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City of Pelham Board of Education
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Municipality & ACFR Details
Type
Independent Local Education Agency (LEA)
State
Georgia
County
Mitchell County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
City of Pelham Board of Education closed FY2024 with a fund balance of $510.4M, indicating a solid financial foundation. With $723.0M in assets and $190.7M in liabilities, the municipality shows excellent fiscal standing and an assets-to-liabilities ratio of 3.79. Revenues totaling $2.0B surpassed expenditures of $2.0B, generating a $35.5M surplus. A 1.7% margin indicates tight alignment between revenues and costs. All metrics are calculated using General Fund data.