REQUEST FOR PROPOSAL FOR BANKING SERVICES

Transcription

1 P.O. Box Merrill Road Hamburg, Michigan (810) Office (810) Fax Supervisor: Pat Hohl Clerk: Jim Neilson Treasurer: Allen Carlson Trustees: Mike Dolan Bill Hahn Chuck Menzies Phil Semprevivo REQUEST FOR PROPOSAL FOR BANKING SERVICES Issue Date: May 7 th, 2012 Proposal Deadline: Purchasing Contact: May 30 th, 2012, at 2:00 p.m., Eastern Time Hamburg Township Purchasing Agent Merrill Road, P.O. Box 157 Hamburg, MI Brittany K. Campbell Phone: (810) Ext. 210 Direct: (810) Fax: (810) bcampbell@hamburg.mi.us DESCRIPTION: Proposals are being solicited for the purpose of receiving bids from those qualified banking institutions wishing to provide banking services for the Township of Hamburg. This solicitation, along with all attachments and addenda may be downloaded from the Hamburg Township Purchasing Department website at hamburg.mi.us. Copies of this solicitation document and any issued addenda may also be obtained from the Purchasing Agent, Hamburg Township Purchasing Department, Merrill Road, P.O. Box 157, Hamburg, MI 48139, (810) Ext Please note that if a vendor elects to obtain documents directly from the Purchasing Department, it is then the responsibility of the vendor to contact the Purchasing Agent to find out if any additional addenda or attachments have been issued. Proposals must be time stamped by the Purchasing Agent by the exact date and time indicated above. It is the Bidder s responsibility to see that their proposals arrive on time. Late proposals, telegrams, facsimile or telephone bids WILL NOT be considered. 1

2 Request for Proposal for Banking Services Introduction: The Township of Hamburg is seeking proposals from qualified banking institutions to provide banking services as described within this document. Even though we have a relationship with, and funds deposited in several local banks, the Township is looking for a bank that would handle our core accounts and vast majority of our transaction activity along with investment opportunities. The intent is to begin the transfer process from the existing bank beginning in June It is the Township s intention to select a bank that will provide the best overall value on a long term relationship basis rather than simply choosing the lowest bidder. Accordingly, in addition to pricing, other factors will be considered including financial strength, customer references, value-added banking services as well as local and national support services. This document will be sent out in both PDF and a non PDF format. The non PDF documents will include Microsoft Word (docx) format for the narrative part of the proposal and Microsoft Excel (xlsx) format for the statistical part. You will receive both a written copy and a copy on a CD. Please follow the general outline of this document in your proposal. You can add your comments at the end of each requirement/comment in this document or you can develop a parallel document in the same sequence. Any relevant supplemental information should be included as attachments. If a bank cannot meet a service requirement, the bank should enter No Proposal for that specific requirement. The Excel documents can be expanded to include your answers by adding additional columns or rows as needed or you may develop a new spread sheet selecting elements of data from the original document. The key is that the information must be in the same general sequence as the RFP. As a minimum the proposed bank must be a Federal or State of Michigan chartered banking institution with offices located within 15 miles of Hamburg Township. It must be FDIC insured, or must provide 100% collateralization of all deposits with collateral permitted by the State of Michigan s Public Act. All accounts proposed by the banking institution must be in compliance with Michigan Act 20 PA 1943, as amended and Hamburg Township s investment policy. The Timeline for this Proposal is as follows: RFP distributed to banks May 7 th, 2012 Pre-proposal submission meeting held at Hamburg Township May 16 th, 2012 at 2pm Proposal due from banks May 30 th, 2012 at 2pm Review of proposals from May 30 th to June 11 th by the Finance Committee RFP in Board packet on June 14 th for the June 19the Board meeting Recommendation to Board on the 19 th of June 2

3 Questions should be prepared for the pre-proposal meeting to be held at Hamburg Township on May 16, 2012 at 2:00 p.m. in the Board room. Should there be additional questions regarding the bid process or specific aspects of the RFP they should be ed to the Township Treasurer by 5:00 p.m. on May 22, Questions and answers not addressed at the pre-proposal meeting will be consolidated and provided via or fax to all banks on record as having received the RFP by 5:00 p.m. on May 22, The following factors will be considered, but not limited to, in the selection process: 1. Government banking support. 2. Qualified depository for public funds in accordance with Michigan statutes. 3. Financial strength. 4. Scope of proposed services. 5. Cost of services. 6. Must have a branch office within 15 miles of Township Offices. 7. Experience, expertise and qualifications of key bank personal assigned to the Township, particularly in the area of public section funds. 8. Quality level of service to be performed and proposed approach to cost control. 9. Service level monitoring and administration. 10. Endorsement by other public sector clients. 11. Availability of additional services not included in this request for proposal. Township Statistics: Hamburg Township lies on the southern border of Livingston County between Green Oak Township to the east, Putnam Township to the west and Genoa Township to the north. The Township covers 36 square miles and is a boater s paradise with the Huron River chain of lakes across the lower half and many more lakes scattered throughout the township. There are also over 4,000 acres of State land with recreational facilities across the northern tier of the township. The downturn has not been kind to Hamburg with the loss of several small manufacturing facilities and a loss of residents but it looks like we have hit the bottom and are experiencing a significant increase in new construction and home purchases. The 2010 census recorded our population at 21,163 and our parcel count is over 10,000. Even though we have experienced a significant reduction in General Fund property tax revenue over the past three years, we have had some increases in revenue in other areas to bring our 3

4 reduction down to 5.75% over this period. We have been and are on target with our budget and have been able to increase our General Fund balance over this same period of time. The taxable value of property within the Township is currently stabilized at $888,227,676 with a gross tax income of $26,098,788 for the 2011/2012 year. Of this amount approximately $22,654,336 was transferred out to other organizations within 15 days from collection. See Attachment E for a breakdown of how the tax collection was distributed for the 2011/2012 tax year. Attachments: Attached are several schedules reflecting the number and types of accounts, the activity by bank service type per account and the values per account on a monthly basis with an annual summary for the period from March 2011 thru February Hamburg s accounting has been implementing a combined pooled account concept this past year but we still have a significant number of accounts that are related to a specific Bond issue and cannot or have not been integrated into another account. All of these accounts have minimal activity and in some cases limited funds. Attachment A Account structure Attachment B Account Service Matrix Attachment C Data from our Account Summary Report Attachment D Data from our Account Statement Report Services Requested: 1. Internet Banking-Including balances, reporting, wires, ACH transmissions and internal transfers. 2. Check Imaging/Check Scanner. 3. Monthly CD Rom for Pooled, Payroll, Disbursement Accounts. 4. Direct Deposit. 5. Payroll and Disbursement Zero Balance accounts with Positive pay. 6. Provide pricing on courier service and when deposits are available after pick up. 7. Stop Payments. 8. Alternate credit card Company that may be less expensive for our residents. 4

5 Transition Service/Additional Services: 1. Provide a tentative plan and schedule for completing the transition to your bank including, anticipated lead time need but not limited to account opening, deposit tickets and check orders, information reporting, implementation of passwords and access ID s, ability to work with PayCor to facilitate the conversion of payroll account, and training. 2. Describe any services that your bank could offer to Township employees who chose to bank with your institution. 3. Please describe fraud protection services and costs. 4. Describe your record retention policy which allows online or image viewing and number of years that records are stored and availability to the Township and any related storage/access charges. 5. The following information is required on a monthly account statement per account: Account Number Period Covered Average ledger Balance, Average collected Balance Services rendered to include type of service and quantity Per Unit and Total charge for each service Total monthly charges for all services Calculation of required compensating balances, or earning credit provided by the balances and the effective annual rate if the Township wanted to pay for services by maintaining balances. Banking Information Financial strength of Bank: 1. Identify key measurers of the bank s financial strength. 2. Provide ratings for the bank from Standard & Poor s/moody s. 3. Provide bank deposits and latest audited financial statement of your bank and holding company. Other data: 1. Bank contacts Please provide the qualifications or brief resume of the person or persons who will be our primary contact. 5

6 2. Support staff structure/operations structure. What is the structure and the names of the support staff and location of personnel? 3. What is the bank s disaster recovery plan and what plans are/would be in place if Hamburg Township experiences a major disaster (total loss of existing facility which would require the immediate movement of personnel to a new facility). Level of service the first 4 hours, the next day, etc.? What would have to be re-processed? 4. Daily, Weekly and Monthly reporting and availability of reports. 5. Insurance and Collateralization. 6. Interest rates for the full range of investments and deposits. 7. What are the cutoff times to insure same day ledger credit/debit for wires, ACH, and transfers? 8. What method does the bank use to notify the Township of incoming ACH or wires? Bank services/availability of services: 1. Computer access to data. 2. ACH processes. 3. Funds Transfers processes inter-bank and intra-bank. 4. Availability of date from deposits and transfers either online or phone support. 5. Deposit alternatives other than check scanner. 6. Credit card services to our customers. 7. Describe process for handling non-sufficient fund check deposited into a Township account, how many times checks are re-deposited, fees involved and how we will be notified of the NSF. 8. Process for stop payments, fees and notification. 9. Banking supplies the bank will provide lockable or disposable money bags and printed duplicate deposit slips for pooled account. 6

7 Certification by Bank: Before accepting funds or engaging in transactions for the Township, an official of the approved bank shall be required to submit a certification that: 1. Bank agrees to review the Township Investment Policy and sign the investment policy acceptance agreement and agrees to disclose potential conflicts or risks to the Township s funds that may arise out of business transactions between the bank and the Township. 2. Bank agrees to undertake reasonable efforts to preclude imprudent transactions involving Township funds. 3. Bank agrees to notify the Township within three business days of a change in senior relations manager. 4. Bank agrees to notify Township of any new or modified services and/or related charges offered by the Bank within 3 business days of availability/change. 5. Bank agrees to provide the Township with audited annual financial statements of the bank and any holding company and also agrees to meet semi-annually for an account review. The Bank will initiate the semi-annual meetings with the Township which will include at a minimum the Treasurer, Deputy Treasurer and a member of the Township s Finance Advisory Committee. 6. Bank is an institution eligible to be a depository of public funds under Michigan statues. Submissions: Those wishing to be considered for this contract shall submit eight (8) written copies of their bid. Sealed bids must be received at the following location no later than 2:00 p.m. EST on Wednesday, May 30th, 2012: Physical Address: Hamburg Township Hall C/O Brittany K. Campbell, Hamburg Twp. Purchasing Agent Merrill Road Whitmore Lake, Michigan Telephone: (810) Ext. 210 Direct Line: (810) Fax: (810) bcampbell@hamburg.mi.us 7

8 Mailing Address: P.O. Box 157 Hamburg, Michigan Bids must be submitted in sealed envelopes or packages with the following information clearly printed on the outside: 1. Name and address of primary contact 2. Due date and time 3. Envelope contents (cost proposal) 4. Project name Questions regarding the bid specifications should be directed to the Hamburg Township Treasurer, Allen Carlson, at: Telephone: (810) Ext. 204 Direct Line: (810) The Township must receive all proposals no later than 2:00 PM on Wednesday, May, 30, Proposals received after this time will not be accepted or reviewed. No facsimile-machine produced or proposals will be accepted. All proposals become the property of the Township upon submission. The expense of preparing and submitting a proposal is the sole responsibility of the consultant. The Township reserves the right to reject any or all proposals received, to negotiate with any qualified source, or to cancel in part or in its entirety this RFP as is in the best interest of the Township. If a proposal is selected, it will be the most advantageous proposal with respect to price, quality of service, and other factors that Hamburg Township may consider. The Township reserves the right to consider proposals for modifications at any time before a Contract is awarded, and negotiations would be undertaken with that provider whose proposal is deemed to best meet the Township s specifications and needs. The Township reserves the right to waive or not waive informalities or irregularities in submittals, and to accept or further negotiate cost, terms, and conditions of any proposal determined by the Township to be in the best interest of the Township even though not the lowest cost proposal. This solicitation is no way obligates the Township to award a contract. 8

9 ATTACHMENT A

10 ATTACHMENT A

11 ATTACHMENT B

12 ATTACHMENT B

13 ATTACHMENT C

14 ATTACHMENT C DATA IS FROM ACCOUNT SUMMARY REPORT (BY ACCOUNT BY MONTH) ACCOUNT Month AVG LEDGER BAL CHECKS AND DEPOSITS EZ DEPOSITS PER EZ DEPOSITS GPS WIRE ACH RECEIVED ACH RECEIVED ITEMS PAID PER IRD DEP ITEM PER DEPOSIT DOMESTIC OUT CREDITS DEBITS SUM OF ALL ACCOUNTS 01/12 8,367, /12 7,879, /11 7,666, /11 3,894, /11 3,222, /11 4,007, /11 4,342, /11 4,654, /11 5,839, /11 3,205, /11 3,319, /11 5,028, TOTAL 61,428, AVG 5,119, , (TOTALS ON THIS PAGE ARE NOT A COMPUTER SUM OF THE FOLLOWING ACCOUNT DETAIL PAGES). Estimated number of property tax bills per year 20,000 Estimated number of Hamburg utility bills per year 11,376 Estimated number of Portage lk utility bills per year 5,012 Estimated number of Riverview/Fernlands UT bills per year 204 5/7/ :05 AM 1

15 ATTACHMENT C DATA IS FROM ACCOUNT SUMMARY REPORT (BY ACCOUNT BY MONTH) ACCOUNT Month AVG LEDGER BAL CHECKS AND DEPOSITS EZ DEPOSITS PER EZ DEPOSITS GPS WIRE ACH RECEIVED ACH RECEIVED ITEMS PAID PER IRD DEP ITEM PER DEPOSIT DOMESTIC OUT CREDITS DEBITS 1998 SEWER SAD 01/12 10, /12 35, /11 119, /11 109, /11 109, /11 110, /11 110, /11 110, /11 109, /11 23, /11 7, /11 7, TOTAL 862, SAD DEBT 01/12 215, /12 439, /11 329, /11 173, /11 182, /11 210, /11 215, /11 217, /11 208, /11 98, /11 86, /11 105, TOTAL 2,484, SAD DEBT 01/12 283, /12 396, /11 270, /11 136, /11 138, /7/ :05 AM 2

16 ATTACHMENT C DATA IS FROM ACCOUNT SUMMARY REPORT (BY ACCOUNT BY MONTH) ACCOUNT Month AVG LEDGER BAL CHECKS AND DEPOSITS EZ DEPOSITS PER EZ DEPOSITS GPS WIRE ACH RECEIVED ACH RECEIVED ITEMS PAID PER IRD DEP ITEM PER DEPOSIT DOMESTIC OUT CREDITS DEBITS 06/11 194, /11 246, /11 236, /11 179, /11 127, /11 127, /11 153, TOTAL 2,490, FIRE DEBT 01/12 346, /12 438, /11 318, /11 226, /11 227, /11 246, /11 247, /11 247, /11 232, /11 198, /11 198, /11 225, TOTAL 3,152, WATER SAD DEBT 01/12 126, /12 144, /11 131, /11 102, /11 101, /11 133, /11 133, /11 133, /11 124, /11 102, /11 102, /11 104, /7/ :05 AM 3

17 ATTACHMENT C DATA IS FROM ACCOUNT SUMMARY REPORT (BY ACCOUNT BY MONTH) ACCOUNT Month AVG LEDGER BAL CHECKS AND DEPOSITS EZ DEPOSITS PER EZ DEPOSITS GPS WIRE ACH RECEIVED ACH RECEIVED ITEMS PAID PER IRD DEP ITEM PER DEPOSIT DOMESTIC OUT CREDITS DEBITS TOTAL 1,439, DISBURSEMENT 01/ / / / / / / / / / / / TOTAL DOWNING DEBT 01/12 24, /12 25, /11 5, /11 4, /11 4, /11 4, /11 5, /11 5, /11 5, /11 5, /11 14, /11 22, TOTAL 126, FED DRUG ENFORCEMENT 01/12 4, /12 6, /11 7, /11 8, /11 13, /7/ :05 AM 4

18 ATTACHMENT C DATA IS FROM ACCOUNT SUMMARY REPORT (BY ACCOUNT BY MONTH) ACCOUNT Month AVG LEDGER BAL CHECKS AND DEPOSITS EZ DEPOSITS PER EZ DEPOSITS GPS WIRE ACH RECEIVED ACH RECEIVED ITEMS PAID PER IRD DEP ITEM PER DEPOSIT DOMESTIC OUT CREDITS DEBITS 06/11 14, /11 17, /11 32, /11 50, /11 50, /11 52, /11 4, TOTAL 261, HURON RIVER HIGHLANDS 01/12 33, /12 38, /11 25, /11 25, /11 25, /11 31, /11 18, /11 18, /11 18, /11 18, /11 19, /11 22, TOTAL 296, MALTBY ROAD DEBT ACCT 01/12 3, /12 3, / / / /11 17, /11 15, /11 3, /11 3, /11 3, /11 3, /11 3, /7/ :05 AM 5

19 ATTACHMENT C DATA IS FROM ACCOUNT SUMMARY REPORT (BY ACCOUNT BY MONTH) ACCOUNT Month AVG LEDGER BAL CHECKS AND DEPOSITS EZ DEPOSITS PER EZ DEPOSITS GPS WIRE ACH RECEIVED ACH RECEIVED ITEMS PAID PER IRD DEP ITEM PER DEPOSIT DOMESTIC OUT CREDITS DEBITS TOTAL 62, MIDLAND SEWER DEBT 01/ / /11 1, / / / / / / / / / TOTAL 7, PAYROLL 01/ / / / / / / / / / / / TOTAL POOLED 01/12 6,679, /12 5,611, /11 5,939, /11 2,645, /11 1,996, /7/ :05 AM 6

20 ATTACHMENT C DATA IS FROM ACCOUNT SUMMARY REPORT (BY ACCOUNT BY MONTH) ACCOUNT Month AVG LEDGER BAL CHECKS AND DEPOSITS EZ DEPOSITS PER EZ DEPOSITS GPS WIRE ACH RECEIVED ACH RECEIVED ITEMS PAID PER IRD DEP ITEM PER DEPOSIT DOMESTIC OUT CREDITS DEBITS 06/11 2,593, /11 2,862, /11 3,191, /11 4,457, /11 2,147, /11 2,243, /11 3,860, TOTAL 44,228, SEWER PLANT DEBT 01/12 3, /12 3, /11 3, /11 3, /11 3, /11 3, /11 3, /11 3, /11 3, /11 3, /11 3, /11 3, TOTAL 45, SHAN-GRI-LA RD IMPROVEMENT 01/12 133, /12 133, /11 133, /11 133, /11 133, /11 133, /11 133, /11 133, /11 133, /11 133, /11 133, /11 133, /7/ :05 AM 7

21 ATTACHMENT C DATA IS FROM ACCOUNT SUMMARY REPORT (BY ACCOUNT BY MONTH) ACCOUNT Month AVG LEDGER BAL CHECKS AND DEPOSITS EZ DEPOSITS PER EZ DEPOSITS GPS WIRE ACH RECEIVED ACH RECEIVED ITEMS PAID PER IRD DEP ITEM PER DEPOSIT DOMESTIC OUT CREDITS DEBITS TOTAL 1,603, STATE DRUG ENFORCEMENT 01/12 4, /12 21, /11 7, /11 9, /11 9, /11 18, /11 17, /11 17, /11 16, /11 19, /11 18, /11 3, TOTAL 164, STATE DRUG FORTEITURE FUND NON-ADJ 01/12 8, /12 7, /11 04/11 05/ / /11 4, /11 8, /11 8, /11 8, /11 8, /11 8, TOTAL 62, STRAWBERRY / INDIANOLA DEBT 01/12 105, /12 114, /11 23, /11 17, /11 19, /7/ :05 AM 8

22 ATTACHMENT C DATA IS FROM ACCOUNT SUMMARY REPORT (BY ACCOUNT BY MONTH) ACCOUNT Month AVG LEDGER BAL CHECKS AND DEPOSITS EZ DEPOSITS PER EZ DEPOSITS GPS WIRE ACH RECEIVED ACH RECEIVED ITEMS PAID PER IRD DEP ITEM PER DEPOSIT DOMESTIC OUT CREDITS DEBITS 06/11 22, /11 23, /11 23, /11 21, /11 14, /11 53, /11 91, TOTAL 530, STRAWBERRY LAKE SEWER DEBT 01/12 310, /12 372, /11 264, /11 192, /11 192, /11 209, /11 211, /11 213, /11 208, /11 193, /11 193, /11 219, TOTAL 2,782, TAMARACK SEWER 01/12 69, /12 83, /11 71, /11 49, /11 49, /11 50, /11 50, /11 52, /11 52, /11 47, /11 47, /11 49, /7/ :05 AM 9

23 ATTACHMENT C DATA IS FROM ACCOUNT SUMMARY REPORT (BY ACCOUNT BY MONTH) ACCOUNT Month AVG LEDGER BAL CHECKS AND DEPOSITS EZ DEPOSITS PER EZ DEPOSITS GPS WIRE ACH RECEIVED ACH RECEIVED ITEMS PAID PER IRD DEP ITEM PER DEPOSIT DOMESTIC OUT CREDITS DEBITS TOTAL 675, TPA BLUE CROSS 01/12 3, /12 1, /11 5, /11 4, /11 4, /11 2, /11 5, /11 4, /11 3, /11 4, /11 5, /11 4, TOTAL 49, WASTE WATER TREATMENT PLANT 01/ / /11 7, /11 48, /11 9, /11 8, /11 18, / / /11 2, / /11 5, TOTAL 100, /7/ :05 AM 10

24 ATTACHMENT D

25 ATTACHMENT D DATA IS FROM ACCOUNT STATEMENT REPORT (BY ACCOUNT BY MONTH) MONTH ACCOUNT NAME CHECKS DEBITS DEPOSITS & CREDITS TOTAL FUNDS AT END OF MONTH SUM OF ALL ACCOUNTS TOTAL FOR ALL ACCOUNTS 423, ,087, ,245, ,010, MONTH AVERAGE 35, ,923, ,853, ,834, ACCOUNT DETAIL 1/ SEWER SAD - - 7, , / SEWER SAD , , / SEWER SAD - 29, , , / SEWER SAD , / SEWER SAD , / SEWER SAD , / SEWER SAD , / SEWER SAD , / SEWER SAD - 3, , / SEWER SAD - 100, , / SEWER SAD , / SEWER SAD , TOTAL - 132, , , MONTH AVERAGE - 11, , , SAD DEBT , , SAD DEBT , , SAD DEBT 173, SAD DEBT , SAD DEBT - 36, , SAD DEBT , SAD DEBT - - 7, , SAD DEBT , SAD DEBT - 45, , , SAD DEBT - 100, , , SAD DEBT , SAD DEBT , , TOTAL - 146, , ,451, MONTH AVERAGE - 12, , , /7/ :10 AM 11

26 ATTACHMENT D DATA IS FROM ACCOUNT STATEMENT REPORT (BY ACCOUNT BY MONTH) MONTH ACCOUNT NAME CHECKS DEBITS DEPOSITS & CREDITS TOTAL FUNDS AT END OF MONTH SUM OF ALL ACCOUNTS TOTAL FOR ALL ACCOUNTS 423, ,087, ,245, ,010, MONTH AVERAGE 35, ,923, ,853, ,834, ACCOUNT DETAIL SAD DEBT , , SAD DEBT , , SAD DEBT - 380, , , SAD DEBT , SAD DEBT , , SAD DEBT , , SAD DEBT , SAD DEBT - 53, , , SAD DEBT - 74, , SAD DEBT , SAD DEBT , SAD DEBT , , TOTAL - 510, , ,538, MONTH AVERAGE - 42, , , FIRE DEBT - 2, , , FIRE DEBT , , FIRE DEBT - 380, , , FIRE DEBT , FIRE DEBT , , FIRE DEBT , FIRE DEBT , FIRE DEBT , FIRE DEBT - 48, , FIRE DEBT , FIRE DEBT , FIRE DEBT , , TOTAL - 433, , ,159, /7/ :10 AM 12

27 ATTACHMENT D DATA IS FROM ACCOUNT STATEMENT REPORT (BY ACCOUNT BY MONTH) MONTH ACCOUNT NAME CHECKS DEBITS DEPOSITS & CREDITS TOTAL FUNDS AT END OF MONTH SUM OF ALL ACCOUNTS TOTAL FOR ALL ACCOUNTS 423, ,087, ,245, ,010, MONTH AVERAGE 35, ,923, ,853, ,834, ACCOUNT DETAIL 12 MONTH AVERAGE - 36, , , WATER SAD DEBT , , WATER SAD DEBT , , WATER SAD DEBT - 75, , , WATER SAD DEBT - 7, , , WATER SAD DEBT , , WATER SAD DEBT , WATER SAD DEBT , WATER SAD DEBT , WATER SAD DEBT - 31, , WATER SAD DEBT , WATER SAD DEBT , WATER SAD DEBT - - 4, , TOTAL - 114, , ,448, MONTH AVERAGE - 9, , , DISBURSEMENT 702, , , DISBURSEMENT 448, , , DISBURSEMENT 2,455, ,455, DISBURSEMENT 735, , , DISBURSEMENT 466, , , DISBURSEMENT 1,047, , ,065, DISBURSEMENT 393, , , DISBURSEMENT 306, , , DISBURSEMENT 1,075, , ,095, DISBURSEMENT 406, , , DISBURSEMENT 379, , , DISBURSEMENT 581, , , /7/ :10 AM 13

28 ATTACHMENT D DATA IS FROM ACCOUNT STATEMENT REPORT (BY ACCOUNT BY MONTH) MONTH ACCOUNT NAME CHECKS DEBITS DEPOSITS & CREDITS TOTAL FUNDS AT END OF MONTH SUM OF ALL ACCOUNTS TOTAL FOR ALL ACCOUNTS 423, ,087, ,245, ,010, MONTH AVERAGE 35, ,923, ,853, ,834, ACCOUNT DETAIL TOTAL 48, , , MONTH AVERAGE 4, , Downing Debt - - 2, , Downing Debt - - 1, , Downing Debt - 1, , , Downing Debt , Downing Debt , Downing Debt , Downing Debt , Downing Debt , Downing Debt - 1, , , Downing Debt , Downing Debt , , Downing Debt - - 1, , TOTAL - 3, , , MONTH AVERAGE , , FED DRUG ENFORCEMENT - - 1, , FED DRUG ENFORCEMENT - - 4, , FED DRUG ENFORCEMENT , FED DRUG ENFORCEMENT - - 4, , FED DRUG ENFORCEMENT , FED DRUG ENFORCEMENT , FED DRUG ENFORCEMENT - - 8, , FED DRUG ENFORCEMENT , , FED DRUG ENFORCEMENT - 4, , , FED DRUG ENFORCEMENT - - 9, , FED DRUG ENFORCEMENT - 9, , , /7/ :10 AM 14

29 ATTACHMENT D DATA IS FROM ACCOUNT STATEMENT REPORT (BY ACCOUNT BY MONTH) MONTH ACCOUNT NAME CHECKS DEBITS DEPOSITS & CREDITS TOTAL FUNDS AT END OF MONTH SUM OF ALL ACCOUNTS TOTAL FOR ALL ACCOUNTS 423, ,087, ,245, ,010, MONTH AVERAGE 35, ,923, ,853, ,834, ACCOUNT DETAIL 12 FED DRUG ENFORCEMENT - 50, , TOTAL - 64, , , MONTH AVERAGE - 5, , , HURON RIVER HIGHLANDS , , HURON RIVER HIGHLANDS , HURON RIVER HIGHLANDS - - 2, , HURON RIVER HIGHLANDS , HURON RIVER HIGHLANDS , HURON RIVER HIGHLANDS - 24, , , HURON RIVER HIGHLANDS , HURON RIVER HIGHLANDS , HURON RIVER HIGHLANDS , HURON RIVER HIGHLANDS , HURON RIVER HIGHLANDS , HURON RIVER HIGHLANDS - - 6, , TOTAL - 24, , , MONTH AVERAGE - 2, , , MALTBY ROAD DEBT ACCT , MALTBY ROAD DEBT ACCT , MALTBY ROAD DEBT ACCT MALTBY ROAD DEBT ACCT MALTBY ROAD DEBT ACCT MALTBY ROAD DEBT ACCT , , MALTBY ROAD DEBT ACCT - 19, , MALTBY ROAD DEBT ACCT , MALTBY ROAD DEBT ACCT , MALTBY ROAD DEBT ACCT , /7/ :10 AM 15

30 ATTACHMENT D DATA IS FROM ACCOUNT STATEMENT REPORT (BY ACCOUNT BY MONTH) MONTH ACCOUNT NAME CHECKS DEBITS DEPOSITS & CREDITS TOTAL FUNDS AT END OF MONTH SUM OF ALL ACCOUNTS TOTAL FOR ALL ACCOUNTS 423, ,087, ,245, ,010, MONTH AVERAGE 35, ,923, ,853, ,834, ACCOUNT DETAIL 11 MALTBY ROAD DEBT ACCT , MALTBY ROAD DEBT ACCT , TOTAL - 20, , , MONTH AVERAGE - 1, , , MIDLAND SEWER DEBT MIDLAND SEWER DEBT MIDLAND SEWER DEBT MIDLAND SEWER DEBT MIDLAND SEWER DEBT MIDLAND SEWER DEBT MIDLAND SEWER DEBT MIDLAND SEWER DEBT MIDLAND SEWER DEBT MIDLAND SEWER DEBT MIDLAND SEWER DEBT MIDLAND SEWER DEBT TOTAL , MONTH AVERAGE PAYROLL 25, , , PAYROLL 20, , , PAYROLL 27, , , PAYROLL 21, , , PAYROLL 35, , , PAYROLL 33, , , PAYROLL 31, , , PAYROLL 32, , , PAYROLL 59, , , /7/ :10 AM 16

31 ATTACHMENT D DATA IS FROM ACCOUNT STATEMENT REPORT (BY ACCOUNT BY MONTH) MONTH ACCOUNT NAME CHECKS DEBITS DEPOSITS & CREDITS TOTAL FUNDS AT END OF MONTH SUM OF ALL ACCOUNTS TOTAL FOR ALL ACCOUNTS 423, ,087, ,245, ,010, MONTH AVERAGE 35, ,923, ,853, ,834, ACCOUNT DETAIL 10 PAYROLL 26, , , PAYROLL 33, , , PAYROLL 24, , , TOTAL 372, ,227, ,599, MONTH AVERAGE 31, , , POOLED - 6,539, ,044, ,759, POOLED - 3,741, ,606, ,623, POOLED - 9,250, ,265, ,870, POOLED 1,297, , ,244, POOLED - 1,919, ,790, ,115, POOLED - 1,387, ,584, ,312, POOLED - 1,185, ,599, ,725, POOLED - 2,268, ,791, ,248, POOLED - 7,720, ,795, ,323, POOLED - 1,092, , ,938, POOLED - 746, ,180, ,372, POOLED - 2,810, ,693, ,255, TOTAL - 39,960, ,728, ,790, MONTH AVERAGE - 3,330, ,144, ,399, SEWER PLANT DEBT , SEWER PLANT DEBT , SEWER PLANT DEBT , SEWER PLANT DEBT , SEWER PLANT DEBT , SEWER PLANT DEBT , SEWER PLANT DEBT , SEWER PLANT DEBT , /7/ :10 AM 17

32 ATTACHMENT D DATA IS FROM ACCOUNT STATEMENT REPORT (BY ACCOUNT BY MONTH) MONTH ACCOUNT NAME CHECKS DEBITS DEPOSITS & CREDITS TOTAL FUNDS AT END OF MONTH SUM OF ALL ACCOUNTS TOTAL FOR ALL ACCOUNTS 423, ,087, ,245, ,010, MONTH AVERAGE 35, ,923, ,853, ,834, ACCOUNT DETAIL 9 SEWER PLANT DEBT , SEWER PLANT DEBT , SEWER PLANT DEBT , SEWER PLANT DEBT , TOTAL , MONTH AVERAGE , SHAN-GRI-LA RD IMPROVEMENT , SHAN-GRI-LA RD IMPROVEMENT , SHAN-GRI-LA RD IMPROVEMENT , SHAN-GRI-LA RD IMPROVEMENT , SHAN-GRI-LA RD IMPROVEMENT , SHAN-GRI-LA RD IMPROVEMENT , SHAN-GRI-LA RD IMPROVEMENT , SHAN-GRI-LA RD IMPROVEMENT , SHAN-GRI-LA RD IMPROVEMENT , SHAN-GRI-LA RD IMPROVEMENT , SHAN-GRI-LA RD IMPROVEMENT , SHAN-GRI-LA RD IMPROVEMENT , TOTAL ,603, MONTH AVERAGE , STATE DRUG ENFORCEMENT - - 4, , STATE DRUG ENFORCEMENT , , STATE DRUG ENFORCEMENT - - 2, , STATE DRUG ENFORCEMENT - 3, , , STATE DRUG ENFORCEMENT , STATE DRUG ENFORCEMENT - 8, , , STATE DRUG ENFORCEMENT , /7/ :10 AM 18

33 ATTACHMENT D DATA IS FROM ACCOUNT STATEMENT REPORT (BY ACCOUNT BY MONTH) MONTH ACCOUNT NAME CHECKS DEBITS DEPOSITS & CREDITS TOTAL FUNDS AT END OF MONTH SUM OF ALL ACCOUNTS TOTAL FOR ALL ACCOUNTS 423, ,087, ,245, ,010, MONTH AVERAGE 35, ,923, ,853, ,834, ACCOUNT DETAIL 8 STATE DRUG ENFORCEMENT , STATE DRUG ENFORCEMENT - 2, , , STATE DRUG ENFORCEMENT , STATE DRUG ENFORCEMENT - 2, , , STATE DRUG ENFORCEMENT - 30, , TOTAL - 46, , , MONTH AVERAGE - 3, , , STATE DRUG ENFORCEMENT NON ADJ , , STATE DRUG ENFORCEMENT NON ADJ - 18, , STATE DRUG ENFORCEMENT NON ADJ , STATE DRUG ENFORCEMENT NON ADJ , STATE DRUG ENFORCEMENT NON ADJ , STATE DRUG ENFORCEMENT NON ADJ , STATE DRUG ENFORCEMENT NON ADJ , STATE DRUG ENFORCEMENT NON ADJ , TOTAL - 18, , , MONTH AVERAGE - 1, , , Strawbery/Indianola Debt , , Strawbery/Indianola Debt - - 4, , Strawbery/Indianola Debt - 13, , , Strawbery/Indianola Debt , Strawbery/Indianola Debt - - 4, , Strawbery/Indianola Debt , Strawbery/Indianola Debt - - 1, , Strawbery/Indianola Debt , Strawbery/Indianola Debt - 8, , Strawbery/Indianola Debt , /7/ :10 AM 19

34 ATTACHMENT D DATA IS FROM ACCOUNT STATEMENT REPORT (BY ACCOUNT BY MONTH) MONTH ACCOUNT NAME CHECKS DEBITS DEPOSITS & CREDITS TOTAL FUNDS AT END OF MONTH SUM OF ALL ACCOUNTS TOTAL FOR ALL ACCOUNTS 423, ,087, ,245, ,010, MONTH AVERAGE 35, ,923, ,853, ,834, ACCOUNT DETAIL 11 Strawbery/Indianola Debt , , Strawbery/Indianola Debt - - 7, , TOTAL - 21, , , MONTH AVERAGE - 1, , , STRAWBERRY LAKE SEWER DEBT , , STRAWBERRY LAKE SEWER DEBT , , STRAWBERRY LAKE SEWER DEBT - 336, , , STRAWBERRY LAKE SEWER DEBT , STRAWBERRY LAKE SEWER DEBT , , STRAWBERRY LAKE SEWER DEBT - - 1, , STRAWBERRY LAKE SEWER DEBT - - 1, , STRAWBERRY LAKE SEWER DEBT - - 1, , STRAWBERRY LAKE SEWER DEBT - 24, , , STRAWBERRY LAKE SEWER DEBT , STRAWBERRY LAKE SEWER DEBT , STRAWBERRY LAKE SEWER DEBT , , TOTAL - 361, , ,802, MONTH AVERAGE - 30, , , TAMARACK SEWER , , TAMARACK SEWER - 1, , , TAMARACK SEWER - 48, , , TAMARACK SEWER , TAMARACK SEWER , TAMARACK SEWER , TAMARACK SEWER , TAMARACK SEWER - - 4, , TAMARACK SEWER - 6, , /7/ :10 AM 20

35 ATTACHMENT D DATA IS FROM ACCOUNT STATEMENT REPORT (BY ACCOUNT BY MONTH) MONTH ACCOUNT NAME CHECKS DEBITS DEPOSITS & CREDITS TOTAL FUNDS AT END OF MONTH SUM OF ALL ACCOUNTS TOTAL FOR ALL ACCOUNTS 423, ,087, ,245, ,010, MONTH AVERAGE 35, ,923, ,853, ,834, ACCOUNT DETAIL 10 TAMARACK SEWER , TAMARACK SEWER , TAMARACK SEWER - - 4, , TOTAL - 57, , , MONTH AVERAGE - 4, , , TPA BLUE CROSS , , TPA BLUE CROSS , , , TPA BLUE CROSS , , TPA BLUE CROSS , , , TPA BLUE CROSS , , TPA BLUE CROSS , TPA BLUE CROSS 1, , , , TPA BLUE CROSS , , TPA BLUE CROSS , TPA BLUE CROSS , , , TPA BLUE CROSS , TPA BLUE CROSS - 1, , TOTAL 2, , , , MONTH AVERAGE , , , WASTE WATER TREATMENT PLANT WASTE WATER TREATMENT PLANT - 8, , WASTE WATER TREATMENT PLANT - 235, , WASTE WATER TREATMENT PLANT - 366, , WASTE WATER TREATMENT PLANT - 282, , WASTE WATER TREATMENT PLANT - 253, , WASTE WATER TREATMENT PLANT - 141, , WASTE WATER TREATMENT PLANT - 118, , /7/ :10 AM 21

36 ATTACHMENT D DATA IS FROM ACCOUNT STATEMENT REPORT (BY ACCOUNT BY MONTH) MONTH ACCOUNT NAME CHECKS DEBITS DEPOSITS & CREDITS TOTAL FUNDS AT END OF MONTH SUM OF ALL ACCOUNTS TOTAL FOR ALL ACCOUNTS 423, ,087, ,245, ,010, MONTH AVERAGE 35, ,923, ,853, ,834, ACCOUNT DETAIL 9 WASTE WATER TREATMENT PLANT - 180, , WASTE WATER TREATMENT PLANT - 79, , WASTE WATER TREATMENT PLANT - 98, , WASTE WATER TREATMENT PLANT - 163, , TOTAL - 1,927, ,927, MONTH AVERAGE - 160, , /7/ :10 AM 22

37 ATTACHMENT E

38 ATTACHMENT E TAX DISTRIBUTION CHART State Education $ 5,281, County Allocated $ 3,010, Brighton Schools $ 999, Livingston ISD $ 1,953, Pinckney Schools $ 7,627, Washtenaw ISD $ 206, Dexter Schools $ 591, Dexter Library $ 84, Veterans Relief $ 44, County ambulance $ 266, MCMA Parks $ 190, Township General Office $ 749, Township Police $ 1,330, Township Fire Operating $ 887, Township Fire Bond $ 348, Township Recreation $ 221, Township Library $ 392, Tax Administration Fee $ 257, Special Assessments $ 1,652,923.00

39 2011/12 Tax Distribution 1% 2% 1% 6% 1% 3% 20% State Education County Allocated Brighton Schools Livingston ISD Pinckney Schools Washtenaw ISD 1% 1% 0% 0% 1% 3% 2% 5% 12% Dexter Schools Dexter Library Veterans Relief County ambulance MCMA Parks Township General Office 4% Township Police Township Fire Operating 29% 7% Township Fire Bond Township Recreation Township Library Tax Administration Fee Special Assessments