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City of Knoxville, Tennessee
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Tennessee
County
Knox County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
For FY2024, City of Knoxville reported a net position of $162.0M, reflecting assets exceeding liabilities. The balance sheet reflects total assets of $349.1M against liabilities of $12.4M, representing a strong financial position with an assets-to-liabilities ratio of 28.17. Operating results were favorable, with revenues of $323.0M exceeding expenditures of $256.9M by $18.4M. The 5.7% operating margin reflects sound fiscal practices. All metrics are calculated using General Fund data.