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City of Petersburg
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Municipality & ACFR Details
Type
City/Town Government
State
Virginia
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 $47.5M. Total assets were $63.8M against total liabilities of $5.1M. For the General Fund, total revenues were $88.4M and expenditures were $77.3M. After other financing sources and uses, the net change in fund balance was $11.1M. The operating margin was 12.5%.