HomeMy WebLinkAboutQuarter 3 2020
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ADMINISTRATIVE SERVICES
M E M O R A N D U M
DATE: November 19, 2020
TO: Ruth Pérez, Council President
Members of Renton City Council
CC: Armondo Pavone, Mayor
FROM: Jan Hawn, ASD Administrator
STAFF CONTACT: Misty Baker, Sr. Finance Analyst
SUBJECT: Quarterly Financial Report 3rd Quarter 2020
The attached report provides a detailed discussion of General Fund revenues and
expenditures with comparison to prior year and YTD budget through 3rd quarter of 2020.
The City is projecting a significant decrease in revenues due to the statewide shutdown in
response to the COVID‐19 pandemic. Budget appropriations were decreased immediately
for discretionary spending, capital projects and personnel. However, the projected
revenue decrease and the increase to Emergency Management appropriations for COVID‐
19 response and related CARES Act grant revenue will not be reflected until the 4th quarter
after the year end budget adjustment, referred to Finance Committee during the
November 16th regular City Council Meeting, is approved.
For the end of the 3rd quarter of 2020, General Fund revenues, excluding Interfund
transfers, are $12.1M less than the 3rd quarter of 2019 and $5.6M under the year‐to‐date
(YTD) budget. General Fund expenditures, excluding Interfund transfers, are $1.6M more
than the 3rd quarter of 2019, but $2.9M under the YTD budget. Detailed explanations are
provided for items with variances exceeding $100K.
Also provided are tables for each of the City’s other funds with comparison to prior year
and annual budget (YTD budgets are not prepared for City funds with the exception of the
General Fund). For funds that adopt capital project budgets (which are subject to carry
forward in accordance with City Policy 220‐01), schedules of the project budgets have
also been provided.
Please do not hesitate to contact me at x6869 should you have any questions or any
suggestions about the report.
Page 1 of 43
OVERVIEW
This quarterly financial report reflects the City’s revenue and expenditures/expenses for the fiscal year through September
30, 2020. A detailed analysis, including current to prior year and budget to actual comparison is included for each City fund.
Excluded from this report are the City’s fiduciary funds as these funds are held on behalf of others and are not available for
City use. Budget figures shown include adjustments adopted through Ordinance 5975, which includes budget cuts in response
to COVID‐19. Reductions to revenue budgets for 2020 will be presented to Council with the year‐end budget adjustment and
are not reflected in the annual budget figures below.
GENERAL FUND
The General Fund is used to account for resources that are not generally dedicated for a specific purpose. The General Fund
is used to meet the basic services that the City provides including, but not limited to, police protection, parks and recreation,
human services, municipal court, street maintenance and planning, economic development, and administrative functions.
The table below displays the YTD revenues and expenditures for the General Fund, including comparison to prior year,
comparison to YTD budget amounts, and percentage of annual budget. YTD budget amounts are generally based on the
collection/disbursement patterns for the same period of the preceding two (2) years, with the following exceptions: property
tax revenue budgets are based on the collection patterns over the preceding four (4) years and sales tax revenue budgets are
based on the collection patterns over the preceding five (5) years.
General Fund
YTD
Prior Year YTD YTD Budget % BUDGET
REVENUES
Taxes 63,075,671$ 81,535,404$ 57,375,948$ 54,994,256$ (8,081,415)$ (2,381,692) 67.45%
Licenses & Permits 4,514,168 5,550,877 4,407,428 3,898,393 (615,775) (509,035) 70.23%
Intergovernmental 3,513,832 6,006,330 3,840,199 3,100,156 (413,676) (740,043) 51.61%
Charges for Services 6,994,748 8,968,213 6,698,486 5,703,174 (1,291,574) (995,312) 63.59%
Fines and Penalties 3,414,947 4,759,187 3,307,779 2,525,808 (889,139) (781,971) 53.07%
Miscellaneous 2,832,818 2,796,165 2,133,882 1,982,720 (850,098) (151,162) 70.91%
Other Financing Sources (Transfer‐In, etc) 6,130,641 21,551,170 15,494,506 15,517,922 9,387,281 23,416 72.01%
Total Revenues 90,476,825 131,167,346 93,258,227 87,722,429 (2,754,396) (5,535,798) 66.88%
EXPENDITURES
Council 272,542 420,924 320,597 311,297 (38,755) 9,300 73.96%
Executive 1,806,865 2,562,066 1,823,338 1,674,762 132,103 148,576 65.37%
Emergency Management 460,428 729,951 534,414 2,226,895 (1,766,467) (1,692,481) 305.07%
City Attorney 1,747,999 2,421,421 1,799,867 1,650,183 97,816 149,684 68.15%
Court Services 1,767,241 2,706,695 2,029,070 1,826,914 (59,673) 202,156 67.50%
Community and Eco Dvlpmnt Admin 1,155,378 1,560,726 1,217,159 1,214,792 (59,414) 2,367 77.84%
Development Services 1,706,657 2,638,176 1,941,392 1,849,201 (142,544) 92,191 70.09%
Economic Development 739,004 3,915,768 1,983,204 1,292,562 (553,558) 690,642 33.01%
Planning 2,821,288 4,359,422 3,151,895 3,000,401 (179,113) 151,494 68.83%
Finance 2,201,301 3,709,001 2,487,322 2,310,374 (109,073) 176,948 62.29%
City Clerk 976,446 1,175,923 912,463 933,185 43,261 (20,722) 79.36%
Human Resources 1,057,790 1,530,267 1,132,397 1,047,953 9,837 84,444 68.48%
Police 26,010,388 36,080,460 26,743,222 27,134,478 (1,124,090) (391,256) 75.21%
Jail Services 4,324,595 4,707,756 3,530,959 3,531,146 793,449 (187) 75.01%
Community Services Admin 400,124 520,919 393,746 380,852 19,272 12,894 73.11%
Leased Properties 494,861 1,013,086 621,271 505,579 (10,718) 115,692 49.90%
Parks & Trails 3,937,676 5,103,016 3,835,344 3,663,974 273,702 171,370 71.80%
Parks Planning & Natural Resources 1,074,756 2,414,791 1,750,625 1,362,614 (287,858) 388,011 56.43%
Recreation & Neighborhoods 4,927,650 4,879,722 3,694,508 3,300,617 1,627,033 393,891 67.64%
Human Services 985,889 1,644,515 1,113,421 977,777 8,112 135,644 59.46%
Museum 189,253 225,195 168,598 169,695 19,558 (1,097) 75.35%
Public Works Admin 320,851 442,549 334,257 292,344 28,507 41,913 66.06%
Street Maintenance 4,112,362 5,591,654 4,155,348 4,136,933 (24,571) 18,415 73.98%
Transportation 4,442,782 7,059,187 5,445,505 5,207,535 (764,753) 237,970 73.77%
Non‐Departmental and Other 13,944,175 26,749,431 14,706,846 12,895,917 1,048,258 1,810,929 48.21%
Total Expenditures 81,878,301 124,162,621 85,826,768 82,897,980 (1,019,679) 2,928,788 66.77%
Change in Fund Balance 8,598,524 7,004,725 7,431,459 4,824,449 (3,774,075) (2,607,010) 68.87%
Beginning Fund Balance 44,578,377 48,056,982 48,056,982 48,056,982 3,478,605 ‐ 100.00%
Ending Fund Balance 53,176,901$ 55,061,707$ 55,488,441$ 52,881,431$ (295,470)$ (2,607,010) 96.04%
Summary of Sources and Uses Favorable (Unfavorable)
2019 2020 Variance
YTD Actual Annual Budget YTD Budget YTD Actual
Quarterly Financial Report 3rd Quarter 2020
Quarterly Financial Report City of Renton, Washington 3rd Quarter 2020
Page 2 of 43
GENERAL FUND REVENUES
The following tables provide a more detailed summary of each revenue category within the General Fund. Detailed
explanations have been provided for variances from prior year or YTD budget in excess of $100K. All variance are shown in a
favorable (unfavorable) format.
TAXES
Property Tax – Property tax collections by King County have exceeded prior year and YTD budget. $185K of property taxes
collected through September 30 were for prior years’ delinquent taxes, bringing the balance of delinquent taxes receivable
to $55K. The remainder of taxes collected were for the 2020 levy. The taxes receivable balance for the 2020 levy is just under
$10.1M, with the second half of tax payments due in October.
Local Retail Sales Tax – COVID‐19 will heavily influence the sales tax figures throughout 2020. There are three factors which
as going to impact our sales tax distribution: 1) DOR is providing extensions for monthly filers, 2) many stores and other retail
locations have been required to be closed during the governor’s stay‐at‐home order, therefore, little to no sales will be made
during this time, and 3) some businesses will be closing due to decreased revenues. Please see the monthly sales tax report
for more information.
State Sales Tax Credit ‐ The City was awarded $500K per year in sales tax credit revenues under the Local Revitalization
Financing program. This award is to pay the debt service on the LRF bonds issued in 2019 to fund public improvements within
the South Lake Washington Local Revitalization Area. The City began receiving the state sales tax credit revenues in the 3rd
quarter of 2019.
In accordance with SHB 1406, the City passed ORD 5972 authorizing a .0073 sales and use tax for affordable and supportive
housing. The City began collecting these sales tax credit revenues in September 2020.
The City also received a one‐time payment in the amount of $587K in May 2020 related to sales tax credit revenues owed for
the Benson Hill Annexation. This one‐time payment was the result of an audit at the state level where it was determined the
state had underpaid the City in 2019.
Criminal Justice Sales Tax – The criminal justice sales tax is a 0.1% sales tax imposed by the County for criminal justice
purposes. The County must share 90% of the revenues collected with all cities and towns in the county on a per capital basis.
The decrease in criminal justice sales tax directly relates to the decrease in retail sales tax, as described above.
Utility Tax – The increase in utility tax is due to a combination of factors. Some taxes have decreased while others have
increased.
2019 2020 2020
Actual Budget Actual $ % $ %
Property Tax 11,505,822$ 11,551,391$ 12,053,143$ 547,321$ 4.8% 501,753$ 4.3%
Local Retail Sales Tax 21,109,167 21,256,286 19,718,350 (1,390,816) ‐6.6% (1,537,936) ‐7.2%
State Sales Tax Credit 84,916 125,000 996,410 911,494 1073.4% 871,410 697.1%
Criminal Justice Sales Tax 2,411,546 2,200,158 2,223,320 (188,226) ‐7.8%23,163 1.1%
Natural Gas Use Tax 185,365 190,178 102,181 (83,183) ‐44.9% (87,997) ‐46.3%
Admission Tax 150,579 116,780 84,889 (65,690) ‐43.6% (31,890) ‐27.3%
Utility Tax 11,754,728 11,717,719 12,038,749 284,021 2.4% 321,030 2.7%
Leasehold Excise Tax 125,063 124,100 139,806 14,742 11.8% 15,706 12.7%
Gambling Excise Tax 2,254,277 1,858,682 1,696,840 (557,437) ‐24.7% (161,843) ‐8.7%
Real Estate Excise Tax 4,106,380 ‐ ‐ (4,106,380) 0.0%‐ N/A
B&O Tax 9,387,828 8,235,656 5,940,567 (3,447,261) ‐36.7% (2,295,089) ‐27.9%
YTD Total 63,075,671$ 57,375,948$ 54,994,256$ (8,081,414)$ ‐12.8% (2,381,692)$ ‐4.2%
Annual Total 89,542,897$ 81,535,404$
Taxes by Type
Revenue
2020 vs. 2019 2020 vs. Budget
Year to Date through September
Quarterly Financial Report City of Renton, Washington 3rd Quarter 2020
Page 3 of 43
The breakdown of Utility Tax is as follows:
Gambling Excise Tax – COVID‐19 will heavily influence the gambling tax figures throughout 2020. King County remains in
phase 2 of the Governor’s Safe Start plan. Under the current restrictions card game operations are not permitted to operate
indoors until phase 4.
Real Estate Excise Tax ‐ REET taxes were improperly recorded to the General Fund in the 3rd and 4th quarter of 2019. The
taxes were subsequently transferred to the appropriate capital project funds where they are properly budgeted and recorded
in 2020 in accordance with the requirements of RCW 82.46.
Business and Occupation (B&O) Tax – B&O tax revenues rely heavily on the revenue of a limited number of large businesses.
These businesses have seen economic downturn in 2020 as a result of COVID‐19 as well as other factors and, as a result, have
seen considerable loss in revenue including an average decrease of 30% from the top 5 manufacturing companies.
LICENSES & PERMITS
Franchise Fees – Franchise fee revenues were less than anticipated for the first three quarters of 2020. This is likely due to
the governor’s stay‐at‐home order resulting in less construction being done in City right‐of‐ways.
Business Licenses – Business license revenues are lagging behind 2019 and YTD budget at 9/30. This is due to three main
factors: 1) some businesses closed as a result of COVID‐19 revenue losses, 2) extensions were granted in response to COVID‐
19, and 3) reduced construction and other seasonal activities due to COVID‐19.
Building Permits – The governor’s stay‐at‐home order forced many commercial and most residential construction projects to
stop for an extended period of time. The stay‐at‐home order has now expired, but permit activity is not expected to return
to pre‐COVID‐19 levels for the remainder of 2020 due to an overall decline in the economy.
2019 2020 2020
Tax by Type YTD Actual YTD Budget YTD Actual $ % $ %
Electrical 4,025,550$ 3,985,064$ 4,153,742$ 128,191$ 3.2% $ 168,678 4.2%
Natural Gas 1,052,420 1,012,330 1,260,133 207,714 19.7% 247,803 24.5%
Cell 562,855 520,876 632,785 69,930 12.4% 111,910 21.5%
Phone 643,359 620,466 483,758 (159,601) ‐24.8% (136,708)‐22.0%
Cable 1,084,641 1,140,946 968,926 (115,715) ‐10.7% (172,021)‐15.1%
Garbage 620,545 601,093 784,560 164,016 26.4% 183,467 30.5%
City Utilities 3,765,358 3,836,943 3,754,844 (10,514) ‐0.3% (82,099)‐2.1%
YTD Total 11,754,728$ 11,717,719$ 12,038,749$ 284,021$ 2.4%321,030$ 2.7%
2020 vs. 2019 2020 vs. Budget
2019 2020 2020
Actual Budget Actual $ % $ %
Franchise Fees 1,137,582 1,243,300 1,103,118 (34,464) ‐3.0% (140,182) ‐11.3%
Business Licenses 916,603 886,002 829,957 (86,646) ‐9.5% (56,045) ‐6.3%
Animal Licenses 64,290 73,231 57,045 (7,245) ‐11.3% (16,186) ‐22.1%
Building Permits 2,364,873 2,167,672 1,883,948 (480,926) ‐20.3% (283,724) ‐13.1%
ROW/Street Excavation Permits 30,770 36,868 24,360 (6,410) ‐20.8% (12,508) ‐33.9%
Special Event Permits 50 356 (35) (85) ‐170.0% (391) ‐109.8%
YTD Total 4,514,168$ 4,407,428$ 3,898,393$ (615,776)$ ‐13.6% (509,036)$ ‐11.5%
Annual Total 5,750,061$ 5,550,877$
Year to Date through September
Revenue
2020 vs. 2019 2020 vs. Budget
Licenses & Permits by Type
Quarterly Financial Report City of Renton, Washington 3rd Quarter 2020
Page 4 of 43
INTERGOVERNMENTAL
State Shared Revenue – The decrease in state shared revenues over prior year is almost entirely due to decreases in fuel tax
revenues. COVID‐19 is heavily influencing fuel tax revenues as people are driving less. This decrease is expected to continue
throughout the remainder of 2020. The breakdown of State Shared Revenue is as follows:
Federal/State/Local Grants – Federal/State/Local grant revenues vary significantly from year‐to‐year based on what grants
have been awarded and the timing of grant expenditures and related reimbursement requests. Grant revenues are budgeted
at 100% of the award at the time the grant agreement is finalized and any amounts not received are carried forward each
year until either 1) the grant funds are fully received or 2) the grant agreement expires.
CHARGES FOR SERVICES
Public Safety Services – The decrease in public safety services is due to two factors: 1) payments under the School Resource
Officer program ceased with the closure of schools due to COVID‐19 and 2) collections of home detention fees have been
reduced by half due to the closure of City Hall and not having an online payment option. Finance is working with the Police
Department to develop alternative collection options.
2019 2020 2020
Actual Budget Actual $ % $ %
State Shared Revenue 3,172,179$ 2,989,293$ 2,909,197$ (262,983)$ ‐8.3% (80,097)$ ‐2.7%
Federal Grants 90,254 611,816 160,978 70,724 78.4%(450,837) ‐73.7%
State Grants 55,833 107,490 100 (55,733) ‐99.8% (107,390) ‐99.9%
Local Grants 195,566 131,600 29,881 (165,685) ‐84.7% (101,719) ‐77.3%
YTD Total 3,513,832$ 3,840,199$ 3,100,156$ (413,677)$ ‐11.8% (740,043)$ ‐19.3%
Annual Total 4,820,547$ 6,006,330$
Intergovernmental by Type
Revenue
2020 vs. 2019 2020 vs. Budget
Year to Date through September
2019 2020 2020
Tax by Type YTD Actual YTD Budget YTD Actual$%$%
Judicial Contribution 16,248$ 12,289$ 32,304$ 16,056$ 98.8% 20,015$ 162.9%
Crim Just ‐ High Crime 218,646 208,734 140,366 (78,280) ‐35.8% (68,368) ‐32.8%
Crim Just ‐ Pop 23,191 18,388 24,351 1,160 5.0% 5,963 32.4%
Crim Just ‐ Spec Prog 83,510 84,322 87,233 3,723 4.5% 2,911 3.5%
State DUI 11,038 13,629 11,049 10 0.1%(2,580) ‐18.9%
Marijuana Distribution 157,631 ‐ 153,741 (3,890) ‐2.5%153,741 100.0%
Liquor Profits 636,508 637,514 630,636 (5,872) ‐0.9% (6,877) ‐1.1%
Liquor Excise Tax 416,253 363,105 475,932 59,679 14.3% 112,827 31.1%
Fuel Tax 1,609,154 1,651,312 1,353,585 (255,569) ‐15.9% (297,727) ‐18.0%
YTD Total 3,172,179$ 2,989,293$ 2,909,197$ (262,983)$ ‐8.3%(80,097)$ ‐2.7%
2020 vs. 2019 2020 vs. Budget
2019 2020 2020
Actual Budget Actual $ % $ %
Passport Fees 26,115 49,393 10,493 (15,622) ‐59.8% (38,900) ‐78.8%
Court Services 46,102 7,090 60,284 14,182 30.8% 53,194 750.2%
General Government Services 1,798 384 516 (1,282) ‐71.3%132 34.4%
Public Safety Services 787,697 671,382 544,873 (242,824) ‐30.8% (126,509) ‐18.8%
Development Services 1,678,110 1,487,340 1,197,247 (480,863) ‐28.7% (290,094) ‐19.5%
Transportation Services 17,144 ‐ 71,276 54,132 315.7% 71,276 100.0%
Recreation/Farmer's Market/Events 1,359,035 791,840 266,774 (1,092,260) ‐80.4% (525,065) ‐66.3%
Interfund Services 3,078,748 3,691,056 3,551,711 472,964 15.4%(139,345) ‐3.8%
YTD Total 6,994,748$ 6,698,486$ 5,703,174$ (1,291,574)$ ‐18.5% (995,311)$ ‐14.9%
Annual Total 9,251,750$ 8,968,213$
Year to Date through September
Charges for Services by Type
Revenue
2020 vs. 2019 2020 vs. Budget
Quarterly Financial Report City of Renton, Washington 3rd Quarter 2020
Page 5 of 43
Development Services – The decrease in development services from the prior year is primarily due to inspection services
($326K) and planning fees ($146K). The amount of development services revenues under the YTD budget is also primarily due
to inspection services ($105K) and planning fees ($123K).
Recreation/Farmer’s Market/Events – The decrease in revenues is related to cancelled programs, as a result of COVID‐19.
Interfund Services – Interfund services revenues increased from the prior year due to increased Fleet and IT charges related
to new Police take‐home vehicles. Interfund services revenues are less than the YTD budget as the budget reflects
reimbursement of staffing costs from CIP projects that staff did not work on during the first three quarters of the year,
including reimbursement for a capital project coordinator position that is vacant.
FINES AND PENALTIES
Civil Penalties – The majority of Civil Penalties under the YTD budget are due to less than anticipated traffic and parking
infraction penalties. COVID‐19 is heavily influencing these penalties as people are driving less.
Photo Enforcement Program – Photo enforcement revenues have decreased from prior year due to reduced citations as a
result of the governor’s stay‐at‐home order. Traffic volumes have decreased and school zone cameras have been turned off
as a result of school closures.
MISCELLANEOUS REVENUES
Interest and Other Investment Earnings – Since interest earnings can vary greatly based on market conditions, the City has
historically budgeted interest and investment earnings very conservatively.
Rents, Leases, and Concessions ‐ Rental revenue is down from the prior year due to a few vacant City facilities, combined
with cancelled facility space rentals at the Senior Center and Renton Community Center and waived rent for tenants of City
facilities that were ordered closed in March due to COVID‐19.
Other – Other miscellaneous revenues are higher than prior year and higher than the YTD budget due to the receipt of an
unbudgeted payment of $327K under the terms of the Sunset Lane Latecomer Agreement (ORD 5961).
2019 2020 2020
Actual Budget Actual $ % $ %
Civil Penalties 323,074$ 465,084$ 284,689$ (38,385)$ ‐11.9% (180,395)$ ‐38.8%
Photo Enforcement Program 2,904,710 2,723,102 2,087,211 (817,499) ‐28.1% (635,892) ‐23.4%
Criminal Traffic Misdemeanor Fines 43,106 56,323 42,482 (624) ‐1.4% (13,841) ‐24.6%
Criminal Non‐Traffic Fines 56,778 22,507 5,945 (50,833) ‐89.5% (16,562) ‐73.6%
Criminal Costs 55,332 17,684 49,001 (6,331) ‐11.4%31,317 177.1%
Non‐Court Fines, Forfeitures and Penalties 31,946 23,078 56,480 24,534 76.8% 33,402 144.7%
YTD Total 3,414,947$ 3,307,779$ 2,525,808$ (889,139)$ ‐26.0% (781,971)$ ‐23.6%
Annual Total 4,688,980$ 4,759,187$
Year to Date through September
Revenue
2020 vs. 2019 2020 vs. Budget
Fines and Penalties by Type
2019 2020 2020
Actual Budget Actual $ % $ %
Interest and Other Investment Earnings 980,675$ 584,401$ 783,780$ (196,895)$ ‐20.1%199,378$ 34.1%
Rents, Leases, and Concessions 1,340,700 1,238,818 601,778 (738,922) ‐55.1% (637,040) ‐51.4%
Contributions/Donations from Private Source 199,617 117,144 123,565 (76,051) ‐38.1%6,422 5.5%
Seizure Funds ‐ Federal/State/Local 71,467 ‐ ‐ (71,467) 0.0%‐ N/A
Other 240,360 193,519 473,597 233,237 97.0% 280,078 144.7%
YTD Total 2,832,818$ 2,133,882$ 1,982,720$ (850,099)$ ‐30.0% (151,162)$ ‐7.1%
Annual Total 3,762,854$ 2,796,165$
Miscellaneous by Type
Year to Date through September
Revenue
2020 vs. 2019 2020 vs. Budget
Quarterly Financial Report City of Renton, Washington 3rd Quarter 2020
Page 6 of 43
OTHER FINANCING SOURCES
Transfers from Other Funds – 1) Density Transfer funds held in the Municipal Facilities CIP fund transferred to the General
Fund to be used for affordable housing grants in the amount of $515K; 2) funding for Municipal Facilities CIP project balances
reduced in response to COVID‐19 was transferred to the General Fund to offset revenue shortages in the amount of $1.8M;
3) the Housing Opportunity capital projects fund was closed and the fund balance was transferred to a management fund of
the General Fund in the amount of $2.6M; 4) $37,500 was transferred from the Renton Marketing Campaign balance in the
Hotel/Motel Tax Fund for the match on the Port of Seattle grant; and 5) the remaining balance of the Benson Hill Annexation
sales tax credit reserves held in the Insurance Fund was transferred to the General Fund to offset COVID‐19 revenue shortages
in the amount of $4.5M.
Transfers between the General Fund and its management funds are just under $6.1M at 9/30. In the past, these tax revenues
were allocated among the various management funds of the General Fund. Now, 100% of tax revenues are recognized in the
General Fund (000) with transfers to the Community Services Fund (001), the Street Fund (003), and the Museum Fund (005).
For budgetary purposes the transfer in and transfer out amounts are reflected in the General Fund revenues and
expenditures. Transfers between the General Fund and its management funds are eliminated for reporting in the City’s
Comprehensive Annual Financial Report (CAFR).
2019 2020 2020
Actual Budget Actual $ % $ %
Transfers from Other Funds 6,125,403$ 15,494,506$ 15,494,506$ 9,369,104 153.0%‐ 0.0%
Prior Period Adjustment 17 ‐ ‐ (17) 0.0%‐ N/A
Insurance Recoveries 5,221 ‐ 4,566 (655) ‐12.5%4,566 100.0%
Sale of Capital Assets ‐ ‐ 18,850 18,850 100.0% 18,850 100.0%
YTD Total 6,130,641$ 15,494,506$ 15,517,922$ 9,387,281$ 153.1% 23,416$ 0.2%
Annual Total 13,137,402$ 21,551,170$
Revenue
2020 vs. 2019 2020 vs. Budget
Year to Date through September
Other Financing Sources by Type
Quarterly Financial Report City of Renton, Washington 3rd Quarter 2020
Page 7 of 43
GENERAL FUND EXPENDITURES
The following tables summarize expenditures by category for each department within the General Fund. Detailed
explanations have been provided for variances from prior year or YTD budget in excess of $100K.
COUNCIL
EXECUTIVE
Internal Services – The decrease in internal services from the prior year is due to reductions made to Communications and
Facilities in response to COVID‐19.
EMERGENCY MANAGEMENT
Expenditures related to the COVID‐19 pandemic have been accumulated within the Emergency Management accounts in
anticipation of billing these costs to the CARES Act grant received through the Department of Commerce. An adjustment to
the budget to account for the grant revenue and related expenditures will be presented to Council with the year‐end budget
adjustment proposal. At September 30 the unbudgeted COVID‐19 expenditures are approximately $238K in supplies and
$1.45M in contracted services (which includes small business grants).
Council
Summary of Uses 2019
Year to Date through September YTD Actual Annual Budget YTD Budget YTD Actual $%$%
Personnel 218,790$ 337,867$ 254,913$ 248,537$ (29,747)$ ‐13.6%6,376$ 2.5%
Supplies 871 1,400 722 808 63 7.2%(87) ‐12.0%
Contracted Services 12,103 23,316 21,207 18,197 (6,094) ‐50.4%3,010 14.2%
Capital Outlay ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Debt Service ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Internal Services 40,778 58,341 43,755 43,755 (2,977) ‐7.3%0 0.0%
Transfers Out ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Total Expenditures 272,542$ 420,924$ 320,597$ 311,297$ (38,755)$ ‐14.2%9,300$ 2.9%
2020 Prior Year YTD YTD Budget
Variance Favorable (Unfavorable)
Executive
Summary of Uses 2019
Year to Date through September YTD Actual Annual Budget YTD Budget YTD Actual $%$%
Personnel 658,164$ 899,204$ 663,007$ 590,330$ 67,833$ 10.3% 72,676$ 11.0%
Supplies 2,379 8,100 4,562 1,476 903 38.0% 3,086 67.7%
Contracted Services 809,611 1,366,407 939,505 866,693 (57,082) ‐7.1%72,812 7.8%
Capital Outlay ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Debt Service ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Internal Services 336,712 288,355 216,264 216,263 120,449 35.8% 1 0.0%
Transfers Out ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Total Expenditures 1,806,865$ 2,562,066$ 1,823,338$ 1,674,762$ 132,103$ 7.3% 148,576$ 8.1%
2020 Prior Year YTD YTD Budget
Variance Favorable (Unfavorable)
Emergency Management
Summary of Uses 2019
Year to Date through September YTD Actual Annual Budget YTD Budget YTD Actual $%$%
Personnel 306,872$ 486,384$ 358,746$ 354,350$ (47,477)$ ‐15.5%4,396$ 1.2%
Supplies 17,576 28,500 27,781 242,176 (224,600) ‐1277.9% (214,395) ‐771.7%
Contracted Services 20,259 11,361 9,162 1,490,722 (1,470,463) ‐7258.4% (1,481,560) ‐16170.9%
Capital Outlay ‐ 18,438 ‐ ‐ ‐ 0.0%‐ 0.0%
Debt Service ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Internal Services 115,722 185,268 138,726 138,953 (23,231) ‐20.1% (227) ‐0.2%
Transfers Out ‐ ‐ ‐ 694 (694) 100.0%(694) 100.0%
Total Expenditures 460,428$ 729,951$ 534,414$ 2,226,895$ (1,766,467)$ ‐383.7% (1,692,481)$ ‐316.7%
2020 Prior Year YTD YTD Budget
Variance Favorable (Unfavorable)
Quarterly Financial Report City of Renton, Washington 3rd Quarter 2020
Page 8 of 43
CITY ATTORNEY
Personnel ‐ The amount of personnel costs under the YTD budget is due to open positions.
COURT SERVICES
Personnel ‐ The increase in personnel costs over the prior year is due to COLA’s, reclassifications, and the addition of a judge.
The amount of personnel costs under the YTD budget is due to open positions.
COMMUNITY AND ECONOMIC DEVELOPMENT ADMIN
DEVELOPMENT SERVICES
Personnel – The increase in personnel costs over the prior year is due to COLA’s, reclassifications, and the addition of a
building inspector/combination position.
City Attorney
Summary of Uses 2019
Year to Date through September YTD Actual Annual Budget YTD Budget YTD Actual $%$%
Personnel 1,584,646$ 2,193,925$ 1,636,723$ 1,497,984$ 86,662$ 5.5% 138,739$ 8.5%
Supplies 661 3,550 2,137 853 (192) ‐29.0%1,284 60.1%
Contracted Services 20,334 41,465 24,148 14,487 5,847 28.8% 9,661 40.0%
Capital Outlay ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Debt Service ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Internal Services 138,207 182,481 136,859 136,859 1,348 1.0%(0) 0.0%
Transfers Out 4,150 ‐ ‐ ‐ 4,150 100.0%‐ 0.0%
Total Expenditures 1,747,999$ 2,421,421$ 1,799,867$ 1,650,183$ 97,816$ 5.6% 149,684$ 8.3%
Prior Year YTD YTD Budget
Variance Favorable (Unfavorable)
2020
Court Services
Summary of Uses 2019
Year to Date through September YTD Actual Annual Budget YTD Budget YTD Actual $%$%
Personnel 1,332,706$ 2,203,800$ 1,662,207$ 1,465,506$ (132,800)$ ‐10.0%196,701$ 11.8%
Supplies 2,154 7,700 3,094 1,197 957 44.4% 1,897 61.3%
Contracted Services 88,434 106,856 72,515 67,003 21,431 24.2% 5,512 7.6%
Capital Outlay ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Debt Service ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Internal Services 343,948 388,339 291,255 291,255 52,693 15.3% 0 0.0%
Transfers Out ‐ ‐ ‐ 1,954 (1,954) 100.0%(1,954) 100.0%
Total Expenditures 1,767,241$ 2,706,695$ 2,029,070$ 1,826,914$ (59,672)$ ‐3.4%202,157$ 10.0%
Prior Year YTD YTD Budget
Variance Favorable (Unfavorable)
2020
Community and Econ Dvlpmnt Admin
Summary of Uses 2019
Year to Date through September YTD Actual Annual Budget YTD Budget YTD Actual $%$%
Personnel 279,721$ 389,402$ 294,018$ 288,490$ (8,769)$ ‐3.1%5,527$ 1.9%
Supplies ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Contracted Services 550 850 ‐ 440 110 20.0%(440) 100.0%
Capital Outlay ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Debt Service ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Internal Services 787,846 989,334 742,001 742,002 45,844 5.8%(1) 0.0%
Transfers Out 87,261 181,140 181,140 183,860 (96,599) ‐110.7% (2,720) ‐1.5%
Total Expenditures 1,155,378$ 1,560,726$ 1,217,159$ 1,214,792$ (59,414)$ ‐5.1%2,367$ 0.2%
Prior Year YTD
Variance Favorable (Unfavorable)
YTD Budget2020
Development Services
Summary of Uses 2019
Year to Date through September YTD Actual Annual Budget YTD Budget YTD Actual $%$%
Personnel 1,579,352$ 2,458,925$ 1,819,955$ 1,746,620$ (167,268)$ ‐10.6%73,335$ 4.0%
Supplies 4,334 7,525 5,263 1,541 2,793 64.4% 3,722 70.7%
Contracted Services 76,039 112,912 72,063 56,929 19,110 25.1% 15,134 21.0%
Capital Outlay ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Debt Service ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Internal Services 46,931 58,814 44,111 44,111 2,820 6.0%(0) 0.0%
Transfers Out ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Total Expenditures 1,706,657$ 2,638,176$ 1,941,392$ 1,849,201$ (142,544)$ ‐8.4%92,191$ 4.7%
Prior Year YTD
Variance Favorable (Unfavorable)
YTD Budget2020
Quarterly Financial Report City of Renton, Washington 3rd Quarter 2020
Page 9 of 43
ECONOMIC DEVELOPMENT
Personnel ‐ The increase in personnel costs over the prior year is due to COLA’s, reclassifications, and the filling of the Housing
Programs Manager position that was vacant for most of 2019.
Contracted Services ‐ The increase in contracted services over the prior year is due to a $25K Housing Opportunity grant, a
$60K Density Transfer grant, and $141K in impact fee waivers that were awarded to multiple non‐profits to support low
income housing developments. RMC 4‐1‐210 allows for the waiver of 100% of impact fees associated with certain low income
housing developments. State law only allows for an 80% waiver of these fees, so the General Fund must contribute the
remaining 20% of the fees to the impact mitigation funds. Ordinance No. 5973 imposed a six month moratorium on the
submission, acceptance, processing or approval of any application for waived fees under RMC 4‐1‐210, effective September
22, 2020. The amount of contracted services expenditures under the YTD budget is due to grants awarded to support low
income housing and other charitable construction projects that have not been paid out yet. These grants are subject to certain
performance measures being met by the grantee prior to the payment of the grant award.
PLANNING
Personnel – The increase in personnel costs over the prior year is due to COLA’s, reclassifications, and the filling of a
construction inspector position that was vacant in 2019.
FINANCE
Personnel ‐ The amount of personnel costs under the YTD budget is due to open positions.
Economic Development
Summary of Uses 2019
Year to Date through September YTD Actual Annual Budget YTD Budget YTD Actual $%$%
Personnel 499,420$ 940,340$ 689,996$ 636,628$ (137,207)$ ‐27.5%53,369$ 7.7%
Supplies 9,320 35,625 21,533 985 8,335 89.4% 20,548 95.4%
Contracted Services 191,469 1,957,529 1,002,158 406,043 (214,574) ‐112.1%596,115 59.5%
Capital Outlay 38,794 982,274 269,516 248,906 (210,112) ‐541.6%20,610 7.6%
Debt Service ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Internal Services ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Transfers Out ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Total Expenditures 739,004$ 3,915,768$ 1,983,204$ 1,292,562$ (553,558)$ ‐74.9%690,642$ 34.8%
Variance Favorable (Unfavorable)
Prior Year YTD YTD Budget2020
Planning
Summary of Uses 2019
Year to Date through September YTD Actual Annual Budget YTD Budget YTD Actual $%$%
Personnel 2,714,521$ 4,008,905$ 2,978,581$ 2,904,469$ (189,949)$ ‐7.0%74,111$ 2.5%
Supplies 5,561 11,600 6,675 2,299 3,262 58.7% 4,376 65.6%
Contracted Services 76,244 249,492 142,847 69,839 6,405 8.4% 73,008 51.1%
Capital Outlay ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Debt Service ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Internal Services 24,962 31,724 23,793 23,793 1,169 4.7%(1) 0.0%
Transfers Out ‐ 57,700 ‐ ‐ ‐ 0.0%‐ 0.0%
Total Expenditures 2,821,288$ 4,359,422$ 3,151,895$ 3,000,401$ (179,113)$ ‐6.3%151,494$ 4.8%
Prior Year YTD
Variance Favorable (Unfavorable)
YTD Budget2020
Finance
Summary of Uses 2019
Year to Date through September YTD Actual Annual Budget YTD Budget YTD Actual $%$%
Personnel 1,471,884$ 2,288,635$ 1,721,324$ 1,509,087$ (37,203)$ ‐2.5%212,237$ 12.3%
Supplies 2,219 11,500 6,201 907 1,312 59.1% 5,294 85.4%
Contracted Services 429,179 1,028,521 474,535 515,118 (85,939) ‐20.0% (40,583) ‐8.6%
Capital Outlay ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Debt Service ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Internal Services 298,019 380,345 285,261 285,262 12,757 4.3%(0) 0.0%
Transfers Out ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Total Expenditures 2,201,301$ 3,709,001$ 2,487,322$ 2,310,374$ (109,073)$ ‐5.0%176,947$ 7.1%
Prior Year YTD
Variance Favorable (Unfavorable)
YTD Budget2020
Quarterly Financial Report City of Renton, Washington 3rd Quarter 2020
Page 10 of 43
CITY CLERK
HUMAN RESOURCES
POLICE
Personnel ‐ The increase in salaries and benefits over the prior year is primarily the result of COLAs, annual step increases,
and the reclassification of the deputy chief and commander positions. The amount of salaries and benefits over the YTD
budget is due to a reduction of the annual budget to account for vacant positions that were frozen in response to COVID‐19
budget cuts. The YTD budget assumes the personnel costs are spread evenly throughout the year, but the savings from these
positions will all occur in the last half of the year. Personnel costs are expected to be under budget at the end of the year.
Contracted Services – The increase in contracted services over the prior year is due to an annual increase in dispatch services
payments of approximately $200K and a timing difference – the September 2019 dispatch services payment was not made
until October 2019. The amount of contracted services over the YTD budget is due to the timing of dispatch services
payments. This timing difference will correct itself by the end of the year.
Internal Services ‐ Decreased internal service fund charges are a result of 9 months’ replacement reserve payments being
waived in response to COVID‐19. All vehicle/equipment purchases and replacements are being postponed one year.
City Clerk
Summary of Uses 2019
Year to Date through September YTD Actual Annual Budget YTD Budget YTD Actual $%$%
Personnel 569,990$ 723,688$ 546,860$ 544,280$ 25,710$ 4.5% 2,580$ 0.5%
Supplies 1,889 4,094 2,261 941 948 50.2% 1,320 58.4%
Contracted Services 276,435 288,739 243,792 268,411 8,024 2.9%(24,619) ‐10.1%
Capital Outlay ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Debt Service ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Internal Services 127,361 159,402 119,551 119,554 7,807 6.1%(3) 0.0%
Transfers Out 770 ‐ ‐ ‐ 770 100.0%‐ 0.0%
Total Expenditures 976,446$ 1,175,923$ 912,463$ 933,185$ 43,260$ 4.4%(20,722)$ ‐2.3%
Prior Year YTD
Variance Favorable (Unfavorable)
YTD Budget2020
Human Resources
Summary of Uses 2019
Year to Date through September YTD Actual Annual Budget YTD Budget YTD Actual $%$%
Personnel 756,359$ 1,153,163$ 857,667$ 817,582$ (61,223)$ ‐8.1%40,085$ 4.7%
Supplies 13,468 8,828 7,066 2,412 11,056 82.1% 4,654 65.9%
Contracted Services 81,610 130,663 89,455 49,751 31,859 39.0% 39,704 44.4%
Capital Outlay ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Debt Service ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Internal Services 200,634 237,613 178,209 178,208 22,426 11.2% 1 0.0%
Transfers Out 5,720 ‐ ‐ ‐ 5,720 100.0%‐ 0.0%
Total Expenditures 1,057,790$ 1,530,267$ 1,132,397$ 1,047,953$ 9,837$ 0.9% 84,444$ 7.5%
Prior Year YTD
Variance Favorable (Unfavorable)
YTD Budget2020
Police
Summary of Uses 2019
Year to Date through September YTD Actual Annual Budget YTD Budget YTD Actual $%$%
Personnel 18,734,917$ 25,260,867$ 18,940,905$ 19,128,701$ (393,784)$ ‐2.1% (187,797)$ ‐1.0%
Supplies 386,547 419,605 248,937 202,917 183,630 47.5% 46,020 18.5%
Contracted Services 3,156,767 4,907,690 3,249,359 3,474,986 (318,219) ‐10.1% (225,628) ‐6.9%
Capital Outlay ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Debt Service ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Internal Services 3,716,942 4,646,155 3,466,909 3,490,763 226,179 6.1%(23,854) ‐0.7%
Transfers Out 15,216 846,143 837,113 837,113 (821,897) ‐5401.7%‐ 0.0%
Total Expenditures 26,010,388$ 36,080,460$ 26,743,222$ 27,134,480$ (1,124,092)$ ‐4.3% (391,258)$ ‐1.5%
Prior Year YTD
Variance Favorable (Unfavorable)
YTD Budget2020
Quarterly Financial Report City of Renton, Washington 3rd Quarter 2020
Page 11 of 43
JAIL SERVICES
Contracted Services ‐ The decrease in jail services from the prior year due to a decrease in the monthly contract payments
to SCORE for 2020.
COMMUNITY SERVICES ADMIN
LEASED PROPERTIES
Contracted Services – The amount of contracted services under the YTD budget is due to decreased utility and janitorial costs
associated with COVID‐19 shut downs and vacant City facilities.
PARKS AND TRAILS
Personnel – The decrease in personnel costs from the prior year is due to vacant positions.
Jail Services
Summary of Uses 2019
Year to Date through September YTD Actual Annual Budget YTD Budget YTD Actual $%$%
Personnel ‐$ ‐$ ‐$ ‐$ ‐$ 0.0%‐$ 0.0%
Supplies ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Contracted Services 4,324,595 4,707,756 3,530,959 3,531,146 793,449 18.3%(187) 0.0%
Capital Outlay ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Debt Service ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Internal Services ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Transfers Out ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Total Expenditures 4,324,595$ 4,707,756$ 3,530,959$ 3,531,146$ 793,449$ 18.3%(187)$ 0.0%
Prior Year YTD
Variance Favorable (Unfavorable)
YTD Budget2020
Community Services Admin
Summary of Uses 2019
Year to Date through September YTD Actual Annual Budget YTD Budget YTD Actual $%$%
Personnel 255,822$ 373,991$ 281,813$ 274,256$ (18,433)$ ‐7.2%7,557$ 2.7%
Supplies 5,008 22,744 18,859 1,393 3,615 72.2% 17,467 92.6%
Contracted Services 15,277 315 172 11,688 3,589 23.5%(11,516) ‐6698.9%
Capital Outlay ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Debt Service ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Internal Services 107,204 123,869 92,902 92,900 14,305 13.3% 2 0.0%
Transfers Out 16,812 ‐ ‐ 616 16,196 96.3%(616) 100.0%
Total Expenditures 400,124$ 520,919$ 393,746$ 380,852$ 19,272$ 4.8% 12,894$ 3.3%
2020 Prior Year YTD
Variance Favorable (Unfavorable)
YTD Budget
Leased Properties
Summary of Uses 2019
Year to Date through September YTD Actual Annual Budget YTD Budget YTD Actual $%$%
Personnel 108,178 176,062 130,364 130,614 (22,436)$ ‐20.7% (251)$ ‐0.2%
Supplies 6,888 2,440 1,823 508 6,380 92.6% 1,316 72.2%
Contracted Services 377,702 656,768 486,972 345,158 32,544 8.6% 141,815 29.1%
Capital Outlay ‐ ‐ ‐ 27,188 (27,188) 100.0%(27,188) 100.0%
Debt Service ‐ 175,000 ‐ ‐ ‐ 0.0%‐ 0.0%
Internal Services 2,093 2,816 2,111 2,112 (19) ‐0.9% (1) 0.0%
Transfers Out ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Total Expenditures 494,861$ 1,013,086$ 621,271$ 505,579$ (10,719)$ ‐2.2%115,691$ 18.6%
2020 Prior Year YTD YTD Budget
Variance Favorable (Unfavorable)
Parks & Trails
Summary of Uses 2019
Year to Date through September YTD Actual Annual Budget YTD Budget YTD Actual $%$%
Personnel 2,312,833$ 3,014,187$ 2,246,636$ 2,153,506$ 159,327$ 6.9% 93,129$ 4.1%
Supplies 155,317 200,434 147,206 122,597 32,720 21.1% 24,609 16.7%
Contracted Services 542,436 697,451 550,182 480,835 61,601 11.4% 69,347 12.6%
Capital Outlay ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Debt Service ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Internal Services 927,091 1,190,944 891,320 907,036 20,054 2.2%(15,716) ‐1.8%
Transfers Out ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Total Expenditures 3,937,676$ 5,103,016$ 3,835,344$ 3,663,974$ 273,702$ 7.0% 171,370$ 4.5%
Prior Year YTD
Variance Favorable (Unfavorable)
YTD Budget2020
Quarterly Financial Report City of Renton, Washington 3rd Quarter 2020
Page 12 of 43
PARKS PLANNING AND NATURAL RESOURCES
Personnel – The increase in personnel costs over the prior year is due to filling a capital project coordinator position that was
vacant in 2019. The amount of personnel costs under the YTD budget is due to a remaining vacant capital project coordinator
position.
Contracted Services – The increase in contracted services costs over the prior year is due to tree maintenance. The amount
of contracted services under the YTD budget is due to budgeted tree maintenance not yet performed.
RECREATION AND NEIGHBORHOODS
Personnel – The decrease in personnel costs from the prior year is the result of recreation facility closures related to COVID‐
19. The amount of personnel costs under the YTD budget is due to open positions.
Supplies – The decrease in supplies from the prior year and the amount of supplies under the YTD budget is the result of
recreation facility closures related to COVID‐19.
Contracted Services – The decrease in contracted services from the prior year is the result of recreation facility closures
related to COVID‐19.
Internal Services ‐ The decrease in internal services from the prior year is due to reductions made to Communications and
Facilities in response to COVID‐19.
HUMAN SERVICES
Parks Planning & Natural Resources
Summary of Uses 2019
Year to Date through September YTD Actual Annual Budget YTD Budget YTD Actual $%$%
Personnel 502,616$ 1,157,416$ 852,823$ 674,293$ (171,676)$ ‐34.2%178,531$ 20.9%
Supplies 811 4,827 2,985 1,678 (867) ‐106.8%1,307 43.8%
Contracted Services 541,685 1,207,061 860,701 652,529 (110,843) ‐20.5%208,172 24.2%
Capital Outlay ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Debt Service ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Internal Services 29,643 45,488 34,116 34,114 (4,471) ‐15.1%2 0.0%
Transfers Out ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Total Expenditures 1,074,756$ 2,414,791$ 1,750,625$ 1,362,614$ (287,857)$ ‐26.8%388,011$ 22.2%
Prior Year YTD
Variance Favorable (Unfavorable)
YTD Budget2020
Recreation & Neighborhoods
Summary of Uses 2019
Year to Date through September YTD Actual Annual Budget YTD Budget YTD Actual $%$%
Personnel 2,873,633$ 2,734,261$ 2,138,720$ 1,959,634$ 913,998$ 31.8% 179,086$ 8.4%
Supplies 171,793 288,019 222,340 57,286 114,507 66.7% 165,054 74.2%
Contracted Services 419,880 406,708 247,649 197,896 221,984 52.9% 49,752 20.1%
Capital Outlay ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Debt Service ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Internal Services 1,365,827 1,447,735 1,085,799 1,085,800 280,027 20.5%(1) 0.0%
Transfers Out 96,517 3,000 ‐ ‐ 96,517 100.0%‐ 0.0%
Total Expenditures 4,927,650$ 4,879,722$ 3,694,508$ 3,300,617$ 1,627,033$ 33.0% 393,891$ 10.7%
Variance Favorable (Unfavorable)
2020 YTD BudgetPrior Year YTD
Human Services
Summary of Uses 2019
Year to Date through September YTD Actual Annual Budget YTD Budget YTD Actual $%$%
Personnel 426,037$ 703,400$ 522,522$ 457,076$ (31,039)$ ‐7.3%65,447$ 12.5%
Supplies 8,713 15,650 10,569 4,290 4,423 50.8% 6,279 59.4%
Contracted Services 469,642 836,343 513,487 449,481 20,160 4.3% 64,005 12.5%
Capital Outlay ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Debt Service ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Internal Services 81,497 89,123 66,843 66,930 14,567 17.9%(86) ‐0.1%
Transfers Out ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Total Expenditures 985,889$ 1,644,515$ 1,113,421$ 977,777$ 8,112$ 0.8% 135,645$ 12.2%
Variance Favorable (Unfavorable)
YTD BudgetPrior Year YTD2020
Quarterly Financial Report City of Renton, Washington 3rd Quarter 2020
Page 13 of 43
MUSEUM
PUBLIC WORKS ADMIN
STREET MAINTENANCE
TRANSPORTATION
Personnel – The increase in salaries and benefits is due to two vacant positions in 2019 that are filled in 2020.
Contracted Services – The amount of contracted services under the YTD budget is due to decreased electricity charges for
signals and streetlights and decreased employee ORCA card purchases under the Commute Trip Reduction (CTR) program as
many employees are working from home due to the COVID‐19 pandemic.
Transfers Out – The increase in transfers over the prior year is due to fuel tax previously recorded in the Arterial Street Fund
and transferred to the Capital Improvement Fund are now being recorded in and transferred from the General Fund.
Museum
Summary of Uses 2019
Year to Date through September YTD Actual Annual Budget YTD Budget YTD Actual $%$%
Personnel 106,566$ 134,675$ 100,710$ 101,806$ 4,759$ 4.5%(1,096)$ ‐1.1%
Supplies ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Contracted Services ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Capital Outlay ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Debt Service ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Internal Services 82,687 90,520 67,888 67,889 14,798 17.9%(1) 0.0%
Transfers Out ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Total Expenditures 189,253$ 225,195$ 168,598$ 169,695$ 19,557$ 10.3%(1,097)$ ‐0.7%
Variance Favorable (Unfavorable)
YTD BudgetPrior Year YTD2020
Public Works Admin
Summary of Uses 2019
Year to Date through September YTD Actual Annual Budget YTD Budget YTD Actual $%$%
Personnel 266,781$ 374,676$ 283,276$ 213,035$ 53,746$ 20.1% 70,241$ 24.8%
Supplies 112 800 328 449 (337) ‐299.4% (121) ‐37.0%
Contracted Services 1,773 1,650 1,587 26,900 (25,127) ‐1417.1% (25,313) ‐1595.2%
Capital Outlay ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Debt Service ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Internal Services 52,184 65,423 49,067 50,823 1,361 2.6%(1,757) ‐3.6%
Transfers Out ‐ ‐ ‐ 1,137 (1,137) 100.0%(1,137) 100.0%
Total Expenditures 320,851$ 442,549$ 334,257$ 292,344$ 28,507$ 8.9% 41,914$ 12.5%
Variance Favorable (Unfavorable)
BudgetPrior Year2020
Street Maintenance
Summary of Uses 2019
Year to Date through September YTD Actual Annual Budget YTD Budget YTD Actual $%$%
Personnel 2,106,027$ 3,030,489$ 2,257,814$ 2,176,670$ (70,643)$ ‐3.4%81,144$ 3.6%
Supplies 279,439 279,798 235,478 309,430 (29,992) ‐10.7% (73,952) ‐31.4%
Contracted Services 757,523 1,133,781 795,105 763,520 (5,998) ‐0.8%31,585 4.0%
Capital Outlay ‐ 5,200 ‐ ‐ ‐ 0.0%‐ 0.0%
Debt Service ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Internal Services 969,374 1,142,386 866,950 882,502 86,872 9.0%(15,552) ‐1.8%
Transfers Out ‐ ‐ ‐ 4,811 (4,811) 100.0%(4,811) 100.0%
Total Expenditures 4,112,362$ 5,591,654$ 4,155,348$ 4,136,933$ (24,571)$ ‐0.6%18,414$ 0.4%
Prior Year YTD2020 YTD Budget
Variance Favorable (Unfavorable)
Transportation
Summary of Uses 2019
Year to Date through September YTD Actual Annual Budget YTD Budget YTD Actual $%$%
Personnel 3,016,162$ 4,487,507$ 3,307,059$ 3,230,433$ (214,271)$ ‐7.1%76,626$ 2.3%
Supplies 205,902 223,252 158,926 143,607 62,295 30.3% 15,319 9.6%
Contracted Services 669,507 945,974 734,483 574,248 95,259 14.2% 160,235 21.8%
Capital Outlay ‐ ‐ ‐ 13,818 (13,818) 100.0%(13,818) 100.0%
Debt Service ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Internal Services 547,075 642,453 482,077 482,470 64,605 11.8%(393) ‐0.1%
Transfers Out 4,136 760,000 762,959 762,959 (758,823) ‐18349.0%‐ 0.0%
Total Expenditures 4,442,782$ 7,059,187$ 5,445,505$ 5,207,535$ (764,753)$ ‐17.2%237,970$ 4.4%
Prior Year YTD2020
Variance Favorable (Unfavorable)
YTD Budget
Quarterly Financial Report City of Renton, Washington 3rd Quarter 2020
Page 14 of 43
NON‐DEPARTMENTAL AND OTHER
Personnel ‐ The amount of personnel expenditures under the prior year and YTD budget is due to savings from expected
employee separation payments.
Contracted Services – The amount of contracted services under the YTD budget is due to a $1.8M contingency reserve that
has been set aside for unanticipated costs related to the SCORE.
Transfers Out – Transfers Out have a net decrease from prior year due to 1) an increase in property tax transferred to support
General Fund management funds (001, 003, 005) in the amount of $189K, 2) an increase in property tax transferred to capital
funds in the amount of $662K, 3) a decrease in B&O tax transferred to capital funds in the amount of $2M, 4) an increase in
REET transferred to capital funds in the amount of $281K, and 5) an increase in LRF Sales & Use Tax transferred to the debt
service fund in the amount of $328K.
Transfers between the General Fund and its management funds are just under $6.1M at 9/30. In the past, these tax revenues
were allocated among the various management funds of the General Fund. Now, 100% of tax revenues are recognized in the
General Fund (000) with transfers to the Community Services Fund (001), the Street Fund (003), and the Museum Fund (005).
For budgetary purposes the transfer in and transfer out amounts are reflected in the General Fund revenues and
expenditures. Transfers between the General Fund and its management funds are eliminated for reporting in the City’s
Comprehensive Annual Financial Report (CAFR).
Non‐Departmental and Other
Summary of Uses 2019
Year to Date through September YTD Actual Annual Budget YTD Budget YTD Actual $%$%
Personnel 2,158,401$ 2,407,200$ 1,814,817$ 1,647,385$ 511,017$ 23.7% 167,432$ 9.2%
Supplies ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Contracted Services 153,739 1,979,919 1,796,376 152,880 859 0.6% 1,643,497 91.5%
Capital Outlay ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Debt Service ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Internal Services 11,873 18,828 14,122 14,121 (2,248) ‐18.9%1 0.0%
Transfers Out 11,620,161 22,343,484 11,081,531 11,081,531 538,631 4.6%‐ 0.0%
Total Expenditures 13,944,175$ 26,749,431$ 14,706,846$ 12,895,916$ 1,048,259$ 7.5% 1,810,930$ 12.3%
Prior Year YTD2020
Variance Favorable (Unfavorable)
YTD Budget
Quarterly Financial Report City of Renton, Washington 3rd Quarter 2020
Page 15 of 43
DEBT SERVICE FUNDS
Debt service funds are used to account for the accumulation of resources for the payment of principal and interest related to
the City’s general obligation bond issues. YTD budgets are not prepared for debt service funds.
GENERAL GOVERNMENTAL MISCELLANEOUS DEBT FUND
The General Governmental Miscellaneous Debt Fund is the only debt service fund maintained by the City.
Interest – The increase in interest over the prior year is due to LRF and Parks bonds issued in 2019.
Transfers In – The decrease in transfers in from the prior year is primarily due to timing of the transfers.
2019 2020 2020 YTD
YTD ACTUAL ANNUAL BUDGET YTD ACTUAL PRIOR YEAR BUDGET % BUDGET
REVENUES:
Taxes ‐$ ‐$ ‐$ ‐$ ‐$ N/A
Grants / intergovernmental 63,526 56,930 28,678 (34,848) (28,252) 50.37%
Charges for services 372,059 386,827 386,827 14,768 ‐ 100.00%
Investment Earnings 37,019 ‐ 28,545 (8,474) 28,545 N/A
TOTAL REVENUES 472,604 443,757 444,050 (28,554) 293 100.07%
EXPENDITURES:
Principal 567,947 5,405,922 580,922 (12,975) 4,825,000 10.75%
Interest 645,319 1,756,464 978,142 (332,823) 778,322 55.69%
TOTAL EXPENDITURES 1,213,266 7,162,386 1,559,064 (345,798) 5,603,322 21.77%
TRANSFERS IN 3,752,828 7,699,250 2,850,961 (901,867) (4,848,289) 37.03%
NET TRANSFERS 3,752,828 6,809,447 2,850,961 (901,867) (3,958,486) 41.87%
CHANGE IN FUND BALANCE 3,012,167 90,818 1,735,947 (1,276,220) 1,645,129 1911.46%
BEGINNING FUND BALANCE, Jan 1 2,307,173 3,999,457 3,999,457 1,692,284 ‐ 100.00%
ENDING FUND BALANCE, Sep 30 5,319,340$ 4,090,275$ 5,735,404$ 416,064$ 1,645,129$ 140.22%
VARIANCE
FAVORABLE (UNFAVORABLE)
GENERAL GOVERNMENTAL MISCELLANEOUS DEBT
Quarterly Financial Report City of Renton, Washington 3rd Quarter 2020
Page 16 of 43
SPECIAL REVENUE FUNDS
Special revenue funds are used to account for revenues that are to be used for a specific purpose as required by law or
legislative action. YTD budgets are not prepared for special revenue funds.
Hotel/Motel Fund
The Hotel/Motel Fund accounts for monies collected through an increase of 1% in hotel/motel taxes for the purpose of
increasing tourism in the City or Renton, as authorized under RCW 67.28.180. The Lodging Tax Advisory Committee solicits
applications for awards and brings their recommendations to Council for approval at least once per year. Awards for events
are paid to applicants at the conclusion of the event once certain reporting requirements have been met.
Taxes – The decrease in taxes from the prior year is due to COVID‐19 resulting in less people travelling.
Municipal Art Fund
The Municipal Art Fund was established to account for the activities of the Renton Municipal Arts Commission, as outlined in
Renton Municipal Code (RMC) section 2‐8‐7. Expenditures include grants paid to local artists, organizations, and community
groups for arts and culture projects and events that serve the general public in Renton and payments for Public Art capital
projects located throughout the City.
2019 2020 2020 YTD
YTD ACTUAL ANNUAL BUDGET YTD ACTUAL PRIOR YEAR BUDGET % BUDGET
REVENUES:
Taxes 370,187$ 200,000$ 179,305$ (190,882)$ (20,695)$ 89.65%
Contributions 24,000 ‐ 30,000 6,000 30,000 N/A
Investment Earnings 8,283 ‐ 6,409 (1,874) 6,409 N/A
TOTAL REVENUES 402,470 200,000 215,714 (186,756) 15,714 107.86%
EXPENDITURES:
Contracted Services 201,644 429,062 201,161 483 227,901 46.88%
TOTAL EXPENDITURES 201,644 429,062 201,161 483 227,901 46.88%
TRANSFERS OUT ‐ 37,500 37,500 37,500 ‐ 100.00%
NET TRANSFERS ‐ (37,500) (37,500) (37,500) ‐ N/A
CHANGE IN FUND BALANCE 200,826 (266,562) (22,947) (223,773) 243,615 8.61%
BEGINNING FUND BALANCE, Jan 1 722,387 943,889 943,889 221,502 ‐ 130.66%
ENDING FUND BALANCE, Sep 30 923,213$ 677,327$ 920,942$ (2,271)$ 243,615$ 99.75%
VARIANCE
FAVORABLE (UNFAVORABLE)
HOTEL/MOTEL
2019 2020 2020 YTD
YTD ACTUAL ANNUAL BUDGET YTD ACTUAL PRIOR YEAR BUDGET % BUDGET
REVENUES:
Investment Earnings 902$ ‐$ 1,025$ 123$ 1,025$ N/A
TOTAL REVENUES 902 ‐ 1,025 123 1,025 N/A
EXPENDITURES:
Supplies ‐ 200 90 (90) 110 45.00%
Contracted Services ‐ 183,460 48,568 (48,568) 134,892 26.47%
Capital Outlay 123,813 88,130 ‐ 123,813 88,130 0.00%
TOTAL EXPENDITURES 123,813 271,790 48,658 75,155 223,132 17.90%
TRANSFERS IN 83,000 180,660 180,660 97,660 (0) 100.00%
NET TRANSFERS 83,000 180,660 180,660 97,660 ‐ 100.00%
CHANGE IN FUND BALANCE (39,911) (91,130) 133,027 172,938 224,157 ‐145.97%
BEGINNING FUND BALANCE, Jan 1 119,446 98,865 98,865 (20,581) ‐ 100.00%
ENDING FUND BALANCE, Sep 30 79,535$ 7,735$ 231,892$ 152,357$ 224,157$ 2997.96%
MUNICIPAL ART
VARIANCE
FAVORABLE (UNFAVORABLE)
Quarterly Financial Report City of Renton, Washington 3rd Quarter 2020
Page 17 of 43
Cable Communications Fund
The Cable Communications Fund accounts for funding for promotion and development of cable communications as
established by City ordinance. The main use of the fund is to support the broadcasting of City Council meetings on Channel
21.
Springbrook Wetlands Fund
The Springbrook Wetlands Fund was established in 2007 for the purpose of providing accounting for the Springbrook Creek
Wetland and Habitat Mitigation Bank project. The fund will receive revenue by selling Wetlands credits to third parties and
to the City’s internal departments.
2019 2020 2020 YTD
YTD ACTUAL ANNUAL BUDGET YTD ACTUAL PRIOR YEAR BUDGET % BUDGET
REVENUES:
Taxes 40,000$ ‐$ ‐$ (40,000)$ ‐$ N/A
Licenses and permits 64,179 57,674 60,877 (3,302) 3,203 105.55%
Investment Earnings 5,840 ‐ 4,049 (1,791) 4,049 N/A
TOTAL REVENUES 110,019 57,674 64,926 (45,092) 7,252 112.57%
EXPENDITURES:
Personnel 9,314 ‐ ‐ (9,314) ‐ N/A
Supplies ‐ 6,302 ‐ ‐ 6,302 0.00%
Contracted Services 31,022 51,372 29,830 (1,192) 21,542 58.07%
Capital Outlay 108 40,000 ‐ (108) 40,000 0.00%
TOTAL EXPENDITURES 40,444 97,674 29,830 (10,614) 67,844 30.54%
NET TRANSFERS ‐ 40,000 ‐ ‐ ‐ 0.00%
CHANGE IN FUND BALANCE 69,575 ‐ 35,096 (34,478) 35,096 N/A
BEGINNING FUND BALANCE, Jan 1 529,159 603,760 603,760 74,601 ‐ 100.00%
ENDING FUND BALANCE, Sep 30 598,734$ 603,760$ 638,856$ 40,122$ 35,096$ 105.81%
CABLE COMMUNICATIONS
VARIANCE
FAVORABLE (UNFAVORABLE)
2019 2020 2020 YTD
YTD ACTUAL ANNUAL BUDGET YTD ACTUAL PRIOR YEAR BUDGET % BUDGET
REVENUES:
Investment Earnings 3,365$ ‐$ 2,251$ (1,114)$ 2,251$ N/A
TOTAL REVENUES 3,365 ‐ 2,251 (1,114) 2,251 N/A
TOTAL EXPENDITURES ‐ ‐ ‐ ‐ ‐ N/A
NET TRANSFERS ‐ ‐ ‐ ‐ ‐ N/A
CHANGE IN FUND BALANCE 3,365 ‐ 2,251 (1,114) 2,251 N/A
BEGINNING FUND BALANCE, Jan 1 340,895 345,658 345,658 4,763 ‐ 100.00%
ENDING FUND BALANCE, Sep 30 344,260$ 345,658$ 347,909$ 3,649$ 2,251$ 100.65%
SPRINGBROOK WETLANDS
VARIANCE
FAVORABLE (UNFAVORABLE)
Quarterly Financial Report City of Renton, Washington 3rd Quarter 2020
Page 18 of 43
Police Seizure Fund
The Police Seizure Fund was established in 2020 for the purpose of providing transparency in the accounting for assets seized
by Police in accordance with RCW 9A.83.030 and 69.50.505, previously accounted for within the General Fund. These seizure
funds are restricted to use exclusively for the expansion and improvement of controlled substances related law enforcement
activity.
Police CSAM Seizure Fund
The Police CSAM Seizure Fund was established in 2020 for the purpose of providing transparency in the accounting for assets
seized by Police in accordance with RCW 9A.88.150, previously accounted for within the General Fund. These seizure funds
are restricted to the exclusive use of enforcing the provisions of chapter 9A.88 RCW, Indecent Exposure‐Prostitution, or
chapter 9.68A RCW, Sexual Exploitation of Children.
2019 2020 2020 YTD
YTD ACTUAL ANNUAL BUDGET YTD ACTUAL PRIOR YEAR BUDGET % BUDGET
REVENUES:
Contributions ‐$ ‐$ 8,716$ 8,716$ 8,716$ N/A
Investment Earnings ‐ ‐ 1,613 1,613 1,613 N/A
TOTAL REVENUES ‐ ‐ 10,329 10,329 10,329 N/A
EXPENDITURES:
Supplies ‐ 711,102 34,869 34,869 (676,233) 4.90%
Contracted Services ‐ ‐ 20,580 20,580 20,580 N/A
Capital Outlay ‐ ‐ 7,307 7,307 7,307 N/A
TOTAL EXPENDITURES ‐ 711,102 62,756 62,756 648,346 8.83%
TRANSFERS IN ‐ 711,102 711,102 711,102 ‐ 100.00%
NET TRANSFERS ‐ 711,102 711,102 711,102 ‐ 100.00%
CHANGE IN FUND BALANCE ‐ ‐ 658,675 658,675 658,675 N/A
BEGINNING FUND BALANCE, Jan 1 ‐ ‐ ‐ ‐ ‐ N/A
ENDING FUND BALANCE, Sep 30 ‐$ ‐$ 658,675$ 658,675$ 658,675$ N/A
POLICE SEIZURE
VARIANCE
FAVORABLE (UNFAVORABLE)
2019 2020 2020 YTD
YTD ACTUAL ANNUAL BUDGET YTD ACTUAL PRIOR YEAR BUDGET % BUDGET
REVENUES:
Contributions ‐$ ‐$ 15,184$ 15,184$ 15,184$ N/A
Investment Earnings ‐ ‐ 311 311 311 N/A
TOTAL REVENUES ‐ ‐ 15,495 15,495 15,495 N/A
TOTAL EXPENDITURES ‐ ‐ 1,501 1,501 (1,501) N/A
TRANSFERS IN ‐ 126,011 126,011 126,011 ‐ 100.00%
NET TRANSFERS ‐ 126,011 126,011 126,011 ‐ 100.00%
CHANGE IN FUND BALANCE ‐ 126,011 140,005 140,005 13,994 111.11%
BEGINNING FUND BALANCE, Jan 1 ‐ ‐ ‐ ‐ ‐ N/A
ENDING FUND BALANCE, Sep 30 ‐$ 126,011$ 140,005$ 140,005$ 13,994$ 111.11%
POLICE CSAM SEIZURE
VARIANCE
FAVORABLE (UNFAVORABLE)
Quarterly Financial Report City of Renton, Washington 3rd Quarter 2020
Page 19 of 43
CAPITAL PROJECT FUNDS
Capital project funds are used to account for the acquisition and construction of major capital facilities and equipment. YTD
budgets are not prepared for capital project funds. Project budgets are adopted when funding is secured and balances are
carried forward each year until they are either 1) fully spent or 2) reallocated to another project through the budget
adjustment process.
Community Services Impact Mitigation Fund
This fund accounts for park impact fees collected from developers as authorized under RCW 82.02.050‐.110. These fees are
used to help offset the cost of system improvements necessary to service the new development. Impact fees are held in this
fund and subsequently transferred to the Municipal Facilities CIP Fund when qualifying capital projects are budgeted.
Transportation Impact Mitigation Fund
This fund accounts for transportation impact fees collected from developers as authorized under RCW 82.02.050‐.110. These
fees are used to offset the cost of system improvements necessary to serve the new development. Impact fees are held in
this fund and subsequently transferred to the Capital Improvement Fund when qualifying projects are budgeted.
2019 2020 2020 YTD
YTD ACTUAL ANNUAL BUDGET YTD ACTUAL PRIOR YEAR BUDGET % BUDGET
REVENUES:
Charges for services 321,093$ 86,500$ 505,723$ 184,630$ 419,223$ 584.65%
Investment Earnings 27,533 ‐ 13,940 (13,593) 13,940 N/A
TOTAL REVENUES 348,626 86,500 519,663 171,037 433,163 600.77%
TOTAL EXPENDITURES ‐ ‐ ‐ ‐ ‐ N/A
TRANSFERS OUT ‐ 945,909 ‐ ‐ 945,909 0.00%
NET TRANSFERS ‐ (945,909) ‐ ‐ 945,909 0.00%
CHANGE IN FUND BALANCE 348,626 (859,409) 519,663 171,037 1,379,072 ‐60.47%
BEGINNING FUND BALANCE, Jan 1 2,578,256 1,886,999 1,886,999 (691,257) ‐ 100.00%
ENDING FUND BALANCE, Sep 30 2,926,882$ 1,027,590$ 2,406,662$ (520,220)$ 1,379,072$ 234.20%
COMMUNITY SERVICES IMPACT MITIGATION
VARIANCE
FAVORABLE (UNFAVORABLE)
2019 2020 2020 YTD
YTD ACTUAL ANNUAL BUDGET YTD ACTUAL PRIOR YEAR BUDGET % BUDGET
REVENUES:
Charges for services 1,586,813$ 1,435,875$ 1,691,032$ 104,219$ 255,157$ 117.77%
Investment Earnings 39,080 ‐ 22,675 (16,405) 22,675 N/A
TOTAL REVENUES 1,625,893 1,435,875 1,713,707 87,814 277,832 119.35%
TOTAL EXPENDITURES ‐ ‐ ‐ ‐ ‐ N/A
TRANSFERS OUT ‐ 1,811,987 ‐ ‐ 1,811,987 0.00%
NET TRANSFERS ‐ (1,811,987) ‐ ‐ 1,811,987 0.00%
CHANGE IN FUND BALANCE 1,625,893 (376,112) 1,713,707 87,814 2,089,819 ‐455.64%
BEGINNING FUND BALANCE, Jan 1 3,332,524 2,942,344 2,942,344 (390,180) ‐ 100.00%
ENDING FUND BALANCE, Sep 30 4,958,417$ 2,566,232$ 4,656,051$ (302,366)$ 2,089,819$ 181.44%
TRANSPORTATION IMPACT MITIGATION
VARIANCE
FAVORABLE (UNFAVORABLE)
Quarterly Financial Report City of Renton, Washington 3rd Quarter 2020
Page 20 of 43
REET 1 Fund
This fund accounts for the first quarter percent of real estate excise tax (REET) levied in accordance with RCW 82.46.010. The
tax may be used for eligible capital projects, as defined in RCW.82.46.010(6), that are included in the capital facilities element
of the City’s comprehensive plan. REET 1 tax revenues are held in this fund and subsequently transferred to the appropriate
capital project fund when qualifying projects are budgeted.
REET 2 Fund
This fund accounts for the second quarter percent of real estate excise tax (REET) levied in accordance with RCW 82.46.035.
The tax may be used for eligible capital projects, as defined in RCW.82.46.035(5), that are included in the capital facilities
element of the City’s comprehensive plan. REET 2 tax revenues are held in this fund and subsequently transferred to the
appropriate capital project fund when qualifying projects are budgeted.
2019 2020 2020 YTD
YTD ACTUAL ANNUAL BUDGET YTD ACTUAL PRIOR YEAR BUDGET % BUDGET
REVENUES:
Taxes ‐$ 2,000,000$ 2,233,375$ 2,233,375$ 233,375$ 111.67%
Investment Earnings ‐ ‐ 5,775 5,775 5,775 N/A
TOTAL REVENUES ‐ 2,000,000 2,239,150 2,239,150 239,150 111.96%
EXPENDITURES:
TOTAL EXPENDITURES ‐ ‐ ‐ ‐ ‐ N/A
TRANSFERS IN ‐ 1,143,855 1,143,855 1,143,855 ‐ 100.00%
TRANSFERS OUT ‐ 1,775,000 ‐ ‐ 1,775,000 0.00%
NET TRANSFERS ‐ (631,145) 1,143,855 1,143,855 1,775,000 ‐181.23%
CHANGE IN FUND BALANCE ‐ 1,368,855 3,383,005 3,383,005 2,014,150 247.14%
BEGINNING FUND BALANCE, Jan 1 ‐ ‐ ‐ ‐ ‐ N/A
ENDING FUND BALANCE, Sep 30 ‐$ 1,368,855$ 3,383,005$ 3,383,005$ 2,014,150$ 247.14%
REET 1
VARIANCE
FAVORABLE (UNFAVORABLE)
2019 2020 2020 YTD
YTD ACTUAL ANNUAL BUDGET YTD ACTUAL PRIOR YEAR BUDGET % BUDGET
REVENUES:
Taxes ‐$ 2,000,000$ 2,233,375$ 2,233,375$ 233,375$ 111.67%
Investment Earnings ‐ ‐ 5,775 5,775 5,775 N/A
TOTAL REVENUES ‐ 2,000,000 2,239,150 2,239,150 239,150 111.96%
EXPENDITURES:
TOTAL EXPENDITURES ‐ ‐ ‐ ‐ ‐ N/A
TRANSFERS IN ‐ 1,143,855 1,143,855 1,143,855 (0) 100.00%
TRANSFERS OUT ‐ 1,775,000 ‐ ‐ 1,775,000 0.00%
NET TRANSFERS ‐ (631,145) 1,143,855 1,143,855 1,775,000 ‐181.23%
CHANGE IN FUND BALANCE ‐ 1,368,855 3,383,005 3,383,005 2,014,150 247.14%
BEGINNING FUND BALANCE, Jan 1 ‐ ‐ ‐ ‐ ‐ N/A
ENDING FUND BALANCE, Sep 30 ‐$ 1,368,855$ 3,383,005$ 3,383,005$ 2,014,150$ 247.14%
REET 2
VARIANCE
FAVORABLE (UNFAVORABLE)
Quarterly Financial Report City of Renton, Washington 3rd Quarter 2020
Page 21 of 43
Municipal Facilities CIP Fund
This fund accounts for general governmental facility construction, improvement and renovation; property acquisitions for
parks and City space needs; parks development and equipment; and major maintenance of existing general governmental
assets. Transportation capital improvements are accounted for in a separate fund.
A listing of project budgets and balances at September 30 is provided on the following page. The budget for personnel costs
is included in the listing for ease of comparison to total expenditures shown in the table above, but personnel costs are not
considered projects and, therefore, any remaining budget would not be carried forward at the end of the year.
2019 2020 2020 YTD
YTD ACTUAL ANNUAL BUDGET YTD ACTUAL PRIOR YEAR BUDGET % BUDGET
REVENUES:
Grants / intergovernmental 576,619$ 3,760,752$ 555,083$ (21,536)$ (3,205,669)$ 14.76%
Charges for services 10,643 ‐ 140 (10,503) 140 N/A
Sale of general fixed assets 160,000 160,000 560,000 400,000 400,000 350.00%
Contributions (37,495) 11,000 ‐ 37,495 (11,000) 0.00%
Investment Earnings 288,922 175,910 176,405 (112,517) 495 100.28%
TOTAL REVENUES 1,003,029 4,107,662 1,291,628 288,599 (2,816,034) 31.44%
EXPENDITURES:
Personnel 272,738 746,459 381,069 108,331 365,390 51.05%
Supplies 126,830 878,203 ‐ (126,830) 878,203 0.00%
Contracted Services 172,865 689,441 408,562 235,697 280,879 59.26%
Capital Outlay 7,449,496 27,533,280 5,148,686 (2,300,810) 22,384,594 18.70%
TOTAL EXPENDITURES 8,021,929 29,847,383 5,938,317 (2,083,612) 23,909,066 19.90%
TRANSFERS IN ‐ 2,772,909 ‐ ‐ (2,772,909) 0.00%
TRANSFERS OUT 6,378 2,323,680 2,323,680 2,317,302 ‐ 100.00%
NET TRANSFERS (6,378) 449,229 (2,323,680) (2,317,302) (2,772,909) ‐517.26%
CHANGE IN FUND BALANCE (7,025,278) (25,290,492) (6,970,369) 54,909 18,320,123 27.56%
BEGINNING FUND BALANCE, Jan 1 20,675,238 26,395,567 26,395,567 5,720,329 ‐ 100.00%
ENDING FUND BALANCE, Sep 30 13,649,960$ 1,105,075$ 19,425,198$ 5,775,238$ 18,320,123$ 1757.82%
MUNICIPAL FACILITIES CIP
VARIANCE
FAVORABLE (UNFAVORABLE)
Quarterly Financial Report City of Renton, Washington 3rd Quarter 2020
Page 22 of 43
Municipal Facilities CIP Fund (continued)
PROJECT BUDGET ACTUAL BALANCE
CAPITAL PROJECT COORDINATORS 746,459$ 381,069$ 365,390$
SALE OF PARK LAND COSTS 10,000 10,000 -
SUNSET NEIGHBORHOOD PARK ART 224,100 36,801 187,299
CITY HALL ELEVATORS 2,079,704 343,861 1,735,843
SENIOR ACTIVITY CENTER - 1,641 (1,641)
CITY WIDE SECURITY SYSTEM UPGRADES 340,055 77,973 262,082
COMM SVCS MAINT SHOPS REHAB 299,946 - 299,946
SIGN SHOP IMPROVEMENTS 37,719 34,895 2,824
FIRE STATION 15 957,962 - 957,962
CITY HALL MAJOR HVAC AND FIRE COMP REPL 1,796,262 47,658 1,748,604
4TH FLOOR REMODEL AND POLICE TRAINING CENTER 210,371 414,496 (204,125)
BOATHOUSE 323,248 307,751 15,497
HENRY MOSES AQUATIC CENTER 88,644 - 88,644
PARKS RECREATION AND OPEN SPACE PLAN 8,730 8,730 -
REGIS PARK ATHLETIC FIELD EXPANSION 300,000 32,161 267,839
SPORT COURT IMPROVEMENTS 150,000 - 150,000
PARKING LOT AND DRIVEWAY REPAIRS 90,000 - 90,000
PATHWAY SIDEWALK PATIO BOARDWALK REPLACE 265,215 - 265,215
IRRIGATION AUTOMATION & CONSERVATION 12,072 - 12,072
URBAN FORESTRY PROGRAM 106,044 - 106,044
PARKS MM - PLAYGRDS, KIOSKS & INT SIGNS 605,640 - 605,640
PARKS MM - LIGHT SYSTEM UPGRADES 110,000 - 110,000
PARKS MM - SHORELINE AND BANK STABILIZAT 182,500 - 182,500
PARKS MM - STRUCTURAL REVIEWS & REPAIRS 579,667 389,832 189,835
SUNSET EIS PARK 4,626,344 2,784,418 1,841,926
COULON PARK STRUCTURAL IMPROVEMENTS 1,038 1,038 -
COULON PARK LIGHTING REPAIRS 34,415 - 34,415
COULON PARK TURF REPLACEMENT 124,788 - 124,788
COULON SWIM BEACH 250,000 - 250,000
LIBERTY PARK IMPROVEMENTS 1,551,852 - 1,551,852
TRANSPORTATION LANDSCAPE 90,000 - 90,000
PHILIP ARNOLD PARK IMPROVEMENTS 5,500,000 119,761 5,380,239
COULON - ROSEWALL 50,000 7,775 42,225
COULON - SHORELINE EROSION 100,000 - 100,000
KIWANIS PARK 4,200,388 155,822 4,044,566
COULON - WATERWALK 1,639,975 126,045 1,513,930
COULON - TRESTLE BRIDGE 1,542,881 53,793 1,489,088
FAWCETT PROPERTY PURCHASE ROFR 611,364 602,797 8,567
TOTAL PROJECT BALANCES 29,847,383$ 5,938,317$ 23,909,066$
MUNICIPAL FACILITIES CIP PROJECT BUDGETS AT SEPTEMBER 30, 2020
Quarterly Financial Report City of Renton, Washington 3rd Quarter 2020
Page 23 of 43
Capital Improvement Fund
This fund accounts for the City’s Transportation capital projects.
A listing of project budgets and balances at September 30 is provided on the following page.
2019 2020 2020 YTD
YTD ACTUAL ANNUAL BUDGET YTD ACTUAL PRIOR YEAR BUDGET % BUDGET
REVENUES:
Grants / intergovernmental 775,703$ 22,131,453$ 1,372,736$ 597,033$ (20,758,717)$ 6.20%
Charges for services ‐ 250,000 250,000 250,000 ‐ 100.00%
Fines and penalties 50,586 7,200 21,622 (28,964) 14,422 300.31%
Contributions 238,517 ‐ ‐ (238,517) ‐ N/A
Investment Earnings 97,588 70,000 120,484 22,896 50,484 172.12%
TOTAL REVENUES 1,162,394 22,458,653 1,764,842 602,448 (20,693,811) 7.86%
EXPENDITURES:
Personnel 93,948 56,000 80,879 (13,069) (24,879) 144.43%
Supplies 44,903 ‐ 147,946 103,043 (147,946) N/A
Contracted Services 25,969 ‐ 107,700 81,731 (107,700) N/A
Capital Outlay 3,332,588 45,242,768 4,508,948 1,176,360 40,733,820 9.97%
TOTAL EXPENDITURES 3,497,408 45,298,768 4,845,473 1,348,065 40,453,295 10.70%
TRANSFERS IN 2,000,000 4,669,687 760,000 (1,240,000) (3,909,687) 16.28%
NET TRANSFERS 2,000,000 4,669,687 760,000 (1,240,000) (3,909,687) 16.28%
CHANGE IN FUND BALANCE (335,014) (18,170,428) (2,320,631) (1,985,617) 15,849,797 N/A
BEGINNING FUND BALANCE, Jan 1 5,492,313 18,947,853 18,947,853 13,455,540 ‐ 100.00%
ENDING FUND BALANCE, Sep 30 5,157,299$ 777,425$ 16,627,222$ 11,469,923$ 15,849,797$ 2138.76%
CAPITAL IMPROVEMENT
VARIANCE
FAVORABLE (UNFAVORABLE)
Quarterly Financial Report City of Renton, Washington 3rd Quarter 2020
Page 24 of 43
Capital Improvement Fund (continued)
PROJECT BUDGET ACTUAL BALANCE
WALKWAY PGM 217,096$ -$ 217,096$
NE 31ST ST CULVERT 12,228 - 12,228
ARTERIAL CIRCULATION PGM 100,000 34,947 65,053
BRIDGE INSPECTION & REPAIR 236,916 33,626 203,290
ROADWAY SAFETY & GUARDRAIL 54,407 - 54,407
I-405/44TH GATEWAY SIGNAGE 57,700 - 57,700
RENTON CONNECTOR 1,593,294 10,036 1,583,258
STREET OVERLAY PGM 1,705,830 196,976 1,508,854
TRAFFIC SAFETY PGM 260,507 133,252 127,255
PROJ DEV & PRE-DESIGN 130,000 19,764 110,236
SO 7TH ST 135,000 - 135,000
ITS PGM 159,891 133,763 26,128
RENTON AVE EXT PRES 778,082 252,944 525,138
SW GRADY WAY PRES 7,603 7,706 (103)
DUVALL AVE NE PRES - 507 (507)
PARK AVE EXTENSION 7,712,602 207,279 7,505,323
RAINIER AVE S/N PHASE 4 5,689,029 803,973 4,885,056
INTERSECT SAFETY & MOBILITY 386,934 99,717 287,217
NE 31ST ST BRIDGE REPLACEMENT 251,030 2,006 249,024
N 27TH PL CULVERT SCOUR REPAIR 71,719 4,261 67,458
DUVALL AVE 7TH TO SUNSET 6,910,089 315,585 6,594,504
BARRIER FREE 85,000 5,849 79,151
SIDEWALK REHAB 100,000 - 100,000
LAKE WASHINGTON LOOP TRAIL 1,099,156 69,278 1,029,878
HIGHLANDS TO LANDING 533,310 97,592 435,718
SUNSET BLVD CORRIDOR 1,644,769 202,802 1,441,967
PRES OF TOD 245,001 105,595 139,406
WILLIAMS AVE S & WELLS AVE S CONV 10,385,423 1,572,587 8,812,836
ARTERIAL REHAB - SW 43RD 220,000 66,361 153,639
BRONSON BRIDGE 611,235 102,205 509,030
HOUSER WAY N BRIDGE 590,985 70,578 520,407
WILLIAMS BRIDGE 713,535 52,374 661,161
NILE BRIDGE 50,000 - 50,000
S 2ND STREET CONVERSION 1,540,750 3,902 1,536,848
HOUSER WAY INT & PED IMP 814,625 74,781 739,844
RENTON SCHOOL CROSSINGS 195,022 165,227 29,795
TOTAL PROJECT BALANCES 45,298,768$ 4,845,473$ 40,453,295$
CAPITAL IMPROVEMENT PROJECT BUDGETS AT SEPTEMBER 30, 2020
Quarterly Financial Report City of Renton, Washington 3rd Quarter 2020
Page 25 of 43
Housing Opportunity Fund
This fund was historically used to account for the Economic Development Reserve and Housing Opportunity Grants. After a
review of the fund, it was determined that the use of the fund did not qualify as a capital project fund under Generally
Accepted Accounting Principles (GAAP) and the fund has been closed. The fund balance was transferred to a management
fund of the General Fund where the fund balance will remain intact until authorized by Council to be spent.
New Library Development Fund
This fund was used to account for the construction of the new Highlands Library and the renovation of the Cedar River Library.
The fund is no longer needed as the library construction projects were complete in 2016. Closure of the fund and a transfer
of the remaining fund balance will be proposed with the 1st quarter 2021 budget adjustment.
2019 2020 2020 YTD
YTD ACTUAL ANNUAL BUDGET YTD ACTUAL PRIOR YEAR BUDGET % BUDGET
REVENUES:
Investment Earnings 26,816$ 6,309$ 6,309$ (20,507)$ ‐$ 100.00%
TOTAL REVENUES 26,816 6,309 6,309 (20,507) ‐ 100.00%
EXPENDITURES:
Contracted Services 42,984 ‐ ‐ (42,984) ‐ N/A
TOTAL EXPENDITURES 42,984 ‐ ‐ (42,984) ‐ N/A
TRANSFERS OUT ‐ 2,576,659 2,576,659 (2,576,659) ‐ 100.00%
NET TRANSFERS ‐ (2,576,659) (2,576,659) 2,576,659 ‐ N/A
CHANGE IN FUND BALANCE (16,168) (2,570,350) (2,570,350) 2,599,136 ‐ N/A
BEGINNING FUND BALANCE, Jan 1 2,582,203 2,570,350 2,570,350 (11,853) ‐ 100.00%
ENDING FUND BALANCE, Sep 30 2,566,035$ ‐$ ‐$ 2,587,283$ ‐$ N/A
HOUSING OPPORTUNITY
VARIANCE
FAVORABLE (UNFAVORABLE)
2019 2020 2020 YTD
YTD ACTUAL ANNUAL BUDGET YTD ACTUAL PRIOR YEAR BUDGET % BUDGET
REVENUES:
Investment Earnings 3,553$ ‐$ 271$ (3,282)$ 271$ N/A
TOTAL REVENUES 3,553 ‐ 271 (3,282) 271 N/A
TOTAL EXPENDITURES ‐ ‐ ‐ ‐ ‐ N/A
NET TRANSFERS ‐ ‐ ‐ ‐ ‐ N/A
CHANGE IN FUND BALANCE 3,553 ‐ 271 (3,282) 271 N/A
BEGINNING FUND BALANCE, Jan 1 456,591 16,408 16,408 (440,183) ‐ 100.00%
ENDING FUND BALANCE, Sep 30 460,144$ 16,408$ 16,679$ (443,465)$ 271$ 101.65%
NEW LIBRARY DEVELOPMENT
VARIANCE
FAVORABLE (UNFAVORABLE)
Quarterly Financial Report City of Renton, Washington 3rd Quarter 2020
Page 26 of 43
Family First Center Fund
This fund is used to account for the construction of the new Family First Center. Funds accumulated for the construction of
the Family First Center are maintained in the fund balance until such time that Council authorizes their use through the
approval of contracts and additional project budget is established through the budget adjustment process.
Note ‐ Additional funds designated for the Family First Center are being held in a fund with the Renton Community Foundation
(Foundation). Those funds are not reflected in the City’s records as they are assets of the Foundation, not the City. The City
must apply to the Foundation to receive the funds. Funds transferred from the Foundation will be recorded as contribution
revenue when received by the City.
2019 2020 2020 YTD
YTD ACTUAL ANNUAL BUDGET YTD ACTUAL PRIOR YEAR BUDGET % BUDGET
REVENUES:
Grants / intergovernmental ‐$ 75,000$ ‐$ ‐$ (75,000)$ 0.00%
Contributions 37,495 ‐ ‐ (37,495) ‐ N/A
Investment Earnings 44,756 ‐ 54,501 9,745 54,501 N/A
TOTAL REVENUES 82,251 75,000 54,501 (27,750) (20,499) 72.67%
EXPENDITURES:
Capital Outlay 310,175 648,948 259,310 (50,865) 389,638 39.96%
TOTAL EXPENDITURES 354,753 648,948 259,310 (95,443) 389,638 39.96%
NET TRANSFERS ‐ ‐ ‐ ‐ ‐ N/A
CHANGE IN FUND BALANCE (272,502) (573,948) (204,809) 67,693 369,139 N/A
BEGINNING FUND BALANCE, Jan 1 4,193,806 8,551,401 8,551,401 4,357,595 ‐ 100.00%
ENDING FUND BALANCE, Sep 30 3,921,304$ 7,977,453$ 8,346,592$ 4,425,288$ 369,139$ 104.63%
FAMILY FIRST CENTER
VARIANCE
FAVORABLE (UNFAVORABLE)
Quarterly Financial Report City of Renton, Washington 3rd Quarter 2020
Page 27 of 43
ENTERPRISE FUNDS
Enterprise funds are used to account for operations that are financed and operated in a manner similar to private business
enterprises. YTD budgets are not prepared for Enterprise Funds.
Most Enterprise Funds maintain two separate “management funds”, an operating fund and a capital fund. The funds are
consolidated for budget/reporting purposes. Operating budgets lapse at the end of the year. Project budgets are adopted
when funding is secured and balances are carried forward each year until they are either 1) fully spent or 2) reallocated to
another project through the budget adjustment process. A listing of project balances for each Enterprise Fund is included,
along with a reconciliation to the amounts reported as “Capital Projects”.
Airport Fund
This fund accounts for revenues and expenses for administration, debt service, operation, capital improvements, and
maintenance of the Renton Municipal Airport.
2019 2020 2020 YTD
YTD ACTUAL ANNUAL BUDGET YTD ACTUAL PRIOR YEAR BUDGET % BUDGET
REVENUES:
Grants / intergovernmental 214,009$ ‐$ ‐$ (214,009)$ ‐$ N/A
Charges for services 222,066 145,557 70,084 (151,982) (75,473) 48.15%
Rents, leases, and misc fees 2,129,042 2,902,353 2,212,475 83,433 (689,878) 76.23%
Interest and other misc 58,030 3,857 42,954 (15,076) 39,097 1113.66%
TOTAL REVENUES 2,623,764 3,051,767 2,325,513 (298,251) (726,254) 76.20%
EXPENSES:
Personnel 817,644 1,109,685 674,075 143,569 435,610 60.74%
Supplies 33,737 43,500 22,085 11,652 21,415 50.77%
Contracted Services 471,249 491,088 273,775 197,474 217,313 55.75%
Internal Services 238,741 310,765 235,446 3,295 75,319 75.76%
TOTAL OPERATING EXPENSES 1,561,371 1,955,038 1,205,381 355,990 749,657 61.66%
AMOUNT AVAILABLE FOR DEBT SERVICE,
CAPITAL, AND TRANSFERS 1,062,393 1,096,729 1,120,132 57,739 23,403 102.13%
TOTAL DEBT SERVICE ‐ ‐ ‐ ‐ ‐ N/A
CAPITAL OUTLAY 163,586 5,893,387 223,324 (59,738) 5,670,063 3.79%
TRANSFERS OUT ‐ ‐ 1,363 (1,363) (1,363) N/A
NET TRANSFERS ‐ ‐ (1,363) (1,363) (1,363) N/A
CHANGE IN FUND BALANCE 898,807 (4,796,658) 895,445 (3,362) 5,692,103 N/A
BEGINNING FUND BALANCE, Jan 1 4,985,377 6,259,402 6,259,402 1,274,025 ‐ 100.00%
ENDING FUND BALANCE, Sep 30 5,884,184$ 1,462,744$ 7,154,847$ 1,270,663$ 5,692,103$ 489.14%
VARIANCE
AIRPORT
PROJECT BUDGET ACTUAL BALANCE
MAINTENANCE DREDGING & SHORELINE MITIGAT 60,050$ -$ 60,050$
AIRPORT OFFICE REHAB 2,763,289 44,973 2,718,316
MAJOR FACILITY MAINTENANCE 357,263 105,777 251,486
PAVEMENT MANAGEMENT PROGRAM 255,930 - 255,930
SNOW REMOVAL EQUIPMENT 167,000 - 167,000
MASTER PLAN UPDATE 103,850 62,730 41,120
TAXIWAY ALPHA REHABILITATION 1,115,495 - 1,115,495
RUNWAY SAFETY AREA 774,360 - 774,360
ENVIRONMENTAL IMPACT STUDY 400,000 - 400,000
TOTAL PROJECT BALANCES 5,997,237$ 213,480$ 5,783,757$
Non-capital items included in project budgets (103,850) (20,806) (83,044)
Operating fund equipment purchase - 30,650 (30,650)
TOTAL CAPITAL OUTLAY 5,893,387$ 223,324$ 5,670,063$
AIRPORT PROJECT BALANCES AT SEPTEMBER 30, 2020
Quarterly Financial Report City of Renton, Washington 3rd Quarter 2020
Page 28 of 43
Solid Waste Fund
This fund accounts for revenues and expenses for administration and operating of solid waste, recycling, and yard waste
collection services for the City.
Charges for services ‐ The increase in charges for services over the prior year is due to increased rates. The majority of the
increase is coming from commercial and multi‐family steel collections.
Contracted Services ‐ The increase in contracted services expense over the prior year is due to increased payments to the
garbage contractor, which directly relates to the increased rates, as noted above.
Capital Outlay ‐ The Solid Waste Fund does not have a capital fund.
2019 2020 2020 YTD
YTD ACTUAL ANNUAL BUDGET YTD ACTUAL PRIOR YEAR BUDGET % BUDGET
REVENUES:
Grants / intergovernmental 167,153$ 268,631$ 89,664$ (77,489)$ (178,967)$ 33.38%
Charges for services 15,248,045 19,343,186 15,587,987 339,942 (3,755,199) 80.59%
Interest and other misc 24,241 5,000 20,695 (3,546) 15,695 413.90%
TOTAL REVENUES 15,439,439 19,616,817 15,698,346 258,907 (3,918,471) 80.02%
EXPENSES:
Personnel 432,482 579,726 426,817 5,665 152,909 73.62%
Supplies 6,088 10,171 3,252 2,836 6,919 31.97%
Contracted Services 13,863,315 18,338,705 13,634,509 228,806 4,704,196 74.35%
Internal Services 355,384 438,482 340,558 14,826 97,924 77.67%
TOTAL OPERATING EXPENSES 14,657,269 19,367,084 14,405,136 252,133 4,961,948 74.38%
AMOUNT AVAILABLE FOR DEBT SERVICE,
CAPITAL, AND TRANSFERS 782,170 249,733 1,293,210 511,040 1,043,477 517.84%
TOTAL DEBT SERVICE ‐ ‐ ‐ ‐ ‐ N/A
CAPITAL OUTLAY ‐ ‐ ‐ ‐ ‐ N/A
NET TRANSFERS ‐ ‐ ‐ ‐ ‐ N/A
CHANGE IN FUND BALANCE 782,170 249,733 1,293,210 511,040 1,043,477 517.84%
BEGINNING FUND BALANCE, Jan 1 2,276,333 2,266,127 2,266,127 (10,206) ‐ 100.00%
ENDING FUND BALANCE, Sep 30 3,058,503$ 2,515,860$ 3,559,337$ 500,834$ 1,043,477$ 141.48%
SOLID WASTE
VARIANCE
Quarterly Financial Report City of Renton, Washington 3rd Quarter 2020
Page 29 of 43
Golf Course Fund
This fund accounts for revenues and expenses for administration, debt service, operation, capital improvements, and
maintenance of the Maplewood Golf Course.
Charges for services – The increase in charges for services over the prior year is due to COVID‐19. As many recreational
activities have been cancelled in the region due to COVID‐19 restrictions, the number of people golfing has increased.
Rents, leases, and misc fees – The decrease in rents, leases, and misc fees from the prior year is due to COVID‐19. Rent for
the Golf Course’s restaurant tenant is based on a percentage of restaurant and banquet sales which have declined significantly
due to COVID‐19 restrictions.
Capital Outlay ‐ The Golf Course has $20K budgeted for capital in 2020. This budget is for equipment purchases in the
operating fund and is not related to a capital project.
2019 2020 2020 YTD
YTD ACTUAL ANNUAL BUDGET YTD ACTUAL PRIOR YEAR BUDGET % BUDGET
REVENUES:
Charges for services 1,672,980$ 2,294,800$ 1,787,980$ 115,000$ (506,820)$ 77.91%
Rents, leases, and misc fees 385,657 500,750 276,076 (109,581) (224,674) 55.13%
Interest and other misc 6,773 1,370 2,667 (4,106) 1,297 194.67%
TOTAL REVENUES 2,065,410 2,796,920 2,066,723 1,313 (730,197) 73.89%
EXPENSES:
Personnel 1,126,902 1,512,192 1,070,421 56,481 441,771 70.79%
Supplies 276,517 321,500 242,422 34,095 79,078 75.40%
Contracted Services 187,494 205,050 126,244 61,250 78,806 61.57%
Internal Services 189,642 341,940 256,533 (66,891) 85,407 75.02%
TOTAL OPERATING EXPENSES 1,780,555 2,380,682 1,695,620 84,935 685,062 71.22%
AMOUNT AVAILABLE FOR DEBT SERVICE,
CAPITAL, AND TRANSFERS 284,855 416,238 371,103 86,248 (45,135) 89.16%
TOTAL DEBT SERVICE ‐ ‐ ‐ ‐ ‐ N/A
CAPITAL OUTLAY 14,140 20,000 ‐ 14,140 20,000 0.00%
TRANSFERS IN 54,000 76,000 57,000 3,000 (19,000) 75.00%
TRANSFERS OUT 54,000 76,000 59,695 (5,695) 16,305 78.55%
NET TRANSFERS ‐ ‐ (2,695) (2,695) (2,695) N/A
CHANGE IN FUND BALANCE 270,715 396,238 368,408 97,693 (27,830) 92.98%
BEGINNING FUND BALANCE, Jan 1 110,812 173,750 173,750 62,938 ‐ 100.00%
ENDING FUND BALANCE, Sep 30 381,527$ 569,988$ 542,158$ 160,631$ (27,830)$ 95.12%
GOLF COURSE
VARIANCE
Quarterly Financial Report City of Renton, Washington 3rd Quarter 2020
Page 30 of 43
Water Utility Fund
This fund accounts for revenues and expenses for administration, debt service, operation, capital improvements, and
maintenance of the City’s water utility.
Charges for services – Water charges decreased from the prior year due to COVID‐19. Utility revenues are recognized when
received for budgetary purposes. While consumption changes between commercial and residential properties have resulted
in a net decrease in amounts billed through September 30 of only $34K, receipts associated with these billings have decreased
$725K over the same period in 2019. A moratorium on disconnections for non‐payment has been in effect since March and
was recently extended into spring 2021.
Interest and other misc – Interest revenues have decreased from the prior year due to lower interest rates. Interest revenues
have exceeded the annual budget as these revenues are budgeted conservatively in anticipation of market volatility.
Contracted services – The decrease in contracted services from the prior year is due to combination of contracted services
and external taxes that have decreased due to COVID‐19.
Capital Outlay ‐ A listing of project budgets and balances at September 30 is provided on the following page.
2019 2020 2020 YTD
YTD ACTUAL ANNUAL BUDGET YTD ACTUAL PRIOR YEAR BUDGET % BUDGET
REVENUES:
Charges for services 13,446,578$ 19,180,991$ 12,721,901$ (724,677)$ (6,459,090)$ 66.33%
Fines and penalties ‐ ‐ 5,600 5,600 5,600 N/A
Rents, leases, and misc fees 157,766 136,591 232,204 74,438 95,613 170.00%
Interest and other misc 785,585 199,070 637,326 (148,259) 438,256 320.15%
TOTAL REVENUES 14,389,929 19,516,652 13,597,031 (792,898) (5,919,621) 69.67%
EXPENSES:
Personnel 3,216,479 4,640,953 3,226,180 (9,701) 1,414,773 69.52%
Supplies 667,056 833,418 595,044 72,012 238,374 71.40%
Contracted Services 2,390,178 3,193,299 2,231,475 158,703 961,824 69.88%
Internal Services 1,647,702 2,185,563 1,550,720 96,982 634,843 70.95%
TOTAL OPERATING EXPENSES 7,921,415 10,853,233 7,603,419 317,996 3,249,814 70.06%
AMOUNT AVAILABLE FOR DEBT SERVICE,
CAPITAL, AND TRANSFERS 6,468,514 8,663,419 5,993,612 (474,902) (2,669,807) 69.18%
DEBT SERVICE:
Principal 345,818 1,540,568 345,818 ‐ 1,194,750 22.45%
Interest 111,973 241,747 105,595 6,378 136,152 43.68%
TOTAL DEBT SERVICE 457,791 1,782,315 451,413 6,378 1,330,902 25.33%
CAPITAL OUTLAY 3,352,288 37,304,963 2,369,026 983,262 34,935,937 6.35%
TRANSFERS OUT ‐ ‐ 330 (330) (330) N/A
NET TRANSFERS ‐ ‐ (330) (330) (330) N/A
CHANGE IN FUND BALANCE 2,658,435 (30,423,859) 3,172,843 514,408 33,596,702 N/A
BEGINNING FUND BALANCE, Jan 1 38,002,973 37,569,067 37,569,067 (433,906) ‐ 100.00%
ENDING FUND BALANCE, Sep 30 40,661,408$ 7,145,208$ 40,741,910$ 80,502$ 33,596,702$ 570.20%
WATER UTILITY
VARIANCE
Quarterly Financial Report City of Renton, Washington 3rd Quarter 2020
Page 31 of 43
Water Utility Fund (continued)
PROJECT BUDGET ACTUAL BALANCE
PIPE OVERSIZING COSTS 100,000$ -$ 100,000$
TELEMETRY IMPROVEMENTS-PHASE 4 250,000 5,732 244,268
WATER SYSTEM PLAN UPDATE 200,000 53,223 146,777
UPDATE EMERGENCY RESPONSE PLAN 250,000 15,642 234,358
STEEL/AC WATERMAIN REPLC PLAN 1,130,000 6,518 1,123,482
RESERVOIR RECOATING 200,000 5,399 194,601
EMERGENCY RESPONSE PROJ 100,000 - 100,000
DOWNTOWN WATER MAIN REPLACEMENT 3,500,000 173,731 3,326,269
GPS & GIS DATABASE/CONVERSION - (4,432) 4,432
WATER PUMP STATIONS REHAB 400,000 - 400,000
RESERVOIR PRV METERS 300,000 12,164 287,836
MPLWD WATER TREATMENT IMPROV - CONST 770,000 68,881 701,119
MAPLEWOOD PUMP STATION ROOF REPLACEMENT - 15,401 (15,401)
HIGHLANDS WATER MAIN IMPROVEMENT 1,100,000 21,262 1,078,738
DUVALL AVE NE WATER MAIN REPLACEMENT 360,000 2,400 357,600
EMERGENCY POWER TO PUMP STATION 300,000 - 300,000
WATER SYSTEM SECURITY IMPROVEMENTS 100,000 - 100,000
AQUIFER MONITORING AND MANAGEMENT 30,000 - 30,000
WATER TREATMENT FILTER MEDIA 400,000 6,092 393,908
WSDOT I-405 WATER RELOCATIONS 300,000 10,508 289,492
AUTOMATIC METER READING CONVERSION 85,000 38,885 46,115
TRANSMISSION MAIN REPLACEMENT - (248) 248
HIGHLANDS 435-RESERVOIRS REPLACEMENT 23,100,000 19,363 23,080,637
RAINIER AVE S ROAD & UTILITIES IMPRVMNT 300,000 - 300,000
KENNYDALE 320-RESERVOIR 4,000,000 1,982,236 2,017,764
TOTAL PROJECT BALANCES 37,275,000$ 2,432,757$ 34,842,243$
Non-capital items included in project budgets - (63,731) 63,731
Operating fund equipment purchase 29,963 - 29,963
TOTAL CAPITAL OUTLAY 37,304,963$ 2,369,026$ 34,935,937$
WATER UTILITY FUND PROJECT BALANCES AT SEPTEMBER 30, 2020
Quarterly Financial Report City of Renton, Washington 3rd Quarter 2020
Page 32 of 43
Wastewater Utility Fund
This fund accounts for revenues and expenses for administration, debt service, operation, capital improvements, and
maintenance of the City’s wastewater utility.
Charges for services – Wastewater charges decreased from the prior year due to COVID‐19. Utility revenues are recognized
when received for budgetary purposes. While consumption changes between commercial and residential properties have
resulted in a net decrease in amounts billed through September 30 of only $27K, receipts associated with these billings have
decreased $149K over the same period in 2019. A moratorium on disconnections for non‐payment has been in effect since
March and was recently extended into spring 2021.
Interest and other misc – Interest revenues have decreased from the prior year due to lower interest rates. Interest revenues
have exceeded the annual budget as these revenues are budgeted conservatively in anticipation of market volatility.
Contracted Services – The decrease in contracted services from the prior year is due primarily to reductions in amounts spent
for equipment rental and professional services related to preparation of the Wastewater Long Range Plan.
Capital Outlay ‐ A listing of project budgets and balances at September 30 is provided on the following page.
2019 2020 2020 YTD
YTD ACTUAL ANNUAL BUDGET YTD ACTUAL PRIOR YEAR BUDGET % BUDGET
REVENUES:
Licenses and permits 88,629$ 61,802$ 73,400$ (15,229)$ 11,598$ 118.77%
Charges for services 8,161,330 11,248,216 8,012,821 (148,509) (3,235,395) 71.24%
Fines and penalties 616 ‐ 263 (353) 263 N/A
Interest and other misc 631,645 320,766 500,862 (130,783) 180,096 156.15%
TOTAL REVENUES 8,882,220 11,630,784 8,587,346 (294,874) (3,043,438) 73.83%
EXPENSES:
Personnel 1,697,308 2,456,376 1,777,776 (80,468) 678,600 72.37%
Supplies 48,881 70,880 50,287 (1,406) 20,593 70.95%
Contracted Services 1,754,372 2,644,281 1,496,208 258,164 1,148,073 56.58%
Internal Services 1,174,674 1,455,392 1,100,375 74,299 355,017 75.61%
TOTAL OPERATING EXPENSES 4,675,235 6,626,929 4,424,646 250,589 2,202,283 66.77%
AMOUNT AVAILABLE FOR DEBT SERVICE,
CAPITAL, AND TRANSFERS 4,206,985 5,003,855 4,162,700 (44,285) (841,155) 83.19%
DEBT SERVICE:
Principal ‐ 601,300 ‐ ‐ 601,300 0.00%
Interest 47,859 108,921 45,398 2,461 63,523 41.68%
TOTAL DEBT SERVICE 47,859 710,221 45,398 2,461 664,823 6.39%
CAPITAL OUTLAY 2,519,251 18,463,200 529,316 1,989,935 17,933,884 2.87%
TRANSFERS IN 28,356 ‐ ‐ (28,356) ‐ N/A
NET TRANSFERS 27,588 ‐ ‐ (27,588) ‐ N/A
CHANGE IN FUND BALANCE 1,667,463 (14,169,566) 3,587,986 1,920,523 17,757,552 N/A
BEGINNING FUND BALANCE, Jan 1 18,879,201 19,832,351 19,832,351 953,150 ‐ 100.00%
ENDING FUND BALANCE, Sep 30 20,546,664$ 5,662,785$ 23,420,337$ 2,873,673$ 17,757,552$ 413.58%
WASTEWATER UTILITY
VARIANCE
Quarterly Financial Report City of Renton, Washington 3rd Quarter 2020
Page 33 of 43
Wastewater Utility Fund (continued)
PROJECT BUDGET ACTUAL BALANCE
MISCELANEOUS SEWER PROJECTS 185,000$ 5,150$ 179,850$
2008 LONG-RANGE WW MANAG PLAN 97,000 37,711 59,289
WASTEWATER OPERATIONS MASTER PLAN 774,000 8,509 765,491
FALCON RIDGE LS REHAB - 59 (59)
AIRPORT LS REHAB - 247 (247)
THUNDER HILL INT REPL/REHAB 3,110,000 29,915 3,080,085
FORCE MAIN REHABILITATION REPLACEMENT 1,487,000 7,612 1,479,388
LIFT STATION REHABILITATION 1,891,000 10,265 1,880,735
DOWNTOWN SEWER REPLACEMENT/REHAB 7,537,000 277,604 7,259,396
2019 SANITARY SEWER REHAB/REPLACEMENT - 3,704 (3,704)
2020 SANITARY SEWER REHAB/REPLACEMENT 2,700,000 163,063 2,536,937
KENNYDALE LAKELINE SEWER UPGRADE 1,248,000 14,332 1,233,668
TOTAL PROJECT BALANCES 19,029,000$ 558,171$ 18,470,829$
Non-capital items included in project budgets (571,000) (28,855) (542,145)
Operating fund equipment purchase 5,200 - 5,200
TOTAL CAPITAL OUTLAY 18,463,200$ 529,316$ 17,933,884$
WASTEWATER UTILITY FUND PROJECT BALANCES AT SEPTEMBER 30, 2020
Quarterly Financial Report City of Renton, Washington 3rd Quarter 2020
Page 34 of 43
Surface Water Utility Fund
This fund accounts for revenues and expenses for administration, debt service, operation, capital improvements, and
maintenance of the City’s surface water utility.
Grants/Intergovernmental – Federal/State/Local grant revenues vary significantly from year‐to‐year based on what grants
have been awarded and the timing of grant expenditures and related reimbursement requests. Grant revenues are budgeted
at 100% of the award at the time the grant agreement is finalized and any amounts not received are carried forward each
year until either 1) the grant funds are fully received or 2) the grant agreement expires.
Charges for services – Surface water charges for services increased over the prior year due to rate increases. Unlike Water
and Wastewater charges, Surface water charges are not based on usage, but rather on impervious surface area, so COVID‐19
did not affect the amounts billed. Utility revenues are recognized when received for budgetary purposes, so although
amounts billed increased $189K from the prior year, the revenue reflects a smaller increase as accounts receivable balances
increased by 7.65% over the prior year. A moratorium on disconnections for non‐payment has been in effect since March and
was recently extended into spring 2021.
Interest and other misc – Interest revenues have decreased from the prior year due to lower interest rates. Interest revenues
have exceeded the annual budget as these revenues are budgeted conservatively in anticipation of market volatility.
Contracted Services – The increase in contracted services from the prior year is primarily due to professional services
related to the Cedar River Levee Recertification.
Internal Services – Decreased internal service fund charges are a result of 9 months’ replacement reserve payments being
waived in response to COVID‐19. All vehicle/equipment purchases and replacements are being postponed one year.
2019 2020 2020 YTD
YTD ACTUAL ANNUAL BUDGET YTD ACTUAL PRIOR YEAR BUDGET % BUDGET
REVENUES:
Licenses and permits 40,200$ 50,456$ 52,475$ 12,275$ 2,019$ 104.00%
Grants / intergovernmental 1,018,172 12,356,399 778,027 (240,145) (11,578,372) 6.30%
Charges for services 8,825,367 13,000,699 8,944,514 119,147 (4,056,185) 68.80%
Interest and other misc 541,531 135,163 291,358 (250,173) 156,195 215.56%
TOTAL REVENUES 10,425,270 25,542,717 10,066,374 (358,896) (15,476,343) 39.41%
EXPENSES:
Personnel 2,670,262 3,488,003 2,750,768 (80,506) 737,235 78.86%
Supplies 98,579 167,949 81,508 17,071 86,441 48.53%
Contracted Services 1,118,934 4,292,977 1,309,798 (190,864) 2,983,179 30.51%
Internal Services 1,453,694 1,746,577 1,306,639 147,055 439,938 74.81%
TOTAL OPERATING EXPENSES 5,341,469 9,695,506 5,448,713 (107,244) 4,246,793 56.20%
AMOUNT AVAILABLE FOR DEBT SERVICE,
CAPITAL, AND TRANSFERS 5,083,801 15,847,211 4,617,661 (466,140) (11,229,550) 29.14%
DEBT SERVICE:
Principal ‐ 488,950 ‐ ‐ 488,950 0.00%
Interest 446,084 640,845 443,768 2,316 197,077 69.25%
TOTAL DEBT SERVICE 446,084 1,129,795 443,768 2,316 686,027 39.28%
CAPITAL OUTLAY 2,204,024 20,310,802 1,242,968 961,056 19,067,834 6.12%
NET TRANSFERS 5,532 ‐ ‐ (5,532) ‐ N/A
CHANGE IN FUND BALANCE 2,439,225 (5,593,386) 2,930,925 491,700 8,524,311 N/A
BEGINNING FUND BALANCE, Jan 1 16,356,030 18,377,556 18,377,556 2,021,526 ‐ 100.00%
ENDING FUND BALANCE, Sep 30 18,795,255$ 12,784,170$ 21,308,481$ 2,513,226$ 8,524,311$ 166.68%
SURFACE WATER UTILITY
VARIANCE
Quarterly Financial Report City of Renton, Washington 3rd Quarter 2020
Page 35 of 43
Surface Water Utility Fund (continued)
Capital Outlay ‐ A listing of project budgets and balances at September 30 is provided below:
PROJECT BUDGET ACTUAL BALANCE
COMP S&SW MGMT PLAN P&D 172,034$ 123,577$ 48,457$
SM DRAINAGE PROBLEMS 683,923 86,874 597,049
PANTHER CR WL MOSQUITO ABATEMENT 89,767 79,597 10,170
MADSEN CREEK SEDIMENT BASIN 83,738 73,038 10,700
SMALL DRAINAGE PROJ-MAPLEWOOD SEDIMENT 111,314 87,597 23,717
WETLAND MITIGATION BANK 160,345 30,083 130,262
ACOE 205 PROJECT 61,693 2,956 58,737
CEDAR RIVER GRAVEL REMOVAL 2,902,163 131,052 2,771,111
RENTON STORM WATER MANUAL 75,815 6,732 69,083
GREEN RIVER ECOSYSTEM STUDY 48,336 159 48,177
MISCELLANEOUS/EMERGENCY/STORM PROJECTS 100,000 - 100,000
SURFACE WATER UTILITY GIS 125,382 80,682 44,700
HARDIE AVE S UNDERPASS STORM SYSTEM IMPR 2,391 - 2,391
MONROE AVE/N 2ND ST 378,837 193,119 185,718
STORMWATER FACILITY FENCING PROJECT 265,101 2,901 262,200
CEDAR RIVER 205 LEVEE RECERTIFICATION 4,854,386 209,927 4,644,459
SE 172ND ST/125TH AVE SE 232,561 96,206 136,355
RAINIER AVE/OAKSDALE AVE PUMP STATION UP 207,466 71,326 136,140
NE 16TH/JEFFERSON AVE NE 2,768,213 132,035 2,636,178
DOWNTOWN STORM SYSTEM IMPROVEMENT PROJEC 6,030,270 273,460 5,756,810
HEATHER DOWNS DETENTION POND 693,543 17,911 675,632
MADSEN CRK IMPROV PHASE 1-KCFCD 1,033,096 118,307 914,789
RAINIER AVE/BENSON RD S - CULVERT REPL 200,610 28,289 172,321
CMP STORM SYSTEM REPLACEMENT PROJECT 539,934 20,397 519,537
CEDAR RIVER FLOOD RISK REDUCTION 499,658 4,271 495,387
STORMWATER FACILITY RETROFIT STUDY 300,000 3,356 296,644
BURNETT AVE S/WILLIAMS AVE S 467,629 7,973 459,656
DISASTER RESP CEDAR RIVER GRAVEL REMOVAL - 1,183 (1,183)
WSDOT LA ROW RUNOFF IMPACT MITIGATION 96,200 3,754 92,446
TOTAL PROJECT BALANCES 23,184,405$ 1,886,762$ 21,297,643$
Non-capital items included in project budgets (2,902,163) (643,794) (2,258,369)
Operating fund equipment purchase 28,560 - 28,560
TOTAL CAPITAL OUTLAY 20,310,802$ 1,242,968$ 19,067,834$
SURFACE WATER UTILITY PROJECT BALANCES AT SEPTEMBER 30, 2020
Quarterly Financial Report City of Renton, Washington 3rd Quarter 2020
Page 36 of 43
Metro Fund
This fund accounts for revenues and expenses for operation of the City’s wastewater utility, as it relates to charges for and
payment to King County Metro for water treatment services.
Charges for services – Metro charges decreased from the prior year due to COVID‐19. Utility revenues are recognized when
received for budgetary purposes. While consumption changes between commercial and residential properties have resulted
in a net decrease in amounts billed through September 30 of $339K, receipts associated with these billings have decreased
$460K over the same period in 2019. A moratorium on disconnections for non‐payment has been in effect since March and
was recently extended into spring 2021.
Contracted Services – The increase in contracted services over the prior year is due to a payment made in June for just over
$1M which was the result of an audit by King County Metro which determined the City had underpaid for water treatment
services from 2014‐2019.
Capital Outlay ‐ The Metro Fund does not have a capital fund.
2019 2020 2020 YTD
YTD ACTUAL ANNUAL BUDGET YTD ACTUAL PRIOR YEAR BUDGET % BUDGET
REVENUES:
Charges for services 12,992,972$ 17,007,226$ 12,532,990$ (459,982)$ (4,474,236)$ 73.69%
Interest and other misc 61,852 ‐ 39,896 (21,956) 39,896 N/A
TOTAL REVENUES 13,054,824 17,007,226 12,572,886 (481,938) (4,434,340) 73.93%
EXPENSES:
Contracted Services 12,674,889 17,007,226 13,784,380 (1,109,491) 3,222,846 81.05%
TOTAL OPERATING EXPENSES 12,674,889 17,007,226 13,784,380 (1,109,491) 3,222,846 81.05%
AMOUNT AVAILABLE FOR DEBT SERVICE,
CAPITAL, AND TRANSFERS 379,935 ‐ (1,211,494) (1,591,429) (1,211,494) N/A
TOTAL DEBT SERVICE ‐ ‐ ‐ ‐ ‐ N/A
CAPITAL OUTLAY ‐ ‐ ‐ ‐ ‐ N/A
NET TRANSFERS ‐ ‐ ‐ ‐ ‐ N/A
CHANGE IN FUND BALANCE 379,935 ‐ (1,211,494) (1,591,429) (1,211,494) N/A
BEGINNING FUND BALANCE, Jan 1 5,512,418 5,961,906 5,961,906 449,488 ‐ 100.00%
ENDING FUND BALANCE, Sep 30 5,892,353$ 5,961,906$ 4,750,412$ (1,141,941)$ (1,211,494)$ 79.68%
METRO
VARIANCE
Quarterly Financial Report City of Renton, Washington 3rd Quarter 2020
Page 37 of 43
INTERNAL SERVICE FUNDS
Internal service funds are used to account for the goods and services furnished by one City department to other City
departments on a cost reimbursement basis. YTD budgets are not prepared for Internal Service Funds.
Equipment Rental Fund
This fund accounts for revenues and expenses for administration, purchase, and maintenance of the City’s vehicle and
equipment Fleet services. Departments pay in monthly amounts for maintenance and operations. Replacement reserves are
paid monthly over the estimated useful lives of each individual vehicle or piece of equipment. These reverses are accumulated
in fund balance so that they are available to fund the replacement of the vehicle/equipment when the time comes.
Interdepartmental services – Decreased internal service fund charges are a result of 9 months’ replacement reserve
payments being waived in response to COVID‐19. All vehicle/equipment purchases and replacements are being postponed
one year.
Supplies – Decreased supplies expenses are due to prior year purchases of computer and radio equipment purchases to outfit
new Police take‐home vehicles which are not recurring in the current year.
Capital Outlay – Decreased capital outlay expenses are due to COVID‐19.
2019 2020 2020 YTD
YTD ACTUAL ANNUAL BUDGET YTD ACTUAL PRIOR YEAR BUDGET % BUDGET
REVENUES:
Charges for services 57,639$ ‐$ 25,350$ (32,289)$ 25,350$ N/A
Interdepartmental services 3,784,549 3,587,714 2,730,925 (1,053,624) (856,789) 76.12%
Interest and other misc 126,999 12,000 45,563 (81,436) 33,563 379.69%
TOTAL REVENUES 3,969,187 3,599,714 2,801,838 (1,167,349) (797,876) 77.84%
EXPENSES:
Personnel 831,450 1,089,183 798,378 33,072 290,805 73.30%
Supplies 1,041,477 1,496,153 737,840 303,637 758,313 49.32%
Contracted Services 232,284 133,166 179,479 52,805 (46,313) 134.78%
Internal Services 22,112 32,697 24,523 (2,411) 8,174 75.00%
TOTAL OPERATING EXPENSES 2,127,323 2,751,199 1,740,220 387,103 1,010,979 63.25%
AMOUNT AVAILABLE FOR DEBT SERVICE,
CAPITAL, AND TRANSFERS 1,841,864 848,515 1,061,618 (780,246) 213,103 125.11%
TOTAL DEBT SERVICE ‐ ‐ ‐ ‐ ‐ N/A
CAPITAL OUTLAY 2,722,425 2,064,000 1,152,126 1,570,299 911,874 55.82%
NET TRANSFERS ‐ ‐ ‐ ‐ ‐ N/A
CHANGE IN FUND BALANCE (880,561) (1,215,485) (90,508) 790,053 1,124,977 N/A
BEGINNING FUND BALANCE, Jan 1 6,493,018 6,851,811 6,851,811 358,793 ‐ 100.00%
ENDING FUND BALANCE, Sep 30 5,612,457$ 5,636,326$ 6,761,303$ 1,148,846$ 1,124,977$ 119.96%
VARIANCE
Quarterly Financial Report City of Renton, Washington 3rd Quarter 2020
Page 38 of 43
Insurance Fund
This fund accounts for the administration and operation of the City’s self‐insurance programs for property losses, liability,
workers’ compensation, and unemployment compensation. Expenses are paid by the Insurance Fund and rates are charged
to departments based on their claims history over the preceding five years and coverage requirements.
Interest and other misc ‐ Interest revenues have decreased from the prior year due to lower interest rates. Interest revenues
have exceeded the annual budget as these revenues are budgeted conservatively in anticipation of market volatility.
Contracted Services ‐ The increase in contracted services expenses over the prior year are due to Liability claims paid.
Transfers Out –The remaining reserve originally intended to be transferred to the General Fund over a five year period to
offset the loss of revenue from the State for the Benson Hill Annexation was transferred to the General Fund in July to offset
revenue losses due to COVID‐19.
2019 2020 2020 YTD
YTD ACTUAL ANNUAL BUDGET YTD ACTUAL PRIOR YEAR BUDGET % BUDGET
REVENUES:
Interdepartmental services 2,379,470$ 3,174,506$ 2,326,432$ (53,038)$ (848,074)$ 73.28%
Interest and other misc 315,995 197,000 176,290 (139,705) (20,710) 89.49%
TOTAL REVENUES 2,695,465 3,371,506 2,502,722 (192,743) (868,784) 74.23%
EXPENSES:
Personnel 623,512 1,484,232 670,218 (46,706) 814,014 45.16%
Supplies ‐ 4,000 401 (401) 3,599 10.03%
Contracted Services 1,225,241 1,841,646 1,691,105 (465,864) 150,541 91.83%
TOTAL OPERATING EXPENSES 1,848,753 3,329,878 2,361,724 (512,971) 968,154 70.93%
AMOUNT AVAILABLE FOR DEBT SERVICE,
CAPITAL, AND TRANSFERS 846,712 41,628 140,998 (705,714) 99,370 338.71%
TOTAL DEBT SERVICE ‐ ‐ ‐ ‐ ‐ N/A
CAPITAL OUTLAY ‐ ‐ ‐ ‐ ‐ N/A
TRANSFERS OUT ‐ 4,500,000 4,500,000 (4,500,000) ‐ 100.00%
NET TRANSFERS ‐ (4,500,000) (4,500,000) (4,500,000) ‐ N/A
CHANGE IN FUND BALANCE 846,712 (4,458,372) (4,359,002) (5,205,714) 99,370 N/A
BEGINNING FUND BALANCE, Jan 1 18,522,154 19,095,508 19,095,508 573,354 ‐ 100.00%
ENDING FUND BALANCE, Sep 30 19,368,866$ 14,637,136$ 14,736,506$ (4,632,360)$ 99,370$ 100.68%
INSURANCE
VARIANCE
Quarterly Financial Report City of Renton, Washington 3rd Quarter 2020
Page 39 of 43
Information Technology Fund
This fund accounts for the administration, purchase, and operation of the City’s information technology systems, including
computer hardware and software, network servers and infrastructure, phone systems, and cell phones. Expenses are paid by
the Information Technology Fund and rates are charged to departments based on use.
Interdepartmental services ‐ Increased interdepartmental services revenue over the prior year is due to increased costs in
personnel and contracted services being charged back to the departments.
Personnel ‐ Increased personnel charges over the prior year are the result of COLAs and allocating ½ of the Administrative
Services Administrator payroll costs to the IT division beginning in January 2020.
Supplies – Decreased supply charges over the prior year are the result of decreased minor equipment replacements due to
COVID‐19.
Contracted Services ‐ Increased contracted services expenses over the prior year are the result of increased service contract
costs primarily associated with added cameras and computers in police take‐home vehicles.
2019 2020 2020 YTD
YTD ACTUAL ANNUAL BUDGET YTD ACTUAL PRIOR YEAR BUDGET % BUDGET
REVENUES:
Licenses and permits 253,545$ 150,000$ 187,471$ (66,074)$ 37,471$ 124.98%
Interdepartmental services 3,724,303 5,343,238 4,030,021 305,718 (1,313,217) 75.42%
Interest and other misc 40,808 7,000 31,613 (9,195) 24,613 451.61%
TOTAL REVENUES 4,033,370 5,500,238 4,249,105 215,735 (1,251,133) 77.25%
EXPENSES:
Personnel 2,057,212 3,165,906 2,168,041 (110,829) 997,865 68.48%
Supplies 422,271 983,155 286,595 135,676 696,560 29.15%
Contracted Services 1,308,489 2,416,051 1,492,963 (184,474) 923,088 61.79%
Internal Services 1,165 1,804 1,353 (188) 451 75.00%
TOTAL OPERATING EXPENSES 3,789,137 6,566,916 3,948,952 (159,815) 2,617,964 60.13%
AMOUNT AVAILABLE FOR DEBT SERVICE,
CAPITAL, AND TRANSFERS 244,233 (1,066,678) 300,153 55,920 1,366,831 N/A
TOTAL DEBT SERVICE ‐ ‐ ‐ ‐ ‐ N/A
CAPITAL OUTLAY 211,979 1,068,500 41,144 170,835 1,027,356 3.85%
TRANSFERS IN 47,627 9,630 15,392 (32,235) 5,762 159.83%
NET TRANSFERS 47,627 9,630 15,392 (32,235) 5,762 159.83%
CHANGE IN FUND BALANCE 79,881 (2,125,548) 274,401 194,520 2,399,949 N/A
BEGINNING FUND BALANCE, Jan 1 3,934,408 4,490,062 4,490,062 555,654 ‐ 100.00%
ENDING FUND BALANCE, Sep 30 4,014,289$ 2,364,514$ 4,764,463$ 750,174$ 2,399,949$ 201.50%
INFORMATION TECHNOLOGY
VARIANCE
Quarterly Financial Report City of Renton, Washington 3rd Quarter 2020
Page 40 of 43
Facilities Fund
This fund accounts for the administration, maintenance, and operation of City‐owned facilities. Expenses are paid by the
Facilities Fund and rates are charged to departments based on square footage.
Interdepartmental services ‐ The decrease in internal service fund charges is due to COVID‐19. Excess fund balance is being
utilized and planned preventative maintenance is being delayed to reduce the burden on departments paying into the
Facilities Fund.
Contracted Services – The decrease in contracted services costs from the prior year is due to COVID‐19. This decrease is a
combination of decreased utility charges resulting from the Governor’s stay‐at‐home order and decreased
repair/maintenance costs as planned preventative maintenance has been delayed.
2019 2020 2020 YTD
YTD ACTUAL ANNUAL BUDGET YTD ACTUAL PRIOR YEAR BUDGET % BUDGET
REVENUES:
Grants / intergovernmental ‐$ ‐$ 21,835$ 21,835$ 21,835$ N/A
Interdepartmental services 3,318,272 4,306,771 3,112,332 (205,940) (1,194,439) 72.27%
Rents, leases, and misc fees 1 ‐ 1 ‐ 1 N/A
Interest and other misc 12,659 4,000 8,266 (4,393) 4,266 206.65%
TOTAL REVENUES 3,347,954 4,310,771 3,142,434 (205,520) (1,168,337) 72.90%
EXPENSES:
Personnel 2,113,765 3,167,309 2,184,104 (70,339) 983,205 68.96%
Supplies 285,907 339,168 321,244 (35,337) 17,924 94.72%
Contracted Services 1,305,094 1,505,634 992,663 312,431 512,971 65.93%
Internal Services 50,153 67,450 51,365 (1,212) 16,085 76.15%
TOTAL OPERATING EXPENSES 3,754,919 5,079,561 3,549,376 205,543 1,530,185 69.88%
AMOUNT AVAILABLE FOR DEBT SERVICE,
CAPITAL, AND TRANSFERS (406,965) (768,790) (406,942) 23 361,848 N/A
TOTAL DEBT SERVICE ‐ ‐ ‐ ‐ ‐ N/A
CAPITAL OUTLAY 10,901 ‐ 5,704 5,197 (5,704) N/A
TRANSFERS IN 12,389 2,880 8,596 (3,793) 5,716 298.47%
TRANSFERS OUT 5,220 ‐ ‐ 5,220 ‐ N/A
NET TRANSFERS 7,169 2,880 8,596 1,427 5,716 298.47%
CHANGE IN FUND BALANCE (410,697) (765,910) (404,050) 6,647 361,860 N/A
BEGINNING FUND BALANCE, Jan 1 1,376,859 1,220,276 1,220,276 (156,583) ‐ 100.00%
ENDING FUND BALANCE, Sep 30 966,162$ 454,366$ 816,226$ (149,936)$ 361,860$ 179.64%
FACILITIES
VARIANCE
Quarterly Financial Report City of Renton, Washington 3rd Quarter 2020
Page 41 of 43
Communications Fund
This fund accounts for community and intergovernmental relations and communications with the public. Communications is
a major activity of the City’s administration responsible for external communications, employee communications, media
relations, and coordination of all departments in producing the City’s website. Expenses are paid by the Communications
Fund and rates are charged to departments based on usage.
Interdepartmental services – The decrease in internal service fund charges is due to COVID‐19. Excess fund balance is being
utilized to reduce the burden on departments paying into the Communications Fund.
Personnel – Increased personnel costs over the prior year are due to COLA’s, step increases, and the addition of the limited‐
term census program manager in 2020.
2019 2020 2020 YTD
YTD ACTUAL ANNUAL BUDGET YTD ACTUAL PRIOR YEAR BUDGET % BUDGET
REVENUES:
Grants / intergovernmental ‐$ 86,050$ 49,690$ 49,690$ (36,360)$ 57.75%
Interdepartmental services 828,600 1,069,076 374,560 (454,040) (694,516) 35.04%
Interest and other misc 7,449 22,000 4,870 (2,579) (17,130) 22.14%
TOTAL REVENUES 836,049 1,177,126 429,120 (406,929) (748,006) 36.45%
EXPENSES:
Personnel 529,778 851,567 633,054 (103,276) 218,513 74.34%
Supplies 25,301 71,350 21,971 3,330 49,379 30.79%
Contracted Services 191,305 336,679 180,501 10,804 156,178 53.61%
Internal Services 2,226 3,941 2,956 (730) 985 75.01%
TOTAL OPERATING EXPENSES 748,610 1,263,537 838,482 (89,872) 425,055 66.36%
AMOUNT AVAILABLE FOR DEBT SERVICE,
CAPITAL, AND TRANSFERS 87,439 (86,411) (409,362) (496,801) (322,951) N/A
TOTAL DEBT SERVICE ‐ ‐ ‐ ‐ ‐ N/A
CAPITAL OUTLAY ‐ ‐ ‐ ‐ ‐ N/A
TRANSFERS OUT ‐ ‐ 4,229 (4,229) (4,229) N/A
NET TRANSFERS ‐ ‐ (4,229) (4,229) (4,229) N/A
CHANGE IN FUND BALANCE 87,439 (86,411) (413,591) (501,030) (327,180) N/A
BEGINNING FUND BALANCE, Jan 1 685,593 803,561 803,561 117,968 ‐ 100.00%
ENDING FUND BALANCE, Sep 30 773,032$ 717,150$ 389,970$ (383,062)$ (327,180)$ 54.38%
COMMUNICATIONS
VARIANCE
Quarterly Financial Report City of Renton, Washington 3rd Quarter 2020
Page 42 of 43
Health Insurance Fund
This fund accounts for the City’s self‐insured health insurance program. Expenses/claims are paid by the Health Insurance
Fund and rates are charged to employees and departments based on annual premiums determined by the City’s Employee
Health Plan Board for each type of coverage elected by the employee; paid semi‐monthly in conjunction with each payroll.
Premiums ‐ Premiums increased over the prior year due to 1) increased rates and 2) additional FTEs.
2019 2020 2020 YTD
YTD ACTUAL ANNUAL BUDGET YTD ACTUAL PRIOR YEAR BUDGET % BUDGET
REVENUES:
Premiums 8,366,499$ 12,603,106$ 8,611,547$ 245,048$ (3,991,559)$ 68.33%
Interest and other misc 51,585 46,588 122,894 71,309 76,306 263.79%
TOTAL REVENUES 8,418,084 12,649,694 8,734,441 316,357 (3,915,253) 69.05%
EXPENSES:
Personnel 7,018,113 12,011,435 6,992,371 25,742 5,019,064 58.21%
Supplies 10,708 7,500 6,881 3,827 619 91.75%
Contracted Services 296,831 420,540 381,304 (84,473) 39,236 90.67%
Internal Services 43,547 60,430 45,322 (1,775) 15,108 75.00%
TOTAL OPERATING EXPENSES 7,369,199 12,499,905 7,425,878 (56,679) 5,074,027 59.41%
AMOUNT AVAILABLE FOR DEBT SERVICE,
CAPITAL, AND TRANSFERS 1,048,885 149,789 1,308,563 259,678 1,158,774 873.60%
TOTAL DEBT SERVICE ‐ ‐ ‐ ‐ ‐ N/A
CAPITAL OUTLAY ‐ ‐ ‐ ‐ ‐ N/A
NET TRANSFERS ‐ ‐ ‐ ‐ ‐ N/A
CHANGE IN FUND BALANCE 1,048,885 149,789 1,308,563 259,678 1,158,774 873.60%
BEGINNING FUND BALANCE, Jan 1 4,259,511 5,151,648 5,151,648 892,137 ‐ 100.00%
ENDING FUND BALANCE, Sep 30 5,308,396$ 5,301,437$ 6,460,211$ 1,151,815$ 1,158,774$ 121.86%
HEALTH INSURANCE
VARIANCE
Quarterly Financial Report City of Renton, Washington 3rd Quarter 2020
Page 43 of 43
Retiree Healthcare Fund
This fund accounts for the City’s self‐insured health insurance program for LEOFF1 retirees. Benefits include medical,
prescription drug, Medicare Part B premiums, long‐term care, and vision coverage for retired law enforcement officers and
firefighters that were employed by the City prior to October 1, 1977. Dependent spouses and children are not covered. 100%
of premiums are provided by the General Fund with annual contributions determined by recommendation of the City’s
Employee Health Plan Board after review of a report prepared by Healthcare Actuaries.
Premiums – The decrease in premiums is the result of COVID‐19. Funding of the retiree healthcare fund reserves was reduced
to decrease the burden on the General Fund in response to decreased revenues.
Personnel ‐ The increase in personnel expenses over the prior year is due to an increase in prescription costs and payments
for long‐term care, a benefit not previously being utilized.
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 Misty Baker at mbaker@rentonwa.gov or Jan Hawn at jhawn@rentonwa.gov.
2019 2020 2020 YTD
YTD ACTUAL ANNUAL BUDGET YTD ACTUAL PRIOR YEAR BUDGET % BUDGET
REVENUES:
Grants / intergovernmental 35,898$ 45,014$ 35,245$ (653)$ (9,769)$ 78.30%
Premiums 1,968,512 131,989 1,218,513 (749,999) 1,086,524 923.19%
Interest and other misc 147,216 67,459 104,196 (43,020) 36,737 154.46%
TOTAL REVENUES 2,151,626 244,462 1,357,954 (793,672) 1,113,492 555.49%
EXPENSES:
Personnel 656,049 1,209,429 801,415 (145,366) 408,014 66.26%
Contracted Services 32,219 38,814 35,925 (3,706) 2,889 92.56%
TOTAL OPERATING EXPENSES 688,268 1,248,243 837,340 (149,072) 410,903 67.08%
AMOUNT AVAILABLE FOR DEBT SERVICE,
CAPITAL, AND TRANSFERS 1,463,358 (1,003,781) 520,614 (942,744) 1,524,395 N/A
TOTAL DEBT SERVICE ‐ ‐ ‐ ‐ ‐ N/A
CAPITAL OUTLAY ‐ ‐ ‐ ‐ ‐ N/A
NET TRANSFERS ‐ ‐ ‐ ‐ ‐ N/A
CHANGE IN FUND BALANCE 1,463,358 (1,003,781) 520,614 (942,744) 1,524,395 N/A
BEGINNING FUND BALANCE, Jan 1 13,876,628 15,799,729 15,799,729 1,923,101 ‐ 100.00%
ENDING FUND BALANCE, Sep 30 15,339,986$ 14,795,948$ 16,320,343$ 980,357$ 1,524,395$ 110.30%
RETIREE HEALTHCARE
VARIANCE