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City of Slayton
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Municipality & ACFR Details
Type
Unknown
State
Minnesota
County
Murray County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
For FY2024, City of Slayton reported a net position of $1.0M, reflecting assets exceeding liabilities. The balance sheet reflects total assets of $1.1M against liabilities of $100.7K, representing a strong financial position with an assets-to-liabilities ratio of 11.19. Operating results were favorable, with revenues of $2.6M exceeding expenditures of $2.2M by $12.6K. The 0.5% operating margin shows revenues aligned with expenditures. All metrics are calculated using General Fund data.