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Lyme-old Lyme Regional School District No. 18
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Municipality & ACFR Details
Type
Independent Local Education Agency (LEA)
State
Connecticut
County
Lower Connecticut River Valley Planning Region
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
In FY2024, Lyme-old Lyme Regional School District No. 18 maintained a positive net position of $1.5M, demonstrating financial stability. Total assets of $11.8M compared to liabilities of $10.3M indicate balanced fiscal standing, yielding a coverage ratio of 1.14. The government achieved an operating surplus of $7.0M, as revenues of $41.4M outpaced spending of $41.8M. At 16.8%, the operating margin indicates robust revenue performance. All metrics are calculated using Total Governmental Funds data.