Explain the significance of each of the following ratios. For each of the ratios, indicate whether an increase can be interpreted as a sign of (1) increasing or (2) decreasing fiscal strength. Where appropriate show how an increase in the ratio can be interpreted as a sign of either. Explain and justify your response.

1. Cash, short-term investments, and receivables divided by current liabilities.

2. Revenue from own sources divided by median family income.

3. Number of employees divided by population.

4. Property tax revenues divided by total operating revenues.

5. Non-discretionary expenditures divided by total expenditures.

6. Unassigned general fund balance divided by total operating revenues.

7. Intergovernmental revenues divided by total operating revenues.

8. Expenditure for public safety divided by total expenditures.