FY 2026-2027 Adopted Budget - GFOA Award Submission Edition - Flipbook - Page 279
City of Plymouth – Performance Dashboard, FY
2026/27
39.6%
General Fund balance / FY27
expenditures
3.97%
Invested funds yield (T-bill 4.54%)
Financial Health
2.45%
Total portfolio yield
Sources: FY 2026/27 Budget, Investment Report 9/30/26, MI Treasury PA 202 Summary FY 2025 • Prepared by
Finance
82%
Capital requests funded ($5.36M
of $6.53M)
Investments (9/30/26)
General Fund balance
(6/30/26 proj.)
$4.56M
Target 15–25%
Operating revenue less
operating expenditure
(FY27)
+$1.55M
Target > 0
Fund balance used (FY28
plan)
$1.95M
Target $0
6.46
Target > 2.0
Tax collection efficiency
98.77%
Target g 98%
Unrestricted net position
(FY25)
-$7.2M
Improving
8%
Target < 10%
City rate increase vs. GLWA
(5.63%)
5.45%
f GLWA
Combined rate per 1,000
gal.
$17.74
FY26 $16.82
Operating income (FY27
budget)
-$364K
Break-even
Capital funded from rates
$817K
Per plan
Retained earnings (proj.)
$13.8M
Maintain
Current ratio
Water and Sewer
-57 bp
Within 25 bp
Total portfolio yield
2.45%
Target g 3.0%
57%
Target < 40%
MI Class pool rate
4.14%
Benchmark
Annualized interest run rate
$659K
FY25 $663K
Q1 done
4 of 4
Quarterly report to
Commission
$227K
Police operating budget
(FY27)
$4.49M 39% of General Fund
17
FY27 $196K
g 95% filled
Police cost per resident
$479
Report
Fire contract cost (FY27)
$1.00M
FY25 $860K
4
Succession plan
Officers retirement-eligible in
3–5 yrs
$1.19M
g 10% of exp.
Local Street fund balance
(proj.)
$2.26M
g 10% of exp.
Gas & weight tax revenue
(FY27)
$1.29M
+$0.1M vs FY26
Neighborhood Road
Funding (new program)
$403K
New revenue
2026 street bond program
$938K
On schedule
23.29 mi
Report
Services, Capital and Workforce
Police overtime FY26 proj.
vs. FY27 budget
Full-time officers authorized
Major Street fund balance
(proj.)
Local street network
Public Safety
Unbilled water
78.3%
Pension funded ratio
Streets and Infrastructure
Invested funds vs. 1-yr T-bill
(4.54%)
Operating cash at Chase
(1.30%)
8%
Unbilled water, FY26
Waste fund balance (FY27)
$421K
Cart fee $12.00
General Fund subsidy to
Recreation
$670K
Declining
Equipment fund balance
(FY27 → FY31)
$3.3M
To $2.3M
Grants in capital plan (Rec.
CIP)
$850K
Report
OPEB funded ratio ($11.3M
unfunded)
0%
PA 202: Not
Underfunded
59.85
Stable
Total FTE (proposed)
Watch list: (1) $15.3M of operating cash earning 1.30%; (2) General Fund fund-balance draws in FY28–29; (3) water and sewer operating loss; (4) 0% OPEB funding – pay-as-you-go, compliant with PA 202 (FY25); (5)
recreation subsidy growth.
Status:
On target
Watch
Off target
Informational / no target
Fund balance % uses projected 6/30/26 balance divided by FY27 proposed General Fund expenditures. Targets are proposals pending Commission review. Police cost per resident uses FY27 budget $4.49M over 9,370 residents. PA 202 status per
Michigan Treasury FY 2025 Local Unit Retirement System Summary (as of 10/23/26): Not Underfunded, Compliant, no corrective action plan required.
City of Plymouth FY 2026-2027 Budget
275
