1 Financial Indicator Graphs for the Year Ended December 31, 2009 Prepared by Financial Advisory Services Local Government Services Division Municipal

1

Financial Indicator Graphs

for the Year Ended December 31, 2009

Prepared by Financial Advisory ServicesLocal Government Services Division

Municipal Affairs

2

2009 Financial Indicator Graphs

The financial indicator graphs have been revised this year to reflect the significant changes in the presentation of the annual audited financial statements and the financial information return. Some indicators from previous years have been dropped or revised because the data set is no longer valid. Some new indicators have been added with data that is only available for 2009.

The indicators are 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.

Comparison groups are shown on the last two slides and are arranged by population and by equalized assessment per capita.

Other points to note are:

1. The range for most of the graphs is 2004 to 2009.

2. Equalized assessment is shown for the period 2005 to 2010.

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, 2009 reporting date.

3

Financial Indicator Graphs include:

Equalized Tax Rates –Municipal/Residential/Non-ResidentialEqualized Assessment Per Capita (urban only)Equalized Assessment Per Km of Roads (rural only)Non-residential Equalized Assessment as % of Total Tax Collection RateDebt & Debt Service as % of the LimitsLong Term Debt Per CapitaMajor Revenue Sources As % of Total Revenue (2009 only) :

Municipal Property TaxSales & User ChargesProvincial & Federal Grants

Broad Function Expenses Per Capita (2009 only)General GovernmentProtective Services TransportationEnvironmental ProtectionRecreationTotal

Per Capita Expenses by Major Type:Salaries, Wages & BenefitsContracted & General ServicesMaterials, Goods, Supplies & UtilitiesBank Charges & InterestAmortization (2009 only)

Net Book Value As % of Total Capital Property Cost (2009 only)Accumulated Surplus Categories, As %, End of Year (2009 only)Ratio of Current Assets to Current Liabilities

4

Municipal Equalized Tax Rate

32.0

16.3 16.2 15.416.4

13.012.1

26.3

8.8

14.2 13.8 14.0 13.7

10.5

8.5

2.5

0

5

10

15

20

25

30

35

2004 GroupMaximumMinimum

2004 2005 2006 2007 2008 2009 2009 GroupMaximumMinimum

MILK RIVER Median (Population 761 to 931 - Urban)

Note : Municipal Equalized Tax Rate is calculated based on total equalized assessment and net municipal property tax.

02274-F03-0218

5

Residential Equalized Tax Rate

35.1

19.818.9

17.618.8

14.6

10.2

27.1

13.2

18.8 18.1 18.016.7

10.99.5

4.1

0

5

10

15

20

25

30

35




Note : Residential Equalized Tax Rate is calculated based on gross residential property taxes and residential equalized assessment.

6

Non-Residential Equalized Tax Rate

43.6

33.3 33.031.4 31.1

25.5

37.9 37.9

14.8

23.3 22.921.0 21.5 20.8

17.9

0.80

5

10

15

20

25

30

35

40

45

50




Note : Non-Residential Equalized Tax Rate is calculated based on gross non-residential property taxes and non-residential equalized assessment.

7

Equalized Assessment Per Capita (in thousands)

83

39 41 43 4457

71

211

23

37 39 4348

66

85

44

0

50

100

150

200




Note : Equalized Assessment Per Capita approximates a municipality's ability to generate property tax revenue in comparison to similar municipalities.

8

Non-Residential Equalized Assessment As % of Total

53

25 24 23 24

2017

39

7

25 25 24 24

1917

5

0

10

20

30

40

50




9

Tax Collection Rate

98.8

94.5 94.695.5 94.9

96.3

94.6

97.4

88.8

94.695.3 95.5 95.5

96.294.6

74.4

72

77

82

87

92

97




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.

10

Percent of Debt Limit Used

60

2432 28

20

164

0

19 19 15 1320 18

0

1615

-50

0

50

100

150




Note : This graph shows, in percentage terms, the municipality's debt as a percentage of the regulated limit. This is compared to the median for the group of similar municipalities.

11

Percent of Debt Service Limit Used

101

36 24 30 30 28 27

550

020 24 22 16 21 23

0

-100

0

100

200

300

400

500

600




Note: This graph shows, in percentage terms, the municipality's current debt servicing requirement relative to the regulated limit. This is compared to the median for the group of similar municipalities.

12

Long Term Debt Per Capita

964

538

724 656555

2,522

0

248

489 492415

555 506

0

449355

-400

100

600

1,100

1,600

2,100

2,600




13

Net Municipal Property Taxes Per Capita

1,232

630 659 661723

854

1,486

337

567 591659

713754

835

215

739

0

200

400

600

800

1,000

1,200

1,400

1,600




14

Sales and User Charges Per Capita

2,501

416 459 452576 591

470

1,854

172

422 459

750

888 847

718

197

0

500

1,000

1,500

2,000

2,500




15

Provincial and Federal Grants Per Capita

1,177976

673

1,261

4,737

37206

303 321 365

824 737

328399535 455

-500

500

1,500

2,500

3,500

4,500




16

Major Revenue Sources As % of Total Revenue, 2009

39

21 21

31

26 25

65

46

75

0

10

20

30

40

50

60

70

80

Net Municipal Property Tax Sales and User Charges Grants

MILK RIVER Group Median Group Maximum

17

Broad Function Expenses Per Capita, 2009

392

136

310 366

166

2,049

444

125

466 510

281

2,115

906

345

587

829

1,339

4,014

0

500

1000

1500

2000

2500

3000

3500

4000

General Government Protective Services Transportation Environment Recreation and Culture Total Expense


18

Per Capita Expenses - Salaries, Wages and Benefits

604

507

577612

671 669

524

963

257

376396

417

472

536 549

323

0

200

400

600

800

1,000




19

Per Capita Expenses - Contracted and General Services

596

283 281 274329 354

425

1,848

184

283

392451 484

539 538

384

0

500

1,000

1,500

2,000




20

Per Capita Expenses - Materials, Goods, Supplies and Utilities

910

260 242214

261308 330

1,000

159

295264 282

340310

399

186

-20

180

380

580

780

980

1,180




21

Per Capita Expenses - Bank Charges and Interest

78

3441

2722

29

119

0

2227

25 2329 29

0

18

-20

0

20

40

60

80

100

120

140




22

Per Capita Expenses - Amortization, 2009

425

280

817

0

100

200

300

400

500

600

700

800

900

1000


23

Net Book Value As % of Total Capital Property Cost, 2009

38

60

100

0

20

40

60

80

100


24

Accumulated Surplus Categories As % of Total - End of Year, 2009

5

17

78

48

84

16

29

97

0

20

40

60

80

100

Unrestricted Restricted Equity in TCA


$1,150,093

5.0

$228,146

$1,321,215

15.8

$83,462

$1,667,157

11.1

$149,761

$1,374,804

10.1

$135,825

$1,359,412

6.6

$206,721

$1,322,342

6.1

$216,271

2004 2005 2006 2007 2008 2009

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.

MILK_RIVER

26

Group Equalized Assessment Per Capita

44,293

58,736

65,725

67,388

68,733

70,740

70,846

80,630

82,633

84,575

84,681

88,133

102,340

103,639

110,831

120,873

123,957

138,065

211,421

0 50,000 100,000 150,000 200,000 250,000

MCLENNAN

MANNVILLE

CASTOR

HYTHE

FORESTBURG

MILK RIVER

BASHAW

KITSCOTY

SEDGEWICK

NOBLEFORD

HARDISTY

DAYSLAND

DELBURNE

BOYLE

MUNDARE

ALIX

ONOWAY

BEISEKER

ALBERTA BEACH

27

Group Population

761

761

765

808

818

821

823

824

837

846

851

868

875

877

884

891

895

918

931

0 100 200 300 400 500 600 700 800 900 1,000

HARDISTY

MANNVILLE

DELBURNE

KITSCOTY

DAYSLAND

HYTHE

MUNDARE

MCLENNAN

BEISEKER

MILK RIVER

ALIX

BASHAW

ONOWAY

NOBLEFORD

ALBERTA BEACH

SEDGEWICK

FORESTBURG

BOYLE

CASTOR

Documents

1 Financial Indicator Graphs for the Year Ended December 31, 2009 Prepared by Financial Advisory Services Local Government Services Division Municipal