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City of Chico
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
California
County
Butte County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
For FY2024, City of Chico reported a net position of $90.7M, reflecting assets exceeding liabilities. The balance sheet reflects total assets of $105.1M against liabilities of $11.8M, representing a strong financial position with an assets-to-liabilities ratio of 8.91. Operating results were favorable, with revenues of $134.5M exceeding expenditures of $78.9M by $39.1M. The 29.1% operating margin reflects strong fiscal management. All metrics are calculated using General Fund data.