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City of Harahan
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Louisiana
County
Jefferson Parish
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
In FY2024, City of Harahan maintained a positive net position of $2.9M, demonstrating financial stability. Total assets of $7.4M compared to liabilities of $2.1M indicate robust financial health, yielding a coverage ratio of 3.42. The government achieved an operating surplus of $268.6K, as revenues of $5.4M outpaced spending of $9.4M. At 5.0%, the margin reflects a balanced fiscal approach. All metrics are calculated using General Fund data.