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Carlsbad Municipal School District
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Municipality & ACFR Details
Type
Independent Local Education Agency (LEA)
State
New Mexico
County
Eddy County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
For FY2024, Carlsbad Municipal School District reported a net position of $16.2M, reflecting assets exceeding liabilities. The balance sheet reflects total assets of $20.4M against liabilities of $4.1M, representing a strong financial position with an assets-to-liabilities ratio of 5.01. Operating results showed a shortfall, with expenditures of $40.3M exceeding revenues of $28.7M by $11.8M. The -41.2% margin indicates a significant revenue-expenditure gap. All metrics are calculated using General Fund data.