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City of Fremont
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Ohio
County
Sandusky County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
In FY2024, City of Fremont maintained a positive net position of $6.6M, demonstrating financial stability. Total assets of $10.0M compared to liabilities of $737.2K indicate robust financial health, yielding a coverage ratio of 13.62. The government achieved an operating surplus of $591.9K, as revenues of $18.2M outpaced spending of $14.2M. At 3.3%, the margin reflects a balanced fiscal approach. All metrics are calculated using General Fund data.