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City of Rifle
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Colorado
County
Garfield County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
For FY2024, City of Rifle reported a fund balance of $14.0M, reflecting a healthy financial position. The balance sheet reflects total assets of $15.9M against liabilities of $1.1M, representing a strong financial position with an assets-to-liabilities ratio of 13.96. Operating results were favorable, with revenues of $14.0M exceeding expenditures of $12.8M by $346.1K. The 2.5% operating margin shows revenues aligned with expenditures. All metrics are calculated using General Fund data.