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City of Dallas, Georgia
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Georgia
County
Bartow County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
In FY2024, City of Dallas maintained a positive net position of $790.7K, demonstrating financial stability. Total assets of $4.2M compared to liabilities of $3.4M indicate balanced fiscal standing, yielding a coverage ratio of 1.23. The government recorded an operating deficit of $540.2K, as spending of $14.2M outpaced revenues of $15.5M. At -3.5%, the operating margin signals a need for fiscal monitoring. All metrics are calculated using General Fund data.