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City of Solvang
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Municipality & ACFR Details
Type
Unclassified
State
California
County
Santa Barbara County
FY Period
Jun 2021 - Jun 2022
MuniScore
Score not available
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Log inFinancial Summary
For FY2022, this municipality reported a total fund balance of $14.6M. Total assets were $15.1M against total liabilities of $567K. For the General Fund, total revenues were $12.1M and expenditures were $9.2M. After other financing sources and uses, the net change in fund balance was $2.9M. The operating margin was 24.4%.