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City of Maple Heights
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Ohio
County
Cuyahoga County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
In FY2024, City of Maple Heights maintained a positive net position of $7.8M, demonstrating financial stability. Total assets of $16.4M compared to liabilities of $946.0K indicate robust financial health, yielding a coverage ratio of 17.38. The government recorded an operating deficit of $3.2M, as spending of $15.9M outpaced revenues of $16.2M. At -19.7%, the operating margin requires corrective fiscal action. All metrics are calculated using General Fund data.