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City of Middletown
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Ohio
County
Butler County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
In FY2024, City of Middletown maintained a positive net position of $24.0M, demonstrating financial stability. Total assets of $44.4M compared to liabilities of $11.3M indicate robust financial health, yielding a coverage ratio of 3.94. The government recorded an operating deficit of $4.0M, as spending of $48.4M outpaced revenues of $44.5M. At -8.9%, the operating margin requires corrective fiscal action. All metrics are calculated using General Fund data.