HomeMy WebLinkAbout201611, NovemberADMINISTRATIVE SERVICES
DEPARTMENT
M E M O R A N D U M
DATE: January 4, 2017
TO: Armondo Pavone, Council President
Members of the Renton City Council
CC: Denis Law, Mayor
Administrators
FROM: Hai Nguyen, Sr. Finance Analyst
SUBJECT: November 2016 Financial Status Report
At the end of November, general governmental revenues show $3.8 million or 3.3% over budget.
Revenue source(s) that are higher than expected are: sales tax ($1.2 million); sales tax annexation
credit ($111k); utility taxes ($484k); gambling taxes ($491k); business & occupation taxes ($1.4
million); state shared revenues ($250k); public safety ($335k); seizure funds ($418k, restricted to
drug enforcement and not available for general purposes); interest ($100k); and other
miscellaneous ($160k). If we remove seizure funds, general governmental revenues are $3.4
million or 3% over budget. On the down side, the revenue source(s) that are underperforming
the year to date budget are property tax ($111k below); building permits & development service
fees ($591k below); and fines & penalties ($438k below).
General government expenditures showed a favorable variance of $5.8 million or 5.5%. See page
10 of report for further expenditure over‐spent explanations.
The attached report provides more detailed discussion of each revenue source and our updated
projections for the year. Please do not hesitate to contact me at x6952 should you have any
questions or any suggestions about the report.
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General Governmental Funds
$%
Beginning Fund Balance 17,454,261$ 17,454,261$ 17,565,282$ 17,565,282$ 19,962,845$ 19,962,845$ 19,962,845$ ‐ 0.0%
OPERATING REVENUES
Property Tax 35,295,390 34,891,805 36,369,429 36,165,159 37,213,314 37,004,304 36,893,234 (111,070) ‐0.3%
Sales Tax 21,512,379 19,670,488 23,439,266 21,418,213 25,100,000 22,938,886 24,149,557 1,210,670 5.3%
Sales Tax ‐ Annexation Credit 2,542,394 2,324,445 2,778,858 2,539,635 3,000,000 2,742,257 2,852,862 110,606 4.0%
Criminal Justice Sales Tax 2,267,947 2,073,416 2,484,718 2,275,933 2,580,795 2,361,786 2,479,835 118,049 5.0%
Natural Gas Use Tax 271,485 254,617 228,899 219,877 228,000 219,013 170,785 (48,229) ‐22.0%
Admission Tax 310,311 310,311 309,790 309,790 320,000 320,000 262,506 (57,494) ‐18.0%
Franchise Fees 1,342,269 1,292,767 1,349,154 1,349,154 1,330,000 1,305,538 1,401,242 95,704 7.3%
Electricity Tax 5,167,444 4,690,047 5,012,962 4,528,875 5,396,019 4,886,394 4,958,272 71,878 1.5%
Natural Gas Utility Tax 1,562,341 1,389,780 1,437,552 1,277,156 1,350,900 1,200,964 1,194,432 (6,533) ‐0.5%
Garbage/Solid Waste 573,457 522,678 638,073 589,582 680,000 624,283 657,424 33,142 5.3%
TV Cable 1,518,821 1,385,576 1,591,866 1,451,947 1,629,365 1,486,283 1,476,915 (9,368) ‐0.6%
Telephone 909,088 868,936 880,233 846,680 752,500 721,503 772,602 51,098 7.1%
Cellular Phone 1,951,925 1,669,157 1,674,355 1,539,459 1,521,056 1,345,865 1,448,187 102,322 7.6%
City Utilities 3,961,052 3,639,725 4,183,165 3,844,246 3,883,377 3,568,554 3,858,439 289,884 8.1%
Utility Tax Audit 460,513 460,513 1,962,092 1,446,078 111,227 111,227 111,227 ‐ 0.0%
Leasehold Excise Tax 171,470 130,132 163,314 123,703 179,000 135,718 133,042 (2,676) ‐2.0%
Gambling Excise Tax 1,650,384 1,501,414 2,299,156 2,107,138 2,000,000 1,827,328 2,318,680 491,352 26.9%
Real Estate Excise Tax 4,348,762 4,256,583 4,595,166 4,158,068 5,200,000 4,656,951 5,814,448 1,157,497 24.9%
Less: CIP REET (1,650,000) (807,272) (1,401,300) (1,154,168) (2,000,000) (1,647,282) (2,707,676) (1,060,395) 64.4%
EMS Levy 916,361 916,361 936,406 702,305 1,069,454 479,597 479,597 ‐ 0.0%
B&O Taxes ‐ ‐ ‐ ‐ 5,000,000 5,000,000 6,375,322 1,375,322 27.5%
Less: CIP B&O Taxes ‐ ‐ ‐ ‐ (2,000,000) (2,000,000) (2,000,000) ‐ 0.0%
Business License Fees 2,965,850 2,945,211 3,125,740 3,107,486 1,961,000 1,948,480 1,913,955 (34,525) ‐1.8%
Less: CIP Business License Fees (2,450,295) (2,433,219) (2,584,164) (2,569,019) (1,619,000) (1,608,638) (1,577,304) 31,334 ‐1.9%
Animal Licenses and Spec Events Permits 95,698 92,413 101,743 94,102 91,000 85,656 97,228 11,572 13.5%
Building Permits & Development Svc Fees 4,519,234 4,064,867 6,077,055 5,585,024 5,923,368 5,416,319 4,825,260 (591,059) ‐10.9%
Intergovt'l (Grants, State Shared, etc) 4,522,540 4,016,500 4,053,617 3,632,812 4,654,491 3,384,247 3,503,840 119,593 3.5%
Fire District 25 and 40 Contracts 5,959,428 5,959,428 6,369,132 4,024,382 6,128,712 3,517,779 3,517,779 ‐ 0.0%
Public Safety 844,375 778,671 649,797 598,458 630,135 580,881 915,706 334,825 57.6%
Culture and Recreation 1,485,123 1,455,994 1,587,878 1,545,547 1,727,393 1,687,224 1,593,428 (93,796) ‐5.6%
Interfund/Interdept‐Services 3,270,503 3,006,896 3,106,430 2,881,338 3,439,406 3,152,789 3,066,643 (86,146) ‐2.7%
Fines and Penalties 962,977 904,847 848,052 766,946 1,126,500 1,043,746 771,306 (272,441) ‐26.1%
Photo Enforcement 1,719,971 1,522,009 2,171,184 1,934,263 2,194,000 1,948,795 1,783,243 (165,552) ‐8.5%
Seizure Funds ‐ Federal/State/Local 68,870 59,593 21,676 21,676 663,143 595,200 1,012,754 417,554 70.2%
Interests and Other Earnings 981,630 603,712 973,208 637,433 875,300 555,736 655,986 100,249 18.0%
Rents, Leases, and Concessions 711,070 684,092 762,361 738,668 598,616 578,030 617,485 39,456 6.8%
Contributions and Donations 113,626 105,287 147,292 137,537 102,700 95,578 87,363 (8,215) ‐8.6%
Other Miscellaneous 879,105 769,307 941,127 821,708 705,630 628,473 788,046 159,572 25.4%
Other Financing Sources (Transfer ‐In, etc) 48,632 47,257 270,224 7,607 2,102,014 29,061 29,061 (0) 0.0%
Total Operating Revenues 111,782,133 106,024,345 119,555,505 109,704,799 125,849,415 112,928,526 116,702,709 3,774,183 3.3%
OPERATING EXPENDITURES
Council 309,317 283,891 320,877 293,152 375,761 344,069 329,610 14,459 4.2%
Executive 1,338,738 1,190,964 1,691,189 1,500,571 1,784,464 1,585,169 1,593,538 (8,369) ‐0.5%
City Attorney 1,829,254 1,666,481 1,791,167 1,640,168 2,213,353 2,021,528 1,841,277 180,251 8.9%
Court Services 2,016,273 1,808,423 2,013,364 1,835,205 2,187,710 1,978,143 1,890,069 88,074 4.5%
Community and Eco Dvlpmnt Admin 1,010,761 924,619 1,183,052 1,093,721 1,173,302 1,079,454 1,055,753 23,701 2.2%
Development Services 2,659,078 2,419,251 2,632,264 2,393,288 3,197,543 2,908,204 2,601,675 306,529 10.5%
Economic Development 654,007 577,062 658,515 588,721 1,814,358 1,611,514 930,197 681,317 42.3%
Planning 2,095,706 1,876,321 2,606,551 2,404,791 3,009,484 2,739,947 2,483,516 256,431 9.4%
Finance 2,644,827 2,124,461 3,132,812 2,461,903 3,003,369 2,384,113 2,449,791 (65,678) ‐2.8%
City Clerk 1,152,246 912,188 1,027,084 803,924 1,151,870 907,039 833,087 73,952 8.2%
Human Resources 922,668 820,519 1,182,629 1,050,082 1,372,669 1,219,645 1,083,398 136,247 11.2%
Police 26,383,640 23,764,096 28,144,699 25,702,274 30,976,827 28,101,189 25,771,653 2,329,536 8.3%
Jail Services 3,760,273 3,447,083 4,142,266 3,797,319 4,703,000 4,704,773 4,704,773 ‐ 0.0%
Fire 25,240,760 22,967,966 26,536,999 24,175,218 28,932,928 25,695,684 25,695,684 ‐ 0.0%
Community Services Admin 480,057 426,941 508,766 462,553 655,344 589,514 493,412 96,102 16.3%
Parks 4,070,181 3,736,620 4,411,383 4,021,960 5,065,610 4,633,809 4,069,957 563,852 12.2%
Parks Planning & Natural Resources 722,739 652,989 808,558 732,286 1,292,543 1,169,288 816,259 353,029 30.2%
Recreation 4,823,865 4,413,936 5,088,483 4,674,667 5,350,288 4,905,664 4,717,419 188,244 3.8%
Human Services 1,159,189 984,040 1,225,835 1,043,621 1,260,461 1,071,598 1,058,333 13,265 1.2%
Neighborhoods, Resources, & Events 875,223 754,887 958,624 841,423 1,109,048 965,394 753,518 211,875 21.9%
Museum 214,291 195,746 227,094 208,186 235,281 215,317 210,229 5,088 2.4%
Public Works Admin 389,493 355,520 387,493 355,440 413,579 378,434 366,364 12,070 3.2%
Street Maintenance 4,503,315 4,113,703 5,061,723 4,592,421 5,420,445 4,933,704 4,605,606 328,097 6.7%
Transportation 4,263,725 3,737,728 4,975,059 4,416,007 6,149,047 5,426,873 5,370,311 56,562 1.0%
Debt Service 8,393,140 3,858,787 6,371,715 1,547,614 6,248,676 1,448,946 1,448,946 ‐ 0.0%
Non‐Departmental and Other 9,758,346 7,699,087 10,069,740 6,516,312 9,656,299 3,754,617 3,754,617 ‐ 0.0%
Total Operating Expenditures 111,671,112 95,713,308 117,157,942 99,152,824 128,753,260 106,773,627 100,928,993 5,844,634 5.5%
Total Ending Fund Balance 17,565,282$ 27,765,299$ 19,962,846$ 28,117,257$ 17,059,000$ 26,117,744$ 35,736,561$ 9,618,817$ 36.8%
Summary of Sources and Uses Annual Actual YTD Actual Favorable (Unfavorable)
2014 2015 2016 Variance
Annual Actual YTD Actual Annual Budget YTD Budget YTD Actual
Monthly Financial Report November 2016
Page 1 of 37
Monthly Financial Report November 2016
OVERVIEW
This financial overview reflects the City’s overall financial position for the fiscal year through November 30, 2016. Except as
noted, year‐to‐date budgeted revenues and operating expenditures are generally based on the collection/disbursement
patterns for the same period of the preceding two years. The table on the previous page summarizes the general
governmental fund revenues and expenditures.
Revenues
Taxes
The combined collection of property, sales/use, utility, gambling, admissions, and real estate excise taxes represents 77% of
all resources supporting general governmental activities. The following section provides detail information on property,
sales, utility, and other taxes.
Property Tax
November’s collection is $10.3
million, making the total year‐to‐
date collection $36.9 million or
99.1% of the total budget. In
comparison to the previous year,
the City collected $728k or 2%
more. Compared to the budget,
the City collecting $111k less.
The April/May variance is due to
the timing of collections in the
current year compared to the
prior year.
Sales Tax
November 2016 sales tax
receipts totaled $2.5 million.
Compared with the same month
last year, it is $374k or 17% more.
Compared to the projected
current month’s budget, it is
$267k or 12% above. The year‐
to‐date collection of $24.1
million is $2.7 million or 13%
more than the prior year and is
also $1.2 million or 5% more than
budgeted. New Construction and
Other are the sectors that are
collecting more than anticipated.
2016’s monthly budgets are
generally based on 2010 through
2015 collections.
2015 2016 2016
Actual Budget Actual $ % $ %
Jan 67,234$ 68,794$ 44,745$ (22,489)$ ‐33% (24,049)$ ‐35%
Feb 307,006 314,129 315,119 8,113 3% 990 0%
Mar 939,218 961,010 1,273,685 334,468 36% 312,675 33%
Apr 10,160,118 10,395,864 7,856,230 (2,303,888) ‐23% (2,539,634) ‐24%
May 7,583,868 7,759,837 9,906,533 2,322,666 31% 2,146,696 28%
Jun 147,318 150,736 137,794 (9,524) ‐6% (12,942) ‐9%
Jul 65,395 66,912 57,174 (8,221) ‐13% (9,739) ‐15%
Aug 94,817 97,017 240,536 145,720 154% 143,520 148%
Sep 561,525 574,554 558,716 (2,809) ‐1% (15,838) ‐3%
Oct 6,263,616 6,408,951 6,233,910 (29,706) 0% (175,042) ‐3%
Nov 9,975,046 10,206,498 10,268,791 293,745 3% 62,293 1%
Dec 204,271 209,010
YTD Total 36,165,159$ 37,004,304$ 36,893,234$ 728,075$ 2% (111,070)$ 0%
Annual Total 36,369,429$ 37,213,314$
Property Tax Revenues
Year to Date through November
2016 vs. 2015 2016 vs. Budget
Month
2015 2016 2016
Actual Budget Actual $ % $ %
Jan 1,758,332$ 1,945,759$ 1,978,530$ 220,198$ 13% 32,772$ 2%
Feb 2,260,395 2,385,815 2,320,497 60,102 3% (65,318) ‐3%
Mar 1,674,147 1,856,099 1,854,773 180,626 11% (1,326) 0%
Apr 1,750,506 1,842,188 1,888,875 138,369 8% 46,687 3%
May 1,977,843 2,189,189 2,314,220 336,377 17% 125,031 6%
Jun 1,677,458 1,924,941 2,127,406 449,947 27% 202,464 11%
Jul 1,866,949 1,987,424 2,103,896 236,948 13% 116,472 6%
Aug 2,178,289 2,213,372 2,438,277 259,988 12% 224,905 10%
Sep 2,100,591 2,126,242 2,179,438 78,848 4% 53,197 3%
Oct 2,014,951 2,201,943 2,410,824 395,874 20% 208,881 9%
Nov 2,158,753 2,265,914 2,532,820 374,067 17% 266,906 12%
Dec 2,021,053 2,161,114 ‐
YTD Total 21,418,213$ 22,938,886$ 24,149,557$ 2,731,344$ 13% 1,210,670$ 5%
Annual Total 23,439,266$ 25,100,000$
2016 vs. Budget2016 vs. 2015
Month
Year to Date through November
Local Retail Sales Tax Revenues
Page 2 of 37
Monthly Financial Report November 2016
The following table breaks out the City’s base sales tax (excluding Criminal Justice and Annexation Credit) by major business
sectors:
Utility tax
November utility tax revenues
are $1.1 million, which is $214k
or 16% lower than the same
month last year and is also lower
than the budget by $113k or 9%.
The year‐to‐date collection is
$14.6 million, which is $1.1
million or 7% lower than the prior
year but is $484k or 3% higher
than the budget. The large
June/July variance with the prior
year is due to the recognition of
utility tax audit proceeds.
The table below breaks out Utility Tax by source. The utility tax audit revenues are gross and do not include the related
audit fees ($26k).
2015 2016 2016
Actual Budget Actual $ % $ %
Jan 1,199,348$ 1,376,913$ 1,509,960$ 310,612$ 26% 133,047$ 10%
Feb 1,371,771 1,411,904 1,597,348 225,577 16% 185,443 13%
Mar 1,544,060 1,530,092 1,423,774 (120,286) ‐8% (106,318) ‐7%
Apr 1,263,898 1,219,957 1,346,282 82,383 7% 126,325 10%
May 1,262,764 1,283,812 1,363,323 100,559 8% 79,511 6%
Jun 1,815,284 1,297,278 1,125,845 (689,439) ‐38% (171,433) ‐13%
Jul 2,175,167 1,148,388 1,276,335 (898,831) ‐41% 127,947 11%
Aug 1,351,000 1,279,887 1,247,926 (103,074) ‐8% (31,961) ‐2%
Sep 1,214,144 1,192,240 1,277,502 63,358 5% 85,262 7%
Oct 1,204,406 1,182,637 1,351,888 147,482 12% 169,251 14%
Nov 1,342,058 1,240,978 1,128,100 (213,958) ‐16% (112,879) ‐9%
Dec 1,865,296 1,388,357
YTD Total 15,743,900$ 14,164,087$ 14,648,282$ (1,095,618)$ ‐7% 484,195$ 3%
Annual Total 17,609,196$ 15,552,444$
2016 vs. Budget2016 vs. 2015
Year to Date through November
Utility Tax Revenues
Month
Sales Tax by Sector 2015 2016 Bgt YTD Act Change 2016/2015 2016 Act vs Bgt
New Construction 2,718,274$ 3,737,529$ 4,291,980$ 1,573,706$ 58% $ 554,451 15%
Auto Sales 4,221,573 4,322,688 4,436,145 214,572 5% 113,458 3%
General Retail 6,547,677 6,579,325 6,708,369 160,692 2% 129,044 2%
Manufacturing 1,592,607 1,546,737 1,629,598 36,992 2% 82,862 5%
Wholesale 1,095,937 1,178,877 1,243,580 147,643 13% 64,703 5%
Service 4,722,364 5,008,091 5,198,540 476,177 10% 190,450 4%
Other 519,781 565,640 641,343 121,562 23% 75,703 13%
YTD Total 21,418,213$ 22,938,886$ 24,149,557$ 2,731,344$ 13%1,210,670$ 5%
Note: Excludes Annexation Credit and Criminal Justice Sales Tax revenue.
Utility Tax by Type 2015 2016 Bgt YTD Act Change 2016/2015 2016 Act vs Bgt
Electrical 4,528,875$ 4,886,394$ 4,958,272$ 429,398$ 9% $ 71,878 1%
Natural Gas 1,497,033 1,419,978 1,365,216 (131,817) ‐9% (54,761)‐4%
Cell 1,539,459 1,345,865 1,448,187 (91,272) ‐6% 102,322 8%
Phone 846,680 721,503 772,602 (74,078) ‐9% 51,098 7%
Cable 1,451,947 1,486,283 1,476,915 24,968 2% (9,368)‐1%
Garbage/Solid Waste 589,582 624,283 657,424 67,843 12% 33,142 5%
City Utilities 3,844,246 3,568,554 3,858,439 14,192 0% 289,884 8%
Utility Tax Audit 1,446,078 111,227 111,227 (1,334,851) ‐92% ‐ 0%
YTD Total 15,743,900$ 14,164,087$ 14,648,282$ (1,095,618)$ ‐7%484,195$ 3%
Annual Total 17,609,196$ 15,552,444$
YTD as % of 89% 91%
Page 3 of 37
Monthly Financial Report November 2016
Other Taxes
Real Estate Excise Tax
The City collected $502k in Real
Estate Excise Tax revenues (REET)
for November. This is $176k or
54% more than the same month
last year and is also $92k or 23%
more than the current month’s
budget. The year‐to‐date
collection is $5.8 million, which is
$1.7 million or 40% more than
the prior year and is also $1.2
million or 25% above the budget.
The higher than expected
variance is due to 22 large
transactions in December,
January, April, June, July, August,
September, and October which accounts for $2.5 million of the total REET collected.
Gambling Tax
November’s Gambling Tax
collections totaled $183k, which
is $29k or 14% below the same
month last year and is also below
the current month’s budget by
$4k or 2%. The year‐to‐date total
of $2.3 million is $212k or 10%
above the prior year and is also
$491k or 27% above budget.
$165k of the year‐to‐date
collections are from a payment
plan of back taxes earned in
2013/2014 (final payment was
made in August 2016).
Pull tabs overall had a 1%
decrease, bingo had a 94% decrease (bingo establishment closed December 2015), and card‐rooms are seeing 12% higher in
activities when compared to the prior year.
Franchise Fees
Franchise Fees are due quarterly
in January, April, July, and
October. The year‐to‐date total
of $1.4 million is $52k or 4%
higher than the prior year and is
also $96k or 7% above the
projected year‐to‐date budget.
2015 2016 2016
Actual Budget Actual $ % $ %
Jan 226,377$ 250,883$ 1,204,479$ 978,102$ 432% 953,596$ 380%
Feb 158,616 175,787 197,327 38,710 24% 21,540 12%
Mar 343,579 380,772 208,452 (135,127) ‐39% (172,320) ‐45%
Apr 438,485 485,952 335,985 (102,500) ‐23% (149,967) ‐31%
May 394,014 436,667 475,244 81,230 21% 38,577 9%
Jun 478,186 529,951 405,179 (73,008) ‐15% (124,772) ‐24%
Jul 563,474 624,471 644,038 80,564 14% 19,567 3%
Aug 281,921 312,440 759,583 477,662 169% 447,143 143%
Sep 449,693 498,374 522,472 72,778 16% 24,098 5%
Oct 497,978 551,885 559,552 61,574 12% 7,667 1%
Nov 325,743 409,769 502,139 176,396 54% 92,369 23%
Dec 437,098 543,049
YTD Total 4,158,068$ 4,656,951$ 5,814,448$ 1,656,380$ 40% 1,157,497$ 25%
Annual Total 4,595,166$ 5,200,000$
Real Estate Excise Tax Revenues
Year to Date through November
Month
2016 vs. Budget2016 vs. 2015
2015 2016 2016
Actual Budget Actual $ % $ %
Jan 158,293$ 146,887$ 189,749$ 31,457$ 20% 42,862$ 29%
Feb 184,189 160,676 207,961 23,772 13% 47,285 29%
Mar 169,262 163,542 195,255 25,993 15% 31,713 19%
Apr 207,646 157,804 197,286 (10,361) ‐5% 39,482 25%
May 183,090 162,758 198,234 15,144 8% 35,476 22%
Jun 174,036 156,847 185,042 11,007 6% 28,196 18%
Jul 194,895 160,770 194,317 (578) 0% 33,547 21%
Aug 226,785 180,865 322,828 96,043 42% 141,964 78%
Sep 180,986 162,262 202,409 21,423 12% 40,147 25%
Oct 215,119 187,677 242,254 27,135 13% 54,577 29%
Nov 212,838 187,242 183,345 (29,493) ‐14% (3,897) ‐2%
Dec 192,018 172,672 ‐
YTD Total 2,107,138$ 1,827,328$ 2,318,680$ 211,542$ 10% 491,352$ 27%
Annual Total 2,299,156$ 2,000,000$
Gambling Tax Revenue
Month
Year to Date through November
2016 vs. Budget2016 vs. 2015
2015 2016 2016
Actual Budget Actual $ % $ %
Jan 333,343$ 324,400$ 348,118$ 14,775$ 4% 23,718$ 7%
Apr 335,218 325,536 355,430 20,212 6% 29,895 9%
Jul 340,657 328,584 343,910 3,254 1% 15,327 5%
Sep ‐ ‐ 5,000 5,000 100% 5,000 100%
Oct 339,936 327,019 348,783 8,847 3% 21,764 7%
Dec ‐ 24,462 ‐
YTD Total 1,349,154$ 1,305,538$ 1,401,242$ 52,088$ 4% 95,704$ 7%
Annual Total 1,349,154$ 1,330,000$
Month
2016 vs. 2015 2016 vs. Budget
Franchise Fees Revenue
Year to Date through November
Page 4 of 37
Monthly Financial Report November 2016
Admission Tax
Admission Tax returns are due
quarterly in January, April, July,
and October of each year.
October 2016 collections
represent activities conducted
during the 3rd quarter of 2016.
The year‐to‐date collection of
$263k is $46k or 15% less than
the prior year and is also $57k or
18% less than the budget. The
decline in revenue is due to the
closure of Regal East Valley 13
Theater at the end of 2015.
Business & Occupation Tax
Business and Occupation (B&O)
Tax is a new revenue source for
the City in 2016. It was adopted
by the Council in the 2015/2016
biennial budget. Businesses with
gross receipts of $1.5 million or
more per year, earned within the
City of Renton, will be required to
file and pay B&O tax, in lieu of the
Per Employee Fee, which is
currently reported as Business
License revenue. Year‐to‐date
receipts totaled $6.4 million. This
is due to one business reporting a
full year’s worth of activity.
Licenses and Permits
Business Licenses
Business Licenses totaled $92k
for November, which is $26k or
22% below the same month last
year but is $19k or 27% above the
current month’s budget. The
year‐to‐date Business Licenses
revenue of $1.9 million is $1.2
million or 38% below the prior
year and is also below the budget
by $35 or 2%. The annual budget
was decreased due to the City
adopting the Business &
Occupation Tax for 2016.
2015 2016 2016
Actual Budget Actual $ % $ %
Jan 83,675$ 84,589$ 76,393$ (7,282)$ ‐9% (8,196)$ ‐10%
Feb 1,371 707 1,360 (11) ‐1% 652 92%
Mar 106 55 ‐
Apr 65,108 71,870 63,088 (2,020) ‐3% (8,782) ‐12%
May 1,523 786 ‐
Jun ‐ 75 ‐
Jul 82,804 83,565 60,763 (22,042) ‐27% (22,803) ‐27%
Sep ‐ ‐ 518 518 100% 518 100%
Oct 75,167 78,334 58,934 (16,233) ‐22% (19,400) ‐25%
Nov 35 18 1,452 1,417 4065% 1,434 7971%
YTD To tal 309,790$ 320,000$ 262,506$ (45,655)$ ‐15% (56,578)$ ‐18%
Annual Total 309,790$ 320,000$
2016 vs. Budget
Admission Tax Revenue
Year to Date through November
Month
2016 vs. 2015
2015 2016 2016
Actual Budget Actual $ % $ %
Jan ‐$ ‐$ ‐$
Feb ‐ ‐ ‐
Mar ‐ ‐ ‐
Apr ‐ 4,500,000 4,578,349 4,578,349 100% 78,349 2%
May ‐ ‐ 304,032 304,032 100% 304,032 100%
Jun ‐ ‐ 30,591 30,591 100% 30,591 100%
Jul ‐ 250,000 376,209 376,209 100% 126,209 50%
Aug ‐ ‐ 334,807 334,807 100% 334,807 100%
Sep ‐ ‐ 10,779 10,779 100% 10,779 100%
Oct ‐ 250,000 603,622 603,622 100% 353,622 141%
Nov ‐ ‐ 136,933 136,933 100% 136,933 100%
Dec ‐ ‐ ‐
YTD Total ‐$ 5,000,000$ 6,375,322$ 6,375,322$ 100% 1,375,322$ 28%
Annual Total ‐$ 5,000,000$
*Total Business & Occupation Taxes (GF & CIP)
Business & Occupation Taxes*
Year to Date through November
Month
2016 vs. 2015 2016 vs. Budget
2015 2016 2016
Actual Budget Actual $ % $ %
Jan 588,093$ 981,621 559,894$ (28,199)$ ‐5% (421,727)$ ‐43%
Feb 222,022 118,452 275,059 53,038 24% 156,608 132%
Mar 26,067 17,543 31,642 5,575 21% 14,099 80%
Apr 513,360 144,635 207,099 (306,261) ‐60% 62,464 43%
May 167,985 82,039 111,131 (56,855) ‐34% 29,092 35%
Jun 25,663 21,063 26,936 1,273 5% 5,873 28%
Jul 645,791 213,106 248,769 (397,022) ‐61% 35,663 17%
Aug 134,328 74,127 121,095 (13,233) ‐10% 46,968 63%
Sep 29,333 18,678 22,190 (7,143) ‐24%3,512 19%
Oct 637,451 204,637 218,271 (419,180) ‐66% 13,634 7%
Nov 117,394 72,580 91,870 (25,524) ‐22% 19,290 27%
Dec 18,254 12,520 ‐
YTD Total 3,107,486$ 1,948,480$ 1,913,955$ (1,193,531)$ ‐38% (34,525)$ ‐2%
Annual Total 3,125,740$ 1,961,000$
*Total Business License (GF & CIP)
2016 vs. 2015
Year to Date through November
2016 vs. Budget
Business Licenses*
Month
Page 5 of 37
Monthly Financial Report November 2016
Building Permits and
Development Service Fees
Building Permits and
Development Service Fee
revenues totaled $297k in
November. The year‐to‐date
development fees revenue of
$4.8 million is $760k or 14% less
than the year before and is also
$591k or 11% lower than budget.
The large variances in January
2016, March 2016, June 2015 and
July 2015 were due to large
payments for building permits
and plan review (Southport
Developer, Group Health, Boeing
and Paccar).
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 89%
of the total revenues in this category. The year‐to‐date total Intergovernmental revenue is $10 million or 69% of the budget.
State Shared Revenues
State Shared Revenue
collections totaled $5.4
million since the start of
the year. Compared to
the prior year, State
Shared Revenues are
above by $478k or 10%.
Compared to the
projected budget, the
City is collecting $250k
or 5% more. The higher
than expected
collection is due to
collecting more than
anticipated Criminal Justice’s Sales Tax, Criminal Justice’s High Crime, and Fuel Tax.
2015 2016 2016
Actual Budget Actual $ % $ %
Jan 260,603$ 391,612$ 661,363$ 400,760$ 154% 269,751$ 69%
Feb 328,557 418,687 413,420 84,863 26% (5,267) ‐1%
Mar 275,826 363,627 583,658 307,832 112% 220,031 61%
Apr 655,282 560,700 336,108 (319,174) ‐49% (224,592) ‐40%
May 235,121 335,517 376,324 141,204 60% 40,807 12%
Jun 1,024,848 819,666 437,619 (587,229) ‐57% (382,047) ‐47%
Jul 873,549 675,349 462,211 (411,337) ‐47% (213,137) ‐32%
Aug 454,971 436,156 397,578 (57,393) ‐13% (38,578) ‐9%
Sep 586,213 552,157 380,480 (205,733) ‐35% (171,676) ‐31%
Oct 462,191 489,437 479,048 16,857 4% (10,389) ‐2%
Nov 427,863 373,411 297,449 (130,414) ‐30% (75,962) ‐20%
Dec 492,031 507,049
YTD Total 5,585,024$ 5,416,319$ 4,825,260$ (759,764)$ ‐14% (591,059)$ ‐11%
Annual Total 6,077,055$ 5,923,368$
Year to Date through November
2016 vs. Budget2016 vs. 2015
Month
Building Permits and Development Service Fees
Intergovernmental 2015 2016 Bgt YTD Act Change 2016/2015 2016 Act vs Bgt
Fire District #25 1,283,737$ 698,123$ 698,123$ (585,614)$ ‐46% $ ‐ 0%
Fire District #40 2,739,445 2,819,656 2,819,656 80,211 3%‐ 0%
State Shared Revenue 4,884,152 5,112,226 5,361,795 477,643 10% 249,568 5%
Federal Grants 806,202 402,336 402,336 (403,867) ‐50%‐ 0%
State Grants 39,894 51,275 51,274 11,381 29%‐ 0%
Other Grants/Intgovt 880,802 659,793 647,867 (232,936) ‐26% (11,927) ‐2%
ARRA Grants ‐ 0 ‐ ‐ N/A ‐ 0%
Total Rev YTD 10,634,232$ 9,743,409$ 9,981,050$ (653,182)$ ‐6%237,641$ 2%
Total Rev Annual 13,842,673$ 14,433,452$
YTD %77% 68% 69%
Note: Includes CJ Sales Tax and FD25 & FD40 contracts
2015 2016 2016
Actual Budget Actual $ % $ %
Crim Just Sales Tax 2,275,933$ 2,361,786$ 2,479,835$ 203,901$ 9% 118,049$ 5%
Judicial Contribution 21,873 ‐ 18,092 (3,781) ‐17% 18,092 100%
Crim Just ‐ High Crime 281,859 250,000 289,982 8,123 3% 39,982 16%
Crim Just ‐ Pop 25,972 24,000 27,122 1,149 4% 3,122 13%
Crim Just ‐ Spec Prog 95,162 89,000 98,887 3,725 4% 9,887 11%
State DUI 14,725 17,000 15,353 628 4% (1,647) ‐10%
Marijuana Enforcement 2,929 ‐ 17,739 14,811 506% 17,739 100%
Liquor Profits 638,833 637,643 636,375 (2,457) 0% (1,267) 0%
Liquor Excise Tax 264,628 440,000 459,427 194,799 74% 19,427 4%
Fuel Tax 1,262,237 1,292,798 1,318,983 56,745 4% 26,185 2%
YTD Total 4,884,152$ 5,112,226$ 5,361,795$ 477,643$ 10% 249,568$ 5%
Annual Total 5,439,235$ 5,672,795$
State Shared Revenues
2016 vs. 2015
Revenue
Year to Date through November
2016 vs. Budget
Page 6 of 37
Monthly Financial Report November 2016
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
64% of the total revenue in this category. The year‐to‐date total charges for services are $7.3 million or 92% of the budget.
The following sections provide detail information for Public Safety, Recreation, and Interfund Services.
Public Safety Services
Public Safety Services totaled
$916k since the start of the year.
These services include private
security, adult probation
services, monitoring of prisoners,
and intergovernmental public
safety services (non‐grants).
Compared to the prior year, the
City is collecting $316k or 53%
more. Compared to the year‐to‐
date budget, the City is over
budget by $335k or 58%. The
variance with the prior year and
budget is due to collecting 4 large
payments/reimbursements for
electronic home detention and
School Resource Officer programs.
Recreation
Recreation revenues totaled
$68k for the current month.
Compared to the same month
the prior year, the City collected
$7k or 11% more. Compared to
the projected monthly budget,
the City collected $13k or 24%
more. The year‐to‐date
collection of $1.6 million is $48k
or 3% higher than the year before
but is $94k or 6% lower than the
year‐to‐date budget.
2015 2016 2016
Actual Budget Actual $ % $ %
Jan 58,509$ 74,126$ 104,644$ 46,135$ 79% 30,518$ 41%
Feb 42,228 36,766 99,623 57,395 136% 62,858 171%
Mar 62,481 44,821 58,031 (4,450) ‐7% 13,211 29%
Apr 146,715 77,816 51,002 (95,713) ‐65% (26,814) ‐34%
May 55,309 38,231 48,201 (7,108) ‐13% 9,970 26%
Jun 33,004 59,020 179,089 146,085 443% 120,069 203%
Jul 39,540 40,294 34,906 (4,634) ‐12% (5,388) ‐13%
Aug 59,046 51,865 44,439 (14,608) ‐25% (7,426) ‐14%
Sep 23,104 28,310 67,570 44,466 192% 39,261 139%
Oct 33,339 94,331 160,438 127,100 381% 66,107 70%
Nov 46,384 35,303 67,763 21,379 46% 32,460 92%
Dec 51,339 49,254 ‐
YTD Total 599,658$ 580,881$ 915,706$ 316,048$ 53% 334,825$ 58%
Annual Total 650,997$ 630,135$
2016 vs. Budget
Month
2016 vs. 2015
Year to Date through November
Public Safety Services
2015 2016 2016
Actual Budget Actual $ % $ %
Jan 117,124$ 104,917$ 163,783$ 46,659$ 40% 58,866$ 56%
Feb 30,177 55,678 48,009 17,832 59% (7,669) ‐14%
Mar 35,946 57,563 60,615 24,669 69% 3,052 5%
Apr 91,404 152,158 112,627 21,224 23% (39,530) ‐26%
May 64,015 96,002 72,246 8,231 13% (23,756) ‐25%
Jun 227,942 225,001 239,771 11,829 5% 14,769 7%
Jul 428,943 420,247 325,043 (103,900) ‐24% (95,203) ‐23%
Aug 313,197 314,325 349,650 36,453 12% 35,325 11%
Sep 119,720 134,250 107,652 (12,068) ‐10% (26,598) ‐20%
Oct 55,478 72,003 45,706 (9,772) ‐18% (26,297) ‐37%
Nov 61,601 55,079 68,324 6,723 11% 13,245 24%
Dec 42,331 40,169 ‐
YTD Total 1,545,547$ 1,687,224$ 1,593,428$ 47,881$ 3% (93,796)$ ‐6%
Annual Total 1,587,878$ 1,727,393$
2016 vs. Budget2016 vs. 2015
Month
Recreation
Year to Date through November
Page 7 of 37
Monthly Financial Report November 2016
Interfund Services
The year‐to‐date collections for
Interfund Services revenues are
$3.1 million. Compared to the
prior year, the revenues are over
by $185k or 6%. Compared to the
projected budget, the revenues
are below by $86k or 3%. 2016’s
monthly budgets are based on
1/12th of the annual budget. The
majority of these revenues are
related to indirect cost
allocations, which are internal
administrative costs. The
remaining costs consist of
Development Services division’s
inspection fees, Parks Planning
and Natural Resources division’s capital investment program reimbursements, Transportation division’s capital investment
program reimbursements, and Maintenance division’s street maintenance reimbursements.
Fines and Penalties
These revenue sources contain
civil (penalties, infractions, and
parking), criminal (traffic, non‐
traffic, and costs), and non‐court
fines, forfeitures, and penalties.
The table below breaks down
these fines by type. The year‐to‐
date total fines and penalties is
$2.6 million. This is $147k or 5%
lower than a year ago and is also
$438k or 15% below the budget.
The reason for the variance with
the budget is due to a change in
accounting for December 2014’s
revenue. In the past we would
record December through November, but starting in 2015 we are recording January through December. 2016’s budget is
based on 2014/2015 activity.
2015 2016 2016
Actual Budget Actual $ % $ %
Jan 265,068$ 286,617$ 272,841$ 7,774$ 3% (13,776)$ ‐5%
Feb 264,413 286,617 286,748 22,336 8% 131 0%
Mar 260,071 286,617 305,054 44,983 17% 18,437 6%
Apr 248,466 286,617 276,238 27,772 11% (10,380) ‐4%
May 260,774 286,617 272,641 11,867 5% (13,976) ‐5%
Jun 292,480 286,617 260,223 (32,257) ‐11% (26,394) ‐9%
Jul 252,451 286,617 259,888 7,438 3% (26,729) ‐9%
Aug 248,774 286,617 273,851 25,076 10% (12,767) ‐4%
Sep 247,822 286,617 286,057 38,236 15% (560) 0%
Oct 283,145 286,617 277,517 (5,628) ‐2% (9,100) ‐3%
Nov 257,874 286,617 295,584 37,710 15% 8,967 3%
Dec 225,093 286,617 ‐
YTD Total 2,881,338$ 3,152,789$ 3,066,643$ 185,306$ 6% (86,146)$ ‐3%
Annual Total 3,106,430$ 3,439,406$
2016 vs. Budget
Month
Interfund Services
Year to Date through November
2016 vs. 2015
2015 2016 2016
Actual Budget Actual $ % $ %
Jan 124,856$ 152,177$ 136,421$ 11,565$ 9% (15,756)$ ‐10%
Feb 213,981 215,466 217,667 3,686 2% 2,201 1%
Mar 275,737 281,062 263,648 (12,088) ‐4% (17,414) ‐6%
Apr 245,206 298,933 250,873 5,667 2% (48,060) ‐16%
May 257,217 273,396 214,613 (42,604) ‐17% (58,783) ‐22%
Jun 268,116 288,287 261,254 (6,862) ‐3% (27,033) ‐9%
Jul 221,949 246,930 222,267 318 0% (24,663) ‐10%
Aug 280,257 313,023 274,964 (5,293) ‐2% (38,059) ‐12%
Sep 272,343 299,806 200,986 (71,357) ‐26% (98,820) ‐33%
Oct 260,327 290,029 238,517 (21,810) ‐8% (51,512) ‐18%
Nov 281,222 333,431 273,338 (7,884) ‐3% (60,093) ‐18%
Dec 318,027 327,959
YTD Total 2,701,209$ 2,992,541$ 2,554,549$ (146,660)$ ‐5% (437,993)$ ‐15%
Annual Total 3,019,236$ 3,320,500$
Month
2016 vs. Budget2016 vs. 2015
Year to Date through November
Fines and Penalties by Month
Year to Date through November
2015 2016 2016
Actual Budget Actual $ % $ %
Civil Penalties 3,135$ 14,164$ 2,193$ (942)$ ‐30% (11,971)$ ‐85%
Civil Infraction Penalties 369,835 573,685 311,551 (58,284) ‐16% (262,135) ‐46%
Civil Parking Infraction Penalties 142,674 180,076 146,890 4,216 3% (33,186) ‐18%
Photo Enforcement Program 1,934,263 1,948,795 1,783,243 (151,021) ‐8% (165,552) ‐8%
Criminal Traffic Misdemeanor Fines 76,752 102,802 68,719 (8,034) ‐10% (34,083) ‐33%
Criminal Non‐Traffic Fines 52,014 42,400 24,421 (27,593) ‐53% (17,979) ‐42%
Criminal Costs 90,563 110,993 81,841 (8,722) ‐10% (29,152) ‐26%
Non‐Court Fines, Forfeitures and Penalties 31,973 19,625 135,692 103,720 324% 116,067 591%
YTD Total 2,701,209$ 2,992,541$ 2,554,549$ (146,660)$ ‐5% (437,993)$ ‐15%
Annual Total 3,019,236$ 3,320,500$
Revenue
2016 vs. Budget
Fines and Penalties by Type
2016 vs. 2015
Page 8 of 37
Monthly Financial Report November 2016
Included in the Fines and Penalties revenue
budget is $2.2 million from the Photo
Enforcement program. The monthly budget
is based on the prior year’s revenue. The
year‐to‐date collections from this program
equates to $1.8 million.
The associated costs includes the equipment
provided by American Traffic Solutions, Inc.
(ATS), dedicated 1 FTE in the Court Services
Department to process the increased
caseload and 1.1 FTEs in the Police
Department for support services. This staff
time, along with a 50% pro tem budget and
interpreter costs amounts to $320k for
personnel costs. The total costs for the
program equates to $1.1 million which is
represented in the table. Due to the timing
of when the invoice was received, January 2016’s equipment rental cost was recorded in February.
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. The year‐to‐date total
miscellaneous is $2.8 million.
Compared to last year, the
revenues are above by $829k or
43%. Compared to the projected
year‐to‐date budget, the
revenues are over by $671k or
32%. The large variance with the
prior year and budget is due to
collecting more than anticipated Interest, Other, and Seizure Funds. Seizure Funds are restricted to drug enforcement only
and are not available for general operating purposes.
2015 2016 2016
Actual Budget Actual $ % $ %
Jan 269,664$ 199,599$ 258,876$ (10,789)$ ‐4% 59,276$ 30%
Feb 135,539 108,716 802,908 667,369 492% 694,193 639%
Mar 182,386 107,242 125,950 (56,436) ‐31% 18,708 17%
Apr 132,893 128,174 142,439 9,546 7% 14,265 11%
May 144,753 101,465 139,504 (5,249) ‐4% 38,039 37%
Jun 215,629 224,184 174,848 (40,781) ‐19% (49,336) ‐22%
Jul 189,913 65,270 181,285 (8,628) ‐5% 116,015 178%
Aug 199,969 130,905 294,665 94,696 47% 163,759 125%
Sep 139,977 741,419 160,616 20,638 15% (580,803) ‐78%
Oct 173,512 170,905 152,817 (20,695) ‐12% (18,088) ‐11%
Nov 148,227 112,137 327,568 179,340 121% 215,430 192%
Dec 435,114 451,742
YTD Total 1,932,462$ 2,090,017$ 2,761,475$ 829,014$ 43% 671,458$ 32%
Annual Total 2,367,576$ 2,541,759$
Year to Date through November
Month
2016 vs. Budget2016 vs. 2015
Miscellaneous Revenues by Month
Favorable
16 Budget 16 Actual 16 Budget 16 Actual (Unfavorable)1
Jan 103,426$ 131,281$ 89,912$ 26,662$ 104,619$
Feb 124,175 167,005 89,912 97,181 69,824
Mar 170,255 184,903 89,912 95,109 89,794
Apr 187,598 168,524 89,912 95,106 73,417
May 163,442 143,229 89,912 95,046 48,182
Jun 186,599 193,341 89,912 95,109 98,232
Jul 164,807 144,672 89,912 95,037 49,635
Aug 221,543 154,121 89,912 94,934 59,187
Sep 213,406 130,456 89,912 94,875 35,580
Oct 195,225 169,329 89,912 94,953 74,376
Nov 218,318 196,382 89,912 95,070 101,312
Dec 245,205 ‐ 89,912 ‐ ‐
YTD Total 1,948,795$ 1,783,243$ 989,031$ 979,085$ 804,158$
Annual Total 2,194,000$ 1,078,943$
1Actuals of Revenues and Expenses
Photo Enforcement Program
Year to Date through November
Month
Revenues Expenses
2015 2016 2016
Actual Budget Actual $ % $ %
Interests and Other Earnings 637,433$ 555,736$ 655,986$ 18,552$ 3% 100,249$ 18%
Rents, Leases, and Concessions 738,668 578,030 617,485 (121,183) ‐16% 39,456 7%
Contributions/Donations from Private Sources 137,537 95,578 87,363 (50,174) ‐36% (8,215) ‐9%
Other 397,147 265,473 387,888 (9,259) ‐2% 122,415 46%
Seizure Funds ‐ Federal/State/Local 21,676 595,200 1,012,754 991,077 4572% 417,554 70%
YTD Total 1,932,462$ 2,090,017$ 2,761,475$ 829,014$ 43% 671,458$ 32%
An nual Total 2,367,576$ 2,541,759$
2016 vs. Budget
Miscellaneous Revenues by Type
Year to Date through November
Revenue
2016 vs. 2015
Page 9 of 37
Monthly Financial Report November 2016
EXPENSES
Overall the City has expended 78% of its budgeted general governmental expenditures at the end of November. This is $5.8
million or 5.5% below year‐to‐date budgeted expenditures. $2.3 million of the savings is related to the Police department
which is consists of restricted seizure funds, restricted grant funds, and unsettled Police union contract agreement (all of
which will be carried forward into 2017). See below for summary of unfavorable items for general governmental
departments.
Executive department is over the year‐to‐date budget by $8k or 0.5%. This is due to overspending on the year‐to‐date
budget for general professional services (public defenders and community/government relations contracts). We believe
the overall actuals will be within budget or very close at year‐end.
Page 10 of 37
Monthly Financial Report November 2016
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. The negative beginning fund balance for the Golf Course fund is due to receiving less than anticipated user
fees in 2015. This negative balance will be corrected at the end of 2016 due to the Golf Course making its final payment for
debt service (interfund loan) in 2015. 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 ‐ ‐ ‐ ‐ 77,073 50,000 ‐
Grants / intergovernmental 738,465 ‐ 111,688 ‐ 2,212,495 1,587,402 ‐
Charges for services 135,491 1,746,437 15,651,727 16,088,977 9,153,821 9,912,300 14,792,629
Interdepartmental services ‐ ‐ ‐ ‐ ‐ ‐ ‐
Fines and penalties 3,217 ‐ ‐ ‐ 522 ‐ ‐
Rents, leases, and misc fees 2,368,750 403,195 120,134 172,171 ‐ ‐ ‐
Interest and other misc 9,986 1,673 14,587 5,373,384 3,664,088 2,524,220 19,176
TOTAL REVENUES 3,255,909 2,151,305 15,898,137 21,634,532 15,107,999 14,073,922 14,811,805
EXPENSES:
Utility billing ‐ ‐ 126,739 110,572 91,495 147,737 ‐
Utility systems ‐ ‐ 13,755,278 3,239,334 2,971,791 11,181,112 ‐
Utility maintenance ‐ ‐ 271,106 4,983,034 1,518,953 2,479,776 13,852,053
Transportation 1,523,676 ‐ ‐ ‐ ‐ ‐ ‐
Golf ‐ 1,812,918 ‐ ‐ ‐ ‐ ‐
TOTAL EXPENSES 1,523,676 1,812,918 14,153,123 8,332,940 4,582,239 13,808,625 13,852,053
AMOUNT AVAILABLE FOR DEBT SERVICE 1,732,233 338,387 1,745,013 13,301,592 10,525,760 265,297 959,752
DEBT SERVICE:
Principal ‐ ‐ ‐ 4,948,910 2,908,794 2,044,534 ‐
Interest ‐ ‐ ‐ 323,916 163,160 617,153 ‐
TOTAL DEBT SERVICE ‐ ‐ ‐ 5,272,826 3,071,954 2,661,687 ‐
CAPITAL PROJECTS 140,908 86,915 ‐ 1,050,890 4,116,532 3,537,362 ‐
TRANSFERS IN/(OUT)‐ ‐ ‐ (1,408) (5,974) (2,689) ‐
CHANGE IN FUND BALANCE 1,591,325 251,472 1,745,013 6,976,468 3,331,300 (5,936,441) 959,752
BEGINNING FUND BALANCE, Jan 1 1,144,749 (110,056) 2,151,456 22,681,621 11,636,515 10,682,778 3,992,378
ENDING FUND BALANCE, Nov 30 2,736,074 141,416 3,896,469 29,658,089 14,967,815 4,746,337 4,952,130
Page 11 of 37
Monthly Financial Report November 2016
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 ‐ 176,251 ‐ ‐ ‐ ‐ ‐
Grants / intergovernmental ‐ ‐ ‐ ‐ ‐ ‐ 42,430
Charges for services
Equipment rental m&o 2,599,472 3,051,032 ‐ ‐ ‐ ‐ ‐
Print and mail ‐ 47,414 ‐ 376,049 ‐ ‐ ‐
Communications ‐ 324,583 387,500 517,475 ‐ ‐ ‐
Facilities ‐ ‐ 4,168,912 ‐ ‐ ‐ ‐
Data cards and cell phones ‐ 136,498 ‐ ‐ ‐ ‐ ‐
IT service contracts ‐ 434,458 ‐ ‐ ‐ ‐ ‐
Interest and other misc 26,441 10,686 6,241 2,562 56,595 32,561 38,887
Internal service fund misc:
Vehicle / equipment capital recovery 2,621,843 134,751 ‐ ‐ ‐ ‐ ‐
Insurance premiums ‐ ‐ ‐ ‐ 1,643,186 ‐ ‐
Worker's comp/unemployment ‐ ‐ ‐ ‐ 1,606,427 ‐ ‐
Benefit premiums ‐ ‐ ‐ ‐ ‐ 9,923,162 2,039,900
Other misc 4,682 166 9,273 ‐ ‐ 951,545 18,229
Interfund Loan ‐ ‐ ‐ ‐ 321,298 ‐ ‐
Capital contributions ‐ ‐ ‐ ‐ ‐ ‐ ‐
Disposal of capital assets 89,647 ‐ ‐ ‐ ‐ ‐ ‐
Insurance recoveries ‐ ‐ ‐ ‐ 222,272 ‐ ‐
TOTAL REVENUES 5,342,085 4,315,839 4,571,926 896,086 3,849,778 10,907,268 2,139,446
EXPENSES:
Communications 501,671
Equipment rental 3,514,874
Facilities 3,923,594
Healthcare 12,195,796
Information technology 3,774,033
Print and mail 354,625
Retiree healthcare 1,079,943
Risk management:
Risk management 1,949,854
Unemployment 87,557
Worker's compensation 1,728,642
TOTAL EXPENSES 3,514,874 3,774,033 3,923,594 856,296 3,766,053 12,195,796 1,079,943
AMOUNT AVAILABLE FOR CAPITAL 1,827,211 541,806 648,332 39,790 83,725 (1,288,528) 1,059,503
CAPITAL PROJECTS 881,990 213,062 171,035 ‐ ‐ ‐ ‐
TRANSFERS IN ‐ 45,744 ‐ 12,500 ‐ ‐ ‐
TRANSFERS (OUT)‐ ‐ ‐ ‐ ‐ ‐ ‐
CHANGE IN FUND BALANCE 945,221 374,488 477,297 52,290 83,725 (1,288,528) 1,059,503
BEGINNING FUND BALANCE, Jan 1 5,620,280 2,327,309 1,259,503 576,333 13,085,310 7,523,267 8,892,488
ENDING FUND BALANCE, Nov 30 6,565,501 2,701,797 1,736,800 628,623 13,169,035 6,234,739 9,951,991
Page 12 of 37
Monthly Financial Report November 2016
FUND BALANCE
Page 14 shows the ending fund balance as of November 2016. The City’s fund balance is a combination of current
deficit/surplus of funds which have accrued from unexpended operating budgets, unanticipated excess revenues, and from
balances accumulated from prior years.
The prior year’s balances (or beginning balance) include funds identified as being reserved for specific purposes or required
to meet the current year’s appropriations. These balances also provide financial stability to the City’s operation during
uncertain times and provide a layer of security to bondholders.
At the end of November, the City has $35.7 million reported in the combined general governmental fund balance of the
current year’s operating budget, which is approximately 28% of budgeted operating expenditures. This is an increase of $15.8
million from the year’s beginning balance. November’s ending fund balance is over the anticipated General Governmental
Fund Balance of $26.1 million by $9.6 million or 36.8%. Although the ending fund balance is above projections, it is consistent
with the prior years’ trends.
CONTACT INFORMATION
This report is prepared by the Finance Division of the Administrative Services Department. For additional financial
information, please also review our website: http://www.rentonwa.gov/. For any questions about the report, please feel
free to contact us at hnguyen@rentonwa.gov or JDThomas@Rentonwa.gov.
Page 13 of 37
Monthly Financial Report November 2016
City of Renton
All Funds ‐ Revenue, Expenditures and Fund Balances
Cash Basis through November 30, 2016
Funds
Balance
01/01/2016
Budgeted
Revenue
Revenue
11/30/16
Total Funds
Available
Budgeted
Expenditure
Expenditure
11/30/16 Ending Balance
GENERAL GOVERNMENT FUNDS: 19,962,845 125,849,416 116,702,709 136,665,554 128,753,259 100,928,993 35,736,561
000 General 12,622,447 93,657,021 87,767,277 100,389,724 96,231,413 78,081,919 22,307,805
001 Community Services 2,818,784 13,117,674 12,169,367 14,988,151 13,361,577 10,754,418 4,233,733
003 Street 2,422,668 10,363,584 10,104,644 12,527,312 11,569,492 9,975,917 2,551,394
004 Community Dev Block Grant 66,654 882,158 126,362 193,016 882,158 258,185 (65,168)
005 Museum 66,388 235,281 235,481 301,869 235,281 210,229 91,640
009 Farmers Market 110,830 120,022 77,721 188,551 111,256 96,147 92,404
011 Fire Health & Wellness 88,406 25,000 23,075 111,481 113,406 103,231 8,250
201 Ltd GO Bonds Gen Govt Debt 845,273 1,755,255 1,761,043 2,606,316 1,755,255 73,725 2,532,591
215 Gen Govt Mi sc Debt Service 921,395 5,693,421 4,437,738 5,359,133 4,493,421 1,375,221 3,983,913
SPECIAL REVENUE FUNDS: 1,681,875 1,931,140 1,931,821 3,613,696 2,709,762 1,413,271 2,200,425
102 Arterial Street 31,697 650,000 621,986 653,683 650,000 ‐ 653,683
108 Leased City Properties 560,515 943,466 881,756 1,442,271 1,466,244 1,199,594 242,677
110 Hotel Motel 315,590 225,000 294,654 610,244 326,298 156,652 453,592
125 1% For Art 111,206 15,000 459 111,665 102,950 ‐ 111,665
127 Cable Communication 330,376 97,674 131,595 461,971 164,270 57,025 404,946
135 Springbrook Wetlands Bank 332,491 ‐ 1,371 333,862 ‐ ‐ 333,862
CAPITAL PROJECT FUNDS (CIP):21,039,649 32,296,166 15,382,587 36,422,236 46,940,153 14,209,442 22,212,794
303 Community Dev Mitigation 1,239,509 86,500 274,240 1,513,749 276,289 ‐ 1,513,749
304 Fire Mitigation 1,209,670 99,000 235,803 1,445,473 850,000 ‐ 1,445,473
305 Transportation Mitigation 937,248 610,660 586,369 1,523,617 110,660 ‐ 1,523,617
316 Municipal Facilities CIP 9,264,141 10,642,477 4,900,988 14,165,129 18,805,652 2,439,239 11,725,890
317 Transportation CIP 3,947,132 20,857,529 9,368,388 13,315,520 23,460,878 10,785,165 2,530,355
326 Housing Opportunity 1,041,775 ‐ 4,298 1,046,073 36,500 5,410 1,040,663
336 New Library Development 3,400,174 ‐ 12,501 3,412,675 3,400,174 979,628 2,433,047
ENTERPRISE FUNDS: 52,179,441 114,589,323 86,979,441 139,158,882 132,596,982 78,060,557 61,098,325
4X2 Airport Operating & CIP 1,144,749 14,755,346 3,255,910 4,400,659 14,301,353 1,664,585 2,736,074
403 Solid Waste Utility 2,151,456 16,514,320 15,898,136 18,049,592 17,140,339 14,153,123 3,896,469
4X4 Golf Operating & CIP (110,056) 2,812,793 2,197,137 2,087,081 2,295,432 1,945,667 141,414
4X5 Water Operating & CIP 22,681,621 20,907,021 21,634,532 44,316,153 30,690,837 14,658,065 29,658,088
4X6 Waste Water Operating & CIP 11,636,515 18,046,588 15,107,999 26,744,514 22,137,504 11,776,700 14,967,814
416 King County Metro 3,992,378 16,638,722 14,811,805 18,804,183 16,638,722 13,852,053 4,952,130
4X7 Surface Water Operating & CIP 10,682,778 24,914,533 14,073,922 24,756,700 29,392,795 20,010,364 4,746,336
INTERNAL SERVICE FUNDS:39,284,490 37,793,031 32,080,673 71,365,163 41,309,074 30,376,676 40,988,487
501 Equipment Repair/Replacement 5,620,280 6,164,145 5,342,086 10,962,366 5,685,530 4,396,864 6,565,502
502 Insurance 13,085,310 4,166,201 3,849,778 16,935,088 3,662,594 3,766,053 13,169,035
503 Information Services 2,327,309 4,900,871 4,361,583 6,688,892 6,077,478 3,987,095 2,701,797
504 Facilities 1,259,503 4,953,544 4,571,926 5,831,429 5,407,389 4,094,629 1,736,800
505 Communications 576,333 1,040,239 908,586 1,484,919 1,112,381 856,296 628,623
512 Insurance, Healthcare 7,523,267 14,295,824 10,907,268 18,430,535 18,196,149 12,195,796 6,234,739
522 Insurance, Leoff1 Retirees HC 8,892,488 2,272,207 2,139,446 11,031,934 1,167,553 1,079,943 9,951,991
FIDUCIARY F UNDS:5,299,035 468,000 486,103 5,785,138 200,475 190,094 5,595,044
611 Firemen's Pension 5,299,035 468,000 486,103 5,785,138 200,475 190,094 5,595,044
TOTAL FUNDS 139,447,335 312,927,076 253,563,334 393,010,669 352,509,705 225,179,033 167,831,636
Page 14 of 37
City of Renton
General Government Financial Position
2016 Budget Year
General Government Summary
Revenues Expenditures
$ Difference
over (under)
w/beginning
balance
19,962,845
January 7,317,475 8,625,290 (1,307,815) 18,655,030
February 14,715,559 18,026,295 (3,310,736) 16,652,109
March 21,798,267 27,039,048 (5,240,781) 14,722,064
April 40,464,776 35,281,644 5,183,131 25,145,976
May 57,969,563 44,251,964 13,717,599 33,680,444
June 64,628,067 53,224,181 11,403,886 31,366,731
July 71,753,118 67,206,203 4,546,916 24,509,761
August 79,378,013 74,281,749 5,096,264 25,059,109
September 85,974,133 81,242,284 4,731,848 24,694,693
October 99,791,497 94,419,834 5,371,663 25,334,508
November 116,702,709 100,928,993 15,773,716 35,736,561
December
(9,000,000)
(8,000,000)
(7,000,000)
(6,000,000)
(5,000,000)
(4,000,000)
(3,000,000)
(2,000,000)
(1,000,000)
‐
1,000,000
2,000,000
3,000,000
4,000,000
5,000,000
6,000,000
7,000,000
8,000,000
9,000,000
10,000,000
11,000,000
12,000,000
13,000,000
14,000,000
15,000,000
16,000,000
17,000,000
18,000,000
‐
10,000,000
20,000,000
30,000,000
40,000,000
50,000,000
60,000,000
70,000,000
80,000,000
90,000,000
100,000,000
110,000,000
120,000,000
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Change in Fund
Balance
Rev/Exp Revenues
Expenditures
Change in Fund Balance
Page 15 of 37
City of Renton
Monthly Revenue Analysis ‐ 2016 Budget Year
General
Government Budget
YTD
Actual
Annual %
over (under)
Jan 6,517,513 7,317,475 12.27%
Feb 13,167,849 14,715,559 11.75%
Mar 20,078,807 21,798,267 8.56%
Apr 39,751,237 40,464,776 1.80%
May 56,754,474 57,969,563 2.14%
Jun 62,913,269 64,628,067 2.73%
Jul 69,805,310 71,753,118 2.79%
Aug 76,273,536 79,378,013 4.07%
Sep 83,597,833 85,974,133 2.84%
Oct 96,800,356 99,791,497 3.09%
Nov 112,928,526 116,702,709 3.34%
Dec 125,849,415
Percent of budget 92.73%
Property Tax Budget
YTD
Actual
Annual %
over (under)
Jan 68,794 44,745 ‐34.96%
Feb 382,923 359,864 ‐6.02%
Mar 1,343,934 1,633,550 21.55%
Apr 11,739,798 9,489,780 ‐19.17%
May 19,499,635 19,396,313 ‐0.53%
Jun 19,650,371 19,534,107 ‐0.59%
Jul 19,717,283 19,591,281 ‐0.64%
Aug 19,814,300 19,831,817 0.09%
Sep 20,388,854 20,390,534 0.01%
Oct 26,797,806 26,624,443 ‐0.65%
Nov 37,004,304 36,893,234 ‐0.30%
Dec 37,213,314
Percent of budget 99.14%
$‐
$10
$20
$30
$40
$50
$60
$70
$80
$90
$100
$110
$120
$130
$140
Millions
Total Revenue
General Government
Budget
Actual
Last Year
$‐
$3
$6
$9
$12
$15
$18
$21
$24
$27
$30
$33
$36
$39
Millions Property Tax
Budget
Actual
Last Year
Page 16 of 37
City of Renton
Monthly Revenue Analysis ‐ 2016 Budget Year
Sales Tax Budget
YTD
Actual
Annual %
over (under)
Jan 2,169,936 2,212,710 1.97%
Feb 4,845,486 4,807,357 ‐0.79%
Mar 6,916,017 6,882,003 ‐0.49%
Apr 8,977,504 8,995,034 0.20%
May 11,417,259 11,583,888 1.46%
Jun 13,566,148 13,963,417 2.93%
Jul 15,793,754 16,317,079 3.31%
Aug 18,288,563 19,044,048 4.13%
Sep 20,678,990 21,480,124 3.87%
Oct 23,140,231 24,170,845 4.45%
Nov 25,681,143 27,002,419 5.14%
Dec 28,100,000
Percent of budget 96.09%
Note: Excludes CJ Sales Tax and Natural Gas Use Tax.
Utility Tax Budget
YTD
Actual
Annual %
over (under)
Jan 1,376,913 1,509,960 9.66%
Feb 2,788,817 3,107,308 11.42%
Mar 4,318,909 4,531,081 4.91%
Apr 5,538,866 5,877,363 6.11%
May 6,822,678 7,240,686 6.13%
Jun 8,119,957 8,366,531 3.04%
Jul 9,268,345 9,642,866 4.04%
Aug 10,548,232 10,890,792 3.25%
Sep 11,740,472 12,168,294 3.64%
Oct 12,923,109 13,520,182 4.62%
Nov 14,164,087 14,648,282 3.42%
Dec 15,552,444
Percent of budget 94.19%
Note: Includes Natural Gas Use Tax.
$‐
$3
$6
$9
$12
$15
$18
$21
$24
$27
Millions Sales Tax
Budget
Actual
Last Year
$‐
$2
$4
$6
$8
$10
$12
$14
$16
$18
Millions Utility Tax
Budget
Actual
Last Year
Page 17 of 37
City of Renton
Monthly Revenue Analysis ‐ 2016 Budget Year
Licenses &
Permits Budget
YTD
Actual
Annual %
over (under)
Jan 487,642 707,784 45.14%
Feb 831,464 1,079,373 29.82%
Mar 1,076,639 1,559,970 44.89%
Apr 1,451,255 1,809,916 24.71%
May 1,741,566 2,089,751 19.99%
Jun 2,188,568 2,314,634 5.76%
Jul 2,798,270 2,716,644 ‐2.92%
Aug 3,178,244 3,035,243 ‐4.50%
Sep 3,647,384 3,328,686 ‐8.74%
Oct 4,074,674 3,717,906 ‐8.76%
Nov 4,357,004 3,933,912 ‐9.71%
Dec 4,647,000
Percent of budget 84.65%
Note: GF only
Intergovt'l Budget
YTD
Actual
Annual %
over (under)
Jan 574,724 589,820 2.63%
Feb 1,180,291 1,223,323 3.65%
Mar 1,726,463 1,784,286 3.35%
Apr 2,346,422 2,487,675 6.02%
May 6,049,855 6,211,081 2.66%
Jun 6,972,553 7,149,225 2.53%
Jul 7,465,223 7,708,932 3.26%
Aug 8,076,002 8,340,808 3.28%
Sep 8,663,731 8,934,054 3.12%
Oct 9,186,226 9,487,270 3.28%
Nov 9,743,409 9,981,050 2.44%
Dec 14,433,452
Percent of budget 69.15%
Note: Includes CJ Sales Tax and FD25 & FD40 contracts
$‐
$2
$4
$6
$8
$10
$12
$14
$16
Millions
Intergovernmental
Budget
Actual
Last Year
$‐
$0.50
$1.00
$1.50
$2.00
$2.50
$3.00
$3.50
$4.00
$4.50
Millions Licenses & Permits
Budget
Actual
Last Year
Page 18 of 37
City of Renton
Monthly Revenue Analysis ‐ 2016 Budget Year
Charges for
Services Budget
YTD
Actual
Annual %
over (under)
Jan 586,575 640,658 9.22%
Feb 1,094,135 1,197,265 9.43%
Mar 1,666,865 1,777,230 6.62%
Apr 2,446,007 2,377,940 ‐2.78%
May 2,962,444 2,926,771 ‐1.20%
Jun 3,948,930 3,873,402 ‐1.91%
Jul 4,837,157 4,648,795 ‐3.89%
Aug 5,593,436 5,488,977 ‐1.87%
Sep 6,163,484 6,084,569 ‐1.28%
Oct 6,754,156 6,724,439 ‐0.44%
Nov 7,268,708 7,301,163 0.45%
Dec 7,909,932
Percent of budget 92.30%
Note: Excludes FD25 & FD40 contracts
Fines &
Forfeits Budget
YTD
Actual
Annual %
over (under)
Jan 152,177 136,421 ‐10.35%
Feb 367,643 354,088 ‐3.69%
Mar 648,705 617,736 ‐4.77%
Apr 947,638 868,609 ‐8.34%
May 1,221,034 1,083,222 ‐11.29%
Jun 1,509,321 1,344,477 ‐10.92%
Jul 1,756,252 1,566,744 ‐10.79%
Aug 2,069,275 1,841,708 ‐11.00%
Sep 2,369,080 2,042,694 ‐13.78%
Oct 2,659,110 2,281,211 ‐14.21%
Nov 2,992,541 2,554,549 ‐14.64%
Dec 3,320,500
Percent of budget 76.93%
$‐
$1
$2
$3
$4
$5
$6
$7
$8
$9
Millions Charges for Services
Budget
Actual
Last Year
$‐
$0.50
$1.00
$1.50
$2.00
$2.50
$3.00
$3.50
Millions Fines & Forfeits
Budget
Actual
Last Year
Page 19 of 37
City of Renton
Monthly Revenue Analysis ‐ 2016 Budget Year
Other Taxes Budget
YTD
Actual
Annual %
over (under)
Jan 725,986 1,216,500 67.57%
Feb 1,018,440 1,525,197 49.76%
Mar 1,440,215 1,824,678 26.69%
Apr 5,059,345 7,228,286 42.87%
May 5,518,967 5,968,173 8.14%
Jun 6,081,965 6,431,675 5.75%
Jul 7,228,301 7,728,893 6.93%
Aug 7,633,852 8,778,071 14.99%
Sep 8,132,788 9,258,013 13.84%
Oct 9,281,088 10,825,217 16.64%
Nov 9,598,253 11,597,564 20.83%
Dec 10,029,000
Percent of budget 115.64%
Misc Budget
YTD
Actual
Annual %
over (under)
Jan 199,599 258,876 29.70%
Feb 308,315 1,061,784 244.38%
Mar 415,557 1,187,734 185.82%
Apr 543,731 1,330,173 144.64%
May 645,196 1,469,677 127.79%
Jun 869,381 1,644,525 89.16%
Jul 934,651 1,825,810 95.35%
Aug 1,065,556 2,120,475 99.00%
Sep 1,806,974 2,281,090 26.24%
Oct 1,977,880 2,433,908 23.06%
Nov 2,090,017 2,761,475 32.13%
Dec 2,541,759
Percent of budget 108.64%
$‐
$0.50
$1.00
$1.50
$2.00
$2.50
$3.00
Millions Miscellaneous
Budget
Actual
Last Year
$‐
$1
$2
$3
$4
$5
$6
$7
$8
$9
$10
$11
$12
$13
Millions Other Taxes
Budget
Actual
Last Year
Page 20 of 37
City of Renton
Monthly Revenue Analysis ‐ 2016 Budget Year
Other
Financing Budget
YTD
Actual
Annual %
over (under)
Jan 175,168 ‐ 0.00%
Feb 350,336 ‐ 0.00%
Mar 525,504 ‐ 0.00%
Apr 700,671 ‐ 0.00%
May 875,839 ‐ 0.00%
Jun 6,075 6,075 0.00%
Jul 6,075 6,075 0.00%
Aug 6,075 6,075 0.00%
Sep 6,075 6,075 0.00%
Oct 6,075 6,075 0.00%
Nov 29,061 29,061 0.00%
Dec 2,102,014
Percent of budget 1.38%
REET Budget
YTD
Actual
Annual %
over (under)
Jan 250,883 1,204,479 380.10%
Feb 426,670 1,401,806 228.55%
Mar 807,442 1,610,258 99.43%
Apr 1,293,394 1,946,242 50.48%
May 1,730,061 2,421,486 39.97%
Jun 2,260,012 2,826,665 25.07%
Jul 2,884,483 3,470,703 20.32%
Aug 3,196,923 4,230,285 32.32%
Sep 3,695,296 4,752,757 28.62%
Oct 4,247,181 5,312,309 25.08%
Nov 4,656,951 5,814,448 24.86%
Dec 5,200,000
Percent of budget 111.82%
$‐
$0.50
$1.00
$1.50
$2.00
$2.50
$3.00
$3.50
$4.00
$4.50
$5.00
$5.50
$6.00
$6.50
Millions
Real Estate Excise Tax
Budget
Actual
Last Year
$0
$2
$4
$6
$8
$10
$12
$14
$16
Mi
l
l
i
o
n
s
Other Financing Sources
Budget
Actual
Last Year
Page 21 of 37
City of Renton
Monthly Revenue Analysis ‐ 2016 Budget Year
Bldg Permits &
Devlpmt Svc
Fees Budget
YTD
Actual
Annual %
over (under)
Jan 391,612 661,363 68.88%
Feb 810,299 1,074,783 32.64%
Mar 1,173,926 1,658,442 41.27%
Apr 1,734,626 1,994,550 14.98%
May 2,070,144 2,370,874 14.53%
Jun 2,889,810 2,808,493 ‐2.81%
Jul 3,565,158 3,270,705 ‐8.26%
Aug 4,001,315 3,668,283 ‐8.32%
Sep 4,553,471 4,048,763 ‐11.08%
Oct 5,042,908 4,527,811 ‐10.21%
Nov 5,416,319 4,825,260 ‐10.91%
Dec 5,923,368
Percent of budget 81.46%
B & O Tax Budget
YTD
Actual
Annual %
over (under)
Jan ‐ ‐ N/A
Feb ‐ ‐ N/A
Mar ‐ ‐ N/A
Apr 4,500,000 4,578,349 1.74%
May 4,500,000 4,882,381 8.50%
Jun 4,500,000 4,912,972 9.18%
Jul 4,750,000 5,289,180 11.35%
Aug 4,750,000 5,623,988 18.40%
Sep 4,750,000 5,634,767 18.63%
Oct 5,000,000 6,238,389 24.77%
Nov 5,000,000 6,375,322 27.51%
Dec 5,000,000
Percent of budget 127.51%
$‐
$1.00
$2.00
$3.00
$4.00
$5.00
$6.00
$7.00
Millions Building Permits and Development Service
Fees
Budget
Actual
Last Year
$‐
$0.50
$1.00
$1.50
$2.00
$2.50
$3.00
$3.50
$4.00
$4.50
$5.00
$5.50
$6.00
$6.50
$7.00
Millions Business & Occupation Tax
Budget
Actual
Last Year
Page 22 of 37
City of Renton
Monthly Expenditure Analysis ‐ 2016 Budget Year
General
Government Budget
YTD
Actual
Annual %
over (under)
Jan 8,869,604 8,625,290 ‐2.75%
Feb 18,738,418 18,026,295 ‐3.80%
Mar 28,333,195 27,039,048 ‐4.57%
Apr 37,251,423 35,281,644 ‐5.29%
May 46,586,316 44,251,964 ‐5.01%
Jun 56,261,726 53,224,181 ‐5.40%
Jul 71,086,013 67,206,203 ‐5.46%
Aug 78,864,844 74,281,749 ‐5.81%
Sep 86,359,405 81,242,284 ‐5.93%
Oct 99,296,880 94,419,834 ‐4.91%
Nov 106,773,627 100,928,993 ‐5.47%
Dec 128,753,260
Percent of budget expended 78.39%
Legislative Budget
YTD
Actual
Annual %
over (under)
Jan 33,153 34,732 4.76%
Feb 67,972 64,182 ‐5.58%
Mar 102,703 99,419 ‐3.20%
Apr 132,696 129,027 ‐2.77%
May 163,648 156,960 ‐4.09%
Jun 194,452 186,176 ‐4.26%
Jul 224,495 214,274 ‐4.55%
Aug 254,415 242,571 ‐4.66%
Sep 284,228 271,193 ‐4.59%
Oct 314,294 300,668 ‐4.34%
Nov 344,069 329,610 ‐4.20%
Dec 375,761
Percent of budget expended 87.72%
$‐
$20
$40
$60
$80
$100
$120
$140
Millions
Total Expenditures
General Government
Budget
Actual
Last Year
$‐
$50,000
$100,000
$150,000
$200,000
$250,000
$300,000
$350,000
$400,000
Legislative
Budget
Actual
Last Year
Page 23 of 37
City of Renton
Monthly Expenditure Analysis ‐ 2016 Budget Year
Executive Budget
YTD
Actual
Annual %
over (under)
Jan 92,301 192,359 108.40%
Feb 227,599 322,242 41.58%
Mar 363,001 486,643 34.06%
Apr 501,457 616,267 22.90%
May 639,149 744,988 16.56%
Jun 775,317 890,444 14.85%
Jul 916,869 1,019,792 11.23%
Aug 1,146,554 1,165,850 1.68%
Sep 1,302,813 1,333,539 2.36%
Oct 1,437,782 1,463,344 1.78%
Nov 1,585,169 1,593,538 0.53%
Dec 1,784,464
Percent of budget expended 89.30%
City Attorney Budget
YTD
Actual
Annual %
over (under)
Jan 175,034 157,485 ‐10.03%
Feb 349,257 326,649 ‐6.47%
Mar 527,350 498,957 ‐5.38%
Apr 710,479 670,522 ‐5.62%
May 896,957 837,538 ‐6.62%
Jun 1,092,924 1,004,061 ‐8.13%
Jul 1,282,507 1,173,342 ‐8.51%
Aug 1,475,680 1,341,723 ‐9.08%
Sep 1,671,064 1,512,690 ‐9.48%
Oct 1,846,482 1,676,659 ‐9.20%
Nov 2,021,528 1,841,277 ‐8.92%
Dec 2,213,353
Percent of budget expended 83.19%
$‐
$0.30
$0.60
$0.90
$1.20
$1.50
$1.80
Millions Executive
Budget
Actual
Last Year
$‐
$0.40
$0.80
$1.20
$1.60
$2.00
$2.40
Millions City Attorney
Budget
Actual
Last Year
Page 24 of 37
City of Renton
Monthly Expenditure Analysis ‐ 2016 Budget Year
Court Services Budget
YTD
Actual
Annual %
over (under)
Jan 169,086 163,432 ‐3.34%
Feb 345,603 335,163 ‐3.02%
Mar 524,116 508,523 ‐2.98%
Apr 706,499 678,807 ‐3.92%
May 890,985 849,557 ‐4.65%
Jun 1,081,645 1,021,277 ‐5.58%
Jul 1,265,010 1,191,366 ‐5.82%
Aug 1,449,036 1,363,339 ‐5.91%
Sep 1,627,840 1,546,812 ‐4.98%
Oct 1,805,361 1,718,898 ‐4.79%
Nov 1,978,143 1,890,069 ‐4.45%
Dec 2,187,710
Percent of budget expended 86.39%
CED Admin Budget
YTD
Actual
Annual %
over (under)
Jan 91,797 95,028 3.52%
Feb 183,819 190,655 3.72%
Mar 275,840 286,282 3.79%
Apr 370,361 382,305 3.22%
May 465,873 478,727 2.76%
Jun 560,943 575,150 2.53%
Jul 707,388 671,572 ‐5.06%
Aug 800,410 767,998 ‐4.05%
Sep 893,724 864,286 ‐3.29%
Oct 986,812 960,176 ‐2.70%
Nov 1,079,454 1,055,753 ‐2.20%
Dec 1,173,302
Percent of budget expended 89.98%
$‐
$0.20
$0.40
$0.60
$0.80
$1.00
$1.20
$1.40
$1.60
$1.80
$2.00
$2.20
Millions Court Services
Budget
Actual
Last Year
$‐
$0.20
$0.40
$0.60
$0.80
$1.00
$1.20
Millions
Community & Economic
Development Admin
Budget
Actual
Last Year
Page 25 of 37
City of Renton
Monthly Expenditure Analysis ‐ 2016 Budget Year
Development
Services Budget
YTD
Actual
Annual %
over (under)
Jan 252,761 212,162 ‐16.06%
Feb 522,698 448,710 ‐14.15%
Mar 808,078 676,129 ‐16.33%
Apr 1,087,558 892,326 ‐17.95%
May 1,359,560 1,125,595 ‐17.21%
Jun 1,621,254 1,370,849 ‐15.45%
Jul 1,878,419 1,606,944 ‐14.45%
Aug 2,151,809 1,850,577 ‐14.00%
Sep 2,394,704 2,121,707 ‐11.40%
Oct 2,650,101 2,365,335 ‐10.75%
Nov 2,908,204 2,601,675 ‐10.54%
Dec 3,197,543
Percent of budget expended 81.36%
Economic
Development Budget
YTD
Actual
Annual %
over (under)
Jan 109,993 50,235 ‐54.33%
Feb 280,926 108,276 ‐61.46%
Mar 425,794 166,805 ‐60.83%
Apr 573,079 287,672 ‐49.80%
May 703,119 361,504 ‐48.59%
Jun 847,847 461,549 ‐45.56%
Jul 1,007,562 563,033 ‐44.12%
Aug 1,169,249 620,177 ‐46.96%
Sep 1,318,699 676,493 ‐48.70%
Oct 1,458,945 830,695 ‐43.06%
Nov 1,611,514 930,197 ‐42.28%
Dec 1,814,358
Percent of budget expended 51.27%
$‐
$0.50
$1.00
$1.50
$2.00
$2.50
$3.00
$3.50
Millions
Development Services
Budget
Actual
Last Year
$‐
$0.20
$0.40
$0.60
$0.80
$1.00
$1.20
$1.40
$1.60
$1.80
$2.00
Millions
Economic Development
Budget
Actual
Last Year
Page 26 of 37
City of Renton
Monthly Expenditure Analysis ‐ 2016 Budget Year
Planning Budget
YTD
Actual
Annual %
over (under)
Jan 205,964 203,948 ‐0.98%
Feb 423,854 411,848 ‐2.83%
Mar 667,832 630,155 ‐5.64%
Apr 905,102 846,345 ‐6.49%
May 1,174,453 1,085,749 ‐7.55%
Jun 1,438,180 1,327,179 ‐7.72%
Jul 1,692,813 1,553,419 ‐8.23%
Aug 1,944,561 1,797,371 ‐7.57%
Sep 2,209,302 2,047,141 ‐7.34%
Oct 2,492,024 2,274,192 ‐8.74%
Nov 2,739,947 2,483,516 ‐9.36%
Dec 3,009,484
Percent of budget expended 82.52%
Finance Budget
YTD
Actual
Annual %
over (under)
Jan 173,283 220,501 27.25%
Feb 354,661 434,053 22.39%
Mar 539,049 642,161 19.13%
Apr 722,578 858,782 18.85%
May 915,137 1,085,634 18.63%
Jun 1,234,541 1,337,642 8.35%
Jul 1,436,914 1,550,596 7.91%
Aug 1,771,682 1,825,174 3.02%
Sep 1,981,691 2,042,155 3.05%
Oct 2,189,209 2,246,608 2.62%
Nov 2,384,113 2,449,791 2.75%
Dec 3,003,369
Percent of budget expended 81.57%
$‐
$0.40
$0.80
$1.20
$1.60
$2.00
$2.40
$2.80
$3.20
$3.60
Millions Finance
Budget
Actual
Last Year
$‐
$0.50
$1.00
$1.50
$2.00
$2.50
$3.00
$3.50
Millions
Planning
Budget
Actual
Last Year
Page 27 of 37
City of Renton
Monthly Expenditure Analysis ‐ 2016 Budget Year
City Clerk Budget
YTD
Actual
Annual %
over (under)
Jan 62,637 67,195 7.28%
Feb 164,231 168,845 2.81%
Mar 303,940 242,432 ‐20.24%
Apr 375,900 313,676 ‐16.55%
May 450,924 384,293 ‐14.78%
Jun 522,077 460,231 ‐11.85%
Jul 593,286 541,066 ‐8.80%
Aug 671,377 726,986 8.28%
Sep 741,134 684,984 ‐7.58%
Oct 834,041 758,024 ‐9.11%
Nov 907,039 833,087 ‐8.15%
Dec 1,151,870
Percent of budget expended 72.32%
Includes Hearing Examiner
Human
Resources Budget
YTD
Actual
Annual %
over (under)
Jan 84,669 89,683 5.92%
Feb 187,462 185,388 ‐1.11%
Mar 299,503 299,054 ‐0.15%
Apr 431,140 395,008 ‐8.38%
May 540,016 491,217 ‐9.04%
Jun 651,578 584,313 ‐10.32%
Jul 766,621 675,537 ‐11.88%
Aug 881,492 786,540 ‐10.77%
Sep 993,608 883,392 ‐11.09%
Oct 1,112,638 987,507 ‐11.25%
Nov 1,219,645 1,083,398 ‐11.17%
Dec 1,372,669
Percent of budget expended 78.93%
$‐
$0.20
$0.40
$0.60
$0.80
$1.00
$1.20
$1.40
$1.60
Millions Human Resources
Budget
Actual
Last Year
$‐
$0.20
$0.40
$0.60
$0.80
$1.00
$1.20
Millions City Clerk
Budget
Actual
Last Year
Page 28 of 37
City of Renton
Monthly Expenditure Analysis ‐ 2016 Budget Year
Police Budget
YTD
Actual
Annual %
over (under)
Jan 3,038,736 2,819,381 ‐7.22%
Feb 5,743,345 5,349,745 ‐6.85%
Mar 8,885,230 8,330,684 ‐6.24%
Apr 11,581,424 10,868,880 ‐6.15%
May 14,626,695 13,787,797 ‐5.74%
Jun 17,513,597 16,379,009 ‐6.48%
Jul 20,643,852 19,298,967 ‐6.51%
Aug 23,379,609 21,856,456 ‐6.51%
Sep 26,488,417 24,828,222 ‐6.27%
Oct 29,277,398 27,488,728 ‐6.11%
Nov 32,805,962 30,476,426 ‐7.10%
Dec 35,679,827
Percent of budget expended 85.42%
Fire &
Emergency
Services Budget
YTD
Actual
Annual %
over (under)
Jan 2,291,374 2,291,374 0.00%
Feb 5,299,522 5,299,522 0.00%
Mar 7,516,586 7,516,586 0.00%
Apr 9,575,877 9,575,877 0.00%
May 11,745,775 11,745,775 0.00%
Jun 12,826,352 12,826,352 0.00%
Jul 19,651,039 19,651,039 0.00%
Aug 19,707,735 19,707,735 0.00%
Sep 19,738,507 19,738,507 0.00%
Oct 25,667,731 25,667,731 0.00%
Nov 25,695,684 25,695,684 0.00%
Dec 28,932,928
Percent of budget expended 88.81%
$‐
$3
$6
$9
$12
$15
$18
$21
$24
$27
$30
$33
$36
Millions Police
Budget
Actual
Last Year
$‐
$3
$6
$9
$12
$15
$18
$21
$24
$27
$30
$33
Millions Fire & Emergency Services
Budget
Actual
Last Year
Page 29 of 37
City of Renton
Monthly Expenditure Analysis ‐ 2016 Budget Year
Community
Services Admin Budget
YTD
Actual
Annual %
over (under)
Jan 51,383 52,449 2.07%
Feb 106,296 113,335 6.62%
Mar 166,634 155,142 ‐6.90%
Apr 220,283 196,697 ‐10.71%
May 269,995 240,955 ‐10.76%
Jun 318,337 282,185 ‐11.36%
Jul 373,106 325,143 ‐12.86%
Aug 427,414 366,838 ‐14.17%
Sep 481,448 409,466 ‐14.95%
Oct 534,041 452,338 ‐15.30%
Nov 589,514 493,412 ‐16.30%
Dec 655,344
Percent of budget expended 75.29%
Parks Budget
YTD
Actual
Annual %
over (under)
Jan 336,143 302,959 ‐9.87%
Feb 700,947 615,902 ‐12.13%
Mar 1,083,549 949,380 ‐12.38%
Apr 1,459,798 1,301,241 ‐10.86%
May 1,864,820 1,638,087 ‐12.16%
Jun 2,298,738 2,027,520 ‐11.80%
Jul 2,803,971 2,449,585 ‐12.64%
Aug 3,298,106 2,895,238 ‐12.22%
Sep 3,795,912 3,344,418 ‐11.89%
Oct 4,241,176 3,734,313 ‐11.95%
Nov 4,633,809 4,069,957 ‐12.17%
Dec 5,065,610
Percent of budget expended 80.34%
$‐
$1.00
$2.00
$3.00
$4.00
$5.00
$6.00
Millions Parks
Budget
Actual
Last Year
$0
$100,000
$200,000
$300,000
$400,000
$500,000
$600,000
$700,000
Community Services Admin
Budget
Actual
Last Year
Page 30 of 37
City of Renton
Monthly Expenditure Analysis ‐ 2016 Budget Year
Parks Planning
and Natural
Resources Budget
YTD
Actual
Annual %
over (under)
Jan 75,967 46,446 ‐38.86%
Feb 155,277 103,226 ‐33.52%
Mar 253,324 165,213 ‐34.78%
Apr 346,004 211,159 ‐38.97%
May 467,457 300,170 ‐35.79%
Jun 559,036 394,070 ‐29.51%
Jul 680,904 460,928 ‐32.31%
Aug 791,212 556,494 ‐29.67%
Sep 915,691 654,600 ‐28.51%
Oct 1,046,163 732,271 ‐30.00%
Nov 1,169,288 816,259 ‐30.19%
Dec 1,292,543
Percent of budget expended 63.15%
Recreation Budget
YTD
Actual
Annual %
over (under)
Jan 333,154 330,010 ‐0.94%
Feb 695,736 697,557 0.26%
Mar 1,066,633 1,078,551 1.12%
Apr 1,449,320 1,463,787 1.00%
May 1,833,378 1,843,391 0.55%
Jun 2,256,569 2,255,376 ‐0.05%
Jul 2,918,647 2,839,821 ‐2.70%
Aug 3,604,160 3,456,776 ‐4.09%
Sep 4,146,992 3,962,318 ‐4.45%
Oct 4,519,771 4,344,481 ‐3.88%
Nov 4,905,664 4,717,419 ‐3.84%
Dec 5,350,288
Percent of budget expended 88.17%
$‐
$200,000
$400,000
$600,000
$800,000
$1,000,000
$1,200,000
$1,400,000
Parks Planning and Natural Resources
Budget
Actual
Last Year
$0.00
$0.50
$1.00
$1.50
$2.00
$2.50
$3.00
$3.50
$4.00
$4.50
$5.00
$5.50
Millions Recreation
Budget
Actual
Last Year
Page 31 of 37
City of Renton
Monthly Expenditure Analysis ‐ 2016 Budget Year
Human
Services Budget
YTD
Actual
Annual %
over (under)
Jan 49,704 81,352 63.67%
Feb 126,583 213,832 68.93%
Mar 265,121 269,088 1.50%
Apr 420,684 395,807 ‐5.91%
May 488,600 476,551 ‐2.47%
Jun 555,758 528,283 ‐4.94%
Jul 696,590 613,350 ‐11.95%
Aug 789,750 732,476 ‐7.25%
Sep 851,504 796,475 ‐6.46%
Oct 1,010,457 958,095 ‐5.18%
Nov 1,071,598 1,058,333 ‐1.24%
Dec 1,260,461
Percent of budget expended 83.96%
Neighborhoods
, Resources,
and Events Budget
YTD
Actual
Annual %
over (under)
Jan 69,130 66,354 ‐4.02%
Feb 168,671 144,459 ‐14.35%
Mar 240,947 213,473 ‐11.40%
Apr 311,156 268,788 ‐13.62%
May 382,303 335,059 ‐12.36%
Jun 467,795 392,885 ‐16.01%
Jul 600,295 482,399 ‐19.64%
Aug 701,207 557,046 ‐20.56%
Sep 796,809 616,242 ‐22.66%
Oct 879,768 692,390 ‐21.30%
Nov 965,394 753,518 ‐21.95%
Dec 1,109,048
Percent of budget expended 67.94%
$‐
$0.20
$0.40
$0.60
$0.80
$1.00
$1.20
$1.40
Millions Human Services
Budget
Actual
Last Year
$‐
$200,000
$400,000
$600,000
$800,000
$1,000,000
$1,200,000
Neighborhoods, Resources, and Events
Budget
Actual
Last Year
Page 32 of 37
City of Renton
Monthly Expenditure Analysis ‐ 2016 Budget Year
Museum Fund Budget
YTD
Actual
Annual %
over (under)
Jan 18,883 19,061 0.94%
Feb 37,795 37,570 ‐0.59%
Mar 56,682 55,330 ‐2.39%
Apr 75,818 73,438 ‐3.14%
May 95,501 92,699 ‐2.93%
Jun 115,297 112,304 ‐2.60%
Jul 135,152 131,860 ‐2.44%
Aug 155,440 151,132 ‐2.77%
Sep 175,323 170,790 ‐2.59%
Oct 195,438 190,760 ‐2.39%
Nov 215,317 210,229 ‐2.36%
Dec 235,281
Percent of budget expended 89.35%
Public Works
Admin Budget
YTD
Actual
Annual %
over (under)
Jan 33,648 33,119 ‐1.57%
Feb 68,336 67,230 ‐1.62%
Mar 102,357 100,509 ‐1.81%
Apr 136,585 133,872 ‐1.99%
May 171,018 167,151 ‐2.26%
Jun 205,573 200,630 ‐2.40%
Jul 240,151 234,053 ‐2.54%
Aug 275,209 267,579 ‐2.77%
Sep 310,708 300,887 ‐3.16%
Oct 344,670 333,632 ‐3.20%
Nov 378,434 366,364 ‐3.19%
Dec 413,579
Percent of budget expended 88.58%
$‐
$50,000
$100,000
$150,000
$200,000
$250,000
$300,000
$350,000
$400,000
$450,000
Public Works Admin
Budget
Actual
Last Year
$‐
$30,000
$60,000
$90,000
$120,000
$150,000
$180,000
$210,000
$240,000
$270,000
Museum Fund
Budget
Actual
Last Year
Page 33 of 37
City of Renton
Monthly Expenditure Analysis ‐ 2016 Budget Year
Street
Maintenance Budget
YTD
Actual
Annual %
over (under)
Jan 395,932 400,277 1.10%
Feb 817,377 805,426 ‐1.46%
Mar 1,243,762 1,236,414 ‐0.59%
Apr 1,720,451 1,676,774 ‐2.54%
May 2,164,177 2,087,428 ‐3.55%
Jun 2,612,305 2,494,337 ‐4.52%
Jul 3,090,003 2,917,165 ‐5.59%
Aug 3,565,717 3,327,137 ‐6.69%
Sep 4,014,860 3,762,097 ‐6.30%
Oct 4,501,814 4,195,645 ‐6.80%
Nov 4,933,704 4,605,606 ‐6.65%
Dec 5,420,445
Percent of budget expended 84.97%
Transportation Budget
YTD
Actual
Annual %
over (under)
Jan 385,313 356,191 ‐7.56%
Feb 848,593 720,619 ‐15.08%
Mar 1,402,988 1,219,946 ‐13.05%
Apr 1,985,654 1,593,069 ‐19.77%
May 2,460,643 2,119,001 ‐13.88%
Jun 2,936,948 2,537,694 ‐13.59%
Jul 3,428,357 2,988,891 ‐12.82%
Aug 3,947,043 3,412,556 ‐13.54%
Sep 4,422,467 3,871,910 ‐12.45%
Oct 4,952,795 5,049,376 1.95%
Nov 5,426,873 5,370,311 ‐1.04%
Dec 6,149,047
Percent of budget expended 87.34%
$‐
$1.00
$2.00
$3.00
$4.00
$5.00
$6.00
Millions Street Maintenance
Budget
Actual
Last Year
$0.0
$1.0
$2.0
$3.0
$4.0
$5.0
$6.0
$7.0
Millions Transportation
Budget
Actual
Last Year
Page 34 of 37
City of Renton
Monthly Expenditure Analysis ‐ 2016 Budget Year
Debt Service Budget
YTD
Actual
Annual %
over (under)
Jan 44,758 44,758 0.00%
Feb 295,075 295,075 0.00%
Mar 295,075 295,075 0.00%
Apr 295,075 295,075 0.00%
May 295,075 295,075 0.00%
Jun 936,921 936,921 0.00%
Jul 1,191,679 1,191,679 0.00%
Aug 1,441,996 1,441,996 0.00%
Sep 1,448,946 1,448,946 0.00%
Oct 1,448,946 1,448,946 0.00%
Nov 1,448,946 1,448,946 0.00%
Dec 6,248,676
Percent of budget expended 23.19%
Non‐
Departmental
Other City Budget
YTD
Actual
Annual %
over (under)
Jan 294,800 294,800 0.00%
Feb 566,783 566,783 0.00%
Mar 917,099 917,099 0.00%
Apr 1,156,445 1,156,445 0.00%
May 1,521,060 1,521,060 0.00%
Jun 2,637,745 2,637,745 0.00%
Jul 2,860,383 2,860,383 0.00%
Aug 3,063,984 3,063,984 0.00%
Sep 3,353,015 3,353,015 0.00%
Oct 3,549,024 3,549,024 0.00%
Nov 3,754,617 3,754,617 0.00%
Dec 9,656,299
Percent of budget expended 38.88%
$‐
$1.00
$2.00
$3.00
$4.00
$5.00
$6.00
$7.00
$8.00
$9.00
$10.00
Millions Non‐Departmental Other City Services
Budget
Actual
Last Year
$‐
$5
$10
$15
$20
$25
Millions Debt Service
Budget
Actual
Last Year
Page 35 of 37
City of Renton
Monthly Enterprise Fund Financial Report ‐ 2016 Budget Year
Utilities Budget Revenue Expense
Jan 6,781,155 6,349,407 3,113,758
Feb 17,519,892 12,660,071 7,764,200
Mar 25,993,243 18,599,026 12,419,394
Apr 32,387,042 24,660,335 17,069,879
May 43,091,617 30,851,439 21,831,008
Jun 56,464,388 37,253,721 28,479,554
Jul 64,630,745 44,115,062 34,016,925
Aug 73,514,267 51,070,788 45,010,257
Sep 82,654,355 57,773,544 54,401,676
Oct 91,094,635 73,724,460 69,154,653
Nov 99,683,168 81,526,328 74,446,207
Dec 116,000,197
Percent of budget expended 47.76%
Note: Operations and Capital
Airport Budget Revenue Expense
Jan 255,279 379,338 102,054
Feb 700,194 746,998 246,569
Mar 3,810,882 1,127,792 409,998
Apr 4,815,409 1,367,786 567,432
May 7,160,545 1,614,567 695,455
Jun 7,921,949 1,834,885 845,678
Jul 8,808,490 2,081,888 997,029
Aug 9,978,912 2,302,425 1,140,620
Sep 10,969,853 2,536,402 1,335,868
Oct 11,716,670 3,039,128 1,545,361
Nov 12,983,484 3,255,910 1,664,584
Dec 14,301,353
Percent of budget expended 11.64%
Note: Operations and Capital
$0
$10
$20
$30
$40
$50
$60
$70
$80
$90
$100
$110
$120
$130
Millions Utilities
Budget
Revenue
Expense
$‐
$2.00
$4.00
$6.00
$8.00
$10.00
$12.00
$14.00
$16.00
Millions Airport
Budget
Revenue
Expense
Page 36 of 37
City of Renton
Monthly Enterprise Fund Financial Report ‐ 2016 Budget Year
Golf Course Budget Revenue Expense
Jan 116,391 72,468 118,352
Feb 266,941 183,666 290,598
Mar 417,955 302,635 438,062
Apr 589,411 534,799 625,491
May 810,690 828,065 790,152
Jun 967,871 1,133,239 974,444
Jul 1,135,836 1,437,189 1,243,694
Aug 1,308,140 1,760,424 1,419,407
Sep 1,481,465 1,981,564 1,606,801
Oct 1,678,887 2,118,653 1,785,208
Nov 1,805,131 2,197,137 1,945,666
Dec 2,295,432
Percent of budget expended 84.76%
Note: Operations and Capital
$‐
$0.30
$0.60
$0.90
$1.20
$1.50
$1.80
$2.10
$2.40
Millions Golf Course
Budget
Revenue
Expense
Page 37 of 37