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Franklin School District
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Municipality & ACFR Details
Type
Unknown
State
New Hampshire
County
Merrimack County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
The FY2024 financial statements for Franklin School District show a net position of $1.0M, with assets outpacing liabilities. The financial position includes $5.4M in total assets offset by $4.2M in liabilities, reflecting steady financial conditions at a 1.30 ratio. Fiscal operations produced a negative result, with $16.6M in expenditures against $16.1M in revenues, creating a deficit of $419.5K. The -2.6% margin indicates some pressure on fiscal balance. All metrics are calculated using General Fund data.