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City of South Salt Lake
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Utah
County
Salt Lake County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
City of South Salt Lake closed FY2024 with a fund balance of $24.9M, indicating a solid financial foundation. With $39.4M in assets and $6.0M in liabilities, the municipality shows excellent fiscal standing and an assets-to-liabilities ratio of 6.53. Revenues totaling $25.6M surpassed expenditures of $22.1M, generating a $2.4M surplus. A 9.5% margin indicates sustainable fiscal operations. All metrics are calculated using General Fund data.