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City of Richland
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Washington
County
Benton County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
The FY2024 financial statements for City of Richland show a fund balance of $83.4M, reflecting sound fiscal management. The financial position includes $97.9M in total assets offset by $6.4M in liabilities, reflecting a solid financial foundation at a 15.20 ratio. Fiscal operations produced a positive result, with $78.7M in revenues against $74.4M in expenditures, leaving a surplus of $1.4M. The modest 1.8% margin suggests limited fiscal flexibility. All metrics are calculated using General Fund data.