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City of Dacono, Colorado
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Municipality & ACFR Details
Type
Unknown
State
North Dakota
County
Weld County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
In FY2024, City of Dacono maintained a positive net position of $6.1M, demonstrating financial stability. Total assets of $9.7M compared to liabilities of $890.7K indicate robust financial health, yielding a coverage ratio of 10.94. The government achieved an operating surplus of $229.2K, as revenues of $7.6M outpaced spending of $6.7M. At 3.0%, the margin reflects a balanced fiscal approach. All metrics are calculated using General Fund data.