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City of Choteau
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Montana
County
Teton County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
The FY2024 financial statements for City of Choteau show a net position of $203.2K, with assets outpacing liabilities. The financial position includes $377.6K in total assets offset by $150.2K in liabilities, reflecting a solid financial foundation at a 2.51 ratio. Fiscal operations produced a negative result, with $988.9K in expenditures against $853.1K in revenues, creating a deficit of $149.2K. The -17.5% margin reflects substantial fiscal imbalance. All metrics are calculated using General Fund data.