FHI Heat Maps
A “heat map” is a grid of the “indicators at a glance” presented for each entity.
FHI Summary - The rows of the “heat map” reflect the FHI results for each city or county; while the columns of the “heat map” are reflective of the potential of the same fiscal stresses that are affecting like-entities. More “yellow” or “red” indicators are reflective of the “heat” or fiscal stress that may exist.
FHI Analysis - To assist with analysis of the entity’s overall financial health, the heat map presents the current year FHIs in color-order beginning with the number of critical outlook (red) FHIs on the left, followed by the number of cautionary outlook (yellow) FHIs, positive outlook (green) FHIs and not applicable (black) FHIs.
Based on entities that have been placed in fiscal distress (fiscal caution, fiscal watch or fiscal emergency), generally, an entity reporting using the following bases of accounting may experience fiscal stress when the following FHI results are reflected:
- Generally Accepted Accounting Principles (GAAP) Basis:
- Experience fiscal stress in two to three years when at least eight (8) critical (red) and/or cautionary (yellow) FHIs are reflected.
- Experience fiscal stress when at least six (6) critical (red) FHIs are reflected.
- Cash/Modified Cash Basis:
- Experience fiscal stress in two to three years when at least six (6) critical (red) and/or cautionary (yellow) FHIs are reflected.
- Experience fiscal stress when at least four (4) critical (red) FHIs are reflected.
Click the applicable year under either “City” or “County” below to access the heat map, or click here to go to the heat map search page.