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Belmont-redwood Shores School District
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Municipality & ACFR Details
Type
Independent Local Education Agency (LEA)
State
California
County
San Mateo County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
For FY2024, Belmont-redwood Shores School District reported a net position of $34.0M, reflecting assets exceeding liabilities. The balance sheet reflects total assets of $36.2M against liabilities of $2.2M, representing a strong financial position with an assets-to-liabilities ratio of 16.55. Operating results were favorable, with revenues of $65.7M exceeding expenditures of $63.8M by $1.9M. The 3.0% operating margin shows revenues aligned with expenditures. All metrics are calculated using General Fund data.