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Somers 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
For FY2024, Somers Central School District reported a net position of $16.8M, reflecting assets exceeding liabilities. The balance sheet reflects total assets of $24.2M against liabilities of $7.5M, representing a strong financial position with an assets-to-liabilities ratio of 3.24. Operating results were favorable, with revenues of $108.0M exceeding expenditures of $105.5M by $2.5M. The 2.3% operating margin shows revenues aligned with expenditures. All metrics are calculated using General Fund data.