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City of Monticello
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Municipality & ACFR Details
Type
City/Town Government
State
Minnesota
County
Wright 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 $8.2M. Total assets were $11.6M against total liabilities of $1.9M. For the General Fund, total revenues were $13.2M and expenditures were $11.3M. After other financing sources and uses, the net change in fund balance was $1.1M. The operating margin was 14.3%.