February 2018
Monthly Financial Report

PREPARED BY
Financial Accounting & Reporting Division

City of Phoenix

Monthly Financial Report
February 2018
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

Monitor and Consider Taking Action

Environmental Services

4

Better than Expected

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

Better than 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.

February 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

February YTD
Annual
% of Annual
Expenditures
Expenditures * Expenditures
698,732
1,042,102
67.1%
704,778
1,051,395
67.0%
707,066
1,066,521
66.3%
745,561
1,105,361
67.4%
791,531
1,221,839
64.8%

* - 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

February YTD
Expenditures
February YTD
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 February are 6.2% 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

February YTD
Annual
% of Annual
Expenditures
Expenditures * Expenditures
67,617
100,400
67.3%
69,384
96,385
72.0%
71,538
105,240
68.0%
72,595
106,754
68.0%
79,151
118,398
66.9%

* - 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

February YTD
Expenditures
February YTD
Expenditures

$80,000
$60,000

Annual
Expenditures
*
Annual
Expenditures *

$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 February are 9.0% 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

February 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

February YTD
Annual
% of Annual
Expenditures
Expenditures * Expenditures
22,091
32,659
67.6%
21,009
31,018
67.7%
21,719
30,698
70.8%
20,675
31,595
65.4%
21,636
34,322
63.0%

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

Better than Expected

Criminal Justice
$40,000

February
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 February are 4.6% 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

February YTD
Annual
% of Annual
Expenditures
Expenditures * Expenditures
469,702
699,796
67.1%
474,792
716,304
66.3%
489,816
737,129
66.4%
516,987
764,482
67.6%
544,938
847,357
64.3%

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

Public Safety
$1,000,000
$800,000

February YTD
Expenditures

$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 February, general fund public safety expenditures are 5.4% 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

February 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

February YTD
Annual
% of Annual
Expenditures
Expenditures * Expenditures
20,828
29,713
70.1%
23,851
34,187
69.8%
10,436
17,473
59.7%
11,098
17,878
62.1%
13,150
20,548
64.0%

* - 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
February
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 February general fund transportation expenditures are 18.5% 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

February YTD
Annual
% of Annual
Expenditures
Expenditures * Expenditures
13,684
20,210
67.7%
12,892
18,986
67.9%
12,692
18,571
68.3%
12,784
19,709
64.9%
14,095
22,583
62.4%

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

Community Development
$25,000
February 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 February are 10.3% 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

February 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

February YTD
Annual
% of Annual
Expenditures
Expenditures * Expenditures
94,806
143,665
66.0%
90,592
138,024
65.6%
91,777
141,483
64.9%
95,572
146,749
65.1%
102,793
155,228
66.2%

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

Community Enrichment
$200,000
February YTD
Expenditures

$160,000
$120,000
$80,000

Annual
Expenditures *

$40,000
$0
13-14

14-15

15-16

16-17

17-18

Monitor and Consider Taking Action

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 February, general fund community enrichment expenditures are 7.6% higher than the same period in the prior fiscal year. The increased
spending over budget expectations is primarily due to the costs associated with the damage to the Burton Barr Central Library.
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

February YTD
Annual
% of Annual
Expenditures
Expenditures * Expenditures
9,274
13,748
67.5%
11,583
15,082
76.8%
7,585
12,143
62.5%
13,748
12,775
107.6%
9,234
13,731
67.2%

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

Environmental Services
$16,000
February YTD
Expenditures

$12,000
$8,000

Annual
Expenditures
*

$4,000
$0
13-14

Better than Expected

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 February, general fund environmental services expenditures are 32.8% lower 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.

February 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

February YTD Annual
% of Annual
Expenditures Expenditures * Expenditures
2,035,798
3,054,098
66.7%
2,022,852
3,051,875
66.3%
2,073,930
3,156,441
65.7%
2,195,311
3,468,589
63.3%
2,350,069
3,959,913
59.3%

* - For prior years-total actual expenditures, for current year-total
approved budget net of adjustments for contingencies and use of the
early redemption fund.

Total Citywide
$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

February
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 February are 7.0% higher than the same period in the prior fiscal year.

General Government

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

February YTD Annual
% of Annual
Expenditures Expenditures * Expenditures
77,942
114,235
68.2%
77,269
108,690
71.1%
80,324
118,505
67.8%
83,827
121,863
68.8%
92,407
147,657
62.6%

* - 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

February
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
February are 10.2% 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

February 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

% of Annual
February YTD Annual
Expenditures Expenditures * Expenditures
27,521
40,697
67.6%
26,542
39,265
67.6%
27,337
39,463
69.3%
27,251
41,117
66.3%
25,645
46,594
55.0%

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

Criminal Justice
$50,000

February
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
5.9% lower through February 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

February YTD Annual
% of Annual
Expenditures Expenditures * Expenditures
565,460
842,270
67.1%
561,069
841,817
66.6%
579,550
874,558
66.3%
607,741
908,553
66.9%
646,129
1,032,610
62.6%

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

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

February 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 February are
6.3% 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

February 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

February YTD Annual
% of Annual
Expenditures Expenditures * Expenditures
435,821
573,025
76.1%
436,530
582,486
74.9%
444,364
609,990
72.8%
463,838
642,850
72.2%
522,075
705,273
74.0%

* - 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

February
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 12.6% higher through February 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

February YTD Annual
% of Annual
Expenditures Expenditures * Expenditures
136,062
194,542
69.9%
130,273
188,670
69.0%
115,620
174,956
66.1%
121,705
188,365
64.6%
135,253
235,949
57.3%

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

Better than Expected

Community Development
$250,000

February
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 February of 11.1% 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

February 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

% of Annual
February YTD Annual
Expenditures Expenditures * Expenditures
180,457
272,326
66.3%
174,211
259,944
67.0%
178,359
273,179
65.3%
192,684
292,983
65.8%
205,936
308,685
66.7%

* - 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

February 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 February are 6.9% 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

February YTD Annual
% of Annual
Expenditures Expenditures * Expenditures
383,537
577,118
66.5%
361,325
545,198
66.3%
363,671
555,711
65.4%
391,423
599,837
65.3%
420,578
642,924
65.4%

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

Environmental Services
$700,000
February 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 7.4% higher through February 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

February 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

February
Annual
YTD
Expenditures % of Annual
Expenditures *
Expenditures
67,188
100,524
66.8%
89,798
134,594
66.7%
101,790
154,710
65.8%
91,709
137,205
66.8%
71,062
106,552
66.7%

* - 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
February 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 February are 22.5% 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

$ 586,634

$ 172,105

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

$ 547,090

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.

The Aviation department has spent or encumbered $430 million on the PHX Sky Train extension,
$25 million on Apron and Taxiway improvements, and $13 million on the terminal 4 south 1
concourse through February 2018.

- 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)

$ 15,878

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)

$ 8,399

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

$ 25,819

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

$ 90,056

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

February 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

February YTD Revenues
666,704
677,195
685,349
698,348
754,524

14-15

Annual
Revenues*
1,026,167
1,048,053
1,063,211
1,094,933
1,129,621

15-16

16-17

17-18

% of Annual
Revenues
65.0%
64.6%
64.5%
63.8%
66.8%

* - 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 February are
8.0% 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
35,205

150,000

Secondary

50,483

49,568

120,000

55,582

90,000
60,000

143,931

138,243

141,310

153,454

146,121

Primary

89,970

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
145,552
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
10,162
10,922

Feb
3,818
2,958
3,815
4,033
7,020
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 February, property tax collections are 2.7% 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
35,205
138,243
49,568
141,310
50,483
146,121
91,021
89,970
55,582
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 February, local sales tax revenues are 2.3% above prior year actuals.

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 February, state shared sales tax
revenues are 9.7% 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 February 2018 state shared sales tax revenues were 13.8% 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 February 2018 are 14.6% 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
Better than 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 February 2018 are 1.6% higher 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 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. Through February 2018, governmental funds revenues are 5.1% 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

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 February 2018 are 9.6% 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 February 2018, aviation operating
revenues are 6.7% 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 February 2018 are 5.2% higher than budget expectations for the period. The higher revenues are primarily due to increased water
consumption resulting from the exceptionally warm and dry weather the valley has been experiencing.

Water System Operating Revenues
3 Year Trend

60,000
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 February 2018, water system revenues are 6.5% 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 February 2018 are 6.1% 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 FEBRUARY 28
(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

280,413 $
2,135

273,993
1,107

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

106,598
133,357
46,489
89,970
1,916
5,514

93,664
127,565
39,856
83,623
1,801
5,213

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

8,545
725
9,362
8,407
4,877
1,209
4,549

7,479
636
8,965
468
4,645
1,131
4,298

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

23,876
620
8,799
4,206
12,958

22,421
8,392
2,488
10,604

1,129,621

- 22 -

$

$

754,524

$

698,348

General Fund Expenditures
As of FEBRUARY 28
(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

$

1,044 $
2,260
2,244
23,547
1,392
1,508
13,576
2,013
3,017
7,118
2,388
16,326
2,718
79,151

1,048
2,219
2,300
20,806
1,256
1,370
12,540
1,555
2,711
6,707
2,384
15,753
1,946
72,595

29,241
5,081
34,322

18,455
3,181
21,636

17,644
3,031
20,675

548,803
298,471
83
847,357

355,632
189,077
229
544,938

341,592
175,409
(14)
516,987

Transportation
Street Transportation
Public Transit
Total Transportation

18,836
1,712
20,548

11,527
1,623
13,150

9,446
1,652
11,098

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

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

3,350
8,264
2,449
32
14,095

3,004
7,146
2,601
33
12,784

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

90,983
38,766
19,141
6,338
155,228

60,672
26,087
11,122
4,912
102,793

58,286
22,253
11,146
3,887
95,572

Environmental Services
Public Works
Environmental Programs
Total Environmental Services

13,113
618
13,731

8,808
426
9,234

13,490
258
13,748

9,672

6,534

2,102

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

$ 1,277,739

- 23 -

$

$

791,531 $

745,561

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 FEBRUARY 28
(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

$
$

280,413 $
2,135 $

273,993
1,107

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

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

106,598
133,357
46,489
89,970
1,916
5,514
9,271
9,362
8,407
4,877
1,209
4,549
33,296
4,206
12,958

93,664
127,565
39,856
83,623
1,801
5,213
8,115
8,965
468
4,645
1,131
4,298
30,813
2,488
10,604

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

754,524

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

1,115,124

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

- 24 -

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

19,812
55,531
20,200
3,057
164,678
3,094
45,547
6,538
14,954
85,942
21,910
3,958
31,649
143,594
58,005

698,348

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

678,471

$
$
$
$
$

243,935
43,091
297,431
162,144
100,580
847,182

18,853
53,841
19,259
3,443
159,351
4,287
41,164
7,251
14,426
81,724
22,950
3,856
35,847
144,582
54,521
665,356

$
$
$
$
$

228,573
39,369
279,284
151,733
100,313
799,273

$ 2,280,177 $ 2,162,977

Citywide Operating Expenditures
As of FEBRUARY 28
(dollars in thousands)

Source
General Government
General Funds
Other Funds
Total General Government

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

Budget
2017-2018

79,151 $
13,256
92,407

72,595
11,232
83,827

34,322
12,272
46,594

21,636
4,009
25,645

20,675
6,576
27,251

847,357
185,253
1,032,610

544,938
101,191
646,129

516,987
90,754
607,741

Transportation
General Funds
Other Funds
Total Transportation

20,548
684,725
705,273

13,150
508,925
522,075

11,098
452,740
463,838

Community Development
General Funds
Other Funds
Total Community Development

22,583
213,366
235,949

14,095
121,158
135,253

12,784
108,921
121,705

Community Enrichment
General Funds
Other Funds
Total Community Enrichment

155,228
153,457
308,685

102,793
103,143
205,936

95,572
97,112
192,684

Environmental Services
General Funds
Other Funds
Total Environmental Services

13,731
629,193
642,924

9,234
411,344
420,578

13,748
377,675
391,423

Debt Service
General Funds
Other Funds
Total Debt Service

106,552
106,552

71,062
71,062

91,709
91,709

Capital Improvement
General Funds
Other Funds
Total Capital Improvement

9,672
723,997
733,669

6,534
224,450
230,984

2,102
213,031
215,133

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

1,277,739
2,785,574
$ 4,063,313

$

791,531
1,558,538
$ 2,350,069 $

- 25 -

745,561
1,449,750
2,195,311

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
FEBRUARY 28
2018
2017

Budget
Estimate
2017-2018

Source

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

General Funds
$

36,367,876
179,127
36,547,003

$

22,765,720
126,359

Local Taxes:
Sales Taxes
Privilege License Fees

$

445,511,000
2,290,000

$

280,412,556
2,134,858

$

273,993,171
1,106,772

22,892,079

Total Local Taxes

447,801,000

282,547,414

275,099,943

13,321,652
16,669,602
5,713,689

10,973,870
15,945,590
5,048,652

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

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

106,597,653
133,356,814
46,489,095

93,663,849
127,564,721
39,855,551

35,704,943

31,968,112

407,973,000

286,443,562

261,084,121

4,361,125

2,506,666

Primary Property Tax

153,454,000

89,969,587

83,623,182

228,189

176,270

Licenses and Permits

2,896,000

1,915,972

1,801,028

84,349

2,605,399

Cable Communications

10,090,000

5,513,568

5,213,093

1,174,226
131,894

1,034,161
118,401

Municipal Court:
Fines and Forfeitures
Court Default Fee

10,364,925
1,164,000

8,545,213
725,363

7,478,900
635,630

1,306,120

1,152,562

11,528,925

9,270,576

8,114,530

2,440,774

1,172,948

13,644,495

9,361,696

8,965,042

51,013

49,583

740,110

8,407,187

467,738

554,201

406,660

Parks and Recreation

7,658,381

4,877,243

4,645,470

Total State Shared Taxes

Total Municipal Court
Police
Library Fees

178,306

148,482

Planning and Development

2,106,481

1,209,066

1,131,319

1,351,981

911,679

Street Transportation

4,339,350

4,548,570

4,297,716

3,617,371
128,800
765,739

2,938,920
45,200
769,003

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

23,876,431
620,250
8,799,290

22,420,913
527,871
7,864,131

4,511,910

3,753,123

48,012,884

33,295,971

30,812,915

553,744

347,286

1,309,330

1,206,851

89,182,988

69,297,700

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

26

3,908,000

4,205,586

2,487,726

15,468,866

12,958,093

10,603,726

1,129,621,492

754,524,091

698,347,549

Citywide Operating Revenue by Source (continued)
For the Month Ended
FEBRUARY 28
2018
2017

Budget
Estimate
2017-2018

Source

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

Special Revenue and Debt Service Funds

$

1,800,472
128,605
643,026
23,714

$

2,595,817

5,319,739
1,767,006
144,336

$
$
$

7,231,081
2,755,954

424,334
0
194,610
(724)
24,515

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

1,524,077

Total Neighborhood Protection

3,292,730
1,145,381
1,541
4,439,652

$

$
$
$
$
$

642,735

17,540,102
3,286,568

1,052,141
75,154
375,764
21,018

1,553,000

475,945
0
230,316
(116)
80,481
786,626

$
$

20,826,670

10,182,892
4,858,104
15,040,996

0

$

0

5,633,031

$

3,788,051

920,351

$

284,484

1,212,816
42,529
1,255,345

$
$

1,202,233
23,939
1,226,172

$

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

$

13,505,443
964,674
4,823,373
518,356

$

12,948,550
924,897
4,624,482
355,431

31,694,000

19,811,846

18,853,360

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

41,222,757
14,062,889
245,706

39,770,186
13,634,542
436,603

88,995,000

55,531,352

53,841,331

31,853,000

20,199,840

19,258,532

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

1,861,398
0
969,158
(4,549)
231,309

1,979,917
0
1,311,908
(959)
151,987

5,942,200

3,057,316

3,442,853

210,700,000
51,376,890

131,563,246
33,115,041

124,597,972
34,753,505

262,076,890

164,678,287

159,351,477

4,847,340

3,094,324

4,287,460

Planning and Development

53,948,800

45,547,353

41,163,789

Capital Construction

11,076,000

6,537,529

7,250,884

Sports Facilities:
Sales Taxes
Interest/Other

19,235,000
8,852,016

10,304,558
4,649,882

9,839,957
4,585,630

28,087,016

14,954,440

14,425,587

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
FEBRUARY 28
2018
2017

Budget
Estimate
2017-2018

Source

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

Special Revenue and Debt Service Funds (Cont'd)

$

9,965,637
104,593
0

14,636,671
64,785
1,200

10,070,230

14,702,656

-

$

-

Highway User Revenue:
Highway User Revenue
Interest
Other
Total Highway User Revenue
Local Transportation Assistance

127,531,000
500,000
150,000

85,114,765
816,057
11,400

80,998,649
434,829
290,793

128,181,000

85,942,222

81,724,271

0

0

0

2,713,782

2,573,809

Regional Transit Revenues

38,214,960

21,909,631

22,949,903

323,915

1,208,926

Community Reinvestment

5,091,810

3,958,111

3,855,933

2,159,580

6,376,130

Other Restricted Fees

48,173,904

31,649,278

35,847,380

929,536
5,750,866
405,448

422,948
5,648,344
784,819

Grants:
Public Housing:
Rentals
Grants
Other

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

5,189,097
48,422,774
5,752,296

4,995,722
47,091,159
9,754,152

7,085,850

6,856,111

97,651,872

59,364,167

61,841,033

3,582,919
10,118,316
4,057,353
2,744,573

3,724,347
4,752,131
2,872,326
2,735,108

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

25,881,782
24,899,846
4,550,452
28,898,205

23,921,621
23,508,824
10,219,423
25,091,336

20,503,161

14,083,912

Total Other

179,889,369

84,230,285

82,741,204

27,589,011

20,940,023

Total Grants

277,541,241

143,594,452

144,582,237

94,663,937
4,736,652

55,582,978
2,421,650

52,152,979
2,368,483

2,658,120
0

1,526,132
0

2,658,120

1,526,132

87,375,622

75,970,734

$

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

58,004,628

54,521,462

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

678,470,609

665,356,459

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

69,955,637
163,193,306
2,792,803
3,566,571
1,732,115
1,956,388
738,474

66,617,523
155,862,498
1,367,229
722,905
1,561,580
1,979,541
461,423

344,541,200

243,935,294

228,572,699

Total G.O. Bond/Secondary Property Tax

Enterprise Funds
AVIATION:

8,955,132
20,446,743
372,597
361,150
207,360
256,499
71,604

8,446,400
19,577,145
173,425
249,740
176,473
233,114
44,562

30,671,085

28,900,859

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
FEBRUARY 28
2018
2017

Budget
Estimate
2017-2018

Source

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

Enterprise Funds (Cont'd)
CONVENTION CENTER:
$

3,831,209
1,828,735
52,071

2,794,058
2,246,061
36,801

5,712,015

5,076,920

20,385,305
460,509
383,068
624,265
158,640
271,778
420,325

17,370,461
423,799
406,530
265,169
178,680
213,539
364,596

22,703,890

19,222,774

Excise Taxes
Operating Revenue
Interest
Total Convention Center

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

29,830,521
12,845,892
414,297

28,024,876
11,054,779
289,721

73,178,998

43,090,710

39,369,376

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

275,996,564
3,983,650
3,567,019
4,087,804
2,442,004
2,052,163
5,302,141

260,897,066
3,219,934
3,946,303
4,133,362
2,315,430
1,690,108
3,082,183

420,570,000

297,431,345

279,284,386

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

133,588,933
12,564,129
2,379,420
2,018,816
11,593,195

126,365,615
13,020,492
2,168,940
1,311,700
8,866,593

229,962,000

162,144,493

151,733,340

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

87,161,337
4,667,975
482,229
8,268,578

86,222,263
5,564,745
467,119
8,059,132

148,669,411

100,580,119

100,313,259

1,216,921,609

847,181,961

799,273,060

WATER SYSTEM:
$

Water Sales
Water Service Fees
Distribution
Intergovernmental
Development Fees
Interest
Other

$

Total Water System
WASTEWATER:

16,574,398
1,539,786
135,840
208,525
1,040,484

15,783,293
1,420,016
138,780
172,746
1,079,203

19,499,033

18,594,038

10,932,835
301,518
62,958
499,875

10,792,145
578,477
61,281
1,161,650

11,797,186

12,593,553

90,383,209

84,388,144

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

$

266,941,819

$

229,656,578

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

$

Total Operating Revenues

29

3,461,666,851

$

2,280,176,661

$

2,162,977,068

Citywide Operating Expenditures by Program
For the Month Ended
FEBRUARY 28
2018
2017

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
$

120,300
264,412
283,748
6,850,799
53,715
197,303
199,304
1,463,997
215,867
356,357
2,071
458,497
51,787
29,404
152,448
6,843
261,608
968,920
197,499
12,134,879

$

113,274
250,110
286,861
3,489,662
223,877
(21,017)
176,697
1,307,559
200,787
198,721
13,841
963,904
53,174
47,725
161,146
6,809
258,435
2,943,632
2,803,426
13,478,623

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

$

1,043,680
2,259,693
2,447,786
31,658,710
666,864
1,665,349
1,840,238
14,536,854
2,013,462
3,016,586
489,223
7,784,630
474,313
246,359
1,017,573
69,670
2,387,709
18,880,565
(92,222)

$

1,048,007
2,219,257
2,545,690
22,743,289
758,028
1,316,140
1,614,087
13,426,642
1,555,361
2,710,948
171,722
7,751,110
477,012
408,590
469,900
73,862
2,383,594
20,260,187
1,893,830

$

1,043,680
2,259,693
2,447,786
23,948,796
666,864
1,665,349
1,840,238
14,536,854
2,013,462
3,016,586
489,223
7,317,604
474,313
246,359
1,017,573
69,670
2,387,709
17,744,145
(92,222)

7,709,914
467,026
1,136,420
-

147,657,166

92,407,042

83,827,256

83,093,682

9,313,360

41,513,195
5,080,998
-

22,464,044
3,181,230
-

24,220,105
3,030,707
-

19,741,310
3,181,230
-

2,722,734
-

46,594,193

25,645,274

27,250,812

22,922,540

2,722,734

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

422,250,479
223,204,619
674,282

404,037,097
203,165,804
537,773

420,530,773
220,351,318
674,282

1,719,706
2,853,301
-

1,032,610,194

646,129,380

607,740,674

641,556,373

4,573,007

Criminal Justice
2,647,550
385,324
-

3,071,598
374,375
-

3,032,874

3,445,973

Municipal Court
Public Defender
Other
Total Criminal Justice
Public Safety

51,564,038
24,428,602
69,754

45,299,648
23,596,322
83,272

76,062,394

68,979,242

Police
Fire
Other
Total Public Safety

-30-

Citywide Operating Expenditures by Program (continued)
For the Month Ended
FEBRUARY 28
2018
2017

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
$

5,238,913
1,679,167
22,738,575
10,390,838
40,047,493

$

3,190,008
918,756
23,452,858
8,840,751

Street Transportation
Street Lighting
Aviation
Public Transit

36,402,373

Total Transportation

$

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

$

47,866,412
8,284,699
195,434,788
270,489,491

$

38,757,739
7,466,277
192,819,360
224,794,717

$

46,655,244
8,284,699
154,874,139
225,693,491

1,211,168
40,560,649
44,796,000

705,272,842

522,075,390

463,838,093

435,507,573

86,567,817

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

34,940,146
58,171,040
17,168,406
24,972,915

30,597,044
56,013,645
16,659,834
18,434,566

34,940,146
58,122,466
14,795,351
24,972,915

48,574
2,373,055
-

235,948,658

135,252,507

121,705,089

132,830,878

2,421,629

101,201,405
39,661,235
5,842,725
65,115,039
20,325,455
67,056,229
5,055,056
4,427,907

66,535,900
26,480,282
4,379,490
47,249,056
12,126,836
42,345,520
3,845,348
2,973,878

62,981,772
22,524,229
3,942,292
43,360,253
12,196,953
41,583,461
3,318,526
2,776,606

66,274,502
26,480,282
4,379,490
33,956,801
41,927,665
3,845,348
2,973,878

261,398
13,292,255
12,126,836
417,855
-

308,685,051

205,936,310

192,684,092

179,837,966

26,098,344

Community Development
4,535,919
7,020,554
1,967,098
2,146,424

3,516,198
6,504,952
2,390,453
2,396,141

15,669,995

14,807,744

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

7,501,262
2,465,774
548,443
4,499,952
984,273
4,968,245
292,392
412,607

5,965,001
2,653,956
460,131
4,420,133
980,382
5,544,764
401,256
111,562

21,672,948

20,537,185

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
FEBRUARY 28
2018
2017

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
$

23,092,687
11,863,244
9,176,361
347,024
24,281
44,503,597

$

18,541,781
11,343,388
7,079,046
6,402,877
96,910
43,464,002

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

$

218,977,979
99,654,201
88,550,763
12,254,932
1,140,264

$

191,245,095
94,935,321
86,335,962
18,607,644
299,358

$

145,957,989
54,244,154
83,571,130
8,829,345
1,140,264

73,019,990
45,410,047
4,979,633
3,425,587
126,835,257

642,923,511

420,578,139

391,423,380

293,742,882

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

131,367
7,593,511
10,221,957
514,780
2,946,506
223,317
8,196,088
1,169,101
6,101,921
3,212,875
410,514
8,999,239
200
3,957,686
2,722,989
1,210,816
358,396
1,388,947
8,001,762
3,350,397
4,100
345,286

131,367
10,333,036
18,476,869
552,163
3,007,958
224,742
8,881,746
1,374,235
4,694,196
4,283,373
846,021
9,117,868
260,200
4,567,934
3,551,215
1,446,788
659,413
922,617
10,571,845
3,379,514
4,100
4,421,744

131,367
7,593,511
10,221,957
514,780
2,946,506
223,317
8,196,088
1,169,101
6,101,921
3,212,875
410,514
8,999,239
200
3,957,686
2,722,989
1,210,816
358,396
1,388,947
8,001,762
3,350,397
4,100
345,286

-

71,061,755

-

General Obligation Debt Service
16,421
947,611
1,277,744
64,347
368,313
27,915
1,024,511
146,137
747,390
400,804
51,314
1,122,011
25
494,711
340,374
151,099
172,929
997,685
418,800
512
43,161

16,421
1,291,209
2,287,131
68,917
375,397
27,915
1,108,955
171,215
586,534
535,036
105,398
1,138,765
32,525
569,639
443,901
180,849
165,000
115,327
1,317,551
421,862
513
552,718

8,813,814

11,512,778

Total Debt Service

106,552,239

71,061,755

91,708,944

36,766,509

17,918,914

Capital Improvement

733,669,374

230,983,703

215,133,388

Contingencies

103,400,000

$

258,704,503

230,546,834

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

2,350,069,500
-32-

2,195,311,728

-

-

-

-

1,860,553,649

258,532,148

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
21,318,325
1,647,511
17,361,537
924,988
23,626,766
600,000
57,679,245
1,808,939
4,409,052
76,133,228
91,975,498
7,607,558
269,631,234

16,098 $
4,380,023
705,743
7,408,973
1,093,024
85,895
7,837,260
35,816,569
5,520,637
174,266
13,417,538
22,221,464
128,160
73,299,184

General Government Subtotal$

586,634,280 $

172,104,835 $

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

$

1,811,377,377

2016-2017
Actual Yearto-Date

Actual Yearto-Date

$

$

547,090,265
15,877,876
8,398,798
25,818,663
90,055,676
687,241,278

$

859,346,112

From Operating Funds
Budget
Actual

54,000 $
6,406,759
698,825
850,616
571,678
239,121
4,186,216
15,682,969
128,453
547,327
16,855,100
324,966
28,557,325
1,208,262
46,283,958
122,595,575

$

$

102,833,366
13,942,510
5,760,982
30,305,107
78,533,318
231,375,283

$

353,970,858

$

$

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

Unencumbered
Budget

43,899 $
9,652,500
1,200,000
9,528,325
1,126,181
6,100,000
13,639,174
12,590,579
730,000
2,175,240
55,193,888
84,699,646
168,788,112

$
4,380,023
705,743
992,129
3,296,012
5,362,634
5,306,318
76,696
11,802,042
22,217,223
42,918,921

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 $
6,416,844
1,093,024
85,895
4,541,248
30,453,935
214,319
97,570
1,615,496
4,241
128,160
30,380,263

1,041,801
5,272,477
494,257
13,909,352
1,647,511
16,268,513
839,093
15,789,506
600,000
21,862,676
(3,711,698)
4,234,786
62,715,690
69,754,034
7,479,398
196,332,050

365,467,544 $

97,057,741

221,166,736 $

75,047,094

414,529,445

$

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

47,770,768
864,855
4,250,719
20,104,328
60,935,292
$ 133,925,962

$

733,669,374

$ 230,983,703

- 33 -

$

$

$

$

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

$

1,077,708,003

$

$

$

499,319,497
15,013,021
4,148,079
5,714,335
29,120,384
553,315,316

$

$

134,684,803
13,238,374
21,156,283
162,319,449
206,102,910
537,501,819

$

628,362,410

$

952,031,265

Bonds Authorized and Sold
As of FEBRUARY 28
(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

Oct

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
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

Jan
40,116
37,227
37,567
38,595
41,041
40,551

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

Feb
32,084
34,432
32,793
22,766
36,368
32,248

Mar

YTD thru
February
281,928
281,442
277,990
273,993
280,413
294,639

Apr

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

May

June

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

Jan
12,744
13,173
13,760
14,184
13,334
14,838

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

Feb
10,430
10,244
10,375
10,974
13,322
11,576

Apr

YTD thru
February
83,001
86,082
90,075
93,664
106,598
97,195

May

June

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

Jan
3,936
4,661
5,195
5,607
5,470
5,326

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

Feb
4,799
4,920
5,024
5,049
5,714
5,435

Apr

YTD thru
February
33,883
35,767
38,298
39,856
46,489
40,583

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
300,100.00

2013-14 Actuals
2014-15 Actuals

250,100.00

2015-16 Actuals
200,100.00

2016-17 Actuals
2017-18 Actuals

150,100.00
17-18 budget
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

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

Sept

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

Oct

Nov

Dec

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

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

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

Jan

Jan
153,911
151,099
160,567
173,436
187,522
179,104

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 -

Feb

Feb
132,551
144,296
141,861
145,268
176,559
158,535

Mar

Apr

May

YTD thru
February
1,209,468
1,206,602
1,244,386
1,363,704
1,432,995
1,409,782

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

Dec
27,171
27,853
25,795
24,926
38,212
26,598

Feb

Jan
26,659
27,917
28,789
28,532
32,543
28,145

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

Feb
26,561
26,683
27,161
28,901
30,671
27,494

Apr

YTD thru
February
213,592
218,547
224,116
228,573
243,935
222,560

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
60,000
13-14 Actuals
14-15 Actuals

50,000

15-16 Actuals
40,000

16-17 Actuals
17-18 Actuals

30,000

17-18 budget

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

Jan
22,872
21,031
22,460
21,608
25,186
23,342

Feb
21,185
19,044
19,179
19,223
22,704
20,864

YTD thru
February
268,373
254,939
263,424
279,284
297,431
282,859

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.

Return to Summary Page

- 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

Dec
17,763
18,276
18,697
19,493
20,097
19,210

Feb

Jan
17,618
18,183
19,384
19,155
20,584
19,239

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

Feb
18,058
17,960
18,385
18,594
19,499
18,891

Apr

YTD thru
February
145,800
144,883
147,859
151,733
162,144
152,758

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