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City of Newton, Massachusetts
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Municipality & ACFR Details
Type
City/Town Government
State
Massachusetts
County
Middlesex 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 $116.1M. Total assets were $175.4M against total liabilities of $37.2M. For the General Fund, total revenues were $533.9M and expenditures were $515.6M. After other financing sources and uses, the net change in fund balance was $12.3M. The operating margin was 3.4%.