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City of New Smyrna Beach
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Florida
County
—
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
In FY2024, City of New Smyrna Beach maintained a positive fund balance of $21.2M, demonstrating financial stability. Total assets of $24.1M compared to liabilities of $2.6M indicate robust financial health, yielding a coverage ratio of 9.25. The government achieved an operating surplus of $3.3M, as revenues of $50.5M outpaced spending of $41.6M. At 6.5%, the operating margin shows steady financial management. All metrics are calculated using General Fund data.