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Bloom Vernon Local School District
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Municipality & ACFR Details
Type
Independent Local Education Agency (LEA)
State
Ohio
County
—
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
Bloom Vernon Local School District closed FY2024 with a net position of $9.1M, indicating a solid financial foundation. With $10.6M in assets and $1.5M in liabilities, the municipality shows excellent fiscal standing and an assets-to-liabilities ratio of 7.23. Expenditures of $12.8M exceeded revenues of $12.2M, resulting in a $668.7K deficit. A -5.5% margin points to structural budget challenges. All metrics are calculated using General Fund data.