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City of Hornell
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
New York
County
—
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
City of Hornell closed FY2024 with a net position of $8.1M, indicating a solid financial foundation. With $9.0M in assets and $938.3K in liabilities, the municipality shows excellent fiscal standing and an assets-to-liabilities ratio of 9.60. Revenues totaling $16.5M surpassed expenditures of $15.0M, generating a $1.3M surplus. A 8.0% margin indicates sustainable fiscal operations. All metrics are calculated using General Fund data.