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City of Rochelle
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Illinois
County
Ogle County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
For FY2024, City of Rochelle reported a fund balance of $11.8M, reflecting a healthy financial position. The balance sheet reflects total assets of $14.8M against liabilities of $629.4K, representing a strong financial position with an assets-to-liabilities ratio of 23.48. Operating results showed a shortfall, with expenditures of $14.5M exceeding revenues of $11.1M by $77.7K. The -0.7% margin warrants attention to revenue and spending trends. All metrics are calculated using General Fund data.