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City of Centerville
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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 Centerville show a net position of $33.7M, with assets outpacing liabilities. The financial position includes $40.9M in total assets offset by $2.0M in liabilities, reflecting a solid financial foundation at a 20.08 ratio. Fiscal operations produced a negative result, with $25.4M in expenditures against $33.9M in revenues, creating a deficit of $2.8M. The -8.2% margin reflects substantial fiscal imbalance. All metrics are calculated using General Fund data.