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City of Ottawa
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Illinois
County
LaSalle County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
City of Ottawa closed FY2024 with a fund balance of $5.8M, indicating a solid financial foundation. With $10.1M in assets and $2.2M in liabilities, the municipality shows excellent fiscal standing and an assets-to-liabilities ratio of 4.64. Expenditures of $39.6M exceeded revenues of $38.3M, resulting in a $1.3M deficit. A -3.4% margin suggests reviewing budget alignment. All metrics are calculated using Total Governmental Funds data.