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City of Brainerd
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Minnesota
County
Crow Wing County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
In FY2024, City of Brainerd maintained a positive net position of $4.3M, demonstrating financial stability. Total assets of $5.3M compared to liabilities of $714.6K indicate robust financial health, yielding a coverage ratio of 7.42. The government achieved an operating surplus of $437.2K, as revenues of $14.8M outpaced spending of $14.5M. At 3.0%, the margin reflects a balanced fiscal approach. All metrics are calculated using General Fund data.