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City of Havelock
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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
The FY2024 financial statements for City of Havelock show a net position of $19.9M, with assets outpacing liabilities. The financial position includes $20.9M in total assets offset by $565.6K in liabilities, reflecting a solid financial foundation at a 36.88 ratio. Fiscal operations produced a positive result, with $18.0M in revenues against $14.6M in expenditures, leaving a surplus of $3.5M. The healthy 19.1% margin signals disciplined fiscal operations. All metrics are calculated using General Fund data.