City’s Annual Fiscal Report Card Released
The 2025 ACFR details city finances, showing an improved net position and revenue growth, along with a spending increase on public safety and healthier pensions.
The 2025 ACFR details city finances, showing an improved net position and revenue growth, along with a spending increase on public safety and healthier pensions.
The city’s FY2024 Annual Comprehensive Financial Report highlights a financial turnaround, exceeding revenue estimates and ending with a $1.5 billion net position. This is despite some revenue shortfalls and pension concerns.