Accountability and Transparency in Government
Performance Dashboard: Fiscal Stability
Fund Balances
Long-Term Obligations
Pension Plan Funding
Other Fiscal Statistics
Click here to see 5 year trend graphs
| Fiscal Stability Indicator | 2014 | 2015 | % Change | Trend |
|---|---|---|---|---|
General Fund expenditures |
$ 4,954,465 |
$ 5,024,982 |
1.4% |
 |
General Fund revenues |
$ 4,993,059 |
$ 5,268,300 |
5.5% |
|
General Fund balance |
$ 429,556 |
$ 672,874 |
56.6% |
|
General Fund balance as % of expenditures |
8.7% |
13.4% |
54.0% |
 |
General Fund expenditures, per capita |
$ 381.44 |
$ 391.32 |
2.6% |
|
General Fund revenues, per capita |
$ 384.41 |
$ 410.27 |
6.7% |
|
Expenditures - all governmental funds |
$ 6,907,576 |
$ 7,520,297 |
8.9% |
|
Revenues - all governmental funds |
$ 6,613,470 |
$ 7,235,419 |
10.7% |
|
Governmental funds balance |
$ 2,118,651 |
$ 1,833,773 |
- 13.4% |
 |
Governmental expenditures, per capita |
$ 531,80 |
$ 585.65 |
10.1% |
|
Governmental revenues, per capita |
$ 509.16 |
$ 563.46 |
10.7% |
|
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 5 year trend graphs
| Fiscal Stability Indicator | 2014 | 2015 | % Change | Trend |
|---|---|---|---|---|
Long-term governmental obligations: |
||||
Notes payable |
$ 0 |
$ 7,6128 |
n/a |
 |
Vested sick leave |
$ 1,985 |
$ 9,295 |
368.3% |
|
Total long-term debt |
$ 1,985 |
$ 85,423 |
4203.4% |
|
Long-term governmental obligations, per capita |
$ 0.15 |
$ 6.65 |
4333.3% |
|
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 5 year trend graphs
| Fiscal Stability Indicator | 2014 | 2015 | % Change | Trend |
|---|---|---|---|---|
Underfunded pension plan liability |
$ 2,840,215 |
$ 3,224,306 |
13.5% |
|
Pension plan funded ratio (Assets/Liabilities) |
75.0% |
73.0% |
- 2.7% |
 |
Pension liability as a percent of General Fund revenue |
56.9% |
61.2% |
7.6% |
|
Annual pension plan contribution |
$ 305,065 |
$ 343,230 |
12.5% |
|
Ratio of employees to retirees |
1.11 |
1.07 |
- 3.6% |
|
Favorable, Positive Change
Unfavorable, Negative Change
Favorable, Negative Change
Unfavorable, Positive Change
Neutral (+/- <1%) Change
Neutral, Positive Change
Neutral, Negative Change
| Fiscal Stability Indicator | 2014 | 2015 | % Change | Trend | Custodial deposit credit risk, % of bank balance exposed |
85.8% |
11.1% |
- 87.1% |
 |
|---|---|---|---|---|
Investments, current value |
$ 249,898 |
$ 250,494 |
0.2% |
|
Investment rating |
(S&P) A-1 |
(S&P) A-1 |
n/a |
 |
Custodial investment credit risk, % of investment exposed |
100.0% |
100.0% |
0.00% |
|
Taxable valuation of property |
$ 652,466,811 |
$ 653,512,680 |
0.2% |
|
Net governmental capital assets less depreciation |
$ 2,519,672 |
$ 2,499,469 |
- 0.8% |
|
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
