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City of Goodyear, Arizona
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Arizona
County
—
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
For FY2024, City of Goodyear reported a net position of $255.2M, reflecting assets exceeding liabilities. The balance sheet reflects total assets of $319.3M against liabilities of $55.4M, representing a strong financial position with an assets-to-liabilities ratio of 5.76. Operating results were favorable, with revenues of $251.7M exceeding expenditures of $203.0M by $43.6M. The 17.3% operating margin reflects strong fiscal management. All metrics are calculated using General Fund data.