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City of Visalia
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
California
County
Tulare County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
The FY2024 financial statements for City of Visalia show a net position of $59.1M, with assets outpacing liabilities. The financial position includes $66.0M in total assets offset by $4.0M in liabilities, reflecting a solid financial foundation at a 16.57 ratio. Fiscal operations produced a positive result, with $106.1M in revenues against $78.2M in expenditures, leaving a surplus of $3.7M. The modest 3.5% margin suggests limited fiscal flexibility. All metrics are calculated using General Fund data.