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Avondale Elementary School District No. 44
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Municipality & ACFR Details
Type
Independent Local Education Agency (LEA)
State
Arizona
County
Maricopa County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
In FY2024, Avondale Elementary School District No. 44 maintained a positive net position of $20.7M, demonstrating financial stability. Total assets of $24.2M compared to liabilities of $2.0M indicate robust financial health, yielding a coverage ratio of 12.41. The government achieved an operating surplus of $2.8M, as revenues of $55.3M outpaced spending of $52.8M. At 5.0%, the operating margin shows steady financial management. All metrics are calculated using General Fund data.