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City of Shasta Lake
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
California
County
Shasta County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
The FY2024 financial statements for City of Shasta Lake show a fund balance of $6.8M, reflecting sound fiscal management. The financial position includes $7.9M in total assets offset by $1.1M in liabilities, reflecting a solid financial foundation at a 7.24 ratio. Fiscal operations produced a positive result, with $9.9M in revenues against $9.3M in expenditures, leaving a surplus of $532.9K. The 5.4% margin demonstrates balanced budget execution. All metrics are calculated using General Fund data.