August 2014
Monthly Financial Report

PREPARED BY
Financial Accounting & Reporting Division

City of Phoenix

Monthly Financial Report
August 2014
Table of Contents
Expenditures by Programs

Page

Performance Status

General Fund Expenditures

Report Navigation

General Fund Total Expenditures

1

Better than Expected

General Government

1

Better than Expected

Click on either the schedule name or the

Criminal Justice

2

Better than Expected

performance status in the table of contents to

Public Safety

2

Expected

Transportation

3

Better than Expected

be taken directly to that page of the report.

Community Development

3

Better than Expected

From any page of the report, click on the

Community Enrichment

4

Better than Expected

City of Phoenix Bird Emblem to return to the

Environmental Services

4

Monitor & Consider Corrective Action

Citywide Total Operating Expenditures

5

Better than Expected

General Government

5

Better than Expected

Criminal Justice

6

Better than Expected

Public Safety

6

Better than Expected

Better than Expected - Positive variance of

Transportation

7

Better than Expected

greater than 1% actual vs budget.

Community Development

7

Better than Expected

Expected - Actual vs budget variance within 1%

Community Enrichment

8

Better than Expected

positive or negative.

Environmental Services

8

Better than Expected

Monitor and Consider Taking Action - Negative

General Obligation Debt Service

9

Better than Expected

variance greater than 1% actual vs budget.

Table of Contents

Citywide Expenditures

Performance Status

Capital Expenditures

CIP-General Government

10

Corrective Action Taken - Negative variance

CIP-Aviation

10

greater than 1% actual vs budget, however the

CIP-Phoenix Convention Center

11

City has taken action to address the negative

CIP-Solid Waste Disposal

11

variance.

CIP-Wastewater

12

CIP-Water System

12

Revenues by Source
General Fund Total Operating Revenue

Page

Performance Status

13

Monitor & Consider Corrective Action

Property Tax

14

Expected

Local Sales Tax

15

Expected

State Sales Tax

16

Monitor & Consider Corrective Action

Vehicle License Tax

17

Expected

Aviation

18

Better than Expected

Water System

19

Monitor & Consider Corrective Action

Wastewater

20

Better than Expected

Financial Schedules
General Fund Revenue

Page
21

General Fund Expenditures

22

Citywide Operating Revenue

23

Citywide Operating Expenditures

24

Citywide Operating Revenue by Source

25

Citywide Operating Expenditures by Program

29

Capital Expenditures and Encumbrances

32

Bonds Authorized and Sold

33

Appendix A - Additional Detail for Revenues

General Fund
Expenditures
Expenditures from the City's General Fund for core
functions such as Police, Fire, Parks, Streets and
Social Services as well as administrative functions
such as Mayor and Council, City Manager, Finance,
and Human Resources. This does not include any
expenditures from dedicated revenue streams such
as grants, bonds, specifically dedicated taxes, and
enterprise revenues.

August General Fund YTD Expenditures (Dollars in Thousands)

Refer to detailed financial schedules pages 21 thru 33

Total General Fund Expenditures

10-11
11-12
12-13
13-14
14-15

August YTD
Annual
% of Annual
Expenditures Expenditures * Expenditures
174,652
954,795
18.3%
179,646
995,771
18.0%
197,068
1,038,092
19.0%
197,973
1,042,102
19.0%
191,888
1,103,572
17.4%

* - For prior years-total actual expenditures, for current year-total approved
budget net of adjustment for contingencies.

Better than Expected

TotalGovernment
General Fund
General
$1,200,000
$1,200,000
August YTD
August YTD
Expenditures
Expenditures

$1,000,000
$1,000,000
$800,000
$800,000
$600,000
$600,000
$400,000
$400,000
$200,000
$200,000
$0
$0

Annual
Annual
Expenditures *
Expenditures *
10-11
10-11

11-12
12-13
13-14
11-12
12-13

14-15
13-14

In order to have a better comparison to prior year actuals, contingencies will only be included in the annual budget to the extent that they have been spent. The general fund
provides for core City functions that are not provided by dedicated revenue streams. It does not include services provided by dedicated taxes, grants, bond proceeds or
enterprise fund revenues. For fiscal year 2014-15, general fund expenditures were budgeted to increase 5.9% over fiscal year 2013-14 actuals. Through August 2014,
general fund expenditures are performing better than expected as year to date expenditures are 3.1% lower than through August 2013.

General Government

10-11
11-12
12-13
13-14
14-15

August YTD
Annual
% of Annual
Expenditures Expenditures * Expenditures
16,287
70,650
23.1%
18,489
98,577
18.8%
17,335
102,211
17.0%
21,014
100,400
20.9%
12,838
109,033
11.8%

* - For prior years-total actual expenditures, for current year-total approved
budget

Better than Expected

Criminal
Justice
General
Government
$120,000
$120,000
$100,000
$100,000
$80,000
$80,000
$60,000
$60,000
$40,000
$40,000

August YTD
Expenditures
August YTD
Expenditures
Annual
Expenditures *
Annual
Expenditures *

$20,000
$20,000
$0$0
10-11 11-12 11-12
10-11
12-13

12-13
13-14

13-14
14-15

General government expenditures include costs for administrative and internal service functions such as the Mayor and City Council, City Manager's Office, City Auditor,
Finance, Budget and Research, and Human Resources. General fund general government expenditures are better than expected through August 2014 with a 38.9%
decrease from the same period in the prior year. The decrease is primarily due to Information Technology Services assessments for the FY2014-15 Tech Plan and Regional
Wireless Cooperative costs. The fiscal year 2014-15 budget includes an 8.6% increase over fiscal year 2013-14 actuals.

-1-

August General Fund YTD Expenditures (Dollars in Thousands)

Refer to detailed financial schedules pages 21 thru 33

Criminal Justice
August YTD
Annual
% of Annual
Expenditures
Expenditures * Expenditures
6,049
33,324
18.2%
6,190
33,542
18.5%
6,322
33,453
18.9%
6,243
32,659
19.1%
6,019
34,031
17.7%

10-11
11-12
12-13
13-14
14-15

* - For prior years-total actual expenditures, for current year-total approved budget

Better than Expected

Criminal
Justice
Public
Safety
$40,000
$40,000
$35,000
$35,000
$30,000
$30,000
$25,000
$25,000
$20,000
$20,000
$15,000
$15,000
$10,000
$5,000
$10,000
$0
$5,000

August YTD
Expenditures
August
YTD
Expenditures
Annual
Expenditures *
Annual
Expenditures *
10-11

11-12

12-13

13-14

$0
10-11

11-12

12-13

13-14

14-15

Criminal justice expenditures include costs for municipal courts and public defenders. General fund criminal justice expenditures are better than expected through August
2014 with a 3.6% decrease from the same period in the prior year. The fiscal year 2014-15 budget includes a 4.2% increase over fiscal year 2013-14 actuals.

Public Safety

10-11
11-12
12-13
13-14
14-15

Transportation
Public Safety
August YTD
Annual
% of Annual
Expenditures
Expenditures * Expenditures
111,887
639,691
17.5%
115,996
647,049
17.9%
123,201
684,609
18.0%
126,065
699,796
18.0%
130,177
726,963
17.9%

* - For prior years-total actual expenditures, for current year-total approved budget

Expected

$800,000
$800,000
$700,000
$700,000
$600,000
$600,000
$500,000
$400,000
$500,000
$300,000
$400,000
$200,000
$300,000
$100,000
$200,000
$0
$100,000 10-11 11-12 12-13 13-14
$0
10-11
11-12
12-13

August YTD
Expenditures
August
YTD
Expenditures

14-15

Annual
Expenditures *
Annual
Expenditures *

13-14

Public safety expenditures include costs for police and fire services. General fund public safety expenditures are performing as expected through August 2014 with a
3.3% increase over the same period in the prior year. The fiscal year 2014-15 budget includes a 3.9% increase over fiscal year 2013-14 actuals.

- 2-

August General Fund YTD Expenditures (Dollars in Thousands)

Refer to detailed financial schedules pages 21 thru 33

Transportation

10-11
11-12
12-13
13-14
14-15

August YTD
Annual
% of Annual
Expenditures Expenditures * Expenditures
6,989
38,711
18.1%
5,818
39,161
14.9%
15,096
38,161
39.6%
8,926
29,713
30.0%
9,232
39,756
23.2%

* - For prior years-total actual expenditures, for current year-total approved
budget

Better than Expected

Community
Development
Transportation
$45,000
$40,000
$35,000
$35,000
$30,000
$30,000
$25,000
$25,000
$20,000
$20,000
$15,000
$15,000
$10,000
$10,000
$5,000
$5,000
$0
$0

August YTD
Expenditures
August
YTD
Expenditures

Annual
Annual
Expenditures *
Expenditures *
10-11 11-12
11-1212-13 12-13
10-11
13-14

13-14
14-15

Transportation expenditures include costs for public transit and street maintenance and repair. General fund transportation expenditures are better than expected
through August 2014 with a 3.4% increase over the same period in the prior year. The fiscal year 2014-15 budget includes a 33.8% increase over fiscal year 201314 actuals. As part of the plan to reduce the food tax in January 2014, Public Transit used savings achieved by refunding transit bonds to reduce the amount of
support needed from the General Fund for fiscal year 2013-14. The 2014-15 budget includes the restoration of the General Fund support for Public Transit resulting
in the large year over year increase.

Community Development
Community Enrichment

Community Development

10-11
11-12
12-13
13-14
14-15

August YTD
Annual
% of Annual
Expenditures Expenditures * Expenditures
3,632
19,458
18.7%
3,375
19,393
17.4%
3,598
19,927
18.1%
4,074
20,210
20.2%
3,828
22,241
17.2%

* - For prior years-total actual expenditures, for current year-total approved
budget

Better than Expected

$25,000
$25,000
August
AugustYTD
YTD
Expenditures
Expenditures

$20,000
$20,000
$15,000
$15,000
$10,000
$10,000

Annual
Annual
Expenditures *
Expenditures *

$5,000
$5,000
$0
$0

10-11
10-11

11-12
12-13
11-12
12-13
13-14

13-14
14-15

Community development expenditures include costs for economic development and neighborhood services. General fund community development expenditures
are better than expected through August 2014 with a 6.0% decrease over the same period in the prior year. The fiscal year 2014-15 budget includes a 10.0%
increase over fiscal year 2013-14 actuals.

-3-

August General Fund YTD Expenditures (Dollars in Thousands)

Refer to detailed financial schedules pages 21 thru 33

Community Enrichment

10-11
11-12
12-13
13-14
14-15

August YTD
Annual
% of Annual
Expenditures Expenditures * Expenditures
25,866
137,793
18.8%
26,251
140,026
18.7%
28,223
141,209
20.0%
29,044
143,665
20.2%
25,858
150,195
17.2%

* - For prior years-total actual expenditures, for current year-total approved
budget

Better than Expected

Environmental
Services
Community Enrichment
$160,000
$160,000
$140,000
$140,000
$120,000
$120,000
$100,000
$100,000
$80,000
$80,000
$60,000
$60,000
$40,000
$40,000
$20,000
$20,000
$0
$0 10-11
11-12
12-13
13-14
10-11
11-12
12-13

AugustYTD
YTD
August
Expenditures
Expenditures

Annual
Expenditures *
Annual
Expenditures *
14-15
13-14

Community enrichment expenditures include costs for parks, recreational activities, senior centers and community centers. General fund community enrichment
expenditures are better than expected through August 2014 with an 11.0% decrease over the same period in the prior year. The fiscal year 2014-15 budget includes a 4.5%
increase over fiscal year 2013-14 actuals.

Environmental Services

10-11
11-12
12-13
13-14
14-15

August YTD
Annual
% of Annual
Expenditures Expenditures * Expenditures
3,909
14,046
27.8%
3,257
15,723
20.7%
3,210
15,353
20.9%
2,475
13,748
18.0%
3,598
18,508
19.4%

* - For prior years-total actual expenditures, for current year-total approved
budget

Environmental
Total GeneralServices
Fund
$18,000
$20,000
$18,000
$16,000
$16,000
$14,000
$14,000
$12,000
$12,000
$10,000
$10,000
$8,000
$8,000
$6,000
$6,000
$4,000
$4,000
$2,000
$0

Monitor & Consider Corrective Action

August YTD
Expenditures

Annual
Expenditures *
10-11
10-11

11-12 12-13 12-13
11-12
13-14

13-14
14-15

Environmental service expenditures include costs for maintaining and operating city facilities. General Fund environmental services expenditures through August 2014 are
45.4% higher than the same period in the prior year. The increase is primarily due to a reduction in equipment management credits received by the general fund. The fiscal
year 2014-15 budget includes a 34.6% increase over fiscal year 2013-14 actuals.

-4-

Citywide
Expenditures
All expenditures of the City including those for
enterprise functions and those related to dedicated
revenue streams. Expenditures are reported in
total and by program.

August Citywide YTD Expenditures (Dollars in Thousands)

Refer to detailed financial schedules pages 21 thru 33

Total Citywide Operating

10-11
11-12
12-13
13-14
14-15

August YTD
Annual
% of Annual
Expenditures Expenditures * Expenditures
621,907
3,026,005
20.6%
609,244
2,985,410
20.4%
641,356
3,123,865
20.5%
647,141
3,054,098
21.2%
643,842
3,512,673
18.3%

* - For prior years-total actual expenditures, for current year-total approved
budget net of adjustments for contingencies and use of the early redemption
fund.

Total
Citywide
General
Government
$4,000,000
$3,500,000
$3,500,000
$3,000,000
$3,000,000
$2,500,000
$2,500,000
$2,000,000
$2,000,000
$1,500,000
$1,500,000
$1,000,000
$1,000,000
$500,000
$500,000
$0
$0

August YTD
August YTD
Expenditures
Expenditures

Annual
Annual
Expenditures *
Expenditures *
10-11
10-11

Better than Expected

11-12
12-13
13-14
11-12
12-13

14-15
13-14

In order to have a better comparison to prior year actuals, contingencies will only be included in the annual budget to the extent that they have been spent. Additionally, per
the note on General Obligation Debt Service Expenditures (Page 9), the credit for the use of the early redemption fund will not be included in the budgetary total. After these
adjustments, the budget for fiscal year 2014-15 anticipated an increase of 15.0% in total operating expenditures. Actual expenditures are better than expected with a year to
date decrease of 0.5% from the prior year through August 2014.

General Government

10-11
11-12
12-13
13-14
14-15

August YTD
Annual
% of Annual
Expenditures Expenditures * Expenditures
17,612
78,047
22.6%
18,976
109,658
17.3%
18,286
114,015
16.0%
22,488
114,235
19.7%
18,244
122,878
14.8%

* - For prior years-total actual expenditures, for current year-total approved
budget

Better than Expected

Criminal
Justice
General
Government
$120,000
$140,000
$100,000
$120,000
$80,000
$100,000

August YTD
Expenditures
August YTD
Expenditures

$80,000
$60,000

Annual
Expenditures *

$60,000
$40,000
$40,000
$20,000
$20,000

Annual
Expenditures *

$0
10-11
10-11

11-12 12-13 12-13
11-12
13-14

13-14
14-15

General government expenditures include costs for administrative and internal service functions such as the Mayor and City Council, City Manager's Office, City Auditor,
Finance, Budget and Research, and Human Resources. Citywide general government expenditures are better than expected with a year-to-date decrease of 18.9% through
August 2014 over the prior August. This is lower than the budgeted increase of 7.6% for fiscal year 2014-15 over prior year actuals.

-5-

August Citywide YTD Expenditures (Dollars in Thousands)

Refer to detailed financial schedules pages 21 thru 33

Criminal Justice

10-11
11-12
12-13
13-14
14-15

August YTD
Annual
% of Annual
Expenditures Expenditures * Expenditures
7,155
36,958
19.4%
6,802
36,305
18.7%
7,705
41,290
18.7%
7,796
40,697
19.2%
7,458
46,819
15.9%

* - For prior years-total actual expenditures, for current year-total approved
budget

Better than Expected

Public
Safety
Criminal
Justice
$50,000
$200,000
$45,000
$40,000
$35,000
$30,000
$25,000
$20,000
$15,000
$10,000
$0
$5,000
$0

August YTD
Expenditures
August
YTD
Expenditures
Annual
Annual
Expenditures *
Expenditures *
10-11
10-11

11-12
11-12

12-13
12-13

13-14
13-14

14-15

Criminal Justice expenditures include costs of the Municipal Court and the Public Defender’s office. Citywide criminal justice expenditures are better than expected with a
year to date decrease at August 2014 of 4.3% from the prior August. The budgeted increase for fiscal year 2014-15 over prior year actuals is 15.0%.

Public Safety

10-11
11-12
12-13
13-14
14-15

Transportation
Public Safety
August YTD
Annual
% of Annual
Expenditures Expenditures * Expenditures
138,059
792,002
17.4%
142,306
803,367
17.7%
149,749
842,387
17.8%
151,300
842,270
18.0%
152,115
874,993
17.4%

* - For prior years-total actual expenditures, for current year-total approved
budget

Better than Expected

$1,000,000
$900,000
$800,000
$800,000
$700,000
$600,000
$600,000
$500,000
$400,000
$400,000
$200,000
$300,000
$200,000
$0
$100,000 10-11
11-12
12-13
13-14
$0
10-11
11-12
12-13

August YTD
Expenditures
August
YTD
Expenditures

14-15

Annual
Expenditures *
Annual
Expenditures *

13-14

Public Safety expenditures include costs of Police, Fire and Emergency Management. Citywide public safety expenditures are performing better than expected with year to
date August 2014 expenditures 0.5% higher than the prior year. The budgeted increase for fiscal year 2014-15 over prior year actuals is 3.9%.

-6-

August Citywide YTD Expenditures (Dollars in Thousands)

Refer to detailed financial schedules pages 21 thru 33

Transportation

10-11
11-12
12-13
13-14
14-15

August YTD
Annual
% of Annual
Expenditures Expenditures * Expenditures
199,584
567,830
35.1%
210,003
584,429
35.9%
216,261
582,381
37.1%
229,099
573,025
40.0%
227,928
610,044
37.4%

* - For prior years-total actual expenditures, for current year-total approved
budget

Better than Expected

Transportation
Community
Development
$700,000
$600,000
$500,000

August YTD
Expenditures
August
YTD
Expenditures

$400,000
$400,000
$300,000
$300,000
$200,000
$200,000
$100,000
$100,000
$0
$0

Annual
Annual
Expenditures *
Expenditures *
10-11 11-12
11-1212-13 12-13
10-11
13-14

13-14
14-15

Transportation expenditures include costs for Street lighting, maintenance and repair; Aviation and Public Transit. Citywide transportation expenditures are better than
expected with a year to date decrease at August 2014 of 0.5% from the prior August. The budgeted increase for fiscal year 2014-15 over prior year actuals is 6.5%.

Community Development

10-11
11-12
12-13
13-14
14-15

August YTD
Annual
% of Annual
Expenditures Expenditures * Expenditures
35,234
176,114
20.0%
28,969
192,133
15.1%
39,212
209,403
18.7%
37,275
194,542
19.2%
37,422
230,064
16.3%

* - For prior years-total actual expenditures, for current year-total approved
budget

CommunityDevelopment
Enrichment
Community
$250,000
$250,000
AugustYTD
YTD
August
Expenditures
Expenditures

$200,000
$200,000
$150,000
$150,000
$100,000
$100,000
$50,000
$50,000
$0
$0

Better than Expected

Annual
Expenditures *
Annual
Expenditures *
10-11
10-11

11-12
12-13
11-12
12-13
13-14

13-14
14-15

Community Development expenditures include costs for Neighborhood Services, Housing, Planning and Economic Development. Citywide community development
expenditures are better than expected with a year to date increase at August 2014 of 0.4% from the prior August. These expenditures were budgeted to increase
18.3% for fiscal year 2014-15 over prior year actuals.

-7-

August Citywide YTD Expenditures (Dollars in Thousands)

Refer to detailed financial schedules pages 21 thru 33

Community Enrichment

10-11
11-12
12-13
13-14
14-15

August YTD
Annual
% of Annual
Expenditures Expenditures * Expenditures
53,768
274,824
19.6%
52,971
272,353
19.4%
53,864
273,110
19.7%
55,212
272,326
20.3%
44,490
285,034
15.6%

* - For prior years-total actual expenditures, for current year-total approved
budget

Environmental
Services
Community Enrichment
$300,000
$300,000
$250,000
$250,000
$200,000
$200,000

AugustYTD
YTD
August
Expenditures
Expenditures

$150,000
$150,000
$100,000
$100,000
$50,000
$50,000
$0
$0

Annual
Expenditures *
Annual
Expenditures *

Better than Expected

10-11
11-12
12-13
13-14
10-11
11-12
12-13

14-15
13-14

Community Enrichment expenditures include costs for Parks, Libraries, the Convention Center, Senior Centers and Community Centers. Citywide community enrichment
expenditures are better than expected with a year to date decrease at August 2014 of 19.4% from the prior August. The budgeted increase for fiscal year 2014-15 over prior
year actuals is 4.7%.

Environmental Services

10-11
11-12
12-13
13-14
14-15

August YTD
Annual
% of Annual
Expenditures Expenditures * Expenditures
100,070
572,693
17.5%
92,686
549,628
16.9%
113,108
564,051
20.1%
96,911
577,118
16.8%
94,101
619,914
15.2%

* - For prior years-total actual expenditures, for current year-total approved
budget

Better than Expected

General
Obligation Services
Debt Service
Environmental
$700,000
$700,000
$600,000
$600,000

AugustYTD
YTD
August
Expenditures
Expenditures

$500,000
$500,000
$400,000
$400,000
$300,000
$300,000
$200,000
$200,000
$100,000
$100,000
$0
$0 10-11
10-11

Annual
Expenditures *
Annual
Expenditures *
11-12
11-12

12-13
13-14
12-13
13-14
14-15

Environmental Services expenditures include costs for Water, Wastewater and Solid Waste services as well as the care and maintenance of City facilities. Citywide
environmental services expenditures are better than expected with a year to date decrease at August 2014 of 2.9% from the prior August. The budgeted increase for fiscal
year 2014-15 over prior year actuals is 7.4%.

-8-

August Citywide YTD Expenditures (Dollars in Thousands)

Refer to detailed financial schedules pages 21 thru 33

General Obligation Debt Service

10-11
11-12
12-13
13-14
14-15

August YTD
Annual
% of Annual
Expenditures Expenditures * Expenditures
32,061
196,779
16.3%
28,154
157,298
17.9%
22,732
137,208
16.6%
16,797
100,524
16.7%
22,462
148,544
15.1%

* - For prior years-total actual expenditures, for current year-total approved
budget net of credit for early redemption fund resources

Better than Expected

General Obligation
Debt Service
Total Citywide
$250,000
$250,000
AugustYTD
YTD
August
Expenditures
Expenditures

$200,000
$200,000
$150,000
$150,000
$100,000
$100,000

Annual
Expenditures *
Annual
Expenditures *

$50,000
$50,000
$0

$010-11
11-12
12-13
10-11
11-12

13-14
12-13

14-15
13-14

In order to better compare the current year budget to prior year actuals, the budget for General Obligation Debt Service expenditures has been increased by $74.4 million
over the amount recorded on the accompanying statements. The approved budget includes a credit for $74.4 million to be taken from the early redemption fund which is not
included in available resources for budget purposes. However, the expenditures are measured at full value for the actuals. Using the adjusted budget figure, general
obligation debt service expenditures are performing better than expected. Budgeted expenditures for fiscal year 2014-15 are 47.8% higher than actual expenditures for the
prior fiscal year. Through August 2014, year to date expenditures are 33.8% higher than the prior August.

-9-

Capital
Expenditures
Expenditures for capital projects. These expenditures
may come from designated capital funds such as
bond proceeds or grants, or they may come from
operating funds and be reported in both the
operating and capital sections.
Because of the long-term view used in capital
budgeting and the volatility of capital spending, no
performance status is provided unless capital
spending exceeds the capital budget.

Capital Expenditures (Dollars in Thousands)

General Gov't

Refer to detailed financial schedules pages 21 - 33

10-11

11-12

12-13

13-14

14-15
(Budget)

$ 388,422

$ 232,848

$ 320,599

$ 263,112

$ 508,032

Discussion:

14-15 (YTD)

$

23,454

General Gov't

Major Projects in fiscal year 2012-13 included Bus
Acquisitions ($60 million), Sonoran Preserve Land
Acquisitions ($25 million), Ballet Arizona and Arizona
Opera facilities ($8 million), and the purchase of fire
safety apparatus ($6 million).

14-15 (YTD)
14-15
(Budget)
13-14

Major Projects in fiscal year 2013-14 include technology
acquisitions for E-Procurement and Regional Wireless
Communications ($21 million), street projects (Avenida
Rio Salado-$27 million, Sonoran Desert Drive-$14
million, Black Mountain Blvd ramps to SR51-$9 million,
Pinnacle Peak Rd-$10 million, and Greenway Rd/Cave
Creek Wash Bridge-$7 million), and Police PACE
Upgrade/Replacement ($12 million).

12-13
11-12
10-11
$0

$200,000

$400,000

$600,000

Major Projects planned for fiscal year 2014-15 include
the replacement of the City’s telephone system and data
network ($36 million), continued work on Avenida Rio
Salado and Black Mountain Blvd ramps to SR51 ($28
million), and an upgrade to the South Transit Facility
($19 million).

Aviation

10-11

11-12

12-13

13-14

14-15
(Budget)

$ 157,884

$ 332,920

$ 168,639

$ 180,571

$ 319,309

14-15 (YTD)

$

13,735

Discussion:

Aviation

In fiscal year 2011-12 the department spent $190 million
on stage 1a of the PHX Sky Train. In fiscal year 2013-14
the department spent $19 million on Terminal
Development Concept Design.

14-15 (YTD)
14-15
(Budget)
13-14

Major projects planned for fiscal year 2014-15 include
Terminal Development Concept Design ($126 million)
and Terminal 4 International Expansion ($23 million).

12-13
11-12
10-11
$0

$100,000

$200,000

$300,000

- 10 -

Capital Expenditures (Dollars in Thousands)
10-11

Phx Convention Ctr

$

4,493

Refer to detailed financial schedules pages 21 - 33

11-12

$

1,644

12-13

$

14-15
(Budget)

13-14

21,830

Discussion:

$

23,189

$

26,317

14-15 (YTD)

$

3,689

Phx Convention Ctr

Beginning in fiscal year 2012-13, Phoenix Convention
Center began making debt service payments on the state
funded portion of the 2005 Convention Center bonds.
The payments from the state are accumulated in a capital
fund and the subsequent debt service payments are then
made from the capital fund within the capital budget. For
fiscal year 2012-13 and fiscal year 2013-14 that payment
was $20 million.

14-15 (YTD)
14-15 (Budget)
13-14
12-13

Phoenix Convention Center has included another $20
million debt service payment in the fiscal year 2014-15
capital budget.

11-12
10-11
$0

10-11

Solid Waste

$

22,640

11-12

$

15,512

8,605

14-15
(Budget)

13-14

12-13

$

$10,000

$

8,063

$

36,550

$20,000

$30,000

14-15 (YTD)

$

285

Discussion:

Solid Waste

Fiscal years 2010-11, 2011-12 and 2012-13 included
about $5-$6 million per year in spending on the SR85
landfill. Additionally, in fiscal years 2009-10, 2010-11 and
2011-12 renovation of the 27th Ave Transfer Station
accounted for a total of $24 million in spending. In fiscal
year 2013-14, projects included $3.5 million for methane
gas systems at closed landfills and $3 million for a park in
Buckeye as part of the intergovernmental agreement for
the Buckeye landfill.

14-15 (YTD)
14-15 (Budget)
13-14
12-13
11-12
10-11
$0

$10,000

$20,000

$30,000

$40,000

The fiscal year 2014-15 capital budget for Solid Waste
includes $12 million for a Composting Facility at the 27th
Avenue site.

- 11 -

Capital Expenditures (Dollars in Thousands)
10-11

Wastewater

$

41,347

11-12

$

66,342

Refer to detailed financial schedules pages 21 - 33
14-15
(Budget)

13-14

12-13

$ 109,914

$

58,012

Discussion:

$ 131,222

14-15 (YTD)

$

1,831

Wastewater

Capital funds were used to pay $25 million, $50 million
and $25 million of commercial paper in fiscal years 201112, 2012-13 and 2013-14 respectively. In fiscal year 1213 the department spent $21 million on the Broadway
Road Parallel Sewer.

14-15 (YTD)
14-15
(Budget)
13-14

In fiscal year 2014-15 Wastewater is planning to begin
work on the SROG Interceptor, spending $8 million.

12-13
11-12
10-11
$0

10-11

Water System

$ 246,177

11-12

$

95,990

$50,000

12-13

13-14

14-15
(Budget)

$ 110,333

$ 129,080

$ 203,162

$100,000

$150,000

14-15 (YTD)

$

18,850

Discussion:

Water System

Major Projects in fiscal year 2010-11 included Val Vista
GAC Contactors ($51 million), Rehabilitation of the 42nd
St/Baseline Reservoir ($19 million), DBP mitigation at
various water treatment plants ($27 million), and
Residential Pressure Improvements ($41 million).

14-15 (YTD)
14-15
(Budget)
13-14

Major projects in fiscal year 2013-14 include construction
of a new 20 million gallon concrete reservoir at Deer Valley
WTP ($16 million).

12-13
11-12

Major projects planned for fiscal year 2014-15 include
water treatment plant improvements at the 24th Street and
Union Hills facilities ($34 million) and an upgrade to the
Customer Care and Billing system ($7 million).

10-11
$0

$100,000

$200,000

$300,000

- 12 -

Revenues
Sources of funds for the operations of the City
including local taxes, state shared taxes, user fees
and charges, and grants.

General Fund Total Operating Revenue (Dollars in Thousands)
Refer to detailed financial schedules pages 21 thru 33
General Fund Revenues
$1,200,000
$1,000,000

Aug YTD Actuals

$800,000
$600,000
$400,000
Annual Revenues*

$200,000
$0
10-11

10-11
11-12
12-13
13-14
14-15

Aug YTD
Actuals
133,201
131,723
135,898
145,337
147,664

Annual
Revenues*
962,689
948,384
980,945
1,026,167
1,060,289

11-12

12-13

13-14

14-15

% of Annual
Revenues
13.8%
13.9%
13.9%
14.2%
13.9%

* - For prior years - total actual revenues, for current year - total approved budget

Monitor & Consider Corrective Action
Fiscal Year 2014-15 general fund operating revenues were budgeted to increase 3.3% over prior year actuals. Actual year over year
revenue growth through August 2014 is 1.6%. Specific revenue sources are discussed on the following pages.

- 13 -

Property Taxes (Dollars in Thousands)
Refer to detailed financial schedules pages 21 thru 33
Property Taxes Primary & Secondary

300,000
250,000

Secondary
149,019

200,000

94,436

62,012

35,204

50,404

130,913

128,054

132,101

143,931

137,956

10-11

11-12

12-13

13-14

150,000

Primary

100,000
50,000
-

FY
10-11
11-12
12-13
13-14
14-15 YTD
14-15 budget

Total
279,932
222,488
194,112
179,136
(347)
188,358

July
(3,017)
(2,553)
(1,733)
(1,260)
(1,107)
(1,754)

Aug
1,118
1,059
1,349
971
760
1,068

14-15 YTD

14-15 budget

Sept
1,279
1,189
904
867

Oct
18,792
13,656
11,888
11,107

Nov
85,251
55,555
54,091
46,645

Dec
34,444
40,845
31,075
32,028

Jan
9,642
7,689
7,015
7,180

Feb
5,599
5,685
4,743
3,818

Mar
10,676
8,871
6,670
5,668

Apr
14,532
11,013
8,323
7,300

May
68,087
35,952
44,111
44,562

June
33,529
43,527
25,676
20,250

936

11,588

49,416

32,866

6,919

4,504

6,706

8,422

39,404

28,283

Note: Monthly budget amount for 13-14 is the average % of last 3 years of the total budget amount

Expected
Because property taxes are primarily collected in November, December, May and June, a monthly breakdown of the revenues is not particularly useful, therefore the chart for property tax revenues is presented with
an annual perspective. Property tax revenues will be presented as “Expected” in July, August and September as receipts in those months are immaterial and not representative of annual performance. Property tax
revenues are budgeted to increase 5.1% in fiscal year 2014-15 over prior year actuals.
Total property tax revenues have been decreasing each year since fiscal year 2009-10 with fiscal year 2014-15 anticipated to be the first year where the revenues will start to see recovery.

- 14 -

Local Sales Tax (Dollars in Thousands)
Refer to detailed financial schedules pages 21 thru 33

Local Sales Tax
Budget vs Actual
40,000
39,000
38,000
37,000
36,000
35,000

14-15 Actuals

34,000

14-15 budget

33,000
32,000
31,000
30,000
July

Aug

Sept

Oct

Nov

Dec

Jan

Feb

Mar

Apr

May

June

Expected
Local sales tax revenues through August 2014 are 0.8% below budget for that period.

Local Sales Tax
3 Year Trend
45,000
40,000
35,000
30,000
25,000

12-13 Actuals

20,000

13-14 Actuals

15,000

14-15 Actuals

10,000
5,000
July

Aug

Sept

Oct

Nov

Dec

Jan

Feb

Mar

Apr

May

June

While local sales tax revenues saw a net increase from fiscal year 2012-13 to fiscal year 2013-14, August 2014 was the first month since April 2014 to show a year over year increase in local
sales tax revenues.

Click Here for Additional Information

- 15 -

State Sales Tax (Dollars in Thousands)
Refer to detailed financial schedules pages 21 thru 33

State Sales Tax
Budget vs Actual

16,000
14,000
12,000
10,000

14-15 Actuals
14-15 budget

8,000
6,000
4,000
2,000
July

Aug

Sept

Oct

Nov

Dec

Jan

Feb

Mar

Apr

May

June

Monitor & Consider Corrective Action
State shared sales tax revenues through August 2014 are 2.3% below the budget estimates for the same period.

State Sales Tax
3 Year Trend
14,000
12,000
10,000
8,000

12-13 Actuals
13-14 Actuals

6,000

14-15 Actuals
4,000
2,000
July

Aug

Sept

Oct

Nov

Dec

Jan

Feb

Mar

Apr

May

June

Fiscal year 2013-14 state shared sales tax revenues were 7.0% higher than fiscal year 2012-13. This growth rate is nearly 75% greater than the 4.1% growth rate from fiscal year 2011-12 to fiscal
year 2012-13 reflecting continued economic recovery. Through August 2014 state shared sales tax revenues were 4.5% higher than through August 2013.

Click Here for Additional Information

- 16 -

Vehicle License Tax (Dollars in Thousands)
Refer to detailed financial schedules pages 21 thru 33

Vehicle License Tax
Budget vs Actual

6,000
5,000
4,000

14-15 Actuals
3,000

Budget 14-15

2,000
1,000
July

Aug

Sept

Oct

Nov

Dec

Jan

Feb

Mar

Apr

May

June

Expected
State shared vehicle license tax revenues are performing as expected through August 2014 at 0.9% higher than budget expectations for the same period.

Vehicle License Tax
3 Year Trend

6,000
5,000
4,000

12-13
Actuals

3,000

13-14
Actuals

2,000

14-15
Actuals

1,000
July

Aug

Sept

Oct

Nov

Dec

Jan

Feb

Mar

Apr

May

June

State shared vehicle license tax revenues for fiscal year 2013-14 increased 6.9% over fiscal year 2012-13. This follows a 4.2% increase for fiscal year 2012-13 over fiscal year 2011-12.
Revenues through August 2014 were 5.9% higher than through August 2013.

Click Here for Additional Information

- 17 -

Aviation Revenues (Dollars in Thousands)
Refer to detailed financial schedules pages 21 thru 33

Aviation Operating Revenues
Budget vs Actual

35,000
30,000
25,000

14-15 Actuals
20,000

Budget 14-15

15,000
10,000
5,000
July

Aug

Sept

Oct

Nov

Dec

Jan

Feb

Mar

Apr

May

June

Better than Expected
Aviation revenues through August 2014 were better than expected at 6.4% higher than budget expectations for the same period.

Aviation Operating Revenues
3 Year Trend

40,000
35,000
30,000
25,000

12-13 Actuals

20,000

13-14 Actuals

15,000

14-15 Actuals

10,000
5,000
July

Aug

Sept

Oct

Nov

Dec

Jan

Feb

Mar

Apr

May

June

In the above chart, fiscal year 2012-13 includes Customer Facility Charge revenues. In fiscal year 2013-14, Customer Facility Charge revenues were moved from operating to non-operating
to better reflect their required use for capital projects and debt service. In fiscal year 2012-13, those revenues amounted to $41.4 million.

Click Here for Additional Information

- 18 -

Water System Revenues (Dollars in Thousands)
Refer to detailed financial schedules pages 21 thru 33

Water System Operating Revenues
Budget vs Actual

60,000
50,000
40,000

14-15 Actuals
Budget 14-15

30,000
20,000
10,000
July

Aug

Sept

Oct

Nov

Dec

Jan

Feb

Mar

Apr

May

June

Monitor & Consider Corrective Action
Water revenues are 8.4% below budget projections through August 2014 reflecting the significant rainfall received in the 2014 monsoon.

Water System Operating Revenues
3 Year Trend

90,000
80,000
70,000

12-13
Actuals

60,000
50,000

13-14
Actuals

40,000

14-15
Actuals

30,000
20,000
10,000
July

Aug

Sept

Oct

Nov

Dec

Jan

Feb

Mar

Apr

In July 2012 Water sold land in McMullen Valley for $29.7 million. Through August 2014 year over year water revenues are essentially flat.

Click Here for Additional Information

- 19 -

May

June

Wastewater Revenues (Dollars in Thousands)
Refer to detailed financial schedules pages 21 thru 33

Wastewater Operating Revenues
Budget vs Actual

25,000

20,000

15,000

14-15 Actuals
Budget 14-15

10,000

5,000

July

Aug

Sept

Oct

Nov

Dec

Jan

Feb

Mar

Apr

May

June

Better than Expected
Wastewater revenues through August 2014 are better than expected at 4.1% higher than budget expectations for the same time frame.

Wastewater Operating Revenues
3 Year Trend

30,000
25,000
20,000

12-13 Actuals
13-14 Actuals

15,000

14-15 Actuals
10,000
5,000
July

Aug

Sept

Oct

Nov

Dec

Jan

Feb

Mar

Apr

Wastewater revenues have shown year over year increases every month since February 2014.

Click Here for Additional Information

- 20 -

May

June

General Funds
Summary
Presents comparisons of year-to-date balances to
the fiscal year budget and to the actual results for the
prior year for the general fund.

General Fund Revenue
As of August 31
(dollars in thousands)
Budget
Estimate
2014-15

Actual
Year-to-Date
2014-15
2013-14

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

$

431,320
2,541

71,779 $
115

71,949
115

135,474
175,174
54,300
137,956
2,833
9,495

20,815
29,197
9,967
(187)
419
3

19,925
26,880
9,415
(115)
415
(2)

17,722
1,015
13,487
1,025
7,361
1,431
3,928

2,585
117
1,652
172
1,336
187
682

3,110
135
1,407
181
1,483
194
627

32,500
13,596
1,800
17,331

5,231
1,829
372
1,393

5,754
344
210
3,310

$ 1,060,289

- 21 -

$

$

147,664 $

145,337

General Fund Expenditures
As of August 31
(dollars in thousands)
Actual
Year-to-Date
2014-15
2013-14

Budget
Estimate
2014-15
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

$

1,831
3,537
2,366
37,168
2,072
2,336
19,960
2,410
4,244
9,871
2,956
18,277
2,005
109,033

Criminal Justice
Municipal Court
Public Defender
Total Criminal Justice

$

228 $
540
567
494
319
400
3,180
741
547
1,583
544
3,075
620
12,838

284
562
541
6,962
533
461
3,528
738
685
1,531
659
3,956
574
21,014

29,049
4,982
34,031

5,211
808
6,019

5,498
745
6,243

Public Safety
Police
Fire
Others
Total Public Safety

471,386
255,563
14
726,963

85,251
44,923
3
130,177

82,520
43,544
1
126,065

Transportation
Street Transportation
Public Transit
Total Transportation

21,554
18,202
39,756

4,815
4,417
9,232

3,608
5,318
8,926

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

4,796
12,481
4,910
54
22,241

1,025
1,968
827
8
3,828

1,065
2,199
802
8
4,074

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

92,913
35,515
18,895
2,872
150,195

17,350
5,238
2,280
990
25,858

17,809
6,258
3,950
1,027
29,044

Environmental Services
Public Works
Environmental Programs
Total Environmental Services

17,663
845
18,508

3,489
109
3,598

2,337
138
2,475

2,845

338

132

-

-

Capital Improvement
Contingencies
Total Expenditures and Encumbrances

45,268
$

1,148,840

- 22 -

$

191,888 $

197,973

Citywide
Summary
Presents the City's summarized comparisons of the
year-to-date balances to the fiscal year budget and to
the actual results for the prior year.

Citywide Operating Revenue
As of August 31
(dollars in thousands)

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

Budget
Estimate
2014-15

$

431,320
2,541

$

135,474
175,174
54,300
137,956
2,833
9,495
18,737
13,487
1,025
7,361
1,431
3,928
46,096
1,800
17,331

Total General Funds

1,060,289

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

$

71,949
115

20,815
29,197
9,967
(187)
419
3
2,702
1,652
172
1,336
187
682
7,060
372
1,393

19,925
26,880
9,415
(115)
415
(2)
3,245
1,407
181
1,483
194
627
6,098
210
3,310

4,998
14,870
4,956
566
26,835
7,116
11,443
2,541
1,894
17,218
5,081
164
4,172
16,997
(159)

145,337

4,767
14,487
4,696
526
28,023
1,117
10,171
2,650
1,824
15,903
4,203
1,597
4,304
23,605
(179)

944,825

118,692

117,694

322,353
63,497
415,361
214,792
150,150

54,138
8,795
90,850
36,844
24,836

53,796
7,955
91,154
35,886
24,180

1,166,153

215,463

212,971

481,819 $

476,002

Enterprise Funds
Aviation
Convention Center
Water System
Wastewater
Solid Waste
Total Enterprise Funds

71,779 $
115

147,664

31,135
88,346
31,337
8,716
167,198
4,386
42,783
15,470
16,701
106,783
46,597
2,609
44,684
282,747
55,333

Total Special Revenue and
Debt Service Funds

Total Operating Revenues

Actual
Year-to-Date
2014-15
2013-14

3,171,267

- 23 -

$

Citywide Operating Expenditures
As of August 31
(dollars in thousands)

Source
General Government
General Funds
Other Funds
Total General Government

Actual
Year-to-Date
2014-15
2013-14

Budget
2014-15
$

Criminal Justice
General Funds
Other Funds
Total Criminal Justice

109,033
13,845
122,878

$

12,838 $
5,406
18,244

21,014
1,474
22,488

34,031
12,788
46,819

6,019
1,439
7,458

6,243
1,553
7,796

Public Safety
General Funds
Other Funds
Total Public Safety

726,963
148,030
874,993

130,177
21,938
152,115

126,065
25,235
151,300

Transportation
General Funds
Other Funds
Total Transportation

39,756
570,288
610,044

9,232
218,696
227,928

8,926
220,173
229,099

Community Development
General Funds
Other Funds
Total Community Development

22,241
207,823
230,064

3,828
33,594
37,422

4,074
33,201
37,275

Community Enrichment
General Funds
Other Funds
Total Community Enrichment

150,195
134,839
285,034

25,858
18,632
44,490

29,044
26,168
55,212

Environmental Services
General Funds
Other Funds
Total Environmental Services

18,508
601,406
619,914

3,598
90,503
94,101

2,475
94,437
96,912

74,164
74,164

22,461
22,461

16,797
16,797

2,845
571,538
574,383

338
39,285
39,623

132
30,130
30,262

45,268
48,500
93,768

-

-

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

$

1,148,840
2,383,221
3,532,061

- 24 -

$

191,888
451,954
643,842 $

197,973
449,168
647,141

Citywide
Detail
Presents, in detail, the results of the City's operations
for the current month and for the fiscal year-to-date.
Included are breakdowns of the City's revenues,
operating budget expenditures, capital budget
expenditures and bonds authorized and sold.

Citywide Operating Revenue by Source
For the Month Ended
August 31
2014
2013

Budget
Estimate
2014-15

Source

Actual Year-to-Date
2014-15
2013-14

General Funds
$

36,413,783
53,558

$

35,589,177
51,884

Local Taxes:
Sales Taxes
Privilege License Fees

$

431,320,000
2,541,000

$

71,778,648
115,379

$

71,949,317
114,958

36,467,341

35,641,061

Total Local Taxes

433,861,000

71,894,027

72,064,275

9,711,944
14,598,649
5,004,427

9,615,520
13,440,181
4,662,829

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

135,474,000
175,174,000
54,300,000

20,814,944
29,197,299
9,967,447

19,924,520
26,880,362
9,414,664

29,315,020

27,718,530

364,948,000

59,979,690

56,219,546

603,787

668,390

Primary Property Tax

298,800

259,292

Licenses and Permits
Cable Communications
Municipal Court:
Fines and Forfeitures
Court Default Fee

17,721,789
1,015,000

2,584,439
117,241

-

-

1,376,170
61,053

1,429,350
69,522

1,437,223

1,498,872

942,907

718,494

84,658

88,451

348,574

742,100

86,695

71,353

179,575

266,845

2,015,811
66,859
1,542,057

3,177,460
43,750
184,731

3,624,727

3,405,941

143,818

107,654

568,517

1,956,897

74,101,642

73,143,880

Total State Shared Taxes

137,956,000

Total Municipal Court
Police

(186,925)

(114,576)

2,833,000

418,522

415,270

9,495,000

3,262

(2,001)
3,109,523
135,401

18,736,789

2,701,680

3,244,924

13,487,000

1,651,686

1,406,957

Library Fees

1,025,000

171,586

180,536

Parks and Recreation

7,361,300

1,335,705

1,482,826

Planning and Development

1,431,400

186,595

194,320

Street Transportation

3,928,108

682,359

626,320

32,500,000
1,400,000
12,195,773

5,231,446
119,059
1,709,936

5,754,001
69,250
274,968

46,095,773

7,060,441

6,098,219

1,800,000

372,206

210,088

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

- 25 -

17,330,894

1,392,872

3,309,909

1,060,289,264

147,663,706

145,336,613

Citywide Operating Revenue by Source (continued)
For the Month Ended
August 31
2014
2013

Budget
Estimate
2014-15

Source

Actual Year-to-Date
2013-14
2014-15

Special Revenue and Debt Service Funds
$

1,726,680
123,335
616,673
50,973

$

1,566,688
111,907
559,532
73,773

2,517,661

2,311,900

5,636,621
2,022,433
(10,093)

5,313,099
1,956,858
(7,852)

7,648,961

7,262,105

2,486,012

2,263,232

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

181,127
12,183
119,119
(2,740)
(4,193)

143,823
5,141
119,219
(4,269)
(3,127)

305,496

260,787

8,964,278
3,392,253

8,952,504
4,059,978

12,356,531

13,012,482

6,515,640

1,117,000

Court Awards

3,511,989

2,653,068

1,285,720

1,345,273

1,052,567
12,536

852,268
11,879

1,065,103

864,147

21,791,000
1,556,000
7,783,000
5,000

$

3,442,819
245,916
1,229,579
79,731

$

3,261,184
232,942
1,164,709
107,676

31,135,000

4,998,045

4,766,511

66,032,000
22,381,000
(67,500)

11,002,744
3,887,824
(20,262)

10,668,287
3,833,498
(15,005)

88,345,500

14,870,306

14,486,780

31,337,000

4,956,440

4,696,337

5,722,702
311,350
2,352,140
(70,000)
399,500

322,958
13,242
235,082
(5,269)
(445)

291,477
9,235
234,069
(8,162)
(419)

8,715,692

565,568

526,200

115,177,000
52,021,458

17,840,612
8,994,122

18,635,338
9,387,215

167,198,458

26,834,734

28,022,553

4,385,818

7,115,640

1,117,000

Planning and Development

42,783,000

11,443,230

10,171,056

Capital Construction

15,470,000

2,541,001

2,650,089

Sports Facilities:
Sales Taxes
Interest/Other

16,451,000
250,000

1,867,913
26,316

1,799,396
24,149

16,701,000

1,894,229

1,823,545

Total Golf Courses
Transit 2000:
Sales Taxes
Interest/Other
Total Transit 2000

Total Sports Facilities

- 26 -

Citywide Operating Revenue by Source (continued)
For the Month Ended
August 31
2014
2013

Budget
Estimate
2014-15

Source

Actual Year-to-Date
2013-14
2014-15

Special Revenue and Debt Service Funds (Cont'd)

$

Highway User Revenue:
Highway User Revenue
Interest
Other

8,721,738
24,381
-

8,217,929
15,654
3,000

8,746,119

8,236,583

2,574,010

2,106,108

45,963

1,580,692

2,078,514

1,364,743

Other Restricted Fees

519,759
5,690,239
671,567

Grants:
Public Housing:
Rentals
Grants
Other

399,223
5,279,974
210,516

$

106,383,000
200,000
200,000

17,034,738
47,322
136,300

15,869,929
28,979
4,398

106,783,000

17,218,360

15,903,306

Regional Transit Revenues

46,596,781

5,080,783

4,203,307

Community Reinvestment

2,608,664

163,821

1,597,156

44,684,752

4,171,981

4,304,136

Total Highway User Revenue

$

$

835,161
9,547,462
(31,733)

$

969,566
7,884,726
918,829

5,889,713

6,881,565

1,558,554
1,823,932
149,435
3,573,021

3,715,107
2,120,376
160,975
6,617,519

7,104,942

12,613,977

Total Other

196,420,918

6,646,174

13,831,731

12,994,655

19,495,542

Total Grants

282,746,789

16,997,064

23,604,852

156,323
3,236

302,510
(517)

159,559

301,993

64,291,933

64,175,655

Total Public Housing

7,109,137
74,501,952
4,714,782

Other:
Human Resources
Federal Transit Administration
Community Development
Other

G.O. Bond/Secondary Property Tax
Secondary Property Tax
Interest

86,325,871

10,350,890

9,773,121

40,078,832
72,253,928
31,945,433
52,142,725

(402,054)
(1,158,117)
4,818,884
3,387,461

1,302,276
2,120,378
4,720,571
5,688,506

50,404,017
4,928,832

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

55,332,849

(159,468)
177
(159,291)

(174,731)
(3,866)
(178,597)

944,824,303

118,691,911

117,694,231

131,840,000
182,337,300
800,000
2,498,000
1,895,125
2,982,075
-

17,187,505
35,451,106
129,316
434,854
350,142
493,273
91,889

16,914,768
35,446,466
214,266
434,987
355,281
488,704
(58,123)

322,352,500

54,138,085

53,796,349

Enterprise Funds
AVIATION:
8,710,480
17,231,611
67,364
136,027
174,837
241,350
32,435

8,490,468
16,557,820
163,451
173,156
177,755
244,307
(3,046,642)

26,594,104

22,760,315

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

- 27 -

Citywide Operating Revenue by Source (continued)
For the Month Ended
August 31
2014
2013

Budget
Estimate
2014-15

Source

Actual Year-to-Date
2014-15
2013-14

Enterprise Funds (Cont'd)
CONVENTION CENTER:
3,580,989
856,511
19,803

3,093,751
840,468
16,404

4,457,303

3,950,623

Excise Taxes
Operating Revenue
Interest
Total Convention Center

47,993,000
15,328,192
175,863

6,863,026
1,893,495
38,378

6,318,496
1,604,915
31,115

63,497,055

8,794,899

7,954,526

WATER SYSTEM:
$

38,460,101
420,392
311,440
710,920
229,200
186,518
365,612

$

40,684,183

41,218,510
555,899
181,542
(354,988)
71,700
146,050
318,612
42,137,325

Water Sales
Water Service Fees
Distribution
Intergovernmental
Development Fees
Interest
Other

$

Total Water System

393,242,000
6,000,000
4,340,000
6,826,000
2,600,000
2,342,000
11,000

$

86,614,698
857,251
1,297,431
1,331,569
317,580
367,719
64,199

$

87,213,354
1,060,727
1,052,796
913,011
364,800
280,141
269,196

415,361,000

90,850,447

91,154,025

182,029,000
16,199,000
2,400,000
1,348,000
12,816,000

30,462,378
3,270,916
307,440
218,194
2,585,656

30,192,776
3,224,204
338,280
180,344
1,950,357

214,792,000

36,844,584

35,885,961

128,235,000
9,720,000
270,000
11,925,446

21,268,925
1,451,415
75,469
2,039,839

21,095,191
1,501,253
57,864
1,525,691

150,150,446

24,835,648

24,179,999

1,166,153,001

215,463,663

212,970,860

WASTEWATER:
15,328,676
1,703,916
220,860
109,888
1,156,632

15,140,534
1,678,204
71,100
92,911
1,269,634

18,519,972

18,252,383

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

$

10,627,092
836,147
37,847
989,735

10,548,028
738,031
32,779
1,250,085

12,490,821

12,568,923

102,746,383

99,669,569

241,139,958

$

236,989,104

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

$

- 28 -

3,171,266,568

$

481,819,280

$

476,001,704

Citywide Operating Expenditures by Program
For the Month Ended
August 31
2014
2013

Budget
Estimate
2014-15

Program

Actual Year-to-Date
2014-15
2013-14

2014-15 Year-to-Date
Operating Expenditures & Encumbrances
Capital
Operations
and Debt

General Government
$

111,576 $
270,209
324,107
(2,592,664)
50,691
154,871
208,256
1,521,242
167,985
144,509
181,451
940,754
155,151
6,346
229,198
1,475,874
4,422,852
7,772,408

134,007
277,396
309,947
3,446,438
108,655
272,679
274,032
1,656,194
243,039
429,833
138,896
778,159
(1,464)
6,998
271,832
1,573,745
610,849
10,531,235

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

$

1,831,282
3,536,455
2,598,527
39,623,947
1,295,862
2,410,636
2,925,130
20,973,333
2,409,910
4,244,327
616,163
11,446,511
92,797
2,955,905
21,198,759
4,718,242

$

227,617
540,617
615,832
877,330
105,213
377,038
467,901
3,354,307
741,331
546,800
183,029
1,862,491
318,899
13,301
543,700
3,521,552
3,946,567

$

283,949
561,777
599,497
7,311,759
190,442
590,674
535,398
3,686,969
738,392
684,783
344,984
1,720,125
24,155
14,021
658,672
4,573,592
(30,827)

$

227,617
540,617
615,832
613,294
105,213
377,038
467,901
3,354,307
741,331
546,800
183,029
1,670,986
318,899
13,301
543,700
3,494,730
3,946,567

$

264,036
191,505
26,822
-

122,877,786

18,243,525

22,488,362

17,761,162

482,363

41,837,569
4,981,585

6,650,460
807,990

7,051,120
745,024

5,566,569
807,990

1,083,891
-

46,819,154

7,458,450

7,796,144

6,374,559

1,083,891

570,433,037
304,086,736
472,781

100,880,517
51,161,312
73,240

100,880,120
50,330,732
89,403

99,722,365
50,559,223
73,240

1,158,152
602,089
-

874,992,554

152,115,069

151,300,255

150,354,828

1,760,241

Criminal Justice
2,752,708
395,848

2,874,907
367,177

3,148,556

3,242,084

Municipal Court
Public Defender
Total Criminal Justice
Public Safety

44,737,706
22,968,868
32,723

47,084,218
22,658,186
38,055

67,739,297

69,780,459

Police
Fire
Other
Total Public Safety

- 29 -

Citywide Operating Expenditures by Program (continued)
For the Month Ended
August 31
2014
2013

Budget
Estimate
2014-15

Program

Actual Year-to-Date
2014-15
2013-14

2014-15 Year-to-Date
Operating Expenditures & Encumbrances
Capital
Operations
and Debt

Transportation
$

4,917,228
977,967
19,299,968
10,808,304
36,003,467

$

4,921,202
936,424
22,580,626
19,277,628
47,715,880

Street Transportation
Street Lighting
Aviation
Public Transit
Total Transportation

$

60,347,257
11,676,247
285,060,223
252,960,307

$

11,563,673
1,924,460
42,227,854
172,211,897

$

10,249,663
1,855,752
44,795,752
172,197,480

$

11,543,862
1,924,460
33,824,038
162,717,124

$

19,811
8,403,816
9,494,773

610,044,034

227,927,884

229,098,647

210,009,484

17,918,400

Community Development
3,677,009
6,713,563
5,129,564
2,674,346

2,672,070
6,357,882
4,501,354
3,806,564

Planning and Development
Housing
Economic Development
Neighborhood Services Department

46,760,869
88,592,415
35,505,370
59,205,414

7,213,687
14,422,133
9,932,652
5,853,473

6,341,671
13,661,262
9,560,808
7,711,507

7,213,687
14,409,245
4,206,823
5,853,473

12,888
5,725,829
-

18,194,482

17,337,870

Total Community Development

230,064,068

37,421,945

37,275,248

31,683,228

5,738,717

102,825,230
36,062,173
8,354,628
60,752,841
11,048,412
60,440,955
4,007,435
1,542,517

18,875,103
5,338,019
1,299,161
8,888,272
1,845,803
6,876,562
545,182
821,973

19,079,809
6,378,615
1,256,575
16,592,057
1,824,697
8,755,882
512,884
811,242

18,555,277
5,338,019
1,299,161
5,790,070
6,827,653
545,182
821,973

319,826
3,098,202
1,845,803
48,909
-

285,034,191

44,490,075

55,211,761

39,177,335

5,312,740

Community Enrichment
8,099,705
2,823,456
671,589
4,036,519
923,682
3,322,236
183,528
213,855

8,503,504
3,469,367
594,942
11,417,528
913,019
3,868,417
329,494
275,973

20,274,570

29,372,244

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

- 30 -

Citywide Operating Expenditures by Program (continued)
For the Month Ended
August 31
2014
2013

Budget
Estimate
2014-15

Program

2014-15 Year-to-Date
Operating Expenditures & Encumbrances
Capital
Operations
and Debt

Actual Year-to-Date
2014-15
2013-14

Environmental Services
$

22,704,667
9,941,904
9,205,253
2,040,365
83,426

$

43,975,615

26,133,870
12,388,262
10,154,004
128,963
135,936
48,941,035

Water System
Wastewater
Solid Waste Management
Public Works
Environmental Programs

$

Total Environmental Services

371,308,322
75,410,036
146,831,385
25,033,479
1,330,589

$

49,858,805
20,365,557
19,107,861
4,564,999
203,589

$

50,245,985
23,043,908
20,064,476
3,297,773
259,142

$

30,640,151
11,164,042
16,934,578
3,495,062
203,589

$

62,437,422

19,218,654
9,201,515
2,173,283
1,069,937
-

619,913,811

94,100,811

96,911,284

31,663,389

4,441,975
12,231,905
26,136,496
874,035
6,199,154
698,890
12,109,390
2,023,464
7,501,731
8,068,835
1,274,411
14,276,351
50,200
10,019,078
3,684,108
3,136,383
(74,379,600)
3,264,075
16,211,189
8,976,399
86,813
7,279,133

34,986
1,899,771
4,356,083
145,672
1,022,015
114,281
2,003,740
337,244
1,228,601
1,284,918
209,397
1,819,235
8,352
1,647,240
613,835
474,851
125,963
457,032
2,005,352
1,471,443
1,065
1,200,583

144,368
1,518,496
1,404,416
56,256
769,026
115,111
813,939
104,744
1,200,468
1,297,534
195,568
2,415,382
8,367
1,210,696
213,185
477,535
156,346
2,580,920
913,316
1,135
1,200,169

-

34,986
1,899,771
4,356,083
145,672
1,022,015
114,281
2,003,740
337,244
1,228,601
1,284,918
209,397
1,819,235
8,352
1,647,240
613,835
474,851
125,963
457,032
2,005,352
1,471,443
1,065
1,200,583

General Obligation Debt Service
17,493
949,885
2,178,042
72,836
511,007
57,141
1,001,870
168,622
614,301
642,459
104,698
909,618
4,176
823,620
306,918
237,425
125,934
228,516
1,002,675
735,722
533
602,511

72,184
759,248
702,208
28,128
384,513
57,556
406,969
52,372
600,234
648,767
97,784
1,207,691
4,184
605,348
106,593
238,767
78,173
1,290,460
456,658
567
599,765

11,296,002

8,398,169

Total Debt Service

74,164,415

22,461,659

16,796,977

-

22,461,659

22,192,270

15,502,165

Capital Improvement

574,383,309

39,622,598

30,262,020

-

39,622,598

$

230,596,667

$

250,821,141

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

93,768,000
$

-

3,532,061,322

$

- 31 -

643,842,016

$

647,140,698

$

517,798,018

$

126,043,998

Capital Expenditures and Encumbrances
2014-15
Program

Budget

General Government
Arts and Cultural Facilities
Economic Development
Energy Conservation
Facilities Management
Finance
Fire Protection
Historic Preservation
Housing
Human Services
Information Technology
Libraries
Neighborhood Services
Parks and Mountain Preserves
Police Protection
Public Transit
Regional Wireless Cooperative
Street Transportation & Drainage

2013-14
Actual Yearto-Date

Actual Yearto-Date

$

1,125,574 $
8,545,966
1,200,000
8,802,162
2,436,721
11,744,923
1,406,342
36,572,478
609,000
49,848,470
1,476,482
6,350,452
73,248,002
3,250,325
123,636,622
17,957,644
159,820,808

158 $
63,200
142,509
1,059,645
1,620,951
22,288
1,532
640,775
9,526
707,776
296,614
(1,185)
3,005,001
147,523
2,831,334
12,906,363

126,502
63,437
1,052,216
192,150
4,438,975
823,332
102,120
3,489,461
362,035
916,173
44,836
195,131
1,981,042
3,477,156
5,443,586
22,040
9,998,637

Total Capital Improvement Program $

508,031,971 $

23,454,010 $

32,728,829

Enterprise
Aviation
Phoenix Convention Center
Solid Waste Disposal
Wastewater
Water System
Enterprise Subtotal
Total Capital Budget Program

$

$

319,309,235
26,317,367
36,549,997
131,221,683
203,161,550
716,559,832

$

1,224,591,803

$

$

13,735,487
3,689,083
284,998
1,830,989
18,850,159
38,390,716

$

61,844,726

$

$

27,182,404
3,916,225
53,067
3,024,205
5,241,821
39,417,722

$

72,146,551

2014-15 Year-to-Date Capital Amounts
From Operating Funds
From Capital Funds
Budget
Actual
Budget
$

51,574 $
8,381,140
1,200,000
1,652,162
1,161,446
7,944,250
17,299,618
1,200,391
200,000
3,201,373
42,931,503
3,182,088
95,545,813
75,677,465

$

62,888
142,509
1,012,634
891,523
244,355
1,564
81
(16,913)
2,746,384
27,872
2,762,152
8,358,919

259,628,823 $

$

$

28,117,700
5,868,367
29,202,053
73,266,111
178,300,255
314,754,486

$

574,383,309

- 32 -

16,233,968

$

$

3,169,259
280,916
32,396
1,785,395
18,120,664
23,388,630

$

39,622,598

$

$

$

1,074,000 $
164,826
7,150,000
1,275,275
3,800,673
1,406,342
19,272,860
609,000
48,648,079
1,276,482
3,149,079
30,316,499
68,237
28,090,809
17,957,644
84,143,343

158
312
47,011
729,428
22,288
1,532
396,420
7,962
707,776
296,533
15,728
258,617
119,651
69,182
4,547,444

248,403,148 $

7,220,042

$

291,191,535
20,449,000
7,347,944
57,955,572
24,861,295
401,805,346

$

650,208,494

Unencumbered
Budget

Actual

$

$

1,125,416
8,482,766
1,057,491
7,742,517
815,770
11,722,635
1,404,810
35,931,703
599,474
49,140,694
1,179,868
6,351,637
70,243,001
3,102,802
120,805,288
17,957,644
146,914,445

$

484,577,961

$

10,566,228
3,408,167
252,602
45,594
729,495
15,002,086

$

$

305,573,748
22,628,284
36,264,999
129,390,694
184,311,391
678,169,116

$

22,222,128

$

1,162,747,077

Bonds Authorized and Sold
As of August 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

$

- 33 -

2,689,750

$

2,537,395

$

152,355

Appendix A
Additional historic and trend information for various
revenue streams.

Local Sales Tax (Dollars in Thousands)

Local Sales Tax
45,000

10-11
Actuals
11-12
Actuals
12-13
Actuals
13-14
Actuals
14-15
Actuals
14-15
budget

40,000
35,000
30,000
25,000
20,000
15,000
July

FY
10-11
11-12
12-13
13-14
14-15
14-15 budget

July
32,543
33,875
34,005
36,360
35,365
36,235

Aug

Aug
32,288
34,239
34,276
35,589
36,414
36,132

Sept

YTD thru
Aug
64,831
68,114
68,281
71,949
71,779
72,367

Oct

Nov

Dec

Jan

Feb

Mar

Apr

May

June

Sept
33,087
33,371
34,254
35,873

Oct
32,143
34,746
33,337
35,068

Nov
32,952
31,854
33,430
34,363

Dec
31,456
31,745
32,504
32,474

Jan
36,278
36,385
36,527
40,116

Feb
30,658
31,532
32,542
32,084

Mar
31,302
32,549
32,047
32,147

Apr
34,169
34,955
34,911
35,988

May
33,040
32,521
34,699
33,165

June
32,462
39,115
38,243
34,898

36,183

35,841

35,127

33,956

39,553

33,595

33,920

37,094

35,346

38,338

Note: City of Phoenix revenue is budgeted on an annual basis. 2014-15 monthly budget amounts are based on an allocation of the annual budget. Monthly
budget amounts are calculated based on an allocation of FY 2010-11 through 2013-14 actual expenditures.

Return to Summary Page

- A1 -

State Sales Tax (Dollars in Thousands)

State Sales Tax
14,000
10-11 Actuals

13,000

11-12 Actuals
12,000

12-13 Actuals

11,000

13-14 Actuals
14-15 Actuals

10,000

14-15 budget

9,000
8,000
7,000
6,000
5,000
July

FY
10-11
11-12
12-13
13-14
14-15
14-15 budget

Aug

July
9,769
8,852
9,907
10,309
11,103
11,158

Sept

Aug
8,262
8,683
8,755
9,616
9,712
10,146

YTD thru
Aug
18,031
17,535
18,662
19,925
20,815
21,304

Oct

Nov

Dec

Jan

Feb

Mar

Apr

May

June

Sept
8,684
8,993
9,240
10,012

Oct
8,642
9,177
9,229
9,923

Nov
8,687
9,083
9,456
9,673

Dec
8,947
9,055
9,462
10,296

Jan
10,757
11,290
11,986
12,744

Feb
9,258
8,572
9,270
10,430

Mar
9,134
9,554
9,887
10,506

Apr
10,448
9,744
11,037
11,285

May
10,048
9,743
9,902
10,863

June
9,150
11,272
10,599
11,350

10,610

10,622

10,601

10,849

13,439

10,782

11,228

12,214

11,652

12,173

Note: City of Phoenix revenue is budgeted on an annual basis. 2014-15 monthly budget amounts are based on an allocation of the annual budget.
Monthly budget amounts are calculated based on an allocation of FY 2010-11 through 2013-14 actual expenditures.

Return to Summary Page

- A2 -

Vehicle License Tax (Dollars in Thousands)

Vehicle License Tax
5,500
10-11 Actuals
11-12 Actuals

5,000

12-13 Actuals
13-14 Actuals

4,500

14-15 Actuals
4,000

Budget 14-15

3,500
3,000
2,500
2,000
July

FY
10-11
11-12
12-13
13-14
14-15
Budget 14-15

Aug

July
5,217
4,482
4,493
4,752
4,963
5,282

Sept

Aug
4,141
3,698
3,982
4,663
5,004
4,596

Oct

YTD thru
Aug
9,358
8,180
8,475
9,415
9,967
9,878

Nov

Dec

Jan

Feb

Mar

Apr

May

June

Sept
3,722
3,842
3,852
3,992

Oct
4,018
3,669
3,535
3,912

Nov
3,224
3,089
3,582
3,958

Dec
4,095
3,781
3,993
3,872

Jan
3,894
3,645
3,572
3,936

Feb
3,372
3,620
4,141
4,799

Mar
4,820
4,860
4,623
4,559

Apr
3,854
3,482
3,676
3,826

May
4,091
3,796
4,088
4,643

June
3,851
4,435
4,834
4,778

4,296

4,220

3,862

4,389

4,195

4,442

5,259

4,137

4,633

4,990

Note: City of Phoenix revenue is budgeted on an annual basis. 2014-15 monthly budget amounts are based on an allocation of the annual budget.
Monthly budget amounts are calculated based on an allocation of FY 2010-11 through 2013-14 actual expenditures.

Return to Summary Page

- A3 -

Aviation Revenues (Dollars in Thousands)

Aviation Operating Revenues
40,000
10-11 Actuals
11-12 Actuals

35,000

12-13 Actuals
13-14 Actuals

30,000

14-15 Actuals
Budget 14-15

25,000

20,000

15,000

10,000
July

FY
10-11
11-12
12-13
13-14
14-15
Budget 14-15

Aug

July
26,581
27,628
28,080
31,036
27,544
27,068

Sept

Aug
26,388
24,404
26,231
22,760
26,594
23,834

Oct

YTD thru
Aug
52,969
52,031
54,312
53,796
54,138
50,902

Nov

Dec

Jan

Feb

Mar

Apr

May

June

Sept
26,824
27,570
28,144
26,677

Oct
38,540
26,280
30,124
26,505

Nov
13,697
27,849
26,471
26,222

Dec
27,977
29,526
28,146
27,171

Jan
25,681
27,146
27,054
26,659

Feb
28,359
27,028
27,884
26,561

Mar
28,876
28,470
31,100
28,352

Apr
30,528
33,111
34,980
31,467

May
27,087
30,194
31,020
29,350

June
32,096
30,075
28,463
27,200

26,087

29,009

22,510

26,948

25,447

26,234

27,898

31,072

28,102

28,145

Note: City of Phoenix revenue is budgeted on an annual basis. 2014-15 monthly budget amounts are based on an allocation of the annual budget.
Monthly budget amounts are calculated based on an allocation of FY 2010-11 through FY 2013-14 actual expenditures.

Return to Summary Page

- A4 -

Water System Revenues (Dollars in Thousands)

Water System Operating Revenues
80,000
75,000

10-11 Actuals

70,000

11-12 Actuals

65,000

12-13 Actuals

60,000
55,000

13-14 Actuals

50,000

Budget 14-15

14-15 Actuals

45,000
40,000
35,000
30,000
25,000
20,000
15,000
10,000
July

FY
10-11
11-12
12-13
13-14
14-15
Budget 14-15

Aug

July
47,691
48,584
79,417
49,017
50,166
52,833

Sept

Aug
40,774
44,616
42,419
42,137
40,684
46,373

Oct

YTD thru
Aug
88,465
93,200
121,837
91,154
90,850
99,206

Nov

Dec

Jan

Feb

Mar

Apr

May

June

Sept
39,640
47,230
42,446
41,144

Oct
30,588
35,860
34,197
34,917

Nov
26,585
30,215
36,338
34,774

Dec
21,157
20,946
25,523
22,327

Jan
17,482
19,694
21,738
22,872

Feb
16,371
18,282
18,711
21,185

Mar
17,629
20,726
21,386
21,993

Apr
28,414
27,648
30,809
29,578

May
29,903
32,635
34,663
36,292

June
38,411
42,378
37,680
42,563

46,550

36,860

33,299

23,429

21,835

20,305

21,945

31,141

35,938

44,855

Note: City of Phoenix revenue is budgeted on an annual basis. 2014-15 monthly budget amounts are based on an allocation of the annual budget.
Monthly budget amounts are calculated based on an allocation of FY 2010-11, FY 2011-12, and FY 2013-14 actual expenditures. FY 2012-13 expenditures
were excluded from the calculation due to a significant outlier in July 2012.

Return to Summary Page

- A5 -

Wastewater Revenues (Dollars in Thousands)

Wastewater Operating Revenues
10-11 Actuals

27,000

11-12 Actuals
12-13 Actuals

22,000

13-14 Actuals
14-15 Actuals
Budget 14-15

17,000

12,000

7,000

2,000
July

FY
10-11
11-12
12-13
13-14
14-15
Budget 14-15

Aug

July
18,867
18,754
17,547
17,634
18,325
17,423

Sept

Aug
19,831
19,339
18,057
18,252
18,520
17,977

Oct

YTD thru
Aug
38,697
38,093
35,604
35,886
36,845
35,400

Nov

Dec

Jan

Feb

Mar

Apr

May

June

Sept
20,379
19,500
17,930
18,224

Oct
18,860
19,161
17,684
17,798

Nov
18,540
26,283
20,958
20,452

Dec
27,453
18,864
17,744
17,763

Jan
19,363
26,967
25,337
17,618

Feb
23,589
16,038
17,663
18,058

Mar
18,759
18,552
14,263
14,986

Apr
19,435
18,938
17,865
18,386

May
18,776
19,734
17,982
18,299

June
3,789
10,717
14,638
16,909

17,979

17,652

21,868

17,564

22,588

16,721

15,442

17,828

18,095

13,653

Note: City of Phoenix revenue is budgeted on an annual basis. 2014-15 monthly budget amounts are based on an allocation of the annual budget.
Monthly budget amounts are calculated based on an allocation of FY 2011-12 through FY 2013-14 actual expenditures. FY 2010-11 expenditures were
excluded from the calculation due to a significant outlier in June 2011.

Return to Summary Page

- A6 -