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City of Ponca City, Oklahoma
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Oklahoma
County
Kay County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
For FY2024, City of Ponca City reported a fund balance of $11.3M, reflecting a healthy financial position. The balance sheet reflects total assets of $13.3M against liabilities of $2.0M, representing a strong financial position with an assets-to-liabilities ratio of 6.68. Operating results were favorable, with revenues of $17.7M exceeding expenditures of $27.1M by $1.1M. The 6.1% operating margin reflects sound fiscal practices. All metrics are calculated using General Fund data.