HomeMy WebLinkAbout201111, November.pdfFINANCE AND
INFORMATION TECHNOLOGY
M E M O R A N D U M
DATE: January 20, 2012
TO: Rich Zwicker, Council President
Members of the Renton City Council
CC: Denis Law, Mayor
Administrators
FROM: Hai Nguyen, Sr. Finance Analyst
SUBJECT: November 2011 Financial Status Report
At the end of November, general governmental revenues show $674k or 0.7% above budget.
On the positive side, we have $286k favorable property tax collection. Sales tax is $165k higher
than budget, which is attributable to one‐time activity that occurred in December 2010
(February 2011 sales tax receipt), the collection through the state’s sales tax Amnesty Program
and a 2011/2012 Mid‐Biennial Budget Adjustment that was approved in November. 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: real estate excise taxes ($404k); building permits & development service
fees ($263); interest earnings ($86k) (all three are due to lowering budget projections in the
mid‐biennial budget adjustment) and public safety ($78k, 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: interfund service charges
($258k below, which includes a correction that was processed in July); culture and recreation
service charges/fees ($109k below); other miscellaneous ($76k below) and fines and forfeitures
($68k below). Therefore, we believe the overall revenue collection will be very close to budget
for the year.
General government expenditures showed favorable variances of $4.1 million or 4.5%. $1.6
million of the saving is related to SCORE jail start up costs. Most of these savings are due to the
delayed payment of billing from SCORE (July through December invoices totalling $2.2 million
which will be paid in December). While we still expect to realize part of the savings this year, it
will 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 $120k 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 30,316,577 31,497,128 31,626,558 32,046,525 31,792,494 32,078,777 286,284 0.9%
Sales Tax 17,995,836 16,483,331 17,198,220 15,795,188 17,600,000 16,141,212 16,305,899 164,687 1.0%
Sales Tax ‐ Annexation Credit 2,132,110 1,784,145 2,025,660 1,860,875 2,070,588 1,902,148 1,864,549 (37,599) ‐2.0%
Criminal Justice Sales Tax 1,650,350 1,520,057 1,620,479 1,489,606 1,804,005 1,658,310 1,664,620 6,310 0.4%
Natural Gas Use Tax 242,891 218,951 228,514 212,031 258,750 240,087 233,040 (7,047) ‐2.9%
Admission Tax 260,269 260,269 291,399 291,399 350,000 350,000 308,200 (41,800) ‐11.9%
Franchise Fees 1,039,031 1,039,031 1,222,444 1,177,275 1,260,000 1,213,444 1,187,337 (26,107) ‐2.2%
Electricity Tax 4,963,151 4,535,698 5,036,907 4,543,890 5,148,000 4,644,109 4,658,706 14,598 0.3%
Natural Gas Utility Tax 1,891,255 1,728,070 1,577,756 1,373,970 1,950,000 1,698,134 1,637,345 (60,789) ‐3.6%
Transfer Station 283,985 237,829 269,912 263,595 238,050 232,479 274,190 41,711 17.9%
TV Cable 1,263,743 1,146,478 1,296,744 1,174,364 1,366,200 1,237,266 1,265,493 28,227 2.3%
Telephone 1,037,873 950,599 1,038,009 961,905 1,000,000 926,683 896,516 (30,167) ‐3.3%
Cellular Phone 2,027,473 1,749,181 2,206,637 2,048,458 2,202,000 2,044,153 1,930,887 (113,267) ‐5.5%
City Utilities 2,871,599 2,631,892 2,853,884 2,617,783 3,477,600 3,189,900 3,227,799 37,900 1.2%
Leasehold Excise Tax 146,002 104,957 138,830 104,082 145,000 108,708 123,748 15,041 13.8%
Gambling Excise Tax 2,141,720 2,003,741 1,546,386 1,426,905 1,600,000 1,476,376 1,500,517 24,141 1.6%
Real Estate Excise Tax 2,418,456 2,296,843 2,464,489 2,046,564 1,890,000 1,597,979 1,908,728 310,749 19.4%
Less: Municipal Facilities CIP REET (1,000,000) (1,000,000) (400,000) (434,525) (400,000) (434,525) (340,844) 93,681 ‐21.6%
EMS Levy 1,170,657 975,548 1,161,114 870,794 950,921 727,762 727,762 ‐ 0.0%
Business License Fees 424,413 420,491 431,782 429,698 463,067 460,832 447,230 (13,602) ‐3.0%
Other Licenses and Permits 176,851 152,211 262,629 232,391 210,255 186,048 186,886 838 0.5%
Building Permits & Development Svc Fees 2,361,037 2,057,719 2,437,270 2,267,458 2,463,702 2,293,463 2,556,395 262,932 11.5%
Intergovt'l (Grants, State Shared, etc) 3,820,932 3,611,475 4,426,676 3,991,060 5,912,740 3,794,533 3,828,783 34,250 0.9%
Fire District 25 and 40 Contracts 5,869,198 5,869,198 5,252,877 5,252,877 5,928,462 5,982,201 5,982,201 ‐ 0.0%
Public Safety 521,484 473,137 482,343 409,009 426,081 361,301 438,838 77,537 21.5%
Culture and Recreation 1,631,486 1,557,644 1,424,932 1,359,462 1,628,486 1,553,664 1,444,650 (109,015) ‐7.0%
Interfund/Interdept‐Services 3,225,745 2,952,146 3,190,908 2,907,085 3,314,653 3,019,822 2,761,852 (257,971) ‐8.5%
Fines and Forfeits 1,349,034 1,159,539 1,291,817 1,098,650 1,088,750 929,832 985,088 55,256 5.9%
Photo Enforcement 2,368,131 2,184,653 1,925,159 1,770,040 1,900,908 1,747,742 1,716,724 (31,018) ‐1.8%
Seizure Funds ‐ Federal/State/Local 99,844 99,844 221,046 214,093 180,693 175,009 83,220 (91,790) ‐52.4%
Interests and Other Earnings 535,314 487,560 327,558 303,077 195,400 180,796 266,863 86,066 47.6%
Rents, Leases, and Concessions 677,960 643,713 727,338 695,028 705,929 674,570 685,910 11,341 1.7%
Contributions and Donations 150,406 130,706 133,756 129,404 168,875 163,381 181,939 18,558 11.4%
Other Miscellaneous 355,086 236,744 290,239 269,038 394,361 330,836 255,268 (75,568) ‐22.8%
Other Financing Sources (Transfer‐In, etc) 578,206 538,097 653,595 653,532 1,066,061 699,192 699,192 ‐ 0.0%
Total Operating Revenues 97,342,052 91,558,074 96,754,435 91,432,617 101,006,062 93,299,939 93,974,306 674,367 0.7%
OPERATING EXPENDITURES
Legislative 247,225 226,037 259,345 236,316 276,567 252,426 248,619 3,808 1.5%
Executive 1,499,747 1,375,285 1,578,526 1,450,539 1,478,297 1,357,062 1,373,408 (16,347) ‐1.2%
City Clerk 646,581 586,905 789,209 735,170 786,947 724,620 681,965 42,655 5.9%
Hearing Examiner 171,911 157,203 174,447 159,823 170,717 156,260 55,588 100,671 64.4%
City Attorney 1,248,380 1,223,305 1,565,597 1,432,643 1,588,429 1,499,225 1,454,358 44,867 3.0%
Court Services 1,819,731 1,667,572 2,007,599 1,825,471 2,134,452 1,948,024 1,901,814 46,210 2.4%
Community and Eco Dvlpmnt Admin 265,269 244,414 579,396 531,470 926,674 851,215 852,682 (1,467) ‐0.2%
Development Services 3,615,129 3,332,013 2,946,413 2,690,391 3,137,985 2,880,148 2,575,597 304,550 10.6%
Economic Development 1,244,175 1,141,752 1,322,004 1,201,408 1,703,326 1,555,294 662,278 893,016 57.4%
Planning 1,525,460 1,348,339 1,774,508 1,601,519 1,533,697 1,370,979 1,324,065 46,914 3.4%
Finance 1,969,936 1,826,162 2,214,458 1,712,099 2,088,212 1,765,760 1,701,582 64,179 3.6%
Human Resources 853,063 773,893 861,221 772,857 973,851 878,678 803,493 75,185 8.6%
Police 22,515,895 20,643,910 23,946,386 21,921,819 24,508,179 22,452,804 22,471,849 (19,045) ‐0.1%
Jail Services 3,317,861 2,903,356 3,539,035 2,997,753 6,503,114 5,596,642 3,950,206 1,646,435 29.4%
Fire 20,378,891 18,709,163 21,554,792 19,765,276 22,840,643 20,956,445 20,660,951 295,494 1.4%
Community Services Admin 1 4,459,381 4,090,919 1,063,011 974,590 409,872 375,962 376,608 (647) ‐0.2%
Parks 3,894,745 3,479,576 3,421,424 3,134,627 3,911,658 3,536,345 3,513,912 22,434 0.6%
Parks Planning & Natural Resources ‐ ‐ 448,574 402,085 578,646 518,677 510,697 7,979 1.5%
Recreation 4,374,668 4,067,596 4,433,420 4,069,411 5,189,972 4,794,553 4,581,590 212,962 4.4%
Human Services 1,194,142 1,024,652 1,326,778 1,123,568 1,369,157 1,166,737 1,084,769 81,968 7.0%
Neighborhoods, Resources, & Events 348,185 270,086 331,222 271,220 685,003 545,765 516,616 29,149 5.3%
Library 2,321,878 1,854,158 2,289,692 2,287,744 2,030,000 2,027,619 2,027,619 ‐ 0.0%
Museum 140,801 129,542 191,090 175,177 207,513 190,524 192,989 (2,465) ‐1.3%
Public Works Admin 1 942,026 860,000 514,858 471,654 450,620 411,886 414,834 (2,949) ‐0.7%
Street Maintenance 3,794,716 3,468,484 3,412,892 3,092,938 3,675,414 3,345,901 3,248,591 97,310 2.9%
Transportation 5,110,639 4,698,057 5,215,309 4,662,744 4,585,762 4,157,139 4,054,370 102,770 2.5%
Debt Service 4,176,822 1,165,568 4,707,100 1,527,734 4,891,489 1,556,640 1,556,640 ‐ 0.0%
Non‐Departmental and Other 5,126,072 3,648,790 4,834,296 2,890,028 4,684,013 4,673,927 4,673,927 ‐ 0.0%
Total Operating Expenditures 97,203,328 84,916,734 97,302,601 84,118,075 103,320,205 91,547,256 87,471,619 4,075,637 4.5%
Total Ending Fund Balance 11,955,285$ 18,457,901$ 11,407,119$ 19,269,827$ 9,092,976$ 13,159,802$ 17,909,807$ 4,750,005 36.1%
1Facilities was included in Community Services Admin and Technical Services was included in Public Works Admin in 2009
Favorable (Unfavorable)
2009 2010 2011 Variance
Annual Actual YTD Actual Annual Budget YTD Budget YTD ActualSummary of Sources and Uses Annual Actual YTD Actual
Monthly Financial Report November 2011
Page 1 of 36
Monthly Financial Report November 2011
OVERVIEW
This financial overview reflects the City’s overall financial position for the fiscal year through November 30, 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
November’s collection is $7.3
million, making the total year‐to‐
date collection $32.1 million or
100% of the total budget. In
comparison to the previous year,
the City collected $452k or 1%
more. Compared to the budget,
the City is above projections by
$286k or 1%. The City has met the
2011 budget for property taxes.
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
November 2011 sales tax receipts
totalled $1.5 million. Compared to the
same month last year, it is $337 more.
Compared to the projected current
month’s budget, it is $8k or 1% below.
The year‐to‐date collection is $16.3
million or 93% of the sales tax budget.
November’s collection also includes a
negative $35k adjustment from the
Washington State Department of
Revenue (DOR). There was an error in
distribution for July’s collection and
the correction was made in
November’s distribution. The error
was actually less than projected
($55k). The City projects sales tax
revenues to meet the budget projection at year‐end.
2010 2011 2011
Actual Budget Actual $ % $ %
Jan 218,705$ 222,520$ 505,501$ 286,797$ 131% 282,982$ 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% (62,024) ‐53%
Jul 87,952 89,486 112,076 24,124 27% 22,590 25%
Aug 149,160 151,761 25,954 (123,205) ‐83% (125,807) ‐83%
Sep 491,642 500,217 467,946 (23,696) ‐5% (32,271) ‐6%
Oct 7,060,074 7,183,221 7,014,860 (45,214) ‐1% (168,361) ‐2%
Nov 7,288,083 7,029,489 7,348,025 59,942 1% 318,536 5%
Dec (129,429) 254,031
YTD Total 31,626,558$ 31,792,494$ 32,078,777$ 452,220$ 1% 286,284$ 1%
Annual Total 31,497,128$ 32,046,525$
Property Tax Revenues
Year to Date through November
2011 vs. 2010 2011 vs. Budget
Month
2010 2011 2011
Actual Budget Actual $ % $ %
Jan 1,289,364$ 1,395,703$ 1,339,658$ 50,295$ 4% (56,044)$ ‐4%
Feb 1,728,588 1,723,520 1,982,269 253,682 15% 258,749 15%
Mar 1,289,589 1,329,097 1,299,237 9,648 1% (29,860) ‐2%
Apr 1,461,123 1,337,774 1,254,867 (206,257) ‐14% (82,907) ‐6%
May 1,499,335 1,512,705 1,590,780 91,446 6% 78,075 5%
Jun 1,382,049 1,404,663 1,368,213 (13,835) ‐1% (36,450) ‐3%
Jul 1,309,429 1,407,530 1,437,859 128,430 10% 30,329 2%
Aug 1,470,881 1,528,942 1,534,218 63,337 4% 5,276 0%
Sep 1,408,876 1,458,786 1,472,399 63,523 5%13,613 1%
Oct 1,447,338 1,525,451 1,517,444 70,106 5% (8,007) ‐1%
Nov 1,508,617 1,517,042 1,508,954 337 0% (8,088) ‐1%
Dec 1,403,032 1,458,788 ‐
YTD Total 15,795,188$ 16,141,212$ 16,305,899$ 510,711$ 3% 164,687$ 1%
Annual Total 17,198,220$ 17,600,000$
2011 vs. Budget2011 vs. 2010
Month
Year to Date through November
Local Retail Sales Tax Revenues
Page 2 of 36
Monthly Financial Report November 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 2,064,255$ 1,549,941$ 1,454,445$ (609,810)$ ‐30%$ (95,497)‐6%
Auto Sales 2,781,167 3,180,908 2,912,290 131,122 5% (268,618)‐8%
General Retail 5,519,826 5,693,217 5,619,760 99,934 2% (73,457)‐1%
Manufacturing 717,767 759,637 983,620 265,853 37% 223,983 29%
Wholesale 846,718 984,497 1,019,600 172,882 20% 35,102 4%
Service 3,386,991 3,473,795 3,644,507 257,515 8% 170,712 5%
Other 478,464 499,217 671,679 193,215 40% 172,462 35%
Total 15,795,188$ 16,141,212$ 16,305,899$ 510,711$ 3%164,687$ 1%
Note: Excludes Annexation Credit and Criminal Justice Sales Tax revenue.
Utility tax
November utility tax revenues are
$1.2 million, which is $120k or 11%
higher than the same month last year
and also ahead of the budget by $42k
or 4%. The year‐to‐date collection is
$14.1 million, which is $928k or 7%
higher than the prior year but is $89k
or 1% lower than the budget. Based
on collections so far the City is
projecting utility taxes to be slightly
under (less than 1%) the 2011 budget
at the end of the year.
The table below breaks out Utility Tax by source.
Utility Tax by Type 2010 2011 Bgt YTD Act Change 2011/2010 2011 Act vs Bgt
Electrical 4,543,890$ 4,644,109$ 4,658,706$ 114,816$ 3%$ 14,598 0%
Natural Gas 1,586,001 1,938,221 1,870,385 284,383 18% (67,836)‐3%
Cell 2,048,458 2,044,153 1,930,887 (117,571) ‐6% (113,267)‐6%
Phone 961,905 926,683 896,516 (65,390) ‐7% (30,167)‐3%
Cable 1,174,364 1,237,266 1,265,493 91,128 8% 28,227 2%
Transfer Station 263,595 232,479 274,190 10,595 4% 41,711 18%
City Utilities 2,617,783 3,189,900 3,227,799 610,016 23% 37,900 1%
YTD Total 13,195,997$ 14,212,809$ 14,123,975$ 927,979$ 7%(88,834)$ ‐1%
Annual Total 14,508,363$ 15,640,600$
YTD as % of 91% 91%
2010 2011 2011
Actual Budget Actual $ % $ %
Jan 1,392,232$ 1,514,130$ 1,363,023$ (29,209)$ ‐2% (151,107)$ ‐10%
Feb 1,245,631 1,351,535 1,448,275 202,644 16% 96,741 7%
Mar 1,295,732 1,394,248 1,480,840 185,108 14% 86,593 6%
Apr 1,260,110 1,366,101 1,370,718 110,608 9% 4,617 0%
May 1,231,700 1,321,537 1,291,530 59,830 5% (30,007) ‐2%
Jun 1,165,188 1,253,419 1,203,475 38,287 3% (49,944) ‐4%
Jul 1,140,413 1,222,850 1,188,526 48,113 4% (34,324) ‐3%
Aug 1,131,693 1,215,540 1,165,863 34,170 3% (49,677) ‐4%
Sep 1,082,231 1,162,150 1,176,526 94,295 9%14,377 1%
Oct 1,138,457 1,220,391 1,202,559 64,101 6% (17,833) ‐1%
Nov 1,112,608 1,190,911 1,232,640 120,032 11% 41,730 4%
Dec 1,312,366 1,427,791
YTD Total 13,195,997$ 14,212,809$ 14,123,975$ 927,979$ 7% (88,834)$ ‐1%
Annual Total 14,508,363$ 15,640,600$
2011 vs. Budget2011 vs. 2010
Year to Date through November
Utility Tax Revenues
Month
Page 3 of 36
Monthly Financial Report November 2011
Other Taxes
Real Estate Excise Tax
The City collected $190k in Real Estate
Excise Tax revenues (REET) in
November. This is $180k or 115% above
the current month’s budget and $133k
or 65% ahead of the same month last
year. The year‐to‐date collection is $1.9
million, which is $138k or 7% less than
the prior year but is $311k or 19% above
the budget. The short fall (from the
prior year) is due to lower real estate
activity for 2011. The City has met the
2011 budget for REET.
Gambling Tax
November’s Gambling Tax
collections total $139k. Year‐to‐
date total of $1.5 million is $74k
or 5% above the year before and
is also $24k or 2% above budget.
The decrease in October’s
collection from the previous
months is due to payment plans
with two establishments to remit
their portions by the end of the
year. The City projects Gambling
Tax collections to meet the 2011
budget by year‐end.
Pull tabs overall had a 0% change,
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 $1.2 million or 94%
of the budget. This is $19k or 2%
below the projected year‐to‐date
budget but is $17k or 1% higher
than 2010. January’s budget
variance is due to receipting $45k
of January 2011’s revenues in
December 2010.
2010 2011 2011
Actual Budget Actual $ % $ %
Jan 71,303$ 54,768$ 161,911$ 90,608$ 127% 107,143$ 196%
Feb 107,242 82,373 99,677 (7,565) ‐7% 17,304 21%
Mar 309,164 237,400 141,700 (167,464) ‐54% (95,700) ‐40%
Apr 281,746 216,356 110,987 (170,759) ‐61% (105,369) ‐49%
May 216,814 166,705 157,519 (59,295) ‐27% (9,185) ‐6%
Jun 191,741 147,456 228,506 36,765 19% 81,051 55%
Jul 149,706 115,129 117,567 (32,140) ‐21% 2,437 2%
Aug 209,369 161,007 159,524 (49,846) ‐24% (1,484) ‐1%
Sep 123,054 94,602 205,753 82,699 67% 111,151 117%
Oct 183,333 166,000 189,691 6,358 3% 23,692 14%
Nov 203,091 156,184 335,893 132,803 65% 179,710 115%
Dec 417,925 292,021
YTD Total 2,046,564$ 1,597,979$ 1,908,728$ (137,835)$ ‐7% 310,749$ 19%
Annual Total 2,464,489$ 1,890,000$
Real Estate Excise Tax Revenues
Year to Date through November
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 138,563 143,368 144,161 5,597 4% 793 1%
Sep 105,323 108,974 125,618 20,296 19%16,644 15%
Oct 126,396 130,779 92,937 (33,459) ‐26% (37,841) ‐29%
Nov 121,757 125,978 139,018 17,261 14% 13,040 10%
Dec 119,481 123,624 ‐
YTD Total 1,426,905$ 1,476,376$ 1,500,517$ 73,612$ 5% 24,141$ 2%
Annual Total 1,546,386$ 1,600,000$
Year to Date through November
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 289,316 298,204 292,692 3,377 1% (5,512) ‐2%
Dec 45,169 46,556 ‐
YTD Total 1,177,275$ 1,213,444$ 1,187,337$ 16,752$ 1% (19,211)$ ‐2%
Annual Total 1,222,444$ 1,260,000$
Month
2011 vs. 2010 2011 vs. Budget
Franchise Fees Revenue
Ye ar to Date through November
Page 4 of 36
Monthly Financial Report November 2011
Admission Tax
Admission Tax returns are due
quarterly in January, April, July,
and October each year. October
2011 collections represent
activities conducted during the 3rd
quarter of 2011.
The report shows an increase of
$17k or 6% from the year before
but a $41k or 12% less than
anticipated.
Licenses and Permits
Building Permits and Development Service Fees
Building Permits and Development Service
Fee revenues totalled $229k in November.
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 $2.6
million is $289k or 13% more than 2010 and
is also $263k or 11% higher than budget.
The City has met the 2011 budget for
Building Permits and Development Service
Fees.
Business Licenses
Business Licenses totalled $26k for November,
which is $3k or 16% above the same month last
year and is also $2k or 8% above the current
month’s budget. The year‐to‐date Business
Licenses revenue is under the budget by $14k
or 3% and but is $18k or 4% above last year.
2010 2011 2011
Actual Budget Actual $ % $ %
Jan 74,777$ 89,814$ 70,405$ (4,372)$ ‐6% (19,410)$ ‐22%
Feb 459 552 477 18 4% (75) ‐14%
Apr 66,119 79,416 63,582 (2,538) ‐4% (15,834) ‐20%
May ‐ ‐ 407 407 100% 407 100%
Jul 76,024 91,313 86,024 10,000 13% (5,289) ‐6%
Aug 485 582 1,194 710 147% 612 105%
Oct 73,073 87,768 86,112 13,039 18% (1,656) ‐2%
Nov 462 555 ‐
YTD Total 291,399$ 350,000$ 308,200$ 17,263$ 6%(41,245)$ ‐12%
Annual Total 291,399$ 350,000$
Month
2011 vs. 2010 2011 vs. Budget
Admission Tax Revenue
Year to Date through November
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 18,393 3,611 24% 2,540 16%
Sep 4,475 4,799 4,135 (340) ‐8% (664) ‐14%
Oct 83,639 89,699 95,874 12,236 15% 6,175 7%
Nov 22,288 23,903 25,757 3,469 16% 1,854 8%
Dec 2,084 2,235 ‐
YTD Total 429,698$ 460,832$ 447,230$ 17,532$ 4% (13,602)$ ‐3%
Annual Total 431,782$ 463,067$
Business Licenses
Month
2011 vs. 2010
Year to Date through November
2011 vs. Budget
2010 2011 2011
Actual Budget Actual $ % $ %
Jan 394,165$ 408,578$ 132,621$ (261,545)$ ‐66% (275,957)$ ‐68%
Feb 93,037 92,675 141,672 48,634 52% 48,997 53%
Mar 172,096 172,074 265,782 93,686 54% 93,708 54%
Apr 180,514 186,449 190,534 10,020 6% 4,086 2%
May 221,843 220,076 239,018 17,175 8% 18,942 9%
Jun 210,810 216,938 215,975 5,165 2% (963) 0%
Jul 319,462 311,593 211,760 (107,701) ‐34% (99,833) ‐32%
Aug 167,001 174,129 393,797 226,796 136% 219,668 126%
Sep 158,882 164,466 321,961 163,079 103% 157,495 96%
Oct 223,901 216,765 213,930 (9,972) ‐4% (2,836) ‐1%
Nov 125,748 129,721 229,347 103,600 82% 99,626 77%
Dec 169,811 170,239
YTD Total 2,267,458$ 2,293,463$ 2,556,395$ 288,937$ 13% 262,932$ 11%
Annual Total 2,437,270$ 2,463,702$
Building Permits and Development Service Fees
Year to Date through November
2011 vs. Budget2011 vs. 2010
Month
Page 5 of 36
Monthly Financial Report November 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 88%
of the total revenues in this category. The year‐to‐date total Intergovernmental revenue is $11.5 million or 84% of the
budget. All grant revenues also have corresponding expenditures which was added to the City’s budget through the 2011
carry forward, 2nd quarter budget adjustment and 2011 Year‐End budget adjustment (2011/2012 Mid‐Biennial budget
adjustment).
State Shared Revenues
State Shared Revenue
collections totalled $4.1 million
since the start of 2011.
Compared to the projected
budget, State Shared Revenues
are above by $41k or 1%.
Compared to the prior year,
the City is collecting $304k or
8% 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 $5.6 million or 88% of
the budget. This is 4% below budget projections. The following sections provide detail information for Public Safety,
Recreation, and Interfund Services.
Public Safety Services
Public Safety Services totalled $439k 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 $78k or 21%
more than anticipated revenue. Compared to
the prior year, the City is collecting $30k or 7%
more. The City has met the 2011 budget for
Public Safety Services.
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 35,891 1,684 5% 5,674 19%
Sep 42,316 37,380 30,743 (11,573) ‐27% (6,637) ‐18%
Oct 39,487 34,881 34,756 (4,731) ‐12% (125) 0%
Nov 24,065 21,258 42,944 18,879 78% 21,686 102%
Dec 73,334 64,780 ‐
YTD Total 409,009$ 361,301$ 438,838$ 29,829$ 7% 77,537$ 21%
Annual Total 482,343$ 426,081$
Month
2011 vs. 2010
Year to Date through November
Public Safety Services
2011 vs. Budget
Intergovernmental 2010 2011 Bgt YTD Act Change 2011/2010 2011 Act vs Bgt
Fire District #25 3,040,589$ 1,349,353$ 1,349,353$ (1,691,236)$ ‐56% $ ‐ 0%
Fire District #40 2,212,289 4,632,848 4,632,848 2,420,559 109%‐ 0%
State Shared Revenue 3,787,850 4,050,901 4,091,461 303,611 8% 40,559 1%
Federal Grants 608,559 588,555 588,555 (20,004) ‐3%‐ 0%
State Grants 210,241 140,420 140,420 (69,821) ‐33%‐ 0%
Other Grants/Intgovt 202,222 143,550 143,550 (58,671) ‐29%‐ 0%
ARRA Grants 671,795 529,417 529,417 (142,378) ‐21%‐ 0%
Total Rev YTD 10,733,543$ 11,435,044$ 11,475,604$ 742,061$ 7%40,559$ 0%
Total Rev Annual 11,300,032$ 13,645,207$
YTD %95% 84% 84%
Note: Includes CJ Sales Tax.
2010 2011 2011
Actual Budget Actual $ % $ %
Crim Just Sales Tax 1,489,606$ 1,658,310$ 1,664,620$ 175,014$ 12% 6,310$ 0%
Judicial Contribution 28,507 12,000 22,468 (6,039)$ ‐21% 10,468 87%
Crim Just ‐ High Crime 93,492 186,265 188,543 95,051 102% 2,278 1%
Crim Just ‐ Pop 18,818 ‐ 19,922 1,104 6% 19,922 100%
Crim Just ‐ Spec Prog 71,284 67,089 75,211 3,927 6% 8,122 12%
State DUI 15,677 14,888 18,973 3,296 21% 4,085 27%
Liquor Profits 514,215 494,182 485,460 (28,754) ‐6% (8,722) ‐2%
Liquor Excise Tax 419,052 450,000 440,422 21,370 5% (9,578) ‐2%
Fuel Tax 1,137,199 1,168,167 1,175,841 38,642 3% 7,675 1%
YTD Total 3,787,850$ 4,050,901$ 4,091,461$ 303,611$ 8% 40,559$ 1%
Annual Total 4,189,298$ 4,463,808$
Year to Date through November
State Shared Revenues
2011 vs. 2010
Revenue
2011 vs. Budget
Page 6 of 36
Monthly Financial Report November 2011
Recreation
Recreation revenues totalled $78k for the
current month. Compared to the
projected monthly budget, the City
collected $18k or 31% more. Compared
to the same month the prior year, the
City collected $26k or 50% more. The
year‐to‐date collection of $1.4 million is
$85k or 6% more than the prior year but
is $109k or 7% less than the budget. The
City is projecting Recreation revenues to
be slighting under the 2011 budget by
year‐end. The budget variance is due to a
warmer June and July of 2010 than this
year.
Interfund Services
The year‐to‐date collections for Interfund
Services revenues are $2.8 million.
Compared to the projected budget, the
revenues are below by $258k or 9%.
Compared to the prior year, the revenues
are under by $145k or 5%. The majority
of these revenues are related to indirect
cost allocations, which are internal
administrative costs. The remaining costs
consist of Development Services
division’s inspection fees, Transportation
division’s capital investment program
reimbursements, and Maintenance
division’s street maintenance
reimbursements. The budget variance is
mainly due to lower than expected staff’s
(Construction Inspectors/Engineers) time
spent on various capital investment programs/projects.
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 $2.8 million. This is $321k or 10%
lower than a year ago and also $93k or
3% below the budget. This difference is
mainly due to $92k lower than budgeted
Seizure Funds received this year. The use
of Seizure Funds is restricted to drug
enforcement only and is not available for
general operating purposes.
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 248,584 258,224 229,627 (18,957) ‐8% (28,597) ‐11%
Sep 238,713 247,970 237,006 (1,707) ‐1% (10,964) ‐4%
Oct 241,403 250,765 270,340 28,937 12% 19,575 8%
Nov 255,986 265,913 266,859 10,873 4% 946 0%
Dec 283,824 294,831 ‐
YTD Total 2,907,085$ 3,019,822$ 2,761,852$ (145,233)$ ‐5% (257,971)$ ‐9%
Annual Total 3,190,908$ 3,314,653$
Interfund Services
Year to Date through November
2011 vs. 2010 2011 vs. Budget
Month
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 319,267 286,019 184,473 (134,794) ‐42% (101,546) ‐36%
Sep 231,632 208,702 181,000 (50,632) ‐22% (27,702) ‐13%
Oct 267,539 247,930 300,431 32,893 12% 52,502 21%
Nov 314,160 297,164 297,580 (16,580) ‐5% 416 0%
Dec 352,044 317,767
YTD Total 3,080,324$ 2,852,584$ 2,759,554$ (320,770)$ ‐10% (93,030)$ ‐3%
Annual Total 3,432,368$ 3,170,351$
2011 vs. Budget2011 vs. 2010
Year to Date through November
Fines and Penalties by Month
Month
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 181,356 207,263 254,060 72,704 40% 46,797 23%
Sep 111,952 127,945 142,253 30,300 27% 14,308 11%
Oct 77,544 88,621 83,540 5,996 8% (5,081) ‐6%
Nov 51,672 59,054 77,528 25,856 50% 18,475 31%
Dec 65,469 74,822 ‐
YTD Total 1,359,462$ 1,553,664$ 1,444,650$ 85,187$ 6% (109,015)$ ‐7%
Annual Total 1,424,932$ 1,628,486$
Recreation
Year to Date through November
2011 vs. Budget2011 vs. 2010
Month
Page 7 of 36
Monthly Financial Report November 2011
Year to Date through November
2010 2011 2011
Actual Budget Actual $ % $ %
Civil Penalties 14,395$ 13,292$ 9,293$ (5,102)$ ‐35% (3,999)$ ‐30%
Civil Infraction Penalties 733,686 663,159 614,052 (119,634) ‐16% (49,107) ‐7%
Civil Parking Infraction Penalties 127,334 131,050 117,679 (9,655) ‐8% (13,371) ‐10%
Photo Enforcement Program 1,770,040 1,747,742 1,716,724 (53,315) ‐3% (31,018) ‐2%
Criminal Traffic Misdemeanor Fines 84,177 76,999 85,210 1,033 1% 8,211 11%
Criminal Non‐Traffic Fines 33,062 33,688 25,679 (7,384) ‐22% (8,009) ‐24%
Criminal Costs 92,116 9,655 106,487 14,371 16% 96,832 1003%
Seizure Funds ‐ Federal/State/Local 214,093 175,009 83,220 (130,873) ‐61% (91,790) ‐52%
Non‐Court Fines, Forfeitures and Penalties 11,421 1,990 1,210 (10,211) ‐89% (780) ‐39%
YTD Total 3,080,324$ 2,852,584$ 2,759,554$ (320,770)$ ‐10% (93,030)$ ‐3%
Annual Total 3,432,368$ 3,170,351$
Revenue
2011 vs. Budget
Fines and Penalties by Type
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 $1.7 million. The associated
costs includes the equipment provided by American
Traffic Solutions, Inc. (ATS), dedicated 2 FTEs in the
Court Services Department to process the increased
caseload and 1.1 FTEs in the Police Department for
support services. This staff time, along with a 90%
pro tem budget and interpreter costs amounts to
$362k for personnel costs. The total costs for the
program equates to $842k which is represented in
the table.
Miscellaneous
This revenue source reflects the collection of
interest and other earnings, rents, leases,
and concessions, contributions, and
donations from private sources, and other
miscellaneous revenues. Interest and other
earnings along with rents, leases, and
concessions constitute 80% of the total
revenue in this category. The year‐to‐date
total miscellaneous is $1.2 million.
Compared to the projected year‐to‐date
budget, the revenues are over by $40k or
4%. Compared to last year, the revenues are
under by $26k or 2%. The table on the next
page breaks out Miscellaneous revenues by
type:
2010 2011 2011
Actual Budget Actual $ % $ %
Jan 170,998$ 164,376$ 143,105$ (27,892)$ ‐16% (21,271)$ ‐13%
Feb 86,124 79,155 70,237 (15,887) ‐18% (8,918) ‐11%
Mar 115,122 114,106 99,131 (15,990) ‐14% (14,975) ‐13%
Apr 99,376 91,398 74,048 (25,327) ‐25% (17,349) ‐19%
May 101,909 90,764 97,083 (4,826) ‐5% 6,319 7%
Jun 148,339 145,508 145,018 (3,321) ‐2% (490) 0%
Jul 158,134 151,496 173,878 15,744 10% 22,381 15%
Aug 93,081 84,204 133,570 40,489 43% 49,366 59%
Sep 110,810 111,622 97,973 (12,837) ‐12% (13,649) ‐12%
Oct 73,018 66,319 75,425 2,406 3% 9,106 14%
Nov 56,175 47,735 77,427 21,252 38% 29,692 62%
Dec 56,503 86,663
YTD Total 1,213,085$ 1,146,683$ 1,186,896$ (26,189)$ ‐2% 40,213$ 4%
Annual Total 1,269,588$ 1,233,347$
Year to Date through November
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 96,296 56,688 67,751 28,545
Sep 90,979 81,830 71,527 67,385 14,444
Oct 158,357 142,280 71,420 67,358 74,921
Nov 208,633 206,328 71,884 67,891 138,437
Dec 153,166 ‐ 72,273 ‐ ‐
YTD Total 1,747,742$ 1,716,724$ 769,691$ 745,796$ 970,928$
Annual Total 1,900,908$ 841,964$
1Actuals of Revenues and Expenses
Revenues Expenses
Photo Enforcement Program
Year to Date through November
Month
Page 8 of 36
Monthly Financial Report November 2011
2010 2011 2011
Actual Budget Actual $ % $ %
Interests and Other Earnings 303,077$ 180,796$ 266,863$ (36,214)$ ‐12% 86,066$ 48%
Rents, Leases, and Concessions 695,028 674,570 685,910 (9,117) ‐1% 11,341 2%
Contributions/Donations from Private Sources 129,404 163,381 181,939 52,534 41% 18,558 11%
Other 85,576 127,937 52,185 (33,392) ‐39% (75,752) ‐59%
YTD Total 1,213,085$ 1,146,683$ 1,186,896$ (26,189)$ ‐2% 40,213$ 4%
Annual Total 1,269,588$ 1,233,347$
2011 vs. Budget
Miscellaneous Revenues by Type
Year to Date through November
Revenue
2011 vs. 2010
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 85% of its budgeted general governmental expenditures at the end of November. This is $4.1
million or 4.5% 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.
The Executive Department is over budget by $16k or 1.2%. This is mainly due to over spending on public defenders and
under spending other contracted services.
The Library Division of the Community Services Department is over budget by $2k or 1.3%. This is due to under budgeting
in salaries and benefits for regular and intermittent employees.
Page 9 of 36
Monthly Financial Report November 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 ‐ ‐ ‐ ‐ 36,625 36,100 ‐
Grants / intergovernmental 163,844 ‐ 122,607 228,086 ‐ 593,184 ‐
Charges for services 98,381 1,624,043 13,673,408 11,621,774 7,107,016 6,274,267 12,112,750
Interdepartmental services ‐ ‐ 723 191,531 162,954 440,785 ‐
Fines and penalties ‐ ‐ ‐ ‐ ‐ ‐ ‐
Rents, leases, and misc fees 2,115,810 329,278 72,000 129,289 ‐ ‐ ‐
Interest and other misc 10,624 7,305 13,194 462,254 262,997 230,781 3,971
TOTAL REVENUES 2,388,659 1,960,626 13,881,932 12,632,934 7,569,592 7,575,117 12,116,721
EXPENSES:
Utility billing ‐ ‐ 104,754 110,789 76,517 124,789 ‐
Utility systems ‐ ‐ 12,164,974 2,572,922 2,257,605 1,941,516 ‐
Utility maintenance ‐ ‐ 256,185 4,099,024 1,202,683 1,591,434 11,663,134
Transportation 1,070,043 ‐ ‐ ‐ ‐ ‐ ‐
Golf ‐ 1,603,219 ‐ ‐ ‐ ‐ ‐
TOTAL EXPENSES 1,070,043 1,603,219 12,525,913 6,782,735 3,536,805 3,657,739 11,663,134
AMOUNT AVAILABLE FOR DEBT SERVICE 1,318,616 357,407 1,356,019 5,850,199 4,032,787 3,917,378 453,587
DEBT SERVICE:
Principal 91,679 9,984 ‐ 1,048,425 722,526 138,340 ‐
Interest and other debt service costs 13,525 127 ‐ 453,878 233,784 188,482 ‐
TOTAL DEBT SERVICE 105,204 10,111 ‐ 1,502,303 956,310 326,822 ‐
CAPITAL PROJECTS 526,812 136,137 ‐ 2,648,091 2,160,158 1,957,512 ‐
TRANSFERS I N/(OUT)(8,848) (656) (1,106) (1,106) (1,106) (24,632) ‐
CHANGE IN FUND BALANCE 677,752 210,503 1,354,913 1,698,699 915,213 1,608,412 453,587
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, November 30, 2011 2,039,101 1,099,107 2,316,701 8,474,226 1,596,829 4,882,275 1,125,203
Page 10 of 36
Monthly Financial Report November 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 ‐ 79,590 ‐ ‐ ‐ ‐ ‐
Grants / intergovernmental ‐ 48,144 150,281 ‐ ‐ ‐ 37,673
Charges for services
Equipment rental m&o 2,002,719 1,898,636 ‐ ‐ ‐ ‐ ‐
Telecommunications ‐ 348,133 ‐ ‐ ‐ ‐ ‐
Print and mail ‐ 97,802 ‐ 360,059 ‐ ‐ ‐
Communications ‐ ‐ ‐ 527,859 ‐ ‐ ‐
Facilities ‐ ‐ 3,773,912 ‐ ‐ ‐ ‐
Data cards and cell phones ‐ 137,633 ‐ ‐ ‐ ‐ ‐
IT service contracts ‐ 287,484 ‐ ‐ ‐ ‐ ‐
Interest and other misc 22,599 9,631 1,530 456 26,615 29,388 20,382
Internal service fund misc:
Vehicle / equipment capital recovery 1,025,412 860,566 ‐ ‐ ‐ ‐ ‐
Insurance premiums ‐ ‐ ‐ ‐ 1,426,568 ‐ ‐
Worker's compensation / unemployment ‐ ‐ ‐ ‐ 1,301,576 ‐ ‐
Benefit premiums ‐ ‐ ‐ ‐ ‐ 9,568,499 2,769,451
Other misc 8,375 1,377 8,653 21 3,290 535,577 ‐
Capital contributions 20,854 ‐ ‐ ‐ ‐ ‐ ‐
Disposal of capital assets 141,746 ‐ ‐ ‐ ‐ ‐ ‐
Insurance recoveries 228,926 ‐ ‐ ‐ 46,974 12,708 5,461
TOTAL REVENUES 3,450,631 3,768,996 3,934,376 888,395 2,805,023 10,146,172 2,832,967
EXPENSES:
Communications 494,390
Equipment rental 2,186,530
Facilities 3,545,533
Healthcare 8,849,446
Information technology 2,717,502
Print and mail 329,886
Retiree healthcare 778,707
Risk management
Risk management 1,643,249
Unemployment 141,988
Worker's compensation 1,071,728
TOTAL EXPENSES 2,186,530 2,717,502 3,545,533 824,276 2,856,965 8,849,446 778,707
AMOUNT AVAILABLE FOR CAPITAL 1,264,101 1,051,494 388,843 64,119 (51,942) 1,296,726 2,054,260
CAPITAL PROJECTS 2,103,059 813,785 302,954 ‐ ‐ ‐ ‐
TRANSFERS IN 23,526 88,816 ‐ ‐ ‐ ‐ ‐
TRANSFERS (OUT)‐ ‐ ‐ ‐ ‐ ‐ ‐
CHANGE IN FUND BALANCE (815,432) 326,525 85,889 64,119 (51,942) 1,296,726 2,054,260
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, November 30, 2011 4,477,675 2,275,690 326,935 134,333 6,638,082 7,498,620 5,425,297
Page 11 of 36
Monthly Financial Report November 2011
FUND BALANCE
Page 13 shows the ending fund balance as of November 2011. The City’s fund balance is a combination of current
deficit/surplus of funds which have accrued from unexpended operating budgets, unanticipated excess revenues, and from
balances accumulated from prior years.
The prior year’s balances (or beginning balance) include funds identified as being reserved for specific purposes or required
to meet the current year’s appropriations. These balances also provide financial stability to the City’s operation during
uncertain times and provide a layer of security to bondholders.
At the end of November, the City has $17.9 million reported in the combined general governmental fund balance of the
current year’s operating budget, which is approximately 17% of budgeted operating expenditures. This is an increase of
$6.5 million from the year’s beginning balance. November’s ending fund balance is over the anticipated General
Governmental Fund Balance of $13.1 million by $4.8 million. Although the ending fund balance is above projections, it is
consistent with the prior years’ trends since the City receipted the second half of 2011 property taxes in October and
November. We expect the fund balance to decrease but be in line with the projected fund balance after 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 November 2011
City of Renton
All Funds ‐ Revenue, Expenditures and Fund Balances
Cash Basis through November 30, 2011
Funds
Balance
01/01/2011
Budgeted
Revenue
Revenue
11/30/11
Total Funds
Available
Budgeted
Expenditure
Expenditure
11/30/11
Ending
Balance
GENERAL GOVERNMENT FUNDS:11,407,119 111,293,678 104,261,924 115,669,043 113,607,821 97,759,236 17,909,807
000 General 9,477,148 73,564,569 68,270,346 77,747,494 76,697,742 66,558,403 11,189,091
001 Community Services 631,801 11,021,566 10,340,601 10,972,402 10,775,151 9,499,424 1,472,978
003 Street 116,298 8,818,411 8,074,258 8,190,556 8,261,176 7,302,961 887,595
004 Community Dev Block Grant (55,231) 493,716 351,585 296,354 362,259 263,587 32,767
005 Museum 66,830 195,966 196,394 263,224 207,513 192,989 70,235
006 Library 47,347 2,030,000 2,031,243 2,078,590 2,030,000 2,027,619 50,971
009 Farmers Market 81,630 74,500 69,399 151,029 69,875 58,690 92,339
010 Fire Memorial 1,251 ‐ 702 1,953 ‐ ‐ 1,953
011 Fire Health & Wellness 24,072 25,000 22,569 46,641 25,000 11,306 35,335
031 Pa rk Memorial 176,950 ‐ 753 177,703 ‐ ‐ 177,703
201 Ltd GO Bonds Gen Govt Debt 312,938 12,433,758 12,337,649 12,650,587 12,267,145 10,573,258 2,077,329
215 Gen Govt Misc Debt Service 526,085 2,636,192 2,566,425 3,092,510 2,911,960 1,270,999 1,821,511
SPECIAL REVENUE FUNDS:
102 Arterial Street 171,720 620,000 555,179 726,899 620,000 620,000 106,899
108 Leased City Properties 499,594 748,060 606,267 1,105,861 614,457 653,891 451,970
110 Hotel Motel 212,950 245,000 259,217 472,167 450,000 244,527 227,640
118 Reserve for Paths & Trails 3,299 ‐ 14 3,313 ‐ ‐ 3,313
125 1% For Art 136,830 32,000 538 137,368 68,257 15,720 121,648
127 Cable Communication 171,358 85,000 91,286 262,644 221,301 45,593 217,051
135 Springbrook Wetlands Bank 660,524 ‐ 2,827 663,351 ‐ ‐ 663,351
DEBT SERVICE FUNDS:
219 1989 Unlimited GO Bonds ‐ ‐ ‐ ‐ ‐ ‐ ‐
CAPITAL PROJECT FUNDS (CIP):
303 Community Dev Mitigation 1,343,877 121,352 65,044 1,408,921 400,000 ‐ 1,408,921
304 Fire Mitigation 1,929,477 100,000 87,890 2,017,367 529,056 529,056 1,488,311
305 Transportation Mitigation 1,119,954 250,000 181,291 1,301,245 999,494 650,000 651,245
316 Municipal Facilities CIP 5,759,297 2,212,058 1,019,823 6,779,120 7,544,999 2,803,158 3,975,962
317 Transportation CIP 3,808,080 15,970,043 11,408,865 15,216,945 19,542,542 11,361,425 3,855,520
318 So Lake WA Infrastructure Proj 58,522 ‐ 230 58,752 58,000 5,976 52,776
326 Housing Opportunity 163,787 ‐ 1,335 165,122 160,000 35,000 130,122
336 New Library Development ‐ 19,960,000 19,942,499 19,942,499 11,960,000 721,412 19,221,087
ENTERPRISE FUNDS:
402 Airport 1,295,036 432,010 771,924 2,066,960 1,254,186 1,078,890 988,070
403 Solid Waste Utility 961,788 15,015,942 13,881,932 14,843,720 14,951,710 12,527,019 2,316,701
404 Golf Course 630,924 2,483,545 1,959,647 2,590,571 2,504,738 1,719,870 870,701
422 Airport Capital 66,313 3,433,408 1,616,735 1,683,048 1,508,521 632,016 1,051,032
424 Golf Course Capital 257,680 100,000 92,646 350,326 220,000 121,920 228,406
INTERNAL SERVICE FUNDS:
501 Equipment Repair/Replacement 5,293,107 3,493,074 3,474,157 8,767,264 4,955,084 4,289,588 4,477,676
502 Insurance 6,690,024 3,178,883 2,805,023 9,495,047 3,018,564 2,856,964 6,638,083
503 Information Services 1,949,165 4,182,021 3,857,811 5,806,976 5,696,277 3,531,287 2,275,689
504 Facilities 241,046 4,243,673 3,934,376 4,175,422 4,256,261 3,848,487 326,935
505 Communications 70,214 953,941 888,396 958,610 957,746 824,276 134,334
512 Insurance, Healthcare 6,201,894 11,248,058 10,146,172 16,348,066 10,844,696 8,849,446 7,498,620
522 Insurance, Leoff1 Retirees HC 3,371,037 2,935,684 2,832,967 6,204,004 2,261,732 778,707 5,425,297
FIDUCIARY FUNDS:
611 Firemen's Pension 4,286,248 300,000 384,455 4,670,703 565,475 269,654 4,401,049
Funds
Balance
01/01/2011
Budgeted
Revenue
Revenue
11/30/11
Total Funds
Available
Budgeted
Expenditure
Expenditure
11/30/11
Ending
Balance
ENTERPRISE FUNDS: COMBINED UTILITIES 11,402,622 46,660,496 39,897,198 51,299,820 50,119,800 35,218,452 16,081,368
405 Water Utility 4,695,116 9,680,689 8,893,604 13,588,720 10,521,313 8,295,796 5,292,924
406 Waste Water Utility 681,616 4,931,139 5,126,403 5,808,019 5,141,813 4,494,220 1,313,799
407 Surface Water Utility 1,462,126 5,331,466 4,955,149 6,417,275 5,063,113 4,009,193 2,408,082
416 King County Metro 671,616 13,156,760 12,116,721 12,788,337 13,156,760 11,663,134 1,125,203
425 Water Utility Construction 2,064,638 4,997,301 3,742,096 5,806,734 6,117,301 2,638,439 3,168,295
426 Waste Water Construction ‐ 3,845,000 2,443,189 2,443,189 3,790,000 2,160,158 283,031
427 Surface Water Construction 1,811,737 4,718,141 2,619,969 4,431,706 6,329,500 1,957,512 2,474,194
461 Waterworks Bond Reserve ‐ ‐ ‐ ‐ ‐ ‐ ‐
471 Waterworks Rate Stabilization 15,773 ‐ 67 15,840 ‐ ‐ 15,840
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 60,805,281 64,769,227 (3,963,946) 7,443,173
September 65,898,407 71,984,031 (6,085,624) 5,321,495
October 79,715,923 79,448,662 267,260 11,674,379
November 93,974,306 87,471,619 6,502,688 17,909,807
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 5,729,294 5,379,006 ‐6.11%
Feb 10,955,488 11,050,241 0.86%
Mar 16,288,944 16,654,842 2.25%
Apr 29,086,245 30,062,704 3.36%
May 44,685,592 44,974,654 0.65%
Jun 49,631,729 49,588,204 ‐0.09%
Jul 55,679,470 55,528,886 ‐0.27%
Aug 60,921,000 60,805,281 ‐0.19%
Sep 65,822,150 65,898,407 0.12%
Oct 79,724,307 79,715,923 ‐0.01%
Nov 93,299,939 93,974,306 0.72%
Dec 101,006,062
Percent of budget 93.04%
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 16,838,318 17,109,916 1.61%
Jul 16,927,805 17,221,992 1.74%
Aug 17,079,566 17,247,946 0.99%
Sep 17,579,784 17,715,892 0.77%
Oct 24,763,004 24,730,752 ‐0.13%
Nov 31,792,494 32,078,777 0.90%
Dec 32,046,525
Percent of budget 100.10%
$‐
$3
$6
$9
$12
$15
$18
$21
$24
$27
$30
$33
Budget
Actual
Last Year
Page 15 of 36
City of Renton
Monthly Revenue Analysis ‐ 2011 Budget Year
Sales Tax Budget
YTD
Actual
Annual %
over (under)
Jan 1,552,398 1,498,057 ‐3.50%
Feb 3,485,920 3,683,690 5.67%
Mar 4,970,675 5,136,541 3.34%
Apr 6,478,229 6,539,777 0.95%
May 8,169,935 8,305,195 1.66%
Jun 9,739,884 9,830,419 0.93%
Jul 11,308,797 11,435,443 1.12%
Aug 13,015,882 13,145,959 1.00%
Sep 14,643,477 14,793,080 1.02%
Oct 16,344,299 16,482,798 0.85%
Nov 18,043,360 18,170,449 0.70%
Dec 19,670,588
Percent of budget 92.37%
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 1,514,130 1,363,023 ‐9.98%
Feb 2,865,664 2,811,298 ‐1.90%
Mar 4,259,912 4,292,138 0.76%
Apr 5,626,013 5,662,856 0.65%
May 6,947,550 6,954,386 0.10%
Jun 8,200,969 8,157,861 ‐0.53%
Jul 9,423,818 9,346,387 ‐0.82%
Aug 10,639,358 10,512,250 ‐1.19%
Sep 11,801,507 11,688,776 ‐0.96%
Oct 13,021,899 12,891,335 ‐1.00%
Nov 14,212,809 14,123,975 ‐0.63%
Dec 15,640,600
Percent of budget 90.30%
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 423,215 185,889 ‐56.08%
Feb 528,861 322,341 ‐39.05%
Mar 670,902 539,342 ‐19.61%
Apr 918,867 778,404 ‐15.29%
May 1,077,264 957,261 ‐11.14%
Jun 1,259,395 1,117,984 ‐11.23%
Jul 1,535,146 1,363,681 ‐11.17%
Aug 1,717,346 1,693,888 ‐1.37%
Sep 1,867,597 1,939,870 3.87%
Oct 2,089,918 2,205,375 5.52%
Nov 2,235,967 2,426,403 8.52%
Dec 2,370,645
Percent of budget 102.35%
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 578,318 565,843 ‐2.16%
Feb 1,165,279 1,079,643 ‐7.35%
Mar 1,744,727 1,648,102 ‐5.54%
Apr 2,753,330 2,707,888 ‐1.65%
May 5,053,641 5,258,407 4.05%
Jun 5,637,303 5,771,371 2.38%
Jul 6,211,050 6,317,671 1.72%
Aug 6,963,306 7,081,699 1.70%
Sep 7,459,097 7,539,153 1.07%
Oct 8,912,725 8,965,859 0.60%
Nov 11,435,044 11,475,604 0.35%
Dec 13,645,207
Percent of budget 84.10%
Note: Includes CJ Sales Tax.
$‐
$1
$2
$3
$4
$5
$6
$7
$8
$9
$10
$11
$12
$13
$14
$15
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 4,160,030 ‐7.30%
Sep 4,949,440 4,682,023 ‐5.40%
Oct 5,447,614 5,145,934 ‐5.54%
Nov 5,842,063 5,612,150 ‐3.94%
Dec 6,366,817
Percent of budget 88.15%
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 1,998,200 ‐4.79%
Sep 2,307,490 2,181,260 ‐5.47%
Oct 2,555,419 2,484,578 ‐2.77%
Nov 2,852,584 2,785,032 ‐2.37%
Dec 3,170,351
Percent of budget 87.85%
$‐
$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 603,333 628,259 4.13%
Feb 848,494 880,840 3.81%
Mar 1,168,685 1,132,303 ‐3.11%
Apr 1,886,940 1,796,896 ‐4.77%
May 2,256,276 2,186,455 ‐3.09%
Jun 2,396,306 2,419,406 0.96%
Jul 3,513,137 3,543,760 0.87%
Aug 3,828,833 3,860,151 0.82%
Sep 4,011,601 4,154,780 3.57%
Oct 4,791,551 5,000,894 4.37%
Nov 5,039,743 5,415,828 7.46%
Dec 5,795,921
Percent of budget 93.44%
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 164,376 143,105 ‐12.94%
Feb 243,531 213,343 ‐12.40%
Mar 357,637 312,474 ‐12.63%
Apr 449,035 386,523 ‐13.92%
May 539,799 483,606 ‐10.41%
Jun 685,307 628,624 ‐8.27%
Jul 836,803 802,501 ‐4.10%
Aug 921,007 936,071 1.64%
Sep 1,032,630 1,034,044 0.14%
Oct 1,098,948 1,109,469 0.96%
Nov 1,146,683 1,186,896 3.51%
Dec 1,233,347
Percent of budget 96.23%
$‐
$0.20
$0.40
$0.60
$0.80
$1.00
$1.20
$1.40 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 169,086 169,086 0.00%
Sep 169,528 169,528 0.00%
Oct 698,929 698,929 0.00%
Nov 699,192 699,192 0.00%
Dec 1,066,061
Percent of budget 65.59%
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 54,678 161,911 196.12%
Feb 136,931 261,588 91.04%
Mar 374,012 403,288 7.83%
Apr 590,096 514,275 ‐12.85%
May 756,359 671,794 ‐11.18%
Jun 903,401 900,300 ‐0.34%
Jul 1,018,219 1,017,867 ‐0.03%
Aug 1,178,774 1,177,391 ‐0.12%
Sep 1,273,142 1,383,144 8.64%
Oct 1,413,739 1,572,835 11.25%
Nov 1,569,494 1,908,728 21.61%
Dec 1,890,000
Percent of budget 100.99%
$‐
$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 7,176,813 6,990,159 ‐2.60%
Feb 17,037,900 15,756,416 ‐7.52%
Mar 24,790,302 23,321,083 ‐5.93%
Apr 32,556,630 30,363,594 ‐6.74%
May 40,795,499 38,187,393 ‐6.39%
Jun 51,437,906 48,730,646 ‐5.26%
Jul 59,705,910 56,321,612 ‐5.67%
Aug 67,965,136 64,769,227 ‐4.70%
Sep 76,009,868 71,984,031 ‐5.30%
Oct 83,430,947 79,448,662 ‐4.77%
Nov 91,547,256 87,471,619 ‐4.45%
Dec 103,320,205
Percent of budget expended 94.62%
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 185,324 180,746 ‐2.47%
Sep 207,934 203,409 ‐2.18%
Oct 229,314 226,026 ‐1.43%
Nov 252,426 248,619 ‐1.51%
Dec 276,567
Percent of budget expended 89.89%
$‐
$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 981,310 994,268 1.32%
Sep 1,117,720 1,121,986 0.38%
Oct 1,240,172 1,256,119 1.29%
Nov 1,357,062 1,373,408 1.20%
Dec 1,478,297
Percent of budget expended 92.90%
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 531,809 525,691 ‐1.15%
Sep 581,018 577,202 ‐0.66%
Oct 675,052 629,142 ‐6.80%
Nov 724,620 681,965 ‐5.89%
Dec 786,947
Percent of budget expended 86.66%
$‐
$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 39,784 ‐65.21%
Sep 128,494 44,161 ‐65.63%
Oct 142,100 47,132 ‐66.83%
Nov 156,260 55,588 ‐64.43%
Dec 170,717
Percent of budget expended 32.56%
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 1,056,642 ‐3.73%
Sep 1,232,013 1,189,429 ‐3.46%
Oct 1,366,319 1,320,953 ‐3.32%
Nov 1,499,225 1,454,358 ‐2.99%
Dec 1,588,429
Percent of budget expended 91.56%
$‐
$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 1,384,788 ‐3.49%
Sep 1,614,729 1,559,522 ‐3.42%
Oct 1,775,894 1,729,013 ‐2.64%
Nov 1,948,024 1,901,814 ‐2.37%
Dec 2,134,452
Percent of budget expended 89.10%
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 625,262 620,791 ‐0.72%
Sep 702,073 698,417 ‐0.52%
Oct 775,757 775,550 ‐0.03%
Nov 851,215 852,682 0.17%
Dec 926,674
Percent of budget expended 92.02%
$‐
$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 1,876,800 ‐11.40%
Sep 2,389,591 2,109,094 ‐11.74%
Oct 2,630,325 2,342,934 ‐10.93%
Nov 2,880,148 2,575,597 ‐10.57%
Dec 3,137,985
Percent of budget expended 82.08%
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 118,687 68,491 ‐42.29%
Feb 277,345 123,830 ‐55.35%
Mar 414,613 179,805 ‐56.63%
Apr 539,516 234,834 ‐56.47%
May 684,149 297,953 ‐56.45%
Jun 821,647 357,808 ‐56.45%
Jul 981,768 430,038 ‐56.20%
Aug 1,115,910 484,313 ‐56.60%
Sep 1,273,525 544,936 ‐57.21%
Oct 1,406,574 604,858 ‐57.00%
Nov 1,555,294 662,278 ‐57.42%
Dec 1,703,326
Percent of budget expended 38.88%
$‐
$0.20
$0.40
$0.60
$0.80
$1.00
$1.20
$1.40
$1.60
$1.80
Millions
Budget
Actual
Last Year
Page 25 of 36
City of Renton
Monthly Expenditure Analysis ‐ 2011 Budget Year
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 966,634 951,339 ‐1.58%
Sep 1,136,529 1,082,329 ‐4.77%
Oct 1,271,607 1,200,417 ‐5.60%
Nov 1,370,979 1,324,065 ‐3.42%
Dec 1,533,697
Percent of budget expended 86.33%
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 1,245,218 ‐7.45%
Sep 1,510,764 1,425,349 ‐5.65%
Oct 1,621,863 1,564,657 ‐3.53%
Nov 1,765,760 1,701,582 ‐3.63%
Dec 2,088,212
Percent of budget expended 81.49%
$‐
$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 644,689 561,242 ‐12.94%
Sep 726,325 633,893 ‐12.73%
Oct 803,567 714,653 ‐11.06%
Nov 878,678 803,493 ‐8.56%
Dec 973,851
Percent of budget expended 82.51%
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 19,248,778 ‐4.88%
Sep 22,913,200 21,206,441 ‐7.45%
Oct 25,185,431 23,418,059 ‐7.02%
Nov 28,049,446 26,422,056 ‐5.80%
Dec 31,011,293
Percent of budget expended 85.20%
$‐
$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 1,962,318 1,754,253 ‐10.60%
Feb 4,625,459 4,132,293 ‐10.66%
Mar 6,469,286 5,900,678 ‐8.79%
Apr 8,199,210 7,652,583 ‐6.67%
May 9,983,915 9,538,569 ‐4.46%
Jun 11,797,218 11,333,418 ‐3.93%
Jul 13,645,145 13,191,127 ‐3.33%
Aug 15,496,010 15,170,911 ‐2.10%
Sep 17,349,048 17,069,616 ‐1.61%
Oct 19,053,328 18,890,028 ‐0.86%
Nov 20,956,445 20,660,951 ‐1.41%
Dec 22,840,643
Percent of budget expended 90.46%
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 275,415 272,651 ‐1.00%
Sep 309,116 306,588 ‐0.82%
Oct 342,587 340,122 ‐0.72%
Nov 375,962 376,608 0.17%
Dec 409,872
Percent of budget expended 91.88%
$‐
$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 2,435,040 ‐4.16%
Sep 2,881,349 2,788,379 ‐3.23%
Oct 3,226,442 3,168,880 ‐1.78%
Nov 3,536,345 3,513,912 ‐0.63%
Dec 3,911,658
Percent of budget expended 89.83%
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 18,467 34,349 86.00%
Feb 60,781 69,260 13.95%
Mar 103,347 109,668 6.12%
Apr 147,306 150,610 2.24%
May 194,728 204,169 4.85%
Jun 239,654 256,105 6.86%
Jul 311,497 301,757 ‐3.13%
Aug 365,658 349,262 ‐4.48%
Sep 418,406 397,535 ‐4.99%
Oct 470,133 455,741 ‐3.06%
Nov 518,677 510,697 ‐1.54%
Dec 578,646
Percent of budget expended 88.26%
$‐
$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 296,146 361,259 21.99%
Feb 637,130 702,382 10.24%
Mar 1,007,644 1,058,705 5.07%
Apr 1,351,864 1,408,767 4.21%
May 1,720,990 1,763,066 2.44%
Jun 2,120,806 2,128,093 0.34%
Jul 2,778,628 2,702,061 ‐2.76%
Aug 3,495,907 3,341,666 ‐4.41%
Sep 3,985,781 3,855,315 ‐3.27%
Oct 4,339,404 4,226,441 ‐2.60%
Nov 4,794,553 4,581,590 ‐4.44%
Dec 5,189,972
Percent of budget expended 88.28%
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 59,549 53,756 ‐9.73%
Feb 126,732 118,956 ‐6.14%
Mar 199,439 177,533 ‐10.98%
Apr 392,309 369,358 ‐5.85%
May 476,336 499,658 4.90%
Jun 556,185 560,790 0.83%
Jul 761,208 694,753 ‐8.73%
Aug 841,526 770,871 ‐8.40%
Sep 904,476 846,288 ‐6.43%
Oct 1,064,594 1,010,405 ‐5.09%
Nov 1,166,737 1,084,769 ‐7.03%
Dec 1,369,157
Percent of budget expended 79.23%
$‐
$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 424,012 369,016 ‐12.97%
Sep 470,393 419,378 ‐10.85%
Oct 508,406 464,006 ‐8.73%
Nov 545,765 516,616 ‐5.34%
Dec 685,003
Percent of budget expended 75.42%
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 1,820,119 1,820,119 0.00%
Sep 1,822,619 1,822,619 0.00%
Oct 2,025,119 2,025,119 0.00%
Nov 2,027,619 2,027,619 0.00%
Dec 2,030,000
Percent of budget expended 99.88%
$‐
$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 139,524 139,835 0.22%
Sep 156,721 157,635 0.58%
Oct 173,773 175,314 0.89%
Nov 190,524 192,989 1.29%
Dec 207,513
Percent of budget expended 93.00%
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 304,561 300,269 ‐1.41%
Sep 340,210 339,129 ‐0.32%
Oct 375,268 376,995 0.46%
Nov 411,886 414,834 0.72%
Dec 450,620
Percent of budget expended 92.06%
$‐
$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 2,335,142 ‐6.18%
Sep 2,775,665 2,630,100 ‐5.24%
Oct 3,065,897 2,940,646 ‐4.09%
Nov 3,345,901 3,248,591 ‐2.91%
Dec 3,675,414
Percent of budget expended 88.39%
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 329,607 308,560 ‐6.39%
Feb 716,356 689,957 ‐3.69%
Mar 1,109,864 1,101,787 ‐0.73%
Apr 1,481,776 1,429,170 ‐3.55%
May 1,860,889 1,787,292 ‐3.95%
Jun 2,252,538 2,164,571 ‐3.91%
Jul 2,594,445 2,544,732 ‐1.92%
Aug 3,016,379 2,935,188 ‐2.69%
Sep 3,390,281 3,283,394 ‐3.15%
Oct 3,790,568 3,673,999 ‐3.08%
Nov 4,157,139 4,054,370 ‐2.47%
Dec 4,585,762
Percent of budget expended 88.41%
$‐
$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 1,408,246 1,408,246 0.00%
Sep 1,398,850 1,398,850 0.00%
Oct 1,398,850 1,398,850 0.00%
Nov 1,556,640 1,556,640 0.00%
Dec 4,891,489
Percent of budget expended 31.82%
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 3,950,614 3,950,614 0.00%
Sep 4,273,035 4,273,035 0.00%
Oct 4,472,604 4,472,604 0.00%
Nov 4,673,927 4,673,927 0.00%
Dec 4,684,013
Percent of budget expended 99.78%
$‐
$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 3,432,945 4,058,961 2,857,743
Feb 7,865,653 8,549,030 7,011,826
Mar 11,124,743 13,634,112 11,834,545
Apr 17,420,726 18,015,133 15,336,879
May 21,550,401 22,882,500 18,961,840
Jun 29,873,295 27,295,181 25,779,962
Jul 37,534,727 32,465,110 30,257,045
Aug 42,028,006 37,273,969 34,189,101
Sep 47,267,110 42,845,872 38,822,126
Oct 52,767,663 48,222,968 43,373,288
Nov 57,484,354 53,779,062 47,718,626
Dec 65,042,510
Percent of budget expended 65.71%
Note: Operations and Capital
$0
$10
$20
$30
$40
$50
$60
$70
Millions Utilities
Budget
Revenue
Expense
$3 00
Millions Airport
Airport Budget Revenue Expense
Jan 146,423 209,097 131,908
Feb 333,845 403,084 236,317
Mar 505,741 600,802 352,561
Apr 659,513 829,701 480,730
May 839,283 1,015,908 580,136
Jun 1,035,711 1,267,422 777,458
Jul 1,189,732 1,465,484 906,102
Aug 1,379,779 1,677,627 1,129,146
Sep 1,606,845 1,903,104 1,302,775
Oct 2,152,176 2,182,944 1,532,630
Nov 2,347,361 2,388,660 1,710,906
Dec 2,762,707
Percent of budget expended 61.93%
Note: Operations and Capital
$‐
$0.50
$1.00
$1.50
$2.00
$2.50
$3.00
Budget
Revenue
Expense
Page 35 of 36
City of Renton
Monthly Enterprise Fund Financial Report ‐ 2011 Budget Year
Golf Course Budget Revenue Expense
Jan 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 1,609,624 1,376,743
Sep 1,662,841 1,834,550 1,536,782
Oct 1,987,022 1,979,286 1,696,652
Nov 2,125,704 2,052,293 1,841,790
Dec 2,724,738
Percent of budget expended 67.60%
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