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Board of Education of Franklin County Schools
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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
For FY2024, Board of Education of Franklin County Schools reported a net position of $4.8M, reflecting assets exceeding liabilities. The balance sheet reflects total assets of $5.5M against liabilities of $693.1K, representing a strong financial position with an assets-to-liabilities ratio of 7.98. Operating results were favorable, with revenues of $25.9M exceeding expenditures of $25.4M by $493.2K. The 1.9% operating margin shows revenues aligned with expenditures. All metrics are calculated using General Fund data.