Aguada Municipal Fiscal Health
Data for year: 2022. Municipalities with available data: 78
Financial performance grade
Saludable
B
Financial Health Ranking:
12 of 78
| Population | 37,666 |
|---|
Financial highlights
| Current assets | $ 36,389,093 |
|---|---|
| Current liabilities | $ 14,537,003 |
| Balance long term debt | $ 8,053,689 |
| Total assets | $ 84,475,730 |
| Total unrestricted net position | $ 9,083,330 |
| General revenues | $ 15,357,568 |
| Change in net assets | $ 9,406,808 |
| General fund revenues | $ 15,357,568 |
| Government fund expenditures | $ 14,305,475 |
| Excess / Deficiency general fund | $ 1,052,093 |
| Net change in fund balance (GF) | $ 3,368,171 |
| End of year fund balance (GF) | $ 10,479,892 |
| Debt service expenditures | $ 217,622 |
| Intergovermental funds (GF) | $ 4,594,381 |
| Fund balance all funds | $ 18,169,205 |
Financial indicators
| Net change in fund balance / Total revenue (GF) | 21.9% (13 of 78) |
|---|---|
| End of year fund balance (GF) / Total expenditures (FG) | 73.3% (14 of 78) |
| Current assets per capita | $ 966 (43 of 78) |
| Current assets / Current liabilities | 2.50 (34 of 78) |
| Debt service expenditures annual income | 0.7% (1 of 78) |
| Excess / Deficiency general fund / Revenues | 6.9% (29 of 78) |
| Fund balance all funds per capita | $ 482 (31 of 78) |
| Fund balance all funds / Long term liabilities | 225.6% (13 of 78) |
| Intergovermental funds (GF) / Revenues (GF) | 29.9% (54 of 78) |
| Total unrestricted net position / Total assets | 10.8% (7 of 78) |
Financial statements
Summary |
General Fund |
Other Funds |
Total Gov. Funds |
|---|---|---|---|
| Fund balance at end of fiscal year | 10,479,892 | 7,689,313 | 18,169,205 |
Revenues |
|||
| Property taxes | 2,855,718 | 2,002,686 | 4,858,404 |
| Municipal license taxes | 2,220,060 | 0 | 2,220,060 |
| Sales and use taxes | 1,762,085 | 1,328,103 | 3,090,188 |
| Intergovernmental: Commonwealth Government | 4,594,381 | 820,593 | 5,414,974 |
| Intergovernmental: Federal Government | 0 | 8,471,655 | 8,471,655 |
| Fees, fines and charges for services | 3,681,516 | 167,720 | 3,849,236 |
| Interest on deposits and investment income | 19,034 | 285 | 19,319 |
| Other | 224,774 | 91,267 | 316,041 |
| Total revenues | 15,357,568 | 12,882,309 | 28,239,877 |
Expenditures |
|||
| General government | 7,354,503 | 971,040 | 8,325,543 |
| Public works and sanitation | 4,499,121 | 4,713,158 | 9,212,279 |
| Public Safety | 585,087 | 170,341 | 755,428 |
| Culture and recreation | 902,593 | 14,439 | 917,032 |
| Health | 344,508 | 1,251,296 | 1,595,804 |
| Housing, welfare and community development | 293,297 | 1,064,458 | 1,357,755 |
| Education | 34,367 | 757,843 | 792,210 |
| Capital outlays | 291,999 | 3,609,862 | 3,901,861 |
| Debt Service: Principal | 0 | 160,000 | 160,000 |
| Debt Service: Interest | 0 | 57,622 | 57,622 |
| Total expenditures | 14,305,475 | 12,770,059 | 27,075,534 |
Surplus / (Deficit) |
|||
| Excess (Deficiency) of Revenues over expenditures | 1,052,093 | 112,250 | 1,164,343 |
Data for year: 2021. Municipalities with available data: 78
Financial performance grade
B
Financial Health Ranking:
18 of 78
| Population | 38,003 |
|---|
Financial highlights
| Current assets | $ 27,475,300 |
|---|---|
| Current liabilities | $ 8,547,451 |
| Balance long term debt | $ 11,655,086 |
| Total assets | $ 72,737,214 |
| Total unrestricted net position | $ -22,528,082 |
| General revenues | $ 13,801,605 |
| Change in net assets | $ 8,486,040 |
| General fund revenues | $ 11,842,158 |
| Government fund expenditures | $ 13,431,156 |
| Excess / Deficiency general fund | $ -1,588,998 |
| Net change in fund balance (GF) | $ 1,292,992 |
| End of year fund balance (GF) | $ 7,111,721 |
| Debt service expenditures | $ 394,096 |
| Intergovermental funds (GF) | $ 5,059,573 |
| Fund balance all funds | $ 15,630,297 |
Financial indicators
| Net change in fund balance / Total revenue (GF) | 10.9% (25 of 78) |
|---|---|
| End of year fund balance (GF) / Total expenditures (FG) | 52.9% (16 of 78) |
| Current assets per capita | $ 723 (42 of 78) |
| Current assets / Current liabilities | 3.21 (29 of 78) |
| Balance long term debt per capita | $ 307 (3 of 78) |
| General revenues / Balance long term debt | 202.5% (9 of 78) |
| Debt service expenditures annual income | 1.7% (5 of 78) |
| Excess / Deficiency general fund / Revenues | -13.4% (51 of 78) |
| Change in net assets / Revenues general fund | 61.5% (3 of 78) |
| Fund balance all funds per capita | $ 411 (28 of 78) |
| Fund balance all funds / Long term liabilities | 134.1% (12 of 78) |
| Intergovermental funds (GF) / Revenues (GF) | 42.7% (56 of 78) |
| Total unrestricted net position / Total assets | -31.0% (33 of 78) |
Financial statements
Summary |
General Fund |
Other Funds |
Total Gov. Funds |
|---|---|---|---|
| Fund balance (deficit) | 7,111,721 | 8,518,576 | 15,630,297 |
Revenues |
|||
| Property taxes | 3,082,588 | 1,480,404 | 4,562,992 |
| Municipal license taxes | 1,823,424 | 0 | 1,823,424 |
| Sales and use taxes | 1,668,774 | 1,147,550 | 2,816,324 |
| Intergovernmental: Commonwealth Government | 2,880,633 | 529,704 | 3,410,337 |
| Intergovernmental: Federal Government | 0 | 8,492,617 | 8,492,617 |
| Interest | 2,518 | 531 | 3,049 |
| Other | 205,281 | 71,953 | 277,234 |
| Total revenues | 11,842,158 | 11,759,026 | 23,601,184 |
Expenditures |
|||
| General government | 6,584,252 | 688,587 | 7,272,839 |
| Public works and sanitation | 3,998,883 | 499,018 | 4,497,901 |
| Public safety | 288,021 | 53,008 | 341,029 |
| Culture and recreation | 1,010,605 | 0 | 1,010,605 |
| Health | 194,999 | 987,416 | 1,182,415 |
| Education | 37,872 | 488,230 | 526,102 |
| Capital outlay | 1,056,550 | 1,697,800 | 2,754,350 |
| Debt service:Principal | 0 | 335,000 | 335,000 |
| Debt service:Interest | 0 | 59,096 | 59,096 |
| Total expenditures | 13,431,156 | 5,734,875 | 19,166,031 |
Surplus / (Deficit) |
|||
| Excess (deficiency) of revenues over (under) expenditures | -1,588,998 | 6,024,151 | 4,435,153 |
Data for year: 2020. Municipalities with available data: 72
Financial performance grade
C
Financial Health Ranking:
20 of 72
| Population | 38,136 |
|---|---|
| Area square miles | 31 |
| Number of public employees | 386 |
| Mayor's annual salary | $ 72,000 |
Financial highlights
| Current assets | $ 15,410,411 |
|---|---|
| Current liabilities | $ 5,352,440 |
| Balance long term debt | $ 11,119,790 |
| Total assets | $ 59,029,796 |
| Total unrestricted net position | $ 1,296,145 |
| General revenues | $ 12,280,576 |
| Change in net assets | $ -41,767 |
| General fund revenues | $ 12,250,664 |
| Government fund expenditures | $ 11,854,437 |
| Excess / Deficiency general fund | $ 396,227 |
| Net change in fund balance (GF) | $ 541,665 |
| End of year fund balance (GF) | $ 2,965,482 |
| Debt service expenditures | $ 520,440 |
| Intergovermental funds (GF) | $ 4,529,771 |
| Fund balance all funds | $ 9,161,726 |
Financial indicators
| Net change in fund balance / Total revenue (GF) | 4.4% (29 of 72) |
|---|---|
| End of year fund balance (GF) / Total expenditures (FG) | 25.0% (26 of 72) |
| Current assets per capita | $ 404 (49 of 72) |
| Current assets / Current liabilities | 2.88 (32 of 72) |
| Balance long term debt per capita | $ 292 (2 of 72) |
| General revenues / Balance long term debt | 160.1% (14 of 72) |
| Debt service expenditures annual income | 2.9% (5 of 72) |
| Excess / Deficiency general fund / Revenues | 3.2% (20 of 72) |
| Change in net assets / Revenues general fund | -0.3% (35 of 72) |
| Fund balance all funds per capita | $ 240 (37 of 72) |
| Fund balance all funds / Long term liabilities | 82.4% (17 of 72) |
| Intergovermental funds (GF) / Revenues (GF) | 37.0% (43 of 72) |
| Total unrestricted net position / Total assets | 2.2% (13 of 72) |
Financial statements
Summary |
General Fund |
Other Funds |
Total Gov. Funds |
|---|---|---|---|
| Fund balance at end of year | 2,965,482 | 6,196,244 | 9,161,726 |
Revenues |
|||
| Property Taxes | 3,228,510 | 973,221 | 4,201,731 |
| Municipal license taxes | 1,531,250 | 0 | 1,531,250 |
| Sales and use taxes | 1,471,529 | 757,749 | 2,229,278 |
| Intergovernmental: Commonwealth Government | 4,529,771 | 1,845,617 | 6,375,388 |
| Intergovernmental: Federal Government | 0 | 1,922,191 | 1,922,191 |
| Fees, fines and charges for services | 1,344,165 | 0 | 1,344,165 |
| Interest | 38,083 | 1,511 | 39,594 |
| Other | 107,356 | 49,685 | 157,041 |
| Total revenues | 12,250,664 | 5,549,974 | 17,800,638 |
Expenditures |
|||
| General government | 6,619,931 | 32,781 | 6,652,712 |
| Public works and sanitation | 2,832,309 | 2,471,052 | 5,303,361 |
| Public safety | 842,657 | 192,799 | 1,035,456 |
| Culture and recreation | 1,052,204 | 6,206 | 1,058,410 |
| Health | 97,499 | 0 | 97,499 |
| Housing, welfare and community development | 258,843 | 1,246,062 | 1,504,905 |
| Education | 46,855 | 778,918 | 825,773 |
| Capital Outlay | 104,139 | 285,943 | 390,082 |
| Debt service - Principal | 0 | 395,000 | 395,000 |
| Debt service - Interest | 0 | 125,440 | 125,440 |
| Total expenditures | 11,854,437 | 5,534,201 | 17,388,638 |
Surplus / (Deficit) |
|||
| Excess (deficiency) of revenue over expenditures | 396,227 | 15,773 | 412,000 |
Data for year: 2019. Municipalities with available data: 71
Financial performance grade
C
Financial Health Ranking:
33 of 71
| Population | 36,694 |
|---|---|
| Area square miles | 31 |
| Unemployment rate | 10.0% |
| Mayor's annual salary | $ 72,000 |
Financial highlights
| Current assets | $ 14,813,738 |
|---|---|
| Current liabilities | $ 4,883,252 |
| Balance long term debt | $ 63,494,535 |
| Total assets | $ 59,179,575 |
| Total net position | $ 1,998,647 |
| Total unrestricted net position | $ -44,660,642 |
| General revenues | $ 13,718,187 |
| Change in net assets | $ 1,048,065 |
| General fund revenues | $ 12,047,102 |
| Government fund expenditures | $ 26,120,134 |
| Excess / Deficiency general fund | $ 740,108 |
| Net change in fund balance (GF) | $ -460,251 |
| End of year fund balance (GF) | $ 2,423,817 |
| Debt service expenditures | $ 8,131,551 |
| Intergovermental funds (GF) | $ 3,844,276 |
| Fund balance all funds | $ 8,749,726 |
Financial indicators
| Net change in fund balance / Total revenue (GF) | -3.8% (63 of 71) |
|---|---|
| End of year fund balance (GF) / Total expenditures (FG) | 21.4% (26 of 71) |
| Current assets per capita | $ 404 (45 of 71) |
| Current assets / Current liabilities | 3.03 (36 of 71) |
| Balance long term debt per capita | $ 1,730 (5 of 71) |
| General revenues / Balance long term debt | 19.0% (14 of 71) |
| Debt service expenditures annual income | 42.0% (62 of 71) |
| Excess / Deficiency general fund / Revenues | 6.1% (23 of 71) |
| Change in net assets / Revenues general fund | 8.7% (40 of 71) |
| Fund balance all funds per capita | $ 238 (33 of 71) |
| Fund balance all funds / Long term liabilities | 13.8% (19 of 71) |
| Intergovermental funds (GF) / Revenues (GF) | 31.9% (37 of 71) |
| Total unrestricted net position / Total assets | 12.1% (10 of 71) |
Financial statements
Summary |
General Fund |
Other Funds |
Total Gov. Funds |
|---|---|---|---|
| Fund balance (deficit) at end of fiscal year | 2,423,817 | 6,325,909 | 8,749,726 |
Revenues |
|||
| Property taxes | 3,324,614 | 1,943,040 | 5,267,654 |
| Licenses, permit and fines | 1,313,004 | 0 | 1,313,004 |
| Sales and use tax | 1,332,841 | 1,092,083 | 2,424,924 |
| Intergovernmental Grants and Contributions: Commonwealth of Puerto Rico | 3,844,276 | 955,858 | 4,800,134 |
| Intergovernmental revenues: Federal grants and contributions | 0 | 2,937,425 | 2,937,425 |
| Fees, fines and charge for services | 1,701,943 | 65,630 | 1,767,573 |
| Interest and other | 59,909 | 135,826 | 195,735 |
| Other | 470,515 | 173,880 | 644,395 |
| Total revenues | 12,047,102 | 7,303,742 | 19,350,844 |
Expenditures |
|||
| General government | 5,527,727 | 0 | 5,527,727 |
| Public works | 3,341,290 | 4,278,615 | 7,619,905 |
| Public safety | 801,810 | 29,412 | 831,222 |
| Culture and recreation | 1,072,308 | 0 | 1,072,308 |
| Housing | 505,378 | 1,320,414 | 1,825,792 |
| Education | 58,481 | 881,870 | 940,351 |
| Capital outlays | 0 | 171,278 | 171,278 |
| Debt service: Principal | 0 | 7,807,751 | 7,807,751 |
| Debt service: Interest | 0 | 323,800 | 323,800 |
| Total expenditures | 11,306,994 | 14,813,140 | 26,120,134 |
Surplus / (Deficit) |
|||
| Excess (deficiency) of revenues over (under) expenditures | 740,108 | -7,509,398 | -6,769,290 |
Data for year: 2018. Municipalities with available data: 72
Financial performance grade
C
Financial Health Ranking:
32 of 72
| Population | 36,621 |
|---|---|
| Area square miles | 31 |
| Number of public employees | 540 |
| Unemployment rate | 10.7% |
| Mayor's annual salary | $ 72,000 |
Financial highlights
| Current assets | $ 20,064,817 |
|---|---|
| Current liabilities | $ 7,775,647 |
| Balance long term debt | $ 68,073,504 |
| Total assets | $ 65,602,874 |
| Total net position | $ 950,582 |
| Total unrestricted net position | $ -41,162,999 |
| General revenues | $ 13,734,900 |
| Change in net assets | $ 479,025 |
| General fund revenues | $ 13,552,820 |
| Government fund expenditures | $ 25,295,022 |
| Excess / Deficiency general fund | $ -974,562 |
| Net change in fund balance (GF) | $ 35,037 |
| End of year fund balance (GF) | $ 2,884,068 |
| Debt service expenditures | $ 1,693,474 |
| Intergovermental funds (GF) | $ 5,506,262 |
| Fund balance all funds | $ 10,456,325 |
Financial indicators
| Net change in fund balance / Total revenue (GF) | 0.3% (55 of 72) |
|---|---|
| End of year fund balance (GF) / Total expenditures (FG) | 19.9% (19 of 72) |
| Current assets per capita | $ 548 (36 of 72) |
| Current assets / Current liabilities | 2.58 (32 of 72) |
| Balance long term debt per capita | $ 444 (64 of 72) |
| General revenues / Balance long term debt | 162.2% (11 of 72) |
| Debt service expenditures annual income | 6.4% (54 of 72) |
| Excess / Deficiency general fund / Revenues | -7.2% (63 of 72) |
| Change in net assets / Revenues general fund | 3.5% (47 of 72) |
| Fund balance all funds per capita | $ 286 (30 of 72) |
| Fund balance all funds / Long term liabilities | 64.2% (17 of 72) |
| Intergovermental funds (GF) / Revenues (GF) | 40.6% (35 of 72) |
| Total unrestricted net position / Total assets | 16.2% (4 of 72) |
Financial statements
Summary |
General Fund |
Other Funds |
Total Gov. Funds |
|---|---|---|---|
| Fund balance (deficit) at end of fiscal year | 2,884,068 | 18,028,582 | 20,912,650 |
Revenues |
|||
| Property taxes | 2,802,406 | 1,083,324 | 3,885,730 |
| Licenses, permit and fines | 1,337,431 | 0 | 1,337,431 |
| Sales and use tax | 964,746 | 867,990 | 1,832,736 |
| Intergovernmental Grants and Contributions: Commonwealth of Puerto Rico | 5,506,262 | 1,016,763 | 6,523,025 |
| Intergovernmental revenues: Federal grants and contributions | 0 | 8,407,593 | 8,407,593 |
| Fees, fines and charge for services | 2,781,251 | 0 | 2,781,251 |
| Interest and other | 14,504 | 274,254 | 288,758 |
| Other | 146,220 | 421,041 | 567,261 |
| Total revenues | 13,552,820 | 12,070,965 | 25,623,785 |
Expenditures |
|||
| General government | 7,874,450 | 0 | 7,874,450 |
| Public works | 3,948,713 | 5,906,893 | 9,855,606 |
| Public safety | 830,524 | 190,331 | 1,020,855 |
| Culture and recreation | 1,049,547 | 5,695 | 1,055,242 |
| Health and welfare | 492,975 | 0 | 492,975 |
| Housing | 242,041 | 928,927 | 1,170,968 |
| Education | 66,420 | 1,782,303 | 1,848,723 |
| Capital outlays | 22,712 | 260,017 | 282,729 |
| Debt service: Principal | 0 | 1,081,000 | 1,081,000 |
| Debt service: Interest | 0 | 612,474 | 612,474 |
| Total expenditures | 14,527,382 | 10,767,640 | 25,295,022 |
Surplus / (Deficit) |
|||
| Excess (deficiency) of revenues over (under) expenditures | -974,562 | 1,632,088 | 657,526 |
Data for year: 2017. Municipalities with available data: 64
Financial performance grade
C
Financial Health Ranking:
24 of 64
| Population | 38,118 |
|---|---|
| Number of public employees | 513 |
| Unemployment rate | 11.1% |
| Mayor's annual salary | $ 79,200 |
Financial highlights
| Current assets | $ 14,651,172 |
|---|---|
| Current liabilities | $ 3,138,133 |
| Balance long term debt | $ 60,643,646 |
| Total assets | $ 61,660,725 |
| Total net position | $ 96,756 |
| Total unrestricted net position | $ -35,613 |
| General revenues | $ 13,841,158 |
| Change in net assets | $ -504,169 |
| General fund revenues | $ 14,803,404 |
| Government fund expenditures | $ 22,502,323 |
| Excess / Deficiency general fund | $ -1,404,370 |
| Net change in fund balance (GF) | $ -1,678,337 |
| End of year fund balance (GF) | $ 2,849,031 |
| Debt service expenditures | $ 1,672,418 |
| Intergovermental funds (GF) | $ 5,155,963 |
| Fund balance all funds | $ 10,127,562 |
Financial indicators
| Net change in fund balance / Total revenue (GF) | -11.3% (48 of 64) |
|---|---|
| End of year fund balance (GF) / Total expenditures (FG) | 17.6% (14 of 64) |
| Current assets per capita | $ 384 (37 of 64) |
| Current assets / Current liabilities | 4.67 (10 of 64) |
| Balance long term debt per capita | $ 1,591 (32 of 64) |
| General revenues / Balance long term debt | 22.8% (59 of 64) |
| Debt service expenditures annual income | 7.0% (52 of 64) |
| Excess / Deficiency general fund / Revenues | -9.5% (41 of 64) |
| Change in net assets / Revenues general fund | -3.4% (33 of 64) |
| Fund balance all funds per capita | $ 266 (23 of 64) |
| Fund balance all funds / Long term liabilities | 16.7% (24 of 64) |
| Intergovermental funds (GF) / Revenues (GF) | 34.8% (29 of 64) |
| Total unrestricted net position / Total assets | -0.1% (15 of 64) |
Financial statements
Summary |
General Fund |
Other Funds |
Total Gov. Funds |
|---|---|---|---|
| Excess (deficiency) of revenues over (under) expenditures | -1,404,370 | 2,659,456 | 1,255,086 |
Revenues |
|||
| Property taxes | 3,389,310 | 1,289,439 | 4,678,749 |
| Licenses, permit and fines | 1,386,775 | 0 | 1,386,775 |
| Sales and use tax | 1,175,697 | 855,314 | 2,031,011 |
| Intergovernmental Grants and Contributions: Commonwealth of Puerto Rico | 5,155,963 | 2,161,739 | 7,317,702 |
| Intergovernmental revenues: Federal grants and contributions | 0 | 4,358,770 | 4,358,770 |
| Fees, fines and charge for services | 3,227,013 | 0 | 3,227,013 |
| Interest and other | 21,248 | 231,438 | 252,686 |
| Other | 447,398 | 57,305 | 504,703 |
| Total revenues | 14,803,404 | 8,954,005 | 23,757,409 |
Expenditures |
|||
| General government | 7,214,147 | 38,571 | 7,252,718 |
| Debt service: Interest | 0 | 676,418 | 676,418 |
| Public works | 4,843,068 | 160,010 | 5,003,078 |
| Public safety | 1,015,800 | 1,018 | 1,016,818 |
| Culture and recreation | 1,526,732 | 4,133 | 1,530,865 |
| Health and welfare | 492,975 | 0 | 492,975 |
| Housing | 530,883 | 1,248,433 | 1,779,316 |
| Education | 65,364 | 2,252,597 | 2,317,961 |
| Capital outlays | 518,805 | 917,369 | 1,436,174 |
| Debt service: Principal | 0 | 996,000 | 996,000 |
| Total expenditures | 16,207,774 | 6,294,549 | 22,502,323 |
Surplus / (Deficit) |
|||
| Fund balance (deficit) at end of fiscal year | 2,849,031 | 7,278,531 | 10,127,562 |
Data for year: 2016. Municipalities with available data: 68
Financial performance grade
B
Financial Health Ranking:
19 of 68
| Population | 38,938 |
|---|---|
| Number of public employees | 522 |
| Unemployment rate | 13.6% |
| Mayor's annual salary | $ 79,200 |
Financial highlights
| Current assets | $ 17,060,513 |
|---|---|
| Current liabilities | $ 2,829,880 |
| Balance long term debt | $ 62,006,610 |
| Total assets | $ 64,317,612 |
| Total unrestricted net position | $ -41,936,977 |
| General revenues | $ 13,950,324 |
| Change in net assets | $ 1,522,318 |
| General fund revenues | $ 15,670,744 |
| Excess / Deficiency general fund | $ -421,149 |
| Net change in fund balance (GF) | $ -439,349 |
| End of year fund balance (GF) | $ 4,527,366 |
| Debt service expenditures | $ 1,757,352 |
| Intergovermental funds (GF) | $ 6,723,870 |
| Fund balance all funds | $ 10,337,414 |
Financial indicators
| Net change in fund balance / Total revenue (GF) | -2.8% (43 of 68) |
|---|---|
| End of year fund balance (GF) / Total expenditures (FG) | 28.1% (13 of 68) |
| Current assets per capita | $ 438 (39 of 68) |
| Current assets / Current liabilities | 6.03 (11 of 68) |
| Balance long term debt per capita | $ 483 (60 of 68) |
| General revenues / Balance long term debt | 74.2% (25 of 68) |
| Debt service expenditures annual income | 12.6% (35 of 68) |
| Excess / Deficiency general fund / Revenues | -2.7% (38 of 68) |
| Change in net assets / Revenues general fund | 10.9% (10 of 68) |
| Fund balance all funds per capita | $ 265 (32 of 68) |
| Fund balance all funds / Long term liabilities | 54.9% (15 of 68) |
| Intergovermental funds (GF) / Revenues (GF) | 42.9% (29 of 68) |
| Total unrestricted net position / Total assets | 2.0% (10 of 68) |
Financial statements
Summary |
General Fund |
Other Funds |
Total Gov. Funds |
|---|---|---|---|
| Fund balance (deficit) at end of fiscal year | 4,527,366 | 5,810,048 | 10,337,414 |
Revenues |
|||
| Property taxes | 2,150,630 | 1,468,786 | 3,619,416 |
| Licenses, permit and fines | 1,342,751 | 0 | 1,342,751 |
| Sales and use tax | 1,235,826 | 737,237 | 1,973,063 |
| Intergovernmental Grants and Contributions: Commonwealth of Puerto Rico | 6,723,870 | 1,099,012 | 7,822,882 |
| Intergovernmental revenues: Federal grants and contributions | 0 | 4,364,426 | 4,364,426 |
| Fees, fines and charge for services | 3,541,471 | 0 | 3,541,471 |
| Interest and other | 298,072 | 19,848 | 317,920 |
| Other | 378,124 | 1,343 | 379,467 |
| Total revenues | 15,670,744 | 7,690,652 | 23,361,396 |
Expenditures |
|||
| General government | 6,957,171 | 354,586 | 7,311,757 |
| Public works | 5,104,710 | 956,716 | 6,061,426 |
| Public safety | 975,280 | 58,038 | 1,033,318 |
| Culture and recreation | 1,629,270 | 16,674 | 1,645,944 |
| Health and welfare | 492,975 | 0 | 492,975 |
| Housing | 456,122 | 1,409,266 | 1,865,388 |
| Education | 37,110 | 1,746,301 | 1,783,411 |
| Capital outlays | 439,255 | 3,600,571 | 4,039,826 |
| Debt service: Principal | 0 | 1,066,000 | 1,066,000 |
| Debt service: Interest | 0 | 691,352 | 691,352 |
| Total expenditures | 16,091,893 | 9,899,504 | 25,991,397 |
Surplus / (Deficit) |
|||
| Excess (deficiency) of revenues over (under) expenditures | -421,149 | -2,208,852 | -2,630,001 |
Data for year: 2015. Municipalities with available data: 75
Financial performance grade
B
Financial Health Ranking:
21 of 75
| Population | 39,530 |
|---|---|
| Area square miles | 31 |
| Number of public employees | 530 |
| Unemployment rate | 14.1% |
| Mayor's annual salary | $ 79,200 |
Financial highlights
| Current assets | $ 18,363,294 |
|---|---|
| Current liabilities | $ 1,621,122 |
| Balance long term debt | $ 63,676,184 |
| Total assets | $ 63,258,699 |
| Total net position | $ -921,387 |
| Total unrestricted net position | $ 2,624,804 |
| General revenues | $ 14,246,667 |
| Change in net assets | $ -477,059 |
| General fund revenues | $ 16,256,476 |
| Government fund expenditures | $ 24,188,400 |
| Excess / Deficiency general fund | $ -19,841 |
| Net change in fund balance (GF) | $ 810,665 |
| End of year fund balance (GF) | $ 4,966,715 |
| Debt service expenditures | $ 1,726,260 |
| Intergovermental funds (GF) | $ 6,547,521 |
| Fund balance all funds | $ 12,967,415 |
Financial indicators
| Net change in fund balance / Total revenue (GF) | 5.0% (19 of 75) |
|---|---|
| End of year fund balance (GF) / Total expenditures (FG) | 20.5% (10 of 75) |
| Current assets per capita | $ 465 (38 of 75) |
| Current assets / Current liabilities | 11.33 (3 of 75) |
| Balance long term debt per capita | $ 518 (62 of 75) |
| General revenues / Balance long term debt | 69.6% (26 of 75) |
| Debt service expenditures annual income | 12.1% (41 of 75) |
| Excess / Deficiency general fund / Revenues | -0.1% (38 of 75) |
| Change in net assets / Revenues general fund | -3.3% (49 of 75) |
| Fund balance all funds per capita | $ 328 (30 of 75) |
| Fund balance all funds / Long term liabilities | 63.3% (11 of 75) |
| Intergovermental funds (GF) / Revenues (GF) | 40.3% (33 of 75) |
| Total unrestricted net position / Total assets | 4.1% (3 of 75) |
Financial statements
Summary |
General Fund |
Other Funds |
Total Gov. Funds |
|---|---|---|---|
| Fund balance (deficit) at end of fiscal year | 4,966,715 | 8,000,700 | 12,967,415 |
Revenues |
|||
| Commonwealth Government | 6,547,521 | 959,189 | 7,506,710 |
| Federal grants and contributions | 0 | 3,788,289 | 3,788,289 |
| Fees, fines and charge for services | 4,365,895 | 0 | 4,365,895 |
| Property taxes | 2,159,655 | 1,179,959 | 3,339,614 |
| Sales and use tax | 1,179,986 | 752,954 | 1,932,940 |
| Licenses, permit and fines | 1,619,393 | 0 | 1,619,393 |
| Other | 329,243 | 51,525 | 380,768 |
| Interest and other | 54,783 | 267,952 | 322,735 |
| Total revenues | 16,256,476 | 6,999,868 | 23,256,344 |
Expenditures |
|||
| General government | 7,243,510 | 318,278 | 7,561,788 |
| Public works | 5,332,615 | 644,140 | 5,976,755 |
| Bond issuance cost | 0 | 6,369 | 6,369 |
| Capital outlays | 466,523 | 2,114,931 | 2,581,454 |
| Housing | 423,438 | 1,478,954 | 1,902,392 |
| Education | 39,106 | 1,596,338 | 1,635,444 |
| Culture and recreation | 1,394,394 | 9,819 | 1,404,213 |
| Principal | 0 | 1,008,000 | 1,008,000 |
| Interest and other | 0 | 718,260 | 718,260 |
| Public safety | 883,756 | 16,994 | 900,750 |
| Health and welfare | 492,975 | 0 | 492,975 |
| Total expenditures | 16,276,317 | 7,912,083 | 24,188,400 |
Surplus / (Deficit) |
|||
| Excess (deficiency) of revenues over (under) expenditures | -19,841 | -912,215 | -932,056 |
Data for year: 2014. Municipalities with available data: 78
Financial performance grade
B
Financial Health Ranking:
10 of 78
| Population | 40,329 |
|---|---|
| Area square miles | 31 |
| Number of public employees | 405 |
| Unemployment rate | 17.2% |
| Mayor's annual salary | $ 86,400 |
| Number of years in office | 2 |
Financial highlights
| Current assets | $ 19,860,400 |
|---|---|
| Current liabilities | $ 3,171,010 |
| Balance long term debt | $ 21,280,501 |
| Total assets | $ 62,401,716 |
| Total net position | $ 40,028,139 |
| Total unrestricted net position | $ -1,922,753 |
| General revenues | $ 14,388,328 |
| Change in net assets | $ 2,875,899 |
| General fund revenues | $ 17,310,646 |
| Government fund expenditures | $ 17,021,790 |
| Excess / Deficiency general fund | $ 288,856 |
| Net change in fund balance (GF) | $ 1,729,403 |
| End of year fund balance (GF) | $ 4,156,049 |
| Debt service expenditures | $ 1,742,687 |
| Intergovermental funds (GF) | $ 6,426,765 |
| Fund balance all funds | $ 13,073,424 |
Financial indicators
| Net change in fund balance / Total revenue (GF) | 10.0% (21 of 78) |
|---|---|
| End of year fund balance (GF) / Total expenditures (FG) | 24.4% (15 of 78) |
| Current assets per capita | $ 492 (37 of 78) |
| Current assets / Current liabilities | 6.26 (6 of 78) |
| Balance long term debt per capita | $ 528 (67 of 78) |
| General revenues / Balance long term debt | 67.6% (32 of 78) |
| Debt service expenditures annual income | 12.1% (45 of 78) |
| Excess / Deficiency general fund / Revenues | 1.7% (39 of 78) |
| Change in net assets / Revenues general fund | 20.0% (9 of 78) |
| Fund balance all funds per capita | $ 324 (30 of 78) |
| Fund balance all funds / Long term liabilities | 61.4% (12 of 78) |
| Intergovermental funds (GF) / Revenues (GF) | 37.1% (41 of 78) |
| Total unrestricted net position / Total assets | -3.1% (16 of 78) |
Financial statements
Summary |
General Fund |
Other Funds |
Total Gov. Funds |
|---|---|---|---|
| Long term debt | 21,280,501 | 0 | 0 |
| Fund balance (deficit) at end of fiscal year | 4,156,049 | 8,917,375 | 13,073,424 |
Revenues |
|||
| Federal grants and contributions | 0 | 2,988,794 | 2,988,794 |
| Sales and use tax | 1,254,656 | 760,512 | 2,015,168 |
| Licenses, permit and fines | 1,633,217 | 0 | 1,633,217 |
| Interest and other | 60,851 | 270,841 | 331,692 |
| Other Revenue | 251,983 | 59,978 | 311,961 |
| Commonwealth Government | 6,426,765 | 1,643,199 | 8,069,964 |
| Charge for services | 4,852,389 | 0 | 4,852,389 |
| Property taxes | 2,830,785 | 1,374,057 | 4,204,842 |
| Total revenues | 17,310,646 | 7,097,381 | 24,408,027 |
Expenditures |
|||
| Housing | 440,791 | 1,362,558 | 1,803,349 |
| Education | 36,450 | 1,641,632 | 1,678,082 |
| Culture and recreation | 1,240,526 | 8,926 | 1,249,452 |
| Principal | 0 | 1,018,000 | 1,018,000 |
| Interest and other | 0 | 717,381 | 717,381 |
| Public safety | 691,626 | 0 | 691,626 |
| Health and Sanitation | 492,975 | 0 | 492,975 |
| Bond issuance cost | 0 | 7,306 | 7,306 |
| General government | 7,686,497 | 777,673 | 8,464,170 |
| Public works | 4,932,327 | 394,516 | 5,326,843 |
| Capital outlays | 1,500,598 | 2,018,768 | 3,519,366 |
| Total expenditures | 17,021,790 | 7,946,760 | 24,968,550 |
Surplus / (Deficit) |
|||
| Excess (deficiency) of revenues over (under) expenditures | 288,856 | -849,379 | -560,523 |
Data for year: 2013. Municipalities with available data: 78
Financial performance grade
B
Financial Health Ranking:
11 of 78
| Population | 40,759 |
|---|---|
| Area square miles | 31 |
| Number of public employees | 405 |
| Unemployment rate | 18.5% |
| Mayor's annual salary | $ 86,400 |
| Number of years in office | 2 |
Financial highlights
| Current assets | $ 19,308,298 |
|---|---|
| Current liabilities | $ 3,337,316 |
| Balance long term debt | $ 21,366,612 |
| Total assets | $ 59,750,871 |
| Total net position | $ 37,174,586 |
| Total unrestricted net position | $ -1,126,114 |
| General revenues | $ 13,678,682 |
| Change in net assets | $ 1,180,600 |
| General fund revenues | $ 16,166,486 |
| Government fund expenditures | $ 15,321,214 |
| Excess / Deficiency general fund | $ 845,272 |
| Net change in fund balance (GF) | $ 323,778 |
| End of year fund balance (GF) | $ 2,426,646 |
| Debt service expenditures | $ 1,622,021 |
| Intergovermental funds (GF) | $ 5,864,625 |
| Fund balance all funds | $ 13,128,946 |
Financial indicators
| Net change in fund balance / Total revenue (GF) | 2.0% (25 of 78) |
|---|---|
| End of year fund balance (GF) / Total expenditures (FG) | 15.8% (16 of 78) |
| Current assets per capita | $ 474 (38 of 78) |
| Current assets / Current liabilities | 5.79 (5 of 78) |
| Balance long term debt per capita | $ 524 (68 of 78) |
| General revenues / Balance long term debt | 64.0% (33 of 78) |
| Debt service expenditures annual income | 11.9% (47 of 78) |
| Excess / Deficiency general fund / Revenues | 5.2% (14 of 78) |
| Change in net assets / Revenues general fund | 8.6% (17 of 78) |
| Fund balance all funds per capita | $ 322 (31 of 78) |
| Fund balance all funds / Long term liabilities | 61.4% (9 of 78) |
| Intergovermental funds (GF) / Revenues (GF) | 36.3% (43 of 78) |
| Total unrestricted net position / Total assets | -1.9% (12 of 78) |
Financial statements
Summary |
General Fund |
Other Funds |
Total Gov. Funds |
|---|---|---|---|
| Long term debt | 21,366,612 | 0 | 0 |
| Fund balance (deficit) at end of fiscal year | 2,426,646 | 10,702,300 | 13,128,946 |
Revenues |
|||
| Sales and use tax | 1,298,579 | 786,863 | 2,085,442 |
| Federal grants and contributions | 0 | 1,994,882 | 1,994,882 |
| Licenses, permit and fines | 1,441,921 | 0 | 1,441,921 |
| Interest and other | 17,410 | 338,644 | 356,054 |
| Other Revenue | 162,272 | 69,347 | 231,619 |
| Commonwealth Government | 5,864,625 | 780,581 | 6,645,206 |
| Charge for services | 4,969,745 | 0 | 4,969,745 |
| Property taxes | 2,411,934 | 1,093,903 | 3,505,837 |
| Total revenues | 16,166,486 | 5,064,220 | 21,230,706 |
Expenditures |
|||
| Housing | 398,289 | 1,246,298 | 1,644,587 |
| Culture and recreation | 1,351,579 | 32 | 1,351,611 |
| Principal | 0 | 892,000 | 892,000 |
| Public safety | 819,096 | 18,831 | 837,927 |
| Interest and other | 0 | 713,610 | 713,610 |
| Health and Sanitation | 492,975 | 0 | 492,975 |
| Education | 29,650 | 0 | 29,650 |
| Bond issuance cost | 0 | 16,411 | 16,411 |
| General government | 6,561,684 | 468,920 | 7,030,604 |
| Public works | 5,209,072 | 225,589 | 5,434,661 |
| Capital outlays | 458,869 | 2,825,627 | 3,284,496 |
| Total expenditures | 15,321,214 | 6,407,318 | 21,728,532 |
Surplus / (Deficit) |
|||
| Excess (deficiency) of revenues over (under) expenditures | 845,272 | -1,343,098 | -497,826 |
Data for year: 2012. Municipalities with available data: 77
Financial performance grade
B
Financial Health Ranking:
12 of 77
| Population | 41,110 |
|---|---|
| Unemployment rate | 18.3% |
Financial highlights
| Current assets | $ 22,161,869 |
|---|---|
| Current liabilities | $ 8,730,908 |
| Balance long term debt | $ 16,853,137 |
| Total assets | $ 60,787,350 |
| Total net position | $ 35,203,305 |
| Total unrestricted net position | $ 2,397,548 |
| General revenues | $ 17,920,017 |
| Change in net assets | $ 3,808,975 |
| General fund revenues | $ 15,395,377 |
| Government fund expenditures | $ 15,067,221 |
| Excess / Deficiency general fund | $ 328,156 |
| Net change in fund balance (GF) | $ 696,833 |
| End of year fund balance (GF) | $ 2,209,807 |
| Debt service expenditures | $ 1,656,792 |
| Intergovermental funds (GF) | $ 7,893,018 |
| Fund balance all funds | $ 14,126,860 |
Financial indicators
| Net change in fund balance / Total revenue (GF) | 4.5% (18 of 77) |
|---|---|
| End of year fund balance (GF) / Total expenditures (FG) | 14.7% (21 of 77) |
| Current assets per capita | $ 539 (35 of 77) |
| Current assets / Current liabilities | 2.54 (33 of 77) |
| Balance long term debt per capita | $ 410 (74 of 77) |
| General revenues / Balance long term debt | 106.3% (7 of 77) |
| Debt service expenditures annual income | 9.2% (57 of 77) |
| Excess / Deficiency general fund / Revenues | 2.1% (22 of 77) |
| Change in net assets / Revenues general fund | 21.3% (8 of 77) |
| Fund balance all funds per capita | $ 344 (34 of 77) |
| Fund balance all funds / Long term liabilities | 83.8% (9 of 77) |
| Intergovermental funds (GF) / Revenues (GF) | 51.3% (27 of 77) |
| Total unrestricted net position / Total assets | 3.9% (4 of 77) |
Financial statements
Summary |
General Fund |
Other Funds |
Total Gov. Funds |
|---|---|---|---|
| No data available | |||
Revenues |
|||
| No data available | |||
Expenditures |
|||
| No data available | |||
Surplus / (Deficit) |
|||
| No data available | |||
Data for year: 2011. Municipalities with available data: 78
Financial performance grade
C
Financial Health Ranking:
38 of 78
| Population | 41,531 |
|---|---|
| Unemployment rate | 19.8% |
Financial highlights
| Current assets | $ 16,532,892 |
|---|---|
| Current liabilities | $ 7,545,588 |
| Balance long term debt | $ 13,113,828 |
| Total assets | $ 49,095,636 |
| Total net position | $ 28,436,220 |
| Total unrestricted net position | $ 600,169 |
| General revenues | $ 14,938,039 |
| Change in net assets | $ -18,740 |
| General fund revenues | $ 13,437,246 |
| Government fund expenditures | $ 14,058,993 |
| Excess / Deficiency general fund | $ -621,747 |
| Net change in fund balance (GF) | $ -751,462 |
| End of year fund balance (GF) | $ 1,512,974 |
| Debt service expenditures | $ 1,364,861 |
| Intergovermental funds (GF) | $ 6,938,718 |
| Fund balance all funds | $ 9,320,274 |
Financial indicators
| Net change in fund balance / Total revenue (GF) | -5.6% (67 of 78) |
|---|---|
| End of year fund balance (GF) / Total expenditures (FG) | 10.8% (22 of 78) |
| Current assets per capita | $ 398 (50 of 78) |
| Current assets / Current liabilities | 2.19 (41 of 78) |
| Balance long term debt per capita | $ 316 (75 of 78) |
| General revenues / Balance long term debt | 113.9% (11 of 78) |
| Debt service expenditures annual income | 9.1% (50 of 78) |
| Excess / Deficiency general fund / Revenues | -4.6% (50 of 78) |
| Change in net assets / Revenues general fund | -0.1% (55 of 78) |
| Fund balance all funds per capita | $ 224 (49 of 78) |
| Fund balance all funds / Long term liabilities | 71.1% (13 of 78) |
| Intergovermental funds (GF) / Revenues (GF) | 51.6% (25 of 78) |
| Total unrestricted net position / Total assets | 1.2% (7 of 78) |
Financial statements
Summary |
General Fund |
Other Funds |
Total Gov. Funds |
|---|---|---|---|
| No data available | |||
Revenues |
|||
| No data available | |||
Expenditures |
|||
| No data available | |||
Surplus / (Deficit) |
|||
| No data available | |||
Data for year: 2010. Municipalities with available data: 78
Financial performance grade
B
Financial Health Ranking:
22 of 78
| Population | 41,912 |
|---|---|
| Unemployment rate | 19.5% |
Financial highlights
| Current assets | $ 18,533,220 |
|---|---|
| Current liabilities | $ 6,903,853 |
| Balance long term debt | $ 14,472,865 |
| Total assets | $ 49,819,065 |
| Total net position | $ 28,442,347 |
| Total unrestricted net position | $ 2,480,521 |
| General revenues | $ 15,014,585 |
| Change in net assets | $ 1,583,572 |
| General fund revenues | $ 13,781,051 |
| Government fund expenditures | $ 13,698,557 |
| Excess / Deficiency general fund | $ 82,494 |
| Net change in fund balance (GF) | $ -79,348 |
| End of year fund balance (GF) | $ 2,264,436 |
| Debt service expenditures | $ 1,366,512 |
| Intergovermental funds (GF) | $ 6,317,949 |
| Fund balance all funds | $ 11,857,107 |
Financial indicators
| Net change in fund balance / Total revenue (GF) | -0.6% (40 of 78) |
|---|---|
| End of year fund balance (GF) / Total expenditures (FG) | 16.5% (13 of 78) |
| Current assets per capita | $ 442 (38 of 78) |
| Current assets / Current liabilities | 2.68 (33 of 78) |
| Balance long term debt per capita | $ 345 (72 of 78) |
| General revenues / Balance long term debt | 103.7% (15 of 78) |
| Debt service expenditures annual income | 9.1% (50 of 78) |
| Excess / Deficiency general fund / Revenues | 0.6% (34 of 78) |
| Change in net assets / Revenues general fund | 10.5% (30 of 78) |
| Fund balance all funds per capita | $ 283 (38 of 78) |
| Fund balance all funds / Long term liabilities | 81.9% (11 of 78) |
| Intergovermental funds (GF) / Revenues (GF) | 45.8% (30 of 78) |
| Total unrestricted net position / Total assets | 5.0% (3 of 78) |
Financial statements
Summary |
General Fund |
Other Funds |
Total Gov. Funds |
|---|---|---|---|
| No data available | |||
Revenues |
|||
| No data available | |||
Expenditures |
|||
| No data available | |||
Surplus / (Deficit) |
|||
| No data available | |||