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City of Forest Lake
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Municipality & ACFR Details
Type
Unclassified
State
Minnesota
County
Washington County
FY Period
Dec 2021 - Dec 2022
MuniScore
Score not available
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Log inFinancial Summary
For FY2022, this municipality reported a total fund balance of $6.3M. Total assets were $8.6M against total liabilities of $989K. For the General Fund, total revenues were $13.0M and expenditures were $11.0M. After other financing sources and uses, the net change in fund balance was ($234K). The operating margin was 15.4%.