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City of Sartell
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Minnesota
County
Stearns County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
In FY2024, City of Sartell maintained a positive fund balance of $5.4M, demonstrating financial stability. Total assets of $6.8M compared to liabilities of $563.1K indicate robust financial health, yielding a coverage ratio of 12.14. The government achieved an operating surplus of $671.6K, as revenues of $10.8M outpaced spending of $10.5M. At 6.2%, the operating margin shows steady financial management. All metrics are calculated using General Fund data.