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City of Grapevine, Texas
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Texas
County
Tarrant County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
For FY2024, City of Grapevine reported a net position of $16.8M, reflecting assets exceeding liabilities. The balance sheet reflects total assets of $29.5M against liabilities of $8.3M, representing a strong financial position with an assets-to-liabilities ratio of 3.56. Operating results were favorable, with revenues of $81.8M exceeding expenditures of $76.8M by $752.9K. The 0.9% operating margin shows revenues aligned with expenditures. All metrics are calculated using General Fund data.