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City of Portland
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Municipality & ACFR Details
Type
Unknown
State
Michigan
County
Ionia 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 $2.2M. Total assets were $2.4M against total liabilities of $191K. For the General Fund, total revenues were $2.4M and expenditures were $2.5M. After other financing sources and uses, the net change in fund balance was $161K. The operating margin was -3.2%.