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Ardmore School District I-19
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Municipality & ACFR Details
Type
Independent Local Education Agency (LEA)
State
Oklahoma
County
Carter County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
For FY2024, Ardmore School District I-19 reported a net position of $5.4M, reflecting assets exceeding liabilities. The balance sheet reflects total assets of $7.2M against liabilities of $1.7M, representing a strong financial position with an assets-to-liabilities ratio of 4.09. Operating results showed a shortfall, with expenditures of $29.3M exceeding revenues of $28.7M by $1.2M. The -4.3% margin warrants attention to revenue and spending trends. All metrics are calculated using General Fund data.