1. 2015 Annual Financial Report December 31, 2015

2. Total Revenue $13,068,887Total Expenditure $14,006,870 Revenue Budget $14,957,884Expenditure Budget $15,669,564 General Fund Analysis

3. General Fund Revenue Summary 2015 BudgetActualDifference Federal Grants $ 790,000 $ 360,922 $ (429,078) State Grants $ 585,953 $ 77,262 $ (508,691) Local Grants $ 35,000 $ - $ (35,000) Bank Franchise $ 90,000 $ 82,168 $ (7,832) Liquor Tax Reversion $ 90,000 $ 84,855 $ (5,145) Motor V License $ 75,000 $ 102,996 $ 27,996 City Road Hwy & Bridge $ 300,000 $ 338,005 $ 38,005 Other Intergovernmental $ 25,600 $ 6,004 $ (19,596) CHG FOR GOODS & SRVC $ 2,226,232 $ 2,321,291 $ 95,059 FINES $ 10,000 $ 7,121 $ (2,880) MISCELLANEOUS $ 159,833 $ 309,655 $ 149,822 OTHER SOURCES $ 3,538,641 $ 2,558,536 $ (980,105) TOTAL REVENUE $14,957,884 $13,068,877 $(1,889,007) 2015 BudgetActualDifference Property Taxes $ 2,862,340 $ 2,845,652 $ (16,688) Sales Tax $ 3,920,500 $ 3,729,018 $ (191,482) Mobile Home Taxes $ 3,000 $ 6,598 $ 3,598 Building Permits $ 100,000 $ 85,116 $ (14,884) Liquor License $ 110,000 $ 127,066 $ 17,066 Other Licenses & Permits $ 35,785 $ 26,610 $ (9,175)

4. Sales Tax Revenues 1 st Class Cities

5. Special Tax Fund 3 rd Penny Sales Tax Menards Site Development  Bankwest Bonds $4.1 million  Lot 1 – Menards Store  4 additional development sites available for sale  Sales Tax Revenue = $532,573  Bond Proceeds = $2.2m  Total Revenue $2,829,531  Total Expense $2,839,860  Ending Cash Balance $1,243,348

6. Capital Improvement Fund Summary 2 nd Penny Sales Tax Major Projects:  Purchase New Fire Truck  Landfill Cell #3 Construction  Hyde Stadium Improvements  Library Expansion Project  Annual Street Improvements  Annual Debt Service Total Revenues $5.1m Total Expense $5.8m  $190,793 (funded by Tri-County)  $1,512,935 (funded by DENR Grant/Loan)  568,043 (funded by loan)  32,000  2,573,689  736,789  Sales Tax Revenue $3,729,018  Street Maintenance Fee $200,900

7. Electric Fund Summary Major Projects:  Automated Meter Reading System – Installation & Implementation  Wind Storm Recovery – Street light damage  Annual installation, repair, & replacement Total Revenue $16.3m Total Expense $17.8m

8. Water Fund Summary Major Projects:  Automated Meter Reading System – Installation  Annual Water Main, Storm Sewer, and Sanitary Sewer Installation, Replacement, and Repairs  Well Maintenance and Repair Total Revenue $2.8m Total Expense $3.8m

9. Wastewater Fund Summary Major Projects:  Treatment Plant Repairs/ Replacements/Improvements  Sanitary Sewer Lining  Lift Station Repairs Total Revenue $4.4m Total Expense $3.9m

10. Storm Drainage Fund Summary Major Projects:  River Road Repair Funded by Storm Drain Fee  Total Revenue $374,625  Total Expense $787,818  Cash Balance -$66,714

11. RevenueExpenseCash Balance Occupancy Tax Fund$267,420$53,744$319,807 Airport Fund$1,573,674$1,599,558($45,147) Garbage Fund$107,186$114,894$1 Landfill Fund$1,565,005$1,797,002$261,276 E911 Fund$1,174,925$987,672$52,799 OaheTV Fund$180,460$142,429$130,160 Health Insurance Fund$1,976,081$1,976,080$1 Other Fund Summary