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City of Norfolk
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Virginia
County
Norfolk city
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
In FY2024, City of Norfolk maintained a positive fund balance of $324.4M, demonstrating financial stability. Total assets of $588.6M compared to liabilities of $207.0M indicate robust financial health, yielding a coverage ratio of 2.84. All metrics are calculated using General Fund data.