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City of Austin
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Texas
County
Travis County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
City of Austin ended FY2024 with a net position of -$46.2M, showing liabilities surpassing assets. With $502.1M in assets and $46.2M in liabilities, the municipality shows excellent fiscal standing and an assets-to-liabilities ratio of 10.86. Revenues totaling $1.3B surpassed expenditures of $1.3B, generating a $68.3M surplus. A 5.3% margin indicates sustainable fiscal operations. All metrics are calculated using General Fund data.