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City of Longmont, Colorado
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Colorado
County
Boulder County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
The FY2024 financial statements for City of Longmont show a net position of $60.9M, with assets outpacing liabilities. The financial position includes $104.2M in total assets offset by $13.4M in liabilities, reflecting a solid financial foundation at a 7.76 ratio. Fiscal operations produced a positive result, with $123.1M in revenues against $111.5M in expenditures, leaving a surplus of $6.6M. The 5.4% margin demonstrates balanced budget execution. All metrics are calculated using General Fund data.