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City of Morris
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Municipality & ACFR Details
Type
Independent Local Education Agency (LEA)
State
Illinois
County
—
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
City of Morris closed FY2024 with a net position of $8.4M, indicating a solid financial foundation. With $11.8M in assets and $872.8K in liabilities, the municipality shows excellent fiscal standing and an assets-to-liabilities ratio of 13.49. Revenues totaling $16.7M surpassed expenditures of $16.3M, generating a $378.9K surplus. A 2.3% margin indicates tight alignment between revenues and costs. All metrics are calculated using General Fund data.