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ADMINISTRATIVE SERVICES
M E M O R A N D U M
DATE:
TO:
CC:
FROM:
STAFF CONTACT:
SUBJECT:
January 14, 2019
Ed Prince, Council President
Members of Renton City Council
Denis Law, Mayor
Bob Harrison, Chief Administrative Officer
Jan Hawn, ASD Administrator
Marc Gordon, Sr. Finance Analyst
November 2018 Financial Status Report
At the end of November, general governmental revenues show $9.8M or 10.6% over
budget. Revenue source(s) that are higher than expected are: sales tax ($1.7M); criminal
justice sales tax ($261K); utility taxes ($585K); gambling taxes ($643K); business &
occupation taxes ($3.2M); public safety ($503K); interest & other earnings ($448K); fines
and penalties ($245K); property taxes ($2.9M); and real estate excise tax ($2.9M). On the
down side, the revenue source(s) that are underperforming the year to date budget are:
sales tax annexation credit ($329K); business licensing ($301K); building permits &
development service fees ($530K below); and culture and recreation ($206K).
General government expenditures showed a favorable variance of $4.5M or 5.2%. See
page 10 of report for further expenditure over-spent/savings explanations.
The attached report provides more detailed discussion of each revenue source and our
updated projections for the year. Please do not hesitate to contact me at x6937 should
you have any questions or any suggestions about the report.
Ed Prince, Council President
Members of Renton City Council
Page 2 of 2
January 14, 2019
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Preliminary as of 01/07/2019
General Governmental Funds
$%
Beginning Fund Balance 19,962,845$ 19,962,845$ 26,563,785$ 26,563,785$ 33,284,838$ 33,284,838$ 33,284,838$ - 0.0%
OPERATING REVENUES
Property Tax 37,038,480 36,893,234 24,356,562 24,212,717 19,397,308 19,305,972 19,387,264 81,292 0.4%
Sales Tax 26,353,246 24,149,557 26,331,634 24,283,370 26,683,440 24,432,892 26,125,452 1,692,560 6.9%
Sales Tax - Annexation Credit 3,114,762 2,852,862 3,123,230 2,879,980 2,120,300 1,948,599 1,619,553 (329,046) -16.9%
Criminal Justice Sales Tax 2,701,787 2,479,835 2,808,564 2,571,958 2,782,404 2,550,859 2,811,457 260,598 10.2%
Natural Gas Use Tax 184,638 170,785 180,456 169,071 228,000 213,615 133,158 (80,458) -37.7%
Admission Tax 262,506 262,506 223,157 178,503 320,000 290,577 225,466 (65,111) -22.4%
Franchise Fees 1,406,092 1,401,242 1,562,100 1,539,350 1,447,192 1,317,633 1,499,915 182,282 13.8%
Electricity Tax 5,440,139 4,958,272 5,721,366 5,194,921 5,476,959 4,982,179 5,121,008 138,829 2.8%
Natural Gas Utility Tax 1,327,937 1,194,432 1,630,375 1,458,097 1,350,900 1,211,265 1,307,882 96,616 8.0%
Garbage/Solid Waste 717,148 657,424 627,254 571,124 680,000 621,401 687,902 66,500 10.7%
TV Cable 1,619,364 1,476,915 1,651,405 1,520,672 1,662,115 1,523,292 1,262,555 (260,737) -17.1%
Telephone 859,868 772,602 866,519 784,978 729,131 657,836 748,678 90,843 13.8%
Cellular Phone 1,541,204 1,448,187 1,481,298 1,371,952 1,536,267 1,433,410 1,100,008 (333,402) -23.3%
City Utilities 4,206,473 3,858,439 4,840,530 4,480,697 4,000,752 3,687,720 4,554,499 866,779 23.5%
Utility Tax Audit 111,227 111,227 - - - - - - 0.0%
Leasehold Excise Tax 173,769 133,042 173,396 132,905 179,000 137,123 134,656 (2,468) -1.8%
Gambling Excise Tax 2,500,604 2,318,680 2,695,368 2,430,320 2,000,000 1,827,955 2,470,879 642,925 35.2%
Real Estate Excise Tax 6,121,830 5,814,448 7,375,978 6,625,978 4,420,000 4,499,171 7,405,875 2,906,704 64.6%
Less: CIP REET (2,707,676) (2,707,676) (6,625,978) (6,625,978) (4,420,000) (4,499,171) (4,420,000) 79,171 -1.8%
EMS Levy 479,597 479,597 - - - - - - 0.0%
B&O Taxes 6,375,322 6,375,322 9,633,034 9,217,133 7,636,000 7,445,100 10,688,190 3,243,090 43.6%
Less: CIP B&O Taxes (2,000,000) (2,000,000) (2,473,974) (2,473,974) (1,379,314) (1,344,831) (1,379,314) (34,483) 2.6%
Business License Fees 1,926,510 1,913,955 1,480,730 1,436,883 1,311,894 1,284,680 983,650 (301,030) -23.4%
Less: CIP Business License Fees (1,587,627) (1,577,304) (614,796) (607,704) (623,186) (618,258) (356,629) 261,630 -42.3%
Animal Licenses and Spec Events Permits 102,905 97,228 140,391 134,003 94,174 89,533 114,511 24,978 27.9%
Building Permits & Development Svc Fees 5,293,563 4,825,260 4,907,983 4,576,532 5,326,699 4,907,534 4,377,494 (530,040) -10.8%
Intergovt'l (Grants, State Shared, etc)3,998,953 3,503,840 4,285,806 3,343,780 4,618,136 3,404,062 3,624,380 220,318 6.5%
Fire District 25 and 40 Contracts 3,517,779 3,517,779 341,939 341,939 357,660 357,660 357,660 - 0.0%
Public Safety 994,179 915,706 837,728 752,100 617,635 562,308 1,065,536 503,228 89.5%
Culture and Recreation 1,632,903 1,593,428 1,722,323 1,676,377 1,760,923 1,716,092 1,509,479 (206,612) -12.0%
Interfund/Interdept-Services 3,377,663 3,066,643 3,916,334 3,614,187 4,361,086 3,997,662 3,575,459 (422,203) -10.6%
Fines and Penalties 901,592 771,306 822,450 696,347 830,082 702,073 748,953 46,880 6.7%
Photo Enforcement 1,959,071 1,783,243 2,124,399 1,924,564 3,216,405 2,920,509 3,118,804 198,295 6.8%
Seizure Funds - Federal/State/Local 987,293 1,012,754 176,503 168,830 - - 279,998 279,998 100.0%
Interests and Other Earnings 1,058,880 655,986 1,155,371 797,579 875,300 574,599 1,023,039 448,440 78.0%
Rents, Leases, and Concessions 642,192 617,485 634,897 606,915 631,003 604,970 661,348 56,377 9.3%
Contributions and Donations 96,582 87,363 177,919 125,841 242,595 188,422 156,789 (31,633) -16.8%
Other Miscellaneous 956,131 788,046 954,680 840,174 702,998 593,464 637,175 43,711 7.4%
Other Financing Sources (Transfer-In, etc)2,129,561 29,061 283,213 108,951 152,142 (310,953) (310,953) - 0.0%
Total Operating Revenues 125,816,444 116,702,709 109,530,146 101,061,072 101,325,999 93,216,955 103,051,777 9,834,822 10.6%
OPERATING EXPENDITURES
Council 358,550 329,610 362,101 331,903 374,666 343,921 347,364 (3,443) -1.0%
Executive 1,778,206 1,593,538 1,954,748 1,737,132 2,086,553 1,861,695 1,857,537 4,158 0.2%
Emergency Management*370,832 343,432 569,333 523,795 628,191 579,455 542,637 36,818 6.4%
City Attorney 1,983,834 1,841,277 2,088,718 1,908,369 2,267,734 2,087,929 2,025,478 62,451 3.0%
Court Services 2,075,763 1,890,069 2,174,217 1,982,165 2,250,644 2,050,602 2,037,380 13,222 0.6%
Community and Eco Dvlpmnt Admin 1,161,330 1,055,753 1,351,830 1,227,699 1,344,262 1,221,394 1,231,488 (10,094) -0.8%
Development Services 2,859,410 2,601,675 3,023,728 2,912,793 3,446,946 3,230,941 2,744,517 486,424 15.1%
Economic Development 1,004,411 930,197 949,467 815,203 1,664,738 1,487,111 676,396 810,714 54.5%
Planning 2,716,214 2,483,516 2,815,148 2,445,474 3,580,743 3,190,797 2,755,026 435,771 13.7%
Finance 3,046,824 2,449,791 3,132,609 2,501,966 3,661,134 2,933,771 2,717,481 216,290 7.4%
City Clerk 914,251 833,087 1,119,376 976,122 1,359,565 1,209,533 1,162,960 46,572 3.9%
Human Resources 1,193,016 1,083,398 1,221,841 1,116,195 1,395,877 1,271,446 1,159,905 111,541 8.8%
Police 28,891,879 25,771,653 30,987,047 28,168,125 33,874,531 30,514,653 29,576,070 938,583 3.1%
Jail Services 4,704,978 4,704,773 4,807,443 4,406,898 5,968,750 5,476,168 5,473,305 2,863 0.1%
Fire*25,349,755 25,352,252 - - - - - - 0.0%
Community Services Admin 585,983 493,412 554,951 456,199 532,039 442,821 464,026 (21,205) -4.8%
Parks 4,460,218 4,084,503 4,832,019 4,324,847 5,331,029 4,907,509 4,540,675 366,834 7.5%
Parks Planning & Natural Resources 952,980 816,259 1,059,058 938,972 1,373,998 1,198,627 995,748 202,880 16.9%
Recreation 5,946,684 5,456,391 6,247,213 5,722,519 6,751,902 6,148,617 5,799,791 348,827 5.7%
Human Services 1,241,169 1,058,333 1,634,387 1,256,572 1,488,726 1,198,467 1,237,010 (38,543) -3.2%
Neighborhoods, Resources, & Events - - - - - - - - 0.0%
Museum 229,543 210,229 235,712 215,835 241,246 220,924 225,283 (4,358) -2.0%
Public Works Admin 398,796 366,364 406,781 373,534 417,024 383,025 383,470 (445) -0.1%
Street Maintenance 5,041,509 4,605,606 5,603,141 5,132,052 5,887,710 5,386,040 4,990,195 395,845 7.3%
Transportation 5,966,281 5,370,311 5,368,887 4,645,164 5,885,521 5,200,301 5,108,863 91,439 1.8%
Debt Service 6,099,166 1,448,946 6,063,576 1,361,480 5,703,244 1,278,664 1,278,664 - 0.0%
Non-Departmental and Other 9,883,923 3,754,617 14,245,763 2,884,877 4,778,864 2,767,618 2,767,618 - 0.0%
Total Operating Expenditures 119,215,504 100,928,993 102,809,093 78,365,889 102,295,638 86,592,029 82,098,887 4,493,142 5.2%
Total Ending Fund Balance 26,563,785$ 35,736,561$ 33,284,838$ 49,258,968$ 32,315,199$ 39,909,764$ 54,237,728$ 14,327,964$ 35.9%
*Emergency Management was moved to Executive due to formation of RRFA
Favorable (Unfavorable)
16 17 018 Variance
Annual Actual YTD Actual Annual Budget YTD Budget YTD ActualSummary of Sources and Uses Annual Actual YTD Actual
Monthly Financial Report November 2018
Monthly Financial Report November 2018
Page | 2
Preliminary as of 01/07/2019
OVERVIEW
This financial overview reflects the City’s overall financial position for the fiscal year through November 30, 2018. Except as noted, year-
to-date budgeted revenues and operating expenditures are generally based on the collection/disbursement patterns for the same period
of the preceding two years. The table on the previous page summarizes the general governmental fund revenues and expenditures.
Revenues
Taxes
The combined collection of property, sales/use, utility, gambling, admissions, and real estate excise taxes represents 76% of all resources
supporting general governmental activities. The following section provides detail information on property, sales, utility, and other taxes.
Property Tax
Current Month Actual: $1.7M
YTD Actual: $19.4M
Budgeted YTD: $19.3M
Prior Year Same Month: $6.7M
Prior Year YTD: $24.2M
Year-to-Year Variance: $(-4.8M), -20%
Actual-to-Budget YTD Variance: $81K, 0%
Narrative: The negative amount for January is due
to the timing of recording January’s receipts in
February. February’s activity corrected the
negative January balance. The total property tax
levy is $5 million less in 2018, which is why the
year-to-year comparison skews low.
Sales Tax
Current Month Actual: $2.4M
YTD Actual: $26.1M
Budgeted YTD: $24.4M
Prior Year Same Month: $2.3M
Prior Year YTD: $24.3M
Year-to-Year Monthly Variance: $38K, 2%
Year-to-Year YTD Variance: $1.8M, 8%
Actual-to-Budget Monthly Variance: $(-41K), -2%
Actual-to-Budget YTD Variance: $1.7M, 7%
Narrative: New Construction, Whole Sale and
Service are the sectors generating and collecting
more than anticipated. 2018’s monthly budgets are
generally based on 2013 through 2017 collections.
17 018 018
Actual Budget Actual $ % $ %
Jan 55,429$ 31,649$ (12,745)$ (68,174)$ -123% (44,394)$ -140%
Feb 195,332 161,273 106,364 (88,967) -46% (54,909) -34%
Mar 902,965 687,696 665,471 (237,493) -26% (22,225) -3%
Apr 7,035,332 4,704,879 6,908,633 (126,700) -2% 2,203,754 47%
May 4,489,476 4,548,312 2,419,925 (2,069,551) -46% (2,128,388) -47%
Jun 128,834 84,239 108,842 (19,992) -16% 24,602 29%
Jul 69,600 40,053 90,072 20,471 29%50,018 125%
Aug 101,349 108,016 84,185 (17,164) -17% (23,831) -22%
Sep 442,694 316,388 196,536 (246,158) -56% (119,852) -38%
Oct 4,057,893 3,251,619 7,077,878 3,019,985 74%3,826,259 118%
Nov 6,733,813 5,371,847 1,742,104 (4,991,709) -74% (3,629,743) -68%
Dec 143,844 91,336
YTD Total 24,212,717$ 19,305,972$ 19,387,264$ (4,825,453)$ -20% 81,292$ 0%
Annual Total 24,356,562$ 19,397,308$
Property Tax Revenues
Year to Date through November
018 vs. 17 018 vs. Budget
Month
17 018 018
Actual Budget Actual $ % $ %
Jan 2,092,821$ 2,096,932$ 2,217,949$ 125,128$ 6%121,017$ 6%
Feb 2,473,715 2,495,067 2,839,044 365,329 15%343,977 14%
Mar 1,945,278 1,990,954 2,099,180 153,902 8%108,226 5%
Apr 1,871,345 1,956,740 2,009,648 138,303 7%52,908 3%
May 2,381,981 2,327,614 2,506,478 124,497 5%178,863 8%
Jun 2,075,555 2,050,822 1,997,751 (77,804) -4% (53,071) -3%
Jul 2,236,477 2,140,543 2,385,665 149,188 7%245,122 11%
Aug 2,421,720 2,378,153 2,573,863 152,143 6%195,710 8%
Sep 2,162,766 2,236,561 2,671,784 509,018 24%435,223 19%
Oct 2,273,788 2,332,820 2,438,390 164,602 7%105,570 5%
Nov 2,347,924 2,426,685 2,385,700 37,776 2%(40,985) -2%
Dec 2,048,264 2,250,548 -
YTD Total 24,283,370$ 24,432,892$ 26,125,452$ 1,842,082$ 8%1,692,560$ 7%
Annual Total 26,331,634$ 26,683,440$
018 vs. Budget018 vs. 17
Month
Year to Date through November
Local Retail Sales Tax Revenues
Monthly Financial Report November 2018
Page | 3
Preliminary as of 01/07/2019
The following table breaks out the City’s base sales tax (excluding Criminal Justice and Annexation Credit) by major business sectors:
Utility tax
Current Month Actual: $1.1M
YTD Actual: $14.9M
Budgeted YTD: $14.3M
Prior Year Same Month: $1.3M
Prior Year YTD: $15.6M
Year-to-Year Monthly Variance: $(-185K), -15%
Year-to-Year YTD Variance: $(-636K), -4%
Actual-to-Budget Monthly Variance: $(-60K), -5%
Actual-to-Budget YTD Variance: $585K, 4%
Narrative: The large January variance with the
budget is due to the timing of when 2018
Cell/Phone/Garbage taxes were recorded. The
monthly budgets are based on 2016/2017 activity.
The table below breaks out Utility Tax by source. As mentioned last month, the large variance with electrical and natural gas was due to
an error in recording these revenues and has corrected itself in June.
Sales Tax by Sector 17 018 Bgt YTD Act Change 018 /17 018 Act vs Bgt
New Construction 3,898,385$ 3,507,177$ 4,220,068$ 321,683$ 8% $ 712,891 20%
Auto Sales 4,400,839 4,586,387 4,707,647 306,807 7% 121,260 3%
General Retail 7,063,086 7,357,147 7,158,534 95,449 1% (198,612)-3%
Manufacturing 1,424,293 1,724,271 1,672,467 248,175 17% (51,804)-3%
Wholesale 1,310,021 1,298,440 1,449,615 139,594 11% 151,175 12%
Service 5,482,587 5,306,094 6,296,598 814,012 15% 990,504 19%
Other 704,160 653,375 620,522 (83,638) -12% (32,853)-5%
YTD Total 24,283,370$ 24,432,892$ 26,125,452$ 1,842,082$ 8%1,692,560$ 7%
Note: Excludes Annexation Credit and Criminal Justice Sales Tax revenue.
17 018 018
Actual Budget Actual $%$%
Jan 1,698,721$ 1,472,870$ 1,395,386$ (303,335)$ -18%(77,484)$ -5%
Feb 1,360,589 1,413,168 1,617,972 257,383 19%204,804 14%
Mar 1,197,548 1,249,534 1,579,191 381,643 32%329,657 26%
Apr 1,797,449 1,493,002 1,463,336 (334,113) -19%(29,665) -2%
May 1,464,438 1,341,860 1,414,956 (49,482) -3%73,096 5%
Jun 1,351,607 1,173,122 1,269,602 (82,005) -6%96,480 8%
Jul 1,538,390 1,342,347 1,398,960 (139,430) -9%56,613 4%
Aug 1,185,237 1,155,083 1,203,168 17,931 2%48,086 4%
Sep 1,261,199 1,224,457 1,197,617 (63,582) -5%(26,839) -2%
Oct 1,428,438 1,322,247 1,292,218 (136,220) -10%(30,028) -2%
Nov 1,267,897 1,143,031 1,083,283 (184,614) -15%(59,748) -5%
Dec 1,447,690 1,333,404
YTD Total 15,551,512$ 14,330,720$ 14,915,690$ (635,823)$ -4%584,970$ 4%
Annual Total 16,999,203$ 15,664,124$
018 vs. Budget018 vs. 17
Year to Date through November
Utility Tax Revenues
Month
Utility Tax by Type 17 018 Bgt YTD Act Change 018 /17 018 Act vs Bgt
Electrical 5,194,921$ 4,982,179$ 5,121,008$ (73,913)$ -1% $ 138,829 3%
Natural Gas 1,627,168 1,424,881 1,441,040 (186,129) -11% 16,159 1%
Cell 1,371,952 1,433,410 1,100,008 (271,944) -20% (333,402)-23%
Phone 784,978 657,836 748,678 (36,299) -5% 90,843 14%
Cable 1,520,672 1,523,292 1,262,555 (258,117) -17% (260,737)-17%
Garbage/Solid Waste 571,124 621,401 687,902 116,778 20% 66,500 11%
City Utilities 4,480,697 3,687,720 4,554,499 73,802 2% 866,779 24%
Utility Tax Audit - - - - N/A - N/A
YTD Total 15,551,512$ 14,330,720$ 14,915,690$ (635,823)$ -4%584,970$ 4%
Annual Total 16,999,203$ 15,664,124$
YTD as % of 91%91%
Monthly Financial Report November 2018
Page | 4
Preliminary as of 01/07/2019
Other Taxes
Real Estate Excise Tax
Current Month Actual: $977K
YTD Actual: $7.4M
Budgeted YTD: $4.5M
Prior Year Same Month: $775K
Prior Year YTD: $6.6M
Year-to-Year Monthly Variance: $201K, 26%
Year-to-Year TYD Variance: $780K, 12%
Actual-to-Budget Monthly Variance: $578K, 145%
Actual-to-Budget YTD Variance: $2.9M, 65%
Narrative: The higher than expected variance is
due to 10 large transactions in December and
January which accounts for $708K of the total REET
collected.
Gambling Tax
Current Month Actual: $229K
YTD Actual: $2.5M
Budgeted YTD: $1.8M
Prior Year Same Month: $260K
Prior Year YTD: $2.4M
Year-to-Year Monthly Variance: ($-31K), -12%
Year-to-Year YTD Variance: $41K, 2%
Actual-to-Budget Monthly Variance: $58K, 34%
Actual-to-Budget YTD Variance: $643K, 35%
Narrative: Gambling tax revenue continues to
outperform budgeted expectations, which can
primarily be attributable to current economic
conditions.
Franchise Fees
Current Month Actual: $11K
YTD Actual: $1.5M
Budgeted YTD: $1.3M
Prior Year Same Month: $11K
Prior Year YTD: $1.5M
Year-to-Year Monthly Variance: $1K, 7%
Year-to-Year YTD Variance: $(-39K), -3%
Actual-to-Budget Monthly Variance: $6K, 138%
Actual-to-Budget YTD Variance: $182K, 14%
Narrative: Franchise fee revenue is performing
slightly better than expected and right on track
with prior year receipts.
17 018 018
Actual Budget Actual $%$%
Jan 220,536$ 157,924$ 210,929$ (9,607)$ -4%53,004$ 34%
Feb 200,622 157,269 255,285 54,663 27%98,016 62%
Mar 180,839 144,763 245,283 64,444 36%100,520 69%
Apr 219,422 160,397 275,795 56,373 26%115,399 72%
May 248,673 172,020 222,540 (26,133) -11%50,520 29%
Jun 232,889 160,867 252,663 19,775 8%91,796 57%
Jul 230,342 163,457 255,351 25,009 11%91,894 56%
Aug 216,990 207,784 226,388 9,398 4%18,605 9%
Sep 205,141 156,872 75,748 (129,394) -63%(81,124) -52%
Oct 215,122 176,050 222,034 6,912 3%45,984 26%
Nov 259,744 170,551 228,862 (30,882) -12%58,311 34%
Dec 265,048 172,045 -
YTD Total 2,430,320$ 1,827,955$ 2,470,879$ 40,560$ 2%642,925$ 35%
Annual Total 2,695,368$ 2,000,000$
018 vs. 17
Gambling Tax Revenue
Month
Year to Date through November
018 vs. Budget
17 018 018
Actual Budget Actual $%$%
Jan 380,870$ 326,648$ 371,458$ (9,411)$ -2%44,810$ 14%
Feb 6,300 2,823 16,600 10,300 163%13,777 488%
Mar 9,100 4,078 15,792 6,692 74%11,714 287%
Apr 369,626 324,886 37,420 (332,207) -90%(287,467) -88%
May 7,688 3,445 340,622 332,934 4331%337,177 9788%
Jun 21,325 9,555 1,050 (20,275) -95%(8,505) -89%
Jul 342,363 307,508 344,386 2,023 1%36,878 12%
Aug 7,700 3,450 15,193 7,493 97%11,743 340%
Sep 8,750 6,161 0 (8,750) -100%(6,161) -100%
Oct 375,128 324,373 346,194 (28,935) -8%21,821 7%
Nov 10,500 4,705 11,200 700 7%6,495 138%
Dec 22,750 12,367 -
YTD Total 1,539,350$ 1,317,633$ 1,499,915$ (39,435)$ -3%182,282$ 14%
Annual Total 1,562,100$ 1,330,000$
Franchise Fees Revenue
Year to Date through November
Month
018 vs. 17 018 vs. Budget
17 018 018
Actual Budget Actual $%$%
Jan 1,028,456$ 786,056$ 840,316$ (188,139)$ -18%54,260$ 7%
Feb 337,024 210,018 366,011 28,987 9%155,993 74%
Mar 708,868 391,942 291,045 (417,824) -59%(100,897) -26%
Apr 385,517 266,812 405,746 20,230 5%138,934 52%
May 386,087 300,651 607,431 221,344 57%306,780 102%
Jun 747,549 458,002 496,917 (250,632) -34%38,915 8%
Jul 591,137 440,175 846,631 255,494 43%406,456 92%
Aug 672,396 507,194 406,944 (265,453) -39%(100,250) -20%
Sep 633,804 431,443 451,349 (182,455) -29%19,906 5%
Oct 359,891 308,343 1,716,905 1,357,014 377%1,408,561 457%
Nov 775,249 398,534 976,580 201,331 26%578,046 145%
Dec 585,757 (79,171)
YTD Total 6,625,978$ 4,499,171$ 7,405,875$ 779,897$ 12%2,906,704$ 65%
Annual Total 7,211,736$ 4,420,000$
*Total REET (GF & CIP)
Month
018 vs. Budget018 vs. 17
Real Estate Excise Tax (REET) Revenues*
Year to Date through November
Monthly Financial Report November 2018
Page | 5
Preliminary as of 01/07/2019
Admission Tax
Current Month Actual: $2K
YTD Actual: $225K
Budgeted YTD: $291K
Prior Year Same Month: $0K
Prior Year YTD: $179K
Year-to-Year YTD Variance: $47K, 26%
Actual-to-Budget YTD Variance: $(-65K), -22%
Narrative: Admission Tax returns are due quarterly in
January, April, July, and October of each year. January
2018 collections represent activities conducted during
the 4th quarter of 2017.
Business & Occupation Tax
Current Month Actual: $632K
YTD Actual: $10.7M
Budgeted YTD: $7.4M
Prior Year Same Month: $321K
Prior Year YTD: $9.2M
Year-to-Year Monthly Variance: $312K, 97%
Year-to-Year YTD Variance: $1.5M, 16%
Actual-to-Budget Monthly Variance: $441K, 231%
Actual-to-Budget YTD Variance: $3.2M, 44%
Narrative: Businesses with gross receipts of $500K or
more per year, earned within the City of Renton, are
now required to file and pay Business and Occupation
(B&O) tax, in lieu of the Business License registration
fee. A large taxpayer hit the maximum threshold and
had a significant payment in April. As a result, receipts
have flattened out as the year has progressed.
Licenses and Permits
Business Licenses
Current Month Actual: $8K
YTD Actual: $984K
Budgeted YTD: $1.3M
Prior Year Same Month: $89K
Prior Year YTD: $1.4M
Year-to-Year Monthly Variance: $(-81K), -91%
Year-to-Year YTD Variance: $(-453K), -32%
Actual-to-Budget Monthly Variance: $(-65K), -89%
Actual-to-Budget YTD Variance: $(-301K), -23%
Narrative: The variance with the budget and prior
year is due to two things: 1) the City adopting
Ordinance 5866 which changed the reporting period
from quarterly to annually with a due date of January, and 2) removing the per employee tax. The reduction in revenue collected from
the per employee tax is offset by the increase in B&O (above). The City projects a decrease in overall Business Licenses.
17 018 018
Actual Budget Actual $%$%
Jan 60,741$ 90,356$ 56,598$ (4,143)$ -7%(33,759)$ -37%
Feb 2,788 2,733 1,473 (1,315) -47%(1,260) -46%
Mar - - 112 112 100%112 100%
Apr 58,566 80,156 54,560 (4,006) -7%(25,597) -32%
May 1,279 842 1,911 633 50%1,069 127%
Jun 785 517 - (785) -100%(517) -100%
Jul 51,061 73,680 - (51,061) -100%(73,680) -100%
Aug 1,578 1,040 62,959 61,381 3890%61,919 5955%
Sep - 341 0 0 100%(341) -100%
Oct 1,705 39,955 46,297 44,592 2615%6,342 16%
Nov - 956 1,556 1,556 100%600 63%
Dec 44,655 29,423 -
YTD Total 178,503$ 290,577$ 225,466$ 46,963$ 26%(65,111)$ -22%
Annual Total 223,157$ 320,000$
018 vs. Budget
Admission Tax Revenue
Year to Date through November
Month
018 vs. 17
17 018 018
Actual Budget Actual $%$%
Jan 432,319$ 1,527,200$ 1,301,574$ 869,256$ 201%(225,626)$ -15%
Feb 794,093 190,900 1,013,630 219,536 28%822,730 431%
Mar 13,228 190,900 48,278 35,050 265%(142,622) -75%
Apr 4,626,880 1,527,200 5,430,049 803,168 17%3,902,849 256%
May 316,791 190,900 212,741 (104,050) -33%21,841 11%
Jun 23,491 190,900 172,687 149,196 635%(18,213) -10%
Jul 1,139,041 1,527,200 840,839 (298,202) -26%(686,361) -45%
Aug 399,375 190,900 451,217 51,841 13%260,317 136%
Sep 169,792 190,900 12,193 (157,599) -93%(178,707) -94%
Oct 981,417 1,527,200 572,637 (408,780) -42%(954,563) -63%
Nov 320,706 190,900 632,346 311,641 97%441,446 231%
Dec 415,901 190,900 -
YTD Total 9,217,133$ 7,445,100$ 10,688,190$ 1,471,057$ 16%3,243,090$ 44%
Annual Total 9,633,034$ 7,636,000$
*Total Business & Occupation Taxes (GF & CIP)
Business & Occupation Taxes*
Year to Date through November
Month
018 vs. 17 018 vs. Budget
17 018 018
Actual Budget Actual $%$%
Jan 229,270$ 277,687 574,453$ 345,183$ 151%296,767$ 107%
Feb 157,504 157,567 208,947 51,443 33%51,379 33%
Mar 53,131 33,461 41,777 (11,354) -21%8,316 25%
Apr 157,983 145,552 34,897 (123,086) -78%(110,655) -76%
May 126,086 97,341 33,623 (92,463) -73%(63,718) -65%
Jun 36,375 27,014 30,721 (5,653) -16%3,708 14%
Jul 217,718 181,851 16,354 (201,364) -92%(165,497) -91%
Aug 124,833 95,699 15,778 (109,054) -87%(79,921) -84%
Sep 57,640 34,647 8,889 (48,751) -85%(25,758) -74%
Oct 187,368 160,619 10,260 (177,108) -95%(150,359) -94%
Nov 88,975 73,242 7,950 (81,025) -91%(65,292) -89%
Dec 43,847 27,214 -
YTD Total 1,436,883$ 1,284,680$ 983,650$ (453,233)$ -32%(301,030)$ -23%
Annual Total 1,480,730$ 1,311,894$
*Total Business License (GF & CIP)
Business Licenses*
Month
018 vs. 17
Year to Date through November
018 vs. Budget
Monthly Financial Report November 2018
Page | 6
Preliminary as of 01/07/2019
Building Permits and Development Service Fees
Current Month Actual: $297K
YTD Actual: $4.4M
Budgeted YTD: $4.9M
Prior Year Same Month: $479K
Prior Year YTD: $4.6M
Year-to-Year Monthly Variance: $(-182K), -38%
Year-to-Year YTD Variance: $(-199K), -4%
Actual-to-Budget Monthly Variance: $(-108K), -27%
Actual-to-Budget YTD Variance: $(-530K), -11%
Narrative: The large budget variance in January is
due to large payments for building permits and plan
review (Southport Developer and Group Health)
receipted in January 2016 (monthly budgets is
based on 2016/2017 activity, which accounts for
almost half of the year-to-date variance.
Intergovernmental
These revenue sources include federal
(direct and indirect) grants, state grants,
state shared revenues, local grants, and
entitlements. State shared revenues
95% of the total revenues in this
category. The year-to-date total
Intergovernmental revenue is $6.8M or
88% of the budget.
State Shared Revenues
YTD Total: $6.0M
Year-to-Year YTD Variance: $536K, 10%
Actual-to-Budget YTD Variance: $655K, 12%
Narrative: The higher than expected
collection is due to collecting more
than anticipated Criminal Justice’s
Sales Tax and marijuana
enforcement. This large increase
was the result of a “catch-up”
payment from the state in March. In
the future, the cities shared revenue
distribution will be approximately
double the normal bi-monthly
distribution (through June 2019).
17 018 018
Actual Budget Actual $%$%
Jan 399,548$ 552,839$ 314,626$ (84,921)$ -21%(238,213)$ -43%
Feb 277,296 360,393 280,745 3,449 1%(79,648) -22%
Mar 503,290 566,339 588,527 85,237 17%22,187 4%
Apr 265,749 314,866 403,892 138,143 52%89,026 28%
May 558,773 488,188 436,943 (121,831) -22%(51,246) -10%
Jun 611,441 549,120 363,521 (247,920) -41%(185,599) -34%
Jul 264,515 379,199 484,920 220,405 83%105,721 28%
Aug 433,043 432,819 411,236 (21,807) -5%(21,583) -5%
Sep 445,562 430,623 342,301 (103,261) -23%(88,323) -21%
Oct 338,298 427,216 453,317 115,019 34%26,101 6%
Nov 479,017 405,931 297,467 (181,550) -38%(108,464) -27%
Dec 331,450 419,165
YTD Total 4,576,532$ 4,907,534$ 4,377,494$ (199,038)$ -4%(530,040)$ -11%
Annual Total 4,907,983$ 5,326,699$
Building Permits and Development Service Fees
Year to Date through November
018 vs. Budget018 vs. 17
Month
Intergovernmental 17 018 Bgt YTD Act Change 018 /17 018 Act vs Bgt
Fire District #25 -$ -$ -$ -$ N/A $ - N/A
Fire District #40 341,939 357,660 357,660 15,721 5%- 0%
State Shared Revenue 5,483,128 5,364,193 6,018,828 535,699 10%654,635 12%
Federal Grants 137,309 351,117 196,723 59,414 43%(154,394) -44%
State Grants 30,032 68,955 56,189 26,157 87%(12,766) -19%
Other Grants/Intgovt 221,335 170,655 164,097 (57,238) -26%(6,558) -4%
ARRA Grants - - - - N/A - N/A
Total Rev YTD 6,213,743$ 6,312,581$ 6,793,497$ 579,754$ 9%480,917$ 8%
Total Rev Annual 7,436,309$ 7,758,200$
YTD %84%81%88%
Note: Includes CJ Sales Tax and FD25 & FD40 contracts
17 018 018
Actual Budget Actual $%$%
Crim Just Sales Tax 2,571,958$ 2,550,859$ 2,811,457$ 239,498$ 9%260,598$ 10%
Judicial Contribution 11,141 - 16,533 5,392 48%16,533 100%
Crim Just - High Crime 272,857 257,557 284,633 11,776 4%27,076 11%
Crim Just - Pop 28,640 24,725 29,781 1,141 4%5,056 20%
Crim Just - Spec Prog 103,951 91,690 107,640 3,688 4%15,950 17%
State DUI 15,352 17,514 15,182 (170) -1%(2,332) -13%
Marijuana Distribution - - 213,889 213,889 100%213,889 100%
Liquor Profits 641,637 637,690 638,266 (3,372) -1%576 0%
Liquor Excise Tax 488,280 453,299 519,189 30,910 6%65,890 15%
Fuel Tax 1,349,311 1,330,859 1,382,259 32,948 2%51,399 4%
YTD Total 5,483,128$ 5,364,193$ 6,018,828$ 535,699$ 10%654,635$ 12%
Annual Total 6,081,444$ 5,942,169$
018 vs. Budget
State Shared Revenues
018 vs. 17
Revenue
Year to Date through November
Monthly Financial Report November 2018
Page | 7
Preliminary as of 01/07/2019
Charges for Services
These revenue sources consist of general government, public safety, plan review and inspection, culture and recreation, and
interfund/interdepartmental sales and services. Recreation and interfund/interdepartmental sales and services constitute 64% of the total
revenue in this category. The year-to-date total charges for services are $7.9M or 90% of the budget. The following sections provide detail
information for Public Safety, Recreation, and Interfund Services.
Public Safety Services
YTD Total: $1.1M
Year-to-Year YTD Variance: $313K, 42%
Actual-to-Budget YTD Variance: $503K, 89%
Narrative: The variance with the prior year is due
to collecting large reimbursements for the School
Resource Officer program. November’s boost in
revenue was the result of police private sector
overtime and other intergovernmental law
enforcement services.
Recreation
Current Month Actual: $38K
YTD Total: $1.5M
Budgeted YTD: $1.7M
Prior Year Same Month: $58K
Prior Year YTD Total: $1.7M
Year-to-Year Monthly Variance: $(-20K), -35%
Year-to-Year YTD Variance: $(-167K), -10%
Actual-to-Budget Monthly Variance: $(-29K), -43%
Actual-to-Budget YTD Variance: $(-207K), -12%
Narrative: The total year-to-year variance is
primarily related to aquatic center fees ($106K less
than PY YTD) and community center self-sustaining
program fees being behind prior year figures. The
budget to actual variance is primarily being driven
by aquatic center fees and community center activity fees (non-instructor).
17 018 018
Actual Budget Actual $%$%
Jan 64,424$ 57,002$ 224,932$ 160,509$ 249%167,930$ 295%
Feb 68,705 56,753 60,888 (7,817) -11%4,136 7%
Mar 148,707 69,703 82,789 (65,918) -44%13,086 19%
Apr 61,399 37,896 58,572 (2,827) -5%20,676 55%
May 63,815 37,767 77,233 13,418 21%39,467 105%
Jun 43,374 75,004 84,800 41,426 96%9,796 13%
Jul 59,850 31,948 92,695 32,845 55%60,748 190%
Aug 58,114 34,576 50,236 (7,878) -14%15,660 45%
Sep 53,908 40,957 78,189 24,281 45%37,232 91%
Oct 52,056 71,643 187,194 135,137 260%115,550 161%
Nov 77,748 49,060 68,008 (9,740) -13%18,948 39%
Dec 85,628 55,327 -
YTD Total 752,100$ 562,308$ 1,065,536$ 313,436$ 42%503,228$ 89%
Annual Total 837,728$ 617,635$
Year to Date through November
Public Safety Services
018 vs. 17 018 vs. Budget
Month
17 018 018
Actual Budget Actual $%$%
Jan 152,350$ 165,916$ 138,388$ (13,962)$ -9%(27,528)$ -17%
Feb 38,452 45,377 51,694 13,243 34%6,317 14%
Mar 65,420 66,147 55,300 (10,121) -15%(10,847) -16%
Apr 74,806 98,371 70,321 (4,486) -6%(28,050) -29%
May 84,381 82,203 82,814 (1,568) -2%611 1%
Jun 153,304 206,297 191,108 37,804 25%(15,189) -7%
Jul 482,458 423,801 419,790 (62,669) -13%(4,011) -1%
Aug 382,296 384,147 313,627 (68,669) -18%(70,520) -18%
Sep 135,476 127,601 76,421 (59,055) -44%(51,180) -40%
Oct 49,113 49,764 72,092 22,979 47%22,328 45%
Nov 58,320 66,466 37,924 (20,395) -35%(28,542) -43%
Dec 45,946 44,831 -
YTD Total 1,676,377$ 1,716,092$ 1,509,479$ (166,898)$ -10%(206,612)$ -12%
Annual Total 1,722,323$ 1,760,923$
Recreation
Year to Date through November
018 vs. Budget018 vs. 17
Month
Monthly Financial Report November 2018
Page | 8
Preliminary as of 01/07/2019
Interfund Services
YTD Total: $3.6M
Year-to-Year YTD Variance: $(-39K), -1%
Actual-to-Budget YTD Variance: $(-422K), -11%
Narrative: 2018’s monthly budgets are based on
1/12th of the annual budget. The majority of these
revenues are related to indirect cost allocations,
which are internal administrative costs. The
remaining costs consist of Development Services
division’s inspection fees, Parks Planning and
Natural Resources division’s capital investment
program reimbursements, Transportation
division’s capital investment program
reimbursements, and Maintenance division’s
street maintenance reimbursements.
Fines and Penalties
YTD Total: $3.9M
Year-to-Year YTD Variance: $1.2M, 48%
Actual-to-Budget YTD Variance: $245K, 7%
Narrative: These revenue sources contain civil
(penalties, infractions, and parking), criminal
(traffic, non-traffic, and costs), and non-court
fines, forfeitures, and penalties. The table below
breaks down these fines by type. Positive trends
in the revenue generated from the photo
enforcement program is closing the actual-to-
budget variance, and would expect to be a
positive variance by year-end.
17 018 018
Actual Budget Actual $%$%
Jan 330,774$ 363,424$ 341,804$ 11,030$ 3%(21,619)$ -6%
Feb 319,851 363,424 344,339 24,488 8%(19,084) -5%
Mar 377,192 363,424 378,470 1,278 0%15,046 4%
Apr 332,180 363,424 332,894 714 0%(30,530) -8%
May 332,543 363,424 328,765 (3,778) -1%(34,659) -10%
Jun 322,435 363,424 320,735 (1,699) -1%(42,689) -12%
Jul 314,856 363,424 236,427 (78,430) -25%(126,997) -35%
Aug 295,921 363,424 313,949 18,028 6%(49,474) -14%
Sep 350,908 363,424 314,193 (36,715) -10%(49,231) -14%
Oct 321,038 363,424 330,901 9,863 3%(32,522) -9%
Nov 316,488 363,424 332,981 16,492 5%(30,443) -8%
Dec 302,147 363,424 -
YTD Total 3,614,187$ 3,997,662$ 3,575,459$ (38,727)$ -1%(422,203)$ -11%
Annual Total 3,916,334$ 4,361,086$
Interfund Services
Year to Date through November
018 vs. 17 018 vs. Budget
Month
17 018 018
Actual Budget Actual $%$%
Jan 134,957$ 206,614$ 141,625$ 6,668$ 5%(64,989)$ -31%
Feb 217,056 309,853 224,814 7,759 4%(85,039) -27%
Mar 212,186 331,630 312,111 99,925 47%(19,518) -6%
Apr 242,816 340,209 137,934 (104,882) -43%(202,275) -59%
May 229,877 312,735 230,762 885 0%(81,973) -26%
Jun 302,666 401,048 235,311 (67,354) -22%(165,737) -41%
Jul 247,260 328,975 451,443 204,183 83%122,468 37%
Aug 298,685 374,734 624,200 325,516 109%249,466 67%
Sep 220,425 291,346 461,645 241,220 109%170,299 58%
Oct 274,245 363,684 582,058 307,813 112%218,374 60%
Nov 240,739 361,754 465,852 225,114 94%104,098 29%
Dec 325,938 423,905
YTD Total 2,620,911$ 3,622,582$ 3,867,757$ 1,246,846$ 48%245,175$ 7%
Annual Total 2,946,849$ 4,046,487$
018 vs. Budget018 vs. 17
Year to Date through November
Fines and Penalties by Month
Month
Year to Date through November
17 018 018
Actual Budget Actual $%$%
Civil Penalties 1,906$ 4,762$ 1,404$ (502)$ -26%(3,358)$ -71%
Civil Infraction Penalties 283,933 277,720 328,193 44,260 16%50,473 18%
Civil Parking Infraction Penalties 157,638 209,446 165,708 8,070 5%(43,739) -21%
Photo Enforcement Program 1,924,564 2,920,509 3,118,804 1,194,240 62%198,295 7%
Criminal Traffic Misdemeanor Fines 69,133 63,583 64,081 (5,051) -7%499 1%
Criminal Non-Traffic Fines 70,281 50,035 66,187 (4,094) -6%16,151 32%
Criminal Costs 74,421 76,702 88,185 13,763 18%11,482 15%
Non-Court Fines, Forfeitures and Penalties 39,035 19,825 35,196 (3,839) -10%15,371 78%
YTD Total 2,620,911$ 3,622,582$ 3,867,757$ 1,246,846$ 48%245,175$ 7%
Annual Total 2,946,849$ 4,046,487$
Revenue
018 vs. Budget
Fines and Penalties by Type
018 vs. 17
Monthly Financial Report November 2018
Page | 9
Preliminary as of 01/07/2019
Included in the Fines and Penalties revenue budget is
$2.9M from the Photo Enforcement program. The monthly
budget is based on the prior year’s revenue. The year-to-
date collections from this program equates to $3.1M.
The associated costs includes the equipment provided by
American Traffic Solutions, Inc. (ATS), dedicated 1 FTE in the
Court Services Department to process the increased
caseload and 1.1 FTEs in the Police Department for support
services. This staff time, along with a 50% pro tem budget
and interpreter costs amounts to $329K for personnel
costs. The total costs for the program equates to $1.5M
which is represented in the table. Due to the timing of
when the invoice was received, January 2018’s equipment
rental cost was recorded in February.
Miscellaneous
YTD Total: $2.4M
Year-to-Year YTD Variance: $351K, 17%
Actual-to-Budget YTD Variance: $754K, 47%
Narrative: This revenue source reflects the
collection of interest and other earnings, rents,
leases, and concessions, contributions, and
donations from private sources, and other
miscellaneous revenues. Though the year was
started due to a large variance in Seizure Funds
collected in 2017 and a lack there of in 2018, in May
2018 $227K in Seizure Funds were collected
resulting in a large positive variance. Seizure Funds
are restricted to drug enforcement only and are not
available for general operating purposes.
17 018 018
Actual Budget Actual $%$%
Jan 363,997$ 228,614$ 262,690$ (101,308)$ -28%34,076$ 15%
Feb 148,988 132,647 150,608 1,620 1%17,961 14%
Mar 150,954 123,364 178,170 27,216 18%54,806 44%
Apr 188,887 132,886 152,700 (36,186) -19%19,814 15%
May 152,678 125,481 386,715 234,037 153%261,233 208%
Jun 179,152 148,520 193,674 14,522 8%45,154 30%
Jul 193,718 184,843 221,279 27,561 14%36,436 20%
Aug 198,576 165,804 275,725 77,148 39%109,920 66%
Sep 151,310 142,354 164,873 13,563 9%22,518 16%
Oct 156,212 125,703 200,817 44,604 29%75,114 60%
Nov 125,698 97,379 174,068 48,370 38%76,689 79%
Dec 468,107 396,924
YTD Total 2,010,171$ 1,607,596$ 2,361,318$ 351,147$ 17%753,722$ 47%
Annual Total 2,478,278$ 2,004,520$
Year to Date through November
Month
018 vs. Budget018 vs. 17
Miscellaneous Revenues by Month
17 018 018
Actual Budget Actual $%$%
Interests and Other Earnings 797,579$ 574,599$ 1,023,039$ 225,460$ 28%448,440$ 78%
Rents, Leases, and Concessions 606,915 604,970 661,348 54,432 9%56,377 9%
Contributions/Donations from Private Sources 125,841 188,422 156,789 30,948 25%(31,633) -17%
Other 311,006 239,606 240,145 (70,861) -23%539 0%
Seizure Funds - Federal/State/Local 168,830 - 279,998 111,168 66%279,998 100%
YTD Total 2,010,171$ 1,607,596$ 2,361,318$ 351,147$ 17%753,722$ 47%
Annual Total 2,478,278$ 2,004,520$
018 vs. Budget
Miscellaneous Revenues by Type
Year to Date through November
Revenue
018 vs. 17
Favorable
8 Budget 8 Actual 8 Budget 8 Actual (Unfavorable)1
Jan 204,207$ 136,853$ 124,941$ 27,432$ 109,421$
Feb 250,698 154,588 124,941 95,186 59,402
Mar 261,123 179,033 124,941 95,195 83,838
Apr 259,635 122,862 124,941 95,195 27,667
May 250,855 171,477 124,941 95,189 76,288
Jun 326,983 155,145 124,941 95,186 59,959
Jul 258,813 385,533 124,941 27,432 358,101
Aug 298,847 495,241 124,941 117,185 378,056
Sep 218,520 408,660 124,941 117,192 291,467
Oct 299,333 505,220 124,941 117,195 388,025
Nov 291,494 404,192 124,941 126,700 277,492
Dec 295,896 - 124,941 - -
YTD Total 2,920,509$ 3,118,804$ 1,374,356$ 1,009,089$ 2,109,716$
Annual Total 3,216,405$ 1,499,297$
1Actuals of Revenues and Expenses
ExpensesRevenues
Photo Enforcement Program
Year to Date through November
Month
Monthly Financial Report November 2018
Page | 10
Preliminary as of 01/07/2019
EXPENSES
Overall, the City has expended 80.3% of its budgeted general governmental expenditures at the end of November. This is $4.5M or 5.5%
below year-to-date budgeted expenditures. See below for summary of unfavorable items for general governmental departments.
Museum is over the year-to-date budget by $4K or 2.1%. This is due to over spending on intermittent salaries and wages ($3K) and
associated intermittent benefits of ($1K).
Council, Executive, Community and Economic Development, Community Services Admin and Human Services are all reflecting a negative
variance on their respective expenditures; however, after taking a deeper dive into the specific costs associated with these variances, these
are primarily related to timing differences that are skewing the variance calculation.
Monthly Financial Report November 2018
Page | 11
Preliminary as of 01/07/2019
ENTERPRISE FUNDS
The table below gives an analysis of all City Enterprise funds. Displayed are the year-to-date revenues and expenditures for each enterprise.
Included in each funds are the capital revenues and expenditures.
Airport Golf Course Solid Waste
Utility Water Utility Wastewater
Utility
Surface
Water Utility Metro
REVENUES:
Licenses and permits - - - - 78,860 55,350 -
Grants / intergovernmental 52,887 5,259 83,779 - - 1,001,342 -
Charges for services 260,141 1,823,032 16,023,482 16,843,718 9,919,230 10,878,797 15,515,760
Interdepartmental services - - - - - - -
Fines and penalties 316 - - - 694 - -
Rents, leases, and misc fees 2,715,095 423,537 7,675 198,265 - - -
Interest and other misc 45,707 11,296 29,074 1,288,281 1,184,505 453,876 57,408
TOTAL REVENUES 3,074,146 2,263,124 16,144,010 18,330,264 11,183,289 12,389,365 15,573,168
EXPENSES:
Utility billing - - 38,105 148,611 121,513 185,926 -
Utility systems - - 17,243,325 3,797,920 3,264,690 3,435,780 -
Utility maintenance - - 332,688 5,311,061 2,046,477 2,816,535 15,088,579
Transportation 1,741,717 - - - - - -
Golf - 2,043,894 - - - - -
TOTAL EXPENSES 1,741,717 2,043,894 17,614,118 9,257,592 5,432,680 6,438,241 15,088,579
AMOUNT AVAILABLE FOR DEBT
SERVICE 1,332,429 219,230 (1,470,108) 9,072,672 5,750,609 5,951,124 484,589
DEBT SERVICE:
Principal - - - 345,818 - - -
Interest - - - 118,969 50,767 535,267 -
TOTAL DEBT SERVICE - - - 464,787 50,767 535,267 -
CAPITAL PROJECTS 52,129 266 - 2,780,236 3,164,846 2,318,242 -
TRANSFERS IN/(OUT)- - (1,582) (12,656) (1,582) (2,575) -
CHANGE IN FUND BALANCE 1,280,300 218,964 (1,471,690) 5,814,993 2,533,414 3,095,040 484,589
BEGINNING FUND BALANCE, Jan 1 3,459,189 5,267 3,000,312 33,913,567 17,410,002 13,934,705 5,089,769
ENDING FUND BALANCE, Nov 30 4,739,489 224,231 1,528,622 39,728,560 19,943,416 17,029,745 5,574,358
Monthly Financial Report November 2018
Page | 12
Preliminary as of 01/07/2019
INTERNAL SERVICE FUNDS
The table below gives an analysis of all City Internal Service Funds. Displayed are the year-to-date revenues and expenditures for each
internal service. Included in each fund are the capital revenues and expenditures.
Equipment
Rental
Information
Technology Facilities Communications Insurance Healthcare Retiree
Healthcare
REVENUES:
Technology Fee - 244,656 - - - - -
Grants / intergovernmental - - - - - - 45,754
Charges for services
Equipment rental m&o 2,704,467 3,998,320 - - - - -
Print and mail - - - 407,468 - - -
Communications - 820,102 - 608,393 - - -
Facilities - - 4,743,381 - - - -
Data cards and cell phones - - - - - - -
IT service contracts - - - - - - -
Interest and other misc 68,973 37,994 15,997 6,793 188,518 48,992 135,081
Internal service fund misc:
Vehicle / equipment capital recovery 1,908,731 193,225 - - - - -
Insurance premiums - - - - 1,585,536 - -
Worker's comp/unemployment - - - - 1,301,810 - -
Benefit premiums - - - - - 8,585,341 2,405,960
Other misc 303 50 22 - - 875,529 -
Interfund Loan - - - - - - -
Capital contributions - - - - - - -
Disposal of capital assets 54,889 - - - - - -
Insurance recoveries - - - - 282,391 - -
TOTAL REVENUES 4,737,363 5,294,347 4,759,399 1,022,654 3,358,255 9,509,862 2,586,795
EXPENSES:
Communications 579,157
Equipment rental 2,417,828
Facilities 4,670,714
Healthcare 9,466,459
Information technology 4,879,735
Print and mail 376,481
Retiree healthcare 730,038
Risk management:
Risk management 1,702,770
Unemployment 53,371
Worker's compensation 1,048,355
TOTAL EXPENSES 2,417,828 4,879,735 4,670,714 955,638 2,804,496 9,466,459 730,038
AMOUNT AVAILABLE FOR CAPITAL 2,319,535 414,612 88,685 67,016 553,759 43,403 1,856,757
CAPITAL PROJECTS 3,912,538 386,050 49,063 - - - -
TRANSFERS IN - 50,198 2,456 - - - -
TRANSFERS (OUT)(3,190) - - - - - -
CHANGE IN FUND BALANCE (1,596,193) 78,760 42,078 67,016 553,759 43,403 1,856,757
BEGINNING FUND BALANCE, Jan 1 6,882,620 3,737,060 1,530,747 608,145 17,731,130 4,617,488 11,887,344
ENDING FUND BALANCE, Nov 30 5,286,427 3,815,820 1,572,825 675,161 18,284,889 4,660,891 13,744,101
Monthly Financial Report November 2018
Page | 13
Preliminary as of 01/07/2019
FUND BALANCE
Page 14 shows the ending fund balance as of November 2018. The City’s fund balance is a combination of current deficit/surplus of funds
which have accrued from unexpended operating budgets, unanticipated excess revenues, and from balances accumulated from prior years.
The prior year’s balances (or beginning balance) include funds identified as being reserved for specific purposes or required to meet the
current year’s appropriations. These balances also provide financial stability to the City’s operation during uncertain times and provide a
layer of security to bondholders.
At the end of November, the City has $54.2M reported in the combined general governmental fund balance of the current year’s operating
budget, which is approximately 53.0% of budgeted operating expenditures. This is an increase of $20.9M from the year’s beginning
balance. November’s ending fund balance is over the anticipated General Governmental Fund Balance of $39.9M by $14.3M or 35.9%. At
this time last year, the fund balance was 21.3% above the projected year-to-date budget, however, the overage in fund balance for the
month of November compared to this time last year is very similar ($14.3M for 2018 vs $8.6M for 2017).
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 us at
mgordon@rentonwa.gov or JDThomas@Rentonwa.gov.
Monthly Financial Report November 2018
Page | 14
Preliminary as of 01/07/2019
City of Renton
All Funds - Revenue, Expenditures and Fund Balances
Cash Basis through November 30, 2018
Funds
Balance
01/01/018
Budgeted
Revenue
Revenue
11/30/18
Total Funds
Available
Budgeted
Expenditure
Expenditure
11/30/18 Ending Balance
GENERAL GOVERNMENT FUNDS:33,284,838 101,326,000 103,051,777 136,336,615 102,295,638 82,098,887 54,237,728
000 General 22,708,066 69,528,727 73,137,785 95,845,851 69,635,582 58,495,441 37,350,410
001 Community Services 4,840,993 13,785,144 12,782,401 17,623,394 13,878,699 11,694,089 5,929,306
003 Street 3,143,904 11,163,240 10,764,695 13,908,599 11,773,231 10,099,058 3,809,541
004 Community Dev Block Grant 54,286 913,366 83,381 137,667 953,367 200,203 (62,536)
005 Museum 70,992 239,129 239,657 310,649 241,246 225,283 85,367
009 Farmers Market 105,323 100,175 81,403 186,726 110,269 106,151 80,576
201 Ltd GO Bonds Gen Govt Debt 863,732 - 9,076 872,808 - 127 872,681
215 Gen Govt Misc Debt Service 1,497,542 5,596,219 5,953,378 7,450,920 5,703,244 1,278,537 6,172,383
SPECIAL REVENUE FUNDS:2,093,053 1,976,224 2,239,603 4,332,656 2,140,392 1,065,596 3,267,060
102 Arterial Street 108,438 670,000 654,829 763,267 670,000 - 763,267
108 Leased City Properties 611,055 967,550 971,462 1,582,517 983,406 779,769 802,748
110 Hotel Motel 461,434 226,000 501,334 962,768 335,629 242,811 719,957
125 1% For Art 103,109 15,000 1,090 104,199 53,683 - 104,199
127 Cable Communication 472,489 97,674 107,326 579,815 97,674 43,016 536,799
135 Springbrook Wetlands Bank 336,528 - 3,562 340,090 - - 340,090
CAPITAL PROJECT FUNDS (CIP):36,295,483 28,873,451 15,245,080 51,540,563 49,714,407 12,117,898 39,422,665
303 Community Services Mitigation 1,909,355 86,500 587,255 2,496,610 - - 2,496,610
304 Fire Mitigation 936,972 99,000 553,227 1,490,199 142,975 - 1,490,199
305 Transportation Mitigation 810,962 632,400 2,943,682 3,754,644 505,000 - 3,754,644
316 Municipal Facilities CIP 19,671,696 11,248,128 7,357,025 27,028,721 27,083,301 6,280,477 20,748,244
317 Transportation CIP 5,808,539 16,807,423 3,496,348 9,304,887 21,627,131 5,596,874 3,708,013
326 Housing Opportunity 2,548,975 - 27,126 2,576,101 25,000 - 2,576,101
336 New Library Development 451,093 - 4,444 455,537 - 12 455,525
346 New Family First Center Dvlpmnt 4,157,891 - 275,973 4,433,864 331,000 240,535 4,193,329
ENTERPRISE FUNDS:76,812,811 88,718,828 79,021,534 155,834,345 136,108,306 67,065,920 88,768,425
4X2 Airport Operating & CIP 3,459,189 3,637,862 3,074,146 6,533,335 6,209,762 1,793,846 4,739,489
403 Solid Waste Utility 3,000,312 19,505,718 16,144,010 19,144,322 19,477,264 17,615,699 1,528,623
4X4 Golf Operating & CIP 5,267 2,287,213 2,327,291 2,332,558 2,287,585 2,108,326 224,232
4X5 Water Operating & CIP 33,913,567 17,420,439 18,330,264 52,243,831 42,826,090 12,515,270 39,728,561
4X6 Waste Water Operating & CIP 17,410,002 10,103,577 11,183,290 28,593,292 21,691,422 8,649,875 19,943,417
416 King County Metro 5,089,769 17,505,693 15,573,168 20,662,937 17,505,693 15,088,579 5,574,358
4X7 Surface Water Operating & CIP 13,934,705 18,258,326 12,389,365 26,324,070 26,110,490 9,294,325 17,029,745
INTERNAL SERVICE FUNDS:46,994,534 30,937,136 31,321,331 78,315,865 35,078,484 30,275,750 48,040,115
501 Equipment Repair/Replacement 6,882,620 6,306,622 4,737,363 11,619,983 8,139,462 6,333,556 5,286,427
502 Insurance 17,731,130 3,307,514 3,358,255 21,089,385 3,315,116 2,804,497 18,284,888
503 Information Services 3,737,060 5,747,430 5,344,545 9,081,605 7,460,742 5,265,785 3,815,820
504 Facilities 1,530,747 5,023,713 4,761,856 6,292,603 5,384,024 4,719,777 1,572,826
505 Communications 608,145 1,102,300 1,022,654 1,630,799 1,106,329 955,638 675,161
512 Insurance, Healthcare 4,617,488 8,191,708 9,509,863 14,127,351 8,578,084 9,466,459 4,660,892
522 Insurance, Leoff1 Retirees HC 11,887,344 1,257,849 2,586,795 14,474,139 1,094,727 730,038 13,744,101
FIDUCIARY FUNDS:5,832,897 468,000 1,496,106 7,329,003 200,475 176,918 7,152,085
611 Firemen's Pension 5,832,897 468,000 1,496,106 7,329,003 200,475 176,918 7,152,085
TOTAL FUNDS 201,313,616 252,299,639 232,375,431 433,689,047 325,537,702 192,800,969 240,888,078
City of Renton
General Government Financial Position
2018 Budget Year
General Government Summary
Revenues Expenditures
$ Difference
over (under)
w/beginning
balance
33,284,838
January 8,189,596 6,868,916 1,320,680 34,605,518
February 16,348,402 14,082,847 2,265,555 35,550,393
March 23,642,627 21,729,189 1,913,438 35,198,276
April 41,909,125 28,695,484 13,213,641 46,498,479
May 51,384,537 36,202,262 15,182,276 48,467,114
June 57,592,687 43,674,562 13,918,125 47,202,963
July 64,087,891 51,789,364 12,298,527 45,583,365
August 71,469,278 59,500,307 11,968,971 45,253,809
September 77,726,799 67,123,433 10,603,367 43,888,205
October 93,947,016 74,473,002 19,474,014 52,758,852
November 103,051,777 82,098,887 20,952,890 54,237,728
December
(8,000,000)
(6,000,000)
(4,000,000)
(2,000,000)
‐
2,000,000
4,000,000
6,000,000
8,000,000
10,000,000
12,000,000
14,000,000
16,000,000
18,000,000
20,000,000
22,000,000
24,000,000
‐
10,000,000
20,000,000
30,000,000
40,000,000
50,000,000
60,000,000
70,000,000
80,000,000
90,000,000
100,000,000
110,000,000
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Change in Fund
Balance
Rev/Exp Revenues
Expenditures
Change in Fund Balance
City of Renton
Monthly Revenue Analysis ‐ 2018 Budget Year
General
Government Budget
YTD
Actual
Annual %
over (under)
Jan 7,915,506 8,189,596 3.46%
Feb 14,503,245 16,348,402 12.72%
Mar 21,041,048 23,642,627 12.36%
Apr 33,149,531 41,909,125 26.42%
May 43,839,227 51,384,537 17.21%
Jun 50,104,602 57,592,687 14.94%
Jul 58,001,475 64,087,891 10.49%
Aug 64,783,245 71,469,278 10.32%
Sep 70,790,457 77,726,799 9.80%
Oct 81,807,720 93,947,016 14.84%
Nov 93,250,465 103,051,777 10.51%
Dec 101,325,999
Percent of budget 101.70%
Property Tax Budget
YTD
Actual
Annual %
over (under)
Jan 31,649 (12,745) ‐140.27%
Feb 192,923 93,620 ‐51.47%
Mar 880,619 759,091 ‐13.80%
Apr 5,585,498 7,667,724 37.28%
May 10,133,810 10,087,649 ‐0.46%
Jun 10,218,049 10,196,490 ‐0.21%
Jul 10,258,103 10,286,562 0.28%
Aug 10,366,119 10,370,747 0.04%
Sep 10,682,507 10,567,283 ‐1.08%
Oct 13,934,125 17,645,161 26.63%
Nov 19,305,972 19,387,264 0.42%
Dec 19,397,308
Percent of budget 99.95%
$‐
$10
$20
$30
$40
$50
$60
$70
$80
$90
$100
$110
$120
$130
Millions Total Revenue
General Government
Budget
Actual
Last Year
$(3)
$‐
$3
$6
$9
$12
$15
$18
$21
$24
$27
$30
$33
$36
$39
Millions Property Tax
Budget
Actual
Last Year
City of Renton
Monthly Revenue Analysis ‐ 2018 Budget Year
Sales Tax Budget
YTD
Actual
Annual %
over (under)
Jan 2,260,736 2,481,092 9.75%
Feb 4,948,626 5,657,031 14.32%
Mar 7,092,465 8,004,696 12.86%
Apr 9,200,855 10,252,667 11.43%
May 11,717,901 13,054,786 11.41%
Jun 13,938,141 15,289,603 9.70%
Jul 16,253,766 17,675,268 8.75%
Aug 18,828,019 20,249,131 7.55%
Sep 21,239,052 22,920,915 7.92%
Oct 23,758,560 25,359,305 6.74%
Nov 26,381,491 27,745,005 5.17%
Dec 28,803,740
Percent of budget 96.32%
Note: Excludes CJ Sales Tax and Natural Gas Use Tax.
Utility Tax Budget
YTD
Actual
Annual %
over (under)
Jan 1,472,870 1,395,386 ‐5.26%
Feb 2,886,038 3,013,358 4.41%
Mar 4,135,571 4,592,549 11.05%
Apr 5,628,573 6,055,885 7.59%
May 6,970,433 7,470,841 7.18%
Jun 8,143,555 8,740,443 7.33%
Jul 9,485,903 10,139,403 6.89%
Aug 10,640,985 11,342,571 6.59%
Sep 11,865,442 12,540,189 5.69%
Oct 13,187,689 13,832,407 4.89%
Nov 14,330,720 14,915,690 4.08%
Dec 15,664,124
Percent of budget 95.22%
Note: Includes Natural Gas Use Tax.
$‐
$3
$6
$9
$12
$15
$18
$21
$24
$27
$30
Millions Sales Tax
Budget
Actual
Last Year
$‐
$2
$4
$6
$8
$10
$12
$14
$16
Millions Utility Tax
Budget
Actual
Last Year
City of Renton
Monthly Revenue Analysis ‐ 2018 Budget Year
Licenses &
Permits Budget
YTD
Actual
Annual %
over (under)
Jan 542,968 528,042 ‐2.75%
Feb 882,644 862,852 ‐2.24%
Mar 1,351,799 1,387,152 2.62%
Apr 1,643,109 1,713,974 4.31%
May 2,055,846 2,043,697 ‐0.59%
Jun 2,418,780 2,300,379 ‐4.90%
Jul 2,801,557 2,707,591 ‐3.35%
Aug 3,197,312 3,043,817 ‐4.80%
Sep 3,554,091 3,299,040 ‐7.18%
Oct 3,935,525 3,568,929 ‐9.32%
Nov 4,250,222 3,763,594 ‐11.45%
Dec 4,511,213
Percent of budget 83.43%
Note: GF only
Intergovt'l Budget
YTD
Actual
Annual %
over (under)
Jan 596,547 601,356 0.81%
Feb 1,229,636 1,241,708 0.98%
Mar 1,807,433 1,932,260 6.91%
Apr 2,354,778 2,510,510 6.61%
May 2,771,429 2,960,813 6.83%
Jun 3,384,888 3,643,008 7.63%
Jul 3,938,155 4,242,922 7.74%
Aug 4,596,620 4,912,215 6.87%
Sep 5,203,230 5,613,849 7.89%
Oct 5,804,764 6,261,067 7.86%
Nov 6,346,091 6,793,497 7.05%
Dec 7,758,200
Percent of budget 87.57%
Note: Includes CJ Sales Tax and FD25 & FD40 contracts
$‐
$1
$2
$3
$4
$5
$6
$7
$8
$9
Millions Intergovernmental
Budget
Actual
Last Year
$‐
$0.50
$1.00
$1.50
$2.00
$2.50
$3.00
$3.50
$4.00
$4.50
$5.00
Millions Licenses & Permits
Budget
Actual
Last Year
City of Renton
Monthly Revenue Analysis ‐ 2018 Budget Year
Charges for
Services Budget
YTD
Actual
Annual %
over (under)
Jan 736,564 851,592 15.62%
Feb 1,322,090 1,451,288 9.77%
Mar 1,971,621 2,138,586 8.47%
Apr 2,606,664 2,756,537 5.75%
May 3,288,813 3,419,632 3.98%
Jun 4,176,312 4,174,120 ‐0.05%
Jul 5,129,315 5,053,517 ‐1.48%
Aug 6,081,978 5,871,176 ‐3.47%
Sep 6,744,386 6,423,006 ‐4.77%
Oct 7,386,036 7,226,821 ‐2.16%
Nov 8,043,187 7,902,937 ‐1.74%
Dec 8,785,388
Percent of budget 89.96%
Note: Excludes FD25 & FD40 contracts
Fines &
Forfeits Budget
YTD
Actual
Annual %
over (under)
Jan 206,614 141,625 ‐31.45%
Feb 516,467 366,439 ‐29.05%
Mar 848,097 678,550 ‐19.99%
Apr 1,188,305 816,484 ‐31.29%
May 1,501,041 1,047,246 ‐30.23%
Jun 1,902,089 1,282,558 ‐32.57%
Jul 2,231,064 1,734,001 ‐22.28%
Aug 2,605,798 2,358,201 ‐9.50%
Sep 2,897,143 2,819,846 ‐2.67%
Oct 3,260,828 3,401,905 4.33%
Nov 3,622,582 3,867,757 6.77%
Dec 4,046,487
Percent of budget 95.58%
$‐
$1
$2
$3
$4
$5
$6
$7
$8
$9
Millions Charges for Services
Budget
Actual
Last Year
$‐
$0.50
$1.00
$1.50
$2.00
$2.50
$3.00
$3.50
$4.00
Millions Fines & Forfeits
Budget
Actual
Last Year
City of Renton
Monthly Revenue Analysis ‐ 2018 Budget Year
Other Taxes Budget
YTD
Actual
Annual %
over (under)
Jan 1,826,266 1,940,559 6.26%
Feb 2,150,560 3,235,809 50.46%
Mar 2,455,818 3,545,274 44.36%
Apr 4,311,237 9,378,175 117.53%
May 4,643,962 10,155,990 118.69%
Jun 5,018,275 10,628,530 111.80%
Jul 6,814,257 10,689,792 56.87%
Aug 7,211,253 11,486,859 59.29%
Sep 7,531,044 11,867,190 57.58%
Oct 9,340,928 14,775,123 58.18%
Nov 9,673,557 16,625,668 71.87%
Dec 10,202,878
Percent of budget 162.95%
Misc Budget
YTD
Actual
Annual %
over (under)
Jan 228,614 262,690 14.91%
Feb 361,261 413,298 14.40%
Mar 484,625 591,468 22.05%
Apr 617,512 744,168 20.51%
May 742,993 1,130,883 52.21%
Jun 891,513 1,324,557 48.57%
Jul 1,076,356 1,545,836 43.62%
Aug 1,242,160 1,821,561 46.64%
Sep 1,384,515 1,986,434 43.48%
Oct 1,510,218 2,187,250 44.83%
Nov 1,607,596 2,361,318 46.89%
Dec 2,004,520
Percent of budget 117.80%
$‐
$0.50
$1.00
$1.50
$2.00
$2.50
$3.00
Millions Miscellaneous
Budget
Actual
Last Year
$‐
$1
$2
$3
$4
$5
$6
$7
$8
$9
$10
$11
$12
$13
$14
$15
$16
$17
$18
Millions Other Taxes
Budget
Actual
Last Year
City of Renton
Monthly Revenue Analysis ‐ 2018 Budget Year
Other
Financing Budget
YTD
Actual
Annual %
over (under)
Jan 12,679 ‐ 0.00%
Feb 13,000 13,000 0.00%
Mar 13,000 13,000 0.00%
Apr 13,000 13,000 0.00%
May 13,000 13,000 0.00%
Jun 13,000 13,000 0.00%
Jul 13,000 13,000 0.00%
Aug 13,000 13,000 0.00%
Sep (310,953) (310,953) 0.00%
Oct (310,953) (310,953) 0.00%
Nov (310,953) (310,953) 0.00%
Dec 152,142
Percent of budget ‐204.38%
REET Budget
YTD
Actual
Annual %
over (under)
Jan 786,056 840,316 6.90%
Feb 996,074 1,206,327 21.11%
Mar 1,388,016 1,497,372 7.88%
Apr 1,654,828 1,903,118 15.00%
May 1,955,479 2,510,550 28.39%
Jun 2,413,482 3,007,467 24.61%
Jul 2,853,657 3,854,099 35.06%
Aug 3,360,851 4,261,042 26.78%
Sep 3,792,293 4,712,391 24.26%
Oct 4,100,637 6,429,295 56.79%
Nov 4,499,171 7,405,875 64.61%
Dec 4,420,000
Percent of budget 167.55%
$‐
$0.50
$1.00
$1.50
$2.00
$2.50
$3.00
$3.50
$4.00
$4.50
$5.00
$5.50
$6.00
$6.50
$7.00
$7.50
$8.00
Millions Real Estate Excise Tax
Budget
Actual
Last Year
$0
$0
$0
$0
$0
$0
$0
$0
$0
MillionsOther Financing Sources
Budget
Actual
Last Year
City of Renton
Monthly Revenue Analysis ‐ 2018 Budget Year
Bldg Permits &
Devlpmt Svc
Fees Budget
YTD
Actual
Annual %
over (under)
Jan 552,839 314,626 ‐43.09%
Feb 913,232 595,371 ‐34.81%
Mar 1,479,571 1,183,898 ‐19.98%
Apr 1,794,437 1,587,790 ‐11.52%
May 2,282,625 2,024,732 ‐11.30%
Jun 2,831,745 2,388,253 ‐15.66%
Jul 3,210,944 2,873,173 ‐10.52%
Aug 3,643,763 3,284,409 ‐9.86%
Sep 4,074,387 3,626,710 ‐10.99%
Oct 4,501,603 4,080,027 ‐9.37%
Nov 4,907,534 4,377,494 ‐10.80%
Dec 5,326,699
Percent of budget 82.18%
B & O Tax Budget
YTD
Actual
Annual %
over (under)
Jan 1,527,200 1,301,574 ‐14.77%
Feb 1,718,100 2,315,204 34.75%
Mar 1,909,000 2,363,482 23.81%
Apr 3,436,200 7,793,531 126.81%
May 3,627,100 8,006,272 120.73%
Jun 3,818,000 8,178,959 114.22%
Jul 5,345,200 9,019,798 68.75%
Aug 5,536,100 9,471,014 71.08%
Sep 5,727,000 9,483,207 65.59%
Oct 7,254,200 10,055,844 38.62%
Nov 7,445,100 10,688,190 43.56%
Dec 7,636,000
Percent of budget 139.97%
$‐
$1.00
$2.00
$3.00
$4.00
$5.00
$6.00
Millions Building Permits and Development Service
Fees
Budget
Actual
Last Year
$‐ $0.50 $1.00 $1.50 $2.00 $2.50 $3.00 $3.50 $4.00 $4.50 $5.00 $5.50 $6.00 $6.50 $7.00 $7.50 $8.00 $8.50 $9.00 $9.50 $10.00 $10.50 $11.00 $11.50
Millions Business & Occupation Tax
Budget
Actual
Last Year
City of Renton
Monthly Expenditure Analysis ‐ 2018 Budget Year
General
Government Budget
YTD
Actual
Annual %
over (under)
Jan 7,354,671 6,868,916 ‐6.60%
Feb 14,854,124 14,082,847 ‐5.19%
Mar 22,543,780 21,729,189 ‐3.61%
Apr 29,936,737 28,695,484 ‐4.15%
May 37,906,517 36,202,262 ‐4.50%
Jun 45,891,503 43,674,562 ‐4.83%
Jul 54,553,164 51,789,364 ‐5.07%
Aug 62,916,249 59,500,307 ‐5.43%
Sep 71,037,573 67,123,433 ‐5.51%
Oct 79,031,013 74,473,002 ‐5.77%
Nov 86,589,216 82,098,887 ‐5.19%
Dec 102,295,638
Percent of budget expended 80.26%
Legislative Budget
YTD
Actual
Annual %
over (under)
Jan 36,796 38,187 3.78%
Feb 67,098 68,247 1.71%
Mar 102,377 98,763 ‐3.53%
Apr 133,436 131,800 ‐1.23%
May 163,576 162,362 ‐0.74%
Jun 194,460 191,630 ‐1.46%
Jul 224,009 221,457 ‐1.14%
Aug 253,784 251,165 ‐1.03%
Sep 283,711 286,754 1.07%
Oct 313,912 316,061 0.68%
Nov 343,921 347,364 1.00%
Dec 374,666
Percent of budget expended 92.71%
$‐
$20
$40
$60
$80
$100
$120
Millions
Total Expenditures
General Government
Budget
Actual
Last Year
$‐
$50,000
$100,000
$150,000
$200,000
$250,000
$300,000
$350,000
$400,000
Legislative
Budget
Actual
Last Year
City of Renton
Monthly Expenditure Analysis ‐ 2018 Budget Year
Executive Budget
YTD
Actual
Annual %
over (under)
Jan 225,633 216,805 ‐3.91%
Feb 375,912 370,213 ‐1.52%
Mar 546,199 545,152 ‐0.19%
Apr 697,950 699,202 0.18%
May 860,016 846,929 ‐1.52%
Jun 1,036,510 1,019,144 ‐1.68%
Jul 1,190,514 1,173,506 ‐1.43%
Aug 1,373,013 1,355,859 ‐1.25%
Sep 1,542,475 1,502,893 ‐2.57%
Oct 1,710,443 1,688,997 ‐1.25%
Nov 1,861,695 1,857,537 ‐0.22%
Dec 2,086,553
Percent of budget expended 89.02%
Emergency
Management Budget
YTD
Actual
Annual %
over (under)
Jan 40,141 46,027 14.66%
Feb 84,100 92,381 9.85%
Mar 139,488 143,430 2.83%
Apr 192,211 189,109 ‐1.61%
May 241,243 241,268 0.01%
Jun 291,079 290,880 ‐0.07%
Jul 341,927 343,115 0.35%
Aug 420,323 397,472 ‐5.44%
Sep 475,750 447,452 ‐5.95%
Oct 528,258 495,926 ‐6.12%
Nov 579,455 542,637 ‐6.35%
Dec 628,191
Percent of budget expended 86.38%
$‐
$0.30
$0.60
$0.90
$1.20
$1.50
$1.80
$2.10
$2.40
Millions Executive
Budget
Actual
Last Year
$‐
$100,000
$200,000
$300,000
$400,000
$500,000
$600,000
Emergency Management
Budget
Actual
Last Year
City of Renton
Monthly Expenditure Analysis ‐ 2018 Budget Year
City Attorney Budget
YTD
Actual
Annual %
over (under)
Jan 181,299 177,424 ‐2.14%
Feb 367,733 359,168 ‐2.33%
Mar 560,714 542,881 ‐3.18%
Apr 760,231 728,768 ‐4.14%
May 948,912 912,104 ‐3.88%
Jun 1,137,476 1,097,367 ‐3.53%
Jul 1,327,735 1,281,888 ‐3.45%
Aug 1,518,134 1,467,657 ‐3.32%
Sep 1,710,502 1,653,554 ‐3.33%
Oct 1,899,635 1,842,222 ‐3.02%
Nov 2,087,929 2,025,478 ‐2.99%
Dec 2,267,734
Percent of budget expended 89.32%
Court Services Budget
YTD
Actual
Annual %
over (under)
Jan 176,384 182,051 3.21%
Feb 359,319 371,810 3.48%
Mar 546,315 561,465 2.77%
Apr 734,460 749,786 2.09%
May 920,481 936,015 1.69%
Jun 1,108,912 1,124,445 1.40%
Jul 1,293,945 1,308,186 1.10%
Aug 1,479,202 1,495,645 1.11%
Sep 1,674,344 1,680,317 0.36%
Oct 1,861,659 1,862,442 0.04%
Nov 2,050,602 2,037,380 ‐0.64%
Dec 2,250,644
Percent of budget expended 90.52%
$‐
$0.20
$0.40
$0.60
$0.80
$1.00
$1.20
$1.40
$1.60
$1.80
$2.00
$2.20
Millions Court Services
Budget
Actual
Last Year
$‐
$0.40
$0.80
$1.20
$1.60
$2.00
$2.40
Millions City Attorney
Budget
Actual
Last Year
City of Renton
Monthly Expenditure Analysis ‐ 2018 Budget Year
CED Admin Budget
YTD
Actual
Annual %
over (under)
Jan 109,523 111,659 1.95%
Feb 219,526 223,634 1.87%
Mar 329,528 335,635 1.85%
Apr 439,743 449,552 2.23%
May 550,170 561,505 2.06%
Jun 665,842 673,328 1.12%
Jul 777,227 785,314 1.04%
Aug 888,696 897,301 0.97%
Sep 1,000,092 1,009,243 0.92%
Oct 1,110,844 1,120,366 0.86%
Nov 1,221,394 1,231,488 0.83%
Dec 1,344,262
Percent of budget expended 91.61%
Development
Services Budget
YTD
Actual
Annual %
over (under)
Jan 264,534 239,592 ‐9.43%
Feb 556,675 474,218 ‐14.81%
Mar 837,976 704,870 ‐15.88%
Apr 1,122,798 938,343 ‐16.43%
May 1,411,145 1,182,919 ‐16.17%
Jun 1,706,788 1,444,178 ‐15.39%
Jul 1,999,686 1,703,575 ‐14.81%
Aug 2,295,263 1,958,078 ‐14.69%
Sep 2,610,625 2,207,592 ‐15.44%
Oct 2,908,222 2,486,072 ‐14.52%
Nov 3,230,941 2,744,517 ‐15.06%
Dec 3,446,946
Percent of budget expended 79.62%
$‐
$0.20
$0.40
$0.60
$0.80
$1.00
$1.20
$1.40
Millions Community & Economic
Development Admin
Budget
Actual
Last Year
$‐
$0.50
$1.00
$1.50
$2.00
$2.50
$3.00
$3.50
Millions Development Services
Budget
Actual
Last Year
City of Renton
Monthly Expenditure Analysis ‐ 2018 Budget Year
Economic
Development Budget
YTD
Actual
Annual %
over (under)
Jan 82,734 54,919 ‐33.62%
Feb 176,032 142,952 ‐18.79%
Mar 261,975 191,708 ‐26.82%
Apr 407,222 236,753 ‐41.86%
May 599,713 288,153 ‐51.95%
Jun 764,290 347,114 ‐54.58%
Jul 897,336 404,143 ‐54.96%
Aug 1,022,935 454,699 ‐55.55%
Sep 1,175,083 503,238 ‐57.17%
Oct 1,350,859 597,205 ‐55.79%
Nov 1,487,111 676,396 ‐54.52%
Dec 1,664,738
Percent of budget expended 40.63%
Planning Budget
YTD
Actual
Annual %
over (under)
Jan 275,164 230,023 ‐16.41%
Feb 557,855 479,452 ‐14.05%
Mar 849,006 743,111 ‐12.47%
Apr 1,134,716 981,781 ‐13.48%
May 1,437,433 1,217,342 ‐15.31%
Jun 1,735,366 1,462,823 ‐15.71%
Jul 2,022,188 1,714,367 ‐15.22%
Aug 2,320,523 1,971,940 ‐15.02%
Sep 2,619,476 2,224,890 ‐15.06%
Oct 2,906,654 2,486,911 ‐14.44%
Nov 3,190,797 2,755,026 ‐13.66%
Dec 3,580,743
Percent of budget expended 76.94%
$‐
$0.20
$0.40
$0.60
$0.80
$1.00
$1.20
$1.40
$1.60
$1.80
Millions Economic Development
Budget
Actual
Last Year
$‐
$0.50
$1.00
$1.50
$2.00
$2.50
$3.00
$3.50
$4.00
Millions Planning
Budget
Actual
Last Year
City of Renton
Monthly Expenditure Analysis ‐ 2018 Budget Year
Finance Budget
YTD
Actual
Annual %
over (under)
Jan 247,493 215,045 ‐13.11%
Feb 509,279 446,774 ‐12.27%
Mar 754,179 674,895 ‐10.51%
Apr 1,016,343 910,304 ‐10.43%
May 1,279,235 1,172,940 ‐8.31%
Jun 1,563,717 1,409,917 ‐9.84%
Jul 1,846,305 1,720,649 ‐6.81%
Aug 2,158,068 1,957,768 ‐9.28%
Sep 2,413,800 2,206,310 ‐8.60%
Oct 2,677,284 2,473,236 ‐7.62%
Nov 2,933,771 2,717,481 ‐7.37%
Dec 3,661,134
Percent of budget expended 74.23%
City Clerk Budget
YTD
Actual
Annual %
over (under)
Jan 86,384 73,376 ‐15.06%
Feb 328,209 154,002 ‐53.08%
Mar 421,047 493,757 17.27%
Apr 516,953 572,896 10.82%
May 613,842 682,037 11.11%
Jun 713,074 765,641 7.37%
Jul 816,413 845,406 3.55%
Aug 988,415 920,872 ‐6.83%
Sep 1,009,569 1,001,402 ‐0.81%
Oct 1,105,988 1,083,246 ‐2.06%
Nov 1,209,533 1,162,960 ‐3.85%
Dec 1,359,565
Percent of budget expended 85.54%
Includes Hearing Examiner
$‐
$0.20
$0.40
$0.60
$0.80
$1.00
$1.20
$1.40
$1.60
Millions City Clerk
Budget
Actual
Last Year
$‐
$0.40
$0.80
$1.20
$1.60
$2.00
$2.40
$2.80
$3.20
$3.60
$4.00
Millions Finance
Budget
Actual
Last Year
City of Renton
Monthly Expenditure Analysis ‐ 2018 Budget Year
Human
Resources Budget
YTD
Actual
Annual %
over (under)
Jan 102,634 93,068 ‐9.32%
Feb 208,536 196,272 ‐5.88%
Mar 330,862 299,021 ‐9.62%
Apr 457,074 416,778 ‐8.82%
May 568,827 520,504 ‐8.50%
Jun 680,424 621,117 ‐8.72%
Jul 794,574 734,589 ‐7.55%
Aug 917,307 838,119 ‐8.63%
Sep 1,033,849 945,210 ‐8.57%
Oct 1,158,702 1,057,639 ‐8.72%
Nov 1,271,446 1,159,905 ‐8.77%
Dec 1,395,877
Percent of budget expended 83.10%
Police Budget
YTD
Actual
Annual %
over (under)
Jan 3,321,379 3,128,806 ‐5.80%
Feb 6,293,047 6,112,773 ‐2.86%
Mar 9,782,196 9,490,170 ‐2.99%
Apr 12,803,501 12,493,987 ‐2.42%
May 16,220,094 15,900,505 ‐1.97%
Jun 19,282,397 18,843,188 ‐2.28%
Jul 23,004,270 22,164,057 ‐3.65%
Aug 26,123,762 25,158,916 ‐3.69%
Sep 29,619,952 28,580,447 ‐3.51%
Oct 32,720,800 31,578,375 ‐3.49%
Nov 35,988,008 35,049,375 ‐2.61%
Dec 39,843,281
Percent of budget expended 87.97%
$‐
$0.20
$0.40
$0.60
$0.80
$1.00
$1.20
$1.40
$1.60
Millions Human Resources
Budget
Actual
Last Year
$‐
$3
$6
$9
$12
$15
$18
$21
$24
$27
$30
$33
$36
Millions Police
Budget
Actual
Last Year
City of Renton
Monthly Expenditure Analysis ‐ 2018 Budget Year
Community
Services Admin Budget
YTD
Actual
Annual %
over (under)
Jan 45,023 39,217 ‐12.90%
Feb 92,353 85,085 ‐7.87%
Mar 132,149 128,636 ‐2.66%
Apr 170,514 173,564 1.79%
May 212,599 217,983 2.53%
Jun 250,135 262,197 4.82%
Jul 288,979 298,799 3.40%
Aug 327,923 340,151 3.73%
Sep 366,027 382,570 4.52%
Oct 404,645 423,774 4.73%
Nov 442,821 464,026 4.79%
Dec 532,039
Percent of budget expended 87.22%
Parks Budget
YTD
Actual
Annual %
over (under)
Jan 358,956 317,964 ‐11.42%
Feb 729,757 663,798 ‐9.04%
Mar 1,135,530 1,030,518 ‐9.25%
Apr 1,567,038 1,447,411 ‐7.63%
May 1,986,046 1,838,214 ‐7.44%
Jun 2,439,710 2,280,676 ‐6.52%
Jul 2,938,599 2,762,883 ‐5.98%
Aug 3,465,877 3,272,566 ‐5.58%
Sep 4,016,118 3,788,672 ‐5.66%
Oct 4,481,568 4,247,549 ‐5.22%
Nov 4,907,509 4,636,256 ‐5.53%
Dec 5,423,878
Percent of budget expended 85.48%
$‐
$1.00
$2.00
$3.00
$4.00
$5.00
$6.00
Millions Parks
Budget
Actual
Last Year
$0
$100,000
$200,000
$300,000
$400,000
$500,000
$600,000
Community Services Admin
Budget
Actual
Last Year
City of Renton
Monthly Expenditure Analysis ‐ 2018 Budget Year
Parks Planning
and Natural
Resources Budget
YTD
Actual
Annual %
over (under)
Jan 68,223 57,925 ‐15.09%
Feb 166,223 124,297 ‐25.22%
Mar 252,457 197,223 ‐21.88%
Apr 342,051 290,483 ‐15.08%
May 457,569 379,727 ‐17.01%
Jun 584,447 491,882 ‐15.84%
Jul 693,286 604,217 ‐12.85%
Aug 835,905 716,763 ‐14.25%
Sep 965,136 823,279 ‐14.70%
Oct 1,074,970 904,771 ‐15.83%
Nov 1,198,627 995,748 ‐16.93%
Dec 1,373,998
Percent of budget expended 72.47%
Recreation Budget
YTD
Actual
Annual %
over (under)
Jan 434,893 394,586 ‐9.27%
Feb 916,239 897,444 ‐2.05%
Mar 1,411,493 1,326,626 ‐6.01%
Apr 1,917,345 1,767,262 ‐7.83%
May 2,394,212 2,202,345 ‐8.01%
Jun 2,922,631 2,670,323 ‐8.63%
Jul 3,680,549 3,345,277 ‐9.11%
Aug 4,471,766 4,134,897 ‐7.53%
Sep 5,154,046 4,700,055 ‐8.81%
Oct 5,655,140 5,162,752 ‐8.71%
Nov 6,148,617 5,704,210 ‐7.23%
Dec 6,659,053
Percent of budget expended 85.66%
$‐
$200,000
$400,000
$600,000
$800,000
$1,000,000
$1,200,000
$1,400,000
$1,600,000
Parks Planning and Natural Resources
Budget
Actual
Last Year
$0.00
$0.50
$1.00
$1.50
$2.00
$2.50
$3.00
$3.50
$4.00
$4.50
$5.00
$5.50
$6.00
$6.50
$7.00
Millions Recreation
Budget
Actual
Last Year
City of Renton
Monthly Expenditure Analysis ‐ 2018 Budget Year
Human Services Budget
YTD
Actual
Annual %
over (under)
Jan 93,172 55,197 ‐40.76%
Feb 199,122 184,247 ‐7.47%
Mar 272,012 243,570 ‐10.46%
Apr 377,780 339,032 ‐10.26%
May 512,483 560,102 9.29%
Jun 576,212 616,401 6.97%
Jul 708,349 829,262 17.07%
Aug 834,628 900,340 7.87%
Sep 899,102 968,760 7.75%
Oct 1,078,458 1,145,171 6.19%
Nov 1,198,467 1,237,010 3.22%
Dec 1,488,726
Percent of budget expended 83.09%
Neighborhoods,
Resources, and
Events Budget
YTD
Actual
Annual %
over (under)
Jan ‐ ‐ N/A
Feb ‐ ‐ N/A
Mar ‐ ‐ N/A
Apr ‐ ‐ N/A
May ‐ ‐ N/A
Jun ‐ ‐ N/A
Jul ‐ ‐ N/A
Aug ‐ ‐ N/A
Sep ‐ ‐ N/A
Oct ‐ ‐ N/A
Nov ‐ ‐ N/A
Dec ‐
Percent of budget expended N/A
$‐
$0.20
$0.40
$0.60
$0.80
$1.00
$1.20
$1.40
$1.60
$1.80
Millions Human Services
Budget
Actual
Last Year
$‐
$200,000
$400,000
$600,000
$800,000
$1,000,000
$1,200,000
Neighborhoods, Resources, and Events
Budget
Actual
Last Year
City of Renton
Monthly Expenditure Analysis ‐ 2018 Budget Year
Museum Fund Budget
YTD
Actual
Annual %
over (under)
Jan 19,943 19,889 ‐0.27%
Feb 39,991 40,634 1.61%
Mar 59,393 60,984 2.68%
Apr 79,159 81,439 2.88%
May 98,532 102,003 3.52%
Jun 118,175 122,512 3.67%
Jul 138,557 143,077 3.26%
Aug 158,827 163,495 2.94%
Sep 179,495 184,064 2.55%
Oct 200,268 204,541 2.13%
Nov 220,924 225,283 1.97%
Dec 241,246
Percent of budget expended 93.38%
Public Works
Admin Budget
YTD
Actual
Annual %
over (under)
Jan 34,486 34,521 0.10%
Feb 69,669 69,361 ‐0.44%
Mar 104,789 104,253 ‐0.51%
Apr 139,642 140,203 0.40%
May 174,360 175,219 0.49%
Jun 209,285 210,071 0.38%
Jul 244,157 248,162 1.64%
Aug 279,239 278,939 ‐0.11%
Sep 314,679 315,418 0.23%
Oct 348,881 349,485 0.17%
Nov 383,025 383,470 0.12%
Dec 417,024
Percent of budget expended 91.95%
$‐
$50,000
$100,000
$150,000
$200,000
$250,000
$300,000
$350,000
$400,000
$450,000
Public Works Admin
Budget
Actual
Last Year
$‐
$30,000
$60,000
$90,000
$120,000
$150,000
$180,000
$210,000
$240,000
Museum Fund
Budget
Actual
Last Year
City of Renton
Monthly Expenditure Analysis ‐ 2018 Budget Year
Street
Maintenance Budget
YTD
Actual
Annual %
over (under)
Jan 447,488 428,817 ‐4.17%
Feb 954,625 859,296 ‐9.99%
Mar 1,449,328 1,354,087 ‐6.57%
Apr 1,985,639 1,808,825 ‐8.90%
May 2,486,690 2,245,930 ‐9.68%
Jun 2,971,378 2,712,839 ‐8.70%
Jul 3,449,731 3,166,956 ‐8.20%
Aug 3,931,101 3,605,733 ‐8.28%
Sep 4,431,705 4,031,310 ‐9.03%
Oct 4,919,562 4,554,324 ‐7.42%
Nov 5,386,040 4,990,195 ‐7.35%
Dec 5,887,710
Percent of budget expended 84.76%
Transportation Budget
YTD
Actual
Annual %
over (under)
Jan 354,710 366,141 3.22%
Feb 734,509 818,473 11.43%
Mar 1,176,909 1,370,577 16.46%
Apr 1,622,113 1,829,389 12.78%
May 2,172,695 2,259,514 4.00%
Jun 2,621,824 2,699,517 2.96%
Jul 3,085,659 3,201,311 3.75%
Aug 3,534,777 3,645,151 3.12%
Sep 3,996,913 4,134,877 3.45%
Oct 4,810,820 4,588,495 ‐4.62%
Nov 5,200,301 5,108,863 ‐1.76%
Dec 5,885,521
Percent of budget expended 86.80%
$‐
$1.00
$2.00
$3.00
$4.00
$5.00
$6.00
$7.00
Millions Street Maintenance
Budget
Actual
Last Year
$0.0
$1.0
$2.0
$3.0
$4.0
$5.0
$6.0
Millions Transportation
Budget
Actual
Last Year
City of Renton
Monthly Expenditure Analysis ‐ 2018 Budget Year
Debt Service Budget
YTD
Actual
Annual %
over (under)
Jan 37,996 37,996 0.00%
Feb 288,313 288,313 0.00%
Mar 290,010 290,010 0.00%
Apr 290,010 290,010 0.00%
May 290,010 290,010 0.00%
Jun 777,530 777,530 0.00%
Jul 1,026,776 1,026,776 0.00%
Aug 1,277,094 1,277,094 0.00%
Sep 1,278,664 1,278,664 0.00%
Oct 1,278,664 1,278,664 0.00%
Nov 1,278,664 1,278,664 0.00%
Dec 5,703,244
Percent of budget expended 22.42%
Non‐
Departmental
Other City Budget
YTD
Actual
Annual %
over (under)
Jan 309,681 309,681 0.00%
Feb 560,003 560,003 0.00%
Mar 797,846 797,846 0.00%
Apr 1,028,809 1,028,809 0.00%
May 1,306,632 1,306,632 0.00%
Jun 1,539,841 1,539,841 0.00%
Jul 1,762,393 1,762,393 0.00%
Aug 2,039,684 2,039,684 0.00%
Sep 2,266,461 2,266,461 0.00%
Oct 2,524,777 2,524,777 0.00%
Nov 2,767,618 2,767,618 0.00%
Dec 4,778,864
Percent of budget expended 57.91%
$‐
$2.00
$4.00
$6.00
$8.00
$10.00
$12.00
$14.00
$16.00
Millions Non‐Departmental Other City Services
Budget
Actual
Last Year
$‐
$1
$2
$3
$4
$5
$6
$7
Millions Debt Service
Budget
Actual
Last Year
City of Renton
Monthly Enterprise Fund Financial Report ‐ 2018 Budget Year
Utilities Budget Revenue Expense
Jan ‐ 4,980,942 3,338,103
Feb ‐ 11,208,449 9,275,111
Mar ‐ 19,199,517 15,056,895
Apr ‐ 25,237,476 20,384,128
May ‐ 31,307,224 27,050,704
Jun ‐ 38,732,187 33,020,015
Jul ‐ 45,716,350 38,064,135
Aug ‐ 52,893,255 45,412,468
Sep ‐ 60,987,628 50,530,816
Oct ‐ 67,676,217 55,615,549
Nov ‐ 73,619,925 63,153,985
Dec ‐
Percent of budget expended 100.00%
Note: Operations and Capital
Airport Budget Revenue Expense
Jan ‐ 237,743 123,513
Feb ‐ 489,156 267,530
Mar ‐ 739,253 442,543
Apr ‐ 1,014,841 611,773
May ‐ 1,249,585 762,052
Jun ‐ 1,478,450 919,610
Jul ‐ 2,138,986 1,087,367
Aug ‐ 2,393,990 1,257,502
Sep ‐ 2,682,568 1,416,597
Oct ‐ 2,940,294 1,621,814
Nov ‐ 3,074,146 1,793,845
Dec ‐
Percent of budget expended 100.00%
Note: Operations and Capital
$0
$10
$20
$30
$40
$50
$60
$70
$80
Millions Utilities
Budget
Revenue
Expense
$‐
$0.50
$1.00
$1.50
$2.00
$2.50
$3.00
$3.50
Millions Airport
Budget
Revenue
Expense
City of Renton
Monthly Enterprise Fund Financial Report ‐ 2018 Budget Year
Golf Course Budget Revenue Expense
Jan ‐ 66,977 144,831
Feb ‐ 138,056 313,308
Mar ‐ 293,466 480,261
Apr ‐ 503,971 669,183
May ‐ 745,952 876,008
Jun ‐ 1,131,733 1,066,048
Jul ‐ 1,469,591 1,268,159
Aug ‐ 1,766,326 1,459,980
Sep ‐ 2,043,544 1,651,573
Oct ‐ 2,227,701 1,919,815
Nov ‐ 2,327,291 2,108,327
Dec ‐
Percent of budget expended 100.00%
Note: Operations and Capital
$‐
$0.30
$0.60
$0.90
$1.20
$1.50
$1.80
$2.10
$2.40
$2.70
$3.00
Millions Golf Course
Budget
Revenue
Expense