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City of Madison, Mississippi
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Municipality & ACFR Details
Type
City/Town Government
State
Mississippi
County
Madison County
FY Period
Sep 2020 - Sep 2021
MuniScore
Score not available
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Log inFinancial Summary
For FY2021, this municipality reported a total fund balance of $9.1M. Total assets were $13.4M against total liabilities of $4.2M. For the General Fund, total revenues were $26.4M and expenditures were $24.9M. After other financing sources and uses, the net change in fund balance was $281K. The operating margin was 5.6%.