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City of Horn Lake, Mississippi
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Municipality & ACFR Details
Type
City/Town Government
State
Mississippi
County
DeSoto County
FY Period
Oct 2019 - Sep 2020
MuniScore
Score not available
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Log inFinancial Summary
For FY2020, this municipality reported a total fund balance of $6.0M. Total assets were $13.6M against total liabilities of $1.4M. For the General Fund, total revenues were $18.2M and expenditures were $15.3M. After other financing sources and uses, the net change in fund balance was $2.9M. The operating margin was 15.9%.