Carolina Municipal Fiscal Health
Data for year: 2020. Municipalities with available data: 72
Financial performance grade
D
Financial Health Ranking:
45 of 72
Population | 154,815 |
---|---|
Area square miles | 45 |
Number of public employees | 1,894 |
Mayor's annual salary | $ 98,400 |
Financial highlights
Current assets | $ 147,229,993 |
---|---|
Current liabilities | $ 73,407,470 |
Balance long term debt | $ 273,775,936 |
Total assets | $ 2,143,364,544 |
Total unrestricted net position | $ -9,232,550 |
General revenues | $ 136,935,594 |
Change in net assets | $ 15,548,148 |
General fund revenues | $ 113,370,063 |
Government fund expenditures | $ 109,190,005 |
Excess / Deficiency general fund | $ 4,180,058 |
Net change in fund balance (GF) | $ 5,892,519 |
End of year fund balance (GF) | $ 18,461,462 |
Debt service expenditures | $ 38,990,869 |
Intergovermental funds (GF) | $ 5,916,060 |
Fund balance all funds | $ 49,517,078 |
Financial indicators
Net change in fund balance / Total revenue (GF) | 5.2% (27 of 72) |
---|---|
End of year fund balance (GF) / Total expenditures (FG) | 16.9% (30 of 72) |
Current assets per capita | $ 951 (15 of 72) |
Current assets / Current liabilities | 2.01 (47 of 72) |
Balance long term debt per capita | $ 1,768 (65 of 72) |
General revenues / Balance long term debt | 64.3% (60 of 72) |
Debt service expenditures annual income | 22.2% (71 of 72) |
Excess / Deficiency general fund / Revenues | 3.7% (18 of 72) |
Change in net assets / Revenues general fund | 11.4% (20 of 72) |
Fund balance all funds per capita | $ 320 (27 of 72) |
Fund balance all funds / Long term liabilities | 18.1% (45 of 72) |
Intergovermental funds (GF) / Revenues (GF) | 5.2% (4 of 72) |
Total unrestricted net position / Total assets | -0.4% (16 of 72) |
Financial statements
Summary |
General Fund |
Other Funds |
Total Gov. Funds |
---|---|---|---|
Fund balance at end of year | 18,461,462 | 49,517,078 | 31,055,616 |
Revenues |
|||
Property Taxes | 45,232,400 | 74,413,027 | 29,180,627 |
Volume of Business Taxes | 30,547,390 | 30,547,390 | 0 |
Sales taxes | 17,452,069 | 20,428,462 | 2,976,393 |
Construction excise and permits | 3,151,822 | 3,151,822 | 0 |
Fines and forfeitures | 390,775 | 396,425 | 5,650 |
Federal Grants | 4,109,927 | 32,228,884 | 28,118,957 |
Interest income | 733,597 | 737,043 | 3,446 |
Intergovermental grants | 5,916,060 | 5,916,060 | 0 |
Rental income and charges for services | 5,494,563 | 7,540,903 | 2,046,340 |
Landfill and Recycling | 341,460 | 341,460 | 0 |
Other | 0 | 232,644 | 232,644 |
Total Revenues | 113,370,063 | 175,934,120 | 62,564,057 |
Expenditures |
|||
General government | 45,115,541 | 45,115,541 | 0 |
Public safety | 22,271,082 | 23,854,500 | 1,583,418 |
Public works, streets and transportation | 7,569,628 | 12,900,726 | 5,331,098 |
Sanitation | 18,263,865 | 18,263,865 | 0 |
Health | 1,560,273 | 1,560,273 | 0 |
Recreations and sports | 4,481,222 | 5,202,353 | 721,131 |
Education and training | 2,370,245 | 12,267,927 | 9,897,682 |
Housing and buildings | 4,022,256 | 9,850,435 | 5,828,179 |
Economic development | 0 | 687,808 | 687,808 |
Welfare | 3,535,893 | 4,610,741 | 1,074,848 |
Employment opportunity | 0 | 2,690,957 | 2,690,957 |
Debt service - Principal | 0 | 26,478,000 | 26,478,000 |
Debt service - Interest | 0 | 12,512,869 | 12,512,869 |
Total expenditures | 109,190,005 | 175,995,995 | 66,805,990 |
Surplus / (Deficit) |
|||
Excess (deficiency) of revenue over expenditures | 4,180,058 | -61,875 | -4,241,933 |
Data for year: 2019. Municipalities with available data: 71
Financial performance grade
C
Financial Health Ranking:
36 of 71
Population | 146,984 |
---|---|
Area square miles | 45 |
Unemployment rate | 5.8% |
Mayor's annual salary | $ 98,400 |
Financial highlights
Current assets | $ 164,765,969 |
---|---|
Current liabilities | $ 53,091,407 |
Balance long term debt | $ 622,797,188 |
Total assets | $ 2,131,947,289 |
Total net position | $ 1,460,549,622 |
Total unrestricted net position | $ -288,750,443 |
General revenues | $ 148,623,417 |
Change in net assets | $ 13,956,047 |
General fund revenues | $ 116,346,204 |
Government fund expenditures | $ 191,102,077 |
Excess / Deficiency general fund | $ 6,755,427 |
Net change in fund balance (GF) | $ -548,629 |
End of year fund balance (GF) | $ 12,568,943 |
Debt service expenditures | $ 41,593,252 |
Intergovermental funds (GF) | $ 12,941,122 |
Fund balance all funds | $ 46,488,053 |
Financial indicators
Net change in fund balance / Total revenue (GF) | -0.5% (60 of 71) |
---|---|
End of year fund balance (GF) / Total expenditures (FG) | 11.5% (36 of 71) |
Current assets per capita | $ 1,121 (10 of 71) |
Current assets / Current liabilities | 3.10 (35 of 71) |
Balance long term debt per capita | $ 4,237 (70 of 71) |
General revenues / Balance long term debt | 18.7% (65 of 71) |
Debt service expenditures annual income | 22.5% (44 of 71) |
Excess / Deficiency general fund / Revenues | 5.8% (26 of 71) |
Change in net assets / Revenues general fund | 12.0% (38 of 71) |
Fund balance all funds per capita | $ 316 (24 of 71) |
Fund balance all funds / Long term liabilities | 7.5% (44 of 71) |
Intergovermental funds (GF) / Revenues (GF) | 11.1% (19 of 71) |
Total unrestricted net position / Total assets | 0.4% (25 of 71) |
Financial statements
Summary |
General Fund |
Other Funds |
Total Gov. Funds |
---|---|---|---|
Fund balance (deficit) at end of fiscal year | 12,568,943 | 46,488,053 | 33,919,110 |
Revenues |
|||
Property taxes | 41,235,387 | 76,732,396 | 35,497,009 |
Volume of business tax | 29,247,938 | 29,247,938 | 0 |
Sales and use tax | 20,332,643 | 24,102,561 | 3,769,918 |
Construction excise and permits | 3,918,277 | 3,918,277 | 0 |
Fines and forfeitures | 357,095 | 364,622 | 7,527 |
Federal grants and contributions | 1,666,331 | 27,004,238 | 25,337,907 |
Interest and other | 10,006 | 11,693 | 1,687 |
Intergovernmental grants and contributions | 12,941,122 | 12,941,122 | 0 |
Charge for services | 5,345,625 | 7,775,333 | 2,429,708 |
Landfill | 322,590 | 322,590 | 0 |
Rent | 36,763 | 522,141 | 485,378 |
Other | 932,427 | 2,071,876 | 1,139,449 |
Total revenues | 116,346,204 | 185,014,787 | 68,668,583 |
Expenditures |
|||
General government | 56,484,021 | 56,484,021 | 0 |
Public safety | 16,020,774 | 22,676,982 | 6,656,208 |
Public works | 7,145,454 | 14,199,774 | 7,054,320 |
Health and Sanitation | 17,217,866 | 17,217,866 | 0 |
Health and welfare | 0 | 0 | 0 |
Recreation and sports | 2,782,268 | 4,458,238 | 1,675,970 |
Education | 2,608,983 | 12,881,184 | 10,272,201 |
Housing | 3,830,340 | 10,047,814 | 6,217,474 |
Economic Development | 0 | 3,052,373 | 3,052,373 |
Human Service and welfare | 3,501,071 | 5,534,220 | 2,033,149 |
Debt service: Principal | 0 | 26,732,000 | 26,732,000 |
Debt service: Interest | 0 | 14,861,252 | 14,861,252 |
Total expenditures | 109,590,777 | 191,102,077 | 81,511,300 |
Surplus / (Deficit) |
|||
Excess (deficiency) of revenues over (under) expenditures | 6,755,427 | -6,087,290 | -12,842,717 |
Data for year: 2018. Municipalities with available data: 72
Financial performance grade
D
Financial Health Ranking:
54 of 72
Population | 147,661 |
---|---|
Area square miles | 45 |
Number of public employees | 1,814 |
Unemployment rate | 6.9% |
Mayor's annual salary | $ 98,400 |
Financial highlights
Current assets | $ 179,103,583 |
---|---|
Current liabilities | $ 95,327,998 |
Balance long term debt | $ 624,640,550 |
Total assets | $ 2,206,128,749 |
Total net position | $ 1,441,788,646 |
Total unrestricted net position | $ -233,457,538 |
General revenues | $ 141,303,183 |
Change in net assets | $ -16,207,516 |
General fund revenues | $ 128,482,217 |
Government fund expenditures | $ 196,403,510 |
Excess / Deficiency general fund | $ 2,506,684 |
Net change in fund balance (GF) | $ 2,172,222 |
End of year fund balance (GF) | $ 13,117,572 |
Debt service expenditures | $ 40,464,868 |
Intergovermental funds (GF) | $ 14,783,808 |
Fund balance all funds | $ 47,083,064 |
Financial indicators
Net change in fund balance / Total revenue (GF) | 1.7% (43 of 72) |
---|---|
End of year fund balance (GF) / Total expenditures (FG) | 10.4% (23 of 72) |
Current assets per capita | $ 1,213 (9 of 72) |
Current assets / Current liabilities | 1.88 (47 of 72) |
Balance long term debt per capita | $ 2,223 (4 of 72) |
General revenues / Balance long term debt | 56.8% (63 of 72) |
Debt service expenditures annual income | 21.7% (2 of 72) |
Excess / Deficiency general fund / Revenues | 2.0% (40 of 72) |
Change in net assets / Revenues general fund | -11.5% (62 of 72) |
Fund balance all funds per capita | $ 319 (25 of 72) |
Fund balance all funds / Long term liabilities | 14.3% (47 of 72) |
Intergovermental funds (GF) / Revenues (GF) | 11.5% (60 of 72) |
Total unrestricted net position / Total assets | 2.9% (19 of 72) |
Financial statements
Summary |
General Fund |
Other Funds |
Total Gov. Funds |
---|---|---|---|
Fund balance (deficit) at end of fiscal year | 13,117,572 | 47,083,064 | 33,965,492 |
Revenues |
|||
Property taxes | 39,829,906 | 65,069,096 | 25,239,190 |
Volume of business tax | 28,852,057 | 28,852,057 | 0 |
Sales and use tax | 18,586,484 | 26,106,784 | 7,520,300 |
Construction excise and permits | 5,778,183 | 5,778,183 | 0 |
Fines and forfeitures | 248,697 | 259,719 | 11,022 |
Federal grants and contributions | 17,129,232 | 42,376,267 | 25,247,035 |
Interest and other | 75,724 | 79,758 | 4,034 |
Intergovernmental grants and contributions | 14,783,808 | 14,783,808 | 0 |
Charge for services | 2,168,137 | 3,906,705 | 1,738,568 |
Landfill | 536,638 | 536,638 | 0 |
Rent | 83,791 | 393,567 | 309,776 |
Other | 409,560 | 1,557,290 | 1,147,730 |
Total revenues | 128,482,217 | 189,699,872 | 61,217,655 |
Expenditures |
|||
General government | 50,390,797 | 50,390,797 | 0 |
Public safety | 30,047,820 | 33,691,028 | 3,643,208 |
Public works | 8,346,360 | 14,576,832 | 6,230,472 |
Health and Sanitation | 17,691,663 | 17,691,663 | 0 |
Health and welfare | 7,889,022 | 7,889,022 | 0 |
Recreation and sports | 2,505,212 | 3,785,901 | 1,280,689 |
Education | 2,552,040 | 12,073,765 | 9,521,725 |
Housing | 2,945,423 | 8,482,515 | 5,537,092 |
Economic Development | 0 | 2,140,396 | 2,140,396 |
Human Service and welfare | 3,607,196 | 4,562,424 | 955,228 |
Debt service | 0 | 0 | 0 |
Principal | 0 | 25,956,000 | 25,956,000 |
Interest and other | 0 | 14,508,868 | 14,508,868 |
Total expenditures | 125,975,533 | 196,403,510 | 70,427,977 |
Surplus / (Deficit) |
|||
Excess (deficiency) of revenues over (under) expenditures | 2,506,684 | -6,703,638 | -9,210,322 |
Data for year: 2017. Municipalities with available data: 64
Financial performance grade
D
Financial Health Ranking:
45 of 64
Population | 154,489 |
---|---|
Number of public employees | 1,872 |
Unemployment rate | 6.7% |
Mayor's annual salary | $ 98,400 |
Financial highlights
Current assets | $ 155,529,891 |
---|---|
Current liabilities | $ 66,230,723 |
Balance long term debt | $ 349,921,110 |
Total assets | $ 2,135,005,811 |
Total net position | $ 1,681,767,951 |
Total unrestricted net position | $ 7,248,563 |
General revenues | $ 130,189,480 |
Change in net assets | $ -19,797,579 |
General fund revenues | $ 120,065,384 |
Government fund expenditures | $ 203,953,773 |
Excess / Deficiency general fund | $ -767,365 |
Net change in fund balance (GF) | $ -7,093,038 |
End of year fund balance (GF) | $ 10,945,350 |
Debt service expenditures | $ 40,659,161 |
Intergovermental funds (GF) | $ 14,991,421 |
Fund balance all funds | $ 51,710,219 |
Financial indicators
Net change in fund balance / Total revenue (GF) | -5.9% (36 of 64) |
---|---|
End of year fund balance (GF) / Total expenditures (FG) | 9.1% (20 of 64) |
Current assets per capita | $ 1,007 (9 of 64) |
Current assets / Current liabilities | 2.35 (33 of 64) |
Balance long term debt per capita | $ 2,265 (16 of 64) |
General revenues / Balance long term debt | 37.2% (36 of 64) |
Debt service expenditures annual income | 22.8% (2 of 64) |
Excess / Deficiency general fund / Revenues | -0.6% (21 of 64) |
Change in net assets / Revenues general fund | -16.5% (50 of 64) |
Fund balance all funds per capita | $ 335 (19 of 64) |
Fund balance all funds / Long term liabilities | 14.8% (25 of 64) |
Intergovermental funds (GF) / Revenues (GF) | 12.5% (48 of 64) |
Total unrestricted net position / Total assets | 0.3% (13 of 64) |
Financial statements
Summary |
General Fund |
Other Funds |
Total Gov. Funds |
---|---|---|---|
Excess (deficiency) of revenues over (under) expenditures | -767,365 | -25,907,035 | -25,139,670 |
Revenues |
|||
Property taxes | 49,278,090 | 78,897,779 | 29,619,689 |
Landfill | 962,621 | 962,621 | 0 |
Rent | 79,040 | 2,197,205 | 2,118,165 |
Other | 743,714 | 1,770,031 | 1,026,317 |
Licenses, permit and fines | 28,505,841 | 28,505,841 | 0 |
Sales and use tax | 19,221,046 | 22,206,373 | 2,985,327 |
Construction excise and permits | 2,590,981 | 2,590,981 | 0 |
Fines and forfeitures | 329,225 | 338,445 | 9,220 |
Federal grants and contributions | 0 | 21,379,874 | 21,379,874 |
Interest and other | 204,104 | 210,227 | 6,123 |
Intergovernmental grants and contributions | 14,991,421 | 15,020,367 | 28,946 |
Charge for services | 3,159,301 | 3,966,994 | 807,693 |
Total revenues | 120,065,384 | 178,046,738 | 57,981,354 |
Expenditures |
|||
General government | 51,068,863 | 51,068,863 | 0 |
Human Service and welfare | 4,471,560 | 5,684,886 | 1,213,326 |
Economic Development | 0 | 2,648,965 | 2,648,965 |
Debt service: Principal | 0 | 27,757,500 | 27,757,500 |
Debt service: Interest | 0 | 12,901,661 | 12,901,661 |
Public safety | 15,496,147 | 15,611,203 | 115,056 |
Public works | 8,810,816 | 26,604,805 | 17,793,989 |
Health and Sanitation | 21,166,253 | 21,166,253 | 0 |
Health and welfare | 7,889,022 | 7,889,022 | 0 |
Recreation and sports | 3,716,560 | 6,198,213 | 2,481,653 |
Education | 3,762,748 | 13,049,206 | 9,286,458 |
Housing | 4,450,780 | 11,400,261 | 6,949,481 |
Total expenditures | 120,832,749 | 203,953,773 | 83,121,024 |
Surplus / (Deficit) |
|||
Fund balance (deficit) at end of fiscal year | 10,945,350 | 51,710,219 | 40,764,869 |
Data for year: 2016. Municipalities with available data: 68
Financial performance grade
C
Financial Health Ranking:
34 of 68
Population | 158,457 |
---|---|
Number of public employees | 2,009 |
Unemployment rate | 8.6% |
Mayor's annual salary | $ 98,400 |
Financial highlights
Current assets | $ 199,584,456 |
---|---|
Current liabilities | $ 73,395,504 |
Balance long term debt | $ 367,279,728 |
Total assets | $ 2,172,459,014 |
Total unrestricted net position | $ 10,094,946 |
General revenues | $ 154,767,257 |
Change in net assets | $ -1,916,550 |
General fund revenues | $ 119,410,506 |
Excess / Deficiency general fund | $ -3,672,577 |
Net change in fund balance (GF) | $ 2,222,641 |
End of year fund balance (GF) | $ 18,038,388 |
Debt service expenditures | $ 38,465,007 |
Intergovermental funds (GF) | $ 11,307,196 |
Fund balance all funds | $ 98,505,612 |
Financial indicators
Net change in fund balance / Total revenue (GF) | 1.9% (25 of 68) |
---|---|
End of year fund balance (GF) / Total expenditures (FG) | 14.7% (23 of 68) |
Current assets per capita | $ 1,260 (8 of 68) |
Current assets / Current liabilities | 2.72 (39 of 68) |
Balance long term debt per capita | $ 2,318 (5 of 68) |
General revenues / Balance long term debt | 42.1% (61 of 68) |
Debt service expenditures annual income | 24.9% (3 of 68) |
Excess / Deficiency general fund / Revenues | -3.1% (40 of 68) |
Change in net assets / Revenues general fund | -1.2% (34 of 68) |
Fund balance all funds per capita | $ 622 (8 of 68) |
Fund balance all funds / Long term liabilities | 26.8% (32 of 68) |
Intergovermental funds (GF) / Revenues (GF) | 9.5% (61 of 68) |
Total unrestricted net position / Total assets | 0.5% (13 of 68) |
Financial statements
Summary |
General Fund |
Other Funds |
Total Gov. Funds |
---|---|---|---|
Fund balance (deficit) at end of fiscal year | 18,038,388 | 98,505,612 | 80,467,224 |
Revenues |
|||
Property taxes | 49,852,213 | 85,117,239 | 35,265,026 |
Licenses, permit and fines | 28,588,865 | 28,588,865 | 0 |
Sales and use tax | 19,911,478 | 24,338,050 | 4,426,572 |
Construction excise and permits | 4,418,943 | 4,418,943 | 0 |
Fines and forfeitures | 213,708 | 233,258 | 19,550 |
Federal grants and contributions | 0 | 17,591,299 | 17,591,299 |
Interest and other | 302,765 | 312,643 | 9,878 |
Intergovernmental grants and contributions | 11,307,196 | 11,307,196 | 0 |
Charge for services | 2,839,381 | 3,871,806 | 1,032,425 |
Landfill | 1,025,898 | 1,025,898 | 0 |
Rent | 118,200 | 2,676,650 | 2,558,450 |
Other | 831,859 | 1,952,347 | 1,120,488 |
Total revenues | 119,410,506 | 181,434,194 | 62,023,688 |
Expenditures |
|||
General government | 52,593,071 | 52,593,071 | 0 |
Public safety | 16,517,645 | 16,590,787 | 73,142 |
Public works | 8,099,382 | 27,003,385 | 18,904,003 |
Health and Sanitation | 20,795,178 | 20,795,178 | 0 |
Health and welfare | 7,889,305 | 7,889,305 | 0 |
Recreation and sports | 3,901,152 | 6,850,441 | 2,949,289 |
Education | 4,245,324 | 13,848,096 | 9,602,772 |
Housing | 4,438,723 | 10,809,524 | 6,370,801 |
Economic Development | 0 | 2,131,344 | 2,131,344 |
Human Service and welfare | 4,603,303 | 5,976,685 | 1,373,382 |
Debt service: Principal | 0 | 25,695,000 | 25,695,000 |
Debt service: Interest | 0 | 12,770,007 | 12,770,007 |
Total expenditures | 123,083,083 | 208,160,833 | 85,077,750 |
Surplus / (Deficit) |
|||
Excess (deficiency) of revenues over (under) expenditures | -3,672,577 | -26,726,639 | -23,054,062 |
Data for year: 2015. Municipalities with available data: 75
Financial performance grade
C
Financial Health Ranking:
38 of 75
Population | 161,884 |
---|---|
Area square miles | 48 |
Number of public employees | 2,316 |
Unemployment rate | 8.9% |
Mayor's annual salary | $ 98,400 |
Financial highlights
Current assets | $ 211,941,166 |
---|---|
Current liabilities | $ 94,720,418 |
Balance long term debt | $ 380,233,649 |
Total assets | $ 2,175,089,869 |
Total net position | $ 1,704,378,827 |
Total unrestricted net position | $ 31,330,010 |
General revenues | $ 171,392,176 |
Change in net assets | $ -4,371,399 |
General fund revenues | $ 132,924,724 |
Government fund expenditures | $ 241,706,621 |
Excess / Deficiency general fund | $ -2,386,393 |
Net change in fund balance (GF) | $ 242,038 |
End of year fund balance (GF) | $ 15,815,747 |
Debt service expenditures | $ 37,139,500 |
Intergovermental funds (GF) | $ 15,902,182 |
Fund balance all funds | $ 121,128,047 |
Financial indicators
Net change in fund balance / Total revenue (GF) | 0.2% (51 of 75) |
---|---|
End of year fund balance (GF) / Total expenditures (FG) | 6.5% (27 of 75) |
Current assets per capita | $ 1,309 (7 of 75) |
Current assets / Current liabilities | 2.24 (51 of 75) |
Balance long term debt per capita | $ 2,349 (4 of 75) |
General revenues / Balance long term debt | 45.1% (58 of 75) |
Debt service expenditures annual income | 21.7% (7 of 75) |
Excess / Deficiency general fund / Revenues | -1.8% (44 of 75) |
Change in net assets / Revenues general fund | -2.6% (43 of 75) |
Fund balance all funds per capita | $ 748 (5 of 75) |
Fund balance all funds / Long term liabilities | 31.9% (32 of 75) |
Intergovermental funds (GF) / Revenues (GF) | 12.0% (66 of 75) |
Total unrestricted net position / Total assets | 1.4% (10 of 75) |
Financial statements
Summary |
General Fund |
Other Funds |
Total Gov. Funds |
---|---|---|---|
Fund balance (deficit) at end of fiscal year | 15,815,747 | 121,128,047 | 105,312,300 |
Revenues |
|||
Property taxes | 50,578,269 | 79,133,434 | 28,555,165 |
Licenses, permit and fines | 31,910,998 | 31,910,998 | 0 |
Sales and use tax | 21,418,823 | 25,120,740 | 3,701,917 |
Federal grants and contributions | 0 | 19,662,340 | 19,662,340 |
Intergovernmental grants and contributions | 15,902,182 | 15,902,182 | 0 |
Construction excise and permits | 7,726,276 | 7,726,276 | 0 |
Charge for services | 2,981,520 | 4,438,644 | 1,457,124 |
Other | 443,270 | 3,490,847 | 3,047,577 |
Rent | 124,000 | 1,373,308 | 1,249,308 |
Interest and other | 935,550 | 952,535 | 16,985 |
Landfill | 677,610 | 677,610 | 0 |
Fines and forfeitures | 226,226 | 238,454 | 12,228 |
Total revenues | 132,924,724 | 190,627,368 | 57,702,644 |
Expenditures |
|||
Economic Development | 0 | 2,006,895 | 6,394,098 |
General government | 58,170,372 | 58,170,372 | 0 |
Public works | 9,940,134 | 48,583,353 | 38,643,219 |
Principal | 0 | 25,581,000 | 25,581,000 |
Health and Sanitation | 23,444,842 | 24,471,607 | 1,026,765 |
Interest and other | 0 | 11,558,500 | 11,558,500 |
Public safety | 16,667,871 | 16,890,968 | 223,097 |
Education | 4,348,146 | 13,709,826 | 9,361,680 |
Housing | 5,744,701 | 12,922,648 | 7,177,947 |
Health and welfare | 7,885,802 | 7,885,802 | 0 |
Recreation and sports | 4,427,103 | 7,511,678 | 3,084,575 |
Human Service and welfare | 4,682,146 | 6,019,874 | 1,337,728 |
Total expenditures | 135,311,117 | 241,706,621 | 106,395,504 |
Surplus / (Deficit) |
|||
Excess (deficiency) of revenues over (under) expenditures | -2,386,393 | -51,079,253 | -48,692,860 |
Data for year: 2014. Municipalities with available data: 78
Financial performance grade
C
Financial Health Ranking:
46 of 78
Population | 165,820 |
---|---|
Area square miles | 48 |
Number of public employees | 1,984 |
Unemployment rate | 9.8% |
Mayor's annual salary | $ 98,400 |
Number of years in office | 8 |
Financial highlights
Current assets | $ 232,650,372 |
---|---|
Current liabilities | $ 59,005,106 |
Balance long term debt | $ 404,787,367 |
Total assets | $ 2,183,312,561 |
Total net position | $ 1,714,590,403 |
Total unrestricted net position | $ 25,563,657 |
General revenues | $ 175,815,119 |
Change in net assets | $ 4,572,052 |
General fund revenues | $ 133,115,091 |
Government fund expenditures | $ 138,899,392 |
Excess / Deficiency general fund | $ -5,784,301 |
Net change in fund balance (GF) | $ -7,113,273 |
End of year fund balance (GF) | $ 15,573,709 |
Debt service expenditures | $ 36,222,367 |
Intergovermental funds (GF) | $ 18,871,468 |
Fund balance all funds | $ 149,852,562 |
Financial indicators
Net change in fund balance / Total revenue (GF) | -5.3% (71 of 78) |
---|---|
End of year fund balance (GF) / Total expenditures (FG) | 11.2% (25 of 78) |
Current assets per capita | $ 1,403 (5 of 78) |
Current assets / Current liabilities | 3.94 (27 of 78) |
Balance long term debt per capita | $ 2,441 (5 of 78) |
General revenues / Balance long term debt | 43.4% (69 of 78) |
Debt service expenditures annual income | 20.6% (9 of 78) |
Excess / Deficiency general fund / Revenues | -4.3% (59 of 78) |
Change in net assets / Revenues general fund | 2.6% (46 of 78) |
Fund balance all funds per capita | $ 904 (4 of 78) |
Fund balance all funds / Long term liabilities | 37.0% (30 of 78) |
Intergovermental funds (GF) / Revenues (GF) | 14.2% (70 of 78) |
Total unrestricted net position / Total assets | 1.2% (7 of 78) |
Financial statements
Summary |
General Fund |
Other Funds |
Total Gov. Funds |
---|---|---|---|
Long term debt | 420,537,765 | 0 | 0 |
Fund balance (deficit) at end of fiscal year | 15,573,709 | 149,852,562 | 134,278,853 |
Revenues |
|||
Federal grants and contributions | 0 | 20,600,875 | 20,600,875 |
Intergovernmental grants and contributions | 18,871,468 | 19,954,148 | 1,082,680 |
Construction excise and permits | 6,424,631 | 6,424,631 | 0 |
Other Revenue | 429,937 | 2,849,581 | 2,419,644 |
Charge for services | 2,557,060 | 2,557,060 | 0 |
Rent | 262,461 | 942,021 | 679,560 |
Landfill | 853,851 | 853,851 | 0 |
Interest and other | 597,341 | 644,150 | 46,809 |
Fines and forfeitures | 155,384 | 238,334 | 82,950 |
Property taxes | 51,760,828 | 83,173,812 | 31,412,984 |
Licenses, permit and fines | 31,166,580 | 31,166,580 | 0 |
Sales and use tax | 20,035,550 | 23,378,949 | 3,343,399 |
Total revenues | 133,115,091 | 192,783,992 | 59,668,901 |
Expenditures |
|||
Health and Sanitation | 7,885,802 | 7,885,802 | 1,188,983 |
Public safety | 18,736,643 | 18,893,539 | 156,896 |
Education | 5,213,124 | 13,970,215 | 8,757,091 |
Housing | 4,450,843 | 13,931,008 | 9,480,165 |
Interest and other | 0 | 11,727,677 | 11,727,677 |
Culture and recreation | 5,086,512 | 8,392,217 | 3,305,705 |
Human Service and welfare | 4,809,230 | 5,651,141 | 841,911 |
Training and employment | 0 | 2,231,373 | 2,231,373 |
Economic Development | 0 | 1,697,929 | 1,697,929 |
General government | 54,281,104 | 54,281,104 | 0 |
Public works | 17,809,262 | 44,653,737 | 26,844,475 |
Principal | 0 | 24,494,690 | 24,494,690 |
Total expenditures | 138,899,392 | 229,626,287 | 90,726,895 |
Surplus / (Deficit) |
|||
Excess (deficiency) of revenues over (under) expenditures | -5,784,301 | -36,842,295 | -31,057,994 |
Data for year: 2013. Municipalities with available data: 78
Financial performance grade
C
Financial Health Ranking:
32 of 78
Population | 168,611 |
---|---|
Area square miles | 48 |
Number of public employees | 1,984 |
Unemployment rate | 9.5% |
Mayor's annual salary | $ 98,400 |
Number of years in office | 8 |
Financial highlights
Current assets | $ 212,806,312 |
---|---|
Current liabilities | $ 76,839,382 |
Balance long term debt | $ 386,173,379 |
Total assets | $ 2,154,757,869 |
Total net position | $ 1,710,110,806 |
Total unrestricted net position | $ 5,789,806 |
General revenues | $ 166,158,300 |
Change in net assets | $ -5,615,964 |
General fund revenues | $ 130,138,322 |
Government fund expenditures | $ 131,371,547 |
Excess / Deficiency general fund | $ -1,233,225 |
Net change in fund balance (GF) | $ -11,105,559 |
End of year fund balance (GF) | $ 21,692,334 |
Debt service expenditures | $ 32,221,030 |
Intergovermental funds (GF) | $ 15,426,024 |
Fund balance all funds | $ 133,411,335 |
Financial indicators
Net change in fund balance / Total revenue (GF) | -8.5% (60 of 78) |
---|---|
End of year fund balance (GF) / Total expenditures (FG) | 16.5% (12 of 78) |
Current assets per capita | $ 1,262 (6 of 78) |
Current assets / Current liabilities | 2.77 (33 of 78) |
Balance long term debt per capita | $ 2,290 (6 of 78) |
General revenues / Balance long term debt | 43.0% (68 of 78) |
Debt service expenditures annual income | 19.4% (16 of 78) |
Excess / Deficiency general fund / Revenues | -0.9% (33 of 78) |
Change in net assets / Revenues general fund | -3.4% (40 of 78) |
Fund balance all funds per capita | $ 791 (5 of 78) |
Fund balance all funds / Long term liabilities | 34.5% (32 of 78) |
Intergovermental funds (GF) / Revenues (GF) | 11.9% (75 of 78) |
Total unrestricted net position / Total assets | 0.3% (7 of 78) |
Financial statements
Summary |
General Fund |
Other Funds |
Total Gov. Funds |
---|---|---|---|
Long term debt | 362,188,681 | 0 | 0 |
Fund balance (deficit) at end of fiscal year | 21,692,334 | 133,411,335 | 111,719,001 |
Revenues |
|||
Federal grants and contributions | 0 | 21,157,030 | 21,157,030 |
Intergovernmental grants and contributions | 15,426,024 | 17,037,783 | 1,611,759 |
Construction excise and permits | 6,760,435 | 6,760,435 | 0 |
Other Revenue | 915,334 | 2,985,291 | 2,069,957 |
Charge for services | 2,190,993 | 2,190,993 | 0 |
Rent | 718,671 | 1,460,919 | 742,248 |
Landfill | 871,270 | 871,270 | 0 |
Interest and other | 701,915 | 764,582 | 62,667 |
Fines and forfeitures | 113,020 | 164,577 | 51,557 |
Property taxes | 51,653,660 | 79,358,875 | 27,705,215 |
Licenses, permit and fines | 32,163,150 | 32,163,150 | 0 |
Sales and use tax | 18,623,850 | 22,613,306 | 3,989,456 |
Total revenues | 130,138,322 | 187,528,211 | 57,389,889 |
Expenditures |
|||
Principal | 0 | 21,857,200 | 21,857,200 |
Public safety | 17,230,491 | 17,358,554 | 128,063 |
Housing | 5,152,461 | 14,590,138 | 9,437,677 |
Education | 5,087,179 | 14,283,241 | 9,196,062 |
Interest and other | 0 | 10,363,830 | 10,363,830 |
Culture and recreation | 5,925,503 | 9,195,932 | 3,270,429 |
Health and Sanitation | 22,243,076 | 23,701,223 | 1,458,147 |
Human Service and welfare | 4,896,917 | 6,450,576 | 1,553,659 |
Economic Development | 0 | 2,960,429 | 2,960,429 |
Training and employment | 0 | 2,262,143 | 2,262,143 |
General government | 52,171,273 | 52,171,273 | 0 |
Public works | 10,778,845 | 40,797,359 | 30,018,514 |
Total expenditures | 131,371,547 | 223,877,700 | 92,506,153 |
Surplus / (Deficit) |
|||
Excess (deficiency) of revenues over (under) expenditures | -12,332,251 | -36,349,489 | -35,116,264 |
Data for year: 2012. Municipalities with available data: 77
Financial performance grade
C
Financial Health Ranking:
33 of 77
Population | 171,106 |
---|---|
Unemployment rate | 10.5% |
Financial highlights
Current assets | $ 217,971,806 |
---|---|
Current liabilities | $ 95,215,453 |
Balance long term debt | $ 341,061,787 |
Total assets | $ 2,154,488,888 |
Total net position | $ 1,718,211,648 |
Total unrestricted net position | $ 24,896,115 |
General revenues | $ 167,766,571 |
Change in net assets | $ -2,872,673 |
General fund revenues | $ 131,721,885 |
Government fund expenditures | $ 130,145,477 |
Excess / Deficiency general fund | $ 1,576,408 |
Net change in fund balance (GF) | $ -3,458,670 |
End of year fund balance (GF) | $ 32,757,250 |
Debt service expenditures | $ 30,741,981 |
Intergovermental funds (GF) | $ 15,338,891 |
Fund balance all funds | $ 140,766,213 |
Financial indicators
Net change in fund balance / Total revenue (GF) | -2.6% (48 of 77) |
---|---|
End of year fund balance (GF) / Total expenditures (FG) | 25.2% (9 of 77) |
Current assets per capita | $ 1,274 (8 of 77) |
Current assets / Current liabilities | 2.29 (36 of 77) |
Balance long term debt per capita | $ 1,993 (8 of 77) |
General revenues / Balance long term debt | 49.2% (65 of 77) |
Debt service expenditures annual income | 18.3% (10 of 77) |
Excess / Deficiency general fund / Revenues | 1.2% (25 of 77) |
Change in net assets / Revenues general fund | -1.7% (50 of 77) |
Fund balance all funds per capita | $ 823 (4 of 77) |
Fund balance all funds / Long term liabilities | 41.3% (35 of 77) |
Intergovermental funds (GF) / Revenues (GF) | 11.6% (73 of 77) |
Total unrestricted net position / Total assets | 1.2% (8 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:
41 of 78
Population | 173,836 |
---|---|
Unemployment rate | 12.1% |
Financial highlights
Current assets | $ 251,132,583 |
---|---|
Current liabilities | $ 85,162,939 |
Balance long term debt | $ 356,255,409 |
Total assets | $ 2,158,633,301 |
Total net position | $ 1,717,214,953 |
Total unrestricted net position | $ 26,857,795 |
General revenues | $ 159,225,581 |
Change in net assets | $ 1,668,459 |
General fund revenues | $ 128,436,515 |
Government fund expenditures | $ 129,898,931 |
Excess / Deficiency general fund | $ -1,462,416 |
Net change in fund balance (GF) | $ -16,131,877 |
End of year fund balance (GF) | $ 36,215,920 |
Debt service expenditures | $ 29,922,504 |
Intergovermental funds (GF) | $ 15,422,815 |
Fund balance all funds | $ 168,985,765 |
Financial indicators
Net change in fund balance / Total revenue (GF) | -12.6% (73 of 78) |
---|---|
End of year fund balance (GF) / Total expenditures (FG) | 27.9% (7 of 78) |
Current assets per capita | $ 1,445 (5 of 78) |
Current assets / Current liabilities | 2.95 (30 of 78) |
Balance long term debt per capita | $ 2,049 (6 of 78) |
General revenues / Balance long term debt | 44.7% (68 of 78) |
Debt service expenditures annual income | 18.8% (7 of 78) |
Excess / Deficiency general fund / Revenues | -1.1% (38 of 78) |
Change in net assets / Revenues general fund | 1.0% (52 of 78) |
Fund balance all funds per capita | $ 972 (3 of 78) |
Fund balance all funds / Long term liabilities | 47.4% (30 of 78) |
Intergovermental funds (GF) / Revenues (GF) | 12.0% (72 of 78) |
Total unrestricted net position / Total assets | 1.2% (6 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:
20 of 78
Population | 176,421 |
---|---|
Unemployment rate | 13.0% |
Financial highlights
Current assets | $ 270,136,078 |
---|---|
Current liabilities | $ 76,600,576 |
Balance long term debt | $ 356,665,869 |
Total assets | $ 2,146,690,296 |
Total net position | $ 1,713,423,851 |
Total unrestricted net position | $ 95,352,715 |
General revenues | $ 154,664,547 |
Change in net assets | $ 29,834,318 |
General fund revenues | $ 131,156,411 |
Government fund expenditures | $ 134,943,263 |
Excess / Deficiency general fund | $ -3,786,852 |
Net change in fund balance (GF) | $ 5,898,367 |
End of year fund balance (GF) | $ 48,944,615 |
Debt service expenditures | $ 26,704,769 |
Intergovermental funds (GF) | $ 16,425,670 |
Fund balance all funds | $ 190,208,578 |
Financial indicators
Net change in fund balance / Total revenue (GF) | 4.5% (13 of 78) |
---|---|
End of year fund balance (GF) / Total expenditures (FG) | 36.3% (5 of 78) |
Current assets per capita | $ 1,531 (5 of 78) |
Current assets / Current liabilities | 3.53 (20 of 78) |
Balance long term debt per capita | $ 2,022 (5 of 78) |
General revenues / Balance long term debt | 43.4% (72 of 78) |
Debt service expenditures annual income | 17.3% (8 of 78) |
Excess / Deficiency general fund / Revenues | -2.9% (47 of 78) |
Change in net assets / Revenues general fund | 19.3% (18 of 78) |
Fund balance all funds per capita | $ 1,078 (3 of 78) |
Fund balance all funds / Long term liabilities | 53.3% (24 of 78) |
Intergovermental funds (GF) / Revenues (GF) | 12.5% (68 of 78) |
Total unrestricted net position / Total assets | 4.4% (4 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 |