HomeMy WebLinkAbout201108, August.pdfFINANCE AND
INFORMATION TECHNOLOGY
M E M O R A N D U M
DATE: September 28, 2011
TO: Terri Briere, Council President
Members of the Renton City Council
CC: Denis Law, Mayor
Administrators
FROM: Hai Nguyen, Sr. Finance Analyst
SUBJECT: August 2011 Financial Status Report
At the end of August, general governmental revenues show $120k or 0.2% below budget. On
the position side, we have $168k favorable property tax collection. Sales tax is $62k higher
than budget, which is attributable to one‐time activity that occurred in December 2010
(February 2011 sales tax receipt) and the collection through the state’s sales tax Amnesty
Program. Sales tax activity continues to fluctuate widely from month to month and at this point
we anticipate will meet the budget projection at the end of the year. Additional revenues
sources that are higher than expected are: utility taxes ($206k); state shared revenues ($430k);
and public safety ($63k, mainly due to private security by the police department). On the down
side, the revenue sources that are underperforming the year to date budget and likely to
continue this trend for the year are: permit and development fees ($169k below budget at the
end of August); REET ($173k below); interfund service charges ($268k below, which includes a
correction that was processed in July); culture and recreation service charges/fees ($137k
below); and interest earnings ($156k below). Therefore, we believe the overall revenue
collection will be very close to budget for the year.
General government expenditures showed favorable variances of $2.5 million or 3.7%. $1.2
million of the saving is related to SCORE jail start up costs. Most of these savings are due to
delay of billing by SCORE (June and July invoices totalling $950k are currently under review for
payment). While we still expect to realize part of the savings this year, it will be substantially
less than the $1.2 million. In addition, part of the jail savings was used to cover the Police
department’s pay and benefit budget correction that was approved in the 2nd Quarter Budget
Adjustment. Overall, we anticipate only $500k expenditure savings at the end of this year.
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.
General Governmental Funds
$%
Beginning Fund Balance 11,816,561$ 11,816,561$ 11,955,285$ 11,955,285$ 11,407,119$ 11,407,119$ 11,407,119$ ‐$ 0.0%
OPERATING REVENUES
Property Tax 30,660,522 16,020,559 31,497,128 16,786,759 32,046,525 17,079,566 17,247,946 168,380 1.0%
Sales Tax 17,995,836 12,028,421 17,198,220 11,430,357 17,759,600 11,744,987 11,807,102 62,115 0.5%
Sales Tax ‐ Annexation Credit 2,132,110 1,419,661 2,025,660 1,346,094 2,119,680 1,408,572 1,338,857 (69,715) ‐4.9%
Criminal Justice Sales Tax 1,650,350 1,096,752 1,620,479 1,072,153 1,804,005 1,193,579 1,206,848 13,270 1.1%
Natural Gas Use Tax 242,891 172,543 228,514 170,550 258,750 193,116 192,218 (899) ‐0.5%
Admission Tax 260,269 189,020 291,399 217,864 280,000 209,341 222,088 12,747 6.1%
Franchise Fees 1,039,031 779,233 1,222,444 887,960 1,260,000 915,240 894,644 (20,595) ‐2.3%
Electricity Tax 4,963,151 3,410,958 5,036,907 3,354,397 4,968,000 3,308,507 3,465,315 156,808 4.7%
Natural Ga s Utility Tax 1,891,255 1,498,063 1,577,756 1,140,236 1,656,000 1,196,783 1,404,522 207,739 17.4%
Transfer Station 283,985 158,142 269,912 157,215 238,050 138,656 168,199 29,543 21.3%
TV Cable 1,263,743 830,591 1,296,744 903,892 1,366,200 952,307 903,937 (48,370) ‐5.1%
Telephone 1,037,873 688,996 1,038,009 704,355 1,000,000 678,564 660,524 (18,040) ‐2.7%
Cellular Phone 2,027,473 1,284,063 2,206,637 1,554,714 2,202,000 1,551,447 1,412,985 (138,463) ‐8.9%
City Utilities 2,871,599 1,917,030 2,853,884 1,877,339 3,477,600 2,287,632 2,304,551 16,919 0.7%
Leasehold Excise Tax 146,002 103,819 138,830 103,100 145,000 107,682 122,412 14,730 13.7%
Gambling Excise Tax 2,141,720 1,506,546 1,546,386 1,073,429 1,600,000 1,110,645 1,142,944 32,298 2.9%
Real Estate Excise Tax 2,418,456 1,656,770 2,464,489 1,537,086 2,240,000 1,398,017 1,177,391 (220,626) ‐15.8%
Less: Municipal Facilities CIP REET (1,000,000) (797,523) (400,000) (258,148) (400,000) (258,148) (210,248) 47,899 ‐18.6%
EMS Levy 1,170,657 780,438 1,161,114 580,473 950,921 510,544 510,544 ‐ 0.0%
Business License Fees 424,413 315,805 431,782 319,296 463,067 342,431 321,464 (20,967) ‐6.1%
Other Licenses and Permits 176,851 104,310 262,629 159,099 210,255 127,371 130,873 3,502 2.7%
Building Permits & Development Svc Fees 2,361,037 1,546,713 2,437,270 1,758,928 2,706,044 1,960,633 1,791,158 (169,476) ‐8.6%
Intergovt'l (Grants, State Shared, etc) 3,820,932 2,588,513 4,426,676 2,711,369 4,282,204 2,331,168 2,761,252 430,084 18.4%
Fire District 25 and 40 Contracts 5,869,198 3,050,973 5,252,877 2,760,463 5,928,462 3,113,598 3,113,598 ‐ 0.0%
Public Safety 521,484 363,800 482,343 303,141 426,081 267,782 330,394 62,612 23.4%
Culture and Recreation 1,631,486 1,292,783 1,424,932 1,118,294 1,628,486 1,278,044 1,141,328 (136,716) ‐10.7%
Interfund/Interdept‐Services 3,225,745 2,138,776 3,190,908 2,170,982 3,314,653 2,255,174 1,987,646 (267,528) ‐11.9%
Fines and Forfeits 1,349,034 823,305 1,291,817 769,212 1,088,750 652,317 707,482 55,166 8.5%
Photo Enforcement 2,368,131 1,575,781 1,925,159 1,306,228 1,900,908 1,289,773 1,286,287 (3,486) ‐0.3%
Seizure Funds ‐ Federal/State/Local 99,844 88,550 221,046 191,693 180,693 156,698 4,431 (152,268) ‐97.2%
Interests and Other Earnings 535,314 377,123 327,558 233,864 477,730 341,082 185,179 (155,903) ‐45.7%
Rents, Leases, and Concessions 677,960 528,534 727,338 576,796 698,929 554,267 544,625 (9,642) ‐1.7%
Contributions and Donations 150,406 700,173 133,756 90,947 146,800 99,817 172,744 72,928 73.1%
Other Miscellaneous 355,086 163,866 290,239 208,856 352,218 258,715 184,955 (73,760) ‐28.5%
Other Financing Sources (Transfer‐In, etc) 578,206 572 653,595 653,094 692,123 169,086 169,086 ‐ 0.0%
Total Operating Revenues 97,342,052 60,403,662 96,754,435 59,972,086 99,469,734 60,924,993 60,805,281 (119,712) ‐0.2%
OPERATING EXPENDITURES
Legislative 247,225 165,499 259,345 173,947 276,567 185,324 180,746 4,578 2.5%
Executive 1,499,747 1,005,120 1,578,526 1,038,272 1,478,297 981,310 994,268 (12,958) ‐1.3%
City Clerk 646,581 464,567 789,209 505,723 786,947 531,809 525,691 6,118 1.2%
Hearing Examiner 171,911 115,550 174,447 116,431 170,717 114,341 39,784 74,558 65.2%
City Attorney 1,248,380 884,515 1,565,597 1,059,996 1,588,429 1,097,634 1,056,642 40,992 3.7%
Court Services 1,819,731 1,236,898 2,007,599 1,335,996 2,134,452 1,434,869 1,384,788 50,081 3.5%
Community and Eco Dvlpmnt Admin 265,269 180,430 579,396 389,497 926,674 625,262 620,791 4,471 0.7%
Development Services 3,615,129 2,466,850 2,946,413 1,962,273 3,137,985 2,118,179 1,876,800 241,379 11.4%
Economic Development 1,244,175 840,770 1,322,004 840,426 749,128 490,780 484,313 6,468 1.3%
Planning 1,525,460 925,873 1,774,508 1,153,979 1,533,697 966,634 951,339 15,295 1.6%
Finance 1,969,936 1,456,163 2,214,458 1,240,000 2,088,212 1,345,514 1,245,218 100,296 7.5%
Human Resources 853,063 555,907 861,221 578,948 973,851 644,689 561,242 83,447 12.9%
Police 22,515,895 14,805,799 23,946,386 16,054,808 24,508,179 16,278,522 16,472,013 (193,491) ‐1.2%
Jail Services 3,317,861 2,055,411 3,539,035 2,117,139 6,503,114 3,957,268 2,776,765 1,180,503 29.8%
Fire 20,378,891 13,899,404 21,554,792 14,550,092 22,676,137 15,384,403 15,170,911 213,492 1.4%
Community Services Admin 1 4,459,381 3,004,291 1,063,011 706,509 409,872 275,415 272,651 2,765 1.0%
Parks 3,894,745 2,545,531 3,421,424 2,206,684 3,911,658 2,540,816 2,435,040 105,776 4.2%
Parks Planning & Natural Resources ‐ ‐ 448,574 283,463 578,646 385,764 349,262 36,502 9.5%
Recreation 4,374,668 2,988,821 4,433,420 2,944,207 5,177,897 3,487,773 3,341,666 146,107 4.2%
Human Services 1,194,142 723,598 1,326,778 825,837 1,358,385 834,905 770,871 64,035 7.7%
Neighborhoods, Resources, & Events 348,185 209,828 331,222 210,720 685,003 424,012 369,016 54,996 13.0%
Library 2,321,878 1,365,858 2,289,692 1,628,119 2,030,000 1,820,119 1,820,119 ‐ 0.0%
Museum 140,801 95,866 191,090 127,286 207,513 139,524 139,835 (310) ‐0.2%
Public Works Admin 1 942,026 638,456 514,858 346,210 450,620 304,561 300,269 4,292 1.4%
Street Maintenance 3,794,716 2,656,566 3,412,892 2,224,610 3,675,414 2,489,084 2,335,142 153,943 6.2%
Transportation 5,110,639 3,411,038 5,215,309 3,381,065 4,582,866 3,014,474 2,935,188 79,286 2.6%
Debt Service 4,176,822 975,339 4,707,100 1,303,524 4,715,035 1,408,246 1,408,246 ‐ 0.0%
Non‐Departmental and Other 5,126,072 2,559,855 4,834,296 2,417,038 3,984,013 3,950,614 3,950,614 ‐ 0.0%
Total Operating Expenditures 97,203,328 62,233,805 97,302,601 61,722,799 101,299,304 67,231,846 64,769,227 2,462,619 3.7%
Total Ending Fund Balance 11,955,285$ 9,986,419$ 11,407,119$ 10,204,572$ 9,577,549$ 5,100,266$ 7,443,173$ 2,342,907 45.9%
1Facilities was included in Community Services Admin and Technical Services was included in Public Works Admin in 2009
Favorable (Unfavorable)
2009 2010 2011 Variance
Annual Actual YTD Actual Annual Budget YTD Budget YTD ActualSummary of Sources and Uses Annual Actual YTD Actual
Monthly Financial Report August 2011
Page 1 of 36
Monthly Financial Report August 2011
OVERVIEW
This financial overview reflects the City’s overall financial position for the fiscal year through August 31, 2011. 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
August’s collection is $26k,
making the total year‐to‐date
collection $17.2 million or 54% of
the total budget. In comparison
to the previous year, the City
collected $461k or 3% more.
Compared to the budget, the City
is above projections by $168k or
1%. The City is projecting
property taxes to meet the 2011
budget at year‐end. The
April/May variance is due to the
timing of collections. When the
two months are combined, the
City is $198k or 1% behind budget
but $70k ahead of last year.
Sales Tax
August 2011 sales tax receipts totalled
$1.5 million. Compared to the same
month last year, it is $63k or 4% more.
Compared to the projected current
month’s budget, it is below projections
by $9k or 1%. The year‐to‐date
collection is $11.8 million or 66% of
the sales tax budget, which is $377k or
3% more than the prior year and $62k
or 1% higher than the budget. Based
on the year‐to‐date collection, the City
projected sales tax revenues to be very
close to budget projection at the end
of 2011.
2010 2011 2011
Actual Budget Actual $ % $ %
Jan 218,705$ 222,520$ 505,501$ 286,797$ 131% 282,981$ 127%
Feb 270,809 275,532 336,193 65,385 24% 60,661 22%
Mar 547,632 557,184 745,285 197,653 36% 188,101 34%
Apr 6,660,829 6,777,012 7,618,492 957,664 14% 841,480 12%
May 8,736,691 8,889,083 7,849,481 (887,210) ‐10% (1,039,602) ‐12%
Jun 114,982 116,988 54,963 (60,019) ‐52% (62,025) ‐53%
Jul 87,952 89,486 112,076 24,124 27% 22,590 25%
Aug 149,160 151,761 25,954 (123,205) ‐83% (125,807) ‐83%
Sep 491,642 500,217
Oct 7,060,074 7,183,221
Nov 7,288,083 7,029,490
Dec (129,429) 254,031
YTD Total 16,786,759$ 17,079,566$ 17,247,946$ 461,188$ 3% 168,380$ 1%
Annual Total 31,497,128$ 32,046,525$
Property Tax Revenues
Year to Date through August
2011 vs. 2010 2011 vs. Budget
Month
2010 2011 2011
Actual Budget Actual $ % $ %
Jan 1,289,364$ 1,408,501$ 1,339,658$ 50,295$ 4% (68,843)$ ‐5%
Feb 1,728,588 1,737,756 1,982,269 253,682 15% 244,513 14%
Mar 1,289,589 1,341,244 1,299,237 9,648 1% (42,007) ‐3%
Apr 1,461,123 1,350,144 1,254,867 (206,257) ‐14% (95,277) ‐7%
May 1,499,335 1,526,532 1,590,780 91,446 6% 64,248 4%
Jun 1,382,049 1,417,495 1,368,213 (13,835) ‐1% (49,282) ‐3%
Jul 1,309,429 1,420,358 1,437,859 128,430 10% 17,501 1%
Aug 1,470,881 1,542,957 1,534,218 63,337 4% (8,739) ‐1%
Sep 1,408,876 1,472,089 ‐
Oct 1,447,338 1,539,380 ‐
Nov 1,508,617 1,530,976 ‐
Dec 1,403,032 1,472,168 ‐
YTD Total 11,430,357$ 11,744,987$ 11,807,102$ 376,745$ 3% 62,115$ 1%
Annual Total 17,198,220$ 17,759,600$
2011 vs. Budget2011 vs. 2010
Month
Year to Date through August
Local Retail Sales Tax Revenues
Page 2 of 36
Monthly Financial Report August 2011
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 2010 2011 Bgt YTD Act Change 2011/2010 2011 Act vs Bgt
New Construction 1,538,078$ 1,135,097$ 980,257$ (557,821)$ ‐36%$ (154,840)‐14%
Auto Sales 1,965,753 2,256,637 2,091,091 125,338 6% (165,546)‐7%
General Retail 3,995,899 4,166,929 4,060,049 64,150 2% (106,880)‐3%
Manufacturing 502,285 565,896 776,503 274,217 55% 210,607 37%
Wholesale 621,066 721,067 760,796 139,730 23% 39,729 6%
Service 2,452,539 2,538,378 2,626,385 173,846 7% 88,007 3%
Other 354,736 360,983 512,022 157,286 44% 151,039 42%
Total 11,430,357$ 11,744,987$ 11,807,102$ 376,745$ 3%62,115$ 1%
Note: Excludes Annexation Credit and Criminal Justice Sales Tax revenue.
Utility tax
August utility tax revenues are $1.2
million, which is $34k or 3% higher than
the same month last year but behind
the budget by $25k or 2%. The year‐to‐
date collection is $10.5 million, which is
$650k or 7% higher than the prior year
and is also $205k or 2% higher than the
budget. Based on collections so far the
City is projecting utility taxes to meet
the 2011 budget at the end of the year.
The table below breaks out Utility Tax by source.
Utility Tax by Type 2010 2011 Bgt YTD Act Change 2011/2010 2011 Act vs Bgt
Electrical 3,354,397$ 3,308,507$ 3,465,315$ 110,918$ 3%$ 156,808 5%
Natural Gas 1,310,786 1,389,899 1,596,740 285,953 22% 206,840 15%
Cell 1,554,714 1,551,447 1,412,985 (141,730) ‐9% (138,463)‐9%
Phone 704,355 678,564 660,524 (43,832) ‐6% (18,040)‐3%
Cable 903,892 952,307 903,937 45 0% (48,370)‐5%
Transfer Station 157,215 138,656 168,199 10,984 7% 29,543 21%
City Utilities 1,877,339 2,287,632 2,304,551 427,212 23% 16,919 1%
YTD Total 9,862,699$ 10,307,012$ 10,512,250$ 649,551$ 7%205,238$ 2%
Annual Total 14,508,363$ 15,166,600$
YTD as % of 68% 68%
2010 2011 2011
Actual Budget Actual $ % $ %
Jan 1,392,232$ 1,449,257$ 1,363,023$ (29,209)$ ‐2% (86,234)$ ‐6%
Feb 1,245,631 1,302,522 1,448,275 202,644 16% 145,753 11%
Mar 1,295,732 1,346,959 1,480,840 185,108 14% 133,881 10%
Apr 1,260,110 1,321,643 1,370,718 110,608 9% 49,075 4%
May 1,231,700 1,281,842 1,291,530 59,830 5% 9,687 1%
Jun 1,165,188 1,221,180 1,203,475 38,287 3% (17,705) ‐1%
Jul 1,140,413 1,193,031 1,188,526 48,113 4% (4,506) 0%
Aug 1,131,693 1,190,578 1,165,863 34,170 3% (24,715) ‐2%
Sep 1,082,231 1,136,760
Oct 1,138,457 1,193,046
Nov 1,112,608 1,157,583
Dec 1,312,366 1,372,199
YTD Total 9,862,699$ 10,307,012$ 10,512,250$ 649,551$ 7% 205,238$ 2%
Annual Total 14,508,363$ 15,166,600$
2011 vs. Budget2011 vs. 2010
Year to Date through August
Utility Tax Revenues
Month
Page 3 of 36
Monthly Financial Report August 2011
Other Taxes
Real Estate Excise Tax
The City collected $160k in Real Estate
Excise Tax revenues (REET) in August.
This is $31k or 16% below the current
month’s budget and $50k or 24% behind
the same month last year. The year‐to‐
date collection is $1.2 million or 53% of
the total budget, which is $360k or 23%
less than the prior year and is also $221k
or 16% below the budget. The short fall
is due to lower real estate activity for
2011. Based on the collections so far,
the City is projecting REET to be under
the 2011 budget by year‐end.
Gambling Tax
August’s Gambling Tax collections
total $144k. Year‐to‐date total of
$1.1 million is $70k or 6% above
the year before and is also $32k
or 3% above budget.
Pull tabs overall decreased by 2%,
bingo reduced by 46%, and card‐
rooms are seeing 11% higher in
activities when compared to the
prior year.
Franchise Fees
Franchise Fees are due quarterly
and the year‐to‐date revenue
collections are $895k or 71% of
the budget. This is $14k or 2%
below the projected year‐to‐date
budget but $13k or 1% higher
than 2010. January’s budget
variance is due to receipting $45k
of January 2011’s revenues in
December 2010.
2010 2011 2011
Actual Budget Actual $ % $ %
Jan 71,303$ 64,842$ 161,911$ 90,608$ 127% 97,069$ 150%
Feb 107,242 97,524 99,677 (7,565) ‐7% 2,153 2%
Mar 309,164 281,121 141,700 (167,464) ‐54% (139,421) ‐50%
Apr 281,746 256,194 110,987 (170,759) ‐61% (145,207) ‐57%
May 216,814 197,233 157,519 (59,295) ‐27% (39,714) ‐20%
Jun 191,741 174,436 228,506 36,765 19% 54,070 31%
Jul 149,706 136,195 117,567 (32,140) ‐21% (18,628) ‐14%
Aug 209,369 190,471 159,524 (49,846) ‐24% (30,948) ‐16%
Sep 123,054 111,936
Oct 183,333 176,560
Nov 203,091 184,761
Dec 417,925 368,726
YTD Total 1,537,086$ 1,398,017$ 1,177,391$ (359,695)$ ‐23% (220,626)$ ‐16%
Annual Total 2,464,489$ 2,240,000$
Month
2011 vs. Budget2011 vs. 2010
Real Estate Excise Tax Revenues
Year to Date through August
2010 2011 2011
Actual Budget Actual $ % $ %
Jan 135,608$ 140,310$ 118,304$ (17,304)$ ‐13% (22,005)$ ‐16%
Feb 137,736 142,512 135,926 (1,811) ‐1% (6,586) ‐5%
Mar 63,054 134,061 135,067 72,013 114% 1,006 1%
Apr 196,085 134,062 162,459 (33,626) ‐17% 28,397 21%
May 133,979 138,624 159,013 25,034 19% 20,389 15%
Jun 142,790 147,741 151,240 8,450 6% 3,499 2%
Jul 125,614 129,969 136,775 11,161 9% 6,806 5%
Aug 138,563 143,368 144,161 5,597 4% 793 1%
Sep 105,323 108,974 ‐
Oct 126,396 130,779 ‐
Nov 121,757 125,978 ‐
Dec 119,481 123,624 ‐
YTD Total 1,073,429$ 1,110,645$ 1,142,944$ 69,515$ 6% 32,298$ 3%
Annual Total 1,546,386$ 1,600,000$
2011 vs. 2010 2011 vs. Budget
Gambling Tax Revenue
Month
Year to Date through August
2010 2011 2011
Actual Budget Actual $ % $ %
Jan 320,478$ 330,324$ 305,646$ (14,833)$ ‐5% (24,678)$ ‐7%
Apr 274,268 282,694 294,560 20,293 7% 11,867 4%
Jul 286,523 295,326 294,438 7,915 3% (888) 0%
Aug 6,691 6,896 ‐
Oct 289,316 298,204 ‐
Dec 45,169 46,556 ‐
YTD Total 887,960$ 915,240$ 894,644$ 13,375$ 1% (13,699)$ ‐2%
Annual Total 1,222,444$ 1,260,000$
Franchise Fees Revenue
Year to Date through August
Month
2011 vs. 2010 2011 vs. Budget
Page 4 of 36
Monthly Financial Report August 2011
Admission Tax
Admission Tax returns are due
quarterly in January, April, July,
and October each year. July 2011
collections represent activities
conducted during the 2nd quarter
of 2011.
The report shows an increase of
$4k or 2% from the year before
and also a $13k or 6% more than
anticipated.
Licenses and Permits
Building Permits and Development Service Fees
Building Permits and Development
Service Fee revenues totalled $394k in
August. The revenue swing between the
high in January 2010 and the low in
February 2010 is primarily attributable
to the rush of getting permits completed
prior to the new school impact fees
taking effect. The year‐to‐date
development fees revenue of $1.8
million is $169k or 9% less than the
budget and but is $32k or 2% higher
than 2010.
Business Licenses
Business Licenses totalled $18k for August,
which is $4k or 24% above the same month last
year and is also $3k or 16% above the current
month’s budget. The year‐to‐date Business
Licenses revenue is under the budget by $21k or
6% and but is $2k or 1% above last year.
2010 2011 2011
Actual Budget Actual $ % $ %
Jan 74,777$ 71,852$ 70,405$ (4,372)$ ‐6% (1,447)$ ‐2%
Feb 459 441 477 18 4% 35 8%
Apr 66,119 63,533 63,582 (2,538) ‐4% 49 0%
May ‐ ‐ 407 407 100% 407 100%
Jul 76,024 73,050 86,024 10,000 13% 12,974 18%
Aug 485 466 1,194 710 147% 729 157%
Oct 73,073 70,215 ‐
Nov 462 444 ‐
YTD Total 217,864$ 209,341$ 222,088$ 4,224$ 2% 12,747$ 6%
Annual Total 291,399$ 280,000$
Month
2011 vs. 2010 2011 vs. Budget
Admission Tax Revenue
Year to Date through August
2010 2011 2011
Actual Budget Actual $ % $ %
Jan 77,955$ 83,603$ 84,109$ 6,154$ 8% 506$ 1%
Feb 33,440 35,863 23,153 (10,287) ‐31% (12,710) ‐35%
Mar 5,687 6,099 3,811 (1,875) ‐33% (2,287) ‐38%
Apr 77,964 83,612 83,930 5,966 8% 317 0%
May 21,558 23,120 20,142 (1,417) ‐7% (2,979) ‐13%
Jun 4,709 5,051 3,964 (745) ‐16% (1,086) ‐22%
Jul 83,201 89,230 83,962 761 1% (5,268) ‐6%
Aug 14,782 15,853 18,393 3,611 24% 2,540 16%
Sep 4,475 4,799 ‐
Oct 83,639 89,699 ‐
Nov 22,288 23,903 ‐
Dec 2,084 2,235 ‐
YTD Total 319,296$ 342,431$ 321,464$ 2,168$ 1% (20,967)$ ‐6%
Annual Total 431,782$ 463,067$
Business Licenses
Month
2011 vs. 2010
Year to Date through August
2011 vs. Budget
2010 2011 2011
Actual Budget Actual $ % $ %
Jan 394,165$ 454,717$ 132,621$ (261,545)$ ‐66% (322,096)$ ‐71%
Feb 93,037 100,788 141,672 48,634 52% 40,884 41%
Mar 172,096 188,567 265,782 93,686 54% 77,215 41%
Apr 180,514 207,481 190,534 10,020 6% (16,946) ‐8%
May 221,843 238,569 239,018 17,175 8% 448 0%
Jun 210,810 240,300 215,975 5,165 2% (24,325) ‐10%
Jul 319,462 336,067 211,760 (107,701) ‐34% (124,307) ‐37%
Aug 167,001 194,145 393,797 226,796 136% 199,652 103%
Sep 158,882 183,653
Oct 223,901 232,210
Nov 125,748 143,854
Dec 169,811 185,693
YTD Total 1,758,928$ 1,960,633$ 1,791,158$ 32,230$ 2% (169,476)$ ‐9%
Annual Total 2,437,270$ 2,706,044$
Building Permits and Development Service Fees
Year to Date through August
2011 vs. Budget2011 vs. 2010
Month
Page 5 of 36
Monthly Financial Report August 2011
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 $7.1 million or 59% of the
budget. All grant revenues also have corresponding expenditures which was added to the City’s budget through the 2011
carry forward and 2nd quarter budget adjustment.
State Shared Revenues
State Shared Revenue
collections totalled $3 million
since the start of 2011.
Compared to the projected
budget, State Shared Revenues
are above by $443k or 18%.
Compared to the prior year, the
City is collecting $287k or 11%
more. The City is projecting
State Shared Revenues to meet
the 2011 budget by the end of
the year.
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 75% of the total revenue in this category. The year‐to‐date total charges for services are $4.2 million or 65% of
the budget. This is 7% below budget projections. The following sections provide detail information for Public Safety,
Recreation, and Interfund Services.
Public Safety Services
Public Safety Services totalled $330k since
the start of the year. These services include
private security, adult probation services,
and housing/monitoring of prisoners.
Compared to the budget, the City is
collecting $63k or 23% more than
anticipated revenue. Compared to the
prior year, the City is collecting $27k or 9%
more. The City is projecting Public Safety
Service revenues to meet the 2011
projected budget by year‐end.
2010 2011 2011
Actual Budget Actual $ % $ %
Jan 35,994$ 31,795$ 18,824$ (17,169)$ ‐48% (12,971)$ ‐41%
Feb 29,971 26,475 40,902 10,931 36% 14,427 54%
Mar 34,786 30,728 30,346 (4,440) ‐13% (382) ‐1%
Apr 47,687 42,125 52,434 4,746 10% 10,309 24%
May 36,393 32,148 35,609 (784) ‐2% 3,461 11%
Jun 27,093 23,933 46,295 19,202 71% 22,362 93%
Jul 57,010 50,360 70,094 13,084 23% 19,733 39%
Aug 34,206 30,217 35,891 1,684 5% 5,674 19%
Sep 42,316 37,380 ‐
Oct 39,487 34,881 ‐
Nov 24,065 21,258 ‐
Dec 73,334 64,780 ‐
YTD Total 303,141$ 267,782$ 330,394$ 27,253$ 9% 62,612$ 23%
Annual Total 482,343$ 426,081$
Month
2011 vs. 2010
Year to Date through August
Public Safety Services
2011 vs. Budget
Intergovernmental 2010 2011 Bgt YTD Act Change 2011/2010 2011 Act vs Bgt
Fire District #25 558,243$ 674,677$ 674,677$ 116,434$ 21% $ ‐ 0%
Fire District #40 2,202,220 2,438,922 2,438,922 236,702 11%‐ 0%
State Shared Revenue 2,689,858 2,533,089 2,976,442 286,584 11% 443,353 18%
Federal Grants 414,277 353,893 353,893 (60,383) ‐15%‐ 0%
State Grants 168,703 110,223 110,223 (58,480) ‐35%‐ 0%
Other Grants/Intgovt 161,567 121,635 121,635 (39,932) ‐25%‐ 0%
ARRA Grants 349,118 405,908 405,908 56,790 16%‐ 0%
Total Rev YTD 6,543,985$ 6,638,345$ 7,081,699$ 537,714$ 8%443,353$ 7%
Total Rev Annual 11,300,032$ 12,014,671$
YTD %58% 55% 59%
Note: Includes CJ Sales Tax.
2010 2011 2011
Actual Budget Actual $ % $ %
Crim Just Sales Tax 1,072,153$ 1,193,579$ 1,206,848$ 134,695$ 13% 13,270$ 1%
Judicial Contribution 22,868 9,626 16,851 (6,017)$ ‐26% 7,225 75%
Crim Just ‐ High Crime 46,763 ‐ 142,459 95,696 205% 142,459 100%
Crim Just ‐ Pop 14,038 ‐ 14,900 862 6% 14,900 100%
Crim Just ‐ Spec Prog 53,236 50,103 56,257 3,020 6% 6,153 12%
State DUI 11,787 11,193 14,591 2,804 24% 3,398 30%
Liquor Profits 351,048 207,613 355,913 4,865 1% 148,300 71%
Liquor Excise Tax 313,158 313,265 327,685 14,527 5% 14,420 5%
Fuel Tax 804,807 747,709 840,938 36,132 4% 93,229 12%
YTD Total 2,689,858$ 2,533,089$ 2,976,442$ 286,584$ 11% 443,353$ 18%
Annual Total 4,189,298$ 3,874,444$
2011 vs. Budget
State Shared Revenues
2011 vs. 2010
Revenue
Year to Date through August
Page 6 of 36
Monthly Financial Report August 2011
Recreation
Recreation revenues totalled $254k for
the current month. Compared to the
projected monthly budget, the City
collected $47k or 23% more. Compared
to the same month the prior year, the
City collected $73k or 40% more. The
year‐to‐date collection of $1.1 million is
$23k or 2% more than the prior year but
is $137k or 11% less than the budget.
The City is projecting Recreation
revenues to be slighting under the 2011
budget by year‐end. The budget variance
is due to a warmer June and July of 2010
than this year.
Interfund Services
The year‐to‐date collections for Interfund
Services revenues are $2 million.
Compared to the projected budget, the
revenues are below by $268k or 12%.
Compared to the prior year, the revenues
are under by $183k or 8%. The majority
of these revenues are related to indirect
cost allocations, which are internal
administrative costs. The remaining costs
consist of Development Services
division’s inspection fees, Transportation
division’s capital investment program
reimbursements, and Maintenance
division’s street maintenance
reimbursements. The budget variance is
due to July’s Maintenance activity not
being recorded in August (activity will be recorded in September/October).
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 million. This is $286k or
13% lower than a year ago and also
$118k or 6% below the budget. This
difference is mainly due to $152k lower
than budgeted Seizure Funds received
this year. The use of Seizure Funds is
restricted to drug enforcement only
2010 2011 2011
Actual Budget Actual $ % $ %
Jan 62,673$ 71,626$ 61,933$ (740)$ ‐1% (9,693)$ ‐14%
Feb 64,915 74,189 82,497 17,582 27% 8,309 11%
Mar 99,100 113,257 99,537 437 0% (13,720) ‐12%
Apr 152,452 174,230 153,717 1,265 1% (20,513) ‐12%
May 83,760 95,725 134,113 50,354 60% 38,388 40%
Jun 193,082 220,664 144,083 (48,999) ‐25% (76,581) ‐35%
Jul 280,956 321,091 211,388 (69,568) ‐25% (109,703) ‐34%
Aug 181,356 207,263 254,060 72,704 40% 46,797 23%
Sep 111,952 127,945 ‐
Oct 77,544 88,621 ‐
Nov 51,672 59,054 ‐
Dec 65,469 74,822 ‐
YTD Total 1,118,294$ 1,278,044$ 1,141,328$ 23,035$ 2% (136,716)$ ‐11%
Annual Total 1,424,932$ 1,628,486$
Recreation
Year to Date through August
2011 vs. Budget2011 vs. 2010
Month
2010 2011 2011
Actual Budget Actual $ % $ %
Jan 242,658$ 252,068$ 190,881$ (51,777)$ ‐21% (61,187)$ ‐24%
Feb 273,674 284,288 282,743 9,068 3% (1,545) ‐1%
Mar 249,758 259,444 251,144 1,386 1% (8,300) ‐3%
Apr 348,019 361,516 231,156 (116,864) ‐34% (130,360) ‐36%
May 269,154 279,591 237,043 (32,111) ‐12% (42,549) ‐15%
Jun 275,850 286,548 234,878 (40,972) ‐15% (51,670) ‐18%
Jul 263,285 273,495 330,174 66,890 25% 56,679 21%
Aug 248,584 258,224 229,627 (18,957) ‐8% (28,597) ‐11%
Sep 238,713 247,970 ‐
Oct 241,403 250,765 ‐
Nov 255,986 265,913 ‐
Dec 283,824 294,831 ‐
YTD Total 2,170,982$ 2,255,174$ 1,987,646$ (183,336)$ ‐8% (267,528)$ ‐12%
Annual Total 3,190,908$ 3,314,653$
Interfund Services
Year to Date through August
2011 vs. 2010 2011 vs. Budget
Month
2010 2011 2011
Actual Budget Actual $ % $ %
Jan 239,080$ 223,938$ 165,721$ (73,360)$ ‐31% (58,218)$ ‐26%
Feb 228,332 210,821 261,655 33,322 15% 50,833 24%
Mar 279,311 259,871 313,067 33,756 12% 53,196 20%
Apr 294,612 273,484 289,767 (4,845) ‐2% 16,283 6%
May 276,543 257,620 255,949 (20,594) ‐7% (1,671) ‐1%
Jun 373,623 347,746 262,444 (111,179) ‐30% (85,301) ‐25%
Jul 256,225 239,290 247,468 (8,757) ‐3% 8,178 3%
Aug 319,267 286,019 184,473 (134,794) ‐42% (101,546) ‐36%
Sep 231,632 208,702
Oct 267,539 247,930
Nov 314,160 297,164
Dec 352,044 317,767
YTD Total 2,266,994$ 2,098,788$ 1,980,542$ (286,451)$ ‐13% (118,246)$ ‐6%
Annual Total 3,432,368$ 3,170,351$
2011 vs. Budget2011 vs. 2010
Year to Date through August
Fines and Penalties by Month
Month
Page 7 of 36
Monthly Financial Report August 2011
and is not available for general operating purposes.
Year to Date through August
2010 2011 2011
Actual Budget Actual $ % $ %
Civil Penalties 9,892$ 9,134$ 7,298$ (2,593)$ ‐26% (1,836)$ ‐20%
Civil Infraction Penalties 511,860 462,656 444,700 (67,160) ‐13% (17,956) ‐4%
Civil Parking Infraction Penalties 91,741 94,419 78,570 (13,171) ‐14% (15,848) ‐17%
Photo Enforcement Program 1,306,228 1,289,773 1,286,287 (19,940) ‐2% (3,486) 0%
Criminal Traffic Misdemeanor Fines 59,058 54,022 63,199 4,141 7% 9,177 17%
Criminal Non‐Traffic Fines 23,182 23,621 19,307 (3,875) ‐17% (4,314) ‐18%
Criminal Costs 62,129 6,512 75,964 13,836 22% 69,452 1067%
Seizure Funds ‐ Federal/State/Local 191,693 156,698 4,431 (187,262) ‐98% (152,268) ‐97%
Non‐Court Fines, Forfeitures and Penalties 11,211 1,953 785 (10,426) ‐93% (1,168) ‐60%
YTD Total 2,266,994$ 2,098,788$ 1,980,542$ (286,451)$ ‐13% (118,246)$ ‐6%
Annual Total 3,432,368$ 3,170,351$
Revenue
2011 vs. Budget
Fines and Penalties by Type
2011 vs. 2010
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 $1.3 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.
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 78% of the total revenue in
this category. The year‐to‐date total
miscellaneous is $936k. Compared to the
projected year‐to‐date budget, the
revenues are under by $166k or 15%.
Compared to last year, the revenues are
under by $37k or 4%. The table on the
next page breaks out Miscellaneous
revenues by type:
2010 2011 2011
Actual Budget Actual $ % $ %
Jan 170,998$ 181,164$ 143,105$ (27,892)$ ‐16% (38,058)$ ‐21%
Feb 86,124 99,440 70,237 (15,887) ‐18% (29,203) ‐29%
Mar 115,122 132,824 99,131 (15,990) ‐14% (33,692) ‐25%
Apr 99,376 114,159 74,048 (25,327) ‐25% (40,110) ‐35%
May 101,909 116,069 97,083 (4,826) ‐5% (18,986) ‐16%
Jun 148,339 173,389 145,018 (3,321) ‐2% (28,371) ‐16%
Jul 158,134 177,832 173,878 15,744 10% (3,954) ‐2%
Aug 93,081 107,144 133,570 40,489 43% 26,426 25%
Sep 110,810 124,170
Oct 73,018 86,617
Nov 56,175 67,061
Dec 56,503 64,592
YTD Total 973,082$ 1,102,019$ 936,071$ (37,010)$ ‐4% (165,948)$ ‐15%
Annual Total 1,269,588$ 1,444,459$
Year to Date through August
Month
2011 vs. Budget2011 vs. 2010
Miscellaneous Revenues by Month
Favorable
Budget Actual Budget Actual (Unfavorable)
1
Jan 184,922$ 165,696$ 76,201$ 67,883$ 97,812$
Feb 133,857 163,932 76,693 67,885 96,048
Mar 170,080 198,197 76,201 67,852 130,345
Apr 160,472 177,597 53,048 67,991 109,606
May 154,236 157,076 71,882 67,999 89,077
Jun 215,118 175,673 71,871 67,934 107,739
Jul 144,584 151,820 72,275 67,865 83,954
Aug 126,504 96,296 56,688 67,751 28,545
Sep 90,979 ‐ 71,527 ‐ ‐
Oct 158,357 ‐ 71,420 ‐ ‐
Nov 208,633 ‐ 71,884 ‐ ‐
Dec 153,166 ‐ 72,273 ‐ ‐
YTD Total 1,289,773$ 1,286,287$ 554,860$ 543,161$ 743,126$
Annual Total 1,900,908$ 841,964$
1Actuals of Revenues and Expenses
Revenues Expenses
Photo Enforcement Program
Year to Date through August
Month
Page 8 of 36
Monthly Financial Report August 2011
2010 2011 2011
Actual Budget Actual $ % $ %
Interests and Other Earnings 233,864$ 341,082$ 185,179$ (48,685)$ ‐21% (155,903)$ ‐46%
Rents, Leases, and Concessions 576,796 554,267 544,625 (32,171) ‐6% (9,642) ‐2%
Contributions/Donations from Private Sources 90,947 99,817 172,744 81,797 90% 72,928 73%
Other 71,474 106,854 33,524 (37,951) ‐53% (73,331) ‐69%
YTD Total 973,082$ 1,102,019$ 936,071$ (37,010)$ ‐4% (165,948)$ ‐15%
Annual Total 1,269,588$ 1,444,459$
2011 vs. Budget
Miscellaneous Revenues by Type
Year to Date through August
Revenue
2011 vs. 2010
Rents, Leases, and Concessions are lower than the prior year due to receiving fewer revenues for the Carco Theater, Coulon
boat launches, and Fitness area rentals. Other revenues are lower than the prior year because this type of revenue stream
is one‐time types (unclaimed property, miscellaneous reimbursements for accidents, sale of scrap, etc.), which we would
expect to fluctuate.
EXPENSES
Overall the City has expended 64% of its budgeted general governmental expenditures at the end of August. This is $2.5
million or 3.7% below year‐to‐date budgeted expenditures. While some of these savings would be realized at the end of
the year, others are due to the timing of the payments. Below are the explanations for expenditure variances.
The Executive Department is over budget by $13k or 1.3%. This is mainly due to over spending on public defenders and
under spending other contracted services. We will monitor their budget to determine if a budget adjustment is necessary
to cover this expense at year‐end.
The Police Department is over budget by $193k or 1.2%. The majority of this is due to higher than anticipated salaries and
benefits (by $151k) and overtime (by $283k), but under spending in supplies, professional services, intergovernmental and
interfund services (by $238k). Of the $151k overage for salaries and benefits (which includes budgeted uniform allowance),
$82k is related to various sick and vacation buy back/pay outs that was not included in the budget. If we remove this
amount, Police would only be $111k or 0.7% over budget. Police salaries and benefits budget was under estimated for the
year and a $540k budget adjustment was included in the 2nd Quarter amendment to correct this (which is included in the
analysis above).
Page 9 of 36
Monthly Financial Report August 2011
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 ‐ ‐ ‐ ‐ 24,890 25,400 ‐
Grants / intergovernmental 82,144 ‐ 122,607 ‐ ‐ 305,896 ‐
Charges for services 75,271 1,291,466 9,926,712 7,471,551 5,014,037 4,479,826 8,584,001
Interdepartmental services ‐ ‐ 186 137,004 104,786 299,299 ‐
Fines and penalties ‐ ‐ ‐ ‐ ‐ ‐ ‐
Rents, leases, and misc fees 1,511,758 247,497 54,000 89,668 ‐ ‐ ‐
Interest and other misc 8,454 3,993 10,896 294,482 207,644 118,907 2,227
TOTAL REVENUES 1,677,627 1,542,956 10,114,401 7,992,705 5,351,357 5,229,328 8,586,228
EXPENSES:
Utility billing ‐ ‐ 76,321 88,258 55,561 90,357 ‐
Utility systems ‐ ‐ 8,677,641 1,855,198 1,634,496 1,403,188 ‐
Utility maintenance ‐ ‐ 184,196 3,009,671 837,405 1,105,995 8,465,620
Transportation 765,007 ‐ ‐ ‐ ‐ ‐ ‐
Golf ‐ 1,173,562 ‐ ‐ ‐ ‐ ‐
TOTAL EXPENSES 765,007 1,173,562 8,938,158 4,953,127 2,527,462 2,599,540 8,465,620
AMOUNT AVAILABLE FOR DEBT SERVICE 912,620 369,394 1,176,243 3,039,578 2,823,895 2,629,788 120,608
DEBT SERVICE:
Principal ‐ 9,984 ‐ 1,048,425 722,526 138,340 ‐
Interest and other debt service costs ‐ 127 ‐ 453,878 233,784 188,482 ‐
TOTAL DEBT SERVICE ‐ 10,111 ‐ 1,502,303 956,310 326,822 ‐
CAPITAL PROJECTS 364,139 126,402 ‐ 1,090,818 1,739,798 1,089,142 ‐
TRANSFERS IN/(OUT)‐ ‐ ‐ ‐ ‐ ‐ ‐
CHANGE IN FUND BALANCE 548,481 232,881 1,176,243 446,457 127,787 1,213,824 120,608
BEGINNING FUND BALANCE, January 1, 2011 1,361,349 888,604 961,788 6,775,527 681,616 3,273,863 671,616
ENDING FUND BALANCE, August 31, 2011 1,909,830 1,121,485 2,138,031 7,221,984 809,403 4,487,687 792,224
Page 10 of 36
Monthly Financial Report August 2011
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 ‐ 52,119 ‐ ‐ ‐ ‐ ‐
Grants / intergovernmental ‐ 31,594 150,281 ‐ ‐ ‐ 37,673
Charges for services
Equipment rental m&o 1,452,655 1,380,824 ‐ ‐ ‐ ‐ ‐
Telecommunications ‐ 253,180 ‐ ‐ ‐ ‐ ‐
Print and mail ‐ 71,123 ‐ 261,956 ‐ ‐ ‐
Communications ‐ ‐ ‐ 383,904 ‐ ‐ ‐
Facilities ‐ ‐ 2,744,660 ‐ ‐ ‐ ‐
Data cards and cell phones ‐ 100,094 ‐ ‐ ‐ ‐ ‐
IT service contracts ‐ 209,070 ‐ ‐ ‐ ‐ ‐
Interest and other misc 17,916 7,277 1,141 331 19,890 21,954 15,022
Internal service fund misc:
Vehicle / equipment capital recovery 745,755 625,861 ‐ ‐ ‐ ‐ ‐
Insurance premiums ‐ ‐ ‐ ‐ 1,037,495 ‐ ‐
Worker's compensation / unemployment ‐ ‐ ‐ ‐ 944,097 ‐ ‐
Benefit premiums ‐ ‐ ‐ ‐ ‐ 6,922,616 2,216,651
Other misc 4,986 1,377 8,653 21 3,290 411,705 ‐
Capital contributions 20,854 ‐ ‐ ‐ ‐ ‐ ‐
Disposal of capital assets 74,955 ‐ ‐ ‐ ‐ ‐ ‐
Insurance recoveries ‐ ‐ ‐ ‐ 44,092 12,428 3,695
TOTAL REVENUES 2,317,121 2,732,519 2,904,735 646,212 2,048,864 7,368,703 2,273,041
EXPENSES:
Communications 358,658
Equipment rental 1,544,446
Facilities 2,700,812
Healthcare 6,510,710
Information technology 2,033,317
Print and mail 245,381
Retiree healthcare 554,610
Risk management
Risk management 1,377,045
Unemployment 110,902
Worker's compensation 799,042
TOTAL EXPENSES 1,544,446 2,033,317 2,700,812 604,039 2,286,989 6,510,710 554,610
AMOUNT AVAILABLE FOR CAPITAL 772,675 699,202 203,923 42,173 (238,125) 857,993 1,718,431
CAPITAL PROJECTS 1,445,439 616,316 131,533 ‐ ‐ ‐ ‐
TRANSFERS IN ‐ ‐ ‐ ‐ ‐ ‐ ‐
TRANSFERS (OUT)‐ ‐ ‐ ‐ ‐ ‐ ‐
CHANGE IN FUND BALANCE (672,764) 82,886 72,390 42,173 (238,125) 857,993 1,718,431
BEGINNING FUND BALANCE, January 1, 2011 5,293,107 1,949,165 241,046 70,214 6,690,024 6,201,894 3,371,037
ENDING FUND BALANCE, August 31, 2011 4,620,343 2,032,051 313,436 112,387 6,451,899 7,059,887 5,089,468
Page 11 of 36
Monthly Financial Report August 2011
FUND BALANCE
Page 13 shows the ending fund balance as of August 2011. The City’s fund balance is a combination of current
deficit/surplus of funds which have accrued from unexpended operating budgets, unanticipated excess revenues, and from
balances accumulated from prior years.
The prior year’s balances (or beginning balance) include funds identified as being reserved for specific purposes or required
to meet the current year’s appropriations. These balances also provide financial stability to the City’s operation during
uncertain times and provide a layer of security to bondholders.
At the end of August, the City has $7.4 million reported in the combined general governmental fund balance of the current
year’s operating budget, which is approximately 7% of budgeted operating expenditures. This is a decrease of $4 million
from the year’s beginning balance. August’s ending fund balance is over the anticipated General Governmental Fund
Balance of $5.1 million by $2.3 million. Although the ending fund balance is above projections, it is consistent with the prior
years’ trends since the City receipted the first half of 2011 property taxes in April and May. We expect the fund balance to
decrease but be in line with the projected fund balance after August and continue to decrease until we receive the second
half of 2011 property taxes in October and November.
CONTACT INFORMATION
This report is prepared by the Finance Division of the FIT 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 iwang@rentonwa.gov.
Page 12 of 36
Monthly Financial Report August 2011
City of Renton
All Funds ‐ Revenue, Expenditures and Fund Balances
Cash Basis through August 31, 2011
Funds
Balance
01/01/2011
Budgeted
Revenue
Revenue
08/31/11
Total Funds
Available
Budgeted
Expenditure
Expenditure
08/31/11
Ending
Balance
GENERAL GOVERNMENT FUNDS:11,407,119 99,469,734 60,805,279 72,212,398 101,299,304 64,769,228 7,443,170
000 General 9,477,148 72,539,830 42,048,357 51,525,505 74,869,192 49,149,704 2,375,801
001 Community Services 631,801 10,829,491 6,963,858 7,595,659 10,763,076 6,767,634 828,025
003 Street 116,298 8,402,117 5,789,422 5,905,720 8,258,280 5,270,329 635,391
004 Community Dev Block Grant (55,231) 501,728 218,155 162,924 368,333 166,538 (3,614)
005 Museum 66,830 195,966 196,304 263,134 207,513 139,835 123,299
006 Library 47,347 2,030,000 2,031,110 2,078,457 2,030,000 1,820,119 258,338
009 Farmers Market 81,630 67,500 58,171 139,801 62,875 37,649 102,152
010 Fire Memorial 1,251 ‐ 202 1,453 ‐ ‐ 1,453
011 Fire Health & Wellness 24,072 25,000 16,100 40,172 25,000 9,173 30,999
031 Pa rk Me morial 176,950 ‐ 572 177,522 ‐ ‐ 177,522
201 Ltd GO Bonds Gen Govt Debt 312,938 2,146,142 1,822,769 2,135,707 1,983,075 297,438 1,838,269
215 Gen Govt Misc Debt Service 526,085 2,731,960 1,660,259 2,186,344 2,731,960 1,110,809 1,075,535
SPECIAL REVENUE FUNDS:
102 Arterial Street 171,720 620,000 397,093 568,813 620,000 ‐ 568,813
108 Leased City Properties 759,594 748,060 443,188 1,202,782 614,457 502,034 700,748
110 Hotel Motel 212,950 245,000 189,288 402,238 275,000 169,780 232,458
118 Reserve for Paths & Trails 3,299 ‐ 11 3,310 ‐ ‐ 3,310
125 1% For Art 136,830 32,000 413 137,243 68,257 15,540 121,703
127 Cable Communication 171,358 85,000 78,914 250,272 221,301 42,537 207,735
135 Springbrook Wetlands Bank 660,524 ‐ 2,154 662,678 ‐ ‐ 662,678
DEBT SERVICE FUNDS:
219 1989 Unlimited GO Bonds ‐ ‐ ‐ ‐ ‐ ‐ ‐
CAPITAL PROJECT FUNDS (CIP):
303 Community Dev Mitigation 1,343,877 60,000 30,779 1,374,656 400,000 ‐ 1,374,656
304 Fire Mitigation 1,929,477 100,000 56,477 1,985,954 529,056 ‐ 1,985,954
305 Transportation Mitigation 1,119,954 250,000 106,433 1,226,387 999,494 ‐ 1,226,387
316 Municipal Facilities CIP 5,759,297 2,148,558 349,062 6,108,359 7,481,499 2,463,979 3,644,380
317 Transportation CIP 3,808,080 24,295,301 8,437,285 12,245,365 28,007,800 9,321,572 2,923,793
318 So Lake WA Infrastructure Proj 58,522 ‐ 175 58,697 58,000 5,837 52,860
326 Housing Opportunity 163,787 ‐ 459 164,246 160,000 17,500 146,746
336 New Library Development ‐ 19,960,000 19,923,418 19,923,418 11,960,000 663,112 19,260,306
ENTERPRISE FUNDS:
402 Airport 1,295,036 432,010 649,846 1,944,882 1,125,756 765,007 1,179,875
403 Solid Waste Utility 961,788 15,015,942 10,114,401 11,076,189 14,951,710 8,938,158 2,138,031
404 Golf Course 630,924 2,483,545 1,542,206 2,173,130 2,504,738 1,264,557 908,573
422 Airport Capital 66,313 3,433,408 1,027,781 1,094,094 3,003,521 364,139 729,955
424 Golf Course Capital 257,680 100,000 67,418 325,098 220,000 112,186 212,912
INTERNAL SERVICE FUNDS:
501 Equipment Repair/Replacement 5,293,107 3,240,401 2,317,121 7,610,228 4,591,337 2,989,885 4,620,343
502 I nsurance 6,690,024 3,178,883 2,048,863 8,738,887 3,018,564 2,286,990 6,451,897
503 Information Services 1,949,165 4,119,051 2,732,518 4,681,683 5,633,307 2,649,633 2,032,050
504 Facilities 241,046 4,243,673 2,904,735 3,145,781 4,256,261 2,832,345 313,436
505 Communications 70,214 953,941 646,212 716,426 957,746 604,039 112,387
512 Insurance, Healthcare 6,201,894 11,248,058 7,368,704 13,570,598 10,844,696 6,510,710 7,059,888
522 Insurance, Leoff1 Retirees HC 3,371,037 2,935,684 2,273,040 5,644,077 2,261,732 554,610 5,089,467
FIDUCIARY FUNDS:
611 Firemen's Pension 4,286,248 300,000 119,572 4,405,820 565,475 191,008 4,214,812
Funds
Balance
01/01/2011
Budgeted
Revenue
Revenue
08/31/11
Total Funds
Available
Budgeted
Expenditure
Expenditure
08/31/11
Ending
Balance
ENTERPRISE FUNDS: COMBINED UTILITIES 11,402,622 46,660,496 27,159,619 38,562,241 50,069,800 25,250,943 13,311,298
405 Water Utility 4,695,116 9,680,689 5,604,828 10,299,944 10,521,313 6,465,083 3,834,861
406 Waste Water Utility 681,616 4,931,139 3,823,635 4,505,251 5,141,813 3,483,770 1,021,481
407 Surface Water Utility 1,462,126 5,353,933 3,575,460 5,037,586 5,092,613 2,926,362 2,111,224
416 King County Metro 671,616 13,156,760 8,586,228 9,257,844 13,156,760 8,465,620 792,224
425 Water Utility Construction 2,064,638 4,997,301 2,387,826 4,452,464 6,067,301 1,081,166 3,371,298
426 Waste Water Construction ‐ 3,845,000 1,527,723 1,527,723 3,790,000 1,739,800 (212,077)
427 Surface Water Construction 1,811,737 4,695,674 1,653,868 3,465,605 6,300,000 1,089,142 2,376,463
461 Waterworks Bond Reserve ‐ ‐ ‐ ‐ ‐ ‐ ‐
471 Waterworks Rate Stabilization 15,773 ‐ 51 15,824 ‐ ‐ 15,824
481 Future W/S Bond Proceeds ‐ ‐ ‐ ‐ ‐ ‐ ‐
Page 13 of 36
City of Renton
General Government Financial Position
2011 Budget Year
General Government Summary
Revenues Expenditures
$ Difference
over (under)
w/beginning
balance
11,407,119
January 5,379,006 6,990,159 (1,611,153) 9,795,966
February 11,050,241 15,756,416 (4,706,175) 6,700,944
March 16,654,842 23,321,083 (6,666,241) 4,740,878
April 30,062,704 30,363,594 (300,889) 11,106,230
May 44,974,654 38,187,393 6,787,261 18,194,380
June 49,588,204 48,730,646 857,557 12,264,676
July 55,528,886 56,321,612 (792,726) 10,614,393
August 60,805,281 64,769,227 (3,963,946) 7,443,173
September
October
November
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 ‐ 2011 Budget Year
General
Government Budget
YTD
Actual
Annual %
over (under)
Jan 5,718,975 5,379,006 ‐5.94%
Feb 10,949,126 11,050,241 0.92%
Mar 16,248,590 16,654,842 2.50%
Apr 29,068,549 30,062,704 3.42%
May 44,710,381 44,974,654 0.59%
Jun 49,651,162 49,588,204 ‐0.13%
Jul 55,628,262 55,528,886 ‐0.18%
Aug 60,924,993 60,805,281 ‐0.20%
Sep 66,360,170
Oct 78,938,292
Nov 93,222,007
Dec 99,469,734
Percent of budget 61.13%
YTD Annual %
$‐
$10
$20
$30
$40
$50
$60
$70
$80
$90
$100
$110
Millions
Total Revenue
General Government
Budget
Actual
Last Year
$33
Millions Property Tax
Property Tax Budget Actual over (under)
Jan 222,520 505,501 127.17%
Feb 498,052 841,695 69.00%
Mar 1,055,236 1,586,980 50.39%
Apr 7,832,248 9,205,472 17.53%
May 16,721,331 17,054,953 2.00%
Jun 16,838,319 17,109,916 1.61%
Jul 16,927,805 17,221,992 1.74%
Aug 17,079,566 17,247,946 0.99%
Sep 17,579,783
Oct 24,763,004
Nov 31,792,494
Dec 32,046,525
Percent of budget 53.82%
$‐
$3
$6
$9
$12
$15
$18
$21
$24
$27
$30
$33
Budget
Actual
Last Year
Page 15 of 36
City of Renton
Monthly Revenue Analysis ‐ 2011 Budget Year
Sales Tax Budget
YTD
Actual
Annual %
over (under)
Jan 1,568,911 1,498,057 ‐4.52%
Feb 3,521,649 3,683,690 4.60%
Mar 5,022,242 5,136,541 2.28%
Apr 6,546,191 6,539,777 ‐0.10%
May 8,255,967 8,305,195 0.60%
Jun 9,842,667 9,830,419 ‐0.12%
Jul 11,428,235 11,435,443 0.06%
Aug 13,153,559 13,145,959 ‐0.06%
Sep 14,798,459
Oct 16,517,368
Nov 18,234,679
Dec 19,879,280
Percent of budget 66.13%
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 1,449,257 1,363,023 ‐5.95%
Feb 2,751,779 2,811,298 2.16%
Mar 4,098,738 4,292,138 4.72%
Apr 5,420,381 5,662,856 4.47%
May 6,702,223 6,954,386 3.76%
Jun 7,923,403 8,157,861 2.96%
Jul 9,116,434 9,346,387 2.52%
Aug 10,307,012 10,512,250 1.99%
Sep 11,443,772
Oct 12,636,818
Nov 13,794,401
Dec 15,166,600
Percent of budget 69.31%
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 ‐ 2011 Budget Year
Licenses &
Permits Budget
YTD
Actual
Annual %
over (under)
Jan 469,355 185,889 ‐60.39%
Feb 583,113 322,341 ‐44.72%
Mar 741,647 539,342 ‐27.28%
Apr 1,010,644 778,404 ‐22.98%
May 1,187,535 957,261 ‐19.39%
Jun 1,393,028 1,117,984 ‐19.74%
Jul 1,693,253 1,363,681 ‐19.46%
Aug 1,895,469 1,693,888 ‐10.63%
Sep 2,064,907
Oct 2,302,673
Nov 2,462,856
Dec 2,612,987
Percent of budget 64.83%
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 561,321 565,843 0.81%
Feb 1,138,597 1,079,643 ‐5.18%
Mar 1,636,573 1,648,102 0.70%
Apr 2,628,148 2,707,888 3.03%
May 4,918,239 5,258,407 6.92%
Jun 5,433,811 5,771,371 6.21%
Jul 5,896,467 6,317,671 7.14%
Aug 6,638,345 7,081,699 6.68%
Sep 7,104,619
Oct 7,741,117
Nov 10,924,933
Dec 12,014,671
Percent of budget 58.94%
Note: Includes CJ Sales Tax.
$‐
$1
$2
$3
$4
$5
$6
$7
$8
$9
$10
$11
$12
$13
Millions
Budget
Actual
Last Year
Page 17 of 36
City of Renton
Monthly Revenue Analysis ‐ 2011 Budget Year
Charges for
Services Budget
YTD
Actual
Annual %
over (under)
Jan 447,067 323,609 ‐27.62%
Feb 884,119 786,123 ‐11.08%
Mar 1,363,364 1,257,415 ‐7.77%
Apr 2,006,320 1,778,657 ‐11.35%
May 2,526,347 2,308,859 ‐8.61%
Jun 3,132,602 2,821,799 ‐9.92%
Jul 3,941,618 3,516,730 ‐10.78%
Aug 4,487,827 4,160,030 ‐7.30%
Sep 4,949,440
Oct 5,447,614
Nov 5,842,063
Dec 6,366,817
Percent of budget 65.34%
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 223,938 165,721 ‐26.00%
Feb 434,759 430,461 ‐0.99%
Mar 694,630 746,372 7.45%
Apr 968,114 1,039,081 7.33%
May 1,225,734 1,297,817 5.88%
Jun 1,573,479 1,562,659 ‐0.69%
Jul 1,812,769 1,812,194 ‐0.03%
Aug 2,098,788 1,998,200 ‐4.79%
Sep 2,307,490
Oct 2,555,419
Nov 2,852,584
Dec 3,170,351
Percent of budget 63.03%
$‐
$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 ‐ 2011 Budget Year
Other Taxes Budget
YTD
Actual
Annual %
over (under)
Jan 595,443 628,259 5.51%
Feb 855,646 880,840 2.94%
Mar 1,219,558 1,132,303 ‐7.15%
Apr 1,961,768 1,796,896 ‐8.40%
May 2,361,633 2,186,455 ‐7.42%
Jun 2,528,643 2,419,406 ‐4.32%
Jul 3,648,277 3,543,760 ‐2.86%
Aug 3,993,321 3,860,151 ‐3.33%
Sep 4,193,423
Oct 4,969,350
Nov 5,246,008
Dec 6,075,921
Percent of budget 63.53%
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 181,164 143,105 ‐21.01%
Feb 280,604 213,343 ‐23.97%
Mar 413,428 312,474 ‐24.42%
Apr 527,586 386,523 ‐26.74%
May 643,655 483,606 ‐24.87%
Jun 817,044 628,624 ‐23.06%
Jul 994,876 802,501 ‐19.34%
Aug 1,102,019 936,071 ‐15.06%
Sep 1,226,190
Oct 1,312,806
Nov 1,379,867
Dec 1,444,459
Percent of budget 64.80%
$‐
$0.20
$0.40
$0.60
$0.80
$1.00
$1.20
$1.40
$1.60 Budget
Actual
Last Year
Page 19 of 36
City of Renton
Monthly Revenue Analysis ‐ 2011 Budget Year
Other
Financing Budget
YTD
Actual
Annual %
over (under)
Jan ‐ ‐ N/A
Feb 808 808 0.00%
Mar 3,175 3,175 0.00%
Apr 167,151 167,151 0.00%
May 167,716 167,716 0.00%
Jun 168,166 168,166 0.00%
Jul 168,527 168,527 0.00%
Aug 169,086 169,086 0.00%
Sep 692,088
Oct 692,123
Nov 692,123
Dec 692,123
Percent of budget 24.43%
YTD Annual % Millions
Real Estate Excise Tax
$‐
$1.00
$2.00
$3.00
$4.00
$5.00
$6.00
$7.00
$8.00
Millions Other Financing Sources
Budget
Actual
Last Year
REET Budget Actual over (under)
Jan 64,803 161,911 149.85%
Feb 162,288 261,588 61.19%
Mar 443,274 403,288 ‐9.02%
Apr 699,373 514,275 ‐26.47%
May 896,426 671,794 ‐25.06%
Jun 1,070,698 900,300 ‐15.91%
Jul 1,206,778 1,017,867 ‐15.65%
Aug 1,397,066 1,177,391 ‐15.72%
Sep 1,508,909
Oct 1,675,542
Nov 1,860,141
Dec 2,240,000
Percent of budget 52.56%
$‐
$0.50
$1.00
$1.50
$2.00
$2.50
Millions
Budget
Actual
Last Year
Page 20 of 36
City of Renton
Monthly Expenditure Analysis ‐ 2011 Budget Year
General
Government Budget
YTD
Actual
Annual %
over (under)
Jan 7,124,579 6,990,159 ‐1.89%
Feb 16,881,946 15,756,416 ‐6.67%
Mar 24,548,143 23,321,083 ‐5.00%
Apr 32,233,750 30,363,594 ‐5.80%
May 40,377,780 38,187,393 ‐5.42%
Jun 50,931,591 48,730,646 ‐4.32%
Jul 59,069,604 56,321,612 ‐4.65%
Aug 67,231,846 64,769,227 ‐3.66%
Sep 77,163,502
Oct 84,533,466
Nov 92,590,936
Dec 101,299,304
Percent of budget expended 63.94%
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 22,585 22,021 ‐2.50%
Feb 45,866 44,576 ‐2.81%
Mar 69,289 67,521 ‐2.55%
Apr 93,250 89,659 ‐3.85%
May 116,460 112,072 ‐3.77%
Jun 139,640 134,795 ‐3.47%
Jul 162,401 158,140 ‐2.62%
Aug 185,324 180,746 ‐2.47%
Sep 207,934
Oct 229,314
Nov 252,426
Dec 276,567
Percent of budget expended 65.35%
$‐
$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 ‐ 2011 Budget Year
Executive Budget
YTD
Actual
Annual %
over (under)
Jan 106,657 112,718 5.68%
Feb 235,853 229,987 ‐2.49%
Mar 363,260 346,789 ‐4.53%
Apr 489,917 480,072 ‐2.01%
May 613,510 605,772 ‐1.26%
Jun 732,054 729,119 ‐0.40%
Jul 861,982 862,086 0.01%
Aug 981,310 994,268 1.32%
Sep 1,117,720
Oct 1,240,172
Nov 1,357,062
Dec 1,478,297
Percent of budget expended 67.26%
YTD Annual %
$‐
$0.30
$0.60
$0.90
$1.20
$1.50
$1.80
Millions Executive
Budget
Actual
Last Year
$0 80
Millions City Clerk
City Clerk Budget Actual over (under)
Jan 51,261 49,604 ‐3.23%
Feb 103,499 98,230 ‐5.09%
Mar 159,969 154,386 ‐3.49%
Apr 279,463 315,627 12.94%
May 379,294 369,865 ‐2.49%
Jun 433,303 420,930 ‐2.86%
Jul 483,600 474,938 ‐1.79%
Aug 531,809 525,691 ‐1.15%
Sep 581,018
Oct 675,052
Nov 724,620
Dec 786,947
Percent of budget expended 66.80%
$‐
$0.20
$0.40
$0.60
$0.80
Budget
Actual
Last Year
Page 22 of 36
City of Renton
Monthly Expenditure Analysis ‐ 2011 Budget Year
Hearing
Examiner Budget
YTD
Actual
Annual %
over (under)
Jan 14,425 14,189 ‐1.64%
Feb 28,701 21,908 ‐23.67%
Mar 42,850 23,616 ‐44.89%
Apr 57,329 25,472 ‐55.57%
May 71,432 28,865 ‐59.59%
Jun 85,716 33,294 ‐61.16%
Jul 100,206 37,133 ‐62.94%
Aug 114,341 39,784 ‐65.21%
Sep 128,494
Oct 142,100
Nov 156,260
Dec 170,717
Percent of budget expended 23.30%
YTD Annual % $1 60
Millions City Attorney
$‐
$30,000
$60,000
$90,000
$120,000
$150,000
$180,000
Hearing Examiner
Budget
Actual
Last Year
City Attorney Budget Actual over (under)
Jan 102,294 130,446 27.52%
Feb 242,731 264,464 8.95%
Mar 393,158 395,280 0.54%
Apr 537,598 528,480 ‐1.70%
May 677,661 657,439 ‐2.98%
Jun 817,578 790,004 ‐3.37%
Jul 955,999 923,755 ‐3.37%
Aug 1,097,634 1,056,642 ‐3.73%
Sep 1,232,013
Oct 1,366,319
Nov 1,499,225
Dec 1,588,429
Percent of budget expended 66.52%
$‐
$0.40
$0.80
$1.20
$1.60 Budget
Actual
Last Year
Page 23 of 36
City of Renton
Monthly Expenditure Analysis ‐ 2011 Budget Year
Court Services Budget
YTD
Actual
Annual %
over (under)
Jan 172,706 163,613 ‐5.26%
Feb 350,541 326,156 ‐6.96%
Mar 536,403 490,833 ‐8.50%
Apr 715,028 661,478 ‐7.49%
May 892,550 831,527 ‐6.84%
Jun 1,075,642 1,040,289 ‐3.29%
Jul 1,258,557 1,209,319 ‐3.91%
Aug 1,434,869 1,384,788 ‐3.49%
Sep 1,614,729
Oct 1,775,894
Nov 1,948,024
Dec 2,134,452
Percent of budget expended 64.88%
YTD Annual %
$‐
$0.20
$0.40
$0.60
$0.80
$1.00
$1.20
$1.40
$1.60
$1.80
$2.00
$2.20
Millions Court Services
Budget
Actual
Last Year
Millions
Community & Economic
Dl Ad iCED Admin Budget Actual over (under)
Jan 74,367 77,455 4.15%
Feb 157,395 155,007 ‐1.52%
Mar 236,397 232,560 ‐1.62%
Apr 315,098 310,112 ‐1.58%
May 393,089 387,665 ‐1.38%
Jun 470,768 465,217 ‐1.18%
Jul 548,159 542,926 ‐0.95%
Aug 625,262 620,791 ‐0.72%
Sep 702,073
Oct 775,757
Nov 851,215
Dec 926,674
Percent of budget expended 66.99%
$‐
$0.10
$0.20
$0.30
$0.40
$0.50
$0.60
$0.70
$0.80
$0.90
$1.00
Millions Development Admin
Budget
Actual
Last Year
Page 24 of 36
City of Renton
Monthly Expenditure Analysis ‐ 2011 Budget Year
Development
Services Budget
YTD
Actual
Annual %
over (under)
Jan 280,682 231,587 ‐17.49%
Feb 554,483 474,633 ‐14.40%
Mar 819,050 716,400 ‐12.53%
Apr 1,085,863 953,343 ‐12.20%
May 1,351,209 1,220,807 ‐9.65%
Jun 1,609,891 1,431,566 ‐11.08%
Jul 1,871,519 1,673,333 ‐10.59%
Aug 2,118,179 1,876,800 ‐11.40%
Sep 2,389,591
Oct 2,630,325
Nov 2,880,148
Dec 3,137,985
Percent of budget expended 59.81%
Economic YTD Annual %
$‐
$0.50
$1.00
$1.50
$2.00
$2.50
$3.00
$3.50
Millions
Development Services
Budget
Actual
Last Year
Millions
Economic Development
Development Budget Actual over (under)
Jan 52,199 68,491 31.21%
Feb 121,977 123,830 1.52%
Mar 182,348 179,805 ‐1.39%
Apr 237,281 234,834 ‐1.03%
May 300,891 297,953 ‐0.98%
Jun 361,363 357,808 ‐0.98%
Jul 431,784 430,038 ‐0.40%
Aug 490,780 484,313 ‐1.32%
Sep 560,100
Oct 618,615
Nov 684,023
Dec 749,128
Percent of budget expended 64.65%
$‐
$0.20
$0.40
$0.60
$0.80
$1.00
$1.20
$1.40
Millions
Budget
Actual
Last Year
Page 25 of 36
City of Renton
Monthly Expenditure Analysis ‐ 2011 Budget Year
Planning Budget
YTD
Actual
Annual %
over (under)
Jan 109,960 104,320 ‐5.13%
Feb 217,044 258,972 19.32%
Mar 331,808 348,727 5.10%
Apr 436,143 475,330 8.98%
May 555,730 581,947 4.72%
Jun 713,155 685,502 ‐3.88%
Jul 829,502 795,138 ‐4.14%
Aug 966,634 951,339 ‐1.58%
Sep 1,136,529
Oct 1,271,607
Nov 1,370,979
Dec 1,533,697
Percent of budget expended 62.03%
YTD Annual % $2 40
Millions Finance
$‐
$0.20
$0.40
$0.60
$0.80
$1.00
$1.20
$1.40
$1.60
$1.80
Millions
Planning
Budget
Actual
Last Year
Finance Budget Actual over (under)
Jan 185,479 155,421 ‐16.21%
Feb 339,681 315,453 ‐7.13%
Mar 514,316 467,036 ‐9.19%
Apr 669,701 620,994 ‐7.27%
May 859,496 770,959 ‐10.30%
Jun 1,017,256 930,622 ‐8.52%
Jul 1,179,972 1,076,398 ‐8.78%
Aug 1,345,514 1,245,218 ‐7.45%
Sep 1,510,764
Oct 1,621,863
Nov 1,765,760
Dec 2,088,212
Percent of budget expended 59.63%
$‐
$0.40
$0.80
$1.20
$1.60
$2.00
$2.40 Budget
Actual
Last Year
Page 26 of 36
City of Renton
Monthly Expenditure Analysis ‐ 2011 Budget Year
Human
Resources Budget
YTD
Actual
Annual %
over (under)
Jan 78,242 86,565 10.64%
Feb 154,839 155,437 0.39%
Mar 236,793 221,683 ‐6.38%
Apr 317,732 282,721 ‐11.02%
May 397,739 342,697 ‐13.84%
Jun 481,078 417,784 ‐13.16%
Jul 563,166 491,235 ‐12.77%
Aug 644,689 561,242 ‐12.94%
Sep 726,325
Oct 803,567
Nov 878,678
Dec 973,851
Percent of budget expended 57.63%
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 2,318,662 2,369,174 2.18%
Feb 4,980,498 4,383,450 ‐11.99%
Mar 7,509,693 7,075,221 ‐5.79%
Apr 9,978,604 8,969,395 ‐10.11%
May 12,392,962 11,112,660 ‐10.33%
Jun 15,133,567 14,046,545 ‐7.18%
Jul 17,688,902 16,310,772 ‐7.79%
Aug 20,235,790 19,248,778 ‐4.88%
Sep 22,913,200
Oct 25,185,431
Nov 28,049,446
Dec 31,011,293
Percent of budget expended 62.07%
$‐
$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 ‐ 2011 Budget Year
Fire &
Emergency
Services Budget
YTD
Actual
Annual %
over (under)
Jan 1,948,185 1,754,253 ‐9.95%
Feb 4,592,145 4,132,293 ‐10.01%
Mar 6,422,692 5,900,678 ‐8.13%
Apr 8,140,156 7,652,583 ‐5.99%
May 9,912,008 9,538,569 ‐3.77%
Jun 11,712,250 11,333,418 ‐3.23%
Jul 13,546,868 13,191,127 ‐2.63%
Aug 15,384,403 15,170,911 ‐1.39%
Sep 17,224,095
Oct 18,916,100
Nov 20,805,510
Dec 22,676,137
Percent of budget expended 66.90%
Community YTD Annual %
$‐
$3
$6
$9
$12
$15
$18
$21
$24
Millions Fire & Emergency Services
Budget
Actual
Last Year
$1 20
Millions Community Services Admin
Services Admin Budget Actual over (under)
Jan 24,171 33,774 39.73%
Feb 69,201 67,558 ‐2.37%
Mar 103,855 102,208 ‐1.59%
Apr 138,500 136,129 ‐1.71%
May 172,991 170,164 ‐1.63%
Jun 207,552 204,042 ‐1.69%
Jul 241,961 238,509 ‐1.43%
Aug 275,415 272,651 ‐1.00%
Sep 309,116
Oct 342,587
Nov 375,962
Dec 409,872
Percent of budget expended 66.52%
$‐
$0.20
$0.40
$0.60
$0.80
$1.00
$1.20
Budget
Actual
Last Year
Page 28 of 36
City of Renton
Monthly Expenditure Analysis ‐ 2011 Budget Year
Parks Budget
YTD
Actual
Annual %
over (under)
Jan 238,049 261,191 9.72%
Feb 512,298 527,048 2.88%
Mar 806,940 799,401 ‐0.93%
Apr 1,112,020 1,109,451 ‐0.23%
May 1,434,676 1,422,731 ‐0.83%
Jun 1,775,143 1,750,372 ‐1.40%
Jul 2,134,704 2,093,871 ‐1.91%
Aug 2,540,816 2,435,040 ‐4.16%
Sep 2,881,349
Oct 3,226,442
Nov 3,536,345
Dec 3,911,658
Percent of budget expended 62.25%
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 60
Millions Parks Planning and Natural Resources
Resources Budget Actual over (under)
Jan 48,221 34,349 ‐28.77%
Feb 96,441 69,260 ‐28.18%
Mar 144,662 109,668 ‐24.19%
Apr 192,882 150,610 ‐21.92%
May 241,103 204,169 ‐15.32%
Jun 289,323 256,105 ‐11.48%
Jul 337,544 301,757 ‐10.60%
Aug 385,764 349,262 ‐9.46%
Sep 433,985
Oct 482,205
Nov 530,426
Dec 578,646
Percent of budget expended 60.36%
$‐
$0.10
$0.20
$0.30
$0.40
$0.50
$0.60
Budget
Actual
Last Year
Page 29 of 36
City of Renton
Monthly Expenditure Analysis ‐ 2011 Budget Year
Recreation Budget
YTD
Actual
Annual %
over (under)
Jan 295,457 361,259 22.27%
Feb 635,648 702,382 10.50%
Mar 1,005,300 1,058,705 5.31%
Apr 1,348,719 1,408,767 4.45%
May 1,716,986 1,763,066 2.68%
Jun 2,115,872 2,128,093 0.58%
Jul 2,772,164 2,702,061 ‐2.53%
Aug 3,487,773 3,341,666 ‐4.19%
Sep 3,976,507
Oct 4,329,308
Nov 4,783,398
Dec 5,177,897
Percent of budget expended 64.54%
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 59,080 53,756 ‐9.01%
Feb 125,735 118,956 ‐5.39%
Mar 197,870 177,533 ‐10.28%
Apr 389,222 369,358 ‐5.10%
May 472,589 499,658 5.73%
Jun 551,809 560,790 1.63%
Jul 755,219 694,753 ‐8.01%
Aug 834,905 770,871 ‐7.67%
Sep 897,360
Oct 1,056,218
Nov 1,157,557
Dec 1,358,385
Percent of budget expended 56.75%
$‐
$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 ‐ 2011 Budget Year
Neighborhoods
, Resources,
and Events Budget
YTD
Actual
Annual %
over (under)
Jan 41,588 36,383 ‐12.52%
Feb 84,789 73,402 ‐13.43%
Mar 128,116 110,686 ‐13.60%
Apr 172,462 157,589 ‐8.62%
May 226,912 198,703 ‐12.43%
Jun 289,150 252,486 ‐12.68%
Jul 374,553 304,660 ‐18.66%
Aug 424,012 369,016 ‐12.97%
Sep 470,393
Oct 508,406
Nov 545,765
Dec 685,003
Percent of budget expended 53.87%
YTD Annual % $2 50
Millions Library Fund
$‐
$100,000
$200,000
$300,000
$400,000
$500,000
$600,000
$700,000
Neighborhoods, Resources, and Events
Budget
Actual
Last Year
Library Fund Budget Actual over (under)
Jan 2,619 2,619 0.00%
Feb 5,119 5,119 0.00%
Mar 7,619 7,619 0.00%
Apr 10,119 10,119 0.00%
May 12,619 12,619 0.00%
Jun 1,815,119 1,815,119 0.00%
Jul 1,817,619 1,817,619 0.00%
Aug 1,820,119 1,820,119 0.00%
Sep 1,977,530
Oct 2,021,255
Nov 2,029,271
Dec 2,030,000
Percent of budget expended 89.66%
$‐
$0.50
$1.00
$1.50
$2.00
$2.50
Budget
Actual
Last Year
Page 31 of 36
City of Renton
Monthly Expenditure Analysis ‐ 2011 Budget Year
Museum Fund Budget
YTD
Actual
Annual %
over (under)
Jan 16,818 17,146 1.95%
Feb 34,325 34,638 0.91%
Mar 51,635 51,915 0.54%
Apr 69,255 69,499 0.35%
May 87,088 86,914 ‐0.20%
Jun 104,880 104,539 ‐0.33%
Jul 122,308 122,204 ‐0.08%
Aug 139,524 139,835 0.22%
Sep 156,721
Oct 173,773
Nov 190,524
Dec 207,513
Percent of budget expended 67.39%
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 36,025 37,289 3.51%
Feb 73,605 74,538 1.27%
Mar 112,016 111,889 ‐0.11%
Apr 152,983 149,219 ‐2.46%
May 189,927 187,166 ‐1.45%
Jun 226,584 224,646 ‐0.86%
Jul 264,203 262,362 ‐0.70%
Aug 304,561 300,269 ‐1.41%
Sep 340,210
Oct 375,268
Nov 411,886
Dec 450,620
Percent of budget expended 66.63%
$‐
$0.20
$0.40
$0.60
Budget
Actual
Last Year
Page 32 of 36
City of Renton
Monthly Expenditure Analysis ‐ 2011 Budget Year
Street
Maintenance Budget
YTD
Actual
Annual %
over (under)
Jan 291,313 279,841 ‐3.94%
Feb 591,618 597,149 0.93%
Mar 887,819 894,017 0.70%
Apr 1,208,483 1,168,482 ‐3.31%
May 1,508,949 1,455,914 ‐3.51%
Jun 1,824,363 1,755,569 ‐3.77%
Jul 2,161,928 2,050,768 ‐5.14%
Aug 2,489,084 2,335,142 ‐6.18%
Sep 2,775,665
Oct 3,065,897
Nov 3,345,901
Dec 3,675,414
Percent of budget expended 63.53%
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
$6
Millions Transportation
Transportation Budget Actual over (under)
Jan 329,399 308,560 ‐6.33%
Feb 715,903 689,957 ‐3.62%
Mar 1,109,163 1,101,787 ‐0.66%
Apr 1,480,840 1,429,170 ‐3.49%
May 1,859,714 1,787,292 ‐3.89%
Jun 2,251,115 2,164,571 ‐3.84%
Jul 2,592,807 2,544,732 ‐1.85%
Aug 3,014,474 2,935,188 ‐2.63%
Sep 3,388,140
Oct 3,788,174
Nov 4,154,514
Dec 4,582,866
Percent of budget expended 64.05%
$‐
$1
$2
$3
$4
$5
$6
Budget
Actual
Last Year
Page 33 of 36
City of Renton
Monthly Expenditure Analysis ‐ 2011 Budget Year
Debt Service Budget
YTD
Actual
Annual %
over (under)
Jan 4,600 4,600 0.00%
Feb 254,918 254,918 0.00%
Mar 390,380 390,380 0.00%
Apr 390,380 390,380 0.00%
May 390,380 390,380 0.00%
Jun 1,285,140 1,285,140 0.00%
Jul 1,285,140 1,285,140 0.00%
Aug 1,408,246 1,408,246 0.00%
Sep 3,536,276
Oct 3,929,196
Nov 4,322,115
Dec 4,715,035
Percent of budget expended 29.87%
Non‐
Departmental YTD Annual % $5 00
Millions Non‐Departmental Other City Services
$‐
$2
$4
$6
$8
$10
$12
Millions Debt Service
Budget
Actual
Last Year
Other City Budget Actual over (under)
Jan 219,534 219,534 0.00%
Feb 1,557,092 1,557,092 0.00%
Mar 1,784,740 1,784,740 0.00%
Apr 2,214,722 2,214,722 0.00%
May 3,149,818 3,149,818 0.00%
Jun 3,412,280 3,412,280 0.00%
Jul 3,726,837 3,726,837 0.00%
Aug 3,950,614 3,950,614 0.00%
Sep 3,975,663
Oct 3,982,621
Nov 3,983,897
Dec 3,984,013
Percent of budget expended 99.16%
$‐
$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 ‐ 2011 Budget Year
Utilities Budget Revenue Expense
Jan 3,430,390 4,058,961 2,857,743
Feb 7,860,086 8,549,030 7,011,826
Mar 11,116,422 13,634,112 11,834,545
Apr 17,408,265 18,015,133 15,336,879
May 21,535,365 22,882,500 18,961,840
Jun 29,848,986 27,295,181 25,779,962
Jul 37,504,616 32,465,110 30,257,045
Aug 41,995,045 37,273,969 34,189,101
Sep 47,230,328
Oct 52,727,982
Nov 57,440,986
Dec 64,992,510
Percent of budget expended 45.49%
Note: Operations and Capital
$0
$10
$20
$30
$40
$50
$60
$70
Millions Utilities
Budget
Revenue
Expense
$4 50
Millions Airport
Airport Budget Revenue Expense
Jan 218,852 209,097 131,908
Feb 498,982 403,084 236,317
Mar 755,905 600,802 352,561
Apr 985,741 829,701 480,730
May 1,254,433 1,015,908 580,136
Jun 1,548,024 1,267,422 777,458
Jul 1,778,232 1,465,484 906,102
Aug 2,062,285 1,677,627 1,129,146
Sep 2,401,670
Oct 3,216,748
Nov 3,508,481
Dec 4,129,277
Percent of budget expended 27.34%
Note: Operations and Capital
$‐
$0.50
$1.00
$1.50
$2.00
$2.50
$3.00
$3.50
$4.00
$4.50
Budget
Revenue
Expense
Page 35 of 36
City of Renton
Monthly Enterprise Fund Financial Report ‐ 2011 Budget Year
Golf Course Budget Revenue Expense
Jan 152,642 64,531 126,007
Feb 320,835 154,907 258,005
Mar 548,995 255,829 534,432
Apr 693,450 406,663 682,305
May 890,179 680,144 872,514
Jun 1,146,318 960,222 1,030,949
Jul 1,320,887 1,265,228 1,211,837
Aug 1,487,532 1,609,624 1,376,743
Sep 1,662,841
Oct 1,987,022
Nov 2,125,704
Dec 2,724,738
Percent of budget expended 50.53%
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