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City of California City
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
California
County
Kern County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
The FY2024 financial statements for City of California City show a net position of $13.8M, with assets outpacing liabilities. The financial position includes $16.0M in total assets offset by $2.2M in liabilities, reflecting a solid financial foundation at a 7.37 ratio. Fiscal operations produced a positive result, with $8.6M in revenues against $6.5M in expenditures, leaving a surplus of $1.0M. The healthy 11.9% margin signals disciplined fiscal operations. All metrics are calculated using General Fund data.