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City of Buford Board of Education
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Municipality & ACFR Details
Type
Independent Local Education Agency (LEA)
State
Georgia
County
Gwinnett County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
In FY2024, City of Buford Board of Education maintained a positive net position of $12.8M, demonstrating financial stability. Total assets of $28.8M compared to liabilities of $14.5M indicate sound financial standing, yielding a coverage ratio of 1.98. The government achieved an operating surplus of $3.6M, as revenues of $96.7M outpaced spending of $93.2M. At 3.7%, the margin reflects a balanced fiscal approach. All metrics are calculated using General Fund data.