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City of Riverside
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
California
County
Riverside County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
The FY2024 financial statements for City of Riverside show a fund balance of $287.9M, reflecting sound fiscal management. The financial position includes $346.1M in total assets offset by $40.4M in liabilities, reflecting a solid financial foundation at a 8.56 ratio. Fiscal operations produced a positive result, with $358.4M in revenues against $310.9M in expenditures, leaving a surplus of $34.5M. The 9.6% margin demonstrates balanced budget execution. All metrics are calculated using General Fund data.