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City of Painesville
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Municipality & ACFR Details
Type
City/Town Government
State
Ohio
County
Lake County
FY Period
Jan 2020 - Dec 2020
MuniScore
Score not available
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Log inFinancial Summary
For FY2020, this municipality reported a total fund balance of $9.9M. Total assets were $12.5M against total liabilities of $469K. For the General Fund, total revenues were $14.0M and expenditures were $11.9M. After other financing sources and uses, the net change in fund balance was $1.3M. The operating margin was 14.8%.