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City of New Hope, Alabama
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Municipality & ACFR Details
Type
Unknown
State
Alabama
County
Madison County
FY Period
Sep 2020 - Sep 2021
MuniScore
Score not available
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Log inFinancial Summary
For FY2021, this municipality reported a total fund balance of $2.8M. Total assets were $3.1M against total liabilities of $189K. For the General Fund, total revenues were $2.7M and expenditures were $1.8M. After other financing sources and uses, the net change in fund balance was $873K. The operating margin was 33.9%.