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City of Sparks
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Nevada
County
Washoe County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
City of Sparks closed FY2024 with a fund balance of $19.4M, indicating a solid financial foundation. With $27.5M in assets and $6.1M in liabilities, the municipality shows excellent fiscal standing and an assets-to-liabilities ratio of 4.54. Expenditures of $101.5M exceeded revenues of $102.2M, resulting in a $3.8M deficit. A -3.7% margin suggests reviewing budget alignment. All metrics are calculated using General Fund data.