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City of Reading
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Municipality & ACFR Details
Type
City/Town Government
State
Pennsylvania
County
Berks County
FY Period
Jan 2023 - Dec 2023
MuniScore
Score not available
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Log inFinancial Summary
For FY2023, this municipality reported a total fund balance of $54.5M. Total assets were $62.4M against total liabilities of $2.6M. For the General Fund, total revenues were $96.5M and expenditures were $102.3M. After other financing sources and uses, the net change in fund balance was $6.3M. The operating margin was -6.0%.