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City of Orono
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Municipality & ACFR Details
Type
Unknown
State
Minnesota
County
Hennepin 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 $4.2M. Total assets were $6.0M against total liabilities of $1.7M. For the Total Governmental Funds, total revenues were $15.6M and expenditures were $28.7M. After other financing sources and uses, the net change in fund balance was ($9.6M). The operating margin was -83.9%.