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City of Ocala
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Florida
County
Marion County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
City of Ocala closed FY2024 with a fund balance of $89.6M, indicating a solid financial foundation. With $103.5M in assets and $11.8M in liabilities, the municipality shows excellent fiscal standing and an assets-to-liabilities ratio of 8.81. Revenues totaling $121.0M surpassed expenditures of $126.4M, generating a $19.8M surplus. A 16.3% margin demonstrates effective financial stewardship. All metrics are calculated using General Fund data.