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City of Hendersonville
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
North Carolina
County
—
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
For FY2024, City of Hendersonville reported a net position of $11.3M, reflecting assets exceeding liabilities. The balance sheet reflects total assets of $12.6M against liabilities of $1.3M, representing a strong financial position with an assets-to-liabilities ratio of 9.62. Operating results showed a shortfall, with expenditures of $26.0M exceeding revenues of $25.3M by $522.0K. The -2.1% margin warrants attention to revenue and spending trends. All metrics are calculated using General Fund data.