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City of Watertown
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Municipality & ACFR Details
Type
Unclassified
State
Minnesota
County
Carver 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 $2.4M. Total assets were $2.5M against total liabilities of $142K. For the General Fund, total revenues were $3.4M and expenditures were $2.3M. After other financing sources and uses, the net change in fund balance was ($168K). The operating margin was 33.6%.