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City of Manassas, Virginia
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Virginia
County
Manassas city
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
City of Manassas closed FY2024 with a net position of $114.2M, indicating a solid financial foundation. With $165.7M in assets and $41.5M in liabilities, the municipality shows excellent fiscal standing and an assets-to-liabilities ratio of 3.99. Revenues totaling $159.6M surpassed expenditures of $126.5M, generating a $15.9M surplus. A 9.9% margin indicates sustainable fiscal operations. All metrics are calculated using General Fund data.