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 18-19 FY 19-20 % Change Trend
General Fund expenditures
$ 5,896,588
$ 5,886,699
- 0.2%
General Fund revenues
$ 5,756,562
$ 5,939,211
3.2%
General Fund fund balance
$ 955,596
$ 1,008,108
5.5%
General Fund balance as % of expenditures
16.2%
17.1%
5.7%
General Fund expenditures, per capita
$ 463.79
$ 453.45
- 2.2%
General Fund revenues, per capita
$ 452.77
$ 457.50
1.0%
Expenditures - all governmental funds
$ 7,892,004
$ 8,361,088
5.9%
Revenues - all governmental funds
$ 7,975,327
$ 8,311,629
4.2%
Governmental funds balance
$ 1,968,784
$ 1,919,328
- 2.5%
Governmental expenditures, per capita
$ 620.73
$ 644.05
3.8%
Governmental revenues, per capita
$ 627.29
$ 640.24
2.1%

 

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 18-19 FY 19-20 % Change Trend
Long-term governmental obligations:
  Notes payable
$ 857,813
$ 854,585
- 0.4%
  Equipment finance
65,594
- 0 -
- 100.0%
  Interest
147,857
111,489
- 24.6%
  Vested sick leave
$ 90,407
$ 94,971
5.0%
Total long-term debt
$ 1,161,671
$ 1,061,045
- 8.7%
Long-term governmental obligations,
  per capita
$ 91.37
$ 81.73
- 10.5%

 

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 18-19 FY 19-20 % Change Trend
Overfunded (Underfunded)
   pension plan liability
$ (4,999,451)
$ (5,765,861)
15.3%
Pension plan percent funded
65.0%
61.9%
- 4.8%
Pension liability
   as a percent of General Fund revenue
86.8%
97.1%
11.9%
Annual pension plan contribution
$ 434,939
$ 477,227
9.7%
Ratio of employees to retirees
0.83
0.90
7.8%
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

Fiscal Stability Indicator FY 18-19 FY 19-20 % Change Trend
Custodial deposit credit risk,
   % of bank balance exposed
92.1%
91.6%
- 0.5%
Investments, current value
$ -0-
$ -0-
n/a
Taxable valuation of property
$ 669,398,075
$ 683,931,328
2.2%
Net governmental capital assets
  less depreciation
$ 2,090,430
$ 2,146,781
2.7%
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

Prepared by MGT of America Consulting, LLC

Performance Solutions Group

2343 Delta Road

Bay City MI, 48706