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City of Commerce
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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
In FY2024, City of Commerce maintained a positive net position of $155.8M, demonstrating financial stability. Total assets of $165.1M compared to liabilities of $8.4M indicate robust financial health, yielding a coverage ratio of 19.71. All metrics are calculated using General Fund data.