HomeMy WebLinkAbout201511, November.pdfADMINISTRATIVE SERVICES
DEPARTMENT
M E M O R A N D U M
DATE: December 22, 2015
TO: Ed Prince, Council President
Members of the Renton City Council
CC: Denis Law, Mayor
Administrators
FROM: Hai Nguyen, Sr. Finance Analyst
SUBJECT: November 2015 Financial Status Report
At the end of November, general governmental revenues show $3.3 million or 3.1% over
budget. Revenue source(s) that are higher than expected are: property tax ($1.1 million); sales
tax ($286k); sales tax annexation credit ($122k); state shared revenues ($246k); utility taxes
($139k); franchise fees ($136k); gambling taxes ($309k); real estate excise taxes ($176k);
building permits & development service fees ($591k); public safety ($104k); interest/other
earnings ($200k); and other miscellaneous ($182k). On the down side, the revenue source(s)
that are underperforming the year to date budget is fines/penalties ($294k below).
General government expenditures showed a favorable variance of $2.6 million or 2.5%. 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 32,042,618 35,295,390 34,891,805 36,040,000 35,032,115 36,165,159 1,133,044 3.2%
Sales Tax 20,416,372 18,730,304 21,512,379 19,670,488 23,109,731 21,132,445 21,418,213 285,768 1.4%
Sales Tax ‐ Annexation Credit 2,418,789 2,218,819 2,542,394 2,324,445 2,639,968 2,417,582 2,539,635 122,053 5.0%
Criminal Justice Sales Tax 2,091,174 1,911,568 2,267,947 2,073,416 2,455,519 2,244,765 2,275,933 31,168 1.4%
Natural Gas Use Tax 263,660 242,545 271,485 254,617 268,000 251,348 219,877 (31,471) ‐12.5%
Admission Tax 327,258 327,109 310,311 310,311 320,000 319,925 309,790 (10,135) ‐3.2%
Franchise Fees 1,312,727 1,264,244 1,342,269 1,292,767 1,260,000 1,213,498 1,349,154 135,656 11.2%
Electricity Tax 5,155,789 4,721,058 5,167,444 4,690,047 4,865,536 4,435,632 4,528,875 93,242 2.1%
Natural Gas Utility Tax 1,550,900 1,382,487 1,562,341 1,389,780 1,350,900 1,202,944 1,277,156 74,212 6.2%
Garbage/Solid Waste 397,596 369,785 573,457 522,678 580,000 533,060 589,582 56,522 10.6%
TV Cable 1,481,779 1,352,005 1,518,821 1,385,576 1,579,365 1,440,925 1,451,947 11,022 0.8%
Telephone 917,021 813,888 909,088 868,936 952,500 877,762 846,680 (31,082) ‐3.5%
Cellular Phone 2,050,312 1,780,338 1,951,925 1,669,157 1,817,056 1,566,105 1,539,459 (26,646) ‐1.7%
City Utilities 3,964,989 3,635,803 3,961,052 3,639,725 4,208,377 3,862,983 3,844,246 (18,737) ‐0.5%
Utility Tax Audit ‐ ‐ 460,513 460,513 1,434,000 1,434,000 1,446,078 12,078 0.8%
Leasehold Excise Tax 164,637 124,288 171,470 130,132 179,000 135,496 123,703 (11,792) ‐8.7%
Gambling Excise Tax 1,319,585 1,168,258 1,650,384 1,501,414 2,000,000 1,797,778 2,107,138 309,360 17.2%
Real Estate Excise Tax 4,131,665 2,883,394 4,348,762 4,256,583 4,400,000 3,981,797 4,158,068 176,271 4.4%
Less: CIP REET (700,000) (554,513) (1,650,000) (807,272) (1,400,000) (1,154,168) (1,154,168) ‐ 0.0%
EMS Levy 916,361 687,271 916,361 916,361 920,000 702,305 702,305 ‐ 0.0%
Business License Fees 2,911,691 2,888,731 2,965,850 2,945,211 3,006,000 2,983,706 3,107,486 123,780 4.1%
Less: CIP Business License Fees (2,407,925) (2,389,176) (2,450,295) (2,433,219) (2,500,000) (2,481,564) (2,569,019) (87,454) 3.5%
Animal Licenses and Spec Events Permits 99,411 93,844 95,698 92,413 91,000 86,712 94,102 7,390 8.5%
Building Permits & Development Svc Fees 4,001,625 3,653,481 4,519,234 4,064,867 5,504,749 4,993,832 5,585,024 591,193 11.8%
Intergovt'l (Grants, State Shared, etc) 3,863,974 3,518,583 4,522,540 4,016,500 4,232,445 3,424,321 3,632,812 208,491 6.1%
Fire District 25 and 40 Contracts 5,726,895 5,648,511 5,959,428 5,959,428 6,116,326 4,023,182 4,023,182 ‐ 0.0%
Public Safety 680,581 627,295 844,375 778,671 537,457 495,576 599,658 104,082 21.0%
Culture and Recreation 1,494,580 1,431,570 1,485,123 1,455,994 1,580,616 1,531,740 1,545,547 13,807 0.9%
Interfund/Interdept‐Services 3,464,913 3,300,723 3,270,503 3,006,896 3,221,947 2,953,451 2,881,338 (72,114) ‐2.4%
Fines and Penalties 1,137,140 976,576 962,977 904,847 1,126,500 1,009,190 766,946 (242,245) ‐24.0%
Photo Enforcement 1,629,524 1,509,300 1,719,971 1,522,009 2,194,000 1,985,581 1,934,263 (51,318) ‐2.6%
Seizure Funds ‐ Federal/State/Local 50,639 40,876 68,870 59,593 50,000 42,034 21,676 (20,358) ‐48.4%
Interests and Other Earnings 423,609 98,597 981,630 603,712 875,300 437,456 637,433 199,977 45.7%
Rents, Leases, and Concessions 734,530 706,234 711,070 684,092 710,216 683,060 738,668 55,608 8.1%
Contributions and Donations 84,320 80,715 113,626 105,287 137,000 128,733 137,537 8,803 6.8%
Other Miscellaneous 684,187 627,855 879,105 769,307 705,369 639,646 821,708 182,062 28.5%
Other Financing Sources (Transfer ‐In, etc) 299,527 24,292 48,632 47,257 255,000 7,607 7,607 0 0.0%
Total Operating Revenues 105,545,527 97,939,274 111,782,133 106,024,345 116,823,877 106,372,561 109,704,799 3,332,238 3.1%
OPERATING EXPENDITURES
Council 289,911 263,960 309,317 283,891 335,838 307,043 293,152 13,892 4.5%
Executive 1,240,910 1,121,750 1,338,738 1,190,964 1,731,019 1,551,898 1,500,571 51,327 3.3%
City Attorney 1,922,225 1,604,675 1,829,254 1,666,481 2,001,421 1,745,168 1,640,168 104,999 6.0%
Court Services 2,003,104 1,793,783 2,016,273 1,808,423 2,157,721 1,933,771 1,835,205 98,566 5.1%
Community and Eco Dvlpmnt Admin 1,047,860 943,428 1,010,761 924,619 1,177,608 1,068,592 1,093,721 (25,129) ‐2.4%
Development Services 3,243,702 2,973,668 2,659,078 2,419,251 2,831,223 2,586,672 2,393,288 193,384 7.5%
Economic Development 467,511 412,147 654,007 577,062 1,063,786 938,288 588,721 349,567 37.3%
Planning 1,510,707 1,382,280 2,095,706 1,876,321 2,718,890 2,456,673 2,404,791 51,882 2.1%
Finance 2,274,147 1,799,155 2,644,827 2,124,461 3,167,120 2,526,251 2,461,903 64,349 2.5%
City Clerk 1,020,822 955,952 1,152,246 912,188 1,091,558 938,389 803,924 134,465 14.3%
Human Resources 904,182 815,257 922,668 820,519 1,316,577 1,178,873 1,050,082 128,791 10.9%
Police 24,946,784 22,831,367 26,383,640 23,764,096 28,240,663 25,635,611 25,702,274 (66,663) ‐0.3%
Jail Services 3,814,042 3,496,206 3,760,273 3,447,083 4,200,000 3,797,319 3,797,319 ‐ 0.0%
Fire 24,444,372 22,411,736 25,240,760 22,967,966 27,038,036 24,695,074 24,175,218 519,856 2.1%
Community Services Admin 452,146 414,255 480,727 427,611 560,787 506,080 463,226 42,854 8.5%
Parks 4,024,756 3,703,721 4,070,181 3,736,620 4,870,254 4,476,422 4,021,960 454,462 10.2%
Parks Planning & Natural Resources 829,250 601,585 722,739 652,989 999,004 807,560 732,286 75,275 9.3%
Recreation 4,846,970 4,472,957 4,823,195 4,413,265 5,200,923 4,779,294 4,673,994 105,300 2.2%
Human Services 1,162,330 962,149 1,159,189 984,040 1,204,977 1,010,163 1,043,621 (33,458) ‐3.3%
Neighborhoods, Resources, & Events 770,841 703,994 875,223 754,887 1,036,841 918,936 841,423 77,513 8.4%
Museum 209,387 192,315 214,291 195,746 227,761 208,614 208,186 428 0.2%
Public Works Admin 426,312 395,530 389,493 355,520 395,867 364,445 355,440 9,005 2.5%
Street Maintenance 3,814,132 3,497,441 4,503,315 4,113,703 5,186,713 4,746,267 4,592,421 153,846 3.2%
Transportation 4,476,854 3,894,267 4,263,725 3,737,728 5,153,529 4,499,897 4,416,007 83,890 1.9%
Debt Service 8,048,508 3,562,890 8,393,140 3,858,787 6,459,484 1,547,614 1,547,614 0 0.0%
Non‐Departmental and Other 5,475,340 3,530,675 9,758,346 7,699,087 10,140,778 6,516,312 6,516,312 ‐ 0.0%
Total Operating Expenditures 103,667,105 88,737,144 111,671,112 95,713,308 120,508,379 101,741,226 99,152,824 2,588,402 2.5%
Total Ending Fund Balance 17,454,262$ 24,777,970$ 17,565,283$ 27,765,300$ 13,880,779$ 22,196,617$ 28,117,257$ 5,920,640$ 26.7%
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 November 2015
Page 1 of 36
Monthly Financial Report November 2015
OVERVIEW
This financial overview reflects the City’s overall financial position for the fiscal year through November 30, 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 75% of all
resources supporting general governmental activities. The following section provides detail information on property, sales,
utility, and other taxes.
Property Tax
November’s collection is $10
million, making the total year‐to‐
date collection $36.2 million or
100.3% of the total budget. In
comparison to the previous year,
the City collected $1.3 million or
4% more. Compared to the
budget, the City is above
projections by $1.1 million or 3%.
The current month variances from
prior year and budget are due to
the timing of when collections
were recorded. The City has met
the budget for property taxes.
Sales Tax
November 2015 sales tax receipts
totalled $2.2 million. Compared
with the same month last year, it
is $206k or 11% more. Compared
to the projected current month’s
budget, it is $122k or 6% above.
The year‐to‐date collection of
$21.4 million is $1.7 million or 9%
more than the prior year and is
also $286k or 1% more than
budgeted. 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.
The City is projecting sales taxes to meet the budget at year‐end.
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) 17,789 147,318 391,837 ‐160% 129,528 728%
Jul 352,287 527,609 65,395 (286,892) ‐81% (462,214) ‐88%
Aug 178,936 427,951 94,817 (84,119) ‐47% (333,134) ‐78%
Sep 574,579 515,969 561,525 (13,054) ‐2% 45,556 9%
Oct 11,777,175 9,346,477 6,263,616 (5,513,559) ‐47% (3,082,861) ‐33%
Nov 4,051,387 6,227,843 9,975,046 5,923,658 146% 3,747,202 60%
Dec 403,584 1,007,885
YTD Total 34,891,805$ 35,032,115$ 36,165,159$ 1,273,353$ 4% 1,133,044$ 3%
Annual Total 35,295,390$ 36,040,000$
Property Tax Revenues
Year to Date through November
2015 vs. 2014 2015 vs. Budget
Month
2014 2015 2015
ActualBudgetActual $%$%
Jan 1,607,045$ 1,802,556$ 1,758,332$ 151,287$ 9% (44,224)$ ‐2%
Feb 2,079,673 2,218,573 2,260,395 180,722 9% 41,822 2%
Mar 1,562,210 1,720,678 1,674,147 111,937 7% (46,531) ‐3%
Apr 1,558,271 1,749,695 1,750,506 192,235 12% 811 0%
May 1,759,697 2,026,918 1,977,843 218,146 12% (49,075) ‐2%
Jun 1,669,870 1,821,856 1,677,458 7,588 0% (144,398) ‐8%
Jul 1,731,929 1,830,123 1,866,949 135,020 8% 36,826 2%
Aug 2,030,161 2,019,492 2,178,289 148,128 7% 158,797 8%
Sep 1,849,720 1,905,179 2,100,591 250,871 14% 195,411 10%
Oct 1,869,025 2,000,922 2,014,951 145,926 8% 14,029 1%
Nov 1,952,887 2,036,453 2,158,753 205,867 11% 122,300 6%
Dec 1,841,892 1,977,286 ‐
YTD Total 19,670,488$ 21,132,445$ 21,418,213$ 1,747,725$ 9% 285,768$ 1%
Annual Total 21,512,379$ 23,109,731$
2015 vs. Budget2015 vs. 2014
Month
Year to Date through November
Local Retail Sales Tax Revenues
Page 2 of 36
Monthly Financial Report November 2015
The following table breaks out the City’s base sales tax (excluding Criminal Justice and Annexation Credit) by major business
sectors:
Utility tax
November utility tax revenues are
$1.3 million, which is $172k or
15% higher than the same month
last year and is also higher than
the budget by $147k or 12%. The
year‐to‐date collection is $15.7
million, which is $863k or 6%
higher than the prior year and is
also $139k or 1% higher than the
budget. Excluding audit related
collections, the City is projecting
utility tax revenues to be very
close to the budget at year‐end.
The table below breaks out Utility Tax by source. The variance for Cellular and Phone utilities are due to lower activity. The
favourable utility tax audit revenues are gross and do not include the related audit fees (projected to be $372k for 2015).
2014 2015 2015
Actual Budget Actual $ % $ %
Jan 1,373,119$ 1,303,962$ 1,199,348$ (173,771)$ ‐13% (104,614)$ ‐8%
Feb 1,524,563 1,444,053 1,371,771 (152,792) ‐10% (72,282) ‐5%
Mar 1,631,438 1,388,952 1,544,060 (87,378) ‐5% 155,107 11%
Apr 1,218,999 1,357,184 1,263,898 44,900 4% (93,285) ‐7%
May 1,380,317 1,347,185 1,262,764 (117,553) ‐9% (84,421) ‐6%
Jun 1,376,544 1,264,733 1,815,284 438,740 32% 550,551 44%
Jul 1,526,628 2,600,526 2,175,167 648,538 42% (425,359) ‐16%
Aug 1,270,116 1,260,098 1,351,000 80,884 6% 90,902 7%
Sep 1,206,313 1,308,274 1,214,144 7,831 1% (94,131) ‐7%
Oct 1,202,725 1,135,096 1,204,406 1,682 0% 69,310 6%
Nov 1,170,266 1,194,697 1,342,058 171,792 15% 147,361 12%
Dec 1,495,099 1,450,974
YTD Total 14,881,028$ 15,604,760$ 15,743,900$ 862,872$ 6% 139,140$ 1%
Annual Total 16,376,127$ 17,055,734$
2015 vs. Budget2015 vs. 2014
Year to Date through November
Utility Tax Revenues
Month
Sales Tax by Sector 2014 2015 Bgt YTD Act Change 2015/2014 2015 Act vs Bgt
New Construction 2,090,362$ 2,588,438$ 2,718,274$ 627,912$ 30% $ 129,836 5%
Auto Sales 3,769,955 4,050,721 4,221,573 451,618 12% 170,852 4%
General Retail 6,169,128 6,276,057 6,547,677 378,549 6% 271,621 4%
Manufacturing 1,828,938 1,959,456 1,592,607 (236,331) ‐13% (366,849)‐19%
Wholesale 1,062,383 1,073,530 1,095,937 33,554 3% 22,407 2%
Service 4,201,906 4,360,480 4,722,364 520,458 12% 361,884 8%
Other 547,815 823,763 519,781 (28,035) ‐5% (303,982)‐37%
YTD Total 19,670,488$ 21,132,445$ 21,418,213$ 1,747,725$ 9%285,768$ 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 4,690,047$ 4,435,632$ 4,528,875$ (161,173)$ ‐3%$ 93,242 2%
Natural Gas 1,644,397 1,454,292 1,497,033 (147,364) ‐9% 42,741 3%
Cell 1,669,157 1,566,105 1,539,459 (129,698) ‐8% (26,646)‐2%
Phone 868,936 877,762 846,680 (22,256) ‐3% (31,082)‐4%
Cable 1,385,576 1,440,925 1,451,947 66,371 5% 11,022 1%
Garbage/Solid Waste 522,678 533,060 589,582 66,903 13% 56,522 11%
City Utilities 3,639,725 3,862,983 3,844,246 204,522 6% (18,737) 0%
Utility Tax Audit 460,513 1,434,000 1,446,078 985,565 214% 12,078 1%
YTD Total 14,881,028$ 15,604,760$ 15,743,900$ 862,872$ 6%139,140$ 1%
Annual Total 16,376,127$ 17,055,734$
YTD as % of 91% 91%
Page 3 of 36
Monthly Financial Report November 2015
Other Taxes
Real Estate Excise Tax
The City collected $326k in Real
Estate Excise Tax revenues (REET)
for November. This is $102k or
46% more than the same month
last year but is $94k or 22% less
than the current month’s budget.
The year‐to‐date collection is $4.2
million, which is $99k or 2% less
than the prior year but is $176k or
4% above the budget. The higher
than expected variance is due to
21 large transactions in February,
March, April, May, June, August
September and October which
accounts for $878k of the total
REET collected. The City is
projecting REET to be very close to the budget at year‐end.
Gambling Tax
November’s Gambling Tax
collections totalled $213k, which
is $56k or 36% above the same
month last year and is also above
the current month’s budget by
$30k or 16%. The year‐to‐date
total of $2.1 million is $606k or
40% above the prior year and is
also $309k or 17% above budget.
$128k of the year‐to‐date
collections are from a payment
plan of back taxes earned in
2013/2014. Gambling taxes have
exceeded the current budget.
Pull tabs overall had a 9%
increase, bingo had a 23% decrease, and card‐rooms are seeing 53% 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 $1.3 million is $56k or 4%
higher than the prior year and is
also $136k or 11% above the
projected year‐to‐date budget.
The City has exceeded the
Franchise fees 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 624,342 504,632 478,186 (146,155) ‐23% (26,445) ‐5%
Jul 350,214 384,017 563,474 213,260 61% 179,457 47%
Aug 346,677 324,185 281,921 (64,756) ‐19% (42,264) ‐13%
Sep 265,534 318,242 449,693 184,160 69% 131,452 41%
Oct 436,050 405,227 497,978 61,928 14% 92,751 23%
Nov 223,675 420,174 325,743 102,068 46% (94,431) ‐22%
Dec 92,179 418,203
YTD Total 4,256,583$ 3,981,797$ 4,158,068$ (98,515)$ ‐2% 176,271$ 4%
Annual Total 4,348,762$ 4,400,000$
Month
2015 vs. Budget2015 vs. 2014
Real Estate Excise Tax Revenues
Year to Date through November
2014 2015 2015
Actual Budget Actual $ % $ %
Jan 131,776$ 178,642$ 158,293$ 26,516$ 20% (20,350)$ ‐11%
Feb 133,109 139,287 184,189 51,080 38% 44,902 32%
Mar 153,695 178,445 169,262 15,567 10% (9,183) ‐5%
Apr 103,980 177,534 207,646 103,666 100% 30,112 17%
May 138,319 158,910 183,090 44,771 32% 24,180 15%
Jun 135,701 131,836 174,036 38,335 28% 42,200 32%
Jul 122,588 142,591 194,895 72,306 59% 52,304 37%
Aug 130,381 155,093 226,785 96,404 74% 71,692 46%
Sep 139,444 172,155 180,986 41,542 30% 8,831 5%
Oct 155,499 180,231 215,119 59,620 38% 34,889 19%
Nov 156,921 183,053 212,838 55,916 36% 29,785 16%
Dec 148,970 202,222 ‐
YTD Total 1,501,414$ 1,797,778$ 2,107,138$ 605,723$ 40% 309,360$ 17%
Annual Total 1,650,384$ 2,000,000$
2015 vs. 2014
Gambling Tax Revenue
Month
Year to Date through November
2015 vs. Budget
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 324,273 303,714 340,657 16,383 5% 36,943 12%
Oct 321,828 305,167 339,936 18,109 6% 34,769 11%
Dec 49,502 46,502 ‐
YTD Total 1,292,767$ 1,213,498$ 1,349,154$ 56,388$ 4% 136,175$ 11%
Annual Total 1,342,269$ 1,260,000$
Franchise Fees Revenue
Year to Date through November
Month
2015 vs. 2014 2015 vs. Budget
Page 4 of 36
Monthly Financial Report November 2015
Admission Tax
Admission Tax returns are due
quarterly in January, April, July,
and October of each year.
October 2015 collections
represent activities conducted
during the 3rd quarter of 2015.
The year‐to‐date collection of
$310k is $376 less than the prior
year and is also $10k or 3% less
than the budget. The City is
projecting admission taxes to be
under the budget at year‐end.
Licenses and Permits
Building Permits and
Development Service Fees
Building Permits and
Development Service Fee
revenues totalled $428k in
November. The year‐to‐date
development fees revenue of $5.6
million is $1.5 million or 37%
more than the year before and is
also $591k or 12% higher than
budget. The variance in June/July
2015 is due to a large payment for
building permits and plan
checking fees (Southport
Developer and Group Health
Projects). The City has met the
budget for building permits and
development service fees.
Business Licenses
Business Licenses totalled $117k
for November, which is $9k or 9%
above the same month last year
and is also $22k or 23% above the
current month’s budget. The
year‐to‐date Business Licenses
revenue of $3.1 million is $162k
or 6% above the prior year and is
also above the budget by $124k
or 4%. The City has met the
budget for business licenses.
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 82,804 3,675 5% (815) ‐1%
Aug ‐ 38 ‐
Oct 76,631 81,433 75,167 (1,463) ‐2% (6,266) ‐8%
Nov ‐ 598 35 35 100% (564) ‐94%
Dec ‐ 75 ‐
YTD Total 310,311$ 319,925$ 309,790$ (376)$ 0% (10,024)$ ‐3%
Annual Total 310,311$ 320,000$
2015 vs. Budget
Admission Tax Revenue
Year to Date through November
Month
2015 vs. 2014
2014 2015 2015
Actual Budget Actual $ % $ %
Jan 432,890$ 491,210$ 260,603$ (172,288)$ ‐40% (230,608)$ ‐47%
Feb 412,317 415,734 328,557 (83,760) ‐20% (87,177) ‐21%
Mar 388,190 443,816 275,826 (112,364) ‐29% (167,990) ‐38%
Apr 374,004 479,460 655,282 281,279 75% 175,822 37%
May 349,590 475,938 235,121 (114,469) ‐33% (240,818) ‐51%
Jun 516,689 525,474 1,024,848 508,160 98% 499,374 95%
Jul 288,957 391,290 873,549 584,591 202% 482,258 123%
Aug 300,184 414,963 454,971 154,787 52% 40,008 10%
Sep 369,040 403,359 586,213 217,173 59% 182,855 45%
Oct 393,023 541,362 462,191 69,168 18% (79,171) ‐15%
Nov 239,983 411,224 427,863 187,881 78% 16,639 4%
Dec 454,368 510,917
YTD Total 4,064,867$ 4,993,832$ 5,585,024$ 1,520,158$ 37% 591,193$ 12%
Annual Total 4,519,234$ 5,504,749$
Building Permits and Development Service Fees
Year to Date through November
2015 vs. Budget2015 vs. 2014
Month
2014 2015 2015
Actual Budget Actual $ % $ %
Jan 597,369$ 544,128$ 588,093$ (9,276)$ ‐2% 43,964$ 8%
Feb 145,936 178,140 222,022 76,086 52% 43,882 25%
Mar 28,425 46,252 26,067 (2,358) ‐8% (20,185) ‐44%
Apr 557,203 543,071 513,360 (43,843) ‐8% (29,711) ‐5%
May 86,852 129,015 167,985 81,133 93% 38,971 30%
Jun 39,763 34,705 25,663 (14,100) ‐35% (9,042) ‐26%
Jul 637,487 611,117 645,791 8,304 1% 34,674 6%
Aug 95,938 134,518 134,328 38,390 40% (190) 0%
Sep 28,686 27,016 29,333 646 2% 2,317 9%
Oct 619,492 640,673 637,451 17,959 3% (3,222) ‐1%
Nov 108,061 95,071 117,394 9,333 9% 22,323 23%
Dec 20,639 22,294 ‐
YTD Total 2,945,211$ 2,983,706$ 3,107,486$ 162,275$ 6% 123,780$ 4%
Annual Total 2,965,850$ 3,006,000$
*Total Business License (GF & CIP)
Business Licenses*
Month
2015 vs. 2014
Year to Date through November
2015 vs. Budget
Page 5 of 36
Monthly Financial Report November 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
84% of the total
revenues in this category. The year‐to‐date total Intergovernmental revenue is $10.6 million or 77% of the budget.
State Shared Revenues
State Shared Revenue
collections totalled $4.9
million since the start of
the year. Compared to
the prior year, State
Shared Revenues are
above by $363k or 8%.
Compared to the
projected budget, the
City is collecting $246k
or 5% more. The higher
than expected collection
is due to collecting more
than anticipated
Criminal Justice Sales Tax, Criminal Justice’s High Crime, Liquor Excise Tax, and Fuel Tax. The City is also receiving State
distributions of Marijuana Enforcement.
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 59%
of the total revenue in this category. The year‐to‐date total charges for services are $7.5 million or 101% of the budget. The
following sections provide detail information for Public Safety, Recreation, and Interfund Services.
Public Safety Services
Public Safety Services totalled
$600k 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 $181k or 23% less.
Compared to the year‐to‐date
budget, the City is over budget by
$104k or 21%. The large January
2014 variance is due to the timing
of when Valley Narcotics
2014 2015 2015
Actual Budget Actual $ % $ %
Jan 117,639$ 52,782$ 58,509$ (59,130)$ ‐50% 5,727$ 11%
Feb 45,139 57,088 42,228 (2,910) ‐6% (14,860) ‐26%
Mar 44,028 28,547 62,481 18,453 42% 33,933 119%
Apr 38,202 35,975 146,715 108,513 284% 110,739 308%
May 35,540 29,398 55,309 19,769 56% 25,910 88%
Jun 107,246 50,751 33,004 (74,242) ‐69% (17,747) ‐35%
Jul 56,212 44,191 39,540 (16,672) ‐30% (4,651) ‐11%
Aug 64,201 37,645 59,046 (5,155) ‐8% 21,401 57%
Sep 44,169 32,788 23,104 (21,065) ‐48% (9,684) ‐30%
Oct 190,822 95,715 33,339 (157,484) ‐83% (62,376) ‐65%
Nov 37,507 30,696 46,384 8,877 24% 15,689 51%
Dec 65,704 41,881 ‐
YTD Total 780,705$ 495,576$ 599,658$ (181,047)$ ‐23% 104,082$ 21%
Annual Total 846,409$ 537,457$
Year to Date through November
Public Safety Services
2015 vs. 2014 2015 vs. Budget
Month
Intergovernmental 2014 2015 Bgt YTD Act Change 2015/2014 2015 Act vs Bgt
Fire District #25 1,242,038$ 1,283,737$ 1,283,737$ 41,699$ 3% $ ‐ 0%
Fire District #40 4,715,356 2,739,445 2,739,445 (1,975,912) ‐42%‐ 0%
State Shared Revenue 4,521,399 4,638,260 4,884,152 362,753 8% 245,892 5%
Federal Grants 1,378,554 806,202 806,202 (572,352) ‐42%‐ 0%
State Grants 41,174 39,894 39,894 (1,280) ‐3%‐ 0%
Other Grants/Intgovt 1,065,150 887,035 880,802 (184,347) ‐17% (6,233) ‐1%
ARRA Grants ‐ 0 ‐ ‐ N/A ‐ 0%
Total Rev YTD 12,963,671$ 10,394,573$ 10,634,232$ (2,329,439)$ ‐18%239,659$ 2%
Total Rev Annual 13,664,242$ 13,724,290$
YTD %95% 76% 77%
Note: Includes CJ Sales Tax and FD25 & FD40 contracts
2014 2015 2015
Actual Budget Actual $ % $ %
Crim Just Sales Tax 2,073,416$ 2,244,765$ 2,275,933$ 202,518$ 10% 31,168$ 1%
Judicial Contribution 22,669 ‐ 21,873 (796) ‐4% 21,873 100%
Crim Just ‐ High Crime 253,799 200,000 281,859 28,060 11% 81,859 41%
Crim Just ‐ Pop 24,563 24,000 25,972 1,410 6% 1,972 8%
Crim Just ‐ Spec Prog 91,026 89,000 95,162 4,136 5% 6,162 7%
State DUI 17,201 17,000 14,725 (2,476) ‐14% (2,275) ‐13%
Marijuana Enforcement ‐ ‐ 2,929 2,929 100% 2,929 100%
Liquor Profits 636,899 637,611 638,833 1,934 0% 1,222 0%
Liquor Excise Tax 179,526 220,000 264,628 85,102 47% 44,628 20%
Fuel Tax 1,222,300 1,205,884 1,262,237 39,938 3% 56,354 5%
YTD Total 4,521,399$ 4,638,260$ 4,884,152$ 362,753$ 8% 245,892$ 5%
Annual Total 5,045,728$ 5,177,519$
2015 vs. Budget
State Shared Revenues
2015 vs. 2014
Revenue
Year to Date through November
Page 6 of 36
Monthly Financial Report November 2015
Enforcement Team (VNET) 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. The City
has met the budget for public safety services.
Recreation
Recreation revenues totalled $62k
for the current month. Compared
to the same month the prior year,
the City collected $25k or 69%
more. Compared to the projected
monthly budget, the City
collected $7k or 14% more. The
year‐to‐date collection of $1.5
million is $90k or 6% higher than
the year before and is also $14k
or 1% higher 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. The City currently has $95k in class revenues to
be recognized as soon as the classes begin. The City is projecting recreation revenues to be very close with the budget at year‐
end.
Interfund Services
The year‐to‐date collections for
Interfund Services revenues are
$2.9 million. Compared to the
prior year, the revenues are under
by $126k or 4%. Compared to the
projected budget, the revenues
are below by $72k or 2%. 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. The City is projecting interfund
services to be very close to the budget at year‐end.
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 172,332 171,135 227,942 55,610 32% 56,807 33%
Jul 318,669 352,117 428,943 110,275 35% 76,826 22%
Aug 245,982 239,664 313,197 67,215 27% 73,533 31%
Sep 119,109 128,721 119,720 611 1% (9,001) ‐7%
Oct 72,614 82,910 55,478 (17,136) ‐24% (27,432) ‐33%
Nov 36,383 54,128 61,601 25,219 69% 7,474 14%
Dec 29,129 48,876 ‐
YTD Total 1,455,994$ 1,531,740$ 1,545,547$ 89,553$ 6% 13,807$ 1%
Annual Total 1,485,123$ 1,580,616$
Recreation
Year to Date through November
2015 vs. Budget2015 vs. 2014
Month
2014 2015 2015
Actual Budget Actual $ % $ %
Jan 301,808$ 268,496$ 265,068$ (36,741)$ ‐12% (3,428)$ ‐1%
Feb 257,027 268,496 264,413 7,386 3% (4,083) ‐2%
Mar 287,465 268,496 260,071 (27,393) ‐10% (8,424) ‐3%
Apr 295,489 268,496 248,466 (47,023) ‐16% (20,030) ‐7%
May 269,032 268,496 260,774 (8,259) ‐3% (7,722) ‐3%
Jun 277,620 268,496 292,480 14,860 5% 23,985 9%
Jul 244,707 268,496 252,451 7,744 3% (16,045) ‐6%
Aug 284,344 268,496 248,774 (35,570) ‐13% (19,721) ‐7%
Sep 278,550 268,496 247,822 (30,728) ‐11% (20,674) ‐8%
Oct 256,662 268,496 283,145 26,483 10% 14,649 5%
Nov 254,192 268,496 257,874 3,682 1% (10,622) ‐4%
Dec 263,607 268,496 ‐
YTD Total 3,006,896$ 2,953,451$ 2,881,338$ (125,559)$ ‐4% (72,114)$ ‐2%
Annual Total 3,270,503$ 3,221,947$
Interfund Services
Year to Date through November
2015 vs. 2014 2015 vs. Budget
Month
Page 7 of 36
Monthly Financial Report November 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
$2.7 million. This is $274k or 11%
higher than a year ago but is
$294k or 10% 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. The City is projecting fines and penalties
to be under the budget at year‐end.
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
$1.9 million.
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. The City is projecting photo enforcement program
revenues to be under the budget at year‐end.
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 224,214 299,729 268,116 43,903 20% (31,612) ‐11%
Jul 205,103 271,908 221,949 16,846 8% (49,959) ‐18%
Aug 258,728 261,362 280,257 21,529 8% 18,895 7%
Sep 247,480 243,883 272,343 24,862 10% 28,460 12%
Oct 239,990 262,728 260,327 20,336 8% (2,402) ‐1%
Nov 287,406 292,068 281,222 (6,185) ‐2% (10,847) ‐4%
Dec 256,092 325,729
YTD Total 2,426,857$ 2,994,771$ 2,701,209$ 274,353$ 11% (293,562)$ ‐10%
Annual Total 2,682,948$ 3,320,500$
2015 vs. Budget2015 vs. 2014
Year to Date through November
Fines and Penalties by Month
Month
Year to Date through November
2014 2015 2015
Actual Budget Actual $ % $ %
Civil Penalties 5,548$ 14,178$ 3,135$ (2,413)$ ‐43% (11,043)$ ‐78%
Civil Infraction Penalties 478,132 541,483 369,835 (108,297) ‐23% (171,648) ‐32%
Civil Parking Infraction Penalties 165,479 177,478 142,674 (22,805) ‐14% (34,804) ‐20%
Photo Enforcement Program 1,522,009 1,985,581 1,934,263 412,254 27% (51,318) ‐3%
Criminal Traffic Misdemeanor Fines 79,525 102,027 76,752 (2,773) ‐3% (25,274) ‐25%
Criminal Non‐Traffic Fines 38,401 43,150 52,014 13,612 35% 8,864 21%
Criminal Costs 112,502 110,378 90,563 (21,939) ‐20% (19,815) ‐18%
Non‐Court Fines, Forfeitures and Penalties 25,261 20,497 31,973 6,712 27% 11,476 56%
YTD Total 2,426,857$ 2,994,771$ 2,701,209$ 274,353$ 11% (293,562)$ ‐10%
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 191,262 200,678 88,955 94,154 106,524
Jul 193,937 148,024 88,955 94,291 53,734
Aug 168,554 216,524 88,955 94,258 122,266
Sep 153,716 202,489 88,955 94,222 108,268
Oct 170,949 186,018 88,955 94,108 91,911
Nov 199,054 177,660 88,955 93,455 84,205
Dec 208,419 ‐ 88,955 ‐ ‐
YTD Total 1,985,581$ 1,934,263$ 978,505$ 966,729$ 967,534$
Annual Total 2,194,000$ 1,067,460$
1 Actuals of Revenues and Expenses
ExpensesRevenues
Photo Enforcement Program
Year to Date through November
Month
Page 8 of 36
Monthly Financial Report November 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 $1.9 million.
Compared to last year, the
revenues are above by $126k or
7%. Compared to the projected
year‐to‐date budget, the revenues
are over by $373k or 24%. 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. The City is projecting
miscellaneous revenues to exceed the budget at year‐end.
Interest and other earnings are higher than the budget due to the timing of when interfund interest was recorded from Surface
Water to Street Maintenance (prior year, trued up in September). Budget will correct itself at year‐end.
Rents, leases, and concessions are higher than the prior year and budget due to higher than expected facility rentals at the
Community Center and higher than expended food concessions at Coulon Park.
Other miscellaneous revenues are higher than the prior year and budget due to higher than expected utility late payment
penalties, miscellaneous fire reimbursements, and purchase card rebates.
Seizure funds are lower than the budget due to lower activity.
EXPENSES
Overall the City has expended 82% of its budgeted general governmental expenditures at the end of November. This is $2.6
million or 2.5% below year‐to‐date budgeted expenditures. See below for summary of unfavorable items for general
governmental departments.
Police department is over the year‐to‐date budget by $67k due to overspending on supplies ($126k) and services ($204k) and
underspending on salaries/benefits ($264k). We expect the department will be very close to (but still under) the budget at year‐
end.
2014 2015 2015
Actual Budget Actual $ % $ %
Jan 243,963$ 196,426$ 269,664$ 25,701$ 11% 73,238$ 37%
Feb 99,547 84,425 135,539 35,992 36% 51,114 61%
Mar 126,132 138,899 182,386 56,253 45% 43,487 31%
Apr 70,094 80,582 132,893 62,799 90% 52,311 65%
May 107,650 110,553 144,753 37,103 34% 34,200 31%
Jun 257,714 209,423 215,629 (42,085) ‐16% 6,206 3%
Jul (21,407) 40,958 189,913 211,319 ‐987% 148,955 364%
Aug 121,979 127,944 199,969 77,990 64% 72,025 56%
Sep 552,749 361,236 139,977 (412,772) ‐75% (221,259) ‐61%
Oct 119,594 106,839 173,512 53,918 45% 66,673 62%
Nov 128,732 102,583 148,227 19,495 15% 45,644 44%
Dec 491,839 514,648
YTD Total 1,806,747$ 1,559,868$ 1,932,462$ 125,715$ 7% 372,593$ 24%
Annual Total 2,298,586$ 2,074,516$
Year to Date through November
Month
2015 vs. Budget2015 vs. 2014
Miscellaneous Revenues by Month
2014 2015 2015
Actual Budget Actual $ % $ %
Interests and Other Earnings 603,712$ 437,456$ 637,433$ 33,722$ 6% 199,977$ 46%
Rents, Leases, and Concessions 684,092 683,060 738,668 54,576 8% 55,608 8%
Contributions/Donations from Private Sources 105,287 128,733 137,537 32,250 31% 8,803 7%
Other 354,063 268,584 397,147 43,085 12% 128,563 48%
Seizure Funds ‐ Federal/State/Local 59,593 42,034 21,676 (37,917) ‐64% (20,358) ‐48%
YTD Total 1,806,747$ 1,559,868$ 1,932,462$ 125,715$ 7% 372,593$ 24%
Annual Total 2,298,586$ 2,074,516$
2015 vs. Budget
Miscellaneous Revenues by Type
Year to Date through November
Revenue
2015 vs. 2014
Page 9 of 36
Monthly Financial Report November 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.
Airport Golf Course Solid Waste
Utility Water Utility Wastewater
Utility
Surface Water
Utility Metro
REVENUES:
Licenses and permits ‐ ‐ ‐ ‐ 96,084 54,850 ‐
Grants / intergovernmental 1,958,817 ‐ 109,496 ‐ 15,161 1,420,591 ‐
Charges for services 136,311 1,851,037 15,793,200 16,536,472 9,018,897 9,601,015 14,590,625
Interdepartmental services ‐ ‐ ‐ ‐ ‐ ‐ ‐
Fines and penalties 2,830 ‐ ‐ ‐ 545 ‐ ‐
Rents, leases, and misc fees 2,309,416 388,497 86,530 152,350 ‐ ‐ ‐
Interest and other misc 5,399 9,194 13,851 840,820 872,240 1,143,194 16,072
TOTAL REVENUES 4,412,773 2,248,728 16,003,078 17,529,642 10,002,927 12,219,650 14,606,697
EXPENSES:
Utility billing ‐ ‐ 114,661 100,946 82,291 132,203 ‐
Utility systems ‐ ‐ 13,898,675 3,583,486 2,928,619 3,113,081 ‐
Utility maintenance ‐ ‐ 257,426 4,859,852 1,408,969 2,358,359 13,992,324
Transportation 1,516,998 ‐ ‐ ‐ ‐ ‐ ‐
Golf ‐ 1,825,312 ‐ ‐ ‐ ‐ ‐
TOTAL EXPENSES 1,516,998 1,825,312 14,270,762 8,544,284 4,419,879 5,603,643 13,992,324
AMOUNT AVAILABLE FOR DEBT SERVICE 2,895,775 423,416 1,732,316 8,985,358 5,583,048 6,616,007 614,373
DEBT SERVICE:
Principal ‐ ‐ ‐ 395,175 265,745 42,590 ‐
Interest ‐ ‐ ‐ 297,136 148,920 604,358 ‐
TOTAL DEBT SERVICE ‐ ‐ ‐ 692,311 414,665 646,948 ‐
CAPITAL PROJECTS 2,412,876 ‐ ‐ 750,967 808,041 2,837,871 ‐
TRANSFERS IN/(OUT)‐ ‐ (1,903) (4,467) (1,606) (1,280) ‐
CHANGE IN FUND BALANCE 482,899 423,416 1,730,413 7,537,613 4,358,736 3,129,908 614,373
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, Nov 30 1,289,720 380,505 3,276,019 23,409,707 11,947,825 10,934,129 3,930,683
Page 10 of 36
Monthly Financial Report November 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 ‐ 168,441 ‐ ‐ ‐ ‐ ‐
Grants / intergovernmental ‐ ‐ ‐ ‐ ‐ ‐ 40,057
Charges for services
Equipment rental m&o 2,550,994 3,216,446 ‐ ‐ ‐ ‐ ‐
Print and mail ‐ 80,827 ‐ 385,409 ‐ ‐ ‐
Communications ‐ 3,183 ‐ 528,376 ‐ ‐ ‐
Facilities ‐ ‐ 4,511,359 ‐ ‐ ‐ ‐
Data cards and cell phones ‐ 147,064 ‐ ‐ ‐ ‐ ‐
IT service contracts ‐ 451,418 ‐ ‐ ‐ ‐ ‐
Interest and other misc 23,184 9,735 5,947 2,120 60,782 30,778 36,395
Internal service fund misc:
Vehicle / equipment capital recovery 2,714,224 155,834 ‐ ‐ ‐ ‐ ‐
Insurance premiums ‐ ‐ ‐ ‐ 1,701,473 ‐ ‐
Worker's comp/unemployment ‐ ‐ ‐ ‐ 1,692,905 ‐ ‐
Benefit premiums ‐ ‐ ‐ ‐ ‐ 10,654,115 2,041,053
Other misc 1,868 320 3,608 17 ‐ 1,064,131 ‐
Interfund Loan ‐ ‐ ‐ ‐ 143,079 ‐ ‐
Capital contributions ‐ ‐ ‐ ‐ ‐ ‐ ‐
Disposal of capital assets 95,929 ‐ ‐ ‐ ‐ ‐ ‐
Insurance recoveries ‐ ‐ ‐ ‐ 68,208 ‐ ‐
TOTAL REVENUES 5,386,199 4,233,268 4,520,914 915,922 3,666,447 11,749,024 2,117,505
EXPENSES:
Communications 380,142
Equipment rental 1,954,879
Facilities 3,973,857
Healthcare 11,207,002
Information technology 3,432,310
Print and mail 343,309
Retiree healthcare 1,008,273
Risk management:
Ri sk management 1,788,822
Unemployment 37,850
Worker's compensation 1,343,114
TOTAL EXPENSES 1,954,879 3,432,310 3,973,857 723,451 3,169,786 11,207,002 1,008,273
AMOUNT AVAILABLE FOR CAPITAL 3,431,320 800,958 547,057 192,471 496,661 542,022 1,109,232
CAPITAL PROJECTS 3,453,532 354,532 365,115 ‐ ‐ ‐ ‐
TRANSFERS IN 125,500 66,863 ‐ ‐ 1,300,000 ‐ ‐
TRANSFERS (OUT)‐ ‐ ‐ ‐ ‐ ‐ ‐
CHANGE IN FUND BALANCE 103,288 513,289 181,942 192,471 1,796,661 542,022 1,109,232
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, Nov 30 5,413,607 2,429,337 1,336,031 576,440 13,865,972 7,217,527 8,821,095
Page 11 of 36
Monthly Financial Report November 2015
FUND BALANCE
Page 13 shows the ending fund balance as of November 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 November, the City has $28.1 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 $10.6 million
from the year’s beginning balance. November’s ending fund balance is over the anticipated General Governmental Fund
Balance of $22.2 million by $5.9 million or 26.7%. 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 November 2015
City of Renton
All Funds ‐ Revenue, Expenditures and Fund Balances
Cash Basis through November 30, 2015
Funds
Balance
01/01/2015
Budgeted
Revenue
Revenue
11/30/15
Total Funds
Available
Budgeted
Expenditure
Expenditure
11/30/15 Ending Balance
GENERAL GOVERNMENT FUNDS: 17,565,282 130,515,681 123,396,603 140,961,885 134,200,183 112,844,628 28,117,257
000 General 11,159,313 87,577,058 81,839,302 92,998,615 90,339,279 77,590,420 15,408,195
001 Community Services 2,467,703 11,978,920 11,482,268 13,949,971 12,608,356 10,655,650 3,294,322
003 Street 2,147,229 10,029,242 9,829,665 11,976,894 10,340,242 9,008,428 2,968,466
004 Community Dev Block Grant 74,951 462,908 500 75,451 448,804 53,840 21,611
005 Museum 65,500 227,761 227,955 293,455 227,761 208,186 85,269
009 Farmers Market 104,950 59,400 76,598 181,548 59,453 77,239 104,309
011 Fire Health & Wellness 74,565 25,000 23,146 97,711 25,000 11,447 86,264
201 Ltd GO Bonds Gen Govt Debt 838,633 1,749,405 1,755,361 2,593,994 1,749,405 97,050 2,496,944
215 Gen Govt Mi sc Debt Service 632,438 18,405,987 18,161,809 18,794,247 18,401,883 15,142,368 3,651,878
SPECIAL REVENUE FUNDS: 1,100,381 2,669,131 1,665,997 2,766,378 2,905,484 1,227,084 1,539,294
102 Arterial Street 14,885 640,000 595,195 610,080 640,000 ‐ 610,080
108 Leased City Properties 121,014 1,651,457 673,795 794,809 1,760,918 956,707 (161,898)
110 Hotel Motel 219,090 265,000 290,761 509,851 283,942 188,267 321,584
125 1% For Art 101,380 15,000 449 101,829 102,950 ‐ 101,829
127 Cable Communication 313,090 97,674 104,335 417,425 117,674 82,110 335,315
135 Springbrook Wetlands Bank 330,922 ‐ 1,462 332,384 ‐ ‐ 332,384
CAPITAL PROJECT FUNDS (CIP):27,979,966 31,584,643 11,988,573 39,968,539 54,638,617 21,151,053 18,817,486
303 Community Dev Mitigation 1,238,600 86,500 385,800 1,624,400 472,264 ‐ 1,624,400
304 Fire Mitigation 926,488 99,000 480,407 1,406,895 250,000 ‐ 1,406,895
305 Transportation Mitigation 844,648 600,000 1,441,292 2,285,940 1,152,335 ‐ 2,285,940
316 Municipal Facilities CIP 4,493,986 14,168,279 5,005,996 9,499,982 18,368,489 4,611,484 4,888,498
317 Transportation CIP 4,059,718 16,630,864 4,623,739 8,683,457 18,990,769 5,471,435 3,212,022
326 Housing Opportunity 1,086,766 ‐ 4,674 1,091,440 75,000 50,000 1,041,440
336 New Library Development 15,329,760 ‐ 46,665 15,376,425 15,329,760 11,018,134 4,358,291
ENTERPRISE FUNDS: 36,891,230 98,443,404 77,069,327 113,960,557 112,578,620 58,791,966 55,168,591
4X2 Airport Operating & CIP 806,821 16,596,888 4,412,772 5,219,593 16,469,927 3,929,873 1,289,720
403 Solid Waste Utility 1,545,606 16,461,726 16,003,078 17,548,684 16,675,139 14,272,666 3,276,018
4X4 Golf Operating & CIP (42,911) 2,655,383 2,294,560 2,251,649 2,616,052 1,871,145 380,504
4X5 Water Operating & CIP 15,872,094 16,272,634 17,529,643 33,401,737 23,299,381 9,992,028 23,409,709
4X6 Waste Water Operating & CIP 7,589,089 11,979,140 10,002,927 17,592,016 15,088,076 5,644,189 11,947,827
416 King County Metro 3,316,310 16,638,722 14,606,697 17,923,007 16,638,722 13,992,324 3,930,683
4X7 Surface Water Operating & CIP 7,804,221 17,838,911 12,219,650 20,023,871 21,791,323 9,089,741 10,934,130
INTERNAL SERVICE FUNDS: 35,221,104 37,393,475 34,081,642 69,302,746 38,302,275 29,642,737 39,660,009
501 Equipment Repair/Replacement 5,310,319 5,901,271 5,511,699 10,822,018 7,436,777 5,408,411 5,413,607
502 Insurance 12,069,311 5,641,647 4,966,448 17,035,759 4,469,578 3,169,785 13,865,974
503 Information Services 1,916,048 4,677,631 4,300,131 6,216,179 5,653,265 3,786,842 2,429,337
504 Facilities 1,154,089 4,954,325 4,520,914 5,675,003 5,210,093 4,338,972 1,336,031
505 Communications 383,969 992,431 915,922 1,299,891 992,245 723,452 576,439
512 Insurance, Healthcare 6,675,505 12,954,736 11,749,023 18,424,528 13,424,573 11,207,002 7,217,526
522 Insurance, Leoff1 Retirees HC 7,711,863 2,271,434 2,117,505 9,829,368 1,115,744 1,008,273 8,821,095
FIDUCIARY FUNDS:5,040,982 468,000 474,090 5,515,072 210,475 200,341 5,314,731
611 Firemen's Pension 5,040,982 468,000 474,090 5,515,072 210,475 200,341 5,314,731
TOTAL FUNDS 123,798,945 301,074,334 248,676,232 372,475,177 342,835,654 223,857,809 148,617,368
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 51,254,305 42,084,303 9,170,002 26,735,284
June 58,502,159 51,004,212 7,497,948 25,063,230
July 66,463,072 64,338,959 2,124,113 19,689,395
August 73,257,997 73,279,846 (21,849) 17,543,433
September 80,087,858 82,095,423 (2,007,565) 15,557,717
October 93,114,545 90,590,196 2,524,349 20,089,631
November 109,704,799 99,152,824 10,551,975 28,117,257
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
12,000,000
-
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 5,931,557 5,697,180 -3.95%
Feb 12,393,052 11,956,490 -3.52%
Mar 18,956,429 18,465,333 -2.59%
Apr 34,007,976 35,699,323 4.97%
May 50,803,750 51,254,305 0.89%
Jun 56,966,183 58,502,159 2.70%
Jul 64,866,011 66,463,072 2.46%
Aug 71,469,380 73,257,997 2.50%
Sep 77,986,180 80,087,858 2.69%
Oct 93,972,460 93,114,545 -0.91%
Nov 106,372,561 109,704,799 3.13%
Dec 116,823,877
Percent of budget 93.91%
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 19,204,760 6.77%
Jul 18,513,875 19,270,155 4.08%
Aug 18,941,825 19,364,972 2.23%
Sep 19,457,794 19,926,497 2.41%
Oct 28,804,271 26,190,113 -9.08%
Nov 35,032,115 36,165,159 3.23%
Dec 36,040,000
Percent of budget 100.35%
$-
$10
$20
$30
$40
$50
$60
$70
$80
$90
$100
$110
$120
$130
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 2,005,372 1,966,653 -1.93%
Feb 4,478,155 4,494,673 0.37%
Mar 6,393,165 6,366,163 -0.42%
Apr 8,334,311 8,324,401 -0.12%
May 10,581,229 10,538,752 -0.40%
Jun 12,606,557 12,415,056 -1.52%
Jul 14,649,841 14,503,117 -1.00%
Aug 16,913,926 16,939,671 0.15%
Sep 19,045,728 19,289,499 1.28%
Oct 21,277,419 21,542,909 1.25%
Nov 23,550,027 23,957,848 1.73%
Dec 25,749,699
Percent of budget 93.04%
Note: Excludes CJ Sales Tax and Natural Gas Use Tax.
Utility Tax Budget
YTD
Actual
Annual %
over (under)
Jan 1,303,962 1,199,348 -8.02%
Feb 2,748,015 2,571,119 -6.44%
Mar 4,136,967 4,115,178 -0.53%
Apr 5,494,151 5,379,077 -2.09%
May 6,841,335 6,641,841 -2.92%
Jun 8,106,068 8,457,125 4.33%
Jul 10,706,594 10,632,292 -0.69%
Aug 11,966,692 11,983,292 0.14%
Sep 13,274,966 13,197,436 -0.58%
Oct 14,410,063 14,401,842 -0.06%
Nov 15,604,760 15,743,900 0.89%
Dec 17,055,734
Percent of budget 92.31%
Note: Includes Natural Gas Use Tax.
$-
$3
$6
$9
$12
$15
$18
$21
$24
$27
$30
Millions Sales Tax
Budget
Actual
Last Year
$-
$2
$4
$6
$8
$10
$12
$14
$16
$18Millions 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 445,694 299,656 -32.77%
Feb 786,447 583,727 -25.78%
Mar 1,051,480 784,273 -25.41%
Apr 1,500,918 1,164,263 -22.43%
May 1,865,043 1,377,137 -26.16%
Jun 2,276,345 1,717,718 -24.54%
Jul 2,652,900 2,571,810 -3.06%
Aug 2,988,582 2,976,733 -0.40%
Sep 3,286,304 3,473,896 5.71%
Oct 3,821,693 3,919,158 2.55%
Nov 4,157,739 4,172,927 0.37%
Dec 4,406,417
Percent of budget 94.70%
Note: GF only
Intergovt'l Budget
YTD
Actual
Annual %
over (under)
Jan 497,869 500,793 0.59%
Feb 1,128,889 1,144,443 1.38%
Mar 1,668,580 1,686,664 1.08%
Apr 2,802,924 2,889,749 3.10%
May 5,725,051 5,820,910 1.67%
Jun 6,442,958 6,536,174 1.45%
Jul 6,899,115 6,947,631 0.70%
Aug 7,718,361 7,796,091 1.01%
Sep 8,431,275 8,537,955 1.27%
Oct 9,314,747 9,382,466 0.73%
Nov 10,394,573 10,634,232 2.31%
Dec 13,724,290
Percent of budget 77.48%
Note: Includes CJ Sales Tax and FD25 & FD40 contracts
$-
$2
$4
$6
$8
$10
$12
$14
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 572,520 523,882 -8.50%
Feb 1,115,763 982,531 -11.94%
Mar 1,721,063 1,508,665 -12.34%
Apr 2,387,509 2,428,409 1.71%
May 2,973,146 2,895,781 -2.60%
Jun 3,626,055 4,190,545 15.57%
Jul 4,431,424 5,100,073 15.09%
Aug 5,116,956 5,829,415 13.92%
Sep 5,683,982 6,366,503 12.01%
Oct 6,290,084 6,915,071 9.94%
Nov 6,776,774 7,495,770 10.61%
Dec 7,438,721
Percent of budget 100.77%
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 1,385,113 -16.70%
Jul 1,934,730 1,607,062 -16.94%
Aug 2,196,092 1,887,318 -14.06%
Sep 2,439,975 2,159,661 -11.49%
Oct 2,702,703 2,419,988 -10.46%
Nov 2,994,771 2,701,209 -9.80%
Dec 3,320,500
Percent of budget 81.35%
$-
$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 680,085 745,094 9.56%
Feb 1,112,062 1,061,217 -4.57%
Mar 1,471,347 1,488,270 1.15%
Apr 2,495,650 2,456,370 -1.57%
May 2,871,774 2,936,494 2.25%
Jun 3,435,087 3,511,086 2.21%
Jul 4,208,160 4,552,047 8.17%
Aug 4,630,128 5,002,153 8.03%
Sep 5,008,101 5,518,082 10.18%
Oct 5,886,587 6,551,157 11.29%
Nov 6,294,326 6,893,685 9.52%
Dec 6,759,000
Percent of budget 101.99%
Misc Budget
YTD
Actual
Annual %
over (under)
Jan 196,426 269,664 37.29%
Feb 280,851 405,203 44.28%
Mar 419,749 587,589 39.99%
Apr 500,332 720,482 44.00%
May 610,885 865,234 41.64%
Jun 820,308 1,080,863 31.76%
Jul 861,266 1,270,776 47.55%
Aug 989,210 1,470,745 48.68%
Sep 1,350,446 1,610,722 19.27%
Oct 1,457,285 1,784,234 22.44%
Nov 1,559,868 1,932,462 23.89%
Dec 2,074,516
Percent of budget 93.15%
$-
$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 3,718 3,718 0.00%
Jun 3,718 3,718 0.00%
Jul 8,107 8,107 0.00%
Aug 7,607 7,607 0.00%
Sep 7,607 7,607 0.00%
Oct 7,607 7,607 0.00%
Nov 7,607 7,607 0.00%
Dec 255,000
Percent of budget 2.98%
$0
$0
$0
$0
$0
$0
$0
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 2,129,952 2,039,258 -4.26%
Jul 2,513,969 2,602,732 3.53%
Aug 2,838,154 2,884,653 1.64%
Sep 3,156,396 3,334,347 5.64%
Oct 3,561,623 3,832,325 7.60%
Nov 3,981,797 4,158,068 4.43%
Dec 4,400,000
Percent of budget 94.50%
Bldg Permits
& Devlpmt Svc
Fees Budget
YTD
Actual
Annual %
over (under)
Jan 491,210 260,603 -46.95%
Feb 906,945 589,160 -35.04%
Mar 1,350,761 864,986 -35.96%
Apr 1,830,221 1,520,269 -16.94%
May 2,306,159 1,755,389 -23.88%
Jun 2,831,634 2,780,238 -1.82%
Jul 3,222,924 3,653,786 13.37%
Aug 3,637,887 4,108,757 12.94%
Sep 4,041,246 4,694,970 16.18%
Oct 4,582,607 5,157,161 12.54%
Nov 4,993,832 5,585,024 11.84%
Dec 5,504,749
Percent of budget 101.46%
$-
$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
$5.50
$6.00
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 8,893,204 8,067,548 -9.28%
Feb 17,851,507 17,074,731 -4.35%
Mar 26,437,706 25,740,531 -2.64%
Apr 35,116,157 33,688,640 -4.07%
May 43,746,472 42,084,303 -3.80%
Jun 52,794,718 51,004,212 -3.39%
Jul 66,220,513 64,338,959 -2.84%
Aug 75,480,166 73,279,846 -2.92%
Sep 84,411,850 82,095,423 -2.74%
Oct 93,210,054 90,590,196 -2.81%
Nov 101,741,226 99,152,824 -2.54%
Dec 120,508,379
Percent of budget expended 93.64%
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 171,000 166,120 -2.85%
Jul 198,534 191,473 -3.56%
Aug 225,314 217,023 -3.68%
Sep 252,423 242,364 -3.98%
Oct 279,819 267,722 -4.32%
Nov 307,043 293,152 -4.52%
Dec 335,838
Percent of budget expended 87.29%
$-
$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 104,145 80,465 -22.74%
Feb 250,111 200,055 -20.01%
Mar 398,316 319,885 -19.69%
Apr 554,853 443,641 -20.04%
May 701,585 568,027 -19.04%
Jun 834,329 687,127 -17.64%
Jul 980,323 814,282 -16.94%
Aug 1,131,197 1,085,450 -4.04%
Sep 1,269,616 1,239,205 -2.40%
Oct 1,413,367 1,358,895 -3.85%
Nov 1,551,898 1,500,571 -3.31%
Dec 1,731,019
Percent of budget expended 86.69%
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 934,548 908,816 -2.75%
Jul 1,092,795 1,062,566 -2.77%
Aug 1,255,535 1,217,493 -3.03%
Sep 1,423,372 1,381,137 -2.97%
Oct 1,584,730 1,510,380 -4.69%
Nov 1,745,168 1,640,168 -6.02%
Dec 2,001,421
Percent of budget expended 81.95%
$-
$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 167,379 151,935 -9.23%
Feb 340,315 313,414 -7.90%
Mar 513,575 477,408 -7.04%
Apr 699,853 641,217 -8.38%
May 872,953 810,280 -7.18%
Jun 1,060,752 994,496 -6.25%
Jul 1,239,657 1,162,369 -6.23%
Aug 1,415,282 1,335,130 -5.66%
Sep 1,591,471 1,502,782 -5.57%
Oct 1,765,983 1,669,036 -5.49%
Nov 1,933,771 1,835,205 -5.10%
Dec 2,157,721
Percent of budget expended 85.05%
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 581,892 546,093 -6.15%
Jul 679,312 735,445 8.26%
Aug 776,605 824,910 6.22%
Sep 874,091 914,918 4.67%
Oct 971,695 1,004,505 3.38%
Nov 1,068,592 1,093,721 2.35%
Dec 1,177,608
Percent of budget expended 92.88%
$-
$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 234,613 201,493 -14.12%
Feb 456,898 427,863 -6.35%
Mar 696,217 653,820 -6.09%
Apr 955,798 867,751 -9.21%
May 1,190,810 1,086,324 -8.77%
Jun 1,425,901 1,300,030 -8.83%
Jul 1,660,036 1,514,993 -8.74%
Aug 1,910,472 1,743,441 -8.74%
Sep 2,124,078 1,959,658 -7.74%
Oct 2,357,307 2,174,837 -7.74%
Nov 2,586,672 2,393,288 -7.48%
Dec 2,831,223
Percent of budget expended 84.53%
Economic
Development Budget
YTD
Actual
Annual %
over (under)
Jan 106,386 43,127 -59.46%
Feb 153,720 122,554 -20.27%
Mar 233,133 171,373 -26.49%
Apr 315,530 228,439 -27.60%
May 384,978 278,258 -27.72%
Jun 473,082 326,497 -30.98%
Jul 577,231 375,085 -35.02%
Aug 674,639 435,115 -35.50%
Sep 765,561 488,183 -36.23%
Oct 854,274 535,152 -37.36%
Nov 938,288 588,721 -37.26%
Dec 1,063,786
Percent of budget expended 55.34%
$-
$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 178,040 197,905 11.16%
Feb 378,017 398,110 5.32%
Mar 586,222 616,614 5.18%
Apr 802,759 829,531 3.33%
May 1,018,496 1,087,344 6.76%
Jun 1,244,706 1,325,058 6.46%
Jul 1,480,705 1,537,578 3.84%
Aug 1,728,995 1,737,966 0.52%
Sep 1,974,856 1,965,628 -0.47%
Oct 2,227,348 2,195,594 -1.43%
Nov 2,456,673 2,404,791 -2.11%
Dec 2,718,890
Percent of budget expended 88.45%
Finance Budget
YTD
Actual
Annual %
over (under)
Jan 196,797 171,705 -12.75%
Feb 396,355 350,741 -11.51%
Mar 607,163 531,013 -12.54%
Apr 830,317 711,350 -14.33%
May 1,048,277 907,912 -13.39%
Jun 1,334,245 1,245,394 -6.66%
Jul 1,584,067 1,427,769 -9.87%
Aug 1,861,055 1,830,087 -1.66%
Sep 2,100,083 2,041,642 -2.78%
Oct 2,315,404 2,264,451 -2.20%
Nov 2,526,251 2,461,903 -2.55%
Dec 3,167,120
Percent of budget expended 77.73%
$-
$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 612,495 404,603 -33.94%
Jul 674,452 472,059 -30.01%
Aug 745,168 552,466 -25.86%
Sep 810,502 618,893 -23.64%
Oct 876,269 727,698 -16.96%
Nov 938,389 803,924 -14.33%
Dec 1,091,558
Percent of budget expended 73.65%
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 633,337 560,008 -11.58%
Jul 740,272 659,471 -10.92%
Aug 851,182 754,220 -11.39%
Sep 962,393 846,717 -12.02%
Oct 1,068,605 957,363 -10.41%
Nov 1,178,873 1,050,082 -10.92%
Dec 1,316,577
Percent of budget expended 79.76%
$-
$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 2,826,826 2,696,824 -4.60%
Feb 5,317,237 5,110,347 -3.89%
Mar 8,099,785 8,006,482 -1.15%
Apr 10,579,833 10,472,025 -1.02%
May 13,388,743 13,204,343 -1.38%
Jun 15,998,606 15,808,511 -1.19%
Jul 18,827,607 18,702,324 -0.67%
Aug 21,298,927 21,233,544 -0.31%
Sep 24,140,827 24,057,053 -0.35%
Oct 26,652,856 26,592,484 -0.23%
Nov 29,432,930 29,499,592 0.23%
Dec 32,440,663
Percent of budget expended 90.93%
Fire &
Emergency
Services Budget
YTD
Actual
Annual %
over (under)
Jan 2,506,575 2,067,851 -17.50%
Feb 5,156,433 5,131,944 -0.47%
Mar 7,292,413 7,236,866 -0.76%
Apr 9,435,454 9,250,808 -1.96%
May 11,485,313 11,360,848 -1.08%
Jun 13,624,016 13,459,450 -1.21%
Jul 15,814,263 15,607,269 -1.31%
Aug 18,187,917 17,680,343 -2.79%
Sep 20,349,091 19,870,338 -2.35%
Oct 22,531,951 21,926,869 -2.69%
Nov 24,695,074 24,175,218 -2.11%
Dec 27,038,036
Percent of budget expended 89.41%
$-
$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 276,022 247,147 -10.46%
Jul 322,391 290,564 -9.87%
Aug 367,593 334,458 -9.01%
Sep 412,944 377,704 -8.53%
Oct 457,663 419,558 -8.33%
Nov 506,080 463,226 -8.47%
Dec 560,787
Percent of budget expended 82.60%
Parks Budget
YTD
Actual
Annual %
over (under)
Jan 325,659 291,345 -10.54%
Feb 673,002 618,104 -8.16%
Mar 1,027,206 958,044 -6.73%
Apr 1,412,601 1,289,256 -8.73%
May 1,804,734 1,638,570 -9.21%
Jun 2,226,430 2,010,536 -9.70%
Jul 2,682,332 2,473,410 -7.79%
Aug 3,178,173 2,870,952 -9.67%
Sep 3,648,648 3,293,368 -9.74%
Oct 4,090,791 3,675,425 -10.15%
Nov 4,476,422 4,021,960 -10.15%
Dec 4,870,254
Percent of budget expended 82.58%
$-
$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 55,675 46,145 -17.12%
Feb 115,072 93,550 -18.70%
Mar 187,578 151,169 -19.41%
Apr 256,383 208,488 -18.68%
May 340,506 283,762 -16.66%
Jun 408,125 338,895 -16.96%
Jul 488,654 418,287 -14.40%
Aug 564,003 489,839 -13.15%
Sep 646,544 564,806 -12.64%
Oct 724,329 659,859 -8.90%
Nov 807,560 732,286 -9.32%
Dec 999,004
Percent of budget expended 73.30%
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 2,207,568 1.40%
Jul 2,840,460 2,820,946 -0.69%
Aug 3,538,644 3,440,666 -2.77%
Sep 4,068,609 3,939,814 -3.17%
Oct 4,421,871 4,302,363 -2.70%
Nov 4,779,294 4,673,994 -2.20%
Dec 5,200,923
Percent of budget expended 89.87%
$-
$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 48,572 46,455 -4.36%
Feb 141,007 95,909 -31.98%
Mar 242,790 251,898 3.75%
Apr 376,801 410,324 8.90%
May 459,317 470,636 2.46%
Jun 518,930 548,427 5.68%
Jul 654,312 685,824 4.82%
Aug 742,062 760,204 2.44%
Sep 792,922 832,688 5.02%
Oct 937,329 989,382 5.55%
Nov 1,010,163 1,043,621 3.31%
Dec 1,204,977
Percent of budget expended 86.61%
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 462,220 401,711 -13.09%
Jul 579,552 520,522 -10.19%
Aug 670,339 613,785 -8.44%
Sep 750,598 708,481 -5.61%
Oct 831,121 774,155 -6.85%
Nov 918,936 841,423 -8.44%
Dec 1,036,841
Percent of budget expended 81.15%
$-
$0.20
$0.40
$0.60
$0.80
$1.00
$1.20
Millions Human Services
Budget
Actual
Last Year
$-
$200,000
$400,000
$600,000
$800,000
$1,000,000
$1,200,000
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 111,827 113,004 1.05%
Jul 131,075 131,778 0.54%
Aug 150,608 151,082 0.31%
Sep 169,866 170,064 0.12%
Oct 189,289 189,243 -0.02%
Nov 208,614 208,186 -0.20%
Dec 227,761
Percent of budget expended 91.41%
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 208,809 193,206 -7.47%
Jul 240,160 225,570 -6.08%
Aug 271,809 258,768 -4.80%
Sep 303,553 291,848 -3.86%
Oct 334,125 323,704 -3.12%
Nov 364,445 355,440 -2.47%
Dec 395,867
Percent of budget expended 89.79%
$-
$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 2,452,514 -3.64%
Jul 2,969,351 2,920,408 -1.65%
Aug 3,394,715 3,381,140 -0.40%
Sep 3,834,705 3,791,733 -1.12%
Oct 4,322,555 4,197,786 -2.89%
Nov 4,746,267 4,592,421 -3.24%
Dec 5,186,713
Percent of budget expended 88.54%
Transportation Budget
YTD
Actual
Annual %
over (under)
Jan 347,922 300,741 -13.56%
Feb 768,213 642,729 -16.33%
Mar 1,176,725 1,186,713 0.85%
Apr 1,747,094 1,532,946 -12.26%
May 2,117,253 1,925,413 -9.06%
Jun 2,484,582 2,312,208 -6.94%
Jul 2,898,719 2,724,715 -6.00%
Aug 3,365,047 3,156,877 -6.19%
Sep 3,714,061 3,565,364 -4.00%
Oct 4,136,344 4,008,706 -3.09%
Nov 4,499,897 4,416,007 -1.86%
Dec 5,153,529
Percent of budget expended 85.69%
$-
$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 298,751 298,751 0.00%
Jun 814,758 814,758 0.00%
Jul 1,072,897 1,072,897 0.00%
Aug 1,323,214 1,323,214 0.00%
Sep 1,323,214 1,323,214 0.00%
Oct 1,547,614 1,547,614 0.00%
Nov 1,547,614 1,547,614 0.00%
Dec 6,459,484
Percent of budget expended 23.96%
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 1,632,035 1,632,035 0.00%
Jul 5,791,355 5,791,355 0.00%
Aug 5,851,672 5,851,672 0.00%
Sep 6,107,821 6,107,821 0.00%
Oct 6,317,413 6,317,413 0.00%
Nov 6,516,312 6,516,312 0.00%
Dec 10,140,778
Percent of budget expended 64.26%
$-
$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 34 of 36
City of Renton
Monthly Enterprise Fund Financial Report - 2015 Budget Year
Utilities Budget Revenue Expense
Jan 5,496,388 5,924,339 3,255,611
Feb 11,743,584 11,761,602 9,177,660
Mar 18,286,196 18,199,879 13,336,961
Apr 24,457,123 24,382,710 16,788,962
May 31,338,990 30,878,316 22,688,463
Jun 39,313,029 37,437,155 29,803,028
Jul 47,606,264 44,703,712 33,891,138
Aug 55,153,250 51,790,989 38,739,436
Sep 63,711,730 58,125,298 43,639,627
Oct 71,136,709 64,667,098 48,304,856
Nov 78,057,080 70,361,924 52,985,899
Dec 93,492,641
Percent of budget expended 42.88%
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 2,633,309 2,397,844
Jul 8,638,312 2,841,764 2,666,191
Aug 9,349,977 3,463,681 3,020,465
Sep 11,578,029 3,682,477 3,320,376
Oct 12,523,403 4,160,241 3,546,436
Nov 14,062,517 4,412,772 3,929,873
Dec 16,469,927
Percent of budget expended 23.86%
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 1,183,367 956,202
Jul 1,153,686 1,502,346 1,166,019
Aug 1,493,111 1,838,160 1,356,952
Sep 1,741,845 2,062,396 1,528,872
Oct 1,899,744 2,227,475 1,710,206
Nov 2,046,993 2,294,561 1,871,145
Dec 2,616,052
Percent of budget expended 71.53%
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