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City of El Paso, Texas
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Texas
County
El Paso County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
The FY2024 financial statements for City of El Paso show a net position of $168.5M, with assets outpacing liabilities. The financial position includes $219.2M in total assets offset by $26.4M in liabilities, reflecting a solid financial foundation at a 8.31 ratio. Fiscal operations produced a positive result, with $546.3M in revenues against $525.8M in expenditures, leaving a surplus of $12.0M. The modest 2.2% margin suggests limited fiscal flexibility. All metrics are calculated using General Fund data.