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Albany Unified School District
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Municipality & ACFR Details
Type
Independent Local Education Agency (LEA)
State
California
County
Alameda County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
In FY2024, Albany Unified School District maintained a positive net position of $11.8M, demonstrating financial stability. Total assets of $15.8M compared to liabilities of $4.1M indicate robust financial health, yielding a coverage ratio of 3.89. The government achieved an operating surplus of $155.7K, as revenues of $63.3M outpaced spending of $63.1M. At 0.2%, the margin reflects a balanced fiscal approach. All metrics are calculated using General Fund data.