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City of Ruston
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Louisiana
County
Lincoln Parish
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
In FY2024, City of Ruston maintained a positive fund balance of $10.3M, demonstrating financial stability. Total assets of $24.4M compared to liabilities of $14.1M indicate sound financial standing, yielding a coverage ratio of 1.73. The government recorded an operating deficit of $3.1M, as spending of $43.8M outpaced revenues of $17.3M. At -18.1%, the operating margin requires corrective fiscal action. All metrics are calculated using General Fund data.