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City of Kingsburg
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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
City of Kingsburg closed FY2024 with a net position of $14.0M, indicating a solid financial foundation. With $14.5M in assets and $431.3K in liabilities, the municipality shows excellent fiscal standing and an assets-to-liabilities ratio of 33.67. Revenues totaling $8.1M surpassed expenditures of $7.9M, generating a $2.7M surplus. A 33.1% margin demonstrates effective financial stewardship. All metrics are calculated using General Fund data.