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H:\Finance\Financial Reporting\Monthly Reports\2021 Reports\QUARTERLY\Cover 1Q2021.docx
ADMINISTRATIVE SERVICES
M E M O R A N D U M
DATE: July 12, 2021
TO: Randy Corman, Council President
Members of Renton City Council
CC: Armondo Pavone, Mayor
Ed VanValey, Chief Administrative Officer
FROM: Kari Roller, ASD Administrator
STAFF CONTACT: Misty Baker, Sr. Finance Analyst
SUBJECT: Quarterly Financial Report 1st Quarter 2021
The attached report provides a detailed discussion of General Fund revenues and
expenditures with comparison to prior year and budget through the end of March 2021.
General Fund revenues, excluding Interfund transfers, were $25M, which is $582K less
than 2020, but $4.5M over the YTD budget. General Fund expenditures, excluding
Interfund transfers, were $25M, which is $790K more than 2020 and $4M less than the
YTD budget. Detailed explanations are provided for items with variances exceeding
$100K.
Also provided are tables for each of the City’s other funds with comparison to prior year
and annual budget (YTD budgets are not prepared for City funds, with the exception of
the General Fund). For funds that adopt capital project budgets (which are subject to carry
forward in accordance with City Policy 220‐01), schedules of the project budgets have
also been provided.
Please do not hesitate to contact me at x6869 should you have any questions or any
suggestions about the report.
Page 1 of 41
OVERVIEW
This quarterly financial report reflects the City’s revenue and expenditures/expenses for the fiscal year through March 31,
2021. 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 reflect amounts authorized in ORD 6017, which includes the 1st quarter/carry forward budget
adjustment approved by Council May 3, 2021.
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 18,732,107$ 73,959,450$ 14,272,748$ 18,546,454$ (185,653)$ 4,273,706$ 25.08%
Licenses & Permits 1,787,131 4,776,877 1,589,246 1,684,256 (102,875) 95,010 35.26%
Intergovernmental 1,065,400 6,204,385 987,201 1,279,304 213,904 292,103 20.62%
Charges for Services 2,133,062 8,169,266 2,102,935 2,381,993 248,931 279,058 29.16%
Fines and Penalties 1,031,591 3,829,782 1,016,052 674,603 (356,988) (341,449) 17.61%
Miscellaneous 803,846 1,862,675 562,411 404,333 (399,513) (158,078) 21.71%
Other Financing Sources (Transfer‐In, etc) 25,000 14,782,012 ‐ 23,980 (1,020) 23,980 0.16%
TOTAL REVENUES 25,578,137 113,584,447 20,530,593 24,994,923 (583,214) 4,464,330 22.01%
EXPENDITURES
Council 110,254 554,485 168,058 142,485 (32,231) 25,573 25.70%
Executive 682,606 2,948,767 827,256 638,881 43,725 188,375 21.67%
Emergency Management 174,699 781,615 128,800 166,324 8,375 (37,524) 21.28%
City Attorney 610,316 2,611,347 682,096 618,748 (8,432) 63,348 23.69%
Court Services 642,518 3,102,930 800,255 663,113 (20,595) 137,142 21.37%
Community and Eco Dvlpmnt Admin 378,000 1,614,739 515,554 466,949 (88,949) 48,605 28.92%
Development Services 646,498 2,909,376 729,969 574,251 72,247 155,718 19.74%
Economic Development 442,964 3,537,583 529,486 1,729,606 (1,286,642) (1,200,120) 48.89%
Planning 1,034,221 4,954,391 1,258,157 1,078,415 (44,194) 179,742 21.77%
Finance 719,412 4,158,944 879,146 848,404 (128,992) 30,742 20.40%
City Clerk 433,238 1,473,840 526,603 251,420 181,818 275,183 17.06%
Human Resources 366,847 1,656,832 393,177 351,549 15,298 41,628 21.22%
Police 9,424,063 38,317,266 10,333,723 9,038,377 385,686 1,295,346 23.59%
Jail Services 1,177,184 4,707,758 1,176,988 1,176,939 245 49 25.00%
Community Services Admin 143,479 592,057 164,700 140,589 2,890 24,111 23.75%
Leased Properties 166,529 849,876 203,598 185,375 (18,846) 18,223 21.81%
Parks & Trails 1,196,758 6,796,819 1,605,670 1,326,607 (129,849) 279,063 19.52%
Parks Planning & Natural Resources 352,066 2,049,361 326,603 283,346 68,720 43,257 13.83%
Recreation & Neighborhoods 1,335,846 6,568,899 1,675,174 1,025,404 310,442 649,770 15.61%
Human Services 288,130 1,568,140 295,284 237,794 50,336 57,490 15.16%
Museum 66,535 289,701 80,758 67,064 (529) 13,694 23.15%
Public Works Admin 107,999 497,991 136,019 122,920 (14,921) 13,099 24.68%
Street Maintenance 1,400,798 6,580,354 1,712,515 1,489,713 (88,915) 222,802 22.64%
Transportation 1,453,101 6,638,464 1,623,671 1,541,101 (88,000) 82,570 23.21%
Non‐Departmental and Other 816,226 25,273,904 2,207,111 795,345 20,881 1,411,766 3.15%
TOTAL EXPENDITURES 24,170,287 131,035,439 28,980,371 24,960,719 (790,432) 4,019,652 19.05%
Change in Fund Balance 1,407,850 (17,450,992) (8,449,778) 34,204 (1,373,646) 8,483,982 N/A
Beginning Fund Balance 48,056,982 54,391,582 54,391,582 54,391,582 6,334,600 ‐ 100.00%
ENDING FUND BALANCE 49,464,832$ 36,940,590$ 45,941,804$ 54,425,786$ 4,960,954$ 8,483,982$ 147.33%
Operating Reserve 13,994,674 8,600,000 8,600,000 8,600,000
Economic Development Reserve 2,500,000 2,500,000 2,500,000 2,500,000
AVAILABLE FUND BALANCE 32,970,158$ 25,840,590$ 34,841,804$ 43,325,786$
Summary of Sources and Uses Favorable (Unfavorable)
2020 2021 Variance
YTD Actual Annual Budget YTD Budget YTD Actual
Quarterly Financial Report 1st Quarter 2021
Quarterly Financial Report City of Renton, Washington 1st Quarter 2021
Page 2 of 41
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 favourable/(unfavourable) format.
TAXES
Property Tax – Property tax collections by King County have exceeded prior year and YTD budget. $116K of property taxes
collected through March 31 were for prior years’ delinquent taxes, bringing the balance of delinquent taxes receivable to
$191K. The remainder of taxes collected were for the 2021 levy. The 2021 property tax levy, after levy changes by the
assessor’s office, totalled $22,794,007. The taxes receivable balance for the 2021 levy is $21.5M at March 31.
Local Retail Sales Tax – COVID‐19 will continue to influence the sales tax figures throughout 2021. There are three factors
which are going to impact our sales tax distribution: 1) DOR is providing extensions for some filers, 2) many stores and other
retail locations have been required to be or operating at limited capacity, and 3) some businesses will be closing permanently
due to decreased revenues. However, we are seeing some industries recover and distributions are better than anticipated
to‐date. Please see the monthly sales tax report for more information.
Local Retail Sales Tax – Housing & Related Services – In accordance with HB 1590, the City Council passed ORD 5983
authorizing an additional 0.1% sales and use tax, effective January 1, 2021. The additional sales tax was not authorized at the
time the 2021‐2022 budget was prepared. Anticipated revenues are expected to be included in the 2nd quarter budget
adjustment. The additional sales and use tax is restricted for housing and related services, in accordance with RCW 82.14.530.
An interdepartmental team is currently working on compiling a list of qualifying projects and will present their
recommendations to Council for approval.
Utility Tax – The amount of utility tax over budget is due to a combination of factors. Some taxes are under budget while
others have exceeded budget. The breakdown of Utility Tax is as follows:
2020 2021 2021
Actual Budget Actual $ % $ %
Property Tax 1,062,041 984,973 1,376,356 314,315 29.6% 391,383 39.7%
Local Retail Sales Tax 7,277,582 6,318,391 7,635,399 357,817 4.9% 1,317,008 20.8%
Local Retail Sales Tax ‐ Housing & Related Svc ‐ ‐ 273,838 273,838 100.0% 273,838 100.0%
State Sales Tax Credit 159,427 101,115 77,163 (82,264) ‐51.6% (23,952) ‐23.7%
Criminal Justice Sales Tax 828,690 777,483 798,138 (30,552) ‐3.7%20,655 2.7%
Natural Gas Use Tax 48,745 86,065 41,127 (7,618) ‐15.6% (44,938) ‐52.2%
Admission Tax 53,883 54,756 ‐ (53,883) 0.0%(54,756) 0.0%
Utility Tax 4,337,978 3,640,427 4,290,228 (47,750) ‐1.1%649,801 17.8%
Leasehold Excise Tax 46,879 30,867 41,317 (5,562) ‐11.9%10,450 33.9%
Gambling Excise Tax 897,556 543,343 828,112 (69,444) ‐7.7%284,769 52.4%
Real Estate Excise Tax 1,495,896 ‐ ‐ (1,495,896) 0.0%‐ N/A
B&O Tax 2,523,430 1,735,327 3,184,776 661,346 26.2% 1,449,449 83.5%
YTD Total 18,732,107$ 14,272,748$ 18,546,454$ (185,653)$ ‐1.0%4,273,706$ 29.9%
Annual Total 78,953,070$ 73,959,450$
Taxes by Type
Revenue
2021 vs. 2020 2021 vs. Budget
Year to Date through March
2020 2021 2021
Tax by Type YTD Actual YTD Budget YTD Actual $ % $ %
Electrical 1,733,702$ 1,293,909$ 1,601,436$ (132,266)$ ‐7.6% $ 307,527 23.8%
Natural Gas 684,617 428,316 627,487 (57,130) ‐8.3% 199,171 46.5%
Cell 167,277 116,021 141,864 (25,413) ‐15.2% 25,843 22.3%
Phone 135,817 217,101 170,663 34,846 25.7% (46,438)‐21.4%
Cable 243,494 227,395 351,424 107,930 44.3% 124,029 54.5%
Garbage 173,885 149,533 184,485 10,600 6.1% 34,952 23.4%
City Utilities 1,199,186 1,208,152 1,212,869 13,683 1.1% 4,717 0.4%
YTD Total 4,337,978$ 3,640,427$ 4,290,228$ (47,750)$ ‐1.1%649,801$ 17.9%
2021 vs. 2020 2021 vs. Budget
Quarterly Financial Report City of Renton, Washington 1st Quarter 2021
Page 3 of 41
Gambling Excise Tax – COVID‐19 was expected to heavily influence gambling tax revenues and the City reduced the gambling
tax revenue budget accordingly. However, local gaming establishments were able to take mitigating measures such as setting‐
up outdoor gaming areas to lessen losses from COVID‐19 restrictions. While gambling tax revenues are approximately $70K
less than the 1st quarter of 2020, they are $285K above budget.
Real Estate Excise Tax ‐ REET taxes were improperly recorded to the General Fund in the 1st quarter of 2020. The taxes were
subsequently transferred to the appropriate capital project funds where they are properly budgeted and recorded in
accordance with the requirements of RCW 82.46.
Business and Occupation (B&O) Tax – B&O tax revenues rely heavily on the revenue of a limited number of large businesses.
Payments received in the 1st quarter are generally for activity in the 4th quarter of the prior year. $1.3M of the $1.45M over
the 1st quarter budget is due to one taxpayer who had a 4th quarter amount due for the first time as they had reached the
B&O tax “cap” in prior years.
LICENSES & PERMITS
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 has not returned to pre‐
COVID‐19 levels due to an overall decline in the economy and an increase in the price of building materials due to supply
chain disruptions.
INTERGOVERNMENTAL
State Shared Revenue – The decrease in state shared revenues over prior year is almost entirely due to decreases in criminal
justice – high crime and fuel tax revenues. The City no longer qualifies for criminal justice – high crime shared revenues under
the State’s funding formula and COVID‐19 is still influencing fuel tax revenues. However, higher than expected liquor excise
taxes are resulting in overall State Shared Revenues slightly above budget.
2020 2021 2021
Actual Budget Actual $ % $ %
Franchise Fees 389,385 324,300 390,734 1,349 0.3% 66,434 20.5%
Business Licenses 666,064 614,763 696,393 30,329 4.6% 81,630 13.3%
Animal Licenses 20,210 25,568 19,070 (1,140) ‐5.6% (6,498) ‐25.4%
Building Permits 701,967 615,378 568,740 (133,228) ‐19.0% (46,638) ‐7.6%
ROW/Street Excavation Permits 9,200 9,070 9,235 35 0.4% 165 1.8%
Special Event Permits 305 167 85 (220) ‐72.1% (82) ‐49.0%
YTD Total 1,787,131$ 1,589,246$ 1,684,256$ (102,875)$ ‐5.8%95,010$ 6.0%
Annual Total 5,199,555$ 4,776,877$
Licenses & Permits by Type
Year to Date through March
Revenue
2021 vs. 2020 2021 vs. Budget
2020 2021 2021
Actual Budget Actual $ % $ %
State Shared Revenue 1,040,151$ 888,618$ 938,997$ (101,154)$ ‐9.7%50,379$ 5.7%
Federal Grants ‐ 978 62,271 62,271 100.0% 61,293 6267.2%
State Grants 100 11,048 12,705 12,605 12605.0% 1,657 15.0%
Local Grants 25,149 86,557 265,331 240,182 955.0% 178,774 206.5%
YTD Total 1,065,400$ 987,201$ 1,279,304$ 213,904$ 20.1% 292,103$ 29.6%
Annual Total 9,387,084$ 6,204,385$
Intergovernmental by Type
Revenue
2021 vs. 2020 2021 vs. Budget
Year to Date through March
Quarterly Financial Report City of Renton, Washington 1st Quarter 2021
Page 4 of 41
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
Public Safety Services – The increase in public safety services and the amount over budget is entirely due to payments
received for private security services provided in the 4th quarter of 2020.
Development Services – The increase in development services over the prior year is due to an increase in planning fees
($153K) and inspection services ($16K). The amount over budget is due to planning fees ($269K) offset by lower than
anticipated inspection services ($85K).
Recreation/Farmer’s Market/Events – The decrease in revenues and amount under budget is related to cancelled programs,
as a result of COVID‐19.
Interfund Services – Interfund services revenues increased from the prior year primarily due to increased reimbursement of
staffing costs from CIP projects ($70K) and increased Public Works Admin overhead charges ($91K). The amount over budget
is primarily due to reimbursement of staffing costs from CIP projects.
2020 2021 2021
Tax by Type YTD Actual YTD Budget YTD Actual$%$%
Judicial Contribution 10,768$ 5,161$ 21,529$ 10,761$ 99.9% 16,368$ 317.1%
Crim Just ‐ High Crime 70,168 ‐ ‐ (70,168) ‐100.0%‐ N/A
Crim Just ‐ Pop 7,938 5,998 8,393 455 5.7% 2,395 39.9%
Crim Just ‐ Spec Prog 28,492 27,557 29,961 1,469 5.2% 2,404 8.7%
State DUI 3,435 4,382 4,142 707 20.6%(240) ‐5.5%
Marijuana Distribution 51,820 50,325 49,840 (1,980) ‐3.8% (485) ‐1.0%
Liquor Profits 210,157 212,485 208,438 (1,719) ‐0.8% (4,047) ‐1.9%
Liquor Excise Tax 138,907 108,248 168,960 30,053 21.6% 60,712 56.1%
Fuel Tax 518,466 474,462 447,734 (70,732) ‐13.6% (26,728) ‐5.6%
YTD Total 1,040,151$ 888,618$ 938,997$ (101,154)$ ‐9.7%50,379$ 5.7%
2021 vs. 2020 2021 vs. Budget
2020 2021 2021
Actual Budget Actual $ % $ %
Passport Fees 7,945 13,001 ‐ (7,945) 0.0%(13,001) 0.0%
Court Services 15,582 7,328 (11,883) (27,464) ‐176.3% (19,211) ‐262.1%
General Government Services 412 1,632 257 (156) ‐37.7% (1,375) ‐84.3%
Public Safety Services 326,187 254,464 429,397 103,211 31.6% 174,933 68.7%
Development Services 504,309 488,572 674,315 170,006 33.7% 185,743 38.0%
Transportation Services 43,079 ‐ 6,891 (36,189) ‐84.0%6,891 100.0%
Recreation/Farmer's Market/Events 140,373 197,956 13,188 (127,185) ‐90.6% (184,768) ‐93.3%
Interfund Services 1,095,175 1,139,982 1,269,828 174,653 15.9% 129,846 11.4%
YTD Total 2,133,062$ 2,102,935$ 2,381,993$ 248,931$ 11.7% 279,058$ 13.3%
Annual Total 7,514,930$ 8,169,266$
Year to Date through March
Charges for Services by Type
Revenue
2021 vs. 2020 2021 vs. Budget
Quarterly Financial Report City of Renton, Washington 1st Quarter 2021
Page 5 of 41
FINES AND PENALTIES
Photo Enforcement Program – Photo enforcement revenues have decreased from prior year due and are under budget due
to reduced citations and slow payments associated with the COVID‐19 pandemic. Traffic volumes have decreased, and school
zone cameras had been turned off as a result of school closures. The school zone cameras have since been turned back on as
in‐person learning resumed in early March.
MISCELLANEOUS REVENUES
Interest and Other Investment Earnings – Interest earnings have decreased from the prior year due to 1) an overall reduction
in interest rates and 2) a timing difference in the recording of interfund interest. Interest and investment earnings have
historically been budgeted conservatively, so the amount of interest under budget is almost entirely due to the interfund
interest payment not being recorded in the 1st quarter.
OTHER FINANCING SOURCES
2020 2021 2021
Actual Budget Actual $ % $ %
Civil Penalties 111,039$ 83,805$ 70,312$ (40,728)$ ‐36.7% (13,494)$ ‐16.1%
Photo Enforcement Program 845,228 885,261 558,136 (287,092) ‐34.0% (327,124) ‐37.0%
Criminal Traffic Misdemeanor Fines 14,918 13,327 13,743 (1,176) ‐7.9%416 3.1%
Criminal Non‐Traffic Fines 7,400 7,259 1,933 (5,467) ‐73.9% (5,325) ‐73.4%
Criminal Costs 19,855 14,620 17,129 (2,726) ‐13.7%2,508 17.2%
Non‐Court Fines, Forfeitures and Penalties 33,150 11,780 13,350 (19,800) ‐59.7%1,570 13.3%
YTD Total 1,031,591$ 1,016,052$ 674,603$ (356,988)$ ‐34.6% (341,449)$ ‐33.6%
Annual Total 3,310,279$ 3,829,782$
Fines and Penalties by Type
Revenue
2021 vs. 2020 2021 vs. Budget
Year to Date through March
2020 2021 2021
Actual Budget Actual $ % $ %
Interest and Other Investment Earnings 319,913$ 220,480$ 86,736$ (233,177)$ ‐72.9% (133,744)$ ‐60.7%
Rents, Leases, and Concessions 331,791 227,637 281,978 (49,813) ‐15.0%54,341 23.9%
Contributions/Donations from Private Sources 53,018 17,679 8,445 (44,573) ‐84.1% (9,234) ‐52.2%
Other 99,124 96,615 27,174 (71,950) ‐72.6% (69,441) ‐71.9%
YTD Total 803,846$ 562,411$ 404,333$ (399,513)$ ‐49.7% (158,078)$ ‐28.1%
Annual Total 2,136,909$ 1,862,675$
Miscellaneous by Type
Year to Date through March
Revenue
2021 vs. 2020 2021 vs. Budget
2020 2021 2021
Actual Budget Actual $ % $ %
Transfers from Other Funds 25,000$ ‐$ ‐$ (25,000) 0.0%‐ N/A
Insurance Recoveries ‐ ‐ 23,980 23,980 100.0% 23,980 100.0%
YTD Total 25,000$ ‐$ 23,980$ (1,020)$ ‐4.1%23,980$ 100.0%
Annual Total 17,475,835$ 14,782,012$
Revenue
2021 vs. 2020 2021 vs. Budget
Year to Date through March
Other Financing Sources by Type
Quarterly Financial Report City of Renton, Washington 1st Quarter 2021
Page 6 of 41
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.
COUNCIL
EXECUTIVE
EMERGENCY MANAGEMENT
CITY ATTORNEY
Council
Summary of Uses 2020
Year to Date through March YTD Actual Annual Budget YTD Budget YTD Actual $%$%
Personnel 76,183$ 414,180$ 98,259$ 125,011$ (48,828)$ ‐64.1% (26,752)$ ‐27.2%
Supplies 795 2,000 903 ‐ 795 100.0% 903 100.0%
Contracted Services 17,740 63,316 49,674 628 17,112 96.5% 49,046 98.7%
Capital Outlay ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Debt Service ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Internal Services 15,536 67,385 17,419 16,846 (1,310) ‐8.4%573 3.3%
Transfers Out ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Total Expenditures 110,254$ 546,881$ 166,255$ 142,485$ (32,231)$ ‐29.2%23,770$ 14.3%
2021 vs. Budget2021 2021 vs. 2020
Executive
Summary of Uses 2020
Year to Date through March YTD Actual Annual Budget YTD Budget YTD Actual $%$%
Personnel 228,482$ 940,177$ 261,183$ 168,407$ 60,075$ 26.3% 92,776$ 35.5%
Supplies 1,005 7,100 3,062 ‐ 1,005 100.0% 3,062 100.0%
Contracted Services 336,361 1,445,246 362,943 331,413 4,948 1.5% 31,530 8.7%
Capital Outlay ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Debt Service ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Internal Services 116,758 556,244 200,068 139,061 (22,303) ‐19.1%61,007 30.5%
Transfers Out ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Total Expenditures 682,606$ 2,948,767$ 827,256$ 638,881$ 43,725$ 6.4% 188,375$ 22.8%
2021 vs. Budget2021 2021 vs. 2020
Emergency Management
Summary of Uses 2020
Year to Date through March YTD Actual Annual Budget YTD Budget YTD Actual $%$%
Personnel 120,185$ 485,218$ 60,131$ 102,915$ 17,270$ 14.4%(42,784)$ ‐71.2%
Supplies 103 2,775 2 ‐ 103 100.0% 2 100.0%
Contracted Services 98 41,086 485 275 (177) ‐180.6%210 43.3%
Capital Outlay ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Debt Service ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Internal Services 53,619 252,536 68,182 63,134 (9,515) ‐17.7%5,048 7.4%
Transfers Out 694 ‐ ‐ ‐ 694 100.0%‐ 0.0%
Total Expenditures 174,699$ 781,615$ 128,800$ 166,324$ 8,375$ 4.8%(37,524)$ ‐29.1%
2021 vs. Budget2021 2021 vs. 2020
City Attorney
Summary of Uses 2020
Year to Date through March YTD Actual Annual Budget YTD Budget YTD Actual $%$%
Personnel 552,564$ 2,350,586$ 616,463$ 563,906$ (11,342)$ ‐2.1%52,557$ 8.5%
Supplies 474 3,550 887 ‐ 474 100.0% 887 100.0%
Contracted Services 5,917 49,450 9,534 2,902 3,015 51.0% 6,632 69.6%
Capital Outlay ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Debt Service ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Internal Services 51,361 207,761 55,212 51,940 (579) ‐1.1%3,272 5.9%
Transfers Out ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Total Expenditures 610,316$ 2,611,347$ 682,096$ 618,748$ (8,432)$ ‐1.4%63,348$ 9.3%
2021 2021 vs. Budget2021 vs. 2020
Quarterly Financial Report City of Renton, Washington 1st Quarter 2021
Page 7 of 41
COURT SERVICES
COMMUNITY AND ECONOMIC DEVELOPMENT ADMIN
Transfers Out – The increase in transfers out over the prior year is due to a change in the timing of the annual transfer to the
Municipal Arts Fund.
DEVELOPMENT SERVICES
Personnel – The decrease in personnel costs over the prior year and the amount of personnel costs under budget is due to
open positions.
Court Services
Summary of Uses 2020
Year to Date through March YTD Actual Annual Budget YTD Budget YTD Actual $%$%
Personnel 488,355$ 2,389,087$ 599,319$ 504,144$ (15,789)$ ‐3.2%95,175$ 15.9%
Supplies 461 7,700 1,068 150 311 67.5% 918 86.0%
Contracted Services 32,369 149,716 44,247 19,712 12,657 39.1% 24,535 55.5%
Capital Outlay ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Debt Service ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Internal Services 119,379 556,427 155,621 139,107 (19,728) ‐16.5%16,514 10.6%
Transfers Out 1,954 ‐ ‐ ‐ 1,954 100.0%‐ 0.0%
Total Expenditures 642,518$ 3,102,930$ 800,255$ 663,113$ (20,595)$ ‐3.2%137,142$ 17.1%
2021 2021 vs. Budget2021 vs. 2020
Community and Econ Dvlpmnt Admin
Summary of Uses 2020
Year to Date through March YTD Actual Annual Budget YTD Budget YTD Actual $%$%
Personnel 97,493$ 400,396$ 101,019$ 70,574$ 26,919$ 27.6% 30,445$ 30.1%
Supplies ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Contracted Services 165 ‐ ‐ 116 49 29.7%(116) 100.0%
Capital Outlay ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Debt Service ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Internal Services 279,930 1,100,917 295,424 275,229 4,701 1.7% 20,195 6.8%
Transfers Out 412 121,030 121,030 121,030 (120,618) ‐29276.2%‐ 0.0%
Total Expenditures 378,000$ 1,622,343$ 517,473$ 466,949$ (88,949)$ ‐23.5%50,524$ 9.8%
2021 2021 vs. Budget2021 vs. 2020
Development Services
Summary of Uses 2020
Year to Date through March YTD Actual Annual Budget YTD Budget YTD Actual $%$%
Personnel 601,287$ 2,661,020$ 660,162$ 540,918$ 60,369$ 10.0% 119,244$ 18.1%
Supplies 788 12,250 2,069 337 451 57.2% 1,732 83.7%
Contracted Services 24,721 180,862 51,581 19,185 5,536 22.4% 32,396 62.8%
Capital Outlay ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Debt Service ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Internal Services 19,702 55,244 16,157 13,811 5,891 29.9% 2,346 14.5%
Transfers Out ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Total Expenditures 646,498$ 2,909,376$ 729,969$ 574,251$ 72,247$ 11.2% 155,718$ 21.3%
2021 2021 vs. Budget2021 vs. 2020
Quarterly Financial Report City of Renton, Washington 1st Quarter 2021
Page 8 of 41
ECONOMIC DEVELOPMENT
Contracted Services ‐ The increase in contracted services over the prior year is primarily due to two affordable housing grants
paid in the 1st quarter of 2021 ($99.6K and $700K), offset by decreases in impact fee waivers in the 1st quarter of 2020 that
did not occur in 2021 ($121K). The affordable housing grants paid out in the 1st quarter of 2021 were approved by Council
and budgeted in 2020. They are included in the 1st quarter/carry forward budget adjustment. The YTD budget is calculated
based on payment trends over the two prior years, so the timing of these payments is resulting in the appearance that the
line item is over budget when it is not.
Capital Outlay – Economic Development capital outlay is associated with the Downtown Streetscape project being funded
through a CDBG grant. The amounts over the prior year are due to timing of project planning/construction costs. As with
other capital projects, the entire amount of the project has been budgeted and the budget balance will be carried forward
each year until the project is complete.
PLANNING
Personnel ‐ The amount of personnel costs under the YTD budget is due to open positions.
FINANCE
Personnel ‐ The amount of personnel costs under the YTD budget is due to open positions.
Contracted Services – The amount of contracted services over the prior year and over budget is primarily due to outside legal
fees associated with a utility tax audit. The timing of these expenditures is causing the line item to appear over budget when
it is not.
Economic Development
Summary of Uses 2020
Year to Date through March YTD Actual Annual Budget YTD Budget YTD Actual $%$%
Personnel 220,216$ 916,639$ 220,438$ 224,475$ (4,259)$ ‐1.9% (4,037)$ ‐1.8%
Supplies 662 6,120 320 565 97 14.7%(245) ‐76.6%
Contracted Services 169,246 1,466,076 154,269 810,051 (640,805) ‐378.6% (655,782) ‐425.1%
Capital Outlay 52,840 1,148,748 154,459 694,515 (641,675) ‐1214.4% (540,056) ‐349.6%
Debt Service ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Internal Services ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Transfers Out ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Total Expenditures 442,964$ 3,537,583$ 529,486$ 1,729,606$ (1,286,642)$ ‐290.5% (1,200,120)$ ‐226.7%
2021 2021 vs. Budget2021 vs. 2020
Planning
Summary of Uses 2020
Year to Date through March YTD Actual Annual Budget YTD Budget YTD Actual $%$%
Personnel 996,328$ 4,476,281$ 1,164,020$ 976,510$ 19,818$ 2.0% 187,510$ 16.1%
Supplies 1,315 13,050 5,269 107 1,208 91.9% 5,162 98.0%
Contracted Services 25,510 377,081 62,528 79,803 (54,293) ‐212.8% (17,275) ‐27.6%
Capital Outlay ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Debt Service ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Internal Services 11,068 87,979 26,340 21,995 (10,927) ‐98.7%4,345 16.5%
Transfers Out ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Total Expenditures 1,034,221$ 4,954,391$ 1,258,157$ 1,078,415$ (44,194)$ ‐4.3%179,742$ 14.3%
2021 2021 vs. Budget2021 vs. 2020
Finance
Summary of Uses 2020
Year to Date through March YTD Actual Annual Budget YTD Budget YTD Actual $%$%
Personnel 484,357$ 2,465,985$ 621,860$ 521,567$ (37,210)$ ‐7.7%100,293$ 16.1%
Supplies ‐ 11,500 612 131 (131) 100.0% 481 78.6%
Contracted Services 128,739 1,212,698 131,689 209,516 (80,777) ‐62.7% (77,827) ‐59.1%
Capital Outlay ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Debt Service ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Internal Services 106,316 468,761 124,985 117,190 (10,874) ‐10.2%7,795 6.2%
Transfers Out ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Total Expenditures 719,412$ 4,158,944$ 879,146$ 848,404$ (128,992)$ ‐17.9%30,742$ 3.5%
2021 2021 vs. Budget2021 vs. 2020
Quarterly Financial Report City of Renton, Washington 1st Quarter 2021
Page 9 of 41
CITY CLERK
Contracted Services – The decrease in contracted services from the prior year and the amount of contracted services under
the YTD budget is due to the timing of election costs. Election costs are recorded when billed by the County.
HUMAN RESOURCES
POLICE
Personnel – The decrease in personnel costs from the prior year is primarily the result of 1) an open position in Police
administration and 2) a reduction in overtime and related benefits. The amount under the YTD budget is due to open positions
resulting in savings in salaries ($555K) and benefits ($350K), offset by overages in private security overtime ($28K).
Contracted Services – The amount of contracted services under the YTD budget is primarily due to savings in operating rentals
associated with school zone cameras that have been turned off due to COVID‐19. These cameras resumed operation in early
March with the return of in‐person learning in the Renton School District.
Internal Services – The amount of internal services under the YTD budget is due to timing. The YTD budget is based off the
prior two years’ spending patterns. In 2020, there was a significant reduction of internal service fund charges in April due to
cost cutting measures put in place in response to COVID‐19. This is skewing the spending pattern. Internal Services should be
approximately 25% of the annual budget and they are 25.36% at March 31.
City Clerk
Summary of Uses 2020
Year to Date through March YTD Actual Annual Budget YTD Budget YTD Actual $%$%
Personnel 192,428$ 911,188$ 235,837$ 187,548$ 4,880$ 2.5% 48,289$ 20.5%
Supplies 669 6,994 2,016 272 397 59.3% 1,744 86.5%
Contracted Services 192,359 342,620 229,632 10,341 182,018 94.6% 219,291 95.5%
Capital Outlay ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Debt Service ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Internal Services 47,782 213,038 59,118 53,259 (5,477) ‐11.5%5,859 9.9%
Transfers Out ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Total Expenditures 433,238$ 1,473,840$ 526,603$ 251,420$ 181,818$ 42.0% 275,183$ 52.3%
2021 2021 vs. Budget2021 vs. 2020
Human Resources
Summary of Uses 2020
Year to Date through March YTD Actual Annual Budget YTD Budget YTD Actual $%$%
Personnel 282,490$ 1,141,385$ 284,551$ 275,229$ 7,261$ 2.6% 9,322$ 3.3%
Supplies 610 21,828 2,959 2,025 (1,415) ‐232.0%934 31.6%
Contracted Services 13,359 207,663 28,005 2,806 10,553 79.0% 25,199 90.0%
Capital Outlay ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Debt Service ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Internal Services 70,388 285,956 77,662 71,489 (1,101) ‐1.6%6,173 7.9%
Transfers Out ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Total Expenditures 366,847$ 1,656,832$ 393,177$ 351,549$ 15,298$ 4.2% 41,628$ 10.6%
2021 2021 vs. Budget2021 vs. 2020
Police
Summary of Uses 2020
Year to Date through March YTD Actual Annual Budget YTD Budget YTD Actual $%$%
Personnel 6,611,312$ 26,767,472$ 7,152,907$ 6,268,397$ 342,915$ 5.2% 884,510$ 12.4%
Supplies 110,688 547,484 161,775 73,115 37,573 33.9% 88,660 54.8%
Contracted Services 1,209,270 4,948,347 1,302,789 1,164,766 44,504 3.7% 138,023 10.6%
Capital Outlay ‐ 41,154 ‐ 7,350 (7,350) 100.0%(7,350) 100.0%
Debt Service ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Internal Services 1,492,793 6,012,809 1,716,252 1,524,749 (31,956) ‐2.1%191,503 11.2%
Transfers Out ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Total Expenditures 9,424,063$ 38,317,266$ 10,333,723$ 9,038,377$ 385,686$ 4.1% 1,295,346$ 12.5%
2021 2021 vs. Budget2021 vs. 2020
Quarterly Financial Report City of Renton, Washington 1st Quarter 2021
Page 10 of 41
JAIL SERVICES
COMMUNITY SERVICES ADMIN
LEASED PROPERTIES
PARKS AND TRAILS
Personnel – The amount of personnel costs under the YTD budget is due to vacant positions.
Jail Services
Summary of Uses 2020
Year to Date through March YTD Actual Annual Budget YTD Budget YTD Actual $%$%
Personnel ‐$ ‐$ ‐$ ‐$ ‐$ 0.0%‐$ 0.0%
Supplies ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Contracted Services 1,177,184 4,707,758 1,176,988 1,176,939 245 0.0% 49 0.0%
Capital Outlay ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Debt Service ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Internal Services ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Transfers Out ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Total Expenditures 1,177,184$ 4,707,758$ 1,176,988$ 1,176,939$ 245$ 0.0% 49$ 0.0%
2021 2021 vs. Budget2021 vs. 2020
Community Services Admin
Summary of Uses 2020
Year to Date through March YTD Actual Annual Budget YTD Budget YTD Actual $%$%
Personnel 91,682$ 378,206$ 95,458$ 93,465$ (1,783)$ ‐1.9%1,993$ 2.1%
Supplies 772 7,200 1,642 25 747 96.8% 1,617 98.5%
Contracted Services 11,672 35,544 19,021 3,854 7,818 67.0% 15,167 79.7%
Capital Outlay ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Debt Service ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Internal Services 38,737 171,107 48,579 42,777 (4,040) ‐10.4%5,802 11.9%
Transfers Out 616 ‐ ‐ 468 148 24.0%(468) 100.0%
Total Expenditures 143,479$ 592,057$ 164,700$ 140,589$ 2,890$ 2.0% 24,111$ 14.6%
2021 vs. Budget2021 vs. 20202021
Leased Properties
Summary of Uses 2020
Year to Date through March YTD Actual Annual Budget YTD Budget YTD Actual $%$%
Personnel 46,234 185,794 45,209 43,648 2,586$ 5.6% 1,561$ 3.5%
Supplies 65 2,440 52 6,712 (6,647) ‐10226.2% (6,660) ‐12807.7%
Contracted Services 119,518 658,465 157,540 134,221 (14,703) ‐12.3%23,319 14.8%
Capital Outlay ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Debt Service ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Internal Services 712 3,177 797 794 (82) ‐11.5%3 0.4%
Transfers Out ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Total Expenditures 166,529$ 849,876$ 203,598$ 185,375$ (18,846)$ ‐11.3%18,223$ 9.0%
2021 2021 vs. 2020 2021 vs. Budget
Parks & Trails
Summary of Uses 2020
Year to Date through March YTD Actual Annual Budget YTD Budget YTD Actual $%$%
Personnel 708,915$ 4,059,603$ 973,998$ 714,096$ (5,181)$ ‐0.7%259,902$ 26.7%
Supplies 42,607 248,859 52,023 40,792 1,815 4.3% 11,231 21.6%
Contracted Services 65,565 745,862 91,218 132,820 (67,255) ‐102.6% (41,602) ‐45.6%
Capital Outlay ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Debt Service ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Internal Services 379,671 1,742,495 488,431 438,899 (59,228) ‐15.6%49,532 10.1%
Transfers Out ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Total Expenditures 1,196,758$ 6,796,819$ 1,605,670$ 1,326,607$ (129,849)$ ‐10.9%279,063$ 17.4%
2021 2021 vs. Budget2021 vs. 2020
Quarterly Financial Report City of Renton, Washington 1st Quarter 2021
Page 11 of 41
PARKS PLANNING AND NATURAL RESOURCES
RECREATION AND NEIGHBORHOODS
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 under budget is due to open positions.
HUMAN SERVICES
MUSEUM
Parks Planning & Natural Resources
Summary of Uses 2020
Year to Date through March YTD Actual Annual Budget YTD Budget YTD Actual $%$%
Personnel 220,022$ 1,007,634$ 230,553$ 229,359$ (9,337)$ ‐4.2%1,194$ 0.5%
Supplies 64 4,827 127 433 (369) ‐576.6% (306) ‐240.9%
Contracted Services 119,611 960,463 75,898 34,445 85,166 71.2% 41,453 54.6%
Capital Outlay ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Debt Service ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Internal Services 12,369 76,437 20,025 19,109 (6,740) ‐54.5%916 4.6%
Transfers Out ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Total Expenditures 352,066$ 2,049,361$ 326,603$ 283,346$ 68,720$ 19.5% 43,257$ 13.2%
2021 2021 vs. Budget2021 vs. 2020
Recreation & Neighborhoods
Summary of Uses 2020
Year to Date through March YTD Actual Annual Budget YTD Budget YTD Actual $%$%
Personnel 774,195$ 3,844,106$ 968,635$ 481,759$ 292,436$ 37.8% 486,876$ 50.3%
Supplies 36,690 307,249 67,833 15,441 21,249 57.9% 52,392 77.2%
Contracted Services 49,873 404,336 50,349 24,902 24,971 50.1% 25,447 50.5%
Capital Outlay ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Debt Service ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Internal Services 475,088 2,013,208 588,357 503,302 (28,214) ‐5.9%85,055 14.5%
Transfers Out ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Total Expenditures 1,335,846$ 6,568,899$ 1,675,174$ 1,025,404$ 310,442$ 23.2% 649,770$ 38.8%
2021 2021 vs. Budget2021 vs. 2020
Human Services
Summary of Uses 2020
Year to Date through March YTD Actual Annual Budget YTD Budget YTD Actual $%$%
Personnel 154,318$ 646,138$ 159,769$ 157,749$ (3,431)$ ‐2.2%2,020$ 1.3%
Supplies 1,981 15,650 2,816 1,597 384 19.4% 1,219 43.3%
Contracted Services 102,099 784,439 95,478 47,970 54,129 53.0% 47,508 49.8%
Capital Outlay ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Debt Service ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Internal Services 29,732 121,913 37,221 30,478 (746) ‐2.5%6,743 18.1%
Transfers Out ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Total Expenditures 288,130$ 1,568,140$ 295,284$ 237,794$ 50,336$ 17.5% 57,490$ 19.5%
2021 vs. Budget2021 vs. 20202021
Museum
Summary of Uses 2020
Year to Date through March YTD Actual Annual Budget YTD Budget YTD Actual $%$%
Personnel 36,779$ 150,777$ 39,730$ 32,333$ 4,446$ 12.1% 7,397$ 18.6%
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 29,756 138,924 41,028 34,731 (4,975) ‐16.7%6,297 15.3%
Transfers Out ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Total Expenditures 66,535$ 289,701$ 80,758$ 67,064$ (529)$ ‐0.8%13,694$ 17.0%
2021 vs. Budget2021 vs. 20202021
Quarterly Financial Report City of Renton, Washington 1st Quarter 2021
Page 12 of 41
PUBLIC WORKS ADMIN
STREET MAINTENANCE
Personnel – The amount of personnel costs under the YTD budget is due to open positions.
Internal Services – The increase in internal service charges over the prior year is due to increased Fleet charges, the result of
adding three large pieces of equipment to the Street Maintenance Fleet inventory in 2019. Fleet charges consist of two
elements 1) quarterly maintenance and operations charges and 2) replacement reserves.
TRANSPORTATION
Public Works Admin
Summary of Uses 2020
Year to Date through March YTD Actual Annual Budget YTD Budget YTD Actual $%$%
Personnel 80,358$ 377,829$ 97,442$ 93,394$ (13,036)$ ‐16.2%4,048$ 4.2%
Supplies 249 800 67 98 151 60.6%(31) ‐46.3%
Contracted Services ‐ 1,650 ‐ ‐ ‐ 0.0%‐ 0.0%
Capital Outlay ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Debt Service ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Internal Services 27,392 117,712 38,510 29,428 (2,036) ‐7.4%9,082 23.6%
Transfers Out ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Total Expenditures 107,999$ 497,991$ 136,019$ 122,920$ (14,921)$ ‐13.8%13,099$ 9.6%
2021 vs. Budget2021 2021 vs. 2020
Street Maintenance
Summary of Uses 2020
Year to Date through March YTD Actual Annual Budget YTD Budget YTD Actual $%$%
Personnel 726,067$ 3,235,633$ 815,849$ 669,802$ 56,265$ 7.7% 146,047$ 17.9%
Supplies 35,288 319,798 54,849 42,571 (7,283) ‐20.6%12,278 22.4%
Contracted Services 247,594 1,128,154 259,818 264,785 (17,191) ‐6.9% (4,967) ‐1.9%
Capital Outlay ‐ 5,200 ‐ ‐ ‐ 0.0%‐ 0.0%
Debt Service ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Internal Services 387,038 1,891,569 581,999 512,555 (125,517) ‐32.4%69,444 11.9%
Transfers Out 4,811 ‐ ‐ ‐ 4,811 100.0%‐ 0.0%
Total Expenditures 1,400,798$ 6,580,354$ 1,712,515$ 1,489,713$ (88,915)$ ‐6.3%222,802$ 13.0%
2021 vs. 20202021 2021 vs. Budget
Transportation
Summary of Uses 2020
Year to Date through March YTD Actual Annual Budget YTD Budget YTD Actual $%$%
Personnel 1,097,092$ 4,552,850$ 1,114,638$ 1,099,503$ (2,411)$ ‐0.2%15,135$ 1.4%
Supplies 28,113 230,702 42,161 41,628 (13,515) ‐48.1%533 1.3%
Contracted Services 116,820 1,019,483 233,703 191,062 (74,242) ‐63.6%42,641 18.2%
Capital Outlay 13,818 ‐ ‐ ‐ 13,818 100.0%‐ 0.0%
Debt Service ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Internal Services 197,258 835,429 233,169 208,908 (11,650) ‐5.9%24,261 10.4%
Transfers Out ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Total Expenditures 1,453,101$ 6,638,464$ 1,623,671$ 1,541,101$ (88,000)$ ‐6.1%82,570$ 5.1%
2021 vs. Budget2021 vs. 20202021
Quarterly Financial Report City of Renton, Washington 1st Quarter 2021
Page 13 of 41
NON‐DEPARTMENTAL AND OTHER
Personnel ‐ The amount of personnel expenditures under the YTD budget is due to savings from anticipated employee
separation payments.
Contracted Services – The amount of contracted services under budget is due to contingency reserves that are set aside for
unanticipated costs related to the SCORE.
Non‐Departmental and Other
Summary of Uses 2020
Year to Date through March YTD Actual Annual Budget YTD Budget YTD Actual $%$%
Personnel 721,999$ 3,407,200$ 1,001,891$ 698,457$ 23,542$ 3.3% 303,434$ 30.3%
Supplies ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Contracted Services 89,520 2,218,661 1,201,706 93,374 (3,854) ‐4.3%1,108,332 92.2%
Capital Outlay ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Debt Service ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Internal Services 4,707 14,055 3,514 3,514 1,193 25.3%‐ 0.0%
Transfers Out ‐ 19,633,988 ‐ ‐ ‐ 0.0%‐ 0.0%
Total Expenditures 816,226$ 25,273,904$ 2,207,111$ 795,345$ 20,881$ 2.6% 1,411,766$ 64.0%
2021 vs. Budget2021 2021 vs. 2020
Quarterly Financial Report City of Renton, Washington 1st Quarter 2021
Page 14 of 41
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.
Charges for services – The decrease in charges for services is due to a reduction in payments from Fire District 40 that support
the debt service payments on Fire Station 13. The payment received in 1st quarter 2021 is the final payment scheduled to be
received from Fire District 40 related to the debt service on the loan.
2020 2021 2021 YTD
YTD ACTUAL ANNUAL BUDGET YTD ACTUAL PRIOR YEAR BUDGET % BUDGET
REVENUES:
Grants / intergovernmental 28,678$ 50,983$ 25,546$ (3,132)$ (25,437)$ 50.11%
Charges for services 193,414 63,648 63,648 (129,766) ‐ 100.00%
Investment Earnings 14,937 ‐ 7,526 (7,411) 7,526 N/A
TOTAL REVENUES 237,029 114,631 96,720 (140,309) (17,911) 84.38%
EXPENDITURES:
Principal 181,622 5,625,158 188,804 (7,182) 5,436,354 3.36%
Interest 99,849 1,527,861 61,513 38,336 1,466,348 4.03%
TOTAL EXPENDITURES 281,471 7,153,019 250,317 31,154 6,902,702 3.50%
Transfers In ‐ 7,378,667 ‐ ‐ (7,378,667) 0.00%
NET TRANSFERS ‐ 7,378,667 ‐ ‐ (7,378,667) 0.00%
CHANGE IN FUND BALANCE (44,442) 340,279 (153,597) (109,155) (493,876) ‐45.14%
BEGINNING FUND BALANCE, Jan 1 3,999,457 5,010,629 5,010,629 1,011,172 ‐ 100.00%
ENDING FUND BALANCE, Mar 31 3,955,015$ 5,350,908$ 4,857,032$ 902,017$ (493,876)$ 90.77%
Debt Service Reserve 2,717,575 2,717,575 2,717,575
AVAILABLE FUND BALANCE 1,237,440$ 2,633,333$ 2,139,457$
VARIANCE
FAVORABLE (UNFAVORABLE)
GENERAL GOVERNMENTAL MISCELLANEOUS DEBT
Quarterly Financial Report City of Renton, Washington 1st Quarter 2021
Page 15 of 41
SPECIAL REVENUE FUNDS
Special revenue funds are used to account for revenues that are to be used for a specific purpose as required by law or
legislative action. YTD budgets are not prepared for special revenue funds.
Hotel/Motel Fund
The Hotel/Motel Fund accounts for monies collected through an increase of 1% in hotel/motel taxes for the purpose of
increasing tourism in the City or Renton, as authorized under RCW 67.28.180. The Lodging Tax Advisory Committee solicits
applications for awards and brings their recommendations to Council for approval at least once per year. Awards for events
are paid to applicants at the conclusion of the event once certain reporting requirements have been met.
Municipal Art Fund
The Municipal Art Fund was established to account for the activities of the Renton Municipal Arts Commission, as outlined in
Renton Municipal Code (RMC) section 2‐8‐7. Expenditures include grants paid to local artists, organizations, and community
groups for arts and culture projects and events that serve the general public in Renton and payments for Public Art capital
projects located throughout the City.
Transfers In – The increase in transfers in from the prior year is due to the timing of the annual transfer. In 2020, the transfer
was not recorded until 2nd quarter.
2020 2021 2021 YTD
YTD ACTUAL ANNUAL BUDGET YTD ACTUAL PRIOR YEAR BUDGET % BUDGET
REVENUES:
Taxes 93,982$ 200,000$ 42,565$ (51,417)$ (157,435)$ 21.28%
Contributions ‐ 25,000 ‐ ‐ (25,000) 0.00%
Investment Earnings 3,294 ‐ 1,210 (2,084) 1,210 N/A
TOTAL REVENUES 97,276 225,000 43,775 (53,501) (181,225) 19.46%
EXPENDITURES:
Contracted Services 44,496 501,197 56,505 (12,009) 444,692 11.27%
TOTAL EXPENDITURES 44,496 501,197 56,505 (12,009) 444,692 11.27%
NET TRANSFERS ‐ ‐ ‐ ‐ ‐ N/A
CHANGE IN FUND BALANCE 52,780 (276,197) (12,730) (65,510) 263,467 4.61%
BEGINNING FUND BALANCE, Jan 1 943,889 893,604 893,604 (50,285) ‐ 94.67%
ENDING FUND BALANCE, Mar 31 996,669$ 617,407$ 880,874$ (115,795)$ 263,467$ 88.38%
VARIANCE
FAVORABLE (UNFAVORABLE)
HOTEL/MOTEL
2020 2021 2021 YTD
YTD ACTUAL ANNUAL BUDGET YTD ACTUAL PRIOR YEAR BUDGET % BUDGET
REVENUES:
Investment Earnings 321$ ‐$ 94$ (227)$ 94$ N/A
TOTAL REVENUES 321 ‐ 94 (227) 94 N/A
EXPENDITURES:
Supplies 200 200 32 168 168 16.00%
Contracted Services 4,800 103,200 22,293 (17,493) 80,907 21.60%
Capital Outlay ‐ 15,000 ‐ ‐ 15,000 0.00%
TOTAL EXPENDITURES 5,000 118,400 22,325 (17,325) 96,075 18.86%
Transfers In ‐ 117,900 117,900 117,900 ‐ 100.00%
NET TRANSFERS ‐ 117,900 117,900 117,900 ‐ 100.00%
CHANGE IN FUND BALANCE (4,679) (500) 95,669 100,348 96,169 ‐19133.80%
BEGINNING FUND BALANCE, Jan 1 98,865 65,000 65,000 (33,865) ‐ 100.00%
ENDING FUND BALANCE, Mar 31 94,186$ 64,500$ 160,669$ 66,483$ 96,169$ 249.10%
MUNICIPAL ART
VARIANCE
FAVORABLE (UNFAVORABLE)
Quarterly Financial Report City of Renton, Washington 1st Quarter 2021
Page 16 of 41
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 which will be used to
fund the ongoing maintenance of the wetland in perpetuity.
2020 2021 2021 YTD
YTD ACTUAL ANNUAL BUDGET YTD ACTUAL PRIOR YEAR BUDGET % BUDGET
REVENUES:
Licenses and permits 20,749$ 57,674$ 18,901$ (1,848)$ (38,773)$ 32.77%
Investment Earnings 2,063 ‐ 908 (1,155) 908 N/A
TOTAL REVENUES 22,812 57,674 19,809 (3,003) (37,865) 34.35%
EXPENDITURES:
Supplies ‐ 6,302 ‐ ‐ 6,302 0.00%
Contracted Services 9,360 51,372 3,820 (5,540) 47,552 7.44%
Capital Outlay ‐ 40,000 ‐ ‐ 40,000 0.00%
TOTAL EXPENDITURES 9,360 97,674 3,820 (5,540) 93,854 3.91%
Transfers In ‐ 40,000 ‐ ‐ ‐ 0.00%
NET TRANSFERS ‐ 40,000 ‐ ‐ ‐ 0.00%
CHANGE IN FUND BALANCE 13,452 ‐ 15,989 2,537 15,989 N/A
BEGINNING FUND BALANCE, Jan 1 603,760 677,710 677,710 73,950 ‐ 100.00%
ENDING FUND BALANCE, Mar 31 617,212$ 677,710$ 693,699$ 76,487$ 15,989$ 102.36%
CABLE COMMUNICATIONS
VARIANCE
FAVORABLE (UNFAVORABLE)
2020 2021 2021 YTD
YTD ACTUAL ANNUAL BUDGET YTD ACTUAL PRIOR YEAR BUDGET % BUDGET
REVENUES:
Charge for services ‐$ 24,200$ 24,200$ 24,200$ ‐$ 100.00%
Investment Earnings 1,158 ‐ 471 (687) 471 N/A
TOTAL REVENUES 1,158 24,200 24,671 23,513 471 101.95%
EXPENDITURES:
TOTAL EXPENDITURES ‐ ‐ ‐ ‐ ‐ N/A
NET TRANSFERS ‐ ‐ ‐ ‐ ‐ N/A
CHANGE IN FUND BALANCE 1,158 24,200 24,671 23,513 471 101.95%
BEGINNING FUND BALANCE, Jan 1 345,658 348,826 348,826 3,168 ‐ 100.00%
ENDING FUND BALANCE, Mar 31 346,816$ 373,026$ 373,497$ 26,681$ 471$ 100.13%
SPRINGBROOK WETLANDS
VARIANCE
FAVORABLE (UNFAVORABLE)
Quarterly Financial Report City of Renton, Washington 1st Quarter 2021
Page 17 of 41
Police Seizure Fund
The Police Seizure Fund was established in the 2nd quarter of 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 the 2nd quarter of 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.
2020 2021 2021 YTD
YTD ACTUAL ANNUAL BUDGET YTD ACTUAL PRIOR YEAR BUDGET % BUDGET
REVENUES:
Contributions ‐$ ‐$ 8,118$ 8,118$ 8,118$ N/A
Investment Earnings ‐ ‐ 1,098 1,098 1,098 N/A
TOTAL REVENUES ‐ ‐ 9,216 9,216 9,216 N/A
EXPENDITURES:
Supplies ‐ 872,449 20,379 20,379 852,070 2.34%
Contracted Services ‐ ‐ 13,625 13,625 (13,625) N/A
Capital Outlay ‐ ‐ 31,504 31,504 (31,504) N/A
TOTAL EXPENDITURES ‐ 872,449 65,508 65,508 806,941 7.51%
NET TRANSFERS ‐ ‐ ‐ ‐ ‐ N/A
CHANGE IN FUND BALANCE ‐ (872,449) (56,292) (56,292) 816,157 N/A
BEGINNING FUND BALANCE, Jan 1 ‐ 872,449 872,449 872,449 ‐ 100.00%
ENDING FUND BALANCE, Mar 31 ‐$ ‐$ 816,157$ 816,157$ 816,157$ N/A
POLICE SEIZURE
VARIANCE
FAVORABLE (UNFAVORABLE)
2020 2021 2021 YTD
YTD ACTUAL ANNUAL BUDGET YTD ACTUAL PRIOR YEAR BUDGET % BUDGET
REVENUES:
Fines and penalties ‐$ ‐$ 9,949$ 9,949$ 9,949$ N/A
Investment Earnings ‐ ‐ 204 204 204 N/A
TOTAL REVENUES ‐ ‐ 10,153 10,153 10,153 N/A
EXPENDITURES:
Contracted Services ‐ 150,637 ‐ ‐ (150,637) 0.00%
TOTAL EXPENDITURES ‐ 150,637 ‐ ‐ 150,637 0.00%
NET TRANSFERS ‐ ‐ ‐ ‐ ‐ N/A
CHANGE IN FUND BALANCE ‐ (150,637) 10,153 10,153 160,790 N/A
BEGINNING FUND BALANCE, Jan 1 ‐ 150,637 150,637 150,637 ‐ 100.00%
ENDING FUND BALANCE, Mar 31 ‐$ ‐$ 160,790$ 160,790$ 160,790$ N/A
POLICE CSAM SEIZURE
VARIANCE
FAVORABLE (UNFAVORABLE)
Quarterly Financial Report City of Renton, Washington 1st Quarter 2021
Page 18 of 41
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.
2020 2021 2021 YTD
YTD ACTUAL ANNUAL BUDGET YTD ACTUAL PRIOR YEAR BUDGET % BUDGET
REVENUES:
Charges for services 245,993$ 86,500$ 70,924$ (175,069)$ (15,576)$ 81.99%
Investment Earnings 7,004 ‐ 2,624 (4,380) 2,624 N/A
TOTAL REVENUES 252,997 86,500 73,548 (179,449) (12,952) 85.03%
TOTAL EXPENDITURES ‐ ‐ ‐ ‐ ‐ N/A
Transfers In ‐ 1,179,783 ‐ ‐ ‐ 0.00%
Transfers Out ‐ 1,830,328 ‐ ‐ 1,830,328 0.00%
NET TRANSFERS ‐ (650,545) ‐ ‐ 650,545 0.00%
CHANGE IN FUND BALANCE 252,997 (564,045) 73,548 (179,449) 637,593 ‐13.04%
BEGINNING FUND BALANCE, Jan 1 1,886,999 1,713,833 1,713,833 (173,166) ‐ 100.00%
ENDING FUND BALANCE, Mar 31 2,139,996$ 1,149,788$ 1,787,381$ (352,615)$ 637,593$ 155.45%
COMMUNITY SERVICES IMPACT MITIGATION
VARIANCE
FAVORABLE (UNFAVORABLE)
2020 2021 2021 YTD
YTD ACTUAL ANNUAL BUDGET YTD ACTUAL PRIOR YEAR BUDGET % BUDGET
REVENUES:
Charges for services 529,142$ 200,000$ 177,329$ (351,813)$ (22,671)$ 88.66%
Investment Earnings 11,261 ‐ 4,764 (6,497) 4,764 N/A
TOTAL REVENUES 540,403 200,000 182,093 (358,310) (17,907) 91.05%
TOTAL EXPENDITURES ‐ ‐ ‐ ‐ ‐ N/A
Transfers Out ‐ 172,869 ‐ ‐ 172,869 0.00%
NET TRANSFERS ‐ (172,869) ‐ ‐ 172,869 0.00%
CHANGE IN FUND BALANCE 540,403 27,131 182,093 (358,310) 154,962 N/A
BEGINNING FUND BALANCE, Jan 1 2,942,344 3,154,954 3,154,954 212,610 ‐ 100.00%
ENDING FUND BALANCE, Mar 31 3,482,747$ 3,182,085$ 3,337,047$ (145,700)$ 154,962$ 104.87%
TRANSPORTATION IMPACT MITIGATION
VARIANCE
FAVORABLE (UNFAVORABLE)
Quarterly Financial Report City of Renton, Washington 1st Quarter 2021
Page 19 of 41
REET 1 Fund
This fund was established in the 2nd quarter of 2020 to account 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 was established in the 2nd quarter of 2020 to account 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.
2020 2021 2021 YTD
YTD ACTUAL ANNUAL BUDGET YTD ACTUAL PRIOR YEAR BUDGET % BUDGET
REVENUES:
Taxes ‐$ 2,250,000$ 777,111$ 777,111$ (1,472,889)$ 34.54%
Investment Earnings ‐ ‐ 3,496 3,496 3,496 N/A
TOTAL REVENUES ‐ 2,250,000 780,607 780,607 (1,469,393) 34.69%
TOTAL EXPENDITURES ‐ ‐ ‐ ‐ ‐ N/A
Transfers Out ‐ 2,865,000 ‐ ‐ 2,865,000 0.00%
NET TRANSFERS ‐ (2,865,000) ‐ ‐ 2,865,000 0.00%
CHANGE IN FUND BALANCE ‐ (615,000) 780,607 780,607 1,395,607 ‐126.93%
BEGINNING FUND BALANCE, Jan 1 ‐ 2,042,269 2,042,269 2,042,269 ‐ 100.00%
ENDING FUND BALANCE, Mar 31 ‐$ 1,427,269$ 2,822,876$ 2,822,876$ 1,395,607$ 197.78%
REET 1
VARIANCE
FAVORABLE (UNFAVORABLE)
2020 2021 2021 YTD
YTD ACTUAL ANNUAL BUDGET YTD ACTUAL PRIOR YEAR BUDGET % BUDGET
REVENUES:
Taxes ‐$ 2,250,000$ 777,111$ 777,111$ (1,472,889)$ 34.54%
Investment Earnings ‐ ‐ 4,933 4,933 4,933 N/A
TOTAL REVENUES ‐ 2,250,000 782,044 782,044 (1,467,956) 34.76%
TOTAL EXPENDITURES ‐ ‐ ‐ ‐ ‐ N/A
Transfers In ‐ 3,177,680 ‐ ‐ (3,177,680) 0.00%
Transfers Out ‐ 7,066,705 ‐ ‐ 7,066,705 0.00%
NET TRANSFERS ‐ (3,889,025) ‐ ‐ 3,889,025 0.00%
CHANGE IN FUND BALANCE ‐ (1,639,025) 782,044 782,044 2,421,069 ‐47.71%
BEGINNING FUND BALANCE, Jan 1 ‐ 3,411,866 3,411,866 3,411,866 ‐ 100.00%
ENDING FUND BALANCE, Mar 31 ‐$ 1,772,841$ 4,193,910$ 4,193,910$ 2,421,069$ 236.56%
REET 2
VARIANCE
FAVORABLE (UNFAVORABLE)
Quarterly Financial Report City of Renton, Washington 1st Quarter 2021
Page 20 of 41
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 March 31 is provided on the following page. The budget for personnel costs is
included in the listing for ease of comparison to total expenditures shown in the table above, but personnel costs are not
considered projects and, therefore, any remaining budget would not be carried forward at the end of the year.
2020 2021 2021 YTD
YTD ACTUAL ANNUAL BUDGET YTD ACTUAL PRIOR YEAR BUDGET % BUDGET
REVENUES:
Grants / intergovernmental 398,612$ 997,025$ 657,353$ 258,741$ (339,672)$ 65.93%
Charges for services 140 ‐ 133,730 133,590 133,730 N/A
Sale of general fixed assets 160,000 ‐ 80,000 (80,000) 80,000 N/A
Investment Earnings 101,531 86,185 30,200 (71,331) (55,985) 35.04%
TOTAL REVENUES 660,283 1,094,210 901,283 241,000 (192,927) 82.37%
EXPENDITURES:
Personnel 159,999 731,324 138,405 (21,593) 592,919 18.93%
Contracted Services 4,604 123,348 18,420 13,816 104,928 14.93%
Capital Outlay 1,217,740 23,006,189 335,909 (881,831) 22,670,280 1.46%
TOTAL EXPENDITURES 1,382,343 23,867,946 492,734 (889,608) 23,375,212 2.06%
Transfers In ‐ 7,649,008 ‐ ‐ (7,649,008) 0.00%
Transfers Out ‐ 4,357,463 ‐ ‐ 4,357,463 0.00%
NET TRANSFERS ‐ 3,291,545 ‐ ‐ (12,006,471) 0.00%
CHANGE IN FUND BALANCE (722,060) (19,482,191) 408,549 1,130,609 19,890,740 ‐2.10%
BEGINNING FUND BALANCE, Jan 1 26,395,567 20,298,663 20,298,663 (6,096,904) ‐ 100.00%
ENDING FUND BALANCE, Mar 31 25,673,507$ 816,472$ 20,707,212$ (4,966,295)$ 19,890,740$ 2536.18%
MUNICIPAL FACILITIES CIP
VARIANCE
FAVORABLE (UNFAVORABLE)
Quarterly Financial Report City of Renton, Washington 1st Quarter 2021
Page 21 of 41
Municipal Facilities CIP Fund (continued)
PROJECT BUDGET ACTUAL BALANCE
CAPITAL PROJECT COORDINATORS 731,324$ 138,405$ 592,919$
SUNSET NEIGHBORHOOD PARK ART 86,856 10,200 76,656
CITY HALL ELEVATORS 1,465,583 42,546 1,423,037
CITY WIDE SECURITY SYSTEM UPGRADES 353,913 4,952 348,961
COMM SVCS MAINT SHOPS REHAB 299,946 - 299,946
SIGN SHOP IMPROVEMENTS 2,824 - 2,824
CITY HALL MAJOR HVAC AND FIRE COMP REPL 2,629,288 187,216 2,442,072
RCC AUDIO AND VIDEO SYSTEMS 56,000 - 56,000
PUBLIC WORKS SHOPS - GENERATOR REPL 144,000 - 144,000
BOATHOUSE 14,763 7,352 7,411
HENRY MOSES AQUATIC CENTER 88,644 - 88,644
SPORT COURT IMPROVEMENTS 215,000 - 215,000
PARKING LOT AND DRIVEWAY REPAIRS 90,000 - 90,000
IRRIGATION AUTOMATION & CONSERVATION 7,085 - 7,085
URBAN FORESTRY PROGRAM 103,348 11,383 91,965
PARKS MM - PLAYGRDS, KIOSKS & INT SIGNS 325,000 - 325,000
PARKS MM - SHORELINE AND BANK STABILIZAT 182,350 - 182,350
PARKS MM - STRUCTURAL REVIEWS & REPAIRS 14,913 11,914 2,999
SUNSET EIS PARK 149,010 - 149,010
COULON PARK STRUCTURAL IMPROVEMENTS 150 150 -
COULON PARK TURF REPLACEMENT 50,788 - 50,788
COULON SWIM BEACH 250,000 - 250,000
LIBERTY PARK IMPROVEMENTS 525,852 - 525,852
TRANSPORTATION LANDSCAPE 90,000 - 90,000
PHILIP ARNOLD PARK IMPROVEMENTS 5,951,133 19,592 5,931,541
KIWANIS PARK 6,062,100 15,621 6,046,479
COULON - WATERWALK 2,538,220 31,072 2,507,148
COULON - TRESTLE BRIDGE 1,429,856 12,331 1,417,525
COULON - ROSEWALL REPAIRS & MAINTENANCE 10,000 - 10,000
TOTAL PROJECT BALANCES 23,867,946$ 492,734$ 23,375,212$
MUNICIPAL FACILITIES CIP PROJECT BUDGETS AT MARCH 31, 2021
Quarterly Financial Report City of Renton, Washington 1st Quarter 2021
Page 22 of 41
Capital Improvement Fund
This fund accounts for the City’s Transportation capital projects.
A listing of project budgets and balances at March 31 is provided on the following page.
2020 2021 2021 YTD
YTD ACTUAL ANNUAL BUDGET YTD ACTUAL PRIOR YEAR BUDGET % BUDGET
REVENUES:
Grants / intergovernmental 468,834$ 27,558,159$ 3,181,248$ 2,712,414$ (24,376,911)$ 11.54%
Charges for services 250,000 ‐ ‐ (250,000) ‐ N/A
Fines and penalties 5,746 ‐ 12,837 7,091 12,837 N/A
Investment Earnings 62,228 ‐ 22,911 (39,317) 22,911 N/A
TOTAL REVENUES 786,808 27,558,159 3,216,996 2,430,188 (24,341,163) 11.67%
EXPENDITURES:
Personnel 25,426 56,000 13,933 (11,493) 42,067 24.88%
Supplies ‐ 40,000 ‐ ‐ 40,000 0.00%
Contracted Services 4,475 28,683 13,931 9,456 14,752 48.57%
Capital Outlay 611,111 44,535,040 1,638,724 1,027,613 42,896,316 3.68%
TOTAL EXPENDITURES 641,012 44,659,723 1,666,588 1,025,576 42,993,135 3.73%
Transfers In ‐ 2,172,869 ‐ ‐ (2,172,869) 0.00%
NET TRANSFERS ‐ 2,172,869 ‐ ‐ (2,172,869) 0.00%
CHANGE IN FUND BALANCE 145,796 (14,928,695) 1,550,408 1,404,612 16,479,103 N/A
BEGINNING FUND BALANCE, Jan 1 18,947,853 16,792,413 16,792,413 (2,155,440) ‐ 100.00%
ENDING FUND BALANCE, Mar 31 19,093,649$ 1,863,718$ 18,342,821$ (750,828)$ 16,479,103$ 984.21%
CAPITAL IMPROVEMENT
VARIANCE
FAVORABLE (UNFAVORABLE)
Quarterly Financial Report City of Renton, Washington 1st Quarter 2021
Page 23 of 41
Capital Improvement Fund (continued)
PROJECT BUDGET ACTUAL BALANCE
WALKWAY PGM 267,096$ -$ 267,096$
NE 31ST ST CULVERT 12,228 12,090 138
ARTERIAL CIRCULATION PGM 79,564 12,202 67,362
BRIDGE INSPECTION & REPAIR 245,909 8,246 237,663
ROADWAY SAFETY & GUARDRAIL 89,407 - 89,407
CATCH BASIN REPAIR 250,000 - 250,000
RENTON CONNECTOR 1,747,812 606 1,747,206
STREET OVERLAY PGM 1,465,902 9,507 1,456,395
TRAFFIC SAFETY PGM 117,808 - 117,808
PROJ DEV & PRE-DESIGN 111,733 - 111,733
SO 7TH ST 135,000 - 135,000
ITS PGM 86,128 - 86,128
RENTON AVE EXT PRES 40,920 15,409 25,511
PARK AVE EXTENSION 7,394,795 28,651 7,366,144
RAINIER AVE S/N PHASE 4 4,568,763 32,774 4,535,989
INTERSECT SAFETY & MOBILITY 335,610 - 335,610
NE 31ST ST BRIDGE REPLACEMENT 248,046 15,369 232,677
N 27TH PL CULVERT SCOUR REPAIR 66,622 20,112 46,510
DUVALL AVE 7TH TO SUNSET 6,499,523 1,186 6,498,337
BARRIER FREE 113,883 - 113,883
SIDEWALK REHAB 100,000 - 100,000
LAKE WASHINGTON LOOP TRAIL 2,569,361 50,221 2,519,140
HIGHLANDS TO LANDING 422,490 95,966 326,524
SUNSET BLVD CORRIDOR 4,421,053 24,402 4,396,651
PRES OF TOD 173,496 - 173,496
WILLIAMS AVE S & WELLS AVE S CONV 6,495,074 1,268,641 5,226,433
ARTERIAL REHAB - SW 43RD 1,169,960 - 1,169,960
BRONSON BRIDGE 463,766 13,587 450,179
HOUSER WAY N BRIDGE 531,247 1,792 529,455
WILLIAMS BRIDGE 649,992 1,793 648,199
S 2ND STREET CONVERSION 1,545,494 268 1,545,226
HOUSER WAY INT & PED IMP 730,465 4,640 725,825
RENTON SCHOOL CROSSINGS 688,384 1,196 687,188
SAFE ROUTES TO TRANSIT 763,592 47,930 715,662
I-405 RENTON TO BELLEVUE-TRANS 58,600 - 58,600
TOTAL PROJECT BALANCES 44,659,723$ 1,666,588$ 42,993,135$
CAPITAL IMPROVEMENT PROJECT BUDGETS AT MARCH 31, 2021
Quarterly Financial Report City of Renton, Washington 1st Quarter 2021
Page 24 of 41
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 is included in the 1st quarter 2021 budget adjustment.
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.
Capital Outlay – The decrease in capital outlay from the prior year is due to timing of project costs within the overall project.
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.
2020 2021 2021 YTD
YTD ACTUAL ANNUAL BUDGET YTD ACTUAL PRIOR YEAR BUDGET % BUDGET
REVENUES:
Investment Earnings 235$ ‐$ ‐$ (235)$ ‐$ N/A
TOTAL REVENUES 235 ‐ ‐ (235) ‐ N/A
TOTAL EXPENDITURES ‐ ‐ ‐ ‐ ‐ N/A
Transfers Out ‐ 16,679 ‐ ‐ 16,679 0.00%
NET TRANSFERS ‐ (16,679) ‐ ‐ 16,679 N/A
CHANGE IN FUND BALANCE 235 (16,679) ‐ (235) 16,679 N/A
BEGINNING FUND BALANCE, Jan 1 16,408 16,679 16,679 271 ‐ 100.00%
ENDING FUND BALANCE, Mar 31 16,643$ ‐$ 16,679$ 36$ 16,679$ N/A
NEW LIBRARY DEVELOPMENT
VARIANCE
FAVORABLE (UNFAVORABLE)
2020 2021 2021 YTD
YTD ACTUAL ANNUAL BUDGET YTD ACTUAL PRIOR YEAR BUDGET % BUDGET
REVENUES:
Grants / intergovernmental ‐$ 75,000$ ‐$ ‐$ (75,000)$ 0.00%
Investment Earnings 28,052 ‐ 11,132 (16,920) 11,132 N/A
TOTAL REVENUES 28,052 75,000 11,132 (16,920) (63,868) 14.84%
EXPENDITURES:
Capital Outlay 163,516 872,775 25,513 (138,003) 847,262 2.92%
TOTAL EXPENDITURES 163,516 872,775 25,513 (138,003) 847,262 2.92%
NET TRANSFERS ‐ ‐ ‐ ‐ ‐ N/A
CHANGE IN FUND BALANCE (135,464) (797,775) (14,381) 121,083 783,394 N/A
BEGINNING FUND BALANCE, Jan 1 8,551,401 8,356,704 8,356,704 (194,697) ‐ 100.00%
ENDING FUND BALANCE, Mar 31 8,415,937$ 7,558,929$ 8,342,323$ (73,614)$ 783,394$ 110.36%
FAMILY FIRST CENTER
VARIANCE
FAVORABLE (UNFAVORABLE)
Quarterly Financial Report City of Renton, Washington 1st Quarter 2021
Page 25 of 41
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 Outlay”.
Airport Fund
This fund accounts for revenues and expenses for administration, debt service, operation, capital improvements, and
maintenance of the Renton Municipal Airport.
Capital Outlay ‐ A listing of project budgets and balances at March 31 is provided on the following page.
2020 2021 2021 YTD
YTD ACTUAL ANNUAL BUDGET YTD ACTUAL PRIOR YEAR BUDGET % BUDGET
REVENUES:
Charges for services 29,852$ 145,557$ 15,709$ (14,143)$ (129,848)$ 10.79%
Rents, leases, and misc fees 768,019 2,902,353 811,952 43,933 (2,090,401) 27.98%
Interest and other misc 21,467 3,857 10,288 (11,179) 6,431 266.74%
TOTAL REVENUES 819,338 3,051,767 837,949 18,611 (2,213,818) 27.46%
EXPENSES:
Personnel 272,259 1,298,337 257,617 14,642 1,040,720 19.84%
Supplies 2,737 35,630 5,774 (3,037) 29,856 16.21%
Contracted Services 95,942 990,150 79,516 16,426 910,634 8.03%
Internal Services 85,681 393,723 100,067 (14,386) 293,656 25.42%
TOTAL OPERATING EXPENSES 456,619 2,717,840 442,974 13,645 2,274,866 16.30%
AMOUNT AVAILABLE FOR DEBT SERVICE,
CAPITAL, AND TRANSFERS 362,719 333,927 394,975 32,256 61,048 118.28%
TOTAL DEBT SERVICE ‐ ‐ ‐ ‐ ‐ N/A
CAPITAL OUTLAY 132,819 6,047,008 52,569 80,250 5,994,439 0.87%
TRANSFERS OUT 1,363 ‐ ‐ 1,363 ‐ N/A
NET TRANSFERS (1,363) ‐ ‐ 1,363 ‐ N/A
CHANGE IN FUND BALANCE 228,537 (5,713,081) 342,406 113,869 6,055,487 N/A
BEGINNING FUND BALANCE, Jan 1 6,259,402 7,558,405 7,558,405 1,299,003 ‐ 100.00%
ENDING FUND BALANCE, Mar 31 6,487,939$ 1,845,324$ 7,900,811$ 1,412,872$ 6,055,487$ 428.15%
Operating Reserve 190,480 216,784 216,784
AVAILABLE FUND BALANCE 6,297,459$ 1,628,540$ 7,684,027$
VARIANCE
AIRPORT
Quarterly Financial Report City of Renton, Washington 1st Quarter 2021
Page 26 of 41
Airport Fund (continued)
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.
Capital Outlay ‐ The Solid Waste Fund does not have a capital fund.
PROJECT BUDGET ACTUAL BALANCE
MAINTENANCE DREDGING & SHORELINE MITIGAT 142,000$ -$ 142,000$
AIRPORT OFFICE REHAB 2,718,316 - 2,718,316
MAJOR FACILITY MAINTENANCE 451,135 41,426 409,709
SURFACE WATER SYSTEM REHABILITATION 94,496 - 94,496
PAVEMENT MANAGEMENT PROGRAM 505,930 11,143 494,787
SNOW REMOVAL EQUIPMENT 167,000 - 167,000
MASTER PLAN UPDATE 26,277 2,812 23,465
TAXIWAY ALPHA REHABILITATION 1,317,495 - 1,317,495
RUNWAY SAFETY AREA 774,359 - 774,359
ENVIRONMENTAL IMPACT STUDY 400,000 - 400,000
TOTAL PROJECT BALANCES 6,597,008$ 55,381$ 6,541,627$
Non-capital items included in project budgets (550,000) (2,812) (547,188)
Operating fund equipment purchase - - -
TOTAL CAPITAL OUTLAY 6,047,008$ 52,569$ 5,994,439$
AIRPORT PROJECT BALANCES AT MARCH 31, 2021
2020 2021 2021 YTD
YTD ACTUAL ANNUAL BUDGET YTD ACTUAL PRIOR YEAR BUDGET % BUDGET
REVENUES:
Grants / intergovernmental 89,664$ ‐$ 62,807$ (26,857)$ 62,807$ N/A
Charges for services 5,258,251 22,636,386 5,189,285 (68,966) (17,447,101) 22.92%
Interest and other misc 9,894 5,000 3,463 (6,431) (1,537) 69.26%
TOTAL REVENUES 5,357,809 22,641,386 5,255,555 (102,254) (17,385,831) 23.21%
EXPENSES:
Personnel 155,464 727,085 115,590 39,874 611,495 15.90%
Supplies 617 11,900 341 276 11,559 2.87%
Contracted Services 4,259,450 21,542,403 4,154,577 104,873 17,387,826 19.29%
Internal Services 128,547 307,835 80,262 48,285 227,573 26.07%
TOTAL OPERATING EXPENSES 4,544,078 22,589,223 4,350,770 193,308 18,238,453 19.26%
AMOUNT AVAILABLE FOR DEBT SERVICE,
CAPITAL, AND TRANSFERS 813,731 52,163 904,785 91,054 852,622 1734.53%
TOTAL DEBT SERVICE ‐ ‐ ‐ ‐ ‐ N/A
CAPITAL OUTLAY ‐ ‐ ‐ ‐ ‐ N/A
NET TRANSFERS ‐ ‐ ‐ ‐ ‐ N/A
CHANGE IN FUND BALANCE 813,731 52,163 904,785 91,054 852,622 1734.53%
BEGINNING FUND BALANCE, Jan 1 2,266,127 2,771,562 2,771,562 505,435 ‐ 100.00%
ENDING FUND BALANCE, Mar 31 3,079,858$ 2,823,725$ 3,676,347$ 596,489$ 852,622$ 130.19%
Operating Reserve 400,000 400,000 400,000
AVAILABLE FUND BALANCE 2,679,858$ 2,423,725$ 3,276,347$
SOLID WASTE
VARIANCE
Quarterly Financial Report City of Renton, Washington 1st Quarter 2021
Page 27 of 41
Golf Course Fund
This fund accounts for revenues and expenses for administration, debt service, operation, capital improvements, and
maintenance of the Maplewood Golf Course.
Capital Outlay – A listing of project budgets and balances at March 31 is as follows:
2020 2021 2021 YTD
YTD ACTUAL ANNUAL BUDGET YTD ACTUAL PRIOR YEAR BUDGET % BUDGET
REVENUES:
Charges for services 280,571$ 2,304,205$ 428,492$ 147,921$ (1,875,713)$ 18.60%
Rents, leases, and misc fees 47,169 527,600 34,674 (12,495) (492,926) 6.57%
Interest and other misc 1,611 1,370 1,471 (140) 101 107.37%
TOTAL REVENUES 329,351 2,833,175 464,637 135,286 (2,368,538) 16.40%
EXPENSES:
Personnel 333,370 1,673,092 348,236 (14,866) 1,324,856 20.81%
Supplies 79,643 321,500 53,211 26,432 268,289 16.55%
Contracted Services 35,415 176,150 39,562 (4,147) 136,588 22.46%
Internal Services 88,102 350,258 87,565 537 262,693 25.00%
TOTAL OPERATING EXPENSES 536,530 2,521,000 528,574 7,956 1,992,426 20.97%
AMOUNT AVAILABLE FOR DEBT SERVICE,
CAPITAL, AND TRANSFERS (207,179) 312,175 (63,937) 143,242 (376,112) ‐20.48%
TOTAL DEBT SERVICE ‐ ‐ ‐ ‐ ‐ N/A
CAPITAL OUTLAY ‐ 45,000 ‐ ‐ 45,000 0.00%
TRANSFERS IN 19,000 68,100 17,025 (1,975) (51,075) 25.00%
TRANSFERS OUT 21,695 68,100 17,025 4,670 51,075 25.00%
NET TRANSFERS (2,695) ‐ ‐ 2,695 ‐ N/A
CHANGE IN FUND BALANCE (209,874) 267,175 (63,937) 145,937 (331,112) ‐23.93%
BEGINNING FUND BALANCE, Jan 1 173,750 476,746 476,746 302,996 ‐ 100.00%
ENDING FUND BALANCE, Mar 31 (36,124)$ 743,921$ 412,809$ 448,933$ (331,112)$ 55.49%
Operating Reserve 585,769 641,500 641,500
AVAILABLE FUND BALANCE (621,893)$ 102,421$ (228,691)$
GOLF COURSE
VARIANCE
PROJECT BUDGET ACTUAL BALANCE
MACHINERY & EQUIPMENT 25,000$ -$ 25,000$
GOLF MM COURSE - MAINTENANCE 43,100 - 43,100
TOTAL PROJECT BALANCES 68,100$ -$ 68,100$
Non-capital items included in project budgets (43,100) - (43,100)
Operating fund equipment purchase 20,000 - 20,000
TOTAL CAPITAL OUTLAY 45,000$ -$ 45,000$
GOLF PROJECT BALANCES AT MARCH 31, 2021
Quarterly Financial Report City of Renton, Washington 1st Quarter 2021
Page 28 of 41
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.
Capital Outlay ‐ A listing of project budgets and balances at March 31 is provided on the following page.
2020 2021 2021 YTD
YTD ACTUAL ANNUAL BUDGET YTD ACTUAL PRIOR YEAR BUDGET % BUDGET
REVENUES:
Charges for services 3,640,732$ 17,314,812$ 3,748,189$ 107,457$ (13,566,623)$ 21.65%
Rents, leases, and misc fees 48,809 136,591 51,334 2,525 (85,257) 37.58%
Interest and other misc 319,282 521,000 219,173 (100,109) (301,827) 42.07%
TOTAL REVENUES 4,008,823 17,972,403 4,018,696 9,873 (13,953,707) 22.36%
EXPENSES:
Personnel 1,077,642 4,753,110 1,149,257 (71,615) 3,603,853 24.18%
Supplies 171,772 885,590 181,484 (9,712) 704,106 20.49%
Contracted Services 708,814 3,290,219 653,816 54,998 2,636,403 19.87%
Internal Services 581,918 2,799,928 673,808 (91,890) 2,126,120 24.07%
TOTAL OPERATING EXPENSES 2,540,146 11,728,847 2,658,365 (118,219) 9,070,482 22.67%
AMOUNT AVAILABLE FOR DEBT SERVICE,
CAPITAL, AND TRANSFERS 1,468,677 6,243,556 1,360,331 (108,346) (4,883,225) 21.79%
DEBT SERVICE:
Principal ‐ 1,563,068 ‐ ‐ 1,563,068 0.00%
Interest ‐ 216,506 ‐ ‐ 216,506 0.00%
TOTAL DEBT SERVICE ‐ 1,779,574 ‐ ‐ 1,779,574 0.00%
CAPITAL OUTLAY 744,955 35,563,246 659,420 85,535 34,903,826 1.85%
TRANSFERS OUT 330 ‐ ‐ 330 ‐ N/A
NET TRANSFERS (330) ‐ ‐ 330 ‐ N/A
CHANGE IN FUND BALANCE 723,392 (31,099,264) 700,911 (22,481) 31,800,175 N/A
BEGINNING FUND BALANCE, Jan 1 37,569,067 40,776,314 40,776,314 3,207,247 ‐ 100.00%
ENDING FUND BALANCE, Mar 31 38,292,459$ 9,677,050$ 41,477,225$ 3,184,766$ 31,800,175$ 428.61%
Restricted for Debt Service 1,394,050 1,394,050 1,394,050
Operating Reserve 3,072,760 1,624,606 1,624,606
AVAILABLE FUND BALANCE 33,825,649$ 6,658,394$ 38,458,569$
WATER UTILITY
VARIANCE
Quarterly Financial Report City of Renton, Washington 1st Quarter 2021
Page 29 of 41
Water Utility Fund (continued)
PROJECT BUDGET ACTUAL BALANCE
PIPE OVERSIZING COSTS 100,000$ -$ 100,000$
TELEMETRY IMPROVEMENTS-PHASE 4 227,965 2,308 225,657
WATER SYSTEM PLAN UPDATE 334,254 26,128 308,126
UPDATE EMERGENCY RESPONSE PLAN 221,490 4,560 216,930
STEEL/AC WATERMAIN REPLC PLAN 1,553,482 1,100 1,552,382
RESERVOIR RECOATING 194,600 - 194,600
EMERGENCY RESPONSE PROJ 100,000 - 100,000
DOWNTOWN WATER MAIN REPLACEMENT 3,309,613 166,910 3,142,703
WATER PUMP STATIONS REHAB 400,000 - 400,000
RESERVOIR PRV METERS 337,235 7,983 329,252
MPLWD WATER TREATMENT IMPROV - CONST 715,241 - 715,241
MAPLEWOOD PUMP STATION ROOF REPLACEMENT - 743 (743)
HIGHLANDS WATER MAIN IMPROVEMENT 1,078,738 2,411 1,076,327
DUVALL AVE NE WATER MAIN REPLACEMENT 457,600 - 457,600
EMERGENCY POWER TO PUMP STATION 290,586 - 290,586
WATER SYSTEM SECURITY IMPROVEMENTS 100,000 - 100,000
AQUIFER MONITORING AND MANAGEMENT 30,000 - 30,000
WATER TREATMENT FILTER MEDIA 392,936 1,093 391,843
WSDOT I-405 WATER RELOCATIONS 536,810 - 536,810
AUTOMATIC METER READING CONVERSION 196,115 - 196,115
HIGHLANDS 435-RESERVOIRS REPLACEMENT 23,065,776 17,436 23,048,340
RAINIER AVE S ROAD & UTILITIES IMPRVMNT 300,000 - 300,000
KENNYDALE 320-RESERVOIR 1,390,842 454,876 935,966
BRONSN/HOUSR/WILLIAM BRIDGES WTRMAINREPL 200,000 - 200,000
TOTAL PROJECT BALANCES 35,533,283$ 685,548$ 34,847,735$
Non-capital items included in project budgets - (26,128) 26,128
Operating fund equipment purchase 29,963 - 29,963
TOTAL CAPITAL OUTLAY 35,563,246$ 659,420$ 34,903,826$
WATER UTILITY FUND PROJECT BALANCES AT MARCH 31, 2021
Quarterly Financial Report City of Renton, Washington 1st Quarter 2021
Page 30 of 41
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.
Capital Outlay ‐ A listing of project budgets and balances at March 31 is provided on the following page.
2020 2021 2021 YTD
YTD ACTUAL ANNUAL BUDGET YTD ACTUAL PRIOR YEAR BUDGET % BUDGET
REVENUES:
Licenses and permits 31,775$ 62,111$ 18,375$ (13,400)$ (43,736)$ 29.58%
Charges for services 2,718,672 11,280,375 2,718,718 46 (8,561,657) 24.10%
Fines and penalties ‐ ‐ 695 695 695 N/A
Interest and other misc 195,401 444,000 175,857 (19,544) (268,143) 39.61%
TOTAL REVENUES 2,945,848 11,786,486 2,913,645 (32,203) (8,872,841) 24.72%
EXPENSES:
Personnel 567,578 2,651,185 554,170 13,408 2,097,015 20.90%
Supplies 9,863 73,842 16,040 (6,177) 57,802 21.72%
Contracted Services 485,390 2,989,196 505,487 (20,097) 2,483,709 16.91%
Internal Services 417,264 1,967,280 494,334 (77,070) 1,472,946 25.13%
TOTAL OPERATING EXPENSES 1,480,095 7,681,503 1,570,031 (89,936) 6,111,472 20.44%
AMOUNT AVAILABLE FOR DEBT SERVICE,
CAPITAL, AND TRANSFERS 1,465,753 4,104,983 1,343,614 (122,139) (2,761,369) 32.73%
DEBT SERVICE:
Principal ‐ 612,850 ‐ ‐ 612,850 0.00%
Interest ‐ 97,301 ‐ ‐ 97,301 0.00%
TOTAL DEBT SERVICE ‐ 710,151 ‐ ‐ 710,151 0.00%
CAPITAL OUTLAY 147,176 20,241,883 331,771 (184,595) 19,910,112 1.64%
NET TRANSFERS ‐ ‐ ‐ ‐ ‐ N/A
CHANGE IN FUND BALANCE 1,318,577 (16,847,051) 1,011,843 (306,734) 17,858,894 N/A
BEGINNING FUND BALANCE, Jan 1 19,832,351 23,996,217 23,996,217 4,163,866 ‐ 100.00%
ENDING FUND BALANCE, Mar 31 21,150,928$ 7,149,166$ 25,008,060$ 3,857,132$ 17,858,894$ 349.80%
Restricted for Debt Service 661,227 661,227 661,227
Operating Reserve 1,489,966 913,756 913,756
AVAILABLE FUND BALANCE 18,999,735$ 5,574,183$ 23,433,077$
WASTEWATER UTILITY
VARIANCE
Quarterly Financial Report City of Renton, Washington 1st Quarter 2021
Page 31 of 41
Wastewater Utility Fund (continued)
PROJECT BUDGET ACTUAL BALANCE
MISCELANEOUS SEWER PROJECTS 379,419$ 349$ 379,070$
2008 LONG-RANGE WW MANAG PLAN 62,597 14,484 48,113
WASTEWATER OPERATIONS MASTER PLAN 724,622 - 724,622
FALCON RIDGE LS REHAB - 133 (133)
THUNDER HILL INT REPL/REHAB 3,074,074 18,134 3,055,940
FORCE MAIN REHABILITATION REPLACEMENT 1,883,308 1,929 1,881,379
LIFT STATION REHABILITATION 1,879,795 1,993 1,877,802
DOWNTOWN SEWER REPLACEMENT/REHAB 7,192,313 242,608 6,949,705
2019 SANITARY SEWER REHAB/REPLACEMENT - 550 (550)
2020 SANITARY SEWER REHAB/REPLACEMENT - 3,927 (3,927)
KENNYDALE LAKELINE SEWER UPGRADE 3,344,460 62,396 3,282,064
SANITARY SEWER REHAB/REPLACEMENT 2,478,314 102 2,478,212
TOTAL PROJECT BALANCES 21,018,902$ 346,605$ 20,672,297$
Non-capital items included in project budgets (787,219) (14,834) (772,385)
Operating fund equipment purchase 10,200 - 10,200
TOTAL CAPITAL OUTLAY 20,241,883$ 331,771$ 19,910,112$
WASTEWATER UTILITY FUND PROJECT BALANCES AT MARCH 31, 2021
Quarterly Financial Report City of Renton, Washington 1st Quarter 2021
Page 32 of 41
King County Metro Fund
This fund accounts for revenues and expenses for operation of the City’s wastewater utility, as it relates to charges for and
payment to King County Metro for water treatment services.
Capital Outlay ‐ The King County Metro Fund does not have a capital fund.
2020 2021 2021 YTD
YTD ACTUAL ANNUAL BUDGET YTD ACTUAL PRIOR YEAR BUDGET % BUDGET
REVENUES:
Charges for services 4,277,356$ 17,607,838$ 4,226,071$ (51,285)$ (13,381,767)$ 24.00%
Interest and other misc 20,073 ‐ 5,872 (14,201) 5,872 N/A
TOTAL REVENUES 4,297,429 17,607,838 4,231,943 (65,486) (13,375,895) 24.03%
EXPENSES:
Contracted Services 4,244,070 17,607,838 4,369,980 (125,910) 13,237,858 24.82%
TOTAL OPERATING EXPENSES 4,244,070 17,607,838 4,369,980 (125,910) 13,237,858 24.82%
AMOUNT AVAILABLE FOR DEBT SERVICE,
CAPITAL, AND TRANSFERS 53,359 ‐ (138,037) (191,396) (138,037) N/A
TOTAL DEBT SERVICE ‐ ‐ ‐ ‐ ‐ N/A
CAPITAL OUTLAY ‐ ‐ ‐ ‐ ‐ N/A
NET TRANSFERS ‐ ‐ ‐ ‐ ‐ N/A
CHANGE IN FUND BALANCE 53,359 ‐ (138,037) (191,396) (138,037) N/A
BEGINNING FUND BALANCE, Jan 1 5,961,906 4,729,749 4,729,749 (1,232,157) ‐ 100.00%
ENDING FUND BALANCE, Mar 31 6,015,265$ 4,729,749$ 4,591,712$ (1,423,553)$ (138,037)$ 97.08%
Operating Reserve 380,000 380,000 380,000
AVAILABLE FUND BALANCE 5,635,265$ 4,349,749$ 4,211,712$
KING COUNTY METRO
VARIANCE
Quarterly Financial Report City of Renton, Washington 1st Quarter 2021
Page 33 of 41
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.
Capital Outlay ‐ A listing of project budgets and balances at March 31 is provided on the following page.
2020 2021 2021 YTD
YTD ACTUAL ANNUAL BUDGET YTD ACTUAL PRIOR YEAR BUDGET % BUDGET
REVENUES:
Licenses and permits 23,225$ 50,708$ 10,500$ (12,725)$ (40,208)$ 20.71%
Grants / intergovernmental 560,614 11,424,296 229,949 (330,665) (11,194,347) 2.01%
Charges for services 2,939,386 12,101,509 3,249,026 309,640 (8,852,483) 26.85%
Interest and other misc 147,609 609,250 99,013 (48,596) (510,237) 16.25%
TOTAL REVENUES 3,670,834 24,185,763 3,588,488 (82,346) (20,597,275) 14.84%
EXPENSES:
Personnel 876,981 3,730,881 938,278 (61,297) 2,792,603 25.15%
Supplies 32,131 175,848 25,264 6,867 150,584 14.37%
Contracted Services 373,515 4,198,022 385,637 (12,122) 3,812,385 9.19%
Internal Services 520,698 2,643,197 681,256 (160,558) 1,961,941 25.77%
TOTAL OPERATING EXPENSES 1,803,325 10,747,948 2,030,435 (227,110) 8,717,513 18.89%
AMOUNT AVAILABLE FOR DEBT SERVICE,
CAPITAL, AND TRANSFERS 1,867,509 13,437,815 1,558,053 (309,456) (11,879,762) 11.59%
DEBT SERVICE:
Principal ‐ 499,900 ‐ ‐ 499,900 0.00%
Interest 130,000 630,950 ‐ 130,000 630,950 0.00%
TOTAL DEBT SERVICE 130,000 1,130,850 ‐ 130,000 1,130,850 0.00%
CAPITAL OUTLAY 379,244 19,607,962 503,171 (123,927) 19,104,791 2.57%
Transfers Out ‐ 18,347 ‐ ‐ 18,347 0.00%
NET TRANSFERS ‐ (18,347) ‐ ‐ 18,347 N/A
CHANGE IN FUND BALANCE 1,358,265 (7,319,344) 1,054,882 (303,383) 8,374,226 N/A
BEGINNING FUND BALANCE, Jan 1 18,377,556 21,610,356 21,610,356 3,232,800 ‐ 100.00%
ENDING FUND BALANCE, Mar 31 19,735,821$ 14,291,012$ 22,665,238$ 2,929,417$ 8,374,226$ 158.60%
Restricted for Debt Service 754,868 754,868 754,868
Operating Reserve 1,252,915 1,109,340 1,109,340
AVAILABLE FUND BALANCE 17,728,038$ 12,426,804$ 20,801,030$
SURFACE WATER UTILITY
VARIANCE
Quarterly Financial Report City of Renton, Washington 1st Quarter 2021
Page 34 of 41
Surface Water Utility Fund (continued)
PROJECT BUDGET ACTUAL BALANCE
COMP S&SW MGMT PLAN P&D 28,474$ 3,400$ 25,074$
SM DRAINAGE PROBLEMS 578,564 5,774 572,790
PANTHER CR WL MOSQUITO ABATEMENT 95,776 1,071 94,705
MADSEN CREEK SEDIMENT BASIN 84,291 1,107 83,184
SMALL DRAINAGE PROJ-MAPLEWOOD SEDIMENT 101,000 1,026 99,974
WETLAND MITIGATION BANK 109,586 8,295 101,291
ACOE 205 PROJECT 58,737 - 58,737
CEDAR RIVER GRAVEL REMOVAL 2,681,201 43,111 2,638,090
RENTON STORM WATER MANUAL 68,147 - 68,147
GREEN RIVER ECOSYSTEM STUDY 48,177 - 48,177
MISCELLANEOUS/EMERGENCY/STORM PROJECTS 100,000 - 100,000
SURFACE WATER UTILITY GIS 121,755 31,268 90,487
HARDIE AVE S UNDERPASS STORM SYSTEM IMPR 2,391 - 2,391
MONROE AVE/N 2ND ST 826,497 52,008 774,489
STORMWATER FACILITY FENCING PROJECT 262,200 1,528 260,672
CEDAR RIVER 205 LEVEE RECERTIFICATION 4,532,900 9,727 4,523,173
SE 172ND ST/125TH AVE SE 140,399 27,317 113,082
RAINIER AVE/OAKSDALE AVE PUMP STATION UP 147,121 16,336 130,785
NE 16TH/JEFFERSON AVE NE 2,623,430 17,886 2,605,544
DOWNTOWN STORM SYSTEM IMPROVEMENT PROJEC 5,705,777 263,845 5,441,932
HEATHER DOWNS DETENTION POND 786,921 6,876 780,045
MADSEN CRK IMPROV PHASE 1-KCFCD 843,598 21,301 822,297
RAINIER AVE/BENSON RD S - CULVERT REPL - 3,670 (3,670)
CMP STORM SYSTEM REPLACEMENT PROJECT 559,038 16,636 542,402
CEDAR RIVER FLOOD RISK REDUCTION 491,545 4,112 487,433
STORMWATER FACILITY RETROFIT STUDY 271,810 42,258 229,552
BURNETT AVE S/WILLIAMS AVE S 495,797 43,556 452,241
WSDOT LA ROW RUNOFF IMPACT MITIGATION 145,471 19,218 126,253
SW 23RD ST DRAINAGE AND FISH PASSAGE IMP 350,000 350,000
TOTAL PROJECT BALANCES 22,260,603$ 641,326$ 21,619,277$
Non-capital items included in project budgets (2,681,201) (138,155) (2,543,046)
Operating fund equipment purchase 28,560 - 28,560
TOTAL CAPITAL OUTLAY 19,607,962$ 503,171$ 19,104,791$
SURFACE WATER UTILITY PROJECT BALANCES AT MARCH 31, 2021
Quarterly Financial Report City of Renton, Washington 1st Quarter 2021
Page 35 of 41
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.
2020 2021 2021 YTD
YTD ACTUAL ANNUAL BUDGET YTD ACTUAL PRIOR YEAR BUDGET % BUDGET
REVENUES:
Charges for services 12,773$ ‐$ 27,186$ 14,413$ 27,186$ N/A
Interdepartmental services 1,433,622 6,542,775 1,635,702 202,080 (4,907,073) 25.00%
Interest and other misc 22,877 12,000 8,329 (14,548) (3,671) 69.41%
TOTAL REVENUES 1,469,272 6,554,775 1,671,217 201,945 (4,883,558) 25.50%
EXPENSES:
Personnel 288,607 1,206,146 276,350 12,257 929,796 22.91%
Supplies 252,045 1,496,153 311,695 (59,650) 1,184,458 20.83%
Contracted Services 58,341 133,166 59,272 (931) 73,894 44.51%
Internal Services 9,173 30,338 7,977 1,196 22,361 26.29%
TOTAL OPERATING EXPENSES 608,166 2,865,803 655,294 (47,128) 2,210,509 22.87%
AMOUNT AVAILABLE FOR DEBT SERVICE,
CAPITAL, AND TRANSFERS 861,106 3,688,972 1,015,923 154,817 (2,673,049) 27.54%
TOTAL DEBT SERVICE ‐ ‐ ‐ ‐ ‐ N/A
CAPITAL OUTLAY 272,735 2,423,743 115,671 157,064 2,308,072 4.77%
NET TRANSFERS ‐ ‐ ‐ ‐ ‐ N/A
CHANGE IN FUND BALANCE 588,371 1,265,229 900,252 311,881 (364,977) 71.15%
BEGINNING FUND BALANCE, Jan 1 6,851,811 6,376,259 6,376,259 (475,552) ‐ 100.00%
ENDING FUND BALANCE, Mar 31 7,440,182$ 7,641,488$ 7,276,511$ (163,671)$ (364,977)$ 95.22%
EQUIPMENT RENTAL
VARIANCE
Quarterly Financial Report City of Renton, Washington 1st Quarter 2021
Page 36 of 41
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.
2020 2021 2021 YTD
YTD ACTUAL ANNUAL BUDGET YTD ACTUAL PRIOR YEAR BUDGET % BUDGET
REVENUES:
Interdepartmental services 786,525$ 3,511,775$ 775,976$ (10,549)$ (2,735,799)$ 22.10%
Interest and other misc 75,560 22,000 85,388 9,828 63,388 388.13%
TOTAL REVENUES 862,085 3,533,775 861,364 (721) (2,672,411) 24.38%
EXPENSES:
Personnel 258,715 1,411,787 275,948 (17,233) 1,135,839 19.55%
Supplies 374 6,956 30 344 6,926 0.43%
Contracted Services 655,659 2,279,772 672,718 (17,059) 1,607,054 29.51%
Internal Services ‐ ‐ ‐ ‐ ‐ N/A
TOTAL OPERATING EXPENSES 914,748 3,698,515 948,696 (33,948) 2,749,819 25.65%
AMOUNT AVAILABLE FOR DEBT SERVICE,
CAPITAL, AND TRANSFERS (52,663) (164,740) (87,332) (34,669) 77,408 N/A
TOTAL DEBT SERVICE ‐ ‐ ‐ ‐ ‐ N/A
CAPITAL OUTLAY ‐ ‐ ‐ ‐ ‐ N/A
NET TRANSFERS ‐ ‐ ‐ ‐ ‐ N/A
CHANGE IN FUND BALANCE (52,663) (164,740) (87,332) (34,669) 77,408 N/A
BEGINNING FUND BALANCE, Jan 1 19,095,508 19,860,208 19,860,208 764,700 ‐ 100.00%
ENDING FUND BALANCE, Mar 31 19,042,845$ 19,695,468$ 19,772,876$ 730,031$ 77,408$ 100.39%
Operating Reserves 16,479,631 13,952,413 13,952,413
AVAILABLE FUND BALANCE 2,563,214$ 5,743,055$ 5,820,463$
INSURANCE
VARIANCE
Quarterly Financial Report City of Renton, Washington 1st Quarter 2021
Page 37 of 41
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.
2020 2021 2021 YTD
YTD ACTUAL ANNUAL BUDGET YTD ACTUAL PRIOR YEAR BUDGET % BUDGET
REVENUES:
Licenses and permits 74,067$ 150,000$ 51,853$ (22,214)$ (98,147)$ 34.57%
Charges for services ‐ ‐ ‐ ‐ ‐ N/A
Interdepartmental services 1,446,529 6,435,901 1,608,975 162,446 (4,826,926) 25.00%
Interest and other misc 17,056 7,000 28,209 11,153 21,209 402.99%
TOTAL REVENUES 1,537,652 6,592,901 1,689,037 151,385 (4,903,864) 25.62%
EXPENSES:
Personnel 761,501 3,292,443 711,094 50,407 2,581,349 21.60%
Supplies 119,770 757,555 122,184 (2,414) 635,371 16.13%
Contracted Services 626,630 2,486,071 398,225 228,405 2,087,846 16.02%
Internal Services 451 ‐ ‐ 451 ‐ N/A
TOTAL OPERATING EXPENSES 1,508,352 6,536,069 1,231,503 276,849 5,304,566 18.84%
AMOUNT AVAILABLE FOR DEBT SERVICE,
CAPITAL, AND TRANSFERS 29,300 56,832 457,534 428,234 400,702 805.06%
TOTAL DEBT SERVICE ‐ ‐ ‐ ‐ ‐ N/A
CAPITAL OUTLAY 14,520 838,000 9,435 5,085 828,565 1.13%
TRANSFERS IN 5,745 21,477 3,598 (2,147) (17,879) 16.75%
NET TRANSFERS 5,745 21,477 3,598 (2,147) (17,879) 16.75%
CHANGE IN FUND BALANCE 20,525 (759,691) 451,697 431,172 1,211,388 N/A
BEGINNING FUND BALANCE, Jan 1 4,490,062 3,939,941 3,939,941 (550,121) ‐ 100.00%
ENDING FUND BALANCE, Mar 31 4,510,587$ 3,180,250$ 4,391,638$ (118,949)$ 1,211,388$ 138.09%
INFORMATION TECHNOLOGY
VARIANCE
Quarterly Financial Report City of Renton, Washington 1st Quarter 2021
Page 38 of 41
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.
2020 2021 2021 YTD
YTD ACTUAL ANNUAL BUDGET YTD ACTUAL PRIOR YEAR BUDGET % BUDGET
REVENUES:
Grants / intergovernmental 21,835$ ‐$ ‐$ (21,835)$ ‐$ N/A
Interdepartmental services 1,351,377 5,992,730 1,498,183 146,806 (4,494,547) 25.00%
Rents, leases, and misc fees 1 ‐ ‐ (1) ‐ N/A
Interest and other misc 4,388 4,000 431 (3,957) (3,569) 10.78%
TOTAL REVENUES 1,377,601 5,996,730 1,498,614 121,013 (4,498,116) 24.99%
EXPENSES:
Personnel 779,843 3,861,996 722,413 57,430 3,139,583 18.71%
Supplies 170,290 307,068 57,911 112,379 249,157 18.86%
Contracted Services 366,201 1,869,621 275,120 91,081 1,594,501 14.72%
Internal Services 19,011 129,486 32,427 (13,416) 97,059 25.04%
TOTAL OPERATING EXPENSES 1,335,345 6,168,171 1,087,871 247,474 5,080,300 17.64%
AMOUNT AVAILABLE FOR DEBT SERVICE,
CAPITAL, AND TRANSFERS 42,256 (171,441) 410,743 368,487 582,184 N/A
TOTAL DEBT SERVICE ‐ ‐ ‐ ‐ ‐ N/A
CAPITAL OUTLAY 5,704 ‐ ‐ 5,704 ‐ N/A
Transfers In 7,459 ‐ ‐ (7,459) ‐ N/A
NET TRANSFERS 7,459 ‐ ‐ (7,459) ‐ N/A
CHANGE IN FUND BALANCE 44,011 (171,441) 410,743 366,732 582,184 N/A
BEGINNING FUND BALANCE, Jan 1 1,220,276 504,167 504,167 (716,109) ‐ 100.00%
ENDING FUND BALANCE, Mar 31 1,264,287$ 332,726$ 914,910$ (349,377)$ 582,184$ 274.97%
FACILITIES
VARIANCE
Quarterly Financial Report City of Renton, Washington 1st Quarter 2021
Page 39 of 41
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.
2020 2021 2021 YTD
YTD ACTUAL ANNUAL BUDGET YTD ACTUAL PRIOR YEAR BUDGET % BUDGET
REVENUES:
Interdepartmental services 283,360$ 1,154,732$ 288,684$ 5,324$ (866,048)$ 25.00%
Interest and other misc 2,703 1,000 165 (2,538) (835) 16.50%
TOTAL REVENUES 286,063 1,155,732 288,849 2,786 (866,883) 24.99%
EXPENSES:
Personnel 223,519 810,882 167,512 56,007 643,370 20.66%
Supplies 11,959 55,432 5,236 6,723 50,196 9.45%
Contracted Services 52,388 284,512 39,306 13,082 245,206 13.82%
Internal Services 985 2,000 500 485 1,500 25.00%
TOTAL OPERATING EXPENSES 288,851 1,152,826 212,554 76,297 940,272 18.44%
AMOUNT AVAILABLE FOR DEBT SERVICE,
CAPITAL, AND TRANSFERS (2,788) 2,906 76,295 79,083 73,389 2625.43%
TOTAL DEBT SERVICE ‐ ‐ ‐ ‐ ‐ N/A
CAPITAL OUTLAY ‐ ‐ ‐ ‐ ‐ N/A
Transfers Out 329 ‐ ‐ 329 ‐ N/A
NET TRANSFERS (329) ‐ ‐ 329 ‐ N/A
CHANGE IN FUND BALANCE (3,117) 2,906 76,295 79,412 73,389 2625.43%
BEGINNING FUND BALANCE, Jan 1 803,561 151,624 151,624 (651,937) ‐ 100.00%
ENDING FUND BALANCE, Mar 31 800,444$ 154,530$ 227,919$ (572,525)$ 73,389$ 147.49%
COMMUNICATIONS
VARIANCE
Quarterly Financial Report City of Renton, Washington 1st Quarter 2021
Page 40 of 41
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.
2020 2021 2021 YTD
YTD ACTUAL ANNUAL BUDGET YTD ACTUAL PRIOR YEAR BUDGET % BUDGET
REVENUES:
Premiums 3,029,358$ 12,328,055$ 3,061,839$ 32,481$ (9,266,216)$ 24.84%
Interest and other misc 17,996 149,488 96,326 78,330 (53,162) 64.44%
TOTAL REVENUES 3,047,354 12,477,543 3,158,165 110,811 (9,319,378) 25.31%
EXPENSES:
Personnel 2,487,533 12,015,118 2,726,936 (239,403) 9,288,182 22.70%
Supplies 6,881 7,500 ‐ 6,881 7,500 0.00%
Contracted Services 134,811 478,037 133,336 1,475 344,701 27.89%
Internal Services 15,107 80,176 20,044 (4,937) 60,132 25.00%
TOTAL OPERATING EXPENSES 2,644,332 12,580,831 2,880,316 (235,984) 9,700,515 22.89%
AMOUNT AVAILABLE FOR DEBT SERVICE,
CAPITAL, AND TRANSFERS 403,022 (103,288) 277,849 (125,173) 381,137 N/A
TOTAL DEBT SERVICE ‐ ‐ ‐ ‐ ‐ N/A
CAPITAL OUTLAY ‐ ‐ ‐ ‐ ‐ N/A
NET TRANSFERS ‐ ‐ ‐ ‐ ‐ N/A
CHANGE IN FUND BALANCE 403,022 (103,288) 277,849 (125,173) 381,137 N/A
BEGINNING FUND BALANCE, Jan 1 5,151,648 5,773,429 5,773,429 621,781 ‐ 100.00%
ENDING FUND BALANCE, Mar 31 5,554,670$ 5,670,141$ 6,051,278$ 496,608$ 381,137$ 106.72%
Operating Reserves 3,757,179 3,774,249 3,774,249
AVAILABLE FUND BALANCE 1,797,491$ 1,895,892$ 2,277,029$
HEALTH INSURANCE
VARIANCE
Quarterly Financial Report City of Renton, Washington 1st Quarter 2021
Page 41 of 41
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.
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 Kari Roller at kroller@rentonwa.gov.
2020 2021 2021 YTD
YTD ACTUAL ANNUAL BUDGET YTD ACTUAL PRIOR YEAR BUDGET % BUDGET
REVENUES:
Grants / intergovernmental 35,245$ 45,933$ ‐$ (35,245)$ (45,933)$ 0.00%
Premiums 656,171 2,640,000 656,171 ‐ (1,983,829) 24.85%
Interest and other misc 53,282 20,000 39,043 (14,239) 19,043 195.22%
TOTAL REVENUES 744,698 2,705,933 695,214 (49,484) (2,010,719) 25.69%
EXPENSES:
Personnel 299,055 1,333,374 258,713 40,342 1,074,661 19.40%
Contracted Services 12,742 29,311 12,217 525 17,094 41.68%
TOTAL OPERATING EXPENSES 311,797 1,362,685 270,930 40,867 1,091,755 19.88%
AMOUNT AVAILABLE FOR DEBT SERVICE,
CAPITAL, AND TRANSFERS 432,901 1,343,248 424,284 (8,617) (918,964) 31.59%
TOTAL DEBT SERVICE ‐ ‐ ‐ ‐ ‐ N/A
CAPITAL OUTLAY ‐ ‐ ‐ ‐ ‐ N/A
NET TRANSFERS ‐ ‐ ‐ ‐ ‐ N/A
CHANGE IN FUND BALANCE 432,901 1,343,248 424,284 (8,617) (918,964) 31.59%
BEGINNING FUND BALANCE, Jan 1 15,799,729 16,541,245 16,541,245 741,516 ‐ 100.00%
ENDING FUND BALANCE, Mar 31 16,232,630$ 17,884,493$ 16,965,529$ 732,899$ (918,964)$ 94.86%
Restricted for OPEB 16,232,630 17,884,493 16,965,529
AVAILABLE FUND BALANCE ‐$ ‐$ ‐$
RETIREE HEALTHCARE
VARIANCE