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City of Apalachicola
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Florida
County
Franklin County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
For FY2024, City of Apalachicola reported a net position of $2.6M, reflecting assets exceeding liabilities. The balance sheet reflects total assets of $3.1M against liabilities of $513.6K, representing a strong financial position with an assets-to-liabilities ratio of 5.99. Operating results were favorable, with revenues of $7.1M exceeding expenditures of $6.2M by $872.0K. The 12.4% operating margin reflects strong fiscal management. All metrics are calculated using General Fund data.