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City of Bridgeport
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Municipality & ACFR Details
Type
Unknown
State
Texas
County
Wise County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
For FY2024, City of Bridgeport reported a net position of $2.6M, reflecting assets exceeding liabilities. The balance sheet reflects total assets of $4.2M against liabilities of $462.9K, representing a strong financial position with an assets-to-liabilities ratio of 9.17. Operating results showed a shortfall, with expenditures of $8.3M exceeding revenues of $7.1M by $396.9K. The -5.6% margin indicates a significant revenue-expenditure gap. All metrics are calculated using General Fund data.