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Saranac Lake Central School District
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Municipality & ACFR Details
Type
Independent Local Education Agency (LEA)
State
New York
County
Franklin County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
In FY2024, Saranac Lake Central School District maintained a positive net position of $12.5M, demonstrating financial stability. Total assets of $14.2M compared to liabilities of $1.7M indicate robust financial health, yielding a coverage ratio of 8.28. The government achieved an operating surplus of $1.7M, as revenues of $35.0M outpaced spending of $33.3M. At 4.8%, the margin reflects a balanced fiscal approach. All metrics are calculated using General Fund data.