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City of Jackson
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Kentucky
County
Breathitt County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
The FY2024 financial statements for City of Jackson show a net position of $2.2M, with assets outpacing liabilities. The financial position includes $2.4M in total assets offset by $221.7K in liabilities, reflecting a solid financial foundation at a 10.98 ratio. Fiscal operations produced a positive result, with $7.9M in revenues against $7.5M in expenditures, leaving a surplus of $457.4K. The 5.8% margin demonstrates balanced budget execution. All metrics are calculated using Total Governmental Funds data.