Accountability and Transparency in Government
Citizen's Guide to Finances: Financial Position
Financial Position
Expenditure to Revenue
Comparison
2010 - 2018
Fund Balance
2010 - 2018
Fund Balance
Components
2010 - 2015
| Financial Position | FY 2016-17 | FY 2017-18 | % Change |
|---|---|---|---|
Total governmental revenues |
$ 8,699,494 |
$ 7,800,781 |
- 10.3% |
Total governmental expenditures |
8,430,461 |
8,028,105 |
- 4.8% |
Surplus (shortfall) |
$ 269,033 |
$ (227,324) |
- 184.5% |
Restricted funds |
$ 561,029 |
$ 530,156 |
- 5.5% |
Assigned funds |
494,202 |
291,212 |
- 41.1% |
Unassigned funds |
1,057,450 |
1,063,989 |
0.6% |
Total Fund Balance |
$ 2,112,681 |
$ 1,885,357 |
- 10.8% |
Prepared by MGT of America Consulting, LLC
Great Lakes Region
2343 Delta Road
Bay City MI, 48706
