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City of Raeford
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Municipality & ACFR Details
Type
City/Town Government
State
North Carolina
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 $11.0M. Total assets were $11.4M against total liabilities of $220K. For the General Fund, total revenues were $6.8M and expenditures were $6.4M. After other financing sources and uses, the net change in fund balance was $998K. The operating margin was 5.9%.