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City of Oakdale, Louisiana
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Louisiana
County
Allen Parish
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
For FY2024, City of Oakdale reported a fund balance of $915.8K, reflecting a healthy financial position. The balance sheet reflects total assets of $1.2M against liabilities of $279.9K, representing a strong financial position with an assets-to-liabilities ratio of 4.27. Operating results showed a shortfall, with expenditures of $3.8M exceeding revenues of $2.1M by $499.9K. The -24.4% margin indicates a significant revenue-expenditure gap. All metrics are calculated using General Fund data.