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City of Cartersville, Georgia
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Municipality & ACFR Details
Type
Independent Local Education Agency (LEA)
State
Georgia
County
Bartow County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
For FY2024, City of Cartersville reported a negative net position of -$52.4K, indicating liabilities exceeded assets. The balance sheet reflects total assets of $143.2K against liabilities of $5.8K, representing a strong financial position with an assets-to-liabilities ratio of 24.83. Operating results were favorable, with revenues of $47.5M exceeding expenditures of $42.6M by $18.4M. The 38.8% operating margin reflects strong fiscal management. All metrics are calculated using General Fund data.