| F I N A N C I A L I N D I C A T O R R E V I E W (Based on 2018 Financial Information Return) Windsor C Date Prepared: 2018 Households: 99,325 Median Household Income: 55,450 Prepared By: 2019 MFCI Index n/a % of Total Taxable Assessment: 60.9% Tier ST Own Purpose Taxation: 325,021,268 | ||||||||
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| S U S T A I N A B I L I T Y I N D I C A T O R S | ||||||||
| Indicator | Ranges | Actuals | South - Single Tiers | Level of Risk | ||||
| Median | Average | |||||||
| 2014 | 10.3% | 6.0% | 7.0% | MODERATE | ||||
| Low: < 10% | 2015 | 9.1% | 5.4% | 6.7% | LOW | |||
| Total Taxes Receivable less Allowance for Uncollectibles as a % of Total Taxes Levied | Mod: 10% to 15%High: > 15% | 20162017 | LOW LOW | |||||
| 8.9% | 5.9% | 6.9% | ||||||
| 8.8% | 5.9% | 6.5% | ||||||
| 2018 | 7.3% | 5.6% | 6.0% | LOW | ||||
| 2014 | 26.2% | 1.7% | -12.4% | LOW | ||||
| Low: > -50% | 2015 | 26.8% | -4.4% | -10.7% | LOW | |||
| 29.9% | -8.2% | -10.9% | ||||||
| Net Financial Assets or Net Debt as % of Own Source Revenues | Mod: -50% to -100% | 2016 | LOW | |||||
| High: < -100% | 2017 | LOW | ||||||
| 29.8% | -3.9% | -8.0% | ||||||
| 2018 | 29.7% | 6.5% | -7.8% | LOW | ||||
| 2014 | 25.3% | 32.9% | 36.3% | LOW | ||||
| Low: > 20% | 2015 | 26.4% | 38.1% | 40.9% | LOW | |||
| Total Reserves and Discretionary Reserve Funds as a % of Municipal Expenses | Mod: 10% to 20%High: < 10% | 20162017 | LOW LOW | |||||
| 25.0% | 40.8% | 41.7% | ||||||
| 24.0% | 41.1% | 42.7% | ||||||
| 2018 | 24.0% | 41.5% | 42.4% | LOW | ||||
| 2014 | 2.73:1 | 1.45:1 | 1.69:1 | LOW | ||||
| Low: > 0.5:1 | 2015 | 3.24:1 | 1.36:1 | 1.94:1 | LOW | |||
| Cash Ratio (Total Cash and Cash Equivalents as a % of Current Liabilities) | Mod: 0.5:1 to 0.25:1 High: < 0.25:1 | 20162017 | LOW LOW | |||||
| 2.78:1 | 1.59:1 | 1.63:1 | ||||||
| 2.74:1 | 1.22:1 | 1.72:1 | ||||||
| 2018 | 3.23:1 | 1.23:1 | 1.93:1 | LOW | ||||
| F L E X I B I L I T Y I N D I C A T O R S | ||||||
|---|---|---|---|---|---|---|
| 2014 | 1.5% | 4.8% | 4.8% | LOW | ||
| Low: < 5% | 2015 | 1.5% | 4.5% | 5.5% | LOW | |
| Debt Servicing Cost as a % of Total Revenues (Less Donated TCAs) | Mod: 5% to 10% | 2016 | 1.4% | 5.0% | 4.6% | LOW |
| High: >10% | 2017 | 1.4% | 5.1% | 4.8% | LOW | |
| 2018 | 1.3% | 4.9% | 4.8% | LOW | ||
| 2014 | 39.2% | 39.4% | 40.2% | LOW | ||
| Closing Amortization Balance as a % of Total Cost of Capital Assets (Asset Consumption Ratio) | Low: < 50%Mod: 50% to 75%High: > 75% | 201520162017 | 41.0%42.3%43.0% | 40.3%40.2%41.0% | 40.9%41.2%41.8% | LOW LOW LOW |
| 2018 | 44.0% | 41.8% | 41.6% | LOW | ||
| 2014 | 3.6% | 7.7% | 8.8% | LOW | ||
| Annual Surplus / (Deficit) as a % of Own Source Revenues | Low: > -1%Mod: -1% to -30% | 20152016 | 3.8%6.3% | 10.3%10.5% | 11.4%10.2% | LOW LOW |
| High: < -30% | 2017 | 10.0% | 13.1% | 13.3% | LOW | |
| 2018 | 7.4% | 14.5% | 15.2% | LOW | ||
The data and information contained in this document is for informational purposes only. It is not an opinion about a municipality and is not intended to be used on its own - it should be used in conjunction with other financial information and resources available. It may be used, for example, to support a variety of strategic and policy discussions.