1
Financial Indicator Graphs for the Year Ended December 31, 2005
–
Prepared by Financial Advisory ServicesLocal Government Services Division
Alberta Municipal Affairs
2
Introduction
The financial indicator graphs have been prepared by Alberta Municipal Affairs using municipal financial and statistical data. The package is intended to serve as a tool that may assist council and administration with operational decisions. The comparative measures may be useful in assessing past performance and for budget planning. Each municipality is compared to a group of similar sized urban municipalities, or to rural municipalities with similar tax base. The comparison group is shown on the last slide.
Financial Advisory Services can provide assistance in interpreting this information and can prepare custom indicator graphs upon request for other comparative groups, e.g. comparisons with only larger municipalities.
Other points to note are:
1. The range for most of the graphs is 2000 to 2005.
2. Equalized assessment is shown for the period 2001 to 2006.
3. Caution should be used when interpreting results as each municipality has unique characteristics affecting how it compares to the group. In addition, circumstances may have changed since the December 31, 2005 reporting date.
3
Financial Indicator Graphs included:
•Equalized Tax Rates – Net Municipal/Residential/Non-Residential•Equalized Assessment Per Capita (urban only)•Equalized Assessment Per Km of Roads (rural only)•Tax Collection Rate•Debt & Debt Service as a % of the Limits•Long Term Municipal Debt Per Capita•Municipal Debt Servicing as a % of Total Revenue•Major Revenue Sources Per Capita/As % of Total Operating Revenue :
•Net Municipal Property Tax•Sales & User Charges•Provincial and Federal Grants
•Per Capita Operating Expenditures by Broad Function Category:
•Total•General Government•Protective Services •Transportation•Environmental Protection•Recreation
•Roads Operating Expenditures Per Km (rural only)•Per Capita Expenditures by Major Type:
•Salaries, Wages & Benefits•Contracted & General Services•Materials, Goods, Supplies & Utilities•Bank Charges & Interest
•Long Term Liquidity/Long Term Liquidity Per Capita•Reserves/Reserves Per Capita•Ratio of Current Assets to Current Liabilities
4
Net Municipal Equalized Tax Rate
15.1
7.3 7.5 7.3 7.6 7.36.8
15.2
5.4
9.3 9.3 9.3 9.4 9.59.8
4.24
6
8
10
12
14
16
2000 GroupMaximumMinimum
2000 2001 2002 2003 2004 2005 2005 GroupMaximumMinimum
M.D. OF PINCHER CREEK Median (Eq. Assessment between $440 and $905 Million - Rural)
Note : Municipal Equalized Tax Rate is calculated based on total equalized assessment and net municipal property tax.
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Residential Equalized Tax Rate
19.6
12.3 12.1 11.9 12.311.7
10.8
16.3
10.1
14.5
13.6 13.5 13.512.9
12.4
6.6
5
7
9
11
13
15
17
19
21
2000 GroupMaximumMinimum
2000 2001 2002 2003 2004 2005 2005 GroupMaximumMinimum
M.D. OF PINCHER CREEK Median (Eq. Assessment between $440 and $905 Million - Rural)
Note : Residential Equalized Tax Rate is calculated based on gross residential property taxes and residential equalized assessment.
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Non-Residential Equalized Tax Rate
30.5
13.0 12.3 11.7 11.4 11.19.9
22.8
9.4
16.915.6 15.3
16.2 15.716.3
8.0
5
10
15
20
25
30
2000 GroupMaximumMinimum
2000 2001 2002 2003 2004 2005 2005 GroupMaximumMinimum
M.D. OF PINCHER CREEK Median (Eq. Assessment between $440 and $905 Million - Rural)
Note : Non-Residential Equalized Tax Rate is calculated based on gross non-residential property taxes and non-residential equalized assessment.
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Equalized Assessment Per Km of Roads (in thousands)
3,414.5
507.6 522.6 560.7 597.6 642.4 751.7
5,600.5
113 237 241 243 252 272 294 173
-1,000
0
1,000
2,000
3,000
4,000
5,000
6,000
2001 GroupMaximumMinimum
2001 2002 2003 2004 2005 2006 2006 GroupMaximumMinimum
M.D. OF PINCHER CREEK Median (Eq. Assessment between $440 and $905 Million - Rural)
Note : Equalized Assessment Per Km of Roads approximates a municipality's ability to generate property tax revenue relative to the number of kilometers of open roads maintained compared to the average.
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Tax Collection Rate
99.1
97.8 98.297.5 97.5
98.098.6
99.4
94.3
97.698.1 98.0 97.6
98.1 98.2
91.0
85
87
89
91
93
95
97
99
101
103
2000 GroupMaximumMinimum
2000 2001 2002 2003 2004 2005 2005 GroupMaximumMinimum
M.D. OF PINCHER CREEK Median (Eq. Assessment between $440 and $905 Million - Rural)
Note : This indicator reflects the percentage of taxes and grants in place of taxes which are collected by the municipality in the year in which they are levied.
9
Percent of Debt Limit Used
11
0 0 0 0 0 0
28
0 1 0 1 01
2
00
5
10
15
20
25
30
35
2000 GroupMaximumMinimum
2000 2001 2002 2003 2004 2005 2005 GroupMaximumMinimum
M.D. OF PINCHER CREEK Median (Eq. Assessment between $440 and $905 Million - Rural)
Note : This graph shows, in percentage terms, the municipality's debt (municipal and excluded functions) as a percentage of the regulated limit. This is compared to the median for the group of similar municipalities.
10
Percent of Debt Service Limit Used
41
1 1 1 0 0 0
54
02 1 1 1 1 1 00
10
20
30
40
50
60
2000 GroupMaximumMinimum
2000 2001 2002 2003 2004 2005 2005 GroupMaximumMinimum
M.D. OF PINCHER CREEK Median (Eq. Assessment between $440 and $905 Million - Rural)
Note: This graph shows, in percentage terms, the municipality's current debt servicing requirement (municipal and excluded functions) relative to the regulated limit. This is compared to the median for the group of similar municipalities.
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Long Term Municipal Debt Per Capita
440
9 6 3 0 8 6
1,008
0 19 6 15 841
131
00
200
400
600
800
1,000
1,200
2000 GroupMaximumMinimum
2000 2001 2002 2003 2004 2005 2005 GroupMaximumMinimum
M.D. OF PINCHER CREEK Median (Eq. Assessment between $440 and $905 Million - Rural)
Note : Long term debt associated with excluded functions (gas and/or electricity) is not included.
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Municipal Long Term Debt Servicing as a Percent of Total Revenue
7.2
0.3 0.2 0.2 0.2 0.0 0.1
7.4
0.0
0.60.3 0.2 0.3 0.4 0.3
0.00
1
2
3
4
5
6
7
8
2000 GroupMaximumMinimum
2000 2001 2002 2003 2004 2005 2005 GroupMaximumMinimum
M.D. OF PINCHER CREEK Median (Eq. Assessment between $440 and $905 Million - Rural)
Note: The calculation represents the percentage of total (operating and capital) municipal revenue that was required to meet long term debt obligations (municipal only) throughout the year.
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Net Municipal Property Taxes Per Capita
2,276
1,066 1,121 1,1681,294 1,345
1,463
3,726
558
1,0911,183
1,262 1,294 1,3451,498
807
0
500
1,000
1,500
2,000
2,500
3,000
3,500
4,000
4,500
2000Group
MaximumMinimum
2000 2001 2002 2003 2004 2005 2005Group
MaximumMinimum
M.D. OF PINCHER CREEK Median (Eq. Assessment between $440 and $905 Million - Rural)
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Sales and User Charges Per Capita
236
99 96123 110 109 115
730
31
99 96 85 93109 119
28
-100
0
100
200
300
400
500
600
700
800
2000Group
MaximumMinimum
2000 2001 2002 2003 2004 2005 2005Group
MaximumMinimum
M.D. OF PINCHER CREEK Median (Eq. Assessment between $440 and $905 Million - Rural)
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Provincial and Federal Operating Grants Per Capita
1,776
206153 180 134
77
1,283
208
463
281 281 260 281
423
77
719
-200
300
800
1,300
1,800
2000Group
MaximumMinimum
2000 2001 2002 2003 2004 2005 2005Group
MaximumMinimum
M.D. OF PINCHER CREEK Median (Eq. Assessment between $440 and $905 Million - Rural)
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Net Municipal Property Taxes As % of Total Operating Revenue
69
49
65 6669 70
79
47
57
69 6972
70
66
55
73
20
30
40
50
60
70
80
90
2000 GroupMaximumMinimum
2000 2001 2002 2003 2004 2005 2005 GroupMaximumMinimum
M.D. OF PINCHER CREEK Median (Eq. Assessment between $440 and $905 Million - Rural)
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Sales and User Charges As % of Total Operating Revenue
15
6
76 6 6
21
1
65 5
56 6
1
5
0
5
10
15
20
25
2000 GroupMaximumMinimum
2000 2001 2002 2003 2004 2005 2005 GroupMaximumMinimum
M.D. OF PINCHER CREEK Median (Eq. Assessment between $440 and $905 Million - Rural)
18
Provincial and Federal Operating Grants As % of Total Operating Revenue
46
33
12
9 107
4
32
11
27
16 1615 16
20
4
0
5
10
15
20
25
30
35
40
45
50
2000 GroupMaximumMinimum
2000 2001 2002 2003 2004 2005 2005 GroupMaximumMinimum
M.D. OF PINCHER CREEK Median (Eq. Assessment between $440 and $905 Million - Rural)
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Total Operating Expenditures Per Capita
3,466
1,560 1,4261,645 1,663
1,442
5,862
793
1,708 1,600 1,6471,773
1,9062,120
1,096
2,257
0
1,000
2,000
3,000
4,000
5,000
6,000
7,000
2000Group
MaximumMinimum
2000 2001 2002 2003 2004 2005 2005Group
MaximumMinimum
M.D. OF PINCHER CREEK Median (Eq. Assessment between $440 and $905 Million - Rural)
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General Government Operating Expenditures Per Capita
397
192230 230 234 243
284
706
108
203
243 255270 273
306
165
0
100
200
300
400
500
600
700
800
2000 GroupMaximumMinimum
2000 2001 2002 2003 2004 2005 2005 GroupMaximumMinimum
M.D. OF PINCHER CREEK Median (Eq. Assessment between $440 and $905 Million - Rural)
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Protective Services Operating Expenditures Per Capita
220
26 26 25
4654 53
321
26
6170 71 72
8186
50
0
50
100
150
200
250
300
350
2000 GroupMaximumMinimum
2000 2001 2002 2003 2004 2005 2005 GroupMaximumMinimum
M.D. OF PINCHER CREEK Median (Eq. Assessment between $440 and $905 Million - Rural)
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Transportation Operating Expenditures Per Capita
2,871
1,110 1,057
1,500
4,698
445
1,110
743
1,057 1,1361,287
570
1,049
743778
1,122
0
1,000
2,000
3,000
4,000
5,000
2000Group
MaximumMinimum
2000 2001 2002 2003 2004 2005 2005Group
MaximumMinimum
M.D. OF PINCHER CREEK Median (Eq. Assessment between $440 and $905 Million - Rural)
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Roads Operating Expenditures Per Km
6,129
3,865
2,607
3,709 3,681
2,730
5,263
1,035
1,901 2,076 2,246 2,336 2,323 2,435
1,362
8,104
0
1,000
2,000
3,000
4,000
5,000
6,000
7,000
8,000
9,000
2000Group
MaximumMinimum
2000 2001 2002 2003 2004 2005 2005Group
MaximumMinimum
M.D. OF PINCHER CREEK Median (Eq. Assessment between $440 and $905 Million - Rural)
Note : Includes common and equipment pool, roads, streets, walks and lighting expenditures.
24
Environmental Protection Operating Expenditures Per Capita
270
209
82100
81
125
645
11
4766 61
9076
97
4
47
-100
0
100
200
300
400
500
600
700
2000 GroupMaximumMinimum
2000 2001 2002 2003 2004 2005 2005 GroupMaximumMinimum
M.D. OF PINCHER CREEK Median (Eq. Assessment between $440 and $905 Million - Rural)
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Recreation Operating Expenditures Per Capita
101
3339
62 62
91 90
122
6
32
40 42
52 5256
20
20
40
60
80
100
120
140
2000 GroupMaximumMinimum
2000 2001 2002 2003 2004 2005 2005 GroupMaximumMinimum
M.D. OF PINCHER CREEK Median (Eq. Assessment between $440 and $905 Million - Rural)
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Per Capita Operating Expenditures - Salaries, Wages and Benefits
735
505550 566
587610
711
915
263
402424
490519
575
654
341
0
100
200
300
400
500
600
700
800
900
2000 GroupMaximumMinimum
2000 2001 2002 2003 2004 2005 2005 GroupMaximumMinimum
M.D. OF PINCHER CREEK Median (Eq. Assessment between $440 and $905 Million - Rural)
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Per Capita Operating Expenditures - Contracted and General Services
2,896
717488 465
988
4,666
175
486 434 483592 560 569
2140
468
-500
500
1,500
2,500
3,500
4,500
2000Group
MaximumMinimum
2000 2001 2002 2003 2004 2005 2005Group
MaximumMinimum
M.D. OF PINCHER CREEK Median (Eq. Assessment between $440 and $905 Million - Rural)
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Per Capita Operating Expenditures - Materials, Goods, Supplies and Utilities
994
225262 270
360
1,091
142
274302
337
395 397 393
199
470 447
0
200
400
600
800
1,000
1,200
2000Group
MaximumMinimum
2000 2001 2002 2003 2004 2005 2005Group
MaximumMinimum
M.D. OF PINCHER CREEK Median (Eq. Assessment between $440 and $905 Million - Rural)
29
Per Capita Operating Expenditures - Bank Charges and Interest
56
2 1 1 1 02
56
0
42 1 2
5 6
00
10
20
30
40
50
60
2000 GroupMaximumMinimum
2000 2001 2002 2003 2004 2005 2005 GroupMaximumMinimum
M.D. OF PINCHER CREEK Median (Eq. Assessment between $440 and $905 Million - Rural)
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Long Term Liquidity Per Capita
4,769
2,349 2,497 2,707 2,8733,191 3,388
5,269
8
1,607 1,7682,070
2,3291,936 1,945
-326-700
300
1,300
2,300
3,300
4,300
5,300
6,300
2000 GroupMaximumMinimum
2000 2001 2002 2003 2004 2005 2005 GroupMaximumMinimum
M.D. OF PINCHER CREEK Median (Eq. Assessment between $440 and $905 Million - Rural)
Note : Long term liquidity equals all financial assets less liabilities. A positive result indicates the assets remaining if all liabilities were paid in full. A negative result indicates liabilities to be paid with future revenues. Gas and electric functions are included where applicable.
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Reserves Per Capita
4,874
1,642 1,791 1,998
2,8733,199
3,629
5,345
12
1,642 1,7911,998
2,529 2,465 2,423
13
-1,000
0
1,000
2,000
3,000
4,000
5,000
6,000
7,000
2000 GroupMaximumMinimum
2000 2001 2002 2003 2004 2005 2005 GroupMaximumMinimum
M.D. OF PINCHER CREEK Median (Eq. Assessment between $440 and $905 Million - Rural)
Note : Municipal, gas and electric functions are included where applicable.
32
Long Term Liquidity (in thousands)
13,047
7,454 7,983 8,655 9,18710,202 10,831
13,959
53
6,1547,105
6,488 6,795 7,3508,225
-2,003-3,000
2,000
7,000
12,000
17,000
2000 GroupMaximumMinimum
2000 2001 2002 2003 2004 2005 2005 GroupMaximumMinimum
M.D. OF PINCHER CREEK Median (Eq. Assessment between $440 and $905 Million - Rural)
Note : Long term liquidity equals all financial assets less liabilities. A positive result indicates the assets remaining if all liabilities were paid in full. A negative result indicates liabilities to be paid with future revenues. Gas and electric functions are included where applicable.
Total Reserves (in thousands)
12,965
9,186
10,226
11,603
13,080
76
5,207
6,153 6,388
8,626
7,667 7,493
82
5,207 5,726
6,388
0
2,000
4,000
6,000
8,000
10,000
12,000
14,000
16,000
2000 GroupMaximumMinimum
2000 2001 2002 2003 2004 2005 2005 GroupMaximumMinimum
M.D. OF PINCHER CREEK Median (Eq. Assessment between $440 and $905 Million - Rural)
Note : Municipal, gas and electricity functions are included where applicable.
34
$2,857,696
6.4
$448,241
$2,919,938
5.0
$581,989
$3,173,035
7.5
$420,531
$2,388,902
6.4
$375,981
$3,314,173
4.1
$802,698
$3,730,214
3.8
$988,079
2000 2001 2002 2003 2004 2005
Ratio of Current Assets To Current Liabilities
Current Assets ($) Current Liabilities ($)
Note: The current ratio calculation measures ability to meet short-term obligations with existing liquid assets. "Current Assets" are those which are liquid in nature (cash or an asset which can be easily converted to cash). Inventory is excluded from the calculation. "Current Liabilities" are generally obligations coming due within the next fiscal year. The ratio is shown in the centre of the column. A ratio greater than one indicates the degree to which current assets exceed current liabilities; a ratio smaller than one indicates the degree to which current liabilities exceed current assets. A zero ( $0 ) result at the top of a column indicates that the municipality had only current assets and no current liabilities. Gas and electrical functions are included where applicable.
MD_OF_PINCHER_CREEK
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Comparison Group (Total Equalized Assessment)
440,152,243
460,215,888
480,279,169
502,746,440
582,447,183
591,243,399
597,231,671
634,784,140
657,714,908
684,797,707
688,253,338
748,680,792
762,122,950
786,696,211
789,243,055
825,934,911
878,564,738
884,807,730
905,183,281
0 100,000,000
200,000,000
300,000,000
400,000,000
500,000,000
600,000,000
700,000,000
800,000,000
900,000,000
1,000,000,000
WESTLOCK COUNTY
COUNTY OF MINBURN
LAMONT COUNTY
COUNTY OF FORTY MILE
M.D. OF BIGHORN
M.D. OF WILLOW CREEK
BEAVER COUNTY
COUNTY OF PAINTEARTH
CLEAR HILLS COUNTY
M.D. OF PINCHER CREEK
COUNTY OF ST. PAUL
CAMROSE COUNTY
VULCAN COUNTY
LAC STE. ANNE COUNTY
COUNTY OF STETTLER
FLAGSTAFF COUNTY
NORTHERN SUNRISE COUNTY
M.D. OF LESSER SLAVE RIVER
M.D. OF NORTHERN LIGHTS
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