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City of Hutchinson
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Municipality & ACFR Details
Type
City/Town Government
State
Minnesota
County
McLeod 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 $8.3M. Total assets were $9.2M against total liabilities of $652K. For the General Fund, total revenues were $12.0M and expenditures were $13.8M. After other financing sources and uses, the net change in fund balance was $440K. The operating margin was -15.0%.