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City of Mcalester
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Oklahoma
County
Pittsburg County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
City of Mcalester closed FY2024 with a net position of $1.6M, indicating a solid financial foundation. With $6.0M in assets and $2.6M in liabilities, the municipality shows excellent fiscal standing and an assets-to-liabilities ratio of 2.32. Revenues totaling $18.8M surpassed expenditures of $19.0M, generating a $180.6K surplus. A 1.0% margin indicates tight alignment between revenues and costs. All metrics are calculated using General Fund data.