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City of Wyoming Dashboard

City, Village, and Township Revenue Sharing (CVTRS)

Public Act 63 of 2011, introduced the Economic Vitality Incentive Program (EVIP).

(CVTRS - Category One - Accountability and Transparency)

Fiscal Stability
  Prior Current Progress
Annual GF expenditures per capita
$278
$345
Conditions Declining
Fund balance as % of annual GF expenditures
62%
28%
Conditions Declining
Unfunded OPEB liability as % of annual GF revenue
365%
600%
Conditions Declining
Debt burden per capita
$204
$8.5
Conditions Improving
Employees covered by DC Plan as % of total employment
33%
38%
Conditions Improving

 

Economic Strength
  Prior Current Progress
Planning activities related to new development/redevelopment
71
66
Conditions Improving
Construction value in millions
$103.3
$67.90
Conditions Declining
Building permits issues
638
606
Conditions Declining
Industrial/manufacturing jobs created through incentives
75
35
Conditions Declining
Industrial/manufacturing jobs retained through incentives
494
166
Conditions Declining

 

Public Safety
  Prior Current Progress
Violent crimes incidents
296
242
Conditions Improving
Property crime incidents
1,672
1,591
Conditions Improving
Traffic accidents
2,119
2,348
Conditions Declining
Fatalities as result of fire
0
0
Conditions Stable
Property loss as result of fire $1,046,323 $1,190,721
Conditions Declining

 

Quality of Life
  Prior Current Progress
Miles of sidewalks & non-motorized trails per mile of local roads
2.2
2.2
Conditions Stable
Maintenance cost per acre of developed park land
$2,315
$2,387
Conditions Declining
Maintenance cost per lane mile of road
$7,020
$5,370
Conditions Improving
Commodity rate/100 cubic ft of water
$1.15
$1.15
Conditions Stable
Commodity rate/100 cubic ft of sewer
$2.45
$2.71
Conditions Declining

 

Dashboard Table Legend 1


 

Citizen's Guide to Local Unit Finances (excluding enterprise funds)

By Clicking the down arrow you can change the category of unit finances displayed  

Revenues

1. Where our money comes from (all governmental funds)
Breakdown of where the City's  money comes from

 

3. Revenue sources per capita - compared to the prior year
Graph of Revenue sources per capita - compared to the prior year
2. Compared to the prior year
  2015 2016
% Change
Taxes
$23,388,173
$24,227,209
3.59%
Licenses & permits
2,832,213
3,151,952
11.29%
from Federal govt
669,037
1,843,680
175.57%
from State govt
11,861,603
12,540,260
5.72%
Local contributions
1,662,494
1,772,596
6.62%
Charges for services
643,099
548,898
-14.65%
Fines & forfeitures
1,827,511
1,661,112
-9.11%
Interest & rent
7,569,493
583,960
-92.29%
Other revenue
6,249,029
2,222,107
-64.44%
Total
$56,702,652
$48,551,774
-14.37%
       

 

4. Historical trends of individual sources
Graph of Historical trends of individual sources
 

Commentary: Property Taxes continue to be the single largest funding source for the City operations providing approximately 50% of all revenue received in governmental funds. The next largest source of revenue is funds received from the State in the form of state shared revenue (sales tax), motor vehicle highway funds (gas tax) and various state grants. Over one-half of the funds received are restricted in nature and may only be spent on the purpose for which they have been collected. Char 4, historical trends of individual sources, reflects the dollars received by each funding source. By clicking the down arrow you can change the category showing.

For more information on our unit's finances, contact Nancy Bazan, CPA at (616)530-7204.

 

(CVTRS - Category One - Accountability and Transparency - Continued)

City, Village, and Township Revenue Sharing/County Incentive Program Certification of Accountability and Transparency | Form 4886

General Fund Summary of Estimated Revenues, Expenditures and Fund Balance

Long-Term Debt Schedule