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City of Elgin
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Illinois
County
Kane County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
In FY2024, City of Elgin completed its required financial reporting. The government achieved an operating surplus of $7.8M, as revenues of $178.1M outpaced spending of $162.8M. At 4.4%, the margin reflects a balanced fiscal approach. All metrics are calculated using General Fund data.