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City of Donaldsonville
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Louisiana
County
Ascension Parish
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
For FY2024, City of Donaldsonville reported a net position of $691.0K, reflecting assets exceeding liabilities. The balance sheet reflects total assets of $2.3M against liabilities of $1.5M, representing a healthy financial position with an assets-to-liabilities ratio of 1.51. Operating results showed a shortfall, with expenditures of $3.9M exceeding revenues of $2.4M by $147.4K. The -6.1% margin indicates a significant revenue-expenditure gap. All metrics are calculated using General Fund data.