Accountability and Transparency in Government
Citizen's Guide to Finances: Financial Position
Financial Position
Expenditure to Revenue
Comparison
2012 - 2019
Governmental Funds
Fund Balance
2012 - 2019
Fund Balance
Components
2012 - 2019
| Financial Position | FY 2017-18 | FY 2018-19 | % Change |
|---|---|---|---|
Total governmental revenues |
$ 7,800,781 |
$ 7,975,327 |
2.2% |
Total governmental expenditures |
8,028,105 |
7,892,004 |
- 1.7% |
Surplus (shortfall) |
$ (227,324) |
$ 83,323 |
136.7% |
Restricted funds |
$ 530,156 |
$ 662,858 |
25.0% |
Assigned funds |
291,212 |
381,963 |
31.2% |
Unassigned funds |
1,063,989 |
923,963 |
- 13.2% |
Total Fund Balance |
$ 1,885,357 |
$ 1,968,784 |
4.4% |
Prepared by MGT of America Consulting, LLC
Great Lakes Region
2343 Delta Road
Bay City MI, 48706
