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City of Hillsboro
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Oregon
County
Washington County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
For FY2024, City of Hillsboro reported a net position of $52.6M, reflecting assets exceeding liabilities. The balance sheet reflects total assets of $59.0M against liabilities of $3.9M, representing a strong financial position with an assets-to-liabilities ratio of 15.26. Operating results were favorable, with revenues of $145.0M exceeding expenditures of $144.7M by $293.2K. The 0.2% operating margin shows revenues aligned with expenditures. All metrics are calculated using General Fund data.