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Cass City Public Schools
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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
In FY2024, Cass City Public Schools maintained a positive net position of $4.8M, demonstrating financial stability. Total assets of $6.8M compared to liabilities of $2.0M indicate robust financial health, yielding a coverage ratio of 3.35. The government achieved an operating surplus of $726.9K, as revenues of $15.1M outpaced spending of $14.5M. At 4.8%, the margin reflects a balanced fiscal approach. All metrics are calculated using General Fund data.