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City of Beaumont
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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
In FY2024, City of Beaumont maintained a positive net position of $48.0M, demonstrating financial stability. Total assets of $58.5M compared to liabilities of $9.2M indicate robust financial health, yielding a coverage ratio of 6.36. The government achieved an operating surplus of $6.3M, as revenues of $64.1M outpaced spending of $51.3M. At 9.8%, the operating margin shows steady financial management. All metrics are calculated using General Fund data.