Hialeah

Overview


Socioeconomic Data
Population 237,069
Employment 105,484
Unemployment Rate 6.7%  (21 of 116)
Zillow Home Value Index $188,800  (55 of 116)
Government-Wide Revenues and Expenses
General Revenues $110,755,507
Capital Grants and Contributions $13,520,257
Charges For Services $106,314,367
Operating Grants and Contributions $22,839,837
Total Revenues $253,429,968
Total Expenditures $254,294,557
Change in Net Assets ($864,589)
Actuarially Determined Pension Contributions $26,535,256
Pension Contributions Actually Made $26,535,256
Government-Wide Position
Current Assets $134,964,053
Total Assets $595,331,205
Current Liabilities $51,971,724
Long Term Debt $303,737,113
Total Net Position ($53,115,419)
Unrestricted Net Position ($262,771,711)

Revs and Exps


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Surplus / (Deficit) General Fund Other Funds Total Gov. Funds
FUND BALANCE AT END OF YEAR $  14,363,978 $  10,556,103 $  24,920,081
Surplus/(deficit) (1,110,034) (611,263) (1,721,297)
Revenues
Total Revenues $  127,220,890 $  46,075,049 $  173,295,939
Miscellaneous Gains 55,130,008 40,320,151 95,450,159
Miscellaneous taxes 43,735,370 0 43,735,370
Utility Taxes 22,248,582 0 22,248,582
Licenses and permits 4,693,089 4,819,891 9,512,980
Fines and Fees 1,396,354 934,838 2,331,192
Interest income 17,487 169 17,656
Expenditures
Public safety $ 0
Total Expenditures $  128,330,924
Current Expenditures $  127,236,662
Capital Outlay $  633,069
Principal $  442,753
Interest $  18,440

Metrics


General Fund Balance Ratio 11.19%  (104 of 116)
Debt to Revenue Ratio 119.85%  (80 of 116)
Pension ADC to Revenue Ratio 10.47%  (11 of 116)
Annual Change in Home Prices 11.32%  (21 of 116)
Annual Change in Unemployment Rate (0.4%)  (22 of 116)
Fiscal Health Score 55  (93 of 116)
Implied Credit Rating A+