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City of Centerville March 20, 2013 Page 14 Ratio Analysis The following captures a few ratios from the Citys financial statements that give some additional information for trend and peer group analysis. The peer group average is derived from information available on the website of the Office of the State Auditor. th Different peer group averages were used for Cities of the 4 class (population 2,500 10,000). The majority of these ratios facilitate the use of economic resources focus and accrual basis of accounting at the government-wide level. A combination of liquidity (ability to pay its most immediate obligations), solvency (ability to pay its long-term obligations), funding (comparison of financial amounts and economic indicators to measure changes in financial capacity over time) and common-size (comparison of financial data with other cities regardless of size) ratios are shown below. Ratio CalculationSource2009201020112012 Debt to assetsTotal liabilities/total assetsGovernment-wide33%28%31%31% 34%37%33%N/A Debt per capitaBonded debt/populationGovernment-wide $ 2,947$ 2,159$ 2,459$ 2,310 $ 2,713$ 3,125$2,826N/A Taxes per capitaTax revenues/populationGovernment-wide$ 518$ 433$ 442$ 456 $ 399$ 407$ 500N/A Current expenditures per capitaGovernmental fund currentGovernmental funds$ 545$ 525$ 528$ 526 $ 625$ 624$ 640N/A expenditures/population Capital expenditures per capitaGovernmental fund capitalGovernmental funds$ 826$ 370$ 246$ 33 $ 310$ 265$ 229N/A expenditures/population Capital assets % left to Net capital assets/Government-wide82%82%79%74% 68%61%64%N/A depreciate - Governmentalgross capital assets Capital assets % left to Net capital assets/Government-wide75%75%69%66% 67%59%65%N/A depreciate - Business-typegross capital assets Represents the City of Centerville Represents Peer Group Average