City of Phoenix, Arizona

Monthly Financial Report

March 2012

Monthly Financial Report – March 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
•

Revenues for the General Fund were $14.8 million less than prior year-to-date
revenues. As of March 2012, local sales taxes were up $7.6 million compared to
the prior year-to-date sales tax revenues. However, state shared taxes were
down $16.9 million compared to the prior year-to-date state shared tax revenues.
The decrease in state shared revenues was primarily from income taxes. The
decrease in Police revenues reflects a settlement received in the prior year.
Revenues through March 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. (see pages 14-15)

Expenditures
•

Citywide year-to-date expenditures for the month of March 2012 are $11.6 million
less than year-to-date expenditures for March 2011. The decrease is mostly
related to decreases in Public Transit, Water, Wastewater and Public Works
expenditures. (see pages 22-25)

•

Year-to-date General Fund expenditures for the first nine months of the fiscal
year are 69.7% of budgeted expenditures. This is primarily due to less
expenditure as compared to the budget in capital improvements, environmental
services, community development and transportation. (see page 3)

•

However, year-to-date General Fund expenditures are $24.1 million more than
prior year-to-date expenditures primarily due to a change in the accounting for
the Information Technology Services (ITS) Department’s costs. In fiscal year
2011, ITS’ costs were charged directly to the user Departments. In fiscal year
2012, ITS’ costs are budgeted in the General Fund and then user Departments
transfer amounts back to the General Fund through a centralized cost allocation
model. (see page 3)

•

Capital fund year-to-date expenditures have decreased $59.9 million to $551.5
million from $611.4 million spent during the same period last year. Decreases in
capital expenditures as compared to last year-to-date include $124.4 million in
Water, $19.9 million in Parks and Preserves, $31.4 in Streets and Transportation,
$14.2 million in Public Transit and $10.4 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 $175.4 million.
(see pages 26-27)

-1-

General Funds
Summary

Summary

General Funds

As of March 31
(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

$

300,296 $
2,107

292,708
2,184

72.0 %
85.5

74.6 %
89.4

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

83,258
91,508
34,686
75,692
2,185
4,688

82,141
107,735
36,503
76,296
2,389
4,799

75.2
75.0
72.2
59.7
66.8
49.0

73.5
75.0
75.6
58.3
77.3
50.1

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

16,024
861
11,881
990
4,286
746
4,174

15,944
845
12,711
917
5,108
786
4,755

77.2
78.3
94.3
78.8
60.3
75.1
81.5

74.8
72.8
78.8
73.8
68.1
70.0
90.5

36,750
12,462
300
14,890

26,828
8,372
493
10,580

26,694
8,398
201
13,307

73.0
67.2
164.3
71.1

72.5
68.6
60.3
76.4

953,212

$

679,655 $

-2-

694,421

71.3 %

72.1 %

Summary

General Funds

As of March 31
(dollars in thousands)
Budget
Estimate
2011-12

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

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

Expenditures and Encumbrances
General Government
Mayor
City Council
City Manager
Information Technology Services (1)
Public Information
Equal Opportunity
Law
City Auditor
City Clerk
Human Resources
Budget and Research
Finance
Others
Total General Government

$

1,022 $
2,331
992
20,917
1,760
1,619
13,263
1,639
3,537
7,456
2,357
12,719
2,872
72,484

1,046
2,457
1,032
(1,234)
1,804
1,752
13,992
2,056
2,512
7,206
2,695
14,613
1,370
51,301

30,954
4,708
35,662

21,410
3,491
24,901

21,784
3,403
25,187

69.2
74.2
69.8

76.0
73.1
75.6

428,455
226,892
30
655,377

321,134
165,807
(26)
486,915

320,993
164,901
121
486,015

75.0
73.1
(86.7)
74.3

76.5
74.9
277.3
76.0

Transportation
Street Transportation
Public Transit
Total Transportation

22,527
19,231
41,758

14,077
13,973
28,050

15,858
14,410
30,268

62.5
72.7
67.2

80.7
75.7
78.2

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

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

3,255
7,800
3,231
40
14,326

3,170
7,582
3,766
89
14,607

66.6
67.6
64.7
70.2
66.7

73.6
73.6
79.4
87.0
75.1

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

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

64,401
23,134
12,305
1,422
101,262

64,206
23,315
13,012
1,578
102,111

71.9
65.6
66.5
67.0
69.6

74.5
72.2
76.3
69.7
74.1

Environmental Services
Public Works
Environmental Programs
Total Environmental Services

16,400
978
17,378

10,538
556
11,094

6,494
704
7,198

64.3
56.9
63.8

49.4
77.3
51.2

3,733

1,959

220

52.5

19.7

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

$

$

740,991 $

71.6 %
70.1
50.3
63.6
75.9
70.8
72.7
63.7
71.2
67.7
73.9
74.1
103.2
69.6

716,907

(1) In prior years, Information Technology Services' charges were allocated to user departments.
In fiscal year 2012, Information Technology Services' charges are budgeted for within
the Information Technology Services Department.

-3-

69.7 %

78.1 %
76.4
62.1
(44.0)
78.9
75.0
77.6
77.4
69.4
78.0
85.1
79.4
72.4
72.6

75.1 %

Citywide
Summary

Comparison to Prior Year

Revenues

YEAR-TO-DATE REVENUES
As of March 31, 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 March 31 increased by $2,981,263 to $2,137,353,372 from the
$2,134,372,109 collected during the same period last year, an increase of 0.1%.
For the current year, 71.0% of the total estimated revenue has been collected. Of the total
revenues received last year, 70.8% had been collected as of March 31.

-4-

Comparison to Prior Year

Operating Expenditures

YEAR-TO-DATE OPERATING EXPENDITURES

(millions of dollars)

As of March 31, 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 March 31 decreased $11,558,064 to $2,234,415,570 from the
$2,245,973,634 spent during the same period last year, a decrease of 0.5%.
For the current year, 64.3% of the total appropriations has been spent. Of the total actual
expenditures for last year, 74.2% had been spent as of March 31.

-5-

Comparison to Prior Year

Capital Expenditures

YEAR-TO-DATE CAPITAL EXPENDITURES
As of March 31, 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 March 31 decreased $59,871,249 to $551,492,351 from the
$611,363,600 spent during the same period last year, a decrease of 9.8%.
For the current year, 41.8% of the total appropriations has been spent. Of the total actual
expenditures for last year, 71.0% had been spent as of March 31.

-6-

Summary

Operating Revenues

As of March 31
(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

$

300,296 $
2,107

292,708
2,184

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

72.0 %
85.5

74.6 %
89.4

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

83,258
91,508
34,686
75,692
2,185
4,688
16,885
11,881
990
4,286
746
4,174
35,200
493
10,580

82,141
107,735
36,503
76,296
2,389
4,799
16,789
12,711
917
5,108
786
4,755
35,092
201
13,307

75.2
75.0
72.2
59.7
66.8
49.0
77.2
94.3
78.8
60.3
75.1
81.5
71.5
164.3
71.1

73.5
75.0
75.6
58.3
77.3
50.1
74.7
78.8
73.8
68.1
70.0
90.5
71.5
60.3
76.4

953,212

679,655

694,421

71.3

72.1

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

19,491
57,475
19,731
116,517
7,414
24,811
12,683
10,141
65,634
15,581
2,426
22,326
156,304
58,882

18,440
55,878
18,938
108,834
2,692
22,680
12,686
9,852
76,933
22,291
6,937
15,388
134,491
90,104

72.3
73.2
71.7
72.8
64.9
75.0
72.5
68.6
72.0
54.0
62.9
87.1
51.1
59.0

72.8
75.0
72.9
71.0
91.3
71.3
81.1
67.1
72.9
52.9
78.1
63.1
54.5
58.4

925,073

589,416

596,144

63.7

64.4

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

245,900
39,215
286,155
183,457
108,877
4,678

242,923
45,539
257,916
185,641
107,477
4,311

74.7
68.3
78.0
79.5
76.4
76.3

73.0
74.1
72.7
81.5
75.1
75.5

1,132,652

868,282

843,807

76.7

75.0

71.0 %

70.8 %

3,010,937

-7-

$

2,137,353 $

2,134,372

Summary

Operating Revenues
As of March 31, 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 March 31
(dollars in thousands)

Source
General Government
General Funds
Other Funds
Total General Government

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

Budget
2011-12
$

72,484 $
9,694
82,178

51,301
6,074
57,375

69.6 %
63.8
68.9

35,662
9,893
45,555

24,901
2,231
27,132

25,187
5,459
30,646

69.8
22.6
59.6

75.6
150.3
82.9

Public Safety
General Funds
Other Funds
Total Public Safety

655,377
161,111
816,488

486,915
116,881
603,796

486,015
118,052
604,067

74.3
72.5
74.0

76.0
77.5
76.3

Transportation
General Funds
Other Funds
Total Transportation

41,758
566,577
608,335

28,050
439,008
467,058

30,268
428,359
458,627

67.2
77.5
76.8

78.2
81.0
80.8

Community Development
General Funds
Other Funds
Total Community Development

21,470
230,974
252,444

14,326
128,675
143,001

14,607
119,049
133,656

66.7
55.7
56.6

75.1
76.0
75.9

Community Enrichment
General Funds
Other Funds
Total Community Enrichment

145,458
136,167
281,625

101,262
98,882
200,144

102,111
106,195
208,306

69.6
72.6
71.1

74.1
77.5
75.8

Environmental Services
General Funds
Other Funds
Total Environmental Services

17,378
617,100
634,478

11,094
395,906
407,000

7,198
420,916
428,114

63.8
64.2
64.1

51.2
75.3
74.8

Debt Service
General Funds
Other Funds
Total Debt Service

138,719
138,719

126,968
126,968

144,466
144,466

91.5
91.5

73.4
73.4

Capital Improvement
General Funds
Other Funds
Total Capital Improvement

3,733
489,288
493,021

1,959
175,180
177,139

220
180,497
180,717

52.5
35.8
35.9

19.7
54.8
54.6

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

-

$

740,991
1,493,425
2,234,416 $
-9-

716,907
1,529,067
2,245,974

69.7
61.9
64.3 %

72.6 %
82.1
73.5

75.1
73.8
74.2 %

Summary

Operating Expenditures and Encumbrances
As of March 31, 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 Oct

Nov

Dec

Jan

Current YTD Expenditures

Prior YTD Expenditures

Feb

Mar April May June

Prior YTD Expenditures

NOTE (1)
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

(millions of dollars)

(millions of dollars)

Total Public Safety

July Aug Sept Oct

Nov Dec

Jan

Current YTD Expenditures

NOTE (1)

Feb

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 Aug Sept Oct

Mar April May June

Nov Dec

Jan

Current YTD Expenditures

Prior YTD Expenditures

Feb

Mar April May June

Prior YTD Expenditures

In prior years, Information Technology Services' charges were allocated to user departments.
In fiscal year 2012, Information Technology Services' charges are budgeted for within
the Information Technology Services Department.

- 10 -

Summary

Operating Expenditures and Encumbrances
As of March 31, 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
March 31
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
$

32,548,662
112,037

$

31,302,034
135,775

Local Taxes:
Sales Taxes
Privilege License Fees

$

417,006,000
2,464,500

$

300,296,235
2,106,519

$

292,708,153
2,183,441

72.0 %
85.5

74.6 %
89.4

32,660,699

31,437,809

Total Local Taxes

419,470,500

302,402,754

294,891,594

72.1

74.7

9,553,508
10,168,120
4,860,166

9,133,972
11,970,581
4,819,572

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

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

83,258,139
91,508,044
34,686,298

82,140,662
107,735,263
36,502,933

75.2
75.0
72.2

73.5
75.0
75.6

24,581,794

25,924,125

280,806,000

209,452,481

226,378,858

74.6

74.5

4,760,790

4,540,878

Primary Property Tax

126,763,000

75,692,220

76,295,791

59.7

58.3

287,823

277,426

Licenses and Permits

3,270,000

2,185,155

2,388,527

66.8

77.3

Cable Communications

9,567,056

4,687,667

4,799,355

49.0

50.1

Municipal Court:
Fines and Forfeitures
Court Default Fee

20,759,025
1,100,000

16,023,694
861,019

15,944,385
844,725

77.2
78.3

74.8
72.8

21,859,025

16,884,713

16,789,110

77.2

74.7

12,597,587

11,880,768

12,711,376

94.3

78.8

-

-

2,237,647
206,027

2,487,949
177,122

2,443,674

2,665,071

1,295,726

1,090,728

Total State Shared Taxes

Total Municipal Court
Police

132,306

112,111

Library Fees

1,256,140

990,343

916,828

78.8

73.8

894,704

332,653

Parks and Recreation

7,102,531

4,286,055

5,107,675

60.3

68.1

59,290

129,480

Planning and Development

993,300

746,146

786,047

75.1

70.0

116,979

440,035

Street Transportation

5,124,098

4,173,920

4,754,851

81.5

90.5

2,811,109
139,725
231,357

2,985,782
261,232
141,805

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

26,828,115
581,286
7,790,110

26,693,981
665,493
7,732,834

73.0
44.7
69.8

72.5
51.6
70.6

3,182,191

3,388,819

49,211,613

35,199,511

35,092,308

71.5

71.5

41,038

26,410

301,380

493,424

201,446

163.7

60.3

941,178

3,938,110

14,889,664

10,579,484

13,307,132

71.1

76.4

71,398,192

74,303,655

953,211,894

679,654,641

694,420,898

71.3

72.1

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
March 31
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
$

1,551,455 $
110,819
554,091
(5,218)

1,430,515
102,180
510,899
(9,906)

2,211,147

2,033,688

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

$

Total Neighborhood Protection

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

$

13,595,380
971,099
4,855,493
68,906

$

12,928,968
923,498
4,617,489
(29,998)

72.2 %
72.2
72.2
143.6

72.9 %
72.5
72.5
71.1

26,956,000

19,490,878

18,439,957

72.3

72.8

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

42,648,459
14,864,886
(38,035)

41,253,186
14,576,044
48,336

73.2
73.9
(27.2)

74.6
76.0
101.0

78,517,000

57,475,310

55,877,566

73.2

75.0

27,510,000

19,731,464

18,937,704

71.7

72.9

107,640,000
52,325,926

77,687,889
38,828,653

73,879,821
34,953,754

72.2
74.2

72.9
67.5

159,965,926

116,516,542

108,833,575

72.8

71.0

Court Awards

11,425,309

7,413,676

2,691,773

64.9

91.3

Planning and Development

33,100,000

24,810,976

22,680,387

75.0

71.3

Public Safety Enhancement & Expansion:
Police
Fire
Interest/Other

4,608,565
1,537,912
(6,540)

4,345,416
1,477,412
1,913

6,139,937

5,824,741

2,243,084

2,092,198

Parks and Preserves

8,865,459
4,421,586

8,174,378
5,215,607

Transit 2000:
Sales Taxes
Interest/Other

13,287,045

13,389,985

1,057,028

470,873

3,253,976

2,613,755

1,368,047

1,422,857

Capital Construction

17,502,000

12,683,459

12,686,368

72.5

81.1

1,435,910
24,899

1,388,788
36,687

Sports Facilities:
Sales Taxes
Interest/Other

14,386,000
395,000

9,710,494
430,643

9,358,150
494,311

67.5
109.0

66.5
81.9

1,460,809

1,425,475

Total Sports Facilities

14,781,000

10,141,137

9,852,461

68.6

67.1

9,838,257
22,220
109,549

10,074,432
53,782
300

Highway User Revenue:
Highway User Revenue
Interest
Other

90,226,000
600,000
300,000

65,131,388
232,581
269,577

76,469,892
375,615
87,872

72.2
38.8
89.9

72.9
69.1
64.6

9,970,026

10,128,514

91,126,000

65,633,546

76,933,379

72.0

72.9

1,931,045

11,845

28,863,623

15,581,417

22,291,119

54.0

52.9

15,211

3,014,805

Community Reinvestment

3,853,899

2,426,367

6,936,918

63.0

78.1

2,655,752

1,813,450

Other Restricted Fees

25,633,671

22,326,481

15,387,757

87.1

63.1

Total Public Safety Enhancement & Expansion

Total Transit 2000

Total Highway User Revenue
Regional Transit Revenues

- 13 -

Revenues
For the Month Ended
March 31
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)

$

610,152
5,716,069
76,153

$

694,064
5,711,048
705,147

6,402,374

7,110,259

4,338,507
380,264
5,106,137
4,953,487

2,477,637
4,105,533
2,094,608
11,129,026

14,778,395

19,806,804

21,180,769

26,917,063

4,110,344
12,036

6,134,720
31,146

4,122,380

6,165,866

70,896,256

77,325,115

Grants:
Public Housing:
Rentals
Grants
Other

$

Total Public Housing

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

$

5,157,895
51,810,938
1,203,433

$

4,867,660
43,987,073
3,004,979

55.6 %
67.3
49.5

73.5 %
61.2
28.9

88,707,232

58,172,266

51,859,712

65.6

58.4

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

30,812,395
3,265,155
14,850,301
49,203,472

28,741,408
2,024,152
13,401,697
38,464,060

72.0
32.7
42.8
37.9

63.7
10.7
76.2
50.3

Total Other

217,374,857

98,131,323

82,631,317

45.1

52.3

Total Grants

306,082,089

156,303,589

134,491,029

51.1

54.5

94,529,000
5,228,000

56,304,511
2,577,226

87,488,678
2,615,396

59.6
49.3

58.7
49.2

99,757,000

58,881,737

90,104,074

59.0

58.4

925,073,517

589,416,579

596,144,067

63.7

64.4

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

67,259,390
144,425,929
1,120,467
2,318,243
1,249,564
2,162,975
27,364,008

61,693,080
147,853,758
948,557
2,754,010
1,236,150
2,450,391
25,987,405

62.3
83.1
69.2
70.5
72.5
60.0
74.0

74.3
75.2
70.0
37.6
75.7
75.9
66.0

329,035,500

245,900,576

242,923,351

74.7

73.0

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

28,107,562
10,807,484
299,826

26,845,402
18,225,858
467,189

70.8
63.2
50.0

71.0
79.1
74.7

57,391,160

39,214,872

45,538,449

68.3

74.1

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:

7,633,743
16,286,408
94,688
263,482
138,816
256,480
3,796,089

6,935,944
17,627,137
95,430
169,941
135,798
246,019
3,665,409

28,469,706

28,875,678

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

3,499,089
1,836,022
26,438

3,334,890
1,597,639
53,362

5,361,549

4,985,891

Excise Taxes
Operating Revenue
Interest
Total Convention Center

- 14 -

Revenues
For the Month Ended
March 31
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:
$

18,759,566
489,891
309,041
453,917
132,480
153,273
428,180

$

20,726,348

15,540,151
591,647
187,843
611,055
121,500
249,071
327,866
17,629,133

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

$

267,418,199
4,278,844
2,644,085
6,140,857
1,344,000
1,492,613
2,836,045

$

239,986,047
4,438,511
2,204,914
5,364,921
924,300
2,592,516
2,405,224

77.9 %
71.3
83.1
65.4
89.6
115.0
143.2

72.3 %
73.8
81.6
68.3
75.9
74.8
144.2

366,646,000

286,154,643

257,916,433

78.0

72.7

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

145,688,939
14,783,656
1,262,520
1,675,947
20,046,371

148,030,909
14,317,643
818,340
2,138,630
20,335,356

74.3
102.1
90.2
85.4
118.4

74.9
75.2
77.3
69.3
299.4

230,882,000

183,457,433

185,640,878

79.5

81.5

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

93,073,216
5,079,838
390,356
10,333,608

92,539,691
5,976,243
530,141
8,431,285

75.3
68.3
52.0
96.1

74.9
71.1
76.8
79.8

142,567,500

108,877,018

107,477,360

76.4

75.1

WASTEWATER:
16,081,609
1,422,263
116,460
149,882
781,504

16,369,726
1,338,281
100,980
175,647
774,342

18,551,718

18,758,976

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

10,388,486
508,211
42,253
164,822

10,284,109
950,162
61,372
1,129,518

11,103,772

12,425,161

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

$

670,269
7,294
252,700
(8,953)
15,916

643,855
6,854
243,195
(12,263)
2,375

937,226

884,016

85,150,319

83,558,855

227,444,767

$

235,187,625

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

3,088,894
60,687
1,535,967
(90,764)
82,826

2,852,222
51,346
1,352,748
(106,786)
161,143

75.3
77.4
76.5
49.0
64.7

76.0
69.9
73.1
74.8
93.6

6,129,618

4,677,610

4,310,673

76.3

75.5

1,132,651,778

868,282,152

843,807,144

76.7

75.0

71.0 %

70.8 %

3,010,937,189

$

2,137,353,372

$

2,134,372,109

Operating Expenditures and Encumbrances
For the Month Ended
March 31
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
$

127,716 $
267,528
242,383
2,425,906
110,224
222,945
206,579
1,656,963
92,706
355,103
47,728
846,088
48,927
(38,459)
258,076
1,508,930
1,689,191
10,068,534

109,667
331,588
298,442
(19,485,166)
96,007
280,135
280,561
1,910,118
163,061
(752,140)
30,675
1,709,523
70,643
19,963
362,279
2,506,454
(12,068,190)

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

$

1,022,079
2,331,152
1,095,707
21,351,994
1,272,671
2,000,236
1,923,387
14,653,223
1,638,611
3,548,956
1,667,709
7,760,902
85,575
38,542
2,356,913
14,861,139
4,568,769

$

1,060,948
2,456,786
1,234,943
(174,779)
976,945
2,053,239
2,031,880
15,313,236
2,056,302
2,634,595
226,216
8,141,644
73,157
94,014
2,695,345
16,500,158
-

$

1,022,079
2,331,152
1,095,707
21,206,234
1,272,671
2,000,236
1,923,387
14,653,223
1,638,611
3,537,227
1,667,709
7,695,595
85,575
38,542
2,356,913
14,757,596
4,568,769

$

145,760
11,729
65,307
103,543
-

119,308,245

82,177,565

57,374,629

81,851,226

326,339

40,846,452
4,708,450

23,641,237
3,490,736

27,242,122
3,403,501

23,288,221
3,490,736

353,016
-

45,554,902

27,131,973

30,645,623

26,778,957

353,016

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

406,842,224
196,710,113
243,455

408,562,781
194,980,583
523,590

404,832,676
195,953,183
243,455

2,009,548
756,930
-

816,487,722

603,795,792

604,066,954

601,029,314

2,766,478

Criminal Justice
2,530,436
394,118

3,413,716
385,258

2,924,554

3,798,974

Municipal Court
Public Defender
Total Criminal Justice
Public Safety

43,902,730
21,472,145
28,685

49,126,563
23,853,387
92,752

65,403,560

73,072,702

Police
Fire
Other
Total Public Safety

- 16 -

Operating Expenditures and Encumbrances
For the Month Ended
March 31
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
$

4,360,833
1,015,584
23,428,037
8,703,808
37,508,262

$

5,234,290
1,077,618
24,084,084
13,280,820
43,676,812

Street Transportation
Street Lighting
Aviation
Public Transit
Total Transportation

$

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

$

41,995,292
7,898,556
198,915,607
218,248,548

$

41,353,654
8,457,595
193,084,244
215,731,697

$

41,908,420
7,898,556
147,415,427
179,564,855

$

86,872
51,500,180
38,683,693

608,335,122

467,058,003

458,627,190

376,787,258

90,270,745

Community Development
2,313,224
6,438,702
1,736,570
3,966,713

3,474,631
6,740,522
2,125,149
3,531,573

Planning and Development
Housing
Economic Development
Neighborhood Services Department

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

23,457,674
58,458,756
18,071,250
43,013,595

24,142,742
57,282,517
20,205,098
32,025,436

23,457,674
58,404,336
16,419,783
43,013,595

54,420
1,651,467
-

14,455,209

15,871,875

Total Community Development

252,444,025

143,001,275

133,655,793

141,295,388

1,705,887

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

68,876,062
23,638,723
6,301,346
44,971,465
5,930,373
47,388,736
2,427,200
610,106

69,605,437
23,910,288
5,825,707
47,820,697
9,165,408
48,730,799
2,381,346
866,477

68,746,129
23,638,723
6,300,596
30,406,832
47,345,488
2,427,200
610,106

129,933
750
14,564,633
5,930,373
43,248
-

281,625,019

200,144,011

208,306,159

179,475,074

20,668,937

Community Enrichment
6,702,756
3,570,192
584,923
4,264,658
651,071
5,223,976
365,015
102,582
21,465,173

7,954,417
2,686,706
622,307
4,375,509
1,017,965
6,758,963
151,815
(44,912)
23,522,770

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
March 31
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
$

19,939,446
11,745,326
9,895,289
1,445,509
155,209
43,180,779

$

27,454,339
16,275,756
9,687,704
3,661,578
155,741
57,235,118

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

$

206,398,369
105,956,295
82,284,337
11,547,193
813,827

$

210,189,493
115,545,942
89,624,729
11,847,386
906,630

$

129,678,100
52,689,086
72,625,546
10,926,510
813,827

$

266,733,069

76,720,269
53,267,209
9,658,791
620,683
-

634,477,563

407,000,021

428,114,180

140,266,952

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

986,291
9,208,369
14,806,638
158,523
3,078,589
503,824
3,089,591
508,083
6,954,598
5,313,461
697,142
18,825,630
37,650
6,025,284
1,169,648
4,103,568
3,828
1,384,406
23,729,569
20,853,818
229,809
5,299,978

985,541
7,156,182
15,068,113
198,544
3,641,651
500,374
3,647,836
631,894
5,464,796
4,197,958
689,642
14,056,624
37,650
8,823,541
1,916,265
4,951,192
20,349,243
1,885,969
19,104,347
27,498,164
125,109
3,535,158

-

986,291
9,208,369
14,806,638
158,523
3,078,589
503,824
3,089,591
508,083
6,954,598
5,313,461
697,142
18,825,630
37,650
6,025,284
1,169,648
4,103,568
3,828
1,384,406
23,729,569
20,853,818
229,809
5,299,978

General Obligation Debt Service
109,588
1,023,152
1,645,182
17,613
342,065
55,981
343,288
56,453
772,733
590,385
77,460
2,091,377
4,183
669,476
129,961
431,277
153,823
2,636,619
2,317,091
25,534
582,467

109,504
795,131
1,674,235
22,061
404,628
55,597
405,315
70,210
607,200
466,440
76,627
1,561,487
4,183
980,393
212,918
1,591,339
628,657
2,122,705
3,055,356
13,901
1,170,909

14,075,708

16,028,796

Total Debt Service

138,718,984

126,968,297

144,465,793

-

126,968,297

18,217,346

33,070,486

Capital Improvement

493,021,254

177,138,633

180,717,313

-

177,138,633

$

227,299,125

$ 254,209,343

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 -

$

2,234,415,570

$

2,245,973,634

$

1,673,950,286

$

560,465,284

Capital Expenditures and Encumbrances
For the Month Ended
March 31
2012
2011
$

120,598 $
10,917,147
35,893
958,525
(111,155)
316,018
143,642
4,339,079
105,182
29,705
906,270
(16,328)

$

341,340
8,330,368
36,562
565,005
1,022,977
30,143
38,010
11,742,174
33,657
317,584
62,853
219,326

865,416
20,415
133,194
233,199

4,321,917
203,864
499,580
727,060

398,713
3,256,223
2,776,501
5,899,933

2,766,228
3,955,126
4,169,021
24,235,487

31,328,170 $

63,618,282

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

7,653,487 $
292,735,665
5,048,031
8,549,058
7,202,317

2010-11
Actual Yearto-Date
4,222,687
117,348,180
14,147,703
4,397,491
6,731,354

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
24,968,516
4,638,541
8,549,058
188,696

$

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

7,466,178
267,767,149
409,490
7,013,621

Unencumbered
Budget
$

7,150,620
143,077,004
5,095,483
9,167,923
11,995,483

Fire Protection
Freeway Mitigation
Historic Preservation
Housing

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

10,135,410
482,933
27,136,514

4,901,324
1,268,122
36,537,315

86,883
48,568,331

17,768,411

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

10,135,410
482,933
9,368,103

11,004,989
2,276,426
36,467,720

Human Services
Information Technology
Libraries
Neighborhood Services

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

378,657
4,825,462
2,928,130
1,405,962

4,513,059
6,541,971
4,291,567
2,677,413

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

3,155,994
1,259,231
609,930

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

378,657
1,669,468
1,668,899
796,032

2,478,605
9,427,941
4,769,724
10,679,714

Parks and Mountain Preserves
Phoenix Convention Center
Police Protection
Public Transit

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

34,361,512
638,246
2,273,105
6,494,116

54,239,329
3,827,490
10,277,628
20,672,952

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

22,310,978
580,875
1,827,726

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

12,050,534
57,371
2,273,105
4,666,390

65,426,513
1,574,057
23,236,495
71,497,436

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

12,397,722
49,030,506
15,899,240
61,916,278

21,699,810
80,457,362
26,260,846
186,349,997

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

7,250,262
30,787,168
13,439,614
39,616,324

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

5,147,460
18,243,338
2,459,626
22,299,954

19,046,496
106,683,967
91,563,176
135,684,709

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

$ 1,319,796,832 $

551,492,351 $

611,363,600

- 19 -

$ 493,021,254 $ 177,138,633

$

826,775,578 $

374,353,718

$

768,304,481

Bonds Authorized and Sold
As of March 31
(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

29,285
884,175

$

913,460

Revenue Bonds
Bonds Fully Issued
Total 1988 Authorizations

28,285
884,175

$

912,460

1,000
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