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City of South Tucson
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Arizona
County
Pima County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
In FY2024, City of South Tucson maintained a positive fund balance of $3.6M, demonstrating financial stability. Total assets of $4.2M compared to liabilities of $638.1K indicate robust financial health, yielding a coverage ratio of 6.65. The government achieved an operating surplus of $575.3K, as revenues of $7.2M outpaced spending of $6.6M. At 8.0%, the operating margin shows steady financial management. All metrics are calculated using General Fund data.