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City of Cheney
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Washington
County
—
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
City of Cheney closed FY2024 with a net position of $6.0M, indicating a solid financial foundation. With $6.5M in assets and $259.1K in liabilities, the municipality shows excellent fiscal standing and an assets-to-liabilities ratio of 24.98. Revenues totaling $9.8M surpassed expenditures of $9.3M, generating a $233.9K surplus. A 2.4% margin indicates tight alignment between revenues and costs. All metrics are calculated using General Fund data.