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City of Cannon Beach
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Municipality & ACFR Details
Type
Unknown
State
Oregon
County
Clatsop County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
City of Cannon Beach closed FY2024 with a net position of $17.2M, indicating a solid financial foundation. With $18.4M in assets and $1.1M in liabilities, the municipality shows excellent fiscal standing and an assets-to-liabilities ratio of 17.03. Revenues totaling $7.6M surpassed expenditures of $7.3M, generating a $344.4K surplus. A 4.5% margin indicates tight alignment between revenues and costs. All metrics are calculated using General Fund data.