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Akron School District No. R-1
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Municipality & ACFR Details
Type
Unknown
State
Colorado
County
Washington County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
For FY2024, Akron School District No. R-1 reported a net position of $2.3M, reflecting assets exceeding liabilities. The balance sheet reflects total assets of $3.0M against liabilities of $712.2K, representing a strong financial position with an assets-to-liabilities ratio of 4.22. Operating results were favorable, with revenues of $8.1M exceeding expenditures of $7.7M by $369.4K. The 4.6% operating margin shows revenues aligned with expenditures. All metrics are calculated using General Fund data.