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City of San Fernando
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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
In FY2024, City of San Fernando maintained a positive fund balance of $11.0M, demonstrating financial stability. Total assets of $18.9M compared to liabilities of $4.9M indicate robust financial health, yielding a coverage ratio of 3.82. The government achieved an operating surplus of $705.8K, as revenues of $26.2M outpaced spending of $25.9M. At 2.7%, the margin reflects a balanced fiscal approach. All metrics are calculated using General Fund data.