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City of Genesee, Idaho
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Municipality & ACFR Details
Type
Unknown
State
Idaho
County
Latah County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
The FY2024 financial statements for City of Genesee show a net position of $636.7K, with assets outpacing liabilities. The financial position includes $778.1K in total assets offset by $47.9K in liabilities, reflecting a solid financial foundation at a 16.25 ratio. Fiscal operations produced a negative result, with $421.4K in expenditures against $370.8K in revenues, creating a deficit of $50.6K. The -13.6% margin reflects substantial fiscal imbalance. All metrics are calculated using General Fund data.