Board Presentation For Year Ended December 31, 2017 Charter - - PowerPoint PPT Presentation

Board Presentation

For Year Ended December 31, 2017

Charter Township of Shelby Revenue – All Governmental Funds Years Ended December 31

• 5,000

10,000 15,000 20,000 25,000 30,000 Property Taxes State Sources Charges for Services Fines & Permits Investment Income Net Transfers & Other 2015 26,737,786 6,386,349 5,407,225 5,292,621 164,048 906,554 2016 27,722,549 7,142,796 5,553,733 5,657,143 322,568 1,106,859 2017 28,187,548 7,581,613 5,939,997 6,495,989 517,228 14,692,316

Thousands

2015 2016 2017

2

*

*Includes $14,293,231 transfer from Shelby Manor Fund

Charter Township of Shelby Expenditures – All Governmental Funds Years Ended December 31

• 5,000

10,000 15,000 20,000 25,000 30,000 General Government Public Safety Debt Service Public Works Recreation and Culture District Court Capital Outlay 2015 7,075,261 24,111,430 1,003,561 718,858 3,491,637 2,316,957 3,474,698 2016 7,643,285 25,489,680 1,003,535 775,416 3,630,689 2,471,302 3,884,416 2017 12,726,517 25,793,714 1,103,885 936,509 3,576,649 2,486,759 4,764,505

Thousands

2015 2016 2017

3

*

*Includes $5,000,000 contribution to the Retiree Healthcare Trust

Charter Township of Shelby General Fund Revenues & Expenditures Years Ended December 31

2015 2016 2017 Total Revenues $15,347,479 $16,313,990 $17,054,240 Transfers In $64,376 $7,700 $14,296,231 Total Expenditures $9,783,168 $10,807,724 $15,782,150 Transfers Out $4,915,644 $7,122,927 $15,965,767 Fund Balance $14,078,683 $12,469,722 $12,072,276 $- $2,000,000 $4,000,000 $6,000,000 $8,000,000 $10,000,000 $12,000,000 $14,000,000 $16,000,000 $18,000,000

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*Includes a $5,000,000 contribution to the Retiree Healthcare Trust ** Transfers to Public Improvement Fund are $2,184,838, $4,625,554, and $13,447,390 for 2015, 2016, and 2017 respectively.

* **

Charter Township of Shelby Fire and Police – Fund Balance As of December 31

2015 2016 2017 2015 2016 2017 Fund Balance $9,098,535 $9,544,016 $9,170,220 $2,175,256 $3,165,197 $3,922,487 $- $2,000,000 $4,000,000 $6,000,000 $8,000,000 $10,000,000 $12,000,000

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Fire Fund Police Fund

Charter Township of Shelby Water & Sewer Operations Years Ended December 31

2015 2016 2017 Total operating revenues $23,023,241 $27,273,120 $26,748,360 Total operating expenses $24,002,227 $26,013,960 $29,784,431 Unrestricted Net Position $38,726,114 $43,356,546 $44,616,590 $- $5,000,000 $10,000,000 $15,000,000 $20,000,000 $25,000,000 $30,000,000 $35,000,000 $40,000,000 $45,000,000 $50,000,000

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THANK YOU