HomeMy WebLinkAbout201501, January.pdf ADMINISTRATIVE SERVICES
DEPARTMENT
M E M O R A N D U M
DATE: March 18, 2015
TO: Ed Prince, Council President
Members of the Renton City Council
CC: Denis Law, Mayor
Administrators
FROM: Hai Nguyen, Sr. Finance Analyst
SUBJECT: January 2015 Financial Status Report
At the end of January, general governmental revenues show $8k or 0.1% under budget.
Revenues sources that are underperforming the year to date budget are: utility taxes ($157k
below) and building permits & development service fees ($157k below).
General government expenditures showed a favorable variance of $706k or 8%. See page 10 of
report for further expenditure over‐spent explanations.
The attached report provides more detailed discussion of each revenue source and our updated
projections for the year. Please do not hesitate to contact me at x6952 should you have any
questions or any suggestions about the report.
This page is intentionally left blank
General Governmental Funds
$%
Beginning Fund Balance 15,575,840$ 15,575,840$ 17,454,262$ 17,454,262$ 13,508,009$ 13,508,009$ 17,565,282$ 4,057,273 30.0%
OPERATING REVENUES
Property Tax 32,485,690 154,945 35,295,390 (101,807) 36,040,000 27,853 67,234 39,381 141.4%
Sales Tax 20,416,372 1,620,555 21,512,379 1,607,045 22,239,731 1,736,775 1,758,332 21,557 1.2%
Sales Tax ‐ Annexation Credit 2,418,789 191,830 2,542,394 189,313 2,519,968 193,597 208,322 14,725 7.6%
Criminal Justice Sales Tax 2,091,174 166,533 2,267,947 175,648 2,305,519 180,978 187,139 6,161 3.4%
Natural Gas Use Tax 263,660 ‐ 271,485 27,591 300,000 15,467 25,336 9,869 63.8%
Admission Tax 327,258 82,440 310,311 80,243 320,000 81,652 83,675 2,023 2.5%
Franchise Fees 1,312,727 314,269 1,342,269 ‐ 1,260,000 302,491 333,343 30,852 10.2%
Electricity Tax 5,155,789 493,666 5,167,444 564,525 5,365,536 549,999 340,429 (209,570) ‐38.1%
Natural Gas Utility Tax 1,550,900 200,623 1,562,341 247,355 1,550,900 223,166 190,306 (32,860) ‐14.7%
Garbage/Solid Waste 397,596 26,817 573,457 24,516 400,000 21,146 10,033 (11,113) ‐52.6%
TV Cable 1,481,779 125,429 1,518,821 130,277 1,579,365 134,591 134,496 (95) ‐0.1%
Telephone 917,021 23,518 909,088 37,115 952,500 31,626 108,404 76,778 242.8%
Cellular Phone 2,050,312 125,795 1,951,925 20,557 1,967,056 71,930 60,518 (11,413) ‐15.9%
City Utilities 3,964,989 282,011 3,961,052 321,183 4,058,377 308,854 329,827 20,973 6.8%
Utility Tax Audit ‐ ‐ 460,513 ‐ ‐ ‐ ‐ ‐ 0.0%
Leasehold Excise Tax 164,637 ‐ 171,470 ‐ 179,000 ‐ ‐ ‐ 0.0%
Gambling Excise Tax 1,319,585 133,504 1,650,384 131,776 1,600,000 142,914 158,293 15,379 10.8%
Real Estate Excise Tax 4,131,665 134,099 4,348,762 162,143 4,000,000 173,895 226,377 52,482 30.2%
Less: CIP REET (700,000) (25,789) (1,650,000) (30,753) (1,000,000) (56,594) (56,594) ‐ 0.0%
EMS Levy 916,361 ‐ 916,361 ‐ 920,000 ‐ ‐ ‐ 0.0%
Business License Fees 503,766 95,381 515,555 103,064 506,000 98,510 101,630 3,120 3.2%
Animal Licenses and Spec Events Permits 99,411 8,105 95,698 8,798 91,000 8,354 9,230 876 10.5%
Building Permits & Development Svc Fees 4,001,625 327,644 4,519,234 432,890 4,679,749 417,515 260,603 (156,913) ‐37.6%
Intergovt'l (Grants, State Shared, etc) 3,863,974 398,999 4,522,540 670,461 3,535,784 253,582 313,654 60,072 23.7%
Fire District 25 and 40 Contracts 5,726,895 ‐ 5,959,428 ‐ 6,116,326 ‐ ‐ ‐ 0.0%
Public Safety 680,581 32,322 844,375 117,639 513,081 50,388 58,509 8,121 16.1%
Culture and Recreation 1,494,580 60,546 1,485,123 69,522 1,580,616 68,996 117,124 48,128 69.8%
Interfund/Interdept‐Services 3,464,913 265,873 3,270,503 301,808 3,147,416 262,285 265,068 2,783 1.1%
Fines and Penalties 1,137,140 2,605 962,977 75,041 1,126,500 41,543 3,147 (38,396) ‐92.4%
Photo Enforcement 1,629,524 150,459 1,719,971 61,721 2,194,000 138,983 121,709 (17,274) ‐12.4%
Seizure Funds ‐ Federal/State/Local 50,639 ‐ 68,870 ‐ 180,693 ‐ ‐ ‐ 0.0%
Interests and Other Earnings 423,609 2,727 981,630 9,492 875,300 7,611 50,846 43,235 568.1%
Rents, Leases, and Concessions 734,530 149,192 711,070 151,689 710,216 147,821 156,463 8,641 5.8%
Contributions and Donations 84,320 200 113,626 5,625 97,000 2,854 7,247 4,392 153.9%
Other Miscellaneous 684,187 47,872 879,105 116,513 705,369 66,829 66,484 (345) ‐0.5%
Other Financing Sources (Transfer‐In, etc) 299,527 ‐ 48,632 ‐ 250,000 ‐ ‐ ‐ 0.0%
Total Operating Revenues 105,545,527 5,592,172 111,782,133 5,710,991 112,867,002 5,705,609 5,697,180 (8,430) ‐0.1%
OPERATING EXPENDITURES
Council 289,911 23,354 309,317 23,569 335,838 26,298 32,033 (5,735) ‐21.8%
Executive 1,240,910 78,944 1,338,738 76,257 1,547,993 93,133 80,465 12,668 13.6%
City Attorney 1,922,225 141,744 1,829,254 135,206 2,001,421 147,754 151,100 (3,347) ‐2.3%
Court Services 2,003,104 152,280 2,016,273 159,512 2,111,321 163,780 151,935 11,845 7.2%
Community and Eco Dvlpmnt Admin 1,047,860 85,287 1,010,761 83,232 1,077,608 88,213 88,408 (195) ‐0.2%
Development Services 3,243,702 272,362 2,659,078 216,780 2,914,321 241,499 201,493 40,006 16.6%
Economic Development 467,511 75,717 654,007 36,443 848,340 84,840 43,127 41,713 49.2%
Planning 1,510,707 112,247 2,095,706 123,910 2,561,536 167,736 197,905 (30,169) ‐18.0%
Finance 2,274,147 144,010 2,644,827 161,643 2,795,120 173,682 171,705 1,977 1.1%
City Clerk 1,020,822 61,226 1,152,246 62,855 1,091,558 62,327 55,655 6,673 10.7%
Human Resources 904,182 64,230 922,668 63,751 1,316,577 92,234 66,108 26,126 28.3%
Police 24,946,784 2,204,160 26,383,640 2,307,080 28,267,334 2,484,310 2,351,965 132,346 5.3%
Jail Services 3,814,042 317,835 3,760,273 313,190 4,200,000 344,859 344,859 ‐ 0.0%
Fire 24,444,372 2,045,002 25,240,760 2,561,083 26,876,976 2,491,643 2,067,851 423,792 17.0%
Community Services Admin 452,146 37,025 480,727 36,113 545,712 42,784 41,417 1,368 3.2%
Parks 4,024,756 269,811 4,070,181 271,473 4,794,754 320,611 291,345 29,266 9.1%
Parks Planning & Natural Resources 829,250 42,639 722,739 43,855 798,301 44,490 46,145 (1,655) ‐3.7%
Recreation 4,846,970 305,989 4,823,195 278,944 5,200,923 314,595 338,282 (23,686) ‐7.5%
Human Services 1,162,330 45,984 1,159,189 47,594 1,199,977 48,370 46,455 1,914 4.0%
Neighborhoods, Resources, & Events 770,841 56,917 875,223 57,193 1,004,403 69,628 57,115 12,513 18.0%
Museum 209,387 16,898 214,291 16,819 227,761 18,126 18,605 (479) ‐2.6%
Public Works Admin 426,312 39,971 389,493 31,793 395,867 34,823 31,422 3,402 9.8%
Street Maintenance 3,814,132 302,270 4,503,315 311,026 5,181,713 382,080 387,644 (5,565) ‐1.5%
Transportation 4,476,854 311,908 4,263,725 278,181 4,914,998 331,818 300,741 31,077 9.4%
Debt Service 8,048,508 ‐ 8,393,140 51,520 6,463,588 48,139 48,139 ‐ 0.0%
Non‐Departmental and Other 5,475,340 355,512 9,758,346 298,065 4,267,502 455,629 455,629 ‐ 0.0%
Total Operating Expenditures 103,667,105 7,563,322 111,671,112 8,047,088 112,941,443 8,773,402 8,067,548 705,854 8.0%
Total Ending Fund Balance 17,454,262$ 13,604,690$ 17,565,283$ 15,118,165$ 13,433,567$ 10,440,216$ 15,194,914$ 4,754,698$ 45.5%
Favorable (Unfavorable)
2013 2014 2015 Variance
Annual Actual YTD Actual Annual Budget YTD Budget YTD ActualSummary of Sources and Uses Annual Actual YTD Actual
Monthly Financial Report January 2015
Page 1 of 37
Monthly Financial Report January 2015
OVERVIEW
This financial overview reflects the City’s overall financial position for the fiscal year through January 31, 2015. Except as noted,
year‐to‐date budgeted revenues and operating expenditures are generally based on the collection/disbursement patterns for
the same period of the preceding two years. The table on the previous page summarizes the general governmental fund
revenues and expenditures.
Revenues
Taxes
The combined collection of property, sales/use, utility, gambling, admissions, and real estate excise taxes represents 70% of all
resources supporting general governmental activities. The following section provides detail information on property, sales,
utility, and other taxes.
Property Tax
January’s collection is $67k or
0.2% of the total budget. In
comparison to the previous year,
the City collected $169k more.
Compared to the budget, the City
is above projections by $39k or
141%. The negative amount for
January 2014 was due to
receivables not yet received by
King County. These receivables
were recorded in February 2014’s
collection.
Sales Tax
January 2015 sales tax receipts
totalled $1.8 million. Compared
with the same month last year, it
is $151k or 9% more. Compared
to the projected current month’s
budget, it is $22k or 1% above.
2015’s monthly budgets are
generally based on 2010 through
2014 collections.
2014 2015 2015
Actual Budget Actual $ % $ %
Jan (101,807)$ 27,853$ 67,234$ 169,041$ ‐166% 39,381$ 141%
Feb 176,551 292,775
Mar 1,626,283 1,066,055
Apr 5,808,865 8,037,494
May 10,692,069 8,544,299
Jun (244,519) 17,789
Jul 352,287 527,609
Aug 178,936 427,951
Sep 574,579 515,969
Oct 11,777,175 9,346,477
Nov 4,051,387 6,227,843
Dec 403,584 1,007,885
YTD Total (101,807)$ 27,853$ 67,234$ 169,041$ ‐166% 39,381$ 141%
Annual Total 35,295,390$ 36,040,000$
Property Tax Revenues
Year to Date through January
2015 vs. 2014 2015 vs. Budget
Month
2014 2015 2015
Actual Budget Actual $ % $ %
Jan 1,607,045$ 1,736,775$ 1,758,332$ 151,287$ 9% 21,557$ 1%
Feb 2,079,673 2,139,897 ‐
Mar 1,562,210 1,658,321 ‐
Apr 1,558,271 1,679,689 ‐
May 1,759,697 1,950,137 ‐
Jun 1,669,870 1,753,064 ‐
Jul 1,731,929 1,763,868 ‐
Aug 2,030,161 1,940,381 ‐
Sep 1,849,720 1,834,221 ‐
Oct 1,869,025 1,923,863 ‐
Nov 1,952,887 1,959,088 ‐
Dec 1,841,892 1,900,427 ‐
YTD Total 1,607,045$ 1,736,775$ 1,758,332$ 151,287$ 9% 21,557$ 1%
Annual Total 21,512,379$ 22,239,731$
2015 vs. Budget2015 vs. 2014
Month
Year to Date through January
Local Retail Sales Tax Revenues
Page 2 of 37
Monthly Financial Report January 2015
The following table breaks out the City’s base sales tax (excluding Criminal Justice and Annexation Credit) by major business
sectors:
Utility tax
January utility tax revenues are
$1.2 million, which is $174k or
13% lower than the same month
last year and is also behind the
budget by $157k or 12%.
The table below breaks out Utility Tax by source. The variance for Electrical and Natural Gas utilities is due to lower activity.
2014 2015 2015
Actual Budget Actual $ % $ %
Jan 1,373,119$ 1,356,778$ 1,199,348$ (173,771)$ ‐13% (157,430)$ ‐12%
Feb 1,524,563 1,521,972
Mar 1,631,438 1,438,367
Apr 1,218,999 1,412,881
May 1,380,317 1,389,135
Jun 1,376,544 1,309,356
Jul 1,526,628 1,186,832
Aug 1,270,116 1,302,682
Sep 1,206,313 1,343,428
Oct 1,202,725 1,163,213
Nov 1,170,266 1,233,553
Dec 1,495,099 1,515,536
YTD Total 1,373,119$ 1,356,778$ 1,199,348$ (173,771)$ ‐13% (157,430)$ ‐12%
Annual Total 16,376,127$ 16,173,734$
2015 vs. Budget2015 vs. 2014
Year to Date through January
Utility Tax Revenues
Month
Sales Tax by Sector 2014 2015 Bgt YTD Act Change 2015/2014 2015 Act vs Bgt
New Construction 205,115$ 203,238$ 191,976$ (13,139)$ ‐6%$ (11,261)‐6%
Auto Sales 324,113 336,493 349,695 25,583 8% 13,203 4%
General Retail 547,714 550,577 575,147 27,433 5% 24,571 4%
Manufacturing 126,724 144,140 127,033 309 0% (17,107)‐12%
Wholesale 3,260 88,116 103,449 100,188 3073% 15,332 17%
Service 353,673 365,680 364,561 10,888 3% (1,119) 0%
Other 46,445 48,532 46,470 25 0% (2,061)‐4%
YTD Total 1,607,045$ 1,736,775$ 1,758,332$ 151,287$ 9%21,557$ 1%
Note: Excludes Annexation Credit and Criminal Justice Sales Tax revenue.
Utility Tax by Type 2014 2015 Bgt YTD Act Change 2015/2014 2015 Act vs Bgt
Electrical 564,525$ 549,999$ 340,429$ (224,097)$ ‐40%$ (209,570)‐38%
Natural Gas 274,946 238,633 215,642 (59,304) ‐22% (22,991)‐10%
Cell 20,557 71,930 60,518 39,961 194% (11,413)‐16%
Phone 37,115 31,626 108,404 71,289 192% 76,778 243%
Cable 130,277 134,591 134,496 4,219 3% (95) 0%
Garbage/Solid Waste 24,516 21,146 10,033 (14,484) ‐59% (11,113)‐53%
City Utilities 321,183 308,854 329,827 8,645 3% 20,973 7%
Utility Tax Audit ‐ ‐ ‐ ‐ N/A ‐ N/A
YTD Total 1,373,119$ 1,356,778$ 1,199,348$ (173,771)$ ‐13%(157,430)$ ‐12%
Annual Total 16,376,127$ 16,173,734$
YTD as % of 8%8%
Page 3 of 37
Monthly Financial Report January 2015
Other Taxes
Real Estate Excise Tax
The City collected $226k in Real
Estate Excise Tax revenues (REET)
for January. This is $64k or 40%
more than the same month last
year and is $52k or 30% more
than the current month’s budget.
Gambling Tax
January’s Gambling Tax
collections totalled $158k, which
is $27k or 20% above the same
month last year and is also above
the current month’s budget by
$15k or 11%.
Pull tabs overall had a 45%
increase, bingo had a 13%
increase, and card‐rooms are
seeing 25% higher in activities
when compared to the prior year.
Franchise Fees
Franchise Fees are due quarterly
in January, April, July, and
October. The year‐to‐date total
of $333k is $10k or 3% higher
than the prior year and is also
$31k or 10% above the projected
year‐to‐date budget.
2014 2015 2015
Actual Budget Actual $ % $ %
Jan 162,143$ 173,895$ 226,377$ 64,234$ 40% 52,482$ 30%
Feb 448,452 352,054
Mar 227,629 241,789
Apr 909,120 491,827
May 262,746 294,161
Jun 624,342 478,710
Jul 350,214 314,137
Aug 346,677 332,833
Sep 265,534 274,253
Oct 436,050 354,134
Nov 223,675 316,261
Dec 92,179 375,947
YTD Total 162,143$ 173,895$ 226,377$ 64,234$ 40% 52,482$ 30%
Annual Total 4,348,762$ 4,000,000$
Month
2015 vs. Budget2015 vs. 2014
Real Estate Excise Tax Revenues
Year to Date through January
2014 2015 2015
Actual Budget Actual $ % $ %
Jan 131,776$ 142,914$ 158,293$ 26,516$ 20% 15,379$ 11%
Feb 133,109 111,429 ‐
Mar 153,695 142,756 ‐
Apr 103,980 142,027 ‐
May 138,319 127,128 ‐
Jun 135,701 105,469 ‐
Jul 122,588 114,073 ‐
Aug 130,381 124,075 ‐
Sep 139,444 137,724 ‐
Oct 155,499 144,185 ‐
Nov 156,921 146,442 ‐
Dec 148,970 161,778 ‐
YTD Total 131,776$ 142,914$ 158,293$ 26,516$ 20% 15,379$ 11%
Annual Total 1,650,384$ 1,600,000$
2015 vs. 2014 2015 vs. Budget
Gambling Tax Revenue
Month
Year to Date through January
2014 2015 2015
Actual Budget Actual $ % $ %
Jan 323,121$ 302,491$ 333,343$ 10,222$ 3% 30,852$ 10%
Feb ‐ 95 ‐
Mar ‐ 424 ‐
Apr 323,544 301,608 ‐
Jul 324,273 303,714 ‐
Oct 321,828 305,167 ‐
Dec 49,502 46,502 ‐
YTD Total 323,121$ 302,491$ 333,343$ 10,222$ 3% 30,852$ 10%
Annual Total 1,342,269$ 1,260,000$
Month
2015 vs. 2014 2015 vs. Budget
Franchise Fees Revenue
Year to Date through January
Page 4 of 37
Monthly Financial Report January 2015
Admission Tax
Admission Tax returns are due
quarterly in January, April, July,
and October of each year.
January 2015 collections
represent activities conducted
during the 4th quarter of 2014.
The year‐to‐date collection of
$84k is $3k or 4% more than the
prior year and is also $2k or 2%
more than the budget.
Licenses and Permits
Building Permits and
Development Service Fees
Building Permits and
Development Service Fee
revenues totalled $261k in
January. This is $172k or 40% less
than the year before and is also
$157k or 38% lower than budget.
Business Licenses
Business Licenses totalled $102k
for January, which is $1k or 1%
below the same month last year
but is $3k or 3% above the current
month’s budget.
2014 2015 2015
Actual Budget Actual $ % $ %
Jan 80,243$ 81,652$ 83,675$ 3,432$ 4% 2,023$ 2%
Apr 74,163 72,512 ‐
Jun 145 73 ‐
Jul 79,130 83,619 ‐
Aug ‐ 38 ‐
Oct 76,631 81,433 ‐
Nov ‐ 598 ‐
Dec ‐ 75 ‐
YTD Total 80,243$ 81,652$ 83,675$ 3,432$ 4% 2,023$ 2%
Annual Total 310,311$ 320,000$
Month
2015 vs. 2014 2015 vs. Budget
Admission Tax Revenue
Year to Date through January
2014 2015 2015
Actual Budget Actual $ % $ %
Jan 432,890$ 417,515$ 260,603$ (172,288)$ ‐40% (156,913)$ ‐38%
Feb 412,317 354,160
Mar 388,190 373,356
Apr 374,004 408,228
May 349,590 404,850
Jun 516,689 448,800
Jul 288,957 333,738
Aug 300,184 353,949
Sep 369,040 343,237
Oct 393,023 463,224
Nov 239,983 351,665
Dec 454,368 427,027
YTD Total 432,890$ 417,515$ 260,603$ (172,288)$ ‐40% (156,913)$ ‐38%
Annual Total 4,519,234$ 4,679,749$
Building Permits and Development Service Fees
Year to Da te through January
2015 vs. Budget2015 vs. 2014
Month
2014 2015 2015
Actual Budget Actual $ % $ %
Jan 103,064$ 98,510$ 101,630$ (1,434)$ ‐1% 3,120$ 3%
Feb 25,013 32,600 ‐
Mar 5,421 8,867 ‐
Apr 97,104 99,158 ‐
May 15,091 24,049 ‐
Jun 7,444 6,525 ‐
Jul 109,369 80,396 ‐
Aug 16,430 22,656 ‐
Sep 5,290 4,729 ‐
Oct 108,777 108,602 ‐
Nov 18,991 16,050 ‐
Dec 3,562 3,858 ‐
YTD Total 103,064$ 98,510$ 101,630$ (1,434)$ ‐1% 3,120$ 3%
Annual Total 515,555$ 506,000$
Business Licenses
Mo nth
2015 vs. 2014
Year to Date through January
2015 vs. Budget
Page 5 of 37
Monthly Financial Report January 2015
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 88% of the total
revenues in this category.
The year‐to‐date total Intergovernmental revenue is $501k or 4% of the budget.
State Shared Revenues
State Shared Revenue
collections totalled $439k since
the start of the year.
Compared to the prior year,
State Shared Revenues are
below by $2k. Compared to
the projected budget, the City
is collecting $69k or 19% more.
The higher than expected
collection is due to the low
budget of Criminal Justice’s
High Crime.
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 73%
of the total revenue in this category. The year‐to‐date total charges for services are $524k or 7% of the budget. The following
sections provide detail information for Public Safety, Recreation, and Interfund Services.
Public Safety Services
Public Safety Services totalled
$59k 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 $59k or 50% less.
Compared to the year‐to‐date
budget, the City is over budget by
$8k or 16%. The large January
2014 variance is due to the timing
of when Valley Narcotics
Enforcement Team (VNET)
contributions are receipted. The
2014 2015 2015
Actual Budget Actual $ % $ %
Jan 117,639$ 50,388$ 58,509$ (59,130)$ ‐50% 8,121$ 16%
Feb 45,139 54,499 ‐
Mar 44,028 27,253 ‐
Apr 38,202 34,344 ‐
May 35,540 28,065 ‐
Jun 107,246 48,449 ‐
Jul 56,212 42,187 ‐
Aug 64,201 35,937 ‐
Sep 44,169 31,301 ‐
Oct 190,822 91,374 ‐
Nov 37,507 29,303 ‐
Dec 65,704 39,982 ‐
YTD Total 117,639$ 50,388$ 58,509$ (59,130)$ ‐50% 8,121$ 16%
Annual Total 846,409$ 513,081$
Month
2015 vs . 2014
Year to Date through January
Public Safety Services
2015 vs. Budget
Intergovernmental 2014 2015 Bgt YTD Act Change 2015/2014 2015 Act vs Bgt
Fire District #25 ‐$ ‐$ ‐$ ‐$ N/A $ ‐ N/A
Fire District #40 ‐ ‐ ‐ ‐ N/A ‐ N/A
State Shared Revenue 441,447 370,075 439,424 (2,022) 0% 69,349 19%
Federal Grants 357,891 5,632 5,632 (352,259) ‐98%‐ 0%
State Grants ‐ 0 ‐ ‐ N/A ‐ 0%
Other Grants/Intgovt 46,771 58,852 55,736 8,965 19% (3,116) ‐5%
ARRA Grants ‐ 0 ‐ ‐ N/A ‐ 0%
Total Rev YTD 846,109$ 434,560$ 500,793$ (345,316)$ ‐41%66,233$ 15%
Total Rev Annual 13,664,242$ 12,877,629$
YTD %6%3%4%
Note: Includes CJ Sales Tax and FD25 & FD40 contracts
2014 2015 2015
Actual Budget Actual $ % $ %
Crim Just Sales Tax 175,648$ 180,978$ 187,139$ 11,491$ 7% 6,161$ 3%
Judicial Contribution ‐ ‐ ‐ ‐ N/A ‐ N/A
Crim Just ‐ High Crime 63,559 ‐ 62,861 (698) ‐1% 62,861 100%
Crim Just ‐ Pop 5,947 5,767 6,345 398 7% 578 10%
Crim Just ‐ Spec Prog 22,008 21,437 23,311 1,303 6% 1,874 9%
State DUI 4,433 4,305 4,272 (161) ‐4% (33) ‐1%
Liquor Profits ‐ ‐ ‐ ‐ N/A ‐ N/A
Liquor Excise Tax 63,322 57,415 48,351 (14,971) ‐24% (9,064) ‐16%
Fuel Tax 106,529 100,173 107,145 616 1% 6,972 7%
YTD Total 441,447$ 370,075$ 439,424$ (2,022)$ 0% 69,349$ 19%
Annual Total 5,045,728$ 4,777,519$
2015 vs. Budget
State Shared Revenues
2015 vs. 2014
Revenue
Year to Date through January
Page 6 of 37
Monthly Financial Report January 2015
large June 2014 variance is due to staff reimbursement for training provided to the Basic Law Enforcement Academy. The large
October variance is due to staff reimbursement for the Oso mudslide.
Recreation
Recreation revenues totalled
$117k for the current month.
Compared to the same month the
prior year, the City collected $48k
or 68% more. Compared to the
projected monthly budget, the
City collected $48k or 70% more.
Interfund Services
The year‐to‐date collections for
Interfund Services revenues are
$265k. Compared to the prior
year, the revenues are under by
$37k or 12%. Compared to the
projected budget, the revenues
are above by $3k or 1%. 2015’s
monthly budgets are based on
1/12th of the annual budget. The
majority of these revenues are
related to indirect cost
allocations, which are internal
administrative costs. The
remaining costs consist of
Development Services division’s
inspection fees, Parks Planning
and Natural Resources division’s capital investment program reimbursements, Transportation division’s capital investment
program reimbursements, and Maintenance division’s street maintenance reimbursements.
2014 2015 2015
Actual Budget Actual $ % $ %
Jan 69,522$ 68,996$ 117,124$ 47,602$ 68% 48,128$ 70%
Feb 68,873 63,673 ‐
Mar 66,458 77,421 ‐
Apr 179,282 185,568 ‐
May 106,771 107,408 ‐
Jun 172,332 171,135 ‐
Jul 318,669 352,117 ‐
Aug 245,982 239,664 ‐
Sep 119,109 128,721 ‐
Oct 72,614 82,910 ‐
Nov 36,383 54,128 ‐
Dec 29,129 48,876 ‐
YTD Total 69,522$ 68,996$ 117,124$ 47,602$ 68% 48,128$ 70%
Annual Total 1,485,123$ 1,580,616$
Recreation
Year to Date through January
2015 vs. Budget2015 vs. 2014
Month
2014 2015 2015
Actual Budget Actual $ % $ %
Jan 301,808$ 262,285$ 265,068$ (36,741)$ ‐12% 2,783$ 1%
Feb 257,027 262,285 ‐
Mar 287,465 262,285 ‐
Apr 295,489 262,285 ‐
May 269,032 262,285 ‐
Jun 277,620 262,285 ‐
Jul 244,707 262,285 ‐
Aug 284,344 262,285 ‐
Sep 278,550 262,285 ‐
Oct 256,662 262,285 ‐
Nov 254,192 262,285 ‐
Dec 263,607 262,285 ‐
YTD Total 301,808$ 262,285$ 265,068$ (36,741)$ ‐12% 2,783$ 1%
Annual Total 3,270,503$ 3,147,416$
Interfund Services
Ye ar to Date through January
2015 vs. 2014 2015 vs. Budget
Month
Page 7 of 37
Monthly Financial Report January 2015
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
$125k. This is $12k or 9% lower
than a year ago and is also $56k
or 31% below the budget. The
reason for the variance with the
prior year and budget is due to a
change in accounting for
December 2014’s revenue. In the
past we would record December
through November, but starting in 2015 we are recording January through December.
Included in the Fines and Penalties revenue
budget is $2.2 million from the Photo
Enforcement program. The monthly budget is
based on the prior year’s revenue. The year‐
to‐date collections from this program equates
to $122k.
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 $1.1
million which is represented in the table. Due
to the timing of when the invoice was
received, January 2015’s equipment rental
costs should be recorded in March (along with February’s).
2014 2015 2015
Actual Budget Actual $ % $ %
Jan 136,762$ 180,526$ 124,856$ (11,906)$ ‐9% (55,670)$ ‐31%
Feb 151,470 241,215
Mar 203,482 285,153
Apr 263,785 357,892
May 208,436 298,306
Jun 224,214 299,729
Jul 205,103 271,908
Aug 258,728 261,362
Sep 247,480 243,883
Oct 239,990 262,728
Nov 287,406 292,068
Dec 256,092 325,729
YTD Total 136,762$ 180,526$ 124,856$ (11,906)$ ‐9% (55,670)$ ‐31%
Annual Total 2,682,948$ 3,320,500$
2015 vs. Budget2015 vs. 2014
Year to Date through January
Fines and Penalties by Month
Month
Year to Date through January
2014 2015 2015
Actual Budget Actual $ % $ %
Civil Penalties 578$ 579$ ‐$ (578)$ 0% (579)$ 0%
Civil Infraction Penalties 39,121 20,815 ‐ (39,121) 0% (20,815) 0%
Civil Parking Infraction Penalties 15,701 8,531 ‐ (15,701) 0% (8,531) 0%
Photo Enforcement Program 61,721 138,983 121,709 59,988 97% (17,274) ‐12%
Criminal Traffic Misdemeanor Fines 7,422 4,508 ‐ (7,422) 0% (4,508) 0%
Criminal Non‐Traffic Fines 3,049 1,654 ‐ (3,049) 0%(1,654) 0%
Criminal Costs 8,006 3,933 ‐ (8,006) 0% (3,933) 0%
Non‐Court Fines, Forfeitures and Penalties 1,165 1,523 3,147 1,983 170% 1,624 107%
YTD Total 136,762$ 180,526$ 124,856$ (11,906)$ ‐9% (55,670)$ ‐31%
Annual Total 2,682,948$ 3,320,500$
Revenue
2015 vs. Budget
Fines and Penalties by Type
2015 vs. 2014
Favorable
Budget Actual Budget Actual (Unfavorable)
1
Jan 138,983$ 121,709$ 93,410$ 30,160$ 91,549$
Feb 148,513 ‐ 93,410 ‐ ‐
Mar 168,263 ‐ 93,410 ‐ ‐
Apr 251,837 ‐ 93,410 ‐ ‐
May 200,513 ‐ 93,410 ‐ ‐
Jun 191,262 ‐ 93,410 ‐ ‐
Jul 193,937 ‐ 93,410 ‐ ‐
Aug 168,554 ‐ 93,410 ‐ ‐
Sep 153,716 ‐ 93,410 ‐ ‐
Oct 170,949 ‐ 93,410 ‐ ‐
Nov 199,054 ‐ 93,410 ‐ ‐
Dec 208,419 ‐ 93,410 ‐ ‐
YTD Total 138,983$ 121,709$ 93,410$ 30,160$ 91,549$
Annual Total 2,194,000$ 1,120,918$
1Actuals of Revenues and Expenses
ExpensesRevenues
Photo Enforcement Program
Year to Date through January
Month
Page 8 of 37
Monthly Financial Report January 2015
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 77% of
the total revenue in this category.
The year‐to‐date total
miscellaneous is $270k.
Compared to last year, the
revenues are above by $26k or
11%. Compared to the projected
year‐to‐date budget, the revenues
are over by $74k or 38%. The negative amount for July 2014 is due to a correction made to move interest earned from Utility
tax audits, originally recorded in June. The large variance in January 2015 and September 2014 is due to recording a trued up
asset interfund interest received from Surface Water Utility. This offsets the correction made to the acreage count Street
Maintenance pays to Surface Water. The table below page breaks out miscellaneous revenues by type.
Interest and other earnings are higher than the prior year and budget due to the interfund interest recorded from Surface
Water to Street Maintenance (prior year).
Other miscellaneous revenues are higher than the prior year and budget due to higher than expected utility late payment
penalties and miscellaneous fire reimbursements.
2014 2015 2015
Actual Budget Actual $ % $ %
Jan 243,963$ 195,249$ 269,664$ 25,701$ 11% 74,416$ 38%
Feb 99,547 79,392
Mar 126,132 138,941
Apr 70,094 79,092
May 107,650 134,915
Jun 257,714 214,161
Jul (21,407) 37,022
Aug 121,979 120,533
Sep 552,749 422,492
Oct 119,594 105,005
Nov 128,732 105,350
Dec 491,839 533,056
YTD Total 243,963$ 195,249$ 269,664$ 25,701$ 11% 74,416$ 38%
Annual Total 2,298,586$ 2,165,209$
Year to Date through January
Month
2015 vs. Budget2015 vs. 2014
Miscellaneous Revenues by Month
2014 2015 2015
Actual Budget Actual $ % $ %
Interests and Other Earnings 9,492$ 7,611$ 50,846$ 41,354$ 436% 43,235$ 568%
Rents, Leases, and Concessions 151,689 147,821 156,463 4,774 3% 8,641 6%
Contributions/Donations from Private Sources 5,625 2,854 7,247 1,622 29% 4,392 154%
Other 77,157 36,962 55,109 (22,048) ‐29% 18,147 49%
Seizure Funds ‐ Federal/State/Local1 ‐ ‐ ‐ ‐ N/A ‐ N/A
YTD Total 243,963$ 195,249$ 269,664$ 25,701$ 11% 74,416$ 38%
Annual Total 2,298,586$ 2,165,209$
1 Seizure Funds are categorized in Miscellaneous for 2013 and on.
2015 vs. Budget
Miscellaneous Revenues by Type
Year to Date through January
Revenue
2015 vs. 2014
Page 9 of 37
Monthly Financial Report January 2015
EXPENSES
Overall the City has expended 7% of its budgeted general governmental expenditures at the end of January. This is $706k or 8%
below year‐to‐date budgeted expenditures. See below for summary of unfavorable items for general governmental
departments.
Council is over the year‐to‐date budget by $6k or 21.8%. This is due to the timing of when the City pays for the annual National
League of Cities membership. In 2014, we paid for this membership in February.
City Attorney is over the year‐to‐date budget by $3k or 2.3%. This is due to vacancies in the prior 2 years that would skew the
current year‐to‐date budget. Salaries and benefits should be very close to the budget by year‐end.
Page 10 of 37
Monthly Financial Report January 2015
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. The negative beginning fund balance for the Golf
Course fund is due to receiving less than anticipated user fees in 2014. The City is currently working to address this issue for
2015 and on.
Airport Golf Course Solid Waste
Utility Water Utility Wastewater
Utility
Surface Water
Utility Metro
REVENUES:
Licenses and permits ‐ ‐ ‐ ‐ 4,750 1,750 ‐
Grants / intergovernmental ‐ ‐ ‐ ‐ ‐ ‐ ‐
Charges for services 8,023 66,931 1,648,273 1,164,226 789,783 994,720 1,239,276
Interdepartmental services ‐ ‐ ‐ ‐ ‐ ‐ ‐
Fines and penalties 517 ‐ ‐ ‐ ‐ ‐ ‐
Rents, leases, and misc fees 202,743 15,548 13,112 2,766 ‐ ‐ ‐
Interest and other misc 526 83 799 36,490 21,866 5,274 1,260
TOTAL REVENUES 211,809 82,562 1,662,184 1,203,482 816,399 1,001,744 1,240,536
EXPENSES:
Utility billing ‐ ‐ 10,852 8,123 7,833 12,646 ‐
Utility systems ‐ ‐ 196,622 272,226 250,160 217,778 ‐
Utility maintenance ‐ ‐ 21,640 334,641 121,281 204,263 1,291,126
Transportation 77,274 ‐ ‐ ‐ ‐ ‐ ‐
Golf ‐ 122,792 ‐ ‐ ‐ ‐ ‐
TOTAL EXPENSES 77,274 122,792 229,114 614,990 379,274 434,687 1,291,126
AMOUNT AVAILABLE FOR DEBT SERVICE 134,535 (40,230) 1,433,069 588,492 437,125 567,057 (50,590)
DEBT SERVICE:
Principal ‐ ‐ ‐ ‐ ‐ ‐ ‐
Interest ‐ ‐ ‐ ‐ ‐ 43,337 ‐
TOTAL DEBT SERVICE ‐ ‐ ‐ ‐ ‐ 43,337 ‐
CAPITAL PROJECTS ‐ ‐ ‐ 13,758 8,968 240,360 ‐
TRANSFERS IN/(OUT)‐ ‐ ‐ ‐ ‐ ‐ ‐
CHANGE IN FUND BALANCE 134,535 (40,230) 1,433,069 574,734 428,157 283,360 (50,590)
BEGINNING FUND BALANCE, Jan 1 806,821 (42,911) 1,545,606 15,872,094 7,589,089 7,804,221 3,316,310
ENDING FUND BALANCE, Jan 31 941,356 (83,141) 2,978,675 16,446,828 8,017,246 8,087,581 3,265,720
Page 11 of 37
Monthly Financial Report January 2015
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 ‐ 7,678 ‐ ‐ ‐ ‐ ‐
Grants / intergovernmental ‐ ‐ ‐ ‐ ‐ ‐ ‐
Charges for services
Equipment rental m&o 232,279 292,416 ‐ ‐ ‐ ‐ ‐
Print and mail ‐ 7,337 ‐ 35,039 ‐ ‐ ‐
Communications ‐ ‐ ‐ 47,550 ‐ ‐ ‐
Facilities ‐ ‐ 410,119 ‐ ‐ ‐ ‐
Data cards and cell phones ‐ 13,364 ‐ ‐ ‐ ‐ ‐
IT service contracts ‐ 41,038 ‐ ‐ ‐ ‐ ‐
Interest and other misc 2,043 797 472 151 4,573 2,535 2,929
Internal service fund misc:
Vehicle / equipment capital recovery 221,754 14,174 ‐ ‐ ‐ ‐ ‐
Insurance premiums ‐ ‐ ‐ ‐ 154,643 ‐ ‐
Worker's comp/unemployment ‐ ‐ ‐ ‐ 138,888 ‐ ‐
Benefit premiums ‐ ‐ ‐ ‐ ‐ 962,052 185,543
Other misc 103 ‐ 484 17 ‐ 98,510 ‐
Interfund Loan ‐ ‐ ‐ ‐ ‐ ‐ ‐
Capital contributions ‐ ‐ ‐ ‐ ‐ ‐ ‐
Disposal of capital assets ‐ ‐ ‐ ‐ ‐ ‐ ‐
Insurance recoveries ‐ ‐ ‐ ‐ 1,862 ‐ ‐
TOTAL REVENUES 456,179 376,804 411,075 82,757 299,966 1,063,097 188,472
EXPENSES:
Communications 36,977
Equipment rental 117,311
Facilities 262,084
Healthcare 948,883
Information technology 257,254
Print and mail 23,541
Retiree healthcare 49,927
Risk management:
Risk ma nagement 875,289
Unemployment ‐
Worker's compensation 145,077
TOTAL EXPENSES 117,311 257,254 262,084 60,518 1,020,366 948,883 49,927
AMOUNT AVAILABLE FOR CAPITAL 338,868 119,550 148,991 22,239 (720,400) 114,214 138,545
CAPITAL PROJECTS ‐ ‐ 8,461 ‐ ‐ ‐ ‐
TRANSFERS IN ‐ ‐ ‐ ‐ ‐ ‐ ‐
TRANSFERS (OUT)‐ ‐ ‐ ‐ ‐ ‐ ‐
CHANGE IN FUND BALANCE 338,868 119,550 140,530 22,239 (720,400) 114,214 138,545
BEGINNING FUND BALANCE, Jan 1 5,310,319 1,916,048 1,154,089 383,969 12,069,311 6,675,505 7,711,863
ENDING FUND BALANCE, Jan 31 5,649,187 2,035,598 1,294,619 406,208 11,348,911 6,789,719 7,850,408
Page 12 of 37
Monthly Financial Report January 2015
FUND BALANCE
Page 14 shows the ending fund balance as of January 2015. 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 January, the City has $15.2 million reported in the combined general governmental fund balance of the current
year’s operating budget, which is approximately 13% of budgeted operating expenditures. This is a decrease of $2.4 million
from the year’s beginning balance. January’s ending fund balance is over the anticipated General Governmental Fund Balance of
$10.4 million by $4.8 million or 45.5%. Although the ending fund balance is above projections, it is consistent with the prior
years’ trends.
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 37
Monthly Financial Report January 2015
City of Renton
All Funds ‐ Revenue, Expenditures and Fund Balances
Cash Basis through January 31, 2015
Funds
Balance
01/01/2015
Budgeted
Revenue
Revenue
01/31/15
Total Funds
Available
Budgeted
Expenditure
Expenditure
01/31/15 Ending Balance
GENERAL GOVERNMENT FUNDS: 17,565,282 112,867,002 5,697,180 23,262,462 112,941,443 8,067,548 15,194,914
000 General 11,159,313 83,402,440 4,378,118 15,537,431 83,490,932 6,529,638 9,007,793
001 Community Services 2,467,703 12,284,640 623,445 3,091,148 12,284,640 770,539 2,320,610
003 Street 2,147,229 10,096,711 477,010 2,624,239 10,096,711 688,386 1,935,853
004 Community Dev Block Grant 74,951 307,462 ‐ 74,951 293,358 8,476 66,475
005 Museum 65,500 227,761 25 65,525 227,761 18,605 46,920
009 Farmers Market 104,950 59,400 855 105,805 59,453 3,765 102,040
011 Fire Health & Wellness 74,565 25,000 3,734 78,299 25,000 ‐ 78,299
201 Ltd GO Bonds Gen Govt Debt 838,633 1,749,405 318 838,951 1,749,405 ‐ 838,951
215 Gen Govt Misc Debt S ervice 632,438 4,714,183 213,676 846,114 4,714,183 48,139 797,975
SPECIAL REVENUE FUNDS:1,100,381 1,786,631 111,587 1,211,968 1,749,027 23,308 1,188,660
102 Arterial Street 14,885 640,000 50,426 65,311 640,000 ‐ 65,311
108 Leased City Properties 121,014 768,957 31,628 152,642 663,403 20,988 131,654
110 Hotel Motel 219,090 265,000 15,750 234,840 245,000 2,320 232,520
125 1% For Art 101,380 15,000 39 101,419 102,950 ‐ 101,419
127 Cable Communication 313,090 97,674 13,619 326,709 97,674 ‐ 326,709
135 Springbrook Wetlands Bank 330,922 ‐ 125 331,047 ‐ ‐ 331,047
CAPITAL PROJECT FUNDS (CIP):27,979,966 16,913,628 663,237 28,643,203 18,086,630 152,250 28,490,953
303 Community Dev Mitigation 1,238,600 86,500 3,359 1,241,959 ‐ ‐ 1,241,959
304 Fire Mitigation 926,488 99,000 1,790 928,278 250,000 ‐ 928,278
305 Transportation Mitigation 844,648 216,500 25,526 870,174 196,000 ‐ 870,174
316 Municipal Facilities CIP 4,493,986 3,344,000 214,813 4,708,799 3,366,000 53,403 4,655,396
317 Transportation CIP 4,059,718 13,167,628 410,747 4,470,465 14,274,630 34,468 4,435,997
326 Housing Opportunity 1,086,766 ‐ 413 1,087,179 ‐ ‐ 1,087,179
336 New Library Development 15,329,760 ‐ 6,589 15,336,349 ‐ 64,379 15,271,970
ENTERPRISE FUNDS:36,891,230 77,167,168 6,222,877 43,114,107 76,362,879 3,459,841 39,654,266
4X2 Airport Operating & CIP 806,821 2,651,020 211,809 1,018,630 2,260,529 77,274 941,356
403 Solid Waste Utility 1,545,606 16,461,726 1,662,184 3,207,790 16,675,139 229,114 2,978,676
4X4 Golf Operating & CIP (42,911) 2,655,383 86,724 43,813 2,616,052 126,955 (83,142)
4X5 Water Operating & CIP 15,872,094 16,272,634 1,203,481 17,075,575 16,737,381 628,747 16,446,828
4X6 Waste Water Operating & CIP 7,589,089 10,487,717 816,399 8,405,488 9,688,076 388,242 8,017,246
416 King County Metro 3,316,310 16,638,722 1,240,536 4,556,846 16,638,722 1,291,126 3,265,720
4X7 Surface Water Operating & CIP 7,804,221 11,999,966 1,001,744 8,805,965 11,746,980 718,383 8,087,582
INTERNAL SERVICE FUNDS:35,221,104 35,246,283 2,878,351 38,099,455 34,193,238 2,724,804 35,374,651
501 Equipment Repair/Replacement 5,310,319 5,764,536 456,179 5,766,498 5,507,047 117,311 5,649,187
502 Insurance 12,069,311 4,341,647 299,967 12,369,278 3,594,578 1,020,366 11,348,912
503 Information Services 1,916,048 4,631,231 376,804 2,292,852 4,641,865 257,254 2,035,598
504 Facilities 1,154,089 4,922,003 411,075 1,565,164 4,918,001 270,545 1,294,619
505 Communications 383,969 992,431 82,757 466,726 991,430 60,518 406,208
512 Insurance, Healthcare 6,675,505 12,954,736 1,063,097 7,738,602 13,424,573 948,883 6,789,719
522 Insurance, Leoff1 Retirees HC 7,711,863 1,639,699 188,472 7,900,335 1,115,744 49,927 7,850,408
FIDUCIARY FUNDS:5,040,982 468,000 977 5,041,959 210,475 18,270 5,023,689
611 Firemen's Pension 5,040,982 468,000 977 5,041,959 210,475 18,270 5,023,689
TOTAL FUNDS 123,798,945 244,448,712 15,574,209 139,373,154 243,543,692 14,446,021 124,927,133
Page 14 of 37
City of Renton
General Government Financial Position
2015 Budget Year
General Government Summary
Revenues Expenditures
$ Difference
over (under)
w/beginning
balance
17,565,282
January 5,697,180 8,067,548 (2,370,368) 15,194,914
February
March
April
May
June
July
August
September
October
November
December
(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)
‐
‐
10,000,000
20,000,000
30,000,000
40,000,000
50,000,000
60,000,000
70,000,000
80,000,000
90,000,000
100,000,000
110,000,000
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Change in Fund
Balance
Rev/Exp Revenues
Expenditures
Change in Fund Balance
Page 15 of 37
City of Renton
Monthly Revenue Analysis ‐ 2015 Budget Year
General
Government Budget
YTD
Actual
Annual %
over (under)
Jan 5,705,609 5,697,180 ‐0.15%
Feb 12,215,566
Mar 18,607,293
Apr 33,396,164
May 49,675,855
Jun 55,631,905
Jul 62,045,151
Aug 68,323,476
Sep 74,730,836
Oct 90,732,794
Nov 105,492,482
Dec 112,867,002
Percent of budget 5.05%
Property Tax Budget
YTD
Actual
Annual %
over (under)
Jan 27,853 67,234 141.39%
Feb 320,628
Mar 1,386,683
Apr 9,424,178
May 17,968,476
Jun 17,986,266
Jul 18,513,875
Aug 18,941,825
Sep 19,457,794
Oct 28,804,271
Nov 35,032,115
Dec 36,040,000
Percent of budget 0.19%
$‐
$10
$20
$30
$40
$50
$60
$70
$80
$90
$100
$110
$120
Millions
Total Revenue
General Government
Budget
Actual
Last Year
$(3)
$‐
$3
$6
$9
$12
$15
$18
$21
$24
$27
$30
$33
$36
Millions Property Tax
Budget
Actual
Last Year
Page 16 of 37
City of Renton
Monthly Revenue Analysis ‐ 2015 Budget Year
Sales Tax Budget
YTD
Actual
Annual %
over (under)
Jan 1,930,372 1,966,653 1.88%
Feb 4,312,924
Mar 6,156,744
Apr 8,019,181
May 10,179,318
Jun 12,126,605
Jul 14,093,945
Aug 16,267,801
Sep 18,318,344
Oct 20,462,487
Nov 22,646,995
Dec 24,759,699
Percent of budget 7.94%
Note: Excludes CJ Sales Tax and Natural Gas Use Tax.
Utility Tax Budget
YTD
Actual
Annual %
over (under)
Jan 1,356,778 1,199,348 ‐11.60%
Feb 2,878,750
Mar 4,317,117
Apr 5,729,999
May 7,119,133
Jun 8,428,489
Jul 9,615,321
Aug 10,918,003
Sep 12,261,431
Oct 13,424,645
Nov 14,658,198
Dec 16,173,734
Percent of budget 7.42%
Note: Includes Natural Gas Use Tax.
$‐
$3
$6
$9
$12
$15
$18
$21
$24
Millions Sales Tax
Budget
Actual
Last Year
$‐
$2
$4
$6
$8
$10
$12
$14
$16
Millions Utility Tax
Budget
Actual
Last Year
Page 17 of 37
City of Renton
Monthly Revenue Analysis ‐ 2015 Budget Year
Licenses &
Permits Budget
YTD
Actual
Annual %
over (under)
Jan 401,666 299,656 ‐25.40%
Feb 703,556
Mar 936,587
Apr 1,341,646
May 1,662,501
Jun 2,022,387
Jul 2,361,559
Aug 2,657,556
Sep 2,918,335
Oct 3,399,093
Nov 3,693,994
Dec 3,911,417
Percent of budget 7.66%
Note: Franchise Fees
Intergovt'l Budget
YTD
Actual
Annual %
over (under)
Jan 434,559 500,793 15.24%
Feb 1,208,870
Mar 1,700,090
Apr 2,708,048
May 5,218,899
Jun 5,870,657
Jul 6,432,481
Aug 7,007,176
Sep 7,674,784
Oct 8,685,919
Nov 12,247,938
Dec 12,877,629
Percent of budget 3.89%
Note: Includes CJ Sales Tax and FD25 & FD40 contracts
$‐
$1
$2
$3
$4
$5
$6
$7
$8
$9
$10
$11
$12
$13
Millions
Intergovernmental
Budget
Actual
Last Year
$‐
$0.50
$1.00
$1.50
$2.00
$2.50
$3.00
$3.50
$4.00
Millions Licenses & Permits
Budget
Actual
Last Year
Page 18 of 37
City of Renton
Monthly Revenue Analysis ‐ 2015 Budget Year
Charges for
Services Budget
YTD
Actual
Annual %
over (under)
Jan 534,248 523,882 ‐1.94%
Feb 1,045,979
Mar 1,605,315
Apr 2,237,065
May 2,787,340
Jun 3,406,478
Jul 4,183,462
Aug 4,839,746
Sep 5,375,897
Oct 5,947,939
Nov 6,408,613
Dec 7,009,814
Percent of budget 7.47%
Note: Excludes FD25 & FD40 contracts
Fines &
Forfeits Budget
YTD
Actual
Annual %
over (under)
Jan 180,526 124,856 ‐30.84%
Feb 421,742
Mar 706,895
Apr 1,064,787
May 1,363,093
Jun 1,662,822
Jul 1,934,730
Aug 2,196,092
Sep 2,439,975
Oct 2,702,703
Nov 2,994,771
Dec 3,320,500
Percent of budget 3.76%
$‐
$1
$2
$3
$4
$5
$6
$7
$8
Millions Charges for Services
Budget
Actual
Last Year
$‐
$0.50
$1.00
$1.50
$2.00
$2.50
$3.00
$3.50
Millions Fines & Forfeits
Budget
Actual
Last Year
Page 19 of 37
City of Renton
Monthly Revenue Analysis ‐ 2015 Budget Year
Other Taxes Budget
YTD
Actual
Annual %
over (under)
Jan 644,357 745,094 15.63%
Feb 1,048,477
Mar 1,372,072
Apr 2,360,868
May 2,705,211
Jun 3,242,156
Jul 3,986,710
Aug 4,377,660
Sep 4,721,202
Oct 5,563,642
Nov 5,934,771
Dec 6,359,000
Percent of budget 11.72%
Misc Budget
YTD
Actual
Annual %
over (under)
Jan 195,249 269,664 38.11%
Feb 274,641
Mar 413,582
Apr 492,674
May 627,590
Jun 841,751
Jul 878,773
Aug 999,306
Sep 1,421,798
Oct 1,526,803
Nov 1,632,153
Dec 2,165,209
Percent of budget 12.45%
$‐
$0.50
$1.00
$1.50
$2.00
$2.50
Millions Miscellaneous
Budget
Actual
Last Year
$‐
$1
$2
$3
$4
$5
$6
$7
Millions Other Taxes
Budget
Actual
Last Year
Page 20 of 37
City of Renton
Monthly Revenue Analysis ‐ 2015 Budget Year
Other
Financing Budget
YTD
Actual
Annual %
over (under)
Jan ‐ ‐ N/A
Feb ‐
Mar 12,208
Apr 17,718
May 44,295
Jun 44,295
Jul 44,295
Aug 118,310
Sep 141,275
Oct 215,293
Nov 242,935
Dec 250,000
Percent of budget 0.00%
$0
$50,000
$100,000
$150,000
$200,000
$250,000
Other Financing Sources
Budget
Actual
Last Year
Page 21 of 37
City of Renton
Monthly Revenue Analysis ‐ 2015 Budget Year
REET Budget
YTD
Actual
Annual %
over (under)
Jan 173,895 226,377 30.18%
Feb 525,948
Mar 767,737
Apr 1,259,565
May 1,553,725
Jun 2,032,436
Jul 2,346,573
Aug 2,679,405
Sep 2,953,658
Oct 3,307,792
Nov 3,624,053
Dec 4,000,000
Percent of budget 5.66%
Bldg Permits
& Devlpmt Svc
Fees Budget
YTD
Actual
Annual %
over (under)
Jan 417,515 260,603 ‐37.58%
Feb 771,675
Mar 1,145,031
Apr 1,553,259
May 1,958,109
Jun 2,406,908
Jul 2,740,646
Aug 3,094,595
Sep 3,437,832
Oct 3,901,056
Nov 4,252,721
Dec 4,679,749
Percent of budget 5.57%
$‐
$0.50
$1.00
$1.50
$2.00
$2.50
$3.00
$3.50
$4.00
$4.50
Millions
Real Estate Excise Tax
Budget
Actual
Last Year
$‐
$0.50
$1.00
$1.50
$2.00
$2.50
$3.00
$3.50
$4.00
$4.50
$5.00
Millions Building Permits and Development Service
Fees
Budget
Actual
Last Year
Page 22 of 37
City of Renton
Monthly Expenditure Analysis ‐ 2015 Budget Year
General
Government Budget
YTD
Actual
Annual %
over (under)
Jan 8,773,402 8,067,548 ‐8.05%
Feb 18,443,083
Mar 27,580,829
Apr 36,778,256
May 45,904,457
Jun 54,971,296
Jul 64,735,249
Aug 74,435,023
Sep 83,873,894
Oct 93,001,464
Nov 102,103,460
Dec 112,941,443
Percent of budget expended 7.14%
Legislative Budget
YTD
Actual
Annual %
over (under)
Jan 26,298 32,033 21.81%
Feb 58,089
Mar 87,938
Apr 115,765
May 142,930
Jun 171,000
Jul 198,534
Aug 225,314
Sep 252,423
Oct 279,819
Nov 307,043
Dec 335,838
Percent of budget expended 9.54%
$‐
$10
$20
$30
$40
$50
$60
$70
$80
$90
$100
$110
$120
Millions
Total Expenditures
General Government
Budget
Actual
Last Year
$‐
$50,000
$100,000
$150,000
$200,000
$250,000
$300,000
$350,000
Legislative
Budget
Actual
Last Year
Page 23 of 37
City of Renton
Monthly Expenditure Analysis ‐ 2015 Budget Year
Executive Budget
YTD
Actual
Annual %
over (under)
Jan 93,133 80,465 ‐13.60%
Feb 223,666
Mar 356,201
Apr 496,186
May 627,404
Jun 746,113
Jul 876,670
Aug 1,011,592
Sep 1,135,375
Oct 1,263,928
Nov 1,387,811
Dec 1,547,993
Percent of budget expended 5.20%
City Attorney Budget
YTD
Actual
Annual %
over (under)
Jan 147,754 151,100 2.27%
Feb 300,008
Mar 452,011
Apr 612,052
May 767,231
Jun 934,548
Jul 1,092,795
Aug 1,255,535
Sep 1,423,372
Oct 1,584,730
Nov 1,745,168
Dec 2,001,421
Percent of budget expended 7.55%
$‐
$0.30
$0.60
$0.90
$1.20
$1.50
$1.80
Millions Executive
Budget
Actual
Last Year
$‐
$0.40
$0.80
$1.20
$1.60
$2.00
Millions City Attorney
Budget
Actual
Last Year
Page 24 of 37
City of Renton
Monthly Expenditure Analysis ‐ 2015 Budget Year
Court Services Budget
YTD
Actual
Annual %
over (under)
Jan 163,780 151,935 ‐7.23%
Feb 332,997
Mar 502,531
Apr 684,804
May 854,181
Jun 1,037,941
Jul 1,212,999
Aug 1,384,848
Sep 1,557,248
Oct 1,728,007
Nov 1,892,187
Dec 2,111,321
Percent of budget expended 7.20%
CED Admin Budget
YTD
Actual
Annual %
over (under)
Jan 88,213 88,408 0.22%
Feb 176,420
Mar 264,916
Apr 354,961
May 443,442
Jun 532,479
Jul 621,626
Aug 710,658
Sep 799,865
Oct 889,181
Nov 977,850
Dec 1,077,608
Percent of budget expended 8.20%
$‐
$0.20
$0.40
$0.60
$0.80
$1.00
$1.20
$1.40
$1.60
$1.80
$2.00
$2.20
Millions Court Services
Budget
Actual
Last Year
$‐
$0.20
$0.40
$0.60
$0.80
$1.00
$1.20
Millions
Community & Economic
Development Admin
Budget
Actual
Last Year
Page 25 of 37
City of Renton
Monthly Expenditure Analysis ‐ 2015 Budget Year
Development
Services Budget
YTD
Actual
Annual %
over (under)
Jan 241,499 201,493 ‐16.57%
Feb 470,308
Mar 716,652
Apr 983,852
May 1,225,761
Jun 1,467,752
Jul 1,708,759
Aug 1,966,546
Sep 2,186,420
Oct 2,426,496
Nov 2,662,593
Dec 2,914,321
Percent of budget expended 6.91%
Economic
Development Budget
YTD
Actual
Annual %
over (under)
Jan 84,840 43,127 ‐49.17%
Feb 122,587
Mar 185,917
Apr 251,626
May 307,009
Jun 377,269
Jul 460,326
Aug 538,006
Sep 610,514
Oct 681,260
Nov 748,259
Dec 848,340
Percent of budget expended 5.08%
$‐
$0.50
$1.00
$1.50
$2.00
$2.50
$3.00
Millions
Development Services
Budget
Actual
Last Year
$‐
$0.10
$0.20
$0.30
$0.40
$0.50
$0.60
$0.70
$0.80
$0.90
Millions
Economic Development
Budget
Actual
Last Year
Page 26 of 37
City of Renton
Monthly Expenditure Analysis ‐ 2015 Budget Year
Planning Budget
YTD
Actual
Annual %
over (under)
Jan 167,736 197,905 17.99%
Feb 356,139
Mar 552,295
Apr 756,300
May 959,551
Jun 1,172,670
Jul 1,395,010
Aug 1,628,930
Sep 1,860,563
Oct 2,098,441
Nov 2,314,495
Dec 2,561,536
Percent of budget expended 7.73%
Finance Budget
YTD
Actual
Annual %
over (under)
Jan 173,682 171,705 ‐1.14%
Feb 349,801
Mar 535,847
Apr 732,791
May 925,150
Jun 1,177,529
Jul 1,398,007
Aug 1,642,462
Sep 1,853,414
Oct 2,043,444
Nov 2,229,526
Dec 2,795,120
Percent of budget expended 6.14%
$‐
$0.40
$0.80
$1.20
$1.60
$2.00
$2.40
$2.80
Millions Finance
Budget
Actual
Last Year
$‐
$0.50
$1.00
$1.50
$2.00
$2.50
$3.00
Millions
Planning
Budget
Actual
Last Year
Page 27 of 37
City of Renton
Monthly Expenditure Analysis ‐ 2015 Budget Year
City Clerk Budget
YTD
Actual
Annual %
over (under)
Jan 62,327 55,655 ‐10.71%
Feb 154,117
Mar 292,896
Apr 363,579
May 551,378
Jun 612,495
Jul 674,452
Aug 745,168
Sep 810,502
Oct 876,269
Nov 938,389
Dec 1,091,558
Percent of budget expended 5.10%
Includes Hearing Examiner
Human
Resources Budget
YTD
Actual
Annual %
over (under)
Jan 92,234 66,108 ‐28.33%
Feb 191,724
Mar 299,478
Apr 419,831
May 520,778
Jun 633,337
Jul 740,272
Aug 851,182
Sep 962,393
Oct 1,068,605
Nov 1,178,873
Dec 1,316,577
Percent of budget expended 5.02%
$‐
$0.20
$0.40
$0.60
$0.80
$1.00
$1.20
$1.40
Millions Human Resources
Budget
Actual
Last Year
$‐
$0.20
$0.40
$0.60
$0.80
$1.00
$1.20
Millions City Clerk
Budget
Actual
Last Year
Page 28 of 37
City of Renton
Monthly Expenditure Analysis ‐ 2015 Budget Year
Police Budget
YTD
Actual
Annual %
over (under)
Jan 2,829,170 2,696,824 ‐4.68%
Feb 5,331,889
Mar 8,121,880
Apr 10,609,085
May 13,421,593
Jun 16,038,735
Jul 18,875,223
Aug 21,353,692
Sep 24,203,091
Oct 26,722,308
Nov 29,509,822
Dec 32,467,334
Percent of budget expended 8.31%
Fire &
Emergency
Services Budget
YTD
Actual
Annual %
over (under)
Jan 2,491,643 2,067,851 ‐17.01%
Feb 5,125,717
Mar 7,248,974
Apr 9,379,249
May 11,416,898
Jun 13,542,860
Jul 15,720,061
Aug 18,079,575
Sep 20,227,876
Oct 22,397,733
Nov 24,547,971
Dec 26,876,976
Percent of budget expended 7.69%
$‐
$3
$6
$9
$12
$15
$18
$21
$24
$27
$30
$33
Millions Police
Budget
Actual
Last Year
$‐
$3
$6
$9
$12
$15
$18
$21
$24
$27
Millions Fire & Emergency Services
Budget
Actual
Last Year
Page 29 of 37
City of Renton
Monthly Expenditure Analysis ‐ 2015 Budget Year
Community
Services Admin Budget
YTD
Actual
Annual %
over (under)
Jan 42,784 41,417 ‐3.20%
Feb 87,835
Mar 135,661
Apr 181,130
May 224,432
Jun 268,602
Jul 313,725
Aug 357,711
Sep 401,843
Oct 445,361
Nov 492,475
Dec 545,712
Percent of budget expended 7.59%
Parks Budget
YTD
Actual
Annual %
over (under)
Jan 320,611 291,345 ‐9.13%
Feb 662,569
Mar 1,011,282
Apr 1,390,703
May 1,776,757
Jun 2,191,915
Jul 2,640,750
Aug 3,128,904
Sep 3,592,085
Oct 4,027,374
Nov 4,407,027
Dec 4,794,754
Percent of budget expended 6.08%
$‐
$0.50
$1.00
$1.50
$2.00
$2.50
$3.00
$3.50
$4.00
$4.50
$5.00
Millions Parks
Budget
Actual
Last Year
$0
$100,000
$200,000
$300,000
$400,000
$500,000
$600,000
Community Services Admin
Budget
Actual
Last Year
Page 30 of 37
City of Renton
Monthly Expenditure Analysis ‐ 2015 Budget Year
Parks Planning
and Natural
Resources Budget
YTD
Actual
Annual %
over (under)
Jan 44,490 46,145 3.72%
Feb 91,953
Mar 149,893
Apr 204,875
May 272,098
Jun 326,132
Jul 390,482
Aug 450,693
Sep 516,652
Oct 578,809
Nov 645,319
Dec 798,301
Percent of budget expended 5.78%
Recreation Budget
YTD
Actual
Annual %
over (under)
Jan 314,595 338,282 7.53%
Feb 674,027
Mar 1,038,567
Apr 1,416,679
May 1,774,643
Jun 2,177,027
Jul 2,840,460
Aug 3,538,644
Sep 4,068,609
Oct 4,421,871
Nov 4,779,294
Dec 5,200,923
Percent of budget expended 6.50%
$‐
$100,000
$200,000
$300,000
$400,000
$500,000
$600,000
$700,000
$800,000
Parks Planning and Natural Resources
Budget
Actual
Last Year
$0.00
$0.50
$1.00
$1.50
$2.00
$2.50
$3.00
$3.50
$4.00
$4.50
$5.00
$5.50
Millions Recreation
Budget
Actual
Last Year
Page 31 of 37
City of Renton
Monthly Expenditure Analysis ‐ 2015 Budget Year
Human
Services Budget
YTD
Actual
Annual %
over (under)
Jan 48,370 46,455 ‐3.96%
Feb 140,421
Mar 241,783
Apr 375,238
May 457,411
Jun 516,776
Jul 651,597
Aug 738,983
Sep 789,632
Oct 933,439
Nov 1,005,972
Dec 1,199,977
Percent of budget expended 3.87%
Neighborhoods
, Resources,
and Events Budget
YTD
Actual
Annual %
over (under)
Jan 69,628 57,115 ‐17.97%
Feb 155,933
Mar 227,109
Apr 298,524
May 363,585
Jun 447,759
Jul 561,420
Aug 649,367
Sep 727,116
Oct 805,119
Nov 890,187
Dec 1,004,403
Percent of budget expended 5.69%
$‐
$0.20
$0.40
$0.60
$0.80
$1.00
$1.20
Millions Human Services
Budget
Actual
Last Year
$‐
$100,000
$200,000
$300,000
$400,000
$500,000
$600,000
$700,000
$800,000
$900,000
$1,000,000
Neighborhoods, Resources, and Events
Budget
Actual
Last Year
Page 32 of 37
City of Renton
Monthly Expenditure Analysis ‐ 2015 Budget Year
Museum Fund Budget
YTD
Actual
Annual %
over (under)
Jan 18,126 18,605 2.64%
Feb 36,275
Mar 54,386
Apr 73,431
May 92,462
Jun 111,827
Jul 131,075
Aug 150,608
Sep 169,866
Oct 189,289
Nov 208,614
Dec 227,761
Percent of budget expended 8.17%
Public Works
Admin Budget
YTD
Actual
Annual %
over (under)
Jan 34,823 31,422 ‐9.77%
Feb 69,626
Mar 104,435
Apr 141,243
May 175,830
Jun 208,809
Jul 240,160
Aug 271,809
Sep 303,553
Oct 334,125
Nov 364,445
Dec 395,867
Percent of budget expended 7.94%
$‐
$50,000
$100,000
$150,000
$200,000
$250,000
$300,000
$350,000
$400,000
Public Works Admin
Budget
Actual
Last Year
$‐
$30,000
$60,000
$90,000
$120,000
$150,000
$180,000
$210,000
$240,000
Museum Fund
Budget
Actual
Last Year
Page 33 of 37
City of Renton
Monthly Expenditure Analysis ‐ 2015 Budget Year
Street
Maintenance Budget
YTD
Actual
Annual %
over (under)
Jan 382,080 387,644 1.46%
Feb 809,811
Mar 1,195,144
Apr 1,693,091
May 2,113,391
Jun 2,542,593
Jul 2,966,489
Aug 3,391,442
Sep 3,831,008
Oct 4,318,388
Nov 4,741,692
Dec 5,181,713
Percent of budget expended 7.48%
Transportation Budget
YTD
Actual
Annual %
over (under)
Jan 331,818 300,741 ‐9.37%
Feb 732,656
Mar 1,122,260
Apr 1,666,230
May 2,019,256
Jun 2,369,583
Jul 2,764,552
Aug 3,209,295
Sep 3,542,156
Oct 3,944,894
Nov 4,291,620
Dec 4,914,998
Percent of budget expended 6.12%
$‐
$1.00
$2.00
$3.00
$4.00
$5.00
$6.00
Millions Street Maintenance
Budget
Actual
Last Year
$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
Page 34 of 37
City of Renton
Monthly Expenditure Analysis ‐ 2015 Budget Year
Debt Service Budget
YTD
Actual
Annual %
over (under)
Jan 48,139 48,139 0.00%
Feb 1,077,265
Mar 1,615,897
Apr 2,154,529
May 2,693,162
Jun 3,231,794
Jul 3,770,426
Aug 4,309,059
Sep 4,847,691
Oct 5,386,323
Nov 5,924,956
Dec 6,463,588
Percent of budget expended 0.74%
Non‐
Departmental
Other City Budget
YTD
Actual
Annual %
over (under)
Jan 455,629 455,629 0.00%
Feb 711,250
Mar 1,066,875
Apr 1,422,501
May 1,778,126
Jun 2,133,751
Jul 2,489,376
Aug 2,845,001
Sep 3,200,626
Oct 3,556,252
Nov 3,911,877
Dec 4,267,502
Percent of budget expended 10.68%
$‐
$1.00
$2.00
$3.00
$4.00
$5.00
$6.00
$7.00
$8.00
$9.00
$10.00
Millions Non‐Departmental Other City Services
Budget
Actual
Last Year
$‐
$1
$2
$3
$4
$5
$6
$7
$8
$9
Millions Debt Service
Budget
Actual
Last Year
Page 35 of 37
City of Renton
Monthly Enterprise Fund Financial Report ‐ 2015 Budget Year
Utilities Budget Revenue Expense
Jan 4,153,122 5,924,339 3,255,611
Feb 9,001,940
Mar 14,128,728
Apr 19,036,527
May 24,436,893
Jun 30,620,233
Jul 37,038,155
Aug 42,835,943
Sep 49,169,309
Oct 54,835,630
Nov 60,174,394
Dec 71,486,298
Percent of budget expended 3.76%
Note: Operations and Capital
Airport Budget Revenue Expense
Jan 52,738 211,809 77,274
Feb 229,489
Mar 595,740
Apr 685,098
May 848,241
Jun 936,763
Jul 1,185,625
Aug 1,283,302
Sep 1,589,106
Oct 1,718,861
Nov 1,930,107
Dec 2,260,529
Percent of budget expended 3.42%
Note: Operations and Capital
$0
$10
$20
$30
$40
$50
$60
$70
$80
Millions Utilities
Budget
Revenue
Expense
$‐
$0.50
$1.00
$1.50
$2.00
$2.50
Millions Airport
Budget
Revenue
Expense
Page 36 of 37
City of Renton
Monthly Enterprise Fund Financial Report ‐ 2015 Budget Year
Golf Course Budget Revenue Expense
Jan 136,222 86,725 126,955
Feb 267,568
Mar 424,001
Apr 608,130
May 756,759
Jun 959,820
Jul 1,153,686
Aug 1,493,111
Sep 1,741,845
Oct 1,899,744
Nov 2,046,993
Dec 2,616,052
Percent of budget expended 4.85%
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 37 of 37