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City of Lafollette
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Municipality & ACFR Details
Type
Unclassified
State
Tennessee
County
Campbell County
FY Period
Jun 2021 - Jun 2022
MuniScore
Score not available
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Log inFinancial Summary
For FY2022, this municipality reported a total fund balance of $7.0M. Total assets were $12.7M against total liabilities of $3.3M. For the General Fund, total revenues were $8.4M and expenditures were $9.0M. After other financing sources and uses, the net change in fund balance was ($641K). The operating margin was -7.6%.