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City of Jackson Alabama
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Alabama
County
Clarke County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
City of Jackson Alabama closed FY2024 with a net position of $3.6M, indicating a solid financial foundation. With $5.8M in assets and $2.2M in liabilities, the municipality shows excellent fiscal standing and an assets-to-liabilities ratio of 2.64. Expenditures of $18.6M exceeded revenues of $16.2M, resulting in a $2.4M deficit. A -14.7% margin points to structural budget challenges. All metrics are calculated using Total Governmental Funds data.