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City of Scott
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Municipality & ACFR Details
Type
Unknown
State
Louisiana
County
Lafayette Parish
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
The FY2024 financial statements for City of Scott show a fund balance of $1.3M, reflecting sound fiscal management. The financial position includes $2.0M in total assets offset by $748.7K in liabilities, reflecting a solid financial foundation at a 2.68 ratio. Fiscal operations produced a negative result, with $7.5M in expenditures against $2.8M in revenues, creating a deficit of $400.4K. The -14.2% margin reflects substantial fiscal imbalance. All metrics are calculated using General Fund data.