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City of Chickasaw Board of Education
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Municipality & ACFR Details
Type
Unknown
State
Alabama
County
Mobile County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
In FY2024, City of Chickasaw Board of Education maintained a positive net position of $7.8M, demonstrating financial stability. Total assets of $8.5M compared to liabilities of $661.7K indicate robust financial health, yielding a coverage ratio of 12.79. The government achieved an operating surplus of $2.6M, as revenues of $27.2M outpaced spending of $24.3M. At 9.5%, the operating margin shows steady financial management. All metrics are calculated using General Fund data.