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City of Arcata
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
California
County
Humboldt County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
City of Arcata closed FY2024 with a net position of $9.6M, indicating a solid financial foundation. With $22.2M in assets and $6.3M in liabilities, the municipality shows excellent fiscal standing and an assets-to-liabilities ratio of 3.51. Expenditures of $30.5M exceeded revenues of $32.2M, resulting in a $604.3K deficit. A -1.9% margin suggests reviewing budget alignment. All metrics are calculated using Total Governmental Funds data.