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City of Santa Clarita
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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 Santa Clarita maintained a positive fund balance of $281.9M, demonstrating financial stability. Total assets of $317.4M compared to liabilities of $28.1M indicate robust financial health, yielding a coverage ratio of 11.31. The government achieved an operating surplus of $15.0M, as revenues of $158.7M outpaced spending of $126.4M. At 9.4%, the operating margin shows steady financial management. All metrics are calculated using General Fund data.