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New Kensington-arnold School District
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Municipality & ACFR Details
Type
Independent Local Education Agency (LEA)
State
Pennsylvania
County
Westmoreland County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
In FY2024, New Kensington-arnold School District maintained a positive net position of $8.0M, demonstrating financial stability. Total assets of $14.9M compared to liabilities of $6.8M indicate robust financial health, yielding a coverage ratio of 2.18. The government achieved an operating surplus of $10.4M, as revenues of $52.3M outpaced spending of $41.9M. At 19.9%, the operating margin indicates robust revenue performance. All metrics are calculated using General Fund data.