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City of Baker
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Municipality & ACFR Details
Type
Unknown
State
Louisiana
County
East Baton Rouge Parish
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
The FY2024 financial statements for City of Baker reveal a net position of -$631.4K, with total liabilities exceeding assets. The financial position includes $5.0M in total assets offset by $5.6M in liabilities, reflecting balance sheet stress at a 0.89 ratio. Fiscal operations produced a negative result, with $17.2M in expenditures against $15.7M in revenues, creating a deficit of $1.5M. The -9.8% margin reflects substantial fiscal imbalance. All metrics are calculated using Total Governmental Funds data.