HomeMy WebLinkAboutQUARTER 2 2021
Finance Department
Memorandum
DATE: August 9, 2021
TO: Randy Corman, Council President
Members of Renton City Council
CC: Armondo Pavone, Mayor
Ed VanValey, Chief Administrative Officer
FROM: Kari Roller, Finance Administrator
STAFF CONTACT: Misty Baker, Sr. Finance Analyst
SUBJECT: Quarterly Financial Report 2nd Quarter 2021
The attached report provides a detailed discussion of General Fund revenues and
expenditures with comparison to prior year and budget through the end of June 2021.
General Fund revenues, excluding interfund transfers, were $60.5M, which is $8.7M
higher than 2020, and $6.9M higher than the year‐to‐date (YTD) budget.
General Fund expenditures, excluding interfund transfers, were $49M, which is $1M
more than 2020 and $5.9M less than the YTD budget.
Detailed explanations are provided for General Fund revenue and expenditure 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 June 30, 2021.
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 reflect amounts authorized in ORD 6021, which includes the 2nd quarter budget adjustment approved
July 19, 2021.
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 39,938,916$ 80,869,450$ 42,196,183$ 47,030,740$ 7,091,824$ 4,834,557$ 58.16%
Licenses & Permits 2,730,287 4,776,877 2,553,452 3,090,889 360,602 537,437 64.71%
Intergovernmental 2,011,473 6,819,265 1,992,254 2,912,922 901,449 920,668 42.72%
Charges for Services 3,922,097 8,172,266 4,022,201 4,458,650 536,553 436,449 54.56%
Fines and Penalties 1,734,081 3,829,782 1,904,692 2,240,858 506,777 336,166 58.51%
Miscellaneous 1,488,256 1,866,685 966,533 720,826 (767,430) (245,707) 38.62%
Other Financing Sources (Transfer‐In, etc) 8,832,084 94,575 ‐ 79,877 (8,752,207) 79,877 84.46%
TOTAL REVENUES 60,657,194 106,428,900 53,635,315 60,534,762 (122,432) 6,899,447 56.88%
EXPENDITURES
Council 211,027 554,485 302,821 263,832 (52,805) 38,989 47.58%
Executive 1,301,766 2,947,427 1,439,102 1,308,638 (6,872) 130,464 44.40%
Emergency Management 535,049 781,615 377,028 312,927 222,122 64,101 40.04%
City Attorney 1,156,877 2,611,347 1,300,976 1,221,531 (64,654) 79,445 46.78%
Court Services 1,275,518 3,102,930 1,551,291 1,346,899 (71,381) 204,392 43.41%
Community and Economic Development 5,053,924 13,174,098 5,930,730 6,365,243 (1,311,319) (434,513) 48.32%
Finance 1,478,947 4,158,944 1,781,342 1,656,367 (177,420) 124,975 39.83%
City Clerk 710,320 1,528,840 875,088 794,165 (83,845) 80,923 51.95%
Human Resources 724,979 1,662,207 815,022 732,298 (7,319) 82,724 44.06%
Police 21,117,028 43,239,054 21,416,296 20,169,610 947,418 1,246,686 46.65%
Community Services 7,200,575 19,174,012 9,074,399 6,935,910 264,665 2,138,489 36.17%
Public Works 6,126,162 13,749,916 6,868,138 6,382,448 (256,286) 485,690 46.42%
Non‐Departmental and Other 9,510,773 10,883,880 4,656,634 3,044,148 6,466,625 1,612,486 27.97%
TOTAL EXPENDITURES 56,402,945 117,568,755 56,388,867 50,534,016 5,513,407 5,854,851 42.98%
Change in Fund Balance 4,254,249 (11,139,855) (2,753,552) 10,000,746 5,746,497 12,754,298 N/A
Beginning Fund Balance 48,155,847 54,456,582 54,456,582 54,456,582 6,300,735 ‐ 100.00%
ENDING FUND BALANCE 52,410,096$ 43,316,727$ 51,703,030$ 64,457,328$ 12,047,232$ 12,754,298$ 148.80%
Operating Reserve 13,994,674 11,905,500 11,905,500 11,905,500
Economic Development Reserve 2,500,000 2,500,000 2,500,000 2,500,000
AVAILABLE FUND BALANCE 35,915,422$ 28,911,227$ 37,297,530$ 50,051,828$
Favorable (Unfavorable)
2020 2021 Variance
YTD Actual Annual Budget YTD Budget YTD Actual
Summary of Sources and Uses
Quarterly Financial Report 2nd Quarter 2021
Quarterly Financial Report City of Renton, Washington 2nd Quarter 2021
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 variances are shown in
a favourable/(unfavourable) format.
TAXES
Property Tax – Property tax collections by King County have exceeded prior year and YTD budget. $195K of property taxes
collected through June 30 were for prior years’ delinquent taxes, bringing the balance of delinquent taxes receivable to $98K.
The remainder of taxes collected were for the 2021 levy. The 2021 property tax levy, after levy changes by the assessor’s
office, totalled $22,794,007. The taxes receivable balance for the 2021 levy is $10.9M at June 30.
Local Retail Sales Tax – COVID‐19 will continue to influence the sales tax figures throughout 2021. Some industries such as
construction and manufacturing have not caught up to pre‐pandemic performance, but we should see them improving as
more projects and business activities resume. Some industries such as general retail, services, and automotive/gas have
recovered from the pandemic and exceeded both 2020 and 2019 sales.
Local Retail Sales Tax – Housing & Related Services – In accordance with HB 1590, the City Council passed ORD 5983
authorizing an additional 0.1% sales and use tax, effective January 1, 2021. The additional sales tax was not authorized at the
time the 2021‐2022 budget was prepared. Anticipated revenues are expected to be included mid‐biennial budget adjustment.
The additional sales and use tax is restricted for housing and related services, in accordance with RCW 82.14.530. An
interdepartmental team is currently working on compiling a list of qualifying projects and will present their recommendations
to Council for approval.
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.
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 December 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 on‐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 capita basis.
The increase in criminal justice sales tax directly relates to the increase in local retail sales tax, as described above.
2020 2021 2021
Actual Budget Actual $ % $ %
Property Tax 11,346,387 11,820,796 11,973,989 627,602 5.5% 153,193 1.3%
Local Retail Sales Tax 12,684,477 13,107,221 15,313,928 2,629,451 20.7% 2,206,707 16.8%
Local Retail Sales Tax ‐ Housing & Related Svc ‐ ‐ 1,144,141 1,144,141 100.0% 1,144,141 100.0%
State Sales Tax Credit 746,377 101,115 141,437 (604,940) ‐81.1%40,322 39.9%
Criminal Justice Sales Tax 1,444,570 1,423,556 1,610,496 165,926 11.5% 186,940 13.1%
Natural Gas Use Tax 82,218 152,058 77,534 (4,684) ‐5.7% (74,524) ‐49.0%
Admission Tax 83,775 91,667 1,232 (82,543) ‐98.5% (90,435) ‐98.7%
Utility Tax 7,935,376 7,811,939 7,783,912 (151,464) ‐1.9% (28,027) ‐0.4%
Leasehold Excise Tax 61,729 52,532 85,706 23,977 38.8% 33,174 63.2%
Gambling Excise Tax 1,340,441 1,203,733 1,699,670 359,229 26.8% 495,937 41.2%
B&O Tax 4,213,566 6,431,567 7,198,695 2,985,129 70.8% 767,128 11.9%
YTD Total 39,938,916$ 42,196,183$ 47,030,740$ 7,091,824$ 17.8% 4,834,557$ 11.5%
Annual Total 78,953,070$ 80,869,450$
Taxes by Type
Revenue
2021 vs. 2020 2021 vs. Budget
Year to Date through June
Quarterly Financial Report City of Renton, Washington 2nd Quarter 2021
Page 3 of 43
Utility Tax – The amount of utility tax over budget is due to a combination of factors. Some taxes are under budget while
others have exceeded budget. The breakdown of Utility Tax is as follows:
Gambling Excise Tax – Gambling excise taxes are $359K higher than 2020 and $496K higher than budget. These revenues
have almost recovered to pre‐pandemic levels and are just $216K less than the same period in 2019.
Business and Occupation (B&O) Tax – B&O tax revenues rely heavily on the revenue of a limited number of large businesses.
Payments received in the 1st quarter of each year are generally for activity in the 4th quarter of the prior year. $1.3M of the
$3M over the 2020 revenue is due to one taxpayer who had a 4th quarter amount due for the first time as they had reached
the B&O tax “cap” in prior years. The rest of the increase is due to various businesses.
LICENSES & PERMITS
Franchise Fees – Franchise permits grant authority to a provider to use the City’s right‐of‐way to provide or distribute its
services. Franchises are most commonly used to provide utility or telecommunications service. The amount of franchise fees
over the prior year and over budget are the result of increased permitting activity.
Business Licenses – The amount of business license revenue budget over budget is due to better than expected economic
recovery. The business license revenue budget was adjusted down at the start of the pandemic and has remained low as it
was unknown how quickly the economy would recover and how many businesses would be able to survive the COVID
restrictions placed on businesses. The revenue budget will be adjusted to updated estimates with the mid‐biennial budget
adjustment.
Building Permits – Building permit revenues increased from the prior year due primarily to the following: 1) $60K of tech fees
previously paid into the IT internal service fund have been allocated to the General Fund to offset online permitting credit
card fees; 2) electrical permits issued increased by 331, resulting in a $113K increase in permit revenues; 3) mechanical
permits issued increased by 401, resulting in a $19K increase in permit revenues; 4) $46K in new small cell permits were
issued; and 5) commercial and residential building permits decreased by 57 resulting in a $36K decrease in permit revenues.
Building permit revenues are over budget primarily due to the following: 1) electrical and mechanical permit revenues are
higher than anticipated; and 2) small cell permit revenues were not budgeted as 2021 is the first year collecting these
revenues.
2020 2021 2021
Tax by Type YTD Actual YTD Budget YTD Actual $ % $ %
Electrical 2,567,012$ 2,546,177$ 2,566,707$ (305)$ 0.0% $ 20,530 0.8%
Natural Gas 1,001,836 794,556 960,658 (41,178) ‐4.1% 166,102 20.9%
Cell 439,820 318,375 274,458 (165,362) ‐37.6% (43,917)‐13.8%
Phone 312,502 409,757 353,359 40,857 13.1% (56,398)‐13.8%
Cable 609,389 652,611 594,479 (14,910) ‐2.5% (58,132)‐8.9%
Garbage 592,172 409,992 398,945 (193,227) ‐32.6% (11,047)‐2.7%
City Utilities 2,412,645 2,680,471 2,635,306 222,661 9.2% (45,165)‐1.7%
YTD Total 7,935,376$ 7,811,939$ 7,783,912$ (151,464)$ ‐1.9%(28,027)$ ‐0.4%
2021 vs. 2020 2021 vs. Budget
2020 2021 2021
Actual Budget Actual $ % $ %
Franchise Fees 732,385 609,507 803,215 70,831 9.7% 193,709 31.8%
Business Licenses 720,157 689,205 807,884 87,727 12.2% 118,679 17.2%
Animal Licenses 38,330 49,723 36,330 (2,000) ‐5.2% (13,393) ‐26.9%
Building Permits 1,221,835 1,181,084 1,419,705 197,870 16.2% 238,620 20.2%
ROW/Street Excavation Permits 17,360 23,807 23,670 6,310 36.3%(137) ‐0.6%
Special Event Permits 220 127 85 (135) ‐61.4% (42) ‐32.9%
YTD Total 2,730,287$ 2,553,452$ 3,090,889$ 360,602$ 13.2% 537,437$ 21.0%
Annual Total 5,199,555$ 4,776,877$
Licenses & Permits by Type
Year to Date through June
Revenue
2021 vs. 2020 2021 vs. Budget
Quarterly Financial Report City of Renton, Washington 2nd Quarter 2021
Page 4 of 43
INTERGOVERNMENTAL
State Shared Revenue – 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.
2020 2021 2021
Actual Budget Actual $ % $ %
State Shared Revenue 1,982,220$ 1,724,519$ 1,904,233$ (77,987)$ ‐3.9%179,714$ 10.4%
Federal Grants 3,284 20,572 725,698 722,414 21998.0% 705,126 3427.6%
State Grants 100 15,394 12,705 12,605 12605.0%(2,689) ‐17.5%
Local Grants 25,869 231,769 270,286 244,417 944.8% 38,517 16.6%
YTD Total 2,011,473$ 1,992,254$ 2,912,922$ 901,449$ 44.8% 920,668$ 46.2%
Annual Total 9,387,084$ 6,819,265$
Intergovernmental by Type
Revenue
2021 vs. 2020 2021 vs. Budget
Year to Date through June
2020 2021 2021
Tax by Type YTD Actual YTD Budget YTD Actual $ % $ %
Judicial Contribution 21,536$ 10,322$ 21,529$ (7)$ 0.0%11,207$ 108.6%
Crim Just ‐ High Crime 140,366 ‐ ‐ (140,366) ‐100.0%‐ N/A
Crim Just ‐ Pop 15,878 11,996 16,785 907 5.7% 4,789 39.9%
Crim Just ‐ Spec Prog 56,993 55,115 59,916 2,923 5.1% 4,801 8.7%
State DUI 6,871 8,764 8,283 1,412 20.6%(481) ‐5.5%
Marijuana Distribution 103,655 100,654 99,682 (3,973) ‐3.8% (972) ‐1.0%
Liquor Profits 420,397 424,991 416,882 (3,515) ‐0.8% (8,109) ‐1.9%
Liquor Excise Tax 300,478 236,935 363,146 62,668 20.9% 126,211 53.3%
Fuel Tax 916,046 875,742 918,010 1,964 0.2% 42,268 4.8%
YTD Total 1,982,220$ 1,724,519$ 1,904,233$ (77,987)$ ‐3.9%179,714$ 10.4%
2021 vs. 2020 2021 vs. Budget
Quarterly Financial Report City of Renton, Washington 2nd Quarter 2021
Page 5 of 43
CHARGES FOR SERVICES
Public Safety Services – The increase in public safety services and the amount over budget is due to payments received for
private security services provided in the 4th quarter of 2020 and increased collections of electronic home detention fees.
Development Services – The increase in development services over the prior year is due to an increase in planning fees
($209K) and inspection services ($61K). The amount over budget is due to planning fees ($354K) offset by lower than
anticipated inspection services ($60K) and administrative fees ($20K).
Recreation/Farmer’s Market/Events – The decrease in revenues and amount under budget is related to cancelled programs,
as a result of COVID‐19.
Interfund Services – Interfund services revenues increased from the prior year and the amount over budget is due to
reimbursement of staffing costs from CIP projects.
FINES AND PENALTIES
Photo Enforcement Program – Photo enforcement revenues have increased from prior year due and are over budget due to
increased citations associated with traffic is returning to pre‐COVID‐19 levels. Traffic volumes have increased and school zone
cameras were turned back on as in‐person learning resumed in early March. The photo enforcement revenue budget will be
re‐evaluated during the mid‐biennial budget adjustment.
2020 2021 2021
Actual Budget Actual $ % $ %
Passport Fees 8,883 18,017 ‐ (8,883) 0.0%(18,017) 0.0%
Court Services 25,419 17,630 32,811 7,392 29.1% 15,181 86.1%
General Government Services 446 3,862 337 (109) ‐24.4% (3,525) ‐91.3%
Public Safety Services 462,364 417,789 638,775 176,411 38.2% 220,986 52.9%
Development Services 859,738 847,795 1,116,623 256,886 29.9% 268,828 31.7%
Transportation Services 43,079 ‐ 6,891 (36,189) ‐84.0%6,891 100.0%
Recreation/Farmer's Market/Events 189,316 356,313 85,567 (103,749) ‐54.8% (270,746) ‐76.0%
Interfund Services 2,332,852 2,360,795 2,577,647 244,794 10.5% 216,852 9.2%
YTD Total 3,922,097$ 4,022,201$ 4,458,650$ 536,553$ 13.7% 436,449$ 10.9%
Annual Total 7,514,930$ 8,172,266$
Year to Date through June
Charges for Services by Type
Revenue
2021 vs. 2020 2021 vs. Budget
2020 2021 2021
Actual Budget Actual $ % $ %
Civil Penalties 183,204$ 137,121$ 141,510$ (41,695)$ ‐22.8%4,389$ 3.2%
Photo Enforcement Program 1,421,892 1,691,549 2,006,867 584,974 41.1% 315,318 18.6%
Criminal Traffic Misdemeanor Fines 26,754 22,096 25,947 (807) ‐3.0%3,851 17.4%
Criminal Non‐Traffic Fines 11,206 9,949 3,088 (8,118) ‐72.4% (6,861) ‐69.0%
Criminal Costs 38,984 23,086 26,443 (12,540) ‐32.2%3,357 14.5%
Non‐Court Fines, Forfeitures and Penalties 52,040 20,891 37,004 (15,036) ‐28.9%16,112 77.1%
YTD Total 1,734,081$ 1,904,692$ 2,240,858$ 506,777$ 29.2% 336,166$ 17.6%
Annual Total 3,310,279$ 3,829,782$
Year to Date through June
Revenue
2021 vs. 2020 2021 vs. Budget
Fines and Penalties by Type
Quarterly Financial Report City of Renton, Washington 2nd Quarter 2021
Page 6 of 43
MISCELLANEOUS REVENUES
Interest and Other Investment Earnings – Interest earnings have decreased from the prior year primarily due to: 1) a timing
difference in the recording of interfund interest ($250K); and 2) an overall reduction in interest rates. The amount of interest
under budget is almost entirely due to the interfund interest payment not being recorded in the 1st half of 2021.
Rents, Leases, and Concessions – Rents, leases, and concessions revenues are over budget primarily due to higher than
anticipated concessions from one lessee ($118K).
Latecomer Agreement – Latecomer agreements for Sunset Lane infrastructure improvements were finalized in 2020.
Payments are due from property owners if/when various conditions are met. Conditions were met for one property owner
in 2020 and payment was received. It is not possible to estimate if/when the various conditions will be met for the other
property owners and, therefore, receipt of payments under the agreements will not be budgeted.
Other – Other miscellaneous revenues are under budget primarily due to budgeted utility late payments not received.
OTHER FINANCING SOURCES
2020 2021 2021
Actual Budget Actual $ % $ %
Interest and Other Investment Earnings 560,997$ 418,771$ 146,272$ (414,725)$ ‐73.9% (272,499)$ ‐65.1%
Rents, Leases, and Concessions 413,179 367,924 489,236 76,057 18.4% 121,312 33.0%
Contributions/Donations from Private Sources 60,426 22,168 44,203 (16,223) ‐26.8%22,035 99.4%
Latecomer Agreement 326,880 ‐ ‐ (326,880) 0.0%‐ N/A
Other 126,774 157,670 41,115 (85,659) ‐67.6% (116,555) ‐73.9%
YTD Total 1,488,256$ 966,533$ 720,826$ (767,430)$ ‐51.6% (245,707)$ ‐25.4%
Annual Total 2,138,245$ 1,866,685$
Miscellaneous by Type
Year to Date through June
Revenue
2021 vs. 2020 2021 vs. Budget
2020 2021 2021
Actual Budget Actual $ % $ %
Transfers from Other Funds 8,813,984$ ‐$ 16,679$ (8,797,305) ‐99.8%16,679 100.0%
Insurance Recoveries ‐ ‐ 23,980 23,980 100.0% 23,980 100.0%
Sale of Capital Assets 18,100 ‐ 39,218 21,118 116.7% 39,218 100.0%
YTD Total 8,832,084$ ‐$ 79,877$ (8,752,207)$ ‐99.1%79,877$ 100.0%
Annual Total 17,656,495$ 94,575$
Revenue
2021 vs. 2020 2021 vs. Budget
Year to Date through June
Other Financing Sources by Type
Quarterly Financial Report City of Renton, Washington 2nd Quarter 2021
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
EMERGENCY MANAGEMENT
Supplies – The amount of supplies under the prior year is due to COVID‐19. In 2020, supplies purchased for combating the
COVID‐19 pandemic, including PPE, cleaners, etc, were charged to the emergency management department. In 2021, these
items are charged to the department purchasing them.
CITY ATTORNEY
Council
Summary of Uses 2020
Year to Date through June YTD Actual Annual Budget YTD Budget YTD Actual $%$%
Personnel 160,571$ 421,784$ 210,892$ 228,844$ (68,273)$ ‐42.5% (17,952)$ ‐8.5%
Supplies 778 2,000 1,008 165 613 78.8% 843 83.6%
Contracted Services 18,605 63,316 57,228 1,130 17,475 93.9% 56,098 98.0%
Capital Outlay ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Debt Service ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Internal Services 31,073 67,385 33,693 33,693 (2,620) ‐8.4%‐ 0.0%
Transfers Out ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Total Expenditures 211,027$ 554,485$ 302,821$ 263,832$ (52,805)$ ‐25.0%38,989$ 12.9%
2021 vs. Budget2021 2021 vs. 2020
Executive
Summary of Uses 2020
Year to Date through June YTD Actual Annual Budget YTD Budget YTD Actual $%$%
Personnel 438,691$ 940,177$ 470,089$ 417,822$ 20,869$ 4.8% 52,267$ 11.1%
Supplies 1,319 7,100 4,411 121 1,198 90.8% 4,290 97.3%
Contracted Services 630,475 1,445,246 687,150 612,573 17,902 2.8% 74,577 10.9%
Capital Outlay ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Debt Service ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Internal Services 231,281 554,904 277,452 278,122 (46,841) ‐20.3% (670) ‐0.2%
Transfers Out ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Total Expenditures 1,301,766$ 2,947,427$ 1,439,102$ 1,308,638$ (6,872)$ ‐0.5%130,464$ 9.1%
2021 vs. Budget2021 2021 vs. 2020
Emergency Management
Summary of Uses 2020
Year to Date through June YTD Actual Annual Budget YTD Budget YTD Actual $%$%
Personnel 237,216$ 485,218$ 242,609$ 185,905$ 51,311$ 21.6% 56,704$ 23.4%
Supplies 105,794 2,775 415 ‐ 105,794 100.0% 415 100.0%
Contracted Services 84,108 41,086 7,736 754 83,354 99.1% 6,982 90.3%
Capital Outlay ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Debt Service ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Internal Services 107,237 252,536 126,268 126,268 (19,031) ‐17.7%‐ 0.0%
Transfers Out 694 ‐ ‐ ‐ 694 100.0%‐ 0.0%
Total Expenditures 535,049$ 781,615$ 377,028$ 312,927$ 222,122$ 41.5% 64,101$ 17.0%
2021 vs. Budget2021 2021 vs. 2020
City Attorney
Summary of Uses 2020
Year to Date through June YTD Actual Annual Budget YTD Budget YTD Actual $%$%
Personnel 1,043,840$ 2,350,586$ 1,175,293$ 1,109,340$ (65,500)$ ‐6.3%65,953$ 5.6%
Supplies 853 3,550 1,942 104 749 87.8% 1,838 94.6%
Contracted Services 9,463 49,450 19,860 8,206 1,257 13.3% 11,654 58.7%
Capital Outlay ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Debt Service ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Internal Services 102,721 207,761 103,881 103,881 (1,160) ‐1.1%‐ 0.0%
Transfers Out ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Total Expenditures 1,156,877$ 2,611,347$ 1,300,976$ 1,221,531$ (64,654)$ ‐5.6%79,445$ 6.1%
2021 2021 vs. Budget2021 vs. 2020
Quarterly Financial Report City of Renton, Washington 2nd Quarter 2021
Page 8 of 43
COURT SERVICES
Personnel – The amount of personnel costs under the YTD budget is due to open positions.
COMMUNITY AND ECONOMIC DEVELOPMENT ‐ ADMIN
Transfers Out – The amount of transfers under the prior year is due to a change in accounting for transfers between
consolidated funds. In prior years transfers in/out between management funds of the General Fund were shown gross.
Beginning in 2021, these transfers are now being net so that when consolidated the transfers in and transfers out between
the funds are eliminated. Only transfers between the General Fund and the other fund types will be reported. This is
consistent with the treatment of intrafund transfers for external financial reporting.
COMMUNITY AND ECONOMIC DEVELOPMENT ‐ DEVELOPMENT SERVICES
Personnel – The amount of personnel costs under the YTD budget is due to open positions.
Court Services
Summary of Uses 2020
Year to Date through June YTD Actual Annual Budget YTD Budget YTD Actual $%$%
Personnel 985,231$ 2,389,087$ 1,194,544$ 1,025,533$ (40,302)$ ‐4.1%169,011$ 14.1%
Supplies 1,044 7,700 2,380 1,016 28 2.7% 1,364 57.3%
Contracted Services 48,531 149,716 76,153 42,136 6,395 13.2% 34,017 44.7%
Capital Outlay ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Debt Service ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Internal Services 238,758 556,427 278,214 278,214 (39,456) ‐16.5%‐ 0.0%
Transfers Out 1,954 ‐ ‐ ‐ 1,954 100.0%‐ 0.0%
Total Expenditures 1,275,518$ 3,102,930$ 1,551,291$ 1,346,899$ (71,381)$ ‐5.6%204,392$ 13.2%
2021 2021 vs. Budget2021 vs. 2020
Community and Econ Dvlpmnt Admin
Summary of Uses 2020
Year to Date through June YTD Actual Annual Budget YTD Budget YTD Actual $%$%
Personnel 194,204$ 392,792$ 196,396$ 135,509$ 58,695$ 30.2% 60,887$ 31.0%
Supplies ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Contracted Services 275 ‐ ‐ 232 43 15.6%(232) 100.0%
Capital Outlay ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Debt Service ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Internal Services 559,860 1,100,917 550,459 550,459 9,401 1.7%‐ 0.0%
Transfers Out 183,860 3,130 3,130 3,130 180,730 98.3%‐ 0.0%
Total Expenditures 938,199$ 1,496,839$ 749,985$ 689,330$ 248,869$ 26.5% 60,655$ 8.1%
2021 2021 vs. Budget2021 vs. 2020
Development Services
Summary of Uses 2020
Year to Date through June YTD Actual Annual Budget YTD Budget YTD Actual $%$%
Personnel 1,179,720$ 2,661,020$ 1,330,510$ 1,086,902$ 92,818$ 7.9% 243,608$ 18.3%
Supplies 1,222 12,250 4,466 1,098 124 10.1% 3,368 75.4%
Contracted Services 55,231 200,862 123,121 35,960 19,271 34.9% 87,161 70.8%
Capital Outlay ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Debt Service ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Internal Services 32,739 55,244 27,622 27,622 5,117 15.6%‐ 0.0%
Transfers Out ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Total Expenditures 1,268,912$ 2,929,376$ 1,485,719$ 1,151,582$ 117,330$ 9.2% 334,137$ 22.5%
2021 2021 vs. Budget2021 vs. 2020
Quarterly Financial Report City of Renton, Washington 2nd Quarter 2021
Page 9 of 43
COMMUNITY AND ECONOMIC DEVELOPMENT ‐ ECONOMIC DEVELOPMENT
Contracted Services ‐ The increase in contracted services over the prior year is primarily due to two affordable housing grants
paid in the 2nd quarter of 2021 ($99.6K and $700K), offset by decreases in impact fee waivers in the 2nd quarter of 2020 that
did not occur in 2021 ($121K). The affordable housing grants paid out in the 2nd quarter of 2021 were approved by Council
and budgeted in 2020. They are included in the 2nd quarter/carry forward budget adjustment. The YTD budget is calculated
based on payment trends over the two prior years, so the timing of these payments is resulting in the appearance that the
line item is over budget when it is not.
Capital Outlay – Economic Development capital outlay is associated with the Downtown Streetscape project being funded
through a CDBG grant. The amounts over the prior year are due to timing of project planning/construction costs. As with
other capital projects, the entire amount of the project has been budgeted and the budget balance will be carried forward
each year until the project is complete.
COMMUNITY AND ECONOMIC DEVELOPMENT ‐ PLANNING
Personnel ‐ The amount of personnel costs under the YTD budget is due to open positions.
Contracted Services – The amount of contracted services over the prior year is due to contracts for multiple projects including
1) ADU design plans, 2) TOD Subarea Plan, 3) Light Rail Transit Conceptual evaluation, and 4) general structural plan review.
FINANCE
Personnel ‐ The amount of personnel costs under the YTD budget is due to open positions.
Economic Development
Summary of Uses 2020
Year to Date through June YTD Actual Annual Budget YTD Budget YTD Actual $%$%
Personnel 433,170$ 916,639$ 458,320$ 453,982$ (20,812)$ ‐4.8%4,338$ 0.9%
Supplies 1,068 6,320 517 1,798 (730) ‐68.4% (1,281) ‐247.8%
Contracted Services 295,801 1,706,785 472,329 911,894 (616,093) ‐208.3% (439,565) ‐93.1%
Capital Outlay 95,071 1,163,748 343,144 959,186 (864,115) ‐908.9% (616,042) ‐179.5%
Debt Service ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Internal Services ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Transfers Out ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Total Expenditures 825,110$ 3,793,492$ 1,274,310$ 2,326,860$ (1,501,750)$ ‐182.0% (1,052,550)$ ‐82.6%
2021 2021 vs. Budget2021 vs. 2020
Planning
Summary of Uses 2020
Year to Date through June YTD Actual Annual Budget YTD Budget YTD Actual $%$%
Personnel 1,952,987$ 4,476,281$ 2,238,141$ 1,964,427$ (11,440)$ ‐0.6%273,714$ 12.2%
Supplies 1,876 13,050 7,208 2,823 (947) ‐50.5%4,385 60.8%
Contracted Services 49,430 377,081 131,377 186,231 (136,801) ‐276.8% (54,854) ‐41.8%
Capital Outlay ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Debt Service ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Internal Services 17,410 87,979 43,990 43,990 (26,580) ‐152.7%‐ 0.0%
Transfers Out ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Total Expenditures 2,021,703$ 4,954,391$ 2,420,716$ 2,197,471$ (175,768)$ ‐8.7%223,245$ 9.2%
2021 2021 vs. Budget2021 vs. 2020
Finance
Summary of Uses 2020
Year to Date through June YTD Actual Annual Budget YTD Budget YTD Actual $%$%
Personnel 989,942$ 2,465,985$ 1,232,993$ 1,015,391$ (25,449)$ ‐2.6%217,602$ 17.6%
Supplies 884 11,500 3,831 384 500 56.6% 3,447 90.0%
Contracted Services 268,689 1,212,698 310,137 406,211 (137,522) ‐51.2% (96,074) ‐31.0%
Capital Outlay ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Debt Service ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Internal Services 219,432 468,761 234,381 234,381 (14,949) ‐6.8%‐ 0.0%
Transfers Out ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Total Expenditures 1,478,947$ 4,158,944$ 1,781,342$ 1,656,367$ (177,420)$ ‐12.0%124,975$ 7.0%
2021 2021 vs. Budget2021 vs. 2020
Quarterly Financial Report City of Renton, Washington 2nd Quarter 2021
Page 10 of 43
Contracted Services – The amount of contracted services over the prior year and over budget is primarily due to outside legal
fees associated with a utility tax audit. The timing of these expenditures is causing the line item to appear over budget when
it is not.
CITY CLERK
HUMAN RESOURCES
POLICE
Personnel – The decrease in personnel costs from the prior year is primarily the result of vacant positions resulting in a
decrease in salaries ($383K) and benefits ($38K), offset by an increase in patrol operations overtime ($59K) and private
security overtime ($61K). The amount under the YTD budget is due to open positions resulting in savings in salaries ($635K)
and benefits ($433K), offset by overages in patrol operations overtime ($135K) and private security overtime ($103K).
Supplies – The amount of supplies under the YTD budget is due to lower than expected expenditures for operating supplies
($78K) and small tools/minor equipment purchases ($52K), $30K of the amount under the YTD budget is associated with
grants.
Contracted Services – The decrease in contracted services costs from the prior year is primarily due to the following: 1)
decreased professional services ($133K ‐ $60K of which is emergency communications costs); 2) decreased operating rentals
($65K); 3) decreased miscellaneous contracted services ($15K); 4) increased training costs ($33K). The amount of contracted
services under the YTD budget is primarily due to the following: 1) lower than anticipated professional services costs ($50K);
and 2) lower than expected operating rental costs ($179K).
City Clerk
Summary of Uses 2020
Year to Date through June YTD Actual Annual Budget YTD Budget YTD Actual $%$%
Personnel 368,364$ 911,188$ 455,594$ 372,427$ (4,063)$ ‐1.1%83,167$ 18.3%
Supplies 838 6,994 3,407 493 345 41.2% 2,914 85.5%
Contracted Services 245,553 397,620 309,568 314,726 (69,173) ‐28.2% (5,158) ‐1.7%
Capital Outlay ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Debt Service ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Internal Services 95,565 213,038 106,519 106,519 (10,954) ‐11.5%‐ 0.0%
Transfers Out ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Total Expenditures 710,320$ 1,528,840$ 875,088$ 794,165$ (83,845)$ ‐11.8%80,923$ 9.2%
2021 2021 vs. Budget2021 vs. 2020
Human Resources
Summary of Uses 2020
Year to Date through June YTD Actual Annual Budget YTD Budget YTD Actual $%$%
Personnel 554,362$ 1,141,385$ 570,693$ 553,190$ 1,172$ 0.2% 17,503$ 3.1%
Supplies 2,031 21,828 9,839 5,121 (3,090) ‐152.1%4,718 48.0%
Contracted Services 27,809 213,038 91,512 31,009 (3,200) ‐11.5%60,503 66.1%
Capital Outlay ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Debt Service ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Internal Services 140,777 285,956 142,978 142,978 (2,201) ‐1.6%‐ 0.0%
Transfers Out ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Total Expenditures 724,979$ 1,662,207$ 815,022$ 732,298$ (7,319)$ ‐1.0%82,724$ 10.1%
2021 2021 vs. Budget2021 vs. 2020
Police
Summary of Uses 2020
Year to Date through June YTD Actual Annual Budget YTD Budget YTD Actual $%$%
Personnel 12,862,225$ 26,779,339$ 13,389,670$ 12,560,230$ 301,995$ 2.3% 829,440$ 6.2%
Supplies 164,548 549,607 277,171 146,376 18,172 11.0% 130,795 47.2%
Contracted Services 2,246,766 4,953,635 2,291,763 2,065,938 180,828 8.0% 225,825 9.9%
Capital Outlay ‐ 41,154 ‐ 8,600 (8,600) 100.0%(8,600) 100.0%
Debt Service ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Internal Services 2,692,169 6,207,561 3,103,781 3,034,588 (342,419) ‐12.7%69,193 2.2%
Transfers Out 797,113 ‐ ‐ ‐ 797,113 100.0%‐ 0.0%
Total Expenditures 18,762,821$ 38,531,296$ 19,062,385$ 17,815,732$ 947,089$ 5.0% 1,246,653$ 6.5%
2021 2021 vs. Budget2021 vs. 2020
Quarterly Financial Report City of Renton, Washington 2nd Quarter 2021
Page 11 of 43
Internal Services – The amount of internal services costs over the prior year are primarily due to the following: 1) increased
IT charges ($98K); 2) decreased Communications charges ($11K); 3) increased Fleet charges ($241K – equipment replacement
reserve charges were frozen in 2020 in response to COVID budget cuts); 4) decreased Insurance charges ($35K); and 5)
increased Facilities charges ($49K).
Transfers Out – The decrease in transfers out from the prior year is due to the transferring of seizure funds out of the General
Fund and into special revenue funds in 2020. The special revenue funds were established to allow for transparency in
accounting and reporting for the receipt and use of seizure funds.
POLICE ‐ JAIL SERVICES
COMMUNITY SERVICES ‐ ADMIN
COMMUNITY SERVICES ‐ LEASED PROPERTIES
Jail Services
Summary of Uses 2020
Year to Date through June YTD Actual Annual Budget YTD Budget YTD Actual $%$%
Personnel ‐$ ‐$ ‐$ ‐$ ‐$ 0.0%‐$ 0.0%
Supplies ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Contracted Services 2,354,207 4,707,758 2,353,911 2,353,878 329 0.0% 33 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 2,354,207$ 4,707,758$ 2,353,911$ 2,353,878$ 329$ 0.0% 33$ 0.0%
2021 2021 vs. Budget2021 vs. 2020
Community Services Admin
Summary of Uses 2020
Year to Date through June YTD Actual Annual Budget YTD Budget YTD Actual $%$%
Personnel 183,879$ 378,206$ 189,103$ 186,925$ (3,046)$ ‐1.7%2,178$ 1.2%
Supplies 891 7,200 2,849 421 470 52.7% 2,428 85.2%
Contracted Services 11,688 35,544 20,373 5,809 5,879 50.3% 14,564 71.5%
Capital Outlay ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Debt Service ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Internal Services 75,331 171,107 85,554 85,554 (10,223) ‐13.6%‐ 0.0%
Transfers Out 616 ‐ ‐ 39,207 (38,591) ‐6264.8% (39,207) 100.0%
Total Expenditures 272,405$ 592,057$ 297,879$ 317,916$ (45,511)$ ‐16.7% (20,037)$ ‐6.7%
2021 vs. Budget2021 vs. 20202021
Leased Properties
Summary of Uses 2020
Year to Date through June YTD Actual Annual Budget YTD Budget YTD Actual $%$%
Personnel 89,472 185,794 92,897 90,105 (633)$ ‐0.7%2,792$ 3.0%
Supplies 428 2,440 833 20,305 (19,877) ‐4644.2% (19,472) ‐2337.6%
Contracted Services 230,193 658,465 312,571 250,130 (19,937) ‐8.7%62,441 20.0%
Capital Outlay 27,188 ‐ ‐ ‐ 27,188 100.0%‐ 0.0%
Debt Service ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Internal Services 1,425 3,177 1,589 1,589 (164) ‐11.5%‐ 0.0%
Transfers Out ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Total Expenditures 348,706$ 849,876$ 407,890$ 362,129$ (13,423)$ ‐3.8%45,761$ 11.2%
2021 2021 vs. 2020 2021 vs. Budget
Quarterly Financial Report City of Renton, Washington 2nd Quarter 2021
Page 12 of 43
COMMUNITY SERVICES ‐ PARKS AND TRAILS
Personnel – The amount of personnel costs under the YTD budget is due to vacant positions.
Contracted Services – The amount of contracted services over the prior year is primary due to the following: 1) Pre‐design
costs associated with the relocation of the Cedar River Trail away from the river ($40K); 2) increase in water costs ($21K); 3)
routine parking lot and sport court maintenance that did not occur in the 1st half of 2020 ($20K); and 4) increase in homeless
encampment clean‐up services ($39K).
Internal Services – The amount of internal services costs over the prior year is primarily due to the following: 1) increased IT
charges ($23K); 2) increased Fleet charges ($70K ‐ equipment replacement reserve charges were frozen in April 2020 as part
of COVID budget cuts); and 3) increased Facilities charges ($69K).
COMMUNITY SERVICES ‐ PARKS PLANNING AND NATURAL RESOURCES
Contracted Services – The amount of contracted services under the prior year and the YTD budget is primarily due to tree
maintenance. There was a large contract for a complete tree inventory performed in 2020 that is not repeated in 2021, and
there have been delays in the vendor’s invoicing the City for work performed, which is contributing to the amounts under the
prior year and budget.
COMMUNITY SERVICES ‐ RECREATION AND NEIGHBORHOODS
Personnel – The decrease in personnel costs from the prior year and the amount under budget is due to open positions, the
result of recreation facility closures related to COVID‐19.
Parks & Trails
Summary of Uses 2020
Year to Date through June YTD Actual Annual Budget YTD Budget YTD Actual $%$%
Personnel 1,440,342$ 4,059,603$ 2,029,802$ 1,440,100$ 242$ 0.0% 589,702$ 29.1%
Supplies 70,060 248,859 128,702 93,221 (23,161) ‐33.1%35,481 27.6%
Contracted Services 185,807 774,947 232,704 315,080 (129,273) ‐69.6% (82,376) ‐35.4%
Capital Outlay ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Debt Service ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Internal Services 718,578 1,757,711 878,856 878,442 (159,864) ‐22.2%414 0.0%
Transfers Out ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Total Expenditures 2,414,787$ 6,841,120$ 3,270,064$ 2,726,843$ (312,056)$ ‐12.9%543,221$ 16.6%
2021 2021 vs. Budget2021 vs. 2020
Parks Planning & Natural Resources
Summary of Uses 2020
Year to Date through June YTD Actual Annual Budget YTD Budget YTD Actual $%$%
Personnel 451,746$ 1,007,634$ 503,817$ 458,693$ (6,947)$ ‐1.5%45,124$ 9.0%
Supplies 162 4,827 615 1,426 (1,264) ‐780.2% (811) ‐131.9%
Contracted Services 423,756 960,463 377,685 222,532 201,224 47.5% 155,153 41.1%
Capital Outlay ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Debt Service ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Internal Services 24,738 76,437 38,219 38,219 (13,481) ‐54.5%‐ 0.0%
Transfers Out ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Total Expenditures 900,402$ 2,049,361$ 920,336$ 720,870$ 179,532$ 19.9% 199,466$ 21.7%
2021 2021 vs. Budget2021 vs. 2020
Recreation & Neighborhoods
Summary of Uses 2020
Year to Date through June YTD Actual Annual Budget YTD Budget YTD Actual $%$%
Personnel 1,363,211$ 3,844,106$ 1,922,053$ 979,491$ 383,720$ 28.1% 942,562$ 49.0%
Supplies 48,240 292,499 135,677 43,458 4,782 9.9% 92,219 68.0%
Contracted Services 114,974 423,096 143,879 61,680 53,294 46.4% 82,199 57.1%
Capital Outlay ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Debt Service ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Internal Services 948,722 2,012,798 1,006,399 1,006,604 (57,882) ‐6.1% (205) 0.0%
Transfers Out ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Total Expenditures 2,475,147$ 6,572,499$ 3,208,008$ 2,091,233$ 383,914$ 15.5% 1,116,775$ 34.8%
2021 2021 vs. Budget2021 vs. 2020
Quarterly Financial Report City of Renton, Washington 2nd Quarter 2021
Page 13 of 43
COMMUNITY SERVICES ‐ HUMAN SERVICES
Contracted Services – The amount of contracted services under the YTD budget is due to the CDBG Coronavirus grant included
in the 2nd quarter budget adjustment. No expenditures under the grant have been incurred to date.
COMMUNITY SERVICES ‐ MUSEUM
PUBLIC WORKS ‐ ADMIN
PUBLIC WORKS ‐ STREET MAINTENANCE
Personnel – The amount of personnel costs under the prior year and the YTD budget is due to open positions.
Human Services
Summary of Uses 2020
Year to Date through June YTD Actual Annual Budget YTD Budget YTD Actual $%$%
Personnel 306,460$ 646,138$ 323,069$ 317,853$ (11,393)$ ‐3.7%5,216$ 1.6%
Supplies 2,532 15,650 6,023 3,319 (787) ‐31.1%2,704 44.9%
Contracted Services 291,176 1,195,617 435,282 200,538 90,638 31.1% 234,744 53.9%
Capital Outlay ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Debt Service ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Internal Services 59,538 121,998 60,999 60,957 (1,419) ‐2.4%42 0.1%
Transfers Out ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Total Expenditures 659,706$ 1,979,403$ 825,373$ 582,667$ 77,039$ 11.7% 242,706$ 29.4%
2021 vs. Budget2021 vs. 20202021
Museum
Summary of Uses 2020
Year to Date through June YTD Actual Annual Budget YTD Budget YTD Actual $%$%
Personnel 69,911$ 150,777$ 75,389$ 64,790$ 5,121$ 7.3% 10,599$ 14.1%
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 59,511 138,919 69,460 69,462 (9,951) ‐16.7% (2) 0.0%
Transfers Out ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Total Expenditures 129,422$ 289,696$ 144,849$ 134,252$ (4,830)$ ‐3.7%10,597$ 7.3%
2021 vs. Budget2021 vs. 20202021
Public Works Admin
Summary of Uses 2020
Year to Date through June YTD Actual Annual Budget YTD Budget YTD Actual $%$%
Personnel 121,576$ 377,829$ 188,915$ 186,789$ (65,213)$ ‐53.6%2,126$ 1.1%
Supplies 438 800 171 145 293 66.9% 26 15.2%
Contracted Services 26,700 1,650 859 590 26,110 97.8% 269 31.3%
Capital Outlay ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Debt Service ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Internal Services 54,785 117,712 58,856 58,856 (4,071) ‐7.4%‐ 0.0%
Transfers Out 1,137 ‐ ‐ ‐ 1,137 100.0%‐ 0.0%
Total Expenditures 204,636$ 497,991$ 248,801$ 246,380$ (41,744)$ ‐20.4%2,421$ 1.0%
2021 vs. Budget2021 2021 vs. 2020
Street Maintenance
Summary of Uses 2020
Year to Date through June YTD Actual Annual Budget YTD Budget YTD Actual $%$%
Personnel 1,452,573$ 3,235,633$ 1,617,817$ 1,320,352$ 132,221$ 9.1% 297,465$ 18.4%
Supplies 159,125 319,798 149,281 177,830 (18,705) ‐11.8% (28,549) ‐19.1%
Contracted Services 495,119 1,128,154 524,574 515,897 (20,778) ‐4.2%8,677 1.7%
Capital Outlay ‐ 5,200 ‐ ‐ ‐ 0.0%‐ 0.0%
Debt Service ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Internal Services 685,962 1,923,976 961,988 997,314 (311,352) ‐45.4% (35,326) ‐3.7%
Transfers Out 4,811 ‐ ‐ ‐ 4,811 100.0%‐ 0.0%
Total Expenditures 2,797,590$ 6,612,761$ 3,253,660$ 3,011,393$ (213,803)$ ‐7.6%242,267$ 7.4%
2021 vs. 20202021 2021 vs. Budget
Quarterly Financial Report City of Renton, Washington 2nd Quarter 2021
Page 14 of 43
Internal Services – The increase in internal service charges over the prior year is due to increased Fleet charges, the result of
adding three large pieces of equipment to the Street Maintenance Fleet inventory in 2019. Fleet charges consist of two
elements 1) quarterly maintenance and operations charges; and 2) replacement reserves. Replacement reserve charges were
frozen in April 2020 in response to COVID budget cuts.
PUBLIC WORKS ‐ TRANSPORTATION
Contracted Services – The amount of contracted services under the YTD budget is primarily due to the following: 1) lower
than anticipated electricity costs ($105K); and 2) no payments have been made to‐date for professional services under the
“Building the Mobility Network” program ($28K).
NON‐DEPARTMENTAL AND OTHER
Personnel ‐ The amount of personnel expenditures over the prior year is due to timing of employee separations. The amount
of personnel expenditures under the YTD budget is due to lower than anticipated employee separation payments.
Contracted Services – The amount of contracted services under budget is due to contingency reserves that are set aside for
unanticipated costs related to the SCORE.
Transportation
Summary of Uses 2020
Year to Date through June YTD Actual Annual Budget YTD Budget YTD Actual $%$%
Personnel 2,173,365$ 4,552,850$ 2,276,425$ 2,204,064$ (30,699)$ ‐1.4%72,361$ 3.2%
Supplies 101,330 230,702 107,884 79,565 21,765 21.5% 28,319 26.2%
Contracted Services 473,237 1,019,483 563,303 422,466 50,771 10.7% 140,837 25.0%
Capital Outlay 13,818 ‐ ‐ ‐ 13,818 100.0%‐ 0.0%
Debt Service ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Internal Services 362,186 836,129 418,065 418,580 (56,394) ‐15.6% (515) ‐0.1%
Transfers Out ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Total Expenditures 3,123,936$ 6,639,164$ 3,365,677$ 3,124,675$ (739)$ 0.0%241,002$ 7.2%
2021 vs. Budget2021 vs. 20202021
Non‐Departmental and Other
Summary of Uses 2020
Year to Date through June YTD Actual Annual Budget YTD Budget YTD Actual $%$%
Personnel 1,056,419$ 3,407,200$ 1,720,301$ 1,425,805$ (369,386)$ ‐35.0%294,496$ 17.1%
Supplies ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Contracted Services 100,564 2,368,661 1,439,117 121,127 (20,563) ‐20.4%1,317,990 91.6%
Capital Outlay ‐ ‐ ‐ ‐ ‐ 0.0%‐ 0.0%
Debt Service ‐ 225,309 ‐ ‐ ‐ 0.0%‐ 0.0%
Internal Services 9,414 14,055 7,028 7,028 2,386 25.3%‐ 0.0%
Transfers Out 8,344,376 4,868,655 1,490,188 1,490,188 6,854,189 82.1%‐ 0.0%
Total Expenditures 9,510,773$ 10,883,880$ 4,656,634$ 3,044,148$ 6,466,626$ 68.0% 1,612,486$ 34.6%
2021 vs. Budget2021 2021 vs. 2020
Quarterly Financial Report City of Renton, Washington 2nd Quarter 2021
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.
Charges for services – The decrease in charges for services is due to a reduction in payments from Fire District 40 that support
the debt service payments on Fire Station 13. The payment received in 2nd quarter 2021 is the final payment scheduled to
be received from Fire District 40 related to the debt service on the loan.
Transfers In – Transfers in will be processed to coincide with the timing of debt service payments.
2020 2021 2021 YTD
YTD ACTUAL ANNUAL BUDGET YTD ACTUAL PRIOR YEAR BUDGET % BUDGET
REVENUES:
Grants / intergovernmental 28,678$ 50,983$ 51,092$ 22,414$ 109$ 100.21%
Charges for services 193,414 63,648 63,648 (129,766) ‐ 100.00%
Investment Earnings 22,001 ‐ 11,471 (10,530) 11,471 N/A
TOTAL REVENUES 244,093 114,631 126,211 (117,882) 11,580 110.10%
EXPENDITURES:
Principal 181,622 5,625,158 188,804 (7,182) 5,436,354 3.36%
Interest 876,071 1,527,861 735,263 140,808 792,598 48.12%
TOTAL EXPENDITURES 1,057,693 7,153,019 924,067 133,626 6,228,952 12.92%
Transfers In ‐ 7,378,667 1,490,188 1,490,188 (5,888,479) 20.20%
NET TRANSFERS ‐ 7,378,667 1,490,188 1,490,188 (5,888,479) 20.20%
CHANGE IN FUND BALANCE (813,600) 340,279 692,332 1,505,932 352,053 203.46%
BEGINNING FUND BALANCE, Jan 1 3,999,457 5,010,629 5,010,629 1,011,172 ‐ 100.00%
ENDING FUND BALANCE, Jun 30 3,185,857$ 5,350,908$ 5,702,961$ 2,517,104$ 352,053$ 106.58%
Debt Service Reserve 2,717,575 2,717,575 2,717,575
AVAILABLE FUND BALANCE 468,282$ 2,633,333$ 2,985,386$
VARIANCE
FAVORABLE (UNFAVORABLE)
GENERAL GOVERNMENTAL MISCELLANEOUS DEBT
Quarterly Financial Report City of Renton, Washington 2nd Quarter 2021
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.
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.
2020 2021 2021 YTD
YTD ACTUAL ANNUAL BUDGET YTD ACTUAL PRIOR YEAR BUDGET % BUDGET
REVENUES:
Taxes 140,524$ 200,000$ 95,725$ (44,799)$ (104,275)$ 47.86%
Contributions ‐ 25,000 20,000 20,000 (5,000) 80.00%
Investment Earnings 5,070 ‐ 1,858 (3,212) 1,858 N/A
TOTAL REVENUES 145,594 225,000 117,583 (28,011) (107,417) 52.26%
EXPENDITURES:
Contracted Services 104,381 461,197 122,415 (18,034) 338,782 26.54%
TOTAL EXPENDITURES 104,381 461,197 122,415 (18,034) 338,782 26.54%
NET TRANSFERS ‐ (40,000) ‐ ‐ ‐ N/A
CHANGE IN FUND BALANCE 41,213 (276,197) (4,832) (46,045) 271,365 1.75%
BEGINNING FUND BALANCE, Jan 1 943,889 893,604 893,604 (50,285) ‐ 94.67%
ENDING FUND BALANCE, Jun 30 985,102$ 617,407$ 888,772$ (96,330)$ 271,365$ 90.22%
VARIANCE
FAVORABLE (UNFAVORABLE)
HOTEL/MOTEL
2020 2021 2021 YTD
YTD ACTUAL ANNUAL BUDGET YTD ACTUAL PRIOR YEAR BUDGET % BUDGET
REVENUES:
Licenses and permits 41,132$ 57,674$ 37,320$ (3,812)$ (20,354)$ 64.71%
Investment Earnings 3,182 ‐ 1,419 (1,763) 1,419 N/A
TOTAL REVENUES 44,314 57,674 38,739 (5,574) (18,935) 67.17%
EXPENDITURES:
Supplies ‐ 6,302 ‐ ‐ 6,302 0.00%
Contracted Services 17,100 51,372 17,780 680 33,592 34.61%
Capital Outlay ‐ 40,000 ‐ ‐ 40,000 0.00%
TOTAL EXPENDITURES 17,100 97,674 17,780 680 79,894 18.20%
Transfers In ‐ 40,000 ‐ ‐ ‐ 0.00%
NET TRANSFERS ‐ 40,000 ‐ ‐ ‐ 0.00%
CHANGE IN FUND BALANCE 27,214 ‐ 20,959 (6,254) 20,959 N/A
BEGINNING FUND BALANCE, Jan 1 603,760 677,710 677,710 73,950 ‐ 100.00%
ENDING FUND BALANCE, Jun 30 630,974$ 677,710$ 698,669$ 67,695$ 20,959$ 103.09%
CABLE COMMUNICATIONS
VARIANCE
FAVORABLE (UNFAVORABLE)
Quarterly Financial Report City of Renton, Washington 2nd Quarter 2021
Page 17 of 43
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 which will be used to
fund the ongoing maintenance of the wetland in perpetuity.
Police Seizure Fund
The Police Seizure Fund was established in the 2nd quarter of 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.
2020 2021 2021 YTD
YTD ACTUAL ANNUAL BUDGET YTD ACTUAL PRIOR YEAR BUDGET % BUDGET
REVENUES:
Charge for services ‐$ 24,200$ 24,200$ 24,200$ ‐$ 100.00%
Investment Earnings 1,778 ‐ 745 (1,033) 745 N/A
TOTAL REVENUES 1,778 24,200 24,945 23,167 745 103.08%
EXPENDITURES:
TOTAL EXPENDITURES ‐ ‐ ‐ ‐ ‐ N/A
NET TRANSFERS ‐ ‐ ‐ ‐ ‐ N/A
CHANGE IN FUND BALANCE 1,778 24,200 24,945 23,167 745 103.08%
BEGINNING FUND BALANCE, Jan 1 345,658 348,826 348,826 3,168 ‐ 100.00%
ENDING FUND BALANCE, Jun 30 347,436$ 373,026$ 373,771$ 26,335$ 745$ 100.20%
SPRINGBROOK WETLANDS
VARIANCE
FAVORABLE (UNFAVORABLE)
2020 2021 2021 YTD
YTD ACTUAL ANNUAL BUDGET YTD ACTUAL PRIOR YEAR BUDGET % BUDGET
REVENUES:
Contributions ‐$ ‐$ 8,118$ 8,118$ 8,118$ N/A
Investment Earnings 704 ‐ 1,681 977 1,681 N/A
TOTAL REVENUES 704 ‐ 9,799 9,095 9,799 N/A
EXPENDITURES:
Supplies ‐ 872,449 21,771 21,771 850,678 2.50%
Contracted Services 862 ‐ 24,983 24,121 (24,983) N/A
Capital Outlay ‐ ‐ 84,404 84,404 (84,404) N/A
TOTAL EXPENDITURES 862 872,449 131,158 130,296 741,291 15.03%
NET TRANSFERS 671,102 ‐ ‐ (671,102) ‐ N/A
CHANGE IN FUND BALANCE 670,944 (872,449) (121,359) (792,303) 751,090 N/A
BEGINNING FUND BALANCE, Jan 1 ‐ 872,449 872,449 872,449 ‐ 100.00%
ENDING FUND BALANCE, Jun 30 670,944$ ‐$ 751,090$ 80,146$ 751,090$ N/A
POLICE SEIZURE
VARIANCE
FAVORABLE (UNFAVORABLE)
Quarterly Financial Report City of Renton, Washington 2nd Quarter 2021
Page 18 of 43
Police CSAM Seizure Fund
The Police CSAM Seizure Fund was established in the 2nd quarter of 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.
2020 2021 2021 YTD
YTD ACTUAL ANNUAL BUDGET YTD ACTUAL PRIOR YEAR BUDGET % BUDGET
REVENUES:
Fines and penalties ‐$ ‐$ 18,948$ 18,948$ 18,948$ N/A
Investment Earnings 132 ‐ 328 196 328 N/A
TOTAL REVENUES 132 ‐ 19,276 19,144 19,276 N/A
EXPENDITURES:
Contracted Services ‐ 150,637 ‐ ‐ (150,637) 0.00%
TOTAL EXPENDITURES ‐ 150,637 ‐ ‐ 150,637 0.00%
NET TRANSFERS 126,011 ‐ ‐ (126,011) ‐ N/A
CHANGE IN FUND BALANCE 126,143 (150,637) 19,276 (106,867) 169,913 N/A
BEGINNING FUND BALANCE, Jan 1 ‐ 150,637 150,637 150,637 ‐ 100.00%
ENDING FUND BALANCE, Jun 30 126,143$ ‐$ 169,913$ 43,770$ 169,913$ N/A
POLICE CSAM SEIZURE
VARIANCE
FAVORABLE (UNFAVORABLE)
Quarterly Financial Report City of Renton, Washington 2nd Quarter 2021
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.
Fire Impact Mitigation Fund
This fund accounts for fire 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 debt service fund to support the debt service on fire station 13. Once the debt on the
fire station is repaid, the remaining collections will be disbursed to the Renton Regional Fire Authority for use on qualifying
capital projects.
2020 2021 2021 YTD
YTD ACTUAL ANNUAL BUDGET YTD ACTUAL PRIOR YEAR BUDGET % BUDGET
REVENUES:
Charges for services 334,963$ 86,500$ 164,590$ (170,373)$ 78,090$ 190.28%
Investment Earnings 10,872 ‐ 3,939 (6,933) 3,939 N/A
TOTAL REVENUES 345,835 86,500 168,529 (177,305) 82,029 194.83%
TOTAL EXPENDITURES ‐ ‐ ‐ ‐ ‐ N/A
Transfers In ‐ 1,484,964 ‐ ‐ ‐ 0.00%
Transfers Out ‐ 2,080,328 ‐ ‐ 2,080,328 0.00%
NET TRANSFERS ‐ (595,364) ‐ ‐ 595,364 0.00%
CHANGE IN FUND BALANCE 345,835 (508,864) 168,529 (177,306) 677,393 ‐33.12%
BEGINNING FUND BALANCE, Jan 1 1,886,999 1,713,833 1,713,833 (173,166) ‐ 100.00%
ENDING FUND BALANCE, Jun 30 2,232,834$ 1,204,969$ 1,882,362$ (350,472)$ 677,393$ 156.22%
COMMUNITY SERVICES IMPACT MITIGATION
VARIANCE
FAVORABLE (UNFAVORABLE)
2020 2021 2021 YTD
YTD ACTUAL ANNUAL BUDGET YTD ACTUAL PRIOR YEAR BUDGET % BUDGET
REVENUES:
Charges for services 81,198$ 99,000$ 169,036$ 87,838$ 70,036$ 170.74%
Investment Earnings 11,143 ‐ 4,547 (6,596) 4,547 N/A
TOTAL REVENUES 92,341 99,000 173,583 81,242 74,583 175.34%
EXPENDITURES:
TOTAL EXPENDITURES ‐ ‐ ‐ ‐ ‐ N/A
Transfers Out ‐ 436,987 ‐ ‐ 436,987 0.00%
NET TRANSFERS ‐ (436,987) ‐ ‐ 436,987 0.00%
CHANGE IN FUND BALANCE 92,341 (337,987) 173,583 81,242 511,570 ‐51.36%
BEGINNING FUND BALANCE, Jan 1 2,120,558 2,191,452 2,191,452 70,894 ‐ 100.00%
ENDING FUND BALANCE, Jun 30 2,212,899$ 1,853,465$ 2,365,035$ 152,136$ 511,570$ 127.60%
FIRE IMPACT MITIGATION
VARIANCE
FAVORABLE (UNFAVORABLE)
Quarterly Financial Report City of Renton, Washington 2nd Quarter 2021
Page 20 of 43
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.
REET 1 Fund
This fund was established in the 2nd quarter of 2020 to account 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.
2020 2021 2021 YTD
YTD ACTUAL ANNUAL BUDGET YTD ACTUAL PRIOR YEAR BUDGET % BUDGET
REVENUES:
Charges for services 729,530$ 200,000$ 1,291,265$ 561,735$ 1,091,265$ 645.63%
Investment Earnings 17,583 ‐ 7,245 (10,338) 7,245 N/A
TOTAL REVENUES 747,113 200,000 1,298,510 551,397 1,098,510 649.26%
TOTAL EXPENDITURES ‐ ‐ ‐ ‐ ‐ N/A
Transfers Out ‐ 172,869 ‐ ‐ 172,869 0.00%
NET TRANSFERS ‐ (172,869) ‐ ‐ 172,869 0.00%
CHANGE IN FUND BALANCE 747,113 27,131 1,298,510 551,397 1,271,379 N/A
BEGINNING FUND BALANCE, Jan 1 2,942,344 3,154,954 3,154,954 212,610 ‐ 100.00%
ENDING FUND BALANCE, Jun 30 3,689,457$ 3,182,085$ 4,453,464$ 764,007$ 1,271,379$ 139.95%
TRANSPORTATION IMPACT MITIGATION
VARIANCE
FAVORABLE (UNFAVORABLE)
2020 2021 2021 YTD
YTD ACTUAL ANNUAL BUDGET YTD ACTUAL PRIOR YEAR BUDGET % BUDGET
REVENUES:
Taxes 1,271,842$ 2,250,000$ 2,111,656$ 839,814$ (138,344)$ 93.85%
Investment Earnings 2,244 ‐ 5,943 3,699 5,943 N/A
TOTAL REVENUES 1,274,086 2,250,000 2,117,599 843,513 (132,401) 94.12%
TOTAL EXPENDITURES ‐ ‐ ‐ ‐ ‐ N/A
Transfers In 1,143,855 ‐ ‐ (1,143,855) ‐ N/A
Transfers Out ‐ 2,865,000 ‐ ‐ 2,865,000 0.00%
NET TRANSFERS 1,143,855 (2,865,000) ‐ (1,143,855) 2,865,000 0.00%
CHANGE IN FUND BALANCE 2,417,941 (615,000) 2,117,599 (300,342) 2,732,599 ‐344.33%
BEGINNING FUND BALANCE, Jan 1 ‐ 2,042,269 2,042,269 2,042,269 ‐ 100.00%
ENDING FUND BALANCE, Jun 30 2,417,941$ 1,427,269$ 4,159,868$ 1,741,927$ 2,732,599$ 291.46%
REET 1
VARIANCE
FAVORABLE (UNFAVORABLE)
Quarterly Financial Report City of Renton, Washington 2nd Quarter 2021
Page 21 of 43
REET 2 Fund
This fund was established in the 2nd quarter of 2020 to account 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.
2020 2021 2021 YTD
YTD ACTUAL ANNUAL BUDGET YTD ACTUAL PRIOR YEAR BUDGET % BUDGET
REVENUES:
Taxes 1,271,842$ 2,250,000$ 2,111,656$ 839,814$ (138,344)$ 93.85%
Investment Earnings 2,244 ‐ 8,405 6,161 8,405 N/A
TOTAL REVENUES 1,274,086 2,250,000 2,120,061 845,976 (129,939) 94.22%
TOTAL EXPENDITURES ‐ ‐ ‐ ‐ ‐ N/A
Transfers In 1,143,855 3,177,680 ‐ (1,143,855) (3,177,680) 0.00%
Transfers Out ‐ 7,066,705 ‐ ‐ 7,066,705 0.00%
NET TRANSFERS 1,143,855 (3,889,025) ‐ (1,143,855) 3,889,025 0.00%
CHANGE IN FUND BALANCE 2,417,941 (1,639,025) 2,120,061 (297,880) 3,759,086 ‐129.35%
BEGINNING FUND BALANCE, Jan 1 ‐ 3,411,866 3,411,866 3,411,866 ‐ 100.00%
ENDING FUND BALANCE, Jun 30 2,417,941$ 1,772,841$ 5,531,927$ 3,113,986$ 3,759,086$ 312.04%
REET 2
VARIANCE
FAVORABLE (UNFAVORABLE)
Quarterly Financial Report City of Renton, Washington 2nd Quarter 2021
Page 22 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 June 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.
2020 2021 2021 YTD
YTD ACTUAL ANNUAL BUDGET YTD ACTUAL PRIOR YEAR BUDGET % BUDGET
REVENUES:
Grants / intergovernmental 522,438$ 1,302,206$ 815,534$ 293,096$ (486,672)$ 62.63%
Charges for services 140 ‐ 157,596 157,456 157,596 N/A
Sale of general fixed assets 160,000 ‐ 80,000 (80,000) 80,000 N/A
Investment Earnings 147,100 86,185 45,185 (101,915) (41,000) 52.43%
TOTAL REVENUES 829,678 1,399,391 1,098,315 268,637 (301,076) 78.49%
EXPENDITURES:
Personnel 331,597 731,324 276,812 (54,785) 454,512 37.85%
Contracted Services 102,974 130,384 35,862 (67,112) 94,522 27.50%
Capital Outlay 3,991,443 23,889,853 1,229,184 (2,762,259) 22,660,669 5.15%
TOTAL EXPENDITURES 4,426,014 24,751,561 1,541,858 (2,884,156) 23,209,703 6.23%
Transfers In ‐ 7,899,008 ‐ ‐ (7,899,008) 0.00%
Transfers Out ‐ 4,669,729 ‐ ‐ 4,669,729 0.00%
NET TRANSFERS ‐ 3,229,279 ‐ ‐ (12,568,737) 0.00%
CHANGE IN FUND BALANCE (3,596,336) (20,122,891) (443,543) 3,152,793 19,679,348 2.20%
BEGINNING FUND BALANCE, Jan 1 26,395,567 20,298,663 20,298,663 (6,096,904) ‐ 100.00%
ENDING FUND BALANCE, Jun 30 22,799,231$ 175,772$ 19,855,120$ (2,944,111)$ 19,679,348$ 11295.95%
MUNICIPAL FACILITIES CIP
VARIANCE
FAVORABLE (UNFAVORABLE)
Quarterly Financial Report City of Renton, Washington 2nd Quarter 2021
Page 23 of 43
Municipal Facilities CIP Fund (continued)
PROJECT BUDGET ACTUAL BALANCE
CAPITAL PROJECT COORDINATORS 731,324$ 276,812$ 454,512$
REPAIRS AND MAINTENANCE - 17,057 (17,057)
SUNSET NEIGHBORHOOD PARK ART 86,856 10,200 76,656
CITY HALL ELEVATORS 1,465,583 442,456 1,023,127
CITY WIDE SECURITY SYSTEM UPGRADES 353,913 4,952 348,961
COMM SVCS MAINT SHOPS REHAB 299,946 - 299,946
SIGN SHOP IMPROVEMENTS 2,824 - 2,824
CITY HALL MAJOR HVAC AND FIRE COMP REPL 2,629,288 407,985 2,221,303
RCC AUDIO AND VIDEO SYSTEMS 56,000 - 56,000
CITY HALL - REMODEL 10,000 674 9,326
CITY HALL - 7TH FLOOR REMODEL 10,000 368 9,632
PUBLIC WORKS SHOPS - GENERATOR REPL 144,000 - 144,000
BOATHOUSE 14,763 7,352 7,411
HENRY MOSES AQUATIC CENTER 88,644 - 88,644
SPORT COURT IMPROVEMENTS 215,000 60,968 154,032
PARKING LOT AND DRIVEWAY REPAIRS 90,000 - 90,000
URBAN FORESTRY PROGRAM 103,348 11,769 91,579
PARKS MM - PLAYGRDS, KIOSKS & INT SIGNS 325,000 - 325,000
PARKS MM - STRUCTURAL REVIEWS & REPAIRS 11,915 11,915 -
SUNSET EIS PARK 84,010 58,152 25,858
COULON PARK STRUCTURAL IMPROVEMENTS 150 150 -
COULON PARK TURF REPLACEMENT 50,788 - 50,788
COULON SWIM BEACH 100,000 - 100,000
LIBERTY PARK IMPROVEMENTS 525,852 - 525,852
TRANSPORTATION LANDSCAPE 90,000 - 90,000
PHILIP ARNOLD PARK IMPROVEMENTS 5,951,133 61,785 5,889,348
KIWANIS PARK 6,062,100 24,743 6,037,357
COULON - WATERWALK 3,481,270 99,821 3,381,449
COULON - TRESTLE BRIDGE 1,497,854 44,699 1,453,155
COULON - ROSEWALL REPAIRS & MAINTENANCE 10,000 - 10,000
MAY CREEK TRAIL SOUTH 250,000 - 250,000
PARKS AVE N ACQUISITION 10,000 - 10,000
TOTAL PROJECT BALANCES 24,751,561$ 1,541,858$ 23,209,703$
MUNICIPAL FACILITIES CIP PROJECT BUDGETS AT JUNE 30, 2021
Quarterly Financial Report City of Renton, Washington 2nd Quarter 2021
Page 24 of 43
Capital Improvement Fund
This fund accounts for the City’s Transportation capital projects.
A listing of project budgets and balances at June 30 is provided on the following page.
2020 2021 2021 YTD
YTD ACTUAL ANNUAL BUDGET YTD ACTUAL PRIOR YEAR BUDGET % BUDGET
REVENUES:
Grants / intergovernmental 880,701$ 28,258,159$ 4,903,791$ 4,023,090$ (23,354,368)$ 17.35%
Charges for services 250,000 ‐ ‐ (250,000) ‐ N/A
Fines and penalties 9,012 ‐ 22,801 13,789 22,801 N/A
Investment Earnings 96,183 ‐ 34,742 (61,441) 34,742 N/A
TOTAL REVENUES 1,235,896 28,258,159 4,961,334 3,725,438 (23,296,825) 17.56%
EXPENDITURES:
Personnel 53,386 56,000 31,407 (21,979) 24,593 56.08%
Supplies 104,071 40,000 1,670 (102,401) 38,330 4.18%
Contracted Services 84,351 53,684 31,953 (52,398) 21,731 59.52%
Capital Outlay 2,080,070 45,270,908 6,008,584 3,928,514 39,262,324 13.27%
TOTAL EXPENDITURES 2,321,878 45,420,592 6,073,614 3,751,736 39,346,978 13.37%
Transfers In 0 2,172,869 ‐ (0) (2,172,869) 0.00%
NET TRANSFERS ‐ 2,172,869 ‐ ‐ (2,172,869) 0.00%
CHANGE IN FUND BALANCE (1,085,982) (14,989,564) (1,112,280) (26,298) 13,877,284 N/A
BEGINNING FUND BALANCE, Jan 1 18,947,853 16,792,413 16,792,413 (2,155,440) ‐ 100.00%
ENDING FUND BALANCE, Jun 30 17,861,871$ 1,802,849$ 15,680,133$ (2,181,738)$ 13,877,284$ 869.74%
CAPITAL IMPROVEMENT
VARIANCE
FAVORABLE (UNFAVORABLE)
Quarterly Financial Report City of Renton, Washington 2nd Quarter 2021
Page 25 of 43
Capital Improvement Fund (continued)
PROJECT BUDGET ACTUAL BALANCE
WALKWAY PGM 267,096$ -$ 267,096$
NE 31ST ST CULVERT 12,228 12,090 138
ARTERIAL CIRCULATION PGM 79,564 28,204 51,360
BRIDGE INSPECTION & REPAIR 245,909 17,863 228,046
ROADWAY SAFETY & GUARDRAIL 89,407 - 89,407
CATCH BASIN REPAIR 250,000 - 250,000
RENTON CONNECTOR 1,747,812 1,388 1,746,424
STREET OVERLAY PGM 1,465,902 16,410 1,449,492
TRAFFIC SAFETY PGM 117,808 3,144 114,664
PROJ DEV & PRE-DESIGN 186,201 - 186,201
SO 7TH ST 835,000 - 835,000
ITS PGM 86,128 - 86,128
RENTON AVE EXT PRES 40,920 28,633 12,287
PARK AVE EXTENSION 7,394,795 784,741 6,610,054
RAINIER AVE S/N PHASE 4 4,568,763 320,925 4,247,838
INTERSECT SAFETY & MOBILITY 355,610 1,491 354,119
NE 31ST ST BRIDGE REPLACEMENT 248,046 22,176 225,870
N 27TH PL CULVERT SCOUR REPAIR 66,622 32,128 34,494
DUVALL AVE 7TH TO SUNSET 6,499,523 54,875 6,444,648
BARRIER FREE 113,883 42,465 71,418
SIDEWALK REHAB 100,000 - 100,000
LAKE WASHINGTON LOOP TRAIL 2,569,361 397,008 2,172,353
HIGHLANDS TO LANDING 422,490 133,006 289,484
SUNSET BLVD CORRIDOR 4,421,053 31,202 4,389,851
PRES OF TOD 173,497 40,368 133,129
WILLIAMS AVE S & WELLS AVE S CONV 6,495,074 3,373,217 3,121,857
ARTERIAL REHAB - SW 43RD 1,169,960 - 1,169,960
BRONSON BRIDGE 463,766 23,802 439,964
HOUSER WAY N BRIDGE 531,247 3,645 527,602
WILLIAMS BRIDGE 649,992 3,645 646,347
S 2ND STREET CONVERSION 1,545,494 1,265 1,544,229
HOUSER WAY INT & PED IMP 730,465 14,504 715,961
RENTON SCHOOL CROSSINGS 688,384 276,934 411,450
SAFE ROUTES TO TRANSIT 763,592 393,980 369,612
SOUND TRANSIT NE 44TH STREET 25,000 14,505 10,495
TOTAL PROJECT BALANCES 45,420,592$ 6,073,614$ 39,346,978$
Quarterly Financial Report City of Renton, Washington 2nd Quarter 2021
Page 26 of 43
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. The fund has been closed and the
remaining fund balance was transferred to the General Fund.
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.
Capital Outlay – The decrease in capital outlay from the prior year is due to timing of project costs within the overall project.
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.
2020 2021 2021 YTD
YTD ACTUAL ANNUAL BUDGET YTD ACTUAL PRIOR YEAR BUDGET % BUDGET
REVENUES:
Investment Earnings 259$ ‐$ ‐$ (259)$ ‐$ N/A
TOTAL REVENUES 259 ‐ ‐ (259) ‐ N/A
TOTAL EXPENDITURES ‐ ‐ ‐ ‐ ‐ N/A
Transfers Out ‐ 16,679 16,679 16,679 ‐ 100.00%
NET TRANSFERS ‐ (16,679) (16,679) (16,679) ‐ N/A
CHANGE IN FUND BALANCE 259 (16,679) (16,679) (16,938) ‐ N/A
BEGINNING FUND BALANCE, Jan 1 16,408 16,679 16,679 271 ‐ 100.00%
ENDING FUND BALANCE, Jun 30 16,667$ ‐$ ‐$ (16,667)$ ‐$ N/A
NEW LIBRARY DEVELOPMENT
VARIANCE
FAVORABLE (UNFAVORABLE)
2020 2021 2021 YTD
YTD ACTUAL ANNUAL BUDGET YTD ACTUAL PRIOR YEAR BUDGET % BUDGET
REVENUES:
Grants / intergovernmental ‐$ 75,000$ ‐$ ‐$ (75,000)$ 0.00%
Investment Earnings 43,113 ‐ 17,234 (25,879) 17,234 N/A
TOTAL REVENUES 43,113 75,000 17,234 (25,879) (57,766) 22.98%
EXPENDITURES:
Contracted Services ‐ ‐ 2,904 2,904 (2,904) N/A
Capital Outlay 232,728 872,775 49,758 (182,970) 823,017 5.70%
TOTAL EXPENDITURES 232,728 872,775 52,662 (180,066) 820,113 6.03%
NET TRANSFERS ‐ ‐ ‐ ‐ ‐ N/A
CHANGE IN FUND BALANCE (189,615) (797,775) (35,428) 154,187 762,347 N/A
BEGINNING FUND BALANCE, Jan 1 8,551,401 8,356,704 8,356,704 (194,697) ‐ 100.00%
ENDING FUND BALANCE, Jun 30 8,361,786$ 7,558,929$ 8,321,276$ (40,510)$ 762,347$ 110.09%
FAMILY FIRST CENTER
VARIANCE
FAVORABLE (UNFAVORABLE)
Quarterly Financial Report City of Renton, Washington 2nd Quarter 2021
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 Outlay”.
Airport Fund
This fund accounts for revenues and expenses for administration, debt service, operation, capital improvements, and
maintenance of the Renton Municipal Airport.
Capital Outlay ‐ A listing of project budgets and balances at June 30 is provided on the following page.
2020 2021 2021 YTD
YTD ACTUAL ANNUAL BUDGET YTD ACTUAL PRIOR YEAR BUDGET % BUDGET
REVENUES:
Charges for services 38,152$ 145,557$ 38,529$ 377$ (107,028)$ 26.47%
Rents, leases, and misc fees 1,456,675 2,902,353 1,612,042 155,367 (1,290,311) 55.54%
Interest and other misc 33,460 4,857 17,135 (16,325) 12,278 352.79%
TOTAL REVENUES 1,528,287 3,109,929 1,667,706 139,419 (1,442,223) 53.63%
EXPENSES:
Personnel 480,207 1,322,337 531,374 (51,167) 790,963 40.18%
Supplies 18,425 35,630 10,069 8,356 25,561 28.26%
Contracted Services 198,523 1,084,312 182,987 15,536 901,325 16.88%
Internal Services 164,582 398,964 199,228 (34,646) 199,736 49.94%
TOTAL OPERATING EXPENSES 861,737 2,841,243 923,658 (61,921) 1,917,585 32.51%
AMOUNT AVAILABLE FOR DEBT SERVICE,
CAPITAL, AND TRANSFERS 666,550 268,686 744,048 77,498 475,362 276.92%
TOTAL DEBT SERVICE ‐ ‐ ‐ ‐ ‐ N/A
CAPITAL OUTLAY 161,865 6,524,125 255,671 (93,806) 6,268,454 3.92%
TRANSFERS OUT 1,363 ‐ ‐ 1,363 ‐ N/A
NET TRANSFERS (1,363) ‐ ‐ 1,363 ‐ N/A
CHANGE IN FUND BALANCE 503,322 (6,255,439) 488,377 (14,945) 6,743,816 N/A
BEGINNING FUND BALANCE, Jan 1 6,259,402 7,558,405 7,558,405 1,299,003 ‐ 100.00%
ENDING FUND BALANCE, Jun 30 6,762,724$ 1,302,966$ 8,046,782$ 1,284,058$ 6,743,816$ 617.57%
Operating Reserve 190,480 223,124 223,124
AVAILABLE FUND BALANCE 6,572,244$ 1,079,842$ 7,823,658$
VARIANCE
AIRPORT
Quarterly Financial Report City of Renton, Washington 2nd Quarter 2021
Page 28 of 43
Airport Fund (continued)
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.
Capital Outlay ‐ The Solid Waste Fund does not have a capital fund.
PROJECT BUDGET ACTUAL BALANCE
MAINTENANCE DREDGING & SHORELINE MITIGAT 163,000$ 27,789$ 135,211$
AIRPORT OFFICE REHAB 2,718,316 - 2,718,316
MAJOR FACILITY MAINTENANCE 511,135 168,185 342,950
SURFACE WATER SYSTEM REHABILITATION 94,496 - 94,496
PAVEMENT MANAGEMENT PROGRAM 805,930 61,802 744,128
SNOW REMOVAL EQUIPMENT 167,000 - 167,000
MASTER PLAN UPDATE 182,394 5,265 177,129
TAXIWAY ALPHA REHABILITATION 1,317,495 - 1,317,495
RUNWAY SAFETY AREA 774,359 - 774,359
ENVIRONMENTAL IMPACT STUDY 400,000 - 400,000
TOTAL PROJECT BALANCES 7,134,125$ 263,041$ 6,871,084$
Non-capital items included in project budgets (610,000) (7,370) (602,630)
Operating fund equipment purchase - - -
TOTAL CAPITAL OUTLAY 6,524,125$ 255,671$ 6,268,454$
AIRPORT PROJECT BALANCES AT JUNE 30, 2021
2020 2021 2021 YTD
YTD ACTUAL ANNUAL BUDGET YTD ACTUAL PRIOR YEAR BUDGET % BUDGET
REVENUES:
Grants / intergovernmental 89,664$ 313,136$ 69,496$ (20,168)$ (243,640)$ 22.19%
Charges for services 10,393,666 22,636,386 8,792,529 (1,601,137) (13,843,857) 38.84%
Interest and other misc 16,160 5,000 5,712 (10,448) 712 114.24%
TOTAL REVENUES 10,499,490 22,954,522 8,867,737 (1,631,753) (14,086,785) 38.63%
EXPENSES:
Personnel 292,151 727,085 252,805 39,346 474,280 34.77%
Supplies 3,252 11,900 471 2,781 11,429 3.96%
Contracted Services 8,882,553 21,855,539 8,112,554 769,999 13,742,985 37.12%
Internal Services 252,280 307,806 159,641 92,639 148,165 51.86%
TOTAL OPERATING EXPENSES 9,430,236 22,902,330 8,525,471 904,765 14,376,859 37.23%
AMOUNT AVAILABLE FOR DEBT SERVICE,
CAPITAL, AND TRANSFERS 1,069,254 52,192 342,266 (726,988) 290,074 655.79%
TOTAL DEBT SERVICE ‐ ‐ ‐ ‐ ‐ N/A
CAPITAL OUTLAY ‐ ‐ ‐ ‐ ‐ N/A
NET TRANSFERS ‐ ‐ ‐ ‐ ‐ N/A
CHANGE IN FUND BALANCE 1,069,254 52,192 342,266 (726,988) 290,074 655.78%
BEGINNING FUND BALANCE, Jan 1 2,266,127 2,771,562 2,771,562 505,435 ‐ 100.00%
ENDING FUND BALANCE, Jun 30 3,335,381$ 2,823,754$ 3,113,828$ (221,553)$ 290,074$ 110.27%
Operating Reserve 400,000 400,000 400,000
AVAILABLE FUND BALANCE 2,935,381$ 2,423,754$ 2,713,828$
SOLID WASTE
VARIANCE
Quarterly Financial Report City of Renton, Washington 2nd Quarter 2021
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.
Capital Outlay – A listing of project budgets and balances at June 30 is as follows:
2020 2021 2021 YTD
YTD ACTUAL ANNUAL BUDGET YTD ACTUAL PRIOR YEAR BUDGET % BUDGET
REVENUES:
Charges for services 865,395$ 2,304,205$ 1,392,910$ 527,515$ (911,295)$ 60.45%
Rents, leases, and misc fees 127,900 527,600 162,057 34,157 (365,543) 30.72%
Interest and other misc 1,977 226,679 2,196 219 (224,483) 0.97%
TOTAL REVENUES 995,272 3,058,484 1,557,163 561,891 (1,501,321) 50.91%
EXPENSES:
Personnel 672,654 1,673,092 744,799 (72,145) 928,293 44.52%
Supplies 159,956 321,500 185,817 (25,861) 135,683 57.80%
Contracted Services 81,711 176,150 83,706 (1,995) 92,444 47.52%
Internal Services 176,281 350,457 175,129 1,152 175,328 49.97%
TOTAL OPERATING EXPENSES 1,090,602 2,521,199 1,189,451 (98,849) 1,331,748 47.18%
AMOUNT AVAILABLE FOR DEBT SERVICE,
CAPITAL, AND TRANSFERS (95,330) 537,285 367,712 463,042 (169,573) 68.44%
TOTAL DEBT SERVICE ‐ 30,811 ‐ ‐ 30,811 0.00%
CAPITAL OUTLAY ‐ 270,309 12,662 (12,662) 257,647 4.68%
TRANSFERS IN 38,000 68,100 34,050 (3,950) (34,050) 50.00%
TRANSFERS OUT 40,695 68,100 34,050 6,645 34,050 50.00%
NET TRANSFERS (2,695) ‐ ‐ 2,695 ‐ N/A
CHANGE IN FUND BALANCE (98,025) 236,165 355,050 453,075 118,885 150.34%
BEGINNING FUND BALANCE, Jan 1 173,750 476,746 476,746 302,996 ‐ 100.00%
ENDING FUND BALANCE, Jun 30 75,725$ 712,911$ 831,796$ 756,071$ 118,885$ 116.68%
Operating Reserve 585,769 641,500 641,500
AVAILABLE FUND BALANCE (510,044)$ 71,411$ 190,296$
GOLF COURSE
VARIANCE
PROJECT BUDGET ACTUAL BALANCE
MACHINERY & EQUIPMENT 250,309$ -$ 250,309$
GOLF MM COURSE - MAINTENANCE 43,100 - 43,100
TOTAL PROJECT BALANCES 293,409$ -$ 293,409$
Non-capital items included in project budgets (43,100) - (43,100)
Operating fund equipment purchase 20,000 12,662 7,338
TOTAL CAPITAL OUTLAY 270,309$ 12,662$ 257,647$
GOLF PROJECT BALANCES AT JUNE 30, 2021
Quarterly Financial Report City of Renton, Washington 2nd Quarter 2021
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.
Capital Outlay ‐ A listing of project budgets and balances at June 30 is provided on the following page.
2020 2021 2021 YTD
YTD ACTUAL ANNUAL BUDGET YTD ACTUAL PRIOR YEAR BUDGET % BUDGET
REVENUES:
Charges for services 7,427,277$ 17,314,812$ 7,841,786$ 414,509$ (9,473,026)$ 45.29%
Rents, leases, and misc fees 84,059 136,591 92,910 8,851 (43,681) 68.02%
Interest and other misc 485,804 521,000 408,901 (76,903) (112,099) 78.48%
TOTAL REVENUES 7,997,140 17,972,403 8,343,597 346,457 (9,628,806) 46.42%
EXPENSES:
Personnel 2,157,864 4,753,110 2,308,320 (150,456) 2,444,790 48.56%
Supplies 341,899 885,590 401,156 (59,257) 484,434 45.30%
Contracted Services 1,420,775 3,293,552 1,410,782 9,993 1,882,770 42.83%
Internal Services 1,107,657 2,710,733 1,343,198 (235,541) 1,367,535 49.55%
TOTAL OPERATING EXPENSES 5,028,195 11,642,985 5,463,456 (435,261) 6,179,529 46.92%
AMOUNT AVAILABLE FOR DEBT SERVICE,
CAPITAL, AND TRANSFERS 2,968,945 6,329,418 2,880,141 (88,804) (3,449,277) 45.50%
DEBT SERVICE:
Principal 345,818 1,563,068 345,818 ‐ 1,217,250 22.12%
Interest 105,595 216,506 98,375 7,220 118,131 45.44%
TOTAL DEBT SERVICE 451,413 1,779,574 444,193 7,220 1,335,381 24.96%
CAPITAL OUTLAY 1,703,057 35,563,246 1,969,673 (266,616) 33,593,573 5.54%
TRANSFERS OUT 330 ‐ ‐ 330 ‐ N/A
NET TRANSFERS (330) ‐ ‐ 330 ‐ N/A
CHANGE IN FUND BALANCE 814,145 (31,013,402) 466,275 (347,870) 31,479,677 N/A
BEGINNING FUND BALANCE, Jan 1 37,569,067 40,776,314 40,776,314 3,207,247 ‐ 100.00%
ENDING FUND BALANCE, Jun 30 38,383,212$ 9,762,912$ 41,242,589$ 2,859,377$ 31,479,677$ 422.44%
Restricted for Debt Service 1,394,050 1,394,050 1,394,050
Operating Reserve 3,072,760 1,614,304 1,614,304
AVAILABLE FUND BALANCE 33,916,402$ 6,754,558$ 38,234,235$
WATER UTILITY
VARIANCE
Quarterly Financial Report City of Renton, Washington 2nd Quarter 2021
Page 31 of 43
Water Utility Fund (continued)
PROJECT BUDGET ACTUAL BALANCE
PIPE OVERSIZING COSTS 100,000$ -$ 100,000$
TELEMETRY IMPROVEMENTS-PHASE 4 227,965 4,796 223,169
WATER SYSTEM PLAN UPDATE 334,254 40,779 293,475
UPDATE EMERGENCY RESPONSE PLAN 221,490 12,953 208,537
STEEL/AC WATERMAIN REPLC PLAN 1,553,482 1,100 1,552,382
RESERVOIR RECOATING 194,600 - 194,600
EMERGENCY RESPONSE PROJ 100,000 - 100,000
DOWNTOWN WATER MAIN REPLACEMENT 3,309,613 1,026,370 2,283,243
WATER PUMP STATIONS REHAB 400,000 5,640 394,360
RESERVOIR PRV METERS 337,235 9,983 327,252
MPLWD WATER TREATMENT IMPROV - CONST 715,241 1,924 713,317
HIGHLANDS WATER MAIN IMPROVEMENT 1,078,738 346,101 732,637
DUVALL AVE NE WATER MAIN REPLACEMENT 457,600 - 457,600
EMERGENCY POWER TO PUMP STATION 290,586 - 290,586
WATER SYSTEM SECURITY IMPROVEMENTS 100,000 - 100,000
AQUIFER MONITORING AND MANAGEMENT 30,000 - 30,000
WATER TREATMENT FILTER MEDIA 392,936 1,093 391,843
WSDOT I-405 WATER RELOCATIONS 536,810 338 536,472
AUTOMATIC METER READING CONVERSION 196,115 - 196,115
HIGHLANDS 435-RESERVOIRS REPLACEMENT 23,065,776 54,046 23,011,730
RAINIER AVE S ROAD & UTILITIES IMPRVMNT 300,000 - 300,000
KENNYDALE 320-RESERVOIR 1,390,842 510,587 880,255
BRONSN/HOUSR/WILLIAM BRIDGES WTRMAINREPL 200,000 - 200,000
TOTAL PROJECT BALANCES 35,533,283$ 2,015,710$ 33,517,573$
Non-capital items included in project budgets - (46,037) 46,037
Operating fund equipment purchase 29,963 - 29,963
TOTAL CAPITAL OUTLAY 35,563,246$ 1,969,673$ 33,593,573$
WATER UTILITY FUND PROJECT BALANCES AT JUNE 30, 2021
Quarterly Financial Report City of Renton, Washington 2nd Quarter 2021
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.
Capital Outlay ‐ A listing of project budgets and balances at June 30 is provided on the following page.
2020 2021 2021 YTD
YTD ACTUAL ANNUAL BUDGET YTD ACTUAL PRIOR YEAR BUDGET % BUDGET
REVENUES:
Licenses and permits 48,275$ 62,111$ 36,375$ (11,900)$ (25,736)$ 58.56%
Charges for services 5,366,799 11,280,375 5,455,571 88,772 (5,824,804) 48.36%
Fines and penalties 155 ‐ 1,439 1,284 1,439 N/A
Interest and other misc 333,293 444,000 456,735 123,442 12,735 102.87%
TOTAL REVENUES 5,748,522 11,786,486 5,950,120 201,598 (5,836,366) 50.48%
EXPENSES:
Personnel 1,145,636 2,651,185 1,119,834 25,802 1,531,351 42.24%
Supplies 28,002 73,842 47,122 (19,120) 26,720 63.81%
Contracted Services 975,116 2,992,529 1,044,710 (69,594) 1,947,819 34.91%
Internal Services 784,138 1,967,843 1,003,121 (218,983) 964,722 50.98%
TOTAL OPERATING EXPENSES 2,932,892 7,685,399 3,214,787 (281,895) 4,470,612 41.83%
AMOUNT AVAILABLE FOR DEBT SERVICE,
CAPITAL, AND TRANSFERS 2,815,630 4,101,087 2,735,333 (80,297) (1,365,754) 66.70%
DEBT SERVICE:
Principal ‐ 612,850 ‐ ‐ 612,850 0.00%
Interest 45,398 97,301 42,551 2,847 54,750 43.73%
TOTAL DEBT SERVICE 45,398 710,151 42,551 2,847 667,600 5.99%
CAPITAL OUTLAY 301,238 20,241,883 1,981,361 (1,680,123) 18,260,522 9.79%
NET TRANSFERS ‐ ‐ ‐ ‐ ‐ N/A
CHANGE IN FUND BALANCE 2,468,994 (16,850,947) 711,421 (1,757,573) 17,562,368 N/A
BEGINNING FUND BALANCE, Jan 1 19,832,351 23,996,217 23,996,217 4,163,866 ‐ 100.00%
ENDING FUND BALANCE, Jun 30 22,301,345$ 7,145,270$ 24,707,638$ 2,406,293$ 17,562,368$ 345.79%
Restricted for Debt Service 661,227 661,227 661,227
Operating Reserve 1,489,966 914,224 914,224
AVAILABLE FUND BALANCE 20,150,152$ 5,569,819$ 23,132,187$
WASTEWATER UTILITY
VARIANCE
Quarterly Financial Report City of Renton, Washington 2nd Quarter 2021
Page 33 of 43
Wastewater Utility Fund (continued)
PROJECT BUDGET ACTUAL BALANCE
MISCELANEOUS SEWER PROJECTS 379,419$ 461$ 378,958$
2008 LONG-RANGE WW MANAG PLAN 62,597 58,928 3,669
WASTEWATER OPERATIONS MASTER PLAN 724,622 467 724,155
FALCON RIDGE LS REHAB - - -
THUNDER HILL INT REPL/REHAB 3,074,074 35,552 3,038,522
FORCE MAIN REHABILITATION REPLACEMENT 1,883,308 15,016 1,868,292
LIFT STATION REHABILITATION 1,879,795 15,709 1,864,086
DOWNTOWN SEWER REPLACEMENT/REHAB 7,192,313 1,682,634 5,509,679
2019 SANITARY SEWER REHAB/REPLACEMENT - - -
2020 SANITARY SEWER REHAB/REPLACEMENT - - -
KENNYDALE LAKELINE SEWER UPGRADE 3,344,460 201,050 3,143,410
SANITARY SEWER REHAB/REPLACEMENT 2,478,314 6,528 2,471,786
TOTAL PROJECT BALANCES 21,018,902$ 2,016,345$ 19,002,557$
Non-capital items included in project budgets (787,219) (34,984) (752,235)
Operating fund equipment purchase 10,200 - 10,200
TOTAL CAPITAL OUTLAY 20,241,883$ 1,981,361$ 18,260,522$
WASTEWATER UTILITY FUND PROJECT BALANCES AT JUNE 30, 2021
Quarterly Financial Report City of Renton, Washington 2nd Quarter 2021
Page 34 of 43
King County 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.
Capital Outlay ‐ The King County Metro Fund does not have a capital fund.
2020 2021 2021 YTD
YTD ACTUAL ANNUAL BUDGET YTD ACTUAL PRIOR YEAR BUDGET % BUDGET
REVENUES:
Charges for services 8,416,524$ 17,607,838$ 8,571,287$ 154,763$ (9,036,551)$ 48.68%
Interest and other misc 32,451 ‐ 9,219 (23,232) 9,219 N/A
TOTAL REVENUES 8,448,975 17,607,838 8,580,506 131,531 (9,027,332) 48.73%
EXPENSES:
Contracted Services 9,525,536 17,607,838 8,699,340 826,196 8,908,498 49.41%
TOTAL OPERATING EXPENSES 9,525,536 17,607,838 8,699,340 826,196 8,908,498 49.41%
AMOUNT AVAILABLE FOR DEBT SERVICE,
CAPITAL, AND TRANSFERS (1,076,561) ‐ (118,834) 957,727 (118,834) N/A
TOTAL DEBT SERVICE ‐ ‐ ‐ ‐ ‐ N/A
CAPITAL OUTLAY ‐ ‐ ‐ ‐ ‐ N/A
NET TRANSFERS ‐ ‐ ‐ ‐ ‐ N/A
CHANGE IN FUND BALANCE (1,076,561) ‐ (118,834) 957,727 (118,834) N/A
BEGINNING FUND BALANCE, Jan 1 5,961,906 4,729,749 4,729,749 (1,232,157) ‐ 100.00%
ENDING FUND BALANCE, Jun 30 4,885,345$ 4,729,749$ 4,610,915$ (274,430)$ (118,834)$ 97.49%
Operating Reserve 380,000 380,000 380,000
AVAILABLE FUND BALANCE 4,505,345$ 4,349,749$ 4,230,915$
KING COUNTY METRO
VARIANCE
Quarterly Financial Report City of Renton, Washington 2nd Quarter 2021
Page 35 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.
Capital Outlay ‐ A listing of project budgets and balances at June 30 is provided on the following page.
2020 2021 2021 YTD
YTD ACTUAL ANNUAL BUDGET YTD ACTUAL PRIOR YEAR BUDGET % BUDGET
REVENUES:
Licenses and permits 35,225$ 50,708$ 16,125$ (19,100)$ (34,583)$ 31.80%
Grants / intergovernmental 642,014 11,515,800 719,282 77,268 (10,796,518) 6.25%
Charges for services 5,907,533 12,101,509 6,380,972 473,439 (5,720,537) 52.73%
Interest and other misc 238,321 609,250 380,867 142,546 (228,383) 62.51%
TOTAL REVENUES 6,823,093 24,277,267 7,497,246 674,153 (16,780,021) 30.88%
EXPENSES:
Personnel 1,796,117 3,730,881 1,883,585 (87,468) 1,847,296 50.49%
Supplies 58,558 175,848 48,591 9,967 127,257 27.63%
Contracted Services 867,617 4,251,356 878,894 (11,277) 3,372,462 20.67%
Internal Services 955,142 2,651,030 1,347,036 (391,894) 1,303,994 50.81%
TOTAL OPERATING EXPENSES 3,677,434 10,809,115 4,158,106 (480,672) 6,651,009 38.47%
AMOUNT AVAILABLE FOR DEBT SERVICE,
CAPITAL, AND TRANSFERS 3,145,659 13,468,152 3,339,140 193,481 (10,129,012) 24.79%
DEBT SERVICE:
Principal ‐ 499,900 ‐ ‐ 499,900 0.00%
Interest 313,768 630,950 50,985 262,783 579,965 8.08%
TOTAL DEBT SERVICE 313,768 1,130,850 50,985 262,783 1,079,865 4.51%
CAPITAL OUTLAY 774,712 19,699,466 2,634,633 (1,859,921) 17,064,833 13.37%
Transfers Out ‐ 18,347 18,347 (18,347) ‐ 100.00%
NET TRANSFERS ‐ (18,347) (18,347) (18,347) ‐ N/A
CHANGE IN FUND BALANCE 2,057,179 (7,380,511) 635,175 (1,422,004) 8,015,686 N/A
BEGINNING FUND BALANCE, Jan 1 18,377,556 21,610,356 21,610,356 3,232,800 ‐ 100.00%
ENDING FUND BALANCE, Jun 30 20,434,735$ 14,229,845$ 22,245,531$ 1,810,796$ 8,015,686$ 156.33%
Restricted for Debt Service 754,868 754,868 754,868
Operating Reserve 1,252,915 1,116,680 1,116,680
AVAILABLE FUND BALANCE 18,426,952$ 12,358,297$ 20,373,983$
SURFACE WATER UTILITY
VARIANCE
Quarterly Financial Report City of Renton, Washington 2nd Quarter 2021
Page 36 of 43
Surface Water Utility Fund (continued)
PROJECT BUDGET ACTUAL BALANCE
COMP S&SW MGMT PLAN P&D 28,474$ 5,035$ 23,439$
SM DRAINAGE PROBLEMS 578,564 14,988 563,576
PANTHER CR WL MOSQUITO ABATEMENT 95,776 7,766 88,010
MADSEN CREEK SEDIMENT BASIN 121,675 5,327 116,348
SMALL DRAINAGE PROJ-MAPLEWOOD SEDIMENT 155,120 5,490 149,630
WETLAND MITIGATION BANK 109,586 18,775 90,811
ACOE 205 PROJECT 58,737 2,557 56,180
CEDAR RIVER GRAVEL REMOVAL 2,681,201 60,701 2,620,500
RENTON STORM WATER MANUAL 68,147 1,813 66,334
GREEN RIVER ECOSYSTEM STUDY 48,177 - 48,177
MISCELLANEOUS/EMERGENCY/STORM PROJECTS 100,000 - 100,000
SURFACE WATER UTILITY GIS 121,755 66,457 55,298
HARDIE AVE S UNDERPASS STORM SYSTEM IMPR 2,391 - 2,391
MONROE AVE/N 2ND ST 826,497 224,687 601,810
STORMWATER FACILITY FENCING PROJECT 262,200 8,620 253,580
CEDAR RIVER 205 LEVEE RECERTIFICATION 4,532,900 35,797 4,497,103
SE 172ND ST/125TH AVE SE 140,399 73,290 67,109
RAINIER AVE/OAKSDALE AVE PUMP STATION UP 147,121 21,673 125,448
NE 16TH/JEFFERSON AVE NE 2,623,430 560,627 2,062,803
DOWNTOWN STORM SYSTEM IMPROVEMENT PROJEC 5,705,777 1,505,701 4,200,076
HEATHER DOWNS DETENTION POND 786,921 15,347 771,574
MADSEN CRK IMPROV PHASE 1-KCFCD 843,598 57,734 785,864
RAINIER AVE/BENSON RD S - CULVERT REPL - - -
CMP STORM SYSTEM REPLACEMENT PROJECT 559,038 41,577 517,461
CEDAR RIVER FLOOD RISK REDUCTION 491,545 6,074 485,471
STORMWATER FACILITY RETROFIT STUDY 271,810 120,366 151,444
BURNETT AVE S/WILLIAMS AVE S 495,797 77,848 417,949
WSDOT LA ROW RUNOFF IMPACT MITIGATION 145,471 38,364 107,107
SW 23RD ST DRAINAGE AND FISH PASSAGE IMP 350,000 - 350,000
TOTAL PROJECT BALANCES 22,352,107$ 2,976,614$ 19,375,493$
Non-capital items included in project budgets (2,681,201) (341,981) (2,339,220)
Operating fund equipment purchase 28,560 - 28,560
TOTAL CAPITAL OUTLAY 19,699,466$ 2,634,633$ 17,064,833$
SURFACE WATER UTILITY PROJECT BALANCES AT JUNE 30, 2021
Quarterly Financial Report City of Renton, Washington 2nd Quarter 2021
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.
2020 2021 2021 YTD
YTD ACTUAL ANNUAL BUDGET YTD ACTUAL PRIOR YEAR BUDGET % BUDGET
REVENUES:
Charges for services 17,118$ ‐$ 39,326$ 22,208$ 39,326$ N/A
Interdepartmental services 2,184,394 6,451,395 3,264,164 1,079,770 (3,187,231) 50.60%
Interest and other misc 36,155 12,000 13,931 (22,224) 1,931 116.09%
TOTAL REVENUES 2,237,667 6,463,395 3,317,421 1,079,754 (3,145,974) 51.33%
EXPENSES:
Personnel 546,371 1,206,146 536,982 9,389 669,164 44.52%
Supplies 483,678 1,496,153 653,809 (170,131) 842,344 43.70%
Contracted Services 122,174 133,166 167,765 (45,591) (34,599) 125.98%
Internal Services 17,015 30,338 16,969 46 13,369 55.93%
TOTAL OPERATING EXPENSES 1,169,238 2,865,803 1,375,525 (206,287) 1,490,278 48.00%
AMOUNT AVAILABLE FOR DEBT SERVICE,
CAPITAL, AND TRANSFERS 1,068,429 3,597,592 1,941,896 873,467 (1,655,696) 53.98%
TOTAL DEBT SERVICE ‐ ‐ ‐ ‐ ‐ N/A
CAPITAL OUTLAY 925,942 2,423,743 253,304 672,638 2,170,439 10.45%
NET TRANSFERS ‐ ‐ ‐ ‐ ‐ N/A
CHANGE IN FUND BALANCE 142,487 1,173,849 1,688,592 1,546,105 514,743 143.85%
BEGINNING FUND BALANCE, Jan 1 6,851,811 6,376,259 6,376,259 (475,552) ‐ 100.00%
ENDING FUND BALANCE, Jun 30 6,994,298$ 7,550,108$ 8,064,851$ 1,070,553$ 514,743$ 106.82%
EQUIPMENT RENTAL
VARIANCE
Quarterly Financial Report City of Renton, Washington 2nd Quarter 2021
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.
2020 2021 2021 YTD
YTD ACTUAL ANNUAL BUDGET YTD ACTUAL PRIOR YEAR BUDGET % BUDGET
REVENUES:
Interdepartmental services 1,566,125$ 3,511,775$ 1,559,542$ (6,583)$ (1,952,233)$ 44.41%
Interest and other misc 112,256 22,000 161,984 49,728 139,984 736.29%
TOTAL REVENUES 1,678,381 3,533,775 1,721,526 43,145 (1,812,249) 48.72%
EXPENSES:
Personnel 466,215 1,411,787 578,481 (112,266) 833,306 40.98%
Supplies 374 6,956 30 344 6,926 0.43%
Contracted Services 826,477 2,279,772 1,216,330 (389,853) 1,063,442 53.35%
Internal Services ‐ ‐ ‐ ‐ ‐ N/A
TOTAL OPERATING EXPENSES 1,293,066 3,698,515 1,794,841 (501,775) 1,903,674 48.53%
AMOUNT AVAILABLE FOR DEBT SERVICE,
CAPITAL, AND TRANSFERS 385,315 (164,740) (73,315) (458,630) 91,425 N/A
TOTAL DEBT SERVICE ‐ ‐ ‐ ‐ ‐ N/A
CAPITAL OUTLAY ‐ ‐ ‐ ‐ ‐ N/A
NET TRANSFERS ‐ ‐ ‐ ‐ ‐ N/A
CHANGE IN FUND BALANCE 385,315 (164,740) (73,315) (458,630) 91,425 N/A
BEGINNING FUND BALANCE, Jan 1 19,095,508 19,860,208 19,860,208 764,700 ‐ 100.00%
ENDING FUND BALANCE, Jun 30 19,480,823$ 19,695,468$ 19,786,893$ 306,070$ 91,425$ 100.46%
Operating Reserves 16,479,631 17,708,251 17,708,251
AVAILABLE FUND BALANCE 3,001,192$ 1,987,217$ 2,078,642$
INSURANCE
VARIANCE
Quarterly Financial Report City of Renton, Washington 2nd Quarter 2021
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.
2020 2021 2021 YTD
YTD ACTUAL ANNUAL BUDGET YTD ACTUAL PRIOR YEAR BUDGET % BUDGET
REVENUES:
Licenses and permits 123,004$ 150,000$ 99,490$ (23,514)$ (50,510)$ 66.33%
Interdepartmental services 2,894,507 6,435,901 3,217,950 323,443 (3,217,951) 50.00%
Interest and other misc 25,253 7,000 33,023 7,770 26,023 471.76%
TOTAL REVENUES 3,042,764 6,592,901 3,350,463 307,699 (3,242,438) 50.82%
EXPENSES:
Personnel 1,488,031 3,292,443 1,426,796 61,235 1,865,647 43.34%
Supplies 224,440 757,555 205,389 19,051 552,166 27.11%
Contracted Services 1,134,132 2,486,071 1,015,449 118,683 1,470,622 40.85%
Internal Services 902 ‐ ‐ 902 ‐ N/A
TOTAL OPERATING EXPENSES 2,847,505 6,536,069 2,647,634 199,871 3,888,435 40.51%
AMOUNT AVAILABLE FOR DEBT SERVICE,
CAPITAL, AND TRANSFERS 195,259 56,832 702,829 507,570 645,997 1236.68%
TOTAL DEBT SERVICE ‐ ‐ ‐ ‐ ‐ N/A
CAPITAL OUTLAY 30,872 838,000 94,904 (64,032) 743,096 11.33%
TRANSFERS IN 12,433 21,477 60,685 48,252 39,208 282.56%
NET TRANSFERS 12,433 21,477 60,685 48,252 39,208 282.56%
CHANGE IN FUND BALANCE 176,820 (759,691) 668,610 491,790 1,428,301 N/A
BEGINNING FUND BALANCE, Jan 1 4,490,062 3,939,941 3,939,941 (550,121) ‐ 100.00%
ENDING FUND BALANCE, Jun 30 4,666,882$ 3,180,250$ 4,608,551$ (58,331)$ 1,428,301$ 144.91%
INFORMATION TECHNOLOGY
VARIANCE
Quarterly Financial Report City of Renton, Washington 2nd Quarter 2021
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.
2020 2021 2021 YTD
YTD ACTUAL ANNUAL BUDGET YTD ACTUAL PRIOR YEAR BUDGET % BUDGET
REVENUES:
Grants / intergovernmental 21,835$ ‐$ ‐$ (21,835)$ ‐$ N/A
Interdepartmental services 2,708,104 5,992,730 2,996,365 288,261 (2,996,365) 50.00%
Rents, leases, and misc fees 1 ‐ ‐ (1) ‐ N/A
Interest and other misc 6,783 4,000 620 (6,163) (3,380) 15.50%
TOTAL REVENUES 2,736,723 5,996,730 2,996,985 260,262 (2,999,745) 49.98%
EXPENSES:
Personnel 1,478,774 3,861,996 1,434,806 43,968 2,427,190 37.15%
Supplies 293,729 307,068 177,143 116,586 129,925 57.69%
Contracted Services 625,575 1,869,621 578,197 47,378 1,291,424 30.93%
Internal Services 35,671 130,384 64,841 (29,170) 65,543 49.73%
TOTAL OPERATING EXPENSES 2,433,749 6,169,069 2,254,987 178,762 3,914,082 36.55%
AMOUNT AVAILABLE FOR DEBT SERVICE,
CAPITAL, AND TRANSFERS 302,974 (172,339) 741,998 439,024 914,337 N/A
TOTAL DEBT SERVICE ‐ ‐ ‐ ‐ ‐ N/A
CAPITAL OUTLAY 5,704 ‐ 40,063 (34,359) (40,063) N/A
Transfers In 8,596 ‐ ‐ (8,596) ‐ N/A
NET TRANSFERS 8,596 ‐ ‐ (8,596) ‐ N/A
CHANGE IN FUND BALANCE 305,866 (172,339) 701,935 396,069 874,274 N/A
BEGINNING FUND BALANCE, Jan 1 1,220,276 504,167 504,167 (716,109) ‐ 100.00%
ENDING FUND BALANCE, Jun 30 1,526,142$ 331,828$ 1,206,102$ (320,040)$ 874,274$ 363.47%
FACILITIES
VARIANCE
Quarterly Financial Report City of Renton, Washington 2nd Quarter 2021
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.
2020 2021 2021 YTD
YTD ACTUAL ANNUAL BUDGET YTD ACTUAL PRIOR YEAR BUDGET % BUDGET
REVENUES:
Interdepartmental services 566,721$ 1,154,732$ 577,366$ 10,645$ (577,366)$ 50.00%
Interest and other misc 4,133 1,000 245 (3,888) (755) 24.50%
TOTAL REVENUES 570,854 1,155,732 577,611 6,757 (578,121) 49.98%
EXPENSES:
Personnel 444,546 810,882 335,367 109,179 475,515 41.36%
Supplies 16,622 55,432 11,147 5,475 44,285 20.11%
Contracted Services 131,920 284,512 85,382 46,538 199,130 30.01%
Internal Services 1,971 2,000 1,000 971 1,000 50.00%
TOTAL OPERATING EXPENSES 595,059 1,152,826 432,896 162,163 719,930 37.55%
AMOUNT AVAILABLE FOR DEBT SERVICE,
CAPITAL, AND TRANSFERS (24,205) 2,906 144,715 168,920 141,809 4979.87%
TOTAL DEBT SERVICE ‐ ‐ ‐ ‐ ‐ N/A
CAPITAL OUTLAY ‐ ‐ ‐ ‐ ‐ N/A
Transfers Out 4,229 ‐ ‐ 4,229 ‐ N/A
NET TRANSFERS (4,229) ‐ ‐ 4,229 ‐ N/A
CHANGE IN FUND BALANCE (28,434) 2,906 144,715 173,149 141,809 4979.87%
BEGINNING FUND BALANCE, Jan 1 803,561 151,624 151,624 (651,937) ‐ 100.00%
ENDING FUND BALANCE, Jun 30 775,127$ 154,530$ 296,339$ (478,788)$ 141,809$ 191.77%
COMMUNICATIONS
VARIANCE
Quarterly Financial Report City of Renton, Washington 2nd Quarter 2021
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.
2020 2021 2021 YTD
YTD ACTUAL ANNUAL BUDGET YTD ACTUAL PRIOR YEAR BUDGET % BUDGET
REVENUES:
Premiums 6,054,561$ 12,328,055$ 6,111,494$ 56,933$ (6,216,561)$ 49.57%
Interest and other misc 28,374 149,488 177,291 148,917 27,803 118.60%
TOTAL REVENUES 6,082,935 12,477,543 6,288,785 205,850 (6,188,758) 50.40%
EXPENSES:
Personnel 4,532,506 12,015,118 5,668,807 (1,136,301) 6,346,311 47.18%
Supplies 6,881 7,500 844 6,037 6,656 11.25%
Contracted Services 248,336 478,037 227,196 21,140 250,841 47.53%
Internal Services 30,215 80,176 40,088 (9,873) 40,088 50.00%
TOTAL OPERATING EXPENSES 4,817,938 12,580,831 5,936,935 (1,118,997) 6,643,896 47.19%
AMOUNT AVAILABLE FOR DEBT SERVICE,
CAPITAL, AND TRANSFERS 1,264,997 (103,288) 351,850 (913,147) 455,138 N/A
TOTAL DEBT SERVICE ‐ ‐ ‐ ‐ ‐ N/A
CAPITAL OUTLAY ‐ ‐ ‐ ‐ ‐ N/A
NET TRANSFERS ‐ ‐ ‐ ‐ ‐ N/A
CHANGE IN FUND BALANCE 1,264,997 (103,288) 351,850 (913,147) 455,138 N/A
BEGINNING FUND BALANCE, Jan 1 5,151,648 5,773,429 5,773,429 621,781 ‐ 100.00%
ENDING FUND BALANCE, Jun 30 6,416,645$ 5,670,141$ 6,125,279$ (291,366)$ 455,138$ 108.03%
Insurance Reserves 3,757,179 3,774,249 3,774,249
AVAILABLE FUND BALANCE 2,659,466$ 1,895,892$ 2,351,030$
HEALTH INSURANCE
VARIANCE
Quarterly Financial Report City of Renton, Washington 2nd Quarter 2021
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.
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 Kari Roller at kroller@rentonwa.gov.
2020 2021 2021 YTD
YTD ACTUAL ANNUAL BUDGET YTD ACTUAL PRIOR YEAR BUDGET % BUDGET
REVENUES:
Grants / intergovernmental 35,245$ 45,933$ ‐$ (35,245)$ (45,933)$ 0.00%
Premiums 812,342 2,640,000 1,312,342 500,000 (1,327,658) 49.71%
Interest and other misc 82,166 20,000 70,431 (11,735) 50,431 352.16%
TOTAL REVENUES 929,753 2,705,933 1,382,773 453,020 (1,323,160) 51.10%
EXPENSES:
Personnel 539,457 1,333,374 538,744 713 794,630 40.40%
Contracted Services 25,960 29,311 25,212 748 4,099 86.02%
TOTAL OPERATING EXPENSES 565,417 1,362,685 563,956 1,461 798,729 41.39%
AMOUNT AVAILABLE FOR DEBT SERVICE,
CAPITAL, AND TRANSFERS 364,336 1,343,248 818,817 454,481 (524,431) 60.96%
TOTAL DEBT SERVICE ‐ ‐ ‐ ‐ ‐ N/A
CAPITAL OUTLAY ‐ ‐ ‐ ‐ ‐ N/A
NET TRANSFERS ‐ ‐ ‐ ‐ ‐ N/A
CHANGE IN FUND BALANCE 364,336 1,343,248 818,817 454,481 (524,431) 60.96%
BEGINNING FUND BALANCE, Jan 1 15,799,729 16,541,245 16,541,245 741,516 ‐ 100.00%
ENDING FUND BALANCE, Jun 30 16,164,065$ 17,884,493$ 17,360,062$ 1,195,997$ (524,431)$ 97.07%
Insurance Reserves 16,164,065 17,884,493 17,360,062
AVAILABLE FUND BALANCE ‐$ ‐$ ‐$
RETIREE HEALTHCARE
VARIANCE