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City of Palm Coast, Florida
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Florida
County
Flagler County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
The FY2024 financial statements for City of Palm Coast show a fund balance of $29.6M, reflecting sound fiscal management. The financial position includes $37.1M in total assets offset by $6.4M in liabilities, reflecting a solid financial foundation at a 5.78 ratio. Fiscal operations produced a positive result, with $58.0M in revenues against $52.6M in expenditures, leaving a surplus of $2.1M. The modest 3.7% margin suggests limited fiscal flexibility. All metrics are calculated using General Fund data.