RubinBrown Public Sector Stats 2014

Kansas City Metropolitan Area

The 2013 results for the Kansas City area indicate that growth has also slowed in comparison with 2012. The average increase in net position for Kansas City municipalities was 1.3% in 2013, as compared with 1.9% in 2012. Of the 24 municipalities surveyed, 7 (29%) reported a decrease in net position in 2013 and 2012. As illustrated in the tax revenue per capita chart, tax revenue for Kansas City municipalities remained fairly consistent: $773 in 2011, and $775 in 2012, but had a 2% increase to $792 in 2013. Meanwhile, as illustrated by the expenses per capita chart below, expenses per capita for Kansas City municipalities increased 8% from $1,101 in 2012 to $1,191 in 2013. Also, the liquidity of the Kansas City municipalities remains strong. The average liquidity ratio for Kansas City municipalities was 2.61 in 2013, which exceeds the average liquidity of 2.22 in 2012. Furthermore, 8 of the 24 Kansas City municipalities reported a liquidity ratio of 2.0 or greater in 2013 as compared to 10 in 2012. Five municipalities reported a liquidity ratio of 1.0 or less in 2013. Finally, unrestricted fund balances in the general fund remain strong but have decreased as a percent of revenues from 36% in 2012 to 32.5% in 2013.

Liberty Memorial in Kansas City, MO

Tax Revenue Per Capita

Expenses Per Capita

$1,400

$1,400

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

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

$1,191

$1,184

$1,156

$1,101

$999

$1,000

$1,000

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

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

$792

$775

$773

$765

$660

$0

$0

2009

2010

2011

2012

2013

2009

2010

2011

2012

2013

6 | RubinBrown Public Sector Stats 2014