HomeMy WebLinkAbout201307, July.pdfADMINISTRATIVE SERVICES
DEPARTMENT
M E M O R A N D U M
DATE: September 5, 2013
TO: Randy Corman, Council President
Members of the Renton City Council
CC: Denis Law, Mayor
Administrators
FROM: Hai Nguyen, Sr. Finance Analyst
SUBJECT: July 2013 Financial Status Report
At the end of July, general governmental revenues show $1.7 million or 3% over budget.
Revenues sources that are higher than expected are: property tax ($201k); sales tax ($826k);
sales tax annexation credit ($166k); real estate excise tax ($64k); building permits &
development service fees ($663k); state shared revenues ($380k); interfund services ($101k);
rents, leases, and concessions ($109k); and other miscellaneous ($131k). On the down side, the
revenue sources that are underperforming the year to date budget are: utility taxes ($539k
below); gambling taxes ($187k below); fines and penalties ($62k below); seizure funds ($87k
below) and interest earnings ($68k below).
General government expenditures showed a favorable variance of $1.3 million or 2.2%. 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.
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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
Propert y Tax 32,357,894 17,221,992 33,466,364 17,748,446 31,741,366 16,753,008 16,954,079 201,071 1.2%
Sales Tax 17,729,731 10,272,884 18,564,670 10,512,932 18,604,000 10,736,989 11,562,516 825,526 7.7%
Sales Tax ‐ Annexation Credit 2,033,954 1,162,559 2,208,492 1,253,852 2,119,680 1,203,430 1,369,168 165,738 13.8%
Criminal Justice Sales Tax 1,809,757 1,038,964 1,924,470 1,070,042 1,932,500 1,074,507 1,171,527 97,020 9.0%
Natural Gas Use Tax 249,407 177,560 272,53 0 218,126 300,000 213,579 169,403 (44,176) ‐20.7%
Admission Tax 308,200 220,894 311,054 235,808 308,000 233,493 240,224 6,731 2.9%
Franchise Fees 1,234,448 894,644 1,262,188 904,991 1,260,000 903,423 943,042 39,619 4.4%
Electricity Tax 5,166,711 3,109,033 5,211,111 3,149,766 5,468,000 3,305,038 3,049,554 (255,484) ‐7.7%
Natural Gas Utility Tax 1,848,806 1,339,817 1,669,967 1,215,126 1,656,000 1,204,963 1,085,808 (119,155) ‐9.9%
Transfer Station 297,47 4 146,408 330,607 172,862 300,000 156,859 221,951 65,09 2 41.5%
TV Cable 1,385,275 785,611 1,423,664 801,145 1,477,648 831,524 838,645 7,122 0.9%
Telephone 966,827 567,883 1,056,420 577,643 1,000,000 546,793 528,707 (18,086) ‐3.3%
Cellular Phone 2,054,183 1,240,214 2,183,853 1,362,824 2,200,000 1,372,901 1,105,046 (267,855) ‐19.5%
Cit y Utilities 3,516,179 1,979,861 3,806,281 2,150,615 3,849,014 2,174,759 2,267,850 93,091 4.3%
Leasehold Excise Tax 162,593 82,413 158,849 80,019 145,000 73,043 82,442 9,399 12.9%
Gambling Excise Tax 1,671,414 998,783 1,691,209 964,278 1,600,000 912,273 725,074 (187,199) ‐20.5%
Real Estate Excise Tax 2,074,059 1,017,867 2,811,902 1,468,685 2,600,000 1,655,599 1,719,709 64,110 3.9%
Less: Munici pal Facilities CIP REET (400,000) (181,762) (943,792) (290,111) (500,000) (330,727) (330,727) ‐ 0.0%
EMS Levy 868,873 510,544 885,781 442,891 900,000 458,181 458,181 ‐ 0.0%
Business License Fees 442,451 303,071 444,680 311,433 533,067 373,335 342,769 (30,566) ‐8.2%
Animal Licenses and Spec Events Permits 232,534 110,871 242,668 128,619 90,000 57,210 62,400 5,19 0 9.1%
Building Permits & Development Svc Fees 2,772,779 1,397,361 3,401,537 1,756,656 3,123,413 1,565,806 2,229,200 663,394 42.4%
Intergovt'l (Grants, State Shared, etc) 4,737,323 2,165,109 4,593,185 2,532,984 3,471,505 2,256,496 2,539,941 283,445 12.6%
Fire District 25 and 40 Contracts 6,110,668 3,113,598 6,155,621 3,078,566 5,574,526 2,727,457 2,727,457 ‐ 0.0%
Public Safety 484,985 294,503 485,89 9 283,204 670,759 550,002 550,002 ‐ 0.0%
Culture and Recreation 1,493,540 887,268 1,494,165 911,944 1,618,486 987,822 952,859 (34,963) ‐3.5%
Interfund/Interdept‐Services 3,070,506 1,758,019 3,311,715 1,781,164 3,313,830 1,933,068 2,034,531 101,463 5.2%
Fines and Penalties 1,163,602 622,204 1,046,246 541,152 1,108,500 577,922 603,794 25,872 4.5%
Photo Enforcement 1,897,782 1,189,991 1,976,203 1,279,871 1,950,000 1,262,901 1,174,581 (88,320) ‐7.0%
Seizure Funds ‐ Federal/State/Local 83,220 ‐ 37,941 25,614 180,693 121,985 34,567 (87,419) ‐71.7%
Interests and Other Earnings 107,183 59,958 342,42 4 59,508 745,300 129,522 61,350 (68,172) ‐52.6%
Rents, Leases, and Concessions 744,834 476,173 822,428 529,399 650,929 419,005 527,965 108,961 26.0%
Contributions and Donations 196,586 142,432 124,082 71,324 93,100 53,515 52,867 (648) ‐1.2%
Other Miscellaneous 529,147 253,631 564,571 310,750 516,369 288,949 420,017 131,068 45.4%
Other Financing Sources (Transfer‐In, etc) 1,073,507 168,527 5,118,188 144,991 254,868 7,220 20,415 13,195 182.7%
Total Operating Revenue s 100,476,431 55,528,886 108,457,170 57,787,119 100,856,553 56,791,848 58,496,912 1,705,064 3.0%
OPERATING EXPENDITURES
Council 271,236 158,140 278,768 161,791 290,291 168,859 169,210 (351) ‐0.2%
Executive 1,566,906 862,086 1,377,109 775,729 1,322,364 735,658 718,411 17,248 2.3%
Hearin g Examiner 59,878 37,133 60,368 33,646 40,000 23,545 9,242 14,30 4 60.7%
City Attorney 1,596,609 923,755 1,706,320 982,591 1,915,103 1,105,337 1,013,090 92,246 8.3%
Court Services 2,084,170 1,209,319 2,074,980 1,225,120 2,026,149 1,185,948 1,141,510 44,438 3.7%
Community and Eco Dvlpmnt Admin 929,814 542,926 942,071 553,718 1,020,208 597,689 600,318 (2,629) ‐0.4%
Development Services 2,810,736 1,673,333 3,103,568 1,725,325 3,358,299 1,929,849 1,867,544 62,305 3.2%
Economic Development 659,981 396,949 529,043 311,183 570,280 339,634 254,764 84,871 25.0%
Planning 1,447,781 795,138 1,482,233 858,754 1,541,592 870,176 856,640 13,535 1.6%
Finance 2,134,667 1,076,398 2,221,882 1,172,818 2,242,682 1,157,861 1,123,823 34,037 2.9%
City Clerk 736,880 474,938 937,067 611,198 1,061,505 688,755 683,021 5,733 0.8%
Human Resources 888,252 491,235 937,412 540,433 977,094 552,148 510,868 41,28 0 7.5%
Police 24,737,346 14,540,935 25,004,580 14,710,132 25,379,201 14,924,407 14,602,739 321,668 2.2%
Jail Services 6,206,735 1,769,837 3,489,616 1,746,776 3,750,000 2,224,865 2,224,865 ‐ 0.0%
Fire 22,511,597 13,191,127 24,173,315 14,471,622 24,197,056 14,337,761 14,457,407 (119,646) ‐0.8%
Community Services Admin 416,28 4 238,509 434,558 250,982 450,911 259,410 262,830 (3,420) ‐1.3%
Parks 3,829,676 2,093,871 4,004,054 2,170,674 4,153,621 2,261,158 2,236,956 24,202 1.1%
Parks Planning & Natural Resources 551,423 301,757 577,93 4 319,721 934,005 513,977 370,751 143,22 6 27.9%
Recreation 4,974,002 2,702,061 4,982,229 2,707,614 5,130,300 2,787,526 2,696,025 91,501 3.3%
Human Services 1,247,294 694,753 1,193,871 682,779 1,196,052 674,923 628,351 46,572 6.9%
Nei ghborhoods, Resources, & Events 675,534 337,750 701,673 369,868 914,955 470,110 447,998 22,11 2 4.7%
Library 2,030,000 1,817,619 278,604 266,106 ‐ ‐ ‐ ‐ 0.0%
Museum 210,620 122,204 216,887 126,037 211,080 122,568 122,060 508 0.4%
Public Works Admin 452,538 262,362 470,051 275,725 483,035 281,724 269,323 12,400 4.4%
Street Maintenance 3,534,025 2,050,768 3,755,640 2,168,603 4,294,894 2,485,951 2,229,390 256,561 10.3%
Transportation 4,509,066 2,544,732 4,615,160 2,561,195 4,579,081 2,562,459 2,490,033 72,426 2.8%
Debt Service 4,822,56 6 1,285,140 9,752,337 1,905,620 8,034,283 1,808,239 1,808,239 ‐ 0.0%
Non ‐Departmental and Other 4,930,383 3,726,837 4,637,555 1,863,974 5,641,350 2,740,276 2,740,276 ‐ 0.0%
Total Operating Expenditures 100,825,999 56,321,612 103,938,882 55,549,735 105,715,391 57,810,812 56,535,685 1,275,127 2.2%
Total Ending Fund Balance 11,057,551$ 10,614,393$ 15,575,840$ 13,294,935$ 10,717,001$ 14,556,875$ 17,537,066$ 2,980,191$ 20.5%
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 July 2013
Page 1 of 38
Monthly Financial Report July 2013
OVERVIEW
This financial overview reflects the City’s overall financial position for the fiscal year through July 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 73% of
all resources supporting general governmental activities. The following section provides detail information on property,
sales, utility, and other taxes.
Property Tax
July’s collection is $100k, making the
total year‐to‐date collection $17 million
or 53.4% of the total budget. In
comparison to the previous year, the City
collected $794k or 4% less. Compared to
the budget, the City is above projections
by $201k or 1%. 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
July 2013 sales tax receipts totalled $1.6
million. Compared with the same month
last year, it is $143k or 9% more.
Compared to the projected current
month’s budget, it is $186k or 13% above.
The year‐to‐date collection of $11.6
million is $1 million or 10% more than the
prior year and is also $826k or 8% more
than budgeted. The increase is primarily
attributed to several major projects
underway in both Building Construction
and Heavy and Civil projects, which
account for $476k of the budget variance.
Another item is a 1‐time audit correction
in the manufacturing sector for 2012 that
reduced activity in 2012 by $132k. Lastly, the other (miscellaneous) sector is performing well due to growth within the
insurance category. If we remove all of these items, we are $442k or 4% over 2012 and $218k or 2% more than 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 88,480 45,277 105% 18,919 27%
Jul 446,717 218,293 100,047 (346,670) ‐78% (118,246) ‐54%
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 17,748,446$ 16,753,008$ 16,954,079$ (794,368)$ ‐4% 201,071$ 1%
Annual Total 33,466,364$ 31,741,366$
Property Tax Revenues
Year to Date through July
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 1,552,807 70,013 5% 81,473 6%
Jul 1,505,142 1,462,124 1,647,860 142,718 9% 185,736 13%
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 10,512,932$ 10,736,989$ 11,562,516$ 1,049,584$ 10% 825,526$ 8%
Annual Total 18,564,670$ 18,604,000$
2013 vs. Budget2013 vs. 2012
Month
Year to Date through July
Local Retail Sales Tax Revenues
Page 2 of 38
Monthly Financial Report July 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 933,437$ 1,004,117$ 1,502,663$ 569,226$ 61%$ 498,546 50%
Auto Sales 1,908,694 1,935,807 2,122,045 213,351 11% 186,239 10%
General Retail 3,777,248 3,813,645 3,771,296 (5,953) 0% (42,349)‐1%
Manufacturing 617,735 631,348 749,670 131,935 21% 118,322 19%
Wholesale 675,829 676,755 658,794 (17,035) ‐3% (17,961)‐3%
Service 2,367,495 2,444,312 2,449,354 81,859 3% 5,042 0%
Other 232,492 231,005 308,693 76,201 33% 77,688 34%
YTD Total 10,512,932$ 10,736,989$ 11,562,516$ 1,049,584$ 10%825,526$ 8%
Note: Excludes Annexation Credit and Criminal Justice Sales Tax revenue.
Utility tax
July utility tax revenues are $1.3 million,
which is $81k or 6% lower than the same
month last year and is also behind the
budget by $110k or 8%. The year‐to‐date
collection is $9.3 million, which is $381k
or 4% lower than the prior year and is
also $539k or 6% 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 $433k or 6%. 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 $270k or 8%).
Utility Tax by Type 2012 2013 Bgt YTD Act Change 2013/2012 2013 Act vs Bgt
Electrical 3,149,766$ 3,305,038$ 3,049,554$ (100,212)$ ‐3%$ (255,484)‐8%
Natural Gas 1,433,252 1,418,542 1,255,211 (178,041) ‐12% (163,330)‐12%
Cell 1,362,824 1,372,901 1,105,046 (257,778) ‐19% (267,855)‐20%
Phone 577,643 546,793 528,707 (48,936) ‐8% (18,086)‐3%
Cable 801,145 831,524 838,645 37,500 5% 7,122 1%
Transfer Station 172,862 156,859 221,951 49,089 28% 65,092 41%
City Utilities 2,150,615 2,174,759 2,267,850 117,236 5% 93,091 4%
YTD Total 9,648,107$ 9,806,416$ 9,266,965$ (381,142)$ ‐4%(539,451)$ ‐6%
Annual Total 15,954,432$ 16,250,662$
YTD as % of 60% 60%
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 1,189,847 81,259 7% 48,977 4%
Jul 1,340,939 1,370,103 1,259,713 (81,225) ‐6% (110,390) ‐8%
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 9,648,107$ 9,806,416$ 9,266,965$ (381,142)$ ‐4% (539,451)$ ‐6%
Annual Total 15,954,432$ 16,250,662$
2013 vs. Budget2013 vs. 2012
Year to Date through July
Utility Tax Revenues
Month
Page 3 of 38
Monthly Financial Report July 2013
Other Taxes
Real Estate Excise Tax
The City collected $264k in Real Estate
Excise Tax revenues (REET) for July. This is
$86k or 48% above the same month last
year and is also $53k or 25% more than the
current month’s budget. The year‐to‐date
collection is $1.7 million, which is $251k or
17% more than the prior year and is also
$64k or 4% above the budget. The City is
projecting REET to meet the budget at
year‐end.
Gambling Tax
July’s Gambling Tax collections
totalled $89k, which is $72k or 45%
below the same month last year and is
also $63k or 42% below the current
month’s budget. The year‐to‐date
total of $725k is $239k or 25% below
the year before and is also $187k or
21% 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 an 7% decrease,
bingo decreased by 14%, and card‐
rooms are seeing 38% lower in activities when compared to the prior year.
Franchise Fees
Franchise Fees are due quarterly and
the year‐to‐date revenue collections
are $943k or 75% of the budget. This
is $38k or 4% higher than the prior
year and is also $40k or 4% 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 347,179 380,093 347,890 711 0% (32,203) ‐8%
Jul 177,839 211,158 263,807 85,967 48% 52,649 25%
Aug 222,933 212,507
Sep 173,212 165,111
Oct 326,027 270,325
Nov 370,123 193,261
Dec 250,922 103,198
YTD Total 1,468,685$ 1,655,599$ 1,719,709$ 251,024$ 17% 64,110$ 4%
Annual Total 2,811,902$ 2,600,000$
Real Estate Excise Tax Revenues
Year to Date through July
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 60,074 (67,298) ‐53% (60,428) ‐50%
Jul 161,244 152,548 89,157 (72,087) ‐45% (63,391) ‐42%
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 964,278$ 912,273$ 725,074$ (239,203)$ ‐25% (187,199)$ ‐21%
Annual Total 1,691,209$ 1,600,000$
Year to Date through July
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 305,065 304,536 315,694 10,630 3% 11,158 4%
Oct 309,001 308,466 ‐
Dec 48,195 48,111 ‐
YTD Total 904,991$ 903,423$ 943,042$ 38,050$ 4% 39,619$ 4%
Annual Total 1,262,188$ 1,260,000$
Month
2013 vs. 2012 2013 vs. Budget
Franchise Fees Revenue
Year to Date through July
Page 4 of 38
Monthly Financial Report July 2013
Admission Tax
Admission Tax returns are due
quarterly in January, April, July, and
October of each year. July 2013
collections represent activities
conducted during the 2nd quarter of
2013. The year‐to‐date collection of
$240k is $5k or 2% more than the
prior year and is also $8k or 3% more
than 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 $317k in July. The
year‐to‐date development fees revenue of
$2.2 million is $527k or 31% more than the
year before and is also $663k or 42% higher
than budget. The higher than expected fees
are due to collecting more in general
building permits, electrical permits, street
excavations, and plan check fees. The City is
projecting building permits and
development service fees to exceed the
budget at year‐end.
Business Licenses
Business Licenses totalled $53k for July, which is
$46k or 47% below the same month last year and
is also $66k or 55% below the current month’s
budget. The year‐to‐date Business Licenses
revenue of $343k is $31k or 10% above the prior
year but is $31k or 8% lower than the budget.
The variance for July is due to correcting the
percentages distributed between the General
fund and Transportation CIP fund. 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 87,473 6,370 8% 7,166 9%
Oct 74,001 73,275 ‐
Dec 1,244 1,232 ‐
YTD Total 235,808$ 233,493$ 240,224$ 5,350$ 2% 7,655$ 3%
Annual Total 311,054$ 308,000$
Month
2013 vs. 2012 2013 vs. Budget
Admission Tax Revenue
Year to Date through July
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 284,208 244,103 293,386 9,178 3% 49,282 20%
Jul 294,286 277,438 317,096 22,809 8% 39,658 14%
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 1,702,483$ 1,565,806$ 2,229,200$ 526,716$ 31% 663,394$ 42%
Annual Total 3,331,862$ 3,123,413$
Building Permits and Development Service Fees
Year to Date through July
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 5,701 2,324 69% 1,653 41%
Jul 98,553 118,142 52,586 (45,967) ‐47% (65,556) ‐55%
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 311,433$ 373,335$ 342,769$ 31,336$ 10% (30,566)$ ‐8%
Annual Total 444,680$ 533,067$
2013 vs. 2012
Year to Date through July
2013 vs. Budget
Business Licenses
Month
Page 5 of 38
Monthly Financial Report July 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 83%
of the total revenues in this
category. The year‐to‐date
total Intergovernmental
revenue is $6.4 million or 59% of the budget.
State Shared Revenues
State Shared Revenue collections
totalled $2.6 million since the start
of the year. Compared to the prior
year, State Shared Revenues are
below by $271k or 9%. Compared
to the projected budget, the City is
collecting $380k or 17% 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 66% of the total revenue in this category. The year‐to‐date total charges for services are $4.5 million or 66% of
the budget. This is 10% above budget projections. The following sections provide detail information for Public Safety,
Recreation, and Interfund Services.
Intergovernmental 2012 2013 Bgt YTD Act Change 2013/2012 2013 Act vs Bgt
Fire District #25 698,717$ 591,779$ 591,779$ (106,938)$ ‐15% $ ‐ 0%
Fire District #40 2,379,849 2,135,678 2,135,678 (244,171) ‐10%‐ 0%
State Shared Revenue 2,884,047 2,232,116 2,612,582 (271,465) ‐9% 380,465 17%
Federal Grants 293,660 904,426 904,426 610,766 208% (0) 0%
State Grants 83,535 52,942 52,942 (30,593) ‐37% (0) 0%
Other Grants/Intgovt 87,720 26,726 26,726 (60,993) ‐70% (0) 0%
ARRA Grants 254,064 114,792 114,792 (139,272) ‐55% (0) 0%
Total Rev YTD 6,681,592$ 6,058,460$ 6,438,925$ (242,666)$ ‐4%380,465$ 6%
Total Rev Annual 12,673,276$ 10,978,531$
YTD % 53% 55% 59%
Note: Includes CJ Sales Tax and FD25 & FD40 contracts
2012 2013 2013
Actual Budget Actual $ % $ %
Crim Just Sales Tax 1,070,042$ 1,074,507$ 1,171,527$ 101,485$ 9% 97,020$ 9%
Judicial Contribution 11,316 11,250 17,097 5,781 51% 5,847 52%
Crim Just ‐ High Crime 144,999 ‐ 166,329 21,330 15% 166,329 100%
Crim Just ‐ Pop 15,589 ‐ 16,728 1,139 7% 16,728 100%
Crim Just ‐ Spec Prog 58,682 66,969 62,393 3,711 6% (4,575) ‐7%
State DUI 13,149 13,605 12,697 (451) ‐3% (908) ‐7%
Liquor Profits 506,059 348,716 423,384 (82,675) ‐16% 74,668 21%
Liquor Excise Tax 342,495 ‐ ‐ (342,495) 0%‐ N/A
Fuel Tax 721,716 717,070 742,427 20,711 3% 25,356 4%
YTD Total 2,884,047$ 2,232,116$ 2,612,582$ (271,465)$ ‐9% 380,465$ 17%
Annual Total 4,825,202$ 4,208,000$
Year to Date through July
State Shared Revenues
2013 vs. 2012
Revenue
2013 vs. Budget
Page 6 of 38
Monthly Financial Report July 2013
Public Safety Services
Public Safety Services totalled $550k 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 $267k or 94% 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
$550k receipted for Public Safety Services, $254k is for intergovernmental.
Recreation
Recreation revenues totalled $345k for the
current month. Compared to the same
month the prior year, the City collected $85k
or 33% more. Compared to the projected
monthly budget, the City collected $63k or
22% more. The primary reason that
recreation fees are lower is due to the new
cost recovery policy approved by council in
2012 which reduces or eliminates those
programs that do not meet recovery
objectives. This revenue reduction translates
into a savings of $92k in the Recreation
Division of the Community Services
Department.
Interfund Services
The year‐to‐date collections for Interfund
Services revenues are $2 million. Compared
to the prior year, the revenues are over by
$253k or 14%. Compared to the projected
budget, the revenues are above by $101k or
5%. 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 36,945 36,945 5,459 17%‐ 0%
Jul 54,883 69,340 69,340 14,457 26%‐ 0%
Aug 34,742 20,698 ‐
Sep 36,019 21,459 ‐
Oct 37,300 22,222 ‐
Nov 33,025 19,675 ‐
Dec 61,608 36,704 ‐
YTD Total 283,204$ 550,002$ 550,002$ 266,797$ 94%‐$ 0%
Annual Total 485,899$ 670,759$
Month
2013 vs. 2012
Year to Date through July
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 149,137 161,546 150,284 1,147 1% (11,262) ‐7%
Jul 260,363 282,026 345,126 84,763 33% 63,100 22%
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 911,944$ 987,822$ 952,859$ 40,915$ 4% (34,963)$ ‐4%
Annual Total 1,494,165$ 1,618,486$
Recreation
Year to Date through July
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 275,112 276,153 287,569 12,457 5% 11,417 4%
Jul 217,828 276,153 282,466 64,638 30% 6,314 2%
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 1,781,164$ 1,933,068$ 2,034,531$ 253,367$ 14% 101,463$ 5%
Annual Total 3,311,715$ 3,313,830$
2013 vs. Budget
Month
Interfund Services
Year to Date through July
2013 vs. 2012
Page 7 of 38
Monthly Financial Report July 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 $1.8 million. This is $68k or 4%
lower than a year ago and is also $62k or
3% below the budget. The City is projecting
fines and penalties to be slightly under the
budget at year‐end.
Year to Date through July
2012 2013 2013
Actual Budget Actual $ % $ %
Civil Penalties 4,935$ 8,226$ 4,616$ (319)$ ‐6% (3,610)$ ‐44%
Civil Infraction Penalties 324,693 315,840 337,881 13,188 4% 22,041 7%
Civil Parking Infraction Penalties 79,784 90,275 90,031 10,247 13% (244) 0%
Photo Enforcement Program 1,279,871 1,262,901 1,174,581 (105,290) ‐8% (88,320) ‐7%
Criminal Traffic Misdemeanor Fines 48,877 56,360 56,678 7,801 16% 318 1%
Criminal Non‐Traffic Fines 12,952 23,663 23,334 10,382 80% (329) ‐1%
Criminal Costs 69,283 65,333 70,047 764 1% 4,714 7%
Seizure Funds ‐ Federal/State/Local 1 25,614 ‐ ‐ (25,614) 0%‐ N/A
Non‐Court Fines, Forfeitures and Penalties 628 18,224 21,207 20,580 3280% 2,983 16%
YTD Total 1,846,637$ 1,840,824$ 1,778,375$ (68,262)$ ‐4% (62,448)$ ‐3%
Annual Total 3,060,389$ 3,058,500$
1Seizure 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
$1.2 million. 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 budget shortfall starting in June is
due to temporary shutting down cameras in
construction areas. These revenues should pick up
after construction is near completion.
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 318,091 312,586 269,334 (48,758) ‐15% (43,252) ‐14%
Jul 274,243 277,336 236,571 (37,672) ‐14% (40,765) ‐15%
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 1,846,637$ 1,840,824$ 1,778,375$ (68,262)$ ‐4% (62,448)$ ‐3%
Annual Total 3,060,389$ 3,058,500$
Month
2013 vs. Budget2013 vs. 2012
Year to Date through July
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 218,587 161,729 74,570 56,521 105,208
Jul 186,121 151,808 74,882 56,398 95,411
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 1,262,901$ 1,174,581$ 518,442$ 414,189$ 760,392$
Annual Total 1,950,000$ 841,964$
1Actuals of Revenues and Expenses
Expenses
Photo Enforcement Program
Year to Date through July
Month
Revenues
Page 8 of 38
Monthly Financial Report July 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 68% of the total
revenue in this category. The year‐to‐date
total miscellaneous is $867k. Compared to
last year, the revenues are above by $23k or
3%. Compared to the projected year‐to‐date
budget, the revenues are over by $41k or 5%.
The table below breaks out miscellaneous
revenues by type:
2012 2013 2013
Actual Budget Actual $ % $ %
Interests and Other Earnings 59,508$ 129,522$ 61,350$ 1,842$ 3% (68,172)$ ‐53%
Rents, Leases, and Concessions 529,399 419,005 527,965 (1,434) 0% 108,961 26%
Contributions/Donations from Private Sources 71,324 53,515 52,867 (18,457) ‐26% (648) ‐1%
Other 183,688 101,909 190,579 6,890 4% 88,669 87%
Seizure Funds ‐ Federal/State/Local 1 ‐ 121,985 34,567 34,567 100% (87,419) ‐72%
YTD Total 843,920$ 825,936$ 867,327$ 23,408$ 3% 41,391$ 5%
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 July
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.
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 93,832 118,012 123,441 29,609 32% 5,429 5%
Jul 112,316 97,424 128,246 15,930 14% 30,822 32%
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 843,920$ 825,936$ 867,327$ 23,408$ 3% 41,391$ 5%
Annual Total 1,630,922$ 1,861,022$
Year to Date through July
Month
2013 vs. Budget2013 vs. 2012
Miscellaneous Revenues by Month
Page 9 of 38
Monthly Financial Report July 2013
EXPENSES
Overall the City has expended 53% of its budgeted general governmental expenditures at the end of July. This is $1.3
million or 2.2% 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 $351 or 0.2% due to overspending on salaries/benefits,
travel, training, meals and incidentals and under spending on supplies. We will monitor these items to determine if a
budget amendment is needed at year‐end.
Fire department is over the year‐to‐date budget by $120k or 0.8%. This is mainly due to overspending in overtime ($160k),
supplies ($247k), intergovernmental ($101k), and under spending on salaries and benefits ($91k), general professional
services ($68k) and capital ($192k). We will monitor these items to determine if a budget amendment is needed at year‐
end.
Page 10 of 38
Monthly Financial Report July 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 ‐ ‐ ‐ ‐ 32,955 26,093 ‐
Grants / intergovernmental 1,600,916 ‐ 104,987 355 85 672,687 ‐
Charges for services 70,504 1,164,303 9,262,198 8,913,211 5,435,040 5,304,034 8,823,165
Interdepartmental services ‐ ‐ ‐ ‐ ‐ ‐ ‐
Fines and penalties 4,277 ‐ ‐ ‐ 522 ‐ ‐
Rents, leases, and misc fees 1,348,527 210,088 44,376 75,814 ‐ ‐ ‐
Interest and other misc 4,816 1,436 7,070 181,722 379,354 185,149 3,053
TOTAL REVENUES 3,029,040 1,375,827 9,418,631 9,171,102 5,847,956 6,187,963 8,826,218
EXPENSES:
Utility billing ‐ ‐ 67,335 72,167 49,106 80,051 ‐
Utility systems ‐ ‐ 8,145,914 1,895,502 1,650,729 1,392,613 ‐
Utility maintenance ‐ ‐ 160,882 2,659,450 713,981 1,159,680 8,344,390
Transportation 863,247 ‐ ‐ ‐ ‐ ‐ ‐
Golf ‐ 1,055,000 ‐ ‐ ‐ ‐ ‐
TOTAL EXPENSES 863,247 1,055,000 8,374,131 4,627,119 2,413,816 2,632,344 8,344,390
AMOUNT AVAILABLE FOR DEBT SERVICE 2,165,793 320,827 1,044,500 4,543,983 3,434,140 3,555,619 481,828
DEBT SERVICE:
Principal ‐ ‐ ‐ 664,925 565,383 63,340 ‐
Interest ‐ ‐ ‐ 348,144 180,798 146,868 ‐
TOTAL DEBT SERVICE ‐ ‐ ‐ 1,013,069 746,181 210,208 ‐
CAPITAL PROJECTS 2,623,242 15,145 ‐ 3,540,532 1,255,729 1,432,908 ‐
TRANSFERS IN/(OUT)‐ ‐ ‐ 7,526 (3,763) (8,967) ‐
CHANGE IN FUND BALANCE (457,449) 305,682 1,044,500 (2,092) 1,428,467 1,903,536 481,828
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, Jul 31 1,885,475 845,496 2,568,381 9,844,216 4,625,201 7,918,010 2,227,715
Page 11 of 38
Monthly Financial Report July 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 Communications Insurance Healthcare Retiree
Healthcare
REVENUES:
Technology Fee ‐ 67,803 ‐ ‐ ‐ ‐ ‐
Grants / intergovernmental 83 ‐ ‐ ‐ ‐ ‐ 32,467
Charges for services
Equipment rental m&o 1,592,989 1,781,348 ‐ ‐ ‐ ‐ ‐
Print and mail ‐ 65,574 ‐ 233,738 ‐ ‐ ‐
Communications ‐ 4,260 ‐ 302,530 ‐ ‐ ‐
Facilities ‐ ‐ 2,495,925 ‐ ‐ ‐ ‐
Data cards and cell phones ‐ 81,909 ‐ ‐ ‐ ‐ ‐
IT service co ntracts ‐ 255,966 ‐ ‐ ‐ ‐ ‐
Interest and other misc 6,879 3,288 1,696 530 21,578 12,596 10,983
Internal service fund misc:
Vehicle / equipment capital recovery 827,850 99,161 ‐ ‐ ‐ ‐ ‐
Insurance premiums ‐ ‐ ‐ ‐ 928,667 ‐ ‐
Worker's comp/unemployment ‐ ‐ ‐ ‐ 915,649 ‐ ‐
Benefit premiums ‐ ‐ ‐ ‐ ‐ 5,031,612 995,980
Other misc 6,131 11,853 9,128 ‐ 227 65,278 ‐
Interfund Loan ‐ ‐ ‐ ‐ 136,852 ‐ ‐
Capital contributions ‐ ‐ ‐ ‐ ‐ ‐ ‐
Disposal of capital assets 91,261 ‐ ‐ ‐ ‐ ‐ ‐
Insurance recoveries 25,000 ‐ ‐ ‐ 65,117 5,651 ‐
TOTAL REVENUES 2,550,193 2,371,162 2,506,749 536,798 2,068,090 5,115,137 1,039,430
EXPENSES:
Communications 278,276
Equipment rental 1,308,557
Facilities 2,056,000
Healthcare 6,503,337
Information technology 1,743,165
Print and mail 217,356
Retiree healthcare 570,148
Risk management
Risk ma nagement 1,237,776
Unemployment 38,738
Worker's compensation 754,217
TOTAL EXPENSES 1,308,557 1,743,165 2,056,000 495,632 2,030,731 6,503,337 570,148
AMOUNT AVAILABLE FOR CAPITAL 1,241,636 627,997 450,749 41,166 37,359 (1,388,200) 469,282
CAPITAL PROJECTS 683,636 362,446 226,834 ‐ ‐ ‐ ‐
TRANSFERS IN 40,886 89,130 551 ‐ 2,000,000 ‐ ‐
TRANSFERS (OUT)‐ ‐ ‐ ‐ ‐ ‐ ‐
CHANGE IN FUND BALANCE 598,886 354,681 224,466 41,166 2,037,359 (1,388,200) 469,282
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, Jul 31 4,321,387 2,211,653 1,073,938 344,643 7,024,166 6,510,870 6,951,447
Page 12 of 38
Monthly Financial Report July 2013
FUND BALANCE
Page 14 shows the ending fund balance as of July 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 July, the City has $17.5 million reported in the combined general governmental fund balance of the current
year’s operating budget, which is approximately 17% of budgeted operating expenditures. This is an increase of $2 million
from the year’s beginning balance. July’s ending fund balance is over the anticipated General Governmental Fund Balance
of $14.6 million by $3 million or 20.5%. 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 July 2013
City of Renton
All Funds ‐ Revenue, Expenditures and Fund Balances
Cash Basis through July 31, 2013
Funds
Balance
01/01/2013
Budgeted
Revenue
Revenue
07/31/13
Total Funds
Available
Budgeted
Expenditure
Expenditure
07/31/13
Ending
Balance
GENERAL GOVERNMENT FUNDS:15,575,839 100,856,553 58,496,912 74,072,751 105,715,391 56,535,685 17,537,066
000 General 10,575,369 71,987,103 43,038,910 53,614,279 76,690,192 43,735,056 9,879,223
001 Community Services 1,891,966 11,328,945 6,307,111 8,199,077 11,325,011 5,987,101 2,211,976
003 Street 1,585,553 8,877,257 4,690,822 6,276,375 8,873,975 4,719,423 1,556,952
004 Community Dev Block Grant (13,145) 367,512 86,254 73,109 297,069 117,955 (44,846)
005 Museum 52,369 209,903 105,013 157,382 211,080 122,060 35,322
009 Farmers Market 90,520 59,400 30,987 121,507 80,414 27,459 94,048
011 Fire Health & Wellness 55,483 25,000 18,945 74,428 25,000 18,391 56,037
031 Park Memorial 178,367 ‐ 291 178,658 178,367 ‐ 178,658
201 Ltd GO Bonds Gen Govt Debt 829,784 1,749,305 876,654 1,706,438 1,749,305 134,500 1,571,938
215 Gen Govt Misc Debt Service 329,573 6,252,128 3,341,925 3,671,498 6,284,978 1,673,739 1,997,759
SPECIAL REVENUE FUNDS:
102 Arterial Street 168,514 643,000 349,957 518,471 600,000 ‐ 518,471
108 Leased City Properties 527,677 797,289 344,995 872,672 752,011 311,599 561,073
110 Hotel Motel 111,256 245,000 183,897 295,153 291,000 124,441 170,712
125 1% For Art 116,142 16,000 177 116,319 50,000 16,150 100,169
127 Cable Communication 257,372 85,674 79,141 336,513 85,674 37,503 299,010
135 Springbrook Wetlands Bank 665,828 ‐ 1,085 666,913 ‐ ‐ 666,913
CAPITAL PROJECT FUNDS (CIP):
303 Community Dev Mitigation 1,540,154 60,000 50,849 1,591,003 700,000 ‐ 1,591,003
304 Fire Mitigation 797,417 25,000 53,734 851,151 250,000 ‐ 851,151
305 Transportation Mitigation 292,627 40,000 157,624 450,251 100,000 ‐ 450,251
316 Municipal Facilities CIP 3,474,517 4,361,912 1,687,699 5,162,216 7,735,752 998,793 4,163,423
317 Transportation CIP (391,159) 34,020,559 16,564,964 16,173,805 33,608,158 12,992,532 3,181,273
318 So Lake WA Infrastructure Proj 52,073 44,874 44,903 96,976 96,947 86,053 10,923
326 Housing Opportunity 84,359 ‐ 147 84,506 75,000 ‐ 84,506
336 New Library Development 19,143,344 1,830,836 30,917 19,174,261 20,974,180 353,252 18,821,009
ENTERPRISE FUNDS:
402 Airport 331,939 1,264,418 1,424,607 1,756,546 1,432,346 863,247 893,299
403 Solid Waste Utility 1,523,881 15,700,852 9,418,631 10,942,512 16,177,073 8,374,130 2,568,382
404 Golf Course 291,978 2,453,669 1,375,404 1,667,382 2,476,366 1,086,722 580,660
422 Airport Capital 2,010,985 15,668,122 1,604,433 3,615,418 17,650,611 2,623,242 992,176
424 Golf Course Capital 247,836 50,000 29,587 277,423 156,482 12,587 264,836
INTERNAL SERVICE FUNDS:
501 Equipment Repair/Replacement 3,722,501 4,261,224 2,591,079 6,313,580 4,295,028 1,992,193 4,321,387
502 Insurance 4,986,807 5,713,764 4,068,090 9,054,897 3,060,718 2,030,730 7,024,167
503 Information Services 1,856,972 4,188,823 2,460,292 4,317,264 5,326,336 2,105,611 2,211,653
504 Facilities 849,472 4,276,112 2,507,300 3,356,772 4,468,879 2,282,834 1,073,938
505 Communications 303,477 877,773 536,798 840,275 893,249 495,633 344,642
512 Insurance, Healthcare 7,899,070 9,329,364 5,115,136 13,014,206 10,904,461 6,503,337 6,510,869
522 Insurance, Leoff1 Retirees HC 6,482,165 1,735,684 1,039,429 7,521,594 1,737,782 570,148 6,951,446
FIDUCIARY FUNDS:
611 Firemen's Pension 4,556,003 300,000 132,490 4,688,493 240,475 116,092 4,572,401
Funds
Balance
01/01/2013
Budgeted
Revenue
Revenue
07/31/13
Total Funds
Available
Budgeted
Expenditure
Expenditure
07/31/13
Ending
Balance
ENTERPRISE FUNDS: COMBINED UTILITIES 20,803,403 57,384,364 30,040,763 50,844,166 60,603,334 26,229,026 24,615,140
405 Water Utility 5,449,029 13,402,096 8,116,498 13,565,527 11,034,019 5,668,957 7,896,570
406 Waste Water Utility 1,363,629 6,758,645 5,150,451 6,514,080 5,505,490 3,163,760 3,350,320
407 Surface Water Utility 2,269,771 7,963,326 5,160,379 7,430,150 6,180,122 2,851,519 4,578,631
416 King County Metro 1,745,887 15,126,703 8,826,218 10,572,105 15,126,703 8,344,390 2,227,715
425 Water Utility Construction 4,381,380 3,746,643 1,062,103 5,443,483 8,007,000 3,511,763 1,931,720
426 Waste Water Construction 1,833,105 3,300,000 697,505 2,530,610 4,870,000 1,255,729 1,274,881
427 Surface Water Construction 3,744,703 7,086,951 1,027,583 4,772,286 9,880,000 1,432,908 3,339,378
471 Waterworks Rate Stabilization 15,899 ‐ 26 15,925 ‐ ‐ 15,925
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 52,007,692 48,473,829 3,533,864 19,109,703
July 58,496,912 56,535,685 1,961,227 17,537,066
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 16,972,577 17,392,180 2.47%
Apr 31,221,737 33,559,062 7.49%
May 45,394,931 46,893,848 3.30%
Jun 50,435,468 52,007,692 3.12%
Jul 56,791,848 58,496,912 3.00%
Aug 61,471,883
Sep 66,576,722
Oct 80,163,189
Nov 93,779,759
Dec 100,856,553
Percent of budget 58.00%
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 16,854,032 1.93%
Jul 16,753,008 16,954,079 1.20%
Aug 16,766,628
Sep 17,182,454
Oct 24,590,798
Nov 31,416,250
Dec 31,741,366
Percent of budget 53.41%
$‐
$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 11,088,148 7.58%
Jul 11,940,419 12,931,683 8.30%
Aug 13,708,668
Sep 15,384,395
Oct 17,162,223
Nov 18,978,733
Dec 20,723,680
Percent of budget 62.40%
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 8,007,252 ‐5.09%
Jul 9,806,416 9,266,965 ‐5.50%
Aug 10,986,762
Sep 12,319,071
Oct 13,472,609
Nov 14,686,250
Dec 16,250,662
Percent of budget 57.03%
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 1,596,317 30.10%
Jul 1,538,622 1,891,884 22.96%
Aug 1,830,518
Sep 1,987,449
Oct 2,371,160
Nov 2,574,250
Dec 2,863,828
Percent of budget 66.06%
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 1,788,440 15.93%
Apr 2,351,298 2,655,993 12.96%
May 4,754,215 5,073,346 6.71%
Jun 5,285,497 5,575,129 5.48%
Jul 6,058,460 6,438,925 6.28%
Aug 6,153,984
Sep 6,619,816
Oct 7,851,033
Nov 10,287,838
Dec 10,978,531
Percent of budget 58.65%
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 1,781,982 9.02%
Apr 2,236,225 2,466,853 10.31%
May 2,803,832 3,095,181 10.39%
Jun 3,367,245 3,689,131 9.56%
Jul 4,115,660 4,509,314 9.56%
Aug 4,800,026
Sep 5,266,232
Oct 5,807,682
Nov 6,287,082
Dec 6,811,096
Percent of budget 66.21%
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 1,541,804 ‐1.39%
Jul 1,840,824 1,778,375 ‐3.39%
Aug 2,012,121
Sep 2,188,195
Oct 2,468,378
Nov 2,719,947
Dec 3,058,500
Percent of budget 58.15%
$‐
$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 2,903,455 ‐2.52%
Jul 3,905,284 3,837,944 ‐1.72%
Aug 4,255,988
Sep 4,566,014
Oct 5,297,857
Nov 5,592,217
Dec 6,313,000
Percent of budget 60.79%
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 728,512 739,082 1.45%
Jul 825,936 867,327 5.01%
Aug 949,941
Sep 1,055,111
Oct 1,133,371
Nov 1,191,991
Dec 1,861,022
Percent of budget 46.60%
$‐
$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 273 6,974 2454.48%
Apr 438 13,343 2946.36%
May 7,167 13,343 86.17%
Jun 7,177 13,343 85.91%
Jul 7,220 20,415 182.75%
Aug 7,248
Sep 7,985
Oct 8,079
Nov 45,201
Dec 254,868
Percent of budget 8.01%
$‐
$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 1,455,902 21.98%
Jul 1,358,006 1,719,709 26.63%
Aug 1,564,134
Sep 1,724,294
Oct 2,025,764
Nov 2,367,976
Dec 2,600,000
Percent of budget 66.14%
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 1,912,104 48.41%
Jul 1,565,806 2,229,200 42.37%
Aug 1,911,238
Sep 2,081,035
Oct 2,463,407
Nov 2,724,319
Dec 3,123,413
Percent of budget 71.37%
$‐
$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 7,461,372 7,563,322 1.37%
Feb 16,256,435 15,996,818 ‐1.60%
Mar 23,767,229 23,413,342 ‐1.49%
Apr 32,100,947 31,631,530 ‐1.46%
May 40,741,313 39,883,684 ‐2.11%
Jun 49,542,805 48,473,829 ‐2.16%
Jul 57,810,812 56,535,685 ‐2.21%
Aug 70,060,193
Sep 78,853,287
Oct 87,531,438
Nov 96,164,529
Dec 105,715,391
Percent of budget expended 53.48%
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 144,309 145,113 0.56%
Jul 168,859 169,210 0.21%
Aug 192,896
Sep 217,082
Oct 241,441
Nov 265,573
Dec 290,291
Percent of budget expended 58.29%
$‐
$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 623,960 614,036 ‐1.59%
Jul 735,658 718,411 ‐2.34%
Aug 847,425
Sep 953,811
Oct 1,064,489
Nov 1,170,013
Dec 1,322,364
Percent of budget expended 54.33%
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 8,966 ‐57.45%
Jul 23,545 9,242 ‐60.75%
Aug 27,015
Sep 29,700
Oct 31,542
Nov 36,403
Dec 40,000
Percent of budget expended 23.10%
$‐
$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 947,880 872,824 ‐7.92%
Jul 1,105,337 1,013,090 ‐8.35%
Aug 1,263,381
Sep 1,421,095
Oct 1,593,003
Nov 1,749,576
Dec 1,915,103
Percent of budget expended 52.90%
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 1,016,165 978,124 ‐3.74%
Jul 1,185,948 1,141,510 ‐3.75%
Aug 1,354,731
Sep 1,519,505
Oct 1,684,389
Nov 1,852,716
Dec 2,026,149
Percent of budget expended 56.34%
$‐
$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 513,272 514,481 0.24%
Jul 597,689 600,318 0.44%
Aug 682,197
Sep 766,581
Oct 850,349
Nov 934,318
Dec 1,020,208
Percent of budget expended 58.84%
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 267,446 272,362 1.84%
Feb 540,517 515,474 ‐4.63%
Mar 813,155 768,135 ‐5.54%
Apr 1,086,172 1,060,776 ‐2.34%
May 1,379,682 1,319,207 ‐4.38%
Jun 1,645,056 1,589,997 ‐3.35%
Jul 1,929,849 1,867,544 ‐3.23%
Aug 2,201,921
Sep 2,488,019
Oct 2,780,951
Nov 3,065,780
Dec 3,358,299
Percent of budget expended 55.61%
$‐
$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 290,316 211,913 ‐27.01%
Jul 339,634 254,764 ‐24.99%
Aug 384,572
Sep 428,840
Oct 472,869
Nov 524,583
Dec 570,280
Percent of budget expended 44.67%
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 748,996 728,944 ‐2.68%
Jul 870,176 856,640 ‐1.56%
Aug 1,024,050
Sep 1,159,558
Oct 1,279,389
Nov 1,405,692
Dec 1,541,592
Percent of budget expended 55.57%
$‐
$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 991,610 942,750 ‐4.93%
Jul 1,157,861 1,123,823 ‐2.94%
Aug 1,335,063
Sep 1,499,653
Oct 1,643,469
Nov 1,786,254
Dec 2,242,682
Percent of budget expended 50.11%
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 484,479 627,223 29.46%
Jul 688,755 683,021 ‐0.83%
Aug 762,679
Sep 835,208
Oct 907,934
Nov 981,746
Dec 1,061,505
Percent of budget expended 64.34%
$‐
$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 469,447 439,470 ‐6.39%
Jul 552,148 510,868 ‐7.48%
Aug 635,001
Sep 713,975
Oct 797,946
Nov 885,037
Dec 977,094
Percent of budget expended 52.28%
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 2,428,964 2,521,995 3.83%
Feb 4,822,823 4,737,466 ‐1.77%
Mar 7,238,322 7,196,803 ‐0.57%
Apr 9,709,330 9,460,145 ‐2.57%
May 11,923,689 11,645,035 ‐2.34%
Jun 14,548,208 14,265,277 ‐1.94%
Jul 17,149,272 16,827,604 ‐1.88%
Aug 19,353,511
Sep 21,761,108
Oct 24,138,751
Nov 26,546,714
Dec 29,129,201
Percent of budget expended 57.77%
$‐
$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 1,889,418 2,045,002 8.23%
Feb 4,533,817 4,729,656 4.32%
Mar 6,447,897 6,673,347 3.50%
Apr 8,338,322 8,636,731 3.58%
May 10,511,037 10,518,427 0.07%
Jun 12,419,816 12,459,420 0.32%
Jul 14,337,761 14,457,407 0.83%
Aug 16,384,640
Sep 18,359,431
Oct 20,275,751
Nov 22,207,188
Dec 24,197,056
Percent of budget expended 59.75%
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 222,528 225,313 1.25%
Jul 259,410 262,830 1.32%
Aug 295,998
Sep 332,176
Oct 367,946
Nov 405,451
Dec 450,911
Percent of budget expended 58.29%
$‐
$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 1,862,252 ‐1.72%
Jul 2,261,158 2,236,956 ‐1.07%
Aug 2,638,492
Sep 3,030,537
Oct 3,420,829
Nov 3,789,095
Dec 4,153,621
Percent of budget expended 53.86%
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
$1 00
Millions Parks Planning and Natural Resources
Resources Budget Actual over (under)
Jan 58,219 42,639 ‐26.76%
Feb 117,758 88,359 ‐24.97%
Mar 193,484 142,461 ‐26.37%
Apr 264,742 196,871 ‐25.64%
May 353,686 258,947 ‐26.79%
Jun 439,691 310,633 ‐29.35%
Jul 513,977 370,751 ‐27.87%
Aug 589,503
Sep 673,988
Oct 766,574
Nov 852,923
Dec 934,005
Percent of budget expended 39.69%
$‐
$0.10
$0.20
$0.30
$0.40
$0.50
$0.60
$0.70
$0.80
$0.90
$1.00
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 2,075,334 ‐5.48%
Jul 2,787,526 2,696,025 ‐3.28%
Aug 3,446,454
Sep 3,960,958
Oct 4,343,623
Nov 4,714,526
Dec 5,130,300
Percent of budget expended 52.55%
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 542,375 496,606 ‐8.44%
Jul 674,923 628,351 ‐6.90%
Aug 744,460
Sep 805,315
Oct 959,873
Nov 1,030,967
Dec 1,196,052
Percent of budget expended 52.54%
$‐
$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 378,699 362,006 ‐4.41%
Jul 470,110 447,998 ‐4.70%
Aug 555,842
Sep 632,165
Oct 703,188
Nov 803,370
Dec 914,955
Percent of budget expended 48.96%
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 ‐ ‐ N/A
Jul ‐ ‐ N/A
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 105,057 104,728 ‐0.31%
Jul 122,568 122,060 ‐0.41%
Aug 140,200
Sep 158,058
Oct 175,778
Nov 193,585
Dec 211,080
Percent of budget expended 57.83%
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 241,508 237,314 ‐1.74%
Jul 281,724 269,323 ‐4.40%
Aug 322,247
Sep 363,226
Oct 402,909
Nov 442,662
Dec 483,035
Percent of budget expended 55.76%
$‐
$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 1,924,036 ‐9.61%
Jul 2,485,951 2,229,390 ‐10.32%
Aug 2,826,956
Sep 3,174,309
Oct 3,531,791
Nov 3,898,668
Dec 4,294,894
Percent of budget expended 51.91%
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 299,590 311,908 4.11%
Feb 677,729 670,659 ‐1.04%
Mar 1,055,244 1,074,529 1.83%
Apr 1,434,200 1,512,690 5.47%
May 1,803,617 1,819,302 0.87%
Jun 2,165,731 2,113,464 ‐2.41%
Jul 2,562,459 2,490,033 ‐2.83%
Aug 2,933,871
Sep 3,312,264
Oct 3,700,291
Nov 4,085,694
Dec 4,579,081
Percent of budget expended 54.38%
$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 1,776,589 1,776,589 0.00%
Jul 1,808,239 1,808,239 0.00%
Aug 5,356,189
Sep 6,025,712
Oct 6,695,236
Nov 7,364,759
Dec 8,034,283
Percent of budget expended 22.51%
Non‐
Departmental YTD Annual % $6 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 2,587,016 2,587,016 0.00%
Jul 2,740,276 2,740,276 0.00%
Aug 3,760,900
Sep 4,231,013
Oct 4,701,125
Nov 5,171,238
Dec 5,641,350
Percent of budget expended 48.57%
$‐
$0.50
$1.00
$1.50
$2.00
$2.50
$3.00
$3.50
$4.00
$4.50
$5.00
$5.50
$6.00 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 33,144,751 28,759,364
Jul 35,053,685 39,459,369 34,603,156
Aug 40,236,656
Sep 45,248,315
Oct 51,131,985
Nov 56,094,010
Dec 76,780,407
Percent of budget expended 48.22%
Note: Operations and Capital
$0
$10
$20
$30
$40
$50
$60
$70
$80
$90
Millions Utilities
Budget
Revenue
Expense
$25 00
Millions Airport
Airport Budget Revenue Expense
Jan 952,240 197,380 132,655
Feb 2,122,025 816,583 272,568
Mar 3,125,407 1,033,561 551,940
Apr 4,353,586 1,326,892 679,773
May 5,959,035 1,542,344 1,344,469
Jun 8,128,195 2,240,528 2,131,340
Jul 9,129,859 3,029,040 3,486,489
Aug 10,602,682
Sep 11,598,621
Oct 13,711,677
Nov 14,718,494
Dec 19,082,957
Percent of budget expended 18.27%
Note: Operations and Capital
$‐
$5.00
$10.00
$15.00
$20.00
$25.00
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 1,010,936 914,581
Jul 1,331,819 1,404,992 1,099,310
Aug 1,513,051
Sep 1,688,936
Oct 1,864,635
Nov 2,024,142
Dec 2,632,848
Percent of budget expended 41.75%
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