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City of Conroe, Texas
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Texas
County
Montgomery County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
In FY2024, City of Conroe maintained a positive net position of $85.9M, demonstrating financial stability. Total assets of $113.5M compared to liabilities of $27.6M indicate robust financial health, yielding a coverage ratio of 4.11. The government achieved an operating surplus of $21.6M, as revenues of $132.3M outpaced spending of $110.8M. At 16.3%, the operating margin indicates robust revenue performance. All metrics are calculated using General Fund data.