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Alleghany County Board of Education
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Municipality & ACFR Details
Type
County-Dependent Local Education Agency (LEA)
State
North Carolina
County
Alleghany County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
For FY2024, Alleghany County Board of Education reported a negative net position of -$1.5M, indicating liabilities exceeded assets. The balance sheet reflects total assets of $3.9M against liabilities of $1.5M, representing a strong financial position with an assets-to-liabilities ratio of 2.56. Operating results were favorable, with revenues of $2.9M exceeding expenditures of $2.6M by $268.9K. The 9.3% operating margin reflects sound fiscal practices. All metrics are calculated using General Fund data.