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City of Inverness
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Municipality & ACFR Details
Type
Unknown
State
Florida
County
Citrus County
FY Period
Oct 2022 - Sep 2023
MuniScore
Score not available
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Log inFinancial Summary
For FY2023, this municipality reported a total fund balance of $14.1M. Total assets were $16.5M against total liabilities of $2.1M. For the General Fund, total revenues were $10.7M and expenditures were $8.7M. After other financing sources and uses, the net change in fund balance was $1.1M. The operating margin was 18.0%.