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City of Decatur Board of Education
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Municipality & ACFR Details
Type
Independent Local Education Agency (LEA)
State
Georgia
County
—
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
The FY2024 financial statements for City of Decatur Board of Education show a net position of $20.3M, with assets outpacing liabilities. The financial position includes $59.2M in total assets offset by $12.9M in liabilities, reflecting a solid financial foundation at a 4.57 ratio. Fiscal operations produced a positive result, with $101.6M in revenues against $97.0M in expenditures, leaving a surplus of $4.9M. The modest 4.8% margin suggests limited fiscal flexibility. All metrics are calculated using General Fund data.