RubinBrown Public Sector Stats 2013

State of Colorado

The 2012 results for the municipalities surveyed in the state of Colorado also indicate conditions that are similar to 2011. The average increase in net assets for Denver municipalities was 2.9% in 2012, as compared with 3.1% in 2011. Of the 36 municipalities

surveyed, only 5 (or 14%) reported a decrease in net assets in 2012. This is fairly consistent with the 13% of Colorado municipalities that reported a decrease in net assets in 2011. Tax revenue per capita for Denver municipalities increased slightly during the past year, from $872 per capita in 2011 to $897 per capita in 2012. Similarly, expenses per capita increased slightly from $1,141 in 2011 to $1,187 in 2012. Municipalities in the state of Colorado also have managed to maintain strong liquidity positions. The average liquidity ratio for Denver municipalities was 2.98 in 2012, an improvement over the average liquidity of 2.67 in 2011. Furthermore, 25 of the 36 Denver municipalities reported a liquidity ratio of 2.0 or greater.

Tax Revenue Per Capita

Expenses Per Capita

$1,248

$1,000 $600 $700 $800 $900 $1,100 $1,200 $1,300

$1,000 $600 $700 $800 $900 $1,100 $1,200 $1,300

$1,187

$1,141

$951

$897

$872

$500 $400 $300 $200 $100

$500 $400 $300 $200 $100

$0

$0

2010

2011 2012

2010

2011 2012

8 | RubinBrown Public Sector Stats 2013