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City of Philip, South Dakota
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Municipality & ACFR Details
Type
City/Town Government
State
South Dakota
County
Haakon County
FY Period
Jan 2020 - Dec 2020
MuniScore
Score not available
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Log inFinancial Summary
For FY2020, this municipality reported a total fund balance of $3.4M. Total assets were $3.5M against total liabilities of $7K. For the General Fund, total revenues were $2.0M and expenditures were $1.4M. After other financing sources and uses, the net change in fund balance was $600K. The operating margin was 29.8%.