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City of Columbus
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Ohio
County
Franklin County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
For FY2024, City of Columbus reported a negative net position of -$112.9M, indicating liabilities exceeded assets. The balance sheet reflects total assets of $620.5M against liabilities of $112.9M, representing a strong financial position with an assets-to-liabilities ratio of 5.50. Operating results were favorable, with revenues of $1.4B exceeding expenditures of $1.2B by $15.9M. The 1.1% operating margin shows revenues aligned with expenditures. All metrics are calculated using General Fund data.