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City of Lauderhill
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Florida
County
Broward County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
For FY2024, City of Lauderhill reported a net position of $19.7M, reflecting assets exceeding liabilities. The balance sheet reflects total assets of $27.2M against liabilities of $7.5M, representing a strong financial position with an assets-to-liabilities ratio of 3.63. Operating results were favorable, with revenues of $86.6M exceeding expenditures of $75.8M by $94.7K. The 0.1% operating margin shows revenues aligned with expenditures. All metrics are calculated using General Fund data.