Putnam Township Audit Presentation June 30, 2016 PHP

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Presentation transcript:

Putnam Township Audit Presentation June 30, 2016 PHP PFEFFER, HANNIFORD & PALKA Certified Public Accountants BRIGHTON, MICHIGAN

Putnam Township General Fund Revenues (Excluding Fire) Prior to Consolidation For The Year Ended June 30, 2016 Total Revenues $976,490 Taxes $ 282,021 Charges For Services $ 109,579 Cable TV Franchise Fees $ 82,747 Other $ 53,343 State Shared Revenues $ 437,497 Gravel Pit $ 11,303

Putnam Township General Fund Expenditures (Excluding Fire) Prior to Consolidation For The Year Ended June 30, 2016 Total Expenditures = $928,940

Putnam Township General Fund – Fund Balance Prior to Consolidation June 30, 2000 – June 30, 2016

Putnam Township General Fund - Fund Balance After Consolidation (Includes Sewer & Township Hall Improvement) June 30, 2013 – June 30, 2016 There is a slight increase in fund balance as sewer assessments continue to be collected.

Putnam Township General Fund State Shared Revenues and Property Tax Revenue Comparison For the Years Ended June 30, 2004 – June 30, 2016

Putnam Township Fire Revenues and Expenditures For the Years Ended June 30, 2010 – June 30, 2016

Putnam Township Fire Operating Fund Property Tax Revenue and Millage Rates For the Years Ended June 30, 2004 – June 30, 2016 1.1923 1.1923 1.1923 1.1923 1.1923 1.1975 1.1923 1.1923 1.2135 1.2135