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City of Hewitt
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Municipality & ACFR Details
Type
Unknown
State
Texas
County
McLennan County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
The FY2024 financial statements for City of Hewitt show a net position of $13.2M, with assets outpacing liabilities. The financial position includes $13.6M in total assets offset by $161.1K in liabilities, reflecting a solid financial foundation at a 84.35 ratio. Fiscal operations produced a positive result, with $15.4M in revenues against $14.9M in expenditures, leaving a surplus of $1.8M. The healthy 11.9% margin signals disciplined fiscal operations. All metrics are calculated using General Fund data.