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City of Lancaster, Tx
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Texas
County
Dallas County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
The FY2024 financial statements for City of Lancaster show a net position of $43.5M, with assets outpacing liabilities. The financial position includes $48.1M in total assets offset by $2.6M in liabilities, reflecting a solid financial foundation at a 18.37 ratio. Fiscal operations produced a positive result, with $49.7M in revenues against $46.2M in expenditures, leaving a surplus of $5.2M. The healthy 10.5% margin signals disciplined fiscal operations. All metrics are calculated using General Fund data.