October 2020 Monthly Financial Report PREPARED BY Financial Accounting & Reporting Division October 31, 2020 To the Mayor and City Council: This is the City's Financial Report for October, the fourth 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 30, 2020 CITY AUDITOR REPORT To the Chief Financial Officer, We have assessed the Finance Department’s (Finance) October 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, Ross Tate City Auditor City of Phoenix Monthly Financial Report October 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 Better than 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 Expenditures Citywide Total Operating Expenditures 5 Better than Expected General Government 5 Monitor and Consider Taking Action Criminal Justice 6 Better than Expected Performance Status Public Safety 6 Better than Expected Better than Expected - Positive variance of greater than 1% actual vs budget. Transportation 7 Better than Expected Community Development 7 Monitor and Consider Taking Action 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 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. October General Fund YTD Expenditures (Dollars in Thousands) Refer to detailed financial schedules pages 22 thru 34 Total General Fund Expenditures 16-17 17-18 18-19 19-20 20-21 October YTD Annual % of Annual Expenditures Expenditures * Expenditures 382,944 1,105,361 34.6% 416,493 1,177,280 35.4% 428,003 1,214,362 35.2% 466,267 1,282,831 36.3% 466,369 1,388,618 33.6% * - 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 $1,600,000 $1,400,000 $1,400,000 $1,200,000 $1,200,000 $1,000,000 $1,000,000 $800,000 $800,000 October YTD Expenditures October YTD 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 October are 0.0% 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 October YTD Annual % of Annual Expenditures Expenditures * Expenditures 40,097 106,754 37.6% 43,041 110,408 39.0% 44,767 114,393 39.1% 53,882 123,100 43.8% 52,812 152,890 34.5% * - 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 October YTD Expenditures October 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 October are 2.0% 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 October General Fund YTD Expenditures (Dollars in Thousands) Refer to detailed financial schedules pages 22 thru 34 Criminal Justice Criminal Justice October YTD Annual % of Annual Expenditures Expenditures * Expenditures 10,240 31,595 32.4% 11,006 32,232 34.1% 11,561 33,387 34.6% 12,084 35,033 34.5% 12,126 37,541 32.3% $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 October 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 October are 0.3% 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 October YTD Annual % of Annual Expenditures Expenditures * Expenditures 263,951 764,482 34.5% 282,463 817,960 34.5% 289,221 841,467 34.4% 305,142 893,403 34.2% 317,148 944,681 33.6% $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 $800,000 October YTD Expenditures $600,000 $400,000 Annual Expenditures * $200,000 16-17 17-18 18-19 19-20 20-21 Better than 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 October, general fund public safety expenditures are 3.9% 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 October General Fund YTD Expenditures (Dollars in Thousands) Refer to detailed financial schedules pages 22 thru 34 Transportation Community Development Transportation October YTD Annual % of Annual Expenditures Expenditures * Expenditures 5,327 17,878 29.8% 8,058 16,366 49.2% 8,345 18,337 45.5% 7,985 19,748 40.4% 7,045 20,762 33.9% $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 October 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 October, General fund transportation expenditures are 11.8% lower than the same period in the prior fiscal year. Community Development 16-17 17-18 18-19 19-20 20-21 October YTD Annual % of Annual Expenditures Expenditures * Expenditures 6,530 19,709 33.1% 7,320 20,243 36.2% 7,157 21,238 33.7% 8,161 22,542 36.2% 7,898 24,761 31.9% * - For prior years-total actual expenditures, for current year-total approved budget Community Development $30,000 October 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 October are 3.2% lower 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 October General Fund YTD Expenditures (Dollars in Thousands) Refer to detailed financial schedules pages 22 thru 34 Community Enrichment Community Enrichment October YTD Annual % of Annual Expenditures Expenditures * Expenditures 51,861 146,749 35.3% 55,798 156,325 35.7% 59,378 156,552 37.9% 66,388 155,417 42.7% 60,808 169,541 35.9% $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 October 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 October, general fund community enrichment expenditures are 8.4% 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 October YTD Annual % of Annual Expenditures Expenditures * Expenditures 3,585 12,775 28.1% 5,419 12,624 42.9% 6,251 16,886 37.0% 9,774 19,180 51.0% 6,691 18,799 35.6% * - For prior years-total actual expenditures, for current year-total approved budget Environmental Services $24,000 October 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 October, general fund environmental services expenditures are 31.5% 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. October 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 October YTD Annual % of Annual Expenditures Expenditures * Expenditures 1,190,170 3,468,589 34.3% 1,303,900 3,547,078 36.8% 1,442,548 3,775,464 38.2% 1,450,722 3,814,963 38.0% 1,418,499 4,639,964 30.6% * - 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 October 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 October are 2.2% lower than the same period in the prior fiscal year. General Government 16-17 17-18 18-19 19-20 20-21 October YTD Annual % of Annual Expenditures Expenditures * Expenditures 42,855 121,863 35.2% 50,352 134,117 37.5% 46,301 138,349 33.5% 59,527 157,200 37.9% 73,614 178,719 41.2% * - For prior years-total actual expenditures, for current year-total approved budget Monitor and Consider Taking Action General Government $200,000 October 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 October are 23.7% 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 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. 5 October 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 October YTD Annual % of Annual Expenditures Expenditures * Expenditures 13,377 41,117 32.5% 13,088 38,411 34.1% 12,256 42,530 28.8% 15,346 44,425 34.5% 14,938 47,008 31.8% * - For prior years-total actual expenditures, for current year-total approved budget Criminal Justice $50,000 October 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 2.7% lower through October 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 October YTD Annual % of Annual Expenditures Expenditures * Expenditures 310,104 908,553 34.1% 332,957 970,771 34.3% 345,418 1,025,513 33.7% 374,072 1,110,457 33.7% 384,672 1,165,317 33.0% * - 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 October YTD Expenditures Annual Expenditures * 16-17 17-18 18-19 19-20 20-21 Better than Expected Public Safety expenditures include costs of Police, Fire and Emergency Management. Citywide public safety expenditures through October are 2.8% 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 October 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 October YTD Annual % of Annual Expenditures Expenditures * Expenditures 313,679 642,850 48.8% 362,493 709,977 51.1% 342,720 722,667 47.4% 425,627 774,492 55.0% 359,205 952,224 37.7% * - 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 October 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 15.6% lower through October 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 October YTD Annual % of Annual Expenditures Expenditures * Expenditures 61,457 188,365 32.6% 67,233 203,096 33.1% 64,320 195,716 32.9% 70,090 229,793 30.5% 85,193 273,969 31.1% * - For prior years-total actual expenditures, for current year-total approved budget Monitor and Consider Taking Action Community Development $300,000 October 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 October are 21.5% 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 October 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 October YTD Annual % of Annual Expenditures Expenditures * Expenditures 96,834 292,983 33.1% 111,219 306,763 36.3% 110,504 317,465 34.8% 132,077 316,680 41.7% 143,799 368,384 39.0% * - 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 October 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 October are 8.9% 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 October YTD Annual % of Annual Expenditures Expenditures * Expenditures 203,625 599,837 33.9% 216,550 696,244 31.1% 173,529 670,219 25.9% 245,568 692,524 35.5% 254,943 762,498 33.4% * - 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 October 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 3.8% higher through October 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 October 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 October YTD Annual % of Annual Expenditures Expenditures * Expenditures 46,772 137,205 34.1% 35,734 106,315 33.6% 178,236 116,634 152.8% 43,513 130,839 33.3% 44,213 132,332 33.4% * - For prior years-total actual expenditures, for current year-total approved budget net of credit for early redemption fund resources $240,000 October YTD Expenditures $180,000 $120,000 Annual Expenditures * $60,000 $0 16-17 17-18 18-19 19-20 20-21 Expected General obligation debt service expenditures through October are 1.6% 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) $ $ 260,494 $ 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 84,752 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) $ 12,162 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) $ 1,149 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 $ 22,162 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 $ 33,189 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 October 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 October YTD Revenues 315,924 347,487 342,914 365,435 478,763 17-18 Annual Revenues* 1,094,933 1,162,635 1,220,768 1,307,357 1,309,519 18-19 19-20 20-21 % of Annual Revenues 28.9% 29.9% 28.1% 28.0% 36.6% * - 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. Fiscal year 2020-21 includes $73M Coronavirus relief fund allocated to offset General Fund Public Safety costs. Actual revenues through October are 31.0% 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 90,000 146,121 60,000 154,560 162,129 179,950 170,209 30,000 13,870 8,890 16-17 FY 16-17 17-18 18-19 19-20 20-21 YTD 20-21 Budget Primary Total 237,142 249,995 263,781 277,764 22,760 293,545 July (1,004) (1,054) (1,049) (1,141) (1,619) (1,203) 17-18 Aug 454 (395) 688 1,081 1,541 510 Sept 773 891 980 647 1,288 934 18-19 Oct 12,067 16,220 12,601 11,579 21,550 14,982 Nov 57,953 87,691 91,331 106,458 105,871 19-20 Dec 51,488 25,018 30,444 23,612 29,325 20-21 YTD 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 13,870 8,890 179,950 113,594 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 October are 15.0% higher than the same period in the prior year. Actual local sales tax revenues through October are 13.5% 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 October state shared sales tax revenues are 17.0% 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 October 2020 are 18.0% 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 October 2020 are 6.4% 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 October 2020 are 45.4% 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 October 2020 are 3.0% 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 October 2020 are 4.7% 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 OCTOBER 31 (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 $ 180,922 $ 541 157,277 261 174,072 241,167 71,743 179,950 2,960 10,120 68,555 80,079 31,325 13,870 784 (61) 60,765 71,566 27,763 7,416 856 2,535 11,548 1,296 15,481 768 7,559 1,808 6,663 2,823 378 48,860 62 1,043 444 1,817 3,667 373 2,677 166 2,015 600 2,359 37,875 1,400 13,660 9,420 15,613 9,649 268 32,111 1,909 3,385 12,286 264 5,309 3,519 3,762 1,309,520 - 22 - $ 478,764 $ 365,436 General Fund Expenditures As of OCTOBER 31 (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 $ 595 $ 1,239 1,413 19,644 916 728 8,326 748 1,735 3,695 1,449 10,867 1,456 52,812 588 1,354 1,230 19,280 834 732 8,047 951 2,558 4,193 1,486 10,923 1,706 53,882 Criminal Justice Municipal Court Public Defender Total Criminal Justice 32,161 5,380 37,541 10,564 1,562 12,126 10,494 1,590 12,084 Public Safety Police Fire Others Total Public Safety 591,932 352,507 242 944,681 201,833 115,140 175 317,148 194,522 110,484 136 305,142 Transportation Street Transportation Public Transit Total Transportation 18,976 1,786 20,762 5,956 1,089 7,045 6,345 1,640 7,985 Community Development Economic Development Neighborhood Services Department Planning and Development Others Total Community Development 6,251 14,033 4,308 169 24,761 1,771 4,627 1,436 64 7,898 2,009 4,914 1,203 35 8,161 Community Enrichment Parks and Recreation Library Human Services Others Total Community Enrichment 101,808 40,896 19,978 6,859 169,541 34,421 17,013 6,591 2,783 60,808 38,089 16,791 7,717 3,791 66,388 Environmental Services Public Works Environmental Programs Others Total Environmental Services 17,643 732 424 18,799 6,177 266 248 6,691 9,653 121 9,774 Capital Improvement 19,643 1,841 2,851 Vacancy Savings (18,600) - - Contingencies 55,596 - - 466,369 $ 466,267 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 OCTOBER 31 (dollars in thousands) Source General Funds Local Taxes: Sales Taxes Privilege License Fees State Shared Taxes: State Sales Tax State Income Tax Vehicle License Tax Primary Property Tax Licenses and Permits Cable Communications Municipal Court Police Library Fees Parks and Recreation Planning & Development Street Transportation Fire Interest Other Fees and Service Charges $ 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 3,050 180,922 $ 541 157,277 261 174,072 241,167 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 68,555 80,079 31,325 13,870 784 (61) 3,200 48,860 62 1,043 444 1,817 42,028 1,909 3,385 60,765 71,566 27,763 7,416 856 2,535 4,039 2,677 166 2,015 600 2,359 17,860 3,520 3,762 1,309,520 478,764 365,437 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 15,045 39,434 12,322 1,938 84,177 183 30,611 2,519 3,631 47,659 (451) 2,258 2,702 32,128 8,897 11,135 29,542 11,481 1,283 90,180 1,228 34,817 2,993 6,653 48,278 8,527 7,282 6,528 28,152 4,750 1,692,894 283,052 292,828 425,915 87,381 479,782 249,814 175,132 76,291 14,500 211,117 88,074 56,779 127,805 23,266 191,875 85,315 49,558 1,418,024 446,762 477,819 4,420,438 - 24 - $ $ 1,208,577 $ 1,136,085 Citywide Operating Expenditures As of OCTOBER 31 (dollars in thousands) Source General Government General Funds Other Funds Total General Government Actual Year-to-Date 2020-2021 2019-2020 Budget 2020-2021 52,812 $ 20,802 73,614 53,882 5,645 59,527 37,541 9,467 47,008 12,126 2,812 14,938 12,084 3,262 15,346 Public Safety General Funds Other Funds Total Public Safety 944,681 220,636 1,165,317 317,148 67,524 384,672 305,142 68,930 374,072 Transportation General Funds Other Funds Total Transportation 20,762 931,462 952,224 7,045 352,160 359,205 7,985 417,642 425,627 Community Development General Funds Other Funds Total Community Development 24,761 249,208 273,969 7,898 77,295 85,193 8,161 61,929 70,090 Community Enrichment General Funds Other Funds Total Community Enrichment 169,541 198,843 368,384 60,808 82,991 143,799 66,388 65,689 132,077 Environmental Services General Funds Other Funds Total Environmental Services 18,799 743,699 762,498 6,691 248,252 254,943 9,774 235,794 245,568 Debt Service General Funds Other Funds Total Debt Service 132,332 132,332 44,213 44,213 43,513 43,513 Capital Improvement General Funds Other Funds Total Capital Improvement 19,643 739,871 759,514 1,841 56,081 57,922 2,851 82,051 84,902 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 5,020,460 466,369 952,130 1,418,499 $ $ 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 - 466,267 984,455 1,450,722 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 OCTOBER 31 2020 2019 Budget Estimate 2020-2021 Source Actual Year-to-Date 2020-2021 2019-2020 General Funds $ 45,466,716 204,205 45,670,921 $ 31,089,258 50,612 Local Taxes: Sales Taxes Privilege License Fees $ 503,367,000 3,050,000 $ 180,922,191 541,458 $ 157,276,907 260,913 31,139,870 Total Local Taxes 506,417,000 181,463,649 157,537,820 18,037,643 20,019,770 7,327,694 14,225,849 17,891,435 6,146,581 State Shared Taxes: State Sales Tax State Income Tax Vehicle License Tax 174,072,000 241,167,000 71,743,000 68,554,610 80,079,080 31,325,132 60,765,097 71,565,738 27,763,108 45,385,107 38,263,865 486,982,000 179,958,822 160,093,943 13,172,471 7,089,996 Primary Property Tax 179,950,000 13,869,746 7,415,796 136,298 129,533 Licenses and Permits 2,960,000 784,377 856,105 0 2,529,542 Cable Communications 10,120,000 (60,894) 2,534,509 672,257 69,279 942,355 91,285 Municipal Court: Fines and Forfeitures Court Default Fee 11,548,248 1,296,000 2,822,568 377,588 3,666,503 372,823 741,536 1,033,640 565,738 705,730 Total State Shared Taxes Total Municipal Court Police 12,844,248 3,200,156 4,039,326 15,480,700 48,859,976 2,677,304 122,433 35,464 Library Fees 767,713 61,909 166,146 390,281 511,691 Parks and Recreation 7,559,338 1,043,244 2,014,907 119,357 143,998 Planning and Development 1,808,200 444,093 599,792 377,607 486,843 Street Transportation 6,662,600 1,816,516 2,358,605 2,030,054 71,500 3,103,910 3,071,151 59,525 2,329,765 Fire: Emergency Transportation Service Hazardous Materials Inspection Fee Other 37,875,000 1,400,000 13,659,600 9,649,059 268,025 32,111,286 12,285,999 264,375 5,309,054 5,205,464 5,460,441 52,934,600 42,028,370 17,859,428 460,575 824,664 9,420,000 1,908,611 3,519,313 1,448,749 1,063,238 113,796,537 89,418,515 Total Fire Interest Other Fees and Service Charges Total General Funds 26 15,612,775 3,384,955 3,762,162 1,309,519,174 478,763,530 365,435,156 Citywide Operating Revenue by Source (continued) For the Month Ended OCTOBER 31 2020 2019 Budget Estimate 2020-2021 Source Actual Year-to-Date 2020-2021 2019-2020 Special Revenue and Debt Service Funds $ 2,077,001 148,358 741,786 64,268 $ 3,031,413 6,599,304 2,321,877 20,240 1,672,727 119,481 597,402 70,249 Neighborhood Protection: Police Neighborhood Protection Police Blockwatch Fire Neighborhood Protection Interest/Other 2,459,859 Total Neighborhood Protection $ $ $ 3,921,974 1,016,275 43,784 3,090,172 $ 2,646,421 330,262 0 182,682 1,153 38,322 $ $ $ $ $ 253,055 0 143,774 (202) 58,011 8,941,421 4,982,033 552,419 20,240,581 1,434,713 $ $ 21,675,294 $ Public Safety Enhancement & Expansion Police Fire Interest/Other Total Public Safety Enhancement & Expansion 25,578,000 1,827,000 9,134,000 637,000 $ 8,235,764 588,269 2,941,344 3,280,077 $ 7,570,956 540,783 2,703,913 319,155 37,176,000 15,045,454 11,134,807 72,595,000 23,277,000 606,510 22,266,320 6,815,590 10,351,636 22,080,771 7,253,321 207,963 96,478,510 39,433,546 29,542,055 Parks and Preserves 38,830,728 12,322,070 11,480,991 Golf Courses: Fees Coffee Shops Concessions Interest Other 3,948,300 0 2,054,000 1,540 269,816 1,086,729 0 703,989 5,676 141,995 678,713 0 462,259 1,463 140,328 454,638 Total Golf Courses 6,273,656 1,938,389 1,282,763 16,314,709 4,841,853 Transit 2000 & 2050: Sales Taxes Interest/Other 249,230,000 43,467,791 80,393,477 3,783,421 73,774,084 16,405,875 292,697,791 84,176,898 90,179,959 21,156,562 Total Transit 2000 & 2050 0 $ 1,228,170 Court Awards 5,759,602 182,619 1,228,170 5,728,079 $ 7,064,939 Planning and Development 72,139,500 30,610,565 34,817,270 737,284 $ 718,098 Capital Construction 8,539,000 2,518,832 2,992,929 Sports Facilities: Sales Taxes Interest/Other 20,558,000 4,411,906 2,644,514 986,345 5,485,624 1,167,466 24,969,906 3,630,859 6,653,090 778,556 815,468 1,594,024 $ $ 1,352,070 889,887 2,241,957 Total Sports Facilities 27 Citywide Operating Revenue by Source (continued) For the Month Ended OCTOBER 31 2020 2019 Source Budget Estimate 2020-2021 Actual Year-to-Date 2020-2021 2019-2020 145,124,000 1,000,000 160,000 47,370,590 282,409 5,285 47,060,959 624,501 592,190 146,284,000 47,658,284 48,277,650 Special Revenue and Debt Service Funds (Cont'd) $ 12,900,913 56,479 1,096 12,223,353 141,668 0 12,958,488 12,365,021 - $ - Highway User Revenue: Highway User Revenue Interest Other Total Highway User Revenue Local Transportation Assistance 0 0 0 (737,211) 2,928,415 Regional Transit Revenues 41,123,538 (451,039) 8,526,788 411,344 2,857,021 Community Reinvestment 5,987,227 2,257,926 7,282,238 2,079,994 7,789,776 Other Restricted Fees 47,489,334 2,701,663 6,527,657 889,496 7,489,153 328,796 859,763 6,506,845 497,564 Grants: Public Housing: Rentals Grants Other 8,287,450 99,730,276 22,242,602 2,194,665 34,916,994 2,663,219 2,688,947 30,151,912 3,862,966 8,707,445 7,864,172 130,260,328 39,774,878 36,703,825 58,963,098 180,910,504 53,374,820 327,430,851 13,541,529 (17,333,566) (1,393,545) (2,460,996) 8,005,640 (17,319,504) (834,416) 1,595,966 6,088,671 14,728,221 (15,028) 3,985,394 2,772,547 217,210 26,271 2,203,095 $ Total Public Housing Other: Human Resources Federal Transit Administration Community Development Other 24,787,258 5,219,123 Total Other 620,679,273 (7,646,578) (8,552,314) 33,494,703 13,083,295 Total Grants 750,939,601 32,128,300 28,151,511 8,376,618 6 4,488,538 0 113,594,000 4,611,597 8,889,504 7,784 4,749,741 750 8,376,624 4,488,538 118,205,597 8,897,288 4,750,491 101,934,048 86,464,743 1,692,893,990 283,051,654 292,828,369 116,487,500 295,282,200 2,424,900 5,293,420 2,697,600 3,729,600 0 25,782,617 45,859,057 1,035,081 1,067,232 993,707 1,046,728 507,075 36,949,862 85,112,643 1,484,254 1,162,326 1,035,244 1,024,920 1,036,147 425,915,220 76,291,497 127,805,396 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: 6,805,044 12,966,597 306,530 354,188 250,347 260,789 101,967 9,049,160 21,652,331 338,405 284,354 235,623 246,838 250,174 21,045,462 32,056,885 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 OCTOBER 31 2020 2019 Budget Estimate 2020-2021 Source Actual Year-to-Date 2020-2021 2019-2020 Enterprise Funds (Cont'd) CONVENTION CENTER: $ 3,492,704 173,414 38,750 3,905,067 1,808,360 108,704 3,704,868 5,822,131 45,191,425 226,245 571,191 926,245 668,609 192,451 (441,107) 37,346,048 500,624 565,321 517,976 412,260 565,101 392,785 47,335,059 40,300,115 Excise Taxes Operating Revenue Interest Total Convention Center 60,050,000 25,831,300 1,500,000 13,450,880 861,792 187,399 16,642,486 6,195,797 427,954 87,381,300 14,500,071 23,266,237 449,675,316 5,500,000 5,310,000 7,878,000 4,100,000 5,690,000 1,628,668 203,450,353 892,737 3,210,529 3,732,693 1,865,039 825,191 (2,859,076) 181,399,329 1,509,432 2,228,175 2,165,846 1,561,710 2,145,927 864,199 479,781,984 211,117,466 191,874,618 WATER SYSTEM: $ Water Sales Water Service Fees Distribution Intergovernmental Development Fees Interest Other $ Total Water System WASTEWATER: 17,548,274 1,739,539 615,420 242,273 2,088,338 17,138,553 1,579,924 385,620 362,112 1,508,574 Sewer Service Charges Multi-City Development Fees Interest Other 207,876,578 17,561,000 4,000,000 5,456,000 14,920,801 69,761,420 7,534,855 1,734,570 1,060,147 7,982,771 68,714,560 6,864,811 1,449,840 1,477,800 6,808,114 22,233,844 20,974,783 Total Wastewater 249,814,379 88,073,763 85,315,125 160,206,000 9,970,500 18,000 4,937,029 51,089,180 3,964,277 117,683 1,607,840 44,375,275 3,008,140 302,945 1,871,322 175,131,529 56,778,980 49,557,682 1,418,024,412 446,761,777 477,819,058 $ 4,420,437,576 $ 1,208,576,961 SOLID WASTE: $ 12,793,536 1,214,952 25,606 646,163 11,108,184 804,522 64,711 413,422 14,680,257 12,390,839 108,999,490 111,544,753 324,730,075 $ 287,428,011 Collection Fees Landfill Fees Interest Other Total Solid Waste Total Enterprise Funds Total Operating Revenues 29 $ 1,136,082,583 Citywide Operating Expenditures by Program For the Month Ended OCTOBER 31 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 $ 164,163 $ 278,259 707,140 12,206,202 61,825 222,034 197,563 1,816,300 129,289 586,687 1,185,535 252,440 9,524 462,404 2,624,097 (1,048,296) 149,930 331,393 319,661 4,966,216 389,035 218,743 209,741 2,136,999 287,227 379,483 1,160,953 51,500 206,433 9,060 338,711 1,082,762 (495,097) 19,855,164 11,742,749 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 $ 616,312 1,239,255 2,377,608 32,174,068 705,896 921,900 877,776 8,961,605 748,443 1,734,723 4,975,814 851,825 41,958 1,448,879 16,860,534 (922,447) $ 588,315 1,353,739 1,278,466 23,494,824 763,231 882,711 828,070 8,513,310 950,808 2,558,287 4,669,699 215,479 783,652 49,701 1,485,790 11,856,671 (745,391) $ 616,312 1,239,255 2,377,608 28,576,083 705,896 921,900 877,776 8,961,605 748,443 1,734,723 4,702,574 851,825 41,958 1,448,879 15,928,756 (922,447) 3,597,984 273,240 931,778 - 178,719,371 73,614,148 59,527,363 68,811,146 4,803,002 41,627,291 5,380,368 13,376,644 1,561,811 13,756,196 1,590,187 11,261,766 1,561,811 2,114,878 - 47,007,659 14,938,455 15,346,383 12,823,577 2,114,878 745,289,020 418,740,427 1,287,140 248,140,520 136,099,064 432,015 242,683,119 130,935,665 453,337 247,727,987 135,230,250 432,015 412,532 868,814 - 1,165,316,587 384,671,599 374,072,121 383,390,253 1,281,346 Criminal Justice 2,896,914 379,398 3,298,749 407,805 3,276,311 3,706,554 Municipal Court Public Defender Total Criminal Justice Public Safety 57,438,036 32,061,493 83,515 58,657,129 35,062,636 141,883 89,583,045 93,861,647 Police Fire Other Total Public Safety -30- Citywide Operating Expenditures by Program (continued) For the Month Ended OCTOBER 31 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 $ 9,250,758 804,947 27,377,172 1,672,111 39,104,988 $ 8,683,586 591,960 30,402,791 9,446,043 Street Transportation Street Lighting Aviation Public Transit 49,124,380 Total Transportation $ 99,257,160 9,859,530 556,005,818 287,100,994 $ 42,341,869 3,670,202 111,207,103 201,986,251 $ 40,369,214 3,853,961 122,298,091 259,105,292 $ 40,756,140 3,670,202 82,104,385 201,831,112 1,585,729 29,102,718 155,139 952,223,502 359,205,425 425,626,558 328,361,839 30,843,586 Community Development 5,274,295 8,288,829 1,092,299 8,638,283 5,406,227 7,453,619 1,489,697 4,248,856 Planning and Development Housing Economic Development Neighborhood Services Department 72,793,823 118,008,161 19,610,771 63,555,996 21,583,932 34,092,067 13,502,250 16,014,446 20,744,136 31,457,084 5,178,707 12,710,087 21,583,932 34,068,644 11,514,551 16,014,446 23,422 1,987,699 - 23,293,706 18,598,399 Total Community Development 273,968,751 85,192,695 70,090,014 83,181,574 2,011,121 118,089,734 41,958,307 76,518,471 21,161,884 100,582,945 5,411,601 4,661,018 40,808,413 17,630,224 32,882,914 3,451,622 42,209,818 3,435,097 3,380,650 44,065,124 17,006,703 33,206,866 2,032,872 30,039,102 3,622,299 2,103,610 40,640,193 17,630,224 26,089,884 42,171,661 3,435,097 3,380,650 168,220 6,793,030 3,451,622 38,157 - 368,383,960 143,798,738 132,076,575 133,347,709 10,451,028 Community Enrichment 9,087,509 3,182,068 4,101,748 1,170,252 9,130,522 86,730 445,399 10,211,939 3,207,218 4,001,483 508,218 7,514,664 99,305 409,796 27,204,229 25,952,624 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 OCTOBER 31 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 $ 25,747,228 14,171,121 12,835,103 2,082,134 385,688 76,333 55,297,607 $ 28,105,357 16,960,773 12,894,472 4,218,541 (381,719) 61,797,423 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 $ 126,963,856 62,124,749 52,995,021 10,561,100 1,996,045 302,222 $ 119,627,431 63,522,936 50,218,174 12,123,870 75,751 - $ 82,562,471 38,691,146 48,478,634 7,969,250 1,996,045 302,222 44,401,385 23,433,603 4,516,387 2,591,851 74,943,226 762,498,089 254,942,994 245,568,162 179,999,769 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 5,641,512 1,410,595 267,338 2,608,176 179,658 350,775 2,210,518 823,913 5,174,974 2,350,257 253,790 6,640,886 3,211,301 1,710,356 492,477 13 314,000 6,805,788 3,652,532 7,050 107,143 1,142,567 3,801,208 2,031,395 229,950 2,362,000 203,325 3,463,959 725,227 4,529,171 2,409,579 1,169,132 6,056,488 3,433 2,261,301 1,650,753 833,194 382,667 5,348,088 2,489,708 2,050 2,417,643 5,641,512 1,410,595 267,338 2,608,176 179,658 350,775 2,210,518 823,913 5,174,974 2,350,257 253,790 6,640,886 3,211,301 1,710,356 492,477 13 314,000 6,805,788 3,652,532 7,050 107,143 - 44,213,055 - General Obligation Debt Service $ 1,410,378 352,649 66,834 652,044 44,915 28,522 552,630 205,978 1,293,744 587,564 63,447 1,660,222 802,825 427,589 123,119 13 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 1,514,122 858 565,325 412,688 208,298 133,167 1,337,022 622,427 513 604,411 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 10,994,102 10,915,710 Total Debt Service 132,331,884 44,213,055 43,512,840 17,238,750 10,678,811 Capital Improvement 759,514,438 57,921,771 84,901,617 Coronavirus Relief Fund 275,000,000 - Vacancy Savings (18,600,000) - - - Contingencies 124,096,000 - 286,378,297 - - - - - 285,847,902 - 5,020,460,241 1,418,498,881 -32- 1,450,721,632 1,234,128,921 126,448,189 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 $ 23,071,042 1,559,888 3,342,222 2,292,520 812,491 23,900 76,541 4,920,554 171,784 174,706,010 318 49,516,331 $ 6,133,495 2,596,434 (0) 82,786 3,801,780 2,106,589 5,815 50,994 3,708,093 19,196,672 3,201,941 61,078,670 166,700,631 152,284,744 $ 1,234,115 1,298,084 1,558,190 1,597,500 686,894 23,900 75,905 4,563,401 171,594 6,494,880 19,371,082 1,848,000,902 $ 260,493,600 $ 101,963,269 485,068,222 $ 37,075,545 $ $ 517,946,938 43,608,529 31,308,636 312,588,597 605,240,884 1,510,693,584 $ $ 84,751,987 12,161,771 1,148,574 22,162,233 33,189,466 153,414,031 $ 3,358,694,486 $ 413,907,631 - $ 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 $ $ $ 52,424,512 33,493,387 3,426,077 9,456,660 26,532,297 125,332,932 $ 227,296,201 - 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 $ $ 21,836,927 261,804 1,784,032 695,020 125,596 636 357,153 189 168,211,130 318 30,145,250 1,362,932,680 $ $ $ 2,084,370 2,263,956 1,051,300 2,075,573 13,371,027 20,846,225 $ 57,921,771 Unencumbered Budget 223,418,054 $ $ 392,350,345 25,991,511 21,759,327 280,555,597 515,590,588 1,236,247,368 $ 2,599,180,048 902,484 109,804,063 40,938,387 27,258,865 35,086,950 600,000 20,348,173 9,461,100 10,566,759 84,626,091 14,326,216 11,016,000 968,272,612 7,324,634 246,974,967 $ 1,587,507,302 $ $ 82,667,617 9,897,816 97,274 20,086,659 19,818,440 132,567,806 $ 433,194,951 31,446,758 30,160,063 290,426,364 572,051,418 1,357,279,553 $ 355,985,860 $ 2,944,786,855 Bonds Authorized and Sold As of OCTOBER 31 (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 Sept 34,012 33,757 32,919 56,465 33,935 42,668 Nov Oct 38,800 42,559 52,159 31,089 45,467 44,692 YTD thru October 145,474 137,279 147,306 157,277 180,922 159,466 Dec 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 Oct 11,195 10,963 10,922 14,226 18,038 12,928 Dec Jan Feb Mar Apr May June YTD thru October 45,149 52,557 55,983 60,765 68,555 58,607 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 Dec Jan Feb Oct 5,181 5,670 6,492 6,146 7,328 6,263 YTD thru October 20,132 24,660 27,045 27,763 31,325 26,556 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 Oct 165,460 189,075 198,474 175,883 215,731 231,112 YTD thru October 614,044 649,804 650,222 658,263 761,815 813,899 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 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 Nov Dec Jan Feb Mar Apr Oct 28,339 29,291 31,719 32,056 21,045 34,519 YTD thru October 115,710 120,807 127,020 127,805 76,291 139,703 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 Oct 37,360 39,391 35,672 40,300 47,335 42,874 YTD thru October 178,297 183,467 176,343 191,875 211,117 204,930 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 Oct 18,611 20,195 23,028 20,975 22,234 21,395 YTD thru October 76,144 81,578 82,539 85,315 88,074 84,119 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