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City of Oneonta
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Alabama
County
Blount County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
City of Oneonta closed FY2024 with a fund balance of $3.3M, indicating a solid financial foundation. With $3.8M in assets and $478.2K in liabilities, the municipality shows excellent fiscal standing and an assets-to-liabilities ratio of 7.96. Expenditures of $12.2M exceeded revenues of $12.1M, resulting in a $1.0M deficit. A -8.5% margin points to structural budget challenges. All metrics are calculated using General Fund data.