HomeMy WebLinkAboutApril 2018
h:\finance\financial reporting\monthly reports\2018 reports\cover 0418.docx
ADMINISTRATIVE SERVICES
M E M O R A N D U M
DATE: June 22, 2018
TO: Ed Prince, Council President
Members of Renton City Council
CC: Denis Law, Mayor
Bob Harrison, Chief Administrative Officer
FROM: Jan Hawn, ASD Administrator
STAFF CONTACT: Marc Gordon, Sr. Finance Analyst
SUBJECT: April 2018 Financial Status Report
At the end of April, general governmental revenues show $8.9M or 26.8% over budget.
Revenue source(s) that are higher than expected are: property taxes (2.1M); sales tax
($626K); sales tax annexation credit ($426K); criminal justice sales tax ($79K); utility taxes
($427K); gambling taxes ($367K); business & occupation taxes ($4.4M); business license
($246K); and public safety ($206K). On the down side, the revenue source(s) that are
underperforming the year to date budget are: building permits & development service
fees ($251K below) and fines/penalties ($352K below).
General government expenditures showed a favorable variance of $367K or 1.3%. See
page 10 of report for further expenditure over-spent/savings 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 x6937 should
you have any questions or any suggestions about the report.
Ed Prince, Council President
Members of Renton City Council
Page 2 of 2
June 22, 2018
h:\finance\financial reporting\monthly reports\2018 reports\cover 0418.docx
This page is intentionally left blank
Page | 1
Preliminary as of 06/22/2018
General Governmental Funds
$%
Beginning Fund Balance 19,962,845$ 19,962,845$ 26,563,785$ 26,563,785$ 20,936,323$ 20,936,323$ 33,284,838$ 12,348,515 59.0%
OPERATING REVENUES
Property Tax 37,038,480 9,489,780 24,356,562 8,189,058 19,397,308 5,585,498 7,667,724 2,082,226 37.3%
Sales Tax 26,353,246 8,042,675 26,331,634 8,383,159 26,683,440 8,539,693 9,165,821 626,128 7.3%
Sales Tax - Annexation Credit 3,114,762 952,359 3,123,230 992,803 2,120,300 661,162 1,086,846 425,684 64.4%
Criminal Justice Sales Tax 2,701,787 858,485 2,808,564 889,786 2,782,404 882,774 961,428 78,654 8.9%
Natural Gas Use Tax 184,638 94,943 180,456 78,804 228,000 99,566 64,218 (35,348) -35.5%
Admission Tax 262,506 140,840 223,157 122,095 320,000 173,246 112,742 (60,503) -34.9%
Franchise Fees 1,406,092 703,549 1,562,100 765,896 1,330,000 658,435 441,270 (217,165) -33.0%
Electricity Tax 5,440,139 2,103,221 5,721,366 2,181,459 5,476,959 2,102,495 2,166,727 64,231 3.1%
Natural Gas Utility Tax 1,327,937 706,375 1,630,375 883,739 1,350,900 726,118 783,610 57,491 7.9%
Garbage/Solid Waste 717,148 215,346 627,254 189,280 680,000 204,660 229,133 24,473 12.0%
TV Cable 1,619,364 507,849 1,651,405 522,713 1,662,115 523,704 491,726 (31,977) -6.1%
Telephone 859,868 299,629 866,519 330,485 729,131 266,125 246,769 (19,356) -7.3%
Cellular Phone 1,541,204 532,031 1,481,298 478,838 1,536,267 513,801 449,662 (64,139) -12.5%
City Utilities 4,206,473 1,306,744 4,840,530 1,388,990 4,000,752 1,192,103 1,624,041 431,937 36.2%
Utility Tax Audit 111,227 111,227 - - - - - - 0.0%
Leasehold Excise Tax 173,769 42,176 173,396 42,568 179,000 43,694 43,340 (355) -0.8%
Gambling Excise Tax 2,500,604 790,251 2,695,368 821,419 2,000,000 620,353 987,292 366,939 59.1%
Real Estate Excise Tax 4,387,275 1,946,242 3,209,865 2,459,865 4,420,000 1,654,828 1,903,118 248,290 15.0%
Less: CIP REET (973,121) (973,121) (2,459,865) (2,459,865) (4,420,000) (1,654,828) (1,903,118) (248,290) 15.0%
EMS Levy 479,597 - - - - - - - 0.0%
B&O Taxes 6,375,322 4,578,349 9,633,034 5,866,521 7,636,000 3,436,200 7,793,531 4,357,331 126.8%
Less: CIP B&O Taxes (2,000,000) - (2,473,974) - (1,379,314) (620,691) - 620,691 -100.0%
Business License Fees 1,926,510 1,073,694 1,480,730 597,889 1,311,894 614,267 860,074 245,807 40.0%
Less: CIP Business License Fees (1,587,627) (889,182) (614,796) (292,973) (623,186) (334,496) (338,367) (3,870) 1.2%
Animal Licenses and Spec Events Permits 102,905 34,530 140,391 36,772 94,174 33,792 47,782 13,990 41.4%
Building Permits & Development Svc Fees 5,293,563 1,994,550 4,907,983 1,445,882 5,451,699 1,839,013 1,587,790 (251,223) -13.7%
Intergovt'l (Grants, State Shared, etc)3,998,953 1,464,834 4,285,806 1,252,346 3,735,614 1,240,577 1,370,252 129,675 10.5%
Fire District 25 and 40 Contracts 3,517,779 164,356 341,939 170,969 357,660 178,830 178,830 - 0.0%
Public Safety 994,179 313,301 837,728 343,235 617,635 221,354 427,181 205,828 93.0%
Culture and Recreation 1,632,903 385,035 1,722,323 331,028 1,755,923 374,744 315,703 (59,042) -15.8%
Interfund/Interdept-Services 3,377,663 1,140,882 3,916,334 1,359,997 4,361,086 1,453,695 1,397,508 (56,187) -3.9%
Fines and Penalties 901,592 216,897 822,450 220,049 830,082 212,642 223,148 10,506 4.9%
Photo Enforcement 1,959,071 651,712 2,124,399 586,966 3,151,072 955,845 593,336 (362,509) -37.9%
Seizure Funds - Federal/State/Local 987,293 661,152 176,503 146,640 - - 16,733 16,733 100.0%
Interests and Other Earnings 1,058,880 225,043 1,155,371 263,157 875,300 192,987 328,350 135,363 70.1%
Rents, Leases, and Concessions 642,192 224,439 634,897 238,174 623,195 225,746 255,395 29,649 13.1%
Contributions and Donations 96,582 41,314 177,919 59,567 70,000 25,725 49,265 23,539 91.5%
Other Miscellaneous 956,131 313,271 954,680 249,003 702,998 197,707 267,266 69,559 35.2%
Other Financing Sources (Transfer-In, etc)2,129,561 - 283,213 94,231 142,975 13,000 13,000 - 0.0%
Total Operating Revenues 125,816,444 40,464,776 109,530,146 39,230,543 100,191,383 33,054,366 41,909,125 8,854,759 26.8%
OPERATING EXPENDITURES
Council 358,550 129,027 362,101 127,629 374,666 133,436 131,800 1,636 1.2%
Executive 1,778,206 616,267 1,954,748 632,403 1,977,556 661,491 699,202 (37,711) -5.7%
Emergency Management*370,832 116,194 569,333 171,474 606,070 185,443 189,109 (3,666) -2.0%
City Attorney 1,983,834 670,522 2,088,718 694,752 2,251,312 754,725 728,768 25,958 3.4%
Court Services 2,075,763 678,807 2,174,217 708,103 2,250,644 734,460 749,786 (15,326) -2.1%
Community and Eco Dvlpmnt Admin 1,161,330 382,305 1,351,830 439,814 1,339,679 438,243 449,552 (11,309) -2.6%
Development Services 2,859,410 892,326 3,023,728 1,024,029 3,451,529 1,124,291 938,343 185,948 16.5%
Economic Development 1,004,411 287,672 949,467 190,278 1,122,610 274,608 236,753 37,856 13.8%
Planning 2,716,214 846,345 2,815,148 906,510 3,473,927 1,100,866 981,781 119,086 10.8%
Finance 3,046,824 858,782 3,132,609 856,650 3,628,725 1,007,347 910,304 97,043 9.6%
City Clerk 914,251 313,676 1,119,376 459,577 1,250,565 475,507 572,896 (97,389) -20.5%
Human Resources 1,193,016 395,008 1,221,841 395,728 1,370,877 448,888 416,778 32,110 7.2%
Police 28,891,879 9,300,837 30,987,047 9,814,686 32,949,811 10,518,773 10,504,510 14,263 0.1%
Jail Services 4,704,978 1,568,043 4,807,443 1,602,049 5,968,750 1,989,477 1,989,477 - 0.0%
Fire*25,349,755 9,459,683 - - - - - - 0.0%
Community Services Admin 585,983 196,697 554,951 168,961 523,015 167,621 173,564 (5,942) -3.5%
Parks 4,454,903 1,303,723 4,824,028 1,377,133 5,226,767 1,526,194 1,431,793 94,401 6.2%
Parks Planning & Natural Resources 952,980 211,159 1,059,058 289,729 1,266,373 315,258 290,483 24,775 7.9%
Recreation 5,197,513 1,497,658 5,403,127 1,560,463 5,917,589 1,852,469 1,606,160 246,309 13.3%
Human Services 1,241,169 395,807 1,634,387 333,897 1,311,570 332,825 339,032 (6,207) -1.9%
Neighborhoods, Resources, & Events 754,487 232,434 852,077 227,256 578,962 2,048 176,719 (174,671) -8527.3%
Museum 229,543 73,438 235,712 79,223 241,246 79,159 81,439 (2,280) -2.9%
Public Works Admin 398,796 133,872 406,781 135,878 417,024 139,642 140,203 (561) -0.4%
Street Maintenance 5,041,509 1,676,774 5,603,141 1,913,150 5,587,710 1,884,464 1,808,825 75,639 4.0%
Transportation 5,966,281 1,593,069 5,368,887 1,531,026 5,791,047 1,596,075 1,829,389 (233,314) -14.6%
Debt Service 6,099,166 295,075 6,063,576 293,691 5,703,244 290,010 290,010 - 0.0%
Non-Departmental and Other 9,883,923 1,156,445 14,245,763 1,072,621 3,720,864 1,028,809 1,028,809 - 0.0%
Total Operating Expenditures 119,215,504 35,281,644 102,809,093 27,006,711 98,302,133 29,062,131 28,695,484 366,647 1.3%
Total Ending Fund Balance 26,563,785$ 25,145,976$ 33,284,838$ 38,787,617$ 22,825,573$ 24,928,558$ 46,498,479$ 21,569,921$ 86.5%
*Emergency Management was moved to Executive due to formation of RRFA
Summary of Sources and Uses Annual Actual YTD Actual Favorable (Unfavorable)
2016 2017 2018 Variance
Annual Actual YTD Actual Annual Budget YTD Budget YTD Actual
Monthly Financial Report April 2018
Preliminary
Monthly Financial Report April 2018
Page | 2
Preliminary as of 06/22/2018
OVERVIEW
This financial overview reflects the City’s overall financial position for the fiscal year through April 30, 2018. 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 80% of
all resources supporting general governmental activities. The following section provides detail information on property,
sales, utility, and other taxes.
Property Tax
April’s collection is $6.9M. The
negative amount for January is due to
the timing of recording January’s
receipts in February. February’s
activity corrected the negative
January balance. The total year-to-
date collection of $7.7M is $521K or
6% less than the prior year, but is
$2.1M or 37% more than the year-to-
date budget. The total property tax
levy is $5 million less in 2018, which is
why the year-to-year comparison
skews low.
Sales Tax
April 2018 sales tax receipts totaled
$2.0M. Compared with the same
month last year, it is $138K or 7%
more. Compared to the projected
current month’s budget, it is $53K or
3% above. The year‐to‐date
collection of $9.2M is $783K or 9%
more than the prior year and is also
$626K or 7% more than budgeted.
New Construction and Service are the
sectors generating and collecting
more than anticipated. 2018’s
monthly budgets are generally based
on 2013 through 2017 collections.
2017 2018 2018
Actual Budget Actual $%$%
Jan 55,429$ 31,649$ (12,745)$ (68,174)$ -123%(44,394)$ -140%
Feb 195,332 161,273 106,364 (88,967) -46%(54,909) -34%
Mar 902,965 687,696 665,471 (237,493) -26%(22,225) -3%
Apr 7,035,332 4,704,879 6,908,633 (126,700) -2%2,203,754 47%
May 4,489,476 4,548,312
Jun 128,834 84,239
Jul 69,600 40,053
Aug 101,349 108,016
Sep 442,694 316,388
Oct 4,057,893 3,251,619
Nov 6,733,813 5,371,847
Dec 143,844 91,336
YTD Total 8,189,058$ 5,585,498$ 7,667,724$ (521,334)$ -6%2,082,226$ 37%
Annual Total 24,356,562$ 19,397,308$
Property Tax Revenues
Year to Date through April
2018 vs. 2017 2018 vs. Budget
Month
2017 2018 2018
Actual Budget Actual $%$%
Jan 2,092,821$ 2,096,932$ 2,217,949$ 125,128$ 6%121,017$ 6%
Feb 2,473,715 2,495,067 2,839,044 365,329 15%343,977 14%
Mar 1,945,278 1,990,954 2,099,180 153,902 8%108,226 5%
Apr 1,871,345 1,956,740 2,009,648 138,303 7%52,908 3%
May 2,381,981 2,327,614 -
Jun 2,075,555 2,050,822 -
Jul 2,236,477 2,140,543 -
Aug 2,421,720 2,378,153 -
Sep 2,162,766 2,236,561 -
Oct 2,273,788 2,332,820 -
Nov 2,347,924 2,426,685 -
Dec 2,048,264 2,250,548 -
YTD Total 8,383,159$ 8,539,693$ 9,165,821$ 782,662$ 9%626,128$ 7%
Annual Total 26,331,634$ 26,683,440$
2018 vs. Budget2018 vs. 2017
Month
Year to Date through April
Local Retail Sales Tax Revenues
Monthly Financial Report April 2018
Page | 3
Preliminary as of 06/22/2018
The following table breaks out the City’s base sales tax (excluding Criminal Justice and Annexation Credit) by major business
sectors:
Utility tax
April utility tax revenues are
$1.5M, which is $334K or 19%
lower than the same month last
year and is also lower than the
budget by $30K or 2%. The year‐
to‐date collection is $6.1M,
which is $2K or .03% higher than
the prior year but is $427K or 8%
higher than the budget. The
large January variance with the
budget is due to the timing of
when 2018 Cell/Phone/Garbage
taxes were recorded. The
monthly budgets are based on
2016/2017 activity.
The table below breaks out Utility Tax by source. As mentioned last month, the large variance with electrical and natural
gas was due to an error in recording these revenues and has corrected itself in April.
Sales Tax by Sector 2017 2018 Bgt YTD Act Change 2018/2017 2018 Act vs Bgt
New Construction 1,346,295$ 1,123,628$ 1,382,591$ 36,297$ 3% $ 258,963 23%
Auto Sales 1,548,693 1,561,295 1,644,222 95,529 6% 82,927 5%
General Retail 2,498,163 2,629,310 2,614,442 116,280 5% (14,867)-1%
Manufacturing 509,261 655,634 624,356 115,096 23% (31,278)-5%
Wholesale 454,437 428,515 465,368 10,931 2% 36,853 9%
Service 1,812,097 1,916,639 2,222,537 410,440 23% 305,898 16%
Other 214,214 224,672 212,304 (1,910) -1% (12,368)-6%
YTD Total 8,383,159$ 8,539,693$ 9,165,821$ 782,662$ 9%626,128$ 7%
Note: Excludes Annexation Credit and Criminal Justice Sales Tax revenue.
2017 2018 2018
Actual Budget Actual $%$%
Jan 1,698,721$ 1,472,870$ 1,395,386$ (303,335)$ -18%(77,484)$ -5%
Feb 1,360,589 1,413,168 1,617,972 257,383 19%204,804 14%
Mar 1,197,548 1,249,534 1,579,191 381,643 32%329,657 26%
Apr 1,797,449 1,493,002 1,463,336 (334,113) -19%(29,665) -2%
May 1,464,438 1,341,860
Jun 1,351,607 1,173,122
Jul 1,538,390 1,342,347
Aug 1,185,237 1,155,083
Sep 1,261,199 1,224,457
Oct 1,428,438 1,322,247
Nov 1,267,897 1,143,031
Dec 1,447,690 1,333,404
YTD Total 6,054,307$ 5,628,573$ 6,055,885$ 1,578$ 0%427,313$ 8%
Annual Total 16,999,203$ 15,664,124$
2018 vs. Budget2018 vs. 2017
Year to Date through April
Utility Tax Revenues
Month
Utility Tax by Type 2017 2018 Bgt YTD Act Change 2018/2017 2018 Act vs Bgt
Electrical 2,181,459$ 2,102,495$ 2,166,727$ (14,732)$ -1% $ 64,231 3%
Natural Gas 962,543 825,684 847,827 (114,716) -12% 22,143 3%
Cell 478,838 513,801 449,662 (29,176) -6% (64,139)-12%
Phone 330,485 266,125 246,769 (83,716) -25% (19,356)-7%
Cable 522,713 523,704 491,726 (30,987) -6% (31,977)-6%
Garbage/Solid Waste 189,280 204,660 229,133 39,853 21% 24,473 12%
City Utilities 1,388,990 1,192,103 1,624,041 235,051 17% 431,937 36%
Utility Tax Audit - - - - N/A - N/A
YTD Total 6,054,307$ 5,628,573$ 6,055,885$ 1,578$ 0%427,313$ 8%
Annual Total 16,999,203$ 15,664,124$
YTD as % of 36%36%
Monthly Financial Report April 2018
Page | 4
Preliminary as of 06/22/2018
Other Taxes
Real Estate Excise Tax
The City collected $406K in Real
Estate Excise Tax revenues (REET)
for April. This is $20K or 5% more
than the same month last year
and is $139K or 52% more than
the current month’s budget. The
year‐to-date collection is $1.9M,
which is $557K or 23% less than
the prior year but is $248K or
15% above the budget. The
higher than expected variance is
due to 10 large transactions in
December and January which
accounts for $708K of the total
REET collected.
Gambling Tax
April’s Gambling Tax collections
totaled $276K, which is $56K or
26% above the same month last
year and is also above the current
month’s budget by $115K or 72%.
The year‐to‐date total of $987K is
$166K or 20% above the prior
year and is also $367K or 59%
above budget.
Franchise Fees
Franchise Fees are due quarterly
in January, April, July, and
October. The year-to-date total
of $441K is $324K lower than the
prior year because the franchise
payment due in April was not
received/recorded until early
May. However, after adjusting
for the receipt of that payment
for $325K in May, the franchise
fees are right in line with prior
year amounts. After adjusting
for the payment, franchise fees
are $107K or 16% higher than
budgeted.
2017 2018 2018
Actual Budget Actual $%$%
Jan 220,536$ 157,924$ 210,929$ (9,607)$ -4%53,004$ 34%
Feb 200,622 157,269 255,285 54,663 27%98,016 62%
Mar 180,839 144,763 245,283 64,444 36%100,520 69%
Apr 219,422 160,397 275,795 56,373 26%115,399 72%
May 248,673 172,020 -
Jun 232,889 160,867 -
Jul 230,342 163,457 -
Aug 216,990 207,784 -
Sep 205,141 156,872 -
Oct 215,122 176,050 -
Nov 259,744 170,551 -
Dec 265,048 172,045 -
YTD Total 821,419$ 620,353$ 987,292$ 165,874$ 20%366,939$ 59%
Annual Total 2,695,368$ 2,000,000$
Gambling Tax Revenue
Month
Year to Date through April
2018 vs. Budget2018 vs. 2017
2017 2018 2018
Actual Budget Actual $%$%
Jan 380,870$ 326,648$ 371,458$ (9,411)$ -2%44,810$ 14%
Feb 6,300 2,823 16,600 10,300 163%13,777 488%
Mar 9,100 4,078 15,792 6,692 74%11,714 287%
Apr 369,626 324,886 37,420 (332,207) -90%(287,467) -88%
May 7,688 3,445 -
Jun 21,325 9,555 -
Jul 342,363 307,508 -
Aug 7,700 3,450 -
Sep 8,750 6,161 -
Oct 375,128 324,373 -
Nov 10,500 4,705 -
Dec 22,750 12,367 -
YTD Total 765,896$ 658,435$ 441,270$ (324,626)$ -42%(217,165)$ -33%
Annual Total 1,562,100$ 1,330,000$
Month
2018 vs. 2017 2018 vs. Budget
Franchise Fees Revenue
Year to Date through April
2017 2018 2018
Actual Budget Actual $%$%
Jan 1,028,456$ 786,056$ 840,316$ (188,139)$ -18%54,260$ 7%
Feb 337,024 210,018 366,011 28,987 9%155,993 74%
Mar 708,868 391,942 291,045 (417,824) -59%(100,897) -26%
Apr 385,517 266,812 405,746 20,230 5%138,934 52%
May 386,087 300,651
Jun 747,549 458,002
Jul 591,137 440,175
Aug 672,396 507,194
Sep 633,804 431,443
Oct 359,891 308,343
Nov 775,249 398,534
Dec 585,757 (79,171)
YTD Total 2,459,865$ 1,654,828$ 1,903,118$ (556,747)$ -23%248,290$ 15%
Annual Total 7,211,736$ 4,420,000$
*Total REET (GF & CIP)
Real Estate Excise Tax (REET) Revenues*
Year to Date through April
Month
2018 vs. Budget2018 vs. 2017
Monthly Financial Report April 2018
Page | 5
Preliminary as of 06/22/2018
Admission Tax
Admission Tax returns are due
quarterly in January, April, July,
and October of each year.
January 2018 collections
represent activities conducted
during the 4th quarter of 2017.
The year-to-date collection of
$113K is $9K or 8% less than the
prior year and is also $61K or 35%
less than the budget.
Business & Occupation Tax
Businesses with gross receipts of
$500K or more per year, earned
within the City of Renton, are now
required to file and pay Business
and Occupation (B&O) tax, in lieu
of the Business License
registration fee. Year-to-date
receipts totaled $7.8M. This is
$4.4 million or 127% over the
budgeted amount due to the fact
that Boeing hit the maximum
threshold and had a significant
payment as a result. As a result,
this should flatten out in future
months.
Licenses and Permits
Business Licenses
Business Licenses totaled $35K for
April, which is $123K or 78% below
the same month last year and is
$111K or 76% below the current
month’s budget. The variance with
the budget and prior year is due to
two thing: 1) the City adopting
Ordinance 5866 which changed the
reporting period from quarterly to
annually with a due date of January,
and 2) removing the per employee
tax. The reduction in revenue
collected from the per employee tax
is offset by the increase in B&O
(above). The City projects a decrease
in overall Business Licenses.
2017 2018 2018
Actual Budget Actual $%$%
Jan 60,741$ 90,356$ 56,598$ (4,143)$ -7%(33,759)$ -37%
Feb 2,788 2,733 1,473 (1,315) -47%(1,260) -46%
Mar - - 112 112 100%112 100%
Apr 58,566 80,156 54,560 (4,006) -7%(25,597) -32%
May 1,279 842 -
Jun 785 517 -
Jul 51,061 73,680 -
Aug 1,578 1,040 -
Sep - 341 - -
Oct 1,705 39,955 -
Nov - 956 - -
Dec 44,655 29,423 -
YTD Total 122,095$ 173,246$ 112,742$ (9,352)$ -8%(60,503)$ -35%
Annual Total 223,157$ 320,000$
2018 vs. Budget
Admission Tax Revenue
Year to Date through April
Month
2018 vs. 2017
2017 2018 2018
Actual Budget Actual $%$%
Jan 432,319$ 1,527,200$ 1,301,574$ 869,256$ 201%(225,626)$ -15%
Feb 794,093 190,900 1,013,630 219,536 28%822,730 431%
Mar 13,228 190,900 48,278 35,050 265%(142,622) -75%
Apr 4,626,880 1,527,200 5,430,049 803,168 17%3,902,849 256%
May 316,791 190,900 -
Jun 23,491 190,900 -
Jul 1,139,041 1,527,200 -
Aug 399,375 190,900 -
Sep 169,792 190,900 -
Oct 981,417 1,527,200 -
Nov 320,706 190,900 -
Dec 415,901 190,900 -
YTD Total 5,866,521$ 3,436,200$ 7,793,531$ 1,927,010$ 33%4,357,331$ 127%
Annual Total 9,633,034$ 7,636,000$
*Total Business & Occupation Taxes (GF & CIP)
Business & Occupation Taxes*
Year to Date through April
Month
2018 vs. 2017 2018 vs. Budget
2017 2018 2018
Actual Budget Actual $%$%
Jan 229,270$ 277,687 574,453$ 345,183$ 151%296,767$ 107%
Feb 157,504 157,567 208,947 51,443 33%51,379 33%
Mar 53,131 33,461 41,777 (11,354) -21%8,316 25%
Apr 157,983 145,552 34,897 (123,086) -78%(110,655) -76%
May 126,086 97,341 -
Jun 36,375 27,014 -
Jul 217,718 181,851 -
Aug 124,833 95,699 -
Sep 57,640 34,647 -
Oct 187,368 160,619 -
Nov 88,975 73,242 -
Dec 43,847 27,214 -
YTD Total 597,889$ 614,267$ 860,074$ 262,185$ 44%245,807$ 40%
Annual Total 1,480,730$ 1,311,894$
*Total Business License (GF & CIP)
2018 vs. 2017
Year to Date through April
2018 vs. Budget
Business Licenses*
Month
Monthly Financial Report April 2018
Page | 6
Preliminary as of 06/22/2018
Building Permits and
Development Service Fees
Building Permits and
Development Service Fee
revenues totaled $404K in April.
The year‐to‐date revenues of
$1.6M is $142K or 10% higher
than the year before but is $251K
or 14% lower than budget. The
large budget variance in January
is due to large payments for
building permits and plan review
(Southport Developer and Group
Health) receipted in January 2016
(monthly budgets is based on
2016/2017 activity, which
accounts for almost all of the year-to-date variance.
Intergovernmental
These revenue sources
include federal (direct and
indirect) grants, state
grants, state shared
revenues, local grants, and
entitlements. State shared
revenues 96% of the total
revenues in this category.
The year-to-date total
Intergovernmental
revenue is $2.5M or 37% of
the budget.
State Shared Revenues
State Shared
Revenue collections
totaled $2.2M since
the start of the year.
Compared to the
prior year, State
Shared Revenues
are above by $212K
or 11%. Compared
to the projected
budget, the City is
collecting $257K or
13% more. The
higher than
expected collection
is due to collecting more than anticipated Criminal Justice’s Sales Tax and marijuana enforcement. This large increase was
the result of a “catch-up” payment from the state in March. In the future, the cities shared revenue distribution will be
approximately double the normal bi-monthly distribution (through June 2019).
2017 2018 2018
Actual Budget Actual $%$%
Jan 399,548$ 567,204$ 314,626$ (84,921)$ -21%(252,577)$ -45%
Feb 277,296 369,165 280,745 3,449 1%(88,420) -24%
Mar 503,290 581,137 588,527 85,237 17%7,389 1%
Apr 265,749 321,507 403,892 138,143 52%82,385 26%
May 558,773 499,771
Jun 611,441 560,415
Jul 264,515 388,411
Aug 433,043 444,085
Sep 445,562 441,521
Oct 338,298 436,655
Nov 479,017 414,816
Dec 331,450 427,013
YTD Total 1,445,882$ 1,839,013$ 1,587,790$ 141,907$ 10%(251,223)$ -14%
Annual Total 4,907,983$ 5,451,699$
Year to Date through April
2018 vs. Budget2018 vs. 2017
Month
Building Permits and Development Service Fees
Intergovernmental 2017 2018 Bgt YTD Act Change 2018/2017 2018 Act vs Bgt
Fire District #25 -$ -$ -$ -$ N/A $ - N/A
Fire District #40 170,969 178,830 178,830 7,861 5%- 0%
State Shared Revenue 2,015,134 1,970,557 2,227,204 212,070 11%256,648 13%
Federal Grants 12,509 31,410 497 (12,012) -96%(30,912) -98%
State Grants 22,246 29,422 15,271 (6,976) -31%(14,151) -48%
Other Grants/Intgovt 92,242 91,963 88,707 (3,535) -4%(3,256) -4%
ARRA Grants - - - - N/A - N/A
Total Rev YTD 2,313,101$ 2,302,181$ 2,510,510$ 197,409$ 9%208,329$ 9%
Total Rev Annual 7,436,309$ 6,875,678$
YTD %31%33%37%
Note: Includes CJ Sales Tax and FD25 & FD40 contracts
2017 2018 2018
Actual Budget Actual $%$%
Crim Just Sales Tax 889,786$ 882,774$ 961,428$ 71,642$ 8%78,654$ 9%
Judicial Contribution - - 5,517 5,517 100%5,517 100%
Crim Just - High Crime 135,448 133,119 136,534 1,086 1%3,414 3%
Crim Just - Pop 14,011 12,079 14,555 544 4%2,476 20%
Crim Just - Spec Prog 50,973 44,910 52,729 1,756 3%7,819 17%
State DUI 7,725 8,798 7,592 (133) -2%(1,207) -14%
Marijuana Enforcement 11,885 - 110,795 98,910 832%110,795 100%
Liquor Profits 213,888 212,791 212,768 (1,120) -1%(24) 0%
Liquor Excise Tax 247,760 230,904 259,876 12,116 5%28,972 13%
Fuel Tax 443,659 445,180 465,411 21,752 5%20,231 5%
YTD Total 2,015,134$ 1,970,557$ 2,227,204$ 212,070$ 11%256,648$ 13%
Annual Total 6,145,527$ 5,942,169$
State Shared Revenues
2018 vs. 2017
Revenue
Year to Date through April
2018 vs. Budget
Monthly Financial Report April 2018
Page | 7
Preliminary as of 06/22/2018
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
62% of the total revenue in this category. The year-to-date total charges for services are $2.8M or 31% of the budget. The
following sections provide detail information for Public Safety, Recreation, and Interfund Services.
Public Safety Services
Public Safety Services totaled $427K
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 $84K or 24% more.
Compared to the year-to-date
budget, the City is over budget by
$206K or 93%. The variance with the
prior year is due to collecting large
reimbursements for the School
Resource Officer program.
Recreation
Recreation revenues totaled $70K for
the current month. Compared to the
same month the prior year, the City
collected $4K or 6% less. Compared
to the projected monthly budget, the
City collected $27K or 28% less. The
year‐to‐date collection of $316K is
15K or 5% less that this point last year
and 59K or 16% lower than the year‐
to‐date budget.
2017 2018 2018
Actual Budget Actual $%$%
Jan 64,424$ 57,002$ 224,932$ 160,509$ 249%167,930$ 295%
Feb 68,705 56,753 60,888 (7,817) -11%4,136 7%
Mar 148,707 69,703 82,789 (65,918) -44%13,086 19%
Apr 61,399 37,896 58,572 (2,827) -5%20,676 55%
May 63,815 37,767 -
Jun 43,374 75,004 -
Jul 59,850 31,948 -
Aug 58,114 34,576 -
Sep 53,908 40,957 -
Oct 52,056 71,643 -
Nov 77,748 49,060 -
Dec 85,628 55,327 -
YTD Total 343,235$ 221,354$ 427,181$ 83,947$ 24%205,828$ 93%
Annual Total 837,728$ 617,635$
2018 vs. Budget
Month
2018 vs. 2017
Year to Date through April
Public Safety Services
2017 2018 2018
Actual Budget Actual $%$%
Jan 152,350$ 165,445$ 138,388$ (13,962)$ -9%(27,057)$ -16%
Feb 38,452 45,248 51,694 13,243 34%6,446 14%
Mar 65,420 65,959 55,300 (10,121) -15%(10,660) -16%
Apr 74,806 98,092 70,321 (4,486) -6%(27,771) -28%
May 84,381 81,970 -
Jun 153,304 205,712 -
Jul 482,458 422,598 -
Aug 382,296 383,056 -
Sep 135,476 127,239 -
Oct 49,113 49,623 -
Nov 58,320 66,278 -
Dec 45,946 44,704 -
YTD Total 331,028$ 374,744$ 315,703$ (15,326)$ -5%(59,042)$ -16%
Annual Total 1,722,323$ 1,755,923$
2018 vs. Budget2018 vs. 2017
Month
Recreation
Year to Date through April
Monthly Financial Report April 2018
Page | 8
Preliminary as of 06/22/2018
Interfund Services
The year-to-date collections for
Interfund Services revenues are
$1.4M. Compared to the prior
year, the revenues are over by
$38K or 3%. Compared to the
projected budget, the revenues
are below by $56K or 4%. 2018’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 $679K.
This is $9K or 1% higher than a
year ago but is $352K or 30%
lower than the budget.
2017 2018 2018
Actual Budget Actual $%$%
Jan 330,774$ 363,424$ 341,804$ 11,030$ 3%(21,619)$ -6%
Feb 319,851 363,424 344,339 24,488 8%(19,084) -5%
Mar 377,192 363,424 378,470 1,278 0%15,046 4%
Apr 332,180 363,424 332,894 714 0%(30,530) -8%
May 332,543 363,424 -
Jun 322,435 363,424 -
Jul 314,856 363,424 -
Aug 295,921 363,424 -
Sep 350,908 363,424 -
Oct 321,038 363,424 -
Nov 316,488 363,424 -
Dec 302,147 363,424 -
YTD Total 1,359,997$ 1,453,695$ 1,397,508$ 37,511$ 3%(56,187)$ -4%
Annual Total 3,916,334$ 4,361,086$
2018 vs. Budget
Month
Interfund Services
Year to Date through April
2018 vs. 2017
2017 2018 2018
Actual Budget Actual $%$%
Jan 134,957$ 202,466$ 141,625$ 6,668$ 5%(60,841)$ -30%
Feb 217,056 304,761 224,814 7,759 4%(79,947) -26%
Mar 212,186 326,326 312,111 99,925 47%(14,214) -4%
Apr 242,816 334,935 137,934 (104,882) -43%(197,001) -59%
May 229,877 307,640
Jun 302,666 394,406
Jul 247,260 323,718
Aug 298,685 368,664
Sep 220,425 286,907
Oct 274,245 357,604
Nov 240,739 355,833
Dec 325,938 417,895
YTD Total 807,015$ 1,168,487$ 816,484$ 9,469$ 1%(352,003)$ -30%
Annual Total 2,946,849$ 3,981,154$
2018 vs. Budget2018 vs. 2017
Year to Date through April
Fines and Penalties by Month
Month
Year to Date through April
2017 2018 2018
Actual Budget Actual $%$%
Civil Penalties 797$ 1,628$ 409$ (388)$ -49%(1,219)$ -75%
Civil Infraction Penalties 90,902 87,837 93,252 2,350 3%5,415 6%
Civil Parking Infraction Penalties 47,379 60,709 46,426 (953) -2%(14,282) -24%
Photo Enforcement Program 586,966 955,845 593,336 6,370 1%(362,509) -38%
Criminal Traffic Misdemeanor Fines 20,439 18,755 19,655 (784) -4%899 5%
Criminal Non-Traffic Fines 21,585 14,087 28,520 6,935 32%14,434 102%
Criminal Costs 24,539 25,014 25,745 1,206 5%731 3%
Non-Court Fines, Forfeitures and Penalties 14,408 4,612 9,141 (5,267) -37%4,528 98%
YTD Total 807,015$ 1,168,487$ 816,484$ 9,469$ 1%(352,003)$ -30%
Annual Total 2,946,849$ 3,981,154$
Revenue
2018 vs. Budget
Fines and Penalties by Type
2018 vs. 2017
Monthly Financial Report April 2018
Page | 9
Preliminary as of 06/22/2018
Included in the Fines and Penalties
revenue budget is $2M 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 $593K.
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
$329K for personnel costs. The
total costs for the program equates to $1.5M which is represented in the table. Due to the timing of when the invoice was
received, January 2018’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 $744K.
Compared to last year, the
revenues are below by $109K
or 13%. Compared to the
projected year-to-date
budget, the revenues are
over by $193K or 35%. The
large variance with the prior
year is due to collecting more
than anticipated Seizure Funds in 2017. Seizure Funds are restricted to drug enforcement only and are not available for
general operating purposes.
Favorable
18 Budget 18 Actual 18 Budget 18 Actual (Unfavorable)1
Jan 200,059$ 136,853$ 121,775$ 27,432$ 109,421$
Feb 245,606 154,588 121,775 95,186 59,402
Mar 255,819 179,033 121,775 95,195 83,838
Apr 254,361 122,862 121,775 95,195 27,667
May 245,760 - 121,775 - -
Jun 320,341 - 121,775 - -
Jul 253,555 - 121,775 - -
Aug 292,777 - 121,775 - -
Sep 214,081 - 121,775 - -
Oct 293,253 - 121,775 - -
Nov 285,573 - 121,775 - -
Dec 289,886 - 121,775 - -
YTD Total 955,845$ 593,336$ 487,099$ 313,009$ 280,327$
Annual Total 3,151,072$ 1,461,297$
1Actuals of Revenues and Expenses
ExpensesRevenues
Photo Enforcement Program
Year to Date through April
Month
2017 2018 2018
Actual Budget Actual $%$%
Jan 363,997$ 226,336$ 262,690$ (101,308)$ -28%36,354$ 16%
Feb 148,988 104,377 150,608 1,620 1%46,231 44%
Mar 150,954 106,591 178,170 27,216 18%71,579 67%
Apr 188,887 113,950 152,700 (36,186) -19%38,751 34%
May 152,678 116,937
Jun 179,152 142,288
Jul 193,718 157,194
Aug 198,576 161,026
Sep 151,310 124,685
Oct 156,212 117,382
Nov 125,698 95,292
Dec 468,107 358,060
YTD Total 852,826$ 551,253$ 744,168$ (108,658)$ -13%192,915$ 35%
Annual Total 2,478,278$ 1,824,117$
Year to Date through April
Month
2018 vs. Budget2018 vs. 2017
Miscellaneous Revenues by Month
2017 2018 2018
Actual Budget Actual $%$%
Interests and Other Earnings 263,157$ 192,987$ 328,350$ 65,193$ 25%135,363$ 70%
Rents, Leases, and Concessions 238,174 225,746 255,395 17,221 7%29,649 13%
Contributions/Donations from Private Sources 59,567 25,725 49,265 (10,302) -17%23,539 92%
Other 145,289 106,795 94,426 (50,863) -35%(12,369) -12%
Seizure Funds - Federal/State/Local 146,640 - 16,733 (129,907) -89%16,733 100%
YTD Total 852,826$ 551,253$ 744,168$ (108,658)$ -13%192,915$ 35%
Annual Total 2,478,278$ 1,824,117$
2018 vs. Budget
Miscellaneous Revenues by Type
Year to Date through April
Revenue
2018 vs. 2017
Monthly Financial Report April 2018
Page | 10
Preliminary as of 06/22/2018
EXPENSES
Overall, the City has expended 29.2% of its budgeted general governmental expenditures at the end of April. This is $367K
or 1.3% below year-to-date budgeted expenditures. See below for summary of unfavorable items for general governmental
departments.
City Clerk is over the year‐to‐date budget by $97K or 20.5%. This is due to over spending on voter registration ($88K), election
costs ($15K), and salaries ($3K). We will monitor this to determine if a budget adjustment is needed at year-end.
Court Services department is over the year-to-date budget by $15K or 2.1%. This is due to over spending on contracted
services ($9K), other attorney fees ($4K), witness fees ($2K), and security ($4K). We will monitor this to determine if a budget
adjustment is needed at year-end.
Transportation, Executive department, Community and Economic Development, and Human Services are all reflecting a
negative variance on their respective expenditures; however, after taking a deeper dive into the specific costs associated with
these variances, these are primarily related to timing differences that are skewing the variance calculation.
Monthly Financial Report April 2018
Page | 11
Preliminary as of 06/22/2018
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 - - - - 30,600 20,100 -
Grants / intergovernmental 52,887 - 83,779 - - 631,343 -
Charges for services 87,420 403,488 5,060,166 4,835,351 3,490,478 4,048,365 5,442,278
Interdepartmental services - - - - - - -
Fines and penalties 275 - - - - - -
Rents, leases, and misc fees 861,380 75,618 - 93,087 - - -
Interest and other misc 12,879 1,530 10,098 554,613 669,520 247,498 20,257
TOTAL REVENUES 1,014,841 480,636 5,154,043 5,483,051 4,190,598 4,947,306 5,462,535
EXPENSES:
Utility billing - - 13,862 57,164 47,433 74,138 -
Utility systems - - 5,113,886 1,282,371 1,110,041 1,136,731 -
Utility maintenance - - 110,817 1,827,198 738,886 1,024,724 5,480,137
Transportation 594,609 - - - - - -
Golf - 645,847 - - - - -
TOTAL EXPENSES 594,609 645,847 5,238,565 3,166,733 1,896,360 2,235,593 5,480,137
AMOUNT AVAILABLE FOR DEBT
SERVICE 420,232 (165,211) (84,522) 2,316,318 2,294,238 2,711,713 (17,602)
DEBT SERVICE:
Principal - - - - - - -
Interest - - - 1,602 900 174,061 -
TOTAL DEBT SERVICE - - - 1,602 900 174,061 -
CAPITAL PROJECTS 17,164 - - 607,921 904,965 677,291 -
TRANSFERS IN/(OUT)- - - (846) - (993) -
CHANGE IN FUND BALANCE 403,068 (165,211) (84,522) 1,705,949 1,388,373 1,859,368 (17,602)
BEGINNING FUND BALANCE, Jan 1 3,459,189 5,267 3,000,312 33,913,567 17,410,002 13,934,705 5,089,769
ENDING FUND BALANCE, Apr 30 3,862,257 (159,944) 2,915,790 35,619,516 18,798,375 15,794,073 5,072,167
Monthly Financial Report April 2018
Page | 12
Preliminary as of 06/22/2018
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 - 86,135 - - - - -
Grants / intergovernmental - - - - - - 45,754
Charges for services
Equipment rental m&o 723,005 1,442,848 - - - - -
Print and mail - - - 148,174 - - -
Communications - - - 225,269 - - -
Facilities - - 1,358,019 - - - -
Data cards and cell phones - - - - - - -
IT service contracts - - - - - - -
Interest and other misc 24,474 12,693 5,720 2,194 61,415 16,668 42,304
Internal service fund misc:
Vehicle / equipment capital recovery 694,077 70,277 - - - - -
Insurance premiums - - - - 576,556 - -
Worker's comp/unemployment - - - - 437,881 - -
Benefit premiums - - - - - 3,099,698 874,892
Other misc 142 - - - - 307,944 -
Interfund Loan - - - - - - -
Capital contributions - - - - - - -
Disposal of capital assets - - - - - - -
Insurance recoveries - - - - 236,734 - -
TOTAL REVENUES 1,441,698 1,611,953 1,363,738 375,637 1,312,586 3,424,310 962,950
EXPENSES:
Communications 214,841
Equipment rental 769,566
Facilities 1,435,787
Healthcare 3,056,720
Information technology 1,730,287
Print and mail 142,183
Retiree healthcare 231,632
Risk management:
Risk management 890,727
Unemployment 33,529
Worker's compensation 416,130
TOTAL EXPENSES 769,566 1,730,287 1,435,787 357,024 1,340,386 3,056,720 231,632
AMOUNT AVAILABLE FOR CAPITAL 672,132 (118,334) (72,049) 18,613 (27,800) 367,590 731,318
CAPITAL PROJECTS 836,260 194,035 32,028 - - - -
TRANSFERS IN - 20,763 2,456 - - - -
TRANSFERS (OUT)- - - - - - -
CHANGE IN FUND BALANCE (164,128) (291,606) (101,621) 18,613 (27,800) 367,590 731,318
BEGINNING FUND BALANCE, Jan 1 6,882,620 3,737,060 1,530,747 608,145 17,731,130 4,617,488 11,887,344
ENDING FUND BALANCE, Apr 30 6,718,492 3,445,454 1,429,126 626,758 17,703,330 4,985,078 12,618,662
Monthly Financial Report April 2018
Page | 13
Preliminary as of 06/22/2018
FUND BALANCE
Page 14 shows the ending fund balance as of April 2018. 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 April, the City has $46.5M reported in the combined general governmental fund balance of the current year’s
operating budget, which is approximately 47.3% of budgeted operating expenditures. This is an increase of $13.2M from the
year’s beginning balance. April’s ending fund balance is over the anticipated General Governmental Fund Balance of $25M
by $21.5M or 86.5%. Although the ending fund balance is above projections, it is consistent with the prior years’ trends. At
this time last year, the fund balance was only 24.2% above the projected year-to-date budget, however, the increase in fund
balance for the month of April compared to this time last year is very similar ($13.2M for 2018 vs $12.2M for 2017).
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 mgordon@rentonwa.gov or JDThomas@Rentonwa.gov.
Monthly Financial Report April 2018
Page | 14
Preliminary as of 06/22/2018
City of Renton
All Funds - Revenue, Expenditures and Fund Balances
Cash Basis through April 30, 2018
Funds
Balance
01/01/2018
Budgeted
Revenue
Revenue
04/30/18
Total Funds
Available
Budgeted
Expenditure
Expenditure
04/30/18 Ending Balance
GENERAL GOVERNMENT FUNDS:33,284,838 100,191,383 41,909,125 75,193,963 98,302,133 28,695,484 46,498,479
000 General 22,708,066 69,157,742 32,609,281 55,317,347 67,041,323 20,947,376 34,369,972
001 Community Services 4,840,993 13,425,796 4,261,710 9,102,703 13,443,212 3,660,252 5,442,451
003 Street 3,143,904 11,288,240 3,497,697 6,641,601 11,378,757 3,638,214 3,003,387
004 Community Dev Block Grant 54,286 424,857 - 54,286 424,857 59,727 (5,441)
005 Museum 70,992 239,129 59,918 130,910 241,246 81,439 49,471
009 Farmers Market 105,323 59,400 3,991 109,314 69,494 18,467 90,847
201 Ltd GO Bonds Gen Govt Debt 863,732 - 2,995 866,727 - 127 866,601
215 Gen Govt Misc Debt Service 1,497,542 5,596,219 1,473,532 2,971,074 5,703,244 289,883 2,681,191
SPECIAL REVENUE FUNDS:2,093,053 1,950,224 780,169 2,873,222 1,892,764 283,747 2,589,475
102 Arterial Street 108,438 670,000 219,698 328,136 670,000 - 328,136
108 Leased City Properties 611,055 902,550 381,592 992,647 845,090 216,873 775,774
110 Hotel Motel 461,434 265,000 117,071 578,505 265,000 63,598 514,907
125 1% For Art 103,109 15,000 358 103,467 15,000 - 103,467
127 Cable Communication 472,489 97,674 60,279 532,768 97,674 3,276 529,492
135 Springbrook Wetlands Bank 336,528 - 1,171 337,699 - - 337,699
CAPITAL PROJECT FUNDS (CIP):36,295,483 9,410,400 8,385,179 44,680,662 13,039,521 3,307,740 41,372,922
303 Community Services Mitigation 1,909,355 86,500 169,757 2,079,112 - - 2,079,112
304 Fire Mitigation 936,972 99,000 433,949 1,370,921 142,975 - 1,370,921
305 Transportation Mitigation 810,962 632,400 2,026,386 2,837,348 5,000 - 2,837,348
316 Municipal Facilities CIP 19,671,696 4,627,000 4,336,439 24,008,135 8,926,046 1,784,178 22,223,957
317 Transportation CIP 5,808,539 3,965,500 1,201,644 7,010,183 3,965,500 1,490,782 5,519,401
326 Housing Opportunity 2,548,975 - 8,885 2,557,860 - - 2,557,860
336 New Library Development 451,093 - 1,545 452,638 - 12 452,626
346 New Family First Center Dvlpmnt 4,157,891 - 206,574 4,364,465 - 32,768 4,331,697
ENTERPRISE FUNDS:76,812,811 83,652,598 26,756,346 103,569,157 92,373,701 21,666,922 81,902,235
4X2 Airport Operating & CIP 3,459,189 4,531,809 1,014,841 4,474,030 4,552,790 611,772 3,862,258
403 Solid Waste Utility 3,000,312 19,505,718 5,154,043 8,154,355 19,368,508 5,238,565 2,915,790
4X4 Golf Operating & CIP 5,267 2,912,920 503,971 509,238 2,728,654 669,182 (159,944)
4X5 Water Operating & CIP 33,913,567 17,420,439 5,483,052 39,396,619 21,538,687 3,777,102 35,619,517
4X6 Waste Water Operating & CIP 17,410,002 10,076,333 4,190,598 21,600,600 12,084,986 2,802,226 18,798,374
416 King County Metro 5,089,769 17,505,693 5,462,535 10,552,304 17,505,693 5,480,137 5,072,167
4X7 Surface Water Operating & CIP 13,934,705 11,699,686 4,947,306 18,882,011 14,594,383 3,087,938 15,794,073
INTERNAL SERVICE FUNDS:46,994,534 30,283,478 10,516,092 57,510,626 31,616,210 9,983,726 47,526,900
501 Equipment Repair/Replacement 6,882,620 6,026,729 1,441,698 8,324,318 6,989,962 1,605,826 6,718,492
502 Insurance 17,731,130 3,307,514 1,312,587 19,043,717 3,315,116 1,340,387 17,703,330
503 Information Services 3,737,060 5,510,230 1,632,716 5,369,776 5,563,704 1,924,322 3,445,454
504 Facilities 1,530,747 4,887,148 1,366,194 2,896,941 4,978,288 1,467,815 1,429,126
505 Communications 608,145 1,102,300 375,637 983,782 1,096,329 357,024 626,758
512 Insurance, Healthcare 4,617,488 8,191,708 3,424,310 8,041,798 8,578,084 3,056,720 4,985,078
522 Insurance, Leoff1 Retirees HC 11,887,344 1,257,849 962,950 12,850,294 1,094,727 231,632 12,618,662
FIDUCIARY FUNDS:5,832,897 468,000 14,476 5,847,373 200,475 69,790 5,777,583
611 Firemen's Pension 5,832,897 468,000 14,476 5,847,373 200,475 69,790 5,777,583
TOTAL FUNDS 201,313,616 225,956,083 88,361,387 289,675,003 237,424,804 64,007,409 225,667,594
City of Renton
General Government Financial Position
2018 Budget Year
General Government Summary
Revenues Expenditures
$ Difference
over (under)
w/beginning
balance
33,284,838
January 8,189,596 6,868,916 1,320,680 34,605,518
February 16,348,402 14,082,847 2,265,555 35,550,393
March 23,642,627 21,729,189 1,913,438 35,198,276
April 41,909,125 28,695,484 13,213,641 46,498,479
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
9,000,000
10,000,000
11,000,000
12,000,000
13,000,000
14,000,000
15,000,000
‐
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
City of Renton
Monthly Revenue Analysis ‐ 2018 Budget Year
General
Government Budget
YTD
Actual
Annual %
over (under)
Jan 7,921,333 8,189,596 3.39%
Feb 14,451,521 16,348,402 13.13%
Mar 20,964,834 23,642,627 12.77%
Apr 33,054,366 41,909,125 26.79%
May 43,738,622
Jun 49,976,008
Jul 57,843,573
Aug 64,580,649
Sep 70,899,754
Oct 81,918,760
Nov 93,262,332
Dec 100,191,383
Percent of budget 41.83%
Property Tax Budget
YTD
Actual
Annual %
over (under)
Jan 31,649 (12,745) ‐140.27%
Feb 192,923 93,620 ‐51.47%
Mar 880,619 759,091 ‐13.80%
Apr 5,585,498 7,667,724 37.28%
May 10,133,810
Jun 10,218,049
Jul 10,258,103
Aug 10,366,119
Sep 10,682,507
Oct 13,934,125
Nov 19,305,972
Dec 19,397,308
Percent of budget 39.53%
$‐
$10
$20
$30
$40
$50
$60
$70
$80
$90
$100
$110
$120
$130
Millions
Total Revenue
General Government
Budget
Actual
Last Year
$(3)
$‐
$3
$6
$9
$12
$15
$18
$21
$24
$27
$30
$33
$36
$39
Millions Property Tax
Budget
Actual
Last Year
City of Renton
Monthly Revenue Analysis ‐ 2018 Budget Year
Sales Tax Budget
YTD
Actual
Annual %
over (under)
Jan 2,260,736 2,481,092 9.75%
Feb 4,948,626 5,657,031 14.32%
Mar 7,092,465 8,004,696 12.86%
Apr 9,200,855 10,252,667 11.43%
May 11,717,901
Jun 13,938,141
Jul 16,253,766
Aug 18,828,019
Sep 21,239,052
Oct 23,758,560
Nov 26,381,491
Dec 28,803,740
Percent of budget 35.59%
Note: Excludes CJ Sales Tax and Natural Gas Use Tax.
Utility Tax Budget
YTD
Actual
Annual %
over (under)
Jan 1,472,870 1,395,386 ‐5.26%
Feb 2,886,038 3,013,358 4.41%
Mar 4,135,571 4,592,549 11.05%
Apr 5,628,573 6,055,885 7.59%
May 6,970,433
Jun 8,143,555
Jul 9,485,903
Aug 10,640,985
Sep 11,865,442
Oct 13,187,689
Nov 14,330,720
Dec 15,664,124
Percent of budget 38.66%
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
City of Renton
Monthly Revenue Analysis ‐ 2018 Budget Year
Licenses &
Permits Budget
YTD
Actual
Annual %
over (under)
Jan 557,333 528,042 ‐5.26%
Feb 905,781 862,852 ‐4.74%
Mar 1,389,734 1,387,152 ‐0.19%
Apr 1,687,685 1,713,974 1.56%
May 2,112,005
Jun 2,486,234
Jul 2,878,222
Aug 3,285,243
Sep 3,652,920
Oct 4,043,793
Nov 4,367,374
Dec 4,636,213
Percent of budget 36.97%
Note: GF only
Intergovt'l Budget
YTD
Actual
Annual %
over (under)
Jan 595,670 601,356 0.95%
Feb 1,195,165 1,241,708 3.89%
Mar 1,755,938 1,932,260 10.04%
Apr 2,302,181 2,510,510 9.05%
May 2,669,109
Jun 3,244,829
Jul 3,781,772
Aug 4,384,302
Sep 4,978,510
Oct 5,574,976
Nov 6,004,527
Dec 6,875,678
Percent of budget 36.51%
Note: Includes CJ Sales Tax and FD25 & FD40 contracts
$‐
$1
$2
$3
$4
$5
$6
$7
$8
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
City of Renton
Monthly Revenue Analysis ‐ 2018 Budget Year
Charges for
Services Budget
YTD
Actual
Annual %
over (under)
Jan 736,093 851,592 15.69%
Feb 1,321,490 1,451,288 9.82%
Mar 1,970,833 2,138,586 8.51%
Apr 2,605,597 2,756,537 5.79%
May 3,287,512
Jun 4,174,426
Jul 5,126,226
Aug 6,077,798
Sep 6,739,843
Oct 7,381,352
Nov 8,038,314
Dec 8,780,388
Percent of budget 31.39%
Note: Excludes FD25 & FD40 contracts
Fines &
Forfeits Budget
YTD
Actual
Annual %
over (under)
Jan 202,466 141,625 ‐30.05%
Feb 507,227 366,439 ‐27.76%
Mar 833,552 678,550 ‐18.60%
Apr 1,168,487 816,484 ‐30.12%
May 1,476,127
Jun 1,870,533
Jul 2,194,251
Aug 2,562,915
Sep 2,849,822
Oct 3,207,426
Nov 3,563,259
Dec 3,981,154
Percent of budget 20.51%
$‐
$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
City of Renton
Monthly Revenue Analysis ‐ 2018 Budget Year
Other Taxes Budget
YTD
Actual
Annual %
over (under)
Jan 1,826,266 1,940,559 6.26%
Feb 2,150,560 3,235,809 50.46%
Mar 2,455,818 3,545,274 44.36%
Apr 4,311,237 9,378,175 117.53%
May 4,643,962
Jun 5,018,275
Jul 6,814,257
Aug 7,211,253
Sep 7,531,044
Oct 9,340,928
Nov 9,673,557
Dec 10,085,686
Percent of budget 92.99%
Misc Budget
YTD
Actual
Annual %
over (under)
Jan 226,336 262,690 16.06%
Feb 330,713 413,298 24.97%
Mar 437,304 591,468 35.25%
Apr 551,253 744,168 35.00%
May 668,190
Jun 810,478
Jul 967,672
Aug 1,128,698
Sep 1,253,383
Oct 1,370,765
Nov 1,466,057
Dec 1,824,117
Percent of budget 40.80%
$‐
$0.50
$1.00
$1.50
$2.00
$2.50
$3.00
Millions Miscellaneous
Budget
Actual
Last Year
$‐
$1
$2
$3
$4
$5
$6
$7
$8
$9
$10
$11
$12
$13
$14
Millions Other Taxes
Budget
Actual
Last Year
City of Renton
Monthly Revenue Analysis ‐ 2018 Budget Year
Other
Financing Budget
YTD
Actual
Annual %
over (under)
Jan 11,915 ‐ 0.00%
Feb 13,000 13,000 0.00%
Mar 13,000 13,000 0.00%
Apr 13,000 13,000 0.00%
May 59,573
Jun 71,488
Jul 83,402
Aug 95,317
Sep 107,231
Oct 119,146
Nov 131,060
Dec 142,975
Percent of budget 9.09%
REET Budget
YTD
Actual
Annual %
over (under)
Jan 786,056 840,316 6.90%
Feb 996,074 1,206,327 21.11%
Mar 1,388,016 1,497,372 7.88%
Apr 1,654,828 1,903,118 15.00%
May 1,955,479
Jun 2,413,482
Jul 2,853,657
Aug 3,360,851
Sep 3,792,293
Oct 4,100,637
Nov 4,499,171
Dec 4,420,000
Percent of budget 43.06%
$‐
$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
$7.50
$8.00
Millions
Real Estate Excise Tax
Budget
Actual
Last Year
$0
$0
$0
$0
$0
$0
$0
MillionsOther Financing Sources
Budget
Actual
Last Year
City of Renton
Monthly Revenue Analysis ‐ 2018 Budget Year
Bldg Permits &
Devlpmt Svc
Fees Budget
YTD
Actual
Annual %
over (under)
Jan 567,204 314,626 ‐44.53%
Feb 936,369 595,371 ‐36.42%
Mar 1,517,506 1,183,898 ‐21.98%
Apr 1,839,013 1,587,790 ‐13.66%
May 2,338,784
Jun 2,899,199
Jul 3,287,609
Aug 3,731,695
Sep 4,173,216
Oct 4,609,871
Nov 5,024,686
Dec 5,451,699
Percent of budget 29.12%
B & O Tax Budget
YTD
Actual
Annual %
over (under)
Jan 1,527,200 1,301,574 ‐14.77%
Feb 1,718,100 2,315,204 34.75%
Mar 1,909,000 2,363,482 23.81%
Apr 3,436,200 7,793,531 126.81%
May 3,627,100
Jun 3,818,000
Jul 5,345,200
Aug 5,536,100
Sep 5,727,000
Oct 7,254,200
Nov 7,445,100
Dec 7,636,000
Percent of budget 102.06%
$‐
$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
$7.50
$8.00
$8.50
$9.00
$9.50
$10.00
$10.50
Millions Business & Occupation Tax
Budget
Actual
Last Year
City of Renton
Monthly Expenditure Analysis ‐ 2018 Budget Year
General
Government Budget
YTD
Actual
Annual %
over (under)
Jan 7,147,662 6,868,916 ‐3.90%
Feb 14,427,959 14,082,847 ‐2.39%
Mar 21,900,039 21,729,189 ‐0.78%
Apr 29,062,131 28,695,484 ‐1.26%
May 39,100,366
Jun 46,911,320
Jul 55,628,017
Aug 63,996,635
Sep 72,428,267
Oct 80,690,500
Nov 88,557,219
Dec 98,302,133
Percent of budget expended 29.19%
Legislative Budget
YTD
Actual
Annual %
over (under)
Jan 36,796 38,187 3.78%
Feb 67,098 68,247 1.71%
Mar 102,377 98,763 ‐3.53%
Apr 133,436 131,800 ‐1.23%
May 163,576
Jun 194,460
Jul 224,009
Aug 253,784
Sep 283,711
Oct 313,912
Nov 343,921
Dec 374,666
Percent of budget expended 35.18%
$‐
$20
$40
$60
$80
$100
$120
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
City of Renton
Monthly Expenditure Analysis ‐ 2018 Budget Year
Executive Budget
YTD
Actual
Annual %
over (under)
Jan 213,846 216,805 1.38%
Feb 356,276 370,213 3.91%
Mar 517,667 545,152 5.31%
Apr 661,491 699,202 5.70%
May 815,091
Jun 982,365
Jul 1,128,324
Aug 1,301,290
Sep 1,461,900
Oct 1,621,094
Nov 1,764,444
Dec 1,977,556
Percent of budget expended 35.36%
Emergency
Management Budget
YTD
Actual
Annual %
over (under)
Jan 38,727 46,027 18.85%
Feb 81,139 92,381 13.86%
Mar 134,576 143,430 6.58%
Apr 185,443 189,109 1.98%
May 232,748
Jun 280,829
Jul 329,887
Aug 405,522
Sep 458,997
Oct 509,656
Nov 559,051
Dec 606,070
Percent of budget expended 31.20%
$‐
$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
City of Renton
Monthly Expenditure Analysis ‐ 2018 Budget Year
City Attorney Budget
YTD
Actual
Annual %
over (under)
Jan 179,986 177,424 ‐1.42%
Feb 365,070 359,168 ‐1.62%
Mar 556,653 542,881 ‐2.47%
Apr 754,725 728,768 ‐3.44%
May 942,040
Jun 1,129,239
Jul 1,318,120
Aug 1,507,141
Sep 1,698,115
Oct 1,885,878
Nov 2,072,809
Dec 2,251,312
Percent of budget expended 32.37%
Court Services Budget
YTD
Actual
Annual %
over (under)
Jan 176,384 182,051 3.21%
Feb 359,319 371,810 3.48%
Mar 546,315 561,465 2.77%
Apr 734,460 749,786 2.09%
May 920,481
Jun 1,108,912
Jul 1,293,945
Aug 1,479,202
Sep 1,674,344
Oct 1,861,659
Nov 2,050,602
Dec 2,250,644
Percent of budget expended 33.31%
$‐
$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
City of Renton
Monthly Expenditure Analysis ‐ 2018 Budget Year
CED Admin Budget
YTD
Actual
Annual %
over (under)
Jan 109,150 111,659 2.30%
Feb 218,777 223,634 2.22%
Mar 328,405 335,635 2.20%
Apr 438,243 449,552 2.58%
May 548,295
Jun 663,572
Jul 774,577
Aug 885,667
Sep 996,682
Oct 1,107,057
Nov 1,217,230
Dec 1,339,679
Percent of budget expended 33.56%
Development
Services Budget
YTD
Actual
Annual %
over (under)
Jan 264,886 239,592 ‐9.55%
Feb 557,415 474,218 ‐14.93%
Mar 839,090 704,870 ‐16.00%
Apr 1,124,291 938,343 ‐16.54%
May 1,413,022
Jun 1,709,057
Jul 2,002,344
Aug 2,298,315
Sep 2,614,096
Oct 2,912,089
Nov 3,235,237
Dec 3,451,529
Percent of budget expended 27.19%
$‐
$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
City of Renton
Monthly Expenditure Analysis ‐ 2018 Budget Year
Economic
Development Budget
YTD
Actual
Annual %
over (under)
Jan 55,791 54,919 ‐1.56%
Feb 118,706 142,952 20.43%
Mar 176,662 191,708 8.52%
Apr 274,608 236,753 ‐13.79%
May 404,414
Jun 515,396
Jul 605,115
Aug 689,812
Sep 792,413
Oct 910,947
Nov 1,002,828
Dec 1,122,610
Percent of budget expended 21.09%
Planning Budget
YTD
Actual
Annual %
over (under)
Jan 266,956 230,023 ‐13.83%
Feb 541,213 479,452 ‐11.41%
Mar 823,680 743,111 ‐9.78%
Apr 1,100,866 981,781 ‐10.82%
May 1,394,553
Jun 1,683,599
Jul 1,961,865
Aug 2,251,300
Sep 2,541,336
Oct 2,819,947
Nov 3,095,613
Dec 3,473,927
Percent of budget expended 28.26%
$‐
$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
$4.00
Millions
Planning
Budget
Actual
Last Year
City of Renton
Monthly Expenditure Analysis ‐ 2018 Budget Year
Finance Budget
YTD
Actual
Annual %
over (under)
Jan 245,302 215,045 ‐12.33%
Feb 504,770 446,774 ‐11.49%
Mar 747,503 674,895 ‐9.71%
Apr 1,007,347 910,304 ‐9.63%
May 1,267,911
Jun 1,549,875
Jul 1,829,962
Aug 2,138,964
Sep 2,392,432
Oct 2,653,584
Nov 2,907,801
Dec 3,628,725
Percent of budget expended 25.09%
City Clerk Budget
YTD
Actual
Annual %
over (under)
Jan 79,458 73,376 ‐7.65%
Feb 301,896 154,002 ‐48.99%
Mar 387,290 493,757 27.49%
Apr 475,507 572,896 20.48%
May 564,629
Jun 655,905
Jul 750,959
Aug 909,171
Sep 928,629
Oct 1,017,318
Nov 1,112,561
Dec 1,250,565
Percent of budget expended 45.81%
Includes Hearing Examiner
$‐
$0.20
$0.40
$0.60
$0.80
$1.00
$1.20
$1.40
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
$4.00
Millions Finance
Budget
Actual
Last Year
City of Renton
Monthly Expenditure Analysis ‐ 2018 Budget Year
Human
Resources Budget
YTD
Actual
Annual %
over (under)
Jan 100,796 93,068 ‐7.67%
Feb 204,801 196,272 ‐4.16%
Mar 324,936 299,021 ‐7.98%
Apr 448,888 416,778 ‐7.15%
May 558,639
Jun 668,238
Jul 780,343
Aug 900,878
Sep 1,015,333
Oct 1,137,950
Nov 1,248,675
Dec 1,370,877
Percent of budget expended 30.40%
Police Budget
YTD
Actual
Annual %
over (under)
Jan 3,244,286 3,128,806 ‐3.56%
Feb 6,148,378 6,112,773 ‐0.58%
Mar 9,555,872 9,490,170 ‐0.69%
Apr 12,508,251 12,493,987 ‐0.11%
May 15,845,284
Jun 18,835,493
Jul 22,469,382
Aug 25,517,304
Sep 28,931,676
Oct 31,961,399
Nov 35,153,006
Dec 38,918,561
Percent of budget expended 32.10%
$‐
$0.20
$0.40
$0.60
$0.80
$1.00
$1.20
$1.40
$1.60
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
City of Renton
Monthly Expenditure Analysis ‐ 2018 Budget Year
Community
Services Admin Budget
YTD
Actual
Annual %
over (under)
Jan 44,259 39,217 ‐11.39%
Feb 90,786 85,085 ‐6.28%
Mar 129,908 128,636 ‐0.98%
Apr 167,621 173,564 3.55%
May 208,993
Jun 245,893
Jul 284,078
Aug 322,361
Sep 359,818
Oct 397,782
Nov 435,311
Dec 523,015
Percent of budget expended 33.19%
Parks Budget
YTD
Actual
Annual %
over (under)
Jan 349,600 317,949 ‐9.05%
Feb 710,736 663,768 ‐6.61%
Mar 1,105,934 1,030,473 ‐6.82%
Apr 1,526,194 1,447,351 ‐5.17%
May 1,934,281
Jun 2,376,121
Jul 2,862,007
Aug 3,375,542
Sep 3,911,441
Oct 4,364,759
Nov 4,779,598
Dec 5,282,509
Percent of budget expended 27.40%
$‐
$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
City of Renton
Monthly Expenditure Analysis ‐ 2018 Budget Year
Parks Planning
and Natural
Resources Budget
YTD
Actual
Annual %
over (under)
Jan 62,879 57,925 ‐7.88%
Feb 153,203 124,297 ‐18.87%
Mar 232,682 197,223 ‐15.24%
Apr 315,258 290,483 ‐7.86%
May 421,728
Jun 538,667
Jul 638,981
Aug 770,429
Sep 889,537
Oct 990,768
Nov 1,104,739
Dec 1,266,373
Percent of budget expended 22.94%
Recreation Budget
YTD
Actual
Annual %
over (under)
Jan 420,178 462,996 10.19%
Feb 885,237 895,158 1.12%
Mar 1,363,734 1,324,227 ‐2.90%
Apr 1,852,469 1,764,350 ‐4.76%
May 2,313,201
Jun 2,823,740
Jul 3,556,013
Aug 4,320,458
Sep 4,979,652
Oct 5,463,791
Nov 5,940,571
Dec 6,433,735
Percent of budget expended 27.42%
$‐
$200,000
$400,000
$600,000
$800,000
$1,000,000
$1,200,000
$1,400,000
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
$6.50
$7.00
Millions Recreation
Budget
Actual
Last Year
City of Renton
Monthly Expenditure Analysis ‐ 2018 Budget Year
Human Services Budget
YTD
Actual
Annual %
over (under)
Jan 82,084 55,197 ‐32.76%
Feb 175,427 184,247 5.03%
Mar 239,643 243,570 1.64%
Apr 332,825 339,032 1.86%
May 451,498
Jun 507,644
Jul 624,057
Aug 735,309
Sep 792,110
Oct 950,123
Nov 1,055,851
Dec 1,311,570
Percent of budget expended 25.85%
Neighborhoods,
Resources, and
Events Budget
YTD
Actual
Annual %
over (under)
Jan 486 (68,395) ‐14173.65%
Feb 1,033 2,315 124.15%
Mar 1,577 2,444 54.95%
Apr 2,048 2,972 45.08%
May 2,574
Jun 3,088
Jul 3,857
Aug 4,546
Sep 5,141
Oct 5,725
Nov 6,229
Dec 7,074
Percent of budget expended 42.01%
$‐
$0.20
$0.40
$0.60
$0.80
$1.00
$1.20
$1.40
$1.60
$1.80
Millions Human Services
Budget
Actual
Last Year
$(200,000)
$‐
$200,000
$400,000
$600,000
$800,000
$1,000,000
$1,200,000
Neighborhoods, Resources, and Events
Budget
Actual
Last Year
City of Renton
Monthly Expenditure Analysis ‐ 2018 Budget Year
Museum Fund Budget
YTD
Actual
Annual %
over (under)
Jan 19,943 19,889 ‐0.27%
Feb 39,991 40,634 1.61%
Mar 59,393 60,984 2.68%
Apr 79,159 81,439 2.88%
May 98,532
Jun 118,175
Jul 138,557
Aug 158,827
Sep 179,495
Oct 200,268
Nov 220,924
Dec 241,246
Percent of budget expended 33.76%
Public Works
Admin Budget
YTD
Actual
Annual %
over (under)
Jan 34,486 34,521 0.10%
Feb 69,669 69,361 ‐0.44%
Mar 104,789 104,253 ‐0.51%
Apr 139,642 140,203 0.40%
May 174,360
Jun 209,285
Jul 244,157
Aug 279,239
Sep 314,679
Oct 348,881
Nov 383,025
Dec 417,024
Percent of budget expended 33.62%
$‐
$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
City of Renton
Monthly Expenditure Analysis ‐ 2018 Budget Year
Street
Maintenance Budget
YTD
Actual
Annual %
over (under)
Jan 424,687 428,817 0.97%
Feb 905,984 859,296 ‐5.15%
Mar 1,375,480 1,354,087 ‐1.56%
Apr 1,884,464 1,808,825 ‐4.01%
May 2,359,985
Jun 2,819,975
Jul 3,273,955
Aug 3,730,797
Sep 4,205,894
Oct 4,668,893
Nov 5,111,602
Dec 5,587,710
Percent of budget expended 32.37%
Transportation Budget
YTD
Actual
Annual %
over (under)
Jan 349,016 366,141 4.91%
Feb 722,719 818,473 13.25%
Mar 1,158,018 1,370,577 18.36%
Apr 1,596,075 1,829,389 14.62%
May 2,137,819
Jun 2,579,738
Jul 3,036,128
Aug 3,478,037
Sep 3,932,755
Oct 4,733,597
Nov 5,116,826
Dec 5,791,047
Percent of budget expended 31.59%
$‐
$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
City of Renton
Monthly Expenditure Analysis ‐ 2018 Budget Year
Debt Service Budget
YTD
Actual
Annual %
over (under)
Jan 37,996 37,996 0.00%
Feb 288,313 288,313 0.00%
Mar 290,010 290,010 0.00%
Apr 290,010 290,010 0.00%
May 2,376,352
Jun 2,851,622
Jul 3,326,892
Aug 3,802,163
Sep 4,277,433
Oct 4,752,703
Nov 5,227,974
Dec 5,703,244
Percent of budget expended 5.08%
Non‐
Departmental
Other City Budget
YTD
Actual
Annual %
over (under)
Jan 309,681 309,681 0.00%
Feb 560,003 560,003 0.00%
Mar 797,846 797,846 0.00%
Apr 1,028,809 1,028,809 0.00%
May 1,550,360
Jun 1,860,432
Jul 2,170,504
Aug 2,480,576
Sep 2,790,648
Oct 3,100,720
Nov 3,410,792
Dec 3,720,864
Percent of budget expended 27.65%
$‐
$2.00
$4.00
$6.00
$8.00
$10.00
$12.00
$14.00
$16.00
Millions Non‐Departmental Other City Services
Budget
Actual
Last Year
$‐
$1
$2
$3
$4
$5
$6
$7
Millions Debt Service
Budget
Actual
Last Year
City of Renton
Monthly Enterprise Fund Financial Report ‐ 2018 Budget Year
Utilities Budget Revenue Expense
Jan ‐ 4,980,942 3,338,103
Feb ‐ 11,208,449 9,275,111
Mar ‐ 19,199,517 15,056,895
Apr ‐ 25,237,476 20,384,128
May ‐
Jun ‐
Jul ‐
Aug ‐
Sep ‐
Oct ‐
Nov ‐
Dec ‐
Percent of budget expended 100.00%
Note: Operations and Capital
Airport Budget Revenue Expense
Jan ‐ 237,743 123,513
Feb ‐ 489,156 267,530
Mar ‐ 739,253 442,543
Apr ‐ 1,014,841 611,773
May ‐
Jun ‐
Jul ‐
Aug ‐
Sep ‐
Oct ‐
Nov ‐
Dec ‐
Percent of budget expended 100.00%
Note: Operations and Capital
$0
$10
$20
$30
Millions Utilities
Budget
Revenue
Expense
$‐
$0.20
$0.40
$0.60
$0.80
$1.00
$1.20
Millions Airport
Budget
Revenue
Expense
City of Renton
Monthly Enterprise Fund Financial Report ‐ 2018 Budget Year
Golf Course Budget Revenue Expense
Jan ‐ 66,977 144,831
Feb ‐ 138,056 313,308
Mar ‐ 293,466 480,261
Apr ‐ 503,971 669,183
May ‐
Jun ‐
Jul ‐
Aug ‐
Sep ‐
Oct ‐
Nov ‐
Dec ‐
Percent of budget expended 100.00%
Note: Operations and Capital
$‐
$0.30
$0.60
$0.90
Millions Golf Course
Budget
Revenue
Expense