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City of Mount Dora
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Florida
County
Lake County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
The FY2024 financial statements for City of Mount Dora show a net position of $11.8M, with assets outpacing liabilities. The financial position includes $14.6M in total assets offset by $1.7M in liabilities, reflecting a solid financial foundation at a 8.42 ratio. Fiscal operations produced a positive result, with $25.0M in revenues against -$26.0M in expenditures, leaving a surplus of $53.1M. The healthy 212.0% margin signals disciplined fiscal operations. All metrics are calculated using General Fund data.