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Borough of North Plainfield School District
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Municipality & ACFR Details
Type
Independent Local Education Agency (LEA)
State
New Jersey
County
—
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
For FY2024, Borough of North Plainfield School District reported a net position of $20.0M, reflecting assets exceeding liabilities. The balance sheet reflects total assets of $21.0M against liabilities of $966.5K, representing a strong financial position with an assets-to-liabilities ratio of 21.71. Operating results were favorable, with revenues of $109.2M exceeding expenditures of $98.7M by $6.4M. The 5.9% operating margin reflects sound fiscal practices. All metrics are calculated using General Fund data.