RubinBrown Public Sector Municipal Stats 2018

Financial Ratio Study for Denver Metropolitan Area Municipalities Fiscal Years Ending in 2017

◀ More Favorable

Less Favorable ▶

2016 Median

2015 Median

Q1 Quartile

Breakpoint Q2 Median Q3 Quartile

Breakpoint Q4 2017 Median

GOVERNMENT-WIDE RATIOS General Ratios Change in net position as a % of prior year net position

7.5%

5.5%

2.4%

5.5%

5.2%

4.0%

Revenue coverage ratio (times)

1.23

1.17

1.09

1.17

1.17

1.16

Accumulated depreciation as a % of depreciable capital assets

39.6%

46.8%

56.0%

46.8%

45.8%

44.8%

Liquidity Ratio Liquidity ratio (times)

3.21

2.74

2.05

2.74

2.73

2.85

Debt Ratios Debt to assets leverage ratio

3.7%

9.5%

16.0%

9.5%

7.5%

6.5%

Total debt per capita ($ per citizen) Revenue Ratios Tax revenue per capita ($ per citizen)

$171.06

$625.07

$1,188.26

$625.07

$514.75

$354.23

$765.07

$963.89

$1,245.56

$963.89

$937.03

$879.45

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

10.9%

15.7%

23.0%

15.7%

16.5%

18.9%

Expense Ratios Total expense per capita ($ per citizen)

$968.27

$1,296.57

$1,601.67

$1,296.57

$1,235.17

$1,191.76

Total general government (administration) expense per capita ($ per citizen) Total public safety expense per capita ($ per citizen) Total interest expense per capita ($ per citizen) GOVERNMENTAL FUND RATIOS Expenditure Ratios Total debt service expenditures as a % of total revenue Capital outlay expenditures as a % of total expenditures GENERAL FUND RATIOS Financial Position Ratio Unrestricted fund balance (assigned and unassigned) as a % of total expenditures net of transfers

$193.73

$250.95

$394.96

$250.95

$231.51

$256.14

$271.54

$399.87

$521.29

$399.87

$379.43

$352.91

$5.03

$22.58

$42.04

$22.58

$17.57

$12.41

2.0%

4.8%

6.7%

4.8%

4.4%

4.4%

34.2%

21.1%

12.8%

21.1%

17.7%

18.9%

52.6%

28.2%

19.3%

28.2%

35.5%

31.3%

Revenue Ratios Operating margin

$0.09

$0.03

$(0.04)

$0.03

$0.01

$0.03

Intergovernmental revenue as a % of total revenue Transfers in as a % of total revenue and transfers in

2.7%

5.6%

8.6%

5.6%

6.1%

6.7%

0.0%

0.6%

3.0%

0.6%

0.8%

0.9%

*All numbers are listed as percent (%) unless otherwise noted

Denver Metropolitan Area

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