March 2021 Monthly Financial Report PREPARED BY Financial Accounting & Reporting Division April 26, 2021 CITY AUDITOR REPORT To the Chief Financial Officer, We have assessed the Finance Department’s (Finance) March 2021 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 March 31, 2021 To the Mayor and City Council: This is the City's Financial Report for March, the ninth 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 City of Phoenix Monthly Financial Report March 2021 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 Monitor and Consider Taking Action 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 Transportation 7 Better than Expected greater than 1% actual vs budget. Community Development 7 Expected Community Enrichment 8 Monitor and Consider Taking Action Environmental Services 8 Better than Expected General Obligation Debt Service 9 Expected Expected - Actual vs budget variance within 1% positive or negative. Monitor and Consider Taking Action - Negative 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. March 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 March YTD Annual % of Annual Expenditures Expenditures * Expenditures 838,278 1,105,361 75.8% 887,604 1,177,280 75.4% 912,740 1,214,362 75.2% 975,398 1,282,831 76.0% 1,013,794 1,388,617 73.0% * - 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 March YTD Expenditures March 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 March are 3.9% 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 March YTD Annual % of Annual Expenditures Expenditures * Expenditures 83,217 106,754 78.0% 87,347 110,408 79.1% 91,276 114,393 79.8% 103,440 123,100 84.0% 115,104 152,890 75.3% * - 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 March YTD Expenditures March 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 March are 11.3% 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 March General Fund YTD Expenditures (Dollars in Thousands) Refer to detailed financial schedules pages 22 thru 34 Criminal Justice Criminal Justice March YTD Annual % of Annual Expenditures Expenditures * Expenditures 23,140 31,595 73.2% 24,186 32,232 75.0% 25,192 33,387 75.5% 26,103 35,033 74.5% 26,376 37,541 70.3% $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 March 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 March are 1.0% 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 March YTD Annual % of Annual Expenditures Expenditures * Expenditures 584,418 764,482 76.4% 616,287 817,960 75.3% 631,910 841,467 75.1% 667,265 893,403 74.7% 687,120 944,681 72.7% $1,000,000 * - For prior years-total actual expenditures, for current year-total approved budget $0 16-17 17-18 18-19 19-20 20-21 $800,000 March 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 March, general fund public safety expenditures are 3.0% 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 March General Fund 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 March YTD Annual % of Annual Expenditures Expenditures * Expenditures 13,948 17,878 78.0% 13,797 16,366 84.3% 14,240 18,337 77.7% 16,198 19,748 82.0% 18,090 20,762 87.1% * - For prior years-total actual expenditures, for current year-total approved budget Monitor and Consider Taking Action Community Development Transportation $1 $30,000 $1 Series1 March YTD Expenditures $1 $20,000 $1 $0 $10,000 Annual Series2 Expenditures * $0 $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 March, General fund transportation expenditures are 11.7% 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 March YTD Annual % of Annual Expenditures Expenditures * Expenditures 14,626 19,709 74.2% 15,629 20,243 77.2% 16,072 21,238 75.7% 17,479 22,542 77.5% 18,109 24,761 73.1% * - For prior years-total actual expenditures, for current year-total approved budget Community Development $30,000 March 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 March are 3.6% 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 March General Fund YTD Expenditures (Dollars in Thousands) Refer to detailed financial schedules pages 22 thru 34 Community Enrichment Community Enrichment March YTD Annual % of Annual Expenditures Expenditures * Expenditures 107,675 146,749 73.4% 113,812 156,325 72.8% 116,186 156,552 74.2% 120,436 155,417 77.5% 112,581 166,541 67.6% $200,000 * - For prior years-total actual expenditures, for current year-total approved budget $0 16-17 17-18 18-19 19-20 20-21 March 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 March, general fund community enrichment expenditures are 6.5% 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 March YTD Annual % of Annual Expenditures Expenditures * Expenditures 9,109 12,775 71.3% 9,908 12,624 78.5% 12,949 16,886 76.7% 16,185 19,180 84.4% 16,950 18,799 90.2% * - For prior years-total actual expenditures, for current year-total approved budget Environmental Services $24,000 March YTD Expenditures $20,000 $16,000 $12,000 $8,000 Annual Expenditures * $4,000 $0 16-17 Monitor and Consider Taking Action 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 March, general fund environmental services expenditures are 4.7% higher 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. March 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 March YTD Annual % of Annual Expenditures Expenditures * Expenditures 2,494,911 3,468,589 71.9% 2,613,760 3,547,078 73.7% 2,927,854 3,775,464 77.5% 3,089,642 3,814,963 81.0% 3,061,390 4,639,965 66.0% * - 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 March YTD Expenditures $4,000,000 $3,000,000 $2,000,000 Annual Expenditures * $1,000,000 $0 16-17 Better than Expected 17-18 18-19 19-20 20-21 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 March are 0.9% lower than the same period in the prior fiscal year. General Government 16-17 17-18 18-19 19-20 20-21 March YTD Annual % of Annual Expenditures Expenditures * Expenditures 96,178 121,863 78.9% 102,997 134,117 76.8% 108,659 138,349 78.5% 120,362 157,200 76.6% 161,461 178,719 90.3% * - For prior years-total actual expenditures, for current year-total approved budget Monitor and Consider Taking Action General Government $200,000 March 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 March are 34.1% 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. Fiscal year 2020-21 expenditures can be higher due to receiving additional revenue through the Coronavirus relief funds. 5 March 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 March YTD Annual % of Annual Expenditures Expenditures * Expenditures 30,785 41,117 74.9% 28,679 38,411 74.7% 32,029 42,530 75.3% 33,075 44,425 74.5% 32,450 47,008 69.0% * - For prior years-total actual expenditures, for current year-total approved budget Criminal Justice $50,000 March 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 1.9% lower through March 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 March YTD Annual % of Annual Expenditures Expenditures * Expenditures 687,473 908,553 75.7% 731,851 970,771 75.4% 774,868 1,025,513 75.6% 829,834 1,110,457 74.7% 837,131 1,165,317 71.8% * - 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 March 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 March are 0.9% 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 March 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 Transportation March YTD Annual % of Annual Expenditures Expenditures * Expenditures 504,647 642,850 78.5% 567,900 709,977 80.0% 594,710 722,667 82.3% 669,884 774,492 86.5% 569,194 952,224 59.8% * - For prior years-total actual expenditures, for current year-total approved budget $1,000,000 $900,000 $800,000 $700,000 $600,000 $500,000 $400,000 $300,000 $200,000 $100,000 $0 March YTD Expenditure s Annual Expenditure s* 16-17 Better than Expected 17-18 18-19 19-20 20-21 Transportation expenditures include costs for Street lighting, maintenance and repair, Aviation and Public Transit. Citywide transportation expenditures are 15.0% lower through March 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 March YTD Annual % of Annual Expenditures Expenditures * Expenditures 141,761 188,365 75.3% 152,002 203,096 74.8% 144,458 195,716 73.8% 155,857 229,793 67.8% 184,852 273,619 67.6% * - For prior years-total actual expenditures, for current year-total approved budget Expected Community Development $300,000 March 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 March are 18.6% higher than the same period in the prior fiscal year. The fiscal year 2020-21 budget includes an increase of 19.1% 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 March 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 March YTD Annual % of Annual Expenditures Expenditures * Expenditures 214,841 292,983 73.3% 227,122 306,763 74.0% 238,049 317,465 75.0% 245,580 316,680 77.5% 293,721 365,384 80.4% * - 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 March YTD Expenditures Annual Expenditures * 16-17 17-18 18-19 19-20 20-21 Monitor and Consider Taking Action Community Enrichment expenditures include costs for Parks, Libraries, the Convention Center, Senior Centers and Community Centers. Citywide community enrichment expenditures through March are 19.6% 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. Fiscal year 2020-21 expenditures can be higher due to receiving additional revenue through the Coronavirus relief funds. Environmental Services 16-17 17-18 18-19 19-20 20-21 March YTD Annual % of Annual Expenditures Expenditures * Expenditures 442,226 599,837 73.7% 467,769 696,244 67.2% 533,678 670,219 79.6% 522,465 692,524 75.4% 548,358 765,498 71.6% * - 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 March 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 5.0% higher through March than the same period in the prior fiscal year. The fiscal year 2020-21 budget anticipates an increase of 10.5% 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 March 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 March YTD Annual % of Annual Expenditures Expenditures * Expenditures 103,057 137,205 75.1% 79,875 106,315 75.1% 87,475 116,634 75.0% 98,091 130,839 75.0% 99,041 132,332 74.8% * - For prior years-total actual expenditures, for current year-total approved budget net of credit for early redemption fund resources $180,000 March YTD Expenditures $120,000 $60,000 Annual Expenditures * $0 16-17 17-18 18-19 19-20 20-21 Expected General obligation debt service expenditures through March are 1.0% 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) $ $ 463,982 $ 500,745 Discussion: 1,852,095 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) $ $ 152,077 $ 254,523 517,947 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) $ 23,095 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) $ 3,551 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 $ 315,209 $ 47,450 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 $ 599,081 $102,787 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 March 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 March YTD Revenues 777,995 838,230 878,185 945,213 1,105,760 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 71.1% 72.1% 71.9% 72.3% 84.4% * - 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 March are 17.0% 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 70,620 120,000 90,000 60,000 146,121 154,560 162,129 16-17 17-18 18-19 179,950 170,209 Primary 111,848 30,000 - FY 16-17 17-18 18-19 19-20 20-21 YTD 20-21 Budget Total 237,142 249,995 263,781 277,764 182,468 293,545 July (1,004) (1,054) (1,049) (1,141) (1,619) (1,203) Aug 454 (395) 688 1,081 1,541 510 Sept 773 891 980 647 1,288 934 Oct 12,067 16,220 12,601 11,579 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 15,608 14,218 Feb 4,033 7,020 5,422 7,447 6,612 7,376 20-21 Budget Mar 6,593 8,086 8,130 8,185 9,456 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 95,435 162,129 101,652 170,209 107,555 111,848 70,620 179,950 113,594 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 March are 7.3% higher than the same period in the prior year. Actual local sales tax revenues through March are 12.0% higher than budget expectations. Local Sales Tax 3 Year Trend 70,000 60,000 50,000 18-19 Actuals 40,000 19-20 Actuals 30,000 20-21 Actuals 20,000 10,000 July Aug Sept Oct Nov Dec Jan Feb Mar Apr May June Fiscal year 2019-20 local sales tax revenues were 2.5% higher than the prior year. This follows increases of 10.5% and 2.8% in the two previous years. Click Here for Additional Information - 15 - State Sales Tax Revenues (Dollars in Thousands) Refer to detailed financial schedules pages 22 thru 34 State Sales Tax Budget vs Actual 25,000 20,000 15,000 20-21 Actuals 10,000 20-21 Budget 5,000 July Aug Sept Oct Nov Dec Jan Feb Mar Apr May June Year to Date Performance Status Better than Expected The fiscal year 2020-21 budget includes an increase of 1.2% in state shared sales tax over fiscal year 2019-20 actuals. Through March state shared sales tax revenues are 9.7% 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 March 2021 are 10.0% 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 March 2021 are 5.3% 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 250,000.00 200,000.00 2019-20 Actuals 150,000.00 2020-21 Actuals 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 70,000 60,000 50,000 20-21 Actuals 40,000 20-21 Budget 30,000 20,000 10,000 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 March 2021 are 25.7% 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. February 2021 includes $40.2M in Federal Grants. Aviation 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 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 March 2021 are 5.0% 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 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 March 2021 are 3.7% 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 MARCH 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 $ 411,419 $ 2,590 383,420 2,244 174,072 241,167 71,743 179,950 2,960 10,120 147,032 180,178 61,769 111,848 2,043 4,556 136,760 161,023 58,064 105,926 2,205 5,110 11,548 1,296 15,481 768 7,559 1,808 6,663 6,575 893 75,807 129 2,614 1,142 6,184 8,208 893 10,965 329 4,775 1,272 4,329 37,875 1,400 13,660 9,420 15,613 25,676 871 49,550 3,868 11,016 30,051 892 9,325 7,947 11,477 1,309,520 - 22 - $ 1,105,760 $ 945,215 General Fund Expenditures As of MARCH 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 $ 1,353 $ 2,857 6,579 39,347 1,970 1,690 18,121 1,997 4,467 9,602 3,137 22,407 1,577 115,104 1,200 2,883 2,798 35,357 1,788 1,635 17,133 2,184 3,698 8,926 2,999 20,440 2,399 103,440 Criminal Justice Municipal Court Public Defender Total Criminal Justice 32,161 5,380 37,541 22,800 3,576 26,376 22,295 3,808 26,103 Public Safety Police Fire Others Total Public Safety 591,932 352,507 242 944,681 427,238 259,931 (49) 687,120 416,037 251,211 17 667,265 Transportation Street Transportation Public Transit Total Transportation 18,976 1,786 20,762 13,872 4,218 18,090 14,558 1,640 16,198 Community Development Economic Development Neighborhood Services Department Planning and Development Others Total Community Development 6,251 14,033 4,308 169 24,761 4,702 9,989 3,147 271 18,109 4,090 10,535 2,745 109 17,479 Community Enrichment Parks and Recreation Library Human Services Others Total Community Enrichment 98,808 40,896 19,978 6,859 166,541 64,366 29,452 14,043 4,720 112,581 71,133 30,177 13,874 5,252 120,436 Environmental Services Public Works Environmental Programs Others Total Environmental Services 17,643 732 424 18,799 15,926 497 527 16,950 15,297 388 500 16,185 Capital Improvement 22,643 19,464 8,292 Vacancy Savings (18,600) - - Contingencies 55,596 - - Total Expenditures and Encumbrances $ 1,425,614 - 23 - $ 1,013,794 $ 975,398 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 MARCH 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 3,050 411,419 $ 2,590 383,420 2,244 174,072 241,167 71,743 179,950 2,960 10,120 12,844 15,481 768 7,559 1,808 6,663 52,935 9,420 15,613 147,032 180,178 61,769 111,848 2,043 4,556 7,468 75,807 129 2,614 1,142 6,184 76,096 3,868 11,016 136,760 161,023 58,064 105,926 2,205 5,110 9,101 10,965 329 4,775 1,272 4,329 40,268 7,947 11,477 1,309,520 1,105,759 945,214 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 33,229 87,461 30,005 6,621 203,775 146 59,830 5,316 9,024 108,331 12,798 5,335 13,363 210,873 72,939 27,753 72,148 29,394 4,940 222,008 3,094 63,303 6,791 17,038 107,901 31,247 8,282 11,147 149,563 68,539 1,692,894 859,045 823,147 425,915 87,381 479,782 249,814 175,132 237,230 38,365 368,718 195,651 136,409 300,864 63,270 332,453 191,994 110,347 1,418,024 976,373 998,927 4,420,438 - 24 - $ $ 2,941,176 $ 2,767,288 Citywide Operating Expenditures As of MARCH 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 115,104 $ 46,357 161,461 103,440 16,922 120,362 37,541 9,467 47,008 26,376 6,074 32,450 26,103 6,972 33,075 Public Safety General Funds Other Funds Total Public Safety 944,681 220,636 1,165,317 687,120 150,011 837,131 667,265 162,569 829,834 Transportation General Funds Other Funds Total Transportation 20,762 931,462 952,224 18,090 551,104 569,194 16,198 653,686 669,884 Community Development General Funds Other Funds Total Community Development 24,761 248,858 273,619 18,109 166,743 184,852 17,479 138,378 155,857 Community Enrichment General Funds Other Funds Total Community Enrichment 166,541 198,843 365,384 112,581 181,140 293,721 120,436 125,144 245,580 Environmental Services General Funds Other Funds Total Environmental Services 18,799 746,699 765,498 16,950 531,408 548,358 16,185 506,280 522,465 Debt Service General Funds Other Funds Total Debt Service 132,332 132,332 99,041 99,041 98,091 98,091 Capital Improvement General Funds Other Funds Total Capital Improvement 22,643 737,221 759,864 19,464 315,718 335,182 8,292 406,202 414,494 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 5,020,461 1,013,794 2,047,596 3,061,390 $ $ 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 - 975,398 2,114,244 3,089,642 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 MARCH 31 2021 2020 Budget Estimate 2020-2021 Source Actual Year-to-Date 2020-2021 2019-2020 General Funds $ 63,748,802 188,837 63,937,639 $ 61,092,363 162,783 Local Taxes: Sales Taxes Privilege License Fees $ 503,367,000 3,050,000 $ 411,418,550 2,590,093 $ 383,419,611 2,244,125 61,255,146 Total Local Taxes 506,417,000 414,008,643 385,663,736 15,877,993 20,019,770 6,410,462 12,284,545 17,891,435 5,959,494 State Shared Taxes: State Sales Tax State Income Tax Vehicle License Tax 174,072,000 241,167,000 71,743,000 147,032,254 180,177,929 61,768,766 136,759,877 161,022,910 58,063,935 42,308,225 36,135,474 5,807,143 5,026,596 326,535 283,060 0 0 764,351 126,171 Municipal Court: Fines and Forfeitures Court Default Fee 1,089,323 208,325 1,297,648 890,522 20,884,232 1,510,090 486,982,000 388,978,949 355,846,722 Primary Property Tax Total State Shared Taxes 179,950,000 111,847,977 105,925,693 Licenses and Permits 2,960,000 2,043,306 2,204,931 Cable Communications 10,120,000 4,555,784 5,109,853 11,548,248 1,296,000 6,574,916 892,796 8,208,107 893,042 Total Municipal Court Police 12,844,248 7,467,712 9,101,149 15,480,700 75,806,657 10,965,008 4,165 31,878 Library Fees 767,713 129,213 329,148 247,488 321,939 Parks and Recreation 7,559,338 2,614,498 4,774,563 187,270 133,626 Planning and Development 1,808,200 1,141,747 1,272,451 757,141 481,941 Street Transportation 6,662,600 6,183,835 4,328,536 Fire: Emergency Transportation Service Hazardous Materials Inspection Fee Other 37,875,000 1,400,000 13,659,600 25,675,897 870,500 49,549,847 30,050,953 891,625 9,325,253 52,934,600 76,096,244 40,267,831 9,420,000 3,868,335 7,946,528 5,084,169 311,250 12,116,052 4,281,849 324,800 342,010 17,511,471 4,948,659 355,781 799,929 1,492,987 1,223,506 155,117,725 113,042,366 Total Fire Interest Other Fees and Service Charges Total General Funds 26 15,612,775 11,015,926 11,477,492 1,309,519,174 1,105,758,826 945,213,641 Citywide Operating Revenue by Source (continued) For the Month Ended MARCH 31 2021 2020 Budget Estimate 2020-2021 Source Actual Year-to-Date 2020-2021 2019-2020 Special Revenue and Debt Service Funds $ 3,135,212 223,944 1,119,719 1,295,044 $ 5,773,919 8,307,256 2,490,908 4,337,444 $ $ $ 15,135,608 2,919,941 208,568 1,042,835 29,584 Neighborhood Protection: Police Neighborhood Protection Police Blockwatch Fire Neighborhood Protection Interest/Other 4,200,928 Total Neighborhood Protection 7,879,221 2,407,128 18,161 10,304,510 4,785,727 $ 4,365,418 799,448 0 337,445 1,431 52,186 $ $ $ $ $ 571,167 0 241,358 641 38,191 1,190,510 30,655,168 914,882 $ $ 31,570,050 $ Public Safety Enhancement & Expansion Police Fire Interest/Other Total Public Safety Enhancement & Expansion 25,578,000 1,827,000 9,134,000 637,000 $ 20,002,057 1,428,719 7,143,592 4,654,641 $ 19,060,001 1,361,429 6,807,143 524,559 37,176,000 33,229,009 27,753,132 72,595,000 23,277,000 606,510 55,364,124 17,341,282 14,755,306 54,299,914 17,470,453 377,571 96,478,510 87,460,712 72,147,938 Parks and Preserves 38,830,728 30,004,775 29,394,172 Golf Courses: Fees Coffee Shops Concessions Interest Other 3,948,300 0 2,054,000 1,540 269,816 4,143,398 0 2,116,122 11,255 350,147 3,100,001 0 1,575,608 2,010 262,611 851,357 Total Golf Courses 6,273,656 6,620,922 4,940,230 28,556,423 3,644,228 Transit 2000 & 2050: Sales Taxes Interest/Other 249,230,000 43,467,791 195,199,345 8,575,290 185,968,072 36,039,780 292,697,791 203,774,635 222,007,852 Court Awards 5,759,602 146,251 3,093,716 32,200,651 Total Transit 2000 & 2050 0 $ 60,546 5,518,645 $ 5,581,980 Planning and Development 72,139,500 59,829,769 63,303,225 878,570 $ 1,356,782 Capital Construction 8,539,000 5,315,933 6,790,950 3,076,081 87,461 Sports Facilities: Sales Taxes Interest/Other 20,558,000 4,411,906 7,760,092 1,264,297 14,918,222 2,119,808 24,969,906 9,024,389 17,038,030 1,627,442 43,379 1,670,821 $ $ 3,163,542 Total Sports Facilities 27 Citywide Operating Revenue by Source (continued) For the Month Ended MARCH 31 2021 2020 Source Budget Estimate 2020-2021 Actual Year-to-Date 2020-2021 2019-2020 145,124,000 1,000,000 160,000 107,672,870 569,906 88,043 105,566,917 1,473,853 860,105 146,284,000 108,330,819 107,900,875 Special Revenue and Debt Service Funds (Cont'd) $ 11,548,266 54,304 80,000 11,726,525 151,723 9,100 11,682,570 11,887,348 - $ - Highway User Revenue: Highway User Revenue Interest Other Total Highway User Revenue Local Transportation Assistance 0 0 0 1,269,397 1,587,116 Regional Transit Revenues 41,123,538 12,797,740 31,246,883 2,614,552 57,643 Community Reinvestment 5,987,227 5,334,530 8,281,543 (3,450,529) (4,376,583) Other Restricted Fees 47,489,334 13,363,248 11,146,698 681,161 7,399,498 2,102,452 785,702 6,402,793 7,219,623 Grants: Public Housing: Rentals Grants Other 8,287,450 99,730,276 22,242,602 5,391,414 73,571,784 7,088,038 6,273,240 62,847,372 14,642,665 10,183,111 14,408,118 130,260,328 86,051,236 83,763,277 58,963,098 180,910,504 53,374,820 327,430,851 41,038,832 70,723,391 (437,021) 13,496,543 36,277,202 5,114,512 6,650,437 17,757,507 5,500,033 15,479,277 147,039 3,728,615 3,777,338 5,246,010 3,741,516 2,907,206 $ Total Public Housing Other: Human Resources Federal Transit Administration Community Development Other 24,854,964 15,672,070 Total Other 620,679,273 124,821,745 65,799,658 35,038,075 30,080,188 Total Grants 750,939,601 210,872,981 149,562,935 3,648,514 0 3,157,869 0 113,594,000 4,611,597 70,620,010 2,318,516 66,816,762 1,722,121 3,648,514 3,157,869 118,205,597 72,938,526 68,538,883 117,326,429 104,479,295 1,692,893,990 859,044,239 823,147,062 116,487,500 295,282,200 2,424,900 5,293,420 2,697,600 3,729,600 0 62,102,480 119,234,969 1,845,839 48,296,725 2,276,814 2,473,165 999,539 85,352,061 202,721,945 4,877,156 672,417 2,221,716 2,601,770 2,416,894 425,915,220 237,229,531 300,863,959 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: 7,100,371 17,371,972 182,403 211,829 249,153 280,440 90,559 9,607,925 23,101,166 537,698 190,470 225,533 325,920 239,651 25,486,727 34,228,363 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 MARCH 31 2021 2020 Budget Estimate 2020-2021 Source Actual Year-to-Date 2020-2021 2019-2020 Enterprise Funds (Cont'd) CONVENTION CENTER: $ 6,250,269 120,217 30,383 7,422,033 2,586,288 107,377 6,400,869 10,115,698 24,054,654 192,662 582,048 813,217 564,360 166,029 2,041,922 21,769,342 346,616 602,497 665,480 468,600 455,480 553,027 28,414,892 24,861,042 Excise Taxes Operating Revenue Interest Total Convention Center 60,050,000 25,831,300 1,500,000 35,790,772 2,212,286 362,417 44,000,000 18,242,974 1,026,640 87,381,300 38,365,475 63,269,614 449,675,316 5,500,000 5,310,000 7,878,000 4,100,000 5,690,000 1,628,668 348,172,094 1,843,181 5,996,259 6,747,439 4,339,139 1,736,653 (116,801) 306,323,589 3,605,215 4,744,033 5,199,848 4,437,702 5,120,641 3,021,675 479,781,984 368,717,964 332,452,703 WATER SYSTEM: $ Water Sales Water Service Fees Distribution Intergovernmental Development Fees Interest Other $ Total Water System WASTEWATER: 16,204,847 1,381,674 542,040 191,141 3,434,203 17,108,283 1,704,764 449,100 313,044 2,037,431 Sewer Service Charges Multi-City Development Fees Interest Other 207,876,578 17,561,000 4,000,000 5,456,000 14,920,801 154,911,576 16,237,369 4,149,780 2,203,278 18,148,878 154,223,655 15,225,489 4,120,140 3,470,222 14,954,450 21,753,905 21,612,622 Total Wastewater 249,814,379 195,650,881 191,993,956 160,206,000 9,970,500 18,000 4,937,029 118,505,149 8,758,707 234,193 8,911,105 100,162,245 6,264,686 607,260 3,312,924 175,131,529 136,409,154 110,347,115 1,418,024,412 976,373,005 998,927,347 $ 4,420,437,576 $ 2,941,176,070 SOLID WASTE: $ 13,440,864 1,166,811 21,925 1,577,233 11,179,962 596,669 50,235 280,896 16,206,833 12,107,762 98,263,226 102,925,487 370,707,380 $ 320,447,148 Collection Fees Landfill Fees Interest Other Total Solid Waste Total Enterprise Funds Total Operating Revenues 29 $ 2,767,288,050 Citywide Operating Expenditures by Program For the Month Ended MARCH 31 2021 2020 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 $ 189,053 $ 341,761 2,114,166 7,186,427 76,081 241,566 250,444 2,440,914 194,303 548,217 1,901,000 (1,096,710) 11,618 324,828 3,037,459 1,782,126 121,369 309,888 284,631 7,079,488 231,213 194,975 246,791 1,873,912 203,970 446,877 1,148,579 185,457 (24,506) 220,080 4,519,107 955,116 19,543,253 17,996,945 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 $ 1,367,595 2,857,045 8,844,080 59,467,550 1,202,792 1,992,503 1,982,733 19,340,977 1,997,304 4,467,707 16,249,814 520,637 97,329 3,136,816 34,793,200 3,142,436 $ 1,200,289 2,882,770 2,866,660 44,821,660 1,968,522 1,837,804 1,910,460 18,223,297 2,183,627 3,698,155 9,883,141 735,841 67,795 2,998,693 22,678,734 2,404,784 $ 1,367,595 2,857,045 8,844,080 51,745,853 1,202,792 1,992,503 1,982,733 19,340,977 1,997,304 4,467,707 15,761,832 520,637 97,329 3,136,816 31,969,141 3,142,436 7,721,698 487,981 2,824,059 - 178,719,371 161,460,518 120,362,230 150,426,779 11,033,738 41,627,291 5,380,368 28,873,620 3,576,081 29,266,948 3,808,371 24,468,185 3,576,081 4,405,435 - 47,007,659 32,449,701 33,075,319 28,044,266 4,405,435 745,289,020 418,740,427 1,287,140 529,639,430 307,106,233 385,572 533,204,506 295,956,843 672,373 529,339,224 306,818,195 385,572 300,206 288,039 - 1,165,316,587 837,131,235 829,833,722 836,542,990 588,244 Criminal Justice 3,262,927 395,020 3,010,732 423,216 3,657,947 3,433,948 Municipal Court Public Defender Total Criminal Justice Public Safety 59,816,751 32,705,642 71,408 55,426,014 27,614,904 129,075 92,593,801 83,169,993 Police Fire Other Total Public Safety -30- Citywide Operating Expenditures by Program (continued) For the Month Ended MARCH 31 2021 2020 Budget Estimate 2020-2021 Program 2020-2021 Year-to-Date Operating Expenditures & Encumbrances Capital Operations and Debt Actual Year-to-Date 2020-2021 2019-2020 Transportation $ 7,232,323 642,705 25,882,071 3,179,569 36,936,667 $ 6,459,525 574,359 29,379,638 23,825,227 Street Transportation Street Lighting Aviation Public Transit 60,238,749 Total Transportation $ 99,257,160 9,859,530 556,005,818 287,100,994 $ 73,943,916 6,266,192 263,643,145 225,340,886 $ 75,317,084 7,139,624 264,435,844 322,991,299 $ 70,452,169 6,266,192 175,662,567 224,913,212 3,491,747 87,980,578 427,673 952,223,502 569,194,138 669,883,851 477,294,140 91,899,998 Community Development 5,840,586 (2,014,566) 1,171,508 2,588,106 4,579,638 7,587,030 1,455,438 2,290,928 Planning and Development Housing Economic Development Neighborhood Services Department 72,793,823 117,658,340 19,610,771 63,555,996 48,314,152 77,539,243 20,416,867 38,581,313 47,030,057 69,596,632 12,339,187 26,891,025 48,314,152 77,486,543 17,230,085 38,581,313 52,700 3,186,782 - 7,585,634 15,913,034 Total Community Development 273,618,930 184,851,575 155,856,899 181,612,093 3,239,482 115,089,734 41,958,307 76,518,471 21,161,884 100,582,945 5,411,601 4,661,018 77,638,723 30,528,003 51,116,718 8,864,899 116,204,389 3,755,050 5,612,792 83,206,419 30,663,537 55,457,855 5,148,247 63,573,485 4,334,260 3,196,098 77,505,143 30,528,003 35,667,076 116,168,861 3,755,050 5,612,792 133,581 15,449,642 8,864,899 35,528 - 365,383,960 293,720,574 245,579,900 269,236,924 24,483,650 Community Enrichment 7,893,993 3,025,035 3,323,501 1,100,895 35,449,752 (103,778) 217,831 7,583,440 2,402,204 4,545,081 508,218 5,856,273 180,377 261,773 50,907,228 21,337,366 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 MARCH 31 2021 2020 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 $ 32,393,122 $ 16,666,582 13,756,672 (3,679,959) 300,450 75,410 26,759,155 13,192,418 11,085,733 371,290 132,400 69,800 59,512,276 51,610,796 Water System Wastewater Solid Waste Management Public Works Environmental Programs Manager's Office of Sustainability Total Environmental Services $ 375,988,397 185,327,134 174,710,966 27,366,209 1,449,105 656,278 $ 272,381,285 134,351,078 114,101,744 23,798,282 3,077,823 648,172 $ 258,038,366 131,305,333 111,072,484 20,772,203 776,799 500,103 $ 172,418,556 81,627,363 103,631,399 18,610,138 3,077,823 648,172 99,962,729 52,723,715 10,470,345 5,188,144 168,344,934 765,498,089 548,358,384 522,465,288 380,013,450 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 12,693,402 3,173,840 601,510 5,868,397 404,231 350,775 4,973,666 1,853,805 11,643,692 5,288,079 571,027 14,941,994 7,225,428 3,848,301 1,108,074 13 706,500 15,313,024 8,218,198 15,863 241,072 2,570,775 8,552,719 4,570,639 517,388 5,314,499 457,481 7,793,908 1,631,762 10,190,634 5,421,553 2,630,547 13,627,098 7,725 5,087,928 3,714,193 1,874,686 12 1,048,500 12,033,199 5,601,844 4,613 5,439,697 12,693,402 3,173,840 601,510 5,868,397 404,231 350,775 4,973,666 1,853,805 11,643,692 5,288,079 571,027 14,941,994 7,225,428 3,848,301 1,108,074 13 706,500 15,313,024 8,218,198 15,863 241,072 - 99,040,888 - 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 1,660,222 802,825 427,589 123,119 78,500 1,701,447 913,133 1,763 26,786 $ 285,642 950,302 507,849 57,488 590,500 50,831 865,990 181,307 1,132,293 602,395 292,283 1,514,122 858 565,325 412,688 208,298 133,167 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 10,965,567 10,915,710 Total Debt Service 132,331,884 99,040,888 98,091,401 130,147,864 36,029,410 Capital Improvement 759,864,259 335,182,278 414,494,479 Coronavirus Relief Fund 275,000,000 - Vacancy Savings (18,600,000) - - - Contingencies 124,096,000 - 300,645,952 - - - - - 411,850,237 - 5,020,460,241 3,061,389,291 -32- 3,089,643,090 2,422,211,532 303,995,481 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 44,057,744 30,601,087 37,729,291 600,000 21,160,664 9,485,000 10,043,300 93,146,645 13,778,000 11,016,000 1,142,978,622 7,324,952 296,395,829 $ 48,742,542 6,271,331 (0) 4,065,499 14,510,570 4,889,440 214,636 35,921 14,875,747 1,839,903 261,071,392 962,674 106,502,365 95,418 $ 7,949,267 9,490,797 0 356,279 5,678,800 2,584,795 331,602 2,151,499 21,507,303 17,300,362 225,491,785 3,202,350 130,540,877 166,700,631 152,189,275 $ 2,479,624 5,886,725 (0) 1,707,844 13,469,893 2,202,035 214,636 35,881 14,352,091 1,839,903 176,635,642 40,503,421 1,852,094,723 $ 463,982,020 $ 426,681,134 489,162,043 $ 259,327,695 $ $ 517,946,938 43,608,529 31,104,636 315,208,597 599,080,884 1,506,949,584 $ $ 152,076,997 23,094,829 3,551,198 47,450,386 102,787,460 328,960,872 $ 3,359,044,307 $ 792,942,892 - $ 10,495,105 16,597,704 10,330,000 25,613,390 6,966,000 955,000 9,990,000 75,546,938 13,778,000 2020-2021 Year-to-Date Capital Amounts From Capital Funds Budget Actual $ $ $ 220,774,700 43,580,122 3,703,003 82,415,531 140,768,606 491,241,962 $ 917,923,095 - 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 $ $ $ $ 22,886,024 3,197,889 3,408,098 14,200,559 32,162,013 75,854,583 $ 759,864,259 $ 335,182,278 $ $ 46,262,918 384,606 2,357,655 1,040,676 2,687,405 40 523,656 84,435,751 962,674 65,998,944 1,362,932,680 $ 125,596,593 17,617,018 9,345,309 31,808,000 86,335,296 270,702,216 Unencumbered Budget 204,654,325 $ $ 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 84,132,563 37,786,413 0 26,535,588 23,218,721 600,000 16,271,224 9,270,364 10,007,379 78,270,898 11,938,097 11,016,000 881,907,230 6,362,278 189,893,464 $ 1,388,112,703 $ $ 129,190,973 19,896,940 143,101 33,249,828 70,625,447 253,106,289 $ 365,869,941 20,513,700 27,553,438 267,758,211 496,293,424 1,177,988,712 $ 457,760,614 $ 2,566,101,415 Bonds Authorized and Sold As of MARCH 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 Feb Jan 38,595 41,041 35,343 39,512 42,051 41,946 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 22,766 36,368 38,579 33,570 32,672 35,644 Mar Mar 33,502 32,970 39,641 61,093 63,749 45,398 Apr May June YTD thru March 307,495 313,383 348,353 383,420 411,419 367,256 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 Nov 11,443 13,678 15,747 16,443 13,095 15,662 Dec 11,913 13,707 14,902 12,120 19,640 14,386 Jan 14,184 13,334 12,154 17,440 19,033 15,608 Feb 10,974 13,322 15,369 17,707 10,831 15,679 Mar 11,785 13,651 13,689 12,285 15,878 14,049 YTD thru March 105,449 120,249 127,844 136,760 147,032 133,991 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 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 Jan 5,607 5,470 6,143 6,514 7,328 6,328 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 Feb 5,049 5,714 5,490 6,528 5,568 6,074 Apr May Mar 5,457 5,493 5,943 5,960 6,411 6,093 YTD thru March 45,312 51,982 55,307 58,064 61,769 56,169 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 Jan Feb Dec 218,635 192,262 221,971 226,582 236,818 273,368 Jan 173,436 187,522 170,844 209,806 216,626 235,306 Feb 145,268 176,559 173,462 187,061 178,738 218,212 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 Mar 159,366 167,449 187,169 217,521 272,444 233,453 May YTD thru March 1,523,070 1,600,444 1,651,300 1,768,360 1,964,803 2,074,845 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 70,000 16-17 Actuals 60,000 17-18 Actuals 18-19 Actuals 50,000 19-20 Actuals 20-21 Actuals 40,000 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 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 May 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 Dec 24,926 38,212 30,496 36,787 31,636 37,082 Jan 28,532 32,543 31,205 34,297 18,059 35,990 Feb 28,901 30,671 32,944 34,215 61,877 36,033 Mar 29,273 33,070 33,075 34,228 25,487 36,862 YTD thru March 257,846 277,005 287,052 300,864 237,230 319,235 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 - 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 Jan 21,608 25,186 22,565 25,330 28,579 26,582 Feb 19,223 22,704 21,558 25,643 25,188 25,021 Mar 20,925 23,806 20,138 24,861 28,415 25,190 YTD thru March 300,210 321,237 297,271 332,453 368,718 351,244 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 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 Dec 19,493 20,097 20,469 20,888 24,461 20,914 Jan 19,155 20,584 22,113 22,063 18,430 21,681 Feb 18,594 19,499 19,436 20,973 24,355 20,283 Mar 19,618 20,517 19,960 21,613 21,754 21,111 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 June YTD thru March 171,351 182,661 184,251 191,994 195,651 188,677 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