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Carter County Board of Education
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Municipality & ACFR Details
Type
Independent Local Education Agency (LEA)
State
Kentucky
County
—
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
For FY2024, Carter County Board of Education reported a net position of $5.9M, reflecting assets exceeding liabilities. The balance sheet reflects total assets of $6.4M against liabilities of $416.0K, representing a strong financial position with an assets-to-liabilities ratio of 15.27. Operating results showed a shortfall, with expenditures of $38.9M exceeding revenues of $38.0M by $876.8K. The -2.3% margin warrants attention to revenue and spending trends. All metrics are calculated using General Fund data.