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Canton City 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
Canton City School District closed FY2024 with a net position of $5.0M, indicating a solid financial foundation. With $44.6M in assets and $6.9M in liabilities, the municipality shows excellent fiscal standing and an assets-to-liabilities ratio of 6.42. Expenditures of $47.4M exceeded revenues of $41.6M, resulting in a $5.8M deficit. A -13.8% margin points to structural budget challenges. All metrics are calculated using General Fund data.