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City of Longwood
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Municipality & ACFR Details
Type
Unknown
State
Florida
County
Seminole County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
The FY2024 financial statements for City of Longwood show a net position of $10.5M, with assets outpacing liabilities. The financial position includes $13.6M in total assets offset by $2.0M in liabilities, reflecting a solid financial foundation at a 6.79 ratio. Fiscal operations produced a positive result, with $22.2M in revenues against $20.5M in expenditures, leaving a surplus of $6.1M. The healthy 27.6% margin signals disciplined fiscal operations. All metrics are calculated using General Fund data.