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City of Hubbard
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Municipality & ACFR Details
Type
Unknown
State
Texas
County
Hill County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
City of Hubbard closed FY2024 with a net position of $266.9K, indicating a solid financial foundation. With $412.0K in assets and $145.0K in liabilities, the municipality shows excellent fiscal standing and an assets-to-liabilities ratio of 2.84. Revenues totaling $1.3M surpassed expenditures of $1.3M, generating a $5.1K surplus. A 0.4% margin indicates tight alignment between revenues and costs. All metrics are calculated using General Fund data.