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City of Grants Pass
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Oregon
County
Josephine County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
For FY2024, City of Grants Pass reported a net position of $15.6M, reflecting assets exceeding liabilities. The balance sheet reflects total assets of $18.4M against liabilities of $1.4M, representing a strong financial position with an assets-to-liabilities ratio of 13.11. Operating results showed a shortfall, with expenditures of $34.8M exceeding revenues of $32.7M by $2.0M. The -6.0% margin indicates a significant revenue-expenditure gap. All metrics are calculated using General Fund data.