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City of Douglasville, Georgia
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Georgia
County
Douglas County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
The FY2024 financial statements for City of Douglasville show a net position of $38.6M, with assets outpacing liabilities. The financial position includes $50.6M in total assets offset by $12.0M in liabilities, reflecting a solid financial foundation at a 4.22 ratio. Fiscal operations produced a positive result, with $49.3M in revenues against $43.5M in expenditures, leaving a surplus of $5.8M. The healthy 11.7% margin signals disciplined fiscal operations. All metrics are calculated using General Fund data.