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City of Hope
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Arkansas
County
Hempstead County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
City of Hope closed FY2024 with a net position of $4.7M, indicating a solid financial foundation. With $5.2M in assets and $471.7K in liabilities, the municipality shows excellent fiscal standing and an assets-to-liabilities ratio of 11.02. Revenues totaling $6.3M surpassed expenditures of $5.5M, generating a $804.7K surplus. A 12.7% margin demonstrates effective financial stewardship. All metrics are calculated using General Fund data.