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City of Clinton, Tennessee
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Tennessee
County
Anderson County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
The FY2024 financial statements for City of Clinton show a net position of $12.3M, with assets outpacing liabilities. The financial position includes $20.1M in total assets offset by $3.9M in liabilities, reflecting a solid financial foundation at a 5.15 ratio. Fiscal operations produced a negative result, with $18.4M in expenditures against $15.2M in revenues, creating a deficit of $2.0M. The -13.4% margin reflects substantial fiscal imbalance. All metrics are calculated using General Fund data.