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City of Prattville, Alabama
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Alabama
County
Autauga County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
For FY2024, City of Prattville reported a fund balance of $41.5M, reflecting a healthy financial position. The balance sheet reflects total assets of $44.6M against liabilities of $2.8M, representing a strong financial position with an assets-to-liabilities ratio of 15.87. Operating results were favorable, with revenues of $61.7M exceeding expenditures of $45.4M by $1.4M. The 2.3% operating margin shows revenues aligned with expenditures. All metrics are calculated using General Fund data.