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City of Prescott
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Arizona
County
Yavapai County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
City of Prescott closed FY2024 with a fund balance of $50.7M, indicating a solid financial foundation. With $60.9M in assets and $7.7M in liabilities, the municipality shows excellent fiscal standing and an assets-to-liabilities ratio of 7.93. Revenues totaling $66.9M surpassed expenditures of $57.2M, generating a $9.2M surplus. A 13.7% margin demonstrates effective financial stewardship. All metrics are calculated using General Fund data.