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City of Clanton, Alabama
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Municipality & ACFR Details
Type
Unknown
State
Alabama
County
Chilton County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
For FY2024, City of Clanton reported a net position of $13.7M, reflecting assets exceeding liabilities. The balance sheet reflects total assets of $16.2M against liabilities of $2.4M, representing a strong financial position with an assets-to-liabilities ratio of 6.68. Operating results were favorable, with revenues of $18.4M exceeding expenditures of $16.7M by $1.5M. The 8.2% operating margin reflects sound fiscal practices. All metrics are calculated using Total Governmental Funds data.