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City of Mcfarland
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
California
County
Kern County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
City of Mcfarland closed FY2024 with a net position of $5.5M, indicating a solid financial foundation. With $11.8M in assets and $5.7M in liabilities, the municipality shows excellent fiscal standing and an assets-to-liabilities ratio of 2.07. Revenues totaling $9.6M surpassed expenditures of $5.7M, generating a $3.8M surplus. A 40.2% margin demonstrates effective financial stewardship. All metrics are calculated using General Fund data.