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Bamberg County School District
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Municipality & ACFR Details
Type
Unknown
State
South Carolina
County
—
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
For FY2024, Bamberg County School District reported a net position of $8.2M, reflecting assets exceeding liabilities. The balance sheet reflects total assets of $15.1M against liabilities of $5.8M, representing a strong financial position with an assets-to-liabilities ratio of 2.59. Operating results showed a shortfall, with expenditures of $24.3M exceeding revenues of $21.2M by $722.5K. The -3.4% margin warrants attention to revenue and spending trends. All metrics are calculated using General Fund data.