RubinBrown Public Sector Stats 2014

Financial Ratio Study for Denver Metropolitan Area Municipalities Fiscal Years Ending in 2013

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

First Quartile

Quartile Breakpoint

Second Quartile

Third Quartile

Quartile Breakpoint

Fourth Quartile

2013 Average

2012 Average

Median

GOVERNMENT-WIDE RATIOS

General Ratios

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

5.6%

2.9%

0.8%

3.0%

2.9%

Revenue coverage ratio (times)

1.17

1.10

1.02

1.10

1.08

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

73.0%

41.1%

30.4%

51.1%

51.6%

36.8%

43.2%

48.6%

43.7%

43.6%

Liquidity Ratio

Liquidity ratio (times)

4.12

2.69

1.77

3.03

2.98

Debt Ratios

Debt to assets leverage ratio (times)

0.06

0.09

0.12

0.11

0.11

Total debt per capita ($ per citizen)

$192.65

$442.24

$968.64

$749.24

$745.99

Revenue Ratios

Tax revenue per capita ($ per citizen)

$656.40

$810.94

$1,094.70

$924.75

$897.12

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

10.9%

14.7%

19.2%

15.0%

14.3%

Expense Ratios

Total expense per capita ($ per citizen)

$923.35

$1,100.19

$1,461.89

$1,213.99

$1,186.62

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

$152.95

$226.71

$298.17

$259.92

$248.77

$243.48

$344.78

$469.16

$374.29

$371.90

$4.88

$15.77

$47.41

$32.69

$30.46

GOVERNMENTAL FUND RATIOS

Expenditure Ratios

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

2.6%

6.0%

8.9%

6.5%

6.8%

18.9%

13.6%

8.0%

14.5%

15.4%

GENERAL FUND RATIOS

Financial Position Ratio

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

48.6%

32.8%

15.7%

32.9%

34.0%

Revenue Ratios

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

3.6%

6.5%

9.9%

7.6%

7.4%

0.1%

1.8%

5.0%

4.8%

4.7%

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