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City of Frisco, Texas
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Texas
County
Collin County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
In FY2024, City of Frisco maintained a positive net position of $777.3M, demonstrating financial stability. Total assets of $976.6M compared to liabilities of $74.3M indicate robust financial health, yielding a coverage ratio of 13.15. The government achieved an operating surplus of $23.1M, as revenues of $258.8M outpaced spending of $245.7M. At 8.9%, the operating margin shows steady financial management. All metrics are calculated using General Fund data.