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City of Paynesville
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Municipality & ACFR Details
Type
City/Town Government
State
Minnesota
County
Stearns 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 $5.5M. Total assets were $7.4M against total liabilities of $541K. For the General Fund, total revenues were $2.3M and expenditures were $2.2M. After other financing sources and uses, the net change in fund balance was ($266K). The operating margin was 4.7%.