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Town of Searsport
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Municipality & ACFR Details
Type
Unclassified
State
Maine
County
Waldo County
FY Period
Dec 2021 - Dec 2022
MuniScore
Score not available
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Log inFinancial Summary
For FY2022, this municipality reported a total fund balance of $151.4M. Total assets were $335.5M against total liabilities of $87.7M. For the General Fund, total revenues were $729.2M and expenditures were $688.0M. After other financing sources and uses, the net change in fund balance was $41.2M. The operating margin was 5.6%.