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City of Rancho Santa Margarita
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
California
County
Orange County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
For FY2024, City of Rancho Santa Margarita reported a fund balance of $34.0M, reflecting a healthy financial position. The balance sheet reflects total assets of $35.5M against liabilities of $1.4M, representing a strong financial position with an assets-to-liabilities ratio of 24.68. Operating results were favorable, with revenues of $23.1M exceeding expenditures of $20.6M by $2.5M. The 10.7% operating margin reflects strong fiscal management. All metrics are calculated using General Fund data.