HomeMy WebLinkAbout201504, April.pdf ADMINISTRATIVE SERVICES
DEPARTMENT
M E M O R A N D U M
DATE: June 23, 2015
TO: Ed Prince, Council President
Members of the Renton City Council
CC: Denis Law, Mayor
Administrators
FROM: Hai Nguyen, Sr. Finance Analyst
SUBJECT: April 2015 Financial Status Report
At the end of April, general governmental revenues show $2.4 million or 7.1% over budget.
This is due to the timing of property tax collections recorded in April. If we remove the $2
million favorable property tax variance, the City is $303k or 0.9% over budget. Revenue sources
that are higher than expected are: property tax ($2 million); sales tax ($229k); state shared
revenues ($248k); gambling taxes ($180k); public safety ($143k); interest/other earnings
($173k); and other miscellaneous ($104k). On the down side, the revenue sources that are
underperforming the year to date budget are: utility taxes ($365k below); real estate excise
taxes ($143k below); EMS levy ($113k below, due to timing of collections); recreation ($121k
below); and fines/penalties ($205k below).
General government expenditures showed a favorable variance of $1.3 million or 3.8%. 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
$%
Beginning Fund Balance 15,575,840$ 15,575,840$ 17,454,262$ 17,454,262$ 17,565,282$ 17,565,282$ 17,565,282$ ‐ 0.0%
OPERATING REVENUES
Property Tax 32,485,690 10,985,190 35,295,390 7,509,891 36,040,000 9,424,178 11,473,575 2,049,398 21.7%
Sales Tax 20,416,372 6,629,791 21,512,379 6,807,199 22,239,731 7,214,682 7,443,380 228,698 3.2%
Sales Tax ‐ Annexation Credit 2,418,789 783,994 2,542,394 799,863 2,519,968 804,499 881,021 76,522 9.5%
Criminal Justice Sales Tax 2,091,174 668,470 2,267,947 721,451 2,305,519 735,122 785,541 50,419 6.9%
Natural Gas Use Tax 263,660 107,195 271,485 135,655 300,000 149,903 100,848 (49,055) ‐32.7%
Admission Tax 327,258 152,751 310,311 154,406 320,000 154,164 150,261 (3,904) ‐2.5%
Franchise Fees 1,312,727 627,348 1,342,269 646,666 1,260,000 604,617 668,561 63,944 10.6%
Electricity Tax 5,155,789 1,932,839 5,167,444 1,992,820 5,365,536 2,040,375 1,701,060 (339,314) ‐16.6%
Natural Gas Utility Tax 1,550,900 803,039 1,562,341 862,483 1,550,900 829,701 724,944 (104,757) ‐12.6%
Garbage/Solid Waste 397,596 131,525 573,457 191,379 400,000 133,012 183,444 50,432 37.9%
TV Cable 1,481,779 459,812 1,518,821 478,060 1,579,365 493,649 496,700 3,051 0.6%
Telephone 917,021 251,827 909,088 274,371 952,500 274,466 322,085 47,619 17.3%
Cellular Phone 2,050,312 566,096 1,951,925 578,839 1,967,056 562,723 538,995 (23,729) ‐4.2%
City Utilities 3,964,989 1,226,148 3,961,052 1,234,510 4,058,377 1,259,933 1,311,002 51,069 4.1%
Utility Tax Audit ‐ ‐ 460,513 ‐ ‐ ‐ ‐ ‐ 0.0%
Leasehold Excise Tax 164,637 40,988 171,470 43,738 179,000 45,122 42,865 (2,257) ‐5.0%
Gambling Excise Tax 1,319,585 478,183 1,650,384 522,560 1,600,000 539,127 719,390 180,263 33.4%
Real Estate Excise Tax 4,131,665 822,064 4,348,762 1,747,345 4,000,000 1,309,602 1,167,058 (142,545) ‐10.9%
Less: CIP REET (700,000) (158,095) (1,650,000) (331,387) (1,000,000) (291,764) (291,764) ‐ 0.0%
EMS Levy 916,361 ‐ 916,361 225,392 920,000 113,143 ‐ (113,143) ‐100.0%
Business License Fees 503,766 251,128 515,555 230,602 506,000 239,135 233,295 (5,840) ‐2.4%
Animal Licenses and Spec Events Permits 99,411 36,445 95,698 36,518 91,000 36,064 37,405 1,341 3.7%
Building Permits & Development Svc Fees 4,001,625 1,230,194 4,519,234 1,607,401 4,679,749 1,553,259 1,520,269 (32,990) ‐2.1%
Intergovt'l (Grants, State Shared, etc) 3,863,974 1,431,975 4,522,540 1,754,785 3,909,542 1,036,423 1,344,392 307,969 29.7%
Fire District 25 and 40 Contracts 5,726,895 700,813 5,959,428 797,257 6,116,326 759,816 759,816 ‐ 0.0%
Public Safety 680,581 250,466 844,375 245,008 513,081 166,483 309,932 143,449 86.2%
Culture and Recreation 1,494,580 361,738 1,485,123 384,136 1,580,616 395,657 274,651 (121,006) ‐30.6%
Interfund/Interdept‐Services 3,464,913 1,164,844 3,270,503 1,141,789 3,147,416 1,049,139 1,038,018 (11,121) ‐1.1%
Fines and Penalties 1,137,140 313,662 962,977 355,263 1,126,500 357,190 221,685 (135,505) ‐37.9%
Photo Enforcement 1,629,524 680,026 1,719,971 400,235 2,194,000 707,597 638,094 (69,503) ‐9.8%
Seizure Funds ‐ Federal/State/Local 50,639 3,491 68,870 (470) 180,693 4,569 6,444 1,875 41.0%
Interests and Other Earnings 423,609 29,926 981,630 43,538 875,300 45,760 218,304 172,544 377.1%
Rents, Leases, and Concessions 734,530 317,273 711,070 306,400 710,216 306,407 285,609 (20,799) ‐6.8%
Contributions and Donations 84,320 25,736 113,626 28,512 97,000 26,583 36,953 10,369 39.0%
Other Miscellaneous 684,187 238,837 879,105 320,761 705,369 248,330 352,276 103,945 41.9%
Other Financing Sources (Transfer‐In, etc) 299,527 13,343 48,632 3,447 255,000 18,072 3,218 (14,854) ‐82.2%
Total Operating Revenues 105,545,527 33,559,062 111,782,133 32,250,423 113,245,760 33,346,737 35,699,323 2,352,586 7.1%
OPERATING EXPENDITURES
Council 289,911 97,646 309,317 108,911 335,838 115,765 113,635 2,130 1.8%
Executive 1,240,910 419,061 1,338,738 407,807 1,714,717 549,627 443,641 105,986 19.3%
City Attorney 1,922,225 584,735 1,829,254 562,501 2,001,421 612,052 599,643 12,409 2.0%
Court Services 2,003,104 643,564 2,016,273 660,115 2,148,553 696,880 641,217 55,663 8.0%
Community and Eco Dvlpmnt Admin 1,047,860 344,293 1,010,761 333,812 1,177,608 387,901 358,681 29,220 7.5%
Development Services 3,243,702 1,060,776 2,659,078 931,956 2,964,321 1,000,731 867,751 132,980 13.3%
Economic Development 467,511 146,523 654,007 186,131 1,053,786 312,564 228,439 84,125 26.9%
Planning 1,510,707 480,129 2,095,706 584,673 2,714,466 801,453 829,531 (28,078) ‐3.5%
Finance 2,274,147 610,911 2,644,827 678,686 2,795,120 732,791 711,350 21,441 2.9%
City Clerk 1,020,822 277,252 1,152,246 446,560 1,091,558 363,579 264,641 98,938 27.2%
Human Resources 904,182 288,203 922,668 294,344 1,316,577 419,831 366,906 52,925 12.6%
Police 24,946,784 8,188,792 26,383,640 8,533,912 28,371,356 9,242,974 9,092,588 150,386 1.6%
Jail Services 3,814,042 1,271,352 3,760,273 1,253,219 4,200,000 1,379,437 1,379,437 ‐ 0.0%
Fire 24,444,372 8,636,731 25,240,760 8,701,872 26,890,757 9,384,058 9,250,808 133,250 1.4%
Community Services Admin 452,146 150,854 480,727 158,781 560,787 186,134 173,595 12,539 6.7%
Parks 4,024,756 1,192,965 4,070,181 1,154,945 4,835,254 1,402,450 1,289,256 113,193 8.1%
Parks Planning & Natural Resources 829,250 196,871 722,739 201,429 1,034,004 265,365 208,488 56,878 21.4%
Recreation 4,846,970 1,371,571 4,823,195 1,262,485 5,200,923 1,416,679 1,422,635 (5,956) ‐0.4%
Human Services 1,162,330 340,261 1,159,189 385,688 1,199,977 375,238 410,324 (35,086) ‐9.4%
Neighborhoods, Resources, & Events 770,841 231,744 875,223 257,492 1,036,841 308,166 257,014 51,152 16.6%
Museum 209,387 69,807 214,291 66,789 227,761 73,431 75,445 (2,013) ‐2.7%
Public Works Admin 426,312 163,297 389,493 127,778 395,867 141,243 128,823 12,420 8.8%
Street Maintenance 3,814,132 1,294,196 4,503,315 1,423,475 5,186,713 1,694,724 1,612,472 82,253 4.9%
Transportation 4,476,854 1,512,690 4,263,725 1,450,448 5,076,998 1,721,150 1,532,946 188,203 10.9%
Debt Service 8,048,508 835,676 8,393,140 916,538 6,463,588 315,231 315,231 ‐ 0.0%
Non‐Departmental and Other 5,475,340 1,221,630 9,758,346 1,028,664 6,740,778 1,114,142 1,114,142 ‐ 0.0%
Total Op erating Expenditures 103,667,105 31,631,530 111,671,112 32,119,009 116,735,570 35,013,596 33,688,640 1,324,957 3.8%
Total Ending Fund Balance 17,454,262$ 17,503,372$ 17,565,283$ 17,585,676$ 14,075,471$ 15,898,423$ 19,575,965$ 3,677,542$ 23.1%
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 April 2015
Page 1 of 36
Monthly Financial Report April 2015
OVERVIEW
This financial overview reflects the City’s overall financial position for the fiscal year through April 30, 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 77% of all
resources supporting general governmental activities. The following section provides detail information on property, sales,
utility, and other taxes.
Property Tax
April’s collection is $10.2 million,
making the total year‐to‐date
collection $11.5 million or 31.8%
of the total budget. In
comparison to the previous year,
the City collected $4 million or
53% more. Compared to the
budget, the City is above
projections by $2 million or 22%.
The April 2015 variance is due to
the timing of collections. 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
April 2015 sales tax receipts
totalled $1.8 million. Compared
with the same month last year, it
is $192k or 12% more. Compared
to the projected current month’s
budget, it is $71k or 4% above.
The year‐to‐date collection of
$7.4 million is $636k or 9% more
than the prior year and is also
$229k or 3% more than budgeted.
Auto Sales, General Retail, 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 1,066,055 939,218 (687,065) ‐42% (126,838) ‐12%
Apr 5,808,865 8,037,494 10,160,118 4,351,253 75% 2,122,623 26%
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 7,509,891$ 9,424,178$ 11,473,575$ 3,963,684$ 53% 2,049,398$ 22%
Annual Total 35,295,390$ 36,040,000$
Property Tax Revenues
Year to Date through April
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 1,674,147 111,937 7% 15,826 1%
Apr 1,558,271 1,679,689 1,750,506 192,235 12% 70,817 4%
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 6,807,199$ 7,214,682$ 7,443,380$ 636,180$ 9% 228,698$ 3%
Annual Total 21,512,379$ 22,239,731$
2015 vs. Budget2015 vs. 2014
Month
Year to Date through April
Local Retail Sales Tax Revenues
Page 2 of 36
Monthly Financial Report April 2015
The following table breaks out the City’s base sales tax (excluding Criminal Justice and Annexation Credit) by major business
sectors:
Utility tax
April utility tax revenues are $1.3
million, which is $45k or 4%
higher than the same month last
year but is behind the budget by
$155k or 11%. The year‐to‐date
collection is $5.4 million, which is
$369k or 6% lower than the prior
year and is also $365k or 6%
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.
2014 2015 2015
Actual Budget Actual $ % $ %
Jan 1,373,119$ 1,371,800$ 1,199,348$ (173,771)$ ‐13% (172,452)$ ‐13%
Feb 1,524,563 1,510,913 1,371,771 (152,792) ‐10% (139,143) ‐9%
Mar 1,631,438 1,441,880 1,544,060 (87,378) ‐5% 102,180 7%
Apr 1,218,999 1,419,168 1,263,898 44,900 4% (155,270) ‐11%
May 1,380,317 1,391,839
Jun 1,376,544 1,310,144
Jul 1,526,628 1,186,657
Aug 1,270,116 1,293,475
Sep 1,206,313 1,338,119
Oct 1,202,725 1,163,623
Nov 1,170,266 1,233,232
Dec 1,495,099 1,512,883
YTD Total 5,748,119$ 5,743,761$ 5,379,077$ (369,042)$ ‐6% (364,684)$ ‐6%
Annual Total 16,376,127$ 16,173,734$
2015 vs. Budget2015 vs. 2014
Year to Date through April
Utility Tax Revenues
Month
Sales Tax by Sector 2014 2015 Bgt YTD Act Change 2015/2014 2015 Act vs Bgt
New Construction 670,423$ 814,385$ 828,418$ 157,995$ 24%$ 14,033 2%
Auto Sales 1,235,524 1,315,668 1,409,942 174,418 14% 94,274 7%
General Retail 2,180,827 2,265,738 2,334,828 154,001 7% 69,090 3%
Manufacturing 736,732 693,364 685,371 (51,361) ‐7% (7,992)‐1%
Wholesale 324,990 355,832 359,786 34,796 11% 3,953 1%
Service 1,447,772 1,542,787 1,626,424 178,652 12% 83,637 5%
Other 210,931 226,909 198,611 (12,320) ‐6% (28,297)‐12%
YTD Total 6,807,199$ 7,214,682$ 7,443,380$ 636,180$ 9%228,698$ 3%
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 1,992,820$ 2,040,375$ 1,701,060$ (291,760)$ ‐15%$ (339,314)‐17%
Natural Gas 998,138 979,604 825,792 (172,347) ‐17% (153,812)‐16%
Cell 578,839 562,723 538,995 (39,845) ‐7% (23,729)‐4%
Phone 274,371 274,466 322,085 47,713 17% 47,619 17%
Cable 478,060 493,649 496,700 18,640 4% 3,051 1%
Garbage/Solid Waste 191,379 133,012 183,444 (7,935) ‐4% 50,432 38%
City Utilities 1,234,510 1,259,933 1,311,002 76,492 6% 51,069 4%
Utility Tax Audit ‐ ‐ ‐ ‐ N/A ‐ N/A
YTD Total 5,748,119$ 5,743,761$ 5,379,077$ (369,042)$ ‐6%(364,684)$ ‐6%
Annual Total 16,376,127$ 16,173,734$
YTD as % of 35% 36%
Page 3 of 36
Monthly Financial Report April 2015
Other Taxes
Real Estate Excise Tax
The City collected $438k in Real
Estate Excise Tax revenues (REET)
for April. This is $471k or 52% less
than the same month last year
and is $110k or 20% less than the
current month’s budget. The
year‐to‐date collection is $1.2
million, which is $580k or 33% less
than the prior year and is also
$143k or 11% 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). The variance
in April 2014 is due to 3 large
transactions ($619k).
Gambling Tax
April’s Gambling Tax collections
totalled $208k, which is $104k or
100% above the same month last
year and is also above the current
month’s budget by $66k or 46%.
The year‐to‐date total of $719k is
$197k or 38% above the prior
year and is also $180k or 33%
above budget.
Pull tabs overall had a 21%
increase, bingo had a 23%
decrease, and card‐rooms are
seeing 68% 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 $669k is $22k or 3% higher
than the prior year and is also
$64k or 11% 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 227,629 266,310 343,579 115,950 51% 77,269 29%
Apr 909,120 548,260 438,485 (470,635) ‐52% (109,775) ‐20%
May 262,746 289,083
Jun 624,342 472,532
Jul 350,214 309,453
Aug 346,677 327,611
Sep 265,534 269,737
Oct 436,050 349,290
Nov 223,675 310,178
Dec 92,179 362,513
YTD Total 1,747,345$ 1,309,602$ 1,167,058$ (580,287)$ ‐33% (142,545)$ ‐11%
Annual Total 4,348,762$ 4,000,000$
Real Estate Excise Tax Revenues
Year to Date through April
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 153,695 142,756 169,262 15,567 10% 26,506 19%
Apr 103,980 142,027 207,646 103,666 100% 65,619 46%
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 522,560$ 539,127$ 719,390$ 196,830$ 38% 180,263$ 33%
Annual Total 1,650,384$ 1,600,000$
Year to Date through April
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 323,544 301,608 335,218 11,674 4% 33,610 11%
Jul 324,273 303,714 ‐
Oct 321,828 305,167 ‐
Dec 49,502 46,502 ‐
YTD Total 646,666$ 604,617$ 668,561$ 21,896$ 3% 64,462$ 11%
Annual Total 1,342,269$ 1,260,000$
Month
2015 vs. 2014 2015 vs. Budget
Franchise Fees Revenue
Year to Date through April
Page 4 of 36
Monthly Financial Report April 2015
Admission Tax
Admission Tax returns are due
quarterly in January, April, July,
and October of each year. April
2015 collections represent
activities conducted during the 1st
quarter of 2015. The year‐to‐date
collection of $150k is $4k or 3%
less than the prior year and is also
$4k or 3% less than the budget.
Licenses and Permits
Building Permits and
Development Service Fees
Building Permits and
Development Service Fee
revenues totalled $655k in April.
The year‐to‐date development
fees revenue of $1.5 million is
$87k or 5% less than the year
before and is also $33k or 2%
lower than budget.
Business Licenses
Business Licenses totalled $89k
for April, which is $8k or 9%
below the same month last year
and is also $10k or 10% below the
current month’s budget. The
year‐to‐date Business Licenses
revenue of $233k is $3k or 1%
above the prior year but is $6k or
2% lower 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%
Mar ‐ ‐ 106 106 100% 106 100%
Apr 74,163 72,512 65,108 (9,055) ‐12% (7,404) ‐10%
Jun 145 73 ‐
Jul 79,130 83,619 ‐
Aug ‐ 38 ‐
Oct 76,631 81,433 ‐
Nov ‐ 598 ‐
Dec ‐ 75 ‐
YTD Total 154,406$ 154,164$ 150,261$ (4,146)$ ‐3% (3,904)$ ‐3%
An nual Total 310,311$ 320,000$
2015 vs. Budget
Admission Tax Revenue
Year to Date through April
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 388,190 373,356 275,826 (112,364) ‐29% (97,530) ‐26%
Apr 374,004 408,228 655,282 281,279 75% 247,055 61%
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 1,607,401$ 1,553,259$ 1,520,269$ (87,132)$ ‐5% (32,990)$ ‐2%
Annual Total 4,519,234$ 4,679,749$
Building Permits and Development Service Fees
Year to Date through April
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 4,468 (953) ‐18% (4,399) ‐50%
Apr 97,104 99,158 88,757 (8,347) ‐9% (10,401) ‐10%
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 230,602$ 239,135$ 233,295$ 2,694$ 1% (5,840)$ ‐2%
Annual Total 515,555$ 506,000$
2015 vs. 2014
Year to Date through April
2015 vs. Budget
Business Licenses
Month
Page 5 of 36
Monthly Financial Report April 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 86% of the total
revenues in this category.
The year‐to‐date total Intergovernmental revenue is $2.9 million or 22% of the budget.
State Shared Revenues
State Shared Revenue
collections totalled $1.7
million since the start of the
year. Compared to the
prior year, State Shared
Revenues are above by
$91k or 6%. Compared to
the projected budget, the
City is collecting $248k or
17% 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 54%
of the total revenue in this category. The year‐to‐date total charges for services are $2.4 million or 35% of the budget. The
following sections provide detail information for Public Safety, Recreation, and Interfund Services.
Public Safety Services
Public Safety Services totalled
$310k 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 $65k or 26% more.
Compared to the year‐to‐date
budget, the City is over budget by
$143k or 86%. 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 62,481 18,453 42% 35,228 129%
Apr 38,202 34,344 146,715 108,513 284% 112,371 327%
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 245,008$ 166,483$ 309,932$ 64,925$ 26% 143,449$ 86%
Annual Total 846,409$ 513,081$
Month
2015 vs. 2014
Year to Date through April
Public Safety Services
2015 vs. Budget
Intergovernmental 2014 2015 Bgt YTD Act Change 2015/2014 2015 Act vs Bgt
Fire District #25 594,325$ 601,653$ 601,653$ 7,329$ 1% $ ‐ 0%
Fire District #40 202,933 158,163 158,163 (44,770) ‐22%‐ 0%
State Shared Revenue 1,643,046 1,485,832 1,734,193 91,147 6% 248,361 17%
Federal Grants 736,295 276,614 276,614 (459,681) ‐62%‐ 0%
State Grants 22,404 27,771 27,771 5,366 24%‐ 0%
Other Grants/Intgovt 74,490 94,471 91,355 16,865 23% (3,116) ‐3%
ARRA Grants ‐ 0 ‐ ‐ N/A ‐ 0%
Total Rev YTD 3,273,493$ 2,644,505$ 2,889,749$ (383,743)$ ‐12%245,245$ 9%
Total Rev Annual 13,664,242$ 13,251,387$
YTD %24% 20% 22%
Note: Includes CJ Sales Tax and FD25 & FD40 contracts
2014 2015 2015
Actual Budget Actual $ % $ %
Crim Just Sales Tax 721,451$ 735,122$ 785,541$ 64,091$ 9% 50,419$ 7%
Judicial Contribution 11,342 ‐ 10,895 (447) ‐4% 10,895 100%
Crim Just ‐ High Crime 127,155 ‐ 125,694 (1,461) ‐1% 125,694 100%
Crim Just ‐ Pop 11,897 11,535 12,688 791 7% 1,154 10%
Crim Just ‐ Spec Prog 44,030 42,878 46,617 2,588 6% 3,739 9%
State DUI 8,694 8,525 8,544 (151) ‐2% 19 0%
Liquor Profits 212,414 212,605 212,978 565 0% 374 0%
Liquor Excise Tax 92,598 83,960 108,837 16,239 18% 24,877 30%
Fuel Tax 413,466 391,207 422,398 8,932 2% 31,191 8%
YTD Total 1,643,046$ 1,485,832$ 1,734,193$ 91,147$ 6% 248,361$ 17%
Annual Total 5,045,728$ 4,777,519$
Year to Date through April
State Shared Revenues
2015 vs. 2014
Revenue
2015 vs. Budget
Page 6 of 36
Monthly Financial Report April 2015
large June 2014 variance is due to staff reimbursement for training provided to the Basic Law Enforcement Academy. The large
October 2014 variance is due to staff reimbursement for the Oso mudslide. April 2015 variance is due to receipting $75k
reimbursement for the School Resource Officer (SRO) program.
Recreation
Recreation revenues totalled $91k
for the current month. Compared
to the same month the prior year,
the City collected $88k or 49%
less. Compared to the projected
monthly budget, the City
collected $94k or 51% less. The
year‐to‐date collection of $275k is
$109k or 29% lower than the year
before and is also $121k or 31%
lower than the year‐to‐date
budget.
Interfund Services
The year‐to‐date collections for
Interfund Services revenues are
$1 million. Compared to the prior
year, the revenues are under by
$104k or 9%. Compared to the
projected budget, the revenues
are below by $11k 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 35,946 (30,513) ‐46% (41,475) ‐54%
Apr 179,282 185,568 91,404 (87,879) ‐49% (94,164) ‐51%
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 384,136$ 395,657$ 274,651$ (109,485)$ ‐29% (121,006)$ ‐31%
Annual Total 1,485,123$ 1,580,616$
Recreation
Year to Date through April
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 287,465 262,285 260,071 (27,393) ‐10% (2,213) ‐1%
Apr 295,489 262,285 248,466 (47,023) ‐16% (13,819) ‐5%
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 1,141,789$ 1,049,139$ 1,038,018$ (103,771)$ ‐9% (11,121)$ ‐1%
Annual Total 3,270,503$ 3,147,416$
2015 vs. Budget
Month
Interfund Services
Year to Date through April
2015 vs. 2014
Page 7 of 36
Monthly Financial Report April 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
$860k. This is $104k or 14%
higher than a year ago but is
$205k or 19% 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 $638k.
The associated costs includes the
equipment provided by American Traffic
Solutions, Inc. (ATS), dedicated 1 FTE in the
Court Services Department to process the
increased caseload and 1.1 FTEs in the
Police Department for support services.
This staff time, along with a 50% pro tem
budget and interpreter costs amounts to
$308k 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 and February 2015’s equipment rental costs were recorded in March.
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 203,482 285,153 275,737 72,255 36% (9,417) ‐3%
Apr 263,785 357,892 245,206 (18,579) ‐7% (112,686) ‐31%
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 755,499$ 1,064,787$ 859,779$ 104,280$ 14% (205,008)$ ‐19%
Annual Total 2,682,948$ 3,320,500$
Month
2015 vs. Budget2015 vs. 2014
Year to Date through April
Fines and Penalties by Month
Year to Date through April
2014 2015 2015
Actual Budget Actual $ % $ %
Civil Penalties 2,380$ 4,618$ 1,045$ (1,335)$ ‐56% (3,573)$ ‐77%
Civil Infraction Penalties 199,563 196,736 106,514 (93,049) ‐47% (90,221) ‐46%
Civil Parking Infraction Penalties 61,334 58,776 37,551 (23,783) ‐39% (21,224) ‐36%
Photo Enforcement Program 400,235 707,597 638,094 237,859 59% (69,503) ‐10%
Criminal Traffic Misdemeanor Fines 28,120 34,692 20,957 (7,163) ‐25% (13,735) ‐40%
Criminal Non‐Traffic Fines 15,460 12,665 16,489 1,028 7% 3,824 30%
Criminal Costs 41,178 38,912 29,780 (11,398) ‐28% (9,132) ‐23%
Non‐Court Fines, Forfeitures and Penalties 7,227 10,791 9,349 2,122 29% (1,442) ‐13%
YTD Total 755,499$ 1,064,787$ 859,779$ 104,280$ 14% (205,008)$ ‐19%
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$ 88,955$ 25,705$ 96,004$
Feb 148,513 152,185 88,955 25,705 126,480
Mar 168,263 198,034 88,955 162,480 35,554
Apr 251,837 166,166 88,955 94,253 71,913
May 200,513 ‐ 88,955 ‐ ‐
Jun 191,262 ‐ 88,955 ‐ ‐
Jul 193,937 ‐ 88,955 ‐ ‐
Aug 168,554 ‐ 88,955 ‐ ‐
Sep 153,716 ‐ 88,955 ‐ ‐
Oct 170,949 ‐ 88,955 ‐ ‐
Nov 199,054 ‐ 88,955 ‐ ‐
Dec 208,419 ‐ 88,955 ‐ ‐
YTD Total 707,597$ 638,094$ 355,820$ 308,143$ 329,951$
Annual Total 2,194,000$ 1,067,460$
1Actuals of Revenues and Expenses
Photo Enforcement Program
Year to Date through April
Month
Revenues Expenses
Page 8 of 36
Monthly Financial Report April 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 70% of
the total revenue in this category.
The year‐to‐date total
miscellaneous is $720k.
Compared to last year, the
revenues are above by $181k or
33%. Compared to the projected
year‐to‐date budget, the revenues
are over by $228k or 46%. 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 in 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.
EXPENSES
Overall the City has expended 29% of its budgeted general governmental expenditures at the end of April. This is $1.3 million or
3.8% below year‐to‐date budgeted expenditures. The City did not have any general governmental departments over budget but
did we did see some divisions within those departments over budget. Please refer to the General Governmental Funds Summary
of Sources and Uses table on page 1 for details.
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 126,132 138,941 182,386 56,253 45% 43,445 31%
Apr 70,094 79,092 132,893 62,799 90% 53,801 68%
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 539,736$ 492,674$ 720,482$ 180,745$ 33% 227,807$ 46%
Annual Total 2,298,586$ 2,165,209$
Year to Date through April
Month
2015 vs. Budget2015 vs. 2014
Miscellaneous Revenues by Month
2014 2015 2015
Actual Budget Actual $ % $ %
Interests and Other Earnings 43,538$ 45,760$ 218,304$ 174,766$ 401% 172,544$ 377%
Rents, Leases, and Concessions 306,400 306,407 285,609 (20,791) ‐7% (20,799) ‐7%
Contributions/Donations from Private Sources 28,512 26,583 36,953 8,441 30% 10,369 39%
Other 161,756 109,355 173,173 11,417 7% 63,818 58%
Seizure Funds ‐ Federal/State/Local (470) 4,569 6,444 6,913 ‐1472% 1,875 41%
YTD Total 539,736$ 492,674$ 720,482$ 180,745$ 33% 227,807$ 46%
Annual Total 2,298,586$ 2,165,209$
2015 vs. Budget
Miscellaneous Revenues by Type
Year to Date through April
Revenue
2015 vs. 2014
Page 9 of 36
Monthly Financial Report April 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 and 2015. 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 ‐ ‐ ‐ ‐ 33,175 12,250 ‐
Grants / intergovernmental 547,027 ‐ 36,628 ‐ ‐ 783,526 ‐
Charges for services 46,366 472,675 5,968,126 4,820,880 3,230,175 3,743,883 5,190,638
Interdepartmental services ‐ ‐ ‐ ‐ ‐ ‐ ‐
Fines and penalties 1,291 ‐ ‐ ‐ 162 ‐ ‐
Rents, leases, and misc fees 813,701 79,893 26,224 43,953 ‐ ‐ ‐
Interest and other misc 2,229 7,651 4,698 134,842 252,399 95,640 5,536
TOTAL REVENUES 1,410,614 560,219 6,035,677 4,999,675 3,515,911 4,635,299 5,196,174
EXPENSES:
Utility billing ‐ ‐ 43,693 41,335 31,477 50,736 ‐
Utility systems ‐ ‐ 4,226,059 1,386,016 1,028,576 1,038,269 ‐
Utility maintenance ‐ ‐ 90,438 1,589,925 497,318 862,306 3,873,377
Transportation 500,491 ‐ ‐ ‐ ‐ ‐ ‐
Golf ‐ 591,342 ‐ ‐ ‐ ‐ ‐
TOTAL EXPENSES 500,491 591,342 4,360,190 3,017,276 1,557,371 1,951,311 3,873,377
AMOUNT AVAILABLE FOR DEBT SERVICE 910,123 (31,123) 1,675,486 1,982,399 1,958,540 2,683,988 1,322,797
DEBT SERVICE:
Principal ‐ ‐ ‐ ‐ ‐ ‐ ‐
Interest ‐ ‐ ‐ ‐ ‐ 173,336 ‐
TOTAL DEBT SERVICE ‐ ‐ ‐ ‐ ‐ 173,336 ‐
CAPITAL PROJECTS 957,030 ‐ ‐ 256,746 262,670 1,334,465 ‐
TRANSFERS IN/(OUT)‐ ‐ ‐ (3,187) (326) ‐ ‐
CHANGE IN FUND BALANCE (46,907) (31,123) 1,675,486 1,722,466 1,695,544 1,176,187 1,322,797
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, Apr 30 759,914 (74,034) 3,221,092 17,594,560 9,284,633 8,980,408 4,639,107
Page 10 of 36
Monthly Financial Report April 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 ‐ 39,725 ‐ ‐ ‐ ‐ ‐
Grants / intergovernmental ‐ ‐ ‐ ‐ ‐ ‐ 40,057
Charges for services
Equipment rental m&o 918,695 1,169,625 ‐ ‐ ‐ ‐ ‐
Print and mail ‐ 29,384 ‐ 140,150 ‐ ‐ ‐
Communications ‐ 1,591 ‐ 194,983 ‐ ‐ ‐
Facilities ‐ ‐ 1,640,491 ‐ ‐ ‐ ‐
Data cards and cell phones ‐ 53,474 ‐ ‐ ‐ ‐ ‐
IT service contracts ‐ 164,152 ‐ ‐ ‐ ‐ ‐
Interest and other misc 9,459 3,466 2,151 705 19,089 11,470 13,161
Internal service fund misc:
Vehicle / equipment capital recovery 986,995 56,672 ‐ ‐ ‐ ‐ ‐
Insurance premiums ‐ ‐ ‐ ‐ 618,692 ‐ ‐
Worker's comp/unemployment ‐ ‐ ‐ ‐ 574,244 ‐ ‐
Benefit premiums ‐ ‐ ‐ ‐ ‐ 3,851,507 742,196
Other misc 1,635 ‐ 816 17 ‐ 387,741 ‐
Interfund Loan ‐ ‐ ‐ ‐ ‐ ‐ ‐
Capital contributions ‐ ‐ ‐ ‐ ‐ ‐ ‐
Disposal of capital assets 27,088 ‐ ‐ ‐ ‐ ‐ ‐
Insurance recoveries ‐ ‐ ‐ ‐ 23,823 ‐ ‐
TOTAL REVENUES 1,943,872 1,518,089 1,643,458 335,855 1,235,848 4,250,718 795,414
EXPENSES:
Communications 139,585
Equipment rental 666,315
Facilities 1,366,802
Healthcare 3,852,217
Information technology 1,207,390
Print and mail 124,195
Retiree healthcare 371,815
Risk management:
Risk ma nagement 1,193,886
Unemployment 20,244
Worker's compensation 579,259
TOTAL EXPENSES 666,315 1,207,390 1,366,802 263,780 1,793,389 3,852,217 371,815
AMOUNT AVAILABLE FOR CAPITAL 1,277,557 310,699 276,656 72,075 (557,541) 398,501 423,599
CAPITAL PROJECTS 2,020,099 149,937 59,776 ‐ ‐ ‐ ‐
TRANSFERS IN 11,005 33,914 ‐ ‐ ‐ ‐ ‐
TRANSFERS (OUT)‐ ‐ ‐ ‐ ‐ ‐ ‐
CHANGE IN FUND BALANCE (731,537) 194,676 216,880 72,075 (557,541) 398,501 423,599
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, Apr 30 4,578,782 2,110,724 1,370,969 456,044 11,511,770 7,074,006 8,135,462
Page 11 of 36
Monthly Financial Report April 2015
FUND BALANCE
Page 13 shows the ending fund balance as of April 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 April, the City has $20 million reported in the combined general governmental fund balance of the current year’s
operating budget, which is approximately 17% of budgeted operating expenditures. This is an increase of $2 million from the
year’s beginning balance. April’s ending fund balance is over the anticipated General Governmental Fund Balance of $15.9
million by $3.7 million or 23.1%. 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 12 of 36
Monthly Financial Report April 2015
City of Renton
All Funds ‐ Revenue, Expenditures and Fund Balances
Cash Basis through April 30, 2015
Funds
Balance
01/01/2015
Budgeted
Revenue
Revenue
04/30/15
Total Funds
Available
Budgeted
Expenditure
Expenditure
04/30/15 Ending Balance
GENERAL GOVERNMENT FUNDS: 17,565,282 113,245,760 35,699,323 53,264,605 116,735,570 33,688,640 19,575,965
000 General 11,159,313 83,431,472 27,163,464 38,322,777 86,638,897 26,777,789 11,544,988
001 Community Services 2,467,703 12,478,920 3,472,732 5,940,435 12,608,356 3,334,727 2,605,707
003 Street 2,147,229 10,096,711 3,210,983 5,358,212 10,263,711 3,145,418 2,212,795
004 Community Dev Block Grant 74,951 462,908 ‐ 74,951 448,804 23,187 51,764
005 Museum 65,500 227,761 56,999 122,499 227,761 75,445 47,054
009 Farmers Market 104,950 59,400 7,291 112,241 59,453 16,260 95,981
011 Fire Health & Wellness 74,565 25,000 7,015 81,580 25,000 582 80,998
201 Ltd GO Bonds Gen Govt Debt 838,633 1,749,405 438,742 1,277,375 1,749,405 ‐ 1,277,375
215 Gen Govt Misc Debt Service 632,438 4,714,183 1,342,098 1,974,536 4,714,183 315,231 1,659,304
SPECIAL REVENUE FUNDS: 1,100,381 1,786,631 565,001 1,665,382 1,807,969 395,114 1,270,268
102 Arterial Street 14,885 640,000 198,934 213,819 640,000 ‐ 213,819
108 Leased City Properties 121,014 768,957 227,117 348,131 663,403 304,299 43,832
110 Hotel Motel 219,090 265,000 68,940 288,030 283,942 29,038 258,992
125 1% For Art 101,380 15,000 169 101,549 102,950 ‐ 101,549
127 Cable Communication 313,090 97,674 69,292 382,382 117,674 61,777 320,605
135 Springbrook Wetlands Bank 330,922 ‐ 549 331,471 ‐ ‐ 331,471
CAPITAL PROJECT FUNDS (CIP):27,979,966 23,803,437 3,361,094 31,341,060 47,027,879 6,756,849 24,584,211
303 Community Dev Mitigation 1,238,600 86,500 131,735 1,370,335 ‐ ‐ 1,370,335
304 Fire Mitigation 926,488 99,000 90,990 1,017,478 250,000 ‐ 1,017,478
305 Transportation Mitigation 844,648 216,500 273,058 1,117,706 391,000 ‐ 1,117,706
316 Municipal Facilities CIP 4,493,986 4,718,145 852,585 5,346,571 8,918,715 827,294 4,519,277
317 Transportation CIP 4,059,718 18,683,292 1,987,044 6,046,762 22,063,404 1,143,039 4,903,723
326 Housing Opportunity 1,086,766 ‐ 1,808 1,088,574 75,000 50,000 1,038,574
336 New Library Development 15,329,760 ‐ 23,874 15,353,634 15,329,760 4,736,516 10,617,118
ENTERPRISE FUNDS:36,891,230 97,849,061 26,370,234 63,261,464 107,984,277 18,855,782 44,405,682
4X2 Airport Operating & CIP 806,821 16,596,888 1,410,614 2,217,435 16,469,927 1,457,520 759,915
403 Solid Waste Utility 1,545,606 16,461,726 6,035,677 7,581,283 16,675,139 4,360,190 3,221,093
4X4 Golf Operating & CIP (42,911) 2,655,383 576,883 533,972 2,616,052 608,006 (74,034)
4X5 Water Operating & CIP 15,872,094 16,272,634 4,999,675 20,871,769 20,799,381 3,277,210 17,594,559
4X6 Waste Water Operating & CIP 7,589,089 11,979,140 3,515,912 11,105,001 13,588,076 1,820,368 9,284,633
416 King County Metro 3,316,310 16,638,722 5,196,174 8,512,484 16,638,722 3,873,377 4,639,107
4X7 Surface Water Operating & CIP 7,804,221 17,244,568 4,635,299 12,439,520 21,196,980 3,459,111 8,980,409
INTERNAL SERVICE FUNDS: 35,221,104 37,224,840 11,768,174 46,989,278 36,727,348 11,751,522 35,237,756
501 Equipment Repair/Replacement 5,310,319 5,779,036 1,954,878 7,265,197 6,878,442 2,686,415 4,578,782
502 Insurance 12,069,311 5,641,647 1,235,848 13,305,159 3,594,578 1,793,390 11,511,769
503 Information Services 1,916,048 4,631,231 1,552,003 3,468,051 5,606,865 1,357,327 2,110,724
504 Facilities 1,154,089 4,954,325 1,643,458 2,797,547 5,115,716 1,426,578 1,370,969
505 Communications 383,969 992,431 335,855 719,824 991,430 263,780 456,044
512 Insurance, Healthcare 6,675,505 12,954,736 4,250,718 10,926,223 13,424,573 3,852,217 7,074,006
522 Insurance, Leoff1 Retirees HC 7,711,863 2,271,434 795,414 8,507,277 1,115,744 371,815 8,135,462
FIDUCIARY FUNDS:5,040,982 468,000 4,228 5,045,210 210,475 71,408 4,973,802
611 Firemen's Pension 5,040,982 468,000 4,228 5,045,210 210,475 71,408 4,973,802
TOTAL FUNDS 123,798,945 274,377,729 77,768,054 201,566,999 310,493,518 71,519,315 130,047,684
Page 13 of 36
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 18,465,333 25,740,531 (7,275,198) 10,290,084
April 35,699,323 33,688,640 2,010,683 19,575,965
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)
‐
1,000,000
2,000,000
3,000,000
‐
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 14 of 36
City of Renton
Monthly Revenue Analysis ‐ 2015 Budget Year
General
Government Budget
YTD
Actual
Annual %
over (under)
Jan 5,720,631 5,697,180 ‐0.41%
Feb 12,057,605 11,956,490 ‐0.84%
Mar 18,486,750 18,465,333 ‐0.12%
Apr 33,346,737 35,699,323 7.05%
May 49,660,073
Jun 55,622,464
Jul 62,041,399
Aug 68,356,499
Sep 74,761,575
Oct 90,754,370
Nov 105,821,157
Dec 113,245,760
Percent of budget 31.52%
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 1,313,457 ‐5.28%
Apr 9,424,178 11,473,575 21.75%
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 31.84%
$‐
$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 15 of 36
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 6,366,163 3.40%
Apr 8,019,181 8,324,401 3.81%
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 33.62%
Note: Excludes CJ Sales Tax and Natural Gas Use Tax.
Utility Tax Budget
YTD
Actual
Annual %
over (under)
Jan 1,371,800 1,199,348 ‐12.57%
Feb 2,882,713 2,571,119 ‐10.81%
Mar 4,324,593 4,115,178 ‐4.84%
Apr 5,743,761 5,379,077 ‐6.35%
May 7,135,600
Jun 8,445,745
Jul 9,632,402
Aug 10,925,876
Sep 12,263,996
Oct 13,427,619
Nov 14,660,851
Dec 16,173,734
Percent of budget 33.26%
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 16 of 36
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 936,587 784,273 ‐16.26%
Apr 1,341,646 1,164,263 ‐13.22%
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 29.77%
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 1,571,828 1,686,664 7.31%
Apr 2,644,504 2,889,749 9.27%
May 5,185,764
Jun 5,843,075
Jul 6,410,762
Aug 7,029,960
Sep 7,700,133
Oct 8,700,215
Nov 12,569,101
Dec 13,251,387
Percent of budget 21.81%
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 17 of 36
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 1,508,665 ‐6.02%
Apr 2,237,065 2,428,409 8.55%
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 34.64%
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 706,895 614,574 ‐13.06%
Apr 1,064,787 859,779 ‐19.25%
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 25.89%
$‐
$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 18 of 36
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 1,488,270 8.47%
Apr 2,360,868 2,456,370 4.05%
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 38.63%
Misc Budget
YTD
Actual
Annual %
over (under)
Jan 195,249 269,664 38.11%
Feb 274,641 405,203 47.54%
Mar 413,582 587,589 42.07%
Apr 492,674 720,482 46.24%
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 33.28%
$‐
$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 19 of 36
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 12,452 500 ‐95.98%
Apr 18,072 3,218 ‐82.19%
May 45,181
Jun 45,181
Jul 45,181
Aug 120,676
Sep 144,101
Oct 219,598
Nov 247,794
Dec 255,000
Percent of budget 1.26%
$0
$50,000
$100,000
$150,000
$200,000
$250,000
Other Financing Sources
Budget
Actual
Last Year
Page 20 of 36
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 761,342 728,573 ‐4.30%
Apr 1,309,602 1,167,058 ‐10.88%
May 1,598,685
Jun 2,071,217
Jul 2,380,670
Aug 2,708,281
Sep 2,978,018
Oct 3,327,308
Nov 3,637,487
Dec 4,000,000
Percent of budget 29.18%
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 1,145,031 864,986 ‐24.46%
Apr 1,553,259 1,520,269 ‐2.12%
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 32.49%
$‐
$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 21 of 36
City of Renton
Monthly Expenditure Analysis ‐ 2015 Budget Year
General
Government Budget
YTD
Actual
Annual %
over (under)
Jan 8,870,211 8,067,548 ‐9.05%
Feb 17,801,100 17,074,731 ‐4.08%
Mar 26,363,724 25,740,531 ‐2.36%
Apr 35,013,596 33,688,640 ‐3.78%
May 47,442,131
Jun 56,818,048
Jul 66,902,453
Aug 76,921,427
Sep 86,675,027
Oct 96,117,892
Nov 105,532,438
Dec 116,735,570
Percent of budget expended 28.86%
Legislative Budget
YTD
Actual
Annual %
over (under)
Jan 26,298 32,033 21.81%
Feb 58,089 58,037 ‐0.09%
Mar 87,938 88,145 0.23%
Apr 115,765 113,635 ‐1.84%
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 33.84%
$‐
$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 22 of 36
City of Renton
Monthly Expenditure Analysis ‐ 2015 Budget Year
Executive Budget
YTD
Actual
Annual %
over (under)
Jan 103,164 80,465 ‐22.00%
Feb 247,755 200,055 ‐19.25%
Mar 394,565 319,885 ‐18.93%
Apr 549,627 443,641 ‐19.28%
May 694,977
Jun 826,471
Jul 971,091
Aug 1,120,544
Sep 1,257,659
Oct 1,400,057
Nov 1,537,283
Dec 1,714,717
Percent of budget expended 25.87%
City Attorney Budget
YTD
Actual
Annual %
over (under)
Jan 147,754 151,100 2.27%
Feb 300,008 294,916 ‐1.70%
Mar 452,011 443,297 ‐1.93%
Apr 612,052 599,643 ‐2.03%
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 29.96%
$‐
$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 23 of 36
City of Renton
Monthly Expenditure Analysis ‐ 2015 Budget Year
Court Services Budget
YTD
Actual
Annual %
over (under)
Jan 166,668 151,935 ‐8.84%
Feb 338,869 313,414 ‐7.51%
Mar 511,393 477,408 ‐6.65%
Apr 696,880 641,217 ‐7.99%
May 869,244
Jun 1,056,245
Jul 1,234,390
Aug 1,409,269
Sep 1,584,709
Oct 1,758,480
Nov 1,925,555
Dec 2,148,553
Percent of budget expended 29.84%
CED Admin Budget
YTD
Actual
Annual %
over (under)
Jan 96,399 88,408 ‐8.29%
Feb 192,792 177,244 ‐8.06%
Mar 289,500 266,079 ‐8.09%
Apr 387,901 358,681 ‐7.53%
May 484,593
Jun 581,892
Jul 679,312
Aug 776,605
Sep 874,091
Oct 971,695
Nov 1,068,592
Dec 1,177,608
Percent of budget expended 30.46%
$‐
$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 24 of 36
City of Renton
Monthly Expenditure Analysis ‐ 2015 Budget Year
Development
Services Budget
YTD
Actual
Annual %
over (under)
Jan 245,642 201,493 ‐17.97%
Feb 478,377 427,863 ‐10.56%
Mar 728,947 653,820 ‐10.31%
Apr 1,000,731 867,751 ‐13.29%
May 1,246,791
Jun 1,492,934
Jul 1,738,076
Aug 2,000,285
Sep 2,223,932
Oct 2,468,126
Nov 2,708,274
Dec 2,964,321
Percent of budget expended 29.27%
Economic
Development Budget
YTD
Actual
Annual %
over (under)
Jan 105,386 43,127 ‐59.08%
Feb 152,275 122,554 ‐19.52%
Mar 230,941 171,373 ‐25.79%
Apr 312,564 228,439 ‐26.91%
May 381,359
Jun 468,634
Jul 571,804
Aug 668,297
Sep 758,365
Oct 846,244
Nov 929,468
Dec 1,053,786
Percent of budget expended 21.68%
$‐
$0.50
$1.00
$1.50
$2.00
$2.50
$3.00
Millions
Development Services
Budget
Actual
Last Year
$‐
$0.20
$0.40
$0.60
$0.80
$1.00
$1.20
Millions
Economic Development
Budget
Actual
Last Year
Page 25 of 36
City of Renton
Monthly Expenditure Analysis ‐ 2015 Budget Year
Planning Budget
YTD
Actual
Annual %
over (under)
Jan 177,750 197,905 11.34%
Feb 377,402 398,110 5.49%
Mar 585,268 616,614 5.36%
Apr 801,453 829,531 3.50%
May 1,016,839
Jun 1,242,681
Jul 1,478,295
Aug 1,726,181
Sep 1,971,643
Oct 2,223,724
Nov 2,452,676
Dec 2,714,466
Percent of budget expended 30.56%
Finance Budget
YTD
Actual
Annual %
over (under)
Jan 173,682 171,705 ‐1.14%
Feb 349,801 350,741 0.27%
Mar 535,847 531,013 ‐0.90%
Apr 732,791 711,350 ‐2.93%
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 25.45%
$‐
$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 26 of 36
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 292,896 194,321 ‐33.66%
Apr 363,579 264,641 ‐27.21%
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 24.24%
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 299,478 256,191 ‐14.45%
Apr 419,831 366,906 ‐12.61%
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 27.87%
$‐
$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 27 of 36
City of Renton
Monthly Expenditure Analysis ‐ 2015 Budget Year
Police Budget
YTD
Actual
Annual %
over (under)
Jan 2,838,312 2,696,824 ‐4.98%
Feb 5,338,652 5,110,347 ‐4.28%
Mar 8,132,481 8,006,482 ‐1.55%
Apr 10,622,411 10,472,025 ‐1.42%
May 13,464,544
Jun 16,090,029
Jul 18,935,667
Aug 21,421,969
Sep 24,280,565
Oct 26,807,764
Nov 29,604,248
Dec 32,571,356
Percent of budget expended 32.15%
Fire &
Emergency
Services Budget
YTD
Actual
Annual %
over (under)
Jan 2,492,921 2,067,851 ‐17.05%
Feb 5,128,345 5,131,944 0.07%
Mar 7,252,690 7,236,866 ‐0.22%
Apr 9,384,058 9,250,808 ‐1.42%
May 11,422,752
Jun 13,549,804
Jul 15,728,121
Aug 18,088,845
Sep 20,238,248
Oct 22,409,217
Nov 24,560,558
Dec 26,890,757
Percent of budget expended 34.40%
$‐
$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 28 of 36
City of Renton
Monthly Expenditure Analysis ‐ 2015 Budget Year
Community
Services Admin Budget
YTD
Actual
Annual %
over (under)
Jan 43,966 41,417 ‐5.80%
Feb 90,262 84,599 ‐6.27%
Mar 139,409 131,187 ‐5.90%
Apr 186,134 173,595 ‐6.74%
May 230,632
Jun 276,022
Jul 322,391
Aug 367,593
Sep 412,944
Oct 457,663
Nov 506,080
Dec 560,787
Percent of budget expended 30.96%
Parks Budget
YTD
Actual
Annual %
over (under)
Jan 323,319 291,345 ‐9.89%
Feb 668,166 618,104 ‐7.49%
Mar 1,019,824 958,044 ‐6.06%
Apr 1,402,450 1,289,256 ‐8.07%
May 1,791,764
Jun 2,210,429
Jul 2,663,055
Aug 3,155,333
Sep 3,622,427
Oct 4,061,392
Nov 4,444,252
Dec 4,835,254
Percent of budget expended 26.66%
$‐
$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 29 of 36
City of Renton
Monthly Expenditure Analysis ‐ 2015 Budget Year
Parks Planning
and Natural
Resources Budget
YTD
Actual
Annual %
over (under)
Jan 57,626 46,145 ‐19.92%
Feb 119,103 93,550 ‐21.45%
Mar 194,149 151,169 ‐22.14%
Apr 265,365 208,488 ‐21.43%
May 352,436
Jun 422,424
Jul 505,774
Aug 583,762
Sep 669,196
Oct 749,706
Nov 835,853
Dec 1,034,004
Percent of budget expended 20.16%
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 1,048,007 0.91%
Apr 1,416,679 1,422,635 0.42%
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 27.35%
$‐
$200,000
$400,000
$600,000
$800,000
$1,000,000
$1,200,000
Parks Planning and Natural Resources
Budget
Actual
Last Year
$0.00
$0.50
$1.00
$1.50
$2.00
$2.50
$3.00
$3.50
$4.00
$4.50
$5.00
$5.50
Millions Recreation
Budget
Actual
Last Year
Page 30 of 36
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 241,783 251,898 4.18%
Apr 375,238 410,324 9.35%
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 34.19%
Neighborhoods
, Resources,
and Events Budget
YTD
Actual
Annual %
over (under)
Jan 71,877 57,115 ‐20.54%
Feb 160,969 132,128 ‐17.92%
Mar 234,444 197,567 ‐15.73%
Apr 308,166 257,014 ‐16.60%
May 375,327
Jun 462,220
Jul 579,552
Aug 670,339
Sep 750,598
Oct 831,121
Nov 918,936
Dec 1,036,841
Percent of budget expended 24.79%
$‐
$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 31 of 36
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 56,379 3.67%
Apr 73,431 75,445 2.74%
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 33.12%
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 96,942 ‐7.17%
Apr 141,243 128,823 ‐8.79%
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 32.54%
$‐
$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 32 of 36
City of Renton
Monthly Expenditure Analysis ‐ 2015 Budget Year
Street
Maintenance Budget
YTD
Actual
Annual %
over (under)
Jan 382,448 387,644 1.36%
Feb 810,592 784,009 ‐3.28%
Mar 1,196,298 1,213,907 1.47%
Apr 1,694,724 1,612,472 ‐4.85%
May 2,115,430
Jun 2,545,047
Jul 2,969,351
Aug 3,394,715
Sep 3,834,705
Oct 4,322,555
Nov 4,746,267
Dec 5,186,713
Percent of budget expended 31.09%
Transportation Budget
YTD
Actual
Annual %
over (under)
Jan 342,755 300,741 ‐12.26%
Feb 756,805 642,729 ‐15.07%
Mar 1,159,250 1,186,713 2.37%
Apr 1,721,150 1,532,946 ‐10.93%
May 2,085,812
Jun 2,447,685
Jul 2,855,673
Aug 3,315,075
Sep 3,658,906
Oct 4,074,919
Nov 4,433,073
Dec 5,076,998
Percent of budget expended 30.19%
$‐
$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 33 of 36
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 298,456 298,456 0.00%
Apr 315,231 315,231 0.00%
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 4.88%
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 888,765 888,765 0.00%
Apr 1,114,142 1,114,142 0.00%
May 2,808,657
Jun 3,370,389
Jul 3,932,120
Aug 4,493,852
Sep 5,055,583
Oct 5,617,315
Nov 6,179,046
Dec 6,740,778
Percent of budget expended 16.53%
$‐
$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 34 of 36
City of Renton
Monthly Enterprise Fund Financial Report ‐ 2015 Budget Year
Utilities Budget Revenue Expense
Jan 5,199,392 5,924,339 3,255,611
Feb 11,168,377 11,761,602 9,177,660
Mar 17,399,993 18,199,879 13,336,961
Apr 23,282,829 24,382,710 16,789,048
May 29,815,221
Jun 37,340,357
Jul 45,172,785
Aug 52,345,600
Sep 60,520,029
Oct 67,617,877
Nov 74,232,293
Dec 88,898,298
Percent of budget expended 15.75%
Note: Operations and Capital
Airport Budget Revenue Expense
Jan 384,243 211,809 77,274
Feb 1,672,027 801,118 211,920
Mar 4,340,484 1,176,025 1,153,469
Apr 4,991,541 1,410,614 1,457,521
May 6,180,175
Jun 6,825,138
Jul 8,638,312
Aug 9,349,977
Sep 11,578,029
Oct 12,523,403
Nov 14,062,517
Dec 16,469,927
Percent of budget expended 8.85%
Note: Operations and Capital
$0
$10
$20
$30
$40
$50
$60
$70
$80
$90
Millions Utilities
Budget
Revenue
Expense
$‐
$2.00
$4.00
$6.00
$8.00
$10.00
$12.00
$14.00
$16.00
$18.00
Millions Airport
Budget
Revenue
Expense
Page 35 of 36
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 424,001 356,415 452,194
Apr 608,130 576,883 608,006
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 23.24%
Note: Operations and Capital
$‐
$0.30
$0.60
$0.90
$1.20
$1.50
$1.80
$2.10
$2.40
$2.70
Millions Golf Course
Budget
Revenue
Expense
Page 36 of 36