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City of Flagstaff, Arizona
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Arizona
County
Coconino County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
For FY2024, City of Flagstaff reported a net position of $89.6M, reflecting assets exceeding liabilities. The balance sheet reflects total assets of $109.3M against liabilities of $8.0M, representing a strong financial position with an assets-to-liabilities ratio of 13.65. Operating results were favorable, with revenues of $99.7M exceeding expenditures of $84.2M by $10.0M. The 10.1% operating margin reflects strong fiscal management. All metrics are calculated using General Fund data.