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City of Raleigh
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
North Carolina
County
—
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
City of Raleigh closed FY2024 with a fund balance of $544.1M, indicating a solid financial foundation. With $584.5M in assets and $23.4M in liabilities, the municipality shows excellent fiscal standing and an assets-to-liabilities ratio of 24.99. Revenues totaling $668.1M surpassed expenditures of $500.8M, generating a $73.5M surplus. A 11.0% margin demonstrates effective financial stewardship. All metrics are calculated using General Fund data.