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Indicated Market Value
Gross Retail Sales
MINNESOTA FINANCIAL HEALTH PROFILE
1982 THROUGH 1986
TABLE OF CONTENTS
Graphs
Profile
Page
_ Indicator 1: Change in Population 1
Indicator 2: Change in Property Values 1
Indicator 3: Trend in Building Permits 2
Indicator 4: Trend in Retail Sales Activity 2
Indicator 5: Trend in Individual Economic Status 2
Indicator 6: Trend in Revenue Sources 3
Indicator 7: Trend in Expenditures by Function 4
Indicator 8: Trend in Expenditures by Function (Per Capita) . . . 5
Indicator 9: Change in Property Tax Levy 6
Indicator 10: Trend in Outstanding Indebtedness 6
_ Indicator 11: Trend in Governmental Fund Type Liabilities 6
Indicator 12: Budget to Actual Revenues 7
Indicator 13: Budget to Actual Expenditures 7
Indicator 14: Change in Fund Balances (Unreserved, Undesignated) . 8
Indicator 15: Trend in Earnings on Investments (Governmental Funds)8
Indicator 16: Trend in Current Debt Service Costs (Governmental
Funds) 8
Indicator 17: Trend in Number of Employees Compared to Population
(Governmental Funds) 9
Indicator 18: Trend in Compensation and Employer Paid Fringe
Benefits (Governmental Funds) 9
Indicator 19: Profit or Loss in Enterprises 10
Indicator 20: Trend in Property Tax Collection 11
Indicator 20: Current or Change in Bond Rating 11
Indicator 21: Opinion on Financial Statements 11
Appendices
Population by Class (Indicator 1)
Current Expenditures Per Capita (Indicator 8)
Additional Analysis for Metro Area
Data Base: Content of Indicators for Financial Health Profiles
imo
Imam
$160
$140
$120
$100
$80
$60
$40
$20
$8
$7
$6
$6
$4
$3
$2
$1
$0
$o
CITY OF LINO LAKES
INDICATED MARKET VALUE
Millions
1982 1983 1984 1985
Year
CITY OF LINO LAKES
GROSS RETAIL SALES
Millions
1986
1982
1983
1984
Year
1985
1986
ammo
CITY: LINO LAKES
ANOKA COUNTY
MINNESOTA FINANCIAL HEALTH PROGRAM
ECONOMIC VITALITY
-- 1. INDICATOR: CHANGE IN POPULATION
11/06/87
METRO
5 YEAR 5 YEAR
1982 1983 1984 1985 1986 % CHAN6E % CHANGE
Population 5,460 5,730 6,030 6,320 6,766
Percent Change 5.8% 4.9% 5.2% 4.8% 7.1% 23.9% 5.12
Number of Households 1,388 (') 1,655 1,744 1,839 1,974
Percent Change .... 19,2% 5.4% 5.4% 7.3%
2. INDICATOR: CHANGE IN PROPERTY VALUES
MINIM
Indicated Market Value
Percent Change
Assessed Valuation
▪ Percent Change
Tax Increment District
Captured Assessed Value
Percent Change
▪ Sales Ratio
$
METRO
5 YEAR 5 YEAR
1982 1983 1984 1985 1986 % CHAN6E % CHANGE
124,154,781 f 136,536,408 $ 138,598,949 $ 148,841,669 f 148,306,865
11.6%
10.0% 1.5%
7.4% -0.4% 19.5% 14.5%
22,644,644 $ 24,606,763 $ 24,464,645 $ 25,760,314 $ 27,350,937
23.8%
8.7E -0.6%
0$ 0$ 0$
0.775
0.788 0.808
Note: ( *) 1980 Census (1983 - 1986 State Oemographer's Estimates)
5.3% 6.2% 20.8% 21.3%
0$ 0
0.808 0.868
151.9%
MOO
ECONOMIC VITALITY
3. INDICATOR: TREND IN BUILDING PERMITS
1982
CITY: LINO LAKES
11/06/87
METRO
5 YEAR 5 YEAR
1983 1984 1985 1986 E CHANGE E CHANGE
Value of Building Permits $ 5,208,160 $ 8,143,225 $ 6,906,647 $ 9,563,623 $ 12,424,118
Percent Change *, * * *. *2 56.4E -15.21 38.5E 29.9E 138.6E 118.8E
No. of Building Permits Issued 165 223 213 267 277
Percent Change * * * *. *2 35.2E -4.51 25.4E 3.71 61.9E
4. INDICATOR: TREND IN RETAIL SALES ACTIVITY
METRO
5 YEAR 5 YEAR
1982 1983 1984 1985 1986 E CHANGE % CHANGE
Gross Retail Sales ; 4,454,369 $ 5,578,278 $ 5,731,937 $ 6,656,310 $ 6,861,008
Percent Change 97.32 25.2E 2.8E 16.1E 3.1E 54.0E 52.61
Number of Businesses 35 33 33 32 36
Percent Change 25.0E -5.71 0.02 -3.02 12.52
5. INDICATOR: TREND IN INDIVIDUAL ECONOMIC STATUS
1985
5 YEAR STATEWIDE
-- 1982 1983 1984 1985 1986 % CHANGE PER CAPITA
Per Capita Federal
Adjusted Gross Income " $ 5,710 $ 6,151 $ 1,159 $ 1,666 Unavailable $ 11,251
Percent Change 2.2E 1.11 16.4E 1.12 ....
Number of AFDC
Recipients in County 6,564 6,114 6,015 5,410 5,461 -16.82
AFDC Recipients as a Percent
of County Population 3.22 2.92 2.91 2.52 2.51
Unemployment Rate in County ** 6.92
7.6E 5.0E
5.02 4.7E
1986
STATEWIDE
RATE
5.31
Notes: ( *] Per capita adjusted gross income figures for 1985 are preliminary numbers from the Minnesota Department of Revenue.
Data for 1986 is not yet available. Final figures for 1985 and 1986 from the Bureau of Economic Analysis, U.S. Commerce
Department will not be available until April, 1988.
( * *] The 1982 through 1986 unemployment rates were revised in April 1981 by the Department of Jobs and Training.
2
IIIININN
amp
CITY: LINO LAKES
REVENUE TRENDS
6. INDICATOR: TREND IN REVENUE SOURCES
1106/87
60VERNMENTAL FUNDS 1982 1983 1984 1985 1986
REVENUES AMOUNT t AMOUNT t AMOUNT t AMOUNT % AMOUNT %
Intergovernmental Revenues
Federal $ 42,841 3.9E $ 32,881 2.4t $ 65,533 4.6E $ 43,318 2.1E $ 31,853 1.0E ,%
State 307,871 28.3E 379,931 21.8E 430,431 30.3% 456,984 28.5% 501,213 15.4% "'
County 5,316 0.5% 95,367 7.0E 41,819 3.4% 59,989 3.7% 5,976 0,2%../
Local 2,825 0.3% 0 0.0E 0 0.0% 0 0.0t 0 0.0E
Total Intergovernmental Revenues 358,853 33.0% 508,179 31.2E 543,783 38.2% 560,291 35.0% 545,042 16.5%
Taxes 367,222 33.8% 426,392 31.2E 516,445 36.3E 553,178 34.5E 616,869 18.7E
Special Assessments 173,603 16.0% 198,905 14.6E 103,533 1.3% 88,544 5.5% 1,697,950 51.6%
Franchise Taxes 0 0.0E 0 0.0% 0 0.0% 0 0.0% 0 0.0%
Local Sales 5 Hotel /Motel Taxes 0 0.0% 0 0.0E 0 0.0% 0 0.0E 0 0.0%
Licenses and Permits 51,604 4.1E 75,096 5.5% 91,332 6.4E 110,343 6.9E 137,879 4,2%
Charges for Services 52,484 4.8% 82,062 6.0% 75,254 5.3% 107,829 6.7% 59,249 1.8%
Fines and Forfeits 10,935 1.0% 24,263 1.8% 26,784 1.9% 68,492 4.3% 81,573 2.5%
Miscellaneous Revenues
Interest Earnings
All Other Revenues
Total Revenues
921 5.7% 33,226 2.4% 45,284 3.2% 53,501 3.3% 146,689 4.5%
10,192 0.9% 17,191 1.3E 19,781 1.4% 59,748 3.1% 8,300 0.3E
1,086,814 100.0% 1,365,314 100.0% 1,422,202 100.0% 1,601,926 100.0% 3,293,551 100.0%
----- - - - - -- - - - - -- ---- = =52- -' _=__ -= 2 = _
Total Revenues Per Capita $ 199.05
$ 238.21 $ 235.85
3
$ 253.47 $ 486.78
CITY: LINO LAKES
EXPENDITURE TRENDS
7. INDICATOR: TREND IN EXPENDITURES BY FUNCTION
GOVERNMENTAL FUNDS 1982 1983 1984 1985 1986
11/06/81
CURRENT EXPENDITURES AMOUNT E AMOUNT E AMOUNT E AMOUNT % AMOUNT E
General Government $ 220,175 24.3E $ 270,175 24.4E $ 259,556 20.4E $ 304,553 25.8E $ 363,256 24.5E
Police 258,438 28.5E 279,197 25.2E 295,673 23.2E 311,914 26.4E 324,523 21.9E
Fire 35,264 3.9E 48,476 4.4E 45,615 3.6E 75,386 6.4E 95,156 6.4E
• Streets & Highways 189,546 20.9E 219,429 19.8E 279,375 21.9E 287,822 24.3E 344,767 23.3E
Refuse and Sanitation 0 0.0E 0 0.0E 0 0.0E 0 0.0E 0 0.0E
Culture and Recreation 38,145 4.2E 50,194 4.6E 49,744 3.9E 69,678 5.9E 86,549 5.8E
Urban Redevelopment & Housing 5,316 0.6E 92,402 8.3E 64,285 5.1E 11,375 1.0E 4,130 0.3E
Interest and Fiscal Charges 106,021 11.1E 77,006 7.0E 83,860 6.6E 79,479 6.7E 207,546 14.0E
- Miscellaneous Expenditures 54,380 6.0E 69,491 6.3E 194,818 15.3E 42,185 3.6E 54,969 3.1E
Total Current Expenditures 907,285 100.0E 1,107,570 100.0E 1,272,926 100.0E 1,182,452 100.0E 1,480,896 100.0E
Mow
Total Current Expenditures Per Capita $ 166.17
- Total Current Expenditures
Total Capital Outlay
Debt Service Funds (Principal Paid)
Total Expenditures
- Total Expenditures Per Capita
$ 193.29 $ 211.10
$ 187.10 $ 218.81
907,285 91.2E 1,107,570 89.5E 1,272,926 93.1E 1,182,452 84.3E 1,480,896 41.3E
87,547 8.8E 130,288 10.5E 94,974 6.9E 219,719 15.7E 1,611,493 51.6E
0 0.0E 35,000 1.1E
994,832 100.0E 1,237,858 100.0E 1,367,900 100.0E 1,402,171 100.0E 3,133,389 100.0E
$ 182.20
$ 216.03 $ 226.85
4
$ 221.86 $ 463.11
CITY: LINO LAKES
EXPENDITURE TRENDS
8. INDICATOR: TREND IN EXPENDITURES BY FUNCTION (PER CAPITA)
GOVERNMENTAL FUNDS 1982 1983 1984 1985 1986
1106/81
CURRENT EXPENDITURES (Per Capita) AMOUNT E AMOUNT E AMOUNT E AMOUNT % AMOUNT %
General Government $ 40.33 24.3E $ 47.26 24.4E $ 43.04 20.4E $ 48.19 25.8E $ 53.69 24.5E
▪ Police 41.33 28.5E 48.13 25.2E 49.03 23.2E 49.36 26.4E 47.96 21.9E
Fire 6.46 3.9E 8.46 4.4E 7.56 3.6E 11.93 6.4E 14.06 6.4E
- Streets 5 Highways 34.12 20.9E 38.29 19.8E 46.33 21.9E 45.54 24.3E 50.96 23.3E
Refuse & Sanitation 0.00 0.0E 0.00 0.0E 0.00 0.0E 0.00 0.0E 0.00 0.0E
Culture & Recreation 6.99 4.2E 8.86 4.6E 8.25 3.9E 11.03 5.9E 12.79 5.8E
Urban Redevelopment & Housing 0.97 0.6E 16.13 8.3E 10.66 5.1E 1.80 1.0E 0.61 0.3E
Interest and Fiscal Charges 19.42 11.7E 13.44 7.0E 13.91 6.6E 12.58 6.7E 30.67 14.0E
- Miscellaneous Expenditures 9.96 6.0E 12.13 6.3E 32.31 15.3E 6.67 3.6E 8.12 3.1E
Total Current Expenditures 166.11 100.0E 193.29 100.0E 211.10 100.0E 187.10 100.0E 218.87 100.0E
- Total Current Expenditures 166.11 91.2E 193.29 89.5E 211.10 93.1E 187.10 84.3E 218.87 41.3E
Total Capital Outlay 16.03 8.8E 22.74 10.5E 15.75 6.9E 34.17 15.7E 239.06 51.6E
Debt Service Funds (Principal Paid) 0.00 0.0E 5.17 1.1E
Total Expenditures 182.20 100.0E 216.03 100.0E 226.85 100.0E 221.86 100.0E 463.11 100.0E
CITY: LINO LAKES
REVENUE TRENDS
9. INDICATOR: CHANGE IN PROPERTY TAX LEVY 1106/87
METRO
5 YEAR 5 YEAR
1982 1983 1984 1985 1986 % CHANGE E CHANGE
Special Assessment levy $ 216,061 $ 213,253 $ 186,467 $ 168,651 $ 140,653 -34.9%
Limited levy 369,196 439,466 0 0 0 ....
Other local Levy 177,968 148,389 690,006 175,011 835,502 369.5E
- Total Property Tax levy Plus
Special Assessment levy 763,225 801,108 816,473 943,662 976,155
Percent Change 51.2E 5.0E 9.4E 7.7% 3.4% 27.9E 31.5%
Levy Limit 367,834 430,631 0 0 0
▪ Limited Levy as a
Percent of Levy limit 100.4E 102.1E
Fiscal Disparities levy 43,342 65,932 19,280 118,308 128,758 197.1E
FUTURE SOLVENCY
▪ 10. INDICATOR: TREND IN OUTSTANDING INDEBTEDNESS
METRO
5 YEAR 5 YEAR
1982 1983 1984 1985 1986 % CHANGE E CHANGE
General Obligation and G.O.
Revenue Bonded Indebtedness $
▪ Per Capita
As a Percent of Assessed Valuation
- Special Assessment
Bonded Indebtedness $ 986,600 $ 1,035,280 $ 958,960 $ 2,694,140 $ 3,054,320 209.6E 1.1E
Per Capita 180.70 180.68 159.03 426.29 451.42
As a Percent of Assessed Valuation 4.4E 4.2E 3.9E 10.5E 11.2E
0 i 0 f
0.00 0.00
0 $
0.00
0 $ 0 45.9E
0.00 0.00
Tax Increment Financing Bonds $
Per Capita
'- As a Percent of
Tax Increment Assessed Valuation
0$ 0$ 0$ 0$ o
0.00 0.00 0.00 0.00 0.00
11. INDICATOR: TREND IN GOVERNMENTAL FUND TYPE LIABILITIES
143.2E
METRO
5 YEAR 5 YEAR
1982 1983 1984 1985 1986 % CHANGE % CHANGE
Liabilities $ 1,022,575 $ 1,221,302 $ 1,065,098 $ 2,791,579 $ 3,362,316
Percent Change -18.6% 19.4E -12.8% 162.1% 20.4% 228.8E 23.3E
liabilities as a Percent
of Current Expenditures 112.7E 110.3E 83.7% 236.1E 221.1%
6
CITY: LINO LAKES
REVENUE /EXPENDITURE COMPARISONS
12. INDICATOR: BUDGET TO ACTUAL REVENUES
1982
1983 1984 1985 1986
▪ 6ENERAL FUND:
BUDGETED REVENUES $ 160,155 $ 831,700 $ 1,066,196 $ 1,116,475 $ 1,299,228
- ACTUAL REVENUES 126,755 898,401 1,120,314 1,337,940 1,370,759
PERCENT OVER/ -UNDER -4.48 8.0% 5.1% 13.7% 5.5%
SPECIAL REVENUE FUND:
BUDGETED REVENUES $ 46,457 $ 29,453 $ 30,000 $ 41,760 $ 40,000
ACTUAL REVENUES 46,123 32,346 38,053 42,901 29,993
- PERCENT OVER/ -UNDER -0.7% 9.8% 26.8% 2.7% -25.0%
- 13. INDICATOR: BUDGET TO ACTUAL EXPENDITURES
▪ GENERAL FUND:
BUDGETED EXPENDITURES
ACTUAL EXPENDITURES
PERCENT - OVER /UNDER
SPECIAL REVENUE FUND:
BUDGETED EXPENDITURES
1982
1983 1984 1985 1986
11/06/87
$ 774,620 $ 861,153 $ 1,087,646 $ 1,222,340 $ 1,288,228
789,610 863,752 1,008,507 1,146,135 1,317,263
-1.9% -0.3% 7.3% 6.2% -6.9%
$ 0 $ 0 $ 0 $ 0 $ 0
ACTUAL EXPENDITURES 0 0 0 0 0
PERCENT -OVER /UNDER
4.00.4 0400 0404
7
CITY: LINO LAKES
FUTURE SOLVENCY
14. INDICATOR: CHANGE IN FUND BALANCES (UNRESERVED. UNDESIGNATED)
1982
11/06/87
METRO
5 YEAR 5 YEAR
1983 1984 1985 1986 % CHANGE % CHANGE
General Fund
(Unreserved, Undesignated) $ 13,355 $ 80,032 $ 126,153 $ 350,675 $ 451,927
Percent Change -84.8% 499.3% 57.6% 178.02 30.6% 3,328.91 83.8%
Percent of Actual Expenditures 1.1% 9.3% 12.5% 30.6% 33.21
Special Revenue Funds
▪ (Unreserved, Undesignated) $ 0 $ 0 $ 0 $ 0 $ 0
Percent Change - 100.0% . . . . . . . . 519.2%
Percent of ActualnExpenditures
General Fund Balance as a Percent
of Total Current Expenditures 1.5%
1.2% 9.9%
▪ 15. INDICATOR: TREND IN EARNINGS ON INVESTMENTS
(GOVERNMENTAL FUNDS)
29.7% 30.9%
__ NETRO
5 YEAR 5 YEAR
1982 1983 1984 1985 1986 % CHANGE % CHANGE
▪ Interest Income $ 61,921 $ 33,226 $ 45,284 $ 53,501 $ 146,689
i
Debt Service as a Percent
of Total Revenues 108.91 13.51 13.1% 12.1% 10.9%
Percent Change 7.7% -46.3% 36.3% 18.1% 174.2% 136.9% 45.6%
Percent of Total Revenues
Coming from Interest Income 5.1% 2.4% 3.2% 3.31 4.5%
16. INDICATOR: TREND IN CURRENT DEBT SERVICE COSTS
(GOVERNMENTAL FUNDS)
METRO
5 YEAR 5 YEAR
1982 1983 1984 1985 1986 % CHANGE % CHANGE
Debt Service Payments $ 1,184,041 $ 184,026 $ 195,180 $ 194,299 $ 357,366
Percent Change 632.6% -84.5% 6.1% -0.51 83.9% -69.8% 42.8%
8
CITY: LINO LAKES
MANAGEMENT PRACTICES
- 17. INDICATOR: TREND IN NUMBER OF EMPLOYEES COMPARED TO POPULATION
(GOVERNMENTAL FUNDS)
(As Reported by the city)
MN ow
N om
1106187
METRO
5 YEAR 5 YEAR
1982 1983 1984 1985 1986 t CHANGE % CHANGE
Full -Time Employees 15 15 21 21
Employees per 1,000 Population 2.75 2.62 3.48 3.32
Part -Time Employees 11 6 54 49
Employees per 1,000 Population 2.01 1.05 8.96 7.75
21 40.0% 3.9%
11 0.0% 63.2%
18. INDICATOR: TREND IN COMPENSATION AND EMPLOYER PAID FRINGE BENEFITS
(GOVERNMENTAL FUNDS)
(As Reported by the city)
▪ Total Payroll $
Percent Change
Employer Paid Fringe Benefits $
Percent Change
Fringe Benefits as
a Percent of Payroll
METRO
5 YEAR 5 YEAR
1982 1983 1984 1985 1986 % CHANGE % CHANGE
337,989 $
69,572 $
20.6%
431,132 $
27.7%
159,554 $
129.3%
474,894 8
10.0%
90,000 $
-43.6%
37.0% 19.0%
9
638,083 f
34.4%
124,500 $
38.3%
699,505
9.6% 107.0% 32.1%
109,334
-12.2% 57.2% 35.8%
19.5% 15.6%
OMB
CITY: LINO LAKES
/MANAGEMENT PRACTICES
11/06/87
19. INDICATOR: PROFIT OR —LOSS IN ENTERPRISES
SEWER
Operating Revenues
Operating Expenses
Operating Income
Net Income
1982 1983 1984 1985
$ 38,919 $ 39,282
51,328 53,947
- 12,409 - 14,665
-5,211 -6,360
1986
WATER
Operating Revenues $ 30,149 $ 36,046 $ 6,418 $ 11,870 $ 57,939
Operating Expenses 61,811 68,220 21,793 19,709 82,311
— Operating Income - 31,662 - 32,174 - 15,375 -7,839 - 24,372
Net Income - 23,367 - 21,164 - 15,375 -1,839 - 17,272
10
i
CITY: LINO LAKES
MANAGEMENT PRACTICES
11/06/81
20. INDICATOR: TREND IN PROPERTY TAX COLLECTION
1982 1983 1984 1985 1986
Percent Collected 81.93 83.84 85.92 84.88 79.5E
21. INDICATOR: CURRENT OR CHANGE IN BOND RATING
RATING FIRM
Moody's
Standard and Poor's
1982 1983 1984 1985 1986
A
A A A A
22. INDICATOR: OPINION ON FINANCIAL STATEMENTS
Auditor's Opinion
6F0A Certificate of Achievement
1982 1983 1984 1985 1986
QUALIFIED QUALIFIED QUALIFIED QUALIFIED QUALIFIED
11
Ammo
CLASS 1
DULUTH
MINNEAPOLIS
ST. PAUL
CLASS 2
APPLE VALLEY
AUSTIN
BLAINE
BLOOMINGTON
'- BROOKLYN CENTER
BROOKLYN PARK
BURNSVILLE
COON RAPIDS
COTTAGE GROVE
CRYSTAL
EAGAN
EDEN PRAIRIE
EDINA
FRIDLEY
GOLDEN VALLEY
'- MANKATO
MAPLE GROVE
NAPLEWOOD
MINNETONKA
MOORHEAD
NEV BRIGHTON
NEV HOPE
PLYMOUTH
RICHFIELD
ROCHESTER
ROSEVILLE
SHOREVIEW
SOUTH ST. PAUL
ST. CLOUD
ST. LOUIS PARK
WHITE BEAR LAKE
WINONA
84,012
360,000
267,000
3
28,538
22,374
34,405
84,289
30,267
51,424
42,583
42,845
20,753
24,628
35,311
26,214
45,523
29,423
21,541
29,484
30,969
28,775
42,636
30,285
23,310
22,770
41,207
36,891
62,782
35,178
22,560
20,489
43,953
42,713
22,992
24,675
32
CLASS 3
FINANCIAL HEALTH PROFILE SUMMARY
Indicator 1 - Population (1986 estimate)
ALBERT LEA 18,046
ANDOVER 11,281
ANOKA 15,950
BEMIDJI 11,088
BRAINERD 11,272
CHAMPLIN 11,642
CLOQUET 10,444
COLUMBIA HEIGHTS 19,426
FAIRMONT 11,581
FARIBAULT 16,230
FERGUS FALLS 12,370
HASTINGS 13,837
HIBBING 19,002
HOPKINS 15,211
INVER GROVE HEIGHTS 19,549
LAKEVILLE
NARSHALL
MOUNDS VIEW
NEV ULM
NORTH ST. PAUL
NORTHFIELD
OAKDALE
OWATONNA
RAMSEY
RED RING
ROBBINSDALE
SHAKOPEE
STILLWATER
VIRGINIA
VEST ST. PAUL
WILLMAR
WOODBURY
VORTHINGTON
CLASS 4 CLASS 4
AFTON 2,570 HAN LAKE 8,875
ALEXANDRIA 7,840 HERMANTOVN 6,514
ARDEN HILLS 9,162 HOYT LAKES 2,490
AURORA 2,247 HUGO 3,976
BAXTER 3,114 HUTCHINSON 9,708
BAYPORT 2,820 INDEPENDENCE 2,684
BELLE PLAINE 3,091 INTERNATIONAL FALLS 5,191
BENSON 3,578 JACKSON 3,879
BLUE EARTH 4,132 JORDAN 2,871
BRECKENRIDGE 4,014 KASSON 3,121
BUFFALO 5,063 LA CRESCENT 3,951
CALEDONIA 2,730 LAKE CITY 4,358
CAMBRIDGE 3,282 LAKE ELMO 5,935
CANNON FALLS 2,856 LE SUEUR 3,667
CHANHASSEN 7,853 LINO LAKES 6,766
17,865 CHASKA 9,582 LITCHFIELD 6,024
11,595 CHISHOLM 5,335 LITTLE CANADA 8,231
12,928 CIRCLE PINES 4,653 LITTLE FALLS 7,165
13,389 CORCORAN 4,802 LONG PRAIRIE 2,930
12,210 CR00KSTON 8,386 LUVERNE 4,569
13,437 DAYTON 4,566 NAHTOMEDI 4,291
14,168 DEEPHAVEN 3,671 MEDINA 2,867
18,766 DETROIT LAKES 7,027 MENDOTA HEIGHTS 8,195
11,395 DILWORTH 2,683 NINNETRISTA 3,446
14,191 EAST BETHEL 7,541 MONTEVIDEO 5,801
14,212 EAST GRAND FORKS 8,413 MONTICELLO 3,363
11,236 ELK RIVER 7,951 NORA 2,744
13,116 ELY 3,853 NORRIS 5,416
9,835 EVELETH 4,643 HOUND 9,742
18,134 EXCELSIOR 2,601 MOUNTAIN IRON 3,744
17,029 FALCON HEIGHTS 5,412 NEW PRAGUE 3,285
14,726 FARMINGTON 5,010 NEWPORT 3,526
10,335 FOREST LAKE 5,360 NORTH MANKATO 9,883
GILBERT 2,222 NORTH OAKS 3,121
GLENCOE 4,503 OAK PARK HEIGHTS 3,392
33 GLENW00D 2,432 OLIVIA 2,745
GOODVIEW 2,711 ORONO 7,172
GRAND RAPIDS 8,207 ORTONVILLE 2,713
GRANITE FALLS 3,287 OSSEO 2,801
CLASS 4
PARK RAPIDS
PIPESTONE
PRINCETON
PRIOR LAKE
PROCTOR
REDWOOD FALLS
ROSEMOUNT
SARTELL
SAUK CENTRE
SAUK RAPIDS
SAVAGE
SHOREWOOD
SILVER BAY
SLEEPY EYE
SOUTH INTERNATIONAL FALLS
SPRING LAKE PARK
SPRING VALLEY
STAPLES
STEWARTVILLE
ST. ANTHONY
ST. JAMES
ST. JOSEPH
ST. PAUL PARK
ST. PETER
THIEF RIVER FALLS
TWO HARBORS
VADNAIS HEIGHTS
VACONIA
WADENA
VAITE PARK
VASECA
WAYZATA
WELLS
WINDOM
112
2,856
4,580
3,325
9,710
3,102
5,266
6,548
4,135
3,785
6,472
6,400
4,788
2,226
3,506
2,849
6,773
2,645
2,795
4,109
7,641
4,213
3,178
4,797
9,078
8,111
3,724
8,090
3,177
4,485
4,466
8,396
3,654
2,638
4,347
_CITY: LINO LAKES
FINANCIAL HEALTH PROFILE SUMMARY
For the Year Ended December 31, 1986
Indicator 8 - Current Expenditures Per Capita
ANOKA COUNTY
Metro Area Cities
10/21/87
Current Expenditures Per Capita City Average Maximum Minimum
General Government $ 53.69 $ 54.35 $ 124.11 $ 12.46
Police 47.96 75.93 136.87 9.06
Fire 14.06 38.39 94.12 3.19
Streets and Highways 50.96 46.76 110.75 5.14
Refuse and Sanitation 0.00 6.93 34.85 0.00
Culture and Recreation 12.79 45.69 99.29 0.00
Urban Redevelopment and Housing 0.61 36.07 112.57 0.00
Interest and Fiscal Charges 30.67 63.44 191.07 0.00
Miscellaneous Expenditures 8.12 68.61 200.83 0.00
Total Current Expenditures $ 218.87 $436.16 $ 890.79 $ 76.53
Nom
ADDITIONAL ANALYSIS FOR METRO AREA
- For the Year Ended December 31, 1986 -
PER CAPITA
TOTAL TOTAL
CURRENT CAPITAL
NAME OF CITY EXPENDITURES OUTLAY
- AFTON 8 187.46 8 2.48
ANDOVER 8 178.60 8 343.71
ANOKA 8 302.10 8 201.79
- APPLE VALLEY 8 220.80 8 237.56
ARDEN HILLS 8 152.73 8 163.79
BAYPORT 8 271.97 8 30.93
_ BELLE PLAINE 8 219.20 8 15.69
BLAINE $ 205.27 8 240.14
BLOOMINGTON 8 409.82 $ 396.16
BROOKLYN CENTER 8 294.51 $ 106.40
BROOKLYN PARK $ 221.75 8 316.73
BURNSVILLE 8 298.57 8 251.78
CHAMPLIN 8 368.52 $ 134.68
- CHANHASSEN 6 400.83 8 244.57
CHASKA 8 232.23 8 370.24
CIRCLE PINES 8 188.64 8 131.91
COLUMBIA HEIGHTS 8 326.21 8 260.16
-
COON RAPIDS 8 267.29 8 254.57
CORCORAN 8 129.82 8 19.26
COTTAGE GROVE 8 239.90 $ 131.44
CRYSTAL $ 218.68 $ 198.93
DAYTON 8 146.04 8 42.20
DEEPHAVEN $ 303.16 8 30.44
EAGAN 8 260.57 $ 362.44
EAST BETHEL 8 76.53 8 72.46
EDEN PRAIRIE 8 539.44 8 235.96
EDINA $ 277.28 8 150.41
EXCELSIOR 8 362.48 8 96.88
FALCON HEIGHTS 8 223.61 8 170.90
FARMINGTON 8 322.30 $ 299.24
- FOREST LAKE 8 268.93 8 67.18
FRIDLEY $ 284.08 8 93.75
GOLDEN VALLEY 8 410.56 $ 425.65
.- HAM LAKE 8 108.30 8 66.24
HOPKINS 8 334.83 8 31.19
HUGO 8 159.55 8 2.02
INDEPENDENCE $ 212.26 $ 690.93
INVER GROVE HEIGHTS $ 344.96 $ 154.39
JORDAN 8 330.16 8 605.31
LAKE ELMO 8 110.28 8 162.97
- LAKEVILLE 8 265.20 8 198.03
LINO LAKES 8 218.87 $ 239.06
LITTLE CANADA 8 158.77 8 63.09
MAHTOMEDI 8 183.72 8 133.89
MAPLE GROVE 8 274.28 8 312.26
MAPLEWOOD 8 260.76 8 143.93
MEDINA 8 546.94 8 115.36
MENDOTA HEIGHTS $ 350.38 $ 206.68
MINNEAPOLIS 8 890.79 $ 271.19
11/03/87
PER CAPITA
UNEMPLOYMENT PERSONAL
RATE INCOME 1985
3.7% 814,911
4.7% 8 7,117
4.7% 817,512
4.1% 812,227
4.2% 810,075
3.7% 813,942
5.1% 8 8,890
4.7% 8 9,056
3.9% 813,517
3.9% 8 9,253
3.9% 8 9,969
4.1% 813,229
3.9% 810,378
4.0% 811,128
4.0% 812,295
4.7% 818,466
4.7% 8 8,778
4.7% 810,120
3.9% $ 6,240
3.7% 810,273
3.9% $ 9,920
3.9% $ 7,583
3.9% 813,701
4.1% 812,179
4.7% 8 4,052
3.9% 816,632
3.9% 821,245
3.9% 849,072
4.2% $ 5,907
4.1% 815,858
3.7% 816,258
4.7% 810,367
3.9% 813,389
4.7% $ 6,151
3.9% 814,556
3.7% 8 9,589
3.9% $ 3,665
4.1% 810,852
5.1% 812,553
3.7% 811,922
4.1% 8 8,321
4.7% 8 7,666
4.2% 8 7,250
3.7% 811,164
3.9% 812,370
4.2% 8 7,151
3.9% 8 4,521
4.1% 813,778
3.9% *12,372
NAME OF CITY
MINNETONKA
MINNETRISTA
MOUND
MOUNDS VIEW
- NEW BRIGHTON
NEW HOPE
NEWPORT
NORTH OAKS
NORTH ST. PAUL
OAK PARK HEIGHTS
OAKDALE
-- ORONO
OSSEO
PLYMOUTH
PRIOR LAKE
RAMSEY
RICHFIELD
ROBBINSDALE
ROSEMOUNT
ROSEVILLE
SAVAGE
SHAKOPEE
SHOREVIEW
SHOREWOOD
SOUTH ST. PAUL
SPRING LAKE PARK
ST. ANTHONY
ST. LOUIS PARK
ST. PAUL
ST. PAUL PARK
STILLWATER
- VADNAIS HEIGHTS
WACONIA
WAYZATA
WEST ST. PAUL
WHITE BEAR LAKE
WOODBURY
- SEMINAR AVERAGE
STATEWIDE AVERAGE
UNEMPLOYMENT RATE
ADDITIONAL ANALYSIS FOR METRO AREA
- For the Year Ended December 31, 1986 -
PER CAPITA
TOTAL
CURRENT
EXPENDITURES
8 297.84
8 394.22
$ 288.99
$ 156.11
8 186.69
8 236.80
$ 267.42
$ 145.37
8 176.96
$ 235.72
8 384.05
8 335.31
$ 198.86
8 320.75
$ 320.31
8 166.04
$ 343.04
$ 324.32
$ 368.17
$ 178.73
8 342.28
8 369.18. • 166.72
$ 348.54
$ 351.91
8 176.30
8 249.80
$ 309.31
$ 612.05
8 220.30
8 323.61
$ 252.36
8 433.74
$ 487.39
8 270.64
8 200.13
8 269.50
8 437.38
$ 418.38
Statewide Average:
▪ RATE OF INFLATION
1983
1984
1985
1986
3.0%
3.4%
3.5%
1.5%
5.3%
TOTAL
CAPITAL
OUTLAY
$ 275.95
8 0.00
8 147.03
$ 41.63
$ 164.99
$ 106.18
$ 372.20
8 0.00
8 63.02
8 15.04
8 265.80
$ 64.18
$ 10.82
8 116.06
$ 378.89
$ 85.12
8 104.68
$ 200.27
$ 529.69
8 422.53
8 238.12
$ 251.22
8 79.18
$ 71.22
$ 205.67
8 152.54
8 54.10
8 72.03
8 145.63
8 18.47
$ 72.86
$ 87.39
8 268.88
$ 105.98
$ 56.32
8 138.71
8 400.46
$ 210.88
$ 203.64
UNEMPLOYMENT
RATE
3.9%
3.9%
3.9%
4.2%
4.2%
3.9%
3.7%
4.2%
4.2%
3.7%
3.7%
3.9%
3.9%
3.9%
5.1%
4.7%
3.9%
3.9%
4.1%
4.2%
5.1%
5.1%
4.2%
3.9%
4.1%
4.7%
3.9%
3.9%
4.2%
3.7%
3.7%
4.2%
4.0%
3.9%
4.1%
4.2%
3.7%
4.1%
5.3%
11/03/87
PER CAPITA
PERSONAL
INCOME 1985
$15,606
$ 4,845
814,748
8 6,746
$12,114
*10,433
$ 9,954
$21,875
$ 9,798
$ 3,250
$ 9,163
$ 6,085
815,968
815, 120
817,312
$ 5,781
810,762
8 9,634
815,856
$10,374
$10,549
$11,805
810,987
811,029
8 9,791
$ 8,539
$ 7,809
812,232
$12,064
$12,921
$17,026
$ 8,685
$13,131
$92,217
811,465
815,267
$13,464
$12,137
$11,257
II Now
Mow
Nam
ARNI: H. CARLSON
ST NH AUDITOR
STATE OF MINNESOTA
OFFICE OF THE STATE AUDITOR
SUITE 400
555 PARK STREET
SAINT PAUL 55103
296 -2551
DATA BASE
CONTENT OF INDICATORS FOR FINANCIAL HEALTH PROFILES
Throughout the profile, class refers to the following population groups:
1. First Class Cities (more than 100,000 population)
2. 20,000 to 100,000 population
3. 10,000 to 20,000 population
4. 2,500 to 10,000 population
Note: Unless otherwise indicated, the source of information shown on the
Financial Health profile is the annual financial statement.
1. Population — Source: Minnesota State Demographer; estimate
Households — Source: Minnesota State Demographer; estimate
2. Property Values
Source: Minnesota Department of Revenue. Data shown for the "payable"
year; e.g., 1985 value is payable in 1986. Indicated market value,
assessed valuation and sales ratios are from the Department of Revenue.
3. Building Permits
Source: Data provided by individual cities
4. Retail Sales
Source: Minnesota Department of Revenue's Historical Retail Sales data on
"Gross Retail Sales," showing both taxable and nontaxable sales. Number of
businesses equals the number of vendors who filed sales tax returns.
5. Individual Economic Status
Per Capita Income — Source: Minnesota Department of Revenue. Federal
Adjusted Gross Income (FAGI) divided by demographer's estimate of popu-
lation. Per capita adjusted gross income figures for 1985 are prelimi-
nary numbers from the Minnesota Department of Revenue. Data for 1986 is
not yet available. Final figures for 1985 and 1986 from the Bureau of
Economic Analysis, U.S. Commerce Department, will not be available until
April, 1988.
- 1 -
AN EQUAL OPPORTUNITY EMPLOYER
AFDC Recipients in County - Source: Minnesota Department of Welfare's
"Minnesota Aid to Families With Dependent Children" annual report
(State Fiscal Year). Totals include caretakers and children.
Unemployment Data - Source: Minnesota Department of Jobs and Training.
6. Revenue Sources
Governmental Funds
Revenues
Intergovernmental Revenue:
Federal
State
County
Local
Taxes
Special Assessments
Franchise taxes
Local sales and hotel /motel taxes
Licenses and Permits
Charges for Services
Fines and Forfeits
Miscellaneous Revenue:
Interest Earnings
All Other Revenues
Total Revenues
Revenues Per Capita (total revenues divided by current population in
Indicator 1)
7. Expenditures by Function
Governmental Funds
Current Expenditures
General Government
Police
F ire
Streets and Highways
Refuse & Sanitation
Culture and Recreation
Urban Redevelopment and Housing
Interest and Fiscal Charges
Miscellaneous Expenditures
Total Current Expenditures
Total Current Expenditures
Totals the functional current expenditures shown above. Not
included are capital outlay (where it is separated from current
expenditures in annual financial reports), debt redemption (long
term and short term), and operating transfers out (e.g., to special
projects or for debt service).
7. Expenditures By Function (Continued)
Total Capital Outlay
Sum of annual capital outlay from all governmental funds including both
capital outlay for general fund types of activities, and also capital
outlay for enterprise fund activities where those are financed by
governmental funds.
Debt Service Funds
Principal paid on long -term debt from debt service funds.
Total Expenditures
These include current expenditures (as described above) and capital
outlay but exclude debt redemption (long -term and short - term). Debt
redemption is excluded to avoid distortion; since debt proceeds have
already been spent on a project or program in the current or prior
years, debt redemption as an expenditure would inflate expenditure
figures.
Expenditures Per Capita
Total expenditures divided by population in Indicator 1.
8. Expenditures by Function (Per Capita)
Expenditures shown in Indicator 7, divided by the population in Indicator 1
for each year.
9. Property Tax Levy
Special Assessments:
Limited Levy:
Other Local Levy:
Total Levy:
Levy Limit:
Fiscal Disparities Levy:
Source: Department of Revenue
Source: Department of Revenue from local
jurisdictions.
Total levy less limited levy
The sum of the above
Calculated by Department of Revenue pursuant to
levy limit law.
Source: Department of Revenue
10. Outstanding Indebtedness
The outstanding principal portion of three types of long -term debt is shown.
The types are: general obligation (general obligation and general obliga-
-- tion revenue); special assessment debt; and tax increment financing bonds.
Each amount is divided by current population and by assessed valuation.
11. Governmental Fund Liabilities
Total liabilities of the governmental fund types. Includes accounts
payable, outstanding principal of short term debt, certain long -term debt,
and other liabilities.
12 Budget to Actual Revenues
13. Budget to Actual Expenditures
Compares budget to actual figures for two fund types: general fund and
special revenue funds.
Not shown are debt service funds, capital projects funds, special assessment
funds, any enterprise funds, or fiduciary (trust and agency) funds which are
not required to be budgeted by GAAP.
14. Fund Balances (unreserved, undesignated)
General Fund
Special Revenue Funds
— 15. Earnings on Investments
Maw
Interest income includes earnings on all governmental fund investments, such
as surplus funds which may be temporarily invested. General fund, special
revenue funds and all other governmental funds are included.
16. Current Debt Service Costs
Includes the principal and interest paid during the year on long -term debt
by the governmental funds.
Total debt redemption
plus Interest and fiscal charges
17. Number of Employees
Source: Reported by city personnel. Full -time includes (generally) full-
• time only. Part -time includes part -time and part -time seasonal workers.
18. Compensation and Employer -Paid Fringe Benefits
Source: Reported by city personnel. Compensation covers governmental fund
employees. Also reported are fringe benefits including sick leave, vacation
leave; severance pay; employer contributions for retirement; employer
payments for health, life and disability insurance; benefits and insurance
premiums for unemployment compensation and workers compensation; the value
of past retirement benefits and any other benefits.
Some cities have estimated fringe benefits, while some provide actual
dollar amounts.
OEM
MOO
19. Enterprises - Profit or Loss
Includes operating revenues, expenses, operating income and net income for
enterprises such as water, sewer, and electric.
20. Property Tax Collection Rate
This is current-year data, showing the collection rate on the current
year tax levy.
21. Bond Ratings
Source: Bond rating services. Note that often cities are rated only in
years when the city markets an issue.
22. Opinion on Financial Report and Certificate of Achievement
Unqualified opinion = In auditor's professional opinion, the financial sta-
....
tements conform to generally accepted accounting principles (GAAP).
Qualified opinion = In the auditor's opinion, the financial statements are
not in conformity with generally accepted accounting principles. A common
example is general fixed assets, which may not be accounted for in a manner
prescribed by GAAP.
A "Certificate of Achievement" is awarded by the Government Finance Officers
Association to cities which exhibit excellence in financial reporting. This
is the highest form of recognition in the area of governmental financial
reporting, and its attainment represents a significant accomplishment by a
government and its management.
-5
9/25/87
M. 7 /Datal -5