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City of Covington, Louisiana
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Municipality & ACFR Details
Type
City/Town Government
State
Louisiana
County
St. Tammany Parish
FY Period
Jan 2023 - Dec 2023
MuniScore
Score not available
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Log inFinancial Summary
For FY2023, this municipality reported a total fund balance of $16.4M. Total assets were $37.6M against total liabilities of $21.1M. For the General Fund, total revenues were $19.9M and expenditures were $21.3M. After other financing sources and uses, the net change in fund balance was ($557K). The operating margin was -7.4%.