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City of Oviedo
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Florida
County
Seminole County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
For FY2024, City of Oviedo reported a fund balance of $20.7M, reflecting a healthy financial position. The balance sheet reflects total assets of $24.2M against liabilities of $2.8M, representing a strong financial position with an assets-to-liabilities ratio of 8.54. Operating results were favorable, with revenues of $40.0M exceeding expenditures of $37.4M by $3.7M. The 9.2% operating margin reflects sound fiscal practices. All metrics are calculated using General Fund data.