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Athens City Board of Education
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Municipality & ACFR Details
Type
Independent Local Education Agency (LEA)
State
Alabama
County
Limestone County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
In FY2024, Athens City Board of Education maintained a positive net position of $36.6M, demonstrating financial stability. Total assets of $41.0M compared to liabilities of $4.4M indicate robust financial health, yielding a coverage ratio of 9.27. The government achieved an operating surplus of $7.5M, as revenues of $70.4M outpaced spending of $54.2M. At 10.7%, the operating margin indicates robust revenue performance. All metrics are calculated using General Fund data.