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 16-17 | FY 17-18 | % Change | Trend |
|---|---|---|---|---|
General Fund expenditures |
$ 5,416,529 |
$ 5,534,604 |
2.2% |
 |
General Fund revenues |
$ 5,642,669 |
$ 5,523,885 |
- 2.1% |
 |
General Fund fund balance |
$ 1,106,340 |
$ 1,095,621 |
- 1.0% |
|
General Fund balance as % of expenditures |
20.4% |
19.8% |
- 2.9% |
|
General Fund expenditures, per capita |
$ 423.46 |
$ 432.70 |
2.2% |
|
General Fund revenues, per capita |
$ 441.14 |
$ 431.86 |
- 2.1% |
|
Expenditures - all governmental funds |
$ 8,430,461 |
$ 8,028,105 |
- 4.8% |
|
Revenues - all governmental funds |
$ 8,699,494 |
$ 7,800,781 |
- 10.3% |
|
Governmental funds balance |
$ 2,118,681 |
$ 1,885,357 |
- 10.8% |
|
Governmental expenditures, per capita |
$ 659.09 |
$ 627.64 |
- 4.8% |
|
Governmental revenues, per capita |
$ 680.13 |
$ 609.86 |
- 10.3% |
|
*FY16-17 and FY17-18 Per Capita calculations based on July 1, 2017 population.
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 16-17 | FY 17-18 | % Change | Trend |
|---|---|---|---|---|
Long-term governmental obligations: |
||||
Notes payable |
$ 1,113,784 |
$ 969,426 |
- 13.0% |
 |
Vested sick leave |
$ 8,109 |
$ 39,562 |
387.9% |
 |
Total long-term debt |
$ 1,121,893 |
$ 1,008,988 |
- 10.1% |
|
Long-term governmental obligations, per capita |
$ 87.71 |
$ 78.88 |
- 10.1% |
 |
*FY16-17 and FY17-18 Per Capita calculations based on July 1, 2017 population.
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 16-17 | FY 17-18 | % Change | Trend |
|---|---|---|---|---|
Overfunded (Underfunded) pension plan liability |
$ (4,234,784) |
$ (4,386,417) |
3.6% |
|
Pension plan funded ratio (Assets/Liabilities) |
68.2% |
67.9% |
- 0.4% |
 |
Pension liability as a percent of General Fund revenue |
75.0% |
79.4% |
5.9% |
|
Annual pension plan contribution |
$ 367,623 |
$ 375,737 |
2.2% |
 |
Ratio of employees to retirees |
0.95 |
0.90 |
- 5.3% |
|
*FY16-17 and FY17-18 Per Capita calculations based on July 1, 2017 population.
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 16-17 | FY 17-18 | % Change | Trend | Custodial deposit credit risk, % of bank balance exposed |
91.4% |
90.7% |
- 0.7% |
|
|---|---|---|---|---|
Investments, current value |
$ -0- |
$ -0- |
n/a |
 |
Taxable valuation of property |
$ 646,653,803 |
$ 658,281,831 |
1.8% |
|
Net governmental capital assets less depreciation |
$ 2,224,751 |
$ 2,120,393 |
- 4.7% |
|
*FY16-17 and FY17-18 Per Capita calculations based on July 1, 2017 population.
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
