RubinBrown Public Sector Stats 2016

Financial Ratio Study for State of Tennessee Municipalities Fiscal Years Ending in 2015

◀ More Favorable

Less Favorable ▶

Quartile Breakpoint

Quartile Breakpoint

Q1

Q2 Median Q3

Q4

GOVERNMENT-WIDE RATIOS

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

12.8%

8.1%

3.2%

Revenue coverage ratio (times)

1.17

1.09

1.04

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

33.5%

46.0%

53.4%

Liquidity Ratio Liquidity ratio (times)

1.61

0.92

0.51

Debt Ratios Debt to assets leverage ratio (%)

11.3%

21.6%

30.7%

Total debt per capita ($ per citizen)

$437.85

$720.25

$1,813.39

Revenue Ratios Tax revenue per capita ($ per citizen)

$671.50

$828.87

$1,320.79

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

14.3%

28.8%

42.1%

Expense Ratios Total expense per capita ($ per citizen)

$851.67

$1,221.18

$2,266.28

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

$85.05

$142.05

$195.17

Total public safety expense per capita ($ per citizen)

$332.46

$401.78

$472.61

Total interest expense per capita ($ per citizen)

$11.98

$24.01

$52.58

GOVERNMENTAL FUND RATIOS

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

4.1%

6.8%

9.8%

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

14.9%

10.5%

4.4%

GENERAL FUND RATIOS

Financial Position Ratio Unrestricted fund balance (assigned and unassigned) as a percent of total expenditures net of transfers (%)

60.5%

37.2%

24.1%

Revenue Ratios Operating margin (%)

9.4%

2.7%

-0.1%

Intergovernmental revenue as a percent of total revenue (%)

10.5%

13.6%

20.7%

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

0.1%

2.2%

5.0%

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