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Audit Presentation to the City Council

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Presentation on theme: "Audit Presentation to the City Council"— Presentation transcript:

1 Audit Presentation to the City Council
DONE City of Brighton Audit Presentation to the City Council For Year Ended June 30, 2017

2 City of Brighton General Fund Revenue (excludes Imagination Station Reserve Fund, Principal Shopping District Fund, and the Arts and Cultural Commission Fund) Fiscal Year Ended June 30, 2017 Done

3 City of Brighton General Fund Revenue (excludes Imagination Station Reserve Fund, Principal Shopping District Fund, and the Arts and Cultural Commission Fund) Years Ended June 30 Done

4 City of Brighton Taxable Value vs
City of Brighton Taxable Value vs. State Equalized Value (in Millions) Years Ended June 30

5 City of Brighton General Fund Expenditures (excludes Imagination Station Reserve Fund, Principal Shopping District Fund, and the Arts and Cultural Commission Fund) Year Ended June 30, 2017 Done

6 City of Brighton General Fund Expenditures (excludes Imagination Station Reserve Fund, Principal Shopping District Fund, and the Arts and Cultural Commission Fund) Years Ended June 30 Done

7 City of Brighton Expenditures Trends (Budgetary Basis) Years Ended June 30
DONE

8 City of Brighton Comparison of General Fund Balances Years Ended June 30
DONE * Annual expenditure figures exclude transfers to other funds and exclude the Imagination Station Reserve Fund, Principal Shopping District Fund, and the Arts and Cultural Commission Fund

9 City of Brighton Unfunded Legacy Costs Year Ended June 30, 2017

10 City of Brighton Depreciable Capital Asset Summary Governmental Activities

11 City of Brighton Capital Asset Summary Asset Depreciation Governmental Activities Comparison

12 City of Brighton Depreciable Capital Asset Summary Utility Fund

13 City of Brighton Capital Asset Summary Asset Depreciation Utility Fund Comparison

14 Homestead Property Tax Analysis 2016 Levy City of Brighton — Year Ended June 30, 2017
City operating County LISD School debt 7.19 Library .8865 State ed. tax 6.000 Brighton Area Fire 1.50 Total City 40.74% Total School 42.75%

15 THANK YOU For more information contact: Martin J. Olejnik, Partner
(248) Tim St. Andrew, Manager (313) THANK YOU


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