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City of Douglas, Georgia
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Georgia
County
Coffee County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
The FY2024 financial statements for City of Douglas show a net position of $9.6M, with assets outpacing liabilities. The financial position includes $11.2M in total assets offset by $1.6M in liabilities, reflecting a solid financial foundation at a 6.82 ratio. Fiscal operations produced a positive result, with $11.5M in revenues against $17.0M in expenditures, leaving a surplus of $118.5K. The modest 1.0% margin suggests limited fiscal flexibility. All metrics are calculated using General Fund data.