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City of Olive Branch
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Mississippi
County
DeSoto County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
The FY2024 financial statements for City of Olive Branch show a fund balance of $46.1M, reflecting sound fiscal management. The financial position includes $54.1M in total assets offset by $8.0M in liabilities, reflecting a solid financial foundation at a 6.76 ratio. Fiscal operations produced a positive result, with $61.6M in revenues against $54.5M in expenditures, leaving a surplus of $7.1M. The healthy 11.5% margin signals disciplined fiscal operations. All metrics are calculated using General Fund data.