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City of Melrose
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Municipality & ACFR Details
Type
Unclassified
State
Minnesota
County
Stearns 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 $2.5M. Total assets were $2.6M against total liabilities of $124K. For the General Fund, total revenues were $3.0M and expenditures were $2.2M. After other financing sources and uses, the net change in fund balance was ($16K). The operating margin was 26.3%.