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City of Parma
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Municipality & ACFR Details
Type
City/Town Government
State
Ohio
County
Cuyahoga County
FY Period
Jan 2023 - Dec 2023
MuniScore
Score not available
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Log inFinancial Summary
For FY2023, this municipality reported a total fund balance of $26.4M. Total assets were $37.3M against total liabilities of $3.3M. For the General Fund, total revenues were $66.0M and expenditures were $54.7M. After other financing sources and uses, the net change in fund balance was $7.4M. The operating margin was 17.0%.