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City of Norton
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Municipality & ACFR Details
Type
City/Town Government
State
Virginia
County
Wise 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 $2.7M. Total assets were $8.8M against total liabilities of $4.8M. For the General Fund, total revenues were $15.6M and expenditures were $15.2M. After other financing sources and uses, the net change in fund balance was $91K. The operating margin was 2.6%.