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Board of Education of Wicomico County, Maryland
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Municipality & ACFR Details
Type
County-Dependent Local Education Agency (LEA)
State
Maryland
County
Wicomico County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
Board of Education of Wicomico County closed FY2024 with a net position of $28.5M, indicating a solid financial foundation. With $49.9M in assets and $21.5M in liabilities, the municipality shows excellent fiscal standing and an assets-to-liabilities ratio of 2.33. Expenditures of $264.7M exceeded revenues of $253.3M, resulting in a $5.9M deficit. A -2.3% margin suggests reviewing budget alignment. All metrics are calculated using General Fund data.