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City of Lakewood
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Municipality & ACFR Details
Type
City/Town Government
State
Washington
County
Pierce County
FY Period
Dec 2021 - Dec 2022
MuniScore
Score not available
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Log inFinancial Summary
For FY2022, this municipality reported a total fund balance of $19.5M. Total assets were $23.9M against total liabilities of $2.6M. For the General Fund, total revenues were $46.4M and expenditures were $40.6M. After other financing sources and uses, the net change in fund balance was $1.7M. The operating margin was 12.6%.