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City of Henderson
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
North Carolina
County
Vance County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
For FY2024, City of Henderson reported a net position of $14.7M, reflecting assets exceeding liabilities. The balance sheet reflects total assets of $16.2M against liabilities of $1.0M, representing a strong financial position with an assets-to-liabilities ratio of 16.14. Operating results were favorable, with revenues of $18.5M exceeding expenditures of $19.5M by $1.9M. The 10.4% operating margin reflects strong fiscal management. All metrics are calculated using General Fund data.