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City of Lookout Mountain, Georgia
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Municipality & ACFR Details
Type
Unknown
State
Georgia
County
—
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
For FY2024, City of Lookout Mountain reported a net position of $1.7M, reflecting assets exceeding liabilities. The balance sheet reflects total assets of $1.8M against liabilities of $98.8K, representing a strong financial position with an assets-to-liabilities ratio of 18.24. Operating results were favorable, with revenues of $2.0M exceeding expenditures of $1.8M by $208.0K. The 10.2% operating margin reflects strong fiscal management. All metrics are calculated using General Fund data.