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City of Las Vegas
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Nevada
County
Clark County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
For FY2024, City of Las Vegas reported a net position of $353.6M, reflecting assets exceeding liabilities. The balance sheet reflects total assets of $489.0M against liabilities of $41.2M, representing a strong financial position with an assets-to-liabilities ratio of 11.87. Operating results were favorable, with revenues of $846.7M exceeding expenditures of $718.5M by $47.5M. The 5.6% operating margin reflects sound fiscal practices. All metrics are calculated using General Fund data.