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Citrus County District School Board
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Municipality & ACFR Details
Type
Independent Local Education Agency (LEA)
State
Florida
County
Citrus County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
Citrus County District School Board closed FY2024 with a net position of $1.5B, indicating a solid financial foundation. With $2.0B in assets and $516.3M in liabilities, the municipality shows excellent fiscal standing and an assets-to-liabilities ratio of 3.85. Expenditures of $15.9B exceeded revenues of $6.7B, resulting in a $7.8B deficit. A -116.5% margin points to structural budget challenges. All metrics are calculated using General Fund data.