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City of Clear Lake, Iowa
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Municipality & ACFR Details
Type
City/Town Government
State
Iowa
County
Cerro Gordo County
FY Period
Jul 2022 - Jun 2023
MuniScore
Score not available
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Log inFinancial Summary
For FY2023, this municipality reported a total fund balance of $8.7M. Total assets were $15.6M against total liabilities of $1.3M. For the General Fund, total revenues were $9.9M and expenditures were $10.4M. After other financing sources and uses, the net change in fund balance was ($1.8M). The operating margin was -5.0%.