Commentary
The final two counties in California to release their annual comprehensive financial reports for the year ending June 30, 2022, were Mariposa (Dec. 27, 2024) and Tuolumne (April 25, 2025).
While 49 of the 58 counties stayed roughly in place, nine of them moved four or more places. Using the graph below, let’s review to see what caused the upward or downward movement.
The year ending in 2022 was a positive one for most municipalities, thanks to the Coronavirus Aid, Relief and Economic Security (CARES) Act and other federal relief funding, like the American Rescue Plan Act (ARPA).
In the top 10 of the counties, Marin jumped up five places during the year. The county with a civic center designed by the world-famous architect, Frank Lloyd Wright, enjoyed revenues in excess of expenditures of $282.1 million. This explains the improvement in its unrestricted net position of $252.6 million….