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School District of New Glarus
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Municipality & ACFR Details
Type
Independent Local Education Agency (LEA)
State
Wisconsin
County
—
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
The FY2024 financial statements for School District of New Glarus show a net position of $5.5M, with assets outpacing liabilities. The financial position includes $11.0M in total assets offset by $5.5M in liabilities, reflecting favorable financial conditions at a 1.99 ratio. Fiscal operations produced a positive result, with $16.7M in revenues against $13.9M in expenditures, leaving a surplus of $2.9M. The healthy 17.1% margin signals disciplined fiscal operations. All metrics are calculated using General Fund data.