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City of Costa Mesa
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
California
County
Orange County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
City of Costa Mesa closed FY2024 with a net position of $139.9M, indicating a solid financial foundation. With $177.4M in assets and $32.2M in liabilities, the municipality shows excellent fiscal standing and an assets-to-liabilities ratio of 5.52. Revenues totaling $203.4M surpassed expenditures of $174.7M, generating a $22.4M surplus. A 11.0% margin demonstrates effective financial stewardship. All metrics are calculated using Total Governmental Funds data.