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City of Ionia
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Municipality & ACFR Details
Type
Unknown
State
Michigan
County
—
FY Period
Jul 2022 - Jun 2023
MuniScore
Score not available
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Log inFinancial Summary
For FY2023, this municipality reported a total fund balance of $4.2M. Total assets were $4.9M against total liabilities of $472K. For the General Fund, total revenues were $8.0M and expenditures were $6.0M. After other financing sources and uses, the net change in fund balance was $1.1M. The operating margin was 25.6%.