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City of Pampa
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Municipality & ACFR Details
Type
Unknown
State
Texas
County
Gray County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
In FY2024, City of Pampa maintained a positive fund balance of $6.3M, demonstrating financial stability. Total assets of $7.6M compared to liabilities of $1.1M indicate robust financial health, yielding a coverage ratio of 6.83. The government achieved an operating surplus of $471.7K, as revenues of $16.4M outpaced spending of $17.8M. At 2.9%, the margin reflects a balanced fiscal approach. All metrics are calculated using General Fund data.