Table 1

Financial indicators of Brown’s Ten-Point Test

TypeIndicatorMeasurement
RevenueTotal Revenue Per CapitaTotal Revenues for all Governmental Funds (Excluding Capital Project Funds) Divided by Population
Intergovernmental Revenues/ Total Revenue PercentageIntergovernmental Revenues for the General Fund Divided by Total General Fund Revenues
Property Tax or Own Source Tax Revenues/Total Revenues PercentageTotal Tax Revenues Levied Locally for the General Fund Divided by Total General Fund Revenues
ExpenditureTotal Expenditure Per CapitaTotal Expenditures for all Governmental Funds (Excluding Capital Project Funds) Divided by Population
Operating PositionOperating Surplus or Deficit/ Operating Revenue PercentageGeneral Fund Operating Surplus or Deficit Divided by Total General Fund Revenues
General Fund Balance/ General Fund Revenues PercentageGeneral Fund Unreserved Fund Balance Divided by Total General Fund Revenues
Enterprise Funds Working Capital Coverage PercentageCurrent Assets of Enterprise Funds Divided by Current Liabilities of Enterprise Funds
DebtLong Term Debt/ Assess Value PercentageLong Term General Obligation Debt/Total General Fund Revenue
Debt Service/Operating Revenues PercentageGeneral Obligation Debt Service/Total General Fund Revenue
Unfunded LiabilityPostemployment Benefit Assets/Liabilities PercentageFunded Ratio (i.e., Actuarial Value of Plan Assets/Actuarial Accrued Liability)

Source: Maher and Nollenberger (2009).

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