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City of Richardson
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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 Richardson show a fund balance of $46.2M, reflecting sound fiscal management. The financial position includes $57.9M in total assets offset by $9.5M in liabilities, reflecting a solid financial foundation at a 6.08 ratio. Fiscal operations produced a positive result, with $174.1M in revenues against $156.3M in expenditures, leaving a surplus of $1.8M. The modest 1.0% margin suggests limited fiscal flexibility. All metrics are calculated using General Fund data.