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City of Lilburn
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Georgia
County
Gwinnett County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
City of Lilburn closed FY2024 with a net position of $9.3M, indicating a solid financial foundation. With $10.4M in assets and $955.3K in liabilities, the municipality shows excellent fiscal standing and an assets-to-liabilities ratio of 10.90. Revenues totaling $11.9M surpassed expenditures of $11.1M, generating a $218.9K surplus. A 1.8% margin indicates tight alignment between revenues and costs. All metrics are calculated using General Fund data.