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City of Port Arthur, Texas
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Texas
County
Jefferson County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
City of Port Arthur closed FY2024 with a fund balance of $25.7M, indicating a solid financial foundation. With $34.9M in assets and $7.2M in liabilities, the municipality shows excellent fiscal standing and an assets-to-liabilities ratio of 4.83. Expenditures of $71.5M exceeded revenues of $79.3M, resulting in a $4.6M deficit. A -5.8% margin points to structural budget challenges. All metrics are calculated using General Fund data.