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City of Fernley
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Nevada
County
Lyon County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
The FY2024 financial statements for City of Fernley show a net position of $15.0M, with assets outpacing liabilities. The financial position includes $17.3M in total assets offset by $2.4M in liabilities, reflecting a solid financial foundation at a 7.38 ratio. Fiscal operations produced a positive result, with $13.8M in revenues against $11.6M in expenditures, leaving a surplus of $2.2M. The healthy 16.0% margin signals disciplined fiscal operations. All metrics are calculated using General Fund data.