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City of Jacksonville
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
North Carolina
County
Onslow County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
The FY2024 financial statements for City of Jacksonville show a net position of $48.1M, with assets outpacing liabilities. The financial position includes $52.1M in total assets offset by $4.0M in liabilities, reflecting a solid financial foundation at a 13.02 ratio. Fiscal operations produced a positive result, with $59.1M in revenues against $51.0M in expenditures, leaving a surplus of $7.0M. The healthy 11.8% margin signals disciplined fiscal operations. All metrics are calculated using General Fund data.