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Miami Dade County
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Municipality & ACFR Details
Type
County-Dependent Utility
State
Florida
County
Miami-Dade County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
In FY2024, Miami Dade County maintained a positive net position of $817.3M, demonstrating financial stability. Total assets of $1.0B compared to liabilities of $179.7M indicate robust financial health, yielding a coverage ratio of 5.69. The government recorded an operating deficit of $85.8M, as spending of $2.8B outpaced revenues of $3.5B. At -2.5%, the operating margin signals a need for fiscal monitoring. All metrics are calculated using General Fund data.