September 2016 Monthly Financial Report PREPARED BY Financial Accounting & Reporting Division City of Phoenix Monthly Financial Report September 2016 Table of Contents Expenditures by Programs Page Performance Status General Fund Expenditures Report Navigation General Fund Total Expenditures 1 Better than Expected General Government 1 Better than Expected Click on either the schedule name or the Criminal Justice 2 Better than Expected performance status in the table of contents to Public Safety 2 Expected Transportation 3 Better than Expected Community Development 3 Better than Expected Community Enrichment 4 Expected Environmental Services 4 Better than Expected be taken directly to that page of the report. From any page of the report, click on the City of Phoenix Bird Emblem to return to the Table of Contents 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 Monitor and Consider Taking Action 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 13 Better than Expected Property Tax 14 Monitor and Consider Taking Action Local Sales Tax 15 Better than Expected State Sales Tax 16 Better than Expected Vehicle License Tax 17 Monitor and Consider Taking Action Governmental Funds 18 Monitor and Consider Taking Action Aviation 19 Better than Expected Water System 20 Expected Wastewater 21 Better than Expected General Fund Total Operating Revenue 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. September General Fund YTD Expenditures (Dollars in Thousands) Refer to detailed financial schedules pages 22 thru 34 Total General Fund Expenditures 12-13 13-14 14-15 15-16 16-17 September YTD Annual % of Annual Expenditures Expenditures * Expenditures 279,193 1,038,092 26.9% 280,430 1,042,102 26.9% 276,573 1,051,395 26.3% 302,425 1,066,521 28.4% 294,561 1,139,061 25.9% * - 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 September YTD September 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 * 12-13 13-14 12-13 14-15 15-16 16-17 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. The fiscal year 2016-17 budgeted general fund expenditures are 6.8% higher than the fiscal year 2015-16 actuals. Through September 2016, actual general fund expenditures are 2.6% lower than the same period in fiscal year 2015-16. General fund expenditures have gradually increased over the past 4 years with FY2015-16 expenditures 2.7% higher than FY2012-13. General Government 12-13 13-14 14-15 15-16 16-17 September YTD Annual % of Annual Expenditures Expenditures * Expenditures 25,377 102,211 24.8% 30,218 100,400 30.1% 20,801 96,385 21.6% 28,814 105,240 27.4% 31,105 114,998 27.0% * - 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 September YTD Expenditures September YTD Expenditures $80,000 $60,000 Annual Expenditures * $60,000 $40,000 $40,000 $20,000 $20,000 Annual Expenditures * $0$0 12-1312-1313-14 13-14 15-16 14-15 14-15 16-17 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 September 2016 are 8.0% higher than the same period in the prior year. The fiscal year 2016-17 budget includes a 9.3% increase over fiscal year 2015-16 actuals. Fiscal year 2015-16 general fund general government expenditures were 3.0% higher than the fiscal year 2012-13 expenditures following two successive years of decreases in spending. -1- September General Fund YTD Expenditures (Dollars in Thousands) Refer to detailed financial schedules pages 22 thru 34 Criminal Justice September YTD Annual % of Annual Expenditures Expenditures * Expenditures 8,909 33,453 26.6% 8,837 32,659 27.1% 8,540 31,018 27.5% 10,713 30,698 34.9% 7,876 33,206 23.7% 12-13 13-14 14-15 15-16 16-17 * - 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 September YTD Expenditures September YTD Expenditures Annual Expenditures * Annual Expenditures * 12-13 13-14 14-15 $0 12-13 13-14 14-15 15-16 16-17 Criminal justice expenditures include costs for municipal courts and public defenders. General fund criminal justice expenditures through September 2016 are 26.5% lower than the same period in the prior year. In July 2015, the City encumbered the annual contracts for outside legal service, those contracts for fiscal year 2016-17 have not been encumbered as of September 2016. The fiscal year 2016-17 budget includes an 8.2% increase over fiscal year 2015-16 actuals. General fund criminal justice expenditures have decreased each year since fiscal year 2012-13 and were 8.2% lower in fiscal year 2015-16 than 2012-13. Public Safety 12-13 13-14 14-15 15-16 16-17 Transportation Public Safety September YTD Annual % of Annual Expenditures Expenditures * Expenditures 174,097 684,609 25.4% 179,254 699,796 25.6% 190,371 716,304 26.6% 192,598 737,129 26.1% 203,020 772,160 26.3% * - For prior years-total actual expenditures, for current year-total approved budget Expected $900,000 $800,000 $800,000 $700,000 $700,000 $600,000 $600,000 $500,000 $500,000 $400,000 $400,000 $300,000 $200,000 $300,000 $100,000 $200,000 $0 $100,000 12-13 13-14 $0 12-13 September YTD Expenditures September YTD Expenditures 14-15 13-14 15-16 16-17 Annual Expenditures * Annual Expenditures * 14-15 Public safety expenditures include costs for police and fire services. General fund public safety expenditures through September 2016 are 5.4% higher than the same period in the prior year. The fiscal year 2016-17 budget includes a 4.8% increase over fiscal year 2015-16 actuals. General fund public safety expenditures have been steadily increasing at 2-3% per year since fiscal year 2012-13. - 2- September General Fund YTD Expenditures (Dollars in Thousands) Refer to detailed financial schedules pages 22 thru 34 Transportation 12-13 13-14 14-15 15-16 16-17 September YTD Annual % of Annual Expenditures Expenditures * Expenditures 21,138 38,161 55.4% 12,127 29,713 40.8% 10,518 34,187 30.8% 18,299 17,473 104.7% 4,708 21,924 21.5% * - 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 September YTD Expenditures September YTD Expenditures Annual Annual Expenditures * Expenditures * 12-13 12-13 13-14 13-14 14-15 15-16 14-15 16-17 Transportation expenditures include costs for public transit and street maintenance and repair. General fund transportation expenditures through September 2016 are 74.3% lower than the same period in the prior year. The difference is primarily due to a timing difference for expenditure reimbursements from the AHUR fund. In fiscal year 2015-16, the first transfer from the AHUR fund did not occur until October 2015, while in fiscal year 2016-17 the transfers from the AHUR fund have been occurring monthly since July. The fiscal year 2016-17 budget includes a 25.5% increase over fiscal year 2015-16 actuals. General fund transportation expenditures decreased significantly in fiscal year 2015-16 from prior years due to the passage of proposition 104 which eliminated the need for approximately $16 million in support for the transit fund from the general fund. Community Development Community Enrichment Community Development 12-13 13-14 14-15 15-16 16-17 September YTD Annual % of Annual Expenditures Expenditures * Expenditures 5,147 19,927 25.8% 5,805 20,210 28.7% 5,507 18,986 29.0% 5,240 18,571 28.2% 4,861 21,554 22.6% * - For prior years-total actual expenditures, for current year-total approved budget Better than Expected $25,000 $25,000 September SeptemberYTD 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 12-13 12-13 13-14 13-14 14-15 15-16 14-15 16-17 Community development expenditures include costs for economic development and neighborhood services. General fund community development expenditures through September 2016 are 7.2% lower than the same period in the prior year. The fiscal year 2016-17 budget includes a 16.1% increase over fiscal year 2015-16 actuals. General fund community development expenditures showed a year over year decrease for the second straight year in fiscal year 2015-16. The decreases have fiscal year 2015-16 expenditures 8.1% lower than fiscal year 2013-14 and 6.8% lower than fiscal year 2012-13. -3- September General Fund YTD Expenditures (Dollars in Thousands) Community Enrichment 12-13 13-14 14-15 15-16 16-17 September YTD Annual % of Annual Expenditures Expenditures * Expenditures 40,003 141,209 28.3% 40,852 143,665 28.4% 36,853 138,024 26.7% 38,008 141,483 26.9% 40,612 151,008 26.9% * - For prior years-total actual expenditures, for current year-total approved budget Expected Refer to detailed financial schedules pages 22 thru 34 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 12-13 13-14 12-13 SeptemberYTD YTD September Expenditures Expenditures Annual Expenditures * Annual Expenditures * 14-15 13-14 15-16 16-17 14-15 Community enrichment expenditures include costs for parks, recreational activities, senior centers and community centers. General fund community enrichment expenditures through September 2016 are 6.9% higher than the same period in the prior year. The fiscal year 2016-17 budget includes a 6.7% increase over fiscal year 2015-16 actuals. Over the past four years, general fund community enrichment expenditures have remained relatively flat, with fiscal year 2015-16 expenditures 0.2% higher than fiscal year 2012-13. Environmental Total GeneralServices Fund Environmental Services 12-13 13-14 14-15 15-16 16-17 September YTD Annual % of Annual Expenditures Expenditures * Expenditures 4,375 15,353 28.5% 3,214 13,748 23.4% 3,621 15,082 24.0% 8,559 12,143 70.5% 1,123 14,285 7.9% * - 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 September YTD Expenditures Annual Expenditures * 12-13 12-13 13-14 14-15 13-14 15-16 14-15 16-17 Environmental service expenditures include costs for maintaining and operating city facilities. General Fund environmental services expenditures through September 2016 are 86.9% lower than the same period in the prior year. Because of the work order credits related to the Public Works Department, the general fund environmental services expenditures can fluctuate greatly from month to month. The fiscal year 2016-17 budget includes a 17.6% increase from fiscal year 2015-16 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. September Citywide YTD Expenditures (Dollars in Thousands) Refer to detailed financial schedules pages 22 thru 34 Total Citywide Operating 12-13 13-14 14-15 15-16 16-17 September YTD Annual % of Annual Expenditures Expenditures * Expenditures 866,821 3,123,865 27.7% 875,622 3,054,098 28.7% 884,329 3,051,875 29.0% 898,379 3,156,441 28.5% 946,700 3,822,337 24.8% * - For prior years-total actual expenditures, for current year-total approved budget net of adjustments for contingencies and use of the early redemption fund. Total Citywide General Government $4,500,000 $3,500,000 $4,000,000 $3,000,000 $3,500,000 $2,500,000 $3,000,000 $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 September YTD September Expenditures YTD Expenditures Annual Annual Expenditures Expenditures * * 12-13 13-14 12-13 14-15 13-14 15-16 16-17 14-15 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 2016-17 anticipates an increase of 21.1% over prior year actuals in total operating expenditures. Actual expenditures through September 2016 are better than expected with an increase of 5.4% from the same period in the prior year. General Government 12-13 13-14 14-15 15-16 16-17 September YTD Annual % of Annual Expenditures Expenditures * Expenditures 27,597 114,015 24.2% 32,870 114,235 28.8% 27,267 108,690 25.1% 32,345 118,505 27.3% 35,193 139,120 25.3% * - For prior years-total actual expenditures, for current year-total approved budget Better than Expected Criminal Justice General Government $120,000 $160,000 $100,000 $140,000 $120,000 $80,000 September YTD Expenditures September YTD Expenditures $100,000 $60,000 $80,000 $60,000 $40,000 Annual Expenditures * Annual Expenditures * $40,000 $20,000 $20,000 $0 12-13 12-13 13-14 14-15 13-14 16-17 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 8.8% through September 2016 over the same period in the prior year. The budget anticipates an increase of 17.4% for fiscal year 2016-17 over prior year actuals. -5- September Citywide YTD Expenditures (Dollars in Thousands) Refer to detailed financial schedules pages 22 thru 34 Criminal Justice September YTD Annual % of Annual Expenditures Expenditures * Expenditures 10,921 41,290 26.4% 11,039 40,697 27.1% 10,653 39,265 27.1% 12,816 39,463 32.5% 10,239 48,118 21.3% 12-13 13-14 14-15 15-16 16-17 * - For prior years-total actual expenditures, for current year-total approved budget Better than Expected Public Safety Criminal Justice $60,000 $200,000 September YTD Expenditures September YTD Expenditures $50,000 $40,000 $30,000 Annual Expenditures * Annual Expenditures * $20,000 $0 $10,000 12-13 13-14 14-15 $0 12-13 13-14 14-15 15-16 16-17 Criminal Justice expenditures include costs of the Municipal Court and the Public Defender’s office. Citywide criminal justice expenditures are 20.1% lower through September 2016 than the same period in the prior year. In July 2015, the City encumbered the annual contracts for outside legal service, those contracts for fiscal year 2016-17 have not been encumbered as of September 2016. The budgeted increase for fiscal year 2016-17 over prior year actuals is 21.9%. Public Safety 12-13 13-14 14-15 15-16 16-17 September YTD Annual % of Annual Expenditures Expenditures * Expenditures 213,211 842,387 25.3% 215,823 842,270 25.6% 221,999 841,817 26.4% 222,349 874,558 25.4% 236,632 934,174 25.3% * - For prior years-total actual expenditures, for current year-total approved budget Expected Transportation Public Safety $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 12-13 13-14 $0 12-13 September YTD Expenditures September YTD Expenditures 14-15 15-16 16-17 Annual Expenditures * Annual Expenditures * 13-14 Public Safety expenditures include costs of Police, Fire and Emergency Management. Citywide public safety expenditures through September 2016 are 6.4% higher than the same period in the prior year. The budgeted increase for fiscal year 2016-17 over prior year actuals is 6.8%. -6- September Citywide YTD Expenditures (Dollars in Thousands) Refer to detailed financial schedules pages 22 thru 34 Transportation 12-13 13-14 14-15 15-16 16-17 September YTD Annual % of Annual Expenditures Expenditures * Expenditures 252,044 582,381 43.3% 262,977 573,025 45.9% 264,029 582,486 45.3% 260,377 609,990 42.7% 273,223 671,988 40.7% * - For prior years-total actual expenditures, for current year-total approved budget Better than Expected Transportation Community Development $700,000 $800,000 $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 September YTD Expenditures September YTD Expenditures Annual Annual Expenditures * Expenditures * 12-13 12-13 13-14 13-14 14-15 15-16 14-15 16-17 Transportation expenditures include costs for Street lighting, maintenance and repair; Aviation and Public Transit. Citywide transportation expenditures are 4.9% higher through September 2016 than the same period in the prior year. The budgeted increase for fiscal year 2016-17 over prior year actuals is 10.2%. Community Development 12-13 13-14 14-15 15-16 16-17 September YTD Annual % of Annual Expenditures Expenditures * Expenditures 57,735 209,403 27.6% 56,259 194,542 28.9% 57,641 188,670 30.6% 45,497 174,956 26.0% 47,027 226,028 20.8% * - For prior years-total actual expenditures, for current year-total approved budget Better than Expected CommunityDevelopment Enrichment Community $250,000 $250,000 SeptemberYTD YTD September Expenditures Expenditures $200,000 $200,000 $150,000 $150,000 $100,000 $100,000 $50,000 $50,000 $0 $0 Annual Expenditures * Annual Expenditures * 12-13 12-13 13-14 13-14 14-15 15-16 14-15 16-17 Community Development expenditures include costs for Neighborhood Services, Housing, Planning and Economic Development. Citywide community development expenditures are better than expected with an increase through September 2016 of 3.4% over the same period in the prior year. The 2016-17 budget includes an increase of 29.2% over 2015-16 actuals. -7- September Citywide YTD Expenditures (Dollars in Thousands) Refer to detailed financial schedules pages 22 thru 34 Community Enrichment 12-13 13-14 14-15 15-16 16-17 September YTD Annual % of Annual Expenditures Expenditures * Expenditures 74,312 273,110 27.2% 75,351 272,326 27.7% 65,538 259,944 25.2% 71,552 273,179 26.2% 74,533 298,792 24.9% * - For prior years-total actual expenditures, for current year-total approved budget Environmental Services Community Enrichment $350,000 $300,000 $300,000 $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 SeptemberYTD YTD September Expenditures Expenditures Annual Expenditures * Annual Expenditures * 12-13 13-14 12-13 14-15 13-14 15-16 16-17 14-15 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 September 2016 of 4.2% over the same period in the prior year. The budgeted increase for fiscal year 2016-17 over prior year actuals is 9.4%. Environmental Services 12-13 13-14 14-15 15-16 16-17 September YTD Annual % of Annual Expenditures Expenditures * Expenditures 158,138 564,051 28.0% 143,143 577,118 24.8% 137,560 545,198 25.2% 141,884 555,711 25.5% 156,902 626,701 25.0% * - 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 SeptemberYTD YTD September 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 * 12-13 12-13 13-14 13-14 14-15 14-15 15-16 16-17 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 10.6% higher through September 2016 than the same period in the prior year. The budgeted increase for fiscal year 2016-17 over prior year actuals is 12.8%. -8- September Citywide YTD Expenditures (Dollars in Thousands) Refer to detailed financial schedules pages 22 thru 34 General Obligation Debt Service 12-13 13-14 14-15 15-16 16-17 September YTD Annual % of Annual Expenditures Expenditures * Expenditures 34,100 137,208 24.9% 25,197 100,524 25.1% 33,627 134,594 25.0% 38,171 154,710 24.7% 34,696 137,966 25.1% * - For prior years-total actual expenditures, for current year-total approved budget net of credit for early redemption fund resources Monitor and Consider Taking Action General Obligation Debt Service Total Citywide $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 $012-13 SeptemberYTD YTD September Expenditures Expenditures Annual Expenditures * Annual Expenditures * 13-14 12-13 14-15 15-16 16-17 13-14 14-15 General obligation debt service expenditures through September 2016 are 9.1% lower than the same period in the prior year. Budgeted expenditures for fiscal year 2016-17 are 10.8% lower 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 12-13 13-14 $ 320,599 $ 263,112 Refer to detailed financial schedules pages 22 - 34 15-16 16-17 (Budget) $ 238,739 $ 608,878 14-15 $ 244,107 Discussion: 16-17 (YTD) $ 56,253 General Gov't Major Projects in fiscal year 2013-14 include technology acquisitions for E-Procurement and Regional Wireless Communications ($21 million), street projects ($67 million), and Police PACE Upgrade/Replacement ($12 million). 16-17 (YTD) 16-17 (Budget) 15-16 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). 14-15 13-14 12-13 $0 $200,000 $400,000 $600,000 $800,000 Major Projects in fiscal year 2015-16 include street construction, improvement and repair ($67 million), affordable and low income housing related projects ($19 million), parks and recreation projects ($22 million), and transit related projects ($62 million). The fiscal year 2016-17 capital budget includes $156.4 million for transit related projects, $121.5 million for street construction, repair and maintenance, $95.1 million for sidewalks, traffic signals, bridges, bike lanes and street lighting improvements and maintenance, and $82.0 million for parks and recreation related projects. Aviation 12-13 13-14 $ 168,639 $ 180,571 14-15 $ 259,616 15-16 16-17 (Budget) $ 522,633 $ 223,029 16-17 (YTD) $ 38,634 Discussion: Aviation 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. 16-17 (YTD) 16-17 (Budget) 15-16 Major projects in fiscal year 2015-16 include Terminal 3 Development ($373 million), Terminal 4 improvements and refurbishments ($28 million), Terminal 4 North Apron Reconstruction ($24 million) and improvements at the satellite airports ($17 million). 14-15 13-14 12-13 $0 $200,000 $400,000 $600,000 The fiscal year 2016-17 capital budget includes $17.0 million for Communications Center/EOC Design and Construction, $16.1 million for Terminal 4 North Apron Reconstruction, $15.0 million for RCC Building Improvements and $14.8 million for Terminal 3 Development. - 10 - Capital Expenditures (Dollars in Thousands) 12-13 Phx Convention Ctr $ 21,830 Refer to detailed financial schedules pages 22 - 34 14-15 13-14 $ 23,189 $ 16-17 (Budget) 15-16 24,633 Discussion: $ 24,554 $ 23,213 16-17 (YTD) $ 5,224 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 continued in fiscal year 2016-17. 16-17 (YTD) 16-17 (Budget) 15-16 14-15 13-14 12-13 $0 13-14 12-13 Solid Waste $ 8,605 $ 8,063 14-15 $ $10,000 16-17 (Budget) 15-16 22,832 $ 8,781 $ 30,145 $20,000 $30,000 16-17 (YTD) $ 2,551 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. 16-17 (YTD) 16-17 (Budget) 15-16 14-15 13-14 In fiscal year 2014-15 Solid Waste spent $16 million for the 27th avenue composting facility and $6 million for the SR85 landfill. 12-13 $0 $10,000 $20,000 $30,000 $40,000 In fiscal year 2015-16, Solid Waste has spent $2.5 million on the 27th Ave Resource Innovation Campus. The fiscal year 2016-17 capital budget includes $10.4 million for work at the SR85 landfill and $8.6 million at the 27th Avenue Resource Innovation Campus. - 11 - Capital Expenditures (Dollars in Thousands) 13-14 12-13 Wastewater $ 109,914 Refer to detailed financial schedules pages 22 - 34 $ 58,012 14-15 $ 16-17 (Budget) 15-16 39,880 $ 42,084 Discussion: $ 150,715 16-17 (YTD) $ 4,759 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. 16-17 (YTD) 16-17 (Budget) 15-16 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 $18 million on rehabilitation and replacement of sewer mains and lines and an additional $16 million on capital improvements at the wastewater treatment facilities. 14-15 13-14 12-13 $0 $50,000 $100,000 $150,000 $200,000 The fiscal year 2016-17 capital budget includes $92.5 million for pipeline construction, rehabilitation and replacement, $29.0 million for treatment plant improvements, and $21.7 million for lift station improvements and replacements. Water System 12-13 13-14 14-15 $ 110,333 $ 129,080 $ 117,196 15-16 $ 99,091 16-17 (Budget) $ 232,142 16-17 (YTD) $ 21,576 Discussion: Water System Major projects in fiscal year 2013-14 include construction of a new 20 million gallon concrete reservoir at Deer Valley WTP ($16 million). 16-17 (YTD) 16-17 (Budget) 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. 15-16 14-15 13-14 12-13 $0 $100,000 $200,000 $300,000 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 $41 million has been spent for assessment, rehabilitation and replacement of hydrants, valves, mains and lines. The fiscal year 2016-17 capital budget includes $97.4 million for pipeline and water services construction, rehabilitation and replacement, $20.9 million for the demolition and restoration of the Verde WTP, and $12.6 million for rehabilitation at the Deer Valley WTP. - 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 Sept YTD Actuals $800,000 $600,000 $400,000 Annual Revenues* $200,000 $0 12-13 12-13 13-14 14-15 15-16 16-17 Sept YTD Actuals 204,582 218,035 221,316 219,676 233,453 Annual Revenues* 980,945 1,026,167 1,048,053 1,063,211 1,091,343 13-14 14-15 15-16 16-17 % of Annual Revenues 20.9% 21.2% 21.1% 20.7% 21.4% * - For prior years - total actual revenues, for current year - total approved budget Better than Expected Fiscal year 2016-17 general fund operating revenues are budgeted to increase 2.6% over prior year actuals. Actual revenues through August 2016 are 6.3% 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 250,000 200,000 150,000 90,622 62,012 35,204 49,567 50,484 132,101 143,931 138,243 141,310 12-13 13-14 14-15 15-16 100,000 50,000 145,141 Secondary Primary - FY 12-13 13-14 14-15 15-16 16-17 YTD 16-17 budget Total 194,112 179,136 187,811 191,793 223 235,763 July (1,733) (1,260) (1,107) (981) (1,004) (1,413) Aug 1,349 971 760 641 454 1,001 Sept 904 867 816 857 773 1,072 Oct 11,888 11,107 12,338 15,224 16,317 Nov 54,091 46,645 63,660 60,232 71,959 Dec 31,075 32,028 18,028 21,975 30,394 16-17 YTD Jan 7,015 7,180 8,869 8,268 10,261 Feb 4,743 3,818 2,958 3,815 4,469 16-17 budget Mar 6,670 5,668 5,135 5,779 6,997 Apr 8,323 7,300 9,411 9,409 11,021 May 44,111 44,562 45,939 42,177 55,984 June 25,676 20,250 21,004 24,397 27,701 Note: Monthly budget amount for 13-14 is the average % of last 3 years of the total budget amount Monitor and Consider Taking Action 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 22.9% in fiscal year 2016-17 over fiscal year 2015-16 actuals. - 14 - Local Sales Tax (Dollars in Thousands) Refer to detailed financial schedules pages 22 thru 34 Local Sales Tax Budget vs Actual 40,000 39,000 38,000 37,000 36,000 16-17 Actuals 35,000 16-17 budget 34,000 33,000 32,000 31,000 July Aug Sept Oct Nov Dec Jan Feb Mar Apr May June Year to Date Performance Status Better than Expected Local sales tax revenues through September 2016 are 2.1% above budget. The fiscal year 2016-17 budget includes an increase of 3.0% in local sales tax revenues over fiscal year 2015-16 actuals. Local Sales Tax 3 Year Trend 40,000 38,000 36,000 14-15 Actuals 15-16 Actuals 34,000 16-17 Actuals 32,000 30,000 28,000 1 2 3 4 5 6 7 8 9 10 11 12 Through September 2016 local sales tax revenues are 6.7% higher than the same period in the prior year. Fiscal year 2015-16, local sales tax revenues exceeded fiscal year 2014-15 revenues by 0.1%. 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 16-17 Actuals 16-17 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 Better than Expected State shared sales tax revenues through September 2016 are 1.5% higher than budget expectations for that period. The fiscal year 2016-17 budget includes an increase of 3.0% in state shared sales tax over fiscal year 2015-16 actuals. State Sales Tax 3 Year Trend 16,000 14,000 12,000 10,000 14-15 Actuals 8,000 15-16 Actuals 6,000 16-17 Actuals 4,000 2,000 1 2 3 4 5 6 7 8 9 10 11 12 Fiscal year 2015-16 state shared sales tax revenues were 4.0% higher than fiscal year 2014-15 which were 4.1% higher than fiscal year 2013-14. Through September 2016 state shared sales tax revenues are 4.4% 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 7,000 6,000 5,000 16-17 Actuals 4,000 16-17 budget 3,000 2,000 1,000 July Aug Sept Oct Nov Dec Jan Feb Mar Apr May June Year to Date Performance Status Monitor and Consider Taking Action State shared vehicle license tax revenues through September 2016 are 2.0% lower than budget expectations for the same period. Vehicle License Tax 3 Year Trend 7,000 6,000 14-15 Actuals 5,000 15-16 Actuals 4,000 16-17 Actuals 3,000 2,000 1,000 1 2 3 4 5 6 7 8 9 10 11 12 State shared vehicle license tax revenues for fiscal year 2015-16 were 8.2% higher than fiscal year 2014-15 which were 7.0% over fiscal year 2013-14. Through September 2016 state shared vehicle license tax revenues are 4.4% higher than the same period in the prior year. 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 300,000 250,000 200,000 16-17 Actuals 16-17 budget 150,000 100,000 50,000 July Aug Sept Oct Nov Dec Jan Feb Mar Apr May June Year to Date Performance Status Monitor and Consider Taking Action 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 September 2016 are 2.4% lower than budget expectations for the period. Governmental Funds Revenues 3 Year Trend 300,000 250,000 2014-15 Actuals 200,000 2015-16 Actuals 150,000 2016-17 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 increased 6.9% over fiscal year 2014-15. Through September 2016, governmental funds revenues are 8.5% higher than the same period in the prior fiscal year. 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 16-17 Actuals 20,000 16-17 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 September 2016 are 5.9% higher than budget expectations for the period. Aviation Operating Revenues 3 Year Trend 35,000 30,000 25,000 14-15 Actuals 20,000 15-16 Actuals 15,000 16-17 Actuals 10,000 5,000 1 2 3 4 5 6 7 8 9 10 11 12 Fiscal year 2014-15 aviation operating revenues were 3.0% higher than fiscal year 2013-14. Fiscal year 2015-16 aviation operating revenues were 1.6% higher than fiscal year 2014-15. Through September 2016, aviation operating revenues are 3.7% 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 16-17 Actuals 16-17 budget 30,000 20,000 10,000 July Aug Sept Oct Nov Dec Jan Feb Mar Apr May June Year to Date Performance Status Expected Water system revenues through September 2016 are 0.4% lower than budget expectations for the period. Water System Operating Revenues 3 Year Trend 60,000 50,000 40,000 14-15 Actuals 15-16 Actuals 30,000 16-17 Actuals 20,000 10,000 1 2 3 4 5 6 7 8 9 10 11 12 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 for fiscal year 2015-16 were 6.8% higher than the prior fiscal year. Through September 2016 revenues are 6.5% higher than the same period in the prior 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 20,000 19,500 19,000 18,500 16-17 Actuals 18,000 16-17 budget 17,500 17,000 16,500 16,000 July Aug Sept Oct Nov Dec Jan Feb Mar Apr May June Year to Date Performance Status Better than Expected Wastewater revenues through September 2016 are 2.2% above budget expectations for the period. Wastewater Operating Revenues 3 Year Trend 25,000 20,000 14-15 Actuals 15,000 15-16 Actuals 16-17 Actuals 10,000 5,000 1 2 3 4 5 6 7 8 9 10 Click Here for Additional Information - 21 - 11 12 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 SEPTEMBER 30 (dollars in thousands) Budget Estimate 2016-2017 Actual Year-to-Date 2016-2017 2015-2016 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 $ $ 433,000 2,455 $ 111,947 169 $ 104,956 174 141,696 187,210 61,042 145,141 2,786 10,090 33,954 47,837 14,951 101 736 171 32,529 43,559 14,315 388 647 (10) 14,327 915 13,803 672 7,818 1,680 3,472 2,920 226 2,482 197 1,759 489 1,136 3,761 174 2,169 156 1,395 407 841 34,700 12,299 3,500 14,737 8,991 2,020 868 2,499 8,341 2,260 780 2,834 1,091,343 - 22 - $ 233,453 $ 219,676 General Fund Expenditures As of SEPTEMBER 30 (dollars in thousands) Actual Year-to-Date 2016-2017 2015-2016 Budget Estimate 2016-2017 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 2,361 36,081 1,959 2,552 20,266 2,777 4,230 10,745 3,281 23,274 2,104 114,998 Criminal Justice Municipal Court Public Defender Total Criminal Justice $ 28,112 5,094 33,206 Public Safety Police Fire Others Total Public Safety 333 $ 815 897 9,427 440 515 4,781 548 1,121 2,522 921 7,963 822 31,105 6,784 1,092 7,876 498,786 273,282 92 772,160 136,590 66,504 (74) 203,020 343 764 791 7,349 399 545 4,445 495 1,040 2,129 752 8,532 1,230 28,814 6,754 3,959 10,713 130,277 62,191 130 192,598 Transportation Street Transportation Public Transit Total Transportation 20,272 1,652 21,924 3,045 1,663 4,708 13,881 4,418 18,299 Community Development Economic Development Neighborhood Services Department Planning and Development Others Total Community Development 5,064 12,115 4,321 54 21,554 1,274 2,652 923 12 4,861 1,220 3,013 995 12 5,240 Community Enrichment Parks and Recreation Library Human Services Others Total Community Enrichment 91,391 35,282 18,511 5,824 151,008 25,821 8,899 3,702 2,190 40,612 24,491 8,242 3,439 1,836 38,008 Environmental Services Public Works Environmental Programs Total Environmental Services 13,616 669 14,285 1,109 14 1,123 8,423 136 8,559 9,926 1,256 194 83,146 - Capital Improvement Contingencies Total Expenditures and Encumbrances $ 1,222,207 - 23 - $ 294,561 $ 302,425 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 SEPTEMBER 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 433,000 2,455 $ $ 111,947 169 $ $ 141,696 187,210 61,042 145,141 2,786 10,090 15,242 13,803 672 7,818 1,680 3,472 46,999 3,500 14,737 $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ 33,954 47,837 14,951 101 736 171 3,146 2,482 197 1,759 489 1,136 11,011 868 2,499 $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ 1,091,343 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 29,933 86,075 29,991 6,020 263,220 4,089 47,058 12,051 27,518 116,542 48,139 5,414 47,391 294,816 95,364 Total Special Revenue and Debt Service Funds Total Enterprise Funds $ 233,453 $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ 7,225 17,185 7,634 744 60,965 940 19,501 2,991 3,292 28,368 7,686 1,746 7,702 49,029 123 104,956 174 32,529 43,559 14,315 388 647 (10) 3,935 2,169 156 1,395 407 841 10,601 780 2,834 219,676 $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ 6,832 21,460 6,841 884 42,224 980 17,403 3,316 3,097 26,720 9,999 1,655 8,855 43,543 130 1,113,621 215,131 341,495 64,247 420,996 223,816 147,789 87,370 12,526 140,938 57,533 37,332 1,198,343 335,699 322,291 784,283 $ 735,906 Enterprise Funds Aviation Convention Center Water System Wastewater Solid Waste Total Operating Revenues Actual Year-to-Date 2016-2017 2015-2016 Budget Estimate 2016-2017 3,403,307 - 24 - $ 193,939 $ $ $ $ $ 84,282 12,764 132,349 55,805 37,091 Citywide Operating Expenditures As of SEPTEMBER 30 (dollars in thousands) Source General Government General Funds Other Funds Total General Government Actual Year-to-Date 2016-2017 2015-2016 Budget 2016-2017 31,105 $ 4,088 35,193 28,814 3,531 32,345 33,206 14,912 48,118 7,876 2,363 10,239 10,713 2,103 12,816 Public Safety General Funds Other Funds Total Public Safety 772,160 162,014 934,174 203,020 33,612 236,632 192,598 29,751 222,349 Transportation General Funds Other Funds Total Transportation 21,924 650,064 671,988 4,708 268,515 273,223 18,299 242,078 260,377 Community Development General Funds Other Funds Total Community Development 21,554 204,474 226,028 4,861 42,166 47,027 5,240 40,257 45,497 Community Enrichment General Funds Other Funds Total Community Enrichment 151,008 147,784 298,792 40,612 33,921 74,533 38,008 33,544 71,552 Environmental Services General Funds Other Funds Total Environmental Services 14,285 612,416 626,701 1,123 155,779 156,902 8,559 133,325 141,884 Debt Service General Funds Other Funds Total Debt Service 137,966 137,966 34,696 34,696 38,171 38,171 Capital Improvement General Funds Other Funds Total Capital Improvement 9,926 729,524 739,450 1,256 76,999 78,255 194 73,194 73,388 Contingencies General Funds Other Funds Total Contingencies 83,146 51,500 134,646 - - $ Criminal Justice General Funds Other Funds Total Criminal Justice Total Operating General Funds Other Funds Total Operating Budget $ 114,998 24,122 139,120 1,222,207 2,734,776 3,956,983 $ $ - 25 - 294,561 652,139 946,700 $ 302,425 595,954 898,379 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 SEPTEMBER 30 2016 2015 Budget Estimate 2016-2017 Source Actual Year-to-Date 2016-2017 2015-2016 General Funds $ 35,079,363 51,969 Local Taxes: Sales Taxes Privilege License Fees 36,961,860 35,131,332 Total Local Taxes 435,455,000 112,116,100 105,129,230 11,657,798 15,945,590 4,845,867 11,236,781 14,519,502 4,086,787 State Shared Taxes: State Sales Tax State Income Tax Vehicle License Tax 141,696,000 187,210,000 61,042,000 33,954,137 47,836,770 14,950,766 32,528,937 43,558,505 14,314,942 32,449,255 29,843,070 389,948,000 96,741,673 90,402,384 513,506 629,165 Primary Property Tax 145,141,000 100,507 388,563 257,908 287,784 Licenses and Permits 2,786,000 736,162 647,053 (10,000) Cable Communications 10,090,000 170,730 Municipal Court: Fines and Forfeitures Court Default Fee 14,326,586 915,000 2,920,016 226,493 3,760,808 174,097 15,241,586 3,146,509 3,934,905 13,803,108 2,481,834 2,169,173 672,215 197,275 156,093 36,903,690 58,170 25 $ 974,203 72,142 1,184,058 55,601 1,046,345 1,239,659 1,304,097 (13,588) $ Total State Shared Taxes Total Municipal Court Police $ 111,947,270 168,830 $ 104,955,573 173,657 (9,950) 114,092 67,495 463,443 290,628 Parks and Recreation 7,817,520 1,759,234 1,394,734 164,050 168,228 Planning and Development 1,679,900 488,816 406,856 215,515 (684,460) Street Transportation 3,472,000 1,136,059 841,580 34,700,000 1,550,000 10,749,485 8,991,490 197,171 1,823,044 8,340,806 196,290 2,064,020 46,999,485 11,011,705 10,601,116 3,500,000 867,791 779,622 14,737,022 2,498,673 2,834,221 1,091,342,836 233,453,068 219,675,580 1,882,379 74,200 217,962 2,604,222 75,565 244,647 2,174,541 2,924,434 276,439 250,462 747,156 1,105,555 76,688,232 71,229,764 Library Fees 433,000,000 2,455,000 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 SEPTEMBER 30 2016 2015 Budget Estimate 2016-2017 Source Actual Year-to-Date 2016-2017 2015-2016 Special Revenue and Debt Service Funds $ 1,641,596 117,257 586,284 55,061 $ 1,548,288 110,592 552,960 31,294 2,400,198 2,243,134 3,748,396 935,712 8,580 5,324,134 1,978,890 (3,915) 4,692,688 7,299,109 2,796,293 2,238,744 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 $ 20,744,000 1,481,000 7,413,000 295,376 $ 4,971,641 355,118 1,775,586 122,885 $ 4,734,143 338,153 1,690,765 68,664 29,933,376 7,225,230 6,831,725 64,007,000 22,023,000 45,000 13,152,806 3,937,456 94,657 15,747,942 5,725,030 (12,592) 86,075,000 17,184,919 21,460,380 29,991,315 7,634,039 6,840,960 3,710,739 0 2,225,017 (10,000) 94,257 319,210 0 381,595 181 43,390 477,135 82 382,993 394 23,174 6,020,013 744,376 883,778 206,782,000 56,438,091 47,559,669 13,405,792 26,920,742 15,303,340 263,220,091 60,965,461 42,224,082 4,088,873 940,000 980,000 127,687 0 164,970 (100) 18,595 130,048 0 142,774 21 19,896 311,152 292,739 15,761,321 11,171,290 8,844,940 4,242,048 26,932,611 13,086,988 0 0 4,648,957 4,288,504 Planning and Development 47,058,000 19,500,755 17,402,898 1,009,732 1,101,408 Capital Construction 12,051,000 2,990,813 3,316,028 1,016,758 20,381 1,001,796 10,037 Sports Facilities: Sales Taxes Interest/Other 18,702,000 8,815,726 3,232,788 58,913 3,066,043 30,633 1,037,139 1,011,833 27,517,726 3,291,701 3,096,676 Total Golf Courses Transit 2000 & 2050: Sales Taxes Interest/Other Total Transit 2000 & 2050 Court Awards Total Sports Facilities - 27 - Citywide Operating Revenue by Source (continued) For the Month Ended SEPTEMBER 30 2016 2015 Budget Estimate 2016-2017 Source Actual Year-to-Date 2016-2017 2015-2016 Special Revenue and Debt Service Funds (Cont'd) $ 9,307,346 51,893 273,900 9,093,327 48,916 300 9,633,139 9,142,543 (48,357) $ 2,287,094 Highway User Revenue: Highway User Revenue Interest Other Total Highway User Revenue Regional Transit Revenues 34,339 8,413 1,673,934 1,803,416 Other Restricted Fees 520,373 5,458,260 271,926 Grants: Public Housing: Rentals Grants Other 529,419 5,377,070 2,677,081 $ 8,583,570 6,250,559 3,950,924 2,465,669 2,102 10,101,123 3,580,373 794,315 37,919 2,904,182 16,519,818 7,316,789 25,103,388 13,567,348 259,234 139 228,325 50 259,373 228,375 80,484,586 58,599,648 Community Reinvestment $ Total Public Housing 115,992,000 400,000 150,000 27,943,346 148,337 276,654 26,491,454 132,858 95,914 116,542,000 28,368,337 26,720,226 48,139,440 7,686,071 9,999,164 5,413,996 1,746,453 1,655,000 47,391,330 7,701,586 8,855,236 6,457,040 79,392,390 6,174,228 $ 2,000,534 16,197,086 3,557,860 $ 1,538,163 16,034,556 1,311,624 92,023,658 21,755,480 18,884,343 43,099,854 82,258,927 39,982,633 37,451,348 7,452,138 8,823,885 1,507,857 9,489,812 7,081,251 2,486,242 4,397,902 10,693,514 Total Other 202,792,762 27,273,692 24,658,909 Total Grants 294,816,420 49,029,172 43,543,252 90,622,120 4,741,740 121,636 139 129,790 222 95,363,860 121,775 130,012 1,113,622,440 215,130,688 193,939,417 137,300,000 194,137,000 1,500,000 3,339,000 2,193,000 3,025,500 - 25,266,757 58,878,651 493,109 1,212,158 563,836 729,577 226,327 24,735,721 56,821,229 494,268 799,708 565,246 745,165 120,745 341,494,500 87,370,415 84,282,082 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: 8,327,192 19,867,478 170,852 426,778 181,793 242,362 62,617 8,275,547 19,035,387 157,327 249,267 187,114 245,769 312 29,279,072 28,150,723 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 SEPTEMBER 30 2016 2015 Budget Estimate 2016-2017 Source Actual Year-to-Date 2016-2017 2015-2016 Enterprise Funds (Cont'd) CONVENTION CENTER: $ 3,242,182 541,067 35,266 3,048,156 473,722 25,028 3,818,515 3,546,906 Excise Taxes Operating Revenue Interest Total Convention Center 46,726,000 17,303,084 218,012 9,959,443 2,463,755 102,752 9,559,681 3,125,441 78,772 64,247,096 12,525,950 12,763,894 WATER SYSTEM: $ 41,716,232 $ 401,861 412,298 583,739 333,060 184,382 (18,154) 39,381,483 506,839 306,279 1,100,636 264,720 176,303 498,336 43,613,418 42,234,596 Water Sales Water Service Fees Distribution Intergovernmental Development Fees Interest Other $ Total Water System 397,081,000 6,000,000 4,070,000 6,317,000 3,100,000 2,897,000 1,531,000 $ 134,262,656 1,211,180 1,827,156 2,543,710 807,600 527,348 (242,028) $ 125,191,194 1,483,156 2,283,085 1,652,212 797,160 501,954 440,478 420,996,000 140,937,622 132,349,239 192,431,000 15,822,000 3,100,000 1,435,000 11,028,000 47,657,901 5,238,830 767,460 434,421 3,434,417 46,536,709 5,115,706 765,180 367,663 3,019,398 223,816,000 57,533,029 55,804,656 129,906,427 8,647,399 305,000 8,929,739 32,304,513 2,182,105 167,147 2,678,009 32,150,439 2,187,674 141,832 2,611,299 147,788,565 37,331,774 37,091,244 1,198,342,161 335,698,790 322,291,115 WASTEWATER: 16,011,794 1,714,671 334,620 145,885 1,130,439 15,584,995 3,431,300 265,260 125,561 1,763,861 19,337,409 21,170,977 Sewer Service Charges Multi-City Development Fees Interest Other Total Wastewater SOLID WASTE: $ 10,769,348 740,991 55,788 980,776 10,709,888 1,054,754 47,883 930,773 12,546,903 12,743,298 108,595,317 107,846,500 265,768,135 $ 237,675,912 Collection Fees Landfill Fees Interest Other Total Solid Waste Total Enterprise Funds Total Operating Revenues $ - 29 - 3,403,307,437 $ 784,282,546 $ 735,906,112 Citywide Operating Expenditures by Program For the Month Ended SEPTEMBER 30 2016 2015 Budget Estimate 2016-2017 Program Actual Year-to-Date 2016-2017 2015-2016 2016-2017 Year-to-Date Operating Expenditures & Encumbrances Capital Operations and Debt General Government $ 123,813 276,861 316,461 2,935,502 30,891 193,054 210,523 1,793,898 165,750 624,952 2,381 992,229 55,278 57,452 161,736 9,158 326,718 7,308,416 1,376,005 $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ 126,602 268,354 271,321 1,943,502 58,672 157,876 293,120 1,655,992 176,493 375,930 226,502 817,784 55,051 39,340 148,620 14,371 259,381 1,732,595 1,935,328 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 $ 1,831,303 3,536,511 2,434,048 39,031,830 1,106,274 2,312,584 2,993,238 21,174,127 2,776,856 4,230,396 483,110 12,095,007 423,470 965,149 90,813 3,281,194 35,268,429 5,085,426 $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ 332,876 814,512 974,250 10,092,456 134,970 559,602 605,748 5,085,550 547,937 1,120,528 10,133 3,024,432 181,544 159,427 472,218 26,639 920,961 8,904,575 1,225,107 $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ 343,352 763,707 826,605 7,892,938 169,225 478,401 705,997 4,633,024 495,397 1,040,508 488,633 2,416,811 151,504 160,054 391,994 28,689 751,992 9,198,316 1,407,384 $ 332,876 814,512 974,250 9,639,333 134,970 559,602 605,748 5,085,550 547,937 1,120,528 10,133 2,810,679 181,544 159,427 472,218 26,639 920,961 8,507,077 1,225,107 453,123 213,753 397,498 - - - Planning - $ - $ - - - - - Engineering and Architectural Services * - $ - $ - - - 16,961,078 10,556,834 Total General Government 139,119,765 35,193,465 32,344,531 34,129,091 1,064,374 8,857,153 3,958,425 - 7,299,324 1,092,209 - 1,847,395 - 12,815,578 8,391,533 1,847,395 149,281,048 72,785,876 282,160 157,140,913 77,420,123 188,057 1,305,763 576,789 - 222,349,084 234,749,093 1,882,552 Criminal Justice 2,970,601 381,909 - $ $ $ 3,352,510 3,308,408 130,769 3,439,177 Municipal Court Public Defender Other Total Criminal Justice 43,023,685 5,093,954 - $ $ $ 48,117,639 9,146,719 1,092,209 - $ $ $ 10,238,928 Public Safety 51,970,147 $ 28,430,837 $ (19,866) $ 49,107,517 23,913,329 188,690 80,381,118 73,209,536 Police Fire Other Total Public Safety 613,942,012 319,414,035 817,576 $ $ $ 934,173,623 158,446,676 77,996,912 188,057 236,631,645 - 30 - $ $ $ Citywide Operating Expenditures by Program (continued) For the Month Ended SEPTEMBER 30 2016 2015 Budget Estimate 2016-2017 Program Actual Year-to-Date 2016-2017 2015-2016 2016-2017 Year-to-Date Operating Expenditures & Encumbrances Capital Operations and Debt Transportation $ 3,881,607 925,152 23,732,213 7,543,852 $ $ $ $ 36,082,824 2,963,422 1,092,758 25,017,981 43,715,634 72,789,795 Street Transportation Street Lighting Aviation Public Transit Total Transportation $ 63,631,138 11,223,396 300,867,783 296,265,820 $ $ $ $ 671,988,137 14,201,511 2,762,071 73,802,342 182,456,797 $ $ $ $ 273,222,721 12,608,002 2,888,387 67,055,816 177,825,009 $ $ $ $ 260,377,214 14,099,835 2,762,071 59,638,141 164,156,533 $ $ $ $ 240,656,580 101,676 14,164,201 18,300,264 32,566,141 Community Development 4,118,137 7,144,102 2,022,798 2,647,855 $ $ $ $ 15,932,892 3,313,977 6,740,836 2,148,435 2,348,088 Planning and Development Housing Economic Development Neighborhood Services Department 53,383,420 91,468,988 27,958,662 53,217,436 14,551,336 Total Community Development 226,028,506 $ $ $ $ 11,962,822 22,861,965 6,029,862 6,172,218 $ $ $ $ 47,026,867 9,729,162 21,632,958 7,560,684 6,574,570 $ $ $ $ 45,497,374 11,962,822 22,843,628 5,147,330 6,172,218 $ $ $ $ 46,125,998 18,337 882,532 900,869 Community Enrichment 8,725,495 3,447,984 492,110 4,829,728 980,381 5,634,677 358,413 229,065 24,697,853 $ $ $ $ $ $ $ $ 8,420,567 3,067,954 210,248 5,211,333 943,015 5,672,090 339,179 361,550 24,225,936 Parks and Recreation Library Golf Convention Center Sports and Cultural Facilities Human Services Public Parking Facilities Other Total Community Enrichment 100,896,979 35,786,355 5,683,994 62,561,583 21,323,644 63,044,520 5,369,072 4,126,369 $ $ $ $ $ $ $ $ 298,792,516 27,621,632 9,012,612 1,428,298 14,722,552 2,977,262 15,404,942 1,739,415 1,626,482 74,533,195 - 31 - $ $ $ $ $ $ $ $ 26,515,322 8,362,112 1,204,469 14,770,200 2,832,338 15,209,017 1,286,476 1,371,657 71,551,591 $ $ $ $ $ $ $ $ 27,519,050 9,012,612 1,428,298 9,781,122 15,331,907 1,739,415 1,626,482 66,438,886 $ $ $ $ $ $ $ $ 102,582 4,941,430 2,977,262 73,035 8,094,309 Citywide Operating Expenditures by Program (continued) For the Month Ended SEPTEMBER 30 2016 2015 Budget Estimate 2016-2017 Program Actual Year-to-Date 2016-2017 2015-2016 2016-2017 Year-to-Date Operating Expenditures & Encumbrances Capital Operations and Debt Environmental Services $ 24,550,311 12,372,662 11,769,033 (419,296) (436,794) $ $ $ $ $ 47,835,916 25,543,541 12,081,475 7,919,021 7,584,704 122,731 53,251,472 Water System Wastewater Solid Waste Management Public Works Environmental Programs Total Environmental Services $ 310,106,196 150,254,281 143,052,099 21,871,143 1,416,815 $ $ $ $ $ 626,700,534 77,879,677 37,912,187 38,341,901 2,970,515 (202,447) $ $ $ $ $ 156,901,833 70,365,838 32,958,145 28,148,433 10,080,280 331,789 $ $ $ $ $ 141,884,485 51,200,234 20,886,028 35,416,600 1,121,219 (202,447) 108,421,634 26,679,443 17,026,159 2,925,301 1,849,296 48,480,199 General Obligation Debt Service 16,420 1,292,610 2,362,056 69,262 377,390 28,508 1,113,167 173,095 587,336 536,321 106,581 1,141,994 32,525 574,148 443,902 180,848 212,750 115,327 1,330,650 423,786 512 552,718 $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ 11,671,906 30,053,644 $ 266,969,741 $ $ 16,420 1,214,796 2,366,799 69,430 404,942 33,321 1,134,549 173,496 451,049 628,009 117,323 1,045,464 74,592 582,627 521,113 657,380 115,073 1,258,618 425,244 513 1,433,028 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 197,050 15,511,312 28,344,673 831,150 4,528,684 342,100 13,357,995 2,077,138 7,048,023 6,435,857 1,278,972 13,703,919 390,300 6,889,780 5,326,824 2,621,013 1,250 1,383,925 15,967,791 5,085,434 6,150 6,636,627 $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ 12,723,786 Total Debt Service 137,965,967 11,055,345 Capital Improvement 739,449,828 $ Contingencies 134,646,000 $ 275,803,217 Total Operating Budget 49,262 3,877,828 7,086,168 207,787 1,132,171 85,525 3,339,499 519,285 1,762,006 1,608,964 319,743 3,425,980 97,575 1,722,445 1,331,706 542,545 318,750 345,981 3,991,948 1,271,358 1,537 1,658,154 $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ 34,696,217 3,956,982,515 78,255,025 946,699,896 - 32 - 49,262 3,644,390 7,100,396 208,288 1,214,827 99,963 3,403,646 520,487 1,353,146 1,884,027 351,968 3,136,391 223,775 1,747,882 1,563,340 1,972,141 345,219 3,775,854 1,275,733 1,538 4,299,085 $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ 38,171,358 $ $ 73,388,215 898,379,430 49,262 3,877,828 7,086,168 207,787 1,132,171 85,525 3,339,499 519,285 1,762,006 1,608,964 319,743 3,425,980 97,575 1,722,445 1,331,706 542,545 318,750 345,981 3,991,948 1,271,358 1,537 1,658,154 - 34,696,217 - $ - $ 773,609,032 78,255,025 173,090,864 Capital Expenditures and Encumbrances 2015-2016 Actual Yearto-Date 2016-2017 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 $ 11,330,679 1,200,000 11,413,707 669,511 14,804,412 1,178,482 22,284,888 600,000 57,947,399 629,126 4,816,031 82,073,710 965,000 156,367,083 8,561,919 232,918,410 $ 26,645 334,911 432,355 64,940 226,791 10,807 2,149,615 9,612,508 3,812 226,885 1,377,933 313,617 22,736,906 1,311,245 17,424,493 3,105,160 661,877 96,813 99,297 91,744 11,615 3,308,478 855 7,106,684 10,050 56,357 4,532,275 1,724,665 7,362,120 401,310 8,906,730 $ 608,878,256 $ 56,253,463 $ 37,476,030 $ $ 223,028,686 23,212,500 30,145,097 150,715,033 232,142,011 659,243,327 $ 1,268,121,583 $ $ 38,634,036 5,224,390 2,551,004 4,758,773 21,576,292 72,744,495 $ 128,997,958 $ $ 386,760,121 5,204,504 433,442 2,207,739 18,033,705 412,639,511 $ 450,115,541 2016-2017 Year-to-Date Capital Amounts From Capital Funds From Operating Funds Budget Actual Budget Actual $ $ $ 43,899 $ 11,330,679 1,200,000 8,178,707 368,231 14,337,250 13,978,065 9,263,393 200,000 2,543,653 62,019,051 900,000 136,524,247 138,112,127 26,645 334,911 432,355 35,717 121,472 873,964 2,636,357 1,116 221,778 1,368,621 305,317 22,563,312 14,637,653 398,999,302 $ 43,559,218 $ 67,466,730 2,763,500 28,944,000 66,911,650 174,364,646 340,450,526 $ 739,449,828 - 33 - $ $ 8,117,693 112,140 2,485,615 4,359,162 19,621,197 34,695,807 $ 78,255,025 $ $ $ 1,074,000 $ 3,235,000 301,280 467,162 1,178,482 8,306,823 600,000 48,684,006 429,126 2,272,378 20,054,659 65,000 19,842,836 8,561,919 94,806,283 29,223 105,319 10,807 1,275,651 6,976,151 2,696 5,107 9,312 8,300 173,594 1,311,245 2,786,840 209,878,954 $ 12,694,245 $ 155,561,956 20,449,000 1,201,097 83,803,383 57,777,365 318,792,801 $ 528,671,755 $ Unencumbered Budget $ 1,117,899 11,304,034 865,089 10,981,352 604,571 14,577,621 1,167,675 20,135,273 600,000 48,334,891 625,314 4,589,146 80,695,777 651,383 133,630,177 7,250,674 215,493,917 $ 552,624,793 $ 30,516,343 5,112,250 65,389 399,611 1,955,095 38,048,688 $ $ 184,394,650 17,988,110 27,594,093 145,956,260 210,565,719 586,498,832 $ 50,742,933 $ 1,139,123,625 Bonds Authorized and Sold As of SEPTEMBER 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 $ 2,689,750 - 34 - $ 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 12-13 Actuals 40,000 13-14 Actuals 35,000 14-15 Actuals 15-16 Actuals 30,000 16-17 Actuals 25,000 16-17 budget 20,000 15,000 July FY 12-13 13-14 14-15 15-16 16-17 16-17 budget July 34,005 36,360 35,365 34,740 35,857 36,447 Aug Aug 34,276 35,589 36,414 35,137 39,187 36,692 Sept Sept 34,254 35,873 35,290 35,079 36,904 36,454 Oct YTD thru September 102,535 107,822 107,068 104,956 111,947 109,593 Nov Dec Oct 33,337 35,068 34,621 35,459 35,932 Jan Nov 33,430 34,363 33,033 34,433 35,095 Feb Dec 32,504 32,474 35,062 32,783 34,463 Mar Jan 36,527 40,116 37,227 37,567 39,293 Note: City of Phoenix revenue is budgeted on an annual basis. 2016-17 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 2015-16 actual revenues. Return to Summary Page - A1 - Apr Feb 32,542 32,084 34,432 32,793 34,211 May Mar 32,047 32,147 34,938 33,135 34,319 June Apr 34,911 35,988 37,203 36,307 37,469 May 34,699 33,165 33,049 34,236 35,067 June 38,243 34,898 33,017 38,598 37,558 State Sales Tax (Dollars in Thousands) State Sales Tax 15,000 12-13 Actuals 14,000 13-14 Actuals 13,000 14-15 Actuals 12,000 15-16 Actuals 11,000 16-17 Actuals 16-17 budget 10,000 9,000 8,000 7,000 6,000 5,000 July FY 12-13 13-14 14-15 15-16 16-17 16-17 budget Aug July 9,907 10,309 11,103 11,070 11,269 11,652 Sept Aug 8,755 9,616 9,712 10,222 11,027 10,529 Sept 9,240 10,012 10,552 11,237 11,658 11,281 Oct YTD thru September 27,902 29,936 31,367 32,529 33,954 33,462 Nov Dec Oct 9,229 9,923 10,307 10,688 11,035 Jan Nov 9,456 9,673 10,295 11,100 11,139 Feb Dec 9,462 10,296 10,695 11,623 11,566 Mar Jan 11,986 12,744 13,173 13,760 14,201 Note: City of Phoenix revenue is budgeted on an annual basis. 2016-17 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 2015-16 actual revenues. Return to Summary Page - A2 - Apr Feb 9,270 10,430 10,244 10,375 11,082 May Mar 9,887 10,506 10,861 11,139 11,653 June Apr 11,037 11,285 12,265 12,975 13,074 May 9,902 10,863 11,697 11,470 12,075 June 10,599 11,350 11,314 11,886 12,409 Vehicle License Tax (Dollars in Thousands) Vehicle License Tax 6,000 12-13 Actuals 5,500 13-14 Actuals 5,000 14-15 Actuals 4,500 15-16 Actuals 4,000 16-17 Actuals 3,500 16-17 budget 3,000 2,500 2,000 July FY 12-13 13-14 14-15 15-16 16-17 Budget 16-17 Aug July 4,493 4,752 4,963 5,095 5,712 5,477 Sept Aug 3,982 4,663 5,004 5,133 4,393 5,329 Oct Sept 3,852 3,992 3,749 4,087 4,846 4,449 Nov YTD thru September 12,327 13,407 13,716 14,315 14,951 15,255 Dec Oct 3,535 3,912 4,415 4,922 4,762 Jan Nov 3,582 3,958 4,198 4,291 4,548 Feb Dec 3,993 3,872 3,857 4,550 4,617 Mar Jan 3,572 3,936 4,661 5,195 4,926 Note: City of Phoenix revenue is budgeted on an annual basis. 2016-17 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 2015-16 actual revenues. Return to Summary Page - A3 - Apr Feb 4,141 4,799 4,920 5,024 5,358 May Mar 4,623 4,559 4,984 5,065 5,456 June Apr 3,676 3,826 4,408 5,512 4,942 May 4,088 4,643 5,108 4,943 5,328 June 4,834 4,778 5,027 5,983 5,850 Governmental Funds Revenue (Dollars in Thousands) Governmental Funds Revenue 240,000 2012-13 Actuals 220,000 2013-14 Actuals 200,000 2014-15 Actuals 180,000 2015-16 Actuals 160,000 2016-17 Actuals 16-17 budget 140,000 120,000 100,000 80,000 60,000 40,000 20,000 July FY 12-13 13-14 14-15 15-16 16-17 Budget 16-17 July 117,069 125,711 127,962 128,588 125,592 142,419 Aug Aug 123,710 137,320 138,394 155,197 165,819 158,810 Sept Sept 131,313 157,974 133,016 129,829 157,173 158,548 Oct YTD thru September 372,092 421,004 399,372 413,615 448,584 459,777 Nov Oct 145,692 143,773 155,801 160,655 172,842 Dec Nov 188,162 188,461 193,744 195,040 217,504 Jan Dec 167,796 169,767 162,290 172,648 192,272 Feb Mar Jan 160,895 153,911 151,099 160,567 178,935 Feb 134,498 132,551 144,296 141,861 158,278 Note: City of Phoenix revenue is budgeted on an annual basis. 2016-17 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 2015-16 actual revenues. Return to Summary Page - A4 - Apr Mar 142,641 144,892 150,768 160,707 172,229 May Apr 160,782 162,046 169,860 173,752 191,738 June May 182,000 204,907 192,623 193,402 220,777 June 241,207 177,153 167,673 244,902 240,614 Aviation Revenues (Dollars in Thousands) Aviation Operating Revenues 40,000 12-13 Actuals 35,000 13-14 Actuals 14-15 Actuals 30,000 15-16 Actuals 25,000 2016-17 Actuals 16-17 budget 20,000 15,000 10,000 July FY 12-13 13-14 14-15 15-16 16-17 Budget 16-17 Aug July 28,080 31,036 27,544 28,758 28,314 28,922 Sept Aug 26,231 22,760 26,594 27,373 29,777 25,800 Oct Sept 28,144 26,677 27,855 28,151 29,279 27,771 Nov YTD thru September 82,456 80,473 81,994 84,282 87,370 82,493 Dec Jan Oct 30,124 26,505 26,489 29,050 28,108 Nov 26,471 26,222 27,610 29,039 27,399 Feb Dec 28,146 27,171 27,853 25,795 27,305 Mar Apr Jan 27,054 26,659 27,917 28,789 27,669 Feb 27,884 26,561 26,683 27,161 27,136 Note: City of Phoenix revenue is budgeted on an annual basis. 2016-17 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 2015-16 actual revenues. Return to Summary Page - A5 - May Mar 31,100 28,352 30,414 31,530 30,420 June Apr 34,980 31,467 32,304 30,759 32,453 May 31,020 29,350 29,251 29,439 29,834 June 28,463 27,200 29,272 29,507 28,677 Water System Revenues (Dollars in Thousands) Water System Operating Revenues 80,000 12-13 Actuals 75,000 70,000 13-14 Actuals 65,000 60,000 14-15 Actuals 55,000 15-16 Actuals 50,000 45,000 16-17 Actuals 40,000 16-17 budget 35,000 30,000 25,000 20,000 15,000 10,000 July FY 12-13 13-14 14-15 15-16 16-17 Budget 16-17 Aug July 79,417 49,017 50,166 47,014 50,220 52,726 Sept Aug 42,419 42,137 40,684 43,100 47,104 45,414 Oct Sept 42,446 41,144 36,711 42,235 43,613 43,310 Nov YTD thru September 164,283 132,298 127,561 132,349 140,938 141,450 Dec Jan Oct 34,197 34,917 30,601 34,778 36,172 Nov 36,338 34,774 32,130 30,252 35,039 Feb Dec 25,523 22,327 24,573 24,406 25,717 Mar Apr Jan 21,738 22,872 21,031 22,460 23,934 Feb 18,711 21,185 19,044 19,179 21,425 Note: City of Phoenix revenue is budgeted on an annual basis. 2016-17 monthly budget amounts are based on an allocation of the annual budget. Monthly budget amounts are calculated based on an allocation of FY 2013-14 through FY 2015-16 actual revenues. Return to Summary Page - A6 - May Mar 21,386 21,993 20,725 24,487 24,238 June Apr 30,809 29,578 31,472 32,097 33,594 May 34,663 36,292 32,249 34,122 37,025 June 37,680 42,563 32,329 42,680 42,402 Wastewater Revenues (Dollars in Thousands) Wastewater Operating Revenues 12-13 Actuals 27,000 13-14 Actuals 14-15 Actuals 22,000 15-16 Actuals 16-17 Actuals 16-17 budget 17,000 12,000 7,000 2,000 July FY 12-13 13-14 14-15 15-16 16-17 Budget 16-17 Aug July 17,547 17,634 18,325 16,156 18,836 17,763 Sept Aug 18,057 18,252 18,520 18,477 19,359 18,832 Oct Sept 17,930 18,224 18,337 21,171 19,337 19,677 Nov YTD thru September 53,534 54,110 55,181 55,805 57,533 56,272 Dec Oct 17,684 17,798 17,754 18,058 18,273 Jan Nov 20,958 20,452 17,529 17,530 18,921 Feb Dec 17,744 17,763 18,276 18,697 18,656 Mar Jan 25,337 17,618 18,183 19,384 18,809 Note: City of Phoenix revenue is budgeted on an annual basis. 2016-17 monthly budget amounts are based on an allocation of the annual budget. Monthly budget amounts are calculated based on an allocation of FY 2013-14 through FY 2015-16 actual revenues. Return to Summary Page - A7 - Apr Feb 17,663 18,058 17,960 18,385 18,543 May Mar 14,263 14,986 17,538 18,659 17,445 June Apr 17,865 18,386 18,112 21,363 19,722 May 17,982 18,299 17,762 18,555 18,616 June 14,638 16,909 18,253 19,289 18,559