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City of Pierce
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Municipality & ACFR Details
Type
City/Town Government
State
Idaho
County
Clearwater County
FY Period
Oct 2022 - Sep 2023
MuniScore
Score not available
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Log inFinancial Summary
City of Pierce closed FY2023 with a fund balance of $50.3K, indicating a solid financial foundation. With $540.1K in assets and $487.8K in liabilities, the municipality shows adequate financial health and an assets-to-liabilities ratio of 1.11. Expenditures of $204.9K exceeded revenues of $121.0K, resulting in a $83.8K deficit. A -69.2% margin points to structural budget challenges. All metrics are calculated using General Fund data.