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City of Port Lavaca, Texas
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Texas
County
Calhoun County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
For FY2024, City of Port Lavaca reported a fund balance of $9.2M, reflecting a healthy financial position. The balance sheet reflects total assets of $10.4M against liabilities of $694.8K, representing a strong financial position with an assets-to-liabilities ratio of 14.93. Operating results were favorable, with revenues of $11.0M exceeding expenditures of $10.5M by $182.3K. The 1.7% operating margin shows revenues aligned with expenditures. All metrics are calculated using General Fund data.