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City of Cortez, Colorado
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Municipality & ACFR Details
Type
Unknown
State
Colorado
County
Montezuma County
FY Period
Jan 2020 - Dec 2020
MuniScore
Score not available
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Log inFinancial Summary
For FY2020, this municipality reported a total fund balance of $3.8M. Total assets were $4.3M against total liabilities of $419K. For the General Fund, total revenues were $13.1M and expenditures were $10.8M. After other financing sources and uses, the net change in fund balance was $2.4M. The operating margin was 17.6%.