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City of Ottumwa
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Municipality & ACFR Details
Type
Unknown
State
Iowa
County
Meeker County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
The FY2024 financial statements for City of Ottumwa show a fund balance of $5.8M, reflecting sound fiscal management. The financial position includes $14.5M in total assets offset by $1.7M in liabilities, reflecting a solid financial foundation at a 8.58 ratio. Fiscal operations produced a negative result, with $37.7M in expenditures against $37.6M in revenues, creating a deficit of $3.8M. The -10.0% margin reflects substantial fiscal imbalance. All metrics are calculated using Total Governmental Funds data.