Performance Dashboard: Fiscal Stability

Fund Balances

Long-Term Obligations

Pension Plan Funding

Other Fiscal Statistics

Click here to see multi-year trend graphs

Fiscal Stability Indicator FY 17-18 FY 18-19 % Change Trend
General Fund expenditures
$ 5,534,604
$ 5,896,588
6.5%
General Fund revenues
$ 5,523,885
$ 5,756,562
4.2%
General Fund fund balance
$ 1,095,621
$ 955,596
- 12.8%
General Fund balance as % of expenditures
19.8%
16.2%
- 18.1%
General Fund expenditures, per capita
$ 435.02
$ 468.28
7.4%
General Fund revenues, per capita
$ 435.02
$ 457.16
5.1%
Expenditures - all governmental funds
$ 8,028,105
$ 7,892,004
- 1.7%
Revenues - all governmental funds
$ 7,800,781
$ 7,975,327
2.2%
Governmental funds balance
$ 1,885,357
$ 1,968,784
4.4%
Governmental expenditures, per capita
$ 632.23
$ 626.75
- 0.9%
Governmental revenues, per capita
$ 614.33
$ 633.36
3.1%

 

The value has increased; a favorable trend
The value has decreased; unfavorable trend.

Favorable, Positive Change

Unfavorable, Negative Change

The value has decreased; a favorable trend.

Favorable, Negative Change

The value has increased; unfavorable trend.

Unfavorable, Positive Change

The value has changed less than + or - 1%; a neutral trend

Neutral (+/- <1%) Change

The value has increased; the trend is neutral.
The value has decreased; the consequence is neutral.

Neutral, Positive Change

Neutral, Negative Change

Click here to see multi-year trend graphs

Fiscal Stability Indicator FY 17-18 FY 18-19 % Change Trend
Long-term governmental obligations:
  Notes payable
$ 969,426
$ 857,813
- 11.5%
  Equipment finance
83,129
65,594
- 21.1%
  Interest
185,335
147,857
- 20.2%
  Vested sick leave
$ 39,562
$ 90,407
128.5%
Total long-term debt
$ 1,277,452
$ 1,161,671
- 9.1%
Long-term governmental obligations,
  per capita
$ 100.60
$ 92.25
- 8.3%

 

The value has increased; a favorable trend
The value has decreased; unfavorable trend.

Favorable, Positive Change

Unfavorable, Negative Change

The value has decreased; a favorable trend.

Favorable, Negative Change

The value has increased; unfavorable trend.

Unfavorable, Positive Change

The value has changed less than + or - 1%; a neutral trend

Neutral (+/- <1%) Change

The value has increased; the trend is neutral.
The value has decreased; the consequence is neutral.

Neutral, Positive Change

Neutral, Negative Change

Click here to see multi-year trend graphs

Fiscal Stability Indicator FY 17-18 FY 18-19 % Change Trend
Overfunded (Underfunded)
   pension plan liability
$ (4,386,417)
$ (4,999,451)
14.0%
Pension plan percent funded
67.9%
65.0%
- 4.3%
Pension liability
   as a percent of General Fund revenue
79.4%
86.8%
9.3%
Annual pension plan contribution
$ 375,737
$ 434,939
15.8%
Ratio of employees to retirees
0.90
0.83
- 7.2%
The value has increased; a favorable trend
The value has decreased; unfavorable trend.

Favorable, Positive Change

Unfavorable, Negative Change

The value has decreased; a favorable trend.

Favorable, Negative Change

The value has increased; unfavorable trend.

Unfavorable, Positive Change

The value has changed less than + or - 1%; a neutral trend

Neutral (+/- <1%) Change

The value has increased; the trend is neutral.
The value has decreased; the consequence is neutral.

Neutral, Positive Change

Neutral, Negative Change

Fiscal Stability Indicator FY 17-18 FY 18-19 % Change Trend
Custodial deposit credit risk,
   % of bank balance exposed
90.7%
92.1%
1.5%
Investments, current value
$ -0-
$ -0-
n/a
Taxable valuation of property
$ 658,281,831
$ 669,398,075
1.7%
Net governmental capital assets
  less depreciation
$ 2,120,393
$ 2,090,430
- 1.4%
The value has increased; a favorable trend
The value has decreased; unfavorable trend.

Favorable, Positive Change

Unfavorable, Negative Change

The value has decreased; a favorable trend.

Favorable, Negative Change

The value has increased; unfavorable trend.

Unfavorable, Positive Change

The value has changed less than + or - 1%; a neutral trend

Neutral (+/- <1%) Change

The value has increased; the trend is neutral.
The value has decreased; the consequence is neutral.

Neutral, Positive Change

Neutral, Negative Change

Prepared by MGT of America Consulting, LLC

Great Lakes Region

2343 Delta Road

Bay City MI, 48706