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City of Fayetteville, Tn
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Municipality & ACFR Details
Type
City/Town Government
State
Tennessee
County
Lincoln 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 $12.1M. Total assets were $18.4M against total liabilities of $1.5M. For the General Fund, total revenues were $11.5M and expenditures were $11.2M. After other financing sources and uses, the net change in fund balance was $455K. The operating margin was 2.4%.