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Farmington School District 192
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Municipality & ACFR Details
Type
Independent Local Education Agency (LEA)
State
Minnesota
County
Dakota County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
The FY2024 financial statements for Farmington School District 192 show a net position of $41.7M, with assets outpacing liabilities. The financial position includes $50.6M in total assets offset by $8.9M in liabilities, reflecting a solid financial foundation at a 5.68 ratio. Fiscal operations produced a positive result, with $97.9M in revenues against $93.6M in expenditures, leaving a surplus of $4.3M. The modest 4.4% margin suggests limited fiscal flexibility. All metrics are calculated using General Fund data.