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City of Fairborn
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Ohio
County
Greene County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
In FY2024, City of Fairborn maintained a positive net position of $15.4M, demonstrating financial stability. Total assets of $21.1M compared to liabilities of $562.6K indicate robust financial health, yielding a coverage ratio of 37.51. The government achieved an operating surplus of $5.0M, as revenues of $23.5M outpaced spending of $13.0M. At 21.1%, the operating margin indicates robust revenue performance. All metrics are calculated using General Fund data.