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City of Spokane
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Washington
County
Spokane County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
The FY2024 financial statements for City of Spokane show a fund balance of $166.8M, reflecting sound fiscal management. The financial position includes $253.0M in total assets offset by $57.0M in liabilities, reflecting a solid financial foundation at a 4.44 ratio. Fiscal operations produced a negative result, with $247.2M in expenditures against $268.7M in revenues, creating a deficit of $1.8M. The -0.7% margin indicates some pressure on fiscal balance. All metrics are calculated using General Fund data.