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City of Ashland
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Wisconsin
County
Ashland County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
In FY2024, City of Ashland maintained a positive net position of $4.5M, demonstrating financial stability. Total assets of $8.4M compared to liabilities of $836.4K indicate robust financial health, yielding a coverage ratio of 9.99. The government achieved an operating surplus of $345.9K, as revenues of $12.1M outpaced spending of $11.8M. At 2.9%, the margin reflects a balanced fiscal approach. All metrics are calculated using General Fund data.