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Charter Township of Canton
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Municipality & ACFR Details
Type
Township Government
State
Michigan
County
Wayne 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 $39.3M. Total assets were $53.9M against total liabilities of $3.8M. For the General Fund, total revenues were $39.8M and expenditures were $37.4M. After other financing sources and uses, the net change in fund balance was ($9.5M). The operating margin was 5.9%.