September 2021 Monthly Financial Report PREPARED BY Financial Accounting & Reporting Division September 30, 2021 To the Mayor and City Council: This is the City's Financial Report for September, the third 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 10, 2021 CITY AUDITOR REPORT To the Chief Financial Officer, We have assessed the Finance Department’s (Finance) September 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 September 2021 Table of Contents Expenditures by Programs Page Performance Status General Fund Expenditures General Fund Total Expenditures 1 Monitor and Consider Taking Action General Government 1 Monitor and Consider Taking Action Better than Expected Criminal Justice 2 Public Safety 2 Expected Transportation 3 Better than Expected Community Development 3 Better than Expected Community Enrichment 4 Better than Expected Environmental Services 4 Monitor and Consider Taking Action Citywide Expenditures Citywide Total Operating Expenditures 5 Better than Expected General Government 5 Better than Expected Better than Expected Criminal Justice 6 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 Better than 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 Monitor and Consider Taking Action 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 Monitor and Consider Taking Action Governmental Funds 18 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. September General Fund YTD Expenditures (Dollars in Thousands) Total General Fund Expenditures 17-18 18-19 19-20 20-21 21-22 September YTD Annual % of Annual Expenditures Expenditures * Expenditures 319,097 1,177,280 27.1% 315,877 1,214,362 26.0% 348,465 1,282,831 27.2% 355,060 1,371,152 25.9% 392,206 1,494,454 26.2% * - For prior years-total actual expenditures, for current year-total approved budget net of adjustment for contingencies. Monitor and Consider Taking Action Refer to detailed financial schedules pages 22 thru 34 Total General Fund General Government $1,600,000 $1,400,000 $1,400,000 $1,200,000 $1,200,000 $1,000,000 $1,000,000 $800,000 $800,000 September September YTD YTD Expenditures Expenditures $600,000 $600,000 Annual Annual Expenditures Expenditures * * $400,000 $400,000 $200,000 $200,000 $0 $0 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 September are 10.5% 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 September YTD Annual % of Annual Expenditures Expenditures * Expenditures 33,459 110,408 30.3% 34,439 114,393 30.1% 43,286 123,100 35.2% 39,821 154,211 25.8% 44,696 171,391 26.1% * - 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 September YTD September Expenditures 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 September are 12.2% 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 September 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 September YTD Annual % of Annual Expenditures Expenditures * Expenditures 8,427 32,232 26.1% 8,733 33,387 26.2% 9,072 35,033 25.9% 9,455 36,162 26.1% 10,176 39,858 25.5% * - 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 September 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 September are 7.6% 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 September YTD Annual % of Annual Expenditures Expenditures * Expenditures 216,079 817,960 26.4% 214,322 841,467 25.5% 228,645 893,403 25.6% 243,169 925,920 26.3% 264,946 999,730 26.5% $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 September YTD Expenditures $800,000 $600,000 $400,000 Annual Expenditures * $200,000 17-18 18-19 19-20 20-21 21-22 Expected 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 September, general fund public safety expenditures are 9.0% 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 September 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 September YTD Annual % of Annual Expenditures Expenditures * Expenditures 7,468 16,366 45.6% 427 18,337 2.3% 1,319 19,748 6.7% 1,216 22,144 5.5% 1,141 23,476 4.9% * - For prior years-total actual expenditures, for current year-total approved budget Better than Expected Community Development Transportation $1 $30,000 $1 Series1 September 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 September, General fund transportation expenditures are 6.2% lower than the same period in the prior fiscal year. Community Development 17-18 18-19 19-20 20-21 21-22 September YTD Annual % of Annual Expenditures Expenditures * Expenditures 5,620 20,243 27.8% 5,398 21,238 25.4% 5,872 22,542 26.0% 6,036 24,114 25.0% 6,892 29,344 23.5% * - 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 September 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 September are 14.2% 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 September General Fund YTD Expenditures (Dollars in Thousands) Refer to detailed financial schedules pages 22 thru 34 Community Enrichment Community Enrichment September YTD Annual % of Annual Expenditures Expenditures * Expenditures 43,129 156,325 27.6% 47,038 156,552 30.0% 51,875 155,417 33.4% 48,558 158,589 30.6% 53,800 181,164 29.7% $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 September 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 September, general fund community enrichment expenditures are 10.8% 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 September YTD Annual % of Annual Expenditures Expenditures * Expenditures 3,971 12,624 31.5% 4,470 16,886 26.5% 6,206 19,180 32.4% 5,916 20,905 28.3% 7,920 24,482 32.4% * - 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 September YTD Expenditures Annual Expenditures * 17-18 Monitor and Consider Taking Action 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 September, general fund environmental services expenditures are 33.9% 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. September 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 September YTD Annual % of Annual Expenditures Expenditures * Expenditures 1,028,490 3,547,078 29.0% 1,159,267 3,775,464 30.7% 1,164,343 3,814,963 30.5% 1,132,651 4,163,122 27.2% 1,394,754 5,423,858 25.7% * - 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 September YTD Expenditures $5,000,000 $4,000,000 $3,000,000 $2,000,000 Annual Expenditures * $1,000,000 $0 17-18 18-19 19-20 20-21 21-22 Better than Expected 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 September are 23.1% 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 September YTD Annual % of Annual Expenditures Expenditures * Expenditures 39,013 134,117 29.1% 35,898 138,349 25.9% 47,785 157,200 30.4% 53,759 207,451 25.9% 47,890 207,280 23.1% * - For prior years-total actual expenditures, for current year-total approved budget Better than Expected General Government $250,000 September 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 September are 10.9% 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 202021 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 September 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 September YTD Annual % of Annual Expenditures Expenditures * Expenditures 10,007 38,411 26.1% 9,289 42,530 21.8% 11,640 44,425 26.2% 11,662 44,147 26.4% 11,944 48,200 24.8% * - For prior years-total actual expenditures, for current year-total approved budget Criminal Justice $60,000 September 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 2.4% higher through September 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 September YTD Annual % of Annual Expenditures Expenditures * Expenditures 252,126 970,771 26.0% 255,209 1,025,513 24.9% 280,210 1,110,457 25.2% 295,089 1,122,901 26.3% 330,645 1,250,252 26.4% * - For prior years-total actual expenditures, for current year-total approved budget Public Safety $1,400,000 $1,200,000 $1,000,000 $800,000 $600,000 $400,000 $200,000 $0 September YTD Expenditures Annual Expenditures * 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 September are 12.0% 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 September 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 September YTD Annual % of Annual Expenditures Expenditures * Expenditures 324,322 709,977 45.7% 308,403 722,667 42.7% 376,502 774,492 48.6% 320,100 786,597 40.7% 402,672 852,157 47.3% * - 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 September 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 25.8% higher through September 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 September YTD Annual % of Annual Expenditures Expenditures * Expenditures 49,376 203,096 24.3% 48,516 195,716 24.8% 51,492 229,793 22.4% 61,899 245,310 25.2% 56,056 294,026 19.1% * - 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 September 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 September are 9.4% 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 September 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 September YTD Annual % of Annual Expenditures Expenditures * Expenditures 77,914 306,763 25.4% 89,027 317,465 28.0% 106,124 316,680 33.5% 116,595 390,805 29.8% 124,178 403,432 30.8% * - 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 September 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 September are 6.5% 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 September YTD Annual % of Annual Expenditures Expenditures * Expenditures 167,479 696,244 24.1% 133,207 670,219 19.9% 183,771 692,524 26.5% 199,645 734,733 27.2% 212,806 805,954 26.4% * - 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 September YTD Expenditures Annual Expenditures * 17-18 18-19 19-20 20-21 21-22 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 6.6% higher through September 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 September 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 September YTD Annual % of Annual Expenditures Expenditures * Expenditures 26,762 106,315 25.2% 134,457 116,634 115.3% 32,597 130,839 24.9% 33,219 131,938 25.2% 32,855 132,070 24.9% $180,000 September YTD Expenditures $120,000 Annual Expenditures * $60,000 * - For prior years-total actual expenditures, for current year-total approved budget net of credit for early redemption fund resources $0 17-18 18-19 19-20 20-21 21-22 Better than Expected General obligation debt service expenditures through September 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) $ $ 222,869 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 $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 21-22 (Budget) 21-22 (YTD) $ $ 430,169 21,362 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) $ 6,256 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) $ 827 Discussion: Solid Waste 21-22 (YTD) 21-22 (Budget) 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. 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 $ 88,625 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 $ 52,215 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 18-19 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. 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 September 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 September YTD Revenues 247,013 237,162 276,016 364,966 318,115 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 21.2% 19.4% 21.1% 24.5% 23.5% * - For prior years - total actual revenues, for current year - total approved budget Monitor and Consider Taking Action 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 September are 12.8% lower 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 270,000 240,000 119,289 115,069 210,000 95,435 101,652 107,555 180,000 Secondary 150,000 120,000 90,000 154,560 162,129 170,209 182,043 17-18 18-19 19-20 20-21 191,294 Primary 60,000 30,000 416 275 21-22 YTD - FY 17-18 18-19 19-20 20-21 21-22 YTD 21-22 Budget Total 249,995 263,781 277,764 297,112 691 310,582 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 1,040 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 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 95,435 162,129 101,652 170,209 107,555 182,043 115,069 416 275 191,294 119,289 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 September are 8.8% higher than the same period in the prior year. Actual local sales tax revenues through September are 18.4% 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 September state shared sales tax revenues are 16.4% 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 September 2021 are 5.6% 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 September 2021 are 14.0% 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 September 2021 are 9.0% 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 September 2021 are 9.9% 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 30,000 25,000 20,000 21-22 Budget 15,000 21-22 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 September 2021 are 9.8% 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 SEPTEMBER 30 (dollars in thousands) Budget Estimate 2021-2022 Actual Year-to-Date 2021-2022 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 $ 547,397 2,800 $ 147,369 $ 816 135,455 337 197,945 219,316 79,100 191,294 2,771 9,600 60,948 54,229 22,144 416 584 1 50,517 60,059 23,997 697 648 (61) 8,956 1,451 13,108 483 4,093 1,497 6,463 2,123 249 2,340 306 1,357 522 3,920 2,151 308 48,294 (61) 653 325 1,439 33,500 1,500 16,599 5,550 12,355 11,165 209 4,063 757 4,597 7,619 196 29,007 1,448 1,936 1,355,775 - 22 - $ 318,115 $ 364,967 General Fund Expenditures As of SEPTEMBER 30 (dollars in thousands) Budget Estimate 2021-2022 Actual Year-to-Date 2021-2022 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 $ 2,323 5,577 8,111 60,150 3,159 2,875 23,864 3,174 7,475 19,275 4,311 29,715 1,384 171,391 $ 659 $ 1,175 1,976 16,924 956 875 6,756 816 1,773 3,768 1,337 6,661 1,022 44,696 452 961 1,117 12,934 694 566 6,652 619 1,148 2,906 987 9,509 1,276 39,820 Criminal Justice Municipal Court Public Defender Total Criminal Justice 34,224 5,634 39,858 8,830 1,346 10,176 8,273 1,182 9,455 Public Safety Police Fire Others Total Public Safety 611,239 388,358 133 999,730 158,261 106,573 112 264,946 155,284 87,752 133 243,169 Transportation Street Transportation Public Transit Total Transportation 21,638 1,838 23,476 (696) 1,837 1,141 (570) 1,786 1,216 Community Development Economic Development Neighborhood Services Department Planning and Development Others Total Community Development 6,884 15,515 5,173 1,772 29,344 1,721 3,960 1,118 94 6,892 1,327 3,644 1,016 50 6,036 Community Enrichment Parks and Recreation Library Human Services Others Total Community Enrichment 108,229 43,865 22,051 7,019 181,164 30,306 15,350 4,975 3,169 53,800 27,167 14,006 4,993 2,392 48,558 Environmental Services Public Works Environmental Programs Others Total Environmental Services 22,728 1,280 474 24,482 7,490 226 204 7,920 5,539 192 185 5,916 Capital Improvement 25,007 2,635 889 Vacancy Savings (11,000) - - Contingencies 124,164 - - 392,206 $ 355,059 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 SEPTEMBER 30 (dollars in thousands) Source General Funds Local Taxes: Sales Taxes Privilege License Fees State Shared Taxes: State Sales Tax State Income Tax Vehicle License Tax Primary Property Tax Licenses and Permits Cable Communications Municipal Court Police Library Fees Parks and Recreation Planning & Development Street Transportation Fire Interest Other Fees and Service Charges Budget Estimate 2021-2022 $ 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 $ 547,397 2,800 Actual Year-to-Date 2021-2022 2020-2021 147,369 $ 816 135,455 337 197,945 219,316 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 60,948 54,229 22,144 416 584 1 2,372 2,340 306 1,357 522 3,920 15,437 757 4,597 50,517 60,059 23,997 697 648 (61) 2,459 48,294 (61) 653 325 1,439 36,823 1,448 1,936 1,355,775 318,115 364,967 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 10,131 28,169 10,395 1,474 70,978 2,270 32,458 1,500 4,235 38,098 (569) 1,182 (437) 16,370 275 12,014 30,492 9,232 1,386 62,502 183 24,882 1,782 2,037 34,700 286 1,847 622 (1,366) 521 1,993,617 216,529 181,118 412,546 75,996 487,697 254,696 189,870 98,982 15,566 147,816 70,929 49,508 55,246 10,795 163,782 65,840 42,099 1,420,805 382,801 337,762 917,445 $ 883,847 4,770,197 - 24 - $ $ Citywide Operating Expenditures As of SEPTEMBER 30 (dollars in thousands) Source General Government General Funds Other Funds Total General Government Actual Year-to-Date 2021-2022 2020-2021 Budget 2021-2022 44,698 $ 3,192 47,890 39,821 13,938 53,759 39,858 8,342 48,200 10,176 1,768 11,944 9,455 2,207 11,662 Public Safety General Funds Other Funds Total Public Safety 999,730 250,522 1,250,252 264,946 65,699 330,645 243,169 51,920 295,089 Transportation General Funds Other Funds Total Transportation 23,476 828,681 852,157 1,141 401,531 402,672 1,216 318,884 320,100 Community Development General Funds Other Funds Total Community Development 29,344 264,682 294,026 6,892 49,164 56,056 6,036 55,863 61,899 Community Enrichment General Funds Other Funds Total Community Enrichment 181,164 222,268 403,432 53,800 70,378 124,178 48,558 68,037 116,595 Environmental Services General Funds Other Funds Total Environmental Services 24,482 781,472 805,954 7,920 204,886 212,806 5,916 193,729 199,645 Debt Service General Funds Other Funds Total Debt Service 132,070 132,070 32,855 32,855 33,219 33,219 25,007 1,000,580 1,025,587 2,635 168,379 171,014 889 39,794 40,683 American Rescue Plan Act General Funds Other Funds Total American Rescue Plan Act 404,900 404,900 4,694 4,694 - 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 - - 1,607,620 3,604,004 5,616,522 392,208 997,852 1,394,754 $ $ 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 $ 171,393 35,887 207,280 $ $ - 25 - 355,060 777,591 1,132,651 Citywide Detail Presents, in detail, the results of the City's operations for the current month and for the fiscal year-to-date. Included are breakdowns of the City's revenues, operating budget expenditures, capital budget expenditures and bonds authorized and sold. Citywide Operating Revenue by Source For the Month Ended SEPTEMBER 30 2021 2020 Budget Estimate 2021-2022 Source Actual Year-to-Date 2021-2022 2020-2021 General Funds $ 41,516,120 346,315 41,862,435 $ 33,935,845 210,413 Local Taxes: Sales Taxes Privilege License Fees $ 547,396,684 2,800,000 $ 147,368,975 816,114 $ 135,455,475 337,253 34,146,258 Total Local Taxes 550,196,684 148,185,089 135,792,728 16,285,641 17,673,908 6,362,581 13,123,124 20,019,770 6,207,084 State Shared Taxes: State Sales Tax State Income Tax Vehicle License Tax 197,945,000 219,316,000 79,100,000 60,948,272 54,228,766 22,144,032 50,516,967 60,059,310 23,997,438 40,322,130 39,349,978 496,361,000 137,321,070 134,573,715 635,513 787,472 Primary Property Tax 191,294,000 415,970 697,275 152,068 263,242 Licenses and Permits 2,771,000 583,717 648,079 0 0 Cable Communications 9,600,000 746 (60,894) 673,208 71,216 655,250 88,085 Municipal Court: Fines and Forfeitures Court Default Fee 8,956,050 1,451,000 2,123,473 249,195 2,150,311 308,309 10,407,050 2,372,668 2,458,620 13,107,604 2,340,189 48,294,238 744,424 743,335 681,064 46,996,514 Total State Shared Taxes Total Municipal Court Police 170,509 4,812 482,634 305,721 (60,524) 431,623 263,727 Library Fees Parks and Recreation 4,092,621 1,357,389 652,963 126,041 104,197 Planning and Development 1,496,700 522,118 324,736 359,940 791,977 Street Transportation 6,462,738 3,920,119 1,438,909 3,557,629 90,350 1,142,107 2,286,082 78,375 26,610,395 Fire: Emergency Transportation Service Hazardous Materials Inspection Fee Other 33,500,000 1,500,000 16,598,713 11,165,123 208,550 4,062,836 7,619,005 196,525 29,007,376 4,790,086 28,974,852 51,598,713 15,436,509 36,822,906 242,297 451,895 Interest 5,550,000 756,722 1,448,036 1,966,581 482,175 Other Fees and Service Charges 92,484,711 153,360,434 Total Fire Total General Funds 26 12,354,781 4,597,245 1,936,206 1,355,775,525 318,115,272 364,966,993 Citywide Operating Revenue by Source (continued) For the Month Ended SEPTEMBER 30 2021 2020 Budget Estimate 2021-2022 Source Actual Year-to-Date 2021-2022 2020-2021 Special Revenue and Debt Service Funds $ 2,179,899 155,707 778,534 37,820 $ 3,151,960 6,861,294 2,397,098 12,992 $ $ $ 9,271,384 1,823,479 130,248 651,242 3,145,877 Neighborhood Protection: Police Neighborhood Protection Police Blockwatch Fire Neighborhood Protection Interest/Other 5,750,846 Total Neighborhood Protection 4,260,215 1,098,537 10,274,647 15,633,399 3,488,363 $ 2,736,660 329,114 0 216,305 1,037 35,153 $ $ $ $ $ 296,797 0 202,366 1,305 24,906 581,609 21,082,174 607,917 $ $ 21,690,091 $ Public Safety Enhancement & Expansion: Police Fire Interest/Other 28,150,485 2,010,822 10,053,100 405,446 $ 6,954,320 496,737 2,483,685 196,413 $ 6,158,763 439,911 2,199,558 3,215,809 40,619,853 10,131,155 12,014,041 79,660,712 25,473,909 320,352 21,015,411 7,111,853 41,731 15,667,016 4,493,713 10,331,396 105,454,973 28,168,995 30,492,125 Parks and Preserves 42,099,308 10,395,005 9,231,898 Golf Courses: Fees Coffee Shops Concessions Interest Other 4,296,600 0 2,180,725 10,000 306,300 784,052 0 563,565 3,471 122,609 756,467 0 521,307 4,523 103,673 Total Public Safety Enhancement & Expansion 525,374 Total Golf Courses 6,793,625 1,473,697 1,385,970 17,816,538 110,767 Transit 2000 & 2050: Sales Taxes Interest/Other 274,395,647 27,973,297 67,616,424 3,361,455 60,152,896 2,348,708 302,368,944 70,977,879 62,501,604 Court Awards 5,295,826 2,270,062 182,619 Planning and Development 71,428,000 32,458,357 24,882,486 17,927,305 Total Transit 2000 & 2050 2,228,412 $ 182,619 6,912,520 $ 5,870,916 404,568 $ 357,169 Capital Construction 7,591,654 1,500,119 1,781,548 627,429 60,085 Sports Facilities: Sales Taxes Interest/Other 15,577,677 4,239,952 4,169,714 65,694 1,865,958 170,877 19,817,629 4,235,408 2,036,835 1,172,510 21,339 1,193,849 $ $ 687,514 Total Sports Facilities 27 Citywide Operating Revenue by Source (continued) For the Month Ended SEPTEMBER 30 2021 2020 Source Budget Estimate 2021-2022 Actual Year-to-Date 2021-2022 2020-2021 148,960,000 750,000 5,000 37,836,028 115,158 146,300 34,469,677 225,930 4,189 149,715,000 38,097,486 34,699,796 Special Revenue and Debt Service Funds (Cont'd) $ 13,410,836 37,249 0 12,584,114 69,837 4,007 13,448,085 12,657,958 - $ - Highway User Revenue: Highway User Revenue Interest Other Total Highway User Revenue 0 0 0 (1,632,452) (2,330,659) Local Transportation Assistance Regional Transit Revenues 38,945,335 (568,838) 286,172 576,437 1,790,767 Community Reinvestment 5,862,535 1,181,724 1,846,582 3,896,618 5,196,707 Other Restricted Fees 36,384,438 (437,405) 621,669 503,850 8,191,575 2,277,975 342,426 8,582,865 1,078,780 Grants: Public Housing: Rentals Grants Other 7,677,450 96,223,329 25,464,757 1,498,985 27,235,480 4,680,993 1,305,169 27,427,841 2,334,423 10,973,400 10,004,071 129,365,536 33,415,458 31,067,433 72,694,413 240,755,810 70,581,150 524,157,259 2,030,085 (24,635,038) (4,507,986) 10,067,935 7,452,858 (32,061,787) (1,378,517) (6,446,390) $ Total Public Housing Other: Human Resources Federal Transit Administration Community Development Other 7,112,886 4,858,174 450,617 4,406,158 8,036,775 10,157,625 677,463 8,701,248 16,827,835 27,573,111 Total Other 908,188,632 (17,045,004) (32,433,836) 27,801,235 37,577,182 Total Grants 1,037,554,168 16,370,454 (1,366,403) 403,560 0 500,831 1,849,677 119,288,943 4,396,670 274,880 0 512,886 7,778 403,560 2,350,508 123,685,613 274,880 520,664 93,416,239 106,914,265 1,993,616,901 216,528,978 181,117,606 119,690,864 271,910,885 5,711,000 8,827,798 2,883,830 3,521,570 0 23,729,676 72,294,315 211,297 974,518 718,877 873,217 180,215 18,977,573 32,892,460 728,551 713,044 743,360 785,939 405,108 412,545,947 98,982,115 55,246,035 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: 8,184,546 19,375,454 73,001 162,657 217,003 230,459 59,281 5,406,426 11,887,902 232,041 9,037,424 246,398 256,694 125,997 28,302,401 27,192,882 Sky Harbor: Airlines Concessions Interest Other Phoenix-Goodyear Phoenix-Deer Valley Phoenix-Customer Facility Charge Total Aviation 28 Citywide Operating Revenue by Source (continued) For the Month Ended SEPTEMBER 30 2021 2020 Budget Estimate 2021-2022 Source Actual Year-to-Date 2021-2022 2020-2021 Enterprise Funds (Cont'd) CONVENTION CENTER: $ 3,826,295 699,726 18,454 2,925,382 322,552 48,068 4,544,475 3,296,002 45,035,513 225,115 395,952 1,482,499 353,400 113,384 (425,133) 51,101,669 223,281 582,303 925,910 322,680 208,370 (909,353) 47,180,730 52,454,860 Excise Taxes Operating Revenue Interest Total Convention Center 57,195,956 18,000,000 800,000 13,238,603 2,273,849 53,451 9,958,176 688,378 148,649 75,995,956 15,565,903 10,795,203 457,546,975 5,000,000 5,610,000 8,792,000 4,900,000 8,317,000 (2,469,270) 139,943,567 662,575 7,112,573 3,269,432 1,518,060 335,342 (5,025,990) 158,258,928 666,492 2,639,338 2,806,448 1,196,430 632,740 (2,417,969) 487,696,705 147,815,559 163,782,407 WATER SYSTEM: $ Water Sales Water Service Fees Distribution Intergovernmental Development Fees Interest Other $ Total Water System WASTEWATER: 17,785,304 3,764,169 332,473 150,442 4,914,415 17,588,189 1,840,687 307,920 264,635 1,842,562 Sewer Service Charges Multi-City Development Fees Interest Other 210,134,198 15,721,355 4,700,000 3,611,000 20,529,855 53,030,996 7,614,634 1,479,613 463,220 8,340,262 52,213,146 5,795,316 1,119,150 817,874 5,894,433 26,946,803 21,843,993 Total Wastewater 254,696,408 70,928,725 65,839,919 171,158,281 12,496,485 500,800 5,714,310 42,750,751 3,476,009 51,471 3,230,261 38,295,644 2,749,325 92,077 961,677 189,869,876 49,508,492 42,098,723 1,420,804,892 382,800,794 337,762,287 SOLID WASTE: $ 14,261,155 1,055,488 17,259 1,091,611 12,785,313 1,044,043 30,651 (269,793) 16,425,513 13,590,214 123,399,922 118,377,951 309,300,872 $ 378,652,650 Collection Fees Landfill Fees Interest Other Total Solid Waste Total Enterprise Funds $ 4,770,197,318 Total Operating Revenues 29 $ 917,445,044 $ 883,846,886 Citywide Operating Expenditures by Program For the Month Ended SEPTEMBER 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 $ 236,822 356,223 403,084 5,629,104 73,175 336,495 185,647 2,288,315 350,387 647,397 1,047,001 234,238 12,240 389,895 2,691,282 1,860,177 16,741,485 $ 187,507 344,248 613,966 5,458,607 327,086 247,162 241,127 3,147,083 257,766 513,678 1,314,255 222,151 12,974 351,202 2,427,747 2,203,961 17,870,522 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 $ 658,977 1,175,065 2,050,130 17,604,856 352,470 961,358 959,377 7,154,775 815,666 1,772,809 4,005,577 629,185 39,946 1,336,602 8,275,121 98,550 $ 452,149 960,996 1,670,468 19,967,866 644,071 699,867 680,214 7,145,305 619,154 1,148,036 3,790,279 599,385 32,434 986,475 14,236,436 125,849 $ 658,977 1,175,065 2,050,130 17,143,025 352,470 961,358 959,377 7,154,775 815,666 1,772,809 3,914,873 629,185 39,946 1,336,602 7,293,951 98,550 461,831 90,704 981,170 - 207,279,714 47,890,464 53,758,984 46,356,759 1,533,705 42,565,455 5,634,405 10,598,256 1,346,141 10,479,730 1,182,414 9,329,165 1,346,141 1,269,091 - 48,199,860 11,944,397 11,662,144 10,675,306 1,269,091 787,047,218 462,514,635 689,995 196,680,984 133,678,240 285,845 190,702,483 104,037,571 348,499 196,596,166 133,614,281 285,845 84,818 63,958 - 1,250,251,848 330,645,068 295,088,554 330,496,292 148,776 Criminal Justice 3,473,022 444,803 3,496,750 399,074 3,917,825 3,895,825 Municipal Court Public Defender Total Criminal Justice Public Safety 68,008,845 52,138,202 81,039 68,171,128 36,731,103 109,033 120,228,086 105,011,264 Police Fire Other Total Public Safety -30- Citywide Operating Expenditures by Program (continued) For the Month Ended SEPTEMBER 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 $ 8,906,695 606,777 34,861,182 3,059,992 47,434,646 $ 7,325,830 251,663 28,845,992 (3,336,238) Street Transportation Street Lighting Aviation Public Transit 33,087,246 Total Transportation $ 109,015,415 8,608,167 439,526,868 295,006,507 $ 36,420,424 3,546,930 158,917,892 203,786,562 $ 33,091,111 2,865,255 83,829,931 200,314,140 $ 35,886,446 3,546,930 137,086,563 203,786,562 533,978 21,831,329 - 852,156,957 402,671,807 320,100,437 380,306,500 22,365,307 Community Development 5,919,578 8,244,983 1,344,630 2,592,371 5,493,201 8,471,294 5,789,536 2,549,812 Planning and Development Housing Economic Development Neighborhood Services Department 81,254,299 113,580,586 17,793,336 81,397,917 18,606,364 26,464,252 3,263,359 7,722,263 16,309,638 25,803,237 12,409,951 7,376,163 18,606,364 26,445,731 2,285,028 7,722,263 18,521 978,331 - 18,101,562 22,303,842 Total Community Development 294,026,138 56,056,238 61,898,989 55,059,386 996,852 124,466,232 44,860,208 64,404,482 12,708,486 147,637,246 4,582,155 4,772,747 34,724,662 15,533,978 26,981,176 3,177,391 38,758,031 3,365,735 1,637,124 31,720,904 14,448,155 28,781,166 2,281,371 33,079,296 3,348,366 2,935,251 34,718,787 15,533,978 21,789,945 38,756,953 3,365,735 1,637,124 5,875 5,191,231 3,177,391 1,077 - 403,431,556 124,178,097 116,594,509 115,802,522 8,375,575 Community Enrichment 11,691,282 3,657,233 4,380,832 1,059,610 14,139,113 155,745 437,569 12,354,013 3,040,447 4,405,619 1,162,676 10,174,540 103,040 327,571 35,521,385 31,567,907 Parks and Recreation Library Convention Center Sports and Cultural Facilities Human Services Public Parking Facilities Other Total Community Enrichment -31- Citywide Operating Expenditures by Program (continued) For the Month Ended SEPTEMBER 30 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 $ 30,914,628 14,894,243 15,649,863 2,459,755 213,044 79,903 64,211,437 $ 31,900,164 14,953,826 13,646,371 1,819,435 1,141,363 75,523 63,536,683 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 $ 103,459,261 51,300,692 48,128,608 9,091,881 556,328 268,795 $ 101,216,629 47,953,628 40,159,917 8,478,966 1,610,358 225,889 $ 70,468,241 33,725,272 44,557,950 7,495,176 556,328 268,795 32,991,020 17,575,420 3,570,657 1,596,705 55,733,803 805,954,174 212,805,565 199,645,388 157,071,762 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 5,064,879 859,063 181,944 2,009,707 135,131 708,908 556,125 3,781,321 1,801,593 163,619 5,032,710 2,669,004 1,086,902 271,858 236,625 5,198,979 3,009,798 6,388 80,357 4,231,134 1,057,947 200,503 1,956,132 134,744 1,657,889 617,935 3,881,231 1,762,693 190,342 4,980,665 2,408,476 1,282,767 369,358 235,500 5,104,341 2,739,399 5,288 80,357 5,064,879 859,063 181,944 2,009,707 135,131 708,908 556,125 3,781,321 1,801,593 163,619 5,032,710 2,669,004 1,086,902 271,858 236,625 5,198,979 3,009,798 6,388 80,357 - 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 11,080,537 Total Debt Service 132,069,680 32,854,910 33,218,953 32,854,910 - (178,392,089) 16,839,441 Capital Improvement 40,683,021 171,013,565 - 4,693,588 - 2,401,147 $ 138,715,972 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 1,025,587,040 171,013,565 - American Rescue Plan Act 404,900,000 4,693,588 - Vacancy Savings (11,000,000) - Contingencies 305,193,265 - 203,664,420 - 5,616,521,387 1,394,753,700 -32- 1,132,650,979 1,304,330,591 90,423,108 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 $ (9,721,383) 1,581,212 273,355 382,367 3,502,741 2,740,716 7,580 142,185 3,840,936 11,314,206 166,549,246 360,595 41,894,840 $ 23,060,130 1,203,077 3,172,043 1,277,098 179,136 15,707 74,483 4,203,873 171,606 173,123,084 318 19,465,166 1,027,926,733 $ 222,868,597 $ 225,945,720 $ 430,168,664 40,136,585 31,068,570 248,806,560 405,045,933 1,155,226,312 $ 2,183,153,045 $ $ 21,361,555 6,255,880 827,383 88,625,488 52,215,123 169,285,428 $ 392,154,025 $ - $ 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 $ Unencumbered Budget 337,696,715 169,955,683 $ 278,617 1,085,271 273,355 246,751 2,918,096 2,538,556 7,580 142,185 3,818,841 98,635,599 8,978,033 902,484 $ 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) 495,941 135,616 584,645 202,160 22,096 11,314,206 67,913,647 360,595 32,916,807 902,484 19,171,187 24,110,899 7,726,645 36,750,266 42,510,230 600,000 16,590,476 5,613,703 13,764,041 80,192,956 3,648,000 13,097,794 242,560,920 5,640,405 292,178,131 675,420,897 $ 118,922,884 352,505,836 $ 103,945,713 805,058,136 $ 72,928,484 9,900,018 1,112,786 18,036,610 26,270,467 128,248,365 $ $ 354,194,085 $ 1,025,587,040 - 33 - $ 2021-2022 Year-to-Date Capital Amounts From Capital Funds Budget Actual 127,554,037 15,638,135 9,343,623 69,595,302 128,035,046 350,166,143 $ 1,715,547 131,267 638,785 23,038,789 26,566,293 52,090,681 $ 171,013,565 $ $ $ $ 302,614,627 24,498,450 21,724,947 179,211,258 277,010,887 805,060,169 $ 1,157,566,005 $ $ $ 19,646,008 6,124,613 188,598 65,586,699 25,648,829 117,194,747 $ $ 408,807,109 33,880,705 30,241,187 160,181,072 352,830,810 985,940,884 $ 221,140,460 $ 1,790,999,020 Bonds Authorized and Sold As of SEPTEMBER 30 (dollars in thousands) Authorized Sold Available 1988 Authorizations General Obligation Bonds Freeway Mitigation, Neighborhood Stabilization, and Slum and Blight Elimination $ Bonds Fully Issued Total General Obligation Bonds Revenue Bonds Bonds Fully Issued Total 1988 Authorizations 29,285 884,175 $ 28,285 884,175 $ 1,000 - 913,460 912,460 1,000 143,890 143,890 - 1,057,350 1,056,350 1,000 66,300 125,300 24,800 61,500 12,000 33,000 91,500 74,000 77,000 78,800 66,000 43,700 64,600 124,685 24,170 60,700 11,205 32,100 89,275 71,645 72,575 77,685 65,950 43,700 1,700 615 630 800 795 900 2,225 2,355 4,425 1,115 50 - 753,900 738,290 15,610 81,000 11,100 198,700 12,800 104,622 74,705 29,178 115,500 107,295 78,200 65,400 63,385 8,510 190,610 8,345 85,510 61,200 21,100 102,290 81,900 58,135 61,770 17,615 2,590 8,090 4,455 19,112 13,505 8,078 13,210 25,395 20,065 3,630 878,500 742,755 135,745 2001 Authorization General Obligation Bonds Education, Youth and Family Cultural Facilities Computer Technology Environmental Cleanup Fire Protection Historic Preservation Library Facilities Street Improvements Neighborhood Protection and Senior Centers Parks, Open Space, and Recreational Facilities Police Protection Storm Sewer and Flood Protection Bonds Fully Issued Total 2001 Authorizations 2006 Authorization General Obligation Bonds Affordable Housing and Neighborhood Revitalization 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 Oct YTD thru Sept September 33,757 94,720 32,919 95,147 56,465 126,188 33,935 135,455 41,516 147,369 43,317 124,513 Nov 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 Oct Sept 17,561 12,476 11,479 13,123 16,285 15,578 Nov YTD thru September 41,594 45,061 46,539 50,517 60,948 52,377 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 Sept 5,152 5,349 5,207 6,207 6,363 6,035 Nov YTD thru September 18,990 20,553 21,617 23,997 22,144 23,450 Dec Jan Feb 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 Sept 176,701 152,605 194,506 260,275 185,901 255,683 Oct Nov YTD thru September 460,729 451,748 482,380 546,084 534,644 621,357 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 Nov 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 Sept 30,148 31,728 32,953 27,193 28,302 32,806 YTD thru September 91,516 95,301 95,749 55,246 98,982 90,821 Dec Jan Feb Mar Apr 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 Sept 44,819 44,112 47,319 52,454 47,181 51,601 Nov Dec Jan Feb Mar Apr May June YTD thru September 144,076 140,671 151,575 163,782 147,816 164,098 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 32,000 17-18 Actuals 18-19 Actuals 27,000 19-20 Actuals 22,000 20-21 Actuals 21-22 Actuals 17,000 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 Sept 19,811 21,145 21,373 21,844 26,947 21,662 Nov Dec Jan Feb Mar Apr May June YTD thru September 61,383 59,511 64,340 65,840 70,929 64,615 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