Financial Indicator Graphs 2017
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2017 Financial Indicator Graphs Generated for: FLAGSTAFF COUNTY Financial Indicator Graphs Introduction The financial indicator graphs are 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 size urban municipalities, or to rural municipalities with similar tax base. The comparison group is shown on the last slide. Custom graphs can be created comparing your municipality to other Alberta municipalities. Financial Advisory Services is available to assist you in interpreting the information contained in the graphs. Please be aware that advisors will not have access to any of the custom graphs you create, but would still be able to assist with the underlying formulas and data used to create all graphs. It should be noted that that the financial indicator graphs are point-in-time documents. The system is updated daily as new information is added to the municipal financial database. As such graphs will reflect the current data set and the results will be subject to change as the database is updated and verified. However, most information from the previous reporting year will have been posted by the fall of the subsequent year. Other points to note are: - The range for most of the graphs is 2012 to 2017. - Caution should be used when interpreting results as each municipality has unique characteristics affecting how it compares to the group. Also, circumstances may have changed since the December 31, 2017 reporting date. Financial Indicator Graphs Introduction Financial Indicator Graphs include: o Equalized Tax Rates - Municipal/Residential/Non-Residential o Equalized Assessment Per Kilometer of Road o Non-Residential Equalized Assessment as % of Total o Tax Collection Rate o Debt & Debt Service as % of the Limits o Long Term Debt Per Capita o Major Revenue Sources Per Capita o Major Revenue Sources As % of Total Revenue (only 2017) o Broad Function Expenses Per Capita (only 2017) o Per Capita Expenses by Major Type: - Salaries, Wages & Benefits - Contracted & General Services - Materials, Goods, Supplies & Utilities - Bank Charges & Interest - Amortization o Net Book Value As % of Capital Costs o Accumulated Surplus Categories, As % (only 2017) o Accumulated Surplus Categories, Per Capita (only 2017) o Ratio of Current Assets to Current Liabilities Financial Indicator Graphs FLAGSTAFF COUNTY Equalized Tax Rates: Net Municipal FLAGSTAFF COUNTY Median Range 15 14.6 14.4 14.4 14.0 2012 13.1% 9.9% 13.5 13.1 2013 13.5% 10.1% 2014 14.0% 9.6% 2015 14.6% 10.6% 2016 14.4% 10.6% 2017 14.4% 10.4% 10 5 2012 2013 2014 2015 2016 2017 Note: Municipal Equalized Tax Rate is calculated based on total equalized assessment and net municipal property tax. Created on: May 21, 2019 05:14 Page 1 Financial Indicator Graphs FLAGSTAFF COUNTY Equalized Tax Rates: Residential FLAGSTAFF COUNTY Median Range 15 2012 11.5% 8.1% 2013 11.8% 8.5% 11.8 12.0 11.5 11.7 11.5 11.6 2014 11.7% 8.1% 2015 12.0% 8.6% 10 2016 11.5% 8.7% 2017 11.6% 8.8% 5 0 2012 2013 2014 2015 2016 2017 Note: Residential Equalized Tax Rate is calculated based on gross residential property taxes and residential equalized assessment. Created on: May 21, 2019 05:14 Page 2 Financial Indicator Graphs FLAGSTAFF COUNTY Equalized Tax Rates: Non-Residential FLAGSTAFF COUNTY Median Range 30 2012 17.9% 16.7% 2013 18.5% 16.4% 2014 19.2% 16.8% 20.1 19.7 20.1 2015 20.1% 17.3% 20 19.2 18.5 2016 19.7% 17.9% 17.9 2017 20.1% 18.1% 10 2012 2013 2014 2015 2016 2017 Note: Non-Residential Equalized Tax Rate is calculated based on gross non-residential property taxes and non-residential equalized assessment Created on: May 21, 2019 05:14 Page 3 Financial Indicator Graphs FLAGSTAFF COUNTY Total Equalized Assessment Per KM of Roads FLAGSTAFF COUNTY Median 10,000,000 Range 8,000,000 2012 479,428 576,960 2013 491,138 587,655 2014 505,056 610,157 6,000,000 2015 519,298 641,213 2016 523,579 649,161 2017 569,937 626,788 4,000,000 2,000,000 479,428 491,138 505,056 519,298 523,579 569,937 0 2012 2013 2014 2015 2016 2017 Created on: May 21, 2019 05:14 Page 4 Financial Indicator Graphs FLAGSTAFF COUNTY Non-Residential Assessment as % of Total Equalized Assessment FLAGSTAFF COUNTY Median Range 80 2012 70.5% 58.5% 70.5 70.6 69.9 69.1 68.0 68.3 2013 70.6% 58.5% 2014 69.9% 57.6% 2015 69.1% 56.8% 60 2016 68.0% 56.3% 2017 68.3% 53.1% 40 20 2012 2013 2014 2015 2016 2017 Created on: May 21, 2019 05:14 Page 5 Financial Indicator Graphs FLAGSTAFF COUNTY Tax Collection Rates FLAGSTAFF COUNTY Median 100 Range 98.2 97.3 97.1 97.0 96.9 2012 98.2% 97.7% 96.5 2013 96.5% 97.6% 2014 97.3% 98.1% 95 2015 97.1% 97.3% 2016 96.9% 96.9% 2017 97.0% 96.1% 90 2012 2013 2014 2015 2016 2017 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. Created on: May 21, 2019 05:14 Page 6 Financial Indicator Graphs FLAGSTAFF COUNTY Percent of Debt Limit Used FLAGSTAFF COUNTY Median Range 60 2012 0.1% 16.6% 2013 0.2% 15.6% 2014 0.1% 13.7% 2015 0.1% 12.4% 40 2016 0.4% 13.0% 2017 11.4% 17.2% 20 11.4 0.1 0.2 0.1 0.1 0.4 0 2012 2013 2014 2015 2016 2017 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. Created on: May 21, 2019 05:14 Page 7 Financial Indicator Graphs FLAGSTAFF COUNTY Percent of Debt Service Limit Used FLAGSTAFF COUNTY 60 Median Range 2012 0.6% 9.7% 40 2013 0.4% 10.7% 2014 0.3% 12.2% 2015 0.2% 11.0% 2016 0.8% 11.8% 2017 15.0% 14.0% 20 15.0 0.6 0.4 0.3 0.2 0.8 0 2012 2013 2014 2015 2016 2017 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. Created on: May 21, 2019 05:14 Page 8 Financial Indicator Graphs FLAGSTAFF COUNTY Long Term Municipal Debt Per Capita FLAGSTAFF COUNTY 5,000 Median Range 4,000 2012 9 682 2013 20 725 3,000 2014 15 633 2015 9 614 2016 44 809 2017 1,099 969 2,000 1,099 1,000 9 20 15 9 44 0 2012 2013 2014 2015 2016 2017 Created on: May 21, 2019 05:14 Page 9 Financial Indicator Graphs FLAGSTAFF COUNTY Revenue Sources Per Capita: Net Municipal Property Taxes FLAGSTAFF COUNTY 8,000 Median Range 6,409 6,267 6,098 2012 5,406 2,875 6,000 5,744 5,696 2013 5,744 3,054 5,406 2014 6,098 3,040 2015 6,409 3,457 2016 6,267 3,766 2017 5,696 3,679 4,000 2,000 2012 2013 2014 2015 2016 2017 Created on: May 21, 2019 05:14 Page 10 Financial Indicator Graphs FLAGSTAFF COUNTY Revenue Sources Per Capita: Total Grants FLAGSTAFF COUNTY Median Range 8,000 2012 1,137 909 2013 864 1,139 6,000 2014 433 643 2015 294 821 2016 773 848 2017 1,644 789 4,000 2,000 1,644 1,137 864 773 433 294 0 2012 2013 2014 2015 2016 2017 Created on: May 21, 2019 05:14 Page 11 Financial Indicator Graphs FLAGSTAFF COUNTY Revenue Sources Per Capita: Sales and User Charges FLAGSTAFF COUNTY Median Range 1,000 2012 90 208 2013 280 224 2014 233 228 2015 199 232 2016 260 222 2017 259 205 500 280 260 259 233 199 90 0 2012 2013 2014 2015 2016 2017 Created on: May 21, 2019 05:14 Page 12 Financial Indicator Graphs FLAGSTAFF COUNTY Major Revenue Sources As % of Total Revenue, 2017 FLAGSTAFF COUNTY Group Median Group Maximum 85 80 72 65 60 40 32 21 21 20 18 5 3 0 Net Municipal Property Tax Total Grants Sales and User Charges Created on: May 21, 2019 05:14 Page 13 Financial Indicator Graphs FLAGSTAFF COUNTY Major Expenditures Per Capita by Broad Function, 2017 FLAGSTAFF COUNTY Group Median 8,000 Group Maximum 7,595 6,000 5,887 4,873 4,734 4,000 3,543 2,501 2,411 2,000 1,663 851 634 689 696 308 319 303 196 193 169 0 General Government Protective Services Transportation Environment Recreation Total Created on: May 21, 2019 05:14 Page 14 Financial Indicator Graphs FLAGSTAFF COUNTY Major Expenditures Per Capita by Type: Salaries, Wages and Benefits FLAGSTAFF COUNTY Median Range 2,500 2,197 2,156 2012 1,893 1,038 2,061 2,052 2,020 2013 2,052 1,150 2,000 1,893 2014 2,156 1,204 2015 2,197 1,236 2016 2,061 1,345 2017 2,020 1,279 1,500 1,000 500 2012 2013 2014 2015 2016 2017 Created on: May 21, 2019 05:14 Page 15 Financial Indicator Graphs FLAGSTAFF COUNTY Major Expenditures Per Capita by Type: Contracted and General Services FLAGSTAFF COUNTY Median Range 6,000 2012 579 595 2013 795 795 2014 716 645 2015 804 804 4,000 2016 886 723 2017 744 674 2,000 886 795 716 804 744 579 0 2012 2013 2014 2015 2016 2017 Created on: May 21, 2019 05:14 Page 16 Financial Indicator Graphs FLAGSTAFF COUNTY Major Expenditures Per Capita by Type: Materials, Goods, Supplies and Utilities FLAGSTAFF COUNTY 2,500 Median Range 2,000 2012 961 589 2013 1,286 538 1,500 2014 1,240 563 1,286 1,311 2015 1,259 635 1,240 1,259 2016 1,099 551 1,099 2017 1,311 584 961 1,000 500 0 2012 2013 2014 2015 2016 2017 Created on: May 21, 2019 05:14 Page 17 Financial Indicator Graphs FLAGSTAFF COUNTY Major Expenditures Per Capita by Type: Interest and Banking FLAGSTAFF COUNTY Median Range 150 2012 0 12 2013 1 15 2014 1 32 2015 0 27 100 2016 0 26 2017 1 25 50 0 1 1 0 0 1 0 2012 2013 2014 2015 2016 2017 Created on: May 21, 2019 05:14 Page 18 Financial Indicator Graphs FLAGSTAFF COUNTY Major Expenditures Per Capita by Type: Amortization of Tangible Capital Assets FLAGSTAFF COUNTY Median 2,500 Range 2,000 2012 1,111 668 2013 1,149 752 2014 1,200 906 2015 1,214 799 1,500 2016 1,250