HomeMy WebLinkAboutQUARTER 1 2020Page 1 of 36
OVERVIEW
This quarterly financial report reflects the City’s revenue and expenditures/expenses for the fiscal year through March 31,
2020. A detailed analysis, including current to prior year and budget to actual comparison is included for each City fund.
Excluded from this report are the City’s fiduciary funds as these funds are held on behalf of others and are not available for
City use. Budget figures shown include adjustments adopted through Ordinance 5969.
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 YTD revenues and expenditures for the General Fund, including comparison to prior year,
comparison to YTD budget amounts, and percentage of annual budget. YTD budget amounts are generally based on the
collection/disbursement patterns for the same period of the preceding two (2) years, with the following exceptions: property
tax revenue budgets are based on the collection patterns over the preceding four (4) years and sales tax revenue budgets are
based on the collection patterns over the preceding five (5) years.
General Fund
YTD
Prior Year YTD YTD Budget % BUDGET
REVENUES
Taxes 15,347,411$ 81,510,404$ 15,340,587$ 18,732,106$ 3,384,695$ 3,391,519 22.98%
Licenses & Permits 1,860,019 5,550,877 1,869,352 1,787,131 (72,888) (82,221) 32.20%
Intergovernmental 972,536 5,663,060 926,301 1,065,400 92,864 139,099 18.81%
Charges for Services 2,278,366 9,540,323 2,393,854 2,133,062 (145,304) (260,792) 22.36%
Fines and Penalties 1,114,810 4,759,187 954,158 1,031,591 (83,219) 77,433 21.68%
Miscellaneous 982,837 2,843,423 751,528 803,846 (178,991) 52,318 28.27%
Other Financing Sources (Transfer‐In, etc) 17 16,104,450 25,000 25,000 24,983 ‐ 0.16%
Total Revenues 22,555,996 125,971,724 22,260,780 25,578,136 3,022,140 3,317,356 20.30%
EXPENDITURES
Council 96,135 436,528 129,091 110,255 (14,120) 18,836 25.26%
Executive 626,853 2,930,253 748,637 682,606 (55,753) 66,031 23.30%
Emergency Management 126,555 789,157 174,255 174,698 (48,143) (443) 22.14%
City Attorney 579,692 2,530,461 620,341 610,315 (30,623) 10,026 24.12%
Court Services 599,351 3,043,067 767,219 642,517 (43,166) 124,702 21.11%
Community and Eco Dvlpmnt Admin 355,930 1,691,111 377,744 378,000 (22,070) (256) 22.35%
Development Services 549,965 2,794,157 662,199 646,498 (96,533) 15,701 23.14%
Economic Development 181,005 3,745,243 495,081 442,964 (261,959) 52,117 11.83%
Planning 980,977 4,694,723 1,149,956 1,034,221 (53,244) 115,735 22.03%
Finance 709,421 4,073,890 872,430 719,412 (9,991) 153,018 17.66%
City Clerk 483,593 1,410,799 538,714 433,239 50,354 105,475 30.71%
Human Resources 322,612 1,686,208 377,173 366,848 (44,236) 10,325 21.76%
Police 8,808,325 38,232,980 9,212,684 9,424,063 (615,738) (211,379) 24.65%
Jail Services 1,441,493 6,518,024 1,629,152 1,177,184 264,309 451,968 18.06%
Community Services Admin 297,301 1,584,800 318,659 310,008 (12,707) 8,651 19.56%
Parks & Trails 1,136,093 6,434,765 1,372,987 1,196,758 (60,665) 176,229 18.60%
Parks Planning & Natural Resources 203,405 2,425,388 348,849 352,066 (148,661) (3,217) 14.52%
Recreation & Neighborhoods 1,262,084 6,625,123 1,356,228 1,335,846 (73,762) 20,382 20.16%
Human Services 254,606 1,614,277 288,796 288,129 (33,523) 667 17.85%
Museum 63,525 266,652 66,589 66,534 (3,009) 55 24.95%
Public Works Admin 106,209 486,696 121,663 107,999 (1,790) 13,664 22.19%
Street Maintenance 1,391,866 6,140,580 1,544,970 1,400,798 (8,932) 144,172 22.81%
Transportation 1,489,876 7,276,975 1,618,805 1,453,101 36,775 165,704 19.97%
Non‐Departmental and Other 806,804 27,197,163 948,649 816,227 (9,423) 132,422 3.00%
Total Expenditures 22,873,676 134,629,020 25,740,871 24,170,286 (1,296,610) 1,570,585 17.95%
Change in Fund Balance (317,680) (8,657,296) (3,480,091) 1,407,850 1,725,530 4,887,941 N/A
Beginning Fund Balance 44,578,377 48,056,982 48,056,982 48,056,982 3,478,605 ‐ 100.00%
Ending Fund Balance 44,260,697$ 39,399,686$ 44,576,891$ 49,464,832$ 5,204,135$ 4,887,941 125.55%
Summary of Sources and Uses Favorable (Unfavorable)
2019 2020 Variance
YTD Actual Annual Budget YTD Budget YTD Actual
Quarterly Financial Report 1st Quarter 2020
Quarterly Financial Report City of Renton, Washington 1st Quarter 2020
Page 2 of 36
GENERAL FUND REVENUES
The following tables provide a more detailed summary of each revenue category within the General Fund. Detailed
explanations have been provided for variances from prior year or YTD budget in excess of $100K. Variances are shown in a
favourable (unfavourable) format.
TAXES
Property Tax ‐ Property tax revenues over YTD budget can be attributed to timing differences – changes to the recording of
property tax revenues in the 4th quarter of 2019 resulted in the recognition of property tax revenues when received by King
County. Previously property tax revenues were not recognized by the City until King County remitted the revenues to the
City. There is generally a two week lag in the collection of property taxes by King County and their subsequent remittance to
the City so the change in revenue recognition resulted in an additional two weeks’ revenue being recognized in the 1st quarter
of 2020 compared to prior years.
Local Retail Sales Tax ‐ The majority of the increase in local retail sale tax revenues over the prior year is coming from the
services and automotive sectors. The amount over the YTD budget is due to higher than anticipated sales tax revenues
received in the services, automotive, and wholesale sectors. It is important to note that sales tax revenues have a two month
lag between the time of the sale and the City’s receipt of the sales tax from the State, so the revenues recognized in the 1st
quarter of 2020 do not reflect decreased sales due to COVID‐19 closures. See the monthly sales tax report for additional
information.
State Sales Tax Credit ‐ The City was awarded $500K per year in sales tax credit revenues under the Local Revitalization
Financing program. This award is to pay the debt service on the LRF bonds issued in 2019 to fund public improvements within
the South Lake Washington Local Revitalization Area. The City began receiving the state sales tax credit revenues in the 3rd
quarter of 2019. Because the YTD budget is based on prior year collection trends, there are no State Sales Tax Credit revenues
included in the YTD budget until the 3rd quarter of 2020.
2019 2020 2020
Actual Budget Actual $ % $ %
Property Tax 996,825$ 826,181$ 1,062,041$ 65,215$ 6.5% 235,860$ 28.5%
Local Retail Sales Tax 7,085,510 7,136,408 7,277,582 192,073 2.7% 141,174 2.0%
State Sales Tax Credit ‐ Annexation/LRF ‐ ‐ 159,427 159,427 100.0% 159,427 100.0%
Criminal Justice Sales Tax 806,497 732,121 828,690 22,194 2.8% 96,570 13.2%
Natural Gas Use Tax 81,082 81,645 48,745 (32,337) ‐39.9% (32,900) ‐40.3%
Admission Tax 48,790 38,064 53,883 5,093 10.4% 15,819 41.6%
Utility Tax 3,334,834 3,870,256 4,337,978 1,003,144 30.1% 467,722 12.1%
Leasehold Excise Tax 39,792 23,308 46,879 7,087 17.8% 23,571 101.1%
Gambling Excise Tax 610,937 578,538 897,556 286,619 46.9% 319,018 55.1%
Real Estate Excise Tax ‐ ‐ 1,495,896 1,495,896 100.0% 1,495,896 100.0%
B&O Tax 2,343,145 2,054,066 2,523,430 180,285 7.7% 469,364 22.9%
YTD Total 15,347,411$ 15,340,587$ 18,732,106$ 3,384,695$ 22.1% 3,391,520$ 22.1%
Annual Total 89,542,897$ 81,510,404$
Taxes by Type
Revenue
2020 vs. 2019 2020 vs. Budget
Year to Date through March
Quarterly Financial Report City of Renton, Washington 1st Quarter 2020
Page 3 of 36
Utility Tax ‐ $1M increase in utility tax revenues from prior year can be attributed to a timing difference. February utility taxes
due in March 2019 were not received until April 2019. This is skewing the prior year revenue. Because the YTD budget is
based on prior years’ collection rates this timing difference lowers the YTD budget for utility taxes. The timing difference will
correct itself in the 2nd quarter. The breakdown of Utility Tax is as follows:
Gambling Excise Tax – The increase in gambling tax revenues is primarily resulting from card game revenues. It is important
to note that there is a one‐month lag in between the gambling activity and the City’s receipt of the associated gambling tax,
so the revenues recognized in the 1st quarter of 2020 do not reflect decreased gambling activity due to COVID‐19 closures.
Real Estate Excise Tax (REET) ‐ $1.5M in REET revenues are recorded in the General Fund in the 1st quarter of 2020 – Budget
amounts shown in this report include adjustments adopted by Council with the 1st quarter / carry forward budget adjustment.
The budget adjustment shifts the REET revenues to the new REET 1 and REET 2 funds, therefore, there is no REET revenue
included in the budget amounts shown in the table. However, because the budget adjustment was not approved by Council
until April 2020, the revenues are still recorded in the General Fund at March 31, 2020. This difference from budget will
correct itself with the transfer of the REET revenues to the new funds in the 2nd quarter.
Business and Occupation (B&O) Tax – B&O tax revenues collected in the 1st quarter, primarily from annual filers based on
2019 activity, was higher than anticipated.
LICENSES & PERMITS
2019 2020 2020
Tax by Type YTD Actual YTD Budget YTD Actual $ % $ %
Electrical 1,015,999$ 1,356,165$ 1,733,702$ 717,702$ 70.6% $ 377,536 27.8%
Natural Gas 333,824 450,680 684,617 350,793 105.1% 233,937 51.9%
Cell 127,295 156,448 167,277 39,982 31.4% 10,830 6.9%
Phone 275,325 247,629 135,817 (139,508) ‐50.7% (111,812)‐45.2%
Cable 216,202 289,900 243,494 27,293 12.6% (46,405)‐16.0%
Garbage 186,529 178,773 173,885 (12,644) ‐6.8% (4,888)‐2.7%
City Utilities 1,179,660 1,190,661 1,199,186 19,525 1.7% 8,524 0.7%
YTD Total 3,334,834$ 3,870,256$ 4,337,978$ 1,003,144$ 30.1%467,722$ 12.1%
2020 vs. 2019 2020 vs. Budget
2019 2020 2020
Actual Budget Actual $ % $ %
Amusement Licenses ‐$ ‐$ ‐$ ‐$ N/A ‐$ N/A
Franchise Fees 405,277 441,203 389,385 (15,892) ‐3.9% (51,818) ‐11.7%
Business Licenses 744,645 719,663 666,064 (78,581) ‐10.6% (53,599) ‐7.4%
Animal Licenses 21,560 24,733 20,210 (1,350) ‐6.3% (4,523) ‐18.3%
Building Permits 683,801 673,256 701,967 18,166 2.7% 28,711 4.3%
ROW/Street Excavation Permits 4,685 10,255 9,200 4,515 96.4%(1,055) ‐10.3%
Special Event Permits 50 242 305 255 510.0% 63 26.1%
YTD Total 1,860,019$ 1,869,352$ 1,787,131$ (72,887)$ ‐3.9% (82,221)$ ‐4.4%
Annual Total 5,750,061$ 5,550,877$
Year to Date through March
Revenue
2020 vs. 2019 2020 vs. Budget
Licenses & Permits by Type
Quarterly Financial Report City of Renton, Washington 1st Quarter 2020
Page 4 of 36
INTERGOVERNMENTAL
State Shared Revenue ‐ The increase in state shared revenues over prior year is almost entirely due to change in accounting
practices related to fuel tax revenues. In prior years fuel tax revenues were split 68/32 between the Street Fund, a
management fund within the General Fund, and the Arterial Street Fund, a special revenue fund. In 2019 the Arterial Street
Fund was deemed unnecessary and in the 3rd quarter of 2019 the fund was closed. 100% of fuel taxes are now being
recognized in the Street (General) Fund. The breakdown of State Shared Revenue is as follows:
CHARGES FOR SERVICES
Development Services – The decrease in development services revenue is almost entirely related to inspection services.
Recreation/Farmer’s Market/Events – The decrease in revenues is primarily related to cancelled programs, a result of the
governor’s stay‐at‐home order in response to COVID‐19.
Interfund Services ‐ Interfund revenues were less than anticipated as the budget reflects reimbursement of staffing costs
from CIP projects that staff did not work on during the quarter, including reimbursement for a capital project coordinator
position that is vacant.
2019 2020 2020
Actual Budget Actual $ % $ %
State Shared Revenue 865,989$ 869,963$ 1,040,151$ 174,162$ 20.1% 170,188$ 19.6%
Federal Grants 2,940 8,987 ‐ (2,940) 0.0%(8,987) 0.0%
State Grants 15,471 9,287 100 (15,371) ‐99.4% (9,187) ‐98.9%
Local Grants 88,136 38,064 25,149 (62,988) ‐71.5% (12,915) ‐33.9%
YTD Total 972,536$ 926,301$ 1,065,400$ 92,863$ 9.5% 139,098$ 15.0%
Annual Total 4,820,547$ 5,663,060$
Intergovernmental by Type
Revenue
2020 vs. 2019 2020 vs. Budget
Year to Date through March
2019 2020 2020
Tax by Type YTD Actual YTD Budget YTD Actual $ % $ %
Judicial Contribution 5,415$ 4,926$ 10,768$ 5,353$ 98.9% 5,842$ 118.6%
Crim Just ‐ High Crime 74,000 69,186 70,168 (3,832) ‐5.2%983 1.4%
Crim Just ‐ Pop 7,593 6,029 7,938 345 4.5% 1,909 31.7%
Crim Just ‐ Spec Prog 27,390 27,690 28,492 1,103 4.0% 802 2.9%
State DUI 3,786 4,608 3,435 (351) ‐9.3% (1,173) ‐25.5%
Marijuana Distribution 52,766 ‐ 51,820 (946) ‐1.8%51,820 100.0%
Liquor Profits 212,201 212,526 210,157 (2,044) ‐1.0% (2,369) ‐1.1%
Liquor Excise Tax 128,697 113,409 138,907 10,211 7.9% 25,499 22.5%
Fuel Tax 354,141 431,590 518,465 164,323 46.4% 86,875 20.1%
YTD Total 865,989$ 869,963$ 1,040,151$ 174,162$ 20.1%170,188$ 19.6%
2020 vs. 2019 2020 vs. Budget
2019 2020 2020
Actual Budget Actual $ % $ %
Passport Fees 8,365 17,319 7,945 (420) ‐5.0% (9,374) ‐54.1%
Court Services 2,693 1,441 15,582 12,888 478.6% 14,141 981.6%
General Government Services 201 93 412 212 105.7% 319 341.5%
Public Safety Services 292,583 277,047 326,187 33,604 11.5% 49,140 17.7%
Development Services 686,175 571,909 504,309 (181,866) ‐26.5% (67,600) ‐11.8%
Transportation Services 8,680 ‐ 43,079 34,399 396.3% 43,079 100.0%
Recreation/Farmer's Market/Events 242,070 230,726 140,373 (101,697) ‐42.0% (90,353) ‐39.2%
Interfund Services 1,037,598 1,295,319 1,095,175 57,576 5.5%(200,145) ‐15.5%
YTD Total 2,278,366$ 2,393,854$ 2,133,062$ (145,304)$ ‐6.4% (260,792)$ ‐10.9%
Annual Total 9,251,750$ 9,540,323$
Year to Date through March
Charges for Services by Type
Revenue
2020 vs. 2019 2020 vs. Budget
Quarterly Financial Report City of Renton, Washington 1st Quarter 2020
Page 5 of 36
FINES AND PENALTIES
Photo Enforcement Program – Photo enforcement revenues are less than anticipated due to reduced citations as a result of
the governor’s stay‐at‐home order. Traffic volumes have decreased and school zone cameras have been turned off as a result
of school closures.
MISCELLANEOUS REVENUES
Interest and Other Investment Earnings – Since interest earnings can vary greatly based on market conditions, the City has
historically budgeted interest and investment earnings very conservatively.
Rents, Leases, and Concessions ‐ Rental revenue is down from the prior year due to a few vacant City facilities, combined
with cancelled facility space rentals at the Senior Center and Renton Community Center and waived rent for tenants of City
facilities that were ordered closed in March due to COVID‐19.
OTHER FINANCING SOURCES
2019 2020 2020
Actual Budget Actual $ % $ %
Civil Penalties 123,646$ 169,421$ 111,039$ (12,606)$ ‐10.2% (58,381)$ ‐34.5%
Photo Enforcement Program 899,335 729,381 845,228 (54,107) ‐6.0%115,847 15.9%
Criminal Traffic Misdemeanor Fines 17,965 22,233 14,918 (3,047) ‐17.0% (7,314) ‐32.9%
Criminal Non‐Traffic Fines 36,220 10,181 7,400 (28,820) ‐79.6% (2,780) ‐27.3%
Criminal Costs 31,224 17,684 19,855 (11,369) ‐36.4%2,170 12.3%
Non‐Court Fines, Forfeitures and Penalties 6,420 5,258 33,150 26,730 416.4% 27,892 530.4%
YTD Total 1,114,810$ 954,158$ 1,031,591$ (83,219)$ ‐7.5%77,433$ 8.1%
Annual Total 4,688,980$ 4,759,187$
Year to Date through March
Revenue
2020 vs. 2019 2020 vs. Budget
Fines and Penalties by Type
2019 2020 2020
Actual Budget Actual $ % $ %
Interest and Other Investment Earnings 320,400$ 185,609$ 319,913$ (487)$ ‐0.2%134,305$ 72.4%
Rents, Leases, and Concessions 467,992 454,612 331,791 (136,201) ‐29.1% (122,821) ‐27.0%
Contributions/Donations from Private Source 97,184 41,547 53,018 (44,166) ‐45.4%11,470 27.6%
Seizure Funds ‐ Federal/State/Local 16,467 ‐ ‐ (16,467) 0.0%‐ N/A
Other 80,793 69,760 99,123 18,331 22.7% 29,364 42.1%
YTD Total 982,837$ 751,528$ 803,846$ (178,991)$ ‐18.2%52,318$ 7.0%
Annual Total 3,762,854$ 2,843,423$
Year to Date through March
Revenue
2020 vs. 2019 2020 vs. Budget
Miscellaneous by Type
2019 2020 2020
Actual Budget Actual $ % $ %
Transfers from Other Funds ‐$ 25,000$ 25,000$ 25,000 100.0%‐ 0.0%
Prior Period Adjustment 17 ‐ ‐ (17) 0.0%‐ N/A
Insurance Recoveries ‐ ‐ ‐ ‐ N/A ‐ N/A
Sale of Capital Assets ‐ ‐ ‐ ‐ N/A ‐ N/A
YTD Total 17$ 25,000$ 25,000$ 24,983$ 143578.2%‐$ 0.0%
Annual Total 13,137,402$ 16,104,450$
Year to Date through March
Other Financing Sources by Type
Revenue
2020 vs. 2019 2020 vs. Budget
Quarterly Financial Report City of Renton, Washington 1st Quarter 2020
Page 6 of 36
GENERAL FUND EXPENDITURES
The following tables summarize expenditures by category for each department within the General Fund. Detailed
explanations have been provided for variances from prior year or YTD budget in excess of $100K. Variances are shown in a
favorable (unfavorable) format.
COUNCIL
EXECUTIVE
EMERGENCY MANAGEMENT
CITY ATTORNEY
Council 2019
Summary of Uses YTD Actual Annual Budget YTD Budget YTD Actual $%$%
Personnel 73,391$ 309,067$ 77,852$ 76,183$ (2,793)$ ‐3.8%1,669$ 2.1%
Supplies 171 2,000 436 795 (624) ‐365.1% (359) ‐82.3%
Contracted Services 8,981 63,316 35,271 17,740 (8,759) ‐97.5%17,530 49.7%
Capital Outlay ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Debt Service ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Internal Services 13,592 62,145 15,533 15,536 (1,944) ‐14.3% (3) 0.0%
Transfers Out ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Total Expenditures 96,135$ 436,528$ 129,091$ 110,255$ (14,120)$ ‐14.7%18,837$ 14.6%
2020 2020 vs. 2019 2020 vs. Budget
Executive 2019
Summary of Uses YTD Actual Annual Budget YTD Budget YTD Actual $%$%
Personnel 218,746$ 924,846$ 226,178$ 228,482$ (9,736)$ ‐4.5% (2,304)$ ‐1.0%
Supplies 2,474 12,800 2,681 1,005 1,469 59.4% 1,676 62.5%
Contracted Services 293,406 1,525,576 403,029 336,361 (42,956) ‐14.6%66,667 16.5%
Capital Outlay ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Debt Service ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Internal Services 112,228 467,031 116,749 116,758 (4,530) ‐4.0% (9) 0.0%
Transfers Out ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Total Expenditures 626,853$ 2,930,253$ 748,637$ 682,606$ (55,753)$ ‐8.9%66,031$ 8.8%
2020 2020 vs. 2019 2020 vs. Budget
Emergency Management 2019
Summary of Uses YTD Actual Annual Budget YTD Budget YTD Actual $%$%
Personnel 87,356$ 507,809$ 115,467$ 120,185$ (32,829)$ ‐37.6% (4,717)$ ‐4.1%
Supplies 25 26,013 487 103 (78) ‐319.6%384 78.9%
Contracted Services 616 40,861 5,024 98 518 84.1% 4,926 98.1%
Capital Outlay ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Debt Service ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Internal Services 38,559 214,474 53,277 53,619 (15,060) ‐39.1% (342) ‐0.6%
Transfers Out ‐ ‐ ‐ 694 (694) 100.0%(694) 100.0%
Total Expenditures 126,555$ 789,157$ 174,255$ 174,698$ (48,143)$ ‐38.0% (444)$ ‐0.3%
2020 2020 vs. 2019 2020 vs. Budget
City Attorney 2019
Summary of Uses YTD Actual Annual Budget YTD Budget YTD Actual $%$%
Personnel 528,958$ 2,272,019$ 560,886$ 552,564$ (23,606)$ ‐4.5%8,323$ 1.5%
Supplies 87 3,550 463 474 (387) ‐443.8% (11) ‐2.3%
Contracted Services 4,588 49,450 7,639 5,917 (1,329) ‐29.0%1,722 22.5%
Capital Outlay ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Debt Service ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Internal Services 46,059 205,442 51,353 51,361 (5,302) ‐11.5% (8) 0.0%
Transfers Out ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
2020 vs. 2019 2020 vs. Budget2020
Quarterly Financial Report City of Renton, Washington 1st Quarter 2020
Page 7 of 36
COURT SERVICES
Personnel ‐ The amount of Court Services personnel expenditures under the YTD budget is due to open positions.
COMMUNITY AND ECONOMIC DEVELOPMENT ADMIN
DEVELOPMENT SERVICES
ECONOMIC DEVELOPMENT
Contracted Services ‐ The amount of Economic Development contracted services expenditures over the prior year is due to
a $25K Housing Opportunity grant and $121K in impact fee waivers were awarded to multiple non‐profits in the 1st quarter
of 2020 to support low income housing developments. RMC 4‐1‐210 allows for the waiver of 100% of impact fees associated
with certain low income housing developments. State law only allows for an 80% waiver of these fees, so the General Fund
must contribute the remaining 20% of the fees to the impact mitigation funds. Ordinance No. 5973 imposed a six month
moratorium on the submission, acceptance, processing or approval of any application for waived fees under RMC 4‐1‐210
effective June 22, 2020.
Court Services 2019
Summary of Uses YTD Actual Annual Budget YTD Budget YTD Actual $%$%
Personnel 452,454$ 2,436,136$ 617,339$ 488,355$ (35,900)$ ‐7.9%128,984$ 20.9%
Supplies 699 7,700 725 461 238 34.1% 264 36.4%
Contracted Services 31,545 121,716 29,773 32,369 (823) ‐2.6% (2,596) ‐8.7%
Capital Outlay ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Debt Service ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Internal Services 114,652 477,515 119,383 119,379 (4,727) ‐4.1%4 0.0%
Transfers Out ‐ ‐ ‐ 1,954 (1,954) 100.0%(1,954) 100.0%
Total Expenditures 599,351$ 3,043,067$ 767,219$ 642,517$ (43,166)$ ‐7.2%124,703$ 16.3%
2020 vs. 2019 2020 vs. Budget2020
Community and Eco Dvlpmnt Admin 2019
Summary of Uses YTD Actual Annual Budget YTD Budget YTD Actual $%$%
Personnel 92,244$ 389,402$ 97,408$ 97,493$ (5,248)$ ‐5.7% (85)$ ‐0.1%
Supplies ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Contracted Services 275 850 ‐ 165 110 40.0%(165) 100.0%
Capital Outlay ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Debt Service ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Internal Services 262,618 1,119,719 279,931 279,930 (17,312) ‐6.6%1 0.0%
Transfers Out 793 181,140 412 412 380 48.0%‐ 0.0%
Total Expenditures 355,930$ 1,691,111$ 377,752$ 378,000$ (22,070)$ ‐6.2% (248)$ ‐0.1%
2020 vs. 2019 2020 vs. Budget2020
Development Services 2019
Summary of Uses YTD Actual Annual Budget YTD Budget YTD Actual $%$%
Personnel 508,484$ 2,589,884$ 621,003$ 601,287$ (92,803)$ ‐18.3%19,716$ 3.2%
Supplies 412 7,525 2,094 788 (376) ‐91.3%1,306 62.4%
Contracted Services 25,428 117,941 19,400 24,721 707 2.8%(5,321) ‐27.4%
Capital Outlay ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Debt Service ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Internal Services 15,641 78,807 19,701 19,702 (4,061) ‐26.0% (0) 0.0%
Transfers Out ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Total Expenditures 549,965$ 2,794,157$ 662,199$ 646,498$ (96,533)$ ‐17.6%15,701$ 2.4%
2020 vs. 2019 2020 vs. Budget2020
Economic Development 2019
Summary of Uses YTD Actual Annual Budget YTD Budget YTD Actual $%$%
Personnel 151,734$ 940,340$ 232,261$ 220,216$ (68,482)$ ‐45.1%12,046$ 5.2%
Supplies 298 62,250 4,454 662 (364) ‐122.0%3,792 85.1%
Contracted Services 22,660 1,760,379 214,506 169,246 (146,586) ‐646.9%45,260 21.1%
Capital Outlay 6,313 982,274 43,859 52,840 (46,527) ‐737.0% (8,981) ‐20.5%
Debt Service ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Internal Services ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Transfers Out ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Total Expenditures 181,005$ 3,745,243$ 495,081$ 442,964$ (261,959)$ ‐144.7%52,117$ 10.5%
2020 vs. 2019 2020 vs. Budget2020
Quarterly Financial Report City of Renton, Washington 1st Quarter 2020
Page 8 of 36
PLANNING
FINANCE
Personnel ‐ The amount of Finance personnel expenditures under the YTD budget is due to open positions.
CITY CLERK
HUMAN RESOURCES
Planning 2019
Summary of Uses YTD Actual Annual Budget YTD Budget YTD Actual $%$%
Personnel 950,045$ 4,308,862$ 1,086,312$ 996,328$ (46,283)$ ‐4.9%89,984$ 8.3%
Supplies 3,643 11,600 2,857 1,315 2,328 63.9% 1,542 54.0%
Contracted Services 18,971 267,772 48,592 25,510 (6,539) ‐34.5%23,082 47.5%
Capital Outlay ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Debt Service ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Internal Services 8,318 48,789 12,194 11,068 (2,750) ‐33.1%1,126 9.2%
Transfers Out ‐ 57,700 ‐ ‐ ‐ 0.0%‐ 0.0%
Total Expenditures 980,977$ 4,694,723$ 1,149,956$ 1,034,221$ (53,244)$ ‐5.4%115,735$ 10.1%
2020 vs. 2019 2020 vs. Budget2020
Finance 2019
Summary of Uses YTD Actual Annual Budget YTD Budget YTD Actual $%$%
Personnel 508,263$ 2,578,979$ 649,967$ 484,357$ 23,905$ 4.7% 165,610$ 25.5%
Supplies 499 11,500 1,471 ‐ 499 100.0% 1,471 100.0%
Contracted Services 101,313 1,044,548 111,266 128,739 (27,426) ‐27.1% (17,473) ‐15.7%
Capital Outlay ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Debt Service ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Internal Services 99,347 438,863 109,726 106,316 (6,969) ‐7.0%3,410 3.1%
Transfers Out ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Total Expenditures 709,421$ 4,073,890$ 872,430$ 719,412$ (9,991)$ ‐1.4%153,018$ 17.5%
2020 vs. 2019 2020 vs. Budget2020
City Clerk 2019
Summary of Uses YTD Actual Annual Budget YTD Budget YTD Actual $%$%
Personnel 188,352$ 816,474$ 204,441$ 192,428$ (4,076)$ ‐2.2%12,013$ 5.9%
Supplies 179 6,994 1,215 669 (491) ‐274.7%546 44.9%
Contracted Services 252,607 396,201 285,279 192,359 60,248 23.9% 92,920 32.6%
Capital Outlay ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Debt Service ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Internal Services 42,455 191,130 47,780 47,782 (5,327) ‐12.5% (2) 0.0%
Transfers Out ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Total Expenditures 483,593$ 1,410,799$ 538,714$ 433,239$ 50,355$ 10.4% 105,476$ 19.6%
2020 vs. 2019 2020 vs. Budget2020
Human Resources 2019
Summary of Uses YTD Actual Annual Budget YTD Budget YTD Actual $%$%
Personnel 245,455$ 1,175,163$ 284,505$ 282,490$ (37,035)$ ‐15.1%2,015$ 0.7%
Supplies 1,100 21,828 3,174 610 490 44.6% 2,564 80.8%
Contracted Services 9,061 207,663 20,623 13,359 (4,299) ‐47.4%7,264 35.2%
Capital Outlay ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Debt Service ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Internal Services 63,998 281,554 68,871 70,388 (6,390) ‐10.0% (1,518) ‐2.2%
Transfers Out 2,998 ‐ ‐ ‐ 2,998 100.0%‐ 0.0%
Total Expenditures 322,612$ 1,686,208$ 377,173$ 366,848$ (44,236)$ ‐13.7%10,325$ 2.7%
2020 vs. 2019 2020 vs. Budget2020
Quarterly Financial Report City of Renton, Washington 1st Quarter 2020
Page 9 of 36
POLICE
Personnel ‐ The 8% increase in salaries and benefits over the prior year is primarily the result of COLAs, annual step increases,
and the reclassification of the deputy chief and commander positions. The amount of salaries and benefits over the YTD
budget is primarily due to overtime costs incurred due to backfilling open positions and the performance of private security.
Private security overtime costs are recovered through public safety charges for services revenues.
Contracted Services – The City ended their partnership with the City of Auburn for the Alive and Free Program at the end of
2019 and payments for February and March traffic camera rentals were not made until 2nd quarter 2020 when the invoices
were received from the vendor.
Internal Services ‐ Increased internal service fund charges are a result of additional M&O charges and replacement reserve
payments associated with take home vehicles added in 2019 and 2020.
JAIL SERVICES
Contracted Services ‐ The amount of jail services under prior year and the YTD budget is due to a decrease in the monthly
contract payments to SCORE for 2020. The budget has not been reduced to reflect the reduction in contractual charges, but
will be adjusted before the end of the year.
COMMUNITY SERVICES ADMIN
Police 2019
Summary of Uses YTD Actual Annual Budget YTD Budget YTD Actual $%$%
Personnel 6,119,794$ 25,992,291$ 6,389,444$ 6,611,312$ (491,517)$ ‐8.0% (221,868)$ ‐3.5%
Supplies 121,970 568,256 93,158 110,688 11,283 9.3%(17,530) ‐18.8%
Contracted Services 1,326,515 4,929,884 1,256,325 1,209,270 117,245 8.8% 47,054 3.7%
Capital Outlay ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Debt Service ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Internal Services 1,235,085 5,936,406 1,472,525 1,492,793 (257,708) ‐20.9% (20,269) ‐1.4%
Transfers Out 4,960 806,143 ‐ ‐ 4,960 100.0%‐ 0.0%
Total Expenditures 8,808,325$ 38,232,980$ 9,211,451$ 9,424,063$ (615,738)$ ‐7.0% (212,612)$ ‐2.3%
2020 vs. 2019 2020 vs. Budget2020
Jail Services 2019
Summary of Uses YTD Actual Annual Budget YTD Budget YTD Actual $%$%
Personnel ‐$ ‐$ ‐$ ‐$ ‐$ 0.0%‐$ 0.0%
Supplies ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Contracted Services 1,441,493 6,518,024 1,629,152 1,177,184 264,310 18.3% 451,969 27.7%
Capital Outlay ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Debt Service ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Internal Services ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Transfers Out ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Total Expenditures 1,441,493$ 6,518,024$ 1,629,152$ 1,177,184$ 264,310$ 18.3% 451,969$ 27.7%
2020 vs. 2019 2020 vs. Budget2020
Community Services Admin 2019
Summary of Uses YTD Actual Annual Budget YTD Budget YTD Actual $%$%
Personnel 117,750$ 550,053$ 132,687$ 137,916$ (20,166)$ ‐17.1% (5,230)$ ‐3.9%
Supplies 244 45,184 8,776 837 (594) ‐243.4%7,939 90.5%
Contracted Services 138,557 656,768 138,255 131,190 7,367 5.3% 7,065 5.1%
Capital Outlay ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Debt Service ‐ 175,000 ‐ ‐ ‐ 0.0%‐ 0.0%
Internal Services 36,427 157,795 38,941 39,449 (3,022) ‐8.3% (507) ‐1.3%
Transfers Out 4,323 ‐ ‐ 616 3,707 85.8%(616) 100.0%
Total Expenditures 297,301$ 1,584,800$ 318,659$ 310,008$ (12,707)$ ‐4.3%8,651$ 2.7%
2020 2020 vs. 2019 2020 vs. Budget
Quarterly Financial Report City of Renton, Washington 1st Quarter 2020
Page 10 of 36
PARKS AND TRAILS
Personnel ‐ The amount of Parks and Trails personnel expenditures under the YTD budget is due to open parks maintenance
positions.
PARKS PLANNING AND NATURAL RESOURCES
RECREATION AND NEIGHBORHOODS
HUMAN SERVICES
Parks & Trails 2019
Summary of Uses YTD Actual Annual Budget YTD Budget YTD Actual $%$%
Personnel 696,269$ 3,929,559$ 876,787$ 708,915$ (12,646)$ ‐1.8%167,871$ 19.1%
Supplies 31,402 238,874 29,670 42,607 (11,204) ‐35.7% (12,937) ‐43.6%
Contracted Services 103,971 753,359 94,114 65,565 38,406 36.9% 28,549 30.3%
Capital Outlay ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Debt Service ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Internal Services 304,451 1,512,973 372,417 379,671 (75,220) ‐24.7% (7,254) ‐1.9%
Transfers Out ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Total Expenditures 1,136,093$ 6,434,765$ 1,372,987$ 1,196,758$ (60,665)$ ‐5.3%176,229$ 12.8%
2020 vs. 2019 2020 vs. Budget2020
Parks Planning & Natural Resources 2019
Summary of Uses YTD Actual Annual Budget YTD Budget YTD Actual $%$%
Personnel 156,267$ 1,157,416$ 271,487$ 220,022$ (63,756)$ ‐40.8%51,464$ 19.0%
Supplies 138 4,827 237 64 75 54.0% 173 73.1%
Contracted Services 37,121 1,213,668 64,756 119,611 (82,491) ‐222.2% (54,855) ‐84.7%
Capital Outlay ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Debt Service ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Internal Services 9,879 49,477 12,369 12,369 (2,490) ‐25.2%‐ 0.0%
Transfers Out ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Total Expenditures 203,405$ 2,425,388$ 348,849$ 352,066$ (148,662)$ ‐73.1% (3,218)$ ‐0.9%
2020 vs. 2019 2020 vs. Budget2020
Recreation & Neighborhoods 2019
Summary of Uses YTD Actual Annual Budget YTD Budget YTD Actual $%$%
Personnel 710,846$ 3,915,684$ 769,115$ 774,195$ (63,349)$ ‐8.9% (5,080)$ ‐0.7%
Supplies 31,120 279,804 40,526 36,690 (5,570) ‐17.9%3,836 9.5%
Contracted Services 60,952 526,285 75,314 49,873 11,079 18.2% 25,442 33.8%
Capital Outlay ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Debt Service ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Internal Services 457,048 1,900,351 471,239 475,088 (18,040) ‐3.9% (3,849) ‐0.8%
Transfers Out 2,118 3,000 33 ‐ 2,118 100.0% 33 100.0%
Total Expenditures 1,262,084$ 6,625,123$ 1,356,228$ 1,335,846$ (73,762)$ ‐5.8%20,382$ 1.5%
2020 vs. 2019 2020 vs. Budget2020
Human Services 2019
Summary of Uses YTD Actual Annual Budget YTD Budget YTD Actual $%$%
Personnel 139,991$ 703,400$ 172,607$ 154,318$ (14,327)$ ‐10.2%18,289$ 10.6%
Supplies 1,681 15,650 3,590 1,981 (300) ‐17.8%1,610 44.8%
Contracted Services 85,761 776,343 82,873 102,099 (16,338) ‐19.1% (19,226) ‐23.2%
Capital Outlay ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Debt Service ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Internal Services 27,173 118,884 29,726 29,732 (2,559) ‐9.4% (6) 0.0%
Transfers Out ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Total Expenditures 254,606$ 1,614,277$ 288,796$ 288,129$ (33,523)$ ‐13.2%666$ 0.2%
2020 vs. 20192020 2020 vs. Budget
Quarterly Financial Report City of Renton, Washington 1st Quarter 2020
Page 11 of 36
MUSEUM
PUBLIC WORKS ADMIN
STREET MAINTENANCE
TRANSPORTATION
Personnel – The 14.1% increase in salaries and benefits is due to two vacant positions in 2019 that are filled in 2020.
Contracted Services – The amount of contracted services expenditures under the prior year and YTD budget are due to timing
differences. In prior years, payments under the Commute Trip Reduction Program have been made in the 1st quarter of the
year. In 2020, these payments weren’t made until the 2nd quarter. This timing difference will resolve itself in the 2nd quarter.
Museum 2019
Summary of Uses YTD Actual Annual Budget YTD Budget YTD Actual $%$%
Personnel 35,972$ 147,630$ 36,841$ 36,779$ (807)$ ‐2.2%62$ 0.2%
Supplies ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Contracted Services ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Capital Outlay ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Debt Service ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Internal Services 27,553 119,022 29,748 29,756 (2,203) ‐8.0% (7) 0.0%
Transfers Out ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Total Expenditures 63,525$ 266,652$ 66,589$ 66,534$ (3,009)$ ‐4.7%55$ 0.1%
2020 vs. 20192020 2020 vs. Budget
Public Works Admin 2019
Summary of Uses YTD Actual Annual Budget YTD Budget YTD Actual $%$%
Personnel 88,813$ 374,676$ 94,259$ 80,358$ 8,455$ 9.5% 13,901$ 14.7%
Supplies ‐ 800 ‐ 249 (249) 100.0%(249) 100.0%
Contracted Services ‐ 1,650 12 ‐ ‐ 0.0% 12 100.0%
Capital Outlay ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Debt Service ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Internal Services 17,396 109,570 27,391 27,392 (9,996) ‐57.5% (1) 0.0%
Transfers Out ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Total Expenditures 106,209$ 486,696$ 121,663$ 107,999$ (1,790)$ ‐1.7%13,664$ 11.2%
2020 vs. 20192020 2020 vs. Budget
Street Maintenance 2019
Summary of Uses YTD Actual Annual Budget YTD Budget YTD Actual $%$%
Personnel 700,300$ 3,149,815$ 783,827$ 726,067$ (25,768)$ ‐3.7%57,760$ 7.4%
Supplies 84,300 319,798 75,056 35,288 49,012 58.1% 39,768 53.0%
Contracted Services 247,049 1,150,055 271,159 247,594 (545) ‐0.2%23,566 8.7%
Capital Outlay ‐ 5,200 ‐ ‐ ‐ 0.0%‐ 0.0%
Debt Service ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Internal Services 360,218 1,515,712 414,927 387,038 (26,821) ‐7.4%27,889 6.7%
Transfers Out ‐ ‐ ‐ 4,811 (4,811) 100.0%(4,811) 100.0%
Total Expenditures 1,391,866$ 6,140,580$ 1,544,970$ 1,400,798$ (8,932)$ ‐0.6%144,172$ 9.3%
2020 vs. 20192020 2020 vs. Budget
Transportation 2019
Summary of Uses YTD Actual Annual Budget YTD Budget YTD Actual $%$%
Personnel 961,874$ 4,545,479$ 1,085,939$ 1,097,092$ (135,218)$ ‐14.1% (11,153)$ ‐1.0%
Supplies 60,841 226,002 47,827 28,113 32,729 53.8% 19,714 41.2%
Contracted Services 282,696 956,824 287,558 116,820 165,876 58.7% 170,738 59.4%
Capital Outlay ‐ ‐ ‐ 13,818 (13,818) 100.0%(13,818) 100.0%
Debt Service ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Internal Services 181,980 788,670 197,047 197,258 (15,278) ‐8.4% (211) ‐0.1%
Transfers Out 2,485 760,000 433 ‐ 2,485 100.0% 433 100.0%
Total Expenditures 1,489,876$ 7,276,975$ 1,618,805$ 1,453,101$ 36,774$ 2.5% 165,703$ 10.2%
2020 vs. 20192020 2020 vs. Budget
Quarterly Financial Report City of Renton, Washington 1st Quarter 2020
Page 12 of 36
NON‐DEPARTMENTAL AND OTHER
Personnel ‐ The amount of personnel expenditures under the YTD budget is due to savings from expected employee
separation payments.
Non‐Departmentsl and Other 2019
Summary of Uses YTD Actual Annual Budget YTD Budget YTD Actual $%$%
Personnel 708,384$ 3,407,200$ 850,437$ 721,999$ (13,616)$ ‐1.9%128,438$ 15.1%
Supplies ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Contracted Services 94,462 169,651 93,502 89,520 4,942 5.2% 3,982 4.3%
Capital Outlay ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Debt Service ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Internal Services 3,959 18,828 4,709 4,707 (748) ‐18.9%2 0.0%
Transfers Out ‐ 23,601,484 ‐ ‐ ‐ 0.0%‐ 0.0%
Total Expenditures 806,804$ 27,197,163$ 948,649$ 816,226$ (9,422)$ ‐1.2%132,423$ 14.0%
2020 vs. 20192020 2020 vs. Budget
Quarterly Financial Report City of Renton, Washington 1st Quarter 2020
Page 13 of 36
DEBT SERVICE FUNDS
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. YTD budgets are not prepared for debt service funds.
GENERAL GOVERNMENTAL MISCELLANEOUS DEBT FUND
The General Governmental Miscellaneous Debt Fund is the only debt service fund maintained by the City.
Taxes ‐ The decrease in tax revenues from the prior year is due to a change in accounting practices. Tax revenues previously
recognized in the debt service funds are now recognized in the General Fund and recorded as a transfer in to the debt service
fund. The increase in debt service expenditures over the prior year is due to the issuance of Local Revitalization Financing
(LRF) and Parks capital improvement bonds in 2019.
Transfers ‐ Budgeted transfers will be processed before the end of the year.
2019 2020 2020 YTD
YTD ACTUAL ANNUAL BUDGET YTD ACTUAL PRIOR YEAR BUDGET % BUDGET
REVENUES:
Taxes 804,462$ ‐$ ‐$ (804,462)$ ‐$ N/A
Grants / intergovernmental 31,763 56,930 28,678 (3,085) (28,252) 50.37%
Charges for services 186,030 386,827 193,414 7,384 (193,413) 50.00%
Investment Earnings 9,764 ‐ 14,937 5,173 14,937 N/A
TOTAL REVENUES 1,032,019 443,757 237,029 (794,990) (206,728) 53.41%
EXPENDITURES:
Principal 175,436 5,405,922 181,622 (6,186) 5,224,300 3.36%
Interest 109,496 1,756,464 99,849 9,647 1,656,615 5.68%
TOTAL EXPENDITURES 284,932 7,162,386 281,471 3,461 6,880,915 3.93%
TRANSFERS IN ‐ 7,699,250 ‐ ‐ (7,699,250) 0.00%
NET TRANSFERS ‐ 7,699,250 ‐ ‐ (7,699,250) 0.00%
CHANGE IN FUND BALANCE 747,087 980,621 (44,442) (791,529) (1,025,063) ‐4.53%
BEGINNING FUND BALANCE, Jan 1 2,307,173 3,999,457 3,999,457 1,692,284 ‐ 100.00%
ENDING FUND BALANCE, Mar 31 3,054,260$ 4,980,078$ 3,955,015$ 900,755$ (1,025,063)$ 79.42%
VARIANCE
FAVORABLE (UNFAVORABLE)
GENERAL GOVERNMENTAL MISCELLANEOUS DEBT
Quarterly Financial Report City of Renton, Washington 1st Quarter 2020
Page 14 of 36
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. YTD budgets are not prepared for special revenue funds.
HOTEL/MOTEL FUND
The Hotel/Motel Fund accounts for monies collected through an increase of 1% in hotel/motel taxes for the purpose of
increasing tourism in the City or Renton, as authorized under RCW 67.28.180. The Lodging Tax Advisory Committee solicits
applications for awards and brings their recommendations to Council for approval at least once per year. Awards for events
are paid to applicants at the conclusion of the event once certain reporting requirements have been met.
MUNICIPAL ART FUND
The Municipal Art Fund was established to account for the activities of the Renton Municipal Arts Commission, as outlined in
Renton Municipal Code (RMC) section 2‐8‐7. Expenditures include grants paid to local artists, organizations, and community
groups for arts and culture projects and events that serve the general public in Renton and payments for Public Art capital
projects located throughout the City.
Transfers ‐ Budgeted transfers will be processed before the end of the year.
2019 2020 2020 YTD
YTD ACTUAL ANNUAL BUDGET YTD ACTUAL PRIOR YEAR BUDGET % BUDGET
REVENUES:
Taxes 93,642$ 200,000$ 93,982$ 340$ (106,018)$ 46.99%
Contributions 15,000 ‐ ‐ (15,000) ‐ N/A
Investment Earnings 2,731 ‐ 3,294 563 3,294 N/A
TOTAL REVENUES 111,373 200,000 97,276 (14,097) (102,724) 48.64%
EXPENDITURES:
Contracted Services 34,667 429,062 44,496 (9,829) 384,566 10.37%
TOTAL EXPENDITURES 34,667 429,062 44,496 (9,829) 384,566 10.37%
NET TRANSFERS ‐ ‐ ‐ ‐ ‐ N/A
CHANGE IN FUND BALANCE 76,706 (229,062) 52,780 (23,926) 281,842 ‐23.04%
BEGINNING FUND BALANCE, Jan 1 722,387 943,889 943,889 221,502 ‐ 130.66%
ENDING FUND BALANCE, Mar 31 799,093$ 714,827$ 996,669$ 197,576$ 281,842$ 124.73%
VARIANCE
FAVORABLE (UNFAVORABLE)
HOTEL/MOTEL
2019 2020 2020 YTD
YTD ACTUAL ANNUAL BUDGET YTD ACTUAL PRIOR YEAR BUDGET % BUDGET
REVENUES:
Investment Earnings 437$ ‐$ 321$ (116)$ 321$ N/A
TOTAL REVENUES 437 ‐ 321 (116) 321 N/A
EXPENDITURES:
Supplies ‐ 200 200 (200) ‐ 100.00%
Contracted Services ‐ 165,460 4,800 (4,800) 160,660 2.90%
Capital Outlay ‐ 88,130 ‐ ‐ 88,130 0.00%
TOTAL EXPENDITURES ‐ 253,790 5,000 (5,000) 248,790 1.97%
TRANSFERS IN ‐ 180,660 ‐ ‐ (180,660) 0.00%
NET TRANSFERS ‐ 180,660 ‐ ‐ (180,660) 0.00%
CHANGE IN FUND BALANCE 437 (73,130) (4,679) (5,116) 68,451 6.40%
BEGINNING FUND BALANCE, Jan 1 119,446 98,865 98,865 (20,581) ‐ 100.00%
ENDING FUND BALANCE, Mar 31 119,883$ 25,735$ 94,186$ (25,697)$ 68,451$ 365.98%
MUNICIPAL ART
VARIANCE
FAVORABLE (UNFAVORABLE)
Quarterly Financial Report City of Renton, Washington 1st Quarter 2020
Page 15 of 36
CABLE COMMUNICATIONS FUND
The Cable Communications Fund accounts for funding for promotion and development of cable communications as
established by City ordinance. The main use of the fund is to support the broadcasting of City Council meetings on Channel
21.
SPRINGBROOK WETLANDS FUND
The Springbrook Wetlands Fund was established in 2007 for the purpose of providing accounting for the Springbrook Creek
Wetland and Habitat Mitigation Bank project. The fund will receive revenue by selling Wetlands credits to third parties and
to the City’s internal departments.
2019 2020 2020 YTD
YTD ACTUAL ANNUAL BUDGET YTD ACTUAL PRIOR YEAR BUDGET % BUDGET
REVENUES:
Taxes 40,000$ 40,000$ ‐$ (40,000)$ (40,000)$ 0.00%
Licenses and permits 21,486 57,674 20,749 (737) (36,925) 35.98%
Investment Earnings 2,034 ‐ 2,063 29 2,063 N/A
TOTAL REVENUES 63,520 97,674 22,812 (40,708) (74,862) 23.36%
EXPENDITURES:
Personnel 7,927 ‐ ‐ (7,927) ‐ N/A
Supplies ‐ 6,302 ‐ ‐ 6,302 0.00%
Contracted Services 2,500 51,372 9,360 6,860 42,012 18.22%
Capital Outlay ‐ 40,000 ‐ ‐ 40,000 0.00%
TOTAL EXPENDITURES 10,427 97,674 9,360 (1,067) 88,314 9.58%
NET TRANSFERS ‐ ‐ ‐ ‐ ‐ N/A
CHANGE IN FUND BALANCE 53,093 ‐ 13,452 (39,641) 13,452 N/A
BEGINNING FUND BALANCE, Jan 1 529,159 603,760 603,760 74,601 ‐ 100.00%
ENDING FUND BALANCE, Mar 31 582,252$ 603,760$ 617,212$ 34,960$ 13,452$ 102.23%
CABLE COMMUNICATIONS
VARIANCE
FAVORABLE (UNFAVORABLE)
2019 2020 2020 YTD
YTD ACTUAL ANNUAL BUDGET YTD ACTUAL PRIOR YEAR BUDGET % BUDGET
REVENUES:
Investment Earnings 1,248$ ‐$ 1,158$ (90)$ 1,158$ N/A
TOTAL REVENUES 1,248 ‐ 1,158 (90) 1,158 N/A
TOTAL EXPENDITURES ‐ ‐ ‐ ‐ ‐ N/A
NET TRANSFERS ‐ ‐ ‐ ‐ ‐ N/A
CHANGE IN FUND BALANCE 1,248 ‐ 1,158 (90) 1,158 N/A
BEGINNING FUND BALANCE, Jan 1 340,895 345,658 345,658 4,763 ‐ 100.00%
ENDING FUND BALANCE, Mar 31 342,143$ 345,658$ 346,816$ 4,673$ 1,158$ 100.34%
SPRINGBROOK WETLANDS
VARIANCE
FAVORABLE (UNFAVORABLE)
Quarterly Financial Report City of Renton, Washington 1st Quarter 2020
Page 16 of 36
CAPITAL PROJECT FUNDS
Capital project funds are used to account for the acquisition and construction of major capital facilities and equipment. YTD
budgets are not prepared for capital project funds. Project budgets are adopted when funding is secured and balances are
carried forward each year until they are either 1) fully spent or 2) reallocated to another project through the budget
adjustment process.
COMMUNITY SERVICES IMPACT MITIGATION FUND
This fund accounts for park impact fees collected from developers as authorized under RCW 82.02.050‐.110. These fees are
used to help offset the cost of system improvements necessary to service the new development. Impact fees are held in this
fund and subsequently transferred to the Municipal Facilities CIP Fund when qualifying capital projects are budgeted.
Transfers ‐ Budgeted transfers will be processed before the end of the year.
TRANSPORTATION IMPACT MITIGATION FUND
This fund accounts for transportation impact fees collected from developers as authorized under RCW 82.02.050‐.110. These
fees are used to offset the cost of system improvements necessary to serve the new development. Impact fees are held in
this fund and subsequently transferred to the Capital Improvement Fund when qualifying projects are budgeted.
Transfers ‐ Budgeted transfers will be processed before the end of the year.
2019 2020 2020 YTD
YTD ACTUAL ANNUAL BUDGET YTD ACTUAL PRIOR YEAR BUDGET % BUDGET
REVENUES:
Charges for services 82,578$ 86,500$ 245,993$ 163,415$ 159,493$ 284.38%
Investment Earnings 9,586 ‐ 7,004 (2,582) 7,004 N/A
TOTAL REVENUES 92,164 86,500 252,997 160,833 166,497 292.48%
TOTAL EXPENDITURES ‐ ‐ ‐ ‐ ‐ N/A
TRANSFERS OUT ‐ 1,202,364 ‐ ‐ 1,202,364 0.00%
NET TRANSFERS ‐ (1,202,364) ‐ ‐ 1,202,364 0.00%
CHANGE IN FUND BALANCE 92,164 (1,115,864) 252,997 160,833 1,368,861 ‐22.67%
BEGINNING FUND BALANCE, Jan 1 2,578,256 1,886,999 1,886,999 (691,257) ‐ 100.00%
ENDING FUND BALANCE, Mar 31 2,670,420$ 771,135$ 2,139,996$ (530,424)$ 1,368,861$ 277.51%
COMMUNITY SERVICES IMPACT MITIGATION
VARIANCE
FAVORABLE (UNFAVORABLE)
2019 2020 2020 YTD
YTD ACTUAL ANNUAL BUDGET YTD ACTUAL PRIOR YEAR BUDGET % BUDGET
REVENUES:
Charges for services 182,002$ 1,435,875$ 529,142$ 347,140$ (906,733)$ 36.85%
Investment Earnings 12,497 ‐ 11,261 (1,236) 11,261 N/A
TOTAL REVENUES 194,499 1,435,875 540,403 345,905 (895,472) 37.64%
TOTAL EXPENDITURES ‐ ‐ ‐ ‐ ‐ N/A
TRANSFERS OUT ‐ 2,500,656 ‐ ‐ 2,500,656 0.00%
NET TRANSFERS ‐ (2,500,656) ‐ ‐ 2,500,656 0.00%
CHANGE IN FUND BALANCE 194,499 (1,064,781) 540,403 345,904 1,605,184 ‐50.75%
BEGINNING FUND BALANCE, Jan 1 3,332,524 2,942,344 2,942,344 (390,180) ‐ 100.00%
ENDING FUND BALANCE, Mar 31 3,527,023$ 1,877,563$ 3,482,747$ (44,276)$ 1,605,184$ 185.49%
TRANSPORTATION IMPACT MITIGATION
VARIANCE
FAVORABLE (UNFAVORABLE)
Quarterly Financial Report City of Renton, Washington 1st Quarter 2020
Page 17 of 36
MUNICIPAL FACILITIES CIP FUND
This fund accounts for general governmental facility construction, improvement and renovation; property acquisitions for
parks and City space needs; parks development and equipment; and major maintenance of existing general governmental
assets. Transportation capital improvements are accounted for in a separate fund.
Transfers ‐ Budgeted transfers will be processed before the end of the year.
A listing of project budgets and balances at March 31 is provided on the following page. The budget for personnel costs is
included in the listing for ease of comparison to total expenditures shown in the table above, but personnel costs are not
considered projects and, therefore, any remaining budget would not be carried forward at the end of the year.
2019 2020 2020 YTD
YTD ACTUAL ANNUAL BUDGET YTD ACTUAL PRIOR YEAR BUDGET % BUDGET
REVENUES:
Taxes 435,693$ ‐$ ‐$ (435,693)$ ‐$ N/A
Grants / intergovernmental 90,378 3,460,752 398,612 308,234 (3,062,140) 11.52%
Charges for services ‐ ‐ 140 140 140 N/A
Sale of general fixed assets ‐ 160,000 160,000 160,000 ‐ 100.00%
Contributions (37,495) 11,000 ‐ 37,495 (11,000) 0.00%
Investment Earnings 89,194 10,910 101,531 12,337 90,621 930.62%
TOTAL REVENUES 577,770 3,642,662 660,283 82,513 (2,982,379) 18.13%
EXPENDITURES:
Personnel 84,603 903,455 159,999 75,396 743,456 17.71%
Supplies 56,404 878,203 ‐ (56,404) 878,203 0.00%
Contracted Services 41,508 688,353 4,604 (36,904) 683,749 0.67%
Capital Outlay 2,433,587 27,591,431 1,217,740 (1,215,847) 26,373,691 4.41%
TOTAL EXPENDITURES 2,616,102 30,061,442 1,382,343 (1,233,759) 28,679,099 4.60%
TRANSFERS IN ‐ 4,327,364 ‐ ‐ (4,327,364) 0.00%
TRANSFERS OUT ‐ 514,460 ‐ ‐ 514,460 0.00%
NET TRANSFERS ‐ 3,812,904 ‐ ‐ (4,841,824) 0.00%
CHANGE IN FUND BALANCE (2,038,332) (22,605,876) (722,060) 1,316,272 21,883,816 3.19%
BEGINNING FUND BALANCE, Jan 1 20,675,238 26,395,567 26,395,567 5,720,329 ‐ 100.00%
ENDING FUND BALANCE, Mar 31 18,636,906$ 3,789,691$ 25,673,507$ 7,036,601$ 21,883,816$ 677.46%
MUNICIPAL FACILITIES CIP
VARIANCE
FAVORABLE (UNFAVORABLE)
Quarterly Financial Report City of Renton, Washington 1st Quarter 2020
Page 18 of 36
MUNICIPAL FACILITIES CIP FUND (continued)
PROJECT BUDGET ACTUAL BALANCE
CAPITAL PROJECT COORDINATORS 903,455$ 159,999$ 743,456$
SALE OF PARK LAND COSTS 10,000 - 10,000
SUNSET NEIGHBORHOOD PARK ART 224,100 - 224,100
CITY HALL ELEVATORS 2,079,704 20,000 2,059,704
CITY WIDE SECURITY SYSTEM UPGRADES 340,055 32,442 307,613
COMM SVCS MAINT SHOPS REHAB 299,946 - 299,946
SIGN SHOP IMPROVEMENTS 37,719 34,895 2,824
FIRE STATION 15 957,962 638 957,324
RCC MAJOR HVAC COMPONENT REPLACEMENT 1,200,000 - 1,200,000
CITY HALL MAJOR HVAC AND FIRE COMP REPL 396,262 - 396,262
RCC AUDIO AND VIDEO SYSTEMS 200,000 - 200,000
4TH FLOOR POLICE TRAINING CENTER 329,090 173,223 155,867
BOATHOUSE 323,248 - 323,248
HENRY MOSES AQUATIC CENTER 88,644 - 88,644
PARKS RECREATION AND OPEN SPACE PLAN 8,730 - 8,730
REGIS PARK ATHLETIC FIELD EXPANSION 1,400,946 13,003 1,387,943
SPORT COURT IMPROVEMENTS 150,000 - 150,000
PARKING LOT AND DRIVEWAY REPAIRS 215,000 - 215,000
PATHWAY SIDEWALK PATIO BOARDWALK REPLACE 265,215 - 265,215
IRRIGATION AUTOMATION & CONSERVATION 12,072 - 12,072
URBAN FORESTRY PROGRAM 106,044 - 106,044
PARKS MM - PLAYGRDS, KIOSKS & INT SIGNS 605,640 - 605,640
PARKS MM - LIGHT SYSTEM UPGRADES 110,000 - 110,000
PARKS MM - SHORELINE AND BANK STABILIZAT 182,500 - 182,500
PARKS MM - BOUNDARY, TOPOGRAPHIC & SITE 123,886 - 123,886
PARKS MM - STRUCTURAL REVIEWS & REPAIRS 579,667 4,604 575,063
SUNSET EIS PARK 5,226,344 235,600 4,990,744
TRAILS AND BICYCLE MASTER PLAN (1,088) - (1,088)
COULON PARK STRUCTURAL IMPROVEMENTS 153,796 1,038 152,759
COULON PARK LIGHTING REPAIRS 34,415 - 34,415
COULON PARK TURF REPLACEMENT 124,788 - 124,788
COULON SWIM BEACH 250,000 - 250,000
KENYON PROPERTY - BUILDING (22) - (22)
2013 KC PROPOSITION 1 CAP EXP LEVY FUND 258,874 - 258,874
PIAZZA REDEVELOPMENT 1,100,000 - 1,100,000
LIBERTY PARK IMPROVEMENTS 1,551,852 - 1,551,852
TRANSPORTATION LANDSCAPE 90,000 - 90,000
PHILIP ARNOLD PARK IMPROVEMENTS 1,430,674 43,127 1,387,547
COULON - ROSEWALL 110,000 - 110,000
PARKS AND PARK BUILDING ADA TRANSITION 75,000 - 75,000
COULON - SHORELINE EROSION 100,000 - 100,000
KIWANIS PARK 1,999,560 50,713 1,948,848
COULON - WATERWALK 4,100,000 10,265 4,089,735
COULON - TRESTLE BRIDGE 1,705,000 - 1,705,000
FAWCETT PROPERTY PURCHASE ROFR 602,364 602,797 (433)
TOTAL PROJECT BALANCES 30,061,442$ 1,382,343$ 28,679,099$
MUNICIPAL FACILITIES CIP PROJECT BUDGETS AT MARCH 31, 2020
Quarterly Financial Report City of Renton, Washington 1st Quarter 2020
Page 19 of 36
CAPITAL IMPROVEMENT FUND
This fund accounts for the City’s Transportation capital projects.
Transfers ‐ Budgeted transfers will be processed before the end of the year.
A listing of project budgets and balances at March 31 is provided on the following page.
2019 2020 2020 YTD
YTD ACTUAL ANNUAL BUDGET YTD ACTUAL PRIOR YEAR BUDGET % BUDGET
REVENUES:
Grants / intergovernmental 235,301$ 22,131,453$ 468,834$ 233,533$ (21,662,619)$ 2.12%
Charges for services ‐ 250,000 250,000 250,000 ‐ 100.00%
Fines and penalties 23,930 ‐ 5,746 (18,184) 5,746 N/A
Contributions 4,962 ‐ ‐ (4,962) ‐ N/A
Investment Earnings 20,506 ‐ 62,228 41,722 62,228 N/A
TOTAL REVENUES 284,699 22,381,453 786,808 502,109 (21,594,645) 3.52%
EXPENDITURES:
Personnel 36,002 ‐ 25,426 (10,576) (25,426) N/A
Supplies 32,974 ‐ ‐ (32,974) ‐ N/A
Contracted Services 4,346 ‐ 4,475 129 (4,475) N/A
Capital Outlay 842,912 46,419,080 611,111 (231,801) 45,807,969 1.32%
TOTAL EXPENDITURES 916,234 46,419,080 641,012 (275,222) 45,778,068 1.38%
TRANSFERS IN ‐ 5,358,356 ‐ ‐ (5,358,356) 0.00%
NET TRANSFERS ‐ 5,358,356 ‐ ‐ (5,358,356) 0.00%
CHANGE IN FUND BALANCE (631,535) (18,679,271) 145,796 777,331 18,825,067 N/A
BEGINNING FUND BALANCE, Jan 1 5,492,313 18,947,853 18,947,853 13,455,540 ‐ 100.00%
ENDING FUND BALANCE, Mar 31 4,860,778$ 268,582$ 19,093,649$ 14,232,871$ 18,825,067$ 7109.06%
CAPITAL IMPROVEMENT
VARIANCE
FAVORABLE (UNFAVORABLE)
Quarterly Financial Report City of Renton, Washington 1st Quarter 2020
Page 20 of 36
CAPITAL IMPROVEMENT FUND (continued)
PROJECT BUDGET ACTUAL BALANCE
WALKWAY PGM 217,096$ -$ 217,096$
NE 31ST ST CULVERT 12,228 - 12,228
ARTERIAL CIRCULATION PGM 259,964 9,540 250,423
BRIDGE INSPECTION & REPAIR 236,916 1,886 235,030
ROADWAY SAFETY & GUARDRAIL 54,407 - 54,407
CATCH BASIN REPAIR 250,000 - 250,000
I-405/44TH GATEWAY SIGNAGE 57,700 - 57,700
RENTON CONNECTOR 1,593,294 4,461 1,588,833
STREET OVERLAY PGM 1,855,830 41,497 1,814,333
TRAFFIC SAFETY PGM 260,507 4,475 256,032
PROJ DEV & PRE-DESIGN 285,270 1,050 284,220
SO 7TH ST 135,000 - 135,000
ITS PGM 159,891 - 159,891
NE 3RD/NE 4TH 20,000 - 20,000
RENTON AVE EXT PRES 778,082 6,620 771,461
SW GRADY WAY PRES 7,603 4,688 2,915
DUVALL AVE NE PRES - 115 (115)
PARK AVE EXTENSION 7,712,602 62,964 7,649,638
RAINIER AVE S/N PHASE 4 5,689,029 322,708 5,366,321
LOGAN AVE 250,525 - 250,525
INTERSECT SAFETY & MOBILITY 386,935 23,964 362,970
NE 31ST ST BRIDGE REPLACEMENT 251,030 - 251,030
N 27TH PL CULVERT SCOUR REPAIR 71,719 - 71,719
DUVALL AVE 7TH TO SUNSET 6,910,089 69,063 6,841,027
BARRIER FREE 192,141 (5,401) 197,542
SIDEWALK REHAB 283,736 - 283,736
LAKE WASHINGTON LOOP TRAIL 1,099,157 3,987 1,095,170
HIGHLANDS TO LANDING 533,310 17,156 516,154
SUNSET BLVD CORRIDOR 1,394,769 12,295 1,382,474
PRES OF TOD 245,001 9,405 235,596
WILLIAMS AVE S & WELLS AVE S CONV 10,385,423 17,470 10,367,954
CARR RD IMPROVEMENTS 93,676 - 93,676
ARTERIAL REHAB - SW 43RD 220,000 3,630 216,370
BRONSON BRIDGE 611,235 3,765 607,470
HOUSER WAY N BRIDGE 590,985 3,149 587,836
WILLIAMS BRIDGE 713,535 3,149 710,386
NILE BRIDGE - PRELIM ENG 50,000 - 50,000
S 2ND STREET CONVERSION 1,540,750 1,265 1,539,485
HOUSER WAY INT & PED IMP 814,625 18,112 796,513
RENTON SCHOOL CROSSINGS 195,022 - 195,022
TOTAL PROJECT BALANCES 46,419,080$ 641,012$ 45,778,068$
CAPITAL IMPROVEMENT PROJECT BUDGETS AT MARCH 31, 2020
Quarterly Financial Report City of Renton, Washington 1st Quarter 2020
Page 21 of 36
HOUSING OPPORTUNITY FUND
This fund has historically been used to account for the Economic Development Reserve and Housing Opportunity Grants.
After a review of the fund, it has been determined that the use of the fund does not qualify as a capital project fund under
Generally Accepted Accounting Principles (GAAP) and the fund is budgeted to be closed. The fund balance will be transferred
to the General Fund in the 2nd quarter of 2020.
NEW LIBRARY DEVELOPMENT FUND
This fund was used to account for the construction of the new Highlands Library and the renovation of the Cedar River Library.
The fund is no longer needed as the library construction projects were complete in 2016. Closure of the fund and a transfer
of the remaining fund balance will be proposed before the end of the year.
2019 2020 2020 YTD
YTD ACTUAL ANNUAL BUDGET YTD ACTUAL PRIOR YEAR BUDGET % BUDGET
REVENUES:
Investment Earnings 9,468$ 6,309$ 6,309$ (3,159)$ ‐$ 100.00%
TOTAL REVENUES 9,468 6,309 6,309 (3,158) ‐ 100.00%
EXPENDITURES:
Contracted Services 7,281 ‐ ‐ (7,281) ‐ N/A
TOTAL EXPENDITURES 7,281 ‐ ‐ (7,281) ‐ N/A
TRANSFERS OUT ‐ 2,576,659 25,000 (25,000) 2,551,659 0.97%
NET TRANSFERS ‐ (2,576,659) (25,000) 25,000 2,551,659 N/A
CHANGE IN FUND BALANCE 2,187 (2,570,350) (18,691) 29,123 2,551,659 N/A
BEGINNING FUND BALANCE, Jan 1 2,582,203 2,570,350 2,570,350 (11,853) ‐ 100.00%
ENDING FUND BALANCE, Mar 31 2,584,390$ ‐$ 2,551,659$ 17,270$ 2,551,659$ N/A
HOUSING OPPORTUNITY
VARIANCE
FAVORABLE (UNFAVORABLE)
2019 2020 2020 YTD
YTD ACTUAL ANNUAL BUDGET YTD ACTUAL PRIOR YEAR BUDGET % BUDGET
REVENUES:
Investment Earnings 1,662$ ‐$ 235$ (1,427)$ 235$ N/A
TOTAL REVENUES 1,662 ‐ 235 (1,427) 235 N/A
TOTAL EXPENDITURES ‐ ‐ ‐ ‐ ‐ N/A
NET TRANSFERS ‐ ‐ ‐ ‐ ‐ N/A
CHANGE IN FUND BALANCE 1,662 ‐ 235 (1,427) 235 N/A
BEGINNING FUND BALANCE, Jan 1 456,591 16,408 16,408 (440,183) ‐ 100.00%
ENDING FUND BALANCE, Mar 31 458,253$ 16,408$ 16,643$ (441,610)$ 235$ 101.43%
NEW LIBRARY DEVELOPMENT
VARIANCE
FAVORABLE (UNFAVORABLE)
Quarterly Financial Report City of Renton, Washington 1st Quarter 2020
Page 22 of 36
FAMILY FIRST CENTER FUND
This fund is used to account for the construction of the new Family First Center. Funds accumulated for the construction of
the Family First Center are maintained in the fund balance until such time that Council authorizes their use through the
approval of contracts and additional project budget is established through the budget adjustment process.
Note ‐ Additional funds designated for the Family First Center are being held in a fund with the Renton Community Foundation
(Foundation). Those funds are not reflected in the City’s records as they are assets of the Foundation, not the City. The City
must apply to the Foundation to receive the funds. Funds transferred from the Foundation will be recorded as contribution
revenue when received by the City.
2019 2020 2020 YTD
YTD ACTUAL ANNUAL BUDGET YTD ACTUAL PRIOR YEAR BUDGET % BUDGET
REVENUES:
Grants / intergovernmental ‐$ 75,000$ ‐$ ‐$ (75,000)$ 0.00%
Contributions 37,495 ‐ ‐ (37,495) ‐ N/A
Investment Earnings 15,362 ‐ 28,052 12,690 28,052 N/A
TOTAL REVENUES 52,857 75,000 28,052 (24,805) (46,948) 37.40%
EXPENDITURES:
Capital Outlay 41,012 648,948 163,516 122,504 485,432 25.20%
TOTAL EXPENDITURES 41,012 648,948 163,516 122,504 485,432 25.20%
NET TRANSFERS ‐ ‐ ‐ ‐ ‐ N/A
CHANGE IN FUND BALANCE 11,845 (573,948) (135,464) (147,309) 438,484 N/A
BEGINNING FUND BALANCE, Jan 1 4,193,806 8,551,401 8,551,401 4,357,595 ‐ 100.00%
ENDING FUND BALANCE, Mar 31 4,205,651$ 7,977,453$ 8,415,937$ 4,210,286$ 438,484$ 105.50%
FAMILY FIRST CENTER
VARIANCE
FAVORABLE (UNFAVORABLE)
Quarterly Financial Report City of Renton, Washington 1st Quarter 2020
Page 23 of 36
ENTERPRISE FUNDS
Enterprise funds are used to account for operations that are financed and operated in a manner similar to private business
enterprises. YTD budgets are not prepared for Enterprise Funds.
Most Enterprise Funds maintain two separate “management funds”, an operating fund and a capital fund. The funds are
consolidated for budget/reporting purposes. Operating budgets lapse at the end of the year. Project budgets are adopted
when funding is secured and balances are carried forward each year until they are either 1) fully spent or 2) reallocated to
another project through the budget adjustment process. A listing of project balances for each Enterprise Fund is included,
along with a reconciliation to the amounts reported as “Capital Projects”.
AIRPORT FUND
This fund accounts for revenues and expenses for administration, debt service, operation, capital improvements, and
maintenance of the Renton Municipal Airport.
2019 2020 2020 YTD
YTD ACTUAL ANNUAL BUDGET YTD ACTUAL PRIOR YEAR BUDGET % BUDGET
REVENUES:
Grants / intergovernmental 49,750$ ‐$ ‐$ (49,750)$ ‐$ N/A
Charges for services 67,876 145,557 29,852 (38,024) (115,705) 20.51%
Rents, leases, and misc fees 663,965 2,902,353 768,019 104,054 (2,134,334) 26.46%
Interest and other misc 19,364 3,857 21,467 2,103 17,610 556.57%
TOTAL REVENUES 800,955 3,051,767 819,338 18,383 (2,232,429) 26.85%
EXPENSES:
Personnel 272,085 1,172,998 272,259 (174) 900,739 23.21%
Supplies 17,226 43,500 2,737 14,489 40,763 6.29%
Contracted Services 90,946 509,588 95,942 (4,996) 413,646 18.83%
Internal Services 80,920 340,860 85,681 (4,761) 255,179 25.14%
TOTAL OPERATING EXPENSES 461,177 2,066,946 456,619 4,558 1,610,327 22.09%
AMOUNT AVAILABLE FOR DEBT SERVICE,
CAPITAL, AND TRANSFERS 339,778 984,821 362,719 22,941 (622,102) 36.83%
TOTAL DEBT SERVICE ‐ ‐ ‐ ‐ ‐ N/A
CAPITAL OUTLAY 8,957 6,030,883 132,819 (123,862) 5,898,064 2.20%
TRANSFERS OUT ‐ ‐ 1,363 (1,363) (1,363) N/A
NET TRANSFERS ‐ ‐ (1,363) (1,363) (1,363) N/A
CHANGE IN FUND BALANCE 330,821 (5,046,062) 228,537 (102,284) 5,274,599 N/A
BEGINNING FUND BALANCE, Jan 1 4,985,377 6,259,402 6,259,402 1,274,025 ‐ 100.00%
ENDING FUND BALANCE, Mar 31 5,316,198$ 1,213,340$ 6,487,939$ 1,171,741$ 5,274,599$ 534.72%
VARIANCE
AIRPORT
PROJECT BUDGET ACTUAL BALANCE
MAINTENANCE DREDGING & SHORELINE MITIGAT 60,050$ -$ 60,050$
AIRPORT OFFICE REHAB 2,763,289 41,894 2,721,395
MAJOR FACILITY MAINTENANCE 417,264 73,479 343,785
SURFACE WATER SYSTEM REHABILITATION 44,496 - 44,496
PAVEMENT MANAGEMENT PROGRAM 255,930 - 255,930
SNOW REMOVAL EQUIPMENT 200,000 - 200,000
TAXIWAY ALPHA REHABILITATION 1,115,495 - 1,115,495
RUNWAY SAFETY AREA 774,359 - 774,359
ENVIRONMENTAL IMPACT STUDY 400,000 - 400,000
TOTAL PROJECT BALANCES 6,030,883$ 115,373$ 5,915,510$
Operating fund equipment purchase - 17,446 (17,446)
TOTAL CAPITAL OUTLAY 6,030,883$ 132,819$ 5,898,064$
AIRPORT PROJECT BALANCES AT MARCH 31, 2020
Quarterly Financial Report City of Renton, Washington 1st Quarter 2020
Page 24 of 36
GOLF COURSE FUND
This fund accounts for revenues and expenses for administration, debt service, operation, capital improvements, and
maintenance of the Maplewood Golf Course.
Ending Fund Balance ‐ The Golf Course fund balance is negative at March 31. This is not uncommon as November through
March is considered “off‐season”. The Golf Course has ended the 1st quarter with negative fund balance for at least each of
the last five years, but has generated enough revenue during “peak‐season” to bring the fund balance to a positive position
to end the year.
Capital Outlay ‐ The Golf Course has $20K budgeted for capital in 2020. This budget is for equipment purchases in the
operating fund and is not related to a capital project.
2019 2020 2020 YTD
YTD ACTUAL ANNUAL BUDGET YTD ACTUAL PRIOR YEAR BUDGET % BUDGET
REVENUES:
Charges for services 214,995$ 2,294,800$ 280,571$ 65,576$ (2,014,229)$ 12.23%
Rents, leases, and misc fees 46,634 500,750 47,169 535 (453,581) 9.42%
Interest and other misc 3,515 1,370 1,611 (1,904) 241 117.59%
TOTAL REVENUES 265,144 2,796,920 329,351 64,207 (2,467,569) 11.78%
EXPENSES:
Personnel 321,245 1,675,295 333,370 (12,125) 1,341,925 19.90%
Supplies 87,877 321,500 79,643 8,234 241,857 24.77%
Contracted Services 26,302 205,050 35,414 (9,112) 169,636 17.27%
Internal Services 64,500 352,407 88,102 (23,602) 264,305 25.00%
TOTAL OPERATING EXPENSES 499,924 2,554,252 536,529 (36,605) 2,017,723 21.01%
AMOUNT AVAILABLE FOR DEBT SERVICE,
CAPITAL, AND TRANSFERS (234,780) 242,668 (207,178) 27,602 (449,846) ‐85.38%
TOTAL DEBT SERVICE ‐ ‐ ‐ ‐ ‐ N/A
CAPITAL OUTLAY 14,140 20,000 ‐ 14,140 20,000 0.00%
TRANSFERS IN 18,000 76,000 19,000 1,000 (57,000) 25.00%
TRANSFERS OUT 18,000 76,000 21,695 (3,695) 54,305 28.55%
NET TRANSFERS ‐ ‐ (2,695) (2,695) (2,695) N/A
CHANGE IN FUND BALANCE (248,920) 222,668 (209,873) 39,047 (432,541) ‐94.25%
BEGINNING FUND BALANCE, Jan 1 110,812 173,750 173,750 62,938 ‐ 100.00%
ENDING FUND BALANCE, Mar 31 (138,108)$ 396,418$ (36,123)$ 101,985$ (432,541)$ ‐9.11%
GOLF COURSE
VARIANCE
Quarterly Financial Report City of Renton, Washington 1st Quarter 2020
Page 25 of 36
SOLID WASTE FUND
This fund accounts for revenues and expenses for administration and operating of solid waste, recycling, and yard waste
collection services for the City.
Charges for services ‐ The increase in charges for services over the prior year is due to increased rates. The majority of the
increase is coming from commercial and multi‐family steel collections.
Contracted Services ‐ The increase in contracted services expense over the prior year is due to increased payments to the
garbage contractor, which directly relates to the increased rates, as noted above.
Capital Outlay ‐ The Solid Waste Fund does not have a capital fund.
2019 2020 2020 YTD
YTD ACTUAL ANNUAL BUDGET YTD ACTUAL PRIOR YEAR BUDGET % BUDGET
REVENUES:
Grants / intergovernmental 18,898$ 268,631$ 89,664$ 70,766$ (178,967)$ 33.38%
Charges for services 4,840,174 19,343,186 5,258,251 418,077 (14,084,935) 27.18%
Interest and other misc 9,773 5,000 9,894 121 4,894 197.88%
TOTAL REVENUES 4,868,845 19,616,817 5,357,809 488,964 (14,259,008) 27.31%
EXPENSES:
Personnel 146,220 631,060 155,464 (9,244) 475,596 24.64%
Supplies 825 11,900 617 208 11,283 5.18%
Contracted Services 4,074,437 18,344,816 4,259,450 (185,013) 14,085,366 23.22%
Internal Services 118,267 488,873 128,547 (10,280) 360,326 26.29%
TOTAL OPERATING EXPENSES 4,339,749 19,476,649 4,544,078 (204,329) 14,932,571 23.33%
AMOUNT AVAILABLE FOR DEBT SERVICE,
CAPITAL, AND TRANSFERS 529,096 140,168 813,731 284,635 673,563 580.54%
TOTAL DEBT SERVICE ‐ ‐ ‐ ‐ ‐ N/A
CAPITAL OUTLAY ‐ ‐ ‐ ‐ ‐ N/A
NET TRANSFERS ‐ ‐ ‐ ‐ ‐ N/A
CHANGE IN FUND BALANCE 529,096 140,168 813,731 284,635 673,563 580.54%
BEGINNING FUND BALANCE, Jan 1 2,276,333 2,266,127 2,266,127 (10,206) ‐ 100.00%
ENDING FUND BALANCE, Mar 31 2,805,429$ 2,406,295$ 3,079,858$ 274,429$ 673,563$ 127.99%
SOLID WASTE
VARIANCE
Quarterly Financial Report City of Renton, Washington 1st Quarter 2020
Page 26 of 36
WATER UTILITY FUND
This fund accounts for revenues and expenses for administration, debt service, operation, capital improvements, and
maintenance of the City’s water utility.
2019 2020 2020 YTD
YTD ACTUAL ANNUAL BUDGET YTD ACTUAL PRIOR YEAR BUDGET % BUDGET
REVENUES:
Charges for services 3,728,041$ 19,180,991$ 3,640,732$ (87,309)$ (15,540,259)$ 18.98%
Rents, leases, and misc fees 36,487 136,591 48,809 12,322 (87,782) 35.73%
Interest and other misc 176,416 199,070 319,283 142,867 120,213 160.39%
TOTAL REVENUES 3,940,944 19,516,652 4,008,824 67,880 (15,507,828) 20.54%
EXPENSES:
Personnel 1,082,706 4,823,623 1,077,640 5,066 3,745,983 22.34%
Supplies 166,645 885,590 171,772 (5,127) 713,818 19.40%
Contracted Services 672,532 3,224,874 708,814 (36,282) 2,516,060 21.98%
Internal Services 551,673 2,465,733 581,918 (30,245) 1,883,815 23.60%
TOTAL OPERATING EXPENSES 2,473,556 11,399,820 2,540,144 (66,588) 8,859,676 22.28%
AMOUNT AVAILABLE FOR DEBT SERVICE,
CAPITAL, AND TRANSFERS 1,467,388 8,116,832 1,468,680 1,292 (6,648,152) 18.09%
DEBT SERVICE:
Principal ‐ 1,540,568 ‐ ‐ 1,540,568 0.00%
Interest ‐ 241,747 ‐ ‐ 241,747 0.00%
TOTAL DEBT SERVICE ‐ 1,782,315 ‐ ‐ 1,782,315 0.00%
CAPITAL OUTLAY 483,101 37,304,963 744,955 (261,854) 36,560,008 2.00%
TRANSFERS OUT ‐ ‐ 330 (330) (330) N/A
NET TRANSFERS ‐ ‐ (330) (330) (330) N/A
CHANGE IN FUND BALANCE 984,287 (30,970,446) 723,395 (260,892) 31,693,841 N/A
BEGINNING FUND BALANCE, Jan 1 38,002,973 37,569,067 37,569,067 (433,906) ‐ 100.00%
ENDING FUND BALANCE, Mar 31 38,987,260$ 6,598,621$ 38,292,462$ (694,798)$ 31,693,841$ 580.31%
WATER UTILITY
VARIANCE
PROJECT BUDGET ACTUAL BALANCE
PIPE OVERSIZING COSTS 100,000$ -$ 100,000$
TELEMETRY IMPROVEMENTS-PHASE 4 250,000 223 249,777
WATER SYSTEM PLAN UPDATE 200,000 28,555 171,445
UPDATE EMERGENCY RESPONSE PLAN 250,000 - 250,000
STEEL/AC WATERMAIN REPLC PLAN 1,500,000 7,618 1,492,382
RESERVOIR RECOATING 200,000 - 200,000
EMERGENCY RESPONSE PROJ 100,000 - 100,000
DOWNTOWN WATER MAIN REPLACEMENT 3,500,000 64,426 3,435,574
GPS & GIS DATABASE/CONVERSION - (4,432) 4,432
WATER PUMP STATIONS REHAB 400,000 - 400,000
RESERVOIR PRV METERS 300,000 4,086 295,915
MPLWD WATER TREATMENT IMPROV - CONST 400,000 - 400,000
MAPLEWOOD PUMP STATION ROOF REPLACEMENT - 2,445 (2,445)
HIGHLANDS WATER MAIN IMPROVEMENT 1,100,000 15,822 1,084,178
DUVALL AVE NE WATER MAIN REPLACEMENT 360,000 - 360,000
EMERGENCY POWER TO PUMP STATION 300,000 - 300,000
WATER SYSTEM SECURITY IMPROVEMENTS 100,000 - 100,000
AQUIFER MONITORING AND MANAGEMENT 30,000 - 30,000
WATER TREATMENT FILTER MEDIA 400,000 579 399,421
WSDOT I-405 WATER RELOCATIONS 300,000 1,346 298,654
AUTOMATIC METER READING CONVERSION 85,000 - 85,000
TRANSMISSION MAIN REPLACEMENT - (248) 248
HIGHLANDS 435-RESERVOIRS REPLACEMENT 23,100,000 8,918 23,091,082
RAINIER AVE S ROAD & UTILITIES IMPRVMNT 300,000 - 300,000
KENNYDALE 320-RESERVOIR 4,000,000 645,519 3,354,481
TOTAL PROJECT BALANCES 37,275,000$ 774,856$ 36,500,144$
Non-capital items included in project budgets - (29,901) 29,901
Operating fund equipment purchase 29,963 - 29,963
TOTAL CAPITAL OUTLAY 37,304,963$ 744,955$ 36,560,008$
WATER UTILITY FUND PROJECT BALANCES AT MARCH 31, 2020
Quarterly Financial Report City of Renton, Washington 1st Quarter 2020
Page 27 of 36
WASTEWATER UTILITY FUND
This fund accounts for revenues and expenses for administration, debt service, operation, capital improvements, and
maintenance of the City’s wastewater utility.
2019 2020 2020 YTD
YTD ACTUAL ANNUAL BUDGET YTD ACTUAL PRIOR YEAR BUDGET % BUDGET
REVENUES:
Licenses and permits 27,425$ 61,802$ 31,775$ 4,350$ (30,027)$ 51.41%
Charges for services 2,713,107 11,248,216 2,718,672 5,565 (8,529,544) 24.17%
Fines and penalties 176 ‐ ‐ (176) ‐ N/A
Interest and other misc 118,705 320,766 195,402 76,697 (125,364) 60.92%
TOTAL REVENUES 2,859,413 11,630,784 2,945,849 86,436 (8,684,935) 25.33%
EXPENSES:
Personnel 526,688 2,466,376 567,578 (40,890) 1,898,798 23.01%
Supplies 7,806 73,842 9,863 (2,057) 63,979 13.36%
Contracted Services 518,804 2,969,297 485,390 33,414 2,483,907 16.35%
Internal Services 394,185 1,651,970 417,264 (23,079) 1,234,706 25.26%
TOTAL OPERATING EXPENSES 1,447,483 7,161,485 1,480,095 (32,612) 5,681,390 20.67%
AMOUNT AVAILABLE FOR DEBT SERVICE,
CAPITAL, AND TRANSFERS 1,411,930 4,469,299 1,465,754 53,824 (3,003,545) 32.80%
DEBT SERVICE:
Principal ‐ 601,300 ‐ ‐ 601,300 0.00%
Interest ‐ 108,921 ‐ ‐ 108,921 0.00%
TOTAL DEBT SERVICE ‐ 710,221 ‐ ‐ 710,221 0.00%
CAPITAL OUTLAY 440,958 18,168,200 147,176 293,782 18,021,024 0.81%
TRANSFERS IN 28,356 ‐ ‐ (28,356) ‐ N/A
NET TRANSFERS 28,356 ‐ ‐ (28,356) ‐ N/A
CHANGE IN FUND BALANCE 999,328 (14,409,122) 1,318,578 319,250 15,727,700 N/A
BEGINNING FUND BALANCE, Jan 1 18,879,201 19,832,351 19,832,351 953,150 ‐ 100.00%
ENDING FUND BALANCE, Mar 31 19,878,529$ 5,423,229$ 21,150,929$ 1,272,400$ 15,727,700$ 390.01%
WASTEWATER UTILITY
VARIANCE
PROJECT BUDGET ACTUAL BALANCE
MISCELANEOUS SEWER PROJECTS 335,000$ (123)$ 335,123$
2008 LONG-RANGE WW MANAG PLAN 97,000 2,748 94,252
WASTEWATER OPERATIONS MASTER PLAN 774,000 - 774,000
FALCON RIDGE LS REHAB - 59 (59)
THUNDER HILL INT REPL/REHAB 3,110,000 8,876 3,101,124
FORCE MAIN REHABILITATION REPLACEMENT 1,487,000 5,680 1,481,320
LIFT STATION REHABILITATION 1,891,000 7,329 1,883,671
DOWNTOWN SEWER REPLACEMENT/REHAB 4,187,000 102,559 4,084,441
2019 SANITARY SEWER REHAB/REPLACEMENT - 4,108 (4,108)
2020 SANITARY SEWER REHAB/REPLACEMENT 3,750,000 16,546 3,733,454
KENNYDALE LAKELINE SEWER UPGRADE 3,398,000 640 3,397,360
TOTAL PROJECT BALANCES 19,029,000$ 149,357$ 18,879,643$
Non-capital items included in project budgets (871,000) (2,181) (868,819)
Operating fund equipment purchase 10,200 - 10,200
TOTAL CAPITAL OUTLAY 18,168,200$ 147,176$ 18,021,024$
WASTEWATER UTILITY FUND PROJECT BALANCES AT MARCH 31, 2020
Quarterly Financial Report City of Renton, Washington 1st Quarter 2020
Page 28 of 36
SURFACE WATER UTILITY FUND
This fund accounts for revenues and expenses for administration, debt service, operation, capital improvements, and
maintenance of the City’s surface water utility.
2019 2020 2020 YTD
YTD ACTUAL ANNUAL BUDGET YTD ACTUAL PRIOR YEAR BUDGET % BUDGET
REVENUES:
Licenses and permits 9,750$ 50,456$ 23,225$ 13,475$ (27,231)$ 46.03%
Grants / intergovernmental 609,384 12,356,399 560,614 (48,770) (11,795,785) 4.54%
Charges for services 2,923,482 13,000,699 2,939,386 15,904 (10,061,313) 22.61%
Interest and other misc 72,776 135,163 147,608 74,832 12,445 109.21%
TOTAL REVENUES 3,615,392 25,542,717 3,670,833 55,441 (21,871,884) 14.37%
EXPENSES:
Personnel 851,200 3,623,525 876,981 (25,781) 2,746,544 24.20%
Supplies 24,205 175,848 32,131 (7,926) 143,717 18.27%
Contracted Services 349,706 4,319,156 373,515 (23,809) 3,945,641 8.65%
Internal Services 482,764 2,105,058 520,698 (37,934) 1,584,360 24.74%
TOTAL OPERATING EXPENSES 1,707,875 10,223,587 1,803,325 (95,450) 8,420,262 17.64%
AMOUNT AVAILABLE FOR DEBT SERVICE,
CAPITAL, AND TRANSFERS 1,907,517 15,319,130 1,867,508 (40,009) (13,451,622) 12.19%
DEBT SERVICE:
Principal ‐ 488,950 ‐ ‐ 488,950 0.00%
Interest 130,003 640,845 130,000 3 510,845 20.29%
TOTAL DEBT SERVICE 130,003 1,129,795 130,000 3 999,795 11.51%
CAPITAL OUTLAY 351,324 20,214,602 379,244 (27,920) 19,835,358 1.88%
NET TRANSFERS ‐ ‐ ‐ ‐ ‐ N/A
CHANGE IN FUND BALANCE 1,426,190 (6,025,267) 1,358,264 (67,926) 7,383,531 N/A
BEGINNING FUND BALANCE, Jan 1 16,356,030 18,377,556 18,377,556 2,021,526 ‐ 100.00%
ENDING FUND BALANCE, Mar 31 17,782,220$ 12,352,289$ 19,735,820$ 1,953,600$ 7,383,531$ 159.77%
SURFACE WATER UTILITY
VARIANCE
PROJECT BUDGET ACTUAL BALANCE
COMP S&SW MGMT PLAN P&D 172,034$ 21,793$ 150,241$
SM DRAINAGE PROBLEMS 683,923 59,148 624,775
PANTHER CR WL MOSQUITO ABATEMENT 89,767 381 89,386
MADSEN CREEK SEDIMENT BASIN 83,738 7,607 76,131
SMALL DRAINAGE PROJ-MAPLEWOOD SEDIMENT 111,314 181 111,132
WETLAND MITIGATION BANK 160,345 2,774 157,571
ACOE 205 PROJECT 61,693 723 60,970
CEDAR RIVER GRAVEL REMOVAL 2,902,163 39,362 2,862,801
RENTON STORM WATER MANUAL 75,815 1,306 74,510
GREEN RIVER ECOSYSTEM STUDY 48,336 159 48,177
MISCELLANEOUS/EMERGENCY/STORM PROJECTS 100,000 - 100,000
SURFACE WATER UTILITY GIS 125,382 21,007 104,375
HARDIE AVE S UNDERPASS STORM SYSTEM IMPR 2,391 - 2,391
MONROE AVE/N 2ND ST 378,837 35,745 343,092
STORMWATER FACILITY FENCING PROJECT 265,101 2,832 262,269
CEDAR RIVER 205 LEVEE RECERTIFICATION 4,854,386 69,949 4,784,437
SE 172ND ST/125TH AVE SE 182,561 47,040 135,521
RAINIER AVE/OAKSDALE AVE PUMP STATION UP 207,467 4,549 202,918
NE 16TH/JEFFERSON AVE NE 2,768,213 73,605 2,694,608
DOWNTOWN STORM SYSTEM IMPROVEMENT PROJEC 6,030,270 91,668 5,938,602
HEATHER DOWNS DETENTION POND 693,543 4,140 689,403
MADSEN CRK IMPROV PHASE 1-KCFCD 1,033,096 22,035 1,011,061
RAINIER AVE/BENSON RD S - CULVERT REPL 200,610 7,730 192,880
CMP STORM SYSTEM REPLACEMENT PROJECT 589,934 3,512 586,422
CEDAR RIVER FLOOD RISK REDUCTION 499,658 1,700 497,958
STORMWATER FACILITY RETROFIT STUDY 300,000 812 299,188
BURNETT AVE S/WILLIAMS AVE S 467,629 74 467,554
WSDOT LA ROW RUNOFF IMPACT MITIGATION - - -
TOTAL PROJECT BALANCES 23,088,205$ 519,830$ 22,568,375$
Non-capital items included in project budgets (2,902,163) (140,587) (2,761,576)
Operating fund equipment purchase 28,560 - 28,560
TOTAL CAPITAL OUTLAY 20,214,602$ 379,244$ 19,835,358$
SURFACE WATER UTILITY PROJECT BALANCES AT MARCH 31, 2020
Quarterly Financial Report City of Renton, Washington 1st Quarter 2020
Page 29 of 36
METRO FUND
This fund accounts for revenues and expenses for operation of the City’s wastewater utility, as it relates to charges for and
payment to King County Metro for water treatment services.
Capital Outlay ‐ The Metro Fund does not have a capital fund.
2019 2020 2020 YTD
YTD ACTUAL ANNUAL BUDGET YTD ACTUAL PRIOR YEAR BUDGET % BUDGET
REVENUES:
Charges for services 4,298,504$ 17,007,226$ 4,277,356$ (21,148)$ (12,729,870)$ 25.15%
Interest and other misc 25,450 ‐ 20,073 (5,377) 20,073 N/A
TOTAL REVENUES 4,323,954 17,007,226 4,297,429 (26,525) (12,709,797) 25.27%
EXPENSES:
Contracted Services 4,208,170 17,007,226 4,244,070 (35,900) 12,763,156 24.95%
TOTAL OPERATING EXPENSES 4,208,170 17,007,226 4,244,070 (35,900) 12,763,156 24.95%
AMOUNT AVAILABLE FOR DEBT SERVICE,
CAPITAL, AND TRANSFERS 115,784 ‐ 53,359 (62,425) 53,359 N/A
TOTAL DEBT SERVICE ‐ ‐ ‐ ‐ ‐ N/A
CAPITAL OUTLAY ‐ ‐ ‐ ‐ ‐ N/A
NET TRANSFERS ‐ ‐ ‐ ‐ ‐ N/A
CHANGE IN FUND BALANCE 115,784 ‐ 53,359 (62,425) 53,359 N/A
BEGINNING FUND BALANCE, Jan 1 5,512,418 5,961,906 5,961,906 449,488 ‐ 100.00%
ENDING FUND BALANCE, Mar 31 5,628,202$ 5,961,906$ 6,015,265$ 387,063$ 53,359$ 100.89%
METRO
VARIANCE
Quarterly Financial Report City of Renton, Washington 1st Quarter 2020
Page 30 of 36
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. YTD budgets are not prepared for Internal Service Funds.
EQUIPMENT RENTAL FUND
This fund accounts for revenues and expenses for administration, purchase, and maintenance of the City’s vehicle and
equipment Fleet services. Departments pay in monthly amounts for maintenance and operations. Replacement reserves are
paid monthly over the estimated useful lives of each individual vehicle or piece of equipment. These reverses are accumulated
in fund balance so that they are available to fund the replacement of the vehicle/equipment when the time comes.
Interdepartmental services ‐ Increases in interdepartmental services revenues over the prior year are due to the addition of
police take‐home vehicles.
2019 2020 2020 YTD
YTD ACTUAL ANNUAL BUDGET YTD ACTUAL PRIOR YEAR BUDGET % BUDGET
REVENUES:
Charges for services 6,658$ ‐$ 12,773$ 6,115$ 12,773$ N/A
Interdepartmental services 1,311,987 5,650,319 1,433,622 121,635 (4,216,697) 25.37%
Interest and other misc 30,973 12,000 22,877 (8,096) 10,877 190.64%
TOTAL REVENUES 1,349,618 5,662,319 1,469,272 119,654 (4,193,047) 25.95%
EXPENSES:
Personnel 288,656 1,224,163 288,607 49 935,556 23.58%
Supplies 289,194 1,496,153 252,045 37,149 1,244,108 16.85%
Contracted Services 58,155 133,166 58,341 (186) 74,825 43.81%
Internal Services 7,370 36,694 9,173 (1,803) 27,521 25.00%
TOTAL OPERATING EXPENSES 643,375 2,890,176 608,166 35,209 2,282,010 21.04%
AMOUNT AVAILABLE FOR DEBT SERVICE,
CAPITAL, AND TRANSFERS 706,243 2,772,143 861,106 154,863 (1,911,037) 31.06%
TOTAL DEBT SERVICE ‐ ‐ ‐ ‐ ‐ N/A
CAPITAL OUTLAY 548,903 4,064,000 272,735 276,168 3,791,265 6.71%
NET TRANSFERS ‐ ‐ ‐ ‐ ‐ N/A
CHANGE IN FUND BALANCE 157,340 (1,291,857) 588,371 431,031 1,880,228 N/A
BEGINNING FUND BALANCE, Jan 1 6,493,018 6,851,811 6,851,811 358,793 ‐ 100.00%
ENDING FUND BALANCE, Mar 31 6,650,358$ 5,559,954$ 7,440,182$ 789,824$ 1,880,228$ 133.82%
EQUIPMENT RENTAL
VARIANCE
Quarterly Financial Report City of Renton, Washington 1st Quarter 2020
Page 31 of 36
INSURANCE FUND
This fund accounts for the administration and operation of the City’s self‐insurance programs for property losses, liability,
workers’ compensation, and unemployment compensation. Expenses are paid by the Insurance Fund and rates are charged
to departments based on their claims history over the preceding five years and coverage requirements.
Contracted Services ‐ The increase in contracted services expenses over the prior year are due to Liability claims paid.
2019 2020 2020 YTD
YTD ACTUAL ANNUAL BUDGET YTD ACTUAL PRIOR YEAR BUDGET % BUDGET
REVENUES:
Interdepartmental services 764,124$ 3,193,962$ 786,525$ 22,401$ (2,407,437)$ 24.63%
Interest and other misc 111,689 197,000 75,560 (36,129) (121,440) 38.36%
TOTAL REVENUES 875,813 3,390,962 862,085 (13,728) (2,528,877) 25.42%
EXPENSES:
Personnel 252,988 1,484,232 258,715 (5,727) 1,225,517 17.43%
Supplies ‐ 6,956 374 (374) 6,582 5.38%
Contracted Services 518,535 1,858,146 655,659 (137,124) 1,202,487 35.29%
TOTAL OPERATING EXPENSES 771,523 3,349,334 914,748 (143,225) 2,434,586 27.31%
AMOUNT AVAILABLE FOR DEBT SERVICE,
CAPITAL, AND TRANSFERS 104,290 41,628 (52,663) (156,953) (94,291) ‐126.51%
TOTAL DEBT SERVICE ‐ ‐ ‐ ‐ ‐ N/A
CAPITAL OUTLAY ‐ ‐ ‐ ‐ ‐ N/A
TRANSFERS OUT ‐ 900,000 ‐ ‐ 900,000 0.00%
NET TRANSFERS ‐ (900,000) ‐ ‐ 900,000 N/A
CHANGE IN FUND BALANCE 104,290 (858,372) (52,663) (156,953) 805,709 N/A
BEGINNING FUND BALANCE, Jan 1 18,522,154 19,095,508 19,095,508 573,354 ‐ 100.00%
ENDING FUND BALANCE, Mar 31 18,626,444$ 18,237,136$ 19,042,845$ 416,401$ 805,709$ 104.42%
INSURANCE
VARIANCE
Quarterly Financial Report City of Renton, Washington 1st Quarter 2020
Page 32 of 36
INFORMATION TECHNOLOGY FUND
This fund accounts for the administration, purchase, and operation of the City’s information technology systems, including
computer hardware and software, network servers and infrastructure, phone systems, and cell phones. Expenses are paid by
the Information Technology Fund and rates are charged to departments based on use.
Interdepartmental services ‐ Increased interdepartmental services revenue over the prior year is due to increased costs in
personnel and contracted services being charged back to the departments.
Personnel ‐ Increased personnel costs over the prior year are the result of COLAs and allocating ½ of the Administrative
Services Administrator payroll costs to the IT division beginning in January 2020.
Contracted Services ‐ Increased contracted services expenses over the prior year are the result of increased service contract
costs primarily associated with added cameras and computers in police take‐home vehicles.
2019 2020 2020 YTD
YTD ACTUAL ANNUAL BUDGET YTD ACTUAL PRIOR YEAR BUDGET % BUDGET
REVENUES:
Licenses and permits 84,680$ 150,000$ 74,067$ (10,613)$ (75,933)$ 49.38%
Interdepartmental services 1,238,247 5,761,238 1,446,529 208,282 (4,314,709) 25.11%
Interest and other misc 14,589 7,000 17,057 2,468 10,057 243.67%
TOTAL REVENUES 1,337,516 5,918,238 1,537,653 200,137 (4,380,585) 25.98%
EXPENSES:
Personnel 691,964 3,215,906 761,501 (69,537) 2,454,405 23.68%
Supplies 109,872 1,078,155 119,770 (9,898) 958,385 11.11%
Contracted Services 558,925 2,467,051 626,629 (67,704) 1,840,422 25.40%
Internal Services 391 1,804 451 (60) 1,353 25.00%
TOTAL OPERATING EXPENSES 1,361,152 6,762,916 1,508,351 (147,199) 5,254,565 22.30%
AMOUNT AVAILABLE FOR DEBT SERVICE,
CAPITAL, AND TRANSFERS (23,636) (844,678) 29,302 52,938 873,980 N/A
TOTAL DEBT SERVICE ‐ ‐ ‐ ‐ ‐ N/A
CAPITAL OUTLAY 30,348 1,313,500 14,520 15,828 1,298,980 1.11%
TRANSFERS IN 22,676 9,630 5,745 (16,931) (3,885) 59.66%
NET TRANSFERS 22,676 9,630 5,745 (16,931) (3,885) 59.66%
CHANGE IN FUND BALANCE (31,308) (2,148,548) 20,527 51,835 2,169,075 N/A
BEGINNING FUND BALANCE, Jan 1 3,934,408 4,490,062 4,490,062 555,654 ‐ 100.00%
ENDING FUND BALANCE, Mar 31 3,903,100$ 2,341,514$ 4,510,589$ 607,489$ 2,169,075$ 192.64%
INFORMATION TECHNOLOGY
VARIANCE
Quarterly Financial Report City of Renton, Washington 1st Quarter 2020
Page 33 of 36
FACILITIES FUND
This fund accounts for the administration, maintenance, and operation of City‐owned facilities. Expenses are paid by the
Facilities Fund and rates are charged to departments based on square footage.
Interdepartmental services ‐ The increase in interdepartmental services revenue over the prior year is primarily due to no
longer providing Facility services to the Renton Regional Fire Authority (RRFA). In 2019, the RRFA contributed $844K in
revenue to the Facilities division, which included charges for some direct costs (supplies, utilities, and repairs/maintenance
of the fire stations), but also covered a portion of overhead that now must be absorbed fully by City departments.
Personnel ‐ The increase in personnel costs over the prior year is due to the conversion of supplemental staff to regular
(benefitted) employees and moving 100% of the Golf Course custodian’s salary and benefits to the Facilities Fund, with an
offsetting increase in interdepartmental services revenue, rather than splitting the cost between the two funds as was prior
practice.
Supplies ‐ The increase in supplies expense over the prior year is due to new AED devices installed in City facilities and
custodial supply purchases.
2019 2020 2020 YTD
YTD ACTUAL ANNUAL BUDGET YTD ACTUAL PRIOR YEAR BUDGET % BUDGET
REVENUES:
Grants / intergovernmental ‐$ ‐$ 21,835$ 21,835$ 21,835$ N/A
Interdepartmental services 1,107,871 5,321,386 1,312,128 204,257 (4,009,258) 24.66%
Rents, leases, and misc fees ‐ ‐ 39,250 39,250 39,250 N/A
Interest and other misc 5,360 4,000 4,388 (972) 388 109.70%
TOTAL REVENUES 1,113,231 5,325,386 1,377,601 264,370 (3,947,785) 25.87%
EXPENSES:
Personnel 690,019 3,828,616 779,843 (89,824) 3,048,773 20.37%
Supplies 87,151 328,468 170,290 (83,139) 158,178 51.84%
Contracted Services 386,901 1,869,621 366,201 20,700 1,503,420 19.59%
Internal Services 16,312 76,045 19,011 (2,699) 57,034 25.00%
TOTAL OPERATING EXPENSES 1,180,383 6,102,750 1,335,345 (154,962) 4,767,405 21.88%
AMOUNT AVAILABLE FOR DEBT SERVICE,
CAPITAL, AND TRANSFERS (67,152) (777,364) 42,256 109,408 819,620 N/A
TOTAL DEBT SERVICE ‐ ‐ ‐ ‐ ‐ N/A
CAPITAL OUTLAY 12,539 ‐ 5,704 6,835 (5,704) N/A
TRANSFERS IN ‐ 2,880 7,459 7,459 4,579 258.99%
TRANSFERS OUT 5,000 ‐ ‐ 5,000 ‐ N/A
NET TRANSFERS (5,000) 2,880 7,459 12,459 4,579 258.99%
CHANGE IN FUND BALANCE (84,691) (774,484) 44,011 128,702 818,495 N/A
BEGINNING FUND BALANCE, Jan 1 1,376,859 1,220,276 1,220,276 (156,583) ‐ 100.00%
ENDING FUND BALANCE, Mar 31 1,292,168$ 445,792$ 1,264,287$ (27,881)$ 818,495$ 283.60%
FACILITIES
VARIANCE
Quarterly Financial Report City of Renton, Washington 1st Quarter 2020
Page 34 of 36
COMMUNICATIONS FUND
This fund accounts for community and intergovernmental relations and communications with the public. Communications is
a major activity of the City’s administration responsible for external communications, employee communications, media
relations, and coordination of all departments in producing the City’s website. Expenses are paid by the Communications
Fund and rates are charged to departments based on usage.
2019 2020 2020 YTD
YTD ACTUAL ANNUAL BUDGET YTD ACTUAL PRIOR YEAR BUDGET % BUDGET
REVENUES:
Grants / intergovernmental ‐$ 80,000$ ‐$ ‐$ (80,000)$ 0.00%
Interdepartmental services 276,168 1,133,441 283,360 7,192 (850,081) 25.00%
Interest and other misc 2,496 1,000 2,704 208 1,704 270.40%
TOTAL REVENUES 278,664 1,214,441 286,064 7,400 (928,377) 23.56%
EXPENSES:
Personnel 201,285 876,967 223,519 (22,234) 653,448 25.49%
Supplies 6,193 77,579 11,959 (5,766) 65,620 15.42%
Contracted Services 73,071 342,365 52,388 20,683 289,977 15.30%
Internal Services 744 3,941 985 (241) 2,956 24.99%
TOTAL OPERATING EXPENSES 281,293 1,300,852 288,851 (7,558) 1,012,001 22.20%
AMOUNT AVAILABLE FOR DEBT SERVICE,
CAPITAL, AND TRANSFERS (2,629) (86,411) (2,787) (158) 83,624 N/A
TOTAL DEBT SERVICE ‐ ‐ ‐ ‐ ‐ N/A
CAPITAL OUTLAY ‐ ‐ ‐ ‐ ‐ N/A
TRANSFERS OUT ‐ ‐ 329 (329) (329) N/A
NET TRANSFERS ‐ ‐ (329) (329) (329) N/A
CHANGE IN FUND BALANCE (2,629) (86,411) (3,116) (487) 83,295 N/A
BEGINNING FUND BALANCE, Jan 1 685,593 803,561 803,561 117,968 ‐ 100.00%
ENDING FUND BALANCE, Mar 31 682,964$ 717,150$ 800,445$ 117,481$ 83,295$ 111.61%
COMMUNICATIONS
VARIANCE
Quarterly Financial Report City of Renton, Washington 1st Quarter 2020
Page 35 of 36
HEALTH INSURANCE FUND
This fund accounts for the City’s self‐insured health insurance program. Expenses/claims are paid by the Health Insurance
Fund and rates are charged to employees and departments based on annual premiums determined by the City’s Employee
Health Plan Board for each type of coverage elected by the employee; paid semi‐monthly in conjunction with each payroll.
Premiums ‐ Premiums revenue increased over the prior year due to 1) increased rates and 2) additional FTEs.
Personnel – Personnel costs increased over the prior year due to increased medical and dental claims.
2019 2020 2020 YTD
YTD ACTUAL ANNUAL BUDGET YTD ACTUAL PRIOR YEAR BUDGET % BUDGET
REVENUES:
Premiums 2,770,653$ 12,603,106$ 3,029,358$ 258,705$ (9,573,748)$ 24.04%
Interest and other misc 17,580 46,588 17,996 416 (28,592) 38.63%
TOTAL REVENUES 2,788,233 12,649,694 3,047,354 259,121 (9,602,340) 24.09%
EXPENSES:
Personnel 2,180,636 12,011,435 2,487,535 (306,899) 9,523,900 20.71%
Supplies ‐ 7,500 6,881 (6,881) 619 91.75%
Contracted Services 108,416 447,416 134,810 (26,394) 312,606 30.13%
Internal Services 14,513 60,430 15,107 (594) 45,323 25.00%
TOTAL OPERATING EXPENSES 2,303,565 12,526,781 2,644,333 (340,768) 9,882,448 21.11%
AMOUNT AVAILABLE FOR DEBT SERVICE,
CAPITAL, AND TRANSFERS 484,668 122,913 403,021 (81,647) 280,108 327.89%
TOTAL DEBT SERVICE ‐ ‐ ‐ ‐ ‐ N/A
CAPITAL OUTLAY ‐ ‐ ‐ ‐ ‐ N/A
NET TRANSFERS ‐ ‐ ‐ ‐ ‐ N/A
CHANGE IN FUND BALANCE 484,668 122,913 403,021 (81,647) 280,108 327.89%
BEGINNING FUND BALANCE, Jan 1 4,259,511 5,151,648 5,151,648 892,137 ‐ 100.00%
ENDING FUND BALANCE, Mar 31 4,744,179$ 5,274,561$ 5,554,669$ 810,490$ 280,108$ 105.31%
HEALTH INSURANCE
VARIANCE
Quarterly Financial Report City of Renton, Washington 1st Quarter 2020
Page 36 of 36
RETIREE HEALTHCARE FUND
This fund accounts for the City’s self‐insured health insurance program for LEOFF1 retirees. Benefits include medical,
prescription drug, Medicare Part B premiums, long‐term care, and vision coverage for retired law enforcement officers and
firefighters that were employed by the City prior to October 1, 1977. Dependent spouses and children are not covered. 100%
of premiums are provided by the General Fund with annual contributions determined by recommendation of the City’s
Employee Health Plan Board after review of a report prepared by Healthcare Actuaries.
Personnel ‐ The increase in personnel costs over the prior year is due to an increase in prescription costs and payments for
long‐term care, a benefit not previously being utilized.
CONTACT INFORMATION
This report is prepared by the Finance Division of the Administrative Services 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 Misty Baker at mbaker@rentonwa.gov or Jan Hawn at jhawn@rentonwa.gov.
2019 2020 2020 YTD
YTD ACTUAL ANNUAL BUDGET YTD ACTUAL PRIOR YEAR BUDGET % BUDGET
REVENUES:
Grants / intergovernmental 35,898$ 45,014$ 35,245$ (653)$ (9,769)$ 78.30%
Premiums 656,168 1,131,989 656,171 3 (475,818) 57.97%
Interest and other misc 51,568 67,459 53,283 1,715 (14,176) 78.99%
TOTAL REVENUES 743,634 1,244,462 744,699 1,065 (499,763) 59.84%
EXPENSES:
Personnel 176,071 1,209,429 299,055 (122,984) 910,374 24.73%
Contracted Services 14,075 38,814 12,742 1,333 26,072 32.83%
TOTAL OPERATING EXPENSES 190,146 1,248,243 311,797 (121,651) 936,446 24.98%
AMOUNT AVAILABLE FOR DEBT SERVICE,
CAPITAL, AND TRANSFERS 553,488 (3,781) 432,902 (120,586) 436,683 N/A
TOTAL DEBT SERVICE ‐ ‐ ‐ ‐ ‐ N/A
CAPITAL OUTLAY ‐ ‐ ‐ ‐ ‐ N/A
NET TRANSFERS ‐ ‐ ‐ ‐ ‐ N/A
CHANGE IN FUND BALANCE 553,488 (3,781) 432,902 (120,586) 436,683 N/A
BEGINNING FUND BALANCE, Jan 1 13,876,628 15,799,729 15,799,729 1,923,101 ‐ 100.00%
ENDING FUND BALANCE, Mar 31 14,430,116$ 15,795,948$ 16,232,631$ 1,802,515$ 436,683$ 102.76%
RETIREE HEALTHCARE
VARIANCE