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City of Avondale, Arizona
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Arizona
County
Maricopa County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
For FY2024, City of Avondale reported a net position of $135.2M, reflecting assets exceeding liabilities. The balance sheet reflects total assets of $144.9M against liabilities of $5.2M, representing a strong financial position with an assets-to-liabilities ratio of 28.12. Operating results were favorable, with revenues of $128.8M exceeding expenditures of $89.3M by $13.4M. The 10.4% operating margin reflects strong fiscal management. All metrics are calculated using General Fund data.