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City of Rochester Hills
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Municipality & ACFR Details
Type
City/Town Government
State
Michigan
County
Oakland County
FY Period
Jan 2023 - Dec 2023
MuniScore
Score not available
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Log inFinancial Summary
For FY2023, this municipality reported a total fund balance of $25.8M. Total assets were $41.5M against total liabilities of $2.7M. For the General Fund, total revenues were $32.2M and expenditures were $21.0M. After other financing sources and uses, the net change in fund balance was $2.5M. The operating margin was 34.9%.