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City of Snyder, Texas
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Municipality & ACFR Details
Type
Unknown
State
Texas
County
Scurry County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
For FY2024, City of Snyder reported a fund balance of $13.3M, reflecting a healthy financial position. The balance sheet reflects total assets of $14.9M against liabilities of $1.3M, representing a strong financial position with an assets-to-liabilities ratio of 11.56. Operating results were favorable, with revenues of $10.9M exceeding expenditures of $10.4M by $654.5K. The 6.0% operating margin reflects sound fiscal practices. All metrics are calculated using General Fund data.