Financial Indicator Graphs for the Year Ended December 31, 2010

Prepared by Financial Advisory Services Local Government Services Division 1 Introduction The financial indicator graphs have been prepared by Alberta Municipal Affairs using municipal financial and statistical data. The package is intended to serve as a tool that may assist council and administration with operational decisions. The comparative measures may be useful in assessing past performance and for budget planning. Each municipality is compared to a group of similar sized urban municipalities, or to rural municipalities with similar tax base. The comparison group is shown on the last slide. Financial Advisory Services can provide assistance in interpreting this information and can prepare custom indicator graphs upon request for other comparative groups, e.g. comparisons with only larger municipalities. Other points to note are: 1. The range for most of the graphs is 2005 to 2010. 2. Equalized assessment is shown for the period 2006 to 2011. 3. Caution should be used when interpreting results as each municipality has unique characteristics affecting how it compares to the group. In addition, circumstances may have changed since the December 31, 2010 reporting date.

Financial Indicator Graphs include:

•Equalized Tax Rates – Municipal/Residential/Non-Residential •Equalized Assessment Per Capita (urban only) •Equalized Assessment Per Km of Roads (rural only) •Non-Residential Equalized Assessment as % of Total •Tax Collection Rate •Debt & Debt Service as % of the Limits •Long Term Debt Per Capita •Major Revenue Sources Per Capita •Major Revenue Sources As % of Total Revenue (only 2010) •Broad Function Expenses Per Capita (only 2010) •Per Capita Expenses by Major Type: •Salaries, Wages & Benefits •Contracted & General Services •Materials, Goods, Supplies & Utilities •Bank Charges & Interest •Amortization (only 2009 & 2010) •Net Book Value As % of Capital Costs (only 2009 & 2010) •Accumulated Surplus Categories, As % (only 2010) •Accumulated Surplus Categories, Per Capita (only 2010) •Ratio of Current Assets to Current Liabilities

3 Municipal Equalized Tax Rate 02274-F03-0195 LACOM BE COUNTY Median (Equalized Assessment 2,933 - 13,244 million - Rural)

9.2 8.5 8

6.3 6.5 6 6.0 5.8 5.8 5.4

4.3 4 4.2 4.1 3.7 3.8 3.7

2.9 2.9

2 2005 Group 2005 2006 2007 2008 2009 2010 2010 Group Maximum Maximum Minimum Minimum

Note : Municipal Equalized Tax Rate is calculated based on total equalized assessment and net municipal property tax. 4 Residential Equalized Tax Rate

LACOMBE COUNTY Median (Equalized Assessment 2,933 - 13,244 million - Rural)

11.4 10

8.6 8 8.0 7.7 7.1 7.8 6.5 7.4 6 6.4 5.4 5.4 5.0 4.5 4 4.5 4.5 4.6

0 2005 Group 2005 2006 2007 2008 2009 2010 2010 Group Maximum Maximum Minimum Minimum

Note : Residential Equalized Tax Rate is calculated based on gross residential property taxes and residential equalized assessment. 5 Non-Residential Equalized Tax Rate

LACOMBE COUNTY Median (Equalized Assessment 2,933 - 13,244 million - Rural)

15 15.0 14.3

11.4 11 11.1 10.7 10.1 9.9 9 9.1

7 6.3 6.2 6.2 6.0 5.6 5.5 5.6 5.6 5

3 2005 Group 2005 2006 2007 2008 2009 2010 2010 Group Maximum Maximum Minimum Minimum

Note : Non-Residential Equalized Tax Rate is calculated based on gross non-residential property taxes and non-residential equalized assessment. 6 Equalized Assessment Per Km of Roads (in thousands)

LACOMBE COUNTY Median (Equalized Assessment 2,933 - 13,244 million - Rural)

5,581 5,800

4,800

3,800 2,903 2,726 2,791 2,803 2,800 2,329 2,563 2,487 1,854 2,286 1,689 1,800 1,746 1,414 1,210 800 721 487

-200 2006 Group 2006 2007 2008 2009 2010 2011 2011 Group Maximum Maximum Minimum Minimum

Note : Equalized Assessment Per Km of Roads approximates a municipality's ability to generate property tax revenue relative to the number of kilometers of open roads maintained compared to the average. 7 Non-Residential Equalized Assessment As % of Total

LACOMBE COUNTY Median (Equalized Assessment 2,933 - 13,244 million - Rural)

100 93 92

90 81 81 80 80 76 76 74 73 73 74 70 71 70 69

20 21 16

0 2006 Group 2006 2007 2008 2009 2010 2011 2011 Group Maximum Maximum Minimum Minimum

8 Tax Collection Rate

LACOMBE COUNTY Median (Equalized Assessment 2,933 - 13,244 million - Rural)

101

100 99.4 99.4 99.5 99.1 99.2 98.9 99.0 98.9 99 99.0 99.0 98.5 98.5 98.3 98.3 98

95 94.6

93 92.7

92 2005 Group 2005 2006 2007 2008 2009 2010 2010 Group Maximum Maximum Minimum Minimum

Note : This indicator reflects the percentage of taxes and grants in place of taxes which are collected by the municipality in the year in which they are levied. 9 Percent of Debt Limit Used

LACOMBE COUNTY Median (Equalized Assessment 2,933 - 13,244 million - Rural)

100

40 34

20 14 9 8 6 9 3 0 0 0 0 0 0 0 0 0

-20 2005 Group 2005 2006 2007 2008 2009 2010 2010 Group Maximum Maximum Minimum Minimum

Note : This graph shows, in percentage terms, the municipality's debt as a percentage of the regulated limit. This is compared to the median for the group of similar municipalities. 10 Percent of Debt Service Limit Used

LACOMBE COUNTY Median (Equalized Assessment 2,933 - 13,244 million - Rural)

100

80 73

20 23 10 11 11 4 6 7 0 0 0 0 0 0 0 0 0

-20

-40 2005 Group 2005 2006 2007 2008 2009 2010 2010 Group Maximum Maximum Minimum Minimum

Note: This graph shows, in percentage terms, the municipality's current debt servicing requirement relative to the regulated limit. This is compared to the median for the group of similar municipalities.

11 Long Term Debt Per Capita

LACOMBE COUNTY Median (Equalized Assessment 2,933 - 13,244 million - Rural)

6,200 6,007

5,200

4,200

3,200

2,200

1,200 1,303

421 279 371 200 135 236 263 0 2 1 1 0 0 0 0

-800 2005 Group 2005 2006 2007 2008 2009 2010 2010 Group Maximum Maximum Minimum Minimum

12 Net Municipal Property Taxes Per Capita

LACOMBE COUNTY Median (Equalized Assessment 2,933 - 13,244 million - Rural)

8,000 8,291

7,000

6,000

5,000

4,000

3,000

2,973 2,514 2,526 2,291 2,000 2,036 2,261 1,690 2,144 2,172 1,548 1,973 1,737 1,545 1,000 1,004 652

0 2005 Group 2005 2006 2007 2008 2009 2010 2010 Group Maximum Maximum Minimum Minimum 13 Sales and User Charges Per Capita

LACOMBE COUNTY Median (Equalized Assessment 2,933 - 13,244 million - Rural)

1,200

1,044

1,000

800

563 600

400

178 188 200 144 151 165 120 177 185 179 135 147 101 50 32 0

-200 2005 Group 2005 2006 2007 2008 2009 2010 2010 Group Maximum Maximum Minimum Minimum 14 Provincial and Federal Grants Per Capita

LACOMBE COUNTY Median (Equalized Assessment 2,933 - 13,244 million - Rural)

3,000

2,500

2,334 2,000

1,500

1,000 1,122 812 746 766 618 500 605 597 622 365 487 371 374 446 140 349 0

-500 2005 Group 2005 2006 2007 2008 2009 2010 2010 Group Maximum Maximum Minimum Minimum 15 Major Revenue Sources As % of Total Revenue, 2010

LACOMBE COUNTY Group Median Group Maximum

80 74

60 57 57

20 16 18 13

10 5 3

0 Prop Tax Net Municipal Sales and User Charges Grants 16 Broad Function Expenses Per Capita, 2010

LACOMBE COUNTY Group Median Group Maximum

8,000 7,441

7,000

6,000

5,000

4,329

3,915 4,000

3,224

3,000 2,833

2,000 1,568

1,040 966 1,000 868

357 373 405 163 185 175 241 140 155 0 General Government Protective Services Transportation Environment Recreation & Culture Total Expenses 17 Per Capita Expenses - Salaries, Wages and Benefits

LACOMBE COUNTY Median (Equalized Assessment 2,933 - 13,244 million - Rural)

3,000 2,704

2,500

2,000 1,721

1,500

1,000 764 775 706 615 752 775 534 677 590 612 500 478 518 399 246

0 2005 Group 2005 2006 2007 2008 2009 2010 2010 Group Maximum Maximum Minimum Minimum 18 Per Capita Expenses - Contracted and General Services

LACOMBE COUNTY Median (Equalized Assessment 2,933 - 13,244 million - Rural)

2,000

1,904 1,756 1,500

1,000 1,024 942 942 905 762

690 500 649 538 534 474 268 315 332 243

-500 2005 Group 2005 2006 2007 2008 2009 2010 2010 Group Maximum Maximum Minimum Minimum 19 Per Capita Expenses - Materials, Goods, Supplies and Utilities

LACOMBE COUNTY Median (Equalized Assessment 2,933 - 13,244 million - Rural)

3,000

2,731 2,500

2,000

1,500

1,335 1,000

500 432 305 319 318 338 310 318 341 359 326 124 281 245 0 37

-500 2005 Group 2005 2006 2007 2008 2009 2010 2010 Group Maximum Maximum Minimum Minimum 20 Per Capita Expenses - Bank Charges and Interest

LACOMBE COUNTY Median (Equalized Assessment 2,933 - 13,244 million - Rural)

270

220 236

170

120

70 70

20 21 15 16 18 8 9 1 0 5 2 2 2 0 0 -30 2005 Group 2005 2006 2007 2008 2009 2010 2010 Group Maximum Maximum Minimum Minimum 21 Per Capita Expenses - Amortization 2009, 2010

LACOMBE COUNTY Group Median Group Maximum

6,000

5,176

5,000

4,000

3,281

3,000

1,923 2,000 1,890

1,000 857 918

0 2009 2010 22 Net Book Value As % of Total Capital Property Cost 2009, 2010

LACOMBE COUNTY Group Median Group Maximum

100

80 75 75

60 53 53 51 51

0 2009 2010 23 Accumulated Surplus Categories As % of Total - End of Year, 2010

LACOMBE COUNTY Group Median Group Maximum

100 100

88 85

40 37

20 11 11

2 1 0 Unrestricted Restricted Equity in TCA 24 Accumulated Surplus Categories Per Capita - End of Year, 2010

LACOMBE COUNTY Group Median Group Maximum

50,000 46,303

45,000

40,000 36,923

35,000 33,570 32,341

30,000

25,000 21,937

20,000

14,454 14,963 15,000

10,000

5,000 4,172 4,005 2,554 577 231 0 Unrestricted Per Capita Restricted Per Capita Equity in TCA Per Capita Total Surplus Per Capita Ratio of Current Assets To Current Liabilities

LACOMBE_COUNTY

Current Assets ($) Current Liabilities ($)

$3,483,513 $3,779,506 $4,985,036 $2,293,769 $5,080,387 $7,426,770 11.4 12.2 5.0 5.5 4.1 4.3

$39,776,037 $45,983,868 $27,284,762 $11,438,038 $21,019,975 $32,044,649

2005 2006 2007 2008 2009 2010

Note: The current ratio calculation measures ability to meet short-term obligations with existing liquid assets. "Current Assets" are those which are liquid in nature (cash or an asset which can be easily converted to cash). Inventory is excluded from the calculation. "Current Liabilities" are generally obligations coming due within the next fiscal year. The ratio is shown in the centre of the column. A ratio greater than one indicates the degree to which current assets exceed current liabilities; a ratio smaller than one indicates the degree to which current liabilities exceed current assets. A zero ( $0 ) result at the top of a column indicates that the municipality had only current assets and no current liabilities.

26 Total Equalized Assessment (in Millions)

ROCKY VIEW COUNTY 13,244

YELLOWHEAD COUNTY 7,379

M.D. OF FOOTHILLS 6,685

M.D. OF GREENVIEW 6,461

PARKLAND COUNTY 6,430

COUNTY OF GRANDE PRAIRIE 6,144

LACOMBE COUNTY 6,114

CLEARWATER COUNTY 5,939

LEDUC COUNTY 5,522

RED DEER COUNTY 5,405

CYPRESS COUNTY 4,937

STURGEON COUNTY 4,612

SPECIAL AREAS BOARD 4,274

M.D. OF BONNYVILLE 4,112

MOUNTAIN VIEW COUNTY 4,003

NEWELL, COUNTY OF 3,887

WHEATLAND COUNTY 3,833

LAC LA BICHE COUNTY 3,448

BRAZEAU COUNTY 2,933

0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 27 Group Population

ROCKY VIEW COUNTY 34,597

PARKLAND COUNTY 30,089

M.D. OF FOOTHILLS 19,736

STURGEON COUNTY 19,165

RED DEER COUNTY 19,108

COUNTY OF GRANDE PRAIRIE 17,989

LEDUC COUNTY 13,260

MOUNTAIN VIEW COUNTY 12,570

CLEARWATER COUNTY 11,826

LACOMBE COUNTY 10,507

YELLOWHEAD COUNTY 10,045

LAC LA BICHE COUNTY 9,123

M.D. OF BONNYVILLE 9,047

WHEATLAND COUNTY 8,164

NEWELL, COUNTY OF 7,101

BRAZEAU COUNTY 7,040

CYPRESS COUNTY 6,729

M.D. OF GREENVIEW 5,464

SPECIAL AREAS BOARD 4,729

0 5,000 10,000 15,000 20,000 25,000 30,000 35,000 40,000 28 Equalized Assessment Per Km of Roads (in Thousands)

ROCKY VIEW COUNTY 5,581

YELLOWHEAD COUNTY 3,244

M.D. OF FOOTHILLS 3,188 PARKLAND COUNTY 3,135 LAC LA BICHE COUNTY 3,021

BRAZEAU COUNTY 2,808 LACOMBE COUNTY 2,803 CLEARWATER COUNTY 2,706

STURGEON COUNTY 2,598 LEDUC COUNTY 2,487 M.D. OF GREENVIEW 2,478 NEWELL, COUNTY OF 2,284 CYPRESS COUNTY 1,887 COUNTY OF GRANDE PRAIRIE 1,816 RED DEER COUNTY 1,735 M.D. OF BONNYVILLE 1,572 WHEATLAND COUNTY 1,405 MOUNTAIN VIEW COUNTY 1,389 SPECIAL AREAS BOARD 721

0 1,000 2,000 3,000 4,000 5,000 6,000 29