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City of Conway
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Arkansas
County
Faulkner County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
The FY2024 financial statements for City of Conway show a net position of $25.6M, with assets outpacing liabilities. The financial position includes $35.5M in total assets offset by $3.1M in liabilities, reflecting a solid financial foundation at a 11.33 ratio. Fiscal operations produced a positive result, with $48.5M in revenues against $49.4M in expenditures, leaving a surplus of $1.1M. The modest 2.2% margin suggests limited fiscal flexibility. All metrics are calculated using General Fund data.