Las Marías Municipal Fiscal Health
Data for year: 2021. Municipalities with available data: 78
Financial performance grade
F
Financial Health Ranking:
71 of 78
| Population | 8,818 |
|---|
Financial highlights
| Current assets | $ 4,252,446 |
|---|---|
| Current liabilities | $ 3,846,575 |
| Balance long term debt | $ 11,587,602 |
| Total assets | $ 19,892,493 |
| Total unrestricted net position | $ -19,622,043 |
| General revenues | $ 6,227,475 |
| Change in net assets | $ -3,507,763 |
| General fund revenues | $ 5,415,249 |
| Government fund expenditures | $ 5,679,219 |
| Excess / Deficiency general fund | $ -263,970 |
| Net change in fund balance (GF) | $ -598,982 |
| End of year fund balance (GF) | $ 485,078 |
| Debt service expenditures | $ 840,848 |
| Intergovermental funds (GF) | $ 3,041,367 |
| Fund balance all funds | $ -815,450 |
Financial indicators
| Net change in fund balance / Total revenue (GF) | -11.1% (68 of 78) |
|---|---|
| End of year fund balance (GF) / Total expenditures (FG) | 8.5% (42 of 78) |
| Current assets per capita | $ 482 (59 of 78) |
| Current assets / Current liabilities | 1.11 (67 of 78) |
| Balance long term debt per capita | $ 1,314 (57 of 78) |
| General revenues / Balance long term debt | 80.9% (53 of 78) |
| Debt service expenditures annual income | 9.0% (56 of 78) |
| Excess / Deficiency general fund / Revenues | -4.9% (40 of 78) |
| Change in net assets / Revenues general fund | -56.3% (72 of 78) |
| Fund balance all funds per capita | $ -92 (70 of 78) |
| Fund balance all funds / Long term liabilities | -7.0% (70 of 78) |
| Intergovermental funds (GF) / Revenues (GF) | 56.2% (68 of 78) |
| Total unrestricted net position / Total assets | -98.6% (68 of 78) |
Financial statements
Summary |
General Fund |
Other Funds |
Total Gov. Funds |
|---|---|---|---|
| Fund Balances at End of Year | 485,078 | -1,300,528 | -815,450 |
Revenues |
|||
| Property taxes | 512,517 | 136,017 | 648,534 |
| Municipal taxes | 76,838 | 0 | 76,838 |
| Sales and use tax | 713,851 | 627,929 | 1,341,780 |
| Construction excise taxes | 110,165 | 0 | 110,165 |
| Grants | 3,041,367 | 3,147,110 | 6,188,477 |
| Charges for services | 35,894 | 0 | 35,894 |
| Interest | 0 | 27 | 27 |
| Other | 924,617 | 48,258 | 972,875 |
| Total Revenues | 5,415,249 | 3,959,341 | 9,374,590 |
Expenditures |
|||
| General administration | 3,107,311 | 2,873,983 | 5,981,294 |
| Public safety | 436,670 | 929,462 | 1,366,132 |
| Education, culture and recreation | 118,938 | 0 | 118,938 |
| Urban and economic development | 1,088,428 | 768,586 | 1,857,014 |
| Health and sanitation | 0 | 0 | 0 |
| Public housing | 479,782 | 1,134,909 | 1,614,691 |
| Debt service:Principal | 123,486 | 334,700 | 458,186 |
| Debt service:Interest | 324,604 | 58,058 | 382,662 |
| Total expenditures | 5,679,219 | 6,099,698 | 11,778,917 |
Surplus / (Deficit) |
|||
| Excess (deficiency ) of revenues over (under) expenditures | -263,970 | -2,140,357 | -2,404,327 |
Data for year: 2020. Municipalities with available data: 72
Financial performance grade
F
Financial Health Ranking:
65 of 72
| Population | 8,874 |
|---|---|
| Area square miles | 46 |
| Number of public employees | 333 |
Financial highlights
| Current assets | $ 4,323,623 |
|---|---|
| Current liabilities | $ 3,272,440 |
| Balance long term debt | $ 9,972,357 |
| Total assets | $ 21,330,626 |
| Total unrestricted net position | $ -6,761,933 |
| General revenues | $ 8,160,152 |
| Change in net assets | $ -935,932 |
| General fund revenues | $ 7,121,391 |
| Government fund expenditures | $ 8,706,181 |
| Excess / Deficiency general fund | $ -1,584,790 |
| Net change in fund balance (GF) | $ -192,882 |
| End of year fund balance (GF) | $ 1,084,060 |
| Debt service expenditures | $ 558,459 |
| Intergovermental funds (GF) | $ 5,733,405 |
| Fund balance all funds | $ -147,050 |
Financial indicators
| Net change in fund balance / Total revenue (GF) | -2.7% (48 of 72) |
|---|---|
| End of year fund balance (GF) / Total expenditures (FG) | 12.5% (35 of 72) |
| Current assets per capita | $ 487 (41 of 72) |
| Current assets / Current liabilities | 1.32 (58 of 72) |
| Balance long term debt per capita | $ 1,124 (51 of 72) |
| General revenues / Balance long term debt | 111.6% (26 of 72) |
| Debt service expenditures annual income | 5.0% (17 of 72) |
| Excess / Deficiency general fund / Revenues | -22.3% (63 of 72) |
| Change in net assets / Revenues general fund | -11.5% (50 of 72) |
| Fund balance all funds per capita | $ -17 (61 of 72) |
| Fund balance all funds / Long term liabilities | -1.5% (61 of 72) |
| Intergovermental funds (GF) / Revenues (GF) | 80.5% (72 of 72) |
| Total unrestricted net position / Total assets | -31.7% (56 of 72) |
Financial statements
Summary |
General Fund |
Other Funds |
Total Gov. Funds |
|---|---|---|---|
| Fund balance at end of year | 1,084,060 | -1,231,110 | -147,050 |
Revenues |
|||
| Property Taxes | 610,103 | 71,866 | 681,969 |
| Municipal taxes | 150,384 | 0 | 150,384 |
| Sales and use tax | 483,453 | 415,832 | 899,285 |
| Construction Excise Taxes | 88,249 | 0 | 88,249 |
| Grants | 5,733,405 | 2,849,185 | 8,582,590 |
| Charges for services | 23,480 | 119,804 | 143,284 |
| Interest | 0 | 317 | 317 |
| Other | 32,317 | 550,746 | 583,063 |
| Total Revenues | 7,121,391 | 4,007,750 | 11,129,141 |
Expenditures |
|||
| General administration | 4,263,307 | 398,912 | 4,662,219 |
| Public safety | 711,166 | 1,436 | 712,602 |
| Education, culture and recreation | 372,941 | 0 | 372,941 |
| Urban and economic development | 2,422,499 | 1,276,788 | 3,699,287 |
| Health and sanitation | 41,258 | 0 | 41,258 |
| Public housing | 895,010 | 535,820 | 1,430,830 |
| Debt Service: Principal | 0 | 322,105 | 322,105 |
| Debt Service: Interest | 0 | 236,354 | 236,354 |
| Total expenditures | 8,706,181 | 2,771,415 | 11,477,596 |
Surplus / (Deficit) |
|||
| Excess (deficiency) of revenue over expenditures | -1,584,790 | 1,236,335 | -348,455 |
Data for year: 2019. Municipalities with available data: 71
Financial performance grade
D
Financial Health Ranking:
56 of 71
| Population | 7,927 |
|---|---|
| Area square miles | 46 |
| Number of public employees | 364 |
| Unemployment rate | 10.2% |
| Mayor's annual salary | $ 54,000 |
Financial highlights
| Current assets | $ 6,571,435 |
|---|---|
| Current liabilities | $ 3,596,158 |
| Balance long term debt | $ 34,198,550 |
| Total assets | $ 24,274,202 |
| Total net position | $ -11,909,839 |
| Total unrestricted net position | $ -26,819,200 |
| General revenues | $ 8,051,997 |
| Change in net assets | $ -889,142 |
| General fund revenues | $ 6,707,790 |
| Government fund expenditures | $ 10,999,163 |
| Excess / Deficiency general fund | $ -920,236 |
| Net change in fund balance (GF) | $ 2,400,842 |
| End of year fund balance (GF) | $ 1,276,942 |
| Debt service expenditures | $ 1,589,209 |
| Intergovermental funds (GF) | $ 4,903,650 |
| Fund balance all funds | $ 201,404 |
Financial indicators
| Net change in fund balance / Total revenue (GF) | 35.8% (6 of 71) |
|---|---|
| End of year fund balance (GF) / Total expenditures (FG) | 16.7% (31 of 71) |
| Current assets per capita | $ 829 (20 of 71) |
| Current assets / Current liabilities | 1.83 (52 of 71) |
| Balance long term debt per capita | $ 4,314 (56 of 71) |
| General revenues / Balance long term debt | 19.6% (41 of 71) |
| Debt service expenditures annual income | 15.5% (36 of 71) |
| Excess / Deficiency general fund / Revenues | -13.7% (55 of 71) |
| Change in net assets / Revenues general fund | -13.3% (65 of 71) |
| Fund balance all funds per capita | $ 25 (61 of 71) |
| Fund balance all funds / Long term liabilities | 0.6% (60 of 71) |
| Intergovermental funds (GF) / Revenues (GF) | 73.1% (71 of 71) |
| Total unrestricted net position / Total assets | -11.9% (43 of 71) |
Financial statements
Summary |
General Fund |
Other Funds |
Total Gov. Funds |
|---|---|---|---|
| Fund balance (deficit) at end of fiscal year | 1,276,942 | -1,075,538 | 201,404 |
Revenues |
|||
| Property taxes | 416,966 | 185,771 | 602,737 |
| Municipal taxes | 110,897 | 0 | 110,897 |
| Sales and use tax | 158,858 | 663,178 | 822,036 |
| Construction excise and permits | 84,010 | 0 | 84,010 |
| Grants and contributions | 4,903,650 | 1,742,727 | 6,646,377 |
| Charge for services | 55,705 | 70,433 | 126,138 |
| Interest and other | 0 | 12,605 | 12,605 |
| Other | 977,704 | 852,091 | 1,829,795 |
| Total revenues | 6,707,790 | 3,526,805 | 10,234,595 |
Expenditures |
|||
| General government | 4,565,603 | 533,405 | 5,099,008 |
| Public safety | 529,691 | 29,763 | 559,454 |
| Education | 147,686 | 0 | 147,686 |
| Urban and economic development | 1,037,666 | 1,018,003 | 2,055,669 |
| Health and sanitation | 862,673 | 0 | 862,673 |
| Housing | 484,707 | 200,757 | 685,464 |
| Debt service: Principal | 0 | 1,228,041 | 1,228,041 |
| Debt service: Interest | 0 | 361,168 | 361,168 |
| Total expenditures | 7,628,026 | 3,371,137 | 10,999,163 |
Surplus / (Deficit) |
|||
| Excess (deficiency) of revenues over (under) expenditures | -920,236 | 155,668 | -764,568 |
Data for year: 2018. Municipalities with available data: 72
Financial performance grade
F
Financial Health Ranking:
71 of 72
| Population | 7,961 |
|---|---|
| Area square miles | 46 |
| Number of public employees | 207 |
| Unemployment rate | 13.6% |
| Mayor's annual salary | $ 54,000 |
Financial highlights
| Current assets | $ 7,424,654 |
|---|---|
| Current liabilities | $ 5,998,421 |
| Balance long term debt | $ 32,940,033 |
| Total assets | $ 26,131,040 |
| Total net position | $ -11,020,697 |
| Total unrestricted net position | $ -23,682,944 |
| General revenues | $ 6,021,657 |
| Change in net assets | $ -3,253,088 |
| General fund revenues | $ 5,484,159 |
| Government fund expenditures | $ 13,355,525 |
| Excess / Deficiency general fund | $ -1,160,155 |
| Net change in fund balance (GF) | $ -1,277,798 |
| End of year fund balance (GF) | $ -1,123,900 |
| Debt service expenditures | $ 880,910 |
| Intergovermental funds (GF) | $ 4,383,467 |
| Fund balance all funds | $ -1,534,028 |
Financial indicators
| Net change in fund balance / Total revenue (GF) | -23.3% (72 of 72) |
|---|---|
| End of year fund balance (GF) / Total expenditures (FG) | -16.9% (49 of 72) |
| Current assets per capita | $ 933 (17 of 72) |
| Current assets / Current liabilities | 1.24 (63 of 72) |
| Balance long term debt per capita | $ 1,133 (24 of 72) |
| General revenues / Balance long term debt | 115.5% (30 of 72) |
| Debt service expenditures annual income | 8.5% (38 of 72) |
| Excess / Deficiency general fund / Revenues | -21.2% (71 of 72) |
| Change in net assets / Revenues general fund | -54.0% (69 of 72) |
| Fund balance all funds per capita | $ -193 (68 of 72) |
| Fund balance all funds / Long term liabilities | -17.0% (69 of 72) |
| Intergovermental funds (GF) / Revenues (GF) | 79.9% (2 of 72) |
| Total unrestricted net position / Total assets | 0.9% (24 of 72) |
Financial statements
Summary |
General Fund |
Other Funds |
Total Gov. Funds |
|---|---|---|---|
| Fund balance (deficit) at end of fiscal year | -1,123,900 | -410,128 | -1,534,028 |
Revenues |
|||
| Property taxes | 389,252 | 43,105 | 432,357 |
| Municipal taxes | 123,640 | 0 | 123,640 |
| Sales and use tax | 450,277 | 665,227 | 1,115,504 |
| Construction excise and permits | 39,756 | 0 | 39,756 |
| Grants and contributions | 4,383,467 | 3,842,920 | 8,226,387 |
| Charge for services | 21,353 | 3,171 | 24,524 |
| Interest and other | 0 | 9,398 | 9,398 |
| Other | 76,414 | 0 | 76,414 |
| Total revenues | 5,484,159 | 4,563,821 | 10,047,980 |
Expenditures |
|||
| General government | 3,638,797 | 441,154 | 4,079,951 |
| Public safety | 719,677 | 17,523 | 737,200 |
| Education | 282,878 | 0 | 282,878 |
| Urban and economic development | 943,877 | 5,257,031 | 6,200,908 |
| Health and sanitation | 446,151 | 0 | 446,151 |
| Housing | 353,846 | 373,681 | 727,527 |
| Capital outlays | 0 | 0 | 0 |
| Debt service: Principal | 103,227 | 390,000 | 493,227 |
| Debt service: Interest | 155,861 | 231,822 | 387,683 |
| Total expenditures | 6,644,314 | 6,711,211 | 13,355,525 |
Surplus / (Deficit) |
|||
| Excess (deficiency) of revenues over (under) expenditures | -1,160,155 | -2,147,390 | -3,307,545 |
Data for year: 2016. Municipalities with available data: 68
Financial performance grade
B
Financial Health Ranking:
15 of 68
| Population | 8,645 |
|---|---|
| Number of public employees | 307 |
| Unemployment rate | 15.7% |
| Mayor's annual salary | $ 60,000 |
Financial highlights
| Current assets | $ 4,182,069 |
|---|---|
| Current liabilities | $ 1,686,785 |
| Balance long term debt | $ 10,630,475 |
| Total assets | $ 25,285,693 |
| Total unrestricted net position | $ -14,536,573 |
| General revenues | $ 8,746,006 |
| Change in net assets | $ 312,809 |
| General fund revenues | $ 7,439,820 |
| Excess / Deficiency general fund | $ -13,157 |
| Net change in fund balance (GF) | $ 545,525 |
| End of year fund balance (GF) | $ 1,574,226 |
| Debt service expenditures | $ 551,217 |
| Intergovermental funds (GF) | $ 1,100,793 |
| Fund balance all funds | $ 2,410,497 |
Financial indicators
| Net change in fund balance / Total revenue (GF) | 7.3% (6 of 68) |
|---|---|
| End of year fund balance (GF) / Total expenditures (FG) | 21.1% (17 of 68) |
| Current assets per capita | $ 484 (33 of 68) |
| Current assets / Current liabilities | 2.48 (43 of 68) |
| Balance long term debt per capita | $ 1,230 (24 of 68) |
| General revenues / Balance long term debt | 82.3% (18 of 68) |
| Debt service expenditures annual income | 6.3% (61 of 68) |
| Excess / Deficiency general fund / Revenues | -0.2% (27 of 68) |
| Change in net assets / Revenues general fund | 3.6% (26 of 68) |
| Fund balance all funds per capita | $ 279 (30 of 68) |
| Fund balance all funds / Long term liabilities | 22.7% (35 of 68) |
| Intergovermental funds (GF) / Revenues (GF) | 14.8% (52 of 68) |
| Total unrestricted net position / Total assets | -57.5% (66 of 68) |
Financial statements
Summary |
General Fund |
Other Funds |
Total Gov. Funds |
|---|---|---|---|
| Fund balance (deficit) at end of fiscal year | 1,574,226 | 836,271 | 2,410,497 |
Revenues |
|||
| Property taxes | 5,185,081 | 184,548 | 5,369,629 |
| Licenses, permit and fines | 111,929 | 0 | 111,929 |
| Construction excise and permits | 35,811 | 0 | 35,811 |
| Sales and use tax | 726,616 | 645,770 | 1,372,386 |
| Charge for services | 49,649 | 1,111 | 50,760 |
| Grants and contributions | 1,100,793 | 3,229,936 | 4,330,729 |
| Interest and other | 1,200 | 3,922 | 5,122 |
| Miscellaneous | 228,741 | 1,671 | 230,412 |
| Total revenues | 7,439,820 | 4,066,958 | 11,506,778 |
Expenditures |
|||
| General government | 3,848,836 | 0 | 3,848,836 |
| Urban and economic development | 1,002,063 | 1,595,063 | 2,597,126 |
| Public safety | 718,757 | 18,035 | 736,792 |
| Health and sanitation | 467,937 | 0 | 467,937 |
| Culture and recreation | 226,528 | 657,157 | 883,685 |
| Housing | 709,572 | 524,265 | 1,233,837 |
| Debt service: Principal | 154,000 | 192,000 | 346,000 |
| Debt service: Interest | 93,428 | 111,789 | 205,217 |
| Capital outlays | 231,856 | 1,019,381 | 1,251,237 |
| Total expenditures | 7,452,977 | 4,117,690 | 11,570,667 |
Surplus / (Deficit) |
|||
| Excess (deficiency) of revenues over (under) expenditures | -13,157 | -50,732 | -63,889 |
Data for year: 2015. Municipalities with available data: 75
Financial performance grade
B
Financial Health Ranking:
20 of 75
| Population | 8,881 |
|---|---|
| Area square miles | 47 |
| Number of public employees | 326 |
| Unemployment rate | 16.9% |
| Mayor's annual salary | $ 60,000 |
Financial highlights
| Current assets | $ 3,385,556 |
|---|---|
| Current liabilities | $ 770,044 |
| Balance long term debt | $ 11,381,486 |
| Total assets | $ 24,807,154 |
| Total net position | $ 12,655,624 |
| Total unrestricted net position | $ -3,770,788 |
| General revenues | $ 7,913,660 |
| Change in net assets | $ -152,258 |
| General fund revenues | $ 6,724,361 |
| Government fund expenditures | $ 10,018,451 |
| Excess / Deficiency general fund | $ -93,980 |
| Net change in fund balance (GF) | $ 191,525 |
| End of year fund balance (GF) | $ 1,028,701 |
| Debt service expenditures | $ 295,215 |
| Intergovermental funds (GF) | $ 599,794 |
| Fund balance all funds | $ 2,474,386 |
Financial indicators
| Net change in fund balance / Total revenue (GF) | 2.8% (35 of 75) |
|---|---|
| End of year fund balance (GF) / Total expenditures (FG) | 10.3% (25 of 75) |
| Current assets per capita | $ 381 (47 of 75) |
| Current assets / Current liabilities | 4.40 (22 of 75) |
| Balance long term debt per capita | $ 1,282 (23 of 75) |
| General revenues / Balance long term debt | 69.5% (27 of 75) |
| Debt service expenditures annual income | 3.7% (74 of 75) |
| Excess / Deficiency general fund / Revenues | -1.4% (43 of 75) |
| Change in net assets / Revenues general fund | -1.9% (42 of 75) |
| Fund balance all funds per capita | $ 279 (33 of 75) |
| Fund balance all funds / Long term liabilities | 21.7% (40 of 75) |
| Intergovermental funds (GF) / Revenues (GF) | 8.9% (74 of 75) |
| Total unrestricted net position / Total assets | -15.2% (42 of 75) |
Financial statements
Summary |
General Fund |
Other Funds |
Total Gov. Funds |
|---|---|---|---|
| Fund balance (deficit) at end of fiscal year | 1,028,701 | 1,445,685 | 2,474,386 |
Revenues |
|||
| Property taxes | 5,216,826 | 93,064 | 5,309,890 |
| Grants and contributions | 599,794 | 2,684,766 | 3,284,560 |
| Sales and use tax | 624,943 | 469,889 | 1,094,832 |
| Construction excise and permits | 121,570 | 0 | 121,570 |
| Licenses, permit and fines | 109,549 | 0 | 109,549 |
| Miscellaneous | 26,433 | 1,234 | 27,667 |
| Charge for services | 23,148 | 1,072 | 24,220 |
| Interest and other | 2,098 | 2,281 | 4,379 |
| Total revenues | 6,724,361 | 3,252,306 | 9,976,667 |
Expenditures |
|||
| General government | 3,613,892 | 21,227 | 3,635,119 |
| Urban and economic development | 1,134,175 | 985,709 | 2,119,884 |
| Interest and other | 0 | 111,453 | 111,453 |
| Principal | 0 | 181,000 | 181,000 |
| Housing | 692,923 | 495,538 | 1,188,461 |
| Capital outlays | 63,788 | 1,058,611 | 1,122,399 |
| Public safety | 654,002 | 33,323 | 687,325 |
| Culture and recreation | 188,003 | 305,976 | 493,979 |
| Health and sanitation | 471,558 | 7,273 | 478,831 |
| Total expenditures | 6,818,341 | 3,200,110 | 10,018,451 |
Surplus / (Deficit) |
|||
| Excess (deficiency) of revenues over (under) expenditures | -93,980 | 52,196 | -41,784 |
Data for year: 2014. Municipalities with available data: 78
Financial performance grade
B
Financial Health Ranking:
19 of 78
| Population | 9,158 |
|---|---|
| Area square miles | 47 |
| Number of public employees | 205 |
| Unemployment rate | 25.2% |
| Mayor's annual salary | $ 60,000 |
| Number of years in office | 2 |
Financial highlights
| Current assets | $ 3,821,597 |
|---|---|
| Current liabilities | $ 974,324 |
| Balance long term debt | $ 11,538,956 |
| Total assets | $ 25,321,162 |
| Total net position | $ 12,807,882 |
| Total unrestricted net position | $ -15,030,271 |
| General revenues | $ 8,090,604 |
| Change in net assets | $ -155,221 |
| General fund revenues | $ 7,469,929 |
| Government fund expenditures | $ 6,694,848 |
| Excess / Deficiency general fund | $ 775,081 |
| Net change in fund balance (GF) | $ 995,919 |
| End of year fund balance (GF) | $ 837,176 |
| Debt service expenditures | $ 598,408 |
| Intergovermental funds (GF) | $ 1,136,457 |
| Fund balance all funds | $ 2,516,170 |
Financial indicators
| Net change in fund balance / Total revenue (GF) | 13.3% (11 of 78) |
|---|---|
| End of year fund balance (GF) / Total expenditures (FG) | 12.5% (24 of 78) |
| Current assets per capita | $ 417 (45 of 78) |
| Current assets / Current liabilities | 3.92 (28 of 78) |
| Balance long term debt per capita | $ 1,260 (24 of 78) |
| General revenues / Balance long term debt | 70.1% (29 of 78) |
| Debt service expenditures annual income | 7.4% (71 of 78) |
| Excess / Deficiency general fund / Revenues | 10.4% (12 of 78) |
| Change in net assets / Revenues general fund | -1.9% (56 of 78) |
| Fund balance all funds per capita | $ 275 (35 of 78) |
| Fund balance all funds / Long term liabilities | 21.8% (43 of 78) |
| Intergovermental funds (GF) / Revenues (GF) | 15.2% (69 of 78) |
| Total unrestricted net position / Total assets | -59.4% (74 of 78) |
Financial statements
Summary |
General Fund |
Other Funds |
Total Gov. Funds |
|---|---|---|---|
| Long term debt | 11,538,956 | 0 | 0 |
| Fund balance (deficit) at end of fiscal year | 837,176 | 1,678,994 | 2,516,170 |
Revenues |
|||
| Other Revenue | 125,148 | 40 | 125,188 |
| Licenses, permit and fines | 124,662 | 0 | 124,662 |
| Construction excise and permits | 62,618 | 0 | 62,618 |
| Charge for services | 23,287 | 0 | 23,287 |
| Interest and other | 2,927 | 2,628 | 5,555 |
| Property taxes | 5,280,995 | 120,636 | 5,401,631 |
| Federal grants and contributions | 1,136,457 | 2,516,106 | 3,652,563 |
| Sales and use tax | 713,835 | 521,913 | 1,235,748 |
| Total revenues | 7,469,929 | 3,161,323 | 10,631,252 |
Expenditures |
|||
| Public safety | 766,728 | 0 | 766,728 |
| Health and Sanitation | 513,677 | 0 | 513,677 |
| Principal | 0 | 423,000 | 423,000 |
| Culture and recreation | 258,147 | 134,026 | 392,173 |
| Capital outlays | 109,747 | 268,608 | 378,355 |
| Interest and other | 0 | 175,408 | 175,408 |
| General government | 3,163,459 | 5,806 | 3,169,265 |
| Community and economic development | 1,168,857 | 1,734,612 | 2,903,469 |
| Housing | 714,233 | 560,832 | 1,275,065 |
| Total expenditures | 6,694,848 | 3,302,292 | 9,997,140 |
Surplus / (Deficit) |
|||
| Excess (deficiency) of revenues over (under) expenditures | 775,081 | -140,969 | 634,112 |
Data for year: 2013. Municipalities with available data: 78
Financial performance grade
D
Financial Health Ranking:
59 of 78
| Population | 9,353 |
|---|---|
| Area square miles | 47 |
| Number of public employees | 205 |
| Unemployment rate | 24.1% |
| Mayor's annual salary | $ 60,000 |
| Number of years in office | 2 |
Financial highlights
| Current assets | $ 3,784,640 |
|---|---|
| Current liabilities | $ 1,458,565 |
| Balance long term debt | $ 11,669,072 |
| Total assets | $ 26,090,740 |
| Total net position | $ 12,963,103 |
| Total unrestricted net position | $ -16,099,302 |
| General revenues | $ 8,988,649 |
| Change in net assets | $ -1,425,254 |
| General fund revenues | $ 8,013,656 |
| Government fund expenditures | $ 8,645,624 |
| Excess / Deficiency general fund | $ -631,968 |
| Net change in fund balance (GF) | $ -819,489 |
| End of year fund balance (GF) | $ -158,743 |
| Debt service expenditures | $ 605,830 |
| Intergovermental funds (GF) | $ 5,785,831 |
| Fund balance all funds | $ 1,882,058 |
Financial indicators
| Net change in fund balance / Total revenue (GF) | -10.2% (67 of 78) |
|---|---|
| End of year fund balance (GF) / Total expenditures (FG) | -1.8% (35 of 78) |
| Current assets per capita | $ 405 (48 of 78) |
| Current assets / Current liabilities | 2.59 (40 of 78) |
| Balance long term debt per capita | $ 1,248 (26 of 78) |
| General revenues / Balance long term debt | 77.0% (24 of 78) |
| Debt service expenditures annual income | 6.7% (72 of 78) |
| Excess / Deficiency general fund / Revenues | -7.9% (51 of 78) |
| Change in net assets / Revenues general fund | -15.9% (61 of 78) |
| Fund balance all funds per capita | $ 201 (42 of 78) |
| Fund balance all funds / Long term liabilities | 16.1% (49 of 78) |
| Intergovermental funds (GF) / Revenues (GF) | 72.2% (4 of 78) |
| Total unrestricted net position / Total assets | -61.7% (75 of 78) |
Financial statements
Summary |
General Fund |
Other Funds |
Total Gov. Funds |
|---|---|---|---|
| Long term debt | 11,669,072 | 0 | 0 |
| Fund balance (deficit) at end of fiscal year | -158,743 | 2,040,801 | 1,882,058 |
Revenues |
|||
| Property taxes | 650,797 | 124,303 | 775,100 |
| Construction excise and permits | 113,806 | 510,179 | 623,985 |
| Licenses, permit and fines | 123,449 | 0 | 123,449 |
| Other Revenue | 25,397 | 0 | 25,397 |
| Charge for services | 17,325 | 0 | 17,325 |
| Interest and other | 1,516 | 5,522 | 7,038 |
| Federal grants and contributions | 5,785,831 | 3,543,115 | 9,328,946 |
| Sales and use tax | 1,295,535 | 0 | 1,295,535 |
| Total revenues | 8,013,656 | 4,183,119 | 12,196,775 |
Expenditures |
|||
| Culture and recreation | 465,254 | 158,347 | 623,601 |
| Public safety | 600,206 | 12,575 | 612,781 |
| Principal | 0 | 415,000 | 415,000 |
| Health and Sanitation | 228,679 | 0 | 228,679 |
| Interest and other | 0 | 190,830 | 190,830 |
| Community and economic development | 3,318,341 | 3,022,829 | 6,341,170 |
| General government | 3,212,113 | 81,972 | 3,294,085 |
| Housing | 509,181 | 587,544 | 1,096,725 |
| Capital outlays | 311,850 | 631,381 | 943,231 |
| Total expenditures | 8,645,624 | 5,100,478 | 13,746,102 |
Surplus / (Deficit) |
|||
| Excess (deficiency) of revenues over (under) expenditures | -631,968 | -917,359 | -1,549,327 |
Data for year: 2012. Municipalities with available data: 77
Financial performance grade
C
Financial Health Ranking:
49 of 77
| Population | 9,509 |
|---|---|
| Unemployment rate | 16.2% |
Financial highlights
| Current assets | $ 5,145,121 |
|---|---|
| Current liabilities | $ 1,397,764 |
| Balance long term debt | $ 12,205,635 |
| Total assets | $ 27,991,756 |
| Total net position | $ 14,388,357 |
| Total unrestricted net position | $ -5,836,083 |
| General revenues | $ 7,808,565 |
| Change in net assets | $ -1,378,692 |
| General fund revenues | $ 7,203,467 |
| Government fund expenditures | $ 7,127,976 |
| Excess / Deficiency general fund | $ 75,491 |
| Net change in fund balance (GF) | $ 441,054 |
| End of year fund balance (GF) | $ 660,746 |
| Debt service expenditures | $ 659,399 |
| Intergovermental funds (GF) | $ 5,482,576 |
| Fund balance all funds | $ 3,431,385 |
Financial indicators
| Net change in fund balance / Total revenue (GF) | 6.1% (14 of 77) |
|---|---|
| End of year fund balance (GF) / Total expenditures (FG) | 9.3% (26 of 77) |
| Current assets per capita | $ 541 (34 of 77) |
| Current assets / Current liabilities | 3.68 (18 of 77) |
| Balance long term debt per capita | $ 1,284 (19 of 77) |
| General revenues / Balance long term debt | 64.0% (37 of 77) |
| Debt service expenditures annual income | 8.4% (62 of 77) |
| Excess / Deficiency general fund / Revenues | 1.0% (26 of 77) |
| Change in net assets / Revenues general fund | -17.7% (73 of 77) |
| Fund balance all funds per capita | $ 361 (30 of 77) |
| Fund balance all funds / Long term liabilities | 28.1% (43 of 77) |
| Intergovermental funds (GF) / Revenues (GF) | 76.1% (2 of 77) |
| Total unrestricted net position / Total assets | -20.8% (50 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:
34 of 78
| Population | 9,679 |
|---|---|
| Unemployment rate | 16.8% |
Financial highlights
| Current assets | $ 3,416,388 |
|---|---|
| Current liabilities | $ 4,152,015 |
| Balance long term debt | $ 11,283,029 |
| Total assets | $ 31,202,093 |
| Total net position | $ 15,767,049 |
| Total unrestricted net position | $ -9,716,441 |
| General revenues | $ 8,838,337 |
| Change in net assets | $ 1,093,453 |
| General fund revenues | $ 7,628,007 |
| Government fund expenditures | $ 6,473,277 |
| Excess / Deficiency general fund | $ 1,154,730 |
| Net change in fund balance (GF) | $ 770,647 |
| End of year fund balance (GF) | $ 1,079,692 |
| Debt service expenditures | $ 981,159 |
| Intergovermental funds (GF) | $ 4,899,287 |
| Fund balance all funds | $ 5,041,352 |
Financial indicators
| Net change in fund balance / Total revenue (GF) | 10.1% (13 of 78) |
|---|---|
| End of year fund balance (GF) / Total expenditures (FG) | 16.7% (13 of 78) |
| Current assets per capita | $ 353 (60 of 78) |
| Current assets / Current liabilities | 0.82 (73 of 78) |
| Balance long term debt per capita | $ 1,166 (26 of 78) |
| General revenues / Balance long term debt | 78.3% (29 of 78) |
| Debt service expenditures annual income | 11.1% (38 of 78) |
| Excess / Deficiency general fund / Revenues | 15.1% (2 of 78) |
| Change in net assets / Revenues general fund | 12.4% (31 of 78) |
| Fund balance all funds per capita | $ 521 (20 of 78) |
| Fund balance all funds / Long term liabilities | 44.7% (35 of 78) |
| Intergovermental funds (GF) / Revenues (GF) | 64.2% (8 of 78) |
| Total unrestricted net position / Total assets | -31.1% (59 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
C
Financial Health Ranking:
52 of 78
| Population | 9,868 |
|---|---|
| Unemployment rate | 18.3% |
Financial highlights
| Current assets | $ 2,093,966 |
|---|---|
| Current liabilities | $ 3,189,152 |
| Balance long term debt | $ 11,244,217 |
| Total assets | $ 29,106,965 |
| Total net position | $ 14,673,596 |
| Total unrestricted net position | $ -8,278,899 |
| General revenues | $ 9,028,294 |
| Change in net assets | $ -307,787 |
| General fund revenues | $ 7,665,134 |
| Government fund expenditures | $ 7,289,687 |
| Excess / Deficiency general fund | $ 375,447 |
| Net change in fund balance (GF) | $ -73,982 |
| End of year fund balance (GF) | $ 309,045 |
| Debt service expenditures | $ 836,816 |
| Intergovermental funds (GF) | $ 4,875,819 |
| Fund balance all funds | $ 5,241,601 |
Financial indicators
| Net change in fund balance / Total revenue (GF) | -1.0% (44 of 78) |
|---|---|
| End of year fund balance (GF) / Total expenditures (FG) | 4.2% (30 of 78) |
| Current assets per capita | $ 212 (67 of 78) |
| Current assets / Current liabilities | 0.66 (74 of 78) |
| Balance long term debt per capita | $ 1,139 (22 of 78) |
| General revenues / Balance long term debt | 80.3% (27 of 78) |
| Debt service expenditures annual income | 9.3% (48 of 78) |
| Excess / Deficiency general fund / Revenues | 4.9% (18 of 78) |
| Change in net assets / Revenues general fund | -3.4% (59 of 78) |
| Fund balance all funds per capita | $ 531 (17 of 78) |
| Fund balance all funds / Long term liabilities | 46.6% (32 of 78) |
| Intergovermental funds (GF) / Revenues (GF) | 63.6% (10 of 78) |
| Total unrestricted net position / Total assets | -28.4% (57 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 | |||