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City of Fresno
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
California
County
Fresno County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
The FY2024 financial statements for City of Fresno show a net position of $109.0M, with assets outpacing liabilities. The financial position includes $178.7M in total assets offset by $41.5M in liabilities, reflecting a solid financial foundation at a 4.31 ratio. Fiscal operations produced a negative result, with $457.1M in expenditures against $459.0M in revenues, creating a deficit of $18.3M. The -4.0% margin indicates some pressure on fiscal balance. All metrics are calculated using General Fund data.