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City of Detroit, Michigan
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Municipality & ACFR Details
Type
City/Town Government
State
Michigan
County
Wayne County
FY Period
Jul 2022 - Jun 2023
MuniScore
Score not available
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Log inFinancial Summary
For FY2023, this municipality ended with a General Fund balance of $1.2B. For the General Fund, total revenues were $1.3B and expenditures were $1.1B. After other financing sources and uses, the net change in fund balance was $161.2M. The operating margin was 18.0%.