HomeMy WebLinkAbout201602, FebruaryADMINISTRATIVE SERVICES
DEPARTMENT
M E M O R A N D U M
DATE: April 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: February 2016 Financial Status Report
At the end of February, general governmental revenues show $2.5 million or 20.3% over
budget. Revenue source(s) that are higher than expected are: sales tax ($145k); utility taxes
($416k); gambling taxes ($152k); real estate excise taxes ($435k); building permits &
development service fees ($369k) and seizure funds ($660k, restricted to drug enforcement and
not available for general purposes). If we remove the seizure funds, general governmental
revenues are $1.8 million or 14.9% over budget. February did not have any revenues that were
$100k under budget.
General government expenditures showed a favorable variance of $241k or 1.3%. 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.
This page is intentionally left blank
General Governmental Funds
$%
Beginning Fund Balance 17,454,261$ 17,454,261$ 17,565,282$ 17,565,282$ 13,433,567$ 13,433,567$ 19,962,845$ 6,529,278 48.6%
OPERATING REVENUES
Property Tax 35,295,390 74,744 36,369,429 374,240 37,213,314 376,309 359,864 (16,444) ‐4.4%
Sales Tax 21,512,379 3,686,718 23,439,266 4,018,727 23,999,421 4,153,833 4,299,027 145,194 3.5%
Sales Tax ‐ Annexation Credit 2,542,394 435,607 2,778,858 475,946 2,748,167 470,773 508,330 37,557 8.0%
Criminal Justice Sa les Tax 2,267,947 397,797 2,484,718 429,905 2,580,795 449,459 474,407 24,948 5.6%
Natural Gas Use Tax 271,485 65,110 228,899 53,367 268,000 62,483 47,577 (14,906) ‐23.9%
Admission Tax 310,311 80,243 309,790 85,046 320,000 85,297 77,752 (7,544) ‐8.8%
Franchise Fees 1,342,269 323,121 1,349,154 333,343 1,260,000 307,326 348,118 40,792 13.3%
Electricity Tax 5,167,444 1,051,035 5,012,962 813,149 4,946,019 905,690 1,091,698 186,009 20.5%
Natural Ga s Utility Tax 1,562,341 464,316 1,437,552 406,322 1,350,900 392,063 388,344 (3,719) ‐0.9%
Garbage/Solid Waste 573,457 116,166 638,073 88,160 580,000 97,818 101,043 3,225 3.3%
TV Cable 1,518,821 219,617 1,591,866 228,618 1,629,365 234,784 235,742 958 0.4%
Telephone 909,088 140,016 880,233 203,129 952,500 182,665 173,049 (9,616) ‐5.3%
Cellular Phone 1,951,925 243,976 1,674,355 137,016 1,671,056 175,568 313,355 137,787 78.5%
City Utilities 3,961,052 597,445 4,183,165 641,357 4,208,377 640,129 645,273 5,145 0.8%
Utility Tax Audit 460,513 ‐ 1,962,092 ‐ ‐ ‐ 111,227 111,227 100.0%
Leasehold Excise Tax 171,470 10,618 163,314 11,601 179,000 11,880 713 (11,166) ‐94.0%
Gambling Excise Tax 1,650,384 264,885 2,299,156 342,481 1,600,000 246,050 397,710 151,660 61.6%
Real Estate Excise Tax 4,348,762 610,596 4,595,166 384,994 4,000,000 966,843 1,401,806 434,962 45.0%
Less: CIP REET (1,650,000) (115,797) (1,401,300) (96,248) (2,000,000) (700,903) (700,903) ‐ 0.0%
EMS Levy ‐ ‐ 936,406 ‐ 946,000 ‐ ‐ ‐ 0.0%
B&O Taxes ‐ ‐ ‐ ‐ 5,000,000 ‐ ‐ ‐ 0.0%
Less: CIP B&O Taxes ‐ ‐ ‐ ‐ (2,000,000) ‐ ‐ ‐ 0.0%
Business License Fees 2,965,850 743,304 3,125,740 810,114 1,811,000 461,844 834,953 373,109 80.8%
Less: CIP Business License Fees (2,450,295) (615,228) (2,584,164) (670,044) (1,509,000) (385,240) (691,410) (306,170) 79.5%
Animal Licenses and Spec Events Permits 95,698 18,193 101,743 18,845 91,000 18,106 14,955 (3,151) ‐17.4%
Building Permits & Development Svc Fees 4,519,234 845,207 6,077,055 589,160 5,173,368 706,100 1,074,783 368,683 52.2%
Intergovt'l (Grants, State Shared, etc) 5,438,901 1,164,768 4,053,617 556,375 3,652,084 566,476 584,560 18,084 3.2%
Fire District 25 and 40 Contracts 5,959,428 151,469 6,369,132 158,163 6,128,712 164,356 164,356 ‐ 0.0%
Public Safety 844,375 162,778 649,797 100,737 630,135 110,892 204,268 93,376 84.2%
Culture and Recreation 1,485,123 138,395 1,587,878 147,301 1,778,093 165,309 211,793 46,484 28.1%
Interfund/Interdept‐Services 3,270,503 558,835 3,106,430 529,480 3,766,874 627,812 559,590 (68,222) ‐10.9%
Fines and Penalties 962,977 158,466 848,052 64,943 1,126,500 140,042 55,802 (84,239) ‐60.2%
Photo Enforcement 1,719,971 129,766 2,171,184 273,894 2,194,000 227,601 298,285 70,684 31.1%
Seizure Funds ‐ Federal/State/Local 68,870 1,848 21,676 ‐ 50,000 1,021 661,152 660,132 64683.8%
Interests and Other Earnings 981,630 19,330 973,208 105,682 875,300 55,975 108,296 52,321 93.5%
Rents, Leases, and Concessions 711,070 197,760 762,361 196,165 545,116 145,738 175,867 30,129 20.7%
Contributions and Donations 113,626 6,709 147,292 8,177 97,000 5,534 22,075 16,541 298.9%
Other Miscellaneous 879,105 182,978 941,127 135,844 705,630 118,626 162,099 43,473 36.6%
Other Financing Sources (Transfer‐In, etc) 48,632 ‐ 270,224 500 250,000 41,667 ‐ (41,667) ‐100.0%
Total Operating Revenues 111,782,133 12,530,792 119,555,505 11,956,490 118,818,726 12,229,924 14,715,559 2,485,635 20.3%
OPERATING EXPENDITURES
Council 309,317 55,960 320,877 58,037 348,161 62,980 64,182 (1,202) ‐1.9%
Executive 1,338,738 186,396 1,691,189 200,055 1,772,884 226,122 322,242 (96,120) ‐42.5%
City Attorney 1,829,254 276,371 1,791,167 294,916 2,213,353 349,257 326,649 22,609 6.5%
Court Services 2,016,273 323,167 2,013,364 313,414 2,187,710 345,603 335,163 10,440 3.0%
Community and Eco Dvlpmnt Admin 1,010,761 166,457 1,183,052 177,244 1,163,302 182,252 190,655 (8,403) ‐4.6%
Development Services 2,659,078 437,105 2,632,264 427,863 3,051,790 498,872 448,710 50,162 10.1%
Economic Development 654,007 80,671 658,515 122,554 902,274 139,703 108,276 31,427 22.5%
Planning 2,095,706 264,152 2,606,551 398,110 3,243,237 456,775 411,848 44,928 9.8%
Finance 2,644,827 331,528 3,132,812 350,741 2,927,787 345,736 434,053 (88,317) ‐25.5%
City Clerk 1,152,246 183,252 1,027,084 127,473 1,151,870 164,231 168,845 (4,613) ‐2.8%
Human Resources 922,668 131,247 1,182,629 156,267 1,372,669 187,462 185,388 2,073 1.1%
Police 26,383,640 4,309,226 28,144,699 4,420,628 30,007,426 4,804,116 4,565,715 238,400 5.0%
Jail Services 3,760,273 626,380 4,142,266 689,719 4,703,000 784,030 784,030 ‐ 0.0%
Fire 25,240,760 4,745,812 26,536,999 5,131,944 27,970,913 5,336,072 5,299,522 36,550 0.7%
Community Services Admin 480,727 75,787 509,439 84,599 562,434 91,102 113,335 (22,233) ‐24.4%
Parks 4,070,181 555,521 4,411,383 618,104 5,025,610 695,412 615,902 79,510 11.4%
Parks Planning & Natural Resources 722,739 90,409 808,558 93,550 1,125,443 135,203 103,226 31,977 23.7%
Recreation 4,823,195 603,208 5,087,811 685,764 5,338,949 694,355 697,557 (3,202) ‐0.5%
Human Services 1,159,189 143,610 1,225,835 95,909 1,212,606 121,777 213,832 (92,055) ‐75.6%
Neighborhoods, Resources, & Events 875,223 146,776 958,624 132,128 1,049,871 159,671 144,459 15,212 9.5%
Museum 214,291 33,387 227,094 37,516 235,281 37,795 37,570 225 0.6%
Public Works Admin 389,493 63,574 387,493 64,809 413,579 68,336 67,230 1,106 1.6%
Street Maintenance 4,503,315 658,352 5,061,723 784,009 5,349,313 806,650 805,426 1,224 0.2%
Transportation 4,263,725 632,259 4,975,059 642,729 5,159,047 711,969 720,619 (8,651) ‐1.2%
Debt Service 8,393,140 302,837 6,371,715 298,456 6,248,676 295,075 295,075 ‐ 0.0%
Non‐Departmental and Other 9,758,346 467,210 10,069,740 668,193 3,638,924 566,783 566,783 ‐ 0.0%
Total Operating Expenditures 111,671,112 15,890,655 117,157,942 17,074,731 118,376,109 18,267,342 18,026,295 241,047 1.3%
Total Ending Fund Balance 17,565,282$ 14,094,399$ 19,962,846$ 12,447,042$ 13,876,184$ 7,396,149$ 16,652,109$ 9,255,960$ 125.1%
Favorable (Unfavorable)
2014 2015 2016 Variance
Annual Actual YTD Actual Annual Budget YTD Budget YTD ActualSummary of Sources and Uses Annual Actual YTD Actual
Monthly Financial Report February 2016
Page 1 of 37
Monthly Financial Report February 2016
OVERVIEW
This financial overview reflects the City’s overall financial position for the fiscal year through February 29, 2016. 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 67% of all
resources supporting general governmental activities. The following section provides detail information on property, sales,
utility, and other taxes.
Property Tax
February’s collection is $315k,
making the total year‐to‐date
collection $360k or 1% of the total
budget. In comparison to the
previous year, the City collected
$14k or 4% less. Compared to the
budget, the City is below
projections by $16k or 4%.
Sales Tax
February 2016 sales tax receipts
totaled $2.3 million. Compared
with the same month last year, it
is $60k or 3% more. Compared to
the projected current month’s
budget, it is $29k or 1% above.
The year‐to‐date collection of
$4.3 million is $280k or 7% more
than the prior year and is also
$145k or 3% more than budgeted.
New Construction, Auto Sales and
Services are the sectors that are
collecting more than anticipated.
2016’s monthly budgets are
generally based on 2010 through
2015 collections.
2015 2016 2016
Actual Budget Actual $ % $ %
Jan 67,234$ 3,065$ 44,745$ (22,489)$ ‐33% 41,681$ 1360%
Feb 307,006 373,244 315,119 8,113 3% (58,125) ‐16%
Mar 939,218 1,074,259
Apr 10,160,118 8,131,093
May 7,583,868 9,072,513
Jun 147,318 34,492
Jul 65,395 518,865
Aug 94,817 439,220
Sep 561,525 520,828
Oct 6,263,616 8,267,195
Nov 9,975,046 7,836,248
Dec 204,271 942,291
YTD Total 374,240$ 376,309$ 359,864$ (14,375)$ ‐4% (16,444)$ ‐4%
Annual Total 36,369,429$ 37,213,314$
Property Tax Revenues
Year to Da te through February
2016 vs. 2015 2016 vs. Budget
Month
2015 2016 2016
Actual Budget Actual $ % $ %
Jan 1,758,332$ 1,862,249$ 1,978,530$ 220,198$ 13% 116,281$ 6%
Feb 2,260,395 2,291,583 2,320,497 60,102 3% 28,913 1%
Mar 1,674,147 1,777,535 ‐
Apr 1,750,506 1,766,278 ‐
May 1,977,843 2,098,153 ‐
Jun 1,677,458 1,842,450 ‐
Jul 1,866,949 1,907,549 ‐
Aug 2,178,289 2,108,862 ‐
Sep 2,100,591 2,030,965 ‐
Oct 2,014,951 2,100,010 ‐
Nov 2,158,753 2,153,518 ‐
Dec 2,021,053 2,060,268 ‐
YTD Total 4,018,727$ 4,153,833$ 4,299,027$ 280,300$ 7% 145,194$ 3%
Annual Total 23,439,266$ 23,999,421$
2016 vs. Budget2016 vs. 2015
Month
Year to Date through February
Local Retail Sales Tax Revenues
Page 2 of 37
Monthly Financial Report February 2016
The following table breaks out the City’s base sales tax (excluding Criminal Justice and Annexation Credit) by major business
sectors:
Utility tax
February utility tax revenues are
$1.6 million, which is $226k or
16% higher than the same month
last year and is also higher than
the budget by $179k or 13%. The
year‐to‐date collection is $3.1
million, which is $536k or 21%
higher than the prior year and is
also $416k or 15% higher than the
budget. The favorable variance is
due to collecting more than
anticipated in Electrical and Utility
Tax Audit proceeds and the timing
of collections received in Jan/Feb
2015 compared to 2016.
The table below breaks out Utility Tax by source. The favourable utility tax audit revenues are gross and do not include the
related audit fees ($26k).
2015 2016 2016
Actual Budget Actual $ % $ %
Jan 1,199,348$ 1,272,858$ 1,509,960$ 310,612$ 26% 237,102$ 19%
Feb 1,371,771 1,418,341 1,597,348 225,577 16% 179,007 13%
Mar 1,544,060 1,553,221
Apr 1,263,898 1,221,113
May 1,262,764 1,307,620
Jun 1,815,284 1,318,211
Jul 2,175,167 1,165,160
Aug 1,351,000 1,299,385
Sep 1,214,144 1,203,343
Oct 1,204,406 1,193,676
Nov 1,342,058 1,262,186
Dec 1,865,296 1,391,102
YTD Total 2,571,119$ 2,691,199$ 3,107,308$ 536,189$ 21% 416,109$ 15%
Annual Total 17,609,196$ 15,606,217$
2016 vs. Budget2016 vs . 2015
Year to Date through February
Utility Tax Revenues
Month
Sales Tax by Sector 2015 2016 Bgt YTD Act Change 2016/2015 2016 Act vs Bgt
New Construction 418,410$ 529,336$ 599,519$ 181,110$ 43%$ 70,184 13%
Auto Sales 732,157 769,069 815,108 82,951 11% 46,039 6%
General Retail 1,329,498 1,344,348 1,349,672 20,174 2% 5,323 0%
Manufacturing 357,836 307,524 313,113 (44,723) ‐13% 5,589 2%
Wholesale 206,880 201,350 185,218 (21,662) ‐10% (16,132)‐8%
Service 860,412 902,023 931,371 70,959 8% 29,348 3%
Other 113,535 100,182 105,026 (8,509) ‐7% 4,844 5%
YTD Total 4,018,727$ 4,153,833$ 4,299,027$ 280,300$ 7%145,194$ 3%
Note: Excludes Annexation Credit and Criminal Justice Sales Tax revenue.
Utility Tax by Type 2015 2016 Bgt YTD Act Change 2016/2015 2016 Act vs Bgt
Electrical 813,149$ 905,690$ 1,091,698$ 278,549$ 34%$ 186,009 21%
Natural Gas 459,689 454,545 435,920 (23,768) ‐5% (18,625)‐4%
Cell 137,016 175,568 313,355 176,338 129% 137,787 78%
Phone 203,129 182,665 173,049 (30,080) ‐15% (9,616)‐5%
Cable 228,618 234,784 235,742 7,124 3% 958 0%
Garbage/Solid Waste 88,160 97,818 101,043 12,883 15% 3,225 3%
City Utilities 641,357 640,129 645,273 3,916 1% 5,145 1%
Utility Tax Audit ‐ ‐ 111,227 111,227 100% 111,227 100%
YTD Total 2,571,119$ 2,691,199$ 3,107,308$ 536,189$ 21%416,109$ 15%
Annual Total 17,609,196$ 15,606,217$
YTD as % of 15% 17%
Page 3 of 37
Monthly Financial Report February 2016
Other Taxes
Real Estate Excise Tax
The City collected $197k in Real
Estate Excise Tax revenues (REET)
for February. This is $39k or 24%
more than the same month last
year but is $65k or 25% less than
the current month’s budget. The
year‐to‐date collection is $1.4
million, which is $1 million or
264% more than the prior year
and is also $435k or 45% above
the budget. The higher than
expected variance is due to 9
large transactions in December
and January which accounts for
$868k of the total REET collected.
Gambling Tax
February’s Gambling Tax
collections totaled $208k, which is
$24k or 13% above the same
month last year and is also above
the current month’s budget by
$79k or 62%. The year‐to‐date
total of $398k is $55k or 16%
above the prior year and is also
$152k or 62% above budget.
$11k of the year‐to‐date
collections are from a payment
plan of back taxes earned in
2013/2014.
Pull tabs overall had a 6%
increase, bingo had a 70%
decrease (bingo establishment
closed December 2015), and card‐rooms are seeing 31% 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 $348k is $15k or 4% higher
than the prior year and is also
$41k or 13% above the projected
year‐to‐date budget.
2015 2016 2016
Actual Budget Actual $ % $ %
Jan 226,377$ 704,460$ 1,204,479$ 978,102$ 432% 500,019$ 71%
Feb 158,616 262,383 197,327 38,710 24% (65,057) ‐25%
Mar 343,579 186,622
Apr 438,485 507,657
May 394,014 214,758
Jun 478,186 393,706
Jul 563,474 295,998
Aug 281,921 222,785
Sep 449,693 230,146
Oct 497,978 316,719
Nov 325,743 141,446
Dec 437,098 523,320
YTD Total 384,994$ 966,843$ 1,401,806$ 1,016,812$ 264% 434,962$ 45%
Annual Total 4,595,166$ 4,000,000$
Month
2016 vs. Budget2016 vs . 2015
Real Estate Excise Tax Revenues
Year to Date through February
2015 2016 2016
Actual Budget Actual $ % $ %
Jan 158,293$ 117,510$ 189,749$ 31,457$ 20% 72,239$ 61%
Feb 184,189 128,540 207,961 23,772 13% 79,420 62%
Mar 169,262 130,833 ‐
Apr 207,646 126,243 ‐
May 183,090 130,206 ‐
Jun 174,036 125,477 ‐
Jul 194,895 128,616 ‐
Aug 226,785 144,692 ‐
Sep 180,986 129,810 ‐
Oct 215,119 150,141 ‐
Nov 212,838 149,793 ‐
Dec 192,018 138,138 ‐
YTD Total 342,481$ 246,050$ 397,710$ 55,229$ 16% 151,660$ 62%
Annual Total 2,299,156$ 1,600,000$
2016 vs. 2015
Gambling Tax Revenue
Month
Year to Date through February
2016 vs. Budget
2015 2016 2016
Actual Budget Actual $ % $ %
Jan 333,343$ 307,326$ 348,118$ 14,775$ 4% 40,792$ 13%
Apr 335,218 308,402 ‐
Jul 340,657 311,290 ‐
Oct 339,936 309,807 ‐
Dec ‐ 23,175 ‐
YTD Total 333,343$ 307,326$ 348,118$ 14,775$ 4% 40,792$ 13%
Annual Total 1,349,154$ 1,260,000$
Franchise Fees Revenue
Year to Date through February
Month
2016 vs. 2015 2016 vs. Budget
Page 4 of 37
Monthly Financial Report February 2016
Admission Tax
Admission Tax returns are due
quarterly in January, April, July,
and October of each year.
January 2016 collections
represent activities conducted
during the 4th quarter of 2015.
The year‐to‐date collection of
$78k is $7k or 9% less than the
prior year and is also $8k or 9%
less than the budget.
Business & Occupation Tax
Business and Occupation (B&O)
Tax is a new revenue source for
the City in 2016. It was adopted by
the Council in the 2015/2016
biennial budget. Businesses with
gross receipts of $1.5 million or
more per year, earned within the
City of Renton, will be required to
file and pay B&O tax, in lieu of the
Per Employee Fee, which is
currently reported as Business
License revenue. Businesses that
are required to pay B&O tax do not
pay the Per Employee Fee and
businesses that do not meet the
$1.5 million threshold, will
continue to pay the Per Employee
Fee. Depending on the business size, some businesses will be paying B&O tax on quarterly basis and others will be paying
annually. April 2016 is the first collection month for quarterly B&O filers. Annual filers will not pay their first B&O payment until
2017, once they have a full years’ worth of revenue activity to report.
Licenses and Permits
Business Licenses
Business Licenses totaled $275k
for February, which is $53k or
24% above the same month last
year and is also $166k or 151%
above the current month’s
budget. The year‐to‐date
Business Licenses revenue of
$835k is $25k or 3% above the
prior year and is also above the
budget by $373k or 81%. The
annual budget was decreased due
to the City adopting the Business
& Occupation Tax for 2016.
2015 2016 2016
Actual Budget Actual $ % $ %
Jan 83,675$ 84,589$ 76,393$ (7,282)$ ‐9% (8,196)$ ‐10%
Feb 1,371 707 1,360 (11) ‐1% 652 92%
Mar 106 55 ‐
Apr 65,108 71,870 ‐
May 1,523 786 ‐
Jun ‐ 75 ‐
Jul 82,804 83,565 ‐
Oct 75,167 78,334 ‐
Nov 35 18 ‐
YTD Total 85,046$ 85,297$ 77,752$ (7,294)$ ‐9% (7,544)$ ‐9%
Annual Total 309,790$ 320,000$
2016 vs. Budget
Admission Tax Revenue
Year to Da te through February
Month
2016 vs. 2015
2015 2016 2016
Actual Budget Actual $ % $ %
Jan ‐$ ‐$ ‐$
Feb ‐ ‐ ‐
Mar ‐ ‐ ‐
Apr ‐ 1,666,667 ‐
May ‐ ‐ ‐
Jun ‐ ‐ ‐
Jul ‐ 1,666,667 ‐
Aug ‐ ‐ ‐
Sep ‐ ‐ ‐
Oct ‐ 1,666,667 ‐
Nov ‐ ‐ ‐
Dec ‐ ‐ ‐
YTD Total ‐$ ‐$ ‐$ ‐$ N/A ‐$ N/A
Annual Total ‐$ 5,000,000$
*Total Business & Occupation Taxes (GF & CIP)
Business & Occupation Taxes*
Year to Date through February
Month
2016 vs. 2015 2016 vs. Budget
2015 2016 2016
Actual Budget Actual $ % $ %
Jan 588,093$ 352,446$ 559,894$ (28,199)$ ‐5% 207,448$ 59%
Feb 222,022 109,398 275,059 53,038 24% 165,662 151%
Mar 26,067 16,194 ‐
Apr 513,360 318,272 ‐
May 167,985 75,750 ‐
Jun 25,663 19,444 ‐
Jul 645,791 381,556 ‐
Aug 134,328 68,456 ‐
Sep 29,333 17,246 ‐
Oct 637,451 373,662 ‐
Nov 117,394 67,012 ‐
Dec 18,254 11,564 ‐
YTD Total 810,114$ 461,844$ 834,953$ 24,839$ 3% 373,109$ 81%
Annual Total 3,125,740$ 1,811,000$
*Total Business License (GF & CIP)
Business Licenses*
Month
2016 vs. 2015
Year to Date through February
2016 vs. Budget
Page 5 of 37
Monthly Financial Report February 2016
Building Permits and
Development Service Fees
Building Permits and
Development Service Fee
revenues totaled $413k in
February. The year‐to‐date
development fees revenue of $1.1
million is $486k or 82% more than
the year before and is also $369k
or 52% higher than budget. The
large variance in January is due to
large payments for building
permits (Southport Developer and
Group Health Projects).
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 89% of the total
revenues in this category.
The year‐to‐date total Intergovernmental revenue is $1.2 million or 9% of the budget.
State Shared Revenues
State Shared Revenue
collections totaled $925k
since the start of the year.
Compared to the prior year,
State Shared Revenues are
above by $128k or 16%.
Compared to the projected
budget, the City is collecting
$49k or 6% more. The
higher than expected
collection is due to
collecting more than
anticipated Criminal
Justice’s Sales Tax and
Criminal Justice’s High Crime.
2015 2016 2016
Actual Budget Actual $ % $ %
Jan 260,603$ 341,282$ 661,363$ 400,760$ 154% 320,081$ 94%
Feb 328,557 364,818 413,420 84,863 26% 48,602 13%
Mar 275,826 319,009
Apr 655,282 492,468
May 235,121 291,407
Jun 1,024,848 723,808
Jul 873,549 585,030
Aug 454,971 378,288
Sep 586,213 478,819
Oct 462,191 425,333
Nov 427,863 326,114
Dec 492,031 446,990
YTD Total 589,160$ 706,100$ 1,074,783$ 485,623$ 82% 368,683$ 52%
Annual Total 6,077,055$ 5,173,368$
Building Permits and Development Se rvice Fees
Year to Date through February
2016 vs. Budget2016 vs. 2015
Month
Intergovernmental 2015 2016 Bgt YTD Act Change 2016/2015 2016 Act vs Bgt
Fire District #25 ‐$ ‐$ ‐$ ‐$ N/A $ ‐ N/A
Fire District #40 158,163 164,356 164,356 6,193 4%‐ 0%
State Shared Revenue 797,170 875,910 924,905 127,736 16% 48,996 6%
Federal Grants 133,343 65,477 65,477 (67,866) ‐51%‐ 0%
State Grants ‐ 0 ‐ ‐ N/A ‐ 0%
Other Grants/Intgovt 55,768 74,548 68,584 12,817 23% (5,963) ‐8%
ARRA Grants ‐ 0 ‐ ‐ N/A ‐ 0%
Total Rev YTD 1,144,443$ 1,180,291$ 1,223,323$ 78,880$ 7%43,033$ 4%
Total Rev Annual 13,842,673$ 13,307,591$
YTD %8 % 9 % 9 %
Note: Includes CJ Sales Tax and FD25 & FD40 contracts
2015 2016 2016
Actual Budget Actual $ % $ %
Crim Just Sales Tax 429,905$ 449,459$ 474,407$ 44,502$ 10% 24,948$ 6%
Judicial Contribution 5,409 ‐ 6,100 691 13% 6,100 100%
Crim Just ‐ High Crime 62,861 59,003 77,796 14,935 24% 18,793 32%
Crim Just ‐ Pop 6,345 5,837 6,626 281 4% 789 14%
Crim Just ‐ Spec Prog 23,311 21,663 24,226 915 4% 2,563 12%
State DUI 4,272 4,636 3,873 (399) ‐9% (762) ‐16%
Marijuana Enforcement ‐ ‐ ‐ ‐ N/A ‐ N/A
Liquor Profits ‐ ‐ ‐ ‐ N/A ‐ N/A
Liquor Excise Tax 48,351 110,628 104,339 55,989 116% (6,288) ‐6%
Fuel Tax 216,715 224,684 227,538 10,822 5% 2,854 1%
YTD Total 797,170$ 875,910$ 924,905$ 127,736$ 16% 48,996$ 6%
Annual Total 5,439,235$ 5,672,795$
2016 vs. Budget
State Shared Revenues
2016 vs. 2015
Revenue
Year to Date through February
Page 6 of 37
Monthly Financial Report February 2016
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 64%
of the total revenue in this category. The year‐to‐date total charges for services are $1.2 million or 15% of the budget. The
following sections provide detail information for Public Safety, Recreation, and Interfund Services.
Public Safety Services
Public Safety Services totaled
$204k 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 $104k or 103% more.
Compared to the year‐to‐date
budget, the City is over budget by
$93k or 84%. The variance with
the prior year and budget is due
to collecting 2 large
payments/reimbursements for
electronic home detention and
School Resource Office programs.
Recreation
Recreation revenues totaled $48k
for the current month. Compared
to the same month the prior year,
the City collected $18k or 59%
more. Compared to the projected
monthly budget, the City
collected $9k or 16% less. The
year‐to‐date collection of $212k is
$64k or 44% higher than the year
before and is also $46k or 28%
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 $152k in class revenues to be recognized as soon as the
classes begin.
2015 2016 2016
Actual Budget Actual $ % $ %
Jan 58,509$ 74,126$ 104,644$ 46,135$ 79% 30,518$ 41%
Feb 42,228 36,766 99,623 57,395 136% 62,858 171%
Mar 62,481 44,821 ‐
Apr 146,715 77,816 ‐
May 55,309 38,231 ‐
Jun 33,004 59,020 ‐
Jul 39,540 40,294 ‐
Aug 59,046 51,865 ‐
Sep 23,104 28,310 ‐
Oct 33,339 94,331 ‐
Nov 46,384 35,303 ‐
Dec 51,339 49,254 ‐
YTD Total 100,737$ 110,892$ 204,268$ 103,531$ 103% 93,376$ 84%
Annual Total 650,997$ 630,135$
Year to Date through February
Public Safety Services
2016 vs. 2015 2016 vs. Budget
Month
2015 2016 2016
Actual Budget Actual $ % $ %
Jan 117,124$ 107,996$ 163,783$ 46,659$ 40% 55,787$ 52%
Feb 30,177 57,312 48,009 17,832 59% (9,303) ‐16%
Mar 35,946 59,253 ‐
Apr 91,404 156,624 ‐
May 64,015 98,820 ‐
Jun 227,942 231,605 ‐
Jul 428,943 432,581 ‐
Aug 313,197 323,551 ‐
Sep 119,720 138,191 ‐
Oct 55,478 74,116 ‐
Nov 61,601 56,695 ‐
Dec 42,331 41,348 ‐
YTD Total 147,301$ 165,309$ 211,793$ 64,491$ 44% 46,484$ 28%
Annual Total 1,587,878$ 1,778,093$
Recreation
Year to Date through February
2016 vs. Budget2016 vs. 2015
Month
Page 7 of 37
Monthly Financial Report February 2016
Interfund Services
The year‐to‐date collections for
Interfund Services revenues are
$560k. Compared to the prior
year, the revenues are over by
$30k or 6%. Compared to the
projected budget, the revenues
are below by $68k or 11%. 2016’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.
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
$354k. This is $15k or 5% higher
than a year ago but is $14k or 4%
below the budget. The reason for
the variance with the 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. 2016’s budget is based on 2014/2015 activity.
2015 2016 2016
Actual Budget Actual $ % $ %
Jan 265,068$ 313,906$ 272,841$ 7,774$ 3% (41,065)$ ‐13%
Feb 264,413 313,906 286,748 22,336 8% (27,158) ‐9%
Mar 260,071 313,906 ‐
Apr 248,466 313,906 ‐
May 260,774 313,906 ‐
Jun 292,480 313,906 ‐
Jul 252,451 313,906 ‐
Aug 248,774 313,906 ‐
Sep 247,822 313,906 ‐
Oct 283,145 313,906 ‐
Nov 257,874 313,906 ‐
Dec 225,093 313,906 ‐
YTD Total 529,480$ 627,812$ 559,590$ 30,110$ 6% (68,222)$ ‐11%
Annual Total 3,106,430$ 3,766,874$
Interfund Services
Year to Date through February
2016 vs. 2015 2016 vs. Budget
Month
2015 2016 2016
Actual Budget Actual $ % $ %
Jan 124,856$ 152,177$ 136,421$ 11,565$ 9% (15,756)$ ‐10%
Feb 213,981 215,466 217,667 3,686 2% 2,201 1%
Mar 275,737 281,062
Apr 245,206 298,933
May 257,217 273,396
Jun 268,116 288,287
Jul 221,949 246,930
Aug 280,257 313,023
Sep 272,343 299,806
Oct 260,327 290,029
Nov 281,222 333,431
Dec 318,027 327,959
YTD Total 338,837$ 367,643$ 354,088$ 15,251$ 5% (13,555)$ ‐4%
Annual Total 3,019,236$ 3,320,500$
2016 vs. Budget2016 vs . 2015
Year to Date through February
Fines and Penalties by Month
Month
Year to Date through February
2015 2016 2016
Actual Budget Actual $ % $ %
Civil Penalties 368$ 2,773$ 316$ (53)$ ‐14% (2,457)$ ‐89%
Civil Infraction Penalties 27,696 75,971 25,826 (1,870) ‐7% (50,145) ‐66%
Civil Parking Infraction Penalties 9,683 24,001 12,247 2,565 26% (11,753) ‐49%
Photo Enforcement Program 273,894 227,601 298,285 24,391 9% 70,684 31%
Criminal Traffic Misdemeanor Fines 7,085 14,077 1,060 (6,025) ‐85% (13,017) ‐92%
Criminal Non‐Traffic Fines 4,837 5,277 585 (4,253) ‐88% (4,692) ‐89%
Criminal Costs 9,988 15,306 7,762 (2,227) ‐22% (7,545) ‐49%
Non‐Court Fines, Forfeitures and Penalties 5,285 2,637 8,008 2,723 52% 5,371 204%
YTD Total 338,837$ 367,643$ 354,088$ 15,251$ 5% (13,555)$ ‐4%
Annual Total 3,019,236$ 3,320,500$
Revenue
2016 vs. Budget
Fines and Penalties by Type
2016 vs. 2015
Page 8 of 37
Monthly Financial Report February 2016
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
$298k.
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 $320k 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 2016’s equipment rental cost was recorded in February.
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. The year‐to‐date total
miscellaneous is $1.1 million.
Compared to last year, the
revenues are above by $657k or
162%. Compared to the projected
year‐to‐date budget, the revenues
are over by $781k or 278%. The
large variance with the prior year
and budget is due to collecting
more than anticipated Seizure
Funds. These funds are restricted
to drug enforcement only and are not available for general operating purposes.
2015 2016 2016
Actual Budget Actual $ % $ %
Jan 269,664$ 188,129$ 258,876$ (10,789)$ ‐4% 70,746$ 38%
Feb 135,539 93,042 802,908 667,369 492% 709,866 763%
Mar 182,386 117,720
Apr 132,893 81,460
May 144,753 97,064
Jun 215,629 191,018
Jul 189,913 59,333
Aug 199,969 124,538
Sep 139,977 302,554
Oct 173,512 118,474
Nov 148,227 109,398
Dec 435,114 386,687
YTD Total 405,203$ 281,172$ 1,061,784$ 656,581$ 162% 780,612$ 278%
Annual Total 2,367,576$ 1,869,416$
Year to Date through February
Month
2016 vs. Budget2016 vs. 2015
Miscellaneous Revenues by Month
Favorable
16 Budget 16 Actual 16 Budget 16 Actual (Unfavorable)1
Jan 103,426$ 131,281$ 89,912$ 26,662$ 104,619$
Feb 124,175 167,005 89,912 97,181 69,824
Mar 170,255 ‐ 89,912 ‐ ‐
Apr 187,598 ‐ 89,912 ‐ ‐
May 163,442 ‐ 89,912 ‐ ‐
Jun 186,599 ‐ 89,912 ‐ ‐
Jul 164,807 ‐ 89,912 ‐ ‐
Aug 221,543 ‐ 89,912 ‐ ‐
Sep 213,406 ‐ 89,912 ‐ ‐
Oct 195,225 ‐ 89,912 ‐ ‐
Nov 218,318 ‐ 89,912 ‐ ‐
Dec 245,205 ‐ 89,912 ‐ ‐
YTD Total 227,601$ 298,285$ 179,824$ 123,843$ 174,442$
Annual Total 2,194,000$ 1,078,943$
1Actuals of Revenues and Expenses
ExpensesRevenues
Photo Enforcement Program
Year to Date through February
Month
2015 2016 2016
Actual Budget Actual $ % $ %
Interests and Other Earnings 105,682$ 55,975$ 108,296$ 2,614$ 2% 52,321$ 93%
Rents, Leases, and Concessions 196,165 145,738 175,867 (20,297) ‐10% 30,129 21%
Contributions/Donations from Private Sources 8,177 5,534 22,075 13,898 170% 16,541 299%
Other 95,180 72,904 94,393 (787) ‐1% 21,489 29%
Seizure Funds ‐ Federal/State/Local ‐ 1,021 661,152 661,152 100% 660,132 64684%
YTD Total 405,203$ 281,172$ 1,061,784$ 656,581$ 162% 780,612$ 278%
Annual Total 2,367,576$ 1,869,416$
2016 vs. Budget
Miscellaneous Revenues by Type
Year to Date through February
Revenue
2016 vs. 2015
Page 9 of 37
Monthly Financial Report February 2016
EXPENSES
Overall the City has expended 15% of its budgeted general governmental expenditures at the end of February. This is $241k or
1.3% below year‐to‐date budgeted expenditures. See below for summary of unfavorable items for general governmental
departments.
Council department is over the year‐to‐date budget by $1k or 1.9%. This is due to the updated Council salaries set by the
Independent Salary Commission. The budget will be updated to reflect these changes in the upcoming 2016 Carry Forward
Budget Amendment.
Executive department is over the year‐to‐date budget by $96k or 42.5%. This is due to the timing of when Sound Cities Ass
& AWC memberships were corrected in 2015 (August).
Administrative Services (Finance and City Clerk) department is over the year‐to‐date budget by $93k or 18.2%. This is due
higher than expected merchant fees, 2015 utility tax audit services paid in 2016 with no budget (will be requested during
2016 Carry Forward Budget Amendment) and the timing of when election/voter registration costs were paid compared to
2015.
Public Works (Admin, Street Maintenance and Transportation) department is over the year‐to‐date budget by 6k or 0.4%.
This is due to the timing of when Surface Water utility charges updated (April 2014) and spending patterns (dump fees) in
2014/2015.
Page 10 of 37
Monthly Financial Report February 2016
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 beginning fund balance for the Golf Course fund is due to receiving less than anticipated user fees in
2015. This negative balance will be corrected at the end of 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 ‐ ‐ ‐ ‐ 11,600 7,000 ‐
Grants / intergovernmental 297,102 ‐ ‐ ‐ ‐ 713,078 ‐
Charges for services 20,150 141,124 2,965,056 2,512,184 1,647,199 1,800,622 2,663,273
Interdepartmental services ‐ ‐ ‐ ‐ ‐ ‐ ‐
Fines and penalties 486 ‐ ‐ ‐ 517 ‐ ‐
Rents, leases, and misc fees 428,249 34,036 4,786 24,685 ‐ ‐ ‐
Interest and other misc 1,010 176 2,426 117,068 130,784 56,946 2,859
TOTAL REVENUES 746,997 175,336 2,972,268 2,653,937 1,790,100 2,577,646 2,666,132
EXPENSES:
Utility billing ‐ ‐ 22,760 17,650 16,924 28,010 ‐
Utility systems ‐ ‐ 1,529,411 561,957 511,460 672,596 ‐
Utility maintenance ‐ ‐ 47,127 835,575 271,714 427,678 2,510,276
Transportation 245,231 ‐ ‐ ‐ ‐ ‐ ‐
Golf ‐ 282,268 ‐ ‐ ‐ ‐ ‐
TOTAL EXPENSES 245,231 282,268 1,599,298 1,415,182 800,098 1,128,284 2,510,276
AMOUNT AVAILABLE FOR DEBT SERVICE 501,766 (106,932) 1,372,970 1,238,755 990,002 1,449,362 155,856
DEBT SERVICE:
Principal ‐ ‐ ‐ ‐ ‐ ‐ ‐
Interest ‐ ‐ ‐ ‐ ‐ 86,670 ‐
TOTAL DEBT SERVICE ‐ ‐ ‐ ‐ ‐ 86,670 ‐
CAPITAL PROJECTS 1,338 ‐ ‐ 71,392 59,377 93,625 ‐
TRANSFERS IN/(OUT)‐ ‐ ‐ ‐ ‐ ‐ ‐
CHANGE IN FUND BALANCE 500,428 (106,932) 1,372,970 1,167,363 930,625 1,269,067 155,856
BEGINNING FUND BALANCE, Jan 1 1,144,749 (110,056) 2,151,456 22,681,621 11,636,515 10,682,778 3,992,378
ENDING FUND BALANCE, Feb 29 1,645,177 (216,988) 3,524,426 23,848,984 12,567,140 11,951,845 4,148,234
Page 11 of 37
Monthly Financial Report February 2016
INTERNAL SERVICE FUNDS
The table below gives an analysis of all City Internal Service Funds. Displayed are the year‐to‐date revenues and expenditures
for each internal service. Included in each fund are the capital revenues and expenditures.
Equipment
Rental
Information
Technology Facilities Communications Insurance Healthcare Retiree
Healthcare
REVENUES:
Technology Fee ‐ 39,758 ‐ ‐ ‐ ‐ ‐
Grants / intergovernmental ‐ ‐ ‐ ‐ ‐ ‐ ‐
Charges for services
Equipment rental m&o 466,253 608,372 ‐ ‐ ‐ ‐ ‐
Print and mail ‐ 8,820 ‐ 71,337 ‐ ‐ ‐
Communications ‐ ‐ ‐ 99,802 ‐ ‐ ‐
Facilities ‐ ‐ 825,404 ‐ ‐ ‐ ‐
Data cards and cell phones ‐ 26,924 ‐ ‐ ‐ ‐ ‐
IT service contracts ‐ 82,076 ‐ ‐ ‐ ‐ ‐
Interest and other misc 4,121 1,708 984 426 9,029 5,377 6,296
Internal service fund misc:
Vehicle / equipment capital recovery 537,230 24,510 ‐ ‐ ‐ ‐ ‐
Insurance premiums ‐ ‐ ‐ ‐ 316,816 ‐ ‐
Worker's comp/unemployment ‐ ‐ ‐ ‐ 314,481 ‐ ‐
Benefit premiums ‐ ‐ ‐ ‐ ‐ 2,082,379 371,188
Other misc 35 ‐ 5,889 ‐ ‐ 194,450 ‐
Interfund Loan ‐ ‐ ‐ ‐ ‐ ‐ ‐
Capital contributions ‐ ‐ ‐ ‐ ‐ ‐ ‐
Disposal of capital assets 21,518 ‐ ‐ ‐ ‐ ‐ ‐
Insurance recoveries ‐ ‐ ‐ ‐ 32,372 ‐ ‐
TOTAL REVENUES 1,029,157 792,168 832,277 171,565 672,698 2,282,206 377,484
EXPENSES:
Communications 74,165
Equipment rental 279,677
Facilities 618,531
Healthcare 1,663,793
Information technology 586,795
Print and mail 52,652
Retiree healthcare 126,747
Risk management:
Risk management 624,082
Unemployment 31,185
Worker's compensation 344,760
TOTAL EXPENSES 279,677 586,795 618,531 126,817 1,000,027 1,663,793 126,747
AMOUNT AVAILABLE FOR CAPITAL 749,480 205,373 213,746 44,748 (327,329) 618,413 250,737
CAPITAL PROJECTS 10,482 3,066 96,201 ‐ ‐ ‐ ‐
TRANSFERS IN ‐ ‐ ‐ ‐ ‐ ‐ ‐
TRANSFERS (OUT)‐ ‐ ‐ ‐ ‐ ‐ ‐
CHANGE IN FUND BALANCE 738,998 202,307 117,545 44,748 (327,329) 618,413 250,737
BEGINNING FUND BALANCE, Jan 1 5,620,280 2,327,309 1,259,503 576,333 13,085,310 7,523,267 8,892,488
ENDING FUND BALANCE, Feb 29 6,359,278 2,529,616 1,377,048 621,081 12,757,981 8,141,680 9,143,225
Page 12 of 37
Monthly Financial Report February 2016
FUND BALANCE
Page 14 shows the ending fund balance as of February 2016. 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 February, the City has $16.7 million reported in the combined general governmental fund balance of the current
year’s operating budget, which is approximately 14% of budgeted operating expenditures. This is a decrease of $3.3 million
from the year’s beginning balance. February’s ending fund balance is over the anticipated General Governmental Fund Balance
of $7.4 million by $9.3 million or 125.1%. 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 February 2016
City of Renton
All Funds ‐ Revenue, Expenditures and Fund Balances
Cash Basis through February 29, 2016
Funds
Balance
01/01/2016
Budgeted
Revenue
Revenue
02/29/16
Total Funds
Available
Budgeted
Expenditure
Expenditure
02/29/16 Ending Balance
GENERAL GOVERNMENT FUNDS: 19,962,845 118,818,727 14,715,559 34,678,404 118,376,109 18,026,295 16,652,109
000 General 12,622,447 88,974,330 11,230,514 23,852,961 87,960,498 14,483,603 9,369,358
001 Community Services 2,818,784 12,478,994 1,523,943 4,342,727 13,038,993 1,665,729 2,676,999
003 Street 2,422,668 10,489,584 990,402 3,413,070 10,508,360 1,526,046 1,887,024
004 Community Dev Block Grant 66,654 307,462 57,199 123,853 295,986 8,312 115,541
005 Museum 66,388 235,281 40 66,428 235,281 37,570 28,857
009 Farmers Market 110,830 59,400 1,622 112,452 63,315 8,751 103,702
011 Fire Health & Wellness 88,406 25,000 4,318 92,724 25,000 1,209 91,515
201 Ltd GO Bonds Gen Govt Debt 845,273 1,755,255 591 845,864 1,755,255 ‐ 845,864
215 Gen Govt Misc Debt Service 921,395 4,493,421 906,929 1,828,324 4,493,421 295,075 1,533,248
SPECIAL REVENUE FUNDS: 1,681,875 1,951,764 316,188 1,998,063 1,889,837 168,957 1,829,106
102 Arterial Street 31,697 650,000 107,117 138,814 650,000 ‐ 138,814
108 Leased City Properties 560,515 924,090 109,885 670,400 877,163 167,957 502,443
110 Hotel Motel 315,590 265,000 35,085 350,675 265,000 ‐ 350,675
125 1% For Art 111,206 15,000 78 111,284 ‐ ‐ 111,284
127 Cable Communication 330,376 97,674 63,790 394,166 97,674 1,000 393,166
135 Springbrook Wetlands Bank 332,491 ‐ 233 332,724 ‐ ‐ 332,724
CAPITAL PROJECT FUNDS (CIP):21,039,649 22,586,552 2,573,676 23,613,325 23,879,345 711,926 22,901,399
303 Community Dev Mitigation 1,239,509 86,500 29,108 1,268,617 ‐ ‐ 1,268,617
304 Fire Mitigation 1,209,670 99,000 125,205 1,334,875 250,000 ‐ 1,334,875
305 Transportation Mitigation 937,248 433,000 82,796 1,020,044 ‐ ‐ 1,020,044
316 Municipal Facilities CIP 9,264,141 6,144,587 886,814 10,150,955 6,433,587 323,982 9,826,973
317 Transportation CIP 3,947,132 15,823,465 1,446,522 5,393,654 17,195,758 360,654 5,033,000
326 Housing Opportunity 1,041,775 ‐ 732 1,042,507 ‐ ‐ 1,042,507
336 New Library Development 3,400,174 ‐ 2,499 3,402,673 ‐ 27,290 3,375,383
ENTERPRISE FUNDS:52,179,441 76,620,298 13,590,747 65,770,188 76,784,075 8,301,368 57,468,820
4X2 Airport Operating & CIP 1,144,749 3,473,293 746,998 1,891,747 3,240,185 246,569 1,645,178
403 Solid Waste Utility 2,151,456 16,514,320 2,972,268 5,123,724 17,144,532 1,599,298 3,524,426
4X4 Golf Operating & CIP (110,056) 2,812,793 183,667 73,611 2,303,479 290,598 (216,987)
4X5 Water Operating & CIP 22,681,621 16,959,363 2,653,936 25,335,557 17,909,135 1,486,574 23,848,983
4X6 Waste Water Operating & CIP 11,636,515 10,169,271 1,790,100 13,426,615 9,276,937 859,474 12,567,141
416 King County Metro 3,992,378 16,638,722 2,666,132 6,658,510 16,638,722 2,510,276 4,148,234
4X7 Surface Water Operating & CIP 10,682,778 10,052,536 2,577,646 13,260,424 10,271,085 1,308,579 11,951,845
INTERNAL SERVICE FUNDS:39,284,490 37,408,531 6,157,553 45,442,043 34,259,955 4,512,134 40,929,909
501 Equipment Repair/Replacement 5,620,280 5,970,145 1,029,156 6,649,436 4,248,192 290,158 6,359,278
502 Insurance 13,085,310 4,166,201 672,698 13,758,008 3,509,594 1,000,027 12,757,981
503 Information Services 2,327,309 4,722,871 792,168 3,119,477 4,749,478 589,861 2,529,616
504 Facilities 1,259,503 4,953,544 832,277 2,091,780 4,959,108 714,732 1,377,048
505 Communications 576,333 1,027,739 171,565 747,898 1,029,881 126,816 621,082
512 Insurance, Healthcare 7,523,267 14,295,824 2,282,205 9,805,472 14,596,149 1,663,793 8,141,679
522 Insurance, Leoff1 Retirees HC 8,892,488 2,272,207 377,484 9,269,972 1,167,553 126,747 9,143,225
FIDUCIARY FUNDS:5,299,035 468,000 1,917 5,300,952 200,475 33,163 5,267,789
611 Firemen's Pension 5,299,035 468,000 1,917 5,300,952 200,475 33,163 5,267,789
TOTAL FUNDS 139,447,335 257,853,872 37,355,640 176,802,975 255,389,796 31,753,843 145,049,132
Page 14 of 37
City of Renton
General Government Financial Position
2016 Budget Year
General Government Summary
Revenues Expenditures
$ Difference
over (under)
w/beginning
balance
19,962,845
January 7,317,475 8,625,290 (1,307,815) 18,655,030
February 14,715,559 18,026,295 (3,310,736) 16,652,109
March
April
May
June
July
August
September
October
November
December
(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)
-
-
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
120,000,000
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 - 2016 Budget Year
General
Government Budget
YTD
Actual
Annual %
over (under)
Jan 5,817,550 7,317,475 25.78%
Feb 12,229,923 14,715,559 20.32%
Mar 18,889,318
Apr 34,761,449
May 51,659,207
Jun 57,992,924
Jul 65,863,573
Aug 72,648,842
Sep 79,164,555
Oct 94,965,806
Nov 109,087,113
Dec 118,818,726
Percent of budget 12.38%
Property Tax Budget
YTD
Actual
Annual %
over (under)
Jan 3,065 44,745 1360.10%
Feb 376,309 359,864 -4.37%
Mar 1,450,568
Apr 9,581,661
May 18,654,175
Jun 18,688,667
Jul 19,207,532
Aug 19,646,752
Sep 20,167,580
Oct 28,434,775
Nov 36,271,023
Dec 37,213,314
Percent of budget 0.97%
$-
$10
$20
$30
$40
$50
$60
$70
$80
$90
$100
$110
$120
$130
$140
Millions Total Revenue
General Government
Budget
Actual
Last Year
$-
$3
$6
$9
$12
$15
$18
$21
$24
$27
$30
$33
$36
$39
Millions Property Tax
Budget
Actual
Last Year
Page 16 of 37
City of Renton
Monthly Revenue Analysis - 2016 Budget Year
Sales Tax Budget
YTD
Actual
Annual %
over (under)
Jan 2,067,608 2,212,710 7.02%
Feb 4,624,605 4,807,357 3.95%
Mar 6,598,572
Apr 8,565,740
May 10,893,426
Jun 12,941,024
Jul 15,068,593
Aug 17,435,267
Sep 19,708,241
Oct 22,045,782
Nov 24,451,213
Dec 26,747,588
Percent of budget 17.97%
Note: Excludes CJ Sales Tax and Natural Gas Use Tax.
Utility Tax Budget
YTD
Actual
Annual %
over (under)
Jan 1,272,858 1,509,960 18.63%
Feb 2,691,199 3,107,308 15.46%
Mar 4,244,420
Apr 5,465,533
May 6,773,153
Jun 8,091,364
Jul 9,256,524
Aug 10,555,909
Sep 11,759,252
Oct 12,952,928
Nov 14,215,115
Dec 15,606,217
Percent of budget 19.91%
Note: Includes Natural Gas Use Tax.
$-
$3
$6
$9
$12
$15
$18
$21
$24
$27
Millions Sales Tax
Budget
Actual
Last Year
$-
$2
$4
$6
$8
$10
$12
$14
$16
$18Millions Utility Tax
Budget
Actual
Last Year
Page 17 of 37
City of Renton
Monthly Revenue Analysis - 2016 Budget Year
Licenses &
Permits Budget
YTD
Actual
Annual %
over (under)
Jan 318,371 707,784 122.31%
Feb 615,235 1,079,373 75.44%
Mar 827,143
Apr 1,185,530
May 1,435,887
Jun 1,820,918
Jul 2,381,261
Aug 2,708,612
Sep 3,112,452
Oct 3,516,273
Nov 3,759,344
Dec 4,009,000
Percent of budget 26.92%
Note: GF only
Intergovt'l Budget
YTD
Actual
Annual %
over (under)
Jan 574,724 589,820 2.63%
Feb 1,180,291 1,223,323 3.65%
Mar 1,735,777
Apr 2,834,459
May 5,538,507
Jun 6,134,968
Jul 6,624,773
Aug 7,408,337
Sep 7,990,952
Oct 8,733,456
Nov 9,854,930
Dec 13,307,591
Percent of budget 9.19%
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
$4.50
Millions Licenses & Permits
Budget
Actual
Last Year
Page 18 of 37
City of Renton
Monthly Revenue Analysis - 2016 Budget Year
Charges for
Services Budget
YTD
Actual
Annual %
over (under)
Jan 608,139 640,658 5.35%
Feb 1,135,310 1,197,265 5.46%
Mar 1,725,293
Apr 2,517,155
May 3,057,838
Jun 4,043,882
Jul 4,962,465
Aug 5,748,498
Sep 6,341,349
Oct 6,952,480
Nov 7,486,378
Dec 8,136,100
Percent of budget 14.72%
Note: Excludes FD25 & FD40 contracts
Fines &
Forfeits Budget
YTD
Actual
Annual %
over (under)
Jan 152,177 136,421 -10.35%
Feb 367,643 354,088 -3.69%
Mar 648,705
Apr 947,638
May 1,221,034
Jun 1,509,321
Jul 1,756,252
Aug 2,069,275
Sep 2,369,080
Oct 2,659,110
Nov 2,992,541
Dec 3,320,500
Percent of budget 10.66%
$-
$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 - 2016 Budget Year
Other Taxes Budget
YTD
Actual
Annual %
over (under)
Jan 611,646 1,216,500 98.89%
Feb 916,494 1,525,197 66.42%
Mar 1,197,449
Apr 3,100,048
May 3,403,604
Jun 3,869,347
Jul 5,632,574
Aug 5,957,221
Sep 6,273,290
Oct 8,089,336
Nov 8,344,672
Dec 8,359,000
Percent of budget 18.25%
Misc Budget
YTD
Actual
Annual %
over (under)
Jan 188,129 258,876 37.61%
Feb 281,172 1,061,784 277.63%
Mar 398,891
Apr 480,352
May 577,416
Jun 768,433
Jul 827,766
Aug 952,304
Sep 1,254,858
Oct 1,373,332
Nov 1,482,729
Dec 1,869,416
Percent of budget 56.80%
$-
$0.50
$1.00
$1.50
$2.00
$2.50
Millions Miscellaneous
Budget
Actual
Last Year
$-
$1
$2
$3
$4
$5
$6
$7
$8
$9
Millions Other Taxes
Budget
Actual
Last Year
Page 20 of 37
City of Renton
Monthly Revenue Analysis - 2016 Budget Year
Other
Financing Budget
YTD
Actual
Annual %
over (under)
Jan 20,833 - 0.00%
Feb 41,667 - 0.00%
Mar 62,500
Apr 83,333
May 104,167
Jun 125,000
Jul 145,833
Aug 166,667
Sep 187,500
Oct 208,333
Nov 229,167
Dec 250,000
Percent of budget 0.00%
REET Budget
YTD
Actual
Annual %
over (under)
Jan 704,460 1,204,479 70.98%
Feb 966,843 1,401,806 44.99%
Mar 1,153,465
Apr 1,661,123
May 1,875,881
Jun 2,269,587
Jul 2,565,585
Aug 2,788,369
Sep 3,018,515
Oct 3,335,234
Nov 3,476,680
Dec 4,000,000
Percent of budget 35.05%
$-
$0.50
$1.00
$1.50
$2.00
$2.50
$3.00
$3.50
$4.00
$4.50
$5.00
Millions Real Estate Excise Tax
Budget
Actual
Last Year
$0
$2
$4
$6
$8
$10
$12
$14
$16
Mi
l
l
i
o
n
s
Other Financing Sources
Budget
Actual
Last Year
Page 21 of 37
City of Renton
Monthly Revenue Analysis - 2016 Budget Year
Bldg Permits &
Devlpmt Svc
Fees Budget
YTD
Actual
Annual %
over (under)
Jan 341,282 661,363 93.79%
Feb 706,100 1,074,783 52.21%
Mar 1,025,109
Apr 1,517,577
May 1,808,985
Jun 2,532,793
Jul 3,117,823
Aug 3,496,111
Sep 3,974,931
Oct 4,400,264
Nov 4,726,378
Dec 5,173,368
Percent of budget 20.78%
B & O Tax Budget
YTD
Actual
Annual %
over (under)
Jan - - N/A
Feb - - N/A
Mar -
Apr 1,666,667
May 1,666,667
Jun 1,666,667
Jul 3,333,333
Aug 3,333,333
Sep 3,333,333
Oct 5,000,000
Nov 5,000,000
Dec 5,000,000
Percent of budget 0.00%
$-
$1.00
$2.00
$3.00
$4.00
$5.00
$6.00
$7.00
Millions Building Permits and Development Service
Fees
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
Millions Business & Occupation Tax
Budget
Actual
Last Year
Page 22 of 37
City of Renton
Monthly Expenditure Analysis - 2016 Budget Year
General
Government Budget
YTD
Actual
Annual %
over (under)
Jan 8,843,720 8,625,290 -2.47%
Feb 18,267,342 18,026,295 -1.32%
Mar 28,821,108
Apr 38,137,221
May 47,655,466
Jun 57,256,848
Jul 67,563,788
Aug 77,801,502
Sep 87,786,287
Oct 97,320,661
Nov 106,985,178
Dec 118,376,109
Percent of budget expended 15.23%
Legislative Budget
YTD
Actual
Annual %
over (under)
Jan 30,718 34,732 13.07%
Feb 62,980 64,182 1.91%
Mar 95,160
Apr 122,949
May 151,628
Jun 180,169
Jul 208,006
Aug 235,728
Sep 263,351
Oct 291,208
Nov 318,797
Dec 348,161
Percent of budget expended 18.43%
$-
$20
$40
$60
$80
$100
$120
$140
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 - 2016 Budget Year
Executive Budget
YTD
Actual
Annual %
over (under)
Jan 91,702 192,359 109.77%
Feb 226,122 322,242 42.51%
Mar 360,645
Apr 498,203
May 635,001
Jun 770,286
Jul 910,919
Aug 1,139,113
Sep 1,294,359
Oct 1,428,452
Nov 1,574,883
Dec 1,772,884
Percent of budget expended 18.18%
City Attorney Budget
YTD
Actual
Annual %
over (under)
Jan 175,034 157,485 -10.03%
Feb 349,257 326,649 -6.47%
Mar 527,350
Apr 710,479
May 896,957
Jun 1,092,924
Jul 1,282,507
Aug 1,475,680
Sep 1,671,064
Oct 1,846,482
Nov 2,021,528
Dec 2,213,353
Percent of budget expended 14.76%
$-
$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
$2.40
Millions City Attorney
Budget
Actual
Last Year
Page 24 of 37
City of Renton
Monthly Expenditure Analysis - 2016 Budget Year
Court Services Budget
YTD
Actual
Annual %
over (under)
Jan 169,086 163,432 -3.34%
Feb 345,603 335,163 -3.02%
Mar 524,116
Apr 706,499
May 890,985
Jun 1,081,645
Jul 1,265,010
Aug 1,449,036
Sep 1,627,840
Oct 1,805,361
Nov 1,978,143
Dec 2,187,710
Percent of budget expended 15.32%
CED Admin Budget
YTD
Actual
Annual %
over (under)
Jan 91,015 95,028 4.41%
Feb 182,252 190,655 4.61%
Mar 273,489
Apr 367,204
May 461,902
Jun 556,162
Jul 701,359
Aug 793,589
Sep 886,107
Oct 978,401
Nov 1,070,254
Dec 1,163,302
Percent of budget expended 16.39%
$-
$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 - 2016 Budget Year
Development
Services Budget
YTD
Actual
Annual %
over (under)
Jan 241,239 212,162 -12.05%
Feb 498,872 448,710 -10.06%
Mar 771,244
Apr 1,037,984
May 1,297,588
Jun 1,547,352
Jul 1,792,796
Aug 2,053,723
Sep 2,285,546
Oct 2,529,302
Nov 2,775,640
Dec 3,051,790
Percent of budget expended 14.70%
Economic
Development Budget
YTD
Actual
Annual %
over (under)
Jan 54,699 50,235 -8.16%
Feb 139,703 108,276 -22.50%
Mar 211,746
Apr 284,990
May 349,659
Jun 421,632
Jul 501,057
Aug 581,464
Sep 655,785
Oct 725,529
Nov 801,400
Dec 902,274
Percent of budget expended 12.00%
$-
$0.50
$1.00
$1.50
$2.00
$2.50
$3.00
Millions Development Services
Budget
Actual
Last Year
$-
$0.10
$0.20
$0.30
$0.40
$0.50
$0.60
$0.70
$0.80
$0.90
$1.00
Millions Economic Development
Budget
Actual
Last Year
Page 26 of 37
City of Renton
Monthly Expenditure Analysis - 2016 Budget Year
Planning Budget
YTD
Actual
Annual %
over (under)
Jan 221,962 203,948 -8.12%
Feb 456,775 411,848 -9.84%
Mar 719,704
Apr 975,403
May 1,265,675
Jun 1,549,887
Jul 1,824,298
Aug 2,095,599
Sep 2,380,903
Oct 2,685,584
Nov 2,952,764
Dec 3,243,237
Percent of budget expended 12.70%
Finance Budget
YTD
Actual
Annual %
over (under)
Jan 168,923 220,501 30.53%
Feb 345,736 434,053 25.54%
Mar 525,483
Apr 704,393
May 892,107
Jun 1,203,473
Jul 1,400,753
Aug 1,727,096
Sep 1,931,821
Oct 2,134,116
Nov 2,324,115
Dec 2,927,787
Percent of budget expended 14.83%
$-
$0.40
$0.80
$1.20
$1.60
$2.00
$2.40
$2.80
$3.20
$3.60
Millions Finance
Budget
Actual
Last Year
$-
$0.50
$1.00
$1.50
$2.00
$2.50
$3.00
$3.50
Millions Planning
Budget
Actual
Last Year
Page 27 of 37
City of Renton
Monthly Expenditure Analysis - 2016 Budget Year
City Clerk Budget
YTD
Actual
Annual %
over (under)
Jan 62,637 67,195 7.28%
Feb 164,231 168,845 2.81%
Mar 303,940
Apr 375,900
May 450,924
Jun 522,077
Jul 593,286
Aug 671,377
Sep 741,134
Oct 834,041
Nov 907,039
Dec 1,151,870
Percent of budget expended 14.66%
Includes Hearing Examiner
Human
Resources Budget
YTD
Actual
Annual %
over (under)
Jan 84,669 89,683 5.92%
Feb 187,462 185,388 -1.11%
Mar 299,503
Apr 431,140
May 540,016
Jun 651,578
Jul 766,621
Aug 881,492
Sep 993,608
Oct 1,112,638
Nov 1,219,645
Dec 1,372,669
Percent of budget expended 13.51%
$-
$0.20
$0.40
$0.60
$0.80
$1.00
$1.20
$1.40
$1.60
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 - 2016 Budget Year
Police Budget
YTD
Actual
Annual %
over (under)
Jan 2,955,907 2,819,381 -4.62%
Feb 5,588,146 5,349,745 -4.27%
Mar 8,643,654
Apr 11,267,685
May 14,229,736
Jun 17,038,401
Jul 20,082,621
Aug 22,744,871
Sep 25,768,424
Oct 28,482,339
Nov 31,532,863
Dec 34,710,426
Percent of budget expended 15.41%
Fire &
Emergency
Services Budget
YTD
Actual
Annual %
over (under)
Jan 2,500,601 2,291,374 -8.37%
Feb 5,336,072 5,299,522 -0.68%
Mar 7,543,542
Apr 9,698,234
May 11,856,468
Jun 14,064,684
Jul 16,319,867
Aug 18,751,956
Sep 21,023,843
Oct 23,197,235
Nov 25,467,264
Dec 27,970,913
Percent of budget expended 18.95%
$-
$3
$6
$9
$12
$15
$18
$21
$24
$27
$30
$33
$36
Millions Police
Budget
Actual
Last Year
$-
$3
$6
$9
$12
$15
$18
$21
$24
$27
$30
Millions Fire & Emergency Services
Budget
Actual
Last Year
Page 29 of 37
City of Renton
Monthly Expenditure Analysis - 2016 Budget Year
Community
Services Admin Budget
YTD
Actual
Annual %
over (under)
Jan 44,038 52,449 19.10%
Feb 91,102 113,335 24.40%
Mar 142,816
Apr 188,797
May 231,403
Jun 273,217
Jul 320,383
Aug 366,928
Sep 413,394
Oct 458,470
Nov 506,014
Dec 562,434
Percent of budget expended 20.15%
Parks Budget
YTD
Actual
Annual %
over (under)
Jan 333,489 302,959 -9.15%
Feb 695,412 615,902 -11.43%
Mar 1,074,993
Apr 1,448,271
May 1,850,095
Jun 2,280,586
Jul 2,781,830
Aug 3,272,063
Sep 3,765,938
Oct 4,207,686
Nov 4,597,218
Dec 5,025,610
Percent of budget expended 12.26%
$-
$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 - 2016 Budget Year
Parks Planning
and Natural
Resources Budget
YTD
Actual
Annual %
over (under)
Jan 66,146 46,446 -29.78%
Feb 135,203 103,226 -23.65%
Mar 220,574
Apr 301,273
May 407,024
Jun 486,764
Jul 592,877
Aug 688,924
Sep 797,310
Oct 910,915
Nov 1,018,122
Dec 1,125,443
Percent of budget expended 9.17%
Recreation Budget
YTD
Actual
Annual %
over (under)
Jan 332,493 330,010 -0.75%
Feb 694,355 697,557 0.46%
Mar 1,064,517
Apr 1,446,444
May 1,829,740
Jun 2,251,729
Jul 2,912,280
Aug 3,596,433
Sep 4,138,040
Oct 4,510,080
Nov 4,895,207
Dec 5,338,949
Percent of budget expended 13.07%
$-
$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 - 2016 Budget Year
Human
Services Budget
YTD
Actual
Annual %
over (under)
Jan 47,817 81,352 70.13%
Feb 121,777 213,832 75.59%
Mar 255,056
Apr 404,712
May 470,050
Jun 534,658
Jul 670,143
Aug 759,766
Sep 819,175
Oct 972,094
Nov 1,030,914
Dec 1,212,606
Percent of budget expended 17.63%
Neighborhoods
, Resources,
and Events Budget
YTD
Actual
Annual %
over (under)
Jan 65,441 66,354 1.39%
Feb 159,671 144,459 -9.53%
Mar 228,091
Apr 294,553
May 361,904
Jun 442,834
Jul 568,264
Aug 663,792
Sep 754,293
Oct 832,825
Nov 913,882
Dec 1,049,871
Percent of budget expended 13.76%
$-
$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 - 2016 Budget Year
Museum Fund Budget
YTD
Actual
Annual %
over (under)
Jan 18,883 19,061 0.94%
Feb 37,795 37,570 -0.59%
Mar 56,682
Apr 75,818
May 95,501
Jun 115,297
Jul 135,152
Aug 155,440
Sep 175,323
Oct 195,438
Nov 215,317
Dec 235,281
Percent of budget expended 15.97%
Public Works
Admin Budget
YTD
Actual
Annual %
over (under)
Jan 33,648 33,119 -1.57%
Feb 68,336 67,230 -1.62%
Mar 102,357
Apr 136,585
May 171,018
Jun 205,573
Jul 240,151
Aug 275,209
Sep 310,708
Oct 344,670
Nov 378,434
Dec 413,579
Percent of budget expended 16.26%
$-
$50,000
$100,000
$150,000
$200,000
$250,000
$300,000
$350,000
$400,000
$450,000 Public Works Admin
Budget
Actual
Last Year
$-
$30,000
$60,000
$90,000
$120,000
$150,000
$180,000
$210,000
$240,000
$270,000
Museum Fund
Budget
Actual
Last Year
Page 33 of 37
City of Renton
Monthly Expenditure Analysis - 2016 Budget Year
Street
Maintenance Budget
YTD
Actual
Annual %
over (under)
Jan 390,736 400,277 2.44%
Feb 806,650 805,426 -0.15%
Mar 1,227,440
Apr 1,697,874
May 2,135,777
Jun 2,578,024
Jul 3,049,454
Aug 3,518,925
Sep 3,962,174
Oct 4,442,737
Nov 4,868,959
Dec 5,349,313
Percent of budget expended 15.06%
Transportation Budget
YTD
Actual
Annual %
over (under)
Jan 323,277 356,191 10.18%
Feb 711,969 720,619 1.22%
Mar 1,177,106
Apr 1,665,963
May 2,064,478
Jun 2,464,098
Jul 2,876,390
Aug 3,311,567
Sep 3,710,447
Oct 4,155,393
Nov 4,553,143
Dec 5,159,047
Percent of budget expended 13.97%
$-
$1.00
$2.00
$3.00
$4.00
$5.00
$6.00
Millions Street Maintenance
Budget
Actual
Last Year
$0.0
$1.0
$2.0
$3.0
$4.0
$5.0
$6.0
Millions Transportation
Budget
Actual
Last Year
Page 34 of 37
City of Renton
Monthly Expenditure Analysis - 2016 Budget Year
Debt Service Budget
YTD
Actual
Annual %
over (under)
Jan 44,758 44,758 0.00%
Feb 295,075 295,075 0.00%
Mar 1,562,169
Apr 2,082,892
May 2,603,615
Jun 3,124,338
Jul 3,645,061
Aug 4,165,784
Sep 4,686,507
Oct 5,207,230
Nov 5,727,953
Dec 6,248,676
Percent of budget expended 4.72%
Non-
Departmental
Other City Budget
YTD
Actual
Annual %
over (under)
Jan 294,800 294,800 0.00%
Feb 566,783 566,783 0.00%
Mar 909,731
Apr 1,212,975
May 1,516,218
Jun 1,819,462
Jul 2,122,706
Aug 2,425,949
Sep 2,729,193
Oct 3,032,437
Nov 3,335,680
Dec 3,638,924
Percent of budget expended 15.58%
$-
$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
$-
$5
$10
$15
$20
$25
Millions Debt Service
Budget
Actual
Last Year
Page 35 of 37
City of Renton
Monthly Enterprise Fund Financial Report - 2016 Budget Year
Utilities Budget Revenue Expense
Jan 3,836,257 6,349,407 3,113,758
Feb 10,582,930 12,660,071 7,764,200
Mar 15,407,394
Apr 19,338,399
May 26,173,189
Jun 34,435,671
Jul 39,234,580
Aug 44,829,532
Sep 50,505,333
Oct 55,843,333
Nov 61,211,329
Dec 71,240,411
Percent of budget expended 8.30%
Note: Operations and Capital
Airport Budget Revenue Expense
Jan 57,837 379,338 102,054
Feb 158,639 746,998 246,569
Mar 863,412
Apr 1,091,003
May 1,622,328
Jun 1,794,836
Jul 1,995,695
Aug 2,260,872
Sep 2,485,384
Oct 2,654,587
Nov 2,941,602
Dec 3,240,185
Percent of budget expended 7.61%
Note: Operations and Capital
$0
$10
$20
$30
$40
$50
$60
$70
$80
$90
Millions Utilities
Budget
Revenue
Expense
$-
$0.50
$1.00
$1.50
$2.00
$2.50
$3.00
$3.50
Millions Airport
Budget
Revenue
Expense
Page 36 of 37
City of Renton
Monthly Enterprise Fund Financial Report - 2016 Budget Year
Golf Course Budget Revenue Expense
Jan 116,799 72,468 118,352
Feb 267,877 183,666 290,598
Mar 419,420
Apr 591,478
May 813,532
Jun 971,265
Jul 1,139,818
Aug 1,312,726
Sep 1,486,659
Oct 1,684,773
Nov 1,811,460
Dec 2,303,479
Percent of budget expended 12.62%
Note: Operations and Capital
$-
$0.30
$0.60
$0.90
$1.20
$1.50
$1.80
$2.10
$2.40
Millions Golf Course
Budget
Revenue
Expense
Page 37 of 37