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Ravenswood City School District
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Municipality & ACFR Details
Type
Independent Local Education Agency (LEA)
State
California
County
San Mateo County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
The FY2024 financial statements for Ravenswood City School District show a net position of $43.9M, with assets outpacing liabilities. The financial position includes $60.4M in total assets offset by $8.8M in liabilities, reflecting a solid financial foundation at a 6.87 ratio. Fiscal operations produced a positive result, with $59.8M in revenues against $54.9M in expenditures, leaving a surplus of $9.0M. The healthy 15.1% margin signals disciplined fiscal operations. All metrics are calculated using General Fund data.