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Berks County Intermediate Unit
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Municipality & ACFR Details
Type
Independent Local Education Agency (LEA)
State
Pennsylvania
County
Berks County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
For FY2024, Berks County Intermediate Unit reported a net position of $10.7M, reflecting assets exceeding liabilities. The balance sheet reflects total assets of $26.0M against liabilities of $15.3M, representing a healthy financial position with an assets-to-liabilities ratio of 1.70. Operating results showed a shortfall, with expenditures of $90.2M exceeding revenues of $87.4M by $2.7M. The -3.1% margin warrants attention to revenue and spending trends. All metrics are calculated using General Fund data.