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City of Rockwall, Texas
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Municipality & ACFR Details
Type
Unknown
State
Texas
County
Rockwall County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
City of Rockwall closed FY2024 with a fund balance of $27.9M, indicating a solid financial foundation. With $43.0M in assets and $13.6M in liabilities, the municipality shows excellent fiscal standing and an assets-to-liabilities ratio of 3.15. Expenditures of $56.6M exceeded revenues of $54.1M, resulting in a $4.7M deficit. A -8.7% margin points to structural budget challenges. All metrics are calculated using General Fund data.