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City of Deerfield Beach
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Florida
County
—
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
In FY2024, City of Deerfield Beach maintained a positive net position of $61.8M, demonstrating financial stability. Total assets of $69.2M compared to liabilities of $6.8M indicate robust financial health, yielding a coverage ratio of 10.16. The government achieved an operating surplus of $5.6M, as revenues of $140.6M outpaced spending of $122.4M. At 4.0%, the margin reflects a balanced fiscal approach. All metrics are calculated using General Fund data.