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City of Havre
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Montana
County
Hill County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
For FY2024, City of Havre reported a net position of $4.8M, reflecting assets exceeding liabilities. The balance sheet reflects total assets of $5.3M against liabilities of $351.0K, representing a strong financial position with an assets-to-liabilities ratio of 15.11. Operating results were favorable, with revenues of $5.1M exceeding expenditures of $4.7M by $788.4K. The 15.5% operating margin reflects strong fiscal management. All metrics are calculated using General Fund data.