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Franklin County School District
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Municipality & ACFR Details
Type
Independent Local Education Agency (LEA)
State
Kentucky
County
Franklin County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
In FY2024, Franklin County School District maintained a positive net position of $12.5M, demonstrating financial stability. Total assets of $13.3M compared to liabilities of $785.0K indicate robust financial health, yielding a coverage ratio of 16.92. The government recorded an operating deficit of $1.5M, as spending of $74.6M outpaced revenues of $74.0M. At -2.0%, the operating margin signals a need for fiscal monitoring. All metrics are calculated using General Fund data.