RubinBrown Public Sector Municipal Stats 2018
KANSAS CITY METROPOLITAN AREA
24 NUMBER OF
48,000 AVERAGE POPULATION
41
1.5% MEDIAN CHANGE IN NET POSITION
MUNICIPALITIES
2016 2013 Unrestricted General Fund Balance as % of Expenditures (median – all cities) The resul s for 2017 improved significantly with only nine cities reporting losses – additionally, the losses w re lower than seen in past years. The 2016 results for the Kansas City area indicated a drastic decline. Much of this was attributable to the fact that half of the cities operated at a deficit in 2016. Although the median tax revenue per capita decreased in 2017, tax revenues in total for the 24 cities increased approximately 2.3% in 2017. Average tax revenue also increased 3.0% in 2017 compared to 2016. Median expenses per capita for Kansas City municipalities continued to increase but at a slower pace than in 2016, which aided in improving the overall financial results in 2017. Median long-term debt per capita in the Kansas City region (which excludes pension or other non bonded debt) decreased in 2017. Finally, the general fund’s unrestricted fund balance as compared to expenditures has fluctuated significantly for Kansas City area municipalities over the past five years, averaging 37.8% or 4.4 months. This is considered a moderately healthy level. 2014 2017 2015
Unrestricted General Fund Balance as % of Expenditures (median – all cities)
37.8%
2013
41.1%
2014
36.0%
2015
35.7%
2016
38.4%
2017
30% 40% 45% 35%
Median Dollars Per Capita
$1,500
$1,231
$1,204
$1,250
$1,144
$1,141
$1,098
Tax Revenue Expenses Total Debt
$1,079
$1,000
$1,042
$1,083
$1,013
$1,011
$698
$661
$657
$750
$699
$655
$500
2013
2014
2015
2016
2017
RubinBrown Public Sector Municipal Stats 2018
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