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City of Novato
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
California
County
—
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
In FY2024, City of Novato maintained a positive fund balance of $29.3M, demonstrating financial stability. Total assets of $38.8M compared to liabilities of $9.1M indicate robust financial health, yielding a coverage ratio of 4.27. All metrics are calculated using General Fund data.