December 2014
Monthly Financial Report

PREPARED BY
Financial Accounting & Reporting Division

City of Phoenix

Monthly Financial Report
December 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

Better than Expected

be taken directly to that page of the report.

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

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
General Fund Total Operating Revenue

Page
13

Performance Status
Monitor & Consider Corrective Action

Property Tax

14

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

Monitor & Consider Corrective Action

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.

December 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

December YTD Annual
% of Annual
Expenditures
Expenditures * Expenditures
497,255
954,795
52.1%
511,695
995,771
51.4%
534,953
1,038,092
51.5%
537,686
1,042,102
51.6%
540,413
1,103,572
49.0%

$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

December YTD
December 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
December 2014, general fund expenditures are performing better than expected as year to date expenditures are 0.5% higher than through December 2013.

General Government

Criminal
Justice
General
Government

December YTD Annual
% of Annual
Expenditures
Expenditures * Expenditures
48,049
70,650
68.0%
52,515
98,577
53.3%
54,085
102,211
52.9%
56,460
100,400
56.2%
50,643
109,033
46.4%

$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

December YTD
Expenditures
December 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 December 2014 with
a 10.3% 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 December 2014 are at their lowest level since fiscal year 2010-11.

-1-

December 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

December YTD Annual
% of Annual
Expenditures
Expenditures * Expenditures
17,048
33,324
51.2%
17,047
33,542
50.8%
17,366
33,453
51.9%
17,057
32,659
52.2%
16,331
34,031
48.0%

* - 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

December YTD
Expenditures
December
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 December
2014 with a 4.3% 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
December 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
December YTD Annual
% of Annual
Expenditures
Expenditures * Expenditures
325,215
639,691
50.8%
329,623
647,049
50.9%
345,801
684,609
50.5%
354,239
699,796
50.6%
363,684
726,963
50.0%

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

Better than 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

December YTD
Expenditures
December
YTD
Expenditures

10-11

11-12

12-13

13-14

14-15

Annual
Expenditures *
Annual
Expenditures *

$0
10-11

11-12

12-13

13-14

Public safety expenditures include costs for police and fire services. General fund public safety expenditures through December 2014 are better than expected with a 2.7%
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.
Although there have been staffing reductions in both police and fire, general fund public safety expenditures have increased each of the last five years as the savings realized
by the staff level reductions have been applied to the special revenue funds for public safety dedicated sales taxes.

- 2-

December 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

December YTD Annual
% of Annual
Expenditures
Expenditures * Expenditures
21,008
38,711
54.3%
21,170
39,161
54.1%
20,815
38,161
54.5%
16,898
29,713
56.9%
19,079
39,756
48.0%

* - 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

December YTD
Expenditures
December
YTD
Expenditures

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 public transit and street maintenance and repair. General fund transportation expenditures are better than expected through
December 2014 with an 12.9% 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. Even with the restoration of the General Fund support for Public Transit, year to date expenditures through December are lower in fiscal year
2014-15 than in fiscal years 2010-11, 2011-12 or 2012-13.

Community Development
Community Enrichment

Community Development

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

December YTD Annual
% of Annual
Expenditures
Expenditures * Expenditures
10,431
19,458
53.6%
10,102
19,393
52.1%
10,423
19,927
52.3%
11,060
20,210
54.7%
10,333
22,241
46.5%

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

Better than Expected

$25,000
$25,000
December
DecemberYTD
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
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 December 2014 with a 6.6% 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-

December 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

December YTD Annual
% of Annual
Expenditures
Expenditures * Expenditures
69,487
137,793
50.4%
71,558
140,026
51.1%
75,194
141,209
53.3%
75,321
143,665
52.4%
70,388
150,195
46.9%

* - 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

DecemberYTD
YTD
December
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 December 2014 with a 6.5% 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.
Through December 2014, general fund community enrichment year to date expenditures are at their lowest level since fiscal year 2010-11. Right sourcing efforts have
resulted in decreased personnel costs partially offset by increased contractual costs over the last few years.

Environmental
Total GeneralServices
Fund

Environmental Services

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

December YTD Annual
% of Annual
Expenditures
Expenditures * Expenditures
5,745
14,046
40.9%
7,910
15,723
50.3%
10,375
15,353
67.6%
6,196
13,748
45.1%
9,367
18,508
50.6%

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

Monitor & Consider Corrective Action

$20,000
$18,000
$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

December YTD
Expenditures

Annual
Expenditures *

10-11
10-11

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

14-15
13-14

Environmental service expenditures include costs for maintaining and operating city facilities. General Fund environmental services expenditures through December 2014
are 51.2% 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
resulting from a decrease in equipment maintenance requests from the operating departments. The fiscal year 2014-15 budget includes a 34.6% increase over fiscal year
2013-14 actuals.
Historically, the timing of the general fund environmental service expenditures has fluctuated much more than the annual total expenditures. This can lead to large year
over year variances in year to date expenditures through the earlier portions of the year.

-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.

December 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

December YTD Annual
% of Annual
Expenditures Expenditures * Expenditures
1,562,698
3,026,005
51.6%
1,549,794
2,985,410
51.9%
1,590,682
3,123,865
50.9%
1,592,454
3,054,098
52.1%
1,604,689
3,512,673
45.7%

* - 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

December YTD
December 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% over prior year actuals in total operating expenditures.
Actual expenditures are better than expected with a year to date increase of 0.8% from the prior year through December 2014.

General Government

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

December YTD Annual
% of Annual
Expenditures Expenditures * Expenditures
52,122
78,047
66.8%
55,047
109,658
50.2%
57,297
114,015
50.3%
60,213
114,235
52.7%
56,573
122,878
46.0%

* - 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

December YTD
Expenditures
December 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
6.0% through December 2014 from the prior December. 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-

December 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

December YTD Annual
% of Annual
Expenditures Expenditures * Expenditures
20,723
36,958
56.1%
18,680
36,305
51.5%
21,376
41,290
51.8%
21,205
40,697
52.1%
20,525
46,819
43.8%

* - 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

December YTD
Expenditures
December
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 December 2014 of 3.2% from the prior December. 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
December YTD Annual
% of Annual
Expenditures Expenditures * Expenditures
404,910
792,002
51.1%
407,005
803,367
50.7%
425,940
842,387
50.6%
427,073
842,270
50.7%
427,334
874,993
48.8%

* - 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

December YTD
Expenditures
December
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 December 2014 expenditures 0.1% higher than the prior year. The budgeted increase for fiscal year 2014-15 over prior year actuals is 3.9%.

-6-

December 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

December
YTD
Annual
% of Annual
Expenditures Expenditures * Expenditures
343,686
567,830
60.5%
355,375
584,429
60.8%
363,316
582,381
62.4%
367,552
573,025
64.1%
372,555
610,044
61.1%

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

Better than Expected

Transportation
Community
Development
$700,000
$600,000

December YTD
Expenditures
December
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 December 2014 of 1.4% over the prior December. 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

December
YTD
Annual
% of Annual
Expenditures Expenditures * Expenditures
92,286
176,114
52.4%
97,475
192,133
50.7%
114,172
209,403
54.5%
106,934
194,542
55.0%
102,101
230,064
44.4%

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

Better than Expected

CommunityDevelopment
Enrichment
Community
$250,000
$250,000
DecemberYTD
YTD
December
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 December 2014 of 4.5% from the prior December. These expenditures were budgeted to
increase 18.3% for fiscal year 2014-15 over prior year actuals.

-7-

December 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

December
YTD
Annual
% of Annual
Expenditures Expenditures * Expenditures
144,080
274,824
52.4%
141,249
272,353
51.9%
140,156
273,110
51.3%
140,929
272,326
51.8%
136,717
285,034
48.0%

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

Environmental
Services
Community Enrichment
$300,000
$300,000
DecemberYTD
YTD
December
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 December 2014 of 3.0% from the prior December. 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

December
YTD
Annual
% of Annual
Expenditures Expenditures * Expenditures
289,889
572,693
50.6%
280,572
549,628
51.0%
293,589
564,051
52.1%
290,538
577,118
50.3%
281,419
616,265
45.7%

* - 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

DecemberYTD
YTD
December
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 December 2014 of 3.1% from the prior December. The budgeted increase
for fiscal year 2014-15 over prior year actuals is 6.8%.

-8-

December 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

December YTD Annual
% of Annual
Expenditures Expenditures * Expenditures
96,376
196,779
49.0%
84,459
157,298
53.7%
68,901
137,208
50.2%
50,392
100,524
50.1%
67,358
148,544
45.3%

* - 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
DecemberYTD
YTD
December
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 December 2014, year to date expenditures are 33.7% higher than the prior December.

-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)

$

84,272

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

$ 170,412

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 $116.6 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)

$

12,955

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)

$

1,019

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)

$

6,324

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

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

$

61,211

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 December 2014, the water system has spent or
committed $9.3 million for rehabilitation at the 24th Street
water treatment plant and $24.1 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

Dec 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

Dec YTD
Actuals
470,518
459,135
477,901
505,704
513,176

11-12

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

12-13

13-14

14-15

% of Annual
Revenues
48.9%
48.4%
48.7%
49.3%
48.4%

* - 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
revenues are through December 2014 are 1.5% higher than the same period in the prior year. 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

128,054

132,101

143,931

150,000

50,404

100,000
130,913

50,000

Primary

24,931

137,956

69,564

10-11

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

Total
279,932
222,488
194,112
179,136
94,495
188,360

11-12

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

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

12-13

Sept
1,279
1,189
904
867
816
936

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

13-14

Nov
85,251
55,555
54,091
46,645
63,660
49,416

Dec
34,444
40,845
31,075
32,028
18,028
32,866

14-15 YTD

14-15 budget

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

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

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 0.4 % higher than budget expectations through December 2014. This corresponds to a 4.6% increase over year to date revenues through December 2013.

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
42,000
40,000
38,000
36,000
14-15 Actuals

34,000

14-15 budget

32,000
30,000
28,000
July

Aug

Sept

Oct

Nov

Dec

Jan

Feb

Mar

Apr

May

June

Corrective Action Taken
Local sales tax revenues through December 2014 are 1.7% below budget for that period. In October 2014 the budget and research department 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

December 2014 local sales tax revenues increased 8.0% over December 2013. This was the largest year over year monthly increase since January 2014.

Click Here for Additional Information

- 15 -

June

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 December 2014 are 2.1% 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 December 2014 state shared sales tax revenues were 4.7% higher than through December 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 December 2014 are 1.8% 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 December 2014 were 4.1% higher than through December 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 December 2014 were better than expected at 5.5% 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 December 2014, aviation operating revenues
are 2.2% higher than through December 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 10.2% below budget projections through December 2014 reflecting the record setting rainfall received in the 2014 monsoon. December was the first month of fiscal year 2014-15
where the revenues exceeded budget expectations.

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 December
2014 are 4.2% below revenues through December 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

Monitor & Consider Corrective Action
Wastewater revenues through December 2014 are 1.6% lower 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

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 December 31
(dollars in thousands)
Actual
Year-to-Date
2014-15
2013-14

Budget
Estimate
2014-15
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

$

$

- 21 -

431,320
2,541

$

209,784 $
1,644

209,728
1,696

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

62,664
87,592
26,185
69,564
1,408
2,260

59,827
80,641
25,148
72,692
1,367
2,430

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

7,344
331
7,288
455
3,351
591
2,649

7,887
371
5,521
493
3,785
674
1,921

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

15,297
6,364
1,289
7,116

15,802
6,181
846
8,694

1,060,289

$

513,176 $

505,704

General Fund Expenditures
As of December 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

778 $
1,688
1,721
14,630
963
1,244
9,421
1,404
1,686
4,633
1,504
8,799
2,172
50,643

874
1,675
832
18,608
1,273
1,163
10,152
1,469
2,215
4,675
1,777
10,164
1,583
56,460

29,049
4,982
34,031

13,851
2,480
16,331

14,770
2,287
17,057

471,386
255,563
14
726,963

235,921
127,818
(55)
363,684

229,657
124,628
(46)
354,239

Transportation
Street Transportation
Public Transit
Total Transportation

21,554
18,202
39,756

9,251
9,828
19,079

10,422
6,476
16,898

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

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

2,297
5,907
2,105
24
10,333

2,425
6,220
2,391
24
11,060

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

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

43,988
17,015
7,746
1,639
70,388

46,751
17,742
9,453
1,375
75,321

Environmental Services
Public Works
Environmental Programs
Total Environmental Services

17,663
845
18,508

9,058
309
9,367

5,838
358
6,196

2,845

588

455

-

-

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 -

$

540,413 $

537,686

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 December 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

$

209,728
1,696
59,827
80,641
25,148
72,692
1,367
2,430
8,258
5,521
493
3,785
674
1,921
21,983
846
8,694

1,060,289

513,176

505,704

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

14,800
43,515
14,808
2,354
79,167
7,774
25,172
7,415
6,673
51,785
14,878
2,430
17,192
82,778
27,289

14,114
42,025
14,051
2,331
83,705
6,201
23,944
7,766
6,567
47,387
12,455
2,335
15,869
118,525
20,027

944,825

398,030

417,302

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

163,946
28,399
214,865
108,740
75,231

160,372
25,281
224,316
110,123
73,619

1,166,153

591,181

593,711

Enterprise Funds
Aviation
Convention Center
Water System
Wastewater
Solid Waste

$

209,784
1,644
62,664
87,592
26,185
69,564
1,408
2,260
7,675
7,288
455
3,351
591
2,649
21,661
1,289
7,116

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 -

$

1,502,387 $

1,516,717

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

Source
General Governmen
General Funds
Other Funds
Total General Governmen

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

Budget
2014-15
$

50,643 $
5,930
56,573

56,460
3,753
60,213

34,031
12,788
46,819

16,331
4,194
20,525

17,057
4,148
21,205

Public Safety
General Funds
Other Funds
Total Public Safety

726,963
148,030
874,993

363,684
63,650
427,334

354,239
72,834
427,073

Transportation
General Funds
Other Funds
Total Transportation

39,756
570,288
610,044

19,079
353,476
372,555

16,898
350,654
367,552

Community Developmen
General Funds
Other Funds
Total Community Developmen

22,241
207,823
230,064

10,333
91,768
102,101

11,060
95,874
106,934

Community Enrichment
General Funds
Other Funds
Total Community Enrichment

150,195
134,839
285,034

70,388
66,329
136,717

75,321
65,608
140,929

Environmental Services
General Funds
Other Funds
Total Environmental Services

18,508
597,757
616,265

9,367
272,052
281,419

6,196
284,342
290,538

74,164
74,164

67,358
67,358

50,392
50,392

2,845
575,187
578,032

588
139,519
140,107

455
127,163
127,618

Criminal Justice
General Funds
Other Funds
Total Criminal Justice

Debt Service
General Funds
Other Funds
Total Debt Service
Capital Improvemen
General Funds
Other Funds
Total Capital Improvemen
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 -

540,413
1,064,276
1,604,689 $

-

537,686
1,054,768
1,592,454

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
December 31
2014
2013

Budget
Estimate
2014-15

Source

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

General Funds
$

35,062,038
1,178,865

$

32,474,122
1,033,017

Local Taxes:
Sales Taxes
Privilege License Fees

$

431,320,000
2,541,000

$

209,783,721
1,644,054

$

209,727,516
1,696,236

36,240,903

33,507,139

Total Local Taxes

433,861,000

211,427,775

211,423,752

10,694,789
14,598,649
3,856,757

10,296,016
13,440,181
3,872,345

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

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

62,664,200
87,591,897
26,185,323

59,827,486
80,641,086
25,148,234

29,150,195

27,608,542

364,948,000

176,441,420

165,616,806

13,440,699

25,693,590

Primary Property Tax

137,956,000

69,564,060

72,691,997

438,257

387,676

Licenses and Permits

2,833,000

1,408,313

1,367,279

Cable Communications

9,495,000

2,260,237

2,430,105

Municipal Court:
Fines and Forfeitures
Court Default Fee

17,721,789
1,015,000

7,343,412
331,338

7,886,663
371,104

18,736,789

7,674,750

8,257,767

13,487,000

7,287,434

5,521,445

-

-

Total State Shared Taxes

1,226,132
50,578

1,158,148
57,567

1,276,710

1,215,715

1,413,158

1,285,858

99,400

114,808

Library Fees

1,025,000

455,053

492,530

807,778

923,854

Parks and Recreation

7,361,300

3,351,252

3,784,720

106,269

123,043

Planning and Development

1,431,400

590,886

674,145

317,213

427,700

Street Transportation

3,928,108

2,649,264

1,921,120

2,793,968
47,850
2,187,818

3,129,675
52,675
868,448

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

15,296,896
366,109
5,998,221

15,802,035
311,000
5,869,948

5,029,636

4,050,798

46,095,773

21,661,226

21,982,983

244,216

129,115

1,800,000

1,289,169

845,778

798,076

1,651,664

17,330,894

7,115,654

8,693,889

89,362,510

97,119,502

1,060,289,264

513,176,493

505,704,316

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
December 31
2014
2013

Budget
Estimate
2014-15

Source

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

Special Revenue and Debt Service Funds
$

1,833,698
130,979
654,892
37,389

$

1,670,964
119,354
596,773
1,333

2,656,958

2,388,424

5,247,618
1,695,251
(10,190)

4,791,629
1,550,752
(10,340)

6,932,679

6,332,041

2,726,476

2,404,872

350,847
11,221
168,874
(3,625)
4,669

374,397
5,682
170,103
(5,796)
9,155

531,986

553,541

9,506,889
5,059,321

9,548,368
4,937,079

14,566,210

14,485,447

355,309

-

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

$

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

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

$

10,220,081
730,006
3,650,029
199,259

$

9,765,327
697,523
3,487,617
163,244

31,135,000

14,799,375

14,113,711

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

32,279,654
11,306,918
(71,517)

31,110,147
10,967,238
(52,477)

88,345,500

43,515,055

42,024,908

31,337,000

14,808,285

14,050,705

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

1,424,710
41,404
893,879
(18,736)
12,904

1,429,412
31,147
891,329
(28,930)
8,080

8,715,692

2,354,161

2,331,038

115,177,000
52,021,458

52,713,066
26,454,072

55,801,868
27,903,199

167,198,458

79,167,138

83,705,067

4,385,818

7,774,164

6,200,633

3,267,406

2,966,817

Planning and Development

42,783,000

25,172,041

23,943,707

1,179,367

1,258,825

Capital Construction

15,470,000

7,415,044

7,766,579

1,346,063
10,704

1,289,294
10,514

Sports Facilities:
Sales Taxes
Interest/Other

16,451,000
250,000

6,480,750
192,339

6,367,409
199,907

1,356,767

1,299,808

16,701,000

6,673,089

6,567,316

Total Sports Facilities

- 26 -

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

8,871,925
29,412
301

8,175,346
20,604
735

8,901,638

8,196,685

2,619,460

2,095,813

73,084

343,249

3,306,316

1,913,235

Other Restricted Fees

521,665
5,888,210
(394,628)

Grants:
Public Housing:
Rentals
Grants
Other

622,563
5,997,406
303,208

$

6,923,177

6,015,247

3,350,373
1,924,377
2,066,886
3,244,004

4,389,354
1,605,244
1,570,836
6,133,828

10,585,640

13,699,262

17,508,817

19,714,509

4,586,836
2,358,116

6,333,926
2,360,526

6,944,952

8,694,452

72,927,425

72,647,718

106,383,000
200,000
200,000

51,472,396
161,401
151,472

46,955,536
103,538
328,058

106,783,000

51,785,269

47,387,132

Regional Transit Revenues

46,596,781

14,878,082

12,455,343

Community Reinvestment

2,608,664

2,430,186

2,335,171

44,684,752

17,192,117

15,868,738

Total Highway User Revenue

$

Total Public Housing

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

$

3,303,112
32,141,543
968,837

$

3,179,603
31,446,766
2,367,021

86,325,871

36,413,492

36,993,390

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

14,361,779
5,205,581
10,206,815
16,589,888

14,967,969
27,904,907
11,426,225
27,232,180

Total Other

196,420,918

46,364,063

81,531,281

Total Grants

282,746,789

82,777,555

118,524,671

50,404,017
4,928,832

24,930,611
2,358,293

17,664,659
2,361,965

55,332,849

27,288,904

20,026,624

944,824,303

398,030,465

417,301,343

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

51,004,726
109,393,790
327,233
484,252
1,100,642
1,470,839
164,838

51,105,094
104,556,687
457,392
1,727,409
1,047,302
1,477,013
768

322,352,500

163,946,320

160,371,665

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:

8,587,402
19,507,932
79,056
(783,831)
195,416
248,510
18,877

8,582,588
18,798,764
107,688
(749,872)
180,640
249,904
1,519

27,853,362

27,171,231

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
December 31
2014
2013

Budget
Estimate
2014-15

Source

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

Enterprise Funds (Cont'd)
CONVENTION CENTER:
4,046,988
1,309,634
23,485

3,476,566
1,209,307
19,783

5,380,107

4,705,656

Excise Taxes
Operating Revenue
Interest
Total Convention Center

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

21,007,396
7,256,502
134,920

19,759,784
5,410,773
110,089

63,497,055

28,398,818

25,280,646

WATER SYSTEM:
$

22,835,541
399,414
306,092
171,690
283,380
206,537
370,151

$

24,572,805

20,559,837
426,929
259,189
457,490
106,800
191,463
325,378
22,327,086

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

$

202,395,473
2,546,628
2,520,192
3,397,906
1,131,900
1,276,104
1,596,374

$

212,388,500
2,992,901
2,156,462
2,855,137
909,720
996,286
2,017,290

415,361,000

214,864,577

224,316,296

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

91,191,195
9,580,609
1,071,480
687,553
6,209,254

90,483,087
9,432,152
850,800
615,485
8,741,394

214,792,000

108,740,091

110,122,918

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

63,889,804
4,124,424
249,200
6,967,289

63,382,489
3,971,024
174,370
6,091,597

150,150,446

75,230,717

73,619,480

1,166,153,001

591,180,523

593,711,005

WASTEWATER:
15,244,601
1,459,220
267,660
119,655
1,184,551

15,064,378
1,463,233
94,380
114,144
1,026,907

18,275,687

17,763,042

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

$

10,704,601
434,802
47,003
1,730,096

10,597,752
500,948
33,299
1,059,318

12,916,502

12,191,317

88,998,463

84,158,332

251,288,398

$

253,925,552

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

$

- 28 -

3,171,266,568

$

1,502,387,481

$

1,516,716,664

Citywide Operating Expenditures by Program
For the Month Ended
December 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
$

119,506 $
242,646
302,586
1,901,237
63,342
198,149
226,564
1,495,088
230,314
350,484
357,200
899,997
172,639
(21,085)
123,802
1,611,770
1,427,257

147,098
261,498
(799,942)
3,113,653
49,553
183,818
213,046
1,721,725
222,549
322,361
29,085
940,374
1,921
5,648
274,097
2,089,400
879,292

9,701,496

9,655,176

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

$

778,225
1,688,011
1,689,311
15,794,994
566,764
1,153,442
1,441,178
9,924,327
1,404,154
1,685,775
681,389
5,399,933
929,147
11,024
1,503,910
10,154,210
1,767,741

$

873,690
1,674,760
973,171
19,668,868
775,835
1,377,340
1,365,927
10,694,474
1,469,176
2,215,477
707,495
5,251,746
57,456
41,904
1,777,156
12,043,769
(754,817)

$

778,225
1,688,011
1,689,311
15,002,885
566,764
1,153,442
1,441,178
9,924,327
1,404,154
1,685,775
681,389
4,825,419
929,147
11,024
1,503,910
10,073,743
1,767,741

$

792,109
574,514
80,467
-

122,877,786

56,573,535

60,213,427

55,126,445

1,447,090

41,837,569
4,981,585

18,044,976
2,480,015

18,918,159
2,286,997

14,795,823
2,480,015

3,249,153
-

46,819,154

20,524,991

21,205,156

17,275,838

3,249,153

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

279,814,335
147,286,211
233,670

281,795,800
145,034,356
242,553

276,345,025
145,483,185
233,670

3,469,310
1,803,026
-

874,992,554

427,334,216

427,072,709

422,061,880

5,272,336

Criminal Justice
2,928,275
470,255

3,135,794
454,991

3,398,530

3,590,785

Municipal Court
Public Defender
Total Criminal Justice
Public Safety

47,601,777
26,015,786
(21,152)

47,471,070
25,536,155
33,352

73,596,411

73,040,577

Police
Fire
Other
Total Public Safety

- 29 -

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

4,500,392
967,383
25,968,621
4,217,224
35,653,620

$

4,856,392
967,442
24,158,631
3,714,330
33,696,795

Street Transportation
Street Lighting
Aviation
Public Transit
Total Transportation

$

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

$

28,814,529
5,723,903
138,828,714
199,187,758

$

29,548,679
5,566,628
138,503,161
193,933,339

$

28,755,095
5,723,903
113,645,415
175,426,829

$

59,434
25,183,299
23,760,929

610,044,034

372,554,904

367,551,807

323,551,242

49,003,662

Community Development
3,879,561
6,790,964
2,564,063
3,360,000

3,493,833
5,852,881
2,113,131
4,165,558

Planning and Development
Housing
Economic Development
Neighborhood Services Department

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

20,286,074
40,245,067
23,719,260
17,850,201

19,856,880
38,359,259
22,193,504
26,524,850

20,286,074
40,207,559
11,625,814
17,850,201

37,508
12,093,446
-

16,594,588

15,625,403

Total Community Development

230,064,068

102,100,602

106,934,493

89,969,648

12,130,954

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

48,139,663
17,257,309
3,820,168
33,117,299
5,527,356
26,025,735
1,746,142
1,083,339

50,146,605
18,230,037
4,083,615
32,442,683
5,465,109
28,045,697
1,571,302
943,535

47,180,186
17,257,309
3,820,168
23,820,703
25,879,007
1,746,142
1,083,339

959,477
9,296,596
5,527,356
146,728
-

285,034,191

136,717,011

140,928,583

120,786,854

15,930,157

Community Enrichment
7,388,112
3,435,342
960,078
4,006,353
920,388
4,316,469
355,392
59,998

7,536,545
3,400,269
674,743
4,756,520
910,103
5,390,856
235,551
65,757

21,442,132

22,970,344

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
December 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
$

26,076,266 $
9,818,282
12,423,993
(735,884)
111,088

25,857,390
11,916,668
11,097,157
946,402
(304,303)

47,693,745

49,513,314

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

$

150,015,314
61,326,592
57,607,662
12,284,146
185,525

$

149,485,508
69,592,886
62,402,277
8,730,013
327,037

$

91,964,431
33,723,748
51,092,395
9,083,695
185,525

$

186,049,794

58,050,883
27,602,844
6,515,267
3,200,451
-

616,265,128

281,419,239

290,537,721

95,369,445

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

104,957
5,699,313
13,068,248
437,017
3,066,045
342,842
6,011,220
1,011,732
3,685,802
3,854,754
628,191
5,457,704
25,056
4,941,720
1,841,505
1,424,554
126,785
1,371,095
6,016,060
4,414,328
3,195
3,825,458

433,103
4,555,488
4,213,248
168,767
2,307,077
345,332
2,441,819
314,232
3,601,403
3,892,603
586,705
7,246,145
25,100
3,632,088
639,554
1,432,607
2,214
469,038
7,742,759
2,739,949
3,406
3,599,228

-

104,957
5,699,313
13,068,248
437,017
3,066,045
342,842
6,011,220
1,011,732
3,685,802
3,854,754
628,191
5,457,704
25,056
4,941,720
1,841,505
1,424,554
126,785
1,371,095
6,016,060
4,414,328
3,195
3,825,458

General Obligation Debt Service
17,493
949,885
2,178,041
72,836
511,007
57,141
1,001,870
168,622
614,300
642,459
104,698
909,618
4,176
823,620
306,918
237,425
800
228,516
1,002,677
735,721
533
829,253

72,184
759,248
702,208
28,128
384,513
57,555
406,970
52,372
600,234
648,767
97,784
1,207,691
4,183
605,348
106,592
238,768
1
78,173
1,290,460
456,658
567
599,765

11,397,609

8,398,169

Total Debt Service

74,164,415

67,357,581

50,391,865

-

67,357,581

11,256,054

15,046,726

Capital Improvement

578,031,992

140,107,197

127,618,356

-

140,107,197

$

230,734,185

$

231,537,289

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 -

1,604,689,276

$

1,592,454,117

$

1,214,821,701

$

389,867,575

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

2,829 $
1,174,097
633,768
5,998,735
1,779,503
471,319
71,335
1,662,602
14,320
9,949,343
305,759
323,134
10,679,075
427,991
8,744,262
931,477
41,102,241

554,926
979,224
4,024,946
2,771,975
4,252,285
1,779,338
174,044
9,490,029
702,971
9,404,681
146,304
620,786
12,309,974
8,757,498
12,384,378
3,090,181
63,019,759

Total Capital Improvement Program $

511,680,654 $

84,271,790 $

134,463,299

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

$

$

170,412,173
12,954,881
1,018,949
6,324,470
61,211,402
251,921,875

$

336,193,665

$

$

96,873,045
10,696,792
144,067
8,798,969
24,971,810
141,484,683

$

275,947,982

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

2,775
1,172,937
633,768
5,178,996
978,727
721,107
3,927
81
116,325
8,510,544
89,236
8,237,948
34,902,151

263,277,506 $

60,548,522

$

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

$

578,031,992

- 32 -

$

$

9,972,888
2,730,381
728,720
6,321,485
59,805,201
79,558,675

$

140,107,197

$

$

$

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

54
1,160
819,739
800,776
471,319
71,335
941,495
10,393
9,949,343
305,678
206,809
2,168,531
338,755
506,314
931,477
6,200,090

248,403,148 $

23,723,268

$

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

$

650,208,494

Unencumbered
Budget

Actual

$

$

1,122,745
7,371,869
566,232
6,452,110
657,218
11,273,604
1,335,007
34,909,876
594,680
39,899,127
1,170,723
6,027,318
62,568,927
2,822,334
114,892,360
17,026,167
118,718,567

$

427,408,864

$

160,439,285
10,224,500
290,229
2,985
1,406,201
172,363,200

$

$

148,897,062
13,362,486
35,531,048
124,897,213
141,950,148
464,637,957

$

196,086,468

$

892,046,821

Bonds Authorized and Sold
As of December 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

Nov
32,952
31,854
33,430
34,363
33,033
35,127

Jan

Dec
31,456
31,745
32,504
32,474
35,062
33,956

YTD thru
Dec
194,469
199,830
201,806
209,728
209,784
213,474

Feb

- A1 -

Apr

May

June

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

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

Mar

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

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

Oct

Nov

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

Dec

Nov
8,687
9,083
9,456
9,673
10,295
10,601

Jan

Dec
8,947
9,055
9,462
10,296
10,695
10,849

Feb

YTD thru
Dec
52,991
53,843
56,050
59,827
62,664
63,986

Mar

- A2 -

May

June

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

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

Apr

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

Nov
3,224
3,089
3,582
3,958
4,198
3,862

Jan

Dec
4,095
3,781
3,993
3,872
3,857
4,389

Feb

YTD thru
Dec
24,417
22,561
23,437
25,148
26,185
26,645

Mar

- A3 -

May

June

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

4,195

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

Apr

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

Nov
13,697
27,849
26,471
26,222
27,610
22,510

Jan

Dec
27,977
29,526
28,146
27,171
27,853
26,948

Feb

YTD thru
Dec
160,008
163,256
167,198
160,372
163,946
155,456

Mar

- A4 -

May

June

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.

Return to Summary Page

Apr

Water System Revenues (Dollars in Thousands)

Water System Operating Revenues
80,000
75,000
70,000

10-11 Actuals

65,000

12-13 Actuals

60,000

13-14 Actuals

55,000
50,000

14-15 Actuals

11-12 Actuals

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

Nov
26,585
30,215
36,338
34,774
32,130
33,299

Jan

Dec
21,157
20,946
25,523
22,327
24,573
23,429

Feb

YTD thru
Dec
206,434
227,452
260,340
224,316
214,865
239,344

Mar

- A5 -

May

June

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.

Return to Summary Page

Apr

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

Nov
18,540
26,283
20,958
20,452
17,529
21,868

Jan

Dec
27,453
18,864
17,744
17,763
18,276
17,564

Feb

YTD thru
Dec
123,929
121,900
109,920
110,123
108,740
110,463

Mar

- A6 -

May

June

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.

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