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City of Atwater
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
California
County
Merced County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
City of Atwater closed FY2024 with a net position of $17.3M, indicating a solid financial foundation. With $20.0M in assets and $2.2M in liabilities, the municipality shows excellent fiscal standing and an assets-to-liabilities ratio of 8.92. Revenues totaling $20.3M surpassed expenditures of $18.0M, generating a $1.6M surplus. A 8.1% margin indicates sustainable fiscal operations. All metrics are calculated using General Fund data.