HomeMy WebLinkAbout201110, October.pdfFINANCE AND
INFORMATION TECHNOLOGY
M E M O R A N D U M
DATE: December 13, 2011
TO: Terri Briere, Council President
Members of the Renton City Council
CC: Denis Law, Mayor
Administrators
FROM: Hai Nguyen, Sr. Finance Analyst
SUBJECT: October 2011 Financial Status Report
At the end of October, general governmental revenues show $111k or 0.1% above budget. On
the positive side, we have $40k favorable sales tax collection, which is attributable to one‐time
activity that occurred in December 2010 (February 2011 sales tax receipt), the collection
through the state’s sales tax Amnesty Program and a 3.8% ($55k) overpayment from the
Washington State Department of Revenue. 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 ($259k);
state shared revenues ($561k); and public safety ($56k, 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: interfund service charges
($259k below, which includes a correction that was processed in July); culture and recreation
service charges/fees ($127k below); fines and forfeitures ($71k below) and interest earnings
($171k below). Therefore, we believe the overall revenue collection will be very close to
budget for the year.
General government expenditures showed favorable variances of $3 million or 3.7%. $2.1
million of the saving is related to SCORE jail start up costs. Most of these savings are due to the
delayed payment of billing from SCORE (June, July, August, and September invoices totalling $2
million are currently under review for payment, $1 million was already paid in November).
While we still expect to realize part of the savings this year, it will be substantially less than the
$2.1 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 22,040,882 31,497,128 24,338,474 32,046,525 24,763,004 24,730,752 (32,252) ‐0.1%
Sales Tax 17,995,836 15,043,188 17,198,220 14,286,571 17,759,600 14,756,456 14,796,945 40,489 0.3%
Sales Tax ‐ Annexation Credit 2,132,110 1,784,145 2,025,660 1,682,805 2,119,680 1,760,911 1,685,852 (75,059) ‐4.3%
Criminal Justice Sales Tax 1,650,350 1,371,232 1,620,479 1,342,404 1,804,005 1,494,437 1,511,674 17,237 1.2%
Natural Gas Use Tax 242,891 202,662 228,514 197,823 258,750 223,998 219,454 (4,544) ‐2.0%
Admission Tax 260,269 259,749 291,399 290,937 280,000 279,556 308,200 28,644 10.2%
Franchise Fees 1,039,031 1,039,031 1,222,444 1,177,275 1,260,000 1,213,444 1,187,337 (26,107) ‐2.2%
Electricity Tax 4,963,151 4,130,917 5,036,907 4,132,699 4,968,000 4,076,161 4,253,979 177,817 4.4%
Natural Ga s Utility Tax 1,891,255 1,623,688 1,577,756 1,273,974 1,656,000 1,337,153 1,529,264 192,112 14.4%
Transfer Station 283,985 204,686 269,912 238,487 238,050 210,335 229,158 18,824 8.9%
TV Cable 1,263,743 1,039,162 1,296,744 1,138,067 1,366,200 1,199,024 1,136,842 (62,182) ‐5.2%
Telephone 1,037,873 850,792 1,038,009 860,359 1,000,000 828,855 806,570 (22,284) ‐2.7%
Cellular Phone 2,027,473 1,639,721 2,206,637 1,848,037 2,202,000 1,844,153 1,759,414 (84,739) ‐4.6%
City Utilities 2,871,599 2,416,173 2,853,884 2,393,944 3,477,600 2,917,141 2,956,654 39,514 1.4%
Leasehold Excise Tax 146,002 104,957 138,830 104,082 145,000 108,708 123,748 15,041 13.8%
Gambling Excise Tax 2,141,720 1,856,781 1,546,386 1,305,148 1,600,000 1,350,398 1,361,499 11,101 0.8%
Real Estate Excise Tax 2,418,456 2,074,791 2,464,489 1,843,473 2,240,000 1,686,513 1,572,835 (113,678) ‐6.7%
Less: Municipal Facilities CIP REET (1,000,000) (1,006,533) (400,000) (400,000) (400,000) (400,000) (280,863) 119,137 ‐29.8%
EMS Levy 1,170,657 975,548 1,161,114 870,794 950,921 727,762 727,762 ‐ 0.0%
Business License Fees 424,413 401,554 431,782 407,410 463,067 436,929 421,473 (15,456) ‐3.5%
Other Licenses and Permits 176,851 140,889 262,629 203,462 210,255 162,887 158,673 (4,215) ‐2.6%
Building Permits & Development Svc Fees 2,361,037 1,903,898 2,437,270 2,141,711 2,706,044 2,376,497 2,327,048 (49,449) ‐2.1%
Intergovt'l (Grants, State Shared, etc) 3,820,932 3,390,259 4,426,676 3,696,624 4,282,204 3,032,530 3,576,821 544,291 17.9%
Fire District 25 and 40 Contracts 5,869,198 3,050,973 5,252,877 2,770,532 5,928,462 3,877,364 3,877,364 ‐ 0.0%
Public Safety 521,484 446,824 482,343 384,944 426,081 340,043 395,894 55,850 16.4%
Culture and Recreation 1,631,486 1,495,673 1,424,932 1,307,790 1,628,486 1,494,610 1,367,121 (127,489) ‐8.5%
Interfund/Interdept‐Services 3,225,745 2,670,992 3,190,908 2,651,099 3,314,653 2,753,909 2,494,993 (258,917) ‐9.4%
Fines and Forfeits 1,349,034 1,049,597 1,291,817 995,201 1,088,750 841,301 893,279 51,978 6.2%
Photo Enforcement 2,368,131 1,931,597 1,925,159 1,558,745 1,900,908 1,539,110 1,510,396 (28,713) ‐1.9%
Seizure Funds ‐ Federal/State/Local 99,844 93,913 221,046 214,093 180,693 175,009 80,903 (94,106) ‐53.8%
Interests and Other Earnings 535,314 463,195 327,558 280,012 477,730 408,387 237,036 (171,350) ‐42.0%
Rents, Leases, and Concessions 677,960 610,157 727,338 666,168 698,929 640,148 649,692 9,543 1.5%
Contributions and Donations 150,406 120,210 133,756 127,729 146,800 140,186 181,300 41,114 29.3%
Other Miscellaneous 355,086 212,844 290,239 250,672 352,218 309,496 227,925 (81,571) ‐26.4%
Other Financing Sources (Transfer‐In, etc) 578,206 537,923 653,595 653,436 692,123 698,929 698,929 ‐ 0.0%
Total Operating Revenues 97,342,052 76,172,071 96,754,435 77,234,978 99,469,734 79,605,343 79,715,923 110,580 0.1%
OPERATING EXPENDITURES
Legislative 247,225 205,705 259,345 214,315 276,567 229,314 226,026 3,288 1.4%
Executive 1,499,747 1,259,757 1,578,526 1,322,666 1,478,297 1,240,172 1,256,119 (15,947) ‐1.3%
City Clerk 646,581 545,731 789,209 685,906 786,947 675,052 629,142 45,910 6.8%
Hearing Examiner 171,911 143,323 174,447 144,975 170,717 142,100 47,132 94,968 66.8%
City Attorney 1,248,380 1,114,442 1,565,597 1,306,058 1,588,429 1,366,319 1,320,953 45,367 3.3%
Court Services 1,819,731 1,526,494 2,007,599 1,657,900 2,134,452 1,775,894 1,729,013 46,881 2.6%
Community and Eco Dvlpmnt Admin 265,269 223,559 579,396 483,545 926,674 775,757 775,550 207 0.0%
Development Services 3,615,129 3,043,090 2,946,413 2,456,933 3,137,985 2,630,325 2,342,934 287,392 10.9%
Economic Development 1,244,175 1,039,705 1,322,004 1,079,397 749,128 618,615 604,858 13,757 2.2%
Planning 1,525,460 1,222,164 1,774,508 1,513,880 1,533,697 1,271,607 1,200,417 71,190 5.6%
Finance 1,969,936 1,687,645 2,214,458 1,562,272 2,088,212 1,621,863 1,564,657 57,206 3.5%
Human Resources 853,063 703,950 861,221 710,580 973,851 803,567 714,653 88,914 11.1%
Police 22,515,895 18,555,885 23,946,386 19,826,238 24,508,179 20,246,013 20,539,728 (293,715) ‐1.5%
Jail Services 3,317,861 2,610,418 3,539,035 2,597,714 6,503,114 4,939,418 2,878,331 2,061,086 41.7%
Fire 20,378,891 17,094,417 21,554,792 17,886,044 22,676,137 18,916,100 18,890,028 26,071 0.1%
Community Services Admin 1 4,459,381 3,729,514 1,063,011 886,316 409,872 342,587 340,122 2,465 0.7%
Parks 3,894,745 3,201,821 3,421,424 2,832,755 3,911,658 3,226,442 3,168,880 57,562 1.8%
Parks Planning & Natural Resources ‐ ‐ 448,574 364,453 578,646 482,205 455,741 26,464 5.5%
Recreation 4,374,668 3,642,560 4,433,420 3,721,997 5,177,897 4,329,308 4,226,441 102,867 2.4%
Human Services 1,194,142 944,494 1,326,778 1,015,658 1,358,385 1,056,218 1,010,405 45,813 4.3%
Neighborhoods, Resources, & Events 348,185 252,448 331,222 251,804 685,003 508,406 464,006 44,400 8.7%
Library 2,321,878 1,697,165 2,289,692 2,280,221 2,030,000 2,025,119 2,025,119 ‐ 0.0%
Museum 140,801 118,644 191,090 159,284 207,513 173,773 175,314 (1,541) ‐0.9%
Public Works Admin 1 942,026 784,121 514,858 429,145 450,620 375,268 376,995 (1,727) ‐0.5%
Street Maintenance 3,794,716 3,199,055 3,412,892 2,813,270 3,675,414 3,065,897 2,940,646 125,251 4.1%
Transportation 5,110,639 4,270,922 5,215,309 4,264,455 4,582,866 3,788,174 3,673,999 114,175 3.0%
Debt Service 4,176,822 1,165,568 4,707,100 1,303,524 4,715,035 1,398,850 1,398,850 ‐ 0.0%
Non‐Departmental and Other 5,126,072 3,321,869 4,834,296 2,784,616 3,984,013 4,472,604 4,472,604 ‐ 0.0%
Total Operating Expenditures 97,203,328 77,304,467 97,302,601 76,555,920 101,299,304 82,496,966 79,448,662 3,048,304 3.7%
Total Ending Fund Balance 11,955,285$ 10,684,166$ 11,407,119$ 12,634,343$ 9,577,549$ 8,515,495$ 11,674,380$ 3,158,884 37.1%
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 October 2011
Page 1 of 36
Monthly Financial Report October 2011
OVERVIEW
This financial overview reflects the City’s overall financial position for the fiscal year through October 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
October’s collection is $7 million,
making the total year‐to‐date
collection $24.7 million or 77% of
the total budget. In comparison
to the previous year, the City
collected $392k or 2% more.
Compared to the budget, the City
is below projections by $32k. 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
October 2011 sales tax receipts totaled
$1.5 million. Compared to the same
month last year, it is $70k or 5% more.
Compared to the projected current
month’s budget, it is $22k or 1%
below. The year‐to‐date collection is
$14.8 million or 83% of the sales tax
budget. In early October, we received
notice from the Washington State
Department of Revenue (DOR) that
July 2011’s distribution was overstated
by approximately 3.8% or $55k. This
means we are only $14k less the year‐
to‐date budget and $456k or 3% more
than last year. DOR will correct this
error in November 2011’s distribution.
Based on the revised year‐to‐date collection of $14.7 million, the City projects sales tax revenues to be very close to the
budget projection at the end of 2011.
2010 2011 2011
Actual Budget Actual $ % $ %
Jan 218,705$ 222,520$ 505,501$ 286,797$ 131% 282,982$ 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% (62,024) ‐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 491,642 500,217 467,946 (23,696) ‐5% (32,271) ‐6%
Oct 7,060,074 7,183,221 7,014,860 (45,214) ‐1% (168,361) ‐2%
Nov 7,288,083 7,029,489
Dec (129,429) 254,031
YTD Total 24,338,474$ 24,763,004$ 24,730,752$ 392,278$ 2% (32,252)$ 0%
Annual Total 31,497,128$ 32,046,525$
Property Tax Revenues
Year to Date through October
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 1,472,399 63,523 5%310 0%
Oct 1,447,338 1,539,380 1,517,444 70,106 5% (21,936) ‐1%
Nov 1,508,617 1,530,976 ‐
Dec 1,403,032 1,472,168 ‐
YTD Total 14,286,571$ 14,756,456$ 14,796,945$ 510,374$ 4% 40,489$ 0%
Annual Total 17,198,220$ 17,759,600$
2011 vs. Budget2011 vs. 2010
Month
Year to Date through October
Local Retail Sales Tax Revenues
Page 2 of 36
Monthly Financial Report October 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 1,860,961$ 1,411,118$ 1,285,755$ (575,207)$ ‐31%$ (125,363)‐9%
Auto Sales 2,513,520 2,915,687 2,676,092 162,573 6% (239,595)‐8%
General Retail 5,002,075 5,208,773 5,075,322 73,247 1% (133,451)‐3%
Manufacturing 633,348 683,740 880,316 246,968 39% 196,576 29%
Wholesale 771,420 907,617 962,329 190,909 25% 54,712 6%
Service 3,063,765 3,170,997 3,283,040 219,274 7% 112,043 4%
Other 441,482 458,524 634,092 192,610 44% 175,567 38%
Total 14,286,571$ 14,756,456$ 14,796,945$ 510,374$ 4%40,489$ 0%
Note: Excludes Annexation Credit and Criminal Justice Sales Tax revenue.
Utility tax
October utility tax revenues are $1.2
million, which is $64k or 6% higher than
the same month last year and also
ahead of the budget by $10k or 1%.
The year‐to‐date collection is $12.9
million, which is $808k or 7% higher
than the prior year and is also $255k or
2% higher than the budget. Based on
collections so far the City is projecting
utility taxes to meet the 2011 budget at
the end of the year.
The table below breaks out Utility Tax by source.
Utility Tax by Type 2010 2011 Bgt YTD Act Change 2011/2010 2011 Act vs Bgt
Electrical 4,132,699$ 4,076,161$ 4,253,979$ 121,280$ 3%$ 177,817 4%
Natural Gas 1,471,797 1,561,150 1,748,718 276,921 19% 187,567 12%
Cell 1,848,037 1,844,153 1,759,414 (88,623) ‐5% (84,739)‐5%
Phone 860,359 828,855 806,570 (53,789) ‐6% (22,284)‐3%
Cable 1,138,067 1,199,024 1,136,842 (1,225) 0% (62,182)‐5%
Transfer Station 238,487 210,335 229,158 (9,328) ‐4% 18,824 9%
City Utilities 2,393,944 2,917,141 2,956,654 562,710 24% 39,514 1%
YTD Total 12,083,388$ 12,636,818$ 12,891,335$ 807,947$ 7%254,516$ 2%
Annual Total 14,508,363$ 15,166,600$
YTD as % of 83% 83%
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 1,176,526 94,295 9%39,766 3%
Oct 1,138,457 1,193,046 1,202,559 64,101 6% 9,512 1%
Nov 1,112,608 1,157,583
Dec 1,312,366 1,372,199
YTD Total 12,083,388$ 12,636,818$ 12,891,335$ 807,947$ 7% 254,516$ 2%
Annual Total 14,508,363$ 15,166,600$
2011 vs. Budget2011 vs. 2010
Year to Date through October
Utility Tax Revenues
Month
Page 3 of 36
Monthly Financial Report October 2011
Other Taxes
Real Estate Excise Tax
The City collected $190k in Real Estate
Excise Tax revenues (REET) in October.
This is $13k or 7% above the current
month’s budget and $6k or 3% ahead of
the same month last year. The year‐to‐
date collection is $1.6 million or 70% of
the total budget, which is $271k or 15%
less than the prior year and is also $114k
or 7% 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
October’s Gambling Tax
collections total $93k. Year‐to‐
date total of $1.4 million is $56k
or 4% above the year before and
is also $11k or 1% above budget.
The decrease in October’s
collection from the previous
months is due to payment plans
with two establishments to remit
their portions by the end of the
year.
Pull tabs overall increased by 1%,
bingo reduced by 48%, and card‐
rooms are seeing 7% higher 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 94%
of the budget. This is $19k or 2%
below the projected year‐to‐date
budget but $17k 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 123,054 111,936 205,753 82,699 67% 93,817 84%
Oct 183,333 176,560 189,691 6,358 3% 13,132 7%
Nov 203,091 184,761
Dec 417,925 368,726
YTD Total 1,843,473$ 1,686,513$ 1,572,835$ (270,638)$ ‐15% (113,678)$ ‐7%
Annual Total 2,464,489$ 2,240,000$
Month
2011 vs. Budget2011 vs. 2010
Real Estate Excise Tax Revenues
Year to Date through October
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 105,323 108,974 125,618 20,296 19%16,644 15%
Oct 126,396 130,779 92,937 (33,459) ‐26% (37,841) ‐29%
Nov 121,757 125,978 ‐
Dec 119,481 123,624 ‐
YTD Total 1,305,148$ 1,350,398$ 1,361,499$ 56,351$ 4% 11,101$ 1%
Annual Total 1,546,386$ 1,600,000$
Year to Date through October
2011 vs. 2010 2011 vs. Budget
Gambling Tax Revenue
Month
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 289,316 298,204 292,692 3,377 1% (5,512) ‐2%
Dec 45,169 46,556 ‐
YTD Total 1,177,275$ 1,213,444$ 1,187,337$ 16,752$ 1% (19,211)$ ‐2%
Annual Total 1,222,444$ 1,260,000$
Franchise Fees Revenue
Year to Date through October
Month
2011 vs. 2010 2011 vs. Budget
Page 4 of 36
Monthly Financial Report October 2011
Admission Tax
Admission Tax returns are due
quarterly in January, April, July,
and October each year. October
2011 collections represent
activities conducted during the 3rd
quarter of 2011.
The report shows an increase of
$17k or 6% from the year before
and also a $29k or 10% more than
anticipated.
Licenses and Permits
Building Permits and Development Service Fees
Building Permits and Development Service
Fee revenues totaled $214k in October. 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 $2.3 million is
$185k or 9% more than 2010 but is $49k or
2% lower than budget.
Business Licenses
Business Licenses totaled $96k for October,
which is $12k or 15% above the same month
last year and is also $6k or 7% above the
current month’s budget. The year‐to‐date
Business Licenses revenue is under the budget
by $15k or 4% and but is $14k or 3% 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 86,112 13,039 18% 15,897 23%
Nov 462 444 ‐
YTD Total 290,937$ 279,556$ 308,200$ 17,263$ 6%28,644$ 10%
Annual Total 291,399$ 280,000$
Month
2011 vs. 2010 2011 vs. Budget
Admission Tax Revenue
Year to Date through October
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 4,135 (340) ‐8% (664) ‐14%
Oct 83,639 89,699 95,874 12,236 15% 6,175 7%
Nov 22,288 23,903 ‐
Dec 2,084 2,235 ‐
YTD Total 407,410$ 436,929$ 421,473$ 14,063$ 3% (15,456)$ ‐4%
Annual Total 431,782$ 463,067$
Business Licenses
Month
2011 vs. 2010
Year to Date through October
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 158,882 183,653 321,961 163,079 103% 138,308 75%
Oct 223,901 232,210 213,930 (9,972) ‐4% (18,281) ‐8%
Nov 125,748 143,854
Dec 169,811 185,693
YTD Total 2,141,711$ 2,376,497$ 2,327,048$ 185,337$ 9% (49,449)$ ‐2%
Annual Total 2,437,270$ 2,706,044$
Building Permits and Development Service Fees
Year to Date through October
2011 vs. Budget2011 vs. 2010
Month
Page 5 of 36
Monthly Financial Report October 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 $9 million or 75% 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 totaled $3.8 million
since the start of 2011.
Compared to the projected
budget, State Shared Revenues
are above by $562k or 17%.
Compared to the prior year, the
City is collecting $300k or 8%
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 $5.1 million or 81% of
the budget. This is 6% below budget projections. The following sections provide detail information for Public Safety,
Recreation, and Interfund Services.
Public Safety Services
Public Safety Services totaled $396k 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 $56k or 16%
more than anticipated revenue. Compared to
the prior year, the City is collecting $11k or 3%
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 30,743 (11,573) ‐27% (6,637) ‐18%
Oct 39,487 34,881 34,756 (4,731) ‐12% (125) 0%
Nov 24,065 21,258 ‐
Dec 73,334 64,780 ‐
YTD Total 384,944$ 340,043$ 395,894$ 10,949$ 3% 55,850$ 16%
Annual Total 482,343$ 426,081$
Month
2011 vs. 2010
Year to Date through October
Public Safety Services
2011 vs. Budget
Intergovernmental 2010 2011 Bgt YTD Act Change 2011/2010 2011 Act vs Bgt
Fire District #25 558,243$ 1,349,353$ 1,349,353$ 791,110$ 142% $ ‐ 0%
Fire District #40 2,212,289 2,528,011 2,528,011 315,723 14%‐ 0%
State Shared Revenue 3,529,143 3,267,511 3,829,039 299,897 8% 561,528 17%
Federal Grants 562,973 459,202 459,202 (103,771) ‐18%‐ 0%
State Grants 200,132 140,420 140,420 (59,712) ‐30%‐ 0%
Other Grants/Intgovt 185,689 130,416 130,416 (55,273) ‐30%‐ 0%
ARRA Grants 561,090 529,417 529,417 (31,673) ‐6%‐ 0%
Total Rev YTD 7,809,560$ 8,404,331$ 8,965,859$ 1,156,300$ 15%561,528$ 7%
Total Rev Annual 11,300,032$ 12,014,671$
YTD %69% 70% 75%
Note: Includes CJ Sales Tax.
2010 2011 2011
Actual Budget Actual $ % $ %
Crim Just Sales Tax 1,342,404$ 1,494,437$ 1,511,674$ 169,270$ 13% 17,237$ 1%
Judicial Contribution 22,868 9,626 22,468 (400)$ ‐2% 12,842 133%
Crim Just ‐ High Crime 93,492 ‐ 188,543 95,051 102% 188,543 100%
Crim Just ‐ Pop 18,818 ‐ 19,922 1,104 6% 19,922 100%
Crim Just ‐ Spec Prog 71,284 67,089 75,211 3,927 6% 8,122 12%
State DUI 15,677 14,888 18,973 3,296 21% 4,085 27%
Liquor Profits 514,215 304,112 485,460 (28,754) ‐6% 181,348 60%
Liquor Excise Tax 419,052 419,195 440,422 21,370 5% 21,227 5%
Fuel Tax 1,031,333 958,164 1,066,366 35,033 3% 108,202 11%
YTD Total 3,529,143$ 3,267,511$ 3,829,039$ 299,897$ 8% 561,528$ 17%
Annual Total 4,189,298$ 3,874,444$
2011 vs. Budget
State Shared Revenues
2011 vs. 2010
Revenue
Year to Date through October
Page 6 of 36
Monthly Financial Report October 2011
Recreation
Recreation revenues totaled $84k for the
current month. Compared to the
projected monthly budget, the City
collected $5k or 6% less. Compared to
the same month the prior year, the City
collected $6k or 8% more. The year‐to‐
date collection of $1.4 million is $59k or
5% more than the prior year but is $127k
or 9% 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 $2.5 million.
Compared to the projected budget, the
revenues are below by $259k or 9%.
Compared to the prior year, the revenues
are under by $156k or 6%. 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.
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 $2.5 million. This is $304k or 11%
lower than a year ago and also $93k or
4% below the budget. This difference is
mainly due to $94k lower than budgeted
Seizure Funds received this year. The use
of Seizure Funds is restricted to drug
enforcement only and is not available for
general operating purposes.
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 111,952 127,945 142,253 30,300 27% 14,308 11%
Oct 77,544 88,621 83,540 5,996 8% (5,081) ‐6%
Nov 51,672 59,054 ‐
Dec 65,469 74,822 ‐
YTD Total 1,307,790$ 1,494,610$ 1,367,121$ 59,331$ 5% (127,489)$ ‐9%
Annual Total 1,424,932$ 1,628,486$
Recreation
Year to Date through October
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 238,713 247,970 237,006 (1,707) ‐1% (10,964) ‐4%
Oct 241,403 250,765 270,340 28,937 12% 19,575 8%
Nov 255,986 265,913 ‐
Dec 283,824 294,831 ‐
YTD Total 2,651,099$ 2,753,909$ 2,494,993$ (156,106)$ ‐6% (258,917)$ ‐9%
Annual Total 3,190,908$ 3,314,653$
Interfund Services
Year to Date through October
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 231,632 208,702 181,000 (50,632) ‐22% (27,702) ‐13%
Oct 267,539 247,930 300,431 32,893 12% 52,502 21%
Nov 314,160 297,164
Dec 352,044 317,767
YTD Total 2,766,164$ 2,555,419$ 2,461,973$ (304,191)$ ‐11% (93,446)$ ‐4%
Annual Total 3,432,368$ 3,170,351$
2011 vs. Budget2011 vs. 2010
Year to Date through October
Fines and Penalties by Month
Month
Page 7 of 36
Monthly Financial Report October 2011
Year to Date through October
2010 2011 2011
Actual Budget Actual $ % $ %
Civil Penalties 12,883$ 11,896$ 8,728$ (4,155)$ ‐32% (3,168)$ ‐27%
Civil Infraction Penalties 662,196 598,541 560,113 (102,083) ‐15% (38,428) ‐6%
Civil Parking Infraction Penalties 115,771 119,150 106,738 (9,033) ‐8% (12,412) ‐10%
Photo Enforcement Program 1,558,745 1,539,110 1,510,396 (48,349) ‐3% (28,713) ‐2%
Criminal Traffic Misdemeanor Fines 77,242 70,655 76,151 (1,091) ‐1% 5,495 8%
Criminal Non‐Traffic Fines 29,692 30,254 23,665 (6,027) ‐20% (6,589) ‐22%
Criminal Costs 84,151 8,820 94,219 10,068 12% 85,399 968%
Seizure Funds ‐ Federal/State/Local 214,093 175,009 80,903 (133,190) ‐62% (94,106) ‐54%
Non‐Court Fines, Forfeitures and Penalties 11,391 1,984 1,060 (10,331) ‐91% (924) ‐47%
YTD Total 2,766,164$ 2,555,419$ 2,461,973$ (304,191)$ ‐11% (93,446)$ ‐4%
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 $1.5 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 80% of the total
revenue in this category. The year‐to‐date
total miscellaneous is $1.1 million.
Compared to the projected year‐to‐date
budget, the revenues are under by $203k or
15%. Compared to last year, the revenues
are under by $47k 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 97,973 (12,837) ‐12% (26,197) ‐21%
Oct 73,018 86,617 75,425 2,406 3% (11,192) ‐13%
Nov 56,175 67,061
Dec 56,503 64,592
YTD Total 1,156,910$ 1,312,806$ 1,109,469$ (47,441)$ ‐4% (203,337)$ ‐15%
Annual Total 1,269,588$ 1,444,459$
Year to Date through October
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 81,830 71,527 67,385 14,444
Oct 158,357 142,280 71,420 67,358 74,921
Nov 208,633 ‐ 71,884 ‐ ‐
Dec 153,166 ‐ 72,273 ‐ ‐
YTD Total 1,539,110$ 1,510,396$ 697,807$ 677,905$ 832,492$
Annual Total 1,900,908$ 841,964$
1Actuals of Revenues and Expenses
Revenues Expenses
Photo Enforcement Program
Year to Date through October
Month
Page 8 of 36
Monthly Financial Report October 2011
2010 2011 2011
Actual Budget Actual $ % $ %
Interests and Other Earnings 280,012$ 408,387$ 237,036$ (42,976)$ ‐15% (171,350)$ ‐42%
Rents, Leases, and Concessions 666,168 640,148 649,692 (16,476) ‐2% 9,543 1%
Contributions/Donations from Private Sources 127,729 140,186 181,300 53,570 42% 41,114 29%
Other 83,000 124,086 41,441 (41,559) ‐50% (82,645) ‐67%
YTD Total 1,156,910$ 1,312,806$ 1,109,469$ (47,441)$ ‐4% (203,337)$ ‐15%
Annual Total 1,269,588$ 1,444,459$
2011 vs. Budget
Miscellaneous Revenues by Type
Year to Date through October
Revenue
2011 vs. 2010
Other revenues are lower than the prior year because this type of revenue stream consists of 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 78% of its budgeted general governmental expenditures at the end of October. This is $3
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.
The Executive Department is over budget by $16k 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 $294k or 1.5%. The majority of this is due to higher than anticipated salaries and
benefits (by $260k) and overtime (by $318k), but under spending in supplies, professional services, intergovernmental and
interfund services (by $265k). Of the $260k 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 $212k or 1% 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 October 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 ‐ ‐ ‐ ‐ 31,950 31,750 ‐
Grants / intergovernmental 163,844 ‐ 122,607 228,086 ‐ 500,655 ‐
Charges for services 95,620 1,572,855 12,429,462 10,220,141 6,393,755 5,665,541 10,904,494
Interdepartmental services ‐ ‐ 186 168,375 122,421 369,469 ‐
Fines and penalties ‐ ‐ ‐ ‐ ‐ ‐ ‐
Rents, leases, and misc fees 1,913,492 316,298 60,000 117,289 ‐ ‐ ‐
Interest and other misc 9,989 6,800 12,476 401,679 248,558 188,013 3,290
TOTAL REVENUES 2,182,945 1,895,953 12,624,731 11,135,570 6,796,684 6,755,428 10,907,784
EXPENSES:
Utility billing ‐ ‐ 95,232 103,270 69,502 113,267 ‐
Utility systems ‐ ‐ 11,048,718 2,360,929 2,066,641 1,750,268 ‐
Utility maintenance ‐ ‐ 233,517 3,740,896 1,062,629 1,407,551 10,595,890
Transportation 968,129 ‐ ‐ ‐ ‐ ‐ ‐
Golf ‐ 1,469,578 ‐ ‐ ‐ ‐ ‐
TOTAL EXPENSES 968,129 1,469,578 11,377,467 6,205,095 3,198,772 3,271,086 10,595,890
AMOUNT AVAILABLE FOR DEBT SERVICE 1,214,816 426,375 1,247,264 4,930,475 3,597,912 3,484,342 311,894
DEBT SERVICE:
Principal 91,679 9,984 ‐ 1,048,425 722,526 138,340 ‐
Interest and other debt service costs 13,525 127 ‐ 453,878 233,784 188,482 ‐
TOTAL DEBT SERVICE 105,204 10,111 ‐ 1,502,303 956,310 326,822 ‐
CAPITAL PROJECTS 459,297 132,973 ‐ 2,356,759 1,979,348 1,603,437 ‐
TRANSFERS IN/(OUT)‐ (656) ‐ ‐ ‐ (23,526) ‐
CHANGE IN FUND BALANCE 650,315 282,635 1,247,264 1,071,413 662,254 1,530,557 311,894
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, October 31, 2011 2,011,664 1,171,239 2,209,052 7,846,940 1,343,870 4,804,420 983,510
Page 10 of 36
Monthly Financial Report October 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 ‐ 70,007 ‐ ‐ ‐ ‐ ‐
Grants / intergovernmental ‐ 31,594 150,281 ‐ ‐ ‐ 37,673
Charges for services
Equipment rental m&o 1,825,379 1,726,032 ‐ ‐ ‐ ‐ ‐
Telecommunications ‐ 316,482 ‐ ‐ ‐ ‐ ‐
Print and mail ‐ 88,909 ‐ 327,358 ‐ ‐ ‐
Communications ‐ ‐ ‐ 479,874 ‐ ‐ ‐
Facilities ‐ ‐ 3,430,828 ‐ ‐ ‐ ‐
Data cards and cell phones ‐ 125,120 ‐ ‐ ‐ ‐ ‐
IT service contracts ‐ 261,346 ‐ ‐ ‐ ‐ ‐
Interest and other misc 21,201 8,896 1,413 411 24,577 27,066 18,701
Internal service fund misc:
Vehicle / equipment capital recovery 932,193 782,331 ‐ ‐ ‐ ‐ ‐
Insurance premiums ‐ ‐ ‐ ‐ 1,296,877 ‐ ‐
Worker's compensation / unemployment ‐ ‐ ‐ ‐ 1,186,253 ‐ ‐
Benefit premiums ‐ ‐ ‐ ‐ ‐ 8,689,883 2,585,105
Other misc 8,375 1,377 8,653 21 3,290 495,028 ‐
Capital contributions 20,854 ‐ ‐ ‐ ‐ ‐ ‐
Disposal of capital assets 74,955 ‐ ‐ ‐ ‐ ‐ ‐
Insurance recoveries 228,926 ‐ ‐ ‐ 45,158 12,428 3,695
TOTAL REVENUES 3,111,883 3,412,094 3,591,175 807,664 2,556,155 9,224,405 2,645,174
EXPENSES:
Communications 454,060
Equipment rental 2,008,279
Facilities 3,233,544
Healthcare 8,241,559
Information technology 2,476,390
Print and mail 307,481
Retiree healthcare 709,682
Risk management
Risk management 1,596,293
Unemployment 110,902
Worker's compensation 936,548
TOTAL EXPENSES 2,008,279 2,476,390 3,233,544 761,541 2,643,743 8,241,559 709,682
AMOUNT AVAILABLE FOR CAPITAL 1,103,604 935,704 357,630 46,123 (87,588) 982,846 1,935,492
CAPITAL PROJECTS 1,707,083 697,005 225,222 ‐ ‐ ‐ ‐
TRANSFERS IN 23,526 71,121 ‐ ‐ ‐ ‐ ‐
TRANSFERS (OUT)‐ ‐ ‐ ‐ ‐ ‐ ‐
CHANGE IN FUND BALANCE (579,953) 309,820 132,408 46,123 (87,588) 982,846 1,935,492
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, October 31, 2011 4,713,154 2,258,985 373,454 116,337 6,602,436 7,184,740 5,306,529
Page 11 of 36
Monthly Financial Report October 2011
FUND BALANCE
Page 13 shows the ending fund balance as of October 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 October, the City has $11.7 million reported in the combined general governmental fund balance of the
current year’s operating budget, which is approximately 12% of budgeted operating expenditures. This is an increase of
$267k from the year’s beginning balance. October’s ending fund balance is over the anticipated General Governmental
Fund Balance of $8.5 million by $3.2 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 increase but be in line with the projected fund balance after October and continue to increase until we receive
the second half of 2011 property taxes in 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 October 2011
City of Renton
All Funds ‐ Revenue, Expenditures and Fund Balances
Cash Basis through October 31, 2011
Funds
Balance
01/01/2011
Budgeted
Revenue
Revenue
10/31/11
Total Funds
Available
Budgeted
Expenditure
Expenditure
10/31/11
Ending
Balance
GENERAL GOVERNMENT FUNDS:11,407,119 99,469,734 90,003,539 101,410,658 101,299,304 89,736,278 11,674,380
000 General 9,477,148 72,539,830 55,320,285 64,797,433 74,869,192 60,274,959 4,522,474
001 Community Services 631,801 10,829,491 9,820,032 10,451,833 10,763,076 8,655,189 1,796,644
003 Street 116,298 8,402,117 7,688,813 7,805,111 8,258,280 6,614,645 1,190,466
004 Community Dev Block Grant (55,231) 501,728 228,723 173,492 368,333 240,646 (67,154)
005 Museum 66,830 195,966 196,372 263,202 207,513 175,314 87,888
006 Library 47,347 2,030,000 2,031,227 2,078,574 2,030,000 2,025,119 53,455
009 Farmers Market 81,630 67,500 69,370 151,000 62,875 53,293 97,707
010 Fire Memorial 1,251 ‐ 702 1,953 ‐ ‐ 1,953
011 Fire Health & Wellness 24,072 25,000 20,413 44,485 25,000 10,646 33,839
031 Pa rk Memorial 176,950 ‐ 698 177,648 ‐ ‐ 177,648
201 Ltd GO Bonds Gen Govt Debt 312,938 2,146,142 12,233,538 12,546,476 1,983,075 10,573,258 1,973,218
215 Gen Govt Misc Debt Service 526,085 2,731,960 2,393,366 2,919,451 2,731,960 1,113,209 1,806,242
SPECIAL REVENUE FUNDS:
102 Arterial Street 171,720 620,000 503,629 675,349 620,000 ‐ 675,349
108 Leased City Properties 499,594 748,060 548,078 1,047,672 614,457 598,883 448,789
110 Hotel Motel 212,950 245,000 238,731 451,681 275,000 221,056 230,625
118 Reserve for Paths & Trails 3,299 ‐ 13 3,312 ‐ ‐ 3,312
125 1% For Art 136,830 32,000 501 137,331 68,257 15,720 121,611
127 Cable Communication 171,358 85,000 91,219 262,577 221,301 44,553 218,024
135 Springbrook Wetlands Bank 660,524 ‐ 2,621 663,145 ‐ ‐ 663,145
DEBT SERVICE FUNDS:
219 1989 Unlimited GO Bonds ‐ ‐ ‐ ‐ ‐ ‐ ‐
CAPITAL PROJECT FUNDS (CIP):
303 Community Dev Mitigation 1,343,877 60,000 58,239 1,402,116 400,000 ‐ 1,402,116
304 Fire Mitigation 1,929,477 100,000 80,110 2,009,587 529,056 529,056 1,480,531
305 Transportation Mitigation 1,119,954 250,000 169,369 1,289,323 999,494 ‐ 1,289,323
316 Municipal Facilities CIP 5,759,297 2,148,558 883,132 6,642,429 7,481,499 2,744,033 3,898,396
317 Transportation CIP 3,808,080 24,295,301 9,221,809 13,029,889 28,007,800 10,529,001 2,500,888
318 So Lake WA Infrastructure Proj 58,522 ‐ 213 58,735 58,000 5,927 52,808
326 Housing Opportunity 163,787 ‐ 943 164,730 160,000 35,000 129,730
336 New Library Development ‐ 19,960,000 19,936,581 19,936,581 11,960,000 679,655 19,256,926
ENTERPRISE FUNDS:
402 Airport 1,295,036 432,010 566,544 1,861,580 1,125,756 968,129 893,451
403 Solid Waste Utility 961,788 15,015,942 12,624,731 13,586,519 14,951,710 11,377,467 2,209,052
404 Golf Course 630,924 2,483,545 1,895,044 2,525,968 2,504,738 1,577,896 948,072
422 Airport Capital 66,313 3,433,408 1,616,400 1,682,713 3,003,521 564,501 1,118,212
424 Golf Course Capital 257,680 100,000 84,242 341,922 220,000 118,756 223,166
INTERNAL SERVICE FUNDS:
501 Equipment Repair/Replacement 5,293,107 3,240,401 3,135,409 8,428,516 4,591,337 3,715,361 4,713,155
502 I nsurance 6,690,024 3,178,883 2,556,154 9,246,178 3,018,564 2,643,743 6,602,435
503 Information Services 1,949,165 4,119,051 3,483,215 5,432,380 5,633,307 3,173,395 2,258,985
504 Facilities 241,046 4,243,673 3,591,175 3,832,221 4,256,261 3,458,766 373,455
505 Communications 70,214 953,941 807,664 877,878 957,746 761,541 116,337
512 Insurance, Healthcare 6,201,894 11,248,058 9,224,405 15,426,299 10,844,696 8,241,559 7,184,740
522 Insurance, Leoff1 Retirees HC 3,371,037 2,935,684 2,645,174 6,016,211 2,261,732 709,682 5,306,529
FIDUCIARY FUNDS:
611 Firemen's Pension 4,286,248 300,000 121,065 4,407,313 565,475 246,287 4,161,026
Funds
Balance
01/01/2011
Budgeted
Revenue
Revenue
10/31/11
Total Funds
Available
Budgeted
Expenditure
Expenditure
10/31/11
Ending
Balance
ENTERPRISE FUNDS: COMBINED UTILITIES 11,402,622 46,660,496 35,598,299 47,000,921 50,069,800 32,019,348 14,981,573
405 Water Utility 4,695,116 9,680,689 7,402,843 12,097,959 10,521,313 7,717,050 4,380,909
406 Waste Water Utility 681,616 4,931,139 4,366,979 5,048,595 5,141,813 4,155,082 893,513
407 Surface Water Utility 1,462,126 5,353,933 4,270,204 5,732,330 5,092,613 3,621,434 2,110,896
416 King County Metro 671,616 13,156,760 10,907,784 11,579,400 13,156,760 10,595,890 983,510
425 Water Utility Construction 2,064,638 4,997,301 3,735,498 5,800,136 6,067,301 2,347,107 3,453,029
426 Waste Water Construction ‐ 3,845,000 2,429,705 2,429,705 3,790,000 1,979,348 450,357
427 Surface Water Construction 1,811,737 4,695,674 2,485,224 4,296,961 6,300,000 1,603,437 2,693,524
461 Waterworks Bond Reserve ‐ ‐ ‐ ‐ ‐ ‐ ‐
471 Waterworks Rate Stabilization 15,773 ‐ 62 15,835 ‐ ‐ 15,835
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 65,898,407 71,984,031 (6,085,624) 5,321,495
October 79,715,923 79,448,662 267,260 11,674,379
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 44,710,380 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 65,795,639 65,898,407 0.16%
Oct 79,605,342 79,715,923 0.14%
Nov 93,882,250
Dec 99,469,734
Percent of budget 90.48%
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 16,838,318 17,109,916 1.61%
Jul 16,927,805 17,221,992 1.74%
Aug 17,079,566 17,247,946 0.99%
Sep 17,579,784 17,715,892 0.77%
Oct 24,763,004 24,730,752 ‐0.13%
Nov 31,792,494
Dec 32,046,525
Percent of budget 77.17%
$‐
$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 14,793,080 ‐0.04%
Oct 16,517,368 16,482,798 ‐0.21%
Nov 18,234,679
Dec 19,879,280
Percent of budget 82.91%
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 11,688,776 2.14%
Oct 12,636,818 12,891,335 2.01%
Nov 13,794,401
Dec 15,166,600
Percent of budget 85.00%
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 1,939,870 ‐6.06%
Oct 2,302,673 2,205,375 ‐4.23%
Nov 2,462,856
Dec 2,612,987
Percent of budget 84.40%
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 7,062,649 7,539,153 6.75%
Oct 8,404,331 8,965,859 6.68%
Nov 11,588,147
Dec 12,014,671
Percent of budget 74.62%
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 4,682,023 ‐5.40%
Oct 5,447,614 5,145,934 ‐5.54%
Nov 5,842,063
Dec 6,366,817
Percent of budget 80.82%
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 2,181,260 ‐5.47%
Oct 2,555,419 2,484,578 ‐2.77%
Nov 2,852,584
Dec 3,170,351
Percent of budget 78.37%
$‐
$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 4,154,780 ‐0.92%
Oct 4,966,379 5,000,894 0.69%
Nov 5,243,037
Dec 6,075,921
Percent of budget 82.31%
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 1,034,044 ‐15.67%
Oct 1,312,806 1,109,469 ‐15.49%
Nov 1,379,867
Dec 1,444,459
Percent of budget 76.81%
$‐
$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 169,528 169,528 0.00%
Oct 698,929 698,929 0.00%
Nov 692,123
Dec 692,123
Percent of budget 100.98%
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 1,383,144 ‐8.33%
Oct 1,675,542 1,572,835 ‐6.13%
Nov 1,860,141
Dec 2,240,000
Percent of budget 70.22%
$‐
$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 75,168,538 71,984,031 ‐4.24%
Oct 82,496,966 79,448,662 ‐3.70%
Nov 92,632,090
Dec 101,299,304
Percent of budget expended 88.59%
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 207,934 203,409 ‐2.18%
Oct 229,314 226,026 ‐1.43%
Nov 252,426
Dec 276,567
Percent of budget expended 81.73%
$‐
$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 1,121,986 0.38%
Oct 1,240,172 1,256,119 1.29%
Nov 1,357,062
Dec 1,478,297
Percent of budget expended 84.97%
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 581,018 577,202 ‐0.66%
Oct 675,052 629,142 ‐6.80%
Nov 724,620
Dec 786,947
Percent of budget expended 79.95%
$‐
$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 44,161 ‐65.63%
Oct 142,100 47,132 ‐66.83%
Nov 156,260
Dec 170,717
Percent of budget expended 27.61%
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 1,189,429 ‐3.46%
Oct 1,366,319 1,320,953 ‐3.32%
Nov 1,499,225
Dec 1,588,429
Percent of budget expended 83.16%
$‐
$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 1,559,522 ‐3.42%
Oct 1,775,894 1,729,013 ‐2.64%
Nov 1,948,024
Dec 2,134,452
Percent of budget expended 81.01%
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 702,073 698,417 ‐0.52%
Oct 775,757 775,550 ‐0.03%
Nov 851,215
Dec 926,674
Percent of budget expended 83.69%
$‐
$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 2,109,094 ‐11.74%
Oct 2,630,325 2,342,934 ‐10.93%
Nov 2,880,148
Dec 3,137,985
Percent of budget expended 74.66%
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 560,100 544,936 ‐2.71%
Oct 618,615 604,858 ‐2.22%
Nov 684,023
Dec 749,128
Percent of budget expended 80.74%
$‐
$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 1,082,329 ‐4.77%
Oct 1,271,607 1,200,417 ‐5.60%
Nov 1,370,979
Dec 1,533,697
Percent of budget expended 78.27%
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 1,425,349 ‐5.65%
Oct 1,621,863 1,564,657 ‐3.53%
Nov 1,765,760
Dec 2,088,212
Percent of budget expended 74.93%
$‐
$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 726,325 633,893 ‐12.73%
Oct 803,567 714,653 ‐11.06%
Nov 878,678
Dec 973,851
Percent of budget expended 73.38%
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 21,206,441 ‐7.45%
Oct 25,185,431 23,418,059 ‐7.02%
Nov 28,049,446
Dec 31,011,293
Percent of budget expended 75.51%
$‐
$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 17,069,616 ‐0.90%
Oct 18,916,100 18,890,028 ‐0.14%
Nov 20,805,510
Dec 22,676,137
Percent of budget expended 83.30%
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 309,116 306,588 ‐0.82%
Oct 342,587 340,122 ‐0.72%
Nov 375,962
Dec 409,872
Percent of budget expended 82.98%
$‐
$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 2,788,379 ‐3.23%
Oct 3,226,442 3,168,880 ‐1.78%
Nov 3,536,345
Dec 3,911,658
Percent of budget expended 81.01%
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 433,985 397,535 ‐8.40%
Oct 482,205 455,741 ‐5.49%
Nov 530,426
Dec 578,646
Percent of budget expended 78.76%
$‐
$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 3,855,315 ‐3.05%
Oct 4,329,308 4,226,441 ‐2.38%
Nov 4,783,398
Dec 5,177,897
Percent of budget expended 81.62%
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 897,360 846,288 ‐5.69%
Oct 1,056,218 1,010,405 ‐4.34%
Nov 1,157,557
Dec 1,358,385
Percent of budget expended 74.38%
$‐
$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 470,393 419,378 ‐10.85%
Oct 508,406 464,006 ‐8.73%
Nov 545,765
Dec 685,003
Percent of budget expended 67.74%
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 1,822,619 1,822,619 0.00%
Oct 2,025,119 2,025,119 0.00%
Nov 2,029,593
Dec 2,030,000
Percent of budget expended 99.76%
$‐
$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 156,721 157,635 0.58%
Oct 173,773 175,314 0.89%
Nov 190,524
Dec 207,513
Percent of budget expended 84.48%
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 340,210 339,129 ‐0.32%
Oct 375,268 376,995 0.46%
Nov 411,886
Dec 450,620
Percent of budget expended 83.66%
$‐
$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 2,630,100 ‐5.24%
Oct 3,065,897 2,940,646 ‐4.09%
Nov 3,345,901
Dec 3,675,414
Percent of budget expended 80.01%
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 3,283,394 ‐3.09%
Oct 3,788,174 3,673,999 ‐3.01%
Nov 4,154,514
Dec 4,582,866
Percent of budget expended 80.17%
$‐
$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 1,398,850 1,398,850 0.00%
Oct 1,398,850 1,398,850 0.00%
Nov 4,322,115
Dec 4,715,035
Percent of budget expended 29.67%
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 4,273,035 4,273,035 0.00%
Oct 4,472,604 4,472,604 0.00%
Nov 4,024,729
Dec 3,984,013
Percent of budget expended 112.26%
$‐
$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 42,845,872 38,822,126
Oct 52,727,982 48,222,968 43,373,288
Nov 57,440,986
Dec 64,992,510
Percent of budget expended 60.67%
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 1,903,104 1,302,775
Oct 3,216,748 2,182,944 1,532,630
Nov 3,508,481
Dec 4,129,277
Percent of budget expended 37.12%
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 1,834,550 1,536,782
Oct 1,987,022 1,979,286 1,696,652
Nov 2,125,704
Dec 2,724,738
Percent of budget expended 62.27%
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