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City of Los Fresnos, Texas
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Texas
County
Cameron County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
In FY2024, City of Los Fresnos maintained a positive net position of $1.7M, demonstrating financial stability. Total assets of $2.9M compared to liabilities of $1.0M indicate robust financial health, yielding a coverage ratio of 2.85. The government recorded an operating deficit of $1.0M, as spending of $7.8M outpaced revenues of $6.7M. At -15.5%, the operating margin requires corrective fiscal action. All metrics are calculated using General Fund data.