HomeMy WebLinkAboutQUARTER 2 2020Page 1 of 38
OVERVIEW
This quarterly financial report reflects the City’s revenue and expenditures/expenses for the fiscal year through June 30, 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 5975, which includes budget cuts in response to
COVID‐19. Revenue budgets for 2020 have not been reduced to‐date as the annual impact of COVID‐19 is still uncertain.
Adjustments to the revenue budgets will be proposed to Council prior to the end of the year.
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 41,485,222$ 81,535,404$ 42,516,785$ 39,938,915$ (1,546,307)$ (2,577,870) 48.98%
Licenses & Permits 3,122,404 5,550,877 3,104,445 2,730,287 (392,117) (374,158) 49.19%
Intergovernmental 1,996,380 6,006,330 2,228,163 2,011,472 15,092 (216,691) 33.49%
Charges for Services 4,382,763 8,968,213 4,446,529 3,922,097 (460,666) (524,432) 43.73%
Fines and Penalties 2,248,545 4,759,187 1,869,646 1,734,081 (514,464) (135,565) 36.44%
Miscellaneous 1,855,228 2,796,165 1,376,295 1,487,586 (367,642) 111,291 53.20%
Other Financing Sources (Transfer‐In, etc) 99,637 21,551,170 8,633,324 8,651,424 8,551,787 18,100 40.14%
Total Revenues 55,190,179 131,167,346 64,175,187 60,475,862 5,285,683 (3,699,325) 46.11%
EXPENDITURES
Council 186,293 420,924 217,690 211,027 (24,734) 6,663 50.13%
Executive 1,229,299 2,562,066 1,241,370 1,301,766 (72,467) (60,396) 50.81%
Emergency Management 282,489 729,951 335,449 535,049 (252,560) (199,600) 73.30%
City Attorney 1,149,146 2,421,421 1,187,825 1,156,877 (7,731) 30,948 47.78%
Court Services 1,181,156 2,706,695 1,355,932 1,275,518 (94,362) 80,414 47.12%
Community and Eco Dvlpmnt Admin 714,754 1,560,726 870,891 938,198 (223,444) (67,307) 60.11%
Development Services 1,118,068 2,600,034 1,256,311 1,268,912 (150,844) (12,601) 48.80%
Economic Development 435,237 3,942,393 1,178,354 808,950 (373,713) 369,404 20.52%
Planning 1,902,517 4,370,938 2,098,004 2,021,703 (119,186) 76,301 46.25%
Finance 1,478,970 3,709,001 1,631,851 1,478,946 24 152,905 39.87%
City Clerk 729,962 1,175,923 678,073 710,321 19,641 (32,248) 60.41%
Human Resources 691,958 1,530,267 745,264 724,979 (33,021) 20,285 47.38%
Police 17,287,443 36,077,366 17,921,247 18,762,821 (1,475,378) (841,574) 52.01%
Jail Services 2,883,025 6,518,024 3,259,504 2,354,207 528,818 905,297 36.12%
Community Services Admin 608,336 1,534,005 649,362 621,111 (12,775) 28,251 40.49%
Parks & Trails 2,434,389 5,103,016 2,345,573 2,414,786 19,603 (69,213) 47.32%
Parks Planning & Natural Resources 675,357 2,414,791 1,049,299 900,403 (225,046) 148,896 37.29%
Recreation & Neighborhoods 2,823,661 4,879,722 2,087,422 2,475,148 348,513 (387,726) 50.72%
Human Services 617,572 1,644,515 704,965 659,706 (42,134) 45,259 40.12%
Museum 127,713 225,195 113,034 129,422 (1,709) (16,388) 57.47%
Public Works Admin 212,956 442,549 222,335 204,636 8,320 17,699 46.24%
Street Maintenance 2,831,686 5,591,654 2,818,796 2,797,589 34,097 21,207 50.03%
Transportation 2,899,864 7,059,187 3,051,214 3,123,937 (224,073) (72,723) 44.25%
Non‐Departmental and Other 1,571,499 24,939,163 9,688,457 9,510,774 (7,939,275) 177,683 38.14%
Total Expenditures 46,073,350 124,159,526 56,708,222 56,386,786 (10,313,436) 321,436 45.41%
Change in Fund Balance 9,116,829 7,007,820 7,466,965 4,089,076 (5,027,753) (3,377,889) 58.35%
Beginning Fund Balance 44,578,377 48,056,982 48,056,982 48,056,982 3,478,605 ‐ 100.00%
Ending Fund Balance 53,695,206$ 55,064,802$ 55,523,947$ 52,146,058$ (1,549,148)$ (3,377,889) 94.70%
Summary of Sources and Uses Favorable (Unfavorable)
2019 2020 Variance
YTD Actual Annual Budget YTD Budget YTD Actual
Quarterly Financial Report 2nd Quarter 2020
Quarterly Financial Report City of Renton, Washington 2nd Quarter 2020
Page 2 of 38
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. All variances are shown in a
favorable (unfavorable) format.
TAXES
Property Tax – Property tax collections by King County have exceeded prior year and YTD budget. $140K of property taxes
collected through June 30 were for prior years’ delinquent taxes, bringing the balance of delinquent taxes receivable to $84K,
the remainder of taxes collected were for the 2020 levy.
Local Retail Sales Tax – COVID‐19 will heavily influence the sales tax figures throughout 2020. There are three factors which
as going to impact our sales tax distribution: 1) DOR is providing extensions for monthly filers, 2) many stores and other retail
locations have been required to be closed during the governor’s stay‐at‐home order, therefore, little to no sales will be made
during this time, and 3) some businesses will be closing due to decreased revenues. Please see the monthly sales tax report
for more 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. The City also received a one‐time payment in the amount of $587K
in May related to sales tax credit revenues owed for the Benson Hill Annexation. This one‐time payment was the result of an
audit at the state level where it was determined the state had underpaid the City in 2019.
Criminal Justice Sales Tax – The criminal justice sales tax is a 0.1% sales tax imposed by the County for criminal justice
purposes. The County must share 90% of the revenues collected with all cities and towns in the county on a per capital basis.
The decrease in criminal justice sales tax directly relates to the decrease in retail sales tax, as described above.
Utility Tax – The decrease in utility tax is due to a combination of factors. Some taxes have decreased while others have
increased. The decrease in electrical taxes is due to a timing difference. A $422K tax payment, due June 30, was not received
until July 6.
2019 2020 2020
Actual Budget Actual $%$%
Property Tax 9,328,145$ 10,651,492$ 11,346,387$ 2,018,242$ 21.6% 694,894$ 6.5%
Local Retail Sales Tax 13,554,004 13,936,684 12,684,477 (869,527) ‐6.4% (1,252,206) ‐9.0%
State Sales Tax Credit ‐ Annexation/LRF ‐ ‐ 746,377 746,377 100.0% 746,377 100.0%
Criminal Justice Sales Tax 1,549,423 1,414,591 1,444,570 (104,853) ‐6.8%29,979 2.1%
Natural Gas Use Tax 147,158 149,908 82,218 (64,940) ‐44.1% (67,691) ‐45.2%
Admission Tax 88,107 72,148 83,775 (4,332) ‐4.9%11,628 16.1%
Utility Tax 8,102,687 8,237,505 7,935,376 (167,311) ‐2.1% (302,129) ‐3.7%
Leasehold Excise Tax 85,775 85,006 61,729 (24,046) ‐28.0% (23,277) ‐27.4%
Gambling Excise Tax 1,420,296 1,253,596 1,340,441 (79,855) ‐5.6%86,845 6.9%
B&O Tax 7,209,626 6,715,855 4,213,566 (2,996,061) ‐41.6% (2,502,289) ‐37.3%
YTD Total 41,485,222$ 42,516,785$ 39,938,915$ (1,546,306)$ ‐3.7% (2,577,870)$ ‐6.1%
Annual Total 89,542,897$ 81,535,404$
Taxes by Type
Revenue
2020 vs. 2019 2020 vs. Budget
Year to Date through June
Quarterly Financial Report City of Renton, Washington 2nd Quarter 2020
Page 3 of 38
The breakdown of Utility Tax is as follows:
Business and Occupation (B&O) Tax – B&O tax revenues rely heavily on the revenue of a limited number of large businesses.
These businesses have seen economic downturn in 2020 as a result of COVID‐19 as well as other factors and, as a result, have
seen considerable loss in revenue including an average decrease of 30% from the top 5 manufacturing companies.
LICENSES & PERMITS
Franchise Fees – Franchise fee revenues were less than anticipated for the first half of 2020. This is likely due to the governor’s
stay‐at‐home order resulting in less construction being done in City right‐of‐ways.
Business Licenses – Business license revenues are lagging behind 2019 and YTD budget at 6/30. This is due to three main
factors: 1) some businesses closed as a result of COVID‐19 revenue losses, 2) extensions were granted in response to COVID‐
19, and 3) reduced construction and other seasonal activities due to COVID‐19.
Building Permits – The governor’s stay‐at‐home order forced many commercial and most residential construction projects to
stop for an extended period of time. The stay‐at‐home order has now expired, but permit activity is not expected to return
to pre‐COVID‐19 levels for the remainder of 2020 due to an overall decline in the economy.
INTERGOVERNMENTAL
2019 2020 2020
Tax by Type YTD Actual YTD Budget YTD Actual $ % $ %
Electrical 2,843,902$ 2,958,973$ 2,567,012$ (276,890)$ ‐9.7% $ (391,961)‐13.3%
Natural Gas 887,442 883,076 1,001,836 114,394 12.9% 118,760 13.5%
Cell 368,522 360,181 439,820 71,299 19.4% 79,640 22.1%
Phone 463,489 433,554 312,502 (150,987) ‐32.6% (121,052)‐27.9%
Cable 709,911 750,330 609,389 (100,522) ‐14.2% (140,941)‐18.8%
Garbage 396,016 385,836 592,172 196,156 49.5% 206,335 53.5%
City Utilities 2,433,405 2,465,554 2,412,645 (20,760) ‐0.8% (52,909)‐2.2%
YTD Total 8,102,687$ 8,237,505$ 7,935,376$ (167,311)$ ‐2.1%(302,129)$ ‐3.7%
2020 vs. 2019 2020 vs. Budget
2019 2020 2020
Actual Budget Actual $ % $ %
Franchise Fees 761,146 841,964 732,385 (28,761) ‐3.8% (109,579) ‐13.0%
Business Licenses 861,375 832,178 720,157 (141,218) ‐16.4% (112,021) ‐13.5%
Animal Licenses 42,900 48,637 38,330 (4,570) ‐10.7% (10,307) ‐21.2%
Building Permits 1,437,847 1,354,929 1,221,835 (216,013) ‐15.0% (133,094) ‐9.8%
ROW/Street Excavation Permits 19,085 26,439 17,360 (1,725) ‐9.0% (9,079) ‐34.3%
Special Event Permits 50 299 220 170 340.0%(79) ‐26.4%
YTD Total 3,122,404$ 3,104,445$ 2,730,287$ (392,117)$ ‐12.6% (374,159)$ ‐12.1%
Annual Total 5,750,061$ 5,550,877$
Year to Date through June
Revenue
2020 vs. 2019 2020 vs. Budget
Licenses & Permits by Type
2019 2020 2020
Actual Budget Actual $ % $ %
State Shared Revenue 1,746,058$ 1,755,886$ 1,982,220$ 236,162$ 13.5% 226,334$ 12.9%
Federal Grants 46,128 292,264 3,284 (42,844) ‐92.9% (288,980) ‐98.9%
State Grants 21,596 60,616 100 (21,496) ‐99.5% (60,516) ‐99.8%
Local Grants 182,599 119,397 25,869 (156,730) ‐85.8% (93,528) ‐78.3%
YTD Total 1,996,380$ 2,228,163$ 2,011,472$ 15,093$ 0.8%(216,690)$ ‐9.7%
Annual Total 4,820,547$ 6,006,330$
Intergovernmental by Type
Revenue
2020 vs. 2019 2020 vs. Budget
Year to Date through June
Quarterly Financial Report City of Renton, Washington 2nd Quarter 2020
Page 4 of 38
State Shared Revenue – The increase in state shared revenues over prior year is almost entirely due to a 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:
Federal/State/Local Grants – Federal/State/Local grant revenues vary significantly from year‐to‐year based on what grants
have been awarded and the timing of grant expenditures and related reimbursement requests. Grant revenues are budgeted
at 100% of the award at the time the grant agreement is finalized and any amounts not received are carried forward each
year until either 1) the grant funds are fully received or 2) the grant agreement expires.
CHARGES FOR SERVICES
Development Services – The decrease in development services is almost entirely related to inspection services.
Recreation/Farmer’s Market/Events – The decrease in revenues is related to cancelled programs, as a result of COVID‐19.
Interfund Services – Interfund services revenues increased from the prior year due to increased Fleet and IT charges related
to new Police take‐home vehicles. Interfund services revenues are less than the YTD budget as the budget reflects
reimbursement of staffing costs from CIP projects that staff did not work on during the first half of the year, including
reimbursement for a capital project coordinator position that is vacant.
2019 2020 2020
Tax by Type YTD Actual YTD Budget YTD Actual $ % $ %
Judicial Contribution 10,830$ 7,366$ 21,536$ 10,706$ 98.9% 14,170$ 192.4%
Crim Just ‐ High Crime 147,980 138,359 140,366 (7,614) ‐5.2%2,007 1.5%
Crim Just ‐ Pop 15,185 12,057 15,878 694 4.6% 3,822 31.7%
Crim Just ‐ Spec Prog 54,774 55,377 56,993 2,219 4.1% 1,616 2.9%
State DUI 7,571 9,215 6,871 (700) ‐9.2% (2,344) ‐25.4%
Marijuana Distribution 105,527 ‐ 103,655 (1,872) ‐1.8%103,655 100.0%
Liquor Profits 424,360 425,027 420,397 (3,963) ‐0.9% (4,631) ‐1.1%
Liquor Excise Tax 285,257 249,099 300,478 15,220 5.3% 51,378 20.6%
Fuel Tax 694,573 859,385 906,049 211,476 30.5% 46,663 5.4%
YTD Total 1,746,058$ 1,755,886$ 1,972,223$ 226,165$ 13.0%216,337$ 12.3%
2020 vs. 2019 2020 vs. Budget
2019 2020 2020
Actual Budget Actual $ % $ %
Passport Fees 13,720 28,486 8,883 (4,837) ‐35.3% (19,603) ‐68.8%
Court Services 18,544 3,734 25,419 6,874 37.1% 21,685 580.8%
General Government Services 1,005 224 446 (559) ‐55.6%221 98.6%
Public Safety Services 553,555 479,835 462,364 (91,191) ‐16.5% (17,471) ‐3.6%
Development Services 1,206,052 1,078,087 859,738 (346,315) ‐28.7% (218,349) ‐20.3%
Transportation Services 9,664 ‐ 43,079 33,415 345.8% 43,079 100.0%
Recreation/Farmer's Market/Events 499,068 312,514 189,316 (309,752) ‐62.1% (123,198) ‐39.4%
Interfund Services 2,081,155 2,543,648 2,332,852 251,698 12.1%(210,796) ‐8.3%
YTD Total 4,382,763$ 4,446,529$ 3,922,097$ (460,666)$ ‐10.5% (524,432)$ ‐11.8%
Annual Total 9,251,750$ 8,968,213$
Year to Date through June
Charges for Services by Type
Revenue
2020 vs. 2019 2020 vs. Budget
Quarterly Financial Report City of Renton, Washington 2nd Quarter 2020
Page 5 of 38
FINES AND PENALTIES
Photo Enforcement Program – Photo enforcement revenues have decreased from prior year 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 – Other miscellaneous revenues are higher than prior year and higher than the YTD budget due to the receipt of an
unbudgeted payment of $327K under the terms of the Sunset Lane Latecomer Agreement.
OTHER FINANCING SOURCES
Transfers from Other Funds – Transfers from Other Funds have increased from prior year due to a change in accounting for
tax revenues used to support General Fund management funds (Community Services, Streets, Museum).
2019 2020 2020
Actual Budget Actual $ % $ %
Civil Penalties 200,785$ 275,803$ 183,204$ (17,580)$ ‐8.8% (92,599)$ ‐33.6%
Photo Enforcement Program 1,911,604 1,507,720 1,421,892 (489,712) ‐25.6% (85,828) ‐5.7%
Criminal Traffic Misdemeanor Fines 27,769 37,067 26,754 (1,015) ‐3.7% (10,313) ‐27.8%
Criminal Non‐Traffic Fines 48,579 17,321 11,206 (37,372) ‐76.9% (6,115) ‐35.3%
Criminal Costs 41,672 17,684 38,984 (2,688) ‐6.5%21,299 120.4%
Non‐Court Fines, Forfeitures and Penalties 18,136 14,050 52,040 33,904 186.9% 37,990 270.4%
YTD Total 2,248,545$ 1,869,646$ 1,734,081$ (514,464)$ ‐22.9% (135,565)$ ‐7.3%
Annual Total 4,688,980$ 4,759,187$
Year to Date through June
Revenue
2020 vs. 2019 2020 vs. Budget
Fines and Penalties by Type
2019 2020 2020
Actual Budget Actual $ % $ %
Interest and Other Investment Earnings 655,578$ 383,725$ 560,327$ (95,251)$ ‐14.5%176,602$ 46.0%
Rents, Leases, and Concessions 879,488 799,911 413,179 (466,309) ‐53.0% (386,732) ‐48.3%
Contributions/Donations from Private Source 109,723 57,992 60,426 (49,298) ‐44.9%2,433 4.2%
Seizure Funds ‐ Federal/State/Local 43,600 ‐ ‐ (43,600) 0.0%‐ N/A
Other 166,840 134,667 453,654 286,814 171.9% 318,987 236.9%
YTD Total 1,855,228$ 1,376,295$ 1,487,586$ (367,642)$ ‐19.8%111,291$ 8.1%
Annual Total 3,762,854$ 2,796,165$
Miscellaneous by Type
Year to Date through June
Revenue
2020 vs. 2019 2020 vs. Budget
2019 2020 2020
Actual Budget Actual $ % $ %
Transfers from Other Funds 94,399$ 8,633,324$ 8,633,324$ 8,538,926 9045.6%‐ 0.0%
Prior Period Adjustment 17 ‐ ‐ (17) 0.0%‐ N/A
Insurance Recoveries 5,221 ‐ ‐ (5,221) 0.0%‐ N/A
Sale of Capital Assets ‐ ‐ 18,100 18,100 100.0% 18,100 100.0%
YTD Total 99,637$ 8,633,324$ 8,651,424$ 8,551,788$ 8583.0% 18,100$ 0.2%
Annual Total 13,137,402$ 21,551,170$
Year to Date through June
Other Financing Sources by Type
Revenue
2020 vs. 2019 2020 vs. Budget
Quarterly Financial Report City of Renton, Washington 2nd Quarter 2020
Page 6 of 38
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. All variances are shown in a
favorable (unfavorable) format.
COUNCIL
EXECUTIVE
EMERGENCY MANAGEMENT
Supplies – Supplies expenditures in excess of prior year and YTD budget are the result of COVID‐19. The majority, if not all,
of these costs will be reimbursed through the CARES Act grant which will be included in the year‐end budget adjustment.
CITY ATTORNEY
Council 2019
Summary of Uses YTD Actual Annual Budget YTD Budget YTD Actual $%$%
Personnel 146,945$ 337,867$ 170,628$ 160,571$ (13,626)$ ‐9.3%10,057$ 5.9%
Supplies 606 1,400 418 778 (172) ‐28.3% (360) ‐86.3%
Contracted Services 11,557 23,316 17,476 18,605 (7,049) ‐61.0% (1,130) ‐6.5%
Capital Outlay ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Debt Service ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Internal Services 27,185 58,341 29,169 31,073 (3,888) ‐14.3% (1,904) ‐6.5%
Transfers Out ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Total Expenditures 186,293$ 420,924$ 217,690$ 211,027$ (24,734)$ ‐13.3%6,663$ 3.1%
2020 2020 vs. 2019 2020 vs. Budget
Executive 2019
Summary of Uses YTD Actual Annual Budget YTD Budget YTD Actual $%$%
Personnel 438,864$ 899,204$ 441,934$ 438,691$ 174$ 0.0% 3,243$ 0.7%
Supplies 4,332 8,100 3,316 1,319 3,012 69.5% 1,997 60.2%
Contracted Services 561,633 1,366,407 651,946 630,475 (68,842) ‐12.3%21,472 3.3%
Capital Outlay ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Debt Service ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Internal Services 224,470 288,355 144,174 231,281 (6,811) ‐3.0% (87,108) ‐60.4%
Transfers Out ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Total Expenditures 1,229,299$ 2,562,066$ 1,241,370$ 1,301,766$ (72,467)$ ‐5.9% (60,396)$ ‐4.9%
2020 2020 vs. 2019 2020 vs. Budget
Emergency Management 2019
Summary of Uses YTD Actual Annual Budget YTD Budget YTD Actual $%$%
Personnel 196,166$ 486,384$ 233,486$ 237,216$ (41,050)$ ‐20.9% (3,729)$ ‐1.6%
Supplies 196 28,500 5,248 105,794 (105,598) ‐53871.0% (100,546) ‐1916.0%
Contracted Services 8,962 11,361 4,644 84,108 (75,146) ‐838.5% (79,464) ‐1711.3%
Capital Outlay ‐ 18,438 ‐ ‐ ‐ 0.0%‐ 0.0%
Debt Service ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Internal Services 77,166 185,268 92,072 107,237 (30,071) ‐39.0% (15,165) ‐16.5%
Transfers Out ‐ ‐ ‐ 694 (694) 100.0%(694) 100.0%
Total Expenditures 282,489$ 729,951$ 335,449$ 535,049$ (252,559)$ ‐89.4% (199,599)$ ‐59.5%
2020 vs. Budget20202020 vs. 2019
City Attorney 2019
Summary of Uses YTD Actual Annual Budget YTD Budget YTD Actual $%$%
Personnel 1,039,034$ 2,193,925$ 1,079,491$ 1,043,840$ (4,806)$ ‐0.5%35,651$ 3.3%
Supplies 348 3,550 974 853 (505) ‐145.4%121 12.4%
Contracted Services 13,481 41,465 16,124 9,463 4,018 29.8% 6,662 41.3%
Capital Outlay ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Debt Service ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Internal Services 92,133 182,481 91,236 102,721 (10,588) ‐11.5% (11,485) ‐12.6%
Transfers Out 4,150 ‐ ‐ ‐ 4,150 100.0%‐ 0.0%
Total Expenditures 1,149,146$ 2,421,421$ 1,187,825$ 1,156,877$ (7,731)$ ‐0.7%30,948$ 2.6%
2020 vs. 2019 2020 vs. Budget2020
Quarterly Financial Report City of Renton, Washington 2nd Quarter 2020
Page 7 of 38
COURT SERVICES
Personnel ‐ The amount of Court Services personnel expenditures under the YTD budget is due to open positions.
COMMUNITY AND ECONOMIC DEVELOPMENT ADMIN
Transfers Out – Transfers out in excess of prior year are the result of a change in the accounting for expenditures associated
with the Renton Municipal Arts Commission. In prior years, the Arts Commission operating budget was accounted for within
the Economic Development division’s budget, while the capital budget was accounted for within the Municipal Arts Fund, a
special revenue fund. In 2019 the decision was made to account for all Arts Commission expenditures within the Municipal
Arts Fund. The General Fund transfer to the Municipal Arts Fund is being recorded in the CED Admin accounts.
DEVELOPMENT SERVICES
Personnel – The increase in personnel costs over the prior year is due to COLA’s, reclassifications, and the addition of a
building inspector/combination position.
ECONOMIC DEVELOPMENT
Court Services 2019
Summary of Uses YTD Actual Annual Budget YTD Budget YTD Actual $%$%
Personnel 886,120$ 2,203,800$ 1,108,579$ 985,231$ (99,111)$ ‐11.2%123,348$ 11.1%
Supplies 1,531 7,700 2,068 1,044 487 31.8% 1,024 49.5%
Contracted Services 64,205 106,856 51,114 48,531 15,673 24.4% 2,583 5.1%
Capital Outlay ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Debt Service ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Internal Services 229,300 388,339 194,172 238,758 (9,458) ‐4.1% (44,586) ‐23.0%
Transfers Out ‐ ‐ ‐ 1,954 (1,954) 100.0%(1,954) 100.0%
Total Expenditures 1,181,156$ 2,706,695$ 1,355,932$ 1,275,518$ (94,362)$ ‐8.0%80,414$ 5.9%
2020 2020 vs. Budget2020 vs. 2019
Community and Eco Dvlpmnt Admin 2019
Summary of Uses YTD Actual Annual Budget YTD Budget YTD Actual $%$%
Personnel 184,865$ 389,402$ 195,084$ 194,204$ (9,338)$ ‐5.1%880$ 0.5%
Supplies ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Contracted Services 440 850 ‐ 275 165 37.5%(275) 100.0%
Capital Outlay ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Debt Service ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Internal Services 525,232 989,334 494,668 559,860 (34,628) ‐6.6% (65,192) ‐13.2%
Transfers Out 4,217 181,140 181,140 183,860 (179,643) ‐4260.2% (2,720) ‐1.5%
Total Expenditures 714,754$ 1,560,726$ 870,891$ 938,198$ (223,444)$ ‐31.3% (67,307)$ ‐7.7%
2020 2020 vs. Budget2020 vs. 2019
Development Services 2019
Summary of Uses YTD Actual Annual Budget YTD Budget YTD Actual $%$%
Personnel 1,033,017$ 2,420,783$ 1,175,594$ 1,179,720$ (146,703)$ ‐14.2% (4,126)$ ‐0.4%
Supplies 2,008 7,525 3,469 1,222 786 39.1% 2,247 64.8%
Contracted Services 51,757 112,912 47,841 55,231 (3,474) ‐6.7% (7,390) ‐15.4%
Capital Outlay ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Debt Service ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Internal Services 31,286 58,814 29,407 32,739 (1,453) ‐4.6% (3,332) ‐11.3%
Transfers Out ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Total Expenditures 1,118,068$ 2,600,034$ 1,256,311$ 1,268,912$ (150,844)$ ‐13.5% (12,601)$ ‐1.0%
2020 2020 vs. Budget2020 vs. 2019
Economic Development 2019
Summary of Uses YTD Actual Annual Budget YTD Budget YTD Actual $%$%
Personnel 315,838$ 940,340$ 453,062$ 433,170$ (117,332)$ ‐37.1%19,892$ 4.4%
Supplies 569 62,250 11,000 778 (209) ‐36.8%10,222 92.9%
Contracted Services 105,151 1,957,529 619,259 279,932 (174,781) ‐166.2%339,327 54.8%
Capital Outlay 13,679 982,274 95,034 95,071 (81,392) ‐595.0% (37) 0.0%
Debt Service ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Internal Services ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Transfers Out ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Total Expenditures 435,237$ 3,942,393$ 1,178,354$ 808,950$ (373,713)$ ‐85.9%369,404$ 31.3%
2020 vs. 2019 2020 vs. Budget2020
Quarterly Financial Report City of Renton, Washington 2nd Quarter 2020
Page 8 of 38
Personnel ‐ The increase in personnel costs over the prior year is due to COLA’s, reclassifications, and the filling of the Housing
Programs Manager position that was vacant for most of 2019.
Contracted Services ‐ The amount of 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. The amount of contracted services expenditures under the YTD budget is due to grants awarded to support low income
housing and other charitable construction projects that have not been paid out yet. These grants are subject to certain
performance measures being met by the grantee prior to the payment of the grant award.
PLANNING
Personnel – The increase in personnel costs over the prior year is due to COLA’s, reclassifications, and the filling of a
construction inspector position that was vacant in 2019.
FINANCE
Personnel ‐ The amount of Finance personnel expenditures under the YTD budget is due to open positions.
CITY CLERK
Planning 2019
Summary of Uses YTD Actual Annual Budget YTD Budget YTD Actual $%$%
Personnel 1,837,518$ 4,047,047$ 2,004,425$ 1,952,987$ (115,469)$ ‐6.3%51,438$ 2.6%
Supplies 4,745 (15,025) (6,022) 1,876 2,868 60.5%(7,898) 131.2%
Contracted Services 43,614 249,492 83,741 49,430 (5,816) ‐13.3%34,311 41.0%
Capital Outlay ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Debt Service ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Internal Services 16,640 31,724 15,861 17,410 (770) ‐4.6% (1,549) ‐9.8%
Transfers Out ‐ 57,700 ‐ ‐ ‐ 0.0%‐ 0.0%
Total Expenditures 1,902,517$ 4,370,938$ 2,098,004$ 2,021,703$ (119,186)$ ‐6.3%76,302$ 3.6%
2020 vs. 2019 2020 vs. Budget2020
Finance 2019
Summary of Uses YTD Actual Annual Budget YTD Budget YTD Actual $%$%
Personnel 1,010,852$ 2,288,635$ 1,162,048$ 989,942$ 20,910$ 2.1% 172,106$ 14.8%
Supplies 1,667 11,500 4,537 884 783 47.0% 3,653 80.5%
Contracted Services 267,768 1,028,521 275,088 268,689 (921) ‐0.3%6,399 2.3%
Capital Outlay ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Debt Service ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Internal Services 198,683 380,345 190,178 219,432 (20,749) ‐10.4% (29,253) ‐15.4%
Transfers Out ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Total Expenditures 1,478,970$ 3,709,001$ 1,631,851$ 1,478,946$ 24$ 0.0% 152,905$ 9.4%
2020 vs. 2019 2020 vs. Budget2020
City Clerk 2019
Summary of Uses YTD Actual Annual Budget YTD Budget YTD Actual $%$%
Personnel 377,555$ 723,688$ 363,249$ 368,364$ 9,191$ 2.4%(5,115)$ ‐1.4%
Supplies 1,220 4,094 1,506 838 382 31.3% 668 44.4%
Contracted Services 266,279 288,739 233,617 245,553 20,725 7.8%(11,936) ‐5.1%
Capital Outlay ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Debt Service ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Internal Services 84,908 159,402 79,700 95,565 (10,657) ‐12.6% (15,865) ‐19.9%
Transfers Out ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Total Expenditures 729,962$ 1,175,923$ 678,073$ 710,321$ 19,641$ 2.7%(32,248)$ ‐4.8%
2020 vs. 2019 2020 vs. Budget2020
Quarterly Financial Report City of Renton, Washington 2nd Quarter 2020
Page 9 of 38
HUMAN RESOURCES
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 and associated benefits.
Contracted Services – The amount of contracted services over the YTD budget is due to the timing of dispatch services
payments. This timing difference will correct itself by the end of the year.
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. The amount of internal service charges in excess of
the YTD budget is due to adjustments made to the budget in response to COVID‐19. The internal service fund charges will be
adjusted to budget in July.
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.
Human Resources 2019
Summary of Uses YTD Actual Annual Budget YTD Budget YTD Actual $%$%
Personnel 496,947$ 1,153,163$ 563,411$ 554,362$ (57,415)$ ‐11.6%9,049$ 1.6%
Supplies 3,646 8,828 2,521 2,031 1,615 44.3% 490 19.4%
Contracted Services 54,613 130,663 60,527 27,809 26,804 49.1% 32,718 54.1%
Capital Outlay ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Debt Service ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Internal Services 133,755 237,613 118,805 140,777 (7,022) ‐5.2% (21,972) ‐18.5%
Transfers Out 2,998 ‐ ‐ ‐ 2,998 100.0%‐ 0.0%
Total Expenditures 691,958$ 1,530,267$ 745,264$ 724,979$ (33,021)$ ‐4.8%20,285$ 2.7%
2020 vs. 2019 2020 vs. Budget2020
Police 2019
Summary of Uses YTD Actual Annual Budget YTD Budget YTD Actual $%$%
Personnel 12,342,873$ 25,242,403$ 12,516,228$ 12,862,225$ (519,352)$ ‐4.2% (345,997)$ ‐2.8%
Supplies 260,941 421,156 170,692 164,548 96,393 36.9% 6,144 3.6%
Contracted Services 2,189,738 4,921,508 2,127,750 2,246,766 (57,029) ‐2.6% (119,016) ‐5.6%
Capital Outlay ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Debt Service ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Internal Services 2,478,676 4,646,155 2,309,464 2,692,169 (213,493) ‐8.6% (382,705) ‐16.6%
Transfers Out 15,216 846,143 797,113 797,113 (781,897) ‐5138.8%‐ 0.0%
Total Expenditures 17,287,443$ 36,077,366$ 17,921,247$ 18,762,821$ (1,475,378)$ ‐8.5% (841,574)$ ‐4.7%
2020 2020 vs. Budget2020 vs. 2019
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 2,883,025 6,518,024 3,259,504 2,354,207 528,818 18.3% 905,298 27.8%
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 2,883,025$ 6,518,024$ 3,259,504$ 2,354,207$ 528,818$ 18.3% 905,298$ 27.8%
2020 vs. 2019 2020 vs. Budget2020
Quarterly Financial Report City of Renton, Washington 2nd Quarter 2020
Page 10 of 38
COMMUNITY SERVICES ADMIN
PARKS AND TRAILS
Internal Services – Increased internal service fund charges are a result of additional M&O charges and replacement reserve
payments associated with added vehicles. The amount of internal service charges in excess of the YTD budget is due to
adjustments made to the budget in response to COVID‐19. The internal service fund charges will be adjusted to budget in
July.
PARKS PLANNING AND NATURAL RESOURCES
Personnel – The increase in personnel costs over the prior year is due to filling a capital project coordinator position that was
vacant in 2019. The amount of personnel costs under the YTD budget is due to a remaining vacant capital project coordinator
position.
Contracted Services – The increase in contracted services costs over the prior year is due to tree maintenance.
RECREATION AND NEIGHBORHOODS
Community Services Admin 2019
Summary of Uses YTD Actual Annual Budget YTD Budget YTD Actual $%$%
Personnel 236,236$ 550,053$ 270,026$ 273,352$ (37,115)$ ‐15.7% (3,326)$ ‐1.2%
Supplies 7,200 25,184 11,820 1,319 5,881 81.7% 10,501 88.8%
Contracted Services 280,535 657,083 304,984 241,881 38,654 13.8% 63,103 20.7%
Capital Outlay ‐ ‐ ‐ 27,188 (27,188) 100.0%(27,188) 100.0%
Debt Service ‐ 175,000 ‐ ‐ ‐ 0.0%‐ 0.0%
Internal Services 72,862 126,685 62,533 76,756 (3,894) ‐5.3% (14,223) ‐22.7%
Transfers Out 11,502 ‐ ‐ 616 10,886 94.6%(616) 100.0%
Total Expenditures 608,336$ 1,534,005$ 649,362$ 621,111$ (12,775)$ ‐2.1%28,251$ 4.4%
2020 2020 vs. 2019 2020 vs. Budget
Parks & Trails 2019
Summary of Uses YTD Actual Annual Budget YTD Budget YTD Actual $%$%
Personnel 1,469,413$ 3,014,187$ 1,425,416$ 1,440,342$ 29,070$ 2.0%(14,926)$ ‐1.0%
Supplies 121,883 200,434 105,130 70,060 51,823 42.5% 35,070 33.4%
Contracted Services 229,639 697,451 223,539 185,807 43,832 19.1% 37,733 16.9%
Capital Outlay ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Debt Service ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Internal Services 613,455 1,190,944 591,488 718,578 (105,123) ‐17.1% (127,090) ‐21.5%
Transfers Out ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Total Expenditures 2,434,389$ 5,103,016$ 2,345,573$ 2,414,786$ 19,603$ 0.8%(69,214)$ ‐3.0%
2020 vs. 2019 2020 vs. Budget2020
Parks Planning & Natural Resources 2019
Summary of Uses YTD Actual Annual Budget YTD Budget YTD Actual $%$%
Personnel 344,373$ 1,157,416$ 575,267$ 451,746$ (107,373)$ ‐31.2%123,521$ 21.5%
Supplies 766 4,827 1,181 162 605 78.9% 1,019 86.3%
Contracted Services 310,457 1,207,061 450,108 423,756 (113,299) ‐36.5%26,351 5.9%
Capital Outlay ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Debt Service ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Internal Services 19,761 45,488 22,744 24,738 (4,977) ‐25.2% (1,995) ‐8.8%
Transfers Out ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Total Expenditures 675,357$ 2,414,791$ 1,049,299$ 900,403$ (225,045)$ ‐33.3%148,897$ 14.2%
2020 vs. 2019 2020 vs. Budget2020
Recreation & Neighborhoods 2019
Summary of Uses YTD Actual Annual Budget YTD Budget YTD Actual $%$%
Personnel 1,489,577$ 2,734,261$ 1,106,706$ 1,363,211$ 126,366$ 8.5%(256,506)$ ‐23.2%
Supplies 115,774 288,019 118,991 48,240 67,534 58.3% 70,751 59.5%
Contracted Services 207,661 406,708 136,435 114,974 92,687 44.6% 21,460 15.7%
Capital Outlay ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Debt Service ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Internal Services 914,131 1,447,735 725,291 948,722 (34,591) ‐3.8% (223,431) ‐30.8%
Transfers Out 96,517 3,000 1,500 ‐ 96,517 100.0% 1,500 100.0%
Total Expenditures 2,823,661$ 4,879,722$ 2,088,922$ 2,475,148$ 348,513$ 12.3%(386,226)$ ‐18.5%
2020 vs. 2019 2020 vs. Budget2020
Quarterly Financial Report City of Renton, Washington 2nd Quarter 2020
Page 11 of 38
Personnel – The decrease in personnel costs from the prior year is the result of recreation facility closures related to COVID‐
19. The amount of personnel costs over the YTD budget is due to timing differences on the payment of part‐time staffing.
The YTD budget assumes the budget is spread over the same distribution pattern as the prior 2 years, however, the remaining
part‐time staffing budget was removed as part of the COVID‐19 budget cuts approved with the 2nd quarter budget adjustment.
This timing difference will correct itself by the end of the year.
Internal Services ‐ The amount of internal service charges in excess of the YTD budget is due to adjustments made to the
budget in response to COVID‐19. The internal service fund charges will be adjusted to budget in July.
HUMAN SERVICES
MUSEUM
PUBLIC WORKS ADMIN
STREET MAINTENANCE
Internal Services – Increased internal service fund charges are a result of additional M&O charges and replacement reserve
payments associated with added large equipment.
Human Services 2019
Summary of Uses YTD Actual Annual Budget YTD Budget YTD Actual $%$%
Personnel 285,789$ 703,400$ 349,202$ 306,460$ (20,671)$ ‐7.2%42,742$ 12.2%
Supplies 6,495 15,650 7,527 2,532 3,963 61.0% 4,995 66.4%
Contracted Services 270,953 836,343 303,672 291,176 (20,223) ‐7.5%12,496 4.1%
Capital Outlay ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Debt Service ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Internal Services 54,335 89,123 44,564 59,538 (5,203) ‐9.6% (14,975) ‐33.6%
Transfers Out ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Total Expenditures 617,572$ 1,644,515$ 704,965$ 659,706$ (42,134)$ ‐6.8%45,259$ 6.4%
2020 vs. 20192020 2020 vs. Budget
Museum 2019
Summary of Uses YTD Actual Annual Budget YTD Budget YTD Actual $%$%
Personnel 72,593$ 134,675$ 67,778$ 69,911$ 2,682$ 3.7%(2,133)$ ‐3.1%
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 55,120 90,520 45,256 59,511 (4,391) ‐8.0% (14,255) ‐31.5%
Transfers Out ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Total Expenditures 127,713$ 225,195$ 113,034$ 129,422$ (1,709)$ ‐1.3% (16,388)$ ‐14.5%
2020 vs. 20192020 2020 vs. Budget
Public Works Admin 2019
Summary of Uses YTD Actual Annual Budget YTD Budget YTD Actual $%$%
Personnel 178,003$ 374,676$ 188,894$ 121,576$ 56,427$ 31.7% 67,318$ 35.6%
Supplies 68 800 134 438 (370) ‐540.4% (304) ‐228.0%
Contracted Services 94 1,650 597 26,700 (26,606) ‐28262.0% (26,103) ‐4375.3%
Capital Outlay ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Debt Service ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Internal Services 34,790 65,423 32,711 54,785 (19,995) ‐57.5% (22,074) ‐67.5%
Transfers Out ‐ ‐ ‐ 1,137 (1,137) 100.0%(1,137) 100.0%
Total Expenditures 212,956$ 442,549$ 222,335$ 204,636$ 8,320$ 3.9% 17,700$ 8.0%
2020 vs. 20192020 2020 vs. Budget
Street Maintenance 2019
Summary of Uses YTD Actual Annual Budget YTD Budget YTD Actual $%$%
Personnel 1,364,836$ 3,030,489$ 1,482,320$ 1,452,573$ (87,736)$ ‐6.4%29,747$ 2.0%
Supplies 169,522 279,798 159,228 159,125 10,397 6.1% 103 0.1%
Contracted Services 503,449 1,133,781 531,178 495,119 8,330 1.7% 36,059 6.8%
Capital Outlay ‐ 5,200 ‐ ‐ ‐ 0.0%‐ 0.0%
Debt Service ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Internal Services 793,878 1,142,386 646,069 685,962 107,917 13.6%(39,892) ‐6.2%
Transfers Out ‐ ‐ ‐ 4,811 (4,811) 100.0%(4,811) 100.0%
Total Expenditures 2,831,686$ 5,591,654$ 2,818,796$ 2,797,589$ 34,098$ 1.2% 21,207$ 0.8%
2020 vs. 20192020 2020 vs. Budget
Quarterly Financial Report City of Renton, Washington 2nd Quarter 2020
Page 12 of 38
TRANSPORTATION
Personnel – The 14.1% increase in salaries and benefits is due to two vacant positions in 2019 that are filled in 2020.
NON‐DEPARTMENTAL AND OTHER
Personnel ‐ The amount of personnel expenditures under the prior year and YTD budget is due to savings from expected
employee separation payments.
Transfers Out – Transfers Out have increased from prior year due to a change in accounting for tax revenues used to support
General Fund management funds (Community Services, Streets, Museum). In the past, these tax revenues were allocated
among the various management funds of the General Fund. Now, 100% of tax revenues are recognized in the General Fund
(000) with transfers to the Community Services Fund (001), the Street Fund (003), and the Museum Fund (005). For budgetary
purposes the transfer in and transfer out amounts are reflected in the General Fund revenues and expenditures. Transfers
between the General Fund and its management funds are eliminated for reporting in the City’s Comprehensive Annual
Financial Report (CAFR).
Transportation 2019
Summary of Uses YTD Actual Annual Budget YTD Budget YTD Actual $%$%
Personnel 1,929,371$ 4,487,507$ 2,137,403$ 2,173,365$ (243,994)$ ‐12.6% (35,962)$ ‐1.7%
Supplies 122,549 223,252 105,912 101,330 21,219 17.3% 4,582 4.3%
Contracted Services 479,068 945,974 486,483 473,237 5,831 1.2% 13,246 2.7%
Capital Outlay ‐ ‐ ‐ 13,818 (13,818) 100.0%(13,818) 100.0%
Debt Service ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Internal Services 364,740 642,453 321,415 362,186 2,554 0.7%(40,771) ‐12.7%
Transfers Out 4,136 760,000 ‐ ‐ 4,136 100.0%‐ 0.0%
Total Expenditures 2,899,864$ 7,059,187$ 3,051,214$ 3,123,937$ (224,073)$ ‐7.7% (72,723)$ ‐2.4%
2020 vs. Budget2020 vs. 20192020
Non‐Departmentsl and Other 2019
Summary of Uses YTD Actual Annual Budget YTD Budget YTD Actual $%$%
Personnel 1,457,783$ 2,407,200$ 1,229,295$ 1,056,419$ 401,364$ 27.5% 172,877$ 14.1%
Supplies ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Contracted Services 105,800 169,651 105,369 100,564 5,237 4.9% 4,806 4.6%
Capital Outlay ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Debt Service ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Internal Services 7,916 18,828 9,415 9,414 (1,498) ‐18.9%1 0.0%
Transfers Out ‐ 22,343,484 8,344,376 8,344,376 (8,344,376) 100.0%‐ 0.0%
Total Expenditures 1,571,499$ 24,939,163$ 9,688,457$ 9,510,773$ (7,939,274)$ ‐505.2%177,684$ 1.8%
2020 vs. 20192020 2020 vs. Budget
Quarterly Financial Report City of Renton, Washington 2nd Quarter 2020
Page 13 of 38
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.
2019 2020 2020 YTD
YTD ACTUAL ANNUAL BUDGET YTD ACTUAL PRIOR YEAR BUDGET % BUDGET
REVENUES:
Taxes 3,424,403$ ‐$ ‐$ (3,424,403)$ ‐$ N/A
Grants / intergovernmental 63,526 56,930 28,678 (34,848) (28,252) 50.37%
Charges for services 186,030 386,827 193,414 7,384 (193,413) 50.00%
Investment Earnings 20,215 ‐ 22,001 1,786 22,001 N/A
TOTAL REVENUES 3,694,174 443,757 244,093 (3,450,081) (199,664) 55.01%
EXPENDITURES:
Principal 175,436 5,405,922 181,622 (6,186) 5,224,300 3.36%
Interest 537,898 1,756,464 876,071 (338,173) 880,393 49.88%
TOTAL EXPENDITURES 713,334 7,162,386 1,057,693 (344,359) 6,104,693 14.77%
TRANSFERS IN ‐ 7,699,250 ‐ ‐ (7,699,250) 0.00%
NET TRANSFERS ‐ 7,699,250 ‐ ‐ (7,699,250) 0.00%
CHANGE IN FUND BALANCE 2,980,839 980,621 (813,600) (3,794,439) (1,794,221) ‐82.97%
BEGINNING FUND BALANCE, Jan 1 2,307,173 3,999,457 3,999,457 1,692,284 ‐ 100.00%
ENDING FUND BALANCE, Jun 30 5,288,012$ 4,980,078$ 3,185,857$ (2,102,155)$ (1,794,221)$ 63.97%
VARIANCE
FAVORABLE (UNFAVORABLE)
GENERAL GOVERNMENTAL MISCELLANEOUS DEBT
Quarterly Financial Report City of Renton, Washington 2nd Quarter 2020
Page 14 of 38
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.
2019 2020 2020 YTD
YTD ACTUAL ANNUAL BUDGET YTD ACTUAL PRIOR YEAR BUDGET % BUDGET
REVENUES:
Taxes 201,659$ 200,000$ 140,524$ (61,135)$ (59,476)$ 70.26%
Contributions 16,000 ‐ ‐ (16,000) ‐ N/A
Investment Earnings 5,621 ‐ 5,070 (551) 5,070 N/A
TOTAL REVENUES 223,280 200,000 145,594 (77,686) (54,406) 72.80%
EXPENDITURES:
Contracted Services 135,103 429,062 104,381 30,722 324,681 24.33%
TOTAL EXPENDITURES 135,103 429,062 104,381 30,722 324,681 24.33%
NET TRANSFERS ‐ (37,500) ‐ ‐ ‐ N/A
CHANGE IN FUND BALANCE 88,177 (266,562) 41,213 (46,964) 307,775 ‐15.46%
BEGINNING FUND BALANCE, Jan 1 722,387 943,889 943,889 221,502 ‐ 130.66%
ENDING FUND BALANCE, Jun 30 810,564$ 677,327$ 985,102$ 174,538$ 307,775$ 121.53%
VARIANCE
FAVORABLE (UNFAVORABLE)
HOTEL/MOTEL
2019 2020 2020 YTD
YTD ACTUAL ANNUAL BUDGET YTD ACTUAL PRIOR YEAR BUDGET % BUDGET
REVENUES:
Investment Earnings 683$ ‐$ 670$ (13)$ 670$ N/A
TOTAL REVENUES 683 ‐ 670 (13) 670 N/A
EXPENDITURES:
Supplies ‐ 200 290 (290) (90) 145.00%
Contracted Services ‐ 183,460 15,869 (15,869) 167,591 8.65%
Capital Outlay 50,683 88,130 ‐ 50,683 88,130 0.00%
TOTAL EXPENDITURES 50,683 271,790 16,159 34,524 255,631 5.95%
TRANSFERS IN ‐ 180,660 180,660 180,660 (0) 100.00%
NET TRANSFERS ‐ 180,660 180,660 180,660 ‐ 100.00%
CHANGE IN FUND BALANCE (50,000) (91,130) 165,171 215,171 256,301 ‐181.25%
BEGINNING FUND BALANCE, Jan 1 119,446 98,865 98,865 (20,581) ‐ 100.00%
ENDING FUND BALANCE, Jun 30 69,446$ 7,735$ 264,036$ 194,590$ 256,301$ 3413.52%
MUNICIPAL ART
VARIANCE
FAVORABLE (UNFAVORABLE)
Quarterly Financial Report City of Renton, Washington 2nd Quarter 2020
Page 15 of 38
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)$ ‐$ N/A
Licenses and permits 42,849 57,674 41,132 (1,717) (16,542) 71.32%
Investment Earnings 3,947 ‐ 3,182 (765) 3,182 N/A
TOTAL REVENUES 86,796 57,674 44,314 (42,482) (13,360) 76.84%
EXPENDITURES:
Personnel 9,314 ‐ ‐ (9,314) ‐ N/A
Supplies ‐ 6,302 ‐ ‐ 6,302 0.00%
Contracted Services 15,040 51,372 17,100 2,060 34,272 33.29%
Capital Outlay ‐ 40,000 ‐ ‐ 40,000 0.00%
TOTAL EXPENDITURES 24,354 97,674 17,100 (7,254) 80,574 17.51%
NET TRANSFERS ‐ 40,000 ‐ ‐ ‐ 0.00%
CHANGE IN FUND BALANCE 62,442 ‐ 27,214 (35,228) 27,214 N/A
BEGINNING FUND BALANCE, Jan 1 529,159 603,760 603,760 74,601 ‐ 100.00%
ENDING FUND BALANCE, Jun 30 591,601$ 603,760$ 630,974$ 39,373$ 27,214$ 104.51%
CABLE COMMUNICATIONS
VARIANCE
FAVORABLE (UNFAVORABLE)
2019 2020 2020 YTD
YTD ACTUAL ANNUAL BUDGET YTD ACTUAL PRIOR YEAR BUDGET % BUDGET
REVENUES:
Investment Earnings 2,282$ ‐$ 1,778$ (504)$ 1,778$ N/A
TOTAL REVENUES 2,282 ‐ 1,778 (503) 1,778 N/A
TOTAL EXPENDITURES ‐ ‐ ‐ ‐ ‐ N/A
NET TRANSFERS ‐ ‐ ‐ ‐ ‐ N/A
CHANGE IN FUND BALANCE 2,282 ‐ 1,778 (503) 1,778 N/A
BEGINNING FUND BALANCE, Jan 1 340,895 345,658 345,658 4,763 ‐ 100.00%
ENDING FUND BALANCE, Jun 30 343,177$ 345,658$ 347,436$ 4,259$ 1,778$ 100.51%
SPRINGBROOK WETLANDS
VARIANCE
FAVORABLE (UNFAVORABLE)
Quarterly Financial Report City of Renton, Washington 2nd Quarter 2020
Page 16 of 38
Police Seizure Fund
The Police Seizure Fund was established in 2020 for the purpose of providing transparency in the accounting for assets seized
by Police in accordance with RCW 9A.83.030 and 69.50.505, previously accounted for within the General Fund. These seizure
funds are restricted to use exclusively for the expansion and improvement of controlled substances related law enforcement
activity.
Police CSAM Seizure Fund
The Police CSAM Seizure Fund was established in 2020 for the purpose of providing transparency in the accounting for assets
seized by Police in accordance with RCW 9A.88.150, previously accounted for within the General Fund. These seizure funds
are restricted to the exclusive use of enforcing the provisions of chapter 9A.88 RCW, Indecent Exposure‐Prostitution, or
chapter 9.68A RCW, Sexual Exploitation of Children.
2019 2020 2020 YTD
YTD ACTUAL ANNUAL BUDGET YTD ACTUAL PRIOR YEAR BUDGET % BUDGET
REVENUES:
Investment Earnings ‐$ ‐$ 704$ 704$ 704$ N/A
TOTAL REVENUES ‐ ‐ 704 704 704 N/A
EXPENDITURES:
Supplies ‐ 711,102 ‐ ‐ (711,102) 0.00%
Contracted Services ‐ ‐ 862 862 862 N/A
TOTAL EXPENDITURES ‐ 711,102 862 862 710,240 0.12%
TRANSFERS IN ‐ 711,102 671,102 671,102 ‐ 94.37%
NET TRANSFERS ‐ 711,102 671,102 671,102 (40,000) 94.37%
CHANGE IN FUND BALANCE ‐ ‐ 670,944 670,944 670,944 N/A
BEGINNING FUND BALANCE, Jan 1 ‐ ‐ ‐ ‐ ‐ N/A
ENDING FUND BALANCE, Jun 30 ‐$ ‐$ 670,944$ 670,944$ 670,944$ N/A
POLICE SEIZURE
VARIANCE
FAVORABLE (UNFAVORABLE)
2019 2020 2020 YTD
YTD ACTUAL ANNUAL BUDGET YTD ACTUAL PRIOR YEAR BUDGET % BUDGET
REVENUES:
Investment Earnings ‐$ ‐$ 132$ 132$ 132$ N/A
TOTAL REVENUES ‐ ‐ 132 132 132 N/A
TOTAL EXPENDITURES ‐ ‐ ‐ ‐ ‐ N/A
TRANSFERS IN ‐ 126,011 126,011 126,011 ‐ 100.00%
NET TRANSFERS ‐ 126,011 126,011 126,011 ‐ 100.00%
CHANGE IN FUND BALANCE ‐ 126,011 126,143 126,143 132 100.10%
BEGINNING FUND BALANCE, Jan 1 ‐ ‐ ‐ ‐ ‐ N/A
ENDING FUND BALANCE, Jun 30 ‐$ 126,011$ 126,143$ 126,143$ 132$ 100.10%
POLICE CSAM SEIZURE
VARIANCE
FAVORABLE (UNFAVORABLE)
Quarterly Financial Report City of Renton, Washington 2nd Quarter 2020
Page 17 of 38
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.
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.
2019 2020 2020 YTD
YTD ACTUAL ANNUAL BUDGET YTD ACTUAL PRIOR YEAR BUDGET % BUDGET
REVENUES:
Charges for services 194,502$ 86,500$ 334,963$ 140,461$ 248,463$ 387.24%
Investment Earnings 18,579 ‐ 10,872 (7,707) 10,872 N/A
TOTAL REVENUES 213,081 86,500 345,835 132,753 259,335 399.81%
TOTAL EXPENDITURES ‐ ‐ ‐ ‐ ‐ N/A
TRANSFERS OUT ‐ 945,909 ‐ ‐ 945,909 0.00%
NET TRANSFERS ‐ (945,909) ‐ ‐ 945,909 0.00%
CHANGE IN FUND BALANCE 213,081 (859,409) 345,835 132,754 1,205,244 ‐40.24%
BEGINNING FUND BALANCE, Jan 1 2,578,256 1,886,999 1,886,999 (691,257) ‐ 100.00%
ENDING FUND BALANCE, Jun 30 2,791,337$ 1,027,590$ 2,232,834$ (558,503)$ 1,205,244$ 217.29%
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 724,018$ 1,435,875$ 729,530$ 5,512$ (706,345)$ 50.81%
Investment Earnings 25,742 ‐ 17,583 (8,159) 17,583 N/A
TOTAL REVENUES 749,760 1,435,875 747,113 (2,647) (688,762) 52.03%
TOTAL EXPENDITURES ‐ ‐ ‐ ‐ ‐ N/A
TRANSFERS OUT ‐ 1,811,987 ‐ ‐ 1,811,987 0.00%
NET TRANSFERS ‐ (1,811,987) ‐ ‐ 1,811,987 0.00%
CHANGE IN FUND BALANCE 749,760 (376,112) 747,113 (2,647) 1,123,225 ‐198.64%
BEGINNING FUND BALANCE, Jan 1 3,332,524 2,942,344 2,942,344 (390,180) ‐ 100.00%
ENDING FUND BALANCE, Jun 30 4,082,284$ 2,566,232$ 3,689,457$ (392,827)$ 1,123,225$ 143.77%
TRANSPORTATION IMPACT MITIGATION
VARIANCE
FAVORABLE (UNFAVORABLE)
Quarterly Financial Report City of Renton, Washington 2nd Quarter 2020
Page 18 of 38
REET 1 Fund
This fund accounts for the first quarter percent of real estate excise tax (REET) levied in accordance with RCW 82.46.010. The
tax may be used for eligible capital projects, as defined in RCW.82.46.010(6), that are included in the capital facilities element
of the City’s comprehensive plan. REET 1 tax revenues are held in this fund and subsequently transferred to the appropriate
capital project fund when qualifying projects are budgeted.
REET 2 Fund
This fund accounts for the second quarter percent of real estate excise tax (REET) levied in accordance with RCW 82.46.035.
The tax may be used for eligible capital projects, as defined in RCW.82.46.035(5), that are included in the capital facilities
element of the City’s comprehensive plan. REET 2 tax revenues are held in this fund and subsequently transferred to the
appropriate capital project fund when qualifying projects are budgeted.
2019 2020 2020 YTD
YTD ACTUAL ANNUAL BUDGET YTD ACTUAL PRIOR YEAR BUDGET % BUDGET
REVENUES:
Taxes ‐$ 2,000,000$ 1,271,842$ 1,271,842$ (728,158)$ 63.59%
Investment Earnings ‐ ‐ 2,244 2,244 2,244 N/A
TOTAL REVENUES ‐ 2,000,000 1,274,086 1,274,086 (725,914) 63.70%
EXPENDITURES:
TOTAL EXPENDITURES ‐ ‐ ‐ ‐ ‐ N/A
TRANSFERS IN ‐ 1,143,855 1,143,855 1,143,855 ‐ 100.00%
TRANSFERS OUT ‐ 1,775,000 ‐ ‐ 1,775,000 0.00%
NET TRANSFERS ‐ (631,145) 1,143,855 1,143,855 1,775,000 ‐181.23%
CHANGE IN FUND BALANCE ‐ 1,368,855 2,417,941 2,417,941 1,049,086 176.64%
BEGINNING FUND BALANCE, Jan 1 ‐ ‐ ‐ ‐ ‐ N/A
ENDING FUND BALANCE, Jun 30 ‐$ 1,368,855$ 2,417,941$ 2,417,941$ 1,049,086$ 176.64%
REET 1
VARIANCE
FAVORABLE (UNFAVORABLE)
2019 2020 2020 YTD
YTD ACTUAL ANNUAL BUDGET YTD ACTUAL PRIOR YEAR BUDGET % BUDGET
REVENUES:
Taxes ‐$ 2,000,000$ 1,271,842$ 1,271,842$ (728,158)$ 63.59%
Investment Earnings ‐ ‐ 2,244 2,244 2,244 N/A
TOTAL REVENUES ‐ 2,000,000 1,274,086 1,274,086 (725,914) 63.70%
EXPENDITURES:
TOTAL EXPENDITURES ‐ ‐ ‐ ‐ ‐ N/A
TRANSFERS IN ‐ 1,143,855 1,143,855 1,143,855 ‐ 100.00%
TRANSFERS OUT ‐ 1,775,000 ‐ ‐ 1,775,000 0.00%
NET TRANSFERS ‐ (631,145) 1,143,855 1,143,855 1,775,000 ‐181.23%
CHANGE IN FUND BALANCE ‐ 1,368,855 2,417,941 2,417,941 1,049,086 176.64%
BEGINNING FUND BALANCE, Jan 1 ‐ ‐ ‐ ‐ ‐ N/A
ENDING FUND BALANCE, Jun 30 ‐$ 1,368,855$ 2,417,941$ 2,417,941$ 1,049,086$ 176.64%
REET 2
VARIANCE
FAVORABLE (UNFAVORABLE)
Quarterly Financial Report City of Renton, Washington 2nd Quarter 2020
Page 19 of 38
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.
A listing of project budgets and balances at June 30 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 892,303$ ‐$ ‐$ (892,303)$ ‐$ N/A
Grants / intergovernmental 331,387 3,760,752 522,438 191,051 (3,238,314) 13.89%
Charges for services 10,643 ‐ 141 (10,502) 141 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 194,563 175,910 147,100 (47,463) (28,810) 83.62%
TOTAL REVENUES 1,555,741 4,107,662 829,679 (726,062) (3,277,983) 20.20%
EXPENDITURES:
Personnel 182,004 746,459 331,597 149,593 414,862 44.42%
Supplies 78,557 878,203 ‐ (78,557) 878,203 0.00%
Contracted Services 149,518 689,441 102,974 (46,544) 586,467 14.94%
Capital Outlay 4,898,617 27,533,280 3,991,443 (907,174) 23,541,837 14.50%
TOTAL EXPENDITURES 5,308,696 29,847,383 4,426,014 (882,682) 25,421,369 14.83%
TRANSFERS IN ‐ 2,772,909 ‐ ‐ (2,772,909) 0.00%
TRANSFERS OUT 6,378 2,323,680 ‐ (6,378) 2,323,680 0.00%
NET TRANSFERS (6,378) 449,229 ‐ 6,378 (5,096,589) 0.00%
CHANGE IN FUND BALANCE (3,759,333) (25,290,492) (3,596,335) 162,998 21,694,157 14.22%
BEGINNING FUND BALANCE, Jan 1 20,675,238 26,395,567 26,395,567 5,720,329 ‐ 100.00%
ENDING FUND BALANCE, Jun 30 16,915,905$ 1,105,075$ 22,799,232$ 5,883,327$ 21,694,157$ 2063.14%
MUNICIPAL FACILITIES CIP
VARIANCE
FAVORABLE (UNFAVORABLE)
Quarterly Financial Report City of Renton, Washington 2nd Quarter 2020
Page 20 of 38
Municipal Facilities CIP Fund (continued)
PROJECT BUDGET ACTUAL BALANCE
CAPITAL PROJECT COORDINATORS 746,459$ 331,597$ 414,862$
SALE OF PARK LAND COSTS 10,000 - 10,000
SUNSET NEIGHBORHOOD PARK ART 224,100 19,850 204,250
CITY HALL ELEVATORS 2,079,704 327,282 1,752,422
SENIOR ACTIVITY CENTER - 1,641 (1,641)
CITY WIDE SECURITY SYSTEM UPGRADES 340,055 45,287 294,768
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
CITY HALL MAJOR HVAC AND FIRE COMP REPL 1,796,262 - 1,796,262
4TH FLOOR REMODEL AND POLICE TRAINING CENTER 210,371 386,508 (176,137)
BOATHOUSE 323,248 150,506 172,742
HENRY MOSES AQUATIC CENTER 88,644 - 88,644
PARKS RECREATION AND OPEN SPACE PLAN 8,730 8,730 -
REGIS PARK ATHLETIC FIELD EXPANSION 300,000 29,894 270,106
SPORT COURT IMPROVEMENTS 150,000 - 150,000
PARKING LOT AND DRIVEWAY REPAIRS 90,000 - 90,000
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 - STRUCTURAL REVIEWS & REPAIRS 579,667 94,244 485,423
SUNSET EIS PARK 4,626,344 2,081,492 2,544,852
COULON PARK STRUCTURAL IMPROVEMENTS 1,038 1,038 -
COULON PARK LIGHTING REPAIRS 34,415 - 34,415
COULON PARK TURF REPLACEMENT 124,788 - 124,788
COULON SWIM BEACH 250,000 - 250,000
LIBERTY PARK IMPROVEMENTS 1,551,852 - 1,551,852
TRANSPORTATION LANDSCAPE 90,000 - 90,000
PHILIP ARNOLD PARK IMPROVEMENTS 5,500,000 82,364 5,417,636
COULON - ROSEWALL 50,000 6,929 43,071
COULON - SHORELINE EROSION 100,000 - 100,000
KIWANIS PARK 4,200,388 100,488 4,099,900
COULON - WATERWALK 1,639,975 79,820 1,560,155
COULON - TRESTLE BRIDGE 1,542,881 40,014 1,502,867
FAWCETT PROPERTY PURCHASE ROFR 611,364 602,797 8,567
TOTAL PROJECT BALANCES 29,847,383$ 4,426,014$ 25,421,369$
MUNICIPAL FACILITIES CIP PROJECT BUDGETS AT JUNE 30, 2020
Quarterly Financial Report City of Renton, Washington 2nd Quarter 2020
Page 21 of 38
Capital Improvement Fund
This fund accounts for the City’s Transportation capital projects.
A listing of project budgets and balances at June 30 is provided on the following page.
2019 2020 2020 YTD
YTD ACTUAL ANNUAL BUDGET YTD ACTUAL PRIOR YEAR BUDGET % BUDGET
REVENUES:
Grants / intergovernmental 588,346$ 22,131,453$ 880,701$ 292,355$ (21,250,752)$ 3.98%
Charges for services ‐ 250,000 250,000 250,000 ‐ 100.00%
Fines and penalties 45,928 7,200 9,012 (36,916) 1,812 125.17%
Contributions 238,518 ‐ ‐ (238,518) ‐ N/A
Investment Earnings 53,177 70,000 96,183 43,006 26,183 137.40%
TOTAL REVENUES 925,969 22,458,653 1,235,896 309,927 (21,222,757) 5.50%
EXPENDITURES:
Personnel 239,313 56,000 53,386 (185,927) 2,614 95.33%
Supplies 32,974 ‐ 104,071 71,097 (104,071) N/A
Contracted Services 6,853 ‐ 84,351 77,498 (84,351) N/A
Capital Outlay 1,683,520 45,242,768 2,080,070 396,550 43,162,698 4.60%
TOTAL EXPENDITURES 1,962,660 45,298,768 2,321,878 359,218 42,976,890 5.13%
TRANSFERS IN ‐ 4,669,687 ‐ ‐ (4,669,687) 0.00%
NET TRANSFERS ‐ 4,669,687 ‐ ‐ (4,669,687) 0.00%
CHANGE IN FUND BALANCE (1,036,691) (18,170,428) (1,085,982) (49,291) 17,084,446 N/A
BEGINNING FUND BALANCE, Jan 1 5,492,313 18,947,853 18,947,853 13,455,540 ‐ 100.00%
ENDING FUND BALANCE, Jun 30 4,455,622$ 777,425$ 17,861,871$ 13,406,249$ 17,084,446$ 2297.57%
CAPITAL IMPROVEMENT
VARIANCE
FAVORABLE (UNFAVORABLE)
Quarterly Financial Report City of Renton, Washington 2nd Quarter 2020
Page 22 of 38
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 100,000 19,611 80,389
BRIDGE INSPECTION & REPAIR 236,916 29,181 207,735
ROADWAY SAFETY & GUARDRAIL 54,407 - 54,407
I-405/44TH GATEWAY SIGNAGE 57,700 - 57,700
RENTON CONNECTOR 1,593,294 7,735 1,585,559
STREET OVERLAY PGM 1,705,830 150,246 1,555,584
TRAFFIC SAFETY PGM 260,507 84,605 175,902
PROJ DEV & PRE-DESIGN 130,000 6,060 123,940
SO 7TH ST 135,000 - 135,000
ITS PGM 159,891 92,253 67,638
RENTON AVE EXT PRES 778,082 17,852 760,230
SW GRADY WAY PRES 7,603 7,205 398
DUVALL AVE NE PRES - 231 (231)
PARK AVE EXTENSION 7,712,602 130,154 7,582,448
RAINIER AVE S/N PHASE 4 5,689,029 497,795 5,191,234
INTERSECT SAFETY & MOBILITY 386,934 62,569 324,365
NE 31ST ST BRIDGE REPLACEMENT 251,030 1,451 249,579
N 27TH PL CULVERT SCOUR REPAIR 71,719 2,903 68,816
DUVALL AVE 7TH TO SUNSET 6,910,089 264,371 6,645,718
BARRIER FREE 85,000 5,849 79,151
SIDEWALK REHAB 100,000 - 100,000
LAKE WASHINGTON LOOP TRAIL 1,099,156 64,048 1,035,108
HIGHLANDS TO LANDING 533,310 84,076 449,234
SUNSET BLVD CORRIDOR 1,644,769 108,073 1,536,696
PRES OF TOD 245,001 90,840 154,161
WILLIAMS AVE S & WELLS AVE S CONV 10,385,423 379,360 10,006,063
ARTERIAL REHAB - SW 43RD 220,000 6,385 213,615
BRONSON BRIDGE 611,235 32,976 578,259
HOUSER WAY N BRIDGE 590,985 15,637 575,348
WILLIAMS BRIDGE 713,535 16,293 697,242
NILE BRIDGE 50,000 - 50,000
S 2ND STREET CONVERSION 1,540,750 2,643 1,538,107
HOUSER WAY INT & PED IMP 814,625 69,166 745,459
RENTON SCHOOL CROSSINGS 195,022 72,310 122,712
TOTAL PROJECT BALANCES 45,298,768$ 2,321,878$ 42,976,890$
CAPITAL IMPROVEMENT PROJECT BUDGETS AT JUNE 30, 2020
Quarterly Financial Report City of Renton, Washington 2nd Quarter 2020
Page 23 of 38
Housing Opportunity Fund
This fund was historically used to account for the Economic Development Reserve and Housing Opportunity Grants. After a
review of the fund, it was determined that the use of the fund did not qualify as a capital project fund under Generally
Accepted Accounting Principles (GAAP) and the fund has been closed. The fund balance was transferred to a management
fund of the General Fund where the fund balance will remain intact until authorized by Council to be spent.
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 18,714$ 6,309$ 6,309$ (12,405)$ ‐$ 100.00%
TOTAL REVENUES 18,714 6,309 6,309 (12,405) ‐ 100.00%
EXPENDITURES:
Contracted Services 28,131 ‐ ‐ (28,131) ‐ N/A
TOTAL EXPENDITURES 28,131 ‐ ‐ (28,131) ‐ N/A
TRANSFERS OUT ‐ 2,576,659 2,576,659 (2,576,659) ‐ 100.00%
NET TRANSFERS ‐ (2,576,659) (2,576,659) 2,576,659 ‐ N/A
CHANGE IN FUND BALANCE (9,417) (2,570,350) (2,570,350) 2,592,385 ‐ N/A
BEGINNING FUND BALANCE, Jan 1 2,582,203 2,570,350 2,570,350 (11,853) ‐ 100.00%
ENDING FUND BALANCE, Jun 30 2,572,786$ ‐$ ‐$ 2,580,532$ ‐$ N/A
HOUSING OPPORTUNITY
VARIANCE
FAVORABLE (UNFAVORABLE)
2019 2020 2020 YTD
YTD ACTUAL ANNUAL BUDGET YTD ACTUAL PRIOR YEAR BUDGET % BUDGET
REVENUES:
Investment Earnings 2,110$ ‐$ 259$ (1,851)$ 259$ N/A
TOTAL REVENUES 2,110 ‐ 259 (1,852) 259 N/A
TOTAL EXPENDITURES ‐ ‐ ‐ ‐ ‐ N/A
NET TRANSFERS ‐ ‐ ‐ ‐ ‐ N/A
CHANGE IN FUND BALANCE 2,110 ‐ 259 (1,852) 259 N/A
BEGINNING FUND BALANCE, Jan 1 456,591 16,408 16,408 (440,183) ‐ 100.00%
ENDING FUND BALANCE, Jun 30 458,701$ 16,408$ 16,667$ (442,035)$ 259$ 101.58%
NEW LIBRARY DEVELOPMENT
VARIANCE
FAVORABLE (UNFAVORABLE)
Quarterly Financial Report City of Renton, Washington 2nd Quarter 2020
Page 24 of 38
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 31,915 ‐ 43,113 11,198 43,113 N/A
TOTAL REVENUES 69,410 75,000 43,113 (26,297) (31,887) 57.48%
EXPENDITURES:
Capital Outlay 110,487 648,948 232,728 122,241 416,220 35.86%
TOTAL EXPENDITURES 155,065 648,948 232,728 77,663 416,220 35.86%
NET TRANSFERS ‐ ‐ ‐ ‐ ‐ N/A
CHANGE IN FUND BALANCE (85,655) (573,948) (189,615) (103,960) 384,333 N/A
BEGINNING FUND BALANCE, Jan 1 4,193,806 8,551,401 8,551,401 4,357,595 ‐ 100.00%
ENDING FUND BALANCE, Jun 30 4,108,151$ 7,977,453$ 8,361,786$ 4,253,635$ 384,333$ 104.82%
FAMILY FIRST CENTER
VARIANCE
FAVORABLE (UNFAVORABLE)
Quarterly Financial Report City of Renton, Washington 2nd Quarter 2020
Page 25 of 38
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 155,015 145,557 38,152 (116,863) (107,405) 26.21%
Rents, leases, and misc fees 1,310,353 2,902,353 1,456,675 146,322 (1,445,678) 50.19%
Interest and other misc 38,501 3,857 33,460 (5,041) 29,603 867.51%
TOTAL REVENUES 1,554,236 3,051,767 1,528,287 (25,949) (1,523,480) 50.08%
EXPENSES:
Personnel 548,015 1,109,685 480,208 67,807 629,477 43.27%
Supplies 28,016 43,500 18,425 9,591 25,075 42.36%
Contracted Services 220,617 491,088 198,522 22,095 292,566 40.42%
Internal Services 162,629 310,765 164,582 (1,953) 146,183 52.96%
TOTAL OPERATING EXPENSES 959,277 1,955,038 861,737 97,540 1,093,301 44.08%
AMOUNT AVAILABLE FOR DEBT SERVICE,
CAPITAL, AND TRANSFERS 594,959 1,096,729 666,550 71,591 (430,179) 60.78%
TOTAL DEBT SERVICE ‐ ‐ ‐ ‐ ‐ N/A
CAPITAL OUTLAY 68,923 5,893,387 161,865 (92,942) 5,731,522 2.75%
TRANSFERS OUT ‐ ‐ 1,363 (1,363) (1,363) N/A
NET TRANSFERS ‐ ‐ (1,363) (1,363) (1,363) N/A
CHANGE IN FUND BALANCE 526,036 (4,796,658) 503,322 (22,714) 5,299,980 N/A
BEGINNING FUND BALANCE, Jan 1 4,985,377 6,259,402 6,259,402 1,274,025 ‐ 100.00%
ENDING FUND BALANCE, Jun 30 5,511,413$ 1,462,744$ 6,762,724$ 1,251,311$ 5,299,980$ 462.33%
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 357,263 91,165 266,098
SURFACE WATER SYSTEM REHABILITATION - - -
PAVEMENT MANAGEMENT PROGRAM 255,930 - 255,930
SNOW REMOVAL EQUIPMENT 167,000 - 167,000
MASTER PLAN UPDATE 103,850 18,962 84,888
TAXIWAY ALPHA REHABILITATION 1,115,495 - 1,115,495
RUNWAY SAFETY AREA 774,360 - 774,360
ENVIRONMENTAL IMPACT STUDY 400,000 - 400,000
TOTAL PROJECT BALANCES 5,997,237$ 152,021$ 5,845,216$
Non-capital items included in project budgets (103,850) (20,806) (83,044)
Operating fund equipment purchase - 30,650 (30,650)
TOTAL CAPITAL OUTLAY 5,893,387$ 161,865$ 5,731,522$
AIRPORT PROJECT BALANCES AT JUNE 30, 2020
Quarterly Financial Report City of Renton, Washington 2nd Quarter 2020
Page 26 of 38
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.
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.
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.
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 167,153$ 268,631$ 89,664$ (77,489)$ (178,967)$ 33.38%
Charges for services 10,083,812 19,343,186 10,393,666 309,854 (8,949,520) 53.73%
Interest and other misc 16,291 5,000 16,160 (131) 11,160 323.20%
TOTAL REVENUES 10,267,256 19,616,817 10,499,490 232,234 (9,117,327) 53.52%
EXPENSES:
Personnel 293,161 579,726 292,151 1,010 287,575 50.39%
Supplies 4,458 10,171 3,252 1,206 6,919 31.97%
Contracted Services 8,985,317 18,338,705 8,882,554 102,763 9,456,151 48.44%
Internal Services 239,889 438,482 252,280 (12,391) 186,202 57.53%
TOTAL OPERATING EXPENSES 9,522,825 19,367,084 9,430,237 92,588 9,936,847 48.69%
AMOUNT AVAILABLE FOR DEBT SERVICE,
CAPITAL, AND TRANSFERS 744,431 249,733 1,069,253 324,822 819,520 428.16%
TOTAL DEBT SERVICE ‐ ‐ ‐ ‐ ‐ N/A
CAPITAL OUTLAY ‐ ‐ ‐ ‐ ‐ N/A
NET TRANSFERS ‐ ‐ ‐ ‐ ‐ N/A
CHANGE IN FUND BALANCE 744,431 249,733 1,069,253 324,822 819,520 428.16%
BEGINNING FUND BALANCE, Jan 1 2,276,333 2,266,127 2,266,127 (10,206) ‐ 100.00%
ENDING FUND BALANCE, Jun 30 3,020,764$ 2,515,860$ 3,335,380$ 314,616$ 819,520$ 132.57%
SOLID WASTE
VARIANCE
Quarterly Financial Report City of Renton, Washington 2nd Quarter 2020
Page 27 of 38
Golf Course Fund
This fund accounts for revenues and expenses for administration, debt service, operation, capital improvements, and
maintenance of the Maplewood Golf Course.
The Golf Course has $20K budgeted for capital in 2020. This budget is for equipment purchases in the operating fund and is
not related to a capital project.
2019 2020 2020 YTD
YTD ACTUAL ANNUAL BUDGET YTD ACTUAL PRIOR YEAR BUDGET % BUDGET
REVENUES:
Charges for services 943,007$ 2,294,800$ 865,395$ (77,612)$ (1,429,405)$ 37.71%
Rents, leases, and misc fees 181,239 500,750 127,900 (53,339) (372,850) 25.54%
Interest and other misc 4,615 1,370 1,978 (2,637) 608 144.38%
TOTAL REVENUES 1,128,861 2,796,920 995,273 (133,588) (1,801,647) 35.58%
EXPENSES:
Personnel 708,162 1,512,192 672,654 35,508 839,538 44.48%
Supplies 210,118 321,500 159,956 50,162 161,544 49.75%
Contracted Services 87,056 205,050 81,711 5,345 123,339 39.85%
Internal Services 130,316 341,940 176,281 (45,965) 165,659 51.55%
TOTAL OPERATING EXPENSES 1,135,652 2,380,682 1,090,602 45,050 1,290,080 45.81%
AMOUNT AVAILABLE FOR DEBT SERVICE,
CAPITAL, AND TRANSFERS (6,791) 416,238 (95,329) (88,538) (511,567) ‐22.90%
TOTAL DEBT SERVICE ‐ ‐ ‐ ‐ ‐ N/A
CAPITAL OUTLAY 14,140 20,000 ‐ 14,140 20,000 0.00%
TRANSFERS IN 36,000 76,000 38,000 2,000 (38,000) 50.00%
TRANSFERS OUT 36,000 76,000 40,695 (4,695) 35,305 53.55%
NET TRANSFERS ‐ ‐ (2,695) (2,695) (2,695) N/A
CHANGE IN FUND BALANCE (20,931) 396,238 (98,024) (77,093) (494,262) ‐24.74%
BEGINNING FUND BALANCE, Jan 1 110,812 173,750 173,750 62,938 ‐ 100.00%
ENDING FUND BALANCE, Jun 30 89,881$ 569,988$ 75,726$ (14,155)$ (494,262)$ 13.29%
GOLF COURSE
VARIANCE
Quarterly Financial Report City of Renton, Washington 2nd Quarter 2020
Page 28 of 38
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 7,718,312$ 19,180,991$ 7,427,277$ (291,035)$ (11,753,714)$ 38.72%
Rents, leases, and misc fees 99,863 136,591 84,059 (15,804) (52,532) 61.54%
Interest and other misc 483,995 199,070 485,804 1,809 286,734 244.04%
TOTAL REVENUES 8,302,170 19,516,652 7,997,140 (305,030) (11,519,512) 40.98%
EXPENSES:
Personnel 2,124,138 4,640,953 2,157,864 (33,726) 2,483,089 46.50%
Supplies 398,381 833,418 341,899 56,482 491,519 41.02%
Contracted Services 1,459,396 3,193,299 1,420,773 38,623 1,772,526 44.49%
Internal Services 1,105,323 2,185,563 1,107,657 (2,334) 1,077,906 50.68%
TOTAL OPERATING EXPENSES 5,087,238 10,853,233 5,028,193 59,045 5,825,040 46.33%
AMOUNT AVAILABLE FOR DEBT SERVICE,
CAPITAL, AND TRANSFERS 3,214,932 8,663,419 2,968,947 (245,985) (5,694,472) 34.27%
DEBT SERVICE:
Principal 345,818 1,540,568 345,818 ‐ 1,194,750 22.45%
Interest 111,973 241,747 105,595 6,378 136,152 43.68%
TOTAL DEBT SERVICE 457,791 1,782,315 451,413 6,378 1,330,902 25.33%
CAPITAL OUTLAY 1,567,011 37,304,963 1,703,057 (136,046) 35,601,906 4.57%
TRANSFERS OUT ‐ ‐ 330 (330) (330) N/A
NET TRANSFERS ‐ ‐ (330) (330) (330) N/A
CHANGE IN FUND BALANCE 1,190,130 (30,423,859) 814,147 (375,983) 31,238,006 N/A
BEGINNING FUND BALANCE, Jan 1 38,002,973 37,569,067 37,569,067 (433,906) ‐ 100.00%
ENDING FUND BALANCE, Jun 30 39,193,103$ 7,145,208$ 38,383,214$ (809,889)$ 31,238,006$ 537.19%
WATER UTILITY
VARIANCE
PROJECT BUDGET ACTUAL BALANCE
PIPE OVERSIZING COSTS 100,000$ -$ 100,000$
TELEMETRY IMPROVEMENTS-PHASE 4 250,000 2,138 247,862
WATER SYSTEM PLAN UPDATE 200,000 42,592 157,408
UPDATE EMERGENCY RESPONSE PLAN 250,000 4,673 245,327
STEEL/AC WATERMAIN REPLC PLAN 1,130,000 7,618 1,122,382
RESERVOIR RECOATING 200,000 - 200,000
EMERGENCY RESPONSE PROJ 100,000 - 100,000
DOWNTOWN WATER MAIN REPLACEMENT 3,500,000 109,569 3,390,431
GPS & GIS DATABASE/CONVERSION - (4,432) 4,432
WATER PUMP STATIONS REHAB 400,000 - 400,000
RESERVOIR PRV METERS 300,000 4,086 295,914
MPLWD WATER TREATMENT IMPROV - CONST 770,000 33,440 736,560
MAPLEWOOD PUMP STATION ROOF REPLACEMENT - 7,914 (7,914)
HIGHLANDS WATER MAIN IMPROVEMENT 1,100,000 15,822 1,084,178
DUVALL AVE NE WATER MAIN REPLACEMENT 360,000 2,400 357,600
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 4,648 395,352
WSDOT I-405 WATER RELOCATIONS 300,000 6,174 293,826
AUTOMATIC METER READING CONVERSION 85,000 - 85,000
TRANSMISSION MAIN REPLACEMENT - (248) 248
HIGHLANDS 435-RESERVOIRS REPLACEMENT 23,100,000 16,562 23,083,438
RAINIER AVE S ROAD & UTILITIES IMPRVMNT 300,000 - 300,000
KENNYDALE 320-RESERVOIR 4,000,000 1,498,867 2,501,133
TOTAL PROJECT BALANCES 37,275,000$ 1,751,823$ 35,523,177$
Non-capital items included in project budgets - (48,766) 48,766
Operating fund equipment purchase 29,963 - 29,963
TOTAL CAPITAL OUTLAY 37,304,963$ 1,703,057$ 35,601,906$
WATER UTILITY FUND PROJECT BALANCES AT JUNE 30, 2020
Quarterly Financial Report City of Renton, Washington 2nd Quarter 2020
Page 29 of 38
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 61,025$ 61,802$ 48,275$ (12,750)$ (13,527)$ 78.11%
Charges for services 5,384,546 11,248,216 5,366,799 (17,747) (5,881,417) 47.71%
Fines and penalties 481 ‐ 155 (326) 155 N/A
Interest and other misc 332,545 320,766 333,293 748 12,527 103.91%
TOTAL REVENUES 5,778,597 11,630,784 5,748,522 (30,075) (5,882,262) 49.43%
EXPENSES:
Personnel 1,116,139 2,456,376 1,145,637 (29,498) 1,310,739 46.64%
Supplies 27,187 70,880 28,002 (815) 42,878 39.51%
Contracted Services 1,122,883 2,944,281 975,115 147,768 1,969,166 33.12%
Internal Services 791,868 1,455,392 784,138 7,730 671,254 53.88%
TOTAL OPERATING EXPENSES 3,058,077 6,926,929 2,932,892 125,185 3,994,037 42.34%
AMOUNT AVAILABLE FOR DEBT SERVICE,
CAPITAL, AND TRANSFERS 2,720,520 4,703,855 2,815,630 95,110 (1,888,225) 59.86%
DEBT SERVICE:
Principal ‐ 601,300 ‐ ‐ 601,300 0.00%
Interest 47,859 108,921 45,398 2,461 63,523 41.68%
TOTAL DEBT SERVICE 47,859 710,221 45,398 2,461 664,823 6.39%
CAPITAL OUTLAY 1,920,827 18,163,200 301,238 1,619,589 17,861,962 1.66%
TRANSFERS IN 28,356 ‐ ‐ (28,356) ‐ N/A
NET TRANSFERS 27,588 ‐ ‐ (27,588) ‐ N/A
CHANGE IN FUND BALANCE 779,422 (14,169,566) 2,468,994 1,689,572 16,638,560 N/A
BEGINNING FUND BALANCE, Jan 1 18,879,201 19,832,351 19,832,351 953,150 ‐ 100.00%
ENDING FUND BALANCE, Jun 30 19,658,623$ 5,662,785$ 22,301,345$ 2,642,722$ 16,638,560$ 393.82%
WASTEWATER UTILITY
VARIANCE
PROJECT BUDGET ACTUAL BALANCE
MISCELANEOUS SEWER PROJECTS 185,000$ 3,358$ 181,642$
2008 LONG-RANGE WW MANAG PLAN 97,000 8,360 88,640
WASTEWATER OPERATIONS MASTER PLAN 774,000 8,509 765,491
FALCON RIDGE LS REHAB - 59 (59)
THUNDER HILL INT REPL/REHAB 3,110,000 27,137 3,082,863
FORCE MAIN REHABILITATION REPLACEMENT 1,487,000 5,782 1,481,218
LIFT STATION REHABILITATION 1,891,000 7,947 1,883,053
DOWNTOWN SEWER REPLACEMENT/REHAB 7,537,000 164,898 7,372,102
2019 SANITARY SEWER REHAB/REPLACEMENT - 4,253 (4,253)
2020 SANITARY SEWER REHAB/REPLACEMENT 2,700,000 75,424 2,624,576
KENNYDALE LAKELINE SEWER UPGRADE 1,248,000 5,827 1,242,173
TOTAL PROJECT BALANCES 19,029,000$ 311,554$ 18,717,446$
Non-capital items included in project budgets (871,000) (10,316) (860,684)
Operating fund equipment purchase 5,200 - 5,200
TOTAL CAPITAL OUTLAY 18,163,200$ 301,238$ 17,861,962$
WASTEWATER UTILITY FUND PROJECT BALANCES AT JUNE 30, 2020
Quarterly Financial Report City of Renton, Washington 2nd Quarter 2020
Page 30 of 38
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 23,750$ 50,456$ 35,225$ 11,475$ (15,231)$ 69.81%
Grants / intergovernmental 705,990 12,356,399 642,014 (63,976) (11,714,385) 5.20%
Charges for services 5,846,943 13,000,699 5,907,533 60,590 (7,093,166) 45.44%
Interest and other misc 205,174 135,163 238,321 33,147 103,158 176.32%
TOTAL REVENUES 6,781,857 25,542,717 6,823,093 41,236 (18,719,624) 26.71%
EXPENSES:
Personnel 1,699,053 3,488,003 1,796,117 (97,064) 1,691,886 51.49%
Supplies 65,246 167,949 58,558 6,688 109,391 34.87%
Contracted Services 698,149 4,292,977 867,617 (169,468) 3,425,360 20.21%
Internal Services 979,184 1,746,577 955,142 24,042 791,435 54.69%
TOTAL OPERATING EXPENSES 3,441,632 9,695,506 3,677,434 (235,802) 6,018,072 37.93%
AMOUNT AVAILABLE FOR DEBT SERVICE,
CAPITAL, AND TRANSFERS 3,340,225 15,847,211 3,145,659 (194,566) (12,701,552) 19.85%
DEBT SERVICE:
Principal ‐ 488,950 ‐ ‐ 488,950 0.00%
Interest 316,085 640,845 313,768 2,317 327,077 48.96%
TOTAL DEBT SERVICE 316,085 1,129,795 313,768 2,317 816,027 27.77%
CAPITAL OUTLAY 1,299,332 20,310,802 774,712 524,620 19,536,090 3.81%
NET TRANSFERS 6,378 ‐ ‐ (6,378) ‐ N/A
CHANGE IN FUND BALANCE 1,731,186 (5,593,386) 2,057,179 325,993 7,650,565 N/A
BEGINNING FUND BALANCE, Jan 1 16,356,030 18,377,556 18,377,556 2,021,526 ‐ 100.00%
ENDING FUND BALANCE, Jun 30 18,087,216$ 12,784,170$ 20,434,735$ 2,347,519$ 7,650,565$ 159.84%
SURFACE WATER UTILITY
VARIANCE
PROJECT BUDGET ACTUAL BALANCE
COMP S&SW MGMT PLAN P&D 172,034$ 58,043$ 113,991$
SM DRAINAGE PROBLEMS 683,923 73,482 610,441
PANTHER CR WL MOSQUITO ABATEMENT 89,767 10,095 79,672
MADSEN CREEK SEDIMENT BASIN 83,738 10,429 73,309
SMALL DRAINAGE PROJ-MAPLEWOOD SEDIMENT 111,314 2,819 108,495
WETLAND MITIGATION BANK 160,345 11,671 148,674
ACOE 205 PROJECT 61,693 2,076 59,617
CEDAR RIVER GRAVEL REMOVAL 2,902,163 106,568 2,795,595
RENTON STORM WATER MANUAL 75,815 5,947 69,868
GREEN RIVER ECOSYSTEM STUDY 48,336 159 48,177
MISCELLANEOUS/EMERGENCY/STORM PROJECTS 100,000 - 100,000
SURFACE WATER UTILITY GIS 125,382 52,520 72,862
HARDIE AVE S UNDERPASS STORM SYSTEM IMPR 2,391 - 2,391
MONROE AVE/N 2ND ST 378,837 135,606 243,231
STORMWATER FACILITY FENCING PROJECT 265,101 2,901 262,200
CEDAR RIVER 205 LEVEE RECERTIFICATION 4,854,386 150,224 4,704,162
SE 172ND ST/125TH AVE SE 232,561 87,884 144,677
RAINIER AVE/OAKSDALE AVE PUMP STATION UP 207,466 44,234 163,232
NE 16TH/JEFFERSON AVE NE 2,768,213 108,822 2,659,391
DOWNTOWN STORM SYSTEM IMPROVEMENT PROJEC 6,030,270 159,944 5,870,326
HEATHER DOWNS DETENTION POND 693,543 6,285 687,258
MADSEN CRK IMPROV PHASE 1-KCFCD 1,033,096 51,885 981,211
RAINIER AVE/BENSON RD S - CULVERT REPL 200,610 20,915 179,695
CMP STORM SYSTEM REPLACEMENT PROJECT 539,934 14,746 525,188
CEDAR RIVER FLOOD RISK REDUCTION 499,658 1,700 497,958
STORMWATER FACILITY RETROFIT STUDY 300,000 1,692 298,308
BURNETT AVE S/WILLIAMS AVE S 467,629 1,616 466,013
WSDOT LA ROW RUNOFF IMPACT MITIGATION 96,200 2,096 94,104
TOTAL PROJECT BALANCES 23,184,405$ 1,124,359$ 22,060,046$
Non-capital items included in project budgets (2,902,163) (349,647) (2,552,516)
Operating fund equipment purchase 28,560 - 28,560
TOTAL CAPITAL OUTLAY 20,310,802$ 774,712$ 19,536,090$
SURFACE WATER UTILITY PROJECT BALANCES AT JUNE 30, 2020
Quarterly Financial Report City of Renton, Washington 2nd Quarter 2020
Page 31 of 38
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.
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 8,552,070$ 17,007,226$ 8,416,524$ (135,546)$ (8,590,702)$ 49.49%
Interest and other misc 43,755 ‐ 32,451 (11,304) 32,451 N/A
TOTAL REVENUES 8,595,825 17,007,226 8,448,975 (146,850) (8,558,251) 49.68%
EXPENSES:
Contracted Services 8,434,177 17,007,226 9,525,536 (1,091,359) 7,481,690 56.01%
TOTAL OPERATING EXPENSES 8,434,177 17,007,226 9,525,536 (1,091,359) 7,481,690 56.01%
AMOUNT AVAILABLE FOR DEBT SERVICE,
CAPITAL, AND TRANSFERS 161,648 ‐ (1,076,561) (1,238,209) (1,076,561) N/A
TOTAL DEBT SERVICE ‐ ‐ ‐ ‐ ‐ N/A
CAPITAL OUTLAY ‐ ‐ ‐ ‐ ‐ N/A
NET TRANSFERS ‐ ‐ ‐ ‐ ‐ N/A
CHANGE IN FUND BALANCE 161,648 ‐ (1,076,561) (1,238,209) (1,076,561) N/A
BEGINNING FUND BALANCE, Jan 1 5,512,418 5,961,906 5,961,906 449,488 ‐ 100.00%
ENDING FUND BALANCE, Jun 30 5,674,066$ 5,961,906$ 4,885,345$ (788,721)$ (1,076,561)$ 81.94%
METRO
VARIANCE
Quarterly Financial Report City of Renton, Washington 2nd Quarter 2020
Page 32 of 38
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.
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 42,497$ ‐$ 17,118$ (25,379)$ 17,118$ N/A
Interdepartmental services 2,639,775 3,587,714 2,184,394 (455,381) (1,403,320) 60.89%
Interest and other misc 105,626 12,000 36,155 (69,471) 24,155 301.29%
TOTAL REVENUES 2,787,898 3,599,714 2,237,667 (550,231) (1,362,047) 62.16%
EXPENSES:
Personnel 549,625 1,089,183 546,371 3,254 542,812 50.16%
Supplies 717,808 1,496,153 483,678 234,130 1,012,475 32.33%
Contracted Services 161,745 133,166 122,175 39,570 10,991 91.75%
Internal Services 14,741 32,697 17,015 (2,274) 15,682 52.04%
TOTAL OPERATING EXPENSES 1,443,919 2,751,199 1,169,239 274,680 1,581,960 42.50%
AMOUNT AVAILABLE FOR DEBT SERVICE,
CAPITAL, AND TRANSFERS 1,343,979 848,515 1,068,428 (275,551) 219,913 125.92%
TOTAL DEBT SERVICE ‐ ‐ ‐ ‐ ‐ N/A
CAPITAL OUTLAY 991,419 2,064,000 925,942 65,477 1,138,058 44.86%
NET TRANSFERS ‐ ‐ ‐ ‐ ‐ N/A
CHANGE IN FUND BALANCE 352,560 (1,215,485) 142,486 (210,074) 1,357,971 N/A
BEGINNING FUND BALANCE, Jan 1 6,493,018 6,851,811 6,851,811 358,793 ‐ 100.00%
ENDING FUND BALANCE, Jun 30 6,845,578$ 5,636,326$ 6,994,297$ 148,719$ 1,357,971$ 124.09%
EQUIPMENT RENTAL
VARIANCE
Quarterly Financial Report City of Renton, Washington 2nd Quarter 2020
Page 33 of 38
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.
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 1,544,778$ 3,174,506$ 1,566,125$ 21,347$ (1,608,381)$ 49.33%
Interest and other misc 225,319 197,000 112,256 (113,063) (84,744) 56.98%
TOTAL REVENUES 1,770,097 3,371,506 1,678,381 (91,716) (1,693,125) 49.78%
EXPENSES:
Personnel 425,995 1,484,232 466,214 (40,219) 1,018,018 31.41%
Supplies ‐ 4,000 374 (374) 3,626 9.35%
Contracted Services 673,336 1,841,646 826,477 (153,141) 1,015,169 44.88%
TOTAL OPERATING EXPENSES 1,099,331 3,329,878 1,293,065 (193,734) 2,036,813 38.83%
AMOUNT AVAILABLE FOR DEBT SERVICE,
CAPITAL, AND TRANSFERS 670,766 41,628 385,316 (285,450) 343,688 925.62%
TOTAL DEBT SERVICE ‐ ‐ ‐ ‐ ‐ N/A
CAPITAL OUTLAY ‐ ‐ ‐ ‐ ‐ N/A
TRANSFERS OUT ‐ 4,500,000 ‐ ‐ 4,500,000 0.00%
NET TRANSFERS ‐ (4,500,000) ‐ ‐ 4,500,000 N/A
CHANGE IN FUND BALANCE 670,766 (4,458,372) 385,316 (285,450) 4,843,688 N/A
BEGINNING FUND BALANCE, Jan 1 18,522,154 19,095,508 19,095,508 573,354 ‐ 100.00%
ENDING FUND BALANCE, Jun 30 19,192,920$ 14,637,136$ 19,480,824$ 287,904$ 4,843,688$ 133.09%
INSURANCE
VARIANCE
Quarterly Financial Report City of Renton, Washington 2nd Quarter 2020
Page 34 of 38
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.
Increased interdepartmental services revenue over the prior year is due to increased costs in personnel and contracted
services being charged back to the departments.
Increased personnel charges 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.
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 163,966$ 150,000$ 123,004$ (40,962)$ (26,996)$ 82.00%
Interdepartmental services 2,482,213 5,343,238 2,894,507 412,294 (2,448,731) 54.17%
Interest and other misc 28,185 7,000 25,253 (2,932) 18,253 360.76%
TOTAL REVENUES 2,675,826 5,500,238 3,042,764 366,938 (2,457,474) 55.32%
EXPENSES:
Personnel 1,360,935 3,165,906 1,488,032 (127,097) 1,677,874 47.00%
Supplies 277,645 983,155 224,440 53,205 758,715 22.83%
Contracted Services 939,506 2,416,051 1,134,131 (194,625) 1,281,920 46.94%
Internal Services 778 1,804 902 (124) 902 50.00%
TOTAL OPERATING EXPENSES 2,578,864 6,566,916 2,847,505 (268,641) 3,719,411 43.36%
AMOUNT AVAILABLE FOR DEBT SERVICE,
CAPITAL, AND TRANSFERS 96,962 (1,066,678) 195,259 98,297 1,261,937 N/A
TOTAL DEBT SERVICE ‐ ‐ ‐ ‐ ‐ N/A
CAPITAL OUTLAY 49,222 1,068,500 30,872 18,350 1,037,628 2.89%
TRANSFERS IN 37,935 9,630 12,433 (25,502) 2,803 129.11%
NET TRANSFERS 37,935 9,630 12,433 (25,502) 2,803 129.11%
CHANGE IN FUND BALANCE 85,675 (2,125,548) 176,820 91,145 2,302,368 N/A
BEGINNING FUND BALANCE, Jan 1 3,934,408 4,490,062 4,490,062 555,654 ‐ 100.00%
ENDING FUND BALANCE, Jun 30 4,020,083$ 2,364,514$ 4,666,882$ 646,799$ 2,302,368$ 197.37%
INFORMATION TECHNOLOGY
VARIANCE
Quarterly Financial Report City of Renton, Washington 2nd Quarter 2020
Page 35 of 38
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.
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 $844K in revenue to the Facilities division, which
included charges for some direct costs (supplies, utilities, and repairs/maintenance of the fire stations), but also covered a
portion of overhead that now must be absorbed fully by City departments.
The increase in personnel costs over the prior year is due to the conversion of supplemental staff to regular (benefitted)
employees and moving 100% of the Golf Course custodian’s salary and benefits to the Facilities Fund, with an offsetting
increase in interdepartmental services revenue, rather than splitting the cost between the two funds as was prior practice.
The increase in supplies expense over the prior year is due to new AED devices installed in City facilities and custodial supply
purchases.
2019 2020 2020 YTD
YTD ACTUAL ANNUAL BUDGET YTD ACTUAL PRIOR YEAR BUDGET % BUDGET
REVENUES:
Grants / intergovernmental ‐$ ‐$ 21,835$ 21,835$ 21,835$ N/A
Interdepartmental services 2,215,765 4,306,771 2,629,606 413,841 (1,677,165) 61.06%
Rents, leases, and misc fees 1 ‐ 78,499 78,498 78,499 N/A
Interest and other misc 8,939 4,000 6,782 (2,157) 2,782 169.55%
TOTAL REVENUES 2,241,727 4,310,771 2,736,722 494,995 (1,574,049) 63.49%
EXPENSES:
Personnel 1,409,961 3,167,309 1,478,774 (68,813) 1,688,535 46.69%
Supplies 178,347 339,168 293,729 (115,382) 45,439 86.60%
Contracted Services 753,116 1,505,634 625,576 127,540 880,058 41.55%
Internal Services 33,839 67,450 35,671 (1,832) 31,779 52.89%
TOTAL OPERATING EXPENSES 2,375,263 5,079,561 2,433,750 (58,487) 2,645,811 47.91%
AMOUNT AVAILABLE FOR DEBT SERVICE,
CAPITAL, AND TRANSFERS (133,536) (768,790) 302,972 436,508 1,071,762 N/A
TOTAL DEBT SERVICE ‐ ‐ ‐ ‐ ‐ N/A
CAPITAL OUTLAY 10,901 ‐ 5,704 5,197 (5,704) N/A
TRANSFERS IN 12,389 2,880 8,596 (3,793) 5,716 298.47%
TRANSFERS OUT 5,220 ‐ ‐ 5,220 ‐ N/A
NET TRANSFERS 7,169 2,880 8,596 1,427 5,716 298.47%
CHANGE IN FUND BALANCE (137,268) (765,910) 305,864 443,132 1,071,774 N/A
BEGINNING FUND BALANCE, Jan 1 1,376,859 1,220,276 1,220,276 (156,583) ‐ 100.00%
ENDING FUND BALANCE, Jun 30 1,239,591$ 454,366$ 1,526,140$ 286,549$ 1,071,774$ 335.88%
FACILITIES
VARIANCE
Quarterly Financial Report City of Renton, Washington 2nd Quarter 2020
Page 36 of 38
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 ‐$ 86,050$ ‐$ ‐$ (86,050)$ 0.00%
Interdepartmental services 552,384 1,069,076 566,721 14,337 (502,355) 53.01%
Interest and other misc 5,102 22,000 4,133 (969) (17,867) 18.79%
TOTAL REVENUES 557,486 1,177,126 570,854 13,368 (606,272) 48.50%
EXPENSES:
Personnel 361,689 851,567 444,546 (82,857) 407,021 52.20%
Supplies 16,786 71,350 16,622 164 54,728 23.30%
Contracted Services 131,832 336,679 131,920 (88) 204,759 39.18%
Internal Services 1,485 3,941 1,971 (486) 1,970 50.01%
TOTAL OPERATING EXPENSES 511,792 1,263,537 595,059 (83,267) 668,478 47.09%
AMOUNT AVAILABLE FOR DEBT SERVICE,
CAPITAL, AND TRANSFERS 45,694 (86,411) (24,205) (69,899) 62,206 N/A
TOTAL DEBT SERVICE ‐ ‐ ‐ ‐ ‐ N/A
CAPITAL OUTLAY ‐ ‐ ‐ ‐ ‐ N/A
TRANSFERS OUT ‐ ‐ 4,229 (4,229) (4,229) N/A
NET TRANSFERS ‐ ‐ (4,229) (4,229) (4,229) N/A
CHANGE IN FUND BALANCE 45,694 (86,411) (28,434) (74,128) 57,977 N/A
BEGINNING FUND BALANCE, Jan 1 685,593 803,561 803,561 117,968 ‐ 100.00%
ENDING FUND BALANCE, Jun 30 731,287$ 717,150$ 775,127$ 43,840$ 57,977$ 108.08%
COMMUNICATIONS
VARIANCE
Quarterly Financial Report City of Renton, Washington 2nd Quarter 2020
Page 37 of 38
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 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 5,561,252$ 12,603,106$ 6,054,561$ 493,309$ (6,548,545)$ 48.04%
Interest and other misc 32,389 46,588 28,374 (4,015) (18,214) 60.90%
TOTAL REVENUES 5,593,641 12,649,694 6,082,935 489,294 (6,566,759) 48.09%
EXPENSES:
Personnel 4,398,645 12,011,435 4,532,508 (133,863) 7,478,927 37.73%
Supplies 7,167 7,500 6,881 286 619 91.75%
Contracted Services 182,967 420,540 248,333 (65,366) 172,207 59.05%
Internal Services 29,030 60,430 30,215 (1,185) 30,215 50.00%
TOTAL OPERATING EXPENSES 4,617,809 12,499,905 4,817,937 (200,128) 7,681,968 38.54%
AMOUNT AVAILABLE FOR DEBT SERVICE,
CAPITAL, AND TRANSFERS 975,832 149,789 1,264,998 289,166 1,115,209 844.52%
TOTAL DEBT SERVICE ‐ ‐ ‐ ‐ ‐ N/A
CAPITAL OUTLAY ‐ ‐ ‐ ‐ ‐ N/A
NET TRANSFERS ‐ ‐ ‐ ‐ ‐ N/A
CHANGE IN FUND BALANCE 975,832 149,789 1,264,998 289,166 1,115,209 844.52%
BEGINNING FUND BALANCE, Jan 1 4,259,511 5,151,648 5,151,648 892,137 ‐ 100.00%
ENDING FUND BALANCE, Jun 30 5,235,343$ 5,301,437$ 6,416,646$ 1,181,303$ 1,115,209$ 121.04%
HEALTH INSURANCE
VARIANCE
Quarterly Financial Report City of Renton, Washington 2nd Quarter 2020
Page 38 of 38
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.
The increase in personnel expenses 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 1,312,340 131,989 812,342 (499,998) 680,353 615.46%
Interest and other misc 99,666 67,459 82,166 (17,500) 14,707 121.80%
TOTAL REVENUES 1,447,904 244,462 929,753 (518,151) 685,291 380.33%
EXPENSES:
Personnel 346,546 1,209,429 539,457 (192,911) 669,972 44.60%
Contracted Services 21,188 38,814 25,959 (4,771) 12,855 66.88%
TOTAL OPERATING EXPENSES 367,734 1,248,243 565,416 (197,682) 682,827 45.30%
AMOUNT AVAILABLE FOR DEBT SERVICE,
CAPITAL, AND TRANSFERS 1,080,170 (1,003,781) 364,337 (715,833) 1,368,118 N/A
TOTAL DEBT SERVICE ‐ ‐ ‐ ‐ ‐ N/A
CAPITAL OUTLAY ‐ ‐ ‐ ‐ ‐ N/A
NET TRANSFERS ‐ ‐ ‐ ‐ ‐ N/A
CHANGE IN FUND BALANCE 1,080,170 (1,003,781) 364,337 (715,833) 1,368,118 N/A
BEGINNING FUND BALANCE, Jan 1 13,876,628 15,799,729 15,799,729 1,923,101 ‐ 100.00%
ENDING FUND BALANCE, Jun 30 14,956,798$ 14,795,948$ 16,164,066$ 1,207,268$ 1,368,118$ 109.25%
RETIREE HEALTHCARE
VARIANCE