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City of Benicia
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
California
County
Solano County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
In FY2024, City of Benicia maintained a positive net position of $42.0M, demonstrating financial stability. Total assets of $45.6M compared to liabilities of $3.6M indicate robust financial health, yielding a coverage ratio of 12.57. The government achieved an operating surplus of $4.0M, as revenues of $59.4M outpaced spending of $52.7M. At 6.8%, the operating margin shows steady financial management. All metrics are calculated using General Fund data.