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City of Potterville
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Municipality & ACFR Details
Type
Unknown
State
Michigan
County
—
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
For FY2024, City of Potterville reported a fund balance of $1.2M, reflecting a healthy financial position. The balance sheet reflects total assets of $1.3M against liabilities of $106.3K, representing a strong financial position with an assets-to-liabilities ratio of 11.82. Operating results were favorable, with revenues of $2.6M exceeding expenditures of $1.5M by $185.1K. The 7.2% operating margin reflects sound fiscal practices. All metrics are calculated using General Fund data.