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City of Homedale
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Municipality & ACFR Details
Type
Unknown
State
Idaho
County
Owyhee County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
In FY2024, City of Homedale maintained a positive net position of $2.1M, demonstrating financial stability. Total assets of $2.3M compared to liabilities of $36.9K indicate robust financial health, yielding a coverage ratio of 61.61. The government achieved an operating surplus of $99.6K, as revenues of $1.3M outpaced spending of $166.7K. At 7.9%, the operating margin shows steady financial management. All metrics are calculated using General Fund data.