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City of Kermit, Texas
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Municipality & ACFR Details
Type
Unknown
State
Texas
County
Winkler County
FY Period
Oct 2022 - Sep 2023
MuniScore
Score not available
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Log inFinancial Summary
For FY2023, this municipality reported a total fund balance of $2.7M. Total assets were $3.1M against total liabilities of $342K. For the General Fund, total revenues were $4.8M and expenditures were $4.9M. After other financing sources and uses, the net change in fund balance was $2.0M. The operating margin was -1.8%.