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City of Montclair
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
California
County
San Bernardino County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
The FY2024 financial statements for City of Montclair show a net position of $38.6M, with assets outpacing liabilities. The financial position includes $41.2M in total assets offset by $2.4M in liabilities, reflecting a solid financial foundation at a 17.05 ratio. Fiscal operations produced a positive result, with $49.5M in revenues against $37.3M in expenditures, leaving a surplus of $250.5K. The modest 0.5% margin suggests limited fiscal flexibility. All metrics are calculated using General Fund data.