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City of Belmont
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Municipality & ACFR Details
Type
City/Town Government
State
California
County
San Mateo County
FY Period
Jun 2021 - Jun 2022
MuniScore
Score not available
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Log inFinancial Summary
For FY2022, this municipality reported a total fund balance of $21.0M. Total assets were $31.1M against total liabilities of $2.2M. For the General Fund, total revenues were $30.5M and expenditures were $23.3M. After other financing sources and uses, the net change in fund balance was $3.8M. The operating margin was 23.4%.