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City of Oroville
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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
City of Oroville closed FY2024 with a fund balance of $25.3M, indicating a solid financial foundation. With $27.9M in assets and $2.6M in liabilities, the municipality shows excellent fiscal standing and an assets-to-liabilities ratio of 10.85. Expenditures of $26.3M exceeded revenues of $27.1M, resulting in a $3.1M deficit. A -11.4% margin points to structural budget challenges. All metrics are calculated using General Fund data.