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City of Benwood
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Municipality & ACFR Details
Type
Unknown
State
West Virginia
County
Marshall County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
For FY2024, City of Benwood reported a net position of $6.4M, reflecting assets exceeding liabilities. The balance sheet reflects total assets of $6.6M against liabilities of $111.6K, representing a strong financial position with an assets-to-liabilities ratio of 59.08. Operating results were favorable, with revenues of $2.6M exceeding expenditures of $2.3M by $270.5K. The 10.6% operating margin reflects strong fiscal management. All metrics are calculated using General Fund data.