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City of Alliance
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Ohio
County
Stark County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
The FY2024 financial statements for City of Alliance show a net position of $5.9M, with assets outpacing liabilities. The financial position includes $11.9M in total assets offset by $823.9K in liabilities, reflecting a solid financial foundation at a 14.43 ratio. Fiscal operations produced a positive result, with $15.0M in revenues against $13.8M in expenditures, leaving a surplus of $274.2K. The modest 1.8% margin suggests limited fiscal flexibility. All metrics are calculated using General Fund data.