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City of Hogansville, Georgia
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Municipality & ACFR Details
Type
Unknown
State
Georgia
County
Troup County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
For FY2024, City of Hogansville reported a net position of $481.6K, reflecting assets exceeding liabilities. The balance sheet reflects total assets of $1.1M against liabilities of $643.2K, representing a healthy financial position with an assets-to-liabilities ratio of 1.77. Operating results showed a shortfall, with expenditures of $5.0M exceeding revenues of $4.6M by $418.1K. The -9.1% margin indicates a significant revenue-expenditure gap. All metrics are calculated using General Fund data.