HomeMy WebLinkAbout201505, May.pdf ADMINISTRATIVE SERVICES
DEPARTMENT
M E M O R A N D U M
DATE: June 30, 2015
TO: Ed Prince, Council President
Members of the Renton City Council
CC: Denis Law, Mayor
Administrators
FROM: Hai Nguyen, Sr. Finance Analyst
SUBJECT: May 2015 Financial Status Report
At the end of May, general governmental revenues show $1.3 million or 2% over budget.
Revenue sources that are higher than expected are: property tax ($1.1 million); sales tax
($256k); sales tax annexation credit ($103k); state shared revenues ($274k); gambling taxes
($236k); public safety ($171k); interest/other earnings ($216k); and other miscellaneous
($105k). On the down side, the revenue sources that are underperforming the year to date
budget are: utility taxes ($494k below); building permit & development service fees ($203k
below); recreation ($164k below); and fines/penalties ($246k below).
General government expenditures showed a favorable variance of $1.5 million or 2.7%. 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
$%
Beginning Fund Balance 15,575,840$ 15,575,840$ 17,454,262$ 17,454,262$ 17,565,282$ 17,565,282$ 17,565,282$ ‐ 0.0%
OPERATING REVENUES
Property Tax 32,485,690 16,765,551 35,295,390 18,201,961 36,040,000 17,968,476 19,057,443 1,088,966 6.1%
Sales Tax 20,416,372 8,361,849 21,512,379 8,566,897 22,239,731 9,164,819 9,421,223 256,404 2.8%
Sales Tax ‐ Annexation Credit 2,418,789 989,496 2,542,394 1,007,797 2,519,968 1,014,498 1,117,529 103,031 10.2%
Criminal Justice Sales Tax 2,091,174 840,766 2,267,947 904,495 2,305,519 923,060 991,298 68,238 7.4%
Natural Gas Use Tax 263,660 131,501 271,485 165,650 300,000 183,049 122,782 (60,267) ‐32.9%
Admission Tax 327,258 152,751 310,311 154,406 320,000 154,164 151,784 (2,380) ‐1.5%
Franchise Fees 1,312,727 627,348 1,342,269 646,666 1,260,000 604,617 668,561 63,944 10.6%
Electricity Tax 5,155,789 2,331,661 5,167,444 2,405,672 5,365,536 2,462,245 2,075,204 (387,040) ‐15.7%
Natural Gas Utility Tax 1,550,900 931,874 1,562,341 986,048 1,550,900 955,437 853,281 (102,156) ‐10.7%
Garbage/Solid Waste 397,596 163,924 573,457 236,948 400,000 165,129 238,557 73,429 44.5%
TV Cable 1,481,779 585,437 1,518,821 609,004 1,579,365 628,694 629,058 364 0.1%
Telephone 917,021 375,314 909,088 410,273 952,500 409,763 397,717 (12,047) ‐2.9%
Cellular Phone 2,050,312 741,619 1,951,925 741,952 1,967,056 729,159 684,933 (44,227) ‐6.1%
City Utilities 3,964,989 1,556,075 3,961,052 1,572,889 4,058,377 1,602,126 1,640,310 38,184 2.4%
Utility Tax Audit ‐ ‐ 460,513 ‐ ‐ ‐ ‐ ‐ 0.0%
Leasehold Excise Tax 164,637 40,988 171,470 43,738 179,000 45,122 42,865 (2,257) ‐5.0%
Gambling Excise Tax 1,319,585 575,843 1,650,384 660,879 1,600,000 666,255 902,480 236,225 35.5%
Real Estate Excise Tax 4,131,665 1,108,012 4,348,762 2,010,091 4,000,000 1,625,320 1,561,072 (64,249) ‐4.0%
Less: CIP REET (700,000) (213,085) (1,650,000) (381,218) (1,000,000) (390,268) (390,268) ‐ 0.0%
EMS Levy 916,361 229,090 916,361 225,392 920,000 234,102 234,102 ‐ 0.0%
Business License Fees 503,766 284,482 515,555 245,693 506,000 263,184 263,274 90 0.0%
Animal Licenses and Spec Events Permits 99,411 46,780 95,698 45,534 91,000 43,136 46,675 3,539 8.2%
Building Permits & Development Svc Fees 4,001,625 1,616,609 4,519,234 1,956,991 4,679,749 1,958,109 1,755,389 (202,719) ‐10.4%
Intergovt'l (Grants, State Shared, etc) 3,863,974 1,583,507 4,522,540 1,912,102 3,909,542 1,288,515 1,490,944 202,428 15.7%
Fire District 25 and 40 Contracts 5,726,895 2,794,338 5,959,428 2,899,636 6,116,326 3,104,566 3,104,566 ‐ 0.0%
Public Safety 680,581 298,452 844,375 280,547 513,081 194,548 365,241 170,693 87.7%
Culture and Recreation 1,494,580 457,448 1,485,123 490,907 1,580,616 503,065 338,666 (164,399) ‐32.7%
Interfund/Interdept‐Services 3,464,913 1,464,495 3,270,503 1,410,821 3,147,416 1,311,423 1,298,792 (12,632) ‐1.0%
Fines and Penalties 1,137,140 411,427 962,977 438,603 1,126,500 454,983 314,127 (140,856) ‐31.0%
Photo Enforcement 1,629,524 861,044 1,719,971 525,332 2,194,000 908,110 802,869 (105,241) ‐11.6%
Seizure Funds ‐ Federal/State/Local 50,639 29,106 68,870 (470) 180,693 43,297 6,444 (36,854) ‐85.1%
Interests and Other Earnings 423,609 41,099 981,630 57,032 875,300 61,124 277,510 216,386 354.0%
Rents, Leases, and Concessions 734,530 372,078 711,070 364,229 710,216 361,744 340,235 (21,509) ‐5.9%
Contributions and Donations 84,320 30,611 113,626 41,698 97,000 35,434 38,318 2,884 8.1%
Other Miscellaneous 684,187 293,015 879,105 386,611 705,369 302,365 407,609 105,244 34.8%
Refunding Debt and Premiums ‐ ‐ ‐ ‐ ‐ 13,691,804 13,691,804 ‐ 0.0%
Other Financing Sources (Transfer‐In, etc) 299,527 13,343 48,632 8,617 255,000 3,718 3,718 (0) 0.0%
Total Operating Revenues 105,545,527 46,893,848 111,782,133 50,233,421 113,245,760 63,674,894 64,946,109 1,271,215 2.0%
OPERATING EXPENDITURES
Council 289,911 121,071 309,317 133,956 335,838 142,930 140,500 2,430 1.7%
Executive 1,240,910 528,321 1,338,738 517,214 1,714,717 694,977 568,027 126,951 18.3%
City Attorney 1,922,225 724,478 1,829,254 713,626 2,001,421 767,231 753,544 13,687 1.8%
Court Services 2,003,104 795,263 2,016,273 830,863 2,148,553 869,244 810,280 58,964 6.8%
Community and Eco Dvlpmnt Admin 1,047,860 428,857 1,010,761 418,279 1,177,608 484,593 452,800 31,794 6.6%
Development Services 3,243,702 1,319,207 2,659,078 1,163,496 2,964,321 1,246,791 1,086,324 160,466 12.9%
Economic Development 467,511 175,487 654,007 230,384 1,053,786 381,359 278,258 103,101 27.0%
Planning 1,510,707 603,248 2,095,706 747,714 2,714,466 1,016,839 1,087,344 (70,505) ‐6.9%
Finance 2,274,147 775,564 2,644,827 852,555 2,795,120 925,150 907,912 17,238 1.9%
City Clerk 1,020,822 581,575 1,152,246 516,105 1,091,558 551,378 337,039 214,338 38.9%
Human Resources 904,182 357,200 922,668 365,419 1,316,577 520,778 462,817 57,962 11.1%
Police 24,946,784 10,373,682 26,383,640 10,820,669 28,371,356 11,714,544 11,476,180 238,363 2.0%
Jail Services 3,814,042 1,271,352 3,760,273 1,567,439 4,200,000 1,728,163 1,728,163 ‐ 0.0%
Fire 24,444,372 10,518,427 25,240,760 10,587,000 26,890,757 11,422,752 11,360,848 61,903 0.5%
Community Services Admin 452,146 187,590 480,727 196,067 560,787 230,632 211,318 19,314 8.4%
Parks 4,024,756 1,515,905 4,070,181 1,483,776 4,835,254 1,791,764 1,638,570 153,195 8.5%
Parks Planning & Natural Resources 829,250 258,947 722,739 270,042 1,034,004 352,436 283,762 68,674 19.5%
Recreation 4,846,970 1,698,203 4,823,195 1,601,422 5,200,923 1,774,643 1,795,232 (20,589) ‐1.2%
Human Services 1,162,330 431,038 1,159,189 453,886 1,199,977 457,411 470,636 (13,225) ‐2.9%
Neighborhoods, Resources, & Events 770,841 288,076 875,223 307,785 1,036,841 375,327 324,365 50,963 13.6%
Museum 209,387 87,136 214,291 84,860 227,761 92,462 94,299 (1,838) ‐2.0%
Public Works Admin 426,312 202,081 389,493 160,270 395,867 175,830 161,020 14,810 8.4%
Street Maintenance 3,814,132 1,600,743 4,503,315 1,791,574 5,186,713 2,115,430 2,027,380 88,050 4.2%
Transportation 4,476,854 1,819,302 4,263,725 1,771,639 5,076,998 2,085,812 1,925,413 160,398 7.7%
Debt Service 8,048,508 835,676 8,393,140 917,058 6,463,588 13,990,556 13,990,556 ‐ 0.0%
Non‐Departmental and Other 5,475,340 2,385,254 9,758,346 6,350,814 6,740,778 1,403,520 1,403,520 ‐ 0.0%
Total Operating Expenditures 103,667,105 39,883,684 111,671,112 44,853,913 116,735,570 57,312,551 55,776,107 1,536,444 2.7%
Total Ending Fund Balance 17,454,262$ 22,586,004$ 17,565,283$ 22,833,770$ 14,075,471$ 23,927,625$ 26,735,284$ 2,807,659$ 11.7%
Summary of Sources and Uses Annual Actual YTD Actual Favorable (Unfavorable)
2013 2014 2015 Variance
Annual Actual YTD Actual Annual Budget YTD Budget YTD Actual
Monthly Financial Report May 2015
Page 1 of 36
Monthly Financial Report May 2015
OVERVIEW
This financial overview reflects the City’s overall financial position for the fiscal year through May 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 60% of all
resources supporting general governmental activities. The following section provides detail information on property, sales,
utility, and other taxes.
Property Tax
May’s collection is $7.6 million,
making the total year‐to‐date
collection $19.1 million or 52.9%
of the total budget. In
comparison to the previous year,
the City collected $855k or 5%
more. Compared to the budget,
the City is above projections by
$1.1 million or 6%. The April and
May 2015 variances are due to
the timing of collections. 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
May 2015 sales tax receipts
totalled $2 million. Compared
with the same month last year, it
is $218k or 12% more. Compared
to the projected current month’s
budget, it is $28k or 1% above.
The year‐to‐date collection of
$9.4 million is $854k or 10% more
than the prior year and is also
$256k or 3% more than budgeted.
Auto Sales, General Retail, and
Services are the main sectors that
are collecting more than
anticipated. 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 176,551 292,775 307,006 130,455 74% 14,231 5%
Mar 1,626,283 1,066,055 939,218 (687,065) ‐42% (126,838) ‐12%
Apr 5,808,865 8,037,494 10,160,118 4,351,253 75% 2,122,623 26%
May 10,692,069 8,544,299 7,583,868 (3,108,202) ‐29% (960,431) ‐11%
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 18,201,961$ 17,968,476$ 19,057,443$ 855,482$ 5% 1,088,966$ 6%
Annual Total 35,295,390$ 36,040,000$
Property Tax Revenues
Year to Date through May
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 2,260,395 180,722 9% 120,498 6%
Mar 1,562,210 1,658,321 1,674,147 111,937 7% 15,826 1%
Apr 1,558,271 1,679,689 1,750,506 192,235 12% 70,817 4%
May 1,759,697 1,950,137 1,977,843 218,146 12% 27,706 1%
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 8,566,897$ 9,164,819$ 9,421,223$ 854,326$ 10% 256,404$ 3%
Annual Total 21,512,379$ 22,239,731$
2015 vs. Budget2015 vs. 2014
Month
Year to Date through May
Local Retail Sales Tax Revenues
Page 2 of 36
Monthly Financial Report May 2015
The following table breaks out the City’s base sales tax (excluding Criminal Justice and Annexation Credit) by major business
sectors:
Utility tax
May utility tax revenues are $1.3
million, which is $118k or 9%
lower than the same month last
year and is also behind the budget
by $129k or 9%. The year‐to‐date
collection is $6.6 million, which is
$487k or 7% lower than the prior
year and is also $494k or 7%
lower than the budget.
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$ 1,371,800$ 1,199,348$ (173,771)$ ‐13% (172,452)$ ‐13%
Feb 1,524,563 1,510,913 1,371,771 (152,792) ‐10% (139,143) ‐9%
Mar 1,631,438 1,441,880 1,544,060 (87,378) ‐5% 102,180 7%
Apr 1,218,999 1,419,168 1,263,898 44,900 4% (155,270) ‐11%
May 1,380,317 1,391,839 1,262,764 (117,553) ‐9% (129,076) ‐9%
Jun 1,376,544 1,310,144
Jul 1,526,628 1,186,657
Aug 1,270,116 1,293,475
Sep 1,206,313 1,338,119
Oct 1,202,725 1,163,623
Nov 1,170,266 1,233,232
Dec 1,495,099 1,512,883
YTD Total 7,128,436$ 7,135,600$ 6,641,841$ (486,595)$ ‐7% (493,760)$ ‐7%
Annual Total 16,376,127$ 16,173,734$
2015 vs. Budget2015 vs. 2014
Year to Date through May
Utility Tax Revenues
Month
Sales Tax by Sector 2014 2015 Bgt YTD Act Change 2015/2014 2015 Act vs Bgt
New Construction 835,137$ 1,017,996$ 1,060,465$ 225,328$ 27%$ 42,469 4%
Auto Sales 1,628,574 1,706,687 1,798,802 170,227 10% 92,114 5%
General Retail 2,734,069 2,831,034 2,922,525 188,456 7% 91,491 3%
Manufacturing 878,273 871,644 893,189 14,915 2% 21,544 2%
Wholesale 408,990 470,319 476,845 67,855 17% 6,526 1%
Service 1,830,131 1,967,024 2,033,089 202,959 11% 66,065 3%
Other 251,722 300,114 236,309 (15,413) ‐6% (63,806)‐21%
YTD Total 8,566,897$ 9,164,819$ 9,421,223$ 854,326$ 10%256,404$ 3%
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 2,405,672$ 2,462,245$ 2,075,204$ (330,467)$ ‐14%$ (387,040)‐16%
Natural Gas 1,151,698 1,138,485 976,063 (175,635) ‐15% (162,423)‐14%
Cell 741,952 729,159 684,933 (57,020) ‐8% (44,227)‐6%
Phone 410,273 409,763 397,717 (12,557) ‐3% (12,047)‐3%
Cable 609,004 628,694 629,058 20,054 3% 364 0%
Garbage/Solid Waste 236,948 165,129 238,557 1,609 1% 73,429 44%
City Utilities 1,572,889 1,602,126 1,640,310 67,421 4% 38,184 2%
Utility Tax Audit ‐ ‐ ‐ ‐ N/A ‐ N/A
YTD Total 7,128,436$ 7,135,600$ 6,641,841$ (486,595)$ ‐7%(493,760)$ ‐7%
Annual Total 16,376,127$ 16,173,734$
YTD as % of 44% 44%
Page 3 of 36
Monthly Financial Report May 2015
Other Taxes
Real Estate Excise Tax
The City collected $394k in Real
Estate Excise Tax revenues (REET)
for May. This is $131k or 50%
more than the same month last
year and is $78k or 25% more
than the current month’s budget.
The year‐to‐date collection is $1.6
million, which is $449k or 22%
less than the prior year and is also
$64k or 4% below the budget.
The variance in February 2014 is
due to an audit done by the
Washington State Department of
Revenue ($135k) and 1 large
transaction ($119k). The variance
in April 2014 is due to 3 large
transactions ($619k).
Gambling Tax
May’s Gambling Tax collections
totalled $183k, which is $45k or
32% above the same month last
year and is also above the current
month’s budget by $56k or 44%.
The year‐to‐date total of $902k is
$242k or 37% above the prior
year and is also $236k or 35%
above budget.
Pull tabs overall had a 13%
increase, bingo had a 21%
decrease, and card‐rooms are
seeing 68% 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 $669k is $22k or 3% higher
than the prior year and is also
$64k or 11% 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 448,452 321,137 158,616 (289,836) ‐65% (162,521) ‐51%
Mar 227,629 266,310 343,579 115,950 51% 77,269 29%
Apr 909,120 548,260 438,485 (470,635) ‐52% (109,775) ‐20%
May 262,746 315,718 394,014 131,268 50% 78,296 25%
Jun 624,342 468,872
Jul 350,214 306,677
Aug 346,677 324,518
Sep 265,534 267,062
Oct 436,050 346,421
Nov 223,675 306,575
Dec 92,179 354,555
YTD Total 2,010,091$ 1,625,320$ 1,561,072$ (449,019)$ ‐22% (64,249)$ ‐4%
Annual Total 4,348,762$ 4,000,000$
Real Estate Excise Tax Revenues
Year to Date through May
Month
2015 vs. Budget2015 vs. 2014
2014 2015 2015
Actual Budget Actual $ % $ %
Jan 131,776$ 142,914$ 158,293$ 26,516$ 20% 15,379$ 11%
Feb 133,109 111,429 184,189 51,080 38% 72,759 65%
Mar 153,695 142,756 169,262 15,567 10% 26,506 19%
Apr 103,980 142,027 207,646 103,666 100% 65,619 46%
May 138,319 127,128 183,090 44,771 32% 55,962 44%
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 660,879$ 666,255$ 902,480$ 241,600$ 37% 236,225$ 35%
Annual Total 1,650,384$ 1,600,000$
Year to Date through May
2015 vs. 2014 2015 vs. Budget
Gambling Tax Revenue
Month
2014 2015 2015
Actual Budget Actual $ % $ %
Jan 323,121$ 302,491$ 333,343$ 10,222$ 3% 30,852$ 10%
Feb ‐ 95 ‐
Mar ‐ 424 ‐
Apr 323,544 301,608 335,218 11,674 4% 33,610 11%
Jul 324,273 303,714 ‐
Oct 321,828 305,167 ‐
Dec 49,502 46,502 ‐
YTD Total 646,666$ 604,617$ 668,561$ 21,896$ 3% 64,462$ 11%
Annual Total 1,342,269$ 1,260,000$
Month
2015 vs. 2014 2015 vs. Budget
Franchise Fees Revenue
Year to Date through May
Page 4 of 36
Monthly Financial Report May 2015
Admission Tax
Admission Tax returns are due
quarterly in January, April, July,
and October of each year. April
2015 collections represent
activities conducted during the 1st
quarter of 2015. The year‐to‐date
collection of $152k is $3k or 2%
less than the prior year and is also
$2k or 2% less than the budget.
Licenses and Permits
Building Permits and
Development Service Fees
Building Permits and
Development Service Fee
revenues totalled $235k in May.
The year‐to‐date development
fees revenue of $1.8 million is
$202k or 10% less than the year
before and is also $203k or 10%
lower than budget.
Business Licenses
Business Licenses totalled $30k
for May, which is $15k or 99%
above the same month last year
and is also $6k or 25% above the
current month’s budget. The
year‐to‐date Business Licenses
revenue of $263k is $18k or 7%
above the prior year and is right
on target with the budget.
2014 2015 2015
Actual Budget Actual $ % $ %
Jan 80,243$ 81,652$ 83,675$ 3,432$ 4% 2,023$ 2%
Feb ‐ ‐ 1,371 1,371 100% 1,371 100%
Mar ‐ ‐ 106 106 100% 106 100%
Apr 74,163 72,512 65,108 (9,055) ‐12% (7,404) ‐10%
May ‐ ‐ 1,523 1,523 100% 1,523 100%
Jun 145 73 ‐
Jul 79,130 83,619 ‐
Aug ‐ 38 ‐
Oct 76,631 81,433 ‐
Nov ‐ 598 ‐
Dec ‐ 75 ‐
YTD Total 154,406$ 154,164$ 151,784$ (2,622)$ ‐2% (2,380)$ ‐2%
Annual Total 310,311$ 320,000$
2015 vs. Budget
Admission Tax Revenue
Year to Date through May
Month
2015 vs. 2014
2014 2015 2015
Actual Budget Actual $ % $ %
Jan 432,890$ 417,515$ 260,603$ (172,288)$ ‐40% (156,913)$ ‐38%
Feb 412,317 354,160 328,557 (83,760) ‐20% (25,602) ‐7%
Mar 388,190 373,356 275,826 (112,364) ‐29% (97,530) ‐26%
Apr 374,004 408,228 655,282 281,279 75% 247,055 61%
May 349,590 404,850 235,121 (114,469) ‐33% (169,729) ‐42%
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 1,956,991$ 1,958,109$ 1,755,389$ (201,602)$ ‐10% (202,719)$ ‐10%
Annual Total 4,519,234$ 4,679,749$
Building Permits and Development Service Fees
Year to Date through May
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 38,440 13,428 54% 5,841 18%
Mar 5,421 8,867 4,468 (953) ‐18% (4,399) ‐50%
Apr 97,104 99,158 88,757 (8,347) ‐9% (10,401) ‐10%
May 15,091 24,049 29,979 14,888 99% 5,930 25%
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 245,693$ 263,184$ 263,274$ 17,581$ 7%90$ 0%
Annual Total 515,555$ 506,000$
2015 vs. 2014
Year to Date through May
2015 vs. Budget
Business Licenses
Month
Page 5 of 36
Monthly Financial Report May 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 89% of the total
revenues in this category.
The year‐to‐date total Intergovernmental revenue is $5.8 million or 44% of the budget.
State Shared Revenues
State Shared Revenue
collections totalled $2.1
million since the start of the
year. Compared to the
prior year, State Shared
Revenues are above by
$116k or 6%. Compared to
the projected budget, the
City is collecting $274k or
15% more. The higher than
expected collection is due
to collecting more than
anticipated Criminal Justice
Sales Tax and 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 57%
of the total revenue in this category. The year‐to‐date total charges for services are $2.9 million or 41% of the budget. The
following sections provide detail information for Public Safety, Recreation, and Interfund Services.
Public Safety Services
Public Safety Services totalled
$365k 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 $85k or 30% more.
Compared to the year‐to‐date
budget, the City is over budget by
$171k or 88%. The large January
2014 variance is due to the timing
of when Valley Narcotics
Enforcement Team (VNET)
2014 2015 2015
Actual Budget Actual $ % $ %
Jan 117,639$ 50,388$ 58,509$ (59,130)$ ‐50% 8,121$ 16%
Feb 45,139 54,499 42,228 (2,910) ‐6% (12,271) ‐23%
Mar 44,028 27,253 62,481 18,453 42% 35,228 129%
Apr 38,202 34,344 146,715 108,513 284% 112,371 327%
May 35,540 28,065 55,309 19,769 56% 27,243 97%
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 280,547$ 194,548$ 365,241$ 84,694$ 30% 170,693$ 88%
Annual Total 846,409$ 513,081$
Month
2015 vs. 2014
Year to Date through May
Public Safety Services
2015 vs. Budget
Intergovernmental 2014 2015 Bgt YTD Act Change 2015/2014 2015 Act vs Bgt
Fire District #25 594,325$ 628,463$ 628,463$ 34,139$ 6% $ ‐ 0%
Fire District #40 2,305,311 2,476,103 2,476,103 170,792 7%‐ 0%
State Shared Revenue 1,937,057 1,779,613 2,053,396 116,338 6% 273,782 15%
Federal Grants 778,872 307,009 307,009 (471,863) ‐61%‐ 0%
State Grants 22,404 27,771 27,771 5,366 24%‐ 0%
Other Grants/Intgovt 78,263 331,284 328,167 249,905 319% (3,116) ‐1%
ARRA Grants ‐ 0 ‐ ‐ N/A ‐ 0%
Total Rev YTD 5,716,232$ 5,550,244$ 5,820,910$ 104,677$ 2%270,666$ 5%
Total Rev Annual 13,664,242$ 13,251,387$
YTD %42% 42% 44%
Note: Includes CJ Sales Tax and FD25 & FD40 contracts
2014 2015 2015
Actual Budget Actual $ % $ %
Crim Just Sales Tax 904,495$ 923,060$ 991,298$ 86,803$ 10% 68,238$ 7%
Judicial Contribution 11,342 ‐ 10,895 (447) ‐4% 10,895 100%
Crim Just ‐ High Crime 127,155 ‐ 125,694 (1,461) ‐1% 125,694 100%
Crim Just ‐ Pop 11,897 11,535 12,688 791 7% 1,154 10%
Crim Just ‐ Spec Prog 44,030 42,878 46,617 2,588 6% 3,739 9%
State DUI 8,694 8,525 8,544 (151) ‐2%19 0%
Liquor Profits 212,414 212,605 212,978 565 0% 374 0%
Liquor Excise Tax 92,598 83,960 108,837 16,239 18% 24,877 30%
Fuel Tax 524,433 497,050 535,844 11,411 2% 38,794 8%
YTD Total 1,937,057$ 1,779,613$ 2,053,396$ 116,338$ 6% 273,782$ 15%
Annual Total 5,045,728$ 4,777,519$
Year to Date through May
State Shared Revenues
2015 vs. 2014
Revenue
2015 vs. Budget
Page 6 of 36
Monthly Financial Report May 2015
contributions are receipted. The large June 2014 variance is due to staff reimbursement for training provided to the Basic Law
Enforcement Academy. The large October 2014 variance is due to staff reimbursement for the Oso mudslide. April 2015
variance is due to receipting $75k reimbursement for the School Resource Officer (SRO) program.
Recreation
Recreation revenues totalled $64k
for the current month. Compared
to the same month the prior year,
the City collected $43k or 40%
less. Compared to the projected
monthly budget, the City
collected $43k or 40% less. The
year‐to‐date collection of $339k is
$152k or 31% lower than the year
before and is also $164k or 33%
lower than the year‐to‐date
budget. The variance with the
prior year and monthly budget is
due to a change in how the
recreation class revenues are
recorded. The City is now
recognizing class revenues as the
classes begin instead of when they are paid.
Interfund Services
The year‐to‐date collections for
Interfund Services revenues are
$1.3 million. Compared to the
prior year, the revenues are under
by $112k or 8%. Compared to the
projected budget, the revenues
are below by $13k 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 30,177 (38,696) ‐56% (33,495) ‐53%
Mar 66,458 77,421 35,946 (30,513) ‐46% (41,475) ‐54%
Apr 179,282 185,568 91,404 (87,879) ‐49% (94,164) ‐51%
May 106,771 107,408 64,015 (42,756) ‐40% (43,393) ‐40%
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 490,907$ 503,065$ 338,666$ (152,241)$ ‐31% (164,399)$ ‐33%
Annual Total 1,485,123$ 1,580,616$
Recreation
Year to Date through May
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 257,027 262,285 264,413 7,386 3% 2,128 1%
Mar 287,465 262,285 260,071 (27,393) ‐10% (2,213) ‐1%
Apr 295,489 262,285 248,466 (47,023) ‐16% (13,819) ‐5%
May 269,032 262,285 260,774 (8,259) ‐3% (1,511) ‐1%
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 1,410,821$ 1,311,423$ 1,298,792$ (112,030)$ ‐8% (12,632)$ ‐1%
Annual Total 3,270,503$ 3,147,416$
2015 vs. Budget
Month
Interfund Services
Year to Date through May
2015 vs. 2014
Page 7 of 36
Monthly Financial Report May 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
$1.1 million. This is $153k or 16%
higher than a year ago but is
$246k or 18% 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
$803k.
The associated costs includes the equipment
provided by American Traffic Solutions, Inc.
(ATS), dedicated 1 FTE in the Court Services
Department to process the increased caseload
and 1.1 FTEs in the Police Department for
support services. This staff time, along with a
50% pro tem budget and interpreter costs
amounts to $308k 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
and February 2015’s equipment rental costs were recorded in March.
2014 2015 2015
Actual Budget Actual $ % $ %
Jan 136,762$ 180,526$ 124,856$ (11,906)$ ‐9% (55,670)$ ‐31%
Feb 151,470 241,215 213,981 62,511 41% (27,234) ‐11%
Mar 203,482 285,153 275,737 72,255 36% (9,417) ‐3%
Apr 263,785 357,892 245,206 (18,579) ‐7% (112,686) ‐31%
May 208,436 298,306 257,217 48,781 23% (41,089) ‐14%
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 963,935$ 1,363,093$ 1,116,996$ 153,061$ 16% (246,097)$ ‐18%
Annual Total 2,682,948$ 3,320,500$
Month
2015 vs. Budget2015 vs. 2014
Year to Date through May
Fines and Penalties by Month
Year to Date through May
2014 2015 2015
Actual Budget Actual $ % $ %
Civil Penalties 2,854$ 5,950$ 1,459$ (1,395)$ ‐49% (4,490)$ ‐75%
Civil Infraction Penalties 243,686 250,450 151,039 (92,647) ‐38% (99,411) ‐40%
Civil Parking Infraction Penalties 77,697 74,358 53,184 (24,513) ‐32% (21,173) ‐28%
Photo Enforcement Program 525,332 908,110 802,869 277,537 53% (105,241) ‐12%
Criminal Traffic Misdemeanor Fines 35,825 47,077 31,478 (4,347) ‐12% (15,599) ‐33%
Criminal Non‐Traffic Fines 18,842 16,141 25,135 6,293 33% 8,994 56%
Criminal Costs 50,883 49,459 39,594 (11,288) ‐22% (9,865) ‐20%
Non‐Court Fines, Forfeitures and Penalties 8,816 11,548 12,237 3,422 39% 689 6%
YTD Total 963,935$ 1,363,093$ 1,116,996$ 153,061$ 16% (246,097)$ ‐18%
Annual Total 2,682,948$ 3,320,500$
Revenue
2015 vs. Budget
Fines and Penalties by Type
2015 vs. 2014
Favorable
15 Budget 15 Actual 15 Budget 15 Actual (Unfavorable)
1
Jan 138,983$ 121,709$ 88,955$ 25,705$ 96,004$
Feb 148,513 152,185 88,955 25,705 126,480
Mar 168,263 198,034 88,955 162,480 35,554
Apr 251,837 166,166 88,955 94,253 71,913
May 200,513 164,775 88,955 94,100 70,675
Jun 191,262 ‐ 88,955 ‐ ‐
Jul 193,937 ‐ 88,955 ‐ ‐
Aug 168,554 ‐ 88,955 ‐ ‐
Sep 153,716 ‐ 88,955 ‐ ‐
Oct 170,949 ‐ 88,955 ‐ ‐
Nov 199,054 ‐ 88,955 ‐ ‐
Dec 208,419 ‐ 88,955 ‐ ‐
YTD Total 908,110$ 802,869$ 444,775$ 402,243$ 400,626$
Annual Total 2,194,000$ 1,067,460$
1Actuals of Revenues and Expenses
Photo Enforcement Program
Year to Date through May
Month
Revenues Expenses
Page 8 of 36
Monthly Financial Report May 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 71% of
the total revenue in this category.
The year‐to‐date total
miscellaneous is $865k.
Compared to last year, the
revenues are above by $218k or
34%. Compared to the projected
year‐to‐date budget, the revenues
are over by $238k 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 timing of when interfund interest was recorded
from Surface Water to Street Maintenance (prior year, trued up in September).
Other miscellaneous revenues are higher than the prior year and budget due to higher than expected utility late payment
penalties and miscellaneous fire reimbursements.
EXPENSES
Overall the City has expended 48% of its budgeted general governmental expenditures at the end of May. This is $1.5 million or
2.7% below year‐to‐date budgeted expenditures. The City did not have any general governmental departments over budget but
did we did see some divisions within those departments over budget. Please refer to the General Governmental Funds Summary
of Sources and Uses table on page 1 for details.
2014 2015 2015
Actual Budget Actual $ % $ %
Jan 243,963$ 195,249$ 269,664$ 25,701$ 11% 74,416$ 38%
Feb 99,547 79,392 135,539 35,992 36% 56,147 71%
Mar 126,132 138,941 182,386 56,253 45% 43,445 31%
Apr 70,094 79,092 132,893 62,799 90% 53,801 68%
May 107,650 134,915 144,753 37,103 34% 9,837 7%
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 647,386$ 627,590$ 865,234$ 217,849$ 34% 237,645$ 38%
Annual Total 2,298,586$ 2,165,209$
Year to Date through May
Month
2015 vs. Budget2015 vs. 2014
Miscellaneous Revenues by Month
2014 2015 2015
Actual Budget Actual $ % $ %
Interests and Other Earnings 57,032$ 61,124$ 277,510$ 220,478$ 387% 216,386$ 354%
Rents, Leases, and Concessions 364,229 361,744 340,235 (23,994) ‐7% (21,509) ‐6%
Contributions/Donations from Private Sources 41,698 35,434 38,318 (3,380) ‐8% 2,884 8%
Other 184,896 125,990 202,728 17,832 10% 76,738 61%
Seizure Funds ‐ Federal/State/Local (470) 43,297 6,444 6,913 ‐1472% (36,854) ‐85%
YTD Total 647,386$ 627,590$ 865,234$ 217,849$ 34% 237,645$ 38%
Annual Total 2,298,586$ 2,165,209$
2015 vs. Budget
Miscellaneous Revenues by Type
Year to Date through May
Revenue
2015 vs. 2014
Page 9 of 36
Monthly Financial Report May 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 and 2015. 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 ‐ ‐ ‐ ‐ 41,225 17,000 ‐
Grants / intergovernmental 1,321,770 ‐ 36,628 ‐ ‐ 1,052,680 ‐
Charges for services 59,340 677,439 7,320,243 6,106,295 4,056,315 4,510,423 6,524,330
Interdepartmental services ‐ ‐ ‐ ‐ ‐ ‐ ‐
Fines and penalties 1,325 ‐ ‐ ‐ 400 ‐ ‐
Rents, leases, and misc fees 1,000,442 129,729 39,336 64,617 ‐ ‐ ‐
Interest and other misc 2,472 7,707 5,829 410,587 384,359 300,850 7,229
TOTAL REVENUES 2,385,349 814,875 7,402,036 6,581,499 4,482,299 5,880,953 6,531,559
EXPENSES:
Utility billing ‐ ‐ 54,640 50,945 39,359 63,433 ‐
Utility systems ‐ ‐ 5,571,013 1,672,337 1,300,256 1,312,395 ‐
Utility maintenance ‐ ‐ 114,350 1,992,789 618,211 1,067,102 6,416,844
Transportation 645,498 ‐ ‐ ‐ ‐ ‐ ‐
Golf ‐ 753,553 ‐ ‐ ‐ ‐ ‐
TOTAL EXPENSES 645,498 753,553 5,740,003 3,716,071 1,957,826 2,442,930 6,416,844
AMOUNT AVAILABLE FOR DEBT SERVICE 1,739,851 61,322 1,662,033 2,865,428 2,524,473 3,438,023 114,715
DEBT SERVICE:
Principal ‐ ‐ ‐ ‐ ‐ ‐ ‐
Interest ‐ ‐ ‐ ‐ ‐ 216,669 ‐
TOTAL DEBT SERVICE ‐ ‐ ‐ ‐ ‐ 216,669 ‐
CAPITAL PROJECTS 1,521,874 ‐ ‐ 407,548 311,385 1,476,882 ‐
TRANSFERS IN/(OUT)‐ ‐ ‐ (3,187) (326) ‐ ‐
CHANGE IN FUND BALANCE 217,977 61,322 1,662,033 2,454,693 2,212,762 1,744,472 114,715
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, May 31 1,024,798 18,411 3,207,639 18,326,787 9,801,851 9,548,693 3,431,025
Page 10 of 36
Monthly Financial Report May 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 ‐ 48,657 ‐ ‐ ‐ ‐ ‐
Grants / intergovernmental ‐ ‐ ‐ ‐ ‐ ‐ 40,057
Charges for services
Equipment rental m&o 1,155,621 1,462,028 ‐ ‐ ‐ ‐ ‐
Print and mail ‐ 36,733 ‐ 175,187 ‐ ‐ ‐
Communications ‐ 1,591 ‐ 242,568 ‐ ‐ ‐
Facilities ‐ ‐ 2,050,615 ‐ ‐ ‐ ‐
Data cards and cell phones ‐ 66,844 ‐ ‐ ‐ ‐ ‐
IT service co ntracts ‐ 205,190 ‐ ‐ ‐ ‐ ‐
Interest and other misc 10,986 4,199 2,632 865 29,586 13,926 15,991
Internal service fund misc:
Vehicle / equipment capital recovery 1,233,742 70,838 ‐ ‐ ‐ ‐ ‐
Insurance premiums ‐ ‐ ‐ ‐ 773,375 ‐ ‐
Worker's comp/unemployment ‐ ‐ ‐ ‐ 721,549 ‐ ‐
Benefit premiums ‐ ‐ ‐ ‐ ‐ 4,814,561 927,747
Other misc 1,635 ‐ 816 17 ‐ 486,962 ‐
Interfund Loan ‐ ‐ ‐ ‐ 143,079 ‐ ‐
Capital contributions ‐ ‐ ‐ ‐ ‐ ‐ ‐
Disposal of capital assets 27,088 ‐ ‐ ‐ ‐ ‐ ‐
Insurance recoveries ‐ ‐ ‐ ‐ 37,640 ‐ ‐
TOTAL REVENUES 2,429,072 1,896,080 2,054,062 418,637 1,705,229 5,315,449 983,795
EXPENSES:
Communications 174,258
Equipment rental 871,089
Facilities 1,725,531
Healthcare 5,026,073
Information technology 1,506,149
Print and mail 151,540
Retiree healthcare 429,377
Risk management:
Risk ma nagement 1,297,622
Unemployment 20,244
Worker's compensation 724,265
TOTAL EXPENSES 871,089 1,506,149 1,725,531 325,798 2,042,131 5,026,073 429,377
AMOUNT AVAILABLE FOR CAPITAL 1,557,983 389,931 328,531 92,839 (336,902) 289,376 554,418
CAPITAL PROJECTS 2,111,836 153,534 64,495 ‐ ‐ ‐ ‐
TRANSFERS IN 11,005 34,115 ‐ ‐ ‐ ‐ ‐
TRANSFERS (OUT)‐ ‐ ‐ ‐ ‐ ‐ ‐
CHANGE IN FUND BALANCE (542,848) 270,512 264,036 92,839 (336,902) 289,376 554,418
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, May 31 4,767,471 2,186,560 1,418,125 476,808 11,732,409 6,964,881 8,266,281
Page 11 of 36
Monthly Financial Report May 2015
FUND BALANCE
Page 13 shows the ending fund balance as of May 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 May, the City has $26.7 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. May’s ending fund balance is over the anticipated General Governmental Fund Balance of $23.9
million by $2.8 million or 11.7%. 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 12 of 36
Monthly Financial Report May 2015
City of Renton
All Funds ‐ Revenue, Expenditures and Fund Balances
Cash Basis through May 31, 2015
Funds
Balance
01/01/2015
Budgeted
Revenue
Revenue
05/31/15
Total Funds
Available
Budgeted
Expenditure
Expenditure
05/31/15 Ending Balance
GENERAL GOVERNMENT FUNDS: 17,565,282 113,245,760 64,946,109 82,511,391 116,735,570 55,776,107 26,735,284
000 General 11,159,313 83,431,472 38,287,484 49,446,797 86,638,897 33,448,215 15,998,583
001 Community Services 2,467,703 12,478,920 5,110,640 7,578,343 12,608,356 4,231,709 3,346,634
003 Street 2,147,229 10,096,711 4,945,815 7,093,044 10,263,711 3,952,794 3,140,251
004 Community Dev Block Grant 74,951 462,908 ‐ 74,951 448,804 27,485 47,466
005 Museum 65,500 227,761 113,957 179,457 227,761 94,299 85,158
009 Farmers Market 104,950 59,400 9,419 114,369 59,453 21,538 92,831
011 Fire Health & Wellness 74,565 25,000 8,618 83,183 25,000 9,511 73,672
201 Ltd GO Bonds Gen Govt Debt 838,633 1,749,405 876,564 1,715,197 1,749,405 ‐ 1,715,197
215 Gen Govt Misc Debt Service 632,438 4,714,183 15,593,612 16,226,050 4,714,183 13,990,556 2,235,494
SPECIAL REVENUE FUNDS: 1,100,381 1,786,631 684,892 1,785,273 1,807,969 616,180 1,169,093
102 Arterial Street 14,885 640,000 252,399 267,284 640,000 ‐ 267,284
108 Leased City Properties 121,014 768,957 263,206 384,220 663,403 508,209 (123,989)
110 Hotel Motel 219,090 265,000 99,018 318,108 283,942 46,194 271,914
125 1% For Art 101,380 15,000 204 101,584 102,950 ‐ 101,584
127 Cable Communication 313,090 97,674 69,402 382,492 117,674 61,777 320,715
135 Springbrook Wetlands Bank 330,922 ‐ 663 331,585 ‐ ‐ 331,585
CAPITAL PROJECT FUNDS (CIP):27,979,966 23,803,437 3,858,687 31,838,653 47,027,879 8,183,817 23,654,836
303 Community Dev Mitigation 1,238,600 86,500 147,110 1,385,710 ‐ ‐ 1,385,710
304 Fire Mitigation 926,488 99,000 98,099 1,024,587 250,000 ‐ 1,024,587
305 Transportation Mitigation 844,648 216,500 309,632 1,154,280 391,000 ‐ 1,154,280
316 Municipal Facilities CIP 4,493,986 4,718,145 1,155,187 5,649,173 8,918,715 1,941,362 3,707,811
317 Transportation CIP 4,059,718 18,683,292 2,119,085 6,178,803 22,063,404 1,463,534 4,715,269
326 Housing Opportunity 1,086,766 ‐ 2,166 1,088,932 75,000 50,000 1,038,932
336 New Library Development 15,329,760 ‐ 27,408 15,357,168 15,329,760 4,728,921 10,628,247
ENTERPRISE FUNDS:36,891,230 97,849,061 34,099,401 70,990,631 107,984,277 25,631,427 45,359,204
4X2 Airport Operating & CIP 806,821 16,596,888 2,385,347 3,192,168 16,469,927 2,167,372 1,024,796
403 Solid Waste Utility 1,545,606 16,461,726 7,402,037 8,947,643 16,675,139 5,740,003 3,207,640
4X4 Golf Operating & CIP (42,911) 2,655,383 835,705 792,794 2,616,052 774,384 18,410
4X5 Water Operating & CIP 15,872,094 16,272,634 6,581,500 22,453,594 20,799,381 4,126,806 18,326,788
4X6 Waste Water Operating & CIP 7,589,089 11,979,140 4,482,299 12,071,388 13,588,076 2,269,537 9,801,851
416 King County Metro 3,316,310 16,638,722 6,531,560 9,847,870 16,638,722 6,416,844 3,431,026
4X7 Surface Water Operating & CIP 7,804,221 17,244,568 5,880,953 13,685,174 21,196,980 4,136,481 9,548,693
INTERNAL SERVICE FUNDS:35,221,104 37,224,840 14,847,443 50,068,547 36,727,348 14,256,013 35,812,534
501 Equipment Repair/Replacement 5,310,319 5,779,036 2,440,078 7,750,397 6,878,442 2,982,925 4,767,472
502 Insurance 12,069,311 5,641,647 1,705,229 13,774,540 3,594,578 2,042,131 11,732,409
503 Information Services 1,916,048 4,631,231 1,930,195 3,846,243 5,606,865 1,659,683 2,186,560
504 Facilities 1,154,089 4,954,325 2,054,062 3,208,151 5,115,716 1,790,026 1,418,125
505 Communications 383,969 992,431 418,636 802,605 991,430 325,798 476,807
512 Insurance, Healthcare 6,675,505 12,954,736 5,315,449 11,990,954 13,424,573 5,026,073 6,964,881
522 Insurance, Leoff1 Retirees HC 7,711,863 2,271,434 983,794 8,695,657 1,115,744 429,377 8,266,280
FIDUCIARY FUNDS:5,040,982 468,000 151,454 5,192,436 210,475 88,008 5,104,428
611 Firemen's Pension 5,040,982 468,000 151,454 5,192,436 210,475 88,008 5,104,428
TOTAL FUNDS 123,798,945 274,377,729 118,587,986 242,386,931 310,493,518 104,551,552 137,835,379
Page 13 of 36
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 11,956,490 17,074,731 (5,118,241) 12,447,041
March 18,465,333 25,740,531 (7,275,198) 10,290,084
April 35,699,323 33,688,640 2,010,683 19,575,965
May 64,946,109 55,776,107 9,170,002 26,735,284
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)
‐
1,000,000
2,000,000
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
‐
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 14 of 36
City of Renton
Monthly Revenue Analysis ‐ 2015 Budget Year
General
Government Budget
YTD
Actual
Annual %
over (under)
Jan 5,741,881 5,697,180 ‐0.78%
Feb 12,058,105 11,956,490 ‐0.84%
Mar 18,474,798 18,465,333 ‐0.05%
Apr 33,331,883 35,699,323 7.10%
May 63,674,894 64,946,109 2.00%
Jun 56,073,066
Jul 62,521,904
Aug 68,797,373
Sep 75,195,400
Oct 91,106,325
Nov 105,819,619
Dec 113,245,760
Percent of budget 57.35%
Property Tax Budget
YTD
Actual
Annual %
over (under)
Jan 27,853 67,234 141.39%
Feb 320,628 374,240 16.72%
Mar 1,386,683 1,313,457 ‐5.28%
Apr 9,424,178 11,473,575 21.75%
May 17,968,476 19,057,443 6.06%
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 52.88%
$‐
$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 15 of 36
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 4,494,673 4.21%
Mar 6,156,744 6,366,163 3.40%
Apr 8,019,181 8,324,401 3.81%
May 10,179,318 10,538,752 3.53%
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 42.56%
Note: Excludes CJ Sales Tax and Natural Gas Use Tax.
Utility Tax Budget
YTD
Actual
Annual %
over (under)
Jan 1,371,800 1,199,348 ‐12.57%
Feb 2,882,713 2,571,119 ‐10.81%
Mar 4,324,593 4,115,178 ‐4.84%
Apr 5,743,761 5,379,077 ‐6.35%
May 7,135,600 6,641,841 ‐6.92%
Jun 8,445,745
Jul 9,632,402
Aug 10,925,876
Sep 12,263,996
Oct 13,427,619
Nov 14,660,851
Dec 16,173,734
Percent of budget 41.07%
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 16 of 36
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 703,556 583,727 ‐17.03%
Mar 936,587 784,273 ‐16.26%
Apr 1,341,646 1,164,263 ‐13.22%
May 1,662,501 1,377,137 ‐17.16%
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 35.21%
Note: Franchise Fees
Intergovt'l Budget
YTD
Actual
Annual %
over (under)
Jan 434,559 500,793 15.24%
Feb 1,046,944 1,144,443 9.31%
Mar 1,571,828 1,686,664 7.31%
Apr 2,644,504 2,889,749 9.27%
May 5,550,244 5,820,910 4.88%
Jun 6,211,357
Jul 6,787,699
Aug 7,421,511
Sep 8,086,809
Oct 9,059,268
Nov 12,581,607
Dec 13,251,387
Percent of budget 43.93%
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 17 of 36
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 1,045,979 982,531 ‐6.07%
Mar 1,605,315 1,508,665 ‐6.02%
Apr 2,237,065 2,428,409 8.55%
May 2,787,340 2,895,781 3.89%
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 41.31%
Note: Excludes FD25 & FD40 contracts
Fines &
Forfeits Budget
YTD
Actual
Annual %
over (under)
Jan 180,526 124,856 ‐30.84%
Feb 421,742 338,837 ‐19.66%
Mar 706,895 614,574 ‐13.06%
Apr 1,064,787 859,779 ‐19.25%
May 1,363,093 1,116,996 ‐18.05%
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 33.64%
$‐
$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 18 of 36
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 1,061,217 1.22%
Mar 1,372,072 1,488,270 8.47%
Apr 2,360,868 2,456,370 4.05%
May 2,705,211 2,936,494 8.55%
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 46.18%
Misc Budget
YTD
Actual
Annual %
over (under)
Jan 195,249 269,664 38.11%
Feb 274,641 405,203 47.54%
Mar 413,582 587,589 42.07%
Apr 492,674 720,482 46.24%
May 627,590 865,234 37.87%
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 39.96%
$‐
$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 19 of 36
City of Renton
Monthly Revenue Analysis ‐ 2015 Budget Year
Other
Financing Budget
YTD
Actual
Annual %
over (under)
Jan 21,250 ‐ 0.00%
Feb 500 500 0.00%
Mar 500 500 0.00%
Apr 3,218 3,218 0.00%
May 13,695,522 13,695,522 0.00%
Jun 127,500
Jul 148,750
Aug 170,000
Sep 191,250
Oct 212,500
Nov 233,750
Dec 255,000
Percent of budget 5370.79%
$0
$2
$4
$6
$8
$10
$12
$14
$16
Mi
l
l
i
o
n
s
Other Financing Sources
Budget
Actual
Last Year
Page 20 of 36
City of Renton
Monthly Revenue Analysis ‐ 2015 Budget Year
REET Budget
YTD
Actual
Annual %
over (under)
Jan 173,895 226,377 30.18%
Feb 495,032 384,994 ‐22.23%
Mar 761,342 728,573 ‐4.30%
Apr 1,309,602 1,167,058 ‐10.88%
May 1,625,320 1,561,072 ‐3.95%
Jun 2,094,192
Jul 2,400,870
Aug 2,725,387
Sep 2,992,449
Oct 3,338,870
Nov 3,645,445
Dec 4,000,000
Percent of budget 39.03%
Bldg Permits &
Devlpmt Svc
Fees Budget
YTD
Actual
Annual %
over (under)
Jan 417,515 260,603 ‐37.58%
Feb 771,675 589,160 ‐23.65%
Mar 1,145,031 864,986 ‐24.46%
Apr 1,553,259 1,520,269 ‐2.12%
May 1,958,109 1,755,389 ‐10.35%
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 37.51%
$‐
$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 21 of 36
City of Renton
Monthly Expenditure Analysis ‐ 2015 Budget Year
General
Government Budget
YTD
Actual
Annual %
over (under)
Jan 8,870,211 8,067,548 ‐9.05%
Feb 17,801,100 17,074,731 ‐4.08%
Mar 26,363,724 25,740,531 ‐2.36%
Apr 35,013,596 33,688,640 ‐3.78%
May 57,312,551 55,776,107 ‐2.68%
Jun 56,818,048
Jul 66,902,453
Aug 76,921,427
Sep 86,675,027
Oct 96,117,892
Nov 105,532,438
Dec 116,735,570
Percent of budget expended 47.78%
Legislative Budget
YTD
Actual
Annual %
over (under)
Jan 26,298 32,033 21.81%
Feb 58,089 58,037 ‐0.09%
Mar 87,938 88,145 0.23%
Apr 115,765 113,635 ‐1.84%
May 142,930 140,500 ‐1.70%
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 41.84%
$‐
$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 22 of 36
City of Renton
Monthly Expenditure Analysis ‐ 2015 Budget Year
Executive Budget
YTD
Actual
Annual %
over (under)
Jan 103,164 80,465 ‐22.00%
Feb 247,755 200,055 ‐19.25%
Mar 394,565 319,885 ‐18.93%
Apr 549,627 443,641 ‐19.28%
May 694,977 568,027 ‐18.27%
Jun 826,471
Jul 971,091
Aug 1,120,544
Sep 1,257,659
Oct 1,400,057
Nov 1,537,283
Dec 1,714,717
Percent of budget expended 33.13%
City Attorney Budget
YTD
Actual
Annual %
over (under)
Jan 147,754 151,100 2.27%
Feb 300,008 294,916 ‐1.70%
Mar 452,011 443,297 ‐1.93%
Apr 612,052 599,643 ‐2.03%
May 767,231 753,544 ‐1.78%
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 37.65%
$‐
$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 23 of 36
City of Renton
Monthly Expenditure Analysis ‐ 2015 Budget Year
Court Services Budget
YTD
Actual
Annual %
over (under)
Jan 166,668 151,935 ‐8.84%
Feb 338,869 313,414 ‐7.51%
Mar 511,393 477,408 ‐6.65%
Apr 696,880 641,217 ‐7.99%
May 869,244 810,280 ‐6.78%
Jun 1,056,245
Jul 1,234,390
Aug 1,409,269
Sep 1,584,709
Oct 1,758,480
Nov 1,925,555
Dec 2,148,553
Percent of budget expended 37.71%
CED Admin Budget
YTD
Actual
Annual %
over (under)
Jan 96,399 88,408 ‐8.29%
Feb 192,792 177,244 ‐8.06%
Mar 289,500 266,079 ‐8.09%
Apr 387,901 358,681 ‐7.53%
May 484,593 452,800 ‐6.56%
Jun 581,892
Jul 679,312
Aug 776,605
Sep 874,091
Oct 971,695
Nov 1,068,592
Dec 1,177,608
Percent of budget expended 38.45%
$‐
$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 24 of 36
City of Renton
Monthly Expenditure Analysis ‐ 2015 Budget Year
Development
Services Budget
YTD
Actual
Annual %
over (under)
Jan 245,642 201,493 ‐17.97%
Feb 478,377 427,863 ‐10.56%
Mar 728,947 653,820 ‐10.31%
Apr 1,000,731 867,751 ‐13.29%
May 1,246,791 1,086,324 ‐12.87%
Jun 1,492,934
Jul 1,738,076
Aug 2,000,285
Sep 2,223,932
Oct 2,468,126
Nov 2,708,274
Dec 2,964,321
Percent of budget expended 36.65%
Economic
Development Budget
YTD
Actual
Annual %
over (under)
Jan 105,386 43,127 ‐59.08%
Feb 152,275 122,554 ‐19.52%
Mar 230,941 171,373 ‐25.79%
Apr 312,564 228,439 ‐26.91%
May 381,359 278,258 ‐27.04%
Jun 468,634
Jul 571,804
Aug 668,297
Sep 758,365
Oct 846,244
Nov 929,468
Dec 1,053,786
Percent of budget expended 26.41%
$‐
$0.50
$1.00
$1.50
$2.00
$2.50
$3.00
Millions
Development Services
Budget
Actual
Last Year
$‐
$0.20
$0.40
$0.60
$0.80
$1.00
$1.20
Millions
Economic Development
Budget
Actual
Last Year
Page 25 of 36
City of Renton
Monthly Expenditure Analysis ‐ 2015 Budget Year
Planning Budget
YTD
Actual
Annual %
over (under)
Jan 177,750 197,905 11.34%
Feb 377,402 398,110 5.49%
Mar 585,268 616,614 5.36%
Apr 801,453 829,531 3.50%
May 1,016,839 1,087,344 6.93%
Jun 1,242,681
Jul 1,478,295
Aug 1,726,181
Sep 1,971,643
Oct 2,223,724
Nov 2,452,676
Dec 2,714,466
Percent of budget expended 40.06%
Finance Budget
YTD
Actual
Annual %
over (under)
Jan 173,682 171,705 ‐1.14%
Feb 349,801 350,741 0.27%
Mar 535,847 531,013 ‐0.90%
Apr 732,791 711,350 ‐2.93%
May 925,150 907,912 ‐1.86%
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 32.48%
$‐
$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 26 of 36
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 154,117 127,473 ‐17.29%
Mar 292,896 194,321 ‐33.66%
Apr 363,579 264,641 ‐27.21%
May 551,378 337,039 ‐38.87%
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 30.88%
Includes Hearing Examiner
Human
Resources Budget
YTD
Actual
Annual %
over (under)
Jan 92,234 66,108 ‐28.33%
Feb 191,724 156,267 ‐18.49%
Mar 299,478 256,191 ‐14.45%
Apr 419,831 366,906 ‐12.61%
May 520,778 462,817 ‐11.13%
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 35.15%
$‐
$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 27 of 36
City of Renton
Monthly Expenditure Analysis ‐ 2015 Budget Year
Police Budget
YTD
Actual
Annual %
over (under)
Jan 2,838,312 2,696,824 ‐4.98%
Feb 5,338,652 5,110,347 ‐4.28%
Mar 8,132,481 8,006,482 ‐1.55%
Apr 10,622,411 10,472,025 ‐1.42%
May 13,442,707 13,204,343 ‐1.77%
Jun 16,090,029
Jul 18,935,667
Aug 21,421,969
Sep 24,280,565
Oct 26,807,764
Nov 29,604,248
Dec 32,571,356
Percent of budget expended 40.54%
Fire &
Emergency
Services Budget
YTD
Actual
Annual %
over (under)
Jan 2,492,921 2,067,851 ‐17.05%
Feb 5,128,345 5,131,944 0.07%
Mar 7,252,690 7,236,866 ‐0.22%
Apr 9,384,058 9,250,808 ‐1.42%
May 11,422,752 11,360,848 ‐0.54%
Jun 13,549,804
Jul 15,728,121
Aug 18,088,845
Sep 20,238,248
Oct 22,409,217
Nov 24,560,558
Dec 26,890,757
Percent of budget expended 42.25%
$‐
$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 28 of 36
City of Renton
Monthly Expenditure Analysis ‐ 2015 Budget Year
Community
Services Admin Budget
YTD
Actual
Annual %
over (under)
Jan 43,966 41,417 ‐5.80%
Feb 90,262 84,599 ‐6.27%
Mar 139,409 131,187 ‐5.90%
Apr 186,134 173,595 ‐6.74%
May 230,632 211,318 ‐8.37%
Jun 276,022
Jul 322,391
Aug 367,593
Sep 412,944
Oct 457,663
Nov 506,080
Dec 560,787
Percent of budget expended 37.68%
Parks Budget
YTD
Actual
Annual %
over (under)
Jan 323,319 291,345 ‐9.89%
Feb 668,166 618,104 ‐7.49%
Mar 1,019,824 958,044 ‐6.06%
Apr 1,402,450 1,289,256 ‐8.07%
May 1,791,764 1,638,570 ‐8.55%
Jun 2,210,429
Jul 2,663,055
Aug 3,155,333
Sep 3,622,427
Oct 4,061,392
Nov 4,444,252
Dec 4,835,254
Percent of budget expended 33.89%
$‐
$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 29 of 36
City of Renton
Monthly Expenditure Analysis ‐ 2015 Budget Year
Parks Planning
and Natural
Resources Budget
YTD
Actual
Annual %
over (under)
Jan 57,626 46,145 ‐19.92%
Feb 119,103 93,550 ‐21.45%
Mar 194,149 151,169 ‐22.14%
Apr 265,365 208,488 ‐21.43%
May 352,436 283,762 ‐19.49%
Jun 422,424
Jul 505,774
Aug 583,762
Sep 669,196
Oct 749,706
Nov 835,853
Dec 1,034,004
Percent of budget expended 27.44%
Recreation Budget
YTD
Actual
Annual %
over (under)
Jan 314,595 338,282 7.53%
Feb 674,027 685,764 1.74%
Mar 1,038,567 1,048,007 0.91%
Apr 1,416,679 1,422,635 0.42%
May 1,774,643 1,795,232 1.16%
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 34.52%
$‐
$200,000
$400,000
$600,000
$800,000
$1,000,000
$1,200,000
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 30 of 36
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 95,909 ‐31.70%
Mar 241,783 251,898 4.18%
Apr 375,238 410,324 9.35%
May 457,411 470,636 2.89%
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 39.22%
Neighborhoods
, Resources,
and Events Budget
YTD
Actual
Annual %
over (under)
Jan 71,877 57,115 ‐20.54%
Feb 160,969 132,128 ‐17.92%
Mar 234,444 197,567 ‐15.73%
Apr 308,166 257,014 ‐16.60%
May 375,327 324,365 ‐13.58%
Jun 462,220
Jul 579,552
Aug 670,339
Sep 750,598
Oct 831,121
Nov 918,936
Dec 1,036,841
Percent of budget expended 31.28%
$‐
$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 31 of 36
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 37,516 3.42%
Mar 54,386 56,379 3.67%
Apr 73,431 75,445 2.74%
May 92,462 94,299 1.99%
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 41.40%
Public Works
Admin Budget
YTD
Actual
Annual %
over (under)
Jan 34,823 31,422 ‐9.77%
Feb 69,626 64,809 ‐6.92%
Mar 104,435 96,942 ‐7.17%
Apr 141,243 128,823 ‐8.79%
May 175,830 161,020 ‐8.42%
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 40.68%
$‐
$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 32 of 36
City of Renton
Monthly Expenditure Analysis ‐ 2015 Budget Year
Street
Maintenance Budget
YTD
Actual
Annual %
over (under)
Jan 382,448 387,644 1.36%
Feb 810,592 784,009 ‐3.28%
Mar 1,196,298 1,213,907 1.47%
Apr 1,694,724 1,612,472 ‐4.85%
May 2,115,430 2,027,380 ‐4.16%
Jun 2,545,047
Jul 2,969,351
Aug 3,394,715
Sep 3,834,705
Oct 4,322,555
Nov 4,746,267
Dec 5,186,713
Percent of budget expended 39.09%
Transportation Budget
YTD
Actual
Annual %
over (under)
Jan 342,755 300,741 ‐12.26%
Feb 756,805 642,729 ‐15.07%
Mar 1,159,250 1,186,713 2.37%
Apr 1,721,150 1,532,946 ‐10.93%
May 2,085,812 1,925,413 ‐7.69%
Jun 2,447,685
Jul 2,855,673
Aug 3,315,075
Sep 3,658,906
Oct 4,074,919
Nov 4,433,073
Dec 5,076,998
Percent of budget expended 37.92%
$‐
$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 33 of 36
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 298,456 298,456 0.00%
Mar 298,456 298,456 0.00%
Apr 315,231 315,231 0.00%
May 13,990,556 13,990,556 0.00%
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 216.45%
Non‐
Departmental
Other City Budget
YTD
Actual
Annual %
over (under)
Jan 455,629 455,629 0.00%
Feb 668,193 668,193 0.00%
Mar 888,765 888,765 0.00%
Apr 1,114,142 1,114,142 0.00%
May 1,403,520 1,403,520 0.00%
Jun 3,370,389
Jul 3,932,120
Aug 4,493,852
Sep 5,055,583
Oct 5,617,315
Nov 6,179,046
Dec 6,740,778
Percent of budget expended 20.82%
$‐
$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
$‐
$2
$4
$6
$8
$10
$12
$14
$16
Millions Debt Service
Budget
Actual
Last Year
Page 34 of 36
City of Renton
Monthly Enterprise Fund Financial Report ‐ 2015 Budget Year
Utilities Budget Revenue Expense
Jan 5,199,392 5,924,339 3,255,611
Feb 11,168,377 11,761,602 9,177,660
Mar 17,399,993 18,199,879 13,336,961
Apr 23,282,829 24,382,710 16,788,962
May 29,815,221 30,878,316 22,688,463
Jun 37,340,357
Jul 45,172,785
Aug 52,345,600
Sep 60,520,029
Oct 67,617,877
Nov 74,232,293
Dec 88,898,298
Percent of budget expended 19.84%
Note: Operations and Capital
Airport Budget Revenue Expense
Jan 384,243 211,809 77,274
Feb 1,672,027 801,118 211,920
Mar 4,340,484 1,176,025 1,153,469
Apr 4,991,541 1,410,614 1,457,521
May 6,180,175 2,385,348 2,167,372
Jun 6,825,138
Jul 8,638,312
Aug 9,349,977
Sep 11,578,029
Oct 12,523,403
Nov 14,062,517
Dec 16,469,927
Percent of budget expended 13.16%
Note: Operations and Capital
$0
$10
$20
$30
$40
$50
$60
$70
$80
$90
Millions Utilities
Budget
Revenue
Expense
$‐
$2.00
$4.00
$6.00
$8.00
$10.00
$12.00
$14.00
$16.00
$18.00
Millions Airport
Budget
Revenue
Expense
Page 35 of 36
City of Renton
Monthly Enterprise Fund Financial Report ‐ 2015 Budget Year
Golf Course Budget Revenue Expense
Jan 136,222 86,725 126,955
Feb 267,568 192,539 271,231
Mar 424,001 356,415 452,194
Apr 608,130 576,883 608,006
May 756,759 835,706 774,384
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 29.60%
Note: Operations and Capital
$‐
$0.30
$0.60
$0.90
$1.20
$1.50
$1.80
$2.10
$2.40
$2.70
Millions Golf Course
Budget
Revenue
Expense
Page 36 of 36