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City of Alva, Oklahoma
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Municipality & ACFR Details
Type
Unknown
State
Oklahoma
County
Woods County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
City of Alva closed FY2024 with a net position of $302.6K, indicating a solid financial foundation. With $318.9K in assets and $16.3K in liabilities, the municipality shows excellent fiscal standing and an assets-to-liabilities ratio of 19.57. Expenditures of $5.8M exceeded revenues of $5.1M, resulting in a $149.1K deficit. A -2.9% margin suggests reviewing budget alignment. All metrics are calculated using General Fund data.