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City of Kettering
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Ohio
County
Montgomery County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
The FY2024 financial statements for City of Kettering show a net position of $68.5M, with assets outpacing liabilities. The financial position includes $94.1M in total assets offset by $5.8M in liabilities, reflecting a solid financial foundation at a 16.16 ratio. Fiscal operations produced a positive result, with $75.7M in revenues against $56.2M in expenditures, leaving a surplus of $3.8M. The 5.1% margin demonstrates balanced budget execution. All metrics are calculated using General Fund data.