HomeMy WebLinkAbout201512, DecemberADMINISTRATIVE SERVICES
DEPARTMENT
M E M O R A N D U M
DATE: February 19, 2016
TO: Randy Corman, Council President
Members of the Renton City Council
CC: Denis Law, Mayor
Administrators
FROM: Hai Nguyen, Sr. Finance Analyst
SUBJECT: December 2015 Financial Status Report
At the end of December, general governmental revenues show $2.7 million or 2.3% over
budget. Revenue source(s) that are higher than expected are: property tax ($329k); sales tax
($330k); sales tax annexation credit ($139k); state shared revenues ($262k); utility taxes
($553k); gambling taxes ($299k); real estate excise taxes ($194k); building permits &
development service fees ($572k); FD 25 & 40 service contacts ($252k); public safety ($114k);
and other miscellaneous ($236k). On the down side, the revenue source(s) that are
underperforming the year to date budget are interfund/interdept services ($116k below);
fines/penalties ($301k below).
General government expenditures showed a favorable variance of $3.4 million or 2.8%. See
page 10 of report for further expenditure over‐spent explanations.
The attached report provides more detailed discussion of each revenue source and our updated
projections for the year. Please do not hesitate to contact me at x6952 should you have any
questions or any suggestions about the report.
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General Governmental Funds
$%
Beginning Fund Balance 15,575,840$ 15,575,840$ 17,454,262$ 17,454,262$ 17,565,282$ 17,565,282$ 17,565,282$ ‐ 0.0%
OPERATING REVENUES
Property Tax 32,485,690 32,485,690 35,295,390 35,295,390 36,040,000 36,040,000 36,369,429 329,429 0.9%
Sales Tax 20,416,372 20,416,372 21,512,379 21,512,379 23,109,731 23,109,731 23,439,266 329,535 1.4%
Sales Tax ‐ Annexation Credit 2,418,789 2,418,789 2,542,394 2,542,394 2,639,968 2,639,968 2,778,858 138,890 5.3%
Criminal Justice Sales Tax 2,091,174 2,091,174 2,267,947 2,267,947 2,455,519 2,455,519 2,484,718 29,199 1.2%
Natural Gas Use Tax 263,660 263,660 271,485 271,485 268,000 268,000 228,899 (39,101) ‐14.6%
Admission Tax 327,258 327,258 310,311 310,311 320,000 320,000 309,790 (10,210) ‐3.2%
Franchise Fees 1,312,727 1,312,727 1,342,269 1,342,269 1,260,000 1,260,000 1,349,154 89,154 7.1%
Electricity Tax 5,155,789 5,155,789 5,167,444 5,167,444 4,865,536 4,865,536 5,012,962 147,426 3.0%
Natural Gas Utility Tax 1,550,900 1,550,900 1,562,341 1,562,341 1,350,900 1,350,900 1,437,552 86,652 6.4%
Garbage/Solid Waste 397,596 397,596 573,457 573,457 580,000 580,000 638,073 58,073 10.0%
TV Cable 1,481,779 1,481,779 1,518,821 1,518,821 1,579,365 1,579,365 1,591,866 12,501 0.8%
Telephone 917,021 917,021 909,088 909,088 952,500 952,500 880,233 (72,267) ‐7.6%
Cellular Phone 2,050,312 2,050,312 1,951,925 1,951,925 1,817,056 1,817,056 1,674,355 (142,701) ‐7.9%
City Utilities 3,964,989 3,964,989 3,961,052 3,961,052 4,208,377 4,208,377 4,183,165 (25,212) ‐0.6%
Utility Tax Audit ‐ ‐ 460,513 460,513 1,434,000 1,434,000 1,962,092 528,092 36.8%
Leasehold Excise Tax 164,637 164,637 171,470 171,470 179,000 179,000 163,314 (15,686) ‐8.8%
Gambling Excise Tax 1,319,585 1,319,585 1,650,384 1,650,384 2,000,000 2,000,000 2,299,156 299,156 15.0%
Real Estate Excise Tax 4,131,665 4,131,665 4,348,762 4,348,762 4,400,000 4,400,000 4,595,166 195,166 4.4%
Less: CIP REET (700,000) (700,000) (1,650,000) (1,650,000) (1,400,000) (1,400,000) (1,401,300) (1,300) 0.1%
EMS Levy 916,361 916,361 916,361 916,361 920,000 920,000 936,406 16,406 1.8%
Business License Fees 2,911,691 2,911,691 2,965,850 2,965,850 3,006,000 3,006,000 3,125,740 119,740 4.0%
Less: CIP Business License Fees (2,407,925) (2,407,925) (2,450,295) (2,450,295) (2,500,000) (2,500,000) (2,584,164) (84,164) 3.4%
Animal Licenses and Spec Events Permits 99,411 99,411 95,698 95,698 91,000 91,000 101,743 10,743 11.8%
Building Permits & Development Svc Fees 4,001,625 4,001,625 4,519,234 4,519,234 5,504,749 5,504,749 6,077,055 572,307 10.4%
Intergovt'l (Grants, State Shared, etc) 3,863,974 3,863,974 4,522,540 4,522,540 4,232,445 4,232,445 4,053,617 (178,829) ‐4.2%
Fire District 25 and 40 Contracts 5,726,895 5,726,895 5,959,428 5,959,428 6,116,326 6,116,326 6,367,932 251,606 4.1%
Public Safety 680,581 680,581 844,375 844,375 537,457 537,457 650,997 113,540 21.1%
Culture and Recreation 1,494,580 1,494,580 1,485,123 1,485,123 1,580,616 1,580,616 1,587,878 7,262 0.5%
Interfund/Interdept‐Services 3,464,913 3,464,913 3,270,503 3,270,503 3,221,947 3,221,947 3,106,430 (115,517) ‐3.6%
Fines and Penalties 1,137,140 1,137,140 962,977 962,977 1,126,500 1,126,500 848,052 (278,448) ‐24.7%
Photo Enforcement 1,629,524 1,629,524 1,719,971 1,719,971 2,194,000 2,194,000 2,171,184 (22,816) ‐1.0%
Seizure Funds ‐ Federal/State/Local 50,639 50,639 68,870 68,870 50,000 50,000 21,676 (28,324) ‐56.6%
Interests and Other Earnings 423,609 423,609 981,630 981,630 875,300 875,300 973,208 97,908 11.2%
Rents, Leases, and Concessions 734,530 734,530 711,070 711,070 710,216 710,216 762,361 52,145 7.3%
Contributions and Donations 84,320 84,320 113,626 113,626 137,000 137,000 147,292 10,292 7.5%
Other Miscellaneous 684,187 684,187 879,105 879,105 705,369 705,369 941,127 235,758 33.4%
Other Financing Sources (Transfer ‐In, etc) 299,527 299,527 48,632 48,632 255,000 255,000 270,224 15,224 6.0%
Total Operating Revenues 105,545,527 105,545,527 111,782,133 111,782,133 116,823,877 116,823,877 119,555,505 2,731,629 2.3%
OPERATING EXPENDITURES
Council 289,911 289,911 309,317 309,317 335,838 335,838 320,877 14,962 4.5%
Executive 1,240,910 1,240,910 1,338,738 1,338,738 1,731,019 1,731,019 1,691,189 39,830 2.3%
City Attorney 1,922,225 1,922,225 1,829,254 1,829,254 2,001,421 2,001,421 1,791,167 210,254 10.5%
Court Services 2,003,104 2,003,104 2,016,273 2,016,273 2,157,721 2,157,721 2,013,364 144,357 6.7%
Community and Eco Dvlpmnt Admin 1,047,860 1,047,860 1,010,761 1,010,761 1,177,608 1,177,608 1,183,052 (5,445) ‐0.5%
Development Services 3,243,702 3,243,702 2,659,078 2,659,078 2,831,223 2,831,223 2,632,264 198,959 7.0%
Economic Development 467,511 467,511 654,007 654,007 1,063,786 1,063,786 658,515 405,271 38.1%
Planning 1,510,707 1,510,707 2,095,706 2,095,706 2,718,890 2,718,890 2,606,551 112,339 4.1%
Finance 2,274,147 2,274,147 2,644,827 2,644,827 3,167,120 3,167,120 3,132,812 34,308 1.1%
City Clerk 1,020,822 1,020,822 1,152,246 1,152,246 1,091,558 1,091,558 1,027,084 64,474 5.9%
Human Resources 904,182 904,182 922,668 922,668 1,316,577 1,316,577 1,182,629 133,948 10.2%
Police 24,946,784 24,946,784 26,383,640 26,383,640 28,240,663 28,240,663 28,144,699 95,964 0.3%
Jail Services 3,814,042 3,814,042 3,760,273 3,760,273 4,200,000 4,200,000 4,142,266 57,734 1.4%
Fire 24,444,372 24,444,372 25,240,760 25,240,760 27,038,036 27,038,036 26,536,999 501,037 1.9%
Community Services Admin 452,146 452,146 480,727 480,727 560,787 560,787 509,439 51,349 9.2%
Parks 4,024,756 4,024,756 4,070,181 4,070,181 4,870,254 4,870,254 4,411,383 458,871 9.4%
Parks Planning & Natural Resources 829,250 829,250 722,739 722,739 999,004 999,004 808,558 190,447 19.1%
Recreation 4,846,970 4,846,970 4,823,195 4,823,195 5,200,923 5,200,923 5,087,811 113,112 2.2%
Human Services 1,162,330 1,162,330 1,159,189 1,159,189 1,204,977 1,204,977 1,225,835 (20,858) ‐1.7%
Neighborhoods, Resources, & Events 770,841 770,841 875,223 875,223 1,036,841 1,036,841 958,624 78,217 7.5%
Museum 209,387 209,387 214,291 214,291 227,761 227,761 227,094 667 0.3%
Public Works Admin 426,312 426,312 389,493 389,493 395,867 395,867 387,493 8,374 2.1%
Street Maintenance 3,814,132 3,814,132 4,503,315 4,503,315 5,186,713 5,186,713 5,061,723 124,991 2.4%
Transportation 4,476,854 4,476,854 4,263,725 4,263,725 5,153,529 5,153,529 4,975,059 178,470 3.5%
Debt Service 8,048,508 8,048,508 8,393,140 8,393,140 6,459,484 6,459,484 6,371,715 87,769 1.4%
Non‐Departmental and Other 5,475,340 5,475,340 9,758,346 9,758,346 10,140,778 10,140,778 10,069,740 71,038 0.7%
Total Operating Expenditures 103,667,105 103,667,105 111,671,112 111,671,112 120,508,379 120,508,379 117,157,942 3,350,437 2.8%
Total Ending Fund Balance 17,454,262$ 17,454,262$ 17,565,283$ 17,565,283$ 13,880,779$ 13,880,779$ 19,962,845$ 6,082,066$ 43.8%
Favorable (Unfavorable)
2013 2014 2015 Variance
Annual Actual YTD Actual Annual Budget YTD Budget YTD ActualSummary of Sources and Uses Annual Actual YTD Actual
Monthly Financial Report December 2015
Page 1 of 37
Monthly Financial Report December 2015
OVERVIEW
This financial overview reflects the City’s overall financial position for the fiscal year through December 31, 2015. 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 two years. 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 73% of all
resources supporting general governmental activities. The following section provides detail information on property, sales,
utility, and other taxes.
Property Tax
December’s collection is $204k,
making the total year‐to‐date
collection $36.4 million or 100.9%
of the total budget. In
comparison to the previous year,
the City collected $1.1 million or
3% more. Compared to the
budget, the City is above
projections by $329k or 1%. The
large monthly variances from
prior year and budget are due to
the timing of when collections
were recorded. The City has
exceeded the budget for property
taxes.
Sales Tax
December 2015 sales tax receipts
totalled $2 million. Compared
with the same month last year, it
is $179k or 10% more. Compared
to the projected current month’s
budget, it is $44k or 2% above.
The year‐to‐date collection of
$23.4 million is $1.9 million or 9%
more than the prior year and is
also $330k or 1% more than
budgeted. New Construction,
Auto Sales, General Retail and
Services are the sectors that are
collecting more than anticipated
and Manufacturing and Other are
the sectors that are collecting less
than anticipated. 2015’s monthly budgets are generally based on 2010 through 2014 collections. The City has exceeded the
budget for sales tax.
2014 2015 2015
Actual Budget Actual $ % $ %
Jan (101,807)$ 27,853$ 67,234$ 169,041$ ‐166% 39,381$ 141%
Feb 176,551 292,775 307,006 130,455 74% 14,231 5%
Mar 1,626,283 1,066,055 939,218 (687,065) ‐42% (126,838) ‐12%
Apr 5,808,865 8,037,494 10,160,118 4,351,253 75% 2,122,623 26%
May 10,692,069 8,544,299 7,583,868 (3,108,202) ‐29% (960,431) ‐11%
Jun (244,519) 17,789 147,318 391,837 ‐160% 129,528 728%
Jul 352,287 527,609 65,395 (286,892) ‐81% (462,214) ‐88%
Aug 178,936 427,951 94,817 (84,119) ‐47% (333,134) ‐78%
Sep 574,579 515,969 561,525 (13,054) ‐2% 45,556 9%
Oct 11,777,175 9,346,477 6,263,616 (5,513,559) ‐47% (3,082,861) ‐33%
Nov 4,051,387 6,227,843 9,975,046 5,923,658 146% 3,747,202 60%
Dec 403,584 1,007,885 204,271 (199,314) ‐49% (803,615) ‐80%
YTD Total 35,295,390$ 36,040,000$ 36,369,429$ 1,074,040$ 3% 329,429$ 1%
Annual Total 35,295,390$ 36,040,000$
Property Tax Revenues
Year to Date through December
2015 vs. 2014 2015 vs. Budget
Month
2014 2015 2015
Actual Budget Actual $ % $ %
Jan 1,607,045$ 1,802,556$ 1,758,332$ 151,287$ 9% (44,224)$ ‐2%
Feb 2,079,673 2,218,573 2,260,395 180,722 9% 41,822 2%
Mar 1,562,210 1,720,678 1,674,147 111,937 7% (46,531) ‐3%
Apr 1,558,271 1,749,695 1,750,506 192,235 12% 811 0%
May 1,759,697 2,026,918 1,977,843 218,146 12% (49,075) ‐2%
Jun 1,669,870 1,821,856 1,677,458 7,588 0% (144,398) ‐8%
Jul 1,731,929 1,830,123 1,866,949 135,020 8% 36,826 2%
Aug 2,030,161 2,019,492 2,178,289 148,128 7% 158,797 8%
Sep 1,849,720 1,905,179 2,100,591 250,871 14% 195,411 10%
Oct 1,869,025 2,000,922 2,014,951 145,926 8% 14,029 1%
Nov 1,952,887 2,036,453 2,158,753 205,867 11% 122,300 6%
Dec 1,841,892 1,977,286 2,021,053 179,161 10% 43,767 2%
YTD Total 21,512,379$ 23,109,731$ 23,439,266$ 1,926,887$ 9% 329,535$ 1%
Annual Total 21,512,379$ 23,109,731$
2015 vs. Budget2015 vs. 2014
Month
Year to Date through December
Local Retail Sales Tax Revenues
Page 2 of 37
Monthly Financial Report December 2015
The following table breaks out the City’s base sales tax (excluding Criminal Justice and Annexation Credit) by major business
sectors:
Utility tax
December utility tax revenues are
$1.9 million, which is $370k or
25% higher than the same month
last year and is also higher than
the budget by $414k or 29%. The
year‐to‐date collection is $17.6
million, which is $1.2 million or 8%
higher than the prior year and is
also $553k or 3% higher than the
budget. Excluding audit related
collections, the City has exceeded
the budget for utility tax
revenues.
The table below breaks out Utility Tax by source. The variance for Cellular and Phone utilities are due to lower activity. The
favourable utility tax audit revenues are gross and do not include the related audit fees ($599k).
2014 2015 2015
Actual Budget Actual $ % $ %
Jan 1,373,119$ 1,303,962$ 1,199,348$ (173,771)$ ‐13% (104,614)$ ‐8%
Feb 1,524,563 1,444,053 1,371,771 (152,792) ‐10% (72,282) ‐5%
Mar 1,631,438 1,388,952 1,544,060 (87,378) ‐5% 155,107 11%
Apr 1,218,999 1,357,184 1,263,898 44,900 4% (93,285) ‐7%
May 1,380,317 1,347,185 1,262,764 (117,553) ‐9% (84,421) ‐6%
Jun 1,376,544 1,264,733 1,815,284 438,740 32% 550,551 44%
Jul 1,526,628 2,600,526 2,175,167 648,538 42% (425,359) ‐16%
Aug 1,270,116 1,260,098 1,351,000 80,884 6% 90,902 7%
Sep 1,206,313 1,308,274 1,214,144 7,831 1% (94,131) ‐7%
Oct 1,202,725 1,135,096 1,204,406 1,682 0% 69,310 6%
Nov 1,170,266 1,194,697 1,342,058 171,792 15% 147,361 12%
Dec 1,495,099 1,450,974 1,865,296 370,197 25% 414,322 29%
YTD Total 16,376,127$ 17,055,734$ 17,609,196$ 1,233,069$ 8% 553,462$ 3%
Annual Total 16,376,127$ 17,055,734$
2015 vs. Budget2015 vs. 2014
Year to Date through December
Utility Tax Revenues
Month
Sales Tax by Sector 2014 2015 Bgt YTD Act Change 2015/2014 2015 Act vs Bgt
New Construction 2,316,188$ 2,833,836$ 3,019,042$ 702,854$ 30%$ 185,206 7%
Auto Sales 4,104,744 4,397,779 4,597,151 492,407 12% 199,372 5%
General Retail 6,717,460 6,823,914 7,113,256 395,796 6% 289,342 4%
Manufacturing 2,039,205 2,197,088 1,799,316 (239,888) ‐12% (397,772)‐18%
Wholesale 1,168,059 1,191,174 1,198,960 30,901 3% 7,787 1%
Service 4,576,039 4,756,169 5,145,373 569,335 12% 389,204 8%
Other 590,685 909,771 566,166 (24,519) ‐4% (343,605)‐38%
YTD Total 21,512,379$ 23,109,731$ 23,439,266$ 1,926,887$ 9%329,535$ 1%
Note: Excludes Annexation Credit and Criminal Justice Sales Tax revenue.
Utility Tax by Type 2014 2015 Bgt YTD Act Change 2015/2014 2015 Act vs Bgt
Electrical 5,167,444$ 4,865,536$ 5,012,962$ (154,483)$ ‐3%$ 147,426 3%
Natural Gas 1,833,826 1,618,900 1,666,451 (167,375) ‐9% 47,551 3%
Cell 1,951,925 1,817,056 1,674,355 (277,570) ‐14% (142,701)‐8%
Phone 909,088 952,500 880,233 (28,855) ‐3% (72,267)‐8%
Cable 1,518,821 1,579,365 1,591,866 73,045 5% 12,501 1%
Garbage/Solid Waste 573,457 580,000 638,073 64,616 11% 58,073 10%
City Utilities 3,961,052 4,208,377 4,183,165 222,112 6% (25,212)‐1%
Utility Tax Audit 460,513 1,434,000 1,962,092 1,501,579 326% 528,092 37%
YTD Total 16,376,127$ 17,055,734$ 17,609,196$ 1,233,069$ 8%553,462$ 3%
Annual Total 16,376,127$ 17,055,734$
YTD as % of 100% 100%
Page 3 of 37
Monthly Financial Report December 2015
Other Taxes
Real Estate Excise Tax
The City collected $437k in Real
Estate Excise Tax revenues (REET)
for December. This is $345k or
374% more than the same month
last year but is $324k or 43% less
than the current month’s budget.
The year‐to‐date collection is $4.6
million, which is $246k or 6%
more than the prior year and is
also $195k or 4% above the
budget. The higher than expected
variance is due to 22 large
transactions in February, March,
April, May, June, August
September, October and
November which accounts for
$1.1 million of the total REET collected. The City has exceeded the budget for REET.
Gambling Tax
December’s Gambling Tax
collections totalled $192k, which
is $43k or 29% above the same
month last year but is below the
current month’s budget by $10k
or 5%. The year‐to‐date total of
$2.3 million is $649k or 39%
above the prior year and is also
$299k or 15% above budget.
$138k of the year‐to‐date
collections are from a payment
plan of back taxes earned in
2013/2014. Gambling taxes have
exceeded the current budget.
Pull tabs overall had an 8%
increase, bingo had a 23% decrease, and card‐rooms are seeing 52% higher in activities when compared to the prior year.
Franchise Fees
Franchise Fees are due quarterly
in January, April, July, and
October. The year‐to‐date total
of $1.3 million is $56k or 1%
higher than the prior year and is
also $136k or 7% above the
projected year‐to‐date budget.
The City has exceeded the
Franchise fees budget.
2014 2015 2015
Actual Budget Actual $ % $ %
Jan 162,143$ 150,985$ 226,377$ 64,234$ 40% 75,392$ 50%
Feb 448,452 362,193 158,616 (289,836) ‐65% (203,577) ‐56%
Mar 227,629 232,264 343,579 115,950 51% 111,315 48%
Apr 909,120 564,002 438,485 (470,635) ‐52% (125,517) ‐22%
May 262,746 279,661 394,014 131,268 50% 114,353 41%
Jun 624,342 495,488 478,186 (146,155) ‐23% (17,302) ‐3%
Jul 350,214 312,941 563,474 213,260 61% 250,532 80%
Aug 346,677 326,560 281,921 (64,756) ‐19% (44,639) ‐14%
Sep 265,534 264,956 449,693 184,160 69% 184,737 70%
Oct 436,050 361,251 497,978 61,928 14% 136,727 38%
Nov 223,675 288,603 325,743 102,068 46% 37,140 13%
Dec 92,179 761,095 437,098 344,919 374% (323,997) ‐43%
YTD Total 4,348,762$ 4,400,000$ 4,595,166$ 246,404$ 6% 195,166$ 4%
Annual Total 4,348,762$ 4,400,000$
Month
2015 vs. Budget2015 vs. 2014
Real Estate Excise Tax Revenues
Year to Date through December
2014 2015 2015
Actual Budget Actual $ % $ %
Jan 131,776$ 178,642$ 158,293$ 26,516$ 20% (20,350)$ ‐11%
Feb 133,109 139,287 184,189 51,080 38% 44,902 32%
Mar 153,695 178,445 169,262 15,567 10% (9,183) ‐5%
Apr 103,980 177,534 207,646 103,666 100% 30,112 17%
May 138,319 158,910 183,090 44,771 32% 24,180 15%
Jun 135,701 131,836 174,036 38,335 28% 42,200 32%
Jul 122,588 142,591 194,895 72,306 59% 52,304 37%
Aug 130,381 155,093 226,785 96,404 74% 71,692 46%
Sep 139,444 172,155 180,986 41,542 30% 8,831 5%
Oct 155,499 180,231 215,119 59,620 38% 34,889 19%
Nov 156,921 183,053 212,838 55,916 36% 29,785 16%
Dec 148,970 202,222 192,018 43,048 29% (10,204) ‐5%
YTD Total 1,650,384$ 2,000,000$ 2,299,156$ 648,772$ 39% 299,156$ 15%
Annual Total 1,650,384$ 2,000,000$
2015 vs. 2014
Gambling Tax Revenue
Month
Year to Date through December
2015 vs. Budget
2014 2015 2015
Actual Budget Actual $ % $ %
Jan 323,121$ 302,491$ 333,343$ 10,222$ 3% 30,852$ 10%
Feb ‐ 95 ‐
Mar ‐ 424 ‐
Apr 323,544 301,608 335,218 11,674 4% 33,610 11%
Jul 324,273 303,714 340,657 16,383 5% 36,943 12%
Oct 321,828 305,167 339,936 18,109 6% 34,769 11%
Dec 49,502 46,502 ‐
YTD Total 1,342,269$ 1,260,000$ 1,349,154$ 56,388$ 1% 136,175$ 7%
Annual Total 1,342,269$ 1,260,000$
Franchise Fees Revenue
Year to Date through December
Month
2015 vs. 2014 2015 vs. Budget
Page 4 of 37
Monthly Financial Report December 2015
Admission Tax
Admission Tax returns are due
quarterly in January, April, July,
and October of each year.
October 2015 collections
represent activities conducted
during the 3rd quarter of 2015.
The year‐to‐date collection of
$310k is $376 less than the prior
year and is also $10k or 3% less
than the budget. The City is under
budget for admission taxes.
Licenses and Permits
Building Permits and
Development Service Fees
Building Permits and
Development Service Fee
revenues totalled $492k in
December. The year‐to‐date
development fees revenue of $6.1
million is $1.6 million or 34%
more than the year before and is
also $572k or 10% higher than
budget. The variance in June/July
2015 is due to a large payment for
building permits and plan
checking fees (Southport
Developer and Group Health
Projects). The City has exceeded
the budget for building permits
and development service fees.
Business Licenses
Business Licenses totalled $18k
for December, which is $2k or
12% below the same month last
year and is also $4k or 18% below
the current month’s budget. The
year‐to‐date Business Licenses
revenue of $3.1 million is $160k or
5% above the prior year and is
also above the budget by $120k or
4%. The City has exceeded the
budget for business licenses.
2014 2015 2015
Actual Budget Actual $ % $ %
Jan 80,243$ 81,652$ 83,675$ 3,432$ 4% 2,023$ 2%
Feb ‐ ‐ 1,371 1,371 100% 1,371 100%
Mar ‐ ‐ 106 106 100% 106 100%
Apr 74,163 72,512 65,108 (9,055) ‐12% (7,404) ‐10%
May ‐ ‐ 1,523 1,523 100% 1,523 100%
Jun 145 73 ‐
Jul 79,130 83,619 82,804 3,675 5% (815) ‐1%
Aug ‐ 38 ‐
Oct 76,631 81,433 75,167 (1,463) ‐2% (6,266) ‐8%
Nov ‐ 598 35 35 100% (564) ‐94%
Dec ‐ 75 ‐
YTD Total 310,311$ 320,000$ 309,790$ (376)$ 0% (10,024)$ ‐3%
Annual Total 310,311$ 320,000$
2015 vs. Budget
Admission Tax Revenue
Year to Date through December
Month
2015 vs. 2014
2014 2015 2015
Actual Budget Actual $ % $ %
Jan 432,890$ 491,210$ 260,603$ (172,288)$ ‐40% (230,608)$ ‐47%
Feb 412,317 415,734 328,557 (83,760) ‐20% (87,177) ‐21%
Mar 388,190 443,816 275,826 (112,364) ‐29% (167,990) ‐38%
Apr 374,004 479,460 655,282 281,279 75% 175,822 37%
May 349,590 475,938 235,121 (114,469) ‐33% (240,818) ‐51%
Jun 516,689 525,474 1,024,848 508,160 98% 499,374 95%
Jul 288,957 391,290 873,549 584,591 202% 482,258 123%
Aug 300,184 414,963 454,971 154,787 52% 40,008 10%
Sep 369,040 403,359 586,213 217,173 59% 182,855 45%
Oct 393,023 541,362 462,191 69,168 18% (79,171) ‐15%
Nov 239,983 411,224 427,863 187,881 78% 16,639 4%
Dec 454,368 510,917 492,031 37,663 8% (18,886) ‐4%
YTD Total 4,519,234$ 5,504,749$ 6,077,055$ 1,557,821$ 34% 572,307$ 10%
Annual Total 4,519,234$ 5,504,749$
Building Permits and Development Service Fees
Year to Date through December
2015 vs. Budget2015 vs. 2014
Month
2014 2015 2015
Actual Budget Actual $ % $ %
Jan 597,369$ 544,128$ 588,093$ (9,276)$ ‐2% 43,964$ 8%
Feb 145,936 178,140 222,022 76,086 52% 43,882 25%
Mar 28,425 46,252 26,067 (2,358) ‐8% (20,185) ‐44%
Apr 557,203 543,071 513,360 (43,843) ‐8% (29,711) ‐5%
May 86,852 129,015 167,985 81,133 93% 38,971 30%
Jun 39,763 34,705 25,663 (14,100) ‐35% (9,042) ‐26%
Jul 637,487 611,117 645,791 8,304 1% 34,674 6%
Aug 95,938 134,518 134,328 38,390 40% (190) 0%
Sep 28,686 27,016 29,333 646 2% 2,317 9%
Oct 619,492 640,673 637,451 17,959 3% (3,222) ‐1%
Nov 108,061 95,071 117,394 9,333 9% 22,323 23%
Dec 20,639 22,294 18,254 (2,384) ‐12% (4,040) ‐18%
YTD Total 2,965,850$ 3,006,000$ 3,125,740$ 159,890$ 5% 119,740$ 4%
Annual Total 2,965,850$ 3,006,000$
*Total Business License (GF & CIP)
Business Licenses*
Month
2015 vs. 2014
Year to Date through December
2015 vs. Budget
Page 5 of 37
Monthly Financial Report December 2015
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
85% of the total
revenues in this category. The year‐to‐date total Intergovernmental revenue is $13.8 million or 101% of the budget.
State Shared Revenues
State Shared Revenue
collections totalled $5.4
million since the start of
the year. Compared to
the prior year, State
Shared Revenues are
above by $394k or 8%.
Compared to the
projected budget, the
City is collecting $262k
or 5% more. The higher
than expected collection
is due to collecting more
than anticipated
Criminal Justice’s High Crime, Liquor Excise Tax, and Fuel Tax. The City is also receiving State distributions of Marijuana
Enforcement.
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 58%
of the total revenue in this category. The year‐to‐date total charges for services are $8.1 million or 109% of the budget. The
following sections provide detail information for Public Safety, Recreation, and Interfund Services.
Public Safety Services
Public Safety Services totalled
$651k since the start of the year.
These services include private
security, adult probation services,
monitoring of prisoners, and
intergovernmental public safety
services (non‐grants). Compared
to the prior year, the City is
collecting $195k or 23% less.
Compared to the year‐to‐date
budget, the City is over budget by
$114k or 21%. The large January
2014 variance is due to the timing
of when Valley Narcotics
2014 2015 2015
Actual Budget Actual $ % $ %
Jan 117,639$ 52,782$ 58,509$ (59,130)$ ‐50% 5,727$ 11%
Feb 45,139 57,088 42,228 (2,910) ‐6% (14,860) ‐26%
Mar 44,028 28,547 62,481 18,453 42% 33,933 119%
Apr 38,202 35,975 146,715 108,513 284% 110,739 308%
May 35,540 29,398 55,309 19,769 56% 25,910 88%
Jun 107,246 50,751 33,004 (74,242) ‐69% (17,747) ‐35%
Jul 56,212 44,191 39,540 (16,672) ‐30% (4,651) ‐11%
Aug 64,201 37,645 59,046 (5,155) ‐8% 21,401 57%
Sep 44,169 32,788 23,104 (21,065) ‐48% (9,684) ‐30%
Oct 190,822 95,715 33,339 (157,484) ‐83% (62,376) ‐65%
Nov 37,507 30,696 46,384 8,877 24% 15,689 51%
Dec 65,704 41,881 51,339 (14,365) ‐22% 9,458 23%
YTD Total 846,409$ 537,457$ 650,997$ (195,412)$ ‐23% 113,540$ 21%
Annual Total 846,409$ 537,457$
Year to Date through December
Public Safety Services
2015 vs. 2014 2015 vs. Budget
Month
Intergovernmental 2014 2015 Bgt YTD Act Change 2015/2014 2015 Act vs Bgt
Fire District #25 1,242,038$ 1,300,000$ 1,310,548$ 68,510$ 6% $ 10,548 1%
Fire District #40 4,715,356 4,816,326 5,057,385 342,028 7% 241,059 5%
State Shared Revenue 5,045,728 5,177,519 5,439,235 393,508 8% 261,716 5%
Federal Grants 1,538,213 1,092,543 868,752 (669,462) ‐44% (223,791) ‐20%
State Grants 41,174 124,080 39,894 (1,280) ‐3% (84,186) ‐68%
Other Grants/Intgovt 1,081,733 1,213,822 1,126,860 45,127 4% (86,962) ‐7%
ARRA Grants ‐ 0 ‐ ‐ N/A ‐ 0%
Total Rev YTD 13,664,242$ 13,724,290$ 13,842,673$ 178,431$ 1%118,384$ 1%
Total Rev Annual 13,664,242$ 13,724,290$
YTD %100% 100% 101%
Note: Includes CJ Sales Tax and FD25 & FD40 contracts
2014 2015 2015
Actual Budget Actual $ % $ %
Crim Just Sales Tax 2,267,947$ 2,455,519$ 2,484,718$ 216,771$ 10% 29,199$ 1%
Judicial Contribution 22,669 ‐ 21,873 (796) ‐4% 21,873 100%
Crim Just ‐ High Crime 253,799 200,000 281,859 28,060 11% 81,859 41%
Crim Just ‐ Pop 24,563 24,000 25,972 1,410 6% 1,972 8%
Crim Just ‐ Spec Prog 91,026 89,000 95,162 4,136 5% 6,162 7%
State DUI 17,201 17,000 14,725 (2,476) ‐14% (2,275) ‐13%
Marijuana Enforcement ‐ ‐ 5,856 5,856 100% 5,856 100%
Liquor Profits 848,910 850,000 851,685 2,776 0% 1,685 0%
Liquor Excise Tax 179,526 220,000 264,628 85,102 47% 44,628 20%
Fuel Tax 1,340,086 1,322,000 1,392,756 52,670 4% 70,756 5%
YTD Total 5,045,728$ 5,177,519$ 5,439,235$ 393,508$ 8% 261,716$ 5%
Annual Total 5,045,728$ 5,177,519$
2015 vs. Budget
State Shared Revenues
2015 vs. 2014
Revenue
Year to Date through December
Page 6 of 37
Monthly Financial Report December 2015
Enforcement Team (VNET) contributions are receipted. The large June 2014 variance is due to staff reimbursement for training
provided to the Basic Law Enforcement Academy. The large October 2014 variance is due to staff reimbursement for the Oso
mudslide. April 2015 variance is due to receipting $75k reimbursement for the School Resource Officer (SRO) program. The City
has met the budget for public safety services.
Recreation
Recreation revenues totalled $42k
for the current month. Compared
to the same month the prior year,
the City collected $13k or 45%
more. Compared to the projected
monthly budget, the City collected
$7k or 13% less. The year‐to‐date
collection of $1.6 million is $103k
or 7% higher than the year before
and is also $7k higher than the
year‐to‐date budget. The variance
with the prior year and monthly
budget is due to a change in how
the recreation class revenues are
recorded. The City is now
recognizing class revenues as the
classes begin instead of when they are paid. The City currently has $165k in class revenues to be recognized as soon as the
classes begin. The City has met the budget at year‐end.
Interfund Services
The year‐to‐date collections for
Interfund Services revenues are
$3.1 million. Compared to the
prior year, the revenues are under
by $164k or 5%. Compared to the
projected budget, the revenues
are below by $116k or 4%. 2015’s
monthly budgets are based on
1/12th of the annual budget. 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, Parks Planning
and Natural Resources division’s capital investment program reimbursements, Transportation division’s capital investment
program reimbursements, and Maintenance division’s street maintenance reimbursements. The City is under the budget for
interfund services.
2014 2015 2015
Actual Budget Actual $ % $ %
Jan 69,522$ 68,996$ 117,124$ 47,602$ 68% 48,128$ 70%
Feb 68,873 63,673 30,177 (38,696) ‐56% (33,495) ‐53%
Mar 66,458 77,421 35,946 (30,513) ‐46% (41,475) ‐54%
Apr 179,282 185,568 91,404 (87,879) ‐49% (94,164) ‐51%
May 106,771 107,408 64,015 (42,756) ‐40% (43,393) ‐40%
Jun 172,332 171,135 227,942 55,610 32% 56,807 33%
Jul 318,669 352,117 428,943 110,275 35% 76,826 22%
Aug 245,982 239,664 313,197 67,215 27% 73,533 31%
Sep 119,109 128,721 119,720 611 1% (9,001) ‐7%
Oct 72,614 82,910 55,478 (17,136) ‐24% (27,432) ‐33%
Nov 36,383 54,128 61,601 25,219 69% 7,474 14%
Dec 29,129 48,876 42,331 13,202 45% (6,545) ‐13%
YTD Total 1,485,123$ 1,580,616$ 1,587,878$ 102,755$ 7% 7,262$ 0%
Annual Total 1,485,123$ 1,580,616$
Recreation
Year to Date through December
2015 vs. Budget2015 vs. 2014
Month
2014 2015 2015
Actual Budget Actual $ % $ %
Jan 301,808$ 268,496$ 265,068$ (36,741)$ ‐12% (3,428)$ ‐1%
Feb 257,027 268,496 264,413 7,386 3% (4,083) ‐2%
Mar 287,465 268,496 260,071 (27,393) ‐10% (8,424) ‐3%
Apr 295,489 268,496 248,466 (47,023) ‐16% (20,030) ‐7%
May 269,032 268,496 260,774 (8,259) ‐3% (7,722) ‐3%
Jun 277,620 268,496 292,480 14,860 5% 23,985 9%
Jul 244,707 268,496 252,451 7,744 3% (16,045) ‐6%
Aug 284,344 268,496 248,774 (35,570) ‐13% (19,721) ‐7%
Sep 278,550 268,496 247,822 (30,728) ‐11% (20,674) ‐8%
Oct 256,662 268,496 283,145 26,483 10% 14,649 5%
Nov 254,192 268,496 257,874 3,682 1% (10,622) ‐4%
Dec 263,607 268,496 225,093 (38,514) ‐15% (43,403) ‐16%
YTD Total 3,270,503$ 3,221,947$ 3,106,430$ (164,072)$ ‐5% (115,517)$ ‐4%
Annual Total 3,270,503$ 3,221,947$
Interfund Services
Year to Date through December
2015 vs. 2014 2015 vs. Budget
Month
Page 7 of 37
Monthly Financial Report December 2015
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 below breaks down
these fines by type. The year‐to‐
date total fines and penalties is $3
million. This is $336k or 13%
higher than a year ago but is
$301k or 9% below the budget.
The reason for the variance with
the prior year and budget is due
to a change in accounting for
December 2014’s revenue. In the
past we would record December
through November, but starting in 2015 we are recording January through December. The City is under the budget at year‐end.
Included in the Fines and Penalties revenue
budget is $2.2 million from the Photo
Enforcement program. The monthly budget is
based on the prior year’s revenue. The year‐
to‐date collections from this program equates
to $2.2 million.
The associated costs includes the equipment
provided by American Traffic Solutions, Inc.
(ATS), dedicated 1 FTE 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
50% pro tem budget and interpreter costs
amounts to $308k for personnel costs. The
total costs for the program equates to $1.1
million which is represented in the table. Due
to the timing of when the invoice was
received, January and February 2015’s equipment rental costs were recorded in March. The City recognized November and
December’s equipment rental costs in the month of December. The City is under the revenue budget at year‐end.
2014 2015 2015
Actual Budget Actual $ % $ %
Jan 136,762$ 180,526$ 124,856$ (11,906)$ ‐9% (55,670)$ ‐31%
Feb 151,470 241,215 213,981 62,511 41% (27,234) ‐11%
Mar 203,482 285,153 275,737 72,255 36% (9,417) ‐3%
Apr 263,785 357,892 245,206 (18,579) ‐7% (112,686) ‐31%
May 208,436 298,306 257,217 48,781 23% (41,089) ‐14%
Jun 224,214 299,729 268,116 43,903 20% (31,612) ‐11%
Jul 205,103 271,908 221,949 16,846 8% (49,959) ‐18%
Aug 258,728 261,362 280,257 21,529 8% 18,895 7%
Sep 247,480 243,883 272,343 24,862 10% 28,460 12%
Oct 239,990 262,728 260,327 20,336 8% (2,402) ‐1%
Nov 287,406 292,068 281,222 (6,185) ‐2% (10,847) ‐4%
Dec 256,092 325,729 318,027 61,935 24% (7,702) ‐2%
YTD Total 2,682,948$ 3,320,500$ 3,019,236$ 336,287$ 13% (301,264)$ ‐9%
Annual Total 2,682,948$ 3,320,500$
2015 vs. Budget2015 vs. 2014
Year to Date through December
Fines and Penalties by Month
Month
Year to Date through December
2014 2015 2015
Actual Budget Actual $ % $ %
Civil Penalties 5,633$ 15,500$ 3,868$ (1,765)$ ‐31% (11,632)$ ‐75%
Civil Infraction Penalties 509,829 605,500 385,164 (124,665) ‐24% (220,336) ‐36%
Civil Parking Infraction Penalties 171,557 197,000 165,557 (6,000) ‐3% (31,443) ‐16%
Photo Enforcement Program 1,719,971 2,194,000 2,171,184 451,212 26% (22,816) ‐1%
Criminal Traffic Misdemeanor Fines 82,953 112,000 87,307 4,354 5% (24,693) ‐22%
Criminal Non‐Traffic Fines 45,402 52,000 65,485 20,083 44% 13,485 26%
Criminal Costs 119,665 122,500 104,452 (15,213) ‐13% (18,048) ‐15%
Non‐Court Fines, Forfeitures and Penalties 27,938 22,000 36,220 8,282 30% 14,220 65%
YTD Total 2,682,948$ 3,320,500$ 3,019,236$ 336,287$ 13% (301,264)$ ‐9%
Annual Total 2,682,948$ 3,320,500$
Revenue
2015 vs. Budget
Fines and Penalties by Type
2015 vs. 2014
Favorable
15 Budget 15 Actual 15 Budget 15 Actual (Unfavorable)1
Jan 138,983$ 121,709$ 88,955$ 25,705$ 96,004$
Feb 148,513 152,185 88,955 25,705 126,480
Mar 168,263 198,034 88,955 162,480 35,554
Apr 251,837 166,166 88,955 94,253 71,913
May 200,513 164,775 88,955 94,100 70,675
Jun 191,262 200,678 88,955 94,154 106,524
Jul 193,937 148,024 88,955 94,291 53,734
Aug 168,554 216,524 88,955 94,258 122,266
Sep 153,716 202,489 88,955 94,222 108,268
Oct 170,949 186,018 88,955 94,108 91,911
Nov 199,054 177,660 88,955 93,455 84,205
Dec 208,419 236,920 88,955 161,205 75,715
YTD Total 2,194,000$ 2,171,184$ 1,067,460$ 1,127,934$ 1,043,250$
Annual Total 2,194,000$ 1,067,460$
1Actuals of Revenues and Expenses
ExpensesRevenues
Photo Enforcement Program
Year to Date through December
Month
Page 8 of 37
Monthly Financial Report December 2015
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 73% of
the total revenue in this category.
The year‐to‐date total
miscellaneous is $2.4 million.
Compared to last year, the
revenues are above by $69k or
3%. Compared to the projected
year‐to‐date budget, the revenues
are over by $293k or 14%. The negative amount for July 2014 is due to a correction made to move interest earned from Utility
tax audits, originally recorded in June. The large variance in January 2015 and September 2014 is due to recording a trued up
asset interfund interest received from Surface Water Utility. This offsets the correction made to the acreage count Street
Maintenance pays to Surface Water. The table below page breaks out miscellaneous revenues by type. The City has exceeded
the budget at year‐end.
Interest and other earnings are higher than the budget due to higher than expected interest earnings.
Rents, leases, and concessions are higher than the prior year and budget due to higher than expected facility rentals at the
Community Center and higher than expected food concessions at Coulon Park.
Other miscellaneous revenues are higher than the prior year and budget due to higher than expected utility late payment
penalties, miscellaneous reimbursements, and purchase card rebates.
Seizure funds are lower than the budget due to lower activity.
2014 2015 2015
Actual Budget Actual $ % $ %
Jan 243,963$ 196,426$ 269,664$ 25,701$ 11% 73,238$ 37%
Feb 99,547 84,425 135,539 35,992 36% 51,114 61%
Mar 126,132 138,899 182,386 56,253 45% 43,487 31%
Apr 70,094 80,582 132,893 62,799 90% 52,311 65%
May 107,650 110,553 144,753 37,103 34% 34,200 31%
Jun 257,714 209,423 215,629 (42,085) ‐16% 6,206 3%
Jul (21,407) 40,958 189,913 211,319 ‐987% 148,955 364%
Aug 121,979 127,944 199,969 77,990 64% 72,025 56%
Sep 552,749 361,236 139,977 (412,772) ‐75% (221,259) ‐61%
Oct 119,594 106,839 173,512 53,918 45% 66,673 62%
Nov 128,732 102,583 148,227 19,495 15% 45,644 44%
Dec 491,839 514,648 435,114 (56,725) ‐12% (79,533) ‐15%
YTD Total 2,298,586$ 2,074,516$ 2,367,576$ 68,990$ 3% 293,060$ 14%
Annual Total 2,298,586$ 2,074,516$
Year to Date through December
Month
2015 vs. Budget2015 vs. 2014
Miscellaneous Revenues by Month
2014 2015 2015
Actual Budget Actual $ % $ %
Interests and Other Earnings 981,630$ 875,300$ 973,208$ (8,423)$ ‐1% 97,908$ 11%
Rents, Leases, and Concessions 711,070 710,216 762,361 51,291 7% 52,145 7%
Contributions/Donations from Private Sources 113,626 137,000 147,292 33,665 30% 10,292 8%
Other 423,390 302,000 463,040 39,650 9% 161,040 53%
Seizure Funds ‐ Federal/State/Local 68,870 50,000 21,676 (47,194) ‐69% (28,324) ‐57%
YTD Total 2,298,586$ 2,074,516$ 2,367,576$ 68,990$ 3% 293,060$ 14%
Annual Total 2,298,586$ 2,074,516$
2015 vs. Budget
Miscellaneous Revenues by Type
Year to Date through December
Revenue
2015 vs. 2014
Page 9 of 37
Monthly Financial Report December 2015
EXPENSES
Overall the City has expended 97% of its budgeted general governmental expenditures at the end of December. This is $3.4
million or 2.8% below year‐to‐date budgeted expenditures. The City did not have any general governmental departments over
budget but we did see some divisions within those departments over budget. Please refer to the General Governmental Funds
Summary of Sources and Uses table on page 1 for details.
While the some of the $3.4 million is savings, approximately $30k (amount/items will change based on review) will have to
be carried forward/added to 2016 for obligations/services not yet received or been billed and new items needed:
$12k balance for 2015 Community Survey (Executive)
$9k correction for Housing Repair Assistance Program (Community Services)
$9k for Renton Municipal Arts Commission balance (Community and Economic Development)
CASH AND INVESTMENTS –
4TH QUARTER
The current cash and
investments (C&I)
portfolio is provided in the
table to the right. The
City’s current C&I balance
is $143.5 million.
Currently, the majority of
the portfolio is located in
cash deposits (US Bank).
The rest is spread out
between the State
Investment Pool, US
Federal Agency Securities,
and various certificates of
deposits.
The existing portfolio yield is approximately .66%.
Current %
Blended
Allowed
per policy
Current Portfolio
(principal value)
58% N/A $ 83,232,382
0% 100%‐$
7% 75% 9,964,141$
22% 75% 32,198,255$
13% 75% 18,151,026$
0% 25%‐$
TOTAL INVESTMENTS 100% 143,545,804$
*Excluding Cash the portfolio distribution is 17% LGIP; 30% CD's; 53% GSE's
By Type
Cash
US Treasury Securities
Local Government Investment Pool
US Federal Agency Securities
Certificates of Deposit
Commercial Paper
Cash
58%LGIP
7%
GSE's
22%
CD's
13%
Distribution by Type
By Institution Current %
Blended
Allowed
by Policy
Current Portfolio
(principal value)Maturity Date APY
Weighted
Yield
Blended
Cash US Bank ‐ Cash 58%N/A 83,232,382 overnight 0.45% 0.26%
US Treasury Securities
none 0% 100%‐ N/A N/A N/A
Local Government Investment Pool
3920 State Investment Pool 7% 75%9,964,141 10/1/2014 0.10% 0.02%
US Federal Agency Securities *
314179A FHLB 1,996,920 8/11/2017 1.05%0.01%
315189A FHLB 5,000,000 3/29/2018 1.07%0.04%
315189D FNMA 4,997,500 10/26/2018 1.03%0.04%
314179G FHLB 5,009,485 10/17/2017 0.93%0.03%
315209A FHLMC 1,600,000 5/26/2020 1.75%0.02%
315189C FHLMC 5,000,000 6/1/2018 1.12%0.04%
314189A FNMA 3,745,000 2/15/2018 1.30%0.03%
314179C FNMA 4,849,350 11/28/2017 1.00%0.03%
Certificates of Deposit
115184A First Savings Bank Northwest 5,092,087 2/6/2018 1.03%0.04%
114174A First Savings Bank Northwest 5,000,000 10/29/2017 1.15%0.04%
113164A First Savings Bank Northwest 5,000,000 2/4/2016 1.02%0.04%
111167a Columbia Bank 1% 2,015,400 11/9/2016 0.99%0.01%
214163A Commencement Bank (CDARS)1%1,043,540 9/15/2016 0.90%0.01%
Commercial Paper
none 0.00% 5%‐ N/A N/AN/A
143,545,804$
*Held in our safekeeping account at BNY Trust and Custody
TOTAL CASH & INVESTMENTS
20%
11%
75%22%
Page 10 of 37
Monthly Financial Report December 2015
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. The negative ending fund balance for the Golf Course fund is due to receiving less than anticipated user fees in 2015.
This negative balance will be corrected in 2016 due to the Golf Course making its final payment for debt service (interfund loan)
in 2015. 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 ‐ ‐ ‐ ‐ 101,934 60,600 ‐
Grants / intergovernmental 2,003,261 ‐ 109,496 ‐ 15,161 1,420,591 ‐
Charges for services 147,398 1,901,082 17,263,329 17,755,248 9,839,546 10,530,038 15,894,580
Interdepartmental services ‐ ‐ ‐ ‐ ‐ ‐ ‐
Fines and penalties 2,831 ‐ ‐ ‐ 645 ‐ ‐
Rents, leases, and misc fees 2,507,329 401,550 104,277 159,128 ‐ ‐ ‐
Interest and other misc 5,882 9,420 14,905 966,836 922,855 1,431,337 17,337
TOTAL REVENUES 4,666,701 2,312,052 17,492,007 18,881,212 10,880,141 13,442,566 15,911,917
EXPENSES:
Utility billing ‐ ‐ 125,241 109,157 89,974 144,578 ‐
Utility systems ‐ ‐ 16,478,714 3,878,651 3,185,077 3,547,753 ‐
Utility maintenance ‐ ‐ 280,298 5,423,863 1,557,548 2,589,666 15,235,848
Transportation 1,718,228 ‐ ‐ ‐ ‐ ‐ ‐
Golf ‐ 1,978,538 ‐ ‐ ‐ ‐ ‐
TOTAL EXPENSES 1,718,228 1,978,538 16,884,253 9,411,671 4,832,599 6,281,997 15,235,848
AMOUNT AVAILABLE FOR DEBT SERVICE 2,948,473 333,514 607,754 9,469,541 6,047,542 7,160,569 676,069
DEBT SERVICE:
Principal ‐ 391,853 ‐ 1,183,175 679,295 356,040 ‐
Interest ‐ 8,807 ‐ 578,738 292,110 775,387 ‐
TOTAL DEBT SERVICE ‐ 400,660 ‐ 1,761,913 971,405 1,131,427 ‐
CAPITAL PROJECTS 2,610,545 ‐ ‐ 893,634 904,870 3,149,304 ‐
TRANSFERS IN/(OUT)‐ ‐ (1,903) (4,467) (123,841) (1,280) ‐
CHANGE IN FUND BALANCE 337,928 (67,146) 605,851 6,809,527 4,047,426 2,878,558 676,069
BEGINNING FUND BALANCE, Jan 1 806,821 (42,911) 1,545,606 15,872,094 7,589,089 7,804,221 3,316,310
ENDING FUND BALANCE, Dec 31 1,144,749 (110,057) 2,151,457 22,681,621 11,636,515 10,682,779 3,992,379
Page 11 of 37
Monthly Financial Report December 2015
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 ‐ 183,212 ‐ ‐ ‐ ‐ ‐
Grants / intergovernmental ‐ ‐ ‐ ‐ ‐ ‐ 40,057
Charges for services
Equipment rental m&o 2,781,737 3,508,849 ‐ ‐ ‐ ‐ ‐
Print and mail ‐ 88,176 ‐ 420,446 ‐ ‐ ‐
Communications ‐ 3,183 ‐ 575,961 ‐ ‐ ‐
Facilities ‐ ‐ 4,921,483 ‐ ‐ ‐ ‐
Data cards and cell phones ‐ 160,434 ‐ ‐ ‐ ‐ ‐
IT service contracts ‐ 492,456 ‐ ‐ ‐ ‐ ‐
Interest and other misc 24,934 10,523 6,379 2,306 74,035 33,099 39,233
Internal service fund misc:
Vehicle / equipment capital recovery 2,960,971 170,000 ‐ ‐ ‐ ‐ ‐
Insurance premiums ‐ ‐ ‐ ‐ 1,845,403 ‐ ‐
Worker's comp/unemployment ‐ ‐ ‐ ‐ 1,841,137 ‐ ‐
Benefit premiums ‐ ‐ ‐ ‐ ‐ 11,672,157 2,226,646
Other misc 1,868 320 3,608 17 ‐ 1,161,646 ‐
Interfund Loan ‐ ‐ ‐ ‐ 534,932 ‐ ‐
Capital contributions ‐ ‐ ‐ ‐ ‐ ‐ ‐
Disposal of capital assets 141,405 ‐ ‐ ‐ ‐ ‐ ‐
Insurance recoveries 1,649 ‐ ‐ ‐ 93,109 ‐ ‐
TOTAL REVENUES 5,912,564 4,617,153 4,931,470 998,730 4,388,616 12,866,902 2,305,936
EXPENSES:
Communications 418,776
Equipment rental 2,216,914
Facilities 4,429,569
Healthcare 12,019,140
Information technology 3,786,096
Print and mail 387,590
Retiree healthcare 1,125,310
Risk management:
Risk ma nagement 2,063,905
Unemployment 37,850
Worker's compensation 1,570,864
TOTAL EXPENSES 2,216,914 3,786,096 4,429,569 806,366 3,672,619 12,019,140 1,125,310
AMOUNT AVAILABLE FOR CAPITAL 3,695,650 831,057 501,901 192,364 715,997 847,762 1,180,626
CAPITAL PROJECTS 3,675,378 487,924 428,809 ‐ ‐ ‐ ‐
TRANSFERS IN 289,689 68,127 32,322 ‐ 1,300,000 ‐ ‐
TRANSFERS (OUT)‐ ‐ ‐ ‐ (125,000) ‐ ‐
CHANGE IN FUND BALANCE 309,961 411,260 105,414 192,364 1,015,997 847,762 1,180,626
BEGINNING FUND BALANCE, Jan 1 5,310,319 1,916,048 1,154,089 383,969 12,069,311 6,675,505 7,711,863
ENDING FUND BALANCE, Dec 31 5,620,280 2,327,308 1,259,503 576,333 13,085,308 7,523,267 8,892,489
Page 12 of 37
Monthly Financial Report December 2015
FUND BALANCE
Page 14 shows the ending fund balance as of December 2015. 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 December, the City has $20 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 $2.4 million
from the year’s beginning balance. December’s ending fund balance is over the anticipated General Governmental Fund Balance
of $13.9 million by $6.1 million or 43.8%. Although the ending fund balance is above projections, it is consistent with the prior
years’ trends.
CONTACT INFORMATION
This report is prepared by the Finance Division of the Administrative Services Department. For additional financial information,
please also review our website: http://www.rentonwa.gov/. For any questions about the report, please feel free to contact us at
hnguyen@rentonwa.gov or JDThomas@Rentonwa.gov.
Page 13 of 37
Monthly Financial Report December 2015
City of Renton
All Funds ‐ Revenue, Expenditures and Fund Balances
Cash Basis through December 31, 2015
Funds
Balance
01/01/2015
Budgeted
Revenue
Revenue
12/31/15
Total Funds
Available
Budgeted
Expenditure
Expenditure
12/31/15 Ending Balance
GENERAL GOVERNMENT FUNDS:17,565,282 130,515,681 133,247,310 150,812,592 134,200,183 130,849,747 19,962,845
000 General 11,159,313 87,577,058 90,132,229 101,291,542 90,339,279 88,669,095 12,622,447
001 Community Services 2,467,703 11,978,920 12,044,861 14,512,564 12,608,356 11,693,780 2,818,784
003 Street 2,147,229 10,029,242 10,312,220 12,459,449 10,340,242 10,036,782 2,422,668
004 Community Dev Block Grant 74,951 462,908 57,699 132,650 448,804 65,996 66,654
005 Museum 65,500 227,761 227,982 293,482 227,761 227,094 66,388
009 Farmers Market 104,950 59,400 87,913 192,863 59,453 82,033 110,830
011 Fire Health & Wellness 74,565 25,000 25,288 99,853 25,000 11,447 88,406
201 Ltd GO Bonds Gen Govt Debt 838,633 1,749,405 1,756,165 2,594,798 1,749,405 1,749,525 845,273
215 Gen Govt Mi sc Debt Service 632,438 18,405,987 18,602,951 19,235,389 18,401,883 18,313,994 921,395
SPECIAL REVENUE FUNDS: 1,100,381 2,669,131 2,778,319 3,878,700 2,905,484 2,196,825 1,681,875
102 Arterial Street 14,885 640,000 656,812 671,697 640,000 640,000 31,697
108 Leased City Properties 121,014 1,651,457 1,692,431 1,813,445 1,760,918 1,252,930 560,515
110 Hotel Motel 219,090 265,000 313,238 532,328 283,942 216,738 315,590
125 1% For Art 101,380 15,000 9,826 111,206 102,950 ‐ 111,206
127 Cable Communication 313,090 97,674 104,443 417,533 117,674 87,157 330,376
135 Springbrook Wetlands Bank 330,922 ‐ 1,569 332,491 ‐ ‐ 332,491
CAPITAL PROJECT FUNDS (CIP): 27,979,966 31,584,643 19,189,257 47,169,223 54,638,617 26,129,575 21,039,648
303 Community Dev Mitigation 1,238,600 86,500 473,173 1,711,773 472,264 472,264 1,239,509
304 Fire Mitigation 926,488 99,000 533,182 1,459,670 250,000 250,000 1,209,670
305 Transportation Mitigation 844,648 600,000 1,244,935 2,089,583 1,152,335 1,152,335 937,248
316 Municipal Facilities CIP 4,493,986 14,168,279 9,665,581 14,159,567 18,368,489 4,895,426 9,264,141
317 Transportation CIP 4,059,718 16,630,864 7,219,323 11,279,041 18,990,769 7,331,910 3,947,131
326 Housing Opportunity 1,086,766 ‐ 5,009 1,091,775 75,000 50,000 1,041,775
336 New Library Development 15,329,760 ‐ 48,054 15,377,814 15,329,760 11,977,640 3,400,174
ENTERPRISE FUNDS:36,891,230 98,443,404 83,636,596 120,527,826 112,578,620 68,348,383 52,179,443
4X2 Airport Operating & CIP 806,821 16,596,888 4,666,701 5,473,522 16,469,927 4,328,772 1,144,750
403 Solid Waste Utility 1,545,606 16,461,726 17,492,007 19,037,613 16,675,139 16,886,157 2,151,456
4X4 Golf Operating & CIP (42,911) 2,655,383 2,362,053 2,319,142 2,616,052 2,429,198 (110,056)
4X5 Water Operating & CIP 15,872,094 16,272,634 18,881,213 34,753,307 23,299,381 12,071,685 22,681,622
4X6 Waste Water Operating & CIP 7,589,089 11,979,140 10,880,141 18,469,230 15,088,076 6,832,715 11,636,515
416 King County Metro 3,316,310 16,638,722 15,911,916 19,228,226 16,638,722 15,235,848 3,992,378
4X7 Surface Water Operating & CIP 7,804,221 17,838,911 13,442,565 21,246,786 21,791,323 10,564,008 10,682,778
INTERNAL SERVICE FUNDS:35,221,104 37,393,475 37,711,510 72,932,614 38,302,275 33,648,124 39,284,490
501 Equipment Repair/Replacement 5,310,319 5,901,271 6,202,253 11,512,572 7,436,777 5,892,292 5,620,280
502 Insurance 12,069,311 5,641,647 5,688,617 17,757,928 4,469,578 4,672,618 13,085,310
503 Information Services 1,916,048 4,677,631 4,685,281 6,601,329 5,653,265 4,274,020 2,327,309
504 Facilities 1,154,089 4,954,325 4,963,792 6,117,881 5,210,093 4,858,378 1,259,503
505 Communications 383,969 992,431 998,730 1,382,699 992,245 806,366 576,333
512 Insurance, Healthcare 6,675,505 12,954,736 12,866,902 19,542,407 13,424,573 12,019,140 7,523,267
522 Insurance, Leoff1 Retirees HC 7,711,863 2,271,434 2,305,935 10,017,798 1,115,744 1,125,310 8,892,488
FIDUCIARY FUNDS:5,040,982 468,000 474,975 5,515,957 210,475 216,922 5,299,035
611 Firemen's Pension 5,040,982 468,000 474,975 5,515,957 210,475 216,922 5,299,035
TOTAL FUNDS 123,798,945 301,074,334 277,037,967 400,836,912 342,835,654 261,389,576 139,447,336
Page 14 of 37
City of Renton
General Government Financial Position
2015 Budget Year
General Government Summary
Revenues Expenditures
$ Difference
over (under)
w/beginning
balance
17,565,282
January 5,697,180 8,067,548 (2,370,368) 15,194,914
February 11,956,490 17,074,731 (5,118,241) 12,447,041
March 18,465,333 25,740,531 (7,275,198) 10,290,084
April 35,699,323 33,688,640 2,010,683 19,575,965
May 51,254,305 42,084,303 9,170,002 26,735,284
June 58,502,159 51,004,212 7,497,948 25,063,230
July 66,463,072 64,338,959 2,124,113 19,689,395
August 73,257,997 73,279,846 (21,849) 17,543,433
September 80,087,858 82,095,423 (2,007,565) 15,557,717
October 93,114,545 90,590,196 2,524,349 20,089,631
November 109,704,799 99,152,824 10,551,975 28,117,257
December 119,555,505 117,157,942 2,397,563 19,962,845
(9,000,000)
(8,000,000)
(7,000,000)
(6,000,000)
(5,000,000)
(4,000,000)
(3,000,000)
(2,000,000)
(1,000,000)
-
1,000,000
2,000,000
3,000,000
4,000,000
5,000,000
6,000,000
7,000,000
8,000,000
9,000,000
10,000,000
11,000,000
12,000,000
-
10,000,000
20,000,000
30,000,000
40,000,000
50,000,000
60,000,000
70,000,000
80,000,000
90,000,000
100,000,000
110,000,000
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Change in Fund
Balance
Rev/Exp Revenues
Expenditures
Change in Fund Balance
Page 15 of 37
City of Renton
Monthly Revenue Analysis - 2015 Budget Year
General
Government Budget
YTD
Actual
Annual %
over (under)
Jan 6,145,486 5,697,180 -7.29%
Feb 12,790,736 11,956,490 -6.52%
Mar 19,333,475 18,465,333 -4.49%
Apr 34,325,422 35,699,323 4.00%
May 50,754,379 51,254,305 0.98%
Jun 56,869,444 58,502,159 2.87%
Jul 64,939,654 66,463,072 2.35%
Aug 71,396,275 73,257,997 2.61%
Sep 77,911,451 80,087,858 2.79%
Oct 94,169,667 93,114,545 -1.12%
Nov 109,287,397 109,704,799 0.38%
Dec 116,823,877 119,555,505 2.34%
Percent of budget 102.34%
Property Tax Budget
YTD
Actual
Annual %
over (under)
Jan 27,853 67,234 141.39%
Feb 320,628 374,240 16.72%
Mar 1,386,683 1,313,457 -5.28%
Apr 9,424,178 11,473,575 21.75%
May 17,968,476 19,057,443 6.06%
Jun 17,986,266 19,204,760 6.77%
Jul 18,513,875 19,270,155 4.08%
Aug 18,941,825 19,364,972 2.23%
Sep 19,457,794 19,926,497 2.41%
Oct 28,804,271 26,190,113 -9.08%
Nov 35,032,115 36,165,159 3.23%
Dec 36,040,000 36,369,429 0.91%
Percent of budget 100.91%
$-
$10
$20
$30
$40
$50
$60
$70
$80
$90
$100
$110
$120
$130
Millions Total Revenue
General Government
Budget
Actual
Last Year
$(3)
$-
$3
$6
$9
$12
$15
$18
$21
$24
$27
$30
$33
$36
Millions Property Tax
Budget
Actual
Last Year
Page 16 of 37
City of Renton
Monthly Revenue Analysis - 2015 Budget Year
Sales Tax Budget
YTD
Actual
Annual %
over (under)
Jan 2,005,372 1,966,653 -1.93%
Feb 4,478,155 4,494,673 0.37%
Mar 6,393,165 6,366,163 -0.42%
Apr 8,334,311 8,324,401 -0.12%
May 10,581,229 10,538,752 -0.40%
Jun 12,606,557 12,415,056 -1.52%
Jul 14,649,841 14,503,117 -1.00%
Aug 16,913,926 16,939,671 0.15%
Sep 19,045,728 19,289,499 1.28%
Oct 21,277,419 21,542,909 1.25%
Nov 23,550,027 23,957,848 1.73%
Dec 25,749,699 26,218,124 1.82%
Percent of budget 101.82%
Note: Excludes CJ Sales Tax and Natural Gas Use Tax.
Utility Tax Budget
YTD
Actual
Annual %
over (under)
Jan 1,303,962 1,199,348 -8.02%
Feb 2,748,015 2,571,119 -6.44%
Mar 4,136,967 4,115,178 -0.53%
Apr 5,494,151 5,379,077 -2.09%
May 6,841,335 6,641,841 -2.92%
Jun 8,106,068 8,457,125 4.33%
Jul 10,706,594 10,632,292 -0.69%
Aug 11,966,692 11,983,292 0.14%
Sep 13,274,966 13,197,436 -0.58%
Oct 14,410,063 14,401,842 -0.06%
Nov 15,604,760 15,743,900 0.89%
Dec 17,055,734 17,609,196 3.25%
Percent of budget 103.25%
Note: Includes Natural Gas Use Tax.
$-
$3
$6
$9
$12
$15
$18
$21
$24
$27
$30
Millions Sales Tax
Budget
Actual
Last Year
$-
$2
$4
$6
$8
$10
$12
$14
$16
$18
$20Millions Utility Tax
Budget
Actual
Last Year
Page 17 of 37
City of Renton
Monthly Revenue Analysis - 2015 Budget Year
Licenses &
Permits Budget
YTD
Actual
Annual %
over (under)
Jan 445,694 299,656 -32.77%
Feb 786,447 583,727 -25.78%
Mar 1,051,480 784,273 -25.41%
Apr 1,500,918 1,164,263 -22.43%
May 1,865,043 1,377,137 -26.16%
Jun 2,276,345 1,717,718 -24.54%
Jul 2,652,900 2,571,810 -3.06%
Aug 2,988,582 2,976,733 -0.40%
Sep 3,286,304 3,473,896 5.71%
Oct 3,821,693 3,919,158 2.55%
Nov 4,157,739 4,172,927 0.37%
Dec 4,406,417 4,457,152 1.15%
Percent of budget 101.15%
Note: GF only
Intergovt'l Budget
YTD
Actual
Annual %
over (under)
Jan 733,048 500,793 -31.68%
Feb 1,527,074 1,144,443 -25.06%
Mar 2,033,674 1,686,664 -17.06%
Apr 3,105,516 2,889,749 -6.95%
May 5,634,217 5,820,910 3.31%
Jun 6,304,756 6,536,174 3.67%
Jul 6,935,684 6,947,631 0.17%
Aug 7,532,187 7,796,091 3.50%
Sep 8,220,053 8,537,955 3.87%
Oct 9,299,963 9,382,466 0.89%
Nov 13,069,223 10,634,232 -18.63%
Dec 13,724,290 13,842,673 0.86%
Percent of budget 100.86%
Note: Includes CJ Sales Tax and FD25 & FD40 contracts
$-
$2
$4
$6
$8
$10
$12
$14
Millions Intergovernmental
Budget
Actual
Last Year
$-
$0.50
$1.00
$1.50
$2.00
$2.50
$3.00
$3.50
$4.00
Millions Licenses & Permits
Budget
Actual
Last Year
Page 18 of 37
City of Renton
Monthly Revenue Analysis - 2015 Budget Year
Charges for
Services Budget
YTD
Actual
Annual %
over (under)
Jan 572,520 523,882 -8.50%
Feb 1,115,763 982,531 -11.94%
Mar 1,721,063 1,508,665 -12.34%
Apr 2,387,509 2,428,409 1.71%
May 2,973,146 2,895,781 -2.60%
Jun 3,626,055 4,190,545 15.57%
Jul 4,431,424 5,100,073 15.09%
Aug 5,116,956 5,829,415 13.92%
Sep 5,683,982 6,366,503 12.01%
Oct 6,290,084 6,915,071 9.94%
Nov 6,776,774 7,495,770 10.61%
Dec 7,438,721 8,086,616 8.71%
Percent of budget 108.71%
Note: Excludes FD25 & FD40 contracts
Fines &
Forfeits Budget
YTD
Actual
Annual %
over (under)
Jan 180,526 124,856 -30.84%
Feb 421,742 338,837 -19.66%
Mar 706,895 614,574 -13.06%
Apr 1,064,787 859,779 -19.25%
May 1,363,093 1,116,996 -18.05%
Jun 1,662,822 1,385,113 -16.70%
Jul 1,934,730 1,607,062 -16.94%
Aug 2,196,092 1,887,318 -14.06%
Sep 2,439,975 2,159,661 -11.49%
Oct 2,702,703 2,419,988 -10.46%
Nov 2,994,771 2,701,209 -9.80%
Dec 3,320,500 3,019,236 -9.07%
Percent of budget 90.93%
$-
$1
$2
$3
$4
$5
$6
$7
$8
$9
Millions Charges for Services
Budget
Actual
Last Year
$-
$0.50
$1.00
$1.50
$2.00
$2.50
$3.00
$3.50
Millions Fines & Forfeits
Budget
Actual
Last Year
Page 19 of 37
City of Renton
Monthly Revenue Analysis - 2015 Budget Year
Other Taxes Budget
YTD
Actual
Annual %
over (under)
Jan 680,085 745,094 9.56%
Feb 1,112,062 1,061,217 -4.57%
Mar 1,471,347 1,488,270 1.15%
Apr 2,495,650 2,456,370 -1.57%
May 2,871,774 2,936,494 2.25%
Jun 3,435,087 3,511,086 2.21%
Jul 4,208,160 4,552,047 8.17%
Aug 4,630,128 5,002,153 8.03%
Sep 5,008,101 5,518,082 10.18%
Oct 5,886,587 6,551,157 11.29%
Nov 6,294,326 6,893,685 9.52%
Dec 6,759,000 7,315,281 8.23%
Percent of budget 108.23%
Misc Budget
YTD
Actual
Annual %
over (under)
Jan 196,426 269,664 37.29%
Feb 280,851 405,203 44.28%
Mar 419,749 587,589 39.99%
Apr 500,332 720,482 44.00%
May 610,885 865,234 41.64%
Jun 820,308 1,080,863 31.76%
Jul 861,266 1,270,776 47.55%
Aug 989,210 1,470,745 48.68%
Sep 1,350,446 1,610,722 19.27%
Oct 1,457,285 1,784,234 22.44%
Nov 1,559,868 1,932,462 23.89%
Dec 2,074,516 2,367,576 14.13%
Percent of budget 114.13%
$-
$0.50
$1.00
$1.50
$2.00
$2.50
Millions Miscellaneous
Budget
Actual
Last Year
$-
$1
$2
$3
$4
$5
$6
$7
Millions Other Taxes
Budget
Actual
Last Year
Page 20 of 37
City of Renton
Monthly Revenue Analysis - 2015 Budget Year
Other
Financing Budget
YTD
Actual
Annual %
over (under)
Jan - - N/A
Feb - 500 100.00%
Mar 12,452 500 -95.98%
Apr 18,072 3,218 -82.19%
May 45,181 3,718 -91.77%
Jun 45,181 3,718 -91.77%
Jul 45,181 8,107 -82.06%
Aug 120,676 7,607 -93.70%
Sep 144,101 7,607 -94.72%
Oct 219,598 7,607 -96.54%
Nov 247,794 7,607 -96.93%
Dec 255,000 270,224 5.97%
Percent of budget 105.97%
$0
$0
$0
$0
$0
$0
$0
Mi
l
l
i
o
n
s
Other Financing Sources
Budget
Actual
Last Year
Page 21 of 37
City of Renton
Monthly Revenue Analysis - 2015 Budget Year
REET Budget
YTD
Actual
Annual %
over (under)
Jan 150,985 226,377 49.93%
Feb 513,178 384,994 -24.98%
Mar 745,442 728,573 -2.26%
Apr 1,309,444 1,167,058 -10.87%
May 1,589,105 1,561,072 -1.76%
Jun 2,084,594 2,039,258 -2.17%
Jul 2,397,535 2,602,732 8.56%
Aug 2,724,095 2,884,653 5.89%
Sep 2,989,052 3,334,347 11.55%
Oct 3,350,302 3,832,325 14.39%
Nov 3,638,905 4,158,068 14.27%
Dec 4,400,000 4,595,166 4.44%
Percent of budget 104.44%
Bldg Permits
& Devlpmt Svc
Fees Budget
YTD
Actual
Annual %
over (under)
Jan 491,210 260,603 -46.95%
Feb 906,945 589,160 -35.04%
Mar 1,350,761 864,986 -35.96%
Apr 1,830,221 1,520,269 -16.94%
May 2,306,159 1,755,389 -23.88%
Jun 2,831,634 2,780,238 -1.82%
Jul 3,222,924 3,653,786 13.37%
Aug 3,637,887 4,108,757 12.94%
Sep 4,041,246 4,694,970 16.18%
Oct 4,582,607 5,157,161 12.54%
Nov 4,993,832 5,585,024 11.84%
Dec 5,504,749 6,077,055 10.40%
Percent of budget 110.40%
$-
$0.50
$1.00
$1.50
$2.00
$2.50
$3.00
$3.50
$4.00
$4.50
Millions Real Estate Excise Tax
Budget
Actual
Last Year
$-
$0.50
$1.00
$1.50
$2.00
$2.50
$3.00
$3.50
$4.00
$4.50
$5.00
$5.50
$6.00
$6.50
Millions Building Permits and Development Service
Fees
Budget
Actual
Last Year
Page 22 of 37
City of Renton
Monthly Expenditure Analysis - 2015 Budget Year
General
Government Budget
YTD
Actual
Annual %
over (under)
Jan 8,849,892 8,067,548 -8.84%
Feb 17,997,740 17,074,731 -5.13%
Mar 26,576,812 25,740,531 -3.15%
Apr 35,893,723 33,688,640 -6.14%
May 48,570,076 42,084,303 -13.35%
Jun 57,910,880 51,004,212 -11.93%
Jul 67,250,805 64,338,959 -4.33%
Aug 76,726,269 73,279,846 -4.49%
Sep 85,702,929 82,095,423 -4.21%
Oct 95,555,750 90,590,196 -5.20%
Nov 104,121,202 99,152,824 -4.77%
Dec 120,508,379 117,157,942 -2.78%
Percent of budget expended 108.58%
Legislative Budget
YTD
Actual
Annual %
over (under)
Jan 26,298 32,033 21.81%
Feb 58,089 58,037 -0.09%
Mar 87,938 88,145 0.23%
Apr 115,765 113,635 -1.84%
May 142,930 140,500 -1.70%
Jun 171,000 166,120 -2.85%
Jul 198,534 191,473 -3.56%
Aug 225,314 217,023 -3.68%
Sep 252,423 242,364 -3.98%
Oct 279,819 267,722 -4.32%
Nov 307,043 293,152 -4.52%
Dec 335,838 320,877 -4.46%
Percent of budget expended 95.54%
$-
$10
$20
$30
$40
$50
$60
$70
$80
$90
$100
$110
$120
Millions
Total Expenditures
General Government
Budget
Actual
Last Year
$-
$50,000
$100,000
$150,000
$200,000
$250,000
$300,000
$350,000
Legislative
Budget
Actual
Last Year
Page 23 of 37
City of Renton
Monthly Expenditure Analysis - 2015 Budget Year
Executive Budget
YTD
Actual
Annual %
over (under)
Jan 104,145 80,465 -22.74%
Feb 250,111 200,055 -20.01%
Mar 398,316 319,885 -19.69%
Apr 554,853 443,641 -20.04%
May 701,585 568,027 -19.04%
Jun 834,329 687,127 -17.64%
Jul 980,323 814,282 -16.94%
Aug 1,131,197 1,085,450 -4.04%
Sep 1,269,616 1,239,205 -2.40%
Oct 1,413,367 1,358,895 -3.85%
Nov 1,551,898 1,500,571 -3.31%
Dec 1,731,019 1,691,189 -2.30%
Percent of budget expended 97.70%
City Attorney Budget
YTD
Actual
Annual %
over (under)
Jan 147,754 151,100 2.27%
Feb 300,008 294,916 -1.70%
Mar 452,011 443,297 -1.93%
Apr 612,052 599,643 -2.03%
May 767,231 753,544 -1.78%
Jun 934,548 908,816 -2.75%
Jul 1,092,795 1,062,566 -2.77%
Aug 1,255,535 1,217,493 -3.03%
Sep 1,423,372 1,381,137 -2.97%
Oct 1,584,730 1,510,380 -4.69%
Nov 1,745,168 1,640,168 -6.02%
Dec 2,001,421 1,791,167 -10.51%
Percent of budget expended 89.49%
$-
$0.30
$0.60
$0.90
$1.20
$1.50
$1.80
Millions Executive
Budget
Actual
Last Year
$-
$0.40
$0.80
$1.20
$1.60
$2.00
Millions City Attorney
Budget
Actual
Last Year
Page 24 of 37
City of Renton
Monthly Expenditure Analysis - 2015 Budget Year
Court Services Budget
YTD
Actual
Annual %
over (under)
Jan 167,379 151,935 -9.23%
Feb 340,315 313,414 -7.90%
Mar 513,575 477,408 -7.04%
Apr 699,853 641,217 -8.38%
May 872,953 810,280 -7.18%
Jun 1,060,752 994,496 -6.25%
Jul 1,239,657 1,162,369 -6.23%
Aug 1,415,282 1,335,130 -5.66%
Sep 1,591,471 1,502,782 -5.57%
Oct 1,765,983 1,669,036 -5.49%
Nov 1,933,771 1,835,205 -5.10%
Dec 2,157,721 2,013,364 -6.69%
Percent of budget expended 93.31%
CED Admin Budget
YTD
Actual
Annual %
over (under)
Jan 96,399 88,408 -8.29%
Feb 192,792 177,244 -8.06%
Mar 289,500 266,079 -8.09%
Apr 387,901 358,681 -7.53%
May 484,593 452,800 -6.56%
Jun 581,892 546,093 -6.15%
Jul 679,312 735,445 8.26%
Aug 776,605 824,910 6.22%
Sep 874,091 914,918 4.67%
Oct 971,695 1,004,505 3.38%
Nov 1,068,592 1,093,721 2.35%
Dec 1,177,608 1,183,052 0.46%
Percent of budget expended 100.46%
$-
$0.20
$0.40
$0.60
$0.80
$1.00
$1.20
$1.40
$1.60
$1.80
$2.00
$2.20
Millions Court Services
Budget
Actual
Last Year
$-
$0.20
$0.40
$0.60
$0.80
$1.00
$1.20
Millions Community & Economic
Development Admin
Budget
Actual
Last Year
Page 25 of 37
City of Renton
Monthly Expenditure Analysis - 2015 Budget Year
Development
Services Budget
YTD
Actual
Annual %
over (under)
Jan 234,613 201,493 -14.12%
Feb 456,898 427,863 -6.35%
Mar 696,217 653,820 -6.09%
Apr 955,798 867,751 -9.21%
May 1,190,810 1,086,324 -8.77%
Jun 1,425,901 1,300,030 -8.83%
Jul 1,660,036 1,514,993 -8.74%
Aug 1,910,472 1,743,441 -8.74%
Sep 2,124,078 1,959,658 -7.74%
Oct 2,357,307 2,174,837 -7.74%
Nov 2,586,672 2,393,288 -7.48%
Dec 2,831,223 2,632,264 -7.03%
Percent of budget expended 92.97%
Economic
Development Budget
YTD
Actual
Annual %
over (under)
Jan 106,386 43,127 -59.46%
Feb 153,720 122,554 -20.27%
Mar 233,133 171,373 -26.49%
Apr 315,530 228,439 -27.60%
May 384,978 278,258 -27.72%
Jun 473,082 326,497 -30.98%
Jul 577,231 375,085 -35.02%
Aug 674,639 435,115 -35.50%
Sep 765,561 488,183 -36.23%
Oct 854,274 535,152 -37.36%
Nov 938,288 588,721 -37.26%
Dec 1,063,786 658,515 -38.10%
Percent of budget expended 61.90%
$-
$0.50
$1.00
$1.50
$2.00
$2.50
$3.00
Millions Development Services
Budget
Actual
Last Year
$-
$0.20
$0.40
$0.60
$0.80
$1.00
$1.20
Millions Economic Development
Budget
Actual
Last Year
Page 26 of 37
City of Renton
Monthly Expenditure Analysis - 2015 Budget Year
Planning Budget
YTD
Actual
Annual %
over (under)
Jan 178,040 197,905 11.16%
Feb 378,017 398,110 5.32%
Mar 586,222 616,614 5.18%
Apr 802,759 829,531 3.33%
May 1,018,496 1,087,344 6.76%
Jun 1,244,706 1,325,058 6.46%
Jul 1,480,705 1,537,578 3.84%
Aug 1,728,995 1,737,966 0.52%
Sep 1,974,856 1,965,628 -0.47%
Oct 2,227,348 2,195,594 -1.43%
Nov 2,456,673 2,404,791 -2.11%
Dec 2,718,890 2,606,551 -4.13%
Percent of budget expended 95.87%
Finance Budget
YTD
Actual
Annual %
over (under)
Jan 196,797 171,705 -12.75%
Feb 396,355 350,741 -11.51%
Mar 607,163 531,013 -12.54%
Apr 830,317 711,350 -14.33%
May 1,048,277 907,912 -13.39%
Jun 1,334,245 1,245,394 -6.66%
Jul 1,584,067 1,427,769 -9.87%
Aug 1,861,055 1,830,087 -1.66%
Sep 2,100,083 2,041,642 -2.78%
Oct 2,315,404 2,264,451 -2.20%
Nov 2,526,251 2,461,903 -2.55%
Dec 3,167,120 3,132,812 -1.08%
Percent of budget expended 98.92%
$-
$0.40
$0.80
$1.20
$1.60
$2.00
$2.40
$2.80
Millions Finance
Budget
Actual
Last Year
$-
$0.50
$1.00
$1.50
$2.00
$2.50
$3.00
Millions Planning
Budget
Actual
Last Year
Page 27 of 37
City of Renton
Monthly Expenditure Analysis - 2015 Budget Year
City Clerk Budget
YTD
Actual
Annual %
over (under)
Jan 62,327 55,655 -10.71%
Feb 154,117 127,473 -17.29%
Mar 292,896 194,321 -33.66%
Apr 363,579 264,641 -27.21%
May 551,378 337,039 -38.87%
Jun 612,495 404,603 -33.94%
Jul 674,452 472,059 -30.01%
Aug 745,168 552,466 -25.86%
Sep 810,502 618,893 -23.64%
Oct 876,269 727,698 -16.96%
Nov 938,389 803,924 -14.33%
Dec 1,091,558 1,027,084 -5.91%
Percent of budget expended 94.09%
Includes Hearing Examiner
Human
Resources Budget
YTD
Actual
Annual %
over (under)
Jan 92,234 66,108 -28.33%
Feb 191,724 156,267 -18.49%
Mar 299,478 256,191 -14.45%
Apr 419,831 366,906 -12.61%
May 520,778 462,817 -11.13%
Jun 633,337 560,008 -11.58%
Jul 740,272 659,471 -10.92%
Aug 851,182 754,220 -11.39%
Sep 962,393 846,717 -12.02%
Oct 1,068,605 957,363 -10.41%
Nov 1,178,873 1,050,082 -10.92%
Dec 1,316,577 1,182,629 -10.17%
Percent of budget expended 89.83%
$-
$0.20
$0.40
$0.60
$0.80
$1.00
$1.20
$1.40
Millions Human Resources
Budget
Actual
Last Year
$-
$0.20
$0.40
$0.60
$0.80
$1.00
$1.20
Millions City Clerk
Budget
Actual
Last Year
Page 28 of 37
City of Renton
Monthly Expenditure Analysis - 2015 Budget Year
Police Budget
YTD
Actual
Annual %
over (under)
Jan 2,831,966 2,696,824 -4.77%
Feb 5,327,519 5,110,347 -4.08%
Mar 8,115,207 8,006,482 -1.34%
Apr 10,600,396 10,472,025 -1.21%
May 13,410,580 13,204,343 -1.54%
Jun 16,025,584 15,808,511 -1.35%
Jul 18,859,726 18,702,324 -0.83%
Aug 21,336,186 21,233,544 -0.48%
Sep 24,183,227 24,057,053 -0.52%
Oct 26,700,397 26,592,484 -0.40%
Nov 29,485,611 29,499,592 0.05%
Dec 32,440,663 32,286,965 -0.47%
Percent of budget expended 99.53%
Fire &
Emergency
Services Budget
YTD
Actual
Annual %
over (under)
Jan 2,506,575 2,067,851 -17.50%
Feb 5,156,433 5,131,944 -0.47%
Mar 7,292,413 7,236,866 -0.76%
Apr 9,435,454 9,250,808 -1.96%
May 11,485,313 11,360,848 -1.08%
Jun 13,624,016 13,459,450 -1.21%
Jul 15,814,263 15,607,269 -1.31%
Aug 18,187,917 17,680,343 -2.79%
Sep 20,349,091 19,870,338 -2.35%
Oct 22,531,951 21,926,869 -2.69%
Nov 24,695,074 24,175,218 -2.11%
Dec 27,038,036 26,536,999 -1.85%
Percent of budget expended 98.15%
$-
$3
$6
$9
$12
$15
$18
$21
$24
$27
$30
$33
Millions Police
Budget
Actual
Last Year
$-
$3
$6
$9
$12
$15
$18
$21
$24
$27
Millions Fire & Emergency Services
Budget
Actual
Last Year
Page 29 of 37
City of Renton
Monthly Expenditure Analysis - 2015 Budget Year
Community
Services Admin Budget
YTD
Actual
Annual %
over (under)
Jan 43,966 41,417 -5.80%
Feb 90,262 84,599 -6.27%
Mar 139,409 131,187 -5.90%
Apr 186,134 173,595 -6.74%
May 230,632 211,318 -8.37%
Jun 276,022 247,147 -10.46%
Jul 322,391 290,564 -9.87%
Aug 367,593 334,458 -9.01%
Sep 412,944 377,704 -8.53%
Oct 457,663 419,558 -8.33%
Nov 506,080 463,226 -8.47%
Dec 560,787 509,439 -9.16%
Percent of budget expended 90.84%
Parks Budget
YTD
Actual
Annual %
over (under)
Jan 325,659 291,345 -10.54%
Feb 673,002 618,104 -8.16%
Mar 1,027,206 958,044 -6.73%
Apr 1,412,601 1,289,256 -8.73%
May 1,804,734 1,638,570 -9.21%
Jun 2,226,430 2,010,536 -9.70%
Jul 2,682,332 2,473,410 -7.79%
Aug 3,178,173 2,870,952 -9.67%
Sep 3,648,648 3,293,368 -9.74%
Oct 4,090,791 3,675,425 -10.15%
Nov 4,476,422 4,021,960 -10.15%
Dec 4,870,254 4,411,383 -9.42%
Percent of budget expended 90.58%
$-
$0.50
$1.00
$1.50
$2.00
$2.50
$3.00
$3.50
$4.00
$4.50
$5.00
Millions Parks
Budget
Actual
Last Year
$0
$100,000
$200,000
$300,000
$400,000
$500,000
$600,000
Community Services Admin
Budget
Actual
Last Year
Page 30 of 37
City of Renton
Monthly Expenditure Analysis - 2015 Budget Year
Parks Planning
and Natural
Resources Budget
YTD
Actual
Annual %
over (under)
Jan 55,675 46,145 -17.12%
Feb 115,072 93,550 -18.70%
Mar 187,578 151,169 -19.41%
Apr 256,383 208,488 -18.68%
May 340,506 283,762 -16.66%
Jun 408,125 338,895 -16.96%
Jul 488,654 418,287 -14.40%
Aug 564,003 489,839 -13.15%
Sep 646,544 564,806 -12.64%
Oct 724,329 659,859 -8.90%
Nov 807,560 732,286 -9.32%
Dec 999,004 808,558 -19.06%
Percent of budget expended 80.94%
Recreation Budget
YTD
Actual
Annual %
over (under)
Jan 314,595 338,282 7.53%
Feb 674,027 685,764 1.74%
Mar 1,038,567 1,048,007 0.91%
Apr 1,416,679 1,422,635 0.42%
May 1,774,643 1,795,232 1.16%
Jun 2,177,027 2,207,568 1.40%
Jul 2,840,460 2,820,946 -0.69%
Aug 3,538,644 3,440,666 -2.77%
Sep 4,068,609 3,939,814 -3.17%
Oct 4,421,871 4,302,363 -2.70%
Nov 4,779,294 4,673,994 -2.20%
Dec 5,200,923 5,087,811 -2.17%
Percent of budget expended 97.83%
$-
$200,000
$400,000
$600,000
$800,000
$1,000,000
$1,200,000
Parks Planning and Natural Resources
Budget
Actual
Last Year
$0.00
$0.50
$1.00
$1.50
$2.00
$2.50
$3.00
$3.50
$4.00
$4.50
$5.00
$5.50
Millions Recreation
Budget
Actual
Last Year
Page 31 of 37
City of Renton
Monthly Expenditure Analysis - 2015 Budget Year
Human
Services Budget
YTD
Actual
Annual %
over (under)
Jan 48,572 46,455 -4.36%
Feb 141,007 95,909 -31.98%
Mar 242,790 251,898 3.75%
Apr 376,801 410,324 8.90%
May 459,317 470,636 2.46%
Jun 518,930 548,427 5.68%
Jul 654,312 685,824 4.82%
Aug 742,062 760,204 2.44%
Sep 792,922 832,688 5.02%
Oct 937,329 989,382 5.55%
Nov 1,010,163 1,043,621 3.31%
Dec 1,204,977 1,225,835 1.73%
Percent of budget expended 101.73%
Neighborhoods
, Resources,
and Events Budget
YTD
Actual
Annual %
over (under)
Jan 71,877 57,115 -20.54%
Feb 160,969 132,128 -17.92%
Mar 234,444 197,567 -15.73%
Apr 308,166 257,014 -16.60%
May 375,327 324,365 -13.58%
Jun 462,220 401,711 -13.09%
Jul 579,552 520,522 -10.19%
Aug 670,339 613,785 -8.44%
Sep 750,598 708,481 -5.61%
Oct 831,121 774,155 -6.85%
Nov 918,936 841,423 -8.44%
Dec 1,036,841 958,624 -7.54%
Percent of budget expended 92.46%
$-
$0.20
$0.40
$0.60
$0.80
$1.00
$1.20
Millions Human Services
Budget
Actual
Last Year
$-
$200,000
$400,000
$600,000
$800,000
$1,000,000
$1,200,000
Neighborhoods, Resources, and Events
Budget
Actual
Last Year
Page 32 of 37
City of Renton
Monthly Expenditure Analysis - 2015 Budget Year
Museum Fund Budget
YTD
Actual
Annual %
over (under)
Jan 18,126 18,605 2.64%
Feb 36,275 37,516 3.42%
Mar 54,386 56,379 3.67%
Apr 73,431 75,445 2.74%
May 92,462 94,299 1.99%
Jun 111,827 113,004 1.05%
Jul 131,075 131,778 0.54%
Aug 150,608 151,082 0.31%
Sep 169,866 170,064 0.12%
Oct 189,289 189,243 -0.02%
Nov 208,614 208,186 -0.20%
Dec 227,761 227,094 -0.29%
Percent of budget expended 99.71%
Public Works
Admin Budget
YTD
Actual
Annual %
over (under)
Jan 34,823 31,422 -9.77%
Feb 69,626 64,809 -6.92%
Mar 104,435 96,942 -7.17%
Apr 141,243 128,823 -8.79%
May 175,830 161,020 -8.42%
Jun 208,809 193,206 -7.47%
Jul 240,160 225,570 -6.08%
Aug 271,809 258,768 -4.80%
Sep 303,553 291,848 -3.86%
Oct 334,125 323,704 -3.12%
Nov 364,445 355,440 -2.47%
Dec 395,867 387,493 -2.12%
Percent of budget expended 97.88%
$-
$50,000
$100,000
$150,000
$200,000
$250,000
$300,000
$350,000
$400,000 Public Works Admin
Budget
Actual
Last Year
$-
$30,000
$60,000
$90,000
$120,000
$150,000
$180,000
$210,000
$240,000
Museum Fund
Budget
Actual
Last Year
Page 33 of 37
City of Renton
Monthly Expenditure Analysis - 2015 Budget Year
Street
Maintenance Budget
YTD
Actual
Annual %
over (under)
Jan 382,448 387,644 1.36%
Feb 810,592 784,009 -3.28%
Mar 1,196,298 1,213,907 1.47%
Apr 1,694,724 1,612,472 -4.85%
May 2,115,430 2,027,380 -4.16%
Jun 2,545,047 2,452,514 -3.64%
Jul 2,969,351 2,920,408 -1.65%
Aug 3,394,715 3,381,140 -0.40%
Sep 3,834,705 3,791,733 -1.12%
Oct 4,322,555 4,197,786 -2.89%
Nov 4,746,267 4,592,421 -3.24%
Dec 5,186,713 5,061,723 -2.41%
Percent of budget expended 97.59%
Transportation Budget
YTD
Actual
Annual %
over (under)
Jan 347,922 300,741 -13.56%
Feb 768,213 642,729 -16.33%
Mar 1,176,725 1,186,713 0.85%
Apr 1,747,094 1,532,946 -12.26%
May 2,117,253 1,925,413 -9.06%
Jun 2,484,582 2,312,208 -6.94%
Jul 2,898,719 2,724,715 -6.00%
Aug 3,365,047 3,156,877 -6.19%
Sep 3,714,061 3,565,364 -4.00%
Oct 4,136,344 4,008,706 -3.09%
Nov 4,499,897 4,416,007 -1.86%
Dec 5,153,529 4,975,059 -3.46%
Percent of budget expended 96.54%
$-
$1.00
$2.00
$3.00
$4.00
$5.00
$6.00
Millions Street Maintenance
Budget
Actual
Last Year
$0.0
$0.5
$1.0
$1.5
$2.0
$2.5
$3.0
$3.5
$4.0
$4.5
$5.0
Millions Transportation
Budget
Actual
Last Year
Page 34 of 37
City of Renton
Monthly Expenditure Analysis - 2015 Budget Year
Debt Service Budget
YTD
Actual
Annual %
over (under)
Jan 20,241 48,139 137.83%
Feb 217,320 298,456 37.34%
Mar 217,523 298,456 37.21%
Apr 688,398 315,231 -54.21%
May 688,603 298,751 -56.61%
Jun 1,408,056 814,758 -42.14%
Jul 1,523,235 1,072,897 -29.56%
Aug 1,719,921 1,323,214 -23.07%
Sep 1,720,020 1,323,214 -23.07%
Oct 2,915,779 1,547,614 -46.92%
Nov 2,915,779 1,547,614 -46.92%
Dec 6,459,484 6,371,715 -1.36%
Percent of budget expended 98.64%
Non-
Departmental
Other City Budget
YTD
Actual
Annual %
over (under)
Jan 435,074 455,629 4.72%
Feb 885,281 668,193 -24.52%
Mar 1,093,382 888,765 -18.71%
Apr 1,497,979 1,114,142 -25.62%
May 5,815,436 1,403,520 -75.87%
Jun 6,127,921 1,632,035 -73.37%
Jul 6,339,190 5,791,355 -8.64%
Aug 6,663,809 5,851,672 -12.19%
Sep 6,959,694 6,107,821 -12.24%
Oct 7,247,404 6,317,413 -12.83%
Nov 7,475,442 6,516,312 -12.83%
Dec 10,140,778 10,069,740 -0.70%
Percent of budget expended 99.30%
$-
$1.00
$2.00
$3.00
$4.00
$5.00
$6.00
$7.00
$8.00
$9.00
$10.00
Millions Non-Departmental Other City Services
Budget
Actual
Last Year
$-
$1
$2
$3
$4
$5
$6
$7
$8
$9
Millions Debt Service
Budget
Actual
Last Year
Page 35 of 37
City of Renton
Monthly Enterprise Fund Financial Report - 2015 Budget Year
Utilities Budget Revenue Expense
Jan 5,496,388 5,924,339 3,255,611
Feb 11,743,584 11,761,602 9,177,660
Mar 18,286,196 18,199,879 13,336,961
Apr 24,457,123 24,382,710 16,788,962
May 31,338,990 30,878,316 22,688,463
Jun 39,313,029 37,437,155 29,803,028
Jul 47,606,264 44,703,712 33,891,138
Aug 55,153,250 51,790,989 38,739,436
Sep 63,711,730 58,125,298 43,639,627
Oct 71,136,709 64,667,098 48,304,856
Nov 78,057,080 70,361,924 52,985,899
Dec 93,492,641 76,607,766 61,585,364
Percent of budget expended 51.80%
Note: Operations and Capital
Airport Budget Revenue Expense
Jan 384,243 211,809 77,274
Feb 1,672,027 801,118 211,920
Mar 4,340,484 1,176,025 1,153,469
Apr 4,991,541 1,410,614 1,457,521
May 6,180,175 2,385,348 2,167,372
Jun 6,825,138 2,633,309 2,397,844
Jul 8,638,312 2,841,764 2,666,191
Aug 9,349,977 3,463,681 3,020,465
Sep 11,578,029 3,682,477 3,320,376
Oct 12,523,403 4,160,241 3,546,436
Nov 14,062,517 4,412,772 3,929,873
Dec 16,469,927 4,666,701 4,328,772
Percent of budget expended 26.28%
Note: Operations and Capital
$0
$10
$20
$30
$40
$50
$60
$70
$80
$90
Millions Utilities
Budget
Revenue
Expense
$-
$2.00
$4.00
$6.00
$8.00
$10.00
$12.00
$14.00
$16.00
$18.00
Millions Airport
Budget
Revenue
Expense
Page 36 of 37
City of Renton
Monthly Enterprise Fund Financial Report - 2015 Budget Year
Golf Course Budget Revenue Expense
Jan 136,222 86,725 126,955
Feb 267,568 192,539 271,231
Mar 424,001 356,415 452,194
Apr 608,130 576,883 608,006
May 756,759 835,706 774,384
Jun 959,820 1,183,367 956,202
Jul 1,153,686 1,502,346 1,166,019
Aug 1,493,111 1,838,160 1,356,952
Sep 1,741,845 2,062,396 1,528,872
Oct 1,899,744 2,227,475 1,710,206
Nov 2,046,993 2,294,561 1,871,145
Dec 2,616,052 2,362,053 2,429,199
Percent of budget expended 92.86%
Note: Operations and Capital
$-
$0.30
$0.60
$0.90
$1.20
$1.50
$1.80
$2.10
$2.40
$2.70
Millions Golf Course
Budget
Revenue
Expense
Page 37 of 37