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City of Portland Tn
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Municipality & ACFR Details
Type
City/Town Government
State
Tennessee
County
Sumner 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 $10.3M. Total assets were $16.2M against total liabilities of $615K. For the General Fund, total revenues were $14.5M and expenditures were $12.3M. After other financing sources and uses, the net change in fund balance was $807K. The operating margin was 14.7%.