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City of Merced
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Municipality & ACFR Details
Type
City/Town Government
State
California
County
Merced 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 $39.9M. Total assets were $46.9M against total liabilities of $6.7M. For the General Fund, total revenues were $56.8M and expenditures were $51.9M. After other financing sources and uses, the net change in fund balance was $4.8M. The operating margin was 8.5%.