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Chenango Forks Central School District
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Municipality & ACFR Details
Type
Independent Local Education Agency (LEA)
State
New York
County
Broome County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
The FY2024 financial statements for Chenango Forks Central School District show a net position of $8.3M, with assets outpacing liabilities. The financial position includes $11.7M in total assets offset by $2.2M in liabilities, reflecting a solid financial foundation at a 5.36 ratio. Fiscal operations produced a negative result, with $34.5M in expenditures against $35.6M in revenues, creating a deficit of $1.3M. The -3.6% margin indicates some pressure on fiscal balance. All metrics are calculated using General Fund data.