FY 18 Annual Report

2018

ANNUAL FINANCIAL SUMMARY CITY OF SPENCER, IOWA KEY METRICS

OUTSTANDING DEBT

TOTAL REVENUES

TOTAL EXPENDITURES

PROPERTY TAX REV

TAX LEVY

$16,073,602

$26,439,906 $23,753,980

$6,698,480

$11.9917

11.42%

-1.80%

3.25%

2.78%

0.00%

ALL METRICS

5 YEAR TREND

METRIC

THIS YEAR (2018)

LAST YEAR (2017)

% CHANGE

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

$26,439,905.56 $6,698,480.04 $12,271,439.95 $3,769,441.90 $310,844.38 $1,433,347.67 $1,922,324.82 $976,405.08 $23,753,979.64 $1,472,355.53 $388,046.27 $481,314.94 $1,261,211.26 $533,617.97 $800,033.33 $560,419.39 $2,129,728.66 $174,986.29 $2,278,662.48 $786,235.78 $382,559.65 $1,362,222.95 $6,491,100.48

$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 $23,005,278.63 $1,510,646.67 $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

-1.80% 2.78% 0.84% -21.22% -7.62% 2.78% -9.84% 16.93% 3.25% -2.53% -2.77% -2.36% 5.53% 1.24% 0.13% 5.02% -8.80% 6.54% 4.04% 12.16% -1.94% 3.78% -0.82% 0.00% 11.42%

PUBLIC WORKS

LIBRARY

PARKS DEPARTMENT GENERAL GOVERNMENT

SANITARY SEWER

AIRPORT

SOLID WASTE

LANDFILL

GOLF COURSE

GROUP HEALTH INS. CAPITAL PROJECTS

TAX LEVY

$11.9917

$11.9917

OUTSTANDING DEBT

$16,073,602.10

$14,425,619.63

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