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City of Burnet
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Texas
County
Burnet County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
City of Burnet closed FY2024 with a net position of $11.1M, indicating a solid financial foundation. With $12.3M in assets and $1.0M in liabilities, the municipality shows excellent fiscal standing and an assets-to-liabilities ratio of 11.92. Expenditures of $13.8M exceeded revenues of $12.7M, resulting in a $1.1M deficit. A -8.7% margin points to structural budget challenges. All metrics are calculated using General Fund data.