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City of Mountlake Terrace
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Municipality & ACFR Details
Type
City/Town Government
State
Washington
County
Snohomish 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 $7.3M. Total assets were $9.7M against total liabilities of $2.3M. For the General Fund, total revenues were $20.7M and expenditures were $17.1M. After other financing sources and uses, the net change in fund balance was $1.8M. The operating margin was 17.3%.