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City of Seguin
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Texas
County
Guadalupe County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
In FY2024, City of Seguin maintained a positive fund balance of $30.4M, demonstrating financial stability. Total assets of $36.1M compared to liabilities of $3.9M indicate robust financial health, yielding a coverage ratio of 9.18. The government achieved an operating surplus of $10.6M, as revenues of $42.8M outpaced spending of $32.2M. At 24.7%, the operating margin indicates robust revenue performance. All metrics are calculated using General Fund data.