Type
Municipality-General Purpose Government
State
Oklahoma
County
Carter County
FY Period
FY 2024

Score not available
Get the complete financial breakdown, MuniScore details, balance sheets, income statements, and more for City of Ardmore and 14,800+ other municipalities.
View up to 10 municipality dashboards free during your trial.
No credit card required.
Already have an account?
Log inFor FY2024, City of Ardmore reported a negative net position of -$3.6M, indicating liabilities exceeded assets. The balance sheet reflects total assets of $31.8M against liabilities of $3.6M, representing a strong financial position with an assets-to-liabilities ratio of 8.83. Operating results were favorable, with revenues of $27.6M exceeding expenditures of $26.2M by $4.6M. The 16.7% operating margin reflects strong fiscal management. All metrics are calculated using General Fund data.