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City of Goleta
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
California
County
Santa Barbara County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
City of Goleta closed FY2024 with a net position of $44.8M, indicating a solid financial foundation. With $51.5M in assets and $6.7M in liabilities, the municipality shows excellent fiscal standing and an assets-to-liabilities ratio of 7.71. Revenues totaling $45.5M surpassed expenditures of $40.0M, generating a $5.3M surplus. A 11.6% margin demonstrates effective financial stewardship. All metrics are calculated using General Fund data.