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City of Shreveport
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Louisiana
County
Caddo Parish
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
For FY2024, City of Shreveport reported a fund balance of $29.7M, reflecting a healthy financial position. The balance sheet reflects total assets of $53.7M against liabilities of $22.8M, representing a strong financial position with an assets-to-liabilities ratio of 2.36. Operating results were favorable, with revenues of $271.2M exceeding expenditures of $256.6M by $14.6M. The 5.4% operating margin reflects sound fiscal practices. All metrics are calculated using General Fund data.