Cleveland

Overview


Socioeconomic Data
Population 388,072
Employment 136,900
Unemployment Rate 4.0%  (92 of 116)
Zillow Home Value Index $51,400  (115 of 116)
Government-Wide Revenues and Expenses
General Revenues $512,083,000
Capital Grants and Contributions $93,130,000
Charges For Services $735,053,000
Operating Grants and Contributions $83,994,000
Total Revenues $1,424,260,000
Total Expenditures $1,375,004,000
Change in Net Assets $49,256,000
Actuarially Determined Pension Contributions $33,420,000
Pension Contributions Actually Made $30,471,000
Government-Wide Position
Current Assets $1,910,918,000
Total Assets $6,164,518,000
Current Liabilities $356,421,000
Long Term Debt $2,796,873,000
Total Net Position $2,477,544,000
Unrestricted Net Position $60,727,000

Revs and Exps


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Surplus / (Deficit) General Fund Other Funds Total Gov. Funds
Surplus(deficit) $  13,601,000 $  (104,899,000) $  (91,298,000)
Revenues
Total Revenues $  495,331,000 $  211,560,000 $  706,891,000
Income Taxes 311,174,000 39,350,000 350,524,000
Grants 399,000 101,858,000 102,257,000
Property taxes 32,673,000 17,024,000 49,697,000
Other shared revenues 16,564,000 32,300,000 48,864,000
Other Taxes 38,904,000 0 38,904,000
Charges for services 31,740,000 3,429,000 35,169,000
State local government funds 26,433,000 0 26,433,000
Licenses and permits 16,741,000 2,143,000 18,884,000
Fines, forfeits and settlements 15,169,000 3,695,000 18,864,000
Miscellaneous 5,036,000 8,529,000 13,565,000
Contributions 0 2,803,000 2,803,000
Investment Earnings 498,000 429,000 927,000
FUND BALANCE AT END OF YEAR $  81,209,000 $  395,149,000 $  476,358,000
Long Term Debt 3,435,467,000 0 0
Expenditures
Total Expenditures $  481,730,000 $  316,459,000 $  798,189,000
Public safety 306,492,000 4,685,000 311,177,000
Capital Outlay 3,750,000 123,251,000 127,001,000
Public works 66,301,000 24,660,000 90,961,000
General government 79,272,000 7,414,000 86,686,000
Principal Retirement 250,000 48,398,000 48,648,000
Community development 265,000 32,811,000 33,076,000
Economic Development 1,480,000 27,913,000 29,393,000
Interest 0 28,627,000 28,627,000
Public Health 6,150,000 10,312,000 16,462,000
Building and Housing 9,135,000 4,284,000 13,419,000
Debt Service_General Government 0 2,462,000 2,462,000
Other 8,635,000 1,071,000 1,071,000
Inception of capital lease 0 571,000 571,000

Metrics


General Fund Balance Ratio 16.86%  (91 of 116)
Debt to Revenue Ratio 196.37%  (32 of 116)
Pension ADC to Revenue Ratio 2.35%  (105 of 116)
Annual Change in Home Prices -1.91%  (113 of 116)
Annual Change in Unemployment Rate (3.8%)  (115 of 116)
Fiscal Health Score 49  (106 of 116)
Implied Credit Rating A