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Apollo Ridge School District
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Municipality & ACFR Details
Type
Independent Local Education Agency (LEA)
State
Pennsylvania
County
Armstrong County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
For FY2024, Apollo Ridge School District reported a net position of $10.2M, reflecting assets exceeding liabilities. The balance sheet reflects total assets of $14.7M against liabilities of $3.6M, representing a strong financial position with an assets-to-liabilities ratio of 4.08. Operating results were favorable, with revenues of $28.2M exceeding expenditures of $26.3M by $171.1K. The 0.6% operating margin shows revenues aligned with expenditures. All metrics are calculated using General Fund data.