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City of Nassau Bay, Texas
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Texas
County
—
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
City of Nassau Bay closed FY2024 with a fund balance of $1.7M, indicating a solid financial foundation. With $4.8M in assets and $491.7K in liabilities, the municipality shows excellent fiscal standing and an assets-to-liabilities ratio of 9.79. Expenditures of $6.1M exceeded revenues of $6.8M, resulting in a $539.5K deficit. A -7.9% margin points to structural budget challenges. All metrics are calculated using General Fund data.