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Auburn City Board of Education
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Municipality & ACFR Details
Type
Independent Local Education Agency (LEA)
State
Alabama
County
Lee County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
The FY2024 financial statements for Auburn City Board of Education show a net position of $37.7M, with assets outpacing liabilities. The financial position includes $49.7M in total assets offset by $12.1M in liabilities, reflecting a solid financial foundation at a 4.12 ratio. Fiscal operations produced a positive result, with $135.0M in revenues against $109.2M in expenditures, leaving a surplus of $8.6M. The 6.4% margin demonstrates balanced budget execution. All metrics are calculated using General Fund data.