HomeMy WebLinkAbout201107, July.pdfFINANCE AND
INFORMATION TECHNOLOGY
M E M O R A N D U M
DATE: August 25, 2011
TO: Terri Briere, Council President
Members of the Renton City Council
CC: Denis Law, Mayor
Administrators
FROM: Hai Nguyen, Sr. Finance Analyst
SUBJECT: July 2011 Financial Status Report
At the end of July, general governmental revenues show $99k or 0.2% below budget. On the
position side, we have $294k favorable property tax collection. Sales tax is $71k higher than
budget, which is attributable to one‐time activity that occurred in December 2010 (February
2011 sales tax receipt) and the collection through the state’s sales tax Amnesty Program. Sales
tax activity continues to fluctuate widely from month to month and at this point we anticipate
will meet the budget projection at the end of the year. Additional revenues sources that are
higher than expected are: utility taxes ($229k); state shared revenues ($411k); and public safety
($57k, mainly due to private security by the police department). On the down side, the revenue
sources that are underperforming the year to date budget and likely to continue this trend for
the year are: permit and development fees ($369k below budget at the end of July); REET
($149k below); interfund service charges ($239k below, which includes a correction that was
processed in July); culture and recreation service charges/fees ($184k below); and interest
earnings ($144k below). Therefore, we believe the overall revenue collection will be very close
to budget for the year.
General government expenditures showed favorable variances of $2.7 million or 4.7%. $1.6
million of the saving is related to SCORE jail start up costs. Most of this savings are due to delay
of billing by SCORE. While we still expect to realize part of the savings this year, it would be
substantially less than the $1.6 million. In addition, part of the jail savings was used to cover
the Police department’s pay and benefit budget correction that was approved in the 2nd
Quarter Budget Adjustment. Overall, we anticipate only $500k expenditure savings at the end
of this year.
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 15,953,970 31,497,128 16,637,599 32,046,525 16,927,805 17,221,992 294,187 1.7%
Sales Tax 17,995,836 10,477,006 17,198,220 9,959,476 17,759,600 10,202,030 10,272,884 70,854 0.7%
Sales Tax ‐ Annexation Credit 2,132,110 1,236,994 2,025,660 1,171,816 2,119,680 1,226,205 1,162,559 (63,646) ‐5.2%
Criminal Justice Sales Tax 1,650,350 950,096 1,620,479 924,177 1,804,005 1,028,844 1,038,964 10,119 1.0%
Natural Gas Use Tax 242,891 124,780 228,514 155,964 258,750 176,601 177,560 959 0.5%
Admission Tax 260,269 189,020 291,399 217,379 280,000 208,876 220,894 12,018 5.8%
Franchise Fees 1,039,031 779,233 1,222,444 881,269 1,260,000 908,344 894,644 (13,699) ‐1.5%
Electricity Tax 4,963,151 3,034,909 5,036,907 2,984,864 4,968,000 2,944,029 3,109,033 165,003 5.6%
Natural Ga s Utility Tax 1,891,255 1,438,989 1,577,756 1,077,147 1,656,000 1,130,565 1,339,817 209,252 18.5%
Transfer Station 283,985 134,590 269,912 131,906 238,050 116,335 146,408 30,073 25.9%
TV Cable 1,263,743 727,404 1,296,744 782,859 1,366,200 824,791 785,611 (39,180) ‐4.8%
Telephone 1,037,873 585,115 1,038,009 604,440 1,000,000 582,307 567,883 (14,423) ‐2.5%
Cellular Phone 2,027,473 1,113,852 2,206,637 1,388,254 2,202,000 1,385,337 1,240,214 (145,122) ‐10.5%
City Utilities 2,871,599 1,599,625 2,853,884 1,605,573 3,477,600 1,956,471 1,979,861 23,390 1.2%
Leasehold Excise Tax 146,002 57,477 138,830 65,359 145,000 68,264 82,413 14,150 20.7%
Gambling Excise Tax 2,141,720 1,296,309 1,546,386 934,866 1,600,000 967,278 998,783 31,505 3.3%
Real Estate Excise Tax 2,418,456 1,346,171 2,464,489 1,327,717 2,240,000 1,207,545 1,017,867 (189,678) ‐15.7%
Less: Municipal Facilities CIP REET (1,000,000) (642,223) (400,000) (222,573) (400,000) (222,573) (181,762) 40,811 ‐18.3%
EMS Levy 1,170,657 682,883 1,161,114 580,473 950,921 510,544 510,544 ‐ 0.0%
Business License Fees 424,413 295,525 431,782 304,514 463,067 326,578 303,071 (23,507) ‐7.2%
Other Licenses and Permits 176,851 91,258 262,629 126,421 210,255 101,210 110,871 9,661 9.5%
Building Permits & Development Svc Fees 2,361,037 1,361,501 2,437,270 1,591,927 2,706,044 1,766,489 1,397,361 (369,128) ‐20.9%
Intergovt'l (Grants, State Shared, etc) 3,820,932 2,363,458 4,426,676 2,465,483 4,282,204 1,754,025 2,165,109 411,084 23.4%
Fire District 25 and 40 Contracts 5,869,198 2,338,225 5,252,877 2,507,971 5,928,462 3,113,598 3,113,598 ‐ 0.0%
Public Safety 521,484 331,565 482,343 268,934 426,081 237,565 294,503 56,938 24.0%
Culture and Recreation 1,631,486 1,089,561 1,424,932 936,938 1,628,486 1,070,781 887,268 (183,513) ‐17.1%
Interfund/Interdept‐Services 3,225,745 1,880,391 3,190,908 1,922,398 3,314,653 1,996,949 1,758,019 (238,931) ‐12.0%
Fines and Forfeits 1,349,034 717,751 1,291,817 667,924 1,088,750 566,372 622,204 55,832 9.9%
Photo Enforcement 2,368,131 1,424,667 1,925,159 1,178,110 1,900,908 1,163,269 1,189,991 26,722 2.3%
Seizure Funds ‐ Federal/State/Local 99,844 88,550 221,046 101,693 180,693 83,128 ‐ (83,128) ‐100.0%
Interests and Other Earnings 535,314 354,535 327,558 206,357 477,730 300,963 157,402 (143,561) ‐47.7%
Rents, Leases, and Concessions 677,960 473,429 727,338 519,731 698,929 499,431 476,173 (23,258) ‐4.7%
Contributions and Donations 150,406 692,498 133,756 89,610 146,800 98,349 142,432 44,083 44.8%
Other Miscellaneous 355,086 152,250 290,239 186,785 352,218 231,431 156,188 (75,243) ‐32.5%
Refunding Debt and Premiums ‐ ‐ 6,613,484 6,613,484 ‐ ‐ ‐ ‐ 0.0%
Other Financing Sources (Transfer‐In, etc) 578,206 391 653,595 604 692,123 168,527 168,527 ‐ 0.0%
Total Operating Revenues 97,342,052 54,741,756 103,367,918 60,897,449 99,469,734 55,628,262 55,528,886 (99,376) ‐0.2%
OPERATING EXPENDITURES
Legislative 247,225 145,176 259,345 152,284 276,567 162,401 158,140 4,261 2.6%
Executive 1,499,747 861,218 1,578,526 933,696 1,478,297 861,982 862,086 (104) 0.0%
City Clerk 646,581 422,821 789,209 459,511 786,947 483,600 474,938 8,662 1.8%
Hearing Examiner 171,911 101,577 174,447 101,724 170,717 100,206 37,133 63,072 62.9%
City Attorney 1,248,380 763,989 1,565,597 929,609 1,588,429 955,999 923,755 32,244 3.4%
Court Services 1,819,731 1,088,594 2,007,599 1,168,151 2,134,452 1,258,557 1,209,319 49,238 3.9%
Community and Eco Dvlpmnt Admin 265,269 158,841 579,396 340,807 926,674 548,159 542,926 5,233 1.0%
Development Services 3,615,129 2,179,573 2,946,413 1,733,782 3,137,985 1,871,519 1,673,333 198,186 10.6%
Economic Development 1,244,175 739,134 1,322,004 739,968 749,128 431,784 430,038 1,746 0.4%
Planning 1,525,460 802,336 1,774,508 982,457 1,533,697 829,502 795,138 34,364 4.1%
Finance 1,969,936 1,288,066 2,214,458 1,076,383 2,088,212 1,179,972 1,076,398 103,574 8.8%
Human Resources 853,063 486,144 861,221 505,205 973,851 563,166 491,235 71,931 12.8%
Police 22,515,895 13,022,948 23,946,386 14,036,399 24,508,179 14,273,413 14,540,935 (267,523) ‐1.9%
Jail Services 3,317,861 1,778,195 3,539,035 1,823,103 6,503,114 3,415,489 1,769,837 1,645,652 48.2%
Fire 20,378,891 12,259,836 21,554,792 12,791,611 22,676,137 13,546,868 13,191,127 355,741 2.6%
Community Services Admin 1 4,459,381 2,644,220 1,063,011 615,838 409,872 241,961 238,509 3,453 1.4%
Parks 3,894,745 2,102,831 3,421,424 1,889,813 3,911,658 2,134,704 2,093,871 40,833 1.9%
Parks Planning & Natural Resources ‐ ‐ 448,574 241,477 578,646 337,544 301,757 35,786 10.6%
Recreation 4,374,668 2,324,539 4,433,420 2,391,170 5,177,897 2,772,164 2,702,061 70,103 2.5%
Human Services 1,194,142 653,513 1,326,778 748,040 1,358,385 755,219 694,753 60,467 8.0%
Neighborhoods, Resources, & Events 348,185 185,060 331,222 186,433 685,003 374,553 304,660 69,893 18.7%
Library 2,321,878 1,182,074 2,289,692 1,628,119 2,030,000 1,817,619 1,817,619 ‐ 0.0%
Museum 140,801 84,455 191,090 111,161 207,513 122,308 122,204 103 0.1%
Public Works Admin 1 942,026 552,154 514,858 302,033 450,620 264,203 262,362 1,842 0.7%
Street Maintenance 3,794,716 2,324,503 3,412,892 1,915,110 3,675,414 2,161,928 2,050,768 111,161 5.1%
Transportation 5,110,639 2,930,438 5,215,309 2,911,581 4,582,866 2,592,807 2,544,732 48,075 1.9%
Debt Service 4,176,822 975,344 11,320,584 7,540,445 4,715,035 1,285,140 1,285,140 ‐ 0.0%
Non‐Departmental and Other 5,126,072 2,243,436 4,834,296 2,144,315 3,984,013 3,726,837 3,726,837 ‐ 0.0%
Total Operating Expenditures 97,203,328 54,301,012 103,916,084 60,400,225 101,299,304 59,069,604 56,321,612 2,747,992 4.7%
Total Ending Fund Balance 11,955,285$ 12,257,305$ 11,407,119$ 12,452,510$ 9,577,549$ 7,965,777$ 10,614,393$ 2,648,616 33.2%
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 July 2011
Page 1 of 36
Monthly Financial Report July 2011
OVERVIEW
This financial overview reflects the City’s overall financial position for the fiscal year through July 31, 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 75% of
all resources supporting general governmental activities. The following section provides detail information on property,
sales, utility, and other taxes.
Property Tax
July’s collection is $112k, making
the total year‐to‐date collection
$17.2 million or 54% of the total
budget. In comparison to the
previous year, the City collected
$584k or 4% more. Compared to
the budget, the City is above
projections by $294k or 2%. The
City is projecting property taxes to
meet the 2011 budget at year‐
end. The April/May variance is
due to the timing of collections.
When the two months are
combined, the City is $198k or 1%
behind budget but $70k ahead of
last year.
Sales Tax
July 2011 sales tax receipts totalled
$1.4 million. Compared to the same
month last year, it is $128k or 10%
more. Compared to the projected
current month’s budget, it is above
projections by $18k or 1%. The year‐
to‐date collection is $10.3 million or
58% of the sales tax budget, which is
$313k or 3% more than the prior year
and $71k or 1% higher than the
budget. Based on the year‐to‐date
collection, the City projected sales tax
revenues to be very close to budget
projection at 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 547,632 557,184 745,285 197,653 36% 188,101 34%
Apr 6,660,829 6,777,012 7,618,492 957,664 14% 841,480 12%
May 8,736,691 8,889,083 7,849,481 (887,210) ‐10% (1,039,602) ‐12%
Jun 114,982 116,988 54,963 (60,019) ‐52% (62,025) ‐53%
Jul 87,952 89,486 112,076 24,124 27% 22,590 25%
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 16,637,599$ 16,927,805$ 17,221,992$ 584,393$ 4% 294,187$ 2%
Annual Total 31,497,128$ 32,046,525$
Property Tax Revenues
Year to Date through July
2011 vs. 2010 2011 vs. Budget
Month
2010 2011 2011
Actual Budget Actual $ % $ %
Jan 1,289,364$ 1,408,501$ 1,339,658$ 50,295$ 4% (68,843)$ ‐5%
Feb 1,728,588 1,737,756 1,982,269 253,682 15% 244,513 14%
Mar 1,289,589 1,341,244 1,299,237 9,648 1% (42,007) ‐3%
Apr 1,461,123 1,350,144 1,254,867 (206,257) ‐14% (95,277) ‐7%
May 1,499,335 1,526,532 1,590,780 91,446 6% 64,248 4%
Jun 1,382,049 1,417,495 1,368,213 (13,835) ‐1% (49,282) ‐3%
Jul 1,309,429 1,420,358 1,437,859 128,430 10% 17,501 1%
Aug 1,470,881 1,542,957 ‐
Sep 1,408,876 1,472,089 ‐
Oct 1,447,338 1,539,380 ‐
Nov 1,508,617 1,530,976 ‐
Dec 1,403,032 1,472,168 ‐
YTD Total 9,959,476$ 10,202,030$ 10,272,884$ 313,408$ 3% 70,854$ 1%
Annual Total 17,198,220$ 17,759,600$
2011 vs. Budget2011 vs. 2010
Month
Year to Date through July
Local Retail Sales Tax Revenues
Page 2 of 36
Monthly Financial Report July 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 1,311,091$ 978,803$ 820,744$ (490,347)$ ‐37%$ (158,059)‐16%
Auto Sales 1,735,400 1,952,564 1,859,697 124,297 7% (92,867)‐5%
General Retail 3,480,662 3,642,249 3,559,227 78,565 2% (83,022)‐2%
Manufacturing 443,404 481,779 679,516 236,112 53% 197,737 41%
Wholesale 541,654 624,498 668,243 126,589 23% 43,745 7%
Service 2,134,238 2,208,936 2,260,514 126,277 6% 51,578 2%
Other 313,028 313,201 424,943 111,915 36% 111,742 36%
Total 9,959,476$ 10,202,030$ 10,272,884$ 313,408$ 3%70,854$ 1%
Note: Excludes Annexation Credit and Criminal Justice Sales Tax revenue.
Utility tax
July utility tax revenues are $1.2
million, which is $48k or 4% higher
than the same month last year but
behind the budget by $5k. The year‐to‐
date collection is $9.3 million, which is
$615k or 7% higher than the prior year
and is also $230k or 3% higher than the
budget. Based on collections so far the
City is projecting utility taxes to meet
the 2011 budget at the end of the year.
The table below breaks out Utility Tax by source.
Utility Tax by Type 2010 2011 Bgt YTD Act Change 2011/2010 2011 Act vs Bgt
Electrical 2,984,864$ 2,944,029$ 3,109,033$ 124,169$ 4%$ 165,003 6%
Natural Gas 1,233,111 1,307,166 1,517,377 284,265 23% 210,211 16%
Cell 1,388,254 1,385,337 1,240,214 (148,040) ‐11% (145,122)‐10%
Phone 604,440 582,307 567,883 (36,556) ‐6% (14,423)‐2%
Cable 782,859 824,791 785,611 2,752 0% (39,180)‐5%
Transfer Station 131,906 116,335 146,408 14,503 11% 30,073 26%
City Utilities 1,605,573 1,956,471 1,979,861 374,288 23% 23,390 1%
YTD Total 8,731,006$ 9,116,434$ 9,346,387$ 615,381$ 7%229,953$ 3%
Annual Total 14,508,363$ 15,166,600$
YTD as % of 60% 60%
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 1,480,840 185,108 14% 133,881 10%
Apr 1,260,110 1,321,643 1,370,718 110,608 9% 49,075 4%
May 1,231,700 1,281,842 1,291,530 59,830 5% 9,687 1%
Jun 1,165,188 1,221,180 1,203,475 38,287 3% (17,705) ‐1%
Jul 1,140,413 1,193,031 1,188,526 48,113 4% (4,506) 0%
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 8,731,006$ 9,116,434$ 9,346,387$ 615,381$ 7% 229,953$ 3%
Annual Total 14,508,363$ 15,166,600$
2011 vs. Budget2011 vs. 2010
Year to Date through July
Utility Tax Revenues
Month
Page 3 of 36
Monthly Financial Report July 2011
Other Taxes
Real Estate Excise Tax
The City collected $118k in Real Estate
Excise Tax revenues (REET) in July. This
is $19k or 14% below the current
month’s budget and $32k or 21% behind
the same month last year. The year‐to‐
date collection is $1 million or 45% of
the total budget, which is $310k or 23%
less than the prior year and is also $190k
or 16% below the budget. Based on the
collections so far, the City is projecting
REET to be under the 2011 budget by
year‐end.
Gambling Tax
July’s Gambling Tax collections
total $137k. Year‐to‐date total of
$999k is $64k or 7% above the
year before and is also $32k or 3%
above budget.
Pull tabs overall increased by 1%,
bingo reduced by 44%, and card‐
rooms are seeing 9% higher in
activities when compared to the
prior year.
Franchise Fees
Franchise Fees are due quarterly
and the year‐to‐date revenue
collections are $895k or 71% of
the budget. This is $14k or 2%
below the projected year‐to‐date
budget but $13k or 2% higher
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 309,164 281,121 141,700 (167,464) ‐54% (139,421) ‐50%
Apr 281,746 256,194 110,987 (170,759) ‐61% (145,207) ‐57%
May 216,814 197,233 157,519 (59,295) ‐27% (39,714) ‐20%
Jun 191,741 174,436 228,506 36,765 19% 54,070 31%
Jul 149,706 136,195 117,567 (32,140) ‐21% (18,628) ‐14%
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 1,327,717$ 1,207,545$ 1,017,867$ (309,849)$ ‐23% (189,678)$ ‐16%
Annual Total 2,464,489$ 2,240,000$
Real Estate Excise Tax Revenues
Year to Date through July
Month
2011 vs. Budget2011 vs. 2010
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 63,054 134,061 135,067 72,013 114% 1,006 1%
Apr 196,085 134,062 162,459 (33,626) ‐17% 28,397 21%
May 133,979 138,624 159,013 25,034 19% 20,389 15%
Jun 142,790 147,741 151,240 8,450 6% 3,499 2%
Jul 125,614 129,969 136,775 11,161 9% 6,806 5%
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 934,866$ 967,278$ 998,783$ 63,918$ 7% 31,505$ 3%
Annual Total 1,546,386$ 1,600,000$
Year to Date through July
2011 vs. 2010 2011 vs. Budget
Gambling Tax Revenue
Month
2010 2011 2011
Actual Budget Actual $ % $ %
Jan 320,478$ 330,324$ 305,646$ (14,833)$ ‐5% (24,678)$ ‐7%
Apr 274,268 282,694 294,560 20,293 7% 11,867 4%
Jul 286,523 295,326 294,438 7,915 3% (888) 0%
Aug 6,691 6,896 ‐
Oct 289,316 298,204 ‐
Dec 45,169 46,556 ‐
YTD Total 881,269$ 908,344$ 894,644$ 13,375$ 2% (13,699)$ ‐2%
Annual Total 1,222,444$ 1,260,000$
Month
2011 vs. 2010 2011 vs. Budget
Franchise Fees Revenue
Year to Date through July
Page 4 of 36
Monthly Financial Report July 2011
Admission Tax
Admission Tax returns are due
quarterly in January, April, July,
and October each year. July 2011
collections represent activities
conducted during the 2nd quarter
of 2011.
The report shows an increase of
$4k or 2% from the year before
and also a $12k or 6% more than
anticipated.
Licenses and Permits
Building Permits and Development Service Fees
Building Permits and Development
Service Fee revenues totalled $212k in
July. 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 $1.4
million is $369k or 21% less than the
budget and is also $195k or 12% lower
than 2010.
Business Licenses
Business Licenses totalled $84k for July, which is
$1k or 1% above the same month last year and
but is $5k or 6% below the current month’s
budget. The year‐to‐date Business Licenses
revenue is under the budget by $24k or 7% and
is also $1k 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 63,582 (2,538) ‐4% 49 0%
May ‐ ‐ 407 407 100% 407 100%
Jul 76,024 73,050 86,024 10,000 13% 12,974 18%
Aug 485 466 ‐
Oct 73,073 70,215 ‐
Nov 462 444 ‐
YTD Total 217,379$ 208,876$ 220,894$ 3,515$ 2% 12,018$ 6%
Annual Total 291,399$ 280,000$
Mo nth
2011 vs. 2010 2011 vs. Budget
Admission Tax Revenue
Year to Date through July
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 3,811 (1,875) ‐33% (2,287) ‐38%
Apr 77,964 83,612 83,930 5,966 8% 317 0%
May 21,558 23,120 20,142 (1,417) ‐7% (2,979) ‐13%
Jun 4,709 5,051 3,964 (745) ‐16% (1,086) ‐22%
Jul 83,201 89,230 83,962 761 1% (5,268) ‐6%
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 304,514$ 326,578$ 303,071$ (1,443)$ 0% (23,507)$ ‐7%
Annual Total 431,782$ 463,067$
2011 vs. 2010
Year to Date through July
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 172,096 188,567 265,782 93,686 54% 77,215 41%
Apr 180,514 207,481 190,534 10,020 6% (16,946) ‐8%
May 221,843 238,569 239,018 17,175 8% 448 0%
Jun 210,810 240,300 215,975 5,165 2% (24,325) ‐10%
Jul 319,462 336,067 211,760 (107,701) ‐34% (124,307) ‐37%
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 1,591,927$ 1,766,489$ 1,397,361$ (194,566)$ ‐12% (369,128)$ ‐21%
Annual Total 2,437,270$ 2,706,044$
Building Permits and Development Service Fees
Year to Date through July
2011 vs. Budget2011 vs. 2010
Month
Page 5 of 36
Monthly Financial Report July 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 92%
of the total revenues in this category. The year‐to‐date total Intergovernmental revenue is $6.3 million or 53% of the
budget. All grant revenues also have corresponding expenditures which was added to the City’s budget through the 2011
carry forward and 2nd quarter budget adjustment.
State Shared Revenues
State Shared Revenue
collections totalled $2.7 million
since the start of 2011.
Compared to the projected
budget, State Shared Revenues
are above by $421k or 19%.
Compared to the prior year,
the City is collecting $258k or
11% more. 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 75% of the total revenue in this category. The year‐to‐date total charges for services are $3.5 million or 55% 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 totalled $295k 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 $57k or 24% more than
anticipated revenue. Compared to the
prior year, the City is collecting $26k or 10%
more. 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 30,346 (4,440) ‐13% (382) ‐1%
Apr 47,687 42,125 52,434 4,746 10% 10,309 24%
May 36,393 32,148 35,609 (784) ‐2% 3,461 11%
Jun 27,093 23,933 46,295 19,202 71% 22,362 93%
Jul 57,010 50,360 70,094 13,084 23% 19,733 39%
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 268,934$ 237,565$ 294,503$ 25,569$ 10% 56,938$ 24%
Annual Total 482,343$ 426,081$
Month
2011 vs. 2010
Year to Date through July
Public Safety Services
2011 vs. Budget
Intergovernmental 2010 2011 Bgt YTD Act Change 2011/2010 2011 Act vs Bgt
Fire District #25 558,243$ 674,677$ 674,677$ 116,434$ 21% $ ‐ 0%
Fire District #40 1,949,728 2,438,922 2,438,922 489,194 25%‐ 0%
State Shared Revenue 2,430,541 2,267,778 2,688,982 258,440 11% 421,204 19%
Federal Grants 413,685 165,170 165,170 (248,515) ‐60%‐ 0%
State Grants 168,703 99,710 99,710 (68,993) ‐41%‐ 0%
Other Grants/Intgovt 138,675 113,635 113,635 (25,040) ‐18%‐ 0%
ARRA Grants 238,056 136,576 136,576 (101,480) ‐43%‐ 0%
Total Rev YTD 5,897,632$ 5,896,467$ 6,317,671$ 420,039$ 7%421,204$ 7%
Total Rev Annual 11,300,032$ 12,014,671$
YTD %52% 49% 53%
Note: Includes CJ Sales Tax.
2010 2011 2011
Actual Budget Actual $ % $ %
Crim Just Sales Tax 924,177$ 1,028,844$ 1,038,964$ 114,786$ 12% 10,119$ 1%
Judicial Contribution 17,229 7,253 11,234 (5,995)$ ‐35% 3,981 55%
Crim Just ‐ High Crime 46,763 ‐ 142,459 95,696 205% 142,459 100%
Crim Just ‐ Pop 14,038 ‐ 14,900 862 6% 14,900 100%
Crim Just ‐ Spec Prog 53,236 50,103 56,257 3,020 6% 6,153 12%
State DUI 11,787 11,193 14,591 2,804 24% 3,398 30%
Liquor Profits 351,048 207,613 355,913 4,865 1% 148,300 71%
Liquor Excise Tax 313,158 313,265 327,685 14,527 5% 14,420 5%
Fuel Tax 699,105 649,506 726,979 27,874 4% 77,473 12%
YTD Total 2,430,541$ 2,267,778$ 2,688,982$ 258,440$ 11% 421,204$ 19%
Annual Total 4,189,298$ 3,874,444$
Year to Date through July
State Shared Revenues
2011 vs. 2010
Revenue
2011 vs. Budget
Page 6 of 36
Monthly Financial Report July 2011
Recreation
Recreation revenues totalled $211k for
the current month. Compared to the
projected monthly budget, the City
collected $110k or 34% less. Compared
to the same month the prior year, the
City collected $70k or 25% less. The year‐
to‐date collection of $887k is $50k or 5%
less than the prior year and also $184k or
17% less than the budget. The City is
projecting Recreation revenues to be
slighting under the 2011 budget by year‐
end.
Interfund Services
The year‐to‐date collections for Interfund
Services revenues are $1.8 million.
Compared to the projected budget, the
revenues are below by $239k or 12%.
Compared to the prior year, the revenues
are under by $164k or 9%. The majority
of these revenues are related to indirect
cost allocations, which are internal
administrative costs. The remaining costs
consist of Development Services
division’s inspection fees, Transportation
division’s capital investment program
reimbursements, and Maintenance
division’s street maintenance
reimbursements.
Fines and Penalties
These revenue sources contain civil
(penalties, infractions, and parking),
criminal (traffic, non‐traffic, and costs),
and non‐court fines, forfeitures, and
penalties. The table on the following
page breaks down these fines by type.
The year‐to‐date total fines and
penalties is $1.8 million. This is $152k
or 8% lower than a year ago and also
$17k or 1% below the budget. This
difference also includes $83k 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.
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 99,537 437 0% (13,720) ‐12%
Apr 152,452 174,230 153,717 1,265 1% (20,513) ‐12%
May 83,760 95,725 134,113 50,354 60% 38,388 40%
Jun 193,082 220,664 144,083 (48,999) ‐25% (76,581) ‐35%
Jul 280,956 321,091 211,388 (69,568) ‐25% (109,703) ‐34%
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 936,938$ 1,070,781$ 887,268$ (49,670)$ ‐5% (183,513)$ ‐17%
Annual Total 1,424,932$ 1,628,486$
Recreation
Year to Date through July
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 249,758 259,444 251,144 1,386 1% (8,300) ‐3%
Apr 348,019 361,516 231,156 (116,864) ‐34% (130,360) ‐36%
May 269,154 279,591 237,043 (32,111) ‐12% (42,549) ‐15%
Jun 275,850 286,548 234,878 (40,972) ‐15% (51,670) ‐18%
Jul 263,285 273,495 330,174 66,890 25% 56,679 21%
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 1,922,398$ 1,996,949$ 1,758,019$ (164,379)$ ‐9% (238,931)$ ‐12%
Annual Total 3,190,908$ 3,314,653$
2011 vs. Budget
Month
Interfund Services
Year to Date through July
2011 vs. 2010
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 279,311 259,871 313,067 33,756 12% 53,196 20%
Apr 294,612 273,484 289,767 (4,845) ‐2% 16,283 6%
May 276,543 257,620 255,949 (20,594) ‐7% (1,671) ‐1%
Jun 373,623 347,746 262,444 (111,179) ‐30% (85,301) ‐25%
Jul 256,225 239,290 247,468 (8,757) ‐3% 8,178 3%
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 1,947,727$ 1,812,769$ 1,796,070$ (151,657)$ ‐8% (16,700)$ ‐1%
Annual Total 3,432,368$ 3,170,351$
Month
2011 vs. Budget2011 vs. 2010
Year to Date through July
Fines and Penalties by Month
Page 7 of 36
Monthly Financial Report July 2011
Year to Date through July
2010 2011 2011
Actual Budget Actual $ % $ %
Civil Penalties 8,673$ 8,008$ 6,470$ (2,203)$ ‐25% (1,539)$ ‐19%
Civil Infraction Penalties 439,756 397,483 394,261 (45,495) ‐10% (3,222) ‐1%
Civil Parking Infraction Penalties 80,599 82,951 65,032 (15,567) ‐19% (17,919) ‐22%
Photo Enforcement Program 1,178,110 1,163,269 1,189,991 11,881 1% 26,722 2%
Criminal Traffic Misdemeanor Fines 53,531 48,966 56,774 3,243 6% 7,808 16%
Criminal Non‐Traffic Fines 21,046 21,444 16,294 (4,752) ‐23% (5,151) ‐24%
Criminal Costs 53,123 5,568 66,993 13,870 26% 61,425 1103%
Seizure Funds ‐ Federal/State/Local 101,693 83,128 ‐ (101,693) 0% (83,128) 0%
Non‐Court Fines, Forfeitures and Penalties 11,196 1,950 255 (10,941) ‐98% (1,695) ‐87%
YTD Total 1,947,727$ 1,812,769$ 1,796,070$ (151,657)$ ‐8% (16,700)$ ‐1%
Annual Total 3,432,368$ 3,170,351$
2011 vs. 2010
Revenue
2011 vs. Budget
Fines and Penalties by Type
Included in the Fines and Penalties revenue budget
is $1.9 million from the Photo Enforcement
program. The budget was based on the prior year’s
revenue. The year‐to‐date collections from this
program equates to $1.2 million. The associated
costs includes the equipment provided by American
Traffic Solutions, Inc. (ATS), we are also dedicating 2
FTEs in the Court Services Department to process
the increased caseload and 1.1 FTEs in the Police
Department for support services. These staffs 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 79% of the total revenue in
this category. The year‐to‐date total
miscellaneous is $803k. Compared to the
projected year‐to‐date budget, the
revenues are under by $192k or 19%.
Compared to last year, the revenues are
under by $78k or 9%. The table on the
next page breaks out Miscellaneous
revenues by type:
2010 2011 2011
Actual Budget Actual $ % $ %
Jan 170,998$ 181,164$ 143,105$ (27,892)$ ‐16% (38,058)$ ‐21%
Feb 86,124 99,440 70,237 (15,887) ‐18% (29,203) ‐29%
Mar 115,122 132,824 99,131 (15,990) ‐14% (33,692) ‐25%
Apr 99,376 114,159 74,048 (25,327) ‐25% (40,110) ‐35%
May 101,909 116,069 97,083 (4,826) ‐5% (18,986) ‐16%
Jun 148,339 173,389 145,018 (3,321) ‐2% (28,371) ‐16%
Jul 158,134 177,832 173,878 15,744 10% (3,954) ‐2%
Aug 93,081 107,144
Sep 110,810 124,170
Oct 73,018 86,617
Nov 56,175 67,061
Dec 56,503 64,592
YTD Total 880,001$ 994,876$ 802,501$ (77,500)$ ‐9% (192,375)$ ‐19%
Annual Total 1,269,588$ 1,444,459$
Year to Date through July
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 170,080 198,197 76,201 67,852 130,345
Apr 160,472 177,597 53,048 67,991 109,606
May 154,236 157,076 71,882 67,999 89,077
Jun 215,118 175,673 71,871 67,934 107,739
Jul 144,584 151,820 72,275 67,865 83,954
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 1,163,269$ 1,189,991$ 498,171$ 475,410$ 714,581$
Annual Total 1,900,908$ 841,964$
1 Actuals of Revenues and Expenses
Expenses
Photo Enforcement Program
Year to Date through July
Month
Revenues
Page 8 of 36
Monthly Financial Report July 2011
2010 2011 2011
Actual Budget Actual $ % $ %
Interests and Other Earnings 206,357$ 300,963$ 157,402$ (48,955)$ ‐24% (143,561)$ ‐48%
Rents, Leases, and Concessions 519,731 499,431 476,173 (43,558) ‐8% (23,258) ‐5%
Contributions/Donations from Private Sources 89,610 98,349 142,432 52,822 59% 44,083 45%
Other 64,302 96,132 26,494 (37,808) ‐59% (69,638) ‐72%
YTD Total 880,001$ 994,876$ 802,501$ (77,500)$ ‐9% (192,375)$ ‐19%
Annual Total 1,269,588$ 1,444,459$
2011 vs. Budget
Miscellaneous Revenues by Type
Year to Date through July
Revenue
2011 vs. 2010
Rents, Leases, and Concessions are lower than the prior year due to receiving fewer revenues for the Carco Theater, Coulon
boat launches, and Fitness area rentals. Other revenues are lower than the prior year because this type of revenue stream
is one‐time types (unclaimed property, miscellaneous reimbursements for accidents, sale of scrap, etc.), which we would
expect to fluctuate.
EXPENSES
Overall the City has expended 56% of its budgeted general governmental expenditures at the end of July. This is $2.7
million or 4.7% 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 expenditure variances.
The Police Department is over budget by $268k or 1.9%. The majority of this is due to higher than anticipated salaries and
benefits (by $151k) and overtime (by $262k), but under spending in supplies, professional services, intergovernmental and
interfund services (by $167k). Of the $151k overage for salaries and benefits (which includes budgeted uniform allowance),
$82k is related to various sick and vacation buy back/pay outs that was not included in the budget. If we remove this
amount, Police would only be $186k or 1.3% over budget. Police salaries and benefits budget was under estimated for the
year and a $540k budget adjustment was included in the 2nd Quarter amendment to correct this (which is included in the
analysis above).
Page 9 of 36
Monthly Financial Report July 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
Metro
REVENUES:
Licenses and permits ‐ ‐ ‐ ‐ 20,125 19,375 ‐
Grants / intergovernmental 63,917 ‐ 122,607 ‐ ‐ 302,314 ‐
Charges for services 66,296 1,014,485 8,738,586 6,403,937 4,363,755 3,910,411 7,501,014
Interdepartmental services ‐ ‐ 186 124,937 94,295 260,897 ‐
Fines and penalties ‐ ‐ ‐ ‐ ‐ ‐ ‐
Rents, leases, and misc fees 1,327,871 190,064 42,000 79,488 ‐ ‐ ‐
Interest and other misc 7,400 2,345 9,980 232,822 148,071 88,512 1,843
TOTAL REVENUES 1,465,484 1,206,894 8,913,359 6,841,184 4,626,246 4,581,509 7,502,857
EXPENSES:
Utility billing ‐ ‐ 66,809 80,683 48,553 78,845 ‐
Utility systems ‐ ‐ 7,580,236 1,613,375 1,416,436 1,233,157 ‐
Utility maintenance ‐ ‐ 147,855 2,643,687 732,539 970,608 7,397,309
Transportation 644,589 ‐ ‐ ‐ ‐ ‐ ‐
Golf ‐ 1,017,290 ‐ ‐ ‐ ‐ ‐
TOTAL EXPENSES 644,589 1,017,290 7,794,900 4,337,745 2,197,528 2,282,610 7,397,309
AMOUNT AVAILABLE FOR DEBT SERVICE 820,895 189,604 1,118,459 2,503,439 2,428,718 2,298,899 105,548
DEBT SERVICE:
Principal ‐ 9,984 ‐ 1,048,425 722,526 138,340 ‐
Interest and other debt service costs ‐ 127 ‐ 453,682 233,715 188,446 ‐
TOTAL DEBT SERVICE ‐ 10,111 ‐ 1,502,107 956,241 326,786 ‐
CAPITAL PROJECTS 261,513 126,102 ‐ 751,804 1,688,974 1,021,043 ‐
TRANSFERS IN/(OUT)‐ ‐ ‐ ‐ ‐ ‐ ‐
CHANGE IN FUND BALANCE 559,382 53,391 1,118,459 249,528 (216,497) 951,070 105,548
BEGINNING FUND BALANCE, January 1, 2011 1,361,349 888,604 961,788 6,775,527 681,616 3,273,863 671,616
ENDING FUND BALANCE, July 31, 2011 1,920,731 941,995 2,080,247 7,025,055 465,119 4,224,933 777,164
Page 10 of 36
Monthly Financial Report July 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 ‐ 39,139 ‐ ‐ ‐ ‐ ‐
Grants / intergovernmental ‐ ‐ 150,281 ‐ ‐ ‐ 37,673
Charges for services
Equipment rental m&o 1,267,307 1,208,220 ‐ ‐ ‐ ‐ ‐
Telecommunications ‐ 221,529 ‐ ‐ ‐ ‐ ‐
Print and mail ‐ 62,230 ‐ 229,255 ‐ ‐ ‐
Communications ‐ ‐ ‐ 335,883 ‐ ‐ ‐
Facilities ‐ ‐ 2,401,576 ‐ ‐ ‐ ‐
Data cards and cell phones ‐ 87,581 ‐ ‐ ‐ ‐ ‐
IT service contracts ‐ 182,932 ‐ ‐ ‐ ‐ ‐
Interest and other misc 15,590 6,312 993 283 17,186 18,981 12,896
Internal service fund misc:
Vehicle / equipment capital recovery 652,536 547,626 ‐ ‐ ‐ ‐ ‐
Insurance premiums ‐ ‐ ‐ ‐ 907,804 ‐ ‐
Worker's compensation / unemployment ‐ ‐ ‐ ‐ 807,030 ‐ ‐
Benefit premiums ‐ ‐ ‐ ‐ ‐ 6,039,747 2,032,715
Other misc 3,475 1,323 8,269 11 3,242 366,684 ‐
Capital contributions 20,854 ‐ ‐ ‐ ‐ ‐ ‐
Disposal of capital assets 74,955 ‐ ‐ ‐ ‐ ‐ ‐
Insurance recoveries ‐ ‐ ‐ ‐ 39,499 12,428 3,695
TOTAL REVENUES 2,034,717 2,356,892 2,561,119 565,432 1,774,761 6,437,840 2,086,979
EXPENSES:
Communications 313,451
Equipment rental 1,363,495
Facilities 2,328,606
Healthcare 5,679,482
Information technology 1,580,279
Print and mail 216,992
Retiree healthcare 487,606
Risk management
Risk management 1,343,777
Unemployment 110,902
Worker's compensation 628,787
TOTAL EXPENSES 1,363,495 1,580,279 2,328,606 530,443 2,083,466 5,679,482 487,606
AMOUNT AVAILABLE FOR CAPITAL 671,222 776,613 232,512 34,989 (308,705) 758,358 1,599,373
CAPITAL PROJECTS 420,648 443,258 126,809 ‐ ‐ ‐ ‐
TRANSFERS IN ‐ ‐ ‐ ‐ ‐ ‐ ‐
TRANSFERS (OUT)‐ ‐ ‐ ‐ ‐ ‐ ‐
CHANGE IN FUND BALANCE 250,574 333,355 105,703 34,989 (308,705) 758,358 1,599,373
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, July 31, 2011 5,543,681 2,282,520 346,749 105,203 6,381,319 6,960,252 4,970,410
Page 11 of 36
Monthly Financial Report July 2011
FUND BALANCE
Page 13 shows the ending fund balance as of July 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) include funds identified as being reserved for specific purposes or required
to meet the current year’s appropriations. These balances also provide financial stability to the City’s operation during
uncertain times and provide a layer of security to bondholders.
At the end of July, the City has $10.6 million reported in the combined general governmental fund balance of the current
year’s operating budget, which is approximately 10% of budgeted operating expenditures. This is a decrease of $793k from
the beginning balance of January 1, 2011. July’s ending fund balance is over the anticipated General Governmental Fund
Balance of $8 million by $2.6 million. Although the ending fund balance is above projections, it is consistent with the prior
years’ trends since the City receipted 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 July 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 July 2011
City of Renton
All Funds ‐ Revenue, Expenditures and Fund Balances
Cash Basis through July 31, 2011
Funds
Balance
01/01/2011
Budgeted
Revenue
Revenue
07/31/11
Total Funds
Available
Budgeted
Expenditure
Expenditure
07/31/11
Ending
Balance
GENERAL GOVERNMENT FUNDS:11,407,119 99,469,734 55,528,887 66,936,006 101,299,304 56,321,612 10,614,394
000 General 9,477,148 72,539,830 34,920,850 44,397,998 74,869,192 42,672,220 1,725,778
001 Community Services 631,801 10,829,491 8,033,440 8,665,241 10,763,076 5,640,858 3,024,383
003 Street 116,298 8,402,117 6,806,347 6,922,645 8,258,280 4,595,500 2,327,145
004 Community Dev Block Grant (55,231) 501,728 127,517 72,286 368,333 146,361 (74,075)
005 Museum 66,830 195,966 196,245 263,075 207,513 122,204 140,871
006 Library 47,347 2,030,000 2,030,999 2,078,346 2,030,000 1,817,619 260,727
009 Farmers Market 81,630 67,500 48,194 129,824 62,875 33,089 96,735
010 Fire Memorial 1,251 ‐ 127 1,378 ‐ ‐ 1,378
011 Fire Health & Wellness 24,072 25,000 13,927 37,999 25,000 8,620 29,379
031 Pa rk Memorial 176,950 ‐ 496 177,446 ‐ ‐ 177,446
201 Ltd GO Bonds Gen Govt Debt 312,938 2,146,142 1,772,861 2,085,799 1,983,075 289,188 1,796,611
215 Gen Govt Misc Debt Service 526,085 2,731,960 1,577,884 2,103,969 2,731,960 995,953 1,108,016
SPECIAL REVENUE FUNDS:
102 Arterial Street 171,720 620,000 343,243 514,963 620,000 ‐ 514,963
108 Leased City Properties 759,594 748,060 384,074 1,143,668 614,457 436,787 706,881
110 Hotel Motel 212,950 245,000 168,130 381,080 275,000 146,800 234,280
118 Reserve for Paths & Trails 3,299 ‐ 9 3,308 ‐ ‐ 3,308
125 1% For Art 136,830 32,000 361 137,191 68,257 15,425 121,766
127 Cable Communication 171,358 85,000 78,822 250,180 221,301 36,137 214,043
135 Springbrook Wetlands Bank 660,524 ‐ 1,872 662,396 ‐ ‐ 662,396
DEBT SERVICE FUNDS:
219 1989 Unlimited GO Bonds ‐ ‐ ‐ ‐ ‐ ‐ ‐
CAPITAL PROJECT FUNDS (CIP):
303 Community Dev Mitigation 1,343,877 60,000 11,766 1,355,643 400,000 ‐ 1,355,643
304 Fire Mitigation 1,929,477 100,000 28,381 1,957,858 529,056 ‐ 1,957,858
305 Transportation Mitigation 1,119,954 250,000 59,488 1,179,442 999,494 ‐ 1,179,442
316 Municipal Facilities CIP 5,759,297 2,148,558 288,428 6,047,725 7,481,499 2,123,520 3,924,205
317 Transportation CIP 3,808,080 24,295,301 6,632,370 10,440,450 28,007,800 8,103,866 2,336,584
318 So Lake WA Infrastructure Proj 58,522 ‐ 152 58,674 58,000 5,241 53,433
326 Housing Opportunity 163,787 ‐ 396 164,183 160,000 17,500 146,683
336 New Library Development ‐ 19,960,000 1,801,463 1,801,463 11,960,000 551,840 1,249,623
ENTERPRISE FUNDS:
402 Airport 1,295,036 432,010 456,279 1,751,315 1,125,756 644,589 1,106,726
403 Solid Waste Utility 961,788 15,015,942 8,913,359 9,875,147 14,951,710 7,794,900 2,080,247
404 Golf Course 630,924 2,483,545 1,206,231 1,837,155 2,504,738 1,099,953 737,202
422 Airport Capital 66,313 3,433,408 1,009,205 1,075,518 3,003,521 261,513 814,005
424 Golf Course Capital 257,680 100,000 58,998 316,678 220,000 111,885 204,793
INTERNAL SERVICE FUNDS:
501 Equipment Repair/Replacement 5,293,107 3,240,401 2,034,717 7,327,824 4,591,337 1,784,143 5,543,681
502 I nsurance 6,690,024 3,178,883 1,774,761 8,464,785 3,018,564 2,083,466 6,381,319
503 Information Services 1,949,165 4,119,051 2,356,891 4,306,056 5,633,307 2,023,537 2,282,519
504 Facilities 241,046 4,243,673 2,561,119 2,802,165 4,256,261 2,455,415 346,750
505 Communications 70,214 953,941 565,433 635,647 957,746 530,443 105,204
512 Insurance, Healthcare 6,201,894 11,248,058 6,437,840 12,639,734 10,844,696 5,679,482 6,960,252
522 Insurance, Leoff1 Retirees HC 3,371,037 2,935,684 2,086,978 5,458,015 2,261,732 487,606 4,970,409
FIDUCIARY FUNDS:
611 Firemen's Pension 4,286,248 300,000 118,920 4,405,168 565,475 168,050 4,237,118
Funds
Balance
01/01/2011
Budgeted
Revenue
Revenue
07/31/11
Total Funds
Available
Budgeted
Expenditure
Expenditure
07/31/11
Ending
Balance
ENTERPRISE FUNDS: COMBINED UTILITIES 11,402,622 46,660,496 23,551,793 34,954,415 50,069,800 22,462,145 12,492,270
405 Water Utility 4,695,116 9,680,689 4,501,636 9,196,752 10,521,313 5,849,503 3,347,249
406 Waste Water Utility 681,616 4,931,139 3,149,443 3,831,059 5,141,813 3,153,769 677,290
407 Surface Water Utility 1,462,126 5,353,933 2,957,488 4,419,614 5,092,613 2,609,395 1,810,219
416 King County Metro 671,616 13,156,760 7,502,857 8,174,473 13,156,760 7,397,309 777,164
425 Water Utility Construction 2,064,638 4,997,301 2,339,503 4,404,141 6,067,301 742,152 3,661,989
426 Waste Water Construction ‐ 3,845,000 1,476,802 1,476,802 3,790,000 1,688,974 (212,172)
427 Surface Water Construction 1,811,737 4,695,674 1,624,020 3,435,757 6,300,000 1,021,043 2,414,714
461 Waterworks Bond Reserve ‐ ‐ ‐ ‐ ‐ ‐ ‐
471 Waterworks Rate Stabilization 15,773 ‐ 44 15,817 ‐ ‐ 15,817
481 Future W/S Bond Proceeds ‐ ‐ ‐ ‐ ‐ ‐ ‐
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 16,654,842 23,321,083 (6,666,241) 4,740,878
April 30,062,704 30,363,594 (300,889) 11,106,230
May 44,974,654 38,187,393 6,787,261 18,194,380
June 49,588,204 48,730,646 857,557 12,264,676
July 55,528,886 56,321,612 (792,726) 10,614,393
August
September
October
November
December
2,000,000
3,000,000
4,000,000
5,000,000
6,000,000
7,000,000
8,000,000
9,000,000
60,000,000
70,000,000
80,000,000
90,000,000
100,000,000
Change in Fund
Balance
Rev/Exp Revenues
Expenditures
Change in Fund Balance
(9,000,000)
(8,000,000)
(7,000,000)
(6,000,000)
(5,000,000)
(4,000,000)
(3,000,000)
(2,000,000)
(1,000,000)
‐
1,000,000
‐
10,000,000
20,000,000
30,000,000
40,000,000
50,000,000
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Page 14 of 36
City of Renton
Monthly Revenue Analysis ‐ 2011 Budget Year
General
Government Budget
YTD
Actual
Annual %
over (under)
Jan 5,718,975 5,379,006 ‐5.94%
Feb 10,949,126 11,050,241 0.92%
Mar 16,248,590 16,654,842 2.50%
Apr 29,068,549 30,062,704 3.42%
May 44,710,381 44,974,654 0.59%
Jun 49,651,162 49,588,204 ‐0.13%
Jul 55,628,262 55,528,886 ‐0.18%
Aug 61,382,843
Sep 66,295,031
Oct 78,873,154
Nov 93,156,868
Dec 99,469,734
Percent of budget 55.82%
YTD Annual %
$‐
$10
$20
$30
$40
$50
$60
$70
$80
$90
$100
$110
Millions
Total Revenue
General Government
Budget
Actual
Last Year
$33
Millions Property Tax
Property Tax Budget Actual over (under)
Jan 222,520 505,501 127.17%
Feb 498,052 841,695 69.00%
Mar 1,055,236 1,586,980 50.39%
Apr 7,832,248 9,205,472 17.53%
May 16,721,331 17,054,953 2.00%
Jun 16,838,319 17,109,916 1.61%
Jul 16,927,805 17,221,992 1.74%
Aug 17,079,566
Sep 17,579,783
Oct 24,763,004
Nov 31,792,494
Dec 32,046,525
Percent of budget 53.74%
$‐
$3
$6
$9
$12
$15
$18
$21
$24
$27
$30
$33
Budget
Actual
Last Year
Page 15 of 36
City of Renton
Monthly Revenue Analysis ‐ 2011 Budget Year
Sales Tax Budget
YTD
Actual
Annual %
over (under)
Jan 1,568,911 1,498,057 ‐4.52%
Feb 3,521,649 3,683,690 4.60%
Mar 5,022,242 5,136,541 2.28%
Apr 6,546,191 6,539,777 ‐0.10%
May 8,255,967 8,305,195 0.60%
Jun 9,842,667 9,830,419 ‐0.12%
Jul 11,428,235 11,435,443 0.06%
Aug 13,153,559
Sep 14,798,459
Oct 16,517,368
Nov 18,234,679
Dec 19,879,280
Percent of budget 57.52%
Note: Excludes CJ Sales Tax and Natural Gas Use Tax.
YTD Annual %
$‐
$3
$6
$9
$12
$15
$18
$21
Millions Sales Tax
Budget
Actual
Last Year
$16
Millions Utility Tax
Utility Tax Budget Actual over (under)
Jan 1,449,257 1,363,023 ‐5.95%
Feb 2,751,779 2,811,298 2.16%
Mar 4,098,738 4,292,138 4.72%
Apr 5,420,381 5,662,856 4.47%
May 6,702,223 6,954,386 3.76%
Jun 7,923,403 8,157,861 2.96%
Jul 9,116,434 9,346,387 2.52%
Aug 10,307,012
Sep 11,443,772
Oct 12,636,818
Nov 13,794,401
Dec 15,166,600
Percent of budget 61.62%
Note: Includes Natural Gas Use Tax.
$0
$2
$4
$6
$8
$10
$12
$14
$16
Budget
Actual
Last Year
Page 16 of 36
City of Renton
Monthly Revenue Analysis ‐ 2011 Budget Year
Licenses &
Permits Budget
YTD
Actual
Annual %
over (under)
Jan 469,355 185,889 ‐60.39%
Feb 583,113 322,341 ‐44.72%
Mar 741,647 539,342 ‐27.28%
Apr 1,010,644 778,404 ‐22.98%
May 1,187,535 957,261 ‐19.39%
Jun 1,393,028 1,117,984 ‐19.74%
Jul 1,693,253 1,363,681 ‐19.46%
Aug 1,895,469
Sep 2,064,907
Oct 2,302,673
Nov 2,462,856
Dec 2,612,987
Percent of budget 52.19%
Note: Includes Fund 318.
YTD Annual % Millions
Intergovernmental
$‐
$0.30
$0.60
$0.90
$1.20
$1.50
$1.80
$2.10
$2.40
$2.70
Millions Licenses & Permits
Budget
Actual
Last Year
Intergovt'l Budget Actual over (under)
Jan 561,321 565,843 0.81%
Feb 1,138,597 1,079,643 ‐5.18%
Mar 1,636,573 1,648,102 0.70%
Apr 2,628,148 2,707,888 3.03%
May 4,918,239 5,258,407 6.92%
Jun 5,433,811 5,771,371 6.21%
Jul 5,896,467 6,317,671 7.14%
Aug 6,573,207
Sep 7,039,481
Oct 7,675,979
Nov 10,859,795
Dec 12,014,671
Percent of budget 52.58%
Note: Includes CJ Sales Tax.
$‐
$1
$2
$3
$4
$5
$6
$7
$8
$9
$10
$11
$12
$13
Millions
Budget
Actual
Last Year
Page 17 of 36
City of Renton
Monthly Revenue Analysis ‐ 2011 Budget Year
Charges for
Services Budget
YTD
Actual
Annual %
over (under)
Jan 447,067 323,609 ‐27.62%
Feb 884,119 786,123 ‐11.08%
Mar 1,363,364 1,257,415 ‐7.77%
Apr 2,006,320 1,778,657 ‐11.35%
May 2,526,347 2,308,859 ‐8.61%
Jun 3,132,602 2,821,799 ‐9.92%
Jul 3,941,618 3,516,730 ‐10.78%
Aug 4,487,827
Sep 4,949,440
Oct 5,447,614
Nov 5,842,063
Dec 6,366,817
Percent of budget 55.24%
Fines & YTD Annual %
$‐
$1
$2
$3
$4
$5
$6
$7
Millions Charges for Services
Budget
Actual
Last Year
Millions Fines & Forfeits
Forfeits Budget Actual over (under)
Jan 223,938 165,721 ‐26.00%
Feb 434,759 430,461 ‐0.99%
Mar 694,630 746,372 7.45%
Apr 968,114 1,039,081 7.33%
May 1,225,734 1,297,817 5.88%
Jun 1,573,479 1,562,659 ‐0.69%
Jul 1,812,769 1,812,194 ‐0.03%
Aug 2,098,788
Sep 2,307,490
Oct 2,555,419
Nov 2,852,584
Dec 3,170,351
Percent of budget 57.16%
$‐
$0.50
$1.00
$1.50
$2.00
$2.50
$3.00
$3.50
Budget
Actual
Last Year
Page 18 of 36
City of Renton
Monthly Revenue Analysis ‐ 2011 Budget Year
Other Taxes Budget
YTD
Actual
Annual %
over (under)
Jan 595,443 628,259 5.51%
Feb 855,646 880,840 2.94%
Mar 1,219,558 1,132,303 ‐7.15%
Apr 1,961,768 1,796,896 ‐8.40%
May 2,361,633 2,186,455 ‐7.42%
Jun 2,528,643 2,419,406 ‐4.32%
Jul 3,648,277 3,543,760 ‐2.86%
Aug 3,993,321
Sep 4,193,423
Oct 4,969,350
Nov 5,246,008
Dec 6,075,921
Percent of budget 58.32%
YTD Annual % Millions Miscellaneous
$0
$1
$2
$3
$4
$5
$6
$7
Millions Other Taxes
Budget
Actual
Last Year
Misc Budget Actual over (under)
Jan 181,164 143,105 ‐21.01%
Feb 280,604 213,343 ‐23.97%
Mar 413,428 312,474 ‐24.42%
Apr 527,586 386,523 ‐26.74%
May 643,655 483,606 ‐24.87%
Jun 817,044 628,624 ‐23.06%
Jul 994,876 802,501 ‐19.34%
Aug 1,102,019
Sep 1,226,190
Oct 1,312,806
Nov 1,379,867
Dec 1,444,459
Percent of budget 55.56%
$‐
$0.20
$0.40
$0.60
$0.80
$1.00
$1.20
$1.40
$1.60 Budget
Actual
Last Year
Page 19 of 36
City of Renton
Monthly Revenue Analysis ‐ 2011 Budget Year
Other
Financing Budget
YTD
Actual
Annual %
over (under)
Jan ‐ ‐ N/A
Feb 808 808 0.00%
Mar 3,175 3,175 0.00%
Apr 167,151 167,151 0.00%
May 167,716 167,716 0.00%
Jun 168,166 168,166 0.00%
Jul 168,527 168,527 0.00%
Aug 692,075
Sep 692,088
Oct 692,123
Nov 692,123
Dec 692,123
Percent of budget 24.35%
YTD Annual % Millions
Real Estate Excise Tax
$‐
$1.00
$2.00
$3.00
$4.00
$5.00
$6.00
$7.00
$8.00
Millions Other Financing Sources
Budget
Actual
Last Year
REET Budget Actual over (under)
Jan 64,803 161,911 149.85%
Feb 162,288 261,588 61.19%
Mar 443,274 403,288 ‐9.02%
Apr 699,373 514,275 ‐26.47%
May 896,426 671,794 ‐25.06%
Jun 1,070,698 900,300 ‐15.91%
Jul 1,206,778 1,017,867 ‐15.65%
Aug 1,397,066
Sep 1,508,909
Oct 1,675,542
Nov 1,860,141
Dec 2,240,000
Percent of budget 45.44%
$‐
$0.50
$1.00
$1.50
$2.00
$2.50
Millions
Budget
Actual
Last Year
Page 20 of 36
City of Renton
Monthly Expenditure Analysis ‐ 2011 Budget Year
General
Government Budget
YTD
Actual
Annual %
over (under)
Jan 7,124,579 6,990,159 ‐1.89%
Feb 16,881,946 15,756,416 ‐6.67%
Mar 24,548,143 23,321,083 ‐5.00%
Apr 32,233,750 30,363,594 ‐5.80%
May 40,377,780 38,187,393 ‐5.42%
Jun 50,931,591 48,730,646 ‐4.32%
Jul 59,069,604 56,321,612 ‐4.65%
Aug 69,053,718
Sep 77,185,192
Oct 84,537,081
Nov 92,591,238
Dec 101,299,304
Percent of budget expended 55.60%
YTD Annual %
$‐
$10
$20
$30
$40
$50
$60
$70
$80
$90
$100
$110
Millions
Total Expenditures
General Government
Budget
Actual
Last Year
$300 000
Legislative
Legislative Budget Actual over (under)
Jan 22,585 22,021 ‐2.50%
Feb 45,866 44,576 ‐2.81%
Mar 69,289 67,521 ‐2.55%
Apr 93,250 89,659 ‐3.85%
May 116,460 112,072 ‐3.77%
Jun 139,640 134,795 ‐3.47%
Jul 162,401 158,140 ‐2.62%
Aug 185,324
Sep 207,934
Oct 229,314
Nov 252,426
Dec 276,567
Percent of budget expended 57.18%
$‐
$50,000
$100,000
$150,000
$200,000
$250,000
$300,000
Budget
Actual
Last Year
Page 21 of 36
City of Renton
Monthly Expenditure Analysis ‐ 2011 Budget Year
Executive Budget
YTD
Actual
Annual %
over (under)
Jan 106,657 112,718 5.68%
Feb 235,853 229,987 ‐2.49%
Mar 363,260 346,789 ‐4.53%
Apr 489,917 480,072 ‐2.01%
May 613,510 605,772 ‐1.26%
Jun 732,054 729,119 ‐0.40%
Jul 861,982 862,086 0.01%
Aug 981,310
Sep 1,117,720
Oct 1,240,172
Nov 1,357,062
Dec 1,478,297
Percent of budget expended 58.32%
YTD Annual %
$‐
$0.30
$0.60
$0.90
$1.20
$1.50
$1.80
Millions Executive
Budget
Actual
Last Year
$0 80
Millions City Clerk
City Clerk Budget Actual over (under)
Jan 51,261 49,604 ‐3.23%
Feb 103,499 98,230 ‐5.09%
Mar 159,969 154,386 ‐3.49%
Apr 279,463 315,627 12.94%
May 379,294 369,865 ‐2.49%
Jun 433,303 420,930 ‐2.86%
Jul 483,600 474,938 ‐1.79%
Aug 531,809
Sep 581,018
Oct 675,052
Nov 724,620
Dec 786,947
Percent of budget expended 60.35%
$‐
$0.20
$0.40
$0.60
$0.80
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 14,425 14,189 ‐1.64%
Feb 28,701 21,908 ‐23.67%
Mar 42,850 23,616 ‐44.89%
Apr 57,329 25,472 ‐55.57%
May 71,432 28,865 ‐59.59%
Jun 85,716 33,294 ‐61.16%
Jul 100,206 37,133 ‐62.94%
Aug 114,341
Sep 128,494
Oct 142,100
Nov 156,260
Dec 170,717
Percent of budget expended 21.75%
YTD Annual % $1 60
Millions City Attorney
$‐
$30,000
$60,000
$90,000
$120,000
$150,000
$180,000
Hearing Examiner
Budget
Actual
Last Year
City Attorney Budget Actual over (under)
Jan 102,294 130,446 27.52%
Feb 242,731 264,464 8.95%
Mar 393,158 395,280 0.54%
Apr 537,598 528,480 ‐1.70%
May 677,661 657,439 ‐2.98%
Jun 817,578 790,004 ‐3.37%
Jul 955,999 923,755 ‐3.37%
Aug 1,097,634
Sep 1,232,013
Oct 1,366,319
Nov 1,499,225
Dec 1,588,429
Percent of budget expended 58.16%
$‐
$0.40
$0.80
$1.20
$1.60 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 172,706 163,613 ‐5.26%
Feb 350,541 326,156 ‐6.96%
Mar 536,403 490,833 ‐8.50%
Apr 715,028 661,478 ‐7.49%
May 892,550 831,527 ‐6.84%
Jun 1,075,642 1,040,289 ‐3.29%
Jul 1,258,557 1,209,319 ‐3.91%
Aug 1,434,869
Sep 1,614,729
Oct 1,775,894
Nov 1,948,024
Dec 2,134,452
Percent of budget expended 56.66%
YTD Annual %
$‐
$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
Millions
Community & Economic
Dl Ad iCED Admin Budget Actual over (under)
Jan 74,367 77,455 4.15%
Feb 157,395 155,007 ‐1.52%
Mar 236,397 232,560 ‐1.62%
Apr 315,098 310,112 ‐1.58%
May 393,089 387,665 ‐1.38%
Jun 470,768 465,217 ‐1.18%
Jul 548,159 542,926 ‐0.95%
Aug 625,262
Sep 702,073
Oct 775,757
Nov 851,215
Dec 926,674
Percent of budget expended 58.59%
$‐
$0.10
$0.20
$0.30
$0.40
$0.50
$0.60
$0.70
$0.80
$0.90
$1.00
Millions 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 280,682 231,587 ‐17.49%
Feb 554,483 474,633 ‐14.40%
Mar 819,050 716,400 ‐12.53%
Apr 1,085,863 953,343 ‐12.20%
May 1,351,209 1,220,807 ‐9.65%
Jun 1,609,891 1,431,566 ‐11.08%
Jul 1,871,519 1,673,333 ‐10.59%
Aug 2,118,179
Sep 2,389,591
Oct 2,630,325
Nov 2,880,148
Dec 3,137,985
Percent of budget expended 53.33%
Economic YTD Annual %
$‐
$0.50
$1.00
$1.50
$2.00
$2.50
$3.00
$3.50
Millions
Development Services
Budget
Actual
Last Year
Millions
Economic Development
Development Budget Actual over (under)
Jan 52,199 68,491 31.21%
Feb 121,977 123,830 1.52%
Mar 182,348 179,805 ‐1.39%
Apr 237,281 234,834 ‐1.03%
May 300,891 297,953 ‐0.98%
Jun 361,363 357,808 ‐0.98%
Jul 431,784 430,038 ‐0.40%
Aug 490,780
Sep 560,100
Oct 618,615
Nov 684,023
Dec 749,128
Percent of budget expended 57.41%
$‐
$0.20
$0.40
$0.60
$0.80
$1.00
$1.20
$1.40
Millions
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 109,960 104,320 ‐5.13%
Feb 217,044 258,972 19.32%
Mar 331,808 348,727 5.10%
Apr 436,143 475,330 8.98%
May 555,730 581,947 4.72%
Jun 713,155 685,502 ‐3.88%
Jul 829,502 795,138 ‐4.14%
Aug 966,634
Sep 1,136,529
Oct 1,271,607
Nov 1,370,979
Dec 1,533,697
Percent of budget expended 51.84%
YTD Annual % $2 40
Millions Finance
$‐
$0.20
$0.40
$0.60
$0.80
$1.00
$1.20
$1.40
$1.60
$1.80
Millions
Planning
Budget
Actual
Last Year
Finance Budget Actual over (under)
Jan 185,479 155,421 ‐16.21%
Feb 339,681 315,453 ‐7.13%
Mar 514,316 467,036 ‐9.19%
Apr 669,701 620,994 ‐7.27%
May 859,496 770,959 ‐10.30%
Jun 1,017,256 930,622 ‐8.52%
Jul 1,179,972 1,076,398 ‐8.78%
Aug 1,345,514
Sep 1,510,764
Oct 1,621,863
Nov 1,765,760
Dec 2,088,212
Percent of budget expended 51.55%
$‐
$0.40
$0.80
$1.20
$1.60
$2.00
$2.40 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 78,242 86,565 10.64%
Feb 154,839 155,437 0.39%
Mar 236,793 221,683 ‐6.38%
Apr 317,732 282,721 ‐11.02%
May 397,739 342,697 ‐13.84%
Jun 481,078 417,784 ‐13.16%
Jul 563,166 491,235 ‐12.77%
Aug 644,689
Sep 726,325
Oct 803,567
Nov 878,678
Dec 973,851
Percent of budget expended 50.44%
YTD Annual %
$‐
$0.20
$0.40
$0.60
$0.80
$1.00
Millions Human Resources
Budget
Actual
Last Year
$33
Millions Police
Police Budget Actual over (under)
Jan 2,318,662 2,369,174 2.18%
Feb 4,980,498 4,383,450 ‐11.99%
Mar 7,509,693 7,075,221 ‐5.79%
Apr 9,978,604 8,969,395 ‐10.11%
May 12,392,962 11,112,660 ‐10.33%
Jun 15,133,567 14,046,545 ‐7.18%
Jul 17,688,902 16,310,772 ‐7.79%
Aug 20,235,790
Sep 22,913,200
Oct 25,185,431
Nov 28,049,446
Dec 31,011,293
Percent of budget expended 52.60%
$‐
$3
$6
$9
$12
$15
$18
$21
$24
$27
$30
$33
Budget
Actual
Last Year
Page 27 of 36
City of Renton
Monthly Expenditure Analysis ‐ 2011 Budget Year
Fire &
Emergency
Services Budget
YTD
Actual
Annual %
over (under)
Jan 1,948,185 1,754,253 ‐9.95%
Feb 4,592,145 4,132,293 ‐10.01%
Mar 6,422,692 5,900,678 ‐8.13%
Apr 8,140,156 7,652,583 ‐5.99%
May 9,912,008 9,538,569 ‐3.77%
Jun 11,712,250 11,333,418 ‐3.23%
Jul 13,546,868 13,191,127 ‐2.63%
Aug 15,384,403
Sep 17,224,095
Oct 18,916,100
Nov 20,805,510
Dec 22,676,137
Percent of budget expended 58.17%
Community YTD Annual %
$‐
$3
$6
$9
$12
$15
$18
$21
$24
Millions Fire & Emergency Services
Budget
Actual
Last Year
$1 20
Millions Community Services Admin
Services Admin Budget Actual over (under)
Jan 24,171 33,774 39.73%
Feb 69,201 67,558 ‐2.37%
Mar 103,855 102,208 ‐1.59%
Apr 138,500 136,129 ‐1.71%
May 172,991 170,164 ‐1.63%
Jun 207,552 204,042 ‐1.69%
Jul 241,961 238,509 ‐1.43%
Aug 275,415
Sep 309,116
Oct 342,587
Nov 375,962
Dec 409,872
Percent of budget expended 58.19%
$‐
$0.20
$0.40
$0.60
$0.80
$1.00
$1.20
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 238,049 261,191 9.72%
Feb 512,298 527,048 2.88%
Mar 806,940 799,401 ‐0.93%
Apr 1,112,020 1,109,451 ‐0.23%
May 1,434,676 1,422,731 ‐0.83%
Jun 1,775,143 1,750,372 ‐1.40%
Jul 2,134,704 2,093,871 ‐1.91%
Aug 2,540,816
Sep 2,881,349
Oct 3,226,442
Nov 3,536,345
Dec 3,911,658
Percent of budget expended 53.53%
Parks Planning
and Natural YTD Annual %
$‐
$0.50
$1.00
$1.50
$2.00
$2.50
$3.00
$3.50
$4.00
Millions Parks
Budget
Actual
Last Year
$0 60
Millions Parks Planning and Natural Resources
Resources Budget Actual over (under)
Jan 48,221 34,349 ‐28.77%
Feb 96,441 69,260 ‐28.18%
Mar 144,662 109,668 ‐24.19%
Apr 192,882 150,610 ‐21.92%
May 241,103 204,169 ‐15.32%
Jun 289,323 256,105 ‐11.48%
Jul 337,544 301,757 ‐10.60%
Aug 385,764
Sep 433,985
Oct 482,205
Nov 530,426
Dec 578,646
Percent of budget expended 52.15%
$‐
$0.10
$0.20
$0.30
$0.40
$0.50
$0.60
Budget
Actual
Last Year
Page 29 of 36
City of Renton
Monthly Expenditure Analysis ‐ 2011 Budget Year
Recreation Budget
YTD
Actual
Annual %
over (under)
Jan 295,457 361,259 22.27%
Feb 635,648 702,382 10.50%
Mar 1,005,300 1,058,705 5.31%
Apr 1,348,719 1,408,767 4.45%
May 1,716,986 1,763,066 2.68%
Jun 2,115,872 2,128,093 0.58%
Jul 2,772,164 2,702,061 ‐2.53%
Aug 3,487,773
Sep 3,976,507
Oct 4,329,308
Nov 4,783,398
Dec 5,177,897
Percent of budget expended 52.18%
Human YTD Annual % $1 40
Millions Human Services
$‐
$1
$2
$3
$4
$5
$6
Millions Recreation
Budget
Actual
Last Year
Services Budget Actual over (under)
Jan 59,080 53,756 ‐9.01%
Feb 125,735 118,956 ‐5.39%
Mar 197,870 177,533 ‐10.28%
Apr 389,222 369,358 ‐5.10%
May 472,589 499,658 5.73%
Jun 551,809 560,790 1.63%
Jul 755,219 694,753 ‐8.01%
Aug 834,905
Sep 897,360
Oct 1,056,218
Nov 1,157,557
Dec 1,358,385
Percent of budget expended 51.15%
$‐
$0.20
$0.40
$0.60
$0.80
$1.00
$1.20
$1.40
Budget
Actual
Last Year
Page 30 of 36
City of Renton
Monthly Expenditure Analysis ‐ 2011 Budget Year
Neighborhoods
, Resources,
and Events Budget
YTD
Actual
Annual %
over (under)
Jan 41,588 36,383 ‐12.52%
Feb 84,789 73,402 ‐13.43%
Mar 128,116 110,686 ‐13.60%
Apr 172,462 157,589 ‐8.62%
May 226,912 198,703 ‐12.43%
Jun 289,150 252,486 ‐12.68%
Jul 374,553 304,660 ‐18.66%
Aug 424,012
Sep 470,393
Oct 508,406
Nov 545,765
Dec 685,003
Percent of budget expended 44.48%
YTD Annual % $2 50
Millions Library Fund
$‐
$100,000
$200,000
$300,000
$400,000
$500,000
$600,000
$700,000
Neighborhoods, Resources, and Events
Budget
Actual
Last Year
Library Fund Budget Actual over (under)
Jan 2,619 2,619 0.00%
Feb 5,119 5,119 0.00%
Mar 7,619 7,619 0.00%
Apr 10,119 10,119 0.00%
May 12,619 12,619 0.00%
Jun 1,815,119 1,815,119 0.00%
Jul 1,817,619 1,817,619 0.00%
Aug 1,959,206
Sep 2,012,302
Oct 2,027,050
Nov 2,029,754
Dec 2,030,000
Percent of budget expended 89.54%
$‐
$0.50
$1.00
$1.50
$2.00
$2.50
Budget
Actual
Last Year
Page 31 of 36
City of Renton
Monthly Expenditure Analysis ‐ 2011 Budget Year
Museum Fund Budget
YTD
Actual
Annual %
over (under)
Jan 16,818 17,146 1.95%
Feb 34,325 34,638 0.91%
Mar 51,635 51,915 0.54%
Apr 69,255 69,499 0.35%
May 87,088 86,914 ‐0.20%
Jun 104,880 104,539 ‐0.33%
Jul 122,308 122,204 ‐0.08%
Aug 139,524
Sep 156,721
Oct 173,773
Nov 190,524
Dec 207,513
Percent of budget expended 58.89%
Public Works YTD Annual % $0 60
Millions Public Works Admin
$‐
$30,000
$60,000
$90,000
$120,000
$150,000
$180,000
$210,000
Museum Fund
Budget
Actual
Last Year
Admin Budget Actual over (under)
Jan 36,025 37,289 3.51%
Feb 73,605 74,538 1.27%
Mar 112,016 111,889 ‐0.11%
Apr 152,983 149,219 ‐2.46%
May 189,927 187,166 ‐1.45%
Jun 226,584 224,646 ‐0.86%
Jul 264,203 262,362 ‐0.70%
Aug 304,561
Sep 340,210
Oct 375,268
Nov 411,886
Dec 450,620
Percent of budget expended 58.22%
$‐
$0.20
$0.40
$0.60
Budget
Actual
Last Year
Page 32 of 36
City of Renton
Monthly Expenditure Analysis ‐ 2011 Budget Year
Street
Maintenance Budget
YTD
Actual
Annual %
over (under)
Jan 291,313 279,841 ‐3.94%
Feb 591,618 597,149 0.93%
Mar 887,819 894,017 0.70%
Apr 1,208,483 1,168,482 ‐3.31%
May 1,508,949 1,455,914 ‐3.51%
Jun 1,824,363 1,755,569 ‐3.77%
Jul 2,161,928 2,050,768 ‐5.14%
Aug 2,489,084
Sep 2,775,665
Oct 3,065,897
Nov 3,345,901
Dec 3,675,414
Percent of budget expended 55.80%
YTD Annual %
$‐
$0.50
$1.00
$1.50
$2.00
$2.50
$3.00
$3.50
$4.00
Millions Street Maintenance
Budget
Actual
Last Year
$6
Millions Transportation
Transportation Budget Actual over (under)
Jan 329,399 308,560 ‐6.33%
Feb 715,903 689,957 ‐3.62%
Mar 1,109,163 1,101,787 ‐0.66%
Apr 1,480,840 1,429,170 ‐3.49%
May 1,859,714 1,787,292 ‐3.89%
Jun 2,251,115 2,164,571 ‐3.84%
Jul 2,592,807 2,544,732 ‐1.85%
Aug 3,014,474
Sep 3,388,140
Oct 3,788,174
Nov 4,154,514
Dec 4,582,866
Percent of budget expended 55.53%
$‐
$1
$2
$3
$4
$5
$6
Budget
Actual
Last Year
Page 33 of 36
City of Renton
Monthly Expenditure Analysis ‐ 2011 Budget Year
Debt Service Budget
YTD
Actual
Annual %
over (under)
Jan 4,600 4,600 0.00%
Feb 254,918 254,918 0.00%
Mar 390,380 390,380 0.00%
Apr 390,380 390,380 0.00%
May 390,380 390,380 0.00%
Jun 1,285,140 1,285,140 0.00%
Jul 1,285,140 1,285,140 0.00%
Aug 3,143,357
Sep 3,536,276
Oct 3,929,196
Nov 4,322,115
Dec 4,715,035
Percent of budget expended 27.26%
Non‐
Departmental YTD Annual % $5 00
Millions Non‐Departmental Other City Services
$‐
$2
$4
$6
$8
$10
$12
Millions Debt Service
Budget
Actual
Last Year
Other City Budget Actual over (under)
Jan 219,534 219,534 0.00%
Feb 1,557,092 1,557,092 0.00%
Mar 1,784,740 1,784,740 0.00%
Apr 2,214,722 2,214,722 0.00%
May 3,149,818 3,149,818 0.00%
Jun 3,412,280 3,412,280 0.00%
Jul 3,726,837 3,726,837 0.00%
Aug 3,898,288
Sep 3,962,582
Oct 3,980,441
Nov 3,983,715
Dec 3,984,013
Percent of budget expended 93.54%
$‐
$0.50
$1.00
$1.50
$2.00
$2.50
$3.00
$3.50
$4.00
$4.50
$5.00 Budget
Actual
Last Year
Page 34 of 36
City of Renton
Monthly Enterprise Fund Financial Report ‐ 2011 Budget Year
Utilities Budget Revenue Expense
Jan 3,430,390 4,058,961 2,857,743
Feb 7,860,086 8,549,030 7,011,826
Mar 11,116,422 13,634,112 11,834,545
Apr 17,408,265 18,015,133 15,336,879
May 21,535,365 22,882,500 18,961,840
Jun 29,848,986 27,295,181 25,779,962
Jul 37,504,616 32,465,110 30,257,045
Aug 41,995,045
Sep 47,230,328
Oct 52,727,982
Nov 57,440,986
Dec 64,992,510
Percent of budget expended 39.74%
Note: Operations and Capital
$0
$10
$20
$30
$40
$50
$60
$70
Millions Utilities
Budget
Revenue
Expense
$4 50
Millions Airport
Airport Budget Revenue Expense
Jan 218,852 209,097 131,908
Feb 498,982 403,084 236,317
Mar 755,905 600,802 352,561
Apr 985,741 829,701 480,730
May 1,254,433 1,015,908 580,136
Jun 1,548,024 1,267,422 777,458
Jul 1,778,232 1,465,484 906,102
Aug 2,062,285
Sep 2,401,670
Oct 3,216,748
Nov 3,508,481
Dec 4,129,277
Percent of budget expended 21.94%
Note: Operations and Capital
$‐
$0.50
$1.00
$1.50
$2.00
$2.50
$3.00
$3.50
$4.00
$4.50
Budget
Revenue
Expense
Page 35 of 36
City of Renton
Monthly Enterprise Fund Financial Report ‐ 2011 Budget Year
Golf Course Budget Revenue Expense
Jan 152,642 64,531 126,007
Feb 320,835 154,907 258,005
Mar 548,995 255,829 534,432
Apr 693,450 406,663 682,305
May 890,179 680,144 872,514
Jun 1,146,318 960,222 1,030,949
Jul 1,320,887 1,265,228 1,211,837
Aug 1,487,532
Sep 1,662,841
Oct 1,987,022
Nov 2,125,704
Dec 2,724,738
Percent of budget expended 44.48%
Note: Operations and Capital
$‐
$0.30
$0.60
$0.90
$1.20
$1.50
$1.80
$2.10
$2.40
$2.70
$3.00
Millions Golf Course
Budget
Revenue
Expense
Page 36 of 36