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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 -2.63M -270.42 percent
Total Revenues  $16.29M $15.41M 15.73M 2.08 percent
Total Expenditures  $14.88M  $14.70M 18.33M 24.69 percent
Fund Balance  $13.37M  $14.08M 11.45M -18.68 percent

Police Fund  2014 2015 2016 Trend Progress 
Revenue & Expenditure Comparison (Funding Gap)   (6.64M) $1.04M .49M -95.29 percent  ↓
Total Revenues  $18.36M $14.17M 14.47M 2.12 percent  
Total Expenditures   $25.00M $13.13M 13.98M 6.47 percent  
Fund Balance  $1.14M  $2.18M 2.66M 22.02 percent  

Fire Fund  2014 2015  2016 Trend Progress 
Revenue & Expenditure Comparison (Funding Gap)   ($6.28M) .68M .34M -50.00 percent  ↓
Total Revenues  $17.28M $13.19M 13.71M 3.94 percent  
Total Expenditures   $23.56M $12.58M 13.37M 6.28 percent  
Fund Balance $8.49M $9.10M 9.43M 3.63 percent  

Long-term debt 2014 2015 2016 Trend Progress 
Police & Fire pension (percent funded)  98.8 percent 96.5 percent   -2.3 percent  ↓
Retiree Healthcare Liability (percent funded) 23.5 percent 23.5 percent   -- --
Total Governmental Funds (long-term debt)  $10.18M $9.58M   -5.9 percent  ↑
Governmental Funds (long-term debt burden per capita)  $132.22 $123.35   -6.7 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   3.1 percent  
Total Taxable Value for Revenue Base                         $2.79B $2.86B   2.5 percent