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City of Lakeville
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Municipality & ACFR Details
Type
City/Town Government
State
Minnesota
County
Dakota 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 $22.0M. Total assets were $36.0M against total liabilities of $12.7M. For the Total Governmental Funds, total revenues were $74.8M and expenditures were $89.2M. After other financing sources and uses, the net change in fund balance was $16.4M. The operating margin was -19.1%.