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City of Desert Hot Springs
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
California
County
Riverside County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
City of Desert Hot Springs closed FY2024 with a net position of $7.5M, indicating a solid financial foundation. With $13.0M in assets and $5.1M in liabilities, the municipality shows excellent fiscal standing and an assets-to-liabilities ratio of 2.56. Expenditures of $15.7M exceeded revenues of $24.3M, resulting in a $1.5M deficit. A -6.0% margin points to structural budget challenges. All metrics are calculated using General Fund data.