RubinBrown Public Sector Municipal Stats 2019

Comparison of the Regions

DENVER REGION

KANSAS CITY REGION

ST. LOUIS REGION

MEDIAN CHANGE IN NET POSITION

10%

8%

6.9%

5.5%

5.2%

6%

4.0% 2.5% 4.3%

3.3% 3.2%

4%

1.5% 3.1%

2.7%

2%

0.4%

0%

2015

2016

2017

2018

AVERAGE POPULATION OF MUNICIPALITY

OPERATING CUSHION OF MUNICIPALITY’S GENERAL FUND (median unrestricted fund balance as a percent of total expenditures net of transfers)

50%

83,000

48,000

22,000

25%

MINIMUM GFOA RECOMMENDS

47.1%

37.5%

37.3%

0%

MUNICIPALITY’S ABILITY TO PAY CURRENT LIABILITIES (median liquidity)

MUNICIPALITY’S RISK OF CREDITOR CLAIMS ON ASSETS (median debt to assets leverage ratio)

2

8.3%

17.6%

26.3%

1

3

0% lower

35% higher

0 lower

4

higher

RELIANCE ON EXTERNAL REVENUE SOURCES OUTSIDE OF MUNICIPALITY’S CONTROL (median total grants, contributions and other intergovernmental revenue as a percent of total revenue)

15.1%

9.3%

7.6%

0% less reliant

20% more reliant

Executive Summary

3