Fiscal Health Of Cities Like Sonora And Angels Camp ...Middle East

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Fiscal Health Of Cities Like Sonora And Angels Camp
Sonora, CA — The California State Auditor’s Office has released a new report looking at the financial health of the 423 cities across the state. The cities are given a ranking, 1-423.  The city governments with the lower numbers have more fiscal stress, so it is desirable to have a higher number. In addition, the cities are put into three categories, low overall risk (green), moderate risk (yellow), and high risk (red). Angels Camp came in at number 269 and is in the green category. The city is in a good place when it comes to general fund reserves, debt burden and liquidity. However, there is moderate risk relating to revenue trends, pension obligations and future pension costs. There is hi

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