Board Presentation For Year Ended December 31, 2017 Charter - PowerPoint PPT Presentation

Board Presentation For Year Ended December 31, 2017

Charter Township of Shelby Revenue – All Governmental Funds Years Ended December 31 30,000 Thousands 25,000 20,000 15,000 10,000 5,000 - Property Taxes State Sources Charges for Fines & Investment Net Transfers Services Permits Income & Other 2015 26,737,786 6,386,349 5,407,225 5,292,621 164,048 906,554 2016 27,722,549 7,142,796 5,553,733 5,657,143 322,568 1,106,859 2017 28,187,548 7,581,613 5,939,997 6,495,989 517,228 14,692,316 * 2015 2016 2017 *Includes $14,293,231 transfer from Shelby Manor Fund 2

Charter Township of Shelby Expenditures – All Governmental Funds Years Ended December 31 30,000 Thousands 25,000 20,000 15,000 10,000 5,000 - General Public Debt Service Public Recreation District Court Capital Government Safety Works and Culture Outlay 2015 7,075,261 24,111,430 1,003,561 718,858 3,491,637 2,316,957 3,474,698 2016 7,643,285 25,489,680 1,003,535 775,416 3,630,689 2,471,302 3,884,416 * 2017 12,726,517 25,793,714 1,103,885 936,509 3,576,649 2,486,759 4,764,505 2015 2016 2017 *Includes $5,000,000 contribution to the Retiree Healthcare Trust 3

Charter Township of Shelby General Fund Revenues & Expenditures Years Ended December 31 $18,000,000 $16,000,000 $14,000,000 $12,000,000 $10,000,000 $8,000,000 $6,000,000 $4,000,000 $2,000,000 $- 2015 2016 2017 Total Revenues $15,347,479 $16,313,990 $17,054,240 Transfers In $64,376 $7,700 $14,296,231 Total Expenditures * $9,783,168 $10,807,724 $15,782,150 ** Transfers Out $4,915,644 $7,122,927 $15,965,767 Fund Balance $14,078,683 $12,469,722 $12,072,276 *Includes a $5,000,000 contribution to the Retiree Healthcare Trust ** Transfers to Public Improvement Fund are $2,184,838, $4,625,554, and $13,447,390 for 2015, 2016, and 2017 respectively. 4

Charter Township of Shelby Fire and Police – Fund Balance As of December 31 $12,000,000 Fire Fund $10,000,000 Police Fund $8,000,000 $6,000,000 $4,000,000 $2,000,000 $- 2015 2016 2017 2015 2016 2017 Fund Balance $9,098,535 $9,544,016 $9,170,220 $2,175,256 $3,165,197 $3,922,487 5

Charter Township of Shelby Water & Sewer Operations Years Ended December 31 $50,000,000 $45,000,000 $40,000,000 $35,000,000 $30,000,000 $25,000,000 $20,000,000 $15,000,000 $10,000,000 $5,000,000 $- 2015 2016 2017 Total operating revenues $23,023,241 $27,273,120 $26,748,360 Total operating expenses $24,002,227 $26,013,960 $29,784,431 Unrestricted Net Position $38,726,114 $43,356,546 $44,616,590 6

THANK YOU 7