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City of Mexico Beach
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Florida
County
Bay County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
City of Mexico Beach closed FY2024 with a net position of $13.8M, indicating a solid financial foundation. With $14.2M in assets and $302.1K in liabilities, the municipality shows excellent fiscal standing and an assets-to-liabilities ratio of 46.89. Revenues totaling $7.2M surpassed expenditures of $6.5M, generating a $773.8K surplus. A 10.7% margin demonstrates effective financial stewardship. All metrics are calculated using General Fund data.