October 2014
Monthly Financial Report

PREPARED BY
Financial Accounting & Reporting Division

City of Phoenix

Monthly Financial Report
October 2014
Table of Contents
Expenditures by Programs

Page

Performance Status

General Fund Expenditures

General Fund Total Expenditures

1

Better than Expected

Report Navigation

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

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

be taken directly to that page of the report.

Table of Contents

Citywide Expenditures

Performance Status

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.

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

Page

Performance Status

General Fund Total Operating Revenue

13

Expected

Property Tax

14

Better than Expected

Local Sales Tax

15

Corrective Action Taken

State Sales Tax

16

Monitor & Consider Corrective Action

Vehicle License Tax

17

Monitor & Consider Corrective Action

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.

October General Fund YTD Expenditures (Dollars in Thousands)

Refer to detailed financial schedules pages 21 thru 33

Total General Fund Expenditures

Total General Fund
General Government

October YTD Annual
% of Annual
Expenditures
Expenditures * Expenditures
333,928
954,795
35.0%
342,193
995,771
34.4%
365,001
1,038,092
35.2%
366,794
1,042,102
35.2%
371,239
1,103,572
33.6%

$1,200,000
$1,200,000

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

$200,000
$200,000
$0
$0

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

Better than Expected

October YTD
October YTD
Expenditures
Expenditures

$1,000,000
$1,000,000
$800,000
$800,000
$600,000
$600,000
$400,000
$400,000

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
October 2014, general fund expenditures are performing better than expected as year to date expenditures are 1.2% higher than through October 2013.

General Government

Criminal
Justice
General
Government

October YTD Annual
% of Annual
Expenditures
Expenditures * Expenditures
31,686
70,650
44.8%
35,042
98,577
35.5%
34,730
102,211
34.0%
39,058
100,400
38.9%
33,545
109,033
30.8%

$120,000
$120,000
$100,000
$100,000
$80,000
$80,000
$60,000
$60,000
$40,000
$40,000

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

$20,000
$20,000

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

Better than Expected

October YTD
Expenditures
October YTD
Expenditures
Annual
Expenditures *
Annual
Expenditures *

$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 October 2014 with a
14.1% decrease from the same period in the prior year. The decrease is primarily due to the receipt of Information Technology Services assessments from other funds
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.
Year to date general government expenditures in the general fund through October 2014 are at their lowest level since fiscal year 2010-11.

-1-

October General Fund 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

October YTD
Annual
% of Annual
Expenditures
Expenditures * Expenditures
11,353
33,324
34.1%
11,440
33,542
34.1%
11,687
33,453
34.9%
11,453
32,659
35.1%
11,292
34,031
33.2%

* - 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

October YTD
Expenditures
October
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
October 2014 with a 1.4% 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.
General fund criminal justice expenditures have been relatively flat for the past four years with a variance of less than 3% between the highest and lowest year. Through
October 2014, the year to date expenditures are lower than in the previous four years.

Public Safety

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

Transportation
Public Safety
October YTD
Annual
% of Annual
Expenditures
Expenditures * Expenditures
215,800
639,691
33.7%
220,931
647,049
34.1%
237,059
684,609
34.6%
238,793
699,796
34.1%
249,916
726,963
34.4%

* - 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

October YTD
Expenditures
October
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 through October 2014 are performing as expected with a
4.6% 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-

October 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

October YTD Annual
% of Annual
Expenditures Expenditures * Expenditures
13,668
38,711
35.3%
13,055
39,161
33.3%
14,528
38,161
38.1%
13,620
29,713
45.8%
14,161
39,756
35.6%

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

Better than Expected

Community
Development
Transportation
$45,000
$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
$10,000
$5,000
$5,000
$0
$0

October YTD
Expenditures
October
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
October 2014 with a 4.0% increase over the same period in the prior year. The fiscal year 2014-15 budget includes a 33.8% increase over fiscal year 2013-14 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

October YTD Annual
% of Annual
Expenditures Expenditures * Expenditures
6,948
19,458
35.7%
6,614
19,393
34.1%
6,936
19,927
34.8%
7,530
20,210
37.3%
7,153
22,241
32.2%

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

Better than Expected

$25,000
$25,000
October
OctoberYTD
YTD
Expenditures
Expenditures

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

Annual
Expenditures *
Annual
Expenditures *

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

10-11
10-11

11-12
12-13
13-14
11-12
12-13
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 October 2014 with a 5.0% 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-

October 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

October YTD Annual
% of Annual
Expenditures Expenditures * Expenditures
48,764
137,793
35.4%
49,594
140,026
35.4%
53,423
141,209
37.8%
52,141
143,665
36.3%
49,084
150,195
32.7%

* - 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

OctoberYTD
YTD
October
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 October 2014 with a 5.9% 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

October YTD Annual
% of Annual
Expenditures Expenditures * Expenditures
5,602
14,046
39.9%
5,172
15,723
32.9%
6,097
15,353
39.7%
4,084
13,748
29.7%
5,714
18,508
30.9%

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

Monitor & Consider Corrective Action

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

October 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 October 2014 are
39.9% 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.

October 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

October YTD Annual
% of Annual
Expenditures Expenditures * Expenditures
1,087,013
3,026,005
35.9%
1,062,664
2,985,410
35.6%
1,126,589
3,123,865
36.1%
1,126,637
3,054,098
36.9%
1,153,556
3,512,673
32.8%

* - 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

Better than Expected

October YTD
October YTD
Expenditures
Expenditures

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.
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 increase of 2.4% from the prior year through October 2014.

General Government

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

October YTD Annual
% of Annual
Expenditures Expenditures * Expenditures
34,422
78,047
44.1%
35,627
109,658
32.5%
35,071
114,015
30.8%
39,828
114,235
34.9%
35,893
122,878
29.2%

* - 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

October YTD
Expenditures
October 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
9.9% through October 2014 from the prior October. The decrease is primarily due to the recovery of information technology costs from the enterprise funds for the
tech plan and from the Regional Wireless Cooperative for shared site costs. The budget anticipated an increase of 7.6% for fiscal year 2014-15 over prior year
actuals.

-5-

October 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

October YTD Annual
% of Annual
Expenditures Expenditures * Expenditures
13,725
36,958
37.1%
12,375
36,305
34.1%
14,379
41,290
34.8%
14,303
40,697
35.1%
14,116
46,819
30.2%

* - 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

October YTD
Expenditures
October
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 October 2014 of 1.3% from the prior October. 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
October YTD Annual
% of Annual
Expenditures Expenditures * Expenditures
266,901
792,002
33.7%
272,271
803,367
33.9%
290,165
842,387
34.4%
288,326
842,270
34.2%
291,994
874,993
33.4%

* - 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

October YTD
Expenditures
October
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 October 2014 expenditures 1.3% higher than the prior year. The budgeted increase for fiscal year 2014-15 over prior year actuals is 3.9%.

-6-

October 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

October YTD Annual
% of Annual
Expenditures Expenditures * Expenditures
272,705
567,830
48.0%
287,458
584,429
49.2%
300,192
582,381
51.5%
298,138
573,025
52.0%
304,397
610,044
49.9%

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

Better than Expected

Transportation
Community
Development
$700,000
$600,000

October YTD
Expenditures
October
YTD
Expenditures

$500,000
$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
12-13
10-11
11-12
12-13
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 increase at October 2014 of 2.1% over the prior October. 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

October YTD Annual
% of Annual
Expenditures Expenditures * Expenditures
63,888
176,114
36.3%
61,383
192,133
31.9%
77,758
209,403
37.1%
76,048
194,542
39.1%
71,263
230,064
31.0%

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

Better than Expected

CommunityDevelopment
Enrichment
Community
$250,000
$250,000
OctoberYTD
YTD
October
Expenditures
Expenditures

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

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 decrease at October 2014 of 6.3% from the prior October. These expenditures were budgeted to increase
18.3% for fiscal year 2014-15 over prior year actuals.

-7-

October 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

October YTD Annual
% of Annual
Expenditures Expenditures * Expenditures
101,395
274,824
36.9%
97,093
272,353
35.6%
97,830
273,110
35.8%
96,409
272,326
35.4%
95,328
285,034
33.4%

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

Environmental
Services
Community Enrichment
$300,000
$300,000
OctoberYTD
YTD
October
Expenditures
Expenditures

$250,000
$250,000
$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
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 October 2014 of 1.1% from the prior October. 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

October YTD Annual
% of Annual
Expenditures Expenditures * Expenditures
194,175
572,693
33.9%
184,272
549,628
33.5%
205,179
564,051
36.4%
196,601
577,118
34.1%
191,633
616,265
31.1%

* - 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
$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

OctoberYTD
YTD
October
Expenditures
Expenditures

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 October 2014 of 2.5% from the prior October. The budgeted increase for
fiscal year 2014-15 over prior year actuals is 6.8%.

-8-

October 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

October YTD Annual
% of Annual
Expenditures Expenditures * Expenditures
64,121
196,779
32.6%
56,307
157,298
35.8%
45,465
137,208
33.1%
33,596
100,524
33.4%
44,793
148,544
30.2%

* - 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
OctoberYTD
YTD
October
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 October 2014, year to date expenditures are 33.3% higher than the prior October.

-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

$ 511,681

Discussion:

14-15 (YTD)

$

57,236

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)

14-15 (YTD)

$ 157,884

$ 332,920

$ 168,639

$ 180,571

$ 319,309

$ 151,731

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

Aviation has spent or committed $115.5 million of an
expected $126 million in fiscal year 2014-15 for the
Terminal Development Concept Design. In addition to
normal reinvestment in the infrastructure of the airport
system Aviation is planning to spend $23 million on
Terminal 4 International Expansion.

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)

$

8,386

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)

$

431

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)

$

3,961

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)

$

51,143

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
10-11
$0

$100,000

$200,000

$300,000

Through October 2014, the water system has spent or
committed $9.3 million for rehabilitation at the 24th Street
water treatment plant and $24.0 million for improvements
to the solids handling facility at the Union Hills water
treatment plant. In addition to normal reinvestment in the
infrastructure of the water system, an upgrade to the
Customer Care and Billing system costing $7 million is
planned in fiscal year 2014-15.

- 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

Oct 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

Oct YTD
Actuals
277,353
274,453
283,476
300,810
307,983

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
28.8%
28.9%
28.9%
29.3%
29.0%

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

Expected
Fiscal Year 2014-15 general fund operating revenues were budgeted to increase 3.3% over prior year actuals. Actual year over year
revenues are performing as expected with growth through October 2014 of 2.4%. 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
200,000

Secondary
149,019
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

$ 3 ,3 5 7

-

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

9 ,4 5 0

Total
279,932
222,488
194,112
179,136
12,807
188,360

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

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

Sept
1,279
1,189
904
867
816
936

Oct
18,792
13,656
11,888
11,107
12,338
11,588

14-15 YTD

14-15 budget

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

49,416

32,866

6,919

4,504

6,706

8,422

39,405

28,284

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

Better than 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 are better than expected through October 2014 with a 9.6% increase over the prior October. Property tax revenues are budgeted to increase 5.1% in fiscal year 201415 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

Corrective Action Taken
Local sales tax revenues through October 2014 are 1.9% below budget for that period. Based on the low sales tax revenue collections through October, the budget and research department has
lowered their estimate for annual local sales tax revenues by $15.5 million. Expenditures are being monitored to ensure that they do not exceed the available resources based on this new
estimate.

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

Local sales tax revenues saw a net increase from fiscal year 2012-13 to fiscal year 2013-14. However, in six of the nine reporting months since the decrease of the food tax from 2% to 1%, local
sales tax revenues have shown a year over year decline, resulting in a net year over year decrease of 1.7% for that period.

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 October 2014 are 2.0% 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 October 2014 state shared sales tax revenues were 4.6% higher than through October 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

Monitor & Consider Corrective Action
State shared vehicle license tax revenues through October 2014 are 1.4% lower 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 October 2014 were 4.7% higher than through October 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 October 2014 were better than expected at 2.3% 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. Through October 2014, aviation operating revenues
are 1.4% higher than through October 2013.

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 13.4% below budget projections through October 2014 reflecting the record setting 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

May

June

In July 2012 Water sold land in McMullen Valley for $29.7 million. Primarily due to the large amount of rainfall received in August and September 2014, year to date revenues through October 2014
are 5.4% below revenues through October 2013.

Click Here for Additional Information

- 19 -

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 October 2014 are better than expected at 2.7% 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

May

While wastewater rates have not changed since the rate decrease in July 2012, annual revenues have increased slightly each year due to account growth.

Click Here for Additional Information

- 20 -

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 October 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

$

141,689 $
188

142,890
361

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

41,674
58,395
18,131
9,450
806
2,260

39,859
53,761
17,318
9,423
839
2,430

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

5,057
232
4,627
306
2,418
375
2,179

5,508
260
3,130
319
2,357
446
1,266

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

10,234
4,001
824
5,137

10,032
3,001
562
7,048

1,060,289

- 21 -

$

307,983 $

300,810

General Fund Expenditures
As of October 31
(dollars in thousands)
Budget
Estimate
2014-15

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

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

544 $
1,141
1,120
9,332
605
887
6,399
1,107
1,040
3,158
1,092
5,729
1,391
33,545

592
1,155
1,334
12,604
891
825
6,852
1,008
1,414
3,100
1,210
6,829
1,244
39,058

29,049
4,982
34,031

9,682
1,610
11,292

9,986
1,467
11,453

471,386
255,563
14
726,963

162,106
87,799
11
249,916

155,470
83,371
(48)
238,793

Transportation
Street Transportation
Public Transit
Total Transportation

21,554
18,202
39,756

7,039
7,122
14,161

7,076
6,544
13,620

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

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

1,650
4,000
1,487
16
7,153

1,708
4,212
1,590
20
7,530

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

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

30,984
11,384
5,367
1,349
49,084

33,166
11,612
6,211
1,152
52,141

Environmental Services
Public Works
Environmental Programs
Total Environmental Services

17,663
845
18,508

5,532
182
5,714

3,819
265
4,084

2,845

374

115

-

-

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

Capital Improvement
Contingencies
Total Expenditures and Encumbrances

$

45,268
$

1,148,840

- 22 -

$

371,239 $

366,794

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 October 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

$

Total General Funds

431,320
2,541

$

142,890
361
39,859
53,761
17,318
9,423
839
2,430
5,768
3,130
319
2,357
446
1,266
13,033
562
7,048

1,060,289

307,983

300,810

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

9,820
29,684
9,755
1,185
52,801
7,116
18,321
4,999
3,812
34,312
9,735
1,218
12,989
48,086
3,357

9,357
28,956
9,269
1,228
56,626
6,201
17,952
5,248
3,751
31,484
7,760
1,966
10,557
71,353
2,260

944,825

247,190

263,968

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

108,483
16,969
158,162
72,935
49,697

106,978
15,888
167,215
71,908
49,452

1,166,153

406,246

411,441

961,419 $

976,219

Enterprise Funds
Aviation
Convention Center
Water System
Wastewater
Solid Waste

$

141,689
188
41,674
58,395
18,131
9,450
806
2,260
5,289
4,627
306
2,418
375
2,179
14,235
824
5,137

Total Special Revenue and
Debt Service Funds

Total Operating Revenues

$

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

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 Enterprise Funds

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

3,171,267

- 23 -

$

Citywide Operating Expenditures
As of October 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
$

33,545 $
2,348
35,893

39,058
770
39,828

34,031
12,788
46,819

11,292
2,824
14,116

11,453
2,850
14,303

Public Safety
General Funds
Other Funds
Total Public Safety

726,963
148,030
874,993

249,916
42,078
291,994

238,793
49,533
288,326

Transportation
General Funds
Other Funds
Total Transportation

39,756
570,288
610,044

14,161
290,236
304,397

13,620
284,518
298,138

Community Development
General Funds
Other Funds
Total Community Development

22,241
207,823
230,064

7,153
64,110
71,263

7,530
68,518
76,048

Community Enrichment
General Funds
Other Funds
Total Community Enrichment

150,195
134,839
285,034

49,084
46,244
95,328

52,141
44,268
96,409

Environmental Services
General Funds
Other Funds
Total Environmental Services

18,508
597,757
616,265

5,714
185,920
191,634

4,084
192,517
196,601

74,164
74,164

44,793
44,793

33,596
33,596

2,845
575,187
578,032

374
103,764
104,138

115
83,273
83,388

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

109,033
13,845
122,878

$

45,268
48,500
93,768

$

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

- 24 -

-

$

371,239
782,317
1,153,556 $

366,794
759,843
1,126,637

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
October 31
2014
2013

Budget
Estimate
2014-15

Source

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

General Funds
$

34,620,746
32,173

$

35,068,147
196,587

Local Taxes:
Sales Taxes
Privilege License Fees

$

431,320,000
2,541,000

$

141,689,182
188,108

$

142,890,487
361,286

34,652,919

35,264,734

Total Local Taxes

433,861,000

141,877,290

143,251,773

10,306,594
14,598,649
4,414,637

9,922,607
13,440,181
3,911,537

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

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

41,673,951
58,394,598
18,130,876

39,858,942
53,760,724
17,318,080

29,319,880

27,274,325

364,948,000

118,199,425

110,937,746

9,008,803

8,891,959

Primary Property Tax

137,956,000

9,450,111

9,422,590

133,359

168,492

Licenses and Permits

2,833,000

805,561

839,340

2,256,975

2,432,106

Cable Communications

9,495,000

2,260,237

2,430,105

1,259,968
58,845

1,329,435
62,961

Municipal Court:
Fines and Forfeitures
Court Default Fee

17,721,789
1,015,000

5,056,958
232,405

5,507,991
260,456

1,318,813

1,392,396

18,736,789

5,289,363

5,768,447

1,283,428

1,094,415

13,487,000

4,627,291

3,129,443

23,849

67,993

Library Fees

1,025,000

305,626

318,877

713,451

510,253

Parks and Recreation

7,361,300

2,417,593

2,357,340

85,310

104,655

Planning and Development

1,431,400

375,508

445,471

730,382

514,976

Street Transportation

3,928,108

2,178,853

1,265,653

3,029,720
58,600
1,602,505

2,099,489
50,150
282,920

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

10,233,813
245,359
3,755,954

10,031,964
192,225
2,808,709

4,690,825

2,432,559

46,095,773

14,235,126

13,032,898

206,785

249,934

1,800,000

824,359

562,012

2,241,771

2,376,402

17,330,894

5,136,514

7,048,420

86,666,550

82,775,199

1,060,289,264

307,982,857

300,810,115

Total State Shared Taxes

Total Municipal Court
Police

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

- 25 -

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

Budget
Estimate
2014-15

Source

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

Special Revenue and Debt Service Funds
$

1,664,135
118,867
594,334
59,836

$

1,577,272
112,663
563,310
7,244

2,437,172

2,260,489

5,378,419
1,916,064
(21,571)

5,221,533
1,891,957
(8,801)

7,272,912

7,104,689

2,400,008

2,268,647

183,631
12,113
128,565
(3,547)
1,942

218,665
5,243
169,044
(5,068)
6,562

322,704

394,446

8,576,663
3,325,570

9,012,983
5,863,710

11,902,233

14,876,693

-

-

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

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

Transit 2000:
Sales Taxes
Interest/Other
Total Transit 2000
Court Awards

6,772,431
483,745
2,418,725
145,221

$

6,441,805
460,129
2,300,644
154,536

31,135,000

9,820,122

9,357,114

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

21,918,853
7,816,455
(51,655)

21,285,525
7,702,534
(32,020)

88,345,500

29,683,653

28,956,039

31,337,000

9,755,470

9,269,050

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

Total Golf Courses

$

670,721
31,688
504,540
(11,773)
(10,093)

682,736
19,704
549,357
(17,762)
(5,953)

8,715,692

1,185,083

1,228,082

115,177,000
52,021,458

34,911,955
17,888,970

36,810,315
19,815,648

167,198,458

52,800,925

56,625,963

4,385,818

7,115,640

6,200,633

3,332,913

3,088,508

Planning and Development

42,783,000

18,321,099

17,952,261

1,215,131

1,298,619

Capital Construction

15,470,000

4,998,913

5,247,835

1,004,341
11,576

993,105
10,908

Sports Facilities:
Sales Taxes
Interest/Other

16,451,000
250,000

3,763,156
49,149

3,705,036
46,025

1,015,917

1,004,013

16,701,000

3,812,305

3,751,061

Total Sports Facilities

- 26 -

Citywide Operating Revenue by Source (continued)
For the Month Ended
October 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

8,220,797
30,595
2,797

7,613,389
18,527
222,175

8,254,189

7,854,091

2,754,239

1,459,870

40,019

332,585

8,501,359

4,912,671

Other Restricted Fees

575,928
3,738,926
284,720

Grants:
Public Housing:
Rentals
Grants
Other

575,759
5,584,107
413,476

$

6,573,342

4,599,574

3,280,395
3,129,343
34,140
3,338,770

2,342,948
454,345
69,599
4,461,295

9,782,648

7,328,187

16,355,990

11,927,761

3,329,451
-

2,214,792
397

3,329,451

2,215,189

69,134,237

60,998,271

106,383,000
200,000
200,000

34,054,878
104,088
152,949

31,149,747
63,226
271,173

106,783,000

34,311,915

31,484,146

Regional Transit Revenues

46,596,781

9,734,647

7,760,012

Community Reinvestment

2,608,664

1,218,067

1,966,038

44,684,752

12,988,929

10,556,477

Total Highway User Revenue

$

Total Public Housing

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

$

2,155,586
20,562,595
586,158

$

2,140,950
16,882,433
1,854,460

86,325,871

23,304,339

20,877,843

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

7,351,687
1,974,554
4,876,510
10,578,414

7,370,605
22,032,283
4,950,716
16,121,759

Total Other

196,420,918

24,781,165

50,475,363

Total Grants

282,746,789

48,085,504

71,353,206

50,404,017
4,928,832

3,357,292
177

2,261,455
(1,595)

55,332,849

3,357,469

2,259,860

944,824,303

247,189,741

263,967,777

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

33,718,060
71,641,600
224,852
1,091,411
716,475
974,780
115,438

322,352,500

108,482,616

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
Enterprise Funds
AVIATION:

8,050,069
17,581,060
23,541
403,578
183,575
234,213
13,068

8,233,067
17,628,399
(63,290)
184,906
151,577
244,177
126,430

26,489,104

26,505,266

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

- 27 -

33,864,230
70,236,798
278,313
940,799
687,322
979,795
(8,918)
106,978,339

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

Budget
Estimate
2014-15

Source

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

Enterprise Funds (Cont'd)
CONVENTION CENTER:
3,271,468
1,002,670
26,001

3,168,188
969,920
20,442

4,300,139

4,158,550

Excise Taxes
Operating Revenue
Interest
Total Convention Center

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

13,280,983
3,601,702
85,991

12,543,680
3,274,949
68,966

63,497,055

16,968,676

15,887,595

WATER SYSTEM:
$

28,714,626
507,188
430,508
598,681
98,820
251,070
248

$

30,601,141

32,736,778
581,525
293,454
480,144
137,100
191,286
496,680
34,916,967

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

$

149,780,816
1,821,469
2,048,313
2,594,165
623,820
872,950
420,705

$

158,804,821
2,134,983
1,736,056
1,915,022
677,400
625,515
1,321,375

415,361,000

158,162,238

167,215,172

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

60,933,037
6,492,533
586,620
456,549
4,466,207

60,496,954
6,343,203
639,600
393,284
4,034,708

214,792,000

72,934,946

71,907,749

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

42,555,197
2,933,648
160,330
4,048,337

42,218,425
3,058,869
121,175
4,053,750

150,150,446

49,697,512

49,452,219

1,166,153,001

406,245,988

411,441,074

WASTEWATER:
15,175,351
1,521,548
87,420
134,032
835,452

15,110,130
1,513,997
133,200
117,186
923,549

17,753,803

17,798,062

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

$

10,643,157
750,869
45,296
1,043,986

10,555,487
913,462
30,190
1,007,532

12,483,308

12,506,671

91,627,495

95,885,516

247,428,282

$

239,658,986

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

$

- 28 -

3,171,266,568

$

961,418,586

$

976,218,966

Citywide Operating Expenditures by Program
For the Month Ended
October 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
$

139,861 $
281,031
279,048
6,645,464
135,688
185,209
334,477
1,902,113
161,254
267,305
78,405
1,002,413
181,113
6,231
292,033
1,564,620
(4,829,775)
8,626,490

141,426
278,357
570,676
2,545,862
216,737
221,738
218,231
1,796,346
131,337
356,113
66,081
920,978
25,757
6,240
271,045
1,807,317
(2,616,321)
6,957,920

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

$

543,910
1,140,693
1,054,708
10,097,846
444,199
749,012
1,020,296
6,726,881
1,107,091
1,039,881
321,707
3,707,066
613,748
26,616
1,092,128
6,623,639
(416,029)

$

592,364
1,154,813
1,439,943
13,312,936
558,483
990,067
960,279
7,189,260
1,008,498
1,414,070
615,868
3,443,202
41,464
28,452
1,209,566
8,060,158
(2,191,126)

$

543,910
1,140,693
1,054,708
9,569,773
444,199
749,012
1,020,296
6,726,881
1,107,091
1,039,881
321,707
3,324,056
613,748
26,616
1,092,128
6,569,995
(416,029)

$

528,073
383,010
53,644
-

122,877,786

35,893,392

39,828,297

34,928,665

964,727

41,837,569
4,981,585

12,506,170
1,610,063

12,835,267
1,467,281

10,339,648
1,610,063

2,166,522
-

46,819,154

14,116,233

14,302,548

11,949,711

2,166,522

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

191,683,871
100,132,709
177,613

191,139,240
97,069,298
117,510

189,370,140
98,930,152
177,613

2,313,731
1,202,557
-

874,992,554

291,994,193

288,326,048

288,477,905

3,516,288

Criminal Justice
3,057,957
405,080

2,903,465
360,082

3,463,037

3,263,547

Municipal Court
Public Defender
Total Criminal Justice
Public Safety

45,305,967
24,634,600
54,579

48,145,281
24,387,944
(30,272)

69,995,146

72,502,953

Police
Fire
Other
Total Public Safety

- 29 -

Citywide Operating Expenditures by Program (continued)
For the Month Ended
October 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
$

5,587,080
972,534
26,832,874
6,975,700
40,368,188

$

4,816,258
847,008
23,173,510
6,324,495
35,161,271

Street Transportation
Street Lighting
Aviation
Public Transit
Total Transportation

$

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

$

20,319,491
3,878,747
92,756,402
187,442,577

$

20,027,007
3,680,289
90,740,511
183,690,204

$

20,279,868
3,878,747
75,962,485
168,455,191

$

39,623
16,793,917
18,987,386

610,044,034

304,397,217

298,138,011

268,576,291

35,820,926

Community Development
3,247,838
2,385,860
4,685,698
3,302,577

3,472,724
6,247,528
4,442,015
5,626,722

Planning and Development
Housing
Economic Development
Neighborhood Services Department

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

13,390,390
27,208,816
19,056,941
11,606,802

13,036,169
26,587,875
18,408,696
18,015,003

13,390,390
27,183,619
7,606,546
11,606,802

25,197
11,450,395
-

13,621,973

19,788,989

Total Community Development

230,064,068

71,262,949

76,047,743

59,787,357

11,475,592

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

33,878,935
11,527,957
2,476,822
24,470,211
3,686,580
17,147,183
1,158,405
982,136

35,464,625
11,848,273
2,469,408
23,564,591
3,644,903
17,424,161
1,183,172
809,644

33,239,284
11,527,957
2,476,822
18,274,527
17,049,364
1,158,405
982,136

639,651
6,195,684
3,686,580
97,819
-

285,034,191

95,328,229

96,408,777

84,708,495

10,619,734

Community Enrichment
7,808,388
3,637,812
571,499
11,592,102
920,389
4,829,730
329,427
100,739
29,790,086

8,004,608
2,729,729
643,820
3,572,159
910,103
4,845,463
410,599
(59,137)
21,057,344

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
October 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
$

29,173,054 $
11,432,658
11,204,985
2,612,041
(350,265)

26,683,012
11,284,412
14,081,447
1,286,922
122,796

54,072,473

53,458,589

Water System
Wastewater
Solid Waste Management
Public Works
Environmental Programs

$

Total Environmental Services

371,308,322
75,410,036
146,831,385
21,384,796
1,330,589

$

616,265,128

102,470,111
41,792,080
39,733,406
7,681,997
(44,692)

$

100,794,857
46,643,672
42,918,167
5,742,011
502,552

$

63,798,490
23,389,901
35,389,131
5,546,803
(44,692)

$

128,079,633

38,671,621
18,402,179
4,344,275
2,135,194
-

191,632,902

196,601,259

63,553,269

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

69,971
3,799,542
8,712,165
291,345
2,044,030
228,561
4,007,480
674,488
2,457,201
2,569,836
418,794
3,638,469
16,704
3,294,480
1,227,670
949,703
125,970
914,063
4,010,707
2,942,886
2,130
2,396,762

288,735
3,036,992
2,808,832
112,511
1,538,051
230,222
1,627,879
209,488
2,400,935
2,595,069
391,137
4,830,763
16,733
2,421,392
426,369
955,071
2,200
312,692
5,161,839
1,826,633
2,271
2,399,699

-

69,971
3,799,542
8,712,165
291,345
2,044,030
228,561
4,007,480
674,488
2,457,201
2,569,836
418,794
3,638,469
16,704
3,294,480
1,227,670
949,703
125,970
914,063
4,010,707
2,942,886
2,130
2,396,762

General Obligation Debt Service
17,493
949,885
2,178,041
72,836
511,007
57,140
1,001,870
168,622
614,300
642,459
104,698
909,617
4,176
823,620
306,918
237,426
7
228,516
1,002,677
735,722
533
-

72,184
759,248
702,208
28,127
384,513
57,556
406,970
52,372
600,233
648,767
97,784
1,207,691
4,183
605,348
106,592
238,768
78,173
1,290,459
456,659
568
599,765

10,567,563

8,398,168

Total Debt Service

74,164,415

44,792,957

33,595,513

-

44,792,957

38,124,336

30,425,764

Capital Improvement

578,031,992

104,137,987

83,388,575

-

104,137,987

$

268,629,292

$

251,014,545

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 -

1,153,556,059

$

1,126,636,771

$

876,508,057

$

277,048,002

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
12,450,845
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

1,388 $
755,638
535,455
1,705,654
1,700,689
311,449
3,804
1,203,475
11,592
8,346,005
306,362
106,013
6,558,624
271,592
7,470,333
108,521
27,839,574

389,376
731,941
2,438,873
1,699,553
3,700,000
1,239,175
121,158
5,465,984
464,690
8,119,789
22,941
372,433
4,561,529
4,523,680
8,034,665
23,340
44,501,463

Total Capital Improvement Program $

511,680,654 $

57,236,168 $

86,410,590

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

$

1,228,240,486

$

$

151,731,161
8,386,257
430,838
3,960,516
51,143,125
215,651,897

$

272,888,065

$

$

59,042,398
7,384,986
98,237
5,577,638
17,174,893
89,278,152

$

175,688,742

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

$

$

51,574 $
8,381,140
1,200,000
5,300,845
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

1,335
755,125
535,455
1,187,082
935,379
555,452
3,175
81
80,466
6,185,394
38,916
7,310,641
23,902,475

263,277,506 $

41,490,976

$

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

$

578,031,992

- 32 -

$

$

6,532,277
1,569,924
156,412
4,278,270
50,110,128
62,647,011

$

104,137,987

$

$

$

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

53
513
518,572
765,310
311,449
3,804
648,023
8,417
8,346,005
306,281
25,547
373,230
232,676
159,692
108,521
3,937,099

248,403,148 $

15,745,192

$

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

$

650,208,494

Unencumbered
Budget

Actual

$

$

1,124,186
7,790,328
664,545
10,745,191
736,032
11,433,474
1,402,538
35,369,003
597,408
41,502,465
1,170,120
6,244,439
66,689,378
2,978,733
116,166,289
17,849,123
131,981,234

$

454,444,486

$

145,198,884
6,816,333
274,426
(317,754)
1,032,997
153,004,886

$

$

167,578,074
17,931,110
36,119,159
127,261,167
152,018,425
500,907,935

$

168,750,078

$

955,352,421

Bonds Authorized and Sold
As of October 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

Sept
33,087
33,371
34,254
35,873
35,290
36,183

Oct

Nov

Oct
32,143
34,746
33,337
35,068
34,621
35,841

Dec

YTD thru
Oct
130,061
136,231
135,872
142,890
141,689
144,391

Jan

Feb

Mar

Apr

May

June

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

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.

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- 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

Oct

Sept
8,684
8,993
9,240
10,012
10,552
10,610

Nov

Oct
8,642
9,177
9,229
9,923
10,307
10,622

YTD thru
Oct
35,357
35,705
37,131
39,859
41,674
42,536

Dec

Jan

Feb

Mar

Apr

May

June

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

10,601

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.

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- 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

Sept
3,722
3,842
3,852
3,992
3,749
4,296

Nov

Oct
4,018
3,669
3,535
3,912
4,415
4,220

Dec

YTD thru
Oct
17,098
15,691
15,863
17,318
18,131
18,394

Jan

Feb

Mar

Apr

May

June

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

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.

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- 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

Sept
26,824
27,570
28,144
26,677
27,855
26,087

Nov

Oct
38,540
26,280
30,124
26,505
26,489
29,009

Dec

YTD thru
Oct
118,334
105,881
112,580
106,978
108,483
105,998

Jan

Feb

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

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

22,510

26,948

Mar

Apr

May

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

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.

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- A4 -

June

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

13-14 Actuals

55,000

14-15 Actuals

50,000

Budget 14-15

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

Sept
39,640
47,230
42,446
41,144
36,711
46,550

Nov

Oct
30,588
35,860
34,197
34,917
30,601
36,860

Dec

YTD thru
Oct
158,693
176,291
198,479
167,215
158,162
182,616

Jan

Feb

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

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

33,299

23,429

Mar

Apr

May

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

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.

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- A5 -

June

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

Sept
20,379
19,500
17,930
18,224
18,337
17,979

Nov

Oct
18,860
19,161
17,684
17,798
17,754
17,652

Dec

YTD thru
Oct
77,936
76,753
71,218
71,908
72,935
71,031

Jan

Feb

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

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

21,868

17,564

Mar

Apr

May

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

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 -

June