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City of Decatur, Tx
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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
City of Decatur closed FY2024 with a net position of $4.2M, indicating a solid financial foundation. With $5.7M in assets and $1.4M in liabilities, the municipality shows excellent fiscal standing and an assets-to-liabilities ratio of 3.97. Expenditures of $16.4M exceeded revenues of $15.8M, resulting in a $385.3K deficit. A -2.4% margin suggests reviewing budget alignment. All metrics are calculated using General Fund data.