Report shows financial gains for Atlanta schools
Atlanta Public Schools' revenue declined last year, but not as much as the school system cut spending, according to its Comprehensive Annual Financial Report for 2013.
The result is an increase of about $31 million in the school system’s net position, an indicator of financial improvement based on the difference between assets and liabilities.
The report said APS’ total revenue in the 2013 fiscal year amounted to $768.5 million, and its total expenses were $737.5 million.
About the Author
Mark Niesse is an enterprise reporter and covers elections and Georgia government for The Atlanta Journal-Constitution and is considered an expert on elections and voting. Before joining the AJC, he worked for The Associated Press in Atlanta, Honolulu and Montgomery, Alabama. He also reported for The Daily Report and The Santiago Times in Chile.
