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City of Mansfield
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Ohio
County
Richland County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
In FY2024, City of Mansfield maintained a positive net position of $16.8M, demonstrating financial stability. Total assets of $23.9M compared to liabilities of $588.0K indicate robust financial health, yielding a coverage ratio of 40.72. The government recorded an operating deficit of $290.2K, as spending of $12.7M outpaced revenues of $29.2M. At -1.0%, the operating margin signals a need for fiscal monitoring. All metrics are calculated using General Fund data.