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City of Noblesville
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Indiana
County
Hamilton County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
In FY2024, City of Noblesville maintained a positive fund balance of $49.3M, demonstrating financial stability. Total assets of $63.2M compared to liabilities of $4.2M indicate robust financial health, yielding a coverage ratio of 15.17. The government achieved an operating surplus of $10.2M, as revenues of $84.5M outpaced spending of $74.9M. At 12.1%, the operating margin indicates robust revenue performance. All metrics are calculated using General Fund data.