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City of Greensboro
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Alabama
County
Hale County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
For FY2024, City of Greensboro reported a net position of $5.0M, reflecting assets exceeding liabilities. The balance sheet reflects total assets of $5.2M against liabilities of $164.3K, representing a strong financial position with an assets-to-liabilities ratio of 31.40. Operating results were favorable, with revenues of $3.2M exceeding expenditures of $2.7M by $434.0K. The 13.4% operating margin reflects strong fiscal management. All metrics are calculated using General Fund data.