RubinBrown Public Sector Stats 2013

Financial Ratio Study for State of Colorado Municipalities Fiscal Years Ending in 2012

INTO WHICH QUARTILE DOES YOUR MUNICIPALITY FALL? ◀ More Favorable Less Favorable ▶

First Quartile

Quartile Breakpoint

Second Quartile

Third Quartile

Quartile Breakpoint

Fourth Quartile

2012 Average

2011 Average

Median

GOVERNMENT-WIDE RATIOS

General Ratios

Change in net position as a percent of net assets (%)

4.1%

2.4%

1.1%

2.9%

3.1%

Revenue coverage ratio (times)

1.14

1.08

1.04

1.08

1.11

Unrestricted net position as a percent of total current year revenue (%) Accumulated depreciation as a percent of depreciable capital assets (%)

67.1%

48.4%

27.8%

51.6%

54.7%

36.6%

43.1%

51.3%

43.6%

40.2%

Liquidity Ratio

Liquidity ratio (times)

4.33

2.72

1.96

2.98

2.67

Debt Ratios

Debt to assets leverage ratio (times)

0.04

0.08

0.14

0.11

0.12

Total debt per capita ($ per citizen)

$140.48

$353.55

$875.03

$745.99

$844.41

Revenue Ratios

Tax revenue per capita ($ per citizen)

$619.47

$783.21

$1,012.68

$897.12

$872.41

Total grants, contributions and intergovernmental revenue as a percent of total revenue (%)

9.5%

14.0%

18.1%

14.3%

14.9%

Expense Ratios

Total expenses per capita ($ per citizen)

$860.08

$1,102.58

$1,405.72

$1,186.62

$1,140.93

Total general government (administration) expenses per capita ($ per citizen) Total public safety expenses per capita ($ per citizen) Total interest expenses per capita ($ per citizen)

$144.96

$230.87

$303.66

$248.77

$242.41

$246.43

$330.09

$443.16

$371.90

$369.72

$2.22

$14.44

$49.60

$30.46

$34.84

GOVERNMENTAL FUND RATIOS

Expenditure Ratios

Total debt service expenditures as a percent of total revenue (%) Capital outlay expenditures as a percent of total expenditures (%)

2.1%

6.5%

9.1%

6.8%

6.7%

22.2%

15.6%

10.6%

15.4%

14.0%

GENERAL FUND RATIOS

Financial Position Ratio

Unrestricted fund balance as a percent of total revenue (%)

45.8%

32.5%

21.2%

34.0%

32.2%

Revenue Ratios

Intergovernmental revenue as a percent of total revenue (%) Transfers in as a percent of total revenue and transfers in (%)

4.4%

6.9%

9.7%

7.4%

11.5%

0.0%

1.6%

5.2%

4.7%

5.3%

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