Data and Assumptions Report

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Annual Data & Assumptions Report 2019 

 
Welcome

This report provides general information regarding the City’s people, housing, and economy. This information is intended to serve as the basis for projections and assumptions in operational and financial plans generated by City departments and divisions. We also hope this report will provide information for citizens, organizations, and businesses outside the City to assist in preparing reports, feasibility studies, market studies, etc. It is intended that access to this central source of information will ensure better consistency in the assumptions and information included in such reports. For example, all documents, plans, web pages, and information disseminated from City departments should quote population numbers or estimates as presented in this report. The report will be updated annually.

Loveland is a home rule municipality who has a strong collaborative relationship with the North Front Range Metropolitan Organization and the State Demographer’s Office. Understanding the numbers in this report is crucial as it provides foundational information regarding the City’s demographics.

The majority of the information contained in this document comes from the U.S. Census Bureau and the American Community Survey (ACS) 5 Year Estimates (ACS is a part of the Census Bureau). Since the Census only happens every 10 years, most of the information is based on the ACS estimates because it is an ongoing survey that provides vital information on a yearly basis.

The challenge with this information being collected, is it must be sorted and analyzed prior to distribution, and thus, the actual numbers are based on the most recent ACS 5-year estimates which are from 2013 to 2017. All of the other short-term forecasts, i.e. 2019 and 2020, are calculated on proposed projects and other economic factors.

Certain, more localized data sets, such as vacancy rates or building permits can be aggregated on an annual basis. Therefore, these data sets are able to have 2018 year end numbers. These more granular numbers, in turn, are used in helping Loveland project how it will budget and where it will see change over the coming years.

For any additional questions, please contact:

Community & Strategic Planning
P: 970.962.2745
E: eplan-planning@cityofloveland.org