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City of Springfield
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Minnesota
County
Brown County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
In FY2024, City of Springfield maintained a positive fund balance of $1.4M, demonstrating financial stability. Total assets of $1.7M compared to liabilities of $171.8K indicate robust financial health, yielding a coverage ratio of 10.10. All metrics are calculated using General Fund data.