Citizen's Guide to Finances: Overview

Debt and Long Term

Obligations

Long Term Obligations

Total

2010-2018

Long Term Obligations

Due Within One Year

2010-2018

Long Term Obligations

Per Capita

2010-2018

Long Term
Governmental Obligations
FY 16-17 FY 17-18 % Change Trend
Notes payable
$ 1,113,784
$ 969,426
- 13.0%
Sick leave
8,109
39,562
387.9%
Total long-term debt obligations
$ 1,121,893
$ 1,008,988
- 10.1%
Total long-term debt, per capita
$ 87.71
$ 78.88
- 10.1%
Long-term debt, due within one year
Notes payable
$ 144,348
$ 145,122
0.5%
Per capita
$ 11.29
$ 11.35
0.5%

Prepared by MGT of America Consulting, LLC

Great Lakes Region

2343 Delta Road

Bay City MI, 48706