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City of Oceanside
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
California
County
San Diego County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
In FY2024, City of Oceanside maintained a positive fund balance of $142.8M, demonstrating financial stability. Total assets of $217.5M compared to liabilities of $17.4M indicate robust financial health, yielding a coverage ratio of 12.48. The government achieved an operating surplus of $3.9M, as revenues of $11.5M outpaced spending of $31.7M. At 34.2%, the operating margin indicates robust revenue performance. All metrics are calculated using General Fund data.