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. Created on: January 27, 2017 05:16 Page 1 Financial Indicator Graphs LACOMBE COUNTY 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. Created on: January 27, 2017 05:16 Page 2 Financial Indicator Graphs LACOMBE COUNTY 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 Created on: January 27, 2017 05:16 Page 3 Financial Indicator Graphs LACOMBE COUNTY 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 Created on: January 27, 2017 05:16 Page 4 Financial Indicator Graphs LACOMBE COUNTY 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 Created on: January 27, 2017 05:16 Page 5 Financial Indicator Graphs LACOMBE COUNTY 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. Created on: January 27, 2017 05:16 Page 6 Financial Indicator Graphs LACOMBE COUNTY 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. Created on: January 27, 2017 05:16 Page 7 Financial Indicator Graphs LACOMBE COUNTY 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. Created on: January 27, 2017 05:16 Page 8 Financial Indicator Graphs LACOMBE COUNTY 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 Created on: January 27, 2017 05:16 Page 9 Financial Indicator Graphs LACOMBE COUNTY 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 Created on: January 27, 2017 05:16 Page 10 Financial Indicator Graphs LACOMBE COUNTY 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 Created on: January 27, 2017 05:16 Page 11 Financial Indicator Graphs LACOMBE COUNTY 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 Created on: January 27, 2017 05:16 Page 12 Financial Indicator Graphs LACOMBE COUNTY 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 Created on: January 27, 2017 05:16 Page 13 Financial Indicator Graphs LACOMBE COUNTY 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 Created on: January 27, 2017 05:16 Page 14 Financial Indicator Graphs LACOMBE COUNTY 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 Created on: January 27, 2017 05:16 Page 15 Financial Indicator Graphs LACOMBE COUNTY 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 Created on: January 27, 2017 05:16 Page 16 Financial Indicator Graphs LACOMBE COUNTY 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 Created on: January 27, 2017 05:16 Page 17 Financial Indicator Graphs LACOMBE COUNTY 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 Created on: January 27, 2017 05:16 Page 18 Financial Indicator Graphs LACOMBE COUNTY 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 Created on: January 27, 2017