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City of Belvidere
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Municipality & ACFR Details
Type
City/Town Government
State
Illinois
County
—
FY Period
May 2022 - Apr 2023
MuniScore
Score not available
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Log inFinancial Summary
For FY2023, this municipality reported a total fund balance of $25.4M. Total assets were $34.3M against total liabilities of $3.5M. For the General Fund, total revenues were $26.1M and expenditures were $18.3M. After other financing sources and uses, the net change in fund balance was $5.7M. The operating margin was 29.7%.