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City of Scotts Valley
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Municipality & ACFR Details
Type
Unknown
State
California
County
Santa Cruz County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
The FY2024 financial statements for City of Scotts Valley show a fund balance of $9.2M, reflecting sound fiscal management. The financial position includes $12.2M in total assets offset by $797.9K in liabilities, reflecting a solid financial foundation at a 15.35 ratio. Fiscal operations produced a negative result, with $20.3M in expenditures against $19.3M in revenues, creating a deficit of $2.2M. The -11.6% margin reflects substantial fiscal imbalance. All metrics are calculated using General Fund data.