Overview

Revenues   Expenditures   Position   Obligations
 
 

    Sheet 1: Revenues



CITIZENS' GUIDE TO LOCAL UNIT FINANCES - The Village of Colon
1. Where our money comes from (all governmental funds)
2. Compared to the prior year
2010-11 2011-12 %
Change
Taxes $390,075 $397,488 2%
Licenses & permits 5,473 5,436 -1%
from Federal Govt. - 8,000 n/a
from State Govt. 197,380 286,153 45%
Local contributions - - n/a
Charges for services 57,432 58,807 2%
Fines & forfeitures 2,220 1,522 (0)
Interest & rent 1,895 950 (0)
Other Revenue 5,333 56,966 968%
Total $659,808 $815,322 24%
3. Revenue sources per capita - compared to the prior year
4. Historical trends of individual sources

 

 

    Sheet 2: Expenditures



CITIZENS' GUIDE TO LOCAL UNIT FINANCES - The Village of Colon
1. Where we spend our money (all governmental funds)
2. Compared to the prior year
  2010-11 2011-12 % change
General government $31,831 $30,068 -6%
Police & fire 59,425 60,224 1%
Other public safety 298,367 315,846 6%
Roads - - n/a
Other public works 220,460 184,830 -16%
Health & welfare 7,721 8,030 4%
Community & economic dev. 1.957 - -100%
Recreation & culture 19,030 183,623 865%
Capital outlay - - n/a
Debt service 17,414 20,869 20%
Interfund Transfers (net)       -       - 24%
total expenditures $656,205 $803,490 22%
 
 
3. Spending per capita - compared to the prior year
4. Historical trends of individual sources

 

 

 

 

    Sheet 3: Position



CITIZENS' GUIDE TO LOCAL UNIT FINANCES - The Village of Colon
1. How have we managed our governmental fund resources (fund balance)?
2. Compared to the prior year
FINANCIAL POSITION    




2010-11 2011-12 % change





Revenue 659,808 815,322 24%





Expenditures 656,205 803,490 22%





Surplus (shortfall) 3,603 11,832 228%






Fund balance, by component:








Reserved 2,000 2,000 0%





Designated - - #DIV/0!





Undesignated 481,100 492,932 2%





total fund balance 483,100 494,932 2%
 
 
3. Fund balance per capita - compared to the prior year
4. Historical trends of individual components

 

 

 

 

    Sheet 4: Obligations



CITIZENS' GUIDE TO LOCAL UNIT FINANCES - The Village of Colon
 
1. Pension funding status 2. Retireee Health care funding status 3. Percent funded - compared to the prior year
Structured Debt
 2. Compared to the prior year