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City of Fredericksburg, Virginia
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Virginia
County
Fredericksburg city
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
In FY2024, City of Fredericksburg maintained a positive net position of $44.2M, demonstrating financial stability. Total assets of $52.7M compared to liabilities of $5.4M indicate robust financial health, yielding a coverage ratio of 9.72. All metrics are calculated using General Fund data.