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City of San Marcos
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
California
County
—
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
In FY2024, City of San Marcos maintained a positive fund balance of $122.3M, demonstrating financial stability. Total assets of $175.6M compared to liabilities of $24.5M indicate robust financial health, yielding a coverage ratio of 7.18. The government achieved an operating surplus of $2.7M, as revenues of $98.2M outpaced spending of $97.3M. At 2.7%, the margin reflects a balanced fiscal approach. All metrics are calculated using General Fund data.