Assume the following information was obtained from the comprehensive annual financial report of the city of Tampa, Florida for a recent fiscal year. All amounts are in thousands.

Condensed General Fund balance sheet:					Debt service expenditures
Total assets	$141,494				in governmental funds
Total liabilities	$24,086				Principal	$13,851
Fund balance	$117,408				Interest	$10,882
Cash and investments					Total	$24,733
included in assets	$126,647				Debt service principal maturities
Components of General Fund fund balance:					2,020	$13,919
Nonspendable	$302				2,021	23,203
Committed	718				2,022	24,975
Assigned	27,450				2,023	32,222
Unassigned	88,938				2,024	65,940
Total	$117,408				2025-2029	134,124
Total revenues:					2030-2034	90,706
Property taxes	$144,439				2035-2044	19,319
Utility charges	40,254				2045-2054	13,829
State aid	46,920				Total	$418,237
Charges for services	51,730				Pension data:
Other	73,956				General employees:
Total	$357,299				Pension liability	$740,783
Transfers in					Plan fiduciary net position	$677,218
Recurring	$25,082				Fire and Police
Property taxes:					Pension liability	$1,925,460
Tax levy	$151,421				Plan fiduciary net position	$1,779,355
Tax collected in year of levy	$143,980

Other information: 1. All liabilities are current. 2. Assigned funds are all for intended uses, but no formal action taken to commit. 3. Transfers in are virtually all recurring payments in lieu of taxes and franchise fees. 4. Governmental activities debt services includes notes payable of $53,899 thousand. Calculate the following ratios: Budgetary cushion Answer

% Debt Service Burden Answer

% % of principal paid back in 5 years Answer

% % of principal paid back in 10 years Answer

% Quick ratio Answer

Property tax collection rate Answer

% Pension benefit burdens: General Answer

% Fire and Police Answer

% How do Tampa's ratios compare to norms?

Budgetary cushion

Debt Service Burden

% of principal paid back in 5 years

% of principal paid back in 10 years

Quick ratio

Property tax collection rate

Pension benefit burdens