City

Radford
Charlottesville
Harrisonburg

$
$
$

Change in Net Assets by

2012
2013
(291,484) $
(1,380,173)
(413,593) $
3,795,886
4,664,954 $
4,123,884

Year
$
$
$

2014
2,527,358
16,075,578
2,387,064

Three Year Change in Net Positi

$20,000,000

$15,000,000

$10,000,000

Net Change(in dollars)

$5,000,000

$0
2012

-$5,000,000

nge in Net Position, Governmental Activities

2013

2014

2014

City
Radford
Charlottesville
Harrisonburg

$
$
$

Radford
Charlottesville
Harrisonburg

2012 ($ change)
182,679
(61,913)
6,251,206

2012
5677900
$7,000,000 40082388
31518885

Change in General Fund Balance by Ye

2012 (% change) 2013 ($ change)
3.32% $
694,279
-0.15% $
(2,176,140)
24.74% $
(279,857)

2013 in General2014
Change
Fund Balance

6372179
37906248
31239028

7018204
38807814
32054456

$6,000,000
$5,000,000

radford
charlottesville
harrisonburg

2011
5495221
$4,000,000 40144301
25267679
$3,000,000

Change(in dollars)

$2,000,000
$1,000,000
$0
2012 ($ change)
-$1,000,000
-$2,000,000
-$3,000,000

2013 ($ change)

eral Fund Balance by Year

2013 (% change)
12.23%
-5.43%
-0.89%

2014 ($ change) 2014 (% change)

$
646,025
10.14%
$
901,566
2.38%
$
815,428
2.61%

eral Fund Balance

30.0

25.0

20.0

15.0

Change(in percent)

10.0

5.0

2013 ($ change)

2014 ($ change)

0.0
2012

-5.0

-10.0

Change in General Fund Balance

30.00%

25.00%

20.00%

15.00%

Change(in percent)

10.00%

5.00%

0.00%
2012 (% change)
-5.00%

-10.00%

2013 (% change)

Balance

hange)

2014 (% change)

City
Radford
Charlottesville
Harrisonburg

Governmental activities
Unrestricted
Expenses
$
7,710,856 $
28,440,344
$
67,085,400 $
177,265,839
$
36,848,497 $
114,839,670

Ratio
0.27
0.38
0.32

Unrestricted Activities/ExpensesGover
0.40

0.35

0.30

0.25

Ratio

0.20

0.15

0.10

0.05

0.00

Radford

Charlottesville

ies/ExpensesGovernmental Activities

Charlottesville

Harrisonburg

General Fund
City
Radford
Charlottesville
Harrisonburg

Unassigned
Revenues
3180070 $ 20,593,768
27291468 $ 139,002,064
26595398 $ 94,934,840

Ratio
0.15
0.20
0.28

Ratio of Unassigned Fund Balance to Fund Reve

0.30

0.25

0.20

Ratio

0.15

0.10

0.05

0.00

Radford

Charlottesville

Balance to Fund RevenueGeneral Fund

Charlottesville

Harrisonburg

City
Radford
Charlottesville
Harrisonburg

$
$
$

Local Source Revenue

2012
2013
11,039,548 $
11,375,463 $
94,311,894 $
95,714,241 $
63,295,285 $
66,879,787 $

Radford

2014
11,472,088
98,699,930
68,300,434

Harrisonburg

Change from
Change from
Change from
Change from
2012-2013
2013-2014
2012-2013
2013-2014
$
335,915 $
96,625 $
3,584,502 $
1,420,647
3%
1%
5%
2%
Charlottesville
Change from
Change from
2012-2013
2013-2014
$
1,402,347 $
2,985,689
1%
3%

$120,000,000

$100,000,000

$80,000,000

Total Local Source Revenue(in dollars)

$60,000,000

$40,000,000

$20,000,000

$0
20

n dollars)

Local Source Revenue

$120,000,000

$100,000,000

$80,000,000

$60,000,000

$40,000,000

$20,000,000

$0
2012

2013

2014

City
Radford
Charlottesville
Harrisonburg

General Revenue
$
20,593,768 $
$
139,002,064 $
$
94,934,840 $

Property Tax
Property Tax %
7,601,010
37%
60,203,592
43%
33,559,753
35%

Property Tax as a % of Gen

50%
45%
40%
35%
30%

Property Tax %

25%
20%
15%
10%
5%
0%

Radford

Char

perty Tax as a % of General Revenue

Charlottesville

Harrisonburg

City
Radford
Charlottesville
Harrisonburg

Local Source Revenue

$
11,472,088
$
98,699,930
$
68,300,343

Population
17139
46623
53013

Local Source Revenueper capita

$2,500

$2,000

$1,500

Axis Title
$1,000

$500

$-

Radford

Charlottesville

Local Source
Revenue per capita
$
$
$

669
2,117
1,288

Local Source Revenueper capita

Charlottesville

Harrisonburg

Year
City
Radford
Charlottesville
Harrisonburg

City
Radford
Charlottesville
Harrisonburg

Expense
Public Safety
Education
Education

$
$
$

2011
6,244,619 $
57,974,958 $
27,641,213 $

2012
6,338,892
42,460,291
30,965,228

Year
2012 ($ change) 2012 (% change) 2013 ($ change)
$
94,273
1.51% $
468,281
$
(15,514,667)
-26.76% $
9,216,864
$
3,324,015
12.03% $
2,020,527

Year
$
$
$

2013
6,807,173 $
51,677,155 $
32,985,755 $

Year
2013 (% change)
7.39%
21.71%
6.53%

2014
6,991,450
45,368,328
34,574,455

2014 ($ change) 2014 (% change)

$
184,277
2.71%
$
(6,308,827)
-12.21%
$
1,588,700
4.82%

City
Radford
Charlottesville
Harrisonburg

Total Expenses
$
54,953,062
$
226,881,117
$
142,344,400

Largest
Public safety
Education
Education

Expense
$
6,991,450
$
45,368,328
$
34,574,455

% of
12.72%
20.00%
24.29%

City
Radford
Charlottesville
Harrisonburg

Total Expenses
$
54,953,062
$
226,881,117
$
142,344,400

Population
17139
46623
53013

Expenses per capita

$
3,206
$
4,866
$
2,685

Harrisonburg

Charlottesville

Radford

$-

$1,000

$2,000

$3,000

$4,000

$5,000

$6,000

$5,000

Column D

$6,000

City
Radford
Charlottesville
Harrisonburg

Per capita debt

$
1,602
$
2,845
$
3,344

Per Capita Debt(ratio of outstanding debt by t

$4,000

$3,500

$3,000

$2,500

Debt per capita(in dollars)

$2,000

$1,500

$1,000

$500

$0

Radford

Charlottesville

anding debt by type)

Charlottesville

Harrisonburg

City
Radford
Charlottesville
Harrisonburg

Total Liabilities/
Total Assets
0.34
0.30
0.44

Total Liabilities/Total Assets(Statement of Net Position)

0.50
0.45
0.40
0.35
0.30

Ratio

0.25
0.20
0.15
0.10
0.05
0.00

Radford

Charlottesville

Harrisonb

f Net Position)

Harrisonburg

City
Radford
Charlottesville
Harrisonburg

Total Liabilities/
Total Expenses
0.57
0.69
1.42

Total Liabilities/Total E
1.60
1.40
1.20
1.00

Ratio

0.80
0.60
0.40
0.20
0.00

Radford

iabilities/Total Expenses(Statement of Net Position and Activities)

Radford

Charlottesville

Harrisonburg