RubinBrown Public Sector Municipal Stats 2018

DENVER REGION

STATE OF TENNESSEE

Arvada Aurora Boulder Brighton

Fountain Ft. Collins

Thorton Westminster Wheat Ridge Windsor

Bartlett Brentwood Bristol Chattanooga

Goodlettsville Greeneville Hendersonville Jackson Johnson City

Sevierville Smyrna Springfield Spring Hill Tullahoma

Golden Greeley Greenwood Village Lafayette Lakewood Littleton

Broomfield Canon City Castle Rock Centennial

Clarksville Cleveland Collierville Columbia Cookeville East Ridge Farragut

Kingsport Knoxville La Vernge Lebanon Maryville Morristown

Lone Tree Longmont Louisville Loveland Northglenn Parker

Cherry Hills Village Colorado Springs Commerce City Englewood Erie Evans

Franklin Gallatin Germantown

Mount Juliet Murfreesboro Oak Ridge

MUNICIPALITY’S ABILITY TO PAY CURRENT LIABILITIES (median liquidity)

OPERATING CUSHION OF MUNICIPALITY’S GENERAL FUND (median unrestricted fund balance as a percent of total expenditures net of transfers)

60%

45%

30%

49.6%

42.7%

MINIMUM GFOA RECOMMENDS

38.4%

15%

28.2%

0 lower

5

0%

higher

RELIANCE ON EXTERNAL REVENUE SOURCES OUTSIDE OF MUNICIPALITY’S CONTROL (median total grants, contributions and other intergovernmental revenue as a percent of total revenue)

9.7% 8.1%

15.7%

27.4%

0% less reliant

30% more reliant

Executive Summary

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