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City of Pineland, Texas
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Municipality & ACFR Details
Type
Unknown
State
Texas
County
—
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
City of Pineland closed FY2024 with a fund balance of $1.2M, indicating a solid financial foundation. With $1.6M in assets and $117.3K in liabilities, the municipality shows excellent fiscal standing and an assets-to-liabilities ratio of 13.38. Revenues totaling $2.4M surpassed expenditures of $2.4M, generating a $62.3K surplus. A 2.6% margin indicates tight alignment between revenues and costs. All metrics are calculated using General Fund data.