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City of Ringgold, Georgia
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Municipality & ACFR Details
Type
Unknown
State
Georgia
County
Catoosa County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
City of Ringgold closed FY2024 with a fund balance of $4.6M, indicating a solid financial foundation. With $11.8M in assets and $7.2M in liabilities, the municipality shows stable fiscal health and an assets-to-liabilities ratio of 1.65. Expenditures of $4.9M exceeded revenues of $5.2M, resulting in a $321.0K deficit. A -6.2% margin points to structural budget challenges. All metrics are calculated using General Fund data.