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City of New Orleans
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Louisiana
County
Orleans Parish
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
For FY2024, City of New Orleans reported a fund balance of $396.8M, reflecting a healthy financial position. The balance sheet reflects total assets of $908.9M against liabilities of $334.9M, representing a strong financial position with an assets-to-liabilities ratio of 2.71. Operating results showed a shortfall, with expenditures of $920.0M exceeding revenues of $816.4M by $121.1M. The -14.8% margin indicates a significant revenue-expenditure gap. All metrics are calculated using General Fund data.