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City of Albany
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Municipality & ACFR Details
Type
City/Town Government
State
Oregon
County
Linn County
FY Period
Jul 2022 - Jun 2023
MuniScore
Score not available
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Log inFinancial Summary
For FY2023, this municipality reported a total fund balance of $10.0M. Total assets were $15.4M against total liabilities of $3.6M. For the General Fund, total revenues were $43.2M and expenditures were $45.5M. After other financing sources and uses, the net change in fund balance was $1.2M. The operating margin was -5.4%.