RubinBrown Public Sector Stats 2013

Kansas City Metropolitan Area

The 2012 results for the Kansas City area indicate that conditions are essentially the same as in 2011. The average increase in net assets for Kansas City municipalities was 1.9% in 2012, as compared with 2.1% in 2011. Of the 24 municipalities surveyed, 7 (or 29%) reported a decrease in net assets in 2012, as compared with 26% in 2011.

As illustrated in the tax revenue per capita chart, tax revenue for Kansas City municipalities remained fairly consistent: $765 in 2010, $773 in 2011, and $775 in 2012. Meanwhile, as illustrated by the expenses per capita chart below, expenses per capita for Kansas City municipalities decreased from $1,156 in 2011 to $1,101 in 2012. Finally, while the Kansas City municipalities have not maintained the same degree of liquidity as the St. Louis municipalities, the liquidity of the Kansas City municipalities remains strong. The average liquidity ratio for Kansas City municipalities was 2.22 in 2012, which slightly exceeds the average liquidity of 1.95 in 2011. Furthermore, 10 of the 24 Kansas City municipalities reported a liquidity ratio of 2.0 or greater, and 18 reported a liquidity ratio of 1.0 or greater.

Tax Revenue Per Capita

Expenses Per Capita

$1,100 $1,200 $1,300

$1,100 $1,200 $1,300

$1,184

$1,156

$1,101

$999

$982

$1,000

$1,000

$929

$600 $700 $800 $900 $500 $400 $300 $200 $100

$600 $700 $800 $900 $500 $400 $300 $200 $100

$775

$773

$765

$688

$660

$649

$0

$0

2007

2008

2009

2010

2011 2012

2007

2008

2009

2010

2011

2012

6 | RubinBrown Public Sector Stats 2013