Sheridan · FY2023 municipal finance benchmarks

Name: Sheridan, CO municipal finance benchmarks
Creator: Orivian
License: https://creativecommons.org/licenses/by/4.0/

Arapahoe County · Denver Metro · home rule municipality · Pop. 5,972 (2025 estimate); FY2023 per-resident figures use 5,977 · Census finance data FY2016, FY2018, FY2019, FY2020, FY2021, FY2022, FY2023

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

City website (opens in a new tab)

Fiscal yearCompare

FY2023 in brief

Sheridan collected $5,680 per resident (including city-run utilities), 59% above the median of the 97 Colorado municipalities reporting that year, 12% below its peers. Tax revenue per resident sits in line with its peers, but 2.2× the state median. Debt per resident runs 7.6× peers.

Regional hub: sales tax per resident is 2.2× the Colorado median.

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

Compared with

Nearest on population, household income and region

Revenue per resident (definition)

$5,680

12% below peers

Includes city-owned utilities

Peer median: $6,486
CO median · 97 with a published figure Median of the 97 Colorado municipalities with FY2023 Census finance data. In FY2016 and FY2021 the Census covers every municipality; in other years it surveys a sample, mostly larger cities.: $3,580
Position: Higher than 71% of the 97 reporting
5-year changenominal dollars: +6.2%/yr

How Colorado compares on revenue per resident

Expenditures per resident (definition)

$5,621

in line with peers

Includes city-owned utilities

Peer median: $5,576
CO median · 91 with a published figure Median of the 91 Colorado municipalities with FY2023 Census finance data. In FY2016 and FY2021 the Census covers every municipality; in other years it surveys a sample, mostly larger cities.: $3,680
Position: Higher than 74% of the 91 reporting
5-year changenominal dollars: −1.4%/yr

Tax revenue per resident (definition)

$3,782

in line with peers

Peer median: $3,800
CO median · 90 with a published figure Median of the 90 Colorado municipalities with FY2023 Census finance data. In FY2016 and FY2021 the Census covers every municipality; in other years it surveys a sample, mostly larger cities.: $1,726
Position: Higher than 79% of the 90 reporting
5-year changenominal dollars: +5.9%/yr

Debt per resident (definition)

$24,519

7.6× peers

Peer median: $3,222
CO median · 91 with a published figure Median of the 91 Colorado municipalities with FY2023 Census finance data. In FY2016 and FY2021 the Census covers every municipality; in other years it surveys a sample, mostly larger cities.: $2,130
Position: Higher than 93% of the 91 reporting
5-year changenominal dollars: −3.1%/yr

How Colorado compares on debt per resident

How this number was calculated

Revenue per resident · $5,680

Reported by the city to the Census Bureau

1Metric
$5,680 Total revenue divided by population
= Total revenue ÷ population
Full definition: Revenue per resident
2Inputs
Total revenue $34M ÷ population 5,977 (2023 estimate)
3Census line items
- A91 Water utility charges
- C89 State aid
- D89 Local government aid
- T01 Property tax
- T09 General sales tax
- T11 Selective sales taxes (lodging, utilities, etc.)
- T15 Selective sales taxes (lodging, utilities, etc.)
- T20 Licenses & permits
- T28 Licenses & permits
- T29 Licenses & permits
- U11 Sale of property
- U20 Interest earnings
- U30 Fines & forfeits
- U99 Miscellaneous
4Source file
- Annual Survey of State & Local Government Finances 2024 - Individual Unit File
  Value for
  FY2023
  Survey file
  2024
  The 2024 Census survey covers fiscal years ending July 1, 2023 through June 30, 2024, so a fiscal year ending December 31, 2023 is FY2023.
  Retrieved October 12, 2026 · View source: Annual Survey of State & Local Government Finances 2024 - Individual Unit File (opens in a new tab)
- Population Estimates Program, Vintage 2025 - incorporated places
  Value for
  FY2023
  Source year
  2025
  Retrieved October 7, 2026 · View source: Population Estimates Program, Vintage 2025 - incorporated places (opens in a new tab)

What the numbers mean

Sheridan runs city-owned utilities, which add 0.4% 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
Debt per resident is 7.6× the peer median. One large bond issue can do this; check the city's annual financial report for what it funded.

Where the money comes from and where it goes

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

Regional hub: sales tax per resident is 2.2× the Colorado median.

Sales tax per resident is high, which usually means many non-residents shop, stay or work here. Per-resident figures divide citywide totals by residents only, so they overstate what residents themselves pay and use.

The biggest difference from peers is Parks, libraries & community: $1,880 per resident, 2.9× the peer median. On the revenue side, property tax is 5.4× peers.

Money in

Revenue

$5,680

per resident12% below peers

Money in: Sheridan revenue per resident by category, FY2023, against the peer median. Open a category for its lines and Census item codes.
Category	Per resident	Peer median	vs peers	Share of revenue
	$2,565	$2,251	14% above peerspeers $2,251	45%

General sales tax $2,565 · peers $2,251 General sales and use tax. Census line items T09 General sales tax
	$1,084	$199	5.4× peerspeers $199	19%

Property tax $1,084 · peers $199 Property tax levied by the municipality. Census line items T01 Property tax
	$1,084	$449	2.4× peerspeers $449	19%

Miscellaneous $640 · peers $114 Interest earnings $267 · peers $207 Fines & forfeits $158 · peers $4 Sale of property $18 · peers $8 Interest earnings, fines, rents, special assessments, donations and sales of property. Census line items U11 Sale of property U20 Interest earnings U30 Fines & forfeits U99 Miscellaneous
	$792	$464	71% above peerspeers $464	14%

Local government aid $557 · peers $0 State aid $235 · peers $211 Grants and shared revenue from federal, state and local governments. Census line items C89 State aid D89 Local government aid
	$133	$269	51% below peerspeers $269	2%

Selective sales taxes (lodging, utilities, etc.) $88 · peers $112 Licenses & permits $45 · peers $158 Lodging, utility, tobacco and other selective sales taxes, licenses and permits, and other taxes. Census line items T11 Selective sales taxes (lodging, utilities, etc.) T15 Selective sales taxes (lodging, utilities, etc.) T20 Licenses & permits T28 Licenses & permits T29 Licenses & permits
	$22	$435	95% below peerspeers $435	<1%

Water utility charges $22 · peers $433 Revenue of city-owned water, electric, gas and transit systems. Census line items A91 Water utility charges
None reported · peers $582	$0	$582	None reported	0%

Sheridan reported nothing in this category for FY2023. Charges for services such as sewer, trash, recreation, parking and airports.

Peer median of 5 peers · Colorado median of 97 reporting

Money out

Spending

$5,621

per residentin line with peers

Money out: Sheridan spending per resident by category, FY2023, against the peer median. Open a category for its lines and Census item codes.
Category	Per resident	Peer median	vs peers	Share of spending
	$1,880	$652	2.9× peerspeers $652	33%

Housing & community development $1,682 · peers $0 Parks & recreation $198 · peers $604 Parks and recreation, libraries, housing and community development. Census line items E50 Housing & community development E61 Parks & recreation
	$1,355	$923	47% above peerspeers $923	24%

Police $946 · peers $567 incl. $22 construction Fire protection $410 · peers $0 incl. $22 construction Police, fire protection, inspection and corrections. Census line items E24 Fire protection E62 Police F62 Police
	$1,196	$1,771	32% below peerspeers $1,771	21%

Central staff services $545 · peers $173 General government (other) $474 · peers $1,407 General public buildings $79 · peers $58 incl. $37 construction Judicial & legal $72 · peers $23 Financial administration $26 · peers $120 incl. $37 construction Administration, finance, legal and courts, public buildings and other general government. Census line items E23 Financial administration E25 Judicial & legal E29 Central staff services E31 General public buildings F31 General public buildings M89 General government (other)
	$1,029	$136	7.6× peerspeers $136	18%

Interest on debt $1,029 · peers $136 Interest paid on the municipality's debt. Includes Census Bureau estimates for this year. Census line items I89 Interest on debt
	$145	$1,054	86% below peerspeers $1,054	3%

Sewer $145 · peers $218 Water, sewer, solid waste, electric and gas utilities, and natural resources. Census line items E80 Sewer
	$11	$203	94% below peerspeers $203	<1%

Streets & highways $11 · peers $203 incl. $3 construction incl. $3 construction Streets and highways, transit, parking and airports. Census line items E44 Streets & highways F44 Streets & highways
	$4	$0	No peer comparisonpeers $0	<1%

Health $4 · peers $0 Health, hospitals and public welfare. Census line items E32 Health

Peer median of 5 peers · Colorado median of 91 reporting

Sheridan 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

Sheridan compared with its peer municipalities, FY2023, per resident
Municipality	Revenue	Expenditures	Tax revenue	Sales tax	Debt
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
EdgewaterUtilities: City-owned utilities (water, electric, gas, transit) brought in 10.4% 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 1.6× the Colorado median.	$2,629	$2,952	$1,949	$1,862	Not reported for this year
Estes ParkUtilities: City-owned utilities (water, electric, gas, transit) brought in 44.3% 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 3.5× the Colorado median.	$11,394	$11,678	$4,347	$3,994	$6,548
GlendaleUtilities: City-owned utilities (water, electric, gas, transit) brought in 4.6% 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 4.0× the Colorado median.	$9,366	$8,167	$7,601	$4,604	$2,626
TrinidadUtilities: City-owned utilities (water, electric, gas, transit) brought in 37.9% 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.	$4,931	$5,200	$1,757	$1,472	$257
Manitou SpringsUtilities: City-owned utilities (water, electric, gas, transit) brought in 6.7% 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 1.9× the Colorado median.	$6,486	$5,576	$3,800	$2,251	$3,819
Peer median	$6,486	$5,576	$3,800	$2,251	$3,222

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

Fiscal year · nominal dollars, not adjusted for inflation

Peer group changed in FY2018, FY2020, FY2021, FY2022, 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
Year	This city	Peer median	Colorado median
FY2016	$3,952	$2,000	$1,746 (224 reporting)
FY2018	$4,204	$4,032	$2,529 (75 reporting, sample year)
FY2019	$4,554	$4,457	$2,694 (73 reporting, sample year)
FY2020	$4,685	$4,605	$2,739 (76 reporting, sample year)
FY2021	$4,704	$5,112	$2,476 (227 reporting)
FY2022	$5,185	$5,096	$3,031 (72 reporting, sample year)
FY2023	$5,680	$6,486	$3,580 (97 reporting, sample year)

Expenditures per resident

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.

Peer group changed in FY2018, FY2020, FY2021, FY2022, FY2023, the same year as the census definition change. Peers are matched each year, so the peer median can step when the group changes.

Show data table

Expenditures per resident by fiscal year
Year	This city	Peer median	Colorado median
FY2016	$4,193	$3,325	$1,749 (196 reporting)
FY2018	$6,035	$3,579	$2,387 (74 reporting, sample year)
FY2019	$4,480	$4,051	$2,759 (71 reporting, sample year)
FY2020	$4,806	$3,713	$2,485 (74 reporting, sample year)
FY2021	$4,291	$4,262	$2,208 (220 reporting)
FY2022	$4,786	$5,080	$3,025 (71 reporting, sample year)
FY2023	$5,621	$5,576	$3,680 (91 reporting, sample year)

Tax revenue per resident

Fiscal year · nominal dollars, not adjusted for inflation

Peer group changed in FY2018, FY2020, FY2021, FY2022, 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
Year	This city	Peer median	Colorado median
FY2016	$2,614	$1,748	$705 (193 reporting)
FY2018	$2,845	$1,668	$1,173 (70 reporting, sample year)
FY2019	$3,102	$1,830	$1,187 (71 reporting, sample year)
FY2020	$3,159	$2,071	$1,238 (72 reporting, sample year)
FY2021	$3,411	$2,888	$1,072 (201 reporting)
FY2022	$3,553	$2,025	$1,631 (71 reporting, sample year)
FY2023	$3,782	$3,800	$1,726 (90 reporting, sample year)

Debt per resident

Fiscal year · nominal dollars, not adjusted for inflation

Peer group changed in FY2018, FY2020, FY2021, FY2022, 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
Year	This city	Peer median	Colorado median
FY2016	$29,151	$605	$1,072 (220 reporting)
FY2018	$28,656	$1,670	$1,644 (70 reporting, sample year)
FY2019	$27,998	$2,086	$1,627 (69 reporting, sample year)
FY2020	$27,122	$2,825	$1,798 (71 reporting, sample year)
FY2021	$26,494	$959	$1,411 (199 reporting)
FY2022	$25,696	$3,276	$2,068 (73 reporting, sample year)
FY2023	$24,519	$3,222	$2,130 (91 reporting, sample year)

Questions about Sheridan’s finances

How much revenue does Sheridan collect per resident?: Sheridan collected $5,680 per resident in FY2023, 59% above the median of the 97 Colorado municipalities reporting that year. See the figure
How does Sheridan's spending per resident compare with similar cities?: Sheridan spent $5,621 per resident in FY2023, in line with the median of its peers: Edgewater, Estes Park, Glendale, Trinidad and Manitou Springs. See the figure
How much debt does Sheridan have per resident?: Sheridan carried $24,519 of debt per resident in FY2023, 7.6× its peers' median. See the figure
Which cities is Sheridan compared with?: Sheridan is compared with Edgewater, Estes Park, Glendale, Trinidad and Manitou Springs: 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): −0.4%/yr; 2023 estimate
Median household income: $58.6K; 2023 estimate
Poverty rate: 13.5%; 2023 estimate
Median home value: $360.9K; 2023 estimate
Housing vacancy rate: 5.2%; 2023 estimate

Explore further

Also in Denver Metro

Cherry Hills Village$6,787 · FY2023
Edgewater$2,629 · FY2023
Glendale$9,366 · FY2023
Bennett$4,690 · FY2022
Lyons$5,905 · FY2023
Deer Trail$1,174 · FY2021
Columbine Valley$3,075 · FY2021
Nederland$3,649 · FY2021

Revenue per resident, latest published year.

Sources

American Community Survey 5-year estimates 2019-2023 · 2023
U.S. Census Bureau
Retrieved October 7, 2026View source: American Community Survey 5-year estimates 2019-2023 (opens in a new tab)
Annual Survey of State & Local Government Finances 2024 - Individual Unit File · 2024 survey file
U.S. Census Bureau
Retrieved October 12, 2026View source: Annual Survey of State & Local Government Finances 2024 - Individual Unit File (opens in a new tab)
Population Estimates Program, Vintage 2025 - incorporated places · 2025
U.S. Census Bureau
Retrieved October 7, 2026View source: Population Estimates Program, Vintage 2025 - incorporated places (opens in a new tab)

Dataset: Sheridan, 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

Parks, libraries & community is Sheridan’s largest difference from its peers (2.9× the peer median in FY2023). See how that line moves month to month in your own budget-vs-actual.

Orivian applies the same sourced, governed approach to your city's own budget-vs-actual data.

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Sheridan · FY2023 municipal finance benchmarks

FY2023 in brief

FY2023 headline figures

Revenue per resident (definition)

Expenditures per resident (definition)

Tax revenue per resident (definition)

Debt per resident (definition)

How this number was calculated

What the numbers mean

Where the money comes from and where it goes

Money in

Money out

Sheridan and its peers

Trends

Questions about Sheridan’s finances

Community context

Explore further

Also in Denver Metro

Sources

Parks, libraries & community is Sheridan’s largest difference from its peers (2.9× the peer median in FY2023). See how that line moves month to month in your own budget-vs-actual.