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City of Bell Gardens
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
California
County
Los Angeles County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
In FY2024, City of Bell Gardens maintained a positive net position of $104.9M, demonstrating financial stability. Total assets of $107.6M compared to liabilities of $2.7M indicate robust financial health, yielding a coverage ratio of 39.17. The government achieved an operating surplus of $2.6M, as revenues of $45.7M outpaced spending of $40.5M. At 5.6%, the operating margin shows steady financial management. All metrics are calculated using General Fund data.