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City of Mandan
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
North Dakota
County
Morton County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
In FY2024, City of Mandan maintained a positive net position of $11.0M, demonstrating financial stability. Total assets of $13.3M compared to liabilities of $2.0M indicate robust financial health, yielding a coverage ratio of 6.75. The government achieved an operating surplus of $1.3M, as revenues of $16.3M outpaced spending of $17.5M. At 8.2%, the operating margin shows steady financial management. All metrics are calculated using General Fund data.