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City of Belle Glade, Florida
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Florida
County
Palm Beach County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
For FY2024, City of Belle Glade reported a net position of $12.9M, reflecting assets exceeding liabilities. The balance sheet reflects total assets of $13.8M against liabilities of $847.7K, representing a strong financial position with an assets-to-liabilities ratio of 16.27. Operating results showed a shortfall, with expenditures of $14.3M exceeding revenues of $12.1M by $2.1M. The -17.7% margin indicates a significant revenue-expenditure gap. All metrics are calculated using General Fund data.