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Bakersfield City School District
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Municipality & ACFR Details
Type
Independent Local Education Agency (LEA)
State
California
County
Kern County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
The FY2024 financial statements for Bakersfield City School District show a net position of $339.1M, with assets outpacing liabilities. The financial position includes $413.0M in total assets offset by $73.9M in liabilities, reflecting a solid financial foundation at a 5.59 ratio. Fiscal operations produced a positive result, with $652.5M in revenues against $602.8M in expenditures, leaving a surplus of $49.6M. The 7.6% margin demonstrates balanced budget execution. All metrics are calculated using General Fund data.