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Belen Consolidated School District
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Municipality & ACFR Details
Type
Independent Local Education Agency (LEA)
State
New Mexico
County
Valencia County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
In FY2024, Belen Consolidated School District maintained a positive net position of $15.0M, demonstrating financial stability. Total assets of $17.6M compared to liabilities of $2.5M indicate robust financial health, yielding a coverage ratio of 7.08. The government achieved an operating surplus of $1.5M, as revenues of $48.6M outpaced spending of $47.4M. At 3.1%, the margin reflects a balanced fiscal approach. All metrics are calculated using General Fund data.