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City of Craig
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Municipality & ACFR Details
Type
Unknown
State
Alaska
County
Prince of Wales-Hyder Census Area
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
For FY2024, City of Craig reported a net position of $5.1M, reflecting assets exceeding liabilities. The balance sheet reflects total assets of $7.1M against liabilities of $2.1M, representing a strong financial position with an assets-to-liabilities ratio of 3.44. Operating results showed a shortfall, with expenditures of $5.3M exceeding revenues of $5.5M by $213.6K. The -3.9% margin warrants attention to revenue and spending trends. All metrics are calculated using General Fund data.