HomeMy WebLinkAbout201310, October.pdfADMINISTRATIVE SERVICES
DEPARTMENT
M E M O R A N D U M
DATE: December 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: October 2013 Financial Status Report
At the end of October, general governmental revenues show $6 million or 7.4% over budget.
This is due to the timing of property tax collections recorded in October. If we remove the $3.1
million favourable property tax variance, the City is $2.9 million or 3.6% over budget. Revenues
sources that are higher than expected are: sales tax ($1.5 million); sales tax annexation credit
($266k); real estate excise tax ($128k); building permits & development service fees ($801k);
state shared revenues ($412k); public safety services ($271k); interfund services ($253k); rents,
leases, and concessions ($111k); and other miscellaneous ($188k). On the down side, the
revenue sources that are underperforming the year to date budget are: utility taxes ($419k
below); gambling taxes ($234k below); culture/recreation services ($116k below);
fines/penalties ($172k below) and seizure funds ($116k below, restricted to drug enforcement
only and is not available for general operating purposes).
General government expenditures showed a favorable variance of $1.8 million or 2.2%. See
page 9 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 24,730,752 33,466,364 27,977,440 31,741,366 24,590,798 27,701,144 3,110,346 12.6%
Sales Tax 17,729,731 14,796,945 18,564,670 15,230,341 18,604,000 15,422,016 16,927,535 1,505,519 9.8%
Sales Tax ‐ Annexation Credit 2,033,954 1,685,852 2,208,492 1,813,119 2,119,680 1,740,206 2,006,613 266,407 15.3%
Criminal Justice Sales Tax 1,809,757 1,511,674 1,924,470 1,582,396 1,932,500 1,588,999 1,721,818 132,818 8.4%
Natural Gas Use Tax 249,407 219,454 272,530 247,977 300,000 263,971 227,320 (36,650) ‐13.9%
Admission Tax 308,200 308,200 311,054 309,809 308,000 306,768 325,916 19,148 6.2%
Franchise Fees 1,234,448 1,187,337 1,262,188 1,213,993 1,260,000 1,211,889 1,264,244 52,355 4.3%
Electricity Tax 5,166,711 4,253,979 5,211,111 4,310,830 5,468,000 4,523,339 4,302,956 (220,382) ‐4.9%
Natural Gas Utility Tax 1,848,806 1,529,264 1,669,967 1,399,177 1,656,000 1,387,475 1,262,093 (125,382) ‐9.0%
Transfer Station 297,474 229,158 330,607 262,775 300,000 238,448 336,236 97,787 41.0%
TV Cable 1,385,275 1,136,842 1,423,664 1,171,936 1,477,648 1,216,375 1,224,145 7,770 0.6%
Telephone 966,827 806,570 1,056,420 813,315 1,000,000 769,879 751,176 (18,703) ‐2.4%
Cellular Phone 2,054,183 1,759,414 2,183,853 1,833,559 2,200,000 1,847,116 1,613,009 (234,107) ‐12.7%
City Utilities 3,516,179 2,956,654 3,806,281 3,190,191 3,849,014 3,226,007 3,336,303 110,296 3.4%
Leasehold Excise Tax 162,593 123,748 158,849 120,295 145,000 109,807 124,288 14,481 13.2%
Gambling Excise Tax 1,671,414 1,361,499 1,691,209 1,360,838 1,600,000 1,287,446 1,053,349 (234,097) ‐18.2%
Real Estate Excise Tax 2,074,059 1,572,835 2,811,902 2,190,857 2,600,000 2,412,407 2,540,858 128,452 5.3%
Less: Municipal Facilities CIP REET (400,000) (280,863) (943,792) (479,521) (500,000) (488,641) (488,641) ‐ 0.0%
EMS Levy 868,873 727,762 885,781 442,891 900,000 687,271 687,271 ‐ 0.0%
Business License Fees 442,451 421,473 444,680 428,824 533,067 514,060 486,214 (27,846) ‐5.4%
Animal Licenses and Spec Events Permits 232,534 158,673 242,668 197,694 90,000 80,574 89,105 8,531 10.6%
Building Permits & Development Svc Fees 2,772,779 2,327,048 3,401,537 2,714,841 3,123,413 2,460,061 3,261,353 801,292 32.6%
Intergovt'l (Grants, State Shared, etc) 4,737,323 3,576,821 4,593,185 3,940,629 3,471,505 3,045,885 3,324,988 279,103 9.2%
Fire District 25 and 40 Contracts 6,110,668 3,877,364 6,155,621 3,873,531 5,865,056 3,635,801 3,635,801 ‐ 0.0%
Public Safety 484,985 395,894 485,899 391,266 380,229 306,176 577,592 271,416 88.6%
Culture and Recreation 1,493,540 1,367,121 1,494,165 1,367,834 1,618,486 1,481,644 1,365,914 (115,730) ‐7.8%
Interfund/Interdept‐Services 3,070,506 2,494,993 3,311,715 2,738,728 3,313,830 2,761,525 3,014,422 252,897 9.2%
Fines and Penalties 1,163,602 893,279 1,046,246 801,543 1,108,500 850,571 881,515 30,944 3.6%
Photo Enforcement 1,897,782 1,510,396 1,976,203 1,639,547 1,950,000 1,617,808 1,414,949 (202,859) ‐12.5%
Seizure Funds ‐ Federal/State/Local 83,220 80,903 37,941 31,767 180,693 151,290 34,876 (116,414) ‐76.9%
Interests and Other Earnings 107,183 84,753 342,424 82,703 745,300 180,007 88,505 (91,501) ‐50.8%
Rents, Leases, and Concessions 744,834 649,692 822,428 718,136 650,929 568,384 678,916 110,532 19.4%
Contributions and Donations 196,586 181,300 124,082 118,098 93,100 88,610 76,970 (11,640) ‐13.1%
Other Miscellaneous 529,147 380,209 564,571 429,160 516,369 399,015 587,161 188,146 47.2%
Other Financing Sources (Transfer‐In, etc) 1,073,507 698,929 5,118,188 162,266 254,868 8,079 24,292 16,213 200.7%
Total Operating Revenues 100,476,431 79,715,923 108,457,170 84,628,784 100,856,553 80,491,064 86,460,206 5,969,142 7.4%
OPERATING EXPENDITURES
Council 271,236 226,026 278,768 231,423 290,291 241,441 239,890 1,551 0.6%
Executive 1,566,906 1,256,119 1,377,109 1,113,782 1,322,364 1,064,489 1,023,885 40,605 3.8%
City Attorney 1,596,609 1,320,953 1,706,320 1,426,459 1,915,103 1,593,003 1,460,487 132,516 8.3%
Court Services 2,084,170 1,729,013 2,074,980 1,728,593 2,026,149 1,684,389 1,633,316 51,073 3.0%
Community and Eco Dvlpmnt Admin 929,814 775,550 942,071 784,676 1,020,208 850,349 858,042 (7,694) ‐0.9%
Development Services 2,810,736 2,342,934 3,103,568 2,554,601 3,358,299 2,780,951 2,704,130 76,821 2.8%
Economic Development 659,981 551,565 529,043 434,361 570,280 472,869 380,375 92,495 19.6%
Planning 1,447,781 1,200,417 1,482,233 1,231,243 1,541,592 1,279,389 1,256,275 23,114 1.8%
Finance 2,134,667 1,564,657 2,221,882 1,627,884 2,242,682 1,643,469 1,649,170 (5,701) ‐0.3%
City Clerk1 796,758 676,274 997,434 850,318 1,101,505 937,218 894,171 43,047 4.6%
Human Resources 888,252 714,653 937,412 776,279 977,094 797,946 733,652 64,294 8.1%
Police 24,737,346 20,539,728 25,004,580 20,646,141 25,379,201 21,013,751 20,673,976 339,776 1.6%
Jail Services 6,206,735 2,878,331 3,489,616 2,907,126 3,750,000 3,178,371 3,178,371 ‐ 0.0%
Fire 22,511,597 18,890,028 24,173,315 20,229,262 24,197,056 20,275,751 20,390,546 (114,796) ‐0.6%
Community Services Admin 416,284 340,122 434,558 354,172 450,911 367,946 373,747 (5,801) ‐1.6%
Parks 3,829,676 3,168,880 4,004,054 3,282,805 4,153,621 3,420,829 3,373,623 47,206 1.4%
Parks Planning & Natural Resources 551,423 455,741 577,934 471,166 934,005 766,574 545,724 220,850 28.8%
Recreation 4,974,002 4,226,441 4,982,229 4,203,108 5,130,300 4,343,623 4,151,697 191,926 4.4%
Human Services 1,247,294 1,010,405 1,193,871 948,716 1,196,052 959,873 883,276 76,597 8.0%
Neighborhoods, Resources, & Events 675,534 517,299 701,673 541,153 914,955 703,188 638,898 64,291 9.1%
Library 2,030,000 2,025,119 278,604 273,606 ‐ ‐ ‐ ‐ 0.0%
Museum 210,620 175,314 216,887 180,695 211,080 175,778 174,718 1,060 0.6%
Public Works Admin 452,538 376,995 470,051 392,554 483,035 402,909 364,742 38,167 9.5%
Street Maintenance 3,534,025 2,940,646 3,755,640 3,053,814 4,294,894 3,531,791 3,185,461 346,330 9.8%
Transportation 4,509,066 3,673,999 4,615,160 3,699,159 4,579,081 3,700,291 3,582,655 117,636 3.2%
Debt Service 4,822,566 1,398,850 9,752,337 2,747,599 8,034,283 3,562,890 3,562,890 ‐ 0.0%
Non ‐Departmental and Other 4,930,383 4,472,604 4,637,555 2,519,291 5,641,350 3,363,972 3,363,972 ‐ 0.0%
Total Operating Expenditures 100,825,999 79,448,662 103,938,882 79,209,986 105,715,391 83,113,053 81,277,689 1,835,363 2.2%
Total Ending Fund Balance 11,057,551$ 11,674,380$ 15,575,840$ 16,476,349$ 10,717,001$ 12,953,851$ 20,758,356$ 7,804,505$ 60.2%
1Hearing Examiner is reported under City Clerk
Summary of Sources and Uses Annual Actual YTD Actual Favorable (Unfavorable)
2011 2012 2013 Variance
Annual Actual YTD Actual Annual Budget YTD Budget YTD Actual
Monthly Financial Report October 2013
Page 1 of 37
Monthly Financial Report October 2013
OVERVIEW
This financial overview reflects the City’s overall financial position for the fiscal year through October 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 75% of
all resources supporting general governmental activities. The following section provides detail information on property,
sales, utility, and other taxes.
Property Tax
October’s collection is $10.1 million,
making the total year‐to‐date collection
$27.7 million or 87.3% of the total
budget. In comparison to the previous
year, the City collected $407k or 4%
more. Compared to the budget, the City
is above projections by $2.7 million or
37%. 2013’s monthly budgets are based
on 2010 through 2012 collections. The
variance from the monthly budget is due
the timing of collections. Based on what
we have collected so far through
November ($4.7 million), the City has
exceeded the budget.
Sales Tax
October 2013 sales tax receipts totalled
$1.8 million. Compared with the same
month last year, it is $129k or 8% more.
Compared to the projected current
month’s budget, it is $202k or 13% above.
The year‐to‐date collection of $16.9
million is $1.7 million or 11% more than
the prior year and is also $1.5 million or
10% 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 $656k of the
budget variance. Another item is a 1‐
time audit correction in the
manufacturing sector for 2012 that
reduced activity in 2012 by $131k. If we remove all of these items, we are $910k or 6% over 2012 and $849k or 6% 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 545,753 415,826 548,071 2,319 0% 132,245 32%
Oct 9,734,384 7,408,344 10,140,892 406,508 4% 2,732,549 37%
Nov 5,123,725 6,825,452
Dec 365,200 325,116
YTD Total 27,977,440$ 24,590,798$ 27,701,144$ (276,296)$ ‐1% 3,110,346$ 13%
Annual Total 33,466,364$ 31,741,366$
Property Tax Revenues
Year to Date through October
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 1,741,262 268,697 18% 233,056 15%
Oct 1,660,941 1,588,803 1,790,411 129,470 8% 201,608 13%
Nov 1,709,049 1,622,090 ‐
Dec 1,625,280 1,559,893 ‐
YTD Total 15,230,341$ 15,422,016$ 16,927,535$ 1,697,194$ 11% 1,505,519$ 10%
Annual Total 18,564,670$ 18,604,000$
2013 vs. Budget2013 vs. 2012
Month
Year to Date through October
Local Retail Sales Tax Revenues
Page 2 of 37
Monthly Financial Report October 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 1,412,496$ 1,493,499$ 2,254,177$ 841,682$ 60%$ 760,678 51%
Auto Sales 2,796,261 2,808,811 3,150,146 353,885 13% 341,335 12%
General Retail 5,376,059 5,439,708 5,476,369 100,310 2% 36,662 1%
Manufacturing 855,748 851,106 1,023,272 167,524 20% 172,165 20%
Wholesale 961,142 978,693 953,034 (8,108) ‐1% (25,659)‐3%
Service 3,471,139 3,508,888 3,635,442 164,303 5% 126,554 4%
Other 357,497 341,311 435,095 77,598 22% 93,783 27%
YTD Total 15,230,341$ 15,422,016$ 16,927,535$ 1,697,194$ 11%1,505,519$ 10%
Note: Excludes Annexation Credit and Criminal Justice Sales Tax revenue.
Utility tax
October utility tax revenues are $1.1
million, which is $54k or 5% lower
than the same month last year and is
also behind the budget by $81k or 7%.
The year‐to‐date collection is $13.1
million, which is $177k or 1% lower
than the prior year and is also $419k
or 3% 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 therefore we are projecting a combined unfavorable variance of $345k 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 $236k or 7%).
Utility Tax by Type 2012 2013 Bgt YTD Act Change 2013/2012 2013 Act vs Bgt
Electrical 4,310,830$ 4,523,339$ 4,302,956$ (7,874)$ 0%$ (220,382)‐5%
Natural Gas 1,647,154 1,651,446 1,489,413 (157,741) ‐10% (162,033)‐10%
Cell 1,833,559 1,847,116 1,613,009 (220,550) ‐12% (234,107)‐13%
Phone 813,315 769,879 751,176 (62,139) ‐8% (18,703)‐2%
Cable 1,171,936 1,216,375 1,224,145 52,209 4% 7,770 1%
Transfer Station 262,775 238,448 336,236 73,461 28% 97,787 41%
City Utilities 3,190,191 3,226,007 3,336,303 146,112 5% 110,296 3%
YTD Total 13,229,760$ 13,472,609$ 13,053,238$ (176,522)$ ‐1%(419,371)$ ‐3%
Annual Total 15,954,432$ 16,250,662$
YTD as % of 83% 83%
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 1,433,293 132,136 10% 100,985 8%
Oct 1,126,772 1,153,538 1,072,773 (53,999) ‐5% (80,766) ‐7%
Nov 1,196,932 1,213,641
Dec 1,527,740 1,564,412
YTD Total 13,229,760$ 13,472,609$ 13,053,238$ (176,522)$ ‐1% (419,371)$ ‐3%
Annual Total 15,954,432$ 16,250,662$
2013 vs. Budget2013 vs. 2012
Year to Date through October
Utility Tax Revenues
Month
Page 3 of 37
Monthly Financial Report October 2013
Other Taxes
Real Estate Excise Tax
The City collected $273k in Real Estate
Excise Tax revenues (REET) for October.
This is $53k or 16% below the same
month last year and is also $21k or 7%
less than the current month’s budget.
The year‐to‐date collection is $2.5 million,
which is $350k or 19% more than the
prior year and is also $128k or 5% above
the budget. The City is projecting REET to
meet the budget at year‐end.
Gambling Tax
October’s Gambling Tax collections
totalled $112k, which is $25k or 28%
above the same month last year and
is also $29k or 35% above the current
month’s budget. The year‐to‐date
total of $1.1 million is $307k or 23%
below the year before and is also
$234k or 18% below budget. The
decline in revenue is mainly due to
payment plans with two (2)
establishments that will be paid in full
by March 2015. The City is also
seeing a decline in overall activity.
Pull tabs overall had a 2% decrease,
bingo decreased by 10%, and card‐
rooms are seeing 39% lower in activities when compared to the prior year.
Franchise Fees
Franchise Fees are due quarterly
and the year‐to‐date revenue
collections are $1.3 million or 100%
of the budget. This is $50k or 4%
higher than the prior year and is
also $52k or 4% above the
projected year‐to‐date budget. The
City has exceeded the budget for
Franchise Fees.
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 173,212 205,159 254,318 81,106 47% 49,160 24%
Oct 326,027 293,997 272,776 (53,251) ‐16% (21,221) ‐7%
Nov 370,123 132,874
Dec 250,922 54,719
YTD Total 2,126,819$ 2,412,407$ 2,540,858$ 350,001$ 19% 128,452$ 5%
Annual Total 2,811,902$ 2,600,000$
Real Estate Excise Tax Revenues
Year to Date through October
Month
2013 vs. Budget2013 vs. 2012
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 162,540 153,774 116,204 (46,336) ‐29% (37,570) ‐24%
Oct 87,494 82,776 112,141 24,647 28% 29,365 35%
Nov 177,352 167,787 ‐
Dec 153,019 144,767 ‐
YTD Total 1,360,838$ 1,287,446$ 1,053,349$ (307,489)$ ‐23% (234,097)$ ‐18%
Annual Total 1,691,209$ 1,600,000$
Year to Date through October
2013 vs. 2012 2013 vs. Budget
Gambling Tax Revenue
Month
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 309,001 308,466 321,202 12,200 4% 12,736 4%
Dec 48,195 48,111 ‐
YTD Total 1,213,993$ 1,211,889$ 1,264,244$ 50,251$ 4% 52,355$ 4%
Annual Total 1,262,188$ 1,260,000$
Month
2013 vs. 2012 2013 vs. Budget
Franchise Fees Revenue
Year to Date through October
Page 4 of 37
Monthly Financial Report October 2013
Admission Tax
Admission Tax returns are due
quarterly in January, April, July, and
October of each year. October 2013
collections represent activities
conducted during the 3rd quarter of
2013. The year‐to‐date collection of
$326k is $17k or 5% more than the
prior year and is also $20k or 6% more
than the budget. The City has
exceeded the budget for Admissions
Tax.
Licenses and Permits
Building Permits and Development
Service Fees
Building Permits and Development
Service Fee revenues totalled $440k in
October. The year‐to‐date development
fees revenue of $3.3 million is $630k or
24% more than the year before and is
also $801k or 33% 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 has exceeded the budget for Building
Permits and Development Services Fees.
Business Licenses
Business Licenses totalled $110k for October,
which is $10k or 10% above the same month
last year but is $9k or 8% below the current
month’s budget. The year‐to‐date Business
Licenses revenue of $486k is $57k or 13%
above the prior year but is $28k 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 151,891$ 150,030$ 327,644$ 175,754$ 116% 177,614$ 118%
Feb 185,509 182,234 230,104 44,595 24% 47,870 26%
Mar 253,914 237,278 305,160 51,246 20% 67,882 29%
Apr 249,923 243,068 367,285 117,362 47% 124,217 51%
May 277,438 236,982 386,795 109,358 39% 149,814 63%
Jun 284,208 245,409 293,386 9,178 3% 47,977 20%
Jul 292,686 278,792 315,496 22,809 8% 36,703 13%
Aug 360,657 347,350 340,335 (20,322) ‐6% (7,014) ‐2%
Sep 174,587 154,690 254,869 80,281 46% 100,179 65%
Oct 400,995 384,228 440,279 39,284 10% 56,051 15%
Nov 271,519 262,232
Dec 406,375 401,120
YTD Total 2,631,808$ 2,460,061$ 3,261,353$ 629,545$ 24% 801,292$ 33%
Annual Total 3,309,702$ 3,123,413$
Building Permits and Development Service Fees
Year to Date through October
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 4,236 1,039 32% 403 11%
Oct 99,644 119,450 109,998 10,354 10% (9,452) ‐8%
Nov 12,484 14,965 ‐
Dec 3,372 4,042 ‐
YTD Total 428,824$ 514,060$ 486,214$ 57,390$ 13% (27,846)$ ‐5%
Annual Total 444,680$ 533,067$
2013 vs. 2012
Year to Date through October
2013 vs. Budget
Business Licenses
Month
2012 2013 2013
ActualBudgetActual$%$%
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 85,616 11,615 16% 12,342 17%
Dec 1,244 1,232 ‐
YTD Total 309,809$ 306,768$ 325,916$ 17,041$ 5% 20,073$ 6%
Annual Total 311,054$ 308,000$
Month
2013 vs. 2012 2013 vs. Budget
Admission Tax Revenue
Year to Date through October
Page 5 of 37
Monthly Financial Report October 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 87% of the total
revenues in this category. The year‐to‐date total Intergovernmental revenue is $8.7 million or 77% of the budget.
State Shared Revenues
State Shared Revenue
collections totalled $3.9 million
since the start of the year.
Compared to the prior year,
State Shared Revenues are
below by $140k or 3%.
Compared to the projected
budget, the City is collecting
$412k or 12% 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 69% of the total revenue in this category. The year‐to‐date total charges for services are $6.3 million or 97% of
the budget. This is 15% above budget projections. The following sections provide detail information for Public Safety,
Recreation, and Interfund Services.
2012 2013 2013
Actual Budget Actual $ % $ %
Crim Just Sales Tax 1,582,396$ 1,588,999$ 1,721,818$ 139,421$ 9% 132,818$ 8%
Judicial Contribution 22,632 22,500 22,796 164 1% 296 1%
Crim Just ‐ High Crime 196,270 ‐ 229,636 33,366 17% 229,636 100%
Crim Just ‐ Pop 20,976 ‐ 22,656 1,680 8% 22,656 100%
Crim Just ‐ Spec Prog 78,864 90,000 84,328 5,465 7% (5,672) ‐6%
State DUI 17,397 18,000 17,116 (281) ‐2% (884) ‐5%
Liquor Profits 717,552 494,451 635,103 (82,449) ‐11% 140,651 28%
Liquor Excise Tax 342,495 220,000 63,108 (279,387) ‐82% (156,892) ‐71%
Fuel Tax 1,071,224 1,064,329 1,113,641 42,417 4% 49,312 5%
YTD Total 4,049,806$ 3,498,279$ 3,910,201$ (139,605)$ ‐3% 411,922$ 12%
Annual Total 4,825,202$ 4,208,000$
Year to Date through October
State Shared Revenues
2013 vs. 2012
Revenue
2013 vs. Budget
Intergovernmental 2012 2013 Bgt YTD Act Change 2013/2012 2013 Act vs Bgt
Fire District #25 1,345,623$ 1,157,089$ 1,157,089$ (188,534)$ ‐14% $ ‐ 0%
Fire District #40 2,527,908 2,478,712 2,478,712 (49,196) ‐2%‐ 0%
State Shared Revenue 4,049,806 3,498,279 3,910,201 (139,605) ‐3% 411,922 12%
Federal Grants 837,888 927,130 927,130 89,242 11%‐ 0%
State Grants 122,060 63,711 63,711 (58,349) ‐48%‐ 0%
Other Grants/Intgovt 119,280 30,972 30,972 (88,308) ‐74%‐ 0%
ARRA Grants 393,992 114,792 114,792 (279,201) ‐71%‐ 0%
Total Rev YTD 9,396,556$ 8,270,685$ 8,682,607$ (713,949)$ ‐8%411,922$ 5%
Total Rev Annual 12,673,276$ 11,269,061$
YTD % 74% 73% 77%
Note: Includes CJ Sales Tax and FD25 & FD40 contracts
Page 6 of 37
Monthly Financial Report October 2013
Public Safety Services
Public Safety Services totalled $578k 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 $186k or 48% more. Compared to
the year‐to‐date budget, the City is $271k or
89% 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 $578k receipted for Public Safety Services, $136k is for
intergovernmental.
Recreation
Recreation revenues totalled $84k for the
current month. Compared to the same month
the prior year, the City collected $2k or 3%
less. Compared to the projected monthly
budget, the City collected $9k or 10% 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 $192k in the
Recreation Division of the Community Services
Department.
Interfund Services
The year‐to‐date collections for Interfund
Services revenues are $3 million. Compared to
the prior year, the revenues are over by $276k
or 10%. Compared to the projected budget,
the revenues are above by $253k or 9%. 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 48,986 12,967 36% 20,800 74%
Oct 37,300 29,188 81,116 43,817 117% 51,928 178%
Nov 33,025 25,843 ‐
Dec 61,608 48,210 ‐
YTD Total 391,266$ 306,176$ 577,592$ 186,326$ 48% 271,416$ 89%
Annual Total 485,899$ 380,229$
Month
2013 vs. 2012
Year to Date through October
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 107,879 116,855 123,550 15,670 15% 6,694 6%
Oct 85,973 93,126 83,685 (2,288) ‐3% (9,441) ‐10%
Nov 65,863 71,343 ‐
Dec 60,467 65,498 ‐
YTD Total 1,367,834$ 1,481,644$ 1,365,914$ (1,920)$ 0% (115,730)$ ‐8%
Annual Total 1,494,165$ 1,618,486$
Recreation
Year to Date through October
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 273,570 276,153 274,525 955 0% (1,628) ‐1%
Oct 338,304 276,153 352,421 14,117 4% 76,269 28%
Nov 276,902 276,153 ‐
Dec 296,085 276,153 ‐
YTD Total 2,738,728$ 2,761,525$ 3,014,422$ 275,694$ 10% 252,897$ 9%
Annual Total 3,311,715$ 3,313,830$
2013 vs. Budget
Month
Interfund Services
Year to Date through October
2013 vs. 2012
Page 7 of 37
Monthly Financial Report October 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 $2.3 million. This is $176k or 7%
lower than a year ago and is also $172k or
7% below the budget. The City is projecting
fines and penalties to be under the budget
at year‐end.
Year to Date through October
2012 2013 2013
Actual Budget Actual $ % $ %
Civil Penalties 6,815$ 11,360$ 7,582$ 767$ 11% (3,778)$ ‐33%
Civil Infraction Penalties 477,850 464,822 488,065 10,215 2% 23,243 5%
Civil Parking Infraction Penalties 125,435 141,928 142,821 17,386 14% 892 1%
Photo Enforcement Program 1,639,547 1,617,808 1,414,949 (224,598) ‐14% (202,859) ‐13%
Criminal Traffic Misdemeanor Fines 68,230 78,676 82,733 14,503 21% 4,057 5%
Criminal Non‐Traffic Fines 21,313 38,938 36,791 15,478 73% (2,147) ‐6%
Criminal Costs 101,233 95,461 99,687 (1,546) ‐2% 4,226 4%
Seizure Funds ‐ Federal/State/Local 1 31,767 ‐ ‐ (31,767) 0%‐ N/A
Non‐Court Fines, Forfeitures and Penalties 668 19,386 23,838 23,170 3471% 4,451 23%
YTD Total 2,472,856$ 2,468,378$ 2,296,464$ (176,393)$ ‐7% (171,915)$ ‐7%
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
$1.4 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 179,166 176,075 154,604 (24,562) ‐14% (21,470) ‐12%
Oct 278,866 280,183 191,919 (86,947) ‐31% (88,264) ‐32%
Nov 247,607 251,568
Dec 339,926 338,553
YTD Total 2,472,856$ 2,468,378$ 2,296,464$ (176,393)$ ‐7% (171,915)$ ‐7%
Annual Total 3,060,389$ 3,058,500$
Month
2013 vs. Budget2013 vs. 2012
Year to Date through October
Fines and Penalties by 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 58,676 50,884 55,930 2,747
Oct 191,799 100,760 65,641 51,130 49,629
Nov 153,910 ‐ 66,315 ‐ ‐
Dec 178,282 ‐ 66,397 ‐ ‐
YTD Total 1,617,808$ 1,414,949$ 709,252$ 577,594$ 837,354$
Annual Total 1,950,000$ 841,964$
1 Actuals of Revenues and Expenses
Expenses
Photo Enforcement Program
Year to Date through October
Month
Revenues
Page 8 of 37
Monthly Financial Report October 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 66% of the total
revenue in this category. The year‐to‐date
total miscellaneous is $1.2 million. Compared
to last year, the revenues are below by $3k.
Compared to the projected year‐to‐date
budget, the revenues are over by $41k or 4%.
The table below breaks out miscellaneous
revenues by type:
2012 2013 2013
Actual Budget Actual $ % $ %
Interests and Other Earnings 82,703$ 180,007$ 88,505$ 5,802$ 7% (91,501)$ ‐51%
Rents, Leases, and Concessions 718,136 568,384 678,916 (39,219) ‐5% 110,532 19%
Contributions/Donations from Private Sources 118,098 88,610 76,970 (41,128) ‐35% (11,640) ‐13%
Other 249,568 135,764 285,798 36,231 15% 150,035 111%
Seizure Funds ‐ Federal/State/Local1 ‐ 151,290 34,876 34,876 100% (116,414) ‐77%
YTD Total 1,168,505$ 1,124,055$ 1,165,066$ (3,438)$ 0% 41,011$ 4%
Annual Total 1,630,922$ 1,861,022$
1 Seizure Funds are categorized in Miscellaneous for 2013 and on.
2013 vs. Budget
Miscellaneous Revenues by Type
Year to Date through October
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. The use of Seizure Funds is restricted to drug
enforcement only and is not available for general operating purposes.
EXPENSES
Overall the City has expended 77% of its budgeted general governmental expenditures at the end of October. This is $1.8
million or 2.2% 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 $115k. This is mainly due to overspending in overtime ($356k),
supplies/capital ($66k), intergovernmental ($66k), and under spending on salaries and benefits ($226k) and general
professional services ($149k). We are adjusting the department’s budget by $442k to recognize SAFER/EMPG grants, which
will keep the department within budget by year‐end.
2012 2013 2013
Actual Budget Actual $ % $ %
Jan 206,151$ 163,080$ 179,743$ (26,408)$ ‐13% 16,663$ 10%
Feb 83,823 135,969 76,397 (7,425) ‐9% (59,572) ‐44%
Mar 104,421 84,515 147,909 43,488 42% 63,394 75%
Apr 98,164 111,835 92,872 (5,291) ‐5% (18,963) ‐17%
May 145,213 112,179 118,719 (26,494) ‐18% 6,540 6%
Jun 93,832 113,839 123,441 29,609 32% 9,602 8%
Jul 112,316 95,083 128,246 15,930 14% 33,163 35%
Aug 143,389 131,277 122,652 (20,737) ‐14% (8,624) ‐7%
Sep 89,588 100,822 92,799 3,211 4% (8,024) ‐8%
Oct 91,608 75,456 82,288 (9,320) ‐10% 6,832 9%
Nov 64,705 56,841
Dec 397,713 680,126
YTD Total 1,168,505$ 1,124,055$ 1,165,066$ (3,438)$ 0% 41,011$ 4%
Annual Total 1,630,922$ 1,861,022$
Year to Date through October
Month
2013 vs. Budget2013 vs. 2012
Miscellaneous Revenues by Month
Page 9 of 37
Monthly Financial Report October 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 ‐ ‐ ‐ ‐ 52,349 42,231 ‐
Grants / intergovernmental 7,965,942 ‐ 104,987 355 85 912,175 ‐
Charges for services 110,135 1,684,836 13,310,835 13,985,912 7,818,746 7,493,365 12,690,089
Interdepartmental services ‐ ‐ ‐ ‐ ‐ ‐ ‐
Fines and penalties 5,531 ‐ ‐ ‐ 563 ‐ ‐
Rents, leases, and misc fees 1,972,383 316,351 63,395 119,538 ‐ ‐ ‐
Interest and other misc 6,363 79,137 8,604 513,154 782,151 315,676 4,505
TOTAL REVENUES 10,060,354 2,080,324 13,487,821 14,618,959 8,653,894 8,763,447 12,694,594
EXPENSES:
Utility billing ‐ ‐ 97,305 97,426 70,837 115,271 ‐
Utility systems ‐ ‐ 12,305,525 4,309,753 2,433,479 2,703,104 ‐
Utility maintenance ‐ ‐ 245,317 3,893,169 1,027,063 1,715,821 11,934,395
Transportation 1,439,673 ‐ ‐ ‐ ‐ ‐ ‐
Golf ‐ 1,753,393 ‐ ‐ ‐ ‐ ‐
TOTAL EXPENSES 1,439,673 1,753,393 12,648,147 8,300,348 3,531,379 4,534,196 11,934,395
AMOUNT AVAILABLE FOR DEBT SERVICE 8,620,681 326,931 839,674 6,318,611 5,122,515 4,229,251 760,199
DEBT SERVICE:
Principal 98,209 ‐ ‐ 664,925 565,383 63,340 ‐
Interest 6,995 ‐ ‐ 348,144 180,798 146,868 ‐
TOTAL DEBT SERVICE 105,204 ‐ ‐ 1,013,069 746,181 210,208 ‐
CAPITAL PROJECTS 9,552,105 15,145 ‐ 2,792,013 2,263,617 1,445,625 ‐
TRANSFERS IN/(OUT)(13,499) ‐ ‐ 7,526 (3,763) (8,967) ‐
CHANGE IN FUND BALANCE (1,050,127) 311,786 839,674 2,521,055 2,108,954 2,564,451 760,199
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, Oct 31 1,292,797 851,600 2,363,555 12,367,363 5,305,688 8,578,925 2,506,086
Page 10 of 37
Monthly Financial Report October 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 ‐ 103,954 ‐ ‐ ‐ ‐ ‐
Grants / intergovernmental 83 ‐ ‐ ‐ ‐ ‐ 32,467
Charges for services
Equipment rental m&o 2,284,903 2,544,788 ‐ ‐ ‐ ‐ ‐
Print and mail ‐ 93,675 ‐ 333,905 ‐ ‐ ‐
Communications ‐ 6,090 73,834 430,050 ‐ ‐ ‐
Facilities ‐ ‐ 3,565,611 ‐ ‐ ‐ ‐
Data cards and cell phones ‐ 117,009 ‐ ‐ ‐ ‐ ‐
IT service co ntracts ‐ 365,688 ‐ ‐ ‐ ‐ ‐
Interest and other misc 9,560 4,620 2,451 743 25,956 16,746 15,359
Internal service fund misc:
Vehicle / equipment capital recovery 1,184,214 141,665 ‐ ‐ ‐ ‐ ‐
Insurance premiums ‐ ‐ ‐ ‐ 1,326,686 ‐ ‐
Worker's comp/unemployment ‐ ‐ ‐ ‐ 1,339,721 ‐ ‐
Benefit premiums ‐ ‐ ‐ ‐ ‐ 7,706,173 1,422,832
Other misc 6,231 11,853 11,328 ‐ 227 97,188 ‐
Interfund Loan ‐ ‐ ‐ ‐ 136,852 ‐ ‐
Capital contributions 22,930 ‐ ‐ ‐ ‐ ‐ ‐
Disposal of capital assets 91,261 ‐ ‐ ‐ ‐ ‐ ‐
Insurance recoveries 25,000 ‐ ‐ ‐ 74,412 35,880 ‐
TOTAL REVENUES 3,624,182 3,389,342 3,653,224 764,698 2,903,854 7,855,987 1,470,658
EXPENSES:
Communications 403,013
Equipment rental 1,967,766
Facilities 2,893,267
Healthcare 8,952,297
Information technology 2,669,878
Print and mail 309,605
Retiree healthcare 877,019
Risk management
Ri sk management 1,588,382
Unemployment 45,330
Worker's compensation 1,132,303
TOTAL EXPENSES 1,967,766 2,669,878 2,893,267 712,618 2,766,015 8,952,297 877,019
AMOUNT AVAILABLE FOR CAPITAL 1,656,416 719,464 759,957 52,080 137,839 (1,096,310) 593,639
CAPITAL PROJECTS 1,911,877 495,942 220,866 ‐ ‐ ‐ ‐
TRANSFERS IN 54,385 89,130 551 ‐ 2,000,000 ‐ ‐
TRANSFERS (OUT)‐ ‐ ‐ ‐ ‐ ‐ ‐
CHANGE IN FUND BALANCE (201,076) 312,652 539,642 52,080 2,137,839 (1,096,310) 593,639
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, Oct 31 3,521,425 2,169,624 1,389,114 355,557 7,124,646 6,802,760 7,075,804
Page 11 of 37
Monthly Financial Report October 2013
FUND BALANCE
Page 13 shows the ending fund balance as of October 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 October, the City has $20.8 million reported in the combined general governmental fund balance of the
current year’s operating budget, which is approximately 20% of budgeted operating expenditures. This is an increase of
$5.2 million from the year’s beginning balance. October’s ending fund balance is over the anticipated General
Governmental Fund Balance of $13 million by $7.8 million or 60.2%. 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 12 of 37
Monthly Financial Report October 2013
City of Renton
All Funds ‐ Revenue, Expenditures and Fund Balances
Cash Basis through October 31, 2013
Funds
Balance
01/01/2013
Budgeted
Revenue
Revenue
10/31/13
Total Funds
Available
Budgeted
Expenditure
Expenditure
10/31/13
Ending
Balance
GENERAL GOVERNMENT FUNDS:15,575,839 100,856,553 86,460,206 102,036,045 105,715,391 81,277,689 20,758,356
000 General 10,575,369 71,987,103 64,048,187 74,623,556 76,690,192 61,468,279 13,155,277
001 Community Services 1,891,966 11,328,945 8,998,763 10,890,729 11,325,011 9,036,905 1,853,824
003 Street 1,585,553 8,877,257 6,679,732 8,265,285 8,873,975 6,768,116 1,497,169
004 Community Dev Block Grant (13,145) 367,512 86,254 73,109 297,069 193,292 (120,183)
005 Museum 52,369 209,903 157,500 209,869 211,080 174,718 35,151
009 Farmers Market 90,520 59,400 45,472 135,992 80,414 46,783 89,209
011 Fire Health & Wellness 55,483 25,000 25,129 80,612 25,000 26,706 53,906
031 Park Memorial 178,367 ‐ 402 178,769 178,367 ‐ 178,769
201 Ltd GO Bonds Gen Govt Debt 829,784 1,749,305 1,314,959 2,144,743 1,749,305 134,500 2,010,243
215 Gen Govt Misc Debt Service 329,573 6,252,128 5,103,808 5,433,381 6,284,978 3,428,390 2,004,991
SPECIAL REVENUE FUNDS:
102 Arterial Street 168,514 643,000 525,003 693,517 600,000 600,000 93,517
108 Leased City Properties 527,677 797,289 524,525 1,052,202 752,011 649,954 402,248
110 Hotel Motel 111,256 245,000 270,161 381,417 291,000 186,450 194,967
125 1% For Art 116,142 16,000 11,387 127,529 50,000 29,800 97,729
127 Cable Communication 257,372 85,674 91,500 348,872 85,674 42,190 306,682
135 Springbrook Wetlands Bank 665,828 ‐ 1,501 667,329 ‐ ‐ 667,329
CAPITAL PROJECT FUNDS (CIP):
303 Community Dev Mitigation 1,540,154 60,000 73,075 1,613,229 700,000 ‐ 1,613,229
304 Fire Mitigation 797,417 25,000 80,743 878,160 250,000 ‐ 878,160
305 Transportation Mitigation 292,627 40,000 221,296 513,923 100,000 100,000 413,923
316 Municipal Facilities CIP 3,474,517 4,361,912 2,527,929 6,002,446 7,735,752 1,838,398 4,164,048
317 Transportation CIP (391,159) 34,020,559 21,477,214 21,086,055 33,608,158 17,173,999 3,912,056
318 So Lake WA Infrastructure Proj 52,073 44,874 44,909 96,982 96,947 87,974 9,008
326 Housing Opportunity 84,359 ‐ 204 84,563 75,000 ‐ 84,563
336 New Library Development 19,143,344 1,830,836 42,527 19,185,871 20,974,180 732,769 18,453,102
ENTERPRISE FUNDS:
402 Airport 331,939 1,264,418 2,089,992 2,421,931 1,432,346 1,216,404 1,205,527
403 Solid Waste Utility 1,523,881 15,700,852 13,487,821 15,011,702 16,177,073 12,648,147 2,363,555
404 Golf Course 291,978 2,453,669 2,079,735 2,371,713 2,476,366 1,797,616 574,097
422 Airport Capital 2,010,985 15,668,122 7,970,362 9,981,347 17,650,611 9,894,077 87,270
424 Golf Course Capital 247,836 50,000 42,256 290,092 156,482 12,587 277,505
INTERNAL SERVICE FUNDS:
501 Equipment Repair/Replacement 3,722,501 4,261,224 3,678,567 7,401,068 4,295,028 3,879,643 3,521,425
502 Insurance 4,986,807 5,713,764 4,903,854 9,890,661 3,060,718 2,766,015 7,124,646
503 Information Services 1,856,972 4,188,823 3,478,472 5,335,444 5,326,336 3,165,820 2,169,624
504 Facilities 849,472 4,276,112 3,653,776 4,503,248 4,468,879 3,114,133 1,389,115
505 Communications 303,477 877,773 764,698 1,068,175 893,249 712,618 355,557
512 Insurance, Healthcare 7,899,070 9,329,364 7,855,987 15,755,057 10,904,461 8,952,297 6,802,760
522 Insurance, Leoff1 Retirees HC 6,482,165 1,735,684 1,470,658 7,952,823 1,737,782 877,019 7,075,804
FIDUCIARY FUNDS:
611 Firemen's Pension 4,556,003 300,000 133,884 4,689,887 240,475 162,402 4,527,485
Funds
Balance
01/01/2013
Budgeted
Revenue
Revenue
10/31/13
Total Funds
Available
Budgeted
Expenditure
Expenditure
10/31/13
Ending
Balance
ENTERPRISE FUNDS: COMBINED UTILITIES 20,803,403 57,384,364 44,738,419 65,541,822 60,603,334 36,783,761 28,758,061
405 Water Utility 5,449,029 13,402,096 13,307,225 18,756,254 11,034,019 7,838,429 10,917,825
406 Waste Water Utility 1,363,629 6,758,645 7,578,250 8,941,879 5,505,490 4,229,386 4,712,493
407 Surface Water Utility 2,269,771 7,963,326 7,420,878 9,690,649 6,180,122 4,019,992 5,670,657
416 King County Metro 1,745,887 15,126,703 12,694,593 14,440,480 15,126,703 11,934,395 2,506,085
425 Water Utility Construction 4,381,380 3,746,643 1,319,224 5,700,604 8,007,000 4,267,001 1,433,603
426 Waste Water Construction 1,833,105 3,300,000 1,075,644 2,908,749 4,870,000 2,315,554 593,195
427 Surface Water Construction 3,744,703 7,086,951 1,342,569 5,087,272 9,880,000 2,179,004 2,908,268
471 Waterworks Rate Stabilization 15,899 ‐ 36 15,935 ‐ ‐ 15,935
Note: Waterworks Utility Funds are managed as a system and are designated by the dotted lines.
Page 13 of 37
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 69,756,998 72,338,457 (2,581,459) 12,994,380
October 86,460,206 81,277,689 5,182,517 20,758,356
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 14 of 37
City of Renton
Monthly Revenue Analysis ‐ 2013 Budget Year
General
Government Budget
YTD
Actual
Annual %
over (under)
Jan 5,359,402 5,592,172 4.34%
Feb 11,478,844 11,590,564 0.97%
Mar 16,855,063 17,392,180 3.19%
Apr 31,092,707 33,559,062 7.93%
May 45,252,914 46,893,848 3.63%
Jun 50,278,277 52,007,692 3.44%
Jul 56,607,277 58,496,912 3.34%
Aug 61,667,555 64,000,182 3.78%
Sep 66,738,488 69,756,998 4.52%
Oct 80,491,064 86,460,206 7.42%
Nov 93,935,891
Dec 100,856,553
Percent of budget 85.73%
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 17,560,252 2.20%
Oct 24,590,798 27,701,144 12.65%
Nov 31,416,250
Dec 31,741,366
Percent of budget 87.27%
$‐
$3
$6
$9
$12
$15
$18
$21
$24
$27
$30
$33
$36
Budget
Actual
Last Year
Page 15 of 37
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 16,931,533 10.06%
Oct 17,162,223 18,934,149 10.32%
Nov 18,978,733
Dec 20,723,680
Percent of budget 91.36%
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 11,980,466 ‐2.75%
Oct 13,472,609 13,053,238 ‐3.11%
Nov 14,686,250
Dec 16,250,662
Percent of budget 80.32%
Note: Includes Natural Gas Use Tax.
$0
$2
$4
$6
$8
$10
$12
$14
$16
Budget
Actual
Last Year
Page 16 of 37
City of Renton
Monthly Revenue Analysis ‐ 2013 Budget Year
Licenses &
Permits Budget
YTD
Actual
Annual %
over (under)
Jan 219,854 325,005 47.83%
Feb 386,512 547,949 41.77%
Mar 577,616 747,996 29.50%
Apr 857,151 1,091,568 27.35%
May 1,039,941 1,368,619 31.61%
Jun 1,233,639 1,596,317 29.40%
Jul 1,546,609 1,891,884 22.32%
Aug 1,840,424 2,172,762 18.06%
Sep 1,982,247 2,348,691 18.49%
Oct 2,367,813 2,788,939 17.79%
Nov 2,572,223
Dec 2,863,828
Percent of budget 97.39%
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 7,108,467 7,575,466 6.57%
Oct 8,270,685 8,682,607 4.98%
Nov 10,530,037
Dec 11,269,061
Percent of budget 77.05%
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 17 of 37
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 5,643,259 13.98%
Oct 5,499,477 6,307,022 14.68%
Nov 5,985,046
Dec 6,520,566
Percent of budget 96.73%
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 2,104,545 ‐3.82%
Oct 2,468,378 2,296,464 ‐6.96%
Nov 2,719,947
Dec 3,058,500
Percent of budget 75.08%
$‐
$0.50
$1.00
$1.50
$2.00
$2.50
$3.00
$3.50
Budget
Actual
Last Year
Page 18 of 37
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 4,509,594 ‐1.24%
Oct 5,526,947 5,507,285 ‐0.36%
Nov 5,821,308
Dec 6,313,000
Percent of budget 87.24%
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 163,080 179,743 10.22%
Feb 299,049 256,140 ‐14.35%
Mar 383,564 404,049 5.34%
Apr 495,399 496,921 0.31%
May 607,578 615,640 1.33%
Jun 721,417 739,082 2.45%
Jul 816,500 867,327 6.23%
Aug 947,776 989,980 4.45%
Sep 1,048,599 1,082,778 3.26%
Oct 1,124,055 1,165,066 3.65%
Nov 1,180,896
Dec 1,861,022
Percent of budget 62.60%
$‐
$0.20
$0.40
$0.60
$0.80
$1.00
$1.20
$1.40
$1.60
$1.80 Budget
Actual
Last Year
Page 19 of 37
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 20,415 155.66%
Oct 8,079 24,292 200.69%
Nov 45,201
Dec 254,868
Percent of budget 9.53%
$‐
$1.00
$2.00
$3.00
$4.00
$5.00
$6.00
Millions Other Financing Sources
Budget
Actual
Last Year
Page 20 of 37
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 2,268,082 31.54%
Oct 2,025,764 2,540,858 25.43%
Nov 2,367,976
Dec 2,600,000
Percent of budget 97.73%
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 150,030 327,644 118.39%
Feb 332,264 557,749 67.86%
Mar 569,542 862,909 51.51%
Apr 812,611 1,230,194 51.39%
May 1,049,592 1,616,989 54.06%
Jun 1,295,001 1,910,374 47.52%
Jul 1,573,793 2,225,870 41.43%
Aug 1,921,143 2,566,205 33.58%
Sep 2,075,833 2,821,074 35.90%
Oct 2,460,061 3,261,353 32.57%
Nov 2,722,293
Dec 3,123,413
Percent of budget 104.42%
$‐
$0.50
$1.00
$1.50
$2.00
$2.50
$3.00
$3.50
Millions Fees
Budget
Actual
Last Year
Page 21 of 37
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 73,894,837 72,338,457 ‐2.11%
Oct 83,113,053 81,277,689 ‐2.21%
Nov 96,164,029
Dec 105,715,391
Percent of budget expended 76.88%
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 217,082 216,073 ‐0.46%
Oct 241,441 239,890 ‐0.64%
Nov 265,573
Dec 290,291
Percent of budget expended 82.64%
$‐
$50,000
$100,000
$150,000
$200,000
$250,000
$300,000
Budget
Actual
Last Year
Page 22 of 37
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 953,811 919,138 ‐3.64%
Oct 1,064,489 1,023,885 ‐3.81%
Nov 1,170,013
Dec 1,322,364
Percent of budget expended 77.43%
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 1,315,727 ‐7.41%
Oct 1,593,003 1,460,487 ‐8.32%
Nov 1,749,576
Dec 1,915,103
Percent of budget expended 76.26%
$‐
$0.40
$0.80
$1.20
$1.60
$2.00
$2.40 Budget
Actual
Last Year
Page 23 of 37
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 1,468,967 ‐3.33%
Oct 1,684,389 1,633,316 ‐3.03%
Nov 1,852,716
Dec 2,026,149
Percent of budget expended 80.61%
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 766,581 771,885 0.69%
Oct 850,349 858,042 0.90%
Nov 934,318
Dec 1,020,208
Percent of budget expended 84.10%
$‐
$0.20
$0.40
$0.60
$0.80
$1.00
$1.20
Millions Development Admin
Budget
Actual
Last Year
Page 24 of 37
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 2,425,328 ‐2.52%
Oct 2,780,951 2,704,130 ‐2.76%
Nov 3,065,780
Dec 3,358,299
Percent of budget expended 80.52%
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 428,840 341,333 ‐20.41%
Oct 472,869 380,375 ‐19.56%
Nov 524,583
Dec 570,280
Percent of budget expended 66.70%
$‐
$0.10
$0.20
$0.30
$0.40
$0.50
$0.60
Millions
Budget
Actual
Last Year
Page 25 of 37
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 1,133,145 ‐2.28%
Oct 1,279,389 1,256,275 ‐1.81%
Nov 1,405,692
Dec 1,541,592
Percent of budget expended 81.49%
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 1,491,143 ‐0.57%
Oct 1,643,469 1,649,170 0.35%
Nov 1,786,254
Dec 2,242,682
Percent of budget expended 73.54%
$‐
$0.40
$0.80
$1.20
$1.60
$2.00
$2.40 Budget
Actual
Last Year
Page 26 of 37
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 863,409 830,214 ‐3.84%
Oct 937,218 894,171 ‐4.59%
Nov 1,017,649
Dec 1,101,505
Percent of budget expended 81.18%
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 713,975 658,189 ‐7.81%
Oct 797,946 733,652 ‐8.06%
Nov 885,037
Dec 977,094
Percent of budget expended 75.09%
$‐
$0.20
$0.40
$0.60
$0.80
$1.00
Budget
Actual
Last Year
Page 27 of 37
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 21,809,144 21,624,322 ‐0.85%
Oct 24,192,123 23,852,347 ‐1.40%
Nov 26,546,714
Dec 29,129,201
Percent of budget expended 81.88%
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 18,346,018 ‐0.07%
Oct 20,275,751 20,390,546 0.57%
Nov 22,207,188
Dec 24,197,056
Percent of budget expended 84.27%
$‐
$3
$6
$9
$12
$15
$18
$21
$24
Budget
Actual
Last Year
Page 28 of 37
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 332,176 336,859 1.41%
Oct 367,946 373,747 1.58%
Nov 405,451
Dec 450,911
Percent of budget expended 82.89%
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 3,002,198 ‐0.94%
Oct 3,420,829 3,373,623 ‐1.38%
Nov 3,789,095
Dec 4,153,621
Percent of budget expended 81.22%
$‐
$0.50
$1.00
$1.50
$2.00
$2.50
$3.00
$3.50
$4.00
$4.50 Budget
Actual
Last Year
Page 29 of 37
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 673,988 484,402 ‐28.13%
Oct 766,574 545,724 ‐28.81%
Nov 852,923
Dec 934,005
Percent of budget expended 58.43%
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 3,822,962 ‐3.48%
Oct 4,343,623 4,151,697 ‐4.42%
Nov 4,714,526
Dec 5,130,300
Percent of budget expended 80.93%
$‐
$1
$2
$3
$4
$5
$6
Budget
Actual
Last Year
Page 30 of 37
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 805,315 749,137 ‐6.98%
Oct 959,873 883,276 ‐7.98%
Nov 1,030,967
Dec 1,196,052
Percent of budget expended 73.85%
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 632,165 582,563 ‐7.85%
Oct 703,188 638,898 ‐9.14%
Nov 803,370
Dec 914,955
Percent of budget expended 69.83%
$‐
$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 31 of 37
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 ‐ ‐ N/A
Oct ‐ ‐ N/A
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 158,058 157,141 ‐0.58%
Oct 175,778 174,718 ‐0.60%
Nov 193,585
Dec 211,080
Percent of budget expended 82.77%
$‐
$30,000
$60,000
$90,000
$120,000
$150,000
$180,000
$210,000
$240,000
Budget
Actual
Last Year
Page 32 of 37
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 363,226 333,688 ‐8.13%
Oct 402,909 364,742 ‐9.47%
Nov 442,662
Dec 483,035
Percent of budget expended 75.51%
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 2,856,379 ‐10.02%
Oct 3,531,791 3,185,461 ‐9.81%
Nov 3,898,668
Dec 4,294,894
Percent of budget expended 74.17%
$‐
$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 33 of 37
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 3,219,909 ‐2.79%
Oct 3,700,291 3,582,655 ‐3.18%
Nov 4,085,694
Dec 4,579,081
Percent of budget expended 78.24%
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 2,058,808 2,058,808 0.00%
Oct 3,562,890 3,562,890 0.00%
Nov 7,364,759
Dec 8,034,283
Percent of budget expended 44.35%
$‐
$1
$2
$3
$4
$5
$6
$7
$8
$9
$10
Budget
Actual
Last Year
Page 34 of 37
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 3,192,930 3,192,930 0.00%
Oct 3,363,972 3,363,972 0.00%
Nov 5,171,238
Dec 5,641,350
Percent of budget expended 59.63%
$‐
$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 35 of 37
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 51,921,474 45,278,284
Oct 51,131,985 58,226,205 49,431,907
Nov 56,094,010
Dec 76,780,407
Percent of budget expended 63.58%
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 7,702,430 7,576,205
Oct 13,711,677 10,060,354 11,110,481
Nov 14,718,494
Dec 19,082,957
Percent of budget expended 58.22%
Note: Operations and Capital
$‐
$5.00
$10.00
$15.00
$20.00
$25.00
Budget
Revenue
Expense
Page 36 of 37
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 1,982,981 1,659,746
Oct 1,864,635 2,121,991 1,810,203
Nov 2,024,142
Dec 2,632,848
Percent of budget expended 68.75%
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 37 of 37