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City of Craig
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Colorado
County
Moffat County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
For FY2024, City of Craig reported a net position of $23.4M, reflecting assets exceeding liabilities. The balance sheet reflects total assets of $26.1M against liabilities of $1.4M, representing a strong financial position with an assets-to-liabilities ratio of 19.22. Operating results were favorable, with revenues of $20.8M exceeding expenditures of $16.5M by $3.5M. The 16.8% operating margin reflects strong fiscal management. All metrics are calculated using General Fund data.