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City of Bonita Springs
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Municipality & ACFR Details
Type
Unknown
State
Florida
County
Lee County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
In FY2024, City of Bonita Springs maintained a positive net position of $54.9M, demonstrating financial stability. Total assets of $62.3M compared to liabilities of $7.2M indicate robust financial health, yielding a coverage ratio of 8.65. The government achieved an operating surplus of $12.5M, as revenues of $30.1M outpaced spending of $17.6M. At 41.4%, the operating margin indicates robust revenue performance. All metrics are calculated using General Fund data.