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Area Vocational-technical Schools of Mercer County School District
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Municipality & ACFR Details
Type
County-Dependent Local Education Agency (LEA)
State
New Jersey
County
Mercer County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
The FY2024 financial statements for Area Vocational-technical Schools of Mercer County School District show a net position of $13.8M, with assets outpacing liabilities. The financial position includes $14.1M in total assets offset by $239.6K in liabilities, reflecting a solid financial foundation at a 58.70 ratio. Fiscal operations produced a positive result, with $20.6M in revenues against $20.1M in expenditures, leaving a surplus of $504.7K. The modest 2.5% margin suggests limited fiscal flexibility. All metrics are calculated using General Fund data.