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City of Abilene, Tx
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Texas
County
Taylor County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
City of Abilene closed FY2024 with a net position of $39.9M, indicating a solid financial foundation. With $48.8M in assets and $4.0M in liabilities, the municipality shows excellent fiscal standing and an assets-to-liabilities ratio of 12.12. Expenditures of $114.9M exceeded revenues of $128.2M, resulting in a $6.2M deficit. A -4.9% margin suggests reviewing budget alignment. All metrics are calculated using General Fund data.