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Atlantic City Board of Education
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Municipality & ACFR Details
Type
Independent Local Education Agency (LEA)
State
New Jersey
County
Atlantic County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
Atlantic City Board of Education closed FY2024 with a net position of $20.6B, indicating a solid financial foundation. With $21.4B in assets and $791.3M in liabilities, the municipality shows excellent fiscal standing and an assets-to-liabilities ratio of 27.07. Revenues totaling $25.4B surpassed expenditures of $19.7B, generating a $6.3B surplus. A 24.6% margin demonstrates effective financial stewardship. All metrics are calculated using General Fund data.