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City of Social Circle Board of Education
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Municipality & ACFR Details
Type
Independent Local Education Agency (LEA)
State
Georgia
County
Walton County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
For FY2024, City of Social Circle Board of Education reported a fund balance of $1.7B, reflecting a healthy financial position. The balance sheet reflects total assets of $2.3B against liabilities of $587.5M, representing a strong financial position with an assets-to-liabilities ratio of 3.93. Operating results showed a shortfall, with expenditures of $3.0B exceeding revenues of $3.0B by $2.2M. The -0.1% margin warrants attention to revenue and spending trends. All metrics are calculated using General Fund data.