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City of Florida, Florida
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Florida
County
Miami-Dade County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
For FY2024, City of Florida reported a net position of $41.9M, reflecting assets exceeding liabilities. The balance sheet reflects total assets of $56.7M against liabilities of $14.9M, representing a strong financial position with an assets-to-liabilities ratio of 3.82. Operating results were favorable, with revenues of $25.0M exceeding expenditures of $18.1M by $6.9M. The 27.5% operating margin reflects strong fiscal management. All metrics are calculated using General Fund data.