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City of Orange Township Public Schools
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Municipality & ACFR Details
Type
Township-Dependent Local Education Agency (LEA
State
New Jersey
County
Essex County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
For FY2024, City of Orange Township Public Schools reported a fund balance of $8.0M, reflecting a healthy financial position. The balance sheet reflects total assets of $19.6M against liabilities of $11.6M, representing a healthy financial position with an assets-to-liabilities ratio of 1.69. Operating results showed a shortfall, with expenditures of $155.4M exceeding revenues of $15.5M by $138.5M. The -895.3% margin indicates a significant revenue-expenditure gap. All metrics are calculated using General Fund data.