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Amity Regional School District No. 5
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Municipality & ACFR Details
Type
Independent Local Education Agency (LEA)
State
Connecticut
County
South Central Connecticut Planning Region
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
The FY2024 financial statements for Amity Regional School District No. 5 show a net position of $2.7M, with assets outpacing liabilities. The financial position includes $3.6M in total assets offset by $921.9K in liabilities, reflecting a solid financial foundation at a 3.93 ratio. Fiscal operations produced a negative result, with $60.2M in expenditures against $60.6M in revenues, creating a deficit of $238.6K. The -0.4% margin indicates some pressure on fiscal balance. All metrics are calculated using General Fund data.