| CITIZENS' GUIDE TO LOCAL UNIT FINANCES - The
Village of Colon |
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FINANCIAL POSITION |
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| 1. How have we managed our governmental fund
resources (fund balance)? |
2. Compared to the prior year |
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2012-13 |
2013-14 |
% change |
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Revenue |
707,020 |
705,978 |
0% |
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Expenditures |
626,075 |
723,367 |
16% |
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Surplus (shortfall) |
80,945 |
(17,388) |
-121% |
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Fund balance, by component: |
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Reserved |
1,319 |
1,796 |
36% |
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Designated |
- |
- |
#DIV/0! |
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Undesignated |
538,389 |
537,911 |
0% |
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total fund balance |
539,708 |
539,707 |
0% |
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| 3. Fund balance per capita - compared to the
prior year |
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4. Historical trends of individual
components |
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| For more
information on our unit's finances, contact Julie Hollister at (269)
432-2532 |
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