City of Clarksville, TN

Transcription

1 City of Clarksville, TN Long Term Debt Service Requirements - General Fund, 2013 Fiscal Years Principal Interest Total 2014 $6,799,950 $3,184,055 $9,984, $6,777,000 $2,881,659 $9,658, $7,706,000 $2,668,848 $10,374, $6,919,000 $2,451,193 $9,370, $6,598,000 $2,241,806 $8,839, $6,870,000 $2,045,077 $8,915, $7,154,000 $1,827,421 $8,981, $6,391,000 $1,609,523 $8,000, $6,407,000 $1,398,778 $7,805, $5,203,000 $1,200,166 $6,403, $4,732,000 $1,049,225 $5,781, $4,936,000 $916,958 $5,852, $4,210,000 $778,391 $4,988, $4,454,000 $668,331 $5,122, $4,255,000 $549,640 $4,804, $3,811,000 $440,055 $4,251, $3,867,354 $360,058 $4,227, $3,511,000 $277,528 $3,788, $3,662,000 $189,157 $3,851, $3,535,000 $113,770 $3,648, $2,206,000 $40,443 $2,246, Total Debt $110,004,304 $26,892,082 $136,896,386 Less Self Supporting Debt $2,815,000 $844,910 $3,659,910 $107,189,304 $26,047,172 $133,236,476

2 Statement of General Fund Bonded Debt As of June 30, 2012 General Obligation Debt Existing $136,896,386 Total Bonded Debt $136,896,386 Less: Self Supporting Debt $3,659,910 Less: Debt Service Funds $0 Net Bonded Debt $133,236,476 Montgomery County's Total Bonded Debt $312,620,000 Amount applicable to City of Clarksville 72.97% Net Overlapping Bonded Debt $228,110,034 Net Bonded Debt Outstanding Including Net Overlapping Bonded Debt $361,346,510 City of City and Net Clarksville Overlapping Total Debt Per Capita $961 $2,561 Net Direct Debt Per Capita 935 2,535 Total Debt / Actual Value 1.66% 3.24% Net Debt / Actual Value 1.62% 3.21% Total Debt / Assessed Value 5.77% 11.23% Net Debt / Assessed Value 5.62% 11.12% Montgomery Clarksville County 2013 Assessed Value $2,371,439,511 $3,250,007, Appraised Value $8,223,074,216 $11,269,098, Population 142, ,468

3 Total Top Ten Largest Taxpayers of Clarksville As of June 30, 2013 Taxpayer Business Assessment Clarksville Health System 1 Hospital 145,919,400 Governor's Square Co. 2 Retail 39,471,400 Clarksville Nine L P 3 Residential 23,851,900 Independence Place 4 Real Estate 18,974,400 Campus Crest at Clarksville L 5 Residential 17,906,079 Autumn Winds LLC 6 Residential 16,738,600 Bristol Clarksville Gro 7 Real Estate 15,616,100 Trane Company 8 Manufacturer 11,273,986 Bellsouth Telecommunications 9 Utilities 10,749,620 Gateway Medical Center 10 Hospital 8,567,518 Total - Top Ten Taxpayers $309,069,003 All Other Taxpayers $2,002,934,928 Total for All Taxpayers $2,312,003,931 Property Tax Rates, Assessments and Delinquencies Tax Rate Total Amount Tax Year Fiscal Year per $100 Assessments Delinquent $19,740,607 $1,306, $20,122,199 $789, $19,719,457 $774, $20,959,084 $1,289, $21,919,483 $889, $23,251,711 $1,215, $24,711,181 $1,034, $27,533,757 $1,405, $27,887,819 $1,863, $28,207,244 $1,134, $29,074,388 $1,054,626

4 Major Fund Summaries Revenues and Other Sources Local Sales Taxes/Property Taxes $50,626,307 $50,874,613 $46,203,310 $45,021,445 $43,145,156 $41,597,487 State Taxes (Local Share) $15,981,505 $15,767,613 $12,702,729 $12,177,601 $12,414,195 $13,224,296 Licenses and Permits $1,739,842 $1,845,028 $1,110,767 $1,170,820 $910,453 $1,309,561 Fines and Forfeitures $1,593,050 $1,827,158 $1,478,261 $1,622,284 $845,175 $877,388 Charges for Services $2,669,820 $2,769,204 $2,219,586 $1,763,899 $1,796,123 $1,819,642 Grants $5,732,552 $5,201,557 $7,496,274 $3,837,328 $3,122,431 $2,357,880 Investment Earnings $0 $0 $32,803 $73,210 $242,179 $745,469 Other Revenues $1,090,402 $2,145,273 $3,791,771 $2,128,736 $2,187,651 $1,517,007 Total Revenues $79,433,478 $80,430,446 $75,035,501 $67,795,323 $64,663,363 $63,448,730 Expenditures and Other Uses General Government $8,760,422 $8,534,270 $8,413,784 $7,843,598 $7,378,804 $6,414,046 Public Safety $38,036,705 $37,011,534 $35,764,426 $34,074,608 $32,441,949 $31,149,720 Highways and Streets $10,703,334 $10,544,416 $9,971,486 $9,663,703 $9,202,326 $8,938,226 Recreation $7,502,940 $6,478,112 $5,803,807 $5,193,818 $4,620,495 $4,862,034 Community Development $1,877,301 $1,816,743 $1,659,480 $1,473,740 $1,946,176 $1,925,443 Other $1,972,452 $2,309,293 $2,035,696 $1,621,694 $8,384,620 $5,242,852 Capital Outlay $13,195,329 $16,421,392 $28,996,386 $23,441,845 $14,698,033 $7,899,414 Debt Service Principal $5,837,353 $4,741,000 $15,527,700 $3,723,300 $3,886,100 $5,268,000 Interest $2,224,251 $2,473,712 $2,473,875 $2,198,657 $1,614,428 $1,946,699 Miscellaneous Agencies $1,838,367 $1,723,071 $1,751,836 $1,874,409 $1,549,929 $1,672,747 Total Expenditures $91,948,453 $92,053,544 $112,398,476 $91,109,372 $85,722,860 $75,319,181 Excess of Revenues over Expenditures -$12,514,974 -$11,623,098 -$37,362,975 -$23,314,049 -$21,059,497 -$11,870,451 Total Other Financing Sources (Uses) $20,771,643 $14,309,077 $35,506,298 $21,207,585 $29,396,686 $6,958,332 Excess (Deficiency) of Revenues and Other Sources Over (Under) Expenditures and Other Uses $8,256,669 $2,685,980 -$1,856,677 -$2,106,464 $8,337,189 -$4,912,119 Beginning Fund Balance $22,340,672 $20,803,687 $22,660,364 $24,766,828 $16,429,639 $21,341,758 Residual Equity Transfer / Restatement $360,463 -$1,148,995 Fund Balance at End of Year $30,957,803 $22,340,672 $20,803,687 $22,660,364 $24,766,828 $16,429,639

5 Population: City, County, State and Nation Percent Change City of Clarksville 142, ,359-34% - Montgomery County 184, , ,957 34% 28% Tennessee 6,456,243 5,797,290 5,049,742 11% 15% United States 313,914, ,368, ,994,517 9% 13% Per Capita Personal Income Percent Change Clarksville 44,560 39,155 37,893 35,777 35,325 35,959 9% Montgomery County 47,850 43,485 43,485 39,155 37,893 38,306 12% Tennessee 42,764 37,678 36,567 34,921 33,774 35,112 7% United States 51,371 42,693 41,560 39,937 38,846 40,947 4% Percentage of Households By Effective Buying Income As of June 30, 2013 City of Montgomery State of Clarksville County Tennessee United States Under $24, % 23.0% 29.0% 24.4% $24,999-$34, % 12.6% 12.5% 10.4% $35,000-$49, % 17.2% 14.9% 13.8% $50,000 and over 43.4% 47.2% 43.5% 51.5% Median Household EBI $44,560 $47,850 $42,764 $51,371

6 Retail Sales By Store Group 2013* Total Retail Sales $2,288,007,427 $2,208,920,849 $2,022,539,547 $1,952,680,848 $2,025,694,086 Autos, Boats, & Aircraft; $405,486,792 $390,711,145 $338,984,003 $333,133,723 $399,113,162 Service Stations $82,801,423 $55,090,571 $50,411,102 $33,665,426 $42,122,335 Eating & Drinking Establishments $249,784,814 $239,636,656 $222,203,513 $222,692,543 $216,262,468 Food Stores $360,284,836 $336,090,137 $292,712,748 $267,770,066 $310,877,295 Furniture & Home Décor; $94,381,445 $97,889,846 $89,157,780 $89,928,046 $87,155,100 Building Materials $200,527,009 $199,288,807 $189,103,533 $183,160,901 $173,293,542 General Merchandise; $536,327,870 $527,298,813 $502,853,213 $496,997,802 $484,398,918 Apparel & Accessories $82,136,746 $81,568,263 $70,758,548 $68,156,469 $70,000,645 Other Retail $276,276,492 $281,346,611 $266,355,107 $257,175,872 $242,470,621 *2013 data not available at time of filing Employment Civilian Unemployment Year Labor Force Employment Unemployment Rate (%) Tennessee USA ,350 59,180 3, % 5.7% 6.0% ,220 59,180 3, % 5.4% 5.5% ,000 62,730 3, % 5.6% 5.1% ,940 65,700 3, % 5.2% 4.6% ,530 65,220 3, % 4.8% 4.6% ,090 63,790 4, % 6.6% 5.8% ,910 62,770 6, % 10.5% 9.3% ,280 68,470 6, % 9.8% 9.6% ,360 69,350 7, % 9.2% 9.2% ,304 66,171 5, % 7.6% 7.8% ,406 52,012 7, % 10.4% 10.1%

7 Major Employers As of June 30, 2013 Employer Employees Department of Defense (Fort Campbell) 5,100 Clarksville-Montgomery County School System 3,900 Trane Company 1,400 Wal-Mart Supercenter 1,363 City of Clarksville 1,330 Gateway Medical Center 1,165 Montgomery County 921 Austin Peay State University 900 Convergys Corporation 800 Jostens Printing & Publishing 600 Akebono 500 Letica 400 Bridgestone Metalpha 400 Hendrickson Trailer Suspension Systems 320 Spear USA 302 Housing Units - City Total Occupied Occupied Occupied Occupancy Year Unit Owner Unit Renter Units Units Rate ,412 9,527 8,290 17, % ,642 13,906 11,536 25, % ,041 21,275 15,694 36, % ,815 27,732 21,707 49, % ,532 27,103 22,532 49, %

8 Building Permits Issue - City City of Clarksville Total Permits Year No. Value ,240 $115,462, ,434 $146,671, ,690 $233,766, ,682 $516,756, ,319 $230,756, $192,668, $135,602, ,203 $198,812, ,128 $174,148, ,557 $256,031, ,112 $231,313,416 Totals 13,870 $2,431,990,664

9 Statistical Data - City of Clarksville Utilities Clarksville Department of Electricity Number of Customers Residential 55,837 55,434 54,019 52,413 49,295 49,219 Commercial and Industrial 7,305 7,294 7,105 7,006 6,538 6,561 Other Total Customers 63,561 63,305 61,676 59,980 56,361 56,303 Kilowatt hours sold 1,406,335,366 1,395,190,442 1,455,892,735 1,477,960,178 1,449,664,544 1,300,000,000 Utility Sales $152,108,989 $152,858,073 $157,716,498 $134,832,928 $135,092,448 $112,591,500 Clarksville Gas Department Number of Customers Residential 21,448 21,301 20,967 20,101 19,325 18,978 Commercial and Industrial ,143 2,965 2,898 2,893 Other Total Customers 24,652 24,473 24,110 23,066 22,223 21,871 Cubic Feet Sold (Mcf) 3,901,631 3,436,100 4,475,835 4,542,451 4,582,121 4,657,894 Utility Sales $23,523,358 $21,618,128 $30,635,248 $31,625,197 $45,377,427 $46,524,872 Clarksville Water and Sewer Department Number of Water Customers Residential 54,549 54,324 52,719 49,095 53,264 51,033 Commercial and Industrial 4,137 4,070 3,991 3,448 n/a n/a Other Total Customers 58,694 58,405 56,726 52,558 53,264 51,033 Gallons Pumped and Sold-Water 4,187,341 4,434,753 4,309,813 4,011,681 4,266,126 4,262,070 Water Utility Sales $18,859,895 $19,673,265 $18,999,188 $17,497,154 $17,210,178 $16,574,199

10 Clarksville-Montgomery County Schools Year Enrollment , , , , , , , , , , ,300