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Home » Charter Township of Shelby Dashboards » Financial Health Dashboard

Financial Health Dashboard

General Fund   2014 2015 2016 Trend  Progress
Revenue & Expenditure Comparison (Funding Gap)  $1.41M $.71M -1.61M -326.8 percent
Total Revenues  $16.29M $15.41M 16.32M 5.9 percent
Total Expenditures  $14.88M  $14.70M 17.93M 22.0 percent
Fund Balance  $13.37M  $14.08M 12.47M -11.4 percent

Police Fund  2014 2015 2016 Trend Progress 
Revenue & Expenditure Comparison (Funding Gap)   (6.64M) $1.04M $.99M $-4.8 percent  ↓
Total Revenues  $18.36M $14.17M $14.64M $3.3 percent  
Total Expenditures   $25.00M $13.13M $13.65M $4.0 percent  
Fund Balance  $1.14M  $2.18M $3.17M $45.4 percent  

Fire Fund  2014 2015  2016 Trend Progress 
Revenue & Expenditure Comparison (Funding Gap)   ($6.28M) $.61M $.45M -26.2 percent  ↓
Total Revenues  $17.28M $13.19M $13.90M 5.4 percent  
Total Expenditures   $23.56M $12.58M $13.45M 6.9 percent  
Fund Balance $8.49M $9.10M $9.54M 4.8 percent  

Long-term debt 2014 2015 2016 Trend Progress 
Police & Fire pension (percent funded)  98.8 percent 96.5 percent 96.5 percent -- --
Retiree Healthcare Liability (percent funded) 23.5 percent 23.5 percent 27.4 percent 16.6 percent
Total Governmental Funds (long-term debt)  $10.18M $9.58M $9.11M  -4.9 percent
Governmental Funds (long-term debt burden per capita)  $132.22 $123.35 $119.51  -3.1 percent

Financial indicators 2014  2015 2016 Trend Progress 
Township Millage Rates 9.2999 9.2999 9.299 --  --
Municipal Bond Rating  AA+ AA+ AA+ --  --
Ratio of retirees to active employees   0.65 0.67  0.69 3.0 percent  
Total Taxable Value for Revenue Base                         $2.79B $2.86B $2.97B  3.8 percent