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Financial Health Dashboard

General Fund  2016 2017 2018 Trend  Progress
Revenue & Expenditure Comparison (Funding Gap)  ($1.61M) ($.40M) ($4.59M) -1,047.5 percent -
Total Revenues $16.32M $31.35M $17.68M -43.6 percent -
Total Expenditures  $17.93M $31.75M $22.27M -29.9 percent +
Fund Balance  $12.47M $12.07M $7.8M -38.0 percent -
           
Police Fund 2016 2017 2018 Trend Progress
Revenue & Expenditure Comparison (Funding Gap)  $.99M $.75M $.60M -20.0 percent -
Total Revenues $14.64M $14.90M $15.55M 4.4 percent +
Total Expenditures  $13.65M $14.15M $14.95M 5.7 percent -
Fund Balance  $3.17M $3.92M $4.52M 15.3 percent +
           
Fire Fund  2016  2017 2018 Trend Progress 
Revenue & Expenditure Comparison (Funding Gap)  $.44M ($.37M) ($1.13M) -205.4 percent -
Total Revenues $13.89M $14.45M $14.67M 1.5 percent +
Total Expenditures  $13.45M $14.82M $15.80M 6.6 percent -
Fund Balance $9.54M $9.17M $8.04M -12.3 percent -
           
Long-term debt 2016 2017 2018 Trend Progress 
Police & Fire pension (percent funded) 96.5% 98.0% 95.2% -2.9 percent -
Retiree Healthcare Liability (percent funded) 27.4% 48.7% 56.4% 15.8 percent +
Total Governmental Funds (long-term debt) $9.11M $8.34M  $7.66M -8.2 percent +
Governmental Funds (long-term debt burden per capita)  $116.15 $105.47 $96.83 -8.2 percent +
           
Financial indicators 2016 2017 2018 Trend Progress
Township Millage Rates 9.2999 9.299 9.299 -- no change
Municipal Bond Rating AA+ AA+ AA+ -- no change
Ratio of retirees to active employees  0.69  0.70 0.71 1.4 percent -
Total Taxable Value for Revenue Base $2.97B $3.03B  $3.14B 3.6 percent +