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City of Danville, Kentucky
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Kentucky
County
—
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
The FY2024 financial statements for City of Danville show a net position of $15.9M, with assets outpacing liabilities. The financial position includes $18.2M in total assets offset by $2.3M in liabilities, reflecting a solid financial foundation at a 7.85 ratio. Fiscal operations produced a negative result, with $22.8M in expenditures against $24.3M in revenues, creating a deficit of $5.0M. The -20.5% margin reflects substantial fiscal imbalance. All metrics are calculated using General Fund data.