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City of Boca Raton
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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
The FY2024 financial statements for City of Boca Raton show a net position of $96.0M, with assets outpacing liabilities. The financial position includes $110.5M in total assets offset by $13.3M in liabilities, reflecting a solid financial foundation at a 8.28 ratio. Fiscal operations produced a positive result, with $228.3M in revenues against $217.3M in expenditures, leaving a surplus of $7.7M. The modest 3.4% margin suggests limited fiscal flexibility. All metrics are calculated using General Fund data.