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City of Morgan
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Municipality & ACFR Details
Type
Unclassified
State
Minnesota
County
Redwood County
FY Period
Jan 2020 - Dec 2020
MuniScore
Score not available
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Log inFinancial Summary
For FY2020, this municipality reported a total fund balance of $1.3M. Total assets were $1.3M against total liabilities of $33K. For the General Fund, total revenues were $1.1M and expenditures were $3.8M. After other financing sources and uses, the net change in fund balance was ($2.7M). The operating margin was -233.9%.