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City of Richmond
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
California
County
Contra Costa County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
City of Richmond closed FY2024 with a fund balance of $99.4M, indicating a solid financial foundation. With $120.6M in assets and $18.0M in liabilities, the municipality shows excellent fiscal standing and an assets-to-liabilities ratio of 6.72. Revenues totaling $218.7M surpassed expenditures of $198.6M, generating a $13.1M surplus. A 6.0% margin indicates sustainable fiscal operations. All metrics are calculated using General Fund data.