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City of Park Falls
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Wisconsin
County
Price County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
City of Park Falls closed FY2024 with a fund balance of $1.4M, indicating a solid financial foundation. With $4.2M in assets and $485.1K in liabilities, the municipality shows excellent fiscal standing and an assets-to-liabilities ratio of 8.75. Revenues totaling $3.8M surpassed expenditures of $3.4M, generating a $125.7K surplus. A 3.3% margin indicates tight alignment between revenues and costs. All metrics are calculated using General Fund data.