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Borough of Lindenwold School District
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Municipality & ACFR Details
Type
Special District / Education Agency
State
New Jersey
County
Camden County
FY Period
Jul 2022 - Jun 2023
MuniScore
Score not available
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Log inFinancial Summary
In FY2023, Borough of Lindenwold School District maintained a positive net position of $1.0B, demonstrating financial stability. Total assets of $1.3B compared to liabilities of $285.6M indicate robust financial health, yielding a coverage ratio of 4.64. The government achieved an operating surplus of $666.3M, as revenues of $7.4B outpaced spending of $6.7B. At 9.0%, the operating margin shows steady financial management. All metrics are calculated using General Fund data.