Type
Independent Local Education Agency (LEA)
State
Texas
County
—
FY Period
FY 2024

Score not available
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Log inIn FY2024, Banquete Independent School District maintained a positive net position of $2.5M, demonstrating financial stability. Total assets of $3.9M compared to liabilities of $672.2K indicate robust financial health, yielding a coverage ratio of 5.86. The government achieved an operating surplus of $47.9M, as revenues of $16.6M outpaced spending of $16.9M. At 289.1%, the operating margin indicates robust revenue performance. All metrics are calculated using Total Governmental Funds data.