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Charter Township of Portage
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Municipality & ACFR Details
Type
Township Government
State
Michigan
County
Houghton County
FY Period
Dec 2021 - Dec 2022
MuniScore
Score not available
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Log inFinancial Summary
For FY2022, this municipality reported a total fund balance of $1.3M. Total assets were $1.5M against total liabilities of $215K. For the General Fund, total revenues were $734K and expenditures were $510K. After other financing sources and uses, the net change in fund balance was $209K. The operating margin was 30.5%.