RubinBrown Public Sector Stats 2016

Denver Metropolitan Area

31 NUMBER OF

82,000 AVERAGE POPULATION

24

4.0% MEDIAN CHANGE IN NET POSITION

MUNICIPALITIES

unrestricted General Fund balance as % of expenditures (median – all cities)

2014 unrestricted General Fund balance as % of expenditures (median – all cities) The 2015 and 2014 results for the municipalities surveyed in the Denver region indi ate conditions con inue to improve as they have since 2013. The median increas n net pos tion for Denver municipalities has grown to 4.0% from 2.9% in 2013. Median tax revenue per capita for Denver municipalities was $879 during the past year, as compared to $860 during 2014. Median expenses per capita increased by a similar percentage as revenues. The below chart indicates that long-term debt per capita in the Denver region (which excludes pension or other non-bonded debt) continued to decrease in 2015. Finally, median general fund unrestricted fund balance as compared to expenditures has fluctuated significantly over the past 5 years, with a considerable decline this past year. 2013 2011 2012

33.6%

2011

34.2%

2012

33.1%

2013

33.5%

2014

31.3%

2015

2015

25% 35% 40% 30%

median Dollars Per capita

$1,192

$1,250

$1,103

$1,100

$1,100

$1,041

$1,000

$879

$860

Tax Revenue Expenses Total Debt

$810

$783

$760

$750

$442

$500

$390

$388

$354

$354

$250

2011

2012

2013

2014

2015

10 | RubinBrown Public Sector Stats 2016