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City of Seagoville
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Municipality & ACFR Details
Type
Unknown
State
Texas
County
Dallas County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
In FY2024, City of Seagoville maintained a positive fund balance of $9.6M, demonstrating financial stability. Total assets of $11.0M compared to liabilities of $800.1K indicate robust financial health, yielding a coverage ratio of 13.69. The government recorded an operating deficit of $1.4M, as spending of $19.8M outpaced revenues of $18.4M. At -7.7%, the operating margin requires corrective fiscal action. All metrics are calculated using General Fund data.