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Romeo · FY2021 municipal finance benchmarks

Conejos County · San Luis Valley · statutory town · Pop. 309 (2025 estimate); FY2021 per-resident figures use 307 · Census finance data FY2016, FY2021

Latest Census Bureau finance data for Romeo: FY2021. Retrieved Oct 2026. Newer years are added when the Census Bureau publishes them. Why the lag?

Compare

FY2021 in brief

Romeo collected $1,945 per resident (including city-run utilities), 21% below the median of the 227 Colorado municipalities reporting that year. Debt per resident runs 64% below peers.

  • Tax revenue per resident withheld: Tax revenue per resident is 24% of the peer median

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

Compared with

Nearest on population, household income and region

FY2021 headline figures

Revenue per resident (definition)

$1,945
21% below peers
Includes city-owned utilities
Peer median
$2,451
CO median · 227 with a published figure
$2,476
Position
Higher than 34% of the 227 reporting
5-year changenominal dollars
+15.4%/yr
How Colorado compares on revenue per resident

Expenditures per resident (definition)

Includes city-owned utilities
Peer median
Benchmark unavailable
CO median · 220 with a published figure
$2,208
Position
Not reported for this year
5-year changenominal dollars
Withheld with this year's value

Tax revenue per resident (definition)

Peer median
Benchmark unavailable
CO median · 201 with a published figure
$1,072
Position
Not reported for this year
5-year changenominal dollars
Withheld with this year's value

Debt per resident (definition)

$235
64% below peers
Peer median
$644
CO median · 199 with a published figure
$1,411
Position
Higher than 10% of the 199 reporting
5-year changenominal dollars
+5.7%/yr
How Colorado compares on debt per resident

How this number was calculated

Revenue per resident · $1,945
Includes Census estimates for 100% of revenue

  1. 1Metric

    $1,945 Total revenue divided by population

    = Total revenue ÷ population

    Full definition: Revenue per resident

  2. 2Inputs

    Total revenue $597K ÷ population 307 (2021 estimate)

  3. 3Census line items

    • A80 Sewer charges
    • A81 Solid waste charges
    • A89 General government (other) charges
    • A91 Water utility charges
    • T01 Property tax
    • U11 Sale of property
    • U99 Miscellaneous

  4. 4Source file

What the numbers mean

  • Romeo runs city-owned utilities, which add 21.9% 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
  • With about 307 residents, small changes in Romeo's budget move per-resident figures a lot. Compare several years, not one.
  • Part of Romeo's FY2021 revenue is a Census Bureau estimate, not a reported figure. How estimates are handled

Where the money comes from and where it goes

Per resident, FY2021. Bars show Romeo; the gold tick is the peer median. How categories work

On the revenue side, the biggest difference from peers is Fees & charges: $954 per resident, 3.9× the peer median.

Money in

Revenue

$1,945
per resident21% below peers
Money in: Romeo revenue per resident by category, FY2021, against the peer median. Open a category for its lines and Census item codes.
CategoryPer residentvs peers
$9543.9×peers $244
$4277% belowpeers $459
$2902.6×peers $112
None reported · peers $583$0None reported
None reported · peers $211$0None reported
None reported · peers $49$0None reported
Withheldpeers $267
Peer median of 4 peers · Colorado median of 227 reporting

Money out

Spending

Categories are withheld with the total until it is verified against Romeo’s audited financial report.

Peer median of 4 peers · Colorado median of 220 reporting

Romeo 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, FY2021. How peers are chosen

Open in Compare
Romeo compared with its peer municipalities, FY2021, per resident
MunicipalityRevenueExpendituresTax revenueSales taxDebt
RomeoUtilities: City-owned utilities (water, electric, gas, transit) brought in 21.9% of total revenue in FY2021. Revenue and spending per resident include them, so cities that run their own utilities read higher than cities that don't.$1,945Not reported for this year$235
BlancaUtilities: City-owned utilities (water, electric, gas, transit) brought in 17.4% of total revenue in FY2021. Revenue and spending per resident include them, so cities that run their own utilities read higher than cities that don't.$1,843$1,562$795$414$644
AlmaUtilities: City-owned utilities (water, electric, gas, transit) brought in 15.2% of total revenue in FY2021. 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 1.7× the Colorado median.$2,983$2,445$1,809$1,431$294
CollbranUtilities: City-owned utilities (water, electric, gas, transit) brought in 11.4% of total revenue in FY2021. Revenue and spending per resident include them, so cities that run their own utilities read higher than cities that don't.$4,840$3,386$493$388Not reported for this year
RicoUtilities: City-owned utilities (water, electric, gas, transit) brought in 24.2% of total revenue in FY2021. Revenue and spending per resident include them, so cities that run their own utilities read higher than cities that don't.$1,918$1,402$1,160$752Not reported for this year
Peer median$2,451Benchmark unavailableBenchmark unavailableNot reported for this year$644

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
FY2016 $951 to FY2021 $1,945.$0$1.2K$2.5K’16’21Peer median FY2016: $945Peer median FY2021: $2,451Colorado median FY2016: $1,746 (all 224 municipalities reporting)Colorado median FY2021: $2,476 (all 227 municipalities reporting)FY2016: $951FY2021: $1,945

Fiscal year · nominal dollars, not adjusted for inflation

Peer group changed in FY2021. 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
FY2016$951$945$1,746 (224 reporting)
FY2021$1,945$2,451$2,476 (227 reporting)
Tax revenue per resident
2 years withheld.$0$536$1.1K’16’21Colorado median FY2016: $705 (all 224 municipalities reporting)Colorado median FY2021: $1,072 (all 227 municipalities reporting)FY2016: withheld — Tax revenue per resident is 32% of the peer medianFY2021: withheld — Tax revenue per resident is 24% of the peer median

Fiscal year · nominal dollars, not adjusted for inflation

  • FY2016 withheld: Tax revenue per resident is 32% of the peer median
  • FY2021 withheld: Tax revenue per resident is 24% of the peer median
Show data table
Tax revenue per resident by fiscal year
YearThis cityPeer medianColorado median
FY2016Withheld (Tax revenue per resident is 32% of the peer median)Benchmark unavailable$705 (193 reporting)
FY2021Withheld (Tax revenue per resident is 24% of the peer median)Benchmark unavailable$1,072 (201 reporting)
Debt per resident
FY2016 $178 to FY2021 $235.$0$705.6$1.4K’16’21Peer median FY2016: $168Peer median FY2021: $644Colorado median FY2016: $1,072 (all 224 municipalities reporting)Colorado median FY2021: $1,411 (all 227 municipalities reporting)FY2016: $178FY2021: $235

Fiscal year · nominal dollars, not adjusted for inflation

Peer group changed in FY2021. 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$178$168$1,072 (220 reporting)
FY2021$235$644$1,411 (199 reporting)

Questions about Romeo’s finances

How much revenue does Romeo collect per resident?
Romeo collected $1,945 per resident in FY2021, 21% below the median of the 227 Colorado municipalities reporting that year. See the figure
How much debt does Romeo have per resident?
Romeo carried $235 of debt per resident in FY2021, 64% below its peers' median. See the figure
Which cities is Romeo compared with?
Romeo is compared with Blanca, Alma, Collbran and Rico: 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)
−5.4%/yr
2021 estimate
Median household income
$35.3K
2021 estimate
Poverty rate
33.9%
2021 estimate
Median home value
$91.5K
2021 estimate
Housing vacancy rate
16.0%
2021 estimate

Explore further

Also in San Luis Valley

Revenue per resident, latest published year.

Sources

Dataset: Romeo, 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

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