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City of Asheboro
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Municipality & ACFR Details
Type
City/Town Government
State
North Carolina
County
Randolph 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 $20.3M. Total assets were $27.7M against total liabilities of $6.2M. For the General Fund, total revenues were $37.6M and expenditures were $36.0M. After other financing sources and uses, the net change in fund balance was ($7.8M). The operating margin was 4.3%.