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Aberdeen School District No. 58
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Municipality & ACFR Details
Type
Independent Local Education Agency (LEA)
State
Idaho
County
—
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
For FY2024, Aberdeen School District No. 58 reported a net position of $1.7M, reflecting assets exceeding liabilities. The balance sheet reflects total assets of $2.6M against liabilities of $844.1K, representing a strong financial position with an assets-to-liabilities ratio of 3.10. Operating results showed a shortfall, with expenditures of $7.6M exceeding revenues of $7.6M by $163.3K. The -2.2% margin warrants attention to revenue and spending trends. All metrics are calculated using General Fund data.