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City of Sallisaw, Oklahoma
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Oklahoma
County
Sequoyah County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
City of Sallisaw closed FY2024 with a fund balance of $1.7M, indicating a solid financial foundation. With $2.7M in assets and $1.0M in liabilities, the municipality shows excellent fiscal standing and an assets-to-liabilities ratio of 2.60. Expenditures of $12.0M exceeded revenues of $4.2M, resulting in a $569.3K deficit. A -13.6% margin points to structural budget challenges. All metrics are calculated using General Fund data.