Type
Independent Local Education Agency (LEA)
State
Arizona
County
Maricopa County
FY Period
FY 2024

Score not available
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Log inThe FY2024 financial statements for Balsz Elementary School District No. 31 show a net position of $9.2M, with assets outpacing liabilities. The financial position includes $14.7M in total assets offset by $809.9K in liabilities, reflecting a solid financial foundation at a 18.18 ratio. Fiscal operations produced a negative result, with $24.1M in expenditures against $22.7M in revenues, creating a deficit of $594.6K. The -2.6% margin indicates some pressure on fiscal balance. All metrics are calculated using General Fund data.