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City of Powder Springs, Georgia
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Georgia
County
Cobb County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
The FY2024 financial statements for City of Powder Springs show a fund balance of $23.9M, reflecting sound fiscal management. The financial position includes $26.4M in total assets offset by $2.4M in liabilities, reflecting a solid financial foundation at a 10.98 ratio. Fiscal operations produced a positive result, with $13.8M in revenues against $10.2M in expenditures, leaving a surplus of $2.2M. The healthy 16.2% margin signals disciplined fiscal operations. All metrics are calculated using General Fund data.