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City of Sharonville
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Ohio
County
Hamilton County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
In FY2024, City of Sharonville maintained a positive fund balance of $21.3M, demonstrating financial stability. Total assets of $24.5M compared to liabilities of $1.0M indicate robust financial health, yielding a coverage ratio of 23.51. The government recorded an operating deficit of $775.2K, as spending of $16.8M outpaced revenues of $28.7M. At -2.7%, the operating margin signals a need for fiscal monitoring. All metrics are calculated using General Fund data.