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City of Inkster
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Municipality & ACFR Details
Type
City/Town Government
State
Michigan
County
Wayne 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 -$348K. Total assets were $4.6M against total liabilities of $3.4M. For the General Fund, total revenues were $15.7M and expenditures were $16.3M. After other financing sources and uses, the net change in fund balance was ($624K). The operating margin was -4.3%.