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City of Poulsbo
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Washington
County
Kitsap County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
City of Poulsbo closed FY2024 with a fund balance of $23.6M, indicating a solid financial foundation. With $27.5M in assets and $3.2M in liabilities, the municipality shows excellent fiscal standing and an assets-to-liabilities ratio of 8.46. Revenues totaling $17.7M surpassed expenditures of $14.3M, generating a $1.2M surplus. A 7.0% margin indicates sustainable fiscal operations. All metrics are calculated using General Fund data.