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City of Denham Springs
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Louisiana
County
Livingston Parish
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
In FY2024, City of Denham Springs maintained a positive net position of $17.7M, demonstrating financial stability. Total assets of $22.8M compared to liabilities of $5.1M indicate robust financial health, yielding a coverage ratio of 4.45. The government achieved an operating surplus of $3.8M, as revenues of $18.5M outpaced spending of $14.1M. At 20.3%, the operating margin indicates robust revenue performance. All metrics are calculated using General Fund data.