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City of St. Augustine, Florida
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Florida
County
St. Johns County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
In FY2024, City of St. Augustine maintained a positive fund balance of $33.1M, demonstrating financial stability. Total assets of $40.0M compared to liabilities of $3.1M indicate robust financial health, yielding a coverage ratio of 12.85. The government achieved an operating surplus of $2.0M, as revenues of $53.0M outpaced spending of $50.0M. At 3.7%, the margin reflects a balanced fiscal approach. All metrics are calculated using General Fund data.