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City of Elizabethton, Tennessee
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Tennessee
County
Carter County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
In FY2024, City of Elizabethton maintained a positive net position of $16.0M, demonstrating financial stability. Total assets of $22.3M compared to liabilities of $533.0K indicate robust financial health, yielding a coverage ratio of 41.75. The government achieved an operating surplus of $1.3M, as revenues of $21.8M outpaced spending of $22.5M. At 5.8%, the operating margin shows steady financial management. All metrics are calculated using General Fund data.