Comprehensive Annual Financial Reports

Fiscal Year Ending June 30, 2017

The full document (PDF) is available for download. Browse the following links for specific sections.

Introductory Section

  • Introduction (PDF)
  • Letter of Transmittal
  • GFOA Certificate of Achievement for Excellence in Financial Reporting
  • Organization Chart
  • Listing of Principal Officials

Financial Section

Basic Financial Statements

Government-Wide Financial Statements: (PDF)

  • Statement of Net Position
  • Statement of Activities

Fund Financial Statements

  • Governmental Funds (PDF)
    • Balance Sheet
    • Reconciliation of Fund Balances of Governmental Funds to Net Position of Governmental Activities
    • State of Revenues, Expenditures, and Changes in Fund Balances
    • Reconciliation of the Statement of Revenues, Expenditures and Changes in Fund Balances of Governmental Funds to the Statement of Activities
  • Proprietary Funds (PDF)
    • Statement of Net Position
    • Statement of Revenues, Expenses and Changes in Net Position
    • Statement of Cash Flow
  • Fiduciary Funds (PDF)
    • Statement of Net Position
    • Statement of Changes in Net Position
  • Notes to Financial Statements (PDF)

Required Supplementary Information

  • Budgetary Comparison Schedule (PDF)
    • General Fund
    • Major Street Fund
  • Schedules (PDF)
    • Schedule of Employer Contributions - Municipal Employees Retirement System of Michigan
    • Schedule of Changes in Net Pension Liability and Related Ratios - Municipal Employees Retirement System of Michigan
    • Schedule of Employer's Net Pension Liability - Municipal Employees Retirement System of Michigan
    • Schedule of Changes in Net Pension Liability and Related Ratios - Police and Fire Retirement System
    • Schedule of Net Pension Liability - Police and Fire Retirement System
    • Schedule of Contributions - Police and Fire Retirement System
    • Schedule of Investment Returns - Police and Fire Retirement System
    • Schedule of Funding Progress - Other Post Employment Benefits
    • Schedule of Employer Contributions - Other Post Employment Benefits
    • Note to Required Supplementary Information

Other Supplementary Information

  • Non-major Governmental Funds (PDF)
    • Fund Descriptions
    • Combining Balance Sheet
    • Combining Statement of Revenues, Expenditures, and Changes in Fund Balance
  • Budgetary Comparison Schedule (PDF)
    • Local Street Fund
    • Center City Authority Fund
    • Stormwater Management Fund
    • Grace A. Dow Memorial Library Fund
    • Community Development Block Grant
    • Dial-A-Ride Fund
    • Downtown Development Authority Fund
    • Midland Community Television Fund
    • Special Activities Fund
    • Midland Housing Fund
    • Debt Service Fund
  • Non-major Proprietary Funds (PDF)
    • Fund Descriptions
    • Combining Statement of Net Position
    • Combining Statement of Revenues, Expenses, and Changes in Net Position
    • Combining Statement of Cash Flow
  • Fiduciary Funds (PDF)
    • Fund Descriptions
    • Pension and Other Employee Benefit Trust Funds - Statement of Plan Net Position
    • Pension and Other Employee Benefit Trust Funds - Statement of Changes in Plan Net Position
    • Agency Funds - Combining Statement of Changes in Plan Net Position
  • Internal Service Funds (PDF)
    • Fund Descriptions
    • Combining Statement of Net Position
    • Combining Statement of Revenues, Expenses, and Change in Net Position
    • Combining Statement of Cash Flow

Statistical Section (Unaudited)

  • Statistical Section (PDF)
  • Section Description
  • Financial Trends
  • Net Position by Component
  • Changes in Governmental Net Position
  • Changes in Business-type Net Position
  • Fund Balances - Governmental Funds
  • Changes in Fund Balances - Governmental Funds
  • Revenue Capacity
  • Taxable Value and Assessed Value of Taxable Property
  • Direct and Overlapping Property Tax Rates
  • Principal Property Taxpayers
  • Property Tax Levies and Collections
  • Debt Capacity
  • Ratios of Outstanding Debt
  • Ratios of General Bonded Debt Outstanding
  • Direct and Overlapping Debt
  • Legal Debt Margin
  • Pledged-Revenue Coverage
  • Demographic and Economic Information
  • Demographic and Economic Statistics
  • Principal Employers
  • Full-time Government Employees
  • Operating Information
  • Operating Indicators
  • Capital Asset Statistics