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City of Georgetown
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Kentucky
County
Scott County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
The FY2024 financial statements for City of Georgetown show a net position of $25.1M, with assets outpacing liabilities. The financial position includes $37.9M in total assets offset by $12.3M in liabilities, reflecting a solid financial foundation at a 3.09 ratio. Fiscal operations produced a positive result, with $40.8M in revenues against $37.0M in expenditures, leaving a surplus of $3.8M. The 9.3% margin demonstrates balanced budget execution. All metrics are calculated using General Fund data.