Orivian

Silt · FY2023 municipal finance benchmarks

Garfield County · Western Slope · home rule municipality · Pop. 3,743 (2025 estimate); FY2023 per-resident figures use 3,734 · Census finance data FY2016, FY2021, FY2023

Latest Census Bureau finance data for Silt: 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

Silt collected $1,780 per resident (including city-run utilities), 50% below the median of the 97 Colorado municipalities reporting that year, 83% below its peers. Debt per resident runs 89% below peers.

  • Tax revenue per resident withheld: Tax revenue per resident is 12% 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

FY2023 headline figures

Revenue per resident (definition)

$1,780
83% below peers
Includes city-owned utilities
Peer median
$10,679
CO median · 97 with a published figure
$3,580
Position
Higher than 8% 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)

$2,738
82% below peers
Includes city-owned utilities
Peer median
$14,842
CO median · 91 with a published figure
$3,680
Position
Higher than 30% of the 91 reporting
5-year changenominal dollars
Not enough history for a 5-year change

Tax revenue per resident (definition)

Peer median
Benchmark unavailable
CO median · 90 with a published figure
$1,726
Position
Not reported for this year
5-year changenominal dollars
Withheld with this year's value

Debt per resident (definition)

$472
89% below peers
Peer median
$4,275
CO median · 91 with a published figure
$2,130
Position
Higher than 10% 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 · $1,780
Reported by the city to the Census Bureau

  1. 1Metric

    $1,780 Total revenue divided by population

    = Total revenue ÷ population

    Full definition: Revenue per resident

  2. 2Inputs

    Total revenue $6.6M ÷ population 3,734 (2023 estimate)

  3. 3Census line items

    • A03 Commercial activities (other) charges
    • A50 Housing & community development charges
    • A80 Sewer charges
    • A81 Solid waste charges
    • A91 Water utility charges
    • B89 Federal aid
    • C89 State aid
    • T01 Property tax
    • T09 General sales tax
    • T24 Licenses & permits
    • T28 Licenses & permits
    • T29 Licenses & permits
    • U20 Interest earnings
    • U30 Fines & forfeits
    • U41 Royalties

  4. 4Source file

What the numbers mean

  • Silt runs city-owned utilities, which add 16.7% 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 3,734 residents, small changes in Silt's budget move per-resident figures a lot. Compare several years, not one.

Where the money comes from and where it goes

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

The biggest difference from peers is General government: $585 per resident, 90% below the peer median. On the revenue side, fees & charges is 76% below peers.

Money in

Revenue

$1,780
per resident83% below peers
Money in: Silt revenue per resident by category, FY2023, against the peer median. Open a category for its lines and Census item codes.
CategoryPer residentvs peers
$43776% belowpeers $1,830
$29719% abovepeers $249
$23568% belowpeers $737
$10771% belowpeers $368
Withheldpeers $5,781
Withheldpeers $2,990
Withheldpeers $801
Peer median of 5 peers · Colorado median of 97 reporting

Money out

Spending

$2,738
per resident82% below peers
Money out: Silt spending per resident by category, FY2023, against the peer median. Open a category for its lines and Census item codes.
CategoryPer residentvs peers
$1,3692.4×peers $567
$58590% belowpeers $5,823
$35358% belowpeers $846
$34872% belowpeers $1,222
$6998% belowpeers $4,184
$1585% belowpeers $103
None reported · peers $0$0None reported
Peer median of 4 peers · Colorado median of 91 reporting

Silt 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
Silt compared with its peer municipalities, FY2023, per resident
MunicipalityRevenueExpendituresTax revenueSales taxDebt
SiltUtilities: City-owned utilities (water, electric, gas, transit) brought in 16.7% 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.$1,780$2,738$472
New CastleUtilities: City-owned utilities (water, electric, gas, transit) brought in 12.4% 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.$2,014$529$753
VailRegional hub: Sales tax per resident is 9.1× the Colorado median.$28,156$25,065$19,515$10,490$8,486
Snowmass VillageRegional hub: Sales tax per resident is 5.8× the Colorado median.$19,796$17,473$12,982$6,711$3,319
FriscoUtilities: City-owned utilities (water, electric, gas, transit) brought in 4.5% 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 4.2× the Colorado median.$10,679$12,211$6,113$4,850$5,230
Monte VistaUtilities: City-owned utilities (water, electric, gas, transit) brought in 12.8% 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.$2,008$1,849$805$610Not reported for this year
Peer median$10,679$14,842Benchmark unavailableBenchmark unavailable$4,275

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 $1,095 to FY2023 $1,780.$0$5.3K$10.7K’16’21’23Peer median FY2016: $1,262Peer median FY2021: $1,800Peer median FY2023: $10,679Colorado median FY2016: $1,746 (all 224 municipalities reporting)Colorado median FY2021: $2,476 (all 227 municipalities reporting)FY2016: $1,095FY2021: $1,303FY2023: $1,780

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
Revenue per resident by fiscal year
YearThis cityPeer medianColorado median
FY2016$1,095$1,262$1,746 (224 reporting)
FY2021$1,303$1,800$2,476 (227 reporting)
FY2023$1,780$10,679$3,580 (97 reporting, sample year)
Expenditures per resident
FY2016 $1,313 to FY2023 $2,738.$0$7.4K$14.8K’16’21’23Peer median FY2016: $1,526Peer median FY2021: $1,953Peer median FY2023: $14,842Colorado median FY2016: $1,749 (all 224 municipalities reporting)Colorado median FY2021: $2,208 (all 227 municipalities reporting)FY2016: $1,313FY2021: $1,562FY2023: $2,738. Excludes equipment purchases and payments to other governments, which Census stopped reporting after FY2021.

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 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
FY2016$1,313$1,526$1,749 (196 reporting)
FY2021$1,562$1,953$2,208 (220 reporting)
FY2023$2,738$14,842$3,680 (91 reporting, sample year)
Tax revenue per resident
FY2016 $408 to FY2021 $494. 1 year withheld.$0$536$1.1K’16’21’23Peer median FY2016: $522Colorado median FY2016: $705 (all 224 municipalities reporting)Colorado median FY2021: $1,072 (all 227 municipalities reporting)FY2016: $408FY2021: $494FY2023: withheld — Tax revenue per resident is 12% of the peer median

Fiscal year · nominal dollars, not adjusted for inflation

  • FY2023 withheld: Tax revenue per resident is 12% of the peer median
Show data table
Tax revenue per resident by fiscal year
YearThis cityPeer medianColorado median
FY2016$408$522$705 (193 reporting)
FY2021$494Benchmark unavailable$1,072 (201 reporting)
FY2023Withheld (Tax revenue per resident is 12% of the peer median)Benchmark unavailable$1,726 (90 reporting, sample year)
Debt per resident
FY2016 $180 to FY2023 $472.$0$2.1K$4.3K’16’21’23Peer median FY2016: $1,139Peer median FY2021: $731Peer median FY2023: $4,275Colorado median FY2016: $1,072 (all 224 municipalities reporting)Colorado median FY2021: $1,411 (all 227 municipalities reporting)FY2016: $180FY2021: $591FY2023: $472

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
Debt per resident by fiscal year
YearThis cityPeer medianColorado median
FY2016$180$1,139$1,072 (220 reporting)
FY2021$591$731$1,411 (199 reporting)
FY2023$472$4,275$2,130 (91 reporting, sample year)

Questions about Silt’s finances

How much revenue does Silt collect per resident?
Silt collected $1,780 per resident in FY2023, 50% below the median of the 97 Colorado municipalities reporting that year. See the figure
How does Silt's spending per resident compare with similar cities?
Silt spent $2,738 per resident in FY2023, 82% below the median of its peers: New Castle, Vail, Snowmass Village, Frisco and Monte Vista. See the figure
How much debt does Silt have per resident?
Silt carried $472 of debt per resident in FY2023, 89% below its peers' median. See the figure
Which cities is Silt compared with?
Silt is compared with New Castle, Vail, Snowmass Village, Frisco and Monte Vista: 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)
+4.0%/yr
2023 estimate
Median household income
$86.5K
2023 estimate
Poverty rate
5.8%
2023 estimate
Median home value
$391.4K
2023 estimate
Housing vacancy rate
0.0%
2023 estimate

Explore further

Also in Western Slope

Revenue per resident, latest published year.

Sources

Dataset: Silt, 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 Silt’s largest difference from its peers (90% below the peer median in FY2023). See how that line moves month to month in your own budget-vs-actual.

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