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City of Marathon
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Florida
County
Monroe County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
For FY2024, City of Marathon reported a net position of $26.6M, reflecting assets exceeding liabilities. The balance sheet reflects total assets of $27.3M against liabilities of $687.2K, representing a strong financial position with an assets-to-liabilities ratio of 39.69. Operating results were favorable, with revenues of $20.2M exceeding expenditures of $18.3M by $1.9M. The 9.6% operating margin reflects sound fiscal practices. All metrics are calculated using General Fund data.