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City of St Clair
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Municipality & ACFR Details
Type
Unknown
State
Michigan
County
St. Clair County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
For FY2024, City of St Clair reported a fund balance of $8.8M, reflecting a healthy financial position. The balance sheet reflects total assets of $13.2M against liabilities of $547.3K, representing a strong financial position with an assets-to-liabilities ratio of 24.07. Operating results were favorable, with revenues of $7.0M exceeding expenditures of $3.9M by $3.1M. The 43.8% operating margin reflects strong fiscal management. All metrics are calculated using General Fund data.