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Union County Educational Services Commission
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Municipality & ACFR Details
Type
Unknown
State
New Jersey
County
Union County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
In FY2024, Union County Educational Services Commission maintained a positive net position of $3.3B, demonstrating financial stability. Total assets of $3.5B compared to liabilities of $138.0M indicate robust financial health, yielding a coverage ratio of 25.22. The government recorded an operating deficit of $656.3M, as spending of $8.5B outpaced revenues of $7.8B. At -8.4%, the operating margin requires corrective fiscal action. All metrics are calculated using General Fund data.