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City of Fultondale, Alabama
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Municipality & ACFR Details
Type
Unknown
State
Alabama
County
Jefferson County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
The FY2024 financial statements for City of Fultondale show a net position of $20.5M, with assets outpacing liabilities. The financial position includes $21.1M in total assets offset by $597.7K in liabilities, reflecting a solid financial foundation at a 35.35 ratio. Fiscal operations produced a positive result, with $19.8M in revenues against $15.5M in expenditures, leaving a surplus of $2.0M. The healthy 10.0% margin signals disciplined fiscal operations. All metrics are calculated using General Fund data.