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City of Grass Valley
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
California
County
Nevada County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
The FY2024 financial statements for City of Grass Valley show a net position of $8.3M, with assets outpacing liabilities. The financial position includes $10.4M in total assets offset by $2.1M in liabilities, reflecting a solid financial foundation at a 4.94 ratio. Fiscal operations produced a negative result, with $18.6M in expenditures against $17.8M in revenues, creating a deficit of $377.0K. The -2.1% margin indicates some pressure on fiscal balance. All metrics are calculated using General Fund data.