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City of Ada
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Municipality & ACFR Details
Type
City/Town Government
State
Minnesota
County
Norman County
FY Period
Jan 2020 - Dec 2020
MuniScore
Score not available
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Log inFinancial Summary
For FY2020, this municipality reported a total fund balance of $507K. Total assets were $579K against total liabilities of $11K. For the General Fund, total revenues were $1.7M and expenditures were $1.9M. After other financing sources and uses, the net change in fund balance was $308K. The operating margin was -9.6%.