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City of Auburn
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
California
County
Placer County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
The FY2024 financial statements for City of Auburn show a net position of $11.8M, with assets outpacing liabilities. The financial position includes $16.0M in total assets offset by $4.2M in liabilities, reflecting a solid financial foundation at a 3.84 ratio. Fiscal operations produced a negative result, with $18.8M in expenditures against $17.8M in revenues, creating a deficit of $1.0M. The -5.8% margin reflects substantial fiscal imbalance. All metrics are calculated using General Fund data.