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City of Edgewater
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Florida
County
Volusia County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
City of Edgewater closed FY2024 with a net position of $19.1M, indicating a solid financial foundation. With $20.9M in assets and $1.8M in liabilities, the municipality shows excellent fiscal standing and an assets-to-liabilities ratio of 11.83. Revenues totaling $27.5M surpassed expenditures of $25.3M, generating a $1.3M surplus. A 4.6% margin indicates tight alignment between revenues and costs. All metrics are calculated using General Fund data.