HomeMy WebLinkAbout201207, July.pdfFINANCE AND
INFORMATION TECHNOLOGY
M E M O R A N D U M
DATE: September 5, 2012
TO: Rich Zwicker, Council President
Members of the Renton City Council
CC: Denis Law, Mayor
Administrators
FROM: Hai Nguyen, Sr. Finance Analyst
SUBJECT: July 2012 Financial Status Report
At the end of July, general governmental revenues show $1.6 million or 2.9% over budget.
Revenues sources that are higher than expected are: property taxes ($411k); sales tax ($160k);
real estate excise taxes ($367k); building permits & development service fees ($513k); and state
shared revenues ($250k). On the down side, the revenue sources that are underperforming the
year to date budget are: franchise fees ($54k below); utility taxes ($115k below); culture and
recreation fees ($75k below); and interfund/inter‐departmental services ($290k below).
General government expenditures showed favorable variance of $575k or 1%. See page 9 of
report for further expenditure over‐spent explanations.
The attached report provides more detailed discussion of each revenue source and our updated
projections for the year. Please do not hesitate to contact me at x6952 should you have any
questions or any suggestions about the report.
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General Governmental Funds
$%
Beginning Fund Balance 11,955,285$ 11,955,285$ 11,407,119$ 11,407,119$ 11,057,551$ 11,057,551$ 11,057,551$ ‐ 0.0%
OPERATING REVENUES
Property Tax 31,497,128 16,637,599 32,357,894 17,221,992 32,896,746 17,337,932 17,748,446 410,514 2.4%
Sales Tax 17,198,220 9,959,476 17,729,731 10,272,884 17,864,000 10,352,771 10,512,932 160,161 1.5%
Sales Tax ‐ Annexation Credit 2,025,660 1,171,816 2,033,954 1,162,559 2,101,647 1,201,250 1,253,852 52,602 4.4%
Criminal Justice Sales Tax 1,620,479 924,177 1,809,757 1,038,964 1,867,145 1,071,910 1,070,042 (1,868) ‐0.2%
Natural Gas Use Tax 228,514 155,964 249,407 177,560 270,394 192,501 218,126 25,625 13.3%
Admission Tax 291,399 217,379 308,200 220,894 350,000 250,853 235,808 (15,044) ‐6.0%
Franchise Fees 1,222,444 881,269 1,234,448 894,644 1,323,000 958,821 904,991 (53,830) ‐5.6%
Electricity Tax 5,036,907 2,984,864 5,166,711 3,109,033 5,283,280 3,179,177 3,149,766 (29,411) ‐0.9%
Natural Gas Utility Tax 1,577,756 1,077,147 1,848,806 1,339,817 1,950,000 1,413,152 1,215,126 (198,025) ‐14.0%
Transfer Station 269,912 131,906 297,474 146,408 248,762 122,433 172,862 50,429 41.2%
TV Cable 1,296,744 782,859 1,385,275 785,611 1,427,679 809,659 801,145 (8,514) ‐1.1%
Telephone 1,038,009 604,440 966,827 567,883 1,000,000 587,368 577,643 (9,726) ‐1.7%
Cellular Phone 2,206,637 1,388,254 2,054,183 1,240,214 2,309,360 1,394,278 1,362,824 (31,454) ‐2.3%
City Utilities 2,853,884 1,605,573 3,516,179 1,979,861 3,665,728 2,064,067 2,150,615 86,547 4.2%
Leasehold Excise Tax 138,830 65,359 162,593 82,413 145,000 73,496 80,019 6,523 8.9%
Gambling Excise Tax 1,546,386 934,866 1,671,414 998,783 1,600,000 956,108 964,278 8,169 0.9%
Real Estate Excise Tax 2,464,489 1,327,717 2,074,059 1,017,867 2,025,000 993,365 1,468,685 475,320 47.8%
Less: Municipal Facilities CIP REET (400,000) (222,573) (400,000) (181,762) (400,000) (181,762) (290,111) (108,349) 59.6%
EMS Levy 1,161,114 580,473 868,873 510,544 1,007,976 442,891 442,891 ‐ 0.0%
Business License Fees 431,782 304,514 442,451 303,071 469,817 321,816 311,433 (10,384) ‐3.2%
Other Licenses and Permits 262,629 126,421 232,534 110,871 213,305 101,703 128,619 26,916 26.5%
Building Permits & Development Svc Fees 2,437,270 1,591,927 2,772,779 1,397,361 2,466,063 1,243,946 1,756,656 512,710 41.2%
Intergovt'l (Grants, State Shared, etc) 4,426,676 2,465,483 4,737,323 2,165,109 4,359,315 2,282,974 2,532,984 250,010 11.0%
Fire District 25 and 40 Contracts 5,252,877 2,507,971 6,110,668 3,113,598 6,008,694 3,078,566 3,078,566 ‐ 0.0%
Public Safety 482,343 268,934 484,985 294,503 430,635 261,500 283,204 21,705 8.3%
Culture and Recreation 1,424,932 936,938 1,493,540 887,268 1,660,863 986,670 911,944 (74,726) ‐7.6%
Interfund/Interdept‐Services 3,190,908 1,922,398 3,070,506 1,758,019 3,617,185 2,071,020 1,781,164 (289,856) ‐14.0%
Fines and Forfeits 1,291,817 667,924 1,163,602 622,204 1,088,750 582,019 541,152 (40,867) ‐7.0%
Photo Enforcement 1,925,159 1,178,110 1,897,782 1,189,991 1,944,713 1,219,418 1,279,871 60,453 5.0%
Seizure Funds ‐ Federal/State/Local 221,046 101,693 83,220 ‐ 180,693 ‐ 25,614 25,614 100.0%
Interests and Other Earnings 183,511 116,808 107,183 59,958 125,400 70,149 59,508 (10,641) ‐15.2%
Rents, Leases, and Concessions 727,338 519,731 744,834 476,173 701,464 448,447 529,399 80,953 18.1%
Contributions and Donations 133,756 89,610 196,586 142,432 81,500 59,049 71,324 12,275 20.8%
Other Miscellaneous 434,286 276,334 529,147 253,631 427,358 186,393 310,750 124,357 66.7%
Other Financing Sources (Transfer‐In, etc) 653,595 604 1,073,507 168,527 1,241,752 18,415 144,991 126,576 687.4%
Total Operating Revenues 96,754,435 54,283,966 100,476,431 55,528,886 101,953,223 56,152,355 57,787,119 1,634,765 2.9%
OPERATING EXPENDITURES
Legislative 259,345 152,284 271,236 158,140 284,087 166,209 161,791 4,418 2.7%
Executive 1,578,526 933,696 1,566,906 862,086 1,468,694 838,503 775,729 62,774 7.5%
Hearing Examiner 174,447 101,724 59,878 37,133 71,025 42,088 33,646 8,442 20.1%
City Attorney 1,565,597 929,609 1,596,609 923,755 1,668,686 978,014 982,591 (4,576) ‐0.5%
Court Services 2,007,599 1,168,151 2,084,170 1,209,319 2,155,819 1,252,611 1,225,120 27,491 2.2%
Community and Eco Dvlpmnt Admin 579,396 340,807 929,814 542,926 952,912 557,987 553,718 4,269 0.8%
Development Services 2,946,413 1,733,782 2,810,736 1,673,333 3,434,929 2,032,811 1,725,325 307,486 15.1%
Economic Development 1,322,004 739,968 724,970 430,038 753,765 430,836 352,657 78,179 18.1%
Planning 1,774,508 982,457 1,447,781 795,138 1,516,719 836,707 858,754 (22,047) ‐2.6%
Finance 2,214,458 1,076,383 2,134,667 1,076,398 2,161,836 1,070,091 1,172,818 (102,727) ‐9.6%
City Clerk 789,209 459,511 736,880 474,938 1,002,105 613,605 611,198 2,408 0.4%
Human Resources 861,221 505,205 888,252 491,235 946,956 539,353 540,433 (1,080) ‐0.2%
Police 23,946,386 14,036,399 24,737,346 14,540,935 25,214,618 14,800,973 14,710,132 90,840 0.6%
Jail Services 3,539,035 1,823,103 6,206,735 1,769,837 5,340,599 1,746,776 1,746,776 ‐ 0.0%
Fire 21,554,792 12,791,611 22,511,597 13,191,127 24,099,606 14,209,782 14,471,622 (261,840) ‐1.8%
Community Services Admin 1 1,063,011 615,838 416,284 238,509 421,043 243,168 250,982 (7,814) ‐3.2%
Parks 3,421,424 1,889,813 3,829,676 2,093,871 4,045,762 2,222,702 2,170,674 52,028 2.3%
Parks Planning & Natural Resources 448,574 241,477 551,423 301,757 685,122 372,183 319,721 52,462 14.1%
Recreation 4,433,420 2,391,170 4,974,002 2,702,061 5,276,859 2,856,921 2,707,614 149,307 5.2%
Human Services 1,326,778 748,040 1,247,294 694,753 1,277,487 716,044 682,779 33,265 4.6%
Neighborhoods, Resources, & Events 331,222 186,433 610,545 304,660 697,288 363,607 328,394 35,213 9.7%
Library 2,289,692 1,628,119 2,030,000 1,817,619 230,000 266,106 266,106 ‐ 0.0%
Museum 191,090 111,161 210,620 122,204 213,533 124,048 126,037 (1,989) ‐1.6%
Public Works Admin 1 514,858 302,033 452,538 262,362 465,889 271,807 275,725 (3,918) ‐1.4%
Street Maintenance 3,412,892 1,915,110 3,534,025 2,050,768 3,728,945 2,128,792 2,168,603 (39,811) ‐1.9%
Transportation 5,215,309 2,911,581 4,509,066 2,544,732 4,763,972 2,673,048 2,561,195 111,853 4.2%
Debt Service 4,707,100 926,961 4,822,566 1,285,140 6,531,373 1,905,620 1,905,620 ‐ 0.0%
Non‐Departmental and Other 4,834,296 2,144,315 4,930,383 3,726,837 2,944,248 1,863,974 1,863,974 ‐ 0.0%
Total Operating Expenditures 97,302,601 53,786,741 100,825,999 56,321,612 102,353,876 56,124,367 55,549,735 574,632 1.0%
Total Ending Fund Balance 11,407,119$ 12,452,510$ 11,057,551$ 10,614,393$ 10,656,898$ 11,085,538$ 13,294,935$ 2,209,397 19.9%
1Facilities was included in Community Services Admin and Technical Services was included in Public Works Admin in 2010
Summary of Sources and Uses Annual Actual YTD Actual Favorable (Unfavorable)
2010 2011 2012 Variance
Annual Actual YTD Actual Annual Budget YTD Budget YTD Actual
Monthly Financial Report July 2012
Page 1 of 36
Monthly Financial Report July 2012
OVERVIEW
This financial overview reflects the City’s overall financial position for the fiscal year through July 31, 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 74% of
all resources supporting general governmental activities. The following section provides detail information on property,
sales, utility, and other taxes.
Property Tax
July’s collection is $447k, making the
total year‐to‐date collection $17.7
million or 54% of the total budget. In
comparison to the previous year, the
City collected $526k or 3% more.
Compared to the budget, the City is
above projections by $411k or 2%.
2012’s monthly budgets are based on
2009 through 2011 collections. The
April/May 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
combine April and May, the City is right on target with budget projections.
Sales Tax
July 2012 sales tax receipts totalled $1.5
million. Compared to the same month
last year, it is $67k or 5% more.
Compared to the projected current
month’s budget, it is $94k or 7% above.
The year‐to‐date collection of $10.5
million is $240k or 2% more than the prior
year and is also $160k or 1% more than
budgeted. The City is projecting sales tax
revenues to meet 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 6,131,450 (1,718,030) ‐22% (1,977,609) ‐24%
Jun 54,963 98,578 43,203 (11,760) ‐21% (55,375) ‐56%
Jul 112,076 106,083 446,717 334,641 299% 340,634 321%
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 17,221,992$ 17,337,932$ 17,748,446$ 526,454$ 3% 410,514$ 2%
Annual Total 32,357,894$ 32,896,746$
Property Tax Revenues
Year to Date through July
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 1,599,184 8,403 1% 20,309 1%
Jun 1,368,213 1,422,596 1,482,794 114,580 8% 60,197 4%
Jul 1,437,859 1,411,637 1,505,142 67,283 5% 93,504 7%
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 10,272,884$ 10,352,771$ 10,512,932$ 240,048$ 2% 160,161$ 2%
Annual Total 17,729,731$ 17,864,000$
2012 vs. Budget2012 vs. 2011
Month
Year to Date through July
Local Retail Sales Tax Revenues
Page 2 of 36
Monthly Financial Report July 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 820,744$ 929,778$ 933,437$ 112,693$ 14%$ 3,660 0%
Auto Sales 1,859,697 2,023,173 1,908,694 48,998 3% (114,478)‐6%
General Retail 3,559,227 3,681,416 3,777,248 218,021 6% 95,832 3%
Manufacturing 679,516 431,200 617,735 (61,780) ‐9% 186,535 43%
Wholesale 668,243 682,538 675,829 7,585 1% (6,709)‐1%
Service 2,260,514 2,356,430 2,367,495 106,981 5% 11,065 0%
Other 424,943 248,235 232,492 (192,451) ‐45% (15,743)‐6%
Total 10,272,884$ 10,352,771$ 10,512,932$ 240,048$ 2%160,161$ 2%
Note: Excludes Annexation Credit and Criminal Justice Sales Tax revenue.
Utility tax
July utility tax revenues are $1.3 million,
which is $152k or 13% higher than the
same month last year and is also ahead
of the budget by $101k or 8%. The year‐
to‐date collection is $9.6 million, which is
$302k or 3% higher than the prior year
but is $115k or 1% lower than the
budget. The City is projecting utility tax
revenues to be under budget at year‐
end.
The table below breaks out Utility Tax by source. The Natural Gas variance is due to warmer weather year‐to‐date than the
prior year.
Utility Tax by Type 2011 2012 Bgt YTD Act Change 2012/2011 2012 Act vs Bgt
Electrical 3,109,033$ 3,179,177$ 3,149,766$ 40,734$ 1%$ (29,411)‐1%
Natural Gas 1,517,377 1,605,653 1,433,252 (84,125) ‐6% (172,401)‐11%
Cell 1,240,214 1,394,278 1,362,824 122,610 10% (31,454)‐2%
Phone 567,883 587,368 577,643 9,759 2% (9,726)‐2%
Cable 785,611 809,659 801,145 15,534 2% (8,514)‐1%
Transfer Station 146,408 122,433 172,862 26,454 18% 50,429 41%
City Utilities 1,979,861 2,064,067 2,150,615 170,754 9% 86,547 4%
YTD Total 9,346,387$ 9,762,636$ 9,648,107$ 301,720$ 3%(114,529)$ ‐1%
Annual Total 15,484,862$ 16,155,203$
YTD as % of 60% 60%
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 1,394,109 102,579 8% 43,959 3%
Jun 1,203,475 1,256,117 1,108,588 (94,888) ‐8% (147,530) ‐12%
Jul 1,188,526 1,240,117 1,340,939 152,413 13% 100,822 8%
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 9,346,387$ 9,762,636$ 9,648,107$ 301,720$ 3% (114,529)$ ‐1%
Annual Total 15,484,862$ 16,155,203$
2012 vs. Budget2012 vs. 2011
Year to Date through July
Utility Tax Revenues
Month
Page 3 of 36
Monthly Financial Report July 2012
Other Taxes
Real Estate Excise Tax
The City collected $178k in Real Estate
Excise Tax revenues (REET) for July. This is
$60k or 51% ahead of the same month last
year and $63k or 55% above the current
month’s budget. The year‐to‐date
collection is $1.5 million, which is $451k or
44% more than the prior year and is also
$475k or 48% above the budget. The City is
projecting REET to exceed the budget at
year‐end.
Gambling Tax
July’s Gambling Tax collections total
$161k. Year‐to‐date total of $964k is
$35k or 3% below the year before but
is $8k or 1% 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 variance in May is due to new payment plans with the same above establishments.
The City is projecting gambling tax revenues to meet the budget at year‐end.
Pull tabs overall had a 0% increase, bingo increased by 39%, and card‐rooms are seeing 5% lower in activities when
compared to the prior year.
Franchise Fees
Franchise Fees are due quarterly and
the year‐to‐date revenue collections
are $905k or 68% of the budget. This
is $10k or 1% higher than 2011 but is
$54k or 6% 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 157,519 153,728 253,446 95,927 61% 99,719 65%
Jun 228,506 223,006 347,179 118,673 52% 124,174 56%
Jul 117,567 114,737 177,839 60,273 51% 63,103 55%
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 1,017,867$ 993,365$ 1,468,685$ 450,817$ 44% 475,320$ 48%
Annual Total 2,074,059$ 2,025,000$
Real Estate Excise Tax Revenues
Year to Date through July
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 159,013 152,219 101,088 (57,924) ‐36% (51,130) ‐34%
Jun 151,240 144,778 127,372 (23,868) ‐16% (17,406) ‐12%
Jul 136,775 130,931 161,244 24,469 18% 30,313 23%
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 998,783$ 956,108$ 964,278$ (34,505)$ ‐3% 8,169$ 1%
Annual Total 1,671,414$ 1,600,000$
Year to Date through July
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 294,438 315,560 305,065 10,627 4% (10,495) ‐3%
Oct 292,692 313,688 ‐
Dec 47,111 50,491 ‐
YTD Total 894,644$ 958,821$ 904,991$ 10,347$ 1% (53,830)$ ‐6%
Annual Total 1,234,448$ 1,323,000$
Month
2012 vs. 2011 2012 vs. Budget
Franchise Fees Revenue
Year to Date through July
Page 4 of 36
Monthly Financial Report July 2012
Admission Tax
Admission Tax returns are due
quarterly in January, April, July, and
October each year. July 2012
collections represent activities
conducted during the 2nd quarter of
2012.
The report shows an increase of $15k
or 7% from the year before but is
$15k or 6% less than anticipated. The
City is projecting admission tax
revenues to be slightly under the budget at year‐end.
Licenses and Permits
Building Permits and Development Service Fees
Building Permits and Development Service
Fee revenues totalled $300k in July. The
year‐to‐date development fees revenue of
$1.8 million is $359k or 26% more than
2011 and is also $513k or 41% higher than
budget. The higher than expected fees are
due to collecting more in general building
permits, electrical permits, public works
inspection fees and plan check fees. The
City is projecting building permits and
development service fee revenues to
exceed the budget at year‐end.
Business Licenses
Business Licenses totalled $99k for July, which is
$15k or 17% above the same month last year and is
also $9k or 11% above the current month’s budget.
The year‐to‐date Business Licenses revenue is over
the prior year by $8k or 3% but is $10k or 3% behind
the budget. The reason for the variance in May is
due to two corrections (one for 2011 and one for
2012) incorrectly coded to amusement licenses and
lower activity recorded for general business
licenses. The City is projecting business licenses to
be slightly under the budget at year‐end.
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 81,104 (4,921) ‐6% (16,588) ‐17%
Aug 1,194 1,356 ‐
Oct 86,112 97,791 ‐
YTD Total 220,894$ 250,853$ 235,808$ 15,321$ 7% (14,582)$ ‐6%
Annual Total 308,200$ 350,000$
Month
2012 vs. 2011 2012 vs. Budget
Admission Tax Revenue
Year to Date through July
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 239,018 215,841 285,205 46,187 19% 69,364 32%
Jun 215,975 195,717 291,218 75,243 35% 95,500 49%
Jul 211,760 187,937 299,611 87,851 41% 111,674 59%
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 1,397,361$ 1,243,946$ 1,756,656$ 359,295$ 26% 512,710$ 41%
Annual Total 2,772,779$ 2,466,063$
Building Permits and Development Service Fees
Year to Date through July
2012 vs. Budget2012 vs. 2011
Month
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 2,645 (17,496) ‐87% (18,742) ‐88%
Jun 3,964 4,209 3,377 (588) ‐15% (833) ‐20%
Jul 83,962 89,155 98,553 14,591 17% 9,398 11%
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 303,071$ 321,816$ 311,433$ 8,362$ 3% (10,384)$ ‐3%
Annual Total 442,451$ 469,817$
2012 vs. 2011
Year to Date through July
2012 vs. Budget
Business Licenses
Month
Page 5 of 36
Monthly Financial Report July 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 89% of the total
revenues in this category. The year‐to‐date total Intergovernmental revenue is $6.7 million or 55% of the budget.
State Shared Revenues
State Shared Revenue collections
totalled $2.9 million since the start
of 2012. Compared to the prior
year, State Shared Revenues are
above by $195k or 7%. Compared
to the projected budget, the City is
collecting $248k or 9% more. The
higher than expected collections
are due to Criminal Justice’s High
Crime not being budgeted for and
for Liquor Profits (due to auction
proceeds). The auction proceeds
will only be receipted in 2012. The
City is projecting the total state shared revenues to exceed 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 $3.7 million or 56% of
the budget. This is 3% below budget projections. The following sections provide detail information for Public Safety,
Recreation, and Interfund Services.
Public Safety Services
Public Safety Services totalled $283k 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 4%
less. Compared to the budget, the City is
collecting $22k or 8% more than anticipated
revenue. The City is projecting public safety
services revenues to meet the budget at year‐
end.
Intergovernmental 2011 2012 Bgt YTD Act Change 2012/2011 2012 Act vs Bgt
Fire District #25 674,677$ 698,717$ 698,717$ 24,040$ 4% $ ‐ 0%
Fire District #40 2,438,922 2,379,849 2,379,849 (59,073) ‐2%‐ 0%
State Shared Revenue 2,688,982 2,635,905 2,884,047 195,065 7% 248,142 9%
Federal Grants 165,170 293,660 293,660 128,490 78%‐ 0%
State Grants 99,710 83,535 83,535 (16,175) ‐16%‐ 0%
Other Grants/Intgovt 113,635 87,720 87,720 (25,915) ‐23%‐ 0%
ARRA Grants 136,576 254,064 254,064 117,488 86%‐ 0%
Total Rev YTD 6,317,671$ 6,433,449$ 6,681,592$ 363,921$ 6%248,142$ 4%
Total Rev Annual 12,657,748$ 12,235,154$
YTD % 50% 53% 55%
Note: Includes CJ Sales Tax.
2011 2012 2012
Actual Budget Actual $ % $ %
Crim Just Sales Tax 1,038,964$ 1,071,910$ 1,070,042$ 31,078$ 3% (1,868)$ 0%
Judicial Contribution 11,234 6,000 11,316 82 1% 5,316 89%
Crim Just ‐ High Crime 142,459 72,536 144,999 2,540 2% 72,464 100%
Crim Just ‐ Pop 14,900 ‐ 15,589 689 5% 15,589 100%
Crim Just ‐ Spec Prog 56,257 50,935 58,682 2,426 4% 7,747 15%
State DUI 14,591 11,621 13,149 (1,442) ‐10% 1,528 13%
Liquor Profits 355,913 364,978 506,059 150,146 42% 141,081 39%
Liquor Excise Tax 327,685 334,811 342,495 14,810 5% 7,684 2%
Fuel Tax 726,979 723,115 721,716 (5,264) ‐1% (1,399) 0%
YTD Total 2,688,982$ 2,635,905$ 2,884,047$ 195,065$ 7% 248,142$ 9%
Annual Total 4,495,551$ 4,437,913$
Year to Date through July
State Shared Revenues
2012 vs. 2011
Revenue
2012 vs. Budget
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 42,979 7,370 21% 11,360 36%
Jun 46,295 41,107 31,486 (14,809) ‐32% (9,621) ‐23%
Jul 70,094 62,239 54,883 (15,211) ‐22% (7,356) ‐12%
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 294,503$ 261,500$ 283,204$ (11,299)$ ‐4% 21,705$ 8%
Annual Total 484,985$ 430,635$
Month
2012 vs. 2011
Year to Date through July
Public Safety Services
2012 vs. Budget
Page 6 of 36
Monthly Financial Report July 2012
Recreation
Recreation revenues totalled $260k for the
current month. Compared to the same
month the prior year, the City collected $49k
or 23% more. Compared to the projected
monthly budget, the City collected $25k or
11% more. The year‐to‐date collection of
$912k is $25k or 3% more than the prior
year but is $75k or 8% 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 $1.8 million.
Compared to the prior year, the revenues
are over by $23k or 1%. Compared to the
projected budget, the revenues are below by
$290k or 14%. 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
$1.8 million. This is $33k or 2% higher
than a year ago and also $28k or 2% above
the budget. The City is projecting fines
and penalties to meet the budget at year‐
end.
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 134,113 149,138 139,013 4,900 4% (10,125) ‐7%
Jun 144,083 160,224 149,137 5,054 4% (11,087) ‐7%
Jul 211,388 235,070 260,363 48,975 23% 25,293 11%
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 887,268$ 986,670$ 911,944$ 24,676$ 3% (74,726)$ ‐8%
Annual Total 1,493,540$ 1,660,863$
Recreation
Year to Date through July
2012 vs. Budget2012 vs. 2011
Month
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 255,425 300,902 291,941 36,516 14% (8,961) ‐3%
Jun 234,878 276,697 275,112 40,234 17% (1,584) ‐1%
Jul 238,262 280,683 217,828 (20,434) ‐9% (62,855) ‐22%
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 1,758,019$ 2,071,020$ 1,781,164$ 23,145$ 1% (289,856)$ ‐14%
Annual Total 3,070,506$ 3,617,185$
2012 vs. Budget
Month
Interfund Services
Year to Date through July
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 255,949 255,826 303,583 47,634 19% 47,757 19%
Jun 262,444 261,662 314,041 51,597 20% 52,379 20%
Jul 247,468 249,471 271,355 23,888 10% 21,885 9%
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 1,796,070$ 1,801,437$ 1,829,364$ 33,294$ 2% 27,927$ 2%
Annual Total 3,112,464$ 3,214,156$
Month
2012 vs. Budget2012 vs. 2011
Year to Date through July
Fines and Penalties by Month
Page 7 of 36
Monthly Financial Report July 2012
Year to Date through July
2011 2012 2012
Actual Budget Actual $ % $ %
Civil Penalties 6,470$ 9,053$ 4,935$ (1,535)$ ‐24% (4,118)$ ‐45%
Civil Infraction Penalties 394,261 422,966 324,693 (69,569) ‐18% (98,273) ‐23%
Civil Parking Infraction Penalties 65,032 70,925 62,511 (2,521) ‐4% (8,413) ‐12%
Photo Enforcement Program 1,189,991 1,219,418 1,279,871 89,881 8% 60,453 5%
Criminal Traffic Misdemeanor Fines 56,774 51,397 48,877 (7,897) ‐14% (2,520) ‐5%
Criminal Non‐Traffic Fines 16,294 20,939 12,952 (3,342) ‐21% (7,987) ‐38%
Criminal Costs 66,993 6,324 69,283 2,290 3% 62,960 996%
Seizure Funds ‐ Federal/State/Local ‐ ‐ 25,614 25,614 100% 25,614 100%
Non‐Court Fines, Forfeitures and Penalties 255 416 628 373 146% 211 51%
YTD Total 1,796,070$ 1,801,437$ 1,829,364$ 33,294$ 2% 27,927$ 2%
Annual Total 3,112,464$ 3,214,156$
2012 vs. 2011
Revenue
2012 vs. Budget
Fines and Penalties by Type
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 $1.3 million. 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 $844k.
Compared to last year, the revenues are
over by $41k or 5%. Compared to the
projected year‐to‐date budget, the
revenues are over by $215k or 34%. The
table on the next page breaks out
miscellaneous revenues by type:
Favorable
Budget Actual Budget Actual (Unfavorable)
1
Jan 169,793$ 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 160,960 215,625 71,882 67,979 147,645
Jun 180,018 221,524 71,871 67,952 153,571
Jul 155,574 188,622 72,275 68,237 120,385
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 1,219,418$ 1,279,871$ 498,171$ 472,435$ 807,437$
Annual Total 1,944,713$ 841,964$
1 Actuals of Revenues and Expenses
Expenses
Photo Enforcement Program
Year to Date through July
Month
Revenues
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 85,456 145,213 48,130 50% 59,757 70%
Jun 145,018 113,666 93,832 (51,185) ‐35% (19,834) ‐17%
Jul 173,878 118,884 112,316 (61,562) ‐35% (6,568) ‐6%
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 802,501$ 629,398$ 843,920$ 41,418$ 5% 214,521$ 34%
Annual Total 1,350,195$ 1,099,199$
Year to Date through July
Month
2012 vs. Budget2012 vs. 2011
Miscellaneous Revenues by Month
Page 8 of 36
Monthly Financial Report July 2012
2011 2012 2012
Actual Budget Actual $ % $ %
Interests and Other Earnings 59,958$ 70,149$ 59,508$ (450)$ ‐1% (10,641)$ ‐15%
Rents, Leases, and Concessions 476,173 448,447 529,399 53,226 11% 80,953 18%
Contributions/Donations from Private Sources 142,432 59,049 71,324 (71,108) ‐50% 12,275 21%
Other 123,938 51,754 183,688 59,751 48% 131,934 255%
YTD Total 802,501$ 629,398$ 843,920$ 41,418$ 5% 214,521$ 34%
Annual Total 1,350,195$ 1,099,199$
2012 vs. Budget
Miscellaneous Revenues by Type
Year to Date through July
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 54% of its budgeted general governmental expenditures at the end of July. This is $575k or
1% below year‐to‐date budgeted expenditures. See below for summary of unfavorable items for general governmental
departments.
City Attorney Department is over the year‐to‐date budget by $5k or 0.5%. This is mainly due to over spending on
contracted services and publications and under spending in salaries/benefits and supplies.
Administrative Services Department (Finance and City Clerk) is over the year‐to‐date budget by $100k or 6%. This is due to
the spending patterns of the 1st and 2nd Quarter of 2012 compared to 2010 and 2011. The year‐to‐date budget should even
out later in the year. We will continue to monitor these items to determine if a budget adjustment is needed.
Human Resources and Risk Management Department (HR only) is over the year‐to‐date budget by $1k or 0.2%. This is due
to over spending salaries/benefits and under spending on supplies/small tools and professional services.
Fire and Emergency Services Department is over the year‐to‐date budget by $262k or 1.8%. This is mainly due to over
spending on overtime ($80k), supplies ($99k), and intergovernmental ($40k). We will continue to monitor these items to
determine if a budget adjustment is needed.
Page 9 of 36
Monthly Financial Report July 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 ‐ ‐ ‐ ‐ 25,765 21,850 ‐
Grants / intergovernmental 331,152 5,278 107,838 71,869 1,762 524,727 ‐
Charges for services 71,476 1,104,086 8,796,158 7,667,099 4,901,725 4,650,766 7,924,740
Interdepartmental services ‐ ‐ 4,265 175,027 150,625 329,602 ‐
Fines and penalties ‐ ‐ ‐ ‐ ‐ ‐ ‐
Rents, leases, and misc fees 1,336,646 198,158 42,965 74,762 ‐ ‐ ‐
Interest and other misc 5,298 2,621 12,098 177,412 629,673 243,349 2,684
TOTAL REVENUES 1,744,572 1,310,143 8,963,323 8,166,169 5,709,550 5,770,294 7,927,424
EXPENSES:
Utility billing ‐ ‐ 63,448 60,740 45,088 68,103 ‐
Utility systems ‐ ‐ 8,050,166 1,660,823 1,489,434 1,305,241 ‐
Utility maintenance ‐ ‐ 169,154 2,725,779 801,094 1,059,618 7,484,340
Transportation 774,782 ‐ ‐ ‐ ‐ ‐ ‐
Golf ‐ 1,046,739 ‐ ‐ ‐ ‐ ‐
TOTAL EXPENSES 774,782 1,046,739 8,282,768 4,447,342 2,335,616 2,432,962 7,484,340
AMOUNT AVAILABLE FOR DEBT SERVICE 969,790 263,404 680,555 3,718,827 3,373,934 3,337,332 443,084
DEBT SERVICE:
Principal ‐ ‐ ‐ 1,093,925 741,076 144,290 ‐
Interest and other debt service costs ‐ ‐ ‐ 426,107 217,039 181,948 ‐
TOTAL DEBT SERVICE ‐ ‐ ‐ 1,520,032 958,115 326,238 ‐
CAPITAL PROJECTS 481,255 26,279 ‐ 646,946 876,893 1,516,272 ‐
TRANSFERS IN/(OUT)(5,356) ‐ ‐ ‐ (10,094) ‐ ‐
CHANGE IN FUND BALANCE 483,179 237,125 680,555 1,551,849 1,528,832 1,494,822 443,084
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, July 31, 2012 2,567,889 852,613 2,415,289 9,194,355 2,738,188 5,705,421 1,520,889
Page 10 of 36
Monthly Financial Report July 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 ‐ 53,144 ‐ ‐ ‐ ‐ ‐
Grants / intergovernmental ‐ 26,299 1,915 ‐ ‐ ‐ 43,637
Charges for services
Equipment rental m&o 1,263,804 1,234,646 ‐ ‐ ‐ ‐ ‐
Telecommunications ‐ 108,732 ‐ ‐ ‐ ‐ ‐
Print and mail ‐ 62,230 ‐ 231,668 ‐ ‐ ‐
Communications ‐ ‐ ‐ 345,029 ‐ ‐ ‐
Facilities ‐ ‐ 2,434,540 ‐ ‐ ‐ ‐
Data cards and cell phones ‐ 87,581 ‐ ‐ ‐ ‐ ‐
IT service contracts ‐ 184,392 ‐ ‐ ‐ ‐ ‐
Geographical information systems ‐ 114,822 ‐ ‐ ‐ ‐ ‐
Interest and other misc 10,027 4,673 1,103 387 13,901 16,542 12,792
Internal service fund misc:
Vehicle / equipment capital recovery 559,722 549,954 ‐ ‐ ‐ ‐ ‐
Insurance premiums ‐ ‐ ‐ ‐ 912,429 ‐ ‐
Worker's compensation / unemployment ‐ ‐ ‐ ‐ 808,820 ‐ ‐
Benefit premiums ‐ ‐ ‐ ‐ ‐ 6,417,512 1,287,989
Other misc 916 126 3,975 126 199 406,717 ‐
Capital contributions ‐ ‐ ‐ ‐ ‐ ‐ ‐
Disposal of capital assets ‐ ‐ ‐ ‐ ‐ ‐ ‐
Insurance recoveries ‐ ‐ ‐ ‐ 49,985 8,942 131
TOTAL REVENUES 1,834,469 2,426,599 2,441,533 577,210 1,785,334 6,849,713 1,344,549
EXPENSES:
Communications 269,058
Equipment rental 1,433,719
Facilities 2,017,127
Healthcare 6,433,965
Information technology 1,835,464
Print and mail 224,139
Retiree healthcare 748,950
Risk management
Risk management 984,546
Unemployment 100,494
Worker's compensation 601,469
TOTAL EXPENSES 1,433,719 1,835,464 2,017,127 493,197 1,686,509 6,433,965 748,950
AMOUNT AVAILABLE FOR CAPITAL 400,750 591,135 424,406 84,013 98,825 415,748 595,599
CAPITAL PROJECTS 951,623 530,701 68,103 ‐ ‐ ‐ ‐
TRANSFERS IN 15,450 ‐ 37,782 ‐ ‐ ‐ ‐
TRANSFERS (OUT)‐ ‐ ‐ ‐ ‐ ‐ ‐
CHANGE IN FUND BALANCE (535,423) 60,434 394,085 84,013 98,825 415,748 595,599
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, July 31, 2012 4,238,953 2,242,177 694,323 225,133 6,719,262 7,549,744 6,074,998
Page 11 of 36
Monthly Financial Report July 2012
FUND BALANCE
Page 13 shows the ending fund balance as of July 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 July, the City has $13.3 million reported in the combined general governmental fund balance of the current
year’s operating budget, which is approximately 13% of budgeted operating expenditures. This is an increase of $2.2
million from the year’s beginning balance. July’s ending fund balance is over the anticipated General Governmental Fund
Balance of $11.1 million by $2.2 million or 19.9%. Although the ending fund balance is above projections, it is consistent
with the prior years’ trends since the City receipted the first half of 2012 property taxes in April/May and will receipt the
second half in October/November.
CONTACT INFORMATION
This report is prepared by the Finance Division of the Administrative Services Department. For additional financial
information, please also review our website: http://www.rentonwa.gov/. For any questions about the report, please feel
free to contact us at hnguyen@rentonwa.gov or JDThomas@Rentonwa.gov.
Page 12 of 36
Monthly Financial Report July 2012
City of Renton
All Funds ‐ Revenue, Expenditures and Fund Balances
Cash Basis through July 31, 2012
Funds
Balance
01/01/2012
Budgeted
Revenue
Revenue
07/31/12
Total Funds
Available
Budgeted
Expenditure
Expenditure
07/31/12
Ending
Balance
GENERAL GOVERNMENT FUNDS:11,057,551 101,953,223 57,787,119 68,844,670 102,353,876 55,549,735 13,294,935
000 General 6,934,747 74,313,431 42,435,264 49,370,011 75,353,069 42,523,015 6,846,996
001 Community Services 1,413,050 11,302,259 6,411,840 7,824,890 11,126,074 5,777,385 2,047,505
003 Street 1,264,341 8,953,479 4,945,366 6,209,707 8,492,917 4,729,798 1,479,909
004 Community Dev Block Grant 8,339 305,961 120,003 128,342 303,281 177,905 (49,563)
005 Museum 52,620 216,220 216,520 269,140 213,533 126,037 143,103
006 Library 48,603 230,000 230,040 278,643 230,000 266,106 12,537
009 Farmers Market 87,437 75,500 47,723 135,160 78,629 41,474 93,686
010 Fire Memorial 1,953 ‐ (1,952) 1 ‐ ‐ 1
011 Fire Health & Wellness 36,858 25,000 14,857 51,715 25,000 2,395 49,320
031 Pa rk Memorial 177,758 ‐ 392 178,150 ‐ ‐ 178,150
201 Ltd GO Bonds Gen Govt Debt 591,257 1,982,075 1,184,889 1,776,146 1,982,075 149,359 1,626,787
215 Gen Govt Misc Debt Service 440,588 4,549,298 2,182,178 2,622,766 4,549,298 1,756,261 866,505
SPECIAL REVENUE FUNDS:
102 Arterial Street 158,974 600,000 340,281 499,255 600,000 350,000 149,255
108 Leased City Properties 488,500 844,049 341,385 829,885 749,232 332,195 497,690
110 Hotel Motel 243,556 265,000 178,609 422,165 442,050 326,574 95,591
118 Reserve for Paths & Trails 3,314 ‐ 7 3,321 ‐ ‐ 3,321
125 1% For Art 121,686 32,813 264 121,950 50,000 13,736 108,214
127 Cable Communication 185,968 85,000 78,912 264,880 235,674 10,182 254,698
135 Springbrook Wetlands Bank 663,556 ‐ 1,463 665,019 ‐ ‐ 665,019
DEBT SERVICE FUNDS:
219 1989 Unlimited GO Bonds ‐ ‐ ‐ ‐ ‐ ‐ ‐
CAPITAL PROJECT FUNDS (CIP):
303 Community Dev Mitigation 1,475,050 60,000 11,936 1,486,986 400,000 ‐ 1,486,986
304 Fire Mitigation 1,492,674 100,000 13,217 1,505,891 536,926 ‐ 1,505,891
305 Transportation Mitigation 657,187 100,000 24,554 681,741 450,000 450,000 231,741
316 Municipal Facilities CIP 3,745,546 2,928,009 936,436 4,681,982 6,337,982 1,134,375 3,547,607
317 Transportation CIP 3,422,219 26,755,575 9,010,518 12,432,737 30,135,972 9,109,476 3,323,261
318 So Lake WA Infrastructure Proj 52,792 ‐ 116 52,908 52,024 441 52,467
326 Housing Opportunity 130,546 ‐ 2,905 133,451 125,000 50,000 83,451
336 New Library Development 19,196,447 ‐ 39,366 19,235,813 19,196,447 432,436 18,803,377
ENTERPRISE FUNDS:
402 Airport 494,718 1,299,150 878,044 1,372,762 1,307,780 780,138 592,624
403 Solid Waste Utility 1,734,734 15,021,811 8,963,324 10,698,058 15,014,481 8,282,768 2,415,290
404 Golf Course 379,997 2,483,545 1,309,588 1,689,585 2,492,204 1,096,739 592,846
422 Airport Capital 1,589,992 4,149,219 866,528 2,456,520 5,639,211 481,255 1,975,265
424 Golf Course Capital 235,491 50,000 50,555 286,046 145,000 26,279 259,767
INTERNAL SERVICE FUNDS:
501 Equipment Repair/Replacement 4,774,376 3,190,893 1,849,920 6,624,296 3,979,127 2,385,343 4,238,953
502 I nsurance 6,620,437 3,187,593 1,785,334 8,405,771 3,134,079 1,686,509 6,719,262
503 Information Services 2,181,743 4,126,173 2,426,599 4,608,342 5,959,686 2,366,164 2,242,178
504 Facilities 300,238 4,334,952 2,479,315 2,779,553 4,389,399 2,085,230 694,323
505 Communications 141,120 974,307 577,210 718,330 991,015 493,197 225,133
512 Insurance, Healthcare 7,133,996 12,014,224 6,849,714 13,983,710 11,996,739 6,433,965 7,549,745
522 Insurance, Leoff1 Retirees HC 5,479,399 2,235,684 1,344,550 6,823,949 2,262,573 748,950 6,074,999
FIDUCIARY FUNDS:
611 Firemen's Pension 4,377,696 300,000 123,717 4,501,413 550,475 139,904 4,361,509
Funds
Balance
01/01/2012
Budgeted
Revenue
Revenue
07/31/12
Total Funds
Available
Budgeted
Expenditure
Expenditure
07/31/12
Ending
Balance
ENTERPRISE FUNDS: COMBINED UTILITIES 14,140,266 49,406,145 27,573,437 41,713,703 52,104,452 22,554,849 19,158,854
405 Water Utility 3,993,415 11,106,460 6,715,213 10,708,628 10,689,883 5,967,374 4,741,254
406 Waste Water Utility 685,178 5,888,574 3,582,839 4,268,017 5,130,805 3,303,824 964,193
407 Surface Water Utility 1,625,915 5,637,563 3,655,609 5,281,524 5,479,377 2,759,200 2,522,324
416 King County Metro 1,077,805 13,209,387 7,927,424 9,005,229 13,209,387 7,484,340 1,520,889
425 Water Utility Construction 3,633,246 5,369,215 1,450,920 5,084,166 7,085,000 646,946 4,437,220
426 Waste Water Construction 524,178 3,310,000 2,126,711 2,650,889 3,710,000 876,893 1,773,996
427 Surface Water Construction 2,584,684 4,884,946 2,114,686 4,699,370 6,800,000 1,516,272 3,183,098
461 Waterworks Bond Reserve ‐ ‐ ‐ ‐ ‐ ‐ ‐
471 Waterworks Rate Stabilization 15,845 ‐ 35 15,880 ‐ ‐ 15,880
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
2012 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 46,051,336 38,877,391 7,173,945 18,231,496
June 51,288,412 47,714,859 3,573,553 14,631,104
July 57,787,119 55,549,735 2,237,384 13,294,935
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 ‐ 2012 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 29,859,544 32,180,045 7.77%
May 45,353,538 46,051,336 1.54%
Jun 50,349,298 51,288,412 1.87%
Jul 56,152,355 57,787,119 2.91%
Aug 61,319,332
Sep 67,535,048
Oct 80,970,165
Nov 95,818,085
Dec 101,953,223
Percent of budget 56.68%
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 17,258,526 0.73%
Jun 17,231,849 17,301,729 0.41%
Jul 17,337,932 17,748,446 2.37%
Aug 17,422,058
Sep 17,843,166
Oct 24,750,333
Nov 32,724,934
Dec 32,896,746
Percent of budget 53.95%
$‐
$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 ‐ 2012 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 8,425,848 0.49%
Jun 9,969,656 10,083,315 1.14%
Jul 11,554,021 11,766,784 1.84%
Aug 13,258,722
Sep 14,907,971
Oct 16,615,185
Nov 18,322,808
Dec 19,965,647
Percent of budget 58.94%
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 7,198,580 ‐0.93%
Jun 8,522,519 8,307,168 ‐2.53%
Jul 9,762,636 9,648,107 ‐1.17%
Aug 10,979,816
Sep 12,205,670
Oct 13,458,742
Nov 14,740,056
Dec 16,155,203
Percent of budget 59.72%
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 ‐ 2012 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 1,050,245 18.91%
Jun 1,025,529 1,249,175 21.81%
Jul 1,257,216 1,547,600 23.10%
Aug 1,551,253
Sep 1,768,424
Oct 2,019,748
Nov 2,211,675
Dec 2,403,331
Percent of budget 64.39%
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 5,070,068 5,142,362 1.43%
Jun 5,676,671 5,924,916 4.37%
Jul 6,433,449 6,681,592 3.86%
Aug 7,005,695
Sep 7,463,652
Oct 8,826,586
Nov 11,245,072
Dec 12,235,154
Percent of budget 54.61%
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 ‐ 2012 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 2,493,978 ‐5.68%
Jun 3,207,813 3,078,647 ‐4.03%
Jul 3,864,078 3,747,920 ‐3.01%
Aug 4,567,070
Sep 5,140,570
Oct 5,652,987
Nov 6,159,124
Dec 6,691,060
Percent of budget 56.01%
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 1,254,303 ‐2.79%
Jun 1,551,967 1,572,394 1.32%
Jul 1,801,437 1,846,637 2.51%
Aug 1,991,172
Sep 2,177,018
Oct 2,562,900
Nov 2,862,140
Dec 3,214,156
Percent of budget 57.45%
$‐
$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 ‐ 2012 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 1,766,475 1,919,894 8.69%
May 2,266,200 2,445,811 7.93%
Jun 2,634,402 2,895,320 9.90%
Jul 3,493,772 3,811,124 9.08%
Aug 3,795,997
Sep 4,080,306
Oct 5,015,737
Nov 5,416,642
Dec 6,050,976
Percent of budget 62.98%
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 396,848 637,771 60.71%
Jun 510,515 731,604 43.31%
Jul 629,398 843,920 34.08%
Aug 729,072
Sep 805,324
Oct 867,135
Nov 934,797
Dec 1,099,199
Percent of budget 76.78%
$‐
$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 ‐ 2012 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 18,328 143,912 685.20%
Jun 18,378 144,143 684.32%
Jul 18,415 144,991 687.35%
Aug 18,477
Sep 1,142,946
Oct 1,200,811
Nov 1,200,836
Dec 1,241,752
Percent of budget 11.68%
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 655,898 943,666 43.87%
Jun 879,012 1,290,845 46.85%
Jul 993,789 1,468,685 47.79%
Aug 1,149,532
Sep 1,350,432
Oct 1,535,639
Nov 1,863,587
Dec 2,025,000
Percent of budget 72.53%
$‐
$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 ‐ 2012 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 39,048,870 38,877,391 ‐0.44%
Jun 48,321,979 47,714,859 ‐1.26%
Jul 56,124,367 55,549,735 ‐1.02%
Aug 67,850,124
Sep 76,521,326
Oct 84,769,735
Nov 93,132,969
Dec 102,353,876
Percent of budget expended 54.27%
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 118,463 115,568 ‐2.44%
Jun 142,332 138,621 ‐2.61%
Jul 166,209 161,791 ‐2.66%
Aug 189,913
Sep 213,507
Oct 235,771
Nov 259,647
Dec 284,087
Percent of budget expended 56.95%
$‐
$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 ‐ 2012 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 597,036 545,056 ‐8.71%
Jun 714,061 660,020 ‐7.57%
Jul 838,503 775,729 ‐7.49%
Aug 949,052
Sep 1,083,306
Oct 1,204,110
Nov 1,318,583
Dec 1,468,694
Percent of budget expended 52.82%
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 27,252 ‐11.19%
Jun 36,506 30,050 ‐17.68%
Jul 42,088 33,646 ‐20.06%
Aug 47,349
Sep 53,136
Oct 58,229
Nov 65,292
Dec 71,025
Percent of budget expended 47.37%
$‐
$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 ‐ 2012 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 698,477 700,106 0.23%
Jun 838,962 844,781 0.69%
Jul 978,014 982,591 0.47%
Aug 1,116,943
Sep 1,255,965
Oct 1,386,265
Nov 1,523,461
Dec 1,668,686
Percent of budget expended 58.88%
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 871,345 860,008 ‐1.30%
Jun 1,069,741 1,045,629 ‐2.25%
Jul 1,252,611 1,225,120 ‐2.19%
Aug 1,433,492
Sep 1,617,436
Oct 1,784,453
Nov 1,963,784
Dec 2,155,819
Percent of budget expended 56.83%
$‐
$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 ‐ 2012 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 398,469 399,357 0.22%
Jun 478,179 476,538 ‐0.34%
Jul 557,987 553,718 ‐0.77%
Aug 637,894
Sep 717,523
Oct 794,989
Nov 873,950
Dec 952,912
Percent of budget expended 58.11%
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 1,208,953 ‐18.08%
Jun 1,747,643 1,465,542 ‐16.14%
Jul 2,032,811 1,725,325 ‐15.13%
Aug 2,290,533
Sep 2,593,698
Oct 2,863,779
Nov 3,141,884
Dec 3,434,929
Percent of budget expended 50.23%
$‐
$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 ‐ 2012 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 304,084 255,933 ‐15.83%
Jun 366,115 306,119 ‐16.39%
Jul 430,836 352,657 ‐18.15%
Aug 487,814
Sep 561,518
Oct 620,200
Nov 686,272
Dec 753,765
Percent of budget expended 46.79%
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 568,088 616,222 8.47%
Jun 719,930 738,072 2.52%
Jul 836,707 858,754 2.63%
Aug 990,965
Sep 1,160,034
Oct 1,277,610
Nov 1,377,062
Dec 1,516,719
Percent of budget expended 56.62%
$‐
$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 ‐ 2012 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 766,386 813,293 6.12%
Jun 922,974 995,643 7.87%
Jul 1,070,091 1,172,818 9.60%
Aug 1,235,336
Sep 1,414,702
Oct 1,554,314
Nov 1,696,851
Dec 2,161,836
Percent of budget expended 54.25%
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 485,052 283,861 ‐41.48%
Jun 548,623 343,072 ‐37.47%
Jul 613,605 611,198 ‐0.39%
Aug 677,277
Sep 742,449
Oct 863,525
Nov 930,561
Dec 1,002,105
Percent of budget expended 60.99%
$‐
$0.20
$0.40
$0.60
$0.80
Budget
Actual
Last Year
Page 26 of 36
City of Renton
Monthly Expenditure Analysis ‐ 2012 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 377,353 372,608 ‐1.26%
Jun 458,275 459,361 0.24%
Jul 539,353 540,433 0.20%
Aug 617,162
Sep 695,139
Oct 771,451
Nov 853,247
Dec 946,956
Percent of budget expended 57.07%
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 11,609,004 11,693,746 0.73%
Jun 14,358,981 14,209,937 ‐1.04%
Jul 16,547,749 16,456,908 ‐0.55%
Aug 20,406,918
Sep 22,942,085
Oct 25,357,122
Nov 27,888,227
Dec 30,555,217
Percent of budget expended 53.86%
$‐
$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 ‐ 2012 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 10,741,041 4.19%
Jun 12,235,348 12,628,919 3.22%
Jul 14,209,782 14,471,622 1.84%
Aug 16,254,213
Sep 18,244,725
Oct 20,112,582
Nov 22,108,827
Dec 24,099,606
Percent of budget expended 60.05%
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 173,424 180,559 4.11%
Jun 208,186 215,856 3.68%
Jul 243,168 250,982 3.21%
Aug 278,693
Sep 315,161
Oct 349,074
Nov 384,584
Dec 421,043
Percent of budget expended 59.61%
$‐
$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 ‐ 2012 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 1,489,760 ‐0.54%
Jun 1,853,057 1,823,313 ‐1.61%
Jul 2,222,702 2,170,674 ‐2.34%
Aug 2,589,857
Sep 2,973,223
Oct 3,348,621
Nov 3,709,562
Dec 4,045,762
Percent of budget expended 53.65%
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 243,305 223,491 ‐8.14%
Jun 302,748 275,550 ‐8.98%
Jul 372,183 319,721 ‐14.10%
Aug 433,495
Sep 494,583
Oct 561,935
Nov 625,369
Dec 685,122
Percent of budget expended 46.67%
$‐
$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 ‐ 2012 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 1,750,284 ‐4.86%
Jun 2,245,447 2,133,041 ‐5.01%
Jul 2,856,921 2,707,614 ‐5.23%
Aug 3,525,903
Sep 4,078,172
Oct 4,458,478
Nov 4,852,563
Dec 5,276,859
Percent of budget expended 51.31%
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 474,159 478,640 0.95%
Jun 539,264 546,207 1.29%
Jul 716,044 682,779 ‐4.65%
Aug 792,431
Sep 859,537
Oct 1,005,515
Nov 1,095,976
Dec 1,277,487
Percent of budget expended 53.45%
$‐
$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 ‐ 2012 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 230,302 209,582 ‐9.00%
Jun 293,808 258,915 ‐11.88%
Jul 363,607 328,394 ‐9.68%
Aug 429,239
Sep 484,127
Oct 529,989
Nov 583,317
Dec 697,288
Percent of budget expended 47.10%
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 61,106 61,106 0.00%
Jun 263,606 263,606 0.00%
Jul 266,106 266,106 0.00%
Aug 153,333
Sep 172,500
Oct 191,667
Nov 210,833
Dec 230,000
Percent of budget expended 115.70%
$‐
$0.50
$1.00
$1.50
$2.00
$2.50
Budget
Actual
Last Year
Page 31 of 36
City of Renton
Monthly Expenditure Analysis ‐ 2012 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 90,015 2.21%
Jun 106,029 108,238 2.08%
Jul 124,048 126,037 1.60%
Aug 141,990
Sep 160,056
Oct 177,858
Nov 195,702
Dec 213,533
Percent of budget expended 59.02%
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 193,891 197,642 1.93%
Jun 232,725 236,629 1.68%
Jul 271,807 275,725 1.44%
Aug 311,339
Sep 350,878
Oct 388,230
Nov 426,925
Dec 465,889
Percent of budget expended 59.18%
$‐
$0.20
$0.40
$0.60
Budget
Actual
Last Year
Page 32 of 36
City of Renton
Monthly Expenditure Analysis ‐ 2012 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 1,525,151 0.64%
Jun 1,821,797 1,857,066 1.94%
Jul 2,128,792 2,168,603 1.87%
Aug 2,447,569
Sep 2,764,011
Oct 3,088,569
Nov 3,403,987
Dec 3,728,945
Percent of budget expended 58.16%
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 1,806,575 ‐4.43%
Jun 2,314,346 2,150,841 ‐7.06%
Jul 2,673,048 2,561,195 ‐4.18%
Aug 3,094,333
Sep 3,467,142
Oct 3,889,049
Nov 4,270,515
Dec 4,763,972
Percent of budget expended 53.76%
$‐
$1
$2
$3
$4
$5
$6
Budget
Actual
Last Year
Page 33 of 36
City of Renton
Monthly Expenditure Analysis ‐ 2012 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 856,385 856,385 0.00%
Jun 1,905,620 1,905,620 0.00%
Jul 1,905,620 1,905,620 0.00%
Aug 4,354,249
Sep 4,898,530
Oct 5,442,811
Nov 5,987,092
Dec 6,531,373
Percent of budget expended 29.18%
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 1,375,197 1,375,197 0.00%
Jun 1,597,673 1,597,673 0.00%
Jul 1,863,974 1,863,974 0.00%
Aug 1,962,832
Sep 2,208,186
Oct 2,453,540
Nov 2,698,894
Dec 2,944,248
Percent of budget expended 63.31%
$‐
$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 ‐ 2012 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 25,621,490 19,760,057
Jun 31,272,421 30,561,965 25,608,749
Jul 36,738,457 36,536,725 30,837,617
Aug 41,485,486
Sep 47,210,495
Oct 52,849,867
Nov 58,237,289
Dec 67,118,933
Percent of budget expended 37.21%
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 1,114,820 823,315
Jun 2,896,131 1,360,778 1,122,991
Jul 3,375,334 1,744,572 1,261,393
Aug 4,206,194
Sep 4,852,959
Oct 5,709,245
Nov 6,373,308
Dec 6,946,991
Percent of budget expended 18.16%
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 ‐ 2012 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 528,038 751,725 774,905
Jun 661,811 1,025,729 960,462
Jul 758,375 1,360,143 1,123,018
Aug 865,936
Sep 957,161
Oct 1,041,874
Nov 1,206,844
Dec 2,637,204
Percent of budget expended 42.58%
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