December 2020 Monthly Financial Report PREPARED BY Financial Accounting & Reporting Division December 31, 2020 To the Mayor and City Council: This is the City's Financial Report for December, the sixth 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 February 2, 2021 CITY AUDITOR REPORT To the Chief Financial Officer, We have assessed the Finance Department’s (Finance) December 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 December 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 Monitor and Consider Taking Action 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. December 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 December YTD Annual % of Annual Expenditures Expenditures * Expenditures 567,986 1,105,361 51.4% 604,752 1,177,280 51.4% 624,602 1,214,362 51.4% 685,497 1,282,831 53.4% 697,112 1,388,617 50.2% * - 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 December December 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 December are 1.7% higher than the same period in fiscal year 2019-20. 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 December YTD Annual % of Annual Expenditures Expenditures * Expenditures 57,725 106,754 54.1% 63,353 110,408 57.4% 63,902 114,393 55.9% 74,890 123,100 60.8% 78,917 152,890 51.6% * - 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 December YTD December 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 December are 5.4% higher 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 December General Fund YTD Expenditures (Dollars in Thousands) Refer to detailed financial schedules pages 22 thru 34 Criminal Justice Criminal Justice December YTD Annual % of Annual Expenditures Expenditures * Expenditures 15,623 31,595 49.4% 16,473 32,232 51.1% 17,180 33,387 51.5% 17,910 35,033 51.1% 18,114 37,541 48.3% $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 December 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 December are 1.1% 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 December YTD Annual % of Annual Expenditures Expenditures * Expenditures 393,507 764,482 51.5% 410,390 817,960 50.2% 426,821 841,467 50.7% 464,072 893,403 51.9% 477,436 944,681 50.5% $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 December YTD Expenditures $800,000 $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 December, general fund public safety expenditures are 2.9% 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 December General Fund YTD Expenditures (Dollars in Thousands) Refer to detailed financial schedules pages 22 thru 34 Transportation Community Development Transportation December YTD Annual % of Annual Expenditures Expenditures * Expenditures 9,165 17,878 51.3% 10,818 16,366 66.1% 10,853 18,337 59.2% 11,403 19,748 57.7% 13,351 20,762 64.3% $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 Monitor and Consider Taking Action $1 Series1 December 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 December, General fund transportation expenditures are 17.1% higher than the same period in the prior fiscal year. Fiscal year 2020-21 expenditures can be higher due to receiving additional revenue through the Coronavirus relief funds. Community Development 16-17 17-18 18-19 19-20 20-21 December YTD Annual % of Annual Expenditures Expenditures * Expenditures 9,960 19,709 50.5% 10,902 20,243 53.9% 10,541 21,238 49.6% 12,000 22,542 53.2% 12,012 24,761 48.5% * - For prior years-total actual expenditures, for current year-total approved budget Community Development $30,000 December 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 December are 0.1% 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 December General Fund YTD Expenditures (Dollars in Thousands) Refer to detailed financial schedules pages 22 thru 34 Community Enrichment Community Enrichment December YTD Annual % of Annual Expenditures Expenditures * Expenditures 74,855 146,749 51.0% 78,977 156,325 50.5% 82,922 156,552 53.0% 88,255 155,417 56.8% 81,691 166,541 49.1% $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 December 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 7.2% increase over fiscal year 2019-20 actuals. Through December, general fund community enrichment expenditures are 7.4% 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 December YTD Annual % of Annual Expenditures Expenditures * Expenditures 5,565 12,775 43.6% 8,158 12,624 64.6% 8,901 16,886 52.7% 13,176 19,180 68.7% 11,944 18,799 63.5% * - For prior years-total actual expenditures, for current year-total approved budget Environmental Services $24,000 December 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 December, general fund environmental services expenditures are 9.4% 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. December 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 December YTD Annual % of Annual Expenditures Expenditures * Expenditures 1,702,284 3,468,589 49.1% 1,836,297 3,547,078 51.8% 2,035,726 3,775,464 53.9% 2,017,344 3,814,963 52.9% 2,063,371 4,639,964 44.5% * - 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 December 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 December are 2.3% higher than the same period in the prior fiscal year. General Government 16-17 17-18 18-19 19-20 20-21 December YTD Annual % of Annual Expenditures Expenditures * Expenditures 63,147 121,863 51.8% 72,936 134,117 54.4% 75,197 138,349 54.4% 85,510 157,200 54.4% 112,729 178,719 63.1% * - For prior years-total actual expenditures, for current year-total approved budget Monitor and Consider Taking Action General Government $200,000 December 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 December are 31.8% 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. Fiscal year 2020-21 expenditures can be higher due to receiving additional revenue through the Coronavirus relief funds. 5 December 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 December YTD Annual % of Annual Expenditures Expenditures * Expenditures 20,317 41,117 49.4% 19,584 38,411 51.0% 21,805 42,530 51.3% 22,554 44,425 50.8% 22,157 47,008 47.1% * - For prior years-total actual expenditures, for current year-total approved budget Criminal Justice $50,000 December YTD Expenditures $40,000 $30,000 Annual Expenditures * $20,000 $10,000 $0 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 1.8% lower through December 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 December YTD Annual % of Annual Expenditures Expenditures * Expenditures 462,271 908,553 50.9% 487,215 970,771 50.2% 515,450 1,025,513 50.3% 567,957 1,110,457 51.1% 581,532 1,165,317 49.9% * - 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 December 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 December are 2.4% 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 December 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 December YTD Annual % of Annual Expenditures Expenditures * Expenditures 387,257 642,850 60.2% 441,630 709,977 62.2% 467,776 722,667 64.7% 515,086 774,492 66.5% 436,656 952,224 45.9% * - 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 December 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 15.2% lower through December 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 December YTD Annual % of Annual Expenditures Expenditures * Expenditures 87,917 188,365 46.7% 102,486 203,096 50.5% 98,252 195,716 50.2% 104,753 229,793 45.6% 136,451 273,969 49.8% * - For prior years-total actual expenditures, for current year-total approved budget Monitor and Consider Taking Action Community Development $300,000 December 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 December are 30.3% 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. Fiscal year 2020-21 expenditures can be higher due to receiving additional revenue through the Coronavirus relief funds. 7 December 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 December YTD Annual % of Annual Expenditures Expenditures * Expenditures 149,636 292,983 51.1% 160,496 306,763 52.3% 168,347 317,465 53.0% 179,588 316,680 56.7% 197,867 365,384 54.2% * - 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 December 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 December are 10.2% higher than the same period in the prior fiscal year. The fiscal year 2020-21 budget anticipates an increase of 15.4% 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 December YTD Annual % of Annual Expenditures Expenditures * Expenditures 301,358 599,837 50.2% 321,859 696,244 46.2% 351,275 670,219 52.4% 358,510 692,524 51.8% 379,411 762,498 49.8% * - 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 December 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 5.8% higher through December 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 December 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 December YTD Annual % of Annual Expenditures Expenditures * Expenditures 68,848 137,205 50.2% 53,392 106,315 50.2% 58,317 116,634 50.0% 65,344 130,839 49.9% 66,144 132,332 50.0% $180,000 December 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 December are 1.2% 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) $ $ 345,880 $ 500,745 Discussion: 1,851,205 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 97,624 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) $ 16,452 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 $ 31,105 $20,000 $30,000 $40,000 $50,000 $60,000 20-21 (YTD) $ 1,365 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 $ 315,434 $ 33,536 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 2020-21 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 $ 602,396 $ 46,585 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 December 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 December YTD Revenues 538,712 567,499 601,823 636,391 753,782 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 49.2% 48.8% 49.3% 48.7% 57.6% * - 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 December are 18.4% 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 58,500 120,000 90,000 146,121 60,000 154,560 162,129 179,950 170,209 Primary 92,292 30,000 16-17 FY 16-17 17-18 18-19 19-20 20-21 YTD 20-21 Budget Total 237,142 249,995 263,781 277,764 150,792 293,545 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 89,520 105,871 19-20 Dec 51,488 25,018 30,444 23,612 38,512 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 92,292 58,500 179,950 113,594 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 December are 9.5% higher than the same period in the prior year. Actual local sales tax revenues through December are 11.7% 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 December state shared sales tax revenues are 14.3% 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 December 2020 are 12.7% 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 December 2020 are 6.5% lower than budget expectations for the period. Governmental Funds Revenues 3 Year Trend 400,000.00 350,000.00 300,000.00 2018-19 Actuals 2019-20 Actuals 250,000.00 200,000.00 150,000.00 100,000.00 50,000.00 July Aug Sept Oct Nov Dec Jan Feb Mar Apr May June 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 December 2020 are 37.3% lower than budget expectations for the period. August 2020 revenue decrease is also attributed to a multi-month COVID concession relief primarily for retail food and beverage and car rental companies. 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 December 2020 are 4.4% 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 30,000 25,000 20,000 20-21 Budget 15,000 20-21 Actuals 10,000 5,000 July Aug Sept Oct Nov Dec Jan Feb Mar Apr May June Year to Date Performance Status Better than Expected Wastewater revenues through December 2020 are 4.4% 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 DECEMBER 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 $ 272,947 $ 1,591 249,245 1,374 174,072 241,167 71,743 179,950 2,960 10,120 101,290 120,119 42,462 92,292 1,357 2,096 89,328 107,349 39,062 87,066 1,454 2,535 11,548 1,296 15,481 768 7,559 1,808 6,663 4,083 502 50,792 62 1,769 684 3,069 5,444 532 5,688 228 3,352 824 3,467 37,875 1,400 13,660 9,420 15,613 14,143 411 33,923 2,718 7,474 19,214 409 6,314 5,385 8,124 1,309,520 - 22 - $ 753,784 $ 636,392 General Fund Expenditures As of DECEMBER 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 $ 899 $ 1,914 2,342 30,827 1,329 1,094 11,870 1,320 2,632 6,183 2,225 14,154 2,127 78,916 812 1,932 1,990 26,898 1,203 1,103 11,697 1,594 2,639 6,132 2,137 14,525 2,229 74,890 Criminal Justice Municipal Court Public Defender Total Criminal Justice 32,160 5,380 37,540 15,697 2,418 18,115 15,334 2,576 17,910 Public Safety Police Fire Others Total Public Safety 591,932 352,507 242 944,681 297,941 179,204 291 477,436 290,021 173,870 181 464,072 Transportation Street Transportation Public Transit Total Transportation 18,976 1,786 20,762 9,132 4,219 13,351 9,763 1,640 11,403 Community Development Economic Development Neighborhood Services Department Planning and Development Others Total Community Development 6,251 14,033 4,308 169 24,761 2,788 6,876 2,249 99 12,012 3,005 7,113 1,817 65 12,000 Community Enrichment Parks and Recreation Library Human Services Others Total Community Enrichment 98,808 40,896 19,978 6,859 166,541 46,952 22,004 8,951 3,785 81,692 52,107 22,116 9,529 4,504 88,255 Environmental Services Public Works Environmental Programs Others Total Environmental Services 17,643 732 424 18,799 11,185 399 360 11,944 12,614 243 319 13,176 Capital Improvement 22,643 3,646 3,791 Vacancy Savings (18,600) - - Contingencies 55,596 - - 697,112 $ 685,497 Total Expenditures and Encumbrances $ 1,425,613 - 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 DECEMBER 31 (dollars in thousands) Source General Funds Local Taxes: Sales Taxes Privilege License Fees State Shared Taxes: State Sales Tax State Income Tax Vehicle License Tax Primary Property Tax Licenses and Permits Cable Communications Municipal Court Police Library Fees Parks and Recreation Planning & Development Street Transportation Fire Interest Other Fees and Service Charges $ 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 3,050 272,947 $ 1,591 249,245 1,374 174,072 241,167 71,743 179,950 2,960 10,120 12,844 15,481 768 7,559 1,808 6,663 52,935 9,420 15,613 101,290 120,119 42,462 92,292 1,357 2,096 4,585 50,792 62 1,769 684 3,069 48,477 2,718 7,474 89,328 107,349 39,062 87,066 1,454 2,535 5,976 5,688 228 3,352 824 3,467 25,937 5,385 8,124 1,309,520 753,784 636,392 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 21,837 57,798 19,330 3,501 131,891 146 43,524 3,785 5,919 71,058 6,057 2,604 10,512 104,432 60,818 17,734 47,660 18,870 2,401 142,486 1,228 45,072 4,534 10,147 72,031 21,368 7,989 6,880 62,288 56,892 1,692,894 543,213 517,581 425,915 87,381 479,782 249,814 175,132 131,807 25,620 286,536 131,112 88,298 198,124 39,782 256,619 127,345 73,607 1,418,024 663,373 695,478 4,420,438 - 24 - $ $ 1,960,370 $ 1,849,451 Citywide Operating Expenditures As of DECEMBER 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 78,916 $ 33,813 112,729 74,890 10,620 85,510 37,541 9,467 47,008 18,115 4,042 22,157 17,910 4,644 22,554 Public Safety General Funds Other Funds Total Public Safety 944,681 220,636 1,165,317 477,436 104,096 581,532 464,072 103,885 567,957 Transportation General Funds Other Funds Total Transportation 20,762 931,462 952,224 13,351 423,305 436,656 11,403 503,683 515,086 Community Development General Funds Other Funds Total Community Development 24,761 249,208 273,969 12,012 124,439 136,451 12,000 92,753 104,753 Community Enrichment General Funds Other Funds Total Community Enrichment 166,541 198,843 365,384 81,692 116,175 197,867 88,255 91,333 179,588 Environmental Services General Funds Other Funds Total Environmental Services 18,799 743,699 762,498 11,944 367,467 379,411 13,176 345,334 358,510 Debt Service General Funds Other Funds Total Debt Service 132,332 132,332 66,144 66,144 65,344 65,344 Capital Improvement General Funds Other Funds Total Capital Improvement 22,643 739,871 762,514 3,646 126,777 130,423 3,791 114,250 118,041 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 - - 1,425,613 3,319,847 5,020,460 697,112 1,366,258 2,063,370 $ $ 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 - 685,497 1,331,846 2,017,343 Citywide Detail Presents, in detail, the results of the City's operations for the current month and for the fiscal year-to-date. Included are breakdowns of the City's revenues, operating budget expenditures, capital budget expenditures and bonds authorized and sold. Citywide Operating Revenue by Source For the Month Ended DECEMBER 31 2020 2019 Budget Estimate 2020-2021 Source Actual Year-to-Date 2020-2021 2019-2020 General Funds $ 39,837,130 940,821 40,777,951 19,640,115 20,019,770 6,528,389 $ 51,642,113 1,046,508 Local Taxes: Sales Taxes Privilege License Fees $ 503,367,000 3,050,000 $ 272,947,079 1,591,364 $ 249,244,520 1,373,509 52,688,621 Total Local Taxes 506,417,000 274,538,443 250,618,029 12,120,639 17,891,435 5,891,112 State Shared Taxes: State Sales Tax State Income Tax Vehicle License Tax 174,072,000 241,167,000 71,743,000 101,290,098 120,118,619 42,461,719 89,328,191 107,348,607 39,062,284 46,188,274 35,903,186 486,982,000 263,870,436 235,739,082 23,781,541 14,677,849 Primary Property Tax 179,950,000 92,291,821 87,065,855 324,583 359,976 Licenses and Permits 2,960,000 1,356,758 1,453,995 0 0 Cable Communications 10,120,000 2,096,380 2,534,509 925,941 77,347 Municipal Court: Fines and Forfeitures Court Default Fee 11,548,248 1,296,000 4,082,575 501,808 5,443,800 531,821 627,468 57,881 685,349 1,003,288 443,059 1,746,100 Total State Shared Taxes Total Municipal Court Police 12,844,248 4,584,383 5,975,621 15,480,700 50,792,321 5,687,723 4,284 26,442 Library Fees 767,713 62,417 227,750 213,743 401,900 Parks and Recreation 7,559,338 1,768,962 3,352,469 116,968 132,837 Planning and Development 1,808,200 683,770 824,209 842,492 402,020 Street Transportation 6,662,600 3,068,754 3,466,593 2,411,836 64,350 788,384 3,763,444 67,075 868,313 Fire: Emergency Transportation Service Hazardous Materials Inspection Fee Other 37,875,000 1,400,000 13,659,600 14,142,533 411,200 33,922,788 19,213,609 408,675 6,314,309 52,934,600 48,476,521 25,936,593 9,420,000 2,717,928 5,385,168 3,264,570 4,698,832 398,700 1,023,516 Interest Total Fire 1,500,511 1,935,287 Other Fees and Service Charges 118,542,025 114,999,854 Total General Funds 26 15,612,775 7,474,149 8,123,725 1,309,519,174 753,783,043 636,391,321 Citywide Operating Revenue by Source (continued) For the Month Ended DECEMBER 31 2020 2019 Budget Estimate 2020-2021 Source Actual Year-to-Date 2020-2021 2019-2020 Special Revenue and Debt Service Funds $ 2,233,395 159,528 797,640 16,186 $ 3,206,749 5,104,900 1,276,225 19,223 2,541,566 181,540 907,702 65,046 Neighborhood Protection: Police Neighborhood Protection Police Blockwatch Fire Neighborhood Protection Interest/Other 3,695,854 Total Neighborhood Protection $ $ $ 7,150,040 2,274,072 49,545 3,323,437 $ 4,387,182 499,864 0 252,971 823 27,747 $ $ $ $ $ 339,226 0 178,862 (354) 9,567 6,400,348 9,473,657 781,405 21,969,776 866,748 $ $ 22,836,524 12,953,913 925,279 4,626,397 3,331,562 $ 12,119,652 865,689 4,328,447 420,542 37,176,000 21,837,151 17,734,330 72,595,000 23,277,000 606,510 36,056,255 11,353,815 10,388,160 35,597,955 11,764,935 296,910 96,478,510 57,798,230 47,659,800 Parks and Preserves 38,830,728 19,329,807 18,869,907 Golf Courses: Fees Coffee Shops Concessions Interest Other 3,948,300 0 2,054,000 1,540 269,816 2,056,734 0 1,220,425 7,452 216,727 1,387,500 0 829,411 1,028 183,181 6,273,656 3,501,338 2,401,120 24,810,997 4,349,515 Transit 2000 & 2050: Sales Taxes Interest/Other 249,230,000 43,467,791 126,441,542 5,449,041 118,216,116 24,269,771 292,697,791 131,890,583 142,485,887 Court Awards 5,759,602 146,251 1,228,170 Planning and Development 72,139,500 43,524,441 45,071,670 Capital Construction 8,539,000 3,785,314 4,534,161 Sports Facilities: Sales Taxes Interest/Other 20,558,000 4,411,906 4,791,453 1,127,279 8,711,759 1,435,714 24,969,906 5,918,732 10,147,473 $ 0 7,682,664 $ 4,756,415 827,520 $ 781,869 1,257,481 Total Public Safety Enhancement & Expansion $ Total Golf Courses 29,160,512 $ $ Public Safety Enhancement & Expansion Police Fire Interest/Other 25,578,000 1,827,000 9,134,000 637,000 527,301 128,303 1,200,893 56,588 $ 1,891,793 120,105 2,011,898 Total Transit 2000 & 2050 Total Sports Facilities 27 Citywide Operating Revenue by Source (continued) For the Month Ended DECEMBER 31 2020 2019 Source Budget Estimate 2020-2021 Actual Year-to-Date 2020-2021 2019-2020 145,124,000 1,000,000 160,000 70,645,810 405,691 5,764 70,202,252 978,008 851,005 146,284,000 71,057,265 72,031,265 Special Revenue and Debt Service Funds (Cont'd) $ 11,369,690 63,178 479 12,281,462 202,540 (8,600) 11,433,347 12,475,402 - $ - Highway User Revenue: Highway User Revenue Interest Other Total Highway User Revenue Local Transportation Assistance 0 0 0 1,276,301 9,986,539 Regional Transit Revenues 41,123,538 6,057,483 21,368,272 330,567 671,559 Community Reinvestment 5,987,227 2,604,087 7,989,022 7,711,355 (481,060) Other Restricted Fees 47,489,334 10,511,549 6,879,680 684,463 7,765,348 816,193 1,092,587 7,244,867 563,119 Grants: Public Housing: Rentals Grants Other 8,287,450 99,730,276 22,242,602 3,488,496 51,016,770 4,114,978 4,427,583 42,078,782 5,351,059 9,266,004 8,900,573 130,260,328 58,620,244 51,857,424 58,963,098 180,910,504 53,374,820 327,430,851 25,996,180 18,522,641 (653,068) 1,946,402 19,874,461 (16,643,142) (821,593) 8,021,074 7,742,633 16,224,080 6,890 800,432 11,251,837 459,860 (15,925) 2,882,643 $ Total Public Housing Other: Human Resources Federal Transit Administration Community Development Other 24,774,035 14,578,415 Total Other 620,679,273 45,812,155 10,430,800 34,040,039 23,478,988 Total Grants 750,939,601 104,432,399 62,288,224 14,729,084 2,310,729 8,933,904 1,721,371 113,594,000 4,611,597 58,499,573 2,318,516 55,169,546 1,722,121 17,039,813 10,655,275 118,205,597 60,818,089 56,891,667 118,275,853 111,581,391 1,692,893,990 543,212,719 517,580,648 116,487,500 295,282,200 2,424,900 5,293,420 2,697,600 3,729,600 0 40,047,495 79,574,205 1,329,930 7,162,405 1,533,379 1,437,676 721,819 56,037,725 133,539,195 4,064,911 (380,761) 1,522,911 1,713,788 1,626,147 425,915,220 131,806,909 198,123,916 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: 7,261,205 17,932,556 95,539 5,724,322 257,854 253,506 111,179 9,461,734 25,929,624 2,242,060 (1,696,584) 248,401 264,042 337,960 31,636,161 36,787,237 Sky Harbor: Airlines Concessions Interest Other Phoenix-Goodyear Phoenix-Deer Valley Phoenix-Customer Facility Charge Total Aviation 28 Citywide Operating Revenue by Source (continued) For the Month Ended DECEMBER 31 2020 2019 Budget Estimate 2020-2021 Source Actual Year-to-Date 2020-2021 2019-2020 Enterprise Funds (Cont'd) CONVENTION CENTER: $ 4,528,622 748,659 41,478 6,530,122 3,173,540 152,293 5,318,759 9,855,955 30,618,769 215,338 583,845 885,703 605,820 203,887 24,968 23,496,216 373,996 366,812 737,915 440,172 775,364 214,798 33,138,330 26,405,273 Excise Taxes Operating Revenue Interest Total Convention Center 60,050,000 25,831,300 1,500,000 23,372,966 1,978,922 268,548 27,665,370 11,423,620 693,166 87,381,300 25,620,436 39,782,156 449,675,316 5,500,000 5,310,000 7,878,000 4,100,000 5,690,000 1,628,668 275,058,600 1,293,142 4,274,469 4,598,688 2,819,639 1,222,335 (2,731,248) 240,284,372 2,290,297 3,060,930 3,429,606 2,601,882 3,502,898 1,449,311 479,781,984 286,535,625 256,619,296 WATER SYSTEM: $ Water Sales Water Service Fees Distribution Intergovernmental Development Fees Interest Other $ Total Water System WASTEWATER: 17,056,965 3,718,316 617,220 251,904 2,816,690 17,155,491 1,736,989 261,495 481,541 1,252,644 Sewer Service Charges Multi-City Development Fees Interest Other 207,876,578 17,561,000 4,000,000 5,456,000 14,920,801 104,091,127 11,151,512 2,679,090 1,555,815 11,634,681 102,906,450 10,224,331 2,294,955 2,328,577 9,590,635 24,461,095 20,888,160 Total Wastewater 249,814,379 131,112,225 127,344,948 160,206,000 9,970,500 18,000 4,937,029 76,685,009 5,858,675 168,191 5,585,751 66,657,285 4,088,416 437,055 2,424,478 175,131,529 88,297,626 73,607,234 1,418,024,412 663,372,821 695,477,550 $ 4,420,437,576 $ 1,960,368,583 SOLID WASTE: $ 12,812,004 991,189 25,956 3,808,345 11,159,888 607,919 76,234 399,513 17,637,494 12,243,554 112,191,839 106,180,179 349,009,717 $ 332,761,424 Collection Fees Landfill Fees Interest Other Total Solid Waste Total Enterprise Funds Total Operating Revenues 29 $ 1,849,449,519 Citywide Operating Expenditures by Program For the Month Ended DECEMBER 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 $ 133,338 $ 316,432 1,385,715 8,725,728 97,326 186,901 194,593 1,803,154 261,226 520,904 1,125,018 203,420 9,796 332,164 2,531,194 (693,368) 123,627 279,825 253,778 4,056,388 195,471 179,859 199,581 1,882,927 278,642 (232,198) 951,763 (267,137) 176,504 10,222 302,659 2,793,371 1,798,929 17,133,540 12,984,209 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 $ 912,819 1,913,936 4,685,425 48,617,459 935,559 1,343,741 1,317,336 12,777,593 1,320,448 2,631,823 7,828,705 1,273,367 61,640 2,224,927 25,949,479 (1,065,422) $ 812,363 1,931,920 1,966,085 33,206,604 1,036,223 1,252,345 1,269,613 12,460,550 1,594,041 2,638,762 6,800,328 1,229,029 71,781 2,136,978 15,981,374 1,122,016 $ 912,819 1,913,936 4,685,425 43,473,736 935,559 1,343,741 1,317,336 12,777,593 1,320,448 2,631,823 7,501,020 1,273,367 61,640 2,224,927 24,256,752 (1,065,422) 5,143,723 327,685 1,692,727 - 178,719,371 112,728,834 85,510,012 105,564,699 7,164,135 41,627,291 5,380,368 19,739,398 2,417,794 19,978,213 2,575,860 16,799,017 2,417,794 2,940,381 - 47,007,659 22,157,192 22,554,073 19,216,811 2,940,381 745,289,020 418,740,427 1,287,140 366,906,377 213,998,594 627,450 362,061,284 205,250,641 645,065 366,699,269 213,803,480 627,450 207,109 195,114 - 1,165,316,587 581,532,421 567,956,989 581,130,199 402,223 Criminal Justice 3,064,113 462,311 3,080,009 557,400 3,526,423 3,637,409 Municipal Court Public Defender Total Criminal Justice Public Safety 61,016,383 44,186,238 103,346 64,082,166 35,773,570 87,235 105,305,966 99,942,971 Police Fire Other Total Public Safety -30- Citywide Operating Expenditures by Program (continued) For the Month Ended DECEMBER 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 $ 6,489,671 989,802 27,157,296 7,493,734 42,130,502 $ 5,605,170 547,106 28,259,790 8,570,785 Street Transportation Street Lighting Aviation Public Transit 42,982,852 Total Transportation $ 99,257,160 9,859,530 556,005,818 287,100,994 $ 55,873,262 4,930,399 160,238,028 215,614,185 $ 54,151,296 5,617,338 176,483,780 278,833,867 $ 53,524,551 4,930,399 117,516,544 215,313,530 2,348,710 42,721,484 300,654 952,223,502 436,655,873 515,086,282 391,285,024 45,370,849 Community Development 5,751,852 12,568,599 2,523,738 13,039,375 5,195,160 7,523,389 2,053,340 3,346,747 Planning and Development Housing Economic Development Neighborhood Services Department 72,793,823 118,008,161 19,610,771 63,555,996 32,498,819 55,098,636 17,235,733 31,617,479 31,004,620 46,165,864 8,696,125 18,886,276 32,498,819 55,063,502 15,061,367 31,617,479 35,133 2,174,366 - 33,883,564 18,118,636 Total Community Development 273,968,751 136,450,667 104,752,885 134,241,168 2,209,500 115,089,734 41,958,307 76,518,471 21,161,884 100,582,945 5,411,601 4,661,018 56,786,791 22,987,447 40,577,030 5,562,215 63,554,597 3,765,186 4,633,906 60,436,112 22,441,218 42,683,137 3,623,593 43,962,752 3,985,046 2,456,420 56,695,575 22,987,447 30,315,916 63,530,515 3,765,186 4,633,906 91,215 10,261,115 5,562,215 24,083 - 365,383,960 197,867,173 179,588,280 181,928,545 15,938,628 Community Enrichment 7,397,765 2,746,750 3,845,063 971,921 11,620,728 220,255 637,895 7,705,624 2,613,647 4,131,915 1,082,504 8,085,827 81,840 183,751 27,440,376 23,885,107 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 DECEMBER 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 $ 40,055,312 15,629,605 11,610,159 3,203,779 233,834 69,478 70,802,168 $ 32,766,750 11,897,294 11,715,651 1,881,246 156,480 319,395 58,736,816 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 $ 190,738,914 91,877,040 75,998,308 17,309,245 3,048,761 439,076 $ 179,746,146 89,570,063 72,219,397 16,283,868 371,284 319,395 $ 124,097,084 56,726,960 69,092,838 13,909,140 3,048,761 439,076 66,641,831 35,150,080 6,905,470 3,400,104 112,097,485 762,498,089 379,411,344 358,510,153 267,313,859 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 8,462,268 2,115,893 401,007 3,912,265 269,488 350,775 3,315,777 1,235,870 7,762,461 3,525,386 380,684 9,961,329 4,816,952 2,565,534 738,716 13 471,000 10,208,683 5,478,799 10,575 160,715 1,713,850 5,701,813 3,047,093 344,925 3,543,000 304,988 5,195,939 1,087,841 6,793,756 3,614,368 1,753,698 9,084,732 5,150 3,391,952 2,476,129 1,249,791 12 649,000 8,022,133 3,734,562 3,075 3,626,465 8,462,268 2,115,893 401,007 3,912,265 269,488 350,775 3,315,777 1,235,870 7,762,461 3,525,386 380,684 9,961,329 4,816,952 2,565,534 738,716 13 471,000 10,208,683 5,478,799 10,575 160,715 - 66,144,188 - General Obligation Debt Service $ 1,410,378 352,649 66,834 652,044 44,915 552,630 205,978 1,293,744 587,564 63,447 1,660,221 802,825 427,589 123,119 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 1,514,122 858 565,325 412,688 208,298 133,167 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 10,965,566 10,915,710 Total Debt Service 132,331,884 66,144,188 65,344,271 58,568,250 32,253,827 Capital Improvement 762,514,438 130,422,829 118,041,419 Coronavirus Relief Fund 275,000,000 - Vacancy Savings (18,600,000) - - - Contingencies 124,096,000 - 303,457,536 - - - - - 369,756,357 - 5,020,460,241 2,063,370,521 -32- 2,017,344,363 1,746,824,493 186,123,199 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 42,702,275 30,601,087 37,379,470 600,000 21,160,664 9,485,000 10,043,300 93,146,645 14,498,000 11,016,000 1,142,978,622 7,324,952 296,491,298 $ 25,838,453 4,184,375 0 3,567,277 3,306,537 3,146,499 33,543 76,908 8,563,352 1,839,459 227,293,920 962,674 67,067,289 5,155 $ 6,158,077 3,798,798 0 324,160 5,458,612 2,261,659 250,315 2,131,980 7,509,056 1,305,150 20,095,957 3,202,350 91,327,378 166,700,631 152,284,744 $ 1,260,223 3,902,940 0 1,589,445 2,459,500 732,919 33,543 76,908 8,188,371 1,839,459 52,511,507 31,248,014 1,851,204,902 $ 345,880,285 $ 143,828,647 488,272,222 $ 103,842,829 $ $ 517,946,938 43,608,529 31,104,636 315,433,597 602,395,884 1,510,489,584 $ $ 97,623,534 16,452,413 1,365,422 33,535,520 46,584,786 195,561,674 $ 3,361,694,486 $ 541,441,959 - $ 10,495,105 15,242,235 10,330,000 25,263,569 6,966,000 955,000 9,990,000 75,546,938 14,498,000 2020-2021 Year-to-Date Capital Amounts From Capital Funds Budget Actual $ $ $ 180,203,540 37,469,618 3,514,945 31,766,351 90,931,569 343,886,023 $ 487,714,669 - 33 - 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 $ $ $ $ 2,583,217 2,554,947 1,226,625 4,018,347 16,196,863 26,580,000 $ 762,514,438 $ 130,422,829 $ $ 24,578,230 281,436 1,977,832 847,037 2,413,580 374,980 174,782,413 962,674 35,819,274 1,362,932,680 $ 125,596,593 17,617,018 9,345,309 32,033,000 89,650,296 274,242,216 Unencumbered Budget 242,037,456 $ $ 392,350,345 25,991,511 21,759,327 283,400,597 512,745,588 1,236,247,368 $ 2,599,180,048 902,484 107,036,652 38,517,900 (0) 27,033,810 34,072,933 600,000 18,014,165 9,451,457 9,966,392 84,583,293 12,658,541 11,016,000 915,684,702 6,362,278 229,424,009 $ 1,505,324,617 $ $ 95,040,317 13,897,466 138,796 29,517,173 30,387,923 168,981,675 $ 420,323,404 27,156,116 29,739,214 281,898,077 555,811,098 1,314,927,910 $ 411,019,131 $ 2,820,252,527 Bonds Authorized and Sold As of DECEMBER 31 (dollars in thousands) Authorized Sold Available 1988 Authorizations General Obligation Bonds Freeway Mitigation, Neighborhood Stabilization, and Slum and Blight Elimination $ Bonds Fully Issued 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 Dec Nov 32,023 31,868 33,971 40,325 52,188 37,519 Jan Dec 35,135 33,857 53,513 51,643 39,837 47,283 YTD thru December 212,632 203,004 234,790 249,245 272,947 244,268 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 - Feb 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 Nov 11,443 13,678 15,747 16,443 13,095 15,662 Jan Feb YTD thru Dec December 11,913 68,506 13,707 79,942 14,902 86,632 12,120 89,328 19,640 101,290 14,386 88,655 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 - Mar Apr May June 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 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 Nov 4,242 4,904 4,886 5,408 4,608 5,183 Dec 4,826 5,741 5,800 5,891 6,529 5,935 YTD thru December 29,200 35,305 37,731 39,062 42,462 37,674 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 Nov 212,320 226,848 247,632 269,127 298,362 300,608 Dec Dec 218,635 192,262 221,971 226,582 236,818 273,368 Jan YTD thru December 1,044,999 1,068,914 1,119,825 1,153,972 1,296,995 1,387,874 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 - Feb Jan 173,436 187,522 170,844 209,806 235,306 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 Oct 28,339 29,291 31,719 32,056 21,045 34,519 Nov 30,504 21,702 32,312 33,532 23,880 33,565 YTD thru Dec December 24,926 171,140 38,212 180,721 30,496 189,828 36,787 198,124 31,636 131,807 37,082 210,350 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 - Mar Apr Jan 28,532 32,543 31,205 34,297 35,990 Feb 28,901 30,671 32,944 34,215 36,033 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 Nov 34,083 38,890 31,619 38,339 42,280 40,125 Dec 26,073 27,184 25,048 26,405 33,139 29,396 YTD thru December 238,453 249,541 233,010 256,619 286,536 274,451 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 Oct 18,611 20,195 23,028 20,975 22,234 21,395 Nov 18,347 20,386 19,734 21,142 18,577 20,569 Jan Feb YTD thru Dec December 19,493 113,984 20,097 122,061 20,469 122,742 20,888 127,345 24,461 131,112 20,914 125,602 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 - Mar Apr May June 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 May 20,233 20,160 20,980 23,948 22,044 June 20,633 18,345 16,544 18,289 19,071