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 |
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General Fund expenditures |
$ 5,534,604 |
$ 5,896,588 |
6.5% |
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General Fund revenues |
$ 5,523,885 |
$ 5,756,562 |
4.2% |
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General Fund fund balance |
$ 1,095,621 |
$ 955,596 |
- 12.8% |
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General Fund balance as % of expenditures |
19.8% |
16.2% |
- 18.1% |
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General Fund expenditures, per capita |
$ 435.02 |
$ 468.28 |
7.4% |
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General Fund revenues, per capita |
$ 435.02 |
$ 457.16 |
5.1% |
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Expenditures - all governmental funds |
$ 8,028,105 |
$ 7,892,004 |
- 1.7% |
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Revenues - all governmental funds |
$ 7,800,781 |
$ 7,975,327 |
2.2% |
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Governmental funds balance |
$ 1,885,357 |
$ 1,968,784 |
4.4% |
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Governmental expenditures, per capita |
$ 632.23 |
$ 626.75 |
- 0.9% |
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Governmental revenues, per capita |
$ 614.33 |
$ 633.36 |
3.1% |
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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: |
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Notes payable |
$ 969,426 |
$ 857,813 |
- 11.5% |
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Equipment finance |
83,129 |
65,594 |
- 21.1% |
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Interest |
185,335 |
147,857 |
- 20.2% |
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Vested sick leave |
$ 39,562 |
$ 90,407 |
128.5% |
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Total long-term debt |
$ 1,277,452 |
$ 1,161,671 |
- 9.1% |
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Long-term governmental obligations, per capita |
$ 100.60 |
$ 92.25 |
- 8.3% |
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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% |
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Pension plan percent funded |
67.9% |
65.0% |
- 4.3% |
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Pension liability as a percent of General Fund revenue |
79.4% |
86.8% |
9.3% |
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Annual pension plan contribution |
$ 375,737 |
$ 434,939 |
15.8% |
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Ratio of employees to retirees |
0.90 |
0.83 |
- 7.2% |
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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% |
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Investments, current value |
$ -0- |
$ -0- |
n/a |
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Taxable valuation of property |
$ 658,281,831 |
$ 669,398,075 |
1.7% |
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Net governmental capital assets less depreciation |
$ 2,120,393 |
$ 2,090,430 |
- 1.4% |
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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