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City of Salmon
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Municipality & ACFR Details
Type
Unknown
State
Idaho
County
Lemhi County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
For FY2024, City of Salmon reported a fund balance of $1.1M, reflecting a healthy financial position. The balance sheet reflects total assets of $1.2M against liabilities of $119.1K, representing a strong financial position with an assets-to-liabilities ratio of 10.03. Operating results showed a shortfall, with expenditures of $1.8M exceeding revenues of $1.8M by $52.3K. The -2.9% margin warrants attention to revenue and spending trends. All metrics are calculated using General Fund data.