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.

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 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.

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 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.

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 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.

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