2015 Financial Indicator Graphs
Generated for: LACOMBE 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 2010 to 2015. - 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, 2015 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 2015) o Broad Function Expenses Per Capita (only 2015) 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 2015) o Accumulated Surplus Categories, Per Capita (only 2015) o Ratio of Current Assets to Current Liabilities Financial Indicator Graphs LACOMBE COUNTY
Equalized Tax Rates: Net Municipal LACOMBE COUNTY 12 Median Range
10 2010 3.7% 5.8% 2011 3.9% 5.8% 2012 4.0% 6.0% 8 2013 4.1% 6.3% 2014 4.1% 6.4% 2015 4.1% 6.5%
6
4.1 4.1 4.1 3.9 4.0 4 3.7
2
2010 2011 2012 2013 2014 2015 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 LACOMBE COUNTY Median Range
2010 4.6% 5.4% 8 2011 4.9% 5.3% 2012 5.2% 5.6% 2013 5.3% 5.8% 2014 5.1% 5.9% 2015 4.9% 5.9%
6
5.2 5.3 5.1 4.9 4.9 4.6
4
2010 2011 2012 2013 2014 2015 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 LACOMBE COUNTY Median Range
2010 5.6% 9.7% 15 2011 5.8% 10.4% 2012 6.0% 10.1% 2013 6.1% 10.2% 2014 6.1% 10.4% 2015 6.2% 10.6%
10
6.0 6.1 6.1 6.2 5.6 5.8
5
2010 2011 2012 2013 2014 2015 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 LACOMBE COUNTY 20,000,000 Median Range
15,000,000 2010 2,903,185 2,563,298 2011 2,803,281 2,486,784 2012 2,775,945 2,615,765 2013 2,778,205 2,791,172 2014 2,800,201 2,860,354 10,000,000 2015 2,849,426 3,003,403
5,000,000
2,903,185 2,803,281 2,775,945 2,778,205 2,800,201 2,849,426
0
2010 2011 2012 2013 2014 2015
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Non-Residential Assessment as % of Total Equalized Assessment LACOMBE COUNTY
100 Median Range
80 75.6 2010 75.6% 70.0% 74.2 73.6 73.5 73.6 73.1 2011 74.2% 67.6% 2012 73.6% 66.3% 2013 73.5% 66.6% 60 2014 73.6% 65.6% 2015 73.1% 65.4%
40
20
2010 2011 2012 2013 2014 2015
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Tax Collection Rates LACOMBE COUNTY Median 100 Range 99.2 99.0 98.9 99.0 98.8 98.8
2010 99.2% 98.3% 98 2011 98.8% 98.6% 2012 98.8% 98.3% 2013 98.9% 98.3% 2014 99.0% 98.4% 2015 99.0% 98.4% 96
94
2010 2011 2012 2013 2014 2015 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 LACOMBE COUNTY 80 Median Range
60 2010 0.0% 13.5% 2011 0.0% 12.1% 2012 0.0% 10.9% 2013 0.0% 9.9% 40 2014 0.0% 15.7% 2015 0.0% 12.5%
20
0.0 0.0 0.0 0.0 0.0 0.0 0
2010 2011 2012 2013 2014 2015 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 LACOMBE COUNTY Median Range
60
2010 0.0% 10.9% 2011 0.0% 10.8% 2012 0.0% 10.5%
40 2013 0.0% 10.8% 2014 0.0% 11.5% 2015 0.0% 14.1%
20
0.0 0.0 0.0 0.0 0.0 0.0 0
2010 2011 2012 2013 2014 2015 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 LACOMBE COUNTY Median Range
2010 0 421 4,000 2011 0 552 2012 0 581 2013 0 650 2014 0 798 2015 0 819
2,000
0 0 0 0 0 0 0
2010 2011 2012 2013 2014 2015
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Revenue Sources Per Capita: Net Municipal Property Taxes LACOMBE COUNTY Median 15,000 Range
2010 2,172 2,439 2011 2,234 2,555 2012 2,366 2,738 10,000 2013 2,424 2,936 2014 2,481 3,135 2015 2,563 3,302
5,000
2,481 2,563 2,172 2,234 2,366 2,424
0
2010 2011 2012 2013 2014 2015
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Revenue Sources Per Capita: Total Grants LACOMBE COUNTY 3,000 Median Range
2010 622 766
2,000 2011 967 892 2012 833 700 2013 828 789 2014 528 677 2015 545 614
967 1,000 833 828
622 528 545
0
2010 2011 2012 2013 2014 2015
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Revenue Sources Per Capita: Sales and User Charges LACOMBE COUNTY Median Range 1,500
2010 188 179 2011 180 204 2012 178 228 1,000 2013 176 208 2014 139 238 2015 207 248
500
207 188 180 178 176 139
0
2010 2011 2012 2013 2014 2015
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Major Revenue Sources As % of Total Revenue, 2015
LACOMBE COUNTY Group Median Group Maximum 86
80
65 62 60
40
29
20 19
13 12
5 5
0 Net Municipal Property Tax Total Grants Sales and User Charges
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Major Expenditures Per Capita by Broad Function, 2015
LACOMBE COUNTY Group Median Group Maximum 12,343
10,000
7,242
5,000 4,354 3,950
2,778 2,154 1,742 1,302 569 525 575 713 227 285 211 314 270 270 0 General Government Protective Services Transportation Environment Recreation Total
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Major Expenditures Per Capita by Type: Salaries, Wages and Benefits LACOMBE COUNTY Median Range 4,000
2010 775 775 2011 763 781 3,000 2012 810 783 2013 880 880 2014 906 972 2015 1,005 1,044 2,000
1,005 1,000 880 906 775 763 810
0
2010 2011 2012 2013 2014 2015
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Major Expenditures Per Capita by Type: Contracted and General Services LACOMBE COUNTY Median 3,000 Range
2010 333 472 2011 290 538
2,000 2012 321 559 2013 336 608 2014 362 704 2015 306 625
1,000
362 333 290 321 336 306
0
2010 2011 2012 2013 2014 2015
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Major Expenditures Per Capita by Type: Materials, Goods, Supplies and Utilities LACOMBE COUNTY 4,000 Median Range
3,000 2010 326 310 2011 310 356 2012 253 350 2013 312 392
2,000 2014 295 454 2015 305 431
1,000
326 310 253 312 295 305
0
2010 2011 2012 2013 2014 2015
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Major Expenditures Per Capita by Type: Interest and Banking LACOMBE COUNTY 200 Median Range
150 2010 0 21 2011 0 28 2012 0 24 2013 0 16 100 2014 0 14 2015 0 28
50
0 0 0 0 0 0 0
2010 2011 2012 2013 2014 2015
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Major Expenditures Per Capita by Type: Amortization of Tangible Capital Assets LACOMBE COUNTY Median Range
3,000 2010 1,923 769 2011 1,928 764 2012 1,966 803 2,138 2013 2,010 908 2,064 1,966 2,010 2014 2,064 936 2,000 1,923 1,928 2015 2,138 971
1,000
0
2010 2011 2012 2013 2014 2015
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Net Book Value as % of Total Capital Property Costs LACOMBE COUNTY Median
80 Range
2010 50.8% 50.7% 2011 49.4% 49.4% 60 2012 47.5% 50.4% 2013 45.9% 51.1% 50.8 49.4 47.5 2014 45.2% 50.7% 45.9 45.2 43.8 2015 43.8% 49.5%
40
20
2010 2011 2012 2013 2014 2015
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Accumulated Surplus Categories as % of Total, 2015
LACOMBE COUNTY Group Median Group Maximum 100 98
80 80 80
60
45 40
20 18 18
7 2 1 0 Unrestricted Restricted Equity in TCA
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Accumulated Surplus Per Capita, 2015
LACOMBE COUNTY Group Median
80,000 Group Maximum 76,990
60,000
48,205
40,000 38,892 34,434 30,982 29,346
20,000 19,233
7,163 4,609 5,025 747 234 0 Unrestricted Restricted Equity in TCA Total
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Ratio of Current Assets to Liabilities Assets 13.33 12.99 Liabilities 12.17 Ratio 11.75 85,027,501 81,203,148 80,000,000
9.35 64,915,717 63,174,101 60,000,000 7.90 53,572,818
45,983,868
40,000,000
20,000,000
10,762,912 6,760,162 6,908,110 3,779,506 4,017,673 4,995,523 0 2010 2011 2012 2013 2014 2015 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)
STRATHCONA COUNTY 30,143
ROCKY VIEW COUNTY 15,170
YELLOWHEAD COUNTY 9,051
PARKLAND COUNTY 8,932
GREENVIEW NO. 16, M.D. OF 8,522
GRANDE PRAIRIE NO. 1, COUNTY OF 7,633
FOOTHILLS NO. 31, M.D. OF 7,379
LEDUC COUNTY 7,300
CLEARWATER COUNTY 6,728
LACOMBE COUNTY 6,242
RED DEER COUNTY 6,081
STURGEON COUNTY 5,688
BONNYVILLE NO. 87, M.D. OF 5,308
CYPRESS COUNTY 5,264
SPECIAL AREAS BOARD 4,483
MOUNTAIN VIEW COUNTY 4,385
NEWELL, COUNTY OF 4,326
WHEATLAND COUNTY 4,115
BRAZEAU COUNTY 3,825 10,000 20,000 30,000
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Group Population
STRATHCONA COUNTY 95,597
ROCKY VIEW COUNTY 38,055
YELLOWHEAD COUNTY 10,469
PARKLAND COUNTY 30,568
GREENVIEW NO. 16, M.D. OF 5,299
GRANDE PRAIRIE NO. 1, COUNTY OF 20,347
FOOTHILLS NO. 31, M.D. OF 21,258
LEDUC COUNTY 13,524
CLEARWATER COUNTY 12,278
LACOMBE COUNTY 10,312
RED DEER COUNTY 18,351
STURGEON COUNTY 19,578
BONNYVILLE NO. 87, M.D. OF 13,233
CYPRESS COUNTY 7,214
SPECIAL AREAS BOARD 4,499
MOUNTAIN VIEW COUNTY 12,359
NEWELL, COUNTY OF 7,138
WHEATLAND COUNTY 8,285
BRAZEAU COUNTY 7,201 0 20,000 40,000 60,000 80,000 100,000
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Equalized Assessment Per KM of Roads
STRATHCONA COUNTY 17,689,423
ROCKY VIEW COUNTY 6,341,187
YELLOWHEAD COUNTY 3,962,743
PARKLAND COUNTY 4,195,767
GREENVIEW NO. 16, M.D. OF 3,741,085
GRANDE PRAIRIE NO. 1, COUNTY OF 2,067,443
FOOTHILLS NO. 31, M.D. OF 3,470,754
LEDUC COUNTY 3,284,012
CLEARWATER COUNTY 3,003,403
LACOMBE COUNTY 2,849,426
RED DEER COUNTY 1,960,910
STURGEON COUNTY 3,202,704
BONNYVILLE NO. 87, M.D. OF 2,020,513
CYPRESS COUNTY 2,009,877
SPECIAL AREAS BOARD 708,801
MOUNTAIN VIEW COUNTY 1,504,628
NEWELL, COUNTY OF 2,558,241
WHEATLAND COUNTY 1,508,951
BRAZEAU COUNTY 3,699,029 0 5,000,000 10,000,000 15,000,000
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