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City of Madera
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
California
County
Madera County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
For FY2024, City of Madera reported a net position of $48.7M, reflecting assets exceeding liabilities. The balance sheet reflects total assets of $53.3M against liabilities of $4.1M, representing a strong financial position with an assets-to-liabilities ratio of 12.94. Operating results were favorable, with revenues of $43.8M exceeding expenditures of $43.0M by $3.0M. The 6.8% operating margin reflects sound fiscal practices. All metrics are calculated using General Fund data.