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Breckenridge Community 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
For FY2024, Breckenridge Community School District reported a net position of $1.6M, reflecting assets exceeding liabilities. The balance sheet reflects total assets of $4.5M against liabilities of $2.9M, representing a healthy financial position with an assets-to-liabilities ratio of 1.56. Operating results were favorable, with revenues of $9.9M exceeding expenditures of $9.7M by $183.5K. The 1.9% operating margin shows revenues aligned with expenditures. All metrics are calculated using General Fund data.