Compare the financial condition of the two cities based on the following indicators. Compare the financial condition of the two cities based on the following additional measures:

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Compare the financial condition of the two cities based on the following indicators. Compare the financial condition of the two cities based on the following additional measures:
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Lake Grove

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Lake Meade

(dollar amounts in thousands)

Population

92,000

96,000

Number of employees

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1,050

page1image18976

1,420

Total operating revenues

$120,000

$170,000

Property Tax levy

page1image24120

83,000

page1image26384

102,000

Total operating expenditures

112,000

page1image29520

174,000

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Cash, investments and receivables

27,000

15,000

Current liabilities

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9,000

page1image36592

page1image37496

12,000

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Unassigned general fund balance

7,000

1,000

General obligation debt

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21,000

page1image44040

page1image44944

32,000

page1image45872

Total appraised value of property

page1image47640

965,000

page1image49144

1,620,000

  1. Compare the financial condition of the two cities based on the following indicators:
    1. Per capita operating expenditures
    2. Per capita general obligation debt
    3. Operating surplus (deficit)
    4. Liquid assets/current liabilities
    5. Unassigned general‐fund balance/total operating revenues
    6. Per capita number of employee
  2. Compare the financial condition of the two cities based on the following additional measures:

a. Operating revenue/total appraised value of the property

  1. Property taxes/total appraised value of the property
  2. Per capita total appraised the value of the property

Problem 2: Which not-for-profit is more fiscally sound?

Visit GuideStar at www.guidestar.org. Select two organizations that have a similar mission and are of relatively similar size (e.g., Parkinson’s Disease Foundation and American Parkinson Disease Association).

Let’s assume that you are a financial analyst for a foundation, and you are concerned with the long-term fiscal viability of the two entities.

Requirements:
1. Compare the two as to:

a. The proportion of resources directed to fund-raising
b. The proportion of resources directed to program activities
c. Percentage of revenues from contributions and grants
d. Percentage of revenues from user charges and other sources e. Short-term liquidity
f. The burden of debt
g. Adequacy of fiscal resources
h. Current fiscal performance

2. Discuss your findings by commenting on which appears to be more fiscally sound.

Instructions:

 Answer all the questions completely showing your solutions in completing all the requirements as stated at the end of each problem above.

Requirements:

  •  When preparing your responses, indicate the problem that you are writing a response on.
  •  Use spreadsheets using MS Excel and create a workbook to respond to the problems. Create a separate worksheet for each problem and label each tab properly.
  •  If narratives are required to complete your answer, submit them as an MS Word documents.

superadmin (28431)
New York University
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