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Fiscal 2024 audit: Statesboro reports $49.8 million in revenues, $19.2 million increase in net position
Summary
An auditor’s presentation to the Statesboro City Council summarized fiscal year 2024 results: total government-wide revenues of $49.8 million, expenses of about $35.3 million, and a net position increase of roughly $19.2 million; the general fund shows a fund balance of about $7.5 million (~35% of annual expenditures).
The Statesboro City Council received a presentation of the city’s audited financial statements for fiscal year 2024 showing stronger net position and healthy enterprise funds, the auditor said Tuesday.
Richard Deal, the presenter, summarized the city’s key financial figures: total assets of about $223,036,000; liabilities of $56,299,000; and a…
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