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City of Abbeville, Louisiana
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Louisiana
County
—
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
In FY2024, City of Abbeville maintained a positive net position of $3.6M, demonstrating financial stability. Total assets of $3.9M compared to liabilities of $341.8K indicate robust financial health, yielding a coverage ratio of 11.51. The government achieved an operating surplus of $43.1K, as revenues of $2.0M outpaced spending of $12.0M. At 2.2%, the margin reflects a balanced fiscal approach. All metrics are calculated using General Fund data.