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City of Morgan Hill
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Municipality & ACFR Details
Type
City/Town Government
State
California
County
Santa Clara 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 $36.7M. Total assets were $46.6M against total liabilities of $4.6M. For the General Fund, total revenues were $49.4M and expenditures were $51.3M. After other financing sources and uses, the net change in fund balance was ($150K). The operating margin was -3.8%.