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City of Fort Pierce
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Florida
County
St. Lucie County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
In FY2024, City of Fort Pierce maintained a positive net position of $15.5M, demonstrating financial stability. Total assets of $25.6M compared to liabilities of $2.6M indicate robust financial health, yielding a coverage ratio of 9.95. The government achieved an operating surplus of $1.4M, as revenues of $56.1M outpaced spending of $51.6M. At 2.5%, the margin reflects a balanced fiscal approach. All metrics are calculated using General Fund data.