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Board of Education of Gaston County Schools
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Municipality & ACFR Details
Type
County-Dependent Local Education Agency (LEA)
State
North Carolina
County
Gaston 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 Gaston County Schools show a net position of $6.5M, with assets outpacing liabilities. The financial position includes $15.8M in total assets offset by $9.3M in liabilities, reflecting favorable financial conditions at a 1.70 ratio. Fiscal operations produced a positive result, with $55.0M in revenues against $54.1M in expenditures, leaving a surplus of $931.9K. The modest 1.7% margin suggests limited fiscal flexibility. All metrics are calculated using General Fund data.