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Devils Lake Public School District No. 1
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Municipality & ACFR Details
Type
Independent Local Education Agency (LEA)
State
North Dakota
County
Ramsey County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
In FY2024, Devils Lake Public School District No. 1 maintained a positive net position of $8.0M, demonstrating financial stability. Total assets of $13.1M compared to liabilities of $2.3M indicate robust financial health, yielding a coverage ratio of 5.59. The government achieved an operating surplus of $632.1K, as revenues of $26.2M outpaced spending of $25.6M. At 2.4%, the margin reflects a balanced fiscal approach. All metrics are calculated using General Fund data.