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City of Manitowoc
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Wisconsin
County
Manitowoc County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
The FY2024 financial statements for City of Manitowoc show a net position of $10.1M, with assets outpacing liabilities. The financial position includes $23.0M in total assets offset by $2.1M in liabilities, reflecting a solid financial foundation at a 10.83 ratio. Fiscal operations produced a positive result, with $29.3M in revenues against $32.0M in expenditures, leaving a surplus of $1.1M. The modest 3.9% margin suggests limited fiscal flexibility. All metrics are calculated using General Fund data.