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City of Coral Springs, Florida
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Florida
County
Broward County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
City of Coral Springs ended FY2024 with a net position of -$40.4M, showing liabilities surpassing assets. With $6.8M in assets and $906.6K in liabilities, the municipality shows excellent fiscal standing and an assets-to-liabilities ratio of 7.52. Revenues totaling $255.0M surpassed expenditures of $229.7M, generating a $27.3M surplus. A 10.7% margin demonstrates effective financial stewardship. All metrics are calculated using Total Governmental Funds data.