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City of Ripley
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
West Virginia
County
Jackson County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
The FY2024 financial statements for City of Ripley show a fund balance of $1.6M, reflecting sound fiscal management. The financial position includes $1.7M in total assets offset by $60.4K in liabilities, reflecting a solid financial foundation at a 27.49 ratio. Fiscal operations produced a positive result, with $3.6M in revenues against $3.2M in expenditures, leaving a surplus of $355.5K. The 9.9% margin demonstrates balanced budget execution. All metrics are calculated using General Fund data.