Accountability and Transparency in Government
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% |
|
Favorable, Positive Change
Unfavorable, Negative Change
Favorable, Negative Change
Unfavorable, Positive Change
Neutral (+/- <1%) Change
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% |
 |
Favorable, Positive Change
Unfavorable, Negative Change
Favorable, Negative Change
Unfavorable, Positive Change
Neutral (+/- <1%) Change
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% |
|
Favorable, Positive Change
Unfavorable, Negative Change
Favorable, Negative Change
Unfavorable, Positive Change
Neutral (+/- <1%) Change
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% |
|
Favorable, Positive Change
Unfavorable, Negative Change
Favorable, Negative Change
Unfavorable, Positive Change
Neutral (+/- <1%) Change
Neutral, Positive Change
Neutral, Negative Change
Prepared by MGT of America Consulting, LLC
Great Lakes Region
2343 Delta Road
Bay City MI, 48706
