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Mount Ayr Community School District
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Municipality & ACFR Details
Type
Independent Local Education Agency (LEA)
State
Iowa
County
Ringgold County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
Mount Ayr Community School District closed FY2024 with a net position of $5.5M, indicating a solid financial foundation. With $6.9M in assets and $1.4M in liabilities, the municipality shows excellent fiscal standing and an assets-to-liabilities ratio of 4.98. Expenditures of $9.4M exceeded revenues of $8.8M, resulting in a $532.7K deficit. A -6.0% margin points to structural budget challenges. All metrics are calculated using General Fund data.