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Cherry Creek School District No 5
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Municipality & ACFR Details
Type
Independent Local Education Agency (LEA)
State
Colorado
County
—
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
The FY2024 financial statements for Cherry Creek School District No 5 show a net position of $97.0M, with assets outpacing liabilities. The financial position includes $144.6M in total assets offset by $47.6M in liabilities, reflecting a solid financial foundation at a 3.04 ratio. Fiscal operations produced a negative result, with $743.3M in expenditures against $755.8M in revenues, creating a deficit of $5.5M. The -0.7% margin indicates some pressure on fiscal balance. All metrics are calculated using General Fund data.