HomeMy WebLinkAbout201308, August.pdfADMINISTRATIVE SERVICES
DEPARTMENT
M E M O R A N D U M
DATE: October 2, 2013
TO: Randy Corman, Council President
Members of the Renton City Council
CC: Denis Law, Mayor
Administrators
FROM: Hai Nguyen, Sr. Finance Analyst
SUBJECT: August 2013 Financial Status Report
At the end of August, general governmental revenues show $2.3 million or 3.8% over budget.
Revenues sources that are higher than expected are: property tax ($246k); sales tax ($1.1
million); sales tax annexation credit ($204k); real estate excise tax ($101k); building permits &
development service fees ($658k); state shared revenues ($387k); public safety services
($199k); interfund services ($178k); rents, leases, and concessions ($103k); and other
miscellaneous ($145k). On the down side, the revenue sources that are underperforming the
year to date budget are: utility taxes ($440k below); gambling taxes ($226k below) and
culture/recreation services ($113k below).
General government expenditures showed a favorable variance of $1.4 million 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
$%
Beginning Fund Balance 11,407,119$ 11,407,119$ 11,057,551$ 11,057,551$ 15,575,839$ 15,575,839$ 15,575,839$ ‐ 0.0%
OPERATING REVENUES
Property Tax 32,357,894 17,247,946 33,466,364 17,697,303 31,741,366 16,766,628 17,012,180 245,553 1.5%
Sales Tax 17,729,731 11,807,102 18,564,670 12,096,835 18,604,000 12,325,008 13,395,862 1,070,855 8.7%
Sales Tax ‐ Annexation Credit 2,033,954 1,338,857 2,208,492 1,441,634 2,119,680 1,383,660 1,587,887 204,227 14.8%
Criminal Justice Sales Tax 1,809,757 1,206,848 1,924,470 1,242,787 1,932,500 1,247,973 1,354,300 106,327 8.5%
Natural Gas Use Tax 249,407 192,218 272,530 228,398 300,000 231,210 203,203 (28,007) ‐12.1%
Admission Tax 308,200 222,088 311,054 235,808 308,000 233,493 240,300 6,807 2.9%
Franchise Fees 1,234,448 894,644 1,262,188 904,991 1,260,000 903,423 943,042 39,619 4.4%
Electricity Tax 5,166,711 3,465,315 5,211,111 3,514,842 5,468,000 3,688,111 3,478,251 (209,860) ‐5.7%
Natural Gas Utility Tax 1,848,806 1,404,522 1,669,967 1,276,914 1,656,000 1,266,234 1,146,359 (119,875) ‐9.5%
Transfer Station 297,474 168,199 330,607 202,290 300,000 183,563 266,152 82,589 45.0%
TV Cable 1,385,275 903,937 1,423,664 924,994 1,477,648 960,069 964,072 4,003 0.4%
Telephone 966,827 660,524 1,056,420 671,176 1,000,000 635,331 577,545 (57,786) ‐9.1%
Cellular Phone 2,054,183 1,412,985 2,183,853 1,484,840 2,200,000 1,495,819 1,273,172 (222,647) ‐14.9%
City Utilities 3,516,179 2,304,551 3,806,281 2,498,376 3,849,014 2,526,425 2,638,419 111,993 4.4%
Leasehold Excise Tax 162,593 122,412 158,849 92,045 145,000 84,020 94,965 10,945 13.0%
Gambling Excise Tax 1,671,414 1,142,944 1,691,209 1,110,803 1,600,000 1,050,896 825,004 (225,892) ‐21.5%
Real Estate Excise Tax 2,074,059 1,177,391 2,811,902 1,691,618 2,600,000 1,913,251 2,013,764 100,513 5.3%
Less: Municipal Facilities CIP REET (400,000) (210,248) (943,792) (334,147) (500,000) (387,276) (387,276) ‐ 0.0%
EMS Levy 868,873 510,544 885,781 442,891 900,000 458,181 458,181 ‐ 0.0%
Business License Fees 442,451 321,464 444,680 325,982 533,067 390,777 371,979 (18,797) ‐4.8%
Animal Licenses and Spec Events Permits 232,534 130,873 242,668 144,825 90,000 65,588 70,768 5,179 7.9%
Building Permits & Development Svc Fees 2,772,779 1,791,158 3,401,537 2,125,243 3,123,413 1,911,238 2,569,535 658,297 34.4%
Intergovt'l (Grants, State Shared, etc) 4,737,323 2,761,252 4,593,185 3,179,092 3,471,505 2,397,852 2,678,845 280,993 11.7%
Fire District 25 and 40 Contracts 6,110,668 3,113,598 6,155,621 3,226,625 5,865,056 3,017,987 3,017,987 ‐ 0.0%
Public Safety 484,985 330,394 485,899 317,947 380,229 248,802 447,489 198,688 79.9%
Culture and Recreation 1,493,540 1,141,328 1,494,165 1,173,982 1,618,486 1,271,663 1,158,679 (112,983) ‐8.9%
Interfund/Interdept‐Services 3,070,506 1,987,646 3,311,715 2,126,854 3,313,830 2,209,220 2,387,476 178,256 8.1%
Fines and Penalties 1,163,602 707,482 1,046,246 616,747 1,108,500 657,854 694,428 36,574 5.6%
Photo Enforcement 1,897,782 1,286,287 1,976,203 1,372,464 1,950,000 1,354,266 1,255,513 (98,753) ‐7.3%
Seizure Funds ‐ Federal/State/Local 83,220 4,431 37,941 25,614 180,693 121,985 34,567 (87,419) ‐71.7%
Interests and Other Earnings 107,183 67,572 342,424 66,355 745,300 144,425 71,048 (73,377) ‐50.8%
Rents, Leases, and Concessions 744,834 544,625 822,428 606,311 650,929 479,878 582,513 102,635 21.4%
Contributions and Donations 196,586 172,744 124,082 104,145 93,100 78,141 71,717 (6,424) ‐8.2%
Other Miscellaneous 529,147 302,562 564,571 353,563 516,369 336,871 481,842 144,972 43.0%
Other Financing Sources (Transfer‐In, etc) 1,073,507 169,086 5,118,188 145,543 254,868 7,248 20,415 13,167 181.7%
Total Operating Revenues 100,476,431 60,805,281 108,457,170 63,335,690 100,856,553 61,659,814 64,000,182 2,340,368 3.8%
OPERATING EXPENDITURES
Council 271,236 180,746 278,768 184,727 290,291 192,896 192,361 535 0.3%
Executive 1,566,906 994,268 1,377,109 892,376 1,322,364 847,425 824,425 23,000 2.7%
City Attorney 1,596,609 1,056,642 1,706,320 1,122,280 1,915,103 1,263,381 1,157,082 106,300 8.4%
Court Services 2,084,170 1,384,788 2,074,980 1,396,118 2,026,149 1,354,731 1,302,458 52,273 3.9%
Community and Eco Dvlpmnt Admin 929,814 620,791 942,071 630,909 1,020,208 682,197 685,933 (3,736) ‐0.5%
Development Services 2,810,736 1,876,800 3,103,568 2,001,005 3,358,299 2,201,921 2,165,714 36,207 1.6%
Economic Development 659,981 446,664 529,043 355,162 570,280 384,572 300,522 84,049 21.9%
Planning 1,447,781 951,339 1,482,233 995,013 1,541,592 1,024,050 993,017 31,033 3.0%
Finance 2,134,667 1,245,218 2,221,882 1,348,224 2,242,682 1,335,063 1,312,345 22,717 1.7%
City Clerk1 796,758 565,475 997,434 718,447 1,101,505 788,236 765,703 22,533 2.9%
Human Resources 888,252 561,242 937,412 625,233 977,094 635,001 583,333 51,667 8.1%
Police 24,737,346 16,472,013 25,004,580 16,560,001 25,379,201 16,853,511 16,528,605 324,906 1.9%
Jail Services 6,206,735 2,776,765 3,489,616 2,037,181 3,750,000 2,542,701 2,542,701 ‐ 0.0%
Fire 22,511,597 15,170,911 24,173,315 16,441,012 24,197,056 16,384,640 16,390,199 (5,560) 0.0%
Community Services Admin 416,284 272,651 434,558 285,879 450,911 295,998 299,975 (3,977) ‐1.3%
Parks 3,829,676 2,435,040 4,004,054 2,541,158 4,153,621 2,638,492 2,631,293 7,199 0.3%
Parks Planning & Natural Resources 551,423 349,262 577,934 363,538 934,005 589,503 428,676 160,827 27.3%
Recreation 4,974,002 3,341,666 4,982,229 3,346,772 5,130,300 3,446,454 3,343,858 102,596 3.0%
Human Services 1,247,294 770,871 1,193,871 748,587 1,196,052 744,460 695,514 48,946 6.6%
Neighborhoods, Resources, & Events 675,534 406,665 701,673 429,999 914,955 555,842 518,531 37,312 6.7%
Library 2,030,000 1,820,119 278,604 268,606 ‐ ‐ ‐ ‐ 0.0%
Museum 210,620 139,835 216,887 144,117 211,080 140,200 139,638 562 0.4%
Public Works Admin 452,538 300,269 470,051 315,216 483,035 322,247 301,882 20,365 6.3%
Street Maintenance 3,534,025 2,335,142 3,755,640 2,463,011 4,294,894 2,826,956 2,532,782 294,174 10.4%
Transportation 4,509,066 2,935,188 4,615,160 2,910,811 4,579,081 2,933,871 2,933,793 78 0.0%
Debt Service 4,822,566 1,408,246 9,752,337 2,158,688 8,034,283 2,058,556 2,058,556 ‐ 0.0%
Non‐Departmental and Other 4,930,383 3,950,614 4,637,555 2,072,373 5,641,350 2,950,337 2,950,337 ‐ 0.0%
Total Operating Expenditures 100,825,999 64,769,227 103,938,882 63,356,444 105,715,391 65,993,240 64,579,234 1,414,005 2.1%
Total Ending Fund Balance 11,057,551$ 7,443,173$ 15,575,840$ 11,036,798$ 10,717,001$ 11,242,413$ 14,996,787$ 3,754,373$ 33.4%
1Hearing Examiner is reported under City Clerk
Favorable (Unfavorable)
2011 2012 2013 Variance
Annual Actual YTD Actual Annual Budget YTD Budget YTD ActualSummary of Sources and Uses Annual Actual YTD Actual
Monthly Financial Report August 2013
Page 1 of 38
Monthly Financial Report August 2013
OVERVIEW
This financial overview reflects the City’s overall financial position for the fiscal year through August 31, 2013. Except as
noted, year‐to‐date budgeted revenues and operating expenditures are generally based on the collection/disbursement
patterns for the same period of the preceding year. The table on the previous page summarizes the general governmental
fund revenues and expenditures.
Revenues
Taxes
The combined collection of property, sales/use, utility, gambling, admissions, and real estate excise taxes represents 73% of
all resources supporting general governmental activities. The following section provides detail information on property,
sales, utility, and other taxes.
Property Tax
August’s collection is $58k, making the
total year‐to‐date collection $17 million
or 53.6% of the total budget. In
comparison to the previous year, the City
collected $685k or 4% less. Compared to
the budget, the City is above projections
by $246k or 1%. 2013’s monthly budgets
are based on 2010 through 2012
collections. The variance from the
monthly budget is due the timing of
collections. The City is projecting
property taxes to meet the budget by
year‐end.
Sales Tax
August 2013 sales tax receipts totalled $1.8
million. Compared with the same month
last year, it is $249k or 16% more.
Compared to the projected current month’s
budget, it is $245k or 15% above. The year‐
to‐date collection of $13.4 million is $1.3
million or 11% more than the prior year and
is also $1.1 million or 9% more than
budgeted. The increase is primarily
attributed to several major projects
underway in both Building Construction and
Heavy and Civil projects, which account for
$584k of the budget variance. Another
item is a 1‐time audit correction in the
manufacturing sector for 2012 that reduced activity in 2012 by $132k. Lastly, the other (miscellaneous) sector is
performing well due to growth within the insurance category. If we remove all of these items, we are $584k or 5% over
2012 and $487k or 4% more than budget.
2012 2013 2013
Actual Budget Actual $ % $ %
Jan 149,112$ 218,452$ 154,945$ 5,834$ 4% (63,506)$ ‐29%
Feb 85,577 238,602 25,020 (60,557) ‐71% (213,582) ‐90%
Mar 880,380 747,935 917,901 37,521 4% 169,966 23%
Apr 10,012,008 8,452,665 9,887,324 (124,683) ‐1% 1,434,659 17%
May 6,131,450 6,807,499 5,780,361 (351,089) ‐6% (1,027,138) ‐15%
Jun 43,203 69,561 88,480 45,277 105% 18,919 27%
Jul 446,717 218,293 100,047 (346,670) ‐78% (118,246) ‐54%
Aug (51,143) 13,620 58,101 109,245 ‐214% 44,482 327%
Sep 545,753 415,826
Oct 9,734,384 7,408,344
Nov 5,123,725 6,825,452
Dec 365,200 325,116
YTD Total 17,697,303$ 16,766,628$ 17,012,180$ (685,123)$ ‐4% 245,553$ 1%
Annual Total 33,466,364$ 31,741,366$
Property Tax Revenues
Year to Date through August
2013 vs. 2012 2013 vs. Budget
Month
2012 2013 2013
Actual Budget Actual $ % $ %
Jan 1,327,548$ 1,426,729$ 1,620,555$ 293,007$ 22% 193,826$ 14%
Feb 1,923,714 1,924,871 1,962,886 39,173 2% 38,015 2%
Mar 1,303,820 1,392,437 1,536,397 232,577 18% 143,960 10%
Apr 1,370,731 1,433,794 1,509,953 139,222 10% 76,159 5%
May 1,599,184 1,625,701 1,732,058 132,874 8% 106,357 7%
Jun 1,482,794 1,471,334 1,552,807 70,013 5% 81,473 6%
Jul 1,505,142 1,462,124 1,647,860 142,718 9% 185,736 13%
Aug 1,583,903 1,588,018 1,833,347 249,443 16% 245,328 15%
Sep 1,472,566 1,508,206 ‐
Oct 1,660,941 1,588,803 ‐
Nov 1,709,049 1,622,090 ‐
Dec 1,625,280 1,559,893 ‐
YTD Total 12,096,835$ 12,325,008$ 13,395,862$ 1,299,027$ 11% 1,070,855$ 9%
Annual Total 18,564,670$ 18,604,000$
2013 vs. Budget2013 vs. 2012
Month
Year to Date through August
Local Retail Sales Tax Revenues
Page 2 of 38
Monthly Financial Report August 2013
The following table breaks out the City’s base sales tax (excluding Criminal Justice and Annexation Credit) by major business
sectors:
Sales Tax by Sector 2012 2013 Bgt YTD Act Change 2013/2012 2013 Act vs Bgt
New Construction 1,097,254$ 1,184,389$ 1,773,752$ 676,499$ 62%$ 589,363 50%
Auto Sales 2,185,254 2,195,486 2,449,802 264,548 12% 254,317 12%
General Retail 4,315,794 4,360,807 4,335,495 19,701 0% (25,311)‐1%
Manufacturing 713,264 726,696 846,683 133,419 19% 119,987 17%
Wholesale 776,232 780,456 768,295 (7,938) ‐1% (12,162)‐2%
Service 2,729,726 2,808,859 2,880,696 150,971 6% 71,837 3%
Other 279,311 268,316 341,138 61,827 22% 72,823 27%
YTD Total 12,096,835$ 12,325,008$ 13,395,862$ 1,299,027$ 11%1,070,855$ 9%
Note: Excludes Annexation Credit and Criminal Justice Sales Tax revenue.
Utility tax
August utility tax revenues are $1.3 million,
which is $126k or 11% higher than the same
month last year and is also ahead of the
budget by $100k or 8%. The year‐to‐date
collection is $10.5 million, which is $255k or
2% lower than the prior year and is also
$440k or 4% lower than the budget. The City
is projecting utility tax revenues to be under
budget at year‐end.
The table below breaks out Utility Tax by source. The Electrical/Natural Gas variance is due to warmer weather
year‐to‐date than the prior year and we are projecting a combined unfavorable variance of $370k or 5%. Cell and Phone
variances are due the timing of receipts compared to 2012 (which should mostly catch up at the end of the year, but we are
projecting a combined unfavorable budget variance of $273k or 9%).
Utility Tax by Type 2012 2013 Bgt YTD Act Change 2013/2012 2013 Act vs Bgt
Electrical 3,514,842$ 3,688,111$ 3,478,251$ (36,591)$ ‐1%$ (209,860)‐6%
Natural Gas 1,505,312 1,497,444 1,349,563 (155,749) ‐10% (147,882)‐10%
Cell 1,484,840 1,495,819 1,273,172 (211,668) ‐14% (222,647)‐15%
Phone 671,176 635,331 577,545 (93,631) ‐14% (57,786)‐9%
Cable 924,994 960,069 964,072 39,078 4% 4,003 0%
Transfer Station 202,290 183,563 266,152 63,862 32% 82,589 45%
City Utilities 2,498,376 2,526,425 2,638,419 140,042 6% 111,993 4%
YTD Total 10,801,830$ 10,986,762$ 10,547,172$ (254,658)$ ‐2%(439,590)$ ‐4%
Annual Total 15,954,432$ 16,250,662$
YTD as % of 68% 68%
2012 2013 2013
Actual Budget Actual $ % $ %
Jan 1,469,178$ 1,494,708$ 1,277,860$ (191,318)$ ‐13% (216,848)$ ‐15%
Feb 1,512,539 1,497,446 1,462,236 (50,302) ‐3% (35,210) ‐2%
Mar 1,438,515 1,467,773 1,193,129 (245,387) ‐17% (274,644) ‐19%
Apr 1,384,240 1,412,358 1,545,257 161,017 12% 132,899 9%
May 1,394,109 1,423,158 1,338,923 (55,185) ‐4% (84,235) ‐6%
Jun 1,108,588 1,140,870 1,189,847 81,259 7% 48,977 4%
Jul 1,340,939 1,370,103 1,259,713 (81,225) ‐6% (110,390) ‐8%
Aug 1,153,724 1,180,346 1,280,207 126,484 11% 99,861 8%
Sep 1,301,158 1,332,309
Oct 1,126,772 1,153,538
Nov 1,196,932 1,213,641
Dec 1,527,740 1,564,412
YTD Total 10,801,830$ 10,986,762$ 10,547,172$ (254,658)$ ‐2% (439,590)$ ‐4%
Annual Total 15,954,432$ 16,250,662$
2013 vs. Budget2013 vs. 2012
Year to Date through August
Utility Tax Revenues
Month
Page 3 of 38
Monthly Financial Report August 2013
Other Taxes
Real Estate Excise Tax
The City collected $294k in Real Estate Excise
Tax revenues (REET) for August. This is $71k or
32% above the same month last year and is also
$36k or 14% more than the current month’s
budget. The year‐to‐date collection is $2
million, which is $322k or 19% more than the
prior year and is also $101k or 5% above the
budget. The City is projecting REET to meet the
budget at year‐end.
Gambling Tax
August’s Gambling Tax collections totalled
$100k, which is $47k or 32% below the
same month last year and is also $39k or
28% below the current month’s budget.
The year‐to‐date total of $825k is $286k
or 26% below the year before and is also
$226k or 21% below budget. The decline
in revenue is mainly due to payment
plans with two (2) establishments that
will be paid in full by the end of the year.
The City is also seeing a decline in overall
activity.
Pull tabs overall had a 6% decrease, bingo
decreased by 13%, and card‐rooms are
seeing 38% lower in activities when compared to the prior year.
Franchise Fees
Franchise Fees are due quarterly and the
year‐to‐date revenue collections are
$943k or 75% of the budget. This is $38k
or 4% higher than the prior year and is
also $40k or 4% above the projected year‐
to‐date budget. The City is projecting
franchise fees to be very close to the
budget at year‐end.
2012 2013 2013
Actual Budget Actual $ % $ %
Jan 77,631$ 95,818$ 134,099$ 56,468$ 73% 38,281$ 40%
Feb 214,137 243,603 262,229 48,092 22% 18,627 8%
Mar 203,583 227,510 228,077 24,494 12% 568 0%
Apr 194,868 213,798 197,659 2,791 1% (16,140) ‐8%
May 253,446 283,619 285,948 32,501 13% 2,329 1%
Jun 347,179 380,093 347,890 711 0% (32,203) ‐8%
Jul 177,839 211,158 263,807 85,967 48% 52,649 25%
Aug 222,933 257,653 294,056 71,123 32% 36,403 14%
Sep 173,212 162,577
Oct 326,027 262,093
Nov 370,123 174,190
Dec 250,922 87,888
YTD Total 1,691,618$ 1,913,251$ 2,013,764$ 322,146$ 19% 100,513$ 5%
Annual Total 2,811,902$ 2,600,000$
Month
2013 vs. Budget2013 vs. 2012
Real Estate Excise Tax Revenues
Year to Date through August
2012 2013 2013
Actual Budget Actual $ % $ %
Jan 175,959$ 166,470$ 133,504$ (42,455)$ ‐24% (32,965)$ ‐20%
Feb 143,837 136,080 73,730 (70,107) ‐49% (62,350) ‐46%
Mar 98,279 92,979 111,294 13,014 13% 18,315 20%
Apr 156,498 148,058 159,655 3,158 2% 11,598 8%
May 101,088 95,636 97,660 (3,428) ‐3% 2,024 2%
Jun 127,372 120,502 60,074 (67,298) ‐53% (60,428) ‐50%
Jul 161,244 152,548 89,157 (72,087) ‐45% (63,391) ‐42%
Aug 146,526 138,623 99,930 (46,596) ‐32% (38,694) ‐28%
Sep 162,540 153,774 ‐
Oct 87,494 82,776 ‐
Nov 177,352 167,787 ‐
Dec 153,019 144,767 ‐
YTD Total 1,110,803$ 1,050,896$ 825,004$ (285,799)$ ‐26% (225,892)$ ‐21%
Annual Total 1,691,209$ 1,600,000$
2013 vs. 2012 2013 vs. Budget
Gambling Tax Revenue
Month
Year to Date through August
2012 2013 2013
Actual Budget Actual $ % $ %
Jan 300,392$ 299,872$ 314,269$ 13,877$ 5% 14,397$ 5%
Feb ‐ ‐ 200 200 100% 200 100%
Mar ‐ ‐ 892 892 100% 892 100%
Apr 299,534 299,015 311,986 12,452 4% 12,971 4%
Jul 305,065 304,536 315,694 10,630 3% 11,158 4%
Oct 309,001 308,466 ‐
Dec 48,195 48,111 ‐
YTD Total 904,991$ 903,423$ 943,042$ 38,050$ 4% 39,619$ 4%
Annual Total 1,262,188$ 1,260,000$
Franchise Fees Revenue
Year to Date through August
Month
2013 vs. 2012 2013 vs. Budget
Page 4 of 38
Monthly Financial Report August 2013
Admission Tax
Admission Tax returns are due quarterly
in January, April, July, and October of
each year. July 2013 collections
represent activities conducted during the
2nd quarter of 2013. The year‐to‐date
collection of $240k is $5k or 2% more
than the prior year and is also $8k or 3%
more than the budget. The City is
projecting admission tax revenues to be
very close to the budget at year‐end.
Licenses and Permits
Building Permits and Development Service Fees
Building Permits and Development Service Fee
revenues totalled $340k in August. The
year‐to‐date development fees revenue of $2.6
million is $506k or 25% more than the year
before and is also $658k or 34% higher than
budget. The higher than expected fees are due
to collecting more in general building permits,
electrical permits, street excavations, and plan
check fees. The City is projecting building
permits and development service fees to
exceed the budget at year‐end.
Business Licenses
Business Licenses totalled $29k for August, which is
$15k or 101% above the same month last year and is
also $12k or 67% above the current month’s budget.
The year‐to‐date Business Licenses revenue of $372k
is $46k or 14% above the prior year but is $19k or
5% lower than the budget. The variance for July is
due to correcting the percentages distributed
between the General fund and Transportation CIP
fund. The City is projecting business licenses to be
very close with the budget at year‐end.
2012 2013 2013
Actual Budget Actual $ % $ %
Jan 73,420$ 72,699$ 82,440$ 9,020$ 12% 9,741$ 13%
Feb 934 925 ‐
Apr 80,352 79,563 70,311 (10,041) ‐12% (9,252) ‐12%
Jul 81,104 80,307 87,473 6,370 8% 7,166 9%
Aug ‐ ‐ 76 76 100% 76 100%
Oct 74,001 73,275 ‐
Dec 1,244 1,232 ‐
YTD Total 235,808$ 233,493$ 240,300$ 5,426$ 2% 7,731$ 3%
Annual Total 311,054$ 308,000$
Month
2013 vs. 2012 2013 vs. Budget
Admission Tax Revenue
Year to Date through August
2012 2013 2013
Actual Budget Actual $ % $ %
Jan 154,777$ 149,263$ 327,644$ 172,867$ 112% 178,381$ 120%
Feb 185,509 181,341 230,104 44,595 24% 48,763 27%
Mar 253,914 236,021 305,160 51,246 20% 69,139 29%
Apr 252,351 241,884 367,285 114,934 46% 125,401 52%
May 277,438 235,755 388,525 111,087 40% 152,770 65%
Jun 284,208 244,103 293,386 9,178 3% 49,282 20%
Jul 294,286 277,438 317,096 22,809 8% 39,658 14%
Aug 360,657 345,432 340,335 (20,322) ‐6% (5,096) ‐1%
Sep 189,832 169,797
Oct 400,995 382,373
Nov 271,519 260,912
Dec 406,375 399,094
YTD Total 2,063,141$ 1,911,238$ 2,569,535$ 506,394$ 25% 658,297$ 34%
Annual Total 3,331,862$ 3,123,413$
Building Permits and Development Service Fees
Year to Date through August
2013 vs. Budget2013 vs. 2012
Month
2012 2013 2013
Actual Budget Actual $ % $ %
Jan 88,676$ 106,302$ 95,381$ 6,705$ 8% (10,921)$ ‐10%
Feb 24,251 29,071 40,658 16,407 68% 11,587 40%
Mar 4,927 5,906 12,441 7,515 153% 6,535 111%
Apr 89,003 106,694 102,648 13,644 15% (4,047) ‐4%
May 2,645 3,171 33,354 30,709 1161% 30,183 952%
Jun 3,377 4,048 5,701 2,324 69% 1,653 41%
Jul 98,553 118,142 52,586 (45,967) ‐47% (65,556) ‐55%
Aug 14,550 17,442 29,210 14,661 101% 11,769 67%
Sep 3,197 3,833 ‐
Oct 99,644 119,450 ‐
Nov 12,484 14,965 ‐
Dec 3,372 4,042 ‐
YTD Total 325,982$ 390,777$ 371,979$ 45,997$ 14% (18,797)$ ‐5%
Annual Total 444,680$ 533,067$
Business Licenses
Month
2013 vs. 2012
Year to Date through August
2013 vs. Budget
Page 5 of 38
Monthly Financial Report August 2013
Intergovernmental
These revenue sources
include federal (direct and
indirect) grants, state grants,
state shared revenues, local
grants, and entitlements.
State shared revenues and
Fire Districts’ 25 and 40
contracts compose 84% of
the total revenues in this
category. The year‐to‐date
total Intergovernmental revenue is $7.1 million or 63% of the budget.
State Shared Revenues
State Shared Revenue collections
totalled $2.9 million since the start
of the year. Compared to the prior
year, State Shared Revenues are
below by $265k or 8%. Compared
to the projected budget, the City is
collecting $387k or 15% more. The
higher than expected (but lower
than prior year) collection is due to
collecting more than anticipated
Criminal Justice Sales Tax, the low
budget of Criminal Justice’s High Crime and the higher than expected collections for Liquor Profits. The reason for the
decline in Liquor Excise Tax is also due to the passage of Initiative 1183. Starting October 2012, the State will divert all
Liquor Excise Taxes that would normally be distributed to local governments to their State General Fund for one year. The
City will not receive these excise taxes in January 2013, April 2013 and July 2013. On the October 2013 distribution and on,
local governments will start receiving their portions of the excise taxes less a $10 million (per year) transfer from the State
Liquor Excise Tax Fund to the State General Fund.
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 70% of the total revenue in this category. The year‐to‐date total charges for services are $5.1 million or 78% of
the budget. This is 14% above budget projections. The following sections provide detail information for Public Safety,
Recreation, and Interfund Services.
Intergovernmental 2012 2013 Bgt YTD Act Change 2013/2012 2013 Act vs Bgt
Fire District #25 698,717$ 591,779$ 591,779$ (106,938)$ ‐15% $ ‐ 0%
Fire District #40 2,527,908 2,426,208 2,426,208 (101,700) ‐4%‐ 0%
State Shared Revenue 3,169,872 2,517,934 2,905,254 (264,618) ‐8% 387,320 15%
Federal Grants 779,086 919,417 919,417 140,331 18%(0) 0%
State Grants 100,934 63,711 63,711 (37,224) ‐37%(0) 0%
Other Grants/Intgovt 98,043 29,972 29,972 (68,071) ‐69% (0) 0%
ARRA Grants 273,944 114,792 114,792 (159,153) ‐58% (0) 0%
Total Rev YTD 7,648,504$ 6,663,813$ 7,051,132$ (597,372)$ ‐8%387,320$ 6%
Total Rev Annual 12,673,276$ 11,269,061$
YTD % 60% 59% 63%
Note: Includes CJ Sales Tax and FD25 & FD40 contracts
2012 2013 2013
Actual Budget Actual $ % $ %
Crim Just Sales Tax 1,242,787$ 1,247,973$ 1,354,300$ 111,513$ 9% 106,327$ 9%
Judicial Contribution 11,316 11,250 17,097 5,781 51% 5,847 52%
Crim Just ‐ High Crime 144,999 ‐ 166,329 21,330 15% 166,329 100%
Crim Just ‐ Pop 15,589 ‐ 16,728 1,139 7% 16,728 100%
Crim Just ‐ Spec Prog 58,682 66,969 62,393 3,711 6% (4,575) ‐7%
State DUI 13,149 13,605 12,697 (451) ‐3% (908) ‐7%
Liquor Profits 506,059 348,716 423,384 (82,675) ‐16% 74,668 21%
Liquor Excise Tax 342,495 ‐ ‐ (342,495) 0%‐ N/A
Fuel Tax 834,795 829,422 852,326 17,531 2% 22,904 3%
YTD Total 3,169,872$ 2,517,934$ 2,905,254$ (264,618)$ ‐8% 387,320$ 15%
Annual Total 4,825,202$ 4,208,000$
2013 vs. Budget
State Shared Revenues
2013 vs. 2012
Revenue
Year to Date through August
Page 6 of 38
Monthly Financial Report August 2013
Public Safety Services
Public Safety Services totalled $447k 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 $130k or 41% more. Compared to
the year‐to‐date budget, the City is $199k or
80% more. The reason for the large favourable
variance with the prior year is due to a
different way of accounting for
intergovernmental services. Prior to 2013, the
City accounted for these services as general
intergovernmental. Due to the 2013
Budgeting, Accounting, and Reporting System (BARS) Restructuring Project, the State does not recognize intergovernmental
charges for services as separate from charges for services. Of the $447k receipted for Public Safety Services, $120k is for
intergovernmental.
Recreation
Recreation revenues totalled $206k for the
current month. Compared to the same month
the prior year, the City collected $56k or 21%
less. Compared to the projected monthly
budget, the City collected $78k or 27% less. The
primary reason that recreation fees are lower is
due to the new cost recovery policy approved by
council in 2012 which reduces or eliminates
those programs that do not meet recovery
objectives. This revenue reduction translates
into a savings of $103k in the Recreation Division
of the Community Services Department.
Interfund Services
The year‐to‐date collections for Interfund
Services revenues are $2.4 million.
Compared to the prior year, the revenues are
over by $261k or 12%. Compared to the
projected budget, the revenues are above by
$178k or 8%. 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.
2012 2013 2013
Actual Budget Actual $ % $ %
Jan 15,229$ 11,917$ 32,322$ 17,093$ 112% 20,405$ 171%
Feb 34,848 27,269 117,056 82,208 236% 89,787 329%
Mar 35,353 27,665 37,079 1,726 5% 9,414 34%
Apr 68,426 53,545 64,009 (4,418) ‐6% 10,463 20%
May 42,979 33,632 47,985 5,007 12% 14,353 43%
Jun 31,486 24,639 36,945 5,459 17% 12,306 50%
Jul 54,883 42,948 69,340 14,457 26% 26,393 61%
Aug 34,742 27,187 42,753 8,010 23% 15,566 57%
Sep 36,019 28,186 ‐
Oct 37,300 29,188 ‐
Nov 33,025 25,843 ‐
Dec 61,608 48,210 ‐
YTD Total 317,947$ 248,802$ 447,489$ 129,543$ 41% 198,688$ 80%
Annual Total 485,899$ 380,229$
Month
2013 vs. 2012
Year to Date through August
Public Safety Services
2013 vs. Budget
2012 2013 2013
Actual Budget Actual $ % $ %
Jan 62,072$ 67,237$ 60,546$ (1,526)$ ‐2% (6,690)$ ‐10%
Feb 59,327 64,264 51,160 (8,167) ‐14% (13,104) ‐20%
Mar 104,775 113,492 79,491 (25,283) ‐24% (34,001) ‐30%
Apr 137,257 148,678 170,541 33,284 24% 21,863 15%
May 139,013 150,580 95,710 (43,303) ‐31% (54,870) ‐36%
Jun 149,137 161,546 150,284 1,147 1% (11,262) ‐7%
Jul 260,363 282,026 345,126 84,763 33% 63,100 22%
Aug 262,038 283,841 205,821 (56,217) ‐21% (78,020) ‐27%
Sep 107,879 116,855 ‐
Oct 85,973 93,126 ‐
Nov 65,863 71,343 ‐
Dec 60,467 65,498 ‐
YTD Total 1,173,982$ 1,271,663$ 1,158,679$ (15,303)$ ‐1% (112,983)$ ‐9%
Annual Total 1,494,165$ 1,618,486$
Recreation
Year to Date through August
2013 vs. Budget2013 vs. 2012
Month
2012 2013 2013
Actual Budget Actual $ % $ %
Jan 237,384$ 276,153$ 265,873$ 28,489$ 12% (10,279)$ ‐4%
Feb 234,758 276,153 292,362 57,604 25% 16,209 6%
Mar 271,071 276,153 317,998 46,927 17% 41,846 15%
Apr 253,070 276,153 288,610 35,541 14% 12,458 5%
May 291,941 276,153 299,652 7,711 3% 23,499 9%
Jun 275,112 276,153 287,569 12,457 5% 11,417 4%
Jul 217,828 276,153 282,466 64,638 30% 6,314 2%
Aug 345,690 276,153 352,945 7,255 2% 76,793 28%
Sep 273,570 276,153 ‐
Oct 338,304 276,153 ‐
Nov 276,902 276,153 ‐
Dec 296,085 276,153 ‐
YTD Total 2,126,854$ 2,209,220$ 2,387,476$ 260,622$ 12% 178,256$ 8%
Annual Total 3,311,715$ 3,313,830$
Interfund Services
Year to Date through August
2013 vs. 2012 2013 vs. Budget
Month
Page 7 of 38
Monthly Financial Report August 2013
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 $1.9 million.
This is $65k or 3% lower than a year ago and is
also $62k or 3% below the budget. The City is
projecting fines and penalties to be slightly
under the budget at year‐end.
Year to Date through August
2012 2013 2013
Actual Budget Actual $ % $ %
Civil Penalties 5,606$ 9,345$ 5,483$ (124)$ ‐2% (3,863)$ ‐41%
Civil Infraction Penalties 369,246 359,179 386,612 17,366 5% 27,433 8%
Civil Parking Infraction Penalties 93,321 105,592 108,792 15,471 17% 3,200 3%
Photo Enforcement Program 1,372,464 1,354,266 1,255,513 (116,951) ‐9% (98,753) ‐7%
Criminal Traffic Misdemeanor Fines 54,484 62,825 64,338 9,855 18% 1,513 2%
Criminal Non‐Traffic Fines 15,671 28,631 27,410 11,739 75% (1,221) ‐4%
Criminal Costs 77,766 73,331 79,951 2,186 3% 6,620 9%
Seizure Funds ‐ Federal/State/Local1 25,614 ‐ ‐ (25,614) 0%‐ N/A
Non‐Court Fines, Forfeitures and Penalties 653 18,950 21,842 21,190 3247% 2,892 15%
YTD Total 2,014,824$ 2,012,121$ 1,949,941$ (64,883)$ ‐3% (62,180)$ ‐3%
Annual Total 3,060,389$ 3,058,500$
1 Seizure Funds are categorized in Miscellaneous for 2013 and on.
2013 vs. 2012
Revenue
2013 vs. Budget
Fines and Penalties by Type
Included in the Fines and Penalties revenue budget is
$2 million from the Photo Enforcement program.
The budget was based on the prior year’s revenue.
The year‐to‐date collections from this program
equates to $1.3 million. The budget shortfall in
January is due to a change in receipting operations
that resulted in a 1‐month lag for defendant paid
infractions. December’s receipts will recognize 2
month’s worth of defendant paid infractions. The
budget shortfall starting in June is due to temporary
shutting down cameras in construction areas. These
revenues should pick up after construction is near
completion.
The associated costs includes the equipment
provided by American Traffic Solutions, Inc. (ATS),
dedicated 2 FTEs in the Court Services Department to
process the increased caseload and 1.1 FTEs in the Police Department for support services. This staff time, along with a
90% pro tem budget and interpreter costs amounts to $362k for personnel costs. The total costs for the program equates
to $842k which is represented in the table.
2012 2013 2013
Actual Budget Actual $ % $ %
Jan 183,478$ 181,746$ 153,064$ (30,413)$ ‐17% (28,682)$ ‐16%
Feb 241,050 231,901 247,166 6,116 3% 15,265 7%
Mar 244,379 246,962 275,222 30,842 13% 28,259 11%
Apr 278,972 279,587 318,235 39,264 14% 38,648 14%
May 306,424 310,705 278,783 (27,641) ‐9% (31,922) ‐10%
Jun 318,091 312,586 269,334 (48,758) ‐15% (43,252) ‐14%
Jul 274,243 277,336 236,571 (37,672) ‐14% (40,765) ‐15%
Aug 168,187 171,297 171,565 3,378 2% 268 0%
Sep 179,166 176,075
Oct 278,866 280,183
Nov 247,607 251,568
Dec 339,926 338,553
YTD Total 2,014,824$ 2,012,121$ 1,949,941$ (64,883)$ ‐3% (62,180)$ ‐3%
Annual Total 3,060,389$ 3,058,500$
2013 vs. Budget2013 vs. 2012
Year to Date through August
Fines and Penalties by Month
Month
Favorable
Budget Actual Budget Actual (Unfavorable)
1
Jan 181,020$ 150,459$ 74,626$ 60,422$ 90,037$
Feb 145,300 158,685 74,412 60,116 98,568
Mar 142,933 152,959 74,226 60,184 92,775
Apr 176,175 217,923 71,127 60,187 157,736
May 212,766 181,018 74,599 60,361 120,657
Jun 218,587 161,729 74,570 56,521 105,208
Jul 186,121 151,808 74,882 56,398 95,411
Aug 91,365 80,932 74,285 56,345 24,586
Sep 71,743 ‐ 50,884 ‐ ‐
Oct 191,799 ‐ 65,641 ‐ ‐
Nov 153,910 ‐ 66,315 ‐ ‐
Dec 178,282 ‐ 66,397 ‐ ‐
YTD Total 1,354,266$ 1,255,513$ 592,727$ 470,534$ 784,979$
Annual Total 1,950,000$ 841,964$
1 Actuals of Revenues and Expenses
Revenues Expenses
Photo Enforcement Program
Year to Date through August
Month
Page 8 of 38
Monthly Financial Report August 2013
Miscellaneous
This revenue source reflects the collection of
interest and other earnings, rents, leases, and
concessions, contributions, and donations
from private sources, and other
miscellaneous revenues. Interest and other
earnings along with rents, leases, and
concessions constitute 68% of the total
revenue in this category. The year‐to‐date
total miscellaneous is $990k. Compared to
last year, the revenues are above by $3k.
Compared to the projected year‐to‐date
budget, the revenues are over by $40k or 4%.
The table below breaks out miscellaneous
revenues by type:
2012 2013 2013
Actual Budget Actual $ % $ %
Interests and Other Earnings 66,355$ 144,425$ 71,048$ 4,693$ 7% (73,377)$ ‐51%
Rents, Leases, and Concessions 606,311 479,878 582,513 (23,798) ‐4% 102,635 21%
Contributions/Donations from Private Sources 104,145 78,141 71,717 (32,428) ‐31% (6,424) ‐8%
Other 210,498 125,511 230,135 19,637 9% 104,624 83%
Seizure Funds ‐ Federal/State/Local 1 ‐ 121,985 34,567 34,567 100% (87,419) ‐72%
YTD Total 987,309$ 949,941$ 989,980$ 2,671$ 0% 40,039$ 4%
Annual Total 1,630,922$ 1,861,022$
1Seizure Funds are categorized in Miscellaneous for 2013 and on.
2013 vs. Budget
Miscellaneous Revenues by Type
Year to Date through August
Revenue
2013 vs. 2012
Rents, leases and concessions are higher than the prior year and budget due to higher than expected picnic shelter rentals,
facility/fitness area rentals at the community center and food concession payments at Coulon Park.
Other miscellaneous revenues are higher than the prior year and budget due to higher than expected utility late payment
penalties and miscellaneous reimbursements for Fire.
Seizure funds are lower than the budget due to the timing of activity.
2012 2013 2013
Actual Budget Actual $ % $ %
Jan 206,151$ 163,044$ 179,743$ (26,408)$ ‐13% 16,699$ 10%
Feb 83,823 132,653 76,397 (7,425) ‐9% (56,256) ‐42%
Mar 104,421 88,693 147,909 43,488 42% 59,216 67%
Apr 98,164 114,071 92,872 (5,291) ‐5% (21,199) ‐19%
May 145,213 112,039 118,719 (26,494) ‐18% 6,681 6%
Jun 93,832 118,012 123,441 29,609 32% 5,429 5%
Jul 112,316 97,424 128,246 15,930 14% 30,822 32%
Aug 143,389 124,005 122,652 (20,737) ‐14% (1,352) ‐1%
Sep 89,588 105,170
Oct 91,608 78,260
Nov 64,705 58,620
Dec 397,713 669,031
YTD Total 987,309$ 949,941$ 989,980$ 2,671$ 0% 40,039$ 4%
Annual Total 1,630,922$ 1,861,022$
Year to Date through August
Month
2013 vs. Budget2013 vs. 2012
Miscellaneous Revenues by Month
Page 9 of 38
Monthly Financial Report August 2013
EXPENSES
Overall the City has expended 61% of its budgeted general governmental expenditures at the end of August. This is $1.4
million or 2.1% below year‐to‐date budgeted expenditures. See below for summary of unfavorable items for general
governmental departments.
Fire department is over the year‐to‐date budget by $6k. This is mainly due to overspending in overtime ($187k),
supplies/capital ($14k), intergovernmental ($53k), and under spending on salaries and benefits ($136k) and general
professional services ($109k). We will monitor these items to determine if a budget amendment is needed at year‐end.
Page 10 of 38
Monthly Financial Report August 2013
ENTERPRISE FUNDS
The table below gives an analysis of all City Enterprise funds. Displayed are the year‐to‐date revenues and expenditures for
each enterprise. Included in each fund are the capital revenues and expenditures.
Airport Golf Course Solid Waste
Utility Water Utility Wastewater
Utility
Surface
Water
Utility
Metro
REVENUES:
Licenses and permits ‐ ‐ ‐ ‐ 37,188 29,243 ‐
Grants / intergovernmental 2,779,011 ‐ 104,987 355 85 912,175 ‐
Charges for services 78,732 1,400,527 10,641,665 10,634,646 6,240,744 6,017,699 10,100,394
Interdepartmental services ‐ ‐ ‐ ‐ ‐ ‐ ‐
Fines and penalties 4,315 ‐ ‐ ‐ 531 ‐ ‐
Rents, leases, and misc fees 1,556,766 258,790 57,055 90,134 ‐ ‐ ‐
Interest and other misc 5,343 1,580 7,604 429,383 493,361 241,899 3,517
TOTAL REVENUES 4,424,167 1,660,897 10,811,311 11,154,518 6,771,909 7,201,016 10,103,911
EXPENSES:
Utility billing ‐ ‐ 77,315 80,628 56,344 91,782 ‐
Utility systems ‐ ‐ 9,591,025 2,218,536 1,895,928 1,583,571 ‐
Utility maintenance ‐ ‐ 195,038 3,069,290 826,166 1,347,495 9,539,901
Transportation 984,185 ‐ ‐ ‐ ‐ ‐ ‐
Golf ‐ 1,374,260 ‐ ‐ ‐ ‐ ‐
TOTAL EXPENSES 984,185 1,374,260 9,863,378 5,368,454 2,778,438 3,022,848 9,539,901
AMOUNT AVAILABLE FOR DEBT SERVICE 3,439,982 286,637 947,933 5,786,064 3,993,471 4,178,168 564,010
DEBT SERVICE:
Principal ‐ ‐ ‐ 664,925 565,383 63,340 ‐
Interest ‐ ‐ ‐ 348,144 180,798 146,868 ‐
TOTAL DEBT SERVICE ‐ ‐ ‐ 1,013,069 746,181 210,208 ‐
CAPITAL PROJECTS 6,200,022 15,145 ‐ 3,794,855 1,457,947 1,719,801 ‐
TRANSFERS IN/(OUT)‐ ‐ ‐ 7,526 (3,763) (8,967) ‐
CHANGE IN FUND BALANCE (2,760,040) 271,492 947,933 985,666 1,785,580 2,239,192 564,010
BEGINNING FUND BALANCE, Jan 1 2,342,924 539,814 1,523,881 9,846,308 3,196,734 6,014,474 1,745,887
ENDING FUND BALANCE, Aug 31 (417,116) 811,306 2,471,814 10,831,974 4,982,314 8,253,666 2,309,897
Airport ending fund balance is temporarily negative due to timing of grant reimbursements for one large capital project
(Taxiway Bravo Rehab). This project is 90% granted funded by the Federal Aviation Administration. The City has received
some reimbursements for this project through September and as a result we are seeing a positive ending fund balance.
Page 11 of 38
Monthly Financial Report August 2013
INTERNAL SERVICE FUNDS
The table below gives an analysis of all City Internal Service Funds. Displayed are the year‐to‐date revenues and
expenditures for each internal service. Included in each fund are the capital revenues and expenditures.
Equipment
Rental
Information
Technology Facilities Communications Insurance Healthcare Retiree
Healthcare
REVENUES:
Technology Fee ‐ 79,904 ‐ ‐ ‐ ‐ ‐
Grants / intergovernmental 83 ‐ ‐ ‐ ‐ ‐ 32,467
Charges for services
Equipment rental m&o 1,805,762 2,035,828 ‐ ‐ ‐ ‐ ‐
Print and mail ‐ 74,941 ‐ 267,127 ‐ ‐ ‐
Communications ‐ 4,260 69,854 342,290 ‐ ‐ ‐
Facilities ‐ ‐ 2,852,487 ‐ ‐ ‐ ‐
Data cards and cell phones ‐ 93,609 ‐ ‐ ‐ ‐ ‐
IT service co ntracts ‐ 292,540 ‐ ‐ ‐ ‐ ‐
Interest and other misc 7,780 3,748 1,920 602 23,027 13,948 12,427
Internal service fund misc:
Vehicle / equipment capital recovery 946,638 113,329 ‐ ‐ ‐ ‐ ‐
Insurance premiums ‐ ‐ ‐ ‐ 1,061,340 ‐ ‐
Worker's comp/unemployment ‐ ‐ ‐ ‐ 1,073,020 ‐ ‐
Benefit premiums ‐ ‐ ‐ ‐ ‐ 5,920,300 1,138,264
Other misc 6,131 11,853 9,128 ‐ 227 78,852 ‐
Interfund Loan ‐ ‐ ‐ ‐ 136,852 ‐ ‐
Capital contributions ‐ ‐ ‐ ‐ ‐ ‐ ‐
Disposal of capital assets 91,261 ‐ ‐ ‐ ‐ ‐ ‐
Insurance recoveries 25,000 ‐ ‐ ‐ 70,960 7,820 ‐
TOTAL REVENUES 2,882,655 2,710,012 2,933,390 610,019 2,365,426 6,020,920 1,183,158
EXPENSES:
Communications 318,587
Equipment rental 1,540,010
Facilities 2,337,076
Healthcare 7,358,234
Information technology 2,191,932
Print and mail 255,822
Retiree healthcare 628,918
Risk management
Ri sk management 1,355,311
Unemployment 38,738
Worker's compensation 921,090
TOTAL EXPENSES 1,540,010 2,191,932 2,337,076 574,409 2,315,139 7,358,234 628,918
AMOUNT AVAILABLE FOR CAPITAL 1,342,645 518,080 596,313 35,610 50,287 (1,337,314) 554,240
CAPITAL PROJECTS 858,589 385,456 191,863 ‐ ‐ ‐ ‐
TRANSFERS IN 40,886 89,130 551 ‐ 2,000,000 ‐ ‐
TRANSFERS (OUT)‐ ‐ ‐ ‐ ‐ ‐ ‐
CHANGE IN FUND BALANCE 524,942 221,754 405,001 35,610 2,050,287 (1,337,314) 554,240
BEGINNING FUND BALANCE, Jan 1 3,722,501 1,856,972 849,472 303,477 4,986,807 7,899,070 6,482,165
ENDING FUND BALANCE, Aug 31 4,247,443 2,078,726 1,254,473 339,087 7,037,094 6,561,756 7,036,405
Page 12 of 38
Monthly Financial Report August 2013
FUND BALANCE
Page 14 shows the ending fund balance as of August 2013. 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 August, the City has $15 million reported in the combined general governmental fund balance of the current
year’s operating budget, which is approximately 14% of budgeted operating expenditures. This is a decrease of $579k from
the year’s beginning balance. August’s ending fund balance is over the anticipated General Governmental Fund Balance of
$11.2 million by $3.8 million or 33.4%. Although the ending fund balance is above projections, it is consistent with the prior
years’ trends since the City receipted the first half of 2013 property taxes in April/May and will receipt the second half in
October/November.
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 38
Monthly Financial Report August 2013
City of Renton
All Funds ‐ Revenue, Expenditures and Fund Balances
Cash Basis through August 31, 2013
Funds
Balance
01/01/2013
Budgeted
Revenue
Revenue
08/31/13
Total Funds
Available
Budgeted
Expenditure
Expenditure
08/31/13
Ending
Balance
GENERAL GOVERNMENT FUNDS:15,575,839 100,856,553 64,000,182 79,576,021 105,715,391 64,579,234 14,996,787
000 General 10,575,369 71,987,103 47,082,549 57,657,918 76,690,192 49,534,661 8,123,258
001 Community Services 1,891,966 11,328,945 6,993,619 8,885,585 11,325,011 7,189,150 1,696,436
003 Street 1,585,553 8,877,257 5,070,444 6,655,997 8,873,975 5,466,575 1,189,422
004 Community Dev Block Grant (13,145) 367,512 86,254 73,109 297,069 135,519 (62,410)
005 Museum 52,369 209,903 105,020 157,389 211,080 139,638 17,751
009 Farmers Market 90,520 59,400 38,863 129,383 80,414 33,183 96,200
011 Fire Health & Wellness 55,483 25,000 21,012 76,495 25,000 21,952 54,542
031 Park Memorial 178,367 ‐ 328 178,695 178,367 ‐ 178,695
201 Ltd GO Bonds Gen Govt Debt 829,784 1,749,305 876,981 1,706,765 1,749,305 134,500 1,572,265
215 Gen Govt Misc Debt Service 329,573 6,252,128 3,725,112 4,054,685 6,284,978 1,924,056 2,130,629
SPECIAL REVENUE FUNDS:
102 Arterial Street 168,514 643,000 401,782 570,296 600,000 ‐ 570,296
108 Leased City Properties 527,677 797,289 406,566 934,243 752,011 394,147 540,096
110 Hotel Motel 111,256 245,000 210,222 321,478 291,000 133,741 187,737
125 1% For Art 116,142 16,000 198 116,340 50,000 16,150 100,190
127 Cable Communication 257,372 85,674 79,203 336,575 85,674 37,503 299,072
135 Springbrook Wetlands Bank 665,828 ‐ 1,224 667,052 ‐ ‐ 667,052
CAPITAL PROJECT FUNDS (CIP):
303 Community Dev Mitigation 1,540,154 60,000 57,018 1,597,172 700,000 ‐ 1,597,172
304 Fire Mitigation 797,417 25,000 61,203 858,620 250,000 ‐ 858,620
305 Transportation Mitigation 292,627 40,000 165,613 458,240 100,000 ‐ 458,240
316 Municipal Facilities CIP 3,474,517 4,361,912 1,808,156 5,282,673 7,735,752 1,142,561 4,140,112
317 Transportation CIP (391,159) 34,020,559 17,103,279 16,712,120 33,608,158 14,554,558 2,157,562
318 So Lake WA Infrastructure Proj 52,073 44,874 44,905 96,978 96,947 87,657 9,321
326 Housing Opportunity 84,359 ‐ 164 84,523 75,000 ‐ 84,523
336 New Library Development 19,143,344 1,830,836 34,829 19,178,173 20,974,180 517,000 18,661,173
ENTERPRISE FUNDS:
402 Airport 331,939 1,264,418 1,641,306 1,973,245 1,432,346 984,185 989,060
403 Solid Waste Utility 1,523,881 15,700,852 10,811,311 12,335,192 16,177,073 9,863,378 2,471,814
404 Golf Course 291,978 2,453,669 1,660,420 1,952,398 2,476,366 1,410,149 542,249
422 Airport Capital 2,010,985 15,668,122 2,782,861 4,793,846 17,650,611 6,200,022 (1,406,176)
424 Golf Course Capital 247,836 50,000 33,809 281,645 156,482 12,587 269,058
INTERNAL SERVICE FUNDS:
501 Equipment Repair/Replacement 3,722,501 4,261,224 2,923,541 6,646,042 4,295,028 2,398,599 4,247,443
502 Insurance 4,986,807 5,713,764 4,365,426 9,352,233 3,060,718 2,315,140 7,037,093
503 Information Services 1,856,972 4,188,823 2,799,142 4,656,114 5,326,336 2,577,388 2,078,726
504 Facilities 849,472 4,276,112 2,933,941 3,783,413 4,468,879 2,528,939 1,254,474
505 Communications 303,477 877,773 610,019 913,496 893,249 574,409 339,087
512 Insurance, Healthcare 7,899,070 9,329,364 6,020,920 13,919,990 10,904,461 7,358,234 6,561,756
522 Insurance, Leoff1 Retirees HC 6,482,165 1,735,684 1,183,158 7,665,323 1,737,782 628,918 7,036,405
FIDUCIARY FUNDS:
611 Firemen's Pension 4,556,003 300,000 132,958 4,688,961 240,475 131,362 4,557,599
Funds
Balance
01/01/2013
Budgeted
Revenue
Revenue
08/31/13
Total Funds
Available
Budgeted
Expenditure
Expenditure
08/31/13
Ending
Balance
ENTERPRISE FUNDS: COMBINED UTILITIES 20,803,403 57,384,364 35,238,880 56,042,283 60,603,334 29,664,432 26,377,851
405 Water Utility 5,449,029 13,402,096 9,868,728 15,317,757 11,034,019 6,410,293 8,907,464
406 Waste Water Utility 1,363,629 6,758,645 5,967,268 7,330,897 5,505,490 3,528,382 3,802,515
407 Surface Water Utility 2,269,771 7,963,326 5,878,127 8,147,898 6,180,122 3,242,022 4,905,876
416 King County Metro 1,745,887 15,126,703 10,103,910 11,849,797 15,126,703 9,539,901 2,309,896
425 Water Utility Construction 4,381,380 3,746,643 1,293,287 5,674,667 8,007,000 3,766,086 1,908,581
426 Waste Water Construction 1,833,105 3,300,000 804,641 2,637,746 4,870,000 1,457,947 1,179,799
427 Surface Water Construction 3,744,703 7,086,951 1,322,890 5,067,593 9,880,000 1,719,801 3,347,792
471 Waterworks Rate Stabilization 15,899 ‐ 29 15,928 ‐ ‐ 15,928
Note: Waterworks Utility Funds are managed as a system and are designated by the dotted lines.
Page 14 of 38
City of Renton
General Government Financial Position
2013 Budget Year
General Government Summary
Revenues Expenditures
$ Difference
over (under)
w/beginning
balance
15,575,839
January 5,592,172 7,563,322 (1,971,150) 13,604,689
February 11,590,564 15,996,818 (4,406,254) 11,169,585
March 17,392,180 23,413,342 (6,021,162) 9,554,677
April 33,559,062 31,631,530 1,927,532 17,503,371
May 46,893,848 39,883,684 7,010,164 22,586,003
June 52,007,692 48,473,829 3,533,864 19,109,703
July 58,496,912 56,535,685 1,961,227 17,537,066
August 64,000,182 64,579,234 (579,052) 14,996,787
September
October
November
December
1,000,000
2,000,000
3,000,000
4,000,000
5,000,000
6,000,000
7,000,000
8,000,000
70,000,000
80,000,000
90,000,000
100,000,000
110,000,000
Change in Fund
Balance
Rev/Exp Revenues
Expenditures
Change in Fund Balance
(9,000,000)
(8,000,000)
(7,000,000)
(6,000,000)
(5,000,000)
(4,000,000)
(3,000,000)
(2,000,000)
(1,000,000)
‐
1,000,000
‐
10,000,000
20,000,000
30,000,000
40,000,000
50,000,000
60,000,000
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Page 15 of 38
City of Renton
Monthly Revenue Analysis ‐ 2013 Budget Year
General
Government Budget
YTD
Actual
Annual %
over (under)
Jan 5,358,599 5,592,172 4.36%
Feb 11,473,833 11,590,564 1.02%
Mar 16,852,971 17,392,180 3.20%
Apr 31,091,668 33,559,062 7.94%
May 45,250,508 46,893,848 3.63%
Jun 50,278,740 52,007,692 3.44%
Jul 56,608,726 58,496,912 3.34%
Aug 61,659,814 64,000,182 3.80%
Sep 66,333,528
Oct 79,977,797
Nov 93,743,758
Dec 100,856,553
Percent of budget 63.46%
YTD Annual %
$‐
$10
$20
$30
$40
$50
$60
$70
$80
$90
$100
$110
Millions
Total Revenue
General Government
Budget
Actual
Last Year
$36
Millions Property Tax
Property Tax Budget Actual over (under)
Jan 218,452 154,945 ‐29.07%
Feb 457,054 179,965 ‐60.62%
Mar 1,204,989 1,097,866 ‐8.89%
Apr 9,657,654 10,985,190 13.75%
May 16,465,154 16,765,551 1.82%
Jun 16,534,715 16,854,032 1.93%
Jul 16,753,008 16,954,079 1.20%
Aug 16,766,628 17,012,180 1.46%
Sep 17,182,454
Oct 24,590,798
Nov 31,416,250
Dec 31,741,366
Percent of budget 53.60%
$‐
$3
$6
$9
$12
$15
$18
$21
$24
$27
$30
$33
$36
Budget
Actual
Last Year
Page 16 of 38
City of Renton
Monthly Revenue Analysis ‐ 2013 Budget Year
Sales Tax Budget
YTD
Actual
Annual %
over (under)
Jan 1,585,548 1,812,385 14.31%
Feb 3,729,667 4,006,705 7.43%
Mar 5,270,744 5,725,296 8.62%
Apr 6,860,537 7,413,785 8.06%
May 8,668,156 9,351,345 7.88%
Jun 10,307,140 11,088,148 7.58%
Jul 11,940,419 12,931,683 8.30%
Aug 13,708,668 14,983,749 9.30%
Sep 15,384,395
Oct 17,162,223
Nov 18,978,733
Dec 20,723,680
Percent of budget 72.30%
Note: Excludes CJ Sales Tax and Natural Gas Use Tax.
YTD Annual %
$‐
$3
$6
$9
$12
$15
$18
$21
Millions Sales Tax
Budget
Actual
Last Year
$16
Millions Utility Tax
Utility Tax Budget Actual over (under)
Jan 1,494,708 1,277,860 ‐14.51%
Feb 2,992,154 2,740,096 ‐8.42%
Mar 4,459,927 3,933,225 ‐11.81%
Apr 5,872,284 5,478,482 ‐6.71%
May 7,295,443 6,817,405 ‐6.55%
Jun 8,436,312 8,007,252 ‐5.09%
Jul 9,806,416 9,266,965 ‐5.50%
Aug 10,986,762 10,547,172 ‐4.00%
Sep 12,319,071
Oct 13,472,609
Nov 14,686,250
Dec 16,250,662
Percent of budget 64.90%
Note: Includes Natural Gas Use Tax.
$0
$2
$4
$6
$8
$10
$12
$14
$16
Budget
Actual
Last Year
Page 17 of 38
City of Renton
Monthly Revenue Analysis ‐ 2013 Budget Year
Licenses &
Permits Budget
YTD
Actual
Annual %
over (under)
Jan 219,087 325,005 48.34%
Feb 384,853 547,949 42.38%
Mar 574,699 747,996 30.15%
Apr 853,049 1,091,568 27.96%
May 1,034,613 1,368,619 32.28%
Jun 1,227,006 1,596,317 30.10%
Jul 1,538,622 1,891,884 22.96%
Aug 1,830,518 2,172,762 18.70%
Sep 1,987,449
Oct 2,371,160
Nov 2,574,250
Dec 2,863,828
Percent of budget 75.87%
Note: Franchise Fees
YTD Annual % Millions
Intergovernmental
$‐
$0.50
$1.00
$1.50
$2.00
$2.50
$3.00
Millions Licenses & Permits
Budget
Actual
Last Year
Intergovt'l Budget Actual over (under)
Jan 479,441 565,532 17.96%
Feb 1,377,678 1,466,833 6.47%
Mar 1,687,937 1,933,705 14.56%
Apr 2,496,563 2,801,258 12.20%
May 4,899,480 5,218,611 6.51%
Jun 5,430,762 5,720,394 5.33%
Jul 6,203,725 6,584,190 6.13%
Aug 6,663,813 7,051,132 5.81%
Sep 6,691,793
Oct 7,973,845
Nov 10,553,873
Dec 11,269,061
Percent of budget 62.57%
Note: Includes CJ Sales Tax and FD25 & FD40 contracts
$‐
$1
$2
$3
$4
$5
$6
$7
$8
$9
$10
$11
$12
$13
Millions
Budget
Actual
Last Year
Page 18 of 38
City of Renton
Monthly Revenue Analysis ‐ 2013 Budget Year
Charges for
Services Budget
YTD
Actual
Annual %
over (under)
Jan 407,503 485,115 19.05%
Feb 859,916 1,051,174 22.24%
Mar 1,369,614 1,636,717 19.50%
Apr 1,960,890 2,321,588 18.39%
May 2,514,144 2,949,916 17.33%
Jun 3,065,252 3,543,866 15.61%
Jul 3,787,273 4,364,049 15.23%
Aug 4,478,128 5,084,872 13.55%
Sep 4,951,061
Oct 5,499,477
Nov 5,985,046
Dec 6,520,566
Percent of budget 77.98%
Note: Excludes FD25 & FD40 contracts
Fines & YTD Annual %
$‐
$1
$2
$3
$4
$5
$6
$7
Millions Charges for Services
Budget
Actual
Last Year
Millions Fines & Forfeits
Forfeits Budget Actual over (under)
Jan 181,746 153,064 ‐15.78%
Feb 413,648 400,231 ‐3.24%
Mar 660,610 675,452 2.25%
Apr 940,197 993,688 5.69%
May 1,250,902 1,272,471 1.72%
Jun 1,563,488 1,541,804 ‐1.39%
Jul 1,840,824 1,778,375 ‐3.39%
Aug 2,012,121 1,949,941 ‐3.09%
Sep 2,188,195
Oct 2,468,378
Nov 2,719,947
Dec 3,058,500
Percent of budget 63.75%
$‐
$0.50
$1.00
$1.50
$2.00
$2.50
$3.00
$3.50
Budget
Actual
Last Year
Page 19 of 38
City of Renton
Monthly Revenue Analysis ‐ 2013 Budget Year
Other Taxes Budget
YTD
Actual
Annual %
over (under)
Jan 609,070 638,523 4.84%
Feb 963,161 934,497 ‐2.98%
Mar 1,239,788 1,230,900 ‐0.72%
Apr 1,951,594 1,963,238 0.60%
May 2,504,949 2,520,946 0.64%
Jun 2,978,377 2,903,455 ‐2.52%
Jul 3,905,284 3,837,944 ‐1.72%
Aug 4,255,988 4,187,979 ‐1.60%
Sep 4,566,014
Oct 5,297,857
Nov 5,592,217
Dec 6,313,000
Percent of budget 66.34%
YTD Annual % Millions Miscellaneous
$0
$1
$2
$3
$4
$5
$6
$7
Millions Other Taxes
Budget
Actual
Last Year
Misc Budget Actual over (under)
Jan 163,044 179,743 10.24%
Feb 295,698 256,140 ‐13.38%
Mar 384,390 404,049 5.11%
Apr 498,462 496,921 ‐0.31%
May 610,500 615,640 0.84%
Jun 728,512 739,082 1.45%
Jul 825,936 867,327 5.01%
Aug 949,941 989,980 4.21%
Sep 1,055,111
Oct 1,133,371
Nov 1,191,991
Dec 1,861,022
Percent of budget 53.20%
$‐
$0.20
$0.40
$0.60
$0.80
$1.00
$1.20
$1.40
$1.60
$1.80 Budget
Actual
Last Year
Page 20 of 38
City of Renton
Monthly Revenue Analysis ‐ 2013 Budget Year
Other
Financing Budget
YTD
Actual
Annual %
over (under)
Jan ‐ ‐ N/A
Feb 5 6,974 139374.80%
Mar 273 6,974 2454.48%
Apr 438 13,343 2946.36%
May 7,167 13,343 86.17%
Jun 7,177 13,343 85.91%
Jul 7,220 20,415 182.75%
Aug 7,248 20,415 181.66%
Sep 7,985
Oct 8,079
Nov 45,201
Dec 254,868
Percent of budget 8.01%
$‐
$1.00
$2.00
$3.00
$4.00
$5.00
$6.00
Millions Other Financing Sources
Budget
Actual
Last Year
Page 21 of 38
City of Renton
Monthly Revenue Analysis ‐ 2013 Budget Year
REET Budget
YTD
Actual
Annual %
over (under)
Jan 71,786 134,099 86.80%
Feb 269,776 396,328 46.91%
Mar 458,016 624,405 36.33%
Apr 638,196 822,064 28.81%
May 872,560 1,108,012 26.98%
Jun 1,193,556 1,455,902 21.98%
Jul 1,358,006 1,719,709 26.63%
Aug 1,564,134 2,013,764 28.75%
Sep 1,724,294
Oct 2,025,764
Nov 2,367,976
Dec 2,600,000
Percent of budget 77.45%
Bldg Permits &
Devlpmt Svc YTD Annual %
$‐
$0.50
$1.00
$1.50
$2.00
$2.50
$3.00
Millions
Real Estate Excise Tax
Budget
Actual
Last Year
Millions Building Permits and Development Service
Fees Budget Actual over (under)
Jan 149,263 327,644 119.51%
Feb 330,604 557,749 68.71%
Mar 566,625 862,909 52.29%
Apr 808,509 1,230,194 52.16%
May 1,044,264 1,618,718 55.01%
Jun 1,288,368 1,912,104 48.41%
Jul 1,565,806 2,229,200 42.37%
Aug 1,911,238 2,569,535 34.44%
Sep 2,081,035
Oct 2,463,407
Nov 2,724,319
Dec 3,123,413
Percent of budget 82.27%
$‐
$0.50
$1.00
$1.50
$2.00
$2.50
$3.00
$3.50
Millions Fees
Budget
Actual
Last Year
Page 22 of 38
City of Renton
Monthly Expenditure Analysis ‐ 2013 Budget Year
General
Government Budget
YTD
Actual
Annual %
over (under)
Jan 7,463,801 7,563,322 1.33%
Feb 16,259,347 15,996,818 ‐1.61%
Mar 23,771,912 23,413,342 ‐1.51%
Apr 32,103,134 31,631,530 ‐1.47%
May 40,743,889 39,883,684 ‐2.11%
Jun 49,545,186 48,473,829 ‐2.16%
Jul 57,808,775 56,535,685 ‐2.20%
Aug 65,993,240 64,579,234 ‐2.14%
Sep 78,851,788
Oct 87,529,180
Nov 96,164,029
Dec 105,715,391
Percent of budget expended 61.09%
YTD Annual %
$‐
$10
$20
$30
$40
$50
$60
$70
$80
$90
$100
$110
Millions
Total Expenditures
General Government
Budget
Actual
Last Year
$300 000
Legislative
Legislative Budget Actual over (under)
Jan 23,231 23,354 0.53%
Feb 47,551 47,686 0.28%
Mar 71,956 72,806 1.18%
Apr 95,878 97,646 1.84%
May 120,148 121,071 0.77%
Jun 144,309 145,113 0.56%
Jul 168,859 169,210 0.21%
Aug 192,896 192,361 ‐0.28%
Sep 217,082
Oct 241,441
Nov 265,573
Dec 290,291
Percent of budget expended 66.26%
$‐
$50,000
$100,000
$150,000
$200,000
$250,000
$300,000
Budget
Actual
Last Year
Page 23 of 38
City of Renton
Monthly Expenditure Analysis ‐ 2013 Budget Year
Executive Budget
YTD
Actual
Annual %
over (under)
Jan 84,700 78,944 ‐6.80%
Feb 190,135 186,330 ‐2.00%
Mar 296,151 297,118 0.33%
Apr 407,614 419,061 2.81%
May 516,918 528,321 2.21%
Jun 623,960 614,036 ‐1.59%
Jul 735,658 718,411 ‐2.34%
Aug 847,425 824,425 ‐2.71%
Sep 953,811
Oct 1,064,489
Nov 1,170,013
Dec 1,322,364
Percent of budget expended 62.34%
YTD Annual %
$‐
$0.30
$0.60
$0.90
$1.20
$1.50
Millions Executive
Budget
Actual
Last Year
$2 40
Millions City Attorney
City Attorney Budget Actual over (under)
Jan 155,027 141,744 ‐8.57%
Feb 314,005 285,967 ‐8.93%
Mar 472,262 427,953 ‐9.38%
Apr 633,182 584,735 ‐7.65%
May 787,132 724,478 ‐7.96%
Jun 947,880 872,824 ‐7.92%
Jul 1,105,337 1,013,090 ‐8.35%
Aug 1,263,381 1,157,082 ‐8.41%
Sep 1,421,095
Oct 1,593,003
Nov 1,749,576
Dec 1,915,103
Percent of budget expended 60.42%
$‐
$0.40
$0.80
$1.20
$1.60
$2.00
$2.40 Budget
Actual
Last Year
Page 24 of 38
City of Renton
Monthly Expenditure Analysis ‐ 2013 Budget Year
Court Services Budget
YTD
Actual
Annual %
over (under)
Jan 161,056 152,280 ‐5.45%
Feb 321,721 310,767 ‐3.40%
Mar 485,078 468,698 ‐3.38%
Apr 650,782 643,564 ‐1.11%
May 824,039 795,263 ‐3.49%
Jun 1,016,165 978,124 ‐3.74%
Jul 1,185,948 1,141,510 ‐3.75%
Aug 1,354,731 1,302,458 ‐3.86%
Sep 1,519,505
Oct 1,684,389
Nov 1,852,716
Dec 2,026,149
Percent of budget expended 64.28%
YTD Annual %
$‐
$0.20
$0.40
$0.60
$0.80
$1.00
$1.20
$1.40
$1.60
$1.80
$2.00
$2.20
Millions Court Services
Budget
Actual
Last Year
Millions
Community & Economic
Dl Ad iCED Admin Budget Actual over (under)
Jan 85,577 85,287 ‐0.34%
Feb 171,360 170,570 ‐0.46%
Mar 257,144 256,405 ‐0.29%
Apr 344,608 344,293 ‐0.09%
May 428,940 428,857 ‐0.02%
Jun 513,272 514,481 0.24%
Jul 597,689 600,318 0.44%
Aug 682,197 685,933 0.55%
Sep 766,581
Oct 850,349
Nov 934,318
Dec 1,020,208
Percent of budget expended 67.23%
$‐
$0.20
$0.40
$0.60
$0.80
$1.00
$1.20
Millions Development Admin
Budget
Actual
Last Year
Page 25 of 38
City of Renton
Monthly Expenditure Analysis ‐ 2013 Budget Year
Development
Services Budget
YTD
Actual
Annual %
over (under)
Jan 267,446 272,362 1.84%
Feb 540,517 515,474 ‐4.63%
Mar 813,155 768,135 ‐5.54%
Apr 1,086,172 1,060,776 ‐2.34%
May 1,379,682 1,319,207 ‐4.38%
Jun 1,645,056 1,589,997 ‐3.35%
Jul 1,929,849 1,867,544 ‐3.23%
Aug 2,201,921 2,165,714 ‐1.64%
Sep 2,488,019
Oct 2,780,951
Nov 3,065,780
Dec 3,358,299
Percent of budget expended 64.49%
Economic YTD Annual %
$‐
$0.50
$1.00
$1.50
$2.00
$2.50
$3.00
$3.50
Millions
Development Services
Budget
Actual
Last Year
Millions
Economic Development
Development Budget Actual over (under)
Jan 54,655 75,717 38.54%
Feb 109,521 81,391 ‐25.68%
Mar 155,477 109,135 ‐29.81%
Apr 198,321 146,523 ‐26.12%
May 246,022 175,487 ‐28.67%
Jun 290,316 211,913 ‐27.01%
Jul 339,634 254,764 ‐24.99%
Aug 384,572 300,522 ‐21.86%
Sep 428,840
Oct 472,869
Nov 524,583
Dec 570,280
Percent of budget expended 52.70%
$‐
$0.10
$0.20
$0.30
$0.40
$0.50
$0.60
Millions
Budget
Actual
Last Year
Page 26 of 38
City of Renton
Monthly Expenditure Analysis ‐ 2013 Budget Year
Planning Budget
YTD
Actual
Annual %
over (under)
Jan 118,936 112,247 ‐5.62%
Feb 265,596 237,260 ‐10.67%
Mar 381,868 350,721 ‐8.16%
Apr 509,685 480,129 ‐5.80%
May 630,402 603,248 ‐4.31%
Jun 748,996 728,944 ‐2.68%
Jul 870,176 856,640 ‐1.56%
Aug 1,024,050 993,017 ‐3.03%
Sep 1,159,558
Oct 1,279,389
Nov 1,405,692
Dec 1,541,592
Percent of budget expended 64.42%
YTD Annual % $2 40
Millions Finance
$‐
$0.20
$0.40
$0.60
$0.80
$1.00
$1.20
$1.40
$1.60
$1.80
Millions
Planning
Budget
Actual
Last Year
Finance Budget Actual over (under)
Jan 158,336 144,010 ‐9.05%
Feb 323,142 284,066 ‐12.09%
Mar 485,519 437,042 ‐9.98%
Apr 646,871 610,911 ‐5.56%
May 815,548 775,564 ‐4.90%
Jun 991,610 942,750 ‐4.93%
Jul 1,157,861 1,123,823 ‐2.94%
Aug 1,335,063 1,312,345 ‐1.70%
Sep 1,499,653
Oct 1,643,469
Nov 1,786,254
Dec 2,242,682
Percent of budget expended 58.52%
$‐
$0.40
$0.80
$1.20
$1.60
$2.00
$2.40 Budget
Actual
Last Year
Page 27 of 38
City of Renton
Monthly Expenditure Analysis ‐ 2013 Budget Year
City Clerk Budget
YTD
Actual
Annual %
over (under)
Jan 72,010 61,226 ‐14.97%
Feb 144,148 123,564 ‐14.28%
Mar 223,753 202,364 ‐9.56%
Apr 361,399 277,252 ‐23.28%
May 435,793 581,575 33.45%
Jun 507,931 636,188 25.25%
Jul 710,263 692,263 ‐2.53%
Aug 788,236 765,703 ‐2.86%
Sep 863,409
Oct 937,218
Nov 1,017,649
Dec 1,101,505
Percent of budget expended 69.51%
Includes Hearing Examiner
Human YTD Annual % $1 00
Millions Human Resources
$‐
$0.20
$0.40
$0.60
$0.80
$1.00
$1.20
Millions City Clerk
Budget
Actual
Last Year
Resources Budget Actual over (under)
Jan 83,400 64,230 ‐22.99%
Feb 161,123 134,784 ‐16.35%
Mar 240,261 212,385 ‐11.60%
Apr 311,770 288,203 ‐7.56%
May 382,831 357,200 ‐6.70%
Jun 469,447 439,470 ‐6.39%
Jul 552,148 510,868 ‐7.48%
Aug 635,001 583,333 ‐8.14%
Sep 713,975
Oct 797,946
Nov 885,037
Dec 977,094
Percent of budget expended 59.70%
$‐
$0.20
$0.40
$0.60
$0.80
$1.00
Budget
Actual
Last Year
Page 28 of 38
City of Renton
Monthly Expenditure Analysis ‐ 2013 Budget Year
Police Budget
YTD
Actual
Annual %
over (under)
Jan 2,428,964 2,521,995 3.83%
Feb 4,822,823 4,737,466 ‐1.77%
Mar 7,238,322 7,196,803 ‐0.57%
Apr 9,709,330 9,460,145 ‐2.57%
May 11,923,689 11,645,035 ‐2.34%
Jun 14,548,208 14,265,277 ‐1.94%
Jul 17,149,272 16,827,604 ‐1.88%
Aug 19,396,212 19,071,306 ‐1.68%
Sep 21,761,108
Oct 24,138,751
Nov 26,546,714
Dec 29,129,201
Percent of budget expended 65.47%
Fire &
Emergency YTD Annual %
$‐
$3
$6
$9
$12
$15
$18
$21
$24
$27
$30
Millions Police
Budget
Actual
Last Year
$24
Millions Fire & Emergency Services
Services Budget Actual over (under)
Jan 1,889,418 2,045,002 8.23%
Feb 4,533,817 4,729,656 4.32%
Mar 6,447,897 6,673,347 3.50%
Apr 8,338,322 8,636,731 3.58%
May 10,511,037 10,518,427 0.07%
Jun 12,419,816 12,459,420 0.32%
Jul 14,337,761 14,457,407 0.83%
Aug 16,384,640 16,390,199 0.03%
Sep 18,359,431
Oct 20,275,751
Nov 22,207,188
Dec 24,197,056
Percent of budget expended 67.74%
$‐
$3
$6
$9
$12
$15
$18
$21
$24
Budget
Actual
Last Year
Page 29 of 38
City of Renton
Monthly Expenditure Analysis ‐ 2013 Budget Year
Community
Services Admin Budget
YTD
Actual
Annual %
over (under)
Jan 38,606 37,025 ‐4.09%
Feb 74,909 74,364 ‐0.73%
Mar 111,787 111,667 ‐0.11%
Apr 148,344 150,854 1.69%
May 185,868 187,590 0.93%
Jun 222,528 225,313 1.25%
Jul 259,410 262,830 1.32%
Aug 295,998 299,975 1.34%
Sep 332,176
Oct 367,946
Nov 405,451
Dec 450,911
Percent of budget expended 66.53%
YTD Annual % $4 50
Millions Parks
$‐
$0.05
$0.10
$0.15
$0.20
$0.25
$0.30
$0.35
$0.40
$0.45
$0.50
Millions Community Services Admin
Budget
Actual
Last Year
Parks Budget Actual over (under)
Jan 284,059 269,811 ‐5.02%
Feb 571,759 563,088 ‐1.52%
Mar 881,042 851,150 ‐3.39%
Apr 1,213,451 1,192,965 ‐1.69%
May 1,544,269 1,515,905 ‐1.84%
Jun 1,894,848 1,862,252 ‐1.72%
Jul 2,261,158 2,236,956 ‐1.07%
Aug 2,638,492 2,631,293 ‐0.27%
Sep 3,030,537
Oct 3,420,829
Nov 3,789,095
Dec 4,153,621
Percent of budget expended 63.35%
$‐
$0.50
$1.00
$1.50
$2.00
$2.50
$3.00
$3.50
$4.00
$4.50 Budget
Actual
Last Year
Page 30 of 38
City of Renton
Monthly Expenditure Analysis ‐ 2013 Budget Year
Parks Planning
and Natural
Resources Budget
YTD
Actual
Annual %
over (under)
Jan 58,219 42,639 ‐26.76%
Feb 117,758 88,359 ‐24.97%
Mar 193,484 142,461 ‐26.37%
Apr 264,742 196,871 ‐25.64%
May 353,686 258,947 ‐26.79%
Jun 439,691 310,633 ‐29.35%
Jul 513,977 370,751 ‐27.87%
Aug 589,503 428,676 ‐27.28%
Sep 673,988
Oct 766,574
Nov 852,923
Dec 934,005
Percent of budget expended 45.90%
YTD Annual %
$‐
$0.10
$0.20
$0.30
$0.40
$0.50
$0.60
$0.70
$0.80
$0.90
$1.00
Millions Parks Planning and Natural Resources
Budget
Actual
Last Year
$6
Millions Recreation
Recreation Budget Actual over (under)
Jan 343,076 305,989 ‐10.81%
Feb 697,923 650,023 ‐6.86%
Mar 1,060,652 1,002,907 ‐5.44%
Apr 1,435,547 1,371,571 ‐4.46%
May 1,810,378 1,698,203 ‐6.20%
Jun 2,195,700 2,075,334 ‐5.48%
Jul 2,787,526 2,696,025 ‐3.28%
Aug 3,446,454 3,343,858 ‐2.98%
Sep 3,960,958
Oct 4,343,623
Nov 4,714,526
Dec 5,130,300
Percent of budget expended 65.18%
$‐
$1
$2
$3
$4
$5
$6
Budget
Actual
Last Year
Page 31 of 38
City of Renton
Monthly Expenditure Analysis ‐ 2013 Budget Year
Human
Services Budget
YTD
Actual
Annual %
over (under)
Jan 55,141 45,984 ‐16.61%
Feb 122,303 128,054 4.70%
Mar 217,326 218,002 0.31%
Apr 381,767 340,261 ‐10.87%
May 479,318 431,038 ‐10.07%
Jun 542,375 496,606 ‐8.44%
Jul 674,923 628,351 ‐6.90%
Aug 744,460 695,514 ‐6.57%
Sep 805,315
Oct 959,873
Nov 1,030,967
Dec 1,196,052
Percent of budget expended 58.15%
Neighborhoods
, Resources, YTD Annual %
$‐
$0.20
$0.40
$0.60
$0.80
$1.00
$1.20
Millions Human Services
Budget
Actual
Last Year
$1 00
Millions Neighborhoods, Resources, and Events
and Events Budget Actual over (under)
Jan 55,854 56,917 1.90%
Feb 109,166 108,774 ‐0.36%
Mar 172,916 171,351 ‐0.91%
Apr 236,903 231,744 ‐2.18%
May 298,441 288,076 ‐3.47%
Jun 378,699 362,006 ‐4.41%
Jul 470,110 447,998 ‐4.70%
Aug 555,842 518,531 ‐6.71%
Sep 632,165
Oct 703,188
Nov 803,370
Dec 914,955
Percent of budget expended 56.67%
$‐
$0.10
$0.20
$0.30
$0.40
$0.50
$0.60
$0.70
$0.80
$0.90
$1.00
Budget
Actual
Last Year
Page 32 of 38
City of Renton
Monthly Expenditure Analysis ‐ 2013 Budget Year
Library Fund Budget
YTD
Actual
Annual %
over (under)
Jan ‐ ‐ N/A
Feb ‐ ‐ N/A
Mar ‐ ‐ N/A
Apr ‐ ‐ N/A
May ‐ ‐ N/A
Jun ‐ ‐ N/A
Jul ‐ ‐ N/A
Aug ‐ ‐ N/A
Sep ‐
Oct ‐
Nov ‐
Dec ‐
Percent of budget expended N/A
YTD Annual %
$‐
$0.05
$0.10
$0.15
$0.20
$0.25
$0.30
Millions Library Fund
Budget
Actual
Last Year
$240 000
Museum Fund
Museum Fund Budget Actual over (under)
Jan 17,250 16,898 ‐2.04%
Feb 34,747 34,090 ‐1.89%
Mar 52,190 51,213 ‐1.87%
Apr 69,816 69,807 ‐0.01%
May 87,358 87,136 ‐0.25%
Jun 105,057 104,728 ‐0.31%
Jul 122,568 122,060 ‐0.41%
Aug 140,200 139,638 ‐0.40%
Sep 158,058
Oct 175,778
Nov 193,585
Dec 211,080
Percent of budget expended 66.15%
$‐
$30,000
$60,000
$90,000
$120,000
$150,000
$180,000
$210,000
$240,000
Budget
Actual
Last Year
Page 33 of 38
City of Renton
Monthly Expenditure Analysis ‐ 2013 Budget Year
Public Works
Admin Budget
YTD
Actual
Annual %
over (under)
Jan 40,394 39,971 ‐1.05%
Feb 80,618 79,912 ‐0.88%
Mar 120,971 119,866 ‐0.91%
Apr 161,356 163,297 1.20%
May 201,472 202,081 0.30%
Jun 241,508 237,314 ‐1.74%
Jul 281,724 269,323 ‐4.40%
Aug 322,247 301,882 ‐6.32%
Sep 363,226
Oct 402,909
Nov 442,662
Dec 483,035
Percent of budget expended 62.50%
Street YTD Annual %
$‐
$50,000
$100,000
$150,000
$200,000
$250,000
$300,000
$350,000
$400,000
$450,000
$500,000
Public Works Admin
Budget
Actual
Last Year
$5 00
Millions Street Maintenance
Maintenance Budget Actual over (under)
Jan 333,344 302,270 ‐9.32%
Feb 713,983 641,518 ‐10.15%
Mar 1,077,703 937,528 ‐13.01%
Apr 1,405,768 1,294,196 ‐7.94%
May 1,756,371 1,600,743 ‐8.86%
Jun 2,128,477 1,924,036 ‐9.61%
Jul 2,485,951 2,229,390 ‐10.32%
Aug 2,826,956 2,532,782 ‐10.41%
Sep 3,174,309
Oct 3,531,791
Nov 3,898,668
Dec 4,294,894
Percent of budget expended 58.97%
$‐
$0.50
$1.00
$1.50
$2.00
$2.50
$3.00
$3.50
$4.00
$4.50
$5.00
Budget
Actual
Last Year
Page 34 of 38
City of Renton
Monthly Expenditure Analysis ‐ 2013 Budget Year
Transportation Budget
YTD
Actual
Annual %
over (under)
Jan 299,590 311,908 4.11%
Feb 677,729 670,659 ‐1.04%
Mar 1,055,244 1,074,529 1.83%
Apr 1,434,200 1,512,690 5.47%
May 1,803,617 1,819,302 0.87%
Jun 2,165,731 2,113,464 ‐2.41%
Jul 2,562,459 2,490,033 ‐2.83%
Aug 2,933,871 2,933,793 0.00%
Sep 3,312,264
Oct 3,700,291
Nov 4,085,694
Dec 4,579,081
Percent of budget expended 64.07%
YTD Annual % $10
Millions Debt Service
$0.0
$0.5
$1.0
$1.5
$2.0
$2.5
$3.0
$3.5
$4.0
$4.5
$5.0
Millions Transportation
Budget
Actual
Last Year
Debt Service Budget Actual over (under)
Jan ‐ ‐ N/A
Feb 250,317 250,317 0.00%
Mar 250,317 250,317 0.00%
Apr 835,676 835,676 0.00%
May 835,676 835,676 0.00%
Jun 1,776,589 1,776,589 0.00%
Jul 1,808,239 1,808,239 0.00%
Aug 2,058,556 2,058,556 0.00%
Sep 6,025,712
Oct 6,695,236
Nov 7,364,759
Dec 8,034,283
Percent of budget expended 25.62%
$‐
$1
$2
$3
$4
$5
$6
$7
$8
$9
$10
Budget
Actual
Last Year
Page 35 of 38
City of Renton
Monthly Expenditure Analysis ‐ 2013 Budget Year
Non‐
Departmental
Other City Budget
YTD
Actual
Annual %
over (under)
Jan 355,512 355,512 0.00%
Feb 862,677 862,677 0.00%
Mar 1,009,438 1,009,438 0.00%
Apr 1,221,630 1,221,630 0.00%
May 2,385,254 2,385,254 0.00%
Jun 2,587,016 2,587,016 0.00%
Jul 2,740,276 2,740,276 0.00%
Aug 2,950,337 2,950,337 0.00%
Sep 4,231,013
Oct 4,701,125
Nov 5,171,238
Dec 5,641,350
Percent of budget expended 52.30%
$‐
$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 Non‐Departmental Other City Services
Budget
Actual
Last Year
Page 36 of 38
City of Renton
Monthly Enterprise Fund Financial Report ‐ 2013 Budget Year
Utilities Budget Revenue Expense
Jan 3,829,376 5,451,016 3,091,235
Feb 8,589,616 10,484,839 7,162,971
Mar 13,047,174 16,704,949 12,742,494
Apr 17,968,338 21,897,618 17,525,965
May 22,562,679 27,540,401 22,717,408
Jun 29,148,341 33,144,751 28,759,364
Jul 35,053,685 39,459,369 34,603,156
Aug 40,236,656 46,050,162 39,527,809
Sep 45,248,315
Oct 51,131,985
Nov 56,094,010
Dec 76,780,407
Percent of budget expended 53.44%
Note: Operations and Capital
$0
$10
$20
$30
$40
$50
$60
$70
$80
$90
Millions Utilities
Budget
Revenue
Expense
$25 00
Millions Airport
Airport Budget Revenue Expense
Jan 952,240 197,380 132,655
Feb 2,122,025 816,583 272,568
Mar 3,125,407 1,033,561 551,940
Apr 4,353,586 1,326,892 679,773
May 5,959,035 1,542,344 1,344,469
Jun 8,128,195 2,240,528 2,131,340
Jul 9,129,859 3,029,040 3,486,489
Aug 10,602,682 4,424,167 7,184,207
Sep 11,598,621
Oct 13,711,677
Nov 14,718,494
Dec 19,082,957
Percent of budget expended 37.65%
Note: Operations and Capital
$‐
$5.00
$10.00
$15.00
$20.00
$25.00
Budget
Revenue
Expense
Page 37 of 38
City of Renton
Monthly Enterprise Fund Financial Report ‐ 2013 Budget Year
Golf Course Budget Revenue Expense
Jan 138,483 59,391 129,801
Feb 283,549 161,197 254,957
Mar 587,345 291,654 404,017
Apr 749,859 505,367 579,467
May 958,900 747,089 721,090
Jun 1,133,021 1,010,936 914,581
Jul 1,331,819 1,404,992 1,099,310
Aug 1,513,051 1,694,229 1,422,736
Sep 1,688,936
Oct 1,864,635
Nov 2,024,142
Dec 2,632,848
Percent of budget expended 54.04%
Note: Operations and Capital
$‐
$0.30
$0.60
$0.90
$1.20
$1.50
$1.80
$2.10
$2.40
$2.70
$3.00
Millions Golf Course
Budget
Revenue
Expense
Page 38 of 38