Performance Dashboard

Transcription

1 Local Unit Name: Charter Township of Oshtemo Local Unit Code: 398 Performance Dashboard Trend Performance Fiscal Stability Annual General Fund expenditures per capita $86 $2 8.9% Positive Fund Balance as % of annual General Fund 22.2% 26.9% expenditures.5% Positive Unfunded pension & OPEB liability, as a % of annual General Fund revenue Fully Funded Fully Funded.% Positive Debt burden per capita $3 $2 5.4% Positive Number of services delivered via cooperative venture 7 7.% Neutral Economic Strength % of community with access to high speed broadband 97% 98%.2% Neutral % of community age 25+ with Bachelor's degree or higher 44% 44%.% Neutral Public Safety Violent crimes per thousand % Negative Property crimes per thousand % Positive Traffic injuries or fatalities % Negative Quality of Life Miles of sidewalks and nonmotorized paths/trails as a factor of total miles of local/major roads & streets % Positive Percent of General Fund expenditures committed to arts, culture and recreation 5.2% 4.7% 8.6% Positive Acres of parks per thousand residents % Neutral Percent of community being provided with curbside recycling 53% 53%.% Neutral

2 CITIZENS' GUIDE TO LOCAL UNIT FINANCES Oshtemo Charter Township Kalamazoo. Where our money comes from (all governmental funds) 2. Compared to the prior year 24 Taxes Licenses & Permits Federal Government State Government Charges for Services Fines & Forfeitures Interest & Rents Change Taxes $ 767,58 $ 78,8 7.65% Licenses & Permits $ 32,542 $ 3,2.44% Federal Government $ 9,526 $.% State Government $,627,252 $,973, % Charges for Services $ 3,492 $ 664,87 4.% Fines & Forfeitures $ 6,8 $ 73, % Interest & Rents $ 56,82 $ 5, % Other Revenues $ 2,768,83 $ 3,492, % Total Revenues $ 5,93,33 $ 7,265, % Other Revenues 3. Revenue sources compared to the prior year 4. Historical trends of individual sources ## Ta 73,652 93,74 858, ,58 # Other Revenues Lic 76,774 77,674 28,632 32,542 #,, Interest & Rents Fe 97,69 8,432 53,766 9,526 Sta 9, Fines & Forfeitures,4,29,72,749,596,9 ####### # Lo 8, Charges for Services Ch 7,,36,35 66,492 88,868 3,492 # State Government Fin 6, 5,47 48,689 5,875 6,8 # Federal Government Int 5, 54,8 6,38 43,28 56,82 # Ot 2,936,92 3,94,97 2,892,33 ####### # Licenses & Permits 4, Ta 73,652 93,74 858, ,58 # Taxes 3, 2, $ $, $2, $3, $4,, Commentary: Other revenues primarily consist of special assessments Thousands and also include transfers from other funds For more information on our unit's finances, contact Nancy Culp at (269) CITIZEN'S GUIDE TO LOCAL UNIT FINANCES Revenues

3 CITIZENS' GUIDE TO LOCAL UNIT FINANCES Oshtemo Charter Township Kalamazoo. Where we spend our money (all governmental funds) 2. Compared to the prior year Change General Government General Government $,3,44 $,278,52 2.5% Police & Fire $ 2,6,836 $ 2,37, % Police & Fire Other Public Safety $ $ 4,29 N/A Other Public Safety Other Public Works $ 454,737 $ 74, % Community/Econ. Development $ 2,783 $ 29, % Other Public Works Recreation & Culture $ 45,665 $ 6, % Community/Econ. Development Capital Outlay $ 324,8 $,488, % Debt Service $ 35, $ 35,.% Recreation & Culture Other Expenditures $ 356,45 $ 424, % Total Expenditures $ 4,856,36 $ 6,65, % Capital Outlay Debt Service 3. Spending compared to the prior year 4. Historical trends of individual departments: Other Expenditures Other Expenditures Debt Service Capital Outlay Recreation & Culture Community/Econ. Development Other Public Works Other Public Safety Police & Fire General Government Commentary: Other expenditures consist of $ transfers to other $, funds. $2, Thousands For more information on our unit's finances, contact Nancy Culp at (269) ## Ge,38,53,336,245,369,278 ####### # Po,38,,84,,88,66 2,45,88 ####### # Ot # Ro,36, Ot 2,3,69 777,46 47, ,737 # He,34, Co 22,822 5,594 9,577 2,783 # Re,32, 68,7 62,364 59,9 45,665 # Ca 333,98 852,7,656,56 324,8 # De,3, 35, # Ot 244,42 534,26 267,89 356,45 # Ge,28,,38,53,336,245,369,278 ####### #,26,,24,,22, CITIZEN'S GUIDE TO LOCAL UNIT FINANCES Expenditures

4 CITIZENS' GUIDE TO LOCAL UNIT FINANCES Oshtemo Charter Township Kalamazoo. How have we managed our governmental fund resources (fund balance) 2. Compared to the prior year,, 2 2 ### Change Total Revenues 9,, 6,268,339 6,235,758 ## #### 7,265,94 Revenues $ 5,93,33 $ 7,265, % Total Expenditu 8,, 6,39,59 5,594,656 ## #### 6,65,587 Expenditures $ 4,856,36 $ 6,65, % Total Fund Bala 6,7,469 7,, 6,7,57 ## #### 9,33,35 Surplus (Shortfall) $,57,25 $ 65, % 6,, 5,, 4,, 3,, 2,,,, $,, Commentary: $ For more information on our unit's finances, contact Nancy Culp at (269) Fund balance, by component: Change Nonspendable $ $ 57,793 N/A Restricted $,753,558 $ 2,36, % Assigned $ 2,45,732 $ 4,26, % Unassigned $ 4,26,64 $ 2,857, % Total Fund Balance $ 8,5,354 $ 9,33, % 3. Fund balance compared 2 to the prior year Historical trends of individual components Total Revenues Total Expenditures Total Fund Balance ## No # Re,76,359,465,3,753,558 # Co $,,,, As 2,8,3,985,235 2,45,732 # $9,, Un 9,, 6,7,469 2,924,9 3,597,793 4,26,64 # $8,, 8,, $7,, $6,, $5,, $4,, $3,, $2,, Nonspendable Restricted Assigned Unassigned 7,, 6,, 5,, 4,, 3,, 2,,,, Nonspendable Restricted Committed Assigned CITIZEN'S GUIDE TO LOCAL UNIT FINANCES Position

5 CITIZENS' GUIDE TO LOCAL UNIT FINANCES Oshtemo Charter Township Kalamazoo. Pension funding status 2. Retiree Health care funding status 3. Percent funded compared to the prior year ## ## ## ## 24,2, 2 ## ## ## ## 2/3/23 2/3/24 2% Assets Assets 252,6 # # # # Pensions % % Actuarial L Actuarial,, L 99,3 # # # # OPEB % % Sum of All P % % % 8, 6, 4, 2, % 4. Long Term 2 Debt obligations: Debt 22& other 23 long term 24 obligations per capita compared to the prior year Pensions OPE 6, 4, 2,, 8, 6, Assets Actuarial Liability ## ## ## ## 24 Assets Actuarial Liability Structured # # ### Struct Employee # # # # ### Emplo.2.57 Landfill Clo Landf 5. Uninsured Unins Other Claim Other 4.5 Other Claims & Contingencies 4. Employee Compensated.5 Commentary: 4, The Township does not have a defined benefit pension plan, which requires Absences reporting of the funding status. As such, box one above is blank.. 2, Uninsured Losses Landfill Closure & Postclosure Care Structured Debt % 6% 4% 2% 2/3/23 2/3 For more information 2 on our unit's 2 finances, 22 contact Nancy 23 Culp at (269) CITIZEN'S GUIDE TO LOCAL UNIT FINANCES Obligations

6 Projected Budget Report Local Unit Name: Local Unit Code: Current Fiscal Year End Date: Fund Name: Oshtemo Charter Township 398 2/3/25 General Fund REVENUES 25 Budget Percentage Change 26 Budget Assumptions Property Taxes $ 73, % $ 88,33 State Revenue Sharing $,785,34 (.6) % $,784,278 Licenses & Permits $ 227,5 (4.5) % $ 94,5 Interest and Rental Income $ 8,8 % $ 8,8 Grant Revenues $ 3, 2,6. % $ 28,8 One time $268,8 grant expected in 26 Other Revenues $ 8,927.4 % $ 84, Total Revenues $ 2,957,5 $ 3,342,78 EXPENDITURES General Government $,69, % $,79,68 Other Public Safety $ 9, % $ 34,885 Building department activity Roads $ 2, 75. % $ 35, Other Public Works $ 39,75 2. % $ 42, Community & Economic Development $ 25,467 (6.54) % $ 2,375 Capital Outlay $,53, % $ 2,85,5 Interfund Transfers (Out) $ 944,65 (76.8) % $ 226, $6, transfer to fund capital project in 25 Total Expenditures $ 4,658,82 $ 4,758,928 Net Revenues (Expenditures) $ (,7,3) $ (,46,22) Beginning Fund Balance $ 4,965,237 $ 3,263,927 Ending Fund Balance $ 3,263,927 $,847,77 Commentary: The Building Fund was combined with the General Fund in Fiscal Year 24 and is included in the budgets above.

7 Debt Service Report Local Unit Name: Local Unit Code: Current Fiscal Year End Date: Charter Township of Oshtemo 398 2/3/25 Debt Name: Issuance Date: Issuance Amount: Debt Instrument (or Type): Repayment Source(s): Land contract payable 5/3/22 $75, Contract payable Available resources in the Township General Fund Years Ending Principal Interest Total 25 $ $ $ Totals $ $ $ Commentary: Paid off in FY 25