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City of Carrollton, Kentucky
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Kentucky
County
Carroll County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
For FY2024, City of Carrollton reported a net position of $6.6M, reflecting assets exceeding liabilities. The balance sheet reflects total assets of $6.9M against liabilities of $305.3K, representing a strong financial position with an assets-to-liabilities ratio of 22.70. Operating results showed a shortfall, with expenditures of $5.8M exceeding revenues of $5.6M by $126.4K. The -2.2% margin warrants attention to revenue and spending trends. All metrics are calculated using General Fund data.