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City of Mackinac Island
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Municipality & ACFR Details
Type
Unknown
State
Michigan
County
—
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
For FY2024, City of Mackinac Island reported a net position of $4.1M, reflecting assets exceeding liabilities. The balance sheet reflects total assets of $4.4M against liabilities of $264.3K, representing a strong financial position with an assets-to-liabilities ratio of 16.58. All metrics are calculated using Total Governmental Funds data.