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City of Sonora
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
California
County
Tuolumne County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
For FY2024, City of Sonora reported a fund balance of $9.8M, reflecting a healthy financial position. The balance sheet reflects total assets of $10.5M against liabilities of $764.2K, representing a strong financial position with an assets-to-liabilities ratio of 13.78. Operating results were favorable, with revenues of $1.4M exceeding expenditures of $763.3K by $802.3K. The 58.8% operating margin reflects strong fiscal management. All metrics are calculated using Total Governmental Funds data.