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City of Lordsburg
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
New Mexico
County
Hidalgo County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
City of Lordsburg closed FY2024 with a net position of $4.0M, indicating a solid financial foundation. With $4.8M in assets and $88.3K in liabilities, the municipality shows excellent fiscal standing and an assets-to-liabilities ratio of 54.45. Revenues totaling $4.2M surpassed expenditures of $4.1M, generating a $65.1K surplus. A 1.5% margin indicates tight alignment between revenues and costs. All metrics are calculated using General Fund data.