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City of Del City
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Oklahoma
County
Oklahoma County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
For FY2024, City of Del City reported a negative net position of -$1.0M, indicating liabilities exceeded assets. The balance sheet reflects total assets of $1.6M against liabilities of $2.6M, representing a challenging financial position with an assets-to-liabilities ratio of 0.62. Operating results showed a shortfall, with expenditures of $17.1M exceeding revenues of $11.7M by $5.6M. The -48.0% margin indicates a significant revenue-expenditure gap. All metrics are calculated using General Fund data.