September 2020 Monthly Financial Report PREPARED BY Financial Accounting & Reporting Division September 30, 2020 To the Mayor and City Council: This is the City's Financial Report for September, the third month of fiscal year 2020-21. This financial report summarizes revenues and expenditures by major categories. The report consists of three sections: Expenditures by Program General Fund Presents a five year history, including current year budget and actual, and variance and trend analysis for general fund expenditures. Citywide Presents a five year history, including current year budget and actual, and variance and trend analysis for citywide expenditures. Revenues by Source Presents a current year budget to actual analysis as well as a three year variance and trend analysis for various revenue sources. Financial Schedules General Fund 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. 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 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. Respectfully submitted, Denise Olson Chief Financial Officer Joe Jatzkewitz Deputy Finance Director November 5, 2020 CITY AUDITOR REPORT To the Chief Financial Officer, We have assessed the Finance Department’s (Finance) September 2020 Monthly Financial Report (MFR) in accordance with the agreed-upon procedures engagement between Finance and the City Auditor Department (Audit). The City Charter requires Finance to prepare a monthly, written report to the City Council detailing expenditures, revenues, and the City’s financial condition. Finance is responsible for compiling an accurate and complete MFR. Finance and Audit entered into an agreed-upon procedures engagement for the assessment of the MFR on October 7, 2020. The agreed-upon procedures include the following: • Verification of mathematical calculations presented within the MFR, and • Reconciliation of stated financial data presented within the MFR to historical data supplied by Finance. This engagement was conducted in accordance with the attestation standards established by Generally Accepted Government Auditing Standards (GAGAS). Because the agreed-upon procedures listed above do not constitute an examination or a review, we will not express an opinion on the MFR as a whole. Had we performed additional procedures, other matters may have come to our attention which would have been reported. The sufficiency of the procedures is solely the responsibility of parties specified in the agreed-upon procedures engagement agreement. Based on the agreed-upon procedures, we verified that the presented financial data was mathematically accurate and tied to historical data presented in the MFR. Sincerely, For Ross Tate City Auditor City of Phoenix Monthly Financial Report September 2020 Table of Contents Expenditures by Programs Page Performance Status General Fund Expenditures Report Navigation General Fund Total Expenditures 1 Better than Expected General Government 1 Better than Expected Click on either the schedule name or the Criminal Justice 2 Better than Expected performance status in the table of contents to Public Safety 2 Expected be taken directly to that page of the report. Transportation 3 Better than Expected Community Development 3 Better than Expected From any page of the report, click on the Community Enrichment 4 Better than Expected City of Phoenix Bird Emblem to return to the Environmental Services 4 Better than Expected Table of Contents Citywide Total Operating Expenditures 5 Better than Expected General Government 5 Better than Expected Criminal Justice 6 Better than Expected Performance Status Public Safety 6 Expected Better than Expected - Positive variance of Transportation 7 Better than Expected Community Development 7 Expected Community Enrichment 8 Better than Expected positive or negative. Environmental Services 8 Better than Expected Monitor and Consider Taking Action - Negative General Obligation Debt Service 9 Expected Citywide Expenditures greater than 1% actual vs budget. Expected - Actual vs budget variance within 1% variance greater than 1% actual vs budget. Capital Expenditures CIP-General Government 10 Corrective Action Taken - Negative variance CIP-Aviation 10 greater than 1% actual vs budget, however the CIP-Phoenix Convention Center 11 City has taken action to address the negative CIP-Solid Waste Disposal 11 variance. CIP-Wastewater 12 CIP-Water System 12 Revenues by Source General Fund Total Operating Revenue Page 13 Performance Status Better than Expected Property Tax 14 Expected Local Sales Tax 15 Better than Expected State Sales Tax 16 Better than Expected Vehicle License Tax 17 Better than Expected Governmental Funds 18 Monitor and Consider Taking Action Aviation 19 Monitor and Consider Taking Action Water System 20 Better than Expected Wastewater 21 Better than Expected Financial Schedules General Fund Revenue Page 22 General Fund Expenditures 23 Citywide Operating Revenue 24 Citywide Operating Expenditures 25 Citywide Operating Revenue by Source 26 Citywide Operating Expenditures by Program 30 Capital Expenditures and Encumbrances 33 Bonds Authorized and Sold 34 Appendix A - Additional Detail for Revenues General Fund Expenditures Expenditures from the City's General Fund for core functions such as Police, Fire, Parks, Streets and Social Services as well as administrative functions such as Mayor and Council, City Manager, Finance, and Human Resources. This does not include any expenditures from dedicated revenue streams such as grants, bonds, specifically dedicated taxes, and enterprise revenues. September General Fund YTD Expenditures (Dollars in Thousands) Total General Fund Expenditures 16-17 17-18 18-19 19-20 20-21 September YTD Annual % of Annual Expenditures Expenditures * Expenditures 294,561 1,105,361 26.6% 319,097 1,177,280 27.1% 315,877 1,214,362 26.0% 348,463 1,282,831 27.2% 355,060 1,388,618 25.6% * - For prior years-total actual expenditures, for current year-total approved budget net of adjustment for contingencies. Better than Expected Refer to detailed financial schedules pages 22 thru 34 Total General Fund General Government $1,600,000 $1,400,000 $1,400,000 $1,200,000 $1,200,000 $1,000,000 $1,000,000 $800,000 $800,000 September September YTD YTD Expenditures Expenditures $600,000 $600,000 Annual Annual Expenditures Expenditures * * $400,000 $400,000 $200,000 $200,000 $0 $0 16-17 17-18 16-17 18-19 19-20 20-21 17-18 18-19 In order to have a better comparison to prior year actuals, contingencies and vacancy savings 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 2020-21 budgeted general fund expenditures are 8.2% higher than the fiscal year 2019-20 actuals. Fiscal year 2020-21 actual general fund expenditures through September are 1.9% higher than the same period in fiscal year 2018-19. General fund expenditures increased 5.6% in fiscal year 2019-20 over fiscal year 2018-19. This followed increases of 3.1% and 6.5% in the two prior years. General Government 16-17 17-18 18-19 19-20 20-21 September YTD Annual % of Annual Expenditures Expenditures * Expenditures 31,105 106,754 29.1% 33,459 110,408 30.3% 34,439 114,393 30.1% 43,285 123,100 35.2% 39,821 152,890 26.0% * - For prior years-total actual expenditures, for current year-total approved budget Better than Expected Criminal Justice General Government $140,000 $180,000 $120,000 $160,000 $100,000 $140,000 $120,000 $80,000 $100,000 $60,000 $80,000 $60,000 $40,000 $40,000 $20,000 $20,000 $0 September YTD September Expenditures YTD Expenditures Annual Expenditures * Annual Expenditures * 16-1717-18 16-17 17-18 18-19 19-20 18-19 20-21 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 2020-21 budget includes a 24.2% increase over fiscal year 2019-20 actuals. General fund general government expenditures through September are 8.0% lower than the same period in the prior fiscal year. General fund general government expenditures increased 7.6% in fiscal year 2019-20 over fiscal year 2018-19. This followed increases of 3.6% and 3.4% in the prior two years. 1 September General Fund YTD Expenditures (Dollars in Thousands) Refer to detailed financial schedules pages 22 thru 34 Criminal Justice Criminal Justice September YTD Annual % of Annual Expenditures Expenditures * Expenditures 7,876 31,595 24.9% 8,427 32,232 26.1% 8,733 33,387 26.2% 9,071 35,033 25.9% 9,455 37,541 25.2% $40,000 * - For prior years-total actual expenditures, for current year-total approved budget $5,000 16-17 17-18 18-19 19-20 20-21 Better than Expected September YTD Expenditures $35,000 $30,000 $25,000 Annual Expenditures * $20,000 $15,000 $10,000 $0 16-17 17-18 18-19 19-20 20-21 Criminal justice expenditures include costs for municipal courts and public defenders. The fiscal year 2020-21 budget includes a 7.2% increase over fiscal year 2019-20 actuals. General fund criminal justice expenditures through September are 4.2% higher than the same period in the prior fiscal year. General fund criminal justice expenditures increased 4.9% in the fiscal year 2019-20 over fiscal year 2018-19. This followed increases of 3.6% and 2.0% in the prior two years. Public Safety Public Safety September YTD Annual % of Annual Expenditures Expenditures * Expenditures 203,020 764,482 26.6% 216,079 817,960 26.4% 214,322 841,467 25.5% 228,644 893,403 25.6% 243,169 944,681 25.7% $1,000,000 * - For prior years-total actual expenditures, for current year-total approved budget $0 16-17 17-18 18-19 19-20 20-21 September YTD Expenditures $800,000 $600,000 $400,000 Annual Expenditures * $200,000 16-17 17-18 18-19 19-20 20-21 Expected Public safety expenditures include costs for police and fire services. The general fund public safety fiscal year 2020-21 budget includes a 5.7% increase over fiscal year 2019-20 actuals. Through September, general fund public safety expenditures are 6.4% higher than the prior fiscal year. General fund public safety expenditures increased 6.2% over fiscal year 2019-20 over the fiscal year 2018-19. This followed increases of 2.9% and 7.0% in the prior two years. 2 September General Fund YTD Expenditures (Dollars in Thousands) Refer to detailed financial schedules pages 22 thru 34 Transportation Community Development Transportation September YTD Annual % of Annual Expenditures Expenditures * Expenditures 4,708 17,878 26.3% 7,468 16,366 45.6% 427 18,337 2.3% 1,319 19,748 6.7% 1,216 20,762 5.9% $1 $30,000 * - For prior years-total actual expenditures, for current year-total approved budget $0 16-17 17-18 18-19 19-20 20-21 Better than Expected $1 Series1 September YTD Expenditures $1 $20,000 $1 $0 $10,000 Annual Series2 Expenditures * $0 $0 16-17 17-18 18-19 19-20 20-21 Transportation expenditures include costs for public transit and street maintenance and repair. General Fund transportation expenditures for fiscal year 2020-21 are budgeted to increase 5.1% over fiscal year 2019-20 actuals. Prior to fiscal year 2018-19 street transportation department charged expenses to the general fund and subsequently transferred some of those expenses to the AHUR fund. Beginning in fiscal year 2018-19 street transportation is charging the majority of expenses to AHUR and will be transferring a portion of those to the General Fund. Through September, General fund transportation expenditures are 7.8% lower than the same period in the prior fiscal year. Community Development 16-17 17-18 18-19 19-20 20-21 September YTD Annual % of Annual Expenditures Expenditures * Expenditures 4,861 19,709 24.7% 5,620 20,243 27.8% 5,398 21,238 25.4% 5,873 22,542 26.1% 6,036 24,761 24.4% * - For prior years-total actual expenditures, for current year-total approved budget Community Development $30,000 September YTD Expenditures $25,000 $20,000 $15,000 $10,000 Annual Expenditures * $5,000 $0 16-17 Better than Expected 17-18 18-19 19-20 20-21 Community development expenditures include costs for economic development and neighborhood services. The fiscal year 2020-21 budget includes a 9.8% increase over fiscal year 2019-20 actuals. General fund community development expenditures through September are 2.8% higher than the same period in the prior fiscal year. General fund community development expenditures increased in fiscal year 2019-20 over fiscal year 2018-19 by 6.1%. This follows a year over year increase of 4.9% in fiscal year 2018-19 and 2.7% increase in the 2017-18 fiscal year. 3 September General Fund YTD Expenditures (Dollars in Thousands) Refer to detailed financial schedules pages 22 thru 34 Community Enrichment Community Enrichment September YTD Annual % of Annual Expenditures Expenditures * Expenditures 40,612 146,749 27.7% 43,129 156,325 27.6% 47,038 156,552 30.0% 51,875 155,417 33.4% 48,558 169,541 28.6% $200,000 * - For prior years-total actual expenditures, for current year-total approved budget $0 16-17 17-18 18-19 19-20 20-21 September YTD Expenditures $160,000 $120,000 Annual Expenditures * $80,000 $40,000 16-17 17-18 18-19 19-20 20-21 Better than Expected Community enrichment expenditures include costs for parks, recreational activities, senior centers and community centers. The fiscal year 2020-21 budget includes a 9.1% increase over fiscal year 2019-20 actuals. Through September, general fund community enrichment expenditures are 6.4% lower than the same period in the prior fiscal year. General fund community enrichment expenditures decreased 0.7% in fiscal year 2019-20 over fiscal year 2018-19. This followed increases of 0.1% and 6.5% in the prior two years. Environmental Services 16-17 17-18 18-19 19-20 20-21 September YTD Annual % of Annual Expenditures Expenditures * Expenditures 1,123 12,775 8.8% 3,971 12,624 31.5% 4,470 16,886 26.5% 6,205 19,180 32.4% 5,916 18,799 31.5% * - For prior years-total actual expenditures, for current year-total approved budget Environmental Services $24,000 September YTD Expenditures $20,000 $16,000 $12,000 $8,000 Annual Expenditures * $4,000 $0 16-17 Better than Expected 17-18 18-19 19-20 20-21 Environmental service expenditures include costs for maintaining and operating city facilities. The fiscal year 2020-21 budget includes a 2.0% decrease from fiscal year 2019-20 actuals. Because environmental service expenditures are highly dependent on interdepartmental charges, they tend to be very volatile. Through September, general fund environmental services expenditures are 4.7% lower than the prior fiscal year. 4 Citywide Expenditures All expenditures of the City including those for enterprise functions and those related to dedicated revenue streams. Expenditures are reported in total and by program. September Citywide YTD Expenditures (Dollars in Thousands) Refer to detailed financial schedules pages 22 thru 34 Total Citywide Operating 16-17 17-18 18-19 19-20 20-21 September YTD Annual % of Annual Expenditures Expenditures * Expenditures 946,700 3,468,589 27.3% 1,028,490 3,547,078 29.0% 1,159,267 3,775,464 30.7% 1,164,344 3,814,963 30.5% 1,132,651 4,639,965 24.4% * - 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 $5,000,000 September YTD Expenditures $4,000,000 $3,000,000 $2,000,000 Annual Expenditures * $1,000,000 $0 16-17 17-18 18-19 19-20 20-21 Better than Expected In order to have a better comparison to prior year actuals, coronavirus relief fund, contingencies and vacancy savings will only be included in the annual budget to the extent that they have been spent. Without coronavirus relief fund, contingencies and vacancy savings, the budget for fiscal year 2020-21 anticipates an increase of 21.6% over fiscal year 2019-20 actuals in total operating expenditures. Actual expenditures through September are 2.7% lower than the same period in the prior fiscal year. General Government 16-17 17-18 18-19 19-20 20-21 September YTD Annual % of Annual Expenditures Expenditures * Expenditures 35,193 121,863 28.9% 39,013 134,117 29.1% 35,898 138,349 25.9% 47,785 157,200 30.4% 53,759 178,719 30.1% * - For prior years-total actual expenditures, for current year-total approved budget Better than Expected General Government $200,000 September YTD Expenditures $150,000 $100,000 Annual Expenditures * $50,000 $0 16-17 17-18 18-19 19-20 20-21 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 September are 12.5% higher than the same period in the prior fiscal year. The budget anticipates an increase of 13.7% for fiscal year 2020-21 over fiscal year 201920 actuals. Debt service budget and expenditures for the first five months ending November 2018 were moved out of functional areas and separately reported. In order to provide a more accurate year over year comparison, as of December 2018 all debt service budget and expenditures will be reported by functional areas. 5 September Citywide YTD Expenditures (Dollars in Thousands) Refer to detailed financial schedules pages 22 thru 34 Criminal Justice 16-17 17-18 18-19 19-20 20-21 September YTD Annual % of Annual Expenditures Expenditures * Expenditures 10,239 41,117 24.9% 10,007 38,411 26.1% 9,289 42,530 21.8% 11,640 44,425 26.2% 11,662 47,008 24.8% * - For prior years-total actual expenditures, for current year-total approved budget Criminal Justice $50,000 September YTD Expenditures $40,000 $30,000 Annual Expenditures * $20,000 $10,000 $0 16-17 Better than Expected 17-18 18-19 19-20 20-21 Criminal Justice expenditures include costs of the Municipal Court and the Public Defender’s office. Citywide criminal justice expenditures are 0.2% higher through September than the same period in the prior fiscal year. The budgeted increase for fiscal year 2020-21 over fiscal year 2019-20 actuals is 5.8%. Debt service budget and expenditures for the first five months ending November 2018 were moved out of functional areas and separately reported. In order to provide a more accurate year over year comparison, as of December 2018 all debt service budget and expenditures will be reported by functional areas. Public Safety 16-17 17-18 18-19 19-20 20-21 September YTD Annual % of Annual Expenditures Expenditures * Expenditures 236,632 908,553 26.0% 252,126 970,771 26.0% 255,209 1,025,513 24.9% 280,210 1,110,457 25.2% 295,089 1,165,317 25.3% * - For prior years-total actual expenditures, for current year-total approved budget Public Safety $1,400,000 $1,200,000 $1,000,000 $800,000 $600,000 $400,000 $200,000 $0 September YTD Expenditures Annual Expenditures * 16-17 17-18 18-19 19-20 20-21 Expected Public Safety expenditures include costs of Police, Fire and Emergency Management. Citywide public safety expenditures through September are 5.3% higher than the same period in the prior fiscal year. The budgeted increase for fiscal year 2020-21 over fiscal year 2019-20 actuals is 4.9%. Debt service budget and expenditures for the first five months ending November 2018 were moved out of functional areas and separately reported. In order to provide a more accurate year over year comparison, as of December 2018 all debt service budget and expenditures will be reported by functional areas. 6 September Citywide YTD Expenditures (Dollars in Thousands) Refer to detailed financial schedules pages 22 thru 34 Transportation 16-17 17-18 18-19 19-20 20-21 September YTD Annual % of Annual Expenditures Expenditures * Expenditures 273,223 642,850 42.5% 324,322 709,977 45.7% 308,403 722,667 42.7% 376,502 774,492 48.6% 320,100 952,224 33.6% * - For prior years-total actual expenditures, for current year-total approved budget Transportation $1,000,000 $900,000 $800,000 $700,000 $600,000 $500,000 $400,000 $300,000 $200,000 $100,000 $0 September YTD Expenditure s Annual Expenditure s* 16-17 Better than Expected 17-18 18-19 19-20 20-21 Transportation expenditures include costs for Street lighting, maintenance and repair, Aviation and Public Transit. Citywide transportation expenditures are 15.0% lower through September than the same period in the prior fiscal year. The budget anticipates an increase of 22.9% for fiscal year 2020-21 from fiscal year 2019-20 actuals. Debt service budget and expenditures for the first five months ending November 2018 were moved out of functional areas and separately reported. In order to provide a more accurate year over year comparison, as of December 2018 all debt service budget and expenditures will be reported by functional areas. Community Development 16-17 17-18 18-19 19-20 20-21 September YTD Annual % of Annual Expenditures Expenditures * Expenditures 47,027 188,365 25.0% 49,376 203,096 24.3% 48,516 195,716 24.8% 51,492 229,793 22.4% 61,899 273,969 22.6% * - For prior years-total actual expenditures, for current year-total approved budget Expected Community Development $300,000 September YTD Expenditures $250,000 $200,000 $150,000 Annual Expenditures * $100,000 $50,000 $0 16-17 17-18 18-19 19-20 20-21 Community Development expenditures include costs for Neighborhood Services, Housing, Planning and Economic Development. Citywide community development expenditures through September are 20.2% higher than the same period in the prior fiscal year. The fiscal year 2020-21 budget includes an increase of 19.2% over fiscal year 2019-20 actuals. Debt service budget and expenditures for the first five months ending November 2018 were moved out of functional areas and separately reported. In order to provide a more accurate year over year comparison, as of December 2018 all debt service budget and expenditures will be reported by functional areas. 7 September Citywide YTD Expenditures (Dollars in Thousands) Refer to detailed financial schedules pages 22 thru 34 Community Enrichment 16-17 17-18 18-19 19-20 20-21 September YTD Annual % of Annual Expenditures Expenditures * Expenditures 74,533 292,983 25.4% 77,914 306,763 25.4% 89,027 317,465 28.0% 106,124 316,680 33.5% 116,595 368,384 31.7% * - For prior years-total actual expenditures, for current year-total approved budget Community Enrichment $400,000 $350,000 $300,000 $250,000 $200,000 $150,000 $100,000 $50,000 $0 September YTD Expenditures Annual Expenditures * 16-17 17-18 18-19 19-20 20-21 Better than Expected Community Enrichment expenditures include costs for Parks, Libraries, the Convention Center, Senior Centers and Community Centers. Citywide community enrichment expenditures through September are 9.9% higher than the same period in the prior fiscal year. The fiscal year 2020-21 budget anticipates an increase of 16.3% from fiscal year 2019-20 actuals. Debt service budget and expenditures for the first five months ending November 2018 were moved out of functional areas and separately reported. In order to provide a more accurate year over year comparison, as of December 2018 all debt service budget and expenditures will be reported by functional areas. Environmental Services 16-17 17-18 18-19 19-20 20-21 September YTD Annual % of Annual Expenditures Expenditures * Expenditures 156,902 599,837 26.2% 167,479 696,244 24.1% 133,207 670,219 19.9% 183,771 692,524 26.5% 199,645 762,498 26.2% * - For prior years-total actual expenditures, for current year-total approved budget Environmental Services $900,000 $800,000 $700,000 $600,000 $500,000 $400,000 $300,000 $200,000 $100,000 $0 September YTD Expenditures Annual Expenditures * 16-17 17-18 18-19 19-20 20-21 Better than 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 8.6% higher through September than the same period in the prior fiscal year. The fiscal year 2020-21 budget anticipates an increase of 10.1% from fiscal year 2019-20 actuals. Debt service budget and expenditures for the first five months ending November 2018 were moved out of functional areas and separately reported. In order to provide a more accurate year over year comparison, as of December 2018 all debt service budget and expenditures will be reported by functional areas. 8 September Citywide YTD Expenditures (Dollars in Thousands) Refer to detailed financial schedules pages 22 thru 34 General Obligation Debt Service Citywide Debt Service Expenditures 16-17 17-18 18-19 19-20 20-21 September YTD Annual % of Annual Expenditures Expenditures * Expenditures 34,696 137,205 25.3% 26,762 106,315 25.2% 134,457 116,634 115.3% 32,597 130,839 24.9% 33,219 132,332 25.1% $180,000 September YTD Expenditures $120,000 $60,000 Annual Expenditures * * - For prior years-total actual expenditures, for current year-total approved budget net of credit for early redemption fund resources $0 16-17 17-18 18-19 19-20 20-21 Expected General obligation debt service expenditures through September are 1.9% higher than the same period in the prior fiscal year. Budgeted expenditures for fiscal year 2020-21 are 1.1% higher than fiscal year 2019-20 actual expenditures for the prior fiscal year. Debt service budget and expenditures for the first five months ending November 2018 were moved out of functional areas and separately reported. In order to provide a more accurate year over year comparison, as of December 2018 all debt service budget and expenditures will be reported by functional areas. -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 16-17 17-18 $ 315,502 $ 290,772 Refer to detailed financial schedules pages 22 - 34 18-19 $ 19-20 384,131 20-21 (Budget) 20-21 (YTD) $ $ 225,946 $ 500,745 Discussion: 1,848,001 General Gov't 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). 20-21 (YTD) 20-21 (Budget) 19-20 18-19 Major projects in fiscal year 2017-18 include street construction and maintenance ($66 million), parks and recreation facility improvements ($25 million), conversion of streetlights to LED ($28 million) and replacement of the City telephone system ($22 million). Major projects in fiscal year 2018-19 include street and sidewalk maintenance ($134.8 million), light rail ($47.9 million), transit bus and vehicle purchases ($43.1 million), major streets ($33.2 million), parks and preserves improvements ($20.8 million), and telphone stystem network replacement ($10.4 million) . Major projects in fiscal year 2019-20 include pavement maintenance ($131 million), Light Rail ($100 million), Talking Stick Arena Renovations ($57 million), parks preserve development, community centers, and development ($47 million), bus and vehicle purchases ($45 million), and major streets ($18 million). 17-18 16-17 $0 $500,000 $1,000,000$1,500,000$2,000,000 Major projects budgeted for fiscal year 2020-21 include light rail ($990 million), pavement maintenance ($125 million), major streets ($90 million), Talking Stick renovation ($124.5 million), parks and recreations and preserves ($88.6 million), and replace fare collecton system ($57.3 million). Aviation 16-17 17-18 $ 151,957 $ 582,921 18-19 $ 552,972 19-20 20-21 (Budget) 20-21 (YTD) $ $ $ 254,523 517,947 72,928 Discussion: Aviation 19-20 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 in fiscal year 2017-18 include the PHX Sky Train extension ($423 million), Apron and Taxiway improvements ($26 million), and terminal 4 improvements including the south 1 concourse ($20 million). 18-19 Major projects in fiscal year 2018-19 include PHX Sky Train stage 2 ($267.8 million) and terminal 4 south 1 concourse ($127.8 million). 20-21 (YTD) 20-21 (Budget) Major projects in fiscal year 2019-20 include PHX Terminal 4 south concorse and gates ($90M), Runway, Apron and Taxiway Improvements ($47M), and PHX Sky Train ($10M). 17-18 16-17 $0 $200,000 $400,000 $600,000 Major projects budgeted for fiscal year 2020-21 include Union Pacific Railroad grade (trench) separation project ($74M), Runway, Apron and Taxiway Improvements ($73M), PHX Terminal 4 south concorse and gates ($71M), PHX Sky Train ($21M) and rental car center and parking facilities ($20M). - 10 - Capital Expenditures (Dollars in Thousands) Phx Convention Ctr 16-17 17-18 $ 21,885 $ 28,898 Refer to detailed financial schedules pages 22 - 34 18-19 $ 20-21 (Budget) 19-20 36,542 $ 52,148 Discussion: $ 43,609 20-21 (YTD) $ 9,900 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 $24 million for fiscal year 2020-21. Other major projects budgeted for fiscal year 2020-21 include shoring wall ($7 million), garage elevator ($3 million), arena plumbing ($3 million) and replacing wood veneer ($1.5 million). 16-17 $ Solid Waste 7,460 20-21 (YTD) 20-21 (Budget) 19-20 18-19 17-18 16-17 $0 17-18 $ 10,355 18-19 $ 7,857 $10,000 20-21 (Budget) 19-20 $ 5,490 $ 31,309 $20,000 $30,000 $40,000 $50,000 $60,000 20-21 (YTD) $ 1,113 Discussion: Solid Waste In fiscal year 2015-16, Solid Waste spent $2.5 million on the 27th Ave Resource Innovation Campus. 20-21 (YTD) 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. 20-21 (Budget) In fiscal year 2017-18 Solid Waste spent $10.3 million on SR85 Landfill requirements. In fiscal year 2018-19 Solid Waste spent $4.5 million on North Gateway material In fiscal year 2019-20 Solid Waste spent $3 million in transfer stations and $1 million at SR-85 and $1 million for Skunk Creek as monitoring and maintenance. 19-20 18-19 Major projects budgeted for fiscal year 2020-21 include $21.1 million in transfer stations, $4.3 million SR-85, and $2.5 million for solid waste projects and unexpected expenditures. 17-18 16-17 $0 $10,000 $20,000 $30,000 $40,000 - 11 - Capital Expenditures (Dollars in Thousands) 16-17 Wastewater $ 106,776 Refer to detailed financial schedules pages 22 - 34 17-18 $ 105,912 18-19 $ 97,890 19-20 20-21 (Budget) 20-21 (YTD) $ 123,141 $ 312,589 $ 18,037 Discussion: 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. In fiscal year 2017-18, Wastewater spent $54 million on pipeline assessment, repair, replacement and construction and $23 million on improvements at the 91st Avenue Wastewater Treatment Plant. In fiscal year 2018-19 , Wastewater spent $45.2 million in sewer main replacement and construction and $32.5 million on improvements and maintenance at the wastewater treatment plants. In fiscal year 2019-20 Wastewater spent $42.0 million on sewer replacement and construction, $27.7 million on 91st Ave Waste Water Treatment Plant, $14.4 million 23rd Ave, $13.1 million Cave Creek, and $13.1 million on lift stations. Wastewater 20-21 (YTD) 20-21 (Budget) 19-20 18-19 17-18 16-17 $0 $100,000 $200,000 $300,000 $400,000 Major projects budgeted in fiscal year 2019-20 include sewer replacement and construction ($151.2 million), buildings ($47.3 million), 23rd Ave ($40.6 million), and 91st Ave ($38.4 million). 16-17 Water System $ 189,809 17-18 $ 229,256 18-19 $ 289,858 19-20 20-21 (Budget) 20-21 (YTD) $ 252,146 $ 605,241 $ 26,270 Discussion: 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. In fiscal year 2017-18, Water spent $82 million to construct, replace or rehabilitate pipelines and valves, $36 million on groundwater well projects, $21 million on the Union Hills Water Treatment Plant rehabilitation and $17 million on water resiliency and storage. In fiscal year 2018-19 water spent $111.1 million on main replacement and construction, $49.9 million on boosters, $35.2 million on groundwater well program, $24.4 million on production, and $23.6 million on 24th street water treatment plant rehabilitation. In fiscal year 2019-20 water spent $84.3 million on water main replacement and construction, $55.9 million on Water Treatment Plants, and $38.9 million on wells. Water System 20-21 (YTD) 20-21 (Budget) 19-20 18-19 17-18 16-17 $0 $100,000 $200,000 $300,000 Major projects budgeted in fiscal year 2020-21 include water main replacement and construction ($255.0 million), boosters ($179.9 million), Water Treatment Plants ($39.9 million), and pressure reducing valve stations ($29.5 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 $1,400,000 $1,200,000 September YTD Revenues $1,000,000 $800,000 $600,000 $400,000 Annual Revenues* $200,000 $0 16-17 16-17 17-18 18-19 19-20 20-21 September YTD Revenues 228,180 247,013 237,162 276,019 364,967 17-18 Annual Revenues* 1,094,933 1,162,635 1,220,768 1,307,357 1,309,520 18-19 19-20 20-21 % of Annual Revenues 20.8% 21.2% 19.4% 21.1% 27.9% * - For prior years - total actual revenues, for current year - total approved budget Better than Expected Fiscal year 2020-21 general fund operating revenues are budgeted to increase 0.2% over prior year actuals. Actual revenues through September are 32.2% higher than the same period in the prior fiscal year. Specific revenue sources are discussed on the following pages. - 13 - Property Tax Revenues (Dollars in Thousands) Refer to detailed financial schedules pages 22 thru 34 Property Taxes Primary & Secondary 270,000 240,000 210,000 91,021 180,000 95,435 101,652 113,594 107,555 Secondary 150,000 120,000 90,000 60,000 146,121 154,560 162,129 170,209 16-17 17-18 18-19 19-20 179,950 Primary 30,000 697 513 20-21 YTD - FY 16-17 17-18 18-19 19-20 20-21 YTD 20-21 Budget Total 237,142 249,995 263,781 277,764 1,210 293,545 July (1,004) (1,054) (1,049) (1,141) (1,619) (1,203) Aug 454 (395) 688 1,081 1,541 510 Sept 773 891 980 647 1,288 934 Oct 12,067 16,220 12,601 11,579 14,982 Nov 57,953 87,691 91,331 106,458 105,871 Dec 51,488 25,018 30,444 23,612 29,325 Jan 10,013 10,162 13,302 14,875 14,218 Feb 4,033 7,020 5,422 7,447 7,376 20-21 Budget Mar 6,593 8,086 8,130 8,185 9,049 Apr 12,231 11,994 12,026 12,116 13,401 May 60,943 52,962 68,870 66,043 69,674 June 21,598 31,400 21,036 26,862 29,408 Note: Monthly budget amount for 20-21 is the average % of last 3 years of the total budget amount Expected Because property taxes are primarily collected in November, December, May and June, a monthly breakdown of the revenues is not particularly useful, therefore the chart for property tax revenues is presented with an annual perspective. Total property tax revenues are budgeted to increase 5.7% in fiscal year 2020-21 over fiscal year 2019-20 actuals. - 14 - Primary Secondary 146,121 91,021 154,560 95,435 162,129 101,652 170,209 107,555 697 513 179,950 113,594 Local Sales Tax Revenues (Dollars in Thousands) Refer to detailed financial schedules pages 22 thru 34 Local Sales Tax Budget vs Actual 70,000 60,000 50,000 40,000 20-21 Actuals 30,000 20-21 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 Fiscal year 2020-21 local sales tax revenues through September are 7.3% higher than the same period in the prior year. Actual local sales tax revenues through September are 18.0% higher than budget expectations. Local Sales Tax 3 Year Trend 70,000 60,000 50,000 18-19 Actuals 40,000 19-20 Actuals 30,000 20-21 Actuals 20,000 10,000 July Aug Sept Oct Nov Dec Jan Feb Mar Apr May June Fiscal year 2019-20 local sales tax revenues were 2.5% higher than the prior year. This follows increases of 10.5% and 2.8%% in the two previous years. Click Here for Additional Information - 15 - State Sales Tax Revenues (Dollars in Thousands) Refer to detailed financial schedules pages 22 thru 34 State Sales Tax Budget vs Actual 25,000 20,000 15,000 20-21 Actuals 10,000 20-21 Budget 5,000 July Aug Sept Oct Nov Dec Jan Feb Mar Apr May June Year to Date Performance Status Better than Expected The fiscal year 2020-21 budget includes an increase of 1.2% in state shared sales tax over fiscal year 2019-20 actuals. Through September state shared sales tax revenues are 10.6% above budget expectations. State Sales Tax 3 Year Trend 25,000 20,000 15,000 18-19 Actuals 19-20 Actuals 10,000 20-21 Actuals 5,000 July Aug Sept Oct Nov Dec Jan Feb Mar Apr May June Fiscal year 2019-20 state sales tax revenues were 4.2% higher than the prior year. This follows increases of 5.8% and 8.4% in the two previous years. Click Here for Additional Information - 16 - Vehicle License Tax Revenues (Dollars in Thousands) Refer to detailed financial schedules pages 22 thru 34 Vehicle License Tax Budget vs Actual 12,000 10,000 8,000 20-21 Actuals 6,000 20-21 Budget 4,000 2,000 July Aug Sept Oct Nov Dec Jan Feb Mar Apr May June Year to Date Performance Status Better than Expected State shared vehicle license tax revenues through September 2020 are 18.3% higher than budget expectations for the period. Vehicle License Tax 3 Year Trend 12,000 10,000 18-19 Actuals 8,000 19-20 Actuals 6,000 20-21 Actuals 4,000 2,000 July Aug Sept Oct Nov Dec Jan Feb Mar Apr May June Fiscal year 2019-20 state shared vehicle license tax revenues were 0.4% higher than the prior year. This follows increases of 5.1% and 8.4% in the two previous years. 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 400,000.00 350,000.00 300,000.00 20-21 Budget 250,000.00 200,000.00 2020-21 Actuals 150,000.00 100,000.00 50,000.00 July Aug Sept Oct Nov Dec Jan Feb Mar Apr May June Year to Date Performance Status Monitor and Consider Taking Action Governmental funds are those funds supported primarily through taxes, bonds and grants and include the general fund as well as funds with dedicated tax revenue streams. They do not include the enterprise funds. Governmental fund revenues through September 2020 are 6.3% lower than budget expectations for the period. Governmental Funds Revenues 3 Year Trend 260,000.00 210,000.00 160,000.00 2018-19 Actuals 110,000.00 2019-20 Actuals 60,000.00 2020-21 Actuals 10,000.00 July Aug Sept Oct Nov Dec Jan Feb Mar Apr May June (40,000.00) Fiscal year 2019-20 governmental fund revenues were 7.0% higher than the prior year. This follows increases of 4.1% and 4.9% in the two previous years. 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 20-21 Actuals 25,000 20,000 20-21 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 Aviation operating revenues through September 2020 are 47.5% lower than budget expectations for the period. Aviation Operating Revenues 3 Year Trend 40,000 35,000 30,000 25,000 18-19 Actuals 20,000 19-20 Actuals 15,000 20-21 Actuals 10,000 5,000 July Aug Sept Oct Nov Dec Jan Feb Mar Apr Fiscal year 2019-20 aviation revenues were 8.3% lower than the prior year. This follows increases of 2.5% and 8.7% in the two previous years. Click Here for Additional Information - 19 - May June Water System Revenues (Dollars in Thousands) Refer to detailed financial schedules pages 22 thru 34 Water System Operating Revenues Budget vs Actual 70,000 60,000 50,000 40,000 20-21 Actuals 30,000 20-21 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 September 2020 are 1.1% higher than budget expectations for the period. Water System Operating Revenues 3 Year Trend 70,000 60,000 50,000 40,000 18-19 Actuals 30,000 19-20 Actuals 20,000 20-21 Actuals 10,000 July Aug Sept Oct Nov Dec Jan Feb Mar Apr May June Fiscal year 2019-20 water system revenues were 12.7% higher than the prior year. This follows decrease of 7.3% and increase of 4.0% in the two previous years. 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 24,000 23,000 22,000 21,000 20-21 Budget 20,000 20-21 Actuals 19,000 18,000 17,000 July Aug Sept Oct Nov Dec Jan Feb Mar Apr May June Year to Date Performance Status Better than Expected Wastewater revenues through September 2020 are 5.0% higher than budget expectations for the period. Wastewater Operating Revenues 3 Year Trend 30,000 25,000 20,000 18-19 Actuals 15,000 19-20 Actuals 10,000 20-21 Actuals 5,000 July Aug Sept Oct Nov Dec Jan Feb Mar Apr Click Here for Additional Information - 21 - May June General Funds Summary Presents comparisons of year-to-date balances to the fiscal year budget and to the actual results for the prior year for the general fund. General Fund Revenue As of SEPTEMBER 30 (dollars in thousands) Actual Year-to-Date 2020-2021 2019-2020 Budget Estimate 2020-2021 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 $ 503,367 3,050 $ 135,455 $ 337 126,188 210 174,072 241,167 71,743 179,950 2,960 10,120 50,517 60,059 23,997 697 648 (61) 46,539 53,674 21,617 326 727 5 11,548 1,296 15,481 768 7,559 1,808 6,663 2,151 308 48,294 (61) 653 325 1,439 2,724 282 1,972 131 1,503 456 1,872 37,875 1,400 13,660 9,420 15,613 7,619 197 29,007 1,448 1,936 9,215 205 2,979 2,695 2,699 1,309,520 - 22 - $ 364,967 $ 276,019 General Fund Expenditures As of SEPTEMBER 30 (dollars in thousands) Actual Year-to-Date 2020-2021 2019-2020 Budget Estimate 2020-2021 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 $ 2,244 5,444 5,971 52,412 2,780 2,761 26,183 3,205 7,285 12,969 3,975 26,013 1,648 152,890 $ 452 $ 961 1,117 12,935 694 566 6,652 619 1,148 2,906 987 9,509 1,276 39,821 438 1,022 911 15,366 618 551 5,993 664 2,179 3,153 1,147 10,087 1,156 43,285 Criminal Justice Municipal Court Public Defender Total Criminal Justice 32,161 5,380 37,541 8,273 1,182 9,455 7,889 1,182 9,071 Public Safety Police Fire Others Total Public Safety 591,932 352,507 242 944,681 155,284 87,752 133 243,169 147,250 81,319 75 228,644 Transportation Street Transportation Public Transit Total Transportation 18,976 1,786 20,762 (570) 1,786 1,216 (321) 1,640 1,319 Community Development Economic Development Neighborhood Services Department Planning and Development Others Total Community Development 6,251 14,033 4,308 169 24,761 1,327 3,644 1,016 50 6,036 1,382 3,606 865 20 5,873 Community Enrichment Parks and Recreation Library Human Services Others Total Community Enrichment 101,808 40,896 19,978 6,859 169,541 27,167 14,006 4,993 2,392 48,558 29,072 13,644 5,809 3,350 51,875 Environmental Services Public Works Environmental Programs Others Total Environmental Services 17,643 732 424 18,799 5,539 192 185 5,916 6,040 165 6,205 Capital Improvement 19,643 889 2,191 Vacancy Savings (18,600) - - Contingencies 55,596 - - 355,060 $ 348,463 Total Expenditures and Encumbrances $ 1,425,614 - 23 - $ Citywide Summary Presents the City's summarized comparisons of the year-to-date balances to the fiscal year budget and to the actual results for the prior year. Citywide Operating Revenue As of SEPTEMBER 30 (dollars in thousands) Source General Funds Local Taxes: Sales Taxes Privilege License Fees State Shared Taxes: State Sales Tax State Income Tax Vehicle License Tax Primary Property Tax Licenses and Permits Cable Communications Municipal Court Police Library Fees Parks and Recreation Planning & Development Street Transportation Fire Interest Other Fees and Service Charges $ Total General Funds 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 Enterprise Funds Aviation Convention Center Water System Wastewater Solid Waste Total Enterprise Funds Total Operating Revenues Actual Year-to-Date 2020-2021 2019-2020 Budget Estimate 2020-2021 $ 503,367 3,050 135,455 $ 337 126,188 210 174,072 241,167 71,743 179,950 2,960 10,120 12,844 15,481 768 7,559 1,808 6,663 52,935 9,420 15,613 50,517 60,059 23,997 697 648 (61) 2,459 48,294 (61) 653 325 1,439 36,823 1,448 1,936 46,539 53,674 21,617 326 727 5 3,006 1,972 131 1,503 456 1,872 12,399 2,695 2,699 1,309,520 364,967 276,019 37,176 96,479 38,831 6,274 292,698 5,760 72,140 8,539 24,970 146,284 41,124 5,987 47,489 750,940 118,206 12,014 30,492 9,232 1,386 62,502 183 24,882 1,782 2,037 34,700 286 1,847 622 (1,366) 521 8,675 24,560 8,835 828 69,023 27,752 2,275 4,411 35,913 5,598 4,425 (1,262) 15,068 262 1,692,894 181,118 206,364 425,915 87,381 479,782 249,814 175,132 55,246 10,795 163,782 65,840 42,099 95,749 17,444 151,575 64,340 37,167 1,418,024 337,762 366,274 883,847 $ 848,657 4,420,438 - 24 - $ $ Citywide Operating Expenditures As of SEPTEMBER 30 (dollars in thousands) Source General Government General Funds Other Funds Total General Government Actual Year-to-Date 2020-2021 2019-2020 Budget 2020-2021 39,821 $ 13,938 53,759 43,285 4,500 47,785 37,541 9,467 47,008 9,455 2,207 11,662 9,071 2,569 11,640 Public Safety General Funds Other Funds Total Public Safety 944,681 220,636 1,165,317 243,169 51,920 295,089 228,644 51,566 280,210 Transportation General Funds Other Funds Total Transportation 20,762 931,462 952,224 1,216 318,884 320,100 1,319 375,183 376,502 Community Development General Funds Other Funds Total Community Development 24,761 249,208 273,969 6,036 55,863 61,899 5,873 45,619 51,492 Community Enrichment General Funds Other Funds Total Community Enrichment 169,541 198,843 368,384 48,558 68,037 116,595 51,875 54,249 106,124 Environmental Services General Funds Other Funds Total Environmental Services 18,799 743,699 762,498 5,916 193,729 199,645 6,205 177,566 183,771 Debt Service General Funds Other Funds Total Debt Service 132,332 132,332 33,219 33,219 32,597 32,597 Capital Improvement General Funds Other Funds Total Capital Improvement 19,643 739,871 759,514 889 39,794 40,683 2,191 72,032 74,223 Coronavirus Relief Fund General Funds Other Funds Total Coronavirus Relief Fund 275,000 - Vacancy Savings General Funds Other Funds Total Vacancy Savings (18,600) (18,600) - - Contingencies General Funds Other Funds Total Contingencies 55,596 68,500 124,096 - - 1,425,614 3,319,847 5,020,460 355,060 777,591 1,132,651 $ $ Criminal Justice General Funds Other Funds Total Criminal Justice Total Operating General Funds Other Funds Total Operating Budget $ 152,890 25,829 178,719 $ $ - 25 - 348,463 815,881 1,164,344 Citywide Detail Presents, in detail, the results of the City's operations for the current month and for the fiscal year-to-date. Included are breakdowns of the City's revenues, operating budget expenditures, capital budget expenditures and bonds authorized and sold. Citywide Operating Revenue by Source For the Month Ended SEPTEMBER 30 2020 2019 Budget Estimate 2020-2021 Source Actual Year-to-Date 2020-2021 2019-2020 General Funds $ 33,935,845 210,413 34,146,258 $ 56,464,964 185,036 Local Taxes: Sales Taxes Privilege License Fees $ 503,367,000 3,050,000 $ 135,455,475 337,253 $ 126,187,649 210,301 56,650,000 Total Local Taxes 506,417,000 135,792,728 126,397,950 13,123,124 20,019,770 6,207,084 11,479,099 17,891,434 5,206,497 State Shared Taxes: State Sales Tax State Income Tax Vehicle License Tax 174,072,000 241,167,000 71,743,000 50,516,967 60,059,310 23,997,438 46,539,248 53,674,303 21,616,527 39,349,978 34,577,030 486,982,000 134,573,715 121,830,078 787,472 395,813 Primary Property Tax 179,950,000 697,275 325,800 263,242 720,394 Licenses and Permits 2,960,000 648,079 726,572 0 0 Cable Communications 10,120,000 (60,894) 4,967 869,555 90,523 Municipal Court: Fines and Forfeitures Court Default Fee 11,548,248 1,296,000 2,150,311 308,309 2,724,148 281,538 655,250 88,085 Total State Shared Taxes 743,335 960,078 46,996,514 428,505 Police Total Municipal Court 12,844,248 2,458,620 3,005,686 15,480,700 48,294,238 1,971,574 4,812 48,136 Library Fees 767,713 (60,524) 130,682 263,727 479,213 Parks and Recreation 7,559,338 652,963 1,503,216 104,197 126,750 Planning and Development 1,808,200 324,736 455,794 791,977 909,662 Street Transportation 6,662,600 1,438,909 1,871,762 2,286,082 78,375 26,610,395 3,418,134 82,500 1,024,624 Fire: Emergency Transportation Service Hazardous Materials Inspection Fee Other 37,875,000 1,400,000 13,659,600 7,619,005 196,525 29,007,376 9,214,848 204,850 2,979,289 28,974,852 4,525,258 52,934,600 36,822,906 12,398,987 451,895 880,380 Interest 9,420,000 1,448,036 2,694,649 482,175 818,172 Other Fees and Service Charges 153,360,434 101,519,391 Total Fire Total General Funds 26 15,612,775 1,936,206 2,698,924 1,309,519,174 364,966,993 276,016,641 Citywide Operating Revenue by Source (continued) For the Month Ended SEPTEMBER 30 2020 2019 Budget Estimate 2020-2021 Source Actual Year-to-Date 2020-2021 2019-2020 Special Revenue and Debt Service Funds $ 1,823,479 130,248 651,242 3,145,877 $ 5,750,846 4,260,215 1,098,537 10,274,647 $ $ $ 15,633,399 2,383,743 170,268 851,337 91,834 Neighborhood Protection: Police Neighborhood Protection Police Blockwatch Fire Neighborhood Protection Interest/Other 3,497,182 Total Neighborhood Protection 7,706,435 2,746,001 53,583 10,506,019 2,736,660 $ 3,540,253 296,797 0 202,366 1,305 24,906 $ $ $ $ $ 169,010 0 116,725 125 28,817 525,374 17,816,538 110,767 $ $ 17,927,305 6,158,763 439,911 2,199,558 3,215,809 $ 5,898,229 421,302 2,106,511 248,906 37,176,000 12,014,041 8,674,948 72,595,000 23,277,000 606,510 15,667,016 4,493,713 10,331,396 18,158,797 6,237,046 164,179 96,478,510 30,492,125 24,560,022 Parks and Preserves 38,830,728 9,231,898 8,834,570 Golf Courses: Fees Coffee Shops Concessions Interest Other 3,948,300 0 2,054,000 1,540 269,816 756,467 0 521,307 4,523 103,673 425,658 0 318,485 1,665 82,317 6,273,656 1,385,970 828,125 23,192,624 3,208,083 Transit 2000 & 2050: Sales Taxes Interest/Other 249,230,000 43,467,791 60,152,896 2,348,708 57,459,375 11,564,022 292,697,791 62,501,604 69,023,397 Court Awards 5,759,602 182,619 0 Planning and Development 72,139,500 24,882,486 27,752,331 Capital Construction 8,539,000 1,781,548 2,274,831 Sports Facilities: Sales Taxes Interest/Other 20,558,000 4,411,906 1,865,958 170,877 4,133,554 277,579 24,969,906 2,036,835 4,411,133 $ 0 5,870,916 $ 5,726,847 357,169 $ (77,282) 687,514 Total Public Safety Enhancement & Expansion $ Total Golf Courses 26,400,707 $ $ Public Safety Enhancement & Expansion Police Fire Interest/Other 25,578,000 1,827,000 9,134,000 637,000 314,677 182,619 627,429 60,085 $ 1,153,941 93,996 1,247,937 Total Transit 2000 & 2050 Total Sports Facilities 27 Citywide Operating Revenue by Source (continued) For the Month Ended SEPTEMBER 30 2020 2019 Source Budget Estimate 2020-2021 Actual Year-to-Date 2020-2021 2019-2020 145,124,000 1,000,000 160,000 34,469,677 225,930 4,189 34,837,606 482,833 592,190 146,284,000 34,699,796 35,912,629 Special Revenue and Debt Service Funds (Cont'd) $ 12,584,114 69,837 4,007 11,177,181 157,196 (188,126) 12,657,958 11,146,251 - $ - Highway User Revenue: Highway User Revenue Interest Other Total Highway User Revenue Local Transportation Assistance 0 0 0 (2,330,659) 3,433,046 Regional Transit Revenues 41,123,538 286,172 5,598,373 1,790,767 3,733,324 Community Reinvestment 5,987,227 1,846,582 4,425,217 5,196,707 1,195,995 Other Restricted Fees 47,489,334 621,669 (1,262,119) 342,426 8,582,865 1,078,780 559,625 8,903,018 853,663 Grants: Public Housing: Rentals Grants Other 8,287,450 99,730,276 22,242,602 1,305,169 27,427,841 2,334,423 1,829,184 23,645,067 3,365,402 10,004,071 10,316,306 130,260,328 31,067,433 28,839,653 58,963,098 180,910,504 53,374,820 327,430,851 7,452,858 (32,061,787) (1,378,517) (6,446,390) 5,233,093 (17,536,714) (860,687) (607,129) 8,036,775 10,157,625 677,463 8,701,248 5,484,768 1,284,581 1,425,517 3,559,185 $ Total Public Housing Other: Human Resources Federal Transit Administration Community Development Other 27,573,111 11,754,051 Total Other 620,679,273 (32,433,836) (13,771,437) 37,577,182 22,070,357 Total Grants 750,939,601 (1,366,403) 15,068,216 500,831 1,849,677 250,872 0 113,594,000 4,611,597 512,886 7,778 261,203 750 2,350,508 250,872 118,205,597 520,664 261,953 106,914,265 92,986,185 1,692,893,990 181,117,606 206,363,626 116,487,500 295,282,200 2,424,900 5,293,420 2,697,600 3,729,600 0 18,977,573 32,892,460 728,551 713,044 743,360 785,939 405,108 27,900,702 63,460,312 1,145,849 877,972 799,621 778,082 785,973 425,915,220 55,246,035 95,748,511 G.O. Bond/Secondary Property Tax Secondary Property Tax Interest Total G.O. Bond/Secondary Property Tax Total Special Revenue and Debt Service Funds Enterprise Funds AVIATION: 5,406,426 11,887,902 232,041 9,037,424 246,398 256,694 125,997 9,424,331 22,131,847 372,800 263,721 232,814 261,154 266,028 27,192,882 32,952,695 Sky Harbor: Airlines Concessions Interest Other Phoenix-Goodyear Phoenix-Deer Valley Phoenix-Customer Facility Charge Total Aviation 28 Citywide Operating Revenue by Source (continued) For the Month Ended SEPTEMBER 30 2020 2019 Budget Estimate 2020-2021 Source Actual Year-to-Date 2020-2021 2019-2020 Enterprise Funds (Cont'd) CONVENTION CENTER: $ 2,925,382 322,552 48,068 5,455,702 840,241 113,613 3,296,002 6,409,556 51,101,669 223,281 582,303 925,910 322,680 208,370 (909,353) 44,561,573 507,867 489,900 558,673 349,920 578,069 272,852 52,454,860 47,318,854 Excise Taxes Operating Revenue Interest Total Convention Center 60,050,000 25,831,300 1,500,000 9,958,176 688,378 148,649 12,737,419 4,387,437 319,250 87,381,300 10,795,203 17,444,106 449,675,316 5,500,000 5,310,000 7,878,000 4,100,000 5,690,000 1,628,668 158,258,928 666,492 2,639,338 2,806,448 1,196,430 632,740 (2,417,969) 144,053,281 1,008,808 1,662,854 1,647,870 1,149,450 1,580,826 471,414 479,781,984 163,782,407 151,574,503 WATER SYSTEM: $ Water Sales Water Service Fees Distribution Intergovernmental Development Fees Interest Other $ Total Water System WASTEWATER: 17,588,189 1,840,687 307,920 264,635 1,842,562 17,235,831 1,726,243 322,800 383,304 1,704,871 Sewer Service Charges Multi-City Development Fees Interest Other 207,876,578 17,561,000 4,000,000 5,456,000 14,920,801 52,213,146 5,795,316 1,119,150 817,874 5,894,433 51,576,007 5,284,887 1,064,220 1,115,688 5,299,540 21,843,993 21,373,049 Total Wastewater 249,814,379 65,839,919 64,340,342 160,206,000 9,970,500 18,000 4,937,029 38,295,644 2,749,325 92,077 961,677 33,267,091 2,203,618 238,234 1,457,900 175,131,529 42,098,723 37,166,843 1,418,024,412 337,762,287 366,274,305 SOLID WASTE: $ 12,785,313 1,044,043 30,651 (269,793) 11,082,461 738,242 76,518 478,012 13,590,214 12,375,233 118,377,951 120,429,387 378,652,650 $ 314,934,963 Collection Fees Landfill Fees Interest Other Total Solid Waste Total Enterprise Funds Total Operating Revenues $ 4,420,437,576 29 $ 883,846,886 $ 848,654,572 Citywide Operating Expenditures by Program For the Month Ended SEPTEMBER 30 2020 2019 Program Budget Estimate 2020-2021 2020-2021 Year-to-Date Operating Expenditures & Encumbrances Capital Operations and Debt Actual Year-to-Date 2020-2021 2019-2020 General Government $ 187,507 344,248 613,966 5,458,607 327,086 247,162 241,127 3,147,083 257,766 513,678 1,314,255 222,151 12,974 351,202 2,427,747 2,203,961 17,870,522 $ 134,015 324,015 288,358 9,089,985 96,085 230,509 219,888 2,180,316 252,625 673,644 1,119,283 48,327 176,176 10,555 363,001 6,518,461 1,583,738 23,308,981 Mayor $ City Council City Manager Information Technology Services Government Relations Public Information Equal Opportunity Law City Auditor City Clerk Human Resources Manager's Office of Sustainability Phx Community Development Invst Co Retirement Systems Phoenix Employment Relations Board Budget and Research Finance Regional Wireless Cooperative Total General Government 2,243,626 5,444,176 6,307,388 64,086,924 1,540,954 2,779,617 3,340,547 27,805,636 3,205,469 7,284,919 14,398,098 107,120 3,974,562 31,082,387 5,117,948 $ 452,149 960,996 1,670,468 19,967,866 644,071 699,867 680,214 7,145,305 619,154 1,148,036 3,790,279 599,385 32,434 986,475 14,236,436 125,849 $ 438,385 1,022,346 958,805 18,528,608 374,197 663,968 618,329 6,376,311 663,580 2,178,804 3,508,746 163,979 577,219 40,641 1,147,080 10,773,909 (250,294) $ 452,149 960,996 1,670,468 17,240,962 644,071 699,867 680,214 7,145,305 619,154 1,148,036 3,572,791 599,385 32,434 986,475 13,692,160 125,849 2,726,904 217,487 544,277 - 178,719,371 53,758,984 47,784,613 50,270,316 3,488,668 41,627,291 5,380,368 10,479,730 1,182,414 10,457,447 1,182,382 8,856,386 1,182,414 1,623,345 - 47,007,659 11,662,144 11,639,829 10,038,799 1,623,345 745,289,020 418,740,427 1,287,140 190,702,483 104,037,571 348,499 184,025,990 95,873,030 311,454 190,327,820 103,209,058 348,499 374,664 828,513 - 1,165,316,587 295,088,554 280,210,473 293,885,378 1,203,176 Criminal Justice 3,496,750 399,074 3,324,656 393,110 3,895,825 3,717,766 Municipal Court Public Defender Total Criminal Justice Public Safety 68,171,128 36,731,103 109,033 57,335,878 30,880,882 108,945 105,011,264 88,325,706 Police Fire Other Total Public Safety -30- Citywide Operating Expenditures by Program (continued) For the Month Ended SEPTEMBER 30 2020 2019 Budget Estimate 2020-2021 Program 2020-2021 Year-to-Date Operating Expenditures & Encumbrances Capital Operations and Debt Actual Year-to-Date 2020-2021 2019-2020 Transportation $ 7,325,830 $ 251,663 28,845,992 (3,336,238) 11,483,247 655,871 34,636,877 10,274,598 Street Transportation Street Lighting Aviation Public Transit 33,087,246 57,050,593 Total Transportation $ 99,257,160 9,859,530 556,005,818 287,100,994 $ 33,091,111 2,865,255 83,829,931 200,314,140 $ 31,685,629 3,262,001 91,895,300 249,659,249 $ 31,840,515 2,865,255 62,014,930 200,165,564 1,250,596 21,815,001 148,576 952,223,502 320,100,437 376,502,178 296,886,264 23,214,173 Community Development 5,493,201 8,471,294 5,789,536 2,549,812 5,044,518 7,660,899 1,652,088 2,649,901 Planning and Development Housing Economic Development Neighborhood Services Department 72,793,823 118,008,161 19,610,771 63,555,996 16,309,638 25,803,237 12,409,951 7,376,163 15,337,909 24,003,465 3,689,010 8,461,231 16,309,638 25,785,671 10,802,726 7,376,163 17,567 1,607,226 - 22,303,842 17,007,407 Total Community Development 273,968,751 61,898,989 51,491,615 60,274,197 1,624,793 118,089,734 41,958,307 76,518,471 21,161,884 100,582,945 5,411,601 4,661,018 31,720,904 14,448,155 28,781,166 2,281,371 33,079,296 3,348,366 2,935,251 33,853,185 13,799,486 29,205,383 1,524,654 22,524,437 3,522,993 1,693,814 31,568,960 14,448,155 23,720,964 33,045,349 3,348,366 2,935,251 151,943 5,060,202 2,281,371 33,947 - 368,383,960 116,594,509 106,123,952 109,067,046 7,527,463 Community Enrichment 12,354,013 3,040,447 4,405,619 1,162,676 10,174,540 103,040 327,571 10,996,944 2,842,418 4,369,341 508,218 9,960,053 255,048 243,323 31,567,907 29,175,344 Parks and Recreation Library 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 SEPTEMBER 30 2020 2019 Budget Estimate 2020-2021 Program 2020-2021 Year-to-Date Operating Expenditures & Encumbrances Capital Operations and Debt Actual Year-to-Date 2020-2021 2019-2020 Environmental Services $ 31,900,164 14,953,826 13,646,371 1,819,435 1,141,363 75,523 63,536,683 $ 31,746,035 13,345,793 13,227,799 2,205,076 150,255 60,674,958 Water System Wastewater Solid Waste Management Public Works Environmental Programs Manager's Office of Sustainability Total Environmental Services $ 372,988,397 185,327,134 174,710,966 27,366,209 1,449,105 656,278 $ 101,216,629 47,953,628 40,159,917 8,478,966 1,610,358 225,889 $ 91,522,074 46,562,162 37,323,703 7,905,329 457,471 - $ 67,895,883 30,377,183 36,838,072 6,519,054 1,610,358 225,889 33,320,745 17,576,445 3,321,845 1,959,912 56,178,947 762,498,089 199,645,388 183,770,739 143,466,441 16,924,537 4,231,787 802,013 7,824,529 538,975 6,631,556 2,471,740 15,524,925 7,050,772 761,369 19,922,662 93,780 9,633,906 5,131,069 1,477,433 651,286 942,000 20,417,366 10,957,599 21,150 321,430 4,231,134 1,057,947 200,503 1,956,132 134,744 322,253 1,657,889 617,935 3,881,231 1,762,693 190,342 4,980,665 2,408,476 1,282,767 369,358 235,500 5,104,341 2,739,399 5,288 80,357 856,925 2,850,906 1,523,546 172,463 1,771,500 152,494 2,597,969 543,921 3,396,878 1,807,184 876,849 4,542,366 2,575 1,695,976 1,238,064 624,895 249,500 4,011,066 1,867,281 1,538 1,813,232 4,231,134 1,057,947 200,503 1,956,132 134,744 322,253 1,657,889 617,935 3,881,231 1,762,693 190,342 4,980,665 2,408,476 1,282,767 369,358 235,500 5,104,341 2,739,399 5,288 80,357 - 33,218,953 - General Obligation Debt Service 1,410,378 352,649 66,834 652,044 44,915 114,970 552,630 205,978 1,293,744 587,564 63,447 1,660,222 802,825 427,589 123,119 78,500 1,701,447 913,133 1,763 26,786 285,642 950,302 507,849 57,488 590,500 50,831 865,990 181,307 1,132,293 602,395 292,283 1,514,122 858 565,325 412,688 208,298 83,167 1,337,022 622,427 513 604,411 11,080,537 10,865,710 16,839,441 $ - Aviation Civic Plaza Community Development Community Enrichment Criminal Justice Cultural Facilities Downtown Development Early Redemption Economic Development Environmental Services Fire Protection Freeway Mitigation General Government Historic/Neighborhood Preservation Human Services Information Systems Libraries Maintenance Service Centers Mountain Preserves/Parks MEGA Real Estate Municipal Administration Buildings Municipal Courts Police Protection Public Housing Renovation Public Housing Sanitary Sewers Secondary Property Tax Solid Waste Enterprise Bonds Sports Facilities Storm Sewer Improvements Street Improvements Street Light Refinancing Public Transit Water System Total Debt Service 132,331,884 33,218,953 32,597,130 Capital Improvement 759,514,438 40,683,021 74,222,806 Coronavirus Relief Fund 275,000,000 - Vacancy Savings (18,600,000) - - - Contingencies 124,096,000 - 290,126,464 - - - - - 305,193,265 - 5,020,460,241 1,132,650,979 -32- 1,164,343,336 997,107,393 94,860,565 Capital Expenditures and Encumbrances 2020-2021 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 Planning & Historic Preservation Police Protection Public Transit Regional Wireless Cooperative Street Transportation & Drainage General Government Subtotal Enterprise Aviation Phoenix Convention Center Solid Waste Disposal Wastewater Water System Enterprise Subtotal Total Capital Budget Program Budget $ $ $ 2019-2020 Actual Yearto-Date Actual Yearto-Date From Operating Funds Budget Actual 902,484 $ 132,875,105 42,498,275 30,601,087 37,379,470 600,000 21,160,664 9,485,000 10,643,300 89,546,645 14,498,000 11,016,000 1,142,978,622 7,324,952 296,491,298 $ 23,060,130 1,203,077 3,172,043 1,277,098 179,136 15,707 74,483 4,203,873 171,606 173,123,084 318 19,465,166 $ 6,124,267 1,840,010 0 870,330 2,794,130 1,205,666 4,710 47,844 3,524,292 18,923,416 3,201,941 36,466,672 166,700,631 152,284,744 $ 1,223,204 902,274 1,486,189 1,063,500 45,410 15,707 73,847 4,164,612 171,446 4,917,601 12,924,191 1,848,000,902 $ 225,945,720 $ 75,003,279 485,068,222 $ 26,987,981 $ $ 517,946,938 43,608,529 31,308,636 312,588,597 605,240,884 1,510,693,584 $ $ 72,928,484 9,900,018 1,112,786 18,036,610 26,270,467 128,248,365 $ 3,358,694,486 $ 354,194,085 - $ 10,495,105 15,038,235 10,330,000 25,263,569 6,966,000 955,000 10,590,000 71,946,938 14,498,000 2020-2021 Year-to-Date Capital Amounts From Capital Funds Budget Actual $ $ $ 46,271,231 31,501,840 1,327,003 5,458,963 18,590,038 103,149,075 $ 178,152,354 - 33 - $ $ 125,596,593 17,617,018 9,549,309 32,033,000 89,650,296 274,446,216 $ 759,514,438 902,484 $ 122,380,000 27,460,040 20,271,087 12,115,901 600,000 14,194,664 8,530,000 53,300 17,599,707 11,016,000 976,277,991 7,324,952 144,206,554 $ $ 21,836,927 300,803 1,685,853 213,598 133,726 636 39,261 160 168,205,483 318 6,540,975 1,362,932,680 $ $ $ 1,069,474 2,011,614 1,015,771 845,727 8,752,454 13,695,040 $ 40,683,021 Unencumbered Budget 198,957,740 $ $ 392,350,345 25,991,511 21,759,327 280,555,597 515,590,588 1,236,247,368 $ 2,599,180,048 902,484 109,814,975 41,295,198 27,429,044 36,102,372 600,000 20,981,528 9,469,293 10,568,817 85,342,772 14,326,394 11,016,000 969,855,538 7,324,634 277,026,132 $ 1,622,055,182 $ $ 71,859,010 7,888,404 97,015 17,190,883 17,518,013 114,553,325 $ 445,018,454 33,708,511 30,195,850 294,551,987 578,970,417 1,382,445,219 $ 313,511,065 $ 3,004,500,401 Bonds Authorized and Sold As of SEPTEMBER 30 (dollars in thousands) Authorized Sold Available 1988 Authorizations General Obligation Bonds Freeway Mitigation, Neighborhood Stabilization, and Slum and Blight Elimination $ Bonds Fully Issued Total General Obligation Bonds Revenue Bonds Bonds Fully Issued Total 1988 Authorizations 29,285 884,175 $ 28,285 884,175 $ 1,000 - 913,460 912,460 1,000 143,890 143,890 - 1,057,350 1,056,350 1,000 66,300 125,300 24,800 61,500 12,000 33,000 91,500 74,000 77,000 78,800 66,000 43,700 64,600 124,685 24,170 60,700 11,205 32,100 89,275 71,645 72,575 77,685 65,950 43,700 1,700 615 630 800 795 900 2,225 2,355 4,425 1,115 50 - 753,900 738,290 15,610 81,000 11,100 198,700 12,800 104,622 74,705 29,178 115,500 107,295 78,200 65,400 63,385 8,510 190,610 8,345 85,510 61,200 21,100 102,290 81,900 58,135 61,770 17,615 2,590 8,090 4,455 19,112 13,505 8,078 13,210 25,395 20,065 3,630 878,500 742,755 135,745 2001 Authorization General Obligation Bonds Education, Youth and Family Cultural Facilities Computer Technology Environmental Cleanup Fire Protection Historic Preservation Library Facilities Street Improvements Neighborhood Protection and Senior Centers Parks, Open Space, and Recreational Facilities Police Protection Storm Sewer and Flood Protection Bonds Fully Issued Total 2001 Authorizations 2006 Authorization General Obligation Bonds Affordable Housing and Neighborhood Revitalizatio Computer Technology Education and Health Science Facilities Environmental Cleanup Family, Senior, and Youth Cultural Facilities Fire Protection Library Facilities and Improvements Parks, Open Space, and Recreational Facilities Police Protection Street Improvements Storm Sewer and Flood Protection Total 2006 Authorizations Total Bond Program $ 2,689,750 - 34 - $ 2,537,395 $ 152,355 Appendix A Additional historic and trend information for various revenue streams. Local Sales Tax (Dollars in Thousands) Local Sales Tax 70,000 16-17 Actuals 60,000 17-18 Actuals 18-19 Actuals 50,000 19-20 Actuals 40,000 20-21 Actuals 20-21 Budget 30,000 20,000 10,000 July FY 16-17 17-18 18-19 19-20 20-21 20-21 Budget Aug July 35,857 17,068 29,246 33,070 41,583 31,289 Sept Aug 36,805 43,895 32,982 36,653 59,937 40,817 Oct YTD thru Sept September 34,012 106,674 33,757 94,720 32,919 95,147 56,465 126,188 33,935 135,455 42,668 114,774 Nov Dec Oct 38,800 42,559 52,159 31,089 44,692 Jan Nov 32,023 31,868 33,971 40,325 37,519 Feb Dec 35,135 33,857 53,513 51,643 47,283 Note: City of Phoenix revenue is budgeted on an annual basis. 2020-21 monthly budget amounts are based on an allocation of the annual budget. Monthly budget amounts are calculated based on an allocation of FY 2016-17 through FY 2019-20 actual expenditures. Return to Summary Page - A1 - Jan 38,595 41,041 35,343 39,512 41,946 Mar Feb 22,766 36,368 38,579 33,570 35,644 Apr May June Mar 33,502 32,970 39,641 61,093 45,398 Apr 28,921 48,534 46,770 29,662 41,781 May 47,647 33,061 27,146 35,239 38,851 June 44,372 45,459 64,281 50,222 55,478 State Sales Tax (Dollars in Thousands) State Sales Tax 25,000 16-17 Actuals 20,000 17-18 Actuals 18-19 Actuals 15,000 19-20 Actuals 20-21 Actuals 20-21 Budget 10,000 5,000 July FY 16-17 17-18 18-19 19-20 20-21 20-21 Budget Aug July 11,269 11,773 18,836 20,116 22,912 16,942 Aug 11,027 12,260 13,749 14,944 14,482 14,205 Sept Oct Sept 11,658 17,561 12,476 11,479 13,123 14,532 Nov YTD thru September 33,954 41,594 45,061 46,539 50,517 45,679 Dec Jan Feb Mar Apr May June Oct 11,195 10,963 10,922 14,226 12,928 Nov 11,443 13,678 15,747 16,443 15,662 Dec 11,913 13,707 14,902 12,120 14,386 Jan 14,184 13,334 12,154 17,440 15,608 Feb 10,974 13,322 15,369 17,707 15,679 Mar 11,785 13,651 13,689 12,285 14,049 Apr 12,900 12,631 14,284 18,557 15,952 Note: City of Phoenix revenue is budgeted on an annual basis. 2020-21 monthly budget amounts are based on an allocation of the annual budget. Monthly budget amounts are calculated based on an allocation of FY 2016-17 through FY 2019-20 actual expenditures. Return to Summary Page - A2 - May 12,004 13,603 14,640 11,288 14,084 June 13,622 9,515 8,298 5,321 10,045 Vehicle License Tax (Dollars in Thousands) Vehicle License Tax 12,000 16-17 Actuals 11,000 17-18 Actuals 10,000 9,000 18-19 Actuals 8,000 19-20 Actuals 7,000 20-21 Actuals 6,000 20-21 Budget 5,000 4,000 3,000 2,000 July FY 16-17 17-18 18-19 19-20 20-21 20-21 Budget Aug Sept Oct July 5,712 9,008 9,422 10,791 10,098 9,314 Aug 4,393 4,830 5,782 5,619 7,692 5,499 Sept 4,846 5,152 5,349 5,207 6,207 5,480 Nov YTD thru September 14,951 18,990 20,553 21,617 23,997 20,293 Dec Jan Feb Oct 5,181 5,670 6,492 6,146 6,263 Nov 4,242 4,904 4,886 5,408 5,183 Dec 4,826 5,741 5,800 5,891 5,935 Note: City of Phoenix revenue is budgeted on an annual basis. 2020-21 monthly budget amounts are based on an allocation of the annual budget. Monthly budget amounts are calculated based on an allocation of FY 2016-17 through FY 2019-20 actual expenditures. Return to Summary Page - A3 - Mar Jan 5,607 5,470 6,143 6,514 6,328 Apr Feb 5,049 5,714 5,490 6,528 6,074 May Mar 5,457 5,493 5,943 5,960 6,093 June Apr 5,470 5,593 5,668 5,110 5,824 May 4,938 5,602 5,959 4,699 5,652 June 5,866 3,607 3,276 2,611 4,096 Governmental Funds Revenue (Dollars in Thousands) Governmental Funds Revenue 2016-17 Actuals 350,100.00 2017-18 Actuals 300,100.00 2018-19 Actuals 250,100.00 2019-20 Actuals 2020-21 Actuals 200,100.00 20-21 Budget 150,100.00 100,100.00 50,100.00 100.00 FY 16-17 17-18 18-19 19-20 20-21 20-21 Budget July Aug Sept Oct Nov July 125,592 98,501 131,124 100,481 68,761 143,545 Aug 165,819 185,527 168,019 187,393 217,048 221,783 Sept 157,173 176,701 152,605 194,506 260,275 217,459 YTD thru September 448,584 460,729 451,748 482,380 546,084 582,787 Oct 165,460 189,075 198,474 175,883 231,112 Dec Jan Feb Nov 212,320 226,848 247,632 269,127 300,608 Dec 218,635 192,262 221,971 226,582 273,368 Jan 173,436 187,522 170,844 209,806 235,306 Note: City of Phoenix revenue is budgeted on an annual basis. 2020-21 monthly budget amounts are based on an allocation of the annual budget. Monthly budget amounts are calculated based on an allocation of FY 2016-17 through FY 2019-20 actual expenditures. Return to Summary Page - A4 - Mar Apr Feb 145,268 176,559 173,462 187,061 218,212 May Mar 159,366 167,449 187,169 217,521 233,453 June Apr 185,518 217,138 210,659 180,484 255,157 May 251,092 223,002 245,256 226,625 301,435 June 225,798 252,080 280,540 378,887 370,977 Aviation Revenues (Dollars in Thousands) Aviation Operating Revenues 50,000 16-17 Actuals 17-18 Actuals 40,000 18-19 Actuals 19-20 Actuals 30,000 20-21 Actuals 20-21 Budget 20,000 10,000 July FY 16-17 17-18 18-19 19-20 20-21 20-21 Budget Aug Sept Oct Nov July 28,314 26,403 31,468 30,489 25,387 33,174 Aug 29,777 34,965 32,105 32,307 2,666 36,722 Sept 29,279 30,148 31,728 32,953 27,193 35,288 YTD thru September 87,370 91,516 95,301 95,749 55,246 105,184 Dec Jan Feb Mar Apr Oct 28,339 29,291 31,719 32,056 34,519 Nov 30,504 21,702 32,312 33,532 33,565 Dec 24,926 38,212 30,496 36,787 37,082 Jan 28,532 32,543 31,205 34,297 35,990 Feb 28,901 30,671 32,944 34,215 36,033 Note: City of Phoenix revenue is budgeted on an annual basis. 2020-21 monthly budget amounts are based on an allocation of the annual budget. Monthly budget amounts are calculated based on an allocation of FY 2016-17 through FY 2019-20 actual expenditures. Return to Summary Page - A5 - May Mar 29,273 33,070 33,075 34,228 36,862 June Apr 33,162 37,265 37,847 27,255 38,535 May 32,146 32,447 34,396 23,524 34,834 June 31,531 38,986 35,938 10,702 33,311 Water System Revenues (Dollars in Thousands) Water System Operating Revenues 70,000 16-17 Actuals 60,000 17-18 Actuals 18-19 Actuals 50,000 19-20 Actuals 40,000 20-21 Actuals 20-21 Budget 30,000 20,000 10,000 July FY 16-17 17-18 18-19 19-20 20-21 20-21 Budget Aug July 50,220 54,624 49,797 52,660 57,819 58,196 Sept Aug 47,104 44,633 46,762 51,596 53,509 53,366 Oct Sept 43,613 44,819 44,112 47,319 52,454 50,494 Nov Dec Jan Feb Mar Apr May June YTD thru September 140,938 144,076 140,671 151,575 163,782 162,056 Oct 37,360 39,391 35,672 40,300 42,874 Nov 34,083 38,890 31,619 38,339 40,125 Dec 26,073 27,184 25,048 26,405 29,396 Jan 21,608 25,186 22,565 25,330 26,582 Feb 19,223 22,704 21,558 25,643 25,021 Mar 20,925 23,806 20,138 24,861 25,190 Apr 32,958 31,392 31,150 29,080 34,974 Note: City of Phoenix revenue is budgeted on an annual basis. 2020-21 monthly budget amounts are based on an allocation of the annual budget. Monthly budget amounts are calculated based on an allocation of FY 2016-17 through FY 2019-20 actual expenditures. Return to Summary Page - A6 - May 38,009 38,031 36,293 40,442 42,889 June 46,526 43,736 38,106 52,141 50,675 Wastewater Revenues (Dollars in Thousands) Wastewater Operating Revenues 27,000 16-17 Actuals 17-18 Actuals 22,000 18-19 Actuals 19-20 Actuals 17,000 20-21 Actuals 20-21 Budget 12,000 7,000 2,000 July FY 16-17 17-18 18-19 19-20 20-21 20-21 Budget Aug July 18,836 18,615 17,949 18,374 21,205 19,061 Sept Aug 19,359 22,957 20,417 24,593 22,791 22,563 Oct Sept 19,337 19,811 21,145 21,373 21,844 21,100 Nov Dec Jan Feb Mar Apr May June YTD thru September 57,533 61,383 59,511 64,340 65,840 62,724 Oct 18,611 20,195 23,028 20,975 21,395 Nov 18,347 20,386 19,734 21,142 20,569 Dec 19,493 20,097 20,469 20,888 20,914 Jan 19,155 20,584 22,113 22,063 21,681 Feb 18,594 19,499 19,436 20,973 20,283 Mar 19,618 20,517 19,960 21,613 21,111 Apr 19,731 18,079 21,256 18,428 20,022 Note: City of Phoenix revenue is budgeted on an annual basis. 2020-21 monthly budget amounts are based on an allocation of the annu budget. Monthly budget amounts are calculated based on an allocation of FY 2016-17 through FY 2019-20 actual expenditures. Return to Summary Page - A7 - May 20,233 20,160 20,980 23,948 22,044 June 20,633 18,345 16,544 18,289 19,071