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City of Hawthorne
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
California
County
Los Angeles County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
City of Hawthorne closed FY2024 with a net position of $109.5M, indicating a solid financial foundation. With $122.6M in assets and $7.4M in liabilities, the municipality shows excellent fiscal standing and an assets-to-liabilities ratio of 16.48. Revenues totaling $110.3M surpassed expenditures of $85.1M, generating a $15.4M surplus. A 13.9% margin demonstrates effective financial stewardship. All metrics are calculated using General Fund data.