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Board of Education of the City of Marietta
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Municipality & ACFR Details
Type
Independent Local Education Agency (LEA)
State
Georgia
County
Cobb County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
For FY2024, Board of Education of the City of Marietta reported a net position of $30.9M, reflecting assets exceeding liabilities. The balance sheet reflects total assets of $41.7M against liabilities of $10.4M, representing a strong financial position with an assets-to-liabilities ratio of 4.02. Operating results were favorable, with revenues of $151.2M exceeding expenditures of $150.1M by $311.4K. The 0.2% operating margin shows revenues aligned with expenditures. All metrics are calculated using General Fund data.