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City of Bemidji
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Minnesota
County
—
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
City of Bemidji closed FY2024 with a net position of $9.5M, indicating a solid financial foundation. With $12.5M in assets and $2.8M in liabilities, the municipality shows excellent fiscal standing and an assets-to-liabilities ratio of 4.45. Revenues totaling $17.3M surpassed expenditures of $16.1M, generating a $2.2M surplus. A 12.4% margin demonstrates effective financial stewardship. All metrics are calculated using General Fund data.