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City of Avondale Estates
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Municipality & ACFR Details
Type
Unknown
State
Georgia
County
DeKalb County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
In FY2024, City of Avondale Estates maintained a positive net position of $5.2M, demonstrating financial stability. Total assets of $5.9M compared to liabilities of $226.7K indicate robust financial health, yielding a coverage ratio of 25.81. The government recorded an operating deficit of $52.6K, as spending of $4.7M outpaced revenues of $5.2M. At -1.0%, the operating margin signals a need for fiscal monitoring. All metrics are calculated using General Fund data.