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HomeMy WebLinkAbout201204, April.pdfFINANCE AND  INFORMATION TECHNOLOGY    M   E   M   O   R   A   N   D   U   M       DATE: May 17, 2012     TO: Rich Zwicker, Council President  Members of the Renton City Council     CC: Denis Law, Mayor  Administrators     FROM: Hai Nguyen, Sr. Finance Analyst     SUBJECT: April 2012 Financial Status Report       At the end of April, general governmental revenues show $2.3 million or 7.8% over budget.   Revenues sources that are higher than expected are: property taxes ($2.1 million); gambling  excise taxes ($46k); real estate excise taxes ($144k); building permits & development service  fees ($236k); state shared revenues ($96k); rents, leases, and concessions ($68k); and other  miscellaneous (74k).  On the down side, the revenue sources that are underperforming the year  to date budget are: franchise fees ($43k below); utility taxes ($112k below); culture and  recreation fees ($79k below); interfund/inter‐departmental services ($216k below); and  fines/forfeitures ($87k below).    The $2.3 million favorable revenue variance is mostly due to the $2.1 million higher than  expected collections in property taxes.  This is due to the timing of collections in which the $2.1  million was recorded in April instead of normally being recorded in May.  Taking this amount  out, the general governmental revenues are actually $218k or 0.7% favorable.    General government expenditures showed favorable variance of $479k or 1.5%.  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.        General  Governmental Funds $% Beginning Fund Balance 11,955,285$       11,955,285$       11,407,119$       11,407,119$       11,057,551$       11,057,551$       11,057,551$       0$                        0.0% OPERATING REVENUES Property Tax 31,497,128          7,697,974             32,357,894          9,205,472             32,896,746          9,024,212             11,127,076          2,102,864      23.3% Sales  Tax 17,198,220          5,768,664             17,729,731          5,876,031             17,864,000          5,939,662             5,925,812             (13,850)            ‐0.2% Sales  Tax ‐ Annexation  Credit 2,025,660             677,118                  2,033,954             663,746                  2,101,647             685,836                  711,311                  25,475             3.7% Criminal Justice Sales  Tax 1,620,479             536,715                  1,809,757             562,500                  1,867,145             580,337                  606,636                  26,299             4.5% Natural  Gas  Use Tax 228,514                  99,228                     249,407                  109,217                  270,394                  118,408                  164,028                  45,621             38.5% Admission  Tax 291,399                  141,355                  308,200                  134,463                  350,000                  152,699                  154,705                  2,005                1.3% Franchise  Fees 1,222,444             594,746                  1,234,448             600,206                  1,323,000             643,262                  599,927                  (43,335)            ‐6.7% Electricity Tax 5,036,907             1,822,135             5,166,711             1,928,010             5,283,280             1,971,509             1,972,182             672                     0.0% Natural  Ga s  Utility Tax 1,577,756             754,082                  1,848,806             950,006                  1,950,000             1,002,004             902,298                  (99,706)             ‐10.0% Transfer  Station 269,912                  67,963                     297,474                  74,244                     248,762                  62,087                     87,625                     25,539             41.1% TV Cable 1,296,744             439,031                  1,385,275             432,285                  1,427,679             445,518                  435,101                  (10,417)            ‐2.3% Telephone 1,038,009             346,118                  966,827                  329,404                  1,000,000             340,706                  308,743                  (31,963)            ‐9.4% Cellular Phone 2,206,637             750,775                  2,054,183             711,036                  2,309,360             799,363                  736,280                  (63,082)            ‐7.9% City Utilities 2,853,884             914,373                  3,516,179             1,128,654             3,665,728             1,176,657             1,198,213             21,556             1.8% Leasehold Excise  Tax 138,830                  36,976                     162,593                  36,189                     145,000                  32,273                     36,481                     4,208                13.0% Gambling Excise Tax 1,546,386             532,483                  1,671,414             551,756                  1,600,000             528,181                  574,574                  46,393             8.8% Real  Estate Excise  Tax 2,464,489             769,455                  2,074,059             514,275                  2,025,000             501,895                  690,220                  188,325          37.5% Less: Municipal  Facilities CIP REET (400,000)                (127,787)                (400,000)                (91,835)                   (400,000)                (91,835)                   (136,340)                (44,505)            48.5% EMS Levy 1,161,114             ‐                              868,873                  51,467                     1,007,976             ‐                              ‐                              ‐                      0.0% Business  License Fees 431,782                  195,045                  442,451                  195,003                  469,817                  207,064                  206,858                  (206)                    ‐0.1% Other  Licenses and Permits 262,629                  83,563                     232,534                  57,805                     213,305                  53,025                     81,688                     28,663             54.1% Building Permits  & Development Svc Fees 2,437,270             839,812                  2,772,779             730,608                  2,466,063             644,451                  880,622                  236,171          36.6% Intergovt'l (Grants, State  Shared, etc) 4,426,676             1,572,167             4,737,323             1,269,625             4,359,315             1,016,753             1,086,517             69,764             6.9% Fire District 25 and 40 Contracts 5,252,877             19,525                     6,110,668             875,762                  6,008,694             799,107                  799,107                  ‐                      0.0% Public Safety 482,343                  148,438                  484,985                  142,506                  430,635                  126,536                  153,856                  27,321             21.6% Culture and Recreation 1,424,932             379,140                  1,493,540             397,684                  1,660,863             442,237                  363,431                  (78,806)             ‐17.8% Interfund/Interdept‐Services 3,190,908             1,114,110             3,070,506             955,923                  3,617,185             1,212,739             996,283                  (216,456)         ‐17.8% Fines  and Forfeits 1,291,817             337,093                  1,163,602             333,659                  1,088,750             311,611                  275,874                  (35,737)             ‐11.5% Photo Enforcement 1,925,159             657,615                  1,897,782             705,422                  1,944,713             722,866                  654,101                  (68,766)            ‐9.5% Seizure Funds  ‐ Federal/State/Local 221,046                  46,627                     83,220                     ‐                              180,693                  ‐                              17,904                     17,904             100.0% Interests and Other Earnings 183,511                  53,332                     107,183                  25,356                     125,400                  29,666                     29,924                     258                     0.9% Rents, Leases, and Concessions 727,338                  298,827                  744,834                  264,766                  701,464                  249,349                  317,035                  67,686             27.1% Contributions  and Donations 133,756                  35,704                     196,586                  49,818                     81,500                     20,653                     46,718                     26,065             126.2% Other  Miscellaneous 434,286                  145,114                  529,147                  124,491                  427,358                  92,447                     166,458                  74,011             80.1% Other  Financing Sources  (Transfer‐In, etc) 653,595                  245                            1,073,507             167,151                  1,241,752             18,266                     8,797                        (9,469)                ‐51.8% Total  Operating  Revenues 96,754,435          27,747,760          100,476,431       30,062,704          101,953,223       29,859,544          32,180,045          2,320,501      7.8% OPERATING EXPENDITURES Legislative 259,345                  87,679                     271,236                  89,659                     284,087                  94,952                     91,998                     2,954                3.1% Executive 1,578,526             539,712                  1,566,906             480,072                  1,468,694             476,167                  427,410                  48,757             10.2% Hearing Examiner 174,447                  58,097                     59,878                     25,472                     71,025                     25,330                     21,235                     4,096                16.2% City Attorney 1,565,597             532,980                  1,596,609             528,480                  1,668,686             560,129                  563,552                  (3,423)                ‐0.6% Court Services 2,007,599             664,092                  2,084,170             661,478                  2,155,819             698,400                  674,406                  23,994             3.4% Community and Eco Dvlpmnt Admin 579,396                  194,735                  929,814                  310,112                  952,912                  318,760                  322,177                  (3,417)                ‐1.1% Development Services 2,946,413             1,009,764             2,810,736             953,343                  3,434,929             1,171,262             959,516                  211,746          18.1% Economic Development 1,322,004             409,322                  724,970                  234,834                  753,765                  237,200                  209,460                  27,740             11.7% Planning 1,774,508             504,760                  1,447,781             475,330                  1,516,719             461,325                  493,399                  (32,075)            ‐7.0% Finance 2,214,458             591,163                  2,134,667             620,994                  2,161,836             602,531                  635,592                  (33,061)            ‐5.5% City Clerk 789,209                  229,025                  736,880                  315,627                  1,002,105             357,645                  226,333                  131,312          36.7% Human Resources 861,221                  283,314                  888,252                  282,721                  946,956                  306,383                  299,810                  6,574                2.1% Police 23,946,386          7,955,883             24,737,346          8,219,907             25,214,618          8,377,878             8,318,096             59,782             0.7% Jail Services 3,539,035             999,808                  6,206,735             749,488                  5,340,599             1,162,786             1,162,786             ‐                      0.0% Fire 21,554,792          7,607,800             22,511,597          7,652,583             24,099,606          8,345,799             8,435,070             (89,271)            ‐1.1% Community Services Admin 1 1,063,011             351,426                  416,284                  136,129                  421,043                  138,770                  143,787                  (5,017)                ‐3.6% Parks 3,421,424             989,504                  3,829,676             1,109,451             4,045,762             1,171,115             1,179,119             (8,004)                ‐0.7% Parks  Planning & Natural  Resources 448,574                  114,194                  551,423                  150,610                  685,122                  181,424                  169,504                  11,920             6.6% Recreation 4,433,420             1,191,976             4,974,002             1,408,767             5,276,859             1,458,822             1,377,160             81,662             5.6% Human Services 1,326,778             383,074                  1,247,294             369,358                  1,277,487             373,425                  409,836                  (36,411)             ‐9.8% Neighborhoods, Resources, & Events 331,222                  86,610                     610,545                  157,589                  697,288                  180,806                  168,204                  12,602             7.0% Library 2,289,692             505,911                  2,030,000             10,119                     230,000                  58,604                     58,604                     ‐                      0.0% Museum 191,090                  62,643                     210,620                  69,499                     213,533                  70,241                     71,901                     (1,660)                ‐2.4% Public Works  Admin 1 514,858                  172,378                  452,538                  149,219                  465,889                  154,878                  158,967                  (4,089)                ‐2.6% Street Maintenance 3,412,892             1,095,310             3,534,025             1,168,482             3,728,945             1,215,152             1,217,508             (2,357)                ‐0.2% Transportation 5,215,309             1,640,081             4,509,066             1,429,170             4,763,972             1,503,626             1,428,601             75,026             5.0% Debt Service 4,707,100             126,471                  4,822,566             390,380                  6,531,373             842,026                  842,026                   ‐                      0.0% Non‐Departmental  and Other 4,834,296             1,429,727             4,930,383             2,214,722             2,944,248             1,176,929             1,176,929              ‐                      0.0% Total  Operating Expenditures 97,302,601          29,817,438          100,825,999       30,363,594          102,353,876       31,722,363          31,242,984          479,379          1.5% Total  Ending Fund Balance 11,407,119$       9,885,607$          11,057,551$       11,106,230$       10,656,898$       9,194,732$          11,994,612$       2,799,880      30.5% 1Facilities was  included in Community Services  Admin  and Technical Services  was  included in Public Works  Admin in 2010 Favorable (Unfavorable) 2010 2011 2012 Variance Annual Actual YTD Actual Annual Budget YTD Budget YTD ActualSummary of Sources and Uses Annual Actual YTD Actual Monthly Financial Report April 2012 Page 1 of 36 Monthly Financial Report April 2012        OVERVIEW  This financial overview reflects the City’s overall financial position for the fiscal year through April 30, 2012.  Except as  noted, year‐to‐date budgeted revenues and operating expenditures are generally based on the collection/disbursement  patterns for the same period of the preceding year.  The table on the previous page summarizes the general governmental  fund revenues and expenditures.    Revenues    Taxes   The combined collection of property, sales/use, utility, gambling, admissions, and real estate excise taxes represents 79% of  all resources supporting general governmental activities.   The following section provides detail information on property,  sales, utility, and other taxes.    Property Tax  April’s collection is $10 million,  making the total year‐to‐date  collection $11.1 million or 34% of  the total budget.  In comparison  to the previous year, the City  collected $1.9 million or 21%  more.  Compared to the budget,  the City is above projections by  $2.1 million or 23%.  2012’s  monthly budgets are based on  2009 through 2011 collections.   The variance from the prior year  and budget is due the timing of  collections.  An estimated $2.1  million of May 2012’s collection  was receipted in April 2012.  If we  remove this amount, the City is right on target with budget projections.          Sales Tax  April 2012 sales tax receipts totalled  $1.4 million.  Compared to the same  month last year, it is $116k or 9%  more.  Compared to the projected  current month’s budget, it is $21k or  1% below.  The year‐to‐date collection  of $5.9 million is $50k or 1% more than  the prior year but is $14k less than  budgeted.  The City is projecting sales  tax revenues to be slightly under the  budget at year‐end.    2011 2012 2012 Actual Budget Actual $ % $ % Jan 505,501$         255,343$         149,112$         (356,390)$     ‐71% (106,231)$    ‐42% Feb 336,193            316,911            85,577               (250,616)        ‐75% (231,334)       ‐73% Mar 745,285            675,495            880,380            135,094         18% 204,885         30% Apr 7,618,492        7,776,464        10,012,008    2,393,515     31% 2,235,544    29% May 7,849,481        8,109,059         Jun 54,963               98,578                Jul 112,076            106,083             Aug 25,954               84,126                Sep 467,946            421,108             Oct 7,014,860        6,907,167         Nov 7,348,025        7,974,601         Dec 279,117            171,812             YTD  Total 9,205,472$     9,024,212$     11,127,076$ 1,921,604$  21% 2,102,864$ 23% Annual Total 32,357,894$  32,896,746$   Property Tax Revenues Year to Date through April 2012 vs. 2011 2012 vs. Budget Month 2011 2012 2012 Actual Budget Actual $ % $ % Jan 1,339,658$     1,388,527$     1,327,548$     (12,111)$      ‐1% (60,980)$    ‐4% Feb 1,982,269        1,787,327        1,923,714        (58,556)         ‐3% 136,386     8% Mar 1,299,237        1,372,298        1,303,820        4,583            0% (68,478)       ‐5% Apr 1,254,867        1,391,509        1,370,731        115,864      9% (20,778)       ‐1% May 1,590,780        1,578,875         ‐                         Jun 1,368,213        1,422,596        ‐                         Jul 1,437,859        1,411,637        ‐                         Aug 1,534,218        1,522,536        ‐                         Sep 1,472,399        1,468,712        ‐                         Oct 1,517,444        1,529,207        ‐                         Nov 1,508,954        1,522,978        ‐                         Dec 1,423,832        1,467,796        ‐                         YTD Total 5,876,031$     5,939,662$     5,925,812$     49,781$      1% (13,850)$   0% Annual Total 17,729,731$  17,864,000$   2012 vs. Budget2012 vs. 2011 Month Year to Date through April Local Retail Sales  Tax  Revenues Page 2 of 36 Monthly Financial Report April 2012      The following table breaks out the City’s base sales tax (excluding Criminal Justice and Annexation Credit) by major business  sectors:  Sales  Tax  by Sector 2011 2012 Bgt YTD Act Change 2012/2011 2012 Act vs  Bgt New Construction 447,248$         550,963$         514,243$         66,995$          15%$         (36,720)‐7% Auto Sales 1,026,985        1,103,588        1,054,395        27,410             3%            (49,193)‐4% General Retail 2,048,966        2,148,879        2,188,496        139,530          7%              39,617 2% Manufacturing 500,880            264,751            336,085            (164,795)        ‐33%              71,334 27% Wholesale 379,099            387,531            370,201            (8,898)               ‐2%            (17,330)‐4% Service 1,316,276        1,350,800        1,352,548        36,271             3%                 1,747 0% Other 156,578            133,149            109,845            (46,734)            ‐30%            (23,304)‐18% Total 5,876,031$     5,939,662$     5,925,812$     49,781$          1%(13,850)$          0% Note: Excludes  Annexation  Credit and Criminal Justice Sales  Tax revenue.      Utility tax   April utility tax revenues are $1.4  million, which is $14k or 1% higher  than the same month last year but is  behind the budget by $49k or 3%.   The year‐to‐date collection is $5.8  million, which is $142k or 3% higher  than the prior year but is $112k or 2%  lower than the budget.  The City is  projecting utility tax revenues to be  under budget by about $300k at year‐ end.                  The table below breaks out Utility Tax by source.    Utility Tax by Type 2011 2012 Bgt YTD  Act Change  2012/2011  2012 Act  vs  Bgt  Electrical 1,928,010$     1,971,509$     1,972,182$     44,171$          2%$                   672 0% Natural Gas 1,059,223        1,120,412        1,066,327        7,103                1%            (54,086)‐5% Cell 711,036            799,363            736,280            25,245             4%            (63,082)‐8% Phone 329,404            340,706            308,743            (20,661)            ‐6%            (31,963)‐9% Cable 432,285            445,518            435,101            2,816                1%            (10,417)‐2% Transfer Station 74,244               62,087               87,625               13,381             18%              25,539 41% City Utilities 1,128,654        1,176,657        1,198,213        69,560             6%              21,556 2% YTD  Total 5,662,856$     5,916,252$     5,804,472$     141,615$       3%(111,780)$       ‐2% Annual  Total 15,484,862$  16,155,203$   YTD  as % of 37% 37%      2011 2012 2012 Actual Budget Actual $ % $ % Jan 1,363,023$     1,423,448$      1,469,178$     106,155$   8% 45,730$      3% Feb 1,448,275        1,512,984         1,512,539        64,263         4% (445)               0% Mar 1,480,840        1,546,398         1,438,515        (42,325)         ‐3% (107,883)      ‐7% Apr 1,370,718        1,433,422         1,384,240        13,522         1% (49,182)         ‐3% May 1,291,530        1,350,150          Jun 1,203,475        1,256,117          Jul 1,188,526        1,240,117          Aug 1,165,863        1,217,180          Sep 1,176,526        1,225,853          Oct 1,202,559        1,253,072          Nov 1,232,640        1,281,314          Dec 1,360,887        1,415,147          YTD  Total 5,662,856$     5,916,252$      5,804,472$     141,615$   3% (111,780)$   ‐2% Annual Total 15,484,862$  16,155,203$    2012 vs. Budget2012 vs. 2011 Year to Date through April Utility Tax  Revenues Month Page 3 of 36 Monthly Financial Report April 2012      Other Taxes     Real Estate Excise Tax  The City collected $195k in Real Estate  Excise Tax revenues (REET) for April.   This is $84k or 76% ahead of the same  month last year and $87k or 80% above  the current month’s budget.  The year‐ to‐date collection is $690k, which is  $176k or 34% more than the prior year  and is also $188k or 38% above the  budget.  The City is projecting REET to  meet the budget at year‐end.                  Gambling Tax  April’s Gambling Tax collections  total $156k.  Year‐to‐date total of  $575k is $23k or 4% above the  year before and is also $46k or 9%  above budget.  The increase in  January’s collection from the  previous January is due to  payment plans with two  establishments to remit their  monthly portions (starting in  October) of 2011 by year‐end,  which was receipted in the  beginning of 2012.  Approximately  $30k collected in January was for  the prior year.  The decrease in  March is due the timing of  collections (the City receipted  $30k in April that was due for March).  The City is projecting gambling tax revenues to meet the budget at year‐end.    Pull tabs overall had a 3% increase, bingo increased by 38%, and card‐rooms are seeing 3% lower in activities when  compared to the prior year.      Franchise Fees  Franchise Fees are due quarterly  and the year‐to‐date revenue  collections are $600k or 45% of  the budget.  This is right on target  with 2011 but is $43k or 7% below  the projected year‐to‐date  budget.  The City is projecting  franchise fees to be slighting  under budget at year‐end. 2011 2012 2012 Actual Budget Actual $ % $ % Jan 161,911$      157,987$      77,631$         (84,280)$      ‐52% (80,356)$      ‐51% Feb 99,677            97,304            214,137         114,460      115% 116,833      120% Mar 141,700         138,289         203,583         61,883         44% 65,294         47% Apr 110,987         108,315         194,868         83,881         76% 86,553         80% May 157,519         153,728          Jun 228,506         223,006          Jul 117,567         114,737          Aug 159,524         155,683          Sep 205,753         200,800          Oct 189,691         185,125          Nov 335,893         327,808          Dec 165,331         162,219          YTD  Total 514,275$      501,895$      690,220$      175,945$   34% 188,325$   38% Annual Total 2,074,059$  2,025,000$   Real Estate Excise  Tax  Revenues Year to Date through April Month 2012 vs. Budget2012 vs. 2011 2011 2012 2012 Actual Budget Actual $ % $ % Jan 118,304$      113,250$      175,959$      57,655$      49% 62,710$      55% Feb 135,926         130,118         143,837         7,911            6% 13,719         11% Mar 135,067         129,296         98,279            (36,787)         ‐27% (31,016)         ‐24% Apr 162,459         155,518         156,498         (5,961)            ‐4% 980                 1% May 159,013         152,219          ‐                      Jun 151,240         144,778         ‐                      Jul 136,775         130,931         ‐                      Aug 144,161         138,001         ‐                      Sep 125,618         120,251         ‐                      Oct 92,937            88,966            ‐                      Nov 139,018         133,078         ‐                      Dec 170,897         163,595         ‐                      YTD  Total 551,756$      528,181$      574,574$      22,818$      4% 46,393$      9% Annual Total 1,671,414$  1,600,000$   Year to Date through April 2012 vs. 2011 2012 vs. Budget Gambling Tax  Revenue Month 2011 2012 2012 Actual Budget Actual $ % $ % Jan 305,646$      327,571$      300,392$      (5,254)$         ‐2% (27,179)$      ‐8% Apr 294,560         315,690         299,534         4,974            2% (16,156)        ‐5% Jul 294,438         315,560         ‐                      Oct 292,692         313,688         ‐                      Dec 47,111            50,491            ‐                      YTD Total 600,206$      643,262$      599,927$      (279)$            0% (43,335)$     ‐7% Annual Total 1,234,448$  1,323,000$   Month 2012 vs. 2011 2012 vs. Budget Franchise  Fees Revenue Year to Date through April Page 4 of 36 Monthly Financial Report April 2012      Admission Tax   Admission Tax returns are due  quarterly in January, April, July,  and October each year.  April  2012 collections represent  activities conducted during the 1st  quarter of 2012.      The report shows an increase of  $20k or 15% from the year before  and is also $2k or 1% more than  anticipated.  The City is projecting  admission tax revenues to meet the budget at year‐end.      Licenses and Permits    Building Permits and Development Service Fees  Building Permits and Development  Service Fee revenues totalled $259k in  April.  The year‐to‐date development  fees revenue of $881k is $150k or 21%  more than 2011 and is also $236k or  37% higher than budget.  The higher  than expected fees are due to collecting  more in general building permits,  electrical permits and plan check fees.   The City is projecting building permits  and development service fee revenues  to meet the budget at year‐end.                Business Licenses  Business Licenses totalled $89k for April,  which is $5k or 6% above the same month last  year and is right on target with the current  month’s budget.  The year‐to‐date Business  Licenses revenue is ahead of the prior year by  $12k or 6% and is right on target with the  budget.        2011 2012 2012 Actual Budget Actual $ % $ % Jan 70,405$         79,953$         73,420$         3,015$         4% (6,534)$         ‐8% Feb 477                    542                    934                    457                 96% 392                 72% Apr 63,582            72,205            80,352            16,770         26% 8,147            11% May 407                    462                    ‐                      Jul 86,024            97,691            ‐                      Aug 1,194               1,356               ‐                      Oct 86,112            97,791            ‐                      YTD  Total 134,463$      152,699$      154,705$      20,242$      15% 2,005$         1% Annual Total 308,200$      350,000$       Month 2012 vs. 2011 2012 vs. Budget Admission Tax  Revenue Year to Date through April 2011 2012 2012 Actual Budget Actual $ % $ % Jan 84,109$     89,311$     88,676$     4,568$      5% (635)$          ‐1% Feb 23,153        24,585        24,251        1,098         5% (334)             ‐1% Mar 3,811           4,047           4,927           1,115         29% 880              22% Apr 83,930        89,121        89,003        5,074         6% (117)            0% May 20,142        21,387        ‐                  Jun 3,964           4,209           ‐                  Jul 83,962        89,155        ‐                  Aug 18,393        19,531        ‐                  Sep 4,135           4,391           ‐                  Oct 95,874        101,804     ‐                  Nov 18,291        19,423        ‐                  Dec 2,686           2,852           ‐                  YTD Total 195,003$  207,064$  206,858$  11,855$   6% (206)$         0% Annual Total 442,451$  469,817$   2012 vs. 2011 Year to Date through April 2012 vs. Budget Business Licenses Month 2011 2012 2012 Actual Budget Actual $ % $ % Jan 132,621$      112,664$      160,750$      28,129$      21% 48,086$      43% Feb 141,672         125,262         197,549         55,877         39% 72,287         58% Mar 265,782         238,974         262,937         (2,845)            ‐1% 23,963         10% Apr 190,534         167,552         259,386         68,852         36% 91,834         55% May 239,018         215,841          Jun 215,975         195,717          Jul 211,760         187,937          Aug 393,797         351,616          Sep 321,961         289,918          Oct 213,930         189,380          Nov 229,322         196,766          Dec 216,409         194,437          YTD  Total 730,608$      644,451$      880,622$      150,014$   21% 236,171$   37% Annual Total 2,772,779$  2,466,063$   Building Permits and Development Service Fees Year to Date through April 2012 vs. Budget2012 vs. 2011 Month Page 5 of 36 Monthly Financial Report April 2012      Intergovernmental  These revenue sources  include federal (direct  and indirect) grants,  state grants, state  shared revenues, local  grants, entitlements,  and intergovernmental.  State shared revenues  and Fire Districts’ 25  and 40 contracts  compose 93% of the total revenues in this category.   The year‐to‐date total Intergovernmental revenue is $2.5 million or  20% of the budget.    State Shared Revenues  State Shared Revenue  collections totalled $1.5 million  since the start of 2012.   Compared to the prior year,  State Shared Revenues are  above by $4k.  Compared to  the projected budget, the City  is collecting $96k or 7% more.   The higher than expected  collections are due to Criminal  Justice’s High Crime not being  budgeted for.  The City is  projecting the total state  shared revenues to meet the  budget at year‐end.      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 72% of the total revenue in this category.  The year‐to‐date total charges for services are $1.9 million or 28% of  the budget.  This is 8% below budget projections.  The following sections provide detail information for Public Safety,  Recreation, and Interfund Services.    Public Safety Services  Public Safety Services totalled $154k since the  start of the year.  These services include private  security, adult probation services, and  housing/monitoring of prisoners.  Compared to  the prior year, the City is collecting $11k or 8%  more.  Compared to the budget, the City is  collecting $27k or 22% more than anticipated  revenue.  The City is projecting public safety  services revenues to meet the budget at year‐ end.       2011 2012 2012 Actual Budget Actual $ % $ % Jan 18,824$     16,715$         15,229$      (3,595)$       ‐19% (1,486)$       ‐9% Feb 40,902        36,318            34,848         (6,054)          ‐15% (1,470)          ‐4% Mar 30,346        26,945            35,353         5,007           17% 8,408           31% Apr 52,434        46,558            68,426         15,993        31% 21,869        47% May 35,609        31,619             ‐                   Jun 46,295        41,107             ‐                   Jul 70,094        62,239            ‐                   Aug 35,891        31,868            ‐                   Sep 30,743        27,298            ‐                   Oct 34,756        30,861            ‐                   Nov 42,944        38,131            ‐                   Dec 46,148        40,976            ‐                   YTD  Total 142,506$  126,536$      153,856$   11,351$     8% 27,321$     22% Annual  Total 484,985$  430,635$       Month 2012 vs. 2011 Year  to Date through April Public Safety Services 2012 vs. Budget Intergovernmental 2011 2012 Bgt YTD  Act Change 2012/2011 2012 Act  vs  Bgt  Fire  District #25 597,476$         646,907$         646,907$         49,431$          8% $                          ‐ 0% Fire  District #40 278,286            152,200            152,200            (126,086)        ‐45%‐                            0% State  Shared Revenue 1,511,638        1,419,839        1,515,902        4,264                0% 96,063             7% Federal  Grants 158,327            85,002               85,002               (73,325)            ‐46%‐                            0% State  Grants 58,771               40,908               40,908               (17,863)            ‐30%‐                            0% Other Grants/Intgovt 82,836               51,342               51,342               (31,494)            ‐38%‐                            0% ARRA Grants 125,916            ‐                              ‐                              (125,916)        0%‐                            N/A Total  Rev YTD 2,813,250$     2,396,197$     2,492,260$     (320,990)$     ‐11%96,063$           4% Total  Rev Annual 12,657,748$  12,235,154$   YTD  %22% 20% 20% Note:  Includes CJ Sales  Tax. 2011 2012 2012 Actual Budget Actual $ % $ % Crim Just Sales  Tax 562,500$          580,337$      606,636$        44,136$     8% 26,299$      5% Judicial Contribution 11,234                6,000               5,658                 (5,576)          ‐50% (342)                ‐6% Crim Just ‐ High Crime 96,385                ‐                     93,724              (2,661)          ‐3% 93,724         100% Crim Just ‐ Pop 9,840                   ‐                     10,194              354               4% 10,194         100% Crim Just ‐ Spec Prog 37,165                33,649            38,473              1,308           4% 4,823            14% State DUI 8,013                   6,382               8,895                 882               11% 2,513            39% Liquor Profits 168,155             172,438         123,076           (45,079)       ‐27% (49,362)         ‐29% Liquor Excise  Tax 220,756             225,557         229,464           8,708           4% 3,907            2% Fuel  Tax 397,589             395,476         399,781           2,192           1% 4,306            1% YTD  Total 1,511,638$     1,419,839$  1,515,902$   4,264$        0% 96,063$      7% Annual Total 4,495,551$     4,437,913$   Year to Date through April State  Shared Revenues 2012 vs. 2011 Revenue 2012 vs. Budget Page 6 of 36 Monthly Financial Report April 2012      Recreation  Recreation revenues totalled $137k for  the current month.  Compared to the  same month the prior year, the City  collected $16k or 11% less.  Compared to  the projected monthly budget, the City  collected $34k or 20% less.  The year‐to‐ date collection of $363k is $34k or 9%  less than the prior year and is also $79k  or 18% less than the budget.  The City is  projecting recreation revenues to be  under budget at year‐end.              Interfund Services  The year‐to‐date collections for Interfund  Services revenues are $996k.  Compared  to the prior year, the revenues are under  by $33k or 3%.  Compared to the  projected budget, the revenues are  below by $216k or 18%.  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, Transportation  division’s capital investment program  reimbursements, and Maintenance  division’s street maintenance  reimbursements.  The budget variance is  due to January and February  maintenance activity that was not  recorded in those months and was corrected in March.  The City projects interfund service revenues to be under budget by  year‐end.      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 on the following  page breaks down these fines by type.   The year‐to‐date total fines and penalties  is $940k.  This is $90k or 9% lower than a  year ago and also $94k or 9% below the  budget.  The City is projecting fines and  penalties to be under budget at year‐end.  2011 2012 2012 Actual Budget Actual $ % $ % Jan 258,617$      304,661$      237,384$      (21,232)$      ‐8% (67,277)$      ‐22% Feb 251,772         296,598         234,758         (17,014)         ‐7% (61,840)         ‐21% Mar 269,526         317,513         271,071         1,545            1% (46,442)         ‐15% Apr 249,538         293,966         253,070         3,532            1% (40,897)         ‐14% May 255,425         300,902          ‐                      Jun 234,878         276,697         ‐                      Jul 238,262         280,683         ‐                      Aug 229,627         270,511         ‐                      Sep 237,006         279,203         ‐                      Oct 270,340         318,472         ‐                      Nov 266,859         314,371         ‐                      Dec 308,654         363,607         ‐                      YTD  Total 1,029,453$  1,212,739$  996,283$      (33,170)$      ‐3% (216,456)$   ‐18% Annual Total 3,070,506$  3,617,185$   2012 vs. Budget Month Interfund Services Year to Date through April 2012 vs. 2011 2011 2012 2012 Actual Budget Actual $ % $ % Jan 165,721$      169,834$      183,478$      17,757$      11% 13,644$      8% Feb 261,655         262,221         238,928         (22,727)         ‐9% (23,293)         ‐9% Mar 313,067         314,171         241,678         (71,389)         ‐23% (72,493)         ‐23% Apr 289,767         288,252         276,301         (13,466)         ‐5% (11,952)         ‐4% May 255,949         255,826          Jun 262,444         261,662          Jul 247,468         249,471          Aug 184,473         189,735          Sep 181,000         185,846          Oct 300,431         385,882          Nov 297,580         299,240          Dec 352,911         352,016          YTD  Total 1,030,208$  1,034,478$  940,384$      (89,824)$      ‐9% (94,094)$      ‐9% Annual Total 3,112,464$  3,214,156$   Month 2012 vs. Budget2012 vs. 2011 Year  to Date through April Fines  and Penalties by Month 2011 2012 2012 Actual Budget Actual $ % $ % Jan 61,933$         68,872$         62,072$         138$              0% (6,800)$         ‐10% Feb 82,497            91,739            59,327            (23,170)         ‐28% (32,412)         ‐35% Mar 99,537            110,688         104,775         5,238            5% (5,913)            ‐5% Apr 153,717         170,938         137,257         (16,460)         ‐11% (33,681)         ‐20% May 134,113         149,138         ‐                      Jun 144,083         160,224         ‐                      Jul 211,388         235,070         ‐                      Aug 254,060         282,523         ‐                      Sep 142,253         158,189         ‐                      Oct 83,540            92,899            ‐                      Nov 77,528            86,214            ‐                      Dec 48,890            54,368            ‐                      YTD  Total 397,684$      442,237$      363,431$      (34,253)$      ‐9% (78,806)$      ‐18% Annual Total 1,493,540$  1,660,863$   Recreation Year to Date through April 2012 vs. Budget2012 vs. 2011 Month Page 7 of 36 Monthly Financial Report April 2012      Year  to Date through April 2011 2012 2012 Actual Budget Actual $ % $ % Civil Penalties 3,990$            5,583$            2,601$            (1,389)$         ‐35% (2,982)$         ‐53% Civil Infraction Penalties 211,474         226,871         168,641         (42,833)         ‐20% (58,230)         ‐26% Civil Parking Infraction Penalties 32,843            35,819            29,383            (3,460)            ‐11% (6,436)            ‐18% Photo Enforcement Program 705,422         722,866         654,101         (51,321)         ‐7% (68,766)         ‐10% Criminal Traffic  Misdemeanor Fines 30,936            28,006            24,889            (6,047)            ‐20% (3,117)            ‐11% Criminal Non‐Traffic  Fines 9,214               11,841            7,013               (2,201)            ‐24% (4,828)            ‐41% Criminal Costs 36,288            3,425               35,520            (768)                ‐2% 32,095         937% Seizure  Funds ‐ Federal/State/Local ‐                      ‐                     17,904            17,904         100% 17,904         100% Non‐Court Fines, Forfeitures  and Penalties 40                       65                       333                    293                 731% 267                 409% YTD  Total 1,030,208$  1,034,478$  940,384$      (89,824)$      ‐9% (94,094)$      ‐9% Annual Total 3,112,464$  3,214,156$   2012 vs. 2011 Revenue 2012 vs. Budget Fines  and Penalties by Ty pe       Included in the Fines and Penalties revenue budget  is $1.9 million from the Photo Enforcement  program.  The budget was based on the prior year’s  revenue.  The year‐to‐date collections from this  program equates to $654k.  The associated costs  includes the equipment provided by American  Traffic Solutions, Inc. (ATS), dedicated 2 FTEs in the  Court Services Department to process the increased  caseload and 1.1 FTEs in the Police Department for  support services.  This staff time, along with a 90%  pro tem budget and interpreter costs amounts to  $362k for personnel costs.  The total costs for the  program equates to $842k which is represented in  the table.            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 70% of the total  revenue in this category.  The year‐to‐date  total miscellaneous is $493k.  Compared to  last year, the revenues are over by $106k or  27%.  Compared to the projected year‐to‐ date budget, the revenues are over by $181k  or 58%.  The table on the next page breaks  out miscellaneous revenues by type:    2011 2012 2012 Actual Budget Actual $ % $ % Jan 143,105$      128,421$      206,151$      63,046$      44% 77,730$      61% Feb 70,237            46,979            83,823            13,585         19% 36,844         78% Mar 99,131            77,952            104,421         5,289            5% 26,469         34% Apr 74,048            58,040            98,164            24,115         33% 40,123         69% May 97,083            85,456             Jun 145,018         113,666          Jul 173,878         118,884          Aug 133,570         99,673             Sep 97,973            76,252             Oct 75,425            61,811             Nov 77,427            67,662             Dec 163,299         164,402          YTD  Total 386,523$      311,392$      492,558$      106,035$   27% 181,166$   58% Annual  Total 1,350,195$  1,099,199$   Year to Date through April Month 2012 vs. Budget2012 vs. 2011 Miscellaneous  Revenues by Month Favorable Budget Actual Budget Actual (Unfavorable) 1 Jan 169,793$      183,453$      76,201$        68,003$      115,449$         Feb 167,986         147,252         76,693           67,808         79,444               Mar 203,098         144,853         76,201           67,639         77,215               Apr 181,989         178,542         53,048           64,815         113,727            May 160,960          ‐                     71,882            ‐                  ‐                        Jun 180,018         ‐                     71,871           ‐                  ‐                        Jul 155,574         ‐                     72,275           ‐                  ‐                        Aug 98,678            ‐                     56,688           ‐                  ‐                        Sep 83,853            ‐                     71,527           ‐                  ‐                        Oct 145,798         ‐                     71,420           ‐                  ‐                        Nov 211,430         ‐                     71,884           ‐                  ‐                        Dec 185,536         ‐                     72,273           ‐                  ‐                        YTD  Total 722,866$      654,101$      282,143$     268,266$   385,835$         Annual Total 1,944,713$  841,964$      1 Actuals  of Revenues and Expenses Expenses Photo Enforcement Program Year  to Date through April Month Revenues Page 8 of 36 Monthly Financial Report April 2012      2011 2012 2012 Actual Budget Actual $ % $ % Interests  and Other Earnings 25,356$         29,666$         29,924$         4,568$         18% 258$              1% Rents, Leases, and Concessions 264,766         249,349         317,035         52,269         20% 67,686         27% Contributions/Donations  from  Private Sources 49,818            20,653            46,718            (3,099)           ‐6% 26,065         126% Other 46,583            11,724            98,880            52,298         112% 87,157         743% YTD  Total 386,523$      311,392$      492,558$      106,035$   27% 181,166$   58% Annual Total 1,350,195$  1,099,199$   2012 vs. Budget Miscellaneous Revenues by Type Year to Date through April Revenue 2012 vs. 2011     Rents, leases and concessions are higher than the prior year and budget due to higher than expected facility rentals at the  community center and food concession payments at Coulon Park.    Contributions and donations from private sources are favorable due to higher than expected donations.    Other miscellaneous revenues are higher than the prior year and budget due to higher than expected utility late payment  penalties.      EXPENSES  Overall the City has expended 31% of its budgeted general governmental expenditures at the end of April.  This is $479k or  1.5% below year‐to‐date budgeted expenditures.  See below for summary of unfavorable items for general governmental  departments.    City Attorney Department is over budget by $3k or 0.6%.  This is mainly due to over spending on contracted services and  publications and under spending in salaries/benefits and supplies.    Fire and Emergency Services Department is over budget by $89k or 1.1%.  This is mainly due to over spending on supplies  and intergovernmental ($126k) and under spending in professional services ($31k).       Page 9 of 36 Monthly Financial Report April 2012      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 ‐                 ‐             ‐                 ‐               14,610         12,650       ‐               Grants  / intergovernmental 109,223          ‐             107,838          52,524         ‐               358,345     ‐               Charges  for services 30,003            397,554     5,048,378       4,102,934    2,705,920    2,601,277  4,382,174    Interdepartmental  services ‐                 ‐             3,031              94,371         85,037         194,067     ‐               Fines  and penalties ‐                 ‐             ‐                 ‐               ‐               ‐             ‐               Rents, leases, and misc fees 766,907          71,862       30,000            43,997         ‐               ‐             ‐               Interest and other misc 3,060              1,275         9,635              56,318         142,678       58,465       1,451           TOTAL REVENUES 909,193          470,691     5,198,882       4,350,144    2,948,245    3,224,804  4,383,625    EXPENSES: Utility billing ‐                 ‐             34,239            36,230         24,008         36,237       ‐               Utility systems ‐                 ‐             4,212,021       900,104       840,585       742,757     ‐               Utility maintenance ‐                 ‐             92,623            1,501,541    452,876       576,140     4,312,165    Transportation 434,915          ‐             ‐                 ‐               ‐               ‐             ‐               Golf ‐                 574,529     ‐                 ‐               ‐               ‐             ‐               TOTAL EXPENSES 434,915          574,529     4,338,883       2,437,875    1,317,469    1,355,134  4,312,165    AMOUNT AVAILABLE FOR DEBT SERVICE 474,278          (103,838)    860,000          1,912,269    1,630,776    1,869,670  71,460         DEBT SERVICE: Principal ‐                 ‐             ‐                 ‐               ‐               ‐             ‐               Interest and other debt service costs ‐                 ‐             ‐                 ‐               ‐               ‐             ‐               TOTAL DEBT SERVICE ‐                 ‐             ‐                 ‐               ‐               ‐             ‐               CAPITAL  PROJECTS 166,581          14,761       ‐                 368,020       545,069       1,025,432  ‐               TRANSFERS IN/(OUT)‐                 ‐             ‐                 ‐               ‐               ‐             ‐               CH ANGE IN FUND BALANCE 307,697          (118,599)    860,000          1,544,249    1,085,707    844,238     71,460         BEGINNING FUND BALANCE, January 1, 2012 2,084,710       615,488     1,734,734       7,642,506    1,209,356    4,210,599  1,077,805    ENDING FUND BALANCE, April  30, 2012 2,392,407       496,889     2,594,734       9,186,755    2,295,063    5,054,837  1,149,265      Page 10 of 36 Monthly Financial Report April 2012      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 ‐            27,063         ‐              ‐                       ‐               ‐                ‐             Grants  / intergovernmental ‐            17,500        1,915           ‐                       ‐               ‐               43,637        Charges  for services Equipment rental  m&o 742,519     705,482       ‐              ‐                       ‐               ‐                ‐             Telecommunications ‐            62,121         ‐              ‐                       ‐               ‐                ‐             Print and mail ‐            35,551         ‐             132,371                ‐               ‐                ‐             Communications ‐             ‐               ‐             197,104                ‐               ‐                ‐             Facilities ‐             ‐              1,391,155    ‐                       ‐               ‐                ‐             Data  cards  and cell  phones ‐            50,042        ‐             ‐                      ‐              ‐                ‐             IT service contracts ‐            105,354      ‐             ‐                      ‐              ‐                ‐             Geographical  information systems ‐            65,616        ‐             ‐                      ‐              ‐                ‐             Interest and other misc 6,052         2,717          627             220                      7,908           9,647           7,365          Internal service fund misc: Vehicle  / equipment capital  recovery 319,848     314,247      ‐             ‐                      ‐              ‐                ‐             Insurance premiums ‐            ‐              ‐             ‐                      521,373       ‐                ‐             Worker's  compensation  / unemployment ‐            ‐              ‐             ‐                      448,846       ‐                ‐             Benefit premiums ‐            ‐              ‐             ‐                      ‐              3,687,912    736,310      Other misc 153            126             2,591          126                      199              237,852       ‐             Capital  contributions ‐            ‐              ‐             ‐                      ‐              ‐                ‐             Disposal  of capital  assets ‐            ‐              ‐             ‐                      ‐              ‐                ‐             Insurance recoveries ‐            ‐              ‐             ‐                      23,233         50                17               TOTAL REVENUES 1,068,572  1,385,819   1,396,287   329,821               1,001,559    3,935,461    787,329      EXPENSES: Communications 152,825                Equipment rental 833,084      Facilities 1,141,865    Healthcare 3,602,853     Information technology 1,014,486    Print and mail 137,433                Retiree  healthcare 439,284      Risk management Risk management 899,890        Unemployment 84,107          Worker's  compensation 342,302        TOTAL EXPENSES 833,084     1,014,486   1,141,865   290,258               1,326,299    3,602,853    439,284      AMOUNT AVAILABLE FOR CAPITAL 235,488     371,333      254,422      39,563                 (324,740)     332,608       348,045      CAPITAL PROJECTS 603,801     404,046      49,860        ‐                      ‐              ‐                ‐             TRANSFERS IN ‐            ‐              37,782        ‐                      ‐              ‐                ‐             TRANSFERS (OUT)‐            ‐              ‐             ‐                      ‐              ‐                ‐             CHANGE  IN FUND BALANCE (368,313)   (32,713)       242,344      39,563                 (324,740)     332,608       348,045      BEGINNING FUND BALANCE, January 1, 2012 4,774,376  2,181,743   300,238      141,120               6,620,437    7,133,996    5,479,399   ENDING FUND BALANCE, April  30, 2012 4,406,063  2,149,030   542,582      180,683               6,295,697    7,466,604    5,827,444   Page 11 of 36 Monthly Financial Report April 2012      FUND BALANCE  Page 13 shows the ending fund balance as of April 2012.  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 April, the City has $12 million reported in the combined general governmental fund balance of the current  year’s operating budget, which is approximately 12% of budgeted operating expenditures.  This is an increase of $937k from  the year’s beginning balance.  April’s ending fund balance is over the anticipated General Governmental Fund Balance of  $9.2 million by $2.8 million or 30.5%.  Although the ending fund balance is above projections, it is consistent with the prior  years’ trends since the City will receipt the first half of 2012 property taxes in April/May and second half in  October/November.    CONTACT INFORMATION  This report is prepared by the Finance Division of the Administrative Services Department.  For additional financial  information, please also review our website: http://www.rentonwa.gov/.  For any questions about the report, please feel  free to contact us at hnguyen@rentonwa.gov or JDThomas@Rentonwa.gov.  Page 12 of 36 Monthly Financial Report April 2012      City  of Renton All Funds ‐ Revenue, Expenditures and Fund Balances Cash  Basis through April 30, 2012 Funds Balance  01/01/2012 Budgeted  Revenue Revenue  04/30/12 Total Funds   Available Budgeted  Expenditure Expenditure  04/30/12 Ending   Balance GENERAL GOVERNMENT FUNDS:11,057,551       101,953,223   32,180,045     43,237,596         102,353,876       31,242,984          11,994,612     000 General 6,934,747         74,313,431     23,456,553     30,391,300         75,353,069         24,471,160          5,920,139       001 Community Services 1,413,050         11,302,259     3,571,717       4,984,767           11,126,074         3,037,773            1,946,994       003 Street 1,264,341         8,953,479       2,882,531       4,146,872           8,492,917           2,646,109            1,500,763       004 Community Dev Block Grant 8,339                305,961          73,144            81,483                303,281              92,695                 (11,212)          005 Museum 52,620              216,220          216,370          268,990              213,533              71,901                 197,088          006 Library 48,603              230,000          230,041          278,644              230,000              58,604                 220,040          009 Farmers  Market 87,437              75,500            22,606            110,043              78,629                21,145                 88,899            010 Fire  Memorial 1,953                ‐                      ‐                     1,953                  ‐                          ‐                          1,953              011 Fire  Health & Wellness 36,858              25,000            8,588              45,446                25,000                1,571                   43,876            031 Pa rk  Memorial 177,758             ‐                      228                 177,986               ‐                           ‐                          177,986          201 Ltd  GO Bonds  Gen Govt Debt 591,257            1,982,075       573,804          1,165,061           1,982,075           ‐                          1,165,061       215 Gen Govt Misc Debt Service 440,588            4,549,298       1,144,464       1,585,052           4,549,298           842,026               743,025          SPECIAL REVENUE FUNDS: 102 Arterial  Street 158,974            600,000          188,488          347,462              600,000              ‐                          347,462          108 Leased  City Properties 488,500            844,049          189,867          678,367              749,232              188,557               489,810          110 Hotel  Motel 243,556            265,000          126,489          370,045              442,050              265,169               104,876          118 Reserve  for Paths  & Trails 3,314                 ‐                      4                     3,318                   ‐                           ‐                          3,318              125 1% For Art 121,686            32,813            156                 121,842              50,000                 ‐                          121,842          127 Cable  Communication 185,968            85,000            66,318            252,286              235,674              4,137                   248,149          135 Springbrook Wetlands  Bank 663,556             ‐                      852                 664,408               ‐                           ‐                          664,408          DEBT SERVICE FUNDS: 219 1989 Unlimited GO Bonds ‐                         ‐                       ‐                      ‐                           ‐                           ‐                           ‐                     CAPITAL PROJECT FUNDS (CIP): 303 Community Dev Mitigation 1,475,050         60,000            7,735              1,482,785           400,000               ‐                          1,482,785       304 Fire  Mitigation 1,492,674         100,000          9,814              1,502,488           536,926               ‐                          1,502,488       305 Transportation  Mitigation 657,187            100,000          11,869            669,056              450,000               ‐                          669,056          316 Municipal Facilities CIP 3,745,546         2,928,009       404,391          4,149,937           6,337,982           674,551               3,475,386       317 Transportation  CIP 3,422,219         26,755,575     1,358,907       4,781,126           30,135,972         2,750,295            2,030,831       318 So Lake  WA Infrastructure Proj 52,792              ‐                      67                   52,859                52,024                441                      52,418            326 Housing Opportunity 130,546            ‐                      1,759              132,305              125,000              ‐                          132,305          336 New Library Development 19,196,447       ‐                      23,038            19,219,485         19,196,447         185,466               19,034,019     ENTERPRISE FUNDS: 402 Airport 494,718            1,299,150       617,954          1,112,672           1,307,780           434,915               677,757          403 Solid Waste  Utility 1,734,734         15,021,811     5,198,883       6,933,617           15,014,481         4,338,882            2,594,735       404 Golf Course 379,997            2,483,545       470,377          850,374              2,492,204           607,865               242,509          422 Airport Capital 1,589,992         4,149,219       291,239          1,881,231           5,639,211           166,581               1,714,650       424 Golf Course  Capital 235,491            50,000            33,651            269,142              145,000              14,761                 254,381          INTERNAL SERVICE FUNDS: 501 Equipment Repair/Replacement 4,774,376         3,190,893       1,068,572       5,842,948           3,979,127           1,436,886            4,406,062       502 Insurance 6,620,437         3,187,593       1,001,558       7,621,995           3,134,079           1,326,300            6,295,695       503 Information Services 2,181,743         4,126,173       1,385,818       3,567,561           5,959,686           1,418,532            2,149,029       504 Facilities 300,238            4,334,952       1,434,070       1,734,308           4,389,399           1,191,725            542,583          505 Communications 141,120            974,307          329,822          470,942              991,015              290,258               180,684          512 Insurance, Healthcare 7,133,996         12,014,224     3,935,461       11,069,457         11,996,739         3,602,853            7,466,604       522 Insurance, Leoff1 Retirees  HC 5,479,399         2,235,684       787,330          6,266,729           2,262,573           439,284               5,827,445       FIDUCIARY FUNDS: 611 Firemen's  Pension 4,377,696         300,000          2,328              4,380,024           550,475              88,186                 4,291,838       Funds Balance  01/01/2012 Budgeted  Revenue Revenue  04/30/12 Total Funds   Available Budgeted  Expenditure Expenditure  04/30/12 Ending   Balance ENTERPRISE FUNDS: COMBINED  UTILITIES 14,140,266       49,406,145     14,906,816     29,047,082         52,104,452         11,361,165          17,685,917     405 Water Utility 3,993,415         11,106,460     3,655,373       7,648,788           10,689,883         2,437,875            5,210,913       406 Waste Water Utility 685,178            5,888,574       2,068,468       2,753,646           5,130,805           1,317,469            1,436,177       407 Surface Water Utility 1,625,915         5,637,563       2,210,050       3,835,965           5,479,377           1,355,135            2,480,830       416 King  County Metro 1,077,805         13,209,387     4,383,625       5,461,430           13,209,387         4,312,165            1,149,265       425 Water Utility Construction 3,633,246         5,369,215       694,750          4,327,996           7,085,000           368,020               3,959,976       426 Waste Water Construction 524,178            3,310,000       879,777          1,403,955           3,710,000           545,069               858,886          427 Surface Water Construction 2,584,684         4,884,946       1,014,753       3,599,437           6,800,000           1,025,432            2,574,005       461 Waterworks  Bond Reserve ‐                         ‐                       ‐                      ‐                           ‐                           ‐                           ‐                     471 Waterworks  Rate  Stabilization 15,845               ‐                      20                   15,865                 ‐                           ‐                          15,865            481 Future W/S Bond Proceeds ‐                         ‐                       ‐                      ‐                           ‐                           ‐                           ‐                     Note:  Waterworks  Utility Funds  are managed as a  system and are designated by the  dotted lines.  Page 13 of 36 City of Renton General Government Financial Position 2011 Budget Year General Government Summary  Revenues Expenditures  $ Difference over (under)  w/beginning  balance  11,057,551             January 5,169,136              6,667,414              (1,498,278)             9,559,274               February 10,715,775            15,284,017            (4,568,242)             6,489,309               March 16,218,914            22,281,867            (6,062,953)             4,994,598               April 32,180,045            31,242,984            937,061                  11,994,612             May June July August September October November December 2,000,000  3,000,000  4,000,000  5,000,000  6,000,000  7,000,000  8,000,000  9,000,000  60,000,000  70,000,000  80,000,000  90,000,000  100,000,000  Change in Fund  Balance Rev/Exp Revenues Expenditures Change in Fund Balance (9,000,000) (8,000,000) (7,000,000) (6,000,000) (5,000,000) (4,000,000) (3,000,000) (2,000,000) (1,000,000) ‐ 1,000,000  ‐ 10,000,000  20,000,000  30,000,000  40,000,000  50,000,000  Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Page 14 of 36 City of Renton Monthly Revenue Analysis ‐ 2011 Budget Year General  Government Budget YTD Actual Annual %  over (under) Jan 5,193,603        5,169,136         ‐0.47% Feb 10,686,507      10,715,775      0.27% Mar 16,252,798      16,218,914       ‐0.21% Apr 29,919,251      32,180,045      7.56% May 44,905,468       Jun 49,752,021       Jul 55,739,238       Aug 60,906,216       Sep 67,121,931       Oct 80,526,499       Nov 95,374,419       Dec 101,953,223     Percent of budget 31.56% YTD Annual %  $‐ $10  $20  $30  $40  $50  $60  $70  $80  $90  $100  $110  Millions Total Revenue General Government Budget Actual Last Year $33 Millions Property Tax Property Tax Budget Actual over (under) Jan 255,343           149,112            ‐41.60% Feb 572,253           234,689            ‐58.99% Mar 1,247,748        1,115,068         ‐10.63% Apr 9,024,212        11,127,076      23.30% May 17,133,271       Jun 17,231,849       Jul 17,337,932       Aug 17,422,058       Sep 17,843,166       Oct 24,750,333       Nov 32,724,934       Dec 32,896,746       Percent of budget 33.82% $‐ $3  $6  $9  $12  $15  $18  $21  $24  $27  $30  $33  Budget Actual Last Year Page 15 of 36 City of Renton Monthly Revenue Analysis ‐ 2011 Budget Year Sales Tax Budget YTD Actual Annual %  over (under) Jan 1,552,198        1,493,022         ‐3.81% Feb 3,549,657        3,645,170        2.69% Mar 5,080,681        5,103,858        0.46% Apr 6,625,498        6,637,123        0.18% May 8,384,823         Jun 9,969,656         Jul 11,554,021       Aug 13,258,722       Sep 14,907,971       Oct 16,615,185       Nov 18,322,808       Dec 19,965,647       Percent of budget 33.24% Note:  Excludes CJ Sales Tax and Natural Gas Use Tax. YTD Annual %  $‐ $3  $6  $9  $12  $15  $18  $21  Millions Sales Tax Budget Actual Last Year $16 Millions Utility Tax Utility Tax Budget Actual over (under) Jan 1,423,448        1,469,178        3.21% Feb 2,936,432        2,981,716        1.54% Mar 4,482,830        4,420,232         ‐1.40% Apr 5,916,252        5,804,472         ‐1.89% May 7,266,402         Jun 8,522,519         Jul 9,762,636         Aug 10,979,816       Sep 12,205,670       Oct 13,458,742       Nov 14,740,056       Dec 16,155,203       Percent of budget 35.93% Note:  Includes Natural Gas Use Tax. $0  $2  $4  $6  $8  $10  $12  $14  $16  Budget Actual Last Year Page 16 of 36 City of Renton Monthly Revenue Analysis ‐ 2011 Budget Year Licenses &  Permits Budget YTD Actual Annual %  over (under) Jan 179,209           218,837           22.11% Feb 303,772           388,194           27.79% Mar 495,614           595,917           20.24% Apr 721,466           863,503           19.69% May 883,222            Jun 1,025,529         Jul 1,257,216         Aug 1,551,253         Sep 1,768,424         Oct 2,019,748         Nov 2,211,675         Dec 2,403,331         Percent of budget 35.93% Note:  Includes Fund 318. YTD Annual % Millions Intergovernmental $‐ $0.30  $0.60  $0.90  $1.20  $1.50  $1.80  $2.10  $2.40  $2.70  Millions Licenses & Permits Budget Actual Last Year Intergovt'l Budget Actual over (under) Jan 401,119           462,865           15.39% Feb 915,032           1,007,561        10.11% Mar 1,358,397        1,389,752        2.31% Apr 2,396,197        2,492,260        4.01% May 4,666,860         Jun 5,300,839         Jul 5,870,943         Aug 6,443,189         Sep 6,901,146         Oct 8,264,080         Nov 10,682,566       Dec 12,235,154       Percent of budget 20.37% Note:  Includes CJ Sales Tax. $‐ $1  $2  $3  $4  $5  $6  $7  $8  $9  $10  $11  $12  $13  $14  Millions Budget Actual Last Year Page 17 of 36 City of Renton Monthly Revenue Analysis ‐ 2011 Budget Year Charges for  Services Budget YTD Actual Annual %  over (under) Jan 433,277           374,426            ‐13.58% Feb 910,731           788,975            ‐13.37% Mar 1,454,233        1,308,436         ‐10.03% Apr 2,045,308        1,886,483         ‐7.77% May 2,644,071         Jun 3,207,813         Jul 3,864,078         Aug 4,567,070         Sep 5,140,570         Oct 5,652,987         Nov 6,159,124         Dec 6,691,060         Percent of budget 28.19% Fines & YTD Annual %  $‐ $1  $2  $3  $4  $5  $6  $7  Millions Charges for Services Budget Actual Last Year Millions Fines & Forfeits Forfeits Budget Actual over (under) Jan 169,834           183,478           8.03% Feb 432,054           424,528            ‐1.74% Mar 746,225           668,907            ‐10.36% Apr 1,034,478        947,879            ‐8.37% May 1,290,304         Jun 1,551,967         Jul 1,801,437         Aug 1,991,172         Sep 2,177,018         Oct 2,562,900         Nov 2,862,140         Dec 3,214,156         Percent of budget 29.49% $‐ $0.50  $1.00  $1.50  $2.00  $2.50  $3.00  $3.50  Budget Actual Last Year Page 18 of 36 City of Renton Monthly Revenue Analysis ‐ 2011 Budget Year Other Taxes Budget YTD Actual Annual %  over (under) Jan 650,754           612,068            ‐5.94% Feb 891,088           954,879           7.16% Mar 1,133,369        1,216,856        7.37% Apr 1,826,182        1,919,894        5.13% May 2,221,338         Jun 2,412,957         Jul 3,643,161         Aug 3,945,386         Sep 4,229,695         Oct 5,134,578         Nov 5,535,483         Dec 6,050,976         Percent of budget 31.73% YTD Annual % Millions Miscellaneous $0  $1  $2  $3  $4  $5  $6  $7  Millions Other Taxes Budget Actual Last Year Misc Budget Actual over (under) Jan 128,421           206,151           60.53% Feb 175,400           289,974           65.32% Mar 253,352           394,394           55.67% Apr 311,392           492,558           58.18% May 396,848            Jun 510,515            Jul 629,398            Aug 729,072            Sep 805,324            Oct 867,135            Nov 934,797            Dec 1,099,199         Percent of budget 44.81% $‐ $0.20  $0.40  $0.60  $0.80  $1.00  $1.20  $1.40  $1.60 Budget Actual Last Year Page 19 of 36 City of Renton Monthly Revenue Analysis ‐ 2011 Budget Year Other  Financing Budget YTD Actual Annual %  over (under) Jan ‐                          ‐                         N/A Feb 87                     90                     3.21% Mar 348                   5,494                1478.88% Apr 18,266              8,797                 ‐51.84% May 18,328               Jun 18,378               Jul 18,415               Aug 18,477               Sep 1,142,946         Oct 1,200,811         Nov 1,200,836         Dec 1,241,752         Percent of budget 0.71% YTD Annual % Millions Real Estate Excise Tax $‐ $2.00  $4.00  $6.00  $8.00  $10.00  $12.00  Millions Other Financing Sources Budget Actual Last Year REET Budget Actual over (under) Jan 158,072           77,631               ‐50.89% Feb 255,393           291,768           14.24% Mar 393,741           495,352           25.81% Apr 502,119           690,220           37.46% May 655,898            Jun 879,012            Jul 993,789            Aug 1,149,532         Sep 1,350,432         Oct 1,535,639         Nov 1,863,587         Dec 2,025,000         Percent of budget 34.08% $‐ $0.50  $1.00  $1.50  $2.00  $2.50  Millions Budget Actual Last Year Page 20 of 36 City of Renton Monthly Expenditure Analysis ‐ 2011 Budget Year General  Government Budget YTD Actual Annual %  over (under) Jan 7,260,682        6,667,414         ‐8.17% Feb 15,677,774      15,284,017       ‐2.51% Mar 22,981,905      22,281,867       ‐3.05% Apr 31,722,363      31,242,984       ‐1.51% May 41,859,756       Jun 50,333,706       Jul 59,118,853       Aug 67,850,124       Sep 76,521,326       Oct 84,769,735       Nov 93,132,969       Dec 102,353,876     Percent of budget expended 30.52% YTD Annual %  $‐ $10  $20  $30  $40  $50  $60  $70  $80  $90  $100  $110  Millions Total Expenditures General Government Budget Actual Last Year $300 000 Legislative Legislative Budget Actual over (under) Jan 23,052              21,995               ‐4.59% Feb 47,250              45,516               ‐3.67% Mar 71,106              68,811               ‐3.23% Apr 94,952              91,998               ‐3.11% May 118,463            Jun 142,332            Jul 166,209            Aug 189,913            Sep 213,507            Oct 235,771            Nov 259,647            Dec 284,087            Percent of budget expended 32.38% $‐ $50,000  $100,000  $150,000  $200,000  $250,000  $300,000  Budget Actual Last Year Page 21 of 36 City of Renton Monthly Expenditure Analysis ‐ 2011 Budget Year Executive Budget YTD Actual Annual %  over (under) Jan 115,566           75,851               ‐34.37% Feb 234,736           193,315            ‐17.65% Mar 352,251           312,540            ‐11.27% Apr 476,167           427,410            ‐10.24% May 597,036            Jun 714,061            Jul 838,503            Aug 949,052            Sep 1,083,306         Oct 1,204,110         Nov 1,318,583         Dec 1,468,694         Percent of budget expended 29.10% Hearing YTD Annual %  $‐ $0.30  $0.60  $0.90  $1.20  $1.50  $1.80  Millions Executive Budget Actual Last Year $180 000 Hearing Examiner Examiner Budget Actual over (under) Jan 8,732                1,731                 ‐80.18% Feb 15,470              3,485                 ‐77.47% Mar 20,317              16,343               ‐19.56% Apr 25,330              21,235               ‐16.17% May 30,687               Jun 36,506               Jul 42,088               Aug 47,349               Sep 53,136               Oct 58,229               Nov 65,292               Dec 71,025               Percent of budget expended 29.90% $‐ $30,000  $60,000  $90,000  $120,000  $150,000  $180,000  Budget Actual Last Year Page 22 of 36 City of Renton Monthly Expenditure Analysis ‐ 2011 Budget Year City Attorney Budget YTD Actual Annual %  over (under) Jan 135,939           136,926           0.73% Feb 280,202           277,093            ‐1.11% Mar 419,912           419,219            ‐0.16% Apr 560,129           563,552           0.61% May 698,477            Jun 838,962            Jul 978,014            Aug 1,116,943         Sep 1,255,965         Oct 1,386,265         Nov 1,523,461         Dec 1,668,686         Percent of budget expended 33.77% YTD Annual % $2 20 Millions Court Services $‐ $0.40  $0.80  $1.20  $1.60  Millions City Attorney Budget Actual Last Year Court Services Budget Actual over (under) Jan 174,964           166,993            ‐4.56% Feb 344,821           334,252            ‐3.06% Mar 521,572           504,905            ‐3.20% Apr 698,400           674,406            ‐3.44% May 871,345            Jun 1,069,741         Jul 1,252,611         Aug 1,433,492         Sep 1,617,436         Oct 1,784,453         Nov 1,963,784         Dec 2,155,819         Percent of budget expended 31.28% $‐ $0.20  $0.40  $0.60  $0.80  $1.00  $1.20  $1.40  $1.60  $1.80  $2.00  $2.20  Budget Actual Last Year Page 23 of 36 City of Renton Monthly Expenditure Analysis ‐ 2011 Budget Year CED Admin Budget YTD Actual Annual %  over (under) Jan 77,315              79,562              2.91% Feb 159,341           159,405           0.04% Mar 239,050           239,249           0.08% Apr 318,760           322,177           1.07% May 398,469            Jun 478,179            Jul 557,987            Aug 637,894            Sep 717,523            Oct 794,989            Nov 873,950            Dec 952,912            Percent of budget expended 33.81% Development YTD Annual %  $‐ $0.20  $0.40  $0.60  $0.80  $1.00  $1.20  Millions Community & Economic Development Admin Budget Actual Last Year Millions Development Services Services Budget Actual over (under) Jan 308,456           239,412            ‐22.38% Feb 598,589           477,272            ‐20.27% Mar 886,050           715,648            ‐19.23% Apr 1,171,262        959,516            ‐18.08% May 1,475,822         Jun 1,747,643         Jul 2,032,811         Aug 2,290,533         Sep 2,593,698         Oct 2,863,779         Nov 3,141,884         Dec 3,434,929         Percent of budget expended 27.93% $‐ $0.50  $1.00  $1.50  $2.00  $2.50  $3.00  $3.50  $4.00  Millions Budget Actual Last Year Page 24 of 36 City of Renton Monthly Expenditure Analysis ‐ 2011 Budget Year Economic  Development Budget YTD Actual Annual %  over (under) Jan 59,421              51,733               ‐12.94% Feb 124,792           115,634            ‐7.34% Mar 178,769           164,809            ‐7.81% Apr 237,200           209,460            ‐11.69% May 304,084            Jun 366,115            Jul 430,836            Aug 487,814            Sep 561,518            Oct 620,200            Nov 686,272            Dec 753,765            Percent of budget expended 27.79% YTD Annual %  $‐ $0.10  $0.20  $0.30  $0.40  $0.50  $0.60  $0.70  $0.80  Millions Economic Development Budget Actual Last Year Millions Planning Planning Budget Actual over (under) Jan 111,447           121,734           9.23% Feb 242,600           245,831           1.33% Mar 344,794           377,067           9.36% Apr 461,325           493,399           6.95% May 568,088            Jun 719,930            Jul 836,707            Aug 990,965            Sep 1,160,034         Oct 1,277,610         Nov 1,377,062         Dec 1,516,719         Percent of budget expended 32.53% $‐ $0.20  $0.40  $0.60  $0.80  $1.00  $1.20  $1.40  $1.60  $1.80  Millions Budget Actual Last Year Page 25 of 36 City of Renton Monthly Expenditure Analysis ‐ 2011 Budget Year Finance Budget YTD Actual Annual %  over (under) Jan 149,357           152,157           1.87% Feb 299,349           312,270           4.32% Mar 452,396           476,115           5.24% Apr 602,531           635,592           5.49% May 766,386            Jun 922,974            Jul 1,070,091         Aug 1,235,336         Sep 1,414,702         Oct 1,554,314         Nov 1,696,851         Dec 2,161,836         Percent of budget expended 29.40% YTD Annual % $0 80 Millions City Clerk $‐ $0.40  $0.80  $1.20  $1.60  $2.00  $2.40  Millions Finance Budget Actual Last Year City Clerk Budget Actual over (under) Jan 64,108              51,770               ‐19.25% Feb 125,530           111,173            ‐11.44% Mar 197,338           170,116            ‐13.79% Apr 357,645           226,333            ‐36.72% May 485,052            Jun 548,623            Jul 613,605            Aug 677,277            Sep 742,449            Oct 863,525            Nov 930,561            Dec 1,002,105         Percent of budget expended 22.59% $‐ $0.20  $0.40  $0.60  $0.80  Budget Actual Last Year Page 26 of 36 City of Renton Monthly Expenditure Analysis ‐ 2011 Budget Year Human  Resources Budget YTD Actual Annual %  over (under) Jan 85,534              69,265               ‐19.02% Feb 160,543           145,615            ‐9.30% Mar 235,703           227,236            ‐3.59% Apr 306,383           299,810            ‐2.15% May 377,353            Jun 458,275            Jul 539,353            Aug 617,162            Sep 695,139            Oct 771,451            Nov 853,247            Dec 946,956            Percent of budget expended 31.66% YTD Annual %  $‐ $0.20  $0.40  $0.60  $0.80  $1.00  Millions Human Resources Budget Actual Last Year $33 Millions Police Police Budget Actual over (under) Jan 2,247,759        1,905,016         ‐15.25% Feb 4,466,855        4,392,199         ‐1.67% Mar 6,695,875        6,307,019         ‐5.81% Apr 9,540,664        9,480,882         ‐0.63% May 12,668,569       Jun 15,284,797       Jul 17,916,322       Aug 20,406,918       Sep 22,942,085       Oct 25,357,122       Nov 27,888,227       Dec 30,555,217       Percent of budget expended 31.03% $‐ $3  $6  $9  $12  $15  $18  $21  $24  $27  $30  $33  Budget Actual Last Year Page 27 of 36 City of Renton Monthly Expenditure Analysis ‐ 2011 Budget Year Fire &  Emergency  Services Budget YTD Actual Annual %  over (under) Jan 1,926,514        1,891,121         ‐1.84% Feb 4,578,628        4,615,089        0.80% Mar 6,477,477        6,539,657        0.96% Apr 8,345,799        8,435,070        1.07% May 10,309,325       Jun 12,235,348       Jul 14,209,782       Aug 16,254,213       Sep 18,244,725       Oct 20,112,582       Nov 22,108,827       Dec 24,099,606       Percent of budget expended 35.00% Community YTD Annual %  $‐ $3  $6  $9  $12  $15  $18  $21  $24  Millions Fire & Emergency Services Budget Actual Last Year $0 45 Millions Community Services Admin Services Admin Budget Actual over (under) Jan 22,705              39,072              72.09% Feb 69,191              73,790              6.65% Mar 104,084           108,727           4.46% Apr 138,770           143,787           3.62% May 173,424            Jun 208,186            Jul 243,168            Aug 278,693            Sep 315,161            Oct 349,074            Nov 384,584            Dec 421,043            Percent of budget expended 34.15% $‐ $0.05  $0.10  $0.15  $0.20  $0.25  $0.30  $0.35  $0.40  $0.45  Budget Actual Last Year Page 28 of 36 City of Renton Monthly Expenditure Analysis ‐ 2011 Budget Year Parks Budget YTD Actual Annual %  over (under) Jan 262,517           274,545           4.58% Feb 559,300           551,290            ‐1.43% Mar 854,597           862,246           0.89% Apr 1,171,115        1,179,119        0.68% May 1,497,885         Jun 1,853,057         Jul 2,222,702         Aug 2,589,857         Sep 2,973,223         Oct 3,348,621         Nov 3,709,562         Dec 4,045,762         Percent of budget expended 29.14% Parks Planning  and Natural YTD Annual %  $‐ $0.50  $1.00  $1.50  $2.00  $2.50  $3.00  $3.50  $4.00  Millions Parks Budget Actual Last Year $0 60 Millions Parks Planning and Natural Resources Resources Budget Actual over (under) Jan 33,341              36,047              8.11% Feb 79,733              73,127               ‐8.29% Mar 130,026           124,284            ‐4.42% Apr 181,424           169,504            ‐6.57% May 243,305            Jun 302,748            Jul 372,183            Aug 433,495            Sep 494,583            Oct 561,935            Nov 625,369            Dec 685,122            Percent of budget expended 24.74% $‐ $0.10  $0.20  $0.30  $0.40  $0.50  $0.60  Budget Actual Last Year Page 29 of 36 City of Renton Monthly Expenditure Analysis ‐ 2011 Budget Year Recreation Budget YTD Actual Annual %  over (under) Jan 359,441           304,539            ‐15.27% Feb 719,755           652,057            ‐9.41% Mar 1,091,168        999,673            ‐8.39% Apr 1,458,822        1,377,160         ‐5.60% May 1,839,738         Jun 2,245,447         Jul 2,856,921         Aug 3,525,903         Sep 4,078,172         Oct 4,458,478         Nov 4,852,563         Dec 5,276,859         Percent of budget expended 26.10% Human YTD Annual % $1 40 Millions Human Services $‐ $1  $2  $3  $4  $5  $6  Millions Recreation Budget Actual Last Year Services Budget Actual over (under) Jan 53,571              58,787              9.74% Feb 115,249           130,666           13.38% Mar 191,090           266,033           39.22% Apr 373,425           409,836           9.75% May 474,159            Jun 539,264            Jul 716,044            Aug 792,431            Sep 859,537            Oct 1,005,515         Nov 1,095,976         Dec 1,277,487         Percent of budget expended 32.08% $‐ $0.20  $0.40  $0.60  $0.80  $1.00  $1.20  $1.40  Budget Actual Last Year Page 30 of 36 City of Renton Monthly Expenditure Analysis ‐ 2011 Budget Year Neighborhoods , Resources,  and Events Budget YTD Actual Annual %  over (under) Jan 42,811              41,419               ‐3.25% Feb 85,883              79,802               ‐7.08% Mar 129,550           129,143            ‐0.31% Apr 180,806           168,204            ‐6.97% May 230,302            Jun 293,808            Jul 363,607            Aug 429,239            Sep 484,127            Oct 529,989            Nov 583,317            Dec 697,288            Percent of budget expended 24.12% YTD Annual % $2 50 Millions Library Fund $‐ $100,000  $200,000  $300,000  $400,000  $500,000  $600,000  $700,000  Neighborhoods, Resources, and Events Budget Actual Last Year Library Fund Budget Actual over (under) Jan 2,500                2,500                0.00% Feb 5,000                5,000                0.00% Mar 7,500                7,500                0.00% Apr 58,604              58,604              0.00% May 95,833               Jun 115,000            Jul 134,167            Aug 153,333            Sep 172,500            Oct 191,667            Nov 210,833            Dec 230,000            Percent of budget expended 25.48% $‐ $0.50  $1.00  $1.50  $2.00  $2.50  Budget Actual Last Year Page 31 of 36 City of Renton Monthly Expenditure Analysis ‐ 2011 Budget Year Museum Fund Budget YTD Actual Annual %  over (under) Jan 17,252              17,791              3.12% Feb 34,965              35,736              2.21% Mar 52,434              53,787              2.58% Apr 70,241              71,901              2.36% May 88,071               Jun 106,029            Jul 124,048            Aug 141,990            Sep 160,056            Oct 177,858            Nov 195,702            Dec 213,533            Percent of budget expended 33.67% Public Works YTD Annual % $0 60 Millions Public Works Admin $‐ $30,000  $60,000  $90,000  $120,000  $150,000  $180,000  $210,000  Museum Fund Budget Actual Last Year Admin Budget Actual over (under) Jan 38,441              39,864              3.70% Feb 77,369              79,440              2.68% Mar 116,179           119,164           2.57% Apr 154,878           158,967           2.64% May 193,891            Jun 232,725            Jul 271,807            Aug 311,339            Sep 350,878            Oct 388,230            Nov 426,925            Dec 465,889            Percent of budget expended 34.12% $‐ $0.20  $0.40  $0.60  Budget Actual Last Year Page 32 of 36 City of Renton Monthly Expenditure Analysis ‐ 2011 Budget Year Street  Maintenance Budget YTD Actual Annual %  over (under) Jan 279,287           285,940           2.38% Feb 611,900           614,685           0.46% Mar 918,371           935,153           1.83% Apr 1,215,152        1,217,508        0.19% May 1,515,424         Jun 1,821,797         Jul 2,128,792         Aug 2,447,569         Sep 2,764,011         Oct 3,088,569         Nov 3,403,987         Dec 3,728,945         Percent of budget expended 32.65% YTD Annual %  $‐ $0.50  $1.00  $1.50  $2.00  $2.50  $3.00  $3.50  $4.00  Millions Street Maintenance Budget Actual Last Year $6 Millions Transportation Transportation Budget Actual over (under) Jan 347,406           288,400            ‐16.98% Feb 740,928           660,477            ‐10.86% Mar 1,157,753        1,000,881         ‐13.55% Apr 1,503,626        1,428,601         ‐4.99% May 1,890,393         Jun 2,314,346         Jul 2,673,048         Aug 3,094,333         Sep 3,467,142         Oct 3,889,049         Nov 4,270,515         Dec 4,763,972         Percent of budget expended 29.99% $‐ $1  $2  $3  $4  $5  $6  Budget Actual Last Year Page 33 of 36 City of Renton Monthly Expenditure Analysis ‐ 2011 Budget Year Debt Service Budget YTD Actual Annual %  over (under) Jan ‐                          ‐                         N/A Feb 250,317           250,317           0.00% Mar 250,317           250,317           0.00% Apr 842,026           842,026           0.00% May 2,721,405         Jun 3,265,687         Jul 3,809,968         Aug 4,354,249         Sep 4,898,530         Oct 5,442,811         Nov 5,987,092         Dec 6,531,373         Percent of budget expended 12.89% Non‐ Departmental YTD Annual % $5 00 Millions Non‐Departmental Other City Services $‐ $2  $4  $6  $8  $10  $12  $14  $16  Millions Debt Service Budget Actual Last Year Other City Budget Actual over (under) Jan 313,245           313,245           0.00% Feb 649,480           649,480           0.00% Mar 886,227           886,227           0.00% Apr 1,176,929        1,176,929        0.00% May 1,226,770         Jun 1,472,124         Jul 1,717,478         Aug 1,962,832         Sep 2,208,186         Oct 2,453,540         Nov 2,698,894         Dec 2,944,248         Percent of budget expended 39.97% $‐ $0.50  $1.00  $1.50  $2.00  $2.50  $3.00  $3.50  $4.00  $4.50  $5.00 Budget Actual Last Year Page 34 of 36 City of Renton Monthly Enterprise Fund Financial Report ‐ 2011 Budget Year Utilities Budget Revenue Expense Jan 3,475,799        4,860,643      3,270,986       Feb 8,418,801        9,712,888      7,451,062       Mar 14,051,183      15,372,251    11,393,139     Apr 18,326,955      20,105,679    15,700,049     May 22,684,083       Jun 31,272,421       Jul 36,738,457       Aug 41,485,486       Sep 47,210,495       Oct 52,849,867       Nov 58,237,289       Dec 67,118,933       Percent of budget expended 15.79% Note:  Operations and Capital $0 $10 $20 $30 $40 $50 $60 $70 $80 Millions Utilities Budget Revenue Expense $8 00 Millions Airport Airport Budget Revenue Expense Jan 491,361           182,302          131,563           Feb 880,323           480,547          293,170           Mar 1,313,329        679,165          431,819           Apr 1,790,795        909,193          601,497           May 2,161,070         Jun 2,896,131         Jul 3,375,334         Aug 4,206,194         Sep 4,852,959         Oct 5,709,245         Nov 6,373,308         Dec 6,946,991         Percent of budget expended 8.66% Note:  Operations and Capital $‐ $1.00  $2.00  $3.00  $4.00  $5.00  $6.00  $7.00  $8.00  Budget Revenue Expense Page 35 of 36 City of Renton Monthly Enterprise Fund Financial Report ‐ 2011 Budget Year Golf Course Budget Revenue Expense Jan 60,268              65,568            123,688           Feb 200,212           163,205          259,488           Mar 339,128           281,478          422,495           Apr 428,171           504,028          622,626           May 528,038            Jun 661,811            Jul 758,375            Aug 865,936            Sep 957,161            Oct 1,041,874         Nov 1,206,844         Dec 2,637,204         Percent of budget expended 23.61% Note:  Operations and Capital $‐ $0.30  $0.60  $0.90  $1.20  $1.50  $1.80  $2.10  $2.40  $2.70  $3.00  Millions Golf Course Budget Revenue Expense Page 36 of 36