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City of Fairburn
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Municipality & ACFR Details
Type
Unknown
State
Georgia
County
Fulton County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
The FY2024 financial statements for City of Fairburn show a net position of $23.5M, with assets outpacing liabilities. The financial position includes $25.8M in total assets offset by $1.8M in liabilities, reflecting a solid financial foundation at a 14.37 ratio. Fiscal operations produced a negative result, with $24.0M in expenditures against $25.3M in revenues, creating a deficit of $1.5M. The -6.0% margin reflects substantial fiscal imbalance. All metrics are calculated using General Fund data.