Financial Performance
Financial Performance
Transparently providing up-to-date financial information about the use of public funds fosters trust, demonstrates fiscal responsibility, and ensures accountability.
Achieve Outstanding Financial Performance
Operating Expense per Boarding
RTD's operating expense per boarding is detailed below.
| 2020 | 2021 | 2022 | 2023 | October 2024 |
|---|---|---|---|---|
| $16.85 | $18.87 | $17.04 | $17.15 | $17.69 |
Credit Ratings
To see RTD's credit ratings, review the table below.
| FasTracks Revenue Bonds | Certificates of Participation | |
|---|---|---|
| Moody's | AA2 | A1 |
| S&P Global Ratings | AAA | AA |
| Fitch | AA | AA- |
Revenue
RTD's revenue for 2021, 2022, 2023, and revenue budgeted for 2024 are listed below. Revenue is shown in $000's.
| 2021 | 2022 | 2023 | 2024 Budget | |
|---|---|---|---|---|
| Fares | $78,923 | $75,292 | $63,534 | $63,930 |
| Grants | $316,221 | $322,688 | $288,169 | $310,666 |
| Other | $18,596 | $36,073 | $77,165 | $82,845 |
| Sales and Use Taxes | $756,974 | $855,146 | $858,133 | $888,096 |
| Total | $1,170,714 | $1,289,199 | $1,287,001 | $1,345,537 |
Ridership
2024 Ridership details are listed below.
Bus
Light Rail
Commuter Rail
Paratransit
Budgeted Expenditures
Data provided in the chart below is for 2024.
Budgeted Expenditures
State of Colorado Fiscal Health Ratios
The following table outlines nine fiscal health ratios used by the State of Colorado to monitor RTD’s financial health. Below are 2023 audited data. Audited data for 2024 will be posted as soon as practicable.
| State Chosen Metric | RTD Score | State Target |
|---|---|---|
| Cash to Liabilities Ratio | 1.85 | Greater than 1 |
| Working Capital | 5.75 | Greater than 1 |
| Asset Sufficiency | 1.87 | Greater than 1 |
| Unrestricted Net Position | 1.108 | Greater than 0 |
| Net position ratio | .92 | Positive |
| Debt Burden Ration | 2 | Greater than 1 |
| Principal Payments to Total Outstanding Debt | Pass | No continuous decrease over 3 yr period |
| Tax revenue per Capita | Pass | No continuous decrease over 3 yr period |
| Expenses per Capita | Pass | No continuous increase over 3 yr period |