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City of Hondo
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Texas
County
Medina County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
City of Hondo closed FY2024 with a net position of $6.6M, indicating a solid financial foundation. With $7.3M in assets and $724.5K in liabilities, the municipality shows excellent fiscal standing and an assets-to-liabilities ratio of 10.14. Expenditures of $10.8M exceeded revenues of $5.0M, resulting in a $5.9M deficit. A -117.4% margin points to structural budget challenges. All metrics are calculated using General Fund data.