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City of Independence, Kentucky
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Municipality & ACFR Details
Type
Unclassified
State
Kentucky
County
Kenton County
FY Period
Jun 2020 - Jun 2021
MuniScore
Score not available
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Log inFinancial Summary
For FY2021, this municipality reported a total fund balance of $11.5M. Total assets were $12.8M against total liabilities of $707K. For the General Fund, total revenues were $11.9M and expenditures were $8.5M. After other financing sources and uses, the net change in fund balance was $2.5M. The operating margin was 28.3%.