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City of Helena, Montana
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Montana
County
Lewis and Clark County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
In FY2024, City of Helena maintained a positive net position of $11.9M, demonstrating financial stability. Total assets of $13.2M compared to liabilities of $973.2K indicate robust financial health, yielding a coverage ratio of 13.59. The government recorded an operating deficit of $1.3M, as spending of $22.1M outpaced revenues of $23.0M. At -5.5%, the operating margin requires corrective fiscal action. All metrics are calculated using General Fund data.