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Lake Oswego School District No. 7j
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Municipality & ACFR Details
Type
Independent Local Education Agency (LEA)
State
Oregon
County
Clackamas County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
The FY2024 financial statements for Lake Oswego School District No. 7j show a net position of $13.1M, with assets outpacing liabilities. The financial position includes $35.7M in total assets offset by $20.3M in liabilities, reflecting favorable financial conditions at a 1.76 ratio. Fiscal operations produced a negative result, with $111.0M in expenditures against $107.2M in revenues, creating a deficit of $3.8M. The -3.5% margin indicates some pressure on fiscal balance. All metrics are calculated using General Fund data.