01 Index 03 Changes from last month

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1 HAMBURG TOWNSHIP (PER THE FBI, HAMBURG IS THE SAFEST CITY/TOWNSHIP IN MICHIGAN FOR 2012, 2013 and 2014 WITH A POPULATION OF 20,000 OR GREATER. YOUR TAX DOLLARS AT WORK) FINANCE CONTROL BOOK PERIOD ENDING APRIL 30, 2015

2 HAMBURG TOWNSHIP (PER THE FBI, HAMBURG IS THE SAFEST CITY/TOWNSHIP IN MICHIGAN FOR 2012, 2013 and 2014 WITH A POPULATION OF 20,000 OR GREATER. YOUR TAX DOLLARS AT WORK) FINANCE CONTROL BOOK PERIOD ENDING APRIL 30, 2015

3 INDEX Page Title 01 Index 03 Changes from last month 04 Tab 1 Budget and Cash Summary April Summary Page 06 Budget v. Expense 37 Cash Summary 47 Tab 2 Cash Flow Analysis for budget year 2014/15 plus Debt Payment Schedule for budget years 2014/15 & 15/16 48 Summary Page 49 Cash Flow Report 50 Debt Payment Schedule for 2014/2015 Report 52 Debt Payment Schedule for 2015/2016 Report 54 Tab 3 Finance Major Issues 55 Summary Page 56 Tab 4 Property Tax Issues 57 Summary Page 58 8 Year Tax Comparison Data 59 8 Year Tax Comparison Chart Sumer and Winter Tax Roll 67 Special Assessments on Tax Roll 70 Bond funded Special Assessments payment details /15 Millage Rate table 74 Tab 5 Monthly Banks/Investment Report 75 Summary Page 76 Bank Account Summary Report for April 2015 MBIA Flagstar Chase 1

4 INDEX Page Title Huntington First National First Merit Morgan Stanley Level One Comerica 86 Tab 6 Investments Policy 87 Summary Page 88 Investments Policy 93 Approved Financial Institutions 94 Tab 7 Five-year Forecast for General Fund, Police Fund, Fire Fund and Recreation / Senior Center Fund & Capital Reserves 95 Summary Page 96 Five Year Forecast Data 105 Capital Reserves Schedule for the above Departments 111 Tab 8 Fund Equity Reports, Tax Distribution Charts and Procedure for viewing the Township Dashboard and Citizen Guide thru 2013 Fund Equity Report (Source Munetrix Municipal Metrix System), 116 Several Tax Distribution Charts 121 Dashboard/Citizens Guide Procedures 2

5 CONTROL BOOK CHANGES FROM LAST MONTHS BOOK TAB 1 Budget and Cash Summary Reports Summary Page Revenue and Expenditures Report Cash Summary by Account Updated Updated Updated TAB 2 Cash Flow Analysis & Debt Payment Schedule Summary Page Updated Consolidated Cash Flow (Pooled Cash) Updated 06/09/2015 Page 3 of 132

6 TAB 1 BUDGET V. ACTUAL AND CASH SUMMARY 06/09/2015 Page 4 of 132

7 10405 Merrill Road P.O. Box 157 Hamburg, MI Phone: Fax: BUDGET AND FINANCIAL STATUS SUMMARY: Fiscal Year 2014/15: The Budget v. Actual report reflects transactions through April 30, 2015 and includes General, Fire, Police, Parks and Sewer Funds. All departments and funds are at or under budget as of April 30, 2015, taking into account the timing issues related to the Township s revenues and expenditures. Timing of Revenues: Township tax collections for general fund, police fund and fire fund start on December 1, 2014 and run through February 28, Revenues are posted to the general ledger in December when they are billed. State shared revenue payments are bi-monthly and start on October 31, The last revenue sharing payment for FY 14/15 will be paid on August 31, /09/2015 Page 5 of 132

8 05/21/2015 REVENUE AND EXPENDITURE REPORT FOR HAMBURG TWP PERIOD ENDING 04/30/2015 % Fiscal Year Completed: ADJUSTING ENTRIES INCOMPLETE ACTIVITY FOR ORIGINAL AMENDED YTD BALANCE MONTH ENCUMBERED UNENCUMBERED % BDGT ACCOUNT DESCRIPTION BUDGET BUDGET 04/30/ /30/2015 YEAR-TO-DATE BALANCE USED Fund General Fund Revenues Dept CURRENT PROPERTY TAX 771, , , (5,125.22) DELINQUENT PP TAX , (1,424.28) SET COLLECTION FEE 26, , , (2,969.50) CHARGE BACKS/MTT/BOARD OF REVIEW (3,317.60) (77.32) , TRAILER PARK TAX FEES 1, , , PROPERTY TAX ADMIN FEE 262, , , (3,265.09) FERTILIZER LICENSES FRANCHISE FEE - CABLE 340, , , , SPECIAL USE PERMITS , (1,500.00) LAND USE PERMITS 12, , , , (6,730.00) DOG LICENSES 1, , FEDERAL GRANT REVENUE FEMA ASSISTANCE STATE GRANTS STATE GRANTS - OTHER STATE SHARED REVENUES 1,605, ,613, ,133, , , STATE ROW MAINTENANCE FEE-CABLE 13, , , FROM SEWER ENTERPRISE 115, , , , , FOIA REQUESTS NON-TAX ADMIN FEE 2, , , (450.00) ZONING BOARD OF APPEALS APPLIC 2, , , , (7,975.00) SPECIAL MEETING FEES - VARIED SITE PLAN FEES , , (9,500.00) 2, PRIVATE ROAD FEES LAND DIVISION/COMBINATION FEES (250.00) FLOOD PLAIN DETERMINATIONS REZONING FEES ADDRESS SIGN FEE , (900.00) 1, REINSP/INSPECTION/EASEMENT/LGL ZONING ADMIN FEE /09/ of 31 Page 6 of 132

9 05/21/2015 REVENUE AND EXPENDITURE REPORT FOR HAMBURG TWP PERIOD ENDING 04/30/2015 % Fiscal Year Completed: ADJUSTING ENTRIES INCOMPLETE ACTIVITY FOR ORIGINAL AMENDED YTD BALANCE MONTH ENCUMBERED UNENCUMBERED % BDGT ACCOUNT DESCRIPTION BUDGET BUDGET 04/30/ /30/2015 YEAR-TO-DATE BALANCE USED SCHOOL ELECTION CHARGES 1, , , COPIES/MAPS SALE OF CEMETERY LOTS 1, , , , (1,500.00) PERPETUAL CARE REV FROM COUNTY MAUS SALES REVENUE , (7,455.34) PASSPORT FEES 2, ORDINANCE FINES RETURNED CHECK FEE (125.00) INTEREST REVENUE , (429.76) INTEREST REVENUE MAUS INSTALL AGR (781.20) RENTAL INCOME 22, , , , (3,762.65) OTHER REVENUE - CONTRACT SERVICE 18, , , , , SAD REVENUE SHANGRILA SALE OF FIXED ASSETS CONTRIBUTIONS/DONATIONS/GRANTS REIMBURSEMENTS & COST RECOVERY (25.00) ZONING TRAINING REVENUE , , (225.00) SUNDRY (12.58) BOND/LOAN PROCEEDS TRANSFER IN CAPITAL RESERVE TRANSFER IN OTHER TRANS IN FROM FUND TRANSFER IN 206-OPERATIONS TRANSFER IN 207-OPERATIONS 5, , , (1,166.99) TRANSFER IN RECREATION FUND 1, , , TRANSFER IN CAPITAL PROJECT TRANSFER FROM APPLETREE TRANSFER IN FROM SEWER TRANS FROM CEMETERY (MAUSOLEUM APPROPRIATION FROM SURPLUS 31, , (1,885.86) 219, (0.87) Total Dept ,240, ,433, ,587, , (1,885.86) 848, TOTAL Revenues 3,240, ,433, ,587, , (1,885.86) 848, /09/ of 31 Page 7 of 132

10 05/21/2015 REVENUE AND EXPENDITURE REPORT FOR HAMBURG TWP PERIOD ENDING 04/30/2015 % Fiscal Year Completed: ADJUSTING ENTRIES INCOMPLETE ACTIVITY FOR ORIGINAL AMENDED YTD BALANCE MONTH ENCUMBERED UNENCUMBERED % BDGT ACCOUNT DESCRIPTION BUDGET BUDGET 04/30/ /30/2015 YEAR-TO-DATE BALANCE USED Expenditures Dept Township Board PER DIEM 6, , , , ELECTED OFFICIALS SALARIES 24, , , , , PART-TIME EMPLOYEE SALARIES 3, , , TOWNSHIP FICA 2, , , RETIREMENT 3, , , SUPPLIES & SMALL EQUIPMENT ECONOMIC DEVELOPMENT CONSULTAN 18, , , ENG/CONSULTANT/PROFESS FEES LEGAL FEES 42, , , , MILEAGE WORKSHOPS/SEMINARS 1, , LEGAL NOTICES/ADVERTISING 3, , , , DUES/SUBSCRIP/RECERTIFICATION 11, , , , SUNDRY CAPITAL EQUIPMENT/CAPITAL IMP , , Total Dept Township Board 116, , , , , Dept Township Supervisor ELECTED OFFICIALS SALARIES 59, , , , , TOWNSHIP FICA 4, , , LONG/SHORT TERM DISABILITY RETIREMENT 5, , , , LIFE INSURANCE HEALTH/DENTAL/VISION INSURANCE 20, , , , , SUPPLIES & SMALL EQUIPMENT PHONE/COMM/INTERNET MILEAGE WORKSHOPS/SEMINARS LEGAL NOTICES/ADVERTISING EQUIPMENT MAINT/REPAIR SUNDRY /09/ of 31 Page 8 of 132

11 05/21/2015 REVENUE AND EXPENDITURE REPORT FOR HAMBURG TWP PERIOD ENDING 04/30/2015 % Fiscal Year Completed: ADJUSTING ENTRIES INCOMPLETE ACTIVITY FOR ORIGINAL AMENDED YTD BALANCE MONTH ENCUMBERED UNENCUMBERED % BDGT ACCOUNT DESCRIPTION BUDGET BUDGET 04/30/ /30/2015 YEAR-TO-DATE BALANCE USED CAPITAL EQUIPMENT/CAPITAL IMP Total Dept Township Supervisor 93, , , , , Dept Elections FULL-TIME EMPLOYEE SALARIES 25, , , , , ONE-TIME PAY PART-TIME EMPLOYEE SALARIES TEMPORARY EMPLOYEES 41, , , OVERTIME 1, , , TOWNSHIP FICA 3, , , , LONG/SHORT TERM DISABILITY RETIREMENT 2, , , LIFE INSURANCE HEALTH/DENTAL/VISION INSURANCE 12, , , , SUPPLIES & SMALL EQUIPMENT 6, , , , VEHICLE FUEL MILEAGE LEGAL NOTICES/ADVERTISING EQUIPMENT MAINT/REPAIR 1, , , , (1,029.15) SUNDRY 6, , , CAPITAL EQUIPMENT/CAPITAL IMP RESERVE FOR EQUIPMENT PURCHASE 4, , , Total Dept Elections 104, , , , , Dept ACCOUNTING FULL-TIME EMPLOYEE SALARIES 162, , , , , ONE-TIME PAY TEMPORARY EMPLOYEES , , OVERTIME PAY IN LIEU OF MEDICAL INS 6, , , , TOWNSHIP FICA 12, , , , , LONG/SHORT TERM DISABILITY 2, , , RETIREMENT 16, , , , , LIFE INSURANCE /09/ of 31 Page 9 of 132

12 05/21/2015 REVENUE AND EXPENDITURE REPORT FOR HAMBURG TWP PERIOD ENDING 04/30/2015 % Fiscal Year Completed: ADJUSTING ENTRIES INCOMPLETE ACTIVITY FOR ORIGINAL AMENDED YTD BALANCE MONTH ENCUMBERED UNENCUMBERED % BDGT ACCOUNT DESCRIPTION BUDGET BUDGET 04/30/ /30/2015 YEAR-TO-DATE BALANCE USED TUITION REIMBURSEMENT 6, , , , HEALTH/DENTAL/VISION INSURANCE 20, , , , , SUPPLIES & SMALL EQUIPMENT 2, , , SOFTWARE MAINTENANCE 7, , , , MILEAGE WORKSHOPS/SEMINARS 2, , , (301.27) DUES/SUBSCRIP/RECERTIFICATION 1, , SUNDRY CAPITAL EQUIPMENT/CAPITAL IMP 10, , , , , RESERVE FOR SOFTWARE REPLACEMEN 10, , , Total Dept ACCOUNTING 261, , , , , , Dept Assessing FULL-TIME EMPLOYEE SALARIES 226, , , , , ONE-TIME PAY PART-TIME EMPLOYEE SALARIES 38, TEMPORARY EMPLOYEES , , , OVERTIME 2, , , PAY IN LIEU OF MEDICAL INS 3, , , TOWNSHIP FICA 20, , , , , LONG/SHORT TERM DISABILITY 3, , , RETIREMENT 22, , , , , LIFE INSURANCE 1, , TUITION REIMBURSEMENT HEALTH/DENTAL/VISION INSURANCE 51, , , , , SUPPLIES & SMALL EQUIPMENT 1, , SOFTWARE MAINTENANCE 3, , , VEHICLE FUEL ASSESSMENT ROLL PREP 6, , , (125.30) PHONE/COMM/INTERNET MILEAGE WORKSHOPS/SEMINARS 2, , , LEGAL NOTICES/ADVERTISING EQUIPMENT MAINT/REPAIR /09/ of 31 Page 10 of 132

13 05/21/2015 REVENUE AND EXPENDITURE REPORT FOR HAMBURG TWP PERIOD ENDING 04/30/2015 % Fiscal Year Completed: ADJUSTING ENTRIES INCOMPLETE ACTIVITY FOR ORIGINAL AMENDED YTD BALANCE MONTH ENCUMBERED UNENCUMBERED % BDGT ACCOUNT DESCRIPTION BUDGET BUDGET 04/30/ /30/2015 YEAR-TO-DATE BALANCE USED VEHICLE MAINTENANCE 1, , , (1,517.41) DUES/SUBSCRIP/RECERTIFICATION 1, , , SUNDRY RECORD RETENTION PROJECT CAPITAL EQUIPMENT/CAPITAL IMP RESERVE FOR EQUIPMENT PURCHASE 6, , , CAPITAL EXPENSE - VEHICLE RESERVE FOR VEHICLE PURCHASE 2, , , Total Dept Assessing 395, , , , , Dept CLERK'S OFFICE ELECTED OFFICIALS SALARIES 59, , , , , FULL-TIME EMPLOYEE SALARIES 67, , , , , ONE-TIME PAY LEAVE TIME PAYOUT TEMPORARY EMPLOYEES OVERTIME PAY IN LIEU OF MEDICAL INS 6, , , , TOWNSHIP FICA 10, , , , LONG/SHORT TERM DISABILITY 1, , , RETIREMENT 7, , , LIFE INSURANCE TUITION REIMBURSEMENT 6, , , , HEALTH/DENTAL/VISION INSURANCE 8, , , , (2,706.51) SUPPLIES & SMALL EQUIPMENT 3, , , PHONE/COMM/INTERNET MILEAGE WORKSHOPS/SEMINARS 1, , , EQUIPMENT MAINT/REPAIR DUES/SUBSCRIP/RECERTIFICATION SUNDRY CAPITAL EQUIPMENT/CAPITAL IMP Total Dept CLERK'S OFFICE 175, , , , , /09/ of 31 Page 11 of 132

14 05/21/2015 REVENUE AND EXPENDITURE REPORT FOR HAMBURG TWP PERIOD ENDING 04/30/2015 % Fiscal Year Completed: ADJUSTING ENTRIES INCOMPLETE ACTIVITY FOR ORIGINAL AMENDED YTD BALANCE MONTH ENCUMBERED UNENCUMBERED % BDGT ACCOUNT DESCRIPTION BUDGET BUDGET 04/30/ /30/2015 YEAR-TO-DATE BALANCE USED Dept TECHNICAL/UTILITIES SERVICES FULL-TIME EMPLOYEE SALARIES 127, , , , , ONE-TIME PAY LEAVE TIME PAYOUT , , TEMPORARY EMPLOYEES , , , OVERTIME TOWNSHIP FICA 9, , , , LONG/SHORT TERM DISABILITY 1, , , RETIREMENT 12, , , , LIFE INSURANCE HEALTH/DENTAL/VISION INSURANCE 37, , , , , SUPPLIES & SMALL EQUIPMENT 1, , , SOFTWARE MAINTENANCE 1, , MILEAGE WORKSHOPS/SEMINARS DUES/SUBSCRIP/RECERTIFICATION SUNDRY CONTRACTED SUPPORT 6, , , CAPITAL EQUIPMENT/CAPITAL IMP RESERVE FOR EQUIPMENT PURCHASE 2, , , Total Dept TECHNICAL/UTILITIES SERVICES 203, , , , , Dept Board of Review PER DIEM 1, , , (50.00) TOWNSHIP FICA (3.92) LEGAL NOTICES/ADVERTISING (160.00) SUNDRY Total Dept Board of Review 2, , , (13.92) Dept Treasurer PER DIEM ELECTED OFFICIALS SALARIES 29, , , , , FULL-TIME EMPLOYEE SALARIES 52, , , , , ONE-TIME PAY /09/ of 31 Page 12 of 132

15 05/21/2015 REVENUE AND EXPENDITURE REPORT FOR HAMBURG TWP PERIOD ENDING 04/30/2015 % Fiscal Year Completed: ADJUSTING ENTRIES INCOMPLETE ACTIVITY FOR ORIGINAL AMENDED YTD BALANCE MONTH ENCUMBERED UNENCUMBERED % BDGT ACCOUNT DESCRIPTION BUDGET BUDGET 04/30/ /30/2015 YEAR-TO-DATE BALANCE USED PART-TIME EMPLOYEE SALARIES 44, , , , , OVERTIME PAY IN LIEU OF MEDICAL INS 3, , , TOWNSHIP FICA 9, , , , LONG/SHORT TERM DISABILITY RETIREMENT 8, , , , LIFE INSURANCE TUITION REIMBURSEMENT HEALTH/DENTAL/VISION INSURANCE 20, , , , , SUPPLIES & SMALL EQUIPMENT 2, , , SOFTWARE MAINTENANCE 4, , , POSTAGE 8, , , , TAX ROLL PREP/TAX BILL PREP 7, , , , LEGAL FEES PHONE/COMM/INTERNET MILEAGE COURIER SERVICE WORKSHOPS/SEMINARS 2, , , EQUIPMENT MAINT/REPAIR DUES/SUBSCRIP/RECERTIFICATION SUNDRY CAPITAL EQUIPMENT/CAPITAL IMP RESERVE FOR EQUIPMENT PURCHASE 1, , , (769.94) Total Dept Treasurer 196, , , , , , Dept COMPUTER/CABLE PART-TIME EMPLOYEE SALARIES 1, , , TOWNSHIP FICA SUPPLIES & SMALL EQUIPMENT 5, , , , SOFTWARE MAINTENANCE 11, , , , ENG/CONSULTANT/PROFESS FEES 1, , , PHONE/COMM/INTERNET 1, , , WORKSHOPS/SEMINARS EQUIPMENT MAINT/REPAIR /09/ of 31 Page 13 of 132

16 05/21/2015 REVENUE AND EXPENDITURE REPORT FOR HAMBURG TWP PERIOD ENDING 04/30/2015 % Fiscal Year Completed: ADJUSTING ENTRIES INCOMPLETE ACTIVITY FOR ORIGINAL AMENDED YTD BALANCE MONTH ENCUMBERED UNENCUMBERED % BDGT ACCOUNT DESCRIPTION BUDGET BUDGET 04/30/ /30/2015 YEAR-TO-DATE BALANCE USED SUNDRY (82.67) TRAINING 1, , , CAPITAL EQUIPMENT/CAPITAL IMP 25, , , (651.38) 2, , RESERVE FOR CABLE TV EQUIP PURCHAS 5, , , Total Dept COMPUTER/CABLE 52, , , , , Dept Township Buildings FULL-TIME EMPLOYEE SALARIES 41, , , , , ONE-TIME PAY LEAVE TIME PAYOUT (0.60) PART-TIME EMPLOYEE SALARIES 89, , , , , OVERTIME 3, , , , TOWNSHIP FICA 10, , , , LONG/SHORT TERM DISABILITY RETIREMENT 4, , , LIFE INSURANCE HEALTH/DENTAL/VISION INSURANCE 6, , , , SUPPLIES & SMALL EQUIPMENT 4, , , , VEHICLE FUEL 4, , , , UNIFORMS/ACCESSORIES 1, , , (194.83) CONTRACTUAL SERVICES TRASH DISPOSAL PERMIT FEES PHONE/COMM/INTERNET MILEAGE WORKSHOPS/SEMINARS ELECTRIC 20, , , , , SEWER USAGE 4, , , , NATURAL GAS/HEAT 5, , , DIESEL FUEL 1, , , MAINTENANCE LIGHTING 1, , , MAINTENANCE TWP HALL 16, , , , MAINTENANCE POLICE BUILDING MAINTENANCE DPW GARAGE/OLD PACK 1, , , /09/ of 31 Page 14 of 132

17 05/21/2015 REVENUE AND EXPENDITURE REPORT FOR HAMBURG TWP PERIOD ENDING 04/30/2015 % Fiscal Year Completed: ADJUSTING ENTRIES INCOMPLETE ACTIVITY FOR ORIGINAL AMENDED YTD BALANCE MONTH ENCUMBERED UNENCUMBERED % BDGT ACCOUNT DESCRIPTION BUDGET BUDGET 04/30/ /30/2015 YEAR-TO-DATE BALANCE USED MAINTENANCE PARK BUILDINGS MAINTENANCE LIBRARY 1, , , (298.33) MAINTENANCE OLD LIBRARY RESERVE FOR TWP BLDGS 20, , , MAINTENANCE - FERTILIZER 1, , EQUIPMENT MAINT/REPAIR 3, , , (992.72) VEHICLE MAINTENANCE 4, , , , SUNDRY CAPITAL EQUIPMENT/CAPITAL IMP 5, , , (130.00) RESERVE FOR EQUIPMENT PURCHASE 10, , , CAPITAL EXPENSE - VEHICLE RESERVE FOR VEHICLE PURCHASE 5, , , Transfer Out - Enterprise Fund (522.64) TRANSFER OUT FIRE DEPT TRANSFER OUT PARKS 52, , , , , Total Dept Township Buildings 322, , , , , , Dept CEMETERY PER DIEM ONE-TIME PAY PART-TIME EMPLOYEE SALARIES 26, , , , , OVERTIME TOWNSHIP FICA 2, , , SUPPLIES & SMALL EQUIPMENT SOFTWARE MAINTENANCE VEHICLE FUEL MILEAGE EQUIPMENT MAINT/REPAIR VEHICLE MAINTENANCE MAUS COMMISSION EXP (864.00) MAUSOLEUM MARKETING EXPENSE 2, , , SUNDRY 1, , , (886.00) NORTH HAMBURG CEMETERY DEVELOP CAPITAL EQUIPMENT/CAPITAL IMP /09/ of 31 Page 15 of 132

18 05/21/2015 REVENUE AND EXPENDITURE REPORT FOR HAMBURG TWP PERIOD ENDING 04/30/2015 % Fiscal Year Completed: ADJUSTING ENTRIES INCOMPLETE ACTIVITY FOR ORIGINAL AMENDED YTD BALANCE MONTH ENCUMBERED UNENCUMBERED % BDGT ACCOUNT DESCRIPTION BUDGET BUDGET 04/30/ /30/2015 YEAR-TO-DATE BALANCE USED DEBT SERVICE - PRINCIPAL 15, , , INTEREST EXPENSE 6, , , Total Dept CEMETERY 55, , , , , Dept Other Expenses PORTAGE/BASE LAKES GROSS WAGES 1, , TOWNSHIP FICA (98.99) WORKERS' COMPENSATION 11, , , HEALTH CARE REIMBURSEMENT 25, , , , (2,156.12) UNEMPLOYMENT COMPENSATION LIABILITY/CASUALTY INSURANCE 32, , , SUPPLIES & SMALL EQUIPMENT 12, , , , POSTAGE 25, , , , , BANK FEES ADDRESS SIGNS (75.00) FLOOD RESPONSE EQUIPMENT FOIA EXPENSES MISC MEDICAL EXPENSES AUDIT 43, , , , ENG/CONSULTANT/PROFESS FEES 3, PHONE/COMM/INTERNET 4, , , , BAD DEBT EXPENSE EQUIPMENT MAINT/REPAIR 3, , , PAYROLL PROCESSING 8, , , , DUES/SUBSCRIP/RECERTIFICATION SUNDRY 3, , , (114.47) SPECIAL PROJECTS 50, , , , RECORD RETENTION PROJECT , , (134.00) CAPITAL EQUIPMENT/CAPITAL IMP 7, , , , LCWA WELL IMPROVEMENTS TRANSFER OUT CAPITAL EXPENSE , , TRANSFER OUT RECREATION FUND TRANSFER OUT CAPITAL PROJECTS TRANSFER OUT WATER FUND 113, , , , /09/ of 31 Page 16 of 132

19 05/21/2015 REVENUE AND EXPENDITURE REPORT FOR HAMBURG TWP PERIOD ENDING 04/30/2015 % Fiscal Year Completed: ADJUSTING ENTRIES INCOMPLETE ACTIVITY FOR ORIGINAL AMENDED YTD BALANCE MONTH ENCUMBERED UNENCUMBERED % BDGT ACCOUNT DESCRIPTION BUDGET BUDGET 04/30/ /30/2015 YEAR-TO-DATE BALANCE USED TRANSFER OUT FIRE DEPT 112, , , , , TRANSFER OUT FIRE BOND TRANSFER OUT TO SCOTT DRIVE SAD TRANSFER OUT TO EDGELAKE/BURTON TRANSFER OUT TO WINANS ROAD SAD Total Dept Other Expenses 455, , , , , Dept Public Safety (Police & Fire) PER DIEM 1, , PART-TIME EMPLOYEE SALARIES TOWNSHIP FICA TRANSFER OUT POLICE CAPITAL PROJEC TRANSFER OUT POLICE OPERATION TRANSFER OUT CAPITAL EXPENSE TRANSFER OUT CAPITAL EXPENDITURE TRANSFER OUT OTHER TRANSFER OUT POLICE OPERATIONS 615, , , , , Total Dept Public Safety (Police & Fire) 616, , , , , Dept Planning Commission PER DIEM 4, , , PART-TIME EMPLOYEE SALARIES 1, , TOWNSHIP FICA SUPPLIES & SMALL EQUIPMENT ENG/CONSULTANT/PROFESS FEES 11, , , , LEGAL FEES 1, , , WORKSHOPS/SEMINARS 1, , , LEGAL NOTICES/ADVERTISING (50.00) DUES/SUBSCRIP/RECERTIFICATION SUNDRY SPECIAL PROJECTS Total Dept Planning Commission 20, , , , Dept Zoning 06/09/ of 31 Page 17 of 132

20 05/21/2015 REVENUE AND EXPENDITURE REPORT FOR HAMBURG TWP PERIOD ENDING 04/30/2015 % Fiscal Year Completed: ADJUSTING ENTRIES INCOMPLETE ACTIVITY FOR ORIGINAL AMENDED YTD BALANCE MONTH ENCUMBERED UNENCUMBERED % BDGT ACCOUNT DESCRIPTION BUDGET BUDGET 04/30/ /30/2015 YEAR-TO-DATE BALANCE USED FULL-TIME EMPLOYEE SALARIES 71, , , , , ONE-TIME PAY PART-TIME EMPLOYEE SALARIES 11, , , , TEMPORARY EMPLOYEES , , OVERTIME , , PAY IN LIEU OF MEDICAL INS TOWNSHIP FICA 6, , , , LONG/SHORT TERM DISABILITY 1, , RETIREMENT 7, , , , LIFE INSURANCE HEALTH/DENTAL/VISION INSURANCE 12, , , , SUPPLIES & SMALL EQUIPMENT 2, , (9.32) 1, STORM WATER DISCHARGE VEHICLE FUEL 1, , ENG/CONSULTANT/PROFESS FEES PHONE/COMM/INTERNET MILEAGE WORKSHOPS/SEMINARS 1, , , CODIFICATION VEHICLE MAINTENANCE 1, , DUES/SUBSCRIP/RECERTIFICATION 1, , SUNDRY (144.00) CAPITAL EQUIPMENT/CAPITAL IMP 15, , , , RESERVE FOR VEHICLE PURCHASE Total Dept Zoning 135, , , , , , Dept Zoning Board of Appeals PER DIEM 3, , , PART-TIME EMPLOYEE SALARIES 1, , TOWNSHIP FICA LEGAL FEES WORKSHOPS/SEMINARS (60.00) LEGAL NOTICES/ADVERTISING 1, , , (490.00) SUNDRY /09/ of 31 Page 18 of 132

21 05/21/2015 REVENUE AND EXPENDITURE REPORT FOR HAMBURG TWP PERIOD ENDING 04/30/2015 % Fiscal Year Completed: ADJUSTING ENTRIES INCOMPLETE ACTIVITY FOR ORIGINAL AMENDED YTD BALANCE MONTH ENCUMBERED UNENCUMBERED % BDGT ACCOUNT DESCRIPTION BUDGET BUDGET 04/30/ /30/2015 YEAR-TO-DATE BALANCE USED TRAINING Total Dept Zoning Board of Appeals 6, , , , Dept Environmental Rev Board (HERB) PER DIEM TOWNSHIP FICA SUNDRY SPECIAL PROJECTS Total Dept Environmental Rev Board (HERB 1, , , Dept LAKES, RIVERS & STREAMS DUES/SUBSCRIP/RECERTIFICATION 2, , , SPECIAL PROJECTS 5, , , , , (4,712.41) RESERVE FOR RIVER WEED HARVESTING 2, , , Total Dept LAKES, RIVERS & STREAMS 9, , , , , (4,628.91) Dept Street Lighting STREET LIGHTING 15, , , , , Total Dept Street Lighting 15, , , , , TOTAL Expenditures 3,240, ,433, ,605, , , , Fund General Fund: TOTAL REVENUES 3,240, ,433, ,587, , (1,885.86) 848, TOTAL EXPENDITURES 3,240, ,433, ,605, , , , NET OF REVENUES & EXPENDITURES (18,552.09) 69, (39,899.59) 58, , /09/ of 31 Page 19 of 132

22 05/21/2015 REVENUE AND EXPENDITURE REPORT FOR HAMBURG TWP PERIOD ENDING 04/30/2015 % Fiscal Year Completed: ADJUSTING ENTRIES INCOMPLETE ACTIVITY FOR ORIGINAL AMENDED YTD BALANCE MONTH ENCUMBERED UNENCUMBERED % BDGT ACCOUNT DESCRIPTION BUDGET BUDGET 04/30/ /30/2015 YEAR-TO-DATE BALANCE USED Fund Fire Fund Revenues Dept CURRENT PROPERTY TAX 914, , , (6,044.93) DELINQUENT PP TAX (827.81) CHARGE BACKS/MTT/BOARD OF REVIEW (1,410.98) (11.85) , FEDERAL GRANT REVENUE STATE GRANTS INTEREST REVENUE SALE OF FIXED ASSETS , (4,136.95) CONTRIBUTIONS/DONATIONS/GRANTS REIMBURSEMENTS & COST RECOVERY , (3,904.44) FIRE TRAINING REVENUE , (8,295.00) SUNDRY (330.50) TRANSFER IN 101-OPERATIONS 112, , , , , TRANSFER IN RECREATION FUND TRANSFER IN FROM SEWER APPROPRIATION FROM SURPLUS , (505.30) 136, (0.37) Total Dept ,026, ,198, ,029, , (505.30) 168, TOTAL Revenues 1,026, ,198, ,029, , (505.30) 168, Expenditures Dept FULL-TIME EMPLOYEE SALARIES 235, , , , , ONE-TIME PAY LEAVE TIME PAYOUT PAID ON CALL FIRE 250, , , , , OVERTIME 4, , , PAY IN LIEU OF MEDICAL INS 3, , , TOWNSHIP FICA 37, , , , , /09/ of 31 Page 20 of 132

23 05/21/2015 REVENUE AND EXPENDITURE REPORT FOR HAMBURG TWP PERIOD ENDING 04/30/2015 % Fiscal Year Completed: ADJUSTING ENTRIES INCOMPLETE ACTIVITY FOR ORIGINAL AMENDED YTD BALANCE MONTH ENCUMBERED UNENCUMBERED % BDGT ACCOUNT DESCRIPTION BUDGET BUDGET 04/30/ /30/2015 YEAR-TO-DATE BALANCE USED WORKERS' COMPENSATION 17, , , LONG/SHORT TERM DISABILITY 7, , , RETIREMENT 23, , , , , LIFE INSURANCE TUITION REIMBURSEMENT 1, , , HEALTH/DENTAL/VISION INSURANCE 42, , , , , LIABILITY/CASUALTY INSURANCE 55, , , SUPPLIES & SMALL EQUIPMENT 8, , , , , MEDICAL AND SCENE SUPPLIES 4, , , (1,367.49) FIRE FIGHTERS INCENTIVIZATION 2, , , VEHICLE FUEL 30, , , , , , UNIFORMS/ACCESSORIES 12, , , , TURN OUT GEAR 18, , , , CONTRACTUAL SERVICES 3, , , EMPLOYEE PHYSICALS/VACCINATION 2, , , (442.00) TRASH DISPOSAL 1, , , LEGAL FEES 4, , , PHONE/COMM/INTERNET 8, , , , HAZMAT YEARLY DUES 4, , , WATER USAGE 1, , , (146.48) LEGAL NOTICES/ADVERTISING BAD DEBT EXPENSE ELECTRIC 45, , , , , SIREN ELECTRIC USAGE 3, , , SEWER USAGE 1, , , DIESEL FUEL MAINTENANCE FIRE HALL 18, , , , RESERVE FOR BLDG MAINTENANCE EQUIPMENT MAINT/REPAIR 15, , , , , VEHICLE MAINTENANCE 25, , , , , TRANSFER OUT DUES/SUBSCRIP/RECERTIFICATION 2, , , (114.48) VENDING PRODUCT EXPENSE SUNDRY 2, , , (5.30) /09/ of 31 Page 21 of 132

24 05/21/2015 REVENUE AND EXPENDITURE REPORT FOR HAMBURG TWP PERIOD ENDING 04/30/2015 % Fiscal Year Completed: ADJUSTING ENTRIES INCOMPLETE ACTIVITY FOR ORIGINAL AMENDED YTD BALANCE MONTH ENCUMBERED UNENCUMBERED % BDGT ACCOUNT DESCRIPTION BUDGET BUDGET 04/30/ /30/2015 YEAR-TO-DATE BALANCE USED TRAINING 20, , , , , (1,841.79) EDUCATIONAL FIRE PREVENTION 4, , , , TURN OUT GEAR - CAPITAL OUTLAY RESERVE FOR FUTURE SCBA 14, , , SPECIAL PROJECTS 10, , , , , FEDERAL GRANT EXPENDITURES CAPITAL EQUIPMENT/CAPITAL IMP , , , CAPITAL EQUIPMENT - EMERGENCY SIRE 45, , , , RESERVE FOR EQUIPMENT PURCHASE 39, , , CAPITAL EXPENSE - VEHICLE RESERVE FOR VEHICLE PURCHASE TRANSFER OUT G/F B&G SERVICES 2, , , TRANSFER OUT GENERAL FUND Total Dept ,026, ,198, , , , , TOTAL Expenditures 1,026, ,198, , , , , Fund Fire Fund: TOTAL REVENUES 1,026, ,198, ,029, , (505.30) 168, TOTAL EXPENDITURES 1,026, ,198, , , , , NET OF REVENUES & EXPENDITURES , (52,450.75) (135,277.64) (96,395.06) /09/ of 31 Page 22 of 132

25 05/21/2015 REVENUE AND EXPENDITURE REPORT FOR HAMBURG TWP PERIOD ENDING 04/30/2015 % Fiscal Year Completed: ADJUSTING ENTRIES INCOMPLETE ACTIVITY FOR ORIGINAL AMENDED YTD BALANCE MONTH ENCUMBERED UNENCUMBERED % BDGT ACCOUNT DESCRIPTION BUDGET BUDGET 04/30/ /30/2015 YEAR-TO-DATE BALANCE USED Fund Police Fund Revenues Dept CURRENT PROPERTY TAX 1,373, ,373, ,380, (6,555.85) DELINQUENT PP TAX , (1,153.19) CHARGE BACKS/MTT/BOARD OF REVIEW (1,252.09) (10.51) , LIQUOR LICENSE FEES 7, , , (1,012.95) SOLICITATION FEES FEDERAL GRANT REVENUE BREATHALIZER TEST REQUIRED 1, , SEX OFFENDER REGISTRATION FEE SALVAGE VEHICLE INSPECTION 24, , , , (3,000.00) BOND ADMINISTRATION FEE WITNESS FEES/DEPOSITIONS GUN PERM/FINGERPRINTS/VIN INSP , (1,084.50) COPIES/MAPS 1, , ORDINANCE FINES 15, , , , (5,105.79) INTEREST REVENUE SALE OF FIXED ASSETS CONTRIBUTIONS/DONATIONS/GRANTS REIMBURSEMENTS & COST RECOVERY , (3,992.98) OVERTIME REIMB - FEDERAL 5, , , OVERTIME REIMB - FED DRUNK DRIVING , (3,422.20) OVERTIME REIMB - OTHER , (1,324.69) PA302 TRAINING REIMB 2, , , SUNDRY (931.40) TRANSFER IN OTHER TRANSFER IN 101-OPERATIONS 615, , , , , TRANSFER IN 265-OPERATION 100, , , APPROPRIATION FROM BLDG RESERVE CAPITAL EXPENSE - VEHICLE APPROPRIATION FROM SURPLUS , , /09/ of 31 Page 23 of 132

26 05/21/2015 REVENUE AND EXPENDITURE REPORT FOR HAMBURG TWP PERIOD ENDING 04/30/2015 % Fiscal Year Completed: ADJUSTING ENTRIES INCOMPLETE ACTIVITY FOR ORIGINAL AMENDED YTD BALANCE MONTH ENCUMBERED UNENCUMBERED % BDGT ACCOUNT DESCRIPTION BUDGET BUDGET 04/30/ /30/2015 YEAR-TO-DATE BALANCE USED Total Dept ,146, ,252, ,962, , , TOTAL Revenues 2,146, ,252, ,962, , , Expenditures Dept FULL-TIME EMPLOYEE SALARIES 1,091, ,128, , , , ONE-TIME PAY LEAVE TIME PAYOUT 26, , , , RESERVE FOR RET LEAVE TIME PA 15, , , PART-TIME EMPLOYEE SALARIES OVERTIME 70, , , , , OVERTIME - DRUNK DRIVING (FED REIM , (2,044.63) HOLIDAY PAY 55, , , , (22,158.68) PAY IN LIEU OF MEDICAL INS 6, , , , TOWNSHIP FICA 94, , , , , WORKERS' COMPENSATION 30, , , , LONG/SHORT TERM DISABILITY 14, , , , , RETIREMENT 107, , , , , LIFE INSURANCE TUITION REIMBURSEMENT 5, , , , HEALTH/DENTAL/VISION INSURANCE 212, , , , , RETIREE HEALTH INSURANCE 77, , , , LIABILITY/CASUALTY INSURANCE 96, , , SUPPLIES & SMALL EQUIPMENT 8, , , , AMMUNITION 2, , , (16.00) EQUIPMENT ALLOWANCE 3, , , , SOFTWARE MAINTENANCE 15, , , , , (2,546.12) POSTAGE (6.75) VEHICLE FUEL 72, , , , , , UNIFORMS/ACCESSORIES 14, , , , (1,593.20) UNIFORM CLEANING 2, , , , (1,596.40) CONTRACTUAL SERVICES 2, , , /09/ of 31 Page 24 of 132

27 05/21/2015 REVENUE AND EXPENDITURE REPORT FOR HAMBURG TWP PERIOD ENDING 04/30/2015 % Fiscal Year Completed: ADJUSTING ENTRIES INCOMPLETE ACTIVITY FOR ORIGINAL AMENDED YTD BALANCE MONTH ENCUMBERED UNENCUMBERED % BDGT ACCOUNT DESCRIPTION BUDGET BUDGET 04/30/ /30/2015 YEAR-TO-DATE BALANCE USED LEGAL FEES 10, , , , PHONE/COMM/INTERNET 9, , , , LAW ENFORCEMENT INFO NETWORK 3, , , (8.00) ELECTRIC 16, , , , , SEWER USAGE 3, , , NATURAL GAS/HEAT 2, , , (106.33) DIESEL FUEL MAINTENANCE POLICE BUILDING 10, , , (254.32) 3, RESERVE FOR BLDG MAINTENANCE 5, , , MAINTENANCE - FERTILIZER (5.00) (118.75) EQUIPMENT MAINT/REPAIR 2, , , VEHICLE MAINTENANCE 30, , , , , (4,015.66) DUES/SUBSCRIP/RECERTIFICATION 1, , , SUNDRY 3, , , (191.00) TRAINING 10, , , , (748.17) SPECIAL PROJECTS 7, , , , (187.20) FEDERAL GRANT EXPENDITURES CAPITAL EQUIPMENT/CAPITAL IMP 3, , , CAPITAL EXPENSE - VEHICLE , , RESERVE FOR VEHICLE PURCHASE 5, , , (9,084.66) TRANSFER OUT FORFEITURE TRANSFER OUT GENERAL FUND 6, , , (166.99) Total Dept ,146, ,252, ,818, , , , TOTAL Expenditures 2,146, ,252, ,818, , , , Fund Police Fund: TOTAL REVENUES 2,146, ,252, ,962, , , TOTAL EXPENDITURES 2,146, ,252, ,818, , , , NET OF REVENUES & EXPENDITURES , (99,855.59) (36,834.09) (106,927.84) /09/ of 31 Page 25 of 132

28 05/21/2015 REVENUE AND EXPENDITURE REPORT FOR HAMBURG TWP PERIOD ENDING 04/30/2015 % Fiscal Year Completed: ADJUSTING ENTRIES INCOMPLETE ACTIVITY FOR ORIGINAL AMENDED YTD BALANCE MONTH ENCUMBERED UNENCUMBERED % BDGT ACCOUNT DESCRIPTION BUDGET BUDGET 04/30/ /30/2015 YEAR-TO-DATE BALANCE USED Fund SENIORS, PARKS, LL TRAIL Revenues Dept CURRENT PROPERTY TAX 228, , , (1,589.32) DELINQUENT PP TAX (163.19) CHARGE BACKS/MTT/BOARD OF REVIEW (208.65) (1.75) INTEREST REVENUE (79.22) SR REVENUE FLAGGED FOR LANDSCAPIN SR REVENUE FLAGGED FOR OTHER TRANSFER IN CAPITAL PROJECT APPROPRIATION FROM SURPLUS 81, , , Total Dept , , , , Dept Recreation Board MMRMA RAP REIMBURSEMENT PARKS & RECREATION FEES 25, , , , SALE OF FIXED ASSETS , (2,747.50) CONTRIBUTIONS/DONATIONS/GRANTS REIMBURSEMENTS & COST RECOVERY TRANSFER IN 101-OPERATIONS 42, , , , , Total Dept Recreation Board 67, , , , , Dept LAKELAND TRAIL CONTRIBUTIONS/DONATIONS/GRANTS (221.44) TRANSFER IN GENERAL CAPITAL TRANSFER IN CAPITAL RESERVE TRANSFER IN 101-OPERATIONS TRANSFER IN PUBLIC CAPITAL IMPROVE TRANSFER IN CAPITAL PROJECT Total Dept LAKELAND TRAIL (221.44) Dept SENIOR CENTER 06/09/ of 31 Page 26 of 132

29 05/21/2015 REVENUE AND EXPENDITURE REPORT FOR HAMBURG TWP PERIOD ENDING 04/30/2015 % Fiscal Year Completed: ADJUSTING ENTRIES INCOMPLETE ACTIVITY FOR ORIGINAL AMENDED YTD BALANCE MONTH ENCUMBERED UNENCUMBERED % BDGT ACCOUNT DESCRIPTION BUDGET BUDGET 04/30/ /30/2015 YEAR-TO-DATE BALANCE USED CONTRIBUTIONS/DONATIONS/GRANTS TRANSFER IN 101-OPERATIONS 10, , , , Total Dept SENIOR CENTER 10, , , , TOTAL Revenues 387, , , , , Expenditures Dept Recreation Board PER DIEM 3, , , , FULL-TIME EMPLOYEE SALARIES 27, , , , , ONE-TIME PAY OVERTIME TOWNSHIP FICA 2, , , WORKERS' COMPENSATION (848.68) LONG/SHORT TERM DISABILITY RETIREMENT 2, , , LIFE INSURANCE HEALTH/DENTAL/VISION INSURANCE 14, , , , , LIABILITY/CASUALTY INSURANCE 2, , , SUPPLIES & SMALL EQUIPMENT 3, , , , VEHICLE FUEL TRASH DISPOSAL 1, , ENG/CONSULTANT/PROFESS FEES LEGAL FEES 3, , , WORKSHOPS/SEMINARS LEGAL NOTICES/ADVERTISING PRINTING ELECTRIC 5, , , , SEWER USAGE NATURAL GAS/HEAT DIESEL FUEL 2, , , MAINTENANCE PARK BUILDINGS 10, , , , RESERVE FOR PARKS MAINTENANCE 7, , , /09/ of 31 Page 27 of 132

30 05/21/2015 REVENUE AND EXPENDITURE REPORT FOR HAMBURG TWP PERIOD ENDING 04/30/2015 % Fiscal Year Completed: ADJUSTING ENTRIES INCOMPLETE ACTIVITY FOR ORIGINAL AMENDED YTD BALANCE MONTH ENCUMBERED UNENCUMBERED % BDGT ACCOUNT DESCRIPTION BUDGET BUDGET 04/30/ /30/2015 YEAR-TO-DATE BALANCE USED MAINTENANCE - FERTILIZER 12, , , , EQUIPMENT MAINT/REPAIR 1, , , PLAYGROUND/FIELD REPAIR PLAYGROUND INSPECTION VEHICLE MAINTENANCE PORTABLE TOILETS 7, , , , EVENT COMMITTEE EXPENSE 1, , PARK IT! EVENT EVERY CHILD SHALL PLAY SCHOLARSHIP DUES/SUBSCRIP/RECERTIFICATION SUNDRY 2, , SPECIAL PROJECTS GRANT MATCH WINKELHAUS PARK SPECIAL PROJECTS - BASEBALL FENCING 25, , , SPECIAL PROJECTS - KIOSKS SPECIAL PROJECTS - BLEACHERS 5, , , SPECIAL PROJECTS - CROSSWALK IMP SPECIAL PROJECTS - MISC IMPROVEMEN 14, (395.20) CAPITAL EQUIPMENT/CAPITAL IMP , , , (4,416.69) RESERVE FOR EQUIPMENT PURCHASE 20, , , TRANSFER OUT GENERAL FUND 1, , TRANSFER OUT ENTERPRISE FUND 1, , , Total Dept Recreation Board 178, , , , , , Dept LAKELAND TRAIL LIABILITY/CASUALTY INSURANCE TRASH DISPOSAL LEGAL FEES PRINTING ELECTRIC RESERVE FOR LL TRAIL MAINTENANCE 15, , , EQUIPMENT MAINT/REPAIR LAKELAND TRAIL MAINTENANCE 10, , , /09/ of 31 Page 28 of 132

31 05/21/2015 REVENUE AND EXPENDITURE REPORT FOR HAMBURG TWP PERIOD ENDING 04/30/2015 % Fiscal Year Completed: ADJUSTING ENTRIES INCOMPLETE ACTIVITY FOR ORIGINAL AMENDED YTD BALANCE MONTH ENCUMBERED UNENCUMBERED % BDGT ACCOUNT DESCRIPTION BUDGET BUDGET 04/30/ /30/2015 YEAR-TO-DATE BALANCE USED LL TRAIL RAILROAD MAINT FEE 1, , , PORTABLE TOILETS 1, , , SUNDRY 2, , , (1,351.05) GRANT MATCH 50, , , CAPITAL EQUIPMENT/CAPITAL IMP , , TRANSFER OUT GENERAL FUND 2, , , TRANSFER OUT ENTERPRISE FUND 1, , , Total Dept LAKELAND TRAIL 84, , , , Dept SENIOR CENTER FULL-TIME EMPLOYEE SALARIES 38, , , , , ONE-TIME PAY PART-TIME EMPLOYEE SALARIES 10, , , , OVERTIME 2, , , , PAY IN LIEU OF MEDICAL INS TOWNSHIP FICA 3, , , WORKERS' COMPENSATION LONG/SHORT TERM DISABILITY RETIREMENT 4, , , LIFE INSURANCE HEALTH/DENTAL/VISION INSURANCE 15, , , , , LIABILITY/CASUALTY INSURANCE 2, , , SUPPLIES & SMALL EQUIPMENT 2, , , (457.50) CONTRACTUAL SERVICES (23.00) TRASH DISPOSAL PHONE/COMM/INTERNET MILEAGE WORKSHOPS/SEMINARS NEWSLETTER/PUBLICATIONS 6, , , ELECTRIC 6, , , , SEWER USAGE NATURAL GAS/HEAT 2, , , (391.02) MAINTENANCE COMM CENTER 4, , , (1,509.99) RESERVE FOR COMM CTR MAINTENANC 10, , , /09/ of 31 Page 29 of 132

32 05/21/2015 REVENUE AND EXPENDITURE REPORT FOR HAMBURG TWP PERIOD ENDING 04/30/2015 % Fiscal Year Completed: ADJUSTING ENTRIES INCOMPLETE ACTIVITY FOR ORIGINAL AMENDED YTD BALANCE MONTH ENCUMBERED UNENCUMBERED % BDGT ACCOUNT DESCRIPTION BUDGET BUDGET 04/30/ /30/2015 YEAR-TO-DATE BALANCE USED MAINTENANCE - FERTILIZER (5.00) (118.75) EQUIPMENT MAINT/REPAIR 2, , , IMPROVEMENTS 2, , , DUES/SUBSCRIP/RECERTIFICATION SUNDRY 2, , , CAPITAL EQUIPMENT/CAPITAL IMP 4, , , , TRANSFER OUT GENERAL FUND TRANSFER OUT ENTERPRISE FUND Total Dept SENIOR CENTER 124, , , , , , TOTAL Expenditures 387, , , , , , Fund SENIORS, PARKS, LL TRAIL: TOTAL REVENUES 387, , , , , TOTAL EXPENDITURES 387, , , , , , NET OF REVENUES & EXPENDITURES , (13,345.39) (10,812.45) 8, /09/ of 31 Page 30 of 132

33 05/21/2015 REVENUE AND EXPENDITURE REPORT FOR HAMBURG TWP PERIOD ENDING 04/30/2015 % Fiscal Year Completed: ADJUSTING ENTRIES INCOMPLETE ACTIVITY FOR ORIGINAL AMENDED YTD BALANCE MONTH ENCUMBERED UNENCUMBERED % BDGT ACCOUNT DESCRIPTION BUDGET BUDGET 04/30/ /30/2015 YEAR-TO-DATE BALANCE USED Fund SEWER FUND Revenues Dept FEDERAL GRANT REVENUE STATE GRANTS NON-TAX ADMIN FEE O&M USAGE FEES 1,261, ,261, , , , O&M LATE PENALTY 40, , , , , ADMIN FEE FOR DELINQ ON TAXES 20, , , (2,501.15) RETURNED CHECK FEE INTEREST REVENUE - O&M ACCOUNTS RENTAL INCOME 10, , , SALE OF FIXED ASSETS (63.00) CONTRIBUTIONS/DONATIONS/GRANTS REIMBURSEMENTS & COST RECOVERY 35, , , , (8,521.90) SUNDRY TRANSFER IN 101-OPERATIONS (22.64) TRANSFER IN RECREATION FUND 1, , , TRANSFER IN FROM WATER APPROPRIATION FROM SURPLUS 866, ,044, ,044, Total Dept ,235, ,413, ,095, , ,317, Dept OTHER REVENUE - CONTRACT SERVICE , (10,800.00) OTHER REVENUE - PORTAGE ADD'L SERV , (2,166.53) WWTP SRF LOAN PROCEEDS Total Dept , (12,966.53) Dept NON-TAX ADMIN FEE 10, , , , (2,141.07) DIRECT TAP FEE 60, , , , , INDIRECT TAP FEE 22, , , , (10,000.08) /09/ of 31 Page 31 of 132

34 05/21/2015 REVENUE AND EXPENDITURE REPORT FOR HAMBURG TWP PERIOD ENDING 04/30/2015 % Fiscal Year Completed: ADJUSTING ENTRIES INCOMPLETE ACTIVITY FOR ORIGINAL AMENDED YTD BALANCE MONTH ENCUMBERED UNENCUMBERED % BDGT ACCOUNT DESCRIPTION BUDGET BUDGET 04/30/ /30/2015 YEAR-TO-DATE BALANCE USED MAIN LINE EXTENSION 10, , , , , GRINDER PUMP INSTALLATION 30, , , , (3,555.68) GRINDER PUMP PURCHASE 30, , , , (66,004.68) REVENUE SALE OF GRINDER PUMPS APPLICATION FEES - SEWERS 5, , , , (1,800.00) AERIAL/TOPOGRAPHICAL MAPS INTEREST REVENUE - CAPITAL ACCTS 1, , INTEREST REVENUE - MYSTIC RIDGE REIMBURSEMENTS & COST RECOVERY SUNDRY Total Dept , , , , (77,283.81) Dept DIRECT TAP FEE WWTP DEBT FEE 676, , , , , WWTP DEBT LATE PENALTY 15, , , , , INTEREST REVENUE SAD'S & OTHER 1, , SPECIAL ASSESSMENTS REVENUE 950, , , , BOND/LOAN PROCEEDS Total Dept ,642, ,642, , , , Dept WATER CONNECTION ADM FEE 2, , , (3,500.00) WATER METER INSTALLATION (300.00) WATER CHARGE O&M 11, , , , WATER CHARGE PENALTY (10%) (33.95) WATER CHARGE ADMIN FEE (10%) INTEREST REVENUE - O&M ACCOUNTS (1.75) Total Dept , , , (2,047.90) TOTAL Revenues 4,060, ,238, ,057, , ,180, Expenditures 06/09/ of 31 Page 32 of 132

35 05/21/2015 REVENUE AND EXPENDITURE REPORT FOR HAMBURG TWP PERIOD ENDING 04/30/2015 % Fiscal Year Completed: ADJUSTING ENTRIES INCOMPLETE ACTIVITY FOR ORIGINAL AMENDED YTD BALANCE MONTH ENCUMBERED UNENCUMBERED % BDGT ACCOUNT DESCRIPTION BUDGET BUDGET 04/30/ /30/2015 YEAR-TO-DATE BALANCE USED Dept PER DIEM 1, , FULL-TIME EMPLOYEE SALARIES 293, , , , , ONE-TIME PAY LEAVE TIME PAYOUT (24.64) PART-TIME EMPLOYEE SALARIES 80, , , , , OVERTIME 28, , , , , TOWNSHIP FICA 30, , , , , WORKERS' COMPENSATION 8, , , , LONG/SHORT TERM DISABILITY 4, , , , RETIREMENT 32, , , , , LIFE INSURANCE HEALTH/DENTAL/VISION INSURANCE 87, , , , , LIABILITY/CASUALTY INSURANCE 35, , , , SUPPLIES & SMALL EQUIPMENT 15, , , , , SOFTWARE MAINTENANCE 1, , , VEHICLE FUEL 9, , , , UNIFORMS/ACCESSORIES 4, , , (14.97) (143.22) MISC MEDICAL EXPENSES 1, , , (212.50) ENG/CONSULTANT/PROFESS FEES 1, , , LEGAL FEES 1, , , (824.09) TREATMENT EXPENSE 58, , , , , PUMP & MAIN REPAIR/MAINTENANCE 35, , , , (32,317.26) GRINDER PUMP PARTS 130, , , , , (13,052.96) GRINDER PUMP CORES 35, , , , GRINDER PUMP REPLACEMENT 70, , , , , (22,902.48) PHONE/COMM/INTERNET 10, , , , MILEAGE WORKSHOPS/SEMINARS 1, , , LEGAL NOTICES/ADVERTISING (181.32) BAD DEBT EXPENSE ELECTRIC 24, , , , , NATURAL GAS/HEAT 1, , , (1,876.48) DIESEL FUEL 1, , , (1,927.32) /09/ of 31 Page 33 of 132

36 05/21/2015 REVENUE AND EXPENDITURE REPORT FOR HAMBURG TWP PERIOD ENDING 04/30/2015 % Fiscal Year Completed: ADJUSTING ENTRIES INCOMPLETE ACTIVITY FOR ORIGINAL AMENDED YTD BALANCE MONTH ENCUMBERED UNENCUMBERED % BDGT ACCOUNT DESCRIPTION BUDGET BUDGET 04/30/ /30/2015 YEAR-TO-DATE BALANCE USED BLDG LRG(RENTAL HOME 2, , , (2,345.48) SEWER MAINTENANCE GARAGE 1, , , (2,958.98) ENTERPRISE POLE BARN(ORIGINAL) EQUIPMENT MAINT/REPAIR 2, , , (612.63) VEHICLE MAINTENANCE 4, , , , DUES/SUBSCRIP/RECERTIFICATION 1, , , (486.17) SUNDRY 1, , , (820.24) DEPRECIATION 950, , , AMORT EXP OF BOND ISSUE COSTS 10, , , AMORT EXP OF DEF CHG OF REFUNDED 7, , , AMORT EXP OF BOND DISCOUNT SPECIAL PROJECTS CAPITAL EQUIPMENT/CAPITAL IMP , , , , (9,914.32) PUMP BARN , , CAPITAL EXPENSE - VEHICLE RESERVE FOR VEHICLE PURCHASE 15, , , RESERVE FOR GRINDER PUMP PURCHAS 40, , , INTEREST EXPENSE TRANSFER OUT G/F ADMIN FEE 57, , , , , TRANSFER OUT GENERAL FUND TRANSFER OUT FIRE DEPT TRANSFER OUT WATER DEBT Total Dept ,096, ,273, ,191, , , ,055, Dept SUPPLIES & SMALL EQUIPMENT 15, , , , , , CHEMICALS 15, , , , ANNUAL GRNDWATER DISCHARGE FEE 5, , , CONTRACTUAL SERVICES 45, , , , TRASH DISPOSAL ENG/CONSULTANT/PROFESS FEES 1, , , LAB ANALYSIS - WWTP 11, , , , , LAB ANALYSIS FEES - PORTAGE , , (2,320.00) SLUDGE REMOVAL EXPENSE WWTP 40, , , , , /09/ of 31 Page 34 of 132

37 05/21/2015 REVENUE AND EXPENDITURE REPORT FOR HAMBURG TWP PERIOD ENDING 04/30/2015 % Fiscal Year Completed: ADJUSTING ENTRIES INCOMPLETE ACTIVITY FOR ORIGINAL AMENDED YTD BALANCE MONTH ENCUMBERED UNENCUMBERED % BDGT ACCOUNT DESCRIPTION BUDGET BUDGET 04/30/ /30/2015 YEAR-TO-DATE BALANCE USED PUMP & MAIN REPAIR/MAINTENANCE 5, , , (22,263.50) PHONE/COMM/INTERNET (377.57) WWTP IMPROVEMENTS WORKSHOPS/SEMINARS 2, , , ELECTRIC 80, , , , , NATURAL GAS/HEAT 30, , , , , BUILDING MAINTENANCE - WWTP 2, , , (1,832.35) EQUIPMENT MAINT/REPAIR 3, , , , , (4,931.98) DUES/SUBSCRIP/RECERTIFICATION SUNDRY CAPITAL EQUIPMENT/CAPITAL IMP 25, , , , (5,528.54) Total Dept , , , , , , Dept GRINDER PUMP METER COST MAIN LINE SEWER EXTENSION GRINDER SYSTEM INSTALLATION , (12,697.00) ENG/CONSULTANT/PROFESS FEES 2, , , LEGAL FEES ARIAL/TOPOGRAPHICAL MAPPING TRANSFER OUT CAPITAL PROJECTS SUNDRY REIMBURSEMENTS/REFUNDS TRANSFER OUT G/F ADMIN FEE 57, , , , , Total Dept , , , , , (1,713.60) Dept DISCOUNT ON THE SALE OF BONDS SUNDRY REIMBURSEMENTS/REFUNDS DEBT SERVICE - PRINCIPAL 1,191, ,191, , , INTEREST EXPENSE 415, , , , , AGENT FEES 3, , , , , Total Dept ,609, ,609, , , , /09/ of 31 Page 35 of 132

38 05/21/2015 REVENUE AND EXPENDITURE REPORT FOR HAMBURG TWP PERIOD ENDING 04/30/2015 % Fiscal Year Completed: ADJUSTING ENTRIES INCOMPLETE ACTIVITY FOR ORIGINAL AMENDED YTD BALANCE MONTH ENCUMBERED UNENCUMBERED % BDGT ACCOUNT DESCRIPTION BUDGET BUDGET 04/30/ /30/2015 YEAR-TO-DATE BALANCE USED Dept GRINDER PUMP METER COST WATER PURCHASE CITY OF BRIGHTON 13, , , , , Total Dept , , , , , TOTAL Expenditures 4,060, ,238, ,294, , , ,892, Fund SEWER FUND: TOTAL REVENUES 4,060, ,238, ,057, , ,180, TOTAL EXPENDITURES 4,060, ,238, ,294, , , ,892, NET OF REVENUES & EXPENDITURES (236,417.16) 131, (51,500.25) 287, TOTAL REVENUES - ALL FUNDS 10,860, ,562, ,929, , (2,391.16) 3,634, TOTAL EXPENDITURES - ALL FUNDS 10,860, ,562, ,806, , , ,483, NET OF REVENUES & EXPENDITURES , , (274,324.02) 151, , /09/ of 31 Page 36 of 132

39 1 05/21/2015 CASH SUMMARY BY ACCOUNT FOR HAMBURG TWP FROM 07/01/2014 TO 04/30/2015 FUND: ALL FUNDS CASH AND INVESTMENT ACCOUNTS Beginning Ending Fund Balance Total Total Balance Account Description 07/01/2014 Debits Credits 04/30/2015 Fund 101 General Fund CASH/SAVINGS 3,866, ,027, ,784, ,108, TPA HEALTH CARE REIMB 2, , , , ZONING REVIEW ESCROW 2, , , , PETTY CASH SENIOR CENTER PETTY CASH CHANGE ACCOUNT HAYCRK/CHAMBERSRDCONSTESCROW 39, , HAYCRK/CHAMBERSRDENGESCROW 25, , General Fund 3,937, ,076, ,826, ,187, Fund 204 Road Fund CASH/SAVINGS 2, , Fund 206 Fire Fund CASH/SAVINGS 556, ,019, , , PETTY CASH /09/ of 10 Page 37 of 132

40 2 05/21/2015 CASH SUMMARY BY ACCOUNT FOR HAMBURG TWP FROM 07/01/2014 TO 04/30/2015 FUND: ALL FUNDS CASH AND INVESTMENT ACCOUNTS Beginning Ending Fund Balance Total Total Balance Account Description 07/01/2014 Debits Credits 04/30/2015 Fire Fund 557, ,019, , , Fund 207 Police Fund CASH/SAVINGS 649, ,029, ,850, , PETTY CASH Police Fund 649, ,029, ,850, , Fund 208 SENIORS, PARKS, LL TRAIL CASH/SAVINGS 472, , , , Fund 211 Act 302 Training Fund CASH/SAVINGS 2, , Fund 245 Public/Capital Improvements CASH/SAVINGS 11, , /09/ of 10 Page 38 of 132

41 3 05/21/2015 CASH SUMMARY BY ACCOUNT FOR HAMBURG TWP FROM 07/01/2014 TO 04/30/2015 FUND: ALL FUNDS CASH AND INVESTMENT ACCOUNTS Beginning Ending Fund Balance Total Total Balance Account Description 07/01/2014 Debits Credits 04/30/2015 Fund 265 Drug Enforcement Fund CASH/SAVINGS , , FEDERAL FORFEITURE FUNDS , , STATE FORFEITURE FUNDS , , Drug Enforcement Fund , , , Fund 302 Twp FIRE STN Cap Imp Debt Ser CASH/SAVINGS , , CASH 94, , , , Twp FIRE STN Cap Imp Debt Ser 94, ,087, ,090, , Fund 366 Tamarack Lake Sewer SAD CASH/SAVINGS , , RESTRICTED SAFETY NET/DEBT 132, , , , Tamarack Lake Sewer SAD 132, , , , /09/ of 10 Page 39 of 132

42 4 05/21/2015 CASH SUMMARY BY ACCOUNT FOR HAMBURG TWP FROM 07/01/2014 TO 04/30/2015 FUND: ALL FUNDS CASH AND INVESTMENT ACCOUNTS Beginning Ending Fund Balance Total Total Balance Account Description 07/01/2014 Debits Credits 04/30/2015 Fund 373 Huron Highlands Rd IMP DebtSer CASH/SAVINGS , , CASH 32, , , , Huron Highlands Rd IMP DebtSer 32, , , , Fund 375 Mumford Dredging Debt Retiremt CASH/SAVINGS , , BOND DEBT 4, , , , Mumford Dredging Debt Retiremt 4, , , , Fund 376 Buhl Rd Improve. Debt Retiremt CASH/SAVINGS 8, , Fund 401 Capital Projects Fund CASH/SAVINGS CAP ACT COMM CTR KITCHEN MAUSOLEUM CONSTRUCTION MONIES /09/ of 10 Page 40 of 132

43 5 05/21/2015 CASH SUMMARY BY ACCOUNT FOR HAMBURG TWP FROM 07/01/2014 TO 04/30/2015 FUND: ALL FUNDS CASH AND INVESTMENT ACCOUNTS Beginning Ending Fund Balance Total Total Balance Account Description 07/01/2014 Debits Credits 04/30/ NEW FIRE STATION CAPITAL RESERVE CASH FOR CAP IMP Capital Projects Fund Fund 479 Rustic/Lake Pointe Road SAD CASH/SAVINGS , , Fund 480 Scott Drive ROAD SAD CASH/SAVINGS , , , Fund 482 Crystal Drive/Beach Rd Maint CASH/SAVINGS , , , Fund 483 Norene Ct/Peary Dr SAD - Rd Mn 06/09/ of 10 Page 41 of 132

44 6 05/21/2015 CASH SUMMARY BY ACCOUNT FOR HAMBURG TWP FROM 07/01/2014 TO 04/30/2015 FUND: ALL FUNDS CASH AND INVESTMENT ACCOUNTS Beginning Ending Fund Balance Total Total Balance Account Description 07/01/2014 Debits Credits 04/30/ CASH/SAVINGS 1, , , Fund 484 Community Dr SAD - Road Maint CASH/SAVINGS 1, , , , Fund 485 Edgelake/Burton Drive SAD CASH/SAVINGS , , Fund 486 Downing Drive SAD CASH/SAVINGS , , Fund 487 Riverside/Century/Lagoon SAD CASH/SAVINGS 11, , , , /09/ of 10 Page 42 of 132

45 7 05/21/2015 CASH SUMMARY BY ACCOUNT FOR HAMBURG TWP FROM 07/01/2014 TO 04/30/2015 FUND: ALL FUNDS CASH AND INVESTMENT ACCOUNTS Beginning Ending Fund Balance Total Total Balance Account Description 07/01/2014 Debits Credits 04/30/2015 Fund 491 Campbell Drive SAD CASH/SAVINGS 1, , , , Fund 492 Mumford Park Lighting SAD CASH/SAVINGS , , Fund 493 KINGSTON DRIVE MAINTENANCE SAD CASH/SAVINGS 2, , , , Fund 494 Winans Drive SAD CASH/SAVINGS , , , /09/ of 10 Page 43 of 132

46 8 05/21/2015 CASH SUMMARY BY ACCOUNT FOR HAMBURG TWP FROM 07/01/2014 TO 04/30/2015 FUND: ALL FUNDS CASH AND INVESTMENT ACCOUNTS Beginning Ending Fund Balance Total Total Balance Account Description 07/01/2014 Debits Credits 04/30/2015 Fund 497 STRAWBERRY INDIANOLA IMP SAD CASH/SAVINGS , , S'BERRY INDIANOLA CONSTRUCTION CASH S'BERRY INDIANOLA DEBT CASH 107, , , , STRAWBERRY INDIANOLA IMP SAD 107, , , , Fund 499 DOWNING DR ROAD IMP SAD CASH/SAVINGS , , DOWNING CONSTRUCTION CASH DOWNING DEBT CASH 33, , , , DOWNING DR ROAD IMP SAD 33, , , , Fund 590 SEWER FUND WWTP IMPROVEMENTS-'03 58, , CASH/SAVINGS ,328, ,348, (19,646.39) WATER RECEIPTS FROM BILLS 6, , , , SAVINGS - O&M 99, ,690, ,545, , /09/ of 10 Page 44 of 132

47 9 05/21/2015 CASH SUMMARY BY ACCOUNT FOR HAMBURG TWP FROM 07/01/2014 TO 04/30/2015 FUND: ALL FUNDS CASH AND INVESTMENT ACCOUNTS Beginning Ending Fund Balance Total Total Balance Account Description 07/01/2014 Debits Credits 04/30/ BOND SERIES CONSTRUCTION 693, , SAVINGS - CAP ACTIVITY-ENTERPRS 295, , , , STRWBERRY RESTRICTED DEBT 445, , , CONTRACT SAD'S RESTRICTED 138, , , , CSAD'S/MA/TOW/GALL-WHT/BCK 694, , , , BOND DEBT 280, , , , MIDLAND SEWER CONTRACT SAD DEBT , , WWTP BOND RESERVE 444, , WWTP PRINCIPAL/INTER REDEMPTN 216, , , , EQUIPMENT RESERVE - ENTERPRISE 1,433, ,433, CASH - INFRASTRUCTURE DEPOSIT 51, , SEWER FUND 4,859, ,496, ,489, ,866, Fund 591 WATER DEBT SERVICE FUND CASH/SAVINGS , , WATER SYSTEM DEBT (Well) 1, , M36 CORRIDOR WATER DISTRICT DEBT 458, , , , WATER DEBT SERVICE FUND 459, , , , Fund 701 Trust & Agency Fund CASH/SAVINGS 14, ,215, ,218, , /09/ of 10 Page 45 of 132

48 10 05/21/2015 CASH SUMMARY BY ACCOUNT FOR HAMBURG TWP FROM 07/01/2014 TO 04/30/2015 FUND: ALL FUNDS CASH AND INVESTMENT ACCOUNTS Beginning Ending Fund Balance Total Total Balance Account Description 07/01/2014 Debits Credits 04/30/ Escrow Bank Accounts 26, , , , Trust & Agency Fund 41, ,248, ,228, , Fund 703 Winter Tax Collection Fund CASH/CHECKING CASH/SAVINGS ,241, ,241, (3.10) Winter Tax Collection Fund ,241, ,241, (3.10) Fund 711 Cemetery Trust Fund RESTRICTED CEMETERY TRUST 7, , Fund 750 Imprest Payroll Fund CASH/CHECKING ,346, ,346, TOTAL - ALL FUNDS 11,436, ,535, ,777, ,195, /09/ of 10 Page 46 of 132

49 TAB 2 CASH FLOW ANALYSIS & DEBT PAYMENT SCHEDULES FOR 2014/2015 & 2015/ /09/2015 Page 47 of 132

50 10405 Merrill Road P.O. Box 157 Hamburg, MI Phone: Fax: CASH FLOW ANALYSIS The cash flow analysis is included in tab 2. The cash flow analysis has actual cash flows through April, The cash flows for May, 2015 through June, 2015 are estimated. The funds included in the pooled cash flow are general, fire, police, parks, public capital improvements and sewer operations and maintenance, WWTP debt accounts, cemetery, sewer equipment reserve, road maintenance SADs, performance bonds, SAD debt and escrows. Tab 2 also includes a debt payment schedules for fiscal year and The cash flow analysis and the debt payment schedules assist the Treasurer s staff in determining maturity dates on future investments by determining cash needs for each month. 06/09/2015 Page 48 of 132

51 HAMBURG TOWNSHIP Name: POOLED CASH Total Time Period: FY 14/15 Total for CASH INFLOWS JULY AUGUST SEPTEMBER OCTOBER NOVEMBER DECEMBER JANUARY FEBRUARY MARCH APRIL MAY JUNE All Periods PROPERTY TAXES $0 $2,405,142 $267,014 $267,061 $792,719 $116,640 $3,848,576 STATE REVENUE SHARING 0 271, , , , , ,639 $1,669,020 CABLE FRANCHISE FEES 0 86,078 87,399 $0 $90,838 85,000 $349,315 PROPERTY TAX ADMIN FEES 10,861 15,055 62, ,199 6,032 13,014 37,486 13,500 $262,151 OTHER CASH RECEIPTS 61,667 73,020 43,934 59,609 39,861 38,520 70,159 44, ,902 31,180 31,180 $546,070 UTILITY BILL RECEIPTS 255, ,767 14, , ,585 22, , ,461 48, , ,000 22,000 $1,921,824 NEW SEWER HOOKUPS 71,480 15,671 23,538 35,770 6, ,590 20, ,535 8,000 8,000 $264,058 $0 MMRMA LIAB INS EXCESS DIST $0 (ONE TIME PER YEAR) 62,295 $62,295 $0 $0 FROM FORFEITURE - BUDGETED 100,000 $100,000 SAD PAYOFFS 2,800 2,775 4,164 33,117 14,015 2,499 1,317 4,285 $64,972 ANNUAL SAD ON TAX BILLS 618,276 57,778 80, ,586 $992,443 Total Cash Inflows $402,668 $729,503 $148,254 $692,350 $314,451 $3,489,982 $666,600 $965,023 $1,114,520 $611,233 $382,180 $563,959 $10,080,723 Total for CASH OUTFLOWS JULY AUGUST SEPTEMBER OCTOBER NOVEMBER DECEMBER JANUARY FEBRUARY MARCH APRIL MAY JUNE All Periods PAYROLL #1 $123,273 $152,741 $135,100 $120,978 $120,946 $135,255 $129,040 $139,190 $123,328 $134,960 $139,000 $139,000 $1,592,810 PAYROLL #2 169, , , , , , , , , , , ,000 $1,935,219 PAYROLL #3 144, ,105 $272,515 BENEFITS 63,827 82,225 71,034 89,846 68,063 81,698 59,557 72,815 71,704 81,546 78, ,000 $970,315 $0 LIABILITY/CASUALTY INSURANCE 108, , ,002 0 $216,009 UTILITIES 18,133 16,140 9,559 17,035 15,886 17,058 22,374 28,477 32,057 21,027 22,000 16,000 $235,745 $0 DUST CONTROL 13,273 15,936 10,314 20,000 $59,523 TREATMENT/SLUDGE HAUL EXP 17,201 17,342 18,488 35,967 17,273 17,300 $123,570 OTHER EXPENDITURES 21, , , ,006 88,773 74, ,587 90,522 24,693 95, , ,000 $1,152,033 FUEL 11,571 11,226 9,390 11,878 11,015 5,717 6,040 4,213 5,953 7,082 11,000 11,000 $106,086 VEHICLE PURCHASE 0 7,696 $7,696 GRINDER PARTS/PUMP MAINT 2,191 30, ,204 54,742 19,999 1,152 16,744 13,016 14,968 57,019 24,000 24,000 $371,418 CAPITAL EQUIPMENT 9, ,553 91,105 8,323 89, ,037 64,800 19, ,000 14,000 $685,187 MAUSOLEUM DEBT 21,906 $21, FIRE BLDG DEBT 22, ,313 $544, TAMARACK SEWER DEBT 3,679 48,679 $52, STRAWBERRY/DOWNING DEBT 9,050 34,050 $43, CONTRACT SEWER SAD DEBT 1,995 21,995 $23, SAD REFUNDING DEBT 31, ,400 $272, WATER WELL REFUNDING DEBT 89, ,950 $113, SAD (2004) REFUNDING DEBT 30, ,275 $310, WATER SAD DEBT 29, ,281 $108,563 HURON RIVER HIGHLANDS SAD DEB 21,520 20,632 $42, SEWER PLANT DEBT 70, ,984 $376,969 WWTP IMP EXP/DEBT 175,938 34,188 $210,125 ORE LAKE DEBT 67,928 12,240 $80,168 Total Cash Outflows $723,701 $779,372 $1,164,310 $745,634 $593,468 $969,070 $599,367 $523,980 $1,724,593 $563,570 $556,000 $985,916 $9,928,979 Individual Time Periods Total for SUMMARY JULY AUGUST SEPTEMBER OCTOBER NOVEMBER DECEMBER JANUARY FEBRUARY MARCH APRIL MAY JUNE All Periods Net Cash Flow ($321,032) ($49,869) ($1,016,056) ($53,283) ($279,017) $2,520,912 $67,233 $441,043 ($610,073) $47,663 ($173,820) ($421,957) $151,743 Beginning cash balance $10,675,548 $10,675,548 Cumulative Net Cash Flow $10,354,516 $10,304,647 $9,288,591 $9,235,307 $8,956,291 $11,477,202 $11,544,435 $11,985,478 $11,375,406 $11,423,068 $11,249,248 $10,827,291 $10,827,291 10,354, ,304, ,288, ,544, ,985, ,375, ,423, (0.00) (0.00) (0.00) (0.00) (0.00) (0.00) (0.00) (0.00) (0.00) (0.00) 11,249, ,827, POOLED CASH: GENERAL, FIRE, POLICE, REC, ACT 302, PUBLIC CAP IMP, SEWER O&M, ROAD MAINT SAD, CEMETERY, EQUIPMENT RESERVE, ESCROW, DEBT ACCOUNTS 06/09/2015 Page 49 of 132

52 HAMBURG TOWNSHIP DEBT PAYMENT SCHEDULE FY 14/15 ANTICIPATED PRIN & INVOICE TRANSFER/ DEBT INTEREST INTEREST ADMIN FEE ANTICIPATED INVESTMENT AMOUNT ISSUE DUE DATE DUE DATE DUE DATE DATE LIQUIDATION DATE DUE 98 CONTRACT SADs 10/1/2014 8/20/2014 9/7/2014 1, STRAWBERRY pd off 13/14-11 SAD 10/1/2014 8/20/2014 9/7/ , REFUNDING (04 SAD) 10/1/2014 8/20/2014 9/7/ , REFUNDING (2002 WATER) 10/1/2014 8/20/2014 9/7/ , TAMARACK 10/1/2014 8/20/2014 9/7/2014 3, FIRE STATION DEBT 10/1/2014 8/20/2014 9/7/ , WATER SYS PROJ 10/1/2014 8/20/2014 9/7/ , ORE LAKE SRF 10/1/2014 8/20/2014 9/7/ , IND/DOWNING 10/1/2014 8/20/2014 9/7/2014 9, WWTP IMP 10/1/2014 8/20/2014 9/7/ , MAUSOLEUM N/A 12/19/2014 N/A 11/19/2014 N/A 21, WWTP REFUNDING 1/1/ /19/ /21/ , FIRE STATION DEBT 10/1/ /1/2014 9/21/ CONTRACT SADs 4/1/2015 2/20/2015 3/15/ , STRAWBERRY pd off 13/14 11 SAD 4/1/2015 2/20/2015 3/15/ , REFUNDING (04 SAD) 4/1/2015 2/20/2015 3/15/ , REFUNDING (2002 WATER 4/1/2015 2/20/2015 3/15/ , TAMARACK 4/1/2015 2/20/2015 3/15/ , FIRE STATION DEBT 4/1/2015 2/20/2015 3/15/ , WATER SYS PROJ 4/1/2015 2/20/2015 3/15/ , CONTRACT SADs 4/1/2015 4/1/2015 3/15/ SAD 4/1/2015 4/1/2015 3/15/ TAMARACK 4/1/2015 4/1/2015 3/15/ WATER SYS PROJ 4/1/2015 4/1/2015 3/15/ REFUNDING (04 SAD) 4/1/2015 4/1/2015 3/15/ REFUNDING (2002 WATER) 4/1/2015 4/1/2015 3/15/ ORE LAKE SRF 4/1/2015 2/20/2015 3/15/ , /09/2015 Page 50 of of 2

53 HAMBURG TOWNSHIP DEBT PAYMENT SCHEDULE FY 14/15 ANTICIPATED PRIN & INVOICE TRANSFER/ DEBT INTEREST INTEREST ADMIN FEE ANTICIPATED INVESTMENT AMOUNT ISSUE DUE DATE DUE DATE DUE DATE DATE LIQUIDATION DATE DUE 2010 IND/DOWNING 4/1/2015 2/20/2015 3/15/ , WWTP IMP 4/1/2015 2/20/2015 3/15/ , SAD 5/1/2015 5/1/2015 4/20/ WWTP REFUNDING 5/1/2015 5/1/2015 4/20/ WWTP REFUNDING 7/1/2015 5/20/2015 6/21/ , HURON RIVER HIGHLANDS N/A 7/1/2015 N/A 6/1/2015 6/15/ , /09/2015 Page 51 of of 2

54 HAMBURG TOWNSHIP DEBT PAYMENT SCHEDULE FY 15/16 ANTICIPATED PRIN & INVOICE TRANSFER/ DEBT INTEREST INTEREST ADMIN FEE ANTICIPATED INVESTMENT AMOUNT ISSUE DUE DATE DUE DATE DUE DATE DATE LIQUIDATION DATE DUE 98 CONTRACT SADs 10/1/2015 8/20/2015 9/7/2015 1, SAD 10/1/2015 8/20/2015 9/7/ , REFUNDING (04 SAD) 10/1/2015 8/20/2015 9/7/ , REFUNDING (2002 WATER) 10/1/2015 8/20/2015 9/7/ , TAMARACK 10/1/2015 8/20/2015 9/7/2015 2, FIRE STATION DEBT 10/1/2015 8/20/2015 9/7/ , WATER SYS PROJ 10/1/2015 8/20/2015 9/7/ , ORE LAKE SRF 10/1/2015 8/20/2015 9/7/ , IND/DOWNING 10/1/2015 8/20/2015 9/7/2015 8, WWTP IMP 10/1/2015 8/20/2015 9/7/ , MAUSOLEUM N/A 12/19/2015 N/A 11/19/2015 N/A 21, WWTP REFUNDING 1/1/ /19/ /21/ , FIRE STATION DEBT 10/1/ /1/2015 9/21/ CONTRACT SADs 4/1/2016 2/20/2016 3/15/ , SAD 4/1/2016 2/20/2016 3/15/ , REFUNDING (04 SAD) 4/1/2016 2/20/2016 3/15/ , REFUNDING (2002 WATER 4/1/2016 2/20/2016 3/15/ , TAMARACK 4/1/2016 2/20/2016 3/15/ , FIRE STATION DEBT 4/1/2016 2/20/2016 3/15/ , WATER SYS PROJ 4/1/2016 2/20/2016 3/15/ , CONTRACT SADs 4/1/2016 4/1/2016 3/15/ SAD 4/1/2016 4/1/2016 3/15/ TAMARACK 4/1/2016 4/1/2016 3/15/ WATER SYS PROJ 4/1/2016 4/1/2016 3/15/ REFUNDING (04 SAD) 4/1/2016 4/1/2016 3/15/ REFUNDING (2002 WATER) 4/1/2016 4/1/2016 3/15/ ORE LAKE SRF 4/1/2016 2/20/2016 3/15/ , IND/DOWNING 4/1/2016 2/20/2016 3/15/ , WWTP IMP 4/1/2016 2/20/2016 3/15/ , /09/2015 Page 52 of of 2

55 HAMBURG TOWNSHIP DEBT PAYMENT SCHEDULE FY 15/16 ANTICIPATED PRIN & INVOICE TRANSFER/ DEBT INTEREST INTEREST ADMIN FEE ANTICIPATED INVESTMENT AMOUNT ISSUE DUE DATE DUE DATE DUE DATE DATE LIQUIDATION DATE DUE 2007 WWTP REFUNDING 5/1/2016 5/1/2016 4/20/ WWTP REFUNDING 7/1/2016 5/20/2016 6/21/ , HURON RIVER HIGHLANDS N/A 7/1/2016 N/A 6/1/2016 6/15/ , /09/2015 Page 53 of of 2

56 TAB 3 FINANCE MAJOR ISSUES 06/09/2015 Page 54 of 132

57 November/December 2013 TOWNSHIP ISSUES/PROJECTS - STATUS: ISSUE ACTIONS TAKEN TOWNSHIP ACTIONS TO BE TAKEN Water Fund Deficit The Township refinanced the water bond to reduce the interest saving the Township $369, over the remaining life of the bond. The new debt as of Sept 2012 is $2,326,432. Sell share in LCWA well to 3 rd party to alleviate debt obligation LCWA has assigned Pat Hohl & Mark St. Charles to explore options for sale; revenuerelated activities; utilize contact with SPARK (economic development) to bring in new users 06/09/2015 Page 55 of 132

58 TAB 4 PROPERTY TAXES 06/09/2015 Page 56 of 132

59 SUMMARY 2014 Winter TAX collection at Hamburg is now closed. After March 2, 2015 all inquiries for unpaid taxes are to be made at the Livingston County Treasurer s office The 2014 Winter Millage rates are included at the end of this TAB. Looking at the following document (8 year tax comparison) you will see that the Township assessed value is on the rise as well as taxes billed. Home sales are strong and we have exceeded the number of applications for new units compare to last year at this time also the number of vacant units continues to fall. In the case of duplicate payments, our policy is for the first payment to be applied to the bill and the second payment is to be returned to the sender. 06/09/2015 Page 57 of 132 1

60 8 YEAR ANNUAL TAX COLLECTION COMPARISON (Annual amounts will vary a few dollars depending upon the type of tax report you are comparing too) Property Taxable Value for Fiscal Years 2014/15 $ 920,807, % of /14 $ 897,618, % of /13 $ 881,084, % of /12 $ 881,499, % of /11 $ 894,000, /10 $ 990,687, /09 $1,034,487, /08 $1,041,905,999 Property Taxes Billed 2014/15 $ 27,063, % of /14 $ 26,481, % of /13 $ 25,875, % of /12 $ 25,975, % of /11 $ 26,556, /10 $ 29,451, /09 $ 29,446, /08 $ 29,716,911 Delinquency percentage 2014/ % 2013/ % 2012/ % 2011/ % 2010/ % 2009/ % 2008/ % 2007/ % 06/09/2015 Page 58 of 132 1

61 PROPERTY TAX ROLL FOR THE PAST 8 YEARS ( TAX ROLL is 91.07% of TAX ROLL) ( TAX ROLL is 89.12% of TAX ROLL) $35,000, $30,000, $25,000, $20,000, $15,000, $10,000, $5,000, $ $29,716, $29,446, $29,451, $26,556, $25,975, $25,875, $26,481, $27,063,412 Non-Township Enitities Township Office Township Fire Township Police Township Parks and Senior Center Township Library Township Special Assessments 06/09/2015 Page 59 of 132

62 2014 Combined Adjusted Tax Roll For HAMBURG TOWNSHIP LIVINGSTON Spec. Population: Ad Valorem Parcels plus (DNR-PILT) *** REAL PROPERTY *** PARCEL COUNT TAXABLE VALUE 900,595,066 ASSESSED VALUE 1,002,644,113 SEV VALUE 1,002,644,113 PRE/MBT TAXABLE 769,206,379 NON PRE/MBT TAXABLE 131,388,687 TAX ROLL SUMMARY TOTALS DESCRIPTION TAX BILLED ADMIN FEE 259, COUNTY 3,561, LOCAL 4,506, SCHOOL 9,177, STATE TAX 5,382, INT SCHOOL 2,192, LIBRARY 86, SPECIALS 1,153, TOTALS 26,319, TAX ROLL DETAILS TAX DESCRIPTION COUNT TAXABLE MILLAGE TAX BILLED (S) STATE ED TAX 9, ,021, ,382, (S) COUNTY ALLOCATED 9, ,021, ,040, (S) BR SCHOOL OPER ,686, , (S) BR SCH OPER VOTE ,686, , (S) LIVINGSTON ISD 1, ,250, , (W) TOWNSHIP ALLOC 9, ,595, , (W) TOWNSHIP POLICE 9, ,595, ,350, (W) TOWNSHIP FIRE 9, ,595, , (W) VOTED FIRE BOND 9, ,595, , (W) TOWNSHIP LIBRARY 9, ,595, , (W) COUNTY AMBULANCE 9, ,595, , (W) HCMA - PARKS 9, ,595, , (W) LIVINGSTON ISD 7, ,577,158 ***** 1,631, (W) BR SCHOOL DEBT 1, ,294, , (W) TOWNSHIP REC 9, ,804, , (W) VETERANS RELIEF 9, ,595, , (W) COUNTY ALLOCATED 32 3,573, , (W) LIVINGSTON ISD P , , (W) TOWNSHIP REC 6 790, (W) BR SCH DEBT ,806, , (W) PI SCHOOL OPER 1, ,795, ,030, (W) PI SCHOOL DEBT 7, ,577, ,274, (W) WASHTENAW ISD ,917, , (W) DE SCHOOL OPER 149 5,906, , (W) DE SCHOOL DEBT ,917, , (W) DE LIBRARY OPER ,917, , (W) DE LIBRARY DEBT ,917, , (*) X0015, PAST DUE (N/A) 247, (*) X2065, TOWRPINER 17 0 (N/A) 14, (*) X2016, CONTRACT 18 0 (N/A) 13, (*) X2056, CONSAD (N/A) 31, (*) X2062, CONSAD01R 29 0 (N/A) 35, (*) XM1303, KNOLLWOO 36 0 (N/A) (*) X3770, RI-CE-LA (N/A) 27, (*) X3930, WINANS DR 54 0 (N/A) 9, (*) X3008, COMM DR R 11 0 (N/A) 3, (*) X2053, RUSH LAKE (N/A) 216, (*) X14050, WEST POI 43 0 (N/A) 1, (*) X3152, KINGSTON 29 0 (N/A) 12, (*) X2112, CONSAD (N/A) 6, (*) X2054, ONEID/M (N/A) 23, (*) X0002, RIV/FERN 10 0 (N/A) 5, (*) X3119, HURONRIVE 60 0 (N/A) 16, (*) X2055, GALATIAN 6 0 (N/A) 5, (*) X2064, BUCKLAKER (N/A) 78, (*) X2115, CONSAD06P 1 0 (N/A) (*) X14032, HURON OA 14 0 (N/A) (*) X2565, WATERPHAS 33 0 (N/A) 113, /09/ of 7 Page 60 of 132

63 (*) X2574, LCWA 6 0 (N/A) (*) X3780, CAMPBELL 13 0 (N/A) 3, (*) X3633, SCOTT RD 11 0 (N/A) 3, (*) X3800, EDGE/BUR (N/A) 2, (*) X3093, BUHL DR (N/A) (*) X3129, INDIANOLA (N/A) 34, (*) X3142, MIDLAND D 1 0 (N/A) 1, (*) X3139, DOWNING D 31 0 (N/A) 2, (*) X3137, DOWNING D 22 0 (N/A) 6, (*) X3634, RUST/LKP 19 0 (N/A) 3, (*) X2063, WHTCORGAR (N/A) 150, (*) X2066, MARYANNRE 12 0 (N/A) 8, (*) X3009, CRYSTAL D 97 0 (N/A) 5, (*) X015PL, PBLASWA (N/A) 17, (*) XL1402, PORTAGE (N/A) 7, (*) X2057, MUMFORD P 19 0 (N/A) 4, (*) X0004, MUMFORD L 76 0 (N/A) 1, (*) X2393, TAMARACK 40 0 (N/A) 28, (*) X14019, FOX POIN 14 0 (N/A) 1, (*) X14020, FOX RUN 12 0 (N/A) 1, (*) X3012, NOR/PEAR 16 0 (N/A) 3, (S) ADMIN FEE 90, (W) ADMIN FEE 169, (S) TOTALS 9,100, (W) TOTALS 17,218, GRAND TOTALS 26,319, /09/ of 7 Page 61 of 132

64 *** PERSONAL PROPERTY *** PARCEL COUNT 297 TAXABLE VALUE 20,212,490 ASSESSED VALUE 20,212,490 SEV VALUE 20,212,490 PRE/MBT TAXABLE 7,588,250 NON PRE/MBT TAXABLE 12,624,240 TAX ROLL SUMMARY TOTALS DESCRIPTION TAX BILLED ADMIN FEE 7, COUNTY 79, LOCAL 101, SCHOOL 404, STATE TAX 99, INT SCHOOL 48, LIBRARY 1, TOTALS 742, TAX ROLL DETAILS TAX DESCRIPTION COUNT TAXABLE MILLAGE TAX BILLED (S) STATE ED TAX 55 16,607,370 ***** 99, (S) COUNTY ALLOCATED 61 20,212, , (S) BR SCHOOL OPER 4 1,322,200 ***** 21, (S) BR SCH OPER VOTE 4 1,322,200 ***** 2, (S) LIVINGSTON ISD 4 1,326, , (W) TOWNSHIP ALLOC 61 20,212, , (W) TOWNSHIP POLICE 61 20,212, , (W) TOWNSHIP FIRE 61 20,212, , (W) VOTED FIRE BOND 61 20,212, , (W) TOWNSHIP LIBRARY 61 20,212, , (W) COUNTY AMBULANCE 61 20,212, , (W) HCMA - PARKS 61 20,212, , (W) LIVINGSTON ISD 55 17,917,750 ***** 41, (W) BR SCHOOL DEBT 4 1,326, , (W) TOWNSHIP REC 61 20,212, , (W) VETERANS RELIEF 61 20,212, , (W) PI SCHOOL OPER 49 10,334,100 ***** 209, (W) PI SCHOOL DEBT 55 17,917, , (W) WASHTENAW ISD 2 967, , (W) DE SCHOOL OPER 2 967,940 ***** 17, (W) DE SCHOOL DEBT 2 967, , (W) DE LIBRARY OPER 2 967, , (W) DE LIBRARY DEBT 2 967, (S) ADMIN FEE 1, (W) ADMIN FEE 5, (S) TOTALS 197, (W) TOTALS 545, GRAND TOTALS 742, /09/ of 7 Page 62 of 132

65 *** EXEMPT PROPERTY *** PARCEL COUNT 344 TAXABLE VALUE 0 ASSESSED VALUE 0 SEV VALUE 0 PRE/MBT TAXABLE 0 NON PRE/MBT TAXABLE 0 TAX ROLL SUMMARY TOTALS DESCRIPTION TAX BILLED ADMIN FEE SPECIALS 1, TOTALS 1, TAX ROLL DETAILS TAX DESCRIPTION COUNT TAXABLE MILLAGE TAX BILLED (*) X2064, BUCKLAKER 2 0 (N/A) 1, (*) X0004, MUMFORD L 2 0 (N/A) (W) ADMIN FEE (W) TOTALS 1, GRAND TOTALS 1, /09/ of 7 Page 63 of 132

66 *** BUILDINGS ON LEASED LAND *** PARCEL COUNT 0 TAXABLE VALUE 0 ASSESSED VALUE 0 SEV VALUE 0 PRE/MBT TAXABLE 0 NON PRE/MBT TAXABLE 0 TAX ROLL SUMMARY TOTALS DESCRIPTION TAX BILLED TAX ROLL DETAILS TAX DESCRIPTION COUNT TAXABLE MILLAGE TAX BILLED GRAND TOTALS /09/ of 7 Page 64 of 132

67 *** GRAND TOTALS *** PARCEL COUNT TAXABLE VALUE 920,807,556 ASSESSED VALUE 1,022,856,603 SEV VALUE 1,022,856,603 PRE/MBT TAXABLE 776,794,629 NON PRE/MBT TAXABLE 144,012,927 TAX ROLL SUMMARY TOTALS DESCRIPTION TAX BILLED ADMIN FEE 267, COUNTY 3,640, LOCAL 4,607, SCHOOL 9,581, STATE TAX 5,481, INT SCHOOL 2,240, LIBRARY 87, SPECIALS 1,155, TOTALS 27,063, TAX ROLL DETAILS TAX DESCRIPTION COUNT TAXABLE MILLAGE TAX BILLED (S) STATE ED TAX 10, ,628,656 ***** 5,481, (S) COUNTY ALLOCATED 10, ,233, ,109, (S) BR SCHOOL OPER ,008,524 ***** 237, (S) BR SCH OPER VOTE ,008,524 ***** 30, (S) LIVINGSTON ISD 1, ,577, , (W) TOWNSHIP ALLOC 10, ,807, , (W) TOWNSHIP POLICE 10, ,807, ,381, (W) TOWNSHIP FIRE 10, ,807, , (W) VOTED FIRE BOND 10, ,807, , (W) TOWNSHIP LIBRARY 10, ,807, , (W) COUNTY AMBULANCE 10, ,807, , (W) HCMA - PARKS 10, ,807, , (W) LIVINGSTON ISD 7, ,494,908 ***** 1,673, (W) BR SCHOOL DEBT 1, ,620, , (W) TOWNSHIP REC 10, ,017, , (W) VETERANS RELIEF 10, ,807, , (W) COUNTY ALLOCATED 32 3,573, , (W) LIVINGSTON ISD P , , (W) TOWNSHIP REC 6 790, (W) BR SCH DEBT ,806, , (W) PI SCHOOL OPER 1, ,129,764 ***** 2,240, (W) PI SCHOOL DEBT 7, ,494, ,409, (W) WASHTENAW ISD ,885, , (W) DE SCHOOL OPER 151 6,874,639 ***** 123, (W) DE SCHOOL DEBT ,885, , (W) DE LIBRARY OPER ,885, , (W) DE LIBRARY DEBT ,885, , (*) X0015, PAST DUE (N/A) 247, (*) X2065, TOWRPINER 17 0 (N/A) 14, (*) X2016, CONTRACT 18 0 (N/A) 13, (*) X2056, CONSAD (N/A) 31, (*) X2062, CONSAD01R 29 0 (N/A) 35, (*) XM1303, KNOLLWOO 36 0 (N/A) (*) X3770, RI-CE-LA (N/A) 27, (*) X3930, WINANS DR 54 0 (N/A) 9, (*) X3008, COMM DR R 11 0 (N/A) 3, (*) X2053, RUSH LAKE (N/A) 216, (*) X14050, WEST POI 43 0 (N/A) 1, (*) X3152, KINGSTON 29 0 (N/A) 12, (*) X2112, CONSAD (N/A) 6, (*) X2054, ONEID/M (N/A) 23, (*) X0002, RIV/FERN 10 0 (N/A) 5, (*) X3119, HURONRIVE 60 0 (N/A) 16, (*) X2055, GALATIAN 6 0 (N/A) 5, (*) X2064, BUCKLAKER (N/A) 80, (*) X2115, CONSAD06P 1 0 (N/A) (*) X14032, HURON OA 14 0 (N/A) (*) X2565, WATERPHAS 33 0 (N/A) 113, (*) X2574, LCWA 6 0 (N/A) (*) X3780, CAMPBELL 13 0 (N/A) 3, /09/ of 7 Page 65 of 132

68 (*) X3633, SCOTT RD 11 0 (N/A) 3, (*) X3800, EDGE/BUR (N/A) 2, (*) X3093, BUHL DR (N/A) (*) X3129, INDIANOLA (N/A) 34, (*) X3142, MIDLAND D 1 0 (N/A) 1, (*) X3139, DOWNING D 31 0 (N/A) 2, (*) X3137, DOWNING D 22 0 (N/A) 6, (*) X3634, RUST/LKP 19 0 (N/A) 3, (*) X2063, WHTCORGAR (N/A) 150, (*) X2066, MARYANNRE 12 0 (N/A) 8, (*) X3009, CRYSTAL D 97 0 (N/A) 5, (*) X015PL, PBLASWA (N/A) 17, (*) XL1402, PORTAGE (N/A) 7, (*) X2057, MUMFORD P 19 0 (N/A) 4, (*) X0004, MUMFORD L 78 0 (N/A) 1, (*) X2393, TAMARACK 40 0 (N/A) 28, (*) X14019, FOX POIN 14 0 (N/A) 1, (*) X14020, FOX RUN 12 0 (N/A) 1, (*) X3012, NOR/PEAR 16 0 (N/A) 3, (S) ADMIN FEE 92, (W) ADMIN FEE 175, (S) TOTALS 9,297, (W) TOTALS 17,765, GRAND TOTALS 27,063, /09/ of 7 Page 66 of 132

69 NAME AND CODE OF ADDITIONAL CHARGES ON THE TAX STATEMENT SEE FOLLOWING DOCUMENT FOR BOND TERMS, NUMBER OF PAYMENTS MADE TO DATE AND BREAKDOWN OF PAYMENT BETWEEN INTEREST AND PRINCIPLE FOR TAX PURPOSES ADDITIONAL FULL NAME OF CHARGE TYPE BOND PAYMENT CONTRACT AND CHARGE CODE (SAD = SPECIAL ASSESSMENT DISTRICT) OTHER PAYMENTS NSF RETURN CHECK FEE DEBT Y X0002 RIVERVIEW, FERLANDS AV SAD Special Assessment y X0004 MUNFORD LIGHTING Special Assessment y X0015 HAMBERG PAST DUE SEWER BILLS Special Assessment y X015PL PORTAGE PAST DUE SEWER BILLS Special Assessment y X14019 FOX POINT HTS DRAIN Drain y X14020 FOX RUN ESTATES DRAIN Drain y X14032 HURON OAKS DRAIN Drain y X14050 WEST POINT HILLS DRAIN Drain y X2016 CONTRACT SEWER SAD Special Assessment y X2053 RUSH LAKE SEWER SAD Special Assessment Y X2054 ONEID, M36 SEWER SAD Special Assessment Y X2055 GALATIAN SEWER SAD Special Assessment Y 06/09/ of 3 Page 67 of 132

70 ADDITIONAL FULL NAME OF CHARGE TYPE BOND PAYMENT CONTRACT AND CHARGE CODE (SAD = SPECIAL ASSESSMENT DISTRICT) OTHER PAYMENTS X2056 MULTIPLE CONTRACT SEWER SAD Special Assessment y X2057 MUNFORD PARK DREDGE Special Assessment Y X2062 MULTIPLE CONTRACT SEWER SAD Special Assessment y X2063 WHITE WOOD, CORNWELL, GALLAGER SEWER Special Assessment Y X2064 BUCK LAKE SEWER SAD Special Assessment Y X2065 TOWERING PINES SEWER SAD Special Assessment Y X2066 MARRY ANN DRIVE SEWER SAD Special Assessment Y X2112 MULTIPLE CONTRACT SEWER SAD Special Assessment y X2393 TAMERACK LAKE SEWER SAD Special Assessment Y X2565 LIVINGSTON COUNTY WATER AUTHORITY Special Assessment Y X2574 LIVINGSTON COUNTY WATER AUTHORITY Special Assessment y X3008 COMMUNITY DR ROAD MAINTENANCE Special Assessment y X3009 CRYSTAL DRIVE ROAD MAINTENANCE Special Assessment y X3012 NORENE DR, PEARY DR ROAD MAINTENANCE Special Assessment y X3093 BUHL DRIVE ROAD IMPROVEMENT Special Assessment Y 06/09/ of 3 Page 68 of 132

71 ADDITIONAL FULL NAME OF CHARGE TYPE BOND PAYMENT CONTRACT AND CHARGE CODE (SAD = SPECIAL ASSESSMENT DISTRICT) OTHER PAYMENTS X3119 HURON RIVER ROAD IMPROVEMENT Special Assessment Y X3129 INDIANOLA, GALLAGER ROAD IMPROVEMENT Special Assessment Y X3137 DOWNING DRIVE ROAD IMPROVEMENT Special Assessment Y X3139 DOWNING DR ROAD MAINTENANCE Special Assessment y X3142 MIDLAND DRIVE ROAD MAINTENANCE Special Assessment y X3152 KINGSTON DR ROAD MAINTENANCE Special Assessment y X3633 SCOTT ROAD MAINTENANCE Special Assessment y X3634 RUSTIC RD, LAKEPOINT DR ROAD MAINTENANC Special Assessment y X3770 RIVERSIDE, CENTURY, LAGOON DR ROAD MAINTSpecial Assessment y X3780 CAMPBELL ROAD MAINTENANCE Special Assessment y X3800 EDGELAKE DR, BURTON DR ROAD MAINTENANCSpecial Assessment y X3930 WINNANS DRIVE ROAD MAINTENANCE Special Assessment y XL1402 PORTAGE LAKE, BASELINE LAKE DRAIN Drain y XM1303 KNOLLWOOD HILLS DRAIN Drain y 06/09/ of 3 Page 69 of 132

72 H A M B U R G T O W N S H I P Winter 2014 Taxes Special Assessment Payment Detail ALL CONTRACT S.A.D. s Dollar Amounts TAMARACK LAKE SEWER x2393 Dollar Amounts Levy Amount Vary % Levy Amount WATER PHASE 1 Principal Portion Vary 2014 is payment #18 Principal Portion Interest Portion Vary Interest Portion GALATIAN x2055 WHITE / CORN / GALL SEWER x Levy Amount % Levy Amount is payment #11 Principal Amount is payment #14 Principal Portion Interest Amount Interest Portion RUSH LAKE x2053 MUMFORD PK DREDGE x Levy Amount Levy Amount is payment #11 Principal Portion is payment #11 Principal Portion Interest Portion Interest Portion BUCK LAKE SEWER x2064 TOWERING PINES SEWER x % Levy Amount % Levy Amount is payment # 14 Principal Portion is payment #14 Principal Portion Interest Portion Interest Portion ONEIDA/M-36 x2054 MARY ANN DR SEWER x Levy Amount % Levy Amount is payment #11 Principal Amount is payment #14 Principal Portion Interest Amount Interest Portion /09/2015 Page 70 of 132

73 H A M B U R G T O W N S H I P Winter 2014 Taxes Special Assessment Payment Detail BUHL DR. RD IMP Dollar Amounts HURON RIVER RD IMP X3119 Dollar Amounts X3093 Levy Amount Vary % Levy Amount INDIANOLA/ GALLACHER RD. IMP X Levy Amount DOWNING DR. RD. IMP X is payment #5 Principal Portion % 2014 is payment #9 Principal Portion Interest Portion Levy Amount Interest Portion is payment #5 Principal Portion Interest Portion /09/2015 Page 71 of 132

74 H A M B U R G T O W N S H I P Winter 2011 Taxes Special Assessment Payment Detail HURON RIVER RD IMP x3119 BUHL DR. RD IMP x Levy Amount Levy Amount is payment #6 Principal Amount is payment #9 Principal Amount Interest Amount Interest Amount SHANG RI LA RD IMP x3121 DOWNING DR. RD IMP x Levy Amount Levy Amount is payment #6 Principal Amount is payment #2 Principal Amount Interest Amount Interest Amount INDIANOLA/ GALLAGHER RD IMP x Levy Amount is payment #2 Principal Amount Interest Amount /09/2015 Page 72 of 132

75 HAMBURG TOWNSHIP MILLAGE BREAKD MILLAGE BRIGHTON PINCK/BRTN ' PINCKNEY DEXTER LEVY HOMESTAD NON - HOME HOMESTAD NON - HOME HOMESTAD NON - HOME HOMESTAD NON - HOME TOWNSHIP Allocated Police - voted Fire - voted Library Voted Fire Bond Township Rec TOTAL COUNTY Allocated-General Operations Ambulance Parks (HCMA) - voted Vets Millage TOTAL PINCKNEY COMM. SCHOOLS Operating Debt Debt TOTAL BRIGHTON AREA SCHOOLS Operating Debt Debt TOTAL DEXTER COMMUNITY SCH. Operating Debt TOTAL State Education Tax-TOTAL Livingston I.S.D TOTAL Dexter Library Dexter Library-Debt Howell Library Washtenaw I.S.D TOTAL TOTAL ALL RATES summer-h summer-n summer-h summer-n summer-h summer-n summer-h summer-n winter-h winter-n winter-h winter-n winter-h winter-n winter-h winter-n /09/2015 BRIGHTON PINCK/BRTN PINCKNEY DEXTER Page 73 of 132

76 TAB 5 MONTHLY BANK BALANCE AND INVESTMENT REPORT 06/09/2015 Page 74 of 132

77 TAB 5 COMPRENHENSIVE MONTHLY BANK/INVESTMENT REPORT This Tab includes; 1) Name of financial institution 2) Name and type of account 3) Amount in the account 4) Interest Rate 5) Maturity date of CD/investment, if applicable For future investments in CDs, CDs will be laddered so that one or more matures every month. This will insure that funds are invested for optimal earnings while keeping funds available for day-to-day expenses. When viewing the figures it must be remembered that the accounts include funds available for Township use and funds that are only available for Bond payments. The latter includes the SAD (Special Assessment District) payments. The Pooled account in our central bank, Chase, contains taxes collected but not yet distributed to our schools and other municipalities, all other Township income plus an excess balance necessary to offset monthly bank fees. Hamburg is required to distribute all collected funds after the first and fifteenth of the month. The collection of $27,000, a year in taxes plus all other Township income causes the pooled account to have a very wide swing every month. 06/09/2015 Page 75 of 132 1

78 TAB 5 BANK SUMMARY BANK Sum of Total Balance Balance verified as of Date below CHASE $ 7,028, /30/2015 MBIA $ 638, /30/2015 FLAGSTAR $ 2,880, /30/2015 HUNTINGTON $ 200, /30/2015 MORGAN STANLEY $ 450, /30/2015 LEVEL ONE $ 249, /30/2015 FIRST NATIONAL $ 249, /30/2015 COMERICA $ 250, /30/2015 FIRST MERIT $ 248, /30/2015 Total $ 12,195, /09/2015 Page 76 of 132

79 MBIA Monthly Statements April 30, 2015 BANK ACCOUNT NAME INTEREST RATE CURRENT BALANCE Notes MBIA POOLED 0.10% 638, *** Bank Total 638, pooled*** 06/09/2015 Page 77 of 132

80 Flagstar Bank CDARS CD'S Monthly Report April 30,2015 ACCOUNT NAME INVESTMENT NAME INVESTMENT/RENEWAL DATE MATURITY DATE INTEREST RATE CURRENT BALANCE Notes 1998 SEWER SAD HAPPY STATE BANK 4/16/2015 4/16/ % 56, SAD CONSTRUCTION HAPPY STATE BANK 4/16/2015 4/16/ % 60, SAD CONSTRUCTION BB& T 4/23/2015 4/21/ % 143, SAD CONSTRUCTION PRIVATE BANK AND TRUST 1/8/2015 7/9/ % 54, SAD CONSTRUCTION BB& T 7/31/2014 7/30/ % 4, SAD CONSTRUCTION PRIVATE BANK AND TRUST 7/31/2014 7/30/ % 56, SAD CONSTRUCTION BB& T 10/16/ /15/ % 42, SAD CONSTRUCTION UNITED BANK 7/17/2014 7/16/ % 151, SAD CONSTRUCTION BB& T 10/30/ /29/ % SAD CONSTRUCTION WESTERN ALLIANCE BANK 10/30/ /29/ % 180, HEY CREEK ENGINEERING BOKF NATIONAL ASSOCIATION 1/29/2015 7/30/ % 26, HEY CREEK CONSTRUCTION BB& T 10/31/ /29/ % 39, POOLED MB FINANCIAL BANK 3/12/2015 6/11/ % 122, POOLED THE PRIVATE BANK AND TRUST COMPANY 3/12/2015 6/11/ % 130, POOLED MECHANICS & FARMERS BANK 12/4/2014 6/4/ % 200, POOLED IBERIABANK 12/26/2014 6/25/ % 200, POOLED BOKF NATIONAL ASSOCIATION 1/29/2015 7/30/ % 100, POOLED NEWBRIDGE BANK 2/19/2015 5/21/ % 126, POOLED BANCO POPULAR DE PUERTO RICO 3/26/2015 9/24/ % 45, POOLED STEUBEN TRUST COMPANY 3/26/2015 9/24/ % 155, POOLED FIRST AMERICAN BANK 11/6/2015 5/7/ % 101, POOLED PROSPERITY BANK 11/13/2014 5/14/ % 30, POOLED MONARCH BANK 3/5/2015 6/4/ % 126, POOLED BUSINESS FIRST BANK 5/8/2014 5/7/ % 139, POOLED WESTERN ALLIANCE BANK 5/8/2014 5/7/ % 60, GENERAL FUND MONARCH BANK 3/5/2015 6/4/ % 101, GENERAL FUND SANTANDER BANK 4/9/2015 7/9/ % 154, GENERAL FUND HAPPY STATE BANK 4/23/ /22/ % 41, POOLED CD TERMS 546 DAYS 8/15/ % 22, POOLED CD TERMS 90 DAYS 3/20/2015 6/18/ % 50, POOLED CD TERMS 233 DAYS 2/18/ /9/ % 50, POOLED CD TERMS 231 DAYS 1/21/2015 9/9/ % 50, POOLED CD TERMS 216 DAYS 4/10/ /12/ % 50, STAR Bank Total 2,880, /09/2015 Page 78 of 132

81 Chase Bank Monthly Report April 30, 2015 BANK ACCOUNT NAME S CURRENT BALANCE CHASE BANK POOLED 7,014, CHASE BANK STATE DRUG NON ADJ CHASE BANK HEALTH REIMBURSEMENT 3, CHASE BANK FEDERAL DRUG % 10, CHASE BANK STATE DRUG ADJ CHASE BANK DISBURSEMENT - CHASE BANK PAYROLL - BANK TOTAL 7,028, /09/2015 Page 79 of 132

82 Huntington Bank Monthly Report April 30, 2015 ACCOUNT NAME INVESTMENT TYPE Investment/Renewal Date MATURITY DATE INTEREST RATE CURRENT BALANCE Notes POOLED CD 3/5/2015 6/3/ % 50, POOLED CD 12/8/ /5/ % 50, POOLED CD 2/3/2015 8/3/ % 50, POOLED CD 5/13/ % 50, TOTAL 200, /09/2015 Page 80 of 132

83 FIRST NATIONAL MONTHLY REPORT April 30, 2015 ACCOUNT NAME INVESTMENT TYPE Investment/Renewal Date MATURITY DATE INTEREST RATE CURRENT BALANCE Notes POOLED CD 11/21/ /21/ % 49, POOLED CD 5/21/2014 5/21/ % 100, POOLED CD 5/21/ % 100, , /09/2015 Page 81 of 132

84 First Merit Bank Monthly Report April 30, 2015 t ACCOUNT NAME INVESTMENT TYPE Investment/Renewal Date MATURITY DATE INTEREST RATE CURRENT BALANCE POOLED CD 1/12/2015 6/22/ % 98, POOLED CD 11/12/2014 5/11/ % 100, POOLED CD 2/11/2015 8/17/ % 50, TOTAL 248, /09/2015 Page 82 of 132

85 MORGAN STANLEY-SMITH BARNEY Monthly Report April 30, 2015 NAME INVESTMENT NAME TYPE INVEST/RENEW MATURITY DATE INTEREST RATE CURRENT BALANCE POOLED GENERAL ELECTRIC COMMERCIAL PAPER 3/25/2015 9/21/ % 450, POOLED MMF MONEY MARKET 1.78 TOTAL 450, /09/2015 Page 83 of 132

86 LEVEL ONE MONTHLY REPORT April 30, 2015 ACCOUNT NAMEINVESTMENT NAME TYPE INVEST/RENEWAL MATURITY DATE INTEREST RATE CURRENT BALANCE POOLED LEVEL ONE CD 5/1/2014 5/1/ % 50, POOLED LEVEL ONE CD 6/4/2014 6/4/ % 100, POOLED LEVEL ONE CD 3/10/2014 7/15/ % 50, POOLED LEVEL ONE CD 2/13/2015 8/17/ % 49, TOTAL 249, /09/2015 Page 84 of 132

87 Comerica Bank Monthly Report April 30, 2015 ACCOUNT NAMENVESTMENT NAM TYPE INVEST/RENEWALMATURITY DATE INTEREST RATE CURRENT BALANCE POOLED COMERICA CD 2/12/2015 4/25/ % 125, POOLED COMERICA CD 2/18/2015 8/18/ % 125, POOLED MONEY MARKET INT 3/25/2015 3/25/ , /09/2015 Page 85 of 132

88 TAB 6 INVESTMENT POLICY 06/09/2015 Page 86 of 132

89 10405 Merrill Road P.O. Box 157 Hamburg, MI Phone: Fax: SUMMARY PAGE ISSUE ACTIONS TAKEN ACTIONS TO BE TAKEN Investment in Long-Term Securities All invested funds have been placed in short term investments, 2 years or less, and are fully insured or collateralized. None 06/09/2015 Page 87 of 132

90 INVESTMENT POLICY Hamburg Township Livingston County, Michigan INVESTMENT POLICY (NOVEMBER 5, 2009) 1.0 Purpose It is the policy of Hamburg Township to invest public funds in a manner, which will provide maximum security with the highest investment return while meeting the daily cash flow demands of the Township and conforming to all State statutes and local Ordinances governing the investment of funds. 2.0 Scope This investment policy applies to all transactions involving the financial assets and related activity of the Township except for its employee pension funds and employee deferred compensation funds that are organized and administered separately. These funds are accounted for in the annual report and include the following funds: General Fund Enterprise Fund Capital Improvement Fund Trust and Agency Fund Road Fund Police Fund Fire Fund Park Land Purchase Fund Drug Enforcement Fund Special Assessment Funds Any new funds created by the Township Board, unless specifically exempted by the Township board 3.0 Investment Objectives Funds of the Township will be invested in accordance with Michigan Public Act 20 of the Public Acts of 1943, as amended, and in accordance with the following objectives in order of priority. 3.1 Safety Safety of principal is the foremost objective of the investment program. The primary objective of the Hamburg Township investment activities is the preservation of capital in the overall portfolio and the protection of investment principal. 3.2 Diversification The investments shall be diversified or restricted by specific maturity dates, individual financial institution(s) or a specific class of securities as may be set forth by Board amendment to this policy and in order that potential losses on individual securities do not exceed the income generated from the remainder of the portfolio. 3.3 Liquidity The investment portfolio will remain sufficiently liquid to enable Hamburg Township to meet operating requirements that might be reasonably anticipated. Further, it is specifically intended that an investment strategy that ensures short term (two years or less) versus longer term be followed. 3.4 Return on Investment Subject to the foregoing constraints, Hamburg Township will strive to maximize the return on the investment portfolio. The portfolio shall be designed with the objective of obtaining a rate of return appropriate to existing budgetary and economic cycles, taking into account the investment risk constraints and cash flow characteristics of the portfolio. 06/09/2015 Page 88 of 132

91 INVESTMENT POLICY 4.0 Delegation of Authority Responsibility for the establishment of the Township s Investment Policy rests solely with the Township Board of Trustees. Authority to manage the investment program related to implementation of the Township Investment Policy is derived from MCL 41.75, as amended. Management responsibility for the investment program is hereby delegated to the Township Treasurer (Investment Officer), who shall establish written procedures and internal controls for the operation of the investment program, consistent with this investment policy. No person may engage in investment transactions except as provided under the terms of this policy and the procedures established by the Investment Officer. The Investment Officer shall be responsible for all transactions undertaken and shall establish a system of controls to regulate the activities of subordinate officials. The Board shall appoint an Investment Committee whose sole purpose shall be to advise the Treasurer on overall Banking, Depository and Investment strategy, Primary banking structure and relationship and specific investment selection and evaluation of the Township s Investment portfolio. The committee shall consist of the Director of Accounting, the Deputy Treasurer and two members of the Township s Board of Trustees. 5.0 Ethics and Conflict of Interest Officers and employees, including any officials appointed to an Investment Committee by the Township Board, shall refrain from personal business activity that could conflict with proper execution of the investment program, or which could impair their ability to make impartial investment decisions. Employees, Investment Committee members, and investment officials shall disclose to the Township Board any material financial interest in financial institutions that conduct business with this Township and they shall disclose any large personal financial/investment positions that could be related to the performance of the Township s portfolio. Employees, Investment Committee members, and officials shall subordinate their personal investment transactions to those of the Township particularly with regard to the timing of purchases and sales. 6.0 Qualified Financial Dealers and Institutions The Township shall maintain a listing of depositories and financial institutions, which are approved by the Township Board for depository and investment services by the Board of Trustees. In addition, the list will include approved security broker/dealers, who maintain an office in the State of Michigan or who are primary dealers or regional dealers that quality under Security & Exchange Commission Rule15C3-1. No public deposit shall be made except in a qualified public depository as established by State statute. All financial Institutions and broker/dealers who desire to become qualified bidders for investment transactions must supply to the Treasurer and the Board, at minimum, their quarterly and annual audited financial statements for the most recent fiscal year, certification of having read the Hamburg Township investment policy and the pertinent State statutes, proof of National Association of Security Dealers certification if appropriate and proof of State registration, where applicable. In addition, they must provide schedules of rates and fees for all transaction types and investment products. A periodic review of the financial condition and registration of qualified bidders will be conducted by the Township Treasurer and the Investment Committee who shall at a minimum conduct a quarterly evaluation of each bank s credit worthiness to determine whether it should be maintained on the Approved Financial Institutions listing. Changes in the financial condition of Approved Financial Institutions shall be immediately brought to the attention of the Board of Trustees with an associated recommended action for the Boards consideration. It shall be the responsibility of the Board, Investment Committee or the Treasurer to ensure compliance with these provisions. 06/09/2015 Page 89 of 132

92 INVESTMENT POLICY 7.0 Authorized and Suitable Instruments All investments shall be made in strict accordance with Public Act 20 of the Public Acts of 1943, as amended, (see attachment Investment of Surplus Funds of Political Subdivisions ) and Public Act 7 of the Public Acts of 1967, as amended (see attachment Urban Cooperation Act of 1967 ). Except as may be determined by Board Action, all deposits and investments shall be strictly segregated by Fund type. It is understood that there are times when deposits are transferred to our accounts from an external source in a comingled form with allocation instructions. These funds should be segregated as soon as possible upon receipt. 8.0 Competitive Selection of Investment Instruments 8.1 Before the Township invests any funds, competitive proposals from qualified financial institutions shall be sought. If a specific maturity date is required, whether for cash flow purposes or for conformance to maturity guidelines, proposals shall be requested for instruments that meet the maturity required. If no specific maturity is required, an analysis will be conducted to determine which maturates would be most advantageous. 8.2 Quotes will be requested from financial institutions for various options with regard to terms and instruments. The Township will accept the quotes, which provide the highest rate of return that is within the maturity term required and that comply with the parameters of the Investment Policy and particularly with regards to the safety of the investment. 8.3 Records indicating the quotes offered, the quotes accepted and brief explanation of the decision which was made regarding the investment, shall be kept for future review. 9.0 Short-Term versus Long-Term Portfolio 9.1 The Township shall attempt to match its investment maturities as closely as possible to its anticipated cash flow requirements. With the exception of Debt Service Funds, Capital Funds and Special Assessment Funds, it strongly advised that all funds be invested in instruments whose maturities do not exceed two years at the time of purchase unless specifically agreed to by the Investment Committee and reported to the Board. 9.2 Debt Service Funds, Capital Funds, and Special Assessment Funds, may be invested in securities exceeding two years provided the maturity dates match anticipated need for the funds Investment Performance and Reporting 10.1 The Treasurer shall submit to the Board a Monthly investment report that provides the following information for each investment by investment type and financial institution: principal and type of investment, annualized yield, earnings for each investment, profit or loss as appropriate type and nature of insurance, asset collateralization and/or other form of investment security maturity date of the investment percentage of funds and type of investment at each financial institution 10.2 Information indicating a loss or prospective loss of capital on existing instruments and material deviations from projected investment strategies shall be reported immediately to the Board of Trustees. 06/09/2015 Page 90 of 132

93 INVESTMENT POLICY 10.3 A Comprehensive Financial Condition Report shall be developed cooperatively by the Treasurer, Director of Accounting, Chief Budget Officer and Assessor and presented to the Board of Trustees at its second Board meeting each month. The report will address each of the following in summary and in detail: Tab 1 Budget & Financial Status Tab 2 Cash Flow Analysis Tab 3 Major Issues Tab 4 Delinquent Taxes Tab 5 Comprehensive Investment Report Tab 6 Current Investment Policy Tab 7 Five Year Forecast 11.0 Access to Financial Information 11.1 By resolution the Hamburg Board of Trustees has determined that the following Officers shall have the right to all financial and investment information (including on line read only access) from all depositories and financial institutions with whom the Township does business: Township Supervisor Township Clerk Township Treasurer and Deputy Treasurer Township Trustees (4) Township Director of Accounting Township Attorney 11.2 Additionally by resolution the Hamburg Board of Trustees has determined that the following employees shall have the right to all financial and investment information (including on line read only access) from all depositories and financial institutions with whom the Township does business for Library Accounts: Director of the Library Library Accountant 12.0 Safekeeping and Custody 12.1 All security transactions including collateral for repurchase agreements and institution deposits entered into by the Township shall be on a cash (or delivery vs. payment) basis. Securities may be held by a third party custodian designated by the Treasurer and evidenced by safekeeping receipts as determined by the Treasurer A Trust Receipt from the contra-party and proof of SIPC and other insurance will be required when the transaction is covered by insurance. Non-negotiable, noncollateralized Certificates of Deposit, as in the law in the State of Michigan shall be evidenced by safekeeping receipt from the issuing bank Prudence 13.1 Investments shall be made with judgment and care, under circumstances then prevailing, which persons of prudence, discretion, and intelligence exercise in the management of their own affairs, not for speculation but for investment, considering the probable safety of their capital as well as the probable income to be derived Effective Date 14.1 This policy shall become effective on November 6, 2009, the day following adoption by the Hamburg Township Board Amendment 15.1 This Investment Policy and its associated Investment Procedures may be amended from time to time by a majority vote of the Hamburg Township Board of Trustees. 06/09/2015 Page 91 of 132

94 INVESTMENT POLICY CERTIFICATION I, hereby certify that I have received a copy of the Investment Policy of Hamburg Township. I have read and fully understand the State of Michigan Public Act 20 of Public Acts of 1943, as amended. I have personally read the Investment Policy, and agree to comply with the terms of the Investment Policy, and Public Act 20, regarding the investment of the Township funds. Any investment not conforming to your Investment Policy will be disclosed promptly. We also pledge to exercise due diligence in informing you of all foreseeable risks associated with financial transactions conducted with your Township. By: Its: Date Institution Address City/State/Zip INVESTMENT POLICY HAMBURG TOWNSHIP BOARD APPROVAL DATE: November 5, 2009 (See Attachment Page Approved Financial Institutions) (See Attachment Investment of Surplus Funds of Political Subdivisions Act 20 of 1943 ) (See Attachment Urban Cooperation Act of /09/2015 Page 92 of 132

95 Hamburg Township Approved Financial Institutions Revised December 3, 2013 Brighton Commerce Bank 8700 No. Second Street Brighton, MI Charter One Bank Government Banking Franklin Road Southfield, MI PNC 207 N. Michigan Ave Howell, MI Huntington Bank 801 W. Big Beaver Rd. Troy, MI Comerica Bank Municipalities Group PO Box Detroit, MI Fifth Third Bank Public Funds Banking 1000 Town Center, Suite 1400 Southfield, MI FirstMerit Bank (Citizens Republic) Government Banking 328 S. Saginaw St. Flint, MI First National Bank 101 East Grand River Howell, MI Flagstar Bank Public Funds Group 5151 Corporate Drive Troy, MI JP Morgan Chase Municipal Banking Group 620 S. Capitol Ave Lansing, MI Level One Hamilton Ct Farmington Hills, MI MBIA Asset Management Group 3135 S. State Street, Suite 108 Ann Arbor, MI MBS Multi Bank Securities Woodward Avenue Pleasant Ridge, MI Michigan Liquid Asset Fund 305 E. Eisenhower Parkway, Suite 305 Ann Arbor, MI MorganStanley/SmithBarney West 12 Mile Rd, Suite 101 Farmington Hills, MI /09/2015 Page 93 of 132

96 TAB 7 FIVE YEAR FORECAST FOR THE TOWNSHIPS GENERAL FUND, POLICE FUND, FIRE FUND AND PARKS & RECREATION/SENIOR CENTER FUND. CAPITAL RESERVES FOR ABOVE FUNDS 06/09/2015 Page 94 of 132

97 10405 Merrill Road P.O. Box 157 Hamburg, MI Phone: Fax: FIVE-YEAR FORECAST Tab 7 is the five-year forecast for the Township, which was updated in May Also, included is the capital reserve schedule. 06/09/2015 Page 95 of 132

98 HAMBURG TOWNSHIP GENERAL FUND FINANCIAL PROJECTION VARIABLES USED IN FORECASTED NUMBERS (DOLLAR AMOUNTS IN 000'S) BASE FY FY PROJECTED PROJECTED FY 2015/16 FY FY FY PROPERTY TAXES - TAXABLE VALUE $ 899, % 2.0% 2.0% 2.0% 2.0% (AND ADMIN FEE) STATE SHARED REVENUE $ 1,579 1% 1% 1% 1% 1% OTHER REVENUES 0% 0% 0% 0% 0% SALARY INCREASES $ 1,012 3% 3% 3% 3% 3% HEALTH INSURANCE $ % 5.0% 5.0% 5.0% 5.0% OTHER OPERATING COSTS 2% 2% 2% 2% 2% BUILDING/MAUSOLEUM DEBT $ 22 $ 22 $ 22 $ 22 $ 22 $ WATER WELL DEBT $ 115 $ 114 $ 107 $ 131 $ 129 $ 127 TRANSFER TO POLICE OPERATING $ 400 $ 615 $ 600 $ 600 $ 300 $ 300 TRANSFER TO FIRE OPERATING $ 112 $ 100 $ 100 $ 100 $ 100 TRANSFER TO REC OPERATING $ 52 $ 52 $ 50 $ 50 $ 50 $ 50 NO ADDITIONS TO FULL OR PART-TIME STAFF THROUGH 2018/19 RETIREMENT & FICA EXPENSES ARE DIRECTLY TIED TO SALARIES AND WILL ALSO BE ASSUMED TO INCREASE 3% STATE SHARED REVENUE FOR 13/14 IS PROJECTED FROM STATE WEBSITE PROJECTED AT 1% INCREASE ANNUALLY FOR 14/15-18/19 06/09/2015 ] Page 96 of of 9

99 HAMBURG TOWNSHIP GENERAL FUND FINANCIAL PROJECTION DOLLAR AMOUNTS IN 000'S PROJECTED ACTUAL ACTUAL ACTUAL ACTUAL ACTUAL BUDGET FY FY FY FY FY FY FY FY FY FY 2009/ / / / /14 ASSUMPTIONS 2014/ / / / /19 REVENUES: PROPERTY TAXES SEE VARIABLES TAB PROP TAX ADMIN FEE SEE VARIABLES TAB STATE SHARED REVENUE 1,302 1,428 1,520 1,551 1,579 SEE VARIABLES TAB 1,605 1,621 1,637 1,654 1,670 CABLE FRANCHISE FEE NO INCREASE ADMIN FEE FROM SEWER FUND NO INCREASE INTEREST REVENUE ALL OTHER SEE VARIABLES TAB TOTAL REVENUES & TRANSFERS 3,081 3,102 3,229 3,220 3,267 3,208 3,245 3,283 3,321 3,360 EXPENDITURES: SALARIES AND WAGES 939 1,038 1,012 1,063 1,181 SEE VARIABLES TAB 1,219 1,255 1,293 1,332 1,372 HEALTH INSURANCE SEE VARIABLES TAB RETIREMENT VARIES WITH SALARIES FICA VARIES WITH SALARIES OTHER PERSONNEL COSTS % INCREASE ANNUALLY BLDG & MAUSOLEUM DEBT SEE VARIABLES TAB TRANSFER TO POLICE OPERATING SEE VARIABLES TAB TRANSFER TO FIRE OTHER OPERATING COSTS % INCREASE ANNUALLY TRANSFER TO WATER - DEFICIT ELIMINATION (ONE-TIME ONLY) TRANSFER TO PARKS - OPERATING TOTAL EXPENDITURES 2,724 3,145 $ 2,642 $ 2,690 $ 2,851 $ 3,137 $ 3,175 $ 3,243 $ 3,014 $ 3,087 OPERATING SURPLUS (SHORTFALL) 357 (43) $ 587 $ 530 $ 416 $ 71 $ 70 $ 39 $ 307 $ 273 FUND BALANCE - BEGINNING OF YEAR 2,413 2,769 $ 2,726 $ 3,315 $ 3,315 $ 3,731 $ 3,802 $ 3,872 $ 3,912 $ 4,219 FUND BALANCE - END OF YEAR 2,769 2,726 3,315 3,845 3,731 3,802 3,872 3,912 4,219 4,492 FUND BALANCE RESERVED FOR WATER RECEIVABLE ,066 OTHER DESIGNATED FUND BALANCE UNDESIGNATED FUND BALANCE $ 1,951 $ 2,258 $ 2,822 $ 3,271 $ 2,962 $ 2,852 $ 2,747 $ 2,587 $ 2,697 $ 2,775 $310,500 IN OTHER DESIGNATED FUND BALANCE IN 13/14 CONSISTS OF: 06/09/2015 ] Page 97 of of 9

100 $14,300 DESIGNATED FOR WEED HARVESTING $116,200 DESISNATED FOR TWP BLDGS MAINT $12,000 FOR ELECTION EQUIPMENT $20,000 FOR CABLE EQUIPMENT $15,000 FOR B&G VEHICLE $75,000 FOR B&G EQUIPMENT $9,000 FOR ZONING VEHICLE $15,000 FOR ASSESSING VEHICLE $20,000 FOR ACCOUNTING SOFTWARE REPLACEMENT $8,000 FOR ASSESSING EQUIPMENT $6,000 FOR TECHNICAL/UTILITIES EQUIPMENT HAMBURG TOWNSHIP GENERAL FUND FINANCIAL PROJECTION DOLLAR AMOUNTS IN 000'S PROJECTED ACTUAL ACTUAL ACTUAL ACTUAL ACTUAL BUDGET FY FY FY FY FY FY FY FY FY FY 2009/ / / / /14 ASSUMPTIONS 2014/ / / / /19 06/09/2015 ] Page 98 of of 9

101 HAMBURG TOWNSHIP POLICE FUND FINANCIAL PROJECTION ASSUMPTIONS USED IN FORECASTED NUMBERS (DOLLAR AMOUNTS IN 000'S) BASE FY PROJECTED FY FY 2015/16 FY FY FY PROPERTY TAXES - TAXABLE VALUE $ 899, % 2.0% 2.0% 2.0% 2.0% TRANSFER FROM GENERAL FUND $ 400 $ 615 $ 600 $ 600 $ 300 $ 300 TRANSFER FROM FORFEITURE $ OTHER REVENUES 0% 0% 0% 0% 0% SALARY INCREASES $ 1,055 3% 3% 3% 3% 3% HEALTH INSURANCE $ % 5.0% 5.0% 5.0% 5.0% OTHER OPERATING COSTS 2% 2% 2% 2% 2% 06/09/2015 ] Page 99 of of 9

102 HAMBURG TOWNSHIP POLICE FUND FINANCIAL PROJECTION DOLLAR AMOUNTS IN 000'S PROJECTED BUDGET ACTUAL ACTUAL ACTUAL ACTUAL ACTUAL ACTUAL REQUEST FY FY FY FY FY FY FY FY FY FY FY 2008/ / / / / /14 ASSUMPTIONS 2014/ / / / /19 REVENUES: PROPERTY TAXES 957 1,487 1,344 1,328 1,323 1,349 SEE VARIABLES TAB 1,374 1,401 1,429 1,458 1,487 TRANSFER FROM GENERAL FUND - OPERATING SEE VARIABLES TAB TRANSFER FROM FORFEITURE SEE VARIABLES TAB TRANS FROM G/F - BLDG DEBT FROM DEBT SCHEDULE ALL OTHER SEE VARIABLES TAB TOTAL REVENUES & TRANSFERS $ 1,873 $ 2,358 $ 2,098 $ 2,108 $ 1,967 $ 1,923 $ 2,146 $ 2,160 $ 2,188 $ 1,916 $ 1,946 OK EXPENDITURES: SALARIES AND WAGES 1, ,055 1,143 1,154 SEE VARIABLES TAB 1,242 1,267 1,292 1,318 1,345 HEALTH INSURANCE SEE VARIABLES TAB RETIREMENT VARIES WITH SALARIES RETIREE HEALTH CARE % INCREASE ANNUALLY FICA VARIES WITH SALARIES OTHER PERSONNEL COSTS % INCREASE ANNUALLY BLDG DEBT OTHER OPERATING COSTS % INCREASE ANNUALLY TOTAL EXPENDITURES $ 1,871 $ 1,877 $ 2,001 $ 1,976 $ 1,937 $ 2,033 $ 2,121 $ 2,166 $ 2,211 $ 2,258 $ 2,305 OPERATING SURPLUS (SHORTFALL) $ 2 $ 482 $ 96 $ 131 $ 30 $ (110) $ 25 $ (6) $ (24) $ (341) $ (360) FUND BALANCE - BEGINNING OF YEAR $ - $ 2 $ 484 $ 580 $ 713 $ 746 $ 746 $ 771 $ 765 $ 741 $ 400 FUND BALANCE - END OF YEAR $ 2 $ 484 $ 580 $ 713 $ 746 $ 636 $ 771 $ 765 $ 741 $ 400 $ 40 FUND BALANCE DESIGNATED FOR MERS FUND BALANCE DESIGNATED FOR VEHICLES FUND BALANCE DESIGNATED FOR LEAVE TIME P/O FUND BALANCE DESIGNATED FOR BLDG MAINT UNDESIGNATED FUND BALANCE (230) 06/09/2015 ] Page 100 of of 9

103 HAMBURG TOWNSHIP FIRE FUND FINANCIAL PROJECTION VARIABLES USED IN FORECASTED NUMBERS (DOLLAR AMOUNTS IN 000'S) BASE FY PROJECTED FY 2014/15 FY FY FY FY PROPERTY TAXES - TAXABLE VALUE $ 899, % 2.0% 2.0% 2.0% 2.0% OTHER REVENUES 0% 0% 0% 0% 0% SALARY INCREASES $ 478 3% 3% 3% 3% 3% HEALTH INSURANCE $ % 5.0% 5.0% 5.0% 5.0% OTHER OPERATING COSTS 2% 2% 2% 2% 2% TRANSFER IN FROM GENERAL FUND $ 112 $ 100 $ 100 $ 100 $ 100 RETIREMENT & FICA EXPENSES ARE DIRECTLY TIED TO SALARIES AND WILL ALSO BE ASSUMED TO INCREASE 3% 06/09/2015 ] Page 101 of of 9

104 HAMBURG TOWNSHIP FIRE FUND FINANCIAL PROJECTION DOLLAR AMOUNTS IN 000'S PROJECTED ACTUAL ACTUAL ACTUAL ACTUAL ACTUAL ACTUAL BUDGET FY FY FY FY FY FY FY FY FY FY FY 2008/ / / / / /14 ASSUMPTIONS 2014/ / / / /19 REVENUES: PROPERTY TAXES 1, SEE VARIABLES TAB TRANSFER IN FROM GENERAL FUND ALL OTHER SEE VARIABLES TAB TOTAL REVENUES & TRANSFERS $ 1,061 $ 1,012 $ 893 $ 890 $ 889 $ 949 $ 1,027 $ 1,033 $ 1,052 $ 1,071 $ 1,090 ok EXPENDITURES: SALARIES AND WAGES SEE VARIABLES TAB HEALTH INSURANCE SEE VARIABLES TAB RETIREMENT VARIES WITH SALARIES FICA VARIES WITH SALARIES OTHER PERSONNEL COSTS % INCREASE ANNUALLY BLDG DEBT OTHER OPERATING COSTS % INCREASE ANNUALLY FIRE TRUCK TOTAL EXPENDITURES $ 1,038 $ 932 $ 989 $ 1,147 $ 1,111 $ 1,041 $ 973 $ 999 $ 1,025 $ 1,052 $ 1,083 OPERATING SURPLUS (SHORTFALL) $ 23 $ 80 $ (97) $ (257) $ (222) $ (92) $ 52 $ 33 $ 26 $ 18 $ 6 FUND BALANCE - BEGINNING OF YEAR $ 1,011 $ 1,035 $ 1,115 $ 1,018 $ 761 $ 538 $ 447 $ 499 $ 532 $ 558 $ 576 FUND BALANCE - END OF YEAR $ 1,035 $ 1,115 $ 1,018 $ 761 $ 538 $ 447 $ 499 $ 532 $ 558 $ 576 $ 582 FUND BALANCE DESIGNATED FOR VEH PURCH FUND BALANCE DESIGNATED FOR SCBA FUND BALANCE DESIGNATED FOR TURN OUT FUND BALANCE DESIGNATED FOR EQUIPMENT UNDESIGNATED FUND BALANCE $ 1,035 $ 920 $ 775 $ 503 $ 495 $ 390 $ 389 $ 408 $ 420 $ 424 $ /09/2015 ] Page 102 of of 9

105 HAMBURG TOWNSHIP REC FUND FINANCIAL PROJECTION VARIABLES USED IN FORECASTED NUMBERS (DOLLAR AMOUNTS IN 000'S) BASE FY PROJECTED FY 2014/15 FY FY FY FY PROPERTY TAXES - TAXABLE VALUE $ 899, % 2.0% 2.0% 2.0% 2.0% OTHER REVENUES 0% 0% 0% 0% 0% SALARY INCREASES $ - 3% 3% 3% 3% 3% HEALTH INSURANCE $ % 5.0% 5.0% 5.0% 5.0% OTHER OPERATING COSTS 2% 2% 2% 2% 2% TRANSFER FROM GENERAL FUND $ 52 $ 52 $ 50 $ 50 $ 50 $ 50 NO ADDITIONS TO FULL-OR PART-TIME STAFF THROUGH 2018/19 RETIREMENT & FICA EXPENSES ARE DIRECTLY TIED TO SALARIES AND WILL ALSO BE ASSUMED TO INCREASE 3% 06/09/2015 ] Page 103 of of 9

106 HAMBURG TOWNSHIP REC FUND FINANCIAL PROJECTION DOLLAR AMOUNT IN 000'S PROJECTED BUDGET ACTUAL ACTUAL ACTUAL ACTUAL ACTUAL ACTUAL REQUEST FY FY FY FY FY FY FY FY FY FY FY 2008/ / / / / /14 ASSUMPTIONS 2014/ / / / /19 REVENUES: PROPERTY TAXES SEE VARIABLES TAB ALL OTHER SEE VARIABLES TAB TRANSFER IN FROM GENERAL FUND TOTAL REVENUES & TRANSFERS $ - $ 280 $ 721 $ 321 $ 329 $ 322 $ 439 $ 442 $ 446 $ 451 $ 456 ok EXPENDITURES: SALARIES AND WAGES SEE VARIABLES TAB HEALTH INSURANCE SEE VARIABLES TAB RETIREMENT VARIES WITH SALARIES FICA VARIES WITH SALARIES OTHER PERSONNEL COSTS % INCREASE ANNUALLY DNR LAND PURCHASE OTHER OPERATING COSTS % INCREASE ANNUALLY TOTAL EXPENDITURES $ - $ 124 $ 691 $ 237 $ 285 $ 282 $ 335 $ 343 $ 352 $ 361 $ 370 OPERATING SURPLUS (SHORTFALL) $ - $ 156 $ 30 $ 84 $ 44 $ 40 $ 105 $ 99 $ 94 $ 90 $ 86 FUND BALANCE - BEGINNING OF YEAR $ - $ - $ 206 $ 236 $ 320 $ 363 $ 363 $ 467 $ 566 $ 660 $ 750 FUND BALANCE - END OF YEAR $ - $ 206 $ 236 $ 320 $ 363 $ 403 $ 467 $ 566 $ 660 $ 750 $ 836 FUND BALANCE DESIGNATED FOR PARKS MAINTENANCE FUND BALANCE DESIGNATED FOR LL TRAIL MAINT FUND BALANCE DESIGNATED FOR SR CTR MAINT FUND BALANCE DESIGNATED FOR EQUIPMENT UNDESIGNATED FUND BALANCE $ - $ 156 $ 153 $ 192 $ 183 $ 170 $ 235 $ 281 $ 323 $ 360 $ /09/2015 ] Page 104 of of 9

107 CAPITAL RESERVE - DPW ESTIMATED RESERVE RESERVE FORECASTED TOTAL LIFE/YEARS DATE YEAR TO REPLACMENT BALANCE BALANCE BALANCE DESCRIPTION/ # UNITS COST TO REPLACE ACQUIRED REPLACE COST JUNE 30, Jun-13 JUNE 30, 2014 GRINDER PUMPS /2900 $11,627, VARIOUS VARIOUS REPAIRED MAINS,VALVES,APPUR $5,575, VARIOUS VARIOUS A & B WASTE WATER TREATMENT PLANT $18,200, VARIOUS VARIOUS A & B WWTP - LAND $1,330, VARIOUS A & B MACHINERY/EQUIP $108,000 7 VARIOUS VARIOUS A & B EQUIPMENT $56,000 7 VARIOUS VARIOUS A & B OFFICE EQUIPMENT $14, VARIOUS VARIOUS A & B COMPUTERS $2,200 7 VARIOUS VARIOUS EXPENSE TRUCKS (4) $90,000 7 $20,000 $30,000 PUMP STATIONS $765, A & B ODOR CONTROL $64, A & B FIBRE OPTICS $19, NA RUSH LAKE LOT $64, TRACTOR LOADER BACKHOE $24, $35,000 EQUIPMENT RESERVE, BOND COVENANT INFASTRUCTURE CASH RESERVE FOR GRINDERS $1,427,577 $1,427,577 $1,432,926 A $332,635 $332,635 $332,635 B $15,000 $30,000 $75,000 TOTAL $1,775,212 $1,790,212 $1,870,561 6/13/ CAPITAL RESERVE 2014DPW 06/09/ of 6 Page 105 of 132

108 CAPITAL RESERVE - FIRE DEPARTMENT ESTIMATED RESERVE RESERVE FORECASTED TOTAL LIFE/YEARS DATE YEAR TO REPLACMENT BALANCE BALANCE RESERVE DESCRIPTION/ # UNITS COST TO REPLACE ACQUIRED REPLACE COST JUNE 30, Jun-13 JUNE 30, 2014 STATION 11 $355, NA STATION 11 $1,226, NA STATION 12 $2,776, NA TRAINING TOWER $322, NA STATION 11 - LAND $15,000 NA 1981 NA NA STATION 12 - LAND $500,000 NA 2007 NA NA STATION 11 - LOT RESURFACE $39, ,000 SCBA REFILL STATION $39, ,000 EXTRICATION EQUIPMENT $27, ,000 THERMAL IMAGERS $26, ,000 SCOTT AIR PAK $157, VARIOUS ,000 $28,000 TURNOUT GEAR $20,000 5 VARIOUS VARIOUS EXPENSED FIRE SAFETY HOUSE $29, ?????????????? ATV MULE $12, ,000 COPIER $6, ,000 COPIER $4, ,000 FURNITURE - STATION 11 $20, ,000 FURNITURE - STATION 12 $33, ,000 TANKER 11 $315, ,000 PUMPER 12 $355, ELIMINATE ELIMINATE ELIMINATE ELIMINATE ELIMINATE RESCUE 12 $47, ELIMINATE ELIMINATE ELIMINATE ELIMINATE ELIMINATE RESCUE 11 $87, ELIMINATE ELIMINATE ELIMINATE ELIMINATE ELIMINATE CHIEF 1 $34, ,000 MEDICAL 11 $35, ,000 CHIEF 10 $35, ,000 MEDICAL 12 $35, ,000 INSPECTOR VEHICLE $22, ,000 ENGINE 11 $180, ,000 BRUSH 11 $30, ,000 AIR BOAT $40, ,000 ENGINE 12 $370, ,000 TANKER 12 $360, ,000 UTILITY 12 $61, ,000 EQUIPMENT, TOOL, SAW, FAN $50, VARIOUS VARIOUS 60,000 EXPENSE EXPENSE EXPENSE 206 UNDESIGNATED CAPITAL EQUIPMENT $505,458 $415,594 $362,292 $46,000 ####### #### 6/13/ CAPITAL RESERVE 2014FIRE 06/09/ of 6 Page 106 of 132

109 CAPITAL RESERVE - POLICE DEPARTMENT ESTIMATED RESERVE RESERVE RESERVE TOTAL LIFE/YEARS DATE YEAR TO REPLACMENT BALANCE BALANCE BALANCE DESCRIPTION/ # UNITS COST TO REPLACE ACQUIRED REPLACE COST JUNE 30, Jun-13 JUNE 30, 2014 STATION $1,635, NA MUG SHOT SOFTWARE $10, $6,000 LIVESCAN FINGER PRINT STN. $36, $40,000 PARKING LOT $25, $35,000 B CAR PORT/STORAGE GARAGE $21, $35,000 NIGHT VISION BINOCS $13, $6,000 POLARIS RANGER $9, $12,000 NIKON CAMERA & ADAPTER $2, $1,500 L-3 CAR VIDEO $43, $35,000 FURNITURE $22, $32,000 GPS TRACKING SYSTEM $7, $4,000 FLOORING $10, $18,000 B STATION CAMERA $24, $20,000 LANIER COPIER $6, $4,500 SMART SPEED CART $13, $18,000 C BOSTON WHALER BOAT $6, $10,000 C LAWNET EDGE #3183 $26, $26,000 C DEA VEHICLE # N A $27, $28,000 C CV #3093 $20, $28,000 C CV #3177 $20, N A $28,000 C CV #3187 $20, $28,000 C CV #3189 $20, $28,000 C CV #3179 $20, N A $28,000 C SUV #3181 $26, $28,000 C SUV # Chief $26, $28,000 C SUV #3443 $26, $28,000 C INT #3323 $26, $28,000 C SUV #3321 $26, $28,000 C RETIREE LEAVE PAYOUT A 27,019 42,019 44, BUILDING MAINTENANCE B 22,970 32,970 47, VEHICLE PURCHASE C 52,475 62,475 57,185 UNDESGNATED 488, , ,398 TOTAL 591, , ,869 6/13/ CAPITAL RESERVE 2014POLICE 06/09/ of 6 Page 107 of 132

110 CAPITAL RESERVE - LAKELANDS TRAIL, SENIOR/COMMUNITY CENTER, RECREATION ESTIMATED RESERVE RESERVE FORECASTED TOTAL LIFE/YEARS DATE YEAR TO REPLACMENT BALANCE BALANCE RESERVE DESCRIPTION/ # UNITS COST TO REPLACE ACQUIRED REPLACE COST JUNE 30, Jun-13 JUNE 30, 2014 WEST CONCESSION STAND $71, NA A SENIOR/COMMUNITY CENTER $508, NA NA NA SENIOR/COMMUNITY CENTER - ROOF $21, $50,000 D BENNETT EAST ACRES $135,000 NA 1978 NA NA NA BENNETT WEST ACRES $208,600 NA 1992 NA NA NA WET LAND, PETTYS - 6 ACRES $6,415 NA 2003 NA NA NA PLAYGROUND EQUIPMENT EAST $33,790 CONTINUAL 2000 NA B IRRIGATION SYSTEM $80, CONTINUAL NA NA WEST BOARD WALK $369, $600,000 A PLAYGROUND EQUIPMENT WEST $35,280 CONTINUAL 2002 CONTINUAL NA B SOCCER FIELD EXC. $70,110 NA 1998 NA NA NA SENIOR CENTER PARKING LOT $26, $55,000 D LAKELANDS TRAIL $1,645, CONTINUAL NA C FLYER PARKING LOT $5,779 GRAVEL 2010 NA NA A DITCH BANK MOWER $5,971 Sell 2008 Never $0 NA JD 1545 FRONT MOWER $26, $35,000 B VOLLEY BALL COURT $5, $10,000 B BAL PARK $17,500 A $40,000 $47,500 EQUIPMENT $20,000 B $60,000 $80,000 TRAIL $52,250 C $82,250 $97,250 SENIOR/COMMUNITY BLDG $29,430 D $50,000 $60,000 UNDESIGNATED $178,749 $118,085 ($16,043) TOTAL $297,929 $350,335 $268,707 6/13/ CAPITAL RESERVE 2014TR, SEN, REC 06/09/ of 6 Page 108 of 132

111 CAPITAL RESERVE - TOWNSHIP GENERAL FUND ESTIMATED RESERVE RESERVE RESERVE TOTAL LIFE/YEARS DATE YEAR TO REPLACMENT BALANCE BALANCE BALANCE DESCRIPTION/ # UNITS COST TO REPLACE ACQUIRED REPLACE COST JUNE 30, Jun-13 JUNE 30, 2014 TOWNSHIP HALL $598, NA NA TOWNSHIP HALL $1,223, NA NA HVAC UNIT - HALL $83, ,000 B CARPET - HALL $28, ,000 B ROOF - HALL $43, ,000 B PHONE SYSTEM, MITEL 3300 $38, ,000 D BS&A SOFTWARE $84, ,000 F CABLE TV EQUIPMENT $40, VARIOUS VARIOUS VARIOUS FRANCHISE FEE NEXTEL TOWER - LAND $1,000 NA 1998 NA NA NA PARKING LOT - HALL $26, ,000 B DELL PROJECTOR $2, ,500 D BALLOT BOXES/TABULATORS $42, ,000 C COPIER $6, ,000 D FURNITURE $32, ,000 D JEEP - ZONING $15, ,000 E EDGE - ASSESSING $25, ,000 E NETWORK/SERVERS $60,000 7 VARIOUS VARIOUS 60,000 EXPENSE NETWORK/SWITCH $10,000 7 VARIOUS VARIOUS 10,000 EXPENSE COMPUTERS $32,000 6 VARIOUS VARIOUS 30,000 EXPENSE TRUCKS (2) $42, ,000 E GENERAL FUND BALANCE RESERVE RESERVE BALANCE HURON RIVER WEED HARVEST $14,000 A $14,300 $16, TOWNSHIP BUILDINGD MAINTENANCE $56,200 B $116,200 $136, ELECTION EQUIPMENT $4,000 C $12,000 $16, EQUIPMENT $22,500 D $129,000 $154, VEHICLES $13,000 E $39,000 $46,000 WATER RECEIVABLE $343,482 $457, RESERVE SOFTWARE $0 F $20,000 $30,000 DESIGNATED TOTAL $109,700 $104,000 $855, UNDESIGNATED BALANCE $2,637,798 $3,495,057 $3,281,883 TOTAL $2,747,498 $3,599,057 $4,137,415 6/13/ CAPITAL RESERVE 2014TWP GEN 06/09/ of 6 Page 109 of 132

112 CAPITAL RESERVE - CEMETERY ESTIMATED RESERVE RESERVE RESERVE TOTAL LIFE/YEARS DATE YEAR TO REPLACMENT BALANCE FISCAL YEAR BALANCE DESCRIPTION/ # UNITS COST TO REPLACE ACQUIRED REPLACE COST JUNE 30, /13 JUNE 30, 2014 MAUSOLEUM $257, NA NA $0 $0 HAMBURG CEMETERY $30, NA NA $0 $0 PLACEWAY CEMETERY $4, NA NA $0 $0 NORTH HAMBURG CEMETERY $16, NA NA $0 $0 MOWER $3, $0 $0 $0 GRAVE DIGGER $12, $0 $0 $0 In fiscal year 12/13, $10,000 for North Hamburg Cemetery development and $2000 for mausoleum marketing 6/13/ CAPITAL RESERVE 2014CEMETERY 06/09/ of 6 Page 110 of 132

113 TAB TO 2013 FUND REVENUE AND EXPENDITURES REPORTS 2010 to 2014 TAX ROLL DISTRIBUTION CHARTS DIRECTIONS TO ACCESS HAMBURG S DASHBOARD AND CITIZENS GUIDE 06/09/2015 Page 111 of 132

114 (The source of this report is from Hamburg's Citizens Guide which is stored on the Munetrix Metrix System. See the procedure at the end of this TAB for access to this plus additional financial and statistical information.) Hamburg Township Historic Data Report Description Revenues Federal contributions State Revenue Sharing General Fund All Other Governmental Funds Enterprise Funds Component Units Totals 9,100 9,100 1,440,474 1,440,474 State contributions 121,219 9, ,138 Property taxes 743,648 2,787, ,362 3,928,658 Licenses and Permits Other services (parking, airports, housing, etc.) Interest, Rents & Royalties 295, , ,242 19,331 1,977,931 5,572 2,493,076 33,738 32, ,458 6, ,404 Other Revenue 52, , , ,427 1,292,824 Transfers In 36,500 1,727,905 1,764,405 Total Revenues 3,092,955 5,692,464 2,501, ,282 11,845,668 Expenditures Police Department 108,205 3,111,639 3,219,844 Fire Department 0 0 General Government Public Works Department Recreation & Culture 1,683,621 23,785 1,707, ,315 67, , , ,951 Library 554, ,462 Utilities 2,300,940 2,300,940 Debt Service 830, ,947 Capital Outlay & Special Items 440,315 50, ,005 Transfers Out 1,195, ,075 1,502,820 Total Expenditures 3,144,886 5,088,718 2,300, ,152 11,139,696 Fund Equity Reconciliation Beginning Fund Balance Excess (Deficit) Revenues over Expenditures 2,769,831 2,393,374 14,981,090 1,475,111 21,619,406-51, , ,027-46, ,972 Undesignated / 2,298, ,077 1,430,504 3,834,373 06/09/2015 Page 112 of :53:55 AM]

115 (The source of this report is from Hamburg's Citizens Guide which is stored on the Munetrix Metrix System. See the procedure at the end of this TAB for access to this plus additional financial and statistical information.) Unreserved / Unrestricted Reserved / Restricted 383,906 2,832,742 11,924,930 15,141,578 Designated 46,200 46,200 Ending Fund Balance 2,728,898 2,832,742 12,030,007 1,430,504 19,022,151 06/09/2015 Page 113 of :53:55 AM]

116 (The source of this report is from Hamburg's Citizens Guide which is stored on the Munetrix Metrix System. See the procedure at the end of this TAB for access to this plus additional financial and statistical information.) Hamburg Township Historic Data Report Description Revenues General Fund All Other Governmental Funds Enterprise Funds Component Units Totals Federal contributions 40,446 40,446 State contributions 11, , ,847 State Revenue Sharing 1,532,983 1,532,983 Property taxes 737,402 2,769, ,993 3,900,170 Licenses and Permits 308, ,006 Other services (parking, airports, housing, etc.) Interest, Rents & Royalties 539,789 18,804 2,016,837 16,010 2,591,440 34,532 36, ,015 3, ,255 Other Revenue 54, , ,103 1,042,159 Transfers In 21, , ,681 Total Revenues 3,229,488 4,453,327 2,654, ,217 10,867,987 Expenditures Police Department 119,208 2,702,742 2,821,950 General Government 1,553, ,554,854 Public Works Department 163,098 43, ,890 Recreation & Culture 200, ,969 Library 558, ,791 Utilities 2,380,624 2,380,624 Debt Service 873, ,501 1,399,049 Capital Outlay & Special Items 56, ,708 36, ,866 Transfers Out 749, , ,681 Total Expenditures 2,642,418 4,482,046 2,906, ,085 10,625,674 Fund Equity Reconciliation Excess (Deficit) Revenues over Expenditures Beginning Fund Balance 2,728,898 2,832,742 12,030,007 1,430,504 19,022, ,070-28, ,170-64, ,313 Assigned 34,910 1,002,113 1,037,023 Nonspendable 384,088 2, ,799 Unassigned/Unrestricted 2,822, , ,288 3,750,848 Restricted 2,769,113 10,567,329 13,336,442 Committed 109, ,700 Ending Fund Balance 3,315,968 2,804,023 11,114,709 1,386,112 18,620,812 06/09/2015 Page 114 of :40:43 AM]

117 (Source of this report is Hamburg's Citizen Guide which is stored in the Munetrix Metrix system. See the procedure at the end of this TAB for access to this report plus additional information.) Description Revenues General Fund Hamburg Township Audited Data Report All Other Governmental Funds Enterprise Funds Component Units Totals Federal contributions 40,330 40,330 State Revenue Sharing 1,528,581 1,528,581 State contributions 11, , ,477 Property taxes 735,285 2,761, ,865 3,888,972 Licenses and Permits 307, ,122 Other services (parking, airports, housing, etc.) Interest, Rents & Royalties 538,239 18,750 2,011,046 15,964 2,583,999 34,433 36, ,076 3, ,103 Other Revenue 54, , ,210 1,039,167 Transfers In 21, , ,032 Total Revenues 3,220,215 4,440,541 2,647, ,695 10,836,783 Expenditures Police Department 121,375 2,751,866 2,873,241 General Government 1,582, ,583,115 Public Works Department 166,062 44, ,650 Recreation & Culture 204, ,622 Library 568, ,947 Utilities 2,423,894 2,423,894 Debt Service 889, ,052 1,424,477 Capital Outlay & Special Items 57, ,554 36, ,406 Transfers Out 762, , ,451 Total Expenditures 2,690,446 4,563,510 2,958, ,901 10,818,803 Fund Equity Reconciliation Excess (Deficit) Revenues over Expenditures Beginning Fund Balance 3,315,968 2,804,023 11,114,709 1,386,112 18,620, , , ,614-77,206 17,980 Assigned 39,546 1,135,186 1,174,732 Nonspendable 435,092 3, ,163 Unassigned/Unrestricted 3,196, , ,920 4,248,933 Restricted 3,136,831 11,970,593 15,107,424 Committed 124, ,267 Ending Fund Balance 3,756,304 3,176,377 12,590,661 1,570,177 21,093,519 06/09/2015 Page 115 of :00:23 PM]

118 CHART /2011 TAX ROLL DISTRIBUTION $26,494, Dexter Schools 2% Pinckney Schools 29% Dexter Library 0% Brighton Schools 4% Township Office Township 4% Fire 5% Township Police 5% Township Special Assessments 7% Township Parks, Senior Center, Lakland Trail 1% Township Library 1% Washtenaw ISD 1% State 20% livingston ISD 7% Livingston County 11% livingston Ambulance 1% Vetrans 0% County Parks 1% 06/09/2015 Page 116 of 132

119 CHART /12 TAX ROLL DISTRIBUTION $25,975, Township Recreation, $220,332.00, 1% Township Library, $389,394.00, 1% Special Assessments, $1,652,400.00, 6% Township General Office, $1,001,184.00, 4% HCMA Parks, $189,118.00, 1% County ambulance, $264,403.00, 1% Veterans Relief, $44,025.00, 0% Dexter Library, $84,789.00, 0% Township Fire, $1,228,035.00, 5% Township Police, $1,322,215.00, 5% Pinckney Schools, $7,585,022.00, 29% State Education, $5,273,503.00, 20% County Allocated, $2,987,966.00, 12% Dexter Schools, $595,696.00, 2% Brighton Schools, $993,009.00, 4% Livingston ISD, $1,937,590.00, 7% Washtenaw ISD, $206,933.00, 1% 06/09/2015 Page 117 of 132

120 CHART TAX ROLL DISTRIBUTION $25,874, TOWNSHIP GENERAL, $1,001,640.00, 4% TOWNSHIP POLICE, $1,324,393.00, 5% PINCKNEY SCHOOL, $7,441,224.00, 29% SPECIAL ASSESSMENTS, $1,513,564.00, 6% TOWNSHIP FIRE, $1,230,575.00, 5% TOWNSHIP PARKS & REC, $220,163.00, 1% TOWNSHIP LIBRARY, $390,147.00, 2% VETERANS RELIEF, $44,027.00, $44, COUNTY AMBULANCE, $265,060.00, 1% COUNTY ALLOCATED, $2,995,935.00, 12% HCMA PARKS, $189,622.00, 1% BRIGHTON SCHOOL, $1,179,362.00, 5% DEXTER SCHOOL, $574,221.00, 2% DEXTER LIBRARY, $86,347.00, 0% STATE TAX, $5,268,029.00, 20% LIVINGSTON ISD, $1,942,344.00, 8% WASHTENAW ISD, $208,187.00, 1% 06/09/2015 Page 118 of 132

121 CHART TAX ROLL DISTRIBUTION ($26,481,672) TOWNSHIP GENERAL, $1,019,774.00, 4% TOWNSHIP POLICE, $1,346,351.00, 5% TOWNSHIP FIRE, $1,517,213.00, 6% TOWNSHIP PARKS & REC, $224,353.00, 1% PINCKNEY SCHOOL, $7,568,108.00, 29% TOWNSHIP LIBRARY, $396,505.00, 1% SPECIAL ASSESSMENTS, $1,400,569.00, 5% VETERANS RELIEF, $44,831.00, 0% COUNTY ALLOCATED, $3,042,520.00, 11% COUNTY AMBULANCE, $269,230.00, 1% HCMA PARKS, $192,571.00, 1% BRIGHTON SCHOOL, $1,224,203.00, 5% DEXTER SCHOOL, $593,053.00, 2% DEXTER LIBRARY, $90,083.00, 0% STATE TAX, $5,367,018.00, 20% LIVINGSTON ISD, $1,970,692.00, 7% WASHTENAW ISD, $214,583.00, 1% 06/09/2015 Page 119 of 132

122 CHART TAX ROLL DISTRIBUTION ($27,063,412) TOWNSHIP GENERAL, $1,044,475.00, 4% TOWNSHIP POLICE, $1,381,168.00, 5% PINCKNEY SCHOOL, $7,649,700.00, 28% TOWNSHIP FIRE, $1,482,413.00, 5% TOWNSHIP PARKS & REC, $230,155.00, 1% TOWNSHIP LIBRARY, $736,600.00, 3% SPECIAL ASSESSMENTS, $1,155,254.00, 4% VETERANS RELIEF, $45,992.00, 0% BRIGHTON SCHOOL, $1,341,974.00, 5% COUNTY AMBULANCE, $276,194.00, 1% HCMA PARKS, $197,555.00, 1% DEXTER SCHOOL, $590,267.00, 2% COUNTY ALLOCATED, $3,121,211.00, 12% DEXTER LIBRARY, $87,733.00, 0% LIVINGSTON ISD, $2,022,833.00, 7% STATE TAX, $5,481,740.00, 20% WASHTENAW ISD, $218,139.00, 1% 06/09/2015 Page 120 of 132

123 PROCEDURE FOR ACCESSING HAMBURG S DASHBOARD AND CITIZENS GUIDE The Dashboard and Citizens Guide has been developed to display the financial health of a municipality. The Dashboard and Citizens Guide formats are fairly standard for all units of government as specified by the State of Michigan. The Dashboard format is a summary page of the financial status and a few statistics about the Township. The data is a comparison between the prior years with indicators showing if you are improving staying the same or in a negative position on each indicator. The Citizens Guide contains the detailed data behind the summary items on the Dashboard plus additional information. For several years Hamburg has had a Dashboard and a Citizens Guide provided by Munetrix Metrix which is accessible on the WEB. Starting December 1, 2014 the state put out a new set of requirements that the Munetrix system data does not satisfy and too that end a second Dashboard and Citizens Guide was developed by Hamburg to meet those needs. As a result we have duplicate systems available for the residents of Hamburg and to the world. One created by Hamburg, physically on the Hamburg WEB site, to meet the states requirements and the second created by Munetrix, stored on the Munetrix WEB site. For the most part both use the same financial and statistical data but where the Hamburg system contains more information about our debt, the Munetrix system contains data that is in a common format for all municipalities in Michigan. As stated above, one set of reports is on Hamburg s WEB site only and the other is on the Munetrix WEB site which can be accessed through Hamburg s WEB site or you can go directly to the Munetrix Web site through other means (see below). If you are primarily after current financial data and you are using a computer with EXCEL, then the Hamburg site should meet your requirements. If you are after financial data that is in the same format, for all municipalities in Michigan and you may want to compare that information with other municipalities then the Munetrix site may be a better choice. 06/09/2015 Page 121 of 132

124 Hamburg s Dashboard/Citizens Guide Procedure. There are two alternatives for accessing Hamburg s web site data. Alternative 1. If you are already logged onto Hamburg s Web Site go to the Hamburg s Home screen. Put the cursor over Finance & Payments at the top left of the screen. On the dropdown menu click on Dashboard. On the Finances & More/Dashboard screen left click in the middle of the box just below the Accountability & Transparency Box which is in the middle of the screen. On the following screen you have several choices to access Hamburg s data that is stored on Hamburg s web site or go the Munetrix system. Alternative 2. If you are not already logged onto Hamburg s WEB site, click on this Hyperlink which will take you directly to Hamburg s data. If clicking on the link does not work use the following process. Using your mouse, place the cursor anywhere on the blue (or it may be pink) part of the above hyperlink and press the right button on your mouse. On the dropdown menu, left click on the words Open Hyperlink. At this point you can navigate through Hamburg s Citizens Guide, Debt Services Report, Projected Budget Report, and Performance Dashboard. The information is in EXCEL and the process for using this site is very straight forward. Munetrix Dashboard/Citizens Guide Procedure Besides the above link to Hamburg WEB site the following 3 Hyperlinks will take you directly to the Dashboard and Citizens Guide information stored in the Munetrix system. Please read through each of them to better understand how to use their system. There are three alternatives for accessing Hamburg s data thru the Munetrix system. Alternative 1. The link below will take you to a Dashboard summary list of all Municipalities in Michigan. You can view Citizens Guide data for each of them by clicking on a Municipality s name. (This is a fun site). You can then go to Hamburg s data by inserting the name Hamburg in the search box on the first screen and clicking on search (see attached Screen 8). 06/09/2015 Page 122 of 132

125 Alternative 2. The link below will take you directly to the home page of Hamburg s Citizens Guide on the Munetrix WEB site. See the procedure Viewing the Citizens Guide below for how to navigate through the data. You can then go to the Hamburg s Dashboard by clicking on the green word Dashboard which is close to the bottom of the data on the left hand side of the Citizens Guide home page screen. County/Township/Hamburg Alternative 3. The hyperlink below will take you to Hamburg s Dashboard on the Munetrix WEB site. See the procedure Viewing the Dashboard below for how to navigate through the data. You can then go to Hamburg s Citizens Guide by clicking on the name Hamburg which is just left of the word Dashboard in red towards the top of the screen (see attached Screen 4). County/Township/Hamburg/dashboard/785/Township The rest of this procedure will consist of how to use the Munetrix WEB site to display a wide variety of financial reports in the Citizens Guide and the Dashboard screen which contains some indicators for several subjects on the health of the Township. VIEWING the DASHBOARD PROCEDURE There is not a lot of data on this screen. It is just a summary of selected data indicating the health of the Township by comparing the last two years to each other. It is important that you look at the values along with the direction of the arrow to get a perspective of how good or bad the change was. To proceed to the data that is behind the numbers and arrows plus a lot more, click on the word Hamburg which is at the top of the guide. (You may encounter the welcome Munetrix Guest User screen (see attached Screen 5). Left click on the word Accept in the middle of the screen to proceed. You should now be in the Citizens Guide. See the following for how to navigate through this data. VIEWING the CITIZENS GUIDE PROCEDURE You should now be at Hamburg s home page within the Citizens Guide (Screen 6). There is a lot of information on this screen plus many points where you can drill down to 06/09/2015 Page 123 of 132

126 another layer of detail. Looking at the middle of the screen, there are the words United States Michigan - 01 SEMCOG Livingston County Hamburg which identifies the level of data you are at. As you drill down the screen will carry the above line of names plus one or two additional names. The last name in this sequence is the name of the screen you are on. You can always go back to Hamburg s Citizens Guide home pages by left clicking on the word Hamburg or if you are deeper into the data you can left click on any of the prior names to return to that level of information. On Hamburg s Citizens Guide home page you will be able to look at the financial detail back to By clicking on any one of the blue dates in the year field you will be taken to the data detail for that year (see attached Screen 7). Below the financial data are several additional fields that you can click on to obtain charts reflecting the allocation and distribution of income and expense. By clicking on the number in the Fiscal Indicator Score column (#3) on the home page you will be taken to a screen which has the rules for that score. Click on the X in the upper right hand corner to return to the multi-year screen. To return back to the Dashboard screen scroll down to the bottom of the Citizens Guide Home page (multiyear screen) and left click on the word Dashboard in blue just below the green DASHBOARD. 06/09/2015 Page 124 of 132

127 SCREEN 1 06/09/2015 Page 125 of 132

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