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City of Bristol, Virginia
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Virginia
County
Bristol city
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
City of Bristol closed FY2024 with a net position of $53.2M, indicating a solid financial foundation. With $75.6M in assets and $7.3M in liabilities, the municipality shows excellent fiscal standing and an assets-to-liabilities ratio of 10.36. Revenues totaling $80.8M surpassed expenditures of $102.1M, generating a $9.7M surplus. A 12.0% margin demonstrates effective financial stewardship. All metrics are calculated using General Fund data.