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Transylvania County Board of Education
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Municipality & ACFR Details
Type
County-Dependent Local Education Agency (LEA)
State
North Carolina
County
Transylvania County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
The FY2024 financial statements for Transylvania County Board of Education show a net position of $3.4M, with assets outpacing liabilities. The financial position includes $3.6M in total assets offset by $218.7K in liabilities, reflecting a solid financial foundation at a 16.49 ratio. Fiscal operations produced a positive result, with $13.4M in revenues against $12.6M in expenditures, leaving a surplus of $832.5K. The 6.2% margin demonstrates balanced budget execution. All metrics are calculated using General Fund data.