RubinBrown Public Sector Stats 2017

Financial Ratio Study for Denver Metropolitan Area Municipalities Fiscal Years Ending in 2016

◀ More Favorable

Less Favorable ▶

Quartile Breakpoint

Quartile Breakpoint

2016 Median

2015 Median

Q1

Q2 Median Q3

Q4

GOVERNMENT-WIDE RATIOS

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

7.1%

5.2%

3.4%

5.2%

4.0%

Revenue coverage ratio (times)

1.26

1.17

1.09

1.17

1.16

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

39.8%

45.4%

53.9%

45.4%

44.8%

Liquidity Ratio Liquidity ratio (times)

3.49

2.83

2.05

2.83

2.85

Debt Ratios Debt to assets leverage ratio (%)

3.7%

5.9%

13.3%

5.9%

6.5%

Total debt per capita ($ per citizen)

$118.65

$511.70

$751.63

$511.70

$354.23

Revenue Ratios Tax revenue per capita ($ per citizen)

$750.60

$935.66

$1,163.24

$935.66

$879.45

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

11.0%

16.4%

23.0%

16.4%

18.9%

Expense Ratios Total expense per capita ($ per citizen)

$941.58

$1,224.94

$1,491.65

$1,224.94

$1,191.76

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

$158.91

$229.95

$354.56

$229.95

$256.14

Total public safety expense per capita ($ per citizen)

$258.22

$376.50

$472.39

$376.50

$352.91

Total interest expense per capita ($ per citizen)

$3.95

$15.70

$35.65

$15.70

$12.41

GOVERNMENTAL FUND RATIOS

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

1.9%

4.2%

6.6%

4.2%

4.4%

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

26.7%

18.2%

12.8%

18.2%

18.9%

GENERAL FUND RATIOS

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

50.4%

39.6%

19.3%

39.6%

31.3%

Revenue Ratios Operating margin (%)

5.3%

1.3%

-0.6%

1.3%

2.6%

Intergovernmental revenue as a percent of total revenue (%)

2.5%

5.9%

9.0%

5.9%

6.7%

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

0.0%

0.8%

2.3%

0.8%

0.9%

Denver Metropolitan Area

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