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Moore County Board of Education
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Municipality & ACFR Details
Type
Unknown
State
North Carolina
County
Moore County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
In FY2024, Moore County Board of Education maintained a positive net position of $3.7M, demonstrating financial stability. Total assets of $4.0M compared to liabilities of $291.3K indicate robust financial health, yielding a coverage ratio of 13.81. The government recorded an operating deficit of $1.8M, as spending of $64.4M outpaced revenues of $62.5M. At -3.0%, the operating margin signals a need for fiscal monitoring. All metrics are calculated using Total Governmental Funds data.