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City of Longview
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Texas
County
Gregg County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
In FY2024, City of Longview maintained a positive net position of $32.9M, demonstrating financial stability. Total assets of $40.6M compared to liabilities of $5.5M indicate robust financial health, yielding a coverage ratio of 7.35. The government recorded an operating deficit of $3.1M, as spending of $91.0M outpaced revenues of $87.4M. At -3.6%, the operating margin signals a need for fiscal monitoring. All metrics are calculated using General Fund data.