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City of Santa Fe, Texas
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Texas
County
Galveston County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
In FY2024, City of Santa Fe maintained a positive fund balance of $3.8M, demonstrating financial stability. Total assets of $6.8M compared to liabilities of $2.9M indicate robust financial health, yielding a coverage ratio of 2.37. The government achieved an operating surplus of $193.8K, as revenues of $10.5M outpaced spending of $10.6M. At 1.9%, the margin reflects a balanced fiscal approach. All metrics are calculated using General Fund data.