FY 17 Annual Report

2017

ANNUAL FINANCIAL SUMMARY CITY OF SPENCER, IOWA KEY METRICS

OUTSTANDING DEBT

TOTAL REVENUES

TOTAL EXPENDITURES

PROPERTY TAX REV

TAX LEVY

$14,425,620

$26,924,992 $23,005,279

$6,517,142

$11.9917

13.75%

26.48%

12.93%

7.73%

0.00%

ALL METRICS

5 YEAR TREND

METRIC

THIS YEAR (2017)

LAST YEAR (2016)

% CHANGE

TOTAL REVENUES PROPERTY TAX REV ALL OTHER SOURCES INTERGOVERNMENTA HOTEL TAX REVENUE ROAD USE TAXES L.O.S.T. REVENUE T.I.F. TAX REVENUE POLICE DEPARTMENT COMMUNICATION CTR FIRE DEPARTMENT

$26,924,991.74 $6,517,141.94 $12,169,309.49 $4,784,636.30 $336,475.37 $1,394,563.82 $2,132,055.22 $835,048.24 $1,493,483.67 $399,120.33 $492,943.10 $1,195,111.81 $527,063.67 $799,018.00 $533,617.50 $2,335,153.72 $164,249.46 $2,190,211.85 $700,975.77 $390,130.49 $1,312,598.32 $6,545,021.77

$21,287,992.19 $6,049,388.22 $11,118,074.05 $4,120,529.92 $355,172.93 $1,388,165.82 $2,013,036.51 $687,243.91 $20,370,992.10 $1,358,833.13 $365,555.25 $442,682.23 $1,051,425.83 $504,170.40 $772,918.32 $501,235.96 $1,903,548.61 $181,911.16 $2,065,254.01 $898,524.86 $387,287.23 $1,227,718.84 $3,886,732.85

26.48% 7.73% 9.46% 16.12% -5.26% 0.46% 5.91% 21.51% 12.93% 9.91% 9.18% 11.35% 13.67% 4.54% 3.38% 6.46% 22.67% -9.71% 6.05% -21.99% 0.73% 6.91% 68.39% 0.00% 13.75%

TOTAL EXPENDITURES $23,005,278.63

PUBLIC WORKS

LIBRARY

PARKS DEPARTMENT GENERAL GOVERNME

SANITARY SEWER

AIRPORT

SOLID WASTE

LANDFILL

GOLF COURSE

GROUP HEALTH INS. CAPITAL PROJECTS

TAX LEVY

$11.9917

$11.9915

OUTSTANDING DEBT

$14,425,619.63

$12,681,772.75

FINANCIAL SUMMARY