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Board of Education of Carroll County, Maryland
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Municipality & ACFR Details
Type
County-Dependent Local Education Agency (LEA)
State
Maryland
County
Carroll County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
The FY2024 financial statements for Board of Education of Carroll County show a net position of $33.4M, with assets outpacing liabilities. The financial position includes $92.5M in total assets offset by $59.1M in liabilities, reflecting favorable financial conditions at a 1.56 ratio. Fiscal operations produced a positive result, with $465.2M in revenues against $457.6M in expenditures, leaving a surplus of $7.6M. The modest 1.6% margin suggests limited fiscal flexibility. All metrics are calculated using General Fund data.