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City of Chino Hills
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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
The FY2024 financial statements for City of Chino Hills show a net position of $55.2M, with assets outpacing liabilities. The financial position includes $71.5M in total assets offset by $4.4M in liabilities, reflecting a solid financial foundation at a 16.38 ratio. Fiscal operations produced a positive result, with $59.1M in revenues against $54.1M in expenditures, leaving a surplus of $2.2M. The modest 3.7% margin suggests limited fiscal flexibility. All metrics are calculated using General Fund data.