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City of Denton, Texas
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Texas
County
Denton County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
The FY2024 financial statements for City of Denton show a net position of $42.1M, with assets outpacing liabilities. The financial position includes $53.9M in total assets offset by $9.1M in liabilities, reflecting a solid financial foundation at a 5.95 ratio. Fiscal operations produced a negative result, with $170.2M in expenditures against $169.4M in revenues, creating a deficit of $2.6M. The -1.5% margin indicates some pressure on fiscal balance. All metrics are calculated using General Fund data.