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City of Naples
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Florida
County
Collier County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
In FY2024, City of Naples maintained a positive net position of $33.9M, demonstrating financial stability. Total assets of $36.9M compared to liabilities of $3.0M indicate robust financial health, yielding a coverage ratio of 12.47. The government achieved an operating surplus of $5.2M, as revenues of $61.4M outpaced spending of $58.2M. At 8.6%, the operating margin shows steady financial management. All metrics are calculated using General Fund data.