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City of Richmond
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Municipality & ACFR Details
Type
Unknown
State
Minnesota
County
Stearns 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 $1.8M. Total assets were $2.1M against total liabilities of $247K. For the General Fund, total revenues were $1.2M and expenditures were $1.6M. After other financing sources and uses, the net change in fund balance was ($437K). The operating margin was -32.4%.