Fajardo Municipal Fiscal Health
Data for year: 2022. Municipalities with available data: 78
Financial performance grade
Sólida
A
Financial Health Ranking:
5 of 78
| Population | 31,375 |
|---|
Financial highlights
| Current assets | $ 91,899,682 |
|---|---|
| Current liabilities | $ 18,993,365 |
| Balance long term debt | $ 20,452,846 |
| Total assets | $ 193,158,404 |
| Total unrestricted net position | $ 24,651,189 |
| General revenues | $ 23,325,333 |
| Change in net assets | $ 10,059,478 |
| General fund revenues | $ 23,325,333 |
| Government fund expenditures | $ 17,709,922 |
| Excess / Deficiency general fund | $ 5,615,411 |
| Net change in fund balance (GF) | $ 2,965,173 |
| End of year fund balance (GF) | $ 34,066,468 |
| Debt service expenditures | $ 3,511,452 |
| Intergovermental funds (GF) | $ 4,032,567 |
| Fund balance all funds | $ 65,817,534 |
Financial indicators
| Net change in fund balance / Total revenue (GF) | 12.7% (36 of 78) |
|---|---|
| End of year fund balance (GF) / Total expenditures (FG) | 192.4% (3 of 78) |
| Current assets per capita | $ 2,929 (2 of 78) |
| Current assets / Current liabilities | 4.84 (14 of 78) |
| Debt service expenditures annual income | 8.2% (57 of 78) |
| Excess / Deficiency general fund / Revenues | 24.1% (2 of 78) |
| Fund balance all funds per capita | $ 2,098 (2 of 78) |
| Fund balance all funds / Long term liabilities | 321.8% (3 of 78) |
| Intergovermental funds (GF) / Revenues (GF) | 17.3% (34 of 78) |
| Total unrestricted net position / Total assets | 12.8% (5 of 78) |
Financial statements
Summary |
General Fund |
Other Funds |
Total Gov. Funds |
|---|---|---|---|
| Fund balance at end of fiscal year | 34,066,468 | 31,751,066 | 65,817,534 |
Revenues |
|||
| Property taxes | 6,643,910 | 5,650,723 | 12,294,633 |
| Municipal license tax | 4,386,758 | 0 | 4,386,758 |
| Sales and use taxes | 6,431,964 | 613,049 | 7,045,013 |
| Construction excise taxes | 713,131 | 0 | 713,131 |
| Grants and entitlements | 4,032,567 | 9,216,134 | 13,248,701 |
| Rental income | 404,969 | 0 | 404,969 |
| Interest income | 98,667 | 2,744 | 101,411 |
| Other revenues | 613,367 | 1,432 | 614,799 |
| Total revenues | 23,325,333 | 15,484,082 | 38,809,415 |
Expenditures |
|||
| Mayor and municipal legislature | 2,101,266 | 2,101,266 | |
| General administration | 4,534,779 | 68,829 | 4,603,608 |
| Public safety | 1,499,994 | 12,228 | 1,512,222 |
| Culture and recreation | 1,058,302 | 0 | 1,058,302 |
| Public works | 546,904 | 0 | 546,904 |
| Public education | 2,345,767 | 3,864,946 | 6,210,713 |
| Urban development | 254,547 | 11,284,626 | 11,539,173 |
| Health and sanitation | 3,709,706 | 160,919 | 3,870,625 |
| Human services and welfare | 1,412,759 | 748,410 | 2,161,169 |
| Capital outlays | 29,098 | 701,718 | 730,816 |
| Debt service: Principal | 141,597 | 2,538,000 | 2,679,597 |
| Debt service: Interest | 75,203 | 756,652 | 831,855 |
| Total expenditures | 17,709,922 | 20,136,328 | 37,846,250 |
Surplus / (Deficit) |
|||
| Excess of revenues over (under) expenditures | 5,615,411 | -4,652,246 | 963,165 |
Data for year: 2021. Municipalities with available data: 78
Financial performance grade
A
Financial Health Ranking:
7 of 78
| Population | 31,819 |
|---|
Financial highlights
| Current assets | $ 84,682,565 |
|---|---|
| Current liabilities | $ 12,248,224 |
| Balance long term debt | $ 28,748,865 |
| Total assets | $ 185,264,318 |
| Total unrestricted net position | $ 36,822,779 |
| General revenues | $ 26,261,718 |
| Change in net assets | $ -1,782,589 |
| General fund revenues | $ 21,109,141 |
| Government fund expenditures | $ 14,633,431 |
| Excess / Deficiency general fund | $ 6,475,710 |
| Net change in fund balance (GF) | $ 1,365,045 |
| End of year fund balance (GF) | $ 31,101,295 |
| Debt service expenditures | $ 3,311,043 |
| Intergovermental funds (GF) | $ 4,876,006 |
| Fund balance all funds | $ 64,854,369 |
Financial indicators
| Net change in fund balance / Total revenue (GF) | 6.5% (31 of 78) |
|---|---|
| End of year fund balance (GF) / Total expenditures (FG) | 212.5% (2 of 78) |
| Current assets per capita | $ 2,661 (2 of 78) |
| Current assets / Current liabilities | 6.91 (12 of 78) |
| Balance long term debt per capita | $ 904 (34 of 78) |
| General revenues / Balance long term debt | 123.4% (29 of 78) |
| Debt service expenditures annual income | 9.3% (59 of 78) |
| Excess / Deficiency general fund / Revenues | 30.7% (2 of 78) |
| Change in net assets / Revenues general fund | -6.8% (64 of 78) |
| Fund balance all funds per capita | $ 2,038 (2 of 78) |
| Fund balance all funds / Long term liabilities | 225.6% (5 of 78) |
| Intergovermental funds (GF) / Revenues (GF) | 23.1% (36 of 78) |
| Total unrestricted net position / Total assets | 19.9% (1 of 78) |
Financial statements
Summary |
General Fund |
Other Funds |
Total Gov. Funds |
|---|---|---|---|
| Fund Balance at End of Year | 31,101,295 | 33,753,074 | 64,854,369 |
Revenues |
|||
| Property taxes | 4,694,733 | 4,858,902 | 9,553,635 |
| Municipal license tax | 4,649,537 | 0 | 4,649,537 |
| Sales and use taxes | 5,284,127 | 156,539 | 5,440,666 |
| Construction excise taxes | 567,632 | 0 | 567,632 |
| Grants and entitlements | 4,876,006 | 9,357,182 | 14,233,188 |
| Rental income | 299,650 | 0 | 299,650 |
| Interest income | 183,406 | 2,512 | 185,918 |
| Other revenues | 554,050 | 1,559 | 555,609 |
| Total revenues | 21,109,141 | 14,376,694 | 35,485,835 |
Expenditures |
|||
| Mayor and municipal legislature | 1,747,952 | 0 | 1,747,952 |
| General administration | 4,094,448 | 325,451 | 4,419,899 |
| Public safety | 1,323,137 | 1,840 | 1,324,977 |
| Culture and recreation | 968,844 | 0 | 968,844 |
| Public works | 515,434 | 0 | 515,434 |
| Public education | 1,984,412 | 4,215,552 | 6,199,964 |
| Urban development | 280,538 | 11,725,192 | 12,005,730 |
| Health and sanitation | 2,937,306 | 2,337,578 | 5,274,884 |
| Human services and welfare | 678,568 | 691,090 | 1,369,658 |
| Capital outlays | 19,423 | 1,088,023 | 1,107,446 |
| Debt service:Principal | 8,139 | 2,373,000 | 2,381,139 |
| Debt service:Interest | 75,230 | 854,674 | 929,904 |
| Total expenditures | 14,633,431 | 23,612,400 | 38,245,831 |
Surplus / (Deficit) |
|||
| Excess (deficiency) of revenues over (under) expenditures | 6,475,710 | -9,235,706 | -2,759,996 |
Data for year: 2020. Municipalities with available data: 72
Financial performance grade
A
Financial Health Ranking:
5 of 72
| Population | 32,124 |
|---|---|
| Area square miles | 30 |
| Number of public employees | 647 |
| Mayor's annual salary | $ 72,000 |
Financial highlights
| Current assets | $ 77,455,325 |
|---|---|
| Current liabilities | $ 5,052,752 |
| Balance long term debt | $ 30,580,026 |
| Total assets | $ 179,574,276 |
| Total unrestricted net position | $ 59,626,029 |
| General revenues | $ 24,551,225 |
| Change in net assets | $ -3,855,398 |
| General fund revenues | $ 20,319,396 |
| Government fund expenditures | $ 17,584,312 |
| Excess / Deficiency general fund | $ 2,735,084 |
| Net change in fund balance (GF) | $ -3,437,072 |
| End of year fund balance (GF) | $ 29,736,250 |
| Debt service expenditures | $ 3,402,357 |
| Intergovermental funds (GF) | $ 5,145,160 |
| Fund balance all funds | $ 67,614,365 |
Financial indicators
| Net change in fund balance / Total revenue (GF) | -16.9% (69 of 72) |
|---|---|
| End of year fund balance (GF) / Total expenditures (FG) | 169.1% (2 of 72) |
| Current assets per capita | $ 2,411 (2 of 72) |
| Current assets / Current liabilities | 15.33 (2 of 72) |
| Balance long term debt per capita | $ 952 (38 of 72) |
| General revenues / Balance long term debt | 105.0% (33 of 72) |
| Debt service expenditures annual income | 10.6% (57 of 72) |
| Excess / Deficiency general fund / Revenues | 13.5% (3 of 72) |
| Change in net assets / Revenues general fund | -15.7% (55 of 72) |
| Fund balance all funds per capita | $ 2,105 (2 of 72) |
| Fund balance all funds / Long term liabilities | 221.1% (4 of 72) |
| Intergovermental funds (GF) / Revenues (GF) | 25.3% (29 of 72) |
| Total unrestricted net position / Total assets | 33.2% (1 of 72) |
Financial statements
Summary |
General Fund |
Other Funds |
Total Gov. Funds |
|---|---|---|---|
| Fund balance at end of year | 29,736,250 | 37,878,115 | 67,614,365 |
Revenues |
|||
| Property Taxes | 4,607,220 | 3,560,040 | 8,167,260 |
| Municipal license tax | 3,662,726 | 0 | 3,662,726 |
| Sales and use taxes | 4,585,953 | 1,000 | 4,586,953 |
| Construction Excise Taxes | 865,959 | 0 | 865,959 |
| Grants and entitlements | 5,145,160 | 8,169,269 | 13,314,429 |
| Rental income | 331,537 | 0 | 331,537 |
| Interest income | 421,595 | 44,807 | 466,402 |
| Other revenues | 699,246 | 2,654 | 701,900 |
| Total revenues | 20,319,396 | 11,777,770 | 32,097,166 |
Expenditures |
|||
| Mayor and Municipal Legislature | 1,804,465 | 0 | 1,804,465 |
| General administration | 7,449,409 | 78,392 | 7,527,801 |
| Public safety | 1,556,323 | 73,208 | 1,629,531 |
| Culture and recreation | 956,051 | 0 | 956,051 |
| Public works | 529,970 | 0 | 529,970 |
| Public education | 1,816,530 | 4,330,992 | 6,147,522 |
| Urban Development | 266,155 | 9,466,608 | 9,732,763 |
| Health and sanitation | 2,525,272 | 314,950 | 2,840,222 |
| Human Services and Welfare | 582,946 | 608,429 | 1,191,375 |
| Capital outlays | 28,688 | 1,510,801 | 1,539,489 |
| Debt Service: Principal | 7,752 | 2,198,000 | 2,205,752 |
| Debt Service: Interest | 60,751 | 1,135,854 | 1,196,605 |
| Total expenditures | 17,584,312 | 19,717,234 | 37,301,546 |
Surplus / (Deficit) |
|||
| Excess (deficiency) of revenue over expenditures | 2,735,084 | -7,939,464 | -5,204,380 |
Data for year: 2019. Municipalities with available data: 71
Financial performance grade
A
Financial Health Ranking:
2 of 71
| Population | 29,454 |
|---|---|
| Area square miles | 30 |
| Number of public employees | 627 |
| Unemployment rate | 10.8% |
Financial highlights
| Current assets | $ 83,595,211 |
|---|---|
| Current liabilities | $ 3,701,014 |
| Balance long term debt | $ 69,771,836 |
| Total assets | $ 186,766,082 |
| Total net position | $ 116,596,104 |
| Total unrestricted net position | $ -10,384,301 |
| General revenues | $ 30,417,675 |
| Change in net assets | $ 823,937 |
| General fund revenues | $ 20,855,467 |
| Government fund expenditures | $ 34,987,588 |
| Excess / Deficiency general fund | $ 3,686,407 |
| Net change in fund balance (GF) | $ 10,617,393 |
| End of year fund balance (GF) | $ 33,173,322 |
| Debt service expenditures | $ 3,529,213 |
| Intergovermental funds (GF) | $ 5,040,786 |
| Fund balance all funds | $ 72,818,743 |
Financial indicators
| Net change in fund balance / Total revenue (GF) | 50.9% (3 of 71) |
|---|---|
| End of year fund balance (GF) / Total expenditures (FG) | 193.2% (2 of 71) |
| Current assets per capita | $ 2,838 (2 of 71) |
| Current assets / Current liabilities | 22.59 (1 of 71) |
| Balance long term debt per capita | $ 2,369 (47 of 71) |
| General revenues / Balance long term debt | 29.9% (34 of 71) |
| Debt service expenditures annual income | 11.0% (12 of 71) |
| Excess / Deficiency general fund / Revenues | 17.7% (10 of 71) |
| Change in net assets / Revenues general fund | 4.0% (45 of 71) |
| Fund balance all funds per capita | $ 2,472 (2 of 71) |
| Fund balance all funds / Long term liabilities | 104.4% (3 of 71) |
| Intergovermental funds (GF) / Revenues (GF) | 24.2% (31 of 71) |
| Total unrestricted net position / Total assets | 14.7% (8 of 71) |
Financial statements
Summary |
General Fund |
Other Funds |
Total Gov. Funds |
|---|---|---|---|
| Fund balance (deficit) at end of fiscal year | 33,173,322 | 39,645,421 | 72,818,743 |
Revenues |
|||
| Property taxes | 4,982,099 | 4,769,338 | 9,751,437 |
| Licenses, permit and fines | 4,033,600 | 0 | 4,033,600 |
| Sales and use tax | 4,822,593 | 1,178 | 4,823,771 |
| Construction excise and permits | 432,003 | 0 | 432,003 |
| Grants and contributions | 5,040,786 | 6,169,650 | 11,210,436 |
| Rent | 443,784 | 0 | 443,784 |
| Interest and other | 559,524 | 200,912 | 760,436 |
| Other Revenue | 541,078 | 7,449 | 548,527 |
| Total revenues | 20,855,467 | 11,148,527 | 32,003,994 |
Expenditures |
|||
| Mayor and Municipal Assembly | 1,941,796 | 0 | 1,941,796 |
| General government | 7,672,161 | 85,756 | 7,757,917 |
| Public safety | 1,097,892 | 11,448 | 1,109,340 |
| Culture and recreation | 701,650 | 0 | 701,650 |
| Public works | 522,886 | 0 | 522,886 |
| Public education | 1,722,983 | 3,702,151 | 5,425,134 |
| Highway and Urban Development | 275,473 | 8,202,926 | 8,478,399 |
| Health and sanitation | 2,534,156 | 0 | 2,534,156 |
| Human Service and welfare | 635,750 | 616,658 | 1,252,408 |
| Capital outlays | 11,993 | 1,722,696 | 1,734,689 |
| Debt service: Principal | 7,294 | 2,090,000 | 2,097,294 |
| Debt service: Interest | 45,026 | 1,386,893 | 1,431,919 |
| Total expenditures | 17,169,060 | 17,818,528 | 34,987,588 |
Surplus / (Deficit) |
|||
| Excess (deficiency) of revenues over (under) expenditures | 3,686,407 | -6,670,001 | -2,983,594 |
Data for year: 2018. Municipalities with available data: 72
Financial performance grade
A
Financial Health Ranking:
1 of 72
| Population | 29,699 |
|---|---|
| Area square miles | 30 |
| Number of public employees | 619 |
| Unemployment rate | 14.9% |
Financial highlights
| Current assets | $ 77,333,309 |
|---|---|
| Current liabilities | $ 4,177,754 |
| Balance long term debt | $ 66,284,429 |
| Total assets | $ 182,945,933 |
| Total net position | $ 115,772,167 |
| Total unrestricted net position | $ -15,565,327 |
| General revenues | $ 29,292,736 |
| Change in net assets | $ 1,782,116 |
| General fund revenues | $ 23,742,743 |
| Government fund expenditures | $ 37,477,999 |
| Excess / Deficiency general fund | $ 5,660,943 |
| Net change in fund balance (GF) | $ -1,928,151 |
| End of year fund balance (GF) | $ 22,555,929 |
| Debt service expenditures | $ 3,301,697 |
| Intergovermental funds (GF) | $ 8,547,999 |
| Fund balance all funds | $ 64,549,170 |
Financial indicators
| Net change in fund balance / Total revenue (GF) | -8.1% (69 of 72) |
|---|---|
| End of year fund balance (GF) / Total expenditures (FG) | 124.7% (3 of 72) |
| Current assets per capita | $ 2,604 (1 of 72) |
| Current assets / Current liabilities | 18.51 (1 of 72) |
| Balance long term debt per capita | $ 955 (33 of 72) |
| General revenues / Balance long term debt | 134.3% (19 of 72) |
| Debt service expenditures annual income | 8.7% (36 of 72) |
| Excess / Deficiency general fund / Revenues | 23.8% (5 of 72) |
| Change in net assets / Revenues general fund | 6.1% (43 of 72) |
| Fund balance all funds per capita | $ 2,173 (1 of 72) |
| Fund balance all funds / Long term liabilities | 227.6% (1 of 72) |
| Intergovermental funds (GF) / Revenues (GF) | 36.0% (38 of 72) |
| Total unrestricted net position / Total assets | 12.2% (6 of 72) |
Financial statements
Summary |
General Fund |
Other Funds |
Total Gov. Funds |
|---|---|---|---|
| Fund balance (deficit) at end of fiscal year | 22,555,929 | 41,993,241 | 64,549,170 |
Revenues |
|||
| Property taxes | 4,124,458 | 4,226,791 | 8,351,249 |
| Licenses, permit and fines | 4,244,301 | 0 | 4,244,301 |
| Sales and use tax | 4,304,692 | 17,226 | 4,321,918 |
| Construction excise and permits | 551,229 | 0 | 551,229 |
| Grants and contributions | 8,547,999 | 6,493,198 | 15,041,197 |
| Rent | 353,390 | 0 | 353,390 |
| Interest and other | 251,038 | 315,513 | 566,551 |
| Other Revenue | 1,365,636 | 106,941 | 1,472,577 |
| Total revenues | 23,742,743 | 11,159,669 | 34,902,412 |
Expenditures |
|||
| Mayor and Municipal Assembly | 1,473,286 | 0 | 1,473,286 |
| General government | 8,661,016 | 124,390 | 8,785,406 |
| Public safety | 1,185,459 | 12,926 | 1,198,385 |
| Culture and recreation | 574,897 | 0 | 574,897 |
| Public works | 574,215 | 0 | 574,215 |
| Public education | 1,542,516 | 3,292,863 | 4,835,379 |
| Highway and Urban Development | 225,346 | 10,229,183 | 10,454,529 |
| Health and sanitation | 3,139,689 | 0 | 3,139,689 |
| Human Service and welfare | 650,778 | 662,867 | 1,313,645 |
| Capital outlays | 0 | 1,826,871 | 1,826,871 |
| Debt service: Principal | 6,862 | 2,318,000 | 2,324,862 |
| Debt service: Interest | 47,736 | 929,099 | 976,835 |
| Total expenditures | 18,081,800 | 19,396,199 | 37,477,999 |
Surplus / (Deficit) |
|||
| Excess (deficiency) of revenues over (under) expenditures | 5,660,943 | -8,236,530 | -2,575,587 |
Data for year: 2017. Municipalities with available data: 64
Financial performance grade
A
Financial Health Ranking:
1 of 64
| Population | 31,324 |
|---|---|
| Number of public employees | 738 |
| Unemployment rate | 10.8% |
Financial highlights
| Current assets | $ 65,949,333 |
|---|---|
| Current liabilities | $ 2,035,056 |
| Balance long term debt | $ 68,636,532 |
| Total assets | $ 181,204,637 |
| Total net position | $ 108,727,161 |
| Total unrestricted net position | $ 26,991,510 |
| General revenues | $ 21,365,512 |
| Change in net assets | $ -13,112,507 |
| General fund revenues | $ 22,972,500 |
| Government fund expenditures | $ 43,330,738 |
| Excess / Deficiency general fund | $ 2,827,231 |
| Net change in fund balance (GF) | $ -428,046 |
| End of year fund balance (GF) | $ 24,484,080 |
| Debt service expenditures | $ 2,964,014 |
| Intergovermental funds (GF) | $ 8,771,421 |
| Fund balance all funds | $ 67,234,223 |
Financial indicators
| Net change in fund balance / Total revenue (GF) | -1.9% (29 of 64) |
|---|---|
| End of year fund balance (GF) / Total expenditures (FG) | 121.5% (1 of 64) |
| Current assets per capita | $ 2,105 (1 of 64) |
| Current assets / Current liabilities | 32.41 (1 of 64) |
| Balance long term debt per capita | $ 2,191 (17 of 64) |
| General revenues / Balance long term debt | 31.1% (45 of 64) |
| Debt service expenditures annual income | 7.2% (51 of 64) |
| Excess / Deficiency general fund / Revenues | 12.3% (2 of 64) |
| Change in net assets / Revenues general fund | -57.1% (64 of 64) |
| Fund balance all funds per capita | $ 2,146 (1 of 64) |
| Fund balance all funds / Long term liabilities | 98.0% (3 of 64) |
| Total unrestricted net position / Total assets | 14.9% (3 of 64) |
Financial statements
Summary |
General Fund |
Other Funds |
Total Gov. Funds |
|---|---|---|---|
| Fund balance (deficit) at end of fiscal year | 24,484,080 | 42,750,143 | 67,234,223 |
Revenues |
|||
| Property taxes | 6,074,936 | 4,656,154 | 10,731,090 |
| Licenses, permit and fines | 6,363,607 | 0 | 6,363,607 |
| Sales and use tax | 0 | 4,846,192 | 4,846,192 |
| Construction excise and permits | 509,537 | 0 | 509,537 |
| Grants and contributions | 8,771,421 | 8,600,090 | 17,371,511 |
| Rent | 359,911 | 0 | 359,911 |
| Interest and other | 227,150 | 322,706 | 549,856 |
| Other Revenue | 665,938 | 405 | 666,343 |
| Total revenues | 22,972,500 | 18,425,547 | 41,398,047 |
Expenditures |
|||
| Mayor and Municipal Assembly | 2,000,870 | 0 | 2,000,870 |
| General government | 9,175,104 | 40,163 | 9,215,267 |
| Public safety | 1,297,132 | 13,288 | 1,310,420 |
| Culture and recreation | 723,290 | 0 | 723,290 |
| Public works | 643,512 | 0 | 643,512 |
| Public education | 1,081,241 | 6,574,629 | 7,655,870 |
| Highway and Urban Development | 1,171,976 | 11,938,768 | 13,110,744 |
| Health and sanitation | 3,275,655 | 0 | 3,275,655 |
| Human Service and welfare | 699,999 | 775,675 | 1,475,674 |
| Capital outlays | 7,943 | 947,479 | 955,422 |
| Debt service: Principal | 6,456 | 2,129,000 | 2,135,456 |
| Debt service: Interest | 62,091 | 766,467 | 828,558 |
| Total expenditures | 20,145,269 | 23,185,469 | 43,330,738 |
Surplus / (Deficit) |
|||
| Excess (deficiency) of revenues over (under) expenditures | 2,827,231 | -4,759,922 | -1,932,691 |
Data for year: 2016. Municipalities with available data: 68
Financial performance grade
A
Financial Health Ranking:
1 of 68
| Population | 32,219 |
|---|---|
| Number of public employees | 609 |
| Unemployment rate | 14.0% |
Financial highlights
| Current assets | $ 89,629,950 |
|---|---|
| Current liabilities | $ 2,897,041 |
| Balance long term debt | $ 71,534,325 |
| Total assets | $ 197,913,637 |
| Total unrestricted net position | $ -10,847,335 |
| General revenues | $ 32,225,298 |
| Change in net assets | $ -1,791,575 |
| General fund revenues | $ 21,896,956 |
| Excess / Deficiency general fund | $ 1,525,083 |
| Net change in fund balance (GF) | $ 6,796 |
| End of year fund balance (GF) | $ 24,912,126 |
| Debt service expenditures | $ 3,992,841 |
| Intergovermental funds (GF) | $ 8,864,142 |
| Fund balance all funds | $ 80,599,358 |
Financial indicators
| Net change in fund balance / Total revenue (GF) | 0.0% (34 of 68) |
|---|---|
| End of year fund balance (GF) / Total expenditures (FG) | 122.3% (2 of 68) |
| Current assets per capita | $ 2,782 (2 of 68) |
| Current assets / Current liabilities | 30.94 (1 of 68) |
| Balance long term debt per capita | $ 1,033 (28 of 68) |
| General revenues / Balance long term debt | 96.8% (12 of 68) |
| Debt service expenditures annual income | 12.4% (36 of 68) |
| Excess / Deficiency general fund / Revenues | 7.0% (7 of 68) |
| Change in net assets / Revenues general fund | -5.6% (43 of 68) |
| Fund balance all funds per capita | $ 2,502 (2 of 68) |
| Fund balance all funds / Long term liabilities | 242.2% (1 of 68) |
| Intergovermental funds (GF) / Revenues (GF) | 40.5% (30 of 68) |
| Total unrestricted net position / Total assets | 13.8% (2 of 68) |
Financial statements
Summary |
General Fund |
Other Funds |
Total Gov. Funds |
|---|---|---|---|
| Fund balance (deficit) at end of fiscal year | 24,912,126 | 55,687,232 | 80,599,358 |
Revenues |
|||
| Property taxes | 5,782,577 | 5,661,853 | 11,444,430 |
| Licenses, permit and fines | 5,715,703 | 0 | 5,715,703 |
| Sales and use tax | 0 | 4,841,531 | 4,841,531 |
| Construction excise and permits | 501,251 | 0 | 501,251 |
| Grants and contributions | 8,864,142 | 7,621,975 | 16,486,117 |
| Rent | 256,137 | 0 | 256,137 |
| Interest and other | 150,983 | 225,903 | 376,886 |
| Other Revenue | 626,163 | 278,408 | 904,571 |
| Total revenues | 21,896,956 | 18,629,670 | 40,526,626 |
Expenditures |
|||
| Mayor and Municipal Assembly | 2,204,741 | 0 | 2,204,741 |
| General government | 9,250,068 | 101,218 | 9,351,286 |
| Public safety | 1,128,717 | 18,617 | 1,147,334 |
| Culture and recreation | 690,038 | 0 | 690,038 |
| Public works | 648,294 | 0 | 648,294 |
| Education | 1,168,365 | 0 | 0 |
| Highway and Urban Development | 1,268,170 | 7,659,801 | 8,927,971 |
| Health and sanitation | 3,284,747 | 0 | 3,284,747 |
| Human Service and welfare | 645,999 | 830,639 | 1,476,638 |
| Capital outlays | 20,961 | 1,994,031 | 2,014,992 |
| Debt service: Principal | 6,075 | 3,124,000 | 3,130,075 |
| Debt service: Interest | 55,698 | 807,068 | 862,766 |
| Total expenditures | 20,371,873 | 20,618,605 | 40,990,478 |
| Public education | 1,168,365 | 6,083,231 | 7,251,596 |
Surplus / (Deficit) |
|||
| Excess (deficiency) of revenues over (under) expenditures | 1,525,083 | -1,988,935 | -463,852 |
Data for year: 2015. Municipalities with available data: 75
Financial performance grade
A
Financial Health Ranking:
1 of 75
| Population | 33,102 |
|---|---|
| Area square miles | 31 |
| Number of public employees | 599 |
| Unemployment rate | 14.8% |
Financial highlights
| Current assets | $ 90,661,299 |
|---|---|
| Current liabilities | $ 1,643,890 |
| Balance long term debt | $ 36,388,694 |
| Total assets | $ 199,546,172 |
| Total net position | $ 156,914,757 |
| Total unrestricted net position | $ 3,592,623 |
| General revenues | $ 31,426,423 |
| Change in net assets | $ 2,797,264 |
| General fund revenues | $ 22,668,808 |
| Government fund expenditures | $ 41,089,253 |
| Excess / Deficiency general fund | $ 4,037,477 |
| Net change in fund balance (GF) | $ 3,291,525 |
| End of year fund balance (GF) | $ 18,116,122 |
| Debt service expenditures | $ 3,722,397 |
| Intergovermental funds (GF) | $ 7,727,581 |
| Fund balance all funds | $ 81,063,210 |
Financial indicators
| Net change in fund balance / Total revenue (GF) | 14.5% (4 of 75) |
|---|---|
| End of year fund balance (GF) / Total expenditures (FG) | 44.1% (3 of 75) |
| Current assets per capita | $ 2,739 (2 of 75) |
| Current assets / Current liabilities | 55.15 (1 of 75) |
| Balance long term debt per capita | $ 1,099 (28 of 75) |
| General revenues / Balance long term debt | 86.4% (16 of 75) |
| Debt service expenditures annual income | 11.8% (45 of 75) |
| Excess / Deficiency general fund / Revenues | 17.8% (4 of 75) |
| Change in net assets / Revenues general fund | 8.9% (15 of 75) |
| Fund balance all funds per capita | $ 2,449 (2 of 75) |
| Fund balance all funds / Long term liabilities | 222.8% (1 of 75) |
| Intergovermental funds (GF) / Revenues (GF) | 34.1% (36 of 75) |
| Total unrestricted net position / Total assets | 1.8% (9 of 75) |
Financial statements
Summary |
General Fund |
Other Funds |
Total Gov. Funds |
|---|---|---|---|
| Fund balance (deficit) at end of fiscal year | 18,116,122 | 62,947,088 | 81,063,210 |
Revenues |
|||
| Grants and contributions | 7,727,581 | 8,492,203 | 16,219,784 |
| Property taxes | 6,218,233 | 3,996,975 | 10,215,208 |
| Municipal taxes | 7,470,446 | 0 | 7,470,446 |
| Sales and use tax | 0 | 4,776,585 | 4,776,585 |
| Interest and other | 343,474 | 113,640 | 457,114 |
| Other | 291,867 | 72,109 | 363,976 |
| Construction excise and permits | 343,892 | 0 | 343,892 |
| Rent | 273,315 | 0 | 273,315 |
| Total revenues | 22,668,808 | 17,451,512 | 40,120,320 |
Expenditures |
|||
| General government | 8,347,070 | 76,214 | 8,423,284 |
| Highway and Urban Development | 992,797 | 6,564,647 | 7,557,444 |
| Public education | 1,088,996 | 5,837,300 | 6,926,296 |
| Capital outlays | 27,344 | 5,624,372 | 5,651,716 |
| Health and sanitation | 3,391,011 | 0 | 3,391,011 |
| Principal | 5,716 | 2,913,000 | 2,918,716 |
| Mayor and Municipal Assembly | 1,932,775 | 0 | 1,932,775 |
| Human Service and welfare | 448,351 | 620,584 | 1,068,935 |
| Public safety | 1,025,107 | 12,408 | 1,037,515 |
| Interest and other | 43,479 | 809,397 | 852,876 |
| Public works | 709,235 | 0 | 709,235 |
| Culture and recreation | 619,450 | 0 | 619,450 |
| Total expenditures | 18,631,331 | 22,457,922 | 41,089,253 |
Surplus / (Deficit) |
|||
| Excess (deficiency) of revenues over (under) expenditures | 4,037,477 | -5,006,410 | -968,933 |
Data for year: 2014. Municipalities with available data: 78
Financial performance grade
A
Financial Health Ranking:
1 of 78
| Population | 34,049 |
|---|---|
| Area square miles | 31 |
| Number of public employees | 959 |
| Unemployment rate | 17.5% |
| Number of years in office | 26 |
Financial highlights
| Current assets | $ 94,375,583 |
|---|---|
| Current liabilities | $ 3,003,444 |
| Balance long term debt | $ 39,492,570 |
| Total assets | $ 202,583,441 |
| Total net position | $ 154,117,493 |
| Total unrestricted net position | $ -1,590,664 |
| General revenues | $ 32,554,823 |
| Change in net assets | $ 3,922,721 |
| General fund revenues | $ 23,859,578 |
| Government fund expenditures | $ 20,672,752 |
| Excess / Deficiency general fund | $ 3,186,826 |
| Net change in fund balance (GF) | $ 1,636,544 |
| End of year fund balance (GF) | $ 14,824,597 |
| Debt service expenditures | $ 3,793,646 |
| Intergovermental funds (GF) | $ 5,387,953 |
| Fund balance all funds | $ 82,032,143 |
Financial indicators
| Net change in fund balance / Total revenue (GF) | 6.9% (29 of 78) |
|---|---|
| End of year fund balance (GF) / Total expenditures (FG) | 71.7% (3 of 78) |
| Current assets per capita | $ 2,772 (2 of 78) |
| Current assets / Current liabilities | 31.42 (1 of 78) |
| Balance long term debt per capita | $ 1,160 (30 of 78) |
| General revenues / Balance long term debt | 82.4% (18 of 78) |
| Debt service expenditures annual income | 11.7% (49 of 78) |
| Excess / Deficiency general fund / Revenues | 13.4% (9 of 78) |
| Change in net assets / Revenues general fund | 12.0% (25 of 78) |
| Fund balance all funds per capita | $ 2,409 (2 of 78) |
| Fund balance all funds / Long term liabilities | 207.7% (1 of 78) |
| Intergovermental funds (GF) / Revenues (GF) | 22.6% (55 of 78) |
| Total unrestricted net position / Total assets | -0.8% (12 of 78) |
Financial statements
Summary |
General Fund |
Other Funds |
Total Gov. Funds |
|---|---|---|---|
| Fund balance (deficit) at end of fiscal year | 14,824,597 | 67,207,546 | 82,032,143 |
| Long term debt | 39,492,570 | 0 | 0 |
Revenues |
|||
| Municipal taxes | 6,697,514 | 0 | 6,697,514 |
| Sales and use tax | 0 | 5,393,755 | 5,393,755 |
| Other Revenue | 1,436,900 | 123,722 | 1,560,622 |
| Construction excise and permits | 550,608 | 0 | 550,608 |
| Rent | 253,708 | 0 | 253,708 |
| Property taxes | 9,532,895 | 5,514,546 | 15,047,441 |
| Federal grants and contributions | 0 | 7,727,811 | 7,727,811 |
| Intergovernmental grants and contributions | 5,387,953 | 1,825,333 | 7,213,286 |
| Total revenues | 23,859,578 | 20,585,167 | 44,444,745 |
Expenditures |
|||
| Public works | 6,207,587 | 0 | 6,207,587 |
| General government | 4,657,083 | 72,854 | 4,729,937 |
| Health and Sanitation | 3,742,167 | 0 | 3,742,167 |
| Principal | 5,378 | 2,726,000 | 2,731,378 |
| Mayor and Municipal Assembly | 2,339,619 | 0 | 2,339,619 |
| Human Service and welfare | 835,569 | 593,623 | 1,429,192 |
| Interest and other | 12,000 | 1,050,268 | 1,062,268 |
| Culture and recreation | 676,283 | 0 | 676,283 |
| Public safety | 659,211 | 7,217 | 666,428 |
| Highway and Urban Development | 244,099 | 7,932,949 | 8,177,048 |
| Capital outlays | 329,143 | 7,655,940 | 7,985,083 |
| Education | 964,613 | 6,121,773 | 7,086,386 |
| Total expenditures | 20,672,752 | 26,160,624 | 46,833,376 |
Surplus / (Deficit) |
|||
| Excess (deficiency) of revenues over (under) expenditures | 3,186,826 | -5,575,457 | -2,388,631 |
Data for year: 2013. Municipalities with available data: 78
Financial performance grade
A
Financial Health Ranking:
1 of 78
| Population | 34,864 |
|---|---|
| Area square miles | 31 |
| Number of public employees | 959 |
| Unemployment rate | 17.1% |
| Number of years in office | 26 |
Financial highlights
| Current assets | $ 97,142,946 |
|---|---|
| Current liabilities | $ 7,038,401 |
| Balance long term debt | $ 42,400,133 |
| Total assets | $ 198,407,096 |
| Total net position | $ 148,968,562 |
| Total unrestricted net position | $ 11,546,506 |
| General revenues | $ 34,674,489 |
| Change in net assets | $ 631,579 |
| General fund revenues | $ 23,803,304 |
| Government fund expenditures | $ 19,130,646 |
| Excess / Deficiency general fund | $ 4,672,658 |
| Net change in fund balance (GF) | $ -3,267,910 |
| End of year fund balance (GF) | $ 13,188,053 |
| Debt service expenditures | $ 3,653,978 |
| Intergovermental funds (GF) | $ 4,594,585 |
| Fund balance all funds | $ 84,420,774 |
Financial indicators
| Net change in fund balance / Total revenue (GF) | -13.7% (70 of 78) |
|---|---|
| End of year fund balance (GF) / Total expenditures (FG) | 68.9% (3 of 78) |
| Current assets per capita | $ 2,786 (2 of 78) |
| Current assets / Current liabilities | 13.80 (1 of 78) |
| Balance long term debt per capita | $ 1,216 (27 of 78) |
| General revenues / Balance long term debt | 81.8% (20 of 78) |
| Debt service expenditures annual income | 10.5% (53 of 78) |
| Excess / Deficiency general fund / Revenues | 19.6% (1 of 78) |
| Change in net assets / Revenues general fund | 1.8% (30 of 78) |
| Fund balance all funds per capita | $ 2,421 (2 of 78) |
| Fund balance all funds / Long term liabilities | 199.1% (1 of 78) |
| Intergovermental funds (GF) / Revenues (GF) | 19.3% (64 of 78) |
| Total unrestricted net position / Total assets | 5.8% (2 of 78) |
Financial statements
Summary |
General Fund |
Other Funds |
Total Gov. Funds |
|---|---|---|---|
| Fund balance (deficit) at end of fiscal year | 13,188,053 | 71,232,721 | 84,420,774 |
| Long term debt | 42,400,133 | 0 | 0 |
Revenues |
|||
| Sales and use tax | 0 | 5,641,303 | 5,641,303 |
| Intergovernmental grants and contributions | 4,594,585 | 165,540 | 4,760,125 |
| Construction excise and permits | 1,717,101 | 0 | 1,717,101 |
| Other Revenue | 1,326,315 | 39,478 | 1,365,793 |
| Rent | 336,328 | 0 | 336,328 |
| Property taxes | 8,294,066 | 4,750,033 | 13,044,099 |
| Volume of business tax | 7,534,909 | 0 | 7,534,909 |
| Federal grants and contributions | 0 | 6,933,580 | 6,933,580 |
| Total revenues | 23,803,304 | 17,529,934 | 41,333,238 |
Expenditures |
|||
| Education | 0 | 5,449,515 | 5,449,515 |
| Health and Sanitation | 3,493,982 | 0 | 3,493,982 |
| General government | 7,655,834 | 101,435 | 7,757,269 |
| Principal | 5,060 | 2,536,000 | 2,541,060 |
| Human Service and welfare | 904,833 | 1,003,218 | 1,908,051 |
| Public works | 1,706,659 | 0 | 1,706,659 |
| Culture and recreation | 1,339,234 | 0 | 1,339,234 |
| Interest and other | 12,318 | 1,100,600 | 1,112,918 |
| Public safety | 914,246 | 0 | 914,246 |
| Highway and Urban Development | 0 | 9,964,993 | 9,964,993 |
| Capital outlays | 339,755 | 8,095,799 | 8,435,554 |
| Total expenditures | 19,130,646 | 28,251,560 | 47,382,206 |
Surplus / (Deficit) |
|||
| Excess (deficiency) of revenues over (under) expenditures | 4,672,658 | -10,721,626 | -6,048,968 |
Data for year: 2012. Municipalities with available data: 77
Financial performance grade
A
Financial Health Ranking:
1 of 77
| Population | 35,510 |
|---|---|
| Unemployment rate | 18.0% |
Financial highlights
| Current assets | $ 107,282,222 |
|---|---|
| Current liabilities | $ 13,229,942 |
| Balance long term debt | $ 44,042,121 |
| Total assets | $ 201,605,078 |
| Total net position | $ 144,333,015 |
| Total unrestricted net position | $ 18,608,978 |
| General revenues | $ 31,882,983 |
| Change in net assets | $ 4,309,110 |
| General fund revenues | $ 24,268,845 |
| Government fund expenditures | $ 14,034,114 |
| Excess / Deficiency general fund | $ 10,234,731 |
| Net change in fund balance (GF) | $ 2,238,255 |
| End of year fund balance (GF) | $ 17,821,689 |
| Debt service expenditures | $ 1,521,030 |
| Intergovermental funds (GF) | $ 1,797,241 |
| Fund balance all funds | $ 86,725,174 |
Financial indicators
| Net change in fund balance / Total revenue (GF) | 9.2% (7 of 77) |
|---|---|
| End of year fund balance (GF) / Total expenditures (FG) | 127.0% (1 of 77) |
| Current assets per capita | $ 3,021 (2 of 77) |
| Current assets / Current liabilities | 8.11 (3 of 77) |
| Balance long term debt per capita | $ 1,240 (24 of 77) |
| General revenues / Balance long term debt | 72.4% (31 of 77) |
| Debt service expenditures annual income | 4.8% (76 of 77) |
| Excess / Deficiency general fund / Revenues | 42.2% (1 of 77) |
| Change in net assets / Revenues general fund | 13.5% (22 of 77) |
| Fund balance all funds per capita | $ 2,442 (2 of 77) |
| Fund balance all funds / Long term liabilities | 196.9% (1 of 77) |
| Intergovermental funds (GF) / Revenues (GF) | 7.4% (77 of 77) |
| Total unrestricted net position / Total assets | 9.2% (3 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
A
Financial Health Ranking:
1 of 78
| Population | 36,220 |
|---|---|
| Unemployment rate | 20.3% |
Financial highlights
| Current assets | $ 78,069,026 |
|---|---|
| Current liabilities | $ 7,047,867 |
| Balance long term debt | $ 20,769,274 |
| Total assets | $ 167,841,046 |
| Total net position | $ 140,023,905 |
| Total unrestricted net position | $ 12,675,643 |
| General revenues | $ 26,843,362 |
| Change in net assets | $ 13,357,504 |
| General fund revenues | $ 19,924,265 |
| Government fund expenditures | $ 14,913,898 |
| Excess / Deficiency general fund | $ 5,010,367 |
| Net change in fund balance (GF) | $ 1,053,571 |
| End of year fund balance (GF) | $ 15,583,434 |
| Debt service expenditures | $ 3,188,103 |
| Intergovermental funds (GF) | $ 1,775,359 |
| Fund balance all funds | $ 60,766,970 |
Financial indicators
| Net change in fund balance / Total revenue (GF) | 5.3% (24 of 78) |
|---|---|
| End of year fund balance (GF) / Total expenditures (FG) | 104.5% (2 of 78) |
| Current assets per capita | $ 2,155 (2 of 78) |
| Current assets / Current liabilities | 11.08 (1 of 78) |
| Balance long term debt per capita | $ 573 (55 of 78) |
| General revenues / Balance long term debt | 129.2% (6 of 78) |
| Debt service expenditures annual income | 11.9% (32 of 78) |
| Excess / Deficiency general fund / Revenues | 25.1% (1 of 78) |
| Change in net assets / Revenues general fund | 49.8% (3 of 78) |
| Fund balance all funds per capita | $ 1,678 (2 of 78) |
| Fund balance all funds / Long term liabilities | 292.6% (1 of 78) |
| Intergovermental funds (GF) / Revenues (GF) | 8.9% (75 of 78) |
| Total unrestricted net position / Total assets | 7.6% (2 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
A
Financial Health Ranking:
1 of 78
| Population | 36,876 |
|---|---|
| Unemployment rate | 20.1% |
Financial highlights
| Current assets | $ 68,035,302 |
|---|---|
| Current liabilities | $ 8,145,086 |
| Balance long term debt | $ 24,244,024 |
| Total assets | $ 159,055,511 |
| Total net position | $ 126,666,401 |
| Total unrestricted net position | $ 16,752,525 |
| General revenues | $ 27,745,407 |
| Change in net assets | $ 8,327,474 |
| General fund revenues | $ 19,664,873 |
| Government fund expenditures | $ 16,366,218 |
| Excess / Deficiency general fund | $ 3,298,655 |
| Net change in fund balance (GF) | $ 883,805 |
| End of year fund balance (GF) | $ 14,529,863 |
| Debt service expenditures | $ 1,685,045 |
| Intergovermental funds (GF) | $ 2,243,867 |
| Fund balance all funds | $ 54,779,180 |
Financial indicators
| Net change in fund balance / Total revenue (GF) | 4.5% (14 of 78) |
|---|---|
| End of year fund balance (GF) / Total expenditures (FG) | 88.8% (2 of 78) |
| Current assets per capita | $ 1,845 (3 of 78) |
| Current assets / Current liabilities | 8.35 (2 of 78) |
| Balance long term debt per capita | $ 657 (40 of 78) |
| General revenues / Balance long term debt | 114.4% (12 of 78) |
| Debt service expenditures annual income | 6.1% (69 of 78) |
| Excess / Deficiency general fund / Revenues | 16.8% (2 of 78) |
| Change in net assets / Revenues general fund | 30.0% (12 of 78) |
| Fund balance all funds per capita | $ 1,486 (2 of 78) |
| Fund balance all funds / Long term liabilities | 225.9% (1 of 78) |
| Intergovermental funds (GF) / Revenues (GF) | 11.4% (70 of 78) |
| Total unrestricted net position / Total assets | 10.5% (1 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 | |||