HomeMy WebLinkAbout201311, November.pdfADMINISTRATIVE SERVICES
DEPARTMENT
M E M O R A N D U M
DATE: January 2, 2014
TO: Don Persson, Council President
Members of the Renton City Council
CC: Denis Law, Mayor
Administrators
FROM: Hai Nguyen, Sr. Finance Analyst
SUBJECT: November 2013 Financial Status Report
At the end of November, general governmental revenues show $3.9 million or 4.1% over
budget. Revenues sources that are higher than expected are: property tax ($626k); sales tax
($1.7 million); sales tax annexation credit ($284k); real estate excise tax ($279k); building
permits & development service fees ($932k); state shared revenues ($412k); public safety
services ($295k); interfund services ($263k); rents, leases, and concessions ($113k); and other
miscellaneous ($183k). On the down side, the revenue sources that are underperforming the
year to date budget are: utility taxes ($388k below); gambling taxes ($287k below);
culture/recreation services ($121k below); fines/penalties ($234k below); seizure funds ($110k
below, restricted to drug enforcement only and is not available for general operating purposes)
and interest ($100k below).
General government expenditures showed a favorable variance of $2 million or 2.3%. See page
9 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
Property Tax 32,357,894 32,078,777 33,466,364 33,101,164 31,741,366 31,416,250 32,042,618 626,368 2.0%
Sales Tax 17,729,731 16,305,899 18,564,670 16,939,390 18,604,000 17,044,107 18,730,304 1,686,197 9.9%
Sales Tax ‐ Annexation Credit 2,033,954 1,864,549 2,208,492 2,015,685 2,119,680 1,934,626 2,218,819 284,192 14.7%
Criminal Justice Sales Tax 1,809,757 1,664,620 1,924,470 1,759,137 1,932,500 1,766,478 1,911,568 145,090 8.2%
Natural Gas Use Tax 249,407 233,040 272,530 271,414 300,000 280,313 242,545 (37,767) ‐13.5%
Admission Tax 308,200 308,200 311,054 309,809 308,000 306,768 327,109 20,341 6.6%
Franchise Fees 1,234,448 1,187,337 1,262,188 1,213,993 1,260,000 1,211,889 1,264,244 52,355 4.3%
Electricity Tax 5,166,711 4,658,706 5,211,111 4,750,540 5,468,000 4,984,724 4,721,058 (263,666) ‐5.3%
Natural Gas Utility Tax 1,848,806 1,637,345 1,669,967 1,504,821 1,656,000 1,492,235 1,382,487 (109,749) ‐7.4%
Transfer Station 297,474 274,190 330,607 295,244 300,000 267,911 369,785 101,875 38.0%
TV Cable 1,385,275 1,265,493 1,423,664 1,297,488 1,477,648 1,346,688 1,352,005 5,317 0.4%
Telephone 966,827 896,516 1,056,420 868,430 1,000,000 822,051 813,888 (8,163) ‐1.0%
Cellular Phone 2,054,183 1,930,887 2,183,853 1,953,175 2,200,000 1,967,617 1,780,338 (187,279) ‐9.5%
City Utilities 3,516,179 3,227,799 3,806,281 3,485,580 3,849,014 3,524,712 3,635,803 111,091 3.2%
Leasehold Excise Tax 162,593 123,748 158,849 120,295 145,000 109,807 124,288 14,481 13.2%
Gambling Excise Tax 1,671,414 1,500,517 1,691,209 1,538,190 1,600,000 1,455,233 1,168,258 (286,975) ‐19.7%
Real Estate Excise Tax 2,074,059 1,908,728 2,811,902 2,560,980 2,600,000 2,604,852 2,883,394 278,541 10.7%
Less: Municipal Facilities CIP REET (400,000) (340,844) (943,792) (737,047) (500,000) (554,513) (554,513) ‐ 0.0%
EMS Levy 868,873 727,762 885,781 442,891 900,000 687,271 687,271 ‐ 0.0%
Business License Fees 442,451 447,230 444,680 441,308 533,067 529,025 499,555 (29,470) ‐5.6%
Animal Licenses and Spec Events Permits 232,534 186,886 242,668 215,074 90,000 85,657 92,664 7,006 8.2%
Building Permits & Development Svc Fees 2,772,779 2,556,370 3,401,537 2,991,129 3,123,413 2,722,293 3,654,661 932,368 34.2%
Intergovt'l (Grants, State Shared, etc) 4,737,323 3,828,783 4,593,185 4,192,210 3,471,505 3,252,159 3,518,583 266,424 8.2%
Fire District 25 and 40 Contracts 6,110,668 5,982,201 6,155,621 6,002,346 5,865,056 5,648,511 5,648,511 ‐ 0.0%
Public Safety 484,985 438,838 485,899 424,291 380,229 332,019 627,295 295,276 88.9%
Culture and Recreation 1,493,540 1,444,650 1,494,165 1,433,697 1,618,486 1,552,988 1,431,570 (121,418) ‐7.8%
Interfund/Interdept‐Services 3,070,506 2,761,852 3,311,715 3,015,630 3,313,830 3,037,678 3,300,723 263,045 8.7%
Fines and Penalties 1,163,602 985,088 1,046,246 893,172 1,108,500 948,229 976,576 28,347 3.0%
Photo Enforcement 1,897,782 1,716,724 1,976,203 1,795,525 1,950,000 1,771,718 1,509,300 (262,418) ‐14.8%
Seizure Funds ‐ Federal/State/Local 83,220 83,220 37,941 31,767 180,693 151,290 40,876 (110,414) ‐73.0%
Interests and Other Earnings 107,183 95,267 342,424 91,439 745,300 199,020 98,597 (100,423) ‐50.5%
Rents, Leases, and Concessions 744,834 685,910 822,428 748,979 650,929 592,796 706,234 113,438 19.1%
Contributions and Donations 196,586 181,939 124,082 120,735 93,100 90,589 80,715 (9,873) ‐10.9%
Other Miscellaneous 529,147 426,864 564,571 476,459 516,369 444,812 627,855 183,043 41.2%
Other Financing Sources (Transfer‐In, etc) 1,073,507 699,192 5,118,188 907,701 254,868 45,201 24,292 (20,909) ‐46.3%
Total Operating Revenues 100,476,431 93,974,281 108,457,170 97,472,642 100,856,553 94,073,001 97,939,274 3,866,273 4.1%
OPERATING EXPENDITURES
Council 271,236 248,619 278,768 254,552 290,291 265,573 263,960 1,613 0.6%
Executive 1,566,906 1,373,408 1,377,109 1,231,423 1,322,364 1,170,013 1,121,750 48,263 4.1%
City Attorney 1,596,609 1,454,358 1,706,320 1,563,092 1,915,103 1,749,576 1,604,675 144,901 8.3%
Court Services 2,084,170 1,901,814 2,074,980 1,901,324 2,026,149 1,852,716 1,793,783 58,933 3.2%
Community and Eco Dvlpmnt Admin 929,814 852,682 942,071 861,611 1,020,208 934,318 943,428 (9,110) ‐1.0%
Development Services 2,810,736 2,575,597 3,103,568 2,823,550 3,358,299 3,065,780 2,973,668 92,112 3.0%
Economic Development 659,981 603,589 529,043 490,160 570,280 524,583 412,147 112,437 21.4%
Planning 1,447,781 1,324,065 1,482,233 1,347,651 1,541,592 1,405,692 1,382,280 23,412 1.7%
Finance 2,134,667 1,701,582 2,221,882 1,768,328 2,242,682 1,786,254 1,799,155 (12,901) ‐0.7%
City Clerk1 796,758 737,553 997,434 920,050 1,101,505 1,017,649 955,952 61,698 6.1%
Human Resources 888,252 803,493 937,412 850,165 977,094 885,037 815,257 69,780 7.9%
Police 24,737,346 22,471,849 25,004,580 22,821,018 25,379,201 23,109,214 22,831,367 277,846 1.2%
Jail Services 6,206,735 3,950,206 3,489,616 3,196,779 3,750,000 3,496,206 3,496,206 ‐ 0.0%
Fire 22,511,597 20,660,951 24,173,315 22,184,782 24,197,056 22,207,188 22,411,736 (204,549) ‐0.9%
Community Services Admin 416,284 376,608 434,558 388,455 450,911 405,451 414,255 (8,804) ‐2.2%
Parks 3,829,676 3,513,912 4,004,054 3,632,323 4,153,621 3,789,095 3,703,721 85,373 2.3%
Parks Planning & Natural Resources 551,423 510,697 577,934 520,618 934,005 852,923 601,585 251,338 29.5%
Recreation 4,974,002 4,581,590 4,982,229 4,567,758 5,130,300 4,714,526 4,472,957 241,568 5.1%
Human Services 1,247,294 1,084,769 1,193,871 1,019,454 1,196,052 1,030,967 962,149 68,817 6.7%
Neighborhoods, Resources, & Events 675,534 575,306 701,673 633,941 914,955 803,370 703,994 99,376 12.4%
Library 2,030,000 2,027,619 278,604 276,106 ‐ ‐ ‐ ‐ 0.0%
Museum 210,620 192,989 216,887 199,085 211,080 193,585 192,315 1,270 0.7%
Public Works Admin 452,538 414,834 470,051 430,641 483,035 442,662 395,530 47,132 10.6%
Street Maintenance 3,534,025 3,248,591 3,755,640 3,368,565 4,294,894 3,898,668 3,497,441 401,227 10.3%
Transportation 4,509,066 4,054,370 4,615,160 4,086,739 4,579,081 4,085,694 3,894,267 191,426 4.7%
Debt Service 4,822,566 1,556,640 9,752,337 2,747,599 8,034,283 3,562,890 3,562,890 ‐ 0.0%
Non‐Departmental and Other 4,930,383 4,673,927 4,637,555 2,705,438 5,641,350 3,530,675 3,530,675 ‐ 0.0%
Total Operating Expenditures 100,825,999 87,471,619 103,938,882 86,791,207 105,715,391 90,780,304 88,737,144 2,043,160 2.3%
Total Ending Fund Balance 11,057,551$ 17,909,782$ 15,575,840$ 21,738,986$ 10,717,001$ 18,868,536$ 24,777,969$ 5,909,433$ 31.3%
1Hearing Examiner is reported under City Clerk
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 November 2013
Page 1 of 37
Monthly Financial Report November 2013
OVERVIEW
This financial overview reflects the City’s overall financial position for the fiscal year through November 30, 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 75% of
all resources supporting general governmental activities. The following section provides detail information on property,
sales, utility, and other taxes.
Property Tax
November’s collection is $4.3 million,
making the total year‐to‐date collection
$32 million or 100.9% of the total budget.
In comparison to the previous year, the
City collected $1.1 million or 3% less.
Compared to the budget, the City is
above projections by $626k 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 has
exceeded the current budget. We
adjusted the budget in December to
reflect updated projections.
Sales Tax
November 2013 sales tax receipts totalled
$1.8 million. Compared with the same
month last year, it is $94k or 5% more.
Compared to the projected current
month’s budget, it is $181k or 11% above.
The year‐to‐date collection of $18.7
million is $1.8 million or 11% more than
the prior year and is also $1.7 million or
10% 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 $642k of the
budget variance. Another item is a 1‐
time audit correction in the
manufacturing sector for 2012 that
reduced activity in 2012 by $131k. If we remove all of these items, we are $1 million or 6% over 2012 and $1 million or 6%
more than budget. We adjusted the budget in December to reflect updated projections.
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 58,101 109,245 ‐214% 44,482 327%
Sep 545,753 415,826 548,071 2,319 0% 132,245 32%
Oct 9,734,384 7,408,344 10,140,892 406,508 4% 2,732,549 37%
Nov 5,123,725 6,825,452 4,341,474 (782,251) ‐15% (2,483,978) ‐36%
Dec 365,200 325,116
YTD Total 33,101,164$ 31,416,250$ 32,042,618$ (1,058,547)$ ‐3% 626,368$ 2%
Annual Total 33,466,364$ 31,741,366$
Property Tax Revenues
Year to Date through November
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 1,833,347 249,443 16% 245,328 15%
Sep 1,472,566 1,508,206 1,741,262 268,697 18% 233,056 15%
Oct 1,660,941 1,588,803 1,790,411 129,470 8% 201,608 13%
Nov 1,709,049 1,622,090 1,802,768 93,719 5% 180,678 11%
Dec 1,625,280 1,559,893 ‐
YTD Total 16,939,390$ 17,044,107$ 18,730,304$ 1,790,913$ 11% 1,686,197$ 10%
Annual Total 18,564,670$ 18,604,000$
2013 vs. Budget2013 vs. 2012
Month
Year to Date through November
Local Retail Sales Tax Revenues
Page 2 of 37
Monthly Financial Report November 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 1,602,550$ 1,677,611$ 2,516,097$ 913,548$ 57%$ 838,487 50%
Auto Sales 3,098,992 3,092,502 3,460,810 361,819 12% 368,309 12%
General Retail 5,957,206 6,002,988 6,058,388 101,182 2% 55,400 1%
Manufacturing 951,888 943,268 1,152,420 200,532 21% 209,152 22%
Wholesale 1,062,528 1,072,952 1,032,149 (30,379) ‐3% (40,803)‐4%
Service 3,869,521 3,879,074 4,033,126 163,605 4% 154,052 4%
Other 396,706 375,713 477,313 80,607 20% 101,600 27%
YTD Total 16,939,390$ 17,044,107$ 18,730,304$ 1,790,913$ 11%1,686,197$ 10%
Note: Excludes Annexation Credit and Criminal Justice Sales Tax revenue.
Utility tax
November utility tax revenues are $1.2
million, which is $48k or 4% higher than
the same month last year and is also
ahead of the budget by $31k or 3%. The
year‐to‐date collection is $14.3 million,
which is $129k or 1% lower than the prior
year and is also $388k or 3% lower than
the budget. The City is projecting utility
tax revenues to be under budget at year‐
end. We adjusted the budget in
December to reflect updated projections.
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 therefore we are projecting a combined unfavorable variance of $329k 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 $245k or 8%).
Utility Tax by Type 2012 2013 Bgt YTD Act Change 2013/2012 2013 Act vs Bgt
Electrical 4,750,540$ 4,984,724$ 4,721,058$ (29,482)$ ‐1%$ (263,666)‐5%
Natural Gas 1,776,235 1,772,548 1,625,032 (151,203) ‐9% (147,516)‐8%
Cell 1,953,175 1,967,617 1,780,338 (172,837) ‐9% (187,279)‐10%
Phone 868,430 822,051 813,888 (54,543) ‐6% (8,163)‐1%
Cable 1,297,488 1,346,688 1,352,005 54,517 4% 5,317 0%
Transfer Station 295,244 267,911 369,785 74,542 25% 101,875 38%
City Utilities 3,485,580 3,524,712 3,635,803 150,223 4% 111,091 3%
YTD Total 14,426,692$ 14,686,250$ 14,297,910$ (128,783)$ ‐1%(388,341)$ ‐3%
Annual Total 15,954,432$ 16,250,662$
YTD as % of 90% 90%
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 1,280,207 126,484 11% 99,861 8%
Sep 1,301,158 1,332,309 1,433,293 132,136 10% 100,985 8%
Oct 1,126,772 1,153,538 1,072,773 (53,999) ‐5% (80,766) ‐7%
Nov 1,196,932 1,213,641 1,244,671 47,739 4% 31,030 3%
Dec 1,527,740 1,564,412
YTD Total 14,426,692$ 14,686,250$ 14,297,910$ (128,783)$ ‐1% (388,341)$ ‐3%
Annual Total 15,954,432$ 16,250,662$
2013 vs. Budget2013 vs. 2012
Year to Date through November
Utility Tax Revenues
Month
Page 3 of 37
Monthly Financial Report November 2013
Other Taxes
Real Estate Excise Tax
The City collected $343k in Real Estate
Excise Tax revenues (REET) for November.
This is $28k or 7% below the same month
last year but is $150k or 78% more than the
current month’s budget. The year‐to‐date
collection is $2.9 million, which is $322k or
13% more than the prior year and is also
$279k or 11% above the budget. The City
has met the budget for REET.
Gambling Tax
November’s Gambling Tax collections
totalled $115k, which is $62k or 35%
below the same month last year and is
also $53k or 32% below the current
month’s budget. The year‐to‐date
total of $1.2 million is $370k or 24%
below the year before and is also
$287k or 20% below budget. The
decline in revenue is mainly due to
payment plans with two (2)
establishments that will be paid in full
by March 2015. The City is also seeing
a decline in overall activity.
Pull tabs overall had a 4% decrease,
bingo decreased by 9%, 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 $1.3 million or 100% of the
budget. This is $50k or 4% higher than
the prior year and is also $52k or 4%
above the projected year‐to‐date
budget. The City has exceeded the
budget for Franchise Fees.
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 222,933 257,653 294,056 71,123 32% 36,403 14%
Sep 173,212 205,159 254,318 81,106 47% 49,160 24%
Oct 326,027 293,997 272,776 (53,251) ‐16% (21,221) ‐7%
Nov 370,123 192,446 342,535 (27,588) ‐7% 150,090 78%
Dec 250,922 (4,852)
YTD Total 2,560,980$ 2,604,852$ 2,883,394$ 322,414$ 13% 278,541$ 11%
Annual Total 2,811,902$ 2,600,000$
Real Estate Excise Tax Revenues
Year to Date through November
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 99,930 (46,596) ‐32% (38,694) ‐28%
Sep 162,540 153,774 116,204 (46,336) ‐29% (37,570) ‐24%
Oct 87,494 82,776 112,141 24,647 28% 29,365 35%
Nov 177,352 167,787 114,909 (62,443) ‐35% (52,878) ‐32%
Dec 153,019 144,767 ‐
YTD Total 1,538,190$ 1,455,233$ 1,168,258$ (369,932)$ ‐24% (286,975)$ ‐20%
Annual Total 1,691,209$ 1,600,000$
Year to Date through November
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 309,001 308,466 321,202 12,200 4% 12,736 4%
Dec 48,195 48,111 ‐
YTD Total 1,213,993$ 1,211,889$ 1,264,244$ 50,251$ 4% 52,355$ 4%
Annual Total 1,262,188$ 1,260,000$
Mo nth
2013 vs. 2012 2013 vs. Budget
Franchise Fees Revenue
Year to Date through November
Page 4 of 37
Monthly Financial Report November 2013
Admission Tax
Admission Tax returns are due
quarterly in January, April, July, and
October of each year. October 2013
collections represent activities
conducted during the 3rd quarter of
2013. The year‐to‐date collection of
$327k is $18k or 6% more than the
prior year and is also $21k or 7% more
than the budget. The City has
exceeded the budget for Admissions
Tax.
Licenses and Permits
Building Permits and Development Service
Fees
Building Permits and Development Service
Fee revenues totalled $393k in November.
The year‐to‐date development fees revenue
of $3.7 million is $751k or 26% more than
the year before and is also $932k or 34%
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 has exceeded the current budget for
Building Permits and Development Services
Fees. We adjusted the budget in December
to reflect updated projections.
Business Licenses
Business Licenses totalled $13k for November,
which is $858 or 7% above the same month last
year but is $2k or 11% below the current month’s
budget. The year‐to‐date Business Licenses
revenue of $500k is $58k or 13% above the prior
year but is $29k or 6% 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 under the
budget at year‐end.
2012 2013 2013
Actual Budget Actual $ % $ %
Jan 151,891$ 150,030$ 327,644$ 175,754$ 116% 177,614$ 118%
Feb 185,509 182,234 230,104 44,595 24% 47,870 26%
Mar 253,914 237,278 305,160 51,246 20% 67,882 29%
Apr 249,923 243,068 367,285 117,362 47% 124,217 51%
May 277,438 236,982 386,795 109,358 39% 149,814 63%
Jun 284,208 245,409 293,386 9,178 3% 47,977 20%
Jul 292,686 278,792 315,496 22,809 8% 36,703 13%
Aug 360,657 347,350 340,335 (20,322) ‐6% (7,014) ‐2%
Sep 174,587 154,690 254,869 80,281 46% 100,179 65%
Oct 400,995 384,228 440,279 39,284 10% 56,051 15%
Nov 271,519 262,232 393,308 121,789 45% 131,077 50%
Dec 406,375 401,120
YTD Total 2,903,327$ 2,722,293$ 3,654,661$ 751,334$ 26% 932,368$ 34%
Annual Total 3,309,702$ 3,123,413$
Building Permits and Development Service Fees
Year to Date through November
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 29,210 14,661 101% 11,769 67%
Sep 3,197 3,833 4,236 1,039 32% 403 11%
Oct 99,644 119,450 109,998 10,354 10% (9,452) ‐8%
Nov 12,484 14,965 13,342 858 7% (1,623) ‐11%
Dec 3,372 4,042 ‐
YTD Total 441,308$ 529,025$ 499,555$ 58,247$ 13% (29,470)$ ‐6%
Annual Total 444,680$ 533,067$
2013 vs. 2012
Year to Date through November
2013 vs. Budget
Business Licenses
Month
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%
Aug ‐ ‐ 76 76 100% 76 100%
Oct 74,001 73,275 85,616 11,615 16% 12,342 17%
Nov ‐ ‐ 1,192 1,192 100% 1,192 100%
Dec 1,244 1,232 ‐
YTD Total 309,809$ 306,768$ 327,109$ 18,233$ 6% 21,265$ 7%
Annual Total 311,054$ 308,000$
Month
2013 vs. 2012 2013 vs. Budget
Admission Tax Revenue
Year to Date through November
Page 5 of 37
Monthly Financial Report November 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 89% of
the total revenues in this
category. The year‐to‐date total Intergovernmental revenue is $11.1 million or 98% of the budget.
State Shared Revenues
State Shared Revenue collections
totalled $4.2 million since the start
of the year. Compared to the prior
year, State Shared Revenues are
below by $140k or 3%. Compared
to the projected budget, the City is
collecting $412k or 11% 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 69% of the total revenue in this category. The year‐to‐date total charges for services are $6.9 million or 105% of
the budget. This is 15% above budget projections. The following sections provide detail information for Public Safety,
Recreation, and Interfund Services.
2012 2013 2013
Actual Budget Actual $ % $ %
Crim Just Sales Tax 1,759,137$ 1,766,478$ 1,911,568$ 152,431$ 9% 145,090$ 8%
Judicial Contribution 22,632 22,500 22,796 164 1% 296 1%
Crim Just ‐ High Crime 196,270 ‐ 229,636 33,366 17% 229,636 100%
Crim Just ‐ Pop 20,976 ‐ 22,656 1,680 8% 22,656 100%
Crim Just ‐ Spec Prog 78,864 90,000 84,328 5,465 7% (5,672) ‐6%
State DUI 17,397 18,000 17,116 (281) ‐2% (884) ‐5%
Liquor Profits 717,552 494,451 635,103 (82,449) ‐11% 140,651 28%
Liquor Excise Tax 342,495 220,000 63,108 (279,387) ‐82% (156,892) ‐71%
Fuel Tax 1,178,999 1,171,410 1,208,042 29,044 2% 36,633 3%
YTD Total 4,334,322$ 3,782,839$ 4,194,353$ (139,968)$ ‐3% 411,515$ 11%
Annual Total 4,825,202$ 4,208,000$
Year to Date through November
State Shared Revenues
2013 vs. 2012
Revenue
2013 vs. Budget
Intergovernmental 2012 2013 Bgt YTD Act Change 2013/2012 2013 Act vs Bgt
Fire District #25 1,345,623$ 1,157,089$ 1,157,089$ (188,534)$ ‐14% $ ‐ 0%
Fire District #40 4,656,723 4,491,422 4,491,422 (165,301) ‐4%‐ 0%
State Shared Revenue 4,334,322 3,782,839 4,194,353 (139,968) ‐3% 411,515 11%
Federal Grants 959,359 1,022,468 1,022,468 63,108 7%‐ 0%
State Grants 140,439 63,711 63,711 (76,729) ‐55%‐ 0%
Other Grants/Intgovt 123,235 34,828 34,828 (88,407) ‐72%‐ 0%
ARRA Grants 393,992 114,792 114,792 (279,201) ‐71%‐ 0%
Total Rev YTD 11,953,693$ 10,667,148$ 11,078,662$ (875,031)$ ‐7%411,515$ 4%
Total Rev Annual 12,673,276$ 11,269,061$
YTD % 94% 95% 98%
Note: Includes CJ Sales Tax and FD25 & FD40 contracts
Page 6 of 37
Monthly Financial Report November 2013
Public Safety Services
Public Safety Services totalled $627k 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 $203k or 48% more. Compared to
the year‐to‐date budget, the City is $295k or
89% more. 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 $627k receipted for Public Safety Services, $147k is for
intergovernmental.
Recreation
Recreation revenues totalled $66k for the
current month. Compared to the same month
the prior year, the City collected almost the
same amount. Compared to the projected
monthly budget, the City collected $6k or 8%
less. 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 $242k in
the Recreation Division of the Community
Services Department.
Interfund Services
The year‐to‐date collections for Interfund
Services revenues are $3.3 million. Compared
to the prior year, the revenues are over by
$285k or 9%. Compared to the projected
budget, the revenues are above by $263k or
9%. 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. We
adjusted the budget in December to reflect updated projections.
2012 2013 2013
Actual Budget Actual $ % $ %
Jan 15,229$ 11,917$ 32,322$ 17,093$ 112% 20,405$ 171%
Feb 34,848 27,269 117,056 82,208 236% 89,787 329%
Mar 35,353 27,665 37,079 1,726 5% 9,414 34%
Apr 68,426 53,545 64,009 (4,418) ‐6% 10,463 20%
May 42,979 33,632 47,985 5,007 12% 14,353 43%
Jun 31,486 24,639 36,945 5,459 17% 12,306 50%
Jul 54,883 42,948 69,340 14,457 26% 26,393 61%
Aug 34,742 27,187 42,753 8,010 23% 15,566 57%
Sep 36,019 28,186 48,986 12,967 36% 20,800 74%
Oct 37,300 29,188 81,116 43,817 117% 51,928 178%
Nov 33,025 25,843 49,703 16,678 51% 23,860 92%
Dec 61,608 48,210 ‐
YTD Total 424,291$ 332,019$ 627,295$ 203,004$ 48% 295,276$ 89%
Annual Total 485,899$ 380,229$
Month
2013 vs. 2012
Year to Date through November
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 262,038 283,841 205,821 (56,217) ‐21% (78,020) ‐27%
Sep 107,879 116,855 123,550 15,670 15% 6,694 6%
Oct 85,973 93,126 83,685 (2,288) ‐3% (9,441) ‐10%
Nov 65,863 71,343 65,656 (207) 0% (5,687) ‐8%
Dec 60,467 65,498 ‐
YTD Total 1,433,697$ 1,552,988$ 1,431,570$ (2,127)$ 0% (121,418)$ ‐8%
Annual Total 1,494,165$ 1,618,486$
Recreation
Year to Date through November
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 345,690 276,153 352,945 7,255 2% 76,793 28%
Sep 273,570 276,153 274,525 955 0% (1,628) ‐1%
Oct 338,304 276,153 352,421 14,117 4% 76,269 28%
Nov 276,902 276,153 286,300 9,398 3% 10,148 4%
Dec 296,085 276,153 ‐
YTD Total 3,015,630$ 3,037,678$ 3,300,723$ 285,092$ 9% 263,045$ 9%
Annual Total 3,311,715$ 3,313,830$
2013 vs. Budget
Month
Interfund Services
Year to Date through November
2013 vs. 2012
Page 7 of 37
Monthly Financial Report November 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 $2.5 million. This is $235k or 9%
lower than a year ago and is also $234k or
9% below the budget. The City is projecting
fines and penalties to be under the budget
at year‐end.
Year to Date through November
2012 2013 2013
Actual Budget Actual $ % $ %
Civil Penalties 7,831$ 13,054$ 8,591$ 760$ 10% (4,462)$ ‐34%
Civil Infraction Penalties 532,546 518,027 539,579 7,033 1% 21,553 4%
Civil Parking Infraction Penalties 141,095 159,647 161,148 20,054 14% 1,501 1%
Photo Enforcement Program 1,795,525 1,771,718 1,509,300 (286,225) ‐16% (262,418) ‐15%
Criminal Traffic Misdemeanor Fines 75,400 86,943 88,465 13,065 17% 1,521 2%
Criminal Non‐Traffic Fines 23,466 42,872 41,110 17,644 75% (1,762) ‐4%
Criminal Costs 112,077 105,686 112,208 131 0% 6,522 6%
Seizure Funds ‐ Federal/State/Local 1 31,767 ‐ ‐ (31,767) 0%‐ N/A
Non‐Court Fines, Forfeitures and Penalties 758 22,000 25,474 24,717 3263% 3,474 16%
YTD Total 2,720,463$ 2,719,947$ 2,485,876$ (234,588)$ ‐9% (234,071)$ ‐9%
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
$1.5 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 168,187 171,297 171,565 3,378 2% 268 0%
Sep 179,166 176,075 154,604 (24,562) ‐14% (21,470) ‐12%
Oct 278,866 280,183 191,919 (86,947) ‐31% (88,264) ‐32%
Nov 247,607 251,568 189,412 (58,195) ‐24% (62,156) ‐25%
Dec 339,926 338,553
YTD Total 2,720,463$ 2,719,947$ 2,485,876$ (234,588)$ ‐9% (234,071)$ ‐9%
Annual Total 3,060,389$ 3,058,500$
Month
2013 vs. Budget2013 vs. 2012
Year to Date through November
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 80,932 74,285 56,345 24,586
Sep 71,743 58,676 50,884 55,930 2,747
Oct 191,799 100,760 65,641 51,130 49,629
Nov 153,910 94,351 66,315 51,346 43,005
Dec 178,282 ‐ 66,397 ‐ ‐
YTD Total 1,771,718$ 1,509,300$ 775,567$ 628,941$ 880,359$
Annual Total 1,950,000$ 841,964$
1Actuals of Revenues and Expenses
Expenses
Photo Enforcement Program
Year to Date through November
Month
Revenues
Page 8 of 37
Monthly Financial Report November 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 65% of the total
revenue in this category. The year‐to‐date
total miscellaneous is $1.2 million. Compared
to last year, the revenues are below by $4k.
Compared to the projected year‐to‐date
budget, the revenues are over by $48k or 4%.
The table below breaks out miscellaneous
revenues by type:
2012 2013 2013
ActualBudgetActual$%$%
Interests and Other Earnings 91,439$ 199,020$ 98,597$ 7,159$ 8% (100,423)$ ‐50%
Rents, Leases, and Concessions 748,979 592,796 706,234 (42,745) ‐6% 113,438 19%
Contributions/Donations from Private Sources 120,735 90,589 80,715 (40,020) ‐33% (9,873) ‐11%
Other 272,056 147,201 302,589 30,533 11% 155,388 106%
Seizure Funds ‐ Federal/State/Local 1 ‐ 151,290 40,876 40,876 100% (110,414) ‐73%
YTD Total 1,233,209$ 1,180,896$ 1,229,012$ (4,198)$ 0% 48,116$ 4%
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 November
Revenue
2013 vs. 2012
Rents, leases and concessions are higher than the prior year and budget due to higher than expected picnic shelter rentals,
facility/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. The use of Seizure Funds is restricted to drug
enforcement only and is not available for general operating purposes.
EXPENSES
Overall the City has expended 84% of its budgeted general governmental expenditures at the end of November. This is $2
million or 2.3% below year‐to‐date budgeted expenditures. See below for summary of unfavorable items for general
governmental departments.
Fire department is over the year‐to‐date budget by $205k. This is mainly due to overspending in overtime ($435k),
supplies/capital ($74k), intergovernmental ($103k), and under spending on salaries and benefits ($265k) and general
professional services ($144k). We adjusted the department’s budget by $442k in December to recognize SAFER/EMPG
grants, which will keep the department within budget by year‐end.
2012 2013 2013
Actual Budget Actual $ % $ %
Jan 206,151$ 163,080$ 179,743$ (26,408)$ ‐13% 16,663$ 10%
Feb 83,823 135,969 76,397 (7,425) ‐9% (59,572) ‐44%
Mar 104,421 84,515 147,909 43,488 42% 63,394 75%
Apr 98,164 111,835 92,872 (5,291) ‐5% (18,963) ‐17%
May 145,213 112,179 118,719 (26,494) ‐18% 6,540 6%
Jun 93,832 113,839 123,441 29,609 32% 9,602 8%
Jul 112,316 95,083 128,246 15,930 14% 33,163 35%
Aug 143,389 131,277 122,652 (20,737) ‐14% (8,624) ‐7%
Sep 89,588 100,822 92,799 3,211 4% (8,024) ‐8%
Oct 91,608 75,456 82,288 (9,320) ‐10% 6,832 9%
Nov 64,705 56,841 63,945 (760) ‐1% 7,104 12%
Dec 397,713 680,126
YTD Total 1,233,209$ 1,180,896$ 1,229,012$ (4,198)$ 0% 48,116$ 4%
Annual Total 1,630,922$ 1,861,022$
Year to Date through November
Month
2013 vs. Budget2013 vs. 2012
Miscellaneous Revenues by Month
Page 9 of 37
Monthly Financial Report November 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 ‐ ‐ ‐ ‐ 58,469 47,131 ‐
Grants / intergovernmental 8,573,293 ‐ 104,987 355 9,316 885,850 ‐
Charges for services 124,437 1,735,817 14,616,527 15,323,421 8,609,707 8,133,095 14,012,923
Interdepartmental services ‐ ‐ ‐ ‐ ‐ ‐ ‐
Fines and penalties 7,759 ‐ ‐ ‐ 566 ‐ ‐
Rents, leases, and misc fees 2,182,268 341,832 69,734 131,666 ‐ ‐ ‐
Interest and other misc 6,738 79,374 9,119 523,504 790,824 319,769 5,051
TOTAL REVENUES 10,894,495 2,157,023 14,800,367 15,978,946 9,468,882 9,385,845 14,017,974
EXPENSES:
Utility billing ‐ ‐ 107,356 105,357 78,121 127,071 ‐
Utility systems ‐ ‐ 13,672,415 4,598,996 2,672,524 2,937,335 ‐
Utility maintenance ‐ ‐ 267,705 4,266,892 1,122,712 1,899,518 13,133,378
Transportation 1,881,295 ‐ ‐ ‐ ‐ ‐ ‐
Golf ‐ 1,889,534 ‐ ‐ ‐ ‐ ‐
TOTAL EXPENSES 1,881,295 1,889,534 14,047,476 8,971,245 3,873,357 4,963,924 13,133,378
AMOUNT AVAILABLE FOR DEBT SERVICE 9,013,200 267,489 752,891 7,007,701 5,595,525 4,421,921 884,596
DEBT SERVICE:
Principal 98,209 ‐ ‐ 664,925 565,383 63,340 ‐
Interest 6,995 ‐ ‐ 348,144 180,798 146,868 ‐
TOTAL DEBT SERVICE 105,204 ‐ ‐ 1,013,069 746,181 210,208 ‐
CAPITAL PROJECTS 9,295,010 15,145 ‐ 2,881,752 2,468,470 1,671,300 ‐
TRANSFERS IN/(OUT)(13,499) ‐ ‐ 7,526 (3,763) (8,967) ‐
CHANGE IN FUND BALANCE (400,513) 252,344 752,891 3,120,406 2,377,111 2,531,446 884,596
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, Nov 30 1,942,411 792,158 2,276,772 12,966,714 5,573,845 8,545,920 2,630,483
Page 10 of 37
Monthly Financial Report November 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 ‐ 116,246 ‐ ‐ ‐ ‐ ‐
Grants / intergovernmental 83 1,024 ‐ ‐ ‐ ‐ 32,467
Charges for services
Equipment rental m&o 2,507,255 2,799,268 ‐ ‐ ‐ ‐ ‐
Print and mail ‐ 103,042 ‐ 367,294 ‐ ‐ ‐
Communications ‐ 6,090 73,834 469,810 ‐ ‐ ‐
Facilities ‐ ‐ 3,922,173 ‐ ‐ ‐ ‐
Data cards and cell phones ‐ 128,709 ‐ ‐ ‐ ‐ ‐
IT service contracts ‐ 402,262 ‐ ‐ ‐ ‐ ‐
Interest and other misc 10,333 5,094 2,754 821 27,496 18,228 16,900
Internal service fund misc:
Vehicle / equipment capital recovery 1,303,002 155,833 ‐ ‐ ‐ ‐ ‐
Insurance premiums ‐ ‐ ‐ ‐ 1,459,359 ‐ ‐
Worker's comp/unemployment ‐ ‐ ‐ ‐ 1,466,175 ‐ ‐
Benefit premiums ‐ ‐ ‐ ‐ ‐ 8,595,930 1,564,973
Other misc 6,231 12,218 11,638 ‐ 227 102,788 ‐
Interfund Loan ‐ ‐ ‐ ‐ 136,852 ‐ ‐
Capital contributions 22,930 ‐ ‐ ‐ ‐ ‐ ‐
Disposal of capital assets 91,261 ‐ ‐ ‐ ‐ ‐ ‐
Insurance recoveries 25,000 ‐ ‐ ‐ 89,140 359,431 ‐
TOTAL REVENUES 3,966,095 3,729,786 4,010,399 837,925 3,179,249 9,076,377 1,614,340
EXPENSES:
Communications 442,939
Equipment rental 2,130,012
Facilities 3,182,764
Healthcare 9,734,970
Information technology 2,978,587
Print and mail 336,010
Retiree healthcare 960,348
Risk management
Ri sk management 1,640,083
Unemployment 45,330
Worker's compensation 1,313,816
TOTAL EXPENSES 2,130,012 2,978,587 3,182,764 778,949 2,999,229 9,734,970 960,348
AMOUNT AVAILABLE FOR CAPITAL 1,836,083 751,199 827,635 58,976 180,020 (658,593) 653,992
CAPITAL PROJECTS 1,930,021 548,442 260,326 ‐ ‐ ‐ ‐
TRANSFERS IN 54,385 89,130 551 ‐ 2,000,000 ‐ ‐
TRANSFERS (OUT)‐ ‐ ‐ ‐ ‐ ‐ ‐
CHANGE IN FUND BALANCE (39,553) 291,887 567,860 58,976 2,180,020 (658,593) 653,992
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, Nov 30 3,682,948 2,148,859 1,417,332 362,453 7,166,827 7,240,477 7,136,157
Page 11 of 37
Monthly Financial Report November 2013
FUND BALANCE
Page 13 shows the ending fund balance as of November 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 November, the City has $24.8 million reported in the combined general governmental fund balance of the
current year’s operating budget, which is approximately 23% of budgeted operating expenditures. This is an increase of
$9.2 million from the year’s beginning balance. November’s ending fund balance is over the anticipated General
Governmental Fund Balance of $18.9 million by $5.9 million or 31.3%. 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 receipted 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 12 of 37
Monthly Financial Report November 2013
City of Renton
All Funds ‐ Revenue, Expenditures and Fund Balances
Cash Basis through November 30, 2013
Funds
Balance
01/01/2013
Budgeted
Revenue
Revenue
11/30/13
Total Funds
Available
Budgeted
Expenditure
Expenditure
11/30/13
Ending
Balance
GENERAL GOVERNMENT FUNDS:15,575,839 100,856,553 97,939,274 113,515,113 105,715,391 88,737,144 24,777,969
000 General 10,575,369 71,987,103 71,187,030 81,762,399 76,690,192 67,432,413 14,329,987
001 Community Services 1,891,966 11,328,945 10,386,851 12,278,817 11,325,011 9,844,855 2,433,963
003 Street 1,585,553 8,877,257 7,959,512 9,545,065 8,873,975 7,391,709 2,153,357
004 Community Dev Block Grant (13,145) 367,512 86,254 73,109 297,069 231,865 (158,756)
005 Museum 52,369 209,903 209,982 262,351 211,080 192,315 70,037
009 Farmers Market 90,520 59,400 45,491 136,011 80,414 51,658 84,353
011 Fire Health & Wellness 55,483 25,000 27,181 82,664 25,000 29,439 53,225
031 Park Memorial 178,367 ‐ 441 178,808 178,367 ‐ 178,808
201 Ltd GO Bonds Gen Govt Debt 829,784 1,749,305 1,752,724 2,582,508 1,749,305 134,500 2,448,008
215 Gen Govt Misc Debt Service 329,573 6,252,128 6,283,806 6,613,379 6,284,978 3,428,390 3,184,989
SPECIAL REVENUE FUNDS:
102 Arterial Street 168,514 643,000 569,448 737,962 600,000 600,000 137,962
108 Leased City Properties 527,677 797,289 587,201 1,114,878 752,011 714,292 400,586
110 Hotel Motel 111,256 245,000 293,854 405,110 291,000 217,590 187,520
125 1% For Art 116,142 16,000 11,408 127,550 50,000 29,800 97,750
127 Cable Communication 257,372 85,674 91,567 348,939 85,674 43,415 305,524
135 Springbrook Wetlands Bank 665,828 ‐ 1,646 667,474 ‐ ‐ 667,474
CAPITAL PROJECT FUNDS (CIP):
303 Community Dev Mitigation 1,540,154 60,000 81,387 1,621,541 700,000 ‐ 1,621,541
304 Fire Mitigation 797,417 25,000 94,066 891,483 250,000 ‐ 891,483
305 Transportation Mitigation 292,627 40,000 238,174 530,801 100,000 100,000 430,801
316 Municipal Facilities CIP 3,474,517 4,361,912 2,641,735 6,116,252 7,735,752 1,882,294 4,233,958
317 Transportation CIP (391,159) 34,020,559 22,308,268 21,917,109 33,608,158 18,457,506 3,459,603
318 So Lake WA Infrastructure Proj 52,073 44,874 44,911 96,984 96,947 87,974 9,010
326 Housing Opportunity 84,359 ‐ 222 84,581 75,000 ‐ 84,581
336 New Library Development 19,143,344 1,830,836 46,545 19,189,889 20,974,180 1,097,176 18,092,713
ENTERPRISE FUNDS:
402 Airport 331,939 1,264,418 2,316,675 2,648,614 1,432,346 1,354,779 1,293,835
403 Solid Waste Utility 1,523,881 15,700,852 14,800,367 16,324,248 16,177,073 14,047,476 2,276,772
404 Golf Course 291,978 2,453,669 2,156,373 2,448,351 2,476,366 1,937,925 510,426
422 Airport Capital 2,010,985 15,668,122 8,577,820 10,588,805 17,650,611 9,940,229 648,576
424 Golf Course Capital 247,836 50,000 46,484 294,320 156,482 12,587 281,733
INTERNAL SERVICE FUNDS:
501 Equipment Repair/Replacement 3,722,501 4,261,224 4,020,479 7,742,980 4,295,028 4,060,033 3,682,947
502 Insurance 4,986,807 5,713,764 5,179,249 10,166,056 3,060,718 2,999,229 7,166,827
503 Information Services 1,856,972 4,188,823 3,818,916 5,675,888 5,326,336 3,527,029 2,148,859
504 Facilities 849,472 4,276,112 4,010,950 4,860,422 4,468,879 3,443,090 1,417,332
505 Communications 303,477 877,773 837,925 1,141,402 893,249 778,950 362,452
512 Insurance, Healthcare 7,899,070 9,329,364 9,076,375 16,975,445 10,904,461 9,734,970 7,240,475
522 Insurance, Leoff1 Retirees HC 6,482,165 1,735,684 1,614,340 8,096,505 1,737,782 960,348 7,136,157
FIDUCIARY FUNDS:
611 Firemen's Pension 4,556,003 300,000 427,105 4,983,108 240,475 178,147 4,804,961
Funds
Balance
01/01/2013
Budgeted
Revenue
Revenue
11/30/13
Total Funds
Available
Budgeted
Expenditure
Expenditure
11/30/13
Ending
Balance
ENTERPRISE FUNDS: COMBINED UTILITIES 20,803,403 57,384,364 48,859,174 69,662,577 60,603,334 39,945,612 29,716,965
405 Water Utility 5,449,029 13,402,096 14,659,327 20,108,356 11,034,019 8,475,914 11,632,442
406 Waste Water Utility 1,363,629 6,758,645 8,385,597 9,749,226 5,505,490 4,562,788 5,186,438
407 Surface Water Utility 2,269,771 7,963,326 8,066,723 10,336,494 6,180,122 4,415,945 5,920,549
416 King County Metro 1,745,887 15,126,703 14,017,973 15,763,860 15,126,703 13,133,378 2,630,482
425 Water Utility Construction 4,381,380 3,746,643 1,327,106 5,708,486 8,007,000 4,390,151 1,318,335
426 Waste Water Construction 1,833,105 3,300,000 1,083,286 2,916,391 4,870,000 2,528,982 387,409
427 Surface Water Construction 3,744,703 7,086,951 1,319,123 5,063,826 9,880,000 2,438,454 2,625,372
471 Waterworks Rate Stabilization 15,899 ‐ 39 15,938 ‐ ‐ 15,938
Note: Waterworks Utility Funds are managed as a system and are designated by the dotted lines.
Page 13 of 37
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 64,000,182 64,579,234 (579,052) 14,996,787
September 69,756,998 72,338,457 (2,581,459) 12,994,380
October 86,460,206 81,277,689 5,182,517 20,758,356
November 97,939,274 88,737,144 9,202,130 24,777,969
December
3,000,000
4,000,000
5,000,000
6,000,000
7,000,000
8,000,000
9,000,000
10,000,000
11,000,000
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
2,000,000
‐
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 14 of 37
City of Renton
Monthly Revenue Analysis ‐ 2013 Budget Year
General
Government Budget
YTD
Actual
Annual %
over (under)
Jan 5,359,402 5,592,172 4.34%
Feb 11,478,844 11,590,564 0.97%
Mar 16,855,063 17,392,180 3.19%
Apr 31,092,707 33,559,062 7.93%
May 45,252,914 46,893,848 3.63%
Jun 50,278,277 52,007,692 3.44%
Jul 56,607,277 58,496,912 3.34%
Aug 61,667,555 64,000,182 3.78%
Sep 66,738,488 69,756,998 4.52%
Oct 80,491,064 86,460,206 7.42%
Nov 94,073,001 97,939,274 4.11%
Dec 100,856,553
Percent of budget 97.11%
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 17,012,180 1.46%
Sep 17,182,454 17,560,252 2.20%
Oct 24,590,798 27,701,144 12.65%
Nov 31,416,250 32,042,618 1.99%
Dec 31,741,366
Percent of budget 100.95%
$‐
$3
$6
$9
$12
$15
$18
$21
$24
$27
$30
$33
$36
Budget
Actual
Last Year
Page 15 of 37
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 14,983,749 9.30%
Sep 15,384,395 16,931,533 10.06%
Oct 17,162,223 18,934,149 10.32%
Nov 18,978,733 20,949,122 10.38%
Dec 20,723,680
Percent of budget 101.09%
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 10,547,172 ‐4.00%
Sep 12,319,071 11,980,466 ‐2.75%
Oct 13,472,609 13,053,238 ‐3.11%
Nov 14,686,250 14,297,910 ‐2.64%
Dec 16,250,662
Percent of budget 87.98%
Note: Includes Natural Gas Use Tax.
$0
$2
$4
$6
$8
$10
$12
$14
$16
Budget
Actual
Last Year
Page 16 of 37
City of Renton
Monthly Revenue Analysis ‐ 2013 Budget Year
Licenses &
Permits Budget
YTD
Actual
Annual %
over (under)
Jan 219,854 325,005 47.83%
Feb 386,512 547,949 41.77%
Mar 577,616 747,996 29.50%
Apr 857,151 1,091,568 27.35%
May 1,039,941 1,368,619 31.61%
Jun 1,233,639 1,596,317 29.40%
Jul 1,546,609 1,891,884 22.32%
Aug 1,840,424 2,172,762 18.06%
Sep 1,982,247 2,348,691 18.49%
Oct 2,367,813 2,788,939 17.79%
Nov 2,572,223 3,077,321 19.64%
Dec 2,863,828
Percent of budget 107.45%
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 1,377,678 1,466,833 6.47%
Mar 1,687,937 1,933,705 14.56%
Apr 2,496,563 2,801,258 12.20%
May 4,899,480 5,218,611 6.51%
Jun 5,430,762 5,720,394 5.33%
Jul 6,203,725 6,584,190 6.13%
Aug 6,663,813 7,051,132 5.81%
Sep 7,108,467 7,575,466 6.57%
Oct 8,270,685 8,682,607 4.98%
Nov 10,667,148 11,078,662 3.86%
Dec 11,269,061
Percent of budget 98.31%
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 17 of 37
City of Renton
Monthly Revenue Analysis ‐ 2013 Budget Year
Charges for
Services Budget
YTD
Actual
Annual %
over (under)
Jan 407,503 485,115 19.05%
Feb 859,916 1,051,174 22.24%
Mar 1,369,614 1,636,717 19.50%
Apr 1,960,890 2,321,588 18.39%
May 2,514,144 2,949,916 17.33%
Jun 3,065,252 3,543,866 15.61%
Jul 3,787,273 4,364,049 15.23%
Aug 4,478,128 5,084,872 13.55%
Sep 4,951,061 5,643,259 13.98%
Oct 5,499,477 6,307,022 14.68%
Nov 5,985,046 6,854,412 14.53%
Dec 6,520,566
Percent of budget 105.12%
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 1,949,941 ‐3.09%
Sep 2,188,195 2,104,545 ‐3.82%
Oct 2,468,378 2,296,464 ‐6.96%
Nov 2,719,947 2,485,876 ‐8.61%
Dec 3,058,500
Percent of budget 81.28%
$‐
$0.50
$1.00
$1.50
$2.00
$2.50
$3.00
$3.50
Budget
Actual
Last Year
Page 18 of 37
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 4,187,979 ‐1.60%
Sep 4,566,014 4,509,594 ‐1.24%
Oct 5,526,947 5,507,285 ‐0.36%
Nov 5,821,308 5,900,050 1.35%
Dec 6,313,000
Percent of budget 93.46%
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 163,080 179,743 10.22%
Feb 299,049 256,140 ‐14.35%
Mar 383,564 404,049 5.34%
Apr 495,399 496,921 0.31%
May 607,578 615,640 1.33%
Jun 721,417 739,082 2.45%
Jul 816,500 867,327 6.23%
Aug 947,776 989,980 4.45%
Sep 1,048,599 1,082,778 3.26%
Oct 1,124,055 1,165,066 3.65%
Nov 1,180,896 1,229,012 4.07%
Dec 1,861,022
Percent of budget 66.04%
$‐
$0.20
$0.40
$0.60
$0.80
$1.00
$1.20
$1.40
$1.60
$1.80 Budget
Actual
Last Year
Page 19 of 37
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 20,415 181.66%
Sep 7,985 20,415 155.66%
Oct 8,079 24,292 200.69%
Nov 45,201 24,292 ‐46.26%
Dec 254,868
Percent of budget 9.53%
$‐
$1.00
$2.00
$3.00
$4.00
$5.00
$6.00
Millions Other Financing Sources
Budget
Actual
Last Year
Page 20 of 37
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 2,013,764 28.75%
Sep 1,724,294 2,268,082 31.54%
Oct 2,025,764 2,540,858 25.43%
Nov 2,367,976 2,883,394 21.77%
Dec 2,600,000
Percent of budget 110.90%
Bldg Permits
& Devlpmt Svc YTD Annual %
$‐
$0.50
$1.00
$1.50
$2.00
$2.50
$3.00
$3.50
Millions
Real Estate Excise Tax
Budget
Actual
Last Year
Millions Building Permits and Development Service
Fees Budget Actual over (under)
Jan 150,030 327,644 118.39%
Feb 332,264 557,749 67.86%
Mar 569,542 862,909 51.51%
Apr 812,611 1,230,194 51.39%
May 1,049,592 1,616,989 54.06%
Jun 1,295,001 1,910,374 47.52%
Jul 1,573,793 2,225,870 41.43%
Aug 1,921,143 2,566,205 33.58%
Sep 2,075,833 2,821,074 35.90%
Oct 2,460,061 3,261,353 32.57%
Nov 2,722,293 3,654,661 34.25%
Dec 3,123,413
Percent of budget 117.01%
$‐
$0.50
$1.00
$1.50
$2.00
$2.50
$3.00
$3.50
$4.00
Millions Fees
Budget
Actual
Last Year
Page 21 of 37
City of Renton
Monthly Expenditure Analysis ‐ 2013 Budget Year
General
Government Budget
YTD
Actual
Annual %
over (under)
Jan 7,463,801 7,563,322 1.33%
Feb 16,259,347 15,996,818 ‐1.61%
Mar 23,771,912 23,413,342 ‐1.51%
Apr 32,103,134 31,631,530 ‐1.47%
May 40,743,889 39,883,684 ‐2.11%
Jun 49,545,186 48,473,829 ‐2.16%
Jul 57,808,775 56,535,685 ‐2.20%
Aug 65,993,240 64,579,234 ‐2.14%
Sep 73,894,837 72,338,457 ‐2.11%
Oct 83,113,053 81,277,689 ‐2.21%
Nov 90,780,304 88,737,144 ‐2.25%
Dec 105,715,391
Percent of budget expended 83.94%
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 192,896 192,361 ‐0.28%
Sep 217,082 216,073 ‐0.46%
Oct 241,441 239,890 ‐0.64%
Nov 265,573 263,960 ‐0.61%
Dec 290,291
Percent of budget expended 90.93%
$‐
$50,000
$100,000
$150,000
$200,000
$250,000
$300,000
Budget
Actual
Last Year
Page 22 of 37
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 847,425 824,425 ‐2.71%
Sep 953,811 919,138 ‐3.64%
Oct 1,064,489 1,023,885 ‐3.81%
Nov 1,170,013 1,121,750 ‐4.13%
Dec 1,322,364
Percent of budget expended 84.83%
YTD Annual %
$‐
$0.30
$0.60
$0.90
$1.20
$1.50
Millions Executive
Budget
Actual
Last Year
$2 40
Millions City Attorney
City Attorney Budget Actual 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 1,157,082 ‐8.41%
Sep 1,421,095 1,315,727 ‐7.41%
Oct 1,593,003 1,460,487 ‐8.32%
Nov 1,749,576 1,604,675 ‐8.28%
Dec 1,915,103
Percent of budget expended 83.79%
$‐
$0.40
$0.80
$1.20
$1.60
$2.00
$2.40 Budget
Actual
Last Year
Page 23 of 37
City of Renton
Monthly Expenditure Analysis ‐ 2013 Budget Year
Court Services Budget
YTD
Actual
Annual %
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 1,302,458 ‐3.86%
Sep 1,519,505 1,468,967 ‐3.33%
Oct 1,684,389 1,633,316 ‐3.03%
Nov 1,852,716 1,793,783 ‐3.18%
Dec 2,026,149
Percent of budget expended 88.53%
YTD Annual %
$‐
$0.20
$0.40
$0.60
$0.80
$1.00
$1.20
$1.40
$1.60
$1.80
$2.00
$2.20
Millions Court Services
Budget
Actual
Last Year
Millions
Community & Economic
Dl Ad iCED Admin Budget Actual 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 682,197 685,933 0.55%
Sep 766,581 771,885 0.69%
Oct 850,349 858,042 0.90%
Nov 934,318 943,428 0.98%
Dec 1,020,208
Percent of budget expended 92.47%
$‐
$0.20
$0.40
$0.60
$0.80
$1.00
$1.20
Millions Development Admin
Budget
Actual
Last Year
Page 24 of 37
City of Renton
Monthly Expenditure Analysis ‐ 2013 Budget Year
Development
Services Budget
YTD
Actual
Annual %
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 2,165,714 ‐1.64%
Sep 2,488,019 2,425,328 ‐2.52%
Oct 2,780,951 2,704,130 ‐2.76%
Nov 3,065,780 2,973,668 ‐3.00%
Dec 3,358,299
Percent of budget expended 88.55%
Economic YTD Annual %
$‐
$0.50
$1.00
$1.50
$2.00
$2.50
$3.00
$3.50
Millions
Development Services
Budget
Actual
Last Year
Millions
Economic Development
Development Budget Actual 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 384,572 300,522 ‐21.86%
Sep 428,840 341,333 ‐20.41%
Oct 472,869 380,375 ‐19.56%
Nov 524,583 412,147 ‐21.43%
Dec 570,280
Percent of budget expended 72.27%
$‐
$0.10
$0.20
$0.30
$0.40
$0.50
$0.60
Millions
Budget
Actual
Last Year
Page 25 of 37
City of Renton
Monthly Expenditure Analysis ‐ 2013 Budget Year
Planning Budget
YTD
Actual
Annual %
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 1,024,050 993,017 ‐3.03%
Sep 1,159,558 1,133,145 ‐2.28%
Oct 1,279,389 1,256,275 ‐1.81%
Nov 1,405,692 1,382,280 ‐1.67%
Dec 1,541,592
Percent of budget expended 89.67%
YTD Annual % $2 40
Millions Finance
$‐
$0.20
$0.40
$0.60
$0.80
$1.00
$1.20
$1.40
$1.60
$1.80
Millions
Planning
Budget
Actual
Last Year
Finance Budget Actual 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 1,312,345 ‐1.70%
Sep 1,499,653 1,491,143 ‐0.57%
Oct 1,643,469 1,649,170 0.35%
Nov 1,786,254 1,799,155 0.72%
Dec 2,242,682
Percent of budget expended 80.22%
$‐
$0.40
$0.80
$1.20
$1.60
$2.00
$2.40 Budget
Actual
Last Year
Page 26 of 37
City of Renton
Monthly Expenditure Analysis ‐ 2013 Budget Year
City Clerk Budget
YTD
Actual
Annual %
over (under)
Jan 72,010 61,226 ‐14.97%
Feb 144,148 123,564 ‐14.28%
Mar 223,753 202,364 ‐9.56%
Apr 361,399 277,252 ‐23.28%
May 435,793 581,575 33.45%
Jun 507,931 636,188 25.25%
Jul 710,263 692,263 ‐2.53%
Aug 788,236 765,703 ‐2.86%
Sep 863,409 830,214 ‐3.84%
Oct 937,218 894,171 ‐4.59%
Nov 1,017,649 955,952 ‐6.06%
Dec 1,101,505
Percent of budget expended 86.79%
Includes Hearing Examiner
Human YTD Annual % $1 00
Millions Human Resources
$‐
$0.20
$0.40
$0.60
$0.80
$1.00
$1.20
Millions City Clerk
Budget
Actual
Last Year
Resources Budget Actual 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 635,001 583,333 ‐8.14%
Sep 713,975 658,189 ‐7.81%
Oct 797,946 733,652 ‐8.06%
Nov 885,037 815,257 ‐7.88%
Dec 977,094
Percent of budget expended 83.44%
$‐
$0.20
$0.40
$0.60
$0.80
$1.00
Budget
Actual
Last Year
Page 27 of 37
City of Renton
Monthly Expenditure Analysis ‐ 2013 Budget Year
Police Budget
YTD
Actual
Annual %
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 19,396,212 19,071,306 ‐1.68%
Sep 21,809,144 21,624,322 ‐0.85%
Oct 24,192,123 23,852,347 ‐1.40%
Nov 26,605,420 26,327,574 ‐1.04%
Dec 29,129,201
Percent of budget expended 90.38%
Fire &
Emergency YTD Annual %
$‐
$3
$6
$9
$12
$15
$18
$21
$24
$27
$30
Millions Police
Budget
Actual
Last Year
$24
Millions Fire & Emergency Services
Services Budget Actual 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 16,390,199 0.03%
Sep 18,359,431 18,346,018 ‐0.07%
Oct 20,275,751 20,390,546 0.57%
Nov 22,207,188 22,411,736 0.92%
Dec 24,197,056
Percent of budget expended 92.62%
$‐
$3
$6
$9
$12
$15
$18
$21
$24
Budget
Actual
Last Year
Page 28 of 37
City of Renton
Monthly Expenditure Analysis ‐ 2013 Budget Year
Community
Services Admin Budget
YTD
Actual
Annual %
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 295,998 299,975 1.34%
Sep 332,176 336,859 1.41%
Oct 367,946 373,747 1.58%
Nov 405,451 414,255 2.17%
Dec 450,911
Percent of budget expended 91.87%
YTD Annual % $4 50
Millions Parks
$‐
$0.05
$0.10
$0.15
$0.20
$0.25
$0.30
$0.35
$0.40
$0.45
$0.50
Millions Community Services Admin
Budget
Actual
Last Year
Parks Budget Actual 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 2,631,293 ‐0.27%
Sep 3,030,537 3,002,198 ‐0.94%
Oct 3,420,829 3,373,623 ‐1.38%
Nov 3,789,095 3,703,721 ‐2.25%
Dec 4,153,621
Percent of budget expended 89.17%
$‐
$0.50
$1.00
$1.50
$2.00
$2.50
$3.00
$3.50
$4.00
$4.50 Budget
Actual
Last Year
Page 29 of 37
City of Renton
Monthly Expenditure Analysis ‐ 2013 Budget Year
Parks Planning
and Natural
Resources Budget
YTD
Actual
Annual %
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 589,503 428,676 ‐27.28%
Sep 673,988 484,402 ‐28.13%
Oct 766,574 545,724 ‐28.81%
Nov 852,923 601,585 ‐29.47%
Dec 934,005
Percent of budget expended 64.41%
YTD Annual %
$‐
$0.10
$0.20
$0.30
$0.40
$0.50
$0.60
$0.70
$0.80
$0.90
$1.00
Millions Parks Planning and Natural Resources
Budget
Actual
Last Year
$6
Millions Recreation
Recreation Budget Actual 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 3,343,858 ‐2.98%
Sep 3,960,958 3,822,962 ‐3.48%
Oct 4,343,623 4,151,697 ‐4.42%
Nov 4,714,526 4,472,957 ‐5.12%
Dec 5,130,300
Percent of budget expended 87.19%
$‐
$1
$2
$3
$4
$5
$6
Budget
Actual
Last Year
Page 30 of 37
City of Renton
Monthly Expenditure Analysis ‐ 2013 Budget Year
Human
Services Budget
YTD
Actual
Annual %
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 744,460 695,514 ‐6.57%
Sep 805,315 749,137 ‐6.98%
Oct 959,873 883,276 ‐7.98%
Nov 1,030,967 962,149 ‐6.68%
Dec 1,196,052
Percent of budget expended 80.44%
Neighborhoods
, Resources, YTD Annual %
$‐
$0.20
$0.40
$0.60
$0.80
$1.00
$1.20
Millions Human Services
Budget
Actual
Last Year
$1 00
Millions Neighborhoods, Resources, and Events
and Events Budget Actual 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 555,842 518,531 ‐6.71%
Sep 632,165 582,563 ‐7.85%
Oct 703,188 638,898 ‐9.14%
Nov 803,370 703,994 ‐12.37%
Dec 914,955
Percent of budget expended 76.94%
$‐
$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 37
City of Renton
Monthly Expenditure Analysis ‐ 2013 Budget Year
Library Fund Budget
YTD
Actual
Annual %
over (under)
Jan ‐ ‐ N/A
Feb ‐ ‐ N/A
Mar ‐ ‐ N/A
Apr ‐ ‐ N/A
May ‐ ‐ N/A
Jun ‐ ‐ N/A
Jul ‐ ‐ N/A
Aug ‐ ‐ N/A
Sep ‐ ‐ N/A
Oct ‐ ‐ N/A
Nov ‐ ‐ N/A
Dec ‐
Percent of budget expended N/A
YTD Annual %
$‐
$0.05
$0.10
$0.15
$0.20
$0.25
$0.30
Millions Library Fund
Budget
Actual
Last Year
$240 000
Museum Fund
Museum Fund Budget Actual 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 140,200 139,638 ‐0.40%
Sep 158,058 157,141 ‐0.58%
Oct 175,778 174,718 ‐0.60%
Nov 193,585 192,315 ‐0.66%
Dec 211,080
Percent of budget expended 91.11%
$‐
$30,000
$60,000
$90,000
$120,000
$150,000
$180,000
$210,000
$240,000
Budget
Actual
Last Year
Page 32 of 37
City of Renton
Monthly Expenditure Analysis ‐ 2013 Budget Year
Public Works
Admin Budget
YTD
Actual
Annual %
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 322,247 301,882 ‐6.32%
Sep 363,226 333,688 ‐8.13%
Oct 402,909 364,742 ‐9.47%
Nov 442,662 395,530 ‐10.65%
Dec 483,035
Percent of budget expended 81.88%
Street YTD Annual %
$‐
$50,000
$100,000
$150,000
$200,000
$250,000
$300,000
$350,000
$400,000
$450,000
$500,000
Public Works Admin
Budget
Actual
Last Year
$5 00
Millions Street Maintenance
Maintenance Budget Actual 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 2,532,782 ‐10.41%
Sep 3,174,309 2,856,379 ‐10.02%
Oct 3,531,791 3,185,461 ‐9.81%
Nov 3,898,668 3,497,441 ‐10.29%
Dec 4,294,894
Percent of budget expended 81.43%
$‐
$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 33 of 37
City of Renton
Monthly Expenditure Analysis ‐ 2013 Budget Year
Transportation Budget
YTD
Actual
Annual %
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 2,933,793 0.00%
Sep 3,312,264 3,219,909 ‐2.79%
Oct 3,700,291 3,582,655 ‐3.18%
Nov 4,085,694 3,894,267 ‐4.69%
Dec 4,579,081
Percent of budget expended 85.04%
YTD Annual % $10
Millions Debt Service
$0.0
$0.5
$1.0
$1.5
$2.0
$2.5
$3.0
$3.5
$4.0
$4.5
$5.0
Millions Transportation
Budget
Actual
Last Year
Debt Service Budget Actual 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 2,058,556 2,058,556 0.00%
Sep 2,058,808 2,058,808 0.00%
Oct 3,562,890 3,562,890 0.00%
Nov 3,562,890 3,562,890 0.00%
Dec 8,034,283
Percent of budget expended 44.35%
$‐
$1
$2
$3
$4
$5
$6
$7
$8
$9
$10
Budget
Actual
Last Year
Page 34 of 37
City of Renton
Monthly Expenditure Analysis ‐ 2013 Budget Year
Non‐
Departmental
Other City Budget
YTD
Actual
Annual %
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 2,950,337 2,950,337 0.00%
Sep 3,192,930 3,192,930 0.00%
Oct 3,363,972 3,363,972 0.00%
Nov 3,530,675 3,530,675 0.00%
Dec 5,641,350
Percent of budget expended 62.59%
$‐
$0.50
$1.00
$1.50
$2.00
$2.50
$3.00
$3.50
$4.00
$4.50
$5.00
$5.50
$6.00
Millions Non‐Departmental Other City Services
Budget
Actual
Last Year
Page 35 of 37
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 46,050,162 39,527,809
Sep 45,248,315 51,921,474 45,278,284
Oct 51,131,985 58,226,205 49,431,907
Nov 56,094,010 63,659,500 53,993,089
Dec 76,780,407
Percent of budget expended 67.57%
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 4,424,167 7,184,207
Sep 11,598,621 7,702,430 7,576,205
Oct 13,711,677 10,060,354 11,110,481
Nov 14,718,494 10,894,495 11,295,008
Dec 19,082,957
Percent of budget expended 59.19%
Note: Operations and Capital
$‐
$5.00
$10.00
$15.00
$20.00
$25.00
Budget
Revenue
Expense
Page 36 of 37
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 1,694,229 1,422,736
Sep 1,688,936 1,982,981 1,659,746
Oct 1,864,635 2,121,991 1,810,203
Nov 2,024,142 2,202,856 1,950,512
Dec 2,632,848
Percent of budget expended 74.08%
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
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