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City of Commerce City, Colorado
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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 Commerce City maintained a positive net position of $113.0M, demonstrating financial stability. Total assets of $128.8M compared to liabilities of $15.8M indicate robust financial health, yielding a coverage ratio of 8.15. The government achieved an operating surplus of $4.2M, as revenues of $142.5M outpaced spending of $111.0M. At 2.9%, the margin reflects a balanced fiscal approach. All metrics are calculated using General Fund data.