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City of Hialeah
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Florida
County
Miami-Dade County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
City of Hialeah closed FY2024 with a net position of $89.6M, indicating a solid financial foundation. With $281.7M in assets and $186.4M in liabilities, the municipality shows stable fiscal health and an assets-to-liabilities ratio of 1.51. Revenues totaling $215.5M surpassed expenditures of $206.5M, generating a $2.3M surplus. A 1.1% margin indicates tight alignment between revenues and costs. All metrics are calculated using General Fund data.