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Riverside Lakeview (dollar amounts in thousands) Population 92,000 96,000 Number of employees 1,050 1,420 Total operating revenues $120,000 $ 170,000 Property tax levy 83,000

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Riverside Lakeview (dollar amounts in thousands) Population 92,000 96,000 Number of employees 1,050 1,420 Total operating revenues $120,000 $ 170,000 Property tax levy 83,000 102,000 Total operating expenditures 112,000 174,000 Cash, investments and receivables 27,000 15,000 Current liabilities 9,000 12,000 Unassigned general-fund balance 7,000 1,000 General obligation debt 21,000 32,000 Total appraised value of property 965,000 1,620,000 1. Compare the financial condition of the two cities based on the following indicators: a. Per capita operating expenditures b. Per capita general obligation debt c. Operating surplus (deficit) d. Liquid assets/current liabilities e. Unassigned general-fund balance/total operating revenues f. Per capita number of employees 2. Compare the financial condition of the two cities based on the following additional measures: a. Operating revenue/total appraised value of property b. Property taxes/total appraised value of property Per capita total appraised value of property c.

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