Bakersfield

Overview


Socioeconomic Data
Population 373,640
Employment 163,744
Unemployment Rate 9.1%  (5 of 116)
Zillow Home Value Index $209,600  (47 of 116)
Government-Wide Revenues and Expenses
General Revenues $165,083,486
Capital Grants and Contributions $108,715,757
Charges For Services $153,887,194
Operating Grants and Contributions $21,713,312
Total Revenues $449,399,749
Total Expenditures $447,230,214
Change in Net Assets $2,169,535
Actuarially Determined Pension Contributions $24,213,848
Pension Contributions Actually Made $24,213,848
Government-Wide Position
Current Assets $454,605,400
Total Assets $2,644,862,004
Current Liabilities $58,805,770
Long Term Debt $285,822,617
Total Net Position $1,237,161,258
Unrestricted Net Position ($70,066,811)

Revs and Exps


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Surplus / (Deficit) General Fund Other Funds Total Gov. Funds
FUND BALANCE AT END OF YEAR $  40,780,089 $  154,639,718 $  195,419,807
Surplus/(deficit) (5,400,559) 7,076,262 1,675,703
Revenues
Total Revenues $  183,913,505 $  162,811,150 $  346,724,655
Taxes 150,354,134 17,693,125 168,047,259
Intergovernmental revenues 5,087,587 108,083,210 113,170,797
Charges for services 21,976,819 7,666,677 29,643,496
Fines and Fees 953,351 21,030,726 21,984,077
Other Revenues 1,629,645 5,900,581 7,530,226
Charges for services 85,731,000 0 0
Licenses and permits 3,083,342 214,054 3,297,396
Contributions 362,125 1,207,987 1,570,112
Interest income 466,502 1,004,400 1,470,902
Loan payments 0 10,390 10,390
Expenditures
Total Expenditures $  189,314,064 $  155,734,888 $  345,048,952
Capital Outlay 0 134,748,520 134,748,520
Police 82,284,599 1,200,272 83,484,871
Fire 35,060,487 1,163,962 36,224,449
Public works 25,893,187 935,136 26,828,323
General government 11,148,372 8,105,707 19,254,079
Culture, parks and recreation 18,804,516 29,368 18,833,884
Miscellaneous 8,876,908 3,859,099 12,736,007
Community development 7,245,995 4,985,560 12,231,555
Principal 0 454,964 454,964
Interest 0 252,300 252,300

Metrics


General Fund Balance Ratio 21.54%  (68 of 116)
Debt to Revenue Ratio 63.60%  (110 of 116)
Pension ADC to Revenue Ratio 5.39%  (61 of 116)
Annual Change in Home Prices 2.69%  (99 of 116)
Annual Change in Unemployment Rate (0.2%)  (6 of 116)
Fiscal Health Score 82  (27 of 116)
Implied Credit Rating AAA