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Cherry Hills Village · FY2023 municipal finance benchmarks

Arapahoe County · Denver Metro · home rule municipality · Pop. 6,389 (2025 estimate); FY2023 per-resident figures use 6,351 · Census finance data FY2016, FY2021, FY2023

Latest Census Bureau finance data for Cherry Hills Village: FY2023. Retrieved Oct 2026. Newer years are added when the Census Bureau publishes them. Why the lag?

City website (opens in a new tab)

Compare

FY2023 in brief

Cherry Hills Village collected $6,787 per resident (including city-run utilities), 90% above the median of the 97 Colorado municipalities reporting that year. Tax revenue per resident sits 58% above its peers, and 2.2× the state median.

Generated from the figures below. Every number links to its Census source.

Compared with

Nearest on population, household income and region

FY2023 headline figures

Revenue per resident (definition)

$6,787
87% above peers
Includes city-owned utilities
Peer median
$3,638
CO median · 97 with a published figure
$3,580
Position
Higher than 76% of the 97 reporting
5-year changenominal dollars
Not enough history for a 5-year change
How Colorado compares on revenue per resident

Expenditures per resident (definition)

$4,110
18% above peers
Includes city-owned utilities
Peer median
$3,483
CO median · 91 with a published figure
$3,680
Position
Higher than 58% of the 91 reporting
5-year changenominal dollars
Not enough history for a 5-year change

Tax revenue per resident (definition)

$3,729
58% above peers
Peer median
$2,353
CO median · 90 with a published figure
$1,726
Position
Higher than 78% of the 90 reporting
5-year changenominal dollars
Not enough history for a 5-year change

Debt per resident (definition)

$3,053
in line with peers
Peer median
$3,199
CO median · 91 with a published figure
$2,130
Position
Higher than 66% of the 91 reporting
5-year changenominal dollars
Not enough history for a 5-year change
How Colorado compares on debt per resident

How this number was calculated

Revenue per resident · $6,787
Reported by the city to the Census Bureau

  1. 1Metric

    $6,787 Total revenue divided by population

    = Total revenue ÷ population

    Full definition: Revenue per resident

  2. 2Inputs

    Total revenue $43.1M ÷ population 6,351 (2023 estimate)

  3. 3Census line items

    • A80 Sewer charges
    • A81 Solid waste charges
    • A89 General government (other) charges
    • A91 Water utility charges
    • C89 State aid
    • D89 Local government aid
    • T01 Property tax
    • T09 General sales tax
    • T19 Selective sales taxes (lodging, utilities, etc.)
    • T28 Licenses & permits
    • T29 Licenses & permits
    • U01 Special assessments
    • U11 Sale of property
    • U20 Interest earnings
    • U30 Fines & forfeits
    • U50 Private donations
    • U99 Miscellaneous

  4. 4Source file

What the numbers mean

  • Cherry Hills Village runs city-owned utilities, which add 0.1% of its revenue. Cities that don't run utilities will look lower on revenue and spending per resident for that reason alone. What counts as utility revenue

Where the money comes from and where it goes

Per resident, FY2023. Bars show Cherry Hills Village; the gold tick is the peer median. How categories work

The biggest difference from peers is General government: $2,527 per resident, 2.1× the peer median. On the revenue side, other revenue is 3.2× peers.

Money in

Revenue

$6,787
per resident87% above peers
Money in: Cherry Hills Village revenue per resident by category, FY2023, against the peer median. Open a category for its lines and Census item codes.
CategoryPer residentvs peers
$2,0213.2×peers $639
$1,8512.5×peers $739
$1,18321% belowpeers $1,496
$7943.1×peers $260
$6947.5×peers $92
$23616% belowpeers $282
$826% belowpeers $11
Peer median of 4 peers · Colorado median of 97 reporting

Money out

Spending

$4,110
per resident18% above peers
Money out: Cherry Hills Village spending per resident by category, FY2023, against the peer median. Open a category for its lines and Census item codes.
CategoryPer residentvs peers
$2,5272.1×peers $1,191
$64669% abovepeers $383
$4055.5×peers $74
$40052% belowpeers $840
$131in line withpeers $133
None reported · peers $394$0None reported
Peer median of 4 peers · Colorado median of 91 reporting

Cherry Hills Village and its peers

The five Colorado municipalities nearest on population, median household income and region. Budget size isn’t a matching factor, so peers aren’t chosen on the figures being compared. Per resident, FY2023. How peers are chosen

Open in Compare
Cherry Hills Village compared with its peer municipalities, FY2023, per resident
MunicipalityRevenueExpendituresTax revenueSales taxDebt
Cherry Hills VillageUtilities: City-owned utilities (water, electric, gas, transit) brought in 0.1% of total revenue in FY2023. Revenue and spending per resident include them, so cities that run their own utilities read higher than cities that don't.$6,787$4,110$3,729$1,183$3,053
Timnath$3,490$3,500$2,599$1,613$4,720
Castle Pines$1,755$1,380$637$529Not reported for this year
SheridanUtilities: City-owned utilities (water, electric, gas, transit) brought in 0.4% of total revenue in FY2023. Revenue and spending per resident include them, so cities that run their own utilities read higher than cities that don't.Regional hub: Sales tax per resident is 2.2× the Colorado median.$5,680$5,621$3,782$2,564$24,519
SuperiorUtilities: City-owned utilities (water, electric, gas, transit) brought in 11.9% of total revenue in FY2023. Revenue and spending per resident include them, so cities that run their own utilities read higher than cities that don't.$3,785$3,467$2,107$1,378$1,038
Peer median$3,638$3,483$2,353$1,378$3,199

Utilities marks a municipality whose revenue and spending include city-owned utilities (water, electric, gas, transit), which raises its per-resident totals.

Regional hub marks a municipality whose sales tax per resident is at least 1.5× the Colorado median: a shopping or visitor hub where people who live elsewhere pay much of the sales tax.

Trends

Every available fiscal year. Lines break where a year is missing or withheld; nothing is interpolated.

  • This city
  • Peer median
  • Withheld (shown on the axis, no value)
  • Colorado median (Census of Governments years only)
Revenue per resident
FY2021 $4,518 to FY2023 $6,787. 1 year withheld.$0$3.4K$6.8K’16’21’23Peer median FY2021: $2,303Peer median FY2023: $3,638Colorado median FY2016: $1,746 (all 224 municipalities reporting)Colorado median FY2021: $2,476 (all 227 municipalities reporting)FY2021: $4,518FY2023: $6,787FY2016: withheld — Revenue per resident is 32% of this city's typical level in other years

Fiscal year · nominal dollars, not adjusted for inflation

  • FY2016 withheld: Revenue per resident is 32% of this city's typical level in other years

Peer group changed in FY2021, FY2023. Peers are matched each year, so the peer median can step when the group changes.

Show data table
Revenue per resident by fiscal year
YearThis cityPeer medianColorado median
FY2016Withheld (Revenue per resident is 32% of this city's typical level in other years)Benchmark unavailable$1,746 (224 reporting)
FY2021$4,518$2,303$2,476 (227 reporting)
FY2023$6,787$3,638$3,580 (97 reporting, sample year)
Expenditures per resident
FY2021 $3,483 to FY2023 $4,110. 1 year withheld.$0$2.1K$4.1K’16’21’23Peer median FY2021: $2,612Peer median FY2023: $3,483Colorado median FY2016: $1,749 (all 224 municipalities reporting)Colorado median FY2021: $2,208 (all 227 municipalities reporting)FY2021: $3,483FY2023: $4,110. Excludes equipment purchases and payments to other governments, which Census stopped reporting after FY2021.FY2016: withheld — Expenditures per resident is 30% of this city's typical level in other years

Fiscal year · nominal dollars, not adjusted for inflation

Census definition change: Excludes equipment purchases and payments to other governments, which Census stopped reporting after FY2021.

  • FY2016 withheld: Expenditures per resident is 30% of this city's typical level in other years

Peer group changed in FY2021, FY2023. Peers are matched each year, so the peer median can step when the group changes.

Show data table
Expenditures per resident by fiscal year
YearThis cityPeer medianColorado median
FY2016Withheld (Expenditures per resident is 30% of this city's typical level in other years)Benchmark unavailable$1,749 (196 reporting)
FY2021$3,483$2,612$2,208 (220 reporting)
FY2023$4,110$3,483$3,680 (91 reporting, sample year)
Tax revenue per resident
FY2016 $1,564 to FY2023 $3,729.$0$1.9K$3.7K’16’21’23Peer median FY2016: $530Peer median FY2021: $1,393Peer median FY2023: $2,353Colorado median FY2016: $705 (all 224 municipalities reporting)Colorado median FY2021: $1,072 (all 227 municipalities reporting)FY2016: $1,564FY2021: $3,535FY2023: $3,729

Fiscal year · nominal dollars, not adjusted for inflation

Peer group changed in FY2021, FY2023. Peers are matched each year, so the peer median can step when the group changes.

Show data table
Tax revenue per resident by fiscal year
YearThis cityPeer medianColorado median
FY2016$1,564$530$705 (193 reporting)
FY2021$3,535$1,393$1,072 (201 reporting)
FY2023$3,729$2,353$1,726 (90 reporting, sample year)
Debt per resident
FY2021 $3,247 to FY2023 $3,053.$0$1.6K$3.2K’16’21’23Peer median FY2021: $2,390Peer median FY2023: $3,199Colorado median FY2021: $1,411 (all 227 municipalities reporting)FY2021: $3,247FY2023: $3,053

Fiscal year · nominal dollars, not adjusted for inflation

Peer group changed in FY2023. Peers are matched each year, so the peer median can step when the group changes.

Show data table
Debt per resident by fiscal year
YearThis cityPeer medianColorado median
FY2016———
FY2021$3,247$2,390$1,411 (199 reporting)
FY2023$3,053$3,199$2,130 (91 reporting, sample year)

Questions about Cherry Hills Village’s finances

How much revenue does Cherry Hills Village collect per resident?
Cherry Hills Village collected $6,787 per resident in FY2023, 90% above the median of the 97 Colorado municipalities reporting that year. See the figure
How does Cherry Hills Village's spending per resident compare with similar cities?
Cherry Hills Village spent $4,110 per resident in FY2023, 18% above the median of its peers: Timnath, Castle Pines, Sheridan and Superior. See the figure
How much debt does Cherry Hills Village have per resident?
Cherry Hills Village carried $3,053 of debt per resident in FY2023, in line with its peers' median. See the figure
Which cities is Cherry Hills Village compared with?
Cherry Hills Village is compared with Timnath, Castle Pines, Sheridan and Superior: the Colorado municipalities nearest to it on population, median household income and region. Budget size isn't used, so peers aren't chosen on the figures being compared. See the peer table
Where do these numbers come from?
From the U.S. Census Bureau's Annual Survey of State and Local Government Finances, as each government reported its own fiscal year, divided by Census population estimates. Figures that fail quality checks are withheld rather than shown. Sources and methodology

Community context

American Community Survey 5-year estimates and Census population estimates. Where the selected year isn’t available, the nearest earlier year is shown and labeled.

Population growth (5-yr)
−1.1%/yr
2023 estimate
Median household income
$250K
2023 estimate
Poverty rate
1.4%
2023 estimate
Median home value
$2M
2023 estimate
Housing vacancy rate
6.5%
2023 estimate

Explore further

Also in Denver Metro

Revenue per resident, latest published year.

Sources

Dataset: Cherry Hills Village, CO municipal finance benchmarks

Free to reuse under CC BY 4.0 (opens in a new tab). Please credit “Source: Orivian Municipal Index, orivian.ai/benchmarks”. See the data use terms.

Notes: dollars are nominal (not inflation-adjusted). Colorado medians cover the municipalities reporting that year. Peers: nearest on population, income and region. Definitions: orivian.ai/benchmarks/methodology.Retrieved October 12, 2026 from orivian.ai/benchmarks.

Every figure on this page is read from the published index; nothing is recalculated for display. Read the methodology

General government is Cherry Hills Village’s largest difference from its peers (2.1× the peer median in FY2023). See how that line moves month to month in your own budget-vs-actual.

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