Reno

Overview


Socioeconomic Data
Population 241,445
Employment 115,324
Unemployment Rate 6.2%  (33 of 116)
Zillow Home Value Index $272,800  (32 of 116)
Government-Wide Revenues and Expenses
General Revenues $137,964,534
Capital Grants and Contributions $36,250,270
Charges For Services $155,110,127
Operating Grants and Contributions $6,125,252
Total Revenues $335,450,183
Total Expenditures $325,436,033
Change in Net Assets $10,014,150
Actuarially Determined Pension Contributions $28,070,303
Pension Contributions Actually Made $28,070,303
Government-Wide Position
Current Assets $326,539,937
Total Assets $1,602,010,713
Current Liabilities $66,857,517
Long Term Debt $729,745,362
Total Net Position $271,182,516
Unrestricted Net Position ($377,534,397)

Revs and Exps


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Surplus / (Deficit) General Fund Other Funds Total Gov. Funds
FUND BALANCE AT END OF YEAR $  11,765,565 $  76,035,967 $  87,801,532
Surplus/(deficit) 18,945,159 (4,100,292) 14,844,867
Revenues
Total Revenues $  171,987,715 $  68,988,844 $  240,976,559
Intergovernmental revenues 55,983,165 29,480,926 85,464,091
Taxes 43,870,204 25,918,093 69,788,297
Licenses and permits 46,079,644 2,976,168 49,055,812
Other Revenues 9,426,071 6,254,376 15,680,447
Charges for services 11,769,143 2,202,244 13,971,387
Fines and Fees 3,070,865 665,190 3,736,055
Special assessments 1,788,623 1,491,847 3,280,470
Expenditures
General government $ 0
Total Expenditures $  153,042,556
Public safety $  101,481,555
Principal $  489,239
Public works $  5,569,956
General government $  17,348,137
Interest $  1,906
Miscellaneous $  14,859,552
Community development $  3,077,203
Culture, parks and recreation $  9,304,756
Capital Outlay $  910,252
Other Debt Service $ 0
Urban Development $ 0

Metrics


General Fund Balance Ratio 7.69%  (109 of 116)
Debt to Revenue Ratio 217.54%  (19 of 116)
Pension ADC to Revenue Ratio 8.37%  (22 of 116)
Annual Change in Home Prices 13.43%  (12 of 116)
Annual Change in Unemployment Rate (1.4%)  (99 of 116)
Fiscal Health Score 36  (113 of 116)
Implied Credit Rating BBB