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City of Sandusky
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Ohio
County
Erie County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
For FY2024, City of Sandusky reported a fund balance of $9.1M, reflecting a healthy financial position. The balance sheet reflects total assets of $17.9M against liabilities of $712.2K, representing a strong financial position with an assets-to-liabilities ratio of 25.15. Operating results were favorable, with revenues of $35.9M exceeding expenditures of $21.1M by $1.6M. The 4.4% operating margin shows revenues aligned with expenditures. All metrics are calculated using General Fund data.