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City of Crystal Lake
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Illinois
County
McHenry County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
In FY2024, City of Crystal Lake completed its required financial reporting. The government recorded an operating deficit of $1.6M, as spending of $24.1M outpaced revenues of $35.7M. At -4.4%, the operating margin signals a need for fiscal monitoring. All metrics are calculated using General Fund data.