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Anne Arundel County Board of Education
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Municipality & ACFR Details
Type
County-Dependent Local Education Agency (LEA)
State
Maryland
County
Anne Arundel County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
For FY2024, Anne Arundel County Board of Education reported a net position of $94.7M, reflecting assets exceeding liabilities. The balance sheet reflects total assets of $232.0M against liabilities of $137.3M, representing a healthy financial position with an assets-to-liabilities ratio of 1.69. Operating results showed a shortfall, with expenditures of $1.7B exceeding revenues of $1.6B by $2.0M. The -0.1% margin warrants attention to revenue and spending trends. All metrics are calculated using General Fund data.