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Alexander County Board of Education
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Municipality & ACFR Details
Type
County-Dependent Local Education Agency (LEA)
State
North Carolina
County
—
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
The FY2024 financial statements for Alexander County Board of Education show a net position of $1.1M, with assets outpacing liabilities. The financial position includes $2.8M in total assets offset by $1.7M in liabilities, reflecting favorable financial conditions at a 1.64 ratio. Fiscal operations produced a negative result, with $8.3M in expenditures against $7.5M in revenues, creating a deficit of $809.4K. The -10.8% margin reflects substantial fiscal imbalance. All metrics are calculated using General Fund data.