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Lackawanna Trail School District
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Municipality & ACFR Details
Type
Independent Local Education Agency (LEA)
State
Pennsylvania
County
—
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
The FY2024 financial statements for Lackawanna Trail School District show a net position of $7.6M, with assets outpacing liabilities. The financial position includes $11.8M in total assets offset by $3.6M in liabilities, reflecting a solid financial foundation at a 3.32 ratio. Fiscal operations produced a negative result, with $29.4M in expenditures against $24.4M in revenues, creating a deficit of $4.9M. The -20.2% margin reflects substantial fiscal imbalance. All metrics are calculated using Total Governmental Funds data.