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City of High Shoals
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Municipality & ACFR Details
Type
Unknown
State
North Carolina
County
—
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
For FY2024, City of High Shoals reported a net position of $391.4K, reflecting assets exceeding liabilities. The balance sheet reflects total assets of $430.0K against liabilities of $1.9K, representing a strong financial position with an assets-to-liabilities ratio of 231.16. Operating results showed a shortfall, with expenditures of $660.0K exceeding revenues of $451.6K by $8.5K. The -1.9% margin warrants attention to revenue and spending trends. All metrics are calculated using General Fund data.