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City of Crestview
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Florida
County
Okaloosa County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
City of Crestview closed FY2024 with a net position of $18.2M, indicating a solid financial foundation. With $22.6M in assets and $4.4M in liabilities, the municipality shows excellent fiscal standing and an assets-to-liabilities ratio of 5.16. Expenditures of $36.8M exceeded revenues of $32.7M, resulting in a $4.5M deficit. A -13.7% margin points to structural budget challenges. All metrics are calculated using General Fund data.