City of Phoenix, Arizona Monthly Financial Report April 2014 Monthly Financial Report – April 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. April 2014 year to date local sales tax revenues were $12.2 million higher than through the prior April, an increase of 3.6%. State Shared Taxes were $21.0 million higher compared to the same period in the prior year, an increase of 8.1%. Additionally, Primary Property Taxes received through April 2014 were $7.2 million higher than the previous fiscal year, an increase of 8.5%. Overall, General Fund revenues at the end of April 2014 are 5.5% higher than April 2013. (see page 2) • Transit 2000 and Regional Transit combined revenues through April 2014 were $11.7 million (7.4%) higher than April 2013. Planning and Development revenues were $5.5 million (17.1%) higher at the end of April 2014 than April 2013. The G.O. Bond/Secondary Property Tax Fund year to date revenues for April 2014 were $16.8 million less than April 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 $0.9 million (0.1%) through April 2014 as compared to April 2013. (see page 7) • For fiscal year 2014, Aviation Customer Facility Charges (CFC) are being recorded in capital funds rather than operating funds. Through April 2013 the CFC revenues totaled $32.3 million. For all other operating revenues, Aviation has seen an increase of $17.5 million (6.8%). Not including the sale of property in McMullen Valley for $29.7 million in July 2012, water system operating revenues have decreased $3.3 million (1.0%) at the end of April 2014 as compared to April 2013. Year to date revenues for wastewater have decreased $5.9 million (3.2%) from the prior year. (see page 7) Expenditures • General Fund expenditures were $2.6 million higher at the end of April 2014 as compared to the prior April, a change of 0.3%. (See page 3) • Total citywide operating expenditures were $76.6 million less at the end of April 2014 as compared to the prior April, a decrease of 3.0%. The decrease is primarily due to lower community development expenditures in the Neighborhood -1- Services Department, lower debt service payments and lower capital improvement expenditures.(See pages 5 & 9) • Capital expenditures through April 2014 were $64.4 million lower than the same period in the prior fiscal year, a decrease of 12.2%. Increases in Street Transportation, Aviation, Information Technology, Police Protection and Regional Wireless Cooperative capital spending were offset by decreased spending in Public Transit, Wastewater, Parks and Mountain Preserves, Arts and Cultural Facilities, and Housing. -2- General Funds Summary Summary General Funds As of April 30 (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 2,363 350,063 $ 2,326 337,834 2,203 79.1 % 98.4 82.9 % 93.6 127,448 160,852 51,150 142,849 2,830 9,525 104,792 134,681 42,268 91,872 2,280 7,289 98,229 123,057 39,448 84,641 2,173 4,811 82.2 83.7 82.6 64.3 80.6 76.5 82.7 83.3 81.6 64.1 80.4 50.6 19,312 1,210 13,266 1,362 7,912 1,058 3,975 14,783 851 10,691 832 6,457 1,006 3,584 15,791 905 10,278 814 5,837 1,065 3,562 76.5 70.3 80.6 61.1 81.6 95.1 90.2 83.4 83.3 81.0 80.9 70.9 85.2 84.9 37,900 12,451 2,200 11,817 26,024 11,730 1,560 12,468 28,206 11,234 1,220 11,282 68.7 94.2 70.9 105.5 83.7 90.8 84.8 81.6 1,051,789 $ $ 825,557 $ -3- 782,590 78.5 % 80.1 % Summary General Funds As of April 30 (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 $ 1,397 $ 2,787 1,674 25,387 1,886 1,845 16,025 2,160 3,578 7,841 2,740 14,726 1,803 83,849 1,415 2,670 1,445 25,618 2,094 1,867 16,559 1,784 3,953 8,149 2,674 13,389 2,298 83,915 79.6 % 77.6 68.6 77.4 81.3 77.9 82.0 90.4 62.8 76.7 89.7 81.5 81.5 78.8 84.8 % 82.7 75.1 78.2 85.8 82.5 83.8 91.5 84.1 83.7 91.6 81.8 92.7 82.1 29,395 4,903 34,298 23,339 3,796 27,135 24,029 3,874 27,903 79.4 77.4 79.1 83.8 81.3 83.4 462,407 250,693 22 713,122 376,127 206,061 13 582,201 370,627 199,636 7 570,270 81.3 82.2 59.1 81.6 83.3 83.3 45.4 83.3 Transportation Street Transportation Public Transit Total Transportation 22,097 19,520 41,617 14,831 10,368 25,199 15,617 16,133 31,750 67.1 53.1 60.5 83.3 83.1 83.2 Community Development Economic Development Neighborhood Services Department Planning and Development Others Total Community Development 5,134 12,337 5,026 54 22,551 3,771 9,569 3,687 41 17,068 3,507 9,348 3,589 41 16,485 73.5 77.6 73.4 75.9 75.7 83.6 82.2 83.3 83.3 82.7 Community Enrichment Parks and Recreation Library Human Services Others Total Community Enrichment 94,371 35,478 18,711 2,942 151,502 72,982 27,841 14,301 2,077 117,201 71,810 27,329 14,284 1,971 115,394 77.3 78.5 76.4 70.6 77.4 82.0 81.4 80.2 85.9 81.7 Environmental Services Public Works Environmental Programs Total Environmental Services 16,554 984 17,538 10,138 588 10,726 13,046 638 13,684 61.2 59.8 61.2 89.6 80.2 89.1 2,442 1,176 2,548 48.2 80.4 38,313 - - 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 1,127,815 $ $ -4- 864,555 $ 861,949 76.7 % 83.0 % Citywide Summary Comparison to Prior Year Revenues YEAR-TO-DATE REVENUES As of April 30, 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 April 30 decreased by $6,142,153 to $2,460,977,064 from the $2,467,119,217 collected during the same period last year, a decrease of 0.2%. For the current year, 79.3% of the total estimated revenue has been collected. Of the total revenues received last year, 79.9% had been collected as of April 30. -5- Comparison to Prior Year Operating Expenditures YEAR-TO-DATE OPERATING EXPENDITURES (millions of dollars) As of April 30, 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 April 30 decreased $76,574,964 to $2,491,992,438 from the $2,568,567,402 spent during the same period last year, a decrease of 3.0%. For the current year, 71.1% of the total appropriations has been spent. Of the total actual expenditures for last year, 82.2% had been spent as of April 30. -6- Comparison to Prior Year Capital Expenditures YEAR-TO-DATE CAPITAL EXPENDITURES As of April 30, 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 April 30 decreased $64,356,767 to $461,625,385 from the $525,982,152 spent during the same period last year, a decrease of 12.2%. For the current year, 38.0% of the total appropriations has been spent. Of the total actual expenditures for last year, 71.1% had been spent as of April 30. -7- Summary Operating Revenues As of April 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 $ 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 2,363 350,063 $ 2,326 337,834 2,203 127,448 160,852 51,150 142,849 2,830 9,525 20,522 13,266 1,362 7,912 1,058 3,975 50,351 2,200 11,817 104,792 134,681 42,268 91,872 2,280 7,289 15,633 10,691 833 6,457 1,006 3,584 37,754 1,560 12,468 98,229 123,057 39,448 84,641 2,173 4,811 16,696 10,278 814 5,837 1,065 3,562 39,440 1,220 11,282 82.2 83.7 82.6 64.3 80.6 76.5 76.2 80.6 61.2 81.6 95.1 90.2 75.0 70.9 105.5 82.7 83.3 81.6 64.1 80.4 50.6 83.4 81.0 80.9 70.9 85.2 84.9 85.6 84.8 81.6 1,051,789 825,557 782,590 78.5 80.1 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 24,378 69,502 24,405 7,230 140,619 12,168 37,737 12,796 13,199 83,174 29,868 3,527 27,135 180,323 24,788 22,725 65,874 22,759 5,552 138,769 8,159 32,214 13,772 12,398 80,652 20,039 3,343 32,121 189,980 41,610 80.6 81.5 80.3 89.7 82.2 79.1 102.8 74.3 83.4 82.7 71.3 72.5 86.5 62.5 61.1 82.1 82.8 82.1 66.6 85.0 83.0 79.7 83.7 81.2 81.4 84.3 69.0 78.9 64.5 62.2 918,081 690,849 689,967 75.2 75.1 309,343 60,544 407,753 211,312 145,756 273,411 49,093 319,944 179,172 122,951 288,215 48,778 352,983 185,049 119,537 88.4 81.1 78.5 84.8 84.4 82.9 81.8 83.0 85.0 83.4 1,134,708 944,571 994,562 83.2 83.3 79.3 % 79.9 % 3,104,578 -8- $ % of Year-to-Date Estimate Actual 2013-14 2012-13 $ 2,460,977 $ 2,467,119 79.1 % 98.4 82.9 % 93.6 Summary Operating Revenues As of April 30, 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 April 30 (dollars in thousands) Source General Government General Funds Other Funds Total General Government Actual Year-to-Date 2013-14 2012-13 Budget 2013-14 $ 83,849 $ 11,708 95,557 83,915 9,884 93,799 78.8 % 84.5 79.4 82.1 % 83.7 82.3 34,298 12,573 46,871 27,135 6,735 33,870 27,903 6,561 34,464 79.1 53.6 72.3 83.4 83.7 83.5 Public Safety General Funds Other Funds Total Public Safety 713,122 162,719 875,841 582,201 119,020 701,221 570,270 130,015 700,285 81.6 73.1 80.1 83.3 82.4 83.1 Transportation General Funds Other Funds Total Transportation 41,617 595,272 636,889 25,199 475,359 500,558 31,750 475,675 507,425 60.5 79.9 78.6 83.2 87.4 87.1 Community Development General Funds Other Funds Total Community Development 22,551 206,137 228,688 17,068 147,036 164,104 16,485 160,008 176,493 75.7 71.3 71.8 82.7 84.4 84.3 Community Enrichment General Funds Other Funds Total Community Enrichment 151,502 136,700 288,202 117,201 108,841 226,042 115,394 105,538 220,932 77.4 79.6 78.4 81.7 80.0 80.9 Environmental Services General Funds Other Funds Total Environmental Services 17,538 609,921 627,459 10,726 468,285 479,011 13,684 457,542 471,226 61.2 76.8 76.3 89.1 83.4 83.5 52,455 52,455 83,985 83,985 114,438 114,438 160.1 160.1 83.4 83.4 2,442 537,871 540,313 1,176 206,468 207,644 2,548 246,957 249,505 48.2 38.4 38.4 80.4 69.2 69.3 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 - $ 864,555 1,627,437 2,491,992 $ - 10 - 861,949 1,706,618 2,568,567 76.7 68.5 71.1 % 83.0 81.8 82.2 % Summary Operating Expenditures and Encumbrances As of April 30, 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 April 30, 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 April 30 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 $ 35,988,421 105,939 $ 34,911,165 103,439 Local Taxes: Sales Taxes Privilege License Fees $ 442,309,000 2,363,000 $ 350,062,660 2,326,139 $ 337,834,016 2,202,929 79.1 % 98.4 82.9 % 93.6 36,094,360 35,014,604 Total Local Taxes 444,672,000 352,388,799 340,036,945 79.2 83.0 11,285,186 13,449,465 3,826,003 11,036,558 12,305,683 3,675,521 State Shared Taxes: State Sales Tax State Income Tax Vehicle License Tax 127,448,000 160,852,000 51,150,000 104,792,498 134,680,929 42,267,658 98,229,180 123,056,835 39,447,544 82.2 83.7 82.6 82.7 83.3 81.6 28,560,654 27,017,762 339,450,000 281,741,085 260,733,559 83.0 82.8 5,875,720 5,736,773 Primary Property Tax 142,849,000 91,871,821 84,640,618 64.3 64.1 190,831 168,582 Licenses and Permits 2,830,000 2,280,655 2,173,254 80.6 80.4 Cable Communications 9,525,232 7,289,333 4,811,132 76.5 50.6 Municipal Court: Fines and Forfeitures Court Default Fee 19,312,290 1,210,000 14,782,893 850,668 15,791,130 904,913 76.5 70.3 83.4 83.3 20,522,290 15,633,561 16,696,043 76.2 83.4 2,435,312 - 1,689,823 125,695 1,815,912 161,235 1,815,518 1,977,147 1,405,773 1,347,125 50,045 49,273 1,492,763 Total State Shared Taxes Total Municipal Court Police 13,266,040 10,690,967 10,278,129 80.6 81.0 Library Fees 1,362,000 832,696 814,118 61.1 80.9 396,486 Parks and Recreation 7,911,605 6,456,949 5,837,439 81.6 70.9 68,691 151,372 Planning and Development 1,058,400 1,005,665 1,065,321 95.0 85.2 789,899 245,052 Street Transportation 3,975,000 3,583,895 3,561,774 90.2 84.9 37,900,000 1,150,000 11,300,885 26,023,680 925,297 10,805,068 28,206,179 874,974 10,358,315 68.7 80.5 95.6 83.7 70.9 93.0 50,350,885 37,754,045 39,439,468 75.0 85.6 2,200,000 1,559,960 1,219,712 70.9 84.8 11,816,950 12,467,883 11,282,139 105.5 81.6 1,051,789,402 825,557,314 782,589,651 78.5 80.1 Fire: Emergency Transportation Service Hazardous Materials Inspection Fee Other 2,306,814 191,350 2,141,741 3,395,741 108,650 2,060,312 4,639,905 5,564,703 201,022 107,393 Interest (985,772) 891,373 Other Fees and Service Charges 82,634,721 78,667,645 Total Fire Total General Funds - 13 - Revenues Revenues For the Month Ended April 30 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 $ 1,924,202 137,442 687,214 2,663 $ 1,744,106 124,578 622,895 23,425 2,751,521 2,515,004 5,419,284 1,725,387 (10,043) 5,280,934 1,789,977 (7,264) 7,134,628 7,063,647 2,766,904 2,505,781 450,821 5,524 227,158 (4,888) 363,261 422,598 6,742 206,363 (4,058) 7,279 1,041,876 638,924 9,992,775 6,132,325 9,966,319 8,876,508 16,125,100 18,842,827 - - 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 $ 16,939,307 1,209,950 6,049,752 179,257 $ 15,799,565 1,128,540 5,642,702 154,015 80.4 % 80.4 80.4 123.2 82.0 % 82.0 82.0 100.8 30,239,500 24,378,266 22,724,822 80.6 82.1 63,718,000 21,578,000 (65,000) 51,861,885 17,735,280 (95,411) 49,006,371 16,930,889 (63,670) 81.4 82.2 146.8 82.6 83.1 81.9 85,231,000 69,501,754 65,873,590 81.5 82.8 30,399,000 24,404,835 22,759,128 80.3 82.1 5,427,300 271,360 2,331,200 (81,040) 107,431 4,651,866 190,987 1,948,176 (51,818) 490,375 3,523,661 60,124 1,773,129 (63,489) 259,143 85.7 70.4 83.6 63.9 456.5 62.2 20.1 76.1 88.7 224.0 8,056,251 7,229,586 5,552,568 89.7 66.6 120,380,000 50,791,438 93,903,410 46,716,143 90,283,231 48,485,497 78.0 92.0 82.0 91.2 171,171,438 140,619,553 138,768,728 82.2 85.0 Court Awards 15,376,764 12,167,579 8,159,508 79.1 83.0 3,891,818 3,627,810 Planning and Development 36,720,200 37,737,445 32,213,620 102.8 79.7 1,265,685 1,337,743 Capital Construction 17,226,000 12,795,734 13,771,608 74.3 83.7 2,464,215 11,174 2,158,540 13,973 Sports Facilities: Sales Taxes Interest/Other 15,564,000 265,000 12,953,529 245,472 12,095,766 302,384 83.2 92.6 81.2 81.6 2,475,389 2,172,513 15,829,000 13,199,001 12,398,150 83.4 81.2 Total Sports Facilities - 14 - Revenues Revenues For the Month Ended April 30 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 9,972,174 23,127 1,189 9,970,013 17,632 13,940 9,996,490 10,001,585 3,576,107 1,859,048 9,939 7,482 5,817,003 3,884,071 Other Restricted Fees 559,106 6,080,670 2,087,885 Grants: Public Housing: Rentals Grants Other 620,527 8,798,066 256,784 $ 9,675,377 8,727,661 3,188,222 2,351,162 1,812,912 4,111,304 2,817,329 4,353,700 1,864,681 7,305,283 11,463,600 16,340,993 21,138,977 25,068,654 1,424,541 (4,709) 2,586,475 2,301 1,419,832 2,588,776 79,411,269 82,113,865 Total Highway User Revenue Regional Transit Revenues Community Reinvestment $ Total Public Housing 100,150,000 250,000 200,000 82,799,111 196,247 178,345 80,472,709 142,019 37,337 82.7 78.5 89.2 81.4 80.2 73.5 100,600,000 83,173,703 80,652,065 82.7 81.4 41,867,049 29,868,189 20,039,007 71.3 84.3 4,861,901 3,526,734 3,343,304 72.5 69.0 31,368,544 27,134,928 32,121,087 86.5 78.9 5,817,036 54,348,667 2,289,632 80.4 % 81.0 61.5 83.7 % 78.1 95.0 6,952,965 73,208,080 5,269,398 $ 5,591,548 59,285,783 3,241,155 $ 85,430,443 68,118,486 62,455,335 79.7 79.1 42,441,013 59,918,966 33,269,864 67,493,613 26,562,014 21,915,255 17,833,819 45,893,196 28,468,996 7,038,069 16,965,082 75,052,942 62.6 36.6 53.6 68.0 67.2 11.7 110.1 76.8 Total Other 203,123,456 112,204,284 127,525,089 55.2 59.2 Total Grants 288,553,899 180,322,770 189,980,424 62.5 64.5 35,442,800 5,138,000 22,450,318 2,338,031 39,684,886 1,925,419 63.3 45.5 64.0 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 24,788,349 41,610,305 61.1 62.2 918,081,346 690,848,426 689,967,914 75.2 75.1 123,050,000 177,863,000 450,000 3,341,000 1,679,200 2,960,000 - 86,104,586 179,237,263 772,427 3,129,849 1,755,636 2,470,408 (59,650) 81,965,844 168,521,802 396,599 1,071,517 1,510,666 2,441,759 32,307,232 70.0 100.8 171.7 93.7 104.6 83.5 100.0 82.8 84.3 84.9 55.5 81.6 79.7 78.0 309,343,200 273,410,519 288,215,419 88.4 82.9 Enterprise Funds AVIATION: 9,033,108 21,435,603 73,378 525,756 180,620 253,547 (35,030) 8,839,846 19,941,711 52,237 477,620 213,272 252,952 5,202,087 31,466,982 34,979,725 Sky Harbor: Airlines Concessions Interest Other Phoenix-Goodyear Phoenix-Deer Valley Phoenix-Customer Facility Charge Total Aviation - 15 - Revenues Revenues For the Month Ended April 30 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: 5,140,466 2,700,958 20,899 4,473,709 2,841,199 23,865 7,862,323 7,338,773 Excise Taxes Operating Revenue Interest Total Convention Center 43,924,000 16,280,625 338,980 36,091,569 12,815,130 186,538 33,253,879 15,317,862 205,817 82.2 78.7 55.0 81.4 82.6 82.1 60,543,605 49,093,237 48,777,558 81.1 81.8 300,360,356 4,927,161 3,480,340 6,921,178 2,065,080 1,559,291 33,669,676 77.7 % 80.4 98.3 71.1 75.9 63.5 2,998.2 WATER SYSTEM: $ 27,464,751 471,527 526,965 393,060 384,360 232,082 105,006 $ 29,577,751 27,388,698 474,551 318,704 524,883 210,540 179,797 1,711,787 30,808,960 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 $ 299,720,487 4,824,787 3,441,679 4,738,202 1,973,580 1,857,481 3,387,929 $ 80.4 % 82.6 97.6 104.7 88.5 83.5 106.4 407,753,000 319,944,145 352,983,082 78.5 83.0 179,686,000 16,004,000 2,500,000 1,370,000 11,752,000 150,608,731 15,661,673 1,888,380 1,099,316 9,913,979 149,750,891 15,366,469 2,012,940 1,119,452 16,798,886 83.8 97.9 75.5 80.2 84.4 83.0 83.8 88.2 84.1 109.4 211,312,000 179,172,079 185,048,638 84.8 85.0 125,935,000 6,932,000 310,000 12,578,700 105,788,836 6,204,890 318,298 10,639,320 104,580,760 5,389,773 288,488 9,277,934 84.0 89.5 102.7 84.6 83.2 73.7 84.8 92.5 145,755,700 122,951,344 119,536,955 84.4 83.4 1,134,707,505 944,571,324 994,561,652 83.2 83.3 79.3 % 79.9 % WASTEWATER: 15,134,413 1,778,951 375,840 137,226 959,836 15,012,873 1,715,977 202,080 127,147 806,565 18,386,266 17,864,642 10,609,314 793,689 35,600 990,727 10,513,398 509,283 27,761 1,027,966 12,429,330 12,078,408 99,722,652 103,070,508 Sewer Service Charges Multi-City Development Fees Interest Other Total Wastewater SOLID WASTE: $ 261,768,642 $ 263,852,018 Collection Fees Landfill Fees Interest Other Total Solid Waste Total Enterprise Funds Total Operating Revenues $ - 16 - 3,104,578,253 $ 2,460,977,064 $ 2,467,119,217 Operating Expenditures and Encumbrances For the Month Ended April 30 2014 2013 Budget Estimate 2013-14 Program Actual Year-to-Date 2013-14 2012-13 2013-14 Year-to-Date Operating Expenditures & Encumbrances Capital Operations and Debt General Government $ 113,863 $ 276,994 234,843 3,147,459 59,087 291,970 209,416 1,558,504 152,053 365,905 3,213 958,148 15,669 5,988 267,034 1,714,048 (738,234) 127,640 259,997 273,264 4,079,151 82,892 190,243 218,235 1,850,426 126,628 353,417 218,926 1,053,010 (13,346) 9,467 248,198 1,624,623 (817,235) 8,635,960 9,885,536 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 $ 1,397,467 2,787,138 1,916,922 27,302,267 982,362 2,184,963 2,174,189 16,944,191 2,160,330 3,578,057 729,612 8,841,685 29,298 70,005 2,739,635 17,838,613 3,880,306 $ 1,415,004 2,669,483 1,624,619 27,013,933 1,153,015 2,372,364 2,191,660 17,634,994 1,784,048 3,952,725 1,049,835 9,293,844 107,830 47,476 2,673,882 15,780,485 3,033,680 $ 1,397,467 2,787,138 1,916,922 25,898,931 982,362 2,184,963 2,174,189 16,944,191 2,160,330 3,578,057 729,612 8,188,834 29,298 70,005 2,739,635 16,926,061 3,880,306 $ 1,403,336 652,851 912,552 - 120,281,043 95,557,040 93,798,877 92,588,301 2,968,739 41,968,415 4,902,494 30,074,247 3,795,619 30,588,826 3,874,700 24,880,860 3,795,619 5,193,387 - 46,870,909 33,869,866 34,463,526 28,676,479 5,193,387 577,412,700 297,951,260 476,598 461,522,191 239,293,905 405,190 464,571,794 235,259,301 454,143 457,467,343 236,496,765 405,190 4,054,848 2,797,140 - 875,840,558 701,221,286 700,285,238 694,369,298 6,851,988 Criminal Justice 2,847,881 376,962 2,958,091 390,722 3,224,843 3,348,813 Municipal Court Public Defender Total Criminal Justice Public Safety 43,468,746 25,355,473 66,758 46,483,830 23,494,378 39,203 68,890,977 70,017,411 Police Fire Other Total Public Safety - 17 - Operating Expenditures and Encumbrances For the Month Ended April 30 2014 2013 Budget Estimate 2013-14 Program Actual Year-to-Date 2013-14 2012-13 2013-14 Year-to-Date Operating Expenditures & Encumbrances Capital Operations and Debt Transportation $ 4,714,739 1,013,921 20,718,352 3,754,388 30,201,400 $ 4,265,310 948,565 20,501,495 8,292,906 34,008,276 Street Transportation Street Lighting Aviation Public Transit Total Transportation $ 59,665,604 11,172,894 305,626,250 260,424,196 $ 46,950,505 9,418,578 224,641,840 219,547,474 $ 46,219,250 9,118,644 224,893,790 227,193,445 $ 46,202,448 9,418,578 181,598,119 182,979,702 $ 748,057 43,043,721 36,567,772 636,888,944 500,558,397 507,425,129 420,198,847 80,359,550 Community Development 3,291,738 6,225,586 1,944,051 2,748,903 2,849,022 5,971,099 1,865,171 3,375,005 Planning and Development Housing Economic Development Neighborhood Services Department 41,892,298 82,014,323 33,963,216 70,818,138 31,796,043 63,328,980 30,104,543 38,873,955 29,890,040 62,832,082 26,245,619 57,525,588 31,796,043 63,270,238 17,634,362 38,873,955 58,742 12,470,181 - 14,210,278 14,060,297 Total Community Development 228,687,975 164,103,521 176,493,329 151,574,598 12,528,923 102,560,009 35,798,557 8,785,423 61,858,418 10,927,120 62,723,393 3,919,060 1,630,435 78,876,445 28,452,578 7,762,184 49,167,450 9,105,521 48,747,893 2,736,960 1,193,270 77,404,594 27,903,259 6,250,243 49,040,755 9,881,183 46,626,660 2,810,152 1,015,338 77,292,992 28,452,578 7,762,184 33,679,129 48,499,438 2,736,960 1,193,270 1,583,453 15,488,321 9,105,521 248,455 - 288,202,415 226,042,301 220,932,184 199,616,551 26,425,750 Community Enrichment 7,977,856 3,084,833 589,286 4,461,403 910,103 8,153,281 362,042 87,373 7,124,234 3,320,711 574,385 4,055,740 984,148 4,509,375 361,373 67,048 25,626,177 20,997,014 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 April 30 2014 2013 Budget Estimate 2013-14 Program 2013-14 Year-to-Date Operating Expenditures & Encumbrances Capital Operations and Debt Actual Year-to-Date 2013-14 2012-13 Environmental Services $ 25,481,122 $ 11,855,453 12,209,564 (17,607) 122,051 24,011,448 11,661,150 10,975,282 449,010 112,770 49,650,583 47,209,660 Water System Wastewater Solid Waste Management Public Works Environmental Programs $ Total Environmental Services 385,100,042 76,206,190 141,801,767 22,863,808 1,486,777 $ 244,313,742 115,150,115 103,929,078 14,877,495 740,337 $ 240,207,597 110,726,898 101,299,905 18,121,951 869,108 $ 149,261,655 58,375,158 93,116,762 10,574,968 740,337 $ 312,068,880 95,052,087 56,774,957 10,812,316 4,302,527 - 627,458,584 479,010,767 471,225,459 166,941,887 866,210 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 7,201,708 721,838 7,592,480 7,022,080 281,279 3,845,128 575,554 4,069,698 523,720 6,002,339 6,487,672 977,842 12,076,908 41,833 6,053,481 1,065,923 2,387,678 2,238 781,729 12,904,598 4,566,581 5,677 5,998,504 920,515 9,706,657 11,122,933 226,848 3,909,668 321,968 2,638,226 524,913 3,809,160 5,660,099 421,799 12,283,051 41,833 5,171,636 1,077,706 5,053,099 2,207 389,292 22,008,929 22,844,689 187,677 6,115,422 - 721,838 7,592,480 7,022,080 281,279 3,845,128 575,554 4,069,698 523,720 6,002,339 6,487,672 977,842 12,076,908 41,833 6,053,481 1,065,923 2,387,678 2,238 781,729 12,904,598 4,566,581 5,677 5,998,504 General Obligation Debt Service 72,184 759,248 702,208 28,128 384,512 57,555 406,970 52,372 600,234 648,767 97,784 1,207,691 4,183 605,348 106,592 238,768 25 78,173 1,290,460 456,658 568 599,765 92,051 965,222 1,106,905 22,294 384,513 32,139 259,470 52,372 373,150 565,380 41,951 1,217,886 4,183 510,765 106,592 505,278 38,173 2,194,172 2,281,658 18,768 611,452 8,398,193 11,384,374 Total Debt Service 52,454,849 83,984,780 114,438,327 - 83,984,780 14,243,677 42,326,587 Capital Improvement 540,313,358 207,644,480 249,505,333 - 207,644,480 $ 223,082,088 $ 253,237,968 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 - $ 2,491,992,438 $ 2,568,567,402 $ 1,899,092,954 $ 592,899,484 Capital Expenditures and Encumbrances For the Month Ended April 30 2014 2013 $ 8,319 $ 6,892,793 26,078 48,848 471,000 743 304,140 (8,385) 2,928,188 31,967 13,604 5,845 57,075 1,995,013 1,862,707 2,882,675 452,072 2,237,270 200,476 7,454,279 3,296,425 5,428,548 618,140 24,323,003 2,172,483 881,817 234,067 134,721 168,137 1,069,705 86,090 60,478 11,275 138,877 12,221,919 1,840,078 130,804 758,241 2,760,518 6,885,861 26,671,612 9,067,648 $ 36,589,680 $ 90,235,474 Capital Expenditures and Encumbrances 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 2012-13 Actual Yearto-Date 2013-14 Actual YearBudget to-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 17,666,428 107,343,452 11,146,109 23,655,539 217,863,460 121,032,175 201,693,934 759,971 $ 131,989,483 1,202,833 4,242,952 3,484,592 4,352,376 3,649,011 152,639 16,550,718 1,088,615 10,397,253 663,306 974,307 15,286,435 19,661,930 12,746,122 17,472,484 5,327,451 435,269 105,347,267 41,121,760 64,718,611 15,038,311 107,779,117 3,423,954 5,245,133 8,844,187 9,643,441 1,490,334 25,943,800 396,995 488,183 316,308 2,618,419 41,477,136 17,784,022 3,836,628 83,503,317 4,182,338 49,615,856 72,264,693 72,089,980 $ 1,214,860,709 $ 461,625,385 $ 525,982,152 - 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 8,500,000 79,481,910 15,992,172 79,178,014 58,073,538 174,126,454 207,499 13,482,773 1,102,572 4,242,952 2,568,837 2,422,628 224 10,661,526 82,000 764,106 111,111 597,777 12,419,435 2,618,383 5,260,676 15,504,046 311,768 56,236,936 14,947,725 64,101,506 540,313,358 $ 207,644,480 $ $ 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 27,567,480 552,472 118,506,710 100,261 915,755 1,929,748 3,648,787 152,639 5,889,192 1,006,615 9,633,147 552,195 376,530 2,867,000 17,043,547 7,485,446 1,968,438 5,327,451 123,501 49,110,331 26,174,035 617,105 674,547,351 $ 253,980,905 Unencumbered Budget $ $ (306,032) 188,358,833 8,285,151 431,345 9,174,808 (1,458,974) 3,899,011 1,465,470 30,687,341 (116,790) 1,078,061 1,370,729 6,738,834 43,686,960 6,708,444 4,920,306 89,870,968 5,818,658 23,220,270 112,516,193 79,910,415 136,975,323 753,235,324 Bonds Authorized and Sold As of April 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 $ - 21 - 2,689,750 $ 2,537,395 $ 152,355