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City of Nacogdoches, Texas
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Texas
County
Nacogdoches County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
In FY2024, City of Nacogdoches maintained a positive net position of $18.1M, demonstrating financial stability. Total assets of $20.7M compared to liabilities of $2.0M indicate robust financial health, yielding a coverage ratio of 10.58. The government recorded an operating deficit of $653.3K, as spending of $32.0M outpaced revenues of $25.4M. At -2.6%, the operating margin signals a need for fiscal monitoring. All metrics are calculated using General Fund data.