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City of Columbia
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Tennessee
County
Maury County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
City of Columbia closed FY2024 with a net position of $54.6M, indicating a solid financial foundation. With $75.6M in assets and $6.9M in liabilities, the municipality shows excellent fiscal standing and an assets-to-liabilities ratio of 11.03. Revenues totaling $51.0M surpassed expenditures of $41.1M, generating a $4.9M surplus. A 9.7% margin indicates sustainable fiscal operations. All metrics are calculated using General Fund data.