HomeMy WebLinkAbout201305, May.pdfADMINISTRATIVE SERVICES
DEPARTMENT
M E M O R A N D U M
DATE: July 18, 2013
TO: Randy Corman, Council President
Members of the Renton City Council
CC: Denis Law, Mayor
Administrators
FROM: Hai Nguyen, Sr. Finance Analyst
SUBJECT: May 2013 Financial Status Report
At the end of May, general governmental revenues show $1.5 million or 3.3% over budget.
Revenues sources that are higher than expected are: property tax ($300k); sales tax ($558k);
sales tax annexation credit ($125k); building permits & development service fees ($574k); state
shared revenues ($319k); interfund services ($84k) and other miscellaneous ($83k). On the
down side, the revenue sources that are underperforming the year to date budget are: utility
taxes ($478k below); gambling taxes ($63k below); and culture/recreation ($87k below).
General government expenditures showed a favorable variance of $758k or 1.9%. See page 10
of report for further expenditure over‐spent 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 x6952 should you have any
questions or any suggestions about the report.
This page is intentionally left blank
General Governmental Funds
$%
Beginning Fund Balance 11,407,119$ 11,407,119$ 11,057,551$ 11,057,551$ 15,575,839$ 15,575,839$ 15,575,839$ ‐ 0.0%
OPERATING REVENUES
Property Tax 32,357,894 17,054,953 33,466,364 17,258,526 31,741,366 16,465,154 16,765,551 300,398 1.8%
Sales Tax 17,729,731 7,466,812 18,564,670 7,524,996 18,604,000 7,803,531 8,361,849 558,317 7.2%
Sales Tax ‐ Annexation Credit 2,033,954 838,383 2,208,492 900,851 2,119,680 864,624 989,496 124,871 14.4%
Criminal Justice Sales Tax 1,809,757 741,839 1,924,470 767,525 1,932,500 770,728 840,766 70,038 9.1%
Natural Gas Use Tax 249,407 139,628 272,530 190,803 300,000 167,953 131,501 (36,451) ‐21.7%
Admission Tax 308,200 134,870 311,054 154,705 308,000 153,186 152,751 (435) ‐0.3%
Franchise Fees 1,234,448 600,206 1,262,188 599,927 1,260,000 598,887 627,348 28,461 4.8%
Electricity Tax 5,166,711 2,332,555 5,211,111 2,367,351 5,468,000 2,484,052 2,331,661 (152,392) ‐6.1%
Natural Gas Utility Tax 1,848,806 1,135,665 1,669,967 1,031,633 1,656,000 1,023,005 931,874 (91,131) ‐8.9%
Transfer Station 297,474 95,470 330,607 120,394 300,000 109,248 163,924 54,676 50.0%
TV Cable 1,385,275 550,425 1,423,664 556,315 1,477,648 577,409 585,437 8,028 1.4%
Telephone 966,827 419,904 1,056,420 422,975 1,000,000 400,385 375,314 (25,071) ‐6.3%
Cellular Phone 2,054,183 891,810 2,183,853 1,014,806 2,200,000 1,022,310 741,619 (280,690) ‐27.5%
City Utilities 3,516,179 1,388,928 3,806,281 1,494,304 3,849,014 1,511,080 1,556,075 44,995 3.0%
Leasehold Excise Tax 162,593 36,189 158,849 36,481 145,000 33,301 40,988 7,687 23.1%
Gambling Excise Tax 1,671,414 710,768 1,691,209 675,662 1,600,000 639,223 575,843 (63,379) ‐9.9%
Real Estate Excise Tax 2,074,059 671,794 2,811,902 943,666 2,600,000 1,064,348 1,108,012 43,664 4.1%
Less: Municipal Facilities CIP REET (400,000) (119,963) (943,792) (186,403) (500,000) (213,085) (213,085) ‐ 0.0%
EMS Levy 868,873 152,215 885,781 221,445 900,000 229,090 229,090 ‐ 0.0%
Business License Fees 442,451 215,144 444,680 209,503 533,067 251,145 284,482 33,337 13.3%
Animal Licenses and Spec Events Permits 232,534 84,271 242,668 96,280 90,000 44,357 44,670 313 0.7%
Building Permits & Development Svc Fees 2,772,779 969,626 3,401,537 1,165,827 3,123,413 1,044,264 1,618,718 574,454 55.0%
Intergovt'l (Grants, State Shared, etc) 4,737,323 1,631,292 4,593,185 1,372,909 3,469,005 1,334,414 1,583,507 249,093 18.7%
Fire District 25 and 40 Contracts 6,110,668 2,885,277 6,155,621 3,001,928 5,574,526 2,649,073 2,649,073 ‐ 0.0%
Public Safety 484,985 178,115 485,899 196,835 670,759 443,717 443,717 ‐ 0.0%
Culture and Recreation 1,493,540 531,798 1,494,165 502,444 1,618,486 544,250 457,448 (86,802) ‐15.9%
Interfund/Interdept‐Services 3,070,506 1,192,966 3,311,715 1,288,224 3,313,830 1,380,763 1,464,495 83,733 6.1%
Fi nes and Forfeits 1,163,602 435,320 1,046,246 366,674 1,108,500 392,709 411,427 18,718 4.8%
Photo Enforcement 1,897,782 862,498 1,976,203 869,725 1,950,000 858,194 861,044 2,851 0.3%
Seizure Funds ‐ Federal/State/Local 83,220 ‐ 37,941 17,904 180,693 85,266 29,106 (56,160) ‐65.9%
Interests and Other Earnings 107,183 36,181 342,424 39,929 745,300 86,907 41,099 (45,807) ‐52.7%
Rents, Leases, and Concessions 744,834 327,189 822,428 392,552 650,929 310,694 372,078 61,384 19.8%
Contributions and Donations 196,586 51,317 124,082 63,791 93,100 47,863 30,611 (17,252) ‐36.0%
Other Miscellaneous 529,147 163,496 564,571 226,937 516,369 209,721 293,015 83,294 39.7%
Other Financing Sources (Transfer‐In, etc) 1,073,507 167,716 5,118,188 143,912 250,000 7,030 13,343 6,313 89.8%
Total Operating Revenues 100,476,431 44,974,654 108,457,170 46,051,336 100,849,185 45,394,794 46,893,848 1,499,054 3.3%
OPERATING EXPENDITURES
Council 271,236 112,072 278,768 115,568 290,291 120,148 121,071 (923) ‐0.8%
Executive 1,566,906 605,772 1,377,109 545,056 1,322,364 516,918 528,321 (11,403) ‐2.2%
Hearing Examiner 59,878 28,865 60,368 27,252 40,000 18,668 8,371 10,297 55.2%
City Attorney 1,596,609 657,439 1,706,320 700,106 1,915,103 787,132 724,478 62,653 8.0%
Court Services 2,084,170 831,527 2,074,980 860,008 2,026,149 824,039 795,263 28,776 3.5%
Community and Eco Dvlpmnt Admin 929,814 387,665 942,071 399,357 1,020,208 428,940 428,857 83 0.0%
Development Services 2,810,736 1,220,807 3,103,568 1,208,953 3,308,299 1,359,141 1,319,207 39,933 2.9%
Economic Development 659,981 283,391 529,043 229,561 570,280 246,022 175,487 70,535 28.7%
Planning 1,447,781 581,947 1,482,233 616,222 1,541,592 630,402 603,248 27,154 4.3%
Finance 2,134,667 770,959 2,221,882 813,293 2,242,682 815,548 775,564 39,984 4.9%
City Clerk 736,880 369,865 937,067 283,861 1,061,505 414,549 573,204 (158,654) ‐38.3%
Human Resources 888,252 342,697 937,412 372,608 977,094 382,831 357,200 25,631 6.7%
Police 24,737,346 10,349,968 25,004,580 10,528,062 25,376,701 10,651,287 10,373,682 277,605 2.6%
Jail Services 6,206,735 762,691 3,489,616 1,165,684 3,750,000 1,271,352 1,271,352 ‐ 0.0%
Fire 22,511,597 9,538,569 24,173,315 10,741,041 24,188,120 10,507,156 10,518,427 (11,272) ‐0.1%
Community Services Admin 416,284 170,164 434,558 180,559 450,911 185,868 187,590 (1,721) ‐0.9%
Parks 3,829,676 1,422,731 4,004,054 1,489,760 4,153,621 1,544,269 1,515,905 28,364 1.8%
Parks Planning & Natural Resources 551,423 204,169 577,934 223,491 755,638 286,142 258,947 27,195 9.5%
Recreation 4,974,002 1,763,066 4,982,229 1,750,284 5,130,300 1,810,378 1,698,203 112,175 6.2%
Human Services 1,247,294 499,658 1,193,871 478,640 1,196,052 479,318 431,038 48,280 10.1%
Neighborhoods, Resources, & Events 675,534 213,265 701,673 235,954 914,955 298,441 288,076 10,365 3.5%
Library 2,030,000 12,619 278,604 61,106 ‐ ‐ ‐ ‐ 0.0%
Museum 210,620 86,914 216,887 90,015 211,080 87,358 87,136 222 0.3%
Public Works Admin 452,538 187,166 470,051 197,642 483,035 201,472 202,081 (608) ‐0.3%
Street Maintenance 3,534,025 1,455,914 3,755,640 1,525,151 4,294,894 1,756,371 1,600,743 155,628 8.9%
Transportation 4,509,066 1,787,292 4,615,160 1,806,575 4,562,797 1,797,203 1,819,302 (22,100) ‐1.2%
Debt Service 4,822,566 390,380 9,752,337 856,385 8,001,433 835,676 835,676 ‐ 0.0%
Non‐Departmental and Other 4,930,383 3,149,818 4,637,555 1,375,197 4,141,350 2,385,254 2,385,254 ‐ 0.0%
Total Operating Expenditures 100,825,999 38,187,393 103,938,882 38,877,391 103,926,454 40,641,884 39,883,684 758,200 1.9%
Total Ending Fund Balance 11,057,551$ 18,194,380$ 15,575,840$ 18,231,496$ 12,498,570$ 20,328,749$ 22,586,003$ 2,257,254$ 11.1%
Summary of Sources and Uses Annual Actual YTD Actual Favorable (Unfavorable)
2011 2012 2013 Variance
Annual Actual YTD Actual Annual Budget YTD Budget YTD Actual
Monthly Financial Report May 2013
Page 1 of 38
Monthly Financial Report May 2013
OVERVIEW
This financial overview reflects the City’s overall financial position for the fiscal year through May 31, 2013. 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 year. 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
May’s collection is $5.8 million, making
the total year‐to‐date collection $16.8
million or 52.8% of the total budget. In
comparison to the previous year, the City
collected $493k or 3% less. Compared to
the budget, the City is above projections
by $300k or 2%. 2013’s monthly budgets
are based on 2010 through 2012
collections. The variance from the
monthly budget is due the timing of
collections. The City is projecting
property taxes to meet the budget by
year‐end.
Sales Tax
May 2013 sales tax receipts totalled $1.7
million. Compared with the same month
last year, it is $133k or 8% more.
Compared to the projected current
month’s budget, it is $106k or 7% above.
The year‐to‐date collection of $8.4 million
is $837k or 11% more than the prior year
and is also $558k or 7% more than
budgeted. The increase is primarily
attributed to the $250 million plant
expansion project at Boeing, which
account for 5.6% of the 7% favorable
budget variance. Also, part of the
variance is a 1‐time audit correction in the
manufacturing sector for 2012 that
reduced activity in 2012 by $132k. If we remove both of these items, we are $246k or 3% over 2012 and right on target
with the budget.
2012 2013 2013
Actual Budget Actual $ % $ %
Jan 149,112$ 218,452$ 154,945$ 5,834$ 4% (63,506)$ ‐29%
Feb 85,577 238,602 25,020 (60,557) ‐71% (213,582) ‐90%
Mar 880,380 747,935 917,901 37,521 4% 169,966 23%
Apr 10,012,008 8,452,665 9,887,324 (124,683) ‐1% 1,434,659 17%
May 6,131,450 6,807,499 5,780,361 (351,089) ‐6% (1,027,138) ‐15%
Jun 43,203 69,561
Jul 446,717 218,293
Aug (51,143) 13,620
Sep 545,753 415,826
Oct 9,734,384 7,408,344
Nov 5,123,725 6,825,452
Dec 365,200 325,116
YTD Total 17,258,526$ 16,465,154$ 16,765,551$ (492,975)$ ‐3% 300,398$ 2%
Annual Total 33,466,364$ 31,741,366$
Property Tax Revenues
Year to Date through May
2013 vs. 2012 2013 vs. Budget
Month
2012 2013 2013
Actual Budget Actual $ % $ %
Jan 1,327,548$ 1,426,729$ 1,620,555$ 293,007$ 22% 193,826$ 14%
Feb 1,923,714 1,924,871 1,962,886 39,173 2% 38,015 2%
Mar 1,303,820 1,392,437 1,536,397 232,577 18% 143,960 10%
Apr 1,370,731 1,433,794 1,509,953 139,222 10% 76,159 5%
May 1,599,184 1,625,701 1,732,058 132,874 8% 106,357 7%
Jun 1,482,794 1,471,334 ‐
Jul 1,505,142 1,462,124 ‐
Aug 1,583,903 1,588,018 ‐
Sep 1,472,566 1,508,206 ‐
Oct 1,660,941 1,588,803 ‐
Nov 1,709,049 1,622,090 ‐
Dec 1,625,280 1,559,893 ‐
YTD Total 7,524,996$ 7,803,531$ 8,361,849$ 836,852$ 11% 558,317$ 7%
Annual Total 18,564,670$ 18,604,000$
2013 vs. Budget2013 vs. 2012
Month
Year to Date through May
Local Retail Sales Tax Revenues
Page 2 of 38
Monthly Financial Report May 2013
The following table breaks out the City’s base sales tax (excluding Criminal Justice and Annexation Credit) by major business
sectors:
Sales Tax by Sector 2012 2013 Bgt YTD Act Change 2013/2012 2013 Act vs Bgt
New Construction 657,549$ 735,705$ 1,164,414$ 506,864$ 77%$ 428,708 58%
Auto Sales 1,363,324 1,367,713 1,480,509 117,185 9% 112,796 8%
General Retail 2,723,220 2,764,069 2,763,209 39,989 1% (860) 0%
Manufacturing 446,595 490,479 519,960 73,365 16% 29,480 6%
Wholesale 492,645 493,677 484,264 (8,380) ‐2% (9,412)‐2%
Service 1,696,188 1,786,475 1,727,905 31,717 2% (58,570)‐3%
Other 145,475 165,413 221,588 76,113 52% 56,175 34%
Total 7,524,996$ 7,803,531$ 8,361,849$ 836,852$ 11%558,317$ 7%
Note: Excludes Annexation Credit and Criminal Justice Sales Tax revenue.
Utility tax
May utility tax revenues are $1.3 million,
which is $55k or 4% lower than the same
month last year and is also behind the
budget by $84k or 6%. The year‐to‐date
collection is $6.8 million, which is $381k
or 5% lower than the prior year and is
also $478k or 7% lower than the budget.
The City is projecting utility tax revenues
to be under budget at year‐end.
The table below breaks out Utility Tax by source. The Electrical/Natural Gas variance is due to warmer weather
year‐to‐date than the prior year and we are projecting a combined unfavorable variance of $364k or 5%. Cell and Phone
variances are due the timing of receipts compared to 2012 (which should mostly catch up at the end of the year, but we are
projecting a combined unfavorable budget variance of $281k or 9%).
Utility Tax by Type 2012 2013 Bgt YTD Act Change 2013/2012 2013 Act vs Bgt
Electrical 2,367,351$ 2,484,052$ 2,331,661$ (35,690)$ ‐2% $ (152,392)‐6%
Natural Gas 1,222,436 1,190,958 1,063,375 (159,061) ‐13% (127,583)‐11%
Cell 1,014,806 1,022,310 741,619 (273,187) ‐27% (280,690)‐27%
Phone 422,975 400,385 375,314 (47,661) ‐11% (25,071)‐6%
Cable 556,315 577,409 585,437 29,122 5% 8,028 1%
Transfer Station 120, 394 109,248 163,924 43,530 36% 54,676 50%
City Utilities 1,494,304 1,511,080 1,556,075 61,771 4% 44,995 3%
YTD Total 7,198,580$ 7,295,443$ 6,817,405$ (381,175)$ ‐5%(478,038)$ ‐7%
Annual Total 15,954,432$ 16,250,662$
YTD as % of 45% 45%
2012 2013 2013
Actual Budget Actual $ % $ %
Jan 1,469,178$ 1,494,708$ 1,277,860$ (191,318)$ ‐13% (216,848)$ ‐15%
Feb 1,512,539 1,497,446 1,462,236 (50,302) ‐3% (35,210) ‐2%
Mar 1,438,515 1,467,773 1,193,129 (245,387) ‐17% (274,644) ‐19%
Apr 1,384,240 1,412,358 1,545,257 161,017 12% 132,899 9%
May 1,394,109 1,423,158 1,338,923 (55,185) ‐4% (84,235) ‐6%
Jun 1,108,588 1,140,870
Jul 1,340,939 1,370,103
Aug 1,153,724 1,180,346
Sep 1,301,158 1,332,309
Oct 1,126,772 1,153,538
Nov 1,196,932 1,213,641
Dec 1,527,740 1,564,412
YTD Total 7,198,580$ 7,295,443$ 6,817,405$ (381,175)$ ‐5% (478,038)$ ‐7%
Annual Total 15,954,432$ 16,250,662$
2013 vs. Budget2013 vs. 2012
Year to Date through May
Utility Tax Revenues
Month
Page 3 of 38
Monthly Financial Report May 2013
Other Taxes
Real Estate Excise Tax
The City collected $286k in Real Estate
Excise Tax revenues (REET) for May. This is
$33k or 13% ahead of the same month last
year and is also $2k or 1% higher than the
current month’s budget. The year‐to‐date
collection is $1.1 million, which is $164k or
17% more than the prior year and is also
$44k or 4% above the budget. The City is
projecting REET to meet the budget at
year‐end.
Gambling Tax
May’s Gambling Tax collections
totalled $98k, which is $3k or 3%
below the same month last year but
is $2k or 2% above the current
month’s budget. The year‐to‐date
total of $576k is $100k or 15% below
the year before and is also $63k or
10% below budget. The decline in
revenue is mainly due to payment
plans with two (2) establishments
that will be paid in full by year‐end.
The City is also seeing a decline in
overall activity.
Pull tabs overall had a 13% decrease,
bingo decreased by 18%, and card‐
rooms are seeing 36% lower in activities when compared to the prior year.
Franchise Fees
Franchise Fees are due quarterly and
the year‐to‐date revenue collections
are $627k or 50% of the budget. This
is $27k or 5% higher than the prior
year and is also $28k or 5% above the
projected year‐to‐date budget. The
City is projecting franchise fees to be
very close to the budget at year‐end.
2012 2013 2013
Actual Budget Actual $ % $ %
Jan 77,631$ 95,818$ 134,099$ 56,468$ 73% 38,281$ 40%
Feb 214,137 243,603 262,229 48,092 22% 18,627 8%
Mar 203,583 227,510 228,077 24,494 12% 568 0%
Apr 194,868 213,798 197,659 2,791 1% (16,140) ‐8%
May 253,446 283,619 285,948 32,501 13% 2,329 1%
Jun 347,179 339,163
Jul 177,839 173,733
Aug 222,933 217,785
Sep 173,212 169,212
Oct 326,027 283,649
Nov 370,123 224,130
Dec 250,922 127,980
YTD Total 943,666$ 1,064,348$ 1,108,012$ 164,346$ 17%43,664$ 4%
Annual Total 2,811,902$ 2,600,000$
Real Estate Excise Tax Revenues
Year to Date through May
Month
2013 vs. Budget2013 vs. 2012
2012 2013 2013
Actual Budget Actual $ % $ %
Jan 175,959$ 166,470$ 133,504$ (42,455)$ ‐24% (32,965)$ ‐20%
Feb 143,837 136,080 73,730 (70,107) ‐49% (62,350) ‐46%
Mar 98,279 92,979 111,294 13,014 13% 18,315 20%
Apr 156,498 148,058 159,655 3,158 2% 11,598 8%
May 101,088 95,636 97,660 (3,428) ‐3% 2,024 2%
Jun 127,372 120,502 ‐
Jul 161,244 152,548 ‐
Aug 146,526 138,623 ‐
Sep 162,540 153,774 ‐
Oct 87,494 82,776 ‐
Nov 177,352 167,787 ‐
Dec 153,019 144,767 ‐
YTD Total 675,662$ 639,223$ 575,843$ (99,819)$ ‐15% (63,379)$ ‐10%
Annual Total 1,691,209$ 1,600,000$
Year to Date through May
2013 vs. 2012 2013 vs. Budget
Gambling Tax Revenue
Month
2012 2013 2013
Actual Budget Actual $ % $ %
Jan 300,392$ 299,872$ 314,269$ 13,877$ 5% 14,397$ 5%
Feb ‐ ‐ 200 200 100% 200 100%
Mar ‐ ‐ 892 892 100% 892 100%
Apr 299,534 299,015 311,986 12,452 4% 12,971 4%
Jul 305,065 304,536 ‐
Oct 309,001 308,466 ‐
Dec 48,195 48,111 ‐
YTD Total 599,927$ 598,887$ 627,348$ 27,421$ 5% 28,461$ 5%
Annual Total 1,262,188$ 1,260,000$
Month
2013 vs. 2012 2013 vs. Budget
Franchise Fees Revenue
Year to Date through May
Page 4 of 38
Monthly Financial Report May 2013
Admission Tax
Admission Tax returns are due
quarterly in January, April, July, and
October of each year. April 2013
collections represent activities
conducted during the 1st quarter of
2013. The year‐to‐date collection of
$153k is $1k or 1% less than the prior
year but is right on target with the
budget. The City is projecting
admission tax revenues to be very close to the budget at year‐end.
Licenses and Permits
Building Permits and Development Service
Fees
Building Permits and Development Service
Fee revenues totalled $389k in May. The
year‐to‐date development fees revenue of
$1.6 million is $495k or 44% more than the
year before and is also $574k or 55% higher
than budget. The higher than expected
fees are due to collecting more in general
building permits, electrical permits, and
plan check fees. The City is projecting
building permits and development service
fees to meet the budget at year‐end.
Business Licenses
Business Licenses totalled $33k for May, which is
$31k or 1161% above the same month last year
and is also $30k or 952% above the current
month’s budget. The year‐to‐date Business
Licenses revenue of $284k is $75k or 36% above
the prior year and is also $33k or 13% higher
than the budget. The variance for current
month is due to a correction done in May of
2012, which would skew the May 2013 budget.
If we remove the correction, May’s collection is
only $20k or 142% more than the prior year and
$14k or 75% above budget. The City is
projecting business licenses to be very close with
the budget at year‐end.
2012 2013 2013
Actual Budget Actual $ % $ %
Jan 73,420$ 72,699$ 82,440$ 9,020$ 12% 9,741$ 13%
Feb 934 925 ‐
Apr 80,352 79,563 70,311 (10,041) ‐12% (9,252) ‐12%
Jul 81,104 80,307 ‐
Oct 74,001 73,275 ‐
Dec 1,244 1,232 ‐
YTD Total 154,705$ 153,186$ 152,751$ (1,020)$ ‐1% 489$ 0%
Annual Total 311,054$ 308,000$
Month
2013 vs. 2012 2013 vs. Budget
Admission Tax Revenue
Year to Date through May
2012 2013 2013
Actual Budget Actual $ % $ %
Jan 154,777$ 149,263$ 327,644$ 172,867$ 112% 178,381$ 120%
Feb 185,509 181,341 230,104 44,595 24% 48,763 27%
Mar 253,914 236,021 305,160 51,246 20% 69,139 29%
Apr 252,351 241,884 367,285 114,934 46% 125,401 52%
May 277,438 235,755 388,525 111,087 40% 152,770 65%
Jun 284,208 244,103
Jul 294,286 277,438
Aug 360,657 345,432
Sep 189,832 169,797
Oct 400,995 382,373
Nov 271,519 260,912
Dec 406,375 399,094
YTD Total 1,123,989$ 1,044,264$ 1,618,718$ 494,729$ 44%574,454$ 55%
Annual Total 3,331,862$ 3,123,413$
Building Permits and Development Service Fees
Year to Date through May
2013 vs. Budget2013 vs. 2012
Month
2012 2013 2013
Actual Budget Actual $ % $ %
Jan 88,676$ 106,302$ 95,381$ 6,705$ 8% (10,921)$ ‐10%
Feb 24,251 29,071 40,658 16,407 68% 11,587 40%
Mar 4,927 5,906 12,441 7,515 153% 6,535 111%
Apr 89,003 106,694 102,648 13,644 15% (4,047) ‐4%
May 2,645 3,171 33,354 30,709 1161% 30,183 952%
Jun 3,377 4,048 ‐
Jul 98,553 118,142 ‐
Aug 14,550 17,442 ‐
Sep 3,197 3,833 ‐
Oct 99,644 119,450 ‐
Nov 12,484 14,965 ‐
Dec 3,372 4,042 ‐
YTD Total 209,503$ 251,145$ 284,482$ 74,980$ 36% 33,337$ 13%
Annual Total 444,680$ 533,067$
2013 vs. 2012
Year to Date through May
2013 vs. Budget
Business Licenses
Month
Page 5 of 38
Monthly Financial Report May 2013
Intergovernmental
These revenue sources include
federal (direct and indirect)
grants, state grants, state
shared revenues, local grants,
and entitlements. State shared
revenues and Fire Districts’ 25
and 40 contracts compose 87%
of the total revenues in this
category. The year‐to‐date
total Intergovernmental revenue is $5.1 million or 46% of the budget.
State Shared Revenues
State Shared Revenue collections
totalled $1.7 million since the start
of the year. Compared to the
prior year, State Shared Revenues
are below by $47k or 3%.
Compared to the projected
budget, the City is collecting
$319k or 22% more. The higher
than expected (but lower than
prior year) collection is due to
collecting more than anticipated
Criminal Justice Sales Tax, the low
budget of Criminal Justice’s High Crime and the higher than expected collections for Liquor Profits. The reason for the
decline in Liquor Excise Tax is also due to the passage of Initiative 1183. Starting October 2012, the State will divert all
Liquor Excise Taxes that would normally be distributed to local governments to their State General Fund for one year. The
City will not receive these excise taxes in January 2013, April 2013 and July 2013. On the October 2013 distribution and on,
local governments will start receiving their portions of the excise taxes less a $10 million (per year) transfer from the State
Liquor Excise Tax Fund to the State General Fund.
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 62% of the total revenue in this category. The year‐to‐date total charges for services are $3.1 million or 45% of
the budget. This is 10% above budget projections. The following sections provide detail information for Public Safety,
Recreation, and Interfund Services.
Intergovernmental 2012 2013 Bgt YTD Act Change 2013/2012 2013 Act vs Bgt
Fire District #25 672,812$ 565,310$ 565,310$ (107,501)$ ‐16% $ ‐ 0%
Fire District #40 2,329,117 2,083,763 2,083,763 (245,354) ‐11%‐ 0%
State Shared Revenue 1,790,252 1,424,214 1,743,346 (46,906) ‐3% 319,132 22%
Federal Grants 97,846 509,586 509,586 411,740 421% (0) 0%
State Grants 51,968 41,516 41,516 (10,452) ‐20% (0) 0%
Other Grants/Intgovt 66,429 15,034 15,034 (51,395) ‐77% (0) 0%
ARRA Grants 133,939 114,792 114,792 (19,147) ‐14% (0) 0%
Total Rev YTD 5,142,362$ 4,754,215$ 5,073,346$ (69,015)$ ‐1%319,132$ 7%
Total Rev Annual 12,673,276$ 10,976,031$
YTD % 41% 43% 46%
Note: Includes CJ Sales Tax
2012 2013 2013
Actual Budget Actual $ % $ %
Crim Just Sales Tax 767,525$ 770,728$ 840,766$ 73,241$ 10% 70,038$ 9%
Judicial Contribution 11,316 11,250 11,398 82 1% 148 1%
Crim Just ‐ High Crime 93,724 ‐ 102,994 9,270 10% 102,994 100%
Crim Just ‐ Pop 10,194 ‐ 10,797 603 6% 10,797 100%
Crim Just ‐ Spec Prog 38,473 43,906 40,452 1,979 5% (3,454) ‐8%
State DUI 8,895 9,204 8,515 (381) ‐4% (689) ‐7%
Liquor Profits 123,076 84,809 211,723 88,646 72% 126,913 150%
Liquor Excise Tax 229,464 ‐ ‐ (229,464) 0%‐ N/A
Fuel Tax 507,584 504,317 516,701 9,117 2% 12,384 2%
YTD Total 1,790,252$ 1,424,214$ 1,743,346$ (46,906)$ ‐3% 319,132$ 22%
Annual Total 4,825,202$ 4,208,000$
Year to Date through May
State Shared Revenues
2013 vs. 2012
Revenue
2013 vs. Budget
Page 6 of 38
Monthly Financial Report May 2013
Public Safety Services
Public Safety Services totalled $444k since the
start of the year. These services include
private security, adult probation services,
monitoring of prisoners, and
intergovernmental public safety services (non‐
grants). Compared to the prior year, the City is
collecting $247k or 125% more. The City is
right on target with the year‐to‐date budget.
The City is projecting public safety services
revenues to meet the budget at year‐end. The
reason for the large favourable variance with
the prior year is due to a different way of
accounting for intergovernmental services.
Prior to 2013, the City accounted for these
services as general intergovernmental. Due to the 2013 Budgeting, Accounting, and Reporting System (BARS) Restructuring
Project, the State does not recognize intergovernmental charges for services as separate from charges for services. Of the
$444k receipted for Public Safety Services, $248k is for intergovernmental.
Recreation
Recreation revenues totalled $96k for the
current month. Compared to the same
month the prior year, the City collected $43k
or 31% less. Compared to the projected
monthly budget, the City collected $55k or
36% less. The primary reason that
recreation fees are lower is due to the new
cost recovery policy approved by council this
year which reduces or eliminates those
programs that do not meet recovery
objectives. This revenue reduction
translates into a savings of $112k in the
Recreation Division of the Community
Services Department.
Interfund Services
The year‐to‐date collections for Interfund
Services revenues are $1.5 million.
Compared to the prior year, the revenues
are over by $176k or 14%. Compared to the
projected budget, the revenues are above by
$84k or 6%. 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.
2012 2013 2013
Actual Budget Actual $ % $ %
Jan 15,229$ 32,322$ 32,322$ 17,093$ 112%‐$ 0%
Feb 34,848 262,321 262,321 227,473 653%‐ 0%
Mar 35,353 37,079 37,079 1,726 5%‐ 0%
Apr 68,426 64,009 64,009 (4,418) ‐6%‐ 0%
May 42,979 47,985 47,985 5,007 12%‐ 0%
Jun 31,486 24,730 ‐
Jul 54,883 43,107 ‐
Aug 34,742 27,288 ‐
Sep 36,019 28,291 ‐
Oct 37,300 29,297 ‐
Nov 33,025 25,939 ‐
Dec 61,608 48,390 ‐
YTD Total 196,835$ 443,717$ 443,717$ 246,881$ 125%‐$ 0%
Annual Total 485,899$ 670,759$
Month
2013 vs. 2012
Year to Date through May
Public Safety Services
2013 vs. Budget
2012 2013 2013
Actual Budget Actual $ % $ %
Jan 62,072$ 67,237$ 60,546$ (1,526)$ ‐2% (6,690)$ ‐10%
Feb 59,327 64,264 51,160 (8,167) ‐14% (13,104) ‐20%
Mar 104,775 113,492 79,491 (25,283) ‐24% (34,001) ‐30%
Apr 137,257 148,678 170,541 33,284 24% 21,863 15%
May 139,013 150,580 95,710 (43,303) ‐31% (54,870) ‐36%
Jun 149,137 161,546 ‐
Jul 260,363 282,026 ‐
Aug 262,038 283,841 ‐
Sep 107,879 116,855 ‐
Oct 85,973 93,126 ‐
Nov 65,863 71,343 ‐
Dec 60,467 65,498 ‐
YTD Total 502,444$ 544,250$ 457,448$ (44,996)$ ‐9% (86,802)$ ‐16%
Annual Total 1,494,165$ 1,618,486$
Recreation
Year to Date through May
2013 vs. Budget2013 vs. 2012
Month
2012 2013 2013
Actual Budget Actual $ % $ %
Jan 237,384$ 276,153$ 265,873$ 28,489$ 12% (10,279)$ ‐4%
Feb 234,758 276,153 292,362 57,604 25% 16,209 6%
Mar 271,071 276,153 317,998 46,927 17% 41,846 15%
Apr 253,070 276,153 288,610 35,541 14% 12,458 5%
May 291,941 276,153 299,652 7,711 3% 23,499 9%
Jun 275,112 276,153 ‐
Jul 217,828 276,153 ‐
Aug 345,690 276,153 ‐
Sep 273,570 276,153 ‐
Oct 338,304 276,153 ‐
Nov 276,902 276,153 ‐
Dec 296,085 276,153 ‐
YTD Total 1,288,224$ 1,380,763$ 1,464,495$ 176,271$ 14% 83,733$ 6%
Annual Total 3,311,715$ 3,313,830$
2013 vs. Budget
Month
Interfund Services
Year to Date through May
2013 vs. 2012
Page 7 of 38
Monthly Financial Report May 2013
Fines and Penalties
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. The year‐to‐date total
fines and penalties is $1.3 million. This is
$18k or 1% higher than a year ago and is
also $22k or 2% above the budget. The
City is projecting fines and penalties to
meet the budget at year‐end.
Year to Date through May
2012 2013 2013
Actual Budget Actual $ % $ %
Civil Penalties 3,429$ 5,717$ 3,079$ (350)$ ‐10% (2,638)$ ‐46%
Civil Infraction Penalties 221,129 215,100 227,031 5,902 3% 11,931 6%
Civil Parking Infraction Penalties 50,961 57,662 59,149 8,187 16% 1,487 3%
Photo Enforcement Program 869,725 858,194 861,044 (8,681) ‐1% 2,851 0%
Criminal Traffic Misdemeanor Fines 33,311 38,411 41,689 8,378 25% 3,278 9%
Criminal Non‐Traffic Fines 10,636 19,431 10,902 266 3% (8,530) ‐44%
Criminal Costs 46,785 44,118 49,808 3,023 6% 5,691 13%
Seizure Funds ‐ Federal/State/Local 1 17,904 ‐ ‐ (17,904) 0%‐ N/A
Non‐Court Fines, Forfeitures and Penalties 423 12,271 19,769 19,346 4579% 7,498 61%
YTD Total 1,254,303$ 1,250,902$ 1,272,471$ 18,168$ 1% 21,568$ 2%
Annual Total 3,060,389$ 3,058,500$
1 Seizure Funds are categorized in Miscellaneous for 2013 and on.
2013 vs. 2012
Revenue
2013 vs. Budget
Fines and Penalties by Type
Included in the Fines and Penalties revenue budget is
$2 million from the Photo Enforcement program. The
budget was based on the prior year’s revenue. The
year‐to‐date collections from this program equates to
$861k. The budget shortfall in January is due to a
change in receipting operations that resulted in a 1‐
month lag for defendant paid infractions. December’s
receipts will recognize 2 month’s worth of defendant
paid infractions.
The associated costs includes the equipment provided
by American Traffic Solutions, Inc. (ATS), dedicated 2
FTEs 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 90% pro tem budget and interpreter costs
amounts to $362k for personnel costs. The total costs
for the program equates to $842k which is represented in the table.
2012 2013 2013
Actual Budget Actual $ % $ %
Jan 183,478$ 181,746$ 153,064$ (30,413)$ ‐17% (28,682)$ ‐16%
Feb 241,050 231,901 247,166 6,116 3% 15,265 7%
Mar 244,379 246,962 275,222 30,842 13% 28,259 11%
Apr 278,972 279,587 318,235 39,264 14% 38,648 14%
May 306,424 310,705 278,783 (27,641) ‐9% (31,922) ‐10%
Jun 318,091 312,586
Jul 274,243 277,336
Aug 168,187 171,297
Sep 179,166 176,075
Oct 278,866 280,183
Nov 247,607 251,568
Dec 339,926 338,553
YTD Total 1,254,303$ 1,250,902$ 1,272,471$ 18,168$ 1% 21,568$ 2%
Annual Total 3,060,389$ 3,058,500$
Month
2013 vs. Budget2013 vs. 2012
Year to Date through May
Fines and Penalties by Month
Favorable
Budget Actual Budget Actual (Unfavorable)
1
Jan 181,020$ 150,459$ 74,626$ 60,422$ 90,037$
Feb 145,300 158,685 74,412 60,116 98,568
Mar 142,933 152,959 74,226 60,184 92,775
Apr 176,175 217,923 71,127 60,187 157,736
May 212,766 181,018 74,599 60,361 120,657
Jun 218,587 ‐ 74,570 ‐ ‐
Jul 186,121 ‐ 74,882 ‐ ‐
Aug 91,365 ‐ 74,285 ‐ ‐
Sep 71,743 ‐ 50,884 ‐ ‐
Oct 191,799 ‐ 65,641 ‐ ‐
Nov 153,910 ‐ 66,315 ‐ ‐
Dec 178,282 ‐ 66,397 ‐ ‐
YTD Total 858,194$ 861,044$ 368,990$ 301,270$ 559,774$
Annual Total 1,950,000$ 841,964$
1 Actuals of Revenues and Expenses
Expenses
Photo Enforcement Program
Year to Date through May
Month
Revenues
Page 8 of 38
Monthly Financial Report May 2013
Miscellaneous
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. Interest and other
earnings along with rents, leases, and
concessions constitute 67% of the total
revenue in this category. The year‐to‐date
total miscellaneous is $616k. Compared to
last year, the revenues are under by $22k or
3%. Compared to the projected year‐to‐date
budget, the revenues are over by $5k or 1%.
The table below breaks out miscellaneous
revenues by type:
2012 2013 2013
Actual Budget Actual $ % $ %
Interests and Other Earnings 39,929$ 86,907$ 41,099$ 1,171$ 3% (45,807)$ ‐53%
Rents, Leases, and Concessions 392,552 310,694 372,078 (20,474) ‐5% 61,384 20%
Contributions/Donations from Private Sources 63,791 47,863 30,611 (33,180) ‐52% (17,252) ‐36%
Other 141,500 79,770 142,746 1,246 1% 62,976 79%
Seizure Funds ‐ Federal/State/Local1 ‐ 85,266 29,106 29,106 100% (56,160) ‐66%
YTD Total 637,771$ 610,500$ 615,640$ (22,131)$ ‐3% 5,140$ 1%
Annual Total 1,630,922$ 1,861,022$
1 Seizure Funds are categorized in Miscellaneous for 2013 and on.
2013 vs. Budget
Miscellaneous Revenues by Type
Year to Date through May
Revenue
2013 vs. 2012
Rents, leases and concessions are higher than the prior year and budget due to higher than expected fitness area rentals at
the community center and food concession payments at Coulon Park.
Contributions and donations from private sources are unfavorable due to the timing of donations.
Other miscellaneous revenues are higher than the prior year and budget due to higher than expected utility late payment
penalties and miscellaneous reimbursements for Fire.
Seizure funds are lower than the budget due to the timing of activity.
2012 2013 2013
Actual Budget Actual $ % $ %
Jan 206,151$ 163,044$ 179,743$ (26,408)$ ‐13% 16,699$ 10%
Feb 83,823 132,653 76,397 (7,425) ‐9% (56,256) ‐42%
Mar 104,421 88,693 147,909 43,488 42% 59,216 67%
Apr 98,164 114,071 92,872 (5,291) ‐5% (21,199) ‐19%
May 145,213 112,039 118,719 (26,494) ‐18% 6,681 6%
Jun 93,832 118,012
Jul 112,316 97,424
Aug 143,389 124,005
Sep 89,588 105,170
Oct 91,608 78,260
Nov 64,705 58,620
Dec 397,713 669,031
YTD Total 637,771$ 610,500$ 615,640$ (22,131)$ ‐3% 5,140$ 1%
Annual Total 1,630,922$ 1,861,022$
Year to Date through May
Month
2013 vs. Budget2013 vs. 2012
Miscellaneous Revenues by Month
Page 9 of 38
Monthly Financial Report May 2013
EXPENSES
Overall the City has expended 38% of its budgeted general governmental expenditures at the end of May. This is $758k or
1.9% below year‐to‐date budgeted expenditures. See below for summary of unfavorable items for general governmental
departments.
Council department is over the projected year‐to‐date budget by $1k or 0.8% due to overspending on salaries/benefits,
travel, training, meals and incidentals. We will monitor these items to determine if a budget amendment is needed at year‐
end.
Executive department is over the projected year‐to‐date budget by $1k or 0.2% due to an error in coding an employee that
is supposed to be coded to the Court Services department. The correction will occur in June.
Administrative Services department is over the projected year‐to‐date budget by $119k or 9.6% due to the timing of
elections and voter registration expenses. These expenses were paid in July last year and therefore would skew the current
year budget. This variance will correct itself after July.
Fire department is over the year‐to‐date budget by $11k or 0.1%. This is mainly due to overspending in salaries and
benefits ($14k), overtime ($113k), supplies ($150k), intergovernmental ($37k), and under spending on general professional
services ($51k) and capital ($206k). We will monitor these items to determine if a budget amendment is needed at year‐
end.
Page 10 of 38
Monthly Financial Report May 2013
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 fund are the capital revenues and expenditures.
Airport Golf Course Solid Waste
Utility Water Utility Wastewater
Utility
Surface
Water
Utility
Metro
REVENUES:
Licenses and permits ‐ ‐ ‐ ‐ 22,585 17,168 ‐
Grants / intergovernmental 532,198 ‐ 104,987 ‐ ‐ 489,715 ‐
Charges for services 45,144 619,800 6,565,365 6,125,735 3,815,407 3,754,799 6,168,144
Interdepartmental services ‐ ‐ ‐ ‐ ‐ ‐ ‐
Fines and penalties 1,769 ‐ ‐ ‐ 286 ‐ ‐
Rents, leases, and misc fees 959,818 105,616 31,697 55,060 ‐ ‐ ‐
Interest and other misc 3,416 842 5,952 95,790 226,588 51,480 2,136
TOTAL REVENUES 1,542,345 726,258 6,708,001 6,276,585 4,064,866 4,313,162 6,170,280
EXPENSES:
Utility billing ‐ ‐ 47,390 49,268 34,559 56,357 ‐
Utility systems ‐ ‐ 5,579,544 1,297,578 1,163,736 986,303 ‐
Utility maintenance ‐ ‐ 115,388 1,861,300 524,083 838,681 5,954,187
Transportation 594,489 ‐ ‐ ‐ ‐ ‐ ‐
Golf ‐ 690,394 ‐ ‐ ‐ ‐ ‐
TOTAL EXPENSES 594,489 690,394 5,742,322 3,208,146 1,722,378 1,881,341 5,954,187
AMOUNT AVAILABLE FOR DEBT SERVICE 947,856 35,864 965,679 3,068,439 2,342,488 2,431,821 216,093
DEBT SERVICE:
Principal ‐ ‐ ‐ ‐ ‐ ‐ ‐
Interest ‐ ‐ ‐ 3,218 1,518 1,015 ‐
TOTAL DEBT SERVICE ‐ ‐ ‐ 3,218 1,518 1,015 ‐
CAPITAL PROJECTS 749,981 9,866 ‐ 2,547,823 745,492 897,239 ‐
TRANSFERS IN/(OUT)‐ ‐ ‐ 7,526 (3,763) (8,967) ‐
CHANGE IN FUND BALANCE 197,875 25,998 965,679 524,924 1,591,715 1,524,600 216,093
BEGINNING FUND BALANCE, Jan 1 2,342,924 539,814 1,523,881 9,846,308 3,196,734 6,014,474 1,745,887
ENDING FUND BALANCE, May 31 2,540,799 565,812 2,489,560 10,371,232 4,788,449 7,539,074 1,961,980
Page 11 of 38
Monthly Financial Report May 2013
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 Communication
s Insurance Healthcare Retiree
Healthcare
REVENUES:
Technology Fee ‐ 46,695 ‐ ‐ ‐ ‐ ‐
Grants / intergovernmental ‐ ‐ ‐ ‐ ‐ ‐ 32,467
Charges for services
Equipment rental m&o 1,148,362 1,272,388 ‐ ‐ ‐ ‐ ‐
Print and mail ‐ 46,840 ‐ 166,960 ‐ ‐ ‐
Communications ‐ 3,000 ‐ 214,770 ‐ ‐ ‐
Facilities ‐ ‐ 1,782,801 ‐ ‐ ‐ ‐
Data cards and cell phones ‐ 58,509 ‐ ‐ ‐ ‐ ‐
IT service contracts ‐ 182,818 ‐ ‐ ‐ ‐ ‐
Interest and other misc 4,895 2,314 1,209 376 18,461 9,549 7,838
Internal service fund misc:
Vehicle / equipment capital recovery 590,274 70,825 ‐ ‐ ‐ ‐ ‐
Insurance premiums ‐ ‐ ‐ ‐ 663,321 ‐ ‐
Worker's comp/unemployment ‐ ‐ ‐ ‐ 627,940 ‐ ‐
Benefit premiums ‐ ‐ ‐ ‐ ‐ 3,227,589 711,412
Other misc 134 11,853 9,034 ‐ ‐ 46,842 ‐
Interfund Loan ‐ ‐ ‐ ‐ 136,852 ‐ ‐
Capital contributions ‐ ‐ ‐ ‐ ‐ ‐ ‐
Disposal of capital assets 91,261 ‐ ‐ ‐ ‐ ‐ ‐
Insurance recoveries 25,000 ‐ ‐ ‐ 52,594 5,651 ‐
TOTAL REVENUES 1,859,926 1,695,242 1,793,045 382,106 1,499,168 3,289,631 751,717
EXPENSES:
Communications 194,169
Equipment rental 870,088
Facilities 1,474,322
Healthcare 4,703,410
Information technology 1,324,924
Print and mail 161,923
Retiree healthcare 424,024
Risk management
Risk management 1,106,064
Unemployment 33,260
Worker's compensation 606,526
TOTAL EXPENSES 870,088 1,324,924 1,474,322 356,092 1,745,850 4,703,410 424,024
AMOUNT AVAILABLE FOR CAPITAL 989,838 370,318 318,723 26,014 (246,682) (1,413,779) 327,693
CAPITAL PROJECTS 319,151 256,107 119,598 ‐ ‐ ‐ ‐
TRANSFERS IN 5,204 29,682 551 ‐ 2,000,000 ‐ ‐
TRANSFERS (OUT)‐ ‐ ‐ ‐ ‐ ‐ ‐
CHANGE IN FUND BALANCE 675,891 143,893 199,676 26,014 1,753,318 (1,413,779) 327,693
BEGINNING FUND BALANCE, Jan 1 3,722,501 1,856,972 849,472 303,477 4,986,807 7,899,070 6,482,165
ENDING FUND BALANCE, May 31 4,398,392 2,000,865 1,049,148 329,491 6,740,125 6,485,291 6,809,858
Page 12 of 38
Monthly Financial Report May 2013
FUND BALANCE
Page 14 shows the ending fund balance as of May 2013. 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 May, the City has $22.6 million reported in the combined general governmental fund balance of the current
year’s operating budget, which is approximately 22% of budgeted operating expenditures. This is an increase of $7 million
from the year’s beginning balance. May’s ending fund balance is over the anticipated General Governmental Fund Balance
of $20.3 million by $2.3 million or 11.1%. Although the ending fund balance is above projections, it is consistent with the
prior years’ trends since the City receipted the first half of 2013 property taxes in April/May and will receipt the second half
in October/November.
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 hnguyen@rentonwa.gov or JDThomas@Rentonwa.gov.
Page 13 of 38
Monthly Financial Report May 2013
City of Renton
All Funds ‐ Revenue, Expenditures and Fund Balances
Cash Basis through May 31, 2013
Funds
Balance
01/01/2013
Budgeted
Revenue
Revenue
05/31/13
Total Funds
Available
Budgeted
Expenditure
Expenditure
05/31/13
Ending
Balance
GENERAL GOVERNMENT FUNDS:15,575,839 100,849,185 46,893,848 62,469,687 103,926,454 39,883,684 22,586,003
000 General 10,575,369 71,979,735 33,959,857 44,535,226 75,128,756 31,493,970 13,041,256
001 Community Services 1,891,966 11,328,945 4,929,073 6,821,039 11,325,011 3,933,827 2,887,212
003 Street 1,585,553 8,877,257 4,061,063 5,646,616 8,857,691 3,420,045 2,226,571
004 Community Dev Block Grant (13,145) 367,512 86,254 73,109 297,069 86,427 (13,317)
005 Museum 52,369 209,903 104,989 157,358 211,080 87,136 70,222
009 Farmers Market 90,520 59,400 14,455 104,975 80,414 14,893 90,082
011 Fire Health & Wellness 55,483 25,000 14,928 70,411 25,000 11,710 58,701
031 Park Memorial 178,367 ‐ 209 178,576 ‐ ‐ 178,576
201 Ltd GO Bonds Gen Govt Debt 829,784 1,749,305 875,935 1,705,719 1,749,305 ‐ 1,705,719
215 Gen Govt Misc Debt Service 329,573 6,252,128 2,847,086 3,176,659 6,252,128 835,676 2,340,982
SPECIAL REVENUE FUNDS:
102 Arterial Street 168,514 643,000 243,521 412,035 600,000 ‐ 412,035
108 Leased City Properties 527,677 797,289 241,896 769,573 752,011 217,314 552,259
110 Hotel Motel 111,256 245,000 131,045 242,301 291,000 99,555 142,746
125 1% For Art 116,142 16,000 130 116,272 50,000 13,650 102,622
127 Cable Communication 257,372 85,674 66,693 324,065 85,674 26,980 297,085
135 Springbrook Wetlands Bank 665,828 ‐ 780 666,608 ‐ ‐ 666,608
CAPITAL PROJECT FUNDS (CIP):
303 Community Dev Mitigation 1,540,154 60,000 33,140 1,573,294 700,000 ‐ 1,573,294
304 Fire Mitigation 797,417 25,000 37,145 834,562 250,000 ‐ 834,562
305 Transportation Mitigation 292,627 40,000 122,467 415,094 100,000 ‐ 415,094
316 Municipal Facilities CIP 3,474,517 4,191,506 729,733 4,204,250 7,557,385 769,982 3,434,268
317 Transportation CIP (391,159) 29,684,866 4,473,326 4,082,167 29,272,465 9,447,139 (5,364,972)
318 So Lake WA Infrastructure Proj 52,073 44,874 21 52,094 96,947 56,871 (4,777)
326 Housing Opportunity 84,359 ‐ 109 84,468 75,000 ‐ 84,468
336 New Library Development 19,143,344 300,000 22,265 19,165,609 19,443,344 150,607 19,015,002
ENTERPRISE FUNDS:
402 Airport 331,939 1,264,418 1,007,622 1,339,561 1,432,346 594,489 745,072
403 Solid Waste Utility 1,523,881 15,700,852 6,708,001 8,231,882 16,177,073 5,742,321 2,489,561
404 Golf Course 291,978 2,453,669 725,957 1,017,935 2,476,366 713,782 304,153
422 Airport Capital 2,010,985 15,325,895 534,722 2,545,707 17,308,384 749,981 1,795,726
424 Golf Course Capital 247,836 50,000 21,132 268,968 156,482 7,308 261,660
INTERNAL SERVICE FUNDS:
501 Equipment Repair/Replacement 3,722,501 4,247,724 1,865,130 5,587,631 4,281,528 1,189,239 4,398,392
502 I nsurance 4,986,807 5,713,764 3,499,167 8,485,974 3,060,718 1,745,850 6,740,124
503 Information Services 1,856,972 4,188,823 1,724,925 3,581,897 5,326,336 1,581,031 2,000,866
504 Facilities 849,472 4,276,112 1,793,596 2,643,068 4,468,879 1,593,920 1,049,148
505 Communications 303,477 877,773 382,106 685,583 893,249 356,092 329,491
512 Insurance, Healthcare 7,899,070 9,329,364 3,289,630 11,188,700 10,904,461 4,703,410 6,485,290
522 Insurance, Leoff1 Retirees HC 6,482,165 1,735,684 751,716 7,233,881 1,737,782 424,024 6,809,857
FIDUCIARY FUNDS:
611 Firemen's Pension 4,556,003 300,000 131,451 4,687,454 240,475 85,782 4,601,672
Funds
Balance
01/01/2013
Budgeted
Revenue
Revenue
05/31/13
Total Funds
Available
Budgeted
Expenditure
Expenditure
05/31/13
Ending
Balance
ENTERPRISE FUNDS: COMBINED UTILITIES 20,803,403 57,376,403 20,832,419 41,635,822 60,603,334 16,975,087 24,660,735
405 Water Utility 5,449,029 13,402,096 5,303,845 10,752,874 11,034,019 3,240,133 7,512,741
406 Waste Water Utility 1,363,629 6,758,645 3,511,199 4,874,828 5,505,490 1,727,659 3,147,169
407 Surface Water Utility 2,269,771 7,963,326 3,582,815 5,852,586 6,180,122 1,891,324 3,961,262
416 King County Metro 1,745,887 15,126,703 6,170,280 7,916,167 15,126,703 5,954,187 1,961,980
425 Water Utility Construction 4,381,380 3,745,000 980,247 5,361,627 8,007,000 2,519,053 2,842,574
426 Waste Water Construction 1,833,105 3,300,000 553,666 2,386,771 4,870,000 745,492 1,641,279
427 Surface Water Construction 3,744,703 7,080,633 730,348 4,475,051 9,880,000 897,239 3,577,812
471 Waterworks Rate Stabilization 15,899 ‐ 19 15,918 ‐ ‐ 15,918
Note: Waterworks Utility Funds are managed as a system and are designated by the dotted lines.
Page 14 of 38
City of Renton
General Government Financial Position
2013 Budget Year
General Government Summary
Revenues Expenditures
$ Difference
over (under)
w/beginning
balance
15,575,839
January 5,592,172 7,563,322 (1,971,150) 13,604,689
February 11,590,564 15,996,818 (4,406,254) 11,169,585
March 17,392,180 23,413,342 (6,021,162) 9,554,677
April 33,559,062 31,631,530 1,927,532 17,503,371
May 46,893,848 39,883,684 7,010,164 22,586,003
June
July
August
September
October
November
December
1,000,000
2,000,000
3,000,000
4,000,000
5,000,000
6,000,000
7,000,000
8,000,000
70,000,000
80,000,000
90,000,000
100,000,000
110,000,000
Change in Fund
Balance
Rev/Exp Revenues
Expenditures
Change in Fund Balance
(9,000,000)
(8,000,000)
(7,000,000)
(6,000,000)
(5,000,000)
(4,000,000)
(3,000,000)
(2,000,000)
(1,000,000)
‐
1,000,000
‐
10,000,000
20,000,000
30,000,000
40,000,000
50,000,000
60,000,000
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Page 15 of 38
City of Renton
Monthly Revenue Analysis ‐ 2013 Budget Year
General
Government Budget
YTD
Actual
Annual %
over (under)
Jan 5,379,004 5,592,172 3.96%
Feb 11,584,025 11,590,564 0.06%
Mar 16,972,572 17,392,180 2.47%
Apr 31,221,729 33,559,062 7.49%
May 45,394,794 46,893,848 3.30%
Jun 50,550,581
Jul 56,563,011
Aug 61,592,252
Sep 66,703,327
Oct 80,253,811
Nov 93,785,148
Dec 100,849,185
Percent of budget 46.50%
YTD Annual %
$‐
$10
$20
$30
$40
$50
$60
$70
$80
$90
$100
$110
Millions
Total Revenue
General Government
Budget
Actual
Last Year
$36
Millions Property Tax
Property Tax Budget Actual over (under)
Jan 218,452 154,945 ‐29.07%
Feb 457,054 179,965 ‐60.62%
Mar 1,204,989 1,097,866 ‐8.89%
Apr 9,657,654 10,985,190 13.75%
May 16,465,154 16,765,551 1.82%
Jun 16,534,715
Jul 16,753,008
Aug 16,766,628
Sep 17,182,454
Oct 24,590,798
Nov 31,416,250
Dec 31,741,366
Percent of budget 52.82%
$‐
$3
$6
$9
$12
$15
$18
$21
$24
$27
$30
$33
$36
Budget
Actual
Last Year
Page 16 of 38
City of Renton
Monthly Revenue Analysis ‐ 2013 Budget Year
Sales Tax Budget
YTD
Actual
Annual %
over (under)
Jan 1,585,548 1,812,385 14.31%
Feb 3,729,667 4,006,705 7.43%
Mar 5,270,744 5,725,296 8.62%
Apr 6,860,537 7,413,785 8.06%
May 8,668,156 9,351,345 7.88%
Jun 10,307,140
Jul 11,940,419
Aug 13,708,668
Sep 15,384,395
Oct 17,162,223
Nov 18,978,733
Dec 20,723,680
Percent of budget 45.12%
Note: Excludes CJ Sales Tax and Natural Gas Use Tax.
YTD Annual %
$‐
$3
$6
$9
$12
$15
$18
$21
Millions Sales Tax
Budget
Actual
Last Year
$16
Millions Utility Tax
Utility Tax Budget Actual over (under)
Jan 1,494,708 1,277,860 ‐14.51%
Feb 2,992,154 2,740,096 ‐8.42%
Mar 4,459,927 3,933,225 ‐11.81%
Apr 5,872,284 5,478,482 ‐6.71%
May 7,295,443 6,817,405 ‐6.55%
Jun 8,436,312
Jul 9,806,416
Aug 10,986,762
Sep 12,319,071
Oct 13,472,609
Nov 14,686,250
Dec 16,250,662
Percent of budget 41.95%
Note: Includes Natural Gas Use Tax.
$0
$2
$4
$6
$8
$10
$12
$14
$16
Budget
Actual
Last Year
Page 17 of 38
City of Renton
Monthly Revenue Analysis ‐ 2013 Budget Year
Licenses &
Permits Budget
YTD
Actual
Annual %
over (under)
Jan 219,087 325,005 48.34%
Feb 384,853 547,949 42.38%
Mar 574,699 747,996 30.15%
Apr 853,049 1,091,568 27.96%
May 1,034,613 1,368,619 32.28%
Jun 1,227,006
Jul 1,538,622
Aug 1,830,518
Sep 1,987,449
Oct 2,371,160
Nov 2,574,250
Dec 2,863,828
Percent of budget 47.79%
Note: Franchise Fees
YTD Annual % Millions
Intergovernmental
$‐
$0.50
$1.00
$1.50
$2.00
$2.50
$3.00
Millions Licenses & Permits
Budget
Actual
Last Year
Intergovt'l Budget Actual over (under)
Jan 479,441 565,532 17.96%
Feb 1,232,413 1,321,568 7.23%
Mar 1,542,672 1,771,733 14.85%
Apr 2,351,298 2,639,287 12.25%
May 4,754,215 4,517,798 ‐4.97%
Jun 5,412,960
Jul 5,873,661
Aug 6,311,802
Sep 6,777,052
Oct 7,965,213
Nov 10,311,229
Dec 10,976,031
Percent of budget 46.22%
Note: Includes CJ Sales Tax and FD25 & FD40 contracts
$‐
$1
$2
$3
$4
$5
$6
$7
$8
$9
$10
$11
$12
$13
Millions
Budget
Actual
Last Year
Page 18 of 38
City of Renton
Monthly Revenue Analysis ‐ 2013 Budget Year
Charges for
Services Budget
YTD
Actual
Annual %
over (under)
Jan 427,908 485,115 13.37%
Feb 1,115,373 1,196,439 7.27%
Mar 1,634,485 1,798,689 10.05%
Apr 2,236,225 2,483,560 11.06%
May 2,803,832 3,650,729 30.20%
Jun 3,355,031
Jul 4,077,212
Aug 4,768,169
Sep 5,241,207
Oct 5,789,732
Nov 6,275,396
Dec 6,811,096
Percent of budget 45.44%
Note: Excludes FD25 & FD40 contracts
Fines & YTD Annual %
$‐
$1
$2
$3
$4
$5
$6
$7
Millions Charges for Services
Budget
Actual
Last Year
Millions Fines & Forfeits
Forfeits Budget Actual over (under)
Jan 181,746 153,064 ‐15.78%
Feb 413,648 400,231 ‐3.24%
Mar 660,610 675,452 2.25%
Apr 940,197 993,688 5.69%
May 1,250,902 1,272,471 1.72%
Jun 1,563,488
Jul 1,840,824
Aug 2,012,121
Sep 2,188,195
Oct 2,468,378
Nov 2,719,947
Dec 3,058,500
Percent of budget 41.60%
$‐
$0.50
$1.00
$1.50
$2.00
$2.50
$3.00
$3.50
Budget
Actual
Last Year
Page 19 of 38
City of Renton
Monthly Revenue Analysis ‐ 2013 Budget Year
Other Taxes Budget
YTD
Actual
Annual %
over (under)
Jan 609,070 638,523 4.84%
Feb 963,161 934,497 ‐2.98%
Mar 1,239,788 1,230,900 ‐0.72%
Apr 1,951,594 1,963,238 0.60%
May 2,504,949 2,520,946 0.64%
Jun 2,978,377
Jul 3,899,830
Aug 4,250,535
Sep 4,560,560
Oct 5,292,403
Nov 5,586,764
Dec 6,313,000
Percent of budget 39.93%
YTD Annual % Millions Miscellaneous
$0
$1
$2
$3
$4
$5
$6
$7
Millions Other Taxes
Budget
Actual
Last Year
Misc Budget Actual over (under)
Jan 163,044 179,743 10.24%
Feb 295,698 256,140 ‐13.38%
Mar 384,390 404,049 5.11%
Apr 498,462 496,921 ‐0.31%
May 610,500 615,640 0.84%
Jun 728,512
Jul 825,936
Aug 949,941
Sep 1,055,111
Oct 1,133,371
Nov 1,191,991
Dec 1,861,022
Percent of budget 33.08%
$‐
$0.20
$0.40
$0.60
$0.80
$1.00
$1.20
$1.40
$1.60
$1.80 Budget
Actual
Last Year
Page 20 of 38
City of Renton
Monthly Revenue Analysis ‐ 2013 Budget Year
Other
Financing Budget
YTD
Actual
Annual %
over (under)
Jan ‐ ‐ N/A
Feb 5 6,974 139374.80%
Mar 268 6,974 2502.14%
Apr 430 13,343 3003.03%
May 7,030 13,343 89.80%
Jun 7,040
Jul 7,083
Aug 7,110
Sep 7,833
Oct 7,925
Nov 44,338
Dec 250,000
Percent of budget 5.34%
$‐
$1.00
$2.00
$3.00
$4.00
$5.00
$6.00
Millions Other Financing Sources
Budget
Actual
Last Year
Page 21 of 38
City of Renton
Monthly Revenue Analysis ‐ 2013 Budget Year
REET Budget
YTD
Actual
Annual %
over (under)
Jan 71,786 134,099 86.80%
Feb 269,776 396,328 46.91%
Mar 458,016 624,405 36.33%
Apr 638,196 822,064 28.81%
May 872,560 1,108,012 26.98%
Jun 1,193,556
Jul 1,358,006
Aug 1,564,134
Sep 1,724,294
Oct 2,025,764
Nov 2,367,976
Dec 2,600,000
Percent of budget 42.62%
Bldg Permits &
Devlpmt Svc YTD Annual %
$‐
$0.50
$1.00
$1.50
$2.00
$2.50
$3.00
Millions
Real Estate Excise Tax
Budget
Actual
Last Year
Millions Building Permits and Development Service
Fees Budget Actual over (under)
Jan 149,263 327,644 119.51%
Feb 330,604 557,749 68.71%
Mar 566,625 862,909 52.29%
Apr 808,509 1,230,194 52.16%
May 1,044,264 1,618,718 55.01%
Jun 1,288,368
Jul 1,565,806
Aug 1,911,238
Sep 2,081,035
Oct 2,463,407
Nov 2,724,319
Dec 3,123,413
Percent of budget 51.83%
$‐
$0.50
$1.00
$1.50
$2.00
$2.50
$3.00
$3.50
Millions Fees
Budget
Actual
Last Year
Page 22 of 38
City of Renton
Monthly Expenditure Analysis ‐ 2013 Budget Year
General
Government Budget
YTD
Actual
Annual %
over (under)
Jan 7,444,301 7,563,322 1.60%
Feb 16,221,403 15,996,818 ‐1.38%
Mar 23,711,420 23,413,342 ‐1.26%
Apr 32,025,206 31,631,530 ‐1.23%
May 40,641,884 39,883,684 ‐1.87%
Jun 51,096,575
Jul 60,165,457
Aug 68,874,788
Sep 77,517,469
Oct 86,043,550
Nov 94,525,882
Dec 103,926,454
Percent of budget expended 38.38%
YTD Annual %
$‐
$10
$20
$30
$40
$50
$60
$70
$80
$90
$100
$110
Millions
Total Expenditures
General Government
Budget
Actual
Last Year
$300 000
Legislative
Legislative Budget Actual over (under)
Jan 23,231 23,354 0.53%
Feb 47,551 47,686 0.28%
Mar 71,956 72,806 1.18%
Apr 95,878 97,646 1.84%
May 120,148 121,071 0.77%
Jun 144,309
Jul 168,859
Aug 192,896
Sep 217,082
Oct 241,441
Nov 265,573
Dec 290,291
Percent of budget expended 41.71%
$‐
$50,000
$100,000
$150,000
$200,000
$250,000
$300,000
Budget
Actual
Last Year
Page 23 of 38
City of Renton
Monthly Expenditure Analysis ‐ 2013 Budget Year
Executive Budget
YTD
Actual
Annual %
over (under)
Jan 84,700 78,944 ‐6.80%
Feb 190,135 186,330 ‐2.00%
Mar 296,151 297,118 0.33%
Apr 407,614 419,061 2.81%
May 516,918 528,321 2.21%
Jun 623,960
Jul 735,658
Aug 847,425
Sep 953,811
Oct 1,064,489
Nov 1,170,013
Dec 1,322,364
Percent of budget expended 39.95%
Hearing YTD Annual %
$‐
$0.30
$0.60
$0.90
$1.20
$1.50
Millions Executive
Budget
Actual
Last Year
$60 000
Hearing Examiner
Examiner Budget Actual over (under)
Jan 5,296 ‐ 0.00%
Feb 8,447 856 ‐89.87%
Mar 13,293 2,525 ‐81.01%
Apr 15,537 6,671 ‐57.06%
May 18,668 8,371 ‐55.16%
Jun 21,071
Jul 23,545
Aug 27,015
Sep 29,700
Oct 31,542
Nov 36,403
Dec 40,000
Percent of budget expended 20.93%
$‐
$10,000
$20,000
$30,000
$40,000
$50,000
$60,000
Budget
Actual
Last Year
Page 24 of 38
City of Renton
Monthly Expenditure Analysis ‐ 2013 Budget Year
City Attorney Budget
YTD
Actual
Annual %
over (under)
Jan 155,027 141,744 ‐8.57%
Feb 314,005 285,967 ‐8.93%
Mar 472,262 427,953 ‐9.38%
Apr 633,182 584,735 ‐7.65%
May 787,132 724,478 ‐7.96%
Jun 947,880
Jul 1,105,337
Aug 1,263,381
Sep 1,421,095
Oct 1,593,003
Nov 1,749,576
Dec 1,915,103
Percent of budget expended 37.83%
YTD Annual % $2 20
Millions Court Services
$‐
$0.40
$0.80
$1.20
$1.60
$2.00
$2.40
Millions City Attorney
Budget
Actual
Last Year
Court Services Budget Actual over (under)
Jan 161,056 152,280 ‐5.45%
Feb 321,721 310,767 ‐3.40%
Mar 485,078 468,698 ‐3.38%
Apr 650,782 643,564 ‐1.11%
May 824,039 795,263 ‐3.49%
Jun 1,016,165
Jul 1,185,948
Aug 1,354,731
Sep 1,519,505
Oct 1,684,389
Nov 1,852,716
Dec 2,026,149
Percent of budget expended 39.25%
$‐
$0.20
$0.40
$0.60
$0.80
$1.00
$1.20
$1.40
$1.60
$1.80
$2.00
$2.20
Budget
Actual
Last Year
Page 25 of 38
City of Renton
Monthly Expenditure Analysis ‐ 2013 Budget Year
CED Admin Budget
YTD
Actual
Annual %
over (under)
Jan 85,577 85,287 ‐0.34%
Feb 171,360 170,570 ‐0.46%
Mar 257,144 256,405 ‐0.29%
Apr 344,608 344,293 ‐0.09%
May 428,940 428,857 ‐0.02%
Jun 513,272
Jul 597,689
Aug 682,197
Sep 766,581
Oct 850,349
Nov 934,318
Dec 1,020,208
Percent of budget expended 42.04%
Development YTD Annual %
$‐
$0.20
$0.40
$0.60
$0.80
$1.00
$1.20
Millions
Community & Economic
Development Admin
Budget
Actual
Last Year
Millions
Development Services
Services Budget Actual over (under)
Jan 263,464 272,362 3.38%
Feb 532,470 515,474 ‐3.19%
Mar 801,048 768,135 ‐4.11%
Apr 1,070,001 1,060,776 ‐0.86%
May 1,359,141 1,319,207 ‐2.94%
Jun 1,620,563
Jul 1,901,116
Aug 2,169,138
Sep 2,450,976
Oct 2,739,546
Nov 3,020,135
Dec 3,308,299
Percent of budget expended 39.88%
$‐
$0.50
$1.00
$1.50
$2.00
$2.50
$3.00
$3.50
Millions
Budget
Actual
Last Year
Page 26 of 38
City of Renton
Monthly Expenditure Analysis ‐ 2013 Budget Year
Economic
Development Budget
YTD
Actual
Annual %
over (under)
Jan 54,655 75,717 38.54%
Feb 109,521 81,391 ‐25.68%
Mar 155,477 109,135 ‐29.81%
Apr 198,321 146,523 ‐26.12%
May 246,022 175,487 ‐28.67%
Jun 290,316
Jul 339,634
Aug 384,572
Sep 428,840
Oct 472,869
Nov 524,583
Dec 570,280
Percent of budget expended 30.77%
YTD Annual %
$‐
$0.10
$0.20
$0.30
$0.40
$0.50
$0.60
Millions
Economic Development
Budget
Actual
Last Year
Millions
Planning
Planning Budget Actual over (under)
Jan 118,936 112,247 ‐5.62%
Feb 265,596 237,260 ‐10.67%
Mar 381,868 350,721 ‐8.16%
Apr 509,685 480,129 ‐5.80%
May 630,402 603,248 ‐4.31%
Jun 748,996
Jul 870,176
Aug 1,024,050
Sep 1,159,558
Oct 1,279,389
Nov 1,405,692
Dec 1,541,592
Percent of budget expended 39.13%
$‐
$0.20
$0.40
$0.60
$0.80
$1.00
$1.20
$1.40
$1.60
$1.80
Millions
Budget
Actual
Last Year
Page 27 of 38
City of Renton
Monthly Expenditure Analysis ‐ 2013 Budget Year
Finance Budget
YTD
Actual
Annual %
over (under)
Jan 158,336 144,010 ‐9.05%
Feb 323,142 284,066 ‐12.09%
Mar 485,519 437,042 ‐9.98%
Apr 646,871 610,911 ‐5.56%
May 815,548 775,564 ‐4.90%
Jun 991,610
Jul 1,157,861
Aug 1,335,063
Sep 1,499,653
Oct 1,643,469
Nov 1,786,254
Dec 2,242,682
Percent of budget expended 34.58%
YTD Annual % $1 20
Millions City Clerk
$‐
$0.40
$0.80
$1.20
$1.60
$2.00
$2.40
Millions Finance
Budget
Actual
Last Year
City Clerk Budget Actual over (under)
Jan 64,284 61,226 ‐4.76%
Feb 132,790 122,708 ‐7.59%
Mar 205,777 199,840 ‐2.89%
Apr 343,675 270,581 ‐21.27%
May 414,549 573,204 38.27%
Jun 484,479
Jul 688,755
Aug 762,679
Sep 835,208
Oct 907,934
Nov 981,746
Dec 1,061,505
Percent of budget expended 54.00%
$‐
$0.20
$0.40
$0.60
$0.80
$1.00
$1.20
Budget
Actual
Last Year
Page 28 of 38
City of Renton
Monthly Expenditure Analysis ‐ 2013 Budget Year
Human
Resources Budget
YTD
Actual
Annual %
over (under)
Jan 83,400 64,230 ‐22.99%
Feb 161,123 134,784 ‐16.35%
Mar 240,261 212,385 ‐11.60%
Apr 311,770 288,203 ‐7.56%
May 382,831 357,200 ‐6.70%
Jun 469,447
Jul 552,148
Aug 635,001
Sep 713,975
Oct 797,946
Nov 885,037
Dec 977,094
Percent of budget expended 36.56%
YTD Annual %
$‐
$0.20
$0.40
$0.60
$0.80
$1.00
Millions Human Resources
Budget
Actual
Last Year
$30
Millions Police
Police Budget Actual over (under)
Jan 2,428,756 2,521,995 3.84%
Feb 4,822,410 4,737,466 ‐1.76%
Mar 7,237,703 7,196,803 ‐0.57%
Apr 9,708,499 9,460,145 ‐2.56%
May 11,922,640 11,645,035 ‐2.33%
Jun 14,514,940
Jul 17,110,436
Aug 19,351,851
Sep 21,759,242
Oct 24,136,681
Nov 26,544,437
Dec 29,126,701
Percent of budget expended 39.98%
$‐
$3
$6
$9
$12
$15
$18
$21
$24
$27
$30
Budget
Actual
Last Year
Page 29 of 38
City of Renton
Monthly Expenditure Analysis ‐ 2013 Budget Year
Fire &
Emergency
Services Budget
YTD
Actual
Annual %
over (under)
Jan 1,888,720 2,045,002 8.27%
Feb 4,532,143 4,729,656 4.36%
Mar 6,445,515 6,673,347 3.53%
Apr 8,335,243 8,636,731 3.62%
May 10,507,156 10,518,427 0.11%
Jun 12,415,229
Jul 14,332,466
Aug 16,378,589
Sep 18,352,651
Oct 20,268,263
Nov 22,198,986
Dec 24,188,120
Percent of budget expended 43.49%
Community YTD Annual %
$‐
$3
$6
$9
$12
$15
$18
$21
$24
Millions Fire & Emergency Services
Budget
Actual
Last Year
$0 50
Millions Community Services Admin
Services Admin Budget Actual over (under)
Jan 38,606 37,025 ‐4.09%
Feb 74,909 74,364 ‐0.73%
Mar 111,787 111,667 ‐0.11%
Apr 148,344 150,854 1.69%
May 185,868 187,590 0.93%
Jun 222,528
Jul 259,410
Aug 295,998
Sep 332,176
Oct 367,946
Nov 405,451
Dec 450,911
Percent of budget expended 41.60%
$‐
$0.05
$0.10
$0.15
$0.20
$0.25
$0.30
$0.35
$0.40
$0.45
$0.50
Budget
Actual
Last Year
Page 30 of 38
City of Renton
Monthly Expenditure Analysis ‐ 2013 Budget Year
Parks Budget
YTD
Actual
Annual %
over (under)
Jan 284,059 269,811 ‐5.02%
Feb 571,759 563,088 ‐1.52%
Mar 881,042 851,150 ‐3.39%
Apr 1,213,451 1,192,965 ‐1.69%
May 1,544,269 1,515,905 ‐1.84%
Jun 1,894,848
Jul 2,261,158
Aug 2,638,492
Sep 3,030,537
Oct 3,420,829
Nov 3,789,095
Dec 4,153,621
Percent of budget expended 36.50%
Parks Planning
and Natural YTD Annual %
$‐
$0.50
$1.00
$1.50
$2.00
$2.50
$3.00
$3.50
$4.00
$4.50
Millions Parks
Budget
Actual
Last Year
$0 80
Millions Parks Planning and Natural Resources
Resources Budget Actual over (under)
Jan 47,101 42,639 ‐9.47%
Feb 95,269 88,359 ‐7.25%
Mar 156,534 142,461 ‐8.99%
Apr 214,184 196,871 ‐8.08%
May 286,142 258,947 ‐9.50%
Jun 355,723
Jul 415,823
Aug 476,926
Sep 545,276
Oct 620,182
Nov 690,040
Dec 755,638
Percent of budget expended 34.27%
$‐
$0.10
$0.20
$0.30
$0.40
$0.50
$0.60
$0.70
$0.80
Budget
Actual
Last Year
Page 31 of 38
City of Renton
Monthly Expenditure Analysis ‐ 2013 Budget Year
Recreation Budget
YTD
Actual
Annual %
over (under)
Jan 343,076 305,989 ‐10.81%
Feb 697,923 650,023 ‐6.86%
Mar 1,060,652 1,002,907 ‐5.44%
Apr 1,435,547 1,371,571 ‐4.46%
May 1,810,378 1,698,203 ‐6.20%
Jun 2,195,700
Jul 2,787,526
Aug 3,446,454
Sep 3,960,958
Oct 4,343,623
Nov 4,714,526
Dec 5,130,300
Percent of budget expended 33.10%
Human YTD Annual % $1 20
Millions Human Services
$‐
$1
$2
$3
$4
$5
$6
Millions Recreation
Budget
Actual
Last Year
Services Budget Actual over (under)
Jan 55,141 45,984 ‐16.61%
Feb 122,303 128,054 4.70%
Mar 217,326 218,002 0.31%
Apr 381,767 340,261 ‐10.87%
May 479,318 431,038 ‐10.07%
Jun 542,375
Jul 674,923
Aug 744,460
Sep 805,315
Oct 959,873
Nov 1,030,967
Dec 1,196,052
Percent of budget expended 36.04%
$‐
$0.20
$0.40
$0.60
$0.80
$1.00
$1.20
Budget
Actual
Last Year
Page 32 of 38
City of Renton
Monthly Expenditure Analysis ‐ 2013 Budget Year
Neighborhoods
, Resources,
and Events Budget
YTD
Actual
Annual %
over (under)
Jan 55,854 56,917 1.90%
Feb 109,166 108,774 ‐0.36%
Mar 172,916 171,351 ‐0.91%
Apr 236,903 231,744 ‐2.18%
May 298,441 288,076 ‐3.47%
Jun 378,699
Jul 470,110
Aug 555,842
Sep 632,165
Oct 703,188
Nov 803,370
Dec 914,955
Percent of budget expended 31.49%
YTD Annual % $0 30
Millions Library Fund
$‐
$0.10
$0.20
$0.30
$0.40
$0.50
$0.60
$0.70
$0.80
$0.90
$1.00
Millions Neighborhoods, Resources, and Events
Budget
Actual
Last Year
Library Fund Budget Actual over (under)
Jan ‐ ‐ N/A
Feb ‐ ‐ N/A
Mar ‐ ‐ N/A
Apr ‐ ‐ N/A
May ‐ ‐ N/A
Jun ‐
Jul ‐
Aug ‐
Sep ‐
Oct ‐
Nov ‐
Dec ‐
Percent of budget expended N/A
$‐
$0.05
$0.10
$0.15
$0.20
$0.25
$0.30
Budget
Actual
Last Year
Page 33 of 38
City of Renton
Monthly Expenditure Analysis ‐ 2013 Budget Year
Museum Fund Budget
YTD
Actual
Annual %
over (under)
Jan 17,250 16,898 ‐2.04%
Feb 34,747 34,090 ‐1.89%
Mar 52,190 51,213 ‐1.87%
Apr 69,816 69,807 ‐0.01%
May 87,358 87,136 ‐0.25%
Jun 105,057
Jul 122,568
Aug 140,200
Sep 158,058
Oct 175,778
Nov 193,585
Dec 211,080
Percent of budget expended 41.28%
Public Works YTD Annual % $500 000
Public Works Admin
$‐
$30,000
$60,000
$90,000
$120,000
$150,000
$180,000
$210,000
$240,000
Museum Fund
Budget
Actual
Last Year
Admin Budget Actual over (under)
Jan 40,394 39,971 ‐1.05%
Feb 80,618 79,912 ‐0.88%
Mar 120,971 119,866 ‐0.91%
Apr 161,356 163,297 1.20%
May 201,472 202,081 0.30%
Jun 241,508
Jul 281,724
Aug 322,247
Sep 363,226
Oct 402,909
Nov 442,662
Dec 483,035
Percent of budget expended 41.84%
$‐
$50,000
$100,000
$150,000
$200,000
$250,000
$300,000
$350,000
$400,000
$450,000
$500,000
Budget
Actual
Last Year
Page 34 of 38
City of Renton
Monthly Expenditure Analysis ‐ 2013 Budget Year
Street
Maintenance Budget
YTD
Actual
Annual %
over (under)
Jan 333,344 302,270 ‐9.32%
Feb 713,983 641,518 ‐10.15%
Mar 1,077,703 937,528 ‐13.01%
Apr 1,405,768 1,294,196 ‐7.94%
May 1,756,371 1,600,743 ‐8.86%
Jun 2,128,477
Jul 2,485,951
Aug 2,826,956
Sep 3,174,309
Oct 3,531,791
Nov 3,898,668
Dec 4,294,894
Percent of budget expended 37.27%
YTD Annual %
$‐
$0.50
$1.00
$1.50
$2.00
$2.50
$3.00
$3.50
$4.00
$4.50
$5.00
Millions Street Maintenance
Budget
Actual
Last Year
$5 0
Millions Transportation
Transportation Budget Actual over (under)
Jan 298,525 311,908 4.48%
Feb 675,318 670,659 ‐0.69%
Mar 1,051,492 1,074,529 2.19%
Apr 1,429,100 1,512,690 5.85%
May 1,797,203 1,819,302 1.23%
Jun 2,158,029
Jul 2,553,346
Aug 2,923,438
Sep 3,300,485
Oct 3,687,132
Nov 4,071,164
Dec 4,562,797
Percent of budget expended 39.87%
$0.0
$0.5
$1.0
$1.5
$2.0
$2.5
$3.0
$3.5
$4.0
$4.5
$5.0
Budget
Actual
Last Year
Page 35 of 38
City of Renton
Monthly Expenditure Analysis ‐ 2013 Budget Year
Debt Service Budget
YTD
Actual
Annual %
over (under)
Jan ‐ ‐ N/A
Feb 250,317 250,317 0.00%
Mar 250,317 250,317 0.00%
Apr 835,676 835,676 0.00%
May 835,676 835,676 0.00%
Jun 4,000,717
Jul 4,667,503
Aug 5,334,289
Sep 6,001,075
Oct 6,667,861
Nov 7,334,647
Dec 8,001,433
Percent of budget expended 10.44%
Non‐
Departmental YTD Annual % $5 00
Millions Non‐Departmental Other City Services
$‐
$1
$2
$3
$4
$5
$6
$7
$8
$9
$10
Millions Debt Service
Budget
Actual
Last Year
Other City Budget Actual over (under)
Jan 355,512 355,512 0.00%
Feb 862,677 862,677 0.00%
Mar 1,009,438 1,009,438 0.00%
Apr 1,221,630 1,221,630 0.00%
May 2,385,254 2,385,254 0.00%
Jun 2,070,675
Jul 2,415,788
Aug 2,760,900
Sep 3,106,013
Oct 3,451,125
Nov 3,796,238
Dec 4,141,350
Percent of budget expended 57.60%
$‐
$0.50
$1.00
$1.50
$2.00
$2.50
$3.00
$3.50
$4.00
$4.50
$5.00 Budget
Actual
Last Year
Page 36 of 38
City of Renton
Monthly Enterprise Fund Financial Report ‐ 2013 Budget Year
Utilities Budget Revenue Expense
Jan 3,829,376 5,451,016 3,091,235
Feb 8,589,616 10,484,839 7,162,971
Mar 13,047,174 16,704,949 12,742,494
Apr 17,968,338 21,897,618 17,525,965
May 22,562,679 27,540,401 22,717,408
Jun 29,148,341
Jul 35,053,685
Aug 40,236,656
Sep 45,248,315
Oct 51,131,985
Nov 56,094,010
Dec 76,780,407
Percent of budget expended 30.25%
Note: Operations and Capital
$0
$10
$20
$30
$40
$50
$60
$70
$80
$90
Millions Utilities
Budget
Revenue
Expense
$20 00
Millions Airport
Airport Budget Revenue Expense
Jan 935,162 197,380 132,655
Feb 2,083,969 816,583 272,568
Mar 3,069,357 1,033,561 551,940
Apr 4,275,510 1,326,892 679,773
May 5,852,168 1,542,344 1,344,469
Jun 7,982,426
Jul 8,966,127
Aug 10,412,537
Sep 11,390,616
Oct 13,465,777
Nov 14,454,537
Dec 18,740,730
Percent of budget expended 7.17%
Note: Operations and Capital
$‐
$2.00
$4.00
$6.00
$8.00
$10.00
$12.00
$14.00
$16.00
$18.00
$20.00
Budget
Revenue
Expense
Page 37 of 38
City of Renton
Monthly Enterprise Fund Financial Report ‐ 2013 Budget Year
Golf Course Budget Revenue Expense
Jan 138,483 59,391 129,801
Feb 283,549 161,197 254,957
Mar 587,345 291,654 404,017
Apr 749,859 505,367 579,467
May 958,900 747,089 721,090
Jun 1,133,021
Jul 1,331,819
Aug 1,513,051
Sep 1,688,936
Oct 1,864,635
Nov 2,024,142
Dec 2,632,848
Percent of budget expended 27.39%
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
Page 38 of 38