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Bay City Independent School District
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Municipality & ACFR Details
Type
Independent Local Education Agency (LEA)
State
Texas
County
—
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
In FY2024, Bay City Independent School District maintained a positive net position of $11.2M, demonstrating financial stability. Total assets of $14.8M compared to liabilities of $3.4M indicate robust financial health, yielding a coverage ratio of 4.41. The government recorded an operating deficit of $4.3M, as spending of $41.5M outpaced revenues of $36.4M. At -11.8%, the operating margin requires corrective fiscal action. All metrics are calculated using General Fund data.