Accountability and Transparency in Government
Citizen's Guide to Finances: Financial Position
Financial Position
Expenditure to Revenue
Comparison
2010 - 2015
Fund Balance
2010 - 2015
Fund Balance
Components
2010 - 2015
| Financial Position | 2014 | 2015 | % Change |
|---|---|---|---|
Total governmental revenues |
$ 6,613,470 |
$ 7,235,419 |
9.4% |
Total governmental expenditures |
6,907,576 |
7,520,297 |
8.9% |
Surplus (shortfall) |
$ (294,106) |
$ (284,878) |
- 3.1% |
Restricted funds |
$ 590,399 |
$ 218,936 |
- 62.9% |
Assigned funds |
1,155,242 |
1,005,753 |
- 12.9% |
Unassigned funds |
373,010 |
609,084 |
63.3% |
Total Fund Balance |
$ 2,118,651 |
$ 1,833,773 |
- 13.4% |
Prepared by MGT of America Consulting, LLC
Great Lakes Region
2343 Delta Road
Bay City MI, 48706
