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City of Fayetteville
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
North Carolina
County
Cumberland County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
For FY2024, City of Fayetteville reported a net position of $99.3M, reflecting assets exceeding liabilities. The balance sheet reflects total assets of $116.3M against liabilities of $6.4M, representing a strong financial position with an assets-to-liabilities ratio of 18.24. Operating results were favorable, with revenues of $202.4M exceeding expenditures of $184.7M by $5.2M. The 2.6% operating margin shows revenues aligned with expenditures. All metrics are calculated using General Fund data.