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City of Cambridge
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Ohio
County
Guernsey County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
For FY2024, City of Cambridge reported a net position of $5.4M, reflecting assets exceeding liabilities. The balance sheet reflects total assets of $5.8M against liabilities of $317.4K, representing a strong financial position with an assets-to-liabilities ratio of 18.33. Operating results were favorable, with revenues of $10.1M exceeding expenditures of $9.2M by $522.4K. The 5.2% operating margin reflects sound fiscal practices. All metrics are calculated using General Fund data.