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City of Jacksonville, Texas
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Texas
County
Cherokee County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
For FY2024, City of Jacksonville reported a net position of $4.8M, reflecting assets exceeding liabilities. The balance sheet reflects total assets of $6.7M against liabilities of $974.8K, representing a strong financial position with an assets-to-liabilities ratio of 6.92. Operating results were favorable, with revenues of $13.5M exceeding expenditures of $14.4M by $85.2K. The 0.6% operating margin shows revenues aligned with expenditures. All metrics are calculated using General Fund data.