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City of Pismo Beach
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
California
County
San Luis Obispo County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
In FY2024, City of Pismo Beach maintained a positive fund balance of $36.5M, demonstrating financial stability. Total assets of $40.6M compared to liabilities of $3.7M indicate robust financial health, yielding a coverage ratio of 10.99. The government achieved an operating surplus of $1.4M, as revenues of $40.7M outpaced spending of $43.8M. At 3.5%, the margin reflects a balanced fiscal approach. All metrics are calculated using Total Governmental Funds data.