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City of Milford, De
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Municipality & ACFR Details
Type
City/Town Government
State
Delaware
County
Sussex 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 -$3.3M. Total assets were $7.2M against total liabilities of $10.0M. For the Non-Major Governmental, total revenues were $290K and expenditures were $114K. After other financing sources and uses, the net change in fund balance was $176K. The operating margin was 60.8%.