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City of Houston
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Texas
County
Harris County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
City of Houston closed FY2024 with a net position of $630.6M, indicating a solid financial foundation. With $1.1B in assets and $235.2M in liabilities, the municipality shows excellent fiscal standing and an assets-to-liabilities ratio of 4.59. Revenues totaling $3.0B surpassed expenditures of $2.5B, generating a $80.4M surplus. A 2.7% margin indicates tight alignment between revenues and costs. All metrics are calculated using General Fund data.