powerpoint presentationdublinohiousa.gov/.../03/2017-sotc-presentation.pdf · general fund balance...

FISCAL HEALTHFINANCIALLY SMARTER

$9.73

$8.57

$71.67

$0

$10

$20

$30

$40

$50

$60

$70

$80

$90

$100

Mil

lio

n

Net Profits Individual Withholding

INCOME TAX REVENUE

GENERAL FUND BALANCE (RESERVE)

$-

$10

$20

$30

$40

$50

$60

$70

2007 2008 2009 2010 2011 2012 2013 2014 2015 2016

Mil

lio

ns

50% Level Actual General Fund Balance

GFOA Minimum Reserve (17%) Moody's AAA Minimum Reserve (30%)

GENERAL FUND BALANCE

$-

$10

$20

$30

$40

$50

$60

2016

Mil

lio

ns

50%Reserve Level

$33,138,667

75%Reserve Level

$49,708,000

25% of Excess above 75%

Transferred to Capital Improvement Tax Fund

GENERAL FUND BALANCE

$-

$10

$20

$30

$40

$50

$60

2016

Mil

lio

ns

Reserve Level

$33,138,667

Reserve Level

$49,708,000

$1,747,693Transferred to Capital Improvement Tax Fund

INCOME TAX DISTRIBUTION

Income Tax Revenue

75%to the General Fund

25%to the Capital ImprovementTax Fund

40% Allocated to Cash Fund Capital Projects

60%Allocated to Debt Service on Capital Projects

2017 – 2021 DEBT CAPACITY (Per Debt Policy)

$-

$2

$4

$6

$8

$10

$12

$14

$16

2017 2018 2019 2020 2021

Mil

lio

ns

Remaining Capacity

Income Tax Revenue Committed toDebt Service

ECONOMIC VITALITYBUILDING SMARTER

ECONOMIC VITALITYPLANNING SMARTER

SMART, CUSTOMER-FOCUSED GOVERNMENT

SERVING SMARTER

FPO

FPO

SAFE & RESILIENT COMMUNITY

SAFER TOGETHER

COMMUNITY ENGAGEMENTSMARTER TOGETHER

COMMUNITY ENGAGEMENTSMARTER TOGETHER