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City of Northglenn
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Colorado
County
Adams County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
In FY2024, City of Northglenn maintained a positive fund balance of $18.4M, demonstrating financial stability. Total assets of $27.5M compared to liabilities of $4.7M indicate robust financial health, yielding a coverage ratio of 5.89. The government achieved an operating surplus of $6.8K, as revenues of $39.6M outpaced spending of $39.7M. At 0.0%, the margin reflects a balanced fiscal approach. All metrics are calculated using General Fund data.