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City of Reedley
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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
For FY2024, City of Reedley reported a fund balance of $11.1M, reflecting a healthy financial position. The balance sheet reflects total assets of $11.8M against liabilities of $728.0K, representing a strong financial position with an assets-to-liabilities ratio of 16.20. Operating results showed a shortfall, with expenditures of $17.4M exceeding revenues of $16.8M by $317.8K. The -1.9% margin warrants attention to revenue and spending trends. All metrics are calculated using General Fund data.