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City of Killeen, Texas
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Texas
County
Bell County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
The FY2024 financial statements for City of Killeen show a net position of $34.6M, with assets outpacing liabilities. The financial position includes $51.5M in total assets offset by $15.2M in liabilities, reflecting a solid financial foundation at a 3.38 ratio. Fiscal operations produced a positive result, with $115.6M in revenues against $113.2M in expenditures, leaving a surplus of $2.5M. The modest 2.2% margin suggests limited fiscal flexibility. All metrics are calculated using General Fund data.