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City of Georgetown, Texas
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Texas
County
Williamson County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
For FY2024, City of Georgetown reported a net position of $333.3M, reflecting assets exceeding liabilities. The balance sheet reflects total assets of $371.7M against liabilities of $38.4M, representing a strong financial position with an assets-to-liabilities ratio of 9.69. Operating results showed a shortfall, with expenditures of $101.9M exceeding revenues of $90.8M by $11.1M. The -12.2% margin indicates a significant revenue-expenditure gap. All metrics are calculated using General Fund data.