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Bay City Public Schools
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Municipality & ACFR Details
Type
Independent Local Education Agency (LEA)
State
Michigan
County
Bay County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
The FY2024 financial statements for Bay City Public Schools show a net position of $14.5M, with assets outpacing liabilities. The financial position includes $26.6M in total assets offset by $12.1M in liabilities, reflecting a solid financial foundation at a 2.19 ratio. Fiscal operations produced a positive result, with $100.3M in revenues against $99.4M in expenditures, leaving a surplus of $870.4K. The modest 0.9% margin suggests limited fiscal flexibility. All metrics are calculated using General Fund data.