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City of Escondido
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
California
County
—
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
City of Escondido closed FY2024 with a net position of $73.8M, indicating a solid financial foundation. With $141.8M in assets and $12.2M in liabilities, the municipality shows excellent fiscal standing and an assets-to-liabilities ratio of 11.65. Revenues totaling $137.2M surpassed expenditures of $125.7M, generating a $2.9M surplus. A 2.1% margin indicates tight alignment between revenues and costs. All metrics are calculated using General Fund data.