December 2017
Monthly Financial Report

PREPARED BY
Financial Accounting & Reporting Division

City of Phoenix

Monthly Financial Report
December 2017
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

Better than Expected

be taken directly to that page of the report.

Transportation

3

Monitor and Consider Taking Action

Community Development

3

Better than Expected

Community Enrichment

4

Expected

Environmental Services

4

Monitor and Consider Taking Action

Citywide Total Operating Expenditures

5

Better than Expected

General Government
Criminal Justice

5
6

Better than Expected
Better than Expected

Performance Status

Public Safety

6

Better than Expected

Better than Expected - Positive variance of

Transportation

7

Monitor and Consider Taking Action

Community Development

7

Better than Expected

Community Enrichment

8

Monitor and Consider Taking Action

Environmental Services

8

Expected

Monitor and Consider Taking Action - Negative

General Obligation Debt Service

9

Expected

variance greater than 1% actual vs budget.

From any page of the report, click on the
City of Phoenix Bird Emblem to return to the
Table of Contents

Citywide Expenditures

greater than 1% actual vs budget.
Expected - Actual vs budget variance within 1%
positive or negative.

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

Property Tax

14

Better than Expected

Local Sales Tax

15

Monitor and Consider Taking Action

State Sales Tax

16

Better than Expected

Vehicle License Tax

17

Better than Expected

Governmental Funds

18

Expected

Aviation

19

Better than Expected

Water System

20

Better than Expected

Wastewater

21

Better than Expected

Financial Schedules

Page

General Fund Revenue

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

Better than Expected

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

December General Fund YTD Expenditures (Dollars in Thousands)

Refer to detailed financial schedules pages 22 thru 34

Total General Fund Expenditures

13-14
14-15
15-16
16-17
17-18

December YTD Annual
% of Annual
Expenditures
Expenditures * Expenditures
537,686
1,042,102
51.6%
540,413
1,051,395
51.4%
550,771
1,066,521
51.6%
567,985
1,105,361
51.4%
604,753
1,221,842
49.5%

* - 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
$1,400,000
$1,200,000
$1,200,000
$1,000,000
$1,000,000
$800,000
$800,000
$600,000
$600,000

December
December
YTD
YTD
Expenditures
Expenditures

Annual
Annual
Expenditures
Expenditures *
*

$400,000
$400,000
$200,000
$200,000
$0
$0

13-14 14-15
13-14

15-16 16-17 17-18
14-15
15-16

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 2017-18 budgeted general fund expenditures are 10.5% higher than the fiscal year 2016-17 actuals. Fiscal year 2017-18 actual general fund expenditures
through December are 6.5% higher than the same period in fiscal year 2016-17.
General fund expenditures increased 3.6% in fiscal year 2016-17 over fiscal year 2015-16. This followed increases of 1.4% and 0.9% in the two prior years.

General Government

13-14
14-15
15-16
16-17
17-18

December YTD Annual
% of Annual
Expenditures
Expenditures * Expenditures
56,460
100,400
56.2%
50,643
96,385
52.5%
57,652
105,240
54.8%
57,726
106,754
54.1%
63,354
118,398
53.5%

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

Better than Expected

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

December
YTD
December
Expenditures
YTD
Expenditures
Annual
Expenditures
*
Annual
Expenditures *

$80,000
$60,000
$60,000
$40,000
$40,000
$20,000
$20,000
$0
13-1414-15
13-14

14-15
15-16

16-17 15-16
17-18

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. The fiscal year 2017-18 budget includes a 10.9% increase over fiscal year 2016-17 actuals. General fund general government
expenditures through December are 9.7% higher than the same period in the prior fiscal year.
General fund general government expenditures increased 6.3% over the three years from fiscal year 2013-14 to fiscal year 2016-17. The increase from fiscal year 2015-16 to fiscal
year 2016-17 was 1.4%.
1

December General Fund YTD Expenditures (Dollars in Thousands)

Refer to detailed financial schedules pages 22 thru 34

Criminal Justice

13-14
14-15
15-16
16-17
17-18

December YTD Annual
% of Annual
Expenditures
Expenditures * Expenditures
17,057
32,659
52.2%
16,331
31,018
52.7%
17,589
30,698
57.3%
15,622
31,595
49.4%
16,472
34,322
48.0%

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

Better than Expected

Criminal Justice
$40,000

December
YTD
Expenditures

$35,000
$30,000
$25,000

Annual
Expenditures
*

$20,000
$15,000
$10,000
$5,000
$0
13-14

14-15

15-16

16-17

17-18

Criminal justice expenditures include costs for municipal courts and public defenders. The fiscal year 2017-18 budget includes an 8.6% increase over fiscal year 2016-17 actuals.
General fund criminal justice expenditures through December are 5.4% higher than the same period in the prior fiscal year.
General fund criminal justice expenditures were 2.9% higher in fiscal year 2016-17 over fiscal year 2015-16. Even with that increase, fiscal year 2016-17 expenditures were 3.2%
lower than fiscal year 2013-14 levels.

Public Safety

13-14
14-15
15-16
16-17
17-18

December YTD Annual
% of Annual
Expenditures
Expenditures * Expenditures
354,239
699,796
50.6%
363,684
716,304
50.8%
379,953
737,129
51.5%
393,507
764,482
51.5%
410,390
847,357
48.4%

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

Public Safety
$1,000,000
December
YTD
Expenditures

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

Annual
Expenditures *

$200,000
$0
13-14

14-15

15-16

16-17

17-18

Better than Expected

Public safety expenditures include costs for police and fire services. The general fund public safety fiscal year 2017-18 budget includes a 10.8% increase over fiscal year 2016-17
actuals. Through December, general fund public safety expenditures are 4.3% higher than the prior fiscal year.
General fund public safety expenditures increased 2.4% from fiscal year 2013-14 to fiscal year 2014-15, 2.9% from fiscal year 2014-15 to fiscal year 2015-16, and 3.7% from fiscal
year 2015-16 to fiscal year 2016-17.

2

December General Fund YTD Expenditures (Dollars in Thousands)

Refer to detailed financial schedules pages 22 thru 34

Transportation

13-14
14-15
15-16
16-17
17-18

December YTD Annual
% of Annual
Expenditures
Expenditures * Expenditures
16,898
29,713
56.9%
19,079
34,187
55.8%
8,065
17,473
46.2%
9,164
17,878
51.3%
10,818
20,549
52.6%

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

Monitor and Consider Taking Action

Community
Development
Transportation
$1
$40,000
$1
$30,000
$1

Series1
December
YTD
Expenditures

$1
$20,000
$0
$10,000
$0

Annual
Series2
Expenditures
*

$0
$0
13-14

14-15

15-16

16-17

17-18

Transportation expenditures include costs for public transit and street maintenance and repair. General Fund transportation expenditures for fiscal year 2017-18 are budgeted to
increase 14.9% over fiscal year 2016-17 actuals. Through December general fund transportation expenditures are 18.0% higher than the same period in the prior fiscal year.
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

13-14
14-15
15-16
16-17
17-18

December YTD Annual
% of Annual
Expenditures
Expenditures * Expenditures
11,060
20,210
54.7%
10,333
18,986
54.4%
10,146
18,571
54.6%
9,960
19,709
50.5%
10,901
22,583
48.3%

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

Community Development
$25,000
December
YTD
Expenditures

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

Annual
Expenditures
*

$5,000
$0
13-14

Better than Expected

14-15

15-16

16-17

17-18

Community development expenditures include costs for economic development and neighborhood services. The fiscal year 2017-18 budget includes a 14.6% increase over fiscal year
2016-17 actuals. General fund community development expenditures through December are 9.4% higher than the same period in the prior fiscal year.

General fund community development expenditures increased in fiscal year 2016-17 over fiscal year 2015-16 by 6.1%. This follows year over year decreases in fiscal years 2015-16
and 2014-15 leaving fiscal year 2016-17 expenditures 2.5% lower than fiscal year 2013-14.
3

December General Fund YTD Expenditures (Dollars in Thousands)

Refer to detailed financial schedules pages 22 thru 34

Community Enrichment

13-14
14-15
15-16
16-17
17-18

December YTD Annual
% of Annual
Expenditures
Expenditures * Expenditures
75,321
143,665
52.4%
70,388
138,024
51.0%
71,137
141,483
50.3%
74,855
146,749
51.0%
78,978
155,229
50.9%

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

Community Enrichment
$200,000

December
YTD
Expenditures

$160,000
$120,000

Annual
Expenditures *

$80,000
$40,000
$0
13-14

14-15

15-16

16-17

17-18

Expected

Community enrichment expenditures include costs for parks, recreational activities, senior centers and community centers. The fiscal year 2017-18 budget includes a 5.8% increase
over fiscal year 2016-17 actuals. Through December, general fund community enrichment expenditures are 5.5% higher than the same period in the prior fiscal year.
Over the past four years, general fund community enrichment expenditures have remained relatively flat, with fiscal year 2016-17 expenditures 2.1% higher than fiscal year 2013-14.

Environmental Services

13-14
14-15
15-16
16-17
17-18

December YTD Annual
% of Annual
Expenditures
Expenditures * Expenditures
6,196
13,748
45.1%
9,367
15,082
62.1%
5,420
12,143
44.6%
5,565
12,775
43.6%
8,158
13,732
59.4%

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

Environmental Services
$16,000
December
YTD
Expenditures

$12,000
$8,000

Annual
Expenditures
*

$4,000
$0
13-14

Monitor and Consider Taking Action

14-15

15-16

16-17

17-18

Environmental service expenditures include costs for maintaining and operating city facilities. The fiscal year 2017-18 budget includes a 7.5% increase from fiscal year 2016-17
actuals. Through December, general fund environmental services expenditures are 46.6% higher than the same period in the prior fiscal year. Due to the work order system used to
allocate public works facility maintenance costs, environmental services expenditures are highly volatile from month to month.

4

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

December Citywide YTD Expenditures (Dollars in Thousands)

Refer to detailed financial schedules pages 22 thru 34

Total Citywide Operating

13-14
14-15
15-16
16-17
17-18

December
YTD
Annual
% of Annual
Expenditures Expenditures * Expenditures
1,592,454
3,054,098
52.1%
1,604,689
3,051,875
52.6%
1,632,362
3,156,441
51.7%
1,702,283
3,468,589
49.1%
1,836,297
3,959,913
46.4%

* - 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
$4,500,000
$4,000,000
$3,500,000
$3,000,000
$2,500,000
$2,000,000
$1,500,000
$1,000,000
$500,000
$0

December
YTD
Expenditures

Annual
Expenditures
*
13-14

14-15

15-16

16-17

17-18

Better than Expected
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 2017-18 anticipates an increase of 14.2% over fiscal year 2016-17 actuals in total
operating expenditures. Actual expenditures through December are 7.9% higher than the same period in the prior fiscal year.

General Government

13-14
14-15
15-16
16-17
17-18

December
YTD
Annual
% of Annual
Expenditures Expenditures * Expenditures
60,213
114,235
52.7%
56,574
108,690
52.1%
63,559
118,505
53.6%
63,147
121,863
51.8%
72,936
147,657
49.4%

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

Better than Expected

General Government
$160,000
$140,000
$120,000
$100,000
$80,000
$60,000
$40,000
$20,000
$0

December
YTD
Expenditure
s
Annual
Expenditure
s*
13-14

14-15

15-16

16-17

17-18

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 through
November are 15.5% higher than the same period in the prior fiscal year. The budget anticipates an increase of 21.2% for fiscal year 2017-18
over fiscal year 2016-17 actuals.

5

December Citywide YTD Expenditures (Dollars in Thousands)

Refer to detailed financial schedules pages 22 thru 34

Criminal Justice

13-14
14-15
15-16
16-17
17-18

December
YTD
Annual
% of Annual
Expenditures Expenditures * Expenditures
21,205
40,697
52.1%
20,525
39,265
52.3%
21,832
39,463
55.3%
20,317
41,117
49.4%
19,584
46,594
42.0%

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

Criminal Justice
$50,000

December
YTD
Expenditures

$40,000
$30,000

Annual
Expenditures
*

$20,000
$10,000
$0
13-14

Better than Expected

14-15

15-16

16-17

17-18

Criminal Justice expenditures include costs of the Municipal Court and the Public Defender’s office. Citywide criminal justice expenditures are
3.6% lower through December than the same period in the prior fiscal year. The decrease is primarily due to lower debt service requirements
resulting from the 2017 excise tax refunding bonds. The budgeted increase for fiscal year 2017-18 over fiscal year 2016-17 actuals is 13.3%.

Public Safety

13-14
14-15
15-16
16-17
17-18

December
YTD
Annual
% of Annual
Expenditures Expenditures * Expenditures
427,073
842,270
50.7%
427,334
841,817
50.8%
443,269
874,558
50.7%
462,271
908,553
50.9%
487,215
1,032,610
47.2%

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

Public Safety
$1,200,000
$1,000,000

December
YTD
Expenditures

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

Annual
Expenditures *

$200,000
$0
13-14

14-15

15-16

16-17

17-18

Better than Expected
Public Safety expenditures include costs of Police, Fire and Emergency Management. Citywide public safety expenditures through December
are 5.4% higher than the same period in the prior fiscal year. The budgeted increase for fiscal year 2017-18 over fiscal year 2016-17 actuals is
13.7%.

6

December Citywide YTD Expenditures (Dollars in Thousands)

Refer to detailed financial schedules pages 22 thru 34

Transportation

13-14
14-15
15-16
16-17
17-18

December
YTD
Annual
% of Annual
Expenditures Expenditures * Expenditures
367,552
573,025
64.1%
372,555
582,486
64.0%
371,252
609,990
60.9%
387,257
642,850
60.2%
441,630
705,273
62.6%

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

Transportation
$800,000
$700,000
$600,000
$500,000
$400,000
$300,000
$200,000
$100,000
$0

December
YTD
Expenditure
s
Annual
Expenditure
s*

13-14 14-15 15-16

Monitor and Consider Taking Action

16-17 17-18

Transportation expenditures include costs for Street lighting, maintenance and repair; Aviation and Public Transit. Citywide transportation
expenditures are 14.0% higher through December than the same period in the prior fiscal year, primarily due to increased contractual
transportation for Public Transit. The budgeted increase for fiscal year 2017-18 over fiscal year 2016-17 actuals is 9.7%.

Community Development

13-14
14-15
15-16
16-17
17-18

December
YTD
Annual
% of Annual
Expenditures Expenditures * Expenditures
106,934
194,542
55.0%
102,101
188,670
54.1%
88,268
174,956
50.5%
87,917
188,365
46.7%
102,486
235,949
43.4%

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

Better than Expected

Community Development
$250,000

December
YTD
Expenditures

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

Annual
Expenditures
*

$50,000
$0
13-14

14-15

15-16

16-17

17-18

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 December of 16.6% over the same period in the prior
fiscal year. The fiscal year 2017-18 budget includes an increase of 25.3% over fiscal year 2016-17 actuals.

7

December Citywide YTD Expenditures (Dollars in Thousands)

Refer to detailed financial schedules pages 22 thru 34

Community Enrichment

13-14
14-15
15-16
16-17
17-18

December
YTD
Annual
% of Annual
Expenditures Expenditures * Expenditures
140,929
272,326
51.8%
136,717
259,944
52.6%
137,253
273,179
50.2%
149,636
292,983
51.1%
160,496
308,935
52.0%

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

Community Enrichment
$350,000
$300,000
$250,000
$200,000
$150,000
$100,000
$50,000
$0

December
YTD
Expenditures
Annual
Expenditures
*
13-14

14-15

15-16

16-17

17-18

Monitor and Consider Taking Action
Community Enrichment expenditures include costs for Parks, Libraries, the Convention Center, Senior Centers and Community Centers.
Citywide community enrichment expenditures through December are 7.3% higher than the same period in the prior fiscal year. The increase is
primarily due to encumbering the annual contract amount for services from the Greater Phoenix Convention and Visitors Bureau. In past years,
this amount was recorded on a monthly basis and not encumbered for the whole year. The budgeted increase for fiscal year 2017-18 over fiscal
year 2016-17 actuals is 5.4%.

Environmental Services

13-14
14-15
15-16
16-17
17-18

December
YTD
Annual
% of Annual
Expenditures Expenditures * Expenditures
290,538
577,118
50.3%
281,419
545,198
51.6%
277,819
555,711
50.0%
301,358
599,837
50.2%
321,859
642,924
50.1%

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

Community Enrichment
$700,000
December
YTD
Expenditures

$600,000
$500,000
$400,000
$300,000

Annual
Expenditures
*

$200,000
$100,000
$0
13-14

14-15

15-16

16-17

17-18

Expected
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 6.8% higher through December than the same period in the prior fiscal year. The
budgeted increase for fiscal year 2017-18 over fiscal year 2016-17 actuals is 7.2%.

8

December Citywide YTD Expenditures (Dollars in Thousands)

Refer to detailed financial schedules pages 22 thru 34

General Obligation Debt Service

13-14
14-15
15-16
16-17
17-18

December
Annual
YTD
Expenditures % of Annual
Expenditures *
Expenditures
50,392
100,524
50.1%
67,358
134,594
50.0%
76,343
154,710
49.3%
68,848
137,205
50.2%
53,392
106,552
50.1%

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

General Obligation Debt Service
$180,000
December YTD
Expenditures

$150,000
$120,000
$90,000

Annual
Expenditures *

$60,000
$30,000
$0
13-14

14-15

15-16

16-17

17-18

Expected
General obligation debt service expenditures through December are 22.4% lower than the same period in the prior fiscal year. Budgeted expenditures for fiscal year
2017-18 are 22.3% lower than fiscal year 2016-17 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

13-14

14-15

$ 263,112

$ 244,107

Refer to detailed financial schedules pages 22 - 34
15-16

$

238,739

16-17

17-18
(Budget)

17-18 (YTD)

$ 315,502

$ 586,384

$ 140,879

Discussion:

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).

17-18 (YTD)
17-18
(Budget)
16-17

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).

15-16
14-15
13-14
$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).
Major projects in fiscal year 2016-17 include street construction,
repair and maintenance ($75 million), bus replacement ($50 million),
sidewalks, traffic signals, bridges, bike lanes and street lighting
improvements and maintenance ($38 million), parks, preserves and
recreation facility improvements ($37 million), wireless
communication in the regional bus system ($25 million), and the 48th
St and Washington Light Rail Station ($20 million).
Major projects budgeted for fiscal year 2017-18 include street
construction ($80 million), parks and recreation facility improvements
($76 million), street and sidewalk maintenance and repair ($48
million), purchase of transit buses ($34 million) and replacement of
the City telephone system ($33 million).

Aviation

13-14

14-15

$ 180,571

$ 259,616

15-16

$

522,633

16-17

17-18
(Budget)

17-18 (YTD)

$ 151,957

$ 681,775

$ 187,368

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.

17-18 (YTD)
17-18
(Budget)

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).

16-17
15-16
14-15
13-14
$0

$200,000

$400,000

$600,000

Major projects in fiscal year 2016-17 include runway, apron and taxiway projects
($21 million), Communications Center/EOC Design and Construction ($14
million), Terminal 3 Development ($12 million), and PHX Sky Train phase 2 ($10
million). Aviation capital expenditures for fiscal year 2016-17 also includes $70
million of debt service.

Major Projects budgeted in fiscal year 2017-18 include PHX Sky Train phase 2 ($445 million),
terminal 4 south 1 concourse ($33 million), and runway, taxiway and apron reconstruction ($32
million).

- 10 -

Capital Expenditures (Dollars in Thousands)

Phx Convention Ctr

13-14

14-15

$ 23,189

$ 24,633

Refer to detailed financial schedules pages 22 - 34

15-16

$

17-18
(Budget)

16-17

24,554

Discussion:

$ 21,885

$

29,116

17-18
(YTD)

$ 11,991

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 $22.5
million for fiscal year 2017-18.

17-18 (YTD)
17-18 (Budget)
16-17
15-16
14-15
13-14
$0

13-14

$

Solid Waste

8,063

14-15

$ 22,832

15-16

$

8,781

$10,000

17-18
(Budget)

16-17

$ 7,460

$

29,555

$20,000

$30,000

$40,000

17-18
(YTD)

$ 8,359

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.

17-18 (YTD)
17-18 (Budget)
16-17

In fiscal year 2014-15 Solid Waste spent $16 million for the 27th avenue composting
facility and $6 million for the SR85 landfill.

15-16
14-15

In fiscal year 2015-16, Solid Waste spent $2.5 million on the 27th Ave Resource
Innovation Campus.

13-14
$0

$10,000 $20,000 $30,000 $40,000
In fiscal year 2016-17, Solid Waste spent $3.7 million on the 27th Avenue Composting Facility and $2.2
million on the 27th Avenue Resource Innovation Campus.
Major projects budgeted for fiscal year 2017-18 include 27th Avenue facilities ($12 million), and SR85
Landfill requirements ($11 million).

- 11 -

Capital Expenditures (Dollars in Thousands)
13-14

Wastewater

$

58,012

Refer to detailed financial schedules pages 22 - 34

14-15

$

39,880

15-16

$

42,084

16-17

17-18
(Budget)

17-18
(YTD)

$ 106,776

$ 188,138

$ 16,396

Discussion:
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.

Wastewater
17-18 (YTD)
17-18 (Budget)

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.

16-17
15-16
14-15

In fiscal year 2015-16 Wastewater 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.

13-14
$0

$50,000

$100,000

$150,000

$200,000

In fiscal year 2016-17, Wastewater spent $30 million to construct, replace or rehabilitate
pipelines, $25 million for the construction of the biogas project at the 91st Avenue
Wastewater Treatment Plant, $16 million for improvements at the 91st Avenue
wastewater treatment plant, and $10 million for improvements at the 23rd Avenue
wastewater treatment plant.
Major projects budgeted for fiscal year 2017-18 include sewer mains and lines ($113 million),
improvements at the 91st Ave WWTP ($26 million), and improvements at the 23rd Ave WWTP ($12
million).

13-14

Water System

$

129,080

14-15

$

117,196

15-16

$

99,091

16-17

17-18
(Budget)

17-18
(YTD)

$ 189,809

$ 296,159

$ 75,483

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

Water System
17-18 (YTD)

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.

17-18
(Budget)
16-17

In fiscal year 2015-16 the water system spent 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.

15-16
14-15
13-14
$0

$100,000

$200,000

$300,000

In fiscal year 2016-17, Water spent $65 million to construct, replace or
rehabilitate pipelines and valves, $19 million for rehabilitation at the Deer Valley
water treatment plant, $15 million for reservoir rehabilitation and $10 million for
water resiliency.

Major projects budgeted for fiscal year 2017-18 include water mains and lines ($123 million),
water resiliency and storage ($37 million), and groundwater well projects ($25 million).

- 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

December YTD Revenues

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

$200,000
$0
13-14

13-14
14-15
15-16
16-17
17-18

December YTD Revenues
505,704
513,176
519,553
538,713
567,500

14-15

Annual
Revenues*
1,026,167
1,048,053
1,063,211
1,094,933
1,129,620

15-16

16-17

17-18

% of Annual
Revenues
49.3%
49.0%
48.9%
49.2%
50.2%

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

Better than Expected
Fiscal year 2017-18 general fund operating revenues are budgeted to increase 3.2% over prior year actuals. Actual revenues through December are
5.3% higher than the same period in the prior fiscal 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
270,000
240,000
210,000

94,664

91,021

180,000
35,204

150,000

Secondary

50,484

49,567

120,000
49,097

90,000
60,000

143,931

138,243

141,310

153,454

146,121

Primary

79,274

30,000
13-14

FY
13-14
14-15
15-16
16-17
17-18 YTD
17-18 budget

Total
179,136
187,811
191,793
237,142
128,370
248,118

July
(1,260)
(1,107)
(981)
(1,004)
(1,055)
(1,244)

14-15

Aug
Sept
971
867
760
816
641
857
454
773
(395)
891
746
984

15-16

Oct
11,107
12,338
15,224
12,067
16,220
15,943

Nov
46,645
63,660
60,232
57,953
87,691
73,157

16-17

Dec
32,028
18,028
21,975
51,488
25,018
36,807

17-18 YTD

Jan
7,180
8,869
8,268
10,013
10,922

Feb
3,818
2,958
3,815
4,033
4,347

17-18 budget

Mar
5,668
5,135
5,779
6,593
7,043

Apr
7,300
9,411
9,409
12,231
12,492

May
44,562
45,939
42,177
60,943
59,967

June
20,250
21,004
24,397
21,598
26,954

Note: Monthly budget amount for 17-18 is the average % of last 3 years of the total budget amount

Better than Expected
Because property taxes are primarily collected in October through December and 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. Through December, property tax collections are 1.6% above budget expectations.
Total property tax revenues are budgeted to increase 4.6% in fiscal year 2017-18 over fiscal year 2016-17 actuals.

- 14 -

Primary
Secondary
143,931
35,204
138,243
49,567
141,310
50,484
146,121
91,021
79,274
49,097
153,454
94,664

Local Sales Tax (Dollars in Thousands)
Refer to detailed financial schedules pages 22 thru 34

Local Sales Tax
Budget vs Actual
50,000
45,000
40,000
35,000
30,000
25,000

17-18 Actuals

20,000

17-18 budget

15,000
10,000
5,000
July

Aug

Sept

Oct

Nov

Dec

Jan

Feb

Mar

Apr

May

June

Year to Date Performance Status
Monitor and Consider Taking Action
The fiscal year 2017-18 budget includes an increase of 4.0% in local sales tax revenues over fiscal year 2016-17 actuals. Beginning in January 2017, local sales tax
returns and payments were no longer sent to the City, but were instead collected and processed by the State. This created a delay in the posting of sales taxes to the
City. The delay is evident in the lower sales tax revenues for July 2017 as compared to July 2016. This is a timing difference and will be accounted for at fiscal year-end
so that the total revenues for the fiscal year will reflect actual sales activity for the year, however, the delay in posting revenues will be evident in the year over year
comparisons for this report until we have a complete year of collections by the State. Through December, local sales tax revenues are 8.5% below budget expectations.

Local Sales Tax
3 Year Trend
60,000
50,000
40,000

15-16 Actuals
16-17 Actuals

30,000

17-18 Actuals
20,000
10,000
July

Aug

Sept

Oct

Nov

Dec

Jan

Feb

Mar

Apr

May

June

Fiscal year 2016-17 local sales tax revenues are 1.9% higher than 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

20,000
18,000
16,000
14,000

17-18
Actuals

12,000
10,000

17-18
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
The fiscal year 2017-18 budget includes an increase of 3.5% in state shared sales tax over fiscal year 2016-17 actuals. Through December, state shared sales tax
revenues are 12.9% above budget expectations.

State Sales Tax
3 Year Trend
20,000
18,000
16,000
14,000
12,000

15-16 Actuals

10,000

16-17 Actuals

8,000

17-18 Actuals

6,000
4,000
2,000
July

Aug

Sept

Oct

Nov

Dec

Jan

Feb

Mar

Apr

May

June

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. Fiscal year 2016-17
state shared sales tax revenues were 4.7% higher than fiscal year 2015-16. Through December 2017 state shared sales tax revenues were 16.7% higher than the
same period in the prior fiscal 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

10,000
9,000
8,000
7,000

17-18
Actuals

6,000
5,000

17-18
budget

4,000
3,000
2,000
1,000
July

Aug

Sept

Oct

Nov

Dec

Jan

Feb

Mar

Apr

May

June

Year to Date Performance Status
Better than Expected
The fiscal year 2017-18 budget includes an increase of 1.8% in state shared vehicle license tax revenues over fiscal year 2016-17 actuals. State shared vehicle
license tax revenues through December 2017 are 18.4% higher than budget expectations for the period.

Vehicle License Tax
3 Year Trend

10,000
8,000

15-16
Actuals
16-17
Actuals
17-18
Actuals

6,000
4,000
2,000
July

Aug

Sept

Oct

Nov

Dec

Jan

Feb

Mar

Apr

May

June

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. Fiscal year
2016-17 state shared vehicle license tax revenues were 3.0% higher than fiscal year 2015-16.

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

250,000.00
200,000.00

17-18
budget

150,000.00

2017-18
Actuals

100,000.00
50,000.00
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 December 2017 are 0.3% lower than budget expectations.

Governmental Funds Revenues
3 Year Trend

260,000.00
210,000.00
160,000.00

2015-16
Actuals

110,000.00

2016-17
Actuals

60,000.00

2017-18
Actuals

10,000.00
(40,000.00)

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. Fiscal year 2016-17 governmental funds revenues
were 8.3% higher than 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

45,000
40,000
35,000
30,000

17-18 Actuals

25,000
20,000

17-18 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 December 2017 are 8.3% higher than budget expectations for the period.

Aviation Operating Revenues
3 Year Trend

50,000
40,000
30,000

15-16 Actuals

20,000

16-17 Actuals
17-18 Actuals

10,000
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 were 1.6% higher
than fiscal year 2014-15. Fiscal year 2016-17 aviation operating revenues were 2.7% higher than the prior year. Through December 2017, aviation operating
revenues are 5.6% higher than the same period in the prior fiscal 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

17-18 Actuals
30,000
17-18 budget
20,000
10,000
July

Aug

Sept

Oct

Nov

Dec

Jan

Feb

Mar

Apr

May

June

Year to Date Performance Status
Better than Expected
Water system revenues through December 2017 are 4.6% higher than budget expectations for the period.

Water System Operating Revenues
60,000

3 Year Trend

50,000
40,000
15-16 Actuals
30,000
16-17 Actuals
20,000

17-18 Actuals

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 for fiscal year 2015-16 were 6.8% higher than the prior fiscal year. Fiscal year 2016-17
revenues were 5.3% higher than the prior year. Through December 2017, water system revenues are 4.6% 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

17-18 budget
10,000

17-18 Actuals

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 December 2017 are 6.5% above budget expectations for the period.

Wastewater Operating Revenues
3 Year Trend

25,000
20,000

15-16 Actuals

15,000

16-17 Actuals

10,000

17-18 Actuals
5,000
July

Aug

Sept

Oct

Nov

Dec

Jan

Feb

Mar

Apr

May

Click Here for Additional Information

- 21 -

June

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

General Fund Revenue
As of DECEMBER 31
(dollars in thousands)
Budget
Estimate
2017-2018

Actual
Year-to-Date
2017-2018
2016-2017

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

$

445,511
2,290

$

203,004 $
1,419

212,632
616

148,964
196,303
62,706
153,454
2,896
10,090

79,942
100,018
35,305
79,274
1,570
2,853

68,506
95,674
29,200
74,859
1,406
2,608

10,365
1,164
13,644
740
7,658
2,106
4,339

6,283
496
4,763
8,280
3,780
887
2,697

5,293
439
6,364
345
3,699
878
3,103

35,000
1,400
11,613
3,908
15,469

16,836
399
6,332
3,081
10,282

16,694
6,070
1,769
8,558

1,129,620

- 22 -

$

567,501

$

538,713

General Fund Expenditures
As of DECEMBER 31
(dollars in thousands)
Budget
Estimate
2017-2018

Actual
Year-to-Date
2017-2018 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

$

778 $
1,735
1,774
18,938
1,054
1,173
10,166
1,537
2,305
5,400
1,812
14,257
2,425
63,354

796
1,700
1,779
19,050
955
1,067
9,419
1,128
2,200
4,719
1,821
12,047
1,045
57,726

29,241
5,081
34,322

14,073
2,399
16,472

13,345
2,277
15,622

548,803
298,471
83
847,357

267,036
143,177
177
410,390

261,183
132,355
(31)
393,507

Transportation
Street Transportation
Public Transit
Total Transportation

18,836
1,713
20,549

9,195
1,623
10,818

7,512
1,652
9,164

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

5,091
13,281
4,157
54
22,583

2,570
6,357
1,946
28
10,901

2,380
5,552
2,004
24
9,960

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

90,984
38,766
19,141
6,338
155,229

47,620
18,396
8,719
4,243
78,978

46,238
16,547
8,779
3,291
74,855

Environmental Services
Public Works
Environmental Programs
Total Environmental Services

13,113
619
13,732

7,818
340
8,158

5,381
184
5,565

9,672

5,682

1,586

55,900

-

-

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

Capital Improvement
Contingencies
Total Expenditures and Encumbrances

1,962
4,207
2,403
38,007
2,131
2,461
20,354
2,853
4,052
10,345
3,406
23,724
2,493
118,398

$ 1,277,742

- 23 -

$

$

604,753 $

567,985

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

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

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

Budget
Estimate
2017-2018

$

Total General Funds

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

445,511
2,290

$
$

203,004 $
1,419 $

148,964
196,303
62,706
153,454
2,896
10,090
11,529
13,644
740
7,658
2,106
4,339
48,013
3,908
15,469

$
$
$
$
$
$
$
$
$
$
$
$
$
$
$

79,942
100,018
35,305
79,274
1,570
2,853
6,779
4,763
8,280
3,780
887
2,697
23,569
3,081
10,282

1,129,621

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 Special Revenue and
Debt Service Funds

Actual
Year-to-Date
2017-2018
2016-2017

31,694
88,995
31,853
5,942
262,077
4,847
53,949
11,076
28,087
128,181
38,215
5,092
48,174
277,541
99,401

567,501

$
$
$
$
$
$
$
$
$
$
$
$
$
$
$

1,115,124

344,541
73,179
420,570
229,962
148,669
1,216,922
$ 3,461,667

- 24 -

$
$
$
$
$
$
$
$
$
$
$
$
$
$
$

14,115
40,256
14,282
1,745
117,853
3,094
34,986
4,630
11,791
65,266
15,568
3,488
25,034
97,789
51,519

180,721
30,702
249,541
122,061
76,343
659,368

68,506
95,674
29,200
74,859
1,406
2,608
5,732
6,364
345
3,699
878
3,103
22,764
1,769
8,558
538,712

$
$
$
$
$
$
$
$
$
$
$
$
$
$
$

501,415

$
$
$
$
$

212,632
616

14,440
41,770
14,823
2,090
121,714
940
33,153
5,965
11,943
56,966
19,354
2,530
21,626
109,732
49,240
506,287

$
$
$
$
$

171,140
29,507
238,453
113,984
75,182
628,266

$ 1,728,285 $ 1,673,265

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

Source
General Government
General Funds
Other Funds
Total General Government

Actual
Year-to-Date
2017-2018
2016-2017

Budget
2017-2018

63,354 $
9,582
72,936

57,726
5,421
63,147

34,322
12,272
46,594

16,473
3,111
19,584

15,623
4,694
20,317

847,357
185,253
1,032,610

410,390
76,825
487,215

393,507
68,764
462,271

Transportation
General Funds
Other Funds
Total Transportation

20,549
684,724
705,273

10,818
430,812
441,630

9,164
378,093
387,257

Community Development
General Funds
Other Funds
Total Community Development

22,583
213,366
235,949

10,901
91,585
102,486

9,960
77,957
87,917

Community Enrichment
General Funds
Other Funds
Total Community Enrichment

155,229
153,706
308,935

78,978
81,518
160,496

74,855
74,781
149,636

Environmental Services
General Funds
Other Funds
Total Environmental Services

13,732
629,192
642,924

8,158
313,701
321,859

5,565
295,793
301,358

Debt Service
General Funds
Other Funds
Total Debt Service

106,552
106,552

53,392
53,392

68,848
68,848

Capital Improvement
General Funds
Other Funds
Total Capital Improvement

9,672
723,747
733,419

5,682
171,017
176,699

1,586
159,946
161,532

Contingencies
General Funds
Other Funds
Total Contingencies

55,900
47,500
103,400

Criminal Justice
General Funds
Other Funds
Total Criminal Justice
Public Safety
General Funds
Other Funds
Total Public Safety

Total Operating
General Funds
Other Funds
Total Operating Budget

$

118,398
29,259
147,657

1,277,742
2,785,571
$ 4,063,313

$

604,754
1,231,543
$ 1,836,297 $

- 25 -

567,986
1,134,297
1,702,283

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

Citywide Operating Revenue by Source
For the Month Ended
DECEMBER 31
2017
2016

Budget
Estimate
2017-2018

Source

Actual Year-to-Date
2017-2018
2016-2017

General Funds
$

33,856,843
791,804
34,648,647

$

35,135,496
364,458

Local Taxes:
Sales Taxes
Privilege License Fees

$

445,511,000
2,290,000

$

203,004,105
1,418,885

$

212,631,990
615,861

35,499,954

Total Local Taxes

447,801,000

204,422,990

213,247,851

13,706,313
16,669,601
5,740,990

11,913,059
15,945,590
4,826,340

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

148,964,000
196,303,000
62,706,000

79,941,793
100,017,610
35,305,286

68,505,638
95,673,541
29,199,939

36,116,904

32,684,989

407,973,000

215,264,689

193,379,118

15,716,047

31,519,923

Primary Property Tax

153,454,000

79,273,891

74,858,920

330,747

315,166

Licenses and Permits

2,896,000

1,570,094

1,406,372

0

30

Cable Communications

10,090,000

2,853,178

2,607,694

903,547
74,704

808,916
70,733

Municipal Court:
Fines and Forfeitures
Court Default Fee

10,364,925
1,164,000

6,282,563
495,581

5,292,995
438,727

11,528,925

6,778,144

5,731,722

13,644,495

4,763,158

6,364,015

740,110

8,279,822

344,884

Parks and Recreation

7,658,381

3,779,632

3,698,794

978,251

879,649

1,570,599

1,401,235

27,706

37,823

384,833

(234,283)

Total State Shared Taxes

Total Municipal Court
Police
Library Fees

165,042

96,571

Planning and Development

2,106,481

886,567

878,412

392,944

1,462,913

Street Transportation

4,339,350

2,696,631

3,102,895

2,970,590
61,700
1,068,626

2,612,708
61,746
829,677

Fire:
Emergency Transportation Service
Hazardous Materials Inspection Fee
Other

35,000,000
1,400,000
11,612,884

16,836,344
399,075
6,332,224

16,693,879
389,071
5,681,254

4,100,916

3,504,131

48,012,884

23,567,643

22,764,204
1,768,721

579,023

328,455

1,732,382

2,491,527

96,744,041

109,988,083

Total Fire
Interest
Other Fees and Service Charges
Total General Funds

26

3,908,000

3,081,027

15,468,866

10,281,822

8,558,365

1,129,621,492

567,499,288

538,711,967

Citywide Operating Revenue by Source (continued)
For the Month Ended
DECEMBER 31
2017
2016

Budget
Estimate
2017-2018

Source

Actual Year-to-Date
2017-2018
2016-2017

Special Revenue and Debt Service Funds

$

1,674,457
119,603
598,020
25,941

$

2,418,021

5,338,657
1,883,130
15,326

$
$
$

7,237,113
2,466,211

286,864
0
137,160
(1,134)
26,387

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

2,338,641

Total Neighborhood Protection

5,038,030
1,741,461
1,421
6,780,912

$

$
$
$
$
$

449,277

16,507,214
2,710,487

1,623,116
115,937
579,685
19,903

2,363,038

284,559
0
180,066
(266)
8,422
472,781

$
$

19,217,701

15,742,642
5,441,327
21,183,969

0

$

0

4,532,775

$

4,993,369

649,084

$

994,368

1,685,666
4,285,973
5,971,639

$
$

1,399,338
4,337,496
5,736,834

$

Public Safety Enhancement & Expansion:
Police
Fire
Interest/Other
Total Public Safety Enhancement & Expansion
Parks and Preserves
Golf Courses:
Fees
Coffee Shops
Concessions
Interest
Other

21,930,000
1,567,000
7,832,000
365,000

$

9,570,670
683,619
3,418,096
442,720

$

9,913,794
708,128
3,540,641
277,401

31,694,000

14,115,105

14,439,964

66,423,000
22,518,000
54,000

29,827,332
10,342,464
85,978

30,805,037
10,657,082
307,806

88,995,000

40,255,774

41,769,925

31,853,000

14,281,870

14,822,784

3,552,200
0
2,172,725
(2,000)
219,275

1,045,097
0
606,489
(2,933)
96,489

1,129,487
0
904,543
(561)
56,176

5,942,200

1,745,142

2,089,645

210,700,000
51,376,890

93,338,461
24,514,503

95,216,637
26,497,117

262,076,890

117,852,964

121,713,754

4,847,340

3,094,324

940,000

Planning and Development

53,948,800

34,985,520

33,153,242

Capital Construction

11,076,000

4,630,146

5,965,321

Sports Facilities:
Sales Taxes
Interest/Other

19,235,000
8,852,016

7,227,905
4,563,565

7,405,913
4,537,192

28,087,016

11,791,470

11,943,105

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
DECEMBER 31
2017
2016

Budget
Estimate
2017-2018

Source

Actual Year-to-Date
2017-2018
2016-2017

Special Revenue and Debt Service Funds (Cont'd)

$

10,257,280
108,980
0

9,405,050
55,544
299

10,366,260

9,460,893

-

$

-

2,714,537

2,519,571

102,025

469,790

4,395,134

3,844,210

470,537
7,793,208
325,843

462,209
10,439,265
1,093,230

8,589,588

11,994,704

7,091,959
3,518,572
105,294
4,011,624

3,041,224
6,680,387
1,023,210
2,413,121

14,727,449

13,157,942

23,317,037

25,152,646

9,302,040
2,379,426

19,967,884
2,368,335

11,681,466

22,336,219

95,518,280

108,647,241

Highway User Revenue:
Highway User Revenue
Interest
Other

127,531,000
500,000
150,000

64,654,804
599,624
11,400

56,371,431
309,565
285,346

128,181,000

65,265,828

56,966,342

0

0

0

Regional Transit Revenues

38,214,960

15,568,177

19,354,112

Community Reinvestment

5,091,810

3,487,632

2,530,469

48,173,904

25,034,113

21,625,894

7,274,000
81,683,028
8,694,844

3,566,655
37,059,147
4,503,366

3,783,452
37,679,678
8,399,235

97,651,872

45,129,168

49,862,365

46,031,773
53,696,411
30,138,429
50,022,756

18,627,627
13,241,113
448,004
20,342,870

18,116,616
16,540,691
6,681,392
18,531,411

Total Other

179,889,369

52,659,614

59,870,110

Total Grants

277,541,241

97,788,782

109,732,475

94,663,937
4,736,652

49,096,920
2,421,650

46,871,825
2,368,483

Total Highway User Revenue
Local Transportation Assistance

Other Restricted Fees
Grants:
Public Housing:
Rentals
Grants
Other

$

Total Public Housing
Other:
Human Resources
Federal Transit Administration
Community Development
Other

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

99,400,589

51,518,570

49,240,308

Total Special Revenue and Debt Service Funds 1,115,123,750

501,415,417

506,287,340

137,700,000
195,960,000
1,500,000
4,262,700
2,142,000
2,976,500
0

51,920,909
120,636,777
2,027,972
2,847,999
1,286,792
1,435,953
564,565

49,421,390
117,205,300
1,017,722
394,282
1,198,906
1,530,836
371,094

344,541,200

180,720,967

171,139,530

Total G.O. Bond/Secondary Property Tax

Enterprise Funds
AVIATION:

8,629,590
27,399,992
641,892
761,229
465,185
229,454
84,227

7,973,768
17,665,145
170,970
(1,371,152)
189,236
244,373
53,694

38,211,569

24,926,034

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
DECEMBER 31
2017
2016

Budget
Estimate
2017-2018

Source

Actual Year-to-Date
2017-2018
2016-2017

Enterprise Funds (Cont'd)
CONVENTION CENTER:
$

4,270,666
1,813,988
55,256

3,537,923
1,726,117
36,596

6,139,910

5,300,636

25,332,896
464,434
497,011
418,868
247,020
284,146
(60,163)

23,412,580
392,306
470,161
536,553
482,190
209,522
569,998

27,184,212

26,073,310

Excise Taxes
Operating Revenue
Interest
Total Convention Center

51,897,000
20,958,163
323,835

20,648,352
9,742,786
310,680

21,218,848
8,071,291
216,702

73,178,998

30,701,818

29,506,841

396,920,000
5,800,000
4,270,000
6,168,000
3,600,000
2,279,000
1,533,000

232,551,692
2,951,616
2,700,685
3,216,943
1,928,224
1,502,195
4,689,377

224,654,178
2,380,812
3,122,241
3,507,751
1,904,040
1,161,886
1,722,483

420,570,000

249,540,732

238,453,391

195,418,000
17,259,000
3,600,000
1,664,000
12,021,000

100,223,311
9,509,810
1,881,840
1,485,736
8,960,761

94,804,850
9,895,330
1,821,030
910,933
6,551,771

229,962,000

122,061,458

113,983,914

130,245,000
8,300,000
625,000
9,499,411

65,295,572
3,700,345
352,957
6,994,560

64,635,775
4,390,703
340,462
5,815,116

WATER SYSTEM:
$

Water Sales
Water Service Fees
Distribution
Intergovernmental
Development Fees
Interest
Other

$

Total Water System
WASTEWATER:

16,686,767
1,743,512
226,860
263,740
1,176,143

15,736,462
1,631,441
479,550
158,186
1,487,464

20,097,022

19,493,103

10,898,485
497,658
63,787
786,240

10,782,785
777,862
60,125
992,270

12,246,170

12,613,042

103,878,883

88,406,125

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

$

296,141,204

$

307,041,449

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

$

Total Operating Revenues

29

148,669,411

76,343,434

75,182,056

1,216,921,609

659,368,409

628,265,732

3,461,666,851

$

1,728,283,114

$

1,673,265,039

Citywide Operating Expenditures by Program
For the Month Ended
DECEMBER 31
2017
2016

Program

Budget
Estimate
2017-2018

2017-2018 Year-to-Date
Operating Expenditures & Encumbrances
Capital
Operations
and Debt

Actual Year-to-Date
2017-2018
2016-2017

General Government
$

148,538 $
311,088
265,624
3,081,553
200,951
207,104
197,233
1,660,546
273,620
399,595
6,091
1,004,916
59,325
30,456
162,945
7,649
292,569
3,068,153
(302,771)
11,075,185

163,829
291,684
306,768
3,148,491
(59,866)
198,203
199,177
1,616,256
196,531
365,667
115,481
639,008
60,249
51,358
(383,307)
9,544
282,708
836,623
689,996
8,728,400

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

1,962,000
4,206,557
2,649,769
40,659,681
1,091,364
2,489,595
2,970,071
21,746,360
2,853,214
4,052,636
874,421
11,692,734
431,816
910,943
95,825
3,405,838
40,936,270
4,628,072

$

777,839
1,734,851
1,922,063
25,129,600
513,320
1,269,296
1,400,350
10,953,434
1,537,242
2,304,906
457,753
5,893,338
363,223
186,597
1,035,682
54,545
1,811,786
16,206,650
(616,721)

$

795,625
1,700,258
1,947,920
20,384,586
476,778
1,145,702
1,248,460
10,024,043
1,127,705
2,200,320
141,234
5,466,702
357,094
307,382
13,951
59,590
1,821,196
13,957,682
(28,958)

$

777,839
1,734,851
1,922,063
19,269,266
513,320
1,269,296
1,400,350
10,953,434
1,537,242
2,304,906
457,753
5,542,584
363,223
186,597
1,035,682
54,545
1,811,786
15,345,470
(616,721)

5,860,334
350,754
861,180
-

147,657,166

72,935,754

63,147,270

65,863,486

7,072,268

41,513,195
5,080,998
-

17,184,585
2,399,478
-

18,039,369
2,277,144
-

15,098,735
2,399,478
-

2,085,850
-

46,594,193

19,584,063

20,316,513

17,498,213

2,085,850

677,593,110
353,985,691
1,031,393

317,096,721
169,583,682
534,698

307,794,041
154,079,429
397,356

315,806,807
167,443,301
534,698

1,289,914
2,140,381
-

1,032,610,194

487,215,101

462,270,826

483,784,806

3,430,295

Criminal Justice
2,761,088
478,926
-

3,141,414
396,030
-

3,240,014

3,537,444

Municipal Court
Public Defender
Other
Total Criminal Justice
Public Safety

50,105,838
28,227,696
74,902

50,706,216
25,905,976
64,205

78,408,436

76,676,397

Police
Fire
Other
Total Public Safety

-30-

Citywide Operating Expenditures by Program (continued)
For the Month Ended
DECEMBER 31
2017
2016

Budget
Estimate
2017-2018

Program

2017-2018 Year-to-Date
Operating Expenditures & Encumbrances
Capital
Operations
and Debt

Actual Year-to-Date
2017-2018
2016-2017

Transportation
$

4,999,370
1,009,851
23,719,295
6,034,156
35,762,672

$

5,997,377
1,018,678
24,937,750
3,393,640

Street Transportation
Street Lighting
Aviation
Public Transit

35,347,445

Total Transportation

$

71,996,080
11,770,967
310,554,884
310,950,911

$

37,418,249
5,720,462
148,678,841
249,812,582

$

29,707,566
5,619,758
147,010,981
204,918,951

$

36,483,654
5,720,462
119,299,911
217,814,322

934,595
29,378,930
31,998,260

705,272,842

441,630,134

387,257,256

379,318,349

62,311,785

60,933,593
95,454,581
29,490,369
50,070,115

26,560,865
43,475,565
12,978,221
19,471,030

23,285,526
36,479,636
14,568,794
13,583,245

26,560,865
43,439,135
11,198,295
19,471,030

36,430
1,779,926
-

235,948,658

102,485,681

87,917,201

100,669,325

1,816,356

101,451,405
39,661,235
5,842,725
65,115,039
20,325,455
67,056,229
5,055,056
4,427,907

52,021,713
18,698,486
3,227,062
38,042,684
10,158,290
32,175,406
3,811,317
2,361,055

49,650,686
16,757,346
3,026,089
34,494,453
10,236,190
30,389,173
2,672,019
2,409,697

51,825,665
18,698,486
3,227,062
28,067,031
31,862,015
3,811,317
2,361,055

196,048
9,975,653
10,158,290
313,391
-

308,935,051

160,496,013

149,635,653

139,852,631

20,643,382

Community Development
4,177,746
6,907,261
3,233,895
3,330,887

4,049,405
259,849
4,678,408
2,705,494

17,649,789

11,693,156

Planning and Development
Housing
Economic Development
Neighborhood Services Department
Total Community Development
Community Enrichment

7,023,413
2,713,228
887,778
4,839,540
5,234,764
5,812,549
117,701
251,957

7,254,284
2,446,303
458,665
3,870,206
5,298,165
4,763,020
275,039
239,791

26,880,930

24,605,473

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
DECEMBER 31
2017
2016

Budget
Estimate
2017-2018

Program

2017-2018 Year-to-Date
Operating Expenditures & Encumbrances
Capital
Operations
and Debt

Actual Year-to-Date
2017-2018
2016-2017

Environmental Services
$

29,452,757
12,971,090
13,501,499
2,379,525
134,925
58,439,796

$

24,849,767
9,794,744
10,117,438
1,607,025
132,390
46,501,364

Water System
Wastewater
Solid Waste Management
Public Works
Environmental Programs
Total Environmental Services

$

327,420,239
150,448,181
142,138,658
21,558,832
1,357,601

$

168,445,722
76,085,918
65,898,765
10,428,377
1,000,640

$

153,115,080
70,954,017
67,957,233
9,251,626
80,397

$

113,685,612
42,031,083
62,134,457
7,829,136
1,000,640

54,760,110
34,054,835
3,764,308
2,599,241
95,178,494

642,923,511

321,859,422

301,358,353

226,680,928

197,050
11,189,557
15,332,937
772,171
4,419,759
334,975
12,294,133
1,753,652
6,521,098
6,360,557
615,772
14,208,780
300
5,936,530
4,084,483
2,175,932
651,286
1,394,725
12,758,866
5,025,597
6,150
517,929

98,525
5,698,289
7,666,468
386,085
2,209,880
167,488
6,147,066
876,826
4,607,689
2,411,266
307,886
6,755,217
150
2,968,265
2,042,242
908,619
315,525
1,043,089
6,006,392
2,512,797
3,075
258,965

98,525
7,750,617
13,902,606
414,330
2,257,164
168,912
6,663,836
1,031,804
3,521,127
3,213,301
635,226
6,840,338
195,150
3,428,656
2,663,412
1,085,091
494,414
691,963
7,936,743
2,535,790
3,075
3,316,308

98,525
5,698,289
7,666,468
386,085
2,209,880
167,488
6,147,066
876,826
4,607,689
2,411,266
307,886
6,755,217
150
2,968,265
2,042,242
908,619
315,525
1,043,089
6,006,392
2,512,797
3,075
258,965

-

53,391,804

-

General Obligation Debt Service
16,421
949,715
1,277,745
64,347
368,314
27,915
1,024,511
146,138
750,856
401,878
51,315
1,125,869
25
494,711
340,374
151,437
173,848
1,001,065
418,799
512
43,161

16,421
1,244,188
1,805,291
66,828
288,077
1,970
1,079,965
159,610
566,278
477,269
93,666
1,021,012
32,525
469,587
443,902
180,849
40,341
115,328
1,141,089
338,247
513
552,718

8,828,956

10,135,674

Total Debt Service

106,552,239

53,391,804

68,848,388

34,365,850

44,562,889

Capital Improvement

733,419,374

176,699,337

161,532,338

Contingencies

103,400,000

$

274,651,628

261,788,242

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
MEGA Real Estate
Municipal Administration Buildings
Police Protection
Public Housing Renovation
Public Housing
Sanitary Sewers
Secondary Property Tax
Solid Waste Enterprise Bonds
Storm Sewer Improvements
Street Improvements
Street Light Refinancing
Public Transit
Water System

-

4,063,313,228

1,836,297,309
-32-

1,702,283,798

-

-

-

-

1,467,059,542

192,538,430

Capital Expenditures and Encumbrances
2017-2018
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

Budget
$

1,057,899 $
9,652,500
1,200,000
21,220,625
1,647,511
17,361,537
924,988
23,626,766
600,000
57,679,245
1,808,939
4,409,052
75,883,228
91,975,498
7,607,558
269,728,934

16,098 $
4,033,617
521,824
6,594,088
299,680
10,677
3,801,544
31,285,424
4,860,968
65,493
9,059,005
20,987,969
128,782
59,214,092

General Government Subtotal$

586,384,280 $

140,879,262 $

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

$

$

681,775,068
29,116,250
29,555,081
188,138,112
296,158,586
1,224,743,097

$

1,811,127,377

2016-2017
Actual Yearto-Date

Actual Yearto-Date

$

$

187,368,189
11,990,688
8,359,324
16,395,889
75,482,626
299,596,715

$

440,475,977

$

From Operating Funds
Budget
Actual

2017-2018 Year-to-Date Capital Amounts
From Capital Funds
Budget
Actual

Unencumbered
Budget

54,000 $
1,683,733
455,209
564,696
546,281
103,905
2,861,891
11,262,592
8,370
467,608
8,284,288
300,164
28,005,852
1,207,936
38,754,648

43,899 $
9,652,500
1,200,000
9,430,625
1,126,181
6,100,000
13,639,174
12,590,579
730,000
2,175,240
54,943,888
84,699,646
168,885,812

$
4,033,617
521,824
261,401
175,252
2,327,793
4,601,715
4,665,401
62,923
7,798,828
20,988,119
33,040,455

1,014,000 $
11,790,000
521,330
11,261,537
924,988
9,987,592
600,000
45,088,666
1,078,939
2,233,812
20,939,340
7,275,852
7,607,558
100,843,122

16,098 $
6,332,687
124,428
10,677
1,473,752
26,683,709
195,567
2,570
1,260,177
(150)
128,782
26,173,637

1,041,801
5,618,883
678,176
14,626,537
1,647,511
17,061,857
914,311
19,825,222
600,000
26,393,821
(3,052,029)
4,343,559
66,824,223
70,987,529
7,478,776
210,514,842

94,561,173

365,217,544 $

78,477,328

221,166,736 $

62,401,934

445,505,018

$

70,260,639
10,470,442
4,774,134
18,239,184
42,532,406
146,276,805

$

240,837,978

$

$

$

108,133,092
6,617,250
22,094,151
73,279,918
158,077,419
368,201,830

$

31,973,914
727,573
4,218,577
11,406,596
49,895,349
98,222,009

$

733,419,374

$ 176,699,337

- 33 -

$

$

$

$

573,641,976
22,499,000
7,460,930
114,858,194
138,081,167
856,541,267

$

1,077,708,003

$

$

$

155,394,275
11,263,115
4,140,747
4,989,292
25,587,277
201,374,706

$

$

494,406,879
17,125,562
21,195,757
171,742,223
220,675,960
925,146,382

$

263,776,640

$

1,370,651,400

Bonds Authorized and Sold
As of DECEMBER 31
(dollars in thousands)
Authorized

Sold

Available

1988 Authorizations
General Obligation Bonds
Freeway Mitigation, Neighborhood Stabilization,
and Slum and Blight Elimination
$
Bonds Fully Issued

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

$ 2,689,750

$ 2,537,395

Total General Obligation Bonds
Revenue Bonds
Bonds Fully Issued
Total 1988 Authorizations

$

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 -

$

152,355

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

Local Sales Tax (Dollars in Thousands)

Local Sales Tax
50,000

13-14 Actuals
14-15 Actuals

40,000

15-16 Actuals
16-17 Actuals

30,000

17-18 Actuals
17-18 budget

20,000

10,000

July

FY
13-14
14-15
15-16
16-17
17-18
17-18 budget

July
36,360
35,365
34,740
35,857
17,068
37,597

Aug

Sept

Aug
35,589
36,414
35,137
36,805
43,895
38,025

Sept
35,873
35,290
35,079
34,012
33,757
37,050

Oct

Oct
35,068
34,621
35,459
38,800
42,559
38,026

Nov

Nov
34,363
33,033
34,433
32,023
31,868
35,359

Dec

Dec
32,474
35,062
32,783
35,135
33,857
35,783

Jan

YTD thru
December
209,728
209,784
207,631
212,632
203,004
221,840

Note: City of Phoenix revenue is budgeted on an annual basis. 2017-18 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 2016-17 actual expenditures.

Return to Summary Page

- A1 -

Feb

Jan
40,116
37,227
37,567
38,595
40,551

Mar

Feb
32,084
34,432
32,793
22,766
32,248

Apr

May

June

Mar
32,147
34,938
33,135
33,502
35,325

Apr
35,988
37,203
36,307
28,921
36,566

May
33,165
33,049
34,236
47,647
39,123

June
34,898
33,017
38,598
44,372
39,859

State Sales Tax (Dollars in Thousands)

State Sales Tax
20,000

13-14 Actuals
14-15 Actuals

15,000

15-16 Actuals
16-17 Actuals
10,000

17-18 Actuals
17-18 budget

5,000

July

FY
13-14
14-15
15-16
16-17
17-18
17-18 budget

Aug

July
10,309
11,103
11,070
11,269
11,773
12,053

Sept

Aug
9,616
9,712
10,222
11,027
12,260
11,178

Oct

Sept
10,012
10,552
11,237
11,658
17,561
11,972

Nov

Oct
9,923
10,307
10,688
11,195
10,963
11,601

Dec

Nov
9,673
10,295
11,100
11,443
13,678
11,711

Jan

Dec
10,296
10,695
11,623
11,913
13,707
12,266

Feb

YTD thru
December
59,827
62,664
65,940
68,506
79,942
70,781

Note: City of Phoenix revenue is budgeted on an annual basis. 2017-18 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 2016-17 actual
expenditures.

Return to Summary Page

- A2 -

Mar

Jan
12,744
13,173
13,760
14,184
14,838

Apr

May

June

Feb
10,430
10,244
10,375
10,974
11,576

Mar
10,506
10,861
11,139
11,785
12,201

Apr
11,285
12,265
12,975
12,900
13,616

May
10,863
11,697
11,470
12,004
12,681

June
11,350
11,314
11,886
13,622
13,270

Vehicle License Tax (Dollars in Thousands)

Vehicle License Tax
10,000
13-14 Actuals
9,000
14-15 Actuals
8,000

15-16 Actuals

7,000

16-17 Actuals

6,000

17-18 Actuals

5,000

17-18 budget

4,000
3,000
2,000
July

FY
13-14
14-15
15-16
16-17
17-18
17-18 budget

Aug

July
4,752
4,963
5,095
5,712
9,008
5,635

Sept

Aug
4,663
5,004
5,133
4,393
4,830
5,270

Oct

Sept
3,992
3,749
4,087
4,846
5,152
4,578

Nov

Dec

Jan

Feb

Oct
3,912
4,415
4,922
5,181
5,670
5,060

Nov
3,958
4,198
4,291
4,242
4,904
4,582

Dec
3,872
3,857
4,550
4,826
5,741
4,697

YTD thru
December
25,148
26,185
28,079
29,200
35,305
29,822

Note: City of Phoenix revenue is budgeted on an annual basis. 2017-18 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 2016-17 actual expenditures.

Return to Summary Page

- A3 -

Mar

Jan
3,936
4,661
5,195
5,607
5,326

Apr

Feb
4,799
4,920
5,024
5,049
5,435

May

Mar
4,559
4,984
5,065
5,457
5,509

June

Apr
3,826
4,408
5,512
5,470
5,276

May
4,643
5,108
4,943
4,938
5,391

June
4,778
5,027
5,983
5,866
5,946

Governmental Funds Revenue (Dollars in Thousands)

Governmental Funds Revenue
2013-14
Actuals
2014-15
Actuals
2015-16
Actuals
2016-17
Actuals
2017-18
Actuals
17-18 budget

300,100.00

250,100.00

200,100.00

150,100.00

100,100.00

50,100.00

100.00
July

FY
13-14
14-15
15-16
16-17
17-18
17-18 budget

July
125,711
127,962
128,588
125,592
98,501
142,610

Aug

Sept

Aug
137,320
138,394
155,197
165,819
185,527
167,452

Sept
157,974
133,016
129,829
157,173
176,701
162,857

Oct

Oct
143,773
155,801
160,655
165,460
189,075
175,318

Nov

Nov
188,461
193,744
195,040
212,320
226,848
220,751

Dec

Jan

Dec
169,767
162,290
172,648
218,635
192,262
203,156

Feb

YTD thru
December
923,006
911,207
941,958
1,044,999
1,068,914
1,072,143

Note: City of Phoenix revenue is budgeted on an annual basis. 2017-18 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 2016-17 actual
expenditures.

Return to Summary Page

- A4 -

Mar

Jan
153,911
151,099
160,567
173,436
179,104

Apr

Feb
132,551
144,296
141,861
145,268
158,535

May

Mar
144,892
150,768
160,707
159,366
173,392

June

Apr
162,046
169,860
173,752
185,518
194,979

May
204,907
192,623
193,402
251,092
236,373

June
177,153
167,673
244,902
225,798
230,221

Aviation Revenues (Dollars in Thousands)

Aviation Operating Revenues
40,000
13-14 Actuals
14-15 Actuals
15-16 Actuals
30,000

16-17 Actuals
17-18 Actuals
17-18 budget

20,000

10,000
July

FY
13-14
14-15
15-16
16-17
17-18
17-18 budget

Aug

Sept

Oct

July
31,036
27,544
28,758
28,314
26,403
29,090

Aug
22,760
26,594
27,373
29,777
34,965
26,789

Sept
26,677
27,855
28,151
29,279
30,148
28,162

Nov

Oct
26,505
26,489
29,050
28,339
29,291
27,765

Dec

Nov
26,222
27,610
29,039
30,504
21,702
28,517

Jan

Feb

YTD thru
Dec
December
27,171
160,372
27,853
163,946
25,795
168,166
24,926
171,140
38,212
180,721
26,598
166,921

Note: City of Phoenix revenue is budgeted on an annual basis. 2017-18 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 2016-17 actual expenditures.

Return to Summary Page

- A5 -

Mar

Jan
26,659
27,917
28,789
28,532
28,145

Apr

Feb
26,561
26,683
27,161
28,901
27,494

May

Mar
28,352
30,414
31,530
29,273
30,075

June

Apr
31,467
32,304
30,759
33,162
32,118

May
29,350
29,251
29,439
32,146
30,230

June
27,200
29,272
29,507
31,531
29,557

Water System Revenues (Dollars in Thousands)

Water System Operating Revenues
100,000
13-14 Actuals

90,000

14-15 Actuals

80,000

15-16 Actuals

70,000

16-17 Actuals
60,000
17-18 Actuals
50,000

17-18 budget

40,000
30,000
20,000
10,000
July

FY
13-14
14-15
15-16
16-17
17-18
17-18 budget

Aug

July
49,017
50,166
47,014
50,220
54,624
52,117

Sept

Aug
42,137
40,684
43,100
47,104
44,633
45,911

Oct

Sept
41,144
36,711
42,235
43,613
44,819
43,437

Nov

Oct
34,917
30,601
34,778
37,360
39,391
36,526

Dec

Nov
34,774
32,130
30,252
34,083
38,890
34,823

Jan

Dec
22,327
24,573
24,406
26,073
27,184
25,839

Feb

Mar

Apr

May

YTD thru
December
224,316
214,865
221,786
238,453
249,541
238,653

Jan
22,872
21,031
22,460
21,608
23,342

Feb
21,185
19,044
19,179
19,223
20,864

Mar
21,993
20,725
24,487
20,925
23,385

Note: City of Phoenix revenue is budgeted on an annual basis. 2017-18 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 2016-17 actual
expenditures.

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- A6 -

June

Apr
29,578
31,472
32,097
32,958
33,461

May
36,292
32,249
34,122
38,009
37,326

June
42,563
32,329
42,680
46,526
43,542

Wastewater Revenues (Dollars in Thousands)

Wastewater Operating Revenues
27,000
13-14 Actuals
14-15 Actuals

22,000

15-16 Actuals
16-17 Actuals
17,000

17-18 Actuals
17-18 budget

12,000

7,000

2,000
July

FY
13-14
14-15
15-16
16-17
17-18
17-18 budget

Aug

July
17,634
18,325
16,156
18,836
18,615
18,361

Sept

Aug
18,252
18,520
18,477
19,359
22,957
19,308

Oct

Sept
18,224
18,337
21,171
19,337
19,811
19,945

Nov

Oct
17,798
17,754
18,058
18,611
20,195
18,690

Dec

Nov
20,452
17,529
17,530
18,347
20,386
19,114

Jan

Feb

YTD thru
Dec
December
17,763
110,123
18,276
108,740
18,697
110,090
19,493
113,984
20,097
122,061
19,210
114,628

Note: City of Phoenix revenue is budgeted on an annual basis. 2017-18 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 2016-17 actual
expenditures.

Return to Summary Page

- A7 -

Mar

Jan
17,618
18,183
19,384
19,155
19,239

Apr

Feb
18,058
17,960
18,385
18,594
18,891

May

Mar
14,986
17,538
18,659
19,618
18,323

June

Apr
18,386
18,112
21,363
19,731
20,080

May
18,299
17,762
18,555
20,233
19,370

June
16,909
18,253
19,289
20,633
19,431