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City of Fort Myers, Fl
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Florida
County
Lee County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
The FY2024 financial statements for City of Fort Myers show a net position of $65.5M, with assets outpacing liabilities. The financial position includes $81.2M in total assets offset by $11.8M in liabilities, reflecting a solid financial foundation at a 6.86 ratio. Fiscal operations produced a positive result, with $164.3M in revenues against $141.9M in expenditures, leaving a surplus of $22.4M. The healthy 13.6% margin signals disciplined fiscal operations. All metrics are calculated using General Fund data.