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City of Pacifica
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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
City of Pacifica closed FY2024 with a fund balance of $18.7M, indicating a solid financial foundation. With $24.5M in assets and $4.2M in liabilities, the municipality shows excellent fiscal standing and an assets-to-liabilities ratio of 5.86. Expenditures of $57.9M exceeded revenues of $56.7M, resulting in a $2.7M deficit. A -4.7% margin suggests reviewing budget alignment. All metrics are calculated using Total Governmental Funds data.