RubinBrown Public Sector Stats 2014

Financial Ratio Study for Kansas City 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 (%)

3.0%

1.3%

-0.5%

1.3%

1.9%

Revenue coverage ratio (times)

1.06

1.01

0.95

1.01

1.06

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

52.1%

30.7%

-18.9%

11.2%

7.7%

35.6%

42.3%

45.3%

42.0%

42.4%

Liquidity Ratio

Liquidity ratio (times)

2.67

1.71

1.40

2.61

2.22

Debt Ratios

Debt to assets leverage ratio (times)

0.10

0.21

0.39

0.26

0.33

Total debt per capita ($ per citizen)

$726.57

$1,097.98

$1,531.24

$1,073.41

$1,433.62

Revenue Ratios

Tax revenue per capita ($ per citizen)

$589.74

$661.41

$770.43

$791.73

$775.34

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

1.7%

4.7%

8.8%

6.6%

9.8%

Expense Ratios

Total expense per capita ($ per citizen)

$825.52

$1,011.30

$1,148.07

$1,190.74

$1,100.50

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

$126.05

$147.92

$219.36

$196.51

$175.42

$282.95

$354.55

$446.65

$453.45

$406.82

$16.48

$57.98

$68.35

$55.05

$64.08

GOVERNMENTAL FUND RATIOS

Expenditure Ratios

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

12.7%

15.7%

25.1%

26.3%

19.4%

25.8%

20.5%

12.6%

17.5%

18.3%

GENERAL FUND RATIOS

Financial Position Ratio

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

45.6%

31.8%

21.9%

32.5%

35.7%

Revenue Ratios

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

0.2%

1.2%

9.4%

5.2%

5.3%

0.7%

2.2%

6.4%

3.6%

4.8%

RubinBrown Public Sector Stats 2014 | 7