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Cedar Mountain School District
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Municipality & ACFR Details
Type
Independent Local Education Agency (LEA)
State
Minnesota
County
Redwood County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
For FY2024, Cedar Mountain School District reported a net position of $3.6M, reflecting assets exceeding liabilities. The balance sheet reflects total assets of $5.3M against liabilities of $670.9K, representing a strong financial position with an assets-to-liabilities ratio of 7.84. Operating results were favorable, with revenues of $9.5M exceeding expenditures of $9.3M by $340.0K. The 3.6% operating margin shows revenues aligned with expenditures. All metrics are calculated using Total Governmental Funds data.