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City of Rathdrum
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Municipality & ACFR Details
Type
Unknown
State
Idaho
County
Kootenai County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
In FY2024, City of Rathdrum maintained a positive fund balance of $11.7M, demonstrating financial stability. Total assets of $17.6M compared to liabilities of $1.2M indicate robust financial health, yielding a coverage ratio of 14.59. The government achieved an operating surplus of $2.9M, as revenues of $9.2M outpaced spending of $6.3M. At 31.2%, the operating margin indicates robust revenue performance. All metrics are calculated using General Fund data.