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City of Beverly Hills
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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
The FY2024 financial statements for City of Beverly Hills show a net position of $234.7M, with assets outpacing liabilities. The financial position includes $273.5M in total assets offset by $26.9M in liabilities, reflecting a solid financial foundation at a 10.17 ratio. Fiscal operations produced a positive result, with $335.1M in revenues against $294.6M in expenditures, leaving a surplus of $578.8K. The modest 0.2% margin suggests limited fiscal flexibility. All metrics are calculated using General Fund data.