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Shoreham-wading River Central School District
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Municipality & ACFR Details
Type
Independent Local Education Agency (LEA)
State
New York
County
—
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
In FY2024, Shoreham-wading River Central School District maintained a positive net position of $29.0M, demonstrating financial stability. Total assets of $40.2M compared to liabilities of $11.2M indicate robust financial health, yielding a coverage ratio of 3.60. The government achieved an operating surplus of $3.1M, as revenues of $79.5M outpaced spending of $76.4M. At 3.9%, the margin reflects a balanced fiscal approach. All metrics are calculated using General Fund data.