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City of Malibu
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Municipality & ACFR Details
Type
City/Town Government
State
California
County
Los Angeles County
FY Period
Jul 2022 - Jun 2023
MuniScore
Score not available
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Log inFinancial Summary
For FY2023, this municipality reported a total fund balance of $85.2M. Total assets were $98.5M against total liabilities of $11.6M. For the General Fund, total revenues were $55.1M and expenditures were $43.0M. After other financing sources and uses, the net change in fund balance was $13.0M. The operating margin was 22.0%.