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City of La Porte, Texas
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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 La Porte closed FY2024 with a net position of $83.3M, indicating a solid financial foundation. With $90.5M in assets and $4.7M in liabilities, the municipality shows excellent fiscal standing and an assets-to-liabilities ratio of 19.16. Revenues totaling $84.4M surpassed expenditures of $53.3M, generating a $8.9M surplus. A 10.5% margin demonstrates effective financial stewardship. All metrics are calculated using General Fund data.