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TOWNSHIP OF GROSSE ILE Board Presentation For Fiscal Year Ended March 31, 2018

This board presentation highlights the independent auditor's report for the fiscal year ended March 31, 2018, for the Township of Grosse Ile, Michigan. It includes the financial statements, fund balances, and tax and state-shared revenue information.

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TOWNSHIP OF GROSSE ILE Board Presentation For Fiscal Year Ended March 31, 2018

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  1. TOWNSHIP OF GROSSE ILE Board Presentation For Fiscal Year Ended March 31, 2018

  2. Township of Grosse IleIndependent Auditor’s Report“In our opinion, the financial statements…present fairly, in all material respects, the financial position of the of the governmental activities, the business-type activities, the aggregate discretely presented component units, each major fund and the aggregate remaining fund information of the Township of Grosse Ile, Michigan, as of March 31, 2018 and the respective changes in the financial position of cash flows, where applicable, thereof, for the year then ended in conformity with accounting principals generally accepted in the United States of America.”

  3. Township of Grosse IleFund Balances March 31, 2017 March 31, 2018 Recreation $96,310 Historical Farm $51,104 Library $117,540 Bike Path $196,854 Drainage $1,114,572 Roads $224,474 Open Space $824,231 • Recreation $7,910 • Historical Farm $74,684 • Library $132,666 • Bike Path $130,596 • Drainage $1,112,413 • Roads $(483,423) • Open Space $846,037

  4. Township of Grosse IleFund Balances March 31, 2017 March 31, 2018 Public Safety Building $93,066 Drug Law Enforcement $669,699 Fire Operating $762,620 Fire Equipment $1,098,104 • Public Safety Building $86,508 • Drug Law Enforcement $770,344 • Fire Operating $860,371 • Fire Equipment $1,075,305

  5. Township of Grosse IleTax Revenue –General Fund • March 31, 2018 $3,493,305 • March 31, 2017 $3,423,917 • March 31, 2016 $3,338,391 • March 31, 2015 $3,268,684 • March 31, 2014 $3,221,239 • March 31, 2013 $3,239,228 • March 31, 2012 $2,744,950

  6. Township of Grosse Ile State-Shared Revenue • March 31, 2018 $891,937 • March 31, 2017 $862,132 • March 31, 2016 $818,752 • March 31, 2015 $837,579 • March 31, 2014 $803,770 • March 31, 2013 $788,221 • March 31, 2012 $759,780 • March 31, 2011 $744,910

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