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City of New London
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Municipality & ACFR Details
Type
City/Town Government
State
Minnesota
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 $949K. Total assets were $965K against total liabilities of $12K. For the General Fund, total revenues were $1.1M and expenditures were $731K. After other financing sources and uses, the net change in fund balance was $166K. The operating margin was 31.1%.