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City of Piqua
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Ohio
County
Miami County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
City of Piqua closed FY2024 with a fund balance of $14.1M, indicating a solid financial foundation. With $17.2M in assets and $330.3K in liabilities, the municipality shows excellent fiscal standing and an assets-to-liabilities ratio of 52.13. Revenues totaling $8.6M surpassed expenditures of $4.9M, generating a $3.7M surplus. A 43.3% margin demonstrates effective financial stewardship. All metrics are calculated using General Fund data.