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City of La Puente
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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 La Puente reported a net position of $29.8M, reflecting assets exceeding liabilities. The balance sheet reflects total assets of $39.9M against liabilities of $3.6M, representing a strong financial position with an assets-to-liabilities ratio of 11.10. Operating results showed a shortfall, with expenditures of $21.7M exceeding revenues of $21.0M by $874.3K. The -4.2% margin warrants attention to revenue and spending trends. All metrics are calculated using General Fund data.