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City of South San Francisco
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
California
County
San Mateo County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
The FY2024 financial statements for City of South San Francisco show a fund balance of $106.3M, reflecting sound fiscal management. The financial position includes $131.1M in total assets offset by $6.5M in liabilities, reflecting a solid financial foundation at a 20.16 ratio. Fiscal operations produced a positive result, with $164.0M in revenues against $139.7M in expenditures, leaving a surplus of $17.8M. The healthy 10.8% margin signals disciplined fiscal operations. All metrics are calculated using General Fund data.