City of Phoenix, Arizona

Monthly Financial Report

March 2014

Monthly Financial Report – March 2014
Executive Summary

Budget
•

The budget amounts in this report represent the official adopted budget, as
approved by the City Council, for fiscal year 2013-14.

Revenues
•

Local Taxes and the City’s portion of State Shared Taxes comprise the major
portion, approximately 75 percent, of estimated General Fund revenues. March
2014 year to date local sales tax revenues were $11.2 million higher than
through the prior March, an increase of 3.7%. State Shared Taxes were $19.5
million higher compared to the same period in the prior year, an increase of
8.3%. Additionally, Primary Property Taxes received through March 2014 were
$7.1 million higher than the previous fiscal year, an increase of 9.0%. Overall,
General Fund revenues at the end of March 2014 are 5.5% higher than March
2013. (see page 2)

•

Transit 2000 and Regional Transit combined revenues through March 2014 were
$12.7 million (9.2%) higher than March 2013. Planning and Development
revenues were $5.3 million (18.4%) higher at the end of March 2014 than March
2013. The G.O. Bond/Secondary Property Tax Fund year to date revenues for
March 2014 were $15.7 million less than March 2013 reflecting the City policy to
maintain the total property tax rate by increasing the primary rate to meet
operating obligations and correspondingly decreasing the secondary rate.
Overall, revenues for the Special Revenue and Debt Service funds increased by
$3.6 million (0.6%) through March 2014 as compared to March 2013.
(see
page 7)

•

For fiscal year 2014, Aviation Customer Facility Charges (CFC) are being
recorded in capital funds rather than operating funds. Through March 2013 the
CFC revenues totaled $27.1 million. For all other operating revenues, Aviation
has seen an increase of $15.8 million (7.0%). Not including the sale of property
in McMullen Valley for $29.7 million in July 2012, water system operating
revenues have decreased $2.1 million (0.7%) at the end of March 2014 as
compared to March 2013. Year to date revenues for wastewater have decreased
$6.4 million (3.8%) from the prior year. (see page 7)

Expenditures
•

General Fund expenditures were $3.8 million higher at the end of March 2014 as
compared to the prior March, a change of less than 1%. (See page 3)

•

Total citywide operating expenditures were $46.4 million less at the end of March
2014 as compared to the prior March, a decrease of 2.0%. The decrease is

-1-

primarily due to lower community development expenditures in the Neighborhood
Services Department and lower debt service payments.(See pages 5 & 9)
•

Capital expenditures through March 2014 were $10.7 million lower than the same
period in the prior fiscal year, a decrease of 2.5%. Increases in Aviation, Street
Transportation and Information Technology capital spending were offset by
decreased spending in Arts and Cultural Facilities, Housing, Parks and Mountain
Preserves, and Public Transit.

-2-

General Funds
Summary

Summary

General Funds

As of March 31
(dollars in thousands)
Budget
Estimate
2013-14

Actual
Year-to-Date
2013-14
2012-13

% of Year-to-Date
Estimate
Actual
2013-14
2012-13

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

$

$

442,309
2,363

314,074 $
2,220

302,923
2,099

71.0 %
93.9

74.4 %
89.3

127,448
160,852
51,150
142,849
2,830
9,525

93,507
121,231
38,442
85,996
2,090
4,854

87,192
110,751
35,772
78,904
2,005
4,811

73.4
75.4
75.2
60.2
73.9
51.0

73.4
75.0
74.0
59.7
74.2
50.6

19,312
1,210
13,266
1,362
7,912
1,058
3,975

13,093
725
9,285
783
4,964
937
2,794

13,975
744
8,931
765
5,441
914
3,317

67.8
59.9
70.0
57.5
62.7
88.6
70.3

73.8
68.5
70.4
76.0
66.0
73.1
79.1

37,900
12,451
2,200
11,817

23,717
9,397
1,359
13,454

24,811
9,064
1,112
10,391

62.6
75.5
61.8
113.9

73.6
73.3
77.3
75.1

1,051,789

$

$

742,922 $

-3-

703,922

70.6 %

72.0 %

Summary

General Funds

As of March 31
(dollars in thousands)
Budget
Estimate
2013-14

Actual
Year-to-Date
2013-14
2012-13

% of Year-to-Date
Estimate
Actual
2013-14
2012-13

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

$

1,284 $
2,510
1,464
22,435
1,617
1,669
14,553
2,008
3,212
6,993
2,473
13,325
1,724
75,267

1,287
2,410
1,196
21,673
1,924
1,673
14,791
1,657
3,599
7,229
2,426
11,975
2,000
73,840

73.2 %
69.9
60.0
68.4
69.7
70.5
74.5
84.1
56.4
68.4
81.0
73.8
77.9
70.7

77.1 %
74.7
62.2
66.1
78.8
74.0
74.8
85.0
76.6
74.3
83.1
73.2
80.6
72.2

29,395
4,903
34,298

21,164
3,419
24,583

21,708
3,484
25,192

72.0
69.7
71.7

75.7
73.1
75.3

462,407
250,693
22
713,122

340,423
184,082
(26)
524,479

333,267
179,824
7
513,098

73.6
73.4
(118.2)
73.5

74.9
75.0
43.4
74.9

Transportation
Street Transportation
Public Transit
Total Transportation

22,097
19,520
41,617

13,205
9,395
22,600

14,251
14,515
28,766

59.8
48.1
54.3

76.0
74.8
75.4

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

5,134
12,337
5,026
54
22,551

3,459
8,534
3,297
37
15,327

3,151
8,307
3,295
37
14,790

67.4
69.2
65.6
68.5
68.0

75.1
73.0
76.5
75.0
74.2

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

94,371
35,478
18,711
2,942
151,502

65,663
24,772
12,996
1,885
105,316

65,206
24,085
12,865
1,769
103,925

69.6
69.8
69.5
64.1
69.5

74.5
71.8
72.2
77.0
73.6

Environmental Services
Public Works
Environmental Programs
Total Environmental Services

16,554
984
17,538

10,609
527
11,136

13,106
587
13,693

64.1
53.6
63.5

90.0
73.7
89.2

2,442

779

2,394

31.9

75.5

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

Capital Improvement
Contingencies
Total Expenditures and Encumbrances

1,755
3,590
2,442
32,781
2,319
2,367
19,542
2,389
5,694
10,225
3,054
18,061
2,213
106,432

$

38,313
$

1,127,815

$

-4-

779,487 $

775,698

69.1 %

74.7 %

Citywide
Summary

Comparison to Prior Year

Revenues

YEAR-TO-DATE REVENUES
As of March 31, 2014
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
For the entire City, including enterprise funds such as Water Services and Aviation, year-todate revenues as of March 31 decreased by $4,058,777 to $2,199,208,422 from the
$2,203,267,199 collected during the same period last year, a decrease of 0.2%.
For the current year, 70.8% of the total estimated revenue has been collected. Of the total
revenues received last year, 71.3% had been collected as of March 31.

-5-

Comparison to Prior Year

Operating Expenditures

YEAR-TO-DATE OPERATING EXPENDITURES

(millions of dollars)

As of March 31, 2014
3,300
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 $46,419,084 to $2,268,910,350 from the
$2,315,329,434 spent during the same period last year, a decrease of 2.0%.
For the current year, 64.8% of the total appropriations has been spent. Of the total actual
expenditures for last year, 74.1% had been spent as of March 31.

-6-

Comparison to Prior Year

Capital Expenditures

YEAR-TO-DATE CAPITAL EXPENDITURES
As of March 31, 2014
800
750
700
650
600

(millions of dollars)

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
For the entire City, including enterprise funds such as Water Services and Aviation, year-to-date
capital expenditures as of March 31 decreased $10,710,973 to $425,035,705 from the
$435,746,678 spent during the same period last year, a decrease of 2.5%.
For the current year, 35.3% of the total appropriations has been spent. Of the total actual
expenditures for last year, 58.9% had been spent as of March 31.

-7-

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

$

Total General Funds
Special Revenue and Debt Service Funds
Neighborhood Protection
Public Safety Enhancement & Expansion
Parks and Preserves
Golf Courses
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/Secondary Property Tax
Total Special Revenue and
Debt Service Funds
Enterprise Funds
Aviation
Convention Center
Water System
Wastewater
Solid Waste
Total Enterprise Funds
Total Operating Revenues

Actual
Year-to-Date
2013-14
2012-13

Budget
Estimate
2013-14

$

442,309
2,363

314,074 $
2,220

302,923
2,099

127,448
160,852
51,150
142,849
2,830
9,525
20,522
13,266
1,362
7,912
1,058
3,975
50,351
2,200
11,817

93,507
121,231
38,442
85,996
2,090
4,854
13,818
9,285
783
4,964
937
2,794
33,114
1,359
13,454

87,192
110,751
35,772
78,904
2,005
4,811
14,719
8,931
765
5,441
914
3,317
33,875
1,112
10,391

73.4
75.4
75.2
60.2
73.9
51.0
67.3
70.0
57.5
62.7
88.6
70.3
65.8
61.8
113.9

73.4
75.0
74.0
59.7
74.2
50.6
73.5
70.4
76.0
66.0
73.1
79.1
73.5
77.3
75.1

1,051,789

742,922

703,922

70.6

72.0

30,240
85,231
30,399
8,056
171,171
15,377
36,720
17,226
15,829
100,600
41,867
4,862
31,368
288,554
40,581

21,627
62,367
21,638
6,188
124,494
12,167
33,846
11,530
10,724
73,177
26,292
3,517
21,318
159,184
23,368

20,210
58,810
20,253
4,914
119,926
8,159
28,586
12,434
10,226
70,650
18,180
3,336
28,237
164,912
39,021

71.5
73.2
71.2
76.8
72.7
79.1
92.2
66.9
67.7
72.7
62.8
72.3
68.0
55.2
57.6

73.0
73.9
73.0
58.9
73.5
83.0
70.7
75.6
67.0
71.3
76.5
68.9
69.4
56.0
58.4

918,081

611,437

607,854

66.6

66.2

309,343
60,544
407,753
211,312
145,756

241,944
41,231
290,366
160,786
110,522

253,236
41,439
322,174
167,184
107,458

78.2
68.1
71.2
76.1
75.8

72.8
69.5
75.7
76.8
75.0

1,134,708

844,849

891,491

74.5

74.7

70.8 %

71.3 %

3,104,578

-8-

$

% of Year-to-Date
Estimate
Actual
2013-14
2012-13

$

2,199,208 $

2,203,267

71.0 %
93.9

74.4 %
89.3

Summary

Operating Revenues
As of March 31, 2014

General Funds Local Taxes

General Funds State Shared Taxes

450

350

400
300
350
250

(millions of dollars)

(millions of dollars)

300

250

200

150

200

150

100
100
50
50

0

0
July

Sept

Nov

Jan

Current YTD Revenues

Mar

May

July

Prior YTD Revenues

Sept

Nov

Jan

Current YTD Revenues

Total General Funds Revenues

Mar

May

Prior YTD Revenues

Highway User Revenues
110

1,200

100
1,000

90
80

(millions of dollars)

(millions of dollars)

800

600

400

70
60
50
40
30
20

200

10
0

0
July

Sept

Nov

Jan

Current YTD Revenues

Mar

July

May

Sept

Nov

Current YTD Revenues

Prior YTD Revenues

-9-

Jan

Mar

May

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
2013-14
2012-13

Budget
2013-14
$

75,267 $
11,654
86,921

73,840
10,073
83,913

70.7 %
84.2
72.3

72.2 %
85.3
73.6

34,298
12,573
46,871

24,583
6,062
30,645

25,192
5,922
31,114

71.7
48.2
65.4

75.3
75.6
75.4

Public Safety
General Funds
Other Funds
Total Public Safety

713,122
171,219
884,341

524,479
107,851
632,330

513,098
117,170
630,268

73.5
63.0
71.5

74.9
74.3
74.8

Transportation
General Funds
Other Funds
Total Transportation

41,617
595,272
636,889

22,600
447,757
470,357

28,766
444,651
473,417

54.3
75.2
73.9

75.4
81.7
81.3

Community Development
General Funds
Other Funds
Total Community Development

22,551
206,137
228,688

15,327
134,566
149,893

14,790
147,643
162,433

68.0
65.3
65.5

74.2
77.9
77.6

Community Enrichment
General Funds
Other Funds
Total Community Enrichment

151,502
136,700
288,202

105,316
95,100
200,416

103,925
96,010
199,935

69.5
69.6
69.5

73.6
72.8
73.2

Environmental Services
General Funds
Other Funds
Total Environmental Services

17,538
610,730
628,268

11,136
418,224
429,360

13,693
410,323
424,016

63.5
68.5
68.3

89.2
74.8
75.2

52,455
52,455

75,587
75,587

103,054
103,054

144.1
144.1

75.1
75.1

2,442
528,562
531,004

779
192,622
193,401

2,394
204,785
207,179

31.9
36.4
36.4

75.5
57.4
57.5

Criminal Justice
General Funds
Other Funds
Total Criminal Justice

Debt Service
General Funds
Other Funds
Total Debt Service
Capital Improvement
General Funds
Other Funds
Total Capital Improvement
Contingencies
General Funds
Other Funds
Total Contingencies
Total Operating
General Funds
Other Funds
Total Operating Budget

106,432
13,849
120,281

$

% of Year-to-Date
Estimate
Actual
2013-14
2012-13

38,313
47,194
85,507

$

1,127,815
2,374,691
3,502,506

-

$

779,487
1,489,423
2,268,910 $

- 10 -

775,698
1,539,631
2,315,329

69.1
62.7
64.8 %

74.7
73.8
74.1 %

Summary

Operating Expenditures and Encumbrances
As of March 31, 2014

Total General Government

Total Criminal Justice

120

50

100
40

(millions of dollars)

(millions of dollars)

80

60

40

30

20

10
20

0

0
July

Sept

Nov

Jan

Current YTD Expenditures

Mar

July

May

Sept

(millions of dollars)

(millions of dollars)
Nov

Jan

Current YTD Expenditures

Mar

May

Prior YTD Expenditures

Total Transportation

900
875
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
Sept

Jan

Current YTD Expenditures

Prior YTD Expenditures

Total Public Safety

July

Nov

Mar

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

May

Sept

Nov

Jan

Current YTD Expenditures

Prior YTD Expenditures

- 11 -

Mar

May

Prior YTD Expenditures

Summary

Operating Expenditures and Encumbrances
As of March 31, 2014

Total Community Development

Total Community Enrichment

220

300
280
260
240
220

160
150
140
130
120
110
100
90

200

(millions of dollars)

(millions of dollars)

210
200
190
180
170

80
70
60
50
40
30
20
10

180
160
140
120
100
80
60
40
20

0

0

July

Sept

Nov

Jan

Current YTD Expenditures

Mar

May

July

Nov

Jan

Current YTD Expenditures

Prior YTD Expenditures

Total Environmental Services

Mar

May

Prior YTD Expenditures

Total Debt Service

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

150
140
130
120
110
100

(millions of dollars)

(millions of dollars)

Sept

90
80
70
60
50
40
30
20
10
0

July

Sept

Nov

Current YTD Expenditures

Jan

Mar

July

May

Sept

Nov

Current YTD Expenditures

Prior YTD Expenditures

- 12 -

Jan

Mar

May

Prior YTD Expenditures

Citywide
Detail

Revenues

Revenues

For the Month Ended
March 31
2014
2013

Budget
Estimate
2013-14

Source

Actual Year-to-Date
2013-14
2012-13

Percent of Year-to-Date
Estimate
Actual
2013-14
2012-13

General Funds
$

32,146,623
135,165

$

32,047,268
123,475

Local Taxes:
Sales Taxes
Privilege License Fees

$

442,309,000
2,363,000

$

314,074,239
2,220,200

$

302,922,851
2,099,490

71.0 %
94.0

74.4 %
89.3

32,281,788

32,170,743

Total Local Taxes

444,672,000

316,294,439

305,022,341

71.1

74.4

10,506,084
13,449,465
4,559,054

9,887,439
12,305,684
4,622,923

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

127,448,000
160,852,000
51,150,000

93,507,312
121,231,464
38,441,655

87,192,622
110,751,152
35,772,023

73.4
75.4
75.2

73.4
75.0
74.0

28,514,603

26,816,046

339,450,000

253,180,431

233,715,797

74.6

74.3

4,473,038

4,410,267

Primary Property Tax

142,849,000

85,996,101

78,903,845

60.2

59.7

301,893

330,840

Licenses and Permits

2,830,000

2,089,824

2,004,672

73.8

74.2

Cable Communications

9,525,232

4,854,021

4,811,132

51.0

50.6

Municipal Court:
Fines and Forfeitures
Court Default Fee

19,312,290
1,210,000

13,093,070
724,973

13,975,218
743,678

67.8
59.9

73.8
68.5

20,522,290

13,818,043

14,718,896

67.3

73.5

-

-

1,834,788
169,707

1,977,585
136,781

2,004,495

2,114,366

1,200,654

1,241,654

86,027

91,876

354,675

464,042

73,239

96,886

270,491

260,554

2,556,419
350,772
409,212

1,949,118
221,704
294,388

3,316,403

2,465,210

189,265

116,326

3,152,513

1,169,313

76,219,084

71,748,123

Total State Shared Taxes

Total Municipal Court
Police

13,266,040

9,285,194

8,931,004

70.0

70.4

Library Fees

1,362,000

782,651

764,845

57.5

76.0

Parks and Recreation

7,911,605

4,964,186

5,440,953

62.7

66.0

Planning and Development

1,058,400

936,974

913,949

88.5

73.1

Street Transportation

3,975,000

2,793,996

3,316,722

70.3

79.1

37,900,000
1,150,000
11,300,885

23,716,866
733,947
8,663,327

24,810,438
766,324
8,298,003

62.6
63.8
76.7

73.6
62.1
74.5

50,350,885

33,114,140

33,874,765

65.8

73.5

2,200,000

1,358,938

1,112,319

61.8

77.3

11,816,950

13,453,655

10,390,766

113.9

75.1

1,051,789,402

742,922,593

703,922,006

70.6

72.0

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

- 13 -

Revenues

Revenues

For the Month Ended
March 31
2014
2013

Budget
Estimate
2013-14

Source

Actual Year-to-Date
2013-14
2012-13

Percent of Year-to-Date
Estimate
Actual
2013-14
2012-13

Special Revenue and Debt Service Funds
$

1,664,806
118,915
594,574
2,418

$

1,557,391
111,243
556,211
(1,362)

2,380,713

2,223,483

4,854,839
1,594,599
(10,669)

4,417,286
1,415,550
(7,181)

6,438,769

5,825,655

2,426,572

2,239,281

915,719
33,177
296,621
(5,648)
30,230

695,851
6,217
270,042
(4,815)
13,889

1,270,099

981,184

8,619,076
3,686,208

8,899,382
6,774,371

12,305,284

15,673,753

5,966,946

-

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

$

Total Neighborhood Protection
Public Safety Enhancement & Expansion:
Police
Fire
Interest/Other
Total Public Safety Enhancement & Expansion
Parks and Preserves
Golf Courses:
Fees
Coffee Shops
Concessions
Interest
Other
Total Golf Courses
Transit 2000:
Sales Taxes
Interest/Other
Total Transit 2000

21,066,000
1,505,000
7,523,000
145,500

$

15,015,105
1,072,508
5,362,538
176,594

$

14,055,459
1,003,962
5,019,807
130,590

71.3 %
71.3
71.3
121.4

73.0 %
73.0
73.0
85.5

30,239,500

21,626,745

20,209,818

71.5

73.0

63,718,000
21,578,000
(65,000)

46,442,601
16,009,893
(85,368)

43,725,437
15,140,912
(56,406)

72.9
74.2
131.3

73.7
74.3
72.6

85,231,000

62,367,126

58,809,943

73.2

73.9

30,399,000

21,637,931

20,253,347

71.2

73.0

5,427,300
271,360
2,331,200
(81,040)
107,431

4,201,045
185,463
1,721,018
(46,930)
127,114

3,101,063
53,382
1,566,766
(59,431)
251,864

77.4
68.3
73.8
57.9
118.3

54.8
17.9
67.2
83.0
217.7

8,056,251

6,187,710

4,913,644

76.8

58.9

120,380,000
50,791,438

83,910,635
40,583,818

80,316,912
39,608,989

69.7
79.9

73.0
74.5

171,171,438

124,494,453

119,925,901

72.7

73.5

Court Awards

15,376,764

12,167,579

8,159,508

79.1

83.0

4,289,958

3,077,968

Planning and Development

36,720,200

33,845,627

28,585,810

92.2

70.7

1,247,543

1,394,309

Capital Construction

17,226,000

11,530,049

12,433,865

66.9

75.6

1,674,525
11,292

1,465,860
14,295

Sports Facilities:
Sales Taxes
Interest/Other

15,564,000
265,000

10,489,314
234,298

9,937,226
288,411

67.4
88.4

66.7
77.8

1,685,817

1,480,155

15,829,000

10,723,612

10,225,637

67.7

67.0

Total Sports Facilities

- 14 -

Revenues

Revenues

For the Month Ended
March 31
2014
2013

Budget
Estimate
2013-14

Source

Actual Year-to-Date
2013-14
2012-13

Percent of Year-to-Date
Estimate
Actual
2013-14
2012-13

Special Revenue and Debt Service Funds (Cont'd)

$

Highway User Revenue:
Highway User Revenue
Interest
Other

9,099,223
22,604
1,354

8,907,413
16,382
300

9,123,181

8,924,095

1,396,294

2,075,310

15,530

12,370

1,436,406

5,322,891

Other Restricted Fees

625,895
6,324,012
72,364

Grants:
Public Housing:
Rentals
Grants
Other

599,830
5,673,151
119,903

$

6,392,884

7,022,271

4,397,374
1,615,939
1,297,358
3,797,031

3,687,917
927,322
1,380,409
6,382,562

11,107,702

12,378,210

17,500,586

19,400,481

1,194,902
(5,638)

2,260,181
1,327

1,189,264

2,261,508

68,672,962

70,892,443

Total Highway User Revenue
Regional Transit Revenues
Community Reinvestment

$

Total Public Housing

100,150,000
250,000
200,000

72,826,937
173,120
177,156

70,502,696
124,387
23,397

72.7
69.2
88.6

71.4
70.2
46.0

100,600,000

73,177,213

70,650,480

72.7

71.3

41,867,049

26,292,082

18,179,959

62.8

76.5

4,861,901

3,516,795

3,335,822

72.3

68.9

31,368,544

21,317,925

28,237,016

68.0

69.4

5,257,930
48,267,997
201,747

71.5 %
69.0
56.6

75.6 %
69.3
8.4

6,952,965
73,208,080
5,269,398

$

4,971,021
50,487,717
2,984,371

$

85,430,443

58,443,109

53,727,674

68.4

68.0

42,441,013
59,918,966
33,269,864
67,493,613

23,373,792
19,564,093
16,020,907
41,781,892

25,651,667
2,684,369
15,100,401
67,747,659

55.1
32.7
48.2
61.9

60.6
4.5
98.0
69.3

Total Other

203,123,456

100,740,684

111,184,096

49.6

51.6

Total Grants

288,553,899

159,183,793

164,911,770

55.2

56.0

35,442,800
5,138,000

21,025,777
2,342,740

37,098,411
1,923,118

59.3
45.6

59.8
39.7

Other:
Human Resources
Federal Transit Administration
Community Development
Other

G.O. Bond/Secondary Property Tax
Secondary Property Tax
Interest
Total G.O. Bond/Secondary Property Tax
Total Special Revenue and Debt Service Funds

40,580,800

23,368,517

39,021,529

57.6

58.4

918,081,346

611,437,157

607,854,049

66.6

66.2

123,050,000
177,863,000
450,000
3,341,000
1,679,200
2,960,000
-

77,071,478
157,801,660
699,049
2,604,093
1,575,016
2,216,861
(24,620)

73,125,998
148,580,091
344,362
593,897
1,297,394
2,188,807
27,105,145

62.6
88.7
155.3
77.9
93.8
74.9
100.0

73.9
74.3
73.7
30.8
70.1
71.4
65.4

309,343,200

241,943,537

253,235,694

78.2

72.8

Enterprise Funds
AVIATION:
8,308,562
19,537,560
87,324
19,081
177,135
249,859
(27,493)

8,145,382
18,533,371
46,193
208,693
141,856
245,616
3,778,463

28,352,028

31,099,574

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

- 15 -

Revenues

Revenues

For the Month Ended
March 31
2014
2013

Budget
Estimate
2013-14

Source

Actual Year-to-Date
2013-14
2012-13

Percent of Year-to-Date
Estimate
Actual
2013-14
2012-13

Enterprise Funds (Cont'd)
CONVENTION CENTER:
4,054,299
2,204,363
19,813

3,718,492
1,942,576
22,858

6,278,475

5,683,926

Excise Taxes
Operating Revenue
Interest
Total Convention Center

43,924,000
16,280,625
338,980

30,951,103
10,114,172
165,639

28,780,170
12,476,663
181,952

70.5
62.1
48.9

70.5
67.3
72.6

60,543,605

41,230,914

41,438,785

68.1

69.5

272,971,658
4,452,610
3,161,636
6,396,295
1,854,540
1,379,494
31,957,889

70.5 %
72.6
83.3
65.2
61.1
55.6
2,905.2

WATER SYSTEM:
$

20,013,865
468,568
245,507
421,904
479,640
177,221
186,633

$

21,993,338

17,748,746
527,478
284,866
2,214,506
140,700
147,090
322,131
21,385,517

Water Sales
Water Service Fees
Distribution
Intergovernmental
Development Fees
Interest
Other

$

Total Water System

385,949,000
6,000,000
3,500,000
6,666,000
2,600,000
2,925,000
113,000

$

272,255,736
4,353,260
2,914,714
4,345,142
1,589,220
1,625,399
3,282,923

$

73.1 %
74.6
88.7
96.8
79.5
73.9
101.0

407,753,000

290,366,394

322,174,122

71.2

75.7

179,686,000
16,004,000
2,500,000
1,370,000
11,752,000

135,474,318
13,882,722
1,512,540
962,090
8,954,143

134,738,018
13,650,492
1,810,860
992,305
15,992,321

75.4
86.7
60.5
70.2
76.2

74.7
74.4
79.4
74.5
104.1

211,312,000

160,785,813

167,183,996

76.1

76.8

125,935,000
6,932,000
310,000
12,578,700

95,179,522
5,411,201
282,698
9,648,593

94,067,362
4,880,490
260,727
8,249,968

75.6
78.1
91.2
76.7

74.9
66.7
76.6
82.3

145,755,700

110,522,014

107,458,547

75.8

75.0

1,134,707,505

844,848,672

891,491,144

74.5

74.7

70.8 %

71.3 %

WASTEWATER:
15,055,261
1,263,942
476,040
69,440
(1,878,381)

14,964,971
1,267,922
132,840
73,401
(2,175,941)

14,986,302

14,263,193

10,599,414
441,545
36,067
2,117,341

10,484,471
585,801
29,204
1,526,981

13,194,367

12,626,457

84,804,510

85,058,667

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

$

229,696,556

$

227,699,233

Collection Fees
Landfill Fees
Interest
Other
Total Solid Waste
Total Enterprise Funds
Total Operating Revenues

$

- 16 -

3,104,578,253

$

2,199,208,422

$

2,203,267,199

Operating Expenditures and Encumbrances
For the Month Ended
March 31
2014
2013

Budget
Estimate
2013-14

Program

Actual Year-to-Date
2012-13
2013-14

2013-14 Year-to-Date
Operating Expenditures & Encumbrances
Capital
Operations
and Debt

General Government
$

128,970 $
257,751
202,982
3,387,573
59,395
166,793
198,115
1,517,132
211,964
361,795
982
903,980
(40,477)
9,577
107,613
989,669
515,021
8,978,835

131,935
266,150
331,004
3,317,080
73,865
329,714
210,246
1,563,241
144,085
570,876
205,975
899,195
(13,352)
6,975
288,902
1,313,310
825,225
10,464,426

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

$

1,755,285
3,589,459
2,766,001
35,059,291
1,304,646
2,660,360
2,796,854
20,550,337
2,389,388
5,694,435
809,263
11,410,338
99,285
3,053,828
21,961,636
4,380,637

$

1,283,604
2,510,144
1,682,079
24,154,808
923,275
1,892,993
1,964,773
15,385,687
2,008,277
3,212,152
726,399
7,883,537
13,629
64,017
2,472,601
16,124,565
4,618,540

$

1,287,364
2,409,486
1,351,355
22,934,782
1,070,123
2,182,121
1,973,425
15,784,568
1,657,420
3,599,308
830,909
8,240,834
121,176
38,009
2,425,684
14,155,862
3,850,915

$

1,283,604
2,510,144
1,682,079
22,891,793
923,275
1,892,993
1,964,773
15,385,687
2,008,277
3,212,152
726,399
7,295,971
13,629
64,017
2,472,601
15,303,268
4,618,540

$

1,263,015
587,566
821,297
-

120,281,043

86,921,080

83,913,341

84,249,202

2,671,878

41,968,415
4,902,494

27,226,366
3,418,657

27,630,735
3,483,978

22,552,192
3,418,657

4,674,174
-

46,870,909

30,645,023

31,114,713

25,970,849

4,674,174

585,912,700
297,951,260
476,598

418,053,445
213,938,432
338,432

418,087,964
211,764,923
414,940

414,403,749
211,420,581
338,432

3,649,696
2,517,851
-

884,340,558

632,330,309

630,267,827

626,162,762

6,167,547

Criminal Justice
2,746,496
377,645

2,878,276
381,804

3,124,141

3,260,080

Municipal Court
Public Defender
Total Criminal Justice
Public Safety

43,771,022
23,073,923
25,320

45,373,571
22,384,210
34,980

66,870,265

67,792,761

Police
Fire
Other
Total Public Safety

- 17 -

Operating Expenditures and Encumbrances
For the Month Ended
March 31
2014
2013

Budget
Estimate
2013-14

Program

Actual Year-to-Date
2012-13
2013-14

2013-14 Year-to-Date
Operating Expenditures & Encumbrances
Capital
Operations
and Debt

Transportation
$

3,986,225
1,006,462
21,923,925
7,619,616
34,536,228

$

4,471,942
923,453
22,360,496
13,090,428
40,846,319

Street Transportation
Street Lighting
Aviation
Public Transit
Total Transportation

$

59,665,604
11,172,894
305,626,250
260,424,196

$

42,235,766
8,404,657
203,923,488
215,793,086

$

41,953,940
8,170,079
204,392,295
218,900,539

$

41,562,515
8,404,657
165,184,767
183,589,116

$

673,251
38,738,721
32,203,970

636,888,944

470,356,997

473,416,853

398,741,055

71,615,942

Community Development
3,075,848
6,049,453
1,908,729
2,796,718

3,138,898
6,235,771
1,949,038
3,775,233

Planning and Development
Housing
Economic Development
Neighborhood Services Department

41,892,298
82,014,323
33,963,216
70,818,138

28,504,305
57,103,394
28,160,492
36,125,052

27,041,018
56,860,983
24,380,448
54,150,583

28,504,305
57,050,474
15,920,684
36,125,052

52,920
12,239,808
-

13,830,748

15,098,940

Total Community Development

228,687,975

149,893,243

162,433,032

137,600,515

12,292,728

102,560,009
35,798,557
8,785,423
61,858,418
10,927,120
62,723,393
3,919,060
1,630,435

70,898,589
25,367,745
7,172,898
44,706,047
8,195,418
40,594,612
2,374,918
1,105,897

70,280,360
24,582,548
5,675,858
44,985,015
8,897,035
42,117,285
2,448,779
948,290

69,473,475
25,367,745
7,172,898
30,765,927
40,370,993
2,374,918
1,105,897

1,425,114
13,940,120
8,195,418
223,619
-

288,202,415

200,416,124

199,935,170

176,631,853

23,784,271

Community Enrichment
7,325,451
2,603,680
719,878
3,857,398
910,103
4,299,264
187,687
55,865
19,959,326

5,947,688
2,425,005
517,606
4,093,910
984,148
4,698,830
280,070
(17,688)
18,929,569

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

- 18 -

Operating Expenditures and Encumbrances
For the Month Ended
March 31
2014
2013

Budget
Estimate
2013-14

Program

2013-14 Year-to-Date
Operating Expenditures & Encumbrances
Capital
Operations
and Debt

Actual Year-to-Date
2012-13
2013-14

Environmental Services
$

23,380,888
11,037,622
9,036,934
2,256,967
110,403
45,822,814

$

22,012,558
10,582,562
9,570,438
1,987,505
122,178
44,275,241

Water System
Wastewater
Solid Waste Management
Public Works
Environmental Programs

$

Total Environmental Services

385,100,042
76,206,190
142,611,487
22,863,808
1,486,777

$

218,832,620
103,294,662
91,719,514
14,895,102
618,286

$

216,196,149
99,065,748
90,324,623
17,672,941
756,338

$

133,295,018
52,162,358
81,988,044
11,022,359
618,286

$

279,086,065

85,537,602
51,132,304
9,731,470
3,872,743
-

628,268,304

429,360,184

424,015,799

150,274,119

866,210
9,110,990
8,426,500
337,530
4,614,170
690,670
4,883,650
628,460
7,202,830
7,785,230
1,173,410
14,496,710
50,200
7,264,190
1,279,120
2,866,431
(48,335,390)
938,600
15,486,000
5,480,820
6,810
7,201,708

649,654
6,833,232
6,319,872
253,151
3,460,616
517,999
3,662,728
471,348
5,402,105
5,838,905
880,058
10,869,217
37,650
5,448,133
959,331
2,148,910
2,213
703,556
11,614,138
4,109,923
5,109
5,398,739

828,464
8,741,435
10,016,028
204,554
3,525,155
289,829
2,378,756
472,541
3,436,010
5,094,719
379,848
11,065,165
37,650
4,660,871
971,114
4,547,821
2,207
351,119
19,814,757
20,563,031
168,909
5,503,970

-

649,654
6,833,232
6,319,872
253,151
3,460,616
517,999
3,662,728
471,348
5,402,105
5,838,905
880,058
10,869,217
37,650
5,448,133
959,331
2,148,910
2,213
703,556
11,614,138
4,109,923
5,109
5,398,739

General Obligation Debt Service
72,184
759,248
702,208
28,128
384,513
57,556
406,970
52,372
600,234
648,767
97,785
1,207,690
4,183
605,349
106,592
238,768
78,173
1,290,459
456,658
567
599,765

92,050
965,221
1,106,905
22,295
384,513
32,138
259,470
52,372
373,151
565,380
41,951
1,217,886
4,183
510,765
106,592
505,278
38,173
2,194,172
2,281,659
18,767
611,453

8,398,169

11,384,374

Total Debt Service

52,454,849

75,586,587

103,053,953

-

75,586,587

31,592,063

33,839,170

Capital Improvement

531,003,638

193,400,803

207,178,746

-

193,400,803

$

233,112,589

$ 245,890,880

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

85,507,274

Contingencies
Total Operating Budget

$

3,502,505,909

- 19 -

$

2,268,910,350

$

2,315,329,434

$

1,728,442,301

$

540,468,049

Capital Expenditures and Encumbrances
For the Month Ended
March 31
2014
2013
$

6,561 $
7,090,218
113,845
85,556
33,776
17,086
280,400
738
420,377
175,492
18,440
181
193,216
337,022
3,534,017
585,931
2,311,255
75,084
24,792,957
2,551,323
18,654,145

390,719
10,263,110
152,038
295,910
638,112
106,939
110,999
1,617,196
9,990
69,879
42,656
175,029
3,050,704
2,090,836
3,096,108
32,970,052
26,609
5,343,530
30,595,520
5,307,125

$

61,277,620 $

96,353,061

Capital Expenditures and Encumbrances
2013-14

Program
Arts and Cultural Facilities
Aviation
Economic Development
Energy Conservation
Facilities Management
Finance
Fire Protection
Historic Preservation
Housing
Human Services
Information Technology
Libraries
Neighborhood Services
Parks and Mountain Preserves
Phoenix Convention Center
Police Protection
Public Transit
Regional Wireless Cooperative
Solid Waste Disposal
Street Transportation & Drainage
Wastewater
Water System
Total Capital Improvement Program

Budget

2012-13
Actual Yearto-Date

Actual Yearto-Date

$

453,939 $
320,348,316
9,487,984
4,674,297
12,659,400
2,893,402
7,548,022
1,618,109
47,238,059
971,825
11,475,314
2,034,035
7,713,141
58,973,395
26,370,374
9,166,428
107,343,452
11,146,109
23,655,539
217,863,460
121,032,175
200,884,214

751,652 $
125,096,690
1,176,755
4,194,104
3,013,592
4,351,633
3,344,871
161,024
13,622,530
1,056,648
10,383,649
657,461
917,232
13,291,422
17,799,223
9,863,447
17,020,412
3,090,181
234,793
97,892,988
37,825,335
59,290,063

14,420,171
83,456,114
1,251,471
4,363,316
8,610,120
9,508,720
1,322,197
24,874,095
310,905
427,705
305,033
2,479,542
29,255,217
15,943,944
3,705,824
82,745,076
1,421,820
42,729,995
45,593,081
63,022,332

$

1,205,550,989 $

425,035,705 $

435,746,678

- 20 -

2013-14 Year-to-Date Capital Amounts
From Operating Funds
From Capital Funds
Budget
Actual
Budget
Actual
$

$

134,803 $
34,834,765
9,225,140
4,674,297
4,860,000
1,536,370
87,000
4,759
24,852,045
919,925
200,000
3,836,994
33,873,798
5,921,374
79,481,910
15,992,172
79,178,014
58,073,538
173,316,734

205,849
12,539,939
1,077,178
4,194,104
2,174,988
2,421,907
224
10,394,895
82,000
764,106
105,609
572,886
11,570,403
2,459,760
4,831,504
15,060,216
116,970
54,412,679
11,693,799
58,721,787

531,003,638 $ 193,400,803

$

$

319,136 $
285,513,551
262,844
7,799,400
1,357,032
7,461,022
1,613,350
22,386,014
971,825
10,555,389
1,834,035
3,876,147
25,099,597
20,449,000
9,166,428
27,861,542
11,146,109
7,663,367
138,685,446
62,958,637
27,567,480

545,803
112,556,751
99,577
838,604
1,929,726
3,344,647
161,024
3,227,635
974,648
9,619,543
551,852
344,346
1,721,019
15,339,463
5,031,943
1,960,196
3,090,181
117,823
43,480,309
26,131,536
568,276

674,547,351 $

231,634,902

Unencumbered
Budget
$

$

(297,713)
195,251,626
8,311,229
480,193
9,645,808
(1,458,231)
4,203,151
1,457,085
33,615,529
(84,823)
1,091,665
1,376,574
6,795,909
45,681,973
8,571,151
(697,019)
90,323,040
8,055,928
23,420,746
119,970,472
83,206,840
141,594,151
780,515,284

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
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

$

- 21 -

2,689,750

$

2,537,395

$

152,355