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City of Mishawaka
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Indiana
County
St. Joseph County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
For FY2024, City of Mishawaka reported a net position of $21.4M, reflecting assets exceeding liabilities. The balance sheet reflects total assets of $46.7M against liabilities of $291.2K, representing a strong financial position with an assets-to-liabilities ratio of 160.47. Operating results were favorable, with revenues of $39.9M exceeding expenditures of $42.6M by $1.1M. The 2.7% operating margin shows revenues aligned with expenditures. All metrics are calculated using General Fund data.