Performance Dashboard: Fiscal Stability

Fund Balances

Long-Term Obligations

Pension Plan Funding

Other Fiscal Statistics

Click here to see 5 year trend graphs

Fiscal Stability Indicator 2014 2015 % Change Trend
General Fund expenditures
$ 4,954,465
$ 5,024,982
1.4%
General Fund revenues
$ 4,993,059
$ 5,268,300
5.5%
General Fund balance
$ 429,556
$ 672,874
56.6%
General Fund balance as % of expenditures
8.7%
13.4%
54.0%
General Fund expenditures, per capita
$ 381.44
$ 391.32
2.6%
General Fund revenues, per capita
$ 384.41
$ 410.27
6.7%
Expenditures - all governmental funds
$ 6,907,576
$ 7,520,297
8.9%
Revenues - all governmental funds
$ 6,613,470
$ 7,235,419
10.7%
Governmental funds balance
$ 2,118,651
$ 1,833,773
- 13.4%
Governmental expenditures, per capita
$ 531,80
$ 585.65
10.1%
Governmental revenues, per capita
$ 509.16
$ 563.46
10.7%
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 5 year trend graphs

Fiscal Stability Indicator 2014 2015 % Change Trend
Long-term governmental obligations:
  Notes payable
$ 0
$ 7,6128
n/a
  Vested sick leave
$ 1,985
$ 9,295
368.3%
Total long-term debt
$ 1,985
$ 85,423
4203.4%
Long-term governmental obligations,
  per capita
$ 0.15
$ 6.65
4333.3%
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 5 year trend graphs

Fiscal Stability Indicator 2014 2015 % Change Trend
Underfunded pension plan liability
$ 2,840,215
$ 3,224,306
13.5%
Pension plan funded ratio (Assets/Liabilities)
75.0%
73.0%
- 2.7%
Pension liability
as a percent of General Fund revenue
56.9%
61.2%
7.6%
Annual pension plan contribution
$ 305,065
$ 343,230
12.5%
Ratio of employees to retirees
1.11
1.07
- 3.6%
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 2014 2015 % Change Trend
Custodial deposit credit risk,
   % of bank balance exposed
85.8%
11.1%
- 87.1%
Investments, current value
$ 249,898
$ 250,494
0.2%
Investment rating
(S&P) A-1
(S&P) A-1
n/a
Custodial investment credit risk,
   % of investment exposed
100.0%
100.0%
0.00%
Taxable valuation of property
$ 652,466,811
$ 653,512,680
0.2%
Net governmental capital assets
  less depreciation
$ 2,519,672
$ 2,499,469
- 0.8%
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

MGT of America Consulting, LLC