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City of Demopolis
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Alabama
County
Marengo County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
City of Demopolis closed FY2024 with a net position of $21.6M, indicating a solid financial foundation. With $21.8M in assets and $190.8K in liabilities, the municipality shows excellent fiscal standing and an assets-to-liabilities ratio of 114.32. Revenues totaling $13.0M surpassed expenditures of $9.9M, generating a $10.8M surplus. A 82.6% margin demonstrates effective financial stewardship. All metrics are calculated using General Fund data.