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City of Columbia, South Carolina
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
South Carolina
County
Richland County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
City of Columbia closed FY2024 with a net position of $51.2M, indicating a solid financial foundation. With $80.9M in assets and $17.7M in liabilities, the municipality shows excellent fiscal standing and an assets-to-liabilities ratio of 4.57. Revenues totaling $239.8M surpassed expenditures of $245.4M, generating a $5.2M surplus. A 2.2% margin indicates tight alignment between revenues and costs. All metrics are calculated using Total Governmental Funds data.