HomeMy WebLinkAbout201701, JanuaryADMINISTRATIVE SERVICES
DEPARTMENT
M E M O R A N D U M
DATE: March 22, 2017
TO: Armondo Pavone, Council President
Members of the Renton City Council
CC: Denis Law, Mayor
Administrators
FROM: Hai Nguyen, Sr. Finance Analyst
SUBJECT: January 2017 Financial Status Report
At the end of January, general governmental revenues show $217k or 3% over budget. Revenue
source(s) that are higher than expected are: utility taxes ($422k) and seizure funds ($102k,
restricted to drug enforcement and not available for general purposes). If we remove seizure
funds, general governmental revenues are $115k or 1.6% over budget. On the down side, the
revenue source(s) that are underperforming the year to date budget is business & occupation
taxes ($433k below).
General government expenditures showed a favorable variance of $144k or 2.1%. 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
$%
Beginning Fund Balance 17,565,282$ 17,565,282$ 19,962,845$ 19,962,845$ 17,010,498$ 17,010,498$ 26,563,785$ 9,553,287 56.2%
OPERATING REVENUES
Property Tax 36,369,429 67,234 37,038,480 44,745 24,103,395 36,768 55,429 18,661 50.8%
Sales Tax 23,439,266 1,758,332 26,353,246 1,978,530 25,700,400 2,031,194 2,092,821 61,627 3.0%
Sales Tax ‐ Annexation Credit 2,778,858 208,322 3,114,762 234,180 3,063,280 229,995 247,737 17,741 7.7%
Criminal Justice Sales Tax 2,484,718 187,139 2,701,787 204,149 2,679,898 202,181 213,532 11,351 5.6%
Natural Gas Use Tax 228,899 25,336 184,638 23,504 228,000 29,024 15,569 (13,455) ‐46.4%
Admission Tax 309,790 83,675 262,506 76,393 320,000 89,502 60,741 (28,762) ‐32.1%
Franchise Fees 1,349,154 333,343 1,406,092 348,118 1,330,000 328,952 380,870 51,918 15.8%
Electricity Tax 5,012,962 340,429 5,440,139 509,539 5,396,019 438,764 561,650 122,886 28.0%
Natural Gas Utility Tax 1,437,552 190,306 1,327,937 187,353 1,350,900 184,481 222,337 37,857 20.5%
Garbage/Solid Waste 638,073 10,033 717,148 50,860 680,000 30,554 52,200 21,646 70.8%
TV Cable 1,591,866 134,496 1,619,364 139,333 1,645,659 140,329 140,113 (216) ‐0.2%
Telephone 880,233 108,404 859,868 64,249 714,875 70,930 109,120 38,190 53.8%
Cellular Phone 1,674,355 60,518 1,541,204 98,316 1,521,056 75,133 224,795 149,661 199.2%
City Utilities 4,183,165 329,827 4,206,473 325,580 3,941,628 307,924 372,938 65,014 21.1%
Utility Tax Audit 1,962,092 ‐ 111,227 111,227 ‐ ‐ ‐ ‐ 0.0%
Leasehold Excise Tax 163,314 ‐ 173,769 ‐ 179,000 ‐ ‐ ‐ 0.0%
Gambling Excise Tax 2,299,156 158,293 2,500,604 189,749 2,000,000 145,025 220,536 75,511 52.1%
Real Estate Excise Tax 4,595,166 226,377 6,121,830 1,204,479 4,420,000 708,703 1,028,456 319,752 45.1%
Less: CIP REET (1,401,300) (56,594) (2,707,676) (602,240) (4,420,000) (708,703) (1,028,456) (319,752) 45.1%
EMS Levy 936,406 ‐ 479,597 ‐ ‐ ‐ ‐ ‐ 0.0%
B&O Taxes ‐ ‐ 6,375,322 ‐ 6,800,000 1,360,000 432,319 (927,681) ‐68.2%
Less: CIP B&O Taxes ‐ ‐ (2,000,000) ‐ (2,473,974) (494,795) ‐ 494,795 ‐100.0%
Business License Fees 3,125,740 588,093 1,926,510 559,894 1,302,453 294,472 229,270 (65,202) ‐22.1%
Less: CIP Business License Fees (2,584,164) (486,463) (1,587,627) (463,802) (617,016) (140,546) (136,952) 3,594 ‐2.6%
Animal Licenses and Spec Events Permits 101,743 9,230 102,905 6,640 92,575 7,655 7,190 (465) ‐6.1%
Building Permits & Development Svc Fees 6,077,055 260,603 5,293,563 661,363 5,735,368 481,500 399,548 (81,952) ‐17.0%
Intergovt'l (Grants, State Shared, etc) 4,053,617 313,654 3,998,953 385,671 3,708,241 365,144 391,146 26,003 7.1%
Fire District 25 and 40 Contracts 6,369,132 ‐ 3,517,779 ‐ 341,939 ‐ ‐ ‐ 0.0%
Public Safety 649,797 58,509 994,179 104,644 613,081 60,800 64,424 3,624 6.0%
Culture and Recreation 1,587,878 117,124 1,632,903 163,783 1,750,923 152,710 152,350 (360) ‐0.2%
Interfund/Interdept‐Services 3,106,430 265,068 3,377,663 272,841 4,178,976 348,248 330,774 (17,474) ‐5.0%
Fines and Penalties 848,052 3,147 901,592 5,140 824,450 998 6,981 5,983 599.4%
Photo Enforcement 2,171,184 121,709 1,959,071 131,281 2,044,000 125,201 127,976 2,775 2.2%
Seizure Funds ‐ Federal/State/Local 21,676 ‐ 987,293 ‐ ‐ ‐ 101,755 101,755 100.0%
Interests and Other Earnings 973,208 50,846 1,058,880 51,219 875,300 43,963 59,675 15,712 35.7%
Rents, Leases, and Concessions 762,361 156,463 642,192 149,010 623,195 135,537 164,492 28,955 21.4%
Contributions and Donations 147,292 7,247 96,582 ‐ 70,000 2,080 575 (1,505) ‐72.4%
Other Miscellaneous 941,127 66,484 956,131 101,726 691,812 50,444 62,236 11,792 23.4%
Other Financing Sources (Transfer‐In, etc) 270,224 ‐ 2,129,561 ‐ 158,696 13,225 ‐ (13,225) ‐100.0%
Total Operating Revenues 119,555,505 5,697,180 125,816,444 7,317,475 101,574,129 7,147,391 7,364,146 216,755 3.0%
OPERATING EXPENDITURES
Council 320,877 32,033 358,550 34,732 368,211 36,183 36,043 140 0.4%
Executive 1,691,189 80,465 1,778,206 192,359 1,946,801 210,597 211,310 (714) ‐0.3%
Emergency Management*398,808 54,794 370,832 25,024 587,790 60,959 35,052 25,907 42.5%
City Attorney 1,791,167 151,100 1,983,834 157,485 2,163,329 176,840 168,105 8,735 4.9%
Court Services 2,013,364 151,935 2,075,763 163,432 2,220,656 171,264 169,642 1,622 0.9%
Community and Eco Dvlpmnt Admin 1,183,052 88,408 1,161,330 95,028 1,337,991 104,691 109,731 (5,039) ‐4.8%
Development Services 2,632,264 201,493 2,859,410 212,162 3,365,105 253,473 239,337 14,136 5.6%
Economic Development 658,515 43,127 1,004,411 50,235 1,104,342 62,001 46,869 15,132 24.4%
Planning 2,606,551 197,905 2,716,214 203,948 3,207,796 242,179 221,112 21,067 8.7%
Finance 3,132,812 171,705 3,046,824 220,501 3,312,369 210,228 197,230 12,998 6.2%
City Clerk 1,027,084 55,655 914,251 67,195 1,121,537 70,972 62,018 8,954 12.6%
Human Resources 1,182,629 66,108 1,193,016 89,683 1,321,317 86,650 87,874 (1,224) ‐1.4%
Police 28,144,699 2,351,965 28,891,879 2,427,387 30,291,917 2,538,296 2,564,523 (26,227) ‐1.0%
Jail Services 4,142,266 344,859 4,704,978 391,994 4,850,000 400,352 400,352 ‐ 0.0%
Fire* 26,138,192 2,013,057 25,349,755 2,266,350 ‐ ‐ ‐ ‐ 0.0%
Community Services Admin 508,766 41,417 585,983 52,449 505,154 43,313 44,101 (788) ‐1.8%
Parks 4,411,383 291,345 4,445,115 302,959 5,091,258 341,642 309,997 31,646 9.3%
Parks Planning & Natural Resources 808,558 46,145 952,980 46,446 1,177,483 61,892 53,458 8,434 13.6%
Recreation 5,088,483 338,282 5,096,236 330,010 5,674,455 372,341 347,558 24,783 6.7%
Human Services 1,225,835 46,455 1,241,169 81,352 1,279,916 66,308 98,615 (32,307) ‐48.7%
Neighborhoods, Resources, & Events 958,624 57,115 865,551 66,354 1,041,408 70,488 60,703 9,785 13.9%
Museum 227,094 18,605 229,543 19,061 236,275 19,490 19,400 89 0.5%
Public Works Admin 387,493 31,422 398,796 33,119 406,398 33,358 33,498 (140) ‐0.4%
Street Maintenance 5,061,723 387,644 5,041,509 400,277 5,415,126 422,310 408,757 13,553 3.2%
Transportation 4,975,059 300,741 5,966,281 356,191 5,669,897 340,428 326,959 13,469 4.0%
Debt Service 6,371,715 48,139 6,099,166 44,758 6,066,629 41,377 41,377 ‐ 0.0%
Non‐Departmental and Other 10,069,740 455,629 9,883,923 294,800 9,445,551 301,517 301,517 ‐ 0.0%
Total Operating Expenditures 117,157,942 8,067,548 119,215,504 8,625,290 99,208,714 6,739,148 6,595,136 144,013 2.1%
Total Ending Fund Balance 19,962,845$ 15,194,914$ 26,563,785$ 18,655,030$ 19,375,913$ 17,418,741$ 27,332,795$ 9,914,054$ 56.9%
*Emergency Management was moved to Executive due to formation of RRFA
Favorable (Unfavorable)
2015 2016 2017 Variance
Annual Actual YTD Actual Annual Budget YTD Budget YTD ActualSummary of Sources and Uses Annual Actual YTD Actual
Monthly Financial Report January 2017
Page 1 of 37
Monthly Financial Report January 2017
OVERVIEW
This financial overview reflects the City’s overall financial position for the fiscal year through January 31, 2017. 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 70% of
all resources supporting general governmental activities. The following section provides detail information on property,
sales, utility, and other taxes.
Property Tax
January’s collection is $55k or
0.2% of the total budget. In
comparison to the previous year,
the City collected $11k or 24%
more. Compared to the budget,
the City collected $19k or 51%
more.
Sales Tax
January 2017 sales tax receipts
totaled $2.1 million. Compared
with the same month last year, it
is $114k or 6% more. Compared
to the projected current month’s
budget, it is $62k or 3% above.
Auto, Retail, and Wholesale are
the sectors that are collecting
more than anticipated. 2017’s
monthly budgets are generally
based on 2011 through 2016
collections.
2016 2017 2017
Actual Budget Actual $ % $ %
Jan 44,745$ 36,768$ 55,429$ 10,684$ 24% 18,661$ 51%
Feb 315,119 204,274
Mar 1,273,685 726,604
Apr 7,856,230 5,915,645
May 9,906,533 5,742,951
Jun 137,794 93,616
Jul 57,174 40,245
Aug 240,536 110,113
Sep 558,716 367,830
Oct 6,233,910 4,103,547
Nov 10,268,791 6,647,038
Dec 145,246 114,763
YTD Total 44,745$ 36,768$ 55,429$ 10,684$ 24% 18,661$ 51%
Annual Total 37,038,480$ 24,103,395$
Property Tax Revenues
Year to Date through January
2017 vs. 2016 2017 vs. Budget
Month
2016 2017 2017
Actual Budget Actual $ % $ %
Jan 1,978,530$ 2,031,194$ 2,092,821$ 114,291$ 6% 61,627$ 3%
Feb 2,320,497 2,422,103 ‐
Mar 1,854,773 1,886,175 ‐
Apr 1,888,875 1,881,780 ‐
May 2,314,220 2,200,305 ‐
Jun 2,127,406 1,967,578 ‐
Jul 2,103,896 2,017,854 ‐
Aug 2,438,277 2,274,282 ‐
Sep 2,179,438 2,171,299 ‐
Oct 2,410,824 2,262,292 ‐
Nov 2,532,820 2,367,730 ‐
Dec 2,203,689 2,217,808 ‐
YTD Total 1,978,530$ 2,031,194$ 2,092,821$ 114,291$ 6% 61,627$ 3%
Annual Total 26,353,246$ 25,700,400$
2017 vs. Budget2017 vs. 2016
Month
Year to Date through January
Local Retail Sales Tax Revenues
Page 2 of 37
Monthly Financial Report January 2017
The following table breaks out the City’s base sales tax (excluding Criminal Justice and Annexation Credit) by major business
sectors:
Utility tax
January utility tax revenues are
$1.7 million, which is $189k or
13% higher than the same month
last year and is also higher than
the budget by $422k or 33%. The
large January variance with the
budget is due to lower 2015
activity for Electricity and the
timing of when 2015
Cell/Garbage taxes were
recorded. The monthly budgets
are based on 2015/2016 activity.
The table below breaks out Utility Tax by source.
Sales Tax by Sector 2016 2017 Bgt YTD Act Change 2017/2016 2017 Act vs Bgt
New Construction 297,334$ 364,151$ 356,048$ 58,714$ 20%$ (8,103)‐2%
Auto Sales 402,664 374,236 394,601 (8,064) ‐2% 20,365 5%
General Retail 567,819 585,374 629,217 61,398 11% 43,842 7%
Manufacturing 174,190 118,707 111,398 (62,792) ‐36% (7,309)‐6%
Wholesale 86,478 105,428 120,058 33,580 39% 14,630 14%
Service 405,236 434,851 435,680 30,443 8% 829 0%
Other 44,809 48,447 45,820 1,010 2% (2,627)‐5%
YTD Total 1,978,530$ 2,031,194$ 2,092,821$ 114,291$ 6%61,627$ 3%
Note: Excludes Annexation Credit and Criminal Justice Sales Tax revenue.
2016 2017 2017
Actual Budget Actual $ % $ %
Jan 1,509,960$ 1,277,138$ 1,698,721$ 188,761$ 13% 421,584$ 33%
Feb 1,597,348 1,458,074
Mar 1,423,774 1,462,603
Apr 1,346,282 1,289,233
May 1,363,323 1,284,502
Jun 1,125,845 1,177,807
Jul 1,276,335 1,234,377
Aug 1,247,926 1,269,789
Sep 1,277,502 1,227,003
Oct 1,351,888 1,252,150
Nov 1,128,100 1,206,958
Dec 1,359,717 1,338,504
YTD Total 1,509,960$ 1,277,138$ 1,698,721$ 188,761$ 13% 421,584$ 33%
Annual Total 16,007,999$ 15,478,137$
2017 vs. Budget2017 vs. 2016
Year to Da te through January
Utility Tax Revenues
Month
Utility Tax by Type 2016 2017 Bgt YTD Act Change 2017/2016 2017 Act vs Bgt
Electrical 509,539$ 438,764$ 561,650$ 52,111$ 10%$ 122,886 28%
Natural Gas 210,857 213,504 237,906 27,050 13% 24,402 11%
Cell 98,316 75,133 224,795 126,478 129% 149,661 199%
Phone 64,249 70,930 109,120 44,871 70% 38,190 54%
Cable 139,333 140,329 140,113 780 1% (216) 0%
Garbage/Solid Waste 50,860 30,554 52,200 1,340 3% 21,646 71%
City Utilities 325,580 307,924 372,938 47,358 15% 65,014 21%
Utility Tax Audit 111,227 ‐ ‐ (111,227) 0% ‐ N/A
YTD Total 1,509,960$ 1,277,138$ 1,698,721$ 188,761$ 13%421,584$ 33%
Annual Total 16,007,999$ 15,478,137$
YTD as % of 9%8%
Page 3 of 37
Monthly Financial Report January 2017
Other Taxes
Real Estate Excise Tax
The City collected $1 million in
Real Estate Excise Tax revenues
(REET) for January. This is $176k
or 15% less than the same month
last year but is $320k or 45%
more than the current month’s
budget. The higher than
expected variance is due to 7
large transactions in December,
which accounts for $696k of the
total REET collected.
Gambling Tax
January’s Gambling Tax
collections totaled $221k, which
is $31k or 16% above the same
month last year and is also above
the current month’s budget by
$76k or 52%.
Franchise Fees
Franchise Fees are due quarterly
in January, April, July, and
October. The year‐to‐date total
of $381k is $33k or 9% higher
than the prior year and is also
$52k or 16% above the projected
year‐to‐date budget.
2016 2017 2017
Actual Budget Actual $ % $ %
Jan 1,204,479$ 708,703$ 1,028,456$ (176,023)$ ‐15% 319,752$ 45%
Feb 197,327 148,787
Mar 208,452 204,512
Apr 335,985 298,627
May 475,244 361,568
Jun 405,179 346,520
Jul 644,038 497,925
Aug 759,583 484,354
Sep 522,472 401,943
Oct 559,552 434,871
Nov 502,139 266,351
Dec 307,382 265,838
YTD Total 1,204,479$ 708,703$ 1,028,456$ (176,023)$ ‐15% 319,752$ 45%
Annual Total 6,121,830$ 4,420,000$
*For 201 7, REET is only in CIP
Month
2017 vs. Budget2017 vs. 2016
Real Estate Excise Tax (REET) Revenues*
Year to Date through January
2016 2017 2017
Actual Budget Actual $ % $ %
Jan 189,749$ 145,025$ 220,536$ 30,786$ 16% 75,511$ 52%
Feb 207,961 163,404 ‐
Mar 195,255 151,889 ‐
Apr 197,286 168,730 ‐
May 198,234 158,893 ‐
Jun 185,042 149,623 ‐
Jul 194,317 162,180 ‐
Aug 322,828 229,017 ‐
Sep 202,409 159,756 ‐
Oct 242,254 190,582 ‐
Nov 183,345 165,084 ‐
Dec 181,924 155,817 ‐
YTD Total 189,749$ 145,025$ 220,536$ 30,786$ 16% 75,511$ 52%
Annual Total 2,500,604$ 2,000,000$
2017 vs. 2016
Gambling Tax Revenue
Month
Year to Date through January
2017 vs. Budget
2016 2017 2017
Actual Budget Actual $ % $ %
Jan 348,118$ 328,952$ 380,870$ 32,752$ 9% 51,918$ 16%
Apr 355,430 333,387 ‐
Jul 343,910 330,451 ‐
Sep 5,000 2,414 ‐
Oct 348,783 332,455 ‐
Dec 4,850 2,341 ‐
YTD Total 348,118$ 328,952$ 380,870$ 32,752$ 9% 51,918$ 16%
Annual Total 1,406,092$ 1,330,000$
Franchise Fees Revenue
Year to Date through January
Month
2017 vs. 2016 2017 vs. Budget
Page 4 of 37
Monthly Financial Report January 2017
Admission Tax
Admission Tax returns are due
quarterly in January, April, July,
and October of each year.
January 2017 collections
represent activities conducted
during the 4th quarter of 2016.
The year‐to‐date collection of
$61k is $16k or 20% less than the
prior year and is also $29k or 32%
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. Year‐to‐date
receipts totaled $432k.
Licenses and Permits
Business Licenses
Business Licenses totaled $229k
for January, which is $331k or
59% below the same month last
year and is also $65k or 22%
below the current month’s
budget. The variance with the
prior year is due the City adopting
the Business & Occupation Tax
for 2016 (January 2016
represents 2015 4th quarter
activity).
2016 2017 2017
Actual Budget Actual $ % $ %
Jan 76,393$ 89,502$ 60,741$ (15,652)$ ‐20% (28,762)$ ‐32%
Feb 1,360 1,527 ‐
Mar ‐ 59 ‐
Apr 63,088 71,681 ‐
May ‐ 852 ‐
Jul 60,763 80,276 ‐
Sep 518 289 ‐
Oct 58,934 74,983 ‐
Nov 1,452 831 ‐
YTD Total 76,393$ 89,502$ 60,741$ (15,652)$ ‐20% (28,762)$ ‐32%
Annual Total 262,506$ 320,000$
2017 vs. Budget
Admission Tax Revenue
Year to Date through January
Month
2017 vs. 2016
2016 2017 2017
Actual Budget Actual $ % $ %
Jan ‐$ 1,360,000$ 432,319$ 432,319$ 100% (927,681)$ ‐68%
Feb ‐ 170,000 ‐
Mar ‐ 170,000 ‐
Apr 4,578,349 1,360,000 ‐
May 304,032 170,000 ‐
Jun 30,591 170,000 ‐
Jul 376,209 1,360,000 ‐
Aug 334,807 170,000 ‐
Sep 10,779 170,000 ‐
Oct 603,622 1,360,000 ‐
Nov 136,933 170,000 ‐
Dec ‐ 170,000 ‐
YTD Total ‐$ 1,360,000$ 432,319$ 432,319$ 100% (927,681)$ ‐68%
Annual Total 6,375,322$ 6,800,000$
*Total Business & Occupation Taxes (GF & CIP)
Business & Occupation Taxes*
Year to Date through January
Month
2017 vs. 2016 2017 vs. Budget
2016 2017 2017
Actual Budget Actual $ % $ %
Jan 559,894$ 294,472 229,270$ (330,624)$ ‐59% (65,202)$ ‐22%
Feb 275,059 127,682 ‐
Mar 31,642 14,759 ‐
Apr 207,099 184,956 ‐
May 111,131 72,269 ‐
Jun 26,936 13,489 ‐
Jul 248,769 228,999 ‐
Aug 121,095 65,678 ‐
Sep 22,190 13,573 ‐
Oct 218,271 222,326 ‐
Nov 91,870 56,325 ‐
Dec 12,555 7,925 ‐
YTD Total 559,894$ 294,472$ 229,270$ (330,624)$ ‐59% (65,202)$ ‐22%
Annual Total 1,926,510$ 1,302,453$
*Total Business License (GF & CIP)
Business Licenses*
Month
2017 vs. 2016
Year to Date through January
2017 vs. Budget
Page 5 of 37
Monthly Financial Report January 2017
Building Permits and
Development Service Fees
Building Permits and
Development Service Fee
revenues totaled $400k in
January. This is $262k or 40% less
than the year before and is also
$82k or 17% lower than budget.
The large variances in January
2016 is due to large payments for
building permits and plan review
(Southport Developer and Group
Health).
Intergovernmental
These revenue sources
include federal (direct
and indirect) grants,
state grants, state
shared revenues, local
grants, and
entitlements. State
shared revenues 90% of
the total revenues in this
category. The year‐to‐
date total
Intergovernmental revenue is $605k or 9% of the budget.
State Shared Revenues
State Shared Revenue
collections totaled
$543k since the start of
the year. Compared to
the prior year, State
Shared Revenues are
above by $12k or 2%.
Compared to the
projected budget, the
City is collecting $41k or
8% more. The higher
than expected collection
is due to collecting more
than anticipated
Criminal Justice’s Sales Tax and Liquor Excise Tax.
2016 2017 2017
Actual Budget Actual $ % $ %
Jan 661,363$ 481,500$ 399,548$ (261,815)$ ‐40% (81,952)$ ‐17%
Feb 413,420 379,615
Mar 583,658 440,847
Apr 336,108 484,673
May 376,324 310,348
Jun 437,619 698,400
Jul 462,211 691,725
Aug 397,578 438,730
Sep 380,480 498,572
Oct 479,048 478,350
Nov 297,449 359,940
Dec 468,303 472,668
YTD Total 661,363$ 481,500$ 399,548$ (261,815)$ ‐40% (81,952)$ ‐17%
Annual Total 5,293,563$ 5,735,368$
Building Permits and Development Service Fees
Year to Date through January
2017 vs. Budget2017 vs. 2016
Month
Intergovernmental 2016 2017 Bgt YTD Act Change 2017/2016 2017 Act vs Bgt
Fire District #25 ‐$ ‐$ ‐$ ‐$ N/A $ ‐ N/A
Fire District #40 ‐ ‐ ‐ ‐ N/A ‐ N/A
State Shared Revenue 531,010 501,960 543,102 12,092 2% 41,142 8%
Federal Grants ‐ 9,173 9,173 9,173 100%‐ 0%
State Grants ‐ ‐ ‐ ‐ N/A ‐ N/A
Other Grants/Intgovt 58,810 56,191 52,403 (6,407) ‐11% (3,788) ‐7%
ARRA Grants ‐ ‐ ‐ ‐ N/A ‐ N/A
Total Rev YTD 589,820$ 567,324$ 604,678$ 14,858$ 3%37,354$ 7%
Total Rev Annual 10,698,115$ 6,730,078$
YTD % 6 %8 %9 %
Note: Includes CJ Sales Tax and FD25 & FD40 contracts
2016 2017 2017
Actual Budget Actual $ % $ %
Crim Just Sales Tax 204,149$ 202,181$ 213,532$ 9,383$ 5% 11,351$ 6%
Judicial Contribution ‐ ‐ ‐ ‐ N/A ‐ N/A
Crim Just ‐ High Crime 77,796 62,415 67,721 (10,075) ‐13% 5,305 8%
Crim Just ‐ Pop 6,626 5,951 7,006 379 6% 1,054 18%
Crim Just ‐ Spec Prog 24,226 22,130 25,487 1,261 5% 3,357 15%
State DUI 3,873 4,673 3,863 (11) 0% (810) ‐17%
Marijuana Enforcement ‐ ‐ ‐ ‐ N/A ‐ N/A
Liquor Profits ‐ ‐ ‐ ‐ N/A ‐ N/A
Liquor Excise Tax 104,339 94,180 113,721 9,382 9% 19,541 21%
Fuel Tax 110,001 110,430 111,774 1,773 2% 1,344 1%
YTD Total 531,010$ 501,960$ 543,102$ 12,092$ 2% 41,142$ 8%
Annual Total 5,933,890$ 5,805,528$
2017 vs. Budget
State Shared Revenues
2017 vs. 2016
Revenue
Year to Date through January
Page 6 of 37
Monthly Financial Report January 2017
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 $750k or 9% of the budget. The
following sections provide detail information for Public Safety, Recreation, and Interfund Services.
Public Safety Services
Public Safety Services totaled
$64k 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 $40k or 38% less.
Compared to the year‐to‐date
budget, the City is over budget by
$4k or 6%. The variance with the
prior year is due to collecting a
large payment/reimbursement
for electronic home detention.
Recreation
Recreation revenues totaled
$152k for the current month.
Compared to the same month
the prior year, the City collected
$11k or 7% less. Compared to the
projected monthly budget, the
City is right on target.
2016 2017 2017
Actual Budget Actual $ % $ %
Jan 104,644$ 60,800$ 64,424$ (40,221)$ ‐38% 3,624$ 6%
Feb 99,623 52,862 ‐
Mar 58,031 44,909 ‐
Apr 51,002 73,680 ‐
May 48,201 38,573 ‐
Jun 179,089 79,037 ‐
Jul 34,906 27,743 ‐
Aug 44,439 38,564 ‐
Sep 67,570 33,790 ‐
Oct 160,438 72,212 ‐
Nov 67,763 42,537 ‐
Dec 78,473 48,375 ‐
YTD Total 104,644$ 60,800$ 64,424$ (40,221)$ ‐38% 3,624$ 6%
Annual Total 994,179$ 613,081$
Year to Date through January
Public Safety Services
2017 vs. 2016 2017 vs. Budget
Month
2016 2017 2017
Actual Budget Actual $ % $ %
Jan 163,783$ 152,710$ 152,350$ (11,433)$ ‐7% (360)$ 0%
Feb 48,009 42,505 ‐
Mar 60,615 52,493 ‐
Apr 112,627 110,918 ‐
May 72,246 74,076 ‐
Jun 239,771 254,264 ‐
Jul 325,043 409,892 ‐
Aug 349,650 360,345 ‐
Sep 107,652 123,607 ‐
Oct 45,706 55,007 ‐
Nov 68,324 70,632 ‐
Dec 39,475 44,472 ‐
YTD Total 163,783$ 152,710$ 152,350$ (11,433)$ ‐7% (360)$ 0%
Annual Total 1,632,903$ 1,750,923$
Recreation
Year to Date through January
2017 vs. Budget2017 vs. 2016
Month
Page 7 of 37
Monthly Financial Report January 2017
Interfund Services
The year‐to‐date collections for
Interfund Services revenues are
$331k. Compared to the prior
year, the revenues are over by
$58k or 21%. Compared to the
projected budget, the revenues
are below by $17k or 5%. 2017’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
$135k. This is $1k or 1% lower
than a year ago but is $9k or 7%
above the budget.
2016 2017 2017
Actual Budget Actual $ % $ %
Jan 272,841$ 348,248$ 330,774$ 57,933$ 21% (17,474)$ ‐5%
Feb 286,748 348,248 ‐
Mar 305,054 348,248 ‐
Apr 276,238 348,248 ‐
May 272,641 348,248 ‐
Jun 260,223 348,248 ‐
Jul 259,888 348,248 ‐
Aug 273,851 348,248 ‐
Sep 286,057 348,248 ‐
Oct 277,517 348,248 ‐
Nov 295,584 348,248 ‐
Dec 311,019 348,248 ‐
YTD Total 272,841$ 348,248$ 330,774$ 57,933$ 21% (17,474)$ ‐5%
Annual Total 3,377,663$ 4,178,976$
Interfund Services
Ye ar to Date through January
2017 vs. 2016 2017 vs. Budget
Month
2016 2017 2017
Actual Budget Actual $ % $ %
Jan 136,421$ 126,199$ 134,957$ (1,464)$ ‐1% 8,758$ 7%
Feb 217,667 213,156
Mar 263,648 264,385
Apr 250,873 242,171
May 214,613 231,927
Jun 261,254 261,299
Jul 222,267 219,171
Aug 274,964 252,324
Sep 200,986 232,621
Oct 238,517 243,770
Nov 273,338 270,941
Dec 306,114 310,486
YTD Total 136,421$ 126,199$ 134,957$ (1,464)$ ‐1% 8,758$ 7%
Annual Total 2,860,662$ 2,868,450$
2017 vs. Budget2017 vs. 2016
Year to Date through January
Fines and Penalties by Month
Month
Year to Date through January
2016 2017 2017
Actual Budget Actual $ % $ %
Civil Penalties ‐$ ‐$ ‐$ ‐$ N/A ‐$ N/A
Civil Infraction Penalties ‐ ‐ ‐ ‐ N/A ‐ N/A
Civil Parking Infraction Penalties ‐ ‐ ‐ ‐ N/A ‐ N/A
Photo Enforcement Program 131,281 125,201 127,976 (3,305) ‐3% 2,775 2%
Criminal Traffic Misdemeanor Fines ‐ ‐ ‐ ‐ N/A ‐ N/A
Criminal Non‐Traffic Fines ‐ ‐ 2,485 2,485 100% 2,485 100%
Criminal Costs ‐ ‐ ‐ ‐ N/A ‐ N/A
Non‐Court Fines, Forfeitures and Penalties 5,140 998 4,496 (644) ‐13% 3,498 350%
YTD Total 136,421$ 126,199$ 134,957$ (1,464)$ ‐1% 8,758$ 7%
Annual Total 2,860,662$ 2,868,450$
Revenue
2017 vs. Budget
Fines and Penalties by Type
2017 vs. 2016
Page 8 of 37
Monthly Financial Report January 2017
Included in the Fines and Penalties revenue
budget is $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 $128k.
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 $318k 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 2017’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 $364k.
Compared to last year, the
revenues are above by $105k or
41%. Compared to the
projected year‐to‐date budget,
the revenues are over by $155k
or 74%. The large variance with
the prior year and budget is due
to collecting more than
anticipated Seizure Funds.
Seizure Funds are restricted to drug enforcement only and are not available for general operating purposes.
Favorable
17 Budget 17 Actual 17 Budget 17 Actual (Unfavorable)1
Jan 125,201$ 127,976$ 89,775$ 27,432$ 100,544$
Feb 157,962 ‐ 89,775 ‐ ‐
Mar 189,510 ‐ 89,775 ‐ ‐
Apr 165,633 ‐ 89,775 ‐ ‐
May 152,426 ‐ 89,775 ‐ ‐
Jun 194,994 ‐ 89,775 ‐ ‐
Jul 144,851 ‐ 89,775 ‐ ‐
Aug 183,427 ‐ 89,775 ‐ ‐
Sep 164,770 ‐ 89,775 ‐ ‐
Oct 175,856 ‐ 89,775 ‐ ‐
Nov 185,108 ‐ 89,775 ‐ ‐
Dec 204,263 ‐ 89,775 ‐ ‐
YTD Total 125,201$ 127,976$ 89,775$ 27,432$ 100,544$
Annual Total 2,044,000$ 1,077,297$
1Actuals of Revenues and Expenses
ExpensesRevenues
Photo Enforcement Program
Year to Date through January
Month
2016 2017 2017
Actual Budget Actual $ % $ %
Jan 258,876$ 209,007$ 363,997$ 105,122$ 41% 154,990$ 74%
Feb 802,908 110,239
Mar 125,950 117,209
Apr 142,439 105,158
May 139,504 115,995
Jun 174,848 153,488
Jul 181,285 152,155
Aug 294,665 157,045
Sep 160,616 117,537
Oct 152,817 119,343
Nov 327,568 101,491
Dec 425,765 365,451
YTD Total 258,876$ 209,007$ 363,997$ 105,122$ 41% 154,990$ 74%
Annual Total 3,187,241$ 1,824,117$
Year to Date through January
Month
2017 vs. Budget2017 vs. 2016
Miscellaneous Revenues by Month
2016 2017 2017
Actual Budget Actual $ % $ %
Interests and Other Earnings 51,219$ 43,963$ 59,675$ 8,457$ 17% 15,712$ 36%
Rents, Leases, and Concessions 149,010 135,537 164,492 15,483 10% 28,955 21%
Contributions/Donations from Private Sources ‐ 2,080 575 575 100% (1,505) ‐72%
Other 58,647 27,427 37,500 (21,148) ‐36% 10,073 37%
Seizure Funds ‐ Federal/State/Local ‐ ‐ 101,755 101,755 100% 101,755 100%
YTD Total 258,876$ 209,007$ 363,997$ 105,122$ 41% 154,990$ 74%
Annual Total 3,187,241$ 1,824,117$
2017 vs. Budget
Miscellaneous Revenues by Type
Year to Date through January
Revenue
2017 vs. 2016
Page 9 of 37
Monthly Financial Report January 2017
EXPENSES
Overall the City has expended 7% of its budgeted general governmental expenditures at the end of January. This is $144k or
2.1% below year‐to‐date budgeted expenditures. See below for summary of unfavorable items for general governmental
departments.
Police department is over the year‐to‐date budget by $26k or 1%. This is due to the spending patterns of supplies,
professional services, intergovernmental, and interfund services in 2015/2016 compared to 2017.
Page 10 of 37
Monthly Financial Report January 2017
ENTERPRISE FUNDS
The table below gives an analysis of all City Enterprise funds. Displayed are the year‐to‐date revenues and expenditures for
each enterprise. Included in each funds are the capital revenues and expenditures.
Airport Golf Course Solid Waste
Utility Water Utility Wastewater
Utility
Surface Water
Utility Metro
REVENUES:
Licenses and permits ‐ ‐ ‐ ‐ 7,900 4,500 ‐
Grants / intergovernmental ‐ ‐ ‐ ‐ ‐ 106,541 ‐
Charges for services 9,923 45,688 1,505,623 1,180,677 818,362 989,318 1,308,872
Interdepartmental services ‐ ‐ ‐ ‐ ‐ ‐ ‐
Fines and penalties 272 ‐ ‐ ‐ 50 ‐ ‐
Rents, leases, and misc fees 242,770 14,476 ‐ 18,655 ‐ ‐ ‐
Interest and other misc 2,486 180 2,067 23,776 657,797 272,728 2,683
TOTAL REVENUES 255,451 60,344 1,507,690 1,223,108 1,484,109 1,373,087 1,311,555
EXPENSES:
Utility billing ‐ ‐ 9,917 13,692 13,230 23,155 ‐
Utility systems ‐ ‐ 571,292 263,344 265,211 236,303 ‐
Utility maintenance ‐ ‐ 24,820 370,470 146,968 210,391 1,400,157
Transportation 164,122 ‐ ‐ ‐ ‐ ‐ ‐
Golf ‐ 140,373 ‐ ‐ ‐ ‐ ‐
TOTAL EXPENSES 164,122 140,373 606,029 647,506 425,409 469,849 1,400,157
AMOUNT AVAILABLE FOR DEBT SERVICE 91,329 (80,029) 901,661 575,602 1,058,700 903,238 (88,602)
DEBT SERVICE:
Principal ‐ ‐ ‐ ‐ ‐ ‐ ‐
Interest ‐ ‐ ‐ ‐ ‐ 43,337 ‐
TOTAL DEBT SERVICE ‐ ‐ ‐ ‐ ‐ 43,337 ‐
CAPITAL PROJECTS ‐ 828 ‐ 8,698 15,840 12,249 ‐
TRANSFERS IN/(OUT)‐ ‐ ‐ ‐ ‐ ‐ ‐
CHANGE IN FUND BALANCE 91,329 (80,857) 901,661 566,904 1,042,860 847,652 (88,602)
BEGINNING FUND BALANCE, Jan 1 2,619,343 37,088 2,751,417 28,528,934 13,859,662 10,893,975 4,994,658
ENDING FUND BALANCE, Jan 31 2,710,672 (43,769) 3,653,078 29,095,838 14,902,522 11,741,627 4,906,056
Page 11 of 37
Monthly Financial Report January 2017
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 Communication
s Insurance Healthcare Retiree
Healthcare
REVENUES:
Technology Fee ‐ 11,193 ‐ ‐ ‐ ‐ ‐
Grants / intergovernmental ‐ ‐ ‐ ‐ ‐ ‐ ‐
Charges for services
Equipment rental m&o 226,694 354,204 ‐ ‐ ‐ ‐ ‐
Print and mail ‐ ‐ ‐ 36,592 ‐ ‐ ‐
Communications ‐ 66,209 79,042 53,158 ‐ ‐ ‐
Facilities ‐ ‐ 339,546 ‐ ‐ ‐ ‐
Data cards and cell phones ‐ ‐ ‐ ‐ ‐ ‐ ‐
IT service contracts ‐ ‐ ‐ ‐ ‐ ‐ ‐
Interest and other misc 3,545 1,525 834 299 6,916 2,227 5,414
Internal service fund misc:
Vehicle / equipment capital recovery 184,494 40,348 ‐ ‐ ‐ ‐ ‐
Insurance premiums ‐ ‐ ‐ ‐ 143,067 ‐ ‐
Worker's comp/unemployment ‐ ‐ ‐ ‐ 109,200 ‐ ‐
Benefit premiums ‐ ‐ ‐ ‐ ‐ 765,942 218,720
Other misc 57 ‐ ‐ ‐ ‐ 74,382 ‐
Interfund Loan ‐ ‐ ‐ ‐ ‐ ‐ ‐
Capital contributions ‐ ‐ ‐ ‐ ‐ ‐ ‐
Disposal of capital assets ‐ ‐ ‐ ‐ ‐ ‐ ‐
Insurance recoveries ‐ ‐ ‐ ‐ 3,799 ‐ ‐
TOTAL REVENUES 414,790 473,479 419,422 90,049 262,982 842,551 224,134
EXPENSES:
Communications 45,968
Equipment rental 101,259
Facilities 232,895
Healthcare 722,456
Information technology 443,632
Print and mail 16,525
Retiree healthcare 74,306
Risk management:
Risk management 340,130
Unemployment ‐
Worker's compensation 243,203
TOTAL EXPENSES 101,259 443,632 232,895 62,493 583,333 722,456 74,306
AMOUNT AVAILABLE FOR CAPITAL 313,531 29,847 186,527 27,556 (320,351) 120,095 149,828
CAPITAL PROJECTS ‐ 8,074 ‐ ‐ ‐ ‐ ‐
TRANSFERS IN ‐ ‐ ‐ ‐ ‐ ‐ ‐
TRANSFERS (OUT)‐ ‐ ‐ ‐ ‐ ‐ ‐
CHANGE IN FUND BALANCE 313,531 21,773 186,527 27,556 (320,351) 120,095 149,828
BEGINNING FUND BALANCE, Jan 1 6,432,053 2,570,374 1,275,053 542,927 12,852,509 4,156,148 10,079,251
ENDING FUND BALANCE, Jan 31 6,745,584 2,592,147 1,461,580 570,483 12,532,158 4,276,243 10,229,079
Page 12 of 37
Monthly Financial Report January 2017
FUND BALANCE
Page 14 shows the ending fund balance as of January 2017. 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 January, the City has $27.3 million reported in the combined general governmental fund balance of the current
year’s operating budget, which is approximately 28% of budgeted operating expenditures. This is an increase of $769k from
the year’s beginning balance. January’s ending fund balance is over the anticipated General Governmental Fund Balance of
$17.4 million by $10 million or 56.9%. 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 January 2017
City of Renton
All Funds ‐ Revenue, Expenditures and Fund Balances
Cash Basis through January 31, 2017
Funds
Balance
01/01/2017
Budgeted
Revenue
Revenue
01/31/17
Total Funds
Available
Budgeted
Expenditure
Expenditure
01/31/17 Ending Balance
GENERAL GOVERNMENT FUNDS: 26,563,785 101,574,129 7,364,146 33,927,931 99,208,714 6,595,136 27,332,795
000 General 18,201,028 71,822,349 5,921,490 24,122,518 67,906,170 4,977,579 19,144,939
001 Community Services 3,769,766 12,336,177 891,120 4,660,886 13,422,904 811,553 3,849,333
003 Street 1,936,367 10,722,085 502,000 2,438,367 11,085,024 735,716 1,702,651
004 Community Dev Block Grant 66,654 424,857 413 67,067 424,857 5,246 61,820
005 Museum 72,372 233,936 39 72,411 236,275 19,400 53,011
009 Farmers Market 90,730 59,400 10,196 100,926 66,855 4,263 96,663
011 Fire Health & Wellness ‐ ‐ ‐ ‐ ‐ ‐ ‐
201 Ltd GO Bonds Gen Govt Debt 852,111 1,749,675 456 852,567 1,749,675 ‐ 852,567
215 Gen Govt Misc Debt Service 1,574,757 4,225,650 38,432 1,613,189 4,316,954 41,377 1,571,812
SPECIAL REVENUE FUNDS:1,599,965 1,974,729 195,018 1,794,983 1,902,670 42,360 1,752,623
102 Arterial Street 63,480 660,000 52,633 116,113 660,000 ‐ 116,113
108 Leased City Properties 276,865 902,550 100,118 376,983 839,996 42,360 334,623
110 Hotel Motel 402,602 265,000 19,587 422,189 265,000 ‐ 422,189
125 1% For Art 128,489 24,505 69 128,558 15,000 ‐ 128,558
127 Cable Communication 394,504 122,674 22,432 416,936 122,674 ‐ 416,936
135 Springbrook Wetlands Bank 334,025 ‐ 179 334,204 ‐ ‐ 334,204
CAPITAL PROJECT FUNDS (CIP):26,202,403 22,464,152 1,802,947 28,005,350 19,574,182 36,898 27,968,452
303 Community Dev Mitigation 1,255,194 86,500 21,257 1,276,451 ‐ ‐ 1,276,451
304 Fire Mitigation 607,163 99,000 5,228 612,391 158,696 ‐ 612,391
305 Transportation Mitigation 1,497,748 620,000 49,785 1,547,533 1,005,000 ‐ 1,547,533
316 Municipal Facilities CIP 15,038,030 10,352,000 1,036,885 16,074,915 6,399,775 (1,329) 16,076,244
317 Transportation CIP 5,640,494 11,306,652 688,609 6,329,103 12,010,711 38,227 6,290,876
326 Housing Opportunity 1,041,173 ‐ 559 1,041,732 ‐ ‐ 1,041,732
336 New Library Development 1,122,601 ‐ 624 1,123,225 ‐ ‐ 1,123,225
ENTERPRISE FUNDS:63,685,077 81,744,234 7,215,345 70,900,422 89,940,554 3,934,398 66,966,024
4X2 Airport Operating & CIP 2,619,343 3,122,486 255,452 2,874,795 3,894,902 164,122 2,710,673
403 Solid Waste Utility 2,751,417 19,187,851 1,507,690 4,259,107 19,010,175 606,029 3,653,078
4X4 Golf Operating & CIP 37,088 2,833,044 60,345 97,433 2,539,041 141,202 (43,769)
4X5 Water Operating & CIP 28,528,934 17,180,526 1,223,107 29,752,041 22,500,120 656,205 29,095,836
4X6 Waste Water Operating & CIP 13,859,662 10,024,949 1,484,109 15,343,771 12,137,333 441,249 14,902,522
416 King County Metro 4,994,658 17,505,693 1,311,555 6,306,213 17,505,693 1,400,157 4,906,056
4X7 Surface Water Operating & CIP 10,893,975 11,889,685 1,373,087 12,267,062 12,353,290 525,434 11,741,628
INTERNAL SERVICE FUNDS:37,908,315 30,287,916 2,727,407 40,635,722 31,512,994 2,228,447 38,407,275
501 Equipment Repair/Replacement 6,432,053 6,388,513 414,790 6,846,843 7,126,253 101,259 6,745,584
502 Insurance 12,852,509 3,292,368 262,982 13,115,491 3,571,166 583,333 12,532,158
503 Information Services 2,570,374 5,603,168 473,479 3,043,853 5,560,636 451,705 2,592,148
504 Facilities 1,275,053 4,882,506 419,422 1,694,475 4,981,195 232,895 1,461,580
505 Communications 542,927 1,078,253 90,049 632,976 1,076,474 62,493 570,483
512 Insurance, Healthcare 4,156,148 7,787,779 842,551 4,998,699 8,157,676 722,456 4,276,243
522 Insurance, Leoff1 Retirees HC 10,079,251 1,255,329 224,134 10,303,385 1,039,594 74,306 10,229,079
FIDUCIARY FUNDS:5,578,045 468,000 1,700 5,579,745 210,475 20,669 5,559,076
611 Firemen's Pension 5,578,045 468,000 1,700 5,579,745 210,475 20,669 5,559,076
TOTAL FUNDS 161,537,590 238,513,160 19,306,563 180,844,153 242,349,589 12,857,908 167,986,245
Page 14 of 37
City of Renton
General Government Financial Position
2017 Budget Year
General Government Summary
Revenues Expenditures
$ Difference
over (under)
w/beginning
balance
26,563,785
January 7,364,146 6,595,136 769,010 27,332,795
February
March
April
May
June
July
August
September
October
November
December
(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
‐
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 ‐ 2017 Budget Year
General
Government Budget
YTD
Actual
Annual %
over (under)
Jan 7,147,391 7,364,146 3.03%
Feb 13,502,059
Mar 19,935,029
Apr 32,759,081
May 44,403,500
Jun 50,637,508
Jul 58,132,061
Aug 64,573,204
Sep 70,888,717
Oct 82,302,982
Nov 94,897,374
Dec 101,574,129
Percent of budget 7.25%
Property Tax Budget
YTD
Actual
Annual %
over (under)
Jan 36,768 55,429 50.75%
Feb 241,042
Mar 967,646
Apr 6,883,291
May 12,626,243
Jun 12,719,859
Jul 12,760,104
Aug 12,870,217
Sep 13,238,047
Oct 17,341,593
Nov 23,988,632
Dec 24,103,395
Percent of budget 0.23%
$‐
$10
$20
$30
$40
$50
$60
$70
$80
$90
$100
$110
$120
$130
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 ‐ 2017 Budget Year
Sales Tax Budget
YTD
Actual
Annual %
over (under)
Jan 2,261,189 2,340,558 3.51%
Feb 4,964,886
Mar 7,067,913
Apr 9,174,172
May 11,640,150
Jun 13,842,125
Jul 16,104,724
Aug 18,663,293
Sep 21,097,526
Oct 23,629,240
Nov 26,285,407
Dec 28,763,680
Percent of budget 8.14%
Note: Excludes CJ Sales Tax and Natural Gas Use Tax.
Utility Tax Budget
YTD
Actual
Annual %
over (under)
Jan 1,277,138 1,698,721 33.01%
Feb 2,735,212
Mar 4,197,814
Apr 5,487,047
May 6,771,549
Jun 7,949,356
Jul 9,183,733
Aug 10,453,523
Sep 11,680,525
Oct 12,932,675
Nov 14,139,633
Dec 15,478,137
Percent of budget 10.97%
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
Millions Utility Tax
Budget
Actual
Last Year
Page 17 of 37
City of Renton
Monthly Revenue Analysis ‐ 2017 Budget Year
Licenses &
Permits Budget
YTD
Actual
Annual %
over (under)
Jan 586,132 321,764 ‐45.10%
Feb 956,756
Mar 1,322,363
Apr 1,688,572
May 1,961,934
Jun 2,264,302
Jul 2,972,183
Aug 3,368,015
Sep 3,791,878
Oct 4,274,238
Nov 4,532,625
Dec 4,815,012
Percent of budget 6.68%
Note: GF only
Intergovt'l Budget
YTD
Actual
Annual %
over (under)
Jan 567,324 604,678 6.58%
Feb 1,018,187
Mar 1,551,290
Apr 2,064,933
May 2,745,943
Jun 3,343,929
Jul 3,833,927
Aug 4,298,546
Sep 4,899,687
Oct 5,449,039
Nov 5,994,932
Dec 6,730,078
Percent of budget 8.98%
Note: Includes CJ Sales Tax and FD25 & FD40 contracts
$‐
$2
$4
$6
$8
$10
$12
Millions
Intergovernmental
Budget
Actual
Last Year
$‐
$0.50
$1.00
$1.50
$2.00
$2.50
$3.00
$3.50
$4.00
$4.50
$5.00
Millions Licenses & Permits
Budget
Actual
Last Year
Page 18 of 37
City of Renton
Monthly Revenue Analysis ‐ 2017 Budget Year
Charges for
Services Budget
YTD
Actual
Annual %
over (under)
Jan 641,725 749,576 16.81%
Feb 1,192,622
Mar 1,779,728
Apr 2,574,617
May 3,142,189
Jun 4,270,357
Jul 5,207,148
Aug 6,077,059
Sep 6,705,746
Oct 7,327,762
Nov 7,947,988
Dec 8,677,538
Percent of budget 8.64%
Note: Excludes FD25 & FD40 contracts
Fines &
Forfeits Budget
YTD
Actual
Annual %
over (under)
Jan 126,199 134,957 6.94%
Feb 339,355
Mar 603,740
Apr 845,911
May 1,077,838
Jun 1,339,137
Jul 1,558,308
Aug 1,810,632
Sep 2,043,253
Oct 2,287,023
Nov 2,557,964
Dec 2,868,450
Percent of budget 4.70%
$‐
$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
Millions Fines & Forfeits
Budget
Actual
Last Year
Page 19 of 37
City of Renton
Monthly Revenue Analysis ‐ 2017 Budget Year
Other Taxes Budget
YTD
Actual
Annual %
over (under)
Jan 1,428,684 1,094,465 ‐23.39%
Feb 1,708,305
Mar 1,968,404
Apr 3,446,027
May 3,713,922
Jun 4,018,000
Jul 5,456,111
Aug 5,805,828
Sep 6,075,201
Oct 7,571,990
Nov 7,846,056
Dec 8,155,026
Percent of budget 13.42%
Misc Budget
YTD
Actual
Annual %
over (under)
Jan 209,007 363,997 74.16%
Feb 319,246
Mar 436,454
Apr 541,612
May 657,607
Jun 811,095
Jul 963,250
Aug 1,120,295
Sep 1,237,832
Oct 1,357,175
Nov 1,458,666
Dec 1,824,117
Percent of budget 19.95%
$‐
$0.50
$1.00
$1.50
$2.00
$2.50
$3.00
$3.50
Millions Miscellaneous
Budget
Actual
Last Year
$‐
$1
$2
$3
$4
$5
$6
$7
$8
$9
$10
$11
$12
$13
Millions Other Taxes
Budget
Actual
Last Year
Page 20 of 37
City of Renton
Monthly Revenue Analysis ‐ 2017 Budget Year
Other
Financing Budget
YTD
Actual
Annual %
over (under)
Jan 13,225 ‐ 0.00%
Feb 26,449
Mar 39,674
Apr 52,899
May 66,123
Jun 79,348
Jul 92,573
Aug 105,797
Sep 119,022
Oct 132,247
Nov 145,471
Dec 158,696
Percent of budget 0.00%
REET Budget
YTD
Actual
Annual %
over (under)
Jan 708,703 1,028,456 45.12%
Feb 857,491
Mar 1,062,002
Apr 1,360,630
May 1,722,197
Jun 2,068,717
Jul 2,566,642
Aug 3,050,997
Sep 3,452,940
Oct 3,887,811
Nov 4,154,162
Dec 4,420,000
Percent of budget 23.27%
$‐
$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
Real Estate Excise Tax
Budget
Actual
Last Year
$0
$1
$1
$2
$2
$3
Mi
l
l
i
o
n
s
Other Financing Sources
Budget
Actual
Last Year
Page 21 of 37
City of Renton
Monthly Revenue Analysis ‐ 2017 Budget Year
Bldg Permits &
Devlpmt Svc
Fees Budget
YTD
Actual
Annual %
over (under)
Jan 481,500 399,548 ‐17.02%
Feb 861,115
Mar 1,301,962
Apr 1,786,635
May 2,096,984
Jun 2,795,383
Jul 3,487,109
Aug 3,925,839
Sep 4,424,411
Oct 4,902,760
Nov 5,262,700
Dec 5,735,368
Percent of budget 6.97%
B & O Tax Budget
YTD
Actual
Annual %
over (under)
Jan 1,360,000 432,319 ‐68.21%
Feb 1,530,000
Mar 1,700,000
Apr 3,060,000
May 3,230,000
Jun 3,400,000
Jul 4,760,000
Aug 4,930,000
Sep 5,100,000
Oct 6,460,000
Nov 6,630,000
Dec 6,800,000
Percent of budget 6.36%
$‐
$1.00
$2.00
$3.00
$4.00
$5.00
$6.00
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
$6.00
$6.50
$7.00
Millions Business & Occupation Tax
Budget
Actual
Last Year
Page 22 of 37
City of Renton
Monthly Expenditure Analysis ‐ 2017 Budget Year
General
Government Budget
YTD
Actual
Annual %
over (under)
Jan 6,739,148 6,595,136 ‐2.14%
Feb 15,252,027
Mar 23,599,839
Apr 31,313,874
May 39,464,243
Jun 47,517,491
Jul 56,224,122
Aug 64,719,968
Sep 73,192,169
Oct 81,675,601
Nov 89,579,830
Dec 99,208,714
Percent of budget expended 6.65%
Legislative Budget
YTD
Actual
Annual %
over (under)
Jan 36,183 36,043 ‐0.39%
Feb 66,236
Mar 101,649
Apr 131,509
May 161,207
Jun 190,925
Jul 219,892
Aug 249,074
Sep 278,319
Oct 308,035
Nov 337,502
Dec 368,211
Percent of budget expended 9.79%
$‐
$20
$40
$60
$80
$100
Millions
Total Expenditures
General Government
Budget
Actual
Last Year
$‐
$50,000
$100,000
$150,000
$200,000
$250,000
$300,000
$350,000
$400,000
Legislative
Budget
Actual
Last Year
Page 23 of 37
City of Renton
Monthly Expenditure Analysis ‐ 2017 Budget Year
Executive Budget
YTD
Actual
Annual %
over (under)
Jan 210,597 211,310 0.34%
Feb 352,795
Mar 532,783
Apr 674,696
May 815,622
Jun 974,868
Jul 1,116,480
Aug 1,276,386
Sep 1,459,974
Oct 1,602,086
Nov 1,744,624
Dec 1,946,801
Percent of budget expended 10.85%
Emergency
Management Budget
YTD
Actual
Annual %
over (under)
Jan 60,959 35,052 ‐42.50%
Feb 100,803
Mar 150,586
Apr 190,380
May 230,495
Jun 277,194
Jul 317,478
Aug 385,782
Sep 432,973
Oct 475,285
Nov 516,615
Dec 587,790
Percent of budget expended 5.96%
$‐
$0.30
$0.60
$0.90
$1.20
$1.50
$1.80
$2.10
Millions Executive
Budget
Actual
Last Year
$‐
$100,000
$200,000
$300,000
$400,000
$500,000
$600,000
Emergency Management
Budget
Actual
Last Year
Page 24 of 37
City of Renton
Monthly Expenditure Analysis ‐ 2017 Budget Year
City Attorney Budget
YTD
Actual
Annual %
over (under)
Jan 176,840 168,105 ‐4.94%
Feb 356,198
Mar 539,974
Apr 727,889
May 911,796
Jun 1,096,207
Jul 1,281,325
Aug 1,466,602
Sep 1,658,357
Oct 1,826,387
Nov 1,995,101
Dec 2,163,329
Percent of budget expended 7.77%
Court Services Budget
YTD
Actual
Annual %
over (under)
Jan 171,264 169,642 ‐0.95%
Feb 352,218
Mar 535,423
Apr 716,857
May 901,397
Jun 1,094,693
Jul 1,278,228
Aug 1,465,440
Sep 1,656,123
Oct 1,839,864
Nov 2,023,061
Dec 2,220,656
Percent of budget expended 7.64%
$‐
$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
$‐
$0.40
$0.80
$1.20
$1.60
$2.00
$2.40
Millions City Attorney
Budget
Actual
Last Year
Page 25 of 37
City of Renton
Monthly Expenditure Analysis ‐ 2017 Budget Year
CED Admin Budget
YTD
Actual
Annual %
over (under)
Jan 104,691 109,731 4.81%
Feb 209,968
Mar 315,244
Apr 422,897
May 531,643
Jun 639,918
Jul 803,016
Aug 909,108
Sep 1,015,431
Oct 1,121,287
Nov 1,226,753
Dec 1,337,991
Percent of budget expended 8.20%
Development
Services Budget
YTD
Actual
Annual %
over (under)
Jan 253,473 239,337 ‐5.58%
Feb 537,134
Mar 814,946
Apr 1,078,514
May 1,355,387
Jun 1,636,621
Jul 1,913,013
Aug 2,202,288
Sep 2,500,917
Oct 2,782,058
Nov 3,060,738
Dec 3,365,105
Percent of budget expended 7.11%
$‐
$0.20
$0.40
$0.60
$0.80
$1.00
$1.20
$1.40
Millions
Community & Economic
Development Admin
Budget
Actual
Last Year
$‐
$0.50
$1.00
$1.50
$2.00
$2.50
$3.00
$3.50
Millions
Development Services
Budget
Actual
Last Year
Page 26 of 37
City of Renton
Monthly Expenditure Analysis ‐ 2017 Budget Year
Economic
Development Budget
YTD
Actual
Annual %
over (under)
Jan 62,001 46,869 ‐24.41%
Feb 153,293
Mar 224,582
Apr 342,747
May 424,864
Jun 523,338
Jul 623,000
Aug 700,815
Sep 773,456
Oct 907,053
Nov 1,008,707
Dec 1,104,342
Percent of budget expended 4.24%
Planning Budget
YTD
Actual
Annual %
over (under)
Jan 242,179 221,112 ‐8.70%
Feb 488,126
Mar 751,373
Apr 1,009,976
May 1,309,628
Jun 1,598,387
Jul 1,862,808
Aug 2,130,592
Sep 2,418,320
Oct 2,693,743
Nov 2,945,967
Dec 3,207,796
Percent of budget expended 6.89%
$‐
$0.20
$0.40
$0.60
$0.80
$1.00
$1.20
Millions
Economic Development
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 ‐ 2017 Budget Year
Finance Budget
YTD
Actual
Annual %
over (under)
Jan 210,228 197,230 ‐6.18%
Feb 420,660
Mar 628,837
Apr 841,612
May 1,068,567
Jun 1,384,542
Jul 1,596,444
Aug 1,959,270
Sep 2,188,971
Oct 2,417,989
Nov 2,632,734
Dec 3,312,369
Percent of budget expended 5.95%
City Clerk Budget
YTD
Actual
Annual %
over (under)
Jan 70,972 62,018 ‐12.62%
Feb 171,187
Mar 252,319
Apr 334,103
May 416,724
Jun 499,628
Jul 585,297
Aug 739,158
Sep 753,269
Oct 858,323
Nov 945,725
Dec 1,121,537
Percent of budget expended 5.53%
Includes Hearing Examiner
$‐
$0.20
$0.40
$0.60
$0.80
$1.00
$1.20
Millions City Clerk
Budget
Actual
Last Year
$‐
$0.40
$0.80
$1.20
$1.60
$2.00
$2.40
$2.80
$3.20
$3.60
Millions Finance
Budget
Actual
Last Year
Page 28 of 37
City of Renton
Monthly Expenditure Analysis ‐ 2017 Budget Year
Human
Resources Budget
YTD
Actual
Annual %
over (under)
Jan 86,650 87,874 1.41%
Feb 190,026
Mar 308,824
Apr 423,771
May 530,627
Jun 636,463
Jul 742,522
Aug 856,960
Sep 962,275
Oct 1,081,723
Nov 1,186,626
Dec 1,321,317
Percent of budget expended 6.65%
Police Budget
YTD
Actual
Annual %
over (under)
Jan 2,938,648 2,964,875 0.89%
Feb 5,580,948
Mar 8,715,041
Apr 11,385,347
May 14,397,411
Jun 17,169,439
Jul 20,269,792
Aug 22,985,168
Sep 26,075,758
Oct 28,848,141
Nov 31,783,447
Dec 35,141,917
Percent of budget expended 8.44%
$‐
$0.20
$0.40
$0.60
$0.80
$1.00
$1.20
$1.40
Millions Human Resources
Budget
Actual
Last Year
$‐
$3
$6
$9
$12
$15
$18
$21
$24
$27
$30
$33
$36
Millions Police
Budget
Actual
Last Year
Page 29 of 37
City of Renton
Monthly Expenditure Analysis ‐ 2017 Budget Year
Community
Services Admin Budget
YTD
Actual
Annual %
over (under)
Jan 43,313 44,101 1.82%
Feb 91,333
Mar 132,122
Apr 170,865
May 208,694
Jun 243,941
Jul 283,798
Aug 323,291
Sep 362,917
Oct 402,012
Nov 441,115
Dec 505,154
Percent of budget expended 8.73%
Parks Budget
YTD
Actual
Annual %
over (under)
Jan 341,642 309,997 ‐9.26%
Feb 709,382
Mar 1,096,504
Apr 1,489,177
May 1,883,623
Jun 2,321,322
Jul 2,830,040
Aug 3,314,760
Sep 3,815,806
Oct 4,259,572
Nov 4,651,730
Dec 5,091,258
Percent of budget expended 6.09%
$‐
$1.00
$2.00
$3.00
$4.00
$5.00
$6.00
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 ‐ 2017 Budget Year
Parks Planning
and Natural
Resources Budget
YTD
Actual
Annual %
over (under)
Jan 61,892 53,458 ‐13.63%
Feb 131,533
Mar 211,483
Apr 280,509
May 390,324
Jun 489,944
Jul 587,703
Aug 699,411
Sep 815,101
Oct 930,556
Nov 1,035,110
Dec 1,177,483
Percent of budget expended 4.54%
Recreation Budget
YTD
Actual
Annual %
over (under)
Jan 372,341 347,558 ‐6.66%
Feb 770,723
Mar 1,184,820
Apr 1,608,181
May 2,027,273
Jun 2,486,920
Jul 3,154,292
Aug 3,843,311
Sep 4,403,077
Oct 4,817,996
Nov 5,232,836
Dec 5,674,455
Percent of budget expended 6.12%
$‐
$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
$6.00
Millions Recreation
Budget
Actual
Last Year
Page 31 of 37
City of Renton
Monthly Expenditure Analysis ‐ 2017 Budget Year
Human
Services Budget
YTD
Actual
Annual %
over (under)
Jan 66,308 98,615 48.72%
Feb 160,698
Mar 270,295
Apr 418,232
May 491,413
Jun 558,612
Jul 674,029
Aug 774,423
Sep 845,232
Oct 1,010,378
Nov 1,090,523
Dec 1,279,916
Percent of budget expended 7.70%
Neighborhoods
, Resources,
and Events Budget
YTD
Actual
Annual %
over (under)
Jan 70,488 60,703 ‐13.88%
Feb 157,901
Mar 234,660
Apr 300,176
May 376,460
Jun 453,629
Jul 572,561
Aug 668,419
Sep 756,275
Oct 837,240
Nov 910,541
Dec 1,041,408
Percent of budget expended 5.83%
$‐
$0.20
$0.40
$0.60
$0.80
$1.00
$1.20
$1.40
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 ‐ 2017 Budget Year
Museum Fund Budget
YTD
Actual
Annual %
over (under)
Jan 19,490 19,400 ‐0.46%
Feb 38,851
Mar 57,801
Apr 77,036
May 96,758
Jun 116,580
Jul 136,413
Aug 156,373
Sep 176,366
Oct 196,623
Nov 216,498
Dec 236,275
Percent of budget expended 8.21%
Public Works
Admin Budget
YTD
Actual
Annual %
over (under)
Jan 33,358 33,498 0.42%
Feb 68,245
Mar 102,054
Apr 135,775
May 169,617
Jun 203,557
Jul 237,559
Aug 272,046
Sep 306,358
Oct 339,748
Nov 373,069
Dec 406,398
Percent of budget expended 8.24%
$‐
$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
Museum Fund
Budget
Actual
Last Year
Page 33 of 37
City of Renton
Monthly Expenditure Analysis ‐ 2017 Budget Year
Street
Maintenance Budget
YTD
Actual
Annual %
over (under)
Jan 422,310 408,757 ‐3.21%
Feb 851,905
Mar 1,313,322
Apr 1,762,969
May 2,205,454
Jun 2,651,411
Jul 3,128,820
Aug 3,595,499
Sep 4,048,699
Oct 4,498,708
Nov 4,929,955
Dec 5,415,126
Percent of budget expended 7.55%
Transportation Budget
YTD
Actual
Annual %
over (under)
Jan 340,428 326,959 ‐3.96%
Feb 706,499
Mar 1,247,152
Apr 1,619,928
May 2,095,850
Jun 2,513,261
Jul 2,960,840
Aug 3,404,337
Sep 3,854,060
Oct 4,693,977
Nov 5,071,355
Dec 5,669,897
Percent of budget expended 5.77%
$‐
$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 ‐ 2017 Budget Year
Debt Service Budget
YTD
Actual
Annual %
over (under)
Jan 41,377 41,377 0.00%
Feb 1,011,105
Mar 1,516,657
Apr 2,022,210
May 2,527,762
Jun 3,033,315
Jul 3,538,867
Aug 4,044,419
Sep 4,549,972
Oct 5,055,524
Nov 5,561,077
Dec 6,066,629
Percent of budget expended 0.68%
Non‐
Departmental
Other City Budget
YTD
Actual
Annual %
over (under)
Jan 301,517 301,517 0.00%
Feb 1,574,259
Mar 2,361,388
Apr 3,148,517
May 3,935,646
Jun 4,722,776
Jul 5,509,905
Aug 6,297,034
Sep 7,084,163
Oct 7,871,293
Nov 8,658,422
Dec 9,445,551
Percent of budget expended 3.19%
$‐
$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
Millions Debt Service
Budget
Actual
Last Year
Page 35 of 37
City of Renton
Monthly Enterprise Fund Financial Report ‐ 2017 Budget Year
Utilities Budget Revenue Expense
Jan 3,137,933 6,899,538 3,629,075
Feb 7,966,180
Mar 12,785,927
Apr 17,564,889
May 22,485,221
Jun 29,629,728
Jul 34,562,524
Aug 43,874,165
Sep 52,542,001
Oct 67,568,059
Nov 72,950,725
Dec 83,506,611
Percent of budget expended 2.92%
Note: Operations and Capital
Airport Budget Revenue Expense
Jan 197,822 255,451 164,122
Feb 477,943
Mar 794,755
Apr 1,099,920
May 1,348,103
Jun 1,639,286
Jul 1,932,689
Aug 2,211,019
Sep 2,589,486
Oct 2,995,569
Nov 3,226,692
Dec 3,894,902
Percent of budget expended 4.21%
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
$4.00
$4.50
Millions Airport
Budget
Revenue
Expense
Page 36 of 37
City of Renton
Monthly Enterprise Fund Financial Report ‐ 2017 Budget Year
Golf Course Budget Revenue Expense
Jan 132,696 60,345 141,202
Feb 283,495
Mar 472,641
Apr 635,498
May 809,399
Jun 999,439
Jul 1,218,743
Aug 1,418,310
Sep 1,598,003
Oct 1,787,537
Nov 1,955,753
Dec 2,539,041
Percent of budget expended 5.56%
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