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City of Salem, Il
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Municipality & ACFR Details
Type
Unclassified
State
Illinois
County
Marion County
FY Period
Apr 2020 - Apr 2021
MuniScore
Score not available
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Log inFinancial Summary
For FY2021, this municipality reported a total fund balance of $3.8M. Total assets were $4.8M against total liabilities of $150K. For the General Fund, total revenues were $5.5M and expenditures were $5.6M. After other financing sources and uses, the net change in fund balance was $66K. The operating margin was -1.8%.