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City of Piedmont
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Oklahoma
County
Canadian County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
City of Piedmont closed FY2024 with a fund balance of $1.8M, indicating a solid financial foundation. With $2.0M in assets and $83.3K in liabilities, the municipality shows excellent fiscal standing and an assets-to-liabilities ratio of 24.58. Expenditures of $3.2M exceeded revenues of $5.8M, resulting in a $1.5M deficit. A -26.2% margin points to structural budget challenges. All metrics are calculated using General Fund data.