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Branch Intermediate School District
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Municipality & ACFR Details
Type
Independent Local Education Agency (LEA)
State
Michigan
County
—
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
The FY2024 financial statements for Branch Intermediate School District show a net position of $2.7M, with assets outpacing liabilities. The financial position includes $6.1M in total assets offset by $3.5M in liabilities, reflecting favorable financial conditions at a 1.77 ratio. Fiscal operations produced a positive result, with $8.3M in revenues against $7.8M in expenditures, leaving a surplus of $459.0K. The 5.6% margin demonstrates balanced budget execution. All metrics are calculated using General Fund data.