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Florence · FY2016 municipal finance benchmarks

Fremont County · Southern Colorado · statutory city · Pop. 3,856 (2025 estimate); FY2016 per-resident figures use 3,867 · Census finance data FY2016, FY2021, FY2023

You’re viewing FY2016. See the latest view (FY2023). Latest Census Bureau finance data for Florence: FY2023. Retrieved Oct 2026. Newer years are added when the Census Bureau publishes them. Why the lag?

FY2016 in brief

Florence collected $1,845 per resident (including city-run utilities), 6% above the median of the 224 Colorado municipalities reporting that year, 56% below its peers. Tax revenue per resident sits 77% below its peers, and 30% below the state median. Debt per resident runs 41% below peers.

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

Compared with

Nearest on population, household income and region

FY2016 headline figures

Revenue per resident (definition)

$1,845
56% below peers
Includes city-owned utilities
Peer median
$4,187
CO median · 224 with a published figure
$1,746
Position
Higher than 53% of the 224 reporting
5-year changenominal dollars
Not enough history for a 5-year change

Expenditures per resident (definition)

$1,749
59% below peers
Includes city-owned utilities
Peer median
$4,238
CO median · 196 with a published figure
$1,749
Position
Higher than 50% of the 196 reporting
5-year changenominal dollars
Not enough history for a 5-year change

Tax revenue per resident (definition)

$497
77% below peers
Peer median
$2,115
CO median · 193 with a published figure
$705
Position
Higher than 37% of the 193 reporting
5-year changenominal dollars
Not enough history for a 5-year change

Debt per resident (definition)

$3,577
41% below peers
Peer median
$6,074
CO median · 220 with a published figure
$1,072
Position
Higher than 88% of the 220 reporting
5-year changenominal dollars
Not enough history for a 5-year change

Where the money comes from and where it goes

Per resident, FY2016. Bars show Florence; the gold tick is the peer median. How categories work

The biggest difference from peers is General government: $435 per resident, 72% below the peer median. On the revenue side, sales tax is 76% below peers.

Money in

Revenue

$1,845
per resident56% below peers
Money in: Florence revenue per resident by category, FY2016, against the peer median. Open a category for its lines and Census item codes.
CategoryPer residentvs peers
$8682.4×peers $369
$300in line withpeers $296
$24176% belowpeers $1,020
$16975% belowpeers $683
$13971% belowpeers $476
$8744% belowpeers $154
$4175% belowpeers $163
Peer median of 5 peers · Colorado median of 224 reporting

Money out

Spending

$1,749
per resident59% below peers
Money out: Florence spending per resident by category, FY2016, against the peer median. Open a category for its lines and Census item codes.
CategoryPer residentvs peers
$667in line withpeers $680
$43572% belowpeers $1,557
$32056% belowpeers $726
$1477% belowpeers $159
$12341% belowpeers $209
$4278% belowpeers $186
$15No peer comparisonpeers $0
Peer median of 4 peers · Colorado median of 196 reporting

Florence 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, FY2016. How peers are chosen

Open in Compare
Florence compared with its peer municipalities, FY2016, per resident
MunicipalityRevenueExpendituresTax revenueSales taxDebt
FlorenceUtilities: City-owned utilities (water, electric, gas, transit) brought in 47.1% of total revenue in FY2016. Revenue and spending per resident include them, so cities that run their own utilities read higher than cities that don't.$1,845$1,749$497$241$3,577
WalsenburgUtilities: City-owned utilities (water, electric, gas, transit) brought in 21.5% of total revenue in FY2016. Revenue and spending per resident include them, so cities that run their own utilities read higher than cities that don't.$4,782$4,284$1,616$447$6,074
GlendaleUtilities: City-owned utilities (water, electric, gas, transit) brought in 6.0% of total revenue in FY2016. 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 6.2× the Colorado median.$6,125$5,293$4,606$3,443$6,168
SheridanRegional hub: Sales tax per resident is 3.0× the Colorado median.$3,952$4,193$2,614$1,684$29,151
EdgewaterUtilities: City-owned utilities (water, electric, gas, transit) brought in 23.1% of total revenue in FY2016. Revenue and spending per resident include them, so cities that run their own utilities read higher than cities that don't.$933Not reported for this year$175
TrinidadUtilities: City-owned utilities (water, electric, gas, transit) brought in 42.6% of total revenue in FY2016. 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 1.8× the Colorado median.$4,187$3,824$1,292$1,020$830
Peer median$4,187$4,238$2,115$1,352$6,074

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.

Sources

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