Dashboard

Expenditures

1. Where we spend our money (all governmental funds)

 

3. Spending per capita - compared to the prior year

 

2. Compared to the prior year
	2016	2017	% Change
General Government	$4,129,852	$3,565,403	-13.67%
Police & Fire	20,602,698	20,853,976	1.22%
Other Public Safety	1,307,568	1,299,365	-0.63%
Other Public Works	7,732,567	8,713,170	12.68%
Health & Welfare	38,973	49,533	27.10%
Comm./Econ. Development	999,114	844,284	-15.50%
Recreation & Culture	5,985,223	6,126,384	2.36%
Capital Outlay	1,634,932	3,508,796	114.61%
Debt service	609,864	612,806	0.48%
Other Expenditures	1,277,600	1,823,935	42.76%
Total expenditures	$44,318,391	47,397,652	6.95%

 

4. Historical trends of individual departments
General GovernmentPolice & FireOther Public SafetyOther Public WorksHealth & WelfareCommunity/Econ. DevelopmentRecreation & CultureCapital OutlayDebt ServicesOther Expenditures

 

Commentary: The police and fire component of governmental funds accounts for over 38% of governmental expenditures. General government includes many different departments (assessor, clerk, city council, finance, human resources, legal, manager, purchasing, treasurer, etc) necessary to run the business side of the City. Public works includes street construction and maintenance, sidewalk snow plowing and repair, and solid waste disposal. Chart 4, historical trends of individual sources, reflects the dollars spent in each category. By clicking on the down arrow, you can change the category showing.

For more information on our unit's finances, contact Nancy Bazan, CPA at (616)530-7204.

Financial Position

1. How have we managed our govt. fund resources (fund balance)

 

3. Fund balance per capita - compared to the prior year

 

2. Compared to the prior year
	2016	2017	% Change
Revenue	$48,551,744	$48,434,073	-0.24%
Expenditures	44,318,391	47,397,652	6.95%
Surplus (shortfall)	4,233,383	1,036,421	-75.52%
Fund balance, by component:
Nonspendable	246,962	255,980	3.65%
Restricted	13,991,144	13,715,447	-1.97%
Assigned	-/div>	-	N/A
Unassigned	7,440,121	8,743,221	17.51%
Total Fund Balance	$21,678,227	$22,714,648	4.78%

 

4. Historical trends of individual components

 

Commentary: Reserved fund balance represents fund balances in special revenue funds where the use of the balance is restricted by restrictions imposed relating to receiving the funds. Examples of funds included in this category include major and local streets who receive Act 51 Funds (motor fuel tax revenue) from the State where the use is restricted by State law. Another example of a restricted fund would be the Parks and Recreation Fund that is funded primarily by a property tax that voters approved. The revenue raised by the tax millage may be used only to support the Parks and Recreation Fund. The undesignated fund balance represents the general fund fund.

For more information on our unit's finances, contact Nancy Bazan, CPA at (616)530-7204.

Other Long Term Obligations

1. Pension funding status

 

2. Retiree Health care funding status

 

3. Percent funded - compared to the prior year

 

4. Long Term Debt obligations:

 

5. Debt & other long term obligations per capita - vs. prior year

 

Commentary: The pension fund and retiree health care funding shown in charts 1, 2 and 3 above include both governmental and enterprise (business type) funds. Long-term debt obligations and debt & other long term obligations per capita do not include enterprise fund information. Structured debt represents bonds issued by the City to pay for various City buildings (i.e. the Wyoming Public Library building, Police headquarters, etc) and various special assessments projects. The funds used to pay for these bonds come from primarily two sources - property owners that are being assessed for improvements and property taxes paid by the citizens of Wyoming. As noted in the 4th chart, long-term debt obligations have been decreasing over the last ten years.

For more information on our unit's finances, contact Nancy Bazan, CPA at (616)530-7204.