RubinBrown Public Sector Municipal Stats 2019

Financial Ratio Study for Denver Metropolitan Area Municipalities Fiscal Years Ending in 2018

◀ More Favorable

Less Favorable ▶

2017 Median

2016 Median

Q1 Quartile

Breakpoint Q2 Median Q3 Quartile

Breakpoint Q4 2018 Median

GOVERNMENT-WIDE RATIOS General Ratios Change in net position as a % of prior year net position

8.3%

6.9%

3.5%

6.9%

5.5%

5.2%

Revenue coverage ratio (times)

1.31

1.20

1.11

1.20

1.17

1.17

Accumulated depreciation as a % of depreciable capital assets

39.9%

46.0%

56.5%

46.0%

46.8%

45.8%

Liquidity Ratio Liquidity ratio (times)

3.73

2.63

2.12

2.63

2.74

2.73

Debt Ratios Debt to assets leverage ratio

3.8%

8.3%

17.2%

8.3%

9.5%

7.5%

Total debt per capita ($ per citizen)

$149.65

$596.39

$1,054.31

$596.39

$625.07

$514.75

Revenue Ratios Tax revenue per capita ($ per citizen)

$805.57

$999.86

$1,432.89

$999.86

$963.89

$937.03

Total grants, contributions & other intergovernmental revenue as a % of total revenue

8.0%

15.1%

23.1%

15.1%

15.7%

16.5%

Expense Ratios Total expense per capita ($ per citizen)

$987.67

$1,342.23

$1,519.06

$1,342.23

$1,296.57

$1,235.17

Total general government (administration) expense per capita ($ per citizen) Total public safety expense per capita ($ per citizen) Total interest expense per capita ($ per citizen) GOVERNMENTAL FUND RATIOS Expenditure Ratios Total debt service expenditures as a % of total revenue Capital outlay expenditures as a % of total expenditures GENERAL FUND RATIOS Financial Position Ratio Unrestricted fund balance (assigned and unassigned) as a % of total expenditures net of transfers

$204.19

$274.96

$404.10

$274.96

$250.95

$231.51

$270.32

$402.46

$511.54

$402.46

$399.87

$379.43

$7.26

$20.73

$38.01

$20.73

$22.58

$17.57

2.8%

4.7%

7.1%

4.7%

4.8%

4.4%

35.8%

21.2%

17.7%

21.2%

21.1%

17.7%

60.8%

37.5%

22.9%

37.5%

28.2%

35.5%

Revenue Ratios Operating margin

$0.09

$0.05

$0.02

$0.05

$0.03

$0.01

Intergovernmental revenue as a % of total revenue Transfers in as a % of total revenue and transfers in

3.3%

5.9%

9.5%

5.9%

5.6%

6.1%

0.2%

0.9%

3.5%

0.9%

0.6%

0.8%

*All numbers are listed as percent (%) unless otherwise noted

Denver Metropolitan Area

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