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City of Oxford, Mississippi
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Mississippi
County
Lafayette County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
In FY2024, City of Oxford maintained a positive fund balance of $29.6M, demonstrating financial stability. Total assets of $31.6M compared to liabilities of $2.0M indicate robust financial health, yielding a coverage ratio of 16.00. The government achieved an operating surplus of $6.0M, as revenues of $46.6M outpaced spending of $43.4M. At 12.8%, the operating margin indicates robust revenue performance. All metrics are calculated using General Fund data.