April 2016 Monthly Financial Report PREPARED BY Financial Accounting & Reporting Division City of Phoenix Monthly Financial Report April 2016 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 Monitor and Consider Taking Action 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 Better than Expected Table of Contents be taken directly to that page of the report. Citywide Expenditures Citywide Total Operating Expenditures 5 Better than Expected General Government 5 Better than Expected Criminal Justice 6 Better than Expected Public Safety 6 Expected Performance Status 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 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 Monitor and Consider Taking Action State Sales Tax 16 Expected Vehicle License Tax 17 Better than Expected Governmental Funds 18 Expected Aviation 19 Better than Expected Water System 20 Corrective Action Taken Wastewater 21 Better than Expected Financial Schedules General Fund Revenue Page 22 General Fund Expenditures 23 Citywide Operating Revenue 24 Citywide Operating Expenditures 25 Citywide Operating Revenue by Source 26 Citywide Operating Expenditures by Program 30 Capital Expenditures and Encumbrances 33 Bonds Authorized and Sold 34 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. April General Fund YTD Expenditures (Dollars in Thousands) Refer to detailed financial schedules pages 22 thru 34 Total General Fund Expenditures 11-12 12-13 13-14 14-15 15-16 April YTD Annual % of Annual Expenditures Expenditures * Expenditures 814,937 995,771 81.8% 861,949 1,038,092 83.0% 864,555 1,042,102 83.0% 869,945 1,051,395 82.7% 885,014 1,110,139 79.7% * - For prior years-total actual expenditures, for current year-total approved budget net of adjustment for contingencies. Better than Expected Total General Fund General Government $1,200,000 $1,200,000 $1,000,000 $1,000,000 April YTD April YTD Expenditures Expenditures $800,000 $800,000 $600,000 $600,000 $400,000 $400,000 $200,000 $200,000 $0 $0 Annual Annual Expenditures * Expenditures * 11-12 12-13 11-12 13-14 12-13 14-15 15-16 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. Although the budgeted general fund expenditures for fiscal year 2015-16 are only 0.6% higher than the budget for fiscal year 2014-15, due to cost savings achieved in fiscal year 2014-15 the budget is 5.6% over fiscal year 2014-15 actuals. Through April 2016, general fund expenditures are 1.7% higher than through April 2015. General fund expenditures have been nearly flat over the past 3 years with FY2014-15 only showing a 1.3% increase over FY2012-13. Year to date expenditures through April have increased 2.7% since FY2012-13. General Government 11-12 12-13 13-14 14-15 15-16 April YTD Annual % of Annual Expenditures Expenditures * Expenditures 79,303 98,577 80.4% 83,915 102,211 82.1% 83,849 100,400 83.5% 82,940 96,385 86.1% 88,632 110,381 80.3% * - For prior years-total actual expenditures, for current year-total approved budget Better than Expected Criminal Justice General Government $120,000 $120,000 $100,000 $100,000 $80,000 $80,000 $60,000 $60,000 $40,000 $40,000 April YTD Expenditures April YTD Expenditures Annual Expenditures * Annual Expenditures * $20,000 $20,000 $0$0 11-1211-1212-13 12-13 14-15 13-14 13-14 15-16 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 through April 2016 are 6.9% higher than the same period in the prior year. The fiscal year 2015-16 budget includes a 14.5% increase over fiscal year 2014-15 actuals. Of that increase, 4.3% is due to a fiscal year 2015-16 $4.2 million assessment to the State related to the tax simplification project. An additional 9.3% of the increase is due to a $9.0 million increase in budgeted personal service costs in fiscal year 2015-16 over fiscal year 2014-15 actuals. Through April 2016, personal service costs are 1.9% higher than through the same period in the prior year. Fiscal year 2014-15 general fund general government expenditures were the lowest annual total since fiscal year 2010-11. -1- April General Fund YTD Expenditures (Dollars in Thousands) Refer to detailed financial schedules pages 22 thru 34 Criminal Justice 11-12 12-13 13-14 14-15 15-16 April YTD Annual % of Annual Expenditures Expenditures * Expenditures 27,426 33,542 81.8% 27,903 33,453 83.4% 27,135 32,659 83.1% 25,886 31,018 83.5% 26,075 32,623 79.9% * - 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 April YTD Expenditures April YTD Expenditures Annual Expenditures * Annual Expenditures * 11-12 12-13 13-14 $0 11-12 12-13 13-14 14-15 15-16 Criminal justice expenditures include costs for municipal courts and public defenders. General fund criminal justice expenditures through April 2016 are 0.7% higher than the same period in the prior year. The fiscal year 2015-16 budget includes a 5.2% increase over fiscal year 2014-15 actuals. General fund criminal justice expenditures for fiscal year 2014-15 were lower than the previous four years. Public Safety 11-12 12-13 13-14 14-15 15-16 Transportation Public Safety April YTD Annual % of Annual Expenditures Expenditures * Expenditures 536,640 647,049 82.9% 570,270 684,609 83.3% 582,201 699,796 83.2% 591,045 716,304 82.5% 615,892 737,194 83.5% * - For prior years-total actual expenditures, for current year-total approved budget Monitor and Consider Taking Action $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 11-12 12-13 $0 11-12 April YTD Expenditures April YTD Expenditures 13-14 12-13 14-15 15-16 Annual Expenditures * Annual Expenditures * 13-14 Public safety expenditures include costs for police and fire services. While the fiscal year 2015-16 budget includes a 2.9% increase over fiscal year 2014-15 actuals, general fund public safety expenditures through April 2016 are 4.2% higher than the prior year. The increase is primarily due to higher than expected overtime and constant manning costs. - 2- April General Fund YTD Expenditures (Dollars in Thousands) Refer to detailed financial schedules pages 22 thru 34 Transportation 11-12 12-13 13-14 14-15 15-16 April YTD Annual % of Annual Expenditures Expenditures * Expenditures 30,894 39,161 78.9% 31,750 38,161 83.2% 25,199 29,713 84.8% 29,509 34,187 86.3% 13,569 37,162 36.5% * - 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 April YTD Expenditures April YTD Expenditures Annual Annual Expenditures * Expenditures * 11-12 11-12 12-13 12-13 13-14 14-15 13-14 15-16 Transportation expenditures include costs for public transit and street maintenance and repair. The fiscal year 2015-16 budget includes an 8.7% increase over fiscal year 2014-15 actuals. General fund transportation expenditures through April 2016 are 54.0% lower than the same period in the prior year. The fiscal year 2015-16 budget includes an allocation of $16 million from the General Fund to the Transit Fund, however, with the passage of proposition 104, that allocation is no longer necessary. Fiscal year 2014-15 included a similar allocation which accounts for the majority of the general fund transportation year over year expenditure reduction. Community Development Community Enrichment Community Development 11-12 12-13 13-14 14-15 15-16 April YTD Annual % of Annual Expenditures Expenditures * Expenditures 15,861 19,393 81.8% 16,485 19,927 82.7% 17,068 20,210 84.5% 15,784 18,986 83.1% 15,429 21,376 72.2% * - For prior years-total actual expenditures, for current year-total approved budget Better than Expected $25,000 $25,000 April AprilYTD 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 11-12 11-12 12-13 12-13 13-14 14-15 13-14 15-16 Community development expenditures include costs for economic development and neighborhood services. General fund community development expenditures are better than expected through April 2016 with a 2.2% decrease from the same period in the prior year. The fiscal year 2015-16 budget includes a 12.6% increase over fiscal year 2014-15 actuals. The increase is primarily due to budgeted personal and contractual services being higher than the fiscal year 2014-15 actuals. Through April 2016, both personal and contractual services are lower than the April 2015 year to date totals. Fiscal year 2014-15 general fund community development expenditures were lower than the previous four years. -3- April General Fund YTD Expenditures (Dollars in Thousands) Refer to detailed financial schedules pages 22 thru 34 Community Enrichment 11-12 12-13 13-14 14-15 15-16 April YTD Annual % of Annual Expenditures Expenditures * Expenditures 110,342 140,026 78.8% 115,394 141,209 81.7% 117,201 143,665 81.6% 111,917 138,024 81.1% 113,284 149,223 75.9% * - 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 11-12 12-13 11-12 AprilYTD YTD April Expenditures Expenditures Annual Expenditures * Annual Expenditures * 13-14 12-13 14-15 15-16 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 April 2016 with a 1.2% increase over the prior year. The fiscal year 2015-16 budget includes an 8.1% increase over fiscal year 2014-15 actuals. Budgeted increases in contractual services are reflected in higher year to date costs for utilities, miscellaneous contractuals (primarily homeless services), and maintenance and repair expense (primarily custodial services). The remaining budgeted increase is primarily due to personal services, however, personal service expenditures through April 2016 are slightly lower than the same period in the prior year. Fiscal year 2014-15 general fund community enrichment expenditures are lower than any year since fiscal year 2010-11. Environmental Total GeneralServices Fund Environmental Services 11-12 12-13 13-14 14-15 15-16 April YTD Annual % of Annual Expenditures Expenditures * Expenditures 12,432 15,723 79.1% 13,684 15,353 89.1% 10,726 13,748 78.0% 11,779 15,082 78.1% 10,107 15,401 65.6% * - For prior years-total actual expenditures, for current year-total approved budget Better than Expected $18,000 $16,000 $14,000 $12,000 $10,000 $8,000 $6,000 $4,000 $2,000 $0 April YTD Expenditures Annual Expenditures * 11-12 11-12 12-13 13-14 12-13 14-15 13-14 15-16 Environmental service expenditures include costs for maintaining and operating city facilities. General Fund environmental services expenditures through April 2016 are 14.2% lower than the prior year. The decrease is primarily due to decreases in fuel costs and personal service costs. The fiscal year 2015-16 budget includes a 2.1% increase over fiscal year 2014-15 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. April Citywide YTD Expenditures (Dollars in Thousands) Refer to detailed financial schedules pages 22 thru 34 Total Citywide Operating 11-12 12-13 13-14 14-15 15-16 April YTD Annual % of Annual Expenditures Expenditures * Expenditures 2,438,651 2,985,410 81.7% 2,568,567 3,123,865 82.2% 2,491,992 3,054,098 81.6% 2,529,328 3,051,875 82.9% 2,560,817 3,589,098 71.3% * - For prior years-total actual expenditures, for current year-total approved budget net of adjustments for contingencies and use of the early redemption fund. Total Citywide General Government $4,000,000 $3,500,000 $3,500,000 $3,000,000 $3,000,000 $2,500,000 $2,500,000 $2,000,000 $2,000,000 April YTD April YTD Expenditures Expenditures $1,500,000 $1,500,000 Annual Annual Expenditures * Expenditures * $1,000,000 $1,000,000 $500,000 $500,000 $0 $0 Better than Expected 11-12 12-13 11-12 13-14 12-13 14-15 15-16 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. Without contingencies, the budget for fiscal year 2015-16 anticipates an increase of 17.6% over prior year actuals in total operating expenditures. Actual expenditures through April 2016 are better than expected with an increase of 1.2% over the same period in the prior year. General Government 11-12 12-13 13-14 14-15 15-16 April YTD Annual % of Annual Expenditures Expenditures * Expenditures 88,471 109,658 80.7% 93,799 114,015 82.3% 95,557 114,235 83.6% 92,813 108,690 85.4% 100,354 132,782 75.6% * - 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 April YTD Expenditures April YTD Expenditures $80,000 $60,000 Annual Expenditures * $60,000 $40,000 $40,000 $20,000 $20,000 Annual Expenditures * $0 11-12 12-13 11-12 12-13 13-14 14-15 13-14 15-16 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 an increase of 8.1% through April 2016 over the same period in the prior year. The budget anticipates an increase of 22.2% for fiscal year 2015-16 over prior year actuals. The increase in budget includes anticipated debt service costs for RWC and Telephone improvement projects. -5- April Citywide YTD Expenditures (Dollars in Thousands) Refer to detailed financial schedules pages 22 thru 34 Criminal Justice April YTD Annual % of Annual Expenditures Expenditures * Expenditures 29,814 36,305 82.1% 34,464 41,290 83.5% 33,870 40,697 83.2% 32,765 39,265 83.4% 33,076 45,787 72.2% 11-12 12-13 13-14 14-15 15-16 * - 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 April YTD Expenditures April YTD Expenditures Annual Expenditures * Annual Expenditures * 11-12 11-12 12-13 12-13 13-14 13-14 14-15 15-16 Criminal Justice expenditures include costs of the Municipal Court and the Public Defender’s office. Citywide criminal justice expenditures are 0.9% higher through April 2016 than the same period in the prior year. The budgeted increase for fiscal year 2015-16 over prior year actuals is 16.6%. Public Safety 11-12 12-13 13-14 14-15 15-16 Transportation Public Safety April YTD Annual % of Annual Expenditures Expenditures * Expenditures 664,481 803,367 82.7% 700,285 842,387 83.1% 701,221 842,270 83.3% 699,107 841,816 83.0% 729,201 886,342 82.3% * - For prior years-total actual expenditures, for current year-total approved budget 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 11-12 12-13 $0 11-12 April YTD Expenditures April YTD Expenditures 13-14 12-13 14-15 15-16 Annual Expenditures * Annual Expenditures * 13-14 Public Safety expenditures include costs of Police, Fire and Emergency Management. Citywide public safety expenditures through April 2016 are 4.3% higher than the prior year. The budgeted increase for fiscal year 2015-16 over prior year actuals is 5.3%. -6- April Citywide YTD Expenditures (Dollars in Thousands) Refer to detailed financial schedules pages 22 thru 34 Transportation 11-12 12-13 13-14 14-15 15-16 April YTD Annual % of Annual Expenditures Expenditures * Expenditures 495,932 584,429 84.9% 507,425 582,381 87.1% 500,558 573,025 87.4% 510,089 582,486 87.6% 517,654 644,393 80.3% * - For prior years-total actual expenditures, for current year-total approved budget Better than Expected Transportation Community Development $600,000 $700,000 $580,000 $600,000 $560,000 $500,000 $540,000 $400,000 $520,000 $300,000 $500,000 $200,000 $480,000 $460,000 $100,000 $440,000 $0 April YTD Expenditures April YTD Expenditures Annual Annual Expenditures * Expenditures * 11-12 11-12 12-13 12-13 13-14 14-15 13-14 15-16 Transportation expenditures include costs for Street lighting, maintenance and repair; Aviation and Public Transit. Citywide transportation expenditures are better than expected with an increase of 1.5% through April 2016 over the same period in the prior year. The budgeted increase for fiscal year 2015-16 over prior year actuals is 10.6%. Community Development 11-12 12-13 13-14 14-15 15-16 April YTD Annual % of Annual Expenditures Expenditures * Expenditures 157,334 192,133 81.9% 176,493 209,403 84.3% 164,104 194,542 84.4% 158,408 188,670 84.0% 145,697 232,039 62.8% * - For prior years-total actual expenditures, for current year-total approved budget Better than Expected CommunityDevelopment Enrichment Community $250,000 $250,000 AprilYTD YTD April Expenditures Expenditures $200,000 $200,000 $150,000 $150,000 $100,000 $100,000 $50,000 $50,000 $0 $0 Annual Expenditures * Annual Expenditures * 11-12 11-12 12-13 12-13 13-14 14-15 13-14 15-16 Community Development expenditures include costs for Neighborhood Services, Housing, Planning and Economic Development. Citywide community development expenditures are better than expected with a decrease through April 2016 of 8.0% from the prior year. The decrease is primarily due to a decrease in debt service requirements due to the refinancing of the Downtown Hotel debt and a decrease in NSD – neighborhood stabilization grant spending. The 2015-16 budget includes an increase of 23.0% over 2014-15 actuals. -7- April Citywide YTD Expenditures (Dollars in Thousands) Refer to detailed financial schedules pages 22 thru 34 Community Enrichment 11-12 12-13 13-14 14-15 15-16 April YTD Annual % of Annual Expenditures Expenditures * Expenditures 218,527 272,353 80.2% 220,932 273,110 80.9% 226,042 272,326 83.0% 216,166 259,944 83.2% 223,403 284,592 78.5% * - For prior years-total actual expenditures, for current year-total approved budget Environmental Services Community Enrichment $300,000 $300,000 AprilYTD YTD April 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 * 11-12 12-13 11-12 13-14 12-13 14-15 15-16 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 an increase through April 2016 of 3.3% over the same period in the prior year. The budgeted increase for fiscal year 2015-16 over prior year actuals is 9.5%. Environmental Services 11-12 12-13 13-14 14-15 15-16 April YTD Annual % of Annual Expenditures Expenditures * Expenditures 447,367 549,628 81.4% 471,225 564,051 83.5% 479,011 577,118 83.0% 453,194 545,198 83.1% 457,301 588,371 77.7% * - 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 AprilYTD YTD April Expenditures Expenditures $500,000 $500,000 $400,000 $400,000 $300,000 $300,000 $200,000 $200,000 $100,000 $100,000 $0 $0 Annual Expenditures * Annual Expenditures * 11-12 11-12 12-13 12-13 13-14 13-14 14-15 15-16 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 an increase through April 2016 of 0.9% over the prior year. The budgeted increase for fiscal year 2015-16 over prior year actuals is 7.9%. -8- April Citywide YTD Expenditures (Dollars in Thousands) Refer to detailed financial schedules pages 22 thru 34 General Obligation Debt Service 11-12 12-13 13-14 14-15 15-16 April YTD Annual % of Annual Expenditures Expenditures * Expenditures 141,044 157,298 89.7% 114,438 137,208 83.4% 83,985 100,524 83.5% 112,351 134,594 83.5% 127,238 152,691 83.3% * - For prior years-total actual expenditures, for current year-total approved budget net of credit for early redemption fund resources Expected General Obligation Debt Service Total Citywide $180,000 $180,000 $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 $011-12 AprilYTD YTD April Expenditures Expenditures Annual Expenditures * Annual Expenditures * 12-13 11-12 13-14 14-15 15-16 12-13 13-14 General obligation debt service expenditures are performing as expected through April 2016 with an increase of 13.3% over the same period in the prior year. Budgeted expenditures for fiscal year 2015-16 are 13.4% higher than actual expenditures for the prior fiscal year. -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 22 - 34 11-12 12-13 13-14 14-15 15-16 (Budget) 15-16 (YTD) $ 232,848 $ 320,599 $ 263,112 $ 244,107 $ 537,668 $ 145,649 Discussion: 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). 15-16 (YTD) 15-16 (Budget) 14-15 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). 13-14 12-13 11-12 $0 $200,000 $400,000 $600,000 Major projects in fiscal year 2014-15 include bus purchases ($43 million), major street projects ($40 million including Avenida Rio Salado - $15 million and Broadway Rd Corridor - $10 million), local and collector street improvements ($37 million), transit south facility upgrades ($21 million), parks and recreation facility improvements ($18 million), and regional wireless cooperative ($18 million). Major Projects in fiscal year 2015-16 include street construction, improvement and repair ($43.9 million), affordable and low income housing related projects ($16.5 million), parks and recreation projects ($15.3 million), and transit related projects ($14.7 million). Aviation 11-12 12-13 13-14 14-15 15-16 (Budget) 15-16 (YTD) $ 332,920 $ 168,639 $ 180,571 $ 259,616 $ 581,133 $ 499,101 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. 15-16 (YTD) 15-16 (Budget) In fiscal year 2014-15 major projects included $122 million for Terminal Development Concept Design and Construction, $14 million for terminal four improvements, and $13 million for airfield reconstruction and rehabilitation. Aviation capital expenditures also include $87 million in debt service. 14-15 13-14 12-13 11-12 $0 $200,000 $400,000 $600,000 Major projects in fiscal year 2015-16 include Terminal 3 Development ($367 million) and Terminal 4 North Apron Reconstruction ($23 million). - 10 - Capital Expenditures (Dollars in Thousands) 11-12 Phx Convention Ctr $ 1,644 Refer to detailed financial schedules pages 22 - 34 12-13 $ 21,830 $ 15-16 (Budget) 14-15 13-14 23,189 Discussion: $ 24,633 $ 26,498 15-16 (YTD) $ 18,633 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. The debt service payments total $20 million per year and are continued in the fiscal year 2015-16 budget. 15-16 (YTD) 15-16 (Budget) 14-15 13-14 12-13 11-12 $0 11-12 Solid Waste $ 15,512 13-14 12-13 $ 8,605 $ $10,000 15-16 (Budget) 14-15 8,063 $ 22,832 $ 27,324 $20,000 $30,000 15-16 (YTD) $ 4,293 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. 15-16 (YTD) 15-16 (Budget) 14-15 13-14 12-13 In fiscal year 2014-15 Solid Waste spent $16 million for the 27th avenue composting facility and $6 million for the SR85 landfill. 11-12 $0 $10,000 $20,000 $30,000 In fiscal year 2015-16, Solid Waste has spent $2.3 million on the 27th Ave Resource Innovation Campus. - 11 - Capital Expenditures (Dollars in Thousands) 11-12 Wastewater $ 66,342 Refer to detailed financial schedules pages 22 - 34 13-14 12-13 $ 109,914 $ 15-16 (Budget) 14-15 58,012 $ 39,880 Discussion: $ 114,432 15-16 (YTD) $ 27,626 Wastewater Capital funds were used to pay $25 million, $50 million and $25 million of commercial paper in fiscal years 2011-12, 2012-13 and 2013-14 respectively. In fiscal year 12-13 the department spent $21 million on the Broadway Road Parallel Sewer. In fiscal year 2014-15 Wastewater spent $19 million on mains and lines, most of which is for rehabilitation or replacement. Wastewater also spent $9 million for projects related to the 91st Avenue Wastewater Treatment Plant and SROG. In fiscal year 2015-16 Wastewater has spent $13 million on rehabilitation and replacement of sewer mains and lines and an additional $9 million on capital improvements at the wastewater treatment facilities. 11-12 Water System $ 95,990 15-16 (YTD) 15-16 (Budget) 14-15 13-14 12-13 11-12 $0 $50,000 12-13 13-14 14-15 15-16 (Budget) $ 110,333 $ 129,080 $ 117,196 $ 210,580 $100,000 $150,000 15-16 (YTD) $ 75,424 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). 15-16 (YTD) 15-16 (Budget) 14-15 Major projects in fiscal year 2013-14 include construction of a new 20 million gallon concrete reservoir at Deer Valley WTP ($16 million). 13-14 12-13 11-12 $0 $100,000 $200,000 $300,000 Major projects in fiscal year 2014-15 include $9 million for rehabilitation at the 24th Street water treatment plant and $24 million for improvements to the solids handling facility at the Union Hills water treatment plant. The water system also spent nearly $34 million on mains and lines, most of which is for rehabilitation or replacement. In fiscal year 2015-16 the water system has spent or committed over $16 million for rehabilitation at the Val Vista water treatment plant. Additionally, over $27 million has been spent for assessment, rehabilitation and replacement of hydrants, valves, mains and lines. - 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 22 thru 34 General Fund Revenues $1,200,000 $1,000,000 Apr YTD Actuals $800,000 $600,000 $400,000 Annual Revenues* $200,000 $0 11-12 11-12 12-13 13-14 14-15 15-16 Apr YTD Actuals 757,225 782,590 825,557 844,209 852,464 Annual Revenues* 948,384 980,945 1,026,167 1,048,053 1,050,259 12-13 13-14 14-15 15-16 % of Annual Revenues 79.8% 79.8% 80.5% 80.6% 81.2% * - For prior years - total actual revenues, for current year - total approved budget Expected Fiscal year 2015-16 general fund operating revenues are budgeted to increase 0.2% over prior year actuals. Actual revenues through April 2016 are 1.0% 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 22 thru 34 Property Taxes Primary & Secondary 250,000 200,000 Secondary 94,436 62,012 35,204 128,054 132,101 143,931 11-12 12-13 150,000 50,080 49,567 32,914 100,000 50,000 140,363 138,243 Primary 92,305 - FY 11-12 12-13 13-14 14-15 15-16 YTD 15-16 budget Total 222,488 194,112 179,136 187,811 125,219 190,443 July (2,553) (1,733) (1,260) (1,107) (981) (1,392) Aug 1,059 1,349 971 760 641 1,045 13-14 Sept 1,189 904 867 816 857 878 Oct 13,656 11,888 11,107 12,338 15,224 11,993 14-15 Nov 55,555 54,091 46,645 63,660 60,232 55,802 Dec 40,845 31,075 32,028 18,028 21,975 27,539 15-16 YTD Jan 7,689 7,015 7,180 8,869 8,268 7,829 Feb 5,685 4,743 3,818 2,958 3,815 3,910 15-16 budget Mar 8,871 6,670 5,668 5,135 5,779 5,931 Apr 11,013 8,323 7,300 9,411 9,409 8,497 May 35,952 44,111 44,562 45,939 45,692 June 43,527 25,676 20,250 21,004 22,719 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. Total property tax revenues are budgeted to increase 1.4% in fiscal year 2015-16 over fiscal year 2014-15 actuals. Through April 2016, property tax revenues are 2.6% higher than budget projections. - 14 - Local Sales Tax (Dollars in Thousands) Refer to detailed financial schedules pages 22 thru 34 Local Sales Tax Budget vs Actual 39,000 38,000 37,000 36,000 35,000 15-16 Actuals 34,000 15-16 budget 33,000 32,000 31,000 30,000 July Aug Sept Oct Nov Dec Jan Feb Mar Apr May June Year to Date Performance Status Monitor and Consider Taking Action Local sales tax revenues through April 2016 are 1.0% below budget. The fiscal year 2015-16 budget includes an increase of 0.6% in local sales tax revenues over fiscal year 2014-15 actuals. Local Sales Tax 3 Year Trend 45,000 40,000 35,000 30,000 13-14 Actuals 25,000 14-15 Actuals 20,000 15-16 Actuals 15,000 10,000 5,000 July Aug Sept Oct Nov Dec Jan Feb Mar Apr May June Through April 2016, local sales tax revenues are 1.7% lower than the same period in the prior fiscal year. Fiscal year 2014-15 local sales tax revenues exceeded fiscal year 2013-14 revenues by 0.4%. Click Here for Additional Information - 15 - State Sales Tax (Dollars in Thousands) Refer to detailed financial schedules pages 22 thru 34 State Sales Tax Budget vs Actual 16,000 14,000 12,000 10,000 15-16 Actuals 15-16 budget 8,000 6,000 4,000 2,000 July Aug Sept Oct Nov Dec Jan Feb Mar Apr May June Year to Date Performance Status Expected State shared sales tax revenues through April 2016 are 0.8% above the budget expectations for that period. State Sales Tax 3 Year Trend 16,000 14,000 12,000 10,000 13-14 Actuals 8,000 14-15 Actuals 6,000 15-16 Actuals 4,000 2,000 July Aug Sept Oct Nov Dec Jan Feb Mar Apr May June Fiscal year 2014-15 state shared sales tax revenues were 4.1% higher than fiscal year 2013-14 which were 7.0% higher than fiscal year 2012-13. Through April 2016 state shared sales tax revenues are 4.6% higher than the same period in the prior year. Click Here for Additional Information - 16 - Vehicle License Tax (Dollars in Thousands) Refer to detailed financial schedules pages 22 thru 34 Vehicle License Tax Budget vs Actual 6,000 5,000 4,000 15-16 Actuals 3,000 15-16 budget 2,000 1,000 July Aug Sept Oct Nov Dec Jan Feb Mar Apr May June Year to Date Performance Status Better than Expected State shared vehicle license tax revenues through April 2016 are 7.1% higher than budget expectations for the same period. Vehicle License Tax 3 Year Trend 6,000 5,000 13-14 Actuals 4,000 14-15 Actuals 15-16 Actuals 3,000 2,000 1,000 July Aug Sept Oct Nov Dec Jan Feb Mar Apr May June State shared vehicle license tax revenues for fiscal year 2014-15 were 7.0% higher than fiscal year 2013-14 which were 6.9% over fiscal year 2012-13. Fiscal year 2015-16 state shared vehicle license tax revenues are expected to be 0.9% higher than fiscal year 2014-15 actuals. Through April 2016, state shared vehicle license tax revenues are 8.2% higher than the same period in fiscal year 2014-15. Click Here for Additional Information - 17 - Governmental Funds Revenues (Dollars in Thousands) Refer to detailed financial schedules pages 22 thru 34 Governmental Funds Revenues Budget vs Actual 250,000 200,000 150,000 15-16 Actuals 100,000 15-16 budget 50,000 July Aug Sept Oct Nov Dec Jan Feb Mar Apr May June Year to Date Performance Status Expected Governmental funds are those funds supported primarily through taxes, bonds and grants and include the general fund as well as funds with dedicated tax revenue streams. They do not include the enterprise funds. Governmental fund revenues through April 2016 are 0.2% higher than budget expectations for the same period. Governmental Funds Revenues 3 Year Trend 250,000 200,000 2013-14 Actuals 150,000 2014-15 Actuals 15-16 Actuals 100,000 50,000 July Aug Sept Oct Nov Dec Jan Feb Mar Apr May June Fiscal year 2013-14 governmental funds revenues increased by 0.1% over fiscal year 2012-13 and fiscal year 2014-15 governmental revenues decreased 0.6% from the prior year. Fiscal year 2015-16 governmental funds revenues are expected to be 5.3% higher than fiscal year 2014-15 actuals. Through April 2016 governmental funds revenues are 3.4% higher than the same period in FY2014-15. Click Here for Additional Information - 18 - Aviation Revenues (Dollars in Thousands) Refer to detailed financial schedules pages 22 thru 34 Aviation Operating Revenues Budget vs Actual 35,000 30,000 25,000 15-16 Actuals 20,000 15-16 budget 15,000 10,000 5,000 July Aug Sept Oct Nov Dec Jan Feb Mar Apr May June Year to Date Performance Status Better than Expected Aviation operating revenues through April 2016 are better than expected at 4.3% higher than budget for the same period. Aviation Operating Revenues 3 Year Trend 35,000 30,000 25,000 13-14 Actuals 20,000 14-15 Actuals 15,000 15-16 Actuals 10,000 5,000 July Aug Sept Oct Nov Dec Jan Feb Mar Apr May June Fiscal year 2014-15 aviation operating revenues were 3.0% higher than fiscal year 2013-14. Fiscal year 2015-16 aviation operating revenues are expected to be 2.2% lower than fiscal year 2014-15 actuals. Through April 2016, aviation operating revenues are 1.8% higher than the same period in the prior year. Click Here for Additional Information - 19 - Water System Revenues (Dollars in Thousands) Refer to detailed financial schedules pages 22 thru 34 Water System Operating Revenues Budget vs Actual 60,000 50,000 40,000 15-16 Actuals 15-16 budget 30,000 20,000 10,000 July Aug Sept Oct Nov Dec Jan Feb Mar Apr May June Year to Date Performance Status Corrective Action Taken Water system revenues through April 2016 are 4.1% below budget expectations for that period. Although revenues are tracking below budget expectations, the water five year financial plan took into account the strong El Niño weather patterns and reduced water consumption and revenue expectations. Water System Operating Revenues 3 Year Trend 60,000 50,000 40,000 13-14 Actuals 14-15 Actuals 30,000 15-16 Actuals 20,000 10,000 July Aug Sept Oct Nov Dec Jan Feb Mar Apr May June Primarily due to the record setting rainfall received in August and September 2014 and above average rainfall in December and January, fiscal year 2014-15 revenues were 6.8% below revenues for fiscal year 2013-14. Revenues through April 2016 are 4.2% higher than the same period in the prior fiscal year. Click Here for Additional Information - 20 - Wastewater Revenues (Dollars in Thousands) Refer to detailed financial schedules pages 22 thru 34 Wastewater Operating Revenues Budget vs Actual 25,000 20,000 15,000 15-16 Actuals 15-16 budget 10,000 5,000 July Aug Sept Oct Nov Dec Jan Feb Mar Apr May June Year to Date Performance Status Better than Expected Wastewater revenues through April 2016 are 3.0% above budget expectations for the same period. Wastewater Operating Revenues 3 Year Trend 25,000 20,000 13-14 Actuals 15,000 14-15 Actuals 15-16 Actuals 10,000 5,000 July Aug Sept Oct Nov Dec Jan Feb Mar Apr Click Here for Additional Information - 21 - 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 April 30 (dollars in thousands) Budget Estimate 2015-16 Actual Year-to-Date 2015-16 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 Engineering & Architectural Services Planning & Development Street Transportation Fire Emergency Transportation Service Hazardous Materials Inspection Fee Other Interest Other Fees and Service Charges Total Revenues $ $ - 22 - 422,024 2,239 $ 347,432 2,340 $ 353,584 2,297 137,502 174,234 55,807 140,363 2,797 9,500 114,189 145,195 48,874 92,305 2,277 7,378 109,208 145,986 45,158 89,119 2,325 4,700 16,225 920 14,040 1,018 7,304 1,314 4,421 11,704 848 10,257 523 5,841 1,336 3,594 13,092 718 12,391 796 5,622 1,026 4,039 30,800 13,385 1,875 14,491 30,485 11,448 2,816 13,622 27,763 11,873 2,211 12,301 1,050,259 $ 852,464 $ 844,209 General Fund Expenditures As of April 30 (dollars in thousands) Actual Year-to-Date 2015-16 2014-15 Budget Estimate 2015-16 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 3,536 2,235 34,822 1,947 2,322 19,067 2,440 4,143 9,742 3,057 22,794 2,445 110,381 1,194 $ 2,603 2,675 28,772 1,410 1,816 15,259 1,685 3,150 7,410 2,454 17,862 2,342 88,632 1,238 2,665 2,929 27,130 1,543 1,921 14,501 1,829 2,647 7,296 2,535 13,734 2,972 82,940 27,542 5,081 32,623 21,260 4,815 26,075 21,830 4,056 25,886 477,614 259,566 14 737,194 404,742 210,685 465 615,892 384,131 206,757 157 591,045 Transportation Street Transportation Public Transit Total Transportation 19,222 17,940 37,162 11,900 1,669 13,569 14,269 15,240 29,509 Community Development Economic Development Neighborhood Services Department Planning and Development Others Total Community Development 4,629 12,362 4,331 54 21,376 3,562 8,497 3,329 41 15,429 3,540 8,867 3,336 41 15,784 Community Enrichment Parks and Recreation Library Human Services Others Total Community Enrichment 90,558 35,281 18,171 5,213 149,223 68,690 27,592 13,053 3,949 113,284 69,120 27,241 13,326 2,230 111,917 Environmental Services Public Works Environmental Programs Total Environmental Services 14,835 566 15,401 9,770 337 10,107 11,243 536 11,779 6,779 2,026 1,085 46,400 - - Criminal Justice Municipal Court Public Defender Total Criminal Justice Public Safety Police Fire Others Total Public Safety Capital Improvement Contingencies Total Expenditures and Encumbrances $ 1,156,539 - 23 - $ $ 885,014 $ 869,945 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 April 30 (dollars in thousands) Source General Funds Local Taxes: Sales Taxes Privilege License Fees State Shared Taxes: State Sales Tax State Income Tax Vehicle License Tax Primary Property Tax Licenses and Permits Cable Communications Municipal Court Police Library Fees Parks and Recreation Planning & Development Street Transportation Fire Interest Other Fees and Service Charges $ Total General Funds 422,024 2,239 $ 353,584 2,297 109,208 145,986 45,158 89,119 2,325 4,700 13,810 12,391 796 5,622 1,026 4,039 39,636 2,211 12,301 1,050,259 852,464 844,209 29,059 83,651 29,047 5,975 168,628 5,263 43,496 14,012 16,622 108,487 42,546 4,592 46,195 284,909 54,796 23,966 69,185 23,977 5,153 159,538 3,174 47,496 10,993 18,112 95,909 31,100 4,049 36,477 161,965 35,286 25,613 72,221 25,684 5,223 140,531 7,774 40,052 12,183 14,200 90,995 25,294 3,875 30,473 154,797 34,107 937,278 726,380 683,022 332,191 64,559 411,108 217,162 149,326 286,405 56,140 320,008 187,881 123,082 281,265 56,392 307,137 180,532 124,451 1,174,346 973,516 949,777 Enterprise Funds Aviation Convention Center Water System Wastewater Solid Waste $ 347,432 2,340 114,189 145,195 48,874 92,305 2,277 7,378 12,551 10,257 523 5,841 1,336 3,594 41,934 2,816 13,622 Total Special Revenue and Debt Service Funds Total Enterprise Funds $ 137,502 174,234 55,807 140,363 2,797 9,500 17,145 14,040 1,018 7,304 1,314 4,421 44,185 1,875 14,491 Special Revenue and Debt Service Funds Neighborhood Protection Public Safety Enhancement & Expansion Parks and Preserves Golf Courses Transit 2000 & 2050 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 Operating Revenues Actual Year-to-Date 2015-16 2014-15 Budget Estimate 2015-16 3,161,883 - 24 - $ 2,552,360 $ 2,477,008 Citywide Operating Expenditures As of April 30 (dollars in thousands) Source General Government General Funds Other Funds Total General Government Actual Year-to-Date 2015-16 2014-15 Budget 2015-16 $ Criminal Justice General Funds Other Funds Total Criminal Justice 110,381 22,401 132,782 $ 88,632 $ 11,722 100,354 82,940 9,873 92,813 32,623 13,164 45,787 26,075 7,001 33,076 25,886 6,878 32,764 Public Safety General Funds Other Funds Total Public Safety 737,194 149,148 886,342 615,892 113,309 729,201 591,045 108,063 699,108 Transportation General Funds Other Funds Total Transportation 37,162 607,231 644,393 13,569 504,085 517,654 29,509 480,580 510,089 Community Development General Funds Other Funds Total Community Development 21,376 210,663 232,039 15,429 130,268 145,697 15,784 142,624 158,408 Community Enrichment General Funds Other Funds Total Community Enrichment 149,223 135,369 284,592 113,284 110,119 223,403 111,917 104,248 216,165 Environmental Services General Funds Other Funds Total Environmental Services 15,401 572,970 588,371 10,107 447,194 457,301 11,779 441,415 453,194 Debt Service General Funds Other Funds Total Debt Service 152,691 152,691 127,238 127,238 112,351 112,351 Capital Improvement General Funds Other Funds Total Capital Improvement 6,779 615,322 622,101 2,026 224,867 226,893 1,085 253,351 254,436 Contingencies General Funds Other Funds Total Contingencies 46,400 66,800 113,200 Total Operating General Funds Other Funds Total Operating Budget $ 1,156,539 2,545,759 3,702,298 - $ - 25 - 885,014 1,675,803 2,560,817 $ - 869,945 1,659,383 2,529,328 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 April 30 2016 2015 Budget Estimate 2015-16 Source Actual Year-to-Date 2015-16 2014-15 General Funds $ 36,306,961 91,248 36,398,209 $ 37,203,277 110,534 Local Taxes: Sales Taxes Privilege License Fees $ 422,024,000 2,239,000 $ 347,431,970 2,340,087 $ 353,583,784 2,297,028 37,313,811 Total Local Taxes 424,263,000 349,772,057 355,880,812 12,975,132 14,519,502 5,512,071 12,265,197 14,598,649 4,407,788 State Shared Taxes: State Sales Tax State Income Tax Vehicle License Tax 137,502,000 174,234,000 55,807,000 114,188,856 145,195,017 48,874,461 109,207,957 145,986,495 45,157,989 33,006,705 31,271,634 367,543,000 308,258,334 300,352,441 6,956,770 6,938,442 Primary Property Tax 140,363,000 92,305,173 89,118,665 186,681 227,648 Licenses and Permits 2,797,000 2,276,642 2,325,498 2,436,874 55 Cable Communications 9,500,000 7,377,612 4,700,011 1,264,557 125,570 1,567,246 141,559 Municipal Court: Fines and Forfeitures Court Default Fee 16,225,210 920,000 11,703,561 847,865 13,092,120 718,306 1,390,127 1,708,805 17,145,210 12,551,426 13,810,426 594,543 1,157,135 59,141 90,409 941,062 Total State Shared Taxes Total Municipal Court 14,040,100 10,256,762 12,390,822 Library Fees Police 1,017,715 522,980 795,475 737,392 Parks and Recreation 7,304,351 5,841,076 5,621,579 145,282 132,675 Planning and Development 1,314,000 1,336,147 1,026,367 355,322 494,254 Street Transportation 4,421,358 3,594,168 4,038,505 3,472,475 234,433 1,789,297 2,596,160 153,863 2,430,090 30,800,000 1,250,000 12,134,508 30,485,040 977,736 10,470,756 27,762,680 915,125 10,958,045 5,496,205 5,180,113 44,184,508 41,933,532 39,635,850 323,915 220,336 1,875,000 2,816,136 2,211,415 1,472,874 1,059,006 14,490,465 13,621,594 12,301,104 89,763,710 86,531,715 1,050,258,707 852,463,639 844,208,970 Fire: Emergency Transportation Service Hazardous Materials Inspection Fee Other Total Fire Interest Other Fees and Service Charges Total General Funds - 26 - Citywide Operating Revenue by Source (continued) For the Month Ended April 30 2016 2015 Budget Estimate 2015-16 Source Actual Year-to-Date 2015-16 2014-15 Special Revenue and Debt Service Funds $ 1,836,876 131,206 656,027 16,732 $ 1,969,615 140,688 703,434 9,659 2,640,841 2,823,396 5,195,939 1,660,932 31,317 5,538,040 1,760,500 (7,609) 6,888,188 7,290,931 2,663,153 2,839,951 370,490 236,195 195 18,762 430,114 6,499 249,298 (975) 2,910 625,642 687,846 17,613,941 4,106,619 10,252,960 5,833,152 21,720,560 16,086,112 - - 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 & 2050: Sales Taxes Interest/Other Total Transit 2000 & 2050 Court Awards 20,189,000 1,442,000 7,210,000 218,000 $ 16,551,008 1,182,215 5,911,074 321,864 $ 17,758,471 1,268,463 6,342,311 243,879 29,059,000 23,966,161 25,613,124 62,313,000 21,442,000 (104,000) 51,412,381 17,781,871 (9,264) 53,969,270 18,348,249 (96,367) 83,651,000 69,184,988 72,221,152 29,047,226 23,976,938 25,684,427 3,846,510 83,321 1,950,222 (54,000) 148,480 3,094,090 82 1,869,672 (1,652) 190,784 3,285,787 63,927 1,852,783 (30,348) 51,009 5,974,533 5,152,976 5,223,158 115,364,000 53,263,814 113,893,654 45,644,546 91,658,815 48,872,436 168,627,814 159,538,200 140,531,251 5,263,216 3,173,994 7,774,164 4,686,005 4,797,207 Planning and Development 43,496,000 47,496,067 40,051,458 1,086,149 1,172,116 Capital Construction 14,012,000 10,992,712 12,182,654 2,695,677 15,703 2,627,347 11,671 Sports Facilities: Sales Taxes Interest/Other 16,342,000 280,000 14,504,865 3,606,896 13,962,123 238,043 2,711,380 2,639,018 16,622,000 18,111,761 14,200,166 Total Sports Facilities - 27 - Citywide Operating Revenue by Source (continued) For the Month Ended April 30 2016 2015 Budget Estimate 2015-16 Source Actual Year-to-Date 2015-16 2014-15 Special Revenue and Debt Service Funds (Cont'd) $ $ Highway User Revenue: Highway User Revenue Interest Other 12,019,588 57,110 11,143 10,908,860 36,080 - 12,087,841 10,944,940 1,987,616 2,314,833 6,915 143,444 6,108,445 9,724,931 Other Restricted Fees 977,694 6,466,267 503,529 Grants: Public Housing: Rentals Grants Other 600,634 5,446,889 1,017,213 $ 7,064,736 7,947,490 3,169,259 1,647,234 4,077,533 2,364,783 3,539,800 1,586,469 1,792,726 4,524,809 11,258,809 11,443,804 18,323,545 19,391,294 2,451,766 - 2,472,351 - 2,451,766 2,472,351 83,988,046 83,328,370 Total Highway User Revenue Regional Transit Revenues Community Reinvestment $ Total Public Housing 108,137,000 200,000 150,000 95,119,672 502,950 286,123 90,520,498 299,528 174,495 108,487,000 95,908,745 90,994,521 42,546,216 31,099,865 25,293,852 4,591,794 4,049,156 3,874,918 46,194,608 36,477,576 30,473,314 6,619,873 80,121,266 5,260,812 $ 6,043,513 57,071,280 4,534,144 $ 5,923,600 55,743,659 2,279,544 92,001,951 67,648,937 63,946,803 42,424,057 65,915,793 32,391,902 52,175,518 32,432,635 15,189,458 16,222,217 30,472,187 26,529,142 12,132,893 16,448,930 35,738,910 Total Other 192,907,270 94,316,497 90,849,875 Total Grants 284,909,221 161,965,434 154,796,678 50,079,674 4,716,600 32,914,469 2,371,129 31,748,675 2,358,293 54,796,274 35,285,598 34,106,968 937,277,902 726,380,171 683,021,805 135,770,000 187,031,400 800,000 3,417,000 2,137,600 3,034,600 - 82,998,934 195,742,826 1,414,290 1,592,812 1,910,873 2,402,148 343,234 86,285,585 188,425,860 600,050 1,723,197 1,908,808 2,148,670 172,789 332,190,600 286,405,117 281,264,959 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: 8,826,676 20,969,038 165,074 351,165 193,946 242,473 10,858 9,164,641 22,327,979 76,498 235,745 211,509 286,921 1,038 30,759,230 32,304,331 Sky Harbor: Airlines Concessions Interest Other Phoenix-Goodyear Phoenix-Deer Valley Phoenix-Customer Facility Charge Total Aviation - 28 - Citywide Operating Revenue by Source (continued) For the Month Ended April 30 2016 2015 Budget Estimate 2015-16 Source Actual Year-to-Date 2014-15 2015-16 Enterprise Funds (Cont'd) CONVENTION CENTER: $ 5,427,749 2,517,691 39,221 5,073,238 3,422,740 28,749 7,984,661 8,524,727 Excise Taxes Operating Revenue Interest Total Convention Center 48,129,000 16,207,596 222,900 38,149,632 17,673,927 316,210 38,516,062 17,642,443 233,654 64,559,496 56,139,769 56,392,159 WATER SYSTEM: $ 29,862,995 403,712 471,955 524,264 265,800 268,419 299,709 $ 32,096,854 29,337,412 513,313 540,113 574,287 331,680 304,876 (129,204) 31,472,477 Water Sales Water Service Fees Distribution Intergovernmental Development Fees Interest Other $ Total Water System 389,180,000 6,000,000 3,620,000 5,807,000 2,700,000 2,197,000 1,604,000 $ 298,305,484 4,427,506 5,089,058 4,800,395 2,831,820 2,035,999 2,517,894 $ 286,933,969 4,507,586 3,985,363 5,376,674 1,947,480 2,279,964 2,105,948 411,108,000 320,008,156 307,136,984 185,139,000 17,512,000 2,600,000 1,528,000 10,383,000 155,702,514 16,554,510 2,698,170 1,448,231 11,477,726 151,574,043 15,768,680 1,839,360 1,271,375 10,078,839 217,162,000 187,881,151 180,532,297 129,254,000 8,337,000 290,000 11,444,815 107,164,149 6,652,239 551,453 8,714,655 106,726,316 6,610,488 455,698 10,658,253 149,325,815 123,082,496 124,450,755 1,174,345,911 973,516,689 949,777,154 WASTEWATER: 15,888,637 1,730,372 263,400 215,298 3,265,423 15,151,344 1,757,188 319,620 170,314 713,596 21,363,130 18,112,062 Sewer Service Charges Multi-City Development Fees Interest Other Total Wastewater SOLID WASTE: $ 10,762,219 797,208 61,791 1,550,597 10,718,090 718,936 51,692 1,591,549 13,171,815 13,080,267 105,375,690 103,493,864 279,127,446 $ 273,353,949 Collection Fees Landfill Fees Interest Other Total Solid Waste Total Enterprise Funds $ Total Operating Revenues - 29 - 3,161,882,520 $ 2,552,360,499 $ 2,477,007,929 Citywide Operating Expenditures by Program For the Month Ended April 30 2016 2015 Budget Estimate 2015-16 Program Actual Year-to-Date 2015-16 2014-15 2015-16 Year-to-Date Operating Expenditures & Encumbrances Capital Operations and Debt General Government $ 105,722 $ 250,680 265,306 3,774,917 87,285 165,526 210,042 1,568,783 (78,710) 261,289 232 841,613 48,616 37,283 (324,376) (61,508) 161,017 630,970 (960,906) 119,567 265,377 289,048 3,355,265 55,814 162,682 189,970 1,386,329 (120,181) 336,191 57,871 836,993 117,389 7,924 261,933 889,654 (715,906) 6,983,781 7,495,920 Mayor City Council City Manager Information Technology Services Government Relations Public Information Equal Opportunity Law City Auditor City Clerk Elections Human Resources Manager's Office of Sustainability Phx Community Development Invst Corp Retirement Systems Phoenix Employment Relations Board Budget and Research Finance Regional Wireless Cooperative Total General Government $ 1,831,282 3,536,455 2,535,692 37,508,490 1,063,542 2,292,349 2,810,049 20,039,791 2,439,653 4,142,696 911,764 11,019,312 386,116 776,044 83,752 3,057,102 33,344,271 5,003,748 $ 1,194,138 2,602,914 2,883,183 30,681,845 802,163 1,681,295 2,218,555 15,926,135 1,684,844 3,150,097 869,042 9,939,830 512,637 481,183 154,555 13,464 2,453,977 20,099,173 3,004,638 $ 1,238,007 2,664,721 3,093,526 29,073,303 781,258 1,825,534 2,236,520 15,280,096 1,828,890 2,646,841 752,747 8,542,964 1,420,580 36,305 2,534,626 15,929,003 2,927,786 $ 1,194,138 2,602,914 2,883,183 29,368,758 802,163 1,681,295 2,218,555 15,926,135 1,684,844 3,150,097 869,042 9,295,382 512,637 481,183 154,555 13,464 2,453,977 19,825,818 3,004,638 $ 1,313,087 644,448 273,355 - 132,782,108 100,353,668 92,812,707 98,122,778 2,230,890 40,705,536 5,081,389 - 28,260,939 4,815,241 - 28,709,088 4,055,478 - 22,580,918 4,815,241 - 5,680,021 - 45,786,925 33,076,180 32,764,566 27,396,159 5,680,021 572,946,395 312,745,803 649,646 478,133,456 250,120,611 946,891 458,765,232 239,718,512 624,211 472,789,141 247,137,408 946,891 5,344,315 2,983,203 - 886,341,844 729,200,958 699,107,955 720,873,440 8,327,518 Criminal Justice 2,697,598 84,302 - 2,757,002 399,241 - 2,781,900 3,156,243 Municipal Court Public Defender Other Total Criminal Justice Public Safety 46,003,002 25,356,072 60,490 45,731,734 24,024,990 43,467 71,419,564 69,800,191 Police Fire Other Total Public Safety - 30 - Citywide Operating Expenditures by Program (continued) For the Month Ended April 30 2016 2015 Budget Estimate 2015-16 Program Actual Year-to-Date 2015-16 2014-15 2015-16 Year-to-Date Operating Expenditures & Encumbrances Capital Operations and Debt Transportation $ 4,716,242 1,258,223 20,845,363 9,312,185 36,132,013 $ 4,794,108 995,570 24,705,758 6,876,665 37,372,101 Street Transportation Street Lighting Aviation Public Transit Total Transportation $ 59,861,424 11,600,881 299,431,808 273,499,047 $ 45,193,694 9,383,652 230,348,185 232,728,032 $ 46,804,147 9,360,327 224,758,059 229,166,835 $ 45,091,375 9,383,652 186,101,825 187,709,269 $ 102,319 44,246,360 45,018,763 644,393,160 517,653,563 510,089,368 428,286,121 89,367,442 Community Development 3,159,465 7,039,799 1,817,812 3,331,925 3,389,288 6,667,020 1,992,775 2,356,099 Planning and Development Housing Economic Development Neighborhood Services Department 46,257,918 89,698,083 40,245,071 55,837,775 32,442,141 69,190,707 20,756,946 23,306,972 32,444,135 66,131,556 32,092,834 27,739,544 32,442,141 69,130,394 16,095,182 23,306,972 60,313 4,661,764 - 15,349,001 14,405,182 Total Community Development 232,038,847 145,696,766 158,408,069 140,974,689 4,722,077 101,188,842 35,777,708 5,825,781 60,133,639 11,544,369 62,029,657 4,123,444 3,968,465 74,772,940 28,066,707 5,203,403 49,626,907 9,348,108 50,310,093 3,164,023 2,911,120 75,587,295 27,810,849 5,296,438 48,902,289 9,208,910 45,093,495 2,976,165 1,290,196 73,277,082 28,066,707 5,203,403 33,477,196 50,098,681 3,164,023 2,911,120 1,495,858 16,149,711 9,348,108 211,412 - 284,591,905 223,403,301 216,165,637 196,198,212 27,205,089 Community Enrichment 6,592,539 2,788,027 479,145 4,147,114 913,269 5,078,047 236,669 317,228 7,666,641 2,654,251 478,427 4,695,436 920,389 4,969,024 345,933 58,455 20,552,038 21,788,556 Parks and Recreation Library Golf Convention Center Sports and Cultural Facilities Human Services Public Parking Facilities Other Total Community Enrichment - 31 - Citywide Operating Expenditures by Program (continued) For the Month Ended April 30 2016 2015 Budget Estimate 2015-16 Program 2015-16 Year-to-Date Operating Expenditures & Encumbrances Capital Operations and Debt Actual Year-to-Date 2015-16 2014-15 Environmental Services $ 22,385,715 10,726,844 10,187,543 1,811,355 91,912 $ 45,203,369 25,271,197 10,612,407 11,468,870 80,234 134,204 47,566,912 Water System Wastewater Solid Waste Management Public Works Environmental Programs $ Total Environmental Services 285,634,640 145,294,090 134,100,261 22,322,906 1,019,588 $ 228,801,345 115,434,466 97,241,931 15,207,062 616,735 $ 231,158,711 101,806,860 102,891,207 16,616,415 720,480 $ 148,727,667 58,672,330 86,315,125 9,859,543 616,735 304,191,400 $ 80,073,678 56,762,136 10,926,806 5,347,519 - 588,371,485 457,301,539 453,193,673 153,110,139 197,050 14,577,563 28,401,585 833,152 4,859,309 399,850 13,614,583 2,081,946 5,412,585 7,536,107 1,407,872 12,545,565 895,100 6,991,530 6,253,360 7,888,563 1,250 1,380,875 15,103,416 5,102,934 6,150 17,200,351 164,208 12,147,968 23,667,988 694,293 4,049,424 333,208 11,345,485 1,734,955 4,510,487 6,280,089 1,173,226 10,454,637 745,917 5,826,274 5,211,134 6,573,803 20 1,150,729 12,586,180 4,252,444 5,125 14,330,285 172,373 121,411 9,469,767 21,780,413 728,362 5,105,281 570,458 10,012,149 1,686,220 6,133,680 6,415,907 1,045,598 9,067,249 41,756 8,226,496 3,069,074 2,374,176 126,791 2,285,020 10,002,524 7,346,639 5,245 6,564,010 - 164,208 12,147,968 23,667,988 694,293 4,049,424 333,208 11,345,485 1,734,955 4,510,487 6,280,089 1,173,226 10,454,637 745,917 5,826,274 5,211,134 6,573,803 20 1,150,729 12,586,180 4,252,444 5,125 14,330,285 General Obligation Debt Service 16,421 1,214,797 2,366,799 69,430 404,942 33,320 1,134,548 173,495 451,048 628,009 117,322 1,045,464 74,592 582,627 521,114 657,380 (0) 115,073 1,258,618 425,245 513 1,433,029 Aviation Civic Plaza 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 12,723,786 11,246,326 Total Debt Service 152,690,696 127,237,879 112,350,599 - 127,237,879 25,635,912 45,227,643 Capital Improvement 622,101,078 226,892,966 254,435,711 - 226,892,966 Contingencies 113,200,000 $ 16,854 111,192 942,613 2,178,041 72,836 509,809 56,904 1,000,232 168,622 611,970 640,289 104,351 902,386 4,175 821,194 306,892 237,406 6 228,482 996,616 733,078 513 601,865 236,781,364 $ 258,059,074 Total Operating Budget $ 3,702,298,048 - 32 - $ 2,560,816,820 $ 2,529,328,285 $ 1,916,042,799 $ 644,774,021 Capital Expenditures and Encumbrances 2014-15 Actual Yearto-Date 2015-16 Program 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 General Government Subtotal Enterprise Aviation Phoenix Convention Center Solid Waste Disposal Wastewater Water System Enterprise Subtotal Total Capital Budget Program Actual Yearto-Date Budget $ 1,117,899 $ 9,413,568 1,410,000 7,179,704 207,000 9,394,718 1,261,282 33,094,271 630,000 57,859,078 1,142,650 5,187,406 86,637,476 3,211,245 108,832,538 22,217,690 188,870,997 $ 6,284,753 1,206,446 451,241 301,344 2,381,814 310,084 16,453,192 15,731,415 45,321 378,617 15,318,379 3,219,199 14,758,857 7,916,771 60,891,240 6,206 4,798,878 916,928 5,494,569 400,577 701,670 80,032 6,705,980 15,859 12,518,574 319,027 438,400 13,724,329 525,100 80,643,107 5,925,358 62,346,355 $ 537,667,522 $ 145,648,673 $ 195,560,952 $ $ $ 581,133,400 26,497,700 27,324,475 114,432,491 210,579,555 959,967,621 $ $ 499,110,700 18,633,364 4,293,401 27,625,533 75,424,385 625,087,383 $ 1,497,635,143 $ 770,736,056 From Operating Funds Actual Budget $ $ $ $ 209,624,917 20,404,509 3,460,986 27,157,647 80,310,093 340,958,152 $ 536,519,104 43,899 $ 9,098,553 1,410,000 3,953,728 113,850 7,708,250 15,473,169 30,000 8,191,520 200,000 2,382,633 53,364,858 1,692,088 89,850,676 83,938,163 6,280,864 1,206,446 361,578 166,105 1,068,836 4,527,758 4,887,585 14,646 248,979 11,735,548 378,184 14,101,940 41,817,893 277,451,387 $ 86,796,362 $ $ 67,168,712 6,048,700 22,483,121 68,958,178 179,990,980 344,649,691 $ 622,101,078 - 33 - 2015-16 Year-to-Date Capital Amounts From Capital Funds Budget Actual $ $ $ $ 46,322,712 1,592,531 3,793,541 20,914,320 67,473,500 140,096,604 $ 226,892,966 1,074,000 $ 315,015 3,225,976 93,150 1,686,468 1,261,282 17,621,102 600,000 49,667,558 942,650 2,804,773 33,272,618 1,519,157 18,981,862 22,217,690 104,932,834 3,889 89,663 135,239 1,312,978 310,084 11,925,434 10,843,830 30,675 129,638 3,582,831 2,841,015 656,917 7,916,771 19,073,347 260,216,135 $ 58,852,311 $ $ 513,964,688 20,449,000 4,841,354 45,474,313 30,588,575 615,317,930 $ 875,534,065 Unencumbered Budget $ 1,117,899 3,128,815 203,554 6,728,463 (94,344) 7,012,904 951,198 16,641,079 630,000 42,127,663 1,097,329 4,808,789 71,319,097 (7,954) 94,073,681 14,300,919 127,979,757 $ 392,018,849 $ $ 452,787,988 17,040,833 499,860 6,711,213 7,950,885 484,990,779 $ 82,022,700 7,864,336 23,031,074 86,806,958 135,155,170 334,880,238 $ 543,843,090 $ 726,899,087 Bonds Authorized and Sold As of April 30 (dollars in thousands) Authorized Sold Available 1988 Authorizations General Obligation Bonds Freeway Mitigation, Neighborhood Stabilization, and Slum and Blight Elimination Bonds Fully Issued $ Total General Obligation Bonds Revenue Bonds Bonds Fully Issued Total 1988 Authorizations 29,285 884,175 $ 28,285 884,175 $ 1,000 - 913,460 912,460 1,000 143,890 143,890 - 1,057,350 1,056,350 1,000 66,300 125,300 24,800 61,500 12,000 33,000 91,500 74,000 77,000 78,800 66,000 43,700 64,600 124,685 24,170 60,700 11,205 32,100 89,275 71,645 72,575 77,685 65,950 43,700 1,700 615 630 800 795 900 2,225 2,355 4,425 1,115 50 - 753,900 738,290 15,610 81,000 11,100 198,700 12,800 104,622 74,705 29,178 115,500 107,295 78,200 65,400 63,385 8,510 190,610 8,345 85,510 61,200 21,100 102,290 81,900 58,135 61,770 17,615 2,590 8,090 4,455 19,112 13,505 8,078 13,210 25,395 20,065 3,630 878,500 742,755 135,745 2001 Authorization General Obligation Bonds Education, Youth and Family Cultural Facilities Computer Technology Environmental Cleanup Fire Protection Historic Preservation Library Facilities Street Improvements Neighborhood Protection and Senior Centers Parks, Open Space, and Recreational Facilities Police Protection Storm Sewer and Flood Protection Bonds Fully Issued Total 2001 Authorizations 2006 Authorization General Obligation Bonds Affordable Housing and Neighborhood Revitalization Computer Technology Education and Health Science Facilities Environmental Cleanup Family, Senior, and Youth Cultural Facilities Fire Protection Library Facilities and Improvements Parks, Open Space, and Recreational Facilities Police Protection Street Improvements Storm Sewer and Flood Protection Total 2006 Authorizations Total Bond Program $ - 34 - 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 11-12 Actuals 12-13 Actuals 40,000 13-14 Actuals 14-15 Actuals 35,000 15-16 Actuals 15-16 budget 30,000 25,000 20,000 15,000 July FY 11-12 12-13 13-14 14-15 15-16 15-16 budget July 33,875 34,005 36,360 35,365 34,740 35,590 Aug Sept Aug 34,239 34,276 35,589 36,414 35,137 35,822 Sept 33,371 34,254 35,873 35,290 35,079 35,381 Oct Oct 34,746 33,337 35,068 34,621 35,459 35,122 Nov Nov 31,854 33,430 34,363 33,033 34,433 33,824 Dec Jan Dec 31,745 32,504 32,474 35,062 32,783 33,596 Jan 36,385 36,527 40,116 37,227 37,567 38,305 Note: City of Phoenix revenue is budgeted on an annual basis. 2015-16 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 2014-15 actual expenditures. Return to Summary Page - A1 - Feb Feb 31,532 32,542 32,084 34,432 32,793 33,292 Mar Mar 32,549 32,047 32,147 34,938 33,135 33,570 Apr Apr 34,955 34,911 35,988 37,203 36,307 36,470 May YTD thru April 335,251 337,834 350,063 353,584 347,432 350,972 June May 32,521 34,699 33,165 33,049 34,017 June 39,115 38,243 34,898 33,017 37,035 State Sales Tax (Dollars in Thousands) State Sales Tax 14,000 11-12 Actuals 13,000 12-13 Actuals 12,000 13-14 Actuals 11,000 14-15 Actuals 15-16 Actuals 10,000 15-16 budget 9,000 8,000 7,000 6,000 5,000 July FY 11-12 12-13 13-14 14-15 15-16 15-16 budget Aug July 8,852 9,907 10,309 11,103 11,070 11,227 Sept Aug 8,683 8,755 9,616 9,712 10,222 10,276 Sept 8,993 9,240 10,012 10,552 11,237 10,843 Oct Nov Oct 9,177 9,229 9,923 10,307 10,688 10,798 Dec Nov 9,083 9,456 9,673 10,295 11,100 10,762 Jan Dec 9,055 9,462 10,296 10,695 11,623 11,042 Feb Jan 11,290 11,986 12,744 13,173 13,760 13,749 Note: City of Phoenix revenue is budgeted on an annual basis. 2015-16 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 2014-15 actual expenditures. Return to Summary Page - A2 - Mar Feb 8,572 9,270 10,430 10,244 10,375 10,765 Apr Mar 9,554 9,887 10,506 10,861 11,139 11,406 May Apr 9,744 11,037 11,285 12,265 12,975 12,390 June YTD thru April 93,002 98,229 104,792 109,208 114,189 113,258 May 9,743 9,902 10,863 11,697 11,796 June 11,272 10,599 11,350 11,314 12,448 Vehicle License Tax (Dollars in Thousands) Vehicle License Tax 5,500 11-12 Actuals 12-13 Actuals 5,000 13-14 Actuals 14-15 Actuals 4,500 15-16 Actuals 4,000 15-16 budget 3,500 3,000 2,500 2,000 July FY 11-12 12-13 13-14 14-15 15-16 Budget 15-16 Aug July 4,482 4,493 4,752 4,963 5,095 5,170 Sept Aug 3,698 3,982 4,663 5,004 5,133 4,799 Oct Sept 3,842 3,852 3,992 3,749 4,087 4,269 Nov Oct 3,669 3,535 3,912 4,415 4,922 4,296 Dec Nov 3,089 3,582 3,958 4,198 4,291 4,101 Jan Dec 3,781 3,993 3,872 3,857 4,550 4,288 Feb Jan 3,645 3,572 3,936 4,661 5,195 4,374 Note: City of Phoenix revenue is budgeted on an annual basis. 2015-16 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 2014-15 actual expenditures. Return to Summary Page - A3 - Mar Feb 3,620 4,141 4,799 4,920 5,024 4,835 Apr Mar 4,860 4,623 4,559 4,984 5,065 5,263 May Apr 3,482 3,676 3,826 4,408 5,512 4,258 June YTD thru April 38,169 39,448 42,268 45,158 48,874 45,653 May 3,796 4,088 4,643 5,108 4,878 June 4,435 4,834 4,778 5,027 5,276 Governmental Funds Revenue (Dollars in Thousands) Governmental Funds Revenue 240,000 2011-12 Actuals 220,000 2012-13 Actuals 200,000 2013-14 Actuals 180,000 2014-15 Actuals 160,000 15-16 Actuals 140,000 15-16 budget 120,000 100,000 80,000 60,000 40,000 20,000 July FY 11-12 12-13 13-14 14-15 15-16 Budget 15-16 July 86,818 117,069 125,711 127,962 128,588 120,928 Aug Aug 137,663 123,710 137,320 138,394 155,197 142,177 Sept Sept 121,595 131,313 157,974 133,016 129,829 144,008 Oct Nov Oct 146,785 145,692 143,773 155,801 160,655 156,646 Nov 175,857 188,162 188,461 193,744 195,040 197,375 Dec Dec 166,847 167,796 169,767 162,290 172,648 176,410 Jan Jan 160,819 160,895 153,911 151,099 160,567 165,883 Note: City of Phoenix revenue is budgeted on an annual basis. 2015-16 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 2014-15 actual expenditures. Return to Summary Page - A4 - Feb Mar Feb 134,133 134,498 132,551 144,296 141,861 144,352 Mar 143,232 142,641 144,892 150,768 160,707 153,968 Apr Apr 161,330 160,782 162,046 169,860 173,752 173,219 May YTD thru April 1,435,079 1,472,558 1,516,406 1,527,231 1,578,844 1,574,966 June May 177,804 182,000 204,907 192,623 200,435 June 214,725 241,207 177,153 167,673 212,136 Aviation Revenues (Dollars in Thousands) Aviation Operating Revenues 40,000 11-12 Actuals 12-13 Actuals 35,000 13-14 Actuals 14-15 Actuals 30,000 15-16 Actuals 15-16 budget 25,000 20,000 15,000 10,000 July FY 11-12 12-13 13-14 14-15 15-16 Budget 15-16 Aug July 27,628 28,080 31,036 27,544 28,758 27,983 Sept Aug 24,404 26,231 22,760 26,594 27,373 24,482 Oct Sept 27,570 28,144 26,677 27,855 28,151 26,994 Nov Oct 26,280 30,124 26,505 26,489 29,050 26,786 Dec Jan Nov 27,849 26,471 26,222 27,610 29,039 26,481 Dec 29,526 28,146 27,171 27,853 25,795 27,594 Feb Jan 27,146 27,054 26,659 27,917 28,789 26,634 Note: City of Phoenix revenue is budgeted on an annual basis. 2015-16 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 2014-15 actual expenditures. Return to Summary Page - A5 - Mar Apr Feb 27,028 27,884 26,561 26,683 27,161 26,482 Mar 28,470 31,100 28,352 30,414 31,530 28,974 May Apr 33,111 34,980 31,467 32,304 30,759 32,286 June YTD thru April 279,012 288,215 273,411 281,265 286,405 274,696 May 30,194 31,020 29,350 29,251 29,336 June 30,075 28,463 27,200 29,272 28,158 Water System Revenues (Dollars in Thousands) Water System Operating Revenues 80,000 75,000 11-12 Actuals 70,000 12-13 Actuals 65,000 13-14 Actuals 60,000 14-15 Actuals 55,000 15-16 Actuals 50,000 15-16 budget 45,000 40,000 35,000 30,000 25,000 20,000 15,000 10,000 July FY 11-12 12-13 13-14 14-15 15-16 Budget 15-16 Aug July 48,584 79,417 49,017 50,166 47,014 52,399 Sept Aug 44,616 42,419 42,137 40,684 43,100 45,190 Oct Sept 47,230 42,446 41,144 36,711 42,235 44,356 Nov Oct 35,860 34,197 34,917 30,601 34,778 35,950 Dec Jan Nov 30,215 36,338 34,774 32,130 30,252 34,439 Dec 20,946 25,523 22,327 24,573 24,406 24,059 Feb Jan 19,694 21,738 22,872 21,031 22,460 22,552 Note: City of Phoenix revenue is budgeted on an annual basis. 2015-16 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, FY 2013-14, and FY 2014-15 actual expenditures. FY 2012-13 expenditures were excluded from the calculation due to a significant outlier in July 2012. Return to Summary Page - A6 - Mar Apr Feb 18,282 18,711 21,185 19,044 19,179 20,748 Mar 20,726 21,386 21,993 20,725 24,487 22,498 May Apr 27,648 30,809 29,578 31,472 32,097 31,453 June YTD thru April 313,803 352,983 319,944 307,137 320,008 333,644 May 32,635 34,663 36,292 32,249 35,878 June 42,378 37,680 42,563 32,329 41,586 Wastewater Revenues (Dollars in Thousands) Wastewater Operating Revenues 11-12 Actuals 27,000 12-13 Actuals 13-14 Actuals 22,000 14-15 Actuals 15-16 budget 15-16 Actuals 17,000 12,000 7,000 2,000 July FY 11-12 12-13 13-14 14-15 15-16 Budget 15-16 Aug July 18,754 17,547 17,634 18,325 16,156 17,914 Sept Aug 19,339 18,057 18,252 18,520 18,477 18,358 Oct Sept 19,500 17,930 18,224 18,337 21,171 18,244 Nov Oct 19,161 17,684 17,798 17,754 18,058 17,824 Dec Nov 26,283 20,958 20,452 17,529 17,530 19,734 Jan Dec 18,864 17,744 17,763 18,276 18,697 18,007 Feb Jan 26,967 25,337 17,618 18,183 19,384 20,470 Note: City of Phoenix revenue is budgeted on an annual basis. 2015-16 monthly budget amounts are based on an allocation of the annual budget. Monthly budget amounts are calculated based on an allocation of FY 2012-13 through FY 2014-15 actual expenditures. FY 2011-12 expenditures were excluded from the calculation due to significant outliers in November 2011 and January 2012. Return to Summary Page - A7 - Mar Feb 16,038 17,663 18,058 17,960 18,385 17,973 Apr Mar 18,552 14,263 14,986 17,538 18,659 15,665 May Apr 18,938 17,865 18,386 18,112 21,363 18,202 June YTD thru April 202,395 185,049 179,172 180,532 187,881 182,391 May 19,734 17,982 18,299 17,762 18,096 June 10,717 14,638 16,909 18,253 16,675