Commack Union Free School District

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Municipality & ACFR Details

Type

Independent Local Education Agency (LEA)

State

New York

County

—

FY Period

FY 2024

Commack Union Free School District ACFR Cover

MuniScore

Score not available

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Financial Summary

For FY2024, Commack Union Free School District reported a net position of $40.5M, reflecting assets exceeding liabilities. The balance sheet reflects total assets of $58.3M against liabilities of $15.2M, representing a strong financial position with an assets-to-liabilities ratio of 3.84. Operating results showed a shortfall, with expenditures of $237.2M exceeding revenues of $219.6M by $17.6M. The -8.0% margin indicates a significant revenue-expenditure gap. All metrics are calculated using Total Governmental Funds data.