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Home My WebLink AboutMONTH 2026 04Page 1 of 7 OVERVIEW This monthly financial report reflects the City’s revenue and expenditures/expenses for the fiscal year through April 30, 2026. A detailed analysis, including budget to actual comparison, will be prepared quarterly in accordance with the City’s financial management policies. GENERAL FUND The General Fund is used to account for resources that are not generally dedicated for a specific purpose. The General Fund is used to meet the basic services that the City provides including, but not limited to, police protection, parks and recreation, human services, municipal court, street maintenance and planning, economic development, and administrative functions. The table below displays the year-to-date revenues and expenditures for the General Fund. Economic Development and Operating reserves are established internally in accordance with the City’s Policy on Stabilization Funds, as outlined in the 2025-2026 Adopted Budget. General REVENUES: Taxes 49,334,022$ Licenses and permits 2,752,824 Grants / intergovernmental 1,586,587 Charges for services 3,719,338 Interdepartmental services 15,281 Fines and penalties 852,724 Miscellaneous 637,765 Investment Earnings 1,584,439 TOTAL REVENUES 60,482,980 EXPENDITURES: Personnel 28,750,257 Supplies 614,285 Contracted Services 8,277,791 Capital Outlay 982,272 Internal Services 5,795,685 TOTAL EXPENDITURES 44,420,290 CHANGE IN FUND BALANCE 16,062,690 BEGINNING FUND BALANCE, Jan 1 117,351,219 ENDING FUND BALANCE, Apr 30 133,413,909$ ECONOMIC DEVELOPMENT RESERVE 2,500,000 OPERATING RESERVES 22,062,892 AVAILABLE FUND BALANCE, Apr 30 108,851,017$ Monthly Financial Report April 2026 Monthly Financial Report City of Renton, Washington April 2026 Page 2 of 7 SPECIAL REVENUE FUNDS Special revenue funds are used to account for revenues that are to be used for a specific purpose as required by law or legislative action. The table below displays the year-to-date revenues and expenditures for the City’s special revenue funds. DEBT SERVICE FUND Debt service funds are used to account for the accumulation of resources for the payment of principal and interest related to the City’s general obligation bond issues. The table below displays the year-to-date revenues and expenditures for the City’s debt service fund. Debt service reserves are established internally in accordance with the City’s Policy on Stabilization Funds, as outlined in the 2025-2026 Adopted Budget. Hotel-Motel Tax Cable Communications Housing and Supportive Services Affordable Housing Springbrook Wetlands Fire Impact Mitigation District Impact Mitigation Police Seizure Police CSAM Seizure REVENUES: Taxes 144,512$ -$ 1,521,860$ -$ -$ -$ -$ -$ -$ Licenses and permits - 20,455 - - - - - - - Grants / intergovernmental - - - - 4,383 - - 1,790 - Charges for services - - - - - 42,543 - - - Contributions 10,000 - - - - - - 208,629 - Investment Earnings 15,000 4,907 188,075 3,468 8,281 - - 6,569 1,528 TOTAL REVENUES 169,512 25,362 1,709,935 3,468 12,664 42,543 - 216,988 1,528 EXPENDITURES: Personnel - - - - 2,179 - - - - Supplies - 67 - - - - - 3,230 - Contracted Services 23,739 - 512,483 - 894 36,518 (21,813) 21,889 - Capital Outlay - - - - - - - 45,894 - TOTAL EXPENDITURES 23,739 67 512,483 - 3,073 36,518 (21,813) 71,013 - CHANGE IN FUND BALANCE 145,773 25,295 1,197,452 3,468 9,591 6,025 21,813 145,975 1,528 BEGINNING FUND BALANCE, Jan 1 1,239,408 425,167 15,888,693 303,608 725,678 - - 536,123 133,967 ENDING FUND BALANCE, Apr 30 1,385,181$ 450,462$ 17,086,145$ 307,076$ 735,269$ 6,025$ 21,813$ 682,098$ 135,495$ General Governmental Misc Debt REVENUES: Grants / intergovernmental 9,702$ Investment Earnings 68,592 TOTAL REVENUES 78,294 EXPENDITURES: Interest 10,455 TOTAL EXPENDITURES 10,455 CHANGE IN FUND BALANCE 67,839 BEGINNING FUND BALANCE, Jan 1 6,009,894 ENDING FUND BALANCE, Apr 30 6,077,733$ Debt Service Reserve 2,704,675 AVAILABLE FUND BALANCE 3,373,058$ Monthly Financial Report City of Renton, Washington April 2026 Page 3 of 7 CAPITAL PROJECT FUNDS Capital project funds are used to account for the acquisition and construction of major capital facilities and equipment. The table below displays the year-to-date revenues and expenditures for the City’s capital project funds. CS Impact Mitigation Transportation Impact Mitigation REET 1 REET 2 Municipal Facilities CIP Capital Investment REVENUES: Taxes -$ -$ 725,423$ 725,423$ -$ 1,503,650$ Grants / intergovernmental - - - - 3,421,299 577,997 Charges for services 125,770 431,192 - - - - Contributions - - - - - 42,139 Investment Earnings 6,504 160,259 15,012 25,540 337,117 204,173 TOTAL REVENUES 132,274 591,451 740,435 750,963 3,758,416 2,327,959 EXPENDITURES: Personnel - - - - 3,376 153,929 Supplies - - - - 1,382 15,482 Contracted Services - - - - 65,886 75,459 Capital Outlay - - - - 16,336,642 2,689,527 TOTAL EXPENDITURES - - - - 16,407,286 2,934,397 CHANGE IN FUND BALANCE 132,274 591,451 740,435 750,963 (12,648,870) (606,438) BEGINNING FUND BALANCE, Jan 1 488,506 13,744,980 1,132,196 2,044,125 29,511,409 17,319,641 ENDING FUND BALANCE, Apr 30 620,780$ 14,336,431$ 1,872,631$ 2,795,088$ 16,862,539$ 16,713,203$ Monthly Financial Report City of Renton, Washington April 2026 Page 4 of 7 ENTERPRISE FUNDS Enterprise funds are used to account for operations that are financed and operated in a manner similar to private business enterprises. The table below displays the year-to-date revenues and expenses of the City’s enterprise funds. Amounts restricted for debt service are in accordance with revenue bond requirements. Operating reserves are established internally in accordance with the City’s Policy on Stabilization Funds, as outlined in the 2025-2026 Adopted Budget. Airport Solid Waste Utility Golf Course Water Utility Wastewater Utility Metro Surface Water Utility REVENUES: Licenses and permits -$ -$ -$ -$ 35,150$ -$ 10,125$ Grants / intergovernmental 382,280 115,698 - - - - 2,862,825 Charges for services 2,098,021 9,347,999 884,678 5,710,156 4,356,261 8,177,687 5,133,880 Fines and penalties 1,000 - - - - - - Rents, leases, and misc fees - - 106,776 56,966 - - - Interest and other misc 138,870 39,552 37,842 1,405,854 876,750 94,023 422,435 TOTAL REVENUES 2,620,171 9,503,249 1,029,296 7,172,976 5,268,161 8,271,710 8,429,265 EXPENSES: Personnel 494,642 211,874 611,931 1,716,576 978,654 - 1,583,549 Supplies 38,008 9,272 196,180 376,835 19,265 - 43,813 Contracted Services 266,132 8,994,682 74,962 1,225,101 954,646 8,213,267 659,253 Internal Services 140,907 162,347 162,877 747,190 457,141 - 786,689 TOTAL OPERATING EXPENSES 939,689 9,378,175 1,045,950 4,065,702 2,409,706 8,213,267 3,073,304 AMOUNT AVAILABLE FOR DEBT SERVICE, CAPITAL, AND TRANSFERS 1,680,482 125,074 (16,654) 3,107,274 2,858,455 58,443 5,355,961 DEBT SERVICE: Principal - - 15,281 - - - - Interest - - 160 - - - - TOTAL DEBT SERVICE - - 15,441 - - - - CAPITAL OUTLAY 443,628 - 92,561 351,487 1,861,840 - 2,061,457 Transfers In - - 172,500 - - - - Transfers Out - - (172,500) - - - - NET TRANSFERS - - - - - - - CHANGE IN FUND BALANCE 1,236,854 125,074 (124,656) 2,755,787 996,615 58,443 3,294,504 BEGINNING FUND BALANCE, Jan 1 11,691,199 3,942,992 2,863,061 57,840,533 28,172,052 8,193,957 29,360,155 ENDING FUND BALANCE, Apr 30 12,928,053$ 4,068,066$ 2,738,405$ 60,596,320$ 29,168,667$ 8,252,400$ 32,654,659$ Restricted for Debt Service - - - 1,394,051 661,227 - 754,868 Operating Reserve 297,346 400,000 1,060,123 1,909,027 1,044,116 380,000 1,341,363 AVAILABLE FUND BALANCE 12,630,707$ 3,668,066$ 1,678,282$ 57,293,242$ 27,463,324$ 7,872,400$ 30,558,428$ Monthly Financial Report City of Renton, Washington April 2026 Page 5 of 7 INTERNAL SERVICE FUNDS Internal service funds are used to account for the goods and services furnished by one City department to other City departments on a cost reimbursement basis. The table below displays the year-to-date revenues and expenses of the City’s internal service funds. Insurance reserves for the Healthcare Fund are established at a rate of 30% of current year budgeted expenses. 100% of the Retiree Healthcare fund balance is reserved for OPEB. Equipment Rental Insurance Information Technology Facilities Healthcare Retiree Healthcare REVENUES: Technology Fee -$ -$ 79,206$ -$ -$ -$ Charges for services: Equipment rental m&o 867,035 - 2,434,594 - - - Facilities - - - 2,014,148 - - Interest and other misc 228,432 322,833 103,335 28,208 123,800 232,009 Internal service fund misc: Vehicle/equipment capital recovery 720,531 - - - - - Insurance premiums - 877,362 - - - - Worker's comp/unemployment - 751,201 - - - - Benefit premiums - - - - 5,039,785 - Other misc 291 - - 60,061 218,326 62,442 Insurance recoveries 39,183 62,096 - - (65) - TOTAL REVENUES 1,855,472 2,013,492 2,617,135 2,102,417 5,381,846 294,451 EXPENSES: Personnel 247,848 768,985 1,477,942 1,402,215 4,794,369 490,533 Supplies 614,055 1,205 1,874,094 205,680 935 - Contracted Services 120,609 1,486,976 1,645,638 665,896 193,903 28,211 Internal Services 38,835 - 1,238 53,191 35,960 - TOTAL OPERATING EXPENSES 1,021,347 2,257,166 4,998,912 2,326,982 5,025,167 518,744 AMOUNT AVAILABLE FOR DEBT SERVICE, CAPITAL, AND TRANSFERS 834,125 (243,674) (2,381,777) (224,565) 356,679 (224,293) CAPITAL OUTLAY 2,365,421 - 202,145 - - - CHANGE IN FUND BALANCE (1,531,296) (243,674) (2,583,922) (224,565) 356,679 (224,293) BEGINNING FUND BALANCE, Jan 1 20,116,733 28,847,562 11,064,176 2,710,622 10,253,712 20,485,326 ENDING FUND BALANCE, Apr 30 18,585,437$ 28,603,888$ 8,480,254$ 2,486,057$ 10,610,391$ 20,261,033$ Insurance Reserves - 20,583,977 - - 5,492,932 20,261,033 Opearting Reserves 14,898,543 - 2,785,647 247,166 - - AVAILABLE FUND BALANCE 3,686,894$ 8,019,911$ 5,694,607$ 2,238,891$ 5,117,459$ -$ Monthly Financial Report City of Renton, Washington April 2026 Page 6 of 7 FIDUCIARY FUNDS Fiduciary funds are used to account for assets held by the City in a trustee capacity. These assets are not available for City use as they are not City assets. The table below displays year-to-date revenues and expenditures of the City’s fiduciary funds. Firemens' Pension Custodial Fund REVENUES: Investment Earnings 119,772$ -$ Collected for Others - 3,548,161 TOTAL REVENUES 119,772 3,548,161 EXPENDITURES: Contracted Services 3,900 - Distributions to Others 66,968 869,536 TOTAL EXPENDITURES 70,868 869,536 CHANGE IN FUND BALANCE 48,904 2,678,625 BEGINNING FUND BALANCE, Jan 1 10,529,696 - ENDING FUND BALANCE, Apr 30 10,578,600$ 2,678,625$ Monthly Financial Report City of Renton, Washington April 2026 Page 7 of 7 CONTACT INFORMATION This report is prepared by the Finance Department. For additional financial information, please also review our website: http://www.rentonwa.gov/. For any questions about the report, please feel free to contact Nate Malone nmalone@rentonwa.gov or Kristin Trivelas ktrivelas@rentonwa.gov . City of Renton All Funds - Revenue, Expenditures and Fund Balances Budgetary Basis through April 30, 2026 Funds Balance 01/01/2026 Budgeted Revenue Revenue 04/30/26 Total Funds Available Budgeted Expenditure Expenditure 04/30/26 Ending Balance GENERAL FUND 117,351,219 150,007,362 60,482,980 177,834,199 153,392,081 44,420,290 133,413,909 SPECIAL REVENUE FUNDS: 19,252,644 4,650,000 2,182,000 21,434,644 2,282,674 625,080 20,809,564 110 Hotel Motel 1,239,408 350,000 169,512 1,408,920 - 23,739 1,385,181 127 Cable Communication 425,167 60,000 25,362 450,529 97,674 67 450,462 130 Housing and Supportive Services 15,888,693 4,030,000 1,709,935 17,598,628 1,935,000 512,483 17,086,145 135 Springbrook Wetlands Bank 725,678 - 12,664 738,342 40,000 3,073 735,269 140 Police Seizure 536,123 - 216,988 753,111 - 71,013 682,098 141 Police CSAM Seizure 133,967 - 1,528 135,495 - - 135,495 150 Affordable Housing Development 303,608 - 3,468 307,076 - - 307,076 31X School District Impact Mitigation - 10,000 - - 10,000 (21,813) 21,813 304 Fire Mitigation - 200,000 42,543 42,543 200,000 36,518 6,025 DEBT SERVICE FUND 6,009,894 2,943,075 78,294 6,088,188 2,941,644 10,455 6,077,733 CAPITAL PROJECT FUNDS (CIP): 64,240,857 14,365,000 8,301,498 72,542,355 11,255,475 19,341,683 53,200,672 303 Community Services Mitigation 488,506 100,000 132,274 620,780 - - 620,780 305 Transportation Mitigation 13,744,980 1,000,000 591,451 14,336,431 749,000 - 14,336,431 308 REET1 1,132,196 2,520,000 740,435 1,872,631 700,000 - 1,872,631 309 REET2 2,044,125 2,520,000 750,963 2,795,088 2,146,475 - 2,795,088 316 Municipal Facilities CIP 29,511,409 2,600,000 3,758,416 33,269,825 2,200,000 16,407,286 16,862,539 317 Transportation CIP 17,319,641 5,625,000 2,327,959 19,647,600 5,460,000 2,934,397 16,713,203 ENTERPRISE FUNDS: 142,063,950 110,341,739 42,467,328 184,531,278 108,772,765 34,124,707 150,406,571 4X2 Airport Operating & CIP 11,691,201 4,903,287 2,620,171 14,311,371 4,561,462 1,383,317 12,928,053 403 Solid Waste Utility 3,942,992 28,217,815 9,503,249 13,446,241 29,242,416 9,378,175 4,068,066 4X4 Golf Operating & CIP 2,863,061 4,803,170 1,201,796 4,064,857 4,741,707 1,326,452 2,738,405 4X5 Water Operating & CIP 57,840,533 19,878,544 7,172,976 65,013,509 18,776,935 4,417,189 60,596,320 4X6 Waste Water Operating & CIP 28,172,052 13,042,313 5,268,161 33,440,213 12,313,150 4,271,546 29,168,667 416 King County Metro 8,193,957 24,991,462 8,271,710 16,465,667 24,991,462 8,213,267 8,252,400 4X7 Surface Water Operating & CIP 29,360,155 14,505,148 8,429,265 37,789,420 14,145,633 5,134,761 32,654,659 INTERNAL SERVICE FUNDS: 93,478,131 51,012,569 14,264,813 107,742,944 53,804,431 18,715,884 89,027,060 501 Equipment Repair/Replacement 20,116,733 6,771,008 1,855,472 21,972,205 7,242,794 3,386,768 18,585,437 502 Insurance 28,847,562 7,573,908 2,013,492 30,861,054 8,418,679 2,257,166 28,603,888 503 Information Services 11,064,176 10,026,875 2,617,135 13,681,311 9,916,435 5,201,057 8,480,254 504 Facilities 2,710,622 8,038,031 2,102,417 4,813,039 8,248,019 2,326,982 2,486,057 512 Insurance, Healthcare 10,253,712 17,682,747 5,381,846 15,635,558 18,202,177 5,025,167 10,610,391 522 Insurance, Leoff1 Retirees HC 20,485,326 920,000 294,451 20,779,777 1,776,327 518,744 20,261,033 FIDUCIARY FUNDS: 10,529,697 300,000 3,667,933 14,197,630 314,975 940,404 13,257,225 611 Firemens' Pension 10,529,697 300,000 119,772 10,649,469 314,975 70,868 10,578,600 630 Custodial Fund - - 3,548,161 3,548,161 - 869,536 2,678,625 TOTAL FUNDS 452,926,392 333,619,745 131,444,846 584,371,238 332,764,045 118,178,505 466,192,734