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City of Hurley
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Municipality & ACFR Details
Type
Unknown
State
Wisconsin
County
Iron County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
The FY2024 financial statements for City of Hurley show a net position of $1.3M, with assets outpacing liabilities. The financial position includes $1.5M in total assets offset by $152.4K in liabilities, reflecting a solid financial foundation at a 9.84 ratio. Fiscal operations produced a negative result, with $2.5M in expenditures against $2.4M in revenues, creating a deficit of $61.3K. The -2.5% margin indicates some pressure on fiscal balance. All metrics are calculated using General Fund data.