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City of Alameda
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
California
County
Alameda County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
The FY2024 financial statements for City of Alameda show a net position of $113.6M, with assets outpacing liabilities. The financial position includes $125.4M in total assets offset by $10.9M in liabilities, reflecting a solid financial foundation at a 11.51 ratio. Fiscal operations produced a positive result, with $132.1M in revenues against $124.4M in expenditures, leaving a surplus of $1.1M. The modest 0.8% margin suggests limited fiscal flexibility. All metrics are calculated using General Fund data.