HomeMy WebLinkAbout201502, February.pdf ADMINISTRATIVE SERVICES
DEPARTMENT
M E M O R A N D U M
DATE: April 6, 2015
TO: Ed Prince, Council President
Members of the Renton City Council
CC: Denis Law, Mayor
Administrators
FROM: Hai Nguyen, Sr. Finance Analyst
SUBJECT: February 2015 Financial Status Report
At the end of February, general governmental revenues show $97k or 0.8% under budget.
Revenue sources that are higher than expected are: sales tax ($142k) and state shared revenues
($101k). On the down side, the revenue sources that are underperforming the year to date
budget are: utility taxes ($308k below); real estate excise taxes ($110k below); and building
permits & development service fees ($183k below).
General government expenditures showed a favorable variance of $536k or 3%. See page 10 of
report for further expenditure over‐spent explanations.
The attached report provides more detailed discussion of each revenue source and our updated
projections for the year. Please do not hesitate to contact me at x6952 should you have any
questions or any suggestions about the report.
This page is intentionally left blank
General Governmental Funds
$%
Beginning Fund Balance 15,575,840$ 15,575,840$ 17,454,262$ 17,454,262$ 13,508,009$ 13,508,009$ 17,565,282$ 4,057,273 30.0%
OPERATING REVENUES
Property Tax 32,485,690 179,965 35,295,390 74,744 36,040,000 320,628 374,240 53,612 16.7%
Sales Tax 20,416,372 3,583,441 21,512,379 3,686,718 22,239,731 3,876,672 4,018,727 142,054 3.7%
Sales Tax ‐ Annexation Credit 2,418,789 423,264 2,542,394 435,607 2,519,968 436,252 475,946 39,694 9.1%
Criminal Justice Sa les Tax 2,091,174 370,353 2,267,947 397,797 2,305,519 406,271 429,905 23,635 5.8%
Natural Gas Use Tax 263,660 56,163 271,485 65,110 300,000 67,985 53,367 (14,618) ‐21.5%
Admission Tax 327,258 82,440 310,311 80,243 320,000 81,652 85,046 3,394 4.2%
Franchise Fees 1,312,727 314,469 1,342,269 323,121 1,260,000 302,586 333,343 30,757 10.2%
Electricity Tax 5,155,789 1,068,529 5,167,444 1,051,035 5,365,536 1,101,651 813,149 (288,501) ‐26.2%
Natural Ga s Utility Tax 1,550,900 457,439 1,562,341 464,316 1,550,900 459,184 406,322 (52,862) ‐11.5%
Garbage/Solid Waste 397,596 47,232 573,457 116,166 400,000 67,307 88,160 20,853 31.0%
TV Cable 1,481,779 209,746 1,518,821 219,617 1,579,365 225,995 228,618 2,623 1.2%
Telephone 917,021 107,863 909,088 140,016 952,500 129,294 203,129 73,835 57.1%
Cellular Phone 2,050,312 223,565 1,951,925 243,976 1,967,056 229,791 137,016 (92,775) ‐40.4%
City Utilities 3,964,989 569,559 3,961,052 597,445 4,058,377 597,542 641,357 43,815 7.3%
Utility Tax Audit ‐ ‐ 460,513 ‐ ‐ ‐ ‐ ‐ 0.0%
Leasehold Excise Tax 164,637 10,248 171,470 10,618 179,000 11,112 11,601 489 4.4%
Gambling Excise Tax 1,319,585 207,234 1,650,384 264,885 1,600,000 254,343 342,481 88,138 34.7%
Real Estate Excise Tax 4,131,665 396,328 4,348,762 610,596 4,000,000 495,032 384,994 (110,039) ‐22.2%
Less: CIP REET (700,000) (76,222) (1,650,000) (115,797) (1,000,000) (96,248) (96,248) ‐ 0.0%
EMS Levy 916,361 ‐ 916,361 ‐ 920,000 ‐ ‐ ‐ 0.0%
Business License Fees 503,766 136,039 515,555 128,077 506,000 131,109 140,070 8,961 6.8%
Animal Licenses and Spec Events Permits 99,411 17,035 95,698 18,193 91,000 17,432 18,845 1,413 8.1%
Building Permits & Development Svc Fees 4,001,625 557,749 4,519,234 845,207 4,679,749 771,675 589,160 (182,515) ‐23.7%
Intergovt'l (Grants, State Shared, etc) 3,863,974 934,509 4,522,540 1,164,768 3,535,784 482,511 556,375 73,864 15.3%
Fire District 25 and 40 Contracts 5,726,895 161,972 5,959,428 151,469 6,116,326 158,163 158,163 ‐ 0.0%
Public Safety 680,581 149,378 844,375 162,778 513,081 104,887 100,737 (4,150) ‐4.0%
Culture and Recreation 1,494,580 111,706 1,485,123 138,395 1,580,616 132,669 147,301 14,633 11.0%
Interfund/Interdept‐Services 3,464,913 558,235 3,270,503 558,835 3,147,416 524,569 529,480 4,911 0.9%
Fines and Penalties 1,137,140 91,087 962,977 158,466 1,126,500 134,245 64,943 (69,303) ‐51.6%
Photo Enforcement 1,629,524 309,144 1,719,971 129,766 2,194,000 287,496 273,894 (13,602) ‐4.7%
Seizure Funds ‐ Federal/State/Local 50,639 (6,000) 68,870 1,848 180,693 (6,277) ‐ 6,277 ‐100.0%
Interests and Other Earnings 423,609 10,244 981,630 19,330 875,300 18,421 105,682 87,261 473.7%
Rents, Leases, and Concessions 734,530 196,155 711,070 197,760 710,216 193,528 196,165 2,636 1.4%
Contributions and Donations 84,320 1,553 113,626 6,709 97,000 4,049 8,177 4,128 101.9%
Other Miscellaneous 684,187 123,169 879,105 182,978 705,369 132,114 135,844 3,730 2.8%
Other Financing Sources (Transfer‐In, etc) 299,527 6,974 48,632 ‐ 250,000 ‐ 500 500 100.0%
Total Operating Revenues 105,545,527 11,590,564 111,782,133 12,530,792 112,867,002 12,053,641 11,956,490 (97,151) ‐0.8%
OP ERATING EXPENDITURES
Council 289,911 47,686 309,317 55,960 335,838 58,089 58,037 52 0.1%
Executive 1,240,910 186,330 1,338,738 186,396 1,547,993 223,666 200,055 23,611 10.6%
City Attorney 1,922,225 285,967 1,829,254 276,371 2,001,421 300,008 294,916 5,092 1.7%
Court Services 2,003,104 310,767 2,016,273 323,167 2,111,321 332,997 313,414 19,583 5.9%
Community and Eco Dvlpmnt Admin 1,047,860 170,570 1,010,761 166,457 1,077,608 176,420 177,244 (823) ‐0.5%
Development Services 3,243,702 515,474 2,659,078 437,105 2,914,321 470,308 427,863 42,444 9.0%
Economic Development 467,511 81,391 654,007 80,671 848,340 122,587 122,554 34 0.0%
Planning 1,510,707 237,260 2,095,706 264,152 2,561,536 356,139 398,110 (41,971) ‐11.8%
Finance 2,274,147 284,066 2,644,827 331,528 2,795,120 349,801 350,741 (940) ‐0.3%
City Clerk 1,020,822 123,564 1,152,246 183,252 1,091,558 154,117 127,473 26,644 17.3%
Human Resources 904,182 134,784 922,668 131,247 1,316,577 191,724 156,267 35,456 18.5%
Police 24,946,784 4,101,784 26,383,640 4,309,226 28,267,334 4,631,889 4,420,628 211,261 4.6%
Jail Services 3,814,042 635,682 3,760,273 626,380 4,200,000 689,719 689,719 ‐ 0.0%
Fire 24,444,372 4,729,656 25,240,760 4,745,812 26,876,976 5,125,717 5,131,944 (6,227) ‐0.1%
Community Services Admin 452,146 74,364 480,727 75,787 545,712 87,835 84,599 3,236 3.7%
Parks 4,024,756 563,088 4,070,181 555,521 4,794,754 662,569 618,104 44,465 6.7%
Parks Planning & Natural Resources 829,250 88,359 722,739 90,409 798,301 91,953 93,550 (1,597) ‐1.7%
Recreation 4,846,970 650,023 4,823,195 603,208 5,200,923 674,027 685,764 (11,737) ‐1.7%
Human Services 1,162,330 128,054 1,159,189 143,610 1,199,977 140,421 95,909 44,512 31.7%
Neighborhoods, Resources, & Events 770,841 108,774 875,223 146,776 1,004,403 155,933 132,128 23,805 15.3%
Museum 209,387 34,090 214,291 33,387 227,761 36,275 37,516 (1,241) ‐3.4%
Public Works Admin 426,312 79,912 389,493 63,574 395,867 69,626 64,809 4,817 6.9%
Street Maintenance 3,814,132 641,518 4,503,315 658,352 5,181,713 809,811 784,009 25,802 3.2%
Transportation 4,476,854 670,659 4,263,725 632,259 4,914,998 732,656 642,729 89,927 12.3%
Debt Service 8,048,508 250,317 8,393,140 302,837 6,463,588 298,456 298,456 ‐ 0.0%
Non‐Departmental and Other 5,475,340 862,677 9,758,346 467,210 4,267,502 668,193 668,193 ‐ 0.0%
Total Operating Expenditures 103,667,105 15,996,818 111,671,112 15,890,655 112,941,443 17,610,936 17,074,731 536,205 3.0%
Total Ending Fund Balance 17,454,262$ 11,169,585$ 17,565,283$ 14,094,400$ 13,433,567$ 7,950,715$ 12,447,041$ 4,496,327$ 56.6%
Summary of Sources and Uses Annual Actual YTD Actual Favorable (Unfavorable)
2013 2014 2015 Variance
Annual Actual YTD Actual Annual Budget YTD Budget YTD Actual
Monthly Financial Report February 2015
Page 1 of 37
Monthly Financial Report February 2015
OVERVIEW
This financial overview reflects the City’s overall financial position for the fiscal year through February 28, 2015. Except as
noted, year‐to‐date budgeted revenues and operating expenditures are generally based on the collection/disbursement
patterns for the same period of the preceding two years. The table on the previous page summarizes the general governmental
fund revenues and expenditures.
Revenues
Taxes
The combined collection of property, sales/use, utility, gambling, admissions, and real estate excise taxes represents 71% of all
resources supporting general governmental activities. The following section provides detail information on property, sales,
utility, and other taxes.
Property Tax
February’s collection is $307k,
making the total year‐to‐date
collection $374k or 1% of the total
budget. In comparison to the
previous year, the City collected
$299k or 401% more. Compared
to the budget, the City is above
projections by $54k or 17%. The
negative amount for January 2014
was due to receivables not yet
received by King County. These
receivables were recorded in
February 2014’s collection.
Sales Tax
February 2015 sales tax receipts
totalled $2.3 million. Compared
with the same month last year, it
is $181k or 9% more. Compared
to the projected current month’s
budget, it is $120k or 6% above.
The year‐to‐date collection of $4
million is $332k or 9% more than
the prior year and is also $142k or
4% more than budgeted. Auto
Sales, General Retail, Wholesale,
and Services are the main sectors
that are collecting more than
anticipated. 2015’s monthly
budgets are generally based on
2010 through 2014 collections.
2014 2015 2015
Actual Budget Actual $ % $ %
Jan (101,807)$ 27,853$ 67,234$ 169,041$ ‐166% 39,381$ 141%
Feb 176,551 292,775 307,006 130,455 74% 14,231 5%
Mar 1,626,283 1,066,055
Apr 5,808,865 8,037,494
May 10,692,069 8,544,299
Jun (244,519) 17,789
Jul 352,287 527,609
Aug 178,936 427,951
Sep 574,579 515,969
Oct 11,777,175 9,346,477
Nov 4,051,387 6,227,843
Dec 403,584 1,007,885
YTD Total 74,744$ 320,628$ 374,240$ 299,496$ 401% 53,612$ 17%
Annual Total 35,295,390$ 36,040,000$
Property Tax Revenues
Year to Da te through February
2015 vs. 2014 2015 vs. Budget
Month
2014 2015 2015
Actual Budget Actual $ % $ %
Jan 1,607,045$ 1,736,775$ 1,758,332$ 151,287$ 9% 21,557$ 1%
Feb 2,079,673 2,139,897 2,260,395 180,722 9% 120,498 6%
Mar 1,562,210 1,658,321 ‐
Apr 1,558,271 1,679,689 ‐
May 1,759,697 1,950,137 ‐
Jun 1,669,870 1,753,064 ‐
Jul 1,731,929 1,763,868 ‐
Aug 2,030,161 1,940,381 ‐
Sep 1,849,720 1,834,221 ‐
Oct 1,869,025 1,923,863 ‐
Nov 1,952,887 1,959,088 ‐
Dec 1,841,892 1,900,427 ‐
YTD Total 3,686,718$ 3,876,672$ 4,018,727$ 332,009$ 9% 142,054$ 4%
Annual Total 21,512,379$ 22,239,731$
2015 vs. Budget2015 vs. 2014
Month
Year to Date through February
Local Retail Sales Tax Revenues
Page 2 of 37
Monthly Financial Report February 2015
The following table breaks out the City’s base sales tax (excluding Criminal Justice and Annexation Credit) by major business
sectors:
Utility tax
February utility tax revenues are
$1.4 million, which is $153k or
10% lower than the same month
last year and is also behind the
budget by $150k or 10%. The
year‐to‐date collection is $2.6
million, which is $327k or 11%
lower than the prior year and is
also $308k or 11% lower than the
budget.
The table below breaks out Utility Tax by source. The variance for Electrical and Natural Gas utilities is due to lower activity.
The variance for Cellular and Phone is due to a keying error ($44k receipted in Phone instead of Cellular) that will be
corrected in March.
2014 2015 2015
Actual Budget Actual $ % $ %
Jan 1,373,119$ 1,356,778$ 1,199,348$ (173,771)$ ‐13% (157,430)$ ‐12%
Feb 1,524,563 1,521,972 1,371,771 (152,792) ‐10% (150,201) ‐10%
Mar 1,631,438 1,438,367
Apr 1,218,999 1,412,881
May 1,380,317 1,389,135
Jun 1,376,544 1,309,356
Jul 1,526,628 1,186,832
Aug 1,270,116 1,302,682
Sep 1,206,313 1,343,428
Oct 1,202,725 1,163,213
Nov 1,170,266 1,233,553
Dec 1,495,099 1,515,536
YTD Total 2,897,682$ 2,878,750$ 2,571,119$ (326,563)$ ‐11% (307,631)$ ‐11%
Annual Total 16,376,127$ 16,173,734$
2015 vs. Budget2015 vs . 2014
Year to Date through February
Utility Tax Revenues
Month
Sales Tax by Sector 2014 2015 Bgt YTD Act Change 2015/2014 2015 Act vs Bgt
New Construction 369,900$ 426,919$ 418,410$ 48,509$ 13%$ (8,509)‐2%
Auto Sales 667,024 700,275 732,157 65,133 10% 31,882 5%
General Retail 1,230,056 1,277,023 1,329,498 99,442 8% 52,475 4%
Manufacturing 389,084 356,587 357,836 (31,248) ‐8% 1,249 0%
Wholesale 166,550 196,006 224,037 57,487 35% 28,031 14%
Service 766,783 808,024 860,412 93,629 12% 52,387 6%
Other 97,320 111,838 96,378 (942) ‐1% (15,460)‐14%
YTD Total 3,686,718$ 3,876,672$ 4,018,727$ 332,009$ 9%142,054$ 4%
Note: Excludes Annexation Credit and Criminal Justice Sales Tax revenue.
Utility Tax by Type 2014 2015 Bgt YTD Act Change 2015/2014 2015 Act vs Bgt
Electrical 1,051,035$ 1,101,651$ 813,149$ (237,885)$ ‐23%$ (288,501)‐26%
Natural Gas 529,426 527,170 459,689 (69,738) ‐13% (67,481)‐13%
Cell 243,976 229,791 137,016 (106,960) ‐44% (92,775)‐40%
Phone 140,016 129,294 203,129 63,113 45% 73,835 57%
Cable 219,617 225,995 228,618 9,001 4% 2,623 1%
Garbage/Solid Waste 116,166 67,307 88,160 (28,006) ‐24% 20,853 31%
City Utilities 597,445 597,542 641,357 43,911 7% 43,815 7%
Utility Tax Audit ‐ ‐ ‐ ‐ N/A ‐ N/A
YTD Total 2,897,682$ 2,878,750$ 2,571,119$ (326,563)$ ‐11%(307,631)$ ‐11%
Annual Total 16,376,127$ 16,173,734$
YTD as % of 18% 18%
Page 3 of 37
Monthly Financial Report February 2015
Other Taxes
Real Estate Excise Tax
The City collected $159k in Real
Estate Excise Tax revenues (REET)
for February. This is $290k or 65%
less than the same month last
year and is $163k or 51% less than
the current month’s budget. The
year‐to‐date collection is $385k,
which is $226k or 37% less than
the prior year and is also $110k or
22% below the budget. The
variance in February 2014 is due
to an audit done by the
Washington State Department of
Revenue ($135k) and 1 large
transaction ($119k).
Gambling Tax
February’s Gambling Tax
collections totalled $184k, which
is $51k or 38% above the same
month last year and is also above
the current month’s budget by
$73k or 65%. The year‐to‐date
total of $342k is $78k or 29%
above the prior year and is also
$88k or 35% above budget.
Pull tabs overall had a 26%
increase, bingo had a 12%
decrease, and card‐rooms are
seeing 19% higher in activities
when compared to the prior year.
Franchise Fees
Franchise Fees are due quarterly
in January, April, July, and
October. The year‐to‐date total
of $333k is $10k or 3% higher
than the prior year and is also
$31k or 10% above the projected
year‐to‐date budget.
2014 2015 2015
Actual Budget Actual $ % $ %
Jan 162,143$ 173,895$ 226,377$ 64,234$ 40% 52,482$ 30%
Feb 448,452 321,137 158,616 (289,836) ‐65% (162,521) ‐51%
Mar 227,629 243,963
Apr 909,120 493,711
May 262,746 296,886
Jun 624,342 482,026
Jul 350,214 316,651
Aug 346,677 335,635
Sep 265,534 276,677
Oct 436,050 356,734
Nov 223,675 319,526
Dec 92,179 383,158
YTD Total 610,596$ 495,032$ 384,994$ (225,602)$ ‐37% (110,039)$ ‐22%
Annual Total 4,348,762$ 4,000,000$
Real Estate Excise Tax Re venues
Year to Date through February
Month
2015 vs. Budget2015 vs. 2014
2014 2015 2015
Actual Budget Actual $ % $ %
Jan 131,776$ 142,914$ 158,293$ 26,516$ 20% 15,379$ 11%
Feb 133,109 111,429 184,189 51,080 38% 72,759 65%
Mar 153,695 142,756 ‐
Apr 103,980 142,027 ‐
May 138,319 127,128 ‐
Jun 135,701 105,469 ‐
Jul 122,588 114,073 ‐
Aug 130,381 124,075 ‐
Sep 139,444 137,724 ‐
Oct 155,499 144,185 ‐
Nov 156,921 146,442 ‐
Dec 148,970 161,778 ‐
YTD Total 264,885$ 254,343$ 342,481$ 77,596$ 29% 88,138$ 35%
Annual Total 1,650,384$ 1,600,000$
Year to Date through February
2015 vs. 2014 2015 vs. Budget
Gambling Tax Revenue
Month
2014 2015 2015
Actual Budget Actual $ % $ %
Jan 323,121$ 302,491$ 333,343$ 10,222$ 3% 30,852$ 10%
Feb ‐ 95 ‐
Mar ‐ 424 ‐
Apr 323,544 301,608 ‐
Jul 324,273 303,714 ‐
Oct 321,828 305,167 ‐
Dec 49,502 46,502 ‐
YTD Total 323,121$ 302,586$ 333,343$ 10,222$ 3% 30,852$ 10%
Annual Total 1,342,269$ 1,260,000$
Month
2015 vs. 2014 2015 vs. Budget
Franchise Fees Revenue
Year to Date through February
Page 4 of 37
Monthly Financial Report February 2015
Admission Tax
Admission Tax returns are due
quarterly in January, April, July,
and October of each year. January
2015 collections represent
activities conducted during the 4th
quarter of 2014. The year‐to‐date
collection of $85k is $5k or 6%
more than the prior year and is
also $3k or 4% more than the
budget.
Licenses and Permits
Building Permits and Development
Service Fees
Building Permits and Development
Service Fee revenues totalled
$329k in February. The year‐to‐
date development fees revenue of
$589k is $256k or 30% less than
the year before and is also $183k
or 24% lower than budget.
Business Licenses
Business Licenses totalled $38k for
February, which is $13k or 54%
above the same month last year
and is also $6k or 18% above the
current month’s budget. The
year‐to‐date Business Licenses
revenue of $140k is $12k or 9%
above the prior year and is also
$9k or 7% higher than the budget.
2014 2015 2015
Actual Budget Actual $ % $ %
Jan 80,243$ 81,652$ 83,675$ 3,432$ 4% 2,023$ 2%
Feb ‐ ‐ 1,371 1,371 100% 1,371 100%
Apr 74,163 72,512 ‐
Jun 145 73 ‐
Jul 79,130 83,619 ‐
Aug ‐ 38 ‐
Oct 76,631 81,433 ‐
Nov ‐ 598 ‐
Dec ‐ 75 ‐
YTD Total 80,243$ 81,652$ 85,046$ 4,803$ 6% 3,394$ 4%
Annual Total 310,311$ 320,000$
2015 vs. Budget
Admission Tax Revenue
Year to Date through February
Month
2015 vs. 2014
2014 2015 2015
Actual Budget Actual $ % $ %
Jan 432,890$ 417,515$ 260,603$ (172,288)$ ‐40% (156,913)$ ‐38%
Feb 412,317 354,160 328,557 (83,760) ‐20% (25,602) ‐7%
Mar 388,190 373,356
Apr 374,004 408,228
May 349,590 404,850
Jun 516,689 448,800
Jul 288,957 333,738
Aug 300,184 353,949
Sep 369,040 343,237
Oct 393,023 463,224
Nov 239,983 351,665
Dec 454,368 427,027
YTD Total 845,207$ 771,675$ 589,160$ (256,047)$ ‐30% (182,515)$ ‐24%
Annual Total 4,519,234$ 4,679,749$
Building Permits and Development Se rvice Fees
Year to Date through February
2015 vs. Budget2015 vs. 2014
Month
2014 2015 2015
Actual Budget Actual $ % $ %
Jan 103,064$ 98,510$ 101,630$ (1,434)$ ‐1% 3,120$ 3%
Feb 25,013 32,600 38,440 13,428 54% 5,841 18%
Mar 5,421 8,867 ‐
Apr 97,104 99,158 ‐
May 15,091 24,049 ‐
Jun 7,444 6,525 ‐
Jul 109,369 80,396 ‐
Aug 16,430 22,656 ‐
Sep 5,290 4,729 ‐
Oct 108,777 108,602 ‐
Nov 18,991 16,050 ‐
Dec 3,562 3,858 ‐
YTD Total 128,077$ 131,109$ 140,070$ 11,993$ 9% 8,961$ 7%
Annual Total 515,555$ 506,000$
2015 vs. 2014
Year to Date through February
2015 vs. Budget
Business Licenses
Month
Page 5 of 37
Monthly Financial Report February 2015
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 83% of the total
revenues in this category.
The year‐to‐date total Intergovernmental revenue is $1.1 million or 9% of the budget.
State Shared Revenues
State Shared Revenue
collections totalled $797k
since the start of the year.
Compared to the prior year,
State Shared Revenues are
above by $19k or 2%.
Compared to the projected
budget, the City is collecting
$101k or 14% more. The
higher than expected
collection is due to
collecting more than
anticipated Criminal Justice
Sales Tax and the low budget of Criminal Justice’s High Crime.
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 $983k or 14% of the budget. The following
sections provide detail information for Public Safety, Recreation, and Interfund Services.
Public Safety Services
Public Safety Services totalled
$101k 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 $62k or 38% less.
Compared to the year‐to‐date
budget, the City is under budget
by $4k or 4%. The large January
2014 variance is due to the timing
of when Valley Narcotics
Enforcement Team (VNET)
contributions are receipted. The
2014 2015 2015
Actual Budget Actual $ % $ %
Jan 117,639$ 50,388$ 58,509$ (59,130)$ ‐50% 8,121$ 16%
Feb 45,139 54,499 42,228 (2,910) ‐6% (12,271) ‐23%
Mar 44,028 27,253 ‐
Apr 38,202 34,344 ‐
May 35,540 28,065 ‐
Jun 107,246 48,449 ‐
Jul 56,212 42,187 ‐
Aug 64,201 35,937 ‐
Sep 44,169 31,301 ‐
Oct 190,822 91,374 ‐
Nov 37,507 29,303 ‐
Dec 65,704 39,982 ‐
YTD Total 162,778$ 104,887$ 100,737$ (62,041)$ ‐38% (4,150)$ ‐4%
Annual Total 846,409$ 513,081$
Month
2015 vs. 2014
Year to Date through February
Public Safety Services
2015 vs. Budget
Intergovernmental 2014 2015 Bgt YTD Act Change 2015/2014 2015 Act vs Bgt
Fire District #25 ‐$ ‐$ ‐$ ‐$ N/A $ ‐ N/A
Fire District #40 151,469 158,163 158,163 6,694 4%‐ 0%
State Shared Revenue 777,918 696,555 797,170 19,252 2% 100,615 14%
Federal Grants 722,106 133,343 133,343 (588,763) ‐82%‐ 0%
State Grants ‐ 0 ‐ ‐ N/A ‐ 0%
Other Grants/Intgovt 62,541 58,884 55,768 (6,773) ‐11% (3,116) ‐5%
ARRA Grants ‐ 0 ‐ ‐ N/A ‐ 0%
Total Rev YTD 1,714,034$ 1,046,945$ 1,144,443$ (569,591)$ ‐33%97,499$ 9%
Total Rev Annual 13,664,242$ 12,877,629$
YTD %13%8%9%
Note: Includes CJ Sales Tax and FD25 & FD40 contracts
2014 2015 2015
Actual Budget Actual $ % $ %
Crim Just Sales Tax 397,797$ 406,271$ 429,905$ 32,109$ 8% 23,635$ 6%
Judicial Contribution 5,763 ‐ 5,409 (354) ‐6% 5,409 100%
Crim Just ‐ High Crime 63,559 ‐ 62,861 (698) ‐1% 62,861 100%
Crim Just ‐ Pop 5,947 5,767 6,345 398 7% 578 10%
Crim Just ‐ Spec Prog 22,008 21,437 23,311 1,303 6% 1,874 9%
State DUI 4,433 4,305 4,272 (161) ‐4% (33) ‐1%
Liquor Profits ‐ ‐ ‐ ‐ N/A ‐ N/A
Liquor Excise Tax 63,322 57,415 48,351 (14,971) ‐24% (9,064) ‐16%
Fuel Tax 215,089 201,360 216,715 1,627 1% 15,356 8%
YTD Total 777,918$ 696,555$ 797,170$ 19,252$ 2% 100,615$ 14%
Annual Total 5,045,728$ 4,777,519$
Year to Date through February
State Shared Revenues
2015 vs. 2014
Revenue
2015 vs. Budget
Page 6 of 37
Monthly Financial Report February 2015
large June 2014 variance is due to staff reimbursement for training provided to the Basic Law Enforcement Academy. The large
October variance is due to staff reimbursement for the Oso mudslide.
Recreation
Recreation revenues totalled $30k
for the current month. Compared
to the same month the prior year,
the City collected $39k or 56%
less. Compared to the projected
monthly budget, the City
collected $33k or 53% more. The
year‐to‐date collection of $147k is
$9k or 6% higher than the year
before and is also $15k or 11%
higher than the year‐to‐date
budget.
Interfund Services
The year‐to‐date collections for
Interfund Services revenues are
$529k. Compared to the prior
year, the revenues are under by
$29k or 5%. Compared to the
projected budget, the revenues
are above by $5k or 1%. 2015’s
monthly budgets are based on
1/12th of the annual budget. The
majority of these revenues are
related to indirect cost
allocations, which are internal
administrative costs. The
remaining costs consist of
Development Services division’s
inspection fees, Parks Planning
and Natural Resources division’s capital investment program reimbursements, Transportation division’s capital investment
program reimbursements, and Maintenance division’s street maintenance reimbursements.
2014 2015 2015
Actual Budget Actual $ % $ %
Jan 69,522$ 68,996$ 117,124$ 47,602$ 68% 48,128$ 70%
Feb 68,873 63,673 30,177 (38,696) ‐56% (33,495) ‐53%
Mar 66,458 77,421 ‐
Apr 179,282 185,568 ‐
May 106,771 107,408 ‐
Jun 172,332 171,135 ‐
Jul 318,669 352,117 ‐
Aug 245,982 239,664 ‐
Sep 119,109 128,721 ‐
Oct 72,614 82,910 ‐
Nov 36,383 54,128 ‐
Dec 29,129 48,876 ‐
YTD Total 138,395$ 132,669$ 147,301$ 8,906$ 6% 14,633$ 11%
Annual Total 1,485,123$ 1,580,616$
Recreation
Year to Date through February
2015 vs. Budget2015 vs. 2014
Month
2014 2015 2015
Actual Budget Actual $ % $ %
Jan 301,808$ 262,285$ 265,068$ (36,741)$ ‐12% 2,783$ 1%
Feb 257,027 262,285 264,413 7,386 3% 2,128 1%
Mar 287,465 262,285 ‐
Apr 295,489 262,285 ‐
May 269,032 262,285 ‐
Jun 277,620 262,285 ‐
Jul 244,707 262,285 ‐
Aug 284,344 262,285 ‐
Sep 278,550 262,285 ‐
Oct 256,662 262,285 ‐
Nov 254,192 262,285 ‐
Dec 263,607 262,285 ‐
YTD Total 558,835$ 524,569$ 529,480$ (29,355)$ ‐5% 4,911$ 1%
Annual Total 3,270,503$ 3,147,416$
2015 vs. Budget
Month
Interfund Services
Year to Date through February
2015 vs. 2014
Page 7 of 37
Monthly Financial Report February 2015
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
$339k. This is $51k or 18% higher
than a year ago but is $83k or 20%
below the budget. The reason for
the variance with the prior year
and budget is due to a change in
accounting for December 2014’s
revenue. In the past we would
record December through
November, but starting in 2015 we are recording January through December.
Included in the Fines and Penalties revenue
budget is $2.2 million from the Photo
Enforcement program. The monthly budget is
based on the prior year’s revenue. The year‐to‐
date collections from this program equates to
$274k.
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 $1.1
million which is represented in the table. Due
to the timing of when the invoice was received,
January 2015’s equipment rental costs should be recorded in March (along with February’s).
2014 2015 2015
Actual Budget Actual $ % $ %
Jan 136,762$ 180,526$ 124,856$ (11,906)$ ‐9% (55,670)$ ‐31%
Feb 151,470 241,215 213,981 62,511 41% (27,234) ‐11%
Mar 203,482 285,153
Apr 263,785 357,892
May 208,436 298,306
Jun 224,214 299,729
Jul 205,103 271,908
Aug 258,728 261,362
Sep 247,480 243,883
Oct 239,990 262,728
Nov 287,406 292,068
Dec 256,092 325,729
YTD Total 288,232$ 421,742$ 338,837$ 50,605$ 18% (82,905)$ ‐20%
Annual Total 2,682,948$ 3,320,500$
Month
2015 vs. Budget2015 vs . 2014
Year to Date through February
Fines and Penalties by Month
Year to Date through February
2014 2015 2015
Actual Budget Actual $ % $ %
Civil Penalties 1,331$ 2,047$ 368$ (963)$ ‐72% (1,678)$ ‐82%
Civil Infraction Penalties 84,598 70,982 27,696 (56,902) ‐67% (43,286) ‐61%
Civil Parking Infraction Penalties 31,388 26,225 9,683 (21,706) ‐69% (16,543) ‐63%
Photo Enforcement Program 129,766 287,496 273,894 144,128 111% (13,602) ‐5%
Criminal Traffic Misdemeanor Fines 14,314 14,078 7,085 (7,229) ‐51% (6,992) ‐50%
Criminal Non‐Traffic Fines 6,415 4,547 4,837 (1,577) ‐25% 290 6%
Criminal Costs 18,015 14,181 9,988 (8,027) ‐45% (4,192) ‐30%
Non‐Court Fines, Forfeitures and Penalties 2,405 2,186 5,285 2,880 120% 3,099 142%
YTD Total 288,232$ 421,742$ 338,837$ 50,605$ 18% (82,905)$ ‐20%
Annual Total 2,682,948$ 3,320,500$
Revenue
2015 vs. Budget
Fines and Penalties by Type
2015 vs. 2014
Favorable
Budget Actual Budget Actual (Unfavorable)
1
Jan 138,983$ 121,709$ 93,410$ 30,160$ 91,549$
Feb 148,513 152,185 93,410 30,160 122,026
Mar 168,263 ‐ 93,410 ‐ ‐
Apr 251,837 ‐ 93,410 ‐ ‐
May 200,513 ‐ 93,410 ‐ ‐
Jun 191,262 ‐ 93,410 ‐ ‐
Jul 193,937 ‐ 93,410 ‐ ‐
Aug 168,554 ‐ 93,410 ‐ ‐
Sep 153,716 ‐ 93,410 ‐ ‐
Oct 170,949 ‐ 93,410 ‐ ‐
Nov 199,054 ‐ 93,410 ‐ ‐
Dec 208,419 ‐ 93,410 ‐ ‐
YTD Total 287,496$ 273,894$ 186,820$ 60,320$ 213,575$
Annual Total 2,194,000$ 1,120,918$
1Actuals of Revenues and Expenses
Photo Enforcement Program
Year to Date through February
Month
Revenues Expenses
Page 8 of 37
Monthly Financial Report February 2015
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 74% of
the total revenue in this category.
The year‐to‐date total
miscellaneous is $405k.
Compared to last year, the
revenues are above by $62k or
18%. Compared to the projected
year‐to‐date budget, the revenues
are over by $131k or 48%. The negative amount for July 2014 is due to a correction made to move interest earned from Utility
tax audits, originally recorded in June. The large variance in January 2015 and September 2014 is due to recording a trued up
asset interfund interest received from Surface Water Utility. This offsets the correction made to the acreage count Street
Maintenance pays to Surface Water. The table below page breaks out miscellaneous revenues by type.
Interest and other earnings are higher than the prior year and budget due to the timing of when interfund interest was
recorded from Surface Water to Street Maintenance (prior year, trued up September).
Other miscellaneous revenues are higher than the prior year and budget due to higher than expected utility late payment
penalties and miscellaneous fire reimbursements.
2014 2015 2015
Actual Budget Actual $ % $ %
Jan 243,963$ 195,249$ 269,664$ 25,701$ 11% 74,416$ 38%
Feb 99,547 79,392 135,539 35,992 36% 56,147 71%
Mar 126,132 138,941
Apr 70,094 79,092
May 107,650 134,915
Jun 257,714 214,161
Jul (21,407) 37,022
Aug 121,979 120,533
Sep 552,749 422,492
Oct 119,594 105,005
Nov 128,732 105,350
Dec 491,839 533,056
YTD Total 343,510$ 274,641$ 405,203$ 61,694$ 18% 130,562$ 48%
Annual Total 2,298,586$ 2,165,209$
Year to Date through February
Month
2015 vs. Budget2015 vs. 2014
Miscellaneous Revenues by Month
2014 2015 2015
Actual Budget Actual $ % $ %
Interests and Other Earnings 19,330$ 18,421$ 105,682$ 86,352$ 447% 87,261$ 474%
Rents, Leases, and Concessions 197,760 193,528 196,165 (1,595) ‐1% 2,636 1%
Contributions/Donations from Private Sources 6,709 4,049 8,177 1,467 22% 4,128 102%
Other 117,863 64,920 95,180 (22,683) ‐19% 30,260 47%
Seizure Funds ‐ Federal/State/Local 1 1,848 (6,277) ‐ (1,848) 0% 6,277 0%
YTD Total 343,510$ 274,641$ 405,203$ 61,694$ 18% 130,562$ 48%
Annual Total 2,298,586$ 2,165,209$
1Seizure Funds are categorized in Miscellaneous for 2013 and on.
2015 vs. Budget
Miscellaneous Revenues by Type
Year to Date through February
Revenue
2015 vs. 2014
Page 9 of 37
Monthly Financial Report February 2015
EXPENSES
Overall the City has expended 15% of its budgeted general governmental expenditures at the end of February. This is $536k or
3% 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 or 0.1%. This is due to over spending on general services, travel/training,
and repair/maintenance services and under spending on salaries/benefits and supplies. We will monitor these items to
determine if a budget adjustment is necessary.
Page 10 of 37
Monthly Financial Report February 2015
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. The negative beginning fund balance for the Golf
Course fund is due to receiving less than anticipated user fees in 2014. The City is currently working to address this issue for
2015 and on.
Airport Golf Course Solid Waste
Utility Water Utility Wastewater
Utility
Surface Water
Utility Metro
REVENUES:
Licenses and permits ‐ ‐ ‐ ‐ 16,025 5,500 ‐
Grants / intergovernmental 375,437 ‐ 36,628 ‐ ‐ 61,735 ‐
Charges for services 21,595 157,450 3,030,901 2,428,365 1,636,885 1,758,384 2,625,514
Interdepartmental services ‐ ‐ ‐ ‐ ‐ ‐ ‐
Fines and penalties 806 ‐ ‐ ‐ ‐ ‐ ‐
Rents, leases, and misc fees 402,387 26,307 13,112 11,525 ‐ ‐ ‐
Interest and other misc 893 452 1,923 65,558 54,414 12,651 2,493
TOTAL REVENUES 801,118 184,209 3,082,564 2,505,448 1,707,324 1,838,270 2,628,007
EXPENSES:
Utility billing ‐ ‐ 21,799 20,580 15,714 25,342 ‐
Utility systems ‐ ‐ 2,265,342 826,523 504,127 512,527 ‐
Utility maintenance ‐ ‐ 43,702 749,454 245,748 421,405 2,582,251
Transportation 208,555 ‐ ‐ ‐ ‐ ‐ ‐
Golf ‐ 262,901 ‐ ‐ ‐ ‐ ‐
TOTAL EXPENSES 208,555 262,901 2,330,843 1,596,557 765,589 959,274 2,582,251
AMOUNT AVAILABLE FOR DEBT SERVICE 592,563 (78,692) 751,721 908,891 941,735 878,996 45,756
DEBT SERVICE:
Principal ‐ ‐ ‐ ‐ ‐ ‐ ‐
Interest ‐ ‐ ‐ ‐ ‐ 86,670 ‐
TOTAL DEBT SERVICE ‐ ‐ ‐ ‐ ‐ 86,670 ‐
CAPITAL PROJECTS 3,365 ‐ ‐ 106,665 55,557 694,250 ‐
TRANSFERS IN/(OUT)‐ ‐ ‐ ‐ (326) ‐ ‐
CHANGE IN FUND BALANCE 589,198 (78,692) 751,721 802,226 885,852 98,076 45,756
BEGINNING FUND BALANCE, Jan 1 806,821 (42,911) 1,545,606 15,872,094 7,589,089 7,804,221 3,316,310
ENDING FUND BALANCE, Feb 28 1,396,019 (121,603) 2,297,327 16,674,320 8,474,941 7,902,297 3,362,066
Page 11 of 37
Monthly Financial Report February 2015
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 ‐ 17,974 ‐ ‐ ‐ ‐ ‐
Grants / intergovernmental ‐ ‐ ‐ ‐ ‐ ‐ ‐
Charges for services
Equipment rental m&o 459,417 584,819 ‐ ‐ ‐ ‐ ‐
Print and mail ‐ 14,686 ‐ 70,076 ‐ ‐ ‐
Communications ‐ ‐ ‐ 95,135 ‐ ‐ ‐
Facilities ‐ ‐ 820,243 ‐ ‐ ‐ ‐
Data cards and cell phones ‐ 26,734 ‐ ‐ ‐ ‐ ‐
IT service contracts ‐ 82,076 ‐ ‐ ‐ ‐ ‐
Interest and other misc 4,176 1,565 963 304 8,837 5,096 5,891
Internal service fund misc:
Vehicle / equipment capital recovery 493,501 28,340 ‐ ‐ ‐ ‐ ‐
Insurance premiums ‐ ‐ ‐ ‐ 309,326 ‐ ‐
Worker's comp/unemployment ‐ ‐ ‐ ‐ 283,213 ‐ ‐
Benefit premiums ‐ ‐ ‐ ‐ ‐ 1,927,555 371,094
Other misc 281 ‐ 484 17 ‐ 194,386 ‐
Interfund Loan ‐ ‐ ‐ ‐ ‐ ‐ ‐
Capital contributions ‐ ‐ ‐ ‐ ‐ ‐ ‐
Disposal of capital assets ‐ ‐ ‐ ‐ ‐ ‐ ‐
Insurance recoveries ‐ ‐ ‐ ‐ 19,169 ‐ ‐
TOTAL REVENUES 957,375 756,194 821,690 165,532 620,545 2,127,037 376,985
EXPENSES:
Communications 73,954
Equipment rental 288,483
Facilities 646,087
Healthcare 1,841,237
Information technology 571,499
Print and mail 46,134
Retiree healthcare 106,823
Risk management:
Risk ma nagement 1,073,499
Unemployment 8,712
Worker's compensation 298,337
TOTAL EXPENSES 288,483 571,499 646,087 120,088 1,380,548 1,841,237 106,823
AMOUNT AVAILABLE FOR CAPITAL 668,892 184,695 175,603 45,444 (760,003) 285,800 270,162
CAPITAL PROJECTS 268,454 72,749 23,344 ‐ ‐ ‐ ‐
TRANSFERS IN 11,005 30,726 ‐ ‐ ‐ ‐ ‐
TRANSFERS (OUT)‐ ‐ ‐ ‐ ‐ ‐ ‐
CHANGE IN FUND BALANCE 411,443 142,672 152,259 45,444 (760,003) 285,800 270,162
BEGINNING FUND BALANCE, Jan 1 5,310,319 1,916,048 1,154,089 383,969 12,069,311 6,675,505 7,711,863
ENDING FUND BALANCE, Feb 28 5,721,762 2,058,720 1,306,348 429,413 11,309,308 6,961,305 7,982,025
Page 12 of 37
Monthly Financial Report February 2015
FUND BALANCE
Page 14 shows the ending fund balance as of February 2015. The City’s fund balance is a combination of current deficit/surplus
of funds which have accrued from unexpended operating budgets, unanticipated excess revenues, and from balances
accumulated from prior years.
The prior year’s balances (or beginning balance) include funds identified as being reserved for specific purposes or required to
meet the current year’s appropriations. These balances also provide financial stability to the City’s operation during uncertain
times and provide a layer of security to bondholders.
At the end of February, the City has $12.4 million reported in the combined general governmental fund balance of the current
year’s operating budget, which is approximately 11% of budgeted operating expenditures. This is a decrease of $5.1 million
from the year’s beginning balance. February’s ending fund balance is over the anticipated General Governmental Fund Balance
of $8 million by $4.5 million or 56.6%. Although the ending fund balance is above projections, it is consistent with the prior
years’ trends.
CONTACT INFORMATION
This report is prepared by the Finance Division of the Administrative Services Department. For additional financial information,
please also review our website: http://www.rentonwa.gov/. For any questions about the report, please feel free to contact us at
hnguyen@rentonwa.gov or JDThomas@Rentonwa.gov.
Page 13 of 37
Monthly Financial Report February 2015
City of Renton
All Funds ‐ Revenue, Expenditures and Fund Balances
Cash Basis through February 28, 2015
Funds
Balance
01/01/2015
Budgeted
Revenue
Revenue
02/28/15
Total Funds
Available
Budgeted
Expenditure
Expenditure
02/28/15 Ending Balance
GENERAL GOVERNMENT FUNDS: 17,565,282 112,867,002 11,956,490 29,521,772 112,941,443 17,074,731 12,447,041
000 General 11,159,313 83,402,440 9,298,621 20,457,934 83,490,932 13,680,802 6,777,132
001 Community Services 2,467,703 12,284,640 1,171,264 3,638,967 12,284,640 1,606,895 2,032,072
003 Street 2,147,229 10,096,711 988,401 3,135,630 10,096,711 1,426,738 1,708,891
004 Community Dev Block Grant 74,951 307,462 ‐ 74,951 293,358 17,073 57,878
005 Museum 65,500 227,761 43 65,543 227,761 37,516 28,027
009 Farmers Market 104,950 59,400 2,665 107,615 59,453 7,250 100,366
011 Fire Health & Wellness 74,565 25,000 3,763 78,328 25,000 ‐ 78,328
201 Ltd GO Bonds Gen Govt Debt 838,633 1,749,405 633 839,266 1,749,405 ‐ 839,266
215 Gen Govt Misc Debt Service 632,438 4,714,183 491,100 1,123,538 4,714,183 298,456 825,082
SPECIAL REVENUE FUNDS:1,100,381 1,786,631 276,741 1,377,122 1,749,027 104,866 1,272,256
102 Arterial Street 14,885 640,000 102,013 116,898 640,000 ‐ 116,898
108 Leased City Properties 121,014 768,957 89,585 210,599 663,403 101,516 109,083
110 Hotel Motel 219,090 265,000 31,074 250,164 245,000 3,350 246,814
125 1% For Art 101,380 15,000 77 101,457 102,950 ‐ 101,457
127 Cable Communication 313,090 97,674 53,742 366,832 97,674 ‐ 366,832
135 Springbrook Wetlands Bank 330,922 ‐ 250 331,172 ‐ ‐ 331,172
CAPITAL PROJECT FUNDS (CIP): 27,979,966 16,913,628 2,213,615 30,193,581 18,086,630 1,722,305 28,471,276
303 Community Dev Mitigation 1,238,600 86,500 98,318 1,336,918 ‐ ‐ 1,336,918
304 Fire Mitigation 926,488 99,000 77,796 1,004,284 250,000 ‐ 1,004,284
305 Transportation Mitigation 844,648 216,500 214,521 1,059,169 196,000 ‐ 1,059,169
316 Municipal Facilities CIP 4,493,986 3,344,000 514,347 5,008,333 3,366,000 94,845 4,913,488
317 Transportation CIP 4,059,718 13,167,628 1,295,464 5,355,182 14,274,630 184,413 5,170,769
326 Housing Opportunity 1,086,766 ‐ 824 1,087,590 ‐ ‐ 1,087,590
336 New Library Development 15,329,760 ‐ 12,345 15,342,105 ‐ 1,443,047 13,899,058
ENTERPRISE FUNDS:36,891,230 77,167,168 12,755,271 49,646,501 76,362,879 9,661,137 39,985,364
4X2 Airport Op erating & CIP 806,821 2,651,020 801,118 1,607,939 2,260,529 211,920 1,396,019
403 Solid Waste Utility 1,545,606 16,461,726 3,082,565 4,628,171 16,675,139 2,330,843 2,297,328
4X4 Golf Operating & CIP (42,911) 2,655,383 192,539 149,628 2,616,052 271,231 (121,603)
4X5 Water Operating & CIP 15,872,094 16,272,634 2,505,448 18,377,542 16,737,381 1,703,222 16,674,320
4X6 Waste Water Operating & CIP 7,589,089 10,487,717 1,707,325 9,296,414 9,688,076 821,474 8,474,940
416 King County Metro 3,316,310 16,638,722 2,628,007 5,944,317 16,638,722 2,582,251 3,362,066
4X7 Surface Water Operating & CIP 7,804,221 11,999,966 1,838,269 9,642,490 11,746,980 1,740,196 7,902,294
INTERNAL SERVICE FUNDS:35,221,104 35,246,283 5,867,091 41,088,195 34,193,238 5,319,311 35,768,884
501 Equipment Repair/Replacement 5,310,319 5,764,536 968,380 6,278,699 5,507,047 556,936 5,721,763
502 Insurance 12,069,311 4,341,647 620,545 12,689,856 3,594,578 1,380,548 11,309,308
503 Information Services 1,916,048 4,631,231 786,921 2,702,969 4,641,865 644,249 2,058,720
504 Facilities 1,154,089 4,922,003 821,690 1,975,779 4,918,001 669,431 1,306,348
505 Communications 383,969 992,431 165,532 549,501 991,430 120,087 429,414
512 Insurance, Healthcare 6,675,505 12,954,736 2,127,038 8,802,543 13,424,573 1,841,237 6,961,306
522 Insurance, Leoff1 Retirees HC 7,711,863 1,639,699 376,985 8,088,848 1,115,744 106,823 7,982,025
FIDUCIARY FUNDS: 5,040,982 468,000 1,941 5,042,923 210,475 36,539 5,006,384
611 Firemen's Pension 5,040,982 468,000 1,941 5,042,923 210,475 36,539 5,006,384
TOTAL FUNDS 123,798,945 244,448,712 33,071,149 156,870,094 243,543,692 33,918,889 122,951,205
Page 14 of 37
City of Renton
General Government Financial Position
2015 Budget Year
General Government Summary
Revenues Expenditures
$ Difference
over (under)
w/beginning
balance
17,565,282
January 5,697,180 8,067,548 (2,370,368) 15,194,914
February 11,956,490 17,074,731 (5,118,241) 12,447,041
March
April
May
June
July
August
September
October
November
December
(9,000,000)
(8,000,000)
(7,000,000)
(6,000,000)
(5,000,000)
(4,000,000)
(3,000,000)
(2,000,000)
(1,000,000)
‐
‐
10,000,000
20,000,000
30,000,000
40,000,000
50,000,000
60,000,000
70,000,000
80,000,000
90,000,000
100,000,000
110,000,000
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Change in Fund
Balance
Rev/Exp Revenues
Expenditures
Change in Fund Balance
Page 15 of 37
City of Renton
Monthly Revenue Analysis ‐ 2015 Budget Year
General
Government Budget
YTD
Actual
Annual %
over (under)
Jan 5,705,609 5,697,180 ‐0.15%
Feb 12,053,641 11,956,490 ‐0.81%
Mar 18,446,403
Apr 33,237,045
May 49,527,884
Jun 55,488,282
Jul 62,000,315
Aug 68,283,620
Sep 74,715,909
Oct 90,717,544
Nov 105,490,609
Dec 112,867,002
Percent of budget 10.59%
Property Tax Budget
YTD
Actual
Annual %
over (under)
Jan 27,853 67,234 141.39%
Feb 320,628 374,240 16.72%
Mar 1,386,683
Apr 9,424,178
May 17,968,476
Jun 17,986,266
Jul 18,513,875
Aug 18,941,825
Sep 19,457,794
Oct 28,804,271
Nov 35,032,115
Dec 36,040,000
Percent of budget 1.04%
$‐
$10
$20
$30
$40
$50
$60
$70
$80
$90
$100
$110
$120
Millions
Total Revenue
General Government
Budget
Actual
Last Year
$(3)
$‐
$3
$6
$9
$12
$15
$18
$21
$24
$27
$30
$33
$36
Millions Property Tax
Budget
Actual
Last Year
Page 16 of 37
City of Renton
Monthly Revenue Analysis ‐ 2015 Budget Year
Sales Tax Budget
YTD
Actual
Annual %
over (under)
Jan 1,930,372 1,966,653 1.88%
Feb 4,312,924 4,494,673 4.21%
Mar 6,156,744
Apr 8,019,181
May 10,179,318
Jun 12,126,605
Jul 14,093,945
Aug 16,267,801
Sep 18,318,344
Oct 20,462,487
Nov 22,646,995
Dec 24,759,699
Percent of budget 18.15%
Note: Excludes CJ Sales Tax and Natural Gas Use Tax.
Utility Tax Budget
YTD
Actual
Annual %
over (under)
Jan 1,356,778 1,199,348 ‐11.60%
Feb 2,878,750 2,571,119 ‐10.69%
Mar 4,317,117
Apr 5,729,999
May 7,119,133
Jun 8,428,489
Jul 9,615,321
Aug 10,918,003
Sep 12,261,431
Oct 13,424,645
Nov 14,658,198
Dec 16,173,734
Percent of budget 15.90%
Note: Includes Natural Gas Use Tax.
$‐
$3
$6
$9
$12
$15
$18
$21
$24
Millions Sales Tax
Budget
Actual
Last Year
$‐
$2
$4
$6
$8
$10
$12
$14
$16
Millions Utility Tax
Budget
Actual
Last Year
Page 17 of 37
City of Renton
Monthly Revenue Analysis ‐ 2015 Budget Year
Licenses &
Permits Budget
YTD
Actual
Annual %
over (under)
Jan 401,666 299,656 ‐25.40%
Feb 703,556 583,727 ‐17.03%
Mar 936,587
Apr 1,341,646
May 1,662,501
Jun 2,022,387
Jul 2,361,559
Aug 2,657,556
Sep 2,918,335
Oct 3,399,093
Nov 3,693,994
Dec 3,911,417
Percent of budget 14.92%
Note: Franchise Fees
Intergovt'l Budget
YTD
Actual
Annual %
over (under)
Jan 434,559 500,793 15.24%
Feb 1,046,944 1,144,443 9.31%
Mar 1,539,200
Apr 2,548,929
May 5,070,927
Jun 5,727,034
Jul 6,387,645
Aug 6,967,321
Sep 7,659,858
Oct 8,670,668
Nov 12,246,065
Dec 12,877,629
Percent of budget 8.89%
Note: Includes CJ Sales Tax and FD25 & FD40 contracts
$‐
$1
$2
$3
$4
$5
$6
$7
$8
$9
$10
$11
$12
$13
Millions
Intergovernmental
Budget
Actual
Last Year
$‐
$0.50
$1.00
$1.50
$2.00
$2.50
$3.00
$3.50
$4.00
Millions Licenses & Permits
Budget
Actual
Last Year
Page 18 of 37
City of Renton
Monthly Revenue Analysis ‐ 2015 Budget Year
Charges for
Services Budget
YTD
Actual
Annual %
over (under)
Jan 534,248 523,882 ‐1.94%
Feb 1,045,979 982,531 ‐6.07%
Mar 1,605,315
Apr 2,237,065
May 2,787,340
Jun 3,406,478
Jul 4,183,462
Aug 4,839,746
Sep 5,375,897
Oct 5,947,939
Nov 6,408,613
Dec 7,009,814
Percent of budget 14.02%
Note: Excludes FD25 & FD40 contracts
Fines &
Forfeits Budget
YTD
Actual
Annual %
over (under)
Jan 180,526 124,856 ‐30.84%
Feb 421,742 338,837 ‐19.66%
Mar 706,895
Apr 1,064,787
May 1,363,093
Jun 1,662,822
Jul 1,934,730
Aug 2,196,092
Sep 2,439,975
Oct 2,702,703
Nov 2,994,771
Dec 3,320,500
Percent of budget 10.20%
$‐
$1
$2
$3
$4
$5
$6
$7
$8
Millions Charges for Services
Budget
Actual
Last Year
$‐
$0.50
$1.00
$1.50
$2.00
$2.50
$3.00
$3.50
Millions Fines & Forfeits
Budget
Actual
Last Year
Page 19 of 37
City of Renton
Monthly Revenue Analysis ‐ 2015 Budget Year
Other Taxes Budget
YTD
Actual
Annual %
over (under)
Jan 644,357 745,094 15.63%
Feb 1,048,477 1,061,217 1.22%
Mar 1,372,072
Apr 2,360,868
May 2,705,211
Jun 3,242,156
Jul 3,986,710
Aug 4,377,660
Sep 4,721,202
Oct 5,563,642
Nov 5,934,771
Dec 6,359,000
Percent of budget 16.69%
Misc Budget
YTD
Actual
Annual %
over (under)
Jan 195,249 269,664 38.11%
Feb 274,641 405,203 47.54%
Mar 413,582
Apr 492,674
May 627,590
Jun 841,751
Jul 878,773
Aug 999,306
Sep 1,421,798
Oct 1,526,803
Nov 1,632,153
Dec 2,165,209
Percent of budget 18.71%
$‐
$0.50
$1.00
$1.50
$2.00
$2.50
Millions Miscellaneous
Budget
Actual
Last Year
$‐
$1
$2
$3
$4
$5
$6
$7
Millions Other Taxes
Budget
Actual
Last Year
Page 20 of 37
City of Renton
Monthly Revenue Analysis ‐ 2015 Budget Year
Other
Financing Budget
YTD
Actual
Annual %
over (under)
Jan ‐ ‐ N/A
Feb ‐ 500 100.00%
Mar 12,208
Apr 17,718
May 44,295
Jun 44,295
Jul 44,295
Aug 118,310
Sep 141,275
Oct 215,293
Nov 242,935
Dec 250,000
Percent of budget 0.20%
$0
$50,000
$100,000
$150,000
$200,000
$250,000
Other Financing Sources
Budget
Actual
Last Year
Page 21 of 37
City of Renton
Monthly Revenue Analysis ‐ 2015 Budget Year
REET Budget
YTD
Actual
Annual %
over (under)
Jan 173,895 226,377 30.18%
Feb 495,032 384,994 ‐22.23%
Mar 738,995
Apr 1,232,707
May 1,529,593
Jun 2,011,619
Jul 2,328,270
Aug 2,663,906
Sep 2,940,583
Oct 3,297,317
Nov 3,616,842
Dec 4,000,000
Percent of budget 9.62%
Bldg Permits &
Devlpmt Svc
Fees Budget
YTD
Actual
Annual %
over (under)
Jan 417,515 260,603 ‐37.58%
Feb 771,675 589,160 ‐23.65%
Mar 1,145,031
Apr 1,553,259
May 1,958,109
Jun 2,406,908
Jul 2,740,646
Aug 3,094,595
Sep 3,437,832
Oct 3,901,056
Nov 4,252,721
Dec 4,679,749
Percent of budget 12.59%
$‐
$0.50
$1.00
$1.50
$2.00
$2.50
$3.00
$3.50
$4.00
$4.50
Millions
Real Estate Excise Tax
Budget
Actual
Last Year
$‐
$0.50
$1.00
$1.50
$2.00
$2.50
$3.00
$3.50
$4.00
$4.50
$5.00
Millions Building Permits and Development Service
Fees
Budget
Actual
Last Year
Page 22 of 37
City of Renton
Monthly Expenditure Analysis ‐ 2015 Budget Year
General
Government Budget
YTD
Actual
Annual %
over (under)
Jan 8,773,402 8,067,548 ‐8.05%
Feb 17,610,936 17,074,731 ‐3.04%
Mar 27,580,829
Apr 36,778,256
May 45,904,457
Jun 54,971,296
Jul 64,735,249
Aug 74,435,023
Sep 83,873,894
Oct 93,001,464
Nov 102,103,460
Dec 112,941,443
Percent of budget expended 15.12%
Legislative Budget
YTD
Actual
Annual %
over (under)
Jan 26,298 32,033 21.81%
Feb 58,089 58,037 ‐0.09%
Mar 87,938
Apr 115,765
May 142,930
Jun 171,000
Jul 198,534
Aug 225,314
Sep 252,423
Oct 279,819
Nov 307,043
Dec 335,838
Percent of budget expended 17.28%
$‐
$10
$20
$30
$40
$50
$60
$70
$80
$90
$100
$110
$120
Millions
Total Expenditures
General Government
Budget
Actual
Last Year
$‐
$50,000
$100,000
$150,000
$200,000
$250,000
$300,000
$350,000
Legislative
Budget
Actual
Last Year
Page 23 of 37
City of Renton
Monthly Expenditure Analysis ‐ 2015 Budget Year
Executive Budget
YTD
Actual
Annual %
over (under)
Jan 93,133 80,465 ‐13.60%
Feb 223,666 200,055 ‐10.56%
Mar 356,201
Apr 496,186
May 627,404
Jun 746,113
Jul 876,670
Aug 1,011,592
Sep 1,135,375
Oct 1,263,928
Nov 1,387,811
Dec 1,547,993
Percent of budget expended 12.92%
City Attorney Budget
YTD
Actual
Annual %
over (under)
Jan 147,754 151,100 2.27%
Feb 300,008 294,916 ‐1.70%
Mar 452,011
Apr 612,052
May 767,231
Jun 934,548
Jul 1,092,795
Aug 1,255,535
Sep 1,423,372
Oct 1,584,730
Nov 1,745,168
Dec 2,001,421
Percent of budget expended 14.74%
$‐
$0.30
$0.60
$0.90
$1.20
$1.50
$1.80
Millions Executive
Budget
Actual
Last Year
$‐
$0.40
$0.80
$1.20
$1.60
$2.00
Millions City Attorney
Budget
Actual
Last Year
Page 24 of 37
City of Renton
Monthly Expenditure Analysis ‐ 2015 Budget Year
Court Services Budget
YTD
Actual
Annual %
over (under)
Jan 163,780 151,935 ‐7.23%
Feb 332,997 313,414 ‐5.88%
Mar 502,531
Apr 684,804
May 854,181
Jun 1,037,941
Jul 1,212,999
Aug 1,384,848
Sep 1,557,248
Oct 1,728,007
Nov 1,892,187
Dec 2,111,321
Percent of budget expended 14.84%
CED Admin Budget
YTD
Actual
Annual %
over (under)
Jan 88,213 88,408 0.22%
Feb 176,420 177,244 0.47%
Mar 264,916
Apr 354,961
May 443,442
Jun 532,479
Jul 621,626
Aug 710,658
Sep 799,865
Oct 889,181
Nov 977,850
Dec 1,077,608
Percent of budget expended 16.45%
$‐
$0.20
$0.40
$0.60
$0.80
$1.00
$1.20
$1.40
$1.60
$1.80
$2.00
$2.20
Millions Court Services
Budget
Actual
Last Year
$‐
$0.20
$0.40
$0.60
$0.80
$1.00
$1.20
Millions
Community & Economic
Development Admin
Budget
Actual
Last Year
Page 25 of 37
City of Renton
Monthly Expenditure Analysis ‐ 2015 Budget Year
Development
Services Budget
YTD
Actual
Annual %
over (under)
Jan 241,499 201,493 ‐16.57%
Feb 470,308 427,863 ‐9.02%
Mar 716,652
Apr 983,852
May 1,225,761
Jun 1,467,752
Jul 1,708,759
Aug 1,966,546
Sep 2,186,420
Oct 2,426,496
Nov 2,662,593
Dec 2,914,321
Percent of budget expended 14.68%
Economic
Development Budget
YTD
Actual
Annual %
over (under)
Jan 84,840 43,127 ‐49.17%
Feb 122,587 122,554 ‐0.03%
Mar 185,917
Apr 251,626
May 307,009
Jun 377,269
Jul 460,326
Aug 538,006
Sep 610,514
Oct 681,260
Nov 748,259
Dec 848,340
Percent of budget expended 14.45%
$‐
$0.50
$1.00
$1.50
$2.00
$2.50
$3.00
Millions
Development Services
Budget
Actual
Last Year
$‐
$0.10
$0.20
$0.30
$0.40
$0.50
$0.60
$0.70
$0.80
$0.90
Millions
Economic Development
Budget
Actual
Last Year
Page 26 of 37
City of Renton
Monthly Expenditure Analysis ‐ 2015 Budget Year
Planning Budget
YTD
Actual
Annual %
over (under)
Jan 167,736 197,905 17.99%
Feb 356,139 398,110 11.79%
Mar 552,295
Apr 756,300
May 959,551
Jun 1,172,670
Jul 1,395,010
Aug 1,628,930
Sep 1,860,563
Oct 2,098,441
Nov 2,314,495
Dec 2,561,536
Percent of budget expended 15.54%
Finance Budget
YTD
Actual
Annual %
over (under)
Jan 173,682 171,705 ‐1.14%
Feb 349,801 350,741 0.27%
Mar 535,847
Apr 732,791
May 925,150
Jun 1,177,529
Jul 1,398,007
Aug 1,642,462
Sep 1,853,414
Oct 2,043,444
Nov 2,229,526
Dec 2,795,120
Percent of budget expended 12.55%
$‐
$0.40
$0.80
$1.20
$1.60
$2.00
$2.40
$2.80
Millions Finance
Budget
Actual
Last Year
$‐
$0.50
$1.00
$1.50
$2.00
$2.50
$3.00
Millions
Planning
Budget
Actual
Last Year
Page 27 of 37
City of Renton
Monthly Expenditure Analysis ‐ 2015 Budget Year
City Clerk Budget
YTD
Actual
Annual %
over (under)
Jan 62,327 55,655 ‐10.71%
Feb 154,117 127,473 ‐17.29%
Mar 292,896
Apr 363,579
May 551,378
Jun 612,495
Jul 674,452
Aug 745,168
Sep 810,502
Oct 876,269
Nov 938,389
Dec 1,091,558
Percent of budget expended 11.68%
Includes Hearing Examiner
Human
Resources Budget
YTD
Actual
Annual %
over (under)
Jan 92,234 66,108 ‐28.33%
Feb 191,724 156,267 ‐18.49%
Mar 299,478
Apr 419,831
May 520,778
Jun 633,337
Jul 740,272
Aug 851,182
Sep 962,393
Oct 1,068,605
Nov 1,178,873
Dec 1,316,577
Percent of budget expended 11.87%
$‐
$0.20
$0.40
$0.60
$0.80
$1.00
$1.20
$1.40
Millions Human Resources
Budget
Actual
Last Year
$‐
$0.20
$0.40
$0.60
$0.80
$1.00
$1.20
Millions City Clerk
Budget
Actual
Last Year
Page 28 of 37
City of Renton
Monthly Expenditure Analysis ‐ 2015 Budget Year
Police Budget
YTD
Actual
Annual %
over (under)
Jan 2,829,170 2,696,824 ‐4.68%
Feb 5,321,607 5,110,347 ‐3.97%
Mar 8,121,880
Apr 10,609,085
May 13,421,593
Jun 16,038,735
Jul 18,875,223
Aug 21,353,692
Sep 24,203,091
Oct 26,722,308
Nov 29,509,822
Dec 32,467,334
Percent of budget expended 15.74%
Fire &
Emergency
Services Budget
YTD
Actual
Annual %
over (under)
Jan 2,491,643 2,067,851 ‐17.01%
Feb 5,125,717 5,131,944 0.12%
Mar 7,248,974
Apr 9,379,249
May 11,416,898
Jun 13,542,860
Jul 15,720,061
Aug 18,079,575
Sep 20,227,876
Oct 22,397,733
Nov 24,547,971
Dec 26,876,976
Percent of budget expended 19.09%
$‐
$3
$6
$9
$12
$15
$18
$21
$24
$27
$30
$33
Millions Police
Budget
Actual
Last Year
$‐
$3
$6
$9
$12
$15
$18
$21
$24
$27
Millions Fire & Emergency Services
Budget
Actual
Last Year
Page 29 of 37
City of Renton
Monthly Expenditure Analysis ‐ 2015 Budget Year
Community
Services Admin Budget
YTD
Actual
Annual %
over (under)
Jan 42,784 41,417 ‐3.20%
Feb 87,835 84,599 ‐3.68%
Mar 135,661
Apr 181,130
May 224,432
Jun 268,602
Jul 313,725
Aug 357,711
Sep 401,843
Oct 445,361
Nov 492,475
Dec 545,712
Percent of budget expended 15.50%
Parks Budget
YTD
Actual
Annual %
over (under)
Jan 320,611 291,345 ‐9.13%
Feb 662,569 618,104 ‐6.71%
Mar 1,011,282
Apr 1,390,703
May 1,776,757
Jun 2,191,915
Jul 2,640,750
Aug 3,128,904
Sep 3,592,085
Oct 4,027,374
Nov 4,407,027
Dec 4,794,754
Percent of budget expended 12.89%
$‐
$0.50
$1.00
$1.50
$2.00
$2.50
$3.00
$3.50
$4.00
$4.50
$5.00
Millions Parks
Budget
Actual
Last Year
$0
$100,000
$200,000
$300,000
$400,000
$500,000
$600,000
Community Services Admin
Budget
Actual
Last Year
Page 30 of 37
City of Renton
Monthly Expenditure Analysis ‐ 2015 Budget Year
Parks Planning
and Natural
Resources Budget
YTD
Actual
Annual %
over (under)
Jan 44,490 46,145 3.72%
Feb 91,953 93,550 1.74%
Mar 149,893
Apr 204,875
May 272,098
Jun 326,132
Jul 390,482
Aug 450,693
Sep 516,652
Oct 578,809
Nov 645,319
Dec 798,301
Percent of budget expended 11.72%
Recreation Budget
YTD
Actual
Annual %
over (under)
Jan 314,595 338,282 7.53%
Feb 674,027 685,764 1.74%
Mar 1,038,567
Apr 1,416,679
May 1,774,643
Jun 2,177,027
Jul 2,840,460
Aug 3,538,644
Sep 4,068,609
Oct 4,421,871
Nov 4,779,294
Dec 5,200,923
Percent of budget expended 13.19%
$‐
$100,000
$200,000
$300,000
$400,000
$500,000
$600,000
$700,000
$800,000
Parks Planning and Natural Resources
Budget
Actual
Last Year
$0.00
$0.50
$1.00
$1.50
$2.00
$2.50
$3.00
$3.50
$4.00
$4.50
$5.00
$5.50
Millions Recreation
Budget
Actual
Last Year
Page 31 of 37
City of Renton
Monthly Expenditure Analysis ‐ 2015 Budget Year
Human
Services Budget
YTD
Actual
Annual %
over (under)
Jan 48,370 46,455 ‐3.96%
Feb 140,421 95,909 ‐31.70%
Mar 241,783
Apr 375,238
May 457,411
Jun 516,776
Jul 651,597
Aug 738,983
Sep 789,632
Oct 933,439
Nov 1,005,972
Dec 1,199,977
Percent of budget expended 7.99%
Neighborhoods
, Resources,
and Events Budget
YTD
Actual
Annual %
over (under)
Jan 69,628 57,115 ‐17.97%
Feb 155,933 132,128 ‐15.27%
Mar 227,109
Apr 298,524
May 363,585
Jun 447,759
Jul 561,420
Aug 649,367
Sep 727,116
Oct 805,119
Nov 890,187
Dec 1,004,403
Percent of budget expended 13.15%
$‐
$0.20
$0.40
$0.60
$0.80
$1.00
$1.20
Millions Human Services
Budget
Actual
Last Year
$‐
$100,000
$200,000
$300,000
$400,000
$500,000
$600,000
$700,000
$800,000
$900,000
$1,000,000
Neighborhoods, Resources, and Events
Budget
Actual
Last Year
Page 32 of 37
City of Renton
Monthly Expenditure Analysis ‐ 2015 Budget Year
Museum Fund Budget
YTD
Actual
Annual %
over (under)
Jan 18,126 18,605 2.64%
Feb 36,275 37,516 3.42%
Mar 54,386
Apr 73,431
May 92,462
Jun 111,827
Jul 131,075
Aug 150,608
Sep 169,866
Oct 189,289
Nov 208,614
Dec 227,761
Percent of budget expended 16.47%
Public Works
Admin Budget
YTD
Actual
Annual %
over (under)
Jan 34,823 31,422 ‐9.77%
Feb 69,626 64,809 ‐6.92%
Mar 104,435
Apr 141,243
May 175,830
Jun 208,809
Jul 240,160
Aug 271,809
Sep 303,553
Oct 334,125
Nov 364,445
Dec 395,867
Percent of budget expended 16.37%
$‐
$50,000
$100,000
$150,000
$200,000
$250,000
$300,000
$350,000
$400,000
Public Works Admin
Budget
Actual
Last Year
$‐
$30,000
$60,000
$90,000
$120,000
$150,000
$180,000
$210,000
$240,000
Museum Fund
Budget
Actual
Last Year
Page 33 of 37
City of Renton
Monthly Expenditure Analysis ‐ 2015 Budget Year
Street
Maintenance Budget
YTD
Actual
Annual %
over (under)
Jan 382,080 387,644 1.46%
Feb 809,811 784,009 ‐3.19%
Mar 1,195,144
Apr 1,693,091
May 2,113,391
Jun 2,542,593
Jul 2,966,489
Aug 3,391,442
Sep 3,831,008
Oct 4,318,388
Nov 4,741,692
Dec 5,181,713
Percent of budget expended 15.13%
Transportation Budget
YTD
Actual
Annual %
over (under)
Jan 331,818 300,741 ‐9.37%
Feb 732,656 642,729 ‐12.27%
Mar 1,122,260
Apr 1,666,230
May 2,019,256
Jun 2,369,583
Jul 2,764,552
Aug 3,209,295
Sep 3,542,156
Oct 3,944,894
Nov 4,291,620
Dec 4,914,998
Percent of budget expended 13.08%
$‐
$1.00
$2.00
$3.00
$4.00
$5.00
$6.00
Millions Street Maintenance
Budget
Actual
Last Year
$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
Page 34 of 37
City of Renton
Monthly Expenditure Analysis ‐ 2015 Budget Year
Debt Service Budget
YTD
Actual
Annual %
over (under)
Jan 48,139 48,139 0.00%
Feb 298,456 298,456 0.00%
Mar 1,615,897
Apr 2,154,529
May 2,693,162
Jun 3,231,794
Jul 3,770,426
Aug 4,309,059
Sep 4,847,691
Oct 5,386,323
Nov 5,924,956
Dec 6,463,588
Percent of budget expended 4.62%
Non‐
Departmental
Other City Budget
YTD
Actual
Annual %
over (under)
Jan 455,629 455,629 0.00%
Feb 668,193 668,193 0.00%
Mar 1,066,875
Apr 1,422,501
May 1,778,126
Jun 2,133,751
Jul 2,489,376
Aug 2,845,001
Sep 3,200,626
Oct 3,556,252
Nov 3,911,877
Dec 4,267,502
Percent of budget expended 15.66%
$‐
$1.00
$2.00
$3.00
$4.00
$5.00
$6.00
$7.00
$8.00
$9.00
$10.00
Millions Non‐Departmental Other City Services
Budget
Actual
Last Year
$‐
$1
$2
$3
$4
$5
$6
$7
$8
$9
Millions Debt Service
Budget
Actual
Last Year
Page 35 of 37
City of Renton
Monthly Enterprise Fund Financial Report ‐ 2015 Budget Year
Utilities Budget Revenue Expense
Jan 4,153,122 5,924,339 3,255,611
Feb 9,001,940 11,761,602 9,177,660
Mar 14,128,728
Apr 19,036,527
May 24,436,893
Jun 30,620,233
Jul 37,038,155
Aug 42,835,943
Sep 49,169,309
Oct 54,835,630
Nov 60,174,394
Dec 71,486,298
Percent of budget expended 10.18%
Note: Operations and Capital
Airport Budget Revenue Expense
Jan 52,738 211,809 77,274
Feb 229,489 801,118 211,920
Mar 595,740
Apr 685,098
May 848,241
Jun 936,763
Jul 1,185,625
Aug 1,283,302
Sep 1,589,106
Oct 1,718,861
Nov 1,930,107
Dec 2,260,529
Percent of budget expended 9.37%
Note: Operations and Capital
$0
$10
$20
$30
$40
$50
$60
$70
$80
Millions Utilities
Budget
Revenue
Expense
$‐
$0.50
$1.00
$1.50
$2.00
$2.50
Millions Airport
Budget
Revenue
Expense
Page 36 of 37
City of Renton
Monthly Enterprise Fund Financial Report ‐ 2015 Budget Year
Golf Course Budget Revenue Expense
Jan 136,222 86,725 126,955
Feb 267,568 192,539 271,231
Mar 424,001
Apr 608,130
May 756,759
Jun 959,820
Jul 1,153,686
Aug 1,493,111
Sep 1,741,845
Oct 1,899,744
Nov 2,046,993
Dec 2,616,052
Percent of budget expended 10.37%
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