City of Phoenix, Arizona

Monthly Financial Report

June 2012

Monthly Financial Report – June 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 revenues were $3.0 billion for fiscal year 2011-12 which is a 0.8%
decrease from the prior fiscal year and were 0.7% below the estimated budget.

•

Fiscal year ended 2011-12 General Fund revenues were $948.4 million and were
within 0.5% of the budget estimate. However, fiscal year 2011-12 revenues
decreased $14.4 million as compared to fiscal year 2010-11. The decrease is
due to lower state shared Income Tax revenues of $21.6 million. There were
also decreases in Primary Property Tax for $2.9 million, Vehicle License Tax for
$1.9 million and Other Fees and Charges for $2.4 million. These decreases were
offset by an increase in Local Sales Tax Collections for $14.4 million indicating a
slight increase in the economy. (see pages 12-13)

Expenditures
•

Citywide operating expenditures for the fiscal year 2011-12 were 14.1% below
the budget estimate and $40.6 million less than fiscal year 2010-11. The
decrease is mostly due to decreases in Water, Wastewater and operating funded
capital projects. (see pages 20-25)

•

General Fund expenditures for fiscal year 2011-12 were 7.1% below the
budgeted expenditures. This is primarily due to less expenditures in General
Government, Public Safety, and Community Enrichment. (see page 3)

•

However, fiscal year 2011-12 General Fund expenditures were $41 million more
than fiscal year 2010-11 expenditures primarily due to a change in the
accounting for the Information Technology Services (ITS) Department’s costs
(see page 3). There were also increases in Public Safety for $7.1 million and in
Community Enrichment for $2.2 million.

•

Capital expenditures for fiscal year 2011-12 decreased $115.7 million to $745.3
million from $861.0 million. Significant decreases in capital expenditures as
compared to last fiscal year include $150.3 million in Water, $34.4 million in
Parks and Preserves, $68.2 million in Streets and Transportation, and $23.4
million in Public Transit projects. Decreases in Capital expenditures are partially
offset by increases at the Aviation Department (including PHX Sky-Train) of
$175.0 million. (see pages 26-27)

-1-

General Funds
Summary

Summary

General Funds

As of June 30
(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

406,888 $
2,335

392,380
2,442

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

114,017
122,012
46,400
128,054
2,946
9,381

111,787
143,647
48,299
130,913
3,092
9,584

103.0
100.0
96.6
101.0
90.1
98.1

100.0
100.0
100.0
100.0
100.0
100.0

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

21,375
1,217
15,614
1,372
6,684
1,057
5,261

21,322
1,160
16,125
1,243
7,496
1,124
5,253

103.0
110.6
123.9
109.2
94.1
106.4
102.7

100.0
100.0
100.0
100.0
100.0
100.0
100.0

36,750
12,462
300
14,890

35,851
12,077
802
15,041

36,837
12,244
334
17,407

97.6
96.9
267.3
101.0

100.0
100.0
100.0
100.0

953,212

$

$

948,384 $

-2-

962,689

97.6 %
94.7

99.5 %

100.0 %
100.0

100.0 %

Summary

General Funds

As of June 30
(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

$

1,443 $
3,157
1,830
29,728
2,325
2,166
18,288
1,992
4,564
10,192
2,888
16,631
3,373
98,577

1,338
3,217
1,661
2,805
2,285
2,336
18,029
2,655
3,620
9,240
3,169
18,401
1,894
70,650

101.1 %
95.0
92.8
90.4
100.3
94.7
100.3
77.4
91.8
92.6
90.5
96.9
121.2
94.7

100.0 %
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0

30,954
4,708
35,662

28,786
4,756
33,542

28,667
4,657
33,324

93.0
101.0
94.1

100.0
100.0
100.0

437,955
226,892
30
664,877

424,996
222,052
1
647,049

419,577
220,071
43
639,691

97.0
97.9
3.3
97.3

100.0
100.0
100.0
100.0

Transportation
Street Transportation
Public Transit
Total Transportation

22,527
19,231
41,758

20,457
18,704
39,161

19,663
19,048
38,711

90.8
97.3
93.8

100.0
100.0
100.0

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

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

4,305
10,695
4,345
48
19,393

4,309
10,304
4,743
102
19,458

88.1
92.7
87.0
84.2
90.3

100.0
100.0
100.0
100.0
100.0

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

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

89,564
32,578
16,141
1,743
140,026

86,181
32,306
17,044
2,262
137,793

100.0
92.3
87.3
82.2
96.3

100.0
100.0
100.0
100.0
100.0

Environmental Services
Public Works
Environmental Programs
Total Environmental Services

16,400
978
17,378

14,968
755
15,723

13,135
911
14,046

91.3
77.2
90.5

100.0
100.0
100.0

3,833

2,300

1,122

60.0

100.0

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

1,072,448

$

$

995,771 $

954,795

(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-

92.9 %

100.0 %

Citywide
Summary

Comparison to Prior Year

Revenues

YEAR-TO-DATE REVENUES
As of June 30, 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 June 30 decreased by $24,975,402 to $2,989,333,883 from the
$3,014,309,285 collected during the same period last year, a decrease of 0.8%.
For the current year, 99.3% of the total estimated revenue has been collected. Of the total
revenues received last year, 100.0% had been collected as of June 30.

-4-

Comparison to Prior Year

Operating Expenditures

YEAR-TO-DATE OPERATING EXPENDITURES

(millions of dollars)

As of June 30, 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 June 30 decreased $40,595,250 to $2,985,409,998 from the
$3,026,005,248 spent during the same period last year, a decrease of 1.3%.
For the current year, 85.9% of the total appropriations has been spent. Of the total actual
expenditures for last year, 100.0% had been spent as of June 30.

-5-

Comparison to Prior Year

Capital Expenditures

YEAR-TO-DATE CAPITAL EXPENDITURES
As of June 30, 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 June 30 decreased $115,708,501 to $745,255,616 from the
$860,964,117 spent during the same period last year, a decrease of 13.4%.
For the current year, 56.5% of the total appropriations has been spent. Of the total actual
expenditures for last year, 100.0% had been spent as of June 30.

-6-

Summary

Operating Revenues

As of June 30
(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

406,888 $
2,335

392,380
2,442

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

114,017
122,012
46,400
128,054
2,946
9,381
22,592
15,614
1,372
6,684
1,057
5,261
47,928
802
15,041

111,787
143,647
48,299
130,913
3,092
9,584
22,482
16,125
1,243
7,496
1,124
5,253
49,081
334
17,407

103.0
100.0
96.6
101.0
90.1
98.1
103.4
123.9
109.2
94.1
106.4
102.7
97.4
267.3
101.0

100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0

953,212

948,384

962,689

99.5

100.0

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

26,560
76,698
26,928
158,080
9,250
32,695
16,694
15,220
90,838
25,186
3,209
33,954
258,213
99,638

25,345
74,510
25,961
153,198
2,947
31,798
15,638
14,680
105,588
42,174
8,881
24,392
246,910
154,339

98.5
97.7
97.9
98.8
81.0
98.8
95.4
103.0
99.7
87.3
83.3
132.5
84.4
99.9

100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0

925,073

873,163

926,361

94.4

100.0

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

339,281
56,342
388,816
232,845
144,441
6,062

332,636
61,495
354,644
227,641
143,134
5,709

103.1
98.2
106.0
100.9
101.3
98.9

100.0
100.0
100.0
100.0
100.0
100.0

1,132,652

1,167,787

1,125,259

103.1

100.0

2,989,334 $

3,014,309

3,010,937

-7-

$

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

$

97.6 %
94.7

99.3 %

100.0 %
100.0

100.0 %

Summary

Operating Revenues
As of June 30, 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 June 30
(dollars in thousands)

Source
General Government
General Funds
Other Funds
Total General Government

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

Budget
2011-12
$

Criminal Justice
General Funds
Other Funds
Total Criminal Justice

104,122
15,886
120,008

$

98,577 $
11,081
109,658

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

70,650
7,397
78,047

94.7 %
69.8
91.4

100.0 %
100.0
100.0

35,662
9,893
45,555

33,542
2,763
36,305

33,324
3,634
36,958

94.1
27.9
79.7

100.0
100.0
100.0

Public Safety
General Funds
Other Funds
Total Public Safety

664,877
164,311
829,188

647,049
156,318
803,367

639,691
152,311
792,002

97.3
95.1
96.9

100.0
100.0
100.0

Transportation
General Funds
Other Funds
Total Transportation

41,758
571,577
613,335

39,161
545,268
584,429

38,711
529,119
567,830

93.8
95.4
95.3

100.0
100.0
100.0

Community Development
General Funds
Other Funds
Total Community Development

21,470
231,374
252,844

19,393
172,740
192,133

19,458
156,656
176,114

90.3
74.7
76.0

100.0
100.0
100.0

Community Enrichment
General Funds
Other Funds
Total Community Enrichment

145,458
142,867
288,325

140,026
132,327
272,353

137,793
137,031
274,824

96.3
92.6
94.5

100.0
100.0
100.0

Environmental Services
General Funds
Other Funds
Total Environmental Services

17,378
617,100
634,478

15,723
533,905
549,628

14,046
558,647
572,693

90.5
86.5
86.6

100.0
100.0
100.0

Debt Service
General Funds
Other Funds
Total Debt Service

139,719
139,719

157,298
157,298

196,779
196,779

112.6
112.6

100.0
100.0

Capital Improvement
General Funds
Other Funds
Total Capital Improvement

3,833
462,688
466,521

2,300
277,939
280,239

1,122
329,637
330,759

60.0
60.1
60.1

100.0
100.0
100.0

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

37,890
46,550
84,440

$

1,072,448
2,401,965
3,474,413

-

$

995,771
1,989,639
2,985,410 $
-9-

954,795
2,071,211
3,026,006

92.9
82.8
85.9 %

100.0
100.0
100.0 %

Summary

Operating Expenditures and Encumbrances
As of June 30, 2012

Total General Government

Total Criminal Justice

120

40

100

80

(millions of dollars)

(millions of dollars)

30

60

40

20

10

20

0

0

July

July Aug Sept Oct 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

see Note 1 on page 3 for General Government explanation.

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

Feb

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
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 June 30, 2012

Total Community Development

Total Community Enrichment

210

300

200

280

190
180

260

170

240

160
220

140

(millions of dollars)

(millions of dollars)

150
130
120
110
100
90
80
70
60

200
180
160
140
120
100
80

50
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

Revenues

For the Month Ended
June 30
2012
2011

Budget
Estimate
2011-12

Source

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

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

General Funds
$

39,114,973
63,146

$

32,462,369
64,643

Local Taxes:
Sales Taxes
Privilege License Fees

$

417,006,000
2,464,500

$

406,887,551
2,335,160

$

392,379,942
2,442,281

97.6 %
94.8

100.0 %
100.0

39,178,119

32,527,012

Total Local Taxes

419,470,500

409,222,711

394,822,223

97.6

100.0

11,272,110
10,168,121
4,435,402

9,150,236
11,970,582
3,851,230

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

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

114,017,120
122,012,407
46,400,088

111,787,366
143,647,008
48,298,761

103.0
100.0
96.6

100.0
100.0
100.0

25,875,633

24,972,048

280,806,000

282,429,615

303,733,135

100.6

100.0

25,176,589

15,992,652

Primary Property Tax

126,763,000

128,053,815

130,913,419

101.0

100.0

277,472

225,192

Licenses and Permits

3,270,000

2,946,284

3,091,909

90.1

100.0

2,260,490

2,392,357

Cable Communications

9,567,056

9,381,300

9,584,069

98.1

100.0

1,709,185
97,421

1,766,662
81,194

Municipal Court:
Fines and Forfeitures
Court Default Fee

20,759,025
1,100,000

21,374,953
1,216,672

21,322,177
1,160,310

103.0
110.6

100.0
100.0

1,806,606

1,847,856

21,859,025

22,591,625

22,482,487

103.4

100.0

1,003,932

1,050,707

12,597,587

15,614,435

16,124,788

123.9

100.0

Total State Shared Taxes

Total Municipal Court
Police

150,905

110,367

Library Fees

1,256,140

1,371,525

1,243,120

109.2

100.0

1,126,325

844,647

Parks and Recreation

7,102,531

6,683,902

7,495,570

94.1

100.0

-

100.0

-

(27)

Engineering & Architectural Services

88,526

81,883

Planning and Development

294,789

89,668

Street Transportation

3,240,242
413,999
731,910

3,381,517
185,637
939,007

4,386,151

4,506,161

127,532

52,775

2,223,373

2,044,206

103,976,442

86,737,504

-

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

- 12 -

-

(27)

993,300

1,057,304

1,123,637

106.4

100.0

5,124,098

5,261,218

5,253,203

102.7

100.0

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

35,850,702
1,334,889
10,742,069

36,836,527
1,290,737
10,952,769

97.6
102.7
96.2

100.0
100.0
100.0

49,211,613

47,927,660

49,080,033

97.4

100.0

301,380

801,578

334,170

266.0

100.0

14,889,664

15,041,372

17,407,241

101.0

100.0

953,211,894

948,384,344

962,688,977

99.5

100.0

Revenues

Revenues

For the Month Ended
June 30
2012
2011

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
$

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

1,688,738 $
113,552
566,764
(3,516)

1,597,067
121,290
606,452
(8,517)

2,365,538

2,316,292

4,977,245
1,649,687
(5,791)

4,751,495
1,571,947
(853)

6,621,141

6,322,589

2,433,236

2,332,048

Parks and Preserves

9,647,224
3,927,561

9,130,234
5,355,037

Transit 2000:
Sales Taxes
Interest/Other

13,574,785

14,485,271

1,835,870

255,166

$

Total Neighborhood Protection

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

$

18,582,821
1,320,273
6,600,365
57,011

$

17,740,555
1,274,397
6,371,984
(42,186)

98.7 %
98.2
98.1
118.8

100.0 %
100.0
100.0
100.0

26,956,000

26,560,470

25,344,750

98.5

100.0

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

57,142,410
19,611,580
(56,084)

55,288,854
19,173,148
47,880

98.1
97.5
(40.1)

100.0
100.0
100.0

78,517,000

76,697,906

74,509,882

97.7

100.0

27,510,000

26,927,589

25,960,955

97.9

100.0

107,640,000
52,325,926

106,184,838
51,894,976

101,378,740
51,819,571

98.6
99.2

100.0
100.0

159,965,926

158,079,814

153,198,311

98.8

100.0

Court Awards

11,425,309

9,249,546

2,946,939

81.0

100.0

Planning and Development

33,100,000

32,695,158

31,798,164

98.8

100.0

Capital Construction

17,502,000

16,693,968

15,638,203

95.4

100.0

Sports Facilities:
Sales Taxes
Interest/Other

14,386,000
395,000

14,669,881
549,667

14,076,178
603,882

102.0
139.2

100.0
100.0

Public Safety Enhancement & Expansion:
Police
Fire
Interest/Other
Total Public Safety Enhancement & Expansion

Total Transit 2000

1,614,778

3,355,034

1,419,624

75,816

1,299,665
72,940

1,251,513
37,886

1,372,605

1,289,399

Total Sports Facilities

14,781,000

15,219,548

14,680,060

103.0

100.0

7,737,081
14,438
(872)

9,325,382
49,181
300

Highway User Revenue:
Highway User Revenue
Interest
Other

90,226,000
600,000
300,000

90,367,525
289,110
181,751

104,908,162
543,246
136,094

100.2
48.2
60.6

100.0
100.0
100.0

7,750,647

9,374,863

91,126,000

90,838,386

105,587,502

99.7

100.0

1,930,819

19,832,870

28,863,623

25,186,095

42,175,256

87.3

100.0

Total Highway User Revenue
Regional Transit Revenues

297,479

1,578,129

Community Reinvestment

2,638,036

4,475,205

Other Restricted Fees

- 13 -

3,853,899

3,208,993

8,880,633

83.3

100.0

25,633,671

33,953,872

24,391,842

132.5

100.0

Revenues

Revenues

For the Month Ended
June 30
2012
2011

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)

$

451,515
7,536,050
2,972,259

$

613,659
15,551,727
5,872,383

10,959,824

22,037,769

9,277,935
7,075,262
(607,262)
18,989,542

8,800,440
13,903,652
737,525
27,512,787

34,735,477

50,954,404

45,695,301

72,992,173

18,350,851
2,546,300

17,536,407
61,145

20,897,151

17,597,552

110,447,010

156,282,407

Grants:
Public Housing:
Rentals
Grants
Other

$

Total Public Housing

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

$

6,861,682
71,196,055
4,655,698

$

6,621,112
71,820,792
10,388,678

74.0 %
92.5
191.5

100.0 %
100.0
100.0

88,707,232

82,713,435

88,830,582

93.2

100.0

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

47,872,743
22,917,080
17,470,088
87,239,747

45,109,154
18,850,309
17,589,802
76,530,274

111.9
229.6
50.4
67.1

100.0
100.0
100.0
100.0

Total Other

217,374,857

175,499,658

158,079,539

80.7

100.0

Total Grants

306,082,089

258,213,093

246,910,121

84.4

100.0

94,529,000
5,228,000

94,435,864
5,202,121

149,018,526
5,320,237

99.9
99.5

100.0
100.0

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

99,757,000

99,637,985

154,338,763

99.9

100.0

925,073,517

873,162,423

926,361,381

94.4

100.0

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

91,129,057
194,074,228
832,515
7,382,329
1,674,139
2,962,728
41,225,342

83,066,217
196,647,521
1,355,324
7,327,025
1,632,068
3,228,681
39,377,770

84.4
111.7
51.4
224.7
97.1
82.1
111.4

100.0
100.0
100.0
100.0
100.0
100.0
100.0

329,035,500

339,280,338

332,634,606

103.1

100.0

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

40,029,700
15,939,510
372,955

37,834,704
23,035,562
625,089

100.9
93.2
62.2

100.0
100.0
100.0

57,391,160

56,342,165

61,495,355

98.2

100.0

Enterprise Funds
AVIATION:
8,004,590
13,158,535
(470,191)
4,392,310
140,345
331,828
4,517,266

7,018,344
16,241,102
183,531
3,634,666
133,189
307,754
4,577,070

30,074,683

32,095,656

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

3,724,992
1,620,634
21,771

3,381,064
1,113,893
51,276

5,367,397

4,546,233

Excise Taxes
Operating Revenue
Interest
Total Convention Center

- 14 -

Revenues

Revenues

For the Month Ended
June 30
2012
2011

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:
$

43,008,430 $
515,530
(352,707)
(899,478)
115,200
216,609
(225,700)

37,680,595
522,270
(36,184)
1,038,811
151,080
296,034
(1,241,547)

42,377,884

38,411,059

16,096,270
(2,323,856)
107,040
183,474
(3,346,310)

16,860,225
1,510,059
133,200
374,895
(15,089,019)

10,716,618

3,789,360

10,479,729
731,950
33,859
67,259

10,316,796
900,350
52,220
(235,081)

11,312,797

11,034,285

Water Sales
Water Service Fees
Distribution
Intergovernmental
Development Fees
Interest
Other

$

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

Total Water System

$

366,917,051
5,685,568
3,001,027
6,365,378
1,820,280
1,918,502
3,108,222

$

331,730,015
6,011,686
2,700,880
7,850,359
1,217,640
3,465,636
1,668,015

106.9 %
94.8
94.4
67.8
121.4
147.8
157.0

100.0 %
100.0
100.0
100.0
100.0
100.0
100.0

366,646,000

388,816,028

354,644,231

106.0

100.0

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

194,388,181
15,746,953
1,670,220
2,211,662
18,828,236

197,660,319
19,044,986
1,059,239
3,084,972
6,791,627

99.1
108.7
119.3
112.7
111.2

100.0
100.0
100.0
100.0
100.0

230,882,000

232,845,252

227,641,143

100.9

100.0

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

124,377,559
6,873,823
501,105
12,688,789

123,477,977
8,399,679
689,985
10,566,553

100.6
92.4
66.8
118.0

100.0
100.0
100.0
100.0

142,567,500

144,441,276

143,134,194

101.3

100.0

WASTEWATER:
Sewer Service Charges
Multi-City
Development Fees
Interest
Other
Total Wastewater
SOLID WASTE:
Collection Fees
Landfill Fees
Interest
Other
Total Solid Waste
GOLF COURSES:

$

177,862
4,243
128,670
(7,356)
(1,705)

155,129
12,194
117,337
(12,484)
(10,124)

301,714

262,052

100,151,093

90,138,645

314,574,545

$

333,158,556

Fees
Coffee Shops
Concessions
Interest
Other

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

3,966,553
77,755
2,035,954
(114,095)
95,890

3,755,168
73,428
1,851,490
(142,771)
172,083

96.7
99.2
101.4
61.6
74.9

100.0
100.0
100.0
100.0
100.0

6,129,618

6,062,057

5,709,398

98.9

100.0

1,132,651,778

1,167,787,116

1,125,258,927

103.1

100.0

Total Golf Courses
Total Enterprise Funds
Total Operating Revenues

$

3,010,937,189

- 15 -

$

2,989,333,883

$

3,014,309,285

99.3 %

100.0 %

Operating Expenditures and Encumbrances
For the Month Ended
June 30
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
$

163,629 $
368,993
435,565
4,330,303
98,827
277,494
294,430
2,558,212
299,450
381,414
34,351
1,279,273
(56,150)
11,697
363,683
2,298,103
451,554
13,590,828

98,223
269,171
252,585
2,027,839
89,984
151,800
254,562
1,454,461
235,239
224,293
197,059
46,941
(123,876)
7,531
(49,906)
1,477,720
956,305
7,569,931

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
4,329,630

$

1,442,741
3,156,995
1,972,121
30,304,251
1,512,294
2,630,376
2,578,167
20,118,428
1,992,482
4,579,514
1,937,633
10,623,798
26,802
94,755
2,887,797
19,470,397
4,329,629

$

1,353,623
3,217,095
1,954,091
3,482,689
1,241,735
2,596,363
2,719,727
19,695,153
2,655,260
3,633,875
564,451
9,691,845
118,384
3,168,939
20,997,551
956,305

$

1,442,741
3,156,995
1,972,121
30,113,910
1,512,294
2,630,376
2,578,167
20,118,428
1,992,482
4,564,195
1,937,633
10,538,499
26,802
94,755
2,887,797
19,335,158
4,329,629

$

190,341
15,319
85,299
135,239
-

120,008,245

109,658,180

78,047,086

109,231,982

426,198

40,846,452
4,708,450

31,549,036
4,756,029

32,300,536
4,657,320

31,088,257
4,756,029

460,779
-

45,554,902

36,305,065

36,957,856

35,844,286

460,779

560,090,725
268,616,005
480,992

541,076,021
261,867,164
424,275

534,049,237
257,456,943
495,945

538,418,361
260,879,096
424,275

2,657,660
988,068
-

829,187,722

803,367,460

792,002,125

799,721,732

3,645,728

Criminal Justice
3,510,413
508,530

(604,652)
502,829

4,018,943

(101,823)

Municipal Court
Public Defender
Total Criminal Justice
Public Safety

56,687,687
26,644,326
48,116

39,545,396
20,762,011
(93,268)

83,380,129

60,214,139

Police
Fire
Other
Total Public Safety

- 16 -

Operating Expenditures and Encumbrances
For the Month Ended
June 30
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
$

6,877,932 $
1,012,932
41,514,797
(2,043,495)

4,081,274
920,714
38,275,807
906,177

47,362,166

44,183,972

Street Transportation
Street Lighting
Aviation
Public Transit
Total Transportation

$

58,632,945
11,685,358
290,441,289
252,575,530

$

57,469,178
10,583,687
282,876,705
233,499,188

$

53,787,348
11,137,165
272,584,623
230,320,549

$

57,355,714
10,583,687
202,166,748
185,104,803

$

113,464
80,709,957
48,394,385

613,335,122

584,428,758

567,829,685

455,210,952

129,217,806

Community Development
3,393,711
6,485,754
4,027,582
7,002,342

2,500,992
7,067,891
1,536,778
4,110,376

Planning and Development
Housing
Economic Development
Neighborhood Services Department

33,601,910
75,437,220
37,875,681
105,929,214

31,468,020
77,245,247
25,761,255
57,658,052

31,538,145
76,835,540
25,021,787
42,718,651

31,468,020
77,172,775
22,006,139
57,658,052

72,472
3,755,116
-

20,909,389

15,216,037

Total Community Development

252,844,025

192,132,574

176,114,123

188,304,986

3,827,588

96,385,575
36,069,133
8,541,758
62,545,832
10,968,395
68,839,505
4,133,240
841,581

95,569,009
33,488,228
8,261,247
57,836,346
7,883,584
65,299,085
3,376,317
639,007

92,204,141
33,227,359
7,857,363
60,621,920
10,712,452
65,357,181
3,862,399
980,802

95,399,320
33,488,228
8,260,497
38,476,688
65,242,625
3,376,317
639,007

169,689
750
19,359,658
7,883,584
56,460
-

288,325,019

272,352,823

274,823,617

244,882,682

27,470,141

Community Enrichment
12,462,603
4,092,267
914,252
5,571,056
651,070
8,242,586
453,703
21,372
32,408,909

7,564,987
3,485,177
672,902
4,261,864
(490,506)
5,808,183
808,343
(39,347)
22,071,603

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
June 30
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
$

28,296,927
14,204,433
14,314,593
2,786,894
193,409
59,796,256

$

24,537,018
14,416,404
9,683,386
(1,098,184)
197,005
47,735,629

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

$

273,029,218
137,079,930
121,978,326
16,277,125
1,263,074

$

282,095,151
154,917,554
118,911,314
15,363,077
1,405,866

$

175,045,074
72,622,085
109,101,036
15,467,906
1,263,074

$

373,499,175

97,984,144
64,457,845
12,877,290
809,219
-

634,477,563

549,627,673

572,692,962

176,128,498

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
(36,180,505)
1,846,375
31,958,772
28,293,672
306,413
7,437,854

1,314,930
12,203,413
19,167,584
210,364
3,748,045
665,965
3,635,836
662,694
8,357,587
6,962,608
902,767
24,556,510
50,200
7,768,537
1,431,300
6,256,689
3,834
1,752,387
22,516,618
27,520,859
306,412
7,303,162

1,314,055
9,541,576
20,090,817
5,453,293
264,725
4,855,535
667,165
4,863,781
842,526
7,286,395
5,597,277
919,522
18,741,085
50,200
11,764,722
2,555,020
2,346,787
35,241,380
519
25,472,463
36,664,230
166,813
2,079,051

-

1,314,930
12,203,413
19,167,584
210,364
3,748,045
665,965
3,635,836
662,694
8,357,587
6,962,608
902,767
24,556,510
50,200
7,768,537
1,431,300
6,256,689
3,834
1,752,387
22,516,618
27,520,859
306,412
7,303,162

General Obligation Debt Service
109,463
948,739
1,070,582
16,613
(14,675)
50,180
(140,331)
41,703
(142,477)
468,378
50,705
1,548,127
4,183
404,301
1,730
1,290,506
60,272
(6,486,189)
2,032,860
25,534
838,189

109,505
795,131
1,674,235
5,453,293
22,061
404,628
55,597
405,315
70,210
607,200
466,440
76,626
1,561,487
4,183
980,393
212,918
(5,787,402)
14,892,130
(3,143,081)
2,122,705
3,055,355
13,902
(3,798,241)

2,178,393

20,254,590

Total Debt Service

139,718,984

157,298,301

196,778,937

-

157,298,301

54,630,735

100,823,346

Capital Improvement

466,521,254

280,239,164

330,758,857

-

280,239,164

$

318,275,748

$ 317,967,424

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

Contingencies
Total Operating Budget

84,440,000
$

3,474,412,836

- 18 -

$

2,985,409,998

$

3,026,005,248

$

2,206,695,795

$

778,714,203

Capital Expenditures and Encumbrances
For the Month Ended
June 30
2012
2011
$

(4,701,910) $
22,760,879
342,229
1,393,828
808,738
194,822
262,017
6,903,919

$

Capital Expenditures and Encumbrances
2010-11
Actual Yearto-Date

2011-12
Actual YearBudget
to-Date

Program

(3,689,365)
22,778,520
4,159,182
1,359,667
2,105,497

Arts and Cultural Facilities
Aviation
Economic Development
Energy Conservation
Facilities Management

$

14,804,107 $
430,912,669
10,543,514
17,716,981
19,197,800

15,956,831 $
332,919,825
5,273,101
10,920,117
8,862,529

(7,394,734)
691,604
10,618,324

Fire Protection
Freeway Mitigation
Historic Preservation
Housing

21,140,399
2,759,359
67,304,234

13,561,626
810,971
39,939,990

2,157,262
14,253,403
7,697,854
12,085,676

6,432,134
157,883,858
18,529,456
6,997,468
15,007,836

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

1,195,000 $
53,590,375
6,944,985
17,716,981
1,752,000

4,622,559
39,392,716
4,037,965
10,920,117
594,444

5,077,215
2,040,547
52,513,484

86,883
48,768,331

645,851
7,842,740
3,037,181
3,083,886

8,273,520
7,982,018
5,614,560
3,356,180

$

Unencumbered
Budget

13,609,107 $
377,322,294
3,598,529
17,445,800

11,334,272
293,527,109
1,235,136
8,268,085

$

(1,152,724)
97,992,844
5,270,413
6,796,864
10,335,271

26,478,064

21,140,399
2,672,476
18,535,903

13,561,626
810,971
13,461,926

7,578,773
1,948,388
27,364,244

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

4,394,530
1,344,701
790,663

2,157,262
3,996,870
6,243,354
8,118,815

645,851
3,448,210
1,692,480
2,293,223

1,511,411
6,410,663
4,660,673
9,001,790

17,429
53,270
6,783
128,942

3,608,722
975,082
407,732
402,402

Human Services
Information Technology
Libraries
Neighborhood Services

1,090,010
671,366
1,650,606
1,220,787

5,777,682
509,772
300,536
4,003,914

Parks and Mountain Preserves
Phoenix Convention Center
Police Protection
Public Transit

100,088,025
2,412,303
25,509,600
77,991,552

38,343,729
1,643,819
4,018,166
9,896,209

72,654,199
4,493,423
11,834,042
33,260,738

47,150,118
2,312,303
26,179,381

25,614,725
1,584,649
4,009,162

52,937,907
100,000
25,509,600
51,812,171

12,729,004
59,170
4,018,166
5,887,047

61,744,296
768,484
21,491,434
68,095,343

76,538
14,042,777
10,494,960
10,442,786

98,535
16,194,171
8,057,216
36,391,415

Solid Waste Disposal
Street Transportation & Drainage
Wastewater
Water System

31,444,218
155,714,473
95,462,416
184,100,987

15,511,602
70,654,655
66,342,470
95,990,318

22,640,438
138,848,567
41,347,015
246,177,419

16,565,000
70,784,504
58,777,540
99,019,959

11,327,712
47,477,684
32,555,529
65,093,944

14,879,218
84,929,969
36,684,876
85,081,028

4,183,890
23,176,971
33,786,941
30,896,374

15,932,616
85,059,818
29,119,946
88,110,669

67,860,776 $

107,355,874

Total Capital Improvement Program

$ 1,293,296,832 $

745,255,616 $

- 19 -

860,964,117

$ 466,521,254 $ 280,239,164

$

826,775,578 $

465,016,452

$

548,041,216

Bonds Authorized and Sold
As of June 30
(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

64,600
124,685
24,170
60,700
11,205
32,100
89,275
71,645
72,575
77,685
65,950
43,700

1,700
615
630
800
795
900
2,225
2,355
4,425
1,115
50
-

753,900

738,290

15,610

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

63,385
8,510
190,610
8,345
85,510
61,200
21,100
102,290
81,900
58,135
61,770

17,615
2,590
8,090
4,455
19,112
13,505
8,078
13,210
25,395
20,065
3,630

878,500

742,755

135,745

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

$

2,537,395

$

152,355