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City of Kentwood
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Municipality & ACFR Details
Type
Unclassified
State
Michigan
County
Kent County
FY Period
Jun 2021 - Jun 2022
MuniScore
Score not available
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Log inFinancial Summary
For FY2022, this municipality reported a total fund balance of $6.4M. Total assets were $8.9M against total liabilities of $2.1M. For the General Fund, total revenues were $19.1M and expenditures were $29.4M. After other financing sources and uses, the net change in fund balance was $138K. The operating margin was -53.5%.