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City of Lakeway
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Municipality & ACFR Details
Type
Unknown
State
Texas
County
Travis County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
For FY2024, City of Lakeway reported a net position of $6.9M, reflecting assets exceeding liabilities. The balance sheet reflects total assets of $8.2M against liabilities of $1.2M, representing a strong financial position with an assets-to-liabilities ratio of 6.91. Operating results were favorable, with revenues of $18.9M exceeding expenditures of $18.4M by $33.4K. The 0.2% operating margin shows revenues aligned with expenditures. All metrics are calculated using General Fund data.