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City of Florence, Texas
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Municipality & ACFR Details
Type
Unclassified
State
Texas
County
Williamson 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 $5.1M. Total assets were $5.2M against total liabilities of $91K. For the General Fund, total revenues were $1.4M and expenditures were $1.7M. After other financing sources and uses, the net change in fund balance was $1.3M. The operating margin was -26.0%.