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City of Highland
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
California
County
San Bernardino County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
In FY2024, City of Highland maintained a positive net position of $23.9M, demonstrating financial stability. Total assets of $29.8M compared to liabilities of $4.7M indicate robust financial health, yielding a coverage ratio of 6.35. The government achieved an operating surplus of $2.8M, as revenues of $30.3M outpaced spending of $24.7M. At 9.2%, the operating margin shows steady financial management. All metrics are calculated using General Fund data.