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City of Luling
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Texas
County
Caldwell County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
In FY2024, City of Luling maintained a positive net position of $2.3M, demonstrating financial stability. Total assets of $3.5M compared to liabilities of $428.9K indicate robust financial health, yielding a coverage ratio of 8.24. The government achieved an operating surplus of $63.1K, as revenues of $5.3M outpaced spending of $7.4M. At 1.2%, the margin reflects a balanced fiscal approach. All metrics are calculated using General Fund data.