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City of Detroit Lakes
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Municipality & ACFR Details
Type
City/Town Government
State
Minnesota
County
Becker County
FY Period
Jan 2023 - Dec 2023
MuniScore
Score not available
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Log inFinancial Summary
For FY2023, this municipality reported a total fund balance of $6.9M. Total assets were $7.0M against total liabilities of $88K. For the General Fund, total revenues were $7.4M and expenditures were $7.8M. After other financing sources and uses, the net change in fund balance was ($40K). The operating margin was -5.0%.