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Union City Area School District
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Municipality & ACFR Details
Type
Independent Local Education Agency (LEA)
State
Pennsylvania
County
Erie County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
In FY2024, Union City Area School District maintained a positive net position of $6.9M, demonstrating financial stability. Total assets of $9.8M compared to liabilities of $2.6M indicate robust financial health, yielding a coverage ratio of 3.73. The government achieved an operating surplus of $2.1M, as revenues of $23.2M outpaced spending of $19.8M. At 9.0%, the operating margin shows steady financial management. All metrics are calculated using General Fund data.