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City of Olathe, Kansas
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Kansas
County
Johnson County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
For FY2024, City of Olathe reported a fund balance of $50.2M, reflecting a healthy financial position. The balance sheet reflects total assets of $82.3M against liabilities of $4.7M, representing a strong financial position with an assets-to-liabilities ratio of 17.57. Operating results showed a shortfall, with expenditures of $134.4M exceeding revenues of $133.9M by $509.1K. The -0.4% margin warrants attention to revenue and spending trends. All metrics are calculated using General Fund data.