RubinBrown Public Sector Stats 2011

Executive Summary

Contents 1 Executive Summary 7 St. Louis Area 8 St. Louis Metropolitan Area – Population Less Than 20,000 9 St. Louis Metropolitan Area – Population Greater Than 20,000 10 Kansas City Area 11 Denver Front Range Area 13 Financial Ratio Interpretation 17 RubinBrown’s Public Sector Services Group

RubinBrown is pleased to present our 2011 Public Sector Statistical Analysis, our fifth annual survey of municipal statistical and financial information. This analysis has been created in order to provide a comprehensive report of key government-wide and governmental-fund statistics for the regions in which we serve our clients so that city governments may compare how they are doing relative to their peers. As was the case in the four previous editions of the survey, the study includes results for municipalities in the St. Louis and Kansas City metropolitan areas. This year, for the first time, we are pleased to include results for municipalities in the Denver Front Range area as well. All cities included in the data have populations greater than 5,000. Additionally, the cities of St. Louis, Kansas City and Denver are excluded from the study due to their size relative to the other municipalities. Finally, for purposes of this study, metropolitan St. Louis includes municipalities in both Missouri and Illinois, metropolitan Kansas City includes municipalities in both Kansas and Missouri and Denver consists of municipalities considered to be in the Front Range area. Methodology The RubinBrown Public Sector Services Group contacted the finance officers from the participating municipalities requesting financial information for the ratio calculations. Financial information was collected from the 2010 fiscal year or calendar year Comprehensive Annual Financial Report (CAFR), or from the 2010 audited financial statements if no CAFR was prepared. All municipalities included in the study prepare financial statements in accordance with U.S. generally accepted accounting principles. Key

1 | Raise Your Expectations