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City of Cordova
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Municipality & ACFR Details
Type
County-General Purpose Government
State
Alaska
County
Anchorage Municipality
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
For FY2024, City of Cordova reported a net position of $2.3M, reflecting assets exceeding liabilities. The balance sheet reflects total assets of $3.0M against liabilities of $554.6K, representing a strong financial position with an assets-to-liabilities ratio of 5.37. Operating results were favorable, with revenues of $15.0M exceeding expenditures of $14.0M by $2.2M. The 14.5% operating margin reflects strong fiscal management. All metrics are calculated using General Fund data.