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City of Marco Island, Florida
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Florida
County
Collier County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
For FY2024, City of Marco Island reported a net position of $42.5M, reflecting assets exceeding liabilities. The balance sheet reflects total assets of $55.0M against liabilities of $8.4M, representing a strong financial position with an assets-to-liabilities ratio of 6.57. Operating results were favorable, with revenues of $33.3M exceeding expenditures of $27.1M by $554.5K. The 1.7% operating margin shows revenues aligned with expenditures. All metrics are calculated using General Fund data.