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Ratio Analysis <br /> The following captures a few ratios from the City's financial statements that give some additional information for trend and <br /> peer group analysis. The peer group average is derived from information we requested from the Office of the State <br /> Auditor. Different peer group averages were used for Cities of the 4th class(population 2,500- 10,000). The majority of <br /> these ratios facilitate the use of economic resources focus and accrual basis of accounting at the government-wide level. <br /> A combination of liquidity(ability to pay its most immediate obligations),solvency(ability to pay its long-term obligations), <br /> funding(comparison of financial amounts and economic indicators to measure changes in financial capacity over time) <br /> and common-size(comparison of financial data with other cities regardless of size)ratios are shown below. <br /> Ratio calculation Source 2013 2014 2015 2016 2017 <br /> Debt to Assets Total liabilities/total assets Government-wide 3i 510 29% 2TN- <br /> 34% <br /> Debt Per Capita Bonded debYpopulation Government-wide ...... <br /> Taxes Per Capita Tax revenuestpopulation Government4de -4,51E, *I' I EJ-PJ I 0 x. <br /> 6 <br /> Current Expenditures Per Capita Governmental fund current Govenninental funds <br /> expenditures/population . .. ... <br /> NIA <br /> Capital Expenditures Per Capita Governmental fund capital Governmental funds i ,') -15 '2'E. .2 21Ii <br /> W <br /> expenditurestpopulation <br /> A <br /> Capital Assets%Left to Net capital assets/ Government-wide <br /> Depreciate-Governmental gross capital assets <br /> 61% fWA <br /> Capital Assets%Left to Net capital assetst Government-wide rg% 544 <br /> Depredate-Business-type gross capital assets IVfA <br /> + ImWSS, <br /> th, <br /> 16 Ninfibeis <br /> 159 <br />