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City of Pascagoula, Mississippi
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Municipality & ACFR Details
Type
City/Town Government
State
Mississippi
County
Jackson County
FY Period
Oct 2022 - Sep 2023
MuniScore
Score not available
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Log inFinancial Summary
The FY2023 financial statements for City of Pascagoula show a fund balance of $275.7K, reflecting sound fiscal management. The financial position includes $17.3M in total assets offset by $2.5M in liabilities, reflecting a solid financial foundation at a 6.90 ratio. Fiscal operations produced a positive result, with $26.0M in revenues against $24.4M in expenditures, leaving a surplus of $1.1M. The modest 4.1% margin suggests limited fiscal flexibility. All metrics are calculated using General Fund data.