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City of Willoughby
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Municipality & ACFR Details
Type
Unclassified
State
Ohio
County
Lake 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 $13.5M. Total assets were $22.8M against total liabilities of $3.8M. For the General Fund, total revenues were $30.7M and expenditures were $26.4M. After other financing sources and uses, the net change in fund balance was $744K. The operating margin was 14.1%.