RubinBrown Public Sector Stats 2015

Financial Ratio Study for Denver Metropolitan Area Municipalities Fiscal Years Ending in 2014

◀ More Favorable

Less Favorable ▶

Quartile Breakpoint

Quartile Breakpoint

2014 Average

2013 Average

Q1

Q2 Median Q3

Q4

GOVERNMENT-WIDE RATIOS

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

7.2%

4.0%

2.1%

6.6%

3.0%

Revenue coverage ratio (times)

1.25

1.14

1.08

1.22

1.10

Unrestricted net position as a percent of current year revenue (%)

68.1%

43.5%

25.5%

49.4%

51.1%

Accumulated depreciation as a percent of depreciable capital assets (%)

39.9%

44.8%

53.6%

45.5%

43.7%

Liquidity Ratio Liquidity ratio (times)

4.17

2.85

1.98

3.14

3.03

Debt Ratios Debt to assets leverage ratio (times)

0.04

0.07

0.15

0.11

0.11

Total debt per capita ($ per citizen)

$138.62

$390.16

$931.17

$744.34

$749.24

Revenue Ratios Tax revenue per capita ($ per citizen)

$664.79

$860.02

$1,146.31

$958.43

$924.75

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

11.4%

14.6%

22.0%

18.1%

15.0%

Expense Ratios Total expense per capita ($ per citizen)

$895.10

$1,132.09

$1,480.92

$1,227.51

$1,213.99

Total general government (administration) expense per capita ($ per citizen)

$157.01

$268.79

$335.53

$272.43

$259.92

Total public safety expense per capita ($ per citizen)

$243.40

$355.74

$465.10

$366.14

$374.29

Total interest expense per capita ($ per citizen)

$2.96

$13.46

$30.96

$28.94

$32.69

GOVERNMENTAL FUND RATIOS

Expenditure Ratios Total debt service expenditures as a percent of total revenue (%)

2.0%

5.0%

7.6%

5.1%

6.5%

Capital outlay expenditures as a percent of total expenditures (%)

24.8%

17.5%

8.7%

17.4%

14.5%

GENERAL FUND RATIOS

Financial Position Ratio Unrestricted fund balance as a percent of total revenue (%) Revenue Ratios Intergovernmental revenue as a percent of total revenue (%)

53.7%

37.2%

16.8%

36.6%

32.9%

3.6%

6.7%

9.6%

8.1%

7.6%

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

0.3%

1.2%

4.4%

4.4%

4.8%

RubinBrown Public Sector Stats 2015 | 5