August 2021 Monthly Financial Report PREPARED BY Financial Accounting & Reporting Division August 30, 2021 To the Mayor and City Council: This is the City's Financial Report for August, the second month of fiscal year 2021-22. 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, Kathleen Gitkin Chief Financial Officer John Gamble Deputy Finance Director November 5, 2021 CITY AUDITOR REPORT To the Chief Financial Officer, We have assessed the Finance Department’s (Finance) August 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 September 27, 2021. 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 August 2021 Table of Contents Page Performance Status General Fund Total Expenditures 1 Monitor and Consider Taking Action General Government 1 Monitor and Consider Taking Action Criminal Justice 2 Better than Expected Public Safety 2 Monitor and Consider Taking Action Expenditures by Programs General Fund Expenditures Transportation 3 Better than Expected Community Development 3 Better than Expected Community Enrichment 4 Better than Expected Environmental Services 4 Expected Citywide Total Operating Expenditures 5 Monitor and Consider Taking Action General Government 5 Better than Expected Criminal Justice 6 Better than Expected Citywide Expenditures Public Safety 6 Expected Transportation 7 Monitor and Consider Taking Action Community Development 7 Better than Expected Community Enrichment 8 Monitor and Consider Taking Action Environmental Services 8 Expected General Obligation Debt Service 9 Better than Expected Capital Expenditures CIP-General Government 10 CIP-Aviation 10 CIP-Phoenix Convention Center 11 CIP-Solid Waste Disposal 11 CIP-Wastewater 12 CIP-Water System 12 Page Performance Status General Fund Total Operating Revenue 13 Better than Expected Property Tax 14 Expected Local Sales Tax 15 Better than Expected Revenues by Source State Sales Tax 16 Better than Expected Vehicle License Tax 17 Monitor and Consider Taking Action Governmental Funds 18 Monitor and Consider Taking Action Aviation 19 Better than Expected Water System 20 Monitor and Consider Taking Action 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 Notes: Performance Status Better than Expected - Positive variance of greater than 1% actual vs budget. Expected - Actual vs budget variance within 1% positive or negative. Monitor and Consider Taking Action - Negative variance greater than 1% actual vs budget. Corrective Action Taken - Negative variance greater than 1% actual vs budget, however the City has taken action to address the negative variance. Report Navigation Click on the performance status next to a report to be taken directly to that page. From any page of the report, click on the City of Phoenix Bird Emblem to return to the Table of Contents. 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. August General Fund YTD Expenditures (Dollars in Thousands) Refer to detailed financial schedules pages 22 thru 34 Total General Fund Expenditures 17-18 18-19 19-20 20-21 21-22 August YTD Annual % of Annual Expenditures Expenditures * Expenditures 214,974 1,177,280 18.3% 216,652 1,214,362 17.8% 236,388 1,282,831 18.4% 233,679 1,371,152 17.0% 263,952 1,494,454 17.7% * - For prior years-total actual expenditures, for current year-total approved budget net of adjustment for contingencies. Monitor and Consider Taking Action 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 August YTD Expenditures August YTD Expenditures $600,000 $600,000 Annual Annual Expenditures *Expenditures * $400,000 $400,000 $200,000 $200,000 $0 $0 17-18 18-19 17-18 19-20 20-21 21-22 18-19 19-20 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 2021-22 budgeted general fund expenditures are 9.0% higher than the fiscal year 2020-21 actuals. Fiscal year 2021-22 actual general fund expenditures through August are 13.0% higher than the same period in fiscal year 2020-21. General fund expenditures increased 6.9% in fiscal year 2020-21 over fiscal year 2019-20. This followed increases of 5.6% and 3.1% in the two prior years. General Government 17-18 18-19 19-20 20-21 21-22 August YTD Annual % of Annual Expenditures Expenditures * Expenditures 20,003 110,408 18.1% 23,945 114,393 20.9% 23,126 123,100 18.8% 27,039 154,211 17.5% 30,820 171,391 18.0% * - For prior years-total actual expenditures, for current year-total approved budget Monitor and Consider Taking Action 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 August YTD Expenditures August YTD Expenditures Annual Expenditures * Annual Expenditures * 17-1818-19 17-18 18-19 19-20 20-21 19-20 21-22 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 2021-22 budget includes a 11.1% increase over fiscal year 2020-21 actuals. General fund general government expenditures through August are 14.0% higher than the same period in the prior fiscal year. General fund general government expenditures increased 25.3% in fiscal year 2020-21 over fiscal year 2019-20. This followed increases of 7.6% and 3.6% in the prior two years. 1 August General Fund YTD Expenditures (Dollars in Thousands) Refer to detailed financial schedules pages 22 thru 34 Criminal Justice 17-18 18-19 19-20 20-21 21-22 August YTD Annual % of Annual Expenditures Expenditures * Expenditures 5,668 32,232 17.6% 5,849 33,387 17.5% 6,145 35,033 17.5% 6,278 36,162 17.4% 6,837 39,858 17.2% * - For prior years-total actual expenditures, for current year-total approved budget Better than Expected Criminal Justice $45,000 $40,000 $35,000 $30,000 $25,000 $20,000 $15,000 $10,000 $5,000 $0 August YTD Expenditures Annual Expenditures * 17-18 18-19 19-20 20-21 21-22 Criminal justice expenditures include costs for municipal courts and public defenders. The fiscal year 2021-22 budget includes a 10.2% increase over fiscal year 2020-21 actuals. General fund criminal justice expenditures through August are 8.9% higher than the same period in the prior fiscal year. General fund criminal justice expenditures increased 3.2% in the fiscal year 2020-21 over fiscal year 2019-20. This followed increases of 4.9% and 3.6% in the prior two years. Public Safety Public Safety August YTD Annual % of Annual Expenditures Expenditures * Expenditures 146,896 817,960 18.0% 146,402 841,467 17.4% 158,022 893,403 17.7% 155,386 925,920 16.8% 175,495 999,730 17.6% $1,200,000 * - For prior years-total actual expenditures, for current year-total approved budget $0 17-18 18-19 19-20 20-21 21-22 $1,000,000 August YTD Expenditures $800,000 $600,000 $400,000 Annual Expenditures * $200,000 17-18 18-19 19-20 20-21 21-22 Monitor and Consider Taking Action Public safety expenditures include costs for police and fire services. The general fund public safety fiscal year 2021-22 budget includes a 8.0% increase over fiscal year 2020-21 actuals. Through August, general fund public safety expenditures are 12.9% higher than the prior fiscal year. General fund public safety expenditures increased 3.6% over fiscal year 2020-21 over the fiscal year 2019-20. This followed increases of 6.2% and 2.9% in the prior two years. 2 August General Fund YTD Expenditures (Dollars in Thousands) Refer to detailed financial schedules pages 22 thru 34 Transportation 17-18 18-19 19-20 20-21 21-22 August YTD Annual % of Annual Expenditures Expenditures * Expenditures 5,586 16,366 34.1% 811 18,337 4.4% 2,127 19,748 10.8% 2,020 22,144 9.1% 2,000 23,476 8.5% * - For prior years-total actual expenditures, for current year-total approved budget Better than Expected Community Development Transportation $1 $30,000 $1 Series1 August YTD Expenditures $1 $20,000 $1 $0 $10,000 Annual Series2 Expenditures * $0 $0 $0 17-18 18-19 19-20 20-21 21-22 Transportation expenditures include costs for public transit and street maintenance and repair. General Fund transportation expenditures for fiscal year 2021-22 are budgeted to increase 6.0% over fiscal year 2020-21 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 August, General fund transportation expenditures are 1.0% lower than the same period in the prior fiscal year. Community Development 17-18 18-19 19-20 20-21 21-22 August YTD Annual % of Annual Expenditures Expenditures * Expenditures 3,516 20,243 17.4% 3,408 21,238 16.0% 3,803 22,542 16.9% 3,820 24,114 15.8% 4,526 29,344 15.4% * - For prior years-total actual expenditures, for current year-total approved budget Community Development $35,000 $30,000 $25,000 $20,000 $15,000 $10,000 $5,000 $0 August YTD Expenditures Annual Expenditures * 17-18 Better than Expected 18-19 19-20 20-21 21-22 Community development expenditures include costs for economic development and neighborhood services. The fiscal year 2021-22 budget includes a 21.7% increase over fiscal year 2020-21 actuals. General fund community development expenditures through August are 18.5% higher than the same period in the prior fiscal year. General fund community development expenditures increased in fiscal year 2020-21 over fiscal year 2019-20 by 7.0%. This follows a year over year increase of 6.1% in fiscal year 2019-20 and 4.9% increase in the 2018-19 fiscal year. 3 August General Fund YTD Expenditures (Dollars in Thousands) Refer to detailed financial schedules pages 22 thru 34 Community Enrichment Community Enrichment August YTD Annual % of Annual Expenditures Expenditures * Expenditures 29,852 156,325 19.1% 31,810 156,552 20.3% 37,124 155,417 23.9% 33,436 158,589 21.1% 37,631 181,164 20.8% $200,000 * - For prior years-total actual expenditures, for current year-total approved budget $0 17-18 18-19 19-20 20-21 21-22 August YTD Expenditures $160,000 $120,000 Annual Expenditures * $80,000 $40,000 17-18 18-19 19-20 20-21 21-22 Better than Expected Community enrichment expenditures include costs for parks, recreational activities, senior centers and community centers. The fiscal year 2021-22 budget includes a 14.2% increase over fiscal year 2020-21 actuals. Through August, general fund community enrichment expenditures are 12.5% higher than the same period in the prior fiscal year. General fund community enrichment expenditures increased 2.0% in fiscal year 2020-21 over fiscal year 2019-20. This followed a decrease of 0.7% and an increase of 0.1% in the prior two years. Environmental Services 17-18 18-19 19-20 20-21 21-22 August YTD Annual % of Annual Expenditures Expenditures * Expenditures 2,704 12,624 21.4% 3,811 16,886 22.6% 4,571 19,180 23.8% 4,961 20,905 23.7% 5,855 24,482 23.9% * - For prior years-total actual expenditures, for current year-total approved budget Environmental Services $28,000 $24,000 $20,000 $16,000 $12,000 $8,000 $4,000 $0 August YTD Expenditures Annual Expenditures * 17-18 Expected 18-19 19-20 20-21 21-22 Environmental service expenditures include costs for maintaining and operating city facilities. The fiscal year 2021-22 budget includes a 17.1% increase from fiscal year 2020-21 actuals. Because environmental service expenditures are highly dependent on interdepartmental charges, they tend to be very volatile. Through August, general fund environmental services expenditures are 18.0% 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. August Citywide YTD Expenditures (Dollars in Thousands) Refer to detailed financial schedules pages 22 thru 34 Total Citywide Operating 17-18 18-19 19-20 20-21 21-22 August YTD Annual % of Annual Expenditures Expenditures * Expenditures 731,246 3,547,078 20.6% 866,198 3,775,464 22.9% 874,217 3,814,963 22.9% 827,458 4,163,122 19.9% 1,253,637 5,422,757 23.1% * - 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 $6,000,000 August YTD Expenditures $5,000,000 $4,000,000 $3,000,000 $2,000,000 Annual Expenditures * $1,000,000 $0 17-18 Monitor and Consider Taking Action 18-19 19-20 20-21 21-22 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. Without contingencies and vacancy savings, the budget for fiscal year 2021-22 anticipates an increase of 30.3% over fiscal year 2020-21 actuals in total operating expenditures. Actual expenditures through August are 51.5% higher than the same period in the prior fiscal year stemming from an additional $304M in light rail extension and $70M in Aviation. General Government 17-18 18-19 19-20 20-21 21-22 August YTD Annual % of Annual Expenditures Expenditures * Expenditures 22,833 134,117 17.0% 25,768 138,349 18.6% 24,476 157,200 15.6% 35,888 207,451 17.3% 31,149 207,280 15.0% * - For prior years-total actual expenditures, for current year-total approved budget Better than Expected General Government $250,000 August YTD Expenditures $200,000 $150,000 $100,000 Annual Expenditures * $50,000 $0 17-18 18-19 19-20 20-21 21-22 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 August are 13.2% lower than the same period in the prior fiscal year. The budget anticipates an decrease of 0.1% for fiscal year 2021-22 over fiscal year 2020-21 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 August Citywide YTD Expenditures (Dollars in Thousands) Refer to detailed financial schedules pages 22 thru 34 Criminal Justice 17-18 18-19 19-20 20-21 21-22 August YTD Annual % of Annual Expenditures Expenditures * Expenditures 6,689 38,411 17.4% 6,222 42,530 14.6% 7,922 44,425 17.8% 7,766 44,147 17.6% 8,027 48,200 16.7% * - For prior years-total actual expenditures, for current year-total approved budget Criminal Justice $60,000 August YTD Expenditures $50,000 $40,000 Annual Expenditures * $30,000 $20,000 $10,000 $0 17-18 Better than Expected 18-19 19-20 20-21 21-22 Criminal Justice expenditures include costs of the Municipal Court and the Public Defender’s office. Citywide criminal justice expenditures are 3.4% higher through August than the same period in the prior fiscal year. The budgeted increase for fiscal year 2021-22 over fiscal year 2020-21 actuals is 9.2%. 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 17-18 18-19 19-20 20-21 21-22 August YTD Annual % of Annual Expenditures Expenditures * Expenditures 168,172 970,771 17.3% 173,732 1,025,513 16.9% 191,885 1,110,457 17.3% 190,077 1,122,901 16.9% 210,417 1,250,252 16.8% * - 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 August YTD Expenditures Annual Expenditures * 17-18 18-19 19-20 20-21 21-22 Expected Public Safety expenditures include costs of Police, Fire and Emergency Management. Citywide public safety expenditures through August are 10.7% higher than the same period in the prior fiscal year. The budgeted increase for fiscal year 2021-22 over fiscal year 2020-21 actuals is 11.3%. 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 August Citywide YTD Expenditures (Dollars in Thousands) Refer to detailed financial schedules pages 22 thru 34 Transportation 17-18 18-19 19-20 20-21 21-22 August YTD Annual % of Annual Expenditures Expenditures * Expenditures 267,099 709,977 37.6% 265,502 722,667 36.7% 319,452 774,492 41.2% 287,013 786,597 36.5% 355,237 852,157 41.7% * - For prior years-total actual expenditures, for current year-total approved budget Transportation $900,000 $800,000 $700,000 $600,000 $500,000 $400,000 $300,000 $200,000 $100,000 $0 August YTD Expenditure s Annual Expenditure s* 17-18 Monitor and Consider Taking Action 18-19 19-20 20-21 21-22 Transportation expenditures include costs for Street lighting, maintenance and repair, Aviation and Public Transit. Citywide transportation expenditures are 23.8% higher through August than the same period in the prior fiscal year. The budget anticipates an increase of 8.3% for fiscal year 2021-22 from fiscal year 2020-21 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. Year to date includes a $70M Aviation liability paydown. Community Development 17-18 18-19 19-20 20-21 21-22 August YTD Annual % of Annual Expenditures Expenditures * Expenditures 32,539 203,096 16.0% 32,470 195,716 16.6% 34,484 229,793 15.0% 39,595 245,310 16.1% 37,955 294,026 12.9% * - For prior years-total actual expenditures, for current year-total approved budget Better than Expected Community Development $350,000 $300,000 $250,000 $200,000 $150,000 $100,000 $50,000 $0 August YTD Expenditures Annual Expenditures * 17-18 18-19 19-20 20-21 21-22 Community Development expenditures include costs for Neighborhood Services, Housing, Planning and Economic Development. Citywide community development expenditures through August are 4.1% lower than the same period in the prior fiscal year. The fiscal year 2021-22 budget includes an increase of 19.9% over fiscal year 2020-21 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 August Citywide YTD Expenditures (Dollars in Thousands) Refer to detailed financial schedules pages 22 thru 34 Community Enrichment 17-18 18-19 19-20 20-21 21-22 August YTD Annual % of Annual Expenditures Expenditures * Expenditures 54,502 306,763 17.8% 64,987 317,465 20.5% 76,949 316,680 24.3% 85,027 390,805 21.8% 88,657 403,432 22.0% * - For prior years-total actual expenditures, for current year-total approved budget Community Enrichment $450,000 $400,000 $350,000 $300,000 $250,000 $200,000 $150,000 $100,000 $50,000 $0 August YTD Expenditures Annual Expenditures * 17-18 18-19 19-20 20-21 21-22 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 August are 4.3% higher than the same period in the prior fiscal year. The fiscal year 2021-22 budget anticipates an increase of 3.2% from fiscal year 2020-21 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 17-18 18-19 19-20 20-21 21-22 August YTD Annual % of Annual Expenditures Expenditures * Expenditures 110,971 696,244 15.9% 87,409 670,219 13.0% 123,096 692,524 17.8% 136,109 734,733 18.5% 148,594 805,954 18.4% * - For prior years-total actual expenditures, for current year-total approved budget Environmental Services $900,000 $800,000 $700,000 $600,000 $500,000 $400,000 $300,000 $200,000 $100,000 $0 August YTD Expenditures Annual Expenditures * 17-18 18-19 19-20 20-21 21-22 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 9.2% higher through August than the same period in the prior fiscal year. The fiscal year 2021-22 budget anticipates an increase of 9.7% from fiscal year 2020-21 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 August Citywide YTD Expenditures (Dollars in Thousands) Refer to detailed financial schedules pages 22 thru 34 General Obligation Debt Service Citywide Debt Service Expenditures 17-18 18-19 19-20 20-21 21-22 August YTD Annual % of Annual Expenditures Expenditures * Expenditures 17,935 106,315 16.9% 90,188 116,634 77.3% 21,731 130,839 16.6% 22,138 131,938 16.8% 21,903 132,070 16.6% * - For prior years-total actual expenditures, for current year-total approved budget net of credit for early redemption fund resources $180,000 August YTD Expenditures $120,000 $60,000 Annual Expenditures * $0 17-18 18-19 19-20 20-21 21-22 Better than Expected General obligation debt service expenditures through August are 1.1% lower than the same period in the prior fiscal year. Budgeted expenditures for fiscal year 2021-22 are 0.1% higher than fiscal year 2020-21 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 17-18 18-19 $ 290,772 $ 384,131 Refer to detailed financial schedules pages 22 - 34 19-20 $ 20-21 500,745 $ 684,798 Discussion: 21-22 (Budget) 21-22 (YTD) $ $ 581,975 1,027,927 General Gov't 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). 21-22 (YTD) 21-22 (Budget) 20-21 19-20 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) . 18-19 17-18 $0 $500,000 $1,000,000 21-22 (Budget) 21-22 (YTD) $ $ $1,500,000 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). Major projects in fiscal year 2020-21 include ($115M) South Central Light Rail, ($96M) Talking Stick Arena renovations, ($69M) Northwest light rail extension, and ($32M) replace fare collection system. Major projects budgeted for fiscal year 2021-22 include South Central Light Rail ($90M), North West Lightrial ($70M), South Central land acquisition ($45M), North Black Canyon area roadway and drainage infratructure ($39M). Aviation 17-18 18-19 $ 582,921 $ 552,972 19-20 $ 254,523 20-21 $ 172,418 429,069 15,054 Discussion: Aviation 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). 21-22 (YTD) 21-22 (Budget) 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 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). Major projects in fiscal year 2020-21 include ($51M) Terminal 4 concourse, ($24M) Terminal 4 Apron Concrete construction, ($19M) garage demolition, and ($13M) 24th St parking lot 19-20 18-19 17-18 $0 $200,000 $400,000 $600,000 Major projects budgeted for fiscal year 2021-22 include Union Pacific Railroad grade (trench) separation project ($64.5M), Airport Development Plant Contingency ($60.9M), New Crossfield Taxi ($34.0M), Terminal 4 South Concourse ($22.2M). - 10 - Capital Expenditures (Dollars in Thousands) Phx Convention Ctr 17-18 18-19 $ 28,898 $ 36,542 Refer to detailed financial schedules pages 22 - 34 19-20 $ 21-22 (Budget) 20-21 52,148 $ 31,640 Discussion: $ 40,137 21-22 (YTD) $ 4,157 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 2021-22 include LED conversion upgrade ($7M), shoring wall ($4 million) and garage elevator ($1 million). Solid Waste 17-18 18-19 $ 10,355 $ 7,857 21-22 (YTD) 21-22 (Budget) 20-21 19-20 18-19 17-18 $0 19-20 $ 5,490 $10,000 $20,000 21-22 (Budget) 20-21 $ 8,796 $ 31,069 $30,000 $40,000 $50,000 $60,000 21-22 (YTD) $ 581 Discussion: Solid Waste 21-22 (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. 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 recovery facility upgrade and $1.5 million on SR 85 Landfill. 21-22 (Budget) 20-21 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 In fiscal year 2020-21 Solid Waste spent $4.5M on Excavate and line Cell 2 at the State Route 85 Landfill, $1.2M Dixaleta payment replacement at self-haul area, and $1.1M at the 27th ave trommel machine. Major projects budgeted for fiscal year 2021-22 include $17M Material Recovery Facility retrofit, $2.5M general capital improvement and $2.0M capital improvement in the transfer station. 18-19 17-18 $0 $10,000 $20,000 $30,000 $40,000 - 11 - Capital Expenditures (Dollars in Thousands) 17-18 Wastewater $ 105,912 Refer to detailed financial schedules pages 22 - 34 18-19 $ 97,890 19-20 $ 123,141 20-21 $ 77,339 21-22 (Budget) 21-22 (YTD) $ 248,807 $ 70,935 Discussion: 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. Wastewater 21-22 (YTD) 21-22 (Budget) 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 In fiscal year 2020-21 Wastewater spent $12.4M 91st ave plant equipment, $10.1M 23rd Ave Grit Basin Replacement, $6.9M citywide rehabilitate small diameter sewers, and $4.7M 23rd ave equipment replacement. 20-21 19-20 18-19 17-18 $0 $100,000 $200,000 $300,000 Major projects budgeted in fiscal year 2021-22 include $38M Lift Station 77 mains, $21M Dixaleta Dobbins gravity sewer and $19M 91st Ave WWTP Solids Rehab. 17-18 Water System $ 229,256 18-19 $ 289,858 19-20 $ 252,146 20-21 21-22 (Budget) 21-22 (YTD) $ 434,000 $ 405,046 $ 39,965 Discussion: Water System 21-22 (YTD) 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. 21-22 (Budget) 20-21 19-20 In fiscal year 2020-21 water spent $153M on water main from 24th street treatment plant to 32nd st and Bell road, $110.0M on water boosters, and $19.9M on transmission main rehabilitation. 18-19 17-18 $0 $100,000$200,000$300,000$400,000$500,000 Major projects budgeted in fiscal year 2021-22 include $50M Dixaleta infrastructure, $36.8M Deer Valley WTP Rehabilitation, $21.5M Light Rail Water Relocation and $18.1M Southern Water Growth Projects. - 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 $1,600,000 $1,400,000 August YTD Revenues $1,200,000 $1,000,000 $800,000 $600,000 $400,000 Annual Revenues* $200,000 $0 17-18 17-18 18-19 19-20 20-21 21-22 August YTD Revenues 156,371 161,708 174,497 211,606 225,630 18-19 Annual Revenues* 1,162,635 1,220,768 1,307,357 1,491,537 1,355,776 19-20 20-21 21-22 % of Annual Revenues 13.4% 13.2% 13.3% 14.2% 16.6% * - For prior years - total actual revenues, for current year - total approved budget Better than Expected Fiscal year 2021-22 general fund operating revenues are budgeted to decrease 9.1% over prior year actuals. Fiscal year 2020-21 includes $73M Coronavirus relief fund allocated to offset General Fund Public Safety costs. Actual revenues through August are 6.6% 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 95,435 101,652 107,555 119,289 115,069 180,000 Secondary 150,000 120,000 90,000 60,000 154,560 162,129 170,209 182,043 17-18 18-19 19-20 20-21 191,294 Primary 30,000 - FY 17-18 18-19 19-20 20-21 21-22 YTD 21-22 Budget Total 249,995 263,781 277,764 297,112 (349) 310,582 July (1,054) (1,049) (1,141) (1,619) (1,490) (1,411) Aug (395) 688 1,081 1,541 1,141 1,226 Sept 891 980 647 1,288 1,080 Oct 16,220 12,601 11,579 21,550 16,935 Nov 87,691 91,331 106,458 89,520 106,400 Dec 25,018 30,444 23,612 38,512 34,281 21-22 YTD Jan 10,162 13,302 14,875 15,608 16,215 Feb 7,020 5,422 7,447 6,612 7,214 21-22 Budget Mar 8,086 8,130 8,185 9,456 9,544 Apr 11,994 12,026 12,116 15,171 14,559 May 52,962 68,870 66,043 76,862 78,427 June 31,400 21,036 26,862 22,611 26,112 Note: Monthly budget amount for 21-22 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 4.5% in fiscal year 2021-22 over fiscal year 2020-21 actuals. - 14 - Primary Secondary 154,560 95,435 162,129 101,652 170,209 107,555 182,043 115,069 (220) (129) 191,294 119,289 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 21-22 Actuals 30,000 21-22 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 2021-22 local sales tax revenues through August are 4.3% higher than the same period in the prior year. Actual local sales tax revenues through August are 30.4% higher than budget expectations. Local Sales Tax 3 Year Trend 80,000 70,000 60,000 50,000 19-20 Actuals 40,000 20-21 Actuals 21-22 Actuals 30,000 20,000 10,000 July Aug Sept Oct Nov Dec Jan Feb Mar Apr May June Fiscal year 2020-21 local sales tax revenues were 12.2% higher than the prior year. This follows increases of 2.5% and 10.5% 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 30,000 25,000 20,000 21-22 Actuals 15,000 21-22 Budget 10,000 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 2021-22 budget includes an decrease of 1.7% in state shared sales tax over fiscal year 2020-21 actuals. Through August state shared sales tax revenues are 21.4% above budget expectations. State Sales Tax 3 Year Trend 30,000 25,000 20,000 19-20 Actuals 15,000 20-21 Actuals 21-22 Actuals 10,000 5,000 July Aug Sept Oct Nov Dec Jan Feb Mar Apr May June Fiscal year 2020-21 state sales tax revenues were 17.1% higher than the prior year. This follows increases of 4.2% and 5.8% 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 21-22 Actuals 6,000 21-22 Budget 4,000 2,000 July Aug Sept Oct Nov Dec Jan Feb Mar Apr May June Year to Date Performance Status Monitor and Consider Taking Action State shared vehicle license tax revenues through August 2021 are 9.4% lower than budget expectations for the period. Vehicle License Tax 3 Year Trend 12,000 10,000 19-20 Actuals 8,000 20-21 Actuals 6,000 21-22 Actuals 4,000 2,000 July Aug Sept Oct Nov Dec Jan Feb Mar Apr May June Fiscal year 2020-21 state shared vehicle license tax revenues were 13.2% higher than the prior year. This follows increases of 0.4% and 5.1% 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 500,000.00 450,000.00 400,000.00 21-22 Budget 350,000.00 300,000.00 250,000.00 2021-22 Actuals 200,000.00 150,000.00 100,000.00 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 August 2021 are 4.6% lower than budget expectations for the period. Governmental Funds Revenues 3 Year Trend 400,000.00 350,000.00 300,000.00 2019-20 Actuals 250,000.00 200,000.00 2020-21 Actuals 150,000.00 2021-22 Actuals 100,000.00 50,000.00 July Aug Sept Oct Nov Dec Jan Feb Mar Apr May June Fiscal year 2020-21 governmental fund revenues were 14.4% higher than the prior year. This follows increases of 7.0% and 4.1% 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 21-22 Actuals 40,000 21-22 Budget 30,000 20,000 10,000 July Aug Sept Oct Nov Dec Jan Feb Mar Apr May June Year to Date Performance Status Better than Expected Aviation operating revenues through August 2021 are 21.8% higher than budget expectations for the period. Aviation Operating Revenues 3 Year Trend 100,000 80,000 60,000 19-20 Actuals 40,000 20-21 Actuals 21-22 Actuals 20,000 July Aug Sept Oct Nov Dec Jan Feb Mar Apr May Fiscal year 2020-21 aviation revenues were 8.0% higher than the prior year. This follows a decrease of 8.3% and increase of 2.5% in the two previous years. Click Here for Additional Information - 19 - 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 21-22 Actuals 30,000 21-22 Budget 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 Water system revenues through August 2021 are 10.5% lower than budget expectations for the period. Water System Operating Revenues 3 Year Trend 70,000 60,000 50,000 40,000 19-20 Actuals 30,000 20-21 Actuals 20,000 21-22 Actuals 10,000 July Aug Sept Oct Nov Dec Jan Feb Mar Apr May June Fiscal year 2020-21 water system revenues were 8.4% higher than the prior year. This follows increase of 12.7% and decrease of 7.3% 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 25,000 20,000 15,000 21-22 Budget 10,000 21-22 Actuals 5,000 July Aug Sept Oct Nov Dec Jan Feb Mar Apr May June Year to Date Performance Status Better than Expected Wastewater revenues through August 2021 are 2.4% higher than budget expectations for the period. Wastewater Operating Revenues 3 Year Trend 30,000 25,000 20,000 19-20 Actuals 15,000 20-21 Actuals 10,000 21-22 Actuals 5,000 July Aug Sept Oct Nov Dec Jan Feb Mar Apr May Fiscal year 2020-21 wastewater revenues were 0.8% higher than the prior year. This follows increase of 4.0% and 1.6% in the two previous years. Click Here for Additional Information - 21 - June General Funds Summary Presents comparisons of year-to-date balances to the fiscal year budget and to the actual results for the prior year for the general fund. General Fund Revenue As of AUGUST 30 (dollars in thousands) Actual Year-to-Date 2021-2022 2020-2021 Budget Estimate 2021-2022 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 $ 547,397 2,800 $ 105,853 $ 470 101,520 127 197,945 219,316 79,100 191,294 2,771 9,600 44,663 36,555 15,781 (220) 432 1 37,394 40,040 17,790 (90) 385 (61) 8,956 1,451 13,108 483 4,093 1,497 6,463 1,450 178 1,659 135 926 396 3,560 1,495 220 1,298 (65) 389 221 647 33,500 1,500 16,599 5,550 12,355 7,607 118 2,921 514 2,631 5,333 118 2,397 996 1,454 1,355,776 - 22 - $ 225,631 $ 211,607 General Fund Expenditures As of AUGUST 30 (dollars in thousands) Actual Year-to-Date 2021-2022 2020-2021 Budget Estimate 2021-2022 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 $ 2,323 5,577 8,111 60,150 3,159 2,875 23,864 3,174 7,475 19,275 4,311 29,715 1,384 171,393 $ 422 $ 819 1,593 11,514 619 723 4,547 465 1,125 2,781 947 4,562 702 30,820 265 617 786 8,754 449 367 3,738 361 634 1,843 636 7,875 714 27,039 Criminal Justice Municipal Court Public Defender Total Criminal Justice 34,224 5,634 39,858 5,936 901 6,837 5,495 783 6,278 Public Safety Police Fire Others Total Public Safety 611,239 388,358 133 999,730 105,160 70,256 79 175,495 99,706 55,583 98 155,388 Transportation Street Transportation Public Transit Total Transportation 21,639 1,838 23,477 162 1,838 2,000 234 1,786 2,020 Community Development Economic Development Neighborhood Services Department Planning and Development Others Total Community Development 6,884 15,515 5,173 1,772 29,344 1,126 2,560 757 83 4,526 829 2,284 675 33 3,820 Community Enrichment Parks and Recreation Library Human Services Others Total Community Enrichment 108,229 43,865 22,051 7,019 181,164 19,833 11,754 3,342 2,702 37,631 16,420 11,194 3,733 2,089 33,436 Environmental Services Public Works Environmental Programs Others Total Environmental Services 22,728 1,280 474 24,482 5,565 150 141 5,855 4,711 128 122 4,961 Capital Improvement 25,007 788 738 Vacancy Savings (11,000) - - Contingencies 124,164 - - 263,952 $ 233,679 Total Expenditures and Encumbrances $ 1,607,618 - 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 AUGUST 30 (dollars in thousands) Source General Funds Local Taxes: Sales Taxes Privilege License Fees State Shared Taxes: State Sales Tax State Income Tax Vehicle License Tax Primary Property Tax Licenses and Permits Cable Communications Municipal Court Police Library Fees Parks and Recreation Planning & Development Street Transportation Fire Interest Other Fees and Service Charges $ Total General Funds Special Revenue and Debt Service Funds Neighborhood Protection Public Safety Enhancement & Expansion Parks and Preserves Golf Courses Transit 2000 & 2050 Court Awards Planning and Development Capital Construction Sports Facilities Highway User Revenue Regional Transit Revenues Community Reinvestment Other Restricted Fees Grants G.O. Bond/Secondary Property Tax Total Special Revenue and Debt Service Funds Enterprise Funds Aviation Convention Center Water System Wastewater Solid Waste Total Enterprise Funds Total Operating Revenues Actual Year-to-Date 2021-2022 2020-2021 Budget Estimate 2021-2022 $ 547,397 2,800 105,853 $ 470 101,520 127 197,945 219,316 79,100 191,294 2,771 9,600 10,407 13,108 483 4,093 1,497 6,463 51,599 5,550 12,355 44,663 36,555 15,781 (220) 432 1 1,628 1,659 135 926 396 3,560 10,646 514 2,631 37,394 40,040 17,790 (90) 385 (61) 1,715 1,298 (65) 389 221 647 7,848 996 1,454 1,355,775 225,631 211,607 40,620 105,455 42,099 6,794 302,369 5,296 71,428 7,592 19,818 149,715 38,945 5,863 36,384 1,037,554 123,686 6,979 18,898 6,907 892 49,288 42 25,546 1,096 3,042 24,650 1,064 605 (4,334) (11,431) (129) 6,263 14,859 6,495 861 44,574 19,012 1,424 1,349 22,042 2,617 56 (4,575) (38,944) (1,830) 1,993,617 123,113 74,203 412,546 75,996 487,697 254,696 189,870 70,680 11,021 100,635 43,982 33,083 28,053 7,499 111,328 43,996 28,509 1,420,805 259,401 219,384 608,145 $ 505,194 4,770,197 - 24 - $ $ Citywide Operating Expenditures As of AUGUST 30 (dollars in thousands) Source General Government General Funds Other Funds Total General Government Actual Year-to-Date 2021-2022 2020-2021 Budget 2021-2022 30,820 $ 329 31,149 27,039 8,849 35,888 39,858 8,342 48,200 6,837 1,190 8,027 6,278 1,488 7,766 Public Safety General Funds Other Funds Total Public Safety 999,730 250,522 1,250,252 175,495 34,922 210,417 155,388 34,689 190,077 Transportation General Funds Other Funds Total Transportation 23,476 828,681 852,157 2,000 353,237 355,237 2,020 284,993 287,013 Community Development General Funds Other Funds Total Community Development 29,344 264,682 294,026 4,526 33,429 37,955 3,820 35,775 39,595 Community Enrichment General Funds Other Funds Total Community Enrichment 181,164 222,268 403,432 37,631 51,026 88,657 33,436 51,591 85,027 Environmental Services General Funds Other Funds Total Environmental Services 24,482 781,472 805,954 5,855 142,739 148,594 4,961 131,148 136,109 Debt Service General Funds Other Funds Total Debt Service 132,070 132,070 21,903 21,903 22,138 22,138 25,007 999,480 1,024,487 788 348,618 349,406 738 23,106 23,844 American Rescue Plan Act General Funds Other Funds Total American Rescue Plan Act 404,900 404,900 2,292 2,292 - Vacancy Savings General Funds Other Funds Total Vacancy Savings (11,000) (11,000) - - Contingencies General Funds Other Funds Total Contingencies 124,164 79,500 203,664 - - 1,607,616 3,602,906 5,615,422 263,952 987,393 1,253,637 $ 233,680 593,777 827,457 $ Criminal Justice General Funds Other Funds Total Criminal Justice Capital Improvement General Funds Other Funds Total Capital Improvement Total Operating General Funds Other Funds Total Operating Budget $ 171,391 35,889 207,280 $ $ - 25 - 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 AUGUST 30 2021 2020 Budget Estimate 2021-2022 Source Actual Year-to-Date 2021-2022 2020-2021 General Funds $ 61,804,595 208,140 62,012,735 $ 59,936,587 81,595 Local Taxes: Sales Taxes Privilege License Fees $ 547,396,684 2,800,000 $ 105,852,855 469,799 $ 101,519,630 126,840 60,018,182 Total Local Taxes 550,196,684 106,322,654 101,646,470 18,124,087 18,277,429 5,328,938 14,482,256 20,019,770 7,691,884 State Shared Taxes: State Sales Tax State Income Tax Vehicle License Tax 197,945,000 219,316,000 79,100,000 44,662,631 36,554,858 15,781,451 37,393,843 40,039,540 17,790,354 41,730,454 42,193,910 496,361,000 96,998,940 95,223,737 700,321 939,201 Primary Property Tax 191,294,000 (219,543) (90,197) 292,227 276,379 Licenses and Permits 2,771,000 431,649 384,837 0 2,539,106 Cable Communications 9,600,000 746 (60,894) 759,328 103,665 Municipal Court: Fines and Forfeitures Court Default Fee 8,956,050 1,451,000 1,450,265 177,979 1,495,061 220,224 740,013 87,703 827,716 862,993 490,400 448,752 Total State Shared Taxes Total Municipal Court Police Library Fees 10,407,050 1,628,244 1,715,285 13,107,604 1,659,125 1,297,724 49,005 5,338 482,634 135,212 (65,336) 417,787 182,797 Parks and Recreation 4,092,621 925,766 389,236 211,041 98,364 Planning and Development 1,496,700 396,077 220,539 1,085,849 242,109 Street Transportation 6,462,738 3,560,179 646,932 Fire: Emergency Transportation Service Hazardous Materials Inspection Fee Other 33,500,000 1,500,000 16,598,713 7,607,494 118,200 2,920,729 5,332,923 118,150 2,396,981 51,598,713 10,646,423 7,848,054 5,550,000 514,425 996,141 21,489,197 63,950 493,993 21,677,636 68,400 2,154,331 22,047,140 23,900,367 236,797 428,035 Interest 803,599 876,532 Other Fees and Service Charges 130,905,071 133,012,065 Total Fire Total General Funds 26 12,354,781 2,630,664 1,454,031 1,355,775,525 225,630,561 211,606,559 Citywide Operating Revenue by Source (continued) For the Month Ended AUGUST 30 2021 2020 Budget Estimate 2021-2022 Source Actual Year-to-Date 2021-2022 2020-2021 Special Revenue and Debt Service Funds $ 3,084,758 220,340 1,101,700 148,066 $ 4,554,864 9,638,874 3,348,910 12,744 $ $ $ 13,000,528 2,745,352 196,096 980,483 47,502 Neighborhood Protection: Police Neighborhood Protection Police Blockwatch Fire Neighborhood Protection Interest/Other 3,969,433 Total Neighborhood Protection 7,845,593 2,531,338 22,532 10,399,463 4,448,767 $ 4,137,368 212,546 0 167,307 1,105 36,204 $ $ $ $ $ 219,343 0 152,118 1,478 38,493 417,162 30,001,851 1,003,778 $ $ 31,005,629 $ Public Safety Enhancement & Expansion Police Fire Interest/Other Total Public Safety Enhancement & Expansion 28,150,485 2,010,822 10,053,100 405,446 $ 4,774,421 341,030 1,705,151 158,593 $ 4,335,284 309,663 1,548,316 69,932 40,619,853 6,979,195 6,263,195 79,660,712 25,473,909 320,352 14,154,117 4,714,755 28,739 11,406,801 3,395,176 56,749 105,454,973 18,897,611 14,858,726 Parks and Preserves 42,099,308 6,906,642 6,495,238 Golf Courses: Fees Coffee Shops Concessions Interest Other 4,296,600 0 2,180,725 10,000 306,300 454,938 0 347,260 2,434 87,456 459,670 0 318,941 3,218 78,767 411,432 Total Golf Courses 6,793,625 892,088 860,596 26,759,318 915,223 Transit 2000 & 2050: Sales Taxes Interest/Other 274,395,647 27,973,297 46,534,250 2,753,538 42,336,358 2,237,941 302,368,944 49,287,788 44,574,299 Court Awards 5,295,826 41,650 0 Planning and Development 71,428,000 25,545,837 19,011,570 27,674,541 Total Transit 2000 & 2050 0 $ 0 8,929,646 $ 4,740,629 658,139 $ 826,556 Capital Construction 7,591,654 1,095,551 1,424,379 712,989 55,497 Sports Facilities: Sales Taxes Interest/Other 15,577,677 4,239,952 2,997,204 44,355 1,238,529 110,792 19,817,629 3,041,559 1,349,321 1,763,571 21,091 1,784,662 $ $ 768,486 Total Sports Facilities 27 Citywide Operating Revenue by Source (continued) For the Month Ended AUGUST 30 2021 2020 Source Budget Estimate 2021-2022 Actual Year-to-Date 2021-2022 2020-2021 148,960,000 750,000 5,000 24,425,192 77,909 146,300 21,885,563 156,093 182 149,715,000 24,649,401 22,041,838 Special Revenue and Debt Service Funds (Cont'd) $ 12,239,192 37,338 146,300 11,942,563 73,689 182 12,422,830 12,016,434 - $ - Highway User Revenue: Highway User Revenue Interest Other Total Highway User Revenue Local Transportation Assistance 0 0 0 531,734 1,279,820 Regional Transit Revenues 38,945,335 1,063,614 2,616,831 135,901 57,339 Community Reinvestment 5,862,535 605,287 55,815 (860,691) 430,314 Other Restricted Fees 36,384,438 (4,334,023) (4,575,038) 7,677,450 96,223,329 25,464,757 995,135 19,043,905 2,403,018 962,743 18,844,976 1,255,643 129,365,536 22,442,058 21,063,362 72,694,413 240,755,810 70,581,150 524,157,259 (5,082,801) (29,493,212) (4,958,603) 5,661,777 (583,917) (42,219,412) (2,055,980) (15,147,638) 608,866 7,961,306 1,020,039 618,290 8,435,864 619,046 9,590,211 9,673,200 1,309,407 734,985 2,330,393 3,227,845 679,058 3,615,047 16,541 2,738,150 Grants: Public Housing: Rentals Grants Other $ Total Public Housing Other: Human Resources Federal Transit Administration Community Development Other 7,602,630 7,048,796 Total Other 908,188,632 (33,872,839) (60,006,947) 17,192,841 16,721,996 Total Grants 1,037,554,168 (11,430,781) (38,943,585) 441,461 0 602,342 1 119,288,943 4,396,670 (128,680) 0 12,055 (1,841,899) 441,461 602,343 123,685,613 (128,680) (1,829,844) 94,663,473 84,036,154 1,993,616,901 123,112,739 74,203,341 119,690,864 271,910,885 5,711,000 8,827,798 2,883,830 3,521,570 0 15,545,130 52,918,861 138,296 811,861 501,874 642,758 120,934 13,571,147 21,004,558 496,510 (8,324,380) 496,962 529,245 279,111 412,545,947 70,679,714 28,053,153 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: 8,146,733 24,480,240 64,203 567,083 248,669 379,987 57,947 7,080,007 (5,473,512) 236,829 169,424 252,466 268,028 132,796 33,944,862 2,666,038 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 AUGUST 30 2021 2020 Budget Estimate 2021-2022 Source Actual Year-to-Date 2021-2022 2020-2021 Enterprise Funds (Cont'd) CONVENTION CENTER: $ 6,582,703 1,043,322 16,807 4,693,265 183,652 48,257 7,642,832 4,925,174 40,556,544 217,228 543,704 915,452 357,120 108,228 (319,014) 51,287,699 208,675 416,728 1,227,171 323,610 205,285 (160,632) 42,379,262 53,508,536 Excise Taxes Operating Revenue Interest Total Convention Center 57,195,956 18,000,000 800,000 9,412,308 1,574,123 34,997 7,032,794 365,826 100,581 75,995,956 11,021,428 7,499,201 457,546,975 5,000,000 5,610,000 8,792,000 4,900,000 8,317,000 (2,469,270) 94,908,054 437,460 6,716,621 1,786,933 1,164,660 221,958 (4,600,857) 107,157,259 443,211 2,057,035 1,880,538 873,750 424,370 (1,508,616) 487,696,705 100,634,829 111,327,547 WATER SYSTEM: $ Water Sales Water Service Fees Distribution Intergovernmental Development Fees Interest Other $ Total Water System WASTEWATER: 17,698,470 2,036,465 338,640 151,282 1,746,524 17,387,481 2,282,629 310,800 272,676 2,537,396 Sewer Service Charges Multi-City Development Fees Interest Other 210,134,198 15,721,355 4,700,000 3,611,000 20,529,855 35,245,692 3,850,465 1,147,140 312,778 3,425,847 34,624,957 3,954,629 811,230 553,239 4,051,871 21,971,381 22,790,982 Total Wastewater 254,696,408 43,981,922 43,995,926 171,158,281 12,496,485 500,800 5,714,310 28,489,596 2,420,521 34,212 2,138,650 25,510,331 1,705,282 61,426 1,231,470 189,869,876 33,082,979 28,508,509 1,420,804,892 259,400,872 219,384,336 SOLID WASTE: $ 14,235,645 1,365,760 16,707 811,407 12,752,543 874,798 29,908 1,117,619 16,429,519 14,774,868 122,367,856 98,665,598 347,936,400 $ 315,713,817 Collection Fees Landfill Fees Interest Other Total Solid Waste Total Enterprise Funds Total Operating Revenues $ 4,770,197,318 29 $ 608,144,172 $ 505,194,236 Citywide Operating Expenditures by Program For the Month Ended AUGUST 30 2021 2020 Program Budget Estimate 2021-2022 2021-2022 Year-to-Date Operating Expenditures & Encumbrances Capital Operations and Debt Actual Year-to-Date 2021-2022 2020-2021 General Government $ 260,146 $ 465,766 924,015 6,230,406 214,530 350,826 473,579 2,972,121 184,227 478,880 1,770,263 229,484 13,061 459,148 2,722,188 (2,031,925) 127,792 298,802 426,599 6,999,246 229,427 206,582 180,794 1,674,518 139,606 237,688 1,239,850 172,954 8,818 279,386 2,971,846 222,246 15,716,715 15,416,152 Mayor $ City Council City Manager Information Technology Services Government Relations Public Information Equal Opportunity Law City Auditor City Clerk Human Resources Retirement Systems Phoenix Employment Relations Board Budget and Research Finance Regional Wireless Cooperative Total General Government 2,322,528 5,577,004 8,826,394 62,813,339 1,259,397 3,159,291 3,453,183 25,947,034 3,174,007 7,475,019 20,125,252 124,177 4,310,873 53,227,261 5,484,955 $ 422,155 818,842 1,647,045 11,975,751 279,295 624,863 773,730 4,866,460 465,279 1,125,412 2,958,576 394,948 27,706 946,706 5,583,839 (1,761,627) $ 264,642 616,748 1,056,502 14,509,259 316,985 452,705 439,086 3,998,222 361,388 634,358 2,476,024 377,233 19,460 635,273 11,808,689 (2,078,112) $ 422,155 818,842 1,647,045 11,667,907 279,295 624,863 773,730 4,866,460 465,279 1,125,412 2,898,106 394,948 27,706 946,706 4,929,726 (1,761,627) 307,844 60,469 654,113 - 207,279,714 31,148,980 35,888,463 30,126,553 1,022,427 42,565,455 5,634,405 7,125,235 901,337 6,982,980 783,339 6,279,174 901,337 846,061 - 48,199,860 8,026,572 7,766,319 7,180,511 846,061 787,047,218 462,514,635 689,995 128,672,139 81,540,037 204,806 122,531,355 67,306,468 239,467 128,615,594 81,497,039 204,806 56,545 42,999 - 1,250,251,848 210,416,982 190,077,290 210,317,438 99,544 Criminal Justice 4,059,496 466,276 3,291,918 384,005 4,525,772 3,675,923 Municipal Court Public Defender Total Criminal Justice Public Safety 62,775,439 48,745,949 145,247 54,736,032 29,753,611 141,731 111,666,635 84,631,374 Police Fire Other Total Public Safety -30- Citywide Operating Expenditures by Program (continued) For the Month Ended AUGUST 30 2021 2020 Budget Estimate 2021-2022 Program 2021-2022 Year-to-Date Operating Expenditures & Encumbrances Capital Operations and Debt Actual Year-to-Date 2021-2022 2020-2021 Transportation $ 14,829,585 658,126 26,583,511 12,205,536 54,276,759 $ 12,994,910 608,665 24,353,443 126,313,461 Street Transportation Street Lighting Aviation Public Transit 164,270,479 Total Transportation $ 109,015,415 8,608,167 439,526,868 295,006,507 $ 27,513,729 2,940,153 124,056,710 200,726,570 $ 25,765,281 2,613,592 54,983,939 203,650,378 $ 27,332,637 2,940,153 109,497,822 200,726,570 181,091 14,558,888 - 852,156,957 355,237,161 287,013,191 340,497,182 14,739,979 Community Development 7,001,322 6,973,430 1,119,827 3,050,792 4,890,463 8,139,380 3,252,246 2,183,858 Planning and Development Housing Economic Development Neighborhood Services Department 81,254,299 113,580,586 17,793,336 81,397,917 12,686,786 18,219,270 1,918,729 5,129,892 10,816,437 17,331,943 6,620,416 4,826,351 12,686,786 18,206,922 1,266,988 5,129,892 12,347 651,740 - 18,145,371 18,465,947 Total Community Development 294,026,138 37,954,676 39,595,147 37,290,588 664,088 124,466,232 44,860,208 64,404,482 12,708,486 147,637,246 4,582,155 4,772,747 23,033,380 11,876,745 22,600,344 2,117,781 24,618,917 3,209,989 1,199,556 19,366,890 11,407,708 24,375,547 1,118,694 22,904,756 3,245,326 2,607,680 23,029,463 11,876,745 19,138,950 24,618,199 3,209,989 1,199,556 3,917 3,461,394 2,117,781 718 - 403,431,556 88,656,712 85,026,602 83,072,902 5,583,810 Community Enrichment 12,382,956 7,661,753 4,877,165 1,058,890 13,245,958 62,545 1,134,420 8,462,752 3,333,658 5,230,535 645,014 9,081,187 85,742 1,094,219 40,423,686 27,933,107 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 AUGUST 30 2021 2020 Budget Estimate 2021-2022 Program 2021-2022 Year-to-Date Operating Expenditures & Encumbrances Capital Operations and Debt Actual Year-to-Date 2021-2022 2020-2021 Environmental Services $ 33,463,021 $ 14,733,289 19,099,606 (4,525,547) 212,610 111,710 28,583,510 14,281,476 11,179,518 2,320,869 151,792 65,116 63,094,690 56,582,281 Water System Wastewater Solid Waste Management Public Works Environmental Programs Manager's Office of Sustainability Total Environmental Services $ 403,108,191 185,472,296 184,719,208 29,747,566 1,996,649 910,264 $ 72,544,634 36,406,449 32,478,745 6,632,125 343,284 188,892 $ 69,316,465 32,999,802 26,513,546 6,659,531 468,995 150,366 $ 50,601,811 24,687,845 30,098,066 5,567,595 343,284 188,892 21,942,822 11,718,603 2,380,678 1,064,530 37,106,634 805,954,174 148,594,128 136,108,705 111,487,494 20,259,518 3,436,251 727,775 8,038,829 540,525 2,835,631 2,224,501 15,125,282 7,206,372 654,475 20,130,840 10,676,016 4,347,610 1,087,432 650,036 946,500 20,795,916 12,039,192 25,550 321,429 3,376,586 572,708 121,296 1,339,805 90,088 472,605 370,750 2,520,880 1,201,062 109,079 3,355,140 1,779,336 724,602 181,239 157,750 3,465,986 2,006,532 4,258 53,572 2,820,756 705,298 133,669 1,304,088 89,829 1,105,259 411,957 2,587,487 1,175,129 126,895 3,320,443 1,605,651 855,178 246,239 157,000 3,402,894 1,826,266 3,525 53,572 3,376,586 572,708 121,296 1,339,805 90,088 472,605 370,750 2,520,880 1,201,062 109,079 3,355,140 1,779,336 724,602 181,239 157,750 3,465,986 2,006,532 4,258 53,572 - General Obligation Debt Service 1,688,293 286,354 60,648 669,902 45,044 236,303 185,375 1,260,440 600,531 54,540 1,677,570 889,668 362,301 90,619 78,875 1,732,993 1,003,266 2,129 26,786 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 10,951,637 11,172,850 Total Debt Service 132,069,680 21,903,273 22,138,417 21,903,273 - 345,834,056 12,169,318 Capital Improvement 23,843,580 349,405,654 - 2,292,441 - 2,069,428 $ 664,635,320 Cultural Facilities Downtown Development Economic Development Fire Protection Freeway Mitigation Historic/Neighborhood Preservation Human Services Information Systems Libraries Maintenance Service Centers Mountain Preserves/Parks Police Protection Public Housing Renovation Sanitary Sewers Secondary Property Tax Solid Waste Enterprise Bonds Storm Sewer Improvements Street Improvements Street Light Refinancing Water System 1,024,487,040 349,405,654 - American Rescue Plan Act 404,900,000 2,292,441 - Vacancy Savings (11,000,000) - Contingencies 394,317,431 - 203,664,420 - 5,615,421,387 1,253,636,580 -32- 827,457,714 1,193,574,037 60,062,542 Capital Expenditures and Encumbrances 2021-2022 Program General Government Arts and Cultural Facilities Economic Development Facilities Management Finance Fire Protection 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 $ $ $ 2020-2021 Actual Yearto-Date Actual Yearto-Date From Operating Funds Budget Actual 902,484 $ 9,449,804 25,692,111 8,000,000 37,132,633 46,012,971 600,000 19,331,192 5,621,283 13,906,226 84,033,892 3,648,000 24,412,000 409,110,166 6,001,000 334,072,971 $ (9,740,671) 617,314 262,911 313,255 2,458,299 99,262 3,468 128,108 510,391 11,314,206 537,758,548 38,249,823 $ 22,766,207 920,167 1,339,648 1,111,575 15,654 10,577 80,443 1,438,346 171,376 81,299,534 318 12,660,866 1,027,926,733 $ 581,974,914 $ 121,814,711 $ $ 429,068,664 40,136,585 31,068,570 248,806,560 405,045,933 1,154,126,312 $ $ 15,054,187 4,156,737 581,383 70,934,563 39,965,304 130,692,173 $ 2,182,053,045 $ 712,667,087 - $ 9,449,804 16,494,688 11,262,645 34,063,845 9,680,493 955,000 13,906,226 68,307,798 3,648,000 $ 337,696,715 169,955,683 902,484 $ 9,197,423 8,000,000 25,869,988 11,949,126 600,000 9,650,699 4,666,283 15,726,094 24,412,000 71,413,451 6,001,000 164,117,288 $ (10,000,000) 95,272 112,347 98,182 87,167 12,407 11,314,206 228,941,315 31,185,824 902,484 19,190,475 25,074,797 7,737,089 36,819,378 43,554,672 600,000 19,231,930 5,617,815 13,778,119 83,523,501 3,648,000 13,097,794 (128,648,382) 6,001,000 295,823,148 675,420,897 $ 320,128,194 352,505,836 $ 261,846,720 445,951,819 $ $ $ 224,107,044 $ 1,024,487,040 - 33 - Unencumbered Budget $ 259,329 522,043 262,911 200,908 2,360,117 12,095 3,468 128,108 497,984 308,817,232 7,063,999 66,468,715 7,790,088 1,090,734 11,380,352 15,562,444 102,292,333 $ 2021-2022 Year-to-Date Capital Amounts From Capital Funds Budget Actual 126,454,037 15,638,135 9,343,623 69,595,302 128,035,046 349,066,143 $ $ 1,023,973 73,662 484,132 7,574,822 20,120,871 29,277,460 $ $ 349,405,654 $ $ $ 302,614,627 24,498,450 21,724,947 179,211,258 277,010,887 805,060,169 $ 1,157,566,005 $ $ $ 14,030,214 4,083,075 97,251 63,359,742 19,844,432 101,414,714 $ 414,014,477 35,979,848 30,487,187 177,871,997 365,080,629 1,023,434,139 $ 363,261,433 $ 1,469,385,958 Bonds Authorized and Sold As of AUGUST 30 (dollars in thousands) Authorized Sold Available 1988 Authorizations General Obligation Bonds Freeway Mitigation, Neighborhood Stabilization, and Slum and Blight Elimination $ Bonds Fully Issued Total General Obligation Bonds Revenue Bonds Bonds Fully Issued Total 1988 Authorizations 29,285 884,175 $ 28,285 884,175 $ 1,000 - 913,460 912,460 1,000 143,890 143,890 - 1,057,350 1,056,350 1,000 66,300 125,300 24,800 61,500 12,000 33,000 91,500 74,000 77,000 78,800 66,000 43,700 64,600 124,685 24,170 60,700 11,205 32,100 89,275 71,645 72,575 77,685 65,950 43,700 1,700 615 630 800 795 900 2,225 2,355 4,425 1,115 50 - 753,900 738,290 15,610 81,000 11,100 198,700 12,800 104,622 74,705 29,178 115,500 107,295 78,200 65,400 63,385 8,510 190,610 8,345 85,510 61,200 21,100 102,290 81,900 58,135 61,770 17,615 2,590 8,090 4,455 19,112 13,505 8,078 13,210 25,395 20,065 3,630 878,500 742,755 135,745 2001 Authorization General Obligation Bonds Education, Youth and Family Cultural Facilities Computer Technology Environmental Cleanup Fire Protection Historic Preservation Library Facilities Street Improvements Neighborhood Protection and Senior Centers Parks, Open Space, and Recreational Facilities Police Protection Storm Sewer and Flood Protection Bonds Fully Issued Total 2001 Authorizations 2006 Authorization General Obligation Bonds Affordable Housing and Neighborhood Revitalizatio Computer Technology Education and Health Science Facilities Environmental Cleanup Family, Senior, and Youth Cultural Facilities Fire Protection Library Facilities and Improvements Parks, Open Space, and Recreational Facilities Police Protection Street Improvements Storm Sewer and Flood Protection Total 2006 Authorizations Total Bond Program $ 2,689,750 - 34 - $ 2,537,395 $ 152,355 Appendix A Additional historic and trend information for various revenue streams. Local Sales Tax (Dollars in Thousands) Local Sales Tax 70,000 17-18 Actuals 60,000 18-19 Actuals 19-20 Actuals 50,000 20-21 Actuals 40,000 21-22 Actuals 21-22 Budget 30,000 20,000 10,000 July FY 17-18 18-19 19-20 20-21 21-22 21-22 Budget Aug July 17,068 29,246 33,070 41,583 44,048 33,359 Sept Aug 43,895 32,982 36,653 59,937 61,805 47,837 YTD thru August 60,963 62,228 69,723 101,520 105,853 81,196 Oct Nov Sept 33,757 32,919 56,465 33,935 43,317 Dec Oct 42,559 52,159 31,089 45,467 47,232 Jan Nov 31,868 33,971 40,325 52,188 43,668 Feb Dec 33,857 53,513 51,643 39,837 49,321 Note: City of Phoenix revenue is budgeted on an annual basis. 2021-22 monthly budget amounts are based on an allocation of the annual budget. Monthly budget amounts are calculated based on an allocation of FY 2017-18 through FY 2020-21 actual expenditures. Return to Summary Page - A1 - Jan 41,041 35,343 39,512 42,051 43,557 Mar Feb 36,368 38,579 33,570 32,672 38,935 Apr May June Mar 32,970 39,641 61,093 63,749 54,451 Apr 48,534 46,770 29,662 40,758 45,701 May 33,061 27,146 35,239 40,197 37,406 June 45,459 64,281 50,222 67,088 62,613 State Sales Tax (Dollars in Thousands) State Sales Tax 30,000 17-18 Actuals 25,000 18-19 Actuals 19-20 Actuals 20,000 20-21 Actuals 15,000 21-22 Actuals 21-22 Budget 10,000 5,000 July FY 17-18 18-19 19-20 20-21 21-22 21-22 Budget Aug July 11,773 18,836 20,116 22,912 26,539 20,994 Aug 12,260 13,749 14,944 14,482 18,124 15,805 Sept YTD thru August 24,033 32,585 35,060 37,394 44,663 36,799 Oct Nov Sept 17,561 12,476 11,479 13,123 15,578 Dec Jan Feb Mar Apr May June Oct 10,963 10,922 14,226 18,038 15,438 Nov 13,678 15,747 16,443 13,095 16,811 Dec 13,707 14,902 12,120 19,640 17,212 Jan 13,334 12,154 17,440 19,033 17,666 Feb 13,322 15,369 17,707 10,831 16,316 Mar 13,651 13,689 12,285 15,878 15,824 Apr 12,631 14,284 18,557 23,414 19,640 Note: City of Phoenix revenue is budgeted on an annual basis. 2021-22 monthly budget amounts are based on an allocation of the annual budget. Monthly budget amounts are calculated based on an allocation of FY 2017-18 through FY 2020-21 actual expenditures. Return to Summary Page - A2 - May 13,603 14,640 11,288 17,998 16,402 June 9,515 8,298 5,321 12,848 10,259 Vehicle License Tax (Dollars in Thousands) Vehicle License Tax 12,000 17-18 Actuals 11,000 18-19 Actuals 10,000 9,000 19-20 Actuals 8,000 20-21 Actuals 7,000 21-22 Actuals 6,000 21-22 Budget 5,000 4,000 3,000 2,000 July FY 17-18 18-19 19-20 20-21 21-22 21-22 Budget Aug Sept Oct July 9,008 9,422 10,791 10,098 10,453 10,827 Aug 4,830 5,782 5,619 7,692 5,328 6,588 YTD thru August 13,838 15,204 16,410 17,790 15,781 17,415 Nov Dec Jan Feb Sept 5,152 5,349 5,207 6,207 6,035 Oct 5,670 6,492 6,146 7,328 7,059 Nov 4,904 4,886 5,408 4,608 5,454 Dec 5,741 5,800 5,891 6,529 6,598 Note: City of Phoenix revenue is budgeted on an annual basis. 2021-22 monthly budget amounts are based on an allocation of the annual budget. Monthly budget amounts are calculated based on an allocation of FY 2017-18 through FY 2020-21 actual expenditures. Return to Summary Page - A3 - Mar Jan 5,470 6,143 6,514 7,328 7,010 Apr Feb 5,714 5,490 6,528 5,568 6,416 May Mar 5,493 5,943 5,960 6,411 6,556 June Apr 5,593 5,668 5,110 7,162 6,480 May 5,602 5,959 4,699 6,472 6,260 June 3,607 3,276 2,611 4,365 3,816 Governmental Funds Revenue (Dollars in Thousands) Governmental Funds Revenue 500,000.00 2017-18 Actuals 450,000.00 2018-19 Actuals 400,000.00 2019-20 Actuals 350,000.00 2020-21 Actuals 300,000.00 2021-22 Actuals 250,000.00 21-22 Budget 200,000.00 150,000.00 100,000.00 50,000.00 - FY 17-18 18-19 19-20 20-21 21-22 21-22 Budget July Aug July 98,501 131,124 100,481 68,761 123,174 122,524 Aug 185,527 168,019 187,393 217,048 225,569 243,150 Sept YTD thru August 284,028 299,143 287,874 285,809 348,743 365,674 Oct Nov Sept 176,701 152,605 194,506 260,275 255,683 Oct 189,075 198,474 175,883 215,731 255,315 Dec Jan Feb Nov 226,848 247,632 269,127 298,362 337,794 Dec 192,262 221,971 226,582 236,818 288,968 Jan 187,522 170,844 209,806 216,626 257,819 Note: City of Phoenix revenue is budgeted on an annual basis. 2021-22 monthly budget amounts are based on an allocation of the annual budget. Monthly budget amounts are calculated based on an allocation of FY 2017-18 through FY 2020-21 actual expenditures. Return to Summary Page - A4 - Mar Apr Feb 176,559 173,462 187,061 178,738 237,296 May Mar 167,449 187,169 217,521 272,444 276,766 June Apr 217,138 210,659 180,484 316,241 313,183 May 223,002 245,256 226,625 277,929 321,346 June 252,080 280,540 378,887 362,173 439,548 Aviation Revenues (Dollars in Thousands) Aviation Operating Revenues 100,000 17-18 Actuals 90,000 18-19 Actuals 80,000 19-20 Actuals 70,000 20-21 Actuals 60,000 21-22 Actuals 50,000 21-22 Budget 40,000 30,000 20,000 10,000 July FY 17-18 18-19 19-20 20-21 21-22 21-22 Budget Aug Sept Oct July 26,403 31,468 30,489 25,387 36,735 30,581 Aug 34,965 32,105 32,307 2,666 33,945 27,434 YTD thru August 61,368 63,573 62,796 28,053 70,680 58,015 Nov Dec Jan Feb Mar Apr Sept 30,148 31,728 32,953 27,193 32,806 Oct 29,291 31,719 32,056 21,045 30,679 Nov 21,702 32,312 33,532 23,880 29,957 Dec 38,212 30,496 36,787 31,636 36,868 Jan 32,543 31,205 34,297 18,059 31,215 Feb 30,671 32,944 34,215 61,877 42,937 Note: City of Phoenix revenue is budgeted on an annual basis. 2021-22 monthly budget amounts are based on an allocation of the annual budget. Monthly budget amounts are calculated based on an allocation of FY 2017-18 through FY 2020-21 actual expenditures. Return to Summary Page - A5 - May Mar 33,070 33,075 34,228 25,487 33,838 June Apr 37,265 37,847 27,255 31,454 35,978 May 32,447 34,396 23,524 30,668 32,540 June 38,986 35,938 10,702 91,844 47,713 Water System Revenues (Dollars in Thousands) Water System Operating Revenues 70,000 17-18 Actuals 60,000 18-19 Actuals 19-20 Actuals 50,000 20-21 Actuals 40,000 21-22 Actuals 21-22 Budget 30,000 20,000 10,000 July FY 17-18 18-19 19-20 20-21 21-22 21-22 Budget Aug July 54,624 49,797 52,660 57,819 58,256 58,764 Sept Aug 44,633 46,762 51,596 53,509 42,379 53,733 Oct YTD thru August 99,257 96,559 104,256 111,328 100,635 112,497 Nov Dec Jan Feb Mar Apr May June Sept 44,819 44,112 47,319 52,454 51,601 Oct 39,391 35,672 40,300 47,335 44,490 Nov 38,890 31,619 38,339 42,280 41,326 Dec 27,184 25,048 26,405 33,139 30,565 Jan 25,186 22,565 25,330 28,579 27,799 Feb 22,704 21,558 25,643 25,188 26,003 Mar 23,806 20,138 24,861 28,415 26,585 Apr 31,392 31,150 29,080 37,714 35,367 Note: City of Phoenix revenue is budgeted on an annual basis. 2021-22 monthly budget amounts are based on an allocation of the annual budget. Monthly budget amounts are calculated based on an allocation of FY 2017-18 through FY 2020-21 actual expenditures. Return to Summary Page - A6 - May 38,031 36,293 40,442 42,556 43,020 June 43,736 38,106 52,141 43,174 48,444 Wastewater Revenues (Dollars in Thousands) Wastewater Operating Revenues 27,000 17-18 Actuals 18-19 Actuals 22,000 19-20 Actuals 20-21 Actuals 17,000 21-22 Actuals 21-22 Budget 12,000 7,000 2,000 July FY 17-18 18-19 19-20 20-21 21-22 21-22 Budget Aug July 18,615 17,949 18,374 21,205 22,011 19,596 Sept Aug 22,957 20,417 24,593 22,791 21,971 23,357 Oct YTD thru August 41,572 38,366 42,967 43,996 43,982 42,953 Nov Dec Jan Feb Mar Apr May June Sept 19,811 21,145 21,373 21,844 21,662 Oct 20,195 23,028 20,975 22,234 22,243 Nov 20,386 19,734 21,142 18,577 20,547 Dec 20,097 20,469 20,888 24,461 22,110 Jan 20,584 22,113 22,063 18,430 21,409 Feb 19,499 19,436 20,973 24,355 21,685 Mar 20,517 19,960 21,613 21,754 21,577 Apr 18,079 21,256 18,428 21,584 20,420 Note: City of Phoenix revenue is budgeted on an annual basis. 2021-22 monthly budget amounts are based on an allocation of the annual budget. Monthly budget amounts are calculated based on an allocation of FY 2017-18 through FY 2020-21 actual expenditures. Return to Summary Page - A7 - May 20,160 20,980 23,948 20,085 21,919 June 18,345 16,544 18,289 17,424 18,170