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City of Minco, Oklahoma
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Municipality & ACFR Details
Type
Unknown
State
Oklahoma
County
Grady County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
For FY2024, City of Minco reported a net position of $2.3M, reflecting assets exceeding liabilities. The balance sheet reflects total assets of $2.5M against liabilities of $197.6K, representing a strong financial position with an assets-to-liabilities ratio of 12.53. Operating results were favorable, with revenues of $1.3M exceeding expenditures of $954.9K by $53.6K. The 4.1% operating margin shows revenues aligned with expenditures. All metrics are calculated using General Fund data.