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City of Pasadena
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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 Pasadena show a fund balance of $158.9M, reflecting sound fiscal management. The financial position includes $182.5M in total assets offset by $23.3M in liabilities, reflecting a solid financial foundation at a 7.83 ratio. Fiscal operations produced a negative result, with $335.2M in expenditures against $340.9M in revenues, creating a deficit of $5.8M. The -1.7% margin indicates some pressure on fiscal balance. All metrics are calculated using General Fund data.