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City of Santa Clara
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
California
County
Santa Clara County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
For FY2024, City of Santa Clara reported a fund balance of $181.3M, reflecting a healthy financial position. The balance sheet reflects total assets of $456.7M against liabilities of $25.3M, representing a strong financial position with an assets-to-liabilities ratio of 18.08. Operating results were favorable, with revenues of $374.9M exceeding expenditures of $343.1M by $32.1M. The 8.6% operating margin reflects sound fiscal practices. All metrics are calculated using Total Governmental Funds data.