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City of Glendale, 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
City of Glendale closed FY2024 with a net position of $288.1M, indicating a solid financial foundation. With $359.9M in assets and $29.7M in liabilities, the municipality shows excellent fiscal standing and an assets-to-liabilities ratio of 12.13. Revenues totaling $422.5M surpassed expenditures of $302.6M, generating a $16.0M surplus. A 3.8% margin indicates tight alignment between revenues and costs. All metrics are calculated using General Fund data.