Loading...
HomeMy WebLinkAbout201102, February.pdfFINANCE AND INFORMATION TECHNOLOGY M E M O R A N D U M DATE: March 24, 2011 TO: Terri Briere, Council President Members of the Renton City Council CC: Denis Law, Mayor Administrators FROM: Hai Nguyen, Sr. Finance Analyst SUBJECT: February 2011 Financial Status Report At the end of February, general governmental revenues show $279k or 2.6% over budget. This includes $344k of favorable property and $259k sales tax collections but otherwise almost all other revenue categories are under performing. The largest deficit is from building permits and development services’ fees by $281k. On the expenditures’ side, most departments conserved their spending and showed favorable variances. Overall general governmental funds are showing a $904k or 5.4% savings. A number of divisions may appear to exceed their budget at the end of February, most are due to timing of various payments and expenditures that are fine at the combined department level. The Recreation division of Community Services Department has a prior year utility bill correction ($28k for 2009 natural gas at the Henry Moses Aquatic Center) paid in January. We will monitor their budget to determine if a budget adjustment is necessary later in the year. It is important to note that it is still early and the result is not a good gauge for the performance of the year. We will have a much better sense about the year after the first quarter. 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 $% Beginning Fund Balance 11,816,561$       11,816,561$       11,955,285$       11,955,285$       11,407,119$       11,407,119$       11,407,119$        ‐$                   0.0% OPERATING REVENUES Property Tax 30,660,522          312,932                  31,497,128          489,513                  32,046,525          498,052                  841,695                  343,643          69.0% Sales Tax 17,995,836          3,321,502             17,198,220          3,017,952             17,759,600          3,063,324             3,321,928             258,603          8.4% Sales Tax ‐ Annexation  Credit 2,132,110             392,007                  2,025,660             358,740                  2,119,680             375,391                  361,762                  (13,629)             ‐3.6% Criminal Justice Sa les  Tax 1,650,350             311,656                  1,620,479             295,109                  1,804,005             328,531                  306,150                  (22,381)             ‐6.8% Natural  Gas  Use Tax 242,891                  56,975                     228,514                  48,940                     258,750                  55,415                     51,913                     (3,502)                ‐6.3% Admission  Tax 260,269                  57,167                     291,399                  75,236                     280,000                  72,293                     70,881                     (1,412)                ‐2.0% Franchise Fees 1,039,031             259,992                  1,222,444             320,478                  1,260,000             330,324                  305,646                  (24,678)            ‐7.5% Electricity Tax 4,963,151             1,029,605             5,036,907             960,877                  4,968,000             947,732                  961,417                  13,685             1.4% Natural Ga s  Utility Tax 1,891,255             595,888                  1,577,756             426,892                  1,656,000             448,062                  472,200                  24,137             5.4% Transfer  Station 283,985                  46,908                     269,912                  27,925                     238,050                  24,629                     42,655                     18,026             73.2% TV Cable 1,263,743             207,139                  1,296,744             218,605                  1,366,200             230,313                  196,580                  (33,734)             ‐14.6% Telephone 1,037,873             172,701                  1,038,009             181,636                  1,000,000             174,985                  168,190                  (6,795)                ‐3.9% Cellular Phone 2,027,473             318,635                  2,206,637             323,057                  2,202,000             322,378                  359,479                  37,100             11.5% City Utilities 2,871,599             471,659                  2,853,884             449,931                  3,477,600             548,263                  558,864                  10,601             1.9% Leasehold Excise  Tax 146,002                  27,996                     138,830                  35,999                     145,000                  37,599                     34,846                     (2,753)                ‐7.3% Gambling Excise  Tax 2,141,720             398,744                  1,546,386             273,344                  1,600,000             282,821                  254,230                  (28,591)             ‐10.1% Real Estate Excise  Tax 2,418,456             300,624                  2,464,489             178,545                  2,240,000             162,366                  261,588                  99,222             61.1% Less: Municipal  Facilities  CIP REET (1,000,000)            (174,406)                (400,000)                (29,757)                   (400,000)                (29,757)                   (46,712)                   (16,955)            57.0% EMS Levy 1,170,657              ‐                              1,161,114              ‐                              950,921                   ‐                               ‐                               ‐                      0.0% Business License Fees 424,413                  112,016                  431,782                  111,395                  463,067                  119,466                  107,262                  (12,204)             ‐10.2% Other Licenses and Permits 176,851                  27,803                     262,629                  36,750                     210,255                  29,421                     27,241                     (2,180)                ‐7.4% Building Permits & Development Svc Fees 2,361,037             339,522                  2,437,270             487,202                  2,706,044             555,505                  274,292                  (281,212)          ‐50.6% Intergovernmental (Grants, State  Shared R 3,820,932             486,203                  4,426,676             709,057                  3,244,263             580,526                  636,857                  56,332             9.7% Fire  District 25 and 40 Contracts 5,869,198              ‐                              5,252,877             19,525                     5,928,462             136,635                  136,635                   ‐                      0.0% Public Safety 521,484                  79,853                     482,343                  65,965                     426,081                  58,271                     59,726                     1,456                2.5% Culture  and Recreation 1,631,486             138,397                  1,424,932             127,588                  1,628,486             145,815                  144,430                  (1,384)                ‐0.9% Interfund/Interdept‐Services 3,225,745             496,643                  3,190,908             516,332                  3,314,653             536,356                  473,624                  (62,732)             ‐11.7% Fines and Forfeits 1,349,034             184,743                  1,291,817             97,940                     1,088,750             77,865                     100,833                  22,968             29.5% Photo Enforcement 2,368,131             358,029                  1,925,159             322,846                  1,900,908             318,779                  329,628                  10,849             3.4% Seizure Funds  ‐ Federal/State/Local 99,844                     23,204                     221,046                  46,627                     180,693                  38,115                      ‐                              (38,115)             ‐100.0% Interests and Other  Earnings 535,314                  94,222                     327,558                  46,329                     477,730                  67,569                     22,280                     (45,289)             ‐67.0% Rents, Leases, and Concessions 677,960                  175,950                  727,338                  186,375                  698,929                  179,095                  160,887                  (18,209)             ‐10.2% Contributions  and Donations 150,406                  27,177                     133,756                  6,455                        100,000                  4,826                        30,480                     25,654             531.6% Other Miscellaneous 355,086                  66,503                     290,239                  38,515                     352,218                  49,255                     21,946                     (27,308)             ‐55.4% Refunding Debt and Premiums ‐                               ‐                              6,613,484              ‐                               ‐                               ‐                               ‐                               ‐                      0.0% Other Financing Sources (Transfer‐In, etc) 578,206                  96                               653,595                  105                            529,056                  808                            808                             ‐                      0.0% Total  Operating Revenues 97,342,052          10,718,082          103,367,918       10,472,029          98,221,926          10,771,029          11,050,241          279,213          2.6% OPERATING EXPENDITURES Legislative 247,225                  40,339                     259,345                  43,671                     277,834                  46,076                     44,576                     1,500                3.3% Executive 1,499,747             218,383                  1,578,526             272,736                  1,454,762             232,098                  229,987                  2,111                0.9% City Clerk 646,581                  95,898                     789,209                  92,936                     790,484                  103,964                  98,230                     5,734                5.5% Hearing Examiner 171,911                  29,101                     174,447                  29,129                     171,929                  28,905                     21,908                     6,997                24.2% City Attorney 1,248,380             163,483                  1,565,597             266,526                  1,600,531             244,580                  264,464                  (19,884)            ‐8.1% Court Services 1,819,731             300,245                  2,007,599             328,318                  2,104,953             345,697                  326,156                  19,541             5.7% Community and Eco  Dvlpmnt Admin 265,269                  46,111                     579,396                  97,354                     929,263                  157,835                  155,007                  2,827                1.8% Development Services 3,615,129             630,788                  2,946,413             528,639                  3,081,560             544,513                  474,633                  69,880             12.8% Economic Development 1,244,175             202,776                  1,322,004             215,064                  687,775                  111,988                  123,830                  (11,842)             ‐10.6% Planning 1,525,460             210,568                  1,774,508             256,434                  1,459,446             206,537                  258,972                  (52,436)             ‐25.4% Finance 1,969,936             393,890                  2,214,458             286,770                  1,909,797             310,659                  315,453                  (4,794)                ‐1.5% Human Resources 853,063                  131,405                  861,221                  141,160                  948,554                  150,817                  155,437                  (4,620)                ‐3.1% Police 25,833,756          4,391,561             27,485,421          4,238,853             30,651,495          4,961,350             4,383,450             577,899          11.6% Fire 20,378,891          4,252,214             21,554,792          4,239,777             22,045,916          4,464,519             4,132,293             332,226          7.4% Community Services Admin1 4,459,381             756,836                  1,063,011             175,538                  412,476                  69,640                     67,558                     2,083                3.0% Parks 3,894,745             482,807                  3,421,424             475,369                  3,921,721             513,616                  527,048                  (13,432)            ‐2.6% Parks Planning & Natural Resources ‐                              ‐                              448,574                  47,118                     582,186                  97,031                     69,260                     27,771             28.6% Recreation 4,374,668             500,520                  4,433,420             580,776                  5,147,357             631,899                  702,382                  (70,483)             ‐11.2% Human Services 1,194,142             120,078                  1,326,778             113,264                  1,256,071             116,265                  118,956                  (2,691)                ‐2.3% Neighborhoods, Resources, & Events 348,185                  41,503                     331,222                  42,593                     678,584                  83,994                     73,402                     10,592             12.6% Library 2,321,878             305,850                  2,289,692             229,125                  2,030,000             5,119                        5,119                        ‐                      0.0% Museum 140,801                  23,758                     191,090                  31,141                     208,407                  34,473                     34,638                     (164)                    ‐0.5% Public Works  Administration 1 942,026                  151,856                  514,858                  86,114                     454,179                  74,186                     74,538                     (352)                    ‐0.5% Street Maintenance 3,794,716             617,379                  3,412,892             542,804                  3,693,925             594,598                  597,149                  (2,551)                ‐0.4% Transportation 5,110,639             790,599                  5,215,309             822,448                  4,599,219             718,458                  689,957                  28,500             4.0% Debt Service 4,176,822             ‐                              11,320,584          126,390                  4,715,035             254,918                  254,918                  ‐                      0.0% Non‐Departmental and Other 5,126,072             731,767                  4,834,296             701,408                  3,120,946             1,557,092             1,557,092             ‐                      0.0% Total  Operating Expenditures 97,203,328          15,629,716          103,916,084       15,011,456          98,934,407          16,660,826          15,756,416          904,410          5.4% Total  Ending Fund Balance 11,955,285$       6,904,927$          11,407,119$       7,415,858$          10,694,638$       5,517,322$          6,700,944$          1,183,623      21.5% 1Facilities was included in Community Services  Admin  and Technical  Services  was included in Public Works Admin in 2009 Summary of Sources and Uses Annual Actual YTD Actual Favorable (Unfavorable) 2009 2010 2011 Variance Annual Actual YTD Actual Annual Budget YTD Budget YTD Actual   Monthly Financial Report February 2011 Page 1 of 36 Monthly Financial Report February 2011      OVERVIEW  This financial overview reflects the City’s overall financial position for the fiscal year through February 28, 2011.  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  February’s collection is $336k,  making the total year‐to‐date  collection $841k or 3% of the total  budget.  $129k of January’s  collection is actually collected by  King County but wasn’t yet  distributed to the City at the end  of 2010.  Excluding this amount  and the 1% change, the City is  $223k or 46% ahead of prior year  and $214k or 43% over the  budget.                Sales Tax  February 2011 sales tax receipts  totaled $2.0 million.  Compared to  the same month last year, it is $254k  or 15% more.  Compared to the  projected current month’s budget, it  is above projections by $288k or  17%.  The year‐to‐date collection is  $3.3 million or 19% of the sales tax  budget, which is $304k or 10% more  than the prior year and also $259k or  8% higher than the budget.  Based  on the year‐to‐date collection, the  City projected sales tax revenues to  be $18 million by the end of 2011.    2010 2011 2011 Actual Budget Actual $ % $ % Jan 218,705$         222,520$         505,501$         286,797$      131% 282,981$      127% Feb 270,809            275,532            336,193            65,385            24% 60,661            22% Mar 547,632            557,184             Apr 6,660,829        6,777,012         May 8,736,691        8,889,083         Jun 114,982            116,988             Jul 87,952               89,486                Aug 149,160            151,761             Sep 491,642            500,217             Oct 7,060,074        7,183,221         Nov 7,288,083        7,029,490         Dec (129,429)           254,031             YTD Total 489,513$         498,052$         841,695$         352,181$      72% 343,643$      69% Annual Total 31,497,128$  32,046,525$   Property Tax Revenues Year to Date through February 2011 vs. 2010 2011 vs. Budget Month 2010 2011 2011 Actual Budget Actual $ % $ % Jan 1,289,364$     1,368,563$     1,339,658$     50,295$      4% (28,905)$          ‐2% Feb 1,728,588        1,694,761        1,982,269        253,682      15% 287,508           17% Mar 1,289,589        1,287,665         ‐                         Apr 1,461,123        1,310,854        ‐                         May 1,499,335        1,507,510        ‐                         Jun 1,382,049        1,417,926        ‐                         Jul 1,309,429        1,473,254        ‐                         Aug 1,470,881        1,609,937        ‐                         Sep 1,408,876        1,477,231        ‐                         Oct 1,447,338        1,529,414        ‐                         Nov 1,508,617        1,569,580        ‐                         Dec 1,403,032        1,512,904        ‐                         YTD  Total 3,017,952$     3,063,324$     3,321,928$     303,976$   10% 258,603$        8% Annual Total 17,198,220$  17,759,600$   2011 vs. Budget2011 vs. 2010 Month Year to Date through February Local Retail Sales  Tax Revenues Page 2 of 36 Monthly Financial Report February 2011      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 2010 2011 Bgt YTD Act Change 2011/2010 2011 Act  vs  Bgt New Construction 319,258$         290,039$         273,159$         (46,099)$         ‐14%$         (16,880)‐6% Auto  Sales 495,355            522,980            537,537            42,182             9%              14,557 3% General Retail 1,145,209        1,182,389        1,154,748        9,539                1%            (27,641)‐2% Manufacturing 165,250            156,652            371,387            206,137          125%           214,735 137% Wholesale 170,441            188,642            196,181            25,740             15%                 7,539 4% Service 640,763            615,592            699,570            58,807             9%              83,978 14% Other 81,675               107,031            89,346               7,670                9%            (17,685)‐17% Total 3,017,952$     3,063,324$     3,321,928$     303,976          10%258,603$        8% Note: Excludes Annexation Credit and Criminal Justice Sales  Tax revenue.      Utility tax  February utility tax revenues are $1.4  million, which is $203k or 16% higher  than the same month last year and also  ahead of the budget by $146k or 11%.   The year‐to‐date collection is $2.8  million, which is $173k or 7% higher  than the prior year and is also $60k or  2% higher than the budget.  Based on  collections so far the City is projecting  utility taxes to meet the 2011 budget at  the end of the year.    The table below breaks out Utility Tax  by source:          Utility Tax by Type 2010 2011 Bgt YTD  Act Change  2011/2010  2011 Act  vs  Bgt  Electrical 960,877$         947,732$         961,417$         540$                 0%$           13,685 1% Natural Gas 475,832            503,478            524,113            48,281             10%              20,635 4% Cell 323,057            322,378            359,479            36,421             11%              37,100 12% Phone 181,636            174,985            168,190            (13,446)            ‐7%               (6,795)‐4% Cable 218,605            230,313            196,580            (22,025)            ‐10%            (33,734)‐15% Transfer Station 27,925               24,629               42,655               14,730             53%              18,026 73% City Utilities 449,931            548,263            558,864            108,933          24%              10,601 2% YTD  Total 2,637,863$     2,751,779$     2,811,298$     173,435$       7%59,519$           2% Annual  Total 14,508,363$  15,166,600$   YTD  as % of 18% 18%      2010 2011 2011 Actual Budget Actual $ % $ % Jan 1,392,232$     1,449,257$      1,363,023$     (29,209)$      ‐2% (86,234)$    ‐6% Feb 1,245,631        1,302,522         1,448,275        202,644      16% 145,753     11% Mar 1,295,732        1,346,959          Apr 1,260,110        1,321,643          May 1,231,700        1,281,842          Jun 1,165,188        1,221,180          Jul 1,140,413        1,193,031          Aug 1,131,693        1,190,578          Sep 1,082,231        1,136,760          Oct 1,138,457        1,193,046          Nov 1,112,608        1,157,583          Dec 1,312,366        1,372,199          YTD  Total 2,637,863$     2,751,779$      2,811,298$     173,435$   7% 59,519$     2% Annual Total 14,508,363$  15,166,600$    2011 vs. Budget2011 vs . 2010 Year  to Date through February Utility Tax Revenues Month Page 3 of 36 Monthly Financial Report February 2011      Other Taxes     Real Estate Excise Tax  The City collected $100k in Real Estate  Excise Tax revenues (REET) in February.   This is $2k or 2% above current month’s  budget and $8k or 7% behind the same  month last year.  The year‐to‐date  collection is $262k or 12% of the total  budget, which is $83k or 47% more than  the prior year and is also $99k or 61%  above the budget.  Based on the  collections so far, the City is projecting  REET to meet the 2011 budget by year‐ end.            Gambling Tax  February’s Gambling Tax  collections total $136k.  Year‐to‐ date total of $254k is $19k or 7%  below the year before and is also  $29k or 10% below budget.      The lower tax collection is due to  cross‐the‐board reduction in  gambling activities.  Pull tabs  overall reduced by 2% bingo  reduced by 49%, and card‐rooms  are seeing 11% lower in activities  when compared to the prior year.              Franchise Fees  Franchise Fees are due quarterly  and the year‐to‐date revenue  collections are $306k.  This is $25k  or 7% below the projected year‐ to‐date budget and $15k or 5%  lower than 2010.        2010 2011 2011 Actual Budget Actual $ % $ % Jan 71,303$         64,842$         161,911$      90,608$      127% 97,069$      150% Feb 107,242         97,524            99,677            (7,565)            ‐7% 2,153            2% Mar 309,164         281,121          Apr 281,746         256,194          May 216,814         197,233          Jun 191,741         174,436          Jul 149,706         136,195          Aug 209,369         190,471          Sep 123,054         111,936          Oct 183,333         176,560          Nov 203,091         184,761          Dec 417,925         368,726          YTD Total 178,545$      162,366$      261,588$      83,043$      47% 99,222$      61% Annual Total 2,464,489$  2,240,000$   Month 2011 vs. Budget2011 vs . 2010 Real Estate Excise  Tax Revenues Year to Date through February 2010 2011 2011 Actual Budget Actual $ % $ % Jan 135,608$      140,310$      118,304$      (17,304)$      ‐13% (22,005)$      ‐16% Feb 137,736         142,512         135,926         (1,811)            ‐1% (6,586)            ‐5% Mar 63,054            65,240             ‐                      Apr 196,085         202,883         ‐                      May 133,979         138,624         ‐                      Jun 142,790         147,741         ‐                      Jul 125,614         129,969         ‐                      Aug 138,563         143,368         ‐                      Sep 105,323         108,974         ‐                      Oct 126,396         130,779         ‐                      Nov 121,757         125,978         ‐                      Dec 119,481         123,624         ‐                      YTD  Total 273,344$      282,821$      254,230$      (19,114)$     ‐7% (28,591)$     ‐10% Annual Total 1,546,386$  1,600,000$   Gambling Tax Revenue Month Year to Date through February 2011 vs. 2010 2011 vs. Budget 2010 2011 2011 Actual Budget Actual $ % $ % Jan 320,478$      330,324$      305,646$      (14,833)$     ‐5% (24,678)$     ‐7% Apr 274,268         282,694         ‐                      Jul 286,523         295,326         ‐                      Aug 6,691               6,896               ‐                      Oct 289,316         298,204         ‐                      Dec 45,169            46,556            ‐                      YTD  Total 320,478$      330,324$      305,646$      (14,833)$     ‐5% (24,678)$     ‐7% Annual Total 1,222,444$  1,260,000$   Franchise  Fees Revenue Year to Date through February Month 2011 vs. 2010 2011 vs. Budget Page 4 of 36 Monthly Financial Report February 2011      Admission Tax   Admission Tax returns are due  quarterly in January, April, July,  and October each year.  January  2011 collections represent  activities conducted during the 4th  quarter of 2010.      The report shows a decrease of  $4k or 6% from the year before  and also a $1k or 2% less than  anticipated.       Building Permits and Development Service Fees  Building Permits and Development  Service Fee revenues totaled $142k in  February.  The revenue swing between  the high in January 2010 and the low in  February 2010 is primarily attributable  to the rush of getting permits completed  prior to the new school impact fees  taking effect.  The year‐to‐date  development fees revenue of $274k is  $281k or 51% less than the budget and is  also $213k or 44% lower than 2010.                  Business Licenses totaled $23k for February,  which is $10k or 31% below the same month last  year and is also $13k or 35% below the current  month’s budget.  The year‐to‐date Business  Licenses revenue is under the budget by $12k or  10% and is also $4k or 4% below last year.      2010 2011 2011 Actual Budget Actual $ % $ % Jan 74,777$         71,852$         70,405$         (4,372)$         ‐6% (1,447)$         ‐2% Feb 459                    441                    477                    18                    4% 35                    8% Apr 66,119            63,533             ‐                      Jul 76,024            73,050            ‐                      Aug 485                    466                    ‐                      Oct 73,073            70,215            ‐                      Nov 462                    444                    ‐                      YTD Total 75,236$         72,293$         70,881$         (4,355)$        ‐6% (1,412)$        ‐2% Annual Total 291,399$      280,000$       Admission Tax Revenue Year to Date through February Month 2011 vs. 2010 2011 vs. Budget 2010 2011 2011 Actual Budget Actual $ % $ % Jan 77,955$     83,603$     84,109$     6,154$   8% 506$           1% Feb 33,440        35,863        23,153        (10,287)   ‐31% (12,710)      ‐35% Mar 5,687           6,099           ‐                  Apr 77,964        83,612        ‐                  May 21,558        23,120        ‐                  Jun 4,709           5,051           ‐                  Jul 83,201        89,230        ‐                  Aug 14,782        15,853        ‐                  Sep 4,475           4,799           ‐                  Oct 83,639        89,699        ‐                  Nov 22,288        23,903        ‐                  Dec 2,084           2,235           ‐                  YTD  Total 111,395$  119,466$  107,262$  (4,133)$   ‐4% (12,204)$   ‐10% Annual Total 431,782$  463,067$   2011 vs. 2010 Year  to Date through February 2011 vs. Budget Business Licenses Month 2010 2011 2011 Actual Budget Actual $ % $ % Jan 394,165$      454,717$      132,621$      (261,545)$   ‐66% (322,096)$   ‐71% Feb 93,037            100,788         141,672         48,634         52% 40,884         41% Mar 172,096         188,567          Apr 180,514         207,481          May 221,843         238,569          Jun 210,810         240,300          Jul 319,462         336,067          Aug 167,001         194,145          Sep 158,882         183,653          Oct 223,901         232,210          Nov 125,748         143,854          Dec 169,811         185,693          YTD Total 487,202$      555,505$      274,292$      (212,910)$   ‐44% (281,212)$   ‐51% Annual Total 2,437,270$  2,706,044$   Building Permits and Development Se rvice  Fees Year  to Date through February 2011 vs. Budget2011 vs. 2010 Month Page 5 of 36 Monthly Financial Report February 2011      Intergovernmental  These revenue sources  include federal (direct  and indirect) grants,  state grants, state  shared revenues, local  grants, and  entitlements. State  shared revenues and  Fire Districts’ 25 and 40  contracts compose 66%  of the total revenues in this category.   The year‐to‐date total Intergovernmental revenue is $1 million or 9% of the budget.   All grant revenues also have corresponding expenditures which will be added to the City’s budget through the 2011 carry  forward budget adjustment.    State Shared Revenue  collections totaled $579k  since the start of 2011.   Compared to the projected  budget, State Shared  Revenues are above by $34k  or 6%.  Compared to the  prior year, the City is  collecting $48k more.  The  actual collection that lags  budget is primarily due to the  reduced criminal justice sales  tax (King County countywide  sales tax decrease).  The City  is projecting State Shared Revenues to meet the 2011 budget by the end of the year.      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 79% of the total revenue in this category.  The year‐to‐date total charges for services are $786k or 12% of the  budget.  This is 11% below budget projections.  The following sections provide detail information for Public Safety,  Recreation, and Interfund Services.    Public Safety Services  Public Safety Services totaled $60k since the  start of the year.  These services include  private security, adult probation services,  and housing/monitoring of prisoners.   Compared to the budget, the City is  collecting $1k or 2% more than anticipated  revenue.   Compared to the prior year, the  City is collecting $6k or 9% less.  The City is  projecting Public Safety Service revenues to  meet the 2011 projected budget by year‐ end.       2010 2011 2011 Actual Budget Actual $ % $ % Jan 35,994$     31,795$         18,824$      (17,169)$    ‐48% (12,971)$    ‐41% Feb 29,971        26,475            40,902         10,931        36% 14,427        54% Mar 34,786        30,728             ‐                   Apr 47,687        42,125             ‐                   May 36,393        32,148             ‐                   Jun 27,093        23,933             ‐                   Jul 57,010        50,360             ‐                   Aug 34,206        30,217             ‐                   Sep 42,316        37,380             ‐                   Oct 39,487        34,881            ‐                   Nov 24,065        21,258            ‐                   Dec 73,334        64,780            ‐                   YTD  Total 65,965$     58,271$         59,726$      (6,239)$       ‐9% 1,456$        2% Annual Total 482,343$  426,081$       Month 2011 vs. 2010 Year  to Date through February Public Safety Services 2011 vs. Budget Intergovernmental 2010 2011 Bgt YTD  Act Change 2011/2010 2011 Act  vs  Bgt  Fire  District #25 ‐$                           135,462$         135,462$         135,462$       100% $                          ‐ 0% Fire  District #40 19,525               1,173                  1,173                  (18,352)            ‐94%‐                      0% State  Shared Revenue 530,428            544,633            578,584            48,156             9% 33,951             6% Federal  Grants 219,341            162,600            162,600            (56,740)            ‐26%‐                      0% State Grants 86,276               38,605               38,605               (47,671)            ‐55%‐                      0% Other Grants 51,218               37,303               37,303               (13,916)            ‐27%‐                      0% ARRA Grants 116,903            125,916            125,916            9,013                8%‐                      0% Total  Rev YTD 1,023,691$     1,045,692$     1,079,643$     55,952$          5%33,951$           3% Total  Rev Annual 11,300,032$  10,976,730$   YTD  %9% 10% 10% Note:  Includes CJ Sales  Tax. 2010 2011 2011 Actual Budget Actual $ % $ % Crim Just Sales  Tax 295,109$           328,531$      306,150$      11,041$     4% (22,381)$      ‐7% Judicial Contribution 11,549                 4,862                ‐                     (11,549)$   0% (4,862)           0% Crim Just ‐ High Crime ‐                          ‐                     47,179            47,179        100% 47,179         100% Crim Just ‐ Pop 4,619                    ‐                     4,821               202               4% 4,821            100% Crim Just ‐ Spec Prog 17,557                 16,524            18,203            646               4% 1,680            10% State  DUI 3,942                    3,744               3,924               (18)                 0% 180                 5% Liquor Profits ‐                          ‐                     ‐                     ‐                 N/A ‐                  N/A Liquor Excise  Tax 103,016              103,051         104,651         1,636           2% 1,601            2% Fuel Tax 94,636                 87,922            93,655            (981)              ‐1% 5,733            7% YTD  Total 530,428$           544,633$      578,584$      48,156$     9% 33,951$      6% Annual Total 4,189,298$      3,874,444$   2011 vs. Budget State  Shared Revenues 2011 vs. 2010 Revenue Year to Date through February Page 6 of 36 Monthly Financial Report February 2011      Recreation  Recreation revenues totaled $82k for the  current month.  Compared to the  projected monthly budget, the City  collected $8k or 11% more.  Compared to  the same month the prior year, the City  collected $18k or 27% more.  The year‐to‐ date collection of $144k is $17k or 13%  more than the prior year but $1k or 1%  less than the budget.  The City is  projecting Recreation revenues to meet  the 2011 budget by year‐end.                Interfund Services  The year‐to‐date collections for Interfund  Services revenues are $474k.  Compared  to the projected budget, the revenues are  below by $63k or 12%.  Compared to the  prior year, the revenues are under by $43k  or 8%.  The majority of these revenues are  related to indirect cost allocations, which  are internal administrative costs.  The  remaining costs consists of Development  Services division’s inspection fees,  Transportation division’s capital  investment program reimbursements, and  Maintenance division’s street  maintenance reimbursements.          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 $427k.  This is $40k or 9%  lower than a year ago and also $7k or  2% under budget.  This difference also  includes $38k lower than budgeted  Seizure Funds received this year.  The  use of Seizure Funds is restricted to  drug enforcement only and not  available for general operating  purposes.  The table on the next page  2010 2011 2011 Actual Budget Actual $ % $ % Jan 62,673$         71,626$         61,933$         (740)$             ‐1% (9,693)$         ‐14% Feb 64,915            74,189            82,497            17,582         27% 8,309            11% Mar 99,100            113,257          ‐                      Apr 152,452         174,230          ‐                      May 83,760            95,725             ‐                      Jun 193,082         220,664         ‐                      Jul 280,956         321,091         ‐                      Aug 181,356         207,263         ‐                      Sep 111,952         127,945         ‐                      Oct 77,544            88,621            ‐                      Nov 51,672            59,054            ‐                      Dec 65,469            74,822            ‐                      YTD  Total 127,588$      145,815$      144,430$      16,842$      13% (1,384)$         ‐1% Annual Total 1,424,932$  1,628,486$   Recreation Year  to Date through February 2011 vs. Budget2011 vs. 2010 Month 2010 2011 2011 Actual Budget Actual $ % $ % Jan 242,658$      252,068$      190,881$      (51,777)$   ‐21% (61,187)$      ‐24% Feb 273,674         284,288         282,743         9,068         3% (1,545)            ‐1% Mar 249,758         259,444          ‐                      Apr 348,019         361,516          ‐                      May 269,154         279,591          ‐                      Jun 275,850         286,548          ‐                      Jul 263,285         273,495         ‐                      Aug 248,584         258,224         ‐                      Sep 238,713         247,970         ‐                      Oct 241,403         250,765         ‐                      Nov 255,986         265,913         ‐                      Dec 283,824         294,831         ‐                      YTD  Total 516,332$      536,356$      473,624$      (42,709)$   ‐8% (62,732)$      ‐12% Annual Total 3,190,908$  3,314,653$   2011 vs. 2010 2011 vs. Budget Month Interfund Services Year  to Date through February 2010 2011 2011 Actual Budget Actual $ % $ % Jan 239,080$      223,938$      165,721$      (73,360)$      ‐31% (58,218)$      ‐26% Feb 228,332         210,821         261,655         33,322         15% 50,833         24% Mar 279,311         259,871          Apr 294,612         273,484          May 276,543         257,620          Jun 373,623         347,746          Jul 256,225         239,290          Aug 319,267         286,019          Sep 231,632         208,702          Oct 267,539         247,930          Nov 314,160         297,164          Dec 352,044         317,767          YTD  Total 467,413$      434,759$      427,375$      (40,037)$      ‐9% (7,384)$         ‐2% Annual Total 3,432,368$  3,170,351$   2011 vs. Budget2011 vs . 2010 Year to Date through February Fines  and Penalties by Month Month Page 7 of 36 Monthly Financial Report February 2011      breaks out Fines and Penalties by type:    Year  to Date through February 2010 2011 2011 Actual Budget Actual $ % $ % Civil Penalties 994$                 918$                 1,578$            584$              59% 660$              72% Civil Infraction Penalties 55,603            50,258            63,022            7,419            13% 12,764         25% Civil Parking Infraction Penalties 14,299            14,716            10,124            (4,175)            ‐29% (4,592)            ‐31% Photo Enforcement Program 322,846         318,779         329,628         6,783            2% 10,849         3% Criminal Traffic  Misdemeanor Fines 8,482               7,758               8,800               318                 4% 1,042            13% Criminal Non‐Traffic  Fines 1,752               1,786               3,416               1,664            95% 1,630            91% Criminal Costs 7,193               754                    10,782            3,589            50% 10,028         1330% Seizure  Funds ‐ Federal/State/Local 46,627            38,115            ‐                     (46,627)        0% (38,115)        0% Non‐Court Fines, Forfeitures  and Penalties 9,616               1,675               25                       (9,591)            ‐100% (1,650)            ‐99% YTD  Total 467,413$      434,759$      427,375$      (40,037)$     ‐9% (7,384)$         ‐2% Annual Total 3,432,368$  3,170,351$   2011 vs. Budget Fines  and Penalties by Type Revenue 2011 vs. 2010       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 $330k.  The associated costs  includes the equipment provided by American  Traffic Solutions Inc (ATS), we are also dedicating 2  FTEs in the Court Division to process the increased  caseload and 1.1 FTEs in the Police Department for  support services.  These staff’s 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 86% of the total revenue in  this category.  The year‐to‐date total  miscellaneous is $213k.  Compared to the  projected year‐to‐date budget, the  revenues are under by $65k or 23%.   Compared to last year, the revenues are  under by $44k or 17%.  The table on the  next page breaks out Miscellaneous  revenues by type:    2010 2011 2011 Actual Budget Actual $ % $ % Jan 170,998$      180,108$      143,105$      (27,892)$     ‐16% (37,003)$      ‐21% Feb 86,124            98,237            70,237            (15,887)        ‐18% (28,000)         ‐29% Mar 115,122         124,873          Apr 99,376            111,876          May 101,909         113,638          Jun 148,339         168,762          Jul 158,134         166,028          Aug 93,081            106,676          Sep 110,810         110,821          Oct 73,018            87,097             Nov 56,175            66,475             Dec 56,503            63,069             YTD  Total 257,122$      278,345$      213,343$      (43,780)$     ‐17% (65,003)$      ‐23% Annual Total 1,269,588$  1,397,659$   Year to Date through Fe bruary Month 2011 vs. Budget2011 vs. 2010 Miscellaneous Revenues by Month Favorable Budget Actual Budget Actual (Unfavorable) 1 Jan 184,922$      165,696$      76,201$        67,883$      97,812$            Feb 133,857         163,932         76,693           67,885         96,048               Mar 170,080          ‐                     76,201            ‐                  ‐                        Apr 160,472         ‐                     53,048           ‐                  ‐                        May 154,236         ‐                     71,882           ‐                  ‐                        Jun 215,118         ‐                     71,871           ‐                  ‐                        Jul 144,584         ‐                     72,275           ‐                  ‐                        Aug 126,504         ‐                     56,688           ‐                  ‐                        Sep 90,979            ‐                     71,527           ‐                  ‐                        Oct 158,357         ‐                     71,420           ‐                  ‐                        Nov 208,633         ‐                     71,884           ‐                  ‐                        Dec 153,166         ‐                     72,273           ‐                  ‐                        YTD  Total 318,779$      329,628$      152,894$     135,768$   193,860$         Annual Total 1,900,908$  841,964$      1 Actuals  of Revenues and Expenses Expenses Photo Enforcement Program Year to Date through February Month Page 8 of 36 Monthly Financial Report February 2011      2010 2011 2011 Actual Budget Actual $ % $ % Interests  and Other Earnings 46,329$         67,569$         22,280$         (24,049)$      ‐52% (45,289)$      ‐67% Rents, Leases, and Concessions 186,375         179,095         160,887         (25,488)         ‐14% (18,209)         ‐10% Contributions/Donations  from  Private Sources 6,455               4,826               30,480            24,025         372% 25,654         532% Other 17,963            26,855            (304)                  (18,267)         ‐102% (27,159)         ‐101% YTD  Total 257,122$      278,345$      213,343$      (43,780)$      ‐17% (65,003)$      ‐23% Annual Total 1,269,588$  1,397,659$   2011 vs. Budget Miscellaneous Revenues by Type Year to Date through February Revenue 2011 vs. 2010       EXPENSES  Overall the City has expended 16% of its budgeted general governmental expenditures at the end of February.  This is  $904k or 5.4% below year‐to‐date budgeted expenditures.  While some of these savings would be realized at the end of the  year, others are due to the timing of the payments.  Below are the explanations for some of the large variances on the  expenditures.    The Economic Development division of Community and Economic Development Department appears to be over budget by  $12k.  This is due to contributing the 2011 Marketing Campaign ($15k) earlier in 2011 than in 2009 (March) and 2010  (February) and earlier payment for the 2011 Public Sector Partnership membership with Enterprise Seattle (2010’s payment  was in April).    The Planning division of Community and Economic Development Department appears to be over budget by $52k.  This is  due to the timing of professional services contract payments made in 2009 and 2010 compared to 2011.  Payments were  made later in the year for 2009 and 2010 and therefore would skew the current 2011 year‐to‐date budget.  The year‐to‐ date budget will correct itself in May and August.    The Recreation division of Community Services Department is over budget by $70k.  This is due to a prior period payment  ($28k for 2009) for natural gas for the Henry Moses Aquatic Center.  We will monitor their budget to determine if a budget  adjustment is necessary to cover the possibility of exceeding budget at year‐end.         Page 9 of 36 Monthly Financial Report February 2011      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 Bond/Rate  Stabilization  Funds REVENUES: Licenses  and permits ‐                 ‐             ‐                   ‐               3,840           3,400         ‐               Grants 4,895              ‐             ‐                   ‐               ‐               667            ‐               Charges  for services 20,042            113,045     2,461,952        1,720,647    2,970,575    991,062     ‐               Interdepartmental services ‐                 ‐             ‐                   33,115         19,009         55,049       ‐               Fines  and penalties ‐                 ‐             ‐                   ‐               ‐               ‐             ‐               Rents, leases, and misc fees 377,054          24,688       11,908             29,578         ‐               ‐             ‐               Interest and other misc 1,093              503            5,690               110,684       84,562         47,292       10                TOTAL REVENUES 403,084          138,236     2,479,550        1,894,024    3,077,986    1,097,470  10                EXPENSES: Utility billing ‐                 ‐             19,066             41,236         13,390         21,103       ‐               Utility systems ‐                 ‐             1,753,044        461,393       394,391       356,359     ‐               Utility maintenance ‐                 ‐             45,071             654,698       2,309,494    255,225     ‐               Transportation 166,746          ‐             ‐                   ‐               ‐               ‐             ‐               Golf ‐                 237,291     ‐                   ‐               ‐               ‐             ‐               TOTAL EXPENSES 166,746          237,291     1,817,181        1,157,327    2,717,275    632,687     ‐               AMOUNT AVAILABLE FOR DEBT SERVICE 236,338          (99,055)      662,369           736,697       360,711       464,783     10                DEBT SERVICE: Principal ‐                 3,969         ‐                   ‐               ‐               ‐             ‐               Interest and other debt service costs ‐                 76              ‐                   ‐               ‐               ‐             ‐               TOTAL DEBT SERVICE ‐                 4,045         ‐                   ‐               ‐               ‐             ‐               CAPITAL PROJECTS 69,571            ‐             ‐                   146,999       370,765       169,590     ‐               TRANSFERS IN/(OUT)‐                 ‐             ‐                   ‐               ‐               ‐             ‐               CHANGE IN FUND BALANCE 166,767          (103,100)    662,369           589,698       (10,054)        295,193     10                BEGINNING FUND BALANCE, January 1, 2011 1,361,349       888,604     961,788           6,759,754    1,353,232    3,273,863  15,773         ENDING FUND BALANCE, February 28, 2011 1,528,116       785,504     1,624,157        7,349,452    1,343,178    3,569,056  15,783           Page 10 of 36 Monthly Financial Report February 2011      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 ‐            5,945          ‐             ‐                      ‐              ‐                ‐             Grants ‐            ‐              145,179      ‐                      ‐              ‐                ‐             Charges  for services Equipment rental  m&o 356,205     345,200      ‐             ‐                      ‐              ‐                ‐             Telecommunications ‐            63,274        ‐             ‐                      ‐              ‐                ‐             Print and mail ‐            17,765        ‐             65,392                 ‐              ‐                ‐             Communications ‐            ‐              ‐             95,921                 ‐              ‐                ‐             Facilities ‐            ‐              686,156      ‐                      ‐              ‐                ‐             Data  cards  and ce ll  phones ‐            25,016         ‐              ‐                       ‐               ‐                ‐             IT service contracts ‐            52,242        ‐             ‐                      ‐              ‐                ‐             Interest and other misc 3,507         1,373          216             56                        3,635           4,061           2,457          Internal service fund misc: Vehicle/equipment capital  recovery 186,441     156,451      ‐             ‐                      ‐              ‐                ‐             Insurance premiums ‐            ‐              ‐             ‐                      259,349       ‐                ‐             Worker's  compensation  / unemployment ‐            ‐              ‐             ‐                      220,088       ‐                ‐             Benefit premiums ‐            ‐              ‐             ‐                      ‐              1,719,383    1,111,002   Other misc 423            1,050          1,673          ‐                      18                108,507       ‐             Capital  contributions 1,884         ‐              ‐             ‐                      ‐              ‐                ‐             Disposal  of capital  assets 74,955       ‐              ‐             ‐                      ‐              ‐                ‐             Insurance recoveries ‐            ‐              ‐             ‐                      9,731           3,177           ‐             TOTAL REVENUES 623,415     668,316      833,224      161,369               492,821       1,835,128    1,113,459   EXPENSES: Communications 87,754                  Equipment rental 301,362      Facilities 669,217       Healthcare 1,462,008     Information technology 461,779       Print and mail 64,692                  Retiree  healthcare 109,584      Risk management Risk management 713,137        Unemployment 26,847          Worker's  compensation 264,505        TOTAL EXPENSES 301,362     461,779      669,217      152,446               1,004,489    1,462,008    109,584      AMOUNT AVAILABLE FOR CAPITAL 322,053     206,537      164,007      8,923                   (511,668)     373,120       1,003,875   CAPITAL PROJECTS 11,135       32,620        32,155        ‐                      ‐              ‐                ‐             TRANSFERS IN ‐            ‐              ‐             ‐                      ‐              ‐                ‐             TRANSFERS (OUT)‐            ‐              ‐             ‐                      ‐              ‐                ‐             CHANGE  IN FUND BALANCE 310,918     173,917      131,852      8,923                   (511,668)     373,120       1,003,875   BEGINNING FUND BALANCE, January 1, 2011 5,293,107  1,949,165   241,046      70,214                 6,690,024    6,201,894    3,371,037   ENDING FUND BALANCE, February 28, 2011 5,604,025  2,123,082   372,898      79,137                 6,178,356    6,575,014    4,374,912   Page 11 of 36 Monthly Financial Report February 2011      FUND BALANCE  Page 13 shows the ending fund balance as of February 2011.  The City’s fund balance is a combination of current  deficit/surplus of funds which have accrued from unexpended operating budgets and unanticipated excess revenues and  from balances accumulated from prior years.      The prior year’s balances (or beginning balance) includes 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 February, the City has $6.7 million reported in combined general governmental fund balance of the current  year’s operating budget, which is approximately 7% of budgeted operating expenditures.  This is a decrease of $4.7 million  from the beginning balance of January 1, 2011.  February’s ending fund balance is over the anticipated General  Governmental Fund Balance of $5.5 million by $1.2 million.  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 2011 property taxes in April and May.  We  expect the fund balance to decrease but be in line with the projected fund balance after May and continue to decrease until  we receive the second half of 2011 property taxes in October and November.    CONTACT INFORMATION  This report is prepared by the Finance Division of the FIT 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 iwang@rentonwa.gov.  Page 12 of 36 Monthly Financial Report February 2011      City  of Renton All Funds ‐ Revenue, Expenditures and Fund Balances Cash  Basis through February 28, 2011 Funds Balance  01/01/2011 Budgeted  Revenue Revenue  02/28/11 Total Funds  Available Budgeted  Expenditure Expenditure  02/28/11 Ending Balance GENERAL GOVERNMENT FUNDS:11,407,119       98,221,926     11,050,240     22,457,359         98,934,406         15,756,417         6,700,942         000 General 9,477,148         71,689,933     8,470,056       17,947,204         72,568,621         12,692,497         5,254,707         001 Community Services 631,801            10,817,691     1,299,762       1,931,563           10,742,324         1,439,650           491,913            003 Street 116,298            8,391,801       806,794          923,092              8,293,144           1,287,106           (364,014)           004 Community Dev Block Grant (55,231)             304,000          117,332          62,101                304,000              40,332                21,769              005 Museum 66,830              195,966          21                   66,851                208,407              34,638                32,213              006 Library 47,347              2,030,000       29                   47,376                2,030,000           5,119                  42,257              009 Farmers  Market 81,630              52,500            950                 82,580                47,875                1,467                  81,113              010 Fire Memorial 1,251                ‐                     620                 1,871                  ‐                          ‐                          1,871                011 Fire Health & Wellness 24,072              25,000            3,887              27,959                25,000                690                     27,269              031 Pa rk  Memorial 176,950             ‐                     109                 177,059               ‐                           ‐                          177,059            201 Ltd  GO Bonds  Gen Govt Debt 312,938            1,983,075       80,694            393,632              1,983,075            ‐                          393,632            215 Gen Govt Misc Debt Service 526,085            2,731,960       269,986          796,071              2,731,960           254,918              541,153            SPECIAL REVENUE FUNDS: 102 Arterial  Street 171,720            620,000          199,192          370,912              620,000              ‐                          370,912            108 Leased  City Properties 759,594            744,933          67,364            826,958              614,457              58,018                768,940            110 Hotel Motel 212,950            245,000          93,576            306,526              245,000              30,186                276,340            118 Reserve for Paths  & Trails 3,299                 ‐                     2                     3,301                   ‐                           ‐                          3,301                125 1% For Art 136,830            15,000            84                   136,914              50,000                 ‐                          136,914            127 Cable  Communication 171,358            85,000            53,922            225,280              85,674                2,012                  223,268            135 Springbrook Wetlands Bank 660,524             ‐                     411                 660,935               ‐                           ‐                          660,935            DEBT SERVICE FUNDS: 219 1989 Unlimited GO Bonds ‐                         ‐                      ‐                      ‐                           ‐                           ‐                           ‐                        CAPITAL PROJECT FUNDS (CIP): 303 Community Dev Mitigation 1,343,877         60,000            6,675              1,350,552           400,000               ‐                          1,350,552         304 Fire Mitigation 1,929,477         100,000          21,214            1,950,691           529,056               ‐                          1,950,691         305 Transportation Mitigation 1,119,954         250,000          46,384            1,166,338           499,494               ‐                          1,166,338         316 Municipal Facilities  CIP 5,759,297         13,310,000     50,698            5,809,995           14,962,000         120,692              5,689,303         317 Transportation CIP 3,808,080         10,657,819     1,245,433       5,053,513           11,647,819         1,153,530           3,899,983         318 So Lake  WA Infrastructure  Proj 58,522              ‐                     36                   58,558                ‐                          ‐                          58,558              326 Housing Opportunity 163,787            ‐                     82                   163,869              ‐                          17,500                146,369            ENTERPRISE FUNDS: 402 Airport 1,295,036         636,214          398,208          1,693,244           1,125,756           166,746              1,526,498         403 Solid Waste Utility 961,788            15,015,942     2,479,549       3,441,337           14,951,710         1,817,181           1,624,156         404 Golf Course 630,924            2,483,545       138,059          768,983              2,504,738           258,005              510,978            422 Airport Capital 66,313              2,803,204       4,876              71,189                2,803,204           69,571                1,618                424 Golf Course  Capital 257,680            100,000          16,848            274,528              100,000               ‐                          274,528            INTERNAL SERVICE FUNDS: 501 Equipment Repair/Replacement 5,293,107         3,211,401       623,415          5,916,522           3,195,267           312,497              5,604,025         502 Insurance 6,690,024         3,178,883       492,821          7,182,845           3,293,564           1,004,489           6,178,356         503 Information Services 1,949,165         4,029,664       668,316          2,617,481           4,513,461           494,399              2,123,082         504 Facilities 241,046            4,243,673       833,224          1,074,270           4,256,261           701,372              372,898            505 Communications 70,214              953,941          161,369          231,583              957,746              152,446              79,137              512 Insurance, Healthcare 6,201,894         11,248,058     1,835,128       8,037,022           10,844,696         1,462,008           6,575,014         522 Insurance, Leoff1 Retirees HC 3,371,037         2,235,684       1,113,459       4,484,496           2,261,732           109,584              4,374,912         FIDUCIARY FUNDS: 611 Firemen's  Pension 4,286,248         300,000          976                 4,287,224           565,475              51,449                4,235,775         Funds Balance  01/01/2011 Budgeted  Revenue Revenue  02/28/11 Total Funds  Available Budgeted  Expenditure Expenditure  02/28/11 Ending Balance ENTERPRISE FUNDS: COMBINED  UTILITIES 11,402,622       44,828,741     6,069,490       17,472,112         44,901,718         5,194,644           12,277,468       405 Water Utility 4,695,116         9,680,689       1,797,564       6,492,680           10,107,179         1,157,327           5,335,353         406 Waste  Water Utility 681,616            4,896,139       1,031,788       1,713,404           4,831,929           612,804              1,100,600         407 Surface  Water Utility 1,462,126         5,155,153       1,050,615       2,512,741           4,865,850           632,687              1,880,054         416 King  County Metro 671,616            13,156,760     1,963,947       2,635,563           13,156,760         2,104,472           531,091            425 Water Utility Construction 2,064,638         4,500,000       96,460            2,161,098           4,500,000           146,999              2,014,099         426 Waste  Water Construction ‐                        3,790,000       82,251            82,251                3,790,000           370,765              (288,514)           427 Surface  Water Construction 1,811,737         3,650,000       46,855            1,858,592           3,650,000           169,590              1,689,002         461 Waterworks  Bond Reserve ‐                        ‐                     ‐                     ‐                          ‐                          ‐                          ‐                        471 Waterworks  Rate  Stabilization 15,773              ‐                     10                   15,783                ‐                          ‐                          15,783              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  11,407,119             January 5,379,006              6,990,159              (1,611,153)             9,795,966               February 11,050,241            15,756,416            (4,706,175)             6,700,944               March April May June July August September October November December 1 000 000 2,000,000  3,000,000  4,000,000  5,000,000  6,000,000  7,000,000  8,000,000  9,000,000  60,000,000  70,000,000  80,000,000  90,000,000  100,000,000  DifferenceRev/Exp Revenues Expenditures Difference (9,000,000) (8,000,000) (7,000,000) (6,000,000) (5,000,000) (4,000,000) (3,000,000) (2,000,000) (1,000,000) ‐ 1,000,000  2,000,000  3,000,000  4,000,000  5,000,000  6,000,000  7,000,000  8,000,000  9,000,000  ‐ 10,000,000  20,000,000  30,000,000  40,000,000  50,000,000  60,000,000  70,000,000  80,000,000  90,000,000  100,000,000  Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec DifferenceRev/Exp Revenues Expenditures Difference Page 14 of 36 City of Renton Monthly Revenue Analysis ‐ 2011 Budget Year General  Government Budget YTD Actual Annual %  over (under) Jan 5,631,529        5,379,006         ‐4.48% Feb 10,771,029      11,050,241      2.59% Mar 15,884,173       Apr 27,942,282       May 42,549,255       Jun 49,800,142       Jul 55,719,872       Aug 61,047,279       Sep 65,931,906       Oct 78,458,589       Nov 92,742,572       Dec 98,221,926       Percent of budget 11.25% Property Tax Budget YTD Actual Annual %  over (under) $‐ $10  $20  $30  $40  $50  $60  $70  $80  $90  $100  $110  Millions Total Revenue General Government Budget Actual Last Year $30  $33  Millions Property Tax Budget Actual py g () Jan 222,520           505,501           127.17% Feb 498,052           841,695           69.00% Mar 1,055,236         Apr 7,832,248         May 16,721,331       Jun 16,838,319       Jul 16,927,805       Aug 17,079,566       Sep 17,579,783       Oct 24,763,004       Nov 31,792,494       Dec 32,046,525       Percent of budget 2.63% $‐ $10  $20  $30  $40  $50  $60  $70  $80  $90  $100  $110  Millions Total Revenue General Government Budget Actual Last Year $‐ $3  $6  $9  $12  $15  $18  $21  $24  $27  $30  $33  Millions Property Tax 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 1,528,973        1,498,057         ‐2.02% Feb 3,438,716        3,683,690        7.12% Mar 4,885,730         Apr 6,370,390         May 8,061,144         Jun 9,648,275         Jul 11,286,739       Aug 13,079,043       Sep 14,729,086       Oct 16,438,028       Nov 18,193,943       Dec 19,879,280       Percent of budget 18.53% Note:  Excludes CJ Sales Tax and Natural Gas Use Tax. Utility Tax Budget YTD Actual Annual %  over (under) $‐ $3  $6  $9  $12  $15  $18  $21  Millions Sales Tax Budget Actual Last Year $14 $16  Millions Utility Tax Budget Actual y g () Jan 1,449,257        1,363,023        ‐5.95% Feb 2,751,779        2,811,298        2.16% Mar 4,098,738         Apr 5,420,381         May 6,702,223         Jun 7,923,403         Jul 9,116,434         Aug 10,307,012       Sep 11,443,772       Oct 12,636,818       Nov 13,794,401       Dec 15,166,600       Percent of budget 18.54% Note:  Includes Natural Gas Use Tax. $‐ $3  $6  $9  $12  $15  $18  $21  Millions Sales Tax Budget Actual Last Year $0  $2  $4  $6  $8  $10  $12  $14  $16  Millions Utility Tax Budget Actual Last Year Page 16 of 36 City of Renton Monthly Revenue Analysis ‐ 2011 Budget Year Licenses/ Permits Budget YTD Actual Annual %  over (under) Jan 469,355           185,889            ‐60.39% Feb 583,113           322,341            ‐44.72% Mar 741,647            Apr 1,010,644         May 1,187,535         Jun 1,393,028         Jul 1,693,253         Aug 1,895,469         Sep 2,064,907         Oct 2,302,673         Nov 2,462,856         Dec 2,612,987         Percent of budget 12.34% Note:  Includes Fund 318. Intergovt'l Budget YTD Actual Annual %  over (under) $11 $12  Millions Intergovernmental Budget Al $‐ $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 g g () Jan 514,868           565,843           9.90% Feb 1,045,692        1,079,643        3.25% Mar 1,490,863         Apr 1,908,775         May 2,805,296         Jun 5,483,358         Jul 5,883,091         Aug 6,542,188         Sep 6,989,111         Oct 7,566,088         Nov 10,712,155       Dec 10,976,730       Percent of budget 9.84% Note:  Includes CJ Sales Tax. $‐ $1  $2  $3  $4  $5  $6  $7  $8  $9  $10  $11  $12  Millions Intergovernmental Budget Actual Last Year $‐ $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 Page 17 of 36 City of Renton Monthly Revenue Analysis ‐ 2011 Budget Year Charges for  Svcs Budget YTD Actual Annual %  over (under) Jan 447,067           323,609            ‐27.62% Feb 884,119           786,123            ‐11.08% Mar 1,363,364         Apr 2,006,320         May 2,526,347         Jun 3,132,602         Jul 3,941,618         Aug 4,487,827         Sep 4,949,440         Oct 5,447,614         Nov 5,842,063         Dec 6,366,817         Percent of budget 12.35% Fines &  Forfeits Budget YTD Actual Annual %  over (under) $‐ $1  $2  $3  $4  $5  $6  $7  Millions Charges for Services Budget Actual Last Year $3.50  Millions Fines & Forfeits Budget g () Jan 223,938           165,721           ‐26.00% Feb 434,759           430,461           ‐0.99% Mar 694,630            Apr 968,114            May 1,225,734         Jun 1,573,479         Jul 1,812,769         Aug 2,098,788         Sep 2,307,490         Oct 2,555,419         Nov 2,852,584         Dec 3,170,351         Percent of budget 13.58% $‐ $1  $2  $3  $4  $5  $6  $7  Millions Charges for Services Budget Actual Last Year $‐ $0.50  $1.00  $1.50  $2.00  $2.50  $3.00  $3.50  Millions Fines & Forfeits Budget Actual Last Year Page 18 of 36 City of Renton Monthly Revenue Analysis ‐ 2011 Budget Year Other Taxes Budget YTD Actual Annual %  over (under) Jan 595,443           628,259           5.51% Feb 855,646           880,840           2.94% Mar 1,150,736         Apr 1,910,301         May 2,209,419         Jun 2,528,644         Jul 3,613,125         Aug 3,958,169         Sep 4,158,271         Oct 4,951,774         Nov 5,228,432         Dec 6,075,921         Percent of budget 14.50% Misc Budget YTD Actual Annual %  over (under)$1.40  Millions Miscellaneous Budget Actual $0  $1  $2  $3  $4  $5  $6  $7  Millions Other Taxes Budget Actual Last Year g () Jan 180,108           143,105           ‐20.54% Feb 278,345           213,343           ‐23.35% Mar 403,218            Apr 515,094            May 628,732            Jun 797,494            Jul 963,522            Aug 1,070,198         Sep 1,181,018         Oct 1,268,115         Nov 1,334,590         Dec 1,397,659         Percent of budget 15.26% $‐ $0.20  $0.40  $0.60  $0.80  $1.00  $1.20  $1.40  Millions Miscellaneous Budget Actual Last Year $0  $1  $2  $3  $4  $5  $6  $7  Millions Other Taxes 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 808                   808                   0.00% Mar 11                      Apr 16                      May 481,494            Jun 481,541            Jul 481,515            Aug 529,019            Sep 529,030            Oct 529,056            Nov 529,056            Dec 529,056            Percent of budget 0.15% REET Budget YTD Actual Annual %  over (under) $2.50 Millions Real Estate Excise Tax Budget $‐ $1.00  $2.00  $3.00  $4.00  $5.00  $6.00  $7.00  $8.00  Millions Other Financing Sources Budget Actual Last Year g () Jan 64,803              161,911           149.85% Feb 162,288           261,588           61.19% Mar 443,274            Apr 699,373            May 896,426            Jun 1,070,698         Jul 1,206,778         Aug 1,397,066         Sep 1,508,909         Oct 1,675,542         Nov 1,860,141         Dec 2,240,000         Percent of budget 11.68% $0.00 $0.50 $1.00 $1.50 $2.00 $2.50 Millions Real Estate Excise Tax Budget Actual Last Year $‐ $1.00  $2.00  $3.00  $4.00  $5.00  $6.00  $7.00  $8.00  Millions Other Financing Sources 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 7,095,623        6,990,159         ‐1.49% Feb 16,660,826      15,756,416       ‐5.43% Mar 24,571,104       Apr 32,500,435       May 40,453,561       Jun 48,725,038       Jul 57,267,425       Aug 65,777,735       Sep 74,125,311       Oct 81,760,223       Nov 90,086,743       Dec 98,934,407       Percent of budget expended 15.93% Legislative Budget YTD Actual Annual %  over (under) $‐ $10  $20  $30  $40  $50  $60  $70  $80  $90  $100  $110  Millions Total Expenditures General Government Budget Actual Last Year $300,000  Legislative Budget Actual g g () Jan 22,689              22,021              ‐2.94% Feb 46,076              44,576              ‐3.26% Mar 69,607               Apr 93,677               May 116,993            Jun 140,280            Jul 163,146            Aug 186,174            Sep 208,887            Oct 230,365            Nov 253,583            Dec 277,834            Percent of budget expended 16.04% $‐ $10  $20  $30  $40  $50  $60  $70  $80  $90  $100  $110  Millions Total Expenditures General Government Budget Actual Last Year $‐ $50,000  $100,000  $150,000  $200,000  $250,000  $300,000  Legislative 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 104,959           112,718           7.39% Feb 232,098           229,987            ‐0.91% Mar 357,476            Apr 482,118            May 603,743            Jun 720,399            Jul 848,259            Aug 965,687            Sep 1,099,926         Oct 1,220,428         Nov 1,335,457         Dec 1,454,762         Percent of budget expended 15.81% City Clerk Budget YTD Actual Annual %  over (under) $‐ $0.30  $0.60  $0.90  $1.20  $1.50  $1.80  Millions Executive Budget Actual Last Year $0.80 Millions City Clerk Budget Actual y g () Jan 51,492              49,604              ‐3.67% Feb 103,964           98,230              ‐5.52% Mar 160,688            Apr 280,719            May 380,999            Jun 435,251            Jul 485,774            Aug 534,200            Sep 583,630            Oct 678,087            Nov 727,878            Dec 790,484            Percent of budget expended 12.43% $‐ $0.30  $0.60  $0.90  $1.20  $1.50  $1.80  Millions Executive Budget Actual Last Year $0.00 $0.20 $0.40 $0.60 $0.80 Millions City Clerk Budget Actual Last Year Page 22 of 36 City of Renton Monthly Expenditure Analysis ‐ 2011 Budget Year Hearing  Examiner Budget YTD Actual Annual %  over (under) Jan 14,528              14,189               ‐2.33% Feb 28,905              21,908               ‐24.21% Mar 43,154               Apr 57,736               May 71,939               Jun 86,324               Jul 100,917            Aug 115,153            Sep 129,406            Oct 143,109            Nov 157,369            Dec 171,929            Percent of budget expended 12.74% City Attorney Budget YTD Actual Annual %  over (under)$1.60  Millions City Attorney Budget Actual $‐ $30,000  $60,000  $90,000  $120,000  $150,000  $180,000  Hearing Examiner Budget Actual Last Year y y g () Jan 103,073           130,446           26.56% Feb 244,580           264,464           8.13% Mar 396,154            Apr 541,694            May 682,825            Jun 823,807            Jul 963,283            Aug 1,105,997         Sep 1,241,400         Oct 1,376,729         Nov 1,510,648         Dec 1,600,531         Percent of budget expended 16.52% $‐ $0.40  $0.80  $1.20  $1.60  Millions City Attorney Budget Actual Last Year $‐ $30,000  $60,000  $90,000  $120,000  $150,000  $180,000  Hearing Examiner Budget Actual Last Year Page 23 of 36 City of Renton Monthly Expenditure Analysis ‐ 2011 Budget Year Court Services Budget YTD Actual Annual %  over (under) Jan 170,319           163,613            ‐3.94% Feb 345,697           326,156            ‐5.65% Mar 528,990            Apr 705,146            May 880,215            Jun 1,060,776         Jul 1,241,163         Aug 1,415,039         Sep 1,592,413         Oct 1,751,351         Nov 1,921,102         Dec 2,104,953         Percent of budget expended 15.49% CED Admin Budget YTD Actual Annual %  over (under) $‐ $0.20  $0.40  $0.60  $0.80  $1.00  $1.20  $1.40  $1.60  $1.80  $2.00  $2.20  Millions Court Services Budget Actual Last Year $1.00  Millions Community & Economic Development Admin Budget g () Jan 74,575              77,455              3.86% Feb 157,835           155,007           ‐1.79% Mar 237,058            Apr 315,978            May 394,187            Jun 472,083            Jul 549,691            Aug 627,009            Sep 704,035            Oct 777,925            Nov 853,594            Dec 929,263            Percent of budget expended 16.68% $‐ $0.20  $0.40  $0.60  $0.80  $1.00  $1.20  $1.40  $1.60  $1.80  $2.00  $2.20  Millions Court Services Budget Actual Last Year $‐ $0.10  $0.20  $0.30  $0.40  $0.50  $0.60  $0.70  $0.80  $0.90  $1.00  Millions Community & Economic Development Admin Budget Actual Last Year Page 24 of 36 City of Renton Monthly Expenditure Analysis ‐ 2011 Budget Year Development  Services Budget YTD Actual Annual %  over (under) Jan 275,635           231,587            ‐15.98% Feb 544,513           474,633            ‐12.83% Mar 804,323            Apr 1,066,338         May 1,326,912         Jun 1,580,943         Jul 1,837,866         Aug 2,080,091         Sep 2,346,623         Oct 2,583,029         Nov 2,828,359         Dec 3,081,560         Percent of budget expended 15.40% Economic  Development Budget YTD Actual Annual %  over (under) $‐ $0.50  $1.00  $1.50  $2.00  $2.50  $3.00  $3.50  Millions Development Services Budget Actual Last Year $1.40  Millions Economic Development Budget p g () Jan 47,924              68,491              42.92% Feb 111,988           123,830           10.57% Mar 167,414            Apr 217,848            May 276,248            Jun 331,768            Jul 396,422            Aug 450,586            Sep 514,229            Oct 567,952            Nov 628,002            Dec 687,775            Percent of budget expended 18.00% $‐ $0.50  $1.00  $1.50  $2.00  $2.50  $3.00  $3.50  Millions Development Services Budget Actual Last Year $‐ $0.20  $0.40  $0.60  $0.80  $1.00  $1.20  $1.40  Millions Economic Development Budget Actual Last Year Page 25 of 36 City of Renton Monthly Expenditure Analysis ‐ 2011 Budget Year Planning Budget YTD Actual Annual %  over (under) Jan 104,636           104,320            ‐0.30% Feb 206,537           258,972           25.39% Mar 315,744            Apr 415,028            May 528,825            Jun 678,629            Jul 789,343            Aug 919,836            Sep 1,081,506         Oct 1,210,045         Nov 1,304,606         Dec 1,459,446         Percent of budget expended 17.74% Finance Budget YTD Actual Annual %  over (under)$2.40  Millions Finance Budget Actual $‐ $0.20  $0.40  $0.60  $0.80  $1.00  $1.20  $1.40  $1.60  $1.80  $2.00  Millions Planning Budget Actual Last Year g () Jan 169,632           155,421           ‐8.38% Feb 310,659           315,453           1.54% Mar 470,373            Apr 612,482            May 786,062            Jun 930,343            Jul 1,079,157         Aug 1,230,554         Sep 1,381,686         Oct 1,483,293         Nov 1,614,896         Dec 1,909,797         Percent of budget expended 16.52% $‐ $0.40  $0.80  $1.20  $1.60  $2.00  $2.40  Millions Finance Budget Actual Last Year $‐ $0.20  $0.40  $0.60  $0.80  $1.00  $1.20  $1.40  $1.60  $1.80  $2.00  Millions Planning 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 76,209              86,565              13.59% Feb 150,817           155,437           3.06% Mar 230,642            Apr 309,479            May 387,407            Jun 468,581            Jul 548,537            Aug 627,943            Sep 707,458            Oct 782,694            Nov 855,853            Dec 948,554            Percent of budget expended 16.39% Police Budget YTD Actual Annual %  over (under) $‐ $0.20  $0.40  $0.60  $0.80  $1.00  Millions Human Resources Budget Actual Last Year $30  $33  Millions Police Budget Actual g () Jan 2,381,559        2,369,174        ‐0.52% Feb 4,961,350        4,383,450        ‐11.65% Mar 7,540,294         Apr 9,955,313         May 12,384,370       Jun 15,069,945       Jul 17,625,828       Aug 20,139,446       Sep 22,813,750       Oct 25,058,648       Nov 27,862,041       Dec 30,651,495       Percent of budget expended 14.30% $‐ $0.20  $0.40  $0.60  $0.80  $1.00  Millions Human Resources Budget Actual Last Year $‐ $3  $6  $9  $12  $15  $18  $21  $24  $27  $30  $33  Millions Police Budget Actual Last Year Page 27 of 36 City of Renton Monthly Expenditure Analysis ‐ 2011 Budget Year Fire & Emerg  Svc Budget YTD Actual Annual %  over (under) Jan 1,894,040        1,754,253         ‐7.38% Feb 4,464,519        4,132,293         ‐7.44% Mar 6,244,191         Apr 7,913,923         May 9,636,531         Jun 11,386,741       Jul 13,170,370       Aug 14,956,836       Sep 16,745,399       Oct 18,390,379       Nov 20,227,278       Dec 22,045,916       Percent of budget expended 18.74% Community  Services  Admin Budget YTD Actual Annual %  over (under) $‐ $3  $6  $9  $12  $15  $18  $21  $24  Millions Fire & Emergency Services Budget Actual Last Year $1,200,000  Community Services Admin Budget Actual g () Jan 24,324              33,774              38.85% Feb 69,640              67,558              ‐2.99% Mar 104,515            Apr 139,398            May 174,108            Jun 208,889            Jul 243,517            Aug 277,183            Sep 311,098            Oct 344,781            Nov 378,368            Dec 412,476            Percent of budget expended 16.38% $‐ $3  $6  $9  $12  $15  $18  $21  $24  Millions Fire & Emergency Services Budget Actual Last Year $‐ $200,000  $400,000  $600,000  $800,000  $1,000,000  $1,200,000  Community Services Admin 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 238,661           261,191           9.44% Feb 513,616           527,048           2.62% Mar 809,016            Apr 1,114,881         May 1,438,367         Jun 1,779,710         Jul 2,140,196         Aug 2,547,353         Sep 2,888,762         Oct 3,234,743         Nov 3,545,443         Dec 3,921,721         Percent of budget expended 13.44% Parks  Planning and  Natural Budget YTD Actual Annual %  over (under) $‐ $1  $1  $2  $2  $3  $3  $4  $4  $5  Millions Parks Budget Actual Last Year $1 $1  Millions Parks Planning and Natural Resources Budget Actual g () Jan 48,516              34,349              ‐29.20% Feb 97,031              69,260              ‐28.62% Mar 145,547            Apr 194,062            May 242,578            Jun 291,093            Jul 339,609            Aug 388,124            Sep 436,640            Oct 485,155            Nov 533,671            Dec 582,186            Percent of budget expended 11.90% $‐ $1  $1  $2  $2  $3  $3  $4  $4  $5  Millions Parks Budget Actual Last Year $‐ $0  $0  $0  $0  $1  $1  $1  Millions Parks Planning and Natural Resources 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 293,715           361,259           23.00% Feb 631,899           702,382           11.15% Mar 999,371            Apr 1,340,764         May 1,706,859         Jun 2,103,392         Jul 2,755,813         Aug 3,467,201         Sep 3,953,053         Oct 4,303,772         Nov 4,755,184         Dec 5,147,357         Percent of budget expended 13.65% Human  Services Budget YTD Actual Annual %  over (under) $1 20 $1.40 Millions Human Services Budget Actual $‐ $1  $2  $3  $4  $5  $6  Millions Recreation Budget Actual Last Year g () Jan 54,631              53,756              ‐1.60% Feb 116,265           118,956           2.31% Mar 182,966            Apr 359,906            May 436,993            Jun 510,247            Jul 698,336            Aug 772,020            Sep 829,771            Oct 976,664            Nov 1,070,370         Dec 1,256,071         Percent of budget expended 9.47% $0.00 $0.20 $0.40 $0.60 $0.80 $1.00 $1.20 $1.40 Millions Human Services Budget Actual Last Year $‐ $1  $2  $3  $4  $5  $6  Millions Recreation Budget Actual Last Year Page 30 of 36 City of Renton Monthly Expenditure Analysis ‐ 2011 Budget Year Neighborhood s, Resources,  and Events Budget YTD Actual Annual %  over (under) Jan 41,199              36,383               ‐11.69% Feb 83,994              73,402               ‐12.61% Mar 126,915            Apr 170,845            May 224,786            Jun 286,440            Jul 371,043            Aug 420,039            Sep 465,985            Oct 503,642            Nov 540,651            Dec 678,584            Percent of budget expended 10.82% Library Fund Budget YTD Actual Annual %  over (under)$2.50  Millions Library Fund Budget Actual $‐ $100,000  $200,000  $300,000  $400,000  $500,000  $600,000  $700,000  $800,000  Neighborhoods, Resources, and Events Budget Actual Last Year y g () Jan 2,619                2,619                0.00% Feb 5,119                5,119                0.00% Mar 507,500            Apr 676,667            May 845,833            Jun 1,015,000         Jul 1,184,167         Aug 1,353,333         Sep 1,522,500         Oct 1,691,667         Nov 1,860,833         Dec 2,030,000         Percent of budget expended 0.25% $‐ $0.50  $1.00  $1.50  $2.00  $2.50  Millions Library Fund Budget Actual Last Year $‐ $100,000  $200,000  $300,000  $400,000  $500,000  $600,000  $700,000  $800,000  Neighborhoods, Resources, and Events 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 16,891              17,146              1.51% Feb 34,473              34,638              0.48% Mar 51,858               Apr 69,554               May 87,464               Jun 105,332            Jul 122,835            Aug 140,126            Sep 157,397            Oct 174,522            Nov 191,345            Dec 208,407            Percent of budget expended 16.62% Public Works  Admin Budget YTD Actual Annual %  over (under)$0.60  Millions Public Works Admin Budget Actual $‐ $30,000  $60,000  $90,000  $120,000  $150,000  $180,000  $210,000  Museum Fund Budget Actual Last Year g () Jan 36,310              37,289              2.70% Feb 74,186              74,538              0.47% Mar 112,901            Apr 154,191            May 191,427            Jun 228,374            Jul 266,290            Aug 306,966            Sep 342,897            Oct 378,232            Nov 415,139            Dec 454,179            Percent of budget expended 16.41% $‐ $0.20  $0.40  $0.60  Millions Public Works Admin Budget Actual Last Year $‐ $30,000  $60,000  $90,000  $120,000  $150,000  $180,000  $210,000  Museum Fund 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 292,781           279,841            ‐4.42% Feb 594,598           597,149           0.43% Mar 892,291            Apr 1,214,569         May 1,516,549         Jun 1,833,551         Jul 2,172,817         Aug 2,501,620         Sep 2,789,645         Oct 3,081,338         Nov 3,362,752         Dec 3,693,925         Percent of budget expended 16.17% Transportatio n Budget YTD Actual Annual %  over (under) $‐ $1  $1  $2  $2  $3  $3  $4  $4  Millions Street Maintenance Budget Actual Last Year $6  Millions Transportation Budget Actual g () Jan 330,574           308,560           ‐6.66% Feb 718,458           689,957           ‐3.97% Mar 1,113,121         Apr 1,486,124         May 1,866,350         Jun 2,259,148         Jul 2,602,059         Aug 3,025,230         Sep 3,400,230         Oct 3,801,691         Nov 4,169,339         Dec 4,599,219         Percent of budget expended 15.00% $‐ $1  $1  $2  $2  $3  $3  $4  $4  Millions Street Maintenance Budget Actual Last Year $‐ $1  $2  $3  $4  $5  $6  Millions Transportation 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 4,600                4,600                0.00% Feb 254,918           254,918           0.00% Mar 1,178,759         Apr 1,571,678         May 1,964,598         Jun 2,357,518         Jul 2,750,437         Aug 3,143,357         Sep 3,536,276         Oct 3,929,196         Nov 4,322,115         Dec 4,715,035         Percent of budget expended 5.41% Non Departmental  Other City Budget YTD Actual Annual %  over (under) $4.50  $5.00  Millions Non‐Departmental Other City Services Budget Actual $‐ $2.00  $4.00  $6.00  $8.00  $10.00  $12.00  Millions Debt Service Budget Actual Last Year y g () Jan 219,534           219,534           0.00% Feb 1,557,092        1,557,092        0.00% Mar 780,237            Apr 1,040,315         May 1,300,394         Jun 1,560,473         Jul 1,820,552         Aug 2,080,631         Sep 2,340,710         Oct 2,600,788         Nov 2,860,867         Dec 3,120,946         Percent of budget expended 49.89% $‐ $0.50  $1.00  $1.50  $2.00  $2.50  $3.00  $3.50  $4.00  $4.50  $5.00  Millions Non‐Departmental Other City Services Budget Actual Last Year $‐ $2.00  $4.00  $6.00  $8.00  $10.00  $12.00  Millions Debt Service Budget Actual Last Year Page 34 of 36 City of Renton Monthly Enterprise Fund Financial Report ‐ 2011 Budget Year Utilities Budget Revenue Expense Jan 2,795,269        3,918,553      2,713,059       Feb 6,417,045        8,323,464      6,324,471       Mar 8,926,751         Apr 13,530,752       May 16,990,102       Jun 22,997,966       Jul 28,276,589       Aug 31,306,634       Sep 34,922,181       Oct 38,547,311       Nov 42,086,676       Dec 47,913,428       Percent of budget expended 13.20% Note:  Operations only, excludes bond proceeds and transfers to capital. Airport Budget Revenue Expense $0 $5 $10 $15 $20 $25 $30 $35 $40 $45 $50 Millions Utilities Budget Revenue Expense $1.20  Millions Airport Budget Revenue p g p Jan 74,953              209,065          71,560             Feb 161,681           398,208          166,746           Mar 250,109            Apr 335,667            May 422,777            Jun 528,351            Jul 623,241            Aug 714,044            Sep 814,991            Oct 896,338            Nov 989,111            Dec 1,125,756         Percent of budget expended 14.81% Note:  Operations only. $0 $5 $10 $15 $20 $25 $30 $35 $40 $45 $50 Millions Utilities Budget Revenue Expense $‐ $0.20  $0.40  $0.60  $0.80  $1.00  $1.20  Millions Airport Budget Revenue Expense Page 35 of 36 City of Renton Monthly Enterprise Fund Financial Report ‐ 2011 Budget Year Golf Course Budget Revenue Expense Jan 126,264           56,081            126,007           Feb 252,083           138,059          258,005           Mar 468,172            Apr 603,406            May 793,857            Jun 1,040,631         Jul 1,203,067         Aug 1,350,547         Sep 1,512,286         Oct 1,812,451         Nov 1,946,516         Dec 2,504,738         Percent of budget expended 10.30% Note:  Operations only. $‐ $0.30  $0.60  $0.90  $1.20  $1.50  $1.80  $2.10  $2.40  $2.70  Millions Golf Course Budget Revenue Expense Page 36 of 36