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City of Griffin, Georgia
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Georgia
County
Spalding County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
In FY2024, City of Griffin maintained a positive net position of $20.8M, demonstrating financial stability. Total assets of $41.0M compared to liabilities of $19.8M indicate robust financial health, yielding a coverage ratio of 2.07. The government achieved an operating surplus of $759.5K, as revenues of $27.9M outpaced spending of $36.5M. At 2.7%, the margin reflects a balanced fiscal approach. All metrics are calculated using General Fund data.