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City of Citrus Heights
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
California
County
Sacramento County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
For FY2024, City of Citrus Heights reported a net position of $35.0M, reflecting assets exceeding liabilities. The balance sheet reflects total assets of $48.2M against liabilities of $9.9M, representing a strong financial position with an assets-to-liabilities ratio of 4.86. Operating results were favorable, with revenues of $50.2M exceeding expenditures of $40.9M by $11.2M. The 22.3% operating margin reflects strong fiscal management. All metrics are calculated using General Fund data.