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City of Nettleton
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Municipality & ACFR Details
Type
Unknown
State
Mississippi
County
Lee County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
The FY2024 financial statements for City of Nettleton show a fund balance of $1.6M, reflecting sound fiscal management. The financial position includes $1.6M in total assets offset by $37.6K in liabilities, reflecting a solid financial foundation at a 43.57 ratio. Fiscal operations produced a positive result, with $1.5M in revenues against $1.4M in expenditures, leaving a surplus of $65.2K. The modest 4.4% margin suggests limited fiscal flexibility. All metrics are calculated using General Fund data.