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City of Columbiana
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Municipality & ACFR Details
Type
Unknown
State
Ohio
County
Columbiana County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
In FY2024, City of Columbiana maintained a positive net position of $1.5M, demonstrating financial stability. Total assets of $2.7M compared to liabilities of $125.7K indicate robust financial health, yielding a coverage ratio of 21.26. The government achieved an operating surplus of $125.3K, as revenues of $6.3M outpaced spending of $3.6M. At 2.0%, the margin reflects a balanced fiscal approach. All metrics are calculated using General Fund data.