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City of Kingman, Az
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Arizona
County
Mohave County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
City of Kingman closed FY2024 with a net position of $38.1M, indicating a solid financial foundation. With $40.4M in assets and $1.7M in liabilities, the municipality shows excellent fiscal standing and an assets-to-liabilities ratio of 23.99. Expenditures of $35.6M exceeded revenues of $53.3M, resulting in a $1.8M deficit. A -3.3% margin suggests reviewing budget alignment. All metrics are calculated using General Fund data.