HomeMy WebLinkAbout201211, November.pdfADMINISTRATIVE SERVICES
DEPARTMENT
M E M O R A N D U M
DATE: January 7, 2013
TO: Randy Corman, Council President
Members of the Renton City Council
CC: Denis Law, Mayor
Administrators
FROM: Hai Nguyen, Sr. Finance Analyst
SUBJECT: November 2012 Financial Status Report
At the end of November, general governmental revenues show $1.6 million or 1.7% over
budget. Revenues sources that are higher than expected are: property taxes ($376k); sales tax
($543k); gambling taxes ($102k); real estate excise taxes ($116k); building permits &
development service fees ($720k); state shared revenues ($308k); and other miscellaneous
($163k). On the down side, the revenue sources that are underperforming the year to date
budget are: admission tax ($40k); franchise fees ($59k below); utility taxes ($313k below);
culture and recreation fees ($173k below); interfund/inter‐departmental services ($238k
below); and fines and forfeitures ($142k).
General government expenditures showed favorable variance of $1.6 million or 1.8%. 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
$%
Beginning Fund Balance 11,955,285$ 11,955,285$ 11,407,119$ 11,407,119$ 11,057,551$ 11,057,551$ 11,057,551$ ‐ 0.0%
OPERATING REVENUES
Property Tax 31,497,128 31,626,558 32,357,894 32,078,777 32,896,746 32,724,934 33,101,164 376,230 1.1%
Sales Tax 17,198,220 15,795,188 17,729,731 16,305,899 17,864,000 16,396,204 16,939,390 543,187 3.3%
Sales Tax ‐ Annexation Credit 2,025,660 1,860,875 2,033,954 1,864,549 2,101,647 1,926,604 2,015,685 89,080 4.6%
Criminal Justice Sales Tax 1,620,479 1,489,606 1,809,757 1,664,620 1,867,145 1,717,406 1,759,137 41,732 2.4%
Natural Gas Use Tax 228,514 212,031 249,407 233,040 270,394 252,650 271,414 18,765 7.4%
Admission Tax 291,399 291,399 308,200 308,200 350,000 350,000 309,809 (40,191) ‐11.5%
Franchise Fees 1,222,444 1,177,275 1,234,448 1,187,337 1,323,000 1,272,509 1,213,993 (58,517) ‐4.6%
Electricity Tax 5,036,907 4,543,890 5,166,711 4,658,706 5,283,280 4,763,814 4,750,540 (13,274) ‐0.3%
Natural Gas Utility Tax 1,577,756 1,373,970 1,848,806 1,637,345 1,950,000 1,726,965 1,504,821 (222,144) ‐12.9%
Transfer Station 269,912 263,595 297,474 274,190 248,762 229,291 295,244 65,953 28.8%
TV Cable 1,296,744 1,174,364 1,385,275 1,265,493 1,427,679 1,304,230 1,297,488 (6,742) ‐0.5%
Telephone 1,038,009 961,905 966,827 896,516 1,000,000 927,276 868,430 (58,846) ‐6.3%
Cellular Phone 2,206,637 2,048,458 2,054,183 1,930,887 2,309,360 2,170,747 1,953,175 (217,573) ‐10.0%
City Utilities 2,853,884 2,617,783 3,516,179 3,227,799 3,665,728 3,365,083 3,485,580 120,498 3.6%
Leasehold Excise Tax 138,830 104,082 162,593 123,748 145,000 110,358 120,295 9,936 9.0%
Gambling Excise Tax 1,546,386 1,426,905 1,671,414 1,500,517 1,600,000 1,436,405 1,538,190 101,785 7.1%
Real Estate Excise Tax 2,464,489 2,046,564 2,074,059 1,908,728 2,767,521 2,512,294 2,560,980 48,686 1.9%
Less: Municipal Facilities CIP REET (400,000) (434,525) (400,000) (340,844) (943,588) (804,042) (737,047) 66,995 ‐8.3%
EMS Levy 1,161,114 870,794 868,873 727,762 1,007,976 442,891 442,891 (0) 0.0%
Business License Fees 431,782 429,698 442,451 447,230 469,817 466,965 441,308 (25,657) ‐5.5%
Other Licenses and Permits 262,629 232,391 232,534 186,886 213,305 171,432 215,074 43,643 25.5%
Building Permits & Development Svc Fees 2,437,270 2,267,458 2,772,779 2,556,370 2,466,063 2,271,626 2,991,129 719,504 31.7%
Intergovt'l (Grants, State Shared, etc) 4,426,676 3,991,060 4,737,323 3,828,783 4,398,140 3,925,648 4,192,210 266,562 6.8%
Fire District 25 and 40 Contracts 5,252,877 5,252,877 6,110,668 5,982,201 6,008,694 6,002,346 6,002,346 ‐ 0.0%
Public Safety 482,343 409,009 484,985 438,838 430,635 389,659 424,291 34,632 8.9%
Culture and Recreation 1,424,932 1,359,462 1,493,540 1,444,650 1,660,863 1,606,495 1,433,697 (172,798) ‐10.8%
Interfund/Interdept‐Services 3,190,908 2,907,085 3,070,506 2,761,852 3,617,185 3,253,578 3,015,630 (237,947) ‐7.3%
Fines and Forfeits 1,291,817 1,098,650 1,163,602 985,088 1,088,750 922,270 893,172 (29,098) ‐3.2%
Photo Enforcement 1,925,159 1,770,040 1,897,782 1,716,724 1,944,713 1,759,177 1,795,525 36,348 2.1%
Seizure Funds ‐ Federal/State/Local 221,046 214,093 83,220 83,220 180,693 180,693 31,767 (148,926) ‐82.4%
Interests and Other Earnings 183,511 169,563 107,183 95,267 125,400 111,458 91,439 (20,020) ‐18.0%
Rents, Leases, and Concessions 727,338 695,028 744,834 685,910 701,464 645,971 748,979 103,008 15.9%
Contributions and Donations 133,756 129,404 196,586 181,939 82,750 76,585 120,735 44,150 57.6%
Other Miscellaneous 434,286 402,552 529,147 426,864 427,358 312,985 476,459 163,474 52.2%
Other Financing Sources (Transfer‐In, etc) 653,595 653,532 1,073,507 699,192 2,758,886 907,701 907,701 ‐ 0.0%
Total Operating Revenues 96,754,435 91,432,617 100,476,431 93,974,281 103,709,365 95,830,208 97,472,642 1,642,434 1.7%
OPERATING EXPENDITURES
Legislative 259,345 236,316 271,236 248,619 284,087 259,647 254,552 5,095 2.0%
Executive 1,578,526 1,450,539 1,566,906 1,373,408 1,468,694 1,318,583 1,231,423 87,160 6.6%
Hearing Examiner 174,447 159,823 59,878 55,588 71,025 65,292 53,845 11,447 17.5%
City Attorney 1,565,597 1,432,643 1,596,609 1,454,358 1,733,686 1,582,804 1,563,092 19,712 1.2%
Court Services 2,007,599 1,825,471 2,084,170 1,901,814 2,155,819 1,963,784 1,901,324 62,461 3.2%
Community and Eco Dvlpmnt Admin 579,396 531,470 929,814 852,682 952,912 873,950 861,611 12,339 1.4%
Development Services 2,946,413 2,690,391 2,810,736 2,575,597 3,434,929 3,141,884 2,823,550 318,334 10.1%
Economic Development 1,293,536 1,172,391 659,981 603,589 676,136 614,688 490,160 124,528 20.3%
Planning 1,774,508 1,601,519 1,447,781 1,324,065 1,516,719 1,377,062 1,347,651 29,411 2.1%
Finance 2,214,458 1,712,099 2,134,667 1,701,582 2,161,836 1,696,851 1,768,328 (71,476) ‐4.2%
City Clerk 789,209 735,170 736,880 681,965 1,002,105 930,561 866,205 64,355 6.9%
Human Resources 861,221 772,857 888,252 803,493 946,956 853,247 850,165 3,082 0.4%
Police 23,946,386 21,921,819 24,737,346 22,471,849 25,214,618 22,992,679 22,821,018 171,660 0.7%
Jail Services 3,539,035 2,997,753 6,206,735 3,950,206 4,315,888 3,196,779 3,196,779 ‐ 0.0%
Fire 21,554,792 19,765,276 22,511,597 20,660,951 24,138,681 22,144,674 22,184,782 (40,108) ‐0.2%
Community Services Admin 1 1,063,011 974,590 416,284 376,608 421,043 384,584 388,455 (3,871) ‐1.0%
Parks 3,421,424 3,134,627 3,829,676 3,513,912 4,045,762 3,709,562 3,632,323 77,239 2.1%
Parks Planning & Natural Resources 448,574 402,085 551,423 510,697 685,122 625,369 520,618 104,751 16.8%
Recreation 4,433,420 4,069,411 4,974,002 4,581,590 5,276,859 4,852,563 4,567,758 284,805 5.9%
Human Services 1,326,778 1,123,568 1,247,294 1,084,769 1,277,487 1,095,976 1,019,454 76,522 7.0%
Neighborhoods, Resources, & Events 359,690 300,237 675,534 575,306 775,917 656,233 633,941 22,293 3.4%
Library 2,289,692 2,287,744 2,030,000 2,027,619 278,603 276,106 276,106 ‐ 0.0%
Museum 191,090 175,177 210,620 192,989 213,533 195,702 199,085 (3,383) ‐1.7%
Public Works Admin 1 514,858 471,654 452,538 414,834 465,889 426,925 430,641 (3,716) ‐0.9%
Street Maintenance 3,412,892 3,092,938 3,534,025 3,248,591 3,728,945 3,403,987 3,368,565 35,421 1.0%
Transportation 5,215,309 4,662,744 4,509,066 4,054,370 4,763,972 4,270,515 4,086,739 183,776 4.3%
Debt Service 4,707,100 1,527,734 4,822,566 1,556,640 7,556,084 2,747,599 2,747,599 ‐ 0.0%
Non‐Departmental and Other 4,834,296 2,890,028 4,930,383 4,673,927 4,660,315 2,705,438 2,705,438 ‐ 0.0%
Total Operating Expenditures 97,302,601 84,118,075 100,825,999 87,471,619 104,223,621 88,363,045 86,791,207 1,571,838 1.8%
Total Ending Fund Balance 11,407,119$ 19,269,827$ 11,057,551$ 17,909,782$ 10,543,295$ 18,524,714$ 21,738,986$ 3,214,272 17.4%
1Facilities was included in Community Services Admin and Technical Services was included in Public Works Admin in 2010
Favorable (Unfavorable)
2010 2011 2012 Variance
Annual Actual YTD Actual Annual Budget YTD Budget YTD ActualSummary of Sources and Uses Annual Actual YTD Actual
Monthly Financial Report November 2012
Page 1 of 36
Monthly Financial Report November 2012
OVERVIEW
This financial overview reflects the City’s overall financial position for the fiscal year through November 30, 2012. Except as
noted, year‐to‐date budgeted revenues and operating expenditures are generally based on the collection/disbursement
patterns for the same period of the preceding year. The table on the previous page summarizes the general governmental
fund revenues and expenditures.
Revenues
Taxes
The combined collection of property, sales/use, utility, gambling, admissions, and real estate excise taxes represents 74% of
all resources supporting general governmental activities. The following section provides detail information on property,
sales, utility, and other taxes.
Property Tax
November’s collection is $5.1 million,
making the total year‐to‐date
collection $33.1 million or 101% of
the total budget. In comparison to
the previous year, the City collected
$1 million or 3% more. Compared to
the budget, the City is above
projections by $376k or 1%. 2012’s
monthly budgets are based on 2009
through 2011 collections. The
October/November variance from the
prior year and budget is due the
timing of collections. An estimated
$2.8 million of November 2012’s
collection was receipted in October 2012. If these two months are combined, the City is on track with the monthly budgets.
Sales Tax
November 2012 sales tax receipts totalled
$1.7 million. Compared with the same
month last year, it is $200k or 13% more.
Compared to the projected current
month’s budget, it is $186k or 12% above.
The year‐to‐date collection of $17 million
is $633k or 4% more than the prior year
and is also $543k or 3% more than
budgeted. The City is projecting sales tax
revenues to meet the budget at year‐end.
2011 2012 2012
Actual Budget Actual $ % $ %
Jan 505,501$ 255,343$ 149,112$ (356,390)$ ‐71% (106,231)$ ‐42%
Feb 336,193 316,911 85,577 (250,616) ‐75% (231,334) ‐73%
Mar 745,285 675,495 880,380 135,094 18% 204,885 30%
Apr 7,618,492 7,776,464 10,012,008 2,393,515 31% 2,235,544 29%
May 7,849,481 8,109,059 6,131,450 (1,718,030) ‐22% (1,977,609) ‐24%
Jun 54,963 98,578 43,203 (11,760) ‐21% (55,375) ‐56%
Jul 112,076 106,083 346,717 234,641 209% 240,634 227%
Aug 25,954 84,126 48,857 22,903 88% (35,269) ‐42%
Sep 467,946 421,108 545,753 77,807 17% 124,645 30%
Oct 7,014,860 6,907,167 9,734,384 2,719,524 39% 2,827,217 41%
Nov 7,348,025 7,974,601 5,123,725 (2,224,301) ‐30% (2,850,877) ‐36%
Dec 279,117 171,812
YTD Total 32,078,777$ 32,724,934$ 33,101,164$ 1,022,387$ 3% 376,230$ 1%
Annual Total 32,357,894$ 32,896,746$
Property Tax Revenues
Year to Date through November
2012 vs. 2011 2012 vs. Budget
Month
2011 2012 2012
Actual Budget Actual $ % $ %
Jan 1,339,658$ 1,388,527$ 1,327,548$ (12,111)$ ‐1% (60,980)$ ‐4%
Feb 1,982,269 1,787,327 1,923,714 (58,556) ‐3% 136,386 8%
Mar 1,299,237 1,372,298 1,303,820 4,583 0% (68,478) ‐5%
Apr 1,254,867 1,391,509 1,370,731 115,864 9% (20,778) ‐1%
May 1,590,780 1,578,875 1,599,184 8,403 1% 20,309 1%
Jun 1,368,213 1,422,596 1,482,794 114,580 8% 60,197 4%
Jul 1,437,859 1,411,637 1,505,142 67,283 5% 93,504 7%
Aug 1,534,218 1,522,536 1,583,903 49,685 3% 61,368 4%
Sep 1,472,399 1,468,712 1,472,566 167 0% 3,854 0%
Oct 1,517,444 1,529,207 1,660,941 143,496 9% 131,734 9%
Nov 1,508,954 1,522,978 1,709,049 200,095 13% 186,071 12%
Dec 1,423,832 1,467,796 ‐
YTD Total 16,305,899$ 16,396,204$ 16,939,390$ 633,491$ 4% 543,187$ 3%
Annual Total 17,729,731$ 17,864,000$
2012 vs. Budget2012 vs. 2011
Month
Year to Date through November
Local Retail Sales Tax Revenues
Page 2 of 36
Monthly Financial Report November 2012
The following table breaks out the City’s base sales tax (excluding Criminal Justice and Annexation Credit) by major business
sectors:
Sales Tax by Sector 2011 2012 Bgt YTD Act Change 2012/2011 2012 Act vs Bgt
New Construction 1,454,445$ 1,534,644$ 1,602,550$ 148,105$ 10%$ 67,906 4%
Auto Sales 2,912,290 3,204,044 3,098,992 186,702 6% (105,052)‐3%
General Retail 5,584,959 5,790,805 5,957,206 372,247 7% 166,401 3%
Manufacturing 983,620 644,997 951,888 (31,732) ‐3% 306,890 48%
Wholesale 1,054,401 1,084,836 1,062,528 8,127 1% (22,308)‐2%
Service 3,644,507 3,739,607 3,869,521 225,014 6% 129,914 3%
Other 671,679 397,271 396,706 (274,973) ‐41% (564) 0%
Total 16,305,899$ 16,396,204$ 16,939,390$ 633,491$ 4%543,187$ 3%
Note: Excludes Annexation Credit and Criminal Justice Sales Tax revenue.
Utility tax
November utility tax revenues are $1.2
million, which is $36k or 3% lower than
the same month last year and is also
behind the budget by $84k or 7%. The
year‐to‐date collection is $14.4 million,
which is $303k or 2% higher than the
prior year but is $313k or 2% lower than
the budget. The City is projecting utility
tax revenues to be under budget at year‐
end.
The table below breaks out Utility Tax by source. The Natural Gas variance is due to warmer weather year‐to‐date than the
prior year.
Utility Tax by Type 2011 2012 Bgt YTD Act Change 2012/2011 2012 Act vs Bgt
Electrical 4,658,706$ 4,763,814$ 4,750,540$ 91,833$ 2%$ (13,274) 0%
Natural Gas 1,870,385 1,979,614 1,776,235 (94,150) ‐5% (203,379)‐10%
Cell 1,930,887 2,170,747 1,953,175 22,288 1% (217,573)‐10%
Phone 896,516 927,276 868,430 (28,085) ‐3% (58,846)‐6%
Cable 1,265,493 1,304,230 1,297,488 31,996 3% (6,742)‐1%
Transfer Station 274,190 229,291 295,244 21,053 8% 65,953 29%
City Utilities 3,227,799 3,365,083 3,485,580 257,781 8% 120,498 4%
YTD Total 14,123,975$ 14,740,056$ 14,426,692$ 302,717$ 2%(313,364)$ ‐2%
Annual Total 15,484,862$ 16,155,203$
YTD as % of 91% 91%
2011 2012 2012
Actual Budget Actual $ % $ %
Jan 1,363,023$ 1,423,448$ 1,469,178$ 106,155$ 8% 45,730$ 3%
Feb 1,448,275 1,512,984 1,512,539 64,263 4% (445) 0%
Mar 1,480,840 1,546,398 1,438,515 (42,325) ‐3% (107,883) ‐7%
Apr 1,370,718 1,433,422 1,384,240 13,522 1% (49,182) ‐3%
May 1,291,530 1,350,150 1,394,109 102,579 8% 43,959 3%
Jun 1,203,475 1,256,117 1,108,588 (94,888) ‐8% (147,530) ‐12%
Jul 1,188,526 1,240,117 1,340,939 152,413 13% 100,822 8%
Aug 1,165,863 1,217,180 1,153,724 (12,139) ‐1% (63,457) ‐5%
Sep 1,176,526 1,225,853 1,301,158 124,631 11%75,304 6%
Oct 1,202,559 1,253,072 1,126,772 (75,786) ‐6% (126,300) ‐10%
Nov 1,232,640 1,281,314 1,196,932 (35,708) ‐3% (84,382) ‐7%
Dec 1,360,887 1,415,147
YTD Total 14,123,975$ 14,740,056$ 14,426,692$ 302,717$ 2% (313,364)$ ‐2%
Annual Total 15,484,862$ 16,155,203$
2012 vs. Budget2012 vs. 2011
Year to Date through November
Utility Tax Revenues
Month
Page 3 of 36
Monthly Financial Report November 2012
Other Taxes
Real Estate Excise Tax
The City collected $370k in Real Estate
Excise Tax revenues (REET) for November.
This is $34k or 10% ahead of the same
month last year but is $72k or 16% below
the current month’s budget. The year‐to‐
date collection is $2.6 million, which is
$652k or 34% more than the prior year and
is also $49k or 2% above the budget. The
City is projecting REET to be very close to
the budget at year‐end.
Gambling Tax
November’s Gambling Tax collections
total $177k. Year‐to‐date total of
$1.5 million is $38k or 3% above the
year before and is also $102k or 7%
above budget. The increase in
January’s collection from the
previous January is due to payment
plans with two establishments to
remit their monthly portions (starting
in October) of 2011 by year‐end,
which was receipted in the beginning
of 2012. Approximately $30k
collected in January was for the prior
year. The decrease in March is due
the timing of collections (the City
receipted $30k in April that was due for March). The variance in May is due to new payment plans with the same above
establishments. The City is projecting gambling tax revenues to meet the budget at year‐end.
Pull tabs overall had a 3% decrease, bingo increased by 28%, and card‐rooms are seeing 7% lower in activities when
compared to the prior year.
Franchise Fees
Franchise Fees are due quarterly and
the year‐to‐date revenue collections
are $1.2 million or 92% of the budget.
This is $27k or 2% higher than 2011
but is $59k or 5% below the
projected year‐to‐date budget. The
City is projecting franchise fees to be
under budget at year‐end.
2011 2012 2012
Actual Budget Actual $ % $ %
Jan 161,911$ 211,959$ 77,631$ (84,280)$ ‐52% (134,328)$ ‐63%
Feb 99,677 132,347 214,137 114,460 115% 81,790 62%
Mar 141,700 186,507 203,583 61,883 44% 17,076 9%
Apr 110,987 146,082 194,868 83,881 76% 48,786 33%
May 157,519 207,329 253,446 95,927 61% 46,117 22%
Jun 228,506 300,763 347,179 118,673 52% 46,416 15%
Jul 117,567 154,743 177,839 60,273 51% 23,096 15%
Aug 159,524 209,967 222,933 63,409 40% 12,966 6%
Sep 205,753 270,814 173,212 (32,541) ‐16% (97,602) ‐36%
Oct 189,691 249,674 326,027 136,336 72% 76,353 31%
Nov 335,893 442,107 370,123 34,230 10% (71,984) ‐16%
Dec 165,331 255,227
YTD Total 1,908,728$ 2,512,294$ 2,560,980$ 652,252$ 34% 48,686$ 2%
Annual Total 2,074,059$ 2,767,521$
Month
2012 vs. Budget2012 vs. 2011
Real Estate Excise Tax Revenues
Year to Date through November
2011 2012 2012
Actual Budget Actual $ % $ %
Jan 118,304$ 113,250$ 175,959$ 57,655$ 49% 62,710$ 55%
Feb 135,926 130,118 143,837 7,911 6% 13,719 11%
Mar 135,067 129,296 98,279 (36,787) ‐27% (31,016) ‐24%
Apr 162,459 155,518 156,498 (5,961) ‐4% 980 1%
May 159,013 152,219 101,088 (57,924) ‐36% (51,130) ‐34%
Jun 151,240 144,778 127,372 (23,868) ‐16% (17,406) ‐12%
Jul 136,775 130,931 161,244 24,469 18% 30,313 23%
Aug 144,161 138,001 146,526 2,365 2% 8,525 6%
Sep 125,618 120,251 162,540 36,922 29% 42,289 35%
Oct 92,937 88,966 87,494 (5,443) ‐6% (1,472) ‐2%
Nov 139,018 133,078 177,352 38,334 28% 44,274 33%
Dec 170,897 163,595 ‐
YTD Total 1,500,517$ 1,436,405$ 1,538,190$ 37,673$ 3% 101,785$ 7%
Annual Total 1,671,414$ 1,600,000$
2012 vs. 2011 2012 vs. Budget
Gambling Tax Revenue
Month
Year to Date through November
2011 2012 2012
Actual Budget Actual $ % $ %
Jan 305,646$ 327,571$ 300,392$ (5,254)$ ‐2% (27,179)$ ‐8%
Apr 294,560 315,690 299,534 4,974 2% (16,156) ‐5%
Jul 294,438 315,560 305,065 10,627 4% (10,495) ‐3%
Oct 292,692 313,688 309,001 16,309 6% (4,687) ‐1%
Dec 47,111 50,491 ‐
YTD Total 1,187,337$ 1,272,509$ 1,213,993$ 26,656$ 2% (58,517)$ ‐5%
Annual Total 1,234,448$ 1,323,000$
Franchise Fees Revenue
Year to Date through November
Month
2012 vs. 2011 2012 vs . Budget
Page 4 of 36
Monthly Financial Report November 2012
Admission Tax
Admission Tax returns are due quarterly in
January, April, July, and October each year.
October 2012 collections represent
activities conducted during the 3rd quarter
of 2012.
The report shows an increase of $3k or 1%
from the year before but is $38k or 11%
less than anticipated. The City is
projecting admission tax revenues to be under the budget at year‐end.
Licenses and Permits
Building Permits and Development Service Fees
Building Permits and Development Service
Fee revenues totalled $276k in November.
The year‐to‐date development fees
revenue of $3 million is $435k or 17% more
than 2011 and is also $720k or 32% higher
than budget. The higher than expected
fees are due to collecting more in general
building permits, electrical permits, public
works inspection fees and plan check fees.
The City has exceeded the budget for
building permits and development service
fee revenues.
Business Licenses
Business Licenses totalled $12k for November,
which is $6k or 32% below the same month
last year and is also $7k or 36% below the
current month’s budget. The year‐to‐date
Business Licenses revenue is right on target
with the prior year but is $26k or 5% behind
the budget. The reason for the variance in
May is due to two corrections (one for 2011
and one for 2012) incorrectly coded to
amusement licenses and lower activity
recorded for general business licenses. The
City is projecting business licenses to be under
the budget at year‐end.
2011 2012 2012
Actual Budget Actual $ % $ %
Jan 70,405$ 79,953$ 73,420$ 3,015$ 4% (6,534)$ ‐8%
Feb 477 542 934 457 96% 392 72%
Apr 63,582 72,205 80,352 16,770 26% 8,147 11%
May 407 462 ‐
Jul 86,024 97,691 81,104 (4,921) ‐6% (16,588) ‐17%
Aug 1,194 1,356 ‐
Oct 86,112 97,791 74,001 (12,111) ‐14% (23,790) ‐24%
YTD Total 308,200$ 350,000$ 309,809$ 3,210$ 1% (38,372)$ ‐11%
Annual Total 308,200$ 350,000$
Month
2012 vs. 2011 2012 vs. Budget
Admission Tax Revenue
Year to Date through November
2011 2012 2012
Actual Budget Actual $ % $ %
Jan 132,621$ 112,664$ 160,750$ 28,129$ 21% 48,086$ 43%
Feb 141,672 125,262 197,549 55,877 39% 72,287 58%
Mar 265,782 238,974 262,937 (2,845) ‐1% 23,963 10%
Apr 190,534 167,552 259,386 68,852 36% 91,834 55%
May 239,018 215,841 285,205 46,187 19% 69,364 32%
Jun 215,975 195,717 291,218 75,243 35% 95,500 49%
Jul 211,760 187,937 299,611 87,851 41% 111,674 59%
Aug 393,797 351,616 368,587 (25,209) ‐6% 16,972 5%
Sep 321,961 289,918 182,210 (139,751) ‐43% (107,708) ‐37%
Oct 213,930 189,380 407,388 193,458 90% 218,008 115%
Nov 229,322 196,766 276,289 46,967 20% 79,522 40%
Dec 216,409 194,437
YTD Total 2,556,370$ 2,271,626$ 2,991,129$ 434,759$ 17% 719,504$ 32%
Annual Total 2,772,779$ 2,466,063$
Building Permits and Development Service Fees
Year to Date through November
2012 vs. Budget2012 vs. 2011
Month
2011 2012 2012
Actual Budget Actual $ % $ %
Jan 84,109$ 89,311$ 88,676$ 4,568$ 5% (635)$ ‐1%
Feb 23,153 24,585 24,251 1,098 5% (334) ‐1%
Mar 3,811 4,047 4,927 1,115 29% 880 22%
Apr 83,930 89,121 89,003 5,074 6% (117) 0%
May 20,142 21,387 2,645 (17,496) ‐87% (18,742) ‐88%
Jun 3,964 4,209 3,377 (588) ‐15% (833) ‐20%
Jul 83,962 89,155 98,553 14,591 17% 9,398 11%
Aug 18,393 19,531 14,550 (3,844) ‐21% (4,981) ‐26%
Sep 4,135 4,391 3,197 (937) ‐23% (1,193) ‐27%
Oct 95,874 101,804 99,644 3,770 4% (2,160) ‐2%
Nov 18,291 19,423 12,484 (5,808) ‐32% (6,939) ‐36%
Dec 2,686 2,852 ‐
YTD Total 439,765$ 466,965$ 441,308$ 1,543$ 0% (25,657)$ ‐5%
Annual Total 442,451$ 469,817$
Business Licenses
Month
2012 vs. 2011
Year to Date through November
2012 vs. Budget
Page 5 of 36
Monthly Financial Report November 2012
Intergovernmental
These revenue sources include
federal (direct and indirect)
grants, state grants, state shared
revenues, local grants,
entitlements, and
intergovernmental. 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 $12 million or 97% of the budget.
State Shared Revenues
State Shared Revenue collections
totalled $4.3 million since the start
of 2012. Compared to the prior
year, State Shared Revenues are
above by $243k or 6%. Compared
to the projected budget, the City is
collecting $308k or 8% more. The
higher than expected collections
are due to the low budget of
Criminal Justice’s High Crime and
for Liquor Profits (due to auction
proceeds). The auction proceeds
will only be receipted in 2012. The reason for the decline in Liquor Excise Tax is also due to the passage of Initiative 1183.
Starting October 2012, the State will divert all Liquor Excise Taxes that would normally be distributed to local governments
to their State General Fund for one year. The City will not receive these excise taxes in January 2013, April 2013 and July
2013. On the October 2013 distribution and on, local governments will start receiving their portions of the excise taxes less
a $10 million (per year) transfer from the State Liquor Excise Tax Fund to the State General Fund. The City is projecting the
total state shared revenues to exceed the budget at year‐end.
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 73% of the total revenue in this category. The year‐to‐date total charges for services are $6.1 million or 92% of
the budget. This is right on target with budget projections. The following sections provide detail information for Public
Safety, Recreation, and Interfund Services.
Public Safety Services
Public Safety Services totalled $424k since the
start of the year. These services include
private security, adult probation services, and
housing/monitoring of prisoners. Compared to
the prior year, the City is collecting $15k or 3%
less. Compared to the budget, the City is
collecting $35k or 9% more than anticipated
revenue. The City is projecting public safety
services revenues to meet the budget at year‐
end.
Intergovernmental 2011 2012 Bgt YTD Act Change 2012/2011 2012 Act vs Bgt
Fire District #25 1,349,353$ 1,345,623$ 1,345,623$ (3,730)$ 0% $ ‐ 0%
Fire District #40 4,632,848 4,656,723 4,656,723 23,876 1%‐ 0%
State Shared Revenue 4,091,461 4,026,028 4,334,322 242,861 6% 308,293 8%
Federal Grants 588,555 959,359 959,359 370,805 63%‐ 0%
State Grants 140,420 140,439 140,439 19 0%‐ 0%
Other Grants/Intgovt 143,550 123,235 123,235 (20,316) ‐14%‐ 0%
ARRA Grants 529,417 393,992 393,992 (135,425) ‐26%‐ 0%
Total Rev YTD 11,475,604$ 11,645,400$ 11,953,693$ 478,090$ 4%308,293$ 3%
Total Rev Annual 12,657,748$ 12,273,979$
YTD % 91% 95% 97%
Note: Includes CJ Sales Tax.
2011 2012 2012
Actual Budget Actual $ % $ %
Jan 18,824$ 16,715$ 15,229$ (3,595)$ ‐19% (1,486)$ ‐9%
Feb 40,902 36,318 34,848 (6,054) ‐15% (1,470) ‐4%
Mar 30,346 26,945 35,353 5,007 17% 8,408 31%
Apr 52,434 46,558 68,426 15,993 31% 21,869 47%
May 35,609 31,619 42,979 7,370 21% 11,360 36%
Jun 46,295 41,107 31,486 (14,809) ‐32% (9,621) ‐23%
Jul 70,094 62,239 54,883 (15,211) ‐22% (7,356) ‐12%
Aug 35,891 31,868 34,742 (1,148) ‐3% 2,874 9%
Sep 30,743 27,298 36,019 5,276 17% 8,721 32%
Oct 34,756 30,861 37,300 2,543 7% 6,438 21%
Nov 42,944 38,131 33,025 (9,919) ‐23% (5,107) ‐13%
Dec 46,148 40,976 ‐
YTD Total 438,838$ 389,659$ 424,291$ (14,547)$ ‐3% 34,632$ 9%
Annual Total 484,985$ 430,635$
Month
2012 vs. 2011
Year to Date through November
Public Safety Services
2012 vs. Budget
2011 2012 2012
Actual Budget Actual $ % $ %
Crim Just Sales Tax 1,664,620$ 1,717,406$ 1,759,137$ 94,517$ 6% 41,732$ 2%
Judicial Contribution 22,468 12,000 22,632 164 1% 10,632 89%
Crim Just ‐ High Crime 188,543 96,000 196,270 7,727 4% 100,270 104%
Crim Just ‐ Pop 19,922 ‐ 20,976 1,055 5% 20,976 100%
Crim Just ‐ Spec Prog 75,211 68,096 78,864 3,653 5% 10,768 16%
State DUI 18,973 15,111 17,397 (1,576) ‐8% 2,286 15%
Liquor Profits 485,460 497,825 717,552 232,091 48% 219,727 44%
Liquor Excise Tax 440,422 450,000 342,495 (97,928) ‐22% (107,505) ‐24%
Fuel Tax 1,175,841 1,169,591 1,178,999 3,158 0% 9,408 1%
YTD Total 4,091,461$ 4,026,028$ 4,334,322$ 242,861$ 6% 308,293$ 8%
Annual Total 4,495,551$ 4,437,913$
2012 vs. Budget
State Shared Revenues
2012 vs. 2011
Revenue
Year to Date through November
Page 6 of 36
Monthly Financial Report November 2012
Recreation
Recreation revenues totalled $66k for the
current month. Compared to the same
month the prior year, the City collected $12k
or 15% less. Compared to the projected
monthly budget, the City collected $20k or
24% less. The year‐to‐date collection of $1.4
million is 11k or 1% less than the prior year
and is also $173k or 11% less than the
budget. The primary reason that recreation
fees are lower is due to the new cost
recovery policy approved by council this year
which reduces or eliminates those programs
that do not meet recovery objectives. This
revenue reduction translates into a
projected savings of $285k in the Recreation Division of the Community Services Department.
Interfund Services
The year‐to‐date collections for Interfund
Services revenues are $3 million. Compared
to the prior year, the revenues are over by
$254k or 9%. Compared to the projected
budget, the revenues are below by $238k or
7%. 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, Transportation
division’s capital investment program
reimbursements, and Maintenance division’s
street maintenance reimbursements. The
budget variance is due to January and
February maintenance activity that was not recorded in those months and was corrected in March. The City projects
interfund service revenues to be under budget by year‐end.
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 on the following page
breaks down these fines by type. The
year‐to‐date total fines and penalties is
$2.7 million. This is $67k or 2% lower than
a year ago and is also $170k or 6% under
the budget. The City is projecting fines
and penalties to be under the budget at
year‐end.
2011 2012 2012
Actual Budget Actual $ % $ %
Jan 61,933$ 68,872$ 62,072$ 138$ 0% (6,800)$ ‐10%
Feb 82,497 91,739 59,327 (23,170) ‐28% (32,412) ‐35%
Mar 99,537 110,688 104,775 5,238 5% (5,913) ‐5%
Apr 153,717 170,938 137,257 (16,460) ‐11% (33,681) ‐20%
May 134,113 149,138 139,013 4,900 4% (10,125) ‐7%
Jun 144,083 160,224 149,137 5,054 4% (11,087) ‐7%
Jul 211,388 235,070 260,363 48,975 23% 25,293 11%
Aug 254,060 282,523 262,038 7,978 3% (20,485) ‐7%
Sep 142,253 158,189 107,879 (34,373) ‐24% (50,310) ‐32%
Oct 83,540 92,899 85,973 2,433 3% (6,926) ‐7%
Nov 77,528 86,214 65,863 (11,665) ‐15% (20,351) ‐24%
Dec 48,890 54,368 ‐
YTD Total 1,444,650$ 1,606,495$ 1,433,697$ (10,952)$ ‐1% (172,798)$ ‐11%
Annual Total 1,493,540$ 1,660,863$
Recreation
Year to Date through November
2012 vs. Budget2012 vs. 2011
Month
2011 2012 2012
Actual Budget Actual $ % $ %
Jan 258,617$ 304,661$ 237,384$ (21,232)$ ‐8% (67,277)$ ‐22%
Feb 251,772 296,598 234,758 (17,014) ‐7% (61,840) ‐21%
Mar 269,526 317,513 271,071 1,545 1% (46,442) ‐15%
Apr 249,538 293,966 253,070 3,532 1% (40,897) ‐14%
May 255,425 300,902 291,941 36,516 14% (8,961) ‐3%
Jun 234,878 276,697 275,112 40,234 17% (1,584) ‐1%
Jul 238,262 280,683 217,828 (20,434) ‐9% (62,855) ‐22%
Aug 229,627 270,511 345,690 116,063 51% 75,179 28%
Sep 237,006 279,203 273,570 36,564 15% (5,634) ‐2%
Oct 270,340 318,472 338,304 67,964 25% 19,832 6%
Nov 266,859 314,371 276,902 10,043 4% (37,469) ‐12%
Dec 308,654 363,607 ‐
YTD Total 2,761,852$ 3,253,578$ 3,015,630$ 253,779$ 9% (237,947)$ ‐7%
Annual Total 3,070,506$ 3,617,185$
Interfund Services
Year to Date through November
2012 vs. 2011 2012 vs. Budget
Month
2011 2012 2012
Actual Budget Actual $ % $ %
Jan 165,721$ 169,834$ 183,478$ 17,757$ 11% 13,644$ 8%
Feb 261,655 262,221 238,928 (22,727) ‐9% (23,293) ‐9%
Mar 313,067 314,171 241,678 (71,389) ‐23% (72,493) ‐23%
Apr 289,767 288,252 276,301 (13,466) ‐5% (11,952) ‐4%
May 255,949 255,826 303,583 47,634 19% 47,757 19%
Jun 262,444 261,662 314,041 51,597 20% 52,379 20%
Jul 247,468 249,471 271,355 23,888 10% 21,885 9%
Aug 184,473 189,735 164,744 (19,729) ‐11% (24,991) ‐13%
Sep 181,000 185,846 176,829 (4,170) ‐2% (9,017) ‐5%
Oct 300,431 385,882 276,374 (24,057) ‐8% (109,507) ‐28%
Nov 297,580 299,240 245,273 (52,308) ‐18% (53,968) ‐18%
Dec 352,911 352,016
YTD Total 2,759,554$ 2,862,140$ 2,692,584$ (66,970)$ ‐2% (169,556)$ ‐6%
Annual Total 3,112,464$ 3,214,156$
2012 vs. Budget2012 vs. 2011
Year to Date through November
Fines and Penalties by Month
Month
Page 7 of 36
Monthly Financial Report November 2012
Year to Date through November
2011 2012 2012
Actual Budget Actual $ % $ %
Civil Penalties 9,293$ 13,004$ 7,831$ (1,462)$ ‐16% (5,173)$ ‐40%
Civil Infraction Penalties 614,052 658,759 532,546 (81,506) ‐13% (126,212) ‐19%
Civil Parking Infraction Penalties 117,679 128,342 113,215 (4,464) ‐4% (15,127) ‐12%
Photo Enforcement Program 1,716,724 1,759,177 1,795,525 78,801 5% 36,348 2%
Criminal Traffic Misdemeanor Fines 85,210 77,139 75,400 (9,810) ‐12% (1,739) ‐2%
Criminal Non‐Traffic Fines 25,679 33,000 23,466 (2,213) ‐9% (9,534) ‐29%
Criminal Costs 106,487 10,052 112,077 5,589 5% 102,025 1015%
Seizure Funds ‐ Federal/State/Local 83,220 180,693 31,767 (51,453) ‐62% (148,926) ‐82%
Non‐Court Fines, Forfeitures and Penalties 1,210 1,976 758 (453) ‐37% (1,218) ‐62%
YTD Total 2,759,554$ 2,862,140$ 2,692,584$ (66,970)$ ‐2% (169,556)$ ‐6%
Annual Total 3,112,464$ 3,214,156$
Revenue
2012 vs. Budget
Fines and Penalties by Type
2012 vs. 2011
Included in the Fines and Penalties revenue budget is $1.9
million from the Photo Enforcement program. The budget
was based on the prior year’s revenue. The year‐to‐date
collections from this program equates to $1.8 million. The
associated costs includes the equipment provided by
American Traffic Solutions, Inc. (ATS), dedicated 2 FTEs in
the Court Services Department to process the increased
caseload and 1.1 FTEs in the Police Department for
support services. This staff time, along with a 90% pro tem
budget and interpreter costs amounts to $362k for
personnel costs. The total costs for the program equates
to $842k which is represented in the table. The City
received a credit in September for cameras that were shut
off but still charged (July and August).
Miscellaneous
This revenue source reflects the collection
of interest and other earnings, rents,
leases, and concessions, contributions, and
donations from private sources, and other
miscellaneous revenues. Interest and
other earnings along with rents, leases,
and concessions constitute 68% of the
total revenue in this category. The year‐
to‐date total miscellaneous is $1.2 million.
Compared to last year, the revenues are
over by $46k or 4%. Compared to the
projected year‐to‐date budget, the
revenues are over by $297k or 32%. The
table on the next page breaks out
miscellaneous revenues by type:
Favorable
Budget Actual Budget Actual (Unfavorable)
1
Jan 169,793$ 183,453$ 76,201$ 68,003$ 115,449$
Feb 167,986 147,252 76,693 67,808 79,444
Mar 203,098 144,853 76,201 67,639 77,215
Apr 181,989 178,542 53,048 64,815 113,727
May 160,960 215,625 71,882 67,979 147,645
Jun 180,018 221,524 71,871 67,952 153,571
Jul 155,574 188,622 72,275 68,237 120,385
Aug 98,678 92,593 56,688 67,693 24,900
Sep 83,853 72,707 71,527 46,369 26,338
Oct 145,798 194,376 71,420 59,816 134,559
Nov 211,430 155,978 71,884 60,430 95,548
Dec 185,536 ‐ 72,273 ‐ ‐
YTD Total 1,759,177$ 1,795,525$ 769,691$ 706,743$ 1,088,782$
Annual Total 1,944,713$ 841,964$
1 Actuals of Revenues and Expenses
Revenues Expenses
Photo Enforcement Program
Year to Date through November
Month
2011 2012 2012
Actual Budget Actual $ % $ %
Jan 143,105$ 128,460$ 206,151$ 63,046$ 44% 77,691$ 60%
Feb 70,237 47,134 83,823 13,585 19% 36,688 78%
Mar 99,131 78,037 104,421 5,289 5% 26,384 34%
Apr 74,048 58,078 98,164 24,115 33% 40,086 69%
May 97,083 85,466 145,213 48,130 50% 59,748 70%
Jun 145,018 113,860 93,832 (51,185) ‐35% (20,028) ‐18%
Jul 173,878 119,269 112,316 (61,562) ‐35% (6,953) ‐6%
Aug 133,570 99,866 143,389 9,819 7% 43,523 44%
Sep 97,973 76,287 89,588 (8,385) ‐9% 13,300 17%
Oct 75,425 61,830 91,608 16,183 21% 29,778 48%
Nov 77,427 67,666 64,705 (12,722) ‐16% (2,961) ‐4%
Dec 163,299 164,495
YTD Total 1,186,896$ 935,954$ 1,233,209$ 46,313$ 4% 297,256$ 32%
Annual Total 1,350,195$ 1,100,449$
Year to Date through November
Month
2012 vs. Budget2012 vs. 2011
Miscellaneous Revenues by Month
Page 8 of 36
Monthly Financial Report November 2012
2011 2012 2012
Actual Budget Actual $ % $ %
Interests and Other Earnings 95,267$ 111,458$ 91,439$ (3,828)$ ‐4% (20,020)$ ‐18%
Rents, Leases, and Concessions 685,910 645,971 748,979 63,069 9% 103,008 16%
Contributions/Donations from Private Sources 181,939 76,585 120,735 (61,204) ‐34% 44,150 58%
Other 223,781 101,940 272,056 48,276 22% 170,117 167%
YTD Total 1,186,896$ 935,954$ 1,233,209$ 46,313$ 4% 297,256$ 32%
Annual Total 1,350,195$ 1,100,449$
2012 vs. Budget
Miscellaneous Revenues by Type
Year to Date through November
Revenue
2012 vs. 2011
Rents, leases and concessions are higher than the prior year and budget due to higher than expected facility rentals at the
community center and food concession payments at Coulon Park.
Contributions and donations from private sources are favorable due to higher than expected donations.
Other miscellaneous revenues are higher than the prior year and budget due to higher than expected utility late payment
penalties.
EXPENSES
Overall the City has expended 83% of its budgeted general governmental expenditures at the end of November. This is $1.6
million or 1.8% below year‐to‐date budgeted expenditures. See below for summary of unfavorable items for general
governmental departments.
Administrative Services Department (Finance and City Clerk) is over the year‐to‐date budget by $7k or 0.3%. This is due to
the spending patterns of the 1st, 2nd, and 3rd Quarter of 2012 compared to 2010 and 2011. The year‐to‐date budget should
even out later in the year.
Fire and Emergency Services Department is over the year‐to‐date budget by $40k or 0.2%. This is mainly due to over
spending on salaries/benefits ($74k), supplies ($92k) and intergovernmental ($104k) and under spending on professional
services ($166k) and capital ($60k).
Page 9 of 36
Monthly Financial Report November 2012
ENTERPRISE FUNDS
The table below gives an analysis of all City Enterprise funds. Displayed are the year‐to‐date revenues and expenditures for
each enterprise. Included in each fund are the capital revenues and expenditures.
Airport Golf Course Solid Waste
Utility Water Utility Wastewater
Utility
Surface
Water
Utility
Metro
REVENUES:
Licenses and permits ‐ ‐ ‐ ‐ 40,710 40,693 ‐
Grants / intergovernmental 452,263 5,278 107,838 75,060 2,527 694,738 ‐
Charges for services 112,678 1,720,553 13,791,493 13,693,859 7,810,988 7,233,889 12,556,152
Interdepartmental services ‐ ‐ 5,060 338,535 185,526 513,785 ‐
Fines and penalties ‐ ‐ ‐ ‐ ‐ ‐ ‐
Rents, leases, and misc fees 2,095,725 344,833 74,093 124,570 ‐ ‐ ‐
Interest and other misc 7,959 4,328 14,568 387,073 785,237 361,825 4,321
TOTAL REVENUES 2,668,625 2,074,992 13,993,052 14,619,097 8,824,988 8,844,930 12,560,473
EXPENSES:
Utility billing ‐ ‐ 99,960 89,962 71,672 108,613 ‐
Utility systems ‐ ‐ 13,032,872 2,776,950 2,360,323 2,045,400 ‐
Utility maintenance ‐ ‐ 267,156 4,345,266 1,148,730 1,646,011 11,850,371
Transportation 1,230,928 ‐ ‐ ‐ ‐ ‐ ‐
Golf ‐ 1,644,968 ‐ ‐ ‐ ‐ ‐
TOTAL EXPENSES 1,230,928 1,644,968 13,399,988 7,212,178 3,580,725 3,800,024 11,850,371
AMOUNT AVAILABLE FOR DEBT SERVICE 1,437,697 430,024 593,064 7,406,919 5,244,263 5,044,906 710,102
DEBT SERVICE:
Principal 94,888 ‐ ‐ 1,093,925 741,076 144,290 ‐
Interest 10,316 ‐ ‐ 429,917 218,879 183,298 ‐
TOTAL DEBT SERVICE 105,204 ‐ ‐ 1,523,842 959,955 327,588 ‐
CAPITAL PROJECTS 634,234 36,961 ‐ 2,649,912 1,947,644 2,300,879 ‐
TRANSFERS IN/(OUT)(63,149) ‐ ‐ ‐ (10,094) ‐ ‐
CHANGE IN FUND BALANCE 635,110 393,063 593,064 3,233,165 2,326,570 2,416,439 710,102
BEGINNING FUND BALANCE, Jan 1 2,084,710 615,488 1,734,734 7,642,506 1,209,356 4,210,599 1,077,805
ENDING FUND BALANCE, Nov 30 2,719,820 1,008,551 2,327,798 10,875,671 3,535,926 6,627,038 1,787,907
Page 10 of 36
Monthly Financial Report November 2012
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 ‐ 92,868 ‐ ‐ ‐ ‐ ‐
Grants / intergovernmental 747 66,501 1,915 ‐ ‐ ‐ 43,637
Charges for services
Equipment rental m&o 2,035,934 1,940,198 ‐ ‐ ‐ ‐ ‐
Telecommunications ‐ 170,880 ‐ ‐ ‐ ‐ ‐
Print and mail ‐ 97,802 ‐ 364,064 ‐ ‐ ‐
Communications ‐ 3,500 ‐ 560,832 ‐ ‐ ‐
Facilities ‐ ‐ 3,825,720 ‐ ‐ ‐ ‐
Data cards and cell phones ‐ 137,633 ‐ ‐ ‐ ‐ ‐
IT service contracts ‐ 289,776 ‐ ‐ ‐ ‐ ‐
Geographical information systems ‐ 180,430 ‐ ‐ ‐ ‐ ‐
Interest and other misc 14,098 6,683 1,923 653 20,720 24,211 19,133
Internal service fund misc:
Vehicle / equipment capital recovery 879,554 864,230 ‐ ‐ ‐ ‐ ‐
Insurance premiums ‐ ‐ ‐ ‐ 1,433,837 ‐ ‐
Worker's comp/unemployment ‐ ‐ ‐ ‐ 1,284,441 ‐ ‐
Benefit premiums ‐ ‐ ‐ ‐ ‐ 10,041,023 2,023,733
Other misc 916 201 10,165 126 199 624,752 ‐
Capital contributions ‐ ‐ ‐ ‐ ‐ ‐ ‐
Disposal of capital assets 1,000 ‐ ‐ ‐ ‐ ‐ ‐
Insurance recoveries ‐ ‐ ‐ ‐ 61,729 9,639 139
TOTAL REVENUES 2,932,249 3,850,702 3,839,723 925,675 2,800,926 10,699,625 2,086,642
EXPENSES:
Communications 424,959
Equipment rental 2,267,340
Facilities 3,125,407
Healthcare 10,165,814
Information technology 3,008,475
Pri nt and mail 341,477
Retiree healthcare 1,121,322
Risk management
Risk management 1,227,591
Unemployment 111,746
Worker's compensation 1,171,340
TOTAL EXPENSES 2,267,340 3,008,475 3,125,407 766,436 2,510,677 10,165,814 1,121,322
AMOUNT AVAILABLE FOR CAPITAL 664,909 842,227 714,316 159,239 290,249 533,811 965,320
CAPITAL PROJECTS 1,985,856 1,040,681 179,197 ‐ ‐ ‐ ‐
TRANSFERS IN 73,243 8,000 37,782 ‐ ‐ ‐ ‐
TRANSFERS (OUT)(65,000) ‐ ‐ ‐ (204,000) ‐ ‐
CHANGE IN FUND BALANCE (1,312,704) (190,454) 572,901 159,239 86,249 533,811 965,320
BEGINNING FUND BALANCE, Jan 1 4,774,376 2,181,743 300,238 141,120 6,620,437 7,133,996 5,479,399
ENDING FUND BALANCE, Nov 30 3,461,672 1,991,289 873,139 300,359 6,706,686 7,667,807 6,444,719
Page 11 of 36
Monthly Financial Report November 2012
FUND BALANCE
Page 13 shows the ending fund balance as of November 2012. 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 November, the City has $21.7 million reported in the combined general governmental fund balance of the
current year’s operating budget, which is approximately 21% of budgeted operating expenditures. This is an increase of
$10.7 million from the year’s beginning balance. November’s ending fund balance is over the anticipated General
Governmental Fund Balance of $18.5 million by $3.2 million or 17.4%. Although the ending fund balance is above
projections, it is consistent with the prior years’ trends since the City has receipted the second half of 2012 property taxes.
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 November 2012
City of Renton
All Funds ‐ Revenue, Expenditures and Fund Balances
Cash Basis through November 30, 2012
Funds
Balance
01/01/2012
Budgeted
Revenue
Revenue
11/30/12
Total Funds
Available
Budgeted
Expenditure
Expenditure
11/30/12
Ending
Balance
GENERAL GOVERNMENT FUNDS:11,057,551 106,024,365 97,472,642 108,530,193 106,538,621 86,791,207 21,738,986
000 General 6,934,747 75,044,862 70,082,275 77,017,022 76,149,500 66,102,572 10,914,449
001 Community Services 1,413,050 11,302,259 10,538,703 11,951,753 11,126,074 9,675,747 2,276,006
003 Street 1,264,341 8,953,479 8,253,658 9,517,999 8,492,917 7,455,304 2,062,695
004 Community Dev Block Grant 8,339 305,961 291,908 300,247 303,281 262,673 37,574
005 Museum 52,620 216,220 216,621 269,241 213,533 199,085 70,156
006 Library 48,603 230,000 230,000 278,603 278,603 276,106 2,497
009 Farmers Market 87,437 75,500 75,837 163,274 78,629 67,348 95,926
010 Fire Memorial 1,953 ‐ (1,952) 1 ‐ ‐ 1
011 Fire Health & Wellness 36,858 25,000 23,130 59,988 25,000 4,772 55,215
031 Pa rk Memorial 177,758 ‐ 572 178,330 ‐ ‐ 178,330
201 Ltd GO Bonds Gen Govt Debt 591,257 1,982,075 1,986,298 2,577,555 1,982,075 149,359 2,428,196
215 Gen Govt Misc Debt Service 440,588 7,889,009 5,775,593 6,216,181 7,889,009 2,598,240 3,617,940
SPECIAL REVENUE FUNDS:
102 Arterial Street 158,974 600,000 555,709 714,683 600,000 600,000 114,683
108 Leased City Properties 488,500 844,049 537,718 1,026,218 749,232 516,122 510,096
110 Hotel Motel 243,556 265,000 275,906 519,462 442,050 413,511 105,951
118 Reserve for Paths & Trails 3,314 ‐ ‐ 3,314 3,314 3,315 (1)
125 1% For Art 121,686 32,813 1,187 122,873 50,000 13,818 109,055
127 Cable Communication 185,968 85,000 91,436 277,404 235,674 10,046 267,358
135 Springbrook Wetlands Bank 663,556 ‐ 2,135 665,691 ‐ ‐ 665,691
CAPITAL PROJECT FUNDS (CIP):
303 Community Dev Mitigation 1,475,050 60,000 64,789 1,539,839 400,000 ‐ 1,539,839
304 Fire Mitigation 1,492,674 263,602 241,405 1,734,079 936,926 536,926 1,197,153
305 Transportation Mitigation 657,187 30,000 85,684 742,871 450,000 450,000 292,871
316 Municipal Facilities CIP 3,745,546 3,054,112 1,289,945 5,035,491 6,453,264 1,426,441 3,609,050
317 Transportation CIP 3,422,219 23,568,336 15,563,170 18,985,389 26,945,419 19,423,900 (438,511)
318 So Lake WA Infrastructure Proj 52,792 ‐ 169 52,961 52,024 833 52,128
326 Housing Opportunity 130,546 ‐ 3,732 134,278 125,000 50,000 84,278
336 New Library Development 19,196,447 568,588 270,035 19,466,482 19,221,447 623,136 18,843,346
ENTERPRISE FUNDS:
402 Airport 494,718 1,299,150 1,343,187 1,837,905 1,307,780 1,236,284 601,621
403 Solid Waste Utility 1,734,734 15,021,811 13,993,052 15,727,786 15,486,501 13,399,989 2,327,797
404 Golf Course 379,997 2,483,545 2,074,181 2,454,178 2,492,204 1,694,968 759,210
422 Airport Capital 1,589,992 7,411,719 1,325,438 2,915,430 8,757,267 797,231 2,118,199
424 Golf Course Capital 235,491 50,000 50,811 286,302 145,000 36,961 249,341
INTERNAL SERVICE FUNDS:
501 Equipment Repair/Replacement 4,774,376 3,190,893 3,005,493 7,779,869 4,024,127 4,318,197 3,461,672
502 Insurance 6,620,437 3,187,593 2,800,926 9,421,363 4,850,146 2,714,677 6,706,686
503 Information Services 2,181,743 4,126,173 3,858,701 6,040,444 5,959,686 4,049,156 1,991,288
504 Facilities 300,238 4,372,734 3,877,505 4,177,743 4,389,399 3,304,604 873,139
505 Communications 141,120 974,307 925,675 1,066,795 991,015 766,436 300,359
512 Insurance, Healthcare 7,133,996 12,014,224 10,699,624 17,833,620 11,996,739 10,165,814 7,667,806
522 Insurance, Leoff1 Retirees HC 5,479,399 2,235,684 2,086,642 7,566,041 2,262,573 1,121,322 6,444,719
FIDUCIARY FUNDS:
611 Firemen's Pension 4,377,696 300,000 404,260 4,781,956 550,475 209,166 4,572,790
Funds
Balance
01/01/2012
Budgeted
Revenue
Revenue
11/30/12
Total Funds
Available
Budgeted
Expenditure
Expenditure
11/30/12
Ending
Balance
ENTERPRISE FUNDS: COMBINED UTILITIES 14,140,266 50,050,145 44,849,488 58,989,754 53,712,104 36,163,211 22,826,543
405 Water Utility 3,993,415 11,106,460 11,821,927 15,815,342 11,226,288 8,736,019 7,079,323
406 Waste Water Utility 685,178 5,888,574 5,819,321 6,504,499 5,341,148 4,550,774 1,953,725
407 Surface Water Utility 1,625,915 5,637,563 5,754,514 7,380,429 5,696,281 4,140,254 3,240,175
416 King County Metro 1,077,805 13,209,387 12,560,473 13,638,278 13,209,387 11,850,371 1,787,907
425 Water Utility Construction 3,633,246 5,369,215 2,797,119 6,430,365 7,085,000 2,649,912 3,780,453
426 Waste Water Construction 524,178 3,310,000 3,005,667 3,529,845 3,710,000 1,947,644 1,582,201
427 Surface Water Construction 2,584,684 5,528,946 3,090,416 5,675,100 7,444,000 2,288,237 3,386,863
471 Waterworks Rate Stabilization 15,845 ‐ 51 15,896 ‐ ‐ 15,896
Note: Waterworks Utility Funds are managed as a system and are designated by the dotted lines.
Page 13 of 36
City of Renton
General Government Financial Position
2012 Budget Year
General Government Summary
Revenues Expenditures
$ Difference
over (under)
w/beginning
balance
11,057,551
January 5,169,136 6,667,414 (1,498,278) 9,559,274
February 10,715,775 15,284,017 (4,568,242) 6,489,309
March 16,218,914 22,281,867 (6,062,953) 4,994,598
April 32,180,045 31,242,984 937,061 11,994,612
May 46,051,336 38,877,391 7,173,945 18,231,496
June 51,288,412 47,714,859 3,573,553 14,631,104
July 57,687,119 55,549,735 2,137,384 13,194,935
August 63,335,690 63,356,444 (20,754) 11,036,797
September 68,598,474 71,327,565 (2,729,091) 8,328,460
October 84,628,784 79,209,986 5,418,798 16,476,349
November 97,472,642 86,791,207 10,681,435 21,738,986
December
2,000,000
3,000,000
4,000,000
5,000,000
6,000,000
7,000,000
8,000,000
9,000,000
60,000,000
70,000,000
80,000,000
90,000,000
100,000,000
Change in Fund
Balance
Rev/Exp Revenues
Expenditures
Change in Fund Balance
(9,000,000)
(8,000,000)
(7,000,000)
(6,000,000)
(5,000,000)
(4,000,000)
(3,000,000)
(2,000,000)
(1,000,000)
‐
1,000,000
‐
10,000,000
20,000,000
30,000,000
40,000,000
50,000,000
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Page 14 of 36
City of Renton
Monthly Revenue Analysis ‐ 2012 Budget Year
General
Government Budget
YTD
Actual
Annual %
over (under)
Jan 5,209,553 5,169,136 ‐0.78%
Feb 10,712,238 10,715,775 0.03%
Mar 16,297,589 16,218,914 ‐0.48%
Apr 29,900,592 32,180,045 7.62%
May 45,545,024 46,051,336 1.11%
Jun 50,563,464 51,288,412 1.43%
Jul 56,379,193 57,687,119 2.32%
Aug 61,960,828 63,335,690 2.22%
Sep 67,058,571 68,598,474 2.30%
Oct 80,083,262 84,628,784 5.68%
Nov 95,830,208 97,472,642 1.71%
Dec 106,024,365
Percent of budget 91.93%
YTD Annual %
$‐
$10
$20
$30
$40
$50
$60
$70
$80
$90
$100
$110
Millions
Total Revenue
General Government
Budget
Actual
Last Year
$36
Millions Property Tax
Property Tax Budget Actual over (under)
Jan 255,343 149,112 ‐41.60%
Feb 572,253 234,689 ‐58.99%
Mar 1,247,748 1,115,068 ‐10.63%
Apr 9,024,212 11,127,076 23.30%
May 17,133,271 17,258,526 0.73%
Jun 17,231,849 17,301,729 0.41%
Jul 17,337,932 17,648,446 1.79%
Aug 17,422,058 17,697,303 1.58%
Sep 17,843,166 18,243,056 2.24%
Oct 24,750,333 27,977,440 13.04%
Nov 32,724,934 33,101,164 1.15%
Dec 32,896,746
Percent of budget 100.62%
$‐
$3
$6
$9
$12
$15
$18
$21
$24
$27
$30
$33
$36
Budget
Actual
Last Year
Page 15 of 36
City of Renton
Monthly Revenue Analysis ‐ 2012 Budget Year
Sales Tax Budget
YTD
Actual
Annual %
over (under)
Jan 1,552,198 1,493,022 ‐3.81%
Feb 3,549,657 3,645,170 2.69%
Mar 5,080,681 5,103,858 0.46%
Apr 6,625,498 6,637,123 0.18%
May 8,384,823 8,425,848 0.49%
Jun 9,969,656 10,083,315 1.14%
Jul 11,554,021 11,766,784 1.84%
Aug 13,258,722 13,538,469 2.11%
Sep 14,907,971 15,185,575 1.86%
Oct 16,615,185 17,043,460 2.58%
Nov 18,322,808 18,955,075 3.45%
Dec 19,965,647
Percent of budget 94.94%
Note: Excludes CJ Sales Tax and Natural Gas Use Tax.
YTD Annual %
$‐
$3
$6
$9
$12
$15
$18
$21
Millions Sales Tax
Budget
Actual
Last Year
$16
Millions Utility Tax
Utility Tax Budget Actual over (under)
Jan 1,423,448 1,469,178 3.21%
Feb 2,936,432 2,981,716 1.54%
Mar 4,482,830 4,420,232 ‐1.40%
Apr 5,916,252 5,804,472 ‐1.89%
May 7,266,402 7,198,580 ‐0.93%
Jun 8,522,519 8,307,168 ‐2.53%
Jul 9,762,636 9,648,107 ‐1.17%
Aug 10,979,816 10,801,830 ‐1.62%
Sep 12,205,670 12,102,988 ‐0.84%
Oct 13,458,742 13,229,760 ‐1.70%
Nov 14,740,056 14,426,692 ‐2.13%
Dec 16,155,203
Percent of budget 89.30%
Note: Includes Natural Gas Use Tax.
$0
$2
$4
$6
$8
$10
$12
$14
$16
Budget
Actual
Last Year
Page 16 of 36
City of Renton
Monthly Revenue Analysis ‐ 2012 Budget Year
Licenses &
Permits Budget
YTD
Actual
Annual %
over (under)
Jan 179,209 218,837 22.11%
Feb 303,772 388,194 27.79%
Mar 495,614 595,917 20.24%
Apr 721,466 863,503 19.69%
May 883,222 1,050,245 18.91%
Jun 1,025,529 1,249,175 21.81%
Jul 1,257,216 1,547,600 23.10%
Aug 1,551,253 1,839,226 18.56%
Sep 1,768,424 1,994,570 12.79%
Oct 2,019,748 2,376,216 17.65%
Nov 2,211,675 2,584,857 16.87%
Dec 2,403,331
Percent of budget 107.55%
Note: Includes Fund 318.
YTD Annual % Millions
Intergovernmental
$‐
$0.30
$0.60
$0.90
$1.20
$1.50
$1.80
$2.10
$2.40
$2.70
Millions Licenses & Permits
Budget
Actual
Last Year
Intergovt'l Budget Actual over (under)
Jan 401,119 462,865 15.39%
Feb 915,032 1,007,561 10.11%
Mar 1,358,397 1,389,752 2.31%
Apr 2,396,197 2,492,260 4.01%
May 5,070,068 5,142,362 1.43%
Jun 5,676,671 5,924,916 4.37%
Jul 6,433,449 6,681,592 3.86%
Aug 7,404,099 7,648,504 3.30%
Sep 7,833,634 8,187,190 4.51%
Oct 9,106,090 9,396,556 3.19%
Nov 11,645,400 11,953,693 2.65%
Dec 12,273,979
Percent of budget 97.39%
Note: Includes CJ Sales Tax.
$‐
$1
$2
$3
$4
$5
$6
$7
$8
$9
$10
$11
$12
$13
$14
Millions
Budget
Actual
Last Year
Page 17 of 36
City of Renton
Monthly Revenue Analysis ‐ 2012 Budget Year
Charges for
Services Budget
YTD
Actual
Annual %
over (under)
Jan 433,277 374,426 ‐13.58%
Feb 910,731 788,975 ‐13.37%
Mar 1,454,233 1,308,436 ‐10.03%
Apr 2,045,308 1,886,483 ‐7.77%
May 2,644,071 2,493,978 ‐5.68%
Jun 3,207,813 3,078,647 ‐4.03%
Jul 3,864,078 3,747,920 ‐3.01%
Aug 4,567,070 4,514,034 ‐1.16%
Sep 5,140,570 5,001,139 ‐2.71%
Oct 5,652,987 5,635,383 ‐0.31%
Nov 6,159,124 6,131,190 ‐0.45%
Dec 6,691,060
Percent of budget 91.63%
Fines & YTD Annual %
$‐
$1
$2
$3
$4
$5
$6
$7
Millions Charges for Services
Budget
Actual
Last Year
Millions Fines & Forfeits
Forfeits Budget Actual over (under)
Jan 169,834 183,478 8.03%
Feb 432,054 424,528 ‐1.74%
Mar 746,225 668,907 ‐10.36%
Apr 1,034,478 947,879 ‐8.37%
May 1,290,304 1,254,303 ‐2.79%
Jun 1,551,967 1,572,394 1.32%
Jul 1,801,437 1,846,637 2.51%
Aug 1,991,172 2,014,824 1.19%
Sep 2,177,018 2,193,991 0.78%
Oct 2,562,900 2,472,856 ‐3.51%
Nov 2,862,140 2,720,463 ‐4.95%
Dec 3,214,156
Percent of budget 84.64%
$‐
$0.50
$1.00
$1.50
$2.00
$2.50
$3.00
$3.50
Budget
Actual
Last Year
Page 18 of 36
City of Renton
Monthly Revenue Analysis ‐ 2012 Budget Year
Other Taxes Budget
YTD
Actual
Annual %
over (under)
Jan 666,666 612,068 ‐8.19%
Feb 916,622 954,879 4.17%
Mar 1,172,735 1,216,856 3.76%
Apr 1,816,675 1,919,894 5.68%
May 2,331,776 2,445,811 4.89%
Jun 2,722,283 2,895,320 6.36%
Jul 3,593,128 3,811,124 6.07%
Aug 3,910,925 4,148,648 6.08%
Sep 4,215,318 4,452,726 5.63%
Oct 4,886,723 5,166,341 5.72%
Nov 5,320,416 5,458,596 2.60%
Dec 6,249,909
Percent of budget 87.34%
YTD Annual % Millions Miscellaneous
$0
$1
$2
$3
$4
$5
$6
$7
Millions Other Taxes
Budget
Actual
Last Year
Misc Budget Actual over (under)
Jan 128,460 206,151 60.48%
Feb 175,594 289,974 65.14%
Mar 253,631 394,394 55.50%
Apr 311,709 492,558 58.02%
May 397,175 637,771 60.58%
Jun 511,035 731,604 43.16%
Jul 630,304 843,920 33.89%
Aug 730,170 987,309 35.22%
Sep 806,457 1,076,897 33.53%
Oct 868,288 1,168,505 34.58%
Nov 935,954 1,233,209 31.76%
Dec 1,100,449
Percent of budget 112.06%
$‐
$0.20
$0.40
$0.60
$0.80
$1.00
$1.20
$1.40 Budget
Actual
Last Year
Page 19 of 36
City of Renton
Monthly Revenue Analysis ‐ 2012 Budget Year
Other
Financing Budget
YTD
Actual
Annual %
over (under)
Jan ‐ ‐ N/A
Feb 90 90 0.00%
Mar 5,494 5,494 0.00%
Apr 8,797 8,797 0.00%
May 143,912 143,912 0.00%
Jun 144,143 144,143 0.00%
Jul 144,991 144,991 0.00%
Aug 145,543 145,543 0.00%
Sep 160,342 160,342 0.00%
Oct 162,266 162,266 0.00%
Nov 907,701 907,701 0.00%
Dec 5,073,886
Percent of budget 17.89%
YTD Annual % Millions
Real Estate Excise Tax
$‐
$2.00
$4.00
$6.00
$8.00
$10.00
$12.00
Millions Other Financing Sources
Budget
Actual
Last Year
REET Budget Actual over (under)
Jan 216,033 77,631 ‐64.07%
Feb 349,040 291,768 ‐16.41%
Mar 538,117 495,352 ‐7.95%
Apr 686,235 690,220 0.58%
May 896,400 943,666 5.27%
Jun 1,201,326 1,290,845 7.45%
Jul 1,358,189 1,468,685 8.14%
Aug 1,571,039 1,691,618 7.68%
Sep 1,845,604 1,864,830 1.04%
Oct 2,098,722 2,190,857 4.39%
Nov 2,546,922 2,560,980 0.55%
Dec 2,767,521
Percent of budget 92.54%
$‐
$0.50
$1.00
$1.50
$2.00
$2.50
$3.00
Millions
Budget
Actual
Last Year
Page 20 of 36
City of Renton
Monthly Expenditure Analysis ‐ 2012 Budget Year
General
Government Budget
YTD
Actual
Annual %
over (under)
Jan 7,266,672 6,667,414 ‐8.25%
Feb 15,690,450 15,284,017 ‐2.59%
Mar 23,002,079 22,281,867 ‐3.13%
Apr 31,750,255 31,242,984 ‐1.60%
May 39,084,152 38,877,391 ‐0.53%
Jun 48,373,538 47,714,859 ‐1.36%
Jul 56,187,336 55,549,735 ‐1.13%
Aug 64,428,849 63,356,444 ‐1.66%
Sep 72,663,664 71,327,565 ‐1.84%
Oct 80,765,734 79,209,986 ‐1.93%
Nov 88,363,045 86,791,207 ‐1.78%
Dec 106,538,621
Percent of budget expended 81.46%
YTD Annual %
$‐
$10
$20
$30
$40
$50
$60
$70
$80
$90
$100
$110
Millions
Total Expenditures
General Government
Budget
Actual
Last Year
$300 000
Legislative
Legislative Budget Actual over (under)
Jan 23,052 21,995 ‐4.59%
Feb 47,250 45,516 ‐3.67%
Mar 71,106 68,811 ‐3.23%
Apr 94,952 91,998 ‐3.11%
May 118,463 115,568 ‐2.44%
Jun 142,332 138,621 ‐2.61%
Jul 166,209 161,791 ‐2.66%
Aug 189,913 184,727 ‐2.73%
Sep 213,507 207,888 ‐2.63%
Oct 235,771 231,423 ‐1.84%
Nov 259,647 254,552 ‐1.96%
Dec 284,087
Percent of budget expended 89.60%
$‐
$50,000
$100,000
$150,000
$200,000
$250,000
$300,000
Budget
Actual
Last Year
Page 21 of 36
City of Renton
Monthly Expenditure Analysis ‐ 2012 Budget Year
Executive Budget
YTD
Actual
Annual %
over (under)
Jan 115,566 75,851 ‐34.37%
Feb 234,736 193,315 ‐17.65%
Mar 352,251 312,540 ‐11.27%
Apr 476,167 427,410 ‐10.24%
May 597,036 545,056 ‐8.71%
Jun 714,061 660,020 ‐7.57%
Jul 838,503 775,729 ‐7.49%
Aug 949,052 892,376 ‐5.97%
Sep 1,083,306 1,001,508 ‐7.55%
Oct 1,204,110 1,113,782 ‐7.50%
Nov 1,318,583 1,231,423 ‐6.61%
Dec 1,468,694
Percent of budget expended 83.84%
Hearing YTD Annual %
$‐
$0.30
$0.60
$0.90
$1.20
$1.50
$1.80
Millions Executive
Budget
Actual
Last Year
$80 000
Hearing Examiner
Examiner Budget Actual over (under)
Jan 8,732 1,731 ‐80.18%
Feb 15,470 3,485 ‐77.47%
Mar 20,317 16,343 ‐19.56%
Apr 25,330 21,235 ‐16.17%
May 30,687 27,252 ‐11.19%
Jun 36,506 30,050 ‐17.68%
Jul 42,088 33,646 ‐20.06%
Aug 47,349 41,426 ‐12.51%
Sep 53,136 45,121 ‐15.08%
Oct 58,229 47,687 ‐18.10%
Nov 65,292 53,845 ‐17.53%
Dec 71,025
Percent of budget expended 75.81%
$‐
$10,000
$20,000
$30,000
$40,000
$50,000
$60,000
$70,000
$80,000
Budget
Actual
Last Year
Page 22 of 36
City of Renton
Monthly Expenditure Analysis ‐ 2012 Budget Year
City Attorney Budget
YTD
Actual
Annual %
over (under)
Jan 141,234 136,926 ‐3.05%
Feb 291,116 277,093 ‐4.82%
Mar 436,269 419,219 ‐3.91%
Apr 581,948 563,552 ‐3.16%
May 725,684 700,106 ‐3.52%
Jun 871,642 844,781 ‐3.08%
Jul 1,016,111 982,591 ‐3.30%
Aug 1,160,451 1,122,280 ‐3.29%
Sep 1,304,888 1,261,497 ‐3.33%
Oct 1,440,264 1,426,459 ‐0.96%
Nov 1,582,804 1,563,092 ‐1.25%
Dec 1,733,686
Percent of budget expended 90.16%
YTD Annual % $2 20
Millions Court Services
$‐
$0.40
$0.80
$1.20
$1.60
$2.00
Millions City Attorney
Budget
Actual
Last Year
Court Services Budget Actual over (under)
Jan 174,964 166,993 ‐4.56%
Feb 344,821 334,252 ‐3.06%
Mar 521,572 504,905 ‐3.20%
Apr 698,400 674,406 ‐3.44%
May 871,345 860,008 ‐1.30%
Jun 1,069,741 1,045,629 ‐2.25%
Jul 1,252,611 1,225,120 ‐2.19%
Aug 1,433,492 1,396,118 ‐2.61%
Sep 1,617,436 1,559,621 ‐3.57%
Oct 1,784,453 1,728,593 ‐3.13%
Nov 1,963,784 1,901,324 ‐3.18%
Dec 2,155,819
Percent of budget expended 88.19%
$‐
$0.20
$0.40
$0.60
$0.80
$1.00
$1.20
$1.40
$1.60
$1.80
$2.00
$2.20
Budget
Actual
Last Year
Page 23 of 36
City of Renton
Monthly Expenditure Analysis ‐ 2012 Budget Year
CED Admin Budget
YTD
Actual
Annual %
over (under)
Jan 77,315 79,562 2.91%
Feb 159,341 159,405 0.04%
Mar 239,050 239,249 0.08%
Apr 318,760 322,177 1.07%
May 398,469 399,357 0.22%
Jun 478,179 476,538 ‐0.34%
Jul 557,987 553,718 ‐0.77%
Aug 637,894 630,909 ‐1.09%
Sep 717,523 708,111 ‐1.31%
Oct 794,989 784,676 ‐1.30%
Nov 873,950 861,611 ‐1.41%
Dec 952,912
Percent of budget expended 90.42%
Development YTD Annual %
$‐
$0.10
$0.20
$0.30
$0.40
$0.50
$0.60
$0.70
$0.80
$0.90
$1.00
Millions
Community & Economic
Development Admin
Budget
Actual
Last Year
Millions
Development Services
Services Budget Actual over (under)
Jan 308,456 239,412 ‐22.38%
Feb 598,589 477,272 ‐20.27%
Mar 886,050 715,648 ‐19.23%
Apr 1,171,262 959,516 ‐18.08%
May 1,475,822 1,208,953 ‐18.08%
Jun 1,747,643 1,465,542 ‐16.14%
Jul 2,032,811 1,725,325 ‐15.13%
Aug 2,290,533 2,001,005 ‐12.64%
Sep 2,593,698 2,272,559 ‐12.38%
Oct 2,863,779 2,554,601 ‐10.80%
Nov 3,141,884 2,823,550 ‐10.13%
Dec 3,434,929
Percent of budget expended 82.20%
$‐
$0.50
$1.00
$1.50
$2.00
$2.50
$3.00
$3.50
Millions
Budget
Actual
Last Year
Page 24 of 36
City of Renton
Monthly Expenditure Analysis ‐ 2012 Budget Year
Economic
Development Budget
YTD
Actual
Annual %
over (under)
Jan 55,325 46,930 ‐15.17%
Feb 116,628 105,987 ‐9.12%
Mar 165,919 149,151 ‐10.11%
Apr 219,033 188,315 ‐14.02%
May 279,988 229,561 ‐18.01%
Jun 329,175 271,554 ‐17.50%
Jul 385,014 311,183 ‐19.18%
Aug 435,470 355,162 ‐18.44%
Sep 500,610 394,501 ‐21.20%
Oct 556,327 434,361 ‐21.92%
Nov 614,688 490,160 ‐20.26%
Dec 676,136
Percent of budget expended 72.49%
YTD Annual %
$‐
$0.10
$0.20
$0.30
$0.40
$0.50
$0.60
$0.70
Millions
Economic Development
Budget
Actual
Last Year
Millions
Planning
Planning Budget Actual over (under)
Jan 111,447 121,734 9.23%
Feb 242,600 245,831 1.33%
Mar 344,794 377,067 9.36%
Apr 461,325 493,399 6.95%
May 568,088 616,222 8.47%
Jun 719,930 738,072 2.52%
Jul 836,707 858,754 2.63%
Aug 990,965 995,013 0.41%
Sep 1,160,034 1,121,575 ‐3.32%
Oct 1,277,610 1,231,243 ‐3.63%
Nov 1,377,062 1,347,651 ‐2.14%
Dec 1,516,719
Percent of budget expended 88.85%
$‐
$0.20
$0.40
$0.60
$0.80
$1.00
$1.20
$1.40
$1.60
Millions
Budget
Actual
Last Year
Page 25 of 36
City of Renton
Monthly Expenditure Analysis ‐ 2012 Budget Year
Finance Budget
YTD
Actual
Annual %
over (under)
Jan 149,357 152,157 1.87%
Feb 299,349 312,270 4.32%
Mar 452,396 476,115 5.24%
Apr 602,531 635,592 5.49%
May 766,386 813,293 6.12%
Jun 922,974 995,643 7.87%
Jul 1,070,091 1,172,818 9.60%
Aug 1,235,336 1,348,224 9.14%
Sep 1,414,702 1,487,821 5.17%
Oct 1,554,314 1,627,884 4.73%
Nov 1,696,851 1,768,328 4.21%
Dec 2,161,836
Percent of budget expended 81.80%
YTD Annual % $1 20
Millions City Clerk
$‐
$0.40
$0.80
$1.20
$1.60
$2.00
$2.40
Millions Finance
Budget
Actual
Last Year
City Clerk Budget Actual over (under)
Jan 64,108 51,770 ‐19.25%
Feb 125,530 111,173 ‐11.44%
Mar 197,338 170,116 ‐13.79%
Apr 357,645 226,333 ‐36.72%
May 485,052 283,861 ‐41.48%
Jun 548,623 343,072 ‐37.47%
Jul 613,605 611,198 ‐0.39%
Aug 677,277 677,021 ‐0.04%
Sep 742,449 739,885 ‐0.35%
Oct 863,525 802,631 ‐7.05%
Nov 930,561 866,205 ‐6.92%
Dec 1,002,105
Percent of budget expended 86.44%
$‐
$0.20
$0.40
$0.60
$0.80
$1.00
$1.20
Budget
Actual
Last Year
Page 26 of 36
City of Renton
Monthly Expenditure Analysis ‐ 2012 Budget Year
Human
Resources Budget
YTD
Actual
Annual %
over (under)
Jan 85,534 69,265 ‐19.02%
Feb 160,543 145,615 ‐9.30%
Mar 235,703 227,236 ‐3.59%
Apr 306,383 299,810 ‐2.15%
May 377,353 372,608 ‐1.26%
Jun 458,275 459,361 0.24%
Jul 539,353 540,433 0.20%
Aug 617,162 625,233 1.31%
Sep 695,139 700,143 0.72%
Oct 771,451 776,279 0.63%
Nov 853,247 850,165 ‐0.36%
Dec 946,956
Percent of budget expended 89.78%
YTD Annual %
$‐
$0.20
$0.40
$0.60
$0.80
$1.00
Millions Human Resources
Budget
Actual
Last Year
$33
Millions Police
Police Budget Actual over (under)
Jan 2,247,759 1,905,016 ‐15.25%
Feb 4,466,855 4,392,199 ‐1.67%
Mar 6,695,875 6,307,019 ‐5.81%
Apr 9,540,664 9,480,882 ‐0.63%
May 11,609,004 11,693,746 0.73%
Jun 14,358,981 14,209,937 ‐1.04%
Jul 16,547,749 16,456,908 ‐0.55%
Aug 18,883,699 18,597,181 ‐1.52%
Sep 21,553,177 21,374,890 ‐0.83%
Oct 23,813,749 23,553,267 ‐1.09%
Nov 26,189,457 26,017,797 ‐0.66%
Dec 29,530,506
Percent of budget expended 88.10%
$‐
$3
$6
$9
$12
$15
$18
$21
$24
$27
$30
$33
Budget
Actual
Last Year
Page 27 of 36
City of Renton
Monthly Expenditure Analysis ‐ 2012 Budget Year
Fire &
Emergency
Services Budget
YTD
Actual
Annual %
over (under)
Jan 1,929,637 1,891,121 ‐2.00%
Feb 4,586,051 4,615,089 0.63%
Mar 6,487,980 6,539,657 0.80%
Apr 8,359,331 8,435,070 0.91%
May 10,326,040 10,741,041 4.02%
Jun 12,255,187 12,628,919 3.05%
Jul 14,232,821 14,471,622 1.68%
Aug 16,280,567 16,441,012 0.99%
Sep 18,274,307 18,352,396 0.43%
Oct 20,145,192 20,229,262 0.42%
Nov 22,144,674 22,184,782 0.18%
Dec 24,138,681
Percent of budget expended 91.91%
Community YTD Annual %
$‐
$3
$6
$9
$12
$15
$18
$21
$24
Millions Fire & Emergency Services
Budget
Actual
Last Year
$0 45
Millions Community Services Admin
Services Admin Budget Actual over (under)
Jan 22,705 39,072 72.09%
Feb 69,191 73,790 6.65%
Mar 104,084 108,727 4.46%
Apr 138,770 143,787 3.62%
May 173,424 180,559 4.11%
Jun 208,186 215,856 3.68%
Jul 243,168 250,982 3.21%
Aug 278,693 285,879 2.58%
Sep 315,161 320,209 1.60%
Oct 349,074 354,172 1.46%
Nov 384,584 388,455 1.01%
Dec 421,043
Percent of budget expended 92.26%
$‐
$0.05
$0.10
$0.15
$0.20
$0.25
$0.30
$0.35
$0.40
$0.45
Budget
Actual
Last Year
Page 28 of 36
City of Renton
Monthly Expenditure Analysis ‐ 2012 Budget Year
Parks Budget
YTD
Actual
Annual %
over (under)
Jan 262,517 274,545 4.58%
Feb 559,300 551,290 ‐1.43%
Mar 854,597 862,246 0.89%
Apr 1,171,115 1,179,119 0.68%
May 1,497,885 1,489,760 ‐0.54%
Jun 1,853,057 1,823,313 ‐1.61%
Jul 2,222,702 2,170,674 ‐2.34%
Aug 2,589,857 2,541,158 ‐1.88%
Sep 2,973,223 2,927,216 ‐1.55%
Oct 3,348,621 3,282,805 ‐1.97%
Nov 3,709,562 3,632,323 ‐2.08%
Dec 4,045,762
Percent of budget expended 89.78%
Parks Planning
and Natural YTD Annual %
$‐
$0.50
$1.00
$1.50
$2.00
$2.50
$3.00
$3.50
$4.00
Millions Parks
Budget
Actual
Last Year
$0 70
Millions Parks Planning and Natural Resources
Resources Budget Actual over (under)
Jan 33,341 36,047 8.11%
Feb 79,733 73,127 ‐8.29%
Mar 130,026 124,284 ‐4.42%
Apr 181,424 169,504 ‐6.57%
May 243,305 223,491 ‐8.14%
Jun 302,748 275,550 ‐8.98%
Jul 372,183 319,721 ‐14.10%
Aug 433,495 363,538 ‐16.14%
Sep 494,583 417,421 ‐15.60%
Oct 561,935 471,166 ‐16.15%
Nov 625,369 520,618 ‐16.75%
Dec 685,122
Percent of budget expended 75.99%
$‐
$0.10
$0.20
$0.30
$0.40
$0.50
$0.60
$0.70
Budget
Actual
Last Year
Page 29 of 36
City of Renton
Monthly Expenditure Analysis ‐ 2012 Budget Year
Recreation Budget
YTD
Actual
Annual %
over (under)
Jan 359,441 304,539 ‐15.27%
Feb 719,755 652,057 ‐9.41%
Mar 1,091,168 999,673 ‐8.39%
Apr 1,458,822 1,377,160 ‐5.60%
May 1,839,738 1,750,284 ‐4.86%
Jun 2,245,447 2,133,041 ‐5.01%
Jul 2,856,921 2,707,614 ‐5.23%
Aug 3,525,903 3,346,772 ‐5.08%
Sep 4,078,172 3,831,606 ‐6.05%
Oct 4,458,478 4,203,108 ‐5.73%
Nov 4,852,563 4,567,758 ‐5.87%
Dec 5,276,859
Percent of budget expended 86.56%
Human YTD Annual % $1 40
Millions Human Services
$‐
$1
$2
$3
$4
$5
$6
Millions Recreation
Budget
Actual
Last Year
Services Budget Actual over (under)
Jan 53,571 58,787 9.74%
Feb 115,249 130,666 13.38%
Mar 191,090 266,033 39.22%
Apr 373,425 409,836 9.75%
May 474,159 478,640 0.95%
Jun 539,264 546,207 1.29%
Jul 716,044 682,779 ‐4.65%
Aug 792,431 748,587 ‐5.53%
Sep 859,537 797,375 ‐7.23%
Oct 1,005,515 948,716 ‐5.65%
Nov 1,095,976 1,019,454 ‐6.98%
Dec 1,277,487
Percent of budget expended 79.80%
$‐
$0.20
$0.40
$0.60
$0.80
$1.00
$1.20
$1.40
Budget
Actual
Last Year
Page 30 of 36
City of Renton
Monthly Expenditure Analysis ‐ 2012 Budget Year
Neighborhoods
, Resources,
and Events Budget
YTD
Actual
Annual %
over (under)
Jan 44,479 46,222 3.92%
Feb 88,386 89,449 1.20%
Mar 135,715 144,802 6.70%
Apr 191,514 189,349 ‐1.13%
May 245,758 235,954 ‐3.99%
Jun 329,789 293,480 ‐11.01%
Jul 411,262 369,868 ‐10.07%
Aug 484,411 429,999 ‐11.23%
Sep 548,933 486,854 ‐11.31%
Oct 594,146 541,153 ‐8.92%
Nov 656,233 633,941 ‐3.40%
Dec 775,917
Percent of budget expended 81.70%
YTD Annual % $2 50
Millions Library Fund
$‐
$100,000
$200,000
$300,000
$400,000
$500,000
$600,000
$700,000
$800,000
Neighborhoods, Resources, and Events
Budget
Actual
Last Year
Library Fund Budget Actual over (under)
Jan 2,500 2,500 0.00%
Feb 5,000 5,000 0.00%
Mar 7,500 7,500 0.00%
Apr 58,604 58,604 0.00%
May 61,106 61,106 0.00%
Jun 263,606 263,606 0.00%
Jul 266,106 266,106 0.00%
Aug 268,606 268,606 0.00%
Sep 271,106 271,106 0.00%
Oct 273,606 273,606 0.00%
Nov 276,106 276,106 0.00%
Dec 278,603
Percent of budget expended 99.10%
$‐
$0.50
$1.00
$1.50
$2.00
$2.50
Budget
Actual
Last Year
Page 31 of 36
City of Renton
Monthly Expenditure Analysis ‐ 2012 Budget Year
Museum Fund Budget
YTD
Actual
Annual %
over (under)
Jan 17,252 17,791 3.12%
Feb 34,965 35,736 2.21%
Mar 52,434 53,787 2.58%
Apr 70,241 71,901 2.36%
May 88,071 90,015 2.21%
Jun 106,029 108,238 2.08%
Jul 124,048 126,037 1.60%
Aug 141,990 144,117 1.50%
Sep 160,056 162,485 1.52%
Oct 177,858 180,695 1.59%
Nov 195,702 199,085 1.73%
Dec 213,533
Percent of budget expended 93.23%
Public Works YTD Annual % $0 60
Millions Public Works Admin
$‐
$30,000
$60,000
$90,000
$120,000
$150,000
$180,000
$210,000
Museum Fund
Budget
Actual
Last Year
Admin Budget Actual over (under)
Jan 38,441 39,864 3.70%
Feb 77,369 79,440 2.68%
Mar 116,179 119,164 2.57%
Apr 154,878 158,967 2.64%
May 193,891 197,642 1.93%
Jun 232,725 236,629 1.68%
Jul 271,807 275,725 1.44%
Aug 311,339 315,216 1.25%
Sep 350,878 354,626 1.07%
Oct 388,230 392,554 1.11%
Nov 426,925 430,641 0.87%
Dec 465,889
Percent of budget expended 92.43%
$‐
$0.20
$0.40
$0.60
Budget
Actual
Last Year
Page 32 of 36
City of Renton
Monthly Expenditure Analysis ‐ 2012 Budget Year
Street
Maintenance Budget
YTD
Actual
Annual %
over (under)
Jan 279,287 285,940 2.38%
Feb 611,900 614,685 0.46%
Mar 918,371 935,153 1.83%
Apr 1,215,152 1,217,508 0.19%
May 1,515,424 1,525,151 0.64%
Jun 1,821,797 1,857,066 1.94%
Jul 2,128,792 2,168,603 1.87%
Aug 2,447,569 2,463,011 0.63%
Sep 2,764,011 2,757,612 ‐0.23%
Oct 3,088,569 3,053,814 ‐1.13%
Nov 3,403,987 3,368,565 ‐1.04%
Dec 3,728,945
Percent of budget expended 90.34%
YTD Annual %
$‐
$0.50
$1.00
$1.50
$2.00
$2.50
$3.00
$3.50
$4.00
Millions Street Maintenance
Budget
Actual
Last Year
$5 0
Millions Transportation
Transportation Budget Actual over (under)
Jan 347,406 288,400 ‐16.98%
Feb 740,928 660,477 ‐10.86%
Mar 1,157,753 1,000,881 ‐13.55%
Apr 1,503,626 1,428,601 ‐4.99%
May 1,890,393 1,806,575 ‐4.43%
Jun 2,314,346 2,150,841 ‐7.06%
Jul 2,673,048 2,561,195 ‐4.18%
Aug 3,094,333 2,910,811 ‐5.93%
Sep 3,467,142 3,316,587 ‐4.34%
Oct 3,889,049 3,699,159 ‐4.88%
Nov 4,270,515 4,086,739 ‐4.30%
Dec 4,763,972
Percent of budget expended 85.78%
$0.0
$0.5
$1.0
$1.5
$2.0
$2.5
$3.0
$3.5
$4.0
$4.5
$5.0
Budget
Actual
Last Year
Page 33 of 36
City of Renton
Monthly Expenditure Analysis ‐ 2012 Budget Year
Debt Service Budget
YTD
Actual
Annual %
over (under)
Jan ‐ ‐ N/A
Feb 250,317 250,317 0.00%
Mar 250,317 250,317 0.00%
Apr 842,026 842,026 0.00%
May 856,385 856,385 0.00%
Jun 1,905,620 1,905,620 0.00%
Jul 1,905,620 1,905,620 0.00%
Aug 2,158,688 2,158,688 0.00%
Sep 2,158,688 2,158,688 0.00%
Oct 2,747,599 2,747,599 0.00%
Nov 2,747,599 2,747,599 0.00%
Dec 9,871,084
Percent of budget expended 27.83%
Non‐
Departmental YTD Annual % $5 00
Millions Non‐Departmental Other City Services
$‐
$2
$4
$6
$8
$10
$12
$14
$16
Millions Debt Service
Budget
Actual
Last Year
Other City Budget Actual over (under)
Jan 313,245 313,245 0.00%
Feb 649,480 649,480 0.00%
Mar 886,227 886,227 0.00%
Apr 1,176,929 1,176,929 0.00%
May 1,375,197 1,375,197 0.00%
Jun 1,597,673 1,597,673 0.00%
Jul 1,863,974 1,863,974 0.00%
Aug 2,072,373 2,072,373 0.00%
Sep 2,298,266 2,298,266 0.00%
Oct 2,519,291 2,519,291 0.00%
Nov 2,705,438 2,705,438 0.00%
Dec 4,660,315
Percent of budget expended 58.05%
$‐
$0.50
$1.00
$1.50
$2.00
$2.50
$3.00
$3.50
$4.00
$4.50
$5.00 Budget
Actual
Last Year
Page 34 of 36
City of Renton
Monthly Enterprise Fund Financial Report ‐ 2012 Budget Year
Utilities Budget Revenue Expense
Jan 3,577,122 4,860,643 3,270,986
Feb 8,661,002 9,712,888 7,451,062
Mar 14,450,068 15,372,251 11,393,139
Apr 18,848,862 20,105,679 15,700,049
May 23,339,223 25,621,490 19,760,057
Jun 32,195,178 30,561,965 25,608,749
Jul 37,831,512 36,536,725 30,837,617
Aug 42,717,193 41,774,863 35,411,926
Sep 48,620,479 47,449,846 39,860,995
Oct 54,440,591 53,197,620 45,185,106
Nov 60,007,113 58,842,489 49,563,198
Dec 69,198,605
Percent of budget expended 62.18%
Note: Operations and Capital
$0
$10
$20
$30
$40
$50
$60
$70
$80
Millions Utilities
Budget
Revenue
Expense
$12 00
Millions Airport
Airport Budget Revenue Expense
Jan 711,901 182,302 131,563
Feb 1,275,443 480,547 293,170
Mar 1,902,797 679,165 431,819
Apr 2,594,568 909,193 601,497
May 3,131,035 1,114,820 823,315
Jun 4,196,017 1,360,778 1,122,991
Jul 4,890,304 1,744,572 1,261,393
Aug 6,094,084 1,950,517 1,464,878
Sep 7,031,140 2,169,957 1,602,471
Oct 8,271,757 2,442,272 1,894,436
Nov 9,233,875 2,668,625 2,033,515
Dec 10,065,047
Percent of budget expended 20.20%
Note: Operations and Capital
$‐
$2.00
$4.00
$6.00
$8.00
$10.00
$12.00
Budget
Revenue
Expense
Page 35 of 36
City of Renton
Monthly Enterprise Fund Financial Report ‐ 2012 Budget Year
Golf Course Budget Revenue Expense
Jan 60,268 65,568 123,688
Feb 200,212 163,205 259,488
Mar 339,128 281,478 422,495
Apr 428,171 504,028 622,626
May 528,038 751,725 774,905
Jun 661,811 1,025,729 960,462
Jul 758,375 1,360,143 1,123,018
Aug 865,936 1,651,168 1,278,288
Sep 957,161 1,889,788 1,442,297
Oct 1,041,874 2,053,111 1,598,018
Nov 1,206,844 2,124,992 1,731,928
Dec 2,637,204
Percent of budget expended 65.67%
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 36 of 36