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Adel-desoto-minburn Community School District
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Municipality & ACFR Details
Type
Independent Local Education Agency (LEA)
State
Iowa
County
Dallas County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
For FY2024, Adel-desoto-minburn Community School District reported a net position of $13.7M, reflecting assets exceeding liabilities. The balance sheet reflects total assets of $16.4M against liabilities of $2.7M, representing a strong financial position with an assets-to-liabilities ratio of 5.99. Operating results showed a shortfall, with expenditures of $27.1M exceeding revenues of $26.9M by $174.2K. The -0.6% margin warrants attention to revenue and spending trends. All metrics are calculated using General Fund data.