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Addison Central School District
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Municipality & ACFR Details
Type
Unknown
State
Vermont
County
Addison County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
In FY2024, Addison Central School District maintained a positive net position of $3.3M, demonstrating financial stability. Total assets of $8.5M compared to liabilities of $5.2M indicate sound financial standing, yielding a coverage ratio of 1.63. The government recorded an operating deficit of $338.7K, as spending of $45.4M outpaced revenues of $47.0M. At -0.7%, the operating margin signals a need for fiscal monitoring. All metrics are calculated using General Fund data.