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Hopewell Township
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Municipality & ACFR Details
Type
Unknown
State
Pennsylvania
County
Beaver County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
For FY2024, Hopewell Township reported a net position of $5.9M, reflecting assets exceeding liabilities. The balance sheet reflects total assets of $6.7M against liabilities of $361.5K, representing a strong financial position with an assets-to-liabilities ratio of 18.54. Operating results were favorable, with revenues of $7.0M exceeding expenditures of $7.3M by $816.0K. The 11.7% operating margin reflects strong fiscal management. All metrics are calculated using General Fund data.