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City of Lindale
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Municipality & ACFR Details
Type
Unknown
State
Texas
County
Smith County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
The FY2024 financial statements for City of Lindale show a net position of $3.7M, with assets outpacing liabilities. The financial position includes $4.4M in total assets offset by $215.9K in liabilities, reflecting a solid financial foundation at a 20.40 ratio. Fiscal operations produced a negative result, with $7.9M in expenditures against $8.0M in revenues, creating a deficit of $54.2K. The -0.7% margin indicates some pressure on fiscal balance. All metrics are calculated using General Fund data.