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City of Headland, Alabama
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Alabama
County
Henry County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
City of Headland closed FY2024 with a net position of $2.1M, indicating a solid financial foundation. With $2.7M in assets and $422.5K in liabilities, the municipality shows excellent fiscal standing and an assets-to-liabilities ratio of 6.38. Expenditures of $7.7M exceeded revenues of $7.6M, resulting in a $321.3K deficit. A -4.3% margin suggests reviewing budget alignment. All metrics are calculated using General Fund data.