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City of Santa Fe Springs
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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
City of Santa Fe Springs closed FY2024 with a fund balance of $121.2M, indicating a solid financial foundation. With $148.4M in assets and $8.8M in liabilities, the municipality shows excellent fiscal standing and an assets-to-liabilities ratio of 16.83. Revenues totaling $105.8M surpassed expenditures of $81.5M, generating a $20.8M surplus. A 19.6% margin demonstrates effective financial stewardship. All metrics are calculated using General Fund data.