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City of Cairo
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Georgia
County
Grady County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
For FY2024, City of Cairo reported a negative net position of -$102.2K, indicating liabilities exceeded assets. The balance sheet reflects total assets of $1.8M against liabilities of $1.9M, representing a challenging financial position with an assets-to-liabilities ratio of 0.95. Operating results showed a shortfall, with expenditures of $9.3M exceeding revenues of $5.5M by $85.2K. The -1.5% margin warrants attention to revenue and spending trends. All metrics are calculated using General Fund data.