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Borough of Middlesex School District
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Municipality & ACFR Details
Type
Independent Local Education Agency (LEA)
State
New Jersey
County
Middlesex County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
For FY2024, Borough of Middlesex School District reported a net position of $735.6M, reflecting assets exceeding liabilities. The balance sheet reflects total assets of $814.0M against liabilities of $78.3M, representing a strong financial position with an assets-to-liabilities ratio of 10.39. Operating results showed a shortfall, with expenditures of $5.0B exceeding revenues of $2.8B by $2.2B. The -75.9% margin indicates a significant revenue-expenditure gap. All metrics are calculated using General Fund data.