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City of Pomona
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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
For FY2024, City of Pomona reported a fund balance of $60.6M, reflecting a healthy financial position. The balance sheet reflects total assets of $70.8M against liabilities of $10.0M, representing a strong financial position with an assets-to-liabilities ratio of 7.10. Operating results were favorable, with revenues of $254.6M exceeding expenditures of $263.3M by $8.7M. The 3.4% operating margin shows revenues aligned with expenditures. All metrics are calculated using Total Governmental Funds data.