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City of Oak Park, Michigan
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Municipality & ACFR Details
Type
City/Town Government
State
Michigan
County
Oakland County
FY Period
Jun 2020 - Jun 2021
MuniScore
Score not available
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Log inFinancial Summary
For FY2021, this municipality reported a total fund balance of $5.3M. Total assets were $8.0M against total liabilities of $2.6M. For the General Fund, total revenues were $24.3M and expenditures were $21.4M. After other financing sources and uses, the net change in fund balance was $960K. The operating margin was 11.6%.