City of Phoenix, Arizona

Monthly Financial Report

February 2012

Monthly Financial Report – February 2012
Executive Summary

Budget
•

The budget amounts in this report represent the official adopted budget, as
approved by the City Council, for fiscal year 2011-12.

Revenues
•

Citywide year-to-date revenues for the month of February 2012 are $10.7 million
more than year-to-date revenues for February 2011. This is an increase of 1%
and is due to increases in the enterprise funds of primarily Water, Solid Waste
and Aviation. (see page 7)

•

Revenues for the General Fund were $11.9 million less than prior year-to-date
revenues. Local sales taxes and the City’s portion of state shared taxes
comprise the major portion, approximately 73.2 percent, of estimated General
Fund revenues. As of February 2012, local sales taxes were up $6.3 million
compared to the prior year-to-date General Fund revenues. However, state
shared taxes were down $15.6 million, Primary Property Taxes were down $1.0
million and Police revenue was down $1.0 million compared to the prior year-todate. The decrease in state shared revenues was mostly from Income and
Vehicle License Taxes. The decrease in Police revenues reflects a settlement
received in the prior year. Revenues through February 2012 are slightly lower
than what was projected in the Budget Estimate. (see pages 12-13)

•

Regional Transit revenues are less as compared to the fiscal year 2012 budget
estimate. This is due to a decrease in public transportation reimbursements for
light rail costs and service reductions.

Expenditures
•

Citywide year-to-date expenditures for the month of February 2012 are $15.4
million more than year to date expenditures for February 2011. The increase is
mostly related to an increase of $11.3 million in citywide capital improvements
(see pages 24 and 25).

•

Year-to-date General Fund expenditures for the first eight months of the fiscal
year are less than budgeted expenditures. This is primarily due to less
expenditures as compared to the budget in capital improvements, environmental
services, community development and transportation. Year-to-date General
Fund expenditures are $16.8 million more than prior year-to-date expenditures.
This increase is primarily due to increases in Public Safety and Environmental
Services.

•

Capital fund year-to-date expenditures have decreased $27.6 million to $520.2
million from $547.8 million spent during the same period last year.
Decreases
in capital expenditures as compared to last year-to-date include $106.1 million in
Water, $16.4 in Parks and Preserves, $30.7 in Streets and Transportation, $13.7
million in Public Transit and $9.0 million in Wastewater projects. Decreases in
Capital Fund year-to-date expenditures are partially offset by increases at the
Aviation Department (including Phx Sky-Train) of $172.8 million. (see pages 2627)

-1-

General Funds
Summary

Summary

General Funds

As of February 29
(dollars in thousands)
Actual
Year-to-Date
2011-12
2010-11

Budget
Estimate
2011-12

% of Year-to-Date
Estimate
Actual
2011-12
2010-11

Revenues
Local Taxes
Sales Taxes
Privilege License Fees
State Shared Taxes
State Sales Tax
State Income Tax
Vehicle License Tax
Primary Property Tax
Licenses and Permits
Cable Communications
Municipal Court
Fines and Forfeitures
Court Default Fee
Police
Library
Parks and Recreation
Planning & Development
Street Transportation
Fire
Emergency Transportation Service
Other
Interest
Other Fees and Service Charges
Total Revenues

$

$

417,006
2,465

$

267,748 $
1,994

261,406
2,048

64.2 %
80.9

66.6 %
83.8

110,696
122,065
48,045
126,763
3,270
9,567

73,705
81,340
29,826
70,932
1,897
4,688

73,007
95,765
31,683
71,755
2,111
4,799

66.6
66.6
62.1
56.0
58.0
49.0

65.3
66.7
65.6
54.8
68.3
50.1

20,759
1,100
12,598
1,256
7,103
993
5,124

13,786
655
10,585
858
3,391
687
4,057

13,456
668
11,621
805
4,775
656
4,315

66.4
59.5
84.0
68.3
47.7
69.2
79.2

63.1
57.5
72.1
64.7
63.7
58.4
82.1

36,750
12,462
300
14,890

24,017
8,000
453
9,638

23,708
7,995
175
9,369

65.4
64.2
151.0
64.7

64.4
65.3
52.4
53.8

953,212

$

608,257 $

-2-

620,117

63.8 %

64.4 %

Summary

General Funds

As of February 29
(dollars in thousands)
Actual
Year-to-Date
2011-12
2010-11

Budget
Estimate
2011-12

% of Year-to-Date
Estimate
Actual
2011-12
2010-11

Expenditures and Encumbrances
General Government
Mayor
City Council
City Manager
Information Technology Services
Public Information
Equal Opportunity
Law
City Auditor
City Clerk
Human Resources
Budget and Research
Finance
Others
Total General Government

$

894 $
2,064
764
18,535
1,559
1,450
11,768
1,546
3,183
6,629
2,099
11,437
2,703
64,631

936
2,125
766
18,368
1,552
1,505
12,256
1,893
3,278
5,595
2,333
10,377
1,153
62,137

62.6 %
62.1
38.7
56.4
67.2
63.4
64.5
60.0
64.1
60.2
65.8
66.6
97.2
62.1

30,954
4,708
35,662

19,143
3,096
22,239

18,978
3,018
21,996

61.8
65.8
62.4

66.2
64.8
66.0

428,455
226,892
30
655,377

286,656
147,673
(26)
434,303

282,173
144,389
68
426,630

66.9
65.1
(86.7)
66.3

67.3
65.6
157.0
66.7

Transportation
Street Transportation
Public Transit
Total Transportation

22,527
19,231
41,758

12,684
12,451
25,135

13,498
12,709
26,207

56.3
64.7
60.2

68.7
66.7
67.7

Community Development
Economic Development
Neighborhood Services Department
Planning and Development
Others
Total Community Development

4,886
11,532
4,995
57
21,470

2,938
6,879
2,992
32
12,841

2,702
6,536
3,174
83
12,495

60.1
59.7
59.9
56.1
59.8

62.7
63.4
66.9
81.1
64.2

Community Enrichment
Parks and Recreation
Library
Human Services
Others
Total Community Enrichment

89,567
35,277
18,493
2,121
145,458

58,086
19,641
11,223
1,185
90,135

56,831
20,680
11,139
1,567
90,217

64.9
55.7
60.7
55.9
62.0

65.9
64.0
65.4
69.3
65.5

Environmental Services
Public Works
Environmental Programs
Total Environmental Services

16,400
978
17,378

9,214
494
9,708

3,472
612
4,084

56.2
50.5
55.9

26.4
67.2
29.1

3,733

1,846

310

49.5

27.6

37,890

-

Criminal Justice
Municipal Court
Public Defender
Total Criminal Justice
Public Safety
Police
Fire
Others
Total Public Safety

Capital Improvement
Contingencies
Total Expenditures and Encumbrances

$

1,428
3,323
1,973
32,873
2,319
2,287
18,234
2,575
4,969
11,008
3,191
17,160
2,782
104,122

1,062,848

$

$

-3-

660,838 $

644,076

62.2 %

69.9 %
66.1
46.1
654.7
67.9
64.4
68.0
71.3
90.6
60.6
73.6
56.4
60.9
88.0

67.5 %

Citywide
Summary

Comparison to Prior Year

Revenues

YEAR-TO-DATE REVENUES
As of February 29, 2012
3,500

3,000

(millions of dollars)

2,500

2,000

1,500

1,000

500

0
July

Aug

Sept

Oct

Nov

Dec

Current YTD Revenues

Jan

Feb

Mar

April

May

June

Prior YTD Revenues

Revenues
Year-to-date revenues as of February 29 increased by $10,724,121 to $1,909,908,605 from the
$1,899,184,484 collected during the same period last year, an increase of 0.6%.
For the current year, 63.4% of the total estimated revenue has been collected. Of the total
revenues received last year, 63.0% had been collected as of February 29.

-4-

Comparison to Prior Year

Operating Expenditures

YEAR-TO-DATE OPERATING EXPENDITURES

(millions of dollars)

As of February 29, 2012
3,200
3,100
3,000
2,900
2,800
2,700
2,600
2,500
2,400
2,300
2,200
2,100
2,000
1,900
1,800
1,700
1,600
1,500
1,400
1,300
1,200
1,100
1,000
900
800
700
600
500
400
300
200
100
0
July

Aug

Sept

Oct

Nov

Dec

Current YTD Expenditures

Jan

Feb

Mar

April

May

June

Prior YTD Expenditures

Operating Expenditures
For the entire City, including enterprise funds such as Water Services and Aviation, year-to-date
operating expenditures as of February 29 increased $15,352,152 to $2,007,116,445 from the
$1,991,764,293 spent during the same period last year, an increase of 0.8%.
For the current year, 57.8% of the total appropriations has been spent. Of the total actual
expenditures for last year, 65.8% had been spent as of February 29.

-5-

Comparison to Prior Year

Capital Expenditures

YEAR-TO-DATE CAPITAL EXPENDITURES
As of February 29, 2012
950
900
850
800
750
700

(millions of dollars)

650
600
550
500
450
400
350
300
250
200
150
100
50
0
July

Aug

Sept

Oct

Nov

Dec

Current YTD Expenditures

Jan

Feb

Mar

April

May

June

Prior YTD Expenditures

Capital Expenditures
Year-to-date capital expenditures as of February 29 decreased $27,581,137 to $520,164,181 from
the $547,745,318 spent during the same period last year, a decrease of 5.0%.
For the current year, 39.4% of the total appropriations has been spent. Of the total actual
expenditures for last year, 63.6% had been spent as of February 29.

-6-

Summary

Operating Revenues

As of February 29
(dollars in thousands)

Source
General Funds
Local Taxes:
Sales Taxes
Privilege License Fees
State Shared Taxes:
State Sales Tax
State Income Tax
Vehicle License Tax
Primary Property Tax
Licenses and Permits
Cable Communications
Municipal Court
Police
Library Fees
Parks and Recreation
Planning & Development
Street Transportation
Fire
Interest
Other Fees and Service Charges

Budget
Estimate
2011-12

$

Total General Funds
Special Revenue Funds and Debt Service
Neighborhood Protection
Public Safety Enhancement & Expansion
Parks and Preserves
Transit 2000
Court Awards
Planning and Development
Capital Construction
Sports Facilities
Highway User Revenue
Regional Transit Revenues
Community Reinvestment
Other Restricted Fees
Grants
G.O. Bond Debt Service
Total Special Revenue Funds and
Debt Service
Enterprise Funds
Aviation
Convention Center
Water System
Wastewater
Solid Waste
Golf Courses
Total Enterprise Funds
Total Operating Revenues

$

417,006
2,465

Actual
Year-to-Date
2011-12
2010-11

$

267,748 $
1,994

261,406
2,048

% of Year-to-Date
Estimate
Actual
2011-12
2010-11

64.2 %
80.9

66.6 %
83.8

110,696
122,065
48,045
126,763
3,270
9,567
21,859
12,598
1,256
7,103
993
5,124
49,212
300
14,890

73,705
81,340
29,826
70,932
1,897
4,688
14,441
10,585
858
3,391
687
4,057
32,017
453
9,638

73,007
95,765
31,683
71,755
2,111
4,799
14,124
11,621
805
4,775
656
4,315
31,703
175
9,369

66.6
66.6
62.1
56.0
58.0
49.0
66.1
84.0
68.3
47.7
69.2
79.2
65.1
151.0
64.7

65.3
66.7
65.6
54.8
68.3
50.1
62.8
72.1
64.7
63.7
58.4
82.1
64.6
52.4
53.8

953,212

608,257

620,117

63.8

64.4

26,956
78,517
27,510
159,966
11,425
33,100
17,502
14,781
91,126
28,863
3,854
25,634
306,082
99,757

17,280
51,335
17,488
103,230
6,357
21,557
11,315
8,680
55,664
13,650
2,411
19,671
135,123
54,759

16,406
50,053
16,845
95,444
2,221
20,067
11,264
8,427
66,805
22,279
3,922
13,574
107,574
83,938

64.1
65.4
63.6
64.5
55.6
65.1
64.6
58.7
61.1
47.3
62.6
76.7
44.1
54.9

64.7
67.2
64.9
62.3
75.4
63.1
72.0
57.4
63.3
52.8
44.2
55.7
43.6
54.4

925,073

518,520

518,819

56.1

56.0

329,036
57,391
366,646
230,882
142,567
6,130

217,431
33,853
265,428
164,906
97,773
3,741

214,048
40,552
240,287
166,882
95,052
3,427

66.1
59.0
72.4
71.4
68.6
61.0

64.3
65.9
67.8
73.3
66.4
60.0

1,132,652

783,132

760,248

69.1

67.6

63.4 %

63.0 %

3,010,937

-7-

$

1,909,909 $

1,899,184

Summary

Operating Revenues
As of February 29, 2012

General Funds Local Taxes

General Funds State Shared Taxes

450

350

400
300
350

(millions of dollars)

(millions of dollars)

250
300

250

200

150

200

150

100
100
50
50

0

0
July Aug Sept Oct

Nov Dec Jan Feb Mar April May June

Current YTD Revenues

July Aug Sept Oct

Prior YTD Revenues

Nov Dec

Current YTD Revenues

Total General Funds Revenues

Jan

Feb

Mar April May June

Prior YTD Revenues

Highway User Revenues

1,200

120
110
100

1,000

800

(millions of dollars)

(millions of dollars)

90

600

400

80
70
60
50
40
30
20

200

10
0

0

July Aug Sept Oct Nov Dec Jan Feb Mar April May June

July Aug Sept Oct Nov Dec Jan Feb Mar April May June

Current YTD Revenues

Current YTD Revenues

Prior YTD Revenues

-8-

Prior YTD Revenues

Summary

Operating Expenditures and Encumbrances

As of February 29
(dollars in thousands)

Source
General Government
General Funds
Other Funds
Total General Government

Actual
Year-to-Date
2011-12
2010-11

Budget
2011-12
$

64,631 $
7,478
72,109

62,137
7,306
69,443

62.1 %
49.2
60.4

35,662
9,893
45,555

22,239
1,968
24,207

21,996
4,851
26,847

62.4
19.9
53.1

66.0
133.5
72.6

Public Safety
General Funds
Other Funds
Total Public Safety

655,377
161,111
816,488

434,303
104,089
538,392

426,630
104,364
530,994

66.3
64.6
65.9

66.7
68.5
67.0

Transportation
General Funds
Other Funds
Total Transportation

41,758
566,577
608,335

25,135
404,415
429,550

26,207
388,743
414,950

60.2
71.4
70.6

67.7
73.5
73.1

Community Development
General Funds
Other Funds
Total Community Development

21,470
230,974
252,444

12,841
115,705
128,546

12,495
105,289
117,784

59.8
50.1
50.9

64.2
67.2
66.9

Community Enrichment
General Funds
Other Funds
Total Community Enrichment

145,458
136,167
281,625

90,135
88,544
178,679

90,217
94,566
184,783

62.0
65.0
63.4

65.5
69.0
67.2

Environmental Services
General Funds
Other Funds
Total Environmental Services

17,378
617,100
634,478

9,708
354,111
363,819

4,084
366,795
370,879

55.9
57.4
57.3

29.1
65.7
64.8

Debt Service
General Funds
Other Funds
Total Debt Service

138,719
138,719

112,893
112,893

128,437
128,437

81.4
81.4

65.3
65.3

Capital Improvement
General Funds
Other Funds
Total Capital Improvement

3,733
489,288
493,021

1,846
157,075
158,921

310
147,337
147,647

49.5
32.1
32.2

27.6
44.7
44.6

Criminal Justice
General Funds
Other Funds
Total Criminal Justice

Contingencies
General Funds
Other Funds
Total Contingencies
Total Operating
General Funds
Other Funds
Total Operating Budget

104,122
15,186
119,308

$

% of Year-to-Date
Estimate
Actual
2011-12
2010-11

37,890
46,550
84,440

$

1,062,848
2,411,565
3,474,413

-

$

660,838
1,346,278
2,007,116 $
-9-

644,076
1,347,688
1,991,764

62.2
55.8
57.8 %

88.0 %
98.8
89.0

67.5
65.1
65.8 %

Summary

Operating Expenditures and Encumbrances
As of February 29, 2012

Total General Government

Total Criminal Justice

90

40

80

70

60

(millions of dollars)

(millions of dollars)

30

50

40

30

20

10

20

10

0

0
July Aug Sept Oct

July

Nov Dec Jan Feb Mar April May June

Current YTD Expenditures

Aug Sept

(millions of dollars)

(millions of dollars)
Nov Dec

Jan

Current YTD Expenditures

Feb

Jan

Feb

Mar April May June

Prior YTD Expenditures

Total Transportation

850
825
800
775
750
725
700
675
650
625
600
575
550
525
500
475
450
425
400
375
350
325
300
275
250
225
200
175
150
125
100
75
50
25
0
Aug Sept Oct

Nov Dec

Current YTD Expenditures

Prior YTD Expenditures

Total Public Safety

July

Oct

600
575
550
525
500
475
450
425
400
375
350
325
300
275
250
225
200
175
150
125
100
75
50
25
0
July

Mar April May June

Aug Sept Oct

Nov Dec

Jan

Current YTD Expenditures

Prior YTD Expenditures

- 10 -

Feb

Mar April May June

Prior YTD Expenditures

Summary

Operating Expenditures and Encumbrances
As of February 29, 2012

Total Community Development

Total Community Enrichment

190

300

180

280

170
260

150

240

140

220

130

(millions of dollars)

(millions of dollars)

160

120
110
100
90
80
70
60

200
180
160
140
120
100

50

80

40

60

30
40

20

20

10
0

0

July Aug Sept Oct Nov Dec Jan Feb Mar April May June

July Aug Sept Oct

Current YTD Expenditures

Current YTD Expenditures

Prior YTD Expenditures

620
600
580
560
540
520
500
480
460
440
420
400
380
360
340
320
300
280
260
240
220
200
180
160
140
120
100
80
60
40
20
0

Jan

Feb

Mar April May June

Prior YTD Expenditures

Total Debt Service
210
200
190
180
170
160
150

(millions of dollars)

(millions of dollars)

Total Environmental Services

Nov Dec

140
130
120
110
100
90
80
70
60
50
40
30
20
10
0

July Aug Sept Oct

Nov Dec

Current YTD Expenditures

Jan

July Aug Sept Oct

Feb Mar April May June

Nov Dec Jan

Current YTD Expenditures

Prior YTD Expenditures

- 11 -

Feb Mar April May June

Prior YTD Expenditures

Citywide
Detail

Revenues
For the Month Ended
February 29
2011
2012

Budget
Estimate
2011-12

Source

Actual Year-to-Date
2011-12
2010-11

Percent of Year-to-Date
Estimate
Actual
2011-12
2010-11

General Funds
$

31,532,232
130,977

$

30,658,492
180,997

Local Taxes:
Sales Taxes
Privilege License Fees

$

417,006,000
2,464,500

$

267,747,573
1,994,482

$

261,406,119
2,047,666

64.2 %
80.9

66.6 %
83.8

31,663,209

30,839,489

Total Local Taxes

419,470,500

269,742,055

263,453,785

64.3

66.7

8,571,869
10,168,121
3,620,004

9,258,220
11,970,582
3,372,445

State Shared Taxes:
State Sales Tax
State Income Tax
Vehicle License Tax

110,696,000
122,065,000
48,045,000

73,704,631
81,339,924
29,826,132

73,006,690
95,764,682
31,683,361

66.6
66.6
62.1

65.3
66.7
65.6

22,359,994

24,601,247

280,806,000

184,870,687

200,454,733

65.8

66.0

3,263,893

2,558,853

Primary Property Tax

126,763,000

70,931,430

71,754,913

56.0

54.8

265,066

301,250

Licenses and Permits

3,270,000

1,897,332

2,111,101

58.0

68.3

14,116

Cable Communications

9,567,056

4,687,667

4,799,355

49.0

50.1

2,339,178
151,348

2,210,875
152,190

Municipal Court:
Fines and Forfeitures
Court Default Fee

20,759,025
1,100,000

13,786,047
654,992

13,456,436
667,603

66.4
59.5

63.1
57.5

2,490,526

2,363,065

21,859,025

14,441,039

14,124,039

66.1

62.8

3,812,618

2,293,766

12,597,587

10,585,042

11,620,648

84.0

72.1

-

113,685

91,504

561,073

218,485

116,971

69,231

555,282

918,900

3,188,651
45,800
702,668

2,866,990
28,450
656,484

3,937,119

3,551,924

41,912

27,534

967,790

335,286

70,149,138

68,184,650

Total State Shared Taxes

Total Municipal Court
Police
Library Fees

1,256,140

858,037

804,717

68.3

64.7

Parks and Recreation

7,102,531

3,391,351

4,775,022

47.7

63.7

993,300

686,856

656,567

69.1

58.4

5,124,098

4,056,941

4,314,816

79.2

82.1

36,750,000
1,300,000
11,161,613

24,017,006
441,561
7,558,753

23,708,199
404,261
7,591,029

65.4
34.0
67.7

64.4
31.3
69.3

49,211,613

32,017,320

31,703,489

65.1

64.6

301,380

452,386

175,036

150.1

52.4

14,889,664

9,638,306

9,369,022

64.7

53.8

953,211,894

608,256,449

620,117,243

63.8

64.4

Planning and Development
Street Transportation
Fire:
Emergency Transportation Service
Hazardous Materials Inspection Fee
Other
Total Fire
Interest
Other Fees and Service Charges
Total General Funds

- 12 -

Revenues
For the Month Ended
February 29
2011
2012

Budget
Estimate
2011-12

Source

Actual Year-to-Date
2011-12
2010-11

Percent of Year-to-Date
Estimate
Actual
2011-12
2010-11

Special Revenue Funds and Debt Service
$

1,461,766 $
104,411
522,059
(5,547)

1,398,190
99,870
499,353
20,651

2,082,689

2,018,064

Neighborhood Protection:
Police Neighborhood Protection
Police Blockwatch
Fire Neighborhood Protection
Interest/Other
Total Neighborhood Protection

$

12,043,925
860,280
4,301,402
74,124

$

11,498,453
821,318
4,106,590
(20,092)

63.9 %
64.0
64.0
154.4

64.8 %
64.4
64.4
47.6

17,279,731

16,406,269

64.1

64.7

58,269,000
20,108,000
140,000

38,039,894
13,326,974
(31,495)

36,907,770
13,098,632
46,423

65.3
66.3
(22.5)

66.8
68.3
97.0

78,517,000

51,335,373

50,052,825

65.4

67.2

27,510,000

17,488,380

16,845,506

63.6

64.9

107,640,000
52,325,926

68,822,430
34,407,067

65,705,443
29,738,147

63.9
65.8

64.8
57.4

159,965,926

103,229,497

95,443,590

64.5

62.3

Court Awards

11,425,309

6,356,648

2,220,900

55.6

75.4

Planning and Development

33,100,000

21,557,000

20,066,632

65.1

63.1

4,343,854
1,503,586
2,274

5,980,783

5,849,714

2,112,940

2,039,129

Parks and Preserves

8,352,949
4,762,582

7,989,652
2,376,100

Transit 2000:
Sales Taxes
Interest/Other

13,115,531

10,365,752
-

18,837,000
1,345,000
6,726,000
48,000
26,956,000

Public Safety Enhancement & Expansion:
Police
Fire
Interest/Other

4,463,483
1,523,424
(6,124)

-

$

Total Public Safety Enhancement & Expansion

Total Transit 2000

3,051,459

2,303,551

1,440,444

1,418,598

Capital Construction

17,502,000

11,315,412

11,263,511

64.7

72.0

1,209,891
25,866

1,260,310
32,343

Sports Facilities:
Sales Taxes
Interest/Other

14,386,000
395,000

8,274,584
405,744

7,969,362
457,624

57.5
102.7

56.6
75.8

1,235,757

1,292,653

Total Sports Facilities

14,781,000

8,680,328

8,426,986

58.7

57.4

6,883,440
21,769
1,865

8,288,459
45,292
(20,230)

Highway User Revenue:
Highway User Revenue
Interest
Other

90,226,000
600,000
300,000

55,293,131
210,361
160,028

66,395,460
321,833
87,572

61.3
35.1
53.3

63.3
59.2
64.3

6,907,074

8,313,521

91,126,000

55,663,520

66,804,865

61.1

63.3

1,931,418

11,590

28,863,623

13,650,372

22,279,274

47.3

52.8

281,299

191,273

3,853,899

2,411,156

3,922,113

62.6

44.2

1,791,292

1,145,158

25,633,671

19,670,729

13,574,307

76.7

55.7

Total Highway User Revenue
Regional Transit Revenues
Community Reinvestment
Other Restricted Fees

- 13 -

Revenues
For the Month Ended
February 29
2011
2012

Budget
Estimate
2011-12

Source

Actual Year-to-Date
2011-12
2010-11

Percent of Year-to-Date
Estimate
Actual
2011-12
2010-11

Special Revenue Funds and Debt Service (Cont'd)

$

569,313
6,806,534
88,691

$

474,916
5,828,011
302,347

7,464,538

6,605,274

2,862,307
85,881
117,438
10,299,003

13,278,055
35,855
1,040,710
7,059,163

13,364,629

21,413,783

20,829,167

28,019,057

2,421,581
10,073

3,040,409
21,058

2,431,654

3,061,467

63,191,507

66,029,527

Grants:
Public Housing:
Rentals
Grants
Other

$

Total Public Housing

9,270,065
77,005,775
2,431,392

$

4,547,743
46,094,869
1,127,280

$

4,173,596
38,276,025
2,299,832

49.1 %
59.9
46.4

63.0 %
53.3
22.1

88,707,232

51,769,892

44,749,453

58.4

50.4

42,765,750
9,983,354
34,665,229
129,960,524

26,473,888
2,884,891
9,744,164
44,249,985

26,263,771
(2,081,381)
11,307,089
27,335,034

61.9
28.9
28.1
34.0

58.2
(11.0)
64.3
35.7

Total Other

217,374,857

83,352,928

62,824,513

38.3

39.7

Total Grants

306,082,089

135,122,820

107,573,966

44.1

43.6

94,529,000
5,228,000

52,194,167
2,565,190

81,353,958
2,584,250

55.2
49.1

54.6
48.6

99,757,000

54,759,357

83,938,208

54.9

54.4

925,073,517

518,520,323

518,818,952

56.1

56.0

108,000,000
173,799,000
1,620,000
3,286,000
1,724,000
3,606,500
37,000,000

59,625,647
128,139,521
1,025,779
2,054,761
1,110,748
1,906,495
23,567,919

54,757,136
130,226,621
853,127
2,584,069
1,100,352
2,204,372
22,321,996

55.2
73.7
63.3
62.5
64.4
52.9
63.7

65.9
66.2
62.9
35.3
67.4
68.3
56.7

329,035,500

217,430,870

214,047,673

66.1

64.3

39,685,000
17,106,160
600,000

24,608,473
8,971,462
273,388

23,510,512
16,628,219
413,827

62.0
52.4
45.6

62.1
72.2
66.2

57,391,160

33,853,323

40,552,558

59.0

65.9

Other:
Human Resources
Federal Transit Administration
Community Development
Other

G.O. Bond Debt Service
Secondary Property Tax
Interest
Total G.O. Bond Debt Service
Total Special Revenue and Debt Service
Enterprise Funds
AVIATION:

7,796,856
14,913,067
93,443
435,029
137,471
222,079
3,430,454

6,852,948
15,260,580
80,513
187,065
133,660
239,929
5,604,248

27,028,399

28,358,943

Sky Harbor:
Airlines
Concessions
Interest
Other
Phoenix-Goodyear
Phoenix-Deer Valley
Phoenix-Customer Facility Charge
Total Aviation
CONVENTION CENTER:

3,375,651
780,531
26,799

3,219,222
1,096,135
45,738

4,182,981

4,361,095

Excise Taxes
Operating Revenue
Interest
Total Convention Center

- 14 -

Revenues
For the Month Ended
February 29
2011
2012

Budget
Estimate
2011-12

Source

Actual Year-to-Date
2011-12
2010-11

Percent of Year-to-Date
Estimate
Actual
2011-12
2010-11

Enterprise Funds (Cont'd)
WATER SYSTEM:
$

16,596,154
494,391
223,341
400,006
280,860
171,172
116,422

$

18,282,346

14,686,059
488,881
228,224
484,619
126,240
237,184
119,654
16,370,861

Water Sales
Water Service Fees
Distribution
Intergovernmental
Development Fees
Interest
Other

$

Total Water System

343,293,000
6,000,000
3,180,000
9,395,000
1,500,000
1,298,000
1,980,000

$

248,658,633
3,788,953
2,335,044
5,686,940
1,211,520
1,339,340
2,407,865

$

224,445,896
3,846,864
2,017,071
4,753,866
802,800
2,343,445
2,077,358

72.4 %
63.1
73.4
60.5
80.8
103.2
121.6

67.7 %
64.0
74.7
60.6
65.9
67.6
124.5

366,646,000

265,428,295

240,287,300

72.4

67.8

196,104,000
14,486,000
1,400,000
1,962,000
16,930,000

129,607,330
13,361,393
1,146,060
1,526,065
19,264,867

131,661,183
12,979,362
717,360
1,962,983
19,561,014

66.1
92.2
81.9
77.8
113.8

66.6
68.2
67.7
63.6
288.0

230,882,000

164,905,715

166,881,902

71.4

73.3

123,625,000
7,440,000
750,000
10,752,500

82,684,730
4,571,627
348,103
10,168,786

82,255,582
5,026,081
468,769
7,301,767

66.9
61.4
46.4
94.6

66.6
59.8
67.9
69.1

142,567,500

97,773,246

95,052,199

68.6

66.4

WASTEWATER:
16,124,007
1,749,750
268,560
130,493
(2,234,314)

16,259,960
1,683,075
119,400
198,107
5,328,636

16,038,496

23,589,178

Sewer Service Charges
Multi-City
Development Fees
Interest
Other
Total Wastewater
SOLID WASTE:

10,293,115
559,571
41,963
1,708,675

10,265,771
455,946
53,083
405,020

12,603,324

11,179,820

Collection Fees
Landfill Fees
Interest
Other
Total Solid Waste
GOLF COURSES:

$

571,571
5,856
217,507
(9,324)
6,888

511,093
6,779
183,468
(11,045)
21,878

792,498

712,173

78,928,044

84,572,070

212,268,689

$

218,786,247

Fees
Coffee Shops
Concessions
Interest
Other
Total Golf Courses
Total Enterprise Funds
Total Operating Revenues

$

- 15 -

4,100,500
78,400
2,008,000
(185,282)
128,000

2,418,625
53,393
1,283,267
(81,811)
66,910

2,208,367
44,492
1,109,553
(94,523)
158,768

59.0
68.1
63.9
44.2
52.3

58.8
60.6
59.9
66.2
92.3

6,129,618

3,740,384

3,426,657

61.0

60.0

1,132,651,778

783,131,833

760,248,289

69.1

67.6

63.4 %

63.0 %

3,010,937,189

$

1,909,908,605

$

1,899,184,484

Operating Expenditures and Encumbrances
For the Month Ended
February 29
2012
2011

Budget
Estimate
2011-12

Program

Actual Year-to-Date
2011-12
2010-11

2011-12 Year-to-Date
Operating Expenditures & Encumbrances
Capital
Operations
and Debt

General Government
$

141,186 $
247,025
246,080
(1,967,249)
68,912
187,500
204,368
1,433,253
134,868
404,030
10,865
765,306
20,679
8,971
236,716
1,786,499
4,865,807
8,794,816

99,611
239,345
244,587
2,035,135
47,801
197,551
194,985
1,446,624
135,457
251,756
2,104
704,233
34,216
11,169
236,516
3,413,826
9,294,916

Mayor
City Council
City Manager
Information Technology Services
Government Relations
Public Information
Equal Opportunity
Law
City Auditor
City Clerk
Elections
Human Resources
Retirement Systems
Phoenix Employment Relations Board
Budget and Research
Finance
Regional Wireless Cooperative
Total General Government

$

1,438,508
3,323,173
2,289,692
33,838,035
1,321,292
2,624,699
2,691,191
20,041,149
2,574,942
4,993,080
1,298,797
11,729,936
162,059
3,191,087
24,160,975
3,629,630

$

894,363
2,063,624
853,324
18,926,088
1,162,447
1,777,291
1,716,808
12,996,260
1,545,905
3,193,853
1,619,981
6,914,814
36,648
77,001
2,098,837
13,352,209
2,879,578

$

951,281
2,125,198
936,501
19,310,387
880,938
1,773,104
1,751,319
13,403,118
1,893,241
3,386,736
195,541
6,432,121
2,514
74,051
2,333,066
13,993,704
-

$

894,363
2,063,624
853,324
18,795,188
1,162,447
1,777,291
1,716,808
12,996,260
1,545,905
3,183,321
1,619,981
6,856,171
36,648
77,001
2,098,837
13,259,232
2,879,578

$

130,900
10,532
58,643
92,977
-

119,308,245

72,109,031

69,442,820

71,815,979

293,052

40,846,452
4,708,450

21,110,801
3,096,618

23,828,406
3,018,243

20,793,706
3,096,618

317,095
-

45,554,902

24,207,419

26,846,649

23,890,324

317,095

547,390,725
268,616,005
480,992

362,939,494
175,237,968
214,770

359,436,218
171,127,197
430,838

361,145,983
174,558,084
214,770

1,793,511
679,884
-

816,487,722

538,392,232

530,994,253

535,918,837

2,473,395

Criminal Justice
2,351,443
381,735

2,673,187
378,072

2,733,178

3,051,259

Municipal Court
Public Defender
Total Criminal Justice
Public Safety

42,354,781
19,644,137
28,465

42,053,861
18,787,907
51,876

62,027,383

60,893,644

Police
Fire
Other
Total Public Safety

- 16 -

Operating Expenditures and Encumbrances
For the Month Ended
February 29
2012
2011

Budget
Estimate
2011-12

Program

Actual Year-to-Date
2011-12
2010-11

2011-12 Year-to-Date
Operating Expenditures & Encumbrances
Capital
Operations
and Debt

Transportation
$

3,228,574
859,344
27,986,835
9,013,897
41,088,650

$

3,947,782
1,004,989
21,850,267
11,225,314
38,028,352

Street Transportation
Street Lighting
Aviation
Public Transit
Total Transportation

$

58,632,945
11,685,358
290,441,289
247,575,530

$

37,634,459
6,882,972
175,487,570
209,544,740

$

36,119,364
7,379,977
169,000,160
202,450,877

$

37,556,452
6,882,972
128,939,288
175,689,320

$

78,007
46,548,282
33,855,420

608,335,122

429,549,741

414,950,378

349,068,032

80,481,709

Community Development
2,351,027
6,061,959
1,768,413
4,361,508

2,533,217
6,278,887
1,556,185
2,762,113

Planning and Development
Housing
Economic Development
Neighborhood Services Department

33,601,910
75,137,220
37,775,681
105,929,214

21,144,450
52,020,054
16,334,680
39,046,882

20,668,111
50,541,995
18,079,949
28,493,863

21,144,450
51,971,622
14,852,905
39,046,882

48,432
1,481,775
-

14,542,907

13,130,402

Total Community Development

252,444,025

128,546,066

117,783,918

127,015,859

1,530,207

96,385,575
36,069,133
8,341,758
62,545,832
10,968,395
62,339,505
4,133,240
841,581

62,173,306
20,068,531
5,716,423
40,706,807
5,279,302
42,164,760
2,062,185
507,524

61,651,020
21,223,582
5,203,400
43,445,188
8,147,443
41,971,836
2,229,531
911,389

62,056,625
20,068,531
5,715,673
27,740,515
42,125,916
2,062,185
507,524

116,681
750
12,966,292
5,279,302
38,844
-

281,625,019

178,678,838

184,783,389

160,276,969

18,401,869

Community Enrichment
6,478,870
2,446,236
588,077
4,044,174
651,070
5,221,230
253,521
91,861

6,285,722
2,073,011
477,544
3,976,421
1,017,965
3,773,709
251,640
89,334

19,775,039

17,945,346

Parks and Recreation
Library
Golf
Convention Center
Sports and Cultural Facilities
Human Services
Public Parking Facilities
Other
Total Community Enrichment

- 17 -

Operating Expenditures and Encumbrances
For the Month Ended
February 29
2012
2011

Budget
Estimate
2011-12

Program

2011-12 Year-to-Date
Operating Expenditures & Encumbrances
Capital
Operations
and Debt

Actual Year-to-Date
2011-12
2010-11

Environmental Services
$

20,458,195
9,590,496
8,826,459
798,760
132,793
39,806,703

$

20,494,904
10,136,176
8,709,990
(1,994,025)
112,791
37,459,836

Water System
Wastewater
Solid Waste Management
Public Works
Environmental Programs

$

Total Environmental Services

390,781,777
84,743,876
124,238,686
33,305,241
1,407,983

$

186,458,923
94,210,969
72,389,048
10,101,684
658,618

$

182,735,154
99,270,186
79,937,025
8,185,808
750,889

$

117,976,267
46,223,440
63,803,091
9,543,846
658,618

$

238,205,262

68,482,656
47,987,529
8,585,957
557,838
-

634,477,563

363,819,242

370,879,062

125,613,980

1,315,055
13,124,099
19,974,955
211,365
4,727,555
671,765
4,165,274
677,444
9,357,132
7,370,435
929,524
26,140,222
50,200
8,957,446
2,022,132
6,361,800
(37,080,505)
1,846,375
31,958,772
28,193,672
306,413
7,437,854

876,703
8,185,217
13,161,456
140,910
2,736,524
447,843
2,746,303
451,630
6,181,865
4,723,076
619,682
16,734,253
33,467
5,355,808
1,039,687
3,672,291
3,828
1,230,583
21,092,950
18,536,727
204,275
4,717,511

876,037
6,361,051
13,393,878
176,483
3,237,023
444,777
3,242,521
561,684
4,857,596
3,731,518
613,015
12,495,137
33,467
7,843,148
1,703,347
3,359,853
20,349,243
1,257,312
16,981,642
24,442,808
111,208
2,364,249

-

876,703
8,185,217
13,161,456
140,910
2,736,524
447,843
2,746,303
451,630
6,181,865
4,723,076
619,682
16,734,253
33,467
5,355,808
1,039,687
3,672,291
3,828
1,230,583
21,092,950
18,536,727
204,275
4,717,511

General Obligation Debt Service
109,588
1,023,152
1,645,182
17,614
342,066
55,980
343,288
56,454
772,734
590,384
77,460
2,091,376
4,184
669,476
129,961
431,277
153,823
2,636,618
2,317,091
25,534
582,466

109,505
795,132
1,674,235
22,060
404,627
55,597
405,315
70,211
607,199
466,440
76,627
1,561,487
4,184
980,394
212,918
1,591,339
628,656
2,122,705
3,055,356
13,901
1,171,065

14,075,708

16,028,953

Total Debt Service

138,718,984

112,892,589

128,436,997

-

112,892,589

15,523,134

19,350,869

Capital Improvement

493,021,254

158,921,287

147,646,827

-

158,921,287

$

218,367,518

$ 215,183,577

Aviation
Cultural Facilities
Downtown Development
Early Redemption
Economic Development
Fire Protection
Freeway Mitigation
Historic/Neighborhood Preservation
Human Services
Information Systems
Libraries
Maintenance Service Centers
Mountain Preserves/Parks
Municipal Administration Buildings
Police Protection
Public Housing Renovation
Sanitary Sewers
Secondary Property Tax
Solid Waste Enterprise Bonds
Storm Sewer Improvements
Street Improvements
Street Light Refinancing
Water System

84,440,000

Contingencies
Total Operating Budget

$

3,474,412,836

- 18 -

$

2,007,116,445

$

1,991,764,293

$

1,506,191,262

$

500,925,183

Capital Expenditures and Encumbrances
For the Month Ended
February 29
2012
2011
$

$

139,395 $
6,360,415
4,020,175
578,763
1,043,220

209,959
14,840,452
1,115,806
298,054
2,543,732

76,469
60,130
1,578,398

255,425
27,813
2,009,016

146,267
33,464
236,642
220,270

40,904
843,285
543,593
335,675

1,013,805
36,002
302,318
623,414

2,713,846
35,224
907,381
1,232,258

331,547
4,292,739
4,270,126
8,849,244

50,465
12,060,966
1,917,727
12,623,880

34,212,803 $

54,605,461

2011-12
Actual YearBudget
to-Date

Program
Arts and Cultural Facilities
Aviation
Economic Development
Energy Conservation
Facilities Management

$

14,804,107 $
435,812,669
10,143,514
17,716,981
19,197,800

7,532,889 $
281,818,518
5,012,138
7,590,533
7,313,472

2010-11
Actual Yearto-Date
3,881,347
109,017,812
14,111,141
3,832,486
5,708,377

2011-12 Year-to-Date Capital Amounts
From Operating Funds
From Capital Funds
Budget
Actual
Budget
Actual
$

1,195,000 $
53,590,375
6,544,985
17,716,981
1,752,000

187,309
21,042,377
4,608,409
7,590,533
170,493

$

13,609,107 $
382,222,294
3,598,529
17,445,800

7,345,580
260,776,141
403,729
7,142,979

Unencumbered
Budget
$

7,271,218
153,994,151
5,131,376
10,126,448
11,884,328

Fire Protection
Freeway Mitigation
Historic Preservation
Housing

21,140,399
2,759,359
63,604,234

9,819,392
339,291
22,797,435

4,871,181
1,230,112
24,795,141

86,883
48,568,331

15,086,299

21,140,399
2,672,476
15,035,903

9,819,392
339,291
7,711,136

11,321,007
2,420,068
40,806,799

Human Services
Information Technology
Libraries
Neighborhood Services

2,857,262
14,253,403
7,697,854
12,085,676

273,475
4,795,757
2,021,860
1,422,290

4,479,402
6,224,387
4,228,714
2,458,087

10,256,533
1,454,500
3,966,861

3,127,336
1,143,103
588,435

2,857,262
3,996,870
6,243,354
8,118,815

273,475
1,668,421
878,757
833,855

2,583,787
9,457,646
5,675,994
10,663,386

Parks and Mountain Preserves
Phoenix Convention Center
Police Protection
Public Transit

99,788,025
2,212,303
25,509,600
77,991,552

33,496,096
617,831
2,139,911
6,260,917

49,917,412
3,623,626
9,778,048
19,945,892

46,850,118
2,212,303
26,179,381

21,447,694
561,712
1,683,729

52,937,907
25,509,600
51,812,171

12,048,402
56,119
2,139,911
4,577,188

66,291,929
1,594,472
23,369,689
71,730,635

31,444,218
155,714,473
107,462,416
197,600,987

11,999,009
45,774,283
13,122,739
56,016,345

18,933,582
76,502,236
22,091,825
162,114,510

16,565,000
70,784,504
72,777,540
112,519,959

7,178,862
28,614,675
11,496,120
34,394,201

14,879,218
84,929,969
34,684,876
85,081,028

4,820,147
17,159,608
1,626,619
21,622,144

19,445,209
109,940,190
94,339,677
141,584,642

Solid Waste Disposal
Street Transportation & Drainage
Wastewater
Water System
Total Capital Improvement Program

$ 1,319,796,832 $

520,164,181 $

547,745,318

- 19 -

$ 493,021,254 $ 158,921,287

$

826,775,578 $

361,242,894

$

799,632,651

Bonds Authorized and Sold
As of February 29
(dollars in thousands)
Authorized

Sold

Available

1988 Authorizations
General Obligation Bonds
Freeway Mitigation, Neighborhood Stabilization,
and Slum and Blight Elimination
Bonds Fully Issued

$

Total General Obligation Bonds
Revenue Bonds
Bonds Fully Issued
Total 1988 Authorizations

29,285
884,175

$

28,285
884,175

$

1,000
-

913,460

912,460

1,000

143,890

143,890

-

1,057,350

1,056,350

1,000

66,300
125,300
24,800
61,500
12,000
33,000
91,500
74,000
77,000
78,800
66,000
43,700

64,325
123,085
24,170
60,600
11,075
32,100
89,275
71,645
72,575
75,640
64,230
43,700

1,975
2,215
630
900
925
900
2,225
2,355
4,425
3,160
1,770
-

753,900

732,420

21,480

81,000
11,100
198,700
12,800
104,622
74,705
29,178
115,500
107,295
78,200
65,400

57,645
8,400
186,950
7,075
63,290
43,900
19,675
72,325
62,900
55,915
50,550

23,355
2,700
11,750
5,725
41,332
30,805
9,503
43,175
44,395
22,285
14,850

878,500

628,625

249,875

2001 Authorization
General Obligation Bonds
Education, Youth and Family Cultural Facilities
Computer Technology
Environmental Cleanup
Fire Protection
Historic Preservation
Library Facilities
Street Improvements
Neighborhood Protection and Senior Centers
Parks, Open Space, and Recreational Facilities
Police Protection
Storm Sewer and Flood Protection
Bonds Fully Issued
Total 2001 Authorizations
2006 Authorization
General Obligation Bonds
Affordable Housing and Neighborhood Revitalization
Computer Technology
Education and Health Science Facilities
Environmental Cleanup
Family, Senior, and Youth Cultural Facilities
Fire Protection
Library Facilities and Improvements
Parks, Open Space, and Recreational Facilities
Police Protection
Street Improvements
Storm Sewer and Flood Protection
Total 2006 Authorizations
Total Bond Program

$

- 20 -

2,689,750

$

2,417,395

$

272,355