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Chisago Lakes School District
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Municipality & ACFR Details
Type
Unknown
State
Minnesota
County
Chisago County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
For FY2024, Chisago Lakes School District reported a net position of $9.0M, reflecting assets exceeding liabilities. The balance sheet reflects total assets of $19.2M against liabilities of $4.8M, representing a strong financial position with an assets-to-liabilities ratio of 3.97. Operating results were favorable, with revenues of $46.8M exceeding expenditures of $45.5M by $1.3M. The 2.8% operating margin shows revenues aligned with expenditures. All metrics are calculated using General Fund data.