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.
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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.
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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
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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
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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
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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.
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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.
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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.
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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 1,250 903 1,250 1,200 1,214 1,227 2017 1,227 875 1,111 1,149
1,000
500
0
2012 2013 2014 2015 2016 2017
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Net Book Value as % of Total Capital Property Costs FLAGSTAFF COUNTY Median 80 Range
2012 52.0% 52.8% 2013 51.5% 52.2% 60 2014 50.9% 51.5% 52.0 51.5 50.9 2015 49.4% 51.6% 49.4 48.8 49.2 2016 48.8% 49.8% 2017 49.2% 49.2%
40
20
2012 2013 2014 2015 2016 2017
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Accumulated Surplus Categories as % of Total, 2017
FLAGSTAFF COUNTY Group Median Group Maximum 91
80 78
63 60
42 40
23 22 21 20 13
2 0 Unrestricted Restricted Equity in TCA
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Accumulated Surplus Per Capita, 2017
FLAGSTAFF COUNTY Group Median Group Maximum 80,000 79,556
68,290
60,000
40,000 35,724
22,679 20,279 20,000 16,996 13,494 8,297 4,747 4,747 4,524 265 0 Unrestricted Restricted Equity in TCA Total
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Ratio of Current Assets to Liabilities 7.74 Assets 7.34 Liabilities 50,000,000 Ratio 47,256,067
42,596,531
40,000,000 5.32 35,878,383 4.65 30,259,159 4.23 30,000,000 26,880,141 24,929,045 3.40
20,000,000
12,524,800 11,176,248 10,000,000 7,720,282 5,691,914 3,220,284 3,663,879
0 2012 2013 2014 2015 2016 2017 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
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Total Equalized Assessment (in Millions)
BIG LAKES COUNTY 1,996
LAC STE. ANNE COUNTY 1,925
ST. PAUL NO. 19, COUNTY OF 1,891
LETHBRIDGE COUNTY 1,887
VULCAN COUNTY 1,674
LESSER SLAVE RIVER NO. 124, M.D. OF 1,656
STETTLER NO. 6, COUNTY OF 1,588
PINCHER CREEK NO. 9, M.D. OF 1,582
WILLOW CREEK NO. 26, M.D. OF 1,568
FLAGSTAFF COUNTY 1,564
NORTHERN LIGHTS, COUNTY OF 1,488
BEAVER COUNTY 1,217
LAMONT COUNTY 1,180
PAINTEARTH NO. 18, COUNTY OF 1,170
CLEAR HILLS COUNTY 1,166
WESTLOCK COUNTY 1,019
BIGHORN NO. 8, M.D. OF 946
BARRHEAD NO. 11, COUNTY OF 939
MINBURN NO. 27, COUNTY OF 868 1,000 1,500 2,000
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Group Population
BIG LAKES COUNTY 4,103
LAC STE. ANNE COUNTY 10,899
ST. PAUL NO. 19, COUNTY OF 6,468
LETHBRIDGE COUNTY 10,353
VULCAN COUNTY 3,984
LESSER SLAVE RIVER NO. 124, M.D. OF 2,803
STETTLER NO. 6, COUNTY OF 5,526
PINCHER CREEK NO. 9, M.D. OF 2,965
WILLOW CREEK NO. 26, M.D. OF 5,179
FLAGSTAFF COUNTY 3,738
NORTHERN LIGHTS, COUNTY OF 3,656
BEAVER COUNTY 5,905
LAMONT COUNTY 3,899
PAINTEARTH NO. 18, COUNTY OF 2,102
CLEAR HILLS COUNTY 3,023
WESTLOCK COUNTY 7,220
BIGHORN NO. 8, M.D. OF 1,334
BARRHEAD NO. 11, COUNTY OF 6,288
MINBURN NO. 27, COUNTY OF 3,188 2,000 4,000 6,000 8,000 10,000
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Equalized Assessment Per KM of Roads
BIG LAKES COUNTY 1,504,434
LAC STE. ANNE COUNTY 929,279
ST. PAUL NO. 19, COUNTY OF 932,053
LETHBRIDGE COUNTY 933,470
VULCAN COUNTY 626,537
LESSER SLAVE RIVER NO. 124, M.D. OF 2,372,629
STETTLER NO. 6, COUNTY OF 571,878
PINCHER CREEK NO. 9, M.D. OF 1,277,699
WILLOW CREEK NO. 26, M.D. OF 700,767
FLAGSTAFF COUNTY 569,937
NORTHERN LIGHTS, COUNTY OF 769,441
BEAVER COUNTY 464,767
LAMONT COUNTY 557,164
PAINTEARTH NO. 18, COUNTY OF 494,853
CLEAR HILLS COUNTY 616,164
WESTLOCK COUNTY 465,385
BIGHORN NO. 8, M.D. OF 9,204,509
BARRHEAD NO. 11, COUNTY OF 626,788
MINBURN NO. 27, COUNTY OF 354,572 0 2,000,000 4,000,000 6,000,000 8,000,000 10,000,000
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