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City of Paterson
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Municipality & ACFR Details
Type
City/Town Government
State
New Jersey
County
Passaic County
FY Period
Jan 2022 - Dec 2022
MuniScore
Score not available
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Log inFinancial Summary
For FY2022, this municipality ended with a General Fund balance of $24.1M. For the General Fund, total revenues were $439.7M and expenditures were $432.8M. After other financing sources and uses, the net change in fund balance was $6.9M. The operating margin was 1.6%.